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Professional Services

Directors' report shows lasting impact of recession
Banking & Finance
Nearly half of company directors say their operating model has been ā€œpermanently alteredā€ by the global economic downturn.
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Thursfields bolsters its employment team
Professional Services
West Midlands and Worcestershire law firm Thursfields has brought in two new lawyers to its employment team.
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St Philips appoints Chris Owen as chief exec
Professional Services
St Philips, one of the top barristers chambers in Birmingham, has announced one of the barā€™s most experienced managers as its new chief executive.
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Birmingham solicitors give free support to YMCA project
Professional Services
Wragge & Co, Birminghamā€™s biggest law firm, has stepped in to help on the building of a Ā£13.5 million sustainable home for the YMCA in north Birmingham.
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Home insurance policies paying out for employment tribunals
Professional Services
There has been a rise in the number of employment tribunal claims being backed by home insurance policies, according to law firm Pinsent Masons.
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India is land of opportunity for law firms
Professional Services
While recession grips the world, one of its quickest-growing economies is still on the up ā€“ and needs the legal services to back it up.
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Survey finds more Midlands businesses suffering from bad debt
Banking & Finance
A new study carried out among accountants in Birmingham found almost three-quarters have seen an increase in their clients suffering with bad debt in recent months.
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Mortgage approvals show annual rise
Banking & Finance
The big banks approved 31,162 mortgages for house purchase in May, up from a low of 17,953 in November last year and 15.8 per cent more than in May, 2008.
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Bank of England economist sees easing of credit crunch
Banking & Finance
The Bank of England sees signs that its immense programme to feed invented money into the economy is starting to ease the credit crunch.
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London snobs steering clear of Stoke
Professional Services
So you have lost your job at the City law firm.
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Hester offered Ā£9.6m to lead RBS revival
Banking & Finance
Royal Bank of Scotland chief executive Stephen Hester is in line for a Ā£9.6 million pay package if he leads a turnaround of the ailing lender.
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Struggling lender Cattles bids for breathing space on debts
Banking & Finance
Struggling consumer lender Cattles has begun talks with its creditors in a bid to gain more breathing space over debts.
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Aon warns stock market needs to rise to restore pension levels
Banking & Finance
The stock market needs to rise for a further nine months before private pension assets return to 2007 levels, experts claimed yesterday.
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Is ā€˜investment utopiaā€™ viable?
Banking & Finance
With many of the worldā€™s economies in recession and equity, property and corporate bond markets under extreme pressure, it is little wonder that investors are seeking alternative homes for their money.
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Make sure you're covered for festival fun
Banking & Finance
An army of about 180,000 music fans will head for the Glastonbury Festival at the end of June ā€“ and many wonā€™t notice they have gaping holes in their insurance policies as they set off.
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Is confidence growing in housing market?
Banking & Finance
Consumersā€™ confidence in the housing market is increasing, with nearly half of people expecting prices to rise during the coming year, research has shown.
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Storms highlight folly of not renewing insurance policies
Banking & Finance
Short, sharp storms brought chaos to householders throughout the country this week, prompting new insurance claims for flooding, storm damage and lightning strikes, according to AA Insurance.
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Pension annuity age rise warning
Banking & Finance
Many older workers have not realised that the earliest age at which they can take an annuity to provide a pension income rises from 50 to 55 in April 2010, which means anybody born since April 6, 1960, canā€™t take a pension until after April 6, 2015.
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Falling tax revenue hitting budget
Banking & Finance
The runaway cost of Chancellor Alistair Darlingā€™s temporary 2.5 per cent cut in VAT combined with something approaching a collapse of revenues from corporation tax is already pressing hard on the Chancellorā€™s Budget arithmetic for the 2009/10 tax year.
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Government hedge fund warning
Banking & Finance
The Government was yesterday urged to resist agreeing to new European regulations on hedge funds.
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Re-mortgaging fall hits total lending
Banking & Finance
A continuing fall-off in re-mortgages caused a dip in total mortgage lending last month even though activity in the housing market improved slightly.
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RBS boss to hand back part of pension after outcry
Banking & Finance
Former Royal Bank of Scotland boss Sir Fred Goodwin has bowed to public pressure and offered to hand back more than Ā£210,000 a year of his controversial pension payout.
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Chancellor: Bank boardrooms must change culture
Banking & Finance
Alistair Darling demanded a change in culture at the top of banks yesterday, blaming their lack of ā€œjudgmentā€ for the depth of the financial crisis.
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Governor of Bank of England seeks shake-up in banking
Banking & Finance
Britainā€™s biggest banks may have to be broken up, or else take on more capital to absorb possible losses from high-risk activities.
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