Today's East Midlands business news from Insider |
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East Midlands
Friday 14 September 2018

Latest News

Top Story

Center Parcs edges towards £500m turnover but profits slip

Revenue at Nottinghamshire-headquartered holiday village operator Center Parcs has edged closer to the £500m mark but profits have slipped, new accounts have revealed.
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Insider Feature
Feature 1

Business Matters: The race to embrace technology

Neil Meredith, partner at EY, explains how mid-market companies are leading the way in embracing new technology and the Midlands being at the forefront of innovation.
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Deals

£20m fundraising move completed by global software firm

A global software company headquartered in the East Midlands has completed a share placing to raise £20m to fund further acquisitions.
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Barbon completes Movem acquisition

Barbon Insurance Group has snapped up open banking data-powered tenant referencing platform Movem.
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Nursery group secures £9.1m funding package

A Derbyshire-based day nursery group has secured a £9.1m funding package from Lloyds Bank Commercial Banking.
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Technology platform snapped up by Co-op Group

A technology platform based in Loughborough has been acquired by the Co-operative Group. It comes as the group's half-year sales increased by almost £500m towards the £5bn mark, while profits are also on the rise.
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Latest Discover England Fund recipients revealed

The latest successful bids for funding from the £40m Discover England Fund run by Visit England have been revealed.
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Insider Feature
Feature 2

Business Matters: Adapting your telecoms for a millennial workforce

Amelia Ebdon, marketing manager at Network Telecom, discusses how considering your office technology could help to attract and retain millennial talent.
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Business

Scanning firm predicts loss after aborted deal move

A Leicestershire scanning company has said it expects to make a loss for its current financial year following an aborted £3.25m acquisition of a Cambridge counterpart.
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Senior hires at Leicester law firm

A Leicester commercial law firm has made two senior hires to help launch its plot sales legal team.
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Estate agencies form partnership

A Derby estate agency has partnered with a counterpart in the city.
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Profits surge at Wetherspoons

Pre-tax profits have surged at JD Wetherspoon, although it warned taxes, labour and interest costs could take its toll in the year ahead. It comes after the pub giant confirmed it would stop selling EU-made beverages such as Jägermeister in the run up to Brexit, while chairman Tim Martin said there could be a "huge gain" for business and consumers if the UK adopts a free trade approach.
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Onecom signs £1.2m deal for Central England Co-operative

Independent telecommunications provider Onecom has signed a new £1.2m deal with Central England Co-operative to provide internet connectivity and voice call services.
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Insider Feature
Feature 3

Business Matters: Another stand-out year for Midlands dealmaking

Richard Whitwell, head of the East Midlands at LDC, reflects on another exceptional year for dealmaking in the Midlands.
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Property

Online pharmacy giant secures major East Mids base

One of the largest online pharmacy companies in the UK has signed the lease of a major new base in Leicestershire.
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Rejection for 1,000 student flats plans

Permission for more than 1,000 student flats in Lincoln has been rejected despite the plans being recommended for approval.
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Tee-off for indoor golf centre at historic former theatre

Plans have been given the go-ahead to transform the former Grand Theatre in Derby, which dates from the end of the 19th century, into an indoor golf centre.
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Refreshed bid for huge housing estate approved

Refreshed plans for more than 600 homes in Northamptonshire, which forms part of a wider scheme for more than 1,000 properties, have been approved.
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Green light for cinema and apartments project

A total of 132 new homes, a cinema and food and drink outlets are set to be constructed in Nottinghamshire after planning permission was granted.
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Thumbs-up for new homes plan at former factory site

The thumbs-up have been given to a major residential and industrial scheme in Leicester.
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Hines and Chancerygate launched joint venture

International real estate firm Hines and industrial developer Chancerygate have entered into a new joint venture which will target prime sites across the UK for high quality urban logistics projects
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Homes bid deferred at committee

Plans for almost 50 homes in Northamptonshire have been deferred after being recommended for refusal.
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Contract awarded for £5.6m school redevelopment project

An international support services and construction group has been awarded a £5.6m contract to redevelop a Leicestershire secondary school.
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Manufacturing

Results surge for frozen food firm

A Northampton-based frozen food distributor, which has deals with the likes of Pork Farms, Gosh and Linda McCartney, has increased its turnover and profits during its latest financial year, new accounts have revealed.
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Mixed year for historic global chemicals firm

Turnover has broken through the £200m mark at a global chemicals company which was founded almost a century ago and is headquartered in Northamptonshire, new accounts have revealed. However, the company's profits took a hit.
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Trade mission invite for Midlands firms

Midlands businesses in the future mobility sector have been invited to join a trade visit to India.
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Other News

£1bn loan fund to support housebuilders

Nationwide invests £1.3bn in new technology

2018 Midlands Top 500 Companies available now - contact 1000s of decision makers

Member Exclusive News

Manufactuer expands Notts base

A Nottinghamshire manufacturer of road, race and rally wheels has expanded into new premises.
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