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Top story
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Investment vital for business, says Templeman
The government needs to act to help businesses seeking investment. That's the view of the director general of the Institute of Directors (IoD), Miles Templeman. He said: "If the government wants UK businesses to compete on the world stage, it needs to give more assistance to businesses in need of funding." Templeman spoke to Insider as the IoD launched its new East Midlands office at Nottingham Trent University. It is the first time the organisation has set up an office in an educational institution.
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Deals
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Garner retains Dealmaker of the Year crown
John Garner of LDC retained his Dealmaker of the Year award last night’s gala East Midlands Dealmakers Dinner 2011. The awards ceremony, which attracted over 400 dealmaking professionals from across the region, saw Garner once again beat off the competition, this year from Paul Bevan from RSM Tenon, Keith Pickering from Catalyst Corporate Finance and Paul Newell from Clearwater.
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Property
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ECO Plastics agrees £15m venture
Recycling business ECO Plastics has received the thumbs-up for a £15m joint venture with Coca-Cola Enterprises. The company has received planning permission to expand its sorting facility in Hemswell, Lincolnshire.
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Wildgoose digs into medical centre contract
Chesterfield business Wildgoose Construction is to start work on building a medical centre that will serve 8,000 patients.
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Business
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Rolls-Royce powers on despite "fragile" economy
Derby manufacturing giant Rolls-Royce has said it is trading in line with expectation despite an economic recovery described as fragile. The business added that its £2.7bn offer for Tognum AG, put forward in April through a joint venture with Daimler AG, would "significantly accelerate" growth of its marine and energy businesses.
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D2N2 to face East Mids businesses
East Midlands businesses are being invited to find out about the progress of the Derby, Derbyshire, Nottingham and Nottinghamshire (D2N2) LEP at an event at Alliance Boots’ offices in Beeston.
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Attride joins Needham & James
Tax, trusts and estates solicitor Catriona Attride has joined Needham & James, the Stratford upon Avon office of Midlands’ law firm Shakespeare Putsman, as a partner in the private client team.
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Bank interest rates held
Interest rates have been held yet again by the Bank of England. The record low rate of 0.5 per cent follows recent figures showing a slowdown in growth for the manufacturing, construction and services sectors.
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GDP warning from Niesr
Borrowing targets will not be reached by the government - even if it succeeds in making £81bn of cut. That's the warning from the National Institute of Economic and Social Research (Niesr) which said plans to tackle the UK's budget deficit could be hit by a weaker-than-expected economic recovery.
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Community
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In Focus: The shortest week
The royal wedding came and went, bringing with it the double bank holiday conundrum for business. But did the wheels of industry grind to a halt? Sam Metcalf shares his thoughts.
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Talking Point: Keeping it in the family
Smith Cooper’s Chris Taylor guides us through the tax implications of succession planning for family businesses.
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