Today's West Midlands business news from Insider |
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West Midlands
Wednesday 20 May 2020

Latest News

Top Story

Property entrepreneur takes full control of developer

A property entrepreneur has acquired full control of a Birmingham-based development and investment business.
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Insider Feature
Feature 1

Business Matters: Relighting the economy with heat

In this blog, Professor Martin Freer, director of the Energy Research Accelerator and the Birmingham Energy Institute, suggests that one of the ways we can both restart the economy and fight climate change is by focusing on decarbonisation of heat.
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Deals

Impact of MEIF on Midlands businesses revealed

Almost £65m has been invested into nearly 260 businesses by the Midlands Engine Investment Fund (MEIF), new data has revealed.
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Bank funding allows company to stay open

Funding from Lloyds Bank has enabled a Worcestershire-based specialist steel fabrication business to remain open and still hope to realise its expansion plans post-Covid-19.
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Covid-19 lending schemes reach £22bn milestone

The banking and finance industry has approved more than £22bn in loans to more than half a million businesses through the three major government-backed lending schemes.
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£40m investment boost for cutting-edge start-ups

Innovative businesses and start-ups are set to benefit from a £40m government investment to drive forward new technological advances.
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Insider Feature
Feature 2

Ask the expert: Can a temperature screening system help with staff and customer confidence?

Gary Harmer, sales director at Hikvision UK & Ireland, says innovative technological approaches like temperature screening will be crucial in enhancing confidence in workplace and public safety – but potential users need to be aware of issues around their implementation, and realistic in their expectations about performance.
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Business

New CEOs for Warwickshire and Wasps

New chief executives have been appointed by Warwickshire County Cricket Club and Wasps Rugby.
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Turnover and profits jump at Severn Trent

Severn Trent's turnover jumped to more than £1.83bn during its latest financial year, with the Coventry-headquartered water company's pre-tax profits also rising.
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Jobs lost as luggage brand appoints administrators

More than 160 jobs have been lost at a well-known luggage brand, which has called in administrators after it was hit by the impact of the Covid-19 outbreak on its retail stores and international travel.
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Role of HS2’s independent construction commissioner extended

The role of the independent construction commissioner has been extended by the government to cover HS2's Phase 2a which will run between the West Midlands and Crewe.
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Acquired software firm rebrands

A Birmingham software company which was acquired by a listed counterpart in Nottinghamshire last year has rebranded.
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easyJet customer details accessed in cyber attack

Budget airline easyJet has been the target of a "highly sophisticated" cyber attack, with the email addresses and travel details of about nine million customers accessed along with more than 2,000 credit card details.
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Revenue surges past $5bn at Experian

Revenue at global information services giant Experian surged to more than $5bn during its latest financial year.
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Property

Entries open for West Midlands Property Awards

Entries are being sought for the West Midlands Property Awards which are set to take place towards the end of the year.
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Solar plans for old WWII RAF base

Part of a former World War II RAF base in Worcestershire could be transformed into a solar energy farm if the plans are approved next week.
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CEO of city estate to step down

The chief executive of one of the UK's oldest family-owned city estates is to step down in July, it has been announced.
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Mixed-use plan for old restaurant site

A former Henry's Restaurant in Birmingham could be knocked down to make way for a mixed-use scheme.
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Construction firm wins multimillion-pound contract

A Coventry-based construction firm has landed a £2.1m contract to create a test facility which is set to transform car parking and help shape the future of motoring.
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Sheltered apartments scheme tipped for go-ahead

A bid which includes the construction 71 sheltered apartments in Shropshire has been recommended for approval.
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Manufacturing

Rolls-Royce confirms plans to cut at least 9,000 jobs

Rolls-Royce has confirmed plans to cut at least 9,000 jobs from its global workforce in a bid to save more than £1.3bn because of the impact of the Covid-19 pandemic.
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Work starts on 300km autonomous vehicle trial route

Work has begun on the 300km autonomous vehicle trial route which will span from Coventry to Birmingham.
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Greencore implements ‘cohesive set of actions’

Convenience foods giant Greencore has implemented a "comprehensive set of actions" to ensure it is strongly positioned on the back of the pandemic.
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Other News

M&S profits hit by Covid-19 impact

Drinks logistics business to close depot

Midlands Top 500 Companies List - contact 1000s of the region’s top decision makers by phone or email

Member Exclusive News

Planning decisions above government targets

Planning officers at Birmingham City Council are exceeding government targets with more than 1,000 determinations made since lockdown began.
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Coventry extend shirt sponsorship deal

Countrywide Tax and Trust Corporation has agreed a new deal with Coventry Rugby to remain the Championship club’s main shirt partner for the next two seasons.
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Services & Guides

Corporate Finance Directory

Corporate Finance Directory

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Best Places to Meet

Best Places to Meet

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Best Places to Stay

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