Mar
2009
Articles from 31st Mar 2009
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Brown rejects critics of building society takeover
Mar 31 2009 | Financial
Prime Minister Gordon Brown yesterday branded Dunfermline Building Society an “author of its own mistakes” as the Government stepped in to lead a rescue sale and break-up of the ailing mutual. Read
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Bradford & Bingley in £500 million mortgage write off
Mar 31 2009 | Financial
Nationalised lender Bradford & Bingley said it was writing off more than £500 million in mortgage loans turned sour. Read
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Halesowen accountancy firm joins Corporate Finance Network
Mar 31 2009 | Financial
A Halesowen accountancy firm has become the first practice in the region to join a new network of business advice firms. Read
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Birmingham firm offers 'near-prime' mortgages to businesses
Mar 31 2009 | Financial
A Birmingham mortgage firm has started offering ‘near-prime’ mortgages to businesses looking for funding. Read
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Deloitte snaps up Birmingham award-winner Deepak Parekh
Mar 31 2009 | Financial
Deloitte has taken on young corporate finance star Deepak Parekh, who was at the collapsed British wing of Icelandic bank Kaupthing. Read
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Grant Thornton sees buy-outs coming back in favour
Mar 31 2009 | Financial
Management buy-outs will prove a primary driver for deal making in the Midlands, according to the new regional head of corporate finance at leading mid-corporate adviser Grant Thornton. Read
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Warwick Effect Polymers raises £2million in investment
Mar 31 2009 | Financial
A hi-tech university spin-off making chemical materials for the biotech industry has launched a new marketing drive after receiving £1 million in investment from a group of funders. Read
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HMRC cracks down on VAT scams by ‘phoenix firms’
Mar 31 2009 | Financial
HM Revenue & Customs is getting wise to the increase in “phoenix company” VAT scams, a Midland financial expert has said. Read
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Midland firms focus on survival as downturn bites
Mar 31 2009 | Financial
Survival is the main priority for businesses in the West Midlands at the moment, according to the Institute of Chartered Accountants in England and Wales. Read
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Begbies leads call to end 'vicious circle' of tax penalties
Mar 31 2009 | Financial
Many firms could find themselves caught up in an ever increasing snowball of penalties for late VAT returns tax specialists have warned. Read
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Equity research service for smaller firms launched
Mar 31 2009 | Financial
A new equity research service for smaller companies has been launched. Read
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Firms still glad to have floated on AIM
Mar 31 2009 | Financial
Companies listed on alternative stock exchange AIM are still glad they made the decision to float, despite the downturn in the market’s fortunes recently, according to mid-tier accountants Baker Tilly. Read
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Some staff working a four-day week at KPMG
Mar 31 2009 | Financial
More than 1,000 people at financial giant KPMG in the Midlands have opted to work four-day weeks or take reduced-pay sabbaticals after the firm launched a cost-cutting drive. Read
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UKFI registers protest vote against Fred Goodwin's RBS pension
Mar 31 2009 | Financial
The public body which owns a majority stake in Royal Bank of Scotland said it would register a protest vote against Sir Fred Goodwin’s controversial £703,000 pension at the bank’s annual meeting on Friday. Read
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Financial redundancy counselling offer to meet increasing demand
Mar 31 2009 | Financial
BDO Stoy Hayward Investment Management, the wealth management division of BDO, has launched a financial redundancy counselling service. Read
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Bloomer Heaven appoint new directors
Mar 31 2009 | Financial
Birmingham-based accountants Bloomer Heaven has appointed John Edwards and Kari Campbell as directors. Read
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Jobs in financial sector cut at fastest rate since 1993
Mar 31 2009 | Financial
Jobs in the financial sector have been cut at their fastest rate since 1993 – and the trend is expected to continue. Read
