Today's East Midlands business news from Insider |
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East Midlands
Monday 12 October 2020

Latest News

Top Story

Revenue driven up at major VW dealer

Revenue at one of the largest Volkswagen retailers in the East Midlands was driven up by more than £20m during its latest financial year.
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Insider Feature
Feature 1

Business Matters: What to do when furlough ends

The government’s furlough scheme has been keeping many businesses afloat, but with new restrictions and the threat of a second wave looming, will the new Jobs Support Scheme be enough to save jobs? What else can businesses do to keep cash flowing?
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Deals

US investors buy Rolls-Royce shares

A pair of US-based investors have bought shares in Derby-headquartered engineering giant Rolls-Royce.
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Carlsberg UK’s MD welcomes JV deal clearance

The managing director of the Northampton-based UK arm of Carlsberg has welcomed the approval of its £780m joint venture with Marston's.
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Firm takes stake in luxury watch retailer

An investment fund has taken a stake in a Leicester-headquartered luxury watch retailer.
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Wattbike’s £11.5m investment wins Deal of the Month

A company which makes static bikes for the likes of Olympians, the army and the England football team securing an £11.5m investment from a private equity firm has been named as Insider's Deal of the Month for September.
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Business

Contractor eyeing continued recovery

A Leicestershire contractor has said it expects to continue its recovery, which started in 2019, and return to a "good level" of profitability and cash generation "in the near future".
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Turnover nears £25m at acquired healthcare tech provider

Turnover neared £25m at a Nottinghamshire healthcare technology provider in the year it was acquired by a listed Australian business for more than £100m.
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Job Support Scheme expanded due to Covid-19 restrictions

The government’s Job Support Scheme (JSS) will be expanded with the aim of protecting employees and supporting businesses required to close their doors as a result of coronavirus restrictions.
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The Very Group returns to profit as sales hit £2bn

The Very Group has returned to profit and posted revenues of more than £2bn for the first time.
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Edinburgh Woollen Mill ‘set to appoint’ administrators

Edinburgh Woollen Mill is reportedly on the brink of appointing administrators, putting 21,000 jobs at risk.
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Property

Major extra care development approved

A major extra care development is on track to be constructed in Derby after the plans were approved.
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Plans in for 115 new homes

A planning application for 115 new homes to be constructed in Nottinghamshire has been submited.
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Apartment block tipped for Nottingham

A five-storey apartment block could be constructed in Nottingham, according to new plans.
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Work starts on town’s new industrial development

Work has started on an industrial development in a Northamptonshire town.
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CityFibre takes space at landmark office building

CityFibre has taken space at a landmark office building on the edge of Derby city centre.
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MIPIM’s new 2021 dates revealed

The organiser of global property expo MIPIM has announced when its next edition will be staged.
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Green light for 45 new properties

Plans for 45 new homes to be constructed on a site in Leicestershire have been approved.
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Apartments bid for student halls site turned down

A proposal to knock down a student halls of residence in Leicester and build 100 apartments for the elderly has been turned down.
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Manufacturing

Plastics company sees improvement since lockdown height

A Lincolnshire plastics compounder and recycler has revealed it has seen its turnover and profits improve since the height of the Covid-19 lockdown.
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Other News

NEW Midlands Top 500 Companies Database - Preorder today and get the Early Bird Offer

Member Exclusive News

New hire for PR and comms agency

A Derby PR and communications agency has made a new hire.
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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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