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Professional Services
New HSBC funding round supports military firm's expansion plans
West Midlands
Ammo and Company will use the package to fulfil a new contract awarded to the company by the º£½ÇÊÓÆµ government
Bookmark
Another deal for Knights with Thursfields buyout
Legal
North West law continues expansion with £12.5m acquisition of West Midlands practice
Bookmark
RMT Accountants & Business Advisors joins forces with Durham based Ribchesters
Deals
The combined RMT Ribchesters practice will include ten directors and a team more than 120 employees.
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Regulator criticises major º£½ÇÊÓÆµ banks for failing to provide accurate customer information
By City AM
The CMA said HSBC, Lloyds, TSB and AIB all "failed to make available correct data on their products or services"
Bookmark
People on the move: key North East appointments and promotions
Appointments
Companies announcing new roles include Armstrong Watson, Petards, Pragmatic Semiconductor, Deloitte, Bernicia and RWO
Bookmark
NatWest acquires Metro Bank mortgage assets and reports robust H1 earnings
By City AM
Natwest said it performed ahead of expectations in the first half
Bookmark
FTSE 100 edges up led by Unilever amid global tech sector turmoil
By City AM
The FTSE 100 was one of the few global markets to make any headway on Thursday after global equity markets were hit by a tech sell-off
Bookmark
Tributes to ‘one of a kind’ Bermans founder Keith Berman, whose law firm saw success in º£½ÇÊÓÆµ and USA
Law
Founder moved to New York in the 1980s and was renowned for his 'flamboyant' cape and bow ties
Bookmark
Big name shareholders refused to bail out collapsed Tenet Group, documents show
Insolvency and Administration
Administrators handling the affairs of the service provider to financial advisors say creditors are likely to see dividends
Bookmark
Judge approves plan to pay money and assets to WealthTek clients
Insolvency and Administration
The Financial Services Compensation Scheme has estimated it will need to pay out about £22m to cover shortfalls in client money and assets
Bookmark
Yorkshire Building Society grows mortgage and savings books amid 'cautious optimism' about economy
Company Results
The lender said it had detected a rise in mortgage arrears
Bookmark
Asset-based lender Ultimate Finance secures £370m in funding
Finance
The Bristol-based firm said the agreement put it in 'a strong position' to drive growth
Bookmark
Newcastle Building Society becomes North East's first Living Pension employer
Finance
The mutual has committed to the standard for all staff who joined after April 1 this year
Bookmark
Santander profits dive 30 per cent in º£½ÇÊÓÆµ as Spanish bank feels the pinch
By City AM
The Spanish bank's º£½ÇÊÓÆµ arm reported pretax profit of £804m in the first six months of the year, down from £1.2bn in the same period last year.
Bookmark
FCA mandates º£½ÇÊÓÆµ banks to assess local cash needs before shutting down branches
By City AM
Banks and building societies will have to weigh whether residents are able to access cash under new rules announced by the City watchdog today
Bookmark
Financial firm Folk2Folk hits £700m lending milestone
South West
The peer-to-peer lender has helped a range of businesses with loans over the last 12 months
Bookmark
South Yorkshire tech firm FinLegal seals £2m investment to trigger job creation
Professional Services
The Northern Powerhouse Investment Fund II (NPIF II) has completed its first deal in South Yorkshire in the tech business
Bookmark
RMT Technology strengthens senior team as growth drive continues
Appointments
The specialist arm of RMT Accountants & Business Advisors has expanded its team as it continues to grow its client base
Bookmark
Alarm sounded over health of London's AIM market as listings hit 20-year low
By City AM
New analysis has revealed the number of companies quoted on London's junior market to be at a 20-year low.
Bookmark
Thousands of North East businesses battling financial distress, new data reveals
Finance
The latest Red Flag Alert data from Begbies Traynor shows the number of businesses feeling financial distress has jumped by more than 40% in a year
Bookmark
Training firm Standguide Group moves to employee ownership
Deals
Adviser Brabners says employee ownership model growing across º£½ÇÊÓÆµ
Bookmark
870 West Country start-ups receive loans from state-owned British Business Bank
South West
The lender has handed out finance packages worth £11m to businesses in the region over the last year
Bookmark
People on the move: key North East appointments and promotions
Appointments
Companies and organisations featuring this week include Energy Central Campus, Ward Hadaway, Decide, Ridgetek and Bernard Interiors
Bookmark
Lexington Corporate Finance acquired by FRP Advisory in a £3.5m deal
Deals
Cardiff headquartered corporate advisory boutique Lexington Corporate Finance has been acquired in a £3.5m deal.
Bookmark
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