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East Midlands
Tuesday 1 December 2020

Latest News

Top Story

New PE backing for IT business

A private equity firm has sold its stake in a Nottingham-based IT company to a counterpart.
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Insider Feature
Feature 1

Business Matters: Extraordinary times provide a catalyst for change

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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Deals

Breedon’s move to help £178m deal complete accepted by CMA

Leicestershire-headquartered construction materials giant Breedon agreement to dispose of certain assets to a counterpart for more than £12.2m has been accepted by the Competition and Markets Authority.
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Tech start-up passes Crowdcube target

A Derbyshire-based technology start-up has passed its £750,000 crowdfunding target.
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Jobs saved after gift company acquired

About 200 jobs have been saved after an importer of floral supplies, giftware, glassware, silk flowers, pottery, homewares and seasonal products was bought out of administration by a Leicestershire counterpart. However, store closures have also been announced.
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ThinCats supports childcare group with £4.5m boost

Leicestershire-headquartered alternative lender ThinCats has supported a specialist residential childcare group with a £4.5m in refinance and growth funding.
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Mitie completes acquisition of Interserve Facilities Management

Mitie Group's acquisition of Interserve Facilities Management has completed. The combined business has about 77,500 employees.
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Business

Administration confirmed for Arcadia Group

Arcadia Group, which is behind brands such as Topshop and Burton and employs about 13,000 staff, has appointed administrators. No redundancies have been announced and all stores will continue to trade while administrators assess the options available for the future of the group's businesses.
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Van Elle’s half-year revenue to drop by £10m

Nottingham-headquartered engineering firm Van Elle has said it expects its revenue for the first half of its financial year to fall by about £10m.
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Funding bids call for Lincs businesses

Businesses in Greater Lincolnshire have been called on to submit grant funding bids of £500,000 or more to support major projects.
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Property

Half-year loss for commercial real estate investor

A Leicester-headquartered commercial real estate investment company plunged to a pre-tax loss of more than £16m during the first half of its financial year.
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Firm’s national headquarters completed

A new national headquarters for an educational resource provider has been completed in Nottinghamshire.
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Grant secured for £250m residential development

A planned £250m development for up to 1,700 new homes in Nottinghamshire has secured a grant from the D2N2 LEP.
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Clearbell sets up new fund with GPS

Clearbell Capital has established a strategic partnership with LaSalle Global Partner Solutions (GPS), the investing platform of LaSalle Investment Management.
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Manufacturing

Gtech eyes best-ever results in 2020

Appliance manufacturer Gtech has said it expects to report its best-ever trading performance for 2020. The forecast comes as the company returned to making a pre-tax profit in its latest financial year despite its turnover falling again following a major restructure at the end of 2018.
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Third term for SMMT president

The executive chairman of Horiba Mira is to serve a third term as the president of the Society of Motor Manufacturers and Traders (SMMT).
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Other News

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

Member Exclusive News

Everyone Active renews contract with council

Leicestershire-headquartered Everyone Active has renewed its contract with Ashfield District Council.
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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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