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East Midlands
Tuesday 16 June 2020

Latest News

Top Story

Joules makes pre-tax loss after pandemic hit

Listed lifestyle brand Joules, which is headquartered in Leicestershire, is expected to report a pre-tax loss of up to £3m for its latest financial year because of the effects of the Covid-19 pandemic.
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Insider Feature
Feature 1

Ask the expert: Should we now abandon Intellectual Property protection for the national good?

A very interesting question has arisen in light of the Covid-19 crisis: is now the time to abandon Intellectual Property (IP) protection for the national good? Brian More, director of IP Commercialisation at Coventry University, offers his advice.
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Deals

Major shareholder increases stake in listed firm

A major shareholder in Leicestershire-based x-ray company Image Scan Holdings has upped his stake.
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University reveals funding boost after shares sale

The amount of money the University of Nottingham has raised through selling shares in a in a cancer detection company recently as been confirmed.
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Growth Street to seek institutional debt funding

Alternative finance provider Growth Street has revealed plans to phase out its peer-to-peer investment structure and seek institutional debt funding.
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Insider Feature
Feature 2

Business Matters: Delivering apprenticeships during lockdown

Tasmin Raynor, head of apprenticeships at De Montfort University, looks at how to deliver apprenticeships during lockdown.
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Business

PE-backed property insurer posts “solid” results

A Lincoln-based property insurance specialist, which is backed by a US private equity firm, has reported a "solid" set of results for the company's latest financial year.
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Travis Perkins to make 2,500 job cuts and close branches

About 2,500 jobs are set to be cut at historic builders' merchants Travis Perkins, it has been revealed, with in the region of 165 branches also earmarked for closure.
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Poundstretcher sets out CVA proposals

Discount retailer Poundstretcher has set out proposals for a company voluntary arrangement (CVA) as part of a turnaround plan for the business.
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Property

Approval tipped for resubmitted major homes plans

Resubmitted plans for up to 176 homes in Leicestershire have been recommended for approval.
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More than 100 homes set for thumbs up

The thumbs up could be given to a proposal for more than 100 new homes.
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Work starts on major extension to industrial scheme

Work is starting this week on a 300,000 sq ft extension to a Derbyshire industrial scheme.
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Approval expected for 55-home scheme

Approval is expected to be given to a proposal for up to 55 new homes at a Leicestershire site later today.
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Manufacturing

Pandemic disruption pushes JLR to £422m loss

Jaguar Land Rover (JLR) has generated a £422m pre-tax loss for its latest financial year due to the impact of Covid-19. The automotive giant also confirmed that it has "taken the difficult decision" to reduce the number of contract-agency employees in its manufacturing plants over the coming months.
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BAE Systems to take on 800 apprentices

BAE Systems is moving forward with plans to recruit a record number of apprentices, despite the Covid-19 pandemic.
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Other News

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

Member Exclusive News

New hire for expanding business

Octavian UK, the Nottingham-based multi-services facilities management and security provider, has made a new appointment.
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