Today's West Midlands business news from Insider |
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West Midlands
Friday 11 September 2020

Latest News

Top Story

Tech consultancy wins £7.6m MoD contract

A Warwickshire technology consultancy has secured a £7.6m contract with the Ministry of Defence (MoD). The deal will run for a period of three years.
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Insider Feature
Feature 1

Business Matters: Innovation for the crisis and beyond

Nicholas Ferrar, director and patent attorney at Adamson Jones IP Ltd, says a longer-term commitment to innovation will help businesses thrive, not just survive.
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Deals

Breedon’s plans to appease CMA welcomed

Construction materials giant Breedon's plans to ease competition concerns over its completed £178m move for Warwickshire-headquartered CEMEX's UK assets have been welcomed by the CMA.
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Ebury and MarketFinance partner up on CBILS lending

Fintechs Ebury and MarketFinance have joined forces to offer loans to SMEs across the UK ahead of the CBILS deadline at the end of September.
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Funding boost revealed for pet retailer

The funding which helped a Wolverhampton pet, reptile and aquatics retailer through the height of the Covid-19 pandemic and secure future product lines has been revealed.
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The Hut Group confirms offer price for landmark float

Online retail giant The Hut Group has confirmed the offer price for its proposed IPO.
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£150m capital injection at PureGym

PureGym has outlined details of a £150m capital injection as it looks to respond strongly to the coronavirus pandemic.
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Insider Feature
Feature 2

Business Matters: Time to Tax?

Praveen Gupta, national head of tax at Azets, talks about the possible reforms in tax and who will bear the burden of the circa £300bn missing from the treasure chest, which is the estimate of the overall public finance cost of Covid according to the Office for Budget Responsibility.
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Business

PwC confirms new partner hire

PwC has appointed a new partner in its restructuring practice in the Midlands.
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New UK managing director for listed firm

A new UK managing director has been hired by a Rugby-based company which provides cooking oil filtration and fryer management services to restaurants.
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Half of England’s football clubs highlight financial health concerns - report

Almost half of top professional football clubs in England have highlighted concerns about their financial health despite starting the 2019/20 season with the prospect of record revenues of more than £6bn, according to a new report from accountancy and business advisory firm BDO.
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Insider Feature
Feature 3

Business Matters: How can creatives proactively plan now for success in a post-Covid world?

Mehjabeen Patrick, from Creative England & Creative Industries Federation, offers her advice on how creatives can proactively plan now for success in a post-Covid world.
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Property

Job-creating battery centre gets government funding boost

Part of a £44m funding award will be used to complete the UK Battery Industrialisation Centre in Coventry which will create 100 jobs.
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Multimillion-pound flats scheme completed

A £6.8m apartments scheme for the elderly has been completed in Coventry city centre.
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Plans in for 60 new homes

Proposals to construct 60 homes in Coventry have been unveiled.
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Successor to longstanding British Land CEO unveiled

The next chief executive of British Land has been announced after the property giant revealed its current boss intends to step down later this year following more than 11 years in the role.
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LondonMetric disposes of warehouse portfolio

LondonMetric Property has disposed of a portfolio of six distribution warehouses in a £57.3m deal.
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Manufacturing

New CEO joins Jaguar Land Rover

The new chief executive of Jaguar Land Rover has officially joined the automotive giant.
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Cider maker reveales job-creating £6m investment

Aston Manor Cider has unveiled a £6m investment which has increased employment and extended the capacity and capability of the Birmingham-based business.
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Royal carpet maker hails demand recovery

Worcestershire-based royal carpet maker Victoria has reported a recovery in demand in all its principal markets following the height of the Covid-19 pandemic.
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£300m fund set to boost UK manufacturing capability

UK businesses with creative ideas to boost the UK’s manufacturing capabilities, including using robotics, AI and augmented reality, are set to receive £300m of joint government and industry funding.
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Significant agreement for advanced engineering firm

A Warwickshire-headquartered advanced engineering technologies company has signed a significant agreement with a Northumberland business.
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Other News

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

Member Exclusive News

Consultations set for 335-home plans

Public consultations are set to be held over plans to build up to 335 new homes in Staffordshire.
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New nutrition partner for Blues Women

A new nutrition partner has been announced for Birmingham City's women's team.
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