Today's East Midlands business news from Insider |
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East Midlands
Thursday 3 December 2020

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Rolls-Royce snaps up marine automation systems company

Derby-headquartered Rolls-Royce has acquired an international supplier of integrated marine automation systems for navies, commercial vessels and large yachts.
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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

Software group acquires London-based business

A software company, which recently received the keys for its new £22m headquarters in Loughborough, has announced the acquisition of a London-based business.
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Spin-out secures new Innovate UK funds

A spin-out from two universities to commercialise a new class of materials has secured additional funding from Innovate UK.
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Deal which paves way for £178m acquisition completes

Leicestershire-headquartered construction materials giant Breedon's deal to dispose of certain assets to a counterpart for more than £12.2m has completed.
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TalkTalk offer deadline granted further extension

The firm behind a preliminary takeover offer for TalkTalk has again been granted more time to make a bid.
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Business

Results rise for clothes supplier

Revenue and pre-tax profits rose at a Nottinghamshire business which specialises in the import and export of socks, underwear and loungewear, during its latest financial year.
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PE-backed education software firm falls into the red

A Nottinghamshire-based education software company, which is backed by a private equity firm, slipped to a pre-tax loss during its latest financial year.
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Law firm adds new partner to Leicester office

A dispute resolution partner and solicitor has joined the Leicester office of law firm Nelsons.
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Care provider secures contract extensions worth almost £10m

Contract extensions worth almost £10m have been secured by a Derby-headquartered out-of-hospital care provider.
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CBI hails UK vaccine approval

The Confederation of British Industry (CBI) has hailed the UK's approval of the Pfizer/Biontech Covid-19 vaccine.
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Digital innovation centre project secures funding boost

A project to create a new digital innovation centre in Nottinghamshire has secured a funding boost.
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Administrators appointed to Bonmarché

Administrators have been appointed at the company behind womenswear fashion chain Bonmarché but no redundancies or store closes have been made.
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Law firm’s advocacy arm increases fee income

Browne Jacobson’s advocacy arm grew its fee income 18 per cent to £1.8m during its most recent financial year.
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Property

Housebuilder returns to the black as turnover surges

A Northamptonshire housebuilder returned to making a pre-tax profit during its latest financial year as its turnover surged, new figures have revealed.
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Go-ahead for employment units

Proposals for three employment units to be constructed on an industrial estate in Leicestershire have been voted through.
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Care home plans recommended for green light.

Proposals for a residential care home to be constructed on the site of a now-demolished pub in Nottinghamshire has been recommended for approval for a second time.
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Student flats planned for historic city centre buildings

Plans have been submitted to transform the upper floors of a building in Nottingham city centre into student flats.
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Housing minister to give keynote speech

Housing minister Christopher Pincher will give a keynote speech at Insider’s Midlands Residential Property Conference next week.
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Homes plans revealed for old pub site

An application to transform the site of a former pub in Leicestershire into 25 new homes has been submitted.
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Former magistrates court tipped for apartments

Plans to transform the former magistrates court in Corby into apartments have been submitted.
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First acquisition for property company’s new venture

The new company established by Yorkshire based In-site Property Solutions has made its first acquisition with a mixed-use industrial site in Nottingham
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Other News

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

Member Exclusive News

Marstons extends long-running deal with county cricket club

Marstons Brewery has extended its commercial partnership with Leicestershire County Cricket Club ahead of the 2021 season.
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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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