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Professional Services
Law firm Hugh James reports best ever year for merger and acquisition deals
Deals
It advised on deals in 2024 with a combined value of nearly £650m
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Law firm expands with new city centre office
West Midlands
RLK Solicitors has added a base in Birmingham's Colmore Row to its team in Edgbaston district
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Interest rates cut – what does it mean for the North West?Â
Barclays
MPC voted for a quarter-point reduction to 4.5%
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Historic Leeds accountancy firm Thomas Coombs expands across Yorkshire
Legal
The 146-year-old firm is opening bases in Hull, York and Sheffield
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Banking giant Santander reports record profit, plans massive shareholder returns
By City AM
The banking giant reported a slight increase in its cost base—operating expenses expanded by two per cent for the year.
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Profit warnings rise in the North West as rising costs and global uncertainty combine with contract cancellations
North West
EY-Parthenon study shows industrial firms particulary affected
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HSBC stock price falls following Deutsche Bank downgrade and restructuring plans
By City AM
HSBC's stock price has fallen this morning after the FTSE 100 lender was downgraded to a Hold rating by analysts at Deutsche Bank
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Royal Mint says gold bullion sales at record high as investors flock to safe haven
By City AM
Gold bullion sales are soaring as investors seek to protect themselves against political and economic turmoil - and from capital gains tax too
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Bank of England set to cut interest rates as º£½ÇÊÓÆµ economy stumbles
By City AM
The Bank of England is expected to cut interest rates this week as the º£½ÇÊÓÆµ economy continues to struggle, although the bank is likely to signal a cautious approach to the outlook
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Law firm Hill Dickinson starts work on top floor office space at Gary Neville’s St Michael’s scheme
Offices
'Inspirational' office at flagship development will open later this year
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Newcastle's Ryder Architecture hails strong performance in challenging times
property news
Ryder is leading the design team on the regeneration of East Pilgrim Street, amongst many other projects around the globe
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Fresh investment for component manufacturer
West Midlands
Opus International Products has used new capital from HSBC º£½ÇÊÓÆµ to buy machinery for its warehouse in Leamington Spa
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Howden brings teams together into new Birmingham office
West Midlands
Global insurance intermediary group has consolidated its staff into a new base in Church Street
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FTSE 100 hits record high in 2025, boosted by global market trends and Smiths Group breakup
By City AM
London's main index has hit another all-time high this morning, with the index up five per cent since the start of 2025 - but it could all end today
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People on the move: key North East appointments and promotions
Appointments
Companies featuring in this week's round-up include Muckle LLP, youngsRPS, Groundwork NE & Cumbria, Muller Stoker, Julius Baer International and Beyond Housing
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Barclays latest firm to tighten office attendance rules with three-day minimum
By City AM
The British-headquartered lender unveiled a more stringent approach to hybrid working in a memo to staff earlier this week, which cut the minimum number of days staff can work from home from three down to two.
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Chrysalis stock surges as Klarna and Starling Bank valuations boost portfolio
By City AM
The private equity trust said its underlying assets rose 11 per cent to 156p per share in the last quarter of 2024, thanks to a valuation upgrade for its holding in Swedish buy now, pay later firm Klarna
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Saga anticipates higher profits and strong travel growth, plans to refinance £325m debt
By City AM
Saga said it expects its financial performance for the half-year to be 'marginally ahead' of the same period a year ago, with its travel arm performing particularly well
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West Midlands Lloyds and Halifax branches to close
West Midlands
Banking giant announces latest round of closures which will affect customers and staff across the region
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Birmingham haircare businesses win Channel 4 and Lloyds competition
West Midlands
Flora & Curl and Nylah's Naturals are among four winners of the Black in Business initiative
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AJ Bell's trading update reveals boom in new customers and assets
By City AM
The trading platform's assets under administration jumped 17 per cent throughout last year, and three per cent in the last quarter, it said in a trading update today
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HSBC to shut º£½ÇÊÓÆµ investment banking arm as part of major global restructuring
By City AM
HSBC is set to wind down parts of its investment banking operations across the º£½ÇÊÓÆµ, Europe and North America as part of a sweeping global restructuring plan
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Bank of England to cut rates five times in 2025, says Morgan Stanley
By City AM
The US investment bank slashed its growth forecasts on Monday, citing both the lingering impact of the Bank’s monetary tightening and the fallout from the Budget.
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º£½ÇÊÓÆµ dividends dip as mining sector cuts payouts, despite overall growth in 2024
By City AM
º£½ÇÊÓÆµ dividends fell on an underlying basis in 2024 after miners slashed payouts by 40 per cent compared to the previous year, according to data from Computershare's Dividend Monitor report.
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