Today's West Midlands business news from Insider |
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West Midlands
Friday 23 April 2021

Latest News

Top Story

Approval tipped for £1bn regeneration scheme

Plans for a £1bn transformation of the area around the iconic Custard Factory in Birmingham's Digbeth area have been recommended for approval.
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Insider Feature
Feature 1

Business Matters: How university partnerships can unlock long-term business success

Helen Lau is associate director for Knowledge Exchange at Coventry University and has more than 15 years of commercial experience, including developing the role that universities play in helping SMEs to develop and grow. In this blog, Helen outlines why collaborative partnerships are important now more than ever for SMEs, whilst also showcasing the impact that Coventry University is already having for some areas of business.
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Deals

Coventry firm invests after securing grant funding

A Coventry engraving business has invested in new machinery after securing grant funding.
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THG to acquire snack bar maker for £43m

A specialist developer and manufacturer of nutritional snack bars is to be acquired from Real Good Food by consumer brands group THG for £43m.
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FirstGroup sells North American divisions

Transport giant FirstGroup has entered into an agreement to sell its North American contract divisions in a deal worth £3.3bn. The business has said the move will allow it to focus on its UK operations.
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Insider Feature
Feature 2

Roundtable: The New Manufacturer: How SMEs are Adopting Digital Technology

The pandemic has accelerated a growing trend within manufacturing to adopt digital technology and start adopting processes such as Industry 4.0, the Internet of Things and Big Data.
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Business

Number of West Midlands firms facing financial distress increases - Begbies

The number of West Midlands businesses facing financial distress has increased despite government support measures designed to avoid mass insolvencies, according to research from insolvency and restructuring business advisory firm Begbies Traynor.
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Gallagher expands Brierly Hill operation

Insurance specialist Gallagher has expanded its Brierly Hill operation with the recruitment of 20 new team members in a bid to strengthen its presence in the West Midlands.
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New chief executive joins Stoke-on-Trent and Staffordshire LEP

A new chief executive has joined the Stoke-on-Trent and Staffordshire LEP to help drive the organisation's objectives for post-Covid recovery.
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New chief people officer at Intercity Technology

Birmingham-based Intercity Technology has promoted a member of its team to chief people officer.
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Listed funeral services firm votes to remove chairman

Sutton Coldfield-based funeral services provider Dignity has voted to remove its chairman.
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UBS unveils restructure of regional business

UBS Global Wealth Management has restructured its regional UK business to support its growth plans.
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Property

Planning approval tipped for almost 340 apartments

Planning approval has been recommended for a project aiming to provide almost 340 new apartments in Birmingham.
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£27m refinancing secured for the Grand Hotel

Leumi UK has completed a deal to provide £27m to refinance the development costs for the Grand Hotel in Birmingham, the city’s only five-star hotel.
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Go-ahead recommended for new student accommodation

Plans for a new student accommodation development in Birmingham have been recommended for the go-ahead.
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HBD acquires Jewellery Quarter site

HBD has expanded its development pipeline in Birmingham with the acquisition of a 2.6-acre site in the city’s Jewellery Quarter.
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Shropshire housing scheme proposed

A new housing development has been proposed on agricultural land in Shropshire aiming to provide a new "community hub".
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Land director appointed at Bellway

Bellway Homes has appointed a new land director at its Coventry office in support of plans to grow the business in the region.
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LSL announces £200m JV to crack mortgage intermediary market

LSL has announced a £200m joint venture with Pollen Street Capital as part of its strategy to develop a pre-eminent position in the mortgage intermediary market.
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Manufacturing

Jaguar Land Rover to suspend production at two factories

Automotive giant Jaguar Land Rover is temporarily shutting down its two main car factories due to a shortage of computer chips.
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Solid State to report results ahead of expectations

Redditch-headquartered electronics maker Solid State expects to report results ahead of its recently upgraded consensus forecasts, according to a new trading update.
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Other News

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Member Exclusive News

Unit sold at Halesfield Industrial Estate

An industrial/workshop unit at Telford’s Halesfield Industrial Estate has been sold to an undisclosed property investment company.
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Tennant UK strengthens industrial sales team

Tennant UK, a manufacturer of cleaning machines for industrial and commercial use, has strengthened its industrial sales team in the West Midlands.
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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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