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Professional Services

Accountancy firm Bishop Fleming opens Exeter office
Offices
The new office is the second-largest in the company's network and employs more than 100 staff
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The latest acquisition and equity investment deals in Wales
Banking & Finance
Firms featured include Amotio, Draig Therapeutics, Ceryx Medical, Pink Storage and B Fit Group.
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Law firm launches new planning practice in Birmingham
West Midlands
Freeths expands services with plans to grow team in the city
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Revolut launches stocks and shares ISAs, partners with top fund managers for º£½ÇÊÓƵ customers
By City AM
The digital banking giant has expanded its investment offering into stocks and shares ISAs for º£½ÇÊÓƵ customers
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Monzo fined £21m by City watchdog for 'repeatedly' failing in crime control
By City AM
The Financial Conduct Authority (FCA) said Monzo failed to keep pace with the growth in its customer and product base, and onboarded thousands of high risk customers
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DF Capital hails ‘continued momentum’ and asset finance launch as new loans reach record high
Finance
Manchester bank will move into Express Building later this year
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Newcastle Building Society opposes closure trend with new city centre branch
Professional Services
The building on the city's Grainger Street has undergone a significant refurbishment over the last two years
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Financial services firms expect rapid rise in job losses amid waning optimism
By City AM
The financial services sector is facing a rapid rise in job losses as investment plans and optimism levels sink to fresh lows, according to the Confederation of British Industry (CBI)
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Newcastle-based construction consultancy Summers-Inman acquired by Bellrock
Construction
The company its acquisition would create a "significant step forward"
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Lloyds boss warns Labour's pension funds deal risks making º£½ÇÊÓƵ more like China
By City AM
Chancellor Rachel Reeves secured the support of 17 pension funds ahead of the Mansion House speech, which is expected to feature reforms to pensions and investment
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Survey suggests º£½ÇÊÓƵ as 'most attractive' investment destination amid growing risk appetite
By City AM
City leaders have spoken about their desire to take on bigger gambles to drive returns and improve growth prospects
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£8m funding deal for software firm
West Midlands
Flo Group is planning to grow its funding arm with support from Aldermore
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Rachel Reeves' ISA plans would 'choke mortgages' for first-time buyers
By City AM
Darlington Building Society chief executive Andrew Craddock said the policy would impact first-time buyers and 'those who struggle to find a mortgage with mainstream high street lenders'
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Bank of England considers stablecoins for wholesale markets, shifts regulatory stance
By City AM
Sasha Mills, Executive Director of Financial Market Infrastructure at the Bank of England, said the regulator was "open minded" on the use of stablecoins in wholesale markets
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Apollo-backed Athora acquires º£½ÇÊÓƵ's Pension Insurance Corporation in £5.7bn deal
By City AM
Apollo-backed Athora has struck a £5.7bn takeover for the º£½ÇÊÓƵ's Pension Insurance Corporation (PIC) in a deal that will create a group with combined assets worth nearly £112m
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Digital bank Zopa to open Manchester office with plans to create up to 500 jobs
Professional Services
Bank calls city 'one of Europe’s fastest-growing tech hubs'
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The major impact of the financial and professional services sector on the Welsh economy
Economy
Representative body for the sector TheCityº£½ÇÊÓƵ has published new figures on the impact of the sector in Wales and across the º£½ÇÊÓƵ.
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HSBC's strategic retreat from Europe continues with £260m sale of º£½ÇÊÓƵ life insurance arm
By City AM
The banking group has sold its º£½ÇÊÓƵ life protection arm to insurance firm Chesnara as part of a £260m deal
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Fletchers targets Midlands with buyout deal
West Midlands
Law firm has taken on serious injury practice from Shoosmiths
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Bank of England policymaker calls for faster interest rate cuts to prevent 'downside scenario'
By City AM
Bank of England policymaker Alan Taylor has urged his colleagues on the Monetary Policy Committee to vote for faster interest rate cuts in order to allow a soft landing on the inflation path
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Santander acquires TSB for £2.9 billion, expanding º£½ÇÊÓƵ presence and customer base
By City AM
The acquisition of TSB will significantly strengthen Santander º£½ÇÊÓƵ's market share, adding five million customers and £34bn in mortgages to its portfolio, as well as 218 branches
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Secure Trust Bank to axe 78 jobs as lender exits motor finance business
By City AM
Secure Trust Bank said it will pause new lending within its vehicle finance division and "run off" its existing book, meaning it will manage its current portfolio until it naturally winds down
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Accountancy firm Menzies expands with acquisition of Cardiff firm Haines Watts Wales
Deals
The deal creates a new enlarged Menzies office in Cardiff
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British banks axe huge number of workers in bid to modernise and compete with challengers
By City AM
Total employee numbers at º£½ÇÊÓƵ lenders fell by 5.25 per cent to 580,371 over the year, the largest drop since 2018, as the industry continues to grapple with the digital revolution
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Banking & FinanceThe latest acquisition and equity investment deals in WalesFirms featured include Amotio, Draig Therapeutics, Ceryx Medical, Pink Storage and B Fit Group.
Law firm launches new planning practice in Birmingham
West Midlands
Freeths expands services with plans to grow team in the city
Revolut launches stocks and shares ISAs, partners with top fund managers for º£½ÇÊÓƵ customers
By City AM
The digital banking giant has expanded its investment offering into stocks and shares ISAs for º£½ÇÊÓƵ customers
DF Capital hails ‘continued momentum’ and asset finance launch as new loans reach record high
Finance
Manchester bank will move into Express Building later this year
OfficesAccountancy firm Bishop Fleming opens Exeter officeThe new office is the second-largest in the company's network and employs more than 100 staff
The latest acquisition and equity investment deals in Wales
Banking & Finance
Firms featured include Amotio, Draig Therapeutics, Ceryx Medical, Pink Storage and B Fit Group.
Law firm launches new planning practice in Birmingham
West Midlands
Freeths expands services with plans to grow team in the city
Revolut launches stocks and shares ISAs, partners with top fund managers for º£½ÇÊÓƵ customers
By City AM
The digital banking giant has expanded its investment offering into stocks and shares ISAs for º£½ÇÊÓƵ customers
Monzo fined £21m by City watchdog for 'repeatedly' failing in crime control
By City AM
The Financial Conduct Authority (FCA) said Monzo failed to keep pace with the growth in its customer and product base, and onboarded thousands of high risk customers
By City AMFTSE 100 darling Rolls-Royce set to smash through latest milestoneRolls-Royce shares are set to be worth £10 each for the first time in the next few weeks
Welsh PR firm Cowshed named the best in the º£½ÇÊÓƵ
Awards
It took the consultancy of the year award at the Excellence Awards from industry body the CIPR
Demolition firm Thompsons of Prudhoe acquired by Yorkshire firm Ashcourt Group
Deals
The historic firm dates back to the 1940s and has been run by the family of its founders until now
Masterplan for island waterfront district at Manchester Waters moves forward
Housing
The remaining 25 acres of brownfield land at Pomona Island could be regenerated with new homes and a waterside park
Strong demand for º£½ÇÊÓƵ student housing as university applications grow, says Unite
Housing
Bristol-headquartered accommodation provider Unite says student numbers are expected to rise for the 2025-26 academic year
Economic DevelopmentNew tourism tax in Wales set to become lawThe Senedd has passed plans for a tourism tax
Housebuilders agree record £100m payments after competition probe
Housing
Barratt Redrow, Bellway, Berkeley Group, Bloor Homes, Persimmon, Taylor Wimpey and Vistry have been investigated over allegations of sharing information
Accountancy firm Bishop Fleming opens Exeter office
Offices
The new office is the second-largest in the company's network and employs more than 100 staff
Bristol office rents rise to record levels amid city centre property demand
Offices
There could be a 'severe shortage' of supply in the next two to three years unless more schemes are developed, a new report has warned
The latest acquisition and equity investment deals in Wales
Banking & Finance
Firms featured include Amotio, Draig Therapeutics, Ceryx Medical, Pink Storage and B Fit Group.