Today's West Midlands business news from Insider |
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West Midlands
Thursday 25 February 2021

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Stroll confident for Aston Martin future despite tough year

The executive chairman of Aston Martin has said he and his co-investors are confident for the future success of the luxury car maker following a "transformative" 2020. Lawrence Stroll was commenting as the business reported full-year results featuring a pre-tax loss of £466m on revenue which fell by 38 per cent to £611.8m.
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Insider Feature
Feature 1

Business Matters: The significance of origin

Over the past six weeks as our understanding of the "Free Trade Agreement" has evolved, it has become increasingly apparent that one of the most significant issues facing businesses is that of origin, according to Terri Bruce, director of indirect tax for SMEs and not for profits at Dains
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Deals

Dealmakers work on acquisition of EV charging point firm

The electric vehicle sector team at law firm Gowling WLG has advised Swedish infrastructure technology group Sdiptech on the acquisition of a Lincolnshire-based specialist EV charging point designer, manufacturer and retailer.
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Banking deal to help LSL seize opportunities

Property services group LSL has secured a new banking facility, which it said provide long-term balance sheet flexibility to take advantage of a number of attractive opportunities, particularly in financial services.
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Multinational agrees deal to acquire SimplyCook

Food and drink giant Nestlé has agreed to acquire SimplyCook, a recipe kit company operating across the UK.
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Insider Feature
Feature 2

Business Matters: What Brexit and Covid-19 can teach us about crisis management

Dr Alessandro Merendino is a researcher within Coventry University’s Centre for Business in Society (CBiS), specialising in how leaders’ actions can directly affect the performance of a business. Here, he looks at how they can survive crises like the Covid-19 pandemic and Brexit by ensuring they are resilient.
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Business

Support grows for East Midlands Freeport Bid

More supporters have joined the call for the creation of a Freeport in the East Midlands which could support up to 60,000 new jobs.
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MV Commercial agrees multimillion-pound crane deal with Hiab

MV Commercial has agreed a multimillion-pound deal with Shropshire-based Hiab UK and Ireland for 100 new specialist cranes.
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Calls for investment in region’s transport network

A new poll by transport body Midlands Connect has revealed major support for investment in the region's transport network ahead of next week's Budget.
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Insider Feature
Feature 3

Business Matters: Ensuring your business stays healthy and robust

"If I can help business owners and their directors to act now so their future is more secure, I’m also helping to protect jobs, suppliers, buyers and our local economy," says Andy McGill, restructuring partner at Smith & Williamson LLP. Advising business owners and directors in the Midlands, Andy has developed a tried and tested approach which highlights actions they ought to consider to help them stay healthy and robust in tough market conditions.
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Property

M6toll to launch multimillion-pound transformation project

M6toll is to launch the first phase of a multimillion-pound transformation project of its existing tolling system infrastructure.
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£12.5m Ashby scheme to offer virtual tours

Virtual tours are to be offered at the Springfields Independent Living facility in Ashby de la Zouch in the coming months, as the £12.5m project nears completion. Birmingham-based Willmott Dixon is carrying out the work.
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Insider Feature
Feature 4

Business Matters: What is the benefit of a Freeport?

Sajeeda Rose, CEO of D2N2 Local Enterprise Partnership looks at how an East Midlands could benefit from Freeport status.
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Manufacturing

Brexit ‘causing disruption’ although reshoring opportunities remain - report

Brexit issues are causing small to medium-sized manufacturers in the West Midlands "significant disruption" as they attempt to recover from the economic effects of Covid-19, a new report has found.
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Sales near £21bn at BAE

Full-year sales have edged towards the £21bn mark at BAE Systems as it looks to the coming months with confidence.
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Other News

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

Member Exclusive News

Agent works on major Lancashire property deal

Coventry-based commercial property specialist Bromwich Hardy has worked on the acquisition of a 53,000 sq ft industrial property in Lancashire.
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Edwin James Group aligns brands

Edwin James Group is supporting its growth plans through the alignment of its brands.
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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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