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Professional Services
Midland firms suffer as FTSE endures terrible week
Banking & Finance
The FTSE 100 Index is on track to suffer one of its worst weeks since the height of the banking crisis in October 2008 after suffering further falls today.
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Profits rise at Coventry Building Society
Banking & Finance
Profits have risen by more than three per cent at Coventry Building Society after increasing mortgage lending and retail savings balances.
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Squire Sanders eyes Asia Pacific expansion
Professional Services
EMBARGOED UNTIL 0400 HOURS BST 5 AUGUST
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Birmingham Post Business Awards: 2011 shortlist announced
Professional Services
The shortlist for the Birmingham Post Business Awards 2011 has been announced.
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Late payers pile on cash issues for businesses
Banking & Finance
More than a third of businesses in the West Midlands have reported suffering from cash flow problems in the first half of 2011, with 60 per cent citing late payments as the main cause, according to new research.
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Relief over interest rates decision
Banking & Finance
Business leaders in Birmingham and the West Midlands have praised the decision by the Bank of England’s Monetary Policy Committee to keep interest rates at an historic low – and say things could stay that way for up to a year.
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Umeco agrees new banking facility
Banking & Finance
Warwickshire-based Umeco has agreed a new banking relationship with HSBC and Santander Corporate Banking.
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Trinity Expert Systems snaps up London-based rival
Banking & Finance
Midlands IT consultancy Trinity Expert Systems has acquired London-based Eurodata Systems with £12 million of support from the Lloyds Bank Corporate Markets team in Birmingham.
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Paragon seeks to buy up more loans
Banking & Finance
Solihull-based lender Paragon said it was on the lookout for opportunities to buy more loans.
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The Tipton brings in new faces
Banking & Finance
The Tipton and Coseley Building Society has strengthened its finance department following two key appointments.
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Clearwater launches legal services team
Professional Services
Clearwater Corporate Finance has launched a specialist legal services team to advise on the issues facing law firms when alternative business structures come in this October.
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Barclays appoints international boss
Banking & Finance
Greg McCall has been appointed international and trade manager for Barclays Business in the Midlands.
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Students get taste of life at KPMG
Banking & Finance
Thirty students from across the Midlands will be finding out what it is like to work for a professional services firm after signing up to KPMG’s Vacation Programme.
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All change as Jane Lodge leaves Deloitte
Banking & Finance
It’s all change at Deloitte as one of the best-known advisers in the region leaves the firm.
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Investors call for new probe into collapsed Sutton Coldfield financial adviser
Banking & Finance
Pensioners caught up in a £2 million-plus trail of heartbreak and misery left by a disgraced financial adviser have called for a new police investigation.
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HSBC unlikely to pull plug on Birmingham City, say finance expert
Banking & Finance
A financial expert has said it is premature to talk about Birmingham City heading into administration despite owner Carson Yeung’s assets being frozen because of a bank charge on St Andrew’s.
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John Bright Trophy: 2010 finalists KPMG and Phoenix in showdown for 2011 title
Professional Services
KPMG and the Phoenix Group will meet in an all-accountants final of the Lord's Taverners John Bright Trophy, in a repeat of last year's final.
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New senior partner at Yorkshire Bank
Banking & Finance
Yorkshire Bank’s has recruited a former Lloyds man to the role of senior partner at its Financial Solutions Centre in Temple Row.
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Michelin Development loan boost for SPB Moulds
Banking & Finance
Michelin Development has backed a Staffordshire engineering firm with a loan that has enabled it to take on three new full-time engineers and create an apprentice role later this year.
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Brierley Hill-based AmbiRad sold to US firm
Banking & Finance
Black Country energy efficient heating systems manufacturer AmbiRad has been brought out by a US firm in an £18 million deal.
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More cuts among mutuals expected after Co-operative Financial Services job losses
Banking & Finance
A decision by Cooperative Financial Services’ to axe 670 jobs in the face of increasing red tape could herald further cuts in the mutuals sector, it has been warned.
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Tributes to Coutts partner Peter Mawdsley
Banking & Finance
Tributes have been paid to the man who brought one of the world’s leading banking brands to the city and helped it grow to 10 times its original size in just 15 years.
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John Bright Trophy: Deloitte get calculations spot-on in run chase against DTZ
Professional Services
Deloitte used their accounting skills in a hectic run chase against DTZ to reach the semi-finals of the Lord’s Taverners John Bright Trophy with two balls to spare.
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LDC invests in Wolverhampton water cooler firm Angel Springs
Banking & Finance
Birmingham-based private equity firm LDC has completed a second deal in as many days by investing in water cooler firm Angel Springs.
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