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Professional Services

Malcolm Fowler represents Law Society on Iraq refugee call
Professional Services
A Birmingham lawyer has become the spokesman for the Ƶ’s legal industry in condemning an attack by Iraqi forces on a refugee camp.
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IFAs welcome change in rules on legal referrals
Professional Services
A Midland independent financial adviser has welcomed a new ruling that changes how solicitors refer clients who need financial advice.
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MBOs to rise because of new tax bracket
Banking & Finance
The new 50 per cent income tax rate for high earners could encourage many owner managers to sell up and trigger a round of management buy-outs, according to Clearwater Corporate Finance.
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Shares in China not a problem for AIM
Banking & Finance
Soaring Chinese firms are proving to be the exeception to the worldwide shares markets, according to finance firm Grant Thornton.
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Nervous banks means record lending for Aston Reinvestment Trust
Banking & Finance
The Aston Reinvestment Trust, the Birmingham-based small-scale business lending service, says it is running at a record level, with banks still too wary to lend the money the market is asking for.
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Cattles Invoice Finance bought by the AnaCap private equity fund
Banking & Finance
Business lender Cattles Invoice Finance has been bought from its parent company by the AnaCap private equity fund in a £70 million deal.
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Benefit pension schemes shortfall eases
Banking & Finance
The funding shortfall faced by defined benefit pension schemes eased slightly last month on the back of rising stock markets.
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Stephen Denning adds experience to new Barclays role
Banking & Finance
Barclays Wealth Financial Planning has hired experienced financial planner Stephen Denning, to work in its Birmingham office.
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PwC in the Midlands makes four directors into partners
Banking & Finance
PricewaterhouseCoopers in the Midlands has promoted four directors to the partnership.
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Employee share ownership scheme take-up plummets to 16-year low
Banking & Finance
Employee participation in share ownership schemes has plummeted to a 16-year low, says UHY Hacker Young, the Birmingham accountancy firm.
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Take business minutiae off your mind by outsourcing
Banking & Finance
Outsourcing is one of the few benefits of the recession, according to Guy Morgan, a partner with Midland accountants and business advisers Horwath Clark Whitehill.
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Owners with two homes should retain the right to flip says PKF expert
Banking & Finance
Home owners should not lose out on valuable tax breaks just because of the MPs’ expenses scandal, an expert has suggested.
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Midlands companies reluctant to start hiring again
Banking & Finance
More than a third of Midlands-based companies are too lean to take advantage of what they see as improving trading conditions, a new study has claimed.
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Straight Business Solutions takes on three new business finance advisers to act like 'old-fashioned bank managers'
Banking & Finance
Straight Business Solutions, based in St Paul’s Square, Birmingham, has taken on three new business finance advisers for the region to cope with demand from the SME marketplace for all types of business finance and grant funding.
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Home credit and motor finance specialist S&U has told investors it is trading in line with market expectations despite rival lenders struggling with the credit crunch.
Banking & Finance
The Solihull-based group, which provides finance for 140,000 people throughout the country, said current trading and profitability within its home credit division was “very satisfactory” and is encouraging for the full year outlook.
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Watch out for Companies Act, lawyers warn
Banking & Finance
A legal firm is urging West Midlands business owners to pay close attention to the final stage of the legislation which directly affects their company structure.
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Twin deals could be ray of light for Pinsent Masons
Professional Services
Law firm Pinsent Masons has played a part in two strong deals – in a year in which plummeting income from corporate work has meant potential job cuts at the international firm.
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Liechtenstein tax haven investors urged to come clean
Banking & Finance
The tax haven of Liechtenstein has signed an agreement aimed at uncovering the finances of an estimated 5,000 British investors with secret bank accounts there.
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Life assurance shake-up as Friends backs takeover by Resolution
Banking & Finance
A wholesale shake-up of the Ƶ life assurance business is in prospect after Friends Provident agreed a £1.86 billion takeover by Clive Cowdery’s acquisition vehicle Resolution.
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Warning of Ƶ economy moving to Japan-style “lost decade”
Banking & Finance
A former Bank of England rate-setter has said the struggling Ƶ economy is still in danger of slipping into a Japan-style “lost decade”.
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Resolution in new Friends Provident takeover approach
Banking & Finance
Life insurer Friends Provident looked ready to bow to suitor Resolution after it reopened talks on a fourth takeover approach worth £1.86 billion.
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West Bromwich Building Society move to Birmingham 'unlikely'
Banking & Finance
The West Bromwich Building Society yesterday played down claims that it is considering moving its headquarters to central Birmingham.
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West Midlands' private sector economy returns to 'slight' growth
Banking & Finance
The West Midlands’ private sector economy grew in July for the first time in more than a year, a survey of the region has shown.
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New manager boost for £2.5m Colmore Business District improvement project
Banking & Finance
Plans for £2.5 million work to improve the Colmore Business District will step up a gear after a district manager was appointed.
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