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Corah development to form new core of Leicester
Plans for a £200m development of the former Corah factory that will kick-start the transformation of a neglected part of Leicesters city centre have been submitted to the city council. An outline application by The Bowbridge Group for the biggest regeneration project in Leicester since Highcross includes proposals for a swimming pool and bowling alley, as well as an outdoor winter ice-rink, waterside family homes, shops, supermarket, medical facilities and offices. If approved work could begin next summer, with completion in 2014. Local developer and site owner Bowbridge Group has been working with planning consultancy Matrix Associates for two years to develop the plans, part of a 15-year strategy for the area between St Margarets bus station and Abbey Park. The developer intends to reinstate roads that were severed by the construction of the ring road, reconnecting the area to the rest of the city.
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Clinphone becomes Perceptive
Clinphone, the Nottingham company that supplies technology used in drug trials, is to change it name to Perceptive after being bought out for £91m by US-based Parexel. Steve Kent, Clinphones chief executive, will head the operation, which will continue to be based in Nottingham. Kent has stressed that no jobs will be lost in Nottingham as the company strives to meet revenues of £230m. Four members of Clinphone's executive team take up roles in the new business: Daljit Cheema becomes vice-president of technology, Ian Jennings, vice-president of sales, Paul Harrop, vice-president of human resources, and Scott Brown, vice president of finance. 
RH sells export packing business
Nottingham haulage company RH Group has sold its RH Export Packers arm to Bampton Packaging. Both companies are based in Lenton Lane. Mike Brown, managing director of Bampton, said: We are delighted to have been able to acquire the business of RH Export Packers, a long-established name in our sector. By bringing together the skills and customer base of the two companies we have created a very strong presence in the regional market for packing. The consolidation in our industry, the skills of their staff and the fact that we are located very close to each other make the benefits of this deal obvious.
Christmas comes early for Roythornes
East Midlands law firm Roythornes has merged with Adrian Christmas Solicitors of Peterborough to form Roythornes Christmas. The merger with Adrian Christmas takes the new firm to 23 partners and a spot in the top 200 law firms in the country.
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Golden handcuffs for A&L top four
Four top executives at Alliance & Leicester are to get golden handcuffs with bonuses of up to 125 per cent if they stay in their jobs after the bank is bought by Banco Santander of Spain. Santander will pay chief executive David Bennett and three other directors retention bonuses of 75 to 125 per cent if they stay until 30 November 2009. Bennett earns a basic salary of £600,000, while finance director Chris Rhodes gets £450,000. The Spanish bank will also give all A&L employees 100 free Santander shares, worth a total of about £7.2m, a move it also made to build loyalty when it bought Abbey in 2004.
PBS expands into India
East Midlands Payroll and Business Solutions UK (PBS UK) is extending its service into Asia PBS is to provide a payroll service for Aastra Telecom and Laing Infrastructure Management, both of which are extending their workforce in India. Pam Pindar, managing director of PBS, said: Over the past six months we have had an increasing number of enquiries from current and prospective clients looking to set up payrolls in India and going forward I see this as a rapidly growing area for our business.
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Henry Boot reveals first Markham Vale tenant
Henry Boot Developments has announced the first occupier at its 200-acre Markham Vale development. Industrial Ancillaries, an engineers' merchant located on Britannia Road in Chesterfield, will relocate to 33,600 sq ft of premises on the new development when its building is completed towards the end of this year.
Hilti opens first East Midlands branch
Hilti (Great Britain) has taken a ten-year lease on an 8,827 sq ft unit on Queens Drive Industrial Estate, Nottingham, in a deal brokered by DTZ and Lambert Smith Hampton on behalf of CBRE Investors. Hilti, which designs and makes tools for the civil engineering, construction and building maintenance industries, is set to open its first East Midlands centre on Longwall Avenue, providing customers with product sales, advice, technical training and repair drop-off facilities.
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Gray goes as Bevan takes control at Tenon
Neil Gray is set to leave the Nottingham office of accountancy and business advisory Tenons to lead the firms southern region looking after the Reading, Basingstoke, Windsor and Southampton offices. Paul Bevan, previously director of corporate finance, will become head of the corporate finance team.
Cooper Parry adds new director
Business advisory Cooper Parry has recruited Alison Timperley as director at its business recovery and insolvency services team. Timperley, who previously worked for KPMG has spent time assisting in the restructuring of NHS Trusts, and turned around the fortune of one that was £40m in deficit. More recently, she worked in precision engineering.
Mason steps up at Experian
Experian has promoted Mel Mason to global chief information officer (CIO). He was previously managing director of technology services for Experian UK & Ireland. The global CIO is a new role in Experian, reporting to Mike DeVico, group president for Experian Americas. Mason joined Experian in 2003 from GUS Home Shopping division where he spent 12 years as IT director. Previously he spent 17 years at Tesco, becoming deputy to the IT director.
All change at Grant Thornton
Grant Thornton has added to its team with a series of in-house promotions in Leicester. Rhoda Cooper and Julia Hendry have been promoted to assistant managers and Ian Rodger has been promoted to senior manager in the private client team. All three will work with Cally Bamford and Jo Simister, who have returned as assistant managers after a brief spell away. The corporate finance team has also received a boost with the promotion of Ivan Trevor to senior manager and Tom Copson to assistant manager in audit.
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