Birmingham in global Top 50 for prime office occupation costs

Birmingham has emerged as one of the world’s Top 50 most expensive office markets.

According to new research by property consultancy CB Richard Ellis, the cost (including rent, rates and service charges) of occupying prime space in the city is £43.99 per sq ft, though still around a third of the cost of London. 

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Evenacre notches up first acquisition

Midlands-based property start-up Evenacre has got off the mark with its first acquisition.

The new company, headed by former Maximus managing director Paul Jones, has bought Victoria House in Birmingham’s Colmore Row, for £1.5million.

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Tough times ahead, warns Ken Clarke MP

Ken Clarke, Rushcliffe MP and Shadow Secretary of State for Business, Innovation and Skills, was in Nottingham recently to address an audience of business leaders from across the East Midlands.

The former Chancellor of the Exchequer was the guest speaker at an Entrepreneurs’ Dinner, organised by business advisory firm Deloitte, at Harts restaurant.

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Supply chain management key to survival in the downturn

In order to survive and thrive in the downturn, manufacturers need to be tactical in their approach to supply chain management, according to industry experts at business advisory firm Deloitte.

Jane Lodge, Midlands manufacturing industry leader at Deloitte, said companies needed to make critical supply chain decisions in order to withstand the downturn and be in a strong position for the recovery.

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Law firms hope improvements in business confidence will lead to new instructions

Fee income at the UK’s Top 100 law firms decreased by 4.3 per cent in Q4 (quarter ended 30 April 2009) compared with the same period last year, according to the latest figures from business advisory firm Deloitte.

As many firms’ annual results are being released, Deloitte’s Quarterly Legal Sector Survey found that performance in the sector has continued to decline with the Q4 results having a noticeable negative impact on firms’ full year results. 

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Midlands Media Awards flying high

The final few tickets for this year’s Midlands Media Awards are flying out of the door – which is very appropriate, given that the event is being sponsored by Birmingham International Airport.

It is the second year that Birmingham Airport (BIA) has sponsored the awards, which culminate in a glittering finale next week at New Bingley Hall, Birmingham.

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Birmingham misses out on trend for weekend breaks

Increased weekend leisure demand is driving a recovery in UK hotel revenues but Birmingham is yet to benefit from this trend, according to research from business advisory firm Deloitte.


Although overall revenue per available room (revPAR) during the past five months has remained negative, the pace of decline has slowed and some markets are actually showing gains on 2008’s numbers. Continue reading