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West Midlands
Insider News
Wednesday 18 May 2022

LATEST NEWS

TOP STORY

The shortlists for Insider's Midlands Residential Property Awards 2022 can today be revealed after a record number of entries were received for the event.
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INSIDER FEATURE

Keith Rose, director, business development (Midlands and South West) at Arbuthnot Commercial Asset Based Lending, explores how businesses in the region can maximise their opportunities to drive growth through acquisitions this year.
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DEALS

The Midlands Engine partnership has launched an investment portfolio which it said has the potential to support or create 220,000 jobs.
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A Tamworth-based manufacturer of corrosion testing equipment has been acquired by the Schunk Group.
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Wolverhampton-based edtech developer and publisher BoomWriter Media has merged with a US counterpart.
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Marlowe, a listed group focused on business-critical services and software which assure safety and regulatory compliance, has expanded with the acquisition of a compliance consultancy service. Law firm Flint Bishop worked on the deal.
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Battery technology company Britishvolt, which is behind plans for a 30GWh Gigafactory in Blyth, has secured investment from a global shipping company as the companies look to accelerate the decarbonisation of the maritime industry.
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A designer, manufacturer and installer of bespoke kitchens with showrooms across the UK has been acquired in a management buyout backed by Coniston Capital.
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INSIDER FEATURE

Gareth Lewis, associate director for business development in Coventry University's subsidiary company PeoplesFuture Ltd, explains how the team at PeoplesFuture are helping businesses tackle the skills and workforce shortage.
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Fiona Holloway, associate partner at Claritas Tax, says it's no secret that millions of us are feeling the pinch at the moment. With sky high inflation rates, rising costs and interest rates and stellar energy bills, not to mention tax increases and the freezing of allowances which research predicts will bring over 1.2m people into higher rates of tax, surely we can rely on great trading conditions to steer us round from a now widely-predicted recession.
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PROPERTY

Legal & General has signed a £4bn investment agreement to support regeneration, housing and levelling up across the West Midlands.
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Video game developer Sumo Group has agreed a deal for space within a former House of Fraser department store in Leamington Spa. The site is expected to be home to more than 400 staff.
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A new charter has been drawn up with the aim of unlocking West Midlands sites for economic growth and redevelopment.
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Proposals for a job-creating McDonald's outlet on the site of a former Chinese restaurant in Shrewsbury could soon move forward.
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LCP, a national commercial property and investment company, has revealed five director promotions at its West Midlands headquarters.
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INSIDER FEATURE

Nic Ferrar from Adamson Jones says there are many benefits to expanding your business to overseas markets – capturing a greater market share, increasing profitability, and growth being the main ones. In the current economic climate, innovation is key if UK manufacturers are to add value to their products to avoid competing solely on cost with goods manufactured elsewhere in the world.
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BUSINESS

The Midlands Engine partnership has launched an investment portfolio which it said has the potential to support or create 220,000 jobs.
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The chief executive of pubco giant Mitchells & Butlers, whose brands include Miller & Carter, All Bar One and Toby Carvery, has said the business is "well positioned" after returning to pre-tax profit during the first half of its financial year.
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A Queen's Award-winning sportswear brand has outlined plans to create more than 200 jobs.
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Marston's, a brewing and pub giant which operates almost 1,500 sites across the UK, is upbeat after returning to profitability.
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Accountancy and business advisory firm BDO has appointed a new regional managing partner for the Midlands. 
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Investment service The FSE Group has made a pair of senior appointments.
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Birmingham-headquartered Strip Tinning, a supplier of specialist connectors to the automotive sector which floated on AIM earlier this year, has expressed a "strong degree of confidence" in the medium-term prospects as it continues to 'perform resiliently'.
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MANUFACTURING

UK heavy goods vehicle (HGV) registrations declined during the first quarter of 2022, according to the latest figures.
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OTHER NEWS

MEMBER NEWS

Harborne-based Italian restaurant Tropea is closing the café side of its business and undergoing a refurbishment.
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A national bakery chain has become the latest occupier at a Rugby shopping centre.
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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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