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© 2024 a Reach plc subsidiary
HSBC
08:17, 2 MAY 2024
Smiths News trading in line with expectations despite profit fall
Company Results
The newspaper and magazine distributor said it had reduced net debt and agreed a new financing facility with its lenders
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HSBC group chief Noel Quinn to retire from role
HSBC
He said it had been a “privilege” to lead the company
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Dozens of banks to close in the North West this year
North West
Use our interactive map to spot branches that have closed near you
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PR guru Lynne Franks to open business club for women in Somerset
Somerset
The communications expert says she has set up the members club in response to increasing demand for space dedicated to women
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Security company involved in King Charles' coronation acquires Gloucestershire firm
Deals
The business also supplied hundreds of professionals for Queen Elizabeth's funeral
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Port of Milford Haven secures new £40m funding line to support diversification plans
Swansea Bay City Region
The new lending facility is with HSBC
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Hospitality group expanding in Manchester and Liverpool wins £60m funding from Santander, HSBC and Barclays
Deals
Banks praise 'innovative business in the hospitality sector'
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Medical device company building new HQ and creating 300 jobs
Finance
Spectrum Medical has secured a major funding package from HSBC
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Closing the funding gap: How new taskforce aims to boost innovative North West startups
Technology
‘Wired for Growth is the North West’s call to arms to scale the innovative companies of the future’
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North East deals of the week: key contracts, investments and acquisitions
Deals
Companies featuring in this week's round-up include IG Group, Kromek, Knights, and Asbestos Audit
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New chapter for Rotala following MBO
West Midlands
Family-run firm has a new leadership team in place as it looks to expands it transport services in multiple regions
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IG Group snaps up Crosby Catering Supplies in seven-figure acquisition
Deals
Newcastle-based Crosbys has been bought from Unitech Industries Limited in a deal backed by HSBC Bank
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HSBC fined £57.4m by Bank of England for failing to protect customer deposits
HSBC
It is the second-highest penalty ever imposed by the UK central bank's Prudential Regulation Authority
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HSBC unveils first 'cash pod' and vows not to announce any new branch closures in 2024
HSBC
The so-called pod in North Somerset is the first of 10 that the banking giant is planning to open this year
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Nationwide to offer safe spaces to people suffering domestic abuse
People
More than 400 branches across the UK will be involved in the scheme
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Willow basket manufacturer expands into new premises with seven-figure investment
Somerset
Somerset Willow, in Bridgwater, has been operating for over 60 years
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Six former Lloyds pharmacies in Wales under new ownership
HSBC
West Midlands-based Jhoots Pharmacy has acquired 36 Lloyds pharmacies across the UK supported by a new £17.4m funding line from HSBC
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HSBC UK backs pharmacy chain Jhoots in acquiring 14 South West pharmacies
Deals
The pharmacy chain has acquired 36 community pharmacies
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The latest promotions, appointments and jobs news in Welsh business
Appointments
New roles include at Savills, Lexington Corporate Finance, Effective Communication and Paramount
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Landmark Teesside wind tech factory firm secures £367m funding deal
Deals
The £500m SeAH Wind UK facility will be the world’s largest monopile facility once it is complete
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Higher borrowing costs help more than double HSBC’s quarterly profit
HSBC
More customers moving cash into accounts with higher savings rates
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New sandwich shop to open in Birmingham city centre
West Midlands
Shokupan is launching next week in Grand Central after its predecessor in the city's business district closed down last year
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Valleys firm W.D. Lewis expands with new concrete block plant
HSBC
The family-owned firm's investment has been financed by HSBC
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Law firm Osborne Clarke secures funding package to accelerate overseas growth
International
The Bristol-founded company wants to further expand into the US, Europe and Asia
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