Today's East Midlands business news from Insider |
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East Midlands
Friday 18 September 2020

Latest News

Top Story

Alstom lowers offer for Bombardier Transportation

France-headquartered train maker Alstom has lowered its offer to acquire Bombardier's rail business, which has a major base in Derby, by €300m. The deal is now expected to be completed in the first quarter of 2021.
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Insider Feature
Feature 1

Ask the Expert: Fuelling business growth in a post-Covid world

Keith Rose, director, business development (Midlands Region) at Arbuthnot Commercial Asset Based Lending Limited, offers his expertise business growth in a post-Covid world.
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Deals

British Business Investments in £30m Shawbrook subscription

British Business Investments, a commercial subsidiary of the British Business Bank, has made a £30m subscription in specialist lender Shawbrook Group.
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Allica Bank launches £100m fundraise

Allica Bank has secured £26m from existing investors and launched a £100m fundraise.
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Seven-figure deal for crane hire firm

A national crane hire business has been bought by an entrepreneur in a seven-figure deal.
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TT Electronics agrees to acquire Torotel

TT Electronics, a global provider of engineered electronics for performance critical applications, has agreed to acquire US business Torotel. TT has operations across the UK.
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Business

New company formed to manage leisure centres

A council is to bring the management and operation of its four leisure centres in-house and create a new company.
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Trade finance company announces director hire

A trade finance company has appointed a new director to lead deal origination in the West Midlands supporting its clients, prospects and various stakeholders.
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British Chamber of Commerce director general to step down

The director general of the British Chambers of Commerce is to leave the organisation in the spring 2021.
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Property

Flats plans for police station backed

Proposals to transform a police station in Leicester into apartments have been backed.
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Affordable family homes proposals approved

Proposals for new affordable family homes in Nottinghamshire have been given the green light.
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Work on £10m housing scheme starts

Work on a £10m housing development in Leicester has started.
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Kier laments ‘difficult financial year’

Revenues have fallen at Kier in what the Sandy-headquartered construction and property services group labelled a 'difficult year'. The business made a statutory pre-tax loss of £225.3m.
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Manufacturing

Pharma CEO eyes pandemic opportunities

The chief executive of a Derbyshire pharmaculticals company has said the Covid-19 pandemic has "thrown up considerable challenges globally but also opportunities" for the listed business.
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Other News

Midlands Top 500 Companies Database - contact the region’s top decision makers

Member Exclusive News

Foxes extend partnership with W88

Leicester City have renewed their partnership with global online gaming company W88.
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