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Insider News - East Midlands Edition
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Top story

£10m regen windfall as Derby seeks investment

A £10m cash pot is being made available for the regeneration of Derby, it has been revealed. And it has emerged private sector companies could claim funding of up to £4m per scheme to deliver property projects with Derby Council as the investment partner. Speaking from the MAPIC retail conference in Cannes, Marketing Derby managing director John Forkin told Insider that the fund shows Derby has "ambition". He is in France to promote the city to investors.

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Deals

Balfour Beatty buys part of Rok

Infrastructure group Balfour Beatty has acquired segments of Rok's affordable housing and general construction division for £7m, of which £4m has been paid in cash. Balfour Beatty says it hopes the move will boost the presence of its Mansell brand in the South Midlands.

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Property

Green light for £105m FA site

The Football Association has given the go-ahead for a £105m National Football Centre to be built in Burton. Its board gave the green light for the St George's Park project with work set to start in January.

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Business

'Challenging' times for North Midland

Nottinghamshire-based North Midland Building says it expects to make a £250,000 loss this year on one contract. The revelation came in an interim management statement where the company said the "current economic climate remains challenging".

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Jet2.com to double East Mids flights

Airline Jet2.com is set to double its number of flights from East Midlands Airport in 2011, it has announced. It comes after the company reported a "booming first summer" at the site, claiming it is the "fastest growing of the airline’s eight bases".

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Lincolnshire NHS contract signed

North East Lincolnshire PCT has signed a three-year deal with a developer and provider of clinical decision support systems. Avia Health Informatics is to provide its Odyssey medical database to the trust.

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Thousands exporting from East Mids

More than 4,500 East Midlands businesses are currently exporting goods, according to a new study. The analysis of UK Trade and Investment data by NatWest and RBS shows during the first half of this year, the value of these was £7.1bn, or £38.9m a day.

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Fired Sandeesh in new career move

Nottingham recruitment consultant Sandeesh Samra has set up her own company since being fired on BBC's The Apprentice, it has emerged. The 26 year-old lasted seven weeks on the show but was "fired" by Lord Sugar when she lost a task involving selling blue screen film experiences to shoppers.

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It's party time in East Midlands

Christmas party specialist Best Parties Ever says business in the Midlands has not been badly impacted by the downturn. The managing director of the company, which has a venue in Towcester, told Insider his business has seen a 30 per cent growth in bookings for Christmas parties.

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Midlands Top 500 companies Database

On an annual basis Insider release a fantastic source of business contacts: The Midlands Top 500 Companies 2010 Database. A comprehensive listing of the Top contacts at the Top companies. Free sample available now.

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Community

Talking Point: Lawful pursuits

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Berryman completed a merger with Birmingham’s Shakespeare Putsman earlier this month, creating a 470-strong firm. Richard Brackenbury considers how such enlarged law firms will shape the region's legal market.

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Advice
Orion Trent building

Trading Across Borders?

VAT surgery

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James Hurst of Grant Thornton’s VAT team in the Midlands answers some recent questions from clients relating to international trade. All answers are for general guidance only.

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