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East Midlands
Wednesday 8 July 2020

Latest News

Top Story

“Significant” tech firm stake bought by marketing company

A Leicestershire-headquartered marketing communications agency has taken a "significant equity share" in a technology company.
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Insider Feature
Feature 1

Business Matters: Ambition is the key to success for East Midlands firms

Richard Whitwell, Head of LDC in the Midlands, has said making predictions at any point in the economic cycle is difficult but doing so amidst the biggest public health emergency in living memory makes it almost impossible.
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Deals

Breedon shares transferred after acquisition completes

The shares in Leicestershire-headquartered building materials giant Breedon which were held by an investment company have been transferred to its new owner.
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BFS provides £40m during record month

Bibby Financial Services (BFS) provided £40m in fresh funding facilities during June as it continued to grow its support for larger SMEs.
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Halfords secures £25m CLBILS boost

A total of £25m has been secured by Halfords through the government's Coronavirus Large Business Interruption Loan Scheme (CLBILS) as "contingency funding".
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Insider Feature
Feature 2

Business Matters: Restructuring

Mark Wilson, partner at Gateley, looks into how businesses will be restructuring.
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Business

Healthcare skills company wins major deal with Dubai business

A Nottingham business which helps healthcare professionals to improve their skills in venepuncture and cannulation has secured a major deal with a Dubai-based company.
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Business organisations hail Sunak’s Kickstart Scheme

Business organisations have hailed the government's Kickstart Scheme, which will allow employers to offer subsidised work placements for young people claiming Universal Credit.
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Aldi CEO makes British meat vow

The chief executive of Aldi's UK arm has vowed that the supermarket will only ever sell fresh chicken and beef from British farmers. The chain has also ruled out selling chlorinated chicken or hormone treated beef, regardless of any future trade deals.
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UK’s LCV market falls by almost a quarter

The UK new light commercial vehicle (LCV) market fell 24.8 per cent in June, as lockdown measures eased and businesses began to return to work, according to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT).
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Property

Old Norton Motorcyles HQ given £13m price tag

A stately home which dates back to the late 18th century and was most recently the headquarters of Norton Motorcycles has been put on the market for more than £13m.
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Former Green Belt site sold for more than £5m

A Solihull-based residential land company has sold a ten-acre site in Nottinghamshire for more than £5m.
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Detailed plans in for Silverstone industrial scheme

Detailed planning consent is being sought for an industrial scheme in the Enterprise Zone at Silverstone Park.
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nmcn division wins contract worth almost £4m

A division of Nottinghamshire-headquartered nmcn has revealed a contract win of almost £4m in Lincolnshire.
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Office investor launches £300m fund

An investor in regional offices has launched its third UK commercial real estate fund with a target size of £300m.
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Second vote set for almost 50 homes bid

A bid to construct almost 50 homes on recreational land in Lincoln is set to be voted on for a second time next week.
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Factory set for apartments transformation

 A Leicestershire factory building is to be converted and extended to form 35 apartments after the proposals were given the go-ahead.
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Modular homes set for station site

A total of 40 sustainable modular homes are set to be created in Nottinghamshire after a significant investment was secured for a brownfield site next to Beeston station.
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Manufacturing

Lockdown sales hit for Eurocell

Sales at Eurocell, the manufacturer of PVC window, roof and door products, dropped by more than 30 per cent during the first half of its financial year because of the Covid-19 lockdown.
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New group CEO for PE-backed manufacturer

A new group chief executive has been appointed at a private equity-backed manufacturer which works with the likes of Rolls-Royce, Airbus and Bombardier.
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Other News

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Member Exclusive News

Online flooring company’s new partnership reports success

A partnership between a Leicestershire-headquartered online flooring company and a distribution business, which was 18 months in planning, has reported success despite the Covid-19 crisis.
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