Today's West Midlands business news from Insider |
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West Midlands
Wednesday 7 October 2020

Latest News

Top Story

Codemasters set to more than double half-year revenue

Revenue at Warwickshire-headquartered video game developer Codemasters is expected to more than double when the listed company announces its half-year results.
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Insider Feature
Feature 1

Business Matters: What to do when furlough ends

The government’s furlough scheme has been keeping many businesses afloat, but with new restrictions and the threat of a second wave looming, will the new Jobs Support Scheme be enough to save jobs? What else can businesses do to keep cash flowing?
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Deals

Audio products maker secures multimillion-pound funding

A Warwickshire-based company which makes audio products for the automotive industry has secured a funding boost worth more than £2m.
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Wilkes advises on £20m bank investment

Birmingham-based The Wilkes Partnership has advised GBB on an investment of £20m by the £5.3bn Teesside Pension Fund.
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WR Partners buys chartered accountancy

Shorpshire-headquartered WR Partners has acquired Howard Worth Chartered Accountants in Cheshire.
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UK Government commits £160m to boost offshore wind sector

Prime Minister Boris Johnson has outlined plans to boost the offshore wind sector, including a £160m investment in infrastructure.
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Business

Wasps seek help as pandemic’s impact revealed

Coventry-based Premiership rugby club Wasps have asked bondholders to waive covenants, while the extent the club's finances have been impacted by the Covid-19 pandemic was revealed.
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Embrace sustainability to help escape Covid crisis - expert

Business leaders must embrace the sustainability agenda now to help navigate their companies out of the Covid-19 crisis, according to an expert on an Insider forum.
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Senior Birmingham hire for Knight Frank

Knight Frank has appointed a new senior surveyor to its Birmingham office.
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Half-year pre-tax profit jump at Tesco

Interim pre-tax profits have surged at Tesco as the business responded to the coronavirus pandemic. The supermarket giant also named its new chief financial officer.
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Virgin Money UK to cut 400 jobs

Virgin Money UK has set out plans to cut a further 400 jobs across the UK.
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Property

Plans in for more than 550 homes

Formal plans for more than 550 homes have been submitted for an 18-hole golf course in Coventry.
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Online electricals retailer creates 120 jobs

Online electricals retailer AO has opened its third distribution warehouse in four months, creating 120 jobs in Stoke-on-Trent.
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Plans for new university centre move forward

A higher education institution has been appointed to move forward a multimillion-pound plans to create a new university centre.
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Decoration firm wins contract for city’s tallest flats tower

A Warwickshire-headquartered commercial decoration company has won a contract to carry out the decorating and finishing of Birmingham's tallest residential tower block.
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Green light tipped for affordable homes

Proposals for 65 affordable homes in Warwickshire are set to be approved today.
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Contractor named for £5.6m school extension

A contractor has been appointed to build a £5.6m extension to a boy's school in Birmingham.
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Housing association to transfer two sites

A housing association is to transfer two of its Birmingham older people’s schemes to a new provider.
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Manufacturing

Sales accelerate at JLR despite Covid-19 hit

Jaguar Land Rover's sales significantly improved during its second quarter but continued to be impacted by the Covid-19 pandemic, new figures have revealed.
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Tarmac in the red after “political and economic uncertainty”

Solihull-headquartered Tarmac fell to a pre-tax loss during its latest financial year because of "political and economic uncertainty".
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Queen’s Award winner increases turnover and profits

A Shropshire aluminium foil tray manufacturer, which won a Queen's Award in the spring, increased its turnover and profits during the company's latest financial year.
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LCV market grows by almost a quarter

The UK new light commercial vehicle (LCV) market grew by more than a quarter last month, according to new figures.
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Enhanced focus on cleanliness boosts Henry maker

The business behind the Henry range of vacuum cleaners has said the new enhanced focus on cleanliness has left it confident for the outcome of its current financial year, after posting results featuring a rise in turnover and profits for the period before the Covid-19 pandemic.  
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Other News

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Member Exclusive News

Cricket club’s main sponsor deal ends

Worcestershire County Cricket Club's sponsorship deal with Blackfinch Investments is to conclude at the end of 2020 English domestic season.
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Bathroom retailer expands to new location

A bathroom retailer has signed a ten-year lease on a new Worcester location.
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Services & Guides

Corporate Finance Directory

Corporate Finance Directory

Find an adviser to help you buy, sell or invest in a business.
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Best Places to Meet

Best Places to Meet

The region's top places to hold events, conferences and meetings.
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Best Places to Stay

Best Places to Stay

The region's top hotels and accommodation.
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