Today's West Midlands business news from Insider |
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West Midlands
Insider News
Monday 23 August 2021

LATEST NEWS

 

TOP STORY

A car dealership group which has been trading for more than 100 years has hailed its strong performance after increasing pre-tax profits during its latest financial year.
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INSIDER FEATURE

Saran Lall, associate director within KPMG’s Debt Advisory team in the Midlands, says In line with its impact on the wider world, the Covid-19 pandemic has changed the shape of the debt markets, creating both a more uncertain funding environment and increased caution from lenders to varying degrees.
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DEALS

Businesses in the Midlands attracted more than £300m of venture capital investment in the second quarter of 2021, according to a new figures from KPMG.
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The sale of community pub group Hawthorne by NewRiver REIT for £222.3m has been completed.
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A six-figure deal has been completed for the UK franchise license for national alterations and repairs business The Zip Yard.
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The proposed acquisition of semiconductor giant ARM by NVIDIA Corporation raises "serious competition concerns", according to the CMA.
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PROPERTY

Plans for an almost £100m-turnover packaging company to construct a new headquarters in Warwickshire have received the go-ahead.
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Plans have been lodged for the transformation of a Coventry hotel to provide a care home aiming to support adults with mental illness.
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Property agent Savills completed more than £89m worth of land sales across the Midlands in the first half of 2021.
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Public sector procurement authority SCAPE has revealed the seven contractors that will provide up to £14bn of capital expenditure via its net zero ready construction frameworks.
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BUSINESS

A pair of locations in the Midlands are in the running to become the UK's City of Culture 2025.
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Rising costs and skills shortages are putting small businesses' economic recovery at risk, according to a new report.
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EasyJet has revealed the appointment of the former chief executive of Royal Bank of Scotland Group as a new director and chair designate.
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MANUFACTURING

A consortium of seven UK-based organisations has been established to develop solid-state battery technology.
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OTHER NEWS

 

MEMBER NEWS

 

An office building located on an established business park in the Black Country has been placed on the market.
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A fresh round of the Additional Restrictions Grant scheme has launched for Coventry businesses.
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UPCOMING EVENTS

 

SERVICES & GUIDES

 

Find an adviser to help you buy, sell or invest in a business.
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The region's top places to hold events, conferences and meetings.
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The region's top hotels and accommodation.
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