Today's West Midlands business news from Insider |
Latest News | IT firm Tata Consultancy Services is moving to a new regional headquarters in Leamington Spa to consolidate its operations under one roof. The letting follows Canmoor and Tristan Capital Partners' £5m refurbishment of the former Wolseley site. Read More… |
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Khush Purewal, partner and head of corporate finance at KPMG in the Midlands, says the M&A market is booming. Whilst 2020 was an unusual year for most sectors, since the easing of lockdown restrictions, it’s fair to say that COVID-19 has accelerated a change in the market’s approach. Both in the Midlands and across the country we’re seeing deal activity moving at such pace that we’re a long way ahead of where we were last year, with more deals in the pipeline than ever. Read More… |
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A Leamington Spa-headquartered video game developer has been acquired by mobile game specialist Miniclip. Read More… |
The British Business Bank’s regional funds – the Northern Powerhouse Investment Fund (NPIF) and the Midlands Engine Investment Fund (MEIF) – have enabled more than £50m of investment into small businesses to reduce their carbon footprint. Read More… |
Designer furniture and homeware retailer MADE.com has set out plans for an initial public offering that could raise proceeds of £100m. Read More… |
Maven Capital Partners UK, a private equity investor and alternative asset manager which operates from ten offices across the UK, is to be acquired by Mattioli Woods in a deal worth up to £100m. Mattioli Woods has also struck a deal of up to £43.5m to acquire Ludlow Wealth Management, a provider of investment, financial planning and pension advice in the North West of England. Read More… |
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Dr Koushik Das Sarma, programme facilitator for the Small Business Leadership Programme (SBLP) at the University of Derby, explores how business resilience feeds into business strategy, and draws on some of the questions and feedback he has heard from SME leaders currently on the programme. Read More… |
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Pre-tax losses have been cut at a Coventry cloud-based software company, according to new interim results. Read More… |
National law firm Gateley has said it expects to report an increase in pre-tax profit for its latest financial year, with the company's chief executive eyeing further growth. Read More… |
Professional services firm PwC has appointed a new senior partner for Midlands corporate finance deals. Read More… |
An investment of more than £400m in the UK's rail network has been announced by the government including an upgrade to the Transpennine route and support for new stations in Leeds and Exeter. Read More… |
International tax, audit and advisory firm Mazars has reported revenue of more than £200m for the first time. Read More… |
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Phil Barton from Partners& says it’s a well-known fact in the insurance industry that our first exposure to buying insurance is our first car. At that time of life, insurance is expensive and we don’t have the money (or frankly, the inclination) to make a prudent choice about what insurance we put in place – and that’s when our relationship with insurance is forged. Too often, we’re programmed to always look for the cheapest deal. Read More… |
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Proposals to transform a site in Birmingham's Gun Quarter to provide more than 80 apartments have been lodged. Read More… |
Utilita Arena Birmingham, part of NEC Group, has fully let a total of 44,000 sq ft of adjoining retail space following a flurry of deals. Read More… |
A family-owned property development business has started work on the next phase of its latest residential building project in Worcestershire after securing funding support from Lloyds Bank. Read More… |
Plans have been submitted for the development of a job-creating petrol filling station and convenience store in Stoke-on-Trent. Read More… |
A £14m purpose-built student accommodation development in Birmingham has been brought to market by commercial property agent Bond Wolfe. Read More… |
Edmond de Rothschild Real Estate Investment Management has agreed to forward fund a build-to-rent development in Rugby for £43m. Read More… |
Warehouse REIT, which has assets across the UK, has been buoyed by an "important year" in its development Read More… |
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Katherine O'Donnell, GBSLEP growth hub account manager, has worked closely with many SMEs on the pilot of Peer Networks - a fully funded business growth programme for SMEs with more than five staff - with everyone she mentored having a "really positive experience". Growth Hubs across the West Midlands are now recruiting for round two of the programme and she is urging every ambitious business owner to grab the opportunity to join. Read More… |
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The chief executive of Solihull-headquartered listed manufacturing company Hill & Smith Holdings has said the business has experienced an "encouraging" start to 2021. Read More… |
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Member Exclusive News | Birmingham City FC have unveiled a new sponsor for both the men's and women's kits for the 2021/22 campaign. Read More… |
Stoke-on-Trent's iconic Spitfire is set to return to the city next month as workon its new home nears completion. Read More… |
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Services & Guides | | Find an adviser to help you buy, sell or invest in a business. Read More… |
| The region's top places to hold events, conferences and meetings. Read More… |
| The region's top hotels and accommodation. Read More… |
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