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West Midlands
Wednesday 8 April 2020

Latest News

Top Story

Turnover nears £150m at Palletline

Turnover edged closer to the £150m mark at Birmingham-headquartered Palletline during its latest financial year, newly filed accounts have revealed.
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Insider Feature
Feature 1

Business Matters: How to support employee mental health when working remotely

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.
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Deals

Fundraising target passed by medical app maker

A Warwickshire company whose app is replacing pagers in NHS hospitals has passed its £500,000 fundraising target.
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YFM raises £80m with new fund

YFM Equity Partners has closed its latest buyout fund raising £80m to invest in UK businesses.
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G4S updates on progress of major disposal

Security giant G4S has now completed and received just more than half of the proceeds anticipated from the sale of its conventional cash businesses to The Brink's Company.
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Start Up Loans programme providing support during outbreak

Business have been urged to make use of the British Business Bank's Start Up Loans programme for support during the coronavirus outbreak.
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£5m fund to support young entrepreneurs during Covid-19 crisis

The Prince’s Trust and NatWest have launched a £5m fund to support young entrepreneurs across the UK to keep their businesses afloat during the coronavirus crisis.
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Business

Revenue grows to almost £90m at motor finance lender

Revenue at Solihull-based motor finance lender S&U increased to almost £90m during its latest financial year.
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HomeServe holding off on furlough and redundancy plans

Household repairs giant HomeServe, which is headquartered in Walsall, has confirmed it is currently not planning to furlough or make redundant any of its staff over the Covid-19 pandemic.
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£20m for resilience-building technologies

Businesses could help boost the UK's resilience to the long-term impact of the coronavirus outbreak and similar situations in the future as part of a £20m funding initiative.
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March slump for LCV market

The UK new light commercial vehicle (LCV) market slumped by more than 50 per cent last month, new figures have shown.
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Arts centre ceases trading over Covid-19

An arts centre in Worcestershire has ceased trading after being forced to close its doors because of the Covid-19 pandemic.
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Property

Plans in for more than 400 new homes

Plans have been submitted for more than 400 homes to be constructed to the north of Coventry.
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Real Estate Investors bucks dividend trend

Birmingham-headquartered Real Estate Investors has confirmed it will propose a final dividend payment despite the Covid-19 pandemic.
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Historic contractor slips into the red while turnover rises

A historic Midlands contractor incurred pre-tax losses of almost £6m during its latest financial period, despite turnover passing £140m, newly filed accounts have confirmed.
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Former nightclub sold for residential development

An affordable homes provider has bought a former Staffordshire nightclub and dance hall site for residential redevelopment.
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Firms investing in tech to counter virus impact - agent

Property businesses are making major investments in technology to counter the impact of the coronavirus, a prominent agent has told Insider.
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Vistry exchanges contracts with Homes England on portfolio

Vistry Partnerships, part of Vistry Group, has exchanged contracts with Homes England on a portfolio of six developments that will provide more than 570 new homes across the country.
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Moorgarth launches £100m property fund

Property asset management business Moorgarth has launched a new £100m fund to support community-based retail and leisure projects across the UK.
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Manufacturing

Churchill China hails 2019 as “very successfull year”

Stoke-on-Trent-headquartered Churchill China has hailed 2019 as a "very successful year" in which it "reinforced the substantial progress made in developing and implementing long term growth strategies".
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Turnover remains flat at packaging company

Turnover remained flat at a packaging company which has its UK headquarters in Telford during its latest financial year, new accounts have confirmed.
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Other News

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Member Exclusive News

Senior Virgin exec joins Codemasters board

Warwickshire-headquartered listed video game developer Codemasters has added a senior Virgin executive to its board.
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Stepnell in PPE hospital donation

Construction company Stepnell has provided University Hospitals Coventry and Warwickshire with Personal Protective Equipment (PPE) in a bid to support key workers on the front line of the Covid-19 crisis.
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