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Top story
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Cannock needs enterprise zone - chamber
Proposals have been submitted to the Greater Birmingham LEP for the creation of an enterprise zone in Cannock Chase, the president of the Cannock Chase Chamber of Commerce has told Insider. Fred Pritchard said he would like the region’s enterprise zone – which was announced by Chancellor George Osborne last week – to be set up “not solely for Birmingham and Solihull’s benefit, but as a fair representation of the region”.
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Deals
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Travel Management Group snaps up neighbour
The corporate travel arm of Stratford-upon-Avon-based Complete World Travel has been rescued after the company entered administration. Travel Management Group, based in Leamington Spa, bought the division in a bid to develop the UK corporate travel side of its business.
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R&D grant scheme to launch
A new 'Grant for Research and Development' (GRD) scheme is being introduced to offer funding to small companies. The programme, which comes into effect from Monday (4 April 2011) will be managed by the Technology Strategy Board.
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Funding for high growth probe
Aston Business School has won funding to carry out research into high growth businesses. The funding has come from the National Endowment for Science, Technology and the Arts.
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Property
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Waitrose snaps up two West Mids stores
Supermarket giant Waitrose has snapped up two properties in the West Midlands. Waitrose will take on units in Sutton Coldfield and Shrewsbury in deals completed by property agent King Sturge.
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Evida sets up in Coventry
A US-based battery pack designer has set up its UK headquarters in Coventry. Evida has moved into the Coventry University Technology Park after securing a $250m (£156m) automobile deal.
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Business
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Jewellers owed creditors £2m
High street chains HPJ the Jewellers and Jewel Nation, based in Stoke-on-Trent, owed unsecured creditors more than £2m when their holding company was placed into administration, a new report has revealed.
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IoD backs call for airport action
The West Midlands chairman of the Institute of Directors has backed a call by top business leaders for the government to draw up an aviation policy to boost economic growth.
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New chair at MCD
Birmingham-based property specialist MCD has appointed a former Treasury minister as its vice-chairman.
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