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Professional Services

Law firm CMS rolls out Suits-inspired Harvey AI after saving lawyers 100 hours each
Legal
Global firm says 93% of users report productivity gains of up to 118 hours per year
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Law firm launches 'Ukraine desk' to support country's reconstruction efforts
Law
It will also advise Ukrainian businesses and individuals looking to operate in the º£½ÇÊÓƵ, Clarke Willmott said
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Corporate advisory group GS Verde under new ownership
Wales
The Cardiff headquartered firm has been acquired by AAB Group
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Bank of England warns of rising global risks as it cuts capital rules for lenders
Economy
The central bank has warned of an increasing threat to financial stability even as it reduced capital requirements for º£½ÇÊÓƵ banks
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New South West head for business advisory firm BDO
Appointments
Andrea Bishop will oversea more than 500 staff across the Thames Valley and West of England region
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People on the move: key North East appointments and promotions
Appointments
Companies announcing new roles this week include Azets, Muckle LLP,
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Two of Cardiff's most popular music venues under new ownership
Music
Tramshed and the Globe have been acquired by Propaganda Independent Venues
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Our cities and businesses need more: North West businesses react to Rachel Reeves’ Budget
North West
Chamber says announcements a sign of ‘reactive crisis management’ – but others welcome regional drive
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Yorkshire timber group with 1,150 employees across the º£½ÇÊÓƵ calls in administrators
Insolvency and Administration
More than 550 redundancies have been made at National Timber Group and 13 of 47 bases closed with immediate effect
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Hargreaves Lansdown backs º£½ÇÊÓƵ investment hub plans in Rachel Reeves' Budget
The Budget
The Bristol-headquartered financial services platform said the move was a 'welcome boost' for British investment culture
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Freeze to income tax thresholds extended to 2031 – what we know so far
Professional Services
PA news agency explores what changes will mean for taxpayers
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º£½ÇÊÓƵ's oldest law society appoints first British Muslim Pakistani woman president
Law
Bristol Law Society was founded in 1770 and has some 7,500 members across the West Country
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Chancellor looking to banks not to criticise Budget
The Budget
It comes as Rachel Reeves looks set to dismiss calls for extra taxes on the sector.
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Strong financials for law firm Knights as it looks to new permanent office in Cardiff
Legal
The firm established a presence in Wales with the acquisition earlier this year of Cardiff law firm Le Gros Solicitors
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Thomas Carroll Group sells wealth management business
Deals
Thomas Carroll IFA has been acquired by Titan Wealth
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Historic Plymouth law firm named among best in the º£½ÇÊÓƵ
Law
Judges praised the company's vision and forward-thinking approach as well as its strong internal communication
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New chief executive of Principality Building Society
Banking & Finance
Iain Mansfield has succeeded Julie-Ann Haines
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Nationwide earnings fall after mortgage lending dips
Company Results
Administrative expenses also rose at the mutual, mainly due to the costs of the Virgin Money takeover
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Development Bank of Wales hits £1bn investment milestone
Banking & Finance
It said its debt to equity funding has supported more than 51,000 jobs across Wales
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Ashurst agrees to $2.7bn merger with US firm Perkins Coie
Law
The merger will create a $2.7bn law firm with more than 3,000 lawyers across 23 countries
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FRP Advisory snaps up London financial services firm for £6.7m
Deals
The deal is FRP's fifteenth acquisition since its IPO in 2020
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Staff no longer feel safe' going to work next to old hotel housing homeless people
Employment
A number of firms have lodged objections against the former Ibis hotel in Cardiff being used to house homeless people and some said they may leave
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People on the move: key North East appointments and promotions
Appointments
Companies announcing new appointments include The Bazaar Group, Muckle LLP, Ward Hadaway, BDN, Greener Solutions Group and Architects-Group
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The latest equity deals in Welsh business
Deals
Firms featured include Cosi Care, Caron Group, IPM Group and Credas Technologies
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