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Fine for firm after delay on accounts

A housebuilder with developments across the West Midlands is facing a fine after missing a deadline for filing its accounts.

Firms’ pledge to aid 2012 athletes

Businesses in the West Midlands are to raise an average of £60,000 each to give local athletes the best possible chances of success in the 2012 Olympics.

Jaguar will scale back production

Jaguar is to join a list of British carmakers to cut production as the UK motor industry struggles to deal with plummeting demand for motor vehicles from customers in Western Europe and the US.

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Jobless total is on the increase

Unemployment has rea-ched its worst level for almost a decade, figures released today reveal.

HBOS in merger link with Lloyds TSB

Lloyds TSB is in advanced merger talks with troubled mortgage giant HBOS to create a UK retail banking giant, it was reported today.

West Brom firm claims are denied

The boss of the West Bromwich, the Black Country’s biggest building society, today emphatically denied rumours that the business could be taken over - with speculation the firm was vulnerable due to the credit cruch.

Bmi may be snapped up in takeover

Midland-based airline bmi could be taken over by a Middle Eastern operator, according to reports today.

Radio sell-off plans

Global Radio, Britain’s biggest commercial radio operator, will this week start the sale of stations in the West Midlands.

Poundland owners put stores on market

West-Midlands-based budget store chain Poundland is to be put up for sale, according to reports.

US bank giant files for bankruptcy

US investment bank giant Lehman Brothers has filed for bankruptcy protection after a rescue package failed to emerge.

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