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Economy

Breedon Group gets clearance for £178m CEMEX deal
Deals
Competition and Market’s Authority says it is happy with deal to buy CEMEX assets - pending modifications.
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Brick maker Forterra completes 225 job losses
Employment
The business, which makes around 590 million bricks a year, said the “decisive action” had been “regrettable”
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Leading Labour politicians across the Ƶ launch new alliance for full employment
Economy
They include English mayors, First Minister Mark Drakeford, and former PM Gordon Brown
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Dunelm boss warns of impact of further lockdowns
Retail & High Street
Sales for last 12 months were down but still topped £1bn - while profits down 13 per cent at £109m
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No-deal Brexit would be “one crisis too many” for small firms as FSB appeals for state aid
Brexit
“Combined mixture of Brexit and Covid is likely to topple many SMEs”
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£171m property portfolio boosts Leicestershire County Council
property news
New figures show that the council generated £7.1 million from its properties and land over the last year
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Emma Barratt opens East Midlands branch of virtual business support agency Get Ahead VA
Marketing
Emma was keen to use her entrepreneurial flair to run her own business, and has now taken a franchise with Get Ahead VA
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Growth spurt continues at industrial cleaning firm despite pandemic
Employment
New Wave Marine actually took on staff and is investing in new vehicles at a time when the economy has entered recession
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Brand communications agency reaps reward from e-commerce boom
Finance
Pymouth's Fuel Communications sees revenues rise during 2020 lockdown as online sales clients experience growth
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Green, indie fashion label Fullalove Clothing wants to help clean up Leicester's tarnished textile image
Fashion
New label champions “premium quality sustainably sourced natural fabrics” and a move towards slower fashion choices
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£500,000 funding secured for advanced and offshore manufacturing zone in South Tyneside
Employment
The new zone will support high growth businesses in the advanced manufacturing and offshore energy supply chain
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Helping hand offered to Leicestershire’s food and drinks sector through troubling times
Food and Drink
Big local names include Samworth Brothers, Cofresh, Walkers Crisps, Stilton-maker Long Clawson Diary, and Pukka Pies
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Grants of up to £10,000 still available for Leicestershire businesses struggling from the impact of Covid-19
SMEs
Comes as town centre shops continued to see a slump in footfall in August as people kept working from home
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Indoor climbing centre set to reopen after five months
Leisure & Touism
Leicester gyms, swimming pools, fitness suites and dance studios can reopen after drop in local coronavirus rates
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Bathroom pod firm seals deal to supply new £12m hotel development
Construction
Offsite Solutions provides ready assembled bathrooms for new Ibis Bridgwater hotel managed by Cycas Hospitality
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New allegations surface about state of Leicester’s tarnished rag trade
HMRC
High number of people running Leicester’s textiles factories are reported to have been banned from directorships
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Loughborough Covid-19 test lab will create 400 jobs
Coronavirus
It comes as the number of confirmed coronavirus cases continues to rise
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Wales being left behind the rest of the Ƶ in reopening the vital events sector
Opinion
Wales is lagging behind despite clear guidance from businesses as to how they will operate safely to protect their employees and clients
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New chair of North East LEP chair acknowledges challenges but highlights region's togetherness
Economy
Lucy Winskell took over as chair of the North East LEP this week
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Bakery chain makes further job cuts after posting major losses
Employment
Warrens Bakery starts consultation as parent company Provenance Brands reveals £821,801 deficit
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Brittany Ferries asks French government for tax break as it faces 100m-euro loss
Coronavirus
Company which sails to France and Spain from Plymouth and Portsmouth is facing huge losses due to Ƶ quarantine restrictions
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East Midlands economy to shrink by 10 per cent this year, according to KPMG
Economy
Figure is even worse than the 7.8 per cent fall the business consultancy predicted in June
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Workplace consultancy Blueprint Interiors expanding its team as growth continues
Offices
Despite the temporary pause caused by Covid-19, firm projecting year end revenue to reach £5 million as planned
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Free parking, better planning and family homes could save cities like Leicester, says big employer
I Am Open
Mattioli Woods CEO says cities like Leicester and their businesses will adapt, but support needed to get the ball rolling
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