Accountancy firm Garbutt & Elliott, which has offices in York and Leeds, has appointed Simon Holt as Managing Director of its wealth management subsidiary, G&E Wealth Management. Mr Holt is a former Managing Director of Skipton Financial Services, the advisory arm of Skipton Building Society, which he headed up for 13 years. Russel; Turner is Managing Director of Garbutt & Elliott.

Accountancy firm Garbutt and Elliott has strengthened its wealth management subsidiary, G&E Wealth Management, with the appointment of Simon Holt as managing director. Mr Holt was previously managing director of Skipton Financial Services, the advisory arm of Skipton Building Society.

UBS Ltd has completed a deal with developers for a new 700,000 sq ft headquarters at the Broadgate estate in the City of London. Construction is expected to be completed in the final quarter of 2014. The development is expected to create a significant number of jobs.

Bonmarche, the West Yorkshire-based fashion chain, has been sold to private equity firm Sun European Partners, which also owns the Alexon and Jacques Vert brands. The agreement covers the entire chain apart from three stores, with the firm continuing to run 230 outlets and closing around 160. The store closures mean it will continue to employ about 2,400 of the chain's 3,800 strong workforce.