Jun
2009
Articles from 24th Jun 2009
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Bank of England economist sees easing of credit crunch
Jun 24 2009 | Financial
The Bank of England sees signs that its immense programme to feed invented money into the economy is starting to ease the credit crunch. Read
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Mortgage approvals show annual rise
Jun 24 2009 | Financial
The big banks approved 31,162 mortgages for house purchase in May, up from a low of 17,953 in November last year and 15.8 per cent more than in May, 2008. Read
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Survey finds more Midlands businesses suffering from bad debt
Jun 24 2009 | Financial
A new study carried out among accountants in Birmingham found almost three-quarters have seen an increase in their clients suffering with bad debt in recent months. Read
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Directors' report shows lasting impact of recession
Jun 24 2009 | Financial
Nearly half of company directors say their operating model has been “permanently altered” by the global economic downturn. Read
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Recession-hit tax intake bar to government recouping spending
Jun 24 2009 | Financial
The Government will struggle to recoup its spending after the recession-hit tax intake, BDO Stoy Hayward has said. Read
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Odyssey and Harvery Ingram complete Contech MBO
Jun 24 2009 | Financial
A Birmingham corporate finance team has arranged a management buy-out at an automotive castings firm – as the industry goes through its most difficult period in living memory. Read
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UK tax system has Birmingham people ‘in the dark’
Jun 24 2009 | Financial
The global body for professional accountants has said people in Birmingham have been “left in the dark” by the UK tax system. Read
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Distressed assets making expansion popular, says Baker Tilly
Jun 24 2009 | Financial
Accounting firm Baker Tilly has said almost three quarters of businesses were considering an acquisition or joint venture as the number of recession-hit distressed assets makes expansion a tempting idea. Read
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Company prices still contracting, says BDO research
Jun 24 2009 | Financial
Company prices contracted by 12 per cent over the last quarter, according to BDO Stoy Hayward’s latest company index. Read
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HW Corporate Finance to give investors review of target companies
Jun 24 2009 | Financial
A new analysis service team to support trade buyers and investors has been launched in the West Midlands by HW Corporate Finance, part of Haines Watts. Read
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Pro bono may be way ahead to help society and lawyers
Jun 24 2009 | Financial
A large number of junior lawyers believe pro bono work is suffering in the recession despite a greater need for free legal services, according to a poll by the Law Society’s Junior Lawyers Division. Read
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Midlands' regional factors could be key to market rise
Jun 24 2009 | Financial
The buy-out market in the Midlands has continued to slow through the first half of the year but Matt Waddell says there is increased investor interest, mainly driven by price falls. Read
