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East Midlands
Thursday 11 June 2020

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Directors pleased with continued growth and return to profit

The directors of an online flooring retailer based in Leicestershire have said they are "pleased with the continued growth" of the business and its return to profitability following an investment period.
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Insider Feature
Feature 1

Business Matters: How megatrends can help fuel growth in a post-Covid-19 economic recovery

Is there potential to exceed benchmarks if companies focus on digital transformation, healthcare innovation and sustainability? Suhas Sainath, senior banker at J.P. Morgan Private Bank discusses the megatrends sweeping the globe.
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Deals

US financial services firm takes Forterra holding

Shares in Northamptonshire-headquartered building products manufacturer Forterra have been snapped up by a US financial services firm.
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Monsoon Accessorize deal saves 450 jobs but 35 stores closed

Fashion and accessories retailer Monsoon Accessorize has been sold out of administration in a move that has saved 450 jobs, although 35 stores have been closed and more than 500 staff have been made redundant. The deal includes the company's distribution centre in Northamptonshire.
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Acquisition for business software firm with HSBC backing

A business software provider has expanded with its biggest acquisition to date, supported by funding from HSBC UK.
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Ocado raises £1bn as demand surges

Online grocer Ocado has raised more than £1bn as more of its partners shift to online deliveries during the Covid-19 pandemic.
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Intelligent Business Partners records highest activity levels for a year

Intelligent Business Partners has reported its highest level of activity in a year with the market bouncing back following the Covid-19 outbreak.
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Business

Green light set for £161m transformation plans

The green light is set to be given to a massive programme of transport improvements in Nottingham that has received financial backing from the government.
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Ideagen creates chief development officer role

Nottinghamshire-headquartered global software provider Ideagen has announced the creation of the role of chief development officer.
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Imps to be hit with £1m revenue loss

Lincoln City face a loss of about £1m in revenue after League One clubs voted to end the season early because of the Covid-19 pandemic.
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Sales soar at B&M

Sales have soared past the £3.8bn mark at B&M, with profits also hitting £250m. However, chief executive Simon Arora noted that any progress made during the period has been 'overtaken by recent events'.
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Property

Fresh plans for more than 300 flats tipped for go-ahead

Fresh plans for more than 300 apartments on a Nottingham site have been tipped for the go-ahead.
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Derby seeks almost £24m to help regenerate city centre

Derby is to ask the government for £23.7m to help fund a series of schemes that will aim to reinvigorate the city centre, attract more visitors and create hundreds of jobs.
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Bid submitted for 90 new homes

An application to construct 90 new homes in Leicestershire has been published.
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Regeneration plans outlined by city council

A project to develop plans for the future regeneration of Leicester’s Stocking Farm and surrounding area have been announced. The proposals could include new affordable homes on the site.
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Other News

Midlands Top 500 Companies Database - contact the region’s top decision makers

Member Exclusive News

Permission to extend development approved

Permission has been granted for a housing development in Nottinghamshire to be extended.
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