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Top story
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Nottingham faces “major issue” with secondary office stock
Nottingham’s supply of secondary office stock is a “major issue” facing the city. That was the message from Mike Taylor, of Nottingham Regeneration, at Insider’s latest breakfast event. Taylor said: “There is a vast supply of secondary office space in Nottingham at the moment, much of which has no viable use.”
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Deals
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Major deal done for undisclosed sum
A major East Midlands company has today made an acquisition of an unnamed company for an undisclosed sum. One of the advisers on the deal, who cannot be named for legal reasons, said: “This is a cracking deal and sends out a clear message that the professional and financial community can work together to complete deals.”
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Davey unveils changes to ‘pre-packs’
New rules for controversial 'pre-pack' administrations could make it harder for business owners to regain control of failing companies. They have been revealed by Ed Davey, the BIS minister with responsibility for the insolvency regime.
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Property
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Mulitbuild appointed to Loughborough hotel
Contractors have been appointed to build a £4.1m Premier Inn hotel in Loughborough. The 112-bed hotel will be constructed by Multibuild over a 42-week period.
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Business
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Premier League the key, Foxes man tells Soccerex
Only promotion to the Premier League will allow Leicester City to fully exploit its commercial potential, the club’s commercial director Paul Hunt said at a global football business conference.
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Waste Recycling clinches £250m contract
Waste Recycling Group has been awarded preferred bidder status for North Lincolnshire Council's £250m waste contract. The Northampton-based company was named as the successful bidder in partnership with CEMEX.
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Something for the weekend
This week's dose of West Midlands satire includes: By George, Skinner's frank approach and Too much pressure
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Events business expands into Spain
Universal WorldEvents, which has an operation in Ashby-de-la-Zouch, has opened an office in Madrid. The business now has offices in the G5 countries of UK, France, Germany, Spain and Italy in addition to bases in the Netherlands, US, Hong Kong and Singapore.
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Chenalord expands after Chilean deal
A Chesterfield company which manufactures tools for the drilling and mining industry has gained a new customer in Chile with a potential of £400,000 in orders a year. Chenalord said it will now take on two additional staff as the deal completes.
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PBS UK to offer training service
Nottingham-based Payroll Bureau Services (PBS UK) has launched a human resources training operation. The course will offer advice on recruitment, redundancy counselling and employment law.
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Community
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In focus: Child’s play
The government's latest initiative to get Britain back on its feet is StartUp Britain. But, asks Sam Metcalf, is giving children a tenner really the road to economic recovery?
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Talking Point: Retirement from a small business is no minor issue
Owners of small businesses starting to plan their retirement need to look at three key areas where cash savings can be made or lost: staff, contractual arrangements and their leases, according to Neil Etherington, a commercial property partner at law firm Rothera Dowson.
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