Today's West Midlands business news from Insider |
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West Midlands
Wednesday 25 November 2020

Latest News

Top Story

Corporate finance giant’s “strong start” provides Covid help

The Birmingham-headquartered UK arm of a global corporate finance giant has said its "strong start" to 2020 provided it with a "significant buffer" against the on-going Covid-19 pandemic.
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Insider Feature
Feature 1

Business Matters: Real estate and construction - how do we build growth from here?

Ray Abercromby, tax partner at the Birmingham office of Smith & Williamson, offers some practical actions to consider to drive business growth in challenging times.
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Deals

MBO at logistics, transport and shipping services firm

A Birmingham-headquartered provider of logistics, transport and shipping services has completed a management buyout (MBO).
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Asbestos analyser maker passes Crowdcube target

A Stourbridge company which is developing what is expected to be the world's first handheld asbestos analyser has surpassed its Crowdcude target.
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Finance provider reveals lending milestone

Wolverhampton-based BCRS Business Loans has announced record lending during the coronavirus pandemic.
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£594m deal recommended to GoGo Group shareholders

Terms have been agreed on a recommended takeover offer for GoGo Group in a deal which values the operator of price comparison website GoCompare.com at almost £600m.
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Garages group secures six-figure pandemic boost

A group which runs car garages across the UK has secured a £750,000 loan from HSBC UK through the Coronavirus Business Interruption Loan Scheme (CBILS).
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Food industry equipment firm snapped up

A company, which processes equipment to the food industry, has been sold to a German multi-national business. The Midlands team of BDO advised on the deal.
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Third generation takes over at family-owned hydraulics company

A hydraulics company has passed into the third generation of family ownership following a management buyout (MBO).
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Insider Feature
Feature 2

Business Matters: Extraordinary times provide a catalyst for change

The Covid-19 pandemic was unforeseen, unexpected and unwanted, but has been the catalyst for businesses, people and economies to adapt to survive, which says much about the resolve of the region’s business community, according to Graham Spalding, partner in the Corporate and Commercial practice of regional law firm Lodders.
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Business

Turnover driven up at car dealership group

Turnover was driven up at one of the largest car dealership groups in the country during its latest financial year, new figures have revealed.
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Record results for historic accountancy firm

Record results have been reported by a historic Midlands accountancy firm for its latest financial year.
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Isolation concerns raised by business academic

Too many directors are struggling in isolation because of lockdown, affecting their ability to look at how they should be positioning their businesses, according to a key panellist at Insider’s forum on the issue.
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Stable financial year for historic logistics giant

A stable set of results have been reported by a logistics giant which has been trading for 150 years.
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Property

Funding for 15-storey hotel secured

The funding behind the construction of a 15-storey hotel, restaurant and retail units at Exchange Square 2 in Birmingham has been secured.
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Hundreds of jobs tipped for new retail park

Hundreds of jobs could be created if plans for a new retail park in Tamworth are backed next week.
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House builder “cautiously optimistic” for the future

A Staffordshire house builder has said it is "cautiously optimistic" about its future but still concerned about the ongoing pandemic.
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Developer exchanges contracts on Phoenix 10

A property developer has exchanged contracts with Walsall Council and Homes England on the Phoenix 10 regeneration scheme.
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Overbury hired by Mazars for Two Chamberlain Square project

Overbury has been appointed by international tax, audit and advisory firm Mazars to deliver its new space at Two Chamberlain Square in Birmingham city centre.
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Property investor buys business park

A Birmingham-based regional property investor has acquired a 16-acre business park near Milton Keynes.
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Plan submitted for £1m expansion scheme

An application for a £1m project to extend the premises of a Warwickshire business that designs and manufactures fitness equipment has been submitted.
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Manufacturing

Turnover and profits rise at lubricants maker

Turnover and pre-tax profits rose at one of the largest independent lubricants company in the UK during its latest financial year.
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JLR signs new partnership with university

Up to 300 new apprentices, undergraduates and graduates are set to join Jaguar Land Rover in September 2021 after signing a new deal with the University of Warwick.
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Toyota’s UK arm returns profit as turnover nears €3bn

Turnover accelerated to almost €3bn at the UK arm of car manufacturing giant Toyota during its latest financial year while it also returned to making a pre-tax profit.
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Results dip for stainless steel maker’s UK arm

The results of the Darlaston-based UK arm of a stainless steel manufacturing conglomerate headquartered in Spain have dipped during its most recent financial year, new documents have revealed.
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Other News

NEW Midlands Top 500 Companies Database - Preorder today and get the Early Bird Offer

Member Exclusive News

Warriors extend commercial partnership

Worcester Warriors have secured an extended commercial partnership with workplace technology company EBC Group for the 2020/21 season.
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Siddall Jones wins instructions for city centre offices

Siddall Jones has won instructions to let two grade A refurbished office developments in Birmingham city centre.
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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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