Today's West Midlands business news from Insider |
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West Midlands
Monday 12 October 2020

Latest News

Top Story

Firm snapped up by Australian software giant for £23m

An Australian wealth management and transfer agency software has acquired a Birmingham company for £23m.
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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

Poundland acquires frozen food giant

Willenhall-headquartered Poundland has acquired a frozen food retail giant in a deal that will pave the way for the creation of about 1,000 jobs.
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Carlsberg UK’s MD welcomes JV deal clearance

The managing director of the UK arm of Carlsberg has welcomed the approval of its £780m joint venture with Wolverhampton-based Marston's.
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Wattbike’s £11.5m investment wins Deal of the Month

A company which makes static bikes for the likes of Olympians, the army and the England football team securing an £11.5m investment from a private equity firm has been named as Insider's Deal of the Month for September.
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Business

New group CEO named by National Express

Birmingham-headquartered National Express has announced a new group chief executive.
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Losses widen at M6toll company

Losses widened at the company which operates the M6toll after a fall in traffic numbers.
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Telent secures Home Office contract

Warwick-headquartered technology giant Telent has secured a new contract with the Home Office.
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Job Support Scheme expanded due to Covid-19 restrictions

The government’s Job Support Scheme (JSS) will be expanded with the aim of protecting employees and supporting businesses required to close their doors as a result of coronavirus restrictions.
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The Very Group returns to profit as sales hit £2bn

The Very Group has returned to profit and posted revenues of more than £2bn for the first time.
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Edinburgh Woollen Mill ‘set to appoint’ administrators

Edinburgh Woollen Mill is reportedly on the brink of appointing administrators, putting 21,000 jobs at risk.
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Property

Further details of £210m job-creating campus revealed

Further details of a £210m life sciences campus in Birmingham, which could create 10,000 jobs, have been revealed.
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Headquarters transformation plan approved

A plan by a historic family business to transform its Birmingham headquarters to safeguard its long-term future has been voted through.
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Job-creating warehouse plans tipped for go-ahead

Plans for a job-creating warehouse in Walsall have been recommended for approval.
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Permission for Jewellery Quarter scheme given

Permission has been granted for a mixed-use scheme in Birmingham's Jewellery Quarter which will feature offices, retail, apartments, a restaurant and health centres.
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Birmingham apartments plans backed

Proposals to create 25 apartments by partially demolishing a 1930s building in Birmingham have been approved.
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MIPIM’s new 2021 dates revealed

The organiser of global property expo MIPIM has announced when its next edition will be staged.
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Vote set for new houses plans

More than 30 homes could be constructed in Worcestershire if approval is granted next week.
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Affordable homes voted through

Proposals for 65 affordable homes in Warwickshire have been backed.
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Manufacturing

Turnover increases at PPE maker

Turnover has risen at a Birmingham-headquartered manufacturer and wholesaler of personal protective clothing and equipment following the outbreak of Covid-19.
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Results rise at PE-backed workwear company

Turnover at a private equity-backed workwear manufacturer in Staffordshire increased to almost £7m during its latest financial year.
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Other News

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Member Exclusive News

Former umbrella factory contract for Principle

A historic building near Birmingham city centre that was originally an umbrella factory is to be looked after by Principle Estate Management.
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Land earmarked for new homes bought

A 3.7-acre site near Coventry, which is earmarked for more than 40 new homes, has been acquired.
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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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