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Inicio AI secures 拢2.6m funding round
West Midlands
Company is planning to use fresh injection of capital to expand product range and make new hires
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De La Rue shares skyrocket 17% after it agrees to 拢263m takeover deal
By City AM
The board of De La Rue has agreed to a 130p a share offer from US private equity giant Atlas Holdings, sending the banknote printer's share price up 17 per cent
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S&U shares drop as annual profits dented by motor finance scandal
By City AM
S&U saw pre-tax profit for the financial year ending January 31 2025 fall to 拢24m, compared to 拢33.6m in the previous period.
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Lenders failing bereaved customers as FCA says they are 'unclear' on policy
By City AM
The Financial Conduct Authority has said lenders are failing bereaved customers as they are unsure about policy, with a multi-firm review finding that firms are unable to meet their own standards
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US dollar on the longest losing streak since 2015 as de-dollarisation fears grow
By City AM
The US dollar has fallen for a fifth straight day as markets continue to reassess the currency's position in the global economy
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Accountancy firm launches new base in Birmingham
West Midlands
HB&O can trace its roots back to 1924 but this is the first time it has ever had a presence in the city
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Opinion: Businesses should rethink recruitment and invest in skills the North West needs
North West
Chris Stott, Manchester office senior partner at KPMG 海角视频, looks at the latest North West recruitment figures
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People on the move: key North East appointments and promotions
Appointments
Companies featuring in this week's round-up include Robson Laidler Accountants, Swinburne Maddison, RG, Square One Law and Burnetts Solicitors
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Investors pile into gold as Trump's tariff turmoil continues
By City AM
The price of gold has climbed to another record high, as anxiety around Donald Trump's tariff plan and a falling dollar push investors into the traditional safe haven asset
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Principality Building Society makes long-term commitment to high street presence
Finance
It said has made an commitment to at least the end of 2030
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Manufacturers and female founders flock to Northern Powerhouse fund as it prepares for its anniversary
Finance
Robot submarine firm among those backed by Northern Powerhouse Investment Fund II
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Newcastle Financial Advisers snaps up County Durham company as owners retire
Deals
Orchard founders Graeme and Michele Leigh are now retiring after launching the business 27 years ago
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Nikhil Rathi secures another five-year term as FCA chief amidst 海角视频 regulatory overhaul
By City AM
Nikhil Rathi has been reappointed by the Chancellor to serve another five years as the boss of the FCA, the 海角视频's largest financial watchdog
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City analysts downgrade luxury stocks as impact of Trump tariffs filter through
By City AM
Deutsche Bank has downgraded the share price for luxury companies Richemont, LVMH, Moncler and Kering, as the impact of Trump's tariffs starts to filter through
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Former Bank of England policymaker says 'hold' rates at 4.5 per cent in May
By City AM
Jonathan Haskel, a former member of the Bank of England's Monetary Policy Committee, has said rates should be kept on hold - despite deflationary effects from Donald Trump's tariffs
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Barclays shares explode higher as FTSE 100 rebounds after Trump roll back
By City AM
Barclays shares have rocketed in early trading after the 海角视频 bank was battered by the escalating US-China trade war last week. The FTSE 100 firm was the biggest riser on the blue-chip index
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Funding deal for Entrepreneurs Circle
West Midlands
Company has launched a new training facility in Solihull and aims to create 12 jobs over the coming months
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Banks face turmoil as HSBC and Barclays shares plummet amid escalating global trade war
By City AM
HSBC, Barclays, Standard Chartered, Lloyds and Natwest shares are all down today as the global trade war kicks off
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North West's hybrid working firms want staff to spend more time in the office
Grant Thornton
Grant Thornton to study finds hybrid working boosts productivity and wellbeing
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Saga reports surge in profits as demand for cruises among over-50s soars
By City AM
The company told markets this morning that underlying profit before tax for the year ended January 31 was 拢47.8m, up 25 per cent year on year.
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HMRC sees 海角视频 firms overpaying billions in corporation tax as complex system hits businesses
By City AM
The complex 海角视频 tax system is causing problems for businesses, with hundreds of thousands of firms having overpaid corporation tax in the last tax year
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The latest acquisitions and equity investments in Wales
Deals
Companies featured include Burbank, 10six Games and Cellar Drinks
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Hoxton Wealth launches new Birmingham team
West Midlands
Global wealth management firm says it plans to grow the operation in the city to 20 staff by the end of this year
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Barclays shares bounce back after bruising spell as FTSE 100 recovers from chaotic week
By City AM
The FTSE 100 lender was among top banks, including HSBC and Standard Chartered, which led the blue-chip index's top fallers as markets sunk.
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DealsDevelopment Bank of Wales exit from Freight Logistics SolutionsThe development had made a 拢2.2m equity investment in the logistics firm four years ago
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
DealsDevelopment Bank of Wales exit from Freight Logistics SolutionsThe development had made a 拢2.2m equity investment in the logistics firm four years ago
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)
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
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
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
Food and DrinkMultimillion-pound job creating expansion set for County Durham food producer MoguntiaThe family group celebrates its 122th anniversary this month and is confident its products have reached the majority of 海角视频 households
SpanSet 海角视频 outlines its commitment to protecting the 海角视频鈥檚 workforce during No Falls Week 2025
海角视频
The Cheshire-based company, which provides solutions for safe working at height, offers a range of equipment and related services, including training, inspection, consultancy, and equipment supply
Boss of restaurant chain Steak of the Art on future of Bristol site
Restaurants
Steve Bowen spoke exclusively to Business Live about fighting to keep his Bristol restaurant open for business
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
Large building supplies depot shuts with potential job losses
Employment
The Plymouth branch of RGB Building Supplies has ceased trading
North WestCheshire Lines and Shorelines site in Birkenhead hits market with 拢5m price tagThe Cheshire Lines and Shorelines site and buildings on Canning Street in Birkenhead, which were built as rail storage sheds in 1884, are being marketed by Smith and Sons and Worthington Owen
Interactive Investor to base Leeds team at Aire Park
property news
The firm's 300-strong workforce will be based out of 3 South Brook Street
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
Soho House Manchester opening date confirmed
North West
Opening has since been hit by numerous delays but bosses 'excited' to move forward
How is artificial intelligence reshaping the world of business
Technology
Larger firms are significantly ahead of their smaller counterparts not only in adopting AI but in scaling it across their organisations.