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East Midlands
Thursday 2 July 2020

Latest News

Top Story

Forterra raises £55m to help it through pandemic

Listed building products manufacturer Forterra, which is headquartered in Northamptonshire, has raised £55m to help it through the Covid-19 pandemic. The move comes a month after the company revealed plans to cut 225 jobs.
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Insider Feature
Feature 1

Business Matters: Midlands companies embrace 3D printing during Covid-19

Esther Gottschalk and Philip Cupitt from Marks & Clerk LLP say 3D printing, expected to be a $35.6bn industry by 2024, has a significant role to play in the production of goods. This was the case before the current Covid-19 crisis, but is likely to continue in spite of it.
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Deals

Historic investor increases stake in Mattioli Woods

An investor which can trace its roots back to 1857 has upped its stake in Leicester-headquartered wealth management firm Mattioli Woods.
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PE-backed firm acquires telecoms provider

An LDC-backed company has acquired a business telecoms provider for an undisclosed sum.
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CMA launches formal inquiry into £178m deal

The Competition and Markets Authority (CMA) has officially launched a merger inquiry into the proposed £178m deal between building materials giant Breedon and CEMEX UK.
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More lenders accredited under Coronavirus Business Loan Schemes

The British Business Bank has approved six new lenders for accreditation under its Coronavirus Business Loan Schemes.
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Insider Feature
Feature 2

Business Matters: Do you have the right communications technology to work flexibly?

Duncan Ward, CEO of Network Telecom, looks at the technology to consider ahead of returning to the office and the benefits it will offer a post-lockdown workforce.
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Business

“Challenge drives performance”: how firms have used lockdown to change and stay relevant

Many businesses are using the pandemic and lockdown to take a radical look at how they operate and change in a drive to stay relevant, an online Insider forum has heard.
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Leicester Tigers reveal extent of job losses

Leicester Tigers have confirmed that up to 31 members are staff could be set to leave the Premiership club.
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Ideagen welcomes new CFO

Nottinghamshire-headquartered software company Ideagen's new chief financial officer has officially joined.
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Losses slump to £121m at pubco giant as Covid-19 bites

Pre-tax losses totalled £121m at pubco giant Mitchells & Butlers, whose brands include Miller & Carter, All Bar One and Toby Carvery, during the first half of its financial year, because of the Covid-19 lockdown.
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Saints agree salary reductions

Northampton Saints have reached an agreement with their employees – including the playing squad, coaching and commercial staff – to take a 12-month salary reduction.
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Senior promotion at PR and digital agency

A Nottingham-based PR and digital agency has announced a senior promotion.
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Virgin Money to resume job cut and branch closure programme

Virgin Money is set to resume the programme of store closures and job cuts put on hold following the Covid-19 outbreak.
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Consultancy reveals top promotions

National consultancy Pegasus Group has announced a series of director level internal promotions across its Derbyshire and Birmingham offices.
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Property

Ideagen’s HQ sold for more than £6m

The headquarters of a listed software company has been bought for more than £6m.
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Thumbs up for 120-homes plans

A new development of 120 homes for a site in Nottinghamshire has been voted through.
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Student scheme sold for £2m

A student accommodation block in Nottingham city centre has been sold to investors for about £2m.
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Deal completed for land set aside for care home

Land set aside for a new care home in a Lincolnshire town has been sold.
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Plans to transform town move forward

Plans to redevelop Stapleford have taken a major step forward after the town’s executive board agreed on the focus areas for its application to the government’s Towns Fund.
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Manufacturing

Manufacturer wins major Meggitt contract

A Nottingham-based manufacturer has won a contract worth more than £550,000 with Meggitt plc.
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Exterior design of Grenadier 4x4 revealed

INEOS Automotive has revealed the exterior design of the Grenadier, the company's 4x4 vehicle.
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Walkers focus on safety as employees test positive for Covid-19

Crisps giant Walkers has said the safety of its employees and their families is its "number one priority" after a number of staff members at its Leicester factory tested positive for Covid-19.
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Other News

Primark owner outlines profit expectations

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

Member Exclusive News

Apartments earmarked for video production firm’s offices

Apartments have been earmarked for the offices of a Nottingham video production company after the building was sold.
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