Today's West Midlands business news from Insider |
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West Midlands
Tuesday 13 October 2020

Latest News

Top Story

Turnover and profits rise at LDC-backed software firm

Turnover and pre-tax profits at a Warwickshire business, which provides 3D computer-aided design software and is backed by LDC, increased during its latest financial year.
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Insider Feature
Feature 1

Business Matters: What to do when furlough ends

The government’s furlough scheme has been keeping many businesses afloat, but with new restrictions and the threat of a second wave looming, will the new Jobs Support Scheme be enough to save jobs? What else can businesses do to keep cash flowing?
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Deals

Stake to be sold in Birmingham City

A Chinese-born Cambodian businessman has agreed to purchase a 25 per cent stake in Birmingham City FC for £5.4m.
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PE firm closes £30m funding pot

A private equity firm has closed an additional £30m funding pot from US investors.
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Film production company eyes growth after grant award

A Shropshire film production company has its sights set on growth after it received a £10,000 grant from a new business support programme.
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Business

Mayor calls for hospitality venues financial support

The mayor of the West Midlands has called on the government to provide financial support to hospitality venues in the region after new Covid-19 restrictions were announced.
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Brexit uncertainty hits luxury car dealership giant

The uncertainty which surrounded the Brexit process impacted the results of a luxury car dealing giant during its latest financial year, according to new documents.
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Browne Jacobson announces partner promotions

Law firm Browne Jacobson has announced six partner promotions at its Birmingham and Nottingham offices.
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New CEO for Co-operatives UK

The Co-operatives UK has appointed a new chief executive.
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Aldi to double Deliveroo trial

Aldi is to double the size of its trial of on-demand grocery deliveries with Deliveroo this week.
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Property

Preferred developer named for major manufacturing site

A preferred developer has been named to construct a manufacturing and design facility in Birmingham. The scheme could create up to 250 jobs.
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Urban centres won’t become “ghost towns” - expert panel

Urban centres across the Midlands will not become "ghost towns" abandoned by residents for rural areas because of the pandemic, a panel of experts has stressed.
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Formal plans in for £48m Pets at Home base

Formal plans have now been submitted for Pets at Home's new £48m storage and distribution facility in Stafford.
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Landmark former brewery site sold

The former Molson Coors South Brewery site in Burton-upon-Trent has been sold.
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Coventry expansion for online flooring retailer

An online flooring retailer has opened a new warehouse and offices in Coventry.
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Plans drawn up for student studios

Plans have been drawn up to create more than 20 student studio apartments in Coventry.
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Deal completed for former school site

The site of a former Worcestershire school with permission for almost 60 new homes has been sold for in excess of £2.7m.
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Manufacturing

Tooling expert secures new aerospace contracts

A Black Country tooling expert has secured a string of new contracts in the aerospace sector.
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New electric vehicle batteries role for Palmer

The former chief executive of Aston Martin Andy Palmer has joined a European developer of electric vehicle batteries.
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Other News

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

Member Exclusive News

Gaucho signs partnership with Blues

Gaucho has been confirmed as Birmingham City Football Club’s official restaurant partner.
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PR firm makes senior hire

A PR firm based in Staffordshire has made a new senior hire.
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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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