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Professional Services

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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People on the move: key North East appointments and promotions
Appointments
Companies welcoming new arrivals include Sunderland’s Business Improvement Districts, DPP Planning, RMT Accountants & Business Advisors, Womble Bond Dickinson and Reward Funding
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Opinion: The rise of a resilient sector – why food and drink in the North West has reason to be upbeat
North West
Graham Ellis, partner at BDO LLP and head of manufacturing in the region, on how a key sector with a proud history is readying itself for the future
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Swansea Building Society strike new rugby sponsorship deal
Swansea Bay City Region
It has renewed its tie up with Swansea RFC for another season
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Standard Chartered shares rally after US government rejects whistleblower claims
By City AM
The US government has rejected whistleblower claims against Standard Chartered that had drawn the attention of president Donald Trump
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Monzo leads with competitive rates for young savers as º£½ÇÊÓƵ banks vie for Gen Alpha market
By City AM
Monzo has made a major play to secure the next generation of savers as banking giants look to secure a grip on the Gen Alpha market.
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Rachel Reeves HMRC shake-up will see agency ramp up pension tax relief scrutiny
By City AM
HMRC will be 'lowering the threshold' from 1 September for requiring evidence to support pension tax relief requests
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º£½ÇÊÓƵ banks close thousands of branches as customers go digital
By City AM
Banks in the º£½ÇÊÓƵ have been closing many of their branches, as customers are choosing to bank on their smartphones instead of in person
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Law firm Leonard Curtis welcomes new investors after selling majority stake
Deals
The deal marks an exit for SVELLA Plc and Arete Capital Partners who invested in 2021
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Blackrock advocates for increased hedge fund investments amid market volatility
By City AM
The global asset manager argued that hedge funds have the ability to withstand the increased volatility affecting the market, granting greater opportunities for institutional investors
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Legal firm Knights to open its first office in Wales
Legal
It comes as it has acquired Cardiff-based law firm Le Gros Solicitors
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Atom Bank set to move into Newcastle city centre head office within weeks
property news
The news comes as the bank publishes annual results in which deposits topped £7.5bn up from £5.7bn
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Moneybox's 2024 profits soar as billions flood into the fintech firm
By City AM
The investment platform's net inflows more than trebled to £5.8bn, from £1.7bn the year prior – a jump of over 241 per cent.
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Rachel Reeves plans to slash tax-free pensions lump sum in clampdown
By City AM
Chancellor believes º£½ÇÊÓƵ economy is worth 50bn less than previously thought
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Development Bank of Wales with added firepower to help firms decarbonise
Deals
Its Green Business Loan Scheme funding has been increased by the Welsh Government to £20m
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Starling Bank acquires º£½ÇÊÓƵ fintech Ember to enhance small business services
Banking & Finance
The London-based firm said as part of the takeover, Ember's tax and bookkeeping software will be built into Starling's app and online bank.
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New office launch for accountancy group
West Midlands
Crowe has struck a deal for more than 4,000 sq ft of space in Birmingham's main business district
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People are missing out on £37,000 because they're too scared to invest in stocks
By City AM
The Moneybox financial confidence index found that savers are becoming increasingly risk-averse, with just 11 per cent of individuals opting to transfer their money from savings to active investments.
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Close Brothers shares downgraded despite Supreme Court victory in motor finance case
By City AM
The FTSE 250-listed bank's stock rating was lowered to 'Sector Perform', down from previous 'Outperform' expectations
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