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Top story
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West Mids businesses to be "ambitious" with Indian trade
Representatives from almost 100 Indian businesses travelled up to Birmingham to attend the UK-India trade conference. Nalin Surie, High Commissioner of India to the UK, is in Birmingham for the event. He told Insider that Indian manufacturers were "eager" for expansion and technological upgradation, and said that an agreement had been made between the two countries “to be ambitious in seeking to substantially increase trade and significantly increase investment".
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Deals
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Resource flies high with BAE buy
Worcester-based Resource Group has bought Cwmbran Training College from BAE Systems. Aerospace support service Resource said the move was “a natural acquisition”.
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Baker Tilly advises Staffline takeover
The Birmingham office of Baker Tilly has advised on the takeover of a Cambridgeshire recruitment agency. Nottingham-based recruitment company Staffline bought Qubic in a deal produced by Baker Tilly.
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University launches investment scheme
Wolverhampton businesses are being offered support worth up to £5,000 through a new scheme delivered by the city’s university. The Business Solutions Voucher Scheme aims to support the economic regeneration of the region by encouraging innovation in local businesses.
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Property
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Trident expands as international trade beckons
A Warwickshire-based hydraulics company, which was launched seven years ago in a spare room, has moved into new premises on Northfield Road. Trident Hydrolics and Electronics has relocated to a 3,000 sq ft unit as it prepares to forge trading links with China.
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Property market's stability is encouraging, says Lloyds
Property professionals in the Midlands are expecting to see the region’s real estate market plateau during the remainder of the year. That’s according to the Lloyds Banking Group’s commercial property confidence monitor, which suggested recent significant rises in activity could signify a more stable short term future.
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Business
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Steve Morgan praises "inspirational" entrepreneurs
Business philanthropist Steve Morgan hailed this year's "inspirational" entrepreneurs as £110,000 in prizes were handed out at the 2010 Morgan Foundation Entrepreneur Awards. The awards recognised business brains from the North West, Liverpool, West Midlands and Wales.
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Midlands law firms bid for Quality status
QualitySolicitors has received “hundreds” of applications from independent law firms across the country, bidding to operate under the legal brand's banner. That’s what the organisation’s chief executive Craig Holt told Insider, as the legal services market prepares to be deregulated under the so-called Tesco law’.
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Region's businesses most stable in the UK, says report
Businesses in the West Midlands have experienced the most consistent level of performance in the UK over the last 12 months. According to the Bibby Financial Services’ Business Factors Index, just 17 per cent of the region’s businesses said they experienced a drop in trading conditions over the past year.
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Birmingham prepares for global entrepreneur event
Hundreds of entrepreneurs from across the region will descend on Birmingham next week as the city prepares to host Global Entrepreneurship Week. The event will be launched by West Midlands-based Michelin-starred chef, Glyn Purnell.
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West Mids businesses scoop family awards
Redditch-based Oakland International and Birmingham’s Perfection Foods scooped top honours in the first ever Midlands Family Business Awards.
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