Losses widen as PE-backed firm cuts jobs

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East Midlands Friday 30 October 2020 Send a Story Subscribe Membership Advertise Contact Latest News Top Story Losses widen as PE-backed firm cuts jobs Pre-tax losses have widened at a private equity-backed IT services business which has cut jobs because of the Covid-19 pandemic, new documents have revealed. However, the Nottingham company's chief operating officer has said he is pleased with the results "considering the challenges that retail and hospitality have endured for some time". Read More… Insider Feature Business Matters: Set your businesses on the road to recovery following Covid-19 Dr Nihar Amoncar, Director of MBA programs and senior lecturer in strategic management at the University of Derby, offers small and medium sized enterprises (SMEs) advice and guidance on how to move forwards on the road to recovery. Read More… Deals Sports betting company invests in NAHL A sports betting company has invested in NAHL Group, the Kettering-based company behind the National Accident Helpline (NAHL) brand. Read More… Fundraising target passed by sustainable pallets business A Wellingborough business which makes sustainable pallets has smashed through its Crowdcube fundraising target. Read More… Historic firm buys shares in Eurocell A British multinational asset management company which was founded in 1804 has taken a stake in Derbyshire-headquartered Eurocell, the manufacturer of PVC window, roof and door products. Read More… London investment company takes stake in Clinigen A London-based investment firm has taken a stake in global pharmaceutical and services company Clinigen, which is headquartered in Burton-upon-Trent. Read More… MBO at healthcare staffing firm A healthcare staffing business has been acquired in a management buyout (MBO) backed by ABN Amro, providing an exit for private equity firm Key Capital Partners. Read More… Business ‘Challenging period’ for Shakespeare Martineau Revenue and operating profit at law firm Shakespeare Martineau dipped during its latest financial year following a challenging period. Read More… Turnover and profits rise at engineering contractor Turnover and pre-tax profits increased at a Nottinghamshire-based civil and electrical engineering company during its latest financial year, according to new documents. Read More… Pizza Express to cut a further 1,300 jobs A further 1,300 jobs are to be cut by Pizza Express, on top of the 1,100 redundancies it announced in August. Read More… Revenue rises as losses widen at cancer detection company Revenue jumped at a Nottingham-based cancer detection company during its latest financial year while pre-tax losses widened, new figures have revealed. Read More… Property Job-creating mixed-use scheme set for go-ahead A total of 300 jobs could be created after plans for a major mixed-use development in Leicestershire were recommended for approval. Read More… Vote set for more than 330 homes bid More than 330 homes would be built in a Nottinghamshire town if the go-ahead is granted next week. Read More… University campus plans voted through Up to 170 new homes are to be constructed on a former university campus after the go-ahead was granted. Read More… Approval expected for more than 100 houses More than 100 homes could be constructed in Nottinghamshire if the plans are given the green light next week. Read More… Plans for 45 new homes tipped for green light An application to build 45 new homes in Nottinghamshire has been recommended for approval. Read More… Approval for new apartments scheme More than 20 apartments are to be constructed in Northampton after the go-ahead was granted. Read More… Manufacturing UK commercial vehicle production rises in September UK commercial vehicle production increased in September, according to the latest figures published by the Society of Motor Manufacturers and Traders. Read More… Other News NEW Midlands Top 500 Companies Database - Preorder today and get the Early Bird Offer Member Exclusive News Forest extend deal and make international appointment Nottingham Forest have announced an extension to the partnership that will see Healthspan continue as the club’s official vitamin and supplement supplier. The Championship side have also made a new appointment to boost their international presence. Read More… Services & Guides Corporate Finance Directory Find an adviser to help you buy, sell or invest in a business. Read More… Best Places to Meet The region's top places to hold events, conferences and meetings. Read More… Best Places to Stay The region's top hotels and accommodation. Read More… Send a Story Subscribe Membership Advertise Contact

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