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Tuesday 28 June 2011

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Insider News - East Midlands Edition
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Thorntons in high street meltdown

Thorntons, the Alfreton-based confectioner, has revealed plans to shut up to 180 of its UK outlets over the next three years. The details of the exits emerged as the company entered into a refinancing package worth £57.5m. Thorntons announced its plans to close the stores as a result of its strategy review, which is centred around a "profitable and sustainable" own-store channel of just 180 stores.   READ MORE...

 
Deals

Timico powers to another takeover

Newark-based Timico Technology Group has completed the takeover of Power Internet, based in Milton Keynes.   Read More...

Nottingham law firm taken over by Challinors

West Bromwich-based law firm Challinors has acquired Nottingham-based specialist divorce and family law practice Rosleys Solicitors.   Read More...

 
Property

LEPs put bids in for final enterprise zones

A total of 27 local enterprise partnerships (LEPs) have expressed an interest to clinch one of the remaining ten enterprise zones up for grabs. The deadline for new bids is 5pm on Thursday.   Read More...

Houseproud changes home

A Retford-based kitchen and bathroom merchant has moved to new premises.   Read More...

HEB exit for Bishop

Jonathan Bishop has left Nottingham chartered surveyor agent HEB to join rival FHP. He had been a partner at HEB.   Read More...

 
Business

China scheme launched in East Mids

A business "matchmaking" service aiming to help East Midlands companies unlock export opportunities in China has been launched.   Read More...

Pensions plunge set for the Midlands

The value of the pensions of Midlands employees could drop by up to 20 per cent, according to PwC.   Read More...

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