News

Business leaders in Coventry and Warwickshire have welcomed the latest economic growth figures – but say it is still a very mixed picture.

GDP – the measure of economic activity – grew by 0.2 per cent in the second quarter of 2023, including 0.5 per cent growth in June.

Over 20,000 jobs have been created in Coventry and Warwickshire in the last nine years through foreign investment, making it one of the most successful areas in the country.

Work has begun on a new state-of-the-art delivery office for Royal Mail in Nuneaton.

The new 18,000 sq ft facility is being constructed on a two-acre brownfield site which was formerly part of the Stanley Brick Works at Bermuda.

Thousands of professional tradespeople from across the Midlands will be heading to Coventry for a trio of tradeshows – with a charity also highlighting the practical, financial and wellbeing support for people facing adversity in the construction industry.

A multi-year deal has been agreed for an award-winning microbrewery to open a new bar at Coventry Building Society Arena. 

Dhillon’s Brewery has opened the ‘Dhillon’s Lounge’ which will be used for concerts and matchdays, and is bookable for other events throughout the year.

A well-connected industrial unit in Northamptonshire has been sold for £3.2 million.

Warwickshire-based The Wigley Group has sold Unit 1-7 Crick Industrial Estate, Eldon Way, to a London-based real estate investment firm.