Black Country news and blogs Tuesday 26 July 2016
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Industrial group to make £30m cuts to ‘increase momentum’ 

26 Jul

GKN is planning to reduce its fixed costs by £30m in order to "increase momentum going into 2017".

Severn Trent Water fined more than £400,000 for sewage leaks 

25 Jul

WATER company Severn Trent Water Limited has been fined £426,000 after pollution incidents occurred on three occasions.

Region’s first IPO since Brexit unveiled 

25 Jul

THE first West Midlands IPO since the EU referendum has been launched, ahead of a scheduled flotatation in early August.

Top 10 stories: Wolves lead the pack in busy news week 

22 Jul

TEN months after announcing the club was for sale, Steve Morgan has this week ended his nine-year ownership of Wolverhampton Wanderers following the completion of the deal to sell to Chinese giant Fos...

Edwardian treasure set to glisten after investment 

22 Jul

HIDDEN Edwardian treasure Bantock House museum and park prepares to expand after receiving a £318,000 investment from the City of Wolverhampton Council.

Departing Wolves owner “passes the baton on” as he exits Molineux 

21 Jul

THE outgoing owner of Wolverhampton Wanderers Steve Morgan has written an open letter to the club\'s fans after the sale of the Championship football club completed this morning.

Chinese giant buys Championship football club 

21 Jul

CHAMPIONSHIP football club Wolverhampton Wanderers has been bought by Chinese giant Fosun International.

Community spirit in Birmingham is good for business – says Jaguar Land Rover chief 

21 Jul

JLR Head of Community Relations Les Ratcliffe speaks out as firm sponsores Company of the Year category at BPBA 2016...

London Midland boss vows to focus on passengers 

21 Jul

Head of West Midlands franchise operator says company wants to be more passenger friendly as it introduces 'shopping list' of changes in run up to franchise award...

250 jobs to go at manufacturer as JLR contract ends 

20 Jul

INDUSTRIAL group GKN is cutting 40% of its workforce in Telford after failing to fill the gap left by a Jaguar Land Rover (JLR) contract that had come to an end.251 jobs are being lost, which the unio...

How to level up your business with PokemonGo 

19 Jul

It\'s been mentioned more on Twitter than Brexit and this years Euros, has been searched more times on Google than porn and is nearly as popular as Snapchat - Yes, we\'re talking about the latest worl...

Cream of the crop crowned at inaugural business awards 

18 Jul

A HOST of companies were celebrated at the inaugural Nachural Summer Business Ball and Awards dinner at Wolverhampton Racecourse.

£11.7m plans for skills centre on former brewery site take a step forward 

18 Jul

PLANS have been submitted for an £11.7m flagship skills centre which will see the transformation of the historic Springfield Brewery site in Wolverhampton.

Sainsbury’s joint venture to move 120 jobs to Redditch 

18 Jul

A FACILITIES management business is to relocate 18 miles across the West Midlands, moving up to 120 jobs to Redditch.

Motoring: A right racquet over the choice of Best Car 

15 Jul

THE new benchmark for executive motoring has been set this week with the Mercedes E Class being named Best Business Car in the 2016 Telegraph Cars Awards.

Automotive supplier doubles capacity in Eastern Europe with new multi-million-pound factory 

14 Jul

BIRMINGHAM-based automotive supplier, GKN Driveline, is set to begin production at its new 16.5m plant in Eastern Europe.

Soggy summer bogs down Halfords 

14 Jul

CYCLING, leisure and car maintenance retailer, Halfords has seen revenue rise for its latest quarter, despite bad weather impacting footfall at its stores.

Breaking News: Bank of England responds to Brexit turmoil 

14 Jul

THE Bank of England has rejected a move to cut interest rates from 0.5% to 0.25% in an attempt to stimulate the economy following the UKs decision to leave the European Union.

Defender production revival unlikely says JLR 

14 Jul

ATTEMPTS by a leading businessman to revive production of the Land Rover Defender appear unlikely today.

Passenger numbers up 13% at Birmingham Airport 

13 Jul

BIRMINGHAM Airport has seen its sixteenth consecutive month of record passenger numbers, with more than 1.1 million people heading through the terminal last month.

Midland retail giant Poundland taken over by South Africans 

13 Jul

The company which owns UK furniture firm Harveys and Bensons For Beds is taking over the Willenhall-based firm...

Retailer’s board accepts £600m bid from South African giant 

13 Jul

STEINHOFF has made a £597m bid for Poundland, which would result in the retailer going private and becoming part of the South African giant.

£55m shopping scheme cleared to go after Wolverhampton names developers 

13 Jul

A £55m shopping and leisure scheme is set to transform the fortunes of Wolverhampton city centre.

Record H1 for BMW Group as demand continues to increase 

12 Jul

VEHICLE manufacturer BMW has followed Jaguar Land Rover in announcing record first half sales.

Tata Steel starts JV talks with German group Thyssenkrupp 

12 Jul

Continuing saga over sale of beleaguered UK arm goes on as Tata Steel contemplates possible tie up to boost European business...

Famous name commits to city’s future with new lease and 100 jobs 

11 Jul

ONE of Wolverhamptons biggest business names has been revealed as the latest tenant of the citys new i10 building.

College looks to fill 130 apprenticeship vacancies 

11 Jul

A BLACK Country college is trying to find suitable youngsters to fill more than 130 apprenticeship vacancies.

Train operator invests £400,000 to improve passenger safety 

11 Jul

TRAIN operator Chiltern Railways has made a £400,000 investment to improve passenger safety and help deter crime at its stations.

JLR-Effect not confined to the UK 

11 Jul

THE expansion of Jaguar Land Rover is having a beneficial effect for companies in Europe regardless of the UKs vote to leave the EU.

Sajid Javid meets Tata Steel chiefs as sale process put on hold 

8 Jul

Business Secretary in Mumbai as long-running process to offload Tata Steel UK appears to have been halted...

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BJS Distribution expands to meet increased demand 

20 Jul

BJS Distribution, the specialist two-man delivery service which counts the Cotswold Company and designer furniture brand Made amongst its customer base, has expanded to a second site in Wednesbury to support the continued growth of the business...

Jobs boost for Redditch as Arcus FM relocates 

18 Jul

A facilities management and engineering maintenance business is set to bring up to 120 jobs to Redditch.

UK & European Investments acquires Debenhams department store in Stratford-upon-Avon 

13 Jul

UK & European Investments (“UK & European”) has acquired the Debenhams department store in Stratford-upon-Avon for £12.6m, reflecting a sub 6% yield.

Hat trick of lettings fill Wolverhampton’s i10 offices 

13 Jul

The ‘fully let’ sign has been hung at i10, Wolverhampton’s first major speculative office development in the city core for a number years.

George Brittain joins Johnson Fellows 

12 Jul

The Birmingham office of chartered surveyors Johnson Fellows has announced the appointment of senior surveyor George Brittain.

£1m investment and new office for Black Country law firm 

8 Jul

One of the Black Country’s leading independent law firms has reinforced its commitment to its ‘local roots’ with the unveiling of a new corporate identity and a new office.

Contractor confirmed for first Paradise building 

7 Jul

Argent, acting on behalf of Hermes Investment Management, the £24.1 billion manager focused on delivering superior, sustainable, risk adjusted returns to its clients – responsibly, and Canada Pension Plan Investment Board (CPPIB), a professional...

Pennycuick Collins announces new partner 

6 Jul

Birmingham-based chartered surveyors Pennycuick Collins has announced the promotion of one of its long-standing employees to the position of partner.

Half Year Results: St. Modwen delivers strong underlying profits 

5 Jul

Stephen Prosser, Midlands regional director for St.

St. Modwen starts on site at Nunnery Park, Worcester 

1 Jul

Construction has started on St.

National brand snaps up space at St. Modwen’s Centurion Park scheme 

1 Jul

National furniture brand, DFS, has signed up to 53,000 sq ft of space at St.

Wolverhampton firm helps deliver Mander Centre demolition project 

1 Jul

A local firm is playing a key role in one of Wolverhampton’s most iconic demolition projects, which is set to breathe new life into the Mander Shopping Centre.

Planning consent granted for new Costa Coffee drive thru, Wolverhampton Gateway 

22 Jun

Leading commercial developer, Trebor Developments, working in conjunction with land owner ASK Developments Limited, have secured planning consent for the next phase of the prestigious Wolverhampton Gateway site, to deliver a Costa Coffee drive...

£20m Pantheon Park site ready for construction 

21 Jun

The site of a £20 million West Midlands warehouse and manufacturing development is now ready for construction to begin, following an extensive programme of remediation and demolition and the securing of detailed planning permission.

Pennycuick Collins builds its consultancy team 

21 Jun

Birmingham-based chartered surveyors Pennycuick Collins has announced further growth of its building consultancy team and a number of staff changes.

Birmingham motor dealerships change hands in record deal 

13 Jun

Knight Frank Investment Management (KFIM) has acquired the freehold of three prime car dealerships in Birmingham for its Long Income Property Unit Trust (LIPUT) fund.

BDO Midlands promotes Tim Foster to partner 

8 Jun

Accountancy and business advisory firm, BDO LLP, has announced the promotion of nine new partners across the UK, including Tim Foster, who heads up the firm’s Risk and Advisory Services (RAS) team in the Midlands.

Vail Williams helps West Midlands Travel overcome challenging situation by securing excellent new home 

7 Jun

A deal brokered by commercial property specialist Vail Williams will see National Express subsidiary West Midlands Travel open its doors at Birmingham’s landmark Temple Point building, following popular clothing retailer taking occupancy at...

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