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Top story
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Jobs axe talks over £60m black hole
Nottingham councillors are to consider cutting 370 jobs next year at the authority tomorrow in a further blow to the city's economy. The option would save the city council £11m as it aims to plug a £60m hole in its finances. The authority said it had received 5,000 responses following a public consultation on the cuts.
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Deals
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HRVS takes on MAN
Derbyshire-based Heage Road Vehicle Services (HRVS) has expanded into South Yorkshire with the acquisition of the MAN Truck repairs and servicing business. HRVS, which also has depots in Newark and Leicester, said that it was eyeing further acquisitions over the next year.
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£2.5bn Business Growth Fund to open
A £2.5bn business support fund is to start investing in businesses with an annual turnover of between £10m and £100m from April, it has been revealed. The Business Growth Fund, backed by the UK's six biggest banks, will aim to help small service and manufacturing businesses in its first year.
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Property
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Smith Cooper moves into Lace Market
Accountant Smith Cooper is relocating its Nottingham office to Lace Market Square. The team of 40 will move into a 5,900 sq ft unit in the £10m mixed-use scheme.
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Wildgoose digs into Staffordshire eco project
Derbyshire-based Wildgoose Construction has started work on a £3.5m college building in South Staffordshire. The building, on the college’s Rodbaston campus, will incorporate environmental technologies including a wood chip boiler system.
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Business
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‘42s’ contenders sought
Midlands Business Insider is still seeking nominations for its 2011 42 under 42 feature. This long-standing and much anticipated feature aims to highlight the region’s blooming business talent by selecting 42 young entrepreneurs under the age of 42.
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£22m JCB Academy gets royal opening
Engineering students in Derbyshire and Staffordshire are set to benefit from a new £22m academy constructed on behalf of Rocester-based digger giant JCB. The building was officially opened by Prince Charles and the Duchess of Cornwall, who described the site as “remarkable”.
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Chamber leads fight against business crime
Derbyshire and Nottinghamshire Chamber of Commerce and Nottinghamshire Police have formed a public/private sector partnership which they say will step up the fight against business crime.
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Business group aims to get Britain trading
A new campaign launched by the Forum of Private Business (FPB) is calling on small business owners to join forces and help revitalise the British economy by cutting through red tape and complex tax laws.
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When the economy recovers, you’ll be in a different marketplace, says Andy Sellers, managing director of Sellers & Rogers. Time to take stock?
