Today's West Midlands business news from Insider |
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West Midlands
Thursday 10 December 2020

Latest News

Top Story

Pre-tax losses slump to almost £400m at Marston’s

Wolverhampton-headquartered pub and brewery giant Marston's made a pre-tax loss of almost £400m during its latest financial year, as its revenue also slumped by nearly £280m, because of the Covid-19 pandemic.
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Insider Feature
Feature 1

Ask the expert: Why is the cloud the ideal solution for 2021?

Duncan Ward, chief executive of Network Telecom, discusses why the cloud is the ideal solution for businesses as they enter 2021.
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Deals

PE-backed IT group makes double acquisition

A private equity-backed IT business has acquired two companies in Oxford and Coventry.
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Significant Aston Martin investors lower stakes

Significant investors in Aston Martin have cut their stakes in the luxury car maker.
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MarketFinance launches new fund for small businesses

Fintech lender MarketFinance has launched a new fund to support UK small businesses.
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Applegreen in “advanced” takeover talks

Applegreen has confirmed it is in "advanced discussions" regarding a possible cash offer for the company.
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Insider Feature
Feature 2

Business Matters: From screens to greens

Graeme Pratt and James Fairweather from Pegasus Group say the environment we live in and constantly interact with changes slowly so we do not always notice the shifts in emphasis.
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Business

Turnover edges closer to £30m at furniture company

Turnover edged closer to the £30m mark at an importer and wholesaler of flat pack furniture in Wolverhampton during its latest financial year.
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New partners for corporate finance firm

A Birmingham-based corporate finance firm has appointed two new partners.
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Retail giant’s profits pass £100m despite revenue slip

Pre-tax profits jumped past the £100m mark at the group behind the likes of Sports Direct, House of Fraser and Jack Wills during the first half of its financial year. However, its revenue dipped below £2bn.
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Shrewsbury business enters administration

A Shrewsbury-based distributor of garden machinery, professional ground-care products and specialist golf equipment has entered administration.
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LEP starts search for new deputy chair

A new deputy chair is being sought by the Greater Birmingham and Solihull Local Enterprise Partnership (GBSLEP). 
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Renewable energy partnership for university

A new partnership managed and financed by ENGIE will see two wind turbines and 15,000 solar panels installed on the Keele University campus support its pledge to be carbon neutral by 2030.
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Asda extends partnership with Uber Eats

Asda has expanded its partnership with Uber Eats to 100 stores across the UK.
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Incentives needed to drive recovery - CBI

The CBI has called for more investment incentives to kickstart the economy in the wake of the Covid-19 crisis.
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Property

More than 400 jobs tipped for business park site

More than 400 jobs could be created if plans to transform a business park in Birmingham are backed.
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Aston Villa planning new academy

Aston Villa have drawn up plans for an inner city football academy.
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Votes set on hotels, yurts and caravan sites plans

Votes are set to be staged next week on plans to construct two hotels, yurts and touring caravan pitches at polo grounds in Warwickshire.
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Senior Midlands director hired by Kier

A new senior Midlands director has been hired by construction and infrastructure services giant Kier.
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Plans in for council’s first solar farm

Formal plans have been submitted by City of Wolverhampton Council for its first solar farm.
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Demolition plans lodged for old car auctions site

Demolition plans have been lodged for a large site that used to house a car auctions business near Birmingham city centre which was sold recently.
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Manufacturing

Jaguar launches special edition to mark E-type’s milestone

Jaguar is marking the 60th anniversary of the E-type sports car in 2021 with the introduction of a new limited edition vehicle.
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Delays and cancellations hit robot maker’s sales

Delays and project cancellations combined to lower sales at the UK arm of an Italian manufacturer that provides robots to car makers for their assembly lines.
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Long-serving MD to retire as success named

The group managing director of a Burton-upon-Trent-based engineering company is to retire after more than three decades with the business. His successor has also been named.
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Manufacturing industry set for £24bn boost

A £24bn boost is set for the manufacturer's coffers after a boom in companies selling direct-to-consumer, new research has suggested.
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Other News

NEW Midlands Top 500 Companies Database - contact thousands of the senior decision makers

Member Exclusive News

Worcestershire CCC sign Nike deal

Worcestershire County Cricket Club have signed a new deal with Nike.
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Wasps agree multi-year partnership

Coventry-based Premiership rugby club Wasps have announced a new multi-year partnership with Utility Team.
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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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