Latest News | The number of profit warnings issued by listed businesses in the Midlands rocketed during the first half of 2020, new figures from EY have shown.
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Lucy Twomey, HR and legal adviser at Make UK, says as businesses consider how to survive the economic impact of Covid-19, the stark reality is that, for many, redundancies are now unavoidable. Managing a redundancy procedure can be challenging in normal circumstances but Covid-19 has added new complexity.
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The UK's aerospace sector is to benefit from £400m of funding to help projects get off the ground and support the sector's recovery from the coronavirus pandemic, the UK Government has announced.
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The Nottingham company behind a newborn baby heartbeat monitoring device is set to explore foreign markets and grow its product portfolio after securing £1m from existing and new private investors.
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A total of nine agricultural technology projects are set to receive a share of £24m in government funding.
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An LA investor which first took a stake in Rolls-Royce in May has increased its holdings in the manufacturing giant.
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Private equity and venture capital investment into UK businesses increased last year, according to new data.
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Andy Moss from The FSE Group says as we slowly and cautiously ease out of lockdown and start to adjust to the "new normal", and what that looks like, The FSE Group is keen to ensure that Midlands based SMEs are aware of the funding options available to them, in order to support them during these uncertain times and to assist them in accelerating their growth post lockdown.
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The company behind snooker hall chain Rileys has gone into administration, with insolvency specialists now seeking a buyer for the business. Four venues have been closed as a result of the process, leading to 44 job losses.
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The operator of the ASK Italian and Zizzi restaurant chains and Coco di Mama food-to-go outlets has been sold out of administration in a deal which safeguards about 225 sites and approximately 5,000 jobs. But a further 75 sites are to close with the loss of about 1,200 jobs.
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Business leaders have called for more support to help companies reopen from the start of August, following the updated guidance issued by the Prime Minister.
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The first phase of the £650m Island Quarter development in Nottingham has been unveiled.
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Take-up of industrial and logistics space in the East Midlands hit record levels in the first half of 2020, according to Savills.
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Listed law firm Knights has announced plans to move to a new office in Nottingham.
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A bid to construct almost 50 homes on recreational land in Lincoln has been voted through for a second time.
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A Corby-based food logistics company is seeking the go-ahead to expand its base.
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A five-point plan to boost the aerospace supply chain in the Midlands has been unveiled.
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Member Exclusive News | Government funding is being sought to help open a £20m advanced manufacturing research centre in Derby which could create 70 jobs.
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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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