Today's West Midlands business news from Insider |
| Thursday 26 November 2020 |
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Latest News | More than 2,000 private and student apartments could be constructed in the Digbeth area of Birmingham in a development which could generate thousands of jobs if the plans are given the go-ahead next month.
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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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An investment company has increased its stake in one of the oldest names in Britain's video game industry. The business is currently the subject of a takeover bid which would value it at more than £700m.
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Kingsway Asset Finance has been accredited as a new lender for the Coronavirus Business Interruption Loan Scheme (CBILS) by the British Business Bank.
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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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Revenue slumped by almost £800m at Birmingham-headquartered pubco giant Mitchells & Butlers, whose brands include Miller & Carter, All Bar One and Toby Carvery. The company also reported a pre-tax loss during its latest financial year because of the Covid-19 pandemic.
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Pre-tax profits at Coventry-headquartered water provider Severn Trent decreased by more than 20 per cent during the first half of its financial year, new figures have revealed.
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Insurance, risk management and consulting firm Gallagher has announced a new regional managing director for the Midlands.
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An e-bike company founded in India is set to receive backing to help establish a UK headquarters in Birmingham.
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Business leaders have reached to Chancellor Rishi Sunak's Spending Review.
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The business events industry has welcomed the news that the sector will be allowed to reopen following the end of lockdown under the government's revised tier system.
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Pre-tax profits increased at car retailer Motorpoint during the first half of its financial year despite revenue falling by almost £150m.
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A law firm has launched a new restructuring and insolvency team.
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A proposal to create 45 new apartments in Birmingham city centre has been recommended for the go-ahead.
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Proposals have been submitted to build almost 40 student bedrooms in Birmingham.
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A site in Peterborough earmarked for a major employment development has been snapped up by a Birmingham company.
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A driverless vehicle testing centre, which will be used by cars going up to 155mph, is set to be completed in March 2021, the company behind the project has confirmed.
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A major data centre is to be built on a flagship business park in Worcestershire after the green light was given.
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Enabling works have been agreed for HS2's to enable the planned Birmingham Eastside extension to serve the new Curzon Street Station on its proposed route to Digbeth.
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Countryside has signed a new lease agreement with City of Wolverhampton Council to extend space at its current headquarters.
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Staffordshire University has broken ground on a new £5.8m Centre for Health Innovation at its Stafford campus
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About 230 jobs have been put at risk after the German Mann+Hummel Group revealed plans to close its Wolverhampton car parts production facility.
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Car manufacturing in the UK slumped by almost 20 per cent in October, according to new figures.
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Member Exclusive News | Wolverhampton Wanderers have expanded their partnership with an energy company which is based in the city.
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Aldi, which has its UK head office in Warwickshire, is introducing 100 per cent recyclable packaging for its own-brand boxed cereal.
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Services & Guides | | | Find an adviser to help you buy, sell or invest in a business.
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| | The region's top places to hold events, conferences and meetings.
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| | The region's top hotels and accommodation.
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