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West Midlands
Tuesday 13 April 2021

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Top Story

Tough market conditions hit results at plastics firm

Results at a West Midlands plastics firm which supplies to the likes of Jaguar Land Rover, Toyota, Bentley and Aston Martin have been hit by "difficult" market conditions, according to new documents.
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Insider Feature
Feature 1

Business Matters: Modernising the approach to patching in response to today’s business landscape

Colin Dennis from OGL Computer Support says the first line of defence against hackers for any business should be an up-to-date, properly patched and sanitised IT system.
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Deals

Management buy-in completed at electrical contractor

A management buy-in has been completed at a Stourbridge-based electrical contracting business following the securing of £900,000 of support from debt funding provider Frontier Development Capital.
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BCRS hits £10m funding milestone

BCRS Business Loans has provided £10m through the Small Business Loan Fund, part of the Midlands Engine Investment Fund.
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Recruitment company targets expansion with Santander UK backing

A recruitment company is aiming to open 15 new offices across the UK after securing a £7.25m funding package from Santander UK.
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Business

Revenue up at Northbridge Industrial Services

Revenue has risen at Burton-upon-Trent-based Northbridge Industrial Services during its latest financial year, according to new results.
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More than £1bn of support given to Coventry and Warwickshire businesses

More than £1bn of government loans and grants have been distributed to businesses in Coventry and Warwickshire during the pandemic, a new report has revealed.
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Raft of promotions at Wright Hassall

Leamington-based law firm Wright Hassall has promoted 17 members of its team as part of ongoing growth plans.
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New chief executive for KPMG UK

A new chief executive has been elected to lead KPMG UK, with the new boss believing the firm has "a great opportunity" as it exits the pandemic.
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Property

Bradda Capital acquires Birmingham office building for £9.6m

Real estate investment adviser Bradda Capital has exchanged contracts to acquire a prime office building at Trinity Park in Birmingham for £9.6m.
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£22m facility awarded for next phase of residential project

Real estate funding specialist ASK Partners and OakNorth Bank have provided a combined development and investment facility of £22m for the next phase of an office to residential conversion in Solihull.
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Funding secured for first unit of £200m scheme

Stoford has agreed a deal with Royal London Asset Management to fund the construction of the first unit to be built at a £200m logistics and manufacturing scheme near Redditch.
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Joint venture breaks ground on £125m development

Groundworks at the site of St Paul’s Quarter in Birmingham, a joint venture development by Galliard Homes and Apsley House Capital, are officially underway. The £125m scheme is expected to provide hundreds of homes and new commercial space.
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Approval for job-creating care home

Plans for a new job-creating care home facility in Stoke-on-Trent aiming to provide more than 70 beds have been approved.
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Hortons’ Estate to build freehold unit for storage firm

Hortons’ Estate Ltd has completed an agreement to build a new freehold unit in Birmingham for a family-run removals and storage company.
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Manufacturing

Gallagher appointed by Westley Group

Gallagher has been appointed by Cradley Heath-based metal casting firm Westley Group to support the business with its insurance and risk management requirements as the firm targets further growth across Europe.
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Other News

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Member Exclusive News

Director hire at SevenHomes

SevenHomes, a Birmingham-based regional housebuilder by SevenCapital Group, has hired a divisional operations director.
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IoD launches search for new West Midlands chair

The Institute of Directors (IoD) is recruiting a new regional chair to lead its West Midlands region.
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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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