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East Midlands
Insider News
Tuesday 1 March 2022

LATEST NEWS

TOP STORY

The chief executive of Travis Perkins has hailed the company's "outstanding" performance during a financial year in which it returned to pre-tax profits.
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INSIDER FEATURE

Insider’s roundtable found that data, transparency and funding were the key issues when it came to developers seeking to cut their carbon footprint. Also, more needs to be done to take advantage of the ‘green premium’ which comes from repurposing existing buildings to modern standards.
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DEALS

Thermoplastic product manufacturer Simona Group has acquired Chesterfield-based PEAK Pipe Systems, a polyethylene pipe system specialist, from Bridgstock, a family-run holding company, also headquartered in Chesterfield. The deal was supported by prominent advisers.
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The number of equity deals for smaller businesses across the Midlands grew during the first three quarters of 2021, according to new figures from the British Business Bank.
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Mercia Asset Management has completed a second tranche investment round of £4.3m into an existing portfolio company.
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Blackwell's, an academic and specialist bookseller with sites across the UK, has been acquired after 143 years of family ownership.
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INSIDER FEATURE

Grant Peggie, director Venture Capital Solutions, 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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PROPERTY

Terra Strategic has agreed to purchase a site in Lincolnshire to pave the way for a £67m mixed-use development featuring more than 300 homes.
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A student accommodation provider has secured a £22.6m finance facility to support the development of a 270-bed scheme in Nottingham.
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A major employment scheme proposed for a site owned by Tata Steel in Northamptonshire has been recommended for refusal ahead of a planning committee meeting next week.
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Revised plans have been submitted for the construction of almost 120 homes in Newark.
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BUSINESS

The Midlands life science sector can play a key role in preparing the country for the next pandemic, a leading industry figure has told Insider.
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The East Midlands is on the brink of an electric vehicle boom, according to new figures from regional transport body Midlands Connect and WSP.
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Shawbrook has appointed a new chief product officer as part of its growth plans.
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MANUFACTURING

Turnover and pre-tax profits grew at savoury pastry maker Pukka Pies during a year of "exceptional circumstances", according to newly filed documents.
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UK commercial vehicle production grew during January but remained below pre-pandemic levels, according to the latest figures.
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OTHER NEWS

MEMBER NEWS

Nottingham-headquartered Oncimmune Holdings has signed a commercial contract with Verily Life Sciences LLC.
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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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