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West Midlands
Thursday 3 September 2020

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Debts for historic furniture retailer before collapse revealed

The amount owed by a historic furniture retailer owed when it entered administration due to the impact of the Covid-19 pandemic has been revealed. The company has been trading since 1902.
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Insider Feature
Feature 1

Business Matters: Help us put the Midlands at the forefront of the energy from waste industry

As the world's population rises, the demand for energy is also growing significantly. At the same time, the issue of managing the waste caused by the population increase urgently needs to be addressed. Professor Martin Freer, director of the Energy Research Accelerator explores the issues and the possible solutions
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Deals

MBO completed at outsourcing business services company

A Worcestershire outsourcing business services company has completed a multimillion-pound management buyout (MBO).
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Significant shareholder ups The Works stake

A significant shareholder in listed retailer The Works has increased its stake.
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The Hut Group set for £4.5bn float

The Hut Group has confirmed its intention to undertake one of the biggest floats of 2020, in a move valuing the business at about £4.5bn.
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Business

Recruitment firm braces for pandemic hit

A recruitment firm has said the impact of the Covid-19 pandemic on its full-year results in 2021 will make for "sombre reading". However, the business said it has sufficient reserves to be able to withstand a "temporary downturn in trade".
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Accountancy and advisory group unveils rebrand

The group behind a host of accounting, advisory and businesses services firms is set to rebrand.
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Property

Plans for major job-creating scheme revealed

Plans for a 400,000 sq ft multi-unit scheme in Birmingham which could create about 900 jobs have been revealed.
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Developer eyes growth after transition year

A Birmingham developer is eyeing future growth after describing its latest financial year as a period of transition.
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Aldi plans backed for old Evans Halshaw site

Plans to construct a new Aldi supermarket on the site of a former Evans Halshaw centre in Stoke-on-Trent have been approved.
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Job-creating plans being drawn up

Proposals are being drawn up to create up to 300 jobs in Wolverhampton.
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Manufacturing

GKN parent makes £560m first-half loss as pandemic bites

Birmingham-headquartered Melrose Industries, the parent of historic engineering giant GKN, made a pre-tax loss of £560m during the first half of its financial year because of the Covid-19 pandemic.
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New MD for historic boiler maker

A Queen's Award-winning boiler and heating products manufacturer which was founded in 1866 has appointed a new managing director.
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CEO praises company’s response to Covid-19

The chief executive of a global packaging and automation business headquartered in Coventry has said he is pleased with the way the listed company has coped with the Covid-19 pandemic.
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Half-year loss for listed floorcoverings wholesaler

Floorcoverings wholesaler Headlam slipped to a pre-tax loss during the first half of its financial year because of the Covid-19 pandemic.
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Member Exclusive News

Law firm opens new Birmingham office

A London-based international law firm has opened a new office in Birmingham.
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Grant applications ‘inundate’ business support organisation

A business support organisation has been 'inundated' by SMEs in Warwickshire with applications for new government grants to help them recover from Covid-19.
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Find an adviser to help you buy, sell or invest in a business.
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