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Professional Services
Govt needs to enforce banks' lending commitments say MPs
Banking & Finance
The Treasury needs to beef up its powers to enforce lending commitments made by part-nationalised banks in return for taxpayer support, according to a new report from MPs.
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RBS silent on multi-billion bonus claims
Banking & Finance
Part-nationalised Royal Bank of Scotland has declined to comment on reports it is preparing to hand out huge bonuses to investment bankers despite expected annual losses of £7 billion.
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Black Country stairlift firm Minivator bought by Norwegian group
Banking & Finance
Kingswinford-based stairlift manufacturer Minivator has been acquired by a Norwegian firm, signalling an exit by its private equity owners.
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Budget 2010: Accountants call on chancellor to scrap spring budget
Banking & Finance
Accountancy firm BDO is calling on the Government to scrap the Spring budget, saying the general election would render it useless.
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Venture Finance sees Birmingham boom in asset-based lending
Banking & Finance
Asset-based lender Venture Finance reported growth above the national average among its customers in the Birmingham area last year.
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Lavender Financial Management launches
Banking & Finance
A local mortgage and protection advisor has launched a new firm - Lavender Financial Management.
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Begbies Traynor launches Midland specialist forensic service
Banking & Finance
Begbies Traynor Group has launched a specialist forensic service in the Midlands headed by Martin Long, a former RSM Robson Rhodes and Grant Thornton partner in Birmingham.
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Insolvencies fall but more business failures may lie ahed
Banking & Finance
The number of corporate insolvencies in the West Midlands continued to fall during the fourth quarter of 2009, but restructuring experts are warning that the economic recovery could bring more business failures.
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Majestic-12 search engine in funding boost from eBay entrepreneur
Banking & Finance
A Birmingham search engine firm which is second only to Google in the number of webpages it has indexed has secured substantial funding from a Dutch internet entrepreneur.
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Two new appointments at Chantrey Vellacott DFK
Banking & Finance
Chantrey Vellacott DFK has strengthened its senior management team in Birmingham with the appointment of two new partners.
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Birmingham lawyers win victory for family of overdose victim David Gray
Professional Services
Lawyers from Birmingham firm Anthony Collins have won a victory for the family of David Gray, the man killed by an overseas doctor.
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Law firm Anthony Collins cuts 20 jobs
Professional Services
Birmingham law firm Anthony Collins has cut about 20 jobs from its city centre base, after becoming what could be one of the last victims of last year’s ‘white-collar recession’.
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Financial advisors Bell Chambers acquired by the AFH group
Banking & Finance
Financial advisors Bell Chambers has been bought by the regional AFH group.
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Warwickshire lawyers launch defence for man who built his own castle
Professional Services
Lawyers from a West Midland practice will continue to fight for a farmer who secretly built and lived in a castle to keep his home despite losing a High Court bid to save it from demolition.
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Barclays Corporate provides £100m debt finance for Waterloo Housing Group
Banking & Finance
The Birmingham office of Barclays Corporate has provided Waterloo Housing Group with £100 million in new debt finance to support the company’s plans to build 3,000 affordable homes.
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Thousands targeted by share fraudsters
Banking & Finance
More than 6,500 people across Britain have been warned by police that they could be the next victims of share fraudsters.
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Qualifications firm EDI buys Peter Honey Publications for £1.25m
Banking & Finance
Coventry qualifications firm EDI has acquired Maidenhead-based Peter Honey Publications (PHP) for £1.25 million.
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Former Killik & Co boss joins BRI Asset Management
Banking & Finance
BRI Asset Management has poached an ex-Killik & Co head of new clients, Hannah Edwards, to lead its new client development team.
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Arden Partners reports 15% sales rise
Banking & Finance
Birmingham stockbroker Arden Partners reported a rise in full-year revenue to £13.1 million for 2009 despite what it described as “challenging” conditions last year.
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No point taking on developing economies warns Deloitte adviser Roger Bootle
Banking & Finance
After a difficult two years, there’s no reason why the Ƶ economy cannot return to being a relative outperformer when compared to other major European countries, according to a leading economist.
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Bradford & Bingley break-up cleared by Europe
Banking & Finance
The break-up of failed Bradford & Bingley and the Dunfermline building society have been cleared by European officials.
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Birmingham lawyers Wragge & Co to open major office in Paris
Professional Services
Wragge & Co, Birmingham’s largest law firm, has announced plans to make a significant international move with the opening of an office in Paris,
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Trevor Law: Pitfalls of China investment
Banking & Finance
It is seen nowadays as an absolute article of faith that China will become the largest economy in the world sometime in the next 20 years or so and that any investor hoping to make decent returns over that period needs to increase their exposure China’s economic miracle.
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Yorkshire Bank Birmingham team refinances car rental firm Traveljigsaw
Banking & Finance
Yorkshire Bank’s corporate and structured finance team in Birmingham has doubled the facilities available to an online travel firm .
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