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West Midlands
Thursday 5 September 2019

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Warriors eye sustainable future

The new owners of Worcester Warriors are targeting returning the Premiership rugby club to the black within the next three years. However, they said the club would only become self sustainable if they are able to develop almost 40 acres of land into a hotel and a conference centre as well as restaurants and retail space.
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Insider Feature
Feature 1

Business Matters: Increasing housing supply through collaboration

Victoria Jardine, a partner at Anthony Collins Solicitors, asks with the potential of a no-deal Brexit and another general election looming large this autumn, how can housing associations weather the pro-cyclical cooling of the housing marketing that started in London in 2018 as it ripples steadily up the country?
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Deals

LDC invests in global comms firm

The Midlands team at private equity firm LDC has invested in international business communications consultancy Instinctif Partners.
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Bowmark reinvests in Aston Lark

Bowmark Capital has reinvested in Aston Lark, an independent insurance broker with operations across the UK and Ireland, which has been acquired by Goldman Sachs' merchant banking division.
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Childcare company sold

A childcare company in Shrewsbury has been sold for an undisclosed sum.
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Business

GKN boost helps Melrose report major growth

Revenue at Birmingham-headquartered Melrose Industries surged by almost £3bn during the first half of its financial year, new figures have revealed. The listed company said the increase was helped by an improvement in trading for GKN which it bought in 2018.
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Acquisitive pub grew brews up turnover success

An acquisitive pub group grew its turnover during its latest financial year.
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Encouraging forecast for historic machinery retailer

An agricultural and engineering equipment retailer which can trace its roots back to 1832 has reported an encouraging forecast as it bounces back from a first overall loss for many years.
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Business leaders welcome Spending Round pledges

Business leaders have welcomed pledges to increase spending on education and infrastructure in new Chancellor Sajid Javid's Spending Round.
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Growth for Hunters despite economic volatility and tenant fee ban

Listed estate agency business Hunters Property has reported "robust" half-year results despite the impact of economic volatility and the tenant fee ban.
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Property

New retail units eyed for old Maplin site

Plans have been unveiled to construct three new retail units in Birmingham.
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Third attempt revealed to transform warehouse

A third bid to transform a former warehouse adjacent to the Birmingham and Fazeley canal into apartments has been published.
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£12m regeneration earmarked for Coventry site

A £12m regeneration project has been announced to transform an area of Coventry originally built in the 1960s over the next four years.
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Preparatory works start on £55m scheme

Preparatory works have started on phase one of City of Wolverhampton Council’s £55m Westside Link scheme.
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Job-creating property deal completed

Up to 100 new jobs could be attracted to Southam after a major property deal was completed.
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Housebuilder reports record profit for sixth year in a row

Housebuilder Redrow has increased its pre-tax profits to record levels for the sixth year in a row, with revenue passing £2bn.
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Manufacturing

Revenue jumps 62 per cent at packaging firm

Revenue jumped 62 per cent at a global packaging and automation business headquartered in Coventry during the first half of its financial year, according to new accounts.
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Turnover rise eyed by poultry supplier

The parent company of Bilston-headquartered Salisbury Poultry has said it is aiming to increase its turnover further by the end of 2019 following a rise during its latest financial year.
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LEVC appoints new communications director

The Warwickshire-headquartered company famous for its London black taxis has appointed a new communications director.
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Other News

Midlands Top 500 Companies List - 2019 edition available now

Member Exclusive News

Edgbaston secures latest sponsor

Birmingham's Edgbaston Stadium has agreed a new commercial deal with global torch and portable lighting products manufacturer Unilite.
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