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West Midlands
Insider News
Friday 28 January 2022

LATEST NEWS

 

TOP STORY

A Staffordshire-headquartered adhesive supplier has been acquired by H.B. Fuller, a global counterpart listed on the New York Stock Exchange.
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INSIDER FEATURE

Grant Peggie, director for venture capital solutions at British Business Bank, says from local manufacturers to innovative tech start-ups, small businesses are the foundation of the Midlands' economy and its future growth.
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DEALS

An NHS-backed culture-as-a-service platform is eyeing growth after raising £400,000 in seed funding.
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Marlowe's £135m acquisition of an occupational health and wellbeing company which employs about 1,000 staff has completed.
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Capita has agreed to sell a £120m-turnover IT services business to One Equity Partners in a deal worth up to £115m.
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The Competition and Markets Authority (CMA) has launched an inquiry into the completed acquisition of Morrisons by US private equity firm Clayton, Dubilier & Rice.
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INSIDER FEATURE

With the global cost of cybercrime predicted to top US$10.5tn by 2025, it is more lucrative than drug trafficking. Fayyaz Shah, operations manager at METCLOUD, explains why syndicates are targeting SMEs and what businesses can do to protect themselves.
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PROPERTY

Plans for a £120m scheme aiming to redevelop a site in Birmingham to provide new residential and commercial space look set to advance after being deferred from a previous planning committee.
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Plans have been lodged for the construction of almost 80 homes to the south of Worcester.
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CBRE has welcomed a new senior director of economic development.
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LCP, a Kingswinford-headquartered commercial and property investment company, has acquired two shopping centres in a £138m deal.
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Solihull-based housebuilder Hayfield has bolstered its senior team with three promotions.
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A new joint venture partnership targeting the purpose-built student accommodation (PBSA) sector has launched.
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BUSINESS

Solihull-headquartered Paragon Banking Group has hailed its performance during the first quarter of its financial year with total new lending surging to almost £710m.
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BT has outlined plans to recruit almost 70 graduates and apprentices in Birmingham for its September 2022 intake.
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Birmingham-based change consultancy Entec Si has bolstered its ranks with a pair of appointments.
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Turnover and profits grew at a national law firm which has offices in Nottingham, Birmingham, London, Manchester and Exeter during its latest financial year despite "challenging" market conditions.
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MANUFACTURING

Britishvolt has signed a memorandum of understanding with UK sports car manufacturer Lotus to demonstrate tailormade battery cells.
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UK car production continued to decline during 2021, according to new figures, but the accelerated push for electric vehicles brightened the market's outlook.
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OTHER NEWS

 

MEMBER NEWS

 

Gaming company MERKUR Slots has opened a £200,000 entertainment centre in Coventry, creating ten jobs in the process.
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A £1.1m scheme to convert a former pub in Coventry city centre into a digital space for the Belgrade Theatre is set to open.
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UPCOMING EVENTS

 

SERVICES & GUIDES

 

Find an adviser to help you buy, sell or invest in a business.
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The region's top places to hold events, conferences and meetings.
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The region's top hotels and accommodation.
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