Today's West Midlands business news from Insider |
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West Midlands
Friday 30 April 2021

Latest News

Top Story

Listed group moves for information management firm

A Wolverhampton-based information management company working with large and medium-sized companies is set to be acquired by a listed counterpart in a £61m deal.
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Insider Feature
Feature 1

Business Matters: When dying becomes your exit strategy

Sam Hart, associate partner and head of private client tax at Claritas Tax, offers her advice on your exit strategy.
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Deals

FireAngel to raise £6.9m with open offer

FireAngel, a Coventry-based smoke alarm and carbon monoxide detector manufacturer, is proposing to undertake an open offer to raise up to approximately £6.9m. The company has also released its final results showing a dip in revenue and a pre-tax loss.
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Clearwater reports strong demand for buy-and-build transactions

Clearwater International's Debt Advisory team has advised on seven buy-and-build transactions since the start of the Covid-19 pandemic, with a combined value of £239m.
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Partnership offers £6m funding for health-based start-ups

Innovation foundation Nesta and UK Research and Investment have unveiled a new two-year partnership to provide up to £6m in combined investment and grant funding for companies working to improve health outcomes in later life.
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BT confirms early discussions about future strategy for BT Sport

Telecoms giant BT Group has confirmed it is in early discussions with a number of select strategic partners about ways to generate investment in order to strengthen its sports business and help take it to the next stage in its growth.
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Insider Feature
Feature 2

Business Matters: Addressing cyber risk is critical to building back better

Del Heppenstall, cyber security partner at KPMG, says In line with broader national sentiment this spring, there is distinct positivity in the air when considering the cyber resilience of the region’s privately owned businesses.
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Business

Business confidence surges in the Midlands

Business confidence surged across the East and West Midlands in April, according to new figures.
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Moto creates 120 jobs with new service area

Moto has created 120 jobs with the opening of its new motorway service area in Rugby following a £40m investment.
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Strong trading for Card Factory as refinancing agreed

Card Factory has reported strong trading following the reopening of its stores earlier this month. The listed high street gift card retailer has also agreed terms on a refinancing of the business.
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‘Solid progress’ for AstraZeneca

AstraZeneca has been buoyed by solid Q1 progress and is eyeing further growth as the impact of Covid-19 begins to subside.
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Insider Feature
Feature 3

Ask the expert: How businesses can take advantage of the latest government funding incentives to recruit and upskill their workforce

Tasmin Raynor, head of apprenticeships at De Montfort University, discusses how businesses can take advantage of the latest government funding incentives to recruit and upskill their workforce.
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Property

World’s first pure octagonal flats tower secures approval

A planning application for the world’s first pure octagonal residential tower has been approved.
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Green light for job-creating scheme on former copper works site

A major commercial development aiming to provide new employment uses on the site of a former copper works in Walsall has secured the green light. The scheme is expected to create hundreds of jobs in the region.
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Work starts on Birmingham’s first smart-enabled building

The construction of Birmingham’s first smart-enabled building, Enterprise Wharf, is now underway at the Innovation Birmingham Campus.
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Go-ahead for student accommodation on former BT site

Plans for a new student accommodation development on a former BT site in Birmingham have been given the go-ahead.
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Open Study College invests in second office

Distance learning provider Open Study College has invested in a second office near its existing West Midlands headquarters following its 100,000th student milestone.
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IM Properties completes £7.5m neighbourhood centre

IM Properties has completed a £7.5m neighbourhood centre at its Blythe Valley Park scheme in Solihull.
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Worcester’s railway arches transformation gets underway

Work has got underway on the transformation of Worcester’s railway arches into a new cultural quarter for the city.
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Matthews & Goodman appoints partner in the West Midlands

Specialist property consultancy Matthews & Goodman has appointed a new partner to spearhead the firm’s launch in the West Midlands.
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Insider Feature
Feature 4

Ask the expert: How to use apprenticeships to grow your business

Helen Birbeck, apprenticeship adviser at GBSLEP Skills Hub, says apprenticeships can help businesses boost productivity and grow. Plus employers can now receive a financial incentive of £3000 for hiring an apprentice (with an additional £1000 if they’re aged 16-18). Apprenticeships are a great cost-effective way of expanding your team or upskilling your existing staff.
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Manufacturing

March rise for UK car production

UK car production rose by almost 50 per cent in March, according to new figures. This represents the first increase after 18 months.
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Other News

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Member Exclusive News

Wasps agree partnership with hummel

Coventry-based Premiership rugby club Wasps have agreed a technical and retail partnership with sportswear brand hummel.
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Coventry Blaze partners with Coventry 2021

Coventry City of Culture Trust has formed a new partnership with ice hockey team Coventry Blaze.
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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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