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East Midlands
Thursday 8 October 2020

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Pre-tax profits driven up after “strong trading” at Motorpoint

Derby-headquartered listed car retailer Motorpoint has revealed its pre-tax profits for the first half of its current financial year will be ahead of the same period in 2019 despite the impact of Covid-19.
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Insider Feature
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Business Matters: What to do when furlough ends

The government’s furlough scheme has been keeping many businesses afloat, but with new restrictions and the threat of a second wave looming, will the new Jobs Support Scheme be enough to save jobs? What else can businesses do to keep cash flowing?
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Deals

Brownlee brother invests in triathlon analytics company

Double Olympic champion Alistair Brownlee has joined a Leicestershire-based triathlon analytics company as an investor and strategic adviser.
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Firm raises £700k to scale up operations

A Northampton company which develops conversational assistants capable of manning helpdesks and answering technical enquiries has raised £700,000 to help scale up its operations.
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US investment firm increases stake in CloudCall

A US investment firm has increased its stake in computer telephony integration company CloudCall, which has its UK headquarters in Leicester.
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HR company snaps up counterpart

A Northamptonshire-headquartered outsourced HR services company has acquired a counterpart in Milton Keynes.
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Investors back gin maker’s crowdfunding drive

More than 200 investors have now backed a Leicestershire gin maker's crowdfunding campaign.
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IPO activity ‘on the up’ - EY

IPO activity has started to return to the London Stock Exchange as the UK emerges from lockdown, a new report from EY has found.
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Business

Hundreds of MAG jobs at risk

Hundreds of jobs could be lost across MAG's portfolio, including East Midlands Airport, as it looks to navigate the ongoing pandemic.
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NAHL chair steps down as successor named

The non-executive chair of NAHL Group, the Kettering-based company behind the National Accident Helpline brand, is to step down with immediate effect. Her successor has also been named.
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Jobs lost as building contractor enters administration

A £35m-turnover building contractor in Leicestershire has entered administration with 18 employees being made redundant.
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Fisher German names new chairman

A new chairman has been appointed by Leicestershire-headquartered national property consultancy Fisher German.
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Half-year revenue up at listed software company

Revenue increased at a Lutterworth-based listed software company during the first half of its financial year.
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Shareholders back £100m staff bonus plan

Shareholders of the company behind Sports Direct and House of Fraser have voted for a bonus scheme that could be worth in excess of £100m.
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Multimillion-pound Covid-19 testing contract won by firm

A Derbyshire-headquartered supplier of modular buildings and portable accommodation has won a multimillion-pound government contract to provide temporary facilities for use as Covid-19 test centres.
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Property

Approval for 1,800 new homes

A long-running plan to construct up to 1,800 homes in Nottinghamshire has been backed.
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Record turnover for historic building contractor

A Derbyshire building contractor, which can trace its roots back to the 1890s, has reported a record level of turnover for its latest financial year.
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Green light for more than 80 properties

The green light has been given to a proposal for 81 new homes in Nottinghamshire.
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Land for £4m industrial development secured

A plot of land has been secured for a £4m industrial development in Mansfield.
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Homes for allotments site approved

Allotments in a Leicestershire town are to be converted into more than 70 homes after the plans were voted through.
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Manufacturing

Turnover nears £100m at historic designer

Turnover neared £100m at a Queen's Award-winning historic fabric and wallpaper designer during its latest financial year. However, the company said its results are expected to fall for its current period because of the Covid-19 pandemic.
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New CEO and chairman for Queen’s Award-winning medicine maker

A new chief executive and chairman have been named for a Queen's Award-winning medicine maker in Loughborough.
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Automotive parts maker expands into PPE

An automotive parts manufacturer in Nottinghamshire has installed new equipment which will enables it to produce half a million face masks every week as part the company’s expansion into the PPE market.   
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Other News

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Member Exclusive News

Imps continue catering partnership

Lincoln City are to continue their partnership with Newark-based Kitchen 52.
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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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