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Professional Services

North West economy more stable, NatWest Growth Tracker shows
North West
Workforce numbers fell 'fractionally' as leaders more optimistic
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Deals see North East SME finance and tax operators acquired
Deals
Newcastle's Trusted Business Partner and professional services group S&W have both bought firms in the region
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Fletchers Group makes move into family law with deal for Raydens
Law
Raydens has bases in Buckinghamshire, Essex, central London, and Birmingham
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North West law firm Harrison Drury expands into the Midlands
Law
Leader of new office hails city's 'amazing industrial heritage and entrepreneurial mindset'
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East Yorkshire HR firm secures £100k to expand consultancy offer and create jobs
Finance
Founders of The HR Guru say they have spotted a gap in the market
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North West profit warnings down year-on-year – but 'subdued consumer sentiment' goes on
North West
EY-Parthenon’s latest Profit Warnings report shows policy change and geopolitical uncertainty hitting º£½ÇÊÓƵ firms
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People on the move: key North East appointments and promotions
Appointments
Companies announcing new arrivals and promotions this week include Muckle LLP, Bradley Hall, AspinallVerdi, Jacksons, Phoenix 2 Retail, Atom Technology Solutions
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Confidence grows in the North West with more firms planning to hire
Enterprise
Key focuses include AI and automation
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Business distress in the North East shows signs of slowing, latest Red Flag data shows
Finance
Almost 12,700 businesses in the region experienced early or ‘significant’ financial distress in the third quarter of the year
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Santander º£½ÇÊÓƵ delays earnings and calls for government intervention in FCA motor finance scheme
Santander
The Spanish banking giant was due to publish its financial report for the third-quarter on Wednesday but has put it on hold 'pending greater clarity regarding the [FCA]'s proposals'
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New North East investment firm launches with Middleton Enterprises backing
SMEs
Alpro Capital will focus on acquiring profitable businesses around the North East
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Medicash aims for a million policyholders
North West
Health cash plan provider revamps leadership team
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Wealth manager buys Greater Manchester firm as it hails city as ‘a magnet for talent and enterprise’
Professional Services
Sale-based pensions and investment specialist Haven IFA joins Hoxton Wealth
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EY º£½ÇÊÓƵ bounces back with growth in most divisions but consulting lags
Ernst and Young
The Big Four giant has reported that its fee income grew by 2% over the last financial year to £3.78bn
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Natwest shares rocket over 5% after cost-cutting plan delivers strong profit growth
By City AM
Natwest reported a major increase in third-quarter profit with the bank also upgrading its income target for the full year. Its shares were more than five per cent higher as markets opened.
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Bank of England finance chief named most influential black Briton
Black Communities
Afua Kyei is at the top of the Powerlist 2026
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Muckle toasts fourth consecutive year of growth as investment pays off
Law
The Tyneside-based law firm is in now in the final part of a five-year plan with further turnover rises coming in 2025
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AFH Wealth Management expands º£½ÇÊÓƵ footprint with latest deal
West Midlands
Worcestershire finance firm has bought South East outfit
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Bank of England slammed for 'racist' internship scheme that only accepts black candidates
By City AM
The Bank of England has been criticised for an internship scheme that is only open to candidates of "black or mixed black heritage" and whose household income is below £50,778 a year
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Banking watchdog boss issues stark warning on º£½ÇÊÓƵ banking capital rules changes
By City AM
The head of the º£½ÇÊÓƵ's prudential regulator the PRA has warned against loosening capital rules for banks
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Lloyds refuses to rule out legal challenge to FCA motor finance redress scheme
By City AM
Lloyds Banking Group's finance boss has refused to rule out a legal challenge to the financial watchdog's motor finance redress scheme after the bank's provision for payouts under the scheme dealt a blow to its bottom line
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Allica Bank to announce third acquisition as it eyes £1bn lending goal
By City AM
The digital bank has snapped up London-based fintech Kriya, which specialises in embedded finance and business loans.
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Barclays shares rise as bank unveils new buyback plans after income surge
By City AM
The FTSE 100 lender netted £7.2bn in total income, breezing past as internal analyst consensus of £7bn. The figure was also up nine per cent year-on-year.
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More than half of banks see increase in Gen Z employees leaving the industry
By City AM
New research shows people in this generation are leaving the industry at a faster rate than other professions, citing a desire to work for start ups and in remote environments
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