The COVID-19 pandemic has been tough on the economy – and businesses of all types have felt the strain.
In April 2020 alone, a quarter of UK companies closed and May saw the country enter its worst recession for many years.
Various levels of restrictions, ranging from lockdowns to the tier system, have resulted in businesses struggling to stay afloat.
However, one Manchester-based firm has set a mission to change all that: Areande.
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How Areande is making a difference
Areande helps businesses across Manchester and beyond to claim research and development tax credits.
This incentive – also known as innovation tax relief – was introduced by the government in 2000 to encourage companies to innovate.
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R&D tax credits allow businesses to claim a cash payment or a reduction in their tax bill for a variety of costs spent on innovative projects.
Founded during the pandemic, Areande’s singular goal is to “simplify the claims process and help as many firms as possible”.
As multiple sectors started being squeezed by the pandemic and social distancing measures, Areande was set up to provide innovating businesses with a “vital lifeline”.
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Spending money developing or improving new products, services, or processes qualifies you for tax relief – with many companies eligible for cash payments or tax bill reductions.
You can determine whether you’re eligible for tax relief for your innovation here.
Partnering with Areande
Scott Graham / Unsplash
Areande also runs a partnership programme for individuals and businesses searching for an additional source of income during a financially challenging time.
Areande offers a lucrative referral programme for their partners, allowing companies to make money for sending potential claimants their way.
Explaining the partnership programme, Areande stated: “We use a rigorous approach with a built-in quality assurance system, ensuring we uncover all eligible R&D costs. Our experts do all the hard work; partners need only send clients our way and wait for their reward.
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“As a partner, you’d also have access to a dashboard where you can monitor earnings in real-time and easily export data for reporting. You would also have the pleasure of seeing your clients power their businesses forward, achieving – and even exceeding – their growth plans by claiming Areande. Partnering with Areande could provide many benefits to both you and your clients.”
Research and Development Expenditure Credit (RDEC), also known as above the line R&D tax credit, allows larger companies to reclaim tax for their innovation.
This incentive is worth 11p for every pound spent on qualifying R&D activities.
Areande saves its clients from having to deal with HMRC and pledges support for almost all industries; with members of its team from agriculture, pharmaceutical, medical supplies, research, property, construction, financial and technology backgrounds.
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The company stated: “We use a streamlined and technology-driven process that can take businesses from claim to cheque in a matter of weeks SMEs, whether they are profit or loss-making, can claim up to 33p for each £1 they’ve spent on innovation.
“We have helped thousands of businesses across the country claim back millions from HMRC, with an average claim value of £53,714 for SMEs and £600,977 for large companies. We have a streamlined process; we handle everything so you can focus on innovating.”
With the money received from Areande claims, businesses have managed to increase their incomes, expand their operations and recoup some of their COVID-19 losses.
In the current climate, local businesses need a boost – and Areande is providing exactly that.
You can apply for R&D tax credits online here.To learn more about what Areande are doing to support the local economy, visit their website. You can sign up and see if you’re eligible online.
Business
Kevin De Bruyne reveals he wasn’t offered a new contract by Manchester City
Danny Jones
Manchester City star Kevin De Bruyne has revealed he wasn’t offered a new contract by the club before making the decision to leave at the end of the season.
The 33-year-old is preparing to leave the Etihad after more than a decade, following the conclusion of the current 2024/25 campaign, announcing the decision earlier this month.
It goes without saying that the Belgian playmaker isn’t just a fan favourite and club legend but one of the most revered players in European football, let alone England, having been transformational both for the Blues and the Premier League.
Although his exit hasn’t come as a complete shock, given his age and increasing injury problems, De Bruyne himself has confessed that he was “a bit surprised” not to be offered a new contract by Man City whatsoever over the past year.
Kevin De Bruyne has revealed his shock at not being offered a new contract with Man City and has not ruled out joining another Premier League club 📝 pic.twitter.com/ymUDaI4CvJ
As per multiple outlets, KDB shared the revelation during his post-match media duties after the Everton game on Saturday, revealing: “I didn’t have any offer from them the whole year and City made a decision. Obviously, I was a bit surprised but have to accept it.”
Despite a firm belief that he “can still perform” at this level (one most would wholeheartedly agree with him on), he assured he understood the club’s thinking and even admitted that it was “more of a relief” knowing that he was the first to learn that news and could announce his departure on his own.
Insisting that he’ll still be giving everything to help the team win in their remaining games this season, he went on to detail that the decision has been made “because the whole team has struggled.”
“Maybe if the team didn’t struggle and I came back like I did this year and bedded in like normal, then maybe they would take another decision”, he added, arguing that he’s playing with much more rhythm and confidence post-injury.
After all, he was the difference once again in the remarkable comeback against Crystal Palace.
De Bruyne has made it clear he’d be more than happy to stay in the Premier League.
Although he wouldn’t go into too much detail on the conversations, he reiterated, “I can’t really say what they think on the inside […] I have to accept the situation even though I feel like I can still do a good job, but that’s it.”
Despite many fans coming to terms with the difficult choice made by the club, many supporters still believe it is an oversight on CFG’s (City Football Group) part.
One social media user has nearly 5,000 likes and almost 400 comments on a post entitled: ‘A petition to make Manchester City apologise and offer Kevin De Bruyne a new contract’.
While not everyone is in agreement on the matter, there is clearly plenty of doubt, with the same account going on to add, “There’s no shame in admitting a mistake and offer[ing] Kevin De Bruyne a new 1-year contract. His influence in the dressing room, let alone on the pitch, remains of critical importance.”
It’s hard to gauge exactly what manager Pep Guardiola makes of all of it, either; apart from his farewell message included as part of the club statement confirming his contract expiry, this is pretty much all the Catalan coach has had to say on the matter thus far:
Landmark Manchester building Campfield Market to reopen as creative ‘mega campus’
Daisy Jackson
Finally, Manchester’s historic Campfield Market is being brought back to life, set to turn into a creative tech campus.
The huge space – part of which was previously the Air and Space Hall at the Science and Industry Museum – will soon reopen as a ‘mega campus’ for the city’s creative and tech businesses.
The plans revealed by Allied London show a whopping 130,000 sq ft campus across three buildings, including the two landmark Victorian market halls.
Set to launch this June, Campfield will be home to flexible workspaces, cafes, media studios, a bar, and plenty more.
A highlight will be Campfield House, ‘the city’s newest destination for socialising and entertainment’, home to a cafe, event space, the Campfield House Bar, and weekend craft markets and food stalls, all set beneath the building’s iconic glass roof
At the heart of the mega campus will be Department at Campfield, with a range of cutting-edge facilities and flexible workspaces from private offices to creative studios to co-working areas.
There’ll also be mixed media studios, workshops, meeting rooms, all based on the success of existing Department workspaces established in 2020 across Manchester and Leeds.
Elsewhere, the creative tech-specialising Exchange will provide critical resources, coaching and community to businesses – it’s already supported more than 1000 individuals and 200 businesses.
The vision for Campfield in Manchester
Of the two listed former market halls, the smaller will become Campfield Studios, with production spaces and studios around a dramatic central atrium available for hire.
And completing the Campfield campus will be Castlefield House, where members will find a dynamic media workspace and hospitality hub, with a Bauhaus-inspired design and a spacious courtyard cafe.
Campfield will join other restored, repurposed and revolutionary landmarks in St John’s, like Aviva Studios, Bonded Warehouse and Manchester Goods Yard.
Michael Ingall, Chief Executive of Allied London, said: “Campfield will provide creative, tech and media businesses with the infrastructure and facilities they need to grow and develop. Importantly, it will once again be open for social gatherings and for the public to enjoy.
“The project will see these historically significant buildings given a new life and fully equipped to play an integral part in the next generation of artistic and creative output from the city’s new creative district.”
The vision for Campfield in Manchester
Councillor Bev Craig, Leader of Manchester City Council, said: “Campfield is a much-loved historic site that has sat empty and underutilised for so long. We’ve been supporting this project from the start, bringing these important heritage buildings brought back into active use, supporting the city’s ongoing growth and boosting employment opportunities in some of the city’s key emerging sectors.
“Manchester’s reputation is growing globally as a leader in the creative, tech and media industries, and this new hub is another example of creating a supportive ecosystem where businesses can start-up, scale-up and thrive. It’s great to see this scheme come to life, bringing a renewed energy to Campfield.”
Tanya Grady, Commercial Director of Allied London, said: “The sustainable reimagination of the historic Campfield campus will become a catalyst for a new creative community. We recognise that a place for creative, tech and media companies needs a diverse set of amenities to enable innovators to produce their best work.
“Campfield will maximise the number of businesses and founders we can support in fulfilling their creative potential. Campfield possesses everything founders need to take their tech, media and creative businesses to the next level.”
Abigail Gunning, Operational Director of Department, said: “Department Campfield will offer thoughtfully designed, service-led workspaces that enable businesses to succeed.
“The new campus represents our commitment to providing amenity-rich environments where people feel fulfilled, and businesses can attract the best talent. We’re excited to continue growing our community and support businesses shaping the future of Manchester’s creative and tech landscape.”
The Manc -
25th January 2021 
