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Top story
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East Mids companies celebrate Queen’s Award success
Fourteen East Midlands companies have been named as Queen’s Award Winners for Enterprise this morning. Eight of the companies were commended for their success in international trade, five for their use of innovation and one for practices in sustainable development. Among the winners in the international category was Coalville-based Lastolite, which told Insider the export market has kept the company thriving throughout the downturn.
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Deals
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Custom Group ties up MBI
Ilkeston-based Custom Group has undergone a management buy-in (MBI). Through the deal, which was funded by NatWest and Connect Midlands, Mark Johnson and Russell Dallison will become shareholders of the curtain manufacturer.
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HSBC invests in poster technology
A Nottingham business which manufactures posters has received funding support from HSBC. Peelable Posters secured investment through the government's Enterprise Finance Guarantee (EFG) scheme.
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Property
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Begbies Traynor appointed to collapsed construction trio
The Birmingham office of corporate recovery specialist Begbies Traynor has been appointed to three Northamptonshire-based building and construction companies.
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Jobs generated with Trent Lock opening
Up to 30 jobs have been created with the re-opening of a pub in Long Eaton. The Trent Lock will operate as a Mitchells & Butlers pub after being acquired by the chain earlier this year.
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Business
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Irwin Mitchell eyes external capital with restructure
Law firm Irwin Mitchell, which has an office in Leicester, is to restructure so it can seek external capital and accelerate its growth plans. The move to become an alternative business structure (ABS) is designed so the firm can take advantage of changes to the legal profession set to be introduced by the Legal Services Act.
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Sales spike at Sports Direct
Sales at sports clothing and equipment retailer Sports Direct have risen more than 10 per cent to £236m in the nine weeks to 27 March. The Mansfield-based company said the results "highlight the strength" of its retail division, which took £200m during the period.
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Midlands poised for power generation investment, says PwC
The region is well placed to benefit from a new wave of inward investment, according to PwC in the Midlands. The accountancy firm's latest research reveals the region is set to profit from overseas companies bringing power generation solutions to the UK.
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Something for the bank holiday weekend
This week's bank holiday special includes: the heat is on; web of fear and fighting talk.
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Insider Membership – Communicate with Midlands Top Companies
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Community
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In Focus: Don’t bank on it
Not all businesses are closing their doors for the royal wedding, and Sam Metcalf discovers a north-south split in those that are.
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Talking Point: Cash-in-hand tax amnesty – not just for plumbers
Iain Macleod, head of tax investigations at EDF Tax, discusses HMRC's deal regarding undisclosed earnings.
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