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Professional Services

Six new appointments for No5 Chambers
Professional Services
No5 Chambers in Birmingham has appointed six new barristers, including two of the city’s leading construction advisers, as part of a drive to open up the Bar to non-legal professionals.
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Law firm Shoosmiths to shed 79 jobs
Professional Services
Law firm Shoosmiths, which has a major office on Colmore Row, said it was starting a redundancy programme involving 25 fee earners and 44 support staff.
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West Midlands well placed when recovery comes, says economist
Banking & Finance
The West Midlands’ economy will bounce back next year thanks to its manufacturing, distribution and retail strengths – the same factors which have seen the region bear the brunt of the global downturn, according to a top economist.
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HSBC reports first-quarter gains
Banking & Finance
HSBC hailed a “resilient” start to 2009 after record investment banking results helped give another shot-in-the-arm to the stricken sector.
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Vanni Treves to step down as chairman of Equitable Life
Banking & Finance
Equitable Life chairman Vanni Treves yesterday announced his retirement from the group he helped steer from near collapse more than eight years ago.
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BC Partners said to have lodged £3.5bn for iShares
Banking & Finance
A gatecrasher to Barclays’ £3 billion deal to sell fund management business iShares could net the bank another £500 million according to reports.
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Extra £50bn 'printed' to ward off 'world recession'
Banking & Finance
The Bank of England is to pump an extra £50?billion of “printed” money into Britain’s financial system over the next three months to counter the effects of what it described as a “deep recession” in the world economy.
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Buy Travel insurance straightaway
Banking & Finance
So long as the full impact of the supposed swine flu pandemic is a matter of conjecture rather than fact, the golden rule for travellers appears to be: when you spend anything on a holiday booking, buy travel insurance straightaway, even if the departure date is months away.
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Barclays pips Lloyds in dodgy loans fall-out
Banking & Finance
In a tale of two banks yesterday, Barclays and Lloyds reported a big jump in “impairment” charges for bad and doubtful loans.
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Plan for retirement warns employment lawyer
Banking & Finance
Employees should continue to make long term plans for retirement, despite the financial and economic turmoil, an employment lawyer says.
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Tory leader David Cameron's cycle stolen again
Banking & Finance
The Ƶ is looking at a “Himalayan peak” of cycle crime after Tory leader David Cameron had his bicycle stolen again, AA Insurance claims.
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Midlands business leaders urge Bank of England to hold interest rates
Banking & Finance
Business leaders in the West Midlands expect interest rates to be held today as the Bank of England weighs the effects of its quantitative easing programme.
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Punjab National Bank opens branch on Soho Road
Banking & Finance
The Punjab National Bank has opened a branch on the Soho Road with the creation of five jobs.
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Aviva's cash windfall for policy holders
Banking & Finance
Insurance giant Aviva is offering cash windfalls averaging £500 to about one million holders of with-profit policies and pensions who opt to sign away any rights they could eventually have to surpluses in their life funds known as the “inherited estate”.
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RBS man goes with £517,000 a year pension
Banking & Finance
The last member of former Royal Bank of Scotland boss Sir Fred Goodwin’s failed top team is set to leave the group with a £517,000-a-year pension.
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Economists look beyond ECB for solution
Banking & Finance
The European Central Bank is expected to cut interest rates to one per cent today but economists are more focused on other measures to get the euro zone economy back on its feet.
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New president takes the helm at Birmingham Law Society
Professional Services
A solicitor who started practice in Birmingham more than 40 years ago has a new role as president of the Birmingham Law Society.
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Off-the-shelf wills could lead to trouble
Professional Services
Cheap, off-the-shelf wills are becoming more popular but may not stand up to the rigours of a court case in the event of a complex dispute, a lawyer has warned.
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Buoyant start for London markets
Banking & Finance
The FTSE 100 Index surged more than two per cent ahead as investors rode a wave of economic optimism and played catch-up after the bank holiday weekend.
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Swiss bank UBS suffers £1.2bn loss after £1bn write-down
Banking & Finance
Ailing Swiss bank UBS has confirmed it made a £1.2?billion loss in the last quarter after writing down more than £1?billion worth of investments.
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Green law group celebrates its 100th member
Professional Services
The Legal Sector Alliance – a group of law firms trying to reduce the environmental impact of their work – is celebrating the signing of its 100th member.
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Cousins law firm doing good business one year on
Professional Services
An online Birmingham business law firm has marked its first birthday by expanding with the recruitment of an additional specialist litigator.
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Martineau appoints new property lawyer Amanda
Professional Services
Martineau has defied the collapse in the property market with the appointment of a new lawyer Amanda Hanmore to its real estate team.
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Gains and losses for Midland business in Budget
Banking & Finance
As the dust settles on Alistair Darling’s Budget, Ashley Hollinshead, head of entrepreneurial business tax in the Midlands at professional services firm Deloitte, considers the impact for the region
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