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Midlands
08:29, 17 FEB 2025
Gender pay gap means women have 'worked for free' in 2025
Employment
Pay disparity between men and women remains "stubbornly high", the report TUC said
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KPMG º£½ÇÊÓÆµ and REC report: Labour market slack continues to build in July
By City AM
The latest jobs report from KPMG and the Recruitment and Employment Confederation (REC) showed another decline in permanent placements, although at a slightly slower pace than the previous month.
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Vodafone advances £3.4bn shareholder return plan with new £430m buyback amid strategic overhaul
By City AM
The move comes after the FTSE 100 firm said in March it would return €4bn to shareholders as part of a broader capital allocation review following asset sales
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Turtle Bay reports record turnover despite challenges in London and Midlands
By City AM
Turtle Bay was founded in 2010 and now has more than 40 venues across the º£½ÇÊÓÆµ, with a menu that includes Caribbean-inspired dishes such as jerk chicken, curried goat and burgers
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British Retail Consortium reports continued drop in retail footfall amid holiday spending surge
By City AM
The British Retail Consortium found that the number of shoppers on the º£½ÇÊÓÆµ's high streets fell by 3.3 per cent in July, the twelfth consecutive month of decline
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Yodel opts out of merger with Shift following strategic review, secures £85m investment
By City AM
Parcel delivery giant Yodel has secured an £85m funding package as it seeks to put concerns over its future to bed, with a planned merger with logistics tech firm Shift now not going ahead
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Axa reports over £50bn in revenue as it exits asset management with BNP Paribas deal
By City AM
The French insurer has reported that its underlying earnings were up from £3.5bn to £3.6bn in H1 2024, as the group also revealed that it has agreed to sell its asset manager to a French banking giant
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Metro Bank anticipates profitability by year-end despite current losses, shares surge 22%
By City AM
The high street bank said it expects to return to profitability in the final quarter of this year, after swinging to a first-half loss
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Aston Martin loses over £200m as demand for luxury models reverses
By City AM
The Warwickshire-headquartered company has reported a pre-tax loss of £216.7m for the six months to June 30, 2024, compared to the loss of £142.2m it reported during the same period in 2023.
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Caravan parks and properties owned by billionaire’s firm put up for sale
property news
Around half of the 29 sites are based in the South West
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Bristol-based Ultimate Finance strengthens º£½ÇÊÓÆµ-wide relationship team
Appointments
The lender has announced six new hires across the country
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KPMG º£½ÇÊÓÆµ to cut more than 100 jobs amid dealmaking slowdown
KPMG
Last month, KMPG launched a separate consultation process over plans to axe up to 125 jobs in its consulting business
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Devon building materials supplier goes into business with trade group
Deals
Ocean Blocks and Aggregates, based near Plymouth, has reached a deal with Midlands construction supplies firm GRS
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Staff walking out over pay at 20 councils
Local Government
Unite boss - 'It is simply unacceptable that workers have been forced onto the breadline due to years of real terms pay cuts'
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Multibillion-pound Future Growth Fund to take shape in months, says Lord Mayor
Finance
Former banker Nicholas Lyons is leading an ambition to get pension funds investing in innovative companies outside of London
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Green energy group to create 50 new jobs as part of £8.2m funding deal
Climate Agenda
Project Better Energy also wants to expand its headquarters in Burton on Trent
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Forterra delays £27m renovation of Staffordshire brick factory
Midlands
Forterra CEO Stephen Harrison has also announced his intentions to step down next year
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The 19 richest people in the Midlands who are worth a combined £34 billion
Midlands
The Sunday Times Rich List 2022 ranks the country's 250 wealthiest residents
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Midlands Engine unveils £33bn investment portfolio which could create 220,000 jobs in the region
Midlands
The Midlands Engine partnership is aiming to put the region on the national stage during º£½ÇÊÓÆµREiiF this week
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16 Midlands business leaders in the running for Entrepreneur of the Year º£½ÇÊÓÆµ title
Midlands
The regional finalists will now go on to compete for the º£½ÇÊÓÆµ title
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Knights appoints new partner in the Midlands
Midlands
Rachel Bennett has joined the listed firm's Nottingham office
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Masterplan lays out future of transport network in the Midlands
Transport
Midlands Connect is launching its strategic transport plan at its annual conference in Birmingham today
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New 'Levelling Up' report outlines major plans to improve A50/A500 corridor in Staffordshire and Derbyshire
Midlands
Midlands Connect says the plans will help reduce congestion, support businesses and promote greener transport use along the 90km stretch
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1,000 jobs up for grabs at Alton Towers ahead of 2022 season
Employment
Jobseekers are being invited to a recruitment event in Stoke-on-Trent this week
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