Today's West Midlands business news from Insider |
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West Midlands
Monday 27 April 2020

Latest News

Top Story

MBO completed at biscuits and bakery products supplier

A sourcer and supplier of biscuits and bakery products based in Coventry has completed a management buyout.
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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

Listed law firm completes £20m deal

Listed law firm Knights, which is registered in Staffordshire, has completed the acquisition of a counterpart in Leeds in a deal worth more than £20m.
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JP Morgan division snaps up National Express shares

Investment management giant JPMorgan Asset Management has taken a 5 per cent stake in Birmingham-headquartered National Express.
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Private hospital merger moves forward

The Competition and Markets Authority has said undertakings offered by Circle Health Holdings are likely to enable a private hospital merger go ahead.
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New lenders revealed for CBILS

The British Business Bank has approved four new lenders under the Coronavirus Business Interruption Loan Scheme (CBILS).
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Business

West Mids leaders drawing up recovery action plan

A recovery action plan is to be drawn up "specifically tailored" to help the West Midlands economy bounce back quickly once lockdown restrictions start to be lifted.
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Jobs and wages set to be cut at Coventry Rugby

Coventry Rugby have warned that jobs are set to be lost and salaries slashed as a result of the Covid-19 pandemic and RFU funding cuts.
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Funding boost to help keep trams on track

Part of a £17m funding package from the government will help the trams in Nottingham and Birmingham keep running during the Covid-19 pandemic.
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How high on your agenda is social responsibility?

Has the Covid-19 crisis made your business more aware of its social responsibility? Insider has partnered with Unity Trust Bank on a new survey to find out.
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Villa to defer wages and make furlough promise

Aston Villa's first team players, coaches and senior management have agreed to defer 25 per cent of their salaries for four months to help the Premier League club through the Covid-19 pandemic. They have also confirmed that no staff will be furloughed
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Sales surge at job-creating online pet store

An online pet store based in Stratford-upon-Avon has tripled its workforce to cope with a rising demand from animal owners across the UK during Covid-19.
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Exports drop due to Covid-19 despite strong food and drink showing

UK exports fell in the first quarter of 2020 as the impact of Covid-19 hit global supply chains, according to the Lloyds Bank International Trade Index. However, this was slowed by a strong showing in food and drink exports.
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Property

Plans for job-creating development approved

Plans for a job-creating warehouse and office scheme in Stoke-on-Trent has been approved.
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Deal completed for Holiday Inn Express hotel

The freehold ground rent investment in a Holiday Inn Express hotel in Castle Bromwich has been sold.
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Successful refinance for listed student accommodation firm

A listed owner and operator of student accommodation across the UK has refinanced £32.8m of its existing debt. 
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Redrow outlines site reopening plans

Housebuilding giant Redrow has outlined plans to reopen its sites and return to construction.
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Manufacturing

Hiab Uk to resume operations

Hiab UK is to resume operations at its four installation sites this week after services were temporarily suspended as a result of the Covid-19 pandemic.
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Other News

RSM UK appoints new board

Taxi group looks at new ways to drive growth

Co-op in ‘strong position’ to weather coronavirus storm

Midlands Top 500 Companies List - contact 1000s of the region’s top decision makers by phone or email

Member Exclusive News

Aston Martin extends new vehicle warranites

Aston Martin has extended all warranites for new vehicle which are due to expire until the end of June.
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Severn Trent preparing to tender major contract

Water and waste company Severn Trent has announced it will soon be going out to tender with a major contract.
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Services & Guides

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