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Professional Services

Latus Group snaps up West Yorkshire occupational health business Peritus
Deals
Headquartered in Hull, Latus works with more than 4,000 clients across the 海角视频 & Ireland, including Dyson, Ford, Breedon and NHS
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Aviva's 拢3.7 billion acquisition of Direct Line gets green light from 海角视频 watchdog
By City AM
The 拢3.7bn takeover will not be subject to a phase-two investigation, the Competition and Markets Authority (CMA) said on Tuesday, after a preliminary probe to assess whether a combination between the two would reduce competition in the 海角视频 insurance market.
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Standard Chartered hit with $2.7bn lawsuit over '1MDB fraud'
By City AM
Standard Chartered has been hit with a $2.7bn lawsuit over accusations it helped move and hide billions that were stolen from Malaysia's 1MDB fund
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Talbots Law expands north with latest acquisition
West Midlands
Growing West Midlands practice has acquired Tinsdills Solicitors giving it a foothold in Cheshire and North Staffordshire
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Fairstone Group founder Lee Hartley to step down from chief executive role
Professional Services
The new CEO for the group will take up the position later in the year
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Leeds Building Society changes mortgage rules to help people borrow more
Professional Services
The mutual said the measures will benefit borrowers buying their first house, moving up the property ladder, or remortgaging their existing home
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Law firm secures investment from LDC
West Midlands
Birmingham-based Harper James is planning to grow via acquisitions with new backing
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Newcastle KPMG partner and office hit with major sanctions after watchdog investigation
Finance
The FRC said the breaches were "not dishonest, intentional or reckless" but contravened key ethical standards
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Cavendish shares jump to eye year high after rejecting deals unit takeover
By City AM
The financial services firm said there had been no further discussions on the matter
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Number of equity deals in Wales rose in 2024 but declined on total values
Deals
The British Business Bank has published its latest annual Small Business Equity Tracker
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Saga's share price surges after announcing banking partnership with Natwest
By City AM
Saga said it was in the "final stages" of talks with Natwest, with whom it already has a partnership with, after agreeing the "heads of terms" of the tie-up
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Zopa challenges high street banks with new account offering 拢256 cashback and interest
By City AM
The digital banking app has launched "Biscuit," which will allow customers to earn 拢256 in cashback and interest each year
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HSBC's return-to-office plans could derail boss' cost-cutting agenda
By City AM
HSBC is reportedly weighing up a return-to-office mandate for its workers, forcing them back into the office for at least three days a week, but the move could prove costly
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Revolut boss could net multibillion-dollar payout at $150bn valuation
By City AM
Nik Storonsky, who founded Revolut in 2015, has an incentive deal which would increase his stake in the London-based fintech by several percentage points if the valuation more than triples its current level.
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People on the move: key North East appointments and promotions
Appointments
Companies featuring in this week's round-up include Kinewell Energy, Shared Interest Society, CarMoney, Johnston Carmichael and Hodgson Sayers
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150 deals for South West Investment Fund as聽medical tech firm and social enterprise celebrate funding success聽
Professional Services
British Business Bank says it has driven 拢66m of investment in the region
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Recruiter hit with cyber attack warns other small firms of digital dangers
Technology
The managing director of Westwray Recruitment has offered a candid account of a
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Challenger banks on alert for industry exit as giants circle Metro and TSB
By City AM
The City is abuzz with banking deal speculation as challenger banks are set to exit the industry, according to analysts at Moody's
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海角视频 government borrowing surges to 拢17.7bn in May to fund Labour's spending splurge
By City AM
The latest public sector finance figures have shown a surge in borrowing to 拢17.7bn in May, the second-highest borrowing figure for the month since records began 30 years ago
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Legal firm Geldards eyeing expansion on new funding deal with HSBC
Legal
It has concluded a seven-figure refinancing package
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Natwest rules out taking over TSB after Spanish owner puts bank up for sale
By City AM
Natwest had been tipped as the "most likely acquirer" of TSB, which is set to be sold by its Spanish owners, but the bank has now ruled out a takeover bid for the high street lender
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KKR wins takeover battle for Assura as rival deal falls through
By City AM
US private equity giant KKR's 拢1.7bn takeover of the London-listed healthcare property giant has been given the green light by the EU
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New fund launched to back North of England universities' spinouts
SMEs
The Northern Universities Venture Fund will get preferred access to opportunities for high net worth investors
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How much has been deployed from the 拢130m Investment Fund for Wales
Deals
The fund from the British Business Bank was launched 18 months ago
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