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Economy

New business bank to back smaller firms
Banking & Finance
Small businesses across the Midlands have a powerful new financial ally in the shape of the new British Business Bank .
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£100m boost for Advanced Manufacturing Supply Chain Initiative
Economic Development
The cash comes on top of £245 million already allocated since 2011 to the Advanced Manufacturing Supply Chain Initiative - of which a large slice has been secured by West Midlands based companies
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Manufacturing chiefs rank Ƶ as one of the best global sales centres
Manufacturing
New research from KPMG suggests Ƶ is on a par with China and now ahead of Germany
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Automotive Composites Research Centre work set to finish
Economic Development
Deeley Construction has been building the new Automotive Composites Research Centre for WMG at the University of Warwick since November last year
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Manufacturers trust Tories more says Institution of Mechanical Engineers
Manufacturing
Report also said 28 per cent of respondents felt no political party had the right answers
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Open-plan offices - what is their real value?
Opinion
Perhaps like the quality revolution of the 1980s in manufacturing we need some urgent rethinking of the use of open-plan offices as a way to increase efficiency.
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Business activity rises at slowest rate for ten months in April
Banking & Finance
The latest Lloyds Bank Commercial Banking West Midlands PMI report revealed the region’s private sector economy lost further momentum at the start of the second quarter.
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Manufacturing confidence soars to new high, BDO research shows
Manufacturing
The latest Business Trends report by accountancy firm BDO showed its manufacturing optimism index jumped to 120.8, up from 119.4 last month, as growth in the Eurozone helped boost export orders
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Tourist spending to soar in region as visitors flock
Economic Development
Annual visitor spending in the West Midlands is being predicted to rise by 28 per cent over the next three years.
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Manufacturing growth continues to speed up
Manufacturing
A new survey shows manufacturing employment grew for the 12th consecutive month, while production surged ahead
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Post columnist Lord Bhattacharyya becomes Royal Society fellow
Manufacturing
Labour peer Lord Bhattacharyya, founder of Warwick Manufacturing Group (WMG), has been recognised and made a fellow for his contribution to engineering research and education
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Manufacturers urged to tap into £1.9 million funding pot
Manufacturing
Capital aid options highlighted at Manufacturing Advisory Service's Supply Chain Conference
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Walsall College to invest £300,000 in new engineering workshop
Manufacturing
Installation work will be completed by around 25 carpentry and decorating students as part of their work experience programme
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Historic manufacturer secures £1.25 million funding for international growth
Professional Services
Brandauer to invest in apprenticeship programme and IT system to fuel overseas sales
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Low pay, poor prospects and debt - welcome to contemporary Britain
Opinion
Some might suggest that the bankers' bonus controversy is a storm in a - very expensive - teacup that has come in handy for George Osborne whose stock is rising on the back of good economic data
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Software specialist joins Manufacturing Technology Centre
Manufacturing
Coventry hub recruits TTL to boost centre's expertise
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Chinese car-maker Changan in advanced talks over Birmingham base
China
Changan, one of the largest car-makers in the Far East, is in negotiations over setting up a research and development operation at the Advanced Manufacturing Hub in Aston
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'Confidence high' among region's manufacturers
Manufacturing
Annual MHA Manufacturing Survey says Midlands manufacturers will invest and target overseas markets in 2014
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Jaguar Land Rover China plant 'to start production before year is out'
Economic Development
The Gaydon giant’s China president has revealed “a product from the Land Rover stable” will be produced at the plan in Changshu within a matter of months
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Bournville lags behind rivals, Cadbury boss admits
Economic Development
But the £75 million investment announced by American owners Mondelez International in January can pave the way for a ‘world-class’ future for the plant for another 100 years, says the man at the helm
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£6m funding boost for Coventry manufacturers
Professional Services
New capital worth £6.2m has been awarded to five automotive and aerospace businesses in Coventry and Warwickshire, creating 225 jobs.
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Works starts on new manufacturing and R&D campus
Manufacturing
Institute for Advanced Manufacturing and Engineering hails new 'faculty on the floor' through Coventry University and Unipart tie-up
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Birmingham household income rose £1,500 over recession, research claims
Economic Development
Average Gross Disposable Household Income (GDHI) in Birmingham jumped by 14.4 per cent over the last five years from £10,987 to £12,566, according to researchers
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Call for apprenticeships to be pushed in secondary schools
Manufacturing
A suggestion apprenticeships should be highlighted in secondary schools was one of the key messages at the launch of EEF, the manufacturers’ organisation’s new Technology Training Centre.
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