Today's West Midlands business news from Insider |
| Thursday 10 September 2020 |
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Latest News | Building products maker Epwin Group slipped to a pre-tax loss during the first half of its financial year, with revenue also falling almost £50m, because of the Covid-19 pandemic. However, the Solihull-headquartered company added that it expects a "significantly improved performance" during the second half of the year.
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Nicholas Ferrar, director and patent attorney at Adamson Jones IP Ltd, says a longer-term commitment to innovation will help businesses thrive, not just survive.
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A Warwick-based energy consultancy has secured new investment as it looks to recruit and grow over the next few years.
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A Birmingham-based corporate finance team worked on a deal which saw an educational virtual reality business receive a £4.25m investment from a private equity firm.
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A Los Angeles-based investor has lowered its stake in international aerospace and defence engineering company Meggitt.
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Luxury company Burberry Group is to issue a sustainability bond which will be used to finance eligible projects.
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Praveen Gupta, national head of tax at Azets, talks about the possible reforms in tax and who will bear the burden of the circa £300bn missing from the treasure chest, which is the estimate of the overall public finance cost of Covid according to the Office for Budget Responsibility.
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Championship club Stoke City have appointed a new joint chairman.
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Homewares giant Dunelm has said it is "emerging stronger" from the pandemic despite a fall in both its revenue and pre-tax profits for its latest financial year.
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A key appointment has been announced by a hotel set to open in Coventry later this year.
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The strongest business sectors and best investment opportunities in West Yorkshire are detailed in a new Insider guide.
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The chief executive of Morrisons has hailed the way the supermarket giant's workforce stepped up to the challenges presented by Covid-19, although costs associated with the pandemic led to statutory pre-tax profit dropping by more than a quarter.
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The company behind Grosvenor Casinos and Mecca is beginning to "successfully emerge" from the challenges presented by the lockdown as it looks to rebuild revenues.
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Mehjabeen Patrick, from Creative England & Creative Industries Federation, offers her advice on how creatives can proactively plan now for success in a post-Covid world.
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A site in Solihull earmarked for more than 200 apartments has been bought for almost £2m.
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Our latest survey hopes to explore how the Midlands' property and construction sectors manage their greatest challenges.
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Work to convert a historic industrial site in Coventry into a new £2.4m creative hub for artists in time for UK City of Culture 2021 has begun.
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Land on the outskirts of Leamington Spa has been acquired ahead of being transformed into new homes.
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The London arm of Coventry University has announced plans to launch a new campus in Greenwich.
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Homes England has entered into a seven-year partnership with Invest & Fund, a development finance lending platform, to increase the amount of finance available to SME developers.
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A £6m extension has been granted to a programme to help small manufacturing companies in the East and West Midlands.
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The Shropshire-headquartered UK arm of Müller is to consolidate its FRijj brand into another trading division from the start of next year.
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"Unprecedented challenges" forced listed building products manufacturer Forterra to make a pre-tax loss during the first half of its financial year. However, the company said that trading since emerging from lockdown through to the end of August has "exceeded management expectations".
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A Covid-19 screening device which gives results within 20 seconds has been launched.
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Member Exclusive News | A Rowley Regis-based fragrance company has extended its partnership with Worcester Warriors as a shirt sponsor of three of their teams.
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Birmingham City FC have named their official nutrition partner for the up-coming season.
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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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