Today's West Midlands business news from Insider |
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West Midlands
Friday 28 May 2021

Latest News

Top Story

Pre-tax losses cut in “challenging year” at iconic taxi maker

Pre-tax losses have been cut at a Warwickshire-headquartered company famous for its London black taxis in what the business described as a "challenging year".
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Insider Feature
Feature 1

Business Matters: M&A market unleashed in the Midlands, despite the current climate

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.
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Deals

First acquisition for newly formed accountancy firm

A newly formed accountancy firm based in Walsall has made its first acquisition.
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Off Grid Energy eyes growth with £1.25m funding

Warwickshire-based Off Grid Energy has secured a £1.25m investment to scale-up its operations.
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CMA opens investigation into CVC’s Six Nations deal

The Competition and Markets Authority (CMA) has launched an investigation into private equity giant CVC's acquisition of a stake in Six Nations Rugby.
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Insider Feature
Feature 2

Business Matters: SME resilience through decoding business strategy

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.
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Business

Pre-tax profit rises at West Bromwich Building Society

Pre-tax profit has risen at West Bromwich Building Society despite the economic impact of the Covid-19 pandemic, according to new preliminary results.
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Midlands business confidence stays strong - report

Business confidence remained at a three-year high in the East Midlands during May and continued to rise in the West.
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Insider Feature
Feature 3

Ask the expert: What do you value most - price or advice?

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.
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Property

Approval for £1bn regeneration scheme

Plans for a £1bn transformation of the area around the iconic Custard Factory in Digbeth have been approved.
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New hotel and student accommodation given green light

The green light has been given to the proposed redevelopment of an office building to create a new hotel and student accommodation.
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Backing received for Birmingham aparthotel

Plans to transform vacant offices above the 02 Academy in Birmingham into an aparthotel have received the thumbs up.
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Go-ahead secured for 14-storey apartment building

The proposed construction of a 14-storey apartment building in Birmingham has secured the go-ahead.
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Cleveland Containers expands with new Midlands office

Teesside-based Cleveland Containers has expanded with the launch of a new Midlands office.
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Willenhall industrial property snapped up

Towler Shaw Roberts has completed the sale of an industrial property in Willenhall.
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Insider Feature
Feature 4

Business Matters: How the fully funded Peer Networks Programme can accelerate your business growth

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.
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Manufacturing

April rebound for UK car production

UK car production experienced a rebound during April but remained short of 2019 levels, according to new figures.
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Other News

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Member Exclusive News

Wasps strike partnership with IndigoFitness

Wasps have revealed a three-year agreement with Nuneaton-based gym design and equipment manufacturer IndigoFitness.
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HDY Agency appointed by Sodexo

Birmingham-based content marketing firm HDY Agency has been appointed by hospitality services and events management brand Sodexo.
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