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Professional Services

Welsh Government says it cannot reduce high interest rate on WRU loan
Wales
It said it could face a legal challenge on subsidy support if if reduced the agreed rate
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Ignition appointment to strengthen Devon team
Appointments
Ignition is a leading provider of vehicle and asset finance for º£½ÇÊÓƵ SMEs
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Number of Yorkshire and Humber private equity deals falls over last 12 months
Deals
2023 was described as a slow year for private equity activity within the region and outside
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South West recruitment activity declines at softer pace in December, according to KPMG report
Employment
The latest KPMG and REC º£½ÇÊÓƵ Report on Jobs has been published.
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Law firm TLT advises on sale of telecoms business
Deals
Lynx º£½ÇÊÓƵ is a telecoms engineering and asset managing company
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Bristol aviation firm merges with Liberty Hall Capital-backed Comply365
Deals
Comply365 is based in Bleriot, Wisconsin and Vistair is based in Bradley Stoke, Bristol
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Corporate advisory firm GS Verde in seven-figure fundraise to support its expansion
Banking & Finance
The Carrdiff headquarted firm has been admitted to secondary markets platform JP Jenkins
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Shoosmiths appoints new real estate partner
West Midlands
Chris Morris joins the firm's office in Colmore Row after 16 years with Gowling WLG
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Bristol invoice finance provider announces new hire
Appointments
Optimum Finance has appointed a new experienced risk and recoveries manager
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Bristol-based Ultimate Finance announces 'record year' of lending for 2023
Finance
The lender said it reached a new milestone in its loan book of over £310m
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Ward Hadaway to invest in staff and clients’ future following year of growth
Company Results
Ward Hadaway has now published it accounts showing turnover growth of 5%
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Tyneside recruiters secure £1.3m finance package to fuel growth
Engineering
Zenith People Limited is expected to expand its 20-strong team
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Independent tax advisory firm expands presence in Bristol
Offices
Claritas Tax has opened two new offices in Bristol and Glasgow
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Talbots Law seals third acquisition in a year
West Midlands
West Midlands law firm takes first steps into Worcester market with latest buyout
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County Durham's Anglo Scottish Asset Finance completes management buyout
Deals
The deal comes after a strong year for the business in which it added three new divisions
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More than 600 jobs lost across the North as print company Communisis collapses
Creative & Digital
Meanwhile a deal has been struck with former rival Paragon which safeguards 581 jobs
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Nationwide ATM cash withdrawals rise for second year in a row
Finance
The Swindon-headquartered lender said that before 2022 cash withdrawal volumes from its ATMs had been declining
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Big Interview: The Bristol law firm going the extra mile to support regenerative estates
Environment
National law firm TLT was the first corporate partner of Somerset’s Belmont Estate, the regenerative organisation which educates over 3,000 children in nature a year
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Fairstone adds two property services firms to its group via latest acquisitions
Finance
The Sunderland wealth management business has made acquisitions at opposite ends of the º£½ÇÊÓƵ
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Bristol financial services firm rebrands with modernised logo
Finance
SunLife’s history can be traced back to 1810, when the Sun Life Assurance Society was formed from the existing Sun Fire Office
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People on the move: key North East appointments and promotions
Appointments
Companies welcoming new arrivals and making promotions this week include Square One Law, Omnicom Media Group, McBryde & Co, Advanced Renewable Power and The Alnwick Garden
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British Business Bank taking its Start Up Loans programme in Wales in-house
Wales
The move will see Business in Focus which has overseen the programme for the last decade continuing to provide support in an affiliate role
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Northern law firm Ward Hadaway increases headcount as revenues grow
Law
Full accounts for the Newcastle-based firm are expected to be published in January
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Law firm Knights set for further expansion in South West
Offices
The professional services business will open flagship offices in Exeter and Bristol
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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
Armed ForcesMilitary drone factory to open in South West, creating 100 jobsGerman defence company Stark has confirmed it is expanding into the º£½ÇÊÓƵ
Barclays fined and agrees voluntary payment over link to WealthTek
Finance
The FCA has fined the bank £3.1m after it failed to do sufficient checks on the firm
Hinkley Point C's second dome lifted into place by giant crane
Energy
The nuclear power plant is expected to power six million homes with zero-carbo electricity when operational
º£½ÇÊÓƵ unemployment rises and wage growth cools following Rachel Reeves' tax hikes
By City AM
The estimate of employees on the payroll dropped by around 41,000 in June while the unemployment rate grew to 4.7%
Marie Claire owner Future on track as US advertising market improves
By City AM
The FTSE-250 media group said trading for the three months to 30 June was in line with expectations
EnvironmentMOPO secures £1m Innovate º£½ÇÊÓƵ funding to develop Nigeria battery schemeThe company wants to revolutionise access to sustainable energy in Africa
Decision on Greater Manchester's tallest skyscraper deferred after fiery meeting
North West
Councillors have voted to defer the decision to gain more information on several major concerns
Tameside Council welcomes new chief executive
North West
Emma Alexander is currently chief executive of Derbyshire County Council
Work nears completion on 23-storey tower block with sweeping views of Salford
property news
The C2 tower block in Salford will have 196 apartments and a rooftop terrace for residents
Blackpool councillors clash over new holiday let rules that may hurt tourism sector
North West
Rules came into force on April 1, 2023 but are only now resulting in difficulties for businesses