Today's West Midlands business news from Insider |
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West Midlands
Friday 9 October 2020

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Drayton Manor owed more than £20m before sale

The company behind theme park and zoo Drayton Manor, which is marking its 70th anniversary this year, owed more than £20m to creditors before it fell into administration and was acquired earlier this year, new documents have revealed.
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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

CMA clears £780m brewing giants joint venture

A £780m joint venture deal between brewing giants Marston's and Carlsberg UK has been cleared by the Competition and Markets Authority.
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New Covid-19 grant scheme launched

A new £630,000 grant scheme to help small businesses in Telford & Wrekin, Shropshire and Herefordshire which have suffered as a result of the Covid-19 pandemic has been launched.
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JG Pears expands with acquisition

Rendering business G Pears has acquired acquired P Waddington, including its main processing facility in Bradford as well as the collection centres at Rugeley and Knighton which are operated under the FM Caine brand.
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Review called for Virgin Media/O2 merger

The Competition and Markets Authority has called for a review of the planned merger of Virgin Media, Virgin Mobile and O2.
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Business

Results rise for IT services company

Turnover and pre-tax profits both rose at an IT services company which works with the likes of Dell, Microsoft and HP during its latest financial year.
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Turnover passes £100m at major supplier

Turnover at a company which supplies thousands of products to restaurants, bars and catering companies across the UK passed the £100m mark during its latest financial year.
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Businesses need to join “circular economy” - expert

Businesses need to join the "circular economy" as market leaders before being required to do so by the market and legislation, according to an expert from Microsoft on Insider’s E-Waste forum.
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Turnover grows at water company

Turnover passed the £270m mark at the company behind a water company which serves South Staffordshire and Cambridge during its latest financial year, new documents have confirmed.
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Contractor returns to making a pre-tax profit

A contractor returned to making a pre-tax profit during its latest financial year, new documents have confirmed.
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Property

Approval for 28-storey flats tower

Proposals for a 28-storey residential tower in Birmingham have been approved.
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Gun Quarter apartments scheme given go-ahead

More than 260 apartments are to be constructed in a Birmingham scheme which will rise to 23 storeys after the go-ahead was given.
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Major warehouse plans tipped for green light

A major warehouse earmarked for a site in Walsall has been recommended for approval.
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Go-ahead for up to 99 new homes

Approval has granted to build up to 99 new homes in Warwickshire.
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Approval tipped for new railway stations

Planning applications for two railway stations on the Walsall to Wolverhampton line have been recommended for approval.
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Firm wins £3.7m university building contact

A £3.7m contract to design and build a state-of-the-art Healthcare Innovation Centre at Staffordshire University has been awarded.
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Green light tipped for up to 65 homes

The green light has been recommended for up to 65 new homes to be constructed in Worcestershire.
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Aerospace giant starts operations at new base

A major aerospace company has started operations at IM Properties' Fore Business Park, near Solihull.
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Manufacturing

JCB wins share of $660m contract

Staffordshire-headquartered machine manufacturing giant JCB has been awarded a share of a $660m defence logistics contract in North America.
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Firm starts expansion plans to boost manufacturing operations

A German company has announced plans to expand its UK operations and begin manufacturing from its current UK and Ireland headquarters based on Birmingham Business Park in Solihull from January 2021.
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Top appointment for WMG arm

A new chief executive of the WMG centre High Value Manufacturing Catapult has been named.
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Other News

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Member Exclusive News

Senior building society director to step down

A senior director at Coventry Building Society is set to step down.
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Savills hires five surveyors to graduate scheme

Real estate advisory firm Savills has expanded the team at its Birmingham office by welcoming five new surveyors on its graduate scheme.
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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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