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Language course cuts at Nottingham raise concerns over financial priorities

The University of Nottingham has cut casual teaching staff from its Language Centre, citing financial pressures and the need to prioritise core academic services. The decision affects staff delivering evening language courses to the public as well as supplementary language options for undergraduate students.

According to the university, these offerings did not generate a financial surplus, prompting a review of resource allocation. The cuts are part of broader cost-saving measures aimed at stabilising the institution’s financial position.

The affected staff were employed on casual contracts, which required no notice or consultation prior to termination. This has sparked concern among some educators, particularly those who had relied on the work for income stability.

The move has drawn criticism from members of the University and College Union and the wider community, with concerns about access to British Sign Language education and the erosion of the university’s community-facing initiatives. An open letter opposing the decision has gathered hundreds of signatures.

The university stated that it may reconsider community language programmes once its financial situation improves. For now, it is focusing its investment on undergraduate and postgraduate student experiences.

Nottingham accountant accelerates growth with South Yorkshire office

Nottingham-based Botham Accounting has continued its expansion, following its London launch in May, with a new office in Sheffield. The new office, located at the Sheffield Innovation Centre, is positioned to serve a growing client base across Sheffield, Rotherham, Barnsley, Doncaster, and Chesterfield. The Sheffield office is led by director Tim Baum-Dixon FCA. Tim has a distinguished career that includes leadership roles at both regional and national firms and brings a wealth of experience and a deep understanding of the local economic landscape. “Our Sheffield office is more than just a new location – it’s a commitment to the businesses and entrepreneurs of South Yorkshire,” said Baum-Dixon. “We’re here to provide hands-on, strategic support that helps our clients thrive.” “This expansion is a testament to the trust our clients place in us and the hard work of our incredible team,” added Andrew Botham, CEO of Botham Accounting. “Our whole team are excited about what the future holds and look forward to supporting even more businesses across the UK.”

Student lettings agency loc8me launches Lincoln branch

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Student property specialist loc8me has opened a new office in Lincoln, marking its 14th UK location as part of an ongoing national expansion strategy.

The move introduces four new jobs to the area and aims to serve the city’s approximately 15,000 university students from the University of Lincoln and Bishop Grosseteste University. The Lincoln launch follows recent openings in Bristol, Cardiff, and Bath.

Loc8me currently manages over 2,500 student properties and accommodates nearly 7,000 tenants nationwide. The Lincoln branch will contribute to the company’s portfolio growth while extending its regional footprint in the East Midlands.

As part of its operational rollout, loc8me has appointed a compliance specialist dedicated to ensuring all properties in the Lincoln market meet national safety and quality standards. The company has positioned this as a key part of its service commitment to both landlords and student tenants.

Loc8me’s latest move reflects continued investment in student accommodation markets with strong growth potential and established university populations.

L&G makes £250m Magnavale cold storage investment

L&G has completed a £250m private debt investment with Chesterfield-based Magnavale over a 10-year period. Magnavale is a provider of temperature-controlled storage and value-added services for the food industry operating from four strategically located cold storage facilities. The debt facility totals £500m, co-arranged by L&G and a US institutional investor. L&G invested on behalf of a number of internal and external client mandates, in a transaction which marks an expansion of the firm’s real estate debt portfolio into new logistics sectors. James Spencer-Jones, head of real estate debt, UK & Europe, L&G, said: “I’m delighted to announce we’re expanding into cold storage within our real estate debt portfolio, in particular with a market-leading provider such as Magnavale. This investment provides an opportunity to support critical infrastructure within our supply-chains, to reduce food waste and potential supply shortages.” Magnavale Ltd is owned by Sadel Group, a Luxembourg-based family office. Andrew Lawrence, director, Sadel and Magnavale, said: “We are proud to partner with L&G and our US institutional co-investor to support Magnavale’s continued growth. Their backing is a strong endorsement of both our strategy and the critical role that cold chain infrastructure plays in securing the future of the UK’s food supply chain. “This investment reinforces Sadel’s approach of building best-in-class operations and prioritising efficiency through targeted, long-term investment. This partnership enables us to accelerate our expansion, enhance resilience across our national network, and deliver energy-efficient, future-ready facilities that meet the evolving needs of our customers and the wider economy.”
Patrick Sweeney, investment manager, real estate debt UK & Europe, L&G, said: “We have high conviction for the U.K cold storage sector which demonstrates unique and compelling investment fundamentals. Magnavale has invested a significant amount in future proofing their portfolio and we are delighted to be supporting them in their next phase of growth.”
The lender group was advised by Clifford Chance and CBRE. Macfarlanes advised the company. In February 2025, Magnavale opened the UK’s largest single cold store, with 101,000 fully automated pallet spaces at it’s Easton site. In addition to this, the company has recently upgraded its other facilities across Chesterfield, Scunthorpe, and Warrington.

Industrial alliance targets UK infrastructure pipeline

Blackrow Group and On Line Group Ltd (OLG) have entered a strategic partnership aimed at delivering integrated engineering solutions across the UK’s industrial heartlands. The move positions both firms to capitalise on growing public and private investment in energy and transport infrastructure, following the 2025 Spending Review.

Combining over 100 years of industry experience, the two companies generate a joint annual revenue exceeding £75 million and employ more than 600 staff. Their six-site footprint, including key locations in Grimsby, Immingham, and Leicester, offers more than 250,000 square feet of manufacturing space.

The partnership offers a comprehensive suite of services, encompassing design, engineering, fabrication, installation, and mechanical services. Blackrow will lead on mechanical and installation services, while OLG will handle design and project management, creating a unified delivery model from concept to completion.

Workforce development is a priority for the alliance, with over 50 apprentices in training across six disciplines. Both firms are working towards ISO 44001 certification to formalise a collaborative approach centred on client value.

Sustainability is also a core focus. Blackrow contributes to the renewables sector through the fabrication of components for wind, solar, and biofuel infrastructure. The partnership is aligned with government-backed industrial decarbonisation initiatives in the Humber region, including hydrogen, carbon captur,e and clean energy projects.

The alliance reinforces the UK’s industrial supply chain at a time when scale, specialisation, and collaboration are increasingly essential for delivering national infrastructure.

Bassetlaw District Council calls out for sites for future development

Bassetlaw District Council is carrying out a ‘Call for Sites’ to give landowners, developers, site promoters and organisations an opportunity to submit sites they want to be considered for development in the district in the future. Submissions can be for a range of new development including for all types of housing, businesses, renewable energy or nature recovery, community facilities and open space. This will not affect or replace the council’s adopted Local Plan, which already sets out where housing and other developments are allowed to be built, and which areas should be protected in the district over the next 13 years. Cllr Steve Scotthorne, cabinet member for identity, planning and place, said: “The Call for Sites is a valuable tool to ensure that all possible sites across the district are assessed for their potential for development. “Anyone can suggest a site to us, and I would encourage everyone to get involved.” The Council will include all submitted sites in the Land Availability Assessment and will assess if they are suitable for development. The Call for Sites and site assessment process does not indicate that planning permission will be granted or suggest that sites are suitable for allocating in any future Local Plan. The 12-week engagement runs from 12th June to 4th September 2025.

Beyond the balance sheet – the expanding role of today’s finance director: by Robert Anderson, partner at Streets Chartered Accountants

Robert Anderson, partner at Streets Chartered Accountants, delves into the evolution of the finance director’s role. The role of the finance director or finance lead continues to evolve rapidly. As businesses face a perfect storm of geopolitical disruption, digital transformation, cyber threats and rising costs, finance leaders are stepping far beyond the boundaries of traditional reporting and compliance. Their remit now spans strategic insight, risk management and operational leadership. New US trade tariffs: time to reassess your exposure With Donald Trump now back in the White House and new US trade tariffs already announced, UK businesses, particularly those with US-facing supply chains or export markets, are being forced to re-evaluate their international exposure. For finance directors, this means quickly modelling cost increases, understanding margin pressures and scenario-planning the wider impact on pricing, procurement and revenue. Currency volatility and logistics disruption may also follow, requiring strong financial resilience and flexible forecasting. Cyber threats and ransomware: more than an IT issue Ransomware attacks and data breaches are becoming more frequent, more sophisticated and more financially damaging. Increasingly, finance teams themselves are being targeted by cybercriminals through invoice fraud, phishing and social engineering. Cyber risk has become a board-level issue, with finance directors playing a critical role in response planning, fraud controls and cyber insurance decisions. As the threat landscape intensifies, financial oversight and resilience planning must keep pace. AI in finance: driving automation and deeper insight Finance functions are rapidly adopting AI technologies to streamline processes, detect anomalies and provide richer, real-time insight. AI is being used for everything from invoice matching and expense processing to predictive forecasting and reporting. For finance leads, this shift offers a chance to free up time for value-added work while also introducing new responsibilities around data governance, integration and ethical use. The ability to harness AI effectively will increasingly separate progressive finance functions from reactive ones. Rising employment costs and tax changes The increase in Employers’ National Insurance contributions adds further pressure to cost bases already stretched by inflation, wage expectations and economic uncertainty. For finance teams, this means reviewing workforce models, optimising payroll strategies and ensuring compliance with evolving HMRC regulations. There’s a growing need to balance cost control with talent retention and investment in growth areas. The expanding finance leadership remit Finance directors today are expected to lead far beyond the finance department. Studies from the ACCA and others show that finance leaders are now increasingly responsible for areas like IT strategy, ESG reporting, operational risk and even HR and legal oversight. They are trusted advisers to business owners and boards shaping strategy, influencing transformation and helping drive long-term performance. Supporting strategic finance leadership The finance function is no longer just about compliance it’s about enabling better decisions, safeguarding the business, and identifying opportunity amidst complexity. For many organisations without a formal CFO, the finance director is stepping into that strategic leadership space. At Streets, we work with finance directors to support them through every stage from audit and tax planning to risk management, digital transformation and growth. Our aim is to help finance leaders confidently meet today’s demands and tomorrow’s challenges. See this column in the June issue of East Midlands Business Link Magazine here.

Challenge Consulting MD awarded MBE in King’s Birthday Honours List 2025

Dawn Edwards, managing director of Challenge Consulting, has been awarded an MBE (Member of the Order of the British Empire) in the King’s Birthday Honours List 2025 for Services to the Business Community in Nottinghamshire. A highly respected figure in the region’s business landscape, Dawn has dedicated her career to supporting and developing networks for businesses across Nottinghamshire and the wider East Midlands. She has played a pivotal role in mentoring entrepreneurs, fostering leadership development, and championing business growth initiatives that have strengthened the local economy. Speaking about the honour, Dawn said: “I am truly humbled to receive this recognition. Nottinghamshire has an incredible business community, and it has been a privilege to work alongside so many talented individuals and organisations. “I never expected to receive such an honour and although it has my name on it, it is recognition for every person who has contributed to making our region a thriving hub for enterprise and innovation through volunteering or lending their time and expertise.” Dawn was brought up in Calverton, the daughter of the local chimney sweep, and took her first job at the age of 16 as an apprentice at Wrangler UK. Study towards professional qualifications and roles at large organisations including Home Brewery in Daybrook gave her the confidence to start her own entrepreneurial journey, forming Challenge Consulting in 1996. Her career has taken many twists and turns, and she uses her extensive knowledge, experience and network of contacts to advise and support others. For over 9 years Dawn served as a board member for East Midlands Chamber, becoming it’s president in 2019/20 at the height of the Covid pandemic. She has recently been appointed as regional chair (East Midlands) across six counties for the Federation of Small Businesses to promote the interests of small businesses and ensure their voice is heard among policy makers. Dawn’s commitment to business excellence, professional development, and community engagement has earned her widespread admiration. She has been instrumental in supporting SMEs, advocating for women in business, and driving initiatives that promote business success and sustainable growth. Her MBE reflects the significant impact she has made in Nottinghamshire, inspiring countless business leaders, entrepreneurs and those who wish to make a difference. The King’s Birthday Honours List recognises individuals who have made exceptional contributions to society, and Dawn Edwards’ award is a testament to her dedication, leadership, and unwavering commitment to the business community.

Weak early summer for East Midlands manufacturers

East Midlands manufacturers have seen a poor early summer following the ongoing weaknesses in the UK economy. This has been compounded by global economic turmoil caused by the imposition of tariffs according to a major survey published by Make UK and business advisory firm BDO. The second quarter Manufacturing Outlook survey showed that output in the region was flat at a balance of +0% which is low by historical standards, total orders also turned negative at a balance of -5%. This poor performance in output has translated into weaker job prospects with recruitment intentions also turning negative (-5%). Meanwhile investment also showed no sign of growth at +0% as companies paused their plans in response to economic uncertainty. Additionally, the survey has also shown that manufacturers’ opinion of the United States as a positive growth market for exports has fallen sharply, with the US slipping out of the top three global regions for the first time. The US has dropped to fourth place for UK manufacturers as preference is shown to Asia/Oceania and the Middle East as companies respond to tariffs and increased uncertainty. A survey on the impact of tariffs conducted by Make UK also shows that six in ten companies expect their export volumes to the US to be hit, while a similar number (63%) expect their business to be negatively impacted by tariffs. Furthermore, almost a third (30%) of companies are assessing changes to their supply chains in terms of where they source from, while more than a quarter (28%) are now seeking new markets. Just 4% of companies said they would now invest in manufacturing in the US. The survey also reveals worsening prospects for manufacturers looking forward, with the manufacturing growth forecast for 2026 being slashed from a previous +1% to -0.5%. Meanwhile the growth forecast is expected to be negative this year (-0.2%) off the back of a flat year in 2024, this presents a worrying trend of decline. Chris Corkan, Midlands Region Director of Make UK, said: “There is no sugar coating the fact that these are very challenging times for manufacturers in the East Midlands who are facing a potent mix of headwinds at home and overseas. It’s now vital that the upcoming Industrial Strategy is bold and ambitious in order to provide companies with some light at the end of the tunnel.” Paul Fenner, Head of Manufacturing at BDO in the Midlands, added: “This quarter’s results demonstrate the increasingly challenging landscape manufacturers in the East Midlands are operating in. “While last month’s trade deals should begin to remove barriers as UK companies seek new trading partners and opportunities for growth, there remains a myriad of challenges for the region – not least the urgent need for skilled workers. “The sector’s overall forecasted decline in growth is concerning, what these businesses now need is targeted support and investment from the upcoming Industrial Strategy.”

Medical device packaging machinery firm snaps up 27,000 sq ft at Stud Brook Business Park

A newly built 27,000 sq ft industrial facility at Clowes Developments’ Stud Brook Business Park – Unit 5A – has been successfully let to Shawpak Ltd, a medical device packaging machinery firm. Founded in Derby in 2013, Shawpak Ltd designs and manufactures a range of specialist packaging solutions including rotary thermoforming machines, rigid blister equipment, and pouch machinery. Their technology is trusted worldwide for the packaging of critical medical devices. The company has a growing global footprint with service support in Europe and North America, while maintaining its core manufacturing base in the East Midlands. Shawpak Ltd’s relocation from Allenton, Derby to this state-of-the-art unit at Stud Brook reflects the company’s continued expansion and future-focused outlook. Approximately 50 employees will move into the new Castle Donington site, further strengthening the local economy and skills base. Alan Wade, operations director at Shawpak Ltd, said: “This move marks an exciting new chapter for Shawpak Ltd. The facility at Stud Brook gives us the environment, infrastructure, and location we need to grow and innovate. We’re proud to remain in the East Midlands while upgrading our operational base.” The transaction was facilitated by Charlotte Steggles, director at NG Chartered Surveyors, who added: “It’s fantastic to welcome Shawpak Ltd to Stud Brook Business Park. “The unit delivers the high-quality specification required for their operations and offers excellent connectivity – with immediate access to East Midlands Airport and the M1 at Junction 24 – a major advantage for their national and international logistics. It’s been a pleasure to support their relocation, and we wish them every success in their new headquarters.” James Richards, director at Clowes Developments, added: “We’re thrilled to welcome Shawpak Ltd to Stud Brook Business Park. They join a growing community of high-calibre occupiers who have recognised the strategic advantages of this location. “With household names like Starbucks and Sainsbury’s nearby and leading industrial operators such as Unilode, Argon Medical, Bucher Municipal, and now Shawpak Ltd on site, Stud Brook is rapidly evolving into a dynamic hub of commercial activity. It’s fantastic to see the park thriving as more businesses choose to call it home.”