Today's West Midlands business news from Insider |
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West Midlands
Insider News
Thursday 3 March 2022

LATEST NEWS

TOP STORY

International aerospace and defence engineering company Meggitt, which is set to be acquired by Parker-Hannifin Corporation in a deal worth £6.3bn, returned to pre-tax profits during its latest financial year.
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INSIDER FEATURE

Grant Peggie, director Venture Capital Solutions, British Business Bank, says from local manufacturers to innovative tech start-ups, small businesses are the foundation of the Midlands’ economy and its future growth.
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DEALS

Coventry Engineering is looking to create jobs and invest in equipment after securing a £400,000 loan.
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A Birmingham-based distribution, services and marketing company has expanded after receiving funding from Lloyds Bank.
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The value of deals in the UK health and social care sector is hitting record levels and stands at £6.01bn for 2021, according to BLM's Health Sector Deals Diagnosis.
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INSIDER FEATURE

Insider’s roundtable found that data, transparency and funding were the key issues when it came to developers seeking to cut their carbon footprint. Also, more needs to be done to take advantage of the ‘green premium’ which comes from repurposing existing buildings to modern standards.
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PROPERTY

A planning application is set to be submitted with the aim of facilitating the first phase of the Brewers Yard city living regeneration masterplan.
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Plans for a major commercial project expected to create hundreds of jobs in Tipton could soon be approved after being deferred from a previous planning committee meeting.
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A warehouse extending to almost 90,000 sq ft, which is located in the UK's Golden Triangle of logistics, has been acquired for £14.8m.
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Trebor Developments has secured a site in Telford and agreed a pre-let deal with logistics giant DHL.
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A global steel engineering business has completed a letting of more than 191,000 sq ft in Smethwick.
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Plans for a pair of major commercial units in West Bromwich look set to be deferred.
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Hortons' Estate has completed the development of a purpose-built multi-activity centre in Birmingham on behalf of a family-run removals and storage company.
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Living Space has earmarked a 2.8-acre site on the outskirts of Nuneaton for a development of affordable homes.
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BUSINESS

Endpoint Automation Services, a robotic process automation specialist, has partnered with a Chicago firm in a bid to extend its reach to the US.
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Sigma Connected, a Birmingham-based outsourcing provider, has been awarded an additional contract by a long-standing financial services client.
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Pre-tax losses have been slashed at Premier League football club Aston Villa during their latest financial year, according to new documents.
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Wealth management and professional services firm Tilney Smith & Williamson has revealed plans to rebrand, following record financial results in its first full year since completion of its merger.
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MANUFACTURING

The chief executive of Birmingham-headquartered Melrose Industries, the parent of historic engineering giant GKN, is upbeat despite reporting pre-tax losses for its latest financial year.
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OTHER NEWS

MEMBER NEWS

A Staffordshire developer has commenced the second phase of construction at a canalside development in Handsacre.
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A commercial building in Wolverhampton city centre has been sold to a private investor.
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UPCOMING EVENTS

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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The region's top hotels and accommodation.
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