The Midland Group

March 7, 2024

UK accounting watchdog in talks to leave City of London

...It comes as the audit watchdog’s plans to relocate staff from London to a second office in Birmingham in the West Midlands this year face delays....

March 11, 2024

FT Live

Inside Politics: who will win the UK general election?

Exclusively for FT subscribers

InterviewConservative Party UK

Tories must stop ‘posturing’ if they are to win UK election, warns Andy Street

...“I hope they will also learn that the way we won [the West Midlands] twice in the past . . . is by being moderate, inclusive and of course drawing in all that middle ground vote as well.”...

April 22, 2024

ReviewTelevision

This Town, BBC1 review — Peaky Blinders creator’s love letter to the Midlands

...Part coming-of-age tale, part multigenerational family drama, the show is set against the backdrop of the Birmingham riots; the West Midlands music scene; and the IRA’s mainland campaign in the early 1980s...

March 29, 2024

HS2

City mayors put forward alternative to axed HS2 northern leg

...Experts enlisted by the leaders of the West Midlands and Greater Manchester concluded that a new line was still needed to fill in the “missing” transport link between the two biggest city regions outside...

March 21, 2024

News in-depthUK by-elections

‘Tumbleweed’ Tory campaign leaves Labour hopeful of victory in Midlands by-election

...It’s quite a traditional bit of Midlands urban England,” he added....

February 14, 2024

FT Live

Future of the Car

The technology and new business models shaping the next decade in automotive

ExplainerUK local elections

Will Rishi Sunak be crushed by the May 2 local elections?

...The mayoral contests will largely take place in solidly Labour areas including London, Greater Manchester, Liverpool and the East Midlands as well as in Tory-held West Midlands and Tees Valley....

April 19, 2024

Letter

Letter: Energy efficiency in homes

...May I remind you and your readers that the tragedy at Grenfell Tower was caused by retrofitting the wrong insulation. Barrie Moore Architect, Dudley, West Midlands, UK...

January 12, 2024

News in-depthRoyal Mail

Robot arms and the humble postie: how Royal Mail plans to deliver

...The Midlands hub employs 700 people, mostly redeployed from other nearby facilities....

April 5, 2024

LexArcher Daniels Midland Co

ADM accounting investigation thrusts agricultural trader into the spotlight Premium

...It made around $7.6bn in revenue in 2022, or 7.5 per cent of the group’s total. Its share of group operating profit was bigger, at 11 per cent....

January 22, 2024

LexHelen Thomas

The Lex Newsletter: Big is still beautiful Premium

...Still, if you want proof that the bleating about London has gone too far, take a look at Wood Group....

April 17, 2024

Inside Politics

UK’s electoral landscape swings into volatility

...In a poor start to my last year of £5 tickets, my regular D&D group conflicts with this very good-looking concert by the Nash Ensemble next week....

March 21, 2024

Rail

Disjointed rail planning leaves UK train builders facing closure

...Rail Forum estimates the Alstom closure could put at risk between 5,000 and 7,000 jobs in the railway supply chain, many of them in SMEs across the Midlands....

April 11, 2024

News updates from March 1: Nvidia closes above $2tn valuation, Gunvor to plead guilty to US bribery charges

ADM becomes latest US group to delay annual report because of problems with internal controls

...Commodity trader Archer Daniels Midland said it had delayed the publication of its annual report and expected to disclose “material weakness” in its internal financial controls as it grappled with probes...

March 1, 2024

UK labour disputes

UK train passengers hit by fresh wave of disruption as drivers strike

...The Rail Delivery Group, which represents the industry, said: “We are sorry that this round of strikes called by the Aslef leadership risks disrupting journeys . . . we will work with our industry partners...

April 5, 2024

FT Live

Transforming the Finance Function with AI

Strategies for delivering advanced analytics, automation and decision-making

Archer Daniels Midland Co

ADM accounting probe reveals nutrition profits overstated up to 10%

...Archer Daniels Midland, the global agricultural commodities merchant, overstated historical profits at its fast-growing nutrition business by up to 10 per cent, it said on Tuesday, setting out for the first...

March 12, 2024

LexASML Holding NV

ASML’s poor quarter is not a good reason to fret about its future Premium

...This makes for uncomfortable reading, especially given the group’s strong share price run. Indeed, its stock fell about 6 per cent on Wednesday....

April 17, 2024

News updates from January 26: ICJ grants South Africa’s request for emergency measures in Gaza, US core PCE dips below 3%

ADM CEO says group is ‘not perfect’ amid accounting investigation

...The chief executive of Archer Daniels Midland told employees on Friday that the company was “not perfect” and that it would fix any potential issues following an announcement last weekend that it had opened...

January 26, 2024

Rishi Sunak’s first Tory conference speech as leader: as it happened

Tory West Midlands mayor Andy Street will not quit despite HS2 disappointment

...Andy Street, the Tory mayor of the West Midlands, has said he will not resign despite being “very disappointed” that Rishi Sunak cancelled the northern sections of the HS2 rail link....

October 4, 2023

Archer Daniels Midland Co

Commodity trader ADM probes accounts and puts finance chief on leave

...The group reported more than $100bn in revenue in 2022....

January 22, 2024

High Speed Two Ltd

Planning applications jump fourfold along course of HS2

...the city and wider West Midlands region....

February 17, 2024

UK manufacturing

Alstom close to securing new train order for UK plant

...The new hope for the factory came after the Treasury agreed to fund new Elizabeth Line trains because of the strong demand for the service through central London since it opened in 2022, Harper wrote in...

April 16, 2024

Accountancy

Investors left in the dark after US companies fail to file on time

...The agricultural products group Archer Daniels Midland, which put its chief financial officer on leave in January while it investigated accounting practices at its food ingredients business, said on Friday...

March 1, 2024

UK labour disputes

UK train drivers vote for further round of strikes

..., accusing the group of “inflicting huge damage” on the region’s economy over the past two years....

March 20, 2024

UK local government finance

Bankrupt Birmingham council takes drastic steps to balance the books

...down the line....

February 19, 2024

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