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Professional Services
Barclays CEO urges Rachel Reeves to reconsider bank tax hike amidst economic growth concerns
By City AM
Barclays boss CS Venkatakrishnan has warned against a bank tax hike as the Chancellor looks to maintain her fiscal headroom
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Development Bank of Wales reveals two new board members
Deals
Leading º£½ÇÊÓƵ finance specialists Annie Ropar and Paul Oldham have been appointed to the board of the Development Bank of Wales.
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Profits up at law firm after 'record-breaking' year of growth
Law
The company opened a new office in Exeter last year to meet demand for its services
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Employee-owned law firm to move to new Somerset office and open base in Bournemouth
Law
Stephens Scown was named among the Sunday Times' best places to work in 2025
Bookmark
Ward Hadaway completes merger of Teesside law firm The Endeavour Partnership LLP
Deals
The two firms have a combined headcount of almost 600 employees
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Swansea accountancy firm expands with first of planned series of acquisitions
Deals
Unity Accountancy has acquired Llanelli-based Quotanet
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What is the average house price in Wales
Housing
New quarterly figures from the Principality Building Society shows the average house price in Wales is up on a year earlier but down on the Q1
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Opinion: How devolution can help the North's professional services sector – and beyond
Professional Services
Robert White, CEO of independent law firm Brabners and co-chair of the True North Network, on renewed backing for the North’s professional services industries and the launch of Greater Manchester's Local Industrial Strategy
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People on the move: key North East appointments and promotions
Appointments
Companies announcing new appointments this week include Jacksons, RMT Healthcare, CyberNorth, OnPath Energy and RWO
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NatWest upgrades guidance and announces £750m share buyback
By City AM
The bank has announced a 9.5p interim dividend and a £750m share buyback following "a strong H1 2025 performance" in first results since the bank returned to full private ownership.
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Atom Bank founder Anthony Thomson announces plans to launch his fourth bank
Finance
The entrepreneur's latest challenge is a bank aimed at family offices and ultra high net worth individuals
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Newcastle law firm Winn Group sees revenues climb to £196m
Company Results
CEO Chris Birkett says the group is now plans to boost future growth by developing a wider portfolio of products and services
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Lloyds Bank reports strong growth in first half of year as º£½ÇÊÓƵ economic conditions improve
By City AM
The FTSE 100-listed bank saw a 4 per cent year-on-year increase in statutory profit after tax to £2.5bn, with underlying profit of £3.6bn
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Natwest inks five-year cloud and AI deal with AWS and Accenture
By City AM
The bank has not disclosed the cost of the programme, but said the aim is to make its 20m customer relationships more responsive and data-driven.
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Business lender Shawbrook plots £2bn London IPO in vote of confidence for market
By City AM
Shawbrook, which is controlled by private equity firms BC Partners and Pollen Street Capital, is targeting a valuation of up to £2bn
Bookmark
North East economy gets £200m from British Business Bank funding in one year
Finance
It has supported 800 businesses across the region, with funding from the Bank expected to generate £400m in additional turnover
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Natwest and Lloyds set to reveal earnings: What to expect amidst economic shifts
By City AM
Lloyds and Natwest will kick off earnings on July 24 and July 25 followed by peers Barclays, HSBC and Standard Chartered the following week
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Fieldfisher latest to find home in Paradise
West Midlands
Law firm has agreed a deal to take office space on Birmingham city centre estate
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Robert Walters' income drops amid increasing economic uncertainty
Professional Services
The group recorded a 13 per cent slump in net fee income to £72.7m as "macroeconomic uncertainty became more pronounced"
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Lloyds Bank-owned Lex Autolease slumps into the red after making more than £500m profit two years ago
Professional Services
Lex Autolease reported poor conditions in the second hand car market
Bookmark
Starling Bank considers US listing in blow to Rachel Reeves' fintech plans
By City AM
The company's finance chief has said the firm is open to a listing on the US stock market
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Law firm Hugh James marks 65 years in business as it looks to further expansion
Legal
The firm which now employs 700 across the º£½ÇÊÓƵ Hugh James was founded in 1960.
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Ultimate Finance reports 'record' first half and moves into larger offices
Finance
The asset-based lender is seeing an increase in demand for its services
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Bank of England rate cut 'almost certain' after poor economic growth
By City AM
The Bank of England is "almost certain" to cut interest rates next month after the economy slumped for a second month in a row, according to economists.
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