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Construction giant Morgan Sindall has reported a 9 per cent drop in pre-tax profit for the first six months of 2011 this year (8 August 2011) as "market conditions remain challenging". Yet the group, with major operations across the Midlands, has recorded an 11 per cent boost in revenue to £1.087bn. READ MORE...
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| Deals |
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Midlands Business Insider assistant editor Sam Metcalf has chosen a £15m IT business acquisition as the West Midlands' latest deal of the month. Read More...
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Leamington Spa-headquartered Umeco has said its German subsidiary Umeco Composites has bought a company for €2.2m (£1.9m). Read More...
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Kidderminster carpet manufacturer Brintons Carpets is set to be snapped up by an American private equity group, according to a report. Read More...
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Burton-on-Trent-headquartered piling and foundation business Roger Bullivant has been sold to the French parent company of rival Bachy Soletanche (Bachy). Read More...
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| Business |
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Underlying pre-tax profit has dropped by almost 25 per cent at Solihull-based manufacturer Hill & Smith, it was revealed this morning. Read More...
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The West Midlands is still experiencing "continuing growth in the region's private sector", a survey has found. However, the number of new orders has been growing at its lowest rate since August 2009. Read More...
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Business secretary Vince Cable has presented a petition in the High Court to wind up Leamington Spa recruitment specialist Rightstepinternetrecruitment Limited in the public interest, the Insolvency Service has said. Read More...
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Our Insider Membership Club offers fantastic benefits for anyone doing business in the UK regions. Valuable sales leads, vital information, networking opportunities, competitor analysis and much more. Request your free Membership pack now. Read More...
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| Property |
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Stafford College has awarded BAM Construct UK the main construction contract on its £13m project to rebuild fire-ravaged properties. Read More...
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Commercial property confidence in the Midlands is "slowly starting to pick up", according to research by Lloyds Bank Corporate Markets. Read More...
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