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Friday 05 August 2011

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Insider News - Midlands Edition
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Top story

Mortgage growth boosts Coventry

Success in the mortgage market has led to record profits and increased turnover at Coventry Building Society. In the first half of 2011 its net mortgage lending was £846m – which it said is 25 per cent of the UK's total mortgage lending.   READ MORE...

 
Deals

BE Wedge Holdings in German expansion

Willenhall-headquartered manufacturer BE Wedge Holdings has secured £11.5m of funding from Lloyds Bank Corporate Markets to grow its stake in German business Siegener Verzinkerei.   Read More...

Cadbury caught up in Kraft demerger

Cadbury owner Kraft has announced plans to demerge into two independent businesses.   Read More...

Clarke Willmott sells investment management team

Clarke Willmott has sold its wealth management group to Brooks Macdonald Asset Management – a subsidiary of Brooks Macdonald Group – for up to £6m.   Read More...

Atchison Topeka bought by Bibby

Droitwich-headquartered Atchison Topeka has been bought by Liverpool-based Bibby Distribution for an undisclosed sum.   Read More...

Lloyds 'on track' to meet lending targets

Lloyds Banking Group has revealed it is on track to deliver its full year contribution to the Project Merlin lending agreement and said it has already lent £6.7bn to small businesses.   Read More...

 
Property

EIC in £2m Olympic success

Alcester-based EIC has won a £2m contract for the revamp of Olympic sporting facilities in Birmingham.   Read More...

55 Colmore Row set for revamp

Plans have been submitted to revamp 55 Colmore Row to make it the "premier business address in Birmingham city centre".   Read More...

Lovell picks up Derwent contract

Derwent Living has awarded a one-year maintenance and repair service contract to Tamworth-headquartered Lovell Partnerships.   Read More...

 
Business

West Mids welcomes unchanged rate

West Midlands business leaders have welcomed the Bank of England's decision to leave interest rates unchanged.   Read More...

Squire Sanders looks to strengthen in Asia Pacific

Law firm Squire, Sanders & Dempsey has revealed it is on the verge of opening in Australia as it finalises talks with partners from Minter Ellison Perth.   Read More...

Something for the weekend

This week... Now is then, Feeling horse and Digital distractions.   Read More...

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Other News

Hodson departs from London Midland

Construction industry bosses charged

 

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Talking Point: What's in a name?

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Jonathan Moore of Shortland Penn + Moore discusses the impact a change of branding can have on a company emerging from the downturn.

  Ask the Expert: Selling to private equity

Ask the Expert: Selling to private equity
Simon Chapman, partner at Burgis & Bullock Corporate Finance, explains how to make your business attractive to private equity investors.

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