Apr
2009
Articles from 21st Apr 2009
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Top-earners' tax hike 'very unlikely' to boost Treasury coffers - IFS
Apr 21 2009 | Financial
Plans to increase taxes for top earners were “very unlikely” to produce the predicted boost to Treasury coffers and could reduce revenues, a think tank has warned. Read
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Cornwell's Chemists buys Cowern & Hartsthorn
Apr 21 2009 | Financial
One of Staffordshire’s oldest chemists has hit the acquisition trail, buying rival Cowern & Hartsthorn for an undisclosed fee. Read
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Consumer confidence could be returning, says Grant Thornton
Apr 21 2009 | Financial
The better than expected performance of the retail sector is a sign consumer confidence could be picking up, according to analysts at Grant Thornton. Read
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Midlands still to suffer worst of credit crunch
Apr 21 2009 | Financial
Research by Ernst & Young found dozens of profit warnings issued already this year, as the recession hit hard. Restructuring partner Ian Best looks at the regional picture, and the impact of the credit crunch on West Midlands PLC. Read
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Allied Irish Banks warns it needs another 1.5 billion euros
Apr 21 2009 | Financial
Allied Irish Banks yesterday said that it would need to shore up its capital strength by another €1.5 billion (£1.3 billion) on top of existing plans for a multi-billion government bail-out. Read
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LDC and advisers set up Cranswick-buy-out
Apr 21 2009 | Financial
Midland private equity provider LDC and a team of advisers from the region were behind the £17 million management buy-out of Cranswick Pet and Aquatics. Read
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Why the Chancellor should lend a hand today
Apr 21 2009 | Financial
An award-winning entrepreneur has urged Alistair Darling to use measures in his Budget to take the brakes off bank lending. Read
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UK's £200 billion bail out bill
Apr 21 2009 | Financial
The UK faces a bill of almost £200 billion for propping up its ailing banking system, the International Monetary Fund (IMF) said yesterday. Read
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Bankers' caution is too little and too late
Apr 21 2009 | Financial
Peter Ibbetson, chairman of business banking at the Royal Bank of Scotland, would make an excellent poker player if he ever loses the day job. Read
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Tax guru is guest at Birmingham conference
Apr 21 2009 | Financial
“Tax guru” Mike Warburton has been confirmed as a guest speaker at the forthcoming Federation of Tax Advisers annual conference, being held on June 3 at the Holiday Inn, Birmingham. Read
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Sean Raftery: The changing scene for gilts
Apr 21 2009 | Financial
With UK base rates now at an historic low of 0.5 per cent, income is increasingly difficult to come by. Read
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New future for Freshways Foods
Apr 21 2009 | Financial
Administrators from BDO Stoy Hayward have taken Freshway Foods in Wolverhampton out of administration by successfully selling the firm to Freshway Chilled Foods. Read
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Pay rises being outstripped by tax rises, says UHY
Apr 21 2009 | Financial
Workers are seeing their wages eaten away by income tax because of the Government’s failure to move up tax thresholds in line with pay rises, according to data from Birmingham accountants at UHY Hacker Young. Read
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Midlands focus for new man at Santander’s UK arm
Apr 21 2009 | Financial
Shaun Kelly has been appointed as head of business development on Spanish bank Santander’s UK Corporate Banking Board, with a brief to focus largely on Birmingham and the Midlands. Read
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Be bold in Budget, Coventry and Warwickshire Chamber urges Darling
Apr 21 2009 | Financial
The Coventry and Warwickshire Chamber of Commerce has pleaded with chancellor Alistair Darling to be bold in tomorrow’s Budget. Read
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Mortgage approvals show small improvement
Apr 21 2009 | Financial
A new report shows major lenders have made only “limited” improvements in mortgage supply since the beginning of 2009. Read
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AFH appoints in-house economist
Apr 21 2009 | Financial
A Worcestershire financial services firm is bucking the economic trend, with a new appointment taking its workforce up to 33. Read
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Job losses of 1.4m amid 'serious grief' for 18 months
Apr 21 2009 | Financial
The UK faces 12 to 18 months of “serious grief” with the loss of about 1.4 million jobs – although the economy has halted its downward spiral, an influential survey has warned. Read
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How forensic accountants use technology to fight fraud
Apr 21 2009 | Financial
Jonathan Lovell, head of forensic at KPMG in Birmingham, looks at the role technology is playing in the detection and prevention of fraudulent activity Read
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Financial adviser Stuart Startup joins Wilson Organisation
Apr 21 2009 | Financial
Coventry-based financial adviser Stuart Startup has joined the financial services division of the Wilson Organisation, the independent insurance broker and financial adviser. Read
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IFAs need to take on more annuity work
Apr 21 2009 | Financial
Independent financial advisers need to double the amount of annuity business they do to keep income streams up, according to research from Just Retirement. Read
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Advisers to analyse fall-out from Budget
Apr 21 2009 | Financial
Accountants and business advisers in Walsall and Kidderminster will hold post-Budget seminar briefings to examine the fall-out of the Chancellor’s speech. Read
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Midland equity firm's £6.5m investment inuclear engineers
Apr 21 2009 | Financial
One of the region’s leading mid-market private equity companies has completed a £6.5million investment in a niche engineering solutions group. Read
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Darling's difficult options - Baker Tilly's Bill Longe
Apr 21 2009 | Financial
Ahead of today’s Budget, Bill Longe, tax partner at business adviser Baker Tilly Birmingham, looks to what the Chancellor may have in store. Read
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Half of owner-managed businesses struggling to borrow
Apr 21 2009 | Financial
Nearly half of all owner-managed businesses in the West Midlands are feeling the pinch of restricted borrowing, according to a survey. Read
