Today's West Midlands business news from Insider |
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West Midlands
Wednesday 15 April 2020

Latest News

Top Story

Major deal recommended for listed software firm

A listed software and managed services provider is set to be acquired in a deal which values it at more than £80m.
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Insider Feature
Feature 1

Business Matters: Understanding the unprecedented - acknowledging the road ahead

Andy Gregory, head of investments at BGF, looks at the impact of Covid-19 on businesses so far and what lies in store over the coming months.
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Deals

More than £400,000 raised by immersive tech firm

A Shropshire-based immersive technology company has raised an additional £435,000 in funding.
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Fresh dog food firm secures almost £2m boost

A Shrewsbury-based subscription service for fresh dog food has secured almost £2m through investors in Seeders, smashing its original fundraising target by more than 250 per cent.
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Connect Group to sell Tuffnells in £15m deal

Connect Group has agreed a deal to sell logistics business Tuffnells for £15m.
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Insider Feature
Feature 2

Business Matters: Coronavirus Business Interruption Loan Scheme (CBILS) – Businesses need to take a step back before applying

Roy Farmer, corporate finance partner at Dains Accountants, has said before businesses apply for loan support under the government-backed Coronavirus Business Interruption Loan Scheme (CBILS) it is worth a few minutes of reflection to consider how to make the application successful.
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Business

New partner for Clearwater International

Clearwater International has appointed a new partner at its Birmingham office and head of real estate finance in the UK.
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Firms still struggling to access funding support - BCC

Companies are still struggling to access funding through the Coronavirus Business Interruption Loan Scheme (CBILS) according to the latest British Chambers of Commerce (BCC) tracker.
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HS2 passes major milestone

A major milestone has been passed in the long-running battle to start constructing HS2.
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Revenue surge for Compare the Market owner

Revenues at the group which includes the company behind comparison site Compare the Market jumped to more than £750m during its latest financial year, new documents have revealed.
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Central England Co-op hires 1,000 new staff

Central England Co-op can has hired 1,000 new staff to help keep stores open for local communities following the outbreak of the coronavirus.
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Coventry City of Culture test event cancelled

The test event for Coventry City of Culture 2021 has been cancelled.
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Pre-tax losses slashed at communications provider

Pre-tax losses have been slashed at an integrated communications provider during its latest financial year, new figures have revealed. Its revenue also passed the £70m mark.
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Burton furlough majority of staff

Burton Albion have furloughed a number of staff because of the Covid-19 pandemic.
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Property

Aparthotel and boutique hostel plans revealed

New plans to transform vacant offices above the 02 Academy in Birmingham into an aparthotel and boutique hostel have been submitted.
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Savills acts on more than £87m of land sales in first quarter

The Savills Midlands development team acting on £87.3m of land sales across the region during the first three months of 2020.
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Manufacturer secures permission for new warehouse

A Birmingham manufacturer of plastic building materials has secured the go-ahead to construct a new warehouse.
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Multi-storey car park approved for hospital

A new multi-storey car park is to be constructed at a Birmingham hospital after the plans were given the green light.
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Number of mortgage payment holidays surpasses 1.2 million

Lenders have given 1.2 million mortgage payment holidays to customers impacted by Covid-19.
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Manufacturing

Aston Martin joins PPE campaign

Aston Martin has joined the campaign to provide Personal Protective Equipment (PPE) to frontline NHS workers during the coronavirus crisis.
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New job for automotive plastics firm’s director

A director at a plastics firm which supplies to the likes of Jaguar Land Rover, Toyota, Bentley and Aston Martin has left to join an industry giant.
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Other News

Burger King rapped over ‘vegan whopper’ ads

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Member Exclusive News

University to reopen building to help Covid-19 fight

Birmingham City University is to reopen its Seacole Building to help train hundreds of students, staff and returning workers taking on frontline NHS roles in the fight against Covid-19.
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Uni making surface and hand sanitister products

Academics and technicians at the University of Wolverhampton are producing surface and hand sanitiser in their laboratory facilities to help local NHS trusts and the council during the Covid-19 pandemic.
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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

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Best Places to Stay

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