Tag: West Midlands



West Midlands Achieves Record Inward Investment

West Midlands achieves record inward investment
Posted on 24 May, 2016 by Chris Grigorovsky under Business News, Economy

Throughout 2015, for the second year in a row, inward investment into the West Midlands stayed consistently sharp. Last year, the region had 92 foreign direct investment (FDI) projects, which is up by 46% on 2014’s amount of 63. The projects... Read More

Knight Frank Helps Drive Successful Mercedes Dealership Takeover

Knight Frank helps drive successful mercedes dealership
Posted on 23 May, 2016 by Chris Grigorovsky under Business News, Commercial Sales and Lets

The world’s biggest Mercedes retailer has successfully acquired nine Mercedes-Benz dealerships, including four in the West Midlands. Advised by the Birmingham office of Knight Frank, the deal sees Hong Kong-based Lei Shing Hong, which represents the... Read More

West Midlands One of Biggest Sufferers of Empty Shops

Vast increase of short term outlet vacancy rates in UK
Posted on 18 May, 2016 by Chris Grigorovsky under Business News, Economy

New figures from the Local Data Company (LDC) have found that the West Midlands is still one of the worst affected regions in England for empty shops. The region currently has three towns in the top 10 list of areas with the highest percentage of... Read More

National Living Wage May Put Small Businesses Under Pressure

Small improvement on UK economic growth 2016
Posted on 4 April, 2016 by Chris Grigorovsky under Business News, Economy

Last week, National Living Wage (NLW) was implemented as a legal requirement and the Federation of Small Businesses (FSB) is urging small businesses to act now to avoid hefty penalties. As of now, if an employee is aged 25 and over, the compulsory... Read More

Midlands’ Retail Sector Sees Landmark Year

Midlands Retail Sector Sees Landmark Year
Posted on 3 March, 2016 by Chris Grigorovsky under Business News, Economy, Industry News

According to sector analysts, West Midlands consumers are starting to return to in-store shopping as their purchasing habits evolve. Meeting in Birmingham, representatives from BDO, Lambert Smith Hampton and the Mailbox, discuss retail sector trends... Read More

Jaguar Land Rover investment signals confidence in West Midlands

Posted on 28 March, 2015 by Kirsten Kennedy under Business News

Investment into the UK automotive industry has been gradually climbing since the end of the financial crisis, with firms including Bentley and Vauxhall having channelled increasing amounts of money into improving their nationwide facilities. This week, Jaguar... Read More

Grand Central Birmingham launches Recruitment Process

Posted on 21 February, 2015 by Kirsten Kennedy under Business News

The eagerly anticipated opening of Grand Central Birmingham is fast approaching, with the retail and leisure complex on schedule to open in September as part of the £600 million New Street Gateway development. Now that the final stage of construction... Read More

GBR Phoenix Beard Secures Property Management Contract For Calthorpe Estates

Posted on 10 February, 2015 by Cliff Goodwin under Business News

A West Midlands' property consultancy has won the contract to manage and oversea several urban transformation projects on an historic 1,500-acre estate. GBR Phoenix Beard — an independent agency with offices in Birmingham, London and Leeds — has now... Read More

Business Confidence remains High in the West Midlands

Posted on by Kirsten Kennedy under Business News

The upcoming General Election has cast some uncertainty over the business outlook in many areas of the country, as many companies are concerned about the repercussions of policy changes during the aftermath. However, according to the latest Business Trends... Read More

High-Tech Refurb key to lettings rush at Monkspath Business Park

Posted on 16 January, 2015 by Cliff Goodwin under Top Properties

A high-tech refurbishment that included the installation of fibre optic broadband has prompted a rush of lettings at a West Midlands industrial park. Of 11 vacant units on Solihull’s Monkspath Business Park, ten — totalling more than 116,520 sq ft of... Read More