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Monetary Policy Committee's judgment under scrutiny
Banking & Finance
The Bank of England’s stunning decision comes amid questions over the recent judgment of its rate setters.
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Midlands business chambers say rate cut good for economy
Banking & Finance
The Bank of England’s decision to make an almost unprecedented 1.5 per cent cut in interest rates was warmly welcomed by the business community and described as the perfect Christmas present for the economy.
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Second senior executive to leave West Bromwich Building Society
Banking & Finance
A second senior executive is leaving West Bromwich Building Society, it has been announced.
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Rate cut may revitalise sagging market, say Birmingham property experts
Banking & Finance
Property experts in the West Midlands welcomed the radical rate cut by the Bank of England, saying it could be a shot in the arm for the stagnant housing market.
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Chinese dragon may fire growth for wise investors
Banking & Finance
Could the Chinese dragon run out of steam? Richard Hunter, head of º£½ÇÊÓƵ equities at Hargreaves Lansdown, looks beyond today’s credit crunch headlines at prospects for the world’s largest economy in 18 of the last 20 centuries.
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Bank of England cuts interest rates by 1.5pc
Banking & Finance
The Bank of England has cut interest rates by 1.5 per cent.
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Nokia looks to emerging markets
Banking & Finance
Nokia has accelerated its push into emerging countries as mature markets slow, unveiling seven new phones and internet services while slashing almost 600 jobs in its marketing and research units.
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Russian president's pledge on credit crisis
Banking & Finance
Medvedev’s pledge over democracy
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Legal Services Commission to axe Birmingham jobs
Professional Services
A Government agency which provides legal advice to millions of people is to cut 600 jobs and close a number of offices including one in Birmingham.
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FSA to ensure customers get fair deal from banks
Banking & Finance
Regulation plans for way banks treat customers
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Firms could save millions by talking through troubles
Professional Services
Companies could save millions by talking through problems instead of rushing to court, a Birmingham lawyer has said.
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Crunch time for Birmingham's legal profession
Professional Services
Lawyers in Birmingham have had to adjust to difficult market conditions this year.
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Major contract wins for Needham & James
Professional Services
Law firm Needham & James has won two major contracts in the West Midlands.
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Cobbetts recognised for digging deep with global miners
Professional Services
Cobbetts’ Russian steps to energy boom
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Asian mining firms raise £2.9bn on AIM
Professional Services
More than a hundred companies in East and South-East Asia have raised a total of £2.9 billion of funds on AIM to date after rapid corporate expansion in the region
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Action on banks restores some confidence
Banking & Finance
Bank bail-out improves confidence of consumers
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Skandia to quit º£½ÇÊÓƵ insurance association
Banking & Finance
Skandia is leaving the Association of British Insurers after a disagreement over the way financial products are sold.
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Fears more jobs may be lost with banks' merger
Banking & Finance
Lloyds TSB sparks job worries
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HSBC accused of 'profiteering'
Banking & Finance
HSBC under fire as rate cuts may not be passed on
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Housing no longer underpinning retirement funding
Banking & Finance
Property is no longer as safe as houses in plans
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Number of insolvencies set to soar
Banking & Finance
Warning of a huge jump in insolvencies during next year
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Mortage broker warns that half per cent rates cut will not help new buyers
Banking & Finance
A half per cent cut in interest rates will have little or no effect on the availability of mortgages for those looking to buy, according to a leading independent Birmingham broker.
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New HBOS bidders fear political mudslinging
Banking & Finance
A leading businessman involved in talks about a possible alternative bid for HBOS said he hopes the situation will not descend into political “mud-slingingâ€
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Meaningless glamour is no bonus for banking world
Banking & Finance
Meaningless glamour is no bonus for banking world
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