Today's West Midlands business news from Insider |
  View this email online Please add midlands@insidermedia.com to your address book  
 
 
West Midlands
Thursday 7 January 2021

Latest News

Top Story

Green light tipped for £140m flats plans

Plans for a £140m project to build more than 700 apartments on the edge of Coventry city centre have been recommended for approval.
Read More…
Insider Feature
Feature 1

Business Matters: Seven tips for leading digital transformation if you don’t have an IT background

Research has found that despite seeing the need for digital transformation, there is a lack of confidence among executives when it comes to leading digital transformation projects. Karin Simonsen from Vistage explains.
Read More…
Deals

Solar energy provider acquired by E.ON

A Worcestershire-based solar energy provider for property developers and new-build housing has been acquired by E.ON.
Read More…

Spin-out secures more than £1.4m boost

A Worcester-based spin-out from the University of Cambridge raised more than £1.4m during its latest fundraising effort.
Read More…

ThinCats lent almost £300m in 2020

ThinCats, an alternative finance provider to SMEs, lent almost £300m in a record-breaking 2020.
Read More…

No Meat brand acquired from Iceland by LIVEKINDLY Collective

No Meat, Iceland Foods’ vegan meat alternative company, has been acquired by the LIVEKINDLY Collective.
Read More…

Investment competition ‘set to intensify’ after flourish of LSE activity - EY

Competition for investment is "set to intensify", according to a new EY report, after the London Stock Exchange (LSE) closed last year with a flourish of activity which is predicted to continue into 2021.
Read More…
Business

First quarter sales slump at Mitchells & Butlers

Sales at Birmingham-headquartered pubco giant Mitchells & Butlers, whose brands include Miller & Carter, All Bar One and Toby Carvery, slumped by almost 70 per cent because of Covid-19 restrictions, new figures show.
Read More…

Pre-tax profits jump at logistics company

Pre-tax profits jumped at a Birmingham-headquartered logistics company during its most recent financial year, new figures have revealed.
Read More…

Car dealership group eyes 2020 profit

A car dealership group which has been trading for more than 100 years has said it expects to report a profit for 2020 despite the impact of Covid-19.
Read More…

First half profits boost for Mattioli Woods

Wealth management firm Mattioli Woods has reported a further growth in profitability for the first half of its current financial year, despite a fall in revenue.
Read More…

Joules braced for near £20m lockdown revenue hit

Fashion brand Joules has said it could potential lose up to £18m in revenue as a result of the current Covid-19 lockdown if the measures were to continue through to 1 April. The listed company added that its online sales in the lead up to Christmas surged 66 per cent but store revenue dropped by 58 per cent.
Read More…

Clipper Logistics hails “unprecedented levels of activity”

Clipper Logistics has hailed "unprecedented levels of activity" in its operations in the UK and continental Europe over the Black Friday and Christmas periods.
Read More…

New general counsel for Holland & Barrett

Warwickshire-headquartered Holland & Barrett has appointed a new general counsel.
Read More…
Property

Best-ever year for property finance provider

A property finance provider lent more than £37m in 2020, the year in which it underwent a £16.8m management buyout supported by private equity firm Foresight Group.
Read More…

Green light tipped for job-creating Aldi

Proposals to construct an Aldi supermarket in Staffordshire have been recommended for approval.
Read More…

Approval expected for retirement apartments bid

A total of 30 retirement apartments could be constructed in Coventry after the proposals were recommended for approval.
Read More…

Developer hires new managing director

A Birmingham developer has hired a new managing director.
Read More…

Vote set on new Lidl plans

A new Lidl supermarket could be constructed in Staffordshire if the go-ahead is granted next week.
Read More…

ilke Homes signs deal for 43-home development

North Yorkshire-based modular housing company ilke Homes has signed a deal with landlord whg for a development of 43 factory-built homes in Warwickshire.
Read More…
Manufacturing

Profits at Mpac Group set to beat expectations

Mpac Group, a global packaging and automation business headquartered in Coventry, has said its pre-tax profits are set to be above market expectations when it announces its 2020 results.
Read More…

“Trading remained strong” at workwear provider

An Oldbury-based workwear provider, which makes clothing for the likes of Jet2.com and Travis Perkins, has said its trading "remained strong" during its latest financial year despite a fall in its turnover and pre-tax profits.
Read More…

UK car market dropped by almost a third in 2020

The UK new car market fell by almost a third in 2020, according to new figures.
Read More…

Historic Queen’s Award winner braced for Covid-19 impact

The Covid-19 is expected to have had an adverse impact on turnover at a Warwick-based Queen's Award-winning boiler and heating products manufacturer which was founded in 1866.
Read More…

Other News

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

Member Exclusive News

Historic offices and shops building sold

A historic grade II-listed building in Staffordshire, which has been converted into offices and shops, has been acquired.
Read More…

Independent coffee shop signs long-term deal

An independent coffee shop has renewed its lease in one of Birmingham city centre’s retail arcades.
Read More…

Services & Guides

Corporate Finance Directory

Corporate Finance Directory

Find an adviser to help you buy, sell or invest in a business.
Read More…
Best Places to Meet

Best Places to Meet

The region's top places to hold events, conferences and meetings.
Read More…
Best Places to Stay

Best Places to Stay

The region's top hotels and accommodation.
Read More…
Send a Story    Subscribe    Membership    Advertise    Contact
Tw    in    Fb
You are receiving this email because you subscribed on our website.

Unsubscribe | Email Preferences
Newsco Insider Limited
Boulton House, 17-21 Chorlton Street, Manchester M1 3HY
Registered in England and Wales: 02709518
© Newsco Insider Limited | T&C | Privacy Policy