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West Midlands
Monday 25 January 2021

Latest News

Top Story

Employees move for Queen’s Award winner

A Queen's Award-winning engineering and process automation company in Warwick has become employee owned.
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Insider Feature
Feature 1

Business Matters: Raising finance (by debt or equity) to fund growth in a post Covid world

Haydon Simmonds and Jahid Ali, banking and finance and corporate partners at Howes Percival, consider some of the issues facing businesses looking to fund growth in a post-Covid world.
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Deals

Smart energy maker secures £6m investment

A Worcestershire-based smart energy products maker has secured a £6m investment from a UK venture capital fund and an oil giant.
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Boohoo acquires Debenhams’ IP for £55m

Boohoo has acquired the intellectual property (IP) assets of Debenhams Retail from its joint administrators in a deal worth £55m. The move does not include any stores which are in the process of being closed down.
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ASOS confirms talks to buy Arcadia brands

Online retailer ASOS has confirmed it is in "exclusive discussions" with the administrators of Arcadia over the acquisition of the Topshop, Topman, Miss Selfridge and HIIT brands.
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Insider Feature
Feature 2

Business Matters: Rishi Sunak, Covid-19 and the UK tax system’s best kept secret…

Roy Farmer and David Bradshaw from Dains LLP say the Chancellor, Rishi Sunak, will face the impossible task of balancing the books, whilst trying to keep the taxpayer happy, when contemplating the fiscal plan to be outlined during the Spring budget.
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Business

Initial impact of Covid-19 on NEC Group revealed

The initial impact of the Covid-19 pandemic on Birmingham-headquartered NEC Group has been revealed.
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Buzz Bingo “well placed” for future after restructure

The company behind the Buzz Bingo chain made a pre-tax loss of £22m in the year before it was impacted by the Covid-19 pandemic, new documents have revealed. The current crisis led to the business closing 26 clubs in 2020. However, it said it is now "well positioned" for future growth.
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New regional MD for construction giant

Construction giant Galliford Try has appointed a new managing director for the West Midlands and South West.
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Property

Approval tipped for almost 1,000 homes

Almost 1,000 homes could be constructed in Worcestershire after new plans were recommended for approval.
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Six-storey apartment building planned for city

A six-storey building featuring almost 40 apartments could be constructed in Birmingham, according to newly filed plans.
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Designs for new energy centre revealed

Concept designs have been published for a new energy centre to be constructed in Solihull.
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Mixed-use scheme secures go-ahead

Proposals to create almost 40 apartments, as well as three retail units, at a site in Birmingham have been voted through.
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Flats approved for vacant city centre offices

Vacant offices in Wolverhampton city centre are to be transformed into new apartments after the plans were approved.
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Work gets underway on new homes development

Construction work is underway on 50 new homes in Malvern, Worcestershire.
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Trampoline park set to reopen this year

A trampoline park on the border of Coventry and Warwickshire is to reopen later this year after it signed a 15-year lease on a purpose-built unit on the same site as its previous home that was destroyed by fire in 2018.
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Manufacturing

Revenue drop expected for smoke alarm maker

A Coventry-based smoke alarm and carbon monoxide detector manufacturer is set to report a drop in revenue for its latest financial year because of the impact of Covid-19. The listed company has also applied for further government funding to help it through the pandemic.
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Other News

NEW Midlands Top 500 Companies Database - contact thousands of the senior decision makers

Member Exclusive News

Brake and clutch supplier extends racing deal

A Coventry-based brake and clutch supplier has been chosen by TOCA and the British Touring Car Championship to supply critical performance components for a further six years.
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Latest refurbishment project completes at employment park

The latest in a series of refurbishment projects at Minworth Trade and Industrial Park in Sutton Coldfield has been completed.
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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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