Today's West Midlands business news from Insider |
| Moorfield Group sells pair of student schemes | Moorfield Group has sold a pair of purpose-built student accommodation schemes totalling 789 beds – on behalf of its Moorfield Real Estate Fund III and Moorfield Real Estate Fund IV – to a joint venture established between Ares Management funds and Generation Partners LLP.
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| Sumo Group makes Net Zero pledge | Video game developer Sumo Group has joined the Playing for the Planet Alliance, a collective effort by the industry to reduce its carbon footprint and integrate environmental activations into games.
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| Global chip shortage hits Jaguar Land Rover | Jaguar Land Rover has posted pre-tax losses of more than £400m for the 2021/22 fiscal year due to the impact of the global chip shortage. However, the group's chief executive said that he is "encouraged" by a record order book.
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