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Top story
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Thorntons cautious after "challenging" time
Pre-tax profits at chocolatier Thorntons declined 8.5 per cent during its latest half-year results to 8 January. The Derbyshire-based company attributed the drop to adverse weather conditions in the second quarter, and supply chain disruption which cost an estimated £500,000. Despite an increase in sales of 4.8 per cent during the six month period, the chocolatier said it would be cautious about its own store division after a “weak” trading stage.
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Property
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Sleaford Masterplan unveiled
Plans to transform a Lincolnshire market town have been unveiled by North Kesteven District Council. The Sleaford Masterplan is a 25-year project which councillors say will encourage investment and improve the town centre.
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Blueprint kicks off Cathedral Quarter scheme
Historic properties in Derby’s Cathedral Quarter are to undergo major renovation works. Nottingham-based developer Blueprint is behind the mixed-use scheme in Sadler Square.
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Two-speed trend puts pressure on property market
The emergence of a 'two-speed' market for property assets will force investors in the Midlands to downsize their portfolios and focus on better management, according to PwC’s 'Emerging Trends in Real Estate 2011' report.
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Ilkeston care home project commences
Herbert Baggaley Construction, based in Mansfield, has begun work on a £1.3m project for Winland Care. The construction team will build an extension to the Bramble Lodge care home in Ilkeston.
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Business
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Buyer sought for Olde Barn Hotel
The Olde Barn Hotel in Lincolnshire has fallen into administration. A buyer is now being sought for the business, which employs 74 people.
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Law firm sets up fourth Leicestershire office
Leicestershire law firm Edward Hand Lewis has opened its fourth office. The Loughborough-headquartered company has expanded with a new site in Market Harborough.
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Trio tackle employment issues
Three of the region’s professional services firms are coming together to highlight issues surrounding employment in the food sector.
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Hopwood invests in future technology
Leicester-based public relations consultancy Hopwood PR is investing £20,000 in digital media and communications technology.
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