East Midlands news: City Ground deal, trouble at the Quad and more business headlines

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Nottingham Forest City Ground deal takes positive step as council backs expansion plans
 
 
 
 
The leader of the council that covers Nottingham Forest's City Ground has confirmed he remains happy with the club's current expansion plans.

It comes after Nottingham City Council, which owns the land on which the City Ground sits, said terms had been agreed in principle for Forest to buy the freehold of the stadium.

The council confirmed the news at a meeting this week, yet the club came out with a statement later suggesting the deal was not as far along as the council had suggested.

In particular, the club appeared to want more guarantees that its deal with the city council would allow its full stadium expansion plans to go ahead - something the city council has pledged to honour.

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Derby venue says it's in 'serious financial difficulty'
 
 
 
 
Derby arts venue Quad is in 'serious financial difficulty' and says it will have to restructure to be sustainable.

Almost 12 months ago, it was revealed the city council had approved a £150,000 loan for the struggling venue in Market Place to help support it through a cash flow problem.

But it seems the financial problems of Quad, which hosts films, exhibitions, talks and other cultural events, have not gone away.

It also says its position is not unusual nationally and cited the direct impact of Covid-19 and the reduced audience numbers returning post-pandemic, along with the continued impact of the cost-of-living crisis, as having all contributed.

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