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Professional Services

Finance giant EY names new Liverpool leader
Professional Services
'Liz has a wealth of experience, knowledge and passion for the North West'
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New funding deal for Birmingham denture company
West Midlands
Denturly hopes to use capital to disrupt the country's denture market
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Nigel Wright recruitment group launches New York office after turnover tops £26m
Employment
This month the company has also opened its first office in Manchester
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Starling Bank names Ovo Energy boss as new chief executive
Appointments
Raman Bhatia is expected to begin his role in early summer
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Older entrepreneurs: British Business Bank urges over-50s with 'great ideas' to get in touch
South West
The lender has issued £15m of loans to older South West entrepreneurs over the last 12 years
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FCA refocuses WealthTek investigation on suspected criminal offences
Insolvency and Administration
A High Court judge has given the watchdog more time to conduct a criminal probe
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People on the move: key North East appointments and promotions
Appointments
Companies welcoming newcomers this week include Muckle LLP, Sweeney Miller, Bergen Logistics, Biodiverse Consulting, PSC Consulting and Northern Spire
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Buyout deal for Birmingham insurance broker by Yorkshire group
West Midlands
Madoc & Rhodes has been acquired by Leeds-based JM Glendinning
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£1m funding deal for cyber security firm
West Midlands
MEIF backs Birmingham-based CyberQ as it looks to grow its sales and marketing activities
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Be More Geek closes three shops with job losses amid spiralling costs
Insolvency and Administration
Be More Geek stores in Manchester, Washington and Middlesbrough have closed after the original firm was put into liquidation - but three shops have been saved
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Norton Rose Fulbright invests in Newcastle expansion as workforce rockets from four to 350
property news
The law firm launched its Newcastle base with a very small team - but now needs space across three and half floors of a prime building to accommodate its growing team
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Nationwide Building Society to take over Virgin Money in £2.9bn deal
Finance
The proposed deal would create the country's second largest provider of loans and mortgages
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Chancellor urged to make inheritance tax 'fairer' in Spring Budget 2024
The Budget
Jeremy Hunt will make his address to Parliament on Wednesday, March 6
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Green heat network firm Vital Energi set for ‘rapid’ growth after private equity investment
Climate Agenda
'It is a long term journey and will require substantial amounts of capital'
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Merger to create new super credit union in Wales
Deals
A merger between Smart Money Cymru Community Bank and Newport Credit Union will have 15,000 members
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AI education platform secures £1.65m in new funding
West Midlands
Graide was spun out of University of Birmingham in 2021 and aims to help teachers make marking homework more efficient
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Accountancy firm Ballards launches new Birmingham base
West Midlands
Worcestershire practice launches its third office in the heart of the city's business district
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People on the move: key North East appointments and promotions
Appointments
Companies featuring in this week's round-up include EMG Solicitors, Aon, Hay & Kilner, GB Bank, Northern Engineering Solutions and Alexander Battery Technologies
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Newcastle Building Society matches record performance despite volatile year
Company Results
Boss Andrew Haigh told BusinessLive there is a possibility of branch openings in the North West, under the Manchester Building Society brand
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Profits fall at Yorkshire Building Society as inflation increases costs
Finance
The mutual said gross mortgage lending was high by historical standards
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British Business Bank launches £400m war chest to support Midlands firms
Finance
Round two of the Midlands Engine Investment Fund opens today with the aim of supporting small and growing companies across the region
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The Co-operative Bank's profit hit by one-off costs as takeover talks move ahead
Finance
The Manchester based lender said it is still in talks with Coventry Building Society
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Manchester consultancy Grayce launches into US market
SMEs
The 660-strong firm says it will help its largest clients tackle change and transformation programmes stateside
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Skipton Building Society hails deposit-free mortgage product as profits rise
Finance
2023 results for the mutual show it attracted thousands of new members
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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
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
Plans to regenerate former conference site
West Midlands
Wavensmere Homes is hoping to win Birmingham's backing for new residential development
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
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'
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
Company ResultsBuilders merchants James Burrell hit by slump in construction sectorThe 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%
Soaring beef and butter prices push food inflation to 4.5%, highest in nearly a year
Retail & High Street
Farmers struggle with high costs amid tax rises and extreme weather
Plymouth Waterfront Partnership reappoints former chief executive
Appointments
Sarah Gibson previously held the role as head of the business improvement district for a decade