Today's East Midlands business news from Insider |
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East Midlands
Wednesday 9 December 2020

Latest News

Top Story

Closed Debenhams store earmarked for almost 340 flats

Proposals have been revealed to transform the closed Debenhams store in Leicester's Highcross shopping centre into retail space and almost 340 flats for rent.
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Insider Feature
Feature 1

Ask the expert: Why is the cloud the ideal solution for 2021?

Duncan Ward, chief executive of Network Telecom, discusses why the cloud is the ideal solution for businesses as they enter 2021.
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Deals

Software firm raises almost £50m to fund acquisitions

Nottinghamshire-headquartered software company Ideagen has raised almost £50m in order to fund new acquisitions.
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Law firm acquires Leicester counterpart

A Leicester-headquartered firm has acquired a family law and mediator counterpart in the city.
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CMA launches initial investigation into £6.8bn Asda deal

The Competition and Markets Authority (CMA) has launched an initial investigation into the proposed £6.8bn acquisition of Asda by a consortium including the owners of Euro Garages and private equity firm TDR Capital.
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New Covid grants set for Derby businesses

Work has begun on a series of new grants for Derby businesses affected in different ways by the new Covid Tier Three restrictions.
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Studio Retail to conduct sale process as part of review

Studio Retail Group is to undertake a strategic review which will include conducting a formal sale process.
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Insider Feature
Feature 2

Business Matters: From screens to greens

Graeme Pratt and James Fairweather from Pegasus Group say the environment we live in and constantly interact with changes slowly so we do not always notice the shifts in emphasis.
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Business

Disability aid provider’s turnover surges past £200m

Turnover surged passed the £200m mark at a provider of disability aids headquartered in Leicestershire during its latest financial year.
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Reasons behind contractor’s collapse revealed

The reasons behind why a £35m-turnover building contractor in Leicestershire entered administration owing more than £2m have been revealed. Unsecured creditors are to be offered just 3p for every £1 the are due.
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Leicester Racecourse almost doubles pre-tax profits

The company behind Leicester Racecourse almost doubled its pre-tax profits during its latest financial year. However, it has warned that its results for its current period are "very uncertain".
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East Midlands Airport owner impacted by “unprecedented” pandemic

Half-year revenues have fallen by more than 80 per cent at the owner of East Midlands Airport, which is said "reflects the unprecedented period the aviation industry has faced this year following the impact of Covid-19".
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Pre-tax profits driven up at Euro Car Parts

Pre-tax profits increased to £60m at automotive components retailer Euro Car Parts while its turnover grew further past the £1bn mark during its most recent financial year.
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Revenues up at garden centre group

Revenues have nudged up at a historic family-owned garden centre group, newly filed results have revealed.
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Property

Business park sold for more than £16m

Beeston Business Park in Nottingham has been bought for more than $16m.
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Plans to be submitted for 258-apartment scheme

Formal plans are due to be lodged later this month to bring 258 new apartments to Derby.
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Residential property sector ‘needs to learn from car industry’

The residential property sector needs to learn from the car industry if it wants to become greener and more efficient, an architect has said.
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Work starts on £5m council depot site

Work has started on a £5m council depot site in Lincolnshire.
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Manufacturing

Turnover jumps at historic manufacturer

Turnover jumped to almost £70m at a Leicester-based metrology instrument manufacturer, which was founded in 1886 as a camera maker.
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Strong first-half trading for labels and packaging company

A Nottinghamshire-headquartered labels and packaging company has reported strong trading during the first half of its financial year despite the Covid-19 pandemic.
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Other News

NEW Midlands Top 500 Companies Database - contact thousands of the senior decision makers

Member Exclusive News

Hotel named as county cricket club’s new partner

A Rutland hotel has become an official partner of Leicestershire County Cricket Club for 2021.
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Services & Guides

Corporate Finance Directory

Corporate Finance Directory

Find an adviser to help you buy, sell or invest in a business.
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Best Places to Meet

Best Places to Meet

The region's top places to hold events, conferences and meetings.
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Best Places to Stay

Best Places to Stay

The region's top hotels and accommodation.
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