Finder Renaming Painstakingly Slow

I work a lot with arranging documents so this is becoming a real issue.

Has anyone found any workaround for this? Bought M1 MacBook Pro 16GB RAM a few years back and it was fine until a big update happened around 1 and half year ago or so, I cannot remember which update it was though.

The renaming process has become so slow no matter whether I right click and select it from the pop-up, or click on the title of files / folders whilst one is already highlighted.

Any advice would be great as this is really bugging me now. The right click option to rename from there is faster, but I dont want to be doing this every time.