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Top story
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West Mids pub decline slowing, says KPMG
The West Midlands' pub industry is entering a definite period of recovery, according to an industry expert. Greg Watts, audit partner at KPMG in the Midlands, told Insider that the industry is "turning a corner" and both managed and leased divisions are set to benefit from the warm weather. His comments come as Wolverhampton pubco Marston's revealed pre-tax profits had increased 5 per cent to £29.2m in its half-year results this morning.
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insiderbusiness.tv latest video
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Delivering top quality performance
 Jeremy Gidlow, managing director of Intechnica, explains the importance of delivering high-quality performance from your retail e-commerce channels in today's tech-savvy marketplace.
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Deals
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Hill & Smith in £9.8m Swedish buy
Solihull engineer Hill & Smith has acquired road signage distributor ATA for £9.8m. The purchase of the Swedish company comes just a week after Hill & Smith secured a £210m funding package from five banks.
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Chase Commercial catches £4.1m investment
Stratford-upon-Avon-based Chase Commercial has secured £4.1m of refinancing from Yorkshire Bank’s Coventry financial solutions centre. The commercial property developer said the investment would be poured into its retail and leisure development on Birmingham Road.
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Book your place at Dealmakers
Insider is now taking table bookings for the Midlands Dealmakers Awards 2011, to be held at The Hilton Birmingham Metropole Hotel on Thursday 22 September.
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Property
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Sainsbury's to bring 400 jobs to Longbridge
Birmingham developer St. Modwen has completed a deal with Sainsbury’s to construct an 85,000 sq ft store. The store, which will create about 400 jobs, will become the anchor tenant at the developer's £1bn Longbridge regeneration site.
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TV hairdresser cuts Cube deal
Celebrity hairdresser Adee Phelan is set to launch a salon in Birmingham's multimillion-pound Cube development. The star of Channel 4's The Salon has taken a lease on a 5,000 sq ft ground floor unit.
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Business
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Dairy Crest axes 90 Midlands jobs
Dairy Crest has announced plans to close a site in Shropshire, with the loss of 90 jobs. Production of its Clover dairy spread will move to its Merseyside plant.
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Manufacturers get set to question investors
More than 100 manufacturers will have the chance to quiz some of the region's financiers later this month.
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Unemployment drops in West Mids
The West Midlands is no longer the UK's unemployment capital, according to the latest figures from the Office for National Statistics (ONS). Business leaders have described a 1 per cent increase in employment levels as "better than expected".
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Eurofilms expands with German order
Shropshire-based manufacturer Eurofilms has won a contract with a German distributor worth £40,000.
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Insider Membership – Communicate with Midlands Top Companies
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