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West Midlands
Tuesday 30 June 2020

Latest News

Top Story

HS2 to create hundreds of Birmingham jobs

HS2 Ltd has announced plans to create more than 300 new jobs in Birmingham. The new roles will increase the number supported by the project to in excess of 10,000.
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Insider Feature
Feature 1

Business Matters: Midlands companies embrace 3D printing during Covid-19

Esther Gottschalk and Philip Cupitt from Marks & Clerk LLP say 3D printing, expected to be a $35.6bn industry by 2024, has a significant role to play in the production of goods. This was the case before the current Covid-19 crisis, but is likely to continue in spite of it.
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Deals

Portmeirion raises almost £12m in additional funding

Stoke-on-Trent-headquartered listed homewares maker Portmeirion has confirmed it has raised almost £12m in additional funding.
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SMEs urged to access £6.8m funding boost

Small to medium-sized (SME) manufacturers across the Midlands are being urged to take a slice of a £6.5m funding boost to help them recover from the Covid-19 pandemic and address key barriers to growth.
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PE-backed MBOs hit by pandemic slow down

The Midlands’ private equity-backed buy-out market slowed significantly in the first half of 2020 because of the Covid-19 pandemic, according to new figures.
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Frasers Group increases Hugo Boss stake

Mike Ashley’s Frasers Group has significantly increased its stake in luxury fashion brand Hugo Boss.
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Investment firm reduces stake in video game maker

A London investment firm has reduced its stake in Warwickshire-headquartered video game maker Codemasters.
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Funding boost for expanding recruitment firm

A recruitment firm has secured a six-figure finance facility from HSBC UK to safeguard the business during the coronavirus pandemic, enabling it to continue operating its new foster care division and finalise its expansion plans into Birmingham.
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Insider Feature
Feature 2

Business Matters: Do you have the right communications technology to work flexibly?

Duncan Ward, CEO of Network Telecom, looks at the technology to consider ahead of returning to the office and the benefits it will offer a post-lockdown workforce.
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Business

Villa’s record-breaking deal ends after one year

Aston Villa have confirmed that their record-breaking commercial agreement with W88 will come to an end following the completion of the Premier League season. A new main shirt sponsor has also been announced.
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Business organisations respond to Johnson’s ‘New Deal’ for Britain

Business organisations have responded to Boris Johnson's 'positively Rooseveltian New Deal' for Britain, which encourages the country to 'build, build, build' in a bid to recover from the impact of Covid-19.
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Confidence rises across the Midlands

Business confidence across the Midlands rose during June with the West being the least pessimistic in the UK, according to new figures.
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Restaurant Group creditors back CVA proposals

The Restaurant Group's plans to reduce the size of its estate by implementing a CVA have been backed.
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New CFO in at FRP

FRP Advisory Group has appointed a new chief financial officer.
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Law firm reveals job-boosting expansion plans

An independent law firm in Lichfield has revealed job-boosting expansion plans.
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Property

Tributes paid to property giant’s founder and chairman

Tributes have been paid to the founder and chairman of a prominent property group who has passed away.
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LEP outlines £27m investment plans

An LEP has outlined an investment programme of more than £27m in schemes which will create more than 1,700 jobs and boost growth across its region.
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Very light rail innovation centre plans “under threat”

Plans for a very light rail innovation centre in Dudley are "under threat", the council leader has said as he wrote to government asking for help in meeting a near £14m shortfall in funding for the project.
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City centre offices set for apartments scheme

Offices in Wolverhampton are set to be transformed into more than 40 apartments after permission was granted.
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Job-creating champagne bar set for town centre

A new champagne bar is set to open in Stafford town centre next month.
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Manufacturing

Tandem wins pay row after shareholder dispute

Castle Bromwich-headquartered bike maker Tandem has won a public dispute over non-executive director pay after shareholders backed a rule change at its annual general meeting.
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UK engine manufacturing “skyrockets”

Engine manufactuing in the UK "skyrocketed" in May but was still 75 per cent down on the same month in 2019, new figures show.
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Other News

€125m first close of new GP Bullhound fund

BP to sell petrochemicals business to INEOS for $5bn

Midlands Top 500 Companies Database - contact the region’s top decision makers

Member Exclusive News

Board change announced by Purplebricks

Solihull-headquartered Purplebricks has announced a change to its board.
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BT appoint new Midlands executive

BT has appointed a new director of its Enterprise business in the Midlands.
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