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Tuesday 24 May 2011

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Insider News - Midlands Edition
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Chamberlin back to full year growth

Manufacturer Chamberlin has returned to health this morning with full year profitability. The Walsall-based company said revenues soared 40 per cent to £39.8m, allowing it to return to the black for the year ending 31 March 2011.   READ MORE...

 
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Find out what Simon Glanville, managing director of Store, believes are the future developments that will shape the delivery of your retail e-commerce strategy.

 

 
Deals

Banks launch £50m eco fund

Banking giants NatWest and RBS have unveiled plans to create a £50m renewable energy fund. The cash will be available for businesses looking to install wind turbines and solar panels to enhance their green credentials.   Read More...

Catapult invests £1m in Lumora

Birmingham-based Catapult Venture Managers has led a £1.5m funding round into molecular diagnostic company Lumora.   Read More...

Network Group expands with PPR

Network Group Holdings, based in Solihull, has completed its fourth acquisition of the month with the £80,000 buy of Warwick-headquartered Procurement People Recruitment (PPR).   Read More...

Banks need to stimulate Merlin lending, says chamber

West Midlands business leaders are urging action from the banks after it was revealed Project Merlin was on course to miss its lending targets.   Read More...

RGF panel comes to Dudley

The deputy chair of the Regional Growth Fund (RGF) advisory panel has paid a visit to Dudley to promote the second round of funding.   Read More...

 
Property

Jobs boom for Marches with tri-site zone plans

More than 18,500 jobs could be created in the West Midlands if a multi-site enterprise zone bid from The Marches LEP is successful.   Read More...

 
Business

Sales heat up at HomeServe

Revenue has grown 27 per cent at Walsall-based HomeServe. The home repairs company said sales had hit £467.1m for the year ending 31 March 2011.   Read More...

Concerns remain for Cadbury, say MPs

American food giant Kraft has been slammed by MPs who say they have "significant concerns" for Birmingham-based Cadbury more than a year on from its multimillion-pound takeover.   Read More...

Report calls for local authority finance reform

An independent report, commissioned by Manchester, Birmingham and Westminster city councils, has called on the government to introduce a new system of local authority finance that would allow councils to retain a greater share of business rates and give them a "genuine incentive" to drive growth.   Read More...

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In Focus: A tale of two cities

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