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Top story
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AWM axe 'will not compromise' Edgbaston development
Warwickshire County Cricket Club’s major refurbishment at Edgbaston will not be compromised by the £1m axed from its investment, Insider has learnt. Regional development agency Advantage West Midlands (AWM) has made the cut as part of £37m of savings demanded by the coalition government. Colin Povey, chief executive of the Warwickshire club, said it “already has a number of initiatives in train” to ensure overall funding is not compromised.
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Deals
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Acquisition trail cleared for Cooper Safety
Security systems manufacturer Cooper Safety, based in Leamington Spa, seems to have a clear path to the acquisition of Mount Engineering, after Yorkshire's Redhall announced it would not be increasing its purchasing offer.
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US investor makes move on Synchro
Synchro, the Coventry-based creator of construction simulation software, has secured an investment of $500,000 (about £314,765) from a New York based private investor.
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Spending review fears to halt deal activity, says PwC
The traditional flurry of end-of-year deal completions may be bumped into the New Year, according to deal market experts at PricewaterhouseCoopers (PwC). The early months of 2011 could instead be hit by a wave of completed deals, due to the uncertainty surrounding the government’s forthcoming spending review.
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Property
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£9m Bromsgrove build gets green light
Regeneration partnership PxP West Midlands has received planning permission for a £9m speculative development at Bromsgrove Technology Park in Worcestershire. The site will comprise up to 98,000 sq ft of industrial units.
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Business
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JLR makes quality appointment
Dr Peter Mertens has joined Jaguar Land Rover as director in the quality and automotive safety office. He will assume global responsibility for the Birmingham-based car giant's quality and safety performance across all models.
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West Mids ICT companies on red alert for €780m funding
West Midlands ICT companies have been alerted to a new €780m funding pot from the EU. The funding was unveiled at the ICT 2010-Digitally Driven conference.
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Five West Midlands LEPs make 'success list'
The government has distanced itself from a list of 22 bids reported to have been successful in their quests to become Local Enterprise Partnerships. The list, which emerged on a website, includes bids from Greater Birmingham, The Marches Enterprise Partnership, The Black Country, Coventry and Warwickshire and districts, and Worcestershire and districts.
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Community
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Talking Point: Financial clout
The time of the FD has come, says David White, partner at accountancy firm Grant Thornton in Birmingham. But what does an excellent FD need in this changing business landscape?
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In focus: Ready to go
The Conservative Party circus has been in town, but is it a distraction or could it lead to greater things for the city? Andy Coyne casts an eye over Birmingham's future post-party.
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Advice
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