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Banking & Finance

Derby Silk Yard developers secure £11.9m of support
Construction
Silk Yard development, on John Street and Castleward Boulevard, is 35% reserved prior to completion
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Union says redundancies on hold at Wilko as search for buyer continues
Insolvency and Administration
GMB says any redundancies at Wilko have been suspended while administrators considers 'multiple bids'
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Cambridge and Counties secures £20m to support SMEs
Finance
In just 11 years Cambridge & Counties Bank has passed the £1bn deposits mark and £1bn lending mark
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Aon to move Birmingham team to new home
West Midlands
Professional services firm and management consultancy is relocating to the city's Colmore Building in September
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RBC Brewin Dolphin relocates Birmingham team to new office
West Midlands
Wealth management firm is one of the first occupiers to take space in newly refurbished business district office block
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'Netflix for pensions' delivered by Grimsby's niche financial communications team
Finance
Pension Geeks delivers workplace platform to roll-out and help all looking forward to retirement
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Softening demand growth curbs output charge inflation in West Midlands - report
West Midlands
Latest NatWest PMI report showed that, despite quickening since June, the rate of input cost inflation was well below most of those seen over the past two-and-a-half years
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East Mids business landscape levels but number of people in work is down, says NatWest industry survey
NatWest
Monthly PMI survey of business leaders suggests things locally are slightly worse than the º£½ÇÊÓƵ as a whole
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Mark Jackson, CEO of failed Wilko chain, thanks staff for their hard work but concedes ‘time has run out’
Insolvency and Administration
Open letter from the boss thanks 12,500 staff for their support as well as customers and suppliers
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Why Wilko administration could be only way to secure jobs of 12,500 workers – but only if right buyer steps forward
Insolvency and Administration
Strategic failures led to Wilko’s demise – and industry experts say it won't be the last casualty in 2023
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Birmingham collectibles firm ceases trading
West Midlands
Company which sold gifts from TV shows such as Peaky Blinders and Mr Bean has been hit by pandemic and cost-of-living crisis
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12,500 jobs at risk as Wilko goes into administration
Retail & High Street
CEO 'We’ve all fought hard to keep this incredible business intact but must concede that time has run out'
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The latest equity deal investment news in Welsh business
Deals
Funders and recipients include Waterspring Ventures, Operati, the Future Fund, the Development Bank of Wales, Reel Label Solutions, Imagitech and Vantestec.
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Foresight Group makes £30m addition to North East fund thanks to pension funding backing
Finance
The backing of Tyne & Wear Pension Fund now takes the firm's regional pot to £90m
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Build-to-rent arm of Lloyds buys 49 Nottingham homes
Housing
Citra Living expands its portfolio with family homes for rent in Gedling
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Ukraine war hits Black Country marine industry supplier
West Midlands
Administrators are now hoping to sell Metalast as a going concern after Dudley outfit hit by ongoing conflict
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Lloyds unveils major investment plans for city centre base
West Midlands
Banking group is planning to bolster the green credentials of its offices in Birmingham's business district
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$350m funding package secured by Prax Group as it builds working capital for growth
Finance
Independent oil business behind North Lincolnshire refinery has bolstered its balance sheet
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HSBC reports pre-tax profit of £16.9billion for the first half of 2023
Banking & Finance
The group's chief' executive described the results as 'strong'
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Birmingham door maker secures new funding
West Midlands
Knowles has used fresh injection of capital to buy new machinery
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Leeds Building Society profits fall despite record number of new members
Finance
The mutual increased its total assets to £26.9bn - the highest in its 148 year history
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Nottingham Building Society sees mortgage lending rise despite tough economic backdrop
Housing
CEO Sue Hayes, 'Our strong performance in a volatile economic environment demonstrates the progress we have made'
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Atom Bank chalks up first operating profit amid massive influx of customers
Company Results
The bank's chief executive says he expects Atom to 'eclipse' its latest figures in the months ahead
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Parliament to look into way multi-million pound pension fraud under ex-Norton Motorcycles owner was investigated
Courts
Ex-owner Stuart Garner was spared jail after moving millions of pounds of investor’s pension money into failing business
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