Leeds-based finance firm boss Francis Wainwright has been sentenced to seven years in prison after admitting running a £20m Ponzi scheme which cheated elderly and vulnerable investors.

Legal and financial services provider Irwin Mitchell has acquired Leeds-based wealth manager Andrews Gwynne LLP.

Wealth manager JM Finn has relocated its Yorkshire office after 20 years in Leeds to York to allow expansion as the team grows.

The Centre for Finance, Innovation and Technology (CFIT), a new government-backed national hub for fintech, launch in Leeds yesterday to boost growth and innovation in the UK.