Business News

The owners of Wolverhampton city centre’s historic Beatties building have confirmed their plans for its phased remodelling.

SSYS Beatties Ltd purchased the building in 2020 following the announcement of the closure of the department store. They have now started the process of securing a contractor for the first phase of development, which will see around 150 new homes concentrated around the multi-storey car park and modern annex areas of the building,

Full works are set to start this month on building the first new council homes on the Heath Town estate since it was officially opened by HRH Princess Margaret in 1969.

It forms part of a major transformation of the estate, which has seen an extensive demolition programme of vacant buildings, existing residential blocks undergo major improvements by Wolverhampton Homes, and the creation of three new play areas and a football pitch.

Construction think-tank Constructing Excellence Midlands has announced a landmark partnership with innovation exchange platform The Grid to provide access to dedicated digital social platform SciGrid for its members. SCi Grid - which facilitates engagement with social value projects in the construction industry - aims to provide guidance on how firms can achieve Net Zero Carbon, providing guidance on the best practice solutions and current policies, as well as becoming a space for collaborative partners to showcase their industry expertise.

The activity feed on SCi Grid will connect innovative minds, companies and organisations to provide a blend of real life, real time and virtual engagement for the construction industry in the Midlands. The platform will allow industry experts to highlight sustainable construction projects and engage in thought leadership, as well as an opportunity for firms to advertise job opportunities in front of an engaged audience of potential employees.

The City of Wolverhampton Council Leader has reiterated his brownfield development first message ahead of public consultation on the future of housing plans in the region.

The consultation on the latest phase of the Black Country Plan will open on August 16 and Councillor Ian Brookfield is urging people to get involved and help protect greenbelt land in the city. The government projects that the Black Country will need just over 76,000 new homes over the next 20 years.

Employment tribunals involving menopause have quadrupled in the last three years^, reveals analysis of court records by Menopause Experts Group.

There have been 43 employment tribunals referencing menopause since April 2017. There were six cases in the last nine months of 2017, compared with ten in the first six months of 2021, which would be equivalent to 20 over the course of a full year if the rate continued. 

Business confidence rebounded sharply during the second quarter of 2021 as coronavirus restrictions were eased across the country, according to a major report released today by three regional Chambers of Commerce.

The latest results from the West Midlands Quarterly Economic Snapshot shows that more than three in five (62 per cent) businesses expect to increase their turnover over the course of the next 12 months, compared to 43 per cent in Q1. The snapshot, which covers the West Midlands Combined Authority area, is the most comprehensive regular report of its kind in the region.

The country’s most talented and dedicated female entrepreneurs gathered together on Thursday 22^nd July for the delayed 2020 National Business Women’s Awards.

The much-coveted gongs were forced to be postponed last year after the unexpected outbreak of the Covid-19 pandemic, but last night, just three days after most restrictions were lifted nationwide, finalists joined together for a welcome celebration. More than 300 guests were at the event, which recognises incredible, high achieving women in business and industry, who run outstanding companies.

A car shipping business set up by two school friends is celebrating its 15th anniversary after transporting thousands of vehicles around the world.

Nick Roach and Kingsley Read set up ShipMyCar in 2006 and now operate from a 12,000 sq ft warehouse in Milton Keynes. The company aims to simplify the often-complex process of importing a car into the UK, and is now the UK’s leading full-service importer of vehicles from countries including the USA, South Africa, Australia and Hong Kong.

XPO Logistics, Inc. have announced that it has completed the previously announced spin-off of GXO Logistics, Inc., creating two independent, publicly traded companies. XPO is a leading provider of freight transportation services, primarily less-than-truckload transportation and truck brokerage services, and GXO is the largest pure-play contract logistics provider in the world.

A helium balloon has caused delays to rail passengers after it got tangled in 25,000-volt overhead electric cables which power trains on the West Coast Mainline near Tamworth. It's prompted Network Rail to issue a safety plea to the public to not let helium balloons loose near the railway.

The finalists of the 2021 Black British Business Awards (BBBAwards) have been announced.

Shortlisted are 39 remarkable Black professionals from across the United Kingdom who have not only been selected for their outstanding professional achievements, but for the personal work they are doing to defy stereotypes and reshape the business world around them.

Over a quarter (27%) of bill-payers say an increase of more than £10 a month in their energy bills could force them into debt^, just days ahead of an expected hike in the price cap, according to Uswitch.com, the comparison and switching service.

One of the West Midlands leading chartered accountants has announced plans to create up to 25 new jobs over the next six months, just few weeks after its Worcestershire office completed a £100,000 relocation.

One of the first companies to sign up to a programme to improve the digital capabilities of smaller businesses has officially opened its new company headquarters and factory in Sandwell.

Azets, the UK’s largest regional accountancy and business advisor to SMEs, with 14 offices across the Midlands, Shropshire, and the Welsh Borders, is targeting quadruple growth in the region within the next five years as part of ambitious plans set out by Regional CEO Paul Clifford.