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Top story
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Rolls-Royce launches Tognum bid as expansion plans revealed
Rolls-Royce has officially launched its bid to buy German company Tognum AG. The Derby-based manufacturer announced this morning that the official acceptance period for its £2.7bn offer, put forward through a joint venture with Daimler AG, had begun. The bid was launched as Rolls-Royce unveiled plans to create two new factories on the Sheffield-Rotherham border.
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Deals
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Baker Richmond agrees Berkeley Burke merger
Leicester-based Baker Richmond Financial Services has agreed a deal to transfer its staff and business to Berkeley Burke in the city. The move comes ahead of the retirement of two partners at Baker Richmond.
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Property
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Mandarin owner snaps up premises
Alan Cheung, the restaurateur behind the Mandarin Restaurant in Nottingham, has bought the freehold to the eatery in Belward Street. NatWest in Nottingham has provided the funding to support the purchase.
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Wildgoose commences Marston's job
Wildgoose Construction has started work on a new pub and family dining facility in Derby as part of a two-year deal with brewer Marston’s. The pub is located on a 180-acre commercial park in Raynesway.
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Business
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Growth at the top of agenda, says PwC report
Private equity owned companies in the Midlands continued to grow turnover and staff numbers during the recession. That’s according to the latest report from PwC, which also suggested acquisitions were “firmly on the agenda” for the future.
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Banks to introduce lending appeals process
A new system will give small businesses the chance to appeal when they are refused finance, it has been announced. Royal Bank of Scotland, Lloyds Banking Group, Barclays, HSBC and Santander are behind the scheme.
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Chamber launches degree course
Chamber Training, the training arm of Derbyshire and Nottinghamshire Chamber of Commerce, is offering a foundation degree course in leadership and management.
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We live in 'worrying' times - BCC survey
The UK economic picture is "worrying" and the country is facing a fragile economic recovery. These findings were recorded despite a recent return to positive growth in the British Chambers of Commerce’s (BCC) 'Quarterly Economic Survey' that questioned 6,000 businesses from across the UK.
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Spearing Waite introduces new partner
Leicester-based law firm Spearing Waite has promoted solicitor Lindsey Atterbury to partner.
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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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