Barclays handed out £1.5 billion in bonuses to investment bankers for last year - although the lender slashed the pot by 32 per cent amid mounting pressure over the controversial payouts.Read
The Birmingham corporate finance team of accountants Mazars has advised on three major deals including two businesses moving from the Stock Market to private ownership.Read
Nick Clegg’s calls for the Chancellor to give working families a boost in the spring Budget by increasing the income tax threshold to £10,000 have come under fire.Read
The boss of a taxpayer-funded bank has been awarded a bonus worth £963,000, around 60% of his entitlement, following political pressure to limit the payout.Read
Senior executives at business adviser RSM Tenon have stepped down after the group revealed it expects to report a loss for the first half due to pricing pressures amid a difficult economy.Read
Taxpayer-funded Royal Bank of Scotland has seen its shares climb five per cent after announcing its biggest ever single disposal – the sale of its aircraft leasing business for nearly £5 billion.Read
The West Midlands’ private equity buy-out market rose above the £1 billion threshold for the first time since before the recession last year – despite depressed deal levels elsewhere in the UK.Read
Two of the region’s chambers of commerce are calling on the Bank of England to keep interest rates at their current low level to help stimulate growth.Read
Government support, export opportunities and growth sectors like the automotive industry provide “rays of hope” for the manufacturing sector, according to a Midland-based expert.Read
