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Professional Services

Melrose cuts debt pile with £26m company disposal
Banking & Finance
Warwickshire industrial investor Melrose took another bite from its debt pile with a £26m disposal of one of its companies.
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Graduates’ loans reducing, as RPI goes negative
Banking & Finance
About 390,000 graduates with outstanding student loans saw their interest rates turn negative yesterday in a move which will reduce debts over time even without repayments.
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2plan sets up Birmingham shop in St Paul's
Banking & Finance
National IFA 2plan Wealth Management will be opening its first Midlands location at 25 St Paul’s Square in the Jewellery Quarter.
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Banker becomes first Challinors development director
Professional Services
A top banker has been taken on as the first development director at Midlands law firm Challinors as the company looks to strengthen its hold on the local market.
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Paul Kimberley is new man at W&S
Professional Services
Solihull and Birmingham law firm Williamson and Soden has received a boost in the shape of the recruitment of highly experienced Notary Paul Kimberley.
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Walsall's Enoch Evans expands in its 125th year
Professional Services
Enoch Evans, the largest law firm in Walsall, is expanding as it celebrates its 125th anniversary.
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Corporate activity still scarce in construction despite recovery
Banking & Finance
Corporate activity among construction businesses is still shrinking, even though the sector as a whole is showing signs of recovery.
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HMRC’s offshore account demands could catch out many, say Ernst & Young
Banking & Finance
Yesterday, the Government launched a scheme allowing tax evaders to come clean.
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Lloyds takes £45m Exchange share in private equity deal
Banking & Finance
The private equity arm of the Lloyds Banking Group has taken a £42 million controlling stake in a Warwickshire company that makes support technology for the financial services sector.
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Employers and workers praised for help in minimising job losses – Grove director
Banking & Finance
Halesowen accountancy firm E R Grove & Co has praised the efforts of workers and employers to try to minimise job losses.
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Lehman Brothers' US parent company faces $100bn claims from its Ƶ arm
Banking & Finance
Administrators of the Ƶ arm of Lehman Brothers said they were preparing up to $100 billion (£61.7 billion) in claims against the US parent as the year anniversary of the bank’s collapse nears.
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Lloyds makes Scottish C&G sell-off offer to appease Brussels
Banking & Finance
Lloyds Banking Group has offered to sell the Scottish branches of Cheltenham & Gloucester to appease the European Commission, according to reports.
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Evolution profits boosted by Birmingham team
Banking & Finance
The Birmingham office of Williams de Broe, part of the private client arm of stockbroker Evolution, is making a strong contribution to the group’s profit and revenue as West Midland investors regain their taste for risk amid signs the recession is ending.
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Young drive up insurance costs by not possessing it
Banking & Finance
One in five young motorists is breaking the law by driving without insurance – and many of them are on the roads of the West Midlands, research into the problem has found.
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Lloyds Bank to axe 200 jobs in insurance division
Banking & Finance
Lloyds Banking Group is to cut 200 jobs from its general insurance arm, bringing total losses at the bank to 7,500 this year.
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Buyers start to return to the housing market
Banking & Finance
The number of mortgage approvals jumped to a 17-month high during July as buyers continued to return to the property market.
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'Underemployed' lawyers turning to pro bono work, says Law Society
Professional Services
The rise in ‘under-employed’ lawyers has meant a surge in pro bono work being done, despite fears it would be receding because of the economic downturn, the Law Society has claimed.
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DNA testing in the spotlight
Professional Services
The question of the parentage of Michael Jackson’s children has put DNA tests firmly on the front pages of the tabloids again.
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RBS latest to reduce pay-outs on final salary pension scheme
Banking & Finance
Royal Bank of Scotland is the latest in a long line of companies to make changes to its final salary pension scheme to make it more affordable.
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Sports clubs in legal spotlight after Harlequins 'bloodgate'
Professional Services
A Midlands law firm has warned that sports clubs will be under the legal spotlight after the Harlequins “bloodgate” rugby scandal.
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Baby P case causes a surge in abuse claims
Professional Services
Tragic cases of child abuse are causing a surge in the number of personal injury claims against local authorities.
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Admiral car insurance group sees 5pc rise in half-year profits
Banking & Finance
Diamond and elephant.co.uk car insurer Admiral has set its sights on further overseas growth after revealing a five per cent rise in half-year profits.
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Midlands firm Reynolds and Co accuses HMRC of 'big brother' tactics in consultation
Banking & Finance
Midlands accountants Reynolds and Co has accused HM Revenue & Customs of ‘big brother’ tactics because of a new consultation document released by the body that would give it unprecedented new powers to demand trading information from companies.
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Why Liechtenstein cracked on tax evasion
Banking & Finance
Earlier this month the secretive tax haven of Liechtenstein agreed a deal to open up its banking system to British tax scrutiny.
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