Today's West Midlands business news from Insider |
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West Midlands
Monday 1 June 2020

Latest News

Top Story

“Resilient” interim results for wealth management firm

Bromsgrove-headquartered wealth management firm AFH Financial Group has reported a "resilient" set of interim results, including a rise in its revenue and pre-tax profits.
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Insider Feature
Feature 1

Business Matters: Where next for dealmaking

Andy Gregory, head of investments at BGF, takes a look at what the future holds for dealmaking.
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Deals

Energy intermediary provided with £50,000 facility

A £50,000 facility has been provided to a Wolverhampton energy intermediary.
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New investor secured by merging counterparts

Wealth management firm Tilney and financial and professional services group Smith & Williamson have agreed a revised transaction structure for their proposed merger, and secured a new investor.
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Holding in listed software firm sold

A 10.7 per cent stake in a Coventry cloud-based software company has been sold.
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Digital bank raises £40m in funding round

Digital bank Starling has raised £40m in a funding round and said the additional finance would drive forward its growth and help it provide support to small business customers who have been hit by the coronavirus.
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Food safety firm sold after CMA intervention

A supplier of hygiene and cleaning products for the foodservice and hospitality industries has been sold after CMA intervention.
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DSW Angels outlines £10m investment plans

DSW Angels is lining up £10m of new investment over the next 12 months as it looks to support the UK's post-pandemic recovery.
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Business

Former Midven chairman to focus on other business interests

The former chairman of Birmingham-headquartered venture capital firm Midven has said he stepped down to focus on his other business interests.
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Results rise for historic contractor

Turnover and pre-tax profits have jumped at a contractor which was founded in 1898, according to newly filed documents.
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Telent wins airport anti-drone contract

Warwick-headquartered Telent has agreed a three-year contract to install anti-drone technology at Bristol Airport.
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Alton Towers postones new ride launch

Alton Towers has postponed the launch of a new ride until 2021 because of the Covid-19 pandemic.
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Next steps confirmed for furlough initiative

Plans for the next phase of the ongoing furlough initiative have been confirmed, as have proposals to extend the Self-Employment Income Support Scheme.
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Senior hire for Longhurst Group

Longhurst Group has appointed a new executive director of growth and development.
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Property

Student bed spaces earmarked for Leamington Spa

More than 50 student bed spaces could be created in a development tipped for Leamington Spa, according to new plans.
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Detailed plans for major homes scheme backed

Detailed plans for the regeneration of a former industrial estate in Dudley into more than 470 homes have been backed.
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Go-ahead tipped for apartment scheme

The go-ahead has been tipped for a 22-apartment development in Birmingham.
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Resorts World Arena expansion delayed by Covid-19

Work to increase the capacity of Resorts World Arena to more than 21,000 has been put back until after the Commonwealth Games in 2022 because of the Covid-19 pandemic.
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Sheltered apartments scheme approved

A bid which includes the construction 71 sheltered apartments in Shropshire has been approved.
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Refusal recommended for mixed-use plan

Refusal has been recommended for an application to create a mixed-use scheme including 43 apartments and three retail units.
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Scheme turned down over affordable housing concerns

Affordable housing concerns has led to a bid to construct new apartments in Coventry to be rejected.
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Manufacturing

Williams terminates title sponsorship deal

F1 team Williams have terminated their title sponsorship with a telecommunications business which was co-founded by a West Midlands entrepreneur with immediate effect.
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UK produces only 15 commercial vehicles in April

Only 15 commercial vehicles were produced in the UK in April, new figures have revealed.
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Other News

Midlands Top 500 Companies DatabaseList - contact the region’s top decision makers

Member Exclusive News

Work restarts on £12m scheme

Solihull-based Living Space Housing has restarted construction work at its flagship Malvern Oaks development in Cradley, Herefordshire.
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New hire for communications consultancy

Communications consultancy Liquid has made a new appointment to its Birmingham office.
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Services & Guides

Corporate Finance Directory

Corporate Finance Directory

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Best Places to Meet

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Best Places to Stay

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