Business supportSmall businesses in the North West offered free office space to battle...

Small businesses in the North West offered free office space to battle soaring winter costs 

Would you be interested in attending Meta’s Good Ideas Studios on 24-25 November at 1830 Warehouse, Manchester, M3 4FP? In attendance and available for interview will be:

  • Grace Beverley, 25, one of the UK’s leading young entrepreneurs and CEO of Tala and Shreddy, who can discuss why she is working with Meta in Manchester and the importance SMEs play in the UK economy
  • The founders of The Little Sri Lankan, local Manchester based small business who can talk to the challenges their business is currently facing

In line with the Good Ideas Studios launch, small businesses in the North West are being offered free winter office space in a bid to reduce costs and maximise their chances of survival. Meta’s “Space for Good Ideas,” initiative will see local small businesses of fewer than 50 employees are able to apply for space at fb.me/goodideasstudios by 25 November, and through doing so, removing one of their biggest costs at a time when energy bills continue to rise.

The news comes as new YouGov data commissioned by Meta reveals over a quarter (26%) of small business decision makers in the North West fear their business may close, while over half (55%) say a major business priority in the next six months is survival.

Almost a third (29%) of those polled worry their business won’t be able to keep up with their outgoings during the year ahead while over a quarter (26%) admit to using less energy to save on bills. Two in five (42%) say reducing costs would be crucial to their firm’s future success.

Steve Hatch, VP Northern Europe, Meta, said, “Small businesses are the lifeblood of the UK economy and right now they face the challenge of a lifetime just to keep the lights on. We know there’s no one fix to the challenges faced, however we believe through helping both online and offline we can provide support to local businesses in need. This is why we’re offering small businesses in Edinburgh the opportunity to apply for free office space in a bid to ease costs.”

News Desk
News Deskhttps://www.businessmanchester.co.uk/
The Business Manchester News Desk team is a collective of experienced journalists and editors dedicated to delivering comprehensive business news and insights from the Manchester area and beyond. With a strong background in finance, technology, property, and innovation, our team ensures that our readers stay well-informed about the latest trends and developments in the business world. Through in-depth reports and insightful analysis, the Business Manchester News Desk team is committed to providing high-quality journalism to its audience.
Latest

Labour to run Bolton council for another year after crunch town hall vote

Akhtar Zaman has been elected by councillors as the new leader of the authorityCoun David Grant, leader of the Horwich and Blackrod First independents,...

Tyson Fury sings with Peter Andre in behind-the-scenes clip of Venezuela's wedding

The pop icon was tasked with singing at the famous boxer's daughter's wedding receptionOver the years, Tyson has sung a string of songs after...

Johannes Radebe breaks down on stage after Strictly host role announced

The dancer broke down in tears on stage, where he is currently performing in the musical Kinky Boots, after his Strictly star was announced"It’s...

Full list of UK areas affected by yellow heat-health alert this week

Greater Manchester and the north west have not been included in the warningHere is a full list of the UK areas affected by the...
Subscribe to our newsletter
Business Manchester will use the information you provide on this form to be in touch with you and to provide updates and marketing.
Don't miss

DWP bank holiday benefit payment changes affecting claimants next week

Affected claimants will need to make their money last longer due to the upcoming bank holiday date Payments due on May 25 will be affected(Image:...

Police to be given funding boost in crackdown and raids on 'dodgy' shops across region

Rogue barber shops, vape stores, mini-marts and sweet shops across the region linked to organised crime will be hitAccording to the Chartered Trading Standards...

Thousands still dying from asbestos exposure decades after UK ban, research warns

More than 25 years after asbestos was banned in the UK, the material continues to cause around 5,000 deaths annually, according to new findings...

Disconnected Systems Are Slowing UK SMEs Down, Says N Six Studios

Digital solutions provider N Six Studios has warned that many UK businesses are operating with inefficient systems and workflows that create unnecessary complexity, poor...

More News

Managing remote team expenses in Manchester – A business owner’s guide

Running a business in Manchester used to mean having everyone under one roof. The office was the nerve centre, and if someone needed to...

Multi-page advantage: How brochure and booklet printing can tell your brand’s full story

In an age where digital marketing dominates, it might seem counterintuitive to invest in print materials like brochures and booklets. However, these multi-page formats hold...

More than half of Brits feel overworked in their jobs, new data reveals

New statistics released this week show that millions of Brits feel overworked in their job, struggling to maintain a healthy work/life balance. According to a...