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West Midlands businesses JCB, Ceram Research and Moorland and City Railways (MCR) have revealed to Insider plans for their Regional Growth Fund (RGF) windfalls. However, the cash boosts – three of 20 across the West Midlands – came with a warning from Birmingham Chamber of Commerce Group, which urged businesses "not to lose sight of the bigger action needed" from government. READ MORE...
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| Deals |
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Management has bought out a subsidiary of Leamington Spa-based Wolseley UK after securing a £35m finance line from Lloyds TSB Commercial Finance. Read More...
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The operator of Birmingham prison has halted its £5.2bn acquisition of Danish company ISS, it announced this morning. Read More...
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Corporate recovery business MCR, which has an office in Birmingham, has been bought by New York-based Duff & Phelps. Read More...
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| Property |
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A residential planning application which received more than 150 objections is being recommended for approval by Birmingham City Council planning officers. Read More...
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Dry cleaning company Johnson Cleaners has invested a six-figure sum in its first drive-thru service in Burton-on-Trent. Read More...
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| Business |
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A reduction in the amount of public sector advisory work has been linked to a revenue drop at Grant Thornton. Read More...
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The Wolverhampton-based former president of the Association of Taxation Technicians has been charged alongside three others with stealing £5m through tax fraud, HMRC has said. Read More...
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More than £450m was wiped from Walsall-based Homeserve's value after it suspended telesales activity following an independent inquiry. Read More...
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Birmingham transport company National Express said it has invested £125m in fleet replacement and organic growth over the last nine months. Read More...
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