Local Business Headlines
£28m investment revealed for electric battery centre
The government will spend a further £28m on a national electric vehicle (EV) battery ‘centre of excellence’
https://airqualitynews.com/2019/05/16/28m-boost-for-coventrys-ev-battery-centre-of-excellence/
Lotus gearing up for new Warwickshire base
Lotus Cars has revealed plans to open a new engineering office in Warwickshire as part of its plans to hire 200 new staff this year.
https://www.insidermedia.com/insider/midlands/lotus-gearing-up-for-new-west-mids-base
Multimillion-pound stadium plans drawn up
Multimillion-pound plans are being drawn up for a new community stadium between Warwick and Leamington which could include a health centre and hotel as well as a local store and car showroom.
https://www.insidermedia.com/insider/midlands/multimillion-pound-stadium-plans-drawn-up
Gin Cruises coming to Warwickshire
Gin-lovers can now enjoy the taste of the locally-distilled drink whilst seeing the riverside sights of Stratford on the first 40-minute gin cruise to launch in the county.
https://www.leamingtoncourier.co.uk/news/people/gin-cruises-coming-to-warwickshire-1-8929465
Nuneaton’s transformation given £1.5m boost
A plan to transform Nuneaton town centre has been given a £1.5m boost.
Warwickshire County Council has agreed in principle to contribute the funds to support the purchase by Nuneaton and Bedworth Borough Council (NBBC) of the town centre's Co-operative building, as part of the Transforming Nuneaton (TN) programme.
https://www.insidermedia.com/insider/midlands/town-centres-transformation-given-1.5m-boost
£10m investment plan for new technology centre in Leamington Spa
Part of a globl industrial, metals and energy group has invested in a new technology centre in Leamington Spa
https://www.insidermedia.com/insider/midlands/10m-investment-plans-revealed-for-new-technology-centre
Bravissimo reaps benefits of investment
Revenues have edged towards the £60m at lingerie retailer Bravissimo, with profits also growing, as the brand begins to reap the benefits of investment in its estate, staff and marketing.
https://www.insidermedia.com/insider/midlands/bravissimo-reaps-benefits-of-investment
Snack food firm eyes £100m turnover after warehouse deal
A Leicester-based snack company has announced a £20m investment programme after acquiring an additional food production and warehousing facility to cater for significant growth and expansion. The business said the move will help grow its turnover to more than £100m.
https://www.insidermedia.com/insider/midlands/snack-food-firm-eyes-100m-turnover-after-warehouse-deal
Fernando Alonso signs deal with Codemasters
Two-time F1 world champion Fernando Alonso is to become a race consultant for video game developer Codemasters and appear in its new GRID title which is set to be released later this year.
https://www.insidermedia.com/insider/midlands/alonso-signs-deal-with-video-game-maker
Coventry & Warwickshire Growth report revealed
This year’s growth report from the BDO highlights the fastest growing companies in the region
https://www.bdo.co.uk/en-gb/insights/locations/birmingham/coventry-and-warwickshire-growth-report