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PRIVACY
Economic Development

Revealed: Dozens of Midland firms make London Stock Exchange top 1,000

The businesses, which include Birmingham firms Roman Originals, a clothing retailer, and tech utilities business Glide, were chosen for growth potential

14 companies from Birmingham made the LSE list

Clothing firms, manufacturers and cloud computing innovators are among dozens of businesses in the West Midlands selected as the London Stock Exchange’s ones to watch.

The exchange has published a list of “1,000 Companies to Inspire Britain” which includes 73 from the West Midlands, chosen for being the “fastest-growing and most dynamic small and medium sized businesses”.

The businesses, which include Birmingham firms Roman Originals, a clothing retailer, and tech utilities business Glide, were chosen for growth potential.

The report found food and drink and real estate were among the fastest-growing sectors.

Xavier Rolet, chief executive of the London Stock Exchange Group, said: “There are 14 companies represented from the region, growing at an average annual turnover rate of 32 per cent. In fact, 25 per cent of local companies made the report for a second time running, proving they are not a flash in the pan.

“Sector diversity also continues to be impressive. From tech companies to fashion retailers and specialist engineers, there are a variety of Birmingham businesses in the spotlight this year. Featured in the publication, technology company, Glide, that makes sharing utilities and services bills simple for tenants and property businesses, highlights how in 2015 alone it stands to grow by an estimated 30 per cent.”

James Villarreal from Glide

A total of 14 businesses from Birmingham feature in the list, with a total of 73 from the region.

Manufacturers are well represented, with the likes of Jaguar Land Rover supplier Sertec Group, HBS Foods and Stormking Plastics making the grade.