Today's West Midlands business news from Insider |
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West Midlands
Monday 5 October 2020

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West Midlands Property Awards shortlists unveiled

The shortlists for Insider's West Midlands Property Awards 2020 have been revealed.
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Insider Feature
Feature 1

Business Matters: What to do when furlough ends

The government’s furlough scheme has been keeping many businesses afloat, but with new restrictions and the threat of a second wave looming, will the new Jobs Support Scheme be enough to save jobs? What else can businesses do to keep cash flowing?
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Deals

Luxury shower maker acquired by investment vehicle

A luxury shower enclosure manufacturer has been acquired by the investment vehicle for Birmingham-based Orbis Partners.
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SMEs to benefit from £12m boost

A total of £12m has been secured to help small businesses in Birmingham bounce back from the Covid-19 crisis.
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Former chairman reduces Tandem stake

The former chairman of Castle Bromwich-based Tandem has decreased his stake in the listed company.
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Asda sold to consortium for £6.8bn

A sale of Asda to a consortium including the owners of Euro Garages and private equity firm TDR Capital, valuing the supermarket giant at £6.8bn, has been agreed.
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LV= in exclusive talks with investment giant

Financial mutual LV= has revealed that it is in exclusive discussions regarding a potential transaction with a global private equity firm.
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Business

Turnover rises as losses cut at car retailer

Turnover has increased and pre-tax losses cut at a historic car retailer headquartered in Kidderminster.
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Round of promotions at Harrison Clark Rickerbys

Two new partners lead a promotions round at Harrison Clark Rickerbys, which also includes nine newly qualified solicitors.
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Cineworld to close all UK and US sites

Cineworld is to temporarily close all of its sites in the UK and US as a result of film release delays caused by the outbreak of Covid-19.
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Property

Historic contractor hails “strong and profitable” performance

A historic Midlands contractor has hailed its "strong and profitable financial performance" during its latest financial year.
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Town centre flats approved

More than 30 apartments are to be built in Dudley town centre after the go-ahead was granted.
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Major contract win for property management firm

A Birmingham property management company has won a major contract.
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Apartments scheme for old pub site refused

Plans to knock down a former pub in Coventry to make way for a new apartments development have been refused.
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Hospital project started by modular construction firm

A Shrewsbury-based modular construction specialist has started work to build a new win at a Cardiff hospital.
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New tenants for co-working complex

Two new tenants have taken space at co-working complex in Leamington Spa ahead of its opening next month.
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Manufacturing

Solid State wins contract worth more than $4m

A contract worth more than $4m has been won by Redditch-headquartered electronics maker Solid State.
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Turnover surge for bacon producer’s parent company

Turnover surged by more than £60m at the Coventry company behind bacon producer Beckett's Foods during its latest financial year, new documents have confirmed.
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Universities form centre to support manufacturers

Three Midlands universities have formed a new virtual centre for data-driven metrology to assist UK manufacturers in achieving efficiency gains, cost savings and process flexibility.
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Lotus-led consortium gets government funding

An engineering partnership led by Lotus has won government support and funding to develop next-generation battery electric vehicle architecture.
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Growth for Portakabin owner in latest results

The historic group behind modular building manufacturer Portakabin has reported growth in turnover and pre-tax profit in recently filed financial results.
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Other News

NEW Midlands Top 500 Companies Database - Preorder today and get the Early Bird Offer

Member Exclusive News

New appointment for Signature Property Finance

Solihull-headquartered Signature Property Finance has announced a new appointment to help it expand into Lincolnshire, Yorkshire and the North East.
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League One club extend stand sponsor deal

A League One club have announced an extension to a sponsorship deal for their North Stand.
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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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