Business News

A new study from Retirement Villages Group (“RVG”) today reveals that the total value of unpaid services provided by retirees in the West Midlands annually is £3bn and a staggering £48bn across the UK every year 1 - the equivalent of 2% of 2021 UK GDP.  The findings highlight the critical but often overlooked role people aged over 65 have in our society and economy.   

Birmingham and West Midlands businesses are set for a welcome boost in tourism and trade ahead of the Birmingham 2022 Commonwealth Games this summer.

With more than one million tickets already sold for Birmingham 2022, spectators from across the region, country and beyond will be heading to the West Midlands, which will be a hive of activity.

Christian Fox, a barrister at Becket Chambers: "The criminal justice system is like a defibrillator in an old phone box: no one really cares about it until your life depends on it, then suddenly it is the most important thing on earth and you hope to heck it works. The problem is, the criminal justice system doesn't work, in fact access to justice in this country no longer works full stop.

City of Wolverhampton Council’s multi-million-pound programme to replace its out-dated housing stock with better homes for residents is set to get underway in the coming months. The Council confirmed in its Housing Revenue Account report in January that an Asset Management Strategy is being developed for the regeneration of its 4,100 homes built by old, non-traditional construction methods.

The UK is currently experiencing its biggest cost-of-living crunch in decades as UK inflation soars, but a mere 5% of employees believe their employer is doing enough to support them through the crisis. Couple this with the struggle to retain staff due to the Great Resignation and the pressure on employers to keep talent is high. 

The Chancellor's response to ONS public sector finances statistics for May 2022 is below. 

Chancellor of the Exchequer, Rishi Sunak said: “Rising inflation and increasing debt interest costs pose a challenge for the public finances, as they do for family budgets.

10 site managers who work for David Wilson Homes East Midlands, based in Coalville, have all secured top national awards for the quality of build at new housing developments across the region.

Five of the winning site managers oversee the delivery of new homes in Leicestershire, and have each received a top industry Pride in the Job Quality Award from the National House Building Council (NHBC).

Heathrow airport faces a summer of strikes after hundreds of BA workers voted for industrial action. 

A total of 95 per cent of those who voted said they were prepared to strike, on a turnout of more than 80 per cent. Industrial action dates will be confirmed in the coming days but are likely to be during the peak summer holiday period.  

TalkTalk has launched its new Future Fibre Fund in Birmingham, as it looks to support local community groups with a donation to help them succeed. As the UK’s only large-scale value provider of connectivity, TalkTalk is passionate about helping people connect affordably to all the possibilities the outside world offers, as it rolls out Future Fibre - the UK’s fastest and most reliable full fibre technology.

With the Bank of England having just announced a fifth consecutive interest rate hike, I have a comment below from my client, the co-founder of ZIPZERO, about the need for businesses to react. Namely, he is calling on David Buttress, the Government’s new ‘cost-of-living tsar’, to work with energy providers and retailers to double down on the support provided to customers right now, rather than leaving it up consumers to manage the challenging economic climate alone:

The StartUp Awards National Series debuted this year to highlight the dynamic startup scene across the country that skyrocketed during the pandemic, and has been rolled out in nine UK nations and regions, supported nationally by BT, Clearco, Moblox, Fearless Adventures and with regional support from Moja Group.

Millions of people will be protected through strengthening regulation of interest-free Buy-Now Pay-Later credit agreements, under plans announced by the government today (20th June).

Buy-Now Pay-Later credit agreements can be a helpful way to manage your finances, allowing people to spread the full cost of a purchase over time.

With limited spaces remaining for Logistics UK’s Fleet Engineer Conference 2022, the business group is encouraging delegates to book – or complete existing bookings – now to avoid disappointment. Taking place at the British Motor Museum in Warwickshire on 23 June 2022, the conference will prove to be an unmissable event for anyone with responsibility for specifying commercial vehicles, ensuring roadworthiness and compliance, and maintaining fleets. 

The Social Market Foundation responds to the Government’s Private Rented Sector White Paper.

Amy Norman, Senior Researcher at SMF, said: “The SMF welcomes many of the proposed reforms published to ensure a renewed sense of security and standards for renters.

A new survey from Acas has found that three in five employers (60%) have seen an increase in hybrid working for staff compared to before the coronavirus (COVID-19) pandemic. Hybrid working is a type of flexible working where an employee splits their time between the workplace and working from home or remotely.

One of the biggest Black business events in the UK – showcasing the skills of more than 100 entrepreneurs – is set for Birmingham this weekend.

The UK Black Business Show will help create exciting new workplace opportunities for Black talent.