Today's East Midlands business news from Insider |
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East Midlands
Monday 3 August 2020

Latest News

Top Story

Breedon completes £178m move for counterpart’s assets

Building materials giant Breedon, which is headquartered in Leicestershire, has completed its move to acquire the UK assets and operations from a counterpart for £178m.
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Insider Feature
Feature 1

Business Matters: How to get investment in turbulent times?

Ray Harris, MEIF principal at Foresight Group LLP, offers a helpful guide for management teams of SMEs looking for equity investment post pandemic.
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Deals

EU approves €6.2bn deal for Bombardier Transportation

A deal for a French rail giant to take over Bombardier Transportation, which has a major base in Derby, for up to €6.2bn has been signed off by the European Commission.
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Mattioli Woods secures deal worth about £25m

Leicester-headquartered wealth management firm Mattioli Woods has completed a deal to buy a counterpart with offices in London, Surrey and Manchester in a deal that could be worth about £25m.
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K3 Capital Group acquires Quantuma Advisory

Professional services firm K3 Capital Group has acquired Quantuma Advisory, which has an office in Nottingham, in a deal worth almost £30m.
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Stake taken in listed building products maker

A stake has been taken in Northamptonshire-headquartered building products manufacturer Forterra on behalf of four firms.
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Insider Feature
Feature 2

Roundtable: Car-Free Birmingham

A plan to dramatically cut the number of cars in Birmingham city centre will have a major impact on property and infrastructure development.
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Business

Results revealed for newly acquired firm

The latest financial results have been revealed for a recently acquired technology company in Derby which provides emergency communications systems for those with sensory and physical disabilities.
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New chief operating officer for specialist lender

Leicester-headquartered specialist lender Cambridge & Counties Bank has appointed a new chief operating officer.
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Turnover drop expected at IT services business

A Nottingham-headquartered IT services business, which is part of a £2.7bn-turnover group, is expecting its turnover to fall during its current financial year as a result of a division being transferred to its parent.
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New managing director for contract research firm

A Nottingham-based contract research organisation has appointed a new managing director.
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Property

Construction company’s turnover edges towards £60m

Turnover edged closer to the £60m mark at the Nottinghamshire business behind a construction company which was established more than 70 years ago, new accounts have revealed.
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Purplebricks “resilient” despite losses widening

Pre-tax losses widened at online estate agency Purplebricks during its latest financial year, new figures have confirmed. However, its chief executive said its performance had been "resilient" and the company is in a "strong position" for future growth
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Manufacturing

Turnover slump expected as pandemic bites historic ribbon maker

Turnover is expected to slump 40 per cent at a historic ribbon manufacturer, which has made products for the likes of Buckingham Palace, Paul Smith and LK Bennett, during its current financial year because of the Covid-19 pandemic.
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Pre-tax losses widen as pandemic hits JLR

Jaguar Land Rover made a pre-tax loss of more than £400m during the first quarter of its financial year with sales impacted by the Covid-19 pandemic.
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Engine production falls almost 40 per cent

UK engine production fell by almost 40 per cent in June, according to new figures.
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Other News

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

Member Exclusive News

Brewers announce new sponsorship deal

Burton Albion FC have signed a new sponsorship deal with Russell Roof Tiles.
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