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Professional Services

Royal London to share 拢181m profit with millions of customers
By City AM
The firm reported an 11% rise in pre-tax profit to 拢277 million in 2024, up from 拢249 million in 2023, after the group bolstered new businesses and consolidated its consumer book
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Co-op Bank mortgage applications soar in first financial results since takeover
By City AM
The Co-Op Bank recorded 拢116.2m in pre-tax profit for 2024, down from the 拢120.9m booked in 2023 but in line with company expectations.
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Flexible working helps Bristol law firm boost gender equality - and growth
International Women's Day
But the shift didn鈥檛 happen overnight. It has taken over a decade of cultural change, according to the business
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The female CEOs leading the way at FTSE 100 and FTSE 250 businesses
International Women's Day
Latest report into stock market giants shows women now occupy 43% of roles on boards
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Fall in the number and value of equity deals into small firms in Wales
Deals
The British Business Bank has published its latest Small Business Finance Markets report
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Admiral announces special dividend following a 90% surge in profits
By City AM
The FTSE 100 firm has also confirmed it is in talks to sell its struggling Italian business ConTe
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Barclays bank tells customers they could get share of 拢12.5million
Banking & Finance
The money will go to those who have had problems in the last two years
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HSBC hunts for new 海角视频 boss as current chief takes up 'vital' new role
By City AM
Ian Stuart, who has been chief executive of the bank's 海角视频 business for eight years, will move to the newly created role of group customer and culture director
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Lloyds shares worth 70p as analysts upgrade price target on bank
By City AM
Peel Hunt analysts have upgraded their price target on Lloyds shares, but have maintained a 'Hold' rating on the bank
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Mortgage approvals reach highest level since 2007 thanks to interest rate cut
By City AM
The property market has started the year off on the 'front foot', according to the CEO of a specialist lender, as mortgage approvals reached the highest level in 15 years
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Close Brothers finalises sale of asset management division to Oaktree
By City AM
The banking group has offloaded Close Brothers Asset Management (CBAM) to global investment management firm Oaktree Capital Management in a bid to strengthen its balance sheet
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FTSE 100 surges to record high as BAE Systems and Rolls-Royce stocks soar
By City AM
The FTSE 100 index hit a new record high on Monday morning as defence stocks surged across Europe after countries signalled they would up defence spending over the weekend
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Newcastle Building Society pre-tax profits hit by support for Philips Trust victims but underlying business shows strength
Company Results
The society has raised 拢60m to support its growth plans
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Late payments to Welsh firms reaches 21 month high
Banking & Finance
New research from R3 shows that in January Welsh firms had more than 150,000 overdue invoices
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Sales platform raises further 拢1.5m to expand internationally
West Midlands
OneUp Sales in Tamworth has secured a fourth round of capital from MEIF and Mercia Ventures
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Business confidence in Wales rises but far lower than the 海角视频 as a whole
Lloyds
Lloyds Commercial has published its latest business barometer
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Lloyds Bank CEO Charlie Nunn takes home 拢5.6m in pay, bonuses and perks
By City AM
The bumper pay and bonuses come after the lender's profit took a hit in its annual results and as it was forced to set aside a further 拢1.2bn for potential payouts as a result of the motor finance scandal
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People on the move: key North East appointments and promotions of the week
Appointments
Companies featuring in this week's round-up include Blue Kangaroo, WE-COM, Simply Learning, Teesside Airport and DPP Planning
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NorthStandard boosts income to $870m despite uncertainty in global shipping sector
Company Results
The maritime insurance provider described strong headwinds in 2023-24 but highlighted its resilience
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Profits dip at Leeds Building Society as it describes 'turbulent' market for savers and borrowers
Company Results
The 海角视频's fifth largest building society described its results as record breaking - increasing mortgage lending to 拢5.7bn and a 7.8% increase in members to 991,000
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New chair of Monmouthshire Building Society
Appointments
Marian Evans has been appointed chair of the Newport headquartered mutual
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London Stock Exchange Group smashes expectations with strong growth and bold 2025 outlook
By City AM
The firm's total income, excluding recoveries, grew by 7.7 per cent in 2024, with broad growth across divisions.
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Swansea law firm advises on new sportswear deal for Cricket South Africa
Professional Services
JCP Solicitors acted on the deal for its long-term client in international sportswear manufacturer Macron
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Law firm launches Birmingham office
West Midlands
HF has taken its portfolio of bases to 12 across the 海角视频 and Ireland after signing up for space
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DealsDevelopment Bank of Wales exit from Freight Logistics SolutionsThe development had made a 拢2.2m equity investment in the logistics firm four years ago
The 5 海角视频 fintechs with the most customer complaints named - full list
By City AM
Revolut and Monzo customers proved to be the most disgruntled customers in the second half of last year, according to the Financial Ombudsman Service (FOS)
Law firm Tilly, Bailey & Irvine expands into Sunderland with acquisition of 15-strong practice
Deals
The move adds to Tilly, Bailey & Irvine's bases in Stockton, Wynyard and Barnard Castle
Lloyd's of London appoints new CEO as John Neal successor named
By City AM
Patrick Tiernan has been appointed as the new CEO of Lloyd's of London, with current chief John Neal set to step down at the end of May
London-based Metro Bank sees share price lift following positive Q1 financial update
By City AM
Metro Bank said profits had increased significantly in the first quarter of 2025 as the embattled lender's turnaround gathers pace
海角视频SpanSet 海角视频 outlines its commitment to protecting the 海角视频鈥檚 workforce during No Falls Week 2025The Cheshire-based company, which provides solutions for safe working at height, offers a range of equipment and related services, including training, inspection, consultancy, and equipment supply
Home Bargains owner's property push continues with 200-home development plan near 拢100m station
property news
The proposals would see a 13-storey residential-led mixed use scheme developed in Liverpool's Baltic Triangle
'How I created a successful business in two years with minimal investment'
SMEs
Toluwa Oyeleye set up her behavioural change consultancy in 2023 to help workplaces empower staff
Government leads 拢1bn investment into 1,000-job factory in Sunderland
Automotive
Recruitment is to start next week on a 1,000-job expansion of the AESC battery plant in Sunderland after a Government-led investment of 拢1bn
Large building supplies depot shuts with potential job losses
Employment
The Plymouth branch of RGB Building Supplies has ceased trading
property newsHome Bargains owner's property push continues with 200-home development plan near 拢100m stationThe proposals would see a 13-storey residential-led mixed use scheme developed in Liverpool's Baltic Triangle
Government leads 拢1bn investment into 1,000-job factory in Sunderland
Automotive
Recruitment is to start next week on a 1,000-job expansion of the AESC battery plant in Sunderland after a Government-led investment of 拢1bn
Merseyside to receive millions in funding for 'jobs of the future' and to help turn 'eureka moments' into innovative businesses
North West
拢30m awarded to universities working with industry partners across country
'How I created a successful business in two years with minimal investment'
SMEs
Toluwa Oyeleye set up her behavioural change consultancy in 2023 to help workplaces empower staff
BCO celebrates top Midlands office projects
West Midlands
Projects in Birmingham and Coventry named among seven winners from across the region which will now compete at national awards