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Top story
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Healthy profit rise for Alliance Boots
Revenue has soared to £20.2bn in Nottingham-based Alliance Boots' year-end results. The healthcare giant said trading profit had also increased by more than 14 per cent to £1.05bn for the year ending 31 March. In a year which included chief executive Andy Hornby making a shock exit from the company, Alliance Boots said it was now confident about its future prospects "both in the short and longer term".

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Deals
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iNet searches for funding partners
The Food and Drink iNet, which supports the East Midlands food and drink sector, is on the lookout for new funding partners following the demise of emda.

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Start-up fund lends £225,000 to East Mids businesses
First Enterprise Business Agency (FEBA) has reported a rise in the number of potential entrepreneurs seeking investment to start their own businesses in Nottinghamshire and Derbyshire.

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Property
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Bring councils into line over solar schemes - Eco Environments
Nottingham-based renewable energy company Eco Environments has called on the government to stop councils going against laws which encourage solar power schemes.

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Fall in construction output - ONS
Construction output fell by 4 per cent in the first three months of 2011, the Office for National Statistics has reported. It is the biggest quarter-on-quarter decline since the start of 2009.

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Business
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Chamber calls for firm action on red tape
The government needs to back up its recent pledge to review employment red tape with "firm action". That's according to George Cowcher, chief executive of the Derbyshire and Nottinghamshire Chamber of Commerce.

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Business school in global link-up
Nottingham Business School, part of Nottingham Trent University, has signed partnership agreements with three international management schools.

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Law society elects new president
James Coningsby has been elected as the new president of Leicestershire Law Society. Coningsby, who is a director at the Leicester office of Nelsons, will be the public voice of the society for a 12-month term.

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Community
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In Focus: Building blocks of recovery

New figures paint a gloomy picture of the UK economy. But, asks Sam Metcalf, is there light at the end of the tunnel?

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Talking Point: A Good Harvest reaps reward for guarantor
Never has the phrase ‘there are no guarantees in life’, been more true says commercial property agent prop-search, following a High Court decision that has far-reaching implications for landlords and tenants.

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