Today's East Midlands business news from Insider |
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East Midlands
Tuesday 22 September 2020

Latest News

Top Story

Ideagen grows revenue as pandemic hits profits

Nottinghamshire-headquartered software company Ideagen added £10m in revenue during its latest financial year, new figures have revealed. However, the listed business fell to a pre-tax loss because of the Covid-19 pandemic.
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Insider Feature
Feature 1

Business Matters: Preserving cash through tax reliefs

David Nolan at Claritas Tax discusses two commercial areas of tax which may help cash-flow.
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Deals

VC-backed life insurer passes fundraising target

A venture capital-backed life insurance provider in Leicester has passed its fundraising target of £1.5m.
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ThinCats supports firm’s seven-figure re-finance deal

Leicestershire-headquartered alternative lender ThinCats has supported a corporate insurance broker with a seven-figure re-finance deal.
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PE-backed firm sells Derbyshire training provider

A PE-backed apprenticeship and training provider has sold a Derbyshire-headquartered company to Learning Curve Group.
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Pharma firm reaches fundraising milestone

A Nottingham business which has developed a new platform to help pharmaceutical companies manage clinical trials more effectively has raised almost three quarters of its fundraising target on Seedrs.
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Microsoft lines up $7.5bn game developer deal

Microsoft is set to acquire the parent company of one of the world's largest privately held game developers and publishers in a deal worth $7.5bn.
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Insider Feature
Feature 2

Business Matters: St Modwen talks sustainability and wellbeing at its Midlands sites

Gemma Butler from St Modwen Industrial & Logistics talks about the company’s upcoming new phases at two of its landmark Midlands sites and how they’re adapting to meet environmental and wellbeing requirements from occupiers and tenants.
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Business

NAHL turns a profit after “most challenging” period

The chair of NAHL Group, the Kettering-headquartered company behind the National Accident Helpline brand, has branded the first half of 2020 as the "most challenging" in its history.
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Revenues pass £50m at historic pub company

Revenues have passed the £50m mark at historic pub company Charles Wells, newly filed accounts have revealed.
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Premier Inn owner to cut 6,000 UK jobs

Premier Inn owner Whitbread is set to cut 6,000 jobs from its UK workforce as it attempts to recover from the impact of the Covid-19 crisis. The business said it is a "regrettable but necessary step" to ensure it emerges with a "lower cost base, a more flexible operating model and a stronger more resilient business".
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Safety and security firm names Nottingham as new HQ

A newly formed safety and security integration company has named Nottingham as the location of its new headquarters.
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Victoria Plum turnover tops £70m in year of Endless deal

Turnover has grown to more than £70m at online bathroom retailer Victoria Plum in the year of its acquisition by private equity firm Endless. Further growth has also been record in the current year, despite the challenges posed by the Covid-19 pandemic.
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Property

Warehouses sold in £77m deal

A total of three warehouses across Nottinghamshire and Yorkshire have been sold by a listed property investor for £77m.
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Crown Estate expecting Covid to impact profits and property value

The value of The Crown Estate's profits and property are expected to be badly affected by the Covid-19 pandemic.
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Assetz Capital restarts retail lending

Assetz Capital has restarted retail lending with a £1m residential bridging loan.
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Contractor completes £6m care home

A £6m care home has been completed by a Nottingham-headquartered construction company.
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Manufacturing

Arla Foods MD named Dairy UK chairman

The managing director of Arla Foods UK has been elected as the new chairman of trade association Dairy UK.
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Other News

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

Member Exclusive News

Leicester Tigers name energy provider as new partner

Leicester Tigers have named a business energy provider as an official supplier of the Premiership club.
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