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East Midlands
Thursday 15 October 2020

Latest News

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Historic food giant returns to the black but warns on future

The Leicestershire-headquartered historic food giant behind the likes of Ginsters pasties, Soreen malt loaf and West Cornwall Pasty Co returned to the black during its latest financial year after suffering a £18m hit in the prior period. However, the company has warned its results are set to be affected by the on-going Covid-19 pandemic in 2020 and 2021.
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Insider Feature
Feature 1

Business Matters: What to do when furlough ends

The government’s furlough scheme has been keeping many businesses afloat, but with new restrictions and amid a second wave, will the new Jobs Support Scheme be enough to save jobs? What else can businesses do to keep cash flowing?
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Deals

Rolls-Royce doubles fundraising bid to £2bn

Derby-headquartered engineering giant Rolls-Royce has doubled the size of a proposed fundraising move to £2bn after "strong demand from investors".
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Investment firm increases stake in care provider

An investment firm has increased its stake in a Derby-headquartered out-of-hospital care provider.
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Firms secure £7.5bn pandemic support

Businesses in the Midlands have secured more than £7.5bn of government support to protect and support jobs across the region during the Covid-19 pandemic, according to new figures.
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Jobs saved after GBK snapped up by restaurant group

More than 600 jobs have been saved after the restaurant group which rescued Carluccio's earlier this year acquired Gourmet Burger Kitchen (GBK).
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IGF pandemic lending tops £65m

Asset-based lender Independent Growth Finance (IGF) has supported UK businesses through the ongoing pandemic with £65m in funding.
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Care at Home snaps up counterpart

Care services provider Care at Home has acquired counterpart Westminster Homecare.
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Business

Freeports: Hubs of enterprise to attract major investment

Chancellor Rishi Sunak has outlined the UK Government's plans to establish Freeports around the country with the hubs set to attract major domestic and international investment. Insider is campaigning to back the various bids for Freeport status and to provide an in-depth guide to the different locations.
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Dunelm to repay JRS money as sales surge

Total sales jumped almost £100m during the first quarter of Dunelm's financial year, new figures have confirmed. The Leicestershire-headquartered listed retailer is also to repay the £14.5m it received under the Job Retention Scheme (JRS).
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Listed contractor braced for loss after contracts review

Nottinghamshire-headquartered contractor nmcn has revealed it expects to make a pre-tax loss of up to £15m for its current financial year.
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Former Hilton CEO to chair luxury watch retail group

The former chief executive of hotel giant Hilton has been named as the new chairman of a Leicester-headquartered listed luxury watch retail group.
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University of Leicester puts jobs at risk

Jobs have been put at risk at the University of Leicester after it outlined plans for a "strategic case for change".
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Recruitment giant names new chief operating officer

A Northamptonshire recruitment and HR outsourcing and consultancy provider has named a new chief operating officer.
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Property

Proposals for 600 new homes outlined

Proposals for a new scheme to build 600 homes in Lincolnshire have been outlined.
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Vote set for hundreds of new properties

More than 200 properties would be constructed at a Nottinghamshire site if approval is granted next week.
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Contractor starts work on £13.2m special school

A contractor has started work on a new £13.2m special school in Derbyshire.
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Green light tipped for more than 50 homes

The green light has been recommended to build more than 50 homes in a Nottinghamshire town.
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Refusal for up to 80 houses

Proposals to construct up to 80 homes could be built in Leicestershire have been turned down.
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Indoor market project to resume

A project to build an indoor market in a Leicestershire town is set to resume this month after a new contractor was appointed.
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Go-ahead for more than 30 new homes

Plans for more than 30 new homes in a Nottinghamshire town have been approved.
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Manufacturing

Rolls-Royce reveals £10m investment

A £10m investment has been announced by Rolls-Royce in its Power Systems business.
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Brewery and pub giant to cut 2,150 jobs

Brewery and pub giant Marston's has revealed plans to cut about 2,150 jobs because of the ongoing impact of the Covid-19 pandemic.
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Other News

NEW Midlands Top 500 Companies Database - Preorder today and get the Early Bird Offer

Member Exclusive News

New partnership for luxury watch retailer

Luxury watch retailer has announced a new partnership with a "radical" manufacturer.
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Services & Guides

Corporate Finance Directory

Corporate Finance Directory

Find an adviser to help you buy, sell or invest in a business.
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Best Places to Meet

Best Places to Meet

The region's top places to hold events, conferences and meetings.
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Best Places to Stay

Best Places to Stay

The region's top hotels and accommodation.
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