Today's West Midlands business news from Insider |
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West Midlands
Monday 26 October 2020

Latest News

Top Story

Results rise during forensic science equipment supplier’s MBO year

A forensic science equipment supplier in Worcestershire grew its turnover and pre-tax profits during the year in which it completed a private equity-backed management buyout (MBO).
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Insider Feature
Feature 1

Business Matters: Set your businesses on the road to recovery following Covid-19

Dr Nihar Amoncar, Director of MBA programs and senior lecturer in strategic management at the University of Derby, offers small and medium sized enterprises (SMEs) advice and guidance on how to move forwards on the road to recovery.
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Deals

Deal agreed for automotive parts business

An automotive components manufacturing company located in Stourport-on-Severn has been acquired.
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Former major Aston Martin shareholders end investment

Shareholders in Aston Martin which once held a stake worth more than 30 per cent in the luxury car market have sold the remaining investment.
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New loan facilities for IT business

A Worcestershire IT business has agreed new loan facilities with Clydesdale and Yorkshire Bank.
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CMA weighs up crowdfunding merger probe

The Competition and Markets Authority (CMA) is considering looking into the merger of crowdfunding platforms Crowdcube and Seedrs.
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PrimaryBid raises $50m

PrimaryBid, the fintech platform that connects retail investors with listed companies raising capital, has announced a $50m series B investment round.
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Rebrand as DSW Angels looks to expand portfolio

DSW Angels, the venture capital investment arm of the Dow Schofield Watts group, has changed its trading brand to reflect the increasing scale and reach of the business as it looks to "aggressively expand" its portfolio.
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Business

Pandemic has £1.8m hit on job-cutting cricket club

The Covid-19 pandemic has hit revenue at Worcestershire County Cricket Club by £1.8m while jobs have been lost, their chairman has confirmed.
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Administrations remain near historic lows

The number of companies going into administration across the Midlands during the third quarter of 2020 remained near historic lows, according to new figures.
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Gap considering closing all UK stores

US clothing retailer Gap is considering plans to close all its UK stores at the end of the second quarter of 2021.
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Events management firm scores major contract

A Coventry-based event management specialist has clinched a major deal with one of the world’s iconic sport and music venues.
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Property

Approval for Advanced Manufacturing Hub’s latest phase

Plans to create a major employment base at the Advanced Manufacturing Hub in Birmingham have been backed.
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Mucklow Park’s third phase approved

Proposals for the third phase of Mucklow Park in Birmingham have been approved.
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New bid submitted to transform vacant offices

A new bid to transform a vacant office building in Birmingham into accommodation for more than 100 students has been submitted.
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Manufacturing

Turnover and profits fall at aluminium manufacturer

Turnover and pre-tax profits fell at a Shropshire-based aluminium manufacturer during its latest financial year.
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Other News

NEW Midlands Top 500 Companies Database - Preorder today and get the Early Bird Offer

Member Exclusive News

New base for specialist motor trader

A specialist motor trader has reported a record-breaking performance after moving to new premises near Droitwich.
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Auction set for prominent property

A prominent property in central Kidderminster is set to go up for auction this week with a guide price of £1.35m.
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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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