Today's West Midlands business news from Insider |
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West Midlands
Tuesday 19 May 2020

Latest News

Top Story

Green light tipped for speedway transformation

A former speedway could be transformed into an £16.8m industrial and warehouse scheme which would create hundreds of jobs, if the go-ahead is granted next week.
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Insider Feature
Feature 1

Business Matters: Relighting the economy with heat

In this blog, Professor Martin Freer, director of the Energy Research Accelerator and the Birmingham Energy Institute, suggests that one of the ways we can both restart the economy and fight climate change is by focusing on decarbonisation of heat.
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Deals

Nominations open for Midlands Dealmakers Awards

Insider wants the Midlands’ professionals to choose the region’s very best M&A transactions, people and organisations for the 2020 Midlands Dealmaker Awards.
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Investment management firm takes Purplebricks stake

An investment management business has acquired a stake in Solihull-headquartered online estate agency, Purplebricks.
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Restaurant business eyes Carluccio’s deal

The restaurant business owned by the founder of Birmingham-headquartered food giant 2 Sisters is to save 900 jobs at Carluccio's, according to reports.
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WAVs provider secures funding boost

A Wednesbury-based provider of Upfront Wheelchair Accessible Vehicles (WAVs) has received a six-figure loan to support it through the current pandemic.
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DWF partner advises on £100m placing

A Birmingham-based corporate partner at DWF advised on a Dublin-headquartered technical and creative services provider to the global video games industry securing £100m by way of a placing.
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Santander hands university five-figure funding

Coventry University has received a £25,000 funding boost from Santander to help support student-ran businesses during the Covid-19 pandemic.
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Insider Feature
Feature 2

Ask the expert: Can a temperature screening system help with staff and customer confidence?

Gary Harmer, sales director at Hikvision UK & Ireland, says innovative technological approaches like temperature screening will be crucial in enhancing confidence in workplace and public safety – but potential users need to be aware of issues around their implementation, and realistic in their expectations about performance.
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Business

Revenue surges further past £1bn at HomeServe

Revenue surged further past the £1bn mark at Walsall-headquartered HomeServe during its latest financial year, new figures have confirmed.
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Severn Trent tenders £500m contract

Coventry-headquartered Severn Trent has put out a clean water contract worth almost £500m to tender.
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Government unlocks more funding for UK businesses

With more than £2bn of grants for small businesses left unclaimed, the government has announced a further £617m available to local authorities to distribute to those "out of scope of the original scheme".
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Baldwins partnering on rural innovation centre

Accountancy and business advisory firm Baldwins is partnering with universities and commercial enterprises on a new national innovation centre to support the UK's rural economy.
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£35m set aside to secure vital routes

Vital freight routes into, out of and around the UK are set to benefit from a £35m scheme designed to help ensure critical goods – such as food and medical supplies – can move freely.
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Pandemic pushes Topps Tiles into half-year loss

Topps Tiles slipped to a half-year loss because of the impact of the Covid-19 pandemic, new figures have shown.
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Property

New Mailbox owner’s transformation plans backed

Plans by the new owner of the Mailbox in Birmingham city centre to revitalise the shopping and leisure destination have been backed.
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Sale of prominent city centre buildings to move closer

A move to sell a collection of three prominent buildings in Birmingham city centre, including a pair of grade II-listed properties, could be approved next week.
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Detailed plans in for next Smithfield phase

Detailed plans have been submitted for next phase of Smithfield project as the hotel and apartments near completion at the Stoke-on-Trent site.
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Work starts on university’s renewable energy research centre

Construction has started on the University of Birmingham's new renewable energy research and innovation centre.
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Avison Young to lead Birmingham property review

Avison Young has been appointed by Birmingham City Council to lead a large-scale review of its commercial investment property portfolio.
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Paragon Bank provides almost £12m to support major scheme

Solihull-headquartered Paragon Bank has provided an £11.8m funding package to EquaGroup to assist with the acquisition of a site known as Ironbridge House in Hanwell, London, and its subsequent conversion into 57 residential apartments.
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Manufacturing

GKN Aerospace to help make all-electric commuter aircraft

Redditch-headquartered GKN Aerospace has signed on to help develop the world's first all-electric commuter aircraft designed from scratch.
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Historic firm appoints UK general manager

A German battery company which can trace its roots back more than 90 years has appointed a new general manager of its UK operations, headquartered in Newcastle-under-Lyme.
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Other News

UK bus and coach market driven up

Aldi launches Deliveroo partnership

Self storage sector ‘well placed’ to navigate pandemic

Midlands Top 500 Companies List - contact 1000s of the region’s top decision makers by phone or email

Member Exclusive News

Brewery extends Wasps partnership

Warwickshire-based Purity Brewing Company has agreed a new three-year contract to continue supplying real ale to Wasps Rugby fans.
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Recruiter signs deal with tech specialist

A Stratford-upon-Avon recruitment company has signed a two-year deal with a technology specialist to source employees in the emerging battery powered aerospace industry.
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