Financial wealth in the UK grew by 7% in 2019-20 compared to 5% for Western Europe, according to a new report.

Yorkshire-based wealth manager The Private Office (TPO) has been recognised as one of the UKs top 100 companies to work for.

Assets under management for the wealth management arm of WH Ireland rose 18% to £2.18bn for the year ending 31 March as the group returned a full year profit for the first time in five years and revealed it was seeking more acquisitions.

Wealth manager and Financial Planning firm Brooks Macdonald has reported a 13.3% rise in group funds under management (£15.5bn) but revenues for its Financial Planning arm have dipped.