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East Midlands
Thursday 27 March 2020

Latest News

Top Story

Ashley sorry over “ill-judged and poorly timed” response

Mike Ashley has apologised for "ill-judged and poorly timed" emails to the government from Frasers Group, the company behind Sports Direct and House of Fraser, and placed its entire fleet at its disposal.
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Insider Feature
Feature 1

Ask the expert: How to grow your business

Karen Prior, group finance director at Anpario plc, offers her expertise on growing a business.
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Deals

Van Elle to explore financing options

Nottingham-headquartered engineering company Van Elle is to enter discussions with its bankers and other debt providers to provide medium-term financing options to help it cope with the coronavirus pandemic.
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Delay expected for Breedon’s £178m deal

Leicestershire-headquartered building materials giant Breedon's £178m deal to acquire the UK assets and operations from a counterpart is to be delayed.
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Major acquisition by Future looks set to proceed

A £140m acquisition by Future looks set to proceed after the Competition and Markets Authority (CMA) said it was minded to accept undertakings given by the media group.
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Insider Feature
Feature 2

Estate planning in a pandemic

This blog had been intended as the fourth in our series on preparing a business for sale and planning for the future. Considering the extraordinary circumstances we now all find ourselves in and in response to questions from clients and contacts, Catriona Attride, national head of private wealth at Gateley Legal, will be using this opportunity to address some of the concerns we have been presented with.
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Business

Mattioli Woods directors slash pay

The chief executive of Leicester-headquartered wealth management firm Mattioli Woods has reduced his basic salary to zero while other board members have cut their wages or fees by 50 per cent.
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Next closes divisions after staff raise concerns

Retail giant Next has temporarily closed its online, warehousing and distribution operations.
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RSM reveals partner promotions pair

Audit, tax and consulting firm RSM has announced two partner promotions at its Leicester and Nottingham offices.
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Topps Tiles “resilient and confident” for the future

Leicester-headquartered Topps Tiles has said it remains "resilient" and is "confident that the group is well positioned" to recover once the virus crisis subsides.
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New support for self-employed outlined by Chancellor

Chancellor Rishi Sunak has detailed the economic steps the government is taking to help the self employed in a move which has been broadly welcomed by business organisations.
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Download Festival cancels 2020 edition

The organisers of Download Festival, which is staged near Donington Park, have confirmed this year's event will not go ahead.
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Northbridge “confident” of ability to bounce back

Burton-upon-Trent-based Northbridge Industrial Services is "confident" of its ability to recover from a temporary downturn in the coming months.
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Care provider launches major recruitment drive

A Chesterfield-based care provider has launched a nationwide recruitment drive to assist its frontline teams in meeting the challenge of the ongoing coronavirus crisis.
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Profits share brought forward at Central England Co-op

Central England Co-op has brought forward its annual share of profits and increased its staff discount to thank employees for their work during the on-going Covid-19 pandemic.
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Property

Operator named for new £8m enterprise centre

An operator has been appointed to manage a new £8m enterprise centre in Northamptonshire which will house up to 200 employees.
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FMB calls for non-emergency construction work to cease

The Federation of Master Builders (FMB) has said only emergency and critical construction work should be allowed to continue in order to protect the industry's workforce.
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Ascend boosted by latest venture

Build-to-rent (BTR) specialist Ascend has been buoyed by strong revenue efficiencies for its latest fund.
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Knight Frank business rates head proposes that revaluation be scrapped

The national head of business rates at property consultancy Knight Frank has called on the government to scrap its proposed business rates revaluation amid the coronavirus crisis.
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OYO to provide hotel rooms for key workers

OYO Hotels & Homes is keeping the doors to many of its UK hotels open to provide accommodation for key workers.
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Manufacturing

Rolls-Royce executives defer partial bonus payment

Rolls-Royce's executive directors have agreed that half of the remaining annual bonus owed to them should be retained by the company for an indefinite period because of the Covid-19 pandemic.
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Potato supplier launches recruitment drive

Potato supplier Branston has launched a recruitment drive for temporary jobs at its Lincolnshire factory in order to accommodate the country’s increased demand since the coronavirus outbreak. 
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“Deep concern” for British car industry

The outlook for the British car manufacturing industry is of "deep concern", the chief executive of the SMMT has said.
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Müller looking to recruit 300 new staff

Müller has launched a significant recruitment push for up to 300 additional key workers following strong consumer demand for dairy products like fresh milk, yogurts and butter.
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Other News

Revenues top €3bn at forecourt giant

Midlands Top 500 Companies List - contact 1000s of Top Decision Makers

Member Exclusive News

Recently acquired consultancy works with Innocent

A recently acquired food and beverage consultancy in Leicestershire has worked with smoothie maker Innocent which is opening a new factory in Rotterdam which will create almost 200 jobs.
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