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West Midlands
Monday 3 August 2020

Latest News

Top Story

Purplebricks “resilient” despite losses widening

Pre-tax losses widened at Solihull-headquartered online estate agency Purplebricks during its latest financial year, new figures have confirmed. However, its chief executive said its performance had been "resilient" and the company is in a "strong position" for future growth
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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

Breedon completes £178m move for counterpart’s assets

Building materials giant Breedon has completed its move to acquire the UK assets and operations from a Rugby-headquartered counterpart for £178m.
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Warriors co-owners buy majority stake in football club

The co-owners of Premiership rugby club Worcester Warriors have bought a majority stake in a football club.
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EU approves €6.2bn deal for Bombardier Transportation

A deal for a French rail giant to take over Bombardier Transportation for up to €6.2bn has been signed off by the European Commission.
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K3 Capital Group acquires Quantuma Advisory

Professional services firm K3 Capital Group has acquired Quantuma Advisory, which has a base in Birmingham, in a deal worth almost £30m.
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Insider Feature
Feature 2

Roundtable: Car-Free Birmingham

A plan to dramatically cut the number of cars in Birmingham city centre will have a major impact on property and infrastructure development.
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Business

Leaders call for focus on regional innovation

More than 30 leaders from across UK local and civic government, universities and research institutions, including Lord Jim O'Neill, Dame Nancy Rothwell, Andy Street, Andy Burnham and Steve Rotheram, have signed a new manifesto designed to boost the UK's regional innovation potential.
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New chief operating officer for specialist lender

Specialist lender Cambridge & Counties Bank has appointed a new chief operating officer.
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Fewer cars to create “massive opportunities” for Birmingham businesses

Plans to dramatically cut the number of cars in Birmingham city centre will create "massive opportunities" for businesses, a prominent developer has told an Insider event.
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Property

Landmark residential scheme gets second backing

Councillors have approved plans to build more than 1,000 homes and two landmark towers in Birmingham for a second time.
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Pets at Home to build £48m Stafford base

Pets at Home has revealed plans to build a new storage and distribution facility in Stafford in a £48m investment.
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Expererienced property agent to judge awards

One of the region’s most experienced property agents has agreed to judge Insider’s West Midlands Property Awards.
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Permission granted for almost 100 apartments

Permission has been granted to construct an eight-storey building containing almost 100 apartments on the site of a former restaurant in Birmingham.
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Landmark university building backed

Coventry University's plans to create a landmark new building in the city centre as part of plans to redevelop the site of former council offices have been backed.
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Gun Quarter flats scheme hits the market

Apartments in a 21-storey tower in Birmingham's Gun Quarter have been put on the market.
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Residential scheme for old care home site approved

The green light has been given to transform the site of a former care home in Edgbaston into a mix of houses and apartments.
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Thumbs up for more than 50 apartments

More than 50 apartments are to be created at St Modwen's 'Longridge Town Centre' development after the plans were given the go-ahead.
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Manufacturing

Pre-tax losses widen as pandemic hits JLR

Jaguar Land Rover made a pre-tax loss of more than £400m during the first quarter of its financial year with sales impacted by the Covid-19 pandemic.
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Results revealed for acquired cardboard box maker

A rebranded Birmingham-based cardboard box manufacturer, which works with the likes of Tesco, Asda and Morrisons, has revealed its financial performance for the final few months of 2019.
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Historic engineering group’s results hit by “challenging” contract

A Wolverhampton-headquartered engineering group which was established 121 years ago "performed well" during its latest financial year, but "challenges" with a large contract hit its performance.
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Engine production falls almost 40 per cent

UK engine production fell by almost 40 per cent in June, according to new figures.
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Other News

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

Member Exclusive News

Brewers announce new sponsorship deal

Burton Albion FC have signed a new sponsorship deal with Russell Roof Tiles.
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New hire for expanding property management firm

Birmingham-based Principle Estate Management has announced a new appointment.
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