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North East's young entrepreneurs receive fewer loans than 海角视频 peers
SMEs
A breakdown of figures from the Start-up Loans scheme shows the North East is behind many other regions in terms of volume and value of loans
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Virgin Money agrees 拢20m buy out of abrdn joint venture
Deals
The bank will take full control of the digital investment platform it co-launched last April
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The latest equity investment and acquisition deals in Wales
Deals
Companies featured include Mazuma, EverTrek, GS Verde, Thomas Carroll, Cardiff Rugby, Hope Macy and Brickability
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Transport firm CMAC sold to Singapore group ComfortDelGro Corporation in 拢80.2m deal
North West
CMAC will operate alongside CityFleet Networks, which owns cab firms in Merseyside and Cheshire
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Growing water retailer Wave moves into new Durham head office
Deals
The company has downsized into a new office on the back of a successful hybrid working model adopted by its staff
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Mountain Ash is getting its own banking hub
Finance
LINK said the banking hub will open next year following a request from MS Vicky Howells
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Jobs saved as Middlesbrough's Viral Effect bought out of administration
Creative & Digital
The digital marketing specialist has been sold to another Teesside company belonging to one of its former directors
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Tyneside investor group relaunched as Northern hub to bring in more finance
SMEs
The Newcastle Angel Hub has been relaunched as the Northern Investor Hub with ambitions to facilitate investments from further afield
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People on the move: key North East appointments and promotions of the week
Appointments
Companies and organisations featuring in this week's round-up include West Nautical, Pneuma Group, Seaward, Kielder Observatory Astronomical Society, NOF and Port of Sunderland
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Barclays agrees 拢600m deal to buy Tesco Bank and take on staff
Deals
The deal would see 2,800 staff in Scotland, Newcastle and Kent transfer to Barclays
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Virgin Money signals return in mortgage market with hopes interests rates 'have peaked'
Finance
The Newcastle-based lender saw increases in business and unsecured lending to offset the fall in mortgage take-ups
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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 Avison Young, Lichfields, LSH, RMT, Fairgrieve Compression Mouldings and Muckle LLP
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Screenology to expand Bristol filmmaking and video courses after securing 拢95k
Creative & Digital
The company currently employs 22 members of staff and is planning to create new jobs over the next 18 months
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Vernon Building Society boss says 100-year-old mutual would consider opening new high street branches
Finance
Vernon continuing a 拢1.1m investment in its branch network
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Manchester dealmaker takes national lead role at EY
Deals
Mark Clephan leads group's North Corporate Finance team.
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Bath Building Society appoints new chief executive
Appointments
Richard Ingle will be taking over the top job from Kevin Gray
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Equity element of British Business Bank's new Wales fund in maiden investment
Deals
Caerphilly-based adventure travel venture EverTrek is looking to drive significant growth on a 拢1.3m equity round
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Devon children's eyewear specialist secures British Business Bank funding
South West
Exeter Eyewear designs adjustable glasses frames for children including those with craniofacial disorders such as Down Syndrome
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HSBC fined 拢57.4m by Bank of England for failing to protect customer deposits
HSBC
It is the second-highest penalty ever imposed by the 海角视频 central bank's Prudential Regulation Authority
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Profit warnings by listed Midlands companies fell in 2023 - report
West Midlands
Listed companies in the region issued 31 profit warnings last year
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Business confidence in Wales the lowest in the 海角视频 shows latest ICAEW research
Economy
The last business confidence monitor from the ICAEW does show Welsh firms being optimistic for trading over the next year
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People on the move: key North East appointments and promotions
Appointments
Companies featuring in this week's round-up include Northstar Ventures, Zerolight, Biodiverse Consulting, GMI Construction, Blyth Harbour Commission and Onyx Scientific
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Bet365's Coates family among 海角视频's highest taxpayers
West Midlands
The Stoke-based team is once again among the top business people in the country for their tax liability
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HSBC unveils first 'cash pod' and vows not to announce any new branch closures in 2024
HSBC
The so-called pod in North Somerset is the first of 10 that the banking giant is planning to open this year
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