Today's West Midlands business news from Insider |
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West Midlands
Wednesday 8 July 2020

Latest News

Top Story

Funding sought for Interchange project as milestone passed

Plans for the West Midlands Interchange project, which could create 8,550 new jobs, are to move forward after passing a major milestone.
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Insider Feature
Feature 1

Business Matters: Ambition will drive growth for West Midlands firms

Richard Whitwell, head of LDC in the Midlands, has said making predictions at any point in the economic cycle is difficult but doing so amidst the biggest public health emergency in living memory makes it almost impossible.
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Deals

Halfords secures £25m CLBILS boost

A total of £25m has been secured by Halfords through the government's Coronavirus Large Business Interruption Loan Scheme (CLBILS) as "contingency funding".
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Estate agency bought out of administration

A Birmingham-headquartered residential property group has bought a Worcestershire estate agency out of administration.
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Autins Group receives £2.75m CBILS funds

Warwickshire-headquartered supplier to the automotive industry Autins Group has received £2.75m in CBILS funds.
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BFS provides £40m during record month

Bibby Financial Services (BFS) provided £40m in fresh funding facilities during June as it continued to grow its support for larger SMEs.
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Shares transferred after investor’s acquisition completes

Shares in The Works, Knights Group, Purplebricks and Clinigen belonging to Merian Global Investors have been transferred to the London investment firm's new owner after its acquisition was completed.
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Insider Feature
Feature 2

Business Matters: Restructuring

Mark Wilson, partner at Gateley, looks into how businesses will be restructuring.
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Business

Aldi CEO makes British meat vow

The chief executive of Aldi's UK arm has vowed that the supermarket will only ever sell fresh chicken and beef from British farmers. The chain has also ruled out selling chlorinated chicken or hormone treated beef, regardless of any future trade deals.
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Business organisations hail Sunak’s Kickstart Scheme

Business organisations have hailed the government's Kickstart Scheme, which will allow employers to offer subsidised work placements for young people claiming Universal Credit.
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UK’s LCV market falls by almost a quarter

The UK new light commercial vehicle (LCV) market fell 24.8 per cent in June, as lockdown measures eased and businesses began to return to work, according to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT).
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Property

Transformation of former school tipped for go-ahead

The redevelopment of a former high school site into almost 120 apartments and town houses has been recommended to be given the green light next week.
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Go-ahead tipped for new apartments plans

Proposals to knock down two industrial buildings in a Warwickshire town and create new apartments have been recommended for approval.
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Office investor launches £300m fund

An investor in regional offices has launched its third UK commercial real estate fund with a target size of £300m.
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Manufacturing

New group CEO for PE-backed manufacturer

A new group chief executive has been appointed at a private equity-backed manufacturer which works with the likes of Rolls-Royce, Airbus and Bombardier.
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Last-ever steel chassis finished by Morgan Motor Company

The last-ever steel chassis has rolled off the line at Morgan Motor Company's Worcestershire factory.
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Royal Mail partners with LEVC to test electric van

Royal Mail has taken delivery of a prototype of LEVC's new electric van for use in real-world testing.
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Other News

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

Member Exclusive News

Firm’s relocation creates new jobs

A domestic repairs and cleaning company plans to create up to ten jobs after expanding into premises in Redditch.
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Contractor names for major scheme’s first phase

A contractor has been appointed to build the first phase of a major council house scheme in Wolverhampton.
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