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East Midlands
Monday 6 July 2020

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Barratt Developments to repay furlough funds

Leicestershire-headquartered house building giant Barratt Developments has vowed to pay back the money it received from the government's furlough scheme which helped safeguard about 6,700 jobs during the height of the Covid-19 lockdown.
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Insider Feature
Feature 1

Business Matters: Ambition is the key to success for East Midlands firms

Richard Whitwell, Head of LDC in the Midlands, has said making predictions at any point in the economic cycle is difficult but doing so amidst the biggest public health emergency in living memory makes it almost impossible.
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Deals

Rolls-Royce completes acquisition of Belgian-based specialist

Rolls-Royce has completed the acquisition of a Belgian-based specialist in dynamic uninterruptible power supply.
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Midlands Dealmakers - 700 reasons to vote for this year’s awards

There have more than 700 M&A transactions in the Midlands over the last 12 months – and Insider wants you to select the best for this year's Dealmakers Awards.
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Recruitment conglomerate secures £4m extra funding

A Leicestershire-based recruitment conglomerate has secured £4m in additional funding.
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Supporters invest in Lincoln City FC

Fans of Lincoln City FC and the supporters trust have increased their stakes in the League One club. The club have also received a separate £300,000 investment.
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UK Government invests $500m in OneWeb deal

The UK Government has led a successful bid to acquire OneWeb which develops cutting-edge satellite technology in the UK and in the US.
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Insider Feature
Feature 2

Business Matters: Restructuring

Mark Wilson, partner at Gateley, looks into how businesses will be restructuring.
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Business

Early start to HS2 called for as job figures revealed

An early start to the eastern leg of HS2 has been urged by political leaders in the Midlands and North. The call comes as research suggested that the section of the line could create up to 150,000 jobs.
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Truck dealer’s turnover jumps to record heights

Turnover jumped to record heights for one of the largest Scania truck and parts dealers in Europe during its latest financial year. However, the company's chairman warned that the business expects its results to be "significantly dampened" in 2020 because of the Covid-19 pandemic.
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Government announces £1.57bn support package for the arts

The future of museums, galleries, theatres, independent cinemas, heritage sites and music venues across Britain has been safeguarded with a new £1.57bn government rescue package.
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New finance director for Shoe Zone

Leicester-headquartered Shoe Zone has appointed a new finance director.
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Imps announce job cuts after pandemic bites

Lincoln City FC have announced a number of redundancies following the curtailment of the 2019/20 season and the lack of match day income because of the Covid-19 pandemic.
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£10m tourism fund unveiled as lockdown restrictions ease

A £10m fund designed to back communities that depend on tourism has been unveiled.
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Senior promotion at consultancy

A Leicestershire-headquartered engineering, health and safety, and environmental consultancy has announced a senior promotion.
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Property

Shopping centre redevelopment partnership enters liquidation

The partnership in charge of redeveloping a Nottingham shopping centre has entered compulsory liquidation.
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LEPs awarded £44m to boost infrastructure projects

More than £44m has been awarded to two local enterprise partnerships (LEP) as part of the government’s ‘Getting Building’ fund.
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Creditors approve Poundstretcher CVA

Creditors have approved Poundstretcher's plans for a company voluntary arrangement (CVA) as part of a turnaround plan for the business.
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Housebuilder secures site for more than 150 new homes

A housebuilder has acquired an almost 30-acre site in Nottinghamshire and outlined its plans for more than 150 homes.
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Manufacturing

Boohoo responds to minimum wage claims about supplier

Boohoo has responded to claims a supplier is paying workers below minimum wage at a manufacturing facility in Leicester.
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Other News

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

Member Exclusive News

LEP searching for new board member

An LEP is on the lookout for a new board director.
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