Today's West Midlands business news from Insider |
  View this email online Please add [email protected] to your address book  
 
 
West Midlands
Friday 7 August 2020

Latest News

Top Story

Revenue passes milestone as profits surge at care provider

Revenue jumped past the £250m mark while profits more than doubled at one of the largest support providers in the UK, new documents for its latest financial year have confirmed.
Read More…
Insider Feature
Feature 1

Business Matters: How to get investment in turbulent times?

Ray Harris, MEIF principal at Foresight Group LLP, offers a helpful guide for management teams of SMEs looking for equity investment post pandemic.
Read More…
Deals

Businesses secure £6bn Covid support

More than 157,000 businesses in the Midlands have received about £6bn in government loans to help them through the height of the Covid-19 pandemic.
Read More…

Meggitt reviewing options after shares sale reports

International aerospace and defence engineering company Meggitt has said it is continuing to look at a "range of trading scenarios and associated actions" to combat any change in the outlook of its industry. The Coventry-headquartered made the comment in response to reports that it is considering selling about £455m of new stock to prepare itself for another wave of the Covid-19 pandemic.
Read More…

Birmingham advisers work on software firm deal

The Birmingham office of law firm Shakespeare Martineau has advised on the sale of an information management software company to a global provider.
Read More…

Additional lenders approved for Covid-19 lending scheme

The British Business Bank has approved three new lenders for accreditation under the Coronavirus Large Business Interruption Loan Scheme.
Read More…

Six-figure boost to aid firm’s expansion plans

A Coventry-based manufacturer which supplies to the likes of Jaguar Land Rover and Aston Martin has received a six-figure boost to aid its growth plans.
Read More…

Uber acquires taxi technology firm

Uber has confirmed that it has entered into an agreement to acquire a UK taxi technology company.
Read More…
Insider Feature
Feature 2

Roundtable: Car-Free Birmingham

A plan to dramatically cut the number of cars in Birmingham city centre will have a major impact on property and infrastructure development.
Read More…
Business

Building society’s profits slashed by £50m

Pre-tax profits were slashed by more than £50m at Coventry Building Society during the first half of its financial year because of the Covid-19 pandemic.
Read More…

Profits slide expected at Secure Bank Trust

Solihull-headquartered Secure Trust Bank is set to miss out on achieving a successive year of double digit profit growth, its chairman has said.
Read More…

LCV market grows for the first time since January

The UK new light commercial vehicle (LCV) market grew in July for the first time since January, according to new figures.
Read More…
Property

Up to 500 new homes approved for Warwickshire town

Up to 500 homes are to be constructed on a Strafford-upon-Avon site earmarked for regeneration after the go-ahead was granted. The land includes the current base of a TV production company behind the likes of the Teletubbies, Rosie and Jim, Brum and In the Night Garden.
Read More…

CEO “delighted” at profitable first half

The chief executive of a listed building contractor has said he is "delighted" the company has achieved a profitable result during the first half of its financial year which was hit by unprecedented events.
Read More…

Profits slashed as pandemic hits interim results at Savills

Pre-tax profits were slashed almost 70 per cent at international real estate adviser Savills during the first half of its financial year, new figures have revealed.
Read More…
Manufacturing

Building products maker “optimistic” for second half trading

A listed building products maker has said it remains "optimistic" about its trading performance during the rest of 2020 after the first half of the year was hit by the Covid-19 pandemic.
Read More…

Aston Martin unveils first whisky collaboration

Luxury car maker Aston Martin has announced its first collaboration with whisky maker Bowmore.
Read More…

Transformation planned for historic chocolate brand

Pre-tax losses remained static at historic chocolate maker Thorntons as its management promised their full commitment to transform the company and "ensure the iconic brand is maintained and grows".
Read More…

Other News

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

Member Exclusive News

New depot for cranes and access hire firm

A cranes and access hire specialist has opened a new depot in the West Midlands.
Read More…

Senior promotion at property consultancy

A senior promotion has been made at a property consultancy with bases in Shropshire and Staffordshire.
Read More…

Upcoming Events

1 Oct

Insider Made in the Midlands Awards 2020

8 Oct

Insider East Midlands Dealmakers Awards 2020

4 Nov

Insider Midlands Dealmakers Awards 2020

5 Nov

East Midlands Property Dinner 2020

12 Nov

Insider West Midlands Property Awards 2020

Services & Guides

Corporate Finance Directory

Corporate Finance Directory

Find an adviser to help you buy, sell or invest in a business.
Read More…
Best Places to Meet

Best Places to Meet

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

Best Places to Stay

The region's top hotels and accommodation.
Read More…
Send a Story    Subscribe    Membership    Advertise    Contact
Tw    in    Fb
You are receiving this email because you subscribed on our website.

Unsubscribe | Email Preferences
Newsco Insider Limited
Boulton House, 17-21 Chorlton Street, Manchester M1 3HY
Registered in England and Wales: 02709518
© Newsco Insider Limited | T&C | Privacy Policy