Black Country news and blogs Tuesday 12 August 2014
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Company reports

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Improved sales give rise to more Firkins 

15 Dec 09

An historic Black Country bakery firm is to open new stores across the region just over a year after being saved from administration. Firkins, which has its head office in West Bromwich, has launched a new recruitment drive for managers and part-time shop staff and is opening new stores in Dudley and Acocks Green over […]

GKN expects profits of up to £80m 

16 Dec 09

Automotive and aerospace firm GKN is expected to make up to £80 million profits this year after it revealed to investors that trading had been better than expected…

Construction news
Aldridge Shaylor Group sales up 32% 

John Cranage 6 Oct 09

Aldridge building contractor Shaylor Group has produced a recession-beating set of annual figures after winning a tranche of contracts covering both private and public sector projects…

Punch Taverns pub sale wipes out over £1bn in debt 

Tom Scotney 26 Aug 09

Pub company Punch Taverns has clawed back more than £1bn of debt after a massive sell-off of its network of pubs…

Commercial property
Retail rents to fall by nearly a quarter warn Colliers CRE 

2 July 09

The worst economic recession since the 1930s will see retail rents fall by almost a quarter, according to the latest findings by Colliers CRE. The fall in the region by up to 23.2 per cent will be in line with the national average by the end of 2010 claims the company’s 2009 Midsummer Retail Report…

Business news
Nationwide profits blow 

28 May 09

The underlying profit at the mutually-owned building society, Nationwide, fell by half to £393 million, squeezed by the need to lend less of its available funds to maintain liquidity…

Business news
Virgin Atlantic’s profits boost 

27 May 09

Virgin Atlantic piled on the misery for struggling rival British Airways after announcing it had virtually doubled its annual pre-taz profits from £34.8 million to £68.4 million in the year to February, despite a backdrop of volatile oil prices and a deep recession. The results contrast with BA’s record annual operating loss of £401 million…

Business news
Debenhams report half-year profits of £104m 

24 Apr 09

Department store Debenhams has given a timely retail sector boost with strong profits and a bullish trading update…

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