LATEST ARTICLES

Sales rise at Dunelm

0

Sales are on the rise at Dunelm, the Leicester-headquartered homewares retailer has highlighted in a new trading update.

For the 13-week period ended 27 September 2025, the business showed “strong sales growth,” up 6.2% year-on-year to £428m.

Dunelm noted that it has delivered broad-based growth across categories. As customers prepared their homes for the colder, darker months, the firm saw strong demand for warming textiles, with rugs and throws trading particularly well.

Meanwhile, during the quarter Dunelm delivered its biggest ever student offer, driving 40% year-on-year growth in the campaign overall, broadening Dunelm’s appeal to new and younger audiences.

The business shared that it continues to make good progress against strategic priorities and invest for future growth. It added that the timing of investments, alongside inflationary impacts, means profits are expected to be more heavily weighted towards the second half of the year.

Clo Moriarty, CEO, said: “After a few weeks immersing myself in the business, I’m delighted to see up close the qualities that attracted me to Dunelm: an inclusive culture, committed colleagues, and a genuine passion for the role we play in our customers’ lives.

“It’s a great time to be joining Dunelm. The business has delivered another strong performance in the first quarter, which reflects both the appeal of our customer offer and the strength of our business model. Building on this, I see real energy across the business – from the launch of our new app, to a vibrant brand campaign celebrating colour choices across our ranges – driving improvements to our proposition.

“These initiatives, and many more, show the potential we have to build even deeper connections with a broad and diverse customer base. With the reach of our national store footprint, a growing digital presence, and a growth mindset that brings together people and technology, I’m genuinely excited about what’s ahead.”

Revenue and profits fall at Shoezone amidst decline in consumer confidence

0

Revenue is down and pre-tax profits have more than halved at Shoezone, the Leicester footwear retailer.

According to an unaudited full year trading update for the 52 weeks to 27 September 2025 (FY 2025), revenue was £149.1m, down 7.6% on the year prior. Shoezone pointed to a decline in consumer confidence and general negativity in the UK, as well as trading out of 28 fewer stores.

The key weeks of Back-to-School trade, however, were in line with expectations, with digital revenue up 2.3% year-on-year.

Profit before tax is expected to be approximately £3.3m for FY 2025, down from £10.1m in the year prior. Adjusting for a £0.9m foreign exchange revaluation gain, adjusted profit before tax will be approximately £2.4m (FY2024: £10m).

The decline, compared to last year, is due to a sales reduction, year-on-year increases in National Insurance, depreciation, National Living Wage and first half container prices, Shoezone said.

Management continue to be cautious about the near-term outlook, with trading conditions expected to remain subdued.

Charles Smith, chairman, said: “This was a challenging year, particularly in the second half, as consumer confidence fell following the Government’s October 2024 budget, with persistent inflation, higher interest rates and reduced levels of disposable income all contributing to general negative economic and consumer sentiment in the UK.

“Sales were good when there was a clear reason to buy, such as the warm summer and the Back-To-School season. However, overall discretionary spending remains subdued as consumers exercise greater caution in their expenditure.

“Digital revenue outperformed last year and the ongoing strategy of refitting and relocating stores to our larger format continued, with 201 conversions completed, alongside net cash levels improving year-on-year.”

Plans to demolish car park to make way for student accommodation approved in Nottingham

0
Plans to redevelop a car park in Nottingham to provide a five storey student accommodation building have been approved. The plans from Proark And EjendomsInvest seek to demolish the two-storey car park on the corner of Mansfield Road and Magdala Road, serving the adjacent Mercure Hotel. The proposals would provide 113 bed spaces within a mix of cluster bedrooms, studios, and duplex studios. Negotiations have taken place to reduce the height and footprint of the building (originally seeking to offer 163 bed spaces), to address the mix of accommodation type, refine the elevational treatment, secure high-quality materials and address concerns in relation to surface water flooding. The approval comes despite concerns from the local community, regarding the location being unsuitable for student accommodation, the scale, design and use of the block being out of character with the rest of the neighbourhood and Conservation Area of Mapperley Park/Alexandra Park, and increased noise and traffic.

Nottingham progresses bid to host FIFA Women’s World Cup 2035 matches

0

Nottingham City Council has endorsed plans for the city to take part in the UK’s joint bid to host the FIFA Women’s World Cup in 2035. The council’s Executive Board has approved the signing of a host city agreement by October 2025, ahead of the UK’s formal submission to FIFA later that year.

If the bid succeeds, Nottingham could be one of up to 20 shortlisted cities before FIFA finalises 14 to 16 host venues in 2030. The city’s participation will depend on redevelopment work at the City Ground meeting FIFA’s stadium standards.

Nottingham Forest has secured planning approval to redevelop the Peter Taylor Stand, increasing its seating capacity by approximately 5,000 to reach 10,000 in that section. The wider project includes new public spaces, a club shop, car parking, and approval for residential units nearby. Updated proposals could increase total stadium capacity from 30,000 to between 43,000 and 45,000, positioning it among the largest football grounds in England.

The host city bid aligns with broader regional regeneration goals. It reflects growing commercial and sporting interest in women’s football, which continues to attract major investment, sponsorship, and tourism opportunities across the UK.

Leicestershire site sold with plans for 160 homes

0
Henry Boot’s land promotion and planning business, Hallam Land, has sold a site with planning for 160 residential units in Queniborough, Leicestershire, to housebuilder HarperCrewe. In 2016, Hallam Land entered into a planning promotion agreement with the landowners. The site, which is located eight miles north east of Leicester was included in the Charnwood Borough Council Local Plan, and in July 2023, Hallam Land submitted a planning application in line with the draft allocation. The application was successfully approved in December 2024. In addition to the 160 homes, of which 30% will be affordable, the consent will deliver over 12 acres of green infrastructure, incorporating allotments, improved habitats to meet Biodiversity Net Gain and recreational and play space for new residents. Tim Roberts, CEO at Henry Boot, said: “Hallam Land continues to benefit from the improved planning environment and sustained strong demand from UK housebuilders for land in prime locations. The sale to HarperCrewe represents another successful milestone for Hallam Land, keeping the business firmly on track to meet its annual sales target and deliver a strong contribution to the group’s 2025 financial performance.”  

Derby accountancy firm completes rebrand after growth milestone

0

Derby-based accountancy firm Ashgates has completed its rebrand to DJH following a merger that expands the group’s national presence. The firm, established in 1991, is now part of a professional services network operating 16 offices and employing more than 750 staff across England and Ireland.

The transition follows a record year for the Derby office, which achieved £6 million in annual revenue and experienced increased demand for its extended range of business services. These include research and development tax relief, capital allowance support, commercial funding, estate planning, and human resources advisory.

Scott Heath, Chief Executive Officer of DJH, said, “We’ve already achieved so many great things with the Derby team, both for our clients and local community. They always deliver exceptional business advice and are a brilliant addition to the team.”

The rebrand aligns with DJH’s wider growth strategy and recent recognition as a certified B Corporation. The group achieved a B Lab assessment score of 83.5, marking a formal commitment to meeting verified standards of social and environmental performance, accountability, and transparency.

Steve Martin, Director at Ashgates, added, “Aligning our brand with DJH allows us to leverage our combined strengths, whilst maintaining our trusted relationships with clients. We’re looking forward to continuing to work together as one team!”

DJH now ranks among the UK’s top 30 accountancy firms. Its Derby branch will continue to serve owner-managed businesses and SMEs across the East Midlands, offering advisory and compliance support through the expanded resources of the wider network.

Midlands launches data platform to map £31bn innovation economy

0

A new digital platform has been launched to strengthen the Midlands’ innovation network and improve access to data on the region’s growing tech and research economy.

The Midlands Ecosystem Platform, introduced during Birmingham Tech Week, compiles data on nearly 6,000 startups and 400 university spinouts. It connects users to more than 50 science and technology campuses, accelerators, corporate partners, and over 1,000 investors across the region.

The initiative was developed by Midlands Innovation, Forging Ahead, Midlands Mindforge, and the Invest in UK University R&D Midlands campaign, with support from data provider Dealroom.

The free, open-access tool aims to help founders update company profiles and identify funding opportunities, while investors can monitor emerging ventures. It also enables universities to highlight commercial spinouts and assists government bodies in analysing regional investment trends.

By mapping business, academic, and investment activity in one place, the platform is intended to provide a clearer view of the Midlands’ £31 billion innovation landscape and to encourage stronger collaboration between its research institutions and private sector.

Marketing leader launches new strategic advisory business with cycle challenge

After more than two decades leading and delivering the marketing strategy for one of the UK’s fastest-growing accountancy firms, James Pinchbeck has launched a new venture, Pinchbeck Marketing & Advisory, offering strategic marketing consultancy, fractional marketing leadership and non-executive and board advisory services to ambitious businesses and organisations. James, formerly Chief Marketing Officer and Marketing Partner at Streets Chartered Accountants, played a key role in helping the firm grow from a regional £5 million practice to a £40 million, 35 office group with an international footprint. Prior to joining Streets, James worked in marketing and business consultancy, supporting clients across professional services, food and drink, manufacturing, engineering, technology and the public sector. Alongside his executive career, he has held and continues to hold numerous board and chair roles in business, enterprise and education, including past Chair of Lincoln College Group, Chair of the University of Lincoln International Business School Advisory Board, and Chair of the Greater Lincolnshire Growth Hub Business Advisory Board, as well as leading enterprise agency The Growing Enterprise Group, which supports enterprise across the East Midlands, East of England and London. Pinchbeck Marketing & Advisory provides strategic marketing consultancy, fractional CMO leadership and non-executive advisory services to scale-up enterprises, owner-managed businesses, professional firms and the third sector. Alongside marketing leadership and brand strategy, the consultancy helps boards and leadership teams enhance governance, improve decision-making and align marketing performance with organisational purpose and accountability. James is particularly keen to help organisations navigate the opportunities and challenges of AI in marketing, ensuring performance is measured, meaningful and aligned to long-term sustainability. When asked about what he believes is different about the business James said: “I saw an opportunity to combine my two main areas of expertise – strategic marketing and board governance – into something distinctive. Pinchbeck Marketing & Advisory brings those worlds together, helping organisations strengthen both their market performance and their boardroom effectiveness. “We aim to help organisations grow with clarity, confidence and purpose through expert marketing leadership, strategic consultancy and non-executive board support.” To mark the launch, James will be cycling from Hull to Cambridge in aid of Prostate Cancer UK. The route symbolically follows the regions where he has built lasting relationships and will continue to work: Hull and East Yorkshire, Lincolnshire, the East Midlands, Cambridge and the East of England, as well as London. Commenting on the ride, James said: “I was due to take part in Sir Chris Hoy’s Tour de 4 in Glasgow in September, a ride organised to raise funds for Prostate Cancer UK and promote awareness of stage 4 cancer. Unfortunately, I was unable to take part, so it seemed even more fitting to undertake this ride instead. “The route reflects not just a fundraising challenge, but the geography of my career and network – places where I’ve worked with businesses, boards and professional firms over the past 25 years. It feels like a fitting way to start this new chapter – with purpose, challenge and momentum.”

Pegasus Court redevelopment to bring new industrial capacity to Kettering

0

Redevelopment is underway at Pegasus Court in Kettering after planning approval was granted for the site’s conversion into industrial open storage.

The five-acre site, located beside Junction 9 of the A14 and neighbouring Symmetry Park, was acquired by Augur in early 2024. It previously housed an Odeon cinema, two restaurant units, the Hobsons Choice pub, and a KFC drive-thru, all of which operated on expired leases.

Following the departure of Odeon and the non-renewal of the pub lease, the site was largely vacant. The KFC property at the front was sold to its operator in July 2025, leaving the remaining land available for redevelopment.

Planning consent for the industrial scheme was secured in September 2025, and construction has now begun. The project is expected to deliver new open storage facilities before the end of the year, expanding Kettering’s logistics and industrial capacity.

Earlier plans had assessed alternative uses such as light industrial space and new drive-thru units, but the final approval marks a clear transition for the site from leisure and roadside retail to logistics-focused use.

Promethean Particles appoints first CFO

Nottingham chemical manufacturer Promethean Particles has strengthened its senior leadership team by appointing its first chief financial officer, Paul Denney. Paul brings a wealth of financial management and leadership experience to the role having built an impressive career starting with IT outsourcing business, Electronic Data Systems Inc. (now part of Hewlett Packard), before managing in-house M&A teams at both Experian plc and Callcredit Information Group. Most recently, Paul, who is a CIMA-qualified accountant and has an MBA from the London Business School, was CFO for six years at Xeros Technology Group plc, an AIM-listed green tech business, and at an early-stage life sciences spin-out from Newcastle University. His role at Promethean Particles will involve acting as a key strategic partner to the firm’s chief executive officer, James Stephenson, balancing the management of day-to-day finances with seeking new investment and taking on legal, procurement, and HR responsibilities. Paul described his new role as the right opportunity at the right time, thanks to the significant investment Promethean Particles has attracted and its position as a market leader in the manufacture and supply of metal-organic frameworks. Better known as MOFs, the materials are capable of trapping and storing huge quantities of molecules, meaning they could hold the key to reducing the effects of climate change by capturing carbon dioxide from industrial gas streams before they are emitted into the atmosphere, alongside a host of other decarbonisation applications. Paul said: “Promethean Particles has the capacity to manufacture MOFs at a scale few other companies are capable of, thanks to its unique technology and the investment it has been able to make in the team and its manufacturing equipment. “That combination makes it an exciting company to be joining and I am looking forward to using my expertise and experience to help drive it forward. “I’d never heard of MOFs before coming here, but what I have learned about them is absolutely mind-blowing. I now find myself asking why I have never heard of this amazing class of materials before. Their potential is astonishing.” James Stephenson said: “We are extremely fortunate to have appointed somebody of Paul’s calibre to the position of CFO and I have no doubt that he will help us to achieve our ambitious growth plans. “This has already been a hugely significant year for Promethean Particles with several key milestones achieved in terms of product shipments and revenue growth. I am looking forward to Paul’s experience and his contributions strengthening our team as we prepare for the challenges and opportunities that await us in 2026 and beyond.”