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West Midlands
Tuesday 15 December 2020

Latest News

Top Story

Purplebricks returns to half-year profit

Solihull-headquartered online estate agency Purplebricks returned to making a half-year pre-tax profit despite the impact of Covid-19 on the housing market, new figures have confirmed.
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Insider Feature
Feature 1

Business Matters: The power of peer-to-peer support and how Peer Networks can help SMEs thrive

When it comes to talking through the challenges you face in business, working with like-minded business leaders can be an effective way to share knowledge and find solutions.
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Deals

JLR’s investment firm backs tech company

Jaguar Land Rover’s venture capital and mobility services arm has invested in a blockchain technology firm.
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Agreement reached to acquire Vehicle Replacement Group

Birmingham-headquartered Vehicle Replacement Group is set to be acquired by a professional services and technology business.
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PE firm to invest in education tech provider

A private equity firm is to invest in a Coventry-based provider of education technology.
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Listed law firm completes latest deal

A deal for listed law firm Knights to acquire an independent counterpart has completed.
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Asbestos analyser passes crowdfunding milestone

A Stourbridge company which is developing what is expected to be the world's first handheld asbestos analyser has now raised more than 150 per cent of its Crowdcube target.
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Medical device manufacturer raises £22m with float

Medical device manufacturer Abingdon Health, which has operations in Birmingham, has raised £22m with its flotation on AIM.
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Insider Feature
Feature 2

Business Matters: Not just an isolated success – how to lead a business from surviving to thriving in a pandemic

Dr Koushik Das Sarma, programme facilitator for the Small Business Leadership Programme at the University of Derby, explores how SME leaders are coping with the effects of the virus on business and the vital support needed to help them get ahead of Covid-19 and ahead of the curve.
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Business

Pre-tax profits surge at specialist builders’ merchant

Pre-tax profits surged by more than £50m at a specialist builders' merchant, which has been earmarked to be demerged from its listed parent company, during its latest financial year.
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Codemasters shares jump 20 per cent after EA bid

Shares in Warwickshire-headquartered video game maker Codemasters surged by more than 20 per cent after a takeover bid was submitted by Electronics Arts (EA).
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Former MD returns to training provider

A previous managing director of a training provider, which operates three academies across the Black Country and Shropshire, has returned to the business.
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Firm secures £10m shopping centre deal

A facilities management company has signed a five-year deal with a Solihull shopping centre valued at more than £10m.
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IoD creates new West Midlands branches

The Institute of Directors (IoD) has created three new branches following a major restructure of its West Midlands network.
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Profits up at Mobile Mini

Pre-tax profits have surged at storage provider and site accommodation hire specialist Mobile Mini, newly filed financial results have revealed.
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Tourism recovery eyed for 2021 start

Tourism to Britain is forecast to jump by more than 70 per cent in 2021, according to new figures. However, the total is expected to still be less than half of 2019's level.
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Property

Retail giant to open flagship city centre store

A new flagship Birmingham store has been announced by Frasers Group which will house four of its brands. The shop is to create a "substantial" number of jobs.
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Green light for door maker’s new base

A door manufacturer has secured permission to construct a major new base in Stoke-on-Trent.
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Letting agreed for almost 40 acres

A supplier of aggregates, waste management and haulage services has signed a long-term deal for almost 40 acres in Warwickshire.
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Former council offices and multi-storey car park tipped for demolition

Former council offices and a multi-storey car park in Birmingham city centre have been earmarked for demolition.
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Vacant furniture store site set for transformation

The site of a vacant furniture store on Stoke-on-Trent is to be transformed into new homes and apartments after the plans were approved.
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Green light for affordable houses

The green light has been given to build new affordable homes in Worcestershire.
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Plans for Farmfoods supermarket turned down

Proposals for a new Farmfoods supermarket earmarked for a site in Birmingham have been refused.
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Industrial units earmarked for recently acquired site

A number of small industrial units have been earmarked for a recently acquired site in Birmingham.
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Manufacturing

Turnover increases at PE-backed manufacturer

Turnover increased at a private equity-backed Walsall manufacturer during its latest financial year. However, its pre-tax profits dipped and it added that the Covid-19 pandemic may delay its acquisition strategy.
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Revenue driven up at Jaguar Racing

Revenue was driven up during the most recent financial year of Jaguar's Formula E Championship racing team, new documents have revealed.
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New global sales director for high-end furniture maker

A new global sales director has been hired by a high-end furniture manufacturer headquartered in Dudley, which has worked with the likes of Microsoft, PwC and eBay.
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Other News

NEW Midlands Top 500 Companies Database - contact thousands of the senior decision makers

Member Exclusive News

Office park added to asset management portfolio

An office park in Evesham has become the latest addition to GJS Dillon’s property asset management portfolio.
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Modular buildings supplier opens new depot

A national supplier of modular buildings and portable accommodation has opened a new depot.
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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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