Today's West Midlands business news from Insider |
Latest News | Severn Trent is in "robust financial position" after securing a £200m boost. The Coventry-headquartered utilities giant added that its performance has reported "no material change" since its latest update at the end of January. Read More… |
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As the impact of coronavirus takes hold, stress for the region’s workforce is at an all-time high, with concerns over job security and personal finances escalating, and those who can, working in isolation from home in line with the government’s social distancing instructions. With this and April’s UK Stress Awareness Month in mind, David McCormack, CEO of employee engagement innovators HIVE360, offers guidance on managing the mental health of employees who are working remotely. Read More… |
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Walsall manufacturing group Castings has announced a bulk annuity insurance buy-in of its two final salary pension schemes with Aviva Life & Pensions. Read More… |
The Competition and Markets Authority (CMA) has cleared the proposed merger of the company behind Paddy Power and the owner of Sky Bet. Read More… |
Technology company The Sage Group has completed the sale of its Brazilian business. Read More… |
A public consultation has been opened on the undertakings offered by Future to remedy competition concerns in its proposed £140m acquisition of TI Media. Read More… |
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Turnover jumped by more than 30 per cent at the Chinese owner of Premier League side Wolverhampton Wanderers during its latest financial year, new figures have revealed. Read More… |
The public's response to the coronavirus crisis has led to March being the biggest month for grocery sales ever recorded, according to the latest grocery market share figures from Kantar. Read More… |
Turnover surged past the £400m mark at the company behind discount national retailer Poundstretcher during its latest financial year, but its pre-tax losses widened to almost £10m, new accounts have revealed. Read More… |
Some of the UK’s largest banks have announced plans to cancel dividend payments in response to a request from the Bank of England through the Prudential Regulation Authority. The move is designed to free up capital to help tackle the Covid-19 crisis. Read More… |
The executive director of listed telematics and data supplier to global markets Trakm8 has resigned. Read More… |
Business confidence slumped to 3 and 9 per cent in the East and West Midlands respectively following the outbreak of the coronavirus pandemic, according to new figures. Read More… |
The Gym Group, which has almost 180 24/7 facilities across the UK, has launched a new on-demand product for its members through a partnership with a fitness app. Read More… |
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A new date for Insider’s annual celebration of the Midlands residential property sector has been announced. Read More… |
A landmark office building in Birmingham is now fully occupied after a deal was agreed with a financial services software provider. Read More… |
Revised £7m plans by Wetherspoon to transform one of its pubs in Wolverhampton have been approved. Read More… |
The former home of a Birmingham engineering firm has been sold to a London investor. Read More… |
Self-storage giant Big Yellow has completed a seven-year debt facility with Aviva worth £35m. Read More… |
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Turnover and profits have grown at a Black Country-headquartered internal partitioning manufacturer, new accounts have revealed. Read More… |
The Birmingham-headquartered owner of historic engineering giant GKN has taken "very significant action to mitigate the effect" of the coronavirus pandemic. Read More… |
A family-run cardboard box maker in Birmingham, which works with the likes of Tesco, Asda and Morrisons, has rebranded. The move follows its acquisition by a German packaging giant towards the end of 2019. Read More… |
INEOS Group has hit its ten-day target to build a hand sanitiser plant near Middlesbrough and has started producing one million units a month to help in the battle against coronavirus. Read More… |
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Member Exclusive News | A former MP has been appointed by a local enterprise partnership to head up the development of a new West Midlands Health Tech Cluster. Read More… |
A property manager with more than 35 years’ experience has been recruited by Birmingham-headquartered Principle Estate Management to look after a new client’s large portfolio. Read More… |
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Services & Guides | | Find an adviser to help you buy, sell or invest in a business. Read More… |
| The region's top places to hold events, conferences and meetings. Read More… |
| The region's top hotels and accommodation. Read More… |
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