Today's West Midlands business news from Insider |
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West Midlands
Monday 8 February 2021

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Chrysalis Loyalty acquired by PE-backed firm

Chrysalis Loyalty, a Stourbridge-headquartered provider of digital services to the global automotive industry, has been acquired by a private equity-backed firm.
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Insider Feature
Feature 1

Business Matters: Investment fraud - The vultures preying on the global financial crisis

In this blog, Carl Mifflin, head of restructuring and insolvency at Howes Percival Solictors, examines how investment fraud has thrived in recent years, highlights how economic uncertainty provides a breeding ground for fraudsters and identifies some of the key ways to avoid falling victim to investment fraud.
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Deals

Wolverhampton businesses receive £6m in Covid support grants

More than £6m in small business grants have been paid to in excess of 900 eligible Wolverhampton businesses within a month of the latest round of government funding going live.
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Bidvest Noonan buys 4,000-strong services provider

Security, cleaning and front of house services provider Axis Group, which has a 4,000-strong workforce, has been acquired by Irish company Bidvest Noonan.
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Crowdfunding wine delivery firm eyes national expansion

A business behind a 'within the hour' wine delivery app which is planning expansion to a number of UK cities is overfunding after reaching its original crowdfunding target.
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Boohoo to acquire trio of well-known brands

Boohoo has struck a deal to acquire the Burton, Dorothy Perkins and Wallis brands out of administration in a deal worth £25.2m.
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Insider Feature
Feature 2

Roundtable: Redefining Public Partnerships - National Summit

As the culmination of its series of roundtable events, Insider gathered stakeholders from Yorkshire, the North West, the Midlands, the South East and from Northern Ireland to discuss how these collaborations could evolve and paint the national picture from a local perspective.
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Business

Midlands firm appointed to retail official Birmingham 2022 products

A Midlands firm has been appointed to design, license, and retail a range of official Birmingham 2022 and Commonwealth Sport products.
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Number of administrations at historic low during 2020 - report

The number of Midlands companies going into administration fell to historic lows during 2020, according to new figures from KPMG.
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Apprenticeship funding scheme smashes £20m milestone

A scheme set up by the West Midlands Combined Authority (WMCA) to fund apprenticeship training for SMEs has smashed the £20m milestone.
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Tech start-up secures major contract with HS2

A Malvern-based technology start-up has secured a major deal to supply social distancing technology to one of HS2's main civil contractors.
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Delays to EU exports but situation will quickly improve - trade expert

Exports goods to the EU are being delayed by up to ten days as businesses grapple with the Brexit redtape – but will quickly get to "freeflow" if companies master the new paperwork, says a trade expert.
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January boost for LCV market

The number of new vans being registered in the UK increased in January, according to new figures.
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UK business borrowing set to top £60bn by end of 2021 - EY

Borrowing by UK businesses is set to hit £60bn by the end of 2021, according to research from EY.
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Property

Ingenuity House brought to market

A landmark office building in Birmingham has been brought to market by global real estate advisor Colliers.
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Sale completes on Bovingdon Park

International real estate advisor Savills has completed the sale of Bovingdon Park in Hereford on behalf of a private vendor.
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Speller Metcalfe to complete £12m leisure centre improvements

Building contractor Speller Metcalfe has been given the go-ahead to complete £12m of improvements to Dudley's leisure provision.
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Manufacturing

LEVC appoints new European head

Coventry-headquartered electric taxi and van manufacturer LEVC has appointed a new head of its European division.
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Mondelēz International to invest £15m at Bournville site

Mondelēz International, makers of Cadbury Dairy Milk, BelVita, Maynard’s Bassetts and OREO, has unveiled plans to invest £15m into its Bournville site.
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Other News

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

Member Exclusive News

Manufacturing Technology Centre to launch 5G private network

Coventry-based The Manufacturing Technology Centre (MTC) is launching a 5G private network to help businesses boost productivity.
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Eastern Airways returns to Birmingham

Eastern Airways is to return to Birmingham Airport with the launch of a new service to the British overseas territory of Gibraltar.
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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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