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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.
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Development Bank of Wales exit from Freight Logistics Solutions
Deals
The development had made a 拢2.2m equity investment in the logistics firm four years ago
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The 5 海角视频 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)
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Law firm Tilly, Bailey & Irvine expands into Sunderland with acquisition of 15-strong practice
Deals
The move adds to Tilly, Bailey & Irvine's bases in Stockton, Wynyard and Barnard Castle
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Lloyd's of London appoints new CEO as John Neal successor named
By City AM
Patrick Tiernan has been appointed as the new CEO of Lloyd's of London, with current chief John Neal set to step down at the end of May
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London-based Metro Bank sees share price lift following positive Q1 financial update
By City AM
Metro Bank said profits had increased significantly in the first quarter of 2025 as the embattled lender's turnaround gathers pace
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Law firm appoints joint office heads
West Midlands
Shakespeare Martineau's 575-strong team in Birmingham will be led by a brace of partners
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Palatine backs AI and data consultancy Atombit as it makes three acquisitions
Technology
Private equity firm vows to help new partner build 'world-class platform for growth'
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HSBC, Natwest and Lloyds bosses called in for crunch meeting over small business lending
By City AM
The government is to hold a meeting with some of the 海角视频's biggest banks to discuss the findings of the Small Business Access to Finance Review before it closes on May 8
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NatWest analysts say bank will outperform sector thanks to bumper year
By City AM
Analysts at RBC Capital Markets said the lender will 'outperform the sector' after it beat expectations in its first-quarter report
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Wiltshire agriculture consultancy acquired by major South West business
Deals
The company will continue to operate from its Compton Bassett base following the takeover
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Half of all 海角视频 profit warnings in April blamed on Donald Trump's trade war
Finance
The latest profit warning report from EY-Parthenon lay bare the impact of tariff increases and the escalating trade battle with China
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Lost Gardens of Heligan and Triodos Bank among King's Awards for Enterprise 2025 South West winners
South West
A total of 17 companies from across the region received awards this year
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Warren Buffett to step down from Berkshire Hathaway, recommends Greg Abel as successor
Finance
The famed American investor said he will recommend to the company's board that Greg Abel, chair of Berkshire Hathaway Energy, should take over at the end of the year
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Acuity Law acted on 拢60m of deals in the dental sector in Q1 of this year
Consultancies
The corporate healthcare team at Acuity Law completed deals in the dental sector with a combined value of around 拢60m in the first quarter of this year.
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People on the move: key North East appointments and promotions
Appointments
Companies announcing new roles this week include EMG Solicitors, Nixon Hire, Karbon Group, Mincoffs and Develop North Plc
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FTSE 100 set for longest-ever winning streak as it recovers from April's trade war chaos
By City AM
The 海角视频's flagship index is on course to extend its winning streak, having climbed in 14 straight trading sessions - a record if it closes in the green today
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Natwest's profit surge amid stamp duty changes and market volatility boosts shares
By City AM
The FTSE 100 bank booked a 拢1.8bn pre-tax profit, surpassing the 拢1.6bn pencilled in by analysts and shares in the lender rose over three per cent during early trading
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Standard Chartered sees profit surge amid market volatility
By City AM
Standard Chartered shares edged up after the firm smashed profit expectations in the first quarter, but warned of the upcoming impact of geopolitical tensions
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Ryder Architecture becomes Employee Ownership Trust to secure practice future
People
A new small board of trustees has been set up to represent the 350 employees across the group
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Lloyds Banking Group faces profit dip amid rising costs and Trump's tariff policies
By City AM
Lloyds has reported a seven per cent drop in profit as the bank's operating costs surged in the first three months of the year, adding that it has set aside more provisions for bad loans after a tariff tumult
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True Potential makes 拢100m compensation available for clients negatively impacted by transfers
Finance
Steve Hutton, chief executive officer of True Potential Wealth Management, said the business had not always given clients adequate information about the transfer of their investments
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Barclays boss breaks with Lloyds, Natwest and HSBC on major 海角视频 banking regulation
By City AM
Barclays chief executive CS Venkatakrishnan has broken with his FTSE 100 peers to call for the 海角视频's ring-fencing regulation to remain in place, arguing the benefits of protection outweigh the costs of implementing and administering the system
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Santander 海角视频's provisions surge as backlash against bank's branch closures rises
By City AM
Santander 海角视频's provisions for liabilities and charges rose 69 per cent to 拢140m in the first quarter of the year, as the bank prepares to close 95 branches in June
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