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Professional Services
Inflation hits 3.8% as tax hikes see food price spike - and it's set to get worse
By City AM
The previous reading for inflation in July was 3.8 per cent, with the August figure likely to confirm Bank of England rate-setters will vote to hold interest rates at its next decision on Thursday.
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PwC º£½ÇÊÓÆµ sees slight profit increase amid strategic headcount reductions and tech investments
By City AM
The Big Four firm has reported a slight increase in revenue, profits, and profit per partner for the year ended 30 June 2025, largely due to headcount cuts
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How ‘Mancunian spirit’ is helping city’s homegrown bank DF Capital to grow
Finance
'We're not lending in random places. So we've stuck to the knitting'
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Why digital bank Zopa chose Manchester for its new base– and why it could create hundreds of new jobs
Finance
Zopa CEO says 'availability of tech talent' helped clinch bank's Manchester investment
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Eden Project designer Sir Nicholas Grimshaw dies at 85
South West
He gained widespread recognition for creating the attraction which is now a major tourist destination
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State pension poised to rise by £560 in extra costs to Treasury
By City AM
State pension poised to rise by £560 in extra costs to Treasury
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Co-op Insurance partners with ClearScore to offer personal and secured loans
By City AM
The insurance arm of the Co-op Group is expanding its presence in the financial services market by offering personal loans, in partnership with ClearScore.
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Media Academy Group boosted with six-figure new lending facility from NatWest
Deals
The funding will allow the social enterprise to acquire its head office in Cardiff and expand its support to young people
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Asset finance insurance provider Acquis eyeing French expansion with new Paris office
Appointments
Asset finance insurance provider Acquis has invested in a new Paris office as it aims to strengthen its presence in France
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Monmouthshire Building Society post rise in profits and total assets
Finance
The Newport headquartered mutual has also reported high customer satisfaction levels
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º£½ÇÊÓÆµ fintech SumUp plans London IPO amid Klarna backlash
By City AM
The º£½ÇÊÓÆµ card reader firm is in talks with investment banks and hopes to float within the next year, but is also considering New York amid concerns over the City's appeal
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Barclays chief urges government to curb public sector wages and lower banking sector taxes
By City AM
Barclays chief executive CS Venkatakrishnan has called on the government to avoid raising taxes on banks and to curb pay rises for public sector workers
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Goldman Sachs warns º£½ÇÊÓÆµ tax hikes could push interest rates higher
By City AM
Chancellor is expected raise taxes by up to 30 billion in the autumn budget
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Metro Bank appoints new corporate banking head for Wales and South West England
Appointments
She has 15 years' experience in the sector and previously worked at Lloyds
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High street banks' return to small businesses slows as approval rates fall
By City AM
The big banks have turned back to the area as the government clamps down on smaller firms' difficulty accessing finance.
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Starling Bank in talks with Morgan Stanley over secondary share sale
By City AM
The digital lender could sell shares to new investors, in a sale that could potentially raise the firm's valuation to between 3.5bn and 4bn
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Klarna's IPO may attract fintechs away from London; Monzo, Starling Bank consider listings
By City AM
Klarna's upcoming IPO has the potential to lure º£½ÇÊÓÆµ-based fintechs away from London, with Monzo and Starling Bank both reportedly considering a listing in the US
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Clearbank to power up its embedded banking services
By City AM
The challenger bank is looking to expand its API payments tech to corporate clients
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The latest acquisition and fundraising news in Welsh business
Deals
Companies featured include Zero, Moka United, PharmaGroup, Ty Nant, Knights and Innate-Essence
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New Manchester and Leeds hubs for law firm gunnercooke
Legal
Bruntwood SciTech hails firm's expansion in Pall Mall and West Village
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Challenger banks face 'existential' crisis as º£½ÇÊÓÆµ banking sector at crossroads
By City AM
The º£½ÇÊÓÆµ banking sector is facing a profitability roadblock that will give the industry's challengers an "existential" turning point, according to new data from KPMG
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The Beauty Tech Group owner plans London Stock Exchange listing as it bids to boost global growth
North West
Cheshire group's brands include CurrentBody Skin and ZIIP Beauty
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Dains continues expansion drive with latest deal
West Midlands
Birmingham-based accountancy group has acquired TBAT Innovation
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London Stock Exchange chief urges º£½ÇÊÓÆµ to fix 'underinvestment' for growth
By City AM
'We have underinvested ourselves as a nation'
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