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Thursday 02 June 2011

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Insider News - East Midlands Edition
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Top story

Bid to bring Green Investment Bank to Nottingham

Nottingham has ambitious plans to become the home of the government's Green Investment Bank. Speaking at an Invest in Nottingham Club lunch at Trent Bridge, chairman Paul Southby said there is a "head of steam" building behind a bid to get the bank based in the city.   READ MORE...

 
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Forming an exit strategy

Image Description HereSimon Woolley, managing partner at EOS Law, explains why ensuring you have an exit strategy in place could make all the difference in your sale.

 
Deals

Emda reveals record investment figures

The East Midlands Development Agency (Emda), said it has created or safeguarded more than 4,500 jobs in the region over the past year through its involvement in 42 inward investment schemes.   Read More...

Tracsis-MPEC deal completes

Derby-based Tracsis has completed the takeover of neighbouring MPEC Technology in a deal worth up to £3.4m, it confirmed today.   Read More...

Balfour Beatty sells track work arm

Balfour Beatty Rail has sold its UK track work manufacturing business, which has a site in Nottingham, to US business Progress Rail Services.   Read More...

Private equity-backed businesses 'not expecting' sale

More than half of chief financial officers (CFOs) of private equity-backed businesses don't expect their private equity investor to exit before 2013, according to a survey by Deloitte.   Read More...

 
Property

Northampton hotel chain unveils first site

A newly-founded hotel group based in Northampton is set to launch its £24m flagship site in the Midlands. Jane Schofield, of the Hotel La Tour group, told Insider the company was looking at "every major UK city" as a potential investment.   Read More...

Quarry expansion green-lighted

Aggregate Industries has received planning permission to extend its quarry in Bardon Hill, Coalville. The move will safeguard 290 jobs, said the Leicestershire-based construction company.   Read More...

 
Business

Tax consultancy launches in Leicester

The Miller Partnership, a tax consultancy specialising in corporation tax advice, has opened in Leicester.   Read More...

Jet2.com expands in East Midlands

Jet2.com is planning to expand its operation at East Midlands Airport. The airline said it planned to recruit 40 more people, introduce a third aircraft and launch new routes.   Read More...

Manufacturing grinds to 20-month low

Manufacturing output fell to its lowest level since September 2009, according to the latest Purchasing Managers' Index (PMI), as additional bank holidays and weak domestic conditions took their toll.   Read More...

 

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