Today's East Midlands business news from Insider |
| Wednesday 14 October 2020 |
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Latest News | East Midlands Airport is among the sites vying for Freeport status as the UK Government looks to turbo-charge post-Brexit trade. Insider is launching a campaign to back the various bids and provide an in-depth guide to the different locations, outlining what their credentials are and what the long-terms benefits to the economy will be.
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The government’s furlough scheme has been keeping many businesses afloat, but with new restrictions and amid 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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A flotation which could be worth up to £130m is set to be announced by a Nottingham-headquartered diagnostics company, which has been conducting thousands of daily Covid-19 tests, later this week.
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A further £950,000 has been secured from investors by a Leicester businesswoman whose software platform helps companies to manage rebate and incentive schemes.
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Leicester-headquartered wealth management firm Mattioli Woods has taken a stake in a newly listed property investor.
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Leicestershire-headquartered ThinCats has backed a multimillion-pound management buyout (MBO) at a specialist recycling and haulage contractor.
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A six-figure funding boost which has helped a specialist trade supplier of horticultural products in Derby through the height of the Covid-19 pandemic has been revealed.
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OakNorth Bank has approved £1.1bn in new loans to support UK businesses through the Covid-19 crisis. The bank has also received additional allocation for the Coronavirus Business Interruption Loan Scheme and the Coronavirus Large Business Interruption Loan Scheme from the British Business Bank.
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Turnover surged by more than £60m at the Northampton-headquartered UK arm of a New York Stock Exchange-listed logistics giant during its latest financial year, new figures have revealed.
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Shares in computer telephony integration company CloudCall, which has its UK headquarters in Leicester, are to be cross-traded on a US market, the listed business has announced.
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A specialist data capture provider has announced a shake-up of its senior leadership team.
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Turnover topped £50m at an IT company which has worked with the likes of Motorpoint, The University of Nottingham and Foot Asylum during its latest financial year.
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The cost of HS2 has surged by another £800m, the government has announced. It comes after construction officially started a month ago.
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Redundancy talks have been started by pubco giant Mitchells & Butlers, whose brands include Miller & Carter, All Bar One and Toby Carvery.
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Interim revenues have topped £30m at specialist fishing tackle and equipment retailer Angling Direct.
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The London-based subsidiary of an Israel international bank has signed a £33m financing deal to support the regeneration of Rockingham Speedway into an automotive logistics hub.
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Revised plans to transform the former BDO offices in Leicester city centre into apartments have been approved.
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Proposals for an almost 80-acre solar farm to be created in Leicestershire have been recommended for approval.
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Leicestershire-headquartered Barratt Developments is eyeing a medium term target of completing 20,000 homes after its operations were hit by the Covid-19 lockdown.
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Property consultancy Savills has been appointed to sell a bespoke collection of trackside properties at the home of the British Grand Prix.
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Plans to convert offices in Nottingham into new apartments have been lodged.
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The funding which helped a Nottinghamshire care provider purchase a new head office has been revealed.
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A Leicester-headquartered design practice has secured a place on a framework which will see £10.4m worth of investment in social housing and public sector projects across the East Midlands, North West and Yorkshire and Humber over the next four years.
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Turnover passed the £30m mark at a Derbyshire-based chemicals and aerosol business in the year after it completed the process of becoming owned by its employees.
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Turnover and pre-tax profits at the UK arm of a chemical additives manufacturer dipped during its latest financial year, new documents have revealed.
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Member Exclusive News | Work has been completed on a 319-bed student accommodation scheme in Nottingham city centre.
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Services & Guides | | | Find an adviser to help you buy, sell or invest in a business.
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| | The region's top places to hold events, conferences and meetings.
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| | The region's top hotels and accommodation.
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