Keep up to date with the latest business and accountancy news in our weekly round-up…

 

Metro Bank wins lion’s share of RBS-funded competition scheme

Metro Bank has clinched the biggest award to date from a £775m scheme meant to boost competition in the banking sector, despite the revelation of a major accounting blunder at the high street lender last month.

Daimler, BMW to invest 1 billion euros in venture to rival Uber

German carmakers Daimler and BMW unveiled a joint ride-hailing, parking and electric car charging business on Friday to compete with mobility services provided by Uber and other tech firms.

UK consultancy market growth impacted by Brexit uncertainty

Breixt has impacted the 2018 growth percentages of UK consulting firms, Source Global Research has revealed.

Cathedral City maker Dairy Crest to be bought by Saputo

Dairy Crest, whose brands include Cathedral City cheddar and Country Life butter, has agreed to be bought by a Canadian company in a near-£1bn deal.

Accountancy funding platform Capitalise secures £33.5m Series A investment backed by QED Investors and Hambro Perks

Capitalise, which works with 105 institutional partners, will use the funding to expand the company’s could product for advisers to “navigate the ever growing market of financial products for SMEs”

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