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Banking & Finance

Accounting watchdog the FRC says that it is investigating the Deloitte audit of Joules' 2021 accounts
Accountancy
In a short statement on its website it said the investigation did not relate to anyone other than the auditor
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Virgin Money profits fall amid higher provisions for customer arrears
Company Results
The bank played down cost of living fears and said its lending books showed no signs of stress
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Danske Bank first quarter profits jump on increased transaction and interest rates
Banking & Finance
It made £48.9 million in the first three months of 2023
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East Midlands jobs news from Toyota, Star Trust, Collis, Access Group, WBR Group, Fisher German and more
Employment
Appointments and promotions include new head of PR at car giant and chief marketing officer at global software group
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Mattioli Woods takes big stake in Lincoln mortgage specialist White Mortgages – with option to buy the lot
Deals
White Mortgages was founded in 2011 and provides independent mortgage advice
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Aviva supporting 1,000 new jobs with £20m investment in low carbon home builder
Housing
New TopHat plant – said to be Europe’s biggest modular housing factory – is set to open in the summer of 2024
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Treorchy is getting its own banking hub
Finance
The hub from LINK comes after the closure of the town's last remaining high street bank branch
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All the latest East Midlands appointments and promotions
Appointments
Changes at Clayton & Brewill, V Formation, Hospital Services, Redrow Homes, Nottingham and East Shilton building societies, Colton Packaging and more
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West Midlands a hot spot for employee fraud, says RSM
Crime
Reported employee fraud in the West Midlands hit almost £7.8 million in 2022
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Reduced price pressure accompanies stronger new business growth in the West Midlands - report
West Midlands
Latest NatWest PMI report says demand growth rebounded to a one-year high which in turn underpinned a solid expansion in output
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Private equity investors Foresight Group launch Newcastle office amid £20m addition to regional fund
Finance
Foresight's North East Fund has secured funding from the British Business Bank
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Access Group creating hundreds of jobs in Europe as it launches string of global operations centres
European Union
New offices in Romania and Ireland will help group scale up its already substantial global presence
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Newcastle's WealthTek and Vertem Asset Management shut down by financial watchdog
Finance
Special administrators are now handling the group's affairs
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Atom Bank eyeing major fundraising step, reports claim
Finance
The digital bank has said it is keeping its funding options under review
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£30m funding pot secured by Myenergi to accelerate business development strategy
Finance
HSBC backing for smart technology producer behind car charging, storage and optimal energy use devices
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The latest equity deals supporting the growth of Welsh firms
Deals
Equity raising firms include Idwal, Lovetovisit and B2 Enterprising
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US finance group swoops for Birmingham Bank
West Midlands
Better said it was now planning to create 40 new jobs in the city on the back of buyout deal
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SWIG Finance named 'business support partner' for British Business Bank scheme
business support
SWIG Finance, which has offices in Truro, Exeter and Bristol, will work with Start Up Loans, part of the British Business Bank
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Cooper Parry continues acquisition trail
East Midlands
East Midlands accountancy firm has completed its third buyout deal in as a many months
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Start Up Loans programme unveils new business support partner
Finance
Enterprise Loans East Midlands will assist programme with funding SMEs across both the West and East Midlands
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Wolverhampton to host inaugural NatWest regional growth conference
West Midlands
Business leaders will join chief executive Alison Rose in the Black Country next month for first in series of conferences aimed at helping drive regional economic growth
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More NatWest branches to close in the West Midlands
West Midlands
High street bank has announced the latest sites to be shut in the region as it continues to trim its portfolio of banks
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Porthcawl to get its own banking hub
Retail & High Street
The investment by LINK follows announcements to closure the town's two remaining bank branches
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East Yorkshire alternative lender passes £20m funding milestone
Finance
One Stop Business Finance now aims for £30m target ahead of 10th anniversary
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