Notts accountancy startup bets on automation, secures new funding

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Bright Beany Accounting, a Nottinghamshire firm offering tech-enabled accountancy services, has landed £25,000 in funding via First Enterprise and the British Business Bank’s Start Up Loans scheme.

Launched by co-founders Max Polkey and Katy Dales, the business targets SMEs with a model built around automation, digital workflows, and scalable support. The funding is being used to strengthen back-office functions and build out marketing to reach a broader client base.

The firm’s proposition targets a growing market of businesses looking to reduce manual accounting processes, improve real-time financial visibility, and reduce compliance admin.

First Enterprise, a not-for-profit lender, backs early-stage ventures that struggle to secure mainstream finance. Its loan values range up to £150,000. Its focus remains supporting innovation and job creation across the Midlands and beyond.

Saint-Gobain to bring 250 jobs to Leicestershire with new factory

Saint-Gobain has unveiled plans for a new low-carbon stone wool insulation plant in Melton Mowbray, Leicestershire, expected to begin production in 2027.

The factory will be built on the site of the former Holwell Foundry Works and when operating at full capacity has the potential to deliver 250 new jobs for local people.

Construction of the factory will create approximately 100 construction jobs, during the first phase.

The facility will initially produce 50,000 tonnes per year of high-performance stone wool insulation for the UK market with the potential to double its output to 100,000 tonnes per year.

The new manufacturing facility will feature cutting-edge technology, including a fully electric furnace, powered by renewable electricity. This investment will help customers reduce the embodied carbon of construction projects by lowering the CO2 (scope 1 and 2) footprint of stone wool insulation.

April sees leap in inflation

Inflation increased in April, according to new figures from the Office for National Statistics (ONS). The higher than expected uptick, measured by the Consumer Prices Index (CPI), saw inflation come in at 3.5% in April, up from 2.6% in March. The largest upward contributions to the change came from housing and household services, transport, and recreation and culture, while the largest, partially offsetting, downward contribution came from clothing and footwear. Core inflation, meanwhile, which takes out volatile factors like energy, food, alcohol and tobacco to give a clear picture of underlying trends, came in at 3.8% in the 12 months to April, up from 3.4% in March and above forecasts. Martin Sartorius, principal economist, CBI, said: “April’s rise in inflation was widely expected, driven by a perfect storm of price pressures such as higher employer National Insurance contributions, the National Living Wage increase, and a hike in the Ofgem price cap. “Looking ahead, the Bank of England expects that inflation will stay above 3% this year, as these pressures continue to impact households’ cost of living. This suggests that the Monetary Policy Committee is likely to hold rates in its next meeting, especially after May’s finely balanced decision to cut. “Beyond then, the MPC will reduce borrowing costs at a gradual pace, as it assesses how price pressures are developing in the economy.”

Strategic university-business alliance to boost skills and innovation

The University of Bedfordshire has formally partnered with the Northamptonshire, Milton Keynes, and Bedfordshire Chambers of Commerce, aiming to deepen collaboration between academia and industry across the region.

Under the new agreement, businesses will gain access to the University’s research capabilities, academic consultancy, and talent development programmes. The partnership will offer professional development opportunities, including Masters by Research pathways for employees of member businesses.

For the University, the alliance is designed to enhance student employability by embedding real-world experience into the curriculum. This includes internships, guest lectures, industry-informed teaching, and input into course development through industry panels.

The initiative is aligned with the University’s Career Powered Education model and reflects a broader goal of fostering inclusive economic growth through research, innovation, and skills development. Businesses will also benefit from bespoke research, strategic support, and joint initiatives tailored to local economic priorities.

The Chambers represent a significant portion of the business community across Bedfordshire, Northamptonshire, and Milton Keynes, with a combined membership spanning thousands of companies across sectors.

Council seeks new contractor after delays in Grimsby bridge project

North East Lincolnshire Council is terminating its contract with Spencer Group to refurbish Grimsby’s Corporation Road Bridge, citing unacceptable delays in the £5 million project. The council is seeking a new contractor to complete the remaining work, including restoring the Grade II-listed bridge’s lifting mechanism.

The project began in 2023 and had involved wrapping the structure in protective sheeting during restoration. While much of the bridge has recently been unveiled, the final stages have been hindered by unforeseen rust and deterioration that required additional surveys and extended the timeline.

Spencer Group expressed disappointment at the termination and attributed delays to unforeseen conditions that increased workload and costs. The council, however, has signalled a need to expedite completion and is prioritising the appointment of a new specialist firm to reopen the bridge as soon as possible.

Strong momentum continues at Staffline

Strong momentum experienced in 2024 has continued at Staffline, the Nottingham recruitment group has stated in a trading update. The business has delivered a 6.2% increase in gross profit for the first four months of 2025 compared to the prior year, driven by a year-on-year uplift in temporary worker hours in Recruitment GB, up 6.6% over the same period. This performance has been followed by the announcement of a substantial new contract with a leading logistics company which has materially enhanced the board’s expectations of group performance over the next three years. Staffline noted that is it “confident that trading across FY 2025 is on track to deliver results in line with recently revised management expectations, as the Group’s scale and reputation for service excellence continues to deliver further market share gains.”

Vistry appoints MD for newly formed North Midlands business unit

Vistry, the provider of mixed-tenure homes, has appointed Dave Bradley as the managing director of its new North Midlands regional business unit. Dave brings with him a wealth of experience in the house building sector, having held key positions at Owl Homes/Partnerships, Piper Homes and Persimmon. He has a deep understanding of the wider region and strong relationships with many of Vistry’s partners and supply chain. Adam Daniels, executive chair at Vistry Group, said: “I am thrilled to welcome Dave to the Vistry team. His extensive experience and leadership will invaluable as he continues Vistry’s work to deliver exceptional developments, providing thousands of mixed-tenure homes for the region.” Dave Bradley, managing director for Vistry North Midlands, said: “I am delighted to join the newly formed North Midlands Vistry region, there is a great team and lots of new land opportunities. I am looking forward to leading the team and delivering lots of excellent developments.” Dave will be steering the newly formed North Midlands team, combining teams from the former North East Midlands and North Central Midlands, as it builds thousands of mixed-tenure homes across the region including: 525 homes at Great Haddon, 362 homes at Garvey Glade, Bestwood, 333 homes at Fairham, Nottingham, 457 homes at Redhill, Telford, and 402 homes at Edwalton, Nottingham. Dave is looking forward to partnering with housing associations, local authorities and PRS providers on these projects, including Citizen, GreenSquareAccord, Homes England, Legal & General’s Suburban Build-to-Rent platform (‘LGSBTR’), Midland Heart, MTVH, Platform Housing, Rooftop Housing, Sigma, Placefirst, Gatehouse Bank, SAGE/Leaf and Wrekin Housing Group.

New principal and CEO appointed at Leicester College

Following the departure of Verity Hancock this summer, Leicester College has announced that Shabir Ismail has been appointed as the new principal and CEO. Shabir brings many years of valuable experience to this role and has demonstrated his dedication to the College, and more widely to Leicester, during his tenure as acting principal. Shabir will officially take up the post on 19 August when Verity formally leaves the role. Until then, he will continue to serve as acting principal, ensuring a smooth transition and continuity in the College’s operations. Shabir said: “I am truly honoured and humbled to be appointed as Principal and CEO of the College. I want to thank the Board and the entire College community for their trust and support. As Acting Principal, I’ve had the privilege of working alongside an incredibly dedicated and talented team. “I look forward to continuing this journey with you all, building on our shared successes, and striving together to make an even greater impact for our students, staff, and the wider Leicester community.”

“I’d encourage other businesses to get involved with an entry, to showcase your business and the impact it is making in the industry” – East Midlands Bricks Awards 2025

With nominations now open for Business Link Magazine’s East Midlands Bricks Awards 2025, taking place on Thursday 2nd October, last year’s ‘Deal of the Year’ winner is reflecting on the prestigious event and encouraging firms to enter. Robert Maxey, partner at heb Surveyors, said: “It was an honour to take home the Deal of the Year award at the East Midlands Bricks Awards 2024, especially because the other nominees in the category were so strong! It was extremely pleasing to see recognition of our team’s efforts and the event provided a great boost to morale. “Celebrating excellence in our region’s property and construction sector, and offering a great chance to catch up with local professionals, I’d encourage other businesses to get involved with an entry, to showcase your business and the impact it is making in the industry.” Marking 10 years of the event, this year’s eagerly anticipated awards ceremony will take place on Thursday 2nd October at Nottingham’s famous Trent Bridge Cricket Ground. The East Midlands Bricks Awards celebrates the successes of property and construction companies in Derbyshire, Nottinghamshire, Leicestershire, Lincolnshire, and Northamptonshire. Recognising those behind the changing landscape of the East Midlands, the occasion highlights development projects, businesses, and people in commercial and public building across the region – from office, industrial and residential schemes, through to community projects such as leisure schemes and schools. It also toasts the work of architects, agencies, and those behind large schemes. Welcoming almost 150 professionals, nominating a company or project for the awards is a great way to showcase your successes, recognise your team’s efforts, and reach our audience of over 60,000 business readers, while also offering a chance to connect with respected professionals. And better yet, it’s completely free to enter! Making the top three finalists in your category also wins you free tickets to the event, where you’ll be in the running for one of our coveted awards.

To make a nomination for the East Midlands Bricks Awards 2025, please click here.

Supporting imagery, video, documents, or links to these, can be sent to bricks@blmgroup.co.uk. Video nomination pitches are also welcome as an alternative or companion to written entries. Categories include: All finalists will have the chance to take home the Overall Winner award, which this year comes with a grand prize of a year of marketing/publicity worth £20,000, with the opportunity to split or gift the marketing to a charity of your choice.

Nominations will close on Friday 15th August.

New for this year, all entrants will also have the opportunity to be featured on our dedicated nominee showcase on the East Midlands Business Link website, providing space for marketing your achievements. Upon submitting a nomination, we will get in touch for any information, imagery, and video nominees would like to be featured on their showcase page.

The East Midlands Bricks Awards 2025

What: The East Midlands Bricks Awards 2025 When: Thursday 2nd October (4.30pm – 7.30pm) Where: Derek Randall Suite, Trent Bridge Cricket Ground, Nottingham Keynote speaker: Councillor Nadine Peatfield – Leader of Derby City Council, Cabinet Member for City Centre, Regeneration, Strategy and Policy, and Deputy Mayor of the East Midlands Tickets: Available here Dress code: Standard business attire Thanks to our sponsors:                                                                

To be held at:

With a limited number of sponsorship opportunities remaining, please contact Angie Cooper at a.cooper@blmgroup.co.uk to learn more if you are interested in becoming an East Midlands Bricks Awards 2025 sponsor.

East Midlands Mayor reveals vision for hundreds of thousands of jobs, new homes and £4.6bn economic boost

Hundreds of thousands of jobs, a £4.6bn boost to the regional economy and 52,000 new homes are at the heart of Mayor of the East Midlands Claire Ward’s roadmap for growth to be launched this week. The new vision for development across the East Midlands is being revealed at UKREiiF in Leeds, the UK’s biggest investment and infrastructure expo, which attracts more than 15,000 delegates from business and government. It joins the dots between a series of massive development opportunities across the region covered by the East Midlands Combined County Authority (EMCCA), which range from the £410m nuclear fusion project at West Burton to major commercial and residential projects in Derby and Nottingham and new opportunities for the region’s towns. The Vision also includes the UK’s only inland freeport and incentivised enterprise zones in Derbyshire and Nottinghamshire. Together, the developments in the new East Midlands Spatial Vision will create 100,000 full time jobs, deliver 52,000 new homes, boost the East Midlands economy by £4.6 billion, and unlock 4.2 million square metres of commercial space. Mayor of the East Midlands, Claire Ward said: “I am proud of the region the East Midlands is. We are – simultaneously – a £55 billion economy, a world-leading centre for manufacturing and technology, a place of astonishing natural beauty, and a region of internationally resonant heritage. “However, pride is not passive, and our Vision for Growth shows what this region has the potential to become. This potential will be realised through a set of substantial commercial development opportunities that we will be sharing at UKREiiF. “We are focusing on three in particular: the Trent Arc, which connects Nottingham and Derby, the Canal Corridor, which spans Derbyshire and Nottinghamshire, and the Supercluster, which focuses on three of our decommissioned power stations. These opportunities are a path to prosperity that builds on our existing, unique assets – and I look forward to sharing them with you.” The Vision has been drawn up with the support of Areli Group, the investment and development specialist whose team has delivered a series of successful landmark schemes across the UK, including the internationally-renowned regeneration of Battersea Power Station in London. Areli Group CEO Rob Tincknell said: “This is the most significant vision project we’ve been involved in. When you look at the East Midlands’ industrial strengths, the development assets it has, and the fact that it’s now got a Mayor leading from the front, then this is one of the UK’s most deliverable growth opportunities. “The UK needs to think bigger than ‘development-as-usual’ and that’s exactly what the East Midlands is doing – taking 14 individual investment opportunities and turning them into one connected project broken down into 14 parts.” Since her election a year ago, Mayor Claire Ward has announced ongoing investments in the East Midlands economy totalling £538m including transport, regeneration projects, investment zones and an investment fund. With the Spatial Vision, the Mayor, Areli and EMCCA have come up with a total of 14 growth opportunities covering energy, industry, transport, placemaking and the region’s growing visitor economy. They include: Trent Arc – covering Nottingham and Derby city centres, Ratcliffe-on-Soar and Willington power station sites, South Derbyshire Growth Zone, Infinity Park Investment Zone near Rolls-Royce, East Midlands Intermodal Park near Toyota, and the Toton & Chetwynd area. Supercluster – West Burton Power Station (which will host the pioneering nuclear STEP Fusion pilot) and Cottam and High Marnham power station sites. Canal Corridor – Chesterfield town centre and its mainline rail station, Explore Park Investment Zone, Markham Vale Enterprise Zone, Hartington & Staveley investment zone. The Vision also includes emerging proposals for the sustainable expansion of the visitor economy around the Peak District National Park and the Derbyshire Dales, a new destination for leisure, living and business near the Derwent Valley Mills World Heritage Site, renewal projects in the towns and villages at the heart of the region, and The Loop – a 150-mile trail connecting the East Midlands’ landscape, character, culture and heritage. Amy Harhoff, CEO of EMCCA, said: “This vision brings forward a series of logical and coherent development opportunities and a joined-up approach to delivery where we will support investors, partners and developers all the way. “The East Midlands economy has the advanced manufacturing and clean energy opportunities that are going to be vital to the UK’s future growth. We’re ready to harness that heft and work with partners to deliver.” Mayor Claire added: “With the EMCCA team, I’m at UKREiiF to start conversations with development partners who can help us deliver on the huge potential of a hyper-connected region that will have a major role to play in the UK’s future economic growth.”

Director disqualified for 11 years after dishonestly securing Covid loan

The director of a plumbing and heating company has been banned for 11 years after overstating his company’s turnover by hundreds of thousands of pounds to secure a Covid Bounce Back loan. Carl Barnes was the director of Central Plumbing & Heating Lincoln Ltd, which was incorporated in April 2016. The company, based on Wavell Drive in Lincoln, made a small profit in its first year of trading, but dormant accounts were filed by Barnes in the following years. In August 2020, the 45-year-old falsely claimed the company had a turnover of £340,000 for 2019, despite the actual turnover being £0. He received a Covid Bounce Back loan for the company of £47,500 which it was not entitled to. Barnes was disqualified as a director for 11 years, with the ban beginning on 8 May 2025. Kevin Read, chief investigator at the Insolvency Service, said: “Carl Barnes exploited the Bounce Back Loan Scheme by providing false information about his company’s turnover. “His dishonesty has resulted in this significant director disqualification, which prevents him from forming or managing a company for more than a decade.

“The Insolvency Service will continue to investigate those who abused this scheme – designed to help small businesses during the pandemic – and bring them to justice.”

Central Plumbing & Heating Lincoln Ltd went into liquidation in October 2022. The disqualification order prevents Barnes from being involved in the promotion, formation or management of a company, without the permission of the court.

UK-EU trade relations improve as summit delivers practical wins for exporters

The UK-EU summit in London has delivered tangible benefits for businesses, particularly exporters, marking a shift toward more stable and cooperative trade relations.

Business groups, including the CBI, British Chambers of Commerce, and the Federation of Small Businesses, welcomed new measures that reduce red tape, particularly for food and drink exports. The agreement includes a permanent deal to ease checks on agri-food products moving in both directions, which is expected to cut costs, minimise waste, and boost competitiveness.

The summit also signalled progress on longstanding issues affecting business operations. These include early commitments on a youth mobility scheme, alignment of emissions trading systems, and discussions on mutual recognition of professional qualifications—all moves that could ease operational burdens and reduce friction for UK firms trading with the EU.

Simplified rules for exporting plant and animal products are expected to benefit small businesses, while ongoing conversations about business mobility and border efficiency aim to ease delays and support supply chain resilience.

Industry bodies broadly agreed that while the deal does not resolve all challenges, it sets a more constructive tone for future engagement and practical cooperation on cross-border trade.

New housing scheme planned for Kirkby gateway

Ashfield District Council has unveiled plans for a 12-apartment residential development near Kirkby railway station. The development is designed to improve the housing supply and visibility of the station entrance.

The scheme is part of the council’s £62.6 million Towns Fund investment, including completed projects such as the Sherwood Observatory Planetarium and Science Discovery Centre, upgrades to Portland Square, and the ongoing Enterprising Ashfield initiative.

Initial plans for a hospitality development on the site were scrapped following low market interest. The council now aims to submit a planning application this summer, with construction expected to begin in early 2026, subject to approval. The project forms part of the council’s wider regeneration strategy focused on energy-efficient housing and enhancing local infrastructure.

New wind turbine approved to support farm diversification in Nottinghamshire

A new wind turbine installation at New Holbeck Farm in Halam, Nottinghamshire, has received planning approval following a Section 73 application to revise an earlier consent. The farm will replace its storm-damaged, non-operational two-blade turbine with a Vestas V47 model featuring a three-blade design and a 68.5-metre tip height.

The project forms part of Sharman Farming Ltd’s strategy to decarbonise energy usage and strengthen the long-term viability of its agricultural operations through renewable energy integration. The updated turbine model is tailored for rural use, reflecting a broader push in the UK toward decentralised clean energy solutions amid ongoing energy supply challenges.

Technical assessments, including noise and radar impact studies, confirmed the site’s suitability for the replacement infrastructure. Work on installing the new turbine is scheduled to begin this summer, and energy production is expected to commence in the autumn.

BNPL regulation targets clearer standards and reduced risk for consumers

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The UK government has confirmed new buy now, pay later (BNPL) lenders regulations, mandating affordability checks and clearer consumer protections. The move addresses growing concerns around unregulated short-term credit usage, which has surged to 11 million users nationwide.

The updated legislation, set to take effect in 2025, requires BNPL firms to perform upfront affordability assessments, speed up refund processing, and give customers access to complaint resolution through the Financial Ombudsman Service.

The Financial Conduct Authority (FCA) reports a marked increase in BNPL use, particularly among women aged 25–34 and lone parents. Around 40% of the latter demographic now rely on the service. Despite its convenience, industry watchdogs and consumer groups have raised alarms about the ease shoppers can incur unsustainable debt through these platforms.

BNPL providers operating in the UK will be subject to consistent standards aligned with other credit products. This could affect customer onboarding flows, lending algorithms, and risk management protocols.

The rules also allow firms to differentiate on transparency and consumer trust, as regulatory certainty may bolster investor confidence and long-term scalability in the sector.

The announcement comes amid a broader government effort to rein in emerging forms of consumer credit and provide stronger regulatory oversight for fast-growing fintech solutions.

Glamping plan rejected over noise and visibility concerns

Derbyshire Dales District Council has rejected plans to expand a Derbyshire campsite with four glamping pods, citing concerns over noise, landscape impact, and residential amenity.

The proposal, submitted by a local farming family operating the Racecourse Retreat campsite near Wirksworth, aimed to diversify income through rural tourism. However, council planning officers and elected members concluded the site’s elevated location, overlooking nearby homes, made it unsuitable for additional development, despite its status as a lawful camping site.

The application followed a previously rejected bid in 2022 for six pods on the same land. This revised plan proposed partially embedding two pods into the hillside and recessing the other two to minimise visibility. Supporting statements highlighted benefits such as mental health tourism, bike hire facilities, and contributions to the local economy through increased footfall. The applicants also noted the availability of on-demand transport services to mitigate concerns over the site’s rural location.

Despite these measures, councillors expressed unease about potential noise from outdoor activities like BBQs and hot tub use, light pollution, and the visual intrusion on the natural landscape. Several local residents objected on similar grounds, with one describing the scheme as an expansion of caravan operations incompatible with the area’s tranquil character.

While councillors acknowledged the wider pressures on farming and the need for diversification, they ultimately found the application lacked sufficient detail and presented enforcement challenges. There were also broader concerns about the cumulative effect of tourism-related developments across the countryside.

The council encouraged the applicant to return with a more robust and context-sensitive business case.

Housebuilder invests £80m into regeneration of forgotten Leicester waterways

Housebuilder, Keepmoat, is investing more than £80m into a regeneration scheme that will help transform disused and neglected industrial buildings near Leicester’s waterways. Now named Waterside, in honour of its picturesque proximity to the Grand Union Canal and River Soar, the scheme is being delivered in partnership with Leicester City Council to create new, energy-efficient homes that will replace 17 acres of brownfield land. Previously home to abandoned textile factories, the housebuilder’s investment has transformed the waterways from Wolsey Island to the city centre. The wider regeneration project has also delivered flood protection measures, enhancements to biodiversity and improved access to the canal and river for local people. The transformation is set to be complete by the end of 2026, when Waterside will offer a community of 350 homes nestled on the banks of the canal. Keepmoat has also worked with the local authority to improve the walking and cycling routes to Leicester city centre. As the development approaches the final phases of the regeneration, Keepmoat has shifted its focus to deliver a neighbourhood in Frog Island to meet the needs of the local community. Adam Sharpe, regional managing director at Keepmoat, East Midlands, said: “We’re thrilled to be continuing delivery under our strategic partnership model to unlock this vibrant brownfield site. “At Keepmoat we’re proud to transform and breathe new life into areas in need of regeneration. By delivering quality, sustainable homes in Leicester, we’re able to support a vibrant new community in an area people want to live – close to employment hubs and amenities.” City mayor Peter Soulsby added: “Leicester’s Waterside has for a long time had immense potential for regeneration. Bringing that redevelopment forward for the benefit of the city has been a long-held ambition of mine. “These new homes are a key part of that and have been a vital catalyst for the surrounding Waterside developments. We’ve worked closely with Keepmoat as our development partners to help transform Waterside into a vibrant, attractive neighbourhood in which to live and work.”

Strong start for NK Motors’ new Long Eaton showroom

NK Motors’ newly launched used car showroom in Long Eaton has posted a strong performance in its first month of trading, recording 82 customer enquiries and converting 43% of them into sales. A total of 36 vehicles were sold from an average on-site stock of 27 cars.

The Long Eaton location, opened in April, is NK Motors’ third site, joining its flagship Kia dealership in Derby and another sales centre in Nottingham. The business, which employs 80 staff and posted £80 million in revenue for 2024, is targeting £100 million in turnover for 2025. It also leases more than 1,000 fleet vehicles to corporate clients annually.

The group invested £100,000 refurbishing the Long Eaton premises, which it originally owned before leasing it out to another motor retailer in 2014. The site became available again after the previous tenant entered administration.

The new operation is self-contained, managing all its back-office functions, including finance, marketing and vehicle photography, on site. It has a showroom capacity for 80 vehicles, with plans to expand via an adjacent 40-car overflow site also owned by the group. Vehicles on offer range in value from £5,000 to £50,000.

Seven new roles were created with the site’s reopening, attracting over 500 applications. A further four hires are expected in the coming months. The launch also generated significant online engagement, including 25,000 Instagram hits and 18 five-star customer reviews.

Affordable housing partnership to continue in Towcester

More affordable housing is to be delivered in Towcester as part of Amplius’ ongoing partnership with Persimmon Homes Midlands. The businesses are extending their relationship to build more affordable homes at The Furlongs in the town. So far, the agreement has seen 123 affordable homes provided since 2021, with at least another 12 guaranteed to be built. The one, two, three and four bedroom homes, which include some accessible bungalows, have been made available for affordable rent, social rent and Shared Ownership. Marcus Keys, chief development and commercial officer, Amplius, said: “By working closely with Persimmon Homes Midlands, we’re providing much-needed affordable housing in Towcester. “These homes give local people the chance to get on the housing ladder and to have a house they’re proud to call home. “We’re really pleased with the progress being made by the Persimmon team and we’re looking forward to continuing our partnership with them to deliver even more affordable homes.” David Ablett, construction director at Persimmon Homes Midlands, added: “Handing over a portion of our homes at Towcester is the latest example of our successful partnership with Amplius, which is delivering much-needed new homes for local families. “We’re continuing to work hard to prioritise quality and affordability for all our customers. “We’ll continue to work closely with our local partners to ensure our investment makes a positive difference to communities across the region.”

Gold seen as safe haven amid tax hikes and market volatility

A recent survey of UK retail investors indicates that gold is now the most favoured asset class for the next 12 months, with 58% of respondents expecting its value to increase. This marks a notable shift in investor sentiment as geopolitical and economic uncertainties persist.

The findings, published by Charles Schwab UK, show that confidence in gold has overtaken traditional indices such as the FTSE 100, which only 39% of investors expect to rise. Similarly, 40% are optimistic about the Dow Jones and 38% about the Nasdaq.

This movement towards gold comes amid growing concerns about tariff policy and the recent hike in capital gains tax, which exempts physical gold investments. The Royal Mint has reported increased demand for physical gold assets like coins and bars.

Younger investors are particularly active in this trend, with 31% increasing exposure to precious metal stocks in the past quarter. Overall, 73% of investors view mining and precious metals companies as sound investment opportunities. This figure is even higher among millennials at 79%, reflecting a generational leaning towards assets perceived as inflation-resistant and less exposed to political risk.

By comparison, just 70% of investors view AI stocks as strong investments, highlighting a broader pivot toward defensive positions in portfolios.