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West Midlands
Insider News
Tuesday 25 January 2022

LATEST NEWS

 

TOP STORY

Turnover at the owner of an electrical products wholesaler with almost 400 branches across the UK has surged past the £750m mark.
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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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DEALS

Kwalee, a Leamington Spa-headquartered developer and publisher of video games, has made its first studio acquisition.
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PwC's transaction services (TS) team in the Midlands completed transformational deals with a total value of more than £3.5bn in 2021.
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365 Business Finance has raised £55m to support its plans to quadruple its lending to SMEs over the next two years.
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A deal has been agreed for a property services group with a nationwide network of 210 branches and offices to be sold to Platinum Equity by Bowmark Capital.
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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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PROPERTY

Logistics company PDS Direct has agreed a deal for an industrial warehouse unit in West Bromwich which extends to 58,578 sq ft.
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A member of the freight distribution network Palletline has purchased the site it has operated from for 20 years.
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Property regeneration consultancy AspinallVerdi has opened an office in Birmingham as the firm looks to expand its presence in the Midlands.
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Property investment and development company Goold Estates has revealed plans to sell a parade of town centre retail units at a multimillion-pound scheme in Walsall.
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A Black Country recruitment specialist has launched a new office following a rise in demand for permanent staff.
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An application has been submitted proposing the transformation of a site in Birmingham to provide almost 60 homes.
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Savills has named the new head of its Telford office.
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BUSINESS

Interpath Advisory, which was formed last year following the sale of KPMG's UK restructuring practice, has opened its new office in Birmingham city centre.
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Bromsgrove-based accountancy firm Curo has welcomed an additional partner to support its expansion.
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Prime Accountants Group, which has offices in Solihull, Birmingham and Coventry, has promoted two senior staff following a period of growth.
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MANUFACTURING

Autins Group, a Warwickshire-headquartered supplier to the automotive industry, increased revenue and cut its pre-tax losses during its latest financial year despite the ongoing semiconductor shortage.
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Made Smarter, a programme designed to help West Midlands manufacturing and engineering firms utilise new digital technology, has achieved more than £10m in value generated since its launch last summer.
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OTHER NEWS

 

MEMBER NEWS

 

Harris Lamb has appointed a residential property manager to help grow the department as part of its business development strategy.
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Wolverhampton Art Gallery has unveiled its new look following the completion of £1.5m improvement works.
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UPCOMING EVENTS

 

SERVICES & GUIDES

 

Find an adviser to help you buy, sell or invest in a business.
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The region's top places to hold events, conferences and meetings.
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The region's top hotels and accommodation.
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