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East Midlands
Wednesday 12 August 2020

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Revenue and profits surge at iconic shoe brand

Revenue surged by almost 50 per cent at iconic shoe brand Dr Martens during its latest financial year, while its profits more than doubled. The private equity-backed company is headquartered in Northamptonshire.
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Insider Feature
Feature 1

Business Matters: How to get investment in turbulent times

Ray Harris, MEIF principal at Foresight Group LLP, offers a helpful guide for management teams of SMEs looking for equity investment post pandemic.
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Deals

Pall-Ex completes deal for counterpart

A Leicestershire logistics company which was sold by a former Dragon's Den star last year has acquired a counterpart.
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Six-figure boost for games payment system firm

A Derby company which has developed a new payment system for the games industry has secured a further £200,000 investment.
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Pandemic support for hospitality business revealed

The funding which enabled a Derbyshire-based hospitality business to reopen following the height of the Covid-19 lockdown has been revealed.
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More than 1.2 million firms supported by government-backed Covid-19 schemes

More than 1.2 million businesses across the UK have now receive funding from lenders through government-backed coronavirus lending schemes.
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Solicitors firm advises on multimillion-pound deal

A solicitors firm has been named as an adviser on a deal which saw a Derby business agree to be acquired by K3 Capital Group.
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Business

Company’s finance director steps down

The finance director of a warehousing, transport, property and energy company in Nottinghamshire has announced his departure from the role.
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Debenhams to cut 2,500 jobs

Debenhams has announced plans to slash 2,500 jobs to give the retailer "every chance of a viable future".
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Used car market almost halves in second quarter

The UK’s used car market almost halved during the second quarter of 2020, new figures have confirmed.
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Turnover tops £850m at Hermes UK

Turnover has grown to more than £850m at parcel delivery giant Hermes UK, which has recently agreed the sale of a majority stake to Advent International.
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Property

Property investor confident of double digit returns

A Northampton-headquartered regional investment and development company increased its turnover during its latest financial year and said it can still deliver double digit returns despite the challenges of the Covid-19 pandemic.
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Derby’s Assembly Rooms tipped for demolition

A formal application has been lodged to demolish the Assembly Rooms in Derby which has been closed since 2014 following a fire.
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Green light expected for 71 new homes

A bid to construct up to 71 new homes in Lincolnshire has been recommended for approval.
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Deal to sell oriental food wholesaler’s HQ for £2.2m struck

An oriental food wholesaler's deal to sell its Nottingham headquarters for £2.2m has been agreed.
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Vote set on 22-home bid

A total of 22 new homes could be constructed in Lincolnshire if the scheme is approved next week.
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Completions fall at Bellway but recent signs “encouraging”

Housebuilder Bellway has reported a drop in completions of almost a third but said recent sales demand had been "encouraging".
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Work on new Lidl store set to be completed

Construction on a new 23,000 sq ft Lidl store in Mansfield is on track to be completed next month.
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Manufacturing

“Very promising” future eyed by pet food brand

The family-owned business behind a pet food brand that can trace its roots back to the 1930s and is sold all over the world has said its outlook is "very promising" after reporting the results of its latest financial year.
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Lead price sees manufacturing giant’s revenue fall

The price of lead contributed to a fall in revenue at a manufacturing giant during its latest financial year, new documents have revealed.
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Turnover and profits rise at engineering company

Turnover and profits have risen at an independent engineering company specialising in the design and supply of integrated safety, control and automation systems.
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Rolls-Royce moves to avert fears over EU safety statement

Rolls-Royce has moved to "address any potential speculation" over an Airworthiness Directive which is to be issued by its regulator, the European Union Aviation Safety Agency.
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Carlsberg reveals sustainability improvements

The UK arm of beer giant Carlsberg saved the equivalent of 18 Olympic-sized swimming pools worth of water in 2019, according to a new report.
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Other News

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Member Exclusive News

Communications firm signs deal with global specialist

A communications company based in Leicester has become the first UK business to enter into an agreement with global customer experience specialist, Quadient, joining its 'Digital Now' programme.
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