Today's West Midlands business news from Insider |
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West Midlands
Tuesday 18 December 2018

Latest News

Top Story

£77m deal for city centre flats scheme revealed

A £77m deal to forward fund and acquire a site earmarked for a 373-home development in Birmingham city centre has been announced.
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Insider Feature
Feature 1

Business Matters: Trading internationally - challenges and breakthroughs

In the Department for International Trade's latest exporting success profile, Malcolm Hall MBE of Hall-Fast talks about the benefits of working with the DiT and how it shaped their exporting journey.
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Deals

Two buys for acquisitive group after funding boost

An acquisitive engineering and environmental services company has expanded with a pair of deals after securing a funding package from funds managed by Ares Capital Europe.
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LDC completes sale of Prism Medical UK

The Midlands team of private equity investor LDC has completed the sale of Prism Medical UK, a manufacturer and provider of specialist healthcare equipment, to Limerston Capital.
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Door seals manufacturer acquired by counterpart

A company which manufactures specialist door seals has been acquired by a West Midlands-headquartered counterpart.
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CityFibre secures £1.12bn debt package

Fibre optic infrastructure company CityFibre has secured a £1.12bn debt package from seven major financial institutions to support the first phase of its £2.5bn investment plan.
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Bloodhound project saved

Land speed record attempt project Bloodhound has been saved after a entrepreneur acquired the business and assets out of administration.
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Insider Feature
Feature 2

SME Dealmaking Roundtable

Insider’s round table brought together leading lights of the Midlands’ dealmaking community to see how SMEs can be helped to discover and understand the options being offered.
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Business

New Birmingham Airport chief executive named

A new chief executive of Birmingham Airport has been named.
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PM sets date for meaningful vote

The vote on the UK's Brexit deal will take place on the week commencing 14 January, Theresa May has told Parliament.
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New rules to combat nuisance calls

Company directors whose businesses make unsolicited nuisance calls could be held personally liable for fines of up to £500,000 under new legislation.
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CMA sets out audit reforms

The Competition and Markets Authority (CMA) has set out its proposals to improve the independence and the quality of audits.
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Property

Work underway on Birmingham’s tallest office tower

Work has got underway to construct Birmingham’s tallest office tower, 103 Colmore Row.
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Flats plans approved for vacant offices

An office block in Birmingham is set to be transformed into a total of 41 apartments.
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Major homes development at historic hospital completed

A development of more than 150 homes at Dudley Guest Hospital in Dudley has been completed.
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New institute hailed as “vital” for UK automotive sector

The commercial director of MIRA Technology Park has called a new institute on the site "vital to the continued renaissance of the UK automotive sector".
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Manufacturing

Pay rise secured for 2 Sisters workers

A total of 1,500 staff at 2 Sisters' principal poultry sites in West Bromwich and Wolverhampton are to get a pay rise after a deal was agreed between the management and workers' union Unite.
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JCB to unveil first-ever electric excavator

JCB's first-ever electric excavator is set to be one of two new machines to be showcased in the New Year.
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Other News

Midlands Top 500 Companies List - pre-order 2019 edition now

Member Exclusive News

Port Loop consultancy makes top hire

A firm's project management and cost consultancy division, which is working on major Birmingham scheme such as Port Loop, has appointed a new director.
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Birmingham promotions revealed at CBRE

A total of 12 people have been promoted at commercial property services firm CBRE's office in Birmingham.
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