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East Midlands
Thursday 27 August 2020

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Top Story

£5.4bn loss at Rolls-Royce

Rolls-Royce has reported a £5.4bn pre-tax loss for the first half of its financial year, with Covid-19 having an "unprecedented" impact on its civil aerospace division.
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Insider Feature
Feature 1

Business Matters: Help us put the Midlands at the forefront of the energy from waste industry

As the world's population rises, the demand for energy is also growing significantly. At the same time, the issue of managing the waste caused by the population increase urgently needs to be addressed. Professor Martin Freer, director of the Energy Research Accelerator, explores the issues and the possible solutions.
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Deals

DFS agrees Sofa Workshop sale

Listed furniture retailer DFS has agreed a deal to sell subsidiary Sofa Workshop to a counterpart.
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The Hut Group confirms flotation plans

The Hut Group has confirmed it is considering proceeding with a flotation in a move that, according to chief executive Matthew Moulding, reflects the achievements of the past and the company's belief in the "significant potential" for the future.
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Business

Aggregate supplier completes £3.5m investment

An independent family-owned aggregate supplier has completed a £3.5m investment in new machinery at its Brassington Moor Quarry.
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Cybersecurity firm wins US Government contract

A Lutterworth-based cybersecurity software company has won a multimillion-pound contract with the US Department of State.
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Property

Green light recommended for Stathern housing scheme

The green light has been recommended for a new housing development on former agricultural land in Stathern.
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Morgan Sindall secures £4.8m car park brief

Morgan Sindall Construction has been selected to complete a £4.8m programme of repairs and improvements to Swansgate multi-storey car park in Wellingborough.
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More than 150 new homes coming to Clay Cross

Mixed-tenure developer Countryside has exchanged contracts on land for its Clay Cross development, set to provide more than 150 new homes.
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New Look unveils CVA proposal

New Look has outlined a proposal to move the majority of its UK stores’ rent to a turnover basis as part of a company voluntary arrangement (CVA). The fashion retailer, which employs more than 11,000 workers in the UK, said the move was needed to reflect the market environment.
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Manufacturing

Thornton & Ross’ parent records half-year turnover rise

Turnover has grown by 16 per cent in the half-year results for the parent company of pharmaceutical manufacturer Thornton & Ross which numbers Covonia, Savlon and Zoflora among its portolio.
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Member Exclusive News

New non-executive director for Shoe Zone

Leicester-headquartered retailer Shoe Zone has appointed a new non-executive director.
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