Today's East Midlands business news from Insider |
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East Midlands
Tuesday 22 December 2020

Latest News

Top Story

Turnover jump for acquisitive software company

Turnover at an acquisitive software company, which recently received the keys for its new £22m headquarters in Loughborough, surged by almost 40 per cent to more than £260m during its most recent financial year.
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Insider Feature
Feature 1

Business Matters: Peer Networks sees high demand as businesses sign up to work together to drive growth

Peer Networks is working with business owners up and down the country to help them grow and position themselves for future success.
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Deals

Beech Tree eyes Mids expansion

Beech Tree Private Equity has told Insider it is planning to invest in a high growth platform business in the financial services sector and is targeting expansion in the Midlands.
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Multimillion-pound investment for caravan industry supplier

An investment of more than £3m has been made in a Derbyshire-based caravan industry supplier. The alternative capital provider has also increased its stake in the business to 30 per cent.
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eLearning specialist acquired in £4.5m deal

A Leicestershire-headquartered compliance and health and safety eLearning specialist has been acquired in a deal worth up to £4.5m. 
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€718.1m deal agreed for Applegreen

A deal has been agreed for the acquisition of Applegreen, valuing the motorway services and petrol filling stations operator at €718.1m (£652.8m).
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MarketFinance lending tops £340m in 2020

Fintech lender MarketFinance has provided more than £340m to UK businesses in 2020.
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Ulaw expands into Scotland with acquisition

The University of Law (ULaw) has acquired Central Law Training Scotland (CLT Scotland) from Wilmington plc, giving it a presence in Scotland for the first time.
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Business

Europcar hit by “challenging environment” and extra costs

The UK division of vehicle hire company Europcar fell to a pre-tax loss of £4m during its latest financial year "in a challenging environment". However, without the impact of continuing Trading Standards costs, it still made a pre-tax profit of more than £3m.
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Motorpoint hires new chief financial officer

A new chief financial officer has been appointed by Derby-headquartered Motorpoint.
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Shares in listed retailers fall after increased Covid restrictions

Shares in listed retail companies across the Midlands slumped following the increased Covid-19 restrictions which were announced at the weekend.
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Listed software company wins US contract

A Lutterworth-based listed software company has won a new contract with a large US defence contractor.
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DFS sales grow despite “unpredictable” environment

Listed furniture retailer DFS has grown sales in the first half of its financial year but a number of its stores are now closed in Wales and Tier 4 areas of England.
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Turnover tops £500m at JR Rix following acquisitions

Turnover has grown to more than £500m in recently filed accounts for JR Rix & Sons boosted by strategic acquisitions for its petroleum business. Overall, the group is also said to have performed well during the Covid-19 pandemic.
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Midlands business confidence rises

Business confidence jumped across the East and West Midlands in December, according to new figures.
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Property

Major job-creating plans approved

A Dutch cold storage warehousing and distribution giant has secured the go-ahead to create more than 150 jobs in Corby.
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Work starts on new £15.5m leisure centre

Construction work has started on a new £15.5m leisure centre in Nottinghamshire.
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Wedding venue plans for historic hall backed

Permission has been granted to transform a grade II*-listed hall in Derby into a wedding venue.
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Expansion for aircraft maintenance and engineering specialist

An aircraft maintenance and engineering specialist has expanded its base at East Midlands Airport.
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Manufacturing

Aerospace giant posts surge in turnover

A Derby-based aerospace company, which rebranded earlier this year following its $1.9bn merger with a US counterpart, posted a surge in turnover for its latest financial period.
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“Very positive position” for furniture upholstery maker

A Nottinghamshire-based furniture upholstery manufacturer has said it is in a "very positive position going forwards" despite the impact of the Covid-19 pandemic.
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Other News

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

Member Exclusive News

Board changes for luxury retailer

A number of board changes have been announced by Leicester-headquartered Watches of Switzerland Group.
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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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