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East Midlands
Tuesday 5 January 2021

Latest News

Top Story

Online sales make up for store losses at Next

Surging online sales at Leicester-headquartered fashion giant Next compensated for almost all the losses from its stores during the run up to Christmas, new figures have revealed.
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Insider Feature
Feature 1

Business Matters: Seven tips for leading digital transformation if you don’t have an IT background

Research has found that despite seeing the need for digital transformation, there is a lack of confidence among executives when it comes to leading digital transformation projects. Karin Simonsen from Vistage explains.
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Deals

XPO’s Kuehne + Nagel deal completes

Northampton-headquartered XPO Logistics has completed its move to acquire the majority of Kuehne + Nagel’s contract logistics operations in the UK and Ireland.
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PE firm buys specialist builders’ merchant for more than £300m

Wolseley UK, a heating and plumbing distribution business, has been sold to a global private equity firm for more than £300m.
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£100m merger creates new estate agency group

Two lettings and estate agency businesses have merged in a £100m deal backed by private equity firm LDC.
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Ideagen’s near £30m deal completes

Nottinghamshire-headquartered software giant Ideagen's acquisition of a counterpart which works with the likes of EDF Energy, the US Department of Defense and UK Home Office for almost £30m has completed.
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US investor lowers stake in Rolls-Royce

A US investment company has lowered its stake in Derby-headquartered Rolls-Royce.
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JPI acquired by National World

National World has acquired JPI Media Publishing for £10.2m.
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Business

Calls for further business support in response to new lockdown

Business organisations have called for more support to help firms through the new lockdown in England introduced by the UK Government in an attempt to tackle a surge in coronavirus cases.
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Turnover passes £30m at PE-backed Queens Award winner

Turnover passed the £30m mark at a Queen's Award-winning integrated drug discovery and pre-clinical services provider, which is backed by a private equity firm, during its latest financial year.
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Steady results for recruitment business

A steady set of results have been announced by the Nottingham-headquartered company behind a recruitment business, whose clients include DPD, Raleigh, Persimmon Homes and Bouygues.
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Record Christmas sales for Aldi

Discount supermarket giant Aldi has posted its best ever Christmas sales, driven by strong growth in its online wine and special buy products.
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Turnover rises at historic law firm

Turnover rose at a historic law firm with offices across East Yorkshire and Lincolnshire during its latest financial year, new documents have confirmed.
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Group “well placed” to deal with pandemic fallout

A Lincolnshire group which operates in the housebuilding and haulage industries has said it is "well placed" to deal with "any financial difficulties" connected to the Covid-19 pandemic.
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Property

Detailed plans in for £650m scheme’s first phase

Detailed plans for the first major phase of a £650m regeneration scheme in the centre of Nottingham have been submitted.
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Green light given for almost 450 new homes

The go-ahead has been given for the construction of almost 450 homes on the edge of Grantham.
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Construction work starts on 7,500 job-creating scheme

Construction work has started on a logistics park in Northamptonshire which is predicted to create about 7,500 direct jobs.
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Go-ahead tipped for £13.5m bus station redevelopment

Proposals for the £13.5m redevelopment of St Margaret’s Bus Station in Leicester have been recommended for approval.
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Plans for apartment block approved

Plans to build a six-storey apartment building in Leicester have been approved.
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Waitrose supermarket bought in £9m deal

A Waitrose supermarket in Market Harborough has been bought by a listed real estate investment trust for more than £9m.
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Revised plans for retail units backed

Revised plans to create four new retail units in Rutland have been approved.
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Manufacturing

Porterbook and Bombardier sign £11.3m deal

Derby-headquartered rolling stock company Porterbrook has signed a framework agreement with Bombardier Transportation worth £11.3m.
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Clinigen Group hires new COO

Burton-upon-Trent-headquartered pharmaceutical and services company Clinigen Group has appointed a new chief operating officer.
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Paper distributor fell into the red ahead of acquisition

A European paper and packaging distributor fell to a pre-tax loss in the year before a majority stake was bought by a listed Japanese group, new accounts have revealed.
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Aston Martin launches F1 team

The Racing Point F1 team have been rebranded as Aston Martin with the luxury car maker's name poised to return to competing in Grand Prix for the first time in six decades.
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Supplier eyeing continued growth

The Leicester-based UK arm of a laboratory and medical equipment supplier has said it expects its growth to continue into the future despite the impact of Covid-19 on the wider UK economy.
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Other News

NEW Midlands Top 500 Companies Database - contact thousands of the senior decision makers

Member Exclusive News

Imps sign up new commercial partner

Lincoln City FC have signed up a new commercial partner.
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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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