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Wednesday 15 June 2011

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Insider News - Midlands Edition
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Victoria sweeps up £70m sales

International carpet manufacturer Victoria has "firm plans" to become the leading supplier in both the UK and Australia, the company said as it revealed a leap in sales in its year-end results this morning. The Kidderminster-headquartered business, which supplied a carpet range to Westminster Abbey for the Royal Wedding, said pre-tax profit shot up 76.8 per cent to £1.9m.   READ MORE...

 
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Understanding culture and law

Image Description HereWhen selling a business overseas you must overcome any cultural or legal hurdles that stand in your way, explains Insider chairman Chris Oakley CBE.

 
Deals

Staffs wind turbines planned with £10m investment

Wind Prospect Group has launched a corporate retail bond onto the UK market with the aim of raising £10m. The cash will be used to build the West Midlands' first commercial wind turbines.   Read More...

Turnaround investors splash £1bn, says KPMG

A group of turnaround investors has invested nearly £1bn in distressed companies in the UK in the last 12 months, according to research by KPMG.   Read More...

Fahy expects more AIM listings

There is a healthy market of smaller and growing companies that is looking to access equity capital through an AIM flotation, according to the London Stock Exchange's Mark Fahy. He told Insider the market's anticipated resurgence was starting to come to fruition.   Read More...

 
Property

St. Modwen powers up with £20m Siemens deal

Birmingham regeneration specialist St. Modwen has signed a £20m deal with engineering giant Siemens to build a 135,000 sq ft gas turbine facility in Lincoln.   Read More...

Supply running out in Birmingham, says DTZ

Birmingham’s property market is facing a supply bottleneck, according to research by property consultancy DTZ.   Read More...

Marches LEP seeks Herefordshire EZ

The Marches LEP has put forward a bid to create an enterprise zone in Herefordshire which could create more than 6,500 jobs.   Read More...

 
Business

Chamber reveals conference line-up

Lord Digby Jones has been booked as one of the keynote speakers at the Coventry and Warwickshire Chamber of Commerce's annual conference.   Read More...

Legal changes will lead to contracted market, says society chief

Changes resulting from the Legal Services Act could mean the departure of many firms from the market. That's the view of Des Hudson, chief executive of the Law Society, who said he expected to see "institutional entry" into the market from bodies such as the Co-operative Group.   Read More...

Aldridge company bolsters turnover

IT services business Netshield said it is on course to begin a recruitment drive as it revealed a projected 25 per cent boost in turbnover for the last 12 months.   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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