Today's West Midlands business news from Insider |
Latest News | Proposals to construct up to 200 homes in Staffordshire have been recommended for approval. Councillors are set to vote on the plans at a virtual meeting next week. Read More… |
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Lucy Twomey, HR and legal adviser at Make UK, says as businesses consider how to survive the economic impact of Covid-19, the stark reality is that, for many, redundancies are now unavoidable. Managing a redundancy procedure can be challenging in normal circumstances but Covid-19 has added new complexity. Read More… |
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The UK's aerospace sector is to benefit from £400m of funding to help projects get off the ground and support the sector's recovery from the coronavirus pandemic, the UK Government has announced. Read More… |
All jobs at a Warwickshire-based specialist membership and insurance company for the health and beauty sectors have been secured after the business received a Coronavirus Business Interruption Loan (CBIL) from Lloyds Bank. Read More… |
A US investor in Solihull-headquartered Secure Trust Bank has reduced its stake. Read More… |
The Birmingham office of Springboard Corporate Finance advised a private equity-backed brokering and insurance group on its latest acquisition of a company which has a base in Dudley. Read More… |
A family-run dairy farm set within National Trust grounds near Shrewsbury has secured a five-figure funding package from Barclays. Read More… |
Private equity and venture capital investment into UK businesses increased last year, according to new data. Read More… |
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Andy Moss from The FSE Group says as we slowly and cautiously ease out of lockdown and start to adjust to the "new normal", and what that looks like, The FSE Group is keen to ensure that Midlands based SMEs are aware of the funding options available to them, in order to support them during these uncertain times and to assist them in accelerating their growth post lockdown. Read More… |
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The Midlands must have no limits on its ambitions to develop "the goldmine" of the UK Central Hub – the project set to bring more than 70,000 jobs and £6bn a year to the regional economy, a panel of business leaders has said. Read More… | The number of profit warnings issued by listed businesses in the Midlands rocketed during the first half of 2020, new figures from EY have shown. Read More… |
The operator of the ASK Italian and Zizzi restaurant chains and Coco di Mama food-to-go outlets has been sold out of administration in a deal which safeguards about 225 sites and approximately 5,000 jobs. But a further 75 sites are to close with the loss of about 1,200 jobs. Read More… |
The company behind snooker hall chain Rileys has gone into administration, with insolvency specialists now seeking a buyer for the business. Four venues have been closed as a result of the process, leading to 44 job losses. Read More… |
Business leaders have called for more support to help companies reopen from the start of August, following the updated guidance issued by the Prime Minister. Read More… |
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A project to transform part of a seven-storey office building in Birmingham into more than 40 apartments has been waved through. Read More… |
A second council is set to have its say on revised plans to create up to 2,300 homes and new jobs on the site of a former power station in Staffordshire. Read More… |
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A five-point plan to boost the aerospace supply chain in the Midlands has been unveiled. Read More… |
The head of the UK’s first ever engineering academy has retired. Read More… |
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Member Exclusive News | A new Wren Kitchens showroom has opened its doors in Worcester. Read More… |
Restaurant brand @pizza is seeking seven shipping container sites for its new drive-thru concept, which it plans to roll out in retail park locations initially in Birmingham and Edinburgh or Glasgow. Read More… |
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Services & Guides | | Find an adviser to help you buy, sell or invest in a business. Read More… |
| The region's top places to hold events, conferences and meetings. Read More… |
| The region's top hotels and accommodation. Read More… |
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