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Government
birmingham.gov.uk

Investments

1

Portfolio Exits

1

Partners & Customers

10

About Birmingham City Council

Birmingham City Council is the government that manages the city of Birmingham.

Headquarters Location

Council House Victoria Square

Birmingham, England, B1 1BB,

United Kingdom

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Latest Birmingham City Council News

'Pragmatic' discussions required as Birmingham City Council unveils troublesome budget

Feb 20, 2024

'Pragmatic' discussions required as Birmingham City Council unveils troublesome budget Europe's largest local authority is seeking reductions of £300m over the next two years Bookmark Birmingham City Council has announced huge planned cuts in its latest budget (Image: Birmingham Live/Martin O'Callaghan) Sign up to FREE email alerts from BusinessLive - West Midlands - articles, insight and analysis straight to your inbox every morning More Newsletters Subscribe Please enter a valid emailSomething went wrong, please try again later. More Newsletters We use your sign-up to provide content in ways you’ve consented to and improve our understanding of you. This may include adverts from us and third parties based on our knowledge of you. More info Thank you for subscribing! Group 28 Sign up to FREE email alerts from BusinessLive - West Midlands - articles, insight and analysis straight to your inbox every morning Invalid emailSomething went wrong, please try again later. Sign Up × A huge raft of cuts has been announced by Birmingham City Council as it unveils its latest budget - something requiring "pragmatic and open discussion", according to one business leader. Europe's largest local authority says it is aiming to save around £150 million in 2024/25 and the same figure again the following year. Among the proposals which could impact the business community are a reduction in cultural grants and trading standards and a move to bring in-house enforcement work for some council tax, business rates and business improvement district bids. The council's place, prosperity and sustainability team is also facing total savings of £8.36 million this coming year, including a redesign of the whole directorate and making business enterprise teams self-funding. It is also proposing to close its offices in Woodcock Street, Sutton New Road and New Aston House to save money, bringing more commercial stock to the market, while council tax will rise for residents by 9.99 per cent both this year and next. The budget news is the latest twist in the long-running problems facing the council after it issued a Section 114 notice last year, effectively declaring itself bankrupt. The complex was initially meant to be accommodating athletes and officials during the 2022 Commonwealth Games but the pandemic meant it could not be completed in time. Council leader Cllr John Cotton said the authority was facing a number of financial challenges and apologised "unreservedly" for the spending reductions and council tax increase. Sign up for your free West Midlands newsletter and follow us on LinkedIn Email newsletters BusinessLive is your home for business news from across the West Midlands including Birmingham, the Black Country, Solihull, Coventry and Staffordshire. "We have no alternative than to face these challenges head on and we will do whatever is necessary to put the council back on a sound financial footing," he added. "Our situation has been made much worse by a national crisis in local government finance. "A combination of austerity and underfunding - Birmingham has lost over £1 billion in funding since 2011 - added to a rising demand for services and inflation mean that across the country local authorities are facing some of the biggest budget challenges in living memory." Greater Birmingham Chambers of Commerce said it was hoping to secure talks with the authority in a bid to understand the impact of the cuts. Chief executive Henrietta Brealey said: "We are continuing to work through the implications for the business community. "While Birmingham continues to be a vibrant place to live, work, start and grow an enterprise, local authorities are important stakeholders in making our cities great places to do business. "That includes ensuring support for the most vulnerable in society. The significant financial strain Birmingham City Council is facing is well known. "What's critical now is a pragmatic and open discussion about the impact these cuts will have and what can be done to best mitigate the most challenging of them." Read More

Birmingham City Council Investments

1 Investments

Birmingham City Council has made 1 investments. Their latest investment was in Natural HR as part of their Seed VC on March 07, 2016.

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Birmingham City Council Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

3/7/2016

Seed VC

Natural HR

Yes

Midven, and Undisclosed Angel Investors

1

Date

3/7/2016

Round

Seed VC

Company

Natural HR

Amount

New?

Yes

Co-Investors

Midven, and Undisclosed Angel Investors

Sources

1

Birmingham City Council Portfolio Exits

1 Portfolio Exit

Birmingham City Council has 1 portfolio exit. Their latest portfolio exit was Natural HR on March 13, 2023.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

3/13/2023

Acquired

$99M

2

Date

3/13/2023

Exit

Acquired

Companies

Valuation

$99M

Acquirer

Sources

2

Birmingham City Council Partners & Customers

10 Partners and customers

Birmingham City Council has 10 strategic partners and customers. Birmingham City Council recently partnered with Aston University on May 5, 2023.

Date

Type

Business Partner

Country

News Snippet

Sources

5/17/2023

Partner

United Kingdom

Aston University unveils plans for innovation cluster with Birmingham City Council and Bruntwood SciTech

We look forward to formalising a partnership with Aston University and Birmingham City Council in support of a prosperous new cluster , focused on the core principles of location , people and innovation . ''

1

5/7/2023

Partner

United Kingdom

Arup and Birmingham City Council win prestigious award for partnership working

`` The partnership between Birmingham City Council and Arup demonstrates how the public and private sector can operate as one to provide efficient , integrated , and enhanced services for the benefit of the millions of citizens who depend on them at a scale that was unprecedented .

1

9/5/2022

Vendor

United Kingdom

OnSite wins place on Birmingham City Council drainage works framework - OnSite

OnSite , South Staffordshire Plc 's national wastewater and drainage specialist , has recently been appointed a four-year contract with Birmingham City Council following a competitive tender process .

1

11/30/2021

Partner

United Kingdom

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10

11/23/2021

Partner

United Kingdom

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10

Date

5/17/2023

5/7/2023

9/5/2022

11/30/2021

11/23/2021

Type

Partner

Partner

Vendor

Partner

Partner

Business Partner

Country

United Kingdom

United Kingdom

United Kingdom

United Kingdom

United Kingdom

News Snippet

Aston University unveils plans for innovation cluster with Birmingham City Council and Bruntwood SciTech

We look forward to formalising a partnership with Aston University and Birmingham City Council in support of a prosperous new cluster , focused on the core principles of location , people and innovation . ''

Arup and Birmingham City Council win prestigious award for partnership working

`` The partnership between Birmingham City Council and Arup demonstrates how the public and private sector can operate as one to provide efficient , integrated , and enhanced services for the benefit of the millions of citizens who depend on them at a scale that was unprecedented .

OnSite wins place on Birmingham City Council drainage works framework - OnSite

OnSite , South Staffordshire Plc 's national wastewater and drainage specialist , has recently been appointed a four-year contract with Birmingham City Council following a competitive tender process .

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Sources

1

1

1

10

10

Birmingham City Council Team

1 Team Member

Birmingham City Council has 1 team member, including former Chief Technology Officer, Chief Information Officer, Andrew Fullard.

Name

Work History

Title

Status

Andrew Fullard

Chief Technology Officer, Chief Information Officer

Former

Name

Andrew Fullard

Work History

Title

Chief Technology Officer, Chief Information Officer

Status

Former

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