Lloyds Bank £500M Social Housing Commitment
Lloyds Bank has confirmed a £500 million commitment to support small and specialist social housing providers, delivering around 2,900 new affordable homes across the UK.
Category : Business Investments
Blues persist with Osman pursuit despite financial limits
Birmingham City remain in talks to re-sign Ibrahim Osman from Brighton, but a valuation gap and financial constraints under SCR protocols pose challenges.
West Bromwich Dairy Factory Creates Hundreds of Jobs
A £25m dairy factory in West Bromwich will process 500 million litres of milk annually, creating at least 200 jobs, as Freshways finalizes a new facility with Indian partners.
West Midlands Smashes Devolution Targets: 2,925 Jobs, 7,237 Homes
WMCA exceeded government targets in its first devolution year, creating 2,925 jobs, supporting 10,117 businesses, and signing off 7,237 new homes, nearly tripling employment support goals.
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County Durham Scheme Advances After £2.5m Funding Deal
A £2.5m funding package unlocks the transformation of a historic brownfield site in Consett into 14 commercial units, boosting local jobs and investment.
West Midlands Retail Footfall Falls Amid Heatwaves
West Midlands retail footfall fell 3.2% year-on-year in July 2024 as heatwaves drove shoppers to evening trips, with high streets and shopping centres both declining, according to BRC-Sensormatic data.
Apollo's £5.7bn EasyJet Bid Tops Castlelake Offer
Apollo Global Management has agreed to acquire EasyJet for £5.7bn, topping Castlelake's £5.2bn bid. The 714p per share offer represents an 80% premium, potentially triggering a bidding war and delisting the airline from the London Stock Exchange.
Urban Splash Boss Plans Manchester Resurgence
Urban Splash's new CEO reveals plans to revive stalled Manchester developments, including the iconic Factory and Park Hill, aiming for completion by 2028.
Paul Foreman named PD Ports CEO as Calje steps down
PD Ports CEO Frans Calje steps down after 10 years; COO Paul Foreman appointed successor from September 1 to lead growth and innovation at Teesport.
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Manchester United confirm new stadium location near Old Trafford
Manchester United's new 100,000-seat stadium will be built 350 metres from Old Trafford, part of a £7.3bn annual economic boost plan creating 48,000 jobs.
Debmat Acquired in Seven-Figure BIMBO Deal
Gateshead contractor Debmat Surfacing, established in 1979, has been acquired in a BIMBO deal with a seven-figure investment from NPIF II – NEL Debt Finance, aiming to expand services and create jobs.
Esh Group Reports Record Results with Turnover Surpassing £311m
Durham construction firm Esh Group achieves record results as turnover tops £311m and pre-tax profits treble to £15m, driven by strategic transformation and strong demand.
Villa Owners Listed as Ceasing Control in Admin Update
Aston Villa owners Nassef Sawiris and Wes Edens have been listed as ceasing significant control of the club's parent company in an administrative update, with no change in shareholding or commitment.
Aston Villa's Onana Out With ACL Injury
Aston Villa's pre-season is hit by Amadou Onana's ACL injury, ruling him out for most of next season. Five potential replacements are explored amid financial constraints.
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Crowe Appoints Adam Rollason to Lead Birmingham Office
Crowe UK has appointed Adam Rollason as office managing partner for Birmingham, aiming to drive growth and strengthen client services in the region.
Juventus to Discuss Emi Martinez Transfer Today
Juventus will meet today to discuss the feasibility of signing Aston Villa goalkeeper Emi Martinez, with Tottenham's Vicario as a backup option.
Devon tungsten mine project ramps up for 2027 reopening
Tungsten West is ramping up work at Hemerdon mine near Plymouth, aiming to restart production by spring 2027. The site could supply 20% of global primary tungsten outside China.
Hargreaves Lansdown Expands Bristol HQ Lease
Hargreaves Lansdown has signed a long-term lease for an additional 26,303 sq ft at Welcome Building in Temple Quay, expanding its Bristol headquarters to four floors and 58% of the building.
TSG buys Berkshire media specialist in multimillion-pound deal
Tyneside IT firm TSG snaps up Creative Computing Solutions, a Microsoft Dynamics 365 partner, boosting its Business Central practice and headcount by 8%.
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Paignton Buildings Demolition to Begin Next Week
Demolition of deteriorating buildings in Paignton town centre's Station Square will start July 14, with preparatory works beginning July 10. The site has been fenced since May due to falling masonry, and the main road remains closed for public safety.
Principle Estate Management Opens Manchester Office
Midlands property firm Principle Estate Management opens Manchester office, investing £300,000 and appointing Matt Kirk as property director to manage over 5,000 homes by 2028.
Funding for High-Growth Businesses in West Midlands
New funding from WMCA and MEIF supports high-growth businesses in the West Midlands, offering loans and equity to drive innovation and job creation.
Aston Villa to Open Contract Talks with Konsa and Torres
Aston Villa are expected to hold contract talks with centre backs Ezri Konsa and Pau Torres before the new Premier League season, with both players having two years left on their deals.
Cardiff Capital Region Fund Backs Coaches' Voice in Welsh Deals
The Cardiff Capital Region's £50m equity fund invests in Coaches' Voice to expand grassroots football coaching in Wales, alongside other Welsh businesses securing funding.
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Former Hotpoint Factory in Yate Sold for £10m, 190 Homes Planned
South Gloucestershire Council will sell the former Hotpoint tumble dryer factory in Yate for £10m, with plans for 190 homes, half affordable, plus commercial space and public car park.
Labour Investments Boost Dover and Deal with Heritage and Education
Over £3 million for Walmer Castle, free breakfast clubs for 500+ children, and flood defence for 2,666 properties highlight Labour's investment in Dover and Deal, MP Mike Tapp reports.
Northumberland firm adds three Yorkshire parks to portfolio
Maguires Country Parks, a family-run holiday park group, has acquired Winksley Banks, Foxhall and Hutton Bonville Country Parks in North Yorkshire, expanding its portfolio to 15 sites across the North East and Yorkshire.
Burnham warehouse tax plan could 'crucify' supermarkets
Andy Burnham's proposed warehouse levy to cut business rates for high street venues has sparked warnings it would 'crucify' supermarkets, with retail chiefs and MPs raising concerns over inflation and practicality.
JP Morgan Bournemouth Office Expansion Approved
JP Morgan's five-storey Bournemouth office expansion, housing 1,600 staff, was approved despite parking concerns. The development includes 118 car and 614 cycle spaces.
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Bristol Temple Island deal changes needed as costs rise
Bristol City Council faces higher costs and halved affordable housing in a revised Temple Island deal with developer Legal & General, due to rising construction costs and new safety rules.
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