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West Midlands
Insider News
Monday 31 January 2022

LATEST NEWS

TOP STORY

Legal and professional services business Knights has further expanded its UK presence with the acquisition of a prominent law firm for a total consideration of £11.5m.
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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

Birmingham-based LRQA, a Goldman Sachs Asset Management-backed provider of digitally enabled assurance services, has expanded with the acquisition of an ESG specialist.
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More than 7,500 loans West Midlands loans have contributed to the British Business Bank hitting an £800m start-up funding milestone.
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Communications specialist Bailie Group has acquired a training provider to support its growth plans.
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The UK financial services industry announced 252 deals in 2021, up from 134 in 2020, representing the highest volume of deals in five years, according to EY's latest M&A analysis. The total disclosed deal value year on year however fell from £31.2bn 2020 to £25.8bn in 2021.
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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

The chief executive of online estate agency Purplebricks has described the first half of its financial year as "challenging" after slipping to a pre-tax loss.
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A site within an established employment area in Telford has been earmarked for the construction of a logistics facility which is expected to create more than 100 jobs.
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Prologis has acquired an additional building at its logistics park in Coventry for a consideration of £8m.
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Plans for an international cricket centre at the University of Worcester's Severn Campus have been backed by the council.
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Property developer Cordia Blackswan has started work on a shared living scheme in Birmingham's Jewellery Quarter.
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Warwick-based property development company AC Lloyd has made a senior appointment.
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BUSINESS

The West Midlands is expected to be one of the slowest regional economies to recover from the pandemic due to the impact of Covid-19 on the automotive and manufacturing sectors, according to EY's latest Regional Economic Forecast.
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Coventry-based TruTac Ltd, a UK provider of fleet compliance and management software, has named its new managing director among a number of senior changes.
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Business confidence in the West Midlands surged during January, according to the latest Business Barometer from Lloyds Bank.  
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Midlands law firm Wright Hassall has strengthened its specialist private client and contentious probate teams with a series of appointments.
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The Government has unveiled plans for a regeneration programme which will transform 20 towns and cities across the country.
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MANUFACTURING

The British Ceramic Confederation, a trade association for the UK ceramics manufacturing industry, has appointed a former MP as its chief executive (designate).
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UK commercial vehicle (CV) production grew during 2021 but remained below pre-pandemic levels, according to new figures.
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OTHER NEWS

MEMBER NEWS

Property management company MetroPM has been appointed to look after a selection of luxury homes in Solihull.
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A Shropshire video production agency has relaunched with a new name.
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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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