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East Midlands
Wednesday 3 June 2020

Latest News

Top Story

Brick maker puts hundreds of jobs at risk

Up to 375 jobs have been put at risk by Leicestershire-headquartered brick making giant Ibstock because of the impact of the ongoing Covid-19 pandemic. It is also considering "selective" site closures.
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Insider Feature
Feature 1

Business Matters: Where next for dealmaking

Andy Gregory, head of investments at BGF, takes a look at what the future holds for dealmaking.
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Deals

PE firm acquires renewable energy plant

Sleaford Renewable Energy Plant in Lincolnshire has been acquired by Greencoat Capital LLP.
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Overdraft support for historic builders’ and plumbers’ merchants

An historic builders’ and plumbers’ merchants in Lincolnshire and Nottinghamshire has secured an overdraft facility from HSBC UK to help manage supplier payments and wider business liquidity during the Covid-19 pandemic.
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Jobs safeguarded as “substantial” part of Oddbins sold

Jobs have been safeguarded after a "substantial part" of the business and assets of high street wine retailer Oddbins was sold out of administration.
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OakNorth hails funding support in unprecedented time

The head of debt finance at OakNorth Bank has said the fallout from the coronavirus pandemic 'could be worse than the 2008 financial crash', but hailed the government's "phenomenal" financial support for businesses during an unprecedented time. 
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Lenders hit £31.1bn coronavirus milestone

Lenders have approved £31.3bn to more than 745,000 businesses so far through the three major government-backed lending schemes, according to new figures.
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Business

Challenging year for Cambridge & Counties Bank

The chairman of Leicester-headquartered Cambridge & Counties Bank has branded 2019 its most challenging since its inception.
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Two British Grand Prix confirmed

Plans to hold two British Grand Prix at Silverstone this summer have been officially announced by F1.
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Major investment completed by metal and waste recycling firm

A Derbyshire-based metal and waste recycling company has completed a £1.5m investment.
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Ryanair traffic plummets as disruption continues

Traffic at Ryanair plummeted during May after operations were heavily impacted by the ongoing pandemic.
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Shares sale surges after “excess demand”

The number of shares sold in Gateley surged to 5.5 million due to "excess demand", the listed law firm has said.
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Property

Operator of £22m Leicester hotel revealed

The operator of a new £22m hotel opposite Leicester Tigers' Welford Road stadium has been revealed.
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First land sale for 2,000-home scheme

The first parcel of land in Leicestershire earmarked to be transformed as part of a wider 2,000-home scheme has been sold.
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Detailed master plan published for 100-homes development

A detailed master plan to develop about 100 new homes at a Leicestershire site has been published.
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£7.5m deal signed to complete scheme’s fourth phase

A £7.5m deal has been signed to complete the fourth phase of a 400-acre mixed-use development in Burton-upon-Trent.
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Go-ahead for care home plans

Plans for a 64-bed care home to be constructed on the site of a former pub in Chesterfield have been approved.
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LondonMetric completes series of deals

Real estate investor LondonMetric Property has made a pair of acquisitions for £11.6m and completed a £13.3m disposal.
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Manufacturing

Forterra reveals plans to cut 225 jobs and mothball site

Northamptonshire-headquartered building products manufacturer Forterra has revealed plans to cut 225 jobs and mothball one of its Derbyshire sites because of the coronavirus pandemic.
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Law firm advises GKN on Ventilator Challenge UK

Law firm Browne Jacobson provided pro bono advice to global engineering giant GKN Aerospace in its role as a member of Ventilator Challenge UK.
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Other News

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

Member Exclusive News

Company lets new Derbyshire base

Midland Industrial Designers has signed a deal to take new space in Derbyshire.
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