Business News

The CISI’s November 2022 Global Wealth Summit series for Africa, London, Middle East and China returns, featuring 19 global experts on topics ranging from client trust to company culture.

This event series, hosted online and available to both CISI members and non-members, brings together a global community of wealth, investment management and financial services professionals.

Leading local independent logistics operator, Europa Worldwide Group, located at Minworth’s Prologis Park, continues to set the pace in the market, reporting a tripling in profits – up to £10m from £3.6m in 2020 – and a record £276m turnover for the 2021 financial year (ending 31 December).

The boards of medium sized businesses are being warned to step up and not be complacent about the risks posed by cybercrime.

The alarm call, from security specialists Digital Craftsmen, comes as cyber criminals are widening their focus to include not just large, listed enterprises but medium sized firms too. In fact, every business is now at risk from a cyber-attack - cyber criminals are not selective who they target.

Multi award winning broadcasters Sunny Grewal and Shay Grewal have been confirmed as the hosts of the annual dinner and awards ceremony of the Asian Business Chamber of Commerce. The awards ceremony is set to take place on Saturday, 19 November, at The National Conference Centre in Solihull.

Leading Midlands recruitment agency, Encore Personnel, is ensuring it does all it can to support its staff throughout the impending cost of living crisis. Birmingham-based Encore, located at Lower Temple Street, and with 10 other branches across the Midlands, is celebrating 20 years in business this year and is proud to be providing its staff with everything from money-saving top tips to free sanitary products.

A German-style national drive to reduce UK energy use by turning off lights and lowering heating temperatures could save households £400 and save the Treasury £9 billion, new analysis shows today.  

The Social Market Foundation, a cross-party think-tank, is calling on the Government to follow Germany’s lead and launch an information campaign that provides practical tips on reducing household energy demand.

Arc Inspirations, the award-winning operator of premium bar brands Banyan, BOX and Manahatta, has appointed hospitality sector veteran and leader, Mike Tye, as Chair.

He will support the senior team led by CEO and co-founder Martin Wolstencroft in the on-going development of the business – amid a significant growth phase for the company that will see Arc launch five new sites in the next 12 months.

Following the new interest rate rise, the Bank of England’s warning that people are facing the longest recession on record and some predicting house price falls of up to 30%, UK newswire, Newspage, polled 250 mortgage brokers and estate agents about how far they think prices will fall during the next 12-18 months. The results were:

Coalville-based developer David Wilson Homes East Midlands has sponsored an F1 engineering team at a secondary school in Ashby-de-la-Zouch.

The housebuilder has supported Ashby School’s Dragon Racing team with its entry for international STEM competition, F1 in Schools.

Passengers planning on travelling through London Euston station during strike action on Friday 4, Saturday 5, Monday 7 and Wednesday 9 November are being warned not to get caught out with trains finishing much earlier than normal.

Strike action by members of the Transport Salaried Staffs' Association (TSSA) means that on Friday 4 November London Northwestern Railway will run a very limited service on its London Euston - Northampton - Birmingham route with services starting from 7:30am and finishing by 7:30pm.

A technology expert at Birmingham City University has said that Elon Musk’s proposals to charge verified Twitter accounts a monthly subscription fee will only generate a relatively minor amount of income for the social media giant.

The academic and industry professional said: “Elon Musk’s takeover of Twitter has been typified by chaos, including most recently the firing of a number of senior executives – amongst them the head of legal policy, trust and safety.

The clinical negligence team of Lime Solicitors is expanding its geographical reach into the West Midlands with the transfer of legal director James Anderson to Birmingham. Previously based in the East Midlands, James will now take the lead in developing the law firm’s clinical negligence offering in the west of the region.

PR expert Amanda Moss specialises in helping growing small businesses and encourages entrepreneurs to run a PR campaign during an unstable economic period , saying it is precisely what is required if they want their business to thrive. 

Amanda, who has 30 years’ experience in the media, says, "At a time when the cost-of-living crisis is putting a squeeze on budgets, businesses that continue to spend on advertising and PR will see their business remain stable.

Businesses and communities across the West Midlands are to get more than £88m of targeted support to help drive economic growth and improve people’s opportunities in life. The Board of the West Midlands Combined Authority (WMCA) today (Friday October 28) approved its UK Shared Prosperity Fund (UKSPF) investment plan which will now trigger the Government’s release of the money to the region over the next three years.

Dame Sharon White, the first ever female chair of John Lewis Partnership, has been named the UK’s most influential black person.

White topped the 2023 Powerlist, an annual list that aims to provide professional role models for young people of African and African Caribbean heritage. Other prominent black Britons on this year’s list include the actor, writer and creator of I May Destroy You, Michaela Coel, the actor and writer Sir Lenny Henry, and the rapper Stormzy.

Rishi Sunak's rise to power has attracted attention in India - and not just because he is the first British Asian prime minister. His wife Akshata Murty is the daughter of Indian billionaire Narayana Murthy, one of the country's best-known businessmen who has been dubbed the Bill Gates of India.