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Home
Professional Services
Banking & Finance
Banking & Finance
Record results for Leicestershire building society
Housing
CEO - 'The results demonstrate our commitment to provide all customers with good outcomes'
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Wolverhampton homeless charity banks £11,000 NatWest donation
Finance
The Good Shepherd supports people experiencing homelessness and people at risk of homelessness
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Fresh £400m Midlands Engine Investment Fund set for 2024 launch
SMEs
MEIF II will have three tiers – smaller loans of £25,000-£100,000, debt of £100,000-£2 million and equity up to £5 million
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Development Bank of Wales reports big rise in equity investment
Deals
The development bank it increase the value of equity investment in its last financial year by 97%
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£660m new Northern Powerhouse Investment Fund to launch next year
Finance
Call goes out to fund managers
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Number of equity deals for Welsh SMEs up but their value fall
Deals
The British Business Bank has published its latest Small Business Equity Tracker
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Software firm secures £2.25m investment deal
West Midlands
OneUp Sales will use the capital to develop its platform which aims to help businesses manage and motivate sales teams
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The latest equity deals and investment news in Wales
Deals
Equity raising firms include Riva º£½ÇÊÓÆµ, Hugh James and Halo Therapeutics
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Fairstone eyeing workforce growth with move into Nike's former Sunderland HQ
Finance
Wealth manager says it hopes to employ about 120 more people at the Doxford Park site
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º£½ÇÊÓÆµ oil independent Prax secures $1b finance facility extension following upstream addition
Energy
Major global banks stand behind owner of Lindsey Oil Refinery
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How crooks are using mule accounts to move scam money
Crime
People who share their accounts can be lured into crime through promises of low risk, easy cash
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Buoyant demand fosters further growth of new business and output - report
West Midlands
West Midlands companies benefited from positive demand trends in May and responded to this by creating more jobs and lifting business activity
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Expanding dog treat business has international tails wagging for Grimsby fish
Food and Drink
Skipper's Pet Products has expanded to feed demand from surge in pet owners post lockdown
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Dubai group swoops for Wolverhampton finance firm
West Midlands
Aroma Global has purchased investment consultancy MitonOptimalPortfolio
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Regulator approves Newcastle Building Society takeover of Manchester Building Society
Deals
The merger - which takes place in agreement with the Building Societies Act 1986 - will take effect from July 1
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North Yorkshire's IDR Law secures £3.25m BGF investment to mount expansion plan
Law
The specialist firm is now looking to expand into the Midlands, the North East and London
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The huge number of people in Wales struggling to pay their bills
Finance
Financial services sector regulator the FCA said that borrowers can get help from their lenders
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Administrators find £81m potential shortfall in WealthTek client money as director's assets frozen
Finance
The Financial Conduct Authority says it is investigating the firm and its founder John Dance over potential regulatory breaches relating to client money and custody assets, and criminal offences of fraud and money laundering.
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The South Wales town of Risca is getting its own banking hub
Finance
A banking hub for the town has been approved by LINK
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Atom Bank appoints former Virgin Money man Lee Rochford as chairman
Appointments
Mr Rochford helped Virgin Money to float on the London Stock Exchange in 2014
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All female leadership duo at Beverley Building Society as Karen Wint becomes chair
Finance
She joins CEO Janey Bedford at the helm as Stuart Purdy steps down on the back of the latest strong results
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Growth of new business and activity extended into a third month - report
NatWest
Input cost inflation softened in April but demand resilience facilitated a sharper increase in output charges, says latest NatWest PMI report
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Higher interest rates help Cambridge and Counties Bank profits rise 54 per cent
Company Results
CEO says excellent financial performance benefitted from 'higher rates in this more uncertain environment'
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The latest equity and acquisition deals in Welsh business
Deals
Companies featured in deals include UPVC Direct, Cansford Laboratories, Carreg, Holyhead Towing Company, TXO and SCS Engineering
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