• West Midlands Rail Executive welcomes Williams-Shapps Plan for Rail

    The West Midlands Rail Executive (WMRE) has today welcomed the publication of the Government’s new Williams-Shapps Plan for Rail.

    WMRE, the public sector body which jointly specifies and manages the region’s West Midlands Railway services in partnership with the Department for Transport, believes the plan can help the rail network adapt and meet changing post-COVID requirements.

    Councillor Peter Butlin, chair of WMRE, said: “This is an historic moment for the West Midlands rail network as it brings to an end a quarter of a century of inefficient fragmentation within the rail industry.

    “The Williams-Shapps Plan sets out a clear vision for a greener, more customer-focussed railway, based on collaboration and the devolution of key decision-making to the most appropriate regional level. The rail industry urgently needs to adapt to the changing post-COVID requirements of passenger and freight customers, and the proposals put forward in today’s Government White Paper should help ensure that the railway is able to respond to current and future challenges in a more effective, more efficient and more sustainable way.”

    Other key “Williams-Shapps” proposals welcomed by WMRE include:

    ·         The introduction of flexible season tickets to assist commuters in adjusting to new ways of post-COVID working

    ·         A more integrated ‘one stop shop’ approach to retailing of different train operator tickets, a simpler, more easily understandable ticketing structure and a more consistent passenger offer

    ·         A focus on reducing inefficiency and unnecessary duplication of activity within the rail industry and lowering whole industry costs

    ·         Faster delivery of rail network enhancements and new stations and services

    Malcolm Holmes, WMRE’s executive director and Transport for West Midlands (TfWM) director of rail, welcomed the Government’s commitment in the plan to a modern and green railway with a focus on decarbonisation and improving air quality.

    “Tackling air quality at city centre stations such as Birmingham New Street should rightly be a priority for the new ‘Great British Railways’ organisation,” he said. “We can hopefully now also look forward to progressing the further electrification of our West Midlands rail network, starting with the Birmingham Snow Hill lines which link Warwick, Stratford-upon-Avon and Solihull with the Jewellery Quarter, Cradley Heath, Stourbridge, Kidderminster and Worcester.”

    Ahead of the Government announcement, WMRE has been instrumental in driving forward regional changes on the network with the establishment of the West Midlands Grand Rail Collaboration (WMGRC). 

    The WMGRC has successfully brought together infrastructure owner Network Rail, passenger and freight operators, passenger representatives and rail industry specifiers/funders to enable a more co-ordinated, pan-industry approach to rail service provision and rail infrastructure improvements.

    One example of this new approach has been the recent replacement of track on the Stourbridge Town branch line, resulting in an improved passenger experience for users of the popular “Stourbridge Shuttle”. West Midlands Rail Executive is the partnership of 16 West Midlands Local Authorities co-managing the West Midlands Railway franchise with the Department for Transport, and planning the strategic future of the West Midlands rail network in conjunction with rail industry and local authority partners.

  • West Midlands secures £10.3m to develop skills to boost the regional economy

    The West Midlands has secured over £10m of funding to enable further education colleges and training providers to train local people to land good jobs in new and growing industries in the region.

  • West Midlands secures £5.3 million for projects to breathe new life into communities

    Eight locally-led projects designed to offer people new skills and new opportunities have been awarded more than £5m funding as part of the Government’s plans to level up communities.

    These include skills training for those impacted by the economic fallout from the Covid-19 pandemic and projects to close gaps in support for key groups such as the over 50s and those with a history of offending.

  • West Midlands sets out vision for green transport revolution at Highways UK conference

    The West Midlands is driving towards a clean and green transport future as the region seeks better ways of managing our road networks and harness new ideas and new technology.

    That was the message from West Midlands Combined Authority (WMCA) interim chief executive Laura Shoaf in a keynote speech to transport industry leaders at the Highways UK conference at the NEC in Birmingham.

  • West Midlands shows leadership in face of energy crisis

    The West Midlands Combined Authority (WMCA) is showing its commitment to helping residents and businesses through the global energy crisis, with several initiatives aimed at reducing carbon emissions and slashing ever increasing energy bills.

    The region had already been experiencing high levels of fuel poverty before Covid and the Ukraine crisis, and with energy prices expected to continue to rise for households in the months ahead the WMCA’s Energy Capital team has been focusing on securing government funding for new initiatives that could help lessen the impact.

  • West Midlands small businesses encouraged to apply for Brexit Support Funding before June 30 deadline

    With two weeks to go before the deadline, small and medium sized businesses in the West Midlands are being encouraged to apply for funding to help them adapt to new customs and tax rules when trading with the EU.

    The £20m Brexit Support Fund, which closes 30 June, enables businesses who trade with the EU to access up to £2,000 of funding for practical support including training and professional advice on new customs, rules of origin and VAT processes.

    Since launching in March, more than 12,000 businesses across the UK have registered for the fund. In the West Midlands, 264 businesses have submitted applications, with a total of £396,859 in funding applied for so far.

    Katherine Green and Sophie Dean, Directors General, Borders and Trade, HM Revenue and Customs (HMRC) said: “Smaller businesses who trade with the EU have a vital role in our economy and we understand they may have experienced a more challenging time than larger businesses in adapting to changes. We would encourage small and medium businesses impacted by new importing and exporting rules, to apply for funding today.”

    To be eligible for the grant, businesses must have no more than 500 employees and turnover no more than £100m. They must only import or export goods between Great Britain and the EU, or move goods between Great Britain and Northern Ireland.

    If businesses already import or export goods to and from a non-EU country, they are not eligible.

    In addition to the funding, small and medium businesses can access specialist advice and support:

    Additional support is available to businesses moving goods between Great Britain and Northern Ireland through the Trader Support Service.

  • West Midlands submits Investment Zones bid to drive economic growth, new homes and jobs

    The West Midlands has announced its formal submission to Government for a package of Investment Zones capable of accelerating economic growth and delivering tens of thousands of new homes and jobs. If accepted by Government, the zones have the potential to boost the regional economy by more than £4.7bn a year, creating 65,128 new jobs, 18,616 new homes and 3.1m sqm of commercial space.

  • West Midlands Tourism Awards 2022 launched to hail sector’s resilience

    Applications are now open for businesses to enter the second annual West Midlands Tourism Awards, which will celebrate the strength and resilience of the region’s visitor economy following the Covid-19 pandemic.

    Tourism and hospitality venues across the West Midlands are encouraged to apply to compete for honours in 14 categories, including Large Visitor Attraction of the Year; Experience of the Year; and the Accessible & Inclusive Tourism Award.

  • West Midlands Travel Company Scoops Industry Award

    West Midlands-based business, Your Co-op Travel, is celebrating multiple award-wins, following the prestigious Travel Weekly Agent Achievement Awards, which took place in London on 16 September 2021.

    Part of The Midcounties Co-operative, Your Co-op Travel has its regional head office in Walsall and 76 branches across England’s mid counties, including 19 in the West Midlands.

  • West Midlands unveils £15bn of investment opportunities at MIPIM

    The Mayor of the West Midlands, Andy Street, has launched £15bn worth of housing, regeneration, commercial and infrastructure development opportunities to international investors at the MIPIM property conference in Cannes, South of France.

    MIPIM is the world’s leading real estate event, bringing together over 20,000 property professionals from around the world, including over 4,000 investors, representing hundreds of billions of pounds in capital.

  • West Midlands young planning professionals nominated for prestigious regional awards

    Three young planners and six planning schemes are in the running to win at this year’s Royal Town Planning Institute (RTPI) West Midlands Awards for Planning Excellence.

    Projects nominated for the prestigious RTPI West Midlands Award for Planning Excellence include large infrastructure schemes, state of the art housing and sports facility redevelopment.

  • West Mids law firm launches expert food and drink sector group

    West Midlands law firm Shakespeare Martineau has launched a new food and drink sector group to provide a full-service legal offering to support the industry, which is valued at more than £100 billion.

    Offering tailored advice and a one-stop-shop to the food and drink market, the group covers commercial, employment, corporate and real estate law, alongside intellectual property, business immigration, landlord and tenant disputes, commercial disputes, food regulatory and uninsured loss recovery advice.

  • Westminster Abbey 'dealt shattering blow'

    With more than 90% of its income comes from visitors paying an entrance fee, Westminster Abbey has declared that it is down more than £12m in revenue this year and is set to make about 20% of its staff redundant as a result of the lockdown. It closed its doors on 20 March and only began to reopen for limited tourist visits on July 11.

    The dean of Westminster Abbey, the Very Rev Dr David Hoyle, said: “The coronavirus had dealt a shattering blow to the Abbey's finances”.

    Separately, the Church of England's 42 cathedrals are projected to be down more than £28.4m on what they thought their budgets would be this year.
    They are projected to lose another £15.5m next year.

    The Association of English Cathedrals, which represents Westminster Abbey and the Church of England's 42 cathedrals, warned job cuts would hit churches around the country when the government's job retention scheme ended in October.

    The Abbey's financial reserves would be depleted by a third from September, Dr Hoyle said, and would continue to fall as visitor numbers were not expected to return to pre-pandemic levels for up to five years.

    "There is a real need here," he said, warning Westminster Abbey expected a similar "breathtaking" loss of between £9m and £12m next year as well.

    The Abbey is open for services and visits, but numbers are limited as social distancing is enforced.

  • Westside BID invests £20k in super clean green machine to keep pavements spotless

    Westside Business Improvement District (BID) has invested £20,000 in an Eco City Picker to keep pavements in and around Birmingham’s ‘golden mile’ of Broad Street clean.

    The battery-powered giant street vacuum will be launched at 8am on Monday 19 December next to the Black Sabbath Bench on Broad Street by Councillor Majid Mahmood, Cabinet Member for Environment at Birmingham City Council.

  • What do the ongoing Brexit negotiations mean for professional services?

    Negotiators from the UK and EU are to begin a new push to reach agreement on post-Brexit trade after both sides agreed "to go the extra mile". A UK source said the "process still has some legs" but Boris Johnson has warned no-deal is the "most likely" outcome. A deadline to finish talks had been set for Sunday, but the prime minister and European Commission President Ursula von der Leyen agreed to an extension. They did not say how long these latest talks would continue, but the ultimate deadline is 31 December, when the UK is due to stop following EU trading rules.

    Talks will continue and many, especially in financial services, will hope to reach a deal that will allow them to continue to do business with the EU. Even with a deal in place, there will be significant changes for firms to adapt to in almost every area of their firms. Back in October, the House of Lords' EU subcommittee published a report stating the UK’s accountants, lawyers, recruiters, architects and advertisers are under risk of losing contracts and jobs when Britain formally leaves the bloc in January. 

    Despite this, there were reports that corporate lobby group insiders said that the discussions on Brexit preparations by professional services firms were constructive. A Brexit trade deal could run to 600 pages of legal text and must be rapidly translated into easily accessible and readable guidance for businesses, a source said after the meeting of the Government’s Brexit business taskforce.

    Chris Biggs, Partner at Theta Global Advisors, commented on the role that professional services have in the Brexit process and what they could look like come January: "With businesses having to prepare for a new supranational trading environment in a matter of weeks, there is still a huge amount of speculation of what it could mean for a number of sectors that trade nationally and globally. In the professional services space, many clients will be impacted heavily by Brexit, so they are trying to understand their new working rules and regulations as quickly as possible. 

    “Legal and consulting firms hold an important role in deciphering a deal if it comes, and the framework and intricacies that it entails, or what the rules will be around a no-deal and future trade. Many firms will have used this time to try and prepare the best they can for 2021, but when the new rules are in practice, many will call on the professional services market to ensure that there are adhering to both the UK and European rules of the future. One large area that is bound to be heavily impacted by Brexit is systems and data. Questions have already been asked about the adequacies of the UK's data laws, so firms may be looking to implement new systems to deal with both EU and UK law if a compromise isn't agreed.

    “Therefore, consulting firms that can help businesses with this will be in demand in the coming weeks, and while the House of Lords' EU sub-committee raised potential concerns in the sectors, businesses will be relying on these firms to help them get through this period. If firms correctly pivot and provide support to their clients in a timely fashion, the sector could find itself in a new business arena, helping to secure the next generation of clients both at home and on the continent." 

  • What to do if booked on bankrupt FlyBe

    FlyBe – which has just stopped operation and gone bankrupt - was the largest independent regional airline in Europe before 2019 It has 1931 staff. For anyone whose ticket was paid for on American Express, Diners Club, Discover, VISA, or MasterCard, are advised to contact their card issuer and dispute the charge – and get a refund.

  • Where are the most successful new businesses opening in the UK?

    Research from CMC Markets has revealed Reading as the UK city opening the most successful new businesses in the last five years, with just 0.13% going into liquidation. 

    The study used business intelligence software, Endole, to analyse how many businesses were incorporated in the UK’s largest 25 cities from December 2017 to December 2022 compared to the number that went into administration, liquidation, or were dissolved. Alongside Reading, Stoke-on-Trent, Plymouth, and Cardiff are also home to some of the UK’s most thriving businesses and entrepreneurs. 

  • Where is the most lucrative place to be an estate agent?

     

    The latest research by leading property recruitment specialists, Rayner Personnel, has revealed which areas of the UK offer the greatest potential earnings for estate agents operating in that particular market.  

    Rayner Personnel looked at the average monthly earning potential on offer across each of the UK’s regions and major cities, based on the average fee and the average number of monthly property transactions. The research shows that across Britain, there is some £274.4m up for grabs in estate agency commission every month.

    In England, the current average fee of 1.5% means that potential earnings hit £248,667,842 per month, based on the average earning potential of £3,774 per property completion, multiplied by the 65,895 transactions that take place on average every month.  

    Regionally, London tops the table as the most lucrative region for estate agents based on monthly earning potential. With an average fee of £8,501 and an average of 6,867 sales each month over the last year, there is a potential £58.37m to be earnt each month in the capital.

    The South East isn’t far behind (£56.29m), followed by the East of England (£34.18m), the South West (£32m) and the North West (£21.13m).

    Outside of London, Edinburgh is the second most lucrative city. On average, 953 transactions completed every month over the last year, generating a potential £3.26m in estate agency income on a monthly basis.

    Birmingham (£2.99m), Leeds (£2.71m), Bristol (£2.31m), Bournemouth (£2.3m), Sheffield (£1.61m), Glasgow (£1.56m), Cardiff (£1.47m) and Manchester (£1.27m) also rank as some of the most potentially lucrative major cities for estate agents on a monthly basis.

    Founder and CEO of Rayner Personnel, Josh Rayner, said:  “London is always going to drive the market in terms of volume and estate agent earning potential due to the generally higher fees. However, it’s important to remember that while these potential earnings differ by region and city, so too does the number of agents battling it out for this business.  

    “The threat of the online and hybrid model hasn’t escalated to the levels previously expected, but they still pose a threat in terms of acquiring transactions across the UK which will also reduce available income.  

    “While we appreciate that not every agent charges the average fee for their services, we wanted to highlight that the UK property market is alive and well despite wider uncertainties and estate agents can still make a very good living.  

    “Of course, one way to ensure you acquire as much potential business as possible is to have the very best team, delivering the very best service in your given area. This comes down to hiring the right people, with the right attitude and this can be the difference when it comes to staying ahead of the competition.”

  • Who is Akshata Murty - the woman behind Rishi Sunak?

    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.

  • Why Birmingham has to work to be a real equal opportunity employer

     

    Cllr John Cotton, Cabinet Member for Social Inclusion, Community Safety & Equalities, on how the council, already leading the charge on tackling inequalities affecting Birmingham’s diverse population, is turning the spotlight on itself as an employer

    “Next week (10 November) I will present what can only be described as a ‘difficult read’ to my Cabinet colleagues – a report which clearly shows some of our Black, Asian and Minority Ethnic staff are paid less or are less likely to be appointed over white applicants. 

    “Does that sound fair to you? The gap between opportunity, recruitment and retention that council staff from the city’s Black, Asian and Minority Ethnic communities have faced for years.

    “As one of Birmingham’s major employers, we know we can - and must - do better. However, I don’t think we’re alone in this – if other organisations turn the spotlight on themselves, they are likely to find similar unsettling truths. Indeed, some organisations are already contacting us for advice on this.

    “As the largest local authority in Europe and home to a diverse population of over one million people - we have to be big enough to admit that we have a problem and we need to take rapid action to do something about it. Bluntly, we must lead by example if others are to follow.

    “That is why Birmingham City Council is one of the first local authorities to carry out a Workforce Race Equity Review which reveals that as an organisation we don’t reflect the demographics of our city with 67% of Black, Asian and Minority Ethnic staff being in operational or front-facing services, and we don’t recruit sufficient Black, Asian and Minority Ethnic staff at supervisory and management levels. There is also a need to review roles where promotion, recruitment and career pathways are concerned

    “Stark facts require a radical answer. So, we have set ourselves an ambitious aim to ensure the council’s workforce truly represents Birmingham and to eliminate the pay gap identified in this report.

    “A comprehensive action and implementation plan has been drawn up to help us address those systemic inequalities in our workforce and make the changes we need to make to put things right.

    “Work has already begun in some key areas, such as recruitment and selection, culture change and rebuilding staff trust. It requires us all – politicians and officers to step up and play our part in delivering change.

    “That’s why the Leader of the Council, Ian Ward, and all of my Cabinet colleagues are committed to this – together with the interim Chief Executive Chris Naylor and the council’s Leadership Team.

    “In September, I outlined the council’s proposals on how we are aiming to tackle the inequalities that people face in communities and neighbourhoods across our city. This report is the vital next step in this work.

    “I know this won’t be easy, but that must not stop us doubling down on our efforts to see change happen across the city. And that change must start with getting our own house in order.

    “Our work will not stop there to ensure inequalities are no longer a fact of life in 21st century Birmingham.

    “As this report makes clear, we have much to do to ensure we offer a truly level playing-field to our staff and those who wish to join the council’s workforce.

    “I’m determined that our great city seizes this opportunity to make the changes that our citizens and communities need and deserve, so we must – and will – lead from the front.”

    • To read the Cabinet report, review and action plan in full, click here