Today's West Midlands business news from Insider |
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West Midlands
Wednesday 2 September 2020

Latest News

Top Story

RAC eyes continued growth as profits surge

Breakdown giant RAC, which is headquartered in Walsall, "remains on track" to achieve its ninth consecutive year of growth after profits surged during the first half of its financial year.
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Insider Feature
Feature 1

Business Matters: Help us put the Midlands at the forefront of the energy from waste industry

As the world's population rises, the demand for energy is also growing significantly. At the same time, the issue of managing the waste caused by the population increase urgently needs to be addressed. Professor Martin Freer, director of the Energy Research Accelerator explores the issues and the possible solutions
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Deals

School uniform firm bought by apparel personalisation business

A Wolverhampton-headquartered apparel personalisation business, which works with the likes of Nike, Adidas and Tesco, has acquired a national school uniform business.
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Former major shareholders further reduce Aston Martin stake

Shareholders in Aston Martin which once held a stake worth more than 30 per cent in the luxury car market have further reduced their investment.
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Trio of August deals for Deloitte

Deloitte’s Midlands corporate finance team has completed a trio of transactions in the space of two weeks during August.
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Sizeable holding taken in listed homewares maker

An investment firm has taken a sizeable stake in Stoke-on-Trent-headquartered listed homewares maker Portmeirion, it has been confirmed.
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Deal creates 150-strong distribution firm

Antifriction Components, which supplies critical moving parts for industry, has acquired the industrial arm of the BRT Group in a deal which will create a 150-strong distribution firm.
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Business

Business leaders called on to radically change their mindsets

Business leaders need to be prepared to radically change their mindsets and "pivot" their strategies to take advantages of growth opportunities as the nation comes out of lockdown, an Insider panel of experts has advised.
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Pandemic hit to West Mids economic growth worsens - KPMG

Economic growth in the West Midlands could contract by more than 10 per cent in 2020 because of the continuing impact of Covid-19 according to KPMG UK’s latest quarterly Economic Outlook.
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Revenue and profits rise at Mattioli Woods

Revenue and pre-tax profits both rose during wealth management firm Mattioli Woods' latest financial year. The business has an office in Birmingham.
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New tax director for Smith Cooper

Smith Cooper has appointed a new tax director to its Birmingham-based office.
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The Gym Group “well placed” despite slipping to a loss

The chief executive of The Gym Group has said that the business is "well placed" for the future despite slipping to pre-tax loss as a result of Covid-19, according to new interim results.
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Property

Major employment base earmarked for AMH

Plans to create a major employment base at the Advanced Manufacturing Hub (AMH) in Birmingham have been submitted.
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Profits almost halve as Covid hits housebuilding giant

Pre-tax profits almost halved during Barratt Developments' latest financial year because of the Covid-19 pandemic, new figures have revealed. The listed company's revenue also fell by nearly 30 per cent.
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Framework outlined to reduce nuclear plant construction costs

The nuclear industry has set out a framework to cut the cost of constructing new power stations in the UK, according to a new report from the Cost Reduction Working Group of the Nuclear Sector Deal.
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Manufacturing

Hygiene products maker’s results pass milestones

Turnover and pre-tax profits passed milestones at a Coventry-based hygiene products maker which recently completed a management buyout, new documents have revealed.
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Member Exclusive News

Employment space hits the market

Industrial and office space in a detached warehouse in Oldbury has hit the market.
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RAC starts work on three-year contract

Walsall-based RAC has started work on a new three-year contract to provide specialist inspection services within the auction business of vehicle remarketing and automotive services group BCA,
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Upcoming Events

2 Sep

Insider Online Forum: Future of Housebuilding in the East Midlands

1 Oct

Insider Made in the Midlands Awards 2020

8 Oct

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4 Nov

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5 Nov

East Midlands Property Dinner 2020

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

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

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