Today's West Midlands business news from Insider |
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West Midlands
Wednesday 10 February 2021

Latest News

Top Story

Plans in for £20m mixed-use scheme

Plans have been submitted to transform a retail site in Sutton Coldfield into a £20m mixed retail and residential destination.
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Insider Feature
Feature 1

Business Matters: Investment fraud - The vultures preying on the global financial crisis

In this blog, Carl Mifflin, head of restructuring and insolvency at Howes Percival Solictors, examines how investment fraud has thrived in recent years, highlights how economic uncertainty provides a breeding ground for fraudsters and identifies some of the key ways to avoid falling victim to investment fraud.
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Deals

Digital firm closes crowdfunding campaign after smashing target

A Stourbridge company aiming to be a connected digital toolkit for creating more effective charity fundraising challenges has closed its crowdfunding campaign after smashing its target.
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Fruit business sale to private equity firm wins DOTM

A Nasdaq-listed natural products company selling a fruit business in Northamptonshire to a Warwickshire-based private equity firm has been named as the Deal of the Month for January.
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Insider Feature
Feature 2

Roundtable: Redefining Public Partnerships - National Summit

As the culmination of its series of roundtable events, Insider gathered stakeholders from Yorkshire, the North West, the Midlands, the South East and from Northern Ireland to discuss how these collaborations could evolve and paint the national picture from a local perspective.
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Business

Brexit and Covid could be hidden blessing in driving exports – expert

Brexit and Covid could be the opportunities businesses need to start trading worldwide – once they become used to the red tape that now stifles exports to Europe, according to an expert.
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Turnover surges past £600m at electrical wholesaler

Turnover at the owner of an electrical products wholesaler with almost 400 branches across the UK has surged past the £600m mark.
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New programme aims to create more than 200 jobs

A new training and employment programme is set to give more than 200 people in and around Birmingham the opportunity to retrain and secure full-time work.
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“Marked improvement” in trading at Northbridge

Burton-upon-Trent-based Northbridge Industrial Services has said that the company experienced a "marked improvement" in trading during the second half of 2020.
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Strong performance at Dunelm

The chief executive of homewares retailer Dunelm has hailed his company's "strong performance" after reporting a surge in sales and profits in new interim results.
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2020 drop for used car market

The number of used cars being registered in the UK dropped by almost 15 per cent in 2020, according to new figures.
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Property

Aldridge railway station plans move forward after land deal

Plans to give Aldridge its own railway station have moved forward after the West Midlands Combined Authority (WMCA) agreed a £400,000 investment to buy the land needed to build it.
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RDI completes sale of West Orchards Shopping Centre

UK real estate investment trust RDI has exchanged contracts for the sale of West Orchards in Coventry for £4.85m.
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Siddall Jones signed up to sell major business centre

Siddall Jones has been instructed to sell a major multi-let Birmingham business centre.
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Retail unit secured for sale of Coventry 2021 merchandise

A commercial property agent has completed a deal to let a city centre retail unit for the sale of official Coventry 2021 merchandise.
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Shields Environmental signs at Tame Park

Shields Environmental has completed an agreement to take a unit at Folkes Holdings' Tame Park in Tamworth.
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IM Properties appoints new asset manager

Shirley-headquartered IM Properties has strengthened its team through the appointment of a new asset manager.
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Persimmon sets aside £75m for cladding safety issues

Listed housebuilding giant Persimmon has set aside £75m to address cladding safety issues in its legacy development portfolio.
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Manufacturing

UK Battery Industrialisation Centre takes step forward

The £130M UK Battery Industrialisation Centre (UKBIC) has moved a step closer to opening with the confirmation that the facility’s module and pack suite of specialist battery manufacturing equipment is now operational.
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Member Exclusive News

Support scheme launched for food and hospitality workers

University College Birmingham and the NEC Group have launched a new training hub in a bid to provide support for food and hospitality professionals struggling due to the pandemic.
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HomeServe Foundation unveils first strategic partnership

The HomeServe Foundation, the not-for-profit arm of home repairs and improvements company HomeServe, has unveiled Paragon Customer Communications as its first strategic partner.
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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

The region's top places to hold events, conferences and meetings.
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Best Places to Stay

Best Places to Stay

The region's top hotels and accommodation.
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