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East Midlands
Tuesday 7 April 2020

Latest News

Top Story

Shortlists for Made in the Midlands 2020 revealed

Insider’s annual celebration of Midlands manufacturing has marked its tenth anniversary with a record number of entries.
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Insider Feature
Feature 1

Business Matters: How to support employee mental health when working remotely

As the impact of coronavirus takes hold, stress for the region’s workforce is at an all-time high, with concerns over job security and personal finances escalating, and those who can, working in isolation from home in line with the government’s social distancing instructions. With this and April’s UK Stress Awareness Month in mind, David McCormack, CEO of employee engagement innovators HIVE360, offers guidance on managing the mental health of employees who are working remotely.
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Deals

£100m deal for healthcare tech provider completes

The acquisition of a Nottinghamshire healthcare technology provider by a listed Australian business for more than £100m has completed.
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IPOs “severely impacted” by oil prices and virus crisis

IPO activity has been "severely impacted" by the reduction in oil prices and the Covid-19 crisis, creating "the most turbulent market conditions since the financial crisis in 2008", according to EY.
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easyJet takes steps to safeguard short-term liquidity

easyJet has borrowed from the Covid Corporate Financing Facility and drawn down on its revolving credit facility in order to increase its liquidity in the event of a prolonged grounding of the fleet. 
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Business

Jobs cut and wages stalled at listed software firm

Measures such as "limited" redundancies, salary freezes and "operational efficiencies" have been made at Nottinghamshire-headquartered listed software business Ideagen in response to the Covid-19 pandemic.
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Foxes to keep Covid-19 response “under review”

Leicester City are to keep their response to the Covid-19 pandemic "under review".
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Debenhams set to appoint administrators

Department store chain Debenhams has filed a notice of intent to appoint administrators.
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Revenue jumps as firm returns to the black

Revenue jumped at Burton-upon-Trent-based Northbridge Industrial Services during its latest financial year while it also returned to making a pre-tax profit.
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Pandemic hits UK new car market

The UK new car market slumped by 44.4 per cent in March, according to new figures.
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Property

New warehouse deal for council’s highways firm

Nottinghamshire County Council's highways and fleet management services firm is to move to a new warehouse.
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FMB calls for additional construction firm support

The Federation of Master Builders (FMB) has called for more support to be given to UK construction firms following a steep decline in activity caused by Covid-19.
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Manufacturing

Brick maker “actively progressing” furlough plans

Leicestershire-headquartered brickmaker Ibstock is "actively progressing" plans to furlough a "significant proportion" of its employees after the shutdown of its manufacturing sites across the UK was completed.
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Rolls-Royce shares jump almost 20 per cent

Shares in Rolls-Royce jumped almost 20 per cent after it revealed a range of measures to cope with the Covid-19 pandemic including cutting the salary of its global workforce by 10 per cent in 2020. The executive team's pay will be reduced by 20 per cent for the rest of the year.
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Racing Point furlough staff as drivers take pay cut

Silverstone-based F1 team Racing Point have furloughed some of their staff while their two drivers have taken a pay cut.
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Other News

Midlands Top 500 Companies List - contact 1000s of the region’s top decision makers by phone or email

Member Exclusive News

Consultancy appointed to framework

An ecology consultancy has been appointed onto a framework of suppliers to Severn Trent Water and Hafren Dyfrdwy.
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Upcoming Events

3 Sep

Insider Made in the Midlands Awards 2020

10 Sep

East Midlands Property Dinner 2020

17 Sep

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8 Oct

Insider East Midlands Dealmakers Awards 2020

12 Nov

Insider West Midlands Property Awards 2020

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

The region's top hotels and accommodation.
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