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Professional Services

Cramlington's Tennick Accountants merges to create larger firm
Deals
The compliance, payroll and financial planning specialists have merged with Kinder Accountants
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PwC moves to new Welsh headquarters building
Wales
The professional advisory firm has moved its Cardiff operation into the One Central Square office building
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NEL Fund Managers secures another £21.5m to invest in firms
Finance
The sum will boost the other funds managed by the SME growth investor
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Rathbones £530m blow as it suspends client account inflows after FCA probe
Finance
Move follows independent skilled person review and CEO says he is 'grateful for the constructive engagement with the FCA'
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Foresight has strong pipeline for equity element of £130m Investment Fund for Wales
Deals
Foresight is the fund manager for the equity elment of the British Business Bank fund
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People on the move: key North East appointments and promotions
Appointments
Companies announcing new positions this week include Adderstone Group, Elite Venue Selection, Ward Hadaway, Laura Whittle Chartered Accountant and Chadwick Lawrence Solicitors
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Banking leader Sir Jon Cunliffe made Knight Grand Cross in King's Birthday Honours
Finance
Sir Jon's career spans politics, economics and diplomacy, as well as leading water sector reform as chairman of the Independent Water Commission
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Bank of Dave star Dave Fishwick says OBE is 'just unbelievable'
Finance
Entrepreneur who inspired Netflix film named in King's Birthday Honours list for services to finance, business and charity
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The latest acquisition and equity deals in Welsh business
Deals
Firms featured include Cardo Group, Design & Supply, Goldwise and Avantis Group
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PwC under investigation over WH Smith audit
Retail & High Street
The Financial Reporting Council has launched a probe into the accountancy giant's audit of WH Smith’s financial statements
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‘Most diverse cohort yet’ for Northern investor programme with £1.6m funding pot
SMEs
PXN Ventures’ PraeSeed programme is backed by Northern Powerhouse Investment Fund II
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Nationwide boss sees pay packet nearly double after Virgin Money takeover
Finance
Dame Debbie Crosbie spearheaded the mutual's multi-billion pound acquisition of Virgin Money
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Historic Swindon law firm moves from town centre offices
Law
Bevirs Law has had a presence in the town since 1910
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NatWest to invest £50m in branches after closing more than 1,000
NatWest
Bank has pledged no additional closures until at least 2029, after nine planned as part of its network revamp
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NorthStandard reports solid results despite global risks on the rise
Company Results
The marine insurance mutual saw premium income grow substantially to $938m (£697.1m)
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Established SMEs play a key role in Welsh private sector employment
Wales
New research on their impact has been carried out by Oxford Economics on behalf of Allica Bank
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North East businesses show growing future confidence in two leading surveys
Economy
The latest Business Barometer from Lloyds has been published alongside Barclays' Business Prosperity Index
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Alun Williams marks quarter of a century as CEO of Swansea Building Society with new charity fund
Banking & Finance
He is the longest serving CEO of any º£½ÇÊÓƵ mutual
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Accountancy and advisory firm S&W doubles Manchester space
Offices
Group moves into Bruntwood SciTech's Pall Mall scheme
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Historic law firm opens new office in Cheltenham
Gloucestershire
It is part of a regional expansion plan
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Wealth manager Fairstone Group set to acquire more than 20 firms by year-end
Finance
'I said in January that I expected a busy first full year as CEO and that has certainly been the case so far'
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North West firms ‘remain resilient despite high costs’, Barclays Business Prosperity Index shows
North West
Bank research suggests larger firms still considering investment
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Accounting giant founded by former KPMG boss stalls £1bn sale
Deals
Sumer has acquired more than 34 accounting firms since it was founded in 2022
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Law firm Knights confirms location for new permanent office in Cardiff
property news
The law firm is currently operating from temporary office space in the city
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