Welcome Break signs long-term deal to upgrade motorway services

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Welcome Break has agreed a 75-year extension with the Department for Transport and National Highways to continue operating eight key motorway service areas across England.

The agreement secures the company’s presence at Newport Pagnell, Corley, Woodall, Birchanger, Warwick, Membury, Keele, and Leicester Forest East — locations that collectively employ about 2,000 people.

Under the terms, Welcome Break will invest further in modernising its facilities and expanding its electric vehicle charging capacity. More than 1,000 chargers are expected to be available across its network by 2026, with Leicester Forest East set to receive ultra-rapid chargers for the first time.

The lease renewal forms part of a £400 million investment programme over five years aimed at improving food, retail, and rest amenities across its 60 service areas and 31 hotels.

National Highways said the agreement supports its wider plan to manage public assets sustainably and prepare for higher EV adoption. The deal also provides long-term certainty for roadside businesses that rely on consistent footfall from Britain’s motorway network.

Newmark and Freeths advised Welcome Break. CBRE and Eversheds Sutherland represented the Department for Transport and National Highways.

Planning approval granted for Leicester’s Corah Works redevelopment

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Galliford Try Investments has secured planning permission for a major regeneration project at the historic Corah Works site in Leicester. The development, submitted in partnership with Cityregen Leicester, will transform the former factory complex into a mixed-use urban community featuring around 1,000 homes.

The project will retain and restore key heritage elements, including the 1865 Old Textile Building façade and two landmark chimneys, which will be integrated into the new design. Plans also include new public spaces designed to improve connections between Leicester city centre and Abbey Park.

Beyond housing, the approved scheme may incorporate commercial units and a hotel, broadening its role as a catalyst for economic activity in the area. The project marks a significant milestone in the ongoing regeneration of Leicester’s urban core, bringing a long-vacant industrial site back into productive use while preserving its historic character.

Phil Harris, Managing Director for Galliford Try Investments, said: “We are delighted with this decision, which comes after extensive work with the community and council over a number of years. This is a once-in-a-generation opportunity to transform a landmark site, create much-needed new homes and public spaces, and support Leicester’s future growth. By respecting Corah’s heritage while delivering modern, sustainable development, the scheme will bring pride back to this historic part of the city.”

Decision deferred on 3,500-home Grimsby West Masterplan

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A decision on the masterplan for the proposed ‘Grimsby West’ development site has been deferred at a North East Lincolnshire Council Cabinet meeting. Cabinet members voted not to approve the Masterplan straight away, instead deferring any decision until points raised at a recent scrutiny panel are answered by the private developers behind the scheme. The Grimsby West proposal includes 3,500 new homes set around a country park with open space, a link road and new schools, stretching from the A46 to the west of Morrisons through to the A1136 west of Wybers Wood. The site is allocated in the Local Plan 2013 to 2032 (Adopted 2018) as a Strategic Housing Site under Policy 14. This policy within the Local Plan requires a Masterplan for the Grimsby West site to be submitted to the Council before planning applications for development on the site are determined. Now complete and published, the Grimsby West Masterplan was initially discussed by members of North East Lincolnshire Council’s Transport, Infrastructure and Strategic Housing Scrutiny Panel. Councillors on the Panel voiced concern in three areas: flood risk and waterflow and pollution into the River Freshney, the need for the completion of a Traffic Assessment, and the need for more graphic detail on the Freshney Valley Country Park. Those concerns and comments were then considered by Cabinet members, who went against a report paper recommendation to approve the Masterplan. The developers, Harworth Group and M.F. Stawson Ltd, will now be asked to amend the Masterplan. Following the Cabinet vote and decision, the Portfolio Holder for Housing, Infrastructure and Transport, Cllr Stewart Swinburn, said: “As a council we must ensure we take the appropriate and correct advice and follow all the necessary and statutory steps to consider plans of this nature and that is what we are doing and will continue to do.”

Intercede “confident” as momentum builds

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Intercede, the Leicestershire-based cybersecurity software company, is remaining “confident” despite a slip in revenues, as momentum builds.

In a trading update for the six months ending 30 September 2025 (H1 FY26), the group shared that it expects revenues to be approximately £8.21m, representing a year-on-year decrease of 3.9% or a decrease of 4.2% on a constant currency basis.

Elements of the firm’s revenue, however, “showed encouraging growth, underlying the quality of the business being won and the positive momentum that the Group has generated in broadening its client base.”

Reported revenues includes licence revenue which increased by 65.5% to £1.44m and comprises perpetual licence income of £1.08m (up 63.6% from H1 FY25) and subscription licence income of £0.36m (up 71.4%). The growth in subscription licence income is a key strategic focus, as the group looks to transition towards a more subscription-based revenue model.

The period saw the business experience temporary delays in some contract awards, primarily attributable to the US federal market. These delays, combined with adverse exchange rate movements and changes in revenue mix, have particularly affected reported US dollar revenues in the second quarter of the period.

Notwithstanding these delays, Intercede still saw good progress in contract and renewal orders in Q2, totalling $3.2m. 

Klaas van der Leest, CEO, said: “The Group continues to build momentum through a geo-diversified pipeline, and the breadth of our new contract orders is a clear reflection of that progress. The Group enters H2 FY26 with momentum and a growing revenue backlog for FY27 and beyond.

“As we move into the second half of the year, the Group remains focused on converting pipeline opportunities. Given the underlying momentum being seen by the Group, the Board remains confident in the Group’s short, medium and long-term growth trajectory and maintains that full-year financial performance will be in line with current market expectations.”

£150,000 programme to boost cyber resilience of East Midlands businesses

Applications are now open for a £150,000 programme offering practical support to boost the cyber resilience of regional businesses. East Midlands CyberGrowth is offering businesses fully-funded, practical support to improve how they manage cyber risk, train staff, and futureproof their operations. Led by Dr Ismini Vasileiou, founder and director of the East Midlands Cyber Security Cluster and Associate Professor at De Montfort University Leicester (DMU), East Midlands CyberGrowth arrives at a critical time. Recent high-profile hacks on high street brands have combined with the UK Government making cyber security a central thread of its industrial planning. East Midlands CyberGrowth is itself funded through the Cyber Local scheme, part of the Government’s Plan for Change work to kickstart economic growth and ensure good jobs, skills and growth nationwide. As such, East Midlands CyberGrowth’s overarching aim is to make cyber resilience a core part of how organisations think, operate and grow. Dr Vasileiou said: “The recent wave of high profile cyber attacks on UK businesses shows that even large companies can fall victim to hackers. East Midlands CyberGrowth will help local businesses reduce risk of becoming the next casualty. “Courses are designed to meet businesses where they are – regardless of whether they have an existing cyber security plan. We can help SMEs and nonprofits increase resilience and embed cyber security in their operations.” The fully-funded, in-person East Midlands CyberGrowth programme will help 30 regional SMEs boost their digital resilience. The programme will also organise the East Midlands Cyber Resilience Summit which will see 100+ business come together with leading speakers and delegates for a day-long cyber security conference hosted at De Montfort University Leicester in February 2026.

Motorpoint reports “strong market outperformance”

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Motorpoint Group, the Derby-based independent omnichannel vehicle retailer, has reported “strong market outperformance” in a trading update for the six months ended 30 September 2025 (H1 FY26). The business saw retail volume growth of 8.9%, compared with H1 FY25. Meanwhile, total revenue increased 15% to £648m. Profit before taxation is expected to be £3.6m, up 80%. Mark Carpenter, CEO, Motorpoint Group PLC, said: “I am pleased to report that the Group has delivered strong volume growth and significantly outperformed the wider market in the first half of FY26, building upon the improvements achieved last year. “Data is increasingly fundamental to our business, supporting buying and pricing decisions, underpinning strong metal margins, and enabling us to sell more vehicles through market leading pricing and customer interaction. Providing our customers with a seamless experience has continued to drive our performance and our Net Promoter Score in the first half improved to 83. “Although economic uncertainty remains, I am confident that our omnichannel business model and exciting strategic plans stand us in good stead going forward as we pursue expanded supply channels, new store openings, improved online and store channel integration, along with data and AI to drive further efficiency and improved customer experiences. “We are well placed to take full advantage of the opportunities that exist in our market to build long term value.”

Francis Jackson Homes expands footprint at Corby’s Priors Hall Park

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Work has begun on the next stage of Corby’s Priors Hall Park, as Francis Jackson Homes returns to the 907-acre site with a new 52-home project. The scheme forms part of Urban&Civic’s long-term masterplan to create more than 5,300 properties supported by education, retail, and community infrastructure.

The latest build continues the developer’s partnership with Urban&Civic after strong sales in previous phases. Construction is now underway, with completion of the first homes expected in mid-2026. The mix of two- to five-bedroom houses will feature energy-saving technologies such as air source heat pumps, underfloor heating, and EV charging points — features increasingly standard in modern residential builds as energy regulations tighten.

Priors Hall Park has been positioned as one of the Midlands’ most ambitious mixed-use communities, already home to schools, shops, play areas, and an outdoor amphitheatre. The ongoing expansion signals continued confidence in the Corby housing market and reinforces the site’s role as a regional growth hub attracting both private buyers and investment interest.

East Midlands sees surge in new business registrations

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New company formations in the East Midlands reached their highest level since March, signaling renewed entrepreneurial activity amid broader economic uncertainty.

According to data from Creditsafe compiled by R3 Midlands, 2,566 new businesses were registered in September, marking a 20% increase on the same month last year. The figures suggest growing confidence among business founders and investors across the region.

Insolvency activity also eased during the period, with fewer company failures, administrations, and creditor meetings recorded compared with previous months.

While the increase in start-ups points to optimism, underlying challenges remain. The construction sector continues to face a slowdown, particularly in housebuilding and smaller contracting projects, which are sensitive to shifts in demand. Retail and hospitality firms are under pressure from high labour costs and weaker consumer confidence.

Labour market indicators show rising unemployment and a decline in job vacancies, reflecting wider economic caution. Industry observers note that while new business growth is positive, firms must continue to monitor cash flow and plan strategically to navigate potential headwinds through the remainder of the year.

Pall-Ex gets go-ahead for £80m national HQ

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Logistics network Pall-Ex and commercial property developer and investor Barberry have been given the go-ahead for the construction of a state-of-the-art freight distribution hub in Leicestershire. Pall-Ex’s new Centre of Excellence – the largest build-to-suit pre-let deal in the UK this year – will cover 408,000 sq ft, with an additional 100,000 sq ft of canopy space, on a 14.2-hectare site. The £80 million facility will serve as the flagship logistics hub for the network and will house Pall-Ex’s UK and European headquarters. The Centre of Excellence has been designed with sustainability at its core, aiming for EPC A+ and BREEAM Excellent accreditation. The new hub incorporates a variety of energy-efficient and eco-friendly features, including electric vehicle charging stations, solar panels and designated green spaces. Jonathan Robinson, Barberry Development director, said: “We are thrilled to announce that, having earlier this year secured a pre-let agreement with Pall-Ex to deliver the company’s new national Centre of Excellence in Leicestershire, we have now achieved planning consent. “Our development is key to the region and will create around 500 construction jobs and an estimated 534 permanent jobs, business rates for the local authority and economic growth for local businesses and the community. “Working closely with Pall-Ex, we will create a new national palletised freight distribution centre that will deliver new ESG credentials, carbon net zero in occupation, staff welfare recreation zone incorporating football pitch, basketball court, club house, helping attract and retain staff while providing Pall-Ex with the operational excellence that will make the business stand out amongst its UK competitors. “I would like to thank Hinckley and Bosworth Borough Council for their key engagement with this process and indeed their exemplary service and support for our scheme.” Kevin Buchanan, Pall-Ex Group chief executive officer, said: “Our new, multi-million-pound, cutting-edge Centre of Excellence isn’t just about expansion and growth – it’s about redefining the industry through technology, quality, and state-of-the-art infrastructure. As a market leader, we are immensely proud to unveil plans for premises that will be A+ rated, carbon-neutral, and built for the future. “This investment signals a massive opportunity for our stakeholders, reinforcing Pall-Ex’s position at the forefront of operational excellence. We are once again leading the way and shaping the future of palletised freight distribution through innovation, people, technology and sustainability.” Harris Lamb undertook the land search on behalf of Pall-Ex, identifying the subject site and undertaking the planning negotiations. Sam Silcocks, of Harris Lamb’s Planning Consultancy, secured permission for the scheme, and Paul Wells, of Harris Lamb’s Building Consultancy team, oversaw the development of the site design concept through to the preapp planning stage, and has been instructed to oversee the project and ensure it meets all operational requirements. Andy Lamb, director, Harris Lamb, said: “It is incredibly rewarding to see so many years effort pay off in bringing forward a project of this scale, and we are thrilled to have reached the point where work can commence. We are looking forward to watching the progress of the development as it unfolds.”

IMA Architects appointed to £175m Fusion21 Construction Consultancy Services Framework

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IMA Architects has been appointed to Fusion21’s Construction Consultancy Services Framework, a national framework with a projected value of £175 million over four years. The framework will provide specialist construction-related consultancy services to public sector organisations across the UK and will support projects of any scale, including those of complexity and high value. Fusion21 is a social enterprise and national procurement organisation that supports more than 1,100 members including housing associations, local authorities, schools, NHS Trusts, and emergency services. Its frameworks are designed to help members procure services efficiently while ensuring quality, compliance, and social value are built into every project. The Construction Consultancy Services Framework brings together leading consultancies across a wide range of disciplines including architecture, surveying, project management, and engineering. IMA Architects has been selected for its specialist expertise in Building Information Modelling (BIM). BIM is increasingly recognised as a vital part of modern construction, allowing the design and construction team to create a shared digital model of a building. This enables better collaboration, reduces clashes during construction, improves cost certainty, and supports long-term facilities management. IMA has invested heavily in BIM capability and now embeds it across the design and delivery of projects to improve outcomes for clients. Through its appointment to Fusion21, IMA will have the opportunity to deliver its expertise to a wide range of public sector organisations nationwide. Joe Travers, director and BIM manager at IMA Architects, said: “Being appointed to Fusion21’s Construction Consultancy Services Framework is an important milestone for our team. It highlights the strength of our BIM capability and the value it brings to clients. Digital design is transforming the way projects are delivered and we are excited to work with Fusion 21 members to help them deliver construction projects across the UK.” Tania Silva, framework manager at Fusion21, said: “We are delighted to welcome all the new suppliers onto Fusion21’s Construction Consultancy Services Framework, including IMA Architects. The tender process was highly competitive and has identified the best suppliers for our members to source construction-related consultancy services for the built environment. “Members accessing this framework will work with a team of technical procurement experts whilst benefiting from procurement efficiencies, value for money, and a fast route to market.”

Extra homes approved for Thoresby Vale expansion

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Plans to expand housing at the Thoresby Vale development in Edwinstowe have been approved, allowing for the construction of up to 190 additional homes.

The scheme, led by Harworth Group and Mines Property Ltd, forms part of the ongoing redevelopment of the former Thoresby Colliery site, which closed in 2015. The wider regeneration project received initial outline consent in 2016 and full approval in 2019 for 800 homes, a primary school, leisure areas, and commercial facilities.

The latest application was brought before Newark and Sherwood District Council’s Planning Committee to increase the total number of residential units permitted within the site. A report presented to the committee stated that the additional housing would not significantly alter the character of the area beyond what has already been approved.

The committee granted outline approval, subject to conditions, paving the way for further development within one of Nottinghamshire’s key brownfield regeneration sites.

Legal firm forms partnership to help break the cycle of addiction

Leicestershire-based legal firm Johnson Astills has named The Carpenter’s Arms as its Charity of the Year. A rolling programme of support will be implemented over the coming year, starting with accredited therapy training for five support workers. Recognising the therapeutic benefit of gardening, the firm has also committed to providing 15 fruit trees and topsoil for raised vegetable beds as part of The Carpenter’s Arms Malone Meadows ‘field to fork’ initiative. Johnson Astills solicitor Jasmine Lees said: “Johnson Astills is committed to giving back through its Corporate Social Responsibility Committee and The Carpenter’s Arms stood out as a charity very deserving of our support. “I work in child protection and as a police station representative and every day see clients who have struggles with substance misuse, some who unquestionably would not find themselves in the justice system had they been sufficiently supported in the community. “Sadly, many are repeat clients owing to offences associated with drug and alcohol misuse. Breaking that cycle is key and The Carpenter’s Arms offers an important but scarce resource in our community to do just that.” Chair of trustees at The Carpenter’s Arms, Judith Spence, added: “We’re delighted that, having seen first-hand the work we do and having spent time with some of our residents, Johnson Astills took the decision to lend us their support. “Structured therapy like CBT and DBT offers appropriate challenges to behaviours associated with addiction, and Johnson Astills’s donation will help us ensure many more men benefit from this intervention. We’re really looking forward to working with them more closely over the coming months.”

Fortem wins contract to deliver major retrofit programme for Lincolnshire Housing Partnership

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Lincolnshire Housing Partnership (LHP) has awarded a major contract to property maintenance contractor Fortem to deliver a full retrofit programme that will make 1,243 homes across the region more energy efficient. Backed by grant funding from the Warm Homes: Social Housing Fund Wave 3, the new contract will see Fortem upgrading all homes to an EPC Band C rating. The works follow nearly £18 million already invested over the past year to improve energy efficiency across LHP’s housing stock in its Green Homes Upgrade project. Works will include installing external and cavity wall, loft, and suspended floor insulation, along with solar panels and air source heat pumps, helping to cut carbon emissions and create warmer homes. This latest retrofit programme builds on the strong partnership between LHP and Fortem, with both organisations having worked together since 2023 on a ten-year, £150 million Decent Homes programme, delivering new kitchens, bathrooms, and roofs across 12,000 LHP homes. Danny Wyer, corporate head of property at LHP, said: “This new contract with Fortem will enable us to deliver high-quality improvements at scale, creating homes that are more energy efficient, while improving the comfort of homes and the wellbeing of our residents. “It’s another key milestone in our long-term ‘Great Homes and Strong Communities’ strategy, reinforcing our commitment to providing safe, sustainable housing across Lincolnshire – now and for the future.”

Principal contractor appointed to first phase of multi-unit logistics development

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Glencar has been appointed as the principal contractor for the design and construction of the first phase of VGP Park East Midlands, a multi-unit logistics development. This represents Glencar’s first project with both VGP, a pan-European industrial real estate developer, and Newlands, who are acting as development managers. Phase 1 of the project involves the construction of two industrial units: Unit 3, measuring 240,000 sq ft, and Unit 4, measuring 130,000 sq ft. Both units will include integrated office space. In addition to the vertical construction, the works will comprise full site-wide earthworks and the formation of plateaus to enable future development of Units 1 and 2 as part of a later phase. Significant infrastructure improvements will also be delivered, including Section 278 highway works to Netherfield Lane and Tamworth Road. The development is targeting BREEAM Excellent certification and includes full external works, such as HGV and car parking, access roads, and landscaping. Peter Goodman, managing director at Glencar, said: “This is an important milestone for Glencar as we embark on our first project with both VGP and Newlands. The VGP Park East Midlands scheme stands out not just for its scale but also for its ambitious sustainability targets and technical complexity. We look forward to bringing our expertise to the table and working collaboratively to deliver a best-in-class logistics park.” Jonny Allen, country manager – UK at VGP, said the scheme will be delivered in two phases, with Phase 1 being completed in October 2026. “VGP appointed Glencar to deliver this scheme after a competitive tender,” he said. “They’ve made great start and have already demonstrated their expertise in this sector of real estate development. VGP Park East Midlands is an exciting part of our expansion – we are actively seeking occupiers and look forward to welcoming them to the site.”

Why protecting your digital identity is now central to managing assets and preserving trust: by Mark Smith, chief information officer at Streets

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Mark Smith, chief information officer at Streets, considers the importance of cybersecurity as it transitions from an IT department issue to one everyone must consider. In today’s tech-enabled world, we can get complacent about safety. Cars automatically stop us from hitting that fox that jumped out in front of us, smartwatches warn us to take a rest and our house alarm detects the sound of breaking glass outside. These advancements are amazing, genuinely saving lives and making our lives easier, allowing us to spend more time doing what we enjoy. Most of us use this technology for its intended purpose, there are however people out there who see it as an opportunity to commit cybercrime and cause massive disruption or misery for others. There have been incidents where baby monitors were hacked and used to spy on families to facilitate extortion, or a smart fish tank heater being compromised to steal thousands of megabytes of personal data from a casino. Both happened simply because people didn’t run the update they were prompted to install. It’s easy to forget that anything and anyone can be targeted, but that doesn’t mean we need to fear new technologies. We just need to be more aware of the risks around cybersecurity, both at work and at home with our friends and family. I am a firm believer that good cyber awareness starts at home. If you make sure your parents, your children and yourself update iPhones, Android phones and laptops when prompted, use a strong unique password for emails and set up multi-factor authentication, it makes you, your friends, family and colleagues more cyber-aware both at home and at work. So, why does this matter anyway? Cybersecurity used to be just an IT issue, but now it’s everyone’s issue and a business-critical priority. While technology plays a vital role in defending against attacks, the human factor often remains the weakest link. Of course, your IT team still needs to invest in modern email scanning, advanced malware protection and either have the skills in-house or a managed security team to help when (and I do mean when, not if) someone tries to get in. However, if we all just rely on technology to protect us, we are still risking reception giving someone that front door key. Creating a cyber-aware culture starts with education. Staff need to understand not only the “how” but also the “why” behind cybersecurity practices. Regular education on identifying malicious emails, using strong passwords and reporting suspicious activity is essential. There’s a reason why you constantly hear the “See it. Say it. Sorted” message from the British Transport Police when on the train. The earlier threats are identified, the quicker they can be stopped and the damage limited. Over the last decade, we have seen a shift in how cyber-attacks often start. Now they are often more opportunistic, trying to work their way up the food chain until they can catch a big fish. Of course, the large, targeted attacks still regularly happen, but most of us are far less likely to be a victim of one of these. That’s why attackers are often now just after our passwords to try to get into a system and work their way up, either inside the organisation or higher up the supply chain. That’s why it is so important to protect our security identity as much as we possibly can. Education plays a huge part in this, but technology can help a lot these days. There are multiple suppliers who can monitor who is using your login to access your email, your files, or third-party systems and look for suspicious activity. They can automatically identify anomalies in how your login is being used and block access even before an attack has happened. Were you logging into your email from Bristol 2 minutes ago, but now you are in China trying to access secure files and starting to upload information to an external sharing site? These tools proactively monitor your systems 24/7 and respond automatically, keeping you safe while your friendly IT team is fast asleep. We are now seeing that cybersecurity isn’t just being seen as a cost, but an investment in business continuity and client trust. The reputational damage from a breach can be far more costly than any security measure and the mental toll of dealing with identify fraud and personal financial loss can be far reaching. As the M&S incident demonstrates, the financial impact can be catastrophic, but the erosion of customer confidence can have even longer-lasting consequences. In an age where technology shields us from physical harm and streamlines daily life, it’s easy to overlook the growing threat of cybercrime. Just as we diversify investments and monitor financial risks to protect our wealth, we must treat cybersecurity as a form of digital asset management. After all, safeguarding your identity and data is not just about IT—it’s about preserving trust, continuity and long-term financial health.   See this column in the October issue of East Midlands Business Link Magazine here.

Derbyshire industrial site to be sold for £2.2m

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A vacant freehold industrial/warehouse unit on a 2.44 acre site in Swadlincote is being sold by Watling Real Estate. The 37,424 sq ft unit on Hartshorne Road is being sold on behalf of the joint administrators of Greenbank Terotech Ltd, Lee Causer and Benjamin Peterson. Offers in the order of £2.2 million are being sought for the site. Ben Holyhead, an associate director in the Birmingham office of Watling Real Estate, said: “This is a well-specified freehold unit, within a local market where there is restricted availability of standing industrial stock. “The warehouse accommodation offers a clear internal height of circa nine metres, substantial craneage and sits on a large site area, with resulting low site coverage and excellent yard and circulation space. “We expect to receive a good level of interest in the property from both occupiers and investors.”

Business confidence returns as small firms stabilise external finance use

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Small and medium-sized enterprises (SMEs) across the UK have maintained steady use of external finance in 2024, according to the British Business Bank’s latest Nations and Regions Tracker. The report shows that 45% of smaller firms accessed external finance during the year, a marginal drop of one percentage point compared to 2023, following the sharp rebound seen the previous year.

Regional performance was mixed. Northern Ireland recorded the highest proportion of firms using finance at 52%, while the North West and East of England saw modest increases. The East Midlands, North East, and Wales registered notable declines. Credit cards remained the most common form of borrowing, followed by overdrafts and leasing or hire purchase arrangements.

The appetite for growth funding has improved. The proportion of businesses open to using finance rose to 38%, with the West Midlands showing the largest regional rise. Despite this, nearly a fifth of firms still expect difficulties in obtaining finance.

Equity investment fell by 2.5% to £10.8bn, with deal activity returning to pre-pandemic levels. However, the North West, South West, and East of England showed stronger investment intensity, supported by active venture capital presence and local innovation hubs.

During 2024/25, the British Business Bank directed 84% of its new finance outside London, supporting 22,100 jobs and contributing an estimated £4.7bn in additional GVA. The Bank’s financial capacity has expanded to £25.6bn, with new regional investment funds announced for the East and South East, alongside further backing for angel networks and innovation-led businesses.

Businesses move into Derby’s new Cavendish Building

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The first companies have moved into the Cavendish Building, part of the newly launched Derby International Business School. The seven-storey facility is designed to strengthen ties between academia and industry by housing commercial tenants alongside university departments.

Flexible office spaces on the second and sixth floors cater to teams of various sizes, supporting collaboration and research partnerships. Early tenants include Marketing Derby, the Cathedral Quarter and St Peter’s Quarter Business Improvement Districts, design agency MacMartin, and thermal window specialist Blind Screen.

Businesses located in the building will have access to facilities such as a creativity lab, a supply chain lab, a trading floor, and an immersive reality suite. The development also features a café, library, and shared workspaces designed to foster innovation and cross-sector engagement.

The Cavendish Building is part of the University of Derby’s wider strategy to deepen its industrial connections and create an environment where companies, students, and researchers can collaborate on skills development and applied projects.

Marketing Derby managing director, John Forkin, said: “We are particularly pleased to be strengthening our relationship with the University through this move. “Over many years, we have worked closely together for the betterment of the city. The Cavendish Building itself is a perfect illustration of the University’s commitment to Derby, particularly the city centre. We look forward to continuing our mission to make Derby the city of choice for inward investors from our new home.” Claire MacDonald, co-founder and director of MacMartin, said: “The values of the University of Derby and, in particular, the Business School’s focus on sustainability research align perfectly to the ethos and beliefs of MacMartin. “As an alumnus of the University’s Help to Grow project, I have witnessed first-hand the value of working collaboratively and we are very keen to continue to expand our relationship with the University and wider business community.” Gemma Pindard, deputy manager for the Cathedral Quarter and St Peters Quarter BIDs, said: “The team and I are thrilled to have moved into The Cavendish Building. Our new base will enable the BIDs and our team of Rangers to remain close to the city centre and continue our valuable work supporting local businesses.” Paul Cheetham, co-founder and director of Blind Screen, said: “This exciting move to The Cavendish Building is another milestone for Blind Screen. We are thrilled to deepen our partnership with the University of Derby, driving innovation and contributing to the evolving culture of the Business School.”

Derby City Council’s cabinet to consider delegating highway powers for South Derby Growth Zone

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At Derby City Council’s next Cabinet Meeting members will be asked to approve the delegation of highway powers to Derbyshire County Council to deliver key infrastructure for the South Derby Growth Zone (SDGZ). The SDGZ is a development area in the south of Derby which also extends to South Derbyshire. The project includes a new junction on the A50 Derby Southern Bypass and a new link road which will ultimately unlock further development of Infinity Park Derby, Derby’s flagship regeneration project, and Infinity Garden Village, which includes the Wragley Way and Lowes Farm housing development sites which extend into South Derbyshire. The delegation of highway powers to Derbyshire County Council will enable them to construct the road as it crosses into the city boundary. The wider project will be delivered through a partnership of public and private bodies including Derby City Council, Derbyshire County Council and South Derbyshire District Council, Homes England, private landowners and developers. The project aims to deliver up to 4,500 new homes, up to 3.4 million square feet of new employment floor space, and an additional 5,000 new jobs to the area. Councillor Nadine Peatfield, Cabinet Member for City Centre, Regeneration, Strategy and Policy said: “The South Derby Growth Zone is a vital project which will deliver sustainable and economic growth for Derby and the wider region. Together, we’re developing a vibrant, diverse and inclusive city. “By delegating highway powers to Derbyshire County Council, the project can be delivered in a timely and cost-efficient way. We will continue to support the County Council and will work with our partners. This project will contribute to our ambition of making a better-connected sustainable city for the future.” The next Cabinet Meeting is on Wednesday 8 October.

Shh! PR champions female-led businesses with bold new mission to close the visibility gap

Despite the UK being home to almost 5.5 million businesses, just 19.1% of companies are run by women. Male-owned firms continue to dominate headlines, investment pipelines, and turnover figures, with male-led companies generating on average 58% more revenue than their female counterparts and attracting more than five times the level of equity investment. These figures reveal a stark visibility gap: female founders are leading businesses, but their stories aren’t being told. Boutique communications agency Shh! PR has announced a strategic realignment of its business model to tackle that disparity head-on. Now in its third year, the Lincolnshire-based agency will dedicate its expertise exclusively to amplifying female-led businesses, positioning female entrepreneurs at the forefront of national and industry-specific media coverage. “Our mission is simple,” said Amie-Leigh Minshull, founder of Shh! PR. “Brilliant female founders are running powerful businesses every day, but they are consistently under-represented in the media. We exist to change that; strategically, sustainably, and unapologetically.” The agency’s sharpened focus will see it deliver:
  • Tailored media strategies designed for female entrepreneurs facing systemic barriers.
  • Proactive positioning of clients as thought leaders across mainstream and trade outlets.
  • Long-term campaigns that secure not just mentions, but influence and recognition.
Visibility drives opportunity. Research shows that companies with women in leadership outperform on profitability, innovation, and culture, yet their voices remain disproportionately absent from the media. Shh! PR’s renewed strategy signals more than a business move: it is a direct challenge to the status quo. By making female-led businesses impossible to ignore, the agency is tackling one of the most persistent inequalities in UK enterprise. Female founders ready to be seen and heard can contact Shh! PR to access bespoke media strategies and support. More information is available at www.shhpr.co.uk.