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Professional Services

Bank of England appoints West Yorkshire professor to rate-setting committee
Appointments
Economics professor Alan Taylor has been appointed as the newest member of the committee
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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, UNW, Lichfields, Langley Castle and Tekmar Group
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MBO at Birmingham printing company
West Midlands
Set & Match is now being led by Stuart Mills following a funding deal from Time Finance
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海角视频 government in talks with Revolut ahead of blockbuster listing
By City AM
The Treasury is reportedly planning talks with Revolut this autumn in a bid to showcase London's attractiveness as the 海角视频's biggest fintech firm is said to prefer the US for a blockbuster IPO
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PwC facing 拢6.6m lawsuit from 海角视频 property developer over 'negligent' tax advice
By City AM
PwC is facing a lawsuit from 海角视频 commercial property developer Revelan, which is claiming 拢6.6m from the Big Four firm after it said it was landed with a 拢3m tax bill
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海角视频 economy expands in line with expectations in second quarter
By City AM
Britain's gross domestic product grew 0.6 per cent in the three months to June compared to the previous quarter, according to data from the Office for National Statistics
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Citigroup lifts EU bonus cap for top London bankers, aligning with Wall Street rivals
By City AM
The US lender is not currently planning to materially change fixed pay for material risk-takers, similar to the approaches taken by rivals JPMorgan and Barclays
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Cornish accountancy firms snapped up in double deal
South West
West Midlands-based BK Plus has expanded its presence in the South West
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Private equity giant CVC makes 'strong recovery' after dismal 2023
By City AM
The company, which owns the Six Nations, beat expectations in the first half of the year after a quiet 2023 when money failed to flow into its investments
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FCA imposes 拢276,100 fine on Cyprus-based Forex TB for unfair customer treatment
By City AM
The Financial Conduct Authority (FCA) has fined Cyprus-based trading broker Forex TB (FXTB) Limited 拢276,100 for treating customers unfairly and providing unauthorised investment advice
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Tyneside education specialist Edwin Group sees sales and profits rise despite challenges
Education
The firm's accounts have been published weeks after it was acquired by new US owners
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Aviva reports robust first-half results with 15% surge in insurance premiums, plans more shareholder returns
By City AM
The 海角视频 and Ireland general insurance premiums jumped 18 per cent to 拢3.8bn
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Secure Trust Bank hikes cost-cutting target but warns on earnings as FCA review bites
By City AM
Secure Trust Bank's "Project Fusion" scheme is on track to deliver 拢5m in savings by the end of this year, the lender said on Wednesday
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Just Group exceeds forecasts with 拢249m profit, analysts upgrade stock predictions
By City AM
The specialist financial services company for those at and in retirement has reported an underlying operating profit of 拢249m, 20 per cent ahead of consensus
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What are the options for my pension when I retire?
Your Money
A look at what choices are on offer when it comes to accessing your pension in retirement
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From inflation to GDP: Everything you need to know about the 海角视频 economy this week
By City AM
Inflation is expected to rise for the first time since December, according to City economists, as a slew of official 海角视频 economic data this week is poised to bolster the case for policymakers at the Bank of England not to cut interest rates next month.
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South West accountancy firm expands with double acquisition
Deals
The deal will take the number of Monahans' offices to 10
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HSBC commits to no branch closures until 2026, invests 拢50m in 海角视频 network
By City AM
The bank is due to tell its nearly 15m 海角视频 customers this week that it will extend a promise not to reduce its 327-strong branch network.
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Citigroup to scrap EU bonus cap for hundreds of London staff
By City AM
The news comes after Barclays told staff last week that its so-called material risk-takers (MRTs) would be able to earn a bonus worth up to 10 times their base salary, up from a current ratio of 2:1
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People on the move: key North East appointments and promotions
Appointments
Companies featuring in this week's round-up include Twist Group, Hay & Kilner, Sweeney Miller Law, Merit, Bonded and CustomerSure
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Barclays to scrap EU bonus cap for top bankers and traders
Barclays
The move means the bank's material risk-takers (MRTs) will be able to earn a bonus worth up to 10 times their base salary, up from a current ratio of 2:1
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Popular Tyneside brewery bought by new owners after falling into administration
SMEs
Anarchy Brew Co went into administration on August 1 but all jobs have been saved following the pre-pack deal
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Assura acquires 14 海角视频 private hospitals from Northwest for 拢500m, boosting NHS partnership potential
By City AM
Assura has acquired a 海角视频 private hospital portfolio from Canadian group Northwest Healthcare Properties for 拢500m, ahead of a potential funding boost from Labour's spending spree
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GB Bank to move headquarters from North East to London
property news
The property finance specialist has also appointed a new CEO as its co-founder and current CEO steps down from the business
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