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Top story
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Heeley quits Experience Nottinghamshire
John Heeley, the man who introduced the slanty ‘N’ logo to Nottingham, is resigning as chief executive of Experience Nottinghamshire and will leave in August. Heeley has worked for the company, which brings together local authorities and private companies to promote the county as a tourist destination, since 2003. He said: “I’ve been afforded the great privilege of setting up Experience Nottinghamshire and consolidating its position as a leading destination marketing organisation.” Chairman Andrew Fox added: “We’re sad John will be leaving us and I’d like to acknowledge the contribution he’s made during his tenure as the founder and first chief executive.”
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Deals
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Controlrite sparks acquisition
Controlrite, the automation and control specialist for the packaging industry based in Burton-on-Trent, has bought Leicester’s Frederick Smith (Electrical). Else advised on the transaction. Controlrite director Tony Barkway said: “Frederick Smith is well-established with an excellent reputation of supplying electrical installation services to a client base in the food, retail and industrial sectors. The benefits of the acquisition include synergies, turnkey packages and additional sales opportunities.”
Freeth Cartwright's minerals deal
East Midlands law firm Freeth Cartwright has advised the founders of the Gwrhyd Specialist Stone Quarry, in Wales, on its multimillion-pound sale to Marshalls Mono.
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Business
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Government legislation is “massive error”
The Institute of Directors (IoD) says businesses are just months away from an onslaught of legislation that will cost at least £1bn a year, a figure based on the government’s own impact studies. Ron Lynch, IoD East Midlands' regional director, said: “The introduction of £1bn of extra employment entitlements, pay audits and business rate supplements at a time of acute difficulties for business is a massive error.”
Experian in the zone
Experian has won the contract to carry out risk assessment on non-limited retail businesses for Payzone, the European consumer payments and cash distribution network. Payzone will use Nottingham-based Experian's data and a predictive index to get accurate risk scores on customers.
Newspapers hit by advertising downturn
Jobs may go at East Midlands newspapers after Northcliffe Media, publisher of the Leicester Mercury, Nottingham Evening Post, Derby Telegraph and Lincolnshire Echo, warned of “extremely challenging conditions” in the annual report of parent Daily Mail and General Trust. The group's profits fell by £25m to £68m last year. Property advertising revenue fell 22 per cent, motors advertising 12 per cent and recruitment advertising 11 per cent.
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Property
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Whytehall launches auctions
Chek Whyte, the East Midlands property developer, is launching an auction sales division covering the Midlands and the south. Headed by Stuart Horne, formerly of FHP, Whytehall Auctions will hold four auctions in 2009 disposing of residential and commercial property at Stanford Hall theatre, Stanford on Soar.
Browne Jacobson provides clarity
Law firm Browne Jacobson has launched a clarity guide to help tenants negotiate their way through legal issues arising from the economic slowdown. The free guide has been developed in response to a growing number of commercial tenants locked in disputes with landlords.
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People
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Emda in search for board member
Emda is looking for someone from the private sector to join its board. Dr Bryan Jackson, chairman, said: “We need an exceptional individual and this is a great opportunity to help shape the region’s future. We’re looking for someone from a business background with a great knowledge of the East Midlands, an equally impressive network of contacts and a good understanding of issues affecting the region’s economic growth.” At least half of Emda’s board already have private sector experience.
NNDC expands executive team
North Northants Development Company has made two executive appointments. Caroline Wardle joins as project director on key development projects in the area. Steve Sulston, who joins as project manager, will help co-ordinate and develop infrastructure strategies and projects.
Hellier joins The Wilson Organisation
Nottingham independent insurance broker and financial adviser The Wilson Organisation has appointed Simon Hellier as a non-executive director. He will help with recruitment, relationships with product providers, marketing and seminars.
Pall-Ex appoints Gannon as new FC
David Gannon has joined Leicestershire-based Pall-Ex as group financial controller. He joins the palletised freight distribution company from United Pallet Network, where he was financial director.
New strategy for Cook
Infrastructure specialist Steve Cook has joined Derby rail consultancy Interfleet Technology, becoming principal consultant in its railway systems and strategy team.
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42 Under 42
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42 Under 42
Insider has launched its annual 42 Under 42 programme, in which it lists 42 young business leaders and entrepreneurs in the Midlands who have achieved, or are about to achieve, great things. The magazine is looking for suggestions as to who could be in this year’s list. They should be aged 42 or under on 4 June 2009; their business must be based in the Midlands, although its operations can stretch anywhere; and they can’t be in the professional services sector – banking, PR, accountancy and law. We want to know about people who can demonstrate they have made a real impact or show genuine promise. Please email any suggestions to Insider’s editor, Kurt Jacobs at kurt.jacobs@newsco.com
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Insider Weekly
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Telephone: +44 (0)121 232 0980
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