Today's West Midlands business news from Insider |
| Wednesday 16 September 2020 |
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Latest News | An independent oil and gas exploration and production company has acquired a geothermal energy generation business in Stoke-on-Trent. The total consideration could rise to a maximum of £12m.
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Keith Rose, director, business development (Midlands Region) at Arbuthnot Commercial Asset Based Lending Limited, offers his expertise business growth in a post-Covid world.
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A rubber products maker based in Shropshire has acquired a vacuum moulding company in Lancashire.
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Retail giant Next has agreed a joint venture deal for the UK and Ireland business of Victoria's Secret.
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A Sweden-based advisory business has merged with Clearwater International, which has an office in Birmingham.
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Luxury fashion brand Burberry has revealed the final terms of a £300m bond that will fund a range of sustainability projects.
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Mitie's proposed £271m deal to acquire Interserve's facility management business is to be looked at by the Competition and Markets Authority.
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Lending to businesses at the British Business Bank has surpassed the £8bn mark, according to new documents.
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Turnover and pre-tax profits rose at a Birmingham-headquartered education catering group during the year it was acquired by a French counterpart, new documents have revealed.
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Warwick-headquartered technology giant Telent has been awarded new work from Openreach to support the UK’s biggest ultrafast broadband build.
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A new battery recycling facility will open in Willenhall next month, with plans to create 30 new jobs over the next two years.
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A Telford-based energy storage and battery company has clinched a new partnership deal as part of a strategic plan to help it expand.
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A national property consultancy has secured 12,000 sq ft of office space on the eighth floor of Two Snowhill, Birmingham.
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The company voluntary arrangement proposed by fashion retailer New Look has been approved in a move that safeguards jobs.
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The site of an empty office building in Lichfield which is earmarked to be transformed into 35 apartments has been acquired for £1.2m.
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HS2 is trailing artificial intelligence in order to cut carbon emissions.
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The full demolition of Wolverhampton’s old railway station building has been completed.
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Care home operator Allegra Care and Moorfield Group, a specialist real estate fund manager, have formed a partnership with the aim of creating a £125m portfolio of modern nursing and dementia care homes.
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Listed housebuilding giant Redrow Homes has shed light on the "profound impact" the Covid-19 pandemic has had on its performance. However, executive chairman John Tutte remained upbeat with the company sitting on a record order book.
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Cereal giant Weetabix surged back into the black during its latest financial year as its revenue further increased past the £300m mark.
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A snack maker which was founded in 1886 has said the Covid-19 pandemic has helped sales jump 10 per cent during 2020.
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Jaguar has unveiled a new version of its F-PACE model – a plug-in hybrid variant which also includes an overhauled interior.
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Member Exclusive News | Wolverhampton Wanderers have announced an aerospace parts provider as the club’s official shirt sleeve sponsors.
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A leisure company has pledged its continued support of Shrewsbury Town Football Club by extending its stand sponsorship at the Montgomery Waters Meadow stadium for another season.
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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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