Punch suffers £359m losses blow after demerger

Impairment costs following the demerger of its Spirit arm have led to Burton-upon-Trent pubco Punch Taverns reporting a full-year pre-tax loss of £358.8m this morning. The Spirit Pub Company also unveiled a larger loss after non-underlying items of £150m.   READ MORE...

Memorial to get £3m investment

Lichfield's National Memorial Arboretum is to get a £3m funding boost from Staffordshire County Council.   Read More...

Clearwater brings in new dealmaker

Clearwater Corporate Finance has appointed a new deal manager to its Birmingham office.   Read More...

Birmingham hotel revenue drops despite more guests

The average revenue per room in Birmingham hotels fell slightly year-on-year in July despite an increase in uptake, according to new figures.   Read More...

Whitby to help Kraft Chicago links

The leader of Birmingham Council is set to meet with senior management at Kraft Foods as part of a delegation visit to Chicago.   Read More...

Mids loses 24,000 public sector posts

Up to 24,000 public sector jobs have been cut across the Midlands over the last year. That's according to new research unveiled on the anniversary of the government's 2010 Spending Review.   Read More...

Mids manufacturer "outraged" as £2m deal goes overseas

A Newcastle-under-Lyme manufacturer has spoken of its "shock" after Birmingham City Council handed a £2m contract to an overseas business rather than a local company.   Read More...

Begbies kick-starts Motor Books

The Stoke office of insolvency firm Begbies Traynor has arranged a company voluntary arrangement (CVA) for an independent bookstore.   Read More...

Brampton makes Cheshire move

Newcastle-under-Lyme recruitment business Brampton is targeting £1m turnover after opening an office in Cheshire.   Read More...

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