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West Midlands
Monday 23 March 2020

Latest News

Top Story

Funding to support home safety firm’s growth plans

A developer and supplier of home safety products is raising approximately £6.1m to strengthen its balance sheet and to deploy and support its connected homes technology.
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Insider Feature
Feature 1

Ask the expert: How to grow your business

Karen Prior, group finance director at Anpario plc, offers her expertise on growing a business.
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Deals

PE-backed medical app firm passes fundraising target

A private equity-backed Coventry company which allows patients to see a UK-based doctor online has broken its fundraising target.
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Hotel Chocolat raises £22m to support growth plans

Chocolatier and retailer Hotel Chocolat has raised £22m to underpin its long-term growth plans and to provide flexibility if needed in response to challenges presented by the Covid-19 outbreak. The business said its ability to shift its focus towards online and digital wholesale would help mitigate the impact of the pandemic.
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CMA finds competition concerns over window blind deal

The Competitions and Markets Authority (CMA) has found competition concerns over Hunter Douglas' acquisition of counterpart 247 Home Furnishings.
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Business

All John Lewis shops to temporarily close

The John Lewis Partnership is to temporarily closed all of its 50 John Lewis shops as a result of the impact of coronavirus - the first time in the 155-year history of the business that it will not open its shop doors for customers. Johnlewis.com will continue to operate as normal, alongside Waitrose shops and waitrose.com.
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Businesses react to “landmark” government measures

The business community has reacted to the government's package to support businesses during the Covid-19 pandemic, which includes a commitment to paying 80 per cent of wages.
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Midlands shares continue bounce back

Shares in a number of listed companies in the Midlands have enjoyed a significant bounce back, with one surging by more than 60 per cent.
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“Extensive reduction” for National Express timetable

National Express is to introduce an "extensive reduction" to its timetable in response to the impact of coronavirus.
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Wasps and Warriors cut pay by 25 per cent

Premiership rugby clubs Wasps and Worcester Warriors have announced pay cuts of 25 per cent.
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Aldi to recruit 9,000 new workers

Aldi has launched a recruitment drive to hire 9,000 new workers as part of its response to the coronavirus outbreak. A number of products have also been further restricted.
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Bistrot Pierre to close eateries

Restaurant group Bistrot Pierre, which has 25 venues across the UK, is to temporarily close its restaurants.
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McDonalds to temporarily close restaurants

McDonalds is set to temporarily close all its UK and Ireland restaurants.
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Property

Plans in for mixed-use building

A mixed-use building comprising more than 40 apartments and ground-floor retail units could be constructed in Birmingham, according to new plans.
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St Modwen’s CEO departure date moved forward

The departure of Birmingham-headquartered developer St Modwen's chief executive is to be brought forward.
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Construction awards hold up despite virus outbreak

The total value of construction contract awards in February 2020 rose to £6.5bn, despite the global coronavirus crisis, according to a new report.
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Manufacturing

Manufacturer puts US expansion on hold

The planned expansion of Malvern-headquartered Tricorn Group's US base has been put on hold.
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Group hails performance in “challenging” year

Paterson Enterprises, the owner of Morris Lubricants and Morris Leisure, has hailed its performance during its latest financial year despite being "hampered by political uncertainty and resulting weakness of the pound".
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Twisted opens Silverstone base

North Yorkshire-based Land Rover Defender specialist Twisted Automotive is set to open its new facility at Silverstone today.
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Other News

Loungers venues to close temporarily

Costa to go cashless to combat Covid-19

Clarks stores closed amid health concerns

Butlins closes sites

FCA urges delay on financial documents

CMA launches Covid-19 taskforce

Midlands Top 500 Companies List - contact 1000s of Top Decision Makers

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Services & Guides

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