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West Midlands
Insider News
Wednesday 26 January 2022

LATEST NEWS

TOP STORY

Turnover at an Oldbury-based workwear provider, which makes clothing for the likes of BT, Veolia Environmental, Morrison Utilities and Kier Group, surged past the £90m mark following increased PPE sales.
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INSIDER FEATURE

Grant Peggie, director for venture capital solutions at British Business Bank, says from local manufacturers to innovative tech start-ups, small businesses are the foundation of the Midlands' economy and its future growth.
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DEALS

The Competition and Markets Authority (CMA) has served an initial enforcement order in relation to the agreed all-share combination of National Express and Stagecoach. The deal is expected to create a group with a fleet of about 40,000 vehicles and a workforce of approximately 70,000 people.
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Arc UK has strengthened its position in the foodservice market for professional glassware with a fresh acquisition.
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A Henley-in-Arden-based bespoke managed IT and analytic services business is to create jobs after securing a £400,000 loan.
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A consortium led by private equity group KKR has agreed to acquire the owner of iconic Nottingham bike maker Raleigh for €1.56bn.
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Element Materials Technology Group, a global business specialising in testing, inspection, and certification services with bases across the UK, has been acquired in a multibillion-pound deal by Temasek from Bridgepoint.
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INSIDER FEATURE

With the global cost of cybercrime predicted to top US$10.5tn by 2025, it is more lucrative than drug trafficking. Fayyaz Shah, operations manager at METCLOUD, explains why syndicates are targeting SMEs and what businesses can do to protect themselves.
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PROPERTY

A commercial property group has started work on a £1.5m expansion of its headquarters in Warwickshire.
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A roadside drive-thru development in Oswestry has been acquired by Lightstone Properties for £2.6m.  
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Sales of assets neared the £20m mark at Birmingham-based Real Estate Investors during 2021.
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A major land promoter's plans to build up to 100 homes in Market Drayton have been refused.
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A Shropshire construction firm has hailed its "strong" foundation after developing a specialism in low carbon projects.
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The Midcounties Co-operative has appointed a new head of property as it embarks on its 2022 investment programme.
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Kitchen retailer Kutchenhaus has opened its first store in Worcester.
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BUSINESS

Law firm Shakespeare Martineau has welcomed a new partner to head up its social housing development team.
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Unilever, the consumer goods giant behind brands including Marmite, Vaseline and Ben & Jerry's, has confirmed plans to cut about 1,500 management roles globally as part of a simplification of its business model.
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Travelodge has launched its 2022 recruitment drive and is looking to fill 600 positions across its 582 UK hotels and headquarters.
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Inland surfing company The Wave has signed an exclusive partnership agreement with a wave-making technology provider to bring forward at least six more developments across the UK and Ireland.
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OTHER NEWS

MEMBER NEWS

Coventry-based Safetyflex Barriers has completed a major project on Australia's Gold Coast.
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Solihull-based Terra Strategic has promoted a member of its team to land and development director.
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UPCOMING EVENTS

SERVICES & GUIDES

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