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East Midlands
Insider News
Wednesday 26 January 2022

LATEST NEWS

 

TOP STORY

The chief executive of listed building products manufacturer Forterra is eyeing "meaningful growth" after a strong year in 2021. The company added that it has also launched a share buyback programme to return £40m to its shareholders.
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INSIDER FEATURE

Grant Peggie, director for venture capital solutions at British Business Bank, says from local manufacturers to innovative tech start-ups, small businesses are the foundation of the Midlands' economy and its future growth.
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DEALS

Leicestershire-based alternative lender ThinCats has backed the management buyout of a digital creative marketing agency.
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Element Materials Technology Group, a global business specialising in testing, inspection, and certification services with bases across the UK, has been acquired in a multibillion-pound deal by Temasek from Bridgepoint.
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The Competition and Markets Authority (CMA) has served an initial enforcement order in relation to the agreed all-share combination of National Express and Stagecoach. The deal is expected to create a group with a fleet of about 40,000 vehicles and a workforce of approximately 70,000 people.
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INSIDER FEATURE

With the global cost of cybercrime predicted to top US$10.5tn by 2025, it is more lucrative than drug trafficking. Fayyaz Shah, operations manager at METCLOUD, explains why syndicates are targeting SMEs and what businesses can do to protect themselves.
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PROPERTY

A former head of commercial at property consultancy Carter Jonas has been appointed as chair of the East Midlands Development Company.
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Plans have been lodged for the construction of up to 200 homes in Leicestershire as part of a wider development.
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An application proposing the construction of a roadside services facility on the site of a pub in Derbyshire has been refused despite being recommended for approval.
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Pho, a 100-cover Vietnamese restaurant, is set to open in Nottingham.
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Inland surfing company The Wave has signed an exclusive partnership agreement with a wave-making technology provider to bring forward at least six more developments across the UK and Ireland.
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BUSINESS

The chief executive of Nottingham-headquartered listed utilities supplier Yü Group has hailed the company's "very strong" performance during its latest financial year.
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Unilever, the consumer goods giant behind brands including Marmite, Vaseline and Ben & Jerry's, has confirmed plans to cut about 1,500 management roles globally as part of a simplification of its business model.
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Profits have grown in the latest accounts for a major car dealership group despite the impact of lockdowns.
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Travelodge has launched its 2022 recruitment drive and is looking to fill 600 positions across its 582 UK hotels and headquarters.
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MANUFACTURING

Boohoo Group has begun production at its new 23,000 sq ft factory, creating up to 180 jobs in the process.
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OTHER NEWS

 

MEMBER NEWS

 

Tecserv UK, a Nottingham-based fire and security alarm maintenance and installation specialist, has appointed a new security project manager.
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UPCOMING EVENTS

 

SERVICES & GUIDES

 

Find an adviser to help you buy, sell or invest in a business.
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The region's top places to hold events, conferences and meetings.
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The region's top hotels and accommodation.
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