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Professional Services

Wragge says it is open to merger possibilities
Professional Services
Birmingham’s largest law firm has said it is open to the possibility of a merger.
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West Bromwich Building Society keeps independence after debt deal
Banking & Finance
The West Bromwich Building Society has insisted it would retain its independence after agreeing a debt deal to strengthen its finances.
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Bonds plan drawn up to safeguard West Bromwich Building Society
Banking & Finance
The West Bromwich Building Society has said it is near to striking a capital restructuring deal that would enable it to remain independent.
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Unexpected sense that inflation is quickening
Banking & Finance
Fears that the recession could drive Britain into a deflationary spiral, where companies and individuals put off purchasing decisions expecting to be able to buy cheaper later, have been fading decisively this spring.
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New regional chief of ICAEW loses her job at PKF
Banking & Finance
The corporate accountant set to take over as the head of the body that supports the industry has had to postpone her start – after she was made redundant.
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Trevor Law: Plan with-profits fund exit strategy carefully
Banking & Finance
Many investors in with-profits funds, either through bonds or pensions, are not aware that their contracts may contain valuable guarantees that allow them to exit without penalty on set dates.
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Credit crunch savages private sector pensions
Banking & Finance
When two of Britain’s leading companies announced big cutbacks to company pension schemes recently they highlighted once again the problems facing millions of private-sector workers when they stop working.
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BPE Solicitors says recession easing as it moves back to 5-day week
Professional Services
Commercial law firm BPE Solicitors has ended an eight-month period of reduced hours, saying the economy had picked up for its corporate and commercial teams.
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KPMG set to cut more than 250 tax jobs
Banking & Finance
Financial giant KPMG is reportedly set to cut more than 250 tax jobs, in a move which is likely to affect the sizeable Birmingham office.
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AXA to cut 560 jobs
Banking & Finance
Insurance giant AXA has announced it plans to cut more than 500 jobs.
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Sector minnows Dudley show value of mutuality
Banking & Finance
In a week when Lloyds ended 159 years of history by announcing the closure of the entire Cheltenham & Gloucester branch network, an only slightly younger Black Country institution showed the continuing benefits of mutuality.
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West Bromwich Building Society confirms talks over debt deal
Banking & Finance
West Bromwich Building Society has confirmed it is in talks over a debt deal that would boost its capital strength.
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West Bromwich Building Society set for rescue deal - reports
Banking & Finance
West Bromwich Building Society is poised for a rescue deal within days, according to reports.
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Wragge planning 85 redundancies after recession hits revenue
Professional Services
Top city law firm Wragge & Co has said it is considering letting as many as 85 people go after revenue dropped 15 per cent in a year.
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Britain's trading position takes turn for the worse
Banking & Finance
Britain’s trade with the rest of the world took an unexpected turn for the worse in April, when imports of all goods and services exceeded exports by £3 billion, up from a shortfall of £2.7 billion in March.
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Think tank forecasts return to growth
Banking & Finance
The º£½ÇÊÓƵ has passed the bottom of the recession with a return to economic growth in April and May, according to a leading think tank.
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Former ministers challenge Brown on Cheltenham & Gloucester
Banking & Finance
Two former ministers challenged Gordon Brown on the economy after it emerged the entire Cheltenham & Gloucester branch network would close – with hundreds of jobs lost in the Midlands.
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Bonus schemes need to be reformed
Professional Services
Large bonus payments leading to high levels of risk taking and the near collapse of the Western banking system have made organisations’ bonus schemes the pressing corporate issue, according to a Midlands’ employment lawyer.
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Training's high on agenda of junior lawyers' conference in Birmingham
Professional Services
The future of the training contract and career opportunities for young lawyers will set the agenda for the second Junior Lawyers Division conference in Birmingham this Saturday.
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Recession causes worrying attitude to fraud
Banking & Finance
Lax business practices brought on by the recession are making fraud a worryingly common trend, an Ernst & Young survey has revealed.
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New faces boost Moore Stephens accountants
Banking & Finance
The Birmingham office of global chartered accountants and business advisers Moore Stephens has seen two news senior faces joining the established team.
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IBB launches premium Islamic banking for wealthy savers
Banking & Finance
The Birmingham-based Islamic Bank of Britain has launched a premium banking service after seeing a strong demand from high net worth savers looking for sharia-compliant accounts.
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Tax advisers join PricewaterhouseCoopers
Banking & Finance
The Birmingham office of finance giant PricewaterhouseCoopers has brought in two international tax advisers as part of the firm’s World Experience Programme.
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New man at helm of business development at Grant Thornton
Banking & Finance
The Birmingham office of mid-corporate adviser Grant Thornton has appointed Tracey Davenport as its new business development manager.
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