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Professional Services
Ukraine's economy suffers worst ever fall
Banking & Finance
The Ukraine’s economy shrank 14.4 per cent in November, the sharpest recorded drop in the ex-Soviet state’s history, as a malaise in heavy industry spread to consumers battered by a plummeting currency.
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Russia tumbling towards recession as output falls 10.8pc
Banking & Finance
Russian industrial output shrank 10.8 per cent in November and wage arrears doubled, raising the spectre of recession for the once-buoyant economy.
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Polish workers 'unlikely to go home' despite boost to Polish economy
Banking & Finance
Poland has said it expects the majority of its expatriates to carry on working abroad despite the global economic downturn but would have new jobs to offer at least some of those who return.
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Cadbury sales report disappoints analysts
Banking & Finance
CADBURY warned yesterday of slower growth and falling retail stocks as the economic downturn starts to bite into the chocolate-eating and gum-chewing habits of consumers.
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Personal Touch financial services looking on the bright side
Banking & Finance
Personal Touch Financial Services – a co-operative of money experts who specialise in general insurance, mortgages, investments, pensions and protection – has grown from a turnover of £50,000 to more than £100 million in just 14 years.
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Will Aston praised Shropshire credit union scheme
Banking & Finance
Just Credit Union, which provides access to accounts, affordable loans and insurance products, was the first organisation to receive a special visit from Will Aston, the new rural financial inclusion champion for England.
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Birmingham's Barclays helps Lyceum acquire Carewatch
Banking & Finance
The Birmingham branch of Barclays Commercial Bank has helped private equity firm Lyceum Capital in the acquisition of Carewatch Care Services from Nestor Healthcare Group in a £37million transaction.
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Banks offer small businesses peace of mind
Banking & Finance
NatWest and RBS have announced the introduction of new initiatives they say will give small businesses added peace of mind while trading through the current economic downturn.
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Recently, lawyers in the United States had to deal with the first “cyber-bullying” prosecution in their legal history. Susan Hall, of Cobbetts says harassment laws in the United Kingdom need to be altered to keep up with the pace of change online
Professional Services
The recent case where a housewife posed as a teenage boy, Josh Evans, to send hostile emails, prompting the suicide of a vulnerable 13-year-old girl, has brought about the first cyber-bullying prosecution in American history.
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Law firm Wragge & Co will advise Birmingham City University on the next phase of its £150million Eastside campus, after it was given approval by Birmingham City Council planners to go ahead at the 37,000 sq m site.
Professional Services
Real estate partner Mark Chester headed the Wragge & Co team assisting BCU on securing planning permission, aided by associates Jan Hebblethwaite and Sukhi Rai.
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Law Society begins talks with banks to support solicitors
Professional Services
The banking sector needs to be doing more to support solicitors during the recession, the Law Society has said.
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Personal Touch bucks the economic trend
Banking & Finance
A Midland financial services networking organisation said its results were defying the credit crunch and added it wants to spread the message that it is not all doom and gloom in the Midlands.
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Ƶ banks caught in massive US Madoff financial scandal
Banking & Finance
Financial giants revealed potential losses of almost £4billion yesterday as they joined a queue of investors caught up in an alleged fraud by Wall Street investment manager Bernard Madoff.
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The pensions timebomb
Banking & Finance
The pensions system is still letting people down, a Midland specialist has warned.
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Doubts remain over whether rate cuts mean cheaper mortgages
Banking & Finance
Despite the latest one per cent cut in the bank rate, there are widespread doubts that it will become much easier – and more importantly, much cheaper – for many people to buy a home.
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Pet costs soar
Banking & Finance
As the RSPCA says, a dog is for life, so you should think twice before buying one as a present this year.
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Trevor Law urges families to be prudent this Christmas
Banking & Finance
I wonder how many people have been trying to extricate themselves from a financial commitment incurred trying to keep up with their neighbours, work colleagues and family without giving the embarrassing impression that they can’t afford to keep up.
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NatWest 'free advice for all' offer
Banking & Finance
NatWest has unveiled plans to offer free financial guidance to people through its branches regardless of whether or not they are customers of the bank.
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The inheritance tax giveaway
Banking & Finance
The volatility of the stock market is distracting investors from financial issues such as inheritance tax, warns Peter Aylward, adviser at Jobson James.
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Egg faces a customer bill of £16m
Banking & Finance
Egg Banking, the online banking company with a base in Dudley, has been fined more than £700,000 for selling credit card insurance unfairly.
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Friends Provident in outsourcing deal
Banking & Finance
Friends Provident yesterday said 200 of its employees will transfer to IBM and its partners as part of a ten-year IT and infrastructure outsourcing deal.
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Resolution shares soar
Banking & Finance
Shares in financial buyout firm Resolution traded 15 per cent above their issue price on their first day of unconditional trading, as investors eyed restructuring opportunities in the financial sector.
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Egg Banking fined £700,000
Banking & Finance
Egg Banking, the online banking company with a base in Dudley, has been fined more than £700,000 for selling credit card insurance unfairly.
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Exporters offer taste of Britain
Banking & Finance
A group of West Midland food and drink companies are hoping to take a bite into the Polish market, after starring at a food extravaganza in the Eastern European country organised by Ƶ Trade & Investment.
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