Today's West Midlands business news from Insider |
Latest News | The sale of a London casino boosted the profits of one of the largest operators in the UK during its latest financial year, newly filed documents have revealed. It comes after the business announced plans to cut 1,600 jobs because of the Covid-19 pandemic.
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Lucy Twomey, HR and legal adviser at Make UK, says as businesses consider how to survive the economic impact of Covid-19, the stark reality is that, for many, redundancies are now unavoidable. Managing a redundancy procedure can be challenging in normal circumstances but Covid-19 has added new complexity.
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A Birmingham tickets seller for theme parks and landmarks, which completed a management buyout earlier this year, has secured a seven-figure funding boost.
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A spin-out from two universities to commercialise a new class of materials has secured investments from Innovate UK and SFC Capital.
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The brand, online retail business and assets of well-known luggage company Antler, which called in administrators after it was hit by the impact of the Covid-19 pandemic, have been bought.
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Frontier IP Group, a specialist in commercialising intellectual property, has raised funds to support the growth plans of the company and its portfolio.
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Andy Moss from The FSE Group says as we slowly and cautiously ease out of lockdown and start to adjust to the "new normal", and what that looks like, The FSE Group is keen to ensure that Midlands based SMEs are aware of the funding options available to them, in order to support them during these uncertain times and to assist them in accelerating their growth post lockdown.
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National law firm Freeths has outlined plans to cut about 80 jobs from across its 13 offices.
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A new financial services leader for the Midlands has been appointed by PwC.
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An independent software testing company has added seven new clients, including several multi-year contracts, valued at more than £3m.
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Begbies Traynor has been buoyed by a strong financial performance.
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The NEC Group has signed a three-year deal with the Conservative Party to host their annual conference in Birmingham.
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A West Midlands law firm has appointed a new head of its corporate department.
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Financial services provider Together has outlined plans to cut about 200 jobs.
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The site of Shakespeare Martineau's Solihull offices could be transformed into more than 80 apartments, according to new plans.
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A public sector procurement specialist has announced the details of two new frameworks valued at £13bn.
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A £6m contract to construct almost 40 homes in a Shropshire town has been signed.
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A manufacturer and supplier of power transmission products, material handling components and systems has opened its first European operations at a multimillion-pound business park in Leamington Spa.
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Work has begun on a £2m refurbishment of a landmark office building in Birmingham.
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Turnover at the UK arm of a dairy products supplier best known for its Kerrygold and Pilgrim's Choice brands rose past £350m during its latest financial year, with its pre-tax profits dipping following a period of investment.
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One of the largest paper merchants in the UK has said 2020 will be a year of consolidation after its majority owner acquired the final shares to take full control.
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A group of seven companies have signed agreements to progress opportunities to work on future combat air concepts.
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Member Exclusive News | A Birmingham-headquartered residential property management company has appointed a new director.
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A supplier of high performance nickel alloy wire has completed a £1m investment in material to ensure it continues to meet the growing requirements of its global client base.
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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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