Birmingham Post - Business News - Latest Business News

Connaught Square plan for Birmingham Irish Quarter bites the dust

Birmingham Post — Thu, 16 Feb 2012 07:07:00 GMT

The final nail has been driven into the coffin of £150 million plans to regenerate Birmingham’s Irish Quarter, it has been revealed.

Hampson Industries shares plummet after firm is put up for sale

Birmingham Post — Thu, 16 Feb 2012 07:04:00 GMT

Plans revealed on Valentine’s Day to sell engineering firm Hampson Industries got off to a less than romantic start when its share price plunged.

Handelsbanken reveals 31% rise in lending to UK customers

Birmingham Post — Thu, 16 Feb 2012 06:53:00 GMT

The loyalty of local customers has been credited with driving growth at a Swedish bank which has branches in Birmingham and Solihull.

Stationery manufacturer Helix sold to French giant Maped

Birmingham Post — Wed, 15 Feb 2012 16:05:14 GMT

Administrators of Stourbridge-based stationery company Helix have sold the business as a going concern to French giant Maped SA for an undisclosed sum.

G4S awarded security contract at Edgbaston cricket ground

Birmingham Post — Wed, 15 Feb 2012 13:55:00 GMT

Security firm G4S Events has signed a five-year contract with Edgbaston Stadium, home of Warwickshire County Cricket Club (WCCC).

Unemployment soars again in West Midlands

Birmingham Post — Wed, 15 Feb 2012 09:45:00 GMT

Unemployment has risen once more in the West Midlands as the rate crept up to 9.3 per cent in the last quarter of 2011.

Former GKN site in Aldridge is sold

Birmingham Post — Wed, 15 Feb 2012 06:45:00 GMT

A former automotive manufacturing site in the West Midlands has been sold.

Jaguar Land Rover posts £559m profit in single quarter

Birmingham Post — Tue, 14 Feb 2012 17:00:00 GMT

Soaring demand from growing Asian economies has helped car giant Jaguar Land Rover to post pre-tax profits of £559 million in just three months.

Lufthansa report record passenger numbers from Birmingham

Birmingham Post — Tue, 14 Feb 2012 15:10:14 GMT

German flag carrier Lufthansa took record numbers of passengers to and from Birmingham Airport last year.

Jobs still at risk as potential Peacocks buyers end interest

Birmingham Post — Tue, 14 Feb 2012 13:00:00 GMT

Thousands of employees at collapsed retailer Peacocks are facing further uncertainty after it was reported that only one company remains in the race to salvage the firm.

Inflation plunges to 14-month low of 3.6%

Birmingham Post — Tue, 14 Feb 2012 12:05:00 GMT

The rate of inflation fell to a 14-month low last month and is expected to hit the Government's 2% target by the end of the year in a further sign that the crippling consumer spending squeeze is loosening its grip.

Troubled Hampson Industries puts itself up for sale

Birmingham Post — Tue, 14 Feb 2012 10:45:00 GMT

One of the few remaining listed companies headquartered in the West Midlands has put itself up for sale.

Inflation rate lowest for 14 months

Birmingham Post — Tue, 14 Feb 2012 10:24:00 GMT

Midland business leaders have welcomed the biggest fall in inflation for 14 months.

House prices edge up in January as first time buyers increase

Birmingham Post — Tue, 14 Feb 2012 09:50:13 GMT

House sales in the West Midlands edged up during January as an increased number of first time buyers looked to beat the stamp duty holiday, according to the Royal Institute of Chartered Surveyors .

All 26 staff at Birmingham charity BXL laid off by administrators

Birmingham Post — Tue, 14 Feb 2012 07:25:00 GMT

A long-running Birmingham charity helping 20,000 young people a year which collapsed following Government spending cuts faces closure after failing to find a buyer.

RIBA West Midlands hosts film night tribute to John Madin

Birmingham Post — Tue, 14 Feb 2012 07:10:00 GMT

The Birmingham & Midland Institute will be the venue for a special screening of two films as part of a tribute to Birmingham architect John Madin.

Lenders ready to invest in real estate despite uncertainties, claims report

Birmingham Post — Tue, 14 Feb 2012 05:25:00 GMT

The Eurozone crisis has left the real estate industry in limbo but lenders in the Midlands say they are ready to invest, according to a new report.

Two new partners for Eversheds pensions practice

Birmingham Post — Tue, 14 Feb 2012 03:20:00 GMT

The Birmingham office of law firm Eversheds has expanded its pensions practice with the appointment of two new partners.

'Double dip' recession expected as turnover hopes fall

Birmingham Post — Mon, 13 Feb 2012 07:30:00 GMT

The UK economy is likely to be declared in recession, according to professional services firm BDO, after a survey of companies’ turnover hopes fell for the eight month in a row.

Week ahead: Chocolate, pizzas and fighter planes in spotlight in busy week of results

Birmingham Post — Mon, 13 Feb 2012 07:04:00 GMT

The plight of struggling firms Cable & Wireless Worldwide and Thorntons will be in the spotlight this week during another busy few days for results.