Manchester’s top firms have shown a slowdown in growth for the second year running. The top seven firms in Manchester have grown by an average of about 11% over the past year, compared to 15% last year and 20% in 2000.

Pannone & Partners has broken the £20m barrier and notched up the largest growth in turnover, with an 18% rise up to £21m, while Addleshaw Booth & Co has remained on top for overall fee income with a turnover of £34.1m in Manchester.