West Midlands
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Further education PFI deals hit £300m
Five big further education investment projects under the government’s private finance initiative were announced yesterday, taking to 34 the number of “pathfinder” contracts in the education sector, with a total…
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Mountview profits down
Mountview Estates turned in full-year pre-tax profits down from £9.32m to £7.89 on turnover up from £17.2m to £18.1m. The Daily Telegraph 19/6/96 page 33.
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Profits drop at Banner Homes
Pre-tax profits at Banner Homes fell 41% to £751,000 last year despite a 68% rise in sales by the housebuilder. The number of houses sold rose from 145 to 179.
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Allied Dunbar invests in Birmingham warehouses
Allied Dunbar has purchased the freeholds of two industrial units at the Centre Link Industrial Estate, Nechells, Birmingham, from Scottish Equitable for £1.475m.
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Cowie Group to buy British Bus as FirstBus lines up second rail deal
Cowie Group, the country’s sixth biggest bus operator, announced a £282m agreed takeover of British Bus, the third largest, yesterday. The deal creates an elite of three bus companies –…
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Springvale Business Park secures £16m investment
Metabrasive has chosen Springvale Business & Industrial Park, Bilston, West Midlands, for its new £16m steel abrasives production plant. The French-owned manufacturer has bought the freehold on 6.67 ha (16.5…
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Mitsubishi expands on Birmingham Business Park
Mitsubishi Electric PC Division, manufacturer of Apricot computers, is relocating its research and development division from the Birmingham University Business Park in Edgbaston to Arlington’s 2,495 sq m (26,845 sq…
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Daewoo set to build UK car plant
Daewoo Motor of Korea is close to a decision on a site for a £700m car factory in Britain. It is likely the firm will choose the West Midlands and…
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Gummer moves to split Hereford and Worcester
The Government is to reinstate the counties of Herefordshire and Worcestershire less than 24 years after they were merged and renamed Hereford & Worcester.
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Inspector caps expansion of Blythe Valley Park near Solihull
An inspector’s report into Solihull UDP has rejected long-term plans for the 38ha (94 acre) expansion of Blythe Valley Business Park.
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Unipart wins consent for 12ha factory complex on Black Country ACP
Unipart Group has won planning consent for a 41,650sq m (448,331sq ft) manufacturing and assembly plant at Wednesbury, West Midlands, on a 12ha (29 acre) site on the Automotive Component…
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US company invests in Malvern retail and business park
US packaging company Automated Packaging Systems has bought the freehold of a 1.82ha (4.5-acre) plot of land on Opus 3, a retail and business park in Malvern, Hereford & Worcester,…