Today's West Midlands business news from Insider |
Latest News | 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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Karen Prior, group finance director at Anpario plc, offers her expertise on growing a business.
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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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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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The Competitions and Markets Authority (CMA) has found competition concerns over Hunter Douglas' acquisition of counterpart 247 Home Furnishings.
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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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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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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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National Express is to introduce an "extensive reduction" to its timetable in response to the impact of coronavirus.
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Premiership rugby clubs Wasps and Worcester Warriors have announced pay cuts of 25 per cent.
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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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Restaurant group Bistrot Pierre, which has 25 venues across the UK, is to temporarily close its restaurants.
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McDonalds is set to temporarily close all its UK and Ireland restaurants.
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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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The departure of Birmingham-headquartered developer St Modwen's chief executive is to be brought forward.
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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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The planned expansion of Malvern-headquartered Tricorn Group's US base has been put on hold.
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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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North Yorkshire-based Land Rover Defender specialist Twisted Automotive is set to open its new facility at Silverstone today.
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Services & Guides | | | Find an adviser to help you buy, sell or invest in a business.
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| | The region's top places to hold events, conferences and meetings.
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| | The region's top hotels and accommodation.
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