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Professional Services

The Beauty Tech Group owner plans London Stock Exchange listing as it bids to boost global growth
North West
Cheshire group's brands include CurrentBody Skin and ZIIP Beauty
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Dains continues expansion drive with latest deal
West Midlands
Birmingham-based accountancy group has acquired TBAT Innovation
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London Stock Exchange chief urges º£½ÇÊÓƵ to fix 'underinvestment' for growth
By City AM
'We have underinvested ourselves as a nation'
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Bank of England 'under pressure' to rethink bond sales after this week's market rout
By City AM
The Bank of England should slow its quantitative tightening programme and stop active sales of long-dated bonds entirely in the wake of this week's bond rout that saw the cost of long-term borrowing soar to its highest level this century, a group of top economists has said.
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Revolut boosts partnership with Google Cloud, targeting massive expansion and enhanced AI capabilities
By City AM
The fintech giant, which currently serves over 60 million users globally, will leverage Google's infrastructure to improve back-end operations, fraud detection, and personalised customer experiences.
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Lloyds Bank to review performance of 60,000 staff as 3,000 jobs at risk
By City AM
Lloyds is set to review its approach to performance management with the bottom 3,000 of the firm's 63,000 employees at risk of losing their role
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London's gold market set for major shake-up as digital bullion to be trialled
By City AM
The World Gold Council is set to launch a digital form of the precious metal, in a move that would transform the capital's $900bn (£672bn) market
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Lloyds appoints new South West group ambassador
Appointments
He will work closely with local policymakers, businesses and community networks to drive growth
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Zopa Bank takes over Rvvup as digital bank expands payments grip
By City AM
Zopa Bank has doubled its pre-tax profit in the 2024 financial year to 34.2 million
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Revolut boss in line for a major payout as fintech giant sees valuation swell
By City AM
Revolut is kicking off a secondary share sale valuing the firm at $75bn, allowing employees to sell up to 20 per cent of their stake
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Pension fund invests £20m in 440-home scheme in Old Trafford
North West
The 440-home scheme by developer Glenbrook and main contractor Domis Construction will be called Podium in Lumina Village
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DJH buys Haines Watts offices in Merseyside and Cheshire
Deals
Private equity-backed DJH says existing leadership will stay in place
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North West businesses ‘beating their growth targets for 2025’ – but becoming less confident in the º£½ÇÊÓƵ’s future
North West
BDO Economic Engine research shows mid-sized firms are investing in their products and services
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Weightmans expands Midlands footprint with new office launch
Law
North West law firm has opened a new base in Nottingham - its third in the region
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Sweaty Betty cuts jobs in overhaul as it posts 1.5m profit
By City AM
º£½ÇÊÓƵ activewear retailer posts profit for the first time since 2021
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Wise explores º£½ÇÊÓƵ banking licence after abandoning London stock market listing
By City AM
The company has reached out to financial services heavyweights in the last two months regarding roles related to starting a banking business in the º£½ÇÊÓƵ, according to The Times.
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Weightmans hails record profits amid private wealth work
Law
Ahead of accounts to be published later this year, the firm says it has sustained growth for the fourth consecutive year
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Funding deal for software firm Nimbus
West Midlands
Loan will be used to develop its mapping technology and hire five new staff
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Men still dominate high-paying law jobs as women face challenges in sector
By City AM
Men made up 80 per cent of partners hired into corporate and finance practices in the years 2019 to 2024
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Rachel Reeves urged to 'copy Margaret Thatcher' with bank tax
By City AM
A 2.5 per cent tax on banks with assets of more than £100bn could raise £8bn for the Treasury
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Turner & Townsend moves to new Birmingham home
West Midlands
Professional services consultancy has grown team fourfold over past decade
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Principality expands access to cash reach in partnership with OneBanX
Finance
Principality expands access to cash reach in partnership with OneBanX
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£100m NatWest funding deal for housing provider
West Midlands
Midland Heart has secured fresh injection of capital which it will use to upgrade stock and building new homes
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Thousands of pensioners claim back more than 10k after being overcharged
By City AM
It comes as HMRC has vowed to overhaul the way it collects tax on pension withdrawals from April this year
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