The man who died is thought to be in his early 50s.
The other man, reportedly in his 20s, suffered spinal and leg injuries and was taken to Addenbrooke's Hospital in Cambridge.
An investigation into the accident is underway.
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Heavy snowfall has caused widespread disruption across the East Midlands, with icy roads and snowy conditions affecting travel services.
Cold with wintry showers and the possibility of further snow in the east.
Weekend weather forecast - more snow to come ?