Business News

A new study of 1,000 UK adults, from digital financial coaching app Claro Money, has revealed that 28% of Brits are dipping into their ‘rainy day’ funds just to make ends meet when their outgoings rise above their income.

Rather than use their savings funds for goals like luxury holidays, remodelling the family home or a brand-new car, research has found that the rising cost of daily living including food shopping, childcare, petrol, and energy are starting to eat away at Brits’ future finance goals and plans.

Uponor renews its Group strategy and introduces new financial targets to drive profitable growth. Uponor’s new Group strategy is centred on maximizing the core and sustainable innovation.

Michael Rauterkus, president & CEO of Uponor, said: “Uponor is a leading partner and a pioneer in sustainable water systems and indoor climate. We are well positioned to benefit from the megatrends of net zero, productivity and clean water. 

549 organisations around the world received a highly prized accolade for their work in health, safety, and wellbeing, as British Safety Council revealed the winners of its prestigious International Safety Awards 2022.

The awards recognise and celebrate organisations from around the world which have shown a true dedication in the last year to keeping their workers and workplaces healthy, safe, and well. 

A bronze-coloured frieze depicting athletes in action has been installed on the front of the redeveloped Perry Barr railway station.

The installation of new weathered effect cladding shows that the £30.9 million rebuilding project is nearing completion ready for opening later in the spring and in time to welcome visitors for this summer’s Birmingham 2022 Commonwealth Games.

Prospective developers looking at acquiring a site or getting involved in a development should check whether nutrient loading is likely to be an issue, says planning and environmental specialist, Caroline Waller from Clarke Willmott LLP. 

Caroline, a partner in Clarke Willmott’s planning and environmental team, warns failure to do so could mean a potentially significant delay into their contracts and development programme with significant extra costs. 

The resignation of a high-profile Indian entrepreneur from the company he co-founded has led to worry in the country's booming start-up sector. Ashneer Grover, founder of at least two unicorns - tech start-ups valued at over $1bn - resigned last week as managing director of BharatPe, one of India's most prominent fintech companies, after a public fallout with the board of the company he founded.

Birmingham and Solihull’s new £1.458m Coroners Court was officially opened by the Chief Coroner for England and Wales, His Honour Judge Thomas Teague QC, earlier.

The former Youth Court on Steelhouse Lane, has been fully refurbished to triple the number of court rooms for inquests from one to three, which will have technology to enable representatives or jury members to attend hearings virtually.

Motorists are being advised to plan ahead for a series of road works and carriageway closures on the A45 Small Heath Highway in Birmingham.

The surfacing works will complete the main construction on the Small Heath Highway of bus lanes and infrastructure for the priority bus route - part of a continuous route from Walsall to Solihull via Birmingham city centre.

Anade Davis, the Founder and Chief Data Scientist for the World Data Science Institute, is also now the inventor of CryptoShare, an app that allows users to pay bills, shop, and borrow money using digital currency. Just five years ago in 2017, Anade was driving for Uber, but now he is the owner of a company that is already valued at over $8 million dollars.

The boss of a British woodworking firm has been crowned 2022 Entrepreneur of the Year.

Amarjit Binji, Chief Executive Officer of AJB Group, beat off stiff competition to win this prestigious title at the Midlands Business Awards (MBAs). Winners across the 11 categories were announced at a gala black-tie event held in Leicester on Friday (March 4).

National law firm Clarke Willmott LLP has advised chartered financial planning firm RU Group on its acquisition by multi-disciplinary professional services firm, Progeny.  The deal, subject to FCA approval, will increase Progeny’s total assets under management to over £3 billion and allow the business to expand its presence in South Yorkshire and the East Midlands.   

A2Mac1, the worldwide leader in automotive competitive benchmarking data and intelligence, is pleased to announce the acquisition of the market intelligence and insights business of Coram Research.

In line with its continued growth strategy, A2Mac1, the worldwide leader in automotive competitive benchmarking data and intelligence, announces the completion of buying and integrating the market intelligence and insights business of Coram Research from Coram SAS. 

With Brent crude - the international benchmark for oil prices - surging to $113 a barrel sparked by the war in Ukraine, is India headed for an oil price shock?

The price rise, the highest since June 2014, is worrying India no end. Guzzling up to 5.5 million barrels every day, India is the world's third largest consumer of oil, behind US and China.

Downtown in Business Birmingham is delighted to announce the shortlist for the City of Birmingham Business Awards 2022.

The City of Birmingham Business Awards (COBBA) was established by Downtown Birmingham in 2017 to acknowledge and celebrate companies and entrepreneurs that have made a successful and significant contribution to economic growth in the city region.

H&M Group is deeply concerned about the tragic developments in Ukraine and stand with all the people who are suffering. H&M Group has decided to temporarily pause all sales in Russia.

The stores in Ukraine have already been temporarily closed due to the safety of customers and colleagues.

The development of a new £24 million Dudley transport interchange has taken another step forward with the submission of a final planning application. Set to be built on the current bus station site, the new Dudley Interchange will link bus services to the tram services on the Black Country Metro extension currently under construction.