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East Midlands
Friday 1 May 2020

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Wilko eyes “strong plans” after revenue and profits slip

Wilko's revenue fell by almost £90m while its pre-tax profits slumped by about two thirds during its latest financial year, according to new figures. However, the Nottinghamshire-headquartered group has "strong plans in place to further improve the customer proposition, operational delivery and effectively manage cash in 2020 and beyond".
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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

Allied Irish Bank(GB) secures CBILS lending approval

Allied Irish Bank (GB) has been approved for accreditation by the British Business Bank as a new lender for the government-backed Coronavirus Business Interruption Loan Scheme (CBILS), with support lined up for companies across the North and Midlands.
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SMEs receive more than £4.1bn in CBILS funding but issues remain

The banking and finance sector has provided more than £4.1bn to SMEs through the Coronavirus Business Interruption Loan scheme (CBILS), according to new figures from UK Finance. However, the Federation of Small Businesses (FSM) has said that there are still problems that need to be addressed.
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Business

Major senior restructure revealed by Shakespeare Martineau

A major restructuring of its senior leadership team has been announced by law firm Shakespeare Martineau.
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Results rise for major fruit distributor

Turnover and profits rose at a major fruit distributor during its latest financial year, new documents have confirmed.
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New CEO takes reigns at Gateley

A new chief executive has taken the reigns at commercial law firm Gateley.
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Greggs trial reopening to be behind closed doors

The chief executive of bakery giant Greggs has said that the company's trial reopening will now be behind closed doors due to concerns over the number of potential customers that could visit the selected branches.
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Intu appoints chief restructuring officer

Intu has appointed a former PwC and EY specialist as its chief restructuring officer as it eyes a turnaround in fortunes.
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Property

Barratt Developments to restart work at 180 sites

Leicestershire-headquartered Barratt Developments has announced that construction work will resume at half its sites from 11 May.
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Pegasus Group details planning authority pandemic response

Pegasus Group has detailed how local planning authorities are adapting to the ongoing pandemic.
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Manufacturing

Breedon looking to reopen sites

Construction materials giant Breedon, which is headquartered in Leicestershire, is to reopen a number of its sites over the coming weeks.
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Commercial vehicle production slumps

The production of commercial vehicles in the UK slumped 41.8 per cent in March, according to new figures released by the Society of Motor Manufacturers and Traders (SMMT).
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AstraZeneca and Oxford Uni join forces for vaccine development

AstraZeneca and the University of Oxford have signed an agreement for the global development and distribution of a potential vaccine aimed at preventing Covid-19 infection.
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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

Senior hire for historic firm’s UK arm

The UK arm of a historic manufacturer of water pumps and pump systems has made a senior hire.
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