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The Latest Breaking News from Shawbrook

Metro Bank sobers up and attracts a suitor

A lift in share price shows the market expects a deal, but Metro v 2.0 doesn’t need to jump at a takeover at any price

The Guardian - UK

Metro Bank shares surge on talk of private equity takeover

Potential uncertainty for customers and staff as Shawbrook owner Pollen Street Capital sounds out bank’s bosses

The Guardian - UK

SME bosses are increasingly confident about the future of the UK

But there are concerns about the impact of Labour’s new proposals on worker rights

Evening Standard

From analysis to the latest developments in health,
read the most diverse news in one place.

UK savers urged to act quickly for best returns as rates drop

NS&I, Shawbrook and Tandem among providers to make reductions amid flurry of such moves

The Guardian - UK

London landlords eye shift into commercial property from volatile residential market

A lower turnover of tenants and longer leases for shops and offices is drawing interest from investors

Evening Standard

Metro Bank agrees rescue deal with investors

Lender secures £325m capital from new and existing shareholders and £600m of debt refinancing

The Guardian - UK

North East deals of the week: key acquisitions, contracts and investments

Companies featuring in this week's round-up include Esh Construction, LightOx, Tailored Thinking, FAB Bakery, Develop North Plc, Three Tuns Development and McDaniels Law

Birmingham Post

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Two North East property firms seal multimillion-pound finance deals with Shawbrook

Develop North PLC and Three Tuns Development Ltd have secured finance worth a combined £24.5m from Shawbrook

Birmingham Post

Scunthorpe construction materials firm PremSeal bought out by new investment house

Almost 30 years of roofing, cladding, glazing and coldstore expertise acquired by Red Coast Industries

Birmingham Post

Thousands in line for £500million compensation payout over mis-sold holiday scheme

At the moment, the banks are set to pay £100million to those impacted however compensation payout could be as high as £500million

Daily Mirror

Lloyds Bank and Legal & General take stakes in Bristol open banking firm

Moneyhub has provided digital payment solutions for big finance, retail and telecoms brands

Birmingham Post

£4m funding boost for East Yorkshire alternative lender to aid SMEs

Funding line extended by 66 per cent after strong performance from One Stop Business Finance

Birmingham Post

Management buyout at Merseyside logistics firm H&M Distribution Group as it aims for international growth

Shawbrook provides funding package to Newton-le-Willows firm

Birmingham Post

Share your DIY disasters and unfinished projects to win professional help

All entrants need to do is complete a short online survey and share their half-started and half-hearted DIY projects in their homes

Wales Online

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