Finance News

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RBS and Natwest reveal branch closures in the triple digits with 470 jobs at risk

Billy Wood

UK banking giant the Royal Bank of Scotland (RBS) has announced it is to shutter 158 branches across its RBS and Natwest businesses as more consumers opt for online banking…

Revolut has launched its new Premium subscription service.
Revolut takes step closer to neo-bank status with Prime-style premium subscription

Billy Wood

London-based FinTech startup, Revolut, has taken another step closer to becoming a fully fledged neo-bank after launching another new financial product and announcing a new £4m crowdfunding campaign as part…

Moneycorp’s London HQ.
Brexit fuels international income growth at FX firm Moneycorp

Billy Wood

London-based currency and international payments firm, Moneycorp, has revealed robust growth across its business operations as Sterling’s post-Brexit volatility has driven demand for its FX advisory services. According to the company’s…

Sunrise over Liverpool
Liverpool deals drop to £342m following Brexit vote

Richard Bell

The combined value of transactions made by Liverpool-based professional advisors passed the £342m mark in 2016, according to new data. The figure, representing a year-on-year dip of 13%, was highlighted in…

Lee Hartley, Fairstone Group CEO
Three new businesses link up with financial planning firm Fairstone

Jamie Hardesty

North East financial planning firm Fairstone Group is continuing to grow via its Downstream Buy Out programme, announcing that three new firms have joined its ranks. The deals bring a total…

Karan Sejpal, regional head, North West and Yorkshire at UBS Wealth Management.
Article 50 proves to be ‘of little significance’ to Yorkshire investors, survey claims

Nick Hill

Despite the UK government triggering Article 50 later this month, investors in Yorkshire have not been deterred from investing in the UK by the vote to leave the EU. A new…

The Isle of Dogs From the South Bank
LendInvest completes ‘one of its biggest loans yet’ with £12m deal for Canary Wharf site

Billy Wood

Alternative property lender, LendInvest, has announced it has completed its first loan syndication of a £12m property loan in partnership with Merseyside Pension Fund. The loan, which is secured against a…

Image: Jessica Spengler / Flickr
IW Capital launches new debt arm with multi-million pound financing for Lancashire pub company

Billy Wood

Lancashire pub management group, Inglenook Inns & Taverns, has closed a finance deal with IW Capital that will see it acquire a portfolio of 11 freehold and long-leasehold pubs across…

Neil Harrold, North East chair of R3
North East to host leading insolvency conference for first time this month

Jamie Hardesty

Industry trade body R3 will host its annual Northern Conference in the North East for the first time this month. Held at Ramside Hall Hotel, near Durham, the event will see…

Former Rugby union star Andy Goode, who has joined moneycorp.
Former England rugby star completes conversion from fly-half to corporate FX trading

Billy Wood

FX services firm Moneycorp has welcomed a former professional rugby player to its senior team following the England star's retirement from the game last year. Former Leicester Tigers fly-half, Andy Goode…

Starling Bank has announced a new partnership with TransferWise.
How London’s FinTech upstarts are joining forces to take on the banks and big finance

Billy Wood

A favourable regulatory environment and active venture capital community has made London a hotbed of FinTech innovation in the past five years or so. Mingling the City’s centuries old ‘fin’ pedigree…

Darlington branch manager Gemma Manson
Newcastle Building Society invests in new Darlington premises

Jamie Hardesty

Newcastle Building Society has announced it will open a new Darlington branch in May later this year. The Society's existing Darlington branch, on Skinnergate, will remain open until the new branch…