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The impact of Hurricane Irene cost National Grid £69m, the company said this morning. National Grid, which has major operations in Solihull and Warwick, said pre-tax profit for the last six months slipped 3 per cent to £941m. READ MORE...
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| Deals |
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Birmingham law firm Cobbetts has secured a £11.5m funding package with Lloyds Bank Corporate Markets and posted a rise in first-half fee income. Read More...
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The business development loan arm of Michelin Tyres has signed a renewed 12-month contract with North Staffordshire Chamber of Commerce and Industry (NSCCI). Read More...
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Recruitment giant Pertemps, based in Meriden, has snapped up a Bristol-headquartered rival. Read More...
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A Warwickshire care home has completed an expansion plan after securing £220,000 in funding from Barclays Corporate. Read More...
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| Property |
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Advanced engineering and research site MIRA has been given the go-ahead for its £300m redevelopment plans. The company, which has been granted enterprise zone status and a £19.4m slice of Regional Growth Fund investment – is set to create 2,000 jobs on the 850-acre site in Hinckley. Read More...
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Fashion retailer Store Twenty One has unveiled plans to open up 20 new stores over the next year. The company said the plans to expand came after it moved to Solihull's Blythe Valley Park. Read More...
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| Business |
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First-half revenues have climbed beyond the £100m mark at shower and tile maker Norcros, leading the company's board to propose an increased interim dividend. Read More...
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Midlands commercial finance specialist David Totney is set to launch Positive Cashflow Finance's Birmingham office. Read More...
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The government needs to encourage businesses to take on apprentices, according to the Birmingham Chamber of Commerce Group (BCCG). The call comes as it was revealed unemployment in the West Midlands grew by 10,000 over the past three months. Read More...
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