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Professional Services

BCRS Business Loans lending to small firms in Wales surpasses the 拢1m mark
Deals
The firm is managing the small loans element of the British Business Bank's 拢130m Investment Fund for Wales which launched last year
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Saga teams up with Ageas in new deal that will last 20 years
By City AM
Under the terms of the deal, Saga will receive 拢80m subject to the publication of its interim accounts for the six-month period ended 31 July 2025, without "material uncertainty or an auditor qualification"
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Bank of England's crucial interest rate decision this week - what it means for you
By City AM
The Bank of England is expected to keep interest rates on hold at its next meeting on Thursday after two cuts earlier this year. Here's what it means for you
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Johnson Matthey's largest shareholder calls for 'strategic review' amid 55% stock slump
By City AM
New York-based Standard Investments has called for a strategic review into Johnson Matthey
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Liverpool insurer Butterworth Spengler moves into North Wales with deal for Anchor Insurance Services
Finance
Anchor works with holiday parks along the North Wales coast
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Lloyd's of London insurer Canopius plans to list on 海角视频 stock market next year
By City AM
The private equity owners of Canopius plan to list the Lloyd's of London insurer on the 海角视频 stock market next year, City AM has learned.
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People on the move: key North East appointments and promotions
Appointments
Companies featured in this week's round-up include Squidgy, Parklane Plowden Chambers, Moja,Northern Housing Consortium, Team RH and NEL
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Mastercard and Visa fees set to be capped after shoppers hit with huge hikes
By City AM
The Payment Systems Regulator is concerned about charges set by Visa and Mastercard on online transactions between the 海角视频 and European Economic Area
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Crowdcube turnover halves as it continues to lose money
By City AM
Crowdcube has reported a turnover of 拢7.5million for 2023, according to newly-filed accounts with Companies House
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100th banking hub opens to help protect communities' access to cash
Post Office
Chancellor Rachel Reeves and Economic Secretary Tulip Siddiq will open the hub in Darwen, Lancashire
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London Stock Exchange owner sells off stake in Euroclear for 拢455m
By City AM
The London Stock Exchange Group (LSEG) said on Thursday that it completed the divestment of its 4.92% holding in the Belgium-based firm
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Lycetts snaps up fellow Newcastle firm Cheviot Insurance Services
Deals
Lycetts said the move bolsters its commitment to delivering exceptional client service to the North East commercial sector
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HSBC plans mega $3bn cost savings push under new chief
By City AM
The revamp is expected to be completed by next June and will see the lender reorganise into four new divisions and split its businesses into Eastern and Western geographical camps
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Private healthcare platform secures 拢402,000 in new funding
West Midlands
Birmingham-based Get Well Soon is aiming to help people compare the cost of elective surgery procedures
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Durham water retailer Wave sees profits and sales jump on back of contract wins
Company Results
Pre-tax profit rocketed from 拢229,000 to 拢7.05m in the year
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拢2m grant awarded to Botanical Gardens revamp
West Midlands
Julia Rausing Trust has included Birmingham tourist attraction and event destination in new round of funding
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Former HSBC banker Nuno Matos to lead Australian lender ANZ
By City AM
ANZ has appointed former HSBC banker Nuno Matos as its next chief executive, after he missed out on the top job at the London-based lender earlier this year
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LendInvest moves closer to break-even as it eyes boost from government housebuilding plans
By City AM
The London-listed firm reported a pre-tax loss of 拢1.7m for the six months to 30 September, 2024, compared to a 拢15.7m loss during the same period last year
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Howden insurance boss hopes to keep growing in Greater Manchester as he hails region's 'energy and excitement'
North West
Howden bought Manchester insurer Reich last year
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People on the move: key North East appointments and promotions
Appointments
Companies announcing new roles this week include Richard Reed Solicitors, Irwin Mitchell, Azets, Muckle LLP, Who's Listening and Mediaworks
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Revolut adds former Lord Mayor and KPMG veteran to 海角视频 board ahead of bank launch
By City AM
The digital bank has added two senior figures from the world of finance to its 海角视频 board as it works towards securing a full banking licence in its home market
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Aviva set for Direct Line takeover after sweetened 275p-per-share bid
By City AM
The terms of the deal mark a 73 per cent premium on Direct Line's undisturbed share price before Aviva first announced it was considering a takeover bid last month
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Bank of London replaces chair as it continues to recover from setbacks
By City AM
The Bank of London has appointed four new directors to its 海角视频 bank board and replaced its chair as the troubled fintech 'unicorn' looks to recover from a string of setbacks
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Law firm to move Solihull team
West Midlands
Davisons Law says larger new home will enable it to accommodate recruitment plans
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