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West Midlands
Friday 14 August 2020

Latest News

Top Story

Turnover rises as losses widen at sk:n Group’s parent

Turnover at the parent company of private equity-backed sk:n Group increased during its latest financial year, but its pre-tax losses widened, according to new figures for the Birmingham-headquartered business.
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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

Sustainable batteries firm’s £2m BGF boost named Deal of the Month

A deal which saw a Birmingham-based developer of sustainable and reusable batteries receive a £2m equity investment from BGF and Mercia Asset Management has been named Insider's Deal of the Month for July.
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New lender secures CBILS accreditation

Simply has been accredited to lend under the Coronavirus Business Interruption Loan Scheme (CBILS) by the British Business Bank.
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Business

New partners for law firm’s Birmingham office

Law firm Bevan Brittan has promoted two new partners at its Birmingham office. They are among five promotions from the firm’s base in Edmund Street.
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CMA raises concerns over funerals sector

A number of concerns have been raised about the funerals industry by the Competitions and Markets Authority (CMA).
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Topps Tiles set for “modest” pre-tax profits

Topps Tiles has said it now expects to report "modest" pre-tax profits for its current financial year which has been impacted heavily by the Covid-19 pandemic.
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Bistrot Pierre sets target date for Covid-19 recovery

Private equity-backed Bistrot Pierre is expecting to return to pre-Covid levels of profitability by 2024 and open a new site every year from 2023, according to a new document. The value of the pre-pack deal to buy the restaurant chain out of administration last month has also been published for the first time.
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Cera Care to create 10,000 jobs

Cera Care is recruiting, retraining and deploying new staff from industries that have suffered mass redundancies due to the ongoing pandemic, creating 10,000 jobs.
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Property

Go-ahead tipped for listed building’s transformation plans

The go-ahead has been recommended to transform a grade II*-listed building in Solihull with links to the founder of Birds Custard into a care home and new apartments.
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Packaging business takes business park space

A packaging business has signed up to move to a St Modwen business park in Staffordshire.
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Company appointed to manage apartment development

Worcester-headquartered Mainstay Residential has been appointed to manage the Kenilworth Court development in Edgbaston.
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Energy saving scheme for major business park

IM Properties has joined with a global tech business to create a regional testbed for a new energy-saving streetlight system at Blythe Valley Park in Solihull.
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Manufacturing

Revenue rise for historic engineering group

Revenue at a listed engineering group headquartered in Stoke-on-Trent, which was established in 1883, increased to more than £140m during its latest financial year.
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Other News

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Member Exclusive News

Halfords hires former InterContinental Hotels CFO

Redditch-headquartered Halfords has appointed the former chief financial officer of InterContinental Hotels to its board.
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Warriors name new main shirt sponsor

A Worcestershire-based motor and agricultural salvage company has become the main partner and front-of-shirt sponsor for Worcester Warriors.
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