Today's West Midlands business news from Insider |
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West Midlands
Wednesday 24 June 2020

Latest News

Top Story

Long-serving National Express CEO to join Persimmon

The long-serving chief executive of Birmingham-headquartered transport giant National Express has tendered his resignation to take up the same role at Persimmon.
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Insider Feature
Feature 1

Business Matters: The current state of markets

With markets continuing to march higher in the wake of an unpredictable global pandemic, Suhas Sainath, senior banker at J.P. Morgan Private Bank, analyses their current state. What scenarios are the markets accounting and not accounting for? Are they oblivious to the risks, or keenly aware of them?
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Deals

Thousands of jobs safeguarded by £73.5m green tech investment

The government has announced a £73.5m investment to develop green technoligies in the automotive sector and help secure 14,000 jobs. The companies involved include Jaguar Land Rover and LEVC.
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Shares sold in listed floor coverings group

A US investment firm has reduced its stake in a Birmingham-headquartered floor coverings maker which it holds on behalf of two major banks.
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JD Sports reacquires Go Outdoors from admin

JD Sports is set to reacquire Go Outdoors out of administration in a move to restructure the outdoor clothing and equipment retailer and "preserve as many jobs as possible".
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Adviser named on acquisition of air pollution control firm

A Walsall-headquartered accountancy and business advisory firm has been named as an adviser on a deal which saw a Birmingham air pollution control company sold to a US business.
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Ardonagh Group agrees double acquisition

Insurance giant The Ardonagh Group has agreed a double acquisition.
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Insider Feature
Feature 2

Business Matters: Delivering apprenticeships during lockdown

Tasmin Raynor, head of apprenticeships at De Montfort University, looks at how to deliver apprenticeships during lockdown.
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Business

St Modwen makes “selective redundancies” to cope with pandemic

Birmingham-headquartered development giant St Modwen has confirmed it has made "selective redundancies" to help it through the Covid-19 pandemic.
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£3.2bn blueprint to kickstart West Mids economy launched

A £3.2bn blueprint to kickstart the West Midlands economy and create long-term prosperity for the region and wider UK has been submitted to the government.
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Turnover nears milestone at warehousing and transport firm

Turnover increased to almost £70m at a chemical warehousing and transport company during its latest financial year, new documents show.
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Pubs and restaurants to reopen as lockdown measures ease

Pubs, restaurants and hairdressers will all be able to reopen from 4 July, the Prime Minister has confirmed, as lockdown measures continue to be eased.
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Property

Occupier signed up to new industrial and logistics development

A company has signed up to occupy a new unit at St Modwen's newly established industrial and logistics development in Worcester.
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Mercedes-Benz expansion plans given green light

A Mercedes-Benz dealership group in Birmingham has secured the go-ahead for a new body repair centre.
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Prominent office building sold

A prominent office building in Dudley has been sold for more than £370,000.
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Proposed £12m office scheme hits the market

A proposed £12m office development in Warwickshire has hit the market.
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£14m apartment scheme fully completed

Birmingham-based Urban Village Capital has announced full completion of its latest £14m apartment development.
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Expansion lined up by cancer treatment centres firm

Cancer treatment specialist Rutherford Health has entered into a £55m development framework agreement under which it will establish up to five new facilities in the UK to provide diagnostic services to the NHS and to private patients.
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Manufacturing

Pandemic contracts to keep plastics maker in the black

A plastics manufacturer has said a number of pandemic contracts from the NHS and supermarkets will help keep it in the black in 2020.
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Other News

Midlands Top 500 Companies Database - contact the region’s top decision makers

Member Exclusive News

Demolition works at £30m scheme nearing completion

Demolition works at a logistics and distribution scheme in Newcastle-under-Lyme are nearing completion.
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Railway training facilities open

New facilities have opened in the West Midlands to train railway staff to keep the network running safely.
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