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West Midlands
Monday 30 November 2020

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Plans in for transformative city centre scheme

Transformative proposals to create more than 1,000 apartments, a hotel, cinema, restaurants and retail in Coventry city centre have been formally submitted. The project would also support 2,000 full-time equivalent jobs.
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Insider Feature
Feature 1

Business Matters: Extraordinary times provide a catalyst for change

The Covid-19 pandemic was unforeseen, unexpected and unwanted, but has been the catalyst for businesses, people and economies to adapt to survive, which says much about the resolve of the region’s business community, according to Graham Spalding, partner in the Corporate and Commercial practice of regional law firm Lodders.
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Deals

Pets at Home to acquire veterinary telehealth firm

Pets at Home is acquiring one of the UK's largest independent veterinary telehealth providers in a £15m deal.
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Investment made in Shoe Zone

A stake has been taken in listed retail giant Shoe Zone.
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Business

Arcadia Group facing collapse as Ashley makes £50m loan offer

Retail empire Arcadia Group, the owner of brands including TopShop, Burton and Dorothy Perkins, could be set to collapse today, according to reports. The group employs about 13,000 workers. Frasers Group, controlled by Mike Ashley, has confirmed it has offered a £50m funding line to Arcadia.
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Turnover and profits jump at historic group

Turnover topped £80m while pre-tax profits surged at a Burton-upon-Trent-based provider of mechanical, electrical and process engineering services, which was founded almost a century ago, during its latest financial year.
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Logistics giant creating more than 300 jobs

The Staffordshire-based UK arm of a Hong Kong logistics giant is creating more than 300 jobs.
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Turnover and pre-tax profits accelerate at parcel delivery group

Turnover and pre-tax profits increased at a national parcel delivery business during its latest financial year, new figures have revealed. They have been published after the company revealed its gross profits for the period earlier this month.
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Record year for JYSK UK and Ireland

Danish furniture and home furnishings brand JYSK, which operates 30 stores across the UK and Ireland, has reported record results.
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Midlands business confidence suffers November fall

Business confidence in the Midlands fell during November, according to the latest Business Barometer from Lloyds Bank Commercial Banking.
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Jaeger administrators close stores and concessions

The administrators of retail giant Jaeger have closed 13 of the company's stores and concessions.
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Re-organisation for Cooper Parry as profits hold steady

A group re-organisation at Cooper Parry resulted in its total turnover declining during its most recent financial year, according to new documents. However, its pre-tax profits remained static. The figures come after the company revealed its turnover from continuing operations rose over the same period.
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Property

Approval for thousands of homes and jobs

Plans to construct up to 2,400 homes and create 2,000 jobs on the edge of Coventry have been voted through.
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Milestone for £7m energy innovation centre

A new £7m centre designed to promote innovation in waste, energy, and low carbon vehicle systems has reached a construction milestone.
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Planning revolution could mean “power grab” and fewer affordable homes

Radical plans to shake up the planning system are set to lead to a "power grab" by Whitehall, stripping local and regional government of decision-making powers, according to a group of Midlands development experts.
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Flats tipped for prominent office building

A prominent office building in Coventry could be transformed into almost 70 apartments, according to new plans.
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Six-figure deal for industrial property agreed

An industrial property in Birmingham has been sold for a six-figure sum.
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Manufacturing

CEO hails royal carpet maker’s first-half “resilience”

The chief executive of Worcestershire-based royal carpet maker Victoria has hailed the company's "underlying resilience" during the first half of its financial year. The business slipped into the red during the period because of the Covid-19 pandemic.
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Revenues near £200m at Tommee Tippee owner

Revenues have neared the £200m mark at the company behind the Newcastle-based owner of the Tommee Tippee brand, newly filed accounts have revealed.
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Engine manufacturing falls by a fifth

Engine manufacturing slumped by more than a fifth in October, according to new figures.
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Other News

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Member Exclusive News

Board changes for National Express

Birmingham-headquartered National Express has announced a number of changes to its board.
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Wolves sign partnership with Cadbury owner

Wolverhampton Wanderers have signed a new deal with the owner of Cadbury.
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Services & Guides

Corporate Finance Directory

Corporate Finance Directory

Find an adviser to help you buy, sell or invest in a business.
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Best Places to Meet

Best Places to Meet

The region's top places to hold events, conferences and meetings.
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Best Places to Stay

Best Places to Stay

The region's top hotels and accommodation.
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