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Today’s news in brief – 13/5/2024

BHP has appointed Mark Stanton as partner in its Digital Finance team to bolster its North region client base. Stanton, with two decades of experience, will support clients across various sectors in Yorkshire. His appointment underscores BHP’s growth strategy and follows the creation of new leadership roles and 34 promotions.

FRP has promoted 15 employees within its Corporate Finance team as part of its commitment to the UK’s M&A market. These promotions recognize the team’s performance amid economic challenges, including closing deals worth over £1.5bn. The move highlights FRP’s investment in talent and its support for advisors across various regions.

UK business output and confidence improved in April, driven by the services sector’s strong performance. BDO’s Business Trends report shows rising optimism, albeit cautious, amidst easing inflationary pressures. However, hiring intentions continue to decline, reflecting ongoing economic uncertainties despite anticipated interest rate cuts.

GS Verde has facilitated LBS Group’s acquisition of DG Heath (Timber Products), enhancing LBS’s brand portfolio. This acquisition expands LBS’s timber and landscaping offerings and reflects its commitment to quality and growth. The move signals a new chapter for DG Heath, now part of the LBS Family, supported by GS Verde’s transaction expertise.

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