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Top story
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Take on the accountants, Grove tells government
David Grove, one of the Midlands’ best-known industrialists, has urged the government not to be afraid of the big accountancy firms. In a pull-no-punches interview to be published in the June issue of Midlands Business Insider, the Grove Industries boss suggests there is a fundamental problem with the tax system.
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Deals
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Charles Stanley stakes claim on JJFS
Jobson James Financial Services (JJFS) has been bought by stockbroker Charles Stanley for £2.25m. The sale price of Birmingham-based JJFS was agreed on the condition of certain targets being achieved, said Charles Stanley this morning.
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Co-op investment drives golf start-up
A golf driving range has launched in Stone, Staffordshire, after two entrepreneurs secured funding from The Co-operative Bank. Stone Driving Range was financed by a £340,000 loan from the bank.
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Jewson invests £7.7m in business
Coventry builders' merchant Jewson Tool Hire has invested £5.5m in 450 JCB machines. Tool Hire - the rental division of Jewson - has also invested in 200 Thwaites mini dumpers in a deal worth an additional £2.2m.
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Property
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BAM wins £45m accommodation deal
BAM Construction Midlands has been awarded a £45m contract to carry out the second phase of Aston University's student accommodation redevelopment.
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Pharmaceutical business sets up in Coventry
The joint venture of two global pharmacy and healthcare companies has chosen to manage its UK operation from Coventry.
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Fall in construction output - ONS
Construction output fell by 4 per cent in the first three months of 2011, the Office for National Statistics has reported. It is the biggest quarter-on-quarter decline since the start of 2009.
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Business
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Turnover up at Wright Hassall
Leamington Spa law firm Wright Hassall said it has experienced a sixth successive year of increased turnover in its 2010 year-end results. The firm said annual turnover rose 9.4 per cent to £13m.
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Business school in global link-up
Nottingham Business School, part of Nottingham Trent University, has signed partnership agreements with three international management schools.
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Casepak and SCA agree Walsall waste contract
Casepak, SCA Recycling and Walsall Metropolitan Borough Council have agreed a five-year waste management contract. It is hoped the joint agreement will help increase the area's recycling rates.
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