Today's West Midlands business news from Insider |
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West Midlands
Wednesday 27 January 2021

Latest News

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Major employment scheme recommended for green light

A major employment development earmarked for a site in Warwickshire has been recommended for the go-ahead.
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Insider Feature
Feature 1

Business Matters: Raising finance (by debt or equity) to fund growth in a post Covid world

Haydon Simmonds and Jahid Ali, banking and finance and corporate partners at Howes Percival, consider some of the issues facing businesses looking to fund growth in a post-Covid world.
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Deals

Fertility monitoring products maker receives £250k boost

A Warwickshire-based manufacturer of fertility monitoring products has secured a £250,000 boost.
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Company’s telephony platform acquired

A Worcester company's cloud-based hosted telephony platform has been acquired.
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CBILS funding helps secure aluminium recycling firm’s future

The future of an aluminium recycling specialist has been safeguarded after it received a Coronavirus Business Interruption Loan Scheme (CBILS) facility. 
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PE-backed healthcare supplier acquires recliner manufacturer

A private equity-backed supplier of specialist healthcare equipment has acquired a manufacturer of recliner chairs for use in the healthcare sector.
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Shell to buy EV charging point specialist

Shell has agreed a deal to acquire a company that operates network of more than 2,700 electric vehicle (EV) charging points across the UK.
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Agathos launches second fund to invest in UK SMEs

Lower mid-market private equity firm Agathos Management has announced a first close of its second fund which will provide between £3m and £10m of equity to support UK SMEs with strong growth potential and ambitious management teams.
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Insider Feature
Feature 2

Business Matters: Rishi Sunak, Covid-19 and the UK tax system’s best kept secret…

Roy Farmer and David Bradshaw from Dains LLP say the Chancellor, Rishi Sunak, will face the impossible task of balancing the books, whilst trying to keep the taxpayer happy, when contemplating the fiscal plan to be outlined during the Spring budget.
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Business

Revenue holds steady at medical imaging group

Revenue remained static at a Warwick medical imaging group during its latest financial year, despite the impact of Covid-19.
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HomeServe names new chairman

Walsall-headquartered HomeServe has announced a new chairman to succeed the long-serving Barry Gibson.
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FBC Manby Bowdler creates senior role

Law firm FBC Manby Bowdler has created a new role to help drive business growth in 2021.
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Shropshire estate hires finance director

A Shropshire-based estate which covers 12,000 acres between Telford and Wolverhampton has hired a finance director.
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Property

Plans in for more than 300 homes

An application has been submitted to build more than 300 homes in a Shropshire town.
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Wasps name firm to build training base

A Warwickshire-based construction business has been appointed by Premiership rugby club Wasps to create its new training centre.
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Vote set for 225 homes bid

A vote is set to be staged next week to decide whether up to 225 new homes can be constructed on a site in Warwickshire.
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Warehouse deal part of wider £13m move

A warehouse in Redditch has been acquired as part of a larger deal worth more than £13m.
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Green light tipped for up to 200 new houses

Proposals to construct up to 200 homes in Warwickshire have been recommended for approval.
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Developer named to deliver £23m student scheme

A developer has been awarded a new £23m contract to build a student accommodation scheme in Coventry.
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Refusal recommended for homes planned for scrub land

An application to build 25 homes on vacant scrub land in Warwickshire has been recommended for refusal.
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Manufacturing

Forterra set to report better-than-expected results

Llisted building products manufacturer Forterra has said it is set to report a full-year revenue and EBITDA ahead of its expectations.
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Half-year hit for Real Good Food but optimism remains

Half-year revenues have taken a hit at Real Good Food on the back of a difficult period, with losses also widening. However, its businesses are "getting stronger".
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Strong half-year for PZ Cussons

PZ Cussons, which is behind the Carex, Original Source and Imperial Leather brands, has posted a rise in half-year sales and profits as it outlines plans to continue its investment drive.
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Other News

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Three deals agreed for Birmingham buildings

Three deals have been announced for the same number of Birmingham buildings.
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New Thai restaurant set for Paradise Birmingham

A new Thai restaurant is set to open at Paradise Birmingham.
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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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