Today's West Midlands business news from Insider |
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West Midlands
Thursday 17 June 2021

Latest News

Top Story

Results rise at Halfords

Listed car parts and bicycle retail giant Halfords has reported an increase in revenue and profits despite the impact of the Covid-19 pandemic, according to new preliminary results.
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Insider Feature
Feature 1

Business Matters: Drive growth by investing in the right people

Chris Raybould is the managing director of PeoplesFuture Ltd, a subsidiary of Coventry University which helps to prepare students for the world of work. He explains why it's important for new and imminent arrivals to the job market to be as skilled as possible — to boost their own career prospects and to ensure the continued growth of their prospective employers.
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Deals

VR firm eyes expansion after raising £2.9m

An out-of-home virtual reality experience is eyeing expansion across the UK after raising £2.9m from venture capital funds.
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Midcounties transfers funeralcare business to Central England Co-op

An agreement has been reached on the terms of a transaction that will consolidate the majority of Midcounties Co-operative's funeralcare business into the larger Central England Co-operative Funeralcare operation. 
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CMA clears £6.8bn Asda takeover

The £6.8bn takeover of Asda has been given the go-ahead after the Competition and Markets Authority (CMA) confirmed it would not be undertaking an in-depth investigation into the deal. The new owners, TDR Capital and the Issa brothers, said the decision would enable them to "push ahead with exciting plans" for the supermarket giant.
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Victorian Plumbing set for £850m market cap

Bathroom retailer Victorian Plumbing has shed further light on its proposed admission to AIM, with the company set to have a market cap of £850m.
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Isomer Capital announces first close of €100m co-investment fund

Isomer Capital has announced the first close of a new €100m (£86m) co-investment fund, which is backed by British Business Investments.
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Insider Feature
Feature 2

Business Matters: Net Zero Carbon – the basics

Alex MacGruer, associate director at Faithful+Gould, says in today's rapidly changing world it can be difficult to keep up with the evolving vocabulary related to sustainability. One of the latest phrases to garner popular use in the construction world is 'Net Zero'.
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Business

Midlands Connect outlines plans for £800m alternative fuels network

Midlands Connect has outlined plans for an £800m alternative fuels network with an eye to creating an international centre of excellence for the charging of commercial vehicles with hydrogen and natural gas.
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Gateley does not expect financial impact after cyber attack

Listed law firm Gateley has reported that it is currently managing a cyber security incident after discovering an intrusion into its systems from a now known external source.
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Gaming hub project secures council backing

Stoke-on-Trent City Council has voted to support the development of a new gaming hub project which aims to create additional employment opportunities in the city.
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Major expansion planned by cyber security services firm

Cyber security services specialist Bridewell Consulting is opening five new regional offices in the UK and plans to double headcount over the next 12 months.
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Property

Regeneration project’s second phase set for council backing

Proposals for the second phase of a major regeneration project in Stoke-on-Trent are set to be backed by the council.
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Timeline revealed for Tamworth transformation project

The timeline for a multimillion-pound project to transform Tamworth town centre has been revealed.
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Director promotion at Stoford

Commercial property developer Stoford has promoted its first graduate placement to director.
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Goldman Sachs agrees deal for Birmingham space

Goldman Sachs has signed a deal to take space at a location in central Birmingham.
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Manufacturing

Contract wins support growth at automotive supplier

A specialist automotive supplier has secured a string of new contracts to help it bounce back from the Covid-19 pandemic.
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Revenue rises at iconic shoe brand

Revenue surged at iconic shoe brand Dr Martens during its latest financial year, according to new results.
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Other News

2021 Midlands Top 500 Companies Database - contact thousands of the senior decision makers

NEW 2021 Midlands Top 300 SME companies data - contact top decision makers

Member Exclusive News

Fresh appointment at Great Alne Park

Great Alne Park retirement village, which is owned by later living operator Inspired Villages, has made a fresh appointment as it prepares to meet increased demand at its restaurant.
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Accrol signs deal with IPP

Own-brand toilet tissue and paper manufacturer Accrol has signed a distribution deal to place its products into Britain’s major supermarkets and high street stores through Coventry-based IPP.
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