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East Midlands
Wednesday 6 May 2020

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HR software firm raises a further £775,000

A Leicester HR software company has raised a further £775,00 to build its sales and marketing team and expand its client base.
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Insider Feature
Feature 1

Business Matters: Covid-19 – a crisis apart

As the economic fall-out from Covid-19 bites, John Swarbrick, head of portfolio at BGF, considers what management teams can do to navigate the here and now.
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Deals

Historic royal shoe maker secures funding boost

A historic Northampton footwear manufacturer and exporter, which provides shoes for Prince Charles, has secured a funding boost to help it through the Covid-19 pandemic.
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AIM-listed chairman looks to acquire shareholder stakes

The chairman of a Derby-headquartered out-of-hospital care provider has written to shareholders with 100 ordinary shares or fewer asking to acquire their stakes.
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CMA blocks Footasylum deal as Cowgill slams decision

JD Sports has been told to sell Footasylum after the CMA found that the £90m deal – which completed last year – would leave shoppers worse off. Chairman Peter Cowgill has slammed the decision, which he said had relied on an "inaccurate and outdated analysis of the UK sports retail competitive landscape".
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IT services specialist on the acquisition trail

A Nottinghamshire-based managed IT services specialist is eyeing acquisitions after reporting the busiest ever start to a year.
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National Express reveals significant placing to help combat crisis

National Express has revealed a proposed placing of up to 19.99 per cent in order to boost its "resilience and financial flexibility" in the face of the Covid-19 crisis.
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Business

BGF ‘can and will do more’ after “strong year”

The chief executive of BGF has hailed a "strong year" for the investor and vowed to continue supporting companies seeking capital through the pandemic and beyond.
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Halfords’ April sales “better than anticipated”

Halfords has hailed its April performance as "better than anticipated", with sales dropping 23 per cent because of the Covid-19 crisis.
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Virgin Atlantic to slash 3,150 jobs amid Covid-19 crisis

Virgin Atlantic has revealed plans to pull out of London Gatwick Airport, carry out a major rebrand and close a chunk of its retail stores as part of its plans to "reshape and resize the business" in response to the coronavirus pandemic. The process is expected to impact more than 3,000 jobs.
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Property

Proposals revealed for 131 new Notts homes

Plans have been submitted to build 131 new homes in Nottingham.
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Plans in for new warehouse scheme

A 40,000 sq ft warehouse could be constructed on a former industrial site in Nottingham, according to new plans.
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Business park sold in seven-figure deal

A Nottinghamshire business park has been sold in a seven-figure deal.
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Offices set for flats transformation

Offices in Leicester are to be transformed into new apartments after the go-ahead was granted.
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Manufacturing

New car market plummeted 97 per cent in April

New UK car registrations plummeted 97.3 per cent in April because of the Covid-19 pandemic, new figures have revealed.
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Other News

Virgin Money UK profits hit by Covid-19 charge

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Member Exclusive News

Shoe maker donates pairs to local nurses

A Northampton shoe company has donated more than 88 pairs to nurses at Northampton General Hospital to show its support for those on the frontline of the fight against Covid-19.
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