Today's West Midlands business news from Insider |
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West Midlands
Tuesday 8 December 2020

Latest News

Top Story

Investment drive widens losses at Horiba Mira

An investment drive and a reduction in overseas business combined to widen pre-tax losses at Horiba Mira, which is at the centre of work to develop hybrid and electric vehicles in the UK, during its latest financial year. The business added that work has been carried out to reduce costs and focus on improving margin.
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Insider Feature
Feature 1

Ask the expert: Why is the cloud the ideal solution for 2021?

Duncan Ward, chief executive of Network Telecom, discusses why the cloud is the ideal solution for businesses as they enter 2021.
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Deals

Goldman Sachs invests in video game maker

Goldman Sachs has invested in one of the oldest names in Britain's video game industry which is currently the subject of a takeover bid which would value it at more than £700m.
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New lender secures Shawbrook Bank backing

A bridging and development finance lender launched during the Covid-19 pandemic has secured funding support from Shawbrook Bank.
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Investment firm takes stake in Dignity

A London-based investment firm has taken a stake in Sutton Coldfield-headquartered funeral giant Dignity.
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Alchemy urges Countrywide to take no action on upped Connells offer

Private equity firm Alchemy Partners, which is working with Countrywide on a possible £70m recapitalisation, has urged the estate agency group to take no action on Connells increased offer for the business.
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Insider Feature
Feature 2

Business Matters: From screens to greens

Graeme Pratt and James Fairweather from Pegasus Group say the environment we live in and constantly interact with changes slowly so we do not always notice the shifts in emphasis.
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Business

School payment firm eyes European expansion

A Coventry-based provider of school payment and parental engagement services has outlined plans to expand further across the UK and Europe as its earnings continue to rise.
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PR firm on course for best-ever year

An Albrighton-based PR firm has said it is on course for its best-ever year after it secured a number of new client wins.
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Begbies reports “strong financial performance”

Begbies Traynor Group has reported a "strong financial performance" for the first half of its financial year.
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New CEO named for London Stock Exchange

A new chief executive has been named by the London Stock Exchange Group.
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Property

Further investment secured for £210m life sciences campus

A bid to develop a £210m life sciences campus in Birmingham, which could create 10,000 jobs, has received a new boost.
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Global retail company secures new base

An unnamed global retail company has exchanged contracts to lease a planned 120,000 sq ft base near Birmingham.
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City centre apartments plans approved

An application to transform a Coventry city centre building into more than 40 apartments has been given the go-ahead.
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Heating changes to lead to ‘major design changes’

The banning of gas heating in houses will lead to major changes in design, the boss of one of the UK’s largest builders has said.
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Offices tipped for new homes

Offices in Birmingham once used by a lighting design company could be converted into almost 20 apartments, according to newly submitted proposals.
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Fresh development strategy for property company

A Birmingham property company has launched a new development strategy.
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Jewellery Quarter apartments plans submitted

Plans have been submitted to convert offices in Birmingham's Jewellery Quarter into new apartments.
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Health clinic earmarked for new flats

Proposals to transform a former health clinic in Stoke-on-Trent into new apartments have been submitted.
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Manufacturing

Aston Martin unveils SUV special edition

Aston Martin has unveiled a special edition of its first SUV through a partnership with a single malt whisky distillery.
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Half-year results remain steady at Solid State

Revenue and pre-tax profits remained steady at Redditch-headquartered electronics maker Solid State during the first half of its financial year, new figures have revealed.
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Senior hire for historic manufacturer’s UK arm

A senior appointment has been made by the Burton-upon-Trent-based UK arm of a central heating pump maker, which can trace its roots back to 1872.
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Listed manufacturer reveals more details about £3.6m risk

Malvern-based tube maker Tricorn Group has revealed more details about a balance sheet exposure risk of £3.6m which It uncovered last month.
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Work on new electric car to start in New Year

A Staffordshire company is to start production of its new electric car in early 2021.
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Other News

NEW Midlands Top 500 Companies Database - contact thousands of the senior decision makers

Member Exclusive News

Walsall extend partnership with Poundland

Walsall Football Club have announced the extension of their partnership with Poundland through to the end of the 2020-21 season.
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Wolves name Molineux betting partner

Wolverhampton Wanderers have named BoyleSports as the club’s Molineux betting partner for the 2020/21 season.
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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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