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West Midlands
Friday 1 May 2020

Latest News

Top Story

Major senior restructure revealed by Shakespeare Martineau

A major restructuring of its senior leadership team has been announced by law firm Shakespeare Martineau, including a new head of the West Midlands.
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Insider Feature
Feature 1

Ask the expert: How to effectively manage businesses working remotely in the time of coronavirus

With people across the world remote working, Dr Yanguo Jing, associate dean at Coventry Business School, looks at how to do so effectively.
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Deals

Six-figure boost to help firm maker PPE

A Wolverhampton fashion and textile manufacturer has received a £400,000 cash flow finance facility to make essential personal protective equipment (PPE) for the NHS.
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Lender passes £2.5m milestone for CBILS

An alternative business lender based in Wolverhampton has surpassed a £2.5m milestone for the Coronavirus Business Interruption Loan Scheme (CBILS).
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Allied Irish Bank(GB) secures CBILS lending approval

Allied Irish Bank (GB) has been approved for accreditation by the British Business Bank as a new lender for the government-backed Coronavirus Business Interruption Loan Scheme (CBILS), with support lined up for companies across the North and Midlands.
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Business

New CEO takes reigns at Gateley

A new chief executive has taken the reigns at commercial law firm Gateley.
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Wilko eyes “strong plans” after revenue and profits slip

Wilko's revenue fell by almost £90m while its pre-tax profits slumped by about two thirds during its latest financial year, according to new figures. However, the group has "strong plans in place to further improve the customer proposition, operational delivery and effectively manage cash in 2020 and beyond".
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Senior appointments for Lloyds Bank

Lloyds Bank Commercial Banking has added to its senior SME-facing relationship management team based in Birmingham.
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SMEs receive more than £4.1bn in CBILS funding but issues remain

The banking and finance sector has provided more than £4.1bn to SMEs through the Coronavirus Business Interruption Loan scheme (CBILS), according to new figures from UK Finance. However, the Federation of Small Businesses (FSM) has said that there are still problems that need to be addressed.
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EY confirms associate partner hire

EY has confirmed the appointment of a new associate partner at its Birmingham office.
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Intu appoints chief restructuring officer

Intu has appointed a former PwC and EY specialist as its chief restructuring officer as it eyes a turnaround in fortunes.
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Property

Prominent mixed-use scheme to replace department store

A four-storey department store in Leamington Spa is to be demolished and replaced by a mixed-use scheme.
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Eight-figure deal for 850-home scheme

A Warwickshire site with planning permission for 850 homes has been sold in an eight-figure deal.
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Approval tipped for Jewellery Quarter flats

Plans to create almost 60 new apartments and commercial space in Birmingham's Jewellery Quarter have been recommended for approval.
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Major student beds plans tipped for go-ahead

The green light has been tipped for almost 180 student bedrooms to be constructed on the site of an ex-servicemen's club in Birmingham.
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Lidl planned for old GKN site

Part of a former GKN site in Birmingham could be transformed into a Lidl after the proposals were recommended for the go-ahead.
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Barratt Developments to restart work at 180 sites

Barratt Developments has announced that construction work will resume at half its sites from 11 May.
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Vote set for 20 homes bid

An application to construct 20 new homes in Birmingham is set to be voted on next week.
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Pegasus Group details planning authority pandemic response

Pegasus Group has detailed how local planning authorities are adapting to the ongoing pandemic.
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Manufacturing

Commercial vehicle production slumps

The production of commercial vehicles in the UK slumped 41.8 per cent in March, according to new figures released by the Society of Motor Manufacturers and Traders (SMMT).
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Breedon looking to reopen sites

Construction materials giant Breedon is to reopen a number of its sites over the coming weeks.
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AstraZeneca and Oxford Uni join forces for vaccine development

AstraZeneca and the University of Oxford have signed an agreement for the global development and distribution of a potential vaccine aimed at preventing Covid-19 infection.
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Other News

Greggs trial reopening to be behind closed doors

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Member Exclusive News

Senior hire for historic firm’s UK arm

The UK arm of a historic manufacturer of water pumps and pump systems has made a senior hire.
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University’s FabLab makes facemasks straps

Coventry University’s FabLab is manufacturing straps for facemasks to make them more comfortable for frontline NHS staff to wear during the Covid-19 pandemic.
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