Today's East Midlands business news from Insider |
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East Midlands
Tuesday 23 June 2020

Latest News

Top Story

Shoe Zone slips to half-year loss as jobs and stores lost

Shoe Zone slipped to a pre-tax loss during the first half of its financial year, with revenue also dipping because of the Covid-19 pandemic. The business has also closed 20 stores and made redundancies.
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Insider Feature
Feature 1

Business Matters: The current state of markets

With markets continuing to march higher in the wake of an unpredictable global pandemic, Suhas Sainath, senior banker at J.P. Morgan Private Bank, analyses their current state. What scenarios are the markets accounting and not accounting for? Are they oblivious to the risks, or keenly aware of them?
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Deals

Hundreds of jobs saved as attraction tech firm sold

More than 600 jobs have been saved after a Derby company which creates technology for attractions at the likes of Alton Towers, Thorpe Park, the London Eye and major venues in the US and China was sold out of administration.
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ThinCats gets CLBILS accreditation

ThinCats has been approved by the British Business Bank as a new accredited lender to provide term loans through the Coronavirus Large Business Interruption Loan Scheme (CLBILS).
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Notts firm advises on trio of acquisitions

The corporate team in the Nottingham office of Gateley Legal has advised a tooling company on the acquisition of three businesses.
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More than £200,000 raised to help save zoo

More than £200,000 has been raised so far to help Twycross Zoo through the Covid-19 pandemic.
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Cineworld secures £200m funding boost

National cinema chain Cineworld has agreed a new secured debt facility worth more than £200m.
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Insider Feature
Feature 2

Business Matters: Delivering apprenticeships during lockdown

Tasmin Raynor, head of apprenticeships at De Montfort University, looks at how to deliver apprenticeships during lockdown.
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Business

£350m East Coast Main Line investment revealed

A £350m investment to install state-of-the art electronic signalling designed to cut journey times and slash delays on the East Coast Main Line has been announced.
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New UK CEO for Capital One

Capital One has announced the appointment of a new chief executive of its Nottingham-headquartered UK arm.
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IoD appoints skills and education ambassador

The Institute of Directors (IoD) has appointed a new skills and education ambassador for the East Midlands.
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New clients for expanding digital marketing agency

An expanding digital marketing agency in Nottingham has announced a number of new clients including Sunlife and Topps Tiles as part of a successful second quarter for the business.
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KPMG on standby as Intu updates on standstill talks

Intu has provided an update on lender discussions as it looks to achieve stability through standstill-based agreements. The shopping centre giant also confirmed it has appointed KPMG to make contingency plans for administration should its talks with stakeholders prove unsuccessful.
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Financial Conduct Authority names CEO

A new chief executive of the Financial Conduct Authority has been named.
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Property

Pre-tax profits slashed at property investment giant

Pre-tax profits have been slashed at a Leicester-headquartered property investment giant.
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Landmark Leicester building tipped for demolition

A 22-storey tower block in Leicester could be knocked down, according to newly submitted plans.
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Historic hotel given £10m price tag

A listed Nottinghamshire hotel which dates back to 1863 has been put up for sale with a guide price of £10m.
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Dog treats maker secures go-ahead to relocate

A company which makes dog treats has secured permission to relocate after its current base was earmarked for demolition.
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Screwfix takes business park space

Screwfix has signed up to take space at a Derby business park.
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Manufacturing

Almost 200 jobs to be lost at rebranded firm

Almost 200 jobs are set to be lost at a Derby company which rebranded after it recently completed a $1.9bn merger.
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Other News

Midlands Top 500 Companies Database - contact the region’s top decision makers

Member Exclusive News

Tapas eatery set for closed Carluccio’s resturant

A former Carluccio's resturant in Nottingham is to be transformed into a tapas eatery.
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Midlands: Leadership After Lockdown Online Forum 2020

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17 Sep

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