Today's West Midlands business news from Insider |
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West Midlands
Tuesday 14 July 2020

Latest News

Top Story

Assets under management surge at listed investment firm

A Warwickshire-headquartered investment firm's asset under management surged by 58 per cent to about £800m during its latest financial year.
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Insider Feature
Feature 1

Business Matters: Office safety after lockdown

Lucy Cheatham, head of marketing at HIVE360, looks at how offices will need to prepare after lockdown.
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Deals

Transaction activity rebounding as firms look beyond pandemic - LDC

Mid-market private equity firm LDC said there were signs transaction activity had started to rebound as more companies looked beyond the impact of the pandemic to long-term growth and diversification strategies. In a half-year update, the firm announced it had backed a total of 18 investments in the first half of 2020.
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More than £300m grants still to be allocated to businesses

More than £300m allocated to local authorities to support businesses has yet to be handed out, according to new figures.
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Public affairs consultancy acquired and rebranded

A public affairs consultancy has been acquired and relaunched by BECG (Built Environment Communications Group).
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ThinCats to open up CBILS loans to new customers

ThinCats is opening up Coronavirus Business Interruption Loan Scheme (CBILS) loans to new customers introduced through business finance intermediaries.
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Retail investor reduces Portmeirion stake

A retail investment company has reduced its holdings in Stoke-on-Trent-headquartered listed homewares maker Portmeirion.
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Creative Support backed by £25m boost

Creative Support has secured a £25m refinancing deal in a move which provides it with a solid platform for long-term security and growth.
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Insider Feature
Feature 2

Talking Point: Encore-managed block among first in the country to benefit from ACM Cladding Remediation Fund

Tom Hopson, associate director of Encore Estate Mangement, talks about the importance of the removal and replacement of ACM cladding and the government's new Building Safety Programme.
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Business

Further job losses expected for city’s cultural landmarks

Half of the employees at Birmingham's Town Hall and Symphony Hall are at risk of redundancy because of the Covid-19 pandemic, it has been announced.
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Birmingham 2022 names host broadcaster

More than 150 jobs are to be created in the West Midlands creative industries after a company was selected as the host broadcaster to deliver coverage of the Birmingham 2022 Commonwealth Games.
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Europe’s ‘best investment opportunity’ set to bring 70,000 jobs

The Midlands is set to have one of the world’s top ten best-connected sites, with the potential to create 70,000 jobs and bring some £6bn a year to the regional economy.
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Redundancies revealed at Championship rugby club

Championship club Coventry Rugby have announced a series of redundancies because of the impact of the Covid-19 pandemic and RFU funding cuts.
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Man City ruling a multimillion-pound blow to Wolves – expert.

An academic at Birmingham City University has said Manchester City's two-year ban from European football being overturned is a multimillion-pound blow to Wolverhampton Wanderers.
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Major contracts retained by waste management firm

A waste management company has retained a pair of three-year contracts with engine manufacturing world leader Cummins and pharmaceutical industry giant Recipharm.
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Property

New supermarket plans set for vote

A new Lidl supermarket could be constructed in Staffordshire if the go-ahead is granted next week.
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Former pub earmarked for new flats development

A former pub in Coventry could be knocked down to make way for a new apartment development, according to newly published plans.
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Partner sought for city centre homes scheme

A city council is seeking a development partner to transform the site of a swimming pool into a new 50-home scheme.
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Manufacturing

Results driven up at Peugeot’s UK arm

Revenue increased by almost £70m at the UK arm of Peugeot during its latest financial year, with the company's pre-tax profits also rising.
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Other News

Motorpoint’s revenue and profits take lockdown hit

DFS to slip to loss as revenue falls by £270m

Midlands Top 500 Companies Database - contact the region’s top decision makers

Member Exclusive News

New group managing director for property firm

A new group managing director has been hired by a Stoke-on-Trent-based property company
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Senior hires for interior design company

A Birmingham-based interior design company has made two senior hires.
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