Purplebricks returns to half-year profit

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West Midlands Tuesday 15 December 2020 Send a Story Subscribe Membership Advertise Contact Latest News Top Story Purplebricks returns to half-year profit Solihull-headquartered online estate agency Purplebricks returned to making a half-year pre-tax profit despite the impact of Covid-19 on the housing market, new figures have confirmed. Read More… Insider Feature Business Matters: The power of peer-to-peer support and how Peer Networks can help SMEs thrive When it comes to talking through the challenges you face in business, working with like-minded business leaders can be an effective way to share knowledge and find solutions. Read More… Deals JLR’s investment firm backs tech company Jaguar Land Rover’s venture capital and mobility services arm has invested in a blockchain technology firm. Read More… Agreement reached to acquire Vehicle Replacement Group Birmingham-headquartered Vehicle Replacement Group is set to be acquired by a professional services and technology business. Read More… PE firm to invest in education tech provider A private equity firm is to invest in a Coventry-based provider of education technology. Read More… Listed law firm completes latest deal A deal for listed law firm Knights to acquire an independent counterpart has completed. Read More… Asbestos analyser passes crowdfunding milestone A Stourbridge company which is developing what is expected to be the world's first handheld asbestos analyser has now raised more than 150 per cent of its Crowdcube target. Read More… Medical device manufacturer raises £22m with float Medical device manufacturer Abingdon Health, which has operations in Birmingham, has raised £22m with its flotation on AIM. Read More… Insider Feature Business Matters: Not just an isolated success – how to lead a business from surviving to thriving in a pandemic Dr Koushik Das Sarma, programme facilitator for the Small Business Leadership Programme at the University of Derby, explores how SME leaders are coping with the effects of the virus on business and the vital support needed to help them get ahead of Covid-19 and ahead of the curve. Read More… Business Pre-tax profits surge at specialist builders’ merchant Pre-tax profits surged by more than £50m at a specialist builders' merchant, which has been earmarked to be demerged from its listed parent company, during its latest financial year. Read More… Codemasters shares jump 20 per cent after EA bid Shares in Warwickshire-headquartered video game maker Codemasters surged by more than 20 per cent after a takeover bid was submitted by Electronics Arts (EA). Read More… Former MD returns to training provider A previous managing director of a training provider, which operates three academies across the Black Country and Shropshire, has returned to the business. Read More… Firm secures £10m shopping centre deal A facilities management company has signed a five-year deal with a Solihull shopping centre valued at more than £10m. Read More… IoD creates new West Midlands branches The Institute of Directors (IoD) has created three new branches following a major restructure of its West Midlands network. Read More… Profits up at Mobile Mini Pre-tax profits have surged at storage provider and site accommodation hire specialist Mobile Mini, newly filed financial results have revealed. Read More… Tourism recovery eyed for 2021 start Tourism to Britain is forecast to jump by more than 70 per cent in 2021, according to new figures. However, the total is expected to still be less than half of 2019's level. Read More… Property Retail giant to open flagship city centre store A new flagship Birmingham store has been announced by Frasers Group which will house four of its brands. The shop is to create a "substantial" number of jobs. Read More… Green light for door maker’s new base A door manufacturer has secured permission to construct a major new base in Stoke-on-Trent. Read More… Letting agreed for almost 40 acres A supplier of aggregates, waste management and haulage services has signed a long-term deal for almost 40 acres in Warwickshire. Read More… Former council offices and multi-storey car park tipped for demolition Former council offices and a multi-storey car park in Birmingham city centre have been earmarked for demolition. Read More… Vacant furniture store site set for transformation The site of a vacant furniture store on Stoke-on-Trent is to be transformed into new homes and apartments after the plans were approved. Read More… Green light for affordable houses The green light has been given to build new affordable homes in Worcestershire. Read More… Plans for Farmfoods supermarket turned down Proposals for a new Farmfoods supermarket earmarked for a site in Birmingham have been refused. Read More… Industrial units earmarked for recently acquired site A number of small industrial units have been earmarked for a recently acquired site in Birmingham. Read More… Manufacturing Turnover increases at PE-backed manufacturer Turnover increased at a private equity-backed Walsall manufacturer during its latest financial year. However, its pre-tax profits dipped and it added that the Covid-19 pandemic may delay its acquisition strategy. Read More… Revenue driven up at Jaguar Racing Revenue was driven up during the most recent financial year of Jaguar's Formula E Championship racing team, new documents have revealed. Read More… New global sales director for high-end furniture maker A new global sales director has been hired by a high-end furniture manufacturer headquartered in Dudley, which has worked with the likes of Microsoft, PwC and eBay. Read More… Other News NEW Midlands Top 500 Companies Database - contact thousands of the senior decision makers Member Exclusive News Office park added to asset management portfolio An office park in Evesham has become the latest addition to GJS Dillon’s property asset management portfolio. Read More… Modular buildings supplier opens new depot A national supplier of modular buildings and portable accommodation has opened a new depot. Read More… Services & Guides Corporate Finance Directory Find an adviser to help you buy, sell or invest in a business. Read More… Best Places to Meet The region's top places to hold events, conferences and meetings. Read More… Best Places to Stay The region's top hotels and accommodation. 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