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West Midlands
Thursday 1 October 2020

Latest News

Top Story

Green light tipped for 28-storey tower

Plans for a 28-storey residential tower in Birmingham have been recommended for approval. If the go-ahead is granted next week, more than 150 apartments will be created.
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Insider Feature
Feature 1

Ask the expert: 2021 and beyond - A wave of M&A litigation?

Nick Wells, head of commercial dispute resolution at East Midlands law firm Flint Bishop and specialist in M&A transaction disputes, talks about the likely rise in litigation in 2021 following the Covid-19 pandemic.
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Deals

Mailbox owner to raise more than £60m

The newly formed company which owns the Mailbox in Birmingham has announced plans to raise up to £62.5m.
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Rolls-Royce to raise billions to combat Covid impact

Rolls-Royce has formerly outlined plans to raise in the region of billions of pounds after its finances were hit hard by the Covid-19 pandemic.
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Approvals given for Police Mutual deal

All required approvals have been given for Lichfield-headquartered Police Mutual Assurance Society to become part of Royal London.
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GardaWorld makes firm G4S offer

GardaWorld has made a firm cash offer for G4S in a move that values the business at £2.97bn. G4S has rejected the approach, saying it "significantly undervalues the company and its prospects".
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Adviser named on drug firm’s MBO

A Birmingham-based SME corporate finance advisory firm has worked on a deal which saw a co-founding shareholder exit their business in a management buyout.
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Business

Unis seek £250m to create 7,000 green jobs

An organisation backed by a number of Midlands universities has outlined plans to create almost 7,000 jobs and expand its research into greener energy.
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Halfords makes profits prediction after “continued momentum”

Redditch-headquartered Halfords now expects its pre-tax profits for the first half of its current financial year to be in excess of £55m after "continued momentum" in cycling and motoring products and services.
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Chairman hails performance of listed lighting company

The chairman of a Worcestershire-based lighting company has hailed its performance during its latest financial year which was impacted by Covid-19 in the final quarter.
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TUC general secretary joins bank’s board

Birmingham-headquartered Unity Trust Bank has appointed the TUC general secretary to its board.
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New associate partner for Claritas Tax

Claritas Tax has added a new associate partner to its Birmingham office.
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Jobs created as aircraft conversion project takes off

A total of 60 jobs have been created in Birmingham to support the conversion of the UK's fleet of early warning aircraft.
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Morrisons creating 1,000 jobs to support Amazon partnership

Supermarket giant Morrisons is creating more than 1,000 jobs across the UK as part of its partnership with Amazon.
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Property

Vote set on Gun Quarter apartments scheme

A vote on whether to allow the construction of more than 260 apartments in a Birmingham scheme which would rise to 23 storeys is set to be held next week.
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Second chance for historic family firm’s transformation plan

A plan by a historic family business to transform its Birmingham headquarters to safeguard its long-term future has been recommended for approval for a second time.
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Midlands set for economic boom - developer

The Midlands’ economy is "set to go off like a shaken can of coke and enjoy its best growth spurt in 200 years", according to one of the region’s best-known developers.
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Affordable homes set for old pub site

The site of a derelict pub in Birmingham is set to be transformed into new affordable housing.
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Manufacturing investment to cause warehouse ripple effect - Savills

For every £1bn of UK manufacturing investment, an additional 175,000 sq ft of warehouse space will be required, according to a new report from Savills.
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Funding boost secures firm’s new base

The funding which helped a Sutton Coldfield-based facilities management and engineering company purchase a new commercial property has been revealed.
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Baird Group partners with Ted Baker and secures new Suit Direct sites

Baird Group has secured three new stores for its Suit Direct brand and entered into a new partnership with Ted Baker.
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Manufacturing

Michelin braced for lower results in 2020

The Stoke-on-Trent-based UK arm of tyre manufacturer Michelin's results for 2020 are expected to continue to fall after turnover slumped by more than £70m during its latest financial year.
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Second highest-ever turnover for historic group’s UK arm

The UK arm of a historic Japanese manufacturer has reported its second highest-ever level of turnover for its latest financial year.
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Hydrogen-powered train starts mainline testing

Derby-headquartered rail asset management company Porterbrook and the University of Birmingham have hailed the start of operational trials of Britain’s first hydrogen-powered train.
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Other News

NEW Midlands Top 500 Companies Database - Preorder today and get the Early Bird Offer

Member Exclusive News

Blues name Cadbury owner as new partner

Birmingham City FC have announced a partnership with Mondelēz International, owner of Cadbury.
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Digital media deal for Edgbaston Stadium

A new digital media partnership has been announced by Edgbaston Stadium with Ola, the international ride-hailing app.
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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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