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Professional Services

Commercial law firm Beachcroft appoints 200th employee
Professional Services
Commercial law firm Beachcroft has appointed the 200th employee at its Birmingham office.
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Else law firm has new head of debt recovery division
Banking & Finance
A Stoke-on-Trent lawyer specialising in dispute resolution has joined Else Commercial Solicitors as head of its debt recovery division.
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Tipton and Coseley Building Society raps failed banks levy
Banking & Finance
The Tipton and Coseley Building Society saw profits halved last year thanks to an “unfair and disproportionate” levy which forces building societies to pay for the mistakes of failed banks.
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Councils hire Cherie Blair to take on Fred Goodwin and RBS
Banking & Finance
Pension funds have taken on Cherie Blair as legal adviser in an attempt to recover hundreds of millions of pounds from Sir Fred Goodwin and the Royal Bank of Scotland.
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Barclays in fund management sale talks
Banking & Finance
The bank added that it was in discussion with the Treasury over whether to participate in the Government’s scheme to insure “toxic” assets.
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Ƶ banks front of queue for AIG bail-out cash
Banking & Finance
US insurer AIG stoked further controversy yesterday after revealing Ƶ banks were among the beneficiaries of its massive state bail-out amid anger over bonus payouts.
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Forth Ports post underlying profits of £37 million
Banking & Finance
Forth Ports today reported a 34 per cent hike in annual underlying profits after the best ever year for its ports division.
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Co-op Bank set to run City Council's financial services for extra year
Banking & Finance
The Co-operative Bank will be granted a further year running Birmingham City Council’s financial services after insisting it can ride out the recession.
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Secure Trust profits from lending exit move
Banking & Finance
The toxic asset-free Solihull-based Secure Trust Bank saw its profits soar by 60 per cent to £7.3 million last year thanks in part to a well-timed early exit from the consumer lending market.
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Why it could be time to invest in courage
Banking & Finance
The “ISA season” – if there is still one – will soon be upon us with less than a month to go before the end of the current financial year.
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Pensions under threat from quantitative easing
Banking & Finance
The economy moved into uncharted territory this week with the start of the Bank of England’s latest attempt to pull the country out of recession by increasing the money supply through the process called quantitative easing.
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Landlords beware of rented properties being used as drug factories
Banking & Finance
Landlords are being warned their properties could be housing cannabis factories.
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New penalties for environmental damage
Professional Services
Businesses responsible for causing environmental damage could potentially have to pay massive penalties as a result of new regulations that came into force this month.
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Midlands architects urged to explore opportunities in Middle East
Banking & Finance
As development projects in Midlands reduce, one architect tells Head of Business Alun Thorne that the sector should look at exporting their skills to make the most of opportunities in the Middle East.
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Icelandic bank Baugur files for bankruptcy
Banking & Finance
Troubled high street investor Baugur has neared the end of the road as the Icelandic firm announced it would file for bankruptcy.
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Birmingham City Council hits out at 'waste of cash' Law Society report
Professional Services
The chief legal officer at Birmingham City Council has criticised a “poor quality” Law Society consultation into the role of monitoring officers.
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15 percent of FTSE firms lack auditing experience
Banking & Finance
The company’s seventh annual corporate governance review found that 55 of the companies listed in the FTSE 350 still did not have a single person on their audit committee with “recent and relevant financial experience”.
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Birmingham on shortlist for Ministry of Justice relocation
Professional Services
Birmingham could be in line for a big development after the city found itself on a short-list of locations for a new regional centre for the Ministry of Justice.
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Pottery firm saved by £30m deal completed in six days
Professional Services
A Midlands pottery has been saved after a £30 million deal was set up with the help of law firm Wright Hassall.
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Top economist Verdi warns of rising threat from deflation
Banking & Finance
Deflation is the biggest concern facing the United Kingdom’s finances, a top economist has told a gathering of Birmingham professionals.
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Virtual Law making most of harsh reality in business
Professional Services
Virtual Law, the online legal advice service, has defied the downturn by announcing it is looking to expand its network of ‘nomadic’ lawyers.
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Kelway buys out rival Panacea
Banking & Finance
A corporate finance team at local company Baker Tilly advised on the deal structure and undertook the acquisition due diligence process, including looking at some of the ongoing tax structures for the combined group.
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Comply Serve staying on track for the future
Banking & Finance
Two Birmingham investment firms have taken part in a mass funding round for a local company that supports some of Europe’s biggest rail infrastructure works.
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US tax firm launches Birmingham branch
Banking & Finance
American tax firm True Partners Consulting has launched a Birmingham office – just the second one outside the US for the company.
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