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Professional Services

Amery Parkes pension scheme members fight plan to cream off two-thirds of surplus to parent group Clarke Willmott
Banking & Finance
Members of a Birmingham law firm’s pension scheme are fighting plans to cream off 69 per cent of a £503,000 surplus directly to parent group Clarke Willmott.
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HSBC boss fears second slump in economy
Banking & Finance
HSBC boss Michael Geoghegan has delayed expansion plans because of concerns over a second downturn.
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Experts’ V or W for rapid economic recovery
Banking & Finance
Annie Gregory spoke to some of the region’s leading business and finance figures to discover their views on the prospects of a rapid economic recovery.
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Debtline creates 47 jobs thanks to £5.85m funding boost
Banking & Finance
A Birmingham-based charity which helps tackle debt problems has taken on dozens of advisers to cope with an upsurge in demand due to the recession.
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Phillip Shaw says GDP figures ‘likely to show economic growth for first time since beginning of 2008’
Banking & Finance
The Ƶ economy is set to grow again for the first time in nearly two years despite “unparalleled” post-war conditions, a high-profile West Midland business dinner heard.
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Businesses in Birmingham find rate bills set to fall next year
Banking & Finance
Businesses in Birmingham received a boost yesterday after many found their rate bills were set to fall next year.
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Icon Polymer MBO is latest for resurgent LDC
Banking & Finance
Resurgent private equity firm LDC has backed another deal in the Midlands with the management buy-out of manufacturing firm Icon Polymer.
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New legal ombudsman to set up in Birmingham
Professional Services
Hundreds of jobs could be created in Birmingham after it was confirmed that a new ombudsman for the legal sector would be setting up shop in the city.
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Bigger banks opposing tougher capital requirements
Banking & Finance
Larger banks are resisting efforts to impose tougher capital requirements on institutions deemed “too big to fail”.
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Computer glitch hits credit-card updates at Lloyds TSB
Banking & Finance
A computer glitch at Lloyds TSB could see many of its credit-card customers face problems borrowing further cash, as the bank has fallen behind in updating its records with credit rating agencies.
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Ombudsman scheme for legal services to open in Birmingham
Professional Services
The Office for Legal Complaints (OLC) has chosen Birmingham as the new home for the Ombudsman scheme for legal services it is setting up.
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R&D tax rules change could stifle growth, accountants say
Banking & Finance
Tightening rules on research and development tax relief would stifle the Midlands’ future growth, corporate adviser Grant Thornton has warned.
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Local advisers arrange private equity funeral buyout
Banking & Finance
A team of Midlands advisers have arranged a private equity buy-out of a local funeral services group.
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Lloyds TSB team tucks into new DBC Foodservice funding facility
Banking & Finance
A team of bankers at Lloyds TSB has arranged a £35 million funding deal for one of the country’s largest food suppliers.
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Halesowen-based Johnston Park McAndrew enters environmental and waste management sector
Banking & Finance
A West Midlands commercial insurance broker has made the first move into what it believes is a growing environmental and waste management sector, by securing spillage cover for a company that transports liquid waste.
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Former bank director Peter McKeown joins Clearwater Corporate Finance
Banking & Finance
Former bank director Peter McKeown has joined Clearwater Corporate Finance as a senior consultant.  His role will be to help businesses with reviewing their funding structures, assist with negotiations with their banks and to find new sources of funding.
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New job, new challenge for top regional accountant Sally Beavan
Banking & Finance
Top regional accountant Sally Beavan – who became a surprise victim of the credit crunch shortly before taking over at the top of the industry body – has started work again at the new office of bank Santander.
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Bradford and Bingley eyes future in mortgages
Banking & Finance
Nationalised lender Bradford & Bingley hopes to stave off eventual closure by turning itself into a mortgage services firm.
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New figures cast doubt on success of quantitative easing in reviving economy
Banking & Finance
More doubts over the Bank of England’s £175 billion efforts to aid the economy have emerged after figures showed money growth slowed during August.
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Lack of access to funding hitting confidence of small firms says survey
Banking & Finance
Small businesses believe they will prosper and grow as Britain heads out of recession – if lenders start making money available again.
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Debt repayments reached a record high in August
Banking & Finance
The extent to which consumers are tightening their belts was demonstrated yesterday by figures that showed debt repayments reached a record high in August while the household savings ration in the second quarter of 2009 was the highest for five years.
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No5 Chambers to fly the flag at New Delhi trade conference
Professional Services
A group of barristers in Birmingham is giving businesses across the Ƶ the inside track on establishing profitable trade links with India.
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Challinors promotes two former trainees to partner
Professional Services
Midlands law firm Challinors has promoted two of its litigation lawyers to partner.
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Wragge advises Leicester Tigers on Channel Islands flotation
Professional Services
Birmingham legal giant Wragge & Co has advised Premiership rugby champions Leicester Tigers on the club’s flotation on the Channel Islands Stock Exchange.
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