Today's East Midlands business news from Insider |
| Thursday 26 November 2020 |
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Latest News | Pre-tax profits increased at Derby-headquartered car retailer Motorpoint during the first half of its financial year despite revenue falling by almost £150m.
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Ray Abercromby, tax partner at the Birmingham office of Smith & Williamson, offers some practical actions to consider to drive business growth in challenging times.
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Private equity firm NorthEdge has backed the primary management buyout of a specialist investigation and covert operation software business.
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An investment firm in The Netherlands has taken a stake in Nottingham-headquartered listed car retail giant Pendragon.
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Kingsway Asset Finance has been accredited as a new lender for the Coronavirus Business Interruption Loan Scheme (CBILS) by the British Business Bank.
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The Nottingham office of Shakespeare Martineau has supported a £1m seed round into an app for frontline hospital staff to resolve facilities and equipment issues.
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The Covid-19 pandemic was unforeseen, unexpected and unwanted, but has been the catalyst for businesses, people and economies to adapt to survive, which says much about the resolve of the region’s business community, according to Graham Spalding, partner in the Corporate and Commercial practice of regional law firm Lodders.
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Former England manager Steve McClaren has re-joined Derby County to act as an adviser to the board with immediate effect.
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Insurance, risk management and consulting firm Gallagher has announced a new regional managing director for the Midlands.
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Business leaders have reacted to Chancellor Rishi Sunak's Spending Review.
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A new name has been revealed for Nottingham’s biggest shopping centre.
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The business events industry has welcomed the news that the sector will be allowed to reopen following the end of lockdown under the government's revised tier system.
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Revenue fell by 29 per cent in the first-half of Mulberry's financial year, but the luxury brand hailed the growth it had achieved in Asian markets and a robust digital performance despite challenging international conditions. The results come after Derbyshire-headquartered Frasers Group revealed it is considering making a bid for the business.
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Revenue slumped by almost £800m at pubco giant Mitchells & Butlers, whose brands include Miller & Carter, All Bar One and Toby Carvery. The company also reported a pre-tax loss during its latest financial year because of the Covid-19 pandemic.
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The Institute of Directors (IoD) has appointed a trio of ambassadors to its Derbyshire and Nottinghamshire team.
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Revenue increased to almost £200m during the third quarter of a national housebuilder's financial year, new figures have revealed.
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Plans to knock down Leicester's St Margaret's Bus Station have been approved.
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A driverless vehicle testing centre, which will be used by cars going up to 155mph, is set to be completed in March 2021, the company behind the project has confirmed.
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Accommodation for more than 350 students is set to be constructed in Northampton after the plans were approved for a second time.
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Plans for up to 170 new homes to be constructed on a former university campus in Northampton have been backed.
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A trade tools retailer has opened a new store in Nottingham, creating ten jobs.
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Turnover and pre-tax profits surged at a Leicester toilet roll maker, which has just been acquired by an industry giant, during its latest financial year.
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Engineering giant Rolls-Royce has signed a contract with Hinkley Point C.
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Car manufacturing in the UK slumped by almost 20 per cent in October, according to new figures.
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Member Exclusive News | Leicester Tigers have signed up Cardiff-based Dragon Signs as an associate partner for the 2020/21 season.
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Services & Guides | | | Find an adviser to help you buy, sell or invest in a business.
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| | The region's top places to hold events, conferences and meetings.
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| | The region's top hotels and accommodation.
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