Business News

City of Wolverhampton’s Heath Town regeneration scheme has been shortlisted for a Royal Institution of Chartered Surveyors (RICS) UK award.

The ongoing transformation of the housing estate is in the running for the national honour in the Refurbishment/Revitalisation Project category. Winners will be announced across the RICS network on Wednesday, May 18, 2022, and via YouTube.

Maximising on the ‘transformational initiatives’ taking place across Greater Birmingham will be key to putting the city and the business community on the map, according to a speaker at an event hosted by Greater Birmingham Chambers of Commerce last night, writes Claudia Congrave and Sophia Corness-Parr.

Business leaders gathered at Birmingham City University (BCU) to reflect on the performance of the Greater Birmingham business community in Q1, outlined in the Chamber’s Quarterly Business Report (QBR).

Uponor started in Q1 2022 offering PEX pipes, based on renewable raw materials, with a reduced carbon footprint of up to 90 per cent compared to fossil-based PEX pipes currently on the market. The new PEX Pipe Blue products have been launched in Norway, Sweden and Finland so far.

eola, an operating system for experience providers, and Snow Camp, a charity turning young lives around with the power of snowsports, are announcing their new partnership. They will work together over the coming years to raise funds to directly impact the young people Snow Camp supports and promote their life-changing work across the UK.

Gary Imrie has been named as an Avison Young Principal based in the firm’s Birmingham office. Avison Young is a Principal-led, people-first firm with more than 650 Principals across the globe. Principals are industry leaders who exemplify the collaborative culture and client-centric mentality, developing long-standing relationships with clients as partners.  

Barratt Homes and David Wilson Homes North Midlands has recently made a £1,000 donation to a Stapleford-based charity which supports young people who have experienced homelessness, and those who are at risk. Broxtowe Youth Homelessness helps people aged between 16 and 25 to not only prevent homelessness in the first instance, but also to provide those already without a home with the help they need to rebuild their lives and empower them to successfully move on.

Midlands planning consultancy Marrons Planning has bolstered its urban design service with the appointment of Jared McQueen-Pullen. Having launched the new service less than a year ago, the consultancy is strengthening the team in response to growing demand for architecture and urban design advice.

Jared joins the team from Dudley Council, where he was responsible for setting the vision and standard for design within in the borough.

Young professionals are being encouraged to submit an application to win an award at the Future Faces Chamber of Commerce’s highly anticipated awards ceremony this summer.

Celebrating the region’s young professionals and their achievements, the Future Faces Annual Dinner & Awards 2022 will take place at the ICC in Birmingham on Friday 26 August from 7pm.

SevenHomes, the regional housebuilder by SevenCapital Group, has secured planning permission from Birmingham City Council to deliver 27 new homes on the site of the former Ross House medical facility in Northfield. The 2.4 acre brownfield site was previously classed as surplus land, enabling it to be redeveloped and given a new lease of life with capital raised being injected back into NHS services.

Businesses across the West Midlands are invited to a networking event with a difference later this month, as the Ironbridge Gorge Museum Trust (IGMT) holds its second Business Bridge event of 2022.

Taking place on Wednesday 27th April at the Trust’s trendy cafe and restaurant the Furnace Kitchen in Coalbrookdale, the event will give businesses the opportunity to connect and network with others in the area.

A couple are taking action to help protect their newborn daughter’s future by becoming one of the first families to commit to purchasing a sustainable home on a pioneering development currently under construction.

Interest has been extremely high in Genesis Homes’ first carbon net-zero emitting 16-home development in the Cumbrian village of Calthwaite since the company launched its EcoGen project in February, with all homes to be fully powered by renewable energy sources.

Downtown in Business has teamed up with leading property company Bruntwood Works for the City of Birmingham Business Awards 2022.

Bruntwood Works will be the headline sponsor for the City of Birmingham Business Awards 2022, which acknowledge and celebrates companies and entrepreneurs that have made a successful and significant contribution to economic growth in the city region.

A new survey of Environmental, Social, and Governance (ESG) decision makers in the US and UK, commissioned by carbon credits ratings provider, Sylvera, has found that large US corporations are ahead of large UK corporations when it comes to creating their net zero strategies.

Over three quarters (78%) of US ESG decision makers surveyed said their company has a net zero transition strategy already in place, whereas only just over half (55%) of UK ESG decision makers said the same.

With its striking architecture and bustling atmosphere, Brummies will be no strangers to seeing photographers roaming the streets of the city in search of inspiration. A few have no doubt come across a young photographer called Dan Twist behind the lens at some of the city's most iconic sites over the last few years.

The number of higher rate taxpayers in the UK will rocket 65% in the next four years from 4.1million to 6.8million, according to the Office for Budget Responsibility.

The threshold for 40% tax has been frozen at £50,270 until April 2026. Without that freeze, it was expected the number of higher rate taxpayers would have risen steadily from 4.1m in 2021/22 to 4.8m by 2025/26. Previous OBR estimates suggested that freezing the threshold until 2026 would create an extra one million higher rate taxpayers on top of that.

Eolus and Hydro REIN have signed an agreement with MEAG regarding the sale of 75% of the shares in the 260 MW wind power project Stor-Skälsjön in Sweden.

The transaction covers 75% of the shares in the project company at an enterprise value of EUR 361.4 million (100% basis). Eolus is to sell all its shares amounting to 51% for a purchase price of EUR 18.4 million.