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East Midlands
Tuesday 30 June 2020

Latest News

Top Story

Frasers Group significantly increases Hugo Boss stake

Mike Ashley’s Frasers Group has significantly increased its stake in luxury fashion brand Hugo Boss. The listed retailer first invested in the company earlier this month.
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Insider Feature
Feature 1

Business Matters: Midlands companies embrace 3D printing during Covid-19

Esther Gottschalk and Philip Cupitt from Marks & Clerk LLP say 3D printing, expected to be a $35.6bn industry by 2024, has a significant role to play in the production of goods. This was the case before the current Covid-19 crisis, but is likely to continue in spite of it.
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Deals

PE-backed company completes double deal

A private equity-backed company formed less than a year ago has added two new businesses to its portfolio as it continues its plans to have £1bn of assets under its advice within the next 12 months.
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SMEs urged to access £6.5m funding boost

Small to medium-sized (SME) manufacturers across the Midlands are being urged to take a slice of a £6.5m funding boost to help them recover from the Covid-19 pandemic and address key barriers to growth.
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Grant scheme re-opens to provide post-lockdown support

Applications have been re-opened for a grant scheme aimed at Derby businesses to provide a post-lockdown boost.
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PE-backed MBOs hit by pandemic slow down

The Midlands’ private equity-backed buy-out market slowed significantly in the first half of 2020 because of the Covid-19 pandemic, according to new figures.
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K3 Capital conditionally raises £30.45m

K3 Capital has conditionally raised £30.45m.
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Insider Feature
Feature 2

Business Matters: Do you have the right communications technology to work flexibly?

Duncan Ward, CEO of Network Telecom, looks at the technology to consider ahead of returning to the office and the benefits it will offer a post-lockdown workforce.
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Business

Pre-tax losses widen at listed recruiter

Pre-tax losses widened at Nottingham-headquartered recruitment company Staffline during its latest financial year, new figures have revealed. However, the listed business said its board remains "cautiously optimistic" that each of its three divisions will achieve a positive result in 2020 on an underlying operating profit basis.
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Business organisations respond to Johnson’s ‘New Deal’ for Britain

Business organisations have responded to Boris Johnson's 'positively Rooseveltian New Deal' for Britain, which encourages the country to 'build, build, build' in a bid to recover from the impact of Covid-19.
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New regional ambassador for IoD East Midlands

IoD East Midlands has appointed a new regional ambassador for marketing and communications.
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Restaurant Group creditors back CVA proposals

The Restaurant Group's plans to reduce the size of its estate by implementing a CVA have been backed.
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Confidence rises across the Midlands

Business confidence across the Midlands rose during June with the West being the least pessimistic in the UK, according to new figures.
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New CFO in at FRP

FRP Advisory Group has appointed a new chief financial officer.
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Firm takes on new staff to cope with tests demand

A Derby company has taken on 15 new staff to cope with the worldwide demand for its Covid-19 rapid testing kits.
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Property

Hotel planned for city centre nightclub refused

A bid to transform a former Leicester nightclub into an aparthotel has been refused.
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Contractor hands over £6.3m leisure centre

Morgan Sindall Construction has handed over a £6.3m leisure centre in a Lincolnshire town.
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Work to start on town centre masterplan

Work is set to start on a town centre masterplan that will guide regeneration in Mansfield over the next 15 years.
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Run-down office block tipped for flats after seven-figure deal

Plans to transform a run-down office block in Chesterfield into apartments have been outlined after the building was bought for a seven-figure sum.
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Major letting deal secured at business park

More than 20,000 sq ft of space has been let at a Leicestershire business park.
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Manufacturing

UK engine manufacturing “skyrockets”

Engine manufactuing in the UK "skyrocketed" in May but was still 75 per cent down on the same month in 2019, new figures show.
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Other News

€125m first close of new GP Bullhound fund

BP to sell petrochemicals business to INEOS for $5bn

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

Member Exclusive News

Company to continue Nottingham Rugby sponsor deal

Nottingham-based Mason Infotech is to continue to sponsor the city's Championship rugby club into the 2020/2021 season.
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Midlands: Keeping Your Business Relevant Online Forum 2020

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Insider East Midlands Dealmakers Awards 2020

Services & Guides

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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