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Barclays taps up new city centre branch site
Banking & Finance
Banking giant Barclays has signed a 15-year lease on new premises which will become home to a new retail branch in central Birmingham.
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Orbis partners completes Elite Creations MBO
Banking & Finance
Orbis Partners has notched up its third deal so far this year - the multimillion pound management buyout of international fashion accessory firm Elite Creations.
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Five new lawyers for DLA Piper in Birmingham
Professional Services
Five Midland lawyers are celebrating taking a step up the legal ladder.
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Midland trio create new stockbroker AMP Wealth
Banking & Finance
A new firm of financial advisers and stockbrokers made up of three former Edward Jones staff has launched in Birmingham.
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Stock rally fails to lift pensions
Banking & Finance
The pensions black hole lurking within the region’s top companies grew by about £200 million last year – despite a rally in global stock markets which saw investments held by the schemes swell by almost 30 per cent.
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'Wrekin Ruby' finally finds a buyer - for just £8,000
Banking & Finance
The mysterious ‘Wrekin Ruby’, the two-kilo gemstone that caused the collapse of one of the Midlands’ most high-profile construction firms, has been sold for just £8,000 - more than a thousand times less than the value it had earlier been given.
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Wesleyan Assurance Society celebrates fund success
Banking & Finance
Colmore Circus-based mutual Wesleyan Assurance Society has announced a 20.1 per cent gross investment return on its with-profits life and pensions fund for 2009.
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VAT charge sends inflation surging
Banking & Finance
Last month’s reversal in the VAT reduction saw inflation leap to 3.5% in January - its highest level since November 2008, official figures have revealed.
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Barclays profits double as bosses forgo bonuses
Banking & Finance
Banking giant Barclays has posted record annual profits of £11.6 billion for 2009 as its two most senior bosses turned down bonuses for the second year in a row.
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Freeth Cartwright names new head of insolvency
Professional Services
The Birmingham office of Midlands law firm Freeth Cartwright has appointed Midlands insolvency lawyer Mike Gilmour to head up its Colmore Row-based insolvency practice.
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Nearly 60 per cent of business loan applications turned down by banks
Banking & Finance
Almost two out of three businesses seeking bank finance in the past year have been turned down, often forcing them to fund their firms with credit cards, new research has revealed.
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Inflation could be good for country claims economist
Banking & Finance
Higher inflation would be good for the economy according to a former MPC member.
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Giant bonus pot expected as Barclays profits soar
Banking & Finance
Banking giant Barclays is to post record annual profits of more than £11 billion tomorrow - triggering huge payouts for legions of its investment bankers.
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Ladies' golf group joins Blythe Liggins legal roster
Professional Services
The English Women’s Golf Association (EWGA) has become the latest sporting body to join Leamington law firm Blythe Liggins.
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Clearwater Corporate Finance advises on Bunzl acquisition of Clean Care
Banking & Finance
The Birmingham office of Clearwater Corporate Finance has advised on a cross-border deal which saw a Danish cleaning supplies firm sold to global outsourcing group Bunzl.
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Car Crash Line MBO saves 160 jobs
Professional Services
Restructuring and insolvency specialists at Shoosmiths have helped save 160 jobs at a national car insurance services provider.
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Business profile: Senior Prosecutor Peter Grieves-Smith
Professional Services
It’s hardly a secret but nothing sells books or TV drama like murder.
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Law firm Linders Myers acting for TNT workers in pay row
Professional Services
Shropshire law firm Linders Myers is acting for Midland workers at the TNT delivery company who are taking action over proposed pay cuts.
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Home reposessions 'at highest point since 1995'
Banking & Finance
Home reposessions have soared to a 14-year high, according to recent figures.
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New KPMG regional chief Steve Hollis wants more plcs in Midlands on the map
Banking & Finance
The man lined up for one of the top financial roles in the Midlands has said he wants to help create a “new generation of plcs” in the region.
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Fraud reporting service launched in the West Midlands
Banking & Finance
A new service has been launched which aims to get people to overcome their embarrassment at being a victim of fraud and report it to the authorities.
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Odyssey Corporate Finance journeys to Qatar
Banking & Finance
Odyssey Corporate Finance is marking the end of its first year by launching a Qatari office to help the country’s sovereign wealth fund build a long-term economy for the oil nation.
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Close Asset Management appoints new client advisor
Banking & Finance
Close Asset Management has expanded its Birmingham with the appointment of Max Edwards as intermediary client advisor.
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KPMG announces Steve Hollis as new Midlands top man
Banking & Finance
Financial giant KPMG has announced the appointment of Steve Hollis as the next top man in the Midlands.
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