Timms wills and probate team wins national recognition
Gardening business digs in with good practice
Rishi Sunak to become Prime Minister
East Midlands law firm rewards team with a number of promotions
Over £200m to be pumped into battery research and innovation
“The Faraday Battery Challenge has brought the UK’s greatest minds and best facilities together to develop the innovations that will help us achieve this goal. The work it has done since 2017 has laid the groundwork for our future economic success and I am pleased to confirm this work will continue, supported by record funding.”
Greater Lincolnshire pumps £1.6m into training to tackle labour shortages
Extra training is being provided for HGV drivers and food production is becoming more automated thanks to funding worth more than £1.6 million from the Greater Lincolnshire Local Enterprise Partnership.
New College Head of Year crowned at BBC Radio Leicester’s Make a Difference Awards
£34m Investment in Zero-Emission Electric Bus Fleet
Building a career to be proud of! Leicester 22-year-old is first to complete housebuilder degree in the region
Frasers Group increases investment in Hugo Boss
Frasers Group has increased its investment in Hugo Boss.
In a statement issued to the London Stock Exchange this morning (24 October), the Shirebrook-headquartered retail group reported it now holds 4.3% of the iconic clothing giant’s total share capital and 20,089,000 shares of common stock via the sale of put options, representing 28.5% of Hugo Boss’s total share capitalThis brings Frasers Group’s maximum aggregate exposure in connection with its acquired interests in Hugo Boss, with the common stock holding valued at the closing share price on 21 October 2022, to approximately £840m.
The board state that strategic investments Frasers Group makes offer new opportunities for The Company, whilst also helping to support the long-term future of the existing retail businesses, and the many thousands of jobs they sustain.
The news follows the firm’s recent acquisitions of Studio Retail Limited and Missguided. Frasers has extensive ambitions to grow the business internationally and this latest acquisition will help further that ambition.