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East Midlands
Thursday 23 April 2020

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Shopfitter achieves aim of returning to the black

A shopfitter, which has worked with the likes of Harrods, M&S and Asda, achieved its aim of returning to profitability during its latest financial year, new accounts have revealed.
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Insider Feature
Feature 1

Ask the expert: How to effectively manage businesses working remotely in the time of coronavirus

With people across the world remote working, Dr Yanguo Jing, associate dean at Coventry Business School, looks at how to do so effectively.
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Deals

British Business Investments makes £10m commitment to SFC

British Business Investments, a commercial subsidiary of the British Business Bank, has committed £10m to Startup Funding Club (SFC) to support early stage businesses.
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CMA sets out timetable for window blind deal inquiry

The Competitions and Markets Authority (CMA) has set out the timetable for its in-depth investigation into Hunter Douglas' acquisition of counterpart 247 Home Furnishings.
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Laura Ashley brand acquired from administrators

Global advisory, restructuring, and investment firm Gordon Brothers has acquired the Laura Ashley brand from administrators PwC for an undisclosed sum.
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DFS secures funds through bank facility and placing

Listed furniture retailer DFS has secured an additional £70m banking facility and raised a further £64m through a share placing.
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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, says 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

Results rise at Mortgage Advice Bureau

Revenue and pre-tax profits both rose at Derby-headquartered Mortgage Advice Bureau during its latest financial year.
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West Mids to be hardest hit region with the East ranked third

The West Midlands will be the most impacted region by Covid-19, according to new analysis from KPMG’s chief economist, with the East Midlands ranked third.
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Matchroom Sport confident despite pandemic uncertainty

Revenues have edged closer to the £200m milestone at sporting event owner, manager and promoter Matchroom Sport, with profits also surging, newly filed accounts have revealed. Founder and chairman Barry Hearn also told Insider the business has not felt a "significant downturn" in its current financial year, despite the coronavirus crisis.
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Property

Revenue passes £400m at listed building contractor

Nottinghamshire-headquartered listed building contractor nmcn's revenue surged past the £400m mark during its latest financial year, new figures have confirmed. The business has also provided an update on its response to the Covid-19 pandemic.
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£22m funding deal approved for major logistics scheme

A £22m funding deal has been approved for the construction of a major logistics scheme near Northampton.
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One week until residential property awards deadline

There is just one week left to submit entries for Insider’s Midlands Residential Property Awards.
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Updated link road plan to be submitted

An updated application for a link road between Ditchford Road and Rushden Lakes in Northamptonshire is to be submitted.
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Turnover up in “transformational” year for housebuilder

Turnover has grown to almost £650m in a "transformational" year for housebuilder Keepmoat, with more than 4,000 homes sold.
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Taylor Wimpey to start ‘phased return’ to sites

Housebuilder Taylor Wimpey will start a phased return to construction from the beginning of May.
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Manufacturing

Results remain steady at building products maker

Revenue and pre-tax profits remained steady at building products maker Epwin Group during its latest financial year, new figures have revealed.
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Other News

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Member Exclusive News

Distillery expands to make hand sanisiter

A Market Harborough distillery has added to the production of gin, vodka, rum and absinthe to make World Health Organisation formula hand rub sanitiser for frontline workers, corporate business, and personal use.
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