Today's West Midlands business news from Insider |
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West Midlands
Insider News
Friday 6 May 2022

LATEST NEWS

TOP STORY

Legendary cyclist Sir Jason Kenny has kickstarted a crowdfunding campaign which aims to support the growth of a Staffordshire-based bike company.
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INSIDER FEATURE

Liz Whitfield from Growth Plans looks at the benefits of thinking out loud.
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DEALS

Fisheye, a Shrewsbury-based ecommerce and digital marketing specialist, has been acquired by a Dutch firm in a move designed to strengthen its presence across the UK.
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A 100-strong provider of damage restoration services has been acquired by an international group.
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The Competition and Markets Authority is investigating the anticipated acquisition by Carpenter Co of the engineered foams business of Recticel NV/SA. Both businesses have operations in England while Carpenter Co has a base in Wales.
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PROPERTY

An application proposing the construction of a new hotel near the site of Warwick Castle – which is expected to create a number of jobs – has been green lit.
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Warwick-based strategic land developer L&Q Estates has expanded its senior team.
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A mixed-use development aiming to provide more than 50 homes in Stoke-on-Trent has been backed by the council.
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Recipe box retailer Gousto has agreed a deal for a 295,000 sq ft fulfilment centre at St Modwen Park Burton in a move expected to create hundreds of jobs.
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Listed land and property regeneration specialist Harworth Group has launched a build-to-rent (BTR) portfolio of about 1,200 homes across ten of its development sites.
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BUSINESS

Birmingham-headquartered outsourcing firm Sigma Connected has confirmed its entry into South Africa's domestic market in a move which will create up to 1,000 jobs in the Cape Town area.
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National law firm Browne Jacobson has promoted 31 lawyers across its business.
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McColl's Retail Group has warned it is "increasingly likely" to call in administrators if short-term funding cannot be secured.
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The Bank of England has taken the decision to further increase interest rates.
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Channel 4 has outlined its alternative to the government's proposed privatisation of the broadcaster, including plans to expand its presence outside of London.
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MANUFACTURING

Revenue has grown at Birmingham-headquartered engineering giant IMI during the first quarter of its financial year.
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The UK's new car market continued to decline during April as a result of global supply chain shortages, according to the latest figures, with the Society of Motor Manufacturers and Traders downgrading its outlook for 2022.
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OTHER NEWS

MEMBER NEWS

i-nexus Global, a Coventry cloud-based software company, has appointed a new chief financial officer.
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Marrons Planning has grown its presence in Worcestershire with the appointment of a senior planner.
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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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