Some 160,000 financial services workers need their skills upgraded according to a new report which suggests that improving workers could provide an additional £555m a year to the UK economy.

Wealth manager and Financial Planner Succession Wealth has appointed Daniel Jones as head of mergers and acquisitions.

Financial services firms expect to be hit with a major drop in business in the next quarter due to Coronavirus, according to the latest CBI/PwC Financial Services Survey.

Optimism in the financial services sector is improving at the fastest pace since June 2015, according to the latest CBI-PWC Financial Services Survey.