Rolls-Royce’s transformation on track

Rolls-Royce’s transformation is on track after a strong start to the year, building on a record performance in 2023.

Chief Executive Tufan Erginbilgic stated: “Our work to transform Rolls-Royce into a high-performing, competitive, resilient and growing business is continuing with pace and intensity as we execute on the granular strategy we set out last November.

“We are driving growth, delivering contractual improvements and improved margins, unlocking efficiencies and creating value across the Group. We have had a strong start to the year, despite continued industry-wide supply chain challenges.

“This builds on our record performance in 2023 and provides further confidence in our guidance for 2024. The focused investments we are making will continue to drive growth and create value for all our stakeholders in the mid-term and beyond.”

In a new trading update the business said it was continuing “to demonstrate a strong track record of delivery,” adding: “Our operating profit and cash growth reflects an underlying performance improvement driven by the impact of our strategic initiatives, notably commercial optimisation including contractual improvements, cost efficiency actions, and the effective management of ongoing supply chain challenges.” Rolls-Royce’s full year 2024 guidance is unchanged, with a broadly balanced weighting for both profit and cash flow across the year. The business also noted it has reduced its gross debt position by repaying a EUR 550 million bond from underlying cash and cancelled its last remaining UKEF-supported undrawn loan facility, both enabled by a more resilient and growing cash delivery.

In positive news for its Civil Aerospace division, long-term service agreement large engine flying hours (EFH) have returned to 100% of 2019 levels in the four months to 30 April, driven by the continued recovery of international traffic in Asia and Rolls-Royce’s growing fleet.

Furthermore, the momentum of new widebody business wins has continued with VietJet and Starlux orders announced during the Singapore Air show. In addition, IndiGo, one of the fastest growing airlines in the world, recently agreed to order 60 Trent XWB engines.

In Defence, the long-term growth of the business has been underpinned by several recent contract awards, while in Power Systems, a strong position in the data centre market is providing growth opportunities as Rolls-Royce sees higher demand from artificial intelligence and cloud services providers. Demand for governmental applications also remains high as states increase their investments in defence capabilities.

Following Rolls-Royce’s announcement of proposed organisational changes in October 2023, the business said is it now “on track to deliver the annualised sustainable benefit of around £200 million by the end of 2025. Consultation is advanced and continued progress is expected during the remainder of the year as we implement a simpler and more strategically focused agile organisation.”

Historic 19th century Derbyshire hospital building sold to residential developer

An historic 19th century Derbyshire hospital building has been sold to a residential developer. Newholme Hospital, in Bakewell, which originated as a workhouse in 1841 and is now being decommissioned by the NHS, has been sold by property consultancy Fisher German to an undisclosed residential developer. Fisher German acted on behalf of NHS Property Services Ltd to market Newholme Hospital after it became surplus to requirements following the announcement of a new £11 million NHS integrated health hub which is being constructed on land adjoining the site and is expected to open later this year. Despite turbulent market conditions as a result of rising interest rates and the complexity of the site, including five Grade II listed buildings, Fisher German has now completed the sale. The hospital is expected to close when all current health services transfer into the new integrated health hub. Newholme Hospital was marketed as a development opportunity, with potential to transform the site, including its Grade II listed buildings, into residential accommodation. The developer will be revealing its proposed plans for the site in the coming months. Rupert Collis, of Fisher German, said: “We are extremely pleased to complete the sale of Newholme Hospital on behalf of NHS Property Services Ltd. “We worked closely with NHS Property Services throughout the process, as well as with its planning consultants Planning and Design Group, who produced an in-depth development brief which provides guidance to support the redevelopment of Newholme Hospital and was in-turn endorsed by the Peak District National Park Authority. “This was a particularly challenging site due to the restrictions around the development of Grade II-listed buildings, but we were able to secure a purchaser with a strong reputation in the industry. “The deal also highlights the returning buyer confidence in the commercial development market now that interest rates have stabilised. “The developer has not yet revealed its plans for the site, but we are confident that any proposed scheme will be highly positive for Bakewell. “It would also sit alongside what will be a modern new NHS facility for those living in Bakewell and the surrounding area.”

£8m Early Stage Angel Investment Fund launched for Derbyshire and Nottinghamshire businesses

D2N2 LEP Chair Elizabeth Fagan announced the launch of D2N2 LEP’s Early Stage Angel Investment Fund at the UK’s Real Estate Investment and Infrastructure Forum (UKREiiF) in Leeds yesterday. Speaking at the interactive panel session ‘Focus on the East Midlands, our Time is Now’, alongside East Midlands Mayor Claire Ward, Elizabeth said: “I’m delighted to announce today that we are launching our Early Stage Angel Investment Fund here in Leeds at UKREiiF. “The purpose of the Fund is to stimulate investment and growth in ‘early stage’ companies – those that have been trading between six and 24 months – that are based in Derby, Derbyshire, Nottingham or Nottinghamshire (the D2N2 region). “D2N2 LEP is contributing £4 million to the Fund and this will be match-funded by our investment fund manager, Haatch. Our aim is that over the longer term, these funds will be re-invested in the programme, to catalyse investment and growth for further early stage companies.”

Swift deal sees redevelopment of Burton property

Rushton Hickman has successfully appraised, marketed and sold 114-116 High Street, Burton upon Trent on behalf of client Great Central Properties Ltd, within a timeframe of just two months. Regional Contractors Ltd has acquired the freehold of 114-116 High Street, Burton upon Trent, with plans to redevelop the first floor into residential apartments and modernise the ground floor for retail purposes. Taylor Millington, the surveyor responsible for the transaction, said: “It is always positive news when a transaction progresses swiftly, resulting in a mutually beneficial outcome for all parties involved. “Given the significant amount of interest the property got within the first week, we were able to quickly negotiate a strong deal for our client along with an agreed quick turnaround.” Taylor continued: “The property requires extensive redevelopment to transform it into a mixed-use investment, but this is something that Regional Contractors Ltd were happy to take on. “The modernisation of the retail shops will bring continued growth and addition to the busy high street and the repurposing of the upper floor into residential accommodation will help bring much needed homes to the market.” Great Central Properties Ltd said: “I cannot express my sincere appreciation for the outstanding work the team at Rushton Hickman have done in marketing and facilitating the sale of our commercial property. “The dedication, professionalism and strategic approach to marketing the property have been instrumental in attracting potential buyers. The comprehensive marketing campaign, including the well-designed promotional materials and online presence, showcased the property in the best light possible. “The team’s prompt communication, attention to detail and proactive approach exceeded my expectations and I want to express my gratitude for all the hard work, commitment and the positive attitude that was brought to every aspect of this sale. “I look forward to the opportunity of working together in the future, on my next purchase.”

East Midlands company introduces new leadership team to help promote fire safety

As part of a continuous drive for innovation and excellence in fire safety, Firechief® Global is excited to announce the formation of a new Senior Leadership Team. This strategic move will improve organisational structure and enhance leadership capabilities, supporting Firechief® Global’s mission of making the world a safer place.

The vision at Firechief® Global has always been clear – to create a world where everyone can live and work free from the fear of fire. To help bring this vision into reality, the Senior Leadership Team will be focused on strategic growth, product innovation, and delivering the superior service levels that customers value so highly.

Headed up by the Managing Director, the Senior Leadership Team is a compact team of 4 individuals, each bringing a wealth of experience and a unique perspective to the table. The team consists of:

Laurie Pollard – Managing Director

With more than 2 decades of experience in the fire safety industry, Laurie is keenly aware of the devastation and damage that fire can cause and is passionately driven to make the world a safer place through market-leading fire safety solutions. Laurie leads from the front in building on the past 20 years to develop strategic growth plans, creating a high-performance team focused on delivering results.

Ian Poole – Sales and Marketing Director

With experience across multiple sectors, including the care sector, Ian is highly motivated to help care for and protect others. He leads Firechief® Global’s sales and marketing teams, championing education and awareness of fire safety in both commercial and domestic environments.

Sean Hutchinson – Operations Director

With a robust background spanning 30 years in procurement, Sean brings a wealth of experience to the operational management of Firechief®. A CIPS member since 2006, Sean is driving improvements across the full operations team, including supply chain, fulfilment, compliance, and new product development. Sean enjoys developing strategic partnerships with partners across the operations function. 

Chetan Thakar – Finance Director

With more than a decade of experience leading the Finance team at Firechief® Global, Chetan has developed a robust and sustainable financial structure at Firechief® Global. Carrying a degree in Accountancy & Finance, Chetan plays an instrumental role in steering strategic financial planning and ensuring the financial health of the company.

Freeports sign green freight corridor initiative

Freeport East and East Midlands Freeport have formed a new partnership to support a green freight corridor that will help decarbonise transport and drive enhanced skills and employment initiatives along the length of one of the UK’s most important transportation routes. The Memorandum of Understanding (MOU) was signed by Freeport East CEO, Steve Beel, and Tom Newman-Taylor, CEO of East Midlands Freeport, on Wednesday 22 May at UKREiif. The MOU underlines both parties’ commitment to working with a range of public and private sector partners, particularly in the logistics sector, to deliver a greener transportation corridor. Building on the opportunities created by the Government’s recently published Freeports Delivery Roadmap, the initiative will emphasise the need for greater investment to support the decarbonisation of transport flows between the two freeport locations. By working together, the freeports will accelerate the technologies, business models, innovation and infrastructure needed to drive decarbonisation by utilising green hydrogen, electric charging systems and novel technology applications, such as digital twins. Green Corridors are already an established part of the maritime decarbonisation sector. Delivering a green corridor initiative between the UK’s largest container port and the heart of the Midlands logistics Golden Triangle, offers the opportunity to combine maritime and land transport decarbonisation initiatives to reduce the carbon footprint of goods entering and leaving the UK.
Every day, over 5,000 trucks and daily freight trains leave the ports in the Freeport East area, of which the majority head towards the Midlands and onwards to others part of the UK. The largest of these ports, Felixstowe, is the main gateway to the UK from the Far East and a range of global destinations. East Midlands Freeport, which is centred on the Golden Triangle for logistics, road, rail and the UK’s largest dedicated air cargo operation at East Midlands Airport provides significant opportunities to drive clean fuel applications that will influence the whole of the UK.
Projects already underway that will support the corridor include development of green logistics infrastructure in Felixstowe, Stowmarket and East Midlands Gateway. Freeport East is also developing a Green Hydrogen Hub that will support clean fuels for transport decarbonisation while East Midlands Freeport is supporting the transition of the UK’s last coal fired power station at Ratcliffe on Soar to a clean energy production hub. The Government has set an ambitious target of growing rail freight by at least 75% by 2050 alongside delivering a net zero rail network. It is investing in zero emission HGV demonstrators ahead of a planned phase out of non-zero emissions HGV sales by 2040. Benefits of a green corridor would not only support the UK’s aspirations on net zero, but also help minimise the impact of freight transport in places like Cambridge, Ipswich and Leicester. The parties have also identified the opportunity to strengthen collaboration on skills developments – East Midlands Freeport is progressing plans for a Future Energy Skills Hub and £17m has been invested in a Zero Carbon Innovation Centre, while Freeport East is looking to develop new innovation and skills centres in Stowmarket and Harwich. The Green Corridor initiative will drive a new focus on the demands for transport and energy planning, green logistics and operation of new vehicle fleet and fuels, all of which will require new skills for the future. Tom Newman-Taylor, Chief Executive of East Midlands Freeport, said: “This exciting initiative illustrates how Freeports can be forerunners in the decarbonisation of transport and industry. We’re looking forward to working with Freeport East and our partners to deliver greener freight along this important corridor. With large-scale clean energy investments we can drive demand and opportunities for greener logistics, using our central location to deliver widespread change.” Steve Beel, Chief Executive of Freeport East, said: “Our Green Corridor initiative reflects the commitment of our freeports and industry partners to deliver more sustainable and decarbonised transportation. For goods travelling into and out of the UK, to destinations ranging from Europe, to the Far East and the rest of the world, this will facilitate greener logistics through the Ports of Felixstowe, Ipswich and Harwich to the heart of the UK economy and beyond.”

Regeneration of Leicester’s market place under review

Plans for the regeneration of Leicester’s market place could be under review, now that the demolition of the old market infrastructure has revealed the potential of the historic space. The removal of the old roof and the heavy wooden stalls has opened up views of the attractive heritage buildings that surround the market area and highlighted the dramatic scale of the space, prompting City Mayor Peter Soulsby to question whether reintroducing new permanent infrastructure onto the site would be the right thing to do. Council officers have now been tasked with drawing up alternative proposals, which would see Leicester’s market traders moving to a purpose-built location next to the Food Hall – and would allow the former market site to revert to its original purpose as an important meeting place in the heart of the city centre. Archive photographs from the early 20th century show the market area as a vast open space where people would gather for political rallies or national celebrations. Market stalls would be packed away when not in use, leaving the space free for festivals and other special events – a flexibility that the City Mayor is keen to see restored. “I’m sure I’m not the only one who watched the old market roof come down and was blown away by what was revealed,” he said. “As the demolition team cleared the site, I was struck by the scale of the space and the quality of the surrounding architecture. “It made me ask myself if we were missing an opportunity to do something really special. “If we install new permanent infrastructure on the site – with stalls that would be used for just eight hours a day, six days a week – we won’t be able to use this extraordinary space for anything else. And once those new stalls are in place, they’ll probably be there for the next 30 years. “We therefore have a once-in-a-generation opportunity to do something quite bold – and that’s to reconsider our plans and create the impressive, flexible space for large-scale public events that we currently don’t have in Leicester city centre.” Under the new proposals, the city council would demolish the unattractive 1970s buildings at 12-20 Market Place to create a wide cut-through to Cank Street. The space created would accommodate a mix of market stalls and container units in a modern trading environment, protected from the elements by a roof. City Mayor Peter Soulsby said: “I met with representatives of the market traders this morning (Wednesday) to explain my shift in thinking and to talk through the ideas. “While I fully appreciate their concerns about work being paused on site, I hope I was able to convey that I believe we have an opportunity to make a good scheme even better. “The proposed location for Leicester Market is a brand new cut-through that would link Market Place with Cank Street and the shops and bars of St Martin’s Square. Footfall would therefore be high – and the market’s proximity to the popular Food Hall would create a strong food-themed destination. “With Marks & Spencer announcing the closure of its Gallowtree Gate store, and with city centres everywhere becoming less reliant on traditional retail, it’s clear that Leicester city centre must keep evolving to ensure that it continues to be somewhere that people want to visit – and want to invest in. “This new proposal would provide our market traders with the clean, contemporary and attractive market area they need – and provide the city with a striking open space that could become home to the Christmas ice rink, the summer beach, live performances, outdoor cinema, food and drink festivals, national celebrations, and even open-top bus parades for our brilliant sports clubs. “Of course there’d be work to do to upgrade and refurbish the beautiful old buildings that surround the space, and to attract the cafés and bars that would help to animate it, but our intention would be to seek funding to support the conservation work and to work with development partners to bring new life to the area. “I’m now convinced that the right thing to do is to pause work on the current scheme to give people a chance to have their say, and I look forward to hearing those views.” Any comments on the new ideas for Leicester Market can be emailed to TheMayor@leicester.gov.uk by Friday 14 June.

General Election called July 4th

Rishi Sunak has announced a snap election to take place on July 4th. While rumours had been abound of an election being called sooner rather than later, Rishi Sunak insisted that an election would not take place until the second half of the year – which July 4th falls into by a very small margin. Following the announcement in the pouring rain, business leaders are already reacting with East Midlands Chamber Chief Executive Scott Knowles saying: “Confirmation that the General Election will be held on 4th July is something we welcome as a politically uncertain environment can hinder planning and decision-making for businesses. Regardless of who is in power, we’re clear in the East Midlands of the policy reform that we need to see to enable business growth. “For too long our region has been overlooked when it comes to investment, despite the fantastic businesses we have here and our status as a Centre of Trading Excellence – making, moving and innovating the goods and services that make our country tick. Earlier this year we went to Westminster to present our asks directly to the government in our Manifesto for Growth 2024. “The Manifesto is the direct result of what businesses have been telling us they need from the next UK Government and provides a clear blueprint for the things that would support our growth and success. The document details specific policy asks across four key areas – People and Skills, Infrastructure and Connectivity, Planning, Taxation and Regulation. “We look forward to continuing our conversations with all of those standing to represent communities in the East Midlands over the coming weeks and ensuring they understand the ways that, if successful, they can support our local businesses to deliver the growth and success that the whole country wants to see.”

Tutum Consulting backs the East Midlands Bricks Awards 2024: a “fantastic” way to connect, celebrate and promote achievements

Tutum Consulting have joined the sponsor line up for the East Midlands Bricks Awards 2024, backing the Deal of the Year category. An independent Transport and Highways Consultancy, Tutum Consulting are committed to providing an end-to-end service, supporting clients with all aspects of transport planning. However big or small the project, they can support you from the early stages of planning, right through the planning process and completion. The services Tutum Consulting can support you with include: Road Safety Audits/Collision Investigation and Risk Assessment, Transport and Travel Planning, Highway Design and Technical Support, Construction Traffic/Environmental Management plans, and Feasibility studies for land developers. By using their personalised approach and unrivalled industry experience, Tutum Consulting deliver safe and efficient solutions for those looking to realise development opportunities. Sharing why Tutum Consulting decided to sponsor Deal of the Year at the East Midlands Bricks Awards 2024, director, Simon Prescott, said: “Sponsoring the ‘Deal of the Year’ award aligns with Tutum Consulting’s mission to recognise and celebrate exceptional achievements within the industry. “As an independent, emerging company established during the COVID-19 pandemic, Tutum understands the unique challenges and opportunities that come with navigating a tumultuous economic landscape. By sponsoring this award, Tutum aims to recognise those who have demonstrated remarkable resilience and innovation in these trying times. “The Deal of the Year category showcases the hard work and impact that can be achieved by colleagues. As a small, independent company, we know the great pride and effort required in achieving these outcomes “We know firsthand the tremendous effort involved in bringing complex deals to fruition, and we want to acknowledge the teams and individuals who have made significant contributions to their project. By sponsoring this award, we aim to celebrate those who share our dedication to pushing boundaries and driving progress in the construction industry.” Simon added: “We are looking forward to seeing this year’s entries and learning about the innovative ways in which businesses have worked. The awards show is a fantastic way for colleagues in the industry to not just connect, but celebrate and promote their own services and achievements. “For Tutum Consulting, this event is an invaluable opportunity to network with landowners, property developers, planners, and architects. We are keen to learn about other services in the East Midlands, identifying opportunities where our expertise can complement and enhance collaborative projects.” The East Midlands Bricks Awards, which will take place on Thursday 3rd October, at the Trent Bridge Cricket Ground, recognise development projects and people in commercial and public building across the region – from office, industrial and residential, through to community projects such as leisure schemes, schools and public spaces. We also highlight the work of architects, agencies and those behind large schemes. Winning one of these awards will add considerably to a company’s or individual’s brand and enhance their commercial reach significantly. To nominate your (or another) business/development for one of our awards, please click on a category link below or visit this page.
Award categories include:

Nominations end Thursday 5th September

Offering advice to entrants of their sponsored category, Deal of the Year, Simon 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.”
A highlight in the business calendar, winners will be 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 leaders from across the region. Tickets can be booked for the 2024 awards event here. 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. Thanks to our sponsors:      

             

To be held at:

Marketing Derby urges planning committee to back food and beverage plans

Marketing Derby has urged Derby City Council planning committee members to back an investment which will create a food and beverage offer in one of the city’s regeneration  areas.
Burton Abbey Developments is looking to create an outdoor artisan food and beverage market – similar to those seen in London and Manchester – on an empty plot of land in St Peter’s Churchyard. The proposals have been refused twice and council officers are proposing a third refusal to the committee which meets this evening. However, the application has received strong backing from the city’s business community – including Marketing Derby and the Derby Economic Development Advisory Committee  – which has submitted letters of support. John Forkin, managing director of Marketing Derby, said: “We back this application, it’s exactly what the area needs. The report describes the site as ‘open, undeveloped space, vegetation and amenity which contributes to the verdant value of the street scene’. “In truth, it is derelict and in desperate need of some TLC which this proposal brings. The Heritage Impact Assessment actually states the scheme would ‘enhance the conservation area’ due to the investment it brings. “The proposal fits perfectly with Derby City Council’s ambition to create a vibrant city centre by regenerating such sites and this amenity will help attract more visitors. “We urge committee members to welcome this as an opportunity that will help lift the area, support its heritage as well as complementing the council’s own substantial investment into the nearby Performance Venue. It’s exactly the sort of thing the Derby is crying out for and the applicant has shown considerable patience and willingness in seeking planning for over three years.” Known as The Yard Derby, the revised scheme involves creating 10 retail units arranged in an ‘L-shaped’ configuration along the southern and western edges of the site, situated away from the Grade II*-listed St. Peter’s Church and the Grade II*-listed Old Grammar School. The plans incorporate a seating area with a capacity for up to 100 people. One key aspect of the proposal and location involves the developer’s plan to create a sympathetic entrance through the historic 19th-century wall bordering the site. Marketing Derby’s letter of support states: “This particular piece of land sits on a significant pedestrian thoroughfare for visitors to the new 3,500 capacity performance venue on the regenerated Becketwell site from areas such as Derbion, the bus station and the Market Hall. “The owner seeks to enhance and make reparations to the boundary wall and therefore improve the overall aesthetic from its current dilapidated condition.” The scheme’s backers include respected heritage architects Lathams as well as historian Maxwell Craven, both of whom have carried out detailed analysis of the site.  

GF Tomlinson 100km hike challenge for charity

G F Tomlinson colleagues are donning their hiking boots to complete the Lake District ‘Ultra Challenge’ in June, raising money for the Aortic Dissection Charitable Trust. Already underway with training, site managers Ed Smith and Phil Laverick will be walking 100km in 24 hours as part of the challenge, crossing the complex terrain of the Lake District on the 8th and 9th of June. The Midlands contractor announced the Aortic Dissection Charitable Trust as its chosen charity of the year back in January and alongside the Ultra Challenge, G F Tomlinson will be hosting a variety of events over the next 12 months to raise further funds for the trust’s research. Aortic Dissection is a serious heart condition caused by a partial tear in the wall of the aorta, which prevents blood supply and can lead to the rupturing of organs. Seventy people are diagnosed with the condition each week in the UK and Ireland with only an average survival rate of 50%. The trust aims to help raise awareness and funding for research into early detection, supporting prevention, treatment, and cures for the condition, which if diagnosed and treated in time, can have an 80% survival rate. Senior site manager, Phil Laverick, said: “While this Ultra Challenge is going to be a mammoth undertaking, it is a fantastic opportunity to raise awareness for the Aortic Dissection Charitable Trust. “Ed and I are currently training hard for this event and adding up the blisters by the week. We look forward to the 8th June and thank you for your support.” Patron of the Aortic Dissection Charitable Trust, Pauline Latham, said: “I would like to thank G F Tomlinson for their fundraising efforts on behalf of the Aortic Dissection Charitable Trust. This fundraising will help the trust to develop further research to improve diagnosis and save lives, as well as to raise awareness of this little-known condition. G F Tomlinson’s have already done so much for this cause, and once again, I am very grateful for their support.” Chairman of G F Tomlinson, Andy Sewards, said: “We are delighted to be supporting the Aortic Dissection Charitable Trust as our chosen charity for 2024. When Patron, Pauline Latham contacted back in January, we were only too happy to get involved and help create a greater awareness of this serious medical condition, to improve prevention, diagnosis, treatment and ultimately, survival rates for over 3,500 sufferers every year. As well as the sterling efforts of Ed and Phil, the Company have an extensive programme of fundraising events organized throughout the year including; a charity quiz night, raffle, and staff sporting events.” You can support Ed and Phil’s efforts to raise money for the Aortic Dissection Charitable Trust here.

Acquisition brings Nottingham recruitment firms together

Simon Nicholas Associates (SNA), the Nottingham-based construction sector recruitment business, has been acquired by Approach Personnel for an undisclosed figure. Founded in 2009, SNA specialises in supplying construction professionals, skilled trades, and labour to clients across the UK. Founder Simon Pearce commented on the acquisition: “I am excited about the future and the opportunities this acquisition brings. We are buying into the vision that Approach Personnel’s Directors have for their business, and I am eager to become a part of it. “The professionalism and ease with which this acquisition was handled have been remarkable, and I am confident that this partnership will drive further success for myself at Approach Personnel.” Approach Personnel, headquartered at Chase Park, Nottingham, places temporary and permanent staff nationwide across various sectors, including construction, civil engineering, shopfitting, interiors, industrial, and food production. This acquisition follows their 2019 acquisition of local recruitment agency Elizabeth Michael Associates, specialists in commercial and office-based roles. The latest acquisition is part of an ambitious growth strategy being implemented by the leadership team. Adam Charlesworth, Group Director at Approach, said: “We have known Simon Pearce for over twenty years and are delighted to have the opportunity to work with him to expand upon what he has built over the past 15 years.” Alan Spalding, Group Managing Director at Approach, added: “We have structured plans to triple revenues at our recruitment group, and acquisitions form a critical part of our strategy to achieve these targets. “We are currently working on another acquisition and are actively seeking similar companies that may be suitable for Approach Personnel or Elizabeth Michael Associates.” Solicitors Shakespeare Martineau advised Approach Personnel on the transaction. SNA was advised by Chattertons, who guided them through the acquisition process. Roger Harcourt, head of office at Shakespeare Martineau, said: “Approach Personnel has been a client for many years and we have been privileged to witness their rapid growth. Their professionalism and strategic vision make them a standout client in the recruitment sector.”

Work starts to restore heritage building in Mansfield

Work to restore an architectural gem in Mansfield’s crown is set to begin as part of a scheme backed by The National Lottery Heritage Fund and overseen by Mansfield District Council.

Mansfield Townscape Heritage Project, which is managed by the council’s Regeneration team, aims to help property owners in the town centre to renovate rundown buildings in a way that is sympathetic with their historic and architectural attributes by offering grants towards the work. The Brunts Charity is set to begin a £530,000 six-month programme of renovation thanks to the Townscape Heritage project at The Brunts Chambers buildings in Leeming Street and Toothill Lane, comprising seven retail units and offices. The work will restore the building and individual units to their original character, involving the renovation or replacement of existing shopfronts, alongside external refurbishment of the front façade of the building. The scheme was awarded a Heritage Fund grant of £306,624 towards the works, with The Brunts Charity funding the remaining costs. The renovation will be done using materials and repair methods in keeping with the Grade II listed building, which was erected by the trustees of charity on the site of the home of Rowland Dand, the grandfather of Samuel Brunts, who set up the charity in 1711 and whose statue can be seen on front of the building. Paul Williams, Chief Executive of the charity, which provides over 150 Almshouse properties in Mansfield, said: “The Brunts Charity is so pleased to receive this grant from The National Lottery Heritage Fund, through Mansfield District Council. As custodians of this wonderful charity, trustees and staff cannot wait to see this historical building restored back to its former glory. “The building is in a key location in Mansfield and we hope the works will have a positive effect on this part of Mansfield town centre, whilst securing the longevity of the building for years to come.” Dawn Undy, Chair of the charity, added: “Our founder, Samuel Brunts, left his estate to people in need within Mansfield and district 313 years ago and today, guardians of the charity – our trustees and staff – are testament to his vision to ensure his legacy continues to serve and support our community.” Cllr Stuart Richardson, Portfolio Holder for Regeneration and Growth, said: “We are delighted to see work starting soon on this major restoration of The Brunts Charity building. “Mansfield town centre has many architectural gems but over the years they may have lost a bit of their gleam. The townscape project aims to make them shine again and we would urge owners to take advantage of this short window of opportunity to invest in restoring these buildings with the help of some very generous grants on offer.” Grants of up to 70% of eligible conservation works are available to certain properties on Leeming Street, the Market Place and part of Stockwell Gate. The project was due to have ended this year but because the pandemic interrupted the scheme, it has been extended to December 2025.

University joins £3m campaign to drive midlands economic growth

The University of Lincoln, UK, has joined a groundbreaking coalition of 17 universities, in support of a £3m international campaign which has been launched this week to drive economic growth in the Midlands. Each year, the University contributes more than £400 million to the local economy and has forged sustainable, long-term relationships with a diverse range of organisations. These global connections will be leveraged to attract inward investment into R&D, innovation and science. This important work supports the University’s ambitions laid out in its Strategic Plan 2022-27 – of being a university which contributes significantly to the success of the region and beyond. The campaign is led by Midlands Innovation and the Midlands Engine Partnership and hosted at Loughborough University, the Invest in UK University R&D – Midlands Campaign has been developed with a range of regional partners including the West Midlands Growth Company, Midlands Enterprise Universities and the East Midlands Freeport. It was launched at the UK Real Estate, Infrastructure and Investment Forum (UKREIIF), attended by nearly 13,000 investors, delegates and developers. The university consortium will showcase five sectors in which the Midlands is world-renowned for the strength of its research and innovation. International alumni, industry and university connections in six markets (Australia, Germany, Japan, Singapore, South Korea and the USA) will be drawn upon to engage investors and raise the profile of the Midlands. Vice Chancellor of the University of Lincoln, Professor Neal Juster, said: “The University of Lincoln is proud to be a member of this consortium whose aims align with, and further support, its commitment to driving economic growth and prosperity in the region and contributing significantly to the nation’s success through regional regeneration and international connectivity. “This campaign will help to redefine how academia works in partnership with industry, and we look forward to showcasing what the University of Lincoln has to offer. From its R&D equipment and facilities spanning a range of key disciplines such as agri-food, engineering, and life science technologies, we have a wealth of opportunities for collaboration with. “An example of this is the University’s sector-leading Lincoln Institute for Agri-food Technology, which was recently awarded the prestigious Queen’s Anniversary Prize for its work supporting the success and sustainability of the UK’s food and farming industries through innovations in research, education and technology.” Minister of State for Science, Research and Innovation, Andrew Griffith MP, announced an award of £1.5 million from the UK’s International Science Partnerships Fund (ISPF) to support the campaign over the next two years, which has been matched by universities and regional partners. The Minister said: “The UK is home to world class research hubs and by bringing together the expertise and connections of universities, government and industry, we can bolster our efforts to win international investment into some of the Midlands’ strongest sectors.

Boost for construction of Long Eaton business hub

Long Eaton Town Deal’s Stable Block refurbishment project is set to recommence construction activities later this month. The building is being renovated to become a centre for commerce and innovation. Work originally got under way last year but had to be put on hold when Nottingham construction giant J Tomlinson Ltd – which won the contract – rocked the building sector by going bust. Erewash Borough Council was among a string of local authorities and government bodies that were left having to find new contractors to complete projects. It meant painstaking fresh negotiations – but the town hall’s search is now over. Derbyshire-based Trident Construction Services Ltd has been engaged to complete the work. The Stable Block project is being funded by government levelling-up cash as part of a £24.8million “Town Deal” that the council helped win for Long Eaton. Offices, meeting spaces and studios will be available when the building next to Long Eaton Town Hall is transformed. The new business hub aims to create more than 30 jobs. Erewash Borough Council leader James Dawson said: “This showcase project is among several that will help transform Long Eaton thanks to the council securing huge government investment to revitalise the town. The collapse of the original builder was a blow but we are pleased to be back on course.” The old stables form part of what is known as the “curtilage” of the Grade II* listed town hall – which was built in 1778 by Joseph Pickford of Derby. Back then the town hall was a house for “gentleman farmer” Henry Howitt. Richard Ledger, chair of the Long Eaton Town Deal Board, said: “We have been pulling out all the stops to minimise delays to the refurbishment of the old stables, which will enhance Long Eaton as a place to do business. The project will create the kind of modern hub that we know there is a demand for.”

Funding pledge helps SV2 support more young survivors

SV2, the Derbyshire charity that supports anyone who has experienced sexual abuse, is recruiting another children’s therapist to help more young survivors move forward with their lives. The expansion is thanks to a funding pledge from Alstom. SV2 is one of the 11 recipients of the Alstom UK and Ireland Community Project Fund – with charities and organisations sharing nearly £160,000. Alstom’s CPF aims to fund projects that deliver social and environmental value for the local communities in which the company operates and Alstom also encourages staff to use their annual volunteering day to support beneficiaries in their local areas. Staff are encouraged to nominate good causes as part of the annual funding cycle and then work with a charity or community group to complete an application for up to £30,000. A senior panel then reviews applications against a robust criteria and, if successful, the project sponsor continues to support the individual scheme through delivery. SV2’s funding will support its Children’s RASSO (Rape and Serious Sexual Offences) Therapy project which is available to children and young people across Derbyshire. The charity, which has bases in Ripley, Derby and Buxton, provides a wide range of services to support victims and survivors of sexual abuse regardless of their age, gender, when the offence took place or whether they have reported the crime to police or not. SV2 supported 1,536 children, young people and adults between March 2023 and March 2024 through a range of services including through the helpline, ISVA support through the criminal justice system, counselling and therapy. The charity also supports the wider families and works to prevent and raise awareness of rape and sexual abuse and their effects through training and education programmes across the county. Thanks to Alstom funding, the charity is recruiting another children’s therapist with further education work planned to raise awareness of the issue amongst young people and the wider community. CEO Rachel Morris explained that child sexual abuse had significant and far-reaching impacts on both the survivors and local communities. She said: “We are extremely grateful to be receiving support from Alstom which will make a real difference to the lives of children and their families across Derbyshire whose lives have been devastated by sexual violence. “Demand for our children’s therapy services is sadly high and we have a waiting list which includes children as young as three-years-old. “This financial support will enable us to put in the resources so badly needed to reduce the waiting list. It gives us the means to provide more children the specialist support they need to recover from their trauma and to ensure that the dreadful sexual assault or rape which they have suffered does not define their future.” Colin Haynes, Environment, Health and Safety Director at Alstom UK and Ireland, said: “It’s fantastic to be able to award another round of funding for charities and community-led projects across the UK and Ireland. “It was a humbling experience sifting through the applications because it was clear to me that many of these projects were looking for relatively modest grants, which in turn made a significant difference to lives and life chances.” He added: “Alongside employment opportunities and mobility solutions, it is vital that we reflect the communities we serve and the Community Project Fund is just one way in which we can do this. “By supporting initiatives that address social and environmental needs, we not only contribute to the well-being of these communities but also strengthen Alstom’s own commitment to sustainability and social responsibility. “It’s a privilege to witness the positive changes these projects bring about and to be part of a company that prioritises making a meaningful impact beyond business operations.”

Staffline confident as positive momentum continues

Staffline, the Nottingham-based recruitment and training group, is “confident” that it is on track to deliver results in line with expectations, it has shared in a trading update ahead of its Annual General Meeting (AGM). It comes as “positive momentum” reported across the final quarter of 2023, has continued into the first four months of 2024. In particular, Staffline noted that it is encouraged with the performance of its recruitment businesses, which supported strong trading cashflow performance, that is ahead of management expectations. Recruitment GB has seen a year-on-year uplift in temporary worker hours, up 8.6% for the first 19 weeks of 2024 compared to the prior year, as a result of new sites awarded with Tesco, Sainsbury’s, GXO Logistics and Wincanton. Recruitment Ireland has reported permanent fees up 25% in the first quarter and PeoplePlus remains cautiously optimistic in its bid pipeline. Reflecting on the progress, Staffline said: “The Board remains confident that the Group is on track to deliver results in line with management expectations for the full year.”

Revenue dips at Van Elle

Revenue has dipped at Van Elle, the Nottinghamshire-based ground engineering contractor, according to a trading update for the 12 months ended 30 April 2024, as it lines up a range of further cost saving measures, including headcount reductions and efficiency projects.

Group revenue for the year is expected to be £140m, approximately 6% below the previous year including five months contribution from the acquisition of Rock & Alluvium Limited.

Van Elle noted that this “is in line with expectations and reflects the impact of prevailing market conditions, with the housing and infrastructure sectors being impacted by lower levels of demand and delays.” Meanwhile, the business expects to report profit before tax in line with market expectations, as a result of continued focus on operational performance, whilst controlling its cost base. Looking ahead Van Elle said: “Both the housing and infrastructure sectors are widely expected to recover in the near term, and whilst timing remains uncertain, the Group will benefit from increased volumes. Van Elle is also developing a strong position in the water and energy sectors, which are both expected to contribute materially to activity levels from FY26 and beyond. 

“The Group has been awarded new frameworks in Q4 FY24 including in Network Rail’s CP7 civils and geotechnical programme, with the Coal Authority for national ground investigation services and for key customers in the energy sector.

“The Group will commence its first major energy transmission scheme in FY25 with further tender opportunities expected this year and is designing modular foundation solutions for several customers ahead of AMP8 in the water sector.

“The Board remains conservative on the timing of a full recovery in the housing sector, but the Group is seeing early signs of progress with order intake and rig utilisation increasing over the last three months.

“The Group has identified a range of further cost saving measures, consisting of headcount reductions and efficiency projects, with targeted annualised savings in excess of £1m.”

East Midlands among top regions for female trade workers – yet only making up 2.35% of workforce

A new study reveals that despite East Midlands having the third-highest number of female trade workers, women only make up 2.35% of the industry workforce. This new research follows the recent revelation that the industry is one of the least diverse. This shortfall could potentially cost the UK economy around £98 billion in economic growth by 2030¹. Currently, there are 1,051,508 skilled workers in England and Wales. Of this, 1,026,734 are male, with just 24,774 females making up the remaining workforce. This stark gender disparity in the trade sector is a pressing issue that needs immediate attention. So, just how diverse is East Midlands skilled trades workforce? By analysing the data, money.co.uk business insurance experts can reveal the demographic differences across the skilled trades sector in the top three UK regions, including East Midlands. The top three female-to-male diversity in the skills trade workforce:
  Female Male
Region Total % Total %
London 4,986 3.42% 140,655 96.58%
South West 2,818 2.36% 116,507 97.64%
East Midlands 1,990 2.35% 82,831 97.65%
Kyle Eaton, money.co.uk business insurance expert, offers tips on how trade businesses can attract diverse talent: “Workplaces focusing on diversity have a range of experiences, opinions and beliefs that can benefit your business, improve morale and solve problems creatively. With this in mind, here are some pointers to attract diverse talent to your skilled trades business:
  1. Review your recruitment strategy
“The first step in attracting and hiring a diverse workforce and fostering inclusivity is evaluating how you appeal to applicants. Start by looking through job descriptions and identifying any language that could put off diverse applicants, including gendered language like ‘tradesman’.
  1. Focus on the positives
“Make sure to highlight the benefits of a career as a skilled tradesperson. As the skills gap keeps widening, working in a trade is in high demand, offering diverse recruits job satisfaction and a steady wage.
  1. Promote a supportive company culture
“When attracting diverse talent in skilled trades, workers want to feel respected, valued and safe. So, make sure to reinforce a supportive company culture. This can mean different things to different people. You could start with acknowledging and addressing a gender pay gap if it exists within your business. You could also provide opportunities for training and education.
  1. Encourage word-of-mouth referrals
“Ask your existing staff to use their networks to attract diverse talent. This means you can hire from a wider pool of potential recruits who might not think a skilled trades career could include them. You could encourage your employees to share a job vacancy with underrepresented groups within their networks to boost your referrals.
  1. Target diverse spaces
“Tailor your recruitment efforts to include places where underrepresented people are more likely to see them. Increasing your visibility in these areas shows you are committed to attracting diverse recruits and makes you a more attractive proposition for them.”

Business funding package to boost Ashfield economy

Grants worth up to £30,000 are available to businesses across Ashfield thanks to a new scheme aimed at boosting the local economy. Ashfield District Council is offering grants to support the growth of established micro, small and medium sized businesses based in the District. The programme is being funded using some of the £3.2 million allocated to Ashfield District Council from the UK Shared Prosperity Fund (UKSPF). The business grants – which range from £8,000 to £30,000 can be used to support staff training, IT equipment and machinery, marketing, consultancy services, overseas trade visits including conferences, and other project-related expenses. To apply businesses need to be engaged on the Ashfield Accelerator Project and have an eligible project cost of at least £16,000. This is a match funded grant scheme, with an intervention rate of 50%. The scheme will close on 31 October 2024 and any awarded projects must be completed by 31 January 2025 at the latest to be accepted. Diane Beresford is Deputy Chief Executive of East Midlands Chamber, which delivers the Ashfield Accelerator Project on behalf of Ashfield District Council. She said: “We are delighted to be working with Ashfield District Council on this new grant, which will provide a boost to local businesses and the local economy. “We think there will be a lot of interest in the new fund and would urge businesses to get in touch now, talk to an Accelerator Business Adviser and discuss the growth projects they have in mind before all the funds are allocated.” Cllr Jason Zadrozny, Leader of Ashfield District Council, said: “Business investment is crucial as we continue to drive local growth. Ashfield is an area where businesses can thrive, knowing they can access support to help them flourish. This scheme is another fabulous example illustrating our commitment to growing Ashfield’s economy.”