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East Midlands
Friday 17 April 2020

Latest News

Top Story

Rolls-Royce leading Covid-19 response alliance

Rolls-Royce has invited a group of companies to collaborate on a new project to find new and faster ways to support businesses and governments globally as they recover from the economic impacts of Covid-19.
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Insider Feature
Feature 1

Business Matters: Understanding the unprecedented - acknowledging the road ahead

Andy Gregory, head of investments at BGF, looks at the impact of Covid-19 on businesses so far and what lies in store over the coming months.
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Deals

Stobart Group weighs up double deal

Stobart Group is weighing up a deal to buy back two businesses, which were sold as part of the acquisition of Flybe last year.
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Gordon Brothers sells Bench

Bench has been sold to an affiliate of Apparel Brands, one of the streetwear brand's primary European licensees.
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Details of CLBILS revealed

Details of the Coronavirus Large Business Interruption Loan Scheme (CLBILS) – which is geared towards companies with a turnover of more than £45m – have been revealed.
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Insider Feature
Feature 2

Business Matters: Coronavirus Business Interruption Loan Scheme (CBILS) – Businesses need to take a step back before applying

Roy Farmer, corporate finance partner at Dains Accountants, has said before businesses apply for loan support under the government-backed Coronavirus Business Interruption Loan Scheme (CBILS) it is worth a few minutes of reflection to consider how to make the application successful.
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Business

Severn Trent makes Covid-19 jobs vow

Severn Trent has vowed to make no redundancies and not furlough any of its employees during the Covid-19 crisis.
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March retail sales tumble as crisis unfolds

Actions taken to tackle the spread of coronavirus led to the worst decline in retail sales on record.
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MAG traffic ‘severely impacted’ by coronavirus

Traffic across Manchester Airports Group (MAG) – which is behind its namesake, as well as hubs in East Midlands and London Stansted – has been "severely impacted" by the ongoing coronavirus crisis.
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Cobblers promise no pay cuts in April

The chairman of Northampton Town has said the club will "look after" their players and staff through the Covid-19 pandemic and that no one will be asked to take a pay cut or deferral during April.
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UK to benefit from £1.1bn air navigation support package

A £1.1bn support package has been made available for air navigation service providers across Europe, with the UK’s provider eligible for £92m.
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Property

Prominent mixed-use building sold for more than £9m

A prominent office and apartments building in Nottingham has been sold for more than £9m.
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More than £17m secured for major employment scheme

A funding package worth more than £17m has been secured for a major employment development in Leicestershire.
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Manufacturing

Ventilators ready for NHS after regulatory approval

The first newly-adapted ventilator design from the government's Ventilator Challenge has received regulatory approval and is ready to be sent to the NHS frontline to support coronavirus patients.
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Demand high for hygiene products but PZ Cussons’ beauty business takes hit

PZ Cussons is enjoying exceptionally high demand for its hygiene products but its beauty business has taken a hit.
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Other News

Measures introduced to ease councils’ financial pressures

Revolution signs off credit facility extension

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Member Exclusive News

Ideagen agrees new partnership

Nottinghamshire-headquartered software company Ideagen has agreed a partnership with CompliancePath to extend its on-going validation accelerator program to include all life science related software products.
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