Birmingham landmark on sale in cut-price deal as value slashed in half March 11, 2025 A landmark office building in Birmingham city centre has been put up for sale for half what it was bought for in 2019. The Lewis Building and its adjoining neighbour Priory Court in Bull Street were acquired by Gulf Islamic Investments for £140m. The investor, which has offices in Dubai and Abu Dhabi, bought the [...]
Brady-backed advisory firm Knighthead spends £100m in Birmingham February 5, 2025 The UK government has welcomed Birmingham City owners Knighthead Capital’s £100m investment into Britain’s second city, which is centred around a 60,000-seat stadium. The American advisory firm, in which NFL great Tom Brady owns a small stake, has spent the money on a 48-acre site near to Birmingham City’s St Andrew’s home for the mega-project. [...]
‘Prohibitive building costs’ stunting UK growth projects – Deloitte February 4, 2025 “Prohibitive costs” involved in construction projects in major UK cities led to a sharp decline in the number of new developments breaking ground in 2024, according to a new report from Deloitte. Deloitte’s latest Regional Crane Surveys, which covers the central areas of Belfast, Birmingham, Leeds and Manchester, has revealed the number of new starts [...]
EY to relocate 1,200 employees to new city office February 3, 2025 Professional services giant EY has revealed plans to relocate 1,200 employees in Birmingham to a new office. The move, scheduled for 2026, will see staff switch from One Colmore Square to Three Chamberlain Square, which is part of the Paradise Birmingham development. EY has been based at its office at One Colmore Square for the [...]
Tory leadership: Pledges of ‘wealth creation’ and red tape cuts in speeches October 1, 2024 Promises to champion “wealth creation” and slash red tape will be offered to party members as the four candidates vying for the Tory leadership give their keynote conference speeches. Kemi Badenoch, James Cleverly, Robert Jenrick and Tom Tugendhat will take to the main stage at the Conservative Party’s annual event in Birmingham on Wednesday morning [...]
Badenoch and Tugendhat flash low tax credentials September 30, 2024 Kemi Badenoch has said she would “love to see lower corporation tax” and stressed the need to “increase the appetite for risk taking” in a bid to go for growth. The former business secretary’s comments came during a leadership Q&A session for party members at the annual Conservative Party conference in Birmingham. She told the [...]
Tory conference: What to expect from Birmingham and why does it matter? September 30, 2024 Battling through delayed and cancelled trains from London’s Euston, this weekend saw Tory and Westminster watchers embark on the journey to the Midlands. Rattling around the maze-like International Convention Centre (ICC), the party faithful are gathering for an event that promises to be a combination of a wake, for the past 14 years in government; [...]
Move over London – regional cities are leading the financial services jobs boom September 12, 2024 New data has revealed the huge impact that regional cities in the UK have had in driving growth in the financial services sector, with more than half of all jobs created outside London. The research by industry body The City UK found that of the 354,000 jobs created within the sector between 2012 and 2022, more [...]
Headlam: Flooring sales slump as Brits spend less on home improvements July 23, 2024 British flooring specialist Headlam has had a challenging six months as it says people are spending less on home improvement projects, driving a slump in its revenue.
Booming Birmingham is a model for growth July 17, 2024 While most regions are witnessing declining growth, the West Midlands is bucking the trend, with Birmingham smashing records for attracting FDI, says mayor Richard Parker Today, the new Government will use the King’s Speech to put economic renewal at the heart of its legislative agenda and commit to hand power back to local leaders. There [...]