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West Midlands
Friday 18 December 2020

Latest News

Top Story

Giant’s turnover neared £800m before major Breedon deal

The UK arm of a building materials manufacturing giant grew its turnover to almost £800m in the year before it completed a £178m deal with counterpart Breedon, new documents have revealed.
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Insider Feature
Feature 1

Business Matters: The power of peer-to-peer support and how Peer Networks can help SMEs thrive

When it comes to talking through the challenges you face in business, working with like-minded business leaders can be an effective way to share knowledge and find solutions.
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Deals

Pandemic support for creative digital media company

A Wolverhampton creative digital media company has secured new funding to help it through the ongoing pandemic.
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Asbestos analyser maker’s crowdfunding campaign completes

A Stourbridge company which is developing what is expected to be the world's first handheld asbestos analyser raised almost £250,000 during its now-completed crowdfunding campaign.
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Deltic rescue deal to secure more than 1,300 jobs

Nordic bar and club operator REKOM has bought Deltic out of administration in a move that could save more than 1,300 jobs.
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Retail giant will not bid for luxury brand

The group behind Sports Direct and House of Fraser has confirmed it will not seek to table a bid to take over luxury brand Mulberry.
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Shawbrook Bank acquires RateSetter’s development finance business

Shawbrook Bank has acquired RateSetter's peer-to-peer funded development finance business.
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Ferrero gobbles up Eat Natural

Global confectioner The Ferrero Group has acquired cereal bar and granola brand Eat Natural.
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Insider Feature
Feature 2

Business Matters: Not just an isolated success – how to lead a business from surviving to thriving in a pandemic

Dr Koushik Das Sarma, programme facilitator for the Small Business Leadership Programme at the University of Derby, explores how SME leaders are coping with the effects of the virus on business and the vital support needed to help them get ahead of Covid-19 and ahead of the curve.
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Business

Brexit uncertainty hits packaging and storage firm

Brexit uncertainty hit turnover at a Staffordshire reusable packaging and storage company backed by BGF during its latest financial year. However, its pre-tax losses were cut.
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Revenue up but PwC UK profits hit by Covid-19

Revenue has grown at professional services giant PwC UK but profits have fallen due to the impact of the Covid-19 pandemic.
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Furlough and Covid-19 loan schemes extended

The UK-wide furlough and Covid-19 business loan schemes have been extended. The extensions come ahead of the Budget, which the Chancellor has confirmed will take place on 3 March 2021.
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Property

Hotel and yurts set for polo ground

Plans to build a hotel and yurts at a polo ground in Warwickshire have been approved.
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AEW to sell Solihull site for £10.5m

Property investor AEW has exchanged contracts for the sale of a Solihull office building in a £10.5m deal.
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Work starts on social care and health centre

Willmott Dixon has started the construction of a new social care and health centre in Sandwell.
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Relocation for clinical research company

A clinical research company is to relocate its Warwickshire base from Kenilworth to Coventry.
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Manufacturing

Turnover rise eyed by high-performance scientific instruments maker

Turnover is expected to be higher at a Coventry-headquartered maker of high-performance scientific instruments for 2020 than in the year before, despite the Covid-19 pandemic, according to newly filed documents.
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Record trading month for manufacturer

A Staffordshire-based heating and plumbing product manufacturer has revealed that October was its best ever month of trading.
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Shares surge as interim CFO named

Shares in a Coventry-based smoke alarm and carbon monoxide detector manufacturer surged by almost 30 per cent after it announced it had hired a new interim chief financial officer.
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BAE Systems to hire 1,250 trainees

BAE Systems has outlined plans to hire more than 1,250 trainees into its early careers programmes in 2021.
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Other News

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

Member Exclusive News

Biotech company adds new board member

A Coventry biotechnology company has appointed a new board member.
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Renewable energy company partners with Worcestershire

A renewable energy company has signed a deal with Worcestershire County Cricket Club.
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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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