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Insider News - East Midlands Edition
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East Midlands Dealmakers

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'Programme bids' on agenda for second RGF round

Businesses and organisations will be encouraged to submit ‘programme bids’ to the second round of the £1.4bn Regional Growth Fund, the chief secretary to the Treasury has told Insider. Danny Alexander said that bids could take the form of a loan fund for small companies in the region as the minimum bidding threshold of £1m was often unsuitable. Alexander’s comments come as the Derbyshire and Nottinghamshire Chamber of Commerce revealed its disappointment with the region’s allocation of just one investment.

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Deals

Tigers revive flotation plans

Leicester’s rugby union team are planning to list the club on AIM later this year. According to reports, the Leicester Tigers have also raised more than £4.4m to expand their stadium.

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Property

Leicester shopping centre in £60m deal

Beaumont Leys Shopping Centre in Leicester has undergone a refinancing deal worth £60m. The Tesco British Land Property Partnership (TBLPP), which owns the site, agreed the five-year facility with Crédit Agricole Corporate and Investment Bank and Handelsbanken.

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Lions' speedway roars to completion

Leicester Lions’ £1.2m speedway track has been completed. It is the first stage of a three-phase project which could create up to 50 jobs once completed.

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Oddfellows fund buys Focus store

A 25,000 sq ft unit in Belper has been sold for £3.5m on behalf of investment management business Valad. The site, which is leased to DIY retailer Focus, has been sold to the Oddfellows Property Fund.

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Stepnell wins warehouse contract

Rugby-based construction company Stepnell has been appointed to design and build a £1.2m warehouse and office development in Northampton.

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Business

Senior appointments for Brady Solicitors

Nottingham property law firm Brady Solicitors has expanded its team with two senior appointments. Laura Severn becomes a shareholder after being promoted to operations director and Vin Chauhan has joined as head of IT.

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VTI launches Leicestershire franchise

Veterinary Thermal Imaging (VTI) is opening its latest franchise in the East Midlands. It will cover Leicestershire, Derbyshire and Rutland.

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UK inflation falls

The annual rate of inflation has fallen to 4 per cent, down from 4.4 per cent in February, using the Consumer Prices Index (CPI) measure.

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Insider Membership – Communicate with Midlands Top Companies

Looking to develop your business? Want to expand your commercial reach? Try a sample of our Midlands Top 500 Companies marketing data list. Insider membership provides its members with up to date local business data, editorial, advice, networking events. Request a free data sample and membership information today.

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Community

Digby Jones - Fixing Britain reviewed

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Digby Jones is a proud tub thumper for Britain. Michael Taylor wonders if his new book is a voice in the wilderness, or a wake up call that will be heeded.

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In Focus: The swinging sixties

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Do we really want to work past the age of 65? Maybe not but, as Sam Metcalf discovers, UK businesses might see things very differently.

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Talking Point: Plan ahead to avoid delivery disasters

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Chris Hutchins, director at Brett & Randall, warns that haulier's insurance might not always cover you in case of delivery problems.

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Boost your client base – Request a free Insider Membership Pack

Image Description HereOur Insider Membership Club offers fantastic benefits for anyone doing business in the UK regions. Valuable sales leads, vital information, networking opportunities, competitor analysis and much, much more. We give you what you cannot afford not to know. Request your free Membership pack now.

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