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Professional Services
Deloitte creating 100 jobs with new technology centre in Manchester
North West
'Our investment will further support Greater Manchester’s ambition to be a leading digital and AI demonstrator region'
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North East insolvency activity reaches nine-month high as businesses feel financial squeeze
Insolvency and Administration
Kelly Jordan, chair of R3 in the North East, said hospitality, retail, and manufacturing companies are particularly at risk.
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People on the move: key North East appointments and promotions of the week
Appointments
Companies announcing new roles and arrivals in the region this week include
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West Midlands law firm opens first Birmingham office
West Midlands
FBC Manby Bowdler said the move was part of its plans to double over the next 12 months
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Business consultancy plans move to new Birmingham office
West Midlands
Sedulo will also bring a former bar popular in the business district back to life as an event space
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One in ten Brits don't have a penny in cash savings, FCA warns
By City AM
The Financial Conduct Authority's Financial Lives Survey 2022 found that people's ability to meet financial commitments is being stretched, with one in four having missed payments
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Sunday Times Rich List: Wealthiest people in the South West revealed
Professional Services
Electricity and finance leaders see their wealth soar
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Manchester United’s Sir Jim Ratcliffe still North West’s richest man as young entrepreneurs join Sunday Times Rich ListÂ
North West
Retail entrepreneurs on famous list include 'richest person in Liverpool history'
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Tyneside sole trader fined £50,000 for over 194,000 nuisance calls
Energy
The trader behind green energy firm ECO4U has been hit with the fine by the Information Commissioner's Office (ICO)
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USA deal for Morson Group in ‘significant’ global moveÂ
Deals
California's PTS Advance works in sectors including energy and infrastructure
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North West insolvency activity outpaces rest of º£½ÇÊÓÆµ as high costs ‘pushing many firms to the brink’Â
Professional Services
Warning firms in hospitality sector are being particularly hard hit
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Natwest shares hit decade high as government continues to reduce stake
By City AM
The government is continuing to reduce its stake in the lender, with the FTSE 100 giant's stock up nearly 1% and touching highs of 498.8p
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'Investment magnet' financial services injected huge £281bn into º£½ÇÊÓÆµ economy
By City AM
Financial services have been a key battleground in the spat between the º£½ÇÊÓÆµ and EU over market access, with the º£½ÇÊÓÆµ government recently unveiling plans to make the City more competitive
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Direct Line suffers shareholder revolt over huge payday for insurance giant's chief
By City AM
Direct Line Group has seen 36.5% of shareholders vote against the directors' remuneration report after it was revealed that chief executive Adam Winslow was paid more than £7.8m for the firm's latest financial year
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Make your working day better: University and HR experts team up to study the way we work
Employment
Better Working Lives research links the University of Salford with HR firm Peninsula
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Zopa Bank raises £80m in bond listing as it prepares for current account launch
By City AM
The lender, which will convert to an unlisted public company within six months of the transaction, is gearing up to launch current accounts
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CMA launches probe into Aviva's £3.7bn Direct Line takeover
By City AM
The CMA has begun its phase one inquiry to establish whether the deal would result in a 'realistic prospect of a substantial lessening of competition'
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The latest equity investment deals in Welsh business
Deals
Firms featured include Inyanga Marine Energy, Freight Logistics Solutions, Lumin Solutions, Flotek and TXO
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Thames Water bosses defend £770,000 bonus payouts as pollution incidents rise
By City AM
Chief executive Chris Weston and Chair Sir Adrian Montague are spearheading a turnaround at the crisis-hit utility, which narrowly avoided bankruptcy earlier this year
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Treasury woos Monzo and Revolut bosses amid plea for London listings
By City AM
The Treasury has hosted a meeting with top º£½ÇÊÓÆµ fintech names including Monzo and Revolut in a bid to convince the country's most valuable unicorns to list on the London Stock Exchange.
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Barclays share price surges to near decade high after upgrade
By City AM
The lender has gained over 17 per cent since the beginning of 2025 and 46 per cent over the last 12 months.
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Scottish Widows abandons pension funds agreement, setting up separate investment fund
By City AM
The original pact saw 11 pension funds agree to invest five per cent of their assets in private markets.
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FCA to 'put the public back in IPO' after brutal few years for London Stock Exchange
By City AM
The Financial Conduct Authority has told industry stakeholders at the London Stock Exchange's annual IPO Forum that it would "put the P back into IPO," sources attending the event told City AM
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Zilch's customer base balloons as it tops £4bn in sales for retailers
By City AM
The fintech industry has seen a record year of growth, with the º£½ÇÊÓÆµ leading the way as the top unicorn breeder in the region with 41 firms topping a $1bn valuation.
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Professional Services
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Most Read
Most Recent
Offices
Accountancy firm Bishop Fleming opens Exeter office
The new office is the second-largest in the company's network and employs more than 100 staff
By City AM
Close Brothers announces strategic shift in lending, prioritising commercial insurance over personal lines
The lender said it would start to focus on insurance products designed for businesses, which the firm said offered better risk-adjusted returns and long-term growth potential
Accountancy firm Bishop Fleming opens Exeter office
Offices
The new office is the second-largest in the company's network and employs more than 100 staff
The latest acquisition and equity investment deals in Wales
Banking & Finance
Firms featured include Amotio, Draig Therapeutics, Ceryx Medical, Pink Storage and B Fit Group.
Law firm launches new planning practice in Birmingham
West Midlands
Freeths expands services with plans to grow team in the city
Revolut launches stocks and shares ISAs, partners with top fund managers for º£½ÇÊÓÆµ customers
By City AM
The digital banking giant has expanded its investment offering into stocks and shares ISAs for º£½ÇÊÓÆµ customers
Most Read
Most Recent
By City AM
Rio Tinto's dealmaking hunt brings back memories of disastrous takeovers
Exclusive: The mining industry is well-known for its dealmaking obsession and Rio Tinto was one of the worst offenders with a series of disastrous takeovers
FTSE 100 darling Rolls-Royce set to smash through latest milestone
By City AM
Rolls-Royce shares are set to be worth £10 each for the first time in the next few weeks
North East investment company Develop North launches new growth strategy
property news
The company launched by Tier One Capital says devolution and overseas investment have made the region ripe for investment
º£½ÇÊÓÆµ's 'digital economy' is a 'digital illusion' with firms using outdated tech
By City AM
A new report has warned that the º£½ÇÊÓÆµ's digital economy is at risk because businesses are still relying on outdated, paper-based verification processes
Hovis losses widen amid ongoing merger talks with Kingsmill owner
By City AM
Bakery group Hovis, which is backed by private equity firm Endless, saw its pre-tax losses increase from £3.6m to £4.7m in the year to 28 September, 2024, new accounts show
Manufacturing
Plans for glass bottling factory in Ebbw Vale creating 600 jobs abandoned
Ciner Glass said the project is no longer commercially viable
Funstation signs up for Merry Hill venue
West Midlands
Family entertainment business has taken the final remaining space in the old Debenhams unit
Zigup says results are ahead of expectations despite fall in revenues and profits
Enterprise
The vehicle hire and mobility specialist said its underlying revenues had grown despite a fall in overall numbers
North East investment company Develop North launches new growth strategy
property news
The company launched by Tier One Capital says devolution and overseas investment have made the region ripe for investment
Newcastle brands Sloobie and Yana Active feature at unique Regent Street store
Enterprise
The brands are featured at A Style of Our Own, which has been established to promote female-led fashion brands