Immigration law firm expands further with capital investment

Nottingham-headquartered UK immigration law firm, OTB Legal, is spreading its wings once more – this time with a new office in London. The firm will be based from Uncommon in Liverpool Street, in East London. The move follows OTB Legal’s recent opening of a Manchester office to support its clients in the north-west. Offering expert legal advice and support from sponsor licences and skilled worker Visas to spouse Visas and citizenship, OTB Legal has grown consistently from its Chase Park headquarters just outside Nottingham. Now, the firm is ready to make the major move into the capital, as Director Sally McEwan explains. “We’re thrilled to announce OTB Legal’s expansion to London, a milestone that aligns perfectly with our vision for the future,” she said. Sally added: “London, as a global hub, presents an incredible opportunity to extend our expert legal services to a wider audience at a time when the demand for top-tier immigration and business law advice is soaring. “This move enables us to provide even more responsive, innovative, and client-focused solutions, meeting the needs of our clients in this dynamic and fast-paced environment.”

Cost pressures and weaker than anticipated sales see profit warning at Shoe Zone

Shoe Zone, the Leicester-based shoe retailer, has issued a profit warning following continued cost pressures and weaker than anticipated sales.

The business says it has continued to experience cost pressures associated with container prices due to a reduction in the supply of shipping vessels and the continuation of a reroute away from the Suez Canal. As a result, container prices have risen significantly over the last six months.

Alongside an increase in shipping costs, the company has experienced weaker than expected Spring Summer sales from April to June, due to unseasonal weather conditions.

As a result, the company now expects adjusted profit before tax for the financial year ending 2 October 2024 to be not less than £10m, compared to more than £16m in the year prior.

Consultation extended on National Grid power line proposals for Derbyshire

National Grid is extending its public consultation on its proposals to build a new 60-kilometre, high voltage electricity power line running between a new substation at Chesterfield and an existing substation at Willington. The public consultation has been extended until 11:59pm on Tuesday, 17 September 2024 to give people additional time to have their say and provide feedback. National Grid says building a new power line between Chesterfield and Willington will increase the capacity in the centre of the country, enabling cleaner, greener energy to be carried around the network, benefiting homes and businesses in Derbyshire and beyond, and supporting the UK’s offshore wind and net zero targets. Leanne Evans, Project Director for Chesterfield to Willington, said: “We’d like to thank everyone for taking part in our consultation so far, your comments and feedback are invaluable in helping to refine our proposals for this important development. “Feedback previously submitted during this consultation remains valid, but if you haven’t yet done so, please do get involved, visit our website and find out more.”

Mexican food chain chooses Nottingham for second UK mainland eatery

Mexican brand Boojum is planning to open a second UK mainland restaurant in Nottingham this autumn. The news comes hot on the heels of the opening of its Leeds eatery, which launched in April this year. The new 2,377 sq ft restaurant will be located on Lower Parliament Street, opposite the Victoria Centre in Nottingham city centre, close to the Nottingham Trent University Campus. It will create 25 local jobs and have seating for 42 diners. Established in 2007 in Belfast, Boojum has 17 outlets across Ireland, Northern Ireland and the UK mainland. The Nottingham operation will be its 18th eatery. Boojum CEO, David Maxwell, said: “We are hugely excited to be launching our second UK mainland operation. We have been overwhelmed with the huge success of our Leeds launch with customers loving our energetic and vibrant atmosphere and are looking forward to creating more ‘Boojum addicts’ in Nottingham.” Boojum operations director, Rob Powell added: “Boojum Nottingham marks the next phase in our national expansion strategy, which will see us open 25 new stores over the next five years. “A lot of love goes into what we do, with a huge passion and commitment for quality and the best tasting Mexican food. Nottingham is an ideal fit for us with its eclectic student population and a vibrant and diverse culture and we can’t wait to bring the Boojum vibes to the city’s food offering.”

Warning over tarmac scam as Nottinghamshire businesses targeted

Police are encouraging businesses to be wary of a scam in which “leftover” tarmac is offered to them for free. A number of Nottinghamshire businesses – including farmers – have been approached by scammers who say they work for a construction company and are conducting road works in the local area. The scammers have then offered the businesses leftover tarmac for driveways and potholes, claiming it is free. Some business owners accepted the offer but were left shocked when they later received a phone call billing them for the work. When they refused to pay, they were threatened with violence. PC Kelly Carlile, of Nottinghamshire Police, said the majority of the reports had been from the Rushcliffe area but urged all businesses to be vigilant. She said: “We’ve had a number of reports in recent weeks. In one case, the business owner felt so threatened they paid £9,500 before reporting the matter to the police. “Elsewhere, the owner of a car dealership also said he’d accepted the offer of free tarmac and was later billed £10,000. When he refused to pay, a male caller threatened to burn his business down. “In another reported incident, a family-run farm accepted the offer of free tarmac and were later billed £500. When they refused to pay, the caller threatened to fight them – prompting the family to contact the police and install CCTV at their home.” PC Carlile said all the incidents were being investigated and urged anyone with information about those behind the scam to come forward. She added: “These reports are concerning and we are doing everything we can to identify those involved in the scam. “In the meantime, we are encouraging businesses to stay vigilant and ensure they exercise caution when dealing with unsolicited offers such as free tarmac. “Whilst we haven’t received any reports from residents, they too should be vigilant as similar scams to this have occurred elsewhere in the UK in residential areas.” Businesses and individuals are advised to take the following precautions:
  • Verify caller identity: Always verify the identity of the caller. Contact firms directly using official contact details to confirm the legitimacy of any offers.
  • Do not share information: Avoid sharing personal or business information with unknown callers.
  • Do not accept unsolicited offers: Be wary of unsolicited offers for services, especially if they seem too good to be true.
  • Report suspicious activity: If you receive such a call or are approached with this offer, report it to the local authorities or trading standards.
  • Stay informed: Keep updated with official communications from local authorities regarding such scams.
Businesses can report suspicious calls to Nottinghamshire Police by one of the methods on its contact us page. Alternatively contact Trading Standards by calling 0300 500 8080.

Top tips for entering the East Midlands Bricks Awards 2024

With the East Midlands Bricks Awards 2024 drawing nearer, nominations are now flowing in. Celebrating the outstanding work of those shaping the landscape of our region, this year’s highly-anticipated awards ceremony will take place on Thursday 3rd October, at the Trent Bridge Cricket Ground in the Derek Randall Suite. Here are 5 top tips for a successful entry:
  1. Make your nomination compelling.
  2. Less is more – as often judges have to read a large number of nomination forms, no one wants to read “waffle” or an excessive use of jargon in an award entry, so be concise and specific with what you write.
  3. Use facts, statistics and key examples that support why a project, person or business should win an award, as they will make any statement you make much stronger.
  4. Make sure to read the criteria carefully to be sure that your nomination does in fact fit what is being looked for. Why not reflect on last year’s winners to get an idea of whether your nomination reflects a certain category’s requirements.
  5. Finally, proofread your nomination and submit it in plenty of time!
Sponsors of the awards have also contributed their advice, with Greg Simpson, founder of Press for Attention PR, sponsor of the Responsible Business award, sharing: “First up, tell us judges a story. “We don’t need to hear about what you do, your history and inside leg measurements. Set the scene by all means but grab our attention early on by explaining the problem or challenge as it stood and how you tackled it and crucially…why? How did you change things? What does it mean for the user/stakeholder. Remember, nobody wants a drill…they want a home in the wall. Show us the results.” Offering advice to those entering Mather Jamie’s sponsored category, Architects of the Year, Amy Biddell, director, said: “For architects looking to submit an application, we will be looking for them to demonstrate an understanding of planning regulations so that development meets approval. Sustainability and biodiversity are hot keywords within the industry, so we will be looking for entries to showcase an innovative approach to sustainable working practices, which meet development briefs. “Other points to consider include; design ethos that shows sympathy to local aesthetics, consideration for ecology/environment, ease of construction without too many modifications to design or materials, demonstrate client satisfaction, schemes that also benefit the local community.” Meanwhile, Ed Tripp, consultancy director at EMEC, which is backing Contractor of the Year, said: “Our top advice for any contractors looking to submit an application is to showcase a nature/ecology first approach to their development schemes. We firmly understand the need for new developments in order to drive the economy forward, but we will be looking for contractors who are showcasing an innovative approach to embracing sustainability. Our role as the consultant ecologist is as much about protecting habitats as it is about offering added value advice to the developer so that the communities they create, incorporate diversity.” William Crooks, Managing Director of Cawarden, sponsor of Excellence in Design, said: “For those contemplating a nomination, our foremost advice is to embrace boldness and innovation. Demonstrate how your project pioneers new frontiers and positively impacts the environment, people, or communities. We eagerly anticipate reviewing the exceptional submissions and paying tribute to the visionaries propelling design excellence in the East Midlands.” Sponsoring Deal of the Year, Tutum Consulting’s director, Simon Prescott shared: “To create a compelling nomination, focus on what sets your deal apart. Highlight the unique impact and innovative aspects of the project, detailing how it pushed boundaries and achieved significant results. Here are some key elements to emphasise:
  1. Clear Objectives and Vision: Start by outlining the clear objectives and vision behind the deal. Explain the goals you set out to achieve and the strategic thinking involved.
  2. Challenges and Solutions: Describe the challenges faced during the deal’s execution and the innovative solutions implemented to overcome them. Highlight any creative approaches or out-of-the-box thinking that contributed to the deal’s success.
  3. Collaboration and Team Effort: Emphasise the collaboration and teamwork that drove the project. Recognize the contributions of all stakeholders, including partners, clients, and team members, showcasing how their combined efforts led to a successful outcome.
  4. Quantifiable Results: Provide concrete, quantifiable results to demonstrate the impact of the deal. Use metrics such as financial performance, project scale, timelines, and any other relevant data that illustrates the success and significance of the deal.
  5. Broader Impact: Explain the broader impact of the deal on the community, industry, or market. Highlight any long-term benefits, sustainability initiatives, or positive changes resulting from the project.
  6. Supporting Materials: Include supporting materials such as testimonials, visuals, and any other documentation that strengthens your nomination. These materials can provide additional context and evidence of your achievements.
“By focusing on these aspects, you can create a compelling and comprehensive nomination that clearly demonstrates why your deal deserves to be recognised as the ‘Deal of the Year.’ Remember, the goal is to tell a compelling story of innovation, collaboration, and success that captures the judges’ attention and showcases the excellence of your project.” If you haven’t submitted your entries for the East Midlands Bricks Awards 2024 yet, now is the prime time to take this opportunity to showcase your business, team and projects. Nomination forms can be found here and entry is free. Alternatively, click on an individual link below to go straight to a specific category’s nomination form. Award categories include:

Nominations end Thursday 5th September, with winners revealed at a glittering awards ceremony on Thursday 3rd October at the Trent Bridge Cricket Ground – an evening of celebration and networking with property and construction professionals from across the East Midlands.

Tickets can now be booked for the 2024 awards event, click here to secure yours. Taking place in the Derek Randall Suite at the Trent Bridge Cricket Ground on Thursday 3rd October, from 4:30pm – 7:30pm, connect with local decision makers over nibbles and complimentary drinks while applauding the outstanding companies and projects in our region. Attendees will also hear from keynote speaker Paul Southby, partner at Geldards LLP, chair of the Advisory Board to Nottingham Business School, chair of Broadway independent cinema, trustee of Clean Rivers Trust, chair of Nottingham Partners, board member of Marketing Nottingham and Nottinghamshire, and former High Sheriff of Nottinghamshire. Dress code is standard business attire. Thanks to our sponsors:      

             

To be held at:

Letting engineered at Midland Road Industrial Estate

Rushton Hickman has let Unit H on Midland Road Industrial Estate to Almex Engineering Limited. With a gross internal floor area of approximately 3,743 sq ft, the unit, close to Swadlincote town centre, offers an open plan workspace which is ideal for the fabrication and engineering work undertaken by the new tenant. The unit features roller shutter access to the front. Internally, there is a kitchen, office and WC facilities. Additionally, there is car parking available at the front of the unit, as well as a secure external storage compound at the rear. Rushton Hickman director, Richard Fairey said: “There is continued demand for industrial units and we are delighted to have secured Almex Engineering Limited as the new tenants for Unit H, Midland Road within a relatively short period, which is a fantastic opportunity for both parties and we are confident that Almex Engineering Limited will thrive in their new location.”

Vistry secures 122-home deal with MTVH across three East Midlands sites

Vistry Group, the mixed-tenure affordable housing developer, has finalised a partnership with affordable housing provider Metropolitan Thames Valley (MTVH), for 122 properties across three East Midlands developments. MTVH has agreed a forward purchase of 90 new properties in Nottinghamshire: 65 at Vistry’s Fairham development and 25 family homes at its Padstow site in Bestwood. MTVH is also taking 32 dwellings in Derbyshire at Vistry’s St Lawrence Fold scheme in Clay Cross. All three sites offer a blend of tenures. The 122 homes include a mix of two-bedroom apartments and two-, three- and four-bedroom houses. The first homes will be built and handed over in July 2024 with handovers taking place until the end of November 2025. Lee Parry, Vistry’s Managing Director for North East Midlands, said: “Deals like this with MTVH which involve properties across multiple developments are hugely important in helping to tackle the crippling shortage of affordable homes in the region. “Our regional team is thrilled to be building high-quality affordable family homes for MTVH across the three developments, helping to transform these new sites into balanced communities that are welcoming places to live.” Geeta Nanda OBE, Chief Executive at MTVH, said: “We’re delighted to once again be partnering with Vistry to deliver much needed new affordable homes for the East Midlands. “This latest venture represents a significant investment, and it will help to meet the growing demand for housing and provide an affordable route into homeownership for more people. “MTVH is one of the leading UK providers of affordable housing with over 55,000 homes nationally, and around one in five of these in the East Midlands. Our aim is to provide as many people as possible with the security of a safe, affordable, and well-maintained home. “Working with Vistry, we believe these three schemes will help more people across the region have the chance of a decent, affordable home and to live well.”

A slam dunk as Mo Walker joins WBR Group as ambassador

WBR Group (WBR), the independent provider of SSAS services and tax experts, has unveiled its most recent signing with the appointment of esteemed basketball player Mo Walker as its new ambassador for the Group. In this role, Mo will be based in the Leicester office, where he will actively engage with the local community and collaborate with charitable organisations. Mo Walker, known for his remarkable career in basketball, embodies the spirit of leadership and community engagement. His impressive career on the court, combined with his commitment to making a positive impact off the court, aligns perfectly with WBR’s values. In this new role Mo will be at the forefront of WBR’s community initiatives, his influence in the sports world and his dedication to community work are anticipated to significantly boost the brand’s profile and encourage a positive impact within the community. He will actively participate in WBR’s charitable endeavours, whether it’s supporting local schools, environmental projects or sporting themed events. Tom Moore, CEO of WBR Group, said: “We are delighted to welcome Mo to our team, we have known him for some time as we are sponsors of the Leicester Riders, his most recent team. “He is an icon in the world of basketball, and his commitment to community development resonates with our core values. As our Ambassador and Community Liaison, he will be an invaluable asset in connecting with our audience and advancing our outreach programs.” Mo Walker said: “I am absolutely thrilled to join the WBR Group family, this opportunity is not just a new challenge, but a chance to make a meaningful difference beyond the basketball court. The values of WBR Group resonate deeply with me, especially their commitment to community, innovation and doing the right thing for their clients. “When you reach a certain level in the sporting world, it is important to inspire and lead by example, and WBR’s dedication to excellence and social responsibility offers the perfect platform to continue this mission. I’m eager to embark on this journey, to connect with communities, and to help drive forward the incredible initiatives WBR Group stands for.”

Nottinghamshire cable firm secures £340,000 funding deal to acquire manufacturing HQ

A Nottinghamshire-based manufacturer and global supplier of cables and controls is eyeing further growth and safeguarding the future of its locally skilled workforce, after securing a major funding deal to help purchase a £550,000 industrial unit and business headquarters. Cable-Tec, which also operates a site in Liverpool, has guaranteed its long term future in the region by utilising the £340,000 facility provided by Reward Finance Group to help purchase its existing rented commercial property in Sutton-in-Ashfield. The company manufactures and supplies cables and controls to meet a diverse range of business applications and industry sectors, including agriculture, marine, construction and even motorsports. It has previously supplied parts to McLaren and its associated business on their sports and hyper cars and to suppliers of the Ministry of Defence for control and activation systems used in its armoured vehicles. Cable-Tec was established in 1988, with current owner and managing director Kevin Whincup purchasing the business in 2019. Recognising the need to seize the opportunity to purchase the manufacturing facility within a short timeframe, he turned to alternative finance lender Reward, which specialises in providing property investors and SMEs with tailored business finance loans and asset based solutions of up to £5m. Kevin Whincup, owner and managing director of Cable-Tec, said: “Being in a position to acquire the manufacturing facility is critical to our future growth aims and commitment to retaining our highly skilled workforce, who are all based locally. “We’ve worked hard to establish a successful business that has a strong team in place and caters globally for an increasingly broad range of sectors. Relocating now would be hugely detrimental to our future vision for the business and long term expansion aims. “Due to the speed with which we needed to complete the purchase of the manufacturing unit, we turned to Reward as it has vast property finance expertise and also a reputation for delivering funding solutions at pace. “The flexibility provided throughout the borrowing process has also helped remove many of the financial headaches and hurdles that inevitably arise during this type and size of transaction.” Steph Brown, regional director for Reward Finance Group in the Midlands, said: “To be able to support Kevin and his thriving business through a property acquisition that will safeguard the future of his local workforce is hugely rewarding. “Having a secure manufacturing base in the region that the business can now call ‘home’ also opens up so many opportunities to drive future growth.” Becky Hayward, relationship manager at Reward, added: “Many SME-size firms can often fail to capitalise on new market opportunities simply because they’re either unable to access the funding or secure it under a tight time constraint. “We pride ourselves on being able to help firms like Cable-Tec find an agile financial solution that enables businesses to react to a change in circumstances and complete a transaction within a short period. We hope it now provides the springboard for further global expansion.” The deal between Cable-Tec and Reward Finance Group was brokered by Evolve Commercial Finance.

ABB investing £27m in new Nottingham earthing and lightning protection factory

ABB is investing more than £27m in a new facility in Nottingham to meet increased demand for Furse® earthing and lightning protection solutions.

The new site is expected to open in early 2025 and will integrate advanced technology, flexible automation, R&D and testing, and digital processes to boost production capacity and enhance efficiency and sustainability.

More than 100 employees will relocate to the new 9,500 sq m facility from the existing 6,300 sq m ABB Installation Products Nottingham foundry, which has continually operated for over a century in the area where Furse originated in 1893.

In addition to an expanded footprint, the site will be constructed in line with the BREEAM Excellent rating for sustainable building standards and include efficient equipment and technology, photovoltaic rooftop cells, electric vehicle charging stations, and processes centered on reducing waste and energy.

The space will be designed to support collaboration and training, accelerate R&D, and drive automation to serve European customers and increase available inventory globally.

Khalid Mandri, president, ABB Installation Products Division, said: “This important investment builds on 130 years of Furse technology, enabling us to remain at the forefront of earthing and lightning protection and deliver solutions that improve safety and reliability for our customers. “As part of our global growth strategy, we continue to expand our capabilities and capacity, further strengthening ABB’s manufacturing footprint and supply chain and regionalizing production of high-demand electrical solutions customers, installers and distribution partners need. “Building this site in Nottinghamshire further reinforces our commitment to the industries we serve and to the community where we have operated for more than a century and want to continue to be a leading employer.”

ABB Installation Products currently has six locations in Europe in Belgium, France, Hungary, Italy, Switzerland and the UK where it employs more than 100 associates in Nottingham who develop, test and produce a broad range of Furse solutions.

The new campus will occupy nearly five acres in Fairham Business Park, within close proximity of ABB’s existing Wilford Road site and is accessible for employees, customers, suppliers and distribution partners.

“We are continually advancing solutions across electrification, and the earthing and lightning protection lifecycle. Our new facility is a leap forward in design and technology, positioning us for the future while enabling us to preserve resources and reduce energy and water consumption aligned with circularity and sustainability priorities across ABB’s operations,” said Andrea Castella, Europe region leader, ABB Installation Products.

Boots delivers strong quarter with continued sales growth as CEO leaves and owner ditches sale

Boots has delivered a thirteenth consecutive quarter of market share growth with both retail and pharmacy sales in growth for the three months ended 31 May 2024. Retail sales increased by 6%, on top of a 13% increase in the prior year quarter, with growth across all categories. Digital sales continue to grow rapidly up 13.8%, on top of 25% growth in the year ago quarter. In store sales also grew in the quarter boosted by increased footfall in flagship, destination health and beauty and travel stores. Pharmacy sales were up 5.8% for the quarter, driven by increased take up of healthcare services. Sebastian James, Boots UK & ROI CEO, said: “This is another set of consistently strong results for Boots. I am pleased to see our positive momentum continue across the whole business, with both retail and healthcare increasing sales and a thirteenth consecutive quarter of market share growth. “We continue to focus on making exciting new brands and services accessible, whilst focusing on value and rewarding loyalty. We are committed to delivering a fantastic experience for customers however they shop with us. I would like to thank our incredible team members for their continued hard work and ongoing commitment to deliver for our customers every day.” The results comes as Sebastian James looks to leave his role after six years at the Nottingham business and Boots’ owner, Walgreen Boots Alliance, for the second time pauses plans to sell the business or list it on the stock market, as the company’s growth, strategic strength and cashflow remain key contributors to Walgreens Boots Alliance. According to reports in Sky News, Sebastian James will depart Boots in November to run Veonet, a chain of ophthalmology clinics.

Ashfield businesses to get tailored international support

Business owners in Ashfield thinking about trading abroad, or existing importers and exporters looking to drive international sales, can take advantage of a fully funded service from the Ashfield Accelerator Project. ‘Trading Overseas’ is part of the Project delivered by East Midlands Chamber and funded by the UK Shared Prosperity Fund (UKSPF). It forms part of Ashfield District Council’s Accelerator Programme and offers support to local businesses to tap into global markets. This could be for strategic as well as operational support. Sole traders, micro and small and medium-sized enterprises (SMEs) can be supported by a specialist consultant – Andrea Collins of the Global Trade Department – to address import and export challenges such as finding new markets, suppliers, distributors and trade events. The service will be tailored to the needs of each business and could cover global trade functions, regulatory compliance or sustainability planning. Home Curtains, a maker and supplier of curtains based in Sutton-in-Ashfield, is one business that has already benefitted from support. Home Curtains head of finance Rachel Binks said: “We were looking for support to guide us through the exploration of new markets abroad. We contacted the Accelerator project and explained what we were looking to investigate, and in turn built a plan to turn our ideas into practice. “We were introduced to Andrea who worked tirelessly with us, showing patience and understanding in every question we had. The support and guidance paid significant dividends upon the acceptance of a Customs warehouse and continued support through applications for VAT numbers in EU countries and further afield.” East Midlands Chamber Deputy Chief Executive Diane Beresford said: “We are delighted to be working with Ashfield District Council on the Accelerator Trading Overseas project. This is hands-on support for any business in Ashfield wanting to break into overseas markets or grow its current international portfolio. “Eligible businesses also have access to the new Ashfield Accelerator Grant, which can provide between £8,000 to £30,000 to support costs for trading overseas as well as adopting new technologies, research and innovation, decarbonisation and workforce development.” Businesses wanting to find out more should visit the Ashfield Accelerator pages of the D2N2 Growth Hub website and complete an Expression of Interest form. This project will end on 31 March 2025.

Erewash set for new landmark as bridge given the go-ahead

A new bridge that is poised to become an Erewash landmark has been given the formal go-ahead by the borough council. The sweeping curve of steel – featuring a suspension arch – will help to transform one of the area’s waterfronts. The crossing for pedestrians, cyclists and wheelchair users will span the Erewash Canal – linking the centre of Long Eaton to the town’s West Park. It is being funded by government levelling-up money and will replace a bridge that towpath users currently risk banging their heads on because it was built so low. The old Broad Street bridge dates back to 1913. It will be demolished after Erewash’s planning committee gave official permission for its replacement at a Long Eaton Town Hall meeting. Councillors heard the existing crossing is “showing its age.” A report warned: “Structural assessments suggest a lifespan of only approximately a further ten years.” The plan also includes a waterside terrace featuring tiered seating for 100 people overlooking the canal. Pontoons on the waterfront will allow kayaks and other small craft to be launched. Refreshment space has been set aside for community events, theatre performances and cinema screenings. Well-lit pathways will deter anti-social behaviour – while the new bridge has been designed to be graffiti-resistant. The bridge’s balustrade will reference Long Eaton’s lacemaking industry by incorporating a wedding pattern motif. Construction of the new bridge and waterfront is set to be completed by early 2026 after Long Eaton was awarded almost £25million of central government funding in what is known as a Town Deal. The grant for regeneration projects will also see the High Street transformed.

Practical completion achieved at Phase One of Beauchamp Business Park

Practical completion has been achieved on Phase One of Beauchamp Business Park, a new commercial development in Kibworth, Leicestershire. The development is being brought forward by Clowes Developments and its team including IMA Architects, TanRo, Millward Consulting Engineers, Gateley’s Legal and Postins Project Services. Phillips Sutton and TDBRE have been instructed as agents on the scheme. Beauchamp Business Park is situated on a 15-acre site located on the outskirts of Kibworth between Leicester and Market Harborough on the A6. The site features a series of freehold and leasehold industrial units ranging from 1,270 sq ft to 10,085 sq ft. Construction began on Phase One in September 2023. Now, over 80% of the units have been sold or are under offer, with the majority being taken up by local business owners and investors. Kevin Webster, associate director at Clowes Developments, says: “We are committed to developing sites that bring economic benefits to our region through providing exceptional buildings for growing businesses. We have been struck by the strength of demand for the units at Beauchamp and I am very much looking forward to seeing the whole site develop into a thriving business centre in the coming years.” Clowes Developments have retained IMA Architects who are providing all architectural services and acting as Principal Designer on the scheme. Ben Hall, director at IMA Architects, says: “We are proud to have delivered phase one on time for Clowes Developments and we are already on site pressing ahead with Phase Two of the scheme, which has started earlier than planned due to the strength of demand for units at the site.” Construction of Phase Two has been underway since April 2024 and will see the creation of two additional terraces and a semi-detached unit to be used for B1 and B2 use class. Completion is expected in late 2024. Kevin Webster adds: “We are pleased to have been able to pull the construction of the second phase forward and we are on course to complete the whole site ahead of schedule.”

Production to stop at Leicestershire stilton specialist

Arla Foods have confirmed production at a Leicestershire dairy could stop. The business, which runs Melton Mowbray’s Tuxford and Tebbutt Creamery, is proposing to stop production at the site that has operated for nearly 250 years. Arla Foods is now entering a period of consultation with the stilton specialist’s colleagues. The site employs around 60 people. It follows a strategic operational review announced in January, following a decline of the speciality cheese market in the UK. At the time Arla Foods said it was looking for possible buyers.

Streets Chartered Accountants covers election concerns, trivial benefits and more in new news roundup

Streets Chartered Accountants covers election concerns, trivial benefits, and more in its latest monthly news roundup. What might businesses want from the next government? The wait is over and we now have a date for a general election, the 4th July. Whilst many will have been pressing for and wanting an election, how many of us have considered why or what we really want from the next government? Whilst individuals will no doubt have their own thoughts and asks, these invariably will be unique to them. When it comes to businesses there is probably a more collective thought or ask. Read More Employment, workforce and skills election special This special episode of The Streets Sessions, with guests Anita Wynne, CEO of Beststart Human Resources, and Taj Rahil, Partner and employment law specialist with leading law practice Fladgate LLP, focuses on the election and what the main party manifestos have in store for employers and employees, as well as addressing workforce skills shortages and managing migration. Listen Now Small perks, big impact: keeping your team happy In today’s competitive business landscape, finding and retaining great staff can feel like finding a needle in a haystack. But did you know that something as simple as trivial benefits can make a significant difference? Trivial benefits are small perks that don’t attract tax. Think coffee vouchers, seasonal gifts or a team lunch. These little tokens of appreciation can work wonders for morale and loyalty across all industries. Read More Bloodstock industry benefits from Streets Bloodstock’s new Taxation Guide for 2024 Streets are excited to announce the publication of the 2024 Bloodstock Tax Guide, in association with The Thoroughbred Breeders’ Association. This specialist guide has been produced in response to the members of the association seeking advice and guidance on the specific tax implications and treatments for those involved in the sector and in particular breeders. This new guide supersedes the Horseman’s Group guide for bloodstock taxation advice. Read More Banking & Finance services for clients – business funding options available There are numerous reasons why many clients are using Streets’ Banking and Finance services. Their dedicated in-house team are easy to access, work with your accountants and are situated within Streets offices providing an expert knowledge in all areas of finance. Like your accountant they always have the client’s and their businesses’ best interests at heart. Whatever your funding requirements are it pays to engage with experts to support you, who have access to whole of market to secure the right funding solution for your business needs. Read More HMRC wrongly refund voluntary Class 2 National Insurance payments This incorrect refunding may have significant effect on many individuals in the future when the time comes to receive their state pension and other contributory benefits. Each year, Class 2 National Insurance is collected via self assessment returns and payments transferred through self assessment to each individual’s National Insurance record by HMRC. However, all Class 2 contributions need to be paid by 31 January for the contributions to be accepted by HMRC systems. Read More

Latest equity funding round sees Nottinghamshire crowd and public safety tech company achieve £10m valuation

Halo, the public safety and security software, which was used at the coronation for King Charles III and the state funeral of Her Majesty Queen Elizabeth, has secured further equity funding via crowdfunding platform Crowdcube. This now takes the crowd safety and security operations tech platform to a £10 million valuation. The public safety and security technology, which was the recent recipient of a King’s Award for Enterprise in Innovation, was oversubscribed in its maiden crowdfunding investment call, achieving 198% of its target raise. Halo Solutions secured a total of £489,610 from 188 equity investors on the Crowdcube trading platform, taking the total number of investors in the company to 220. The Halo System provides a public safety, security and incident response platform that streamlines all aspects of crowd safety, incident management, security and operations into one place. It protects over 3 million people per day on average. It is used at some of the world’s biggest and most prestigious events, venues and stadiums including the Eurovision Song Contest, FIFA World Cup fan zones in Qatar, the Miami F1 Grand Prix, Silverstone’s British Grand Prix and Moto GP. It has also protected fans at some of the UK’s biggest entertainment events, from Notting Hill Carnival and Glastonbury to the Edinburgh Military Tattoo. Halo was also used at the coronation of His Majesty King Charles III and the state funeral of Her Majesty Queen Elizabeth. The global market for incident and emergency management alone was valued at $121.4 billion in 2022 and is forecast to exceed $163 billion in 2027. Halo has also forecast 340% revenue growth in FY23 and has a client retention rate of 93%. Now employing 16 people, Halo Solutions was founded in 2018 by CEO Lloyd Major, a former national counter terrorism police officer, crowd safety and event security adviser with more than 20 years of policing experience, including police training and public order command at major sporting events. He was also the first operational police planner in the UK to obtain a Master’s degree in Emergency Planning and Management, developing a totally new process for threat assessment at public events, which became national policing policy. Commenting on the recent investment round, Halo Solutions founder and CEO Lloyd Major said: “We are absolutely delighted with the response from our maiden funding round with Crowdcube and thrilled to welcome on board our new investors on this exciting next phase of our journey. “The capital raise will enable us to continue our development funding of the software with more client-led features whilst also helping to fund marketing campaigns into new territories and power up our global expansion into America, Europe and the Middle East.” Midven, one of Halo’s main investment partners, has also strengthened its further investment into the tech company to support its global growth and expansion. Surjit Kooner, investment director of Midven, said: “Midven, a part of Future Planet Capital, is delighted to be able to further support Halo Solutions in their latest fundraising round. The progress Halo have made to date is testament to the dedication of Lloyd and the broader team. “The funds raised will play a pivotal role in the next stage of Halo’s growth, enabling them to expand the product range of their lifesaving crowd and security software, enter new territories, and enhance their marketing efforts.”

Rolls-Royce SMR signs Armed Forces Covenant

Rolls-Royce SMR Chief Executive Chris Cholerton has signed the Armed Forces Covenant as part of the organisation’s continued commitment to supporting those who serve or have served in the Armed Forces, and their families. He said: “Rolls-Royce SMR is proud to be an armed forces-friendly organisation and signing the covenant reaffirms our commitment to Service personnel, veterans and military families. We are committed to attracting a diverse workforce to the Rolls-Royce SMR business and welcome the breadth of skills, knowledge, and experience that those who have contributed to the armed forces can bring.” With More than 700 employees, its continued commitment to equity, diversity and inclusion is one of Rolls-Royce SMR’s greatest strengths – an important part of maintaining that diversity is supporting the employment of veterans and Service spouses and partners. As part of its social value work, and commitment to ensuring entrants are supported in joining the nuclear sector, Rolls-Royce SMR already offers additional flexibility for service personnel and their families, along with career transition support and extensive ongoing development opportunities. Linda Costello, Rolls-Royce SMR Director of Internal Audit, said: “As a Trustee of The Poppy Factory – a charity which supports wounded, injured and sick veterans into meaningful employment – I’m delighted to see Rolls-Royce SMR signing up to the Armed Forces Covenant. Veterans, their partners, and existing service personnel can offer employers a range of valuable skills and experience which will enhance our diversity and provide access to a wealth of talent.” The Rolls-Royce SMR is the first nuclear power station to be designed and built in the UK for over a generation and offers a radically different approach to delivering new nuclear power. Each ‘factory-built’ nuclear power station will provide enough low-carbon electricity to power a million homes for more than 60 years and will create thousands of long-term, high-skilled jobs.

Nottinghamshire solar farm could create 460 new jobs

Around 460 jobs could be created if plans for a new Nottinghamshire solar park are approved. The proposed Great North Road Solar Park, near Newark, would create enough clean energy to power every home in the county. Developer Elements Green states that around 400 roles would be created during the construction phase, with a further 60 needed permanently once it is operational. “The benefits of the Great North Road Solar Park aren’t just limited to cheaper bills and greener energy,” said Mark Noone, head of UK development. “There will be hundreds of secure well-paid jobs created during construction and the project’s legacy would include scores of skilled positions once the site is operational. “Over half of those will be engineering roles, but there will also be a need for admin and support staff, and there will be plenty of chances for these roles to be filled locally. “These will be good jobs, which are permanent and pay a proper wage. And much like the Great North Road Solar Park, we believe they will make a positive contribution to the lives of families across the area. “The skills and training opportunities on offer to local people will form part of a separate announcement to follow in the coming months.” According to Mark, an initial public consultation staged earlier this year revealed “pleasing” levels of support for the development which would be built north of the town. Almost half of the respondents either backed the development or could support it in an amended form. If approved it would see around 1.5m solar panels erected to produce cleaner energy, which would play a significant role in hitting the UK Government’s Solar PV target of 70GW constructed by 2050. Locally, it would lead to a greener Nottinghamshire – with substantially less carbon emitted into the atmosphere each year. Additionally, around £1m-a-year in grant funding would be made available to the local community via the NG+ scheme, helping community projects that have a focus on areas such as education, food security, energy efficiency, wellbeing and the environment. Mark added: “Whilst the Great North Road Solar Park is still currently a proposal, the benefits it could bring to this area – be it jobs, community funding and cleaner energy – are huge. “And this all signals our intent to make a permanent and positive economic difference to the area through Great North Road Solar Park.”