finance news and articles - Birmingham Post

Lending rises at Secure Trust Bank Jan 10 2012

Midland-based Secure Trust Bank, which listed on the London Stock Exchange earlier this year, has revealed a 33 per cent rise in lending volumes.Read

Stockbroker Arden's sales fall in 'most challeging conditions for decades' Dec 21 2011

Birmingham stockbroker Arden Partners has revealed a fall in sales amid the most “challenging conditions since the 1970s”.Read

Directors complete buyout of Midland Industrial Glass Dec 16 2011

A secondary management buyout has been completed at a specialist glass processor to accelerate its organic and acquisitive growth plans.Read

Wolseley completes £820m credit deal Aug 02 2011

Builders’ merchant Wolseley has agreed to syndicate of two 5¼ year revolving credit facilities totalling £820 million.Read

Stockbroker Arden Partners back in the black after profits rise Jul 05 2011

Birmingham stockbroker Arden Partners has revealed a 14 per cent rise in sales – which has helped it back into the black.Read

Takeover for Islamic Bank of Britain after another year of losses Mar 16 2011

The Birmingham-based loss-making Islamic Bank of Britain is set to be taken over by its main investor Qatar International Islamic Bank (QIIB) in a deal valuing it at £25.5 millionRead

Cashflow crisis sees auto suppliers turning down major orders Dec 30 2010

West Midlands automotive suppliers left waiting months – in some cases years – for payment are turning away multimillion pound contracts because they can’t borrow the cash to finance them.Read

Soaring insurance bills hitting UK motorists Nov 05 2010

* Jeremy Gates looks at money issues and explains why many motorists are facing a shock bill when they renew their car insuranceRead

SMEs still feel like they are operating in a recession, report finds Oct 22 2010

It may be technically over, but small and medium sized businesses say we might as well still be in a recession Read

Optimism continues to diminish among finance chiefs Oct 20 2010

Optimism among the chief financial officers of the UK’s largest businesses has declined for the third consecutive quarter to the lowest levels since spring 2009.Read