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East Midlands
Thursday 19 September 2019

Latest News

Top Story

Bombardier turnover smashes through £1bn mark

Turnover has smashed through the £1bn mark at Derby-headquartered Bombardier Transportation UK, new figures have revealed.
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Insider Feature
Feature 1

Business Matters: Selling a business: keeping the focus

Richard Whitwell, head of Midlands at LDC, looks at how any transaction has the potential to distract from the day job and impact a business’ operations.
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Deals

Concerns raised over JD Sports’ £90m Footasylum takeover

JD Sports' takeover of Footasylum could be bad for shoppers – both online or instore – with the Competition and Markets Authority lining up a more in-depth investigation should its concerns not be addressed.
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Pensions firm sold in pre-pack deal

The SIPP administration business of Leicester-based firm Berkeley Burke SIPP Administration has been sold out of administration in a pre-pack deal to Hartley Pensions.
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AnaCap raises €1bn for new fund

AnaCap Financial Partners, a dedicated financial services investor, has closed its fourth Credit Opportunities fund, raising a total of €1bn (£886.5m).
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Tilney and Smith & Williamson agree “transformational” merger

The boards of Smith & Williamson and Tilney have agreed to merge, creating a wealth management and professional services group with revenues of £500m. The move values the combined business at £1.8bn.
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Property investor raises more than £500,000

Leicester-headquartered listed commercial real estate investment company Custodian REIT has raised more than £500,000 by issuing new shares.
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ThinCats provides funding boost for energy consultancy

Leicestershire-headquartered ThinCats has provided an entrepreneur with a £750,000 funding boost to support the growth of her specialist energy consulting business.
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Insider Feature
Feature 2

Business Matters: HS2 more than just a fast train!

Claire Barker, head of communication and engagement at Urban Growth Company, looks into HS2.
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Business

Profits and sales surge at retail giant Next

Pre-tax profits and full-price sales have increased at retail giant Next during the first half of its current financial year, new figures have revealed.
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Car Store closures put hundreds of jobs at risk

Automotive retail giant Pendragon has revealed plans to close 22 of its Car Store sites, putting in the region of 300 jobs at risk.
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Profits jump at cinema giant

Pre-tax profits have jumped at the Nottingham-based UK arm of the company behind Showcase Cinemas, newly filed documents have confirmed.
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Results rise for PE-backed education software company

Turnover and profits have grown at a Nottinghamshire-based education software company which was acquired by a Bahrain-based private equity house in 2017.
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Welford Road to go cashless

Leicester Tigers have revealed that their Welford Road stadium is to become cashless for the up-coming Premiership Rugby season.
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New software launched by Ideagen

Nottinghamshire-headquartered global software provider Ideagen has launched a new product.
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Insider Feature
Feature 3

Business Matters: Helping to Develop Infrastructure in Growing Markets

As part of the Midlands Engine Trade Visit programme, Andy Smith, international relationships manager for the Department for International Trade Team in the West Midlands, talks us through their upcoming visit to Kenya and Uganda focused on helping infrastructure businesses secure business in these growing markets.
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Property

Funding secured for Silverstone Park scheme

Funding has been secured for a new Digital Manufacturing Centre at Silverstone Park. The site is forecast to generate £9m additional economic value for the area.
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Step forward for 350 homes plan

Plans to construct about 350 homes on a former school site in Nottingham have taken a major step forward.
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Loan approved to help Notts development

A loan to help pave the way for the site of a former Nottingham police station to be transformed into apartments has been approved.
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Go-ahead secured for 139 new homes bid

Plans for 139 new homes near Boston, Lincolnshire, have been approved.
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Developer named for SEND project

A Northampton developer has been named to create a special educational needs and disabilities (SEND) facility at a Rutland secondary school.
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New coffee shop set for designer outlet

A speciality coffee roaster is to open a new venue at a designer outlet in Derbyshire.
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Manufacturing

Results jump for global pharmaceuticals maker

Revenue and pre-tax profits have jumped at global pharmaceutical and services company Clinigen during its latest financial year.
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Packaging maker cuts losses as turnover rises

A packaging maker cut its losses and increased its turnover to almost £130m during its latest financial year, new figures have revealed.
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Profits leap at Henry firm despite Brexit uncertainty

The company behind the 'Henry' brand of vacuum cleaners has reported increased revenue and profits in its latest financial accounts despite the ongoing uncertainty about Brexit.
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Other News

Midlands Top 500 Companies List - 2019 edition available now

Member Exclusive News

Nottingham Rugby name ticket retailer

Nottingham Rugby have announced a new official ticket retailer for the 2019/20 season.
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26 Nov

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Corporate Finance Directory

Corporate Finance Directory

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Best Places to Meet

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Best Places to Stay

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