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Professional Services
Bank of England rate-setter advocates for decisive rate cuts amidst economic challenges
By City AM
Catherine Mann, a rate-setter at the Bank of England, argued that monetary policy needs to "cut through the noise" as she explained her decision to back a 50bps rate cut last week.
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Timber and fencing firm rebrands as owner marks 80 years in business
South West
The company says it is 'business as normal' and that 'nothing has changed' apart from its name
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New bank NW Mutual plans 60 branches as it wins key council backing: full list of proposed locations
North West
Bank has secures funding from Preston City Council
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Gusbourne shares crash more than 34% after wine maker considers London delisting
By City AM
Shares in the English winemaker plummeted by more than 34% this morning after it said it would consider delisting from London's junior stock market, AIM
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People on the move: key North East appointments and promotions
Appointments
Companies welcoming new starters this week include Clive Owen LLP, Avison Young, Bradley Hall, Bellway Homes, Insulcon Technical and YourFilm
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Lloyds Banking Group places thousands of jobs in tech division under review
By City AM
The FTSE 100 bank told some 6,000 tech and engineering staff on Wednesday that their jobs may be at risk of redundancy as it overhauls the structure of the business and creates new roles designed to accelerate technology development, City AM understands
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Ashmore stock rises as outflows continue but asset manager beats expectations
By City AM
The emerging markets specialist has been hit by more outflows, but this has been offset by a stronger-than-expected performance as its stock price rose 1.6 per cent.
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Legal & General shares soar as º£½ÇÊÓÆµ insurer sells US life business for £1.8bn
By City AM
Shares in Legal & General soared after the firm announced the sale of its US insurance business to Japanese firm Meiji Yasuda for £1.8bn
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JP Morgan Global Growth & Income trust set to acquire Janus Henderson's smaller fund
By City AM
The £3.1bn JP Morgan Global Growth & Income trust has launched a takeover of the £329m Henderson International Income trust, the two funds announced in a stock exchange notice today
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Cost-cutting pays dividends for TSB as bank reports record year
By City AM
TSB's pretax profit increased to £290.4m, 22 per cent higher than the year before and a record since the bank returned to the high street in 2013
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Law firm Hugh James reports best ever year for merger and acquisition deals
Deals
It advised on deals in 2024 with a combined value of nearly £650m
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Law firm expands with new city centre office
West Midlands
RLK Solicitors has added a base in Birmingham's Colmore Row to its team in Edgbaston district
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Interest rates cut – what does it mean for the North West?Â
Barclays
MPC voted for a quarter-point reduction to 4.5%
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Historic Leeds accountancy firm Thomas Coombs expands across Yorkshire
Legal
The 146-year-old firm is opening bases in Hull, York and Sheffield
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Banking giant Santander reports record profit, plans massive shareholder returns
By City AM
The banking giant reported a slight increase in its cost base—operating expenses expanded by two per cent for the year.
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Profit warnings rise in the North West as rising costs and global uncertainty combine with contract cancellations
North West
EY-Parthenon study shows industrial firms particulary affected
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HSBC stock price falls following Deutsche Bank downgrade and restructuring plans
By City AM
HSBC's stock price has fallen this morning after the FTSE 100 lender was downgraded to a Hold rating by analysts at Deutsche Bank
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Royal Mint says gold bullion sales at record high as investors flock to safe haven
By City AM
Gold bullion sales are soaring as investors seek to protect themselves against political and economic turmoil - and from capital gains tax too
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Bank of England set to cut interest rates as º£½ÇÊÓÆµ economy stumbles
By City AM
The Bank of England is expected to cut interest rates this week as the º£½ÇÊÓÆµ economy continues to struggle, although the bank is likely to signal a cautious approach to the outlook
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Law firm Hill Dickinson starts work on top floor office space at Gary Neville’s St Michael’s scheme
Offices
'Inspirational' office at flagship development will open later this year
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Newcastle's Ryder Architecture hails strong performance in challenging times
property news
Ryder is leading the design team on the regeneration of East Pilgrim Street, amongst many other projects around the globe
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Fresh investment for component manufacturer
West Midlands
Opus International Products has used new capital from HSBC º£½ÇÊÓÆµ to buy machinery for its warehouse in Leamington Spa
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Howden brings teams together into new Birmingham office
West Midlands
Global insurance intermediary group has consolidated its staff into a new base in Church Street
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FTSE 100 hits record high in 2025, boosted by global market trends and Smiths Group breakup
By City AM
London's main index has hit another all-time high this morning, with the index up five per cent since the start of 2025 - but it could all end today
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Professional Services
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Most Read
Most Recent
By City AM
London Stock Exchange is 'at rock bottom' and 'doesn't have long left', warn fund managers
A group of leading fund managers warned that sentiment towards the London Stock Exchange is at rock bottom following a meeting with a Downing Street special adviser.
HSBC and Standard Chartered shares surge as US-China trade war tensions cool
By City AM
HSBC and Standard Chartered surged as much as 7.7% and 3.9% respectively on Monday morning as trade tensions between the US and China appeared to ease
The 5 º£½ÇÊÓÆµ fintechs with the most customer complaints named - full list
By City AM
Revolut and Monzo customers proved to be the most disgruntled customers in the second half of last year, according to the Financial Ombudsman Service (FOS)
Deposits at Chetwood Bank surpass the £4bn mark
Banking & Finance
The bank is headquartered in Wrexham
Development Bank of Wales exit from Freight Logistics Solutions
Deals
The development had made a £2.2m equity investment in the logistics firm four years ago
By City AM
Moneybox appoints ex-Kayak finance chief in major signal it's heading for public listing
The savings and investment platform has appointed Melissa Birge as an independent non-executive director as it looks to bolster its boardroom ahead of a potential IPO.
HSBC and Standard Chartered shares surge as US-China trade war tensions cool
By City AM
HSBC and Standard Chartered surged as much as 7.7% and 3.9% respectively on Monday morning as trade tensions between the US and China appeared to ease
Deposits at Chetwood Bank surpass the £4bn mark
Banking & Finance
The bank is headquartered in Wrexham
London Stock Exchange is 'at rock bottom' and 'doesn't have long left', warn fund managers
By City AM
A group of leading fund managers warned that sentiment towards the London Stock Exchange is at rock bottom following a meeting with a Downing Street special adviser.
Development Bank of Wales exit from Freight Logistics Solutions
Deals
The development had made a £2.2m equity investment in the logistics firm four years ago
Most Read
Most Recent
By City AM
Trump's new pharma policy sends GSK and AstraZeneca shares tumbling
The President announced the new plans in his latest Truth Social tirade
London Stock Exchange is 'at rock bottom' and 'doesn't have long left', warn fund managers
By City AM
A group of leading fund managers warned that sentiment towards the London Stock Exchange is at rock bottom following a meeting with a Downing Street special adviser.
Large building supplies depot shuts with potential job losses
Employment
The Plymouth branch of RGB Building Supplies has ceased trading
Multimillion-pound job creating expansion set for County Durham food producer Moguntia
Food and Drink
The family group celebrates its 122th anniversary this month and is confident its products have reached the majority of º£½ÇÊÓÆµ households
Government leads £1bn investment into 1,000-job factory in Sunderland
Automotive
Recruitment is to start next week on a 1,000-job expansion of the AESC battery plant in Sunderland after a Government-led investment of £1bn
By City AM
Moneybox appoints ex-Kayak finance chief in major signal it's heading for public listing
The savings and investment platform has appointed Melissa Birge as an independent non-executive director as it looks to bolster its boardroom ahead of a potential IPO.
Newcastle cocktail bar and recruitment firm get Northern Powerhouse funding
Deals
Companies including Canny Folk, JH Partners, GrowthProvision and The Training MarketPlace are among businesses to have benefitted
14 'smart hubs' to be installed in Newquay despite concerns
Business Improvement District
The town's business improvement district has welcomed the plans but some residents aren't happy
HSBC and Standard Chartered shares surge as US-China trade war tensions cool
By City AM
HSBC and Standard Chartered surged as much as 7.7% and 3.9% respectively on Monday morning as trade tensions between the US and China appeared to ease
Plans for 950-home neighbourhood near Bristol with public green space
Housing
The majority of the site in Warmley would be transformed into accessible open space, developers said