Business News

A plan to regenerate the Snow Hill and Colmore areas of the city centre and replicate the success of London’s Canary Wharf is set to be adopted. The Snow Hill masterplan is a £600 million scheme aimed at transforming the business district and bringing in further investment from global business, professional and financial services firms. The 20-year plan provides a framework to create 10,000 new jobs, generate over 200,000 sqm of new office space and boost the economy by more than £600 million a year.

Responding to the publication of the West Midlands Aviation Opportunity report last week, Colin Leighfield, Chair of the Black Country Chamber of Commerce Transport Group said, “The report underlines the economic growth potential of one of the region’s major assets: a contribution of £1.1 billion GVA.

The British Safety Council has announced the winners of this year’s Sword of Honour and Globe of Honour awards for exemplary management of health, safety and environmental risks by businesses around the world. From Doha to Darlington, Birmingham to Bangalore, the 61 Sword of Honour and eight Globe of Honour winning companies have demonstrated to an independent adjudication panel a proven track record of excellence in managing risks to workers’ health and safety and/or to the environment from the organisation’s activities.

The Black Country Chamber of Commerce Awards 2015 finalists have now been announced. Ninder Johal, Black Country Chamber President, said: “We are excited that the finalists have now been announced and I wish them luck. I also look forward to meeting all the finalists and other guests at the Black Country Chamber of Commerce Awards Dinner 2015. The Awards Dinner is a perfect opportunity to celebrate and reward the excellent businesses we have in the Black Country.

Leading businessman and TV personality Touker Suleyman is to lead a stellar judging line-up for the Startups Awards 2015.  Recognised as the most prestigious national awards scheme for up and coming businesses, the Startups Awards has commanded its strongest judging panel to date for 2015 with Dragon Suleyman at the helm, alongside a host of Britain’s finest business minds. 

PwC director Clare Maio has been appointed head of diversity at PwC in the Midlands, to spearhead the firm’s progressive employer programme in the region.  Increasing diversity at all levels is a key priority for PwC, and the firm runs a broad range of initiatives to encourage open-mindedness across its workforce, as well as supporting local employment opportunities.

Technology is fuelling a new wave of spontaneity in Britain, new national research has revealed. But it is also creating a generation who feel uneasy committing to plans in advance, according to the nationwide study by leading hotel bookers LateRooms.com. While 30% of Britons still make weekend plans a week or more ahead of time, over 40% of adults now confess that they don’t feel comfortable making definite weekend plans any further than 48 hours in advance.

Key powers and decision-making abilities must be devolved to those who best understand the West Midlands if the region is to achieve its “bold and ambitious” plans for the future. That was the message from Paul Faulkner, chief executive of Greater Birmingham Chambers of Commerce (GBCC), when he addressed a fringe meeting of the West Midlands Combined Authority at the Conservative Party conference.

After the number of new property listings fell off a cliff in July and August, there are signs that sellers are waking up from their summer slumber. The latest Property Supply Index compiled by online estate agents HouseSimple.com, reveals that new property listings across the UK rose 9.1% between August 2015 and September 2015, and in London by more than a quarter (27.1%).

Craig Errington, Chief Executive of Wesleyan Assurance Society and Chair of Community Development Finance Institution ART Business Loans, called on the public and private sectors to offer more support for the community finance sector as he addressed members and guests at ART’s AGM.

The Quarterly Economic Survey (QES) results for quarter 3 for the Black Country have been released. 36% of respondents said that UK sales had increased (the same as quarter 2). 25% of companies completing the survey said that their workforce had increased over the last 3 months and 30% said that their workforce would increase over the next 12 months (up 4% and 2% from last quarter).

G20 finance ministers and central bank governors are gathering for their third meeting during Turkey's presidency. These meetings give the G20 an opportunity to confirm 2015 outcomes and demonstrate that the G20 remains the premier forum for international economic cooperation.

Seven of the UK's hottest foodies were crowned winners of this year's Virgin StartUp Foodpreneur Festival, each winning a tasty mentoring package with routes to market and the chance to raise their business profiles.

Employees working in leisure, culture and sport roles take more sick days than any other industry, a new study reveals. Nationally those employed in this field scored highest (3.8) with workers in telecoms, marketing and education also featuring high in the sickliest professions. Teachers take above the national average at 3.17 days per year, while those working in the manufacturing industry or industrial labour take the fewest days off sick a year (1.59).

Sales at home and abroad for Greater Birmingham manufacturing companies have increased to levels not experienced for over 18 months. According to figures from the latest quarterly economic survey by Greater Birmingham Chambers of Commerce (GBCC), half of the businesses surveyed increased sales and orders over the past three months.