Today's East Midlands business news from Insider |
Latest News | Revenue at the group behind the likes of Sports Direct and House of Fraser jumped closer to the £4bn mark during its latest financial year, although pre-tax profits dipped by almost 20 per cent. It is now set to invest more than £100m in a "digital elevation strategy".
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Lucy Twomey, HR and legal adviser at Make UK, says as businesses consider how to survive the economic impact of Covid-19, the stark reality is that, for many, redundancies are now unavoidable. Managing a redundancy procedure can be challenging in normal circumstances but Covid-19 has added new complexity.
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The Competition and Markets Authority (CMA) has officially launched an investigation into joint venture deal between brewing giants Marston's and Carlsberg UK.
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The British Business Bank has approved four additional lenders for accreditation under the Coronavirus Business Interruption Loan Scheme (CBILS).
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Assetz Capital has signed a funding deal with a Nordic financing provider to contribute to its lending under the Coronavirus Business Interruption Loan Scheme (CBILS).
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Nottingham-headquartered engineering contractor Van Elle fell to a pre-tax loss during the first half of its financial year following a "challenging trading environment" which was "significantly exacerbated" by the Covid-19 pandemic.
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A retail supply chain services business returned to making a pre-tax profit during its latest financial year as its turnover neared the £25m mark.
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A new group managing director has taken over at a Burton-upon-Trent machinery seller.
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Mother and baby retailer Mothercare has completed a number of franchise agreements - including a deal with Boots - and confirmed talks to "modernise and improve" its commercial relationships. It comes almost a year after the company went into administration.
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Lookers is beginning to see some "healthy signs of recovery" in vehicle sales.
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Listed car retail group Vertu Motors is said to be in a "significantly better position than anticipated during the lockdown" following strong trading in July.
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More than 250 jobs are set to be created after multimillion-pound plans to transform Nottingham's historic Guildhall into a four-star hotel were approved.
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Work to knock down the former Debenhams store in Derby city centre to make way for a £200m regeneration scheme has been completed.
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An £800,000 refurbishment project is taking place to provide a new base for an LDC-backed Nottingham company which provides software to energy providers in the UK.
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Further redundancies have been proposed at a building materials supplier at its north Lincolnshire plant.
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A chocolate manufacturer has described the results of its latest financial year as "satisfactory" after a period of investment.
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Member Exclusive News | A £4m investment scheme has started to rebuild parts of Derby’s electricity network in response to an anticipated surge in demand.
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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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