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Professional Services
Lab grown meat pioneer CellRev collapsed with debts of almost £1m, documents show
Technology
The Newcastle University spin-out had been at the forefront of sustainable meat production
Bookmark
Zilch secures £30m loan from US Bank to fuel expansion, plans major growth announcement
By City AM
The London-based fintech has agreed the £30m facility with New York-based US Bank, according to documents filed with Companies House.
Bookmark
AI tech firm Veridox wins £1m investment for its platform to detect insurance fraud
North West
Manchester firm's technology analyses documents and images for signs of manipulation
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British tax fears soar as watchdog launches deregulation push
By City AM
The PRA has outlined plans to slash regulation across the banking sector in a bid to cut red tape
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Natwest and HSBC shares fall as bank tax chatter heats up
By City AM
Shares in Natwest and HSBC dipped on Monday morning as traders digested renewed chatter of a tax hike on Britain's banking giants.
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Global bank plans to close Royal Liver Building office
Finance
The Bank of New York Mellon Corporation (BNY) is in a consultation process with employees over potential moves to Manchester
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Government borrowing in August hits highest level in seven years forcing taxes to rise
By City AM
Public sector borrowing was 18bn in August 2025, 3.5bn more than last year and the highest since 2020
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North Wales housing association secures £20m funding facility from Principality Building Society
Banking & Finance
North Wales Housing has been backed by the mutual's commercial arm
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Investec outlook in line with expectations despite 'challenging' market backdrop
By City AM
Investec said it is on track to meet full-year expectations, as it battles a "challenging macroeconomic backdrop and market volatility" during the first half of its financial year
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Inflation hits 3.8% as tax hikes see food price spike - and it's set to get worse
By City AM
The previous reading for inflation in July was 3.8 per cent, with the August figure likely to confirm Bank of England rate-setters will vote to hold interest rates at its next decision on Thursday.
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PwC º£½ÇÊÓÆµ sees slight profit increase amid strategic headcount reductions and tech investments
By City AM
The Big Four firm has reported a slight increase in revenue, profits, and profit per partner for the year ended 30 June 2025, largely due to headcount cuts
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How ‘Mancunian spirit’ is helping city’s homegrown bank DF Capital to grow
Finance
'We're not lending in random places. So we've stuck to the knitting'
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Why digital bank Zopa chose Manchester for its new base– and why it could create hundreds of new jobs
Finance
Zopa CEO says 'availability of tech talent' helped clinch bank's Manchester investment
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Eden Project designer Sir Nicholas Grimshaw dies at 85
South West
He gained widespread recognition for creating the attraction which is now a major tourist destination
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State pension poised to rise by £560 in extra costs to Treasury
By City AM
State pension poised to rise by £560 in extra costs to Treasury
Bookmark
Co-op Insurance partners with ClearScore to offer personal and secured loans
By City AM
The insurance arm of the Co-op Group is expanding its presence in the financial services market by offering personal loans, in partnership with ClearScore.
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Media Academy Group boosted with six-figure new lending facility from NatWest
Deals
The funding will allow the social enterprise to acquire its head office in Cardiff and expand its support to young people
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Asset finance insurance provider Acquis eyeing French expansion with new Paris office
Appointments
Asset finance insurance provider Acquis has invested in a new Paris office as it aims to strengthen its presence in France
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Monmouthshire Building Society post rise in profits and total assets
Finance
The Newport headquartered mutual has also reported high customer satisfaction levels
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º£½ÇÊÓÆµ fintech SumUp plans London IPO amid Klarna backlash
By City AM
The º£½ÇÊÓÆµ card reader firm is in talks with investment banks and hopes to float within the next year, but is also considering New York amid concerns over the City's appeal
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Barclays chief urges government to curb public sector wages and lower banking sector taxes
By City AM
Barclays chief executive CS Venkatakrishnan has called on the government to avoid raising taxes on banks and to curb pay rises for public sector workers
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Goldman Sachs warns º£½ÇÊÓÆµ tax hikes could push interest rates higher
By City AM
Chancellor is expected raise taxes by up to 30 billion in the autumn budget
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Metro Bank appoints new corporate banking head for Wales and South West England
Appointments
She has 15 years' experience in the sector and previously worked at Lloyds
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High street banks' return to small businesses slows as approval rates fall
By City AM
The big banks have turned back to the area as the government clamps down on smaller firms' difficulty accessing finance.
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