Today's West Midlands business news from Insider |
Latest News | Plans for a major new hotel near the NEC in Birmingham have been submitted. If approved, more than 30 jobs will be created as well as a multi-storey car park. Read More… |
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As the impact of coronavirus takes hold, stress for the region’s workforce is at an all-time high, with concerns over job security and personal finances escalating, and those who can, working in isolation from home in line with the government’s social distancing instructions. With this and April’s UK Stress Awareness Month in mind, David McCormack, CEO of employee engagement innovators HIVE360, offers guidance on managing the mental health of employees who are working remotely. Read More… |
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A listed Japanese group has agreed to take a majority stake in a European paper and packaging distributor which employs more than 1,000 workers in the UK. Read More… |
The multimillion-pound takeover of a financial services technology company by an Australian business has completed for a discount on the original purchase price. Read More… |
Professional services giant EY has acquired an R&D independent tax consultancy which specialises in supporting companies accessing R&D tax relief through the small to medium size enterprises (SME) scheme. Read More… |
Auto Trader has completed a placing, with the company set to raise about £186m. Read More… |
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Turnover slumped at West Bromwich Albion during their first season in the Championship since 2010, new accounts have confirmed. Read More… |
Business secretary Alok Sharma has said it is 'completely unacceptable' if banks are 'unfairly refusing funds to good companies in financial difficulties' amid criticism of the industry and concern about the ability of firms to survive the current shutdown in place to tackle the coronavirus. The Chancellor is set to come forward with additional measures to help small businesses trying to access support. Read More… |
A senior director at National Express is to step down to become the new chief financial officer at William Hill. Read More… |
The unsecured creditors of a toy and novelty gift retailer - which had been trading since the 1970s before its collapse earlier this year following a "challenging" Christmas - could be set to miss out on more than £4m. Read More… |
The operations director of Calor Gas in Leamington Spa has left his position. Read More… |
A holiday company has vowed to come back stronger than ever – with assistance from Lloyds Bank – after cancelling its upcoming trips. Read More… |
B&M is to temporarily close almost 50 stores amid the ongoing pandemic. Read More… |
UK businesses have reported a sharp and significant fall in domestic and overseas revenue according to the British Chambers of Commerce's (BCC) first Covid-19 Business Impact Tracker. Read More… |
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Proposals for a new development of affordable homes near Stratford-upon-Avon have been approved. Read More… |
A provider of legal advice and tax guidance is to move into a new headquarters in Leamington Spa. Read More… |
Property giant Landsec has established an £80m rent relief support fund for tenants affected by the coronavirus outbreak. Read More… |
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A new chief executive has been named for Solihull-headquartered listed manufacturing company, Hill & Smith Holdings. Read More… |
A new commercial director has been appointed at the Oldbury-based UK arm of one of the largest steel manufacturers in the world. Read More… |
Revenue and pre-tax profits have dipped at a carpet maker which was established in Worcestershire during the reign of King George III and has previously supplied products to Buckingham Palace, newly filed accounts have revealed. Read More… |
Shares in Aston Martin slumped by more than 40 per cent yesterday, a day after it confirmed moves to raise £536m in additional funding. Read More… |
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Member Exclusive News | JCB has donated vital supplies of personal protective equipment to an NHS trust to help the fight against Covid-19. Read More… |
Doctors, nurses and other emergency service workers are being offered rent-free accommodation by a Birmingham-headquartered property developer as a thank you for their efforts in fighting the Covid-19 pandemic. 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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