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Professional Services

Investment in financial advice firm Fidelius approved by FCA
Finance
The deal with Sweden's Söderberg & Partners was first announced in January
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The latest equity and acquisition deals in Welsh business
Wales
Companies featured include Clinithink, Veezu, Nutrivend, IQ Endoscopes and Moneypenny
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What Manchester’s fintech scene needs to help it grow - from pension fund backing to better transport
Chamber of Commerce
City of London Corporation's policy chairman visits Greater Manchester to promote its financial and services sector
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Bristol accountancy firms complete 'milestone' merger
Bristol
The businesses have worked together for the past 20 years
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Northumberland law firm Nicholson Portnell Solicitors acquired by Cartmell Shepherd
Deals
The Hexham business has merged with the Cartmell Shepherd Solicitors to strengthen their combined services
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Greater Manchester mayoral candidates urged to 'unleash' potential of financial services sector by TheCityº£½ÇÊÓƵ manifesto
North West
Politicans urged to continue working closely with industry that employs some 141,000 people
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People on the move: key North East appointments and promotions
Appointments
Companies announcing new roles this week include Rowen and Pink Boutique, Simply Learning, Building Design Northern, Miller Homes North East and EMG Solicitors
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New Midlands and South West chief named at Crowe
Finance
Partner Ross Prince steps up to the role in which he will lead three offices employing more than 300 staff
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Buyout deal for law firm Higgs
West Midlands
Brierley Hill practice has expanded its foothold in the West Midlands by acquiring Lewis Onions Solicitors
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Blues remain in the red as owners vow £58m injection
West Midlands
Birmingham City's latest annual accounts make for painful reading as pre-tax losses increase despite revenue rise
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Private equity investor LDC ramps up its presence in Wales and the South West
Deals
It comes after LDC had a strong 2023 investing in firms on both sides of the border
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Law firm moves to new Birmingham office
West Midlands
MFG Solicitors has relocated across the city after six years in previous home following buyout
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Sunderland wealth manager Fairstone completes acquisition of James Ryan Thornhill
Deals
The deal brings over £110m of assets under management
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Two North East law firms announce office moves amid expansion plans
Offices
Sweeney Miller Law and Knights have expanded into offices in Sunderland and Newcastle respectively
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Deloitte appoints new boss for South West and Wales
Deloitte
Dave Tansley is a consulting partner who joined the firm in 1994
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Co-operative Bank to axe 400 jobs in bid to cut costs
The Co-operative
Bank has said it plans to cut around one in 10 of its workforce
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Northumberland design firm gears up for growth with five figure NEL Fund Managers investment
Deals
The company started out as a sideline business but now counts a number of North East SMEs and musicians Toyah Willcox and Robert Fripp as customers
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Legal salary survey: Have your say on pay and conditions
Legal
Our sister site TotallyLegal has launched its 2024 salary survey
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Insurance mutual LV upbeat after returning to profit
Company Results
The Dorset-based organisation paid out £30m in bonuses to its members over the 2023 financial year
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Virgin Money and Nationwide boards approve takeover terms
Deals
A £2.9bn deal for the larger mutual to acquire the challenger bank was revealed in recent weeks
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Swansea Building Society post its best ever financial results
Finance
In 2023 it saw a rise in pre-tax profit and total assets
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People on the move: key North East appointments and promotions
Appointments
Businesses featuring in this week's appointments round-up include Ward Hadaway, Brough Partners, Armstrong Watson, hedgehog lab, Simply Certificationand Silverstone Building Consultancy
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Law firm Clarke Willmott 'devastated' after partner dies
Law
Neil Baker had been with the company since 1999
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Shoosmiths is double winner at 2024 Birmingham Law Society awards
West Midlands
City office of º£½ÇÊÓƵ practice took home two of the top awards while both University of Law and Gateley were also double recognised
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Professional ServicesLloyds Bank-owned Lex Autolease slumps into the red after making more than £500m profit two years agoLex Autolease reported poor conditions in the second hand car market
Starling Bank considers US listing in blow to Rachel Reeves' fintech plans
By City AM
The company's finance chief has said the firm is open to a listing on the US stock market
Law firm Hugh James marks 65 year in business as it looks to further expansion
Legal
The firm which now employs 700 across the º£½ÇÊÓƵ Hugh James was founded in 1960.
Professional ServicesRobert Walters' income drops amid increasing economic uncertaintyThe group recorded a 13 per cent slump in net fee income to £72.7m as "macroeconomic uncertainty became more pronounced"
Lloyds Bank-owned Lex Autolease slumps into the red after making more than £500m profit two years ago
Professional Services
Lex Autolease reported poor conditions in the second hand car market
Starling Bank considers US listing in blow to Rachel Reeves' fintech plans
By City AM
The company's finance chief has said the firm is open to a listing on the US stock market
Law firm Hugh James marks 65 year in business as it looks to further expansion
Legal
The firm which now employs 700 across the º£½ÇÊÓƵ Hugh James was founded in 1960.
Ultimate Finance reports 'record' first half and moves into larger offices
Finance
The asset-based lender is seeing an increase in demand for its services
property newsPlans revealed for first tower in £1bn waterfront project28-storey block will ultimately be part of skyscraper cluster
The west Wales entrepreneur who turned her love of Welsh wool into a new business
Deals
The Welsh Wool Shop has been backed by the British Business Bank
Plans to regenerate former conference site
West Midlands
Wavensmere Homes is hoping to win Birmingham's backing for new residential development
Japanese automotive group Astemo investing £100m and creating 200 jobs in Greater Manchester
Automotive
Andy Burnham says move 'puts our city-region at the forefront of the electric vehicle revolution'
Zip World reported £3.3m loss ahead of £100m Dolphin Capital takeover
Leisure & Touism
New private equity owner has vowed to continue firm's expansion plans
West MidlandsForvis Mazars takes new home on Birmingham's Paradise estateFinancial services and accountancy group is making the short move across the £1.2bn estate
North East businesses have more than half a million unpaid bills
Economic Development
The figures from industry body R3 show a significant rise from last year
Builders merchants James Burrell hit by slump in construction sector
Company Results
The Gateshead family firm fell to a loss but said it had seen more positive trading early this year
Turntide Technologies brings activities together onto Gateshead site
Transport
The company was formed by the merger of three North East firms that worked in new technologies for transportation
Inflation rise to 3.6% challenges Bank of England rate cut hopes
Retail & Consumer
Inflation rose to 3.6% in June, official figures show - the third month in a row that consumer prices have been above 3%