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West Midlands
Thursday 13 August 2020

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Losses of £122m for National Express as Covid-19 bites

National Express fell to a pre-tax loss of more than £122m during the first half of 2020 due to the Covid-19 pandemic. However, the Birmingham-headquartered company's chief executive said it was well placed for the future.
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Insider Feature
Feature 1

Business Matters: How to get investment in turbulent times

Ray Harris, MEIF principal at Foresight Group LLP, offers a helpful guide for management teams of SMEs looking for equity investment post pandemic.
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Deals

Portmeirion acquires remaining stake of Canadian arm

Stoke-on-Trent-headquartered homewares maker Portmeirion has acquired the remaining 50 per cent of its Canadian arm.
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Insurance company sold to counterpart

A Worcestershire insurance company has been sold to a Crewe counterpart.
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New investment for cosmetics and skin care company

A Staffordshire cosmetics and skin care company has received new investment.
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OakNorth secures additional CBILS allocation

OakNorth Bank has received an additional Coronavirus Business Interruption Loan Scheme (CBILS) allocation from the British Business Bank.
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Business

NFU surges back into the black

The National Farmers' Union (NFU), which is headquartered in Warwickshire, surged back into the black and increased its total funds under management during its latest financial year.
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Revenue rise eyed by listed luxury watch retailer

A listed luxury watch retail group has said its revenue could rise as high as £860m during its current financial year as long as there are no more Covid-19 lockdowns in the UK, US and Switzerland.
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Exceptional costs force acquisitive firm into the red

Exceptional costs forced an acquisitive specialist skincare products company into the red during its latest financial year, new documents have revealed.
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Major recruitment drive launched by parcel delivery firm

More than 100 jobs are being created by a Staffordshire-headquartered national parcel delivery business.
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Half-year trading “remains resilient” at Northbridge

Burton-upon-Trent-based Northbridge Industrial Services has said its trading during the first six months of its financial year has "remained resilient" despite the Covid-19 pandemic.
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New executive directors for outsourcing specialist

A Birmingham-based outsourcing specialist has appointed two new executive directors.
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Property

Sites snapped up for 130 homes plans

SevenCapital Group's regional housebuilder has acquired a former medical facility and part of a hospital with the aim of developing 130 new homes.
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Fresh food provider set for major new base

A Germany-headquartered fresh food provider has signed up to take a major new base in Warwickshire.
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Mayor speaks out over athletes’ village decision

The decision to scrap the planned £500m athletes' village for the Birmingham 2022 Commonwealth Games has been described as a "shame" by the mayor of the West Midlands. Andy Street added that the organisers had been put in a "tricky position" but had "come up with a good compromise".
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Green light tipped for 50 affordable homes

A bid to construct 50 affordable homes near Stratford-upon-Avon has been recommended for the green light.
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Manufacturing

Jaguar to mark 60th anniversary of E-type

Jaguar is to mark the 60th anniversary of its E-type with six limited edition matching pairs.
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Machinery investment for automotive components maker

A manufacturer that produces exterior, interior and under bonnet components has invested in new machinery.  
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Other News

Midlands Top 500 Companies Database - contact the region’s top decision makers

Member Exclusive News

LEVC working on van conversion project

Coventry-headquartered LEVC is developing a conversion programme for its new electric van.
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Hot pot restaurant set for Bullring

A Chinese hot pot restaurant chain is to open its first UK site outside of London at Birmingham's Bullring.
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