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.

GeoPura secures £27m for UK hydrogen expansion and Danish hub

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GeoPura has secured £27 million in green financing from Barclays to expand its hydrogen energy operations in the UK and establish a new base in Denmark. The package includes a £16.5 million guarantee from the Export and Investment Fund of Denmark (EIFO), marking EIFO’s first international Power-to-X guarantee.

The funding supports HyMarnham Power, GeoPura’s joint venture with JG Pears, which will produce low-carbon hydrogen at a former coal-fired power station in the East Midlands. Expected to become the first project under the UK Government’s Hydrogen Allocation Round 1 (HAR1) to reach commercial operation, it will supply hydrogen for GeoPura’s zero-emission power units and other industrial uses.

The new Danish hub, GeoPura (Europe) Limited, will secure electrolyser capacity and support delivery capability across Europe, strengthening the company’s continental operations.

GeoPura’s hydrogen systems replace diesel generators in sectors such as construction, data centres, film production, and major events. Clients include National Grid, Balfour Beatty, and the BBC. Its next-generation Hydrogen Power Unit 2 is designed for higher-capacity applications, expanding its reach into new markets.

The Barclays-EIFO partnership highlights growing UK-Danish collaboration in clean energy finance, aiming to drive investment, job creation, and industrial growth in both markets.

Davies Turner reports turnover surge past £260m amid steady profits

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Davies Turner Holdings has recorded a sharp rise in turnover, reaching £264 million for the year ending 31 March 2025, compared with £213.3 million the previous year. Pre-tax profits remained stable at £15.1 million, down slightly from £15.9 million.

The Coleshill-based logistics group, established in 1870, continues to operate one of the UK’s most extensive multimodal networks, providing freight forwarding, haulage, warehousing, and logistics services. Its operations span 19 sites across the UK and Ireland, including major hubs in Dartford, Heathrow, Birmingham, Bristol, Manchester, and Glasgow.

The company’s performance reflects continued strength in demand for integrated logistics and supply chain solutions, supported by ongoing investment in warehousing capacity and transport infrastructure. The group has signalled that it remains focused on expanding its market share through its global partnerships and multimodal capabilities.

Davies Turner, one of the UK’s longest-standing logistics operators, said it is positioning itself for long-term stability and incremental growth following the solid results of its latest financial year.

Quotient Sciences records annual loss amid industry slowdown

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Drug development accelerator Quotient Sciences has reported an £8.8 million pre-tax loss for the year ending 31 December 2024, reversing its previous year’s £12.6 million profit. Revenue declined to £71.3 million from £74.2 million in 2023.

The Ruddington-headquartered firm operates drug development, manufacturing, and clinical testing sites across the UK and US, including Reading, Edinburgh, Alnwick, Miami, and Philadelphia. The company stated that its performance reflected weaker conditions across the broader life sciences sector.

Quotient Sciences implemented cost reduction measures during the year to address market pressures. These initiatives incurred one-off costs that limited their immediate financial impact but are expected to strengthen the company’s position in 2025.

Management said the business entered the new financial year with a lower cost base and capacity to improve revenues and margins as market conditions stabilise.

JLR prepares phased return to production after cyber attack

Jaguar Land Rover is moving towards a controlled restart of manufacturing after a cyber attack forced the company to halt operations across its UK sites. Testing has begun at several facilities, with production expected to resume shortly at the Wolverhampton engine plant.

The disruption, which began on 31 August, affected the company’s sites in Solihull, Halewood, and Wolverhampton. Manufacturing was suspended throughout September as cybersecurity teams worked to contain the breach and restore systems. The company extended its production pause until at least the start of October while coordinating recovery efforts with the National Cyber Security Centre and law enforcement.

Analysts estimate the shutdown could cost the manufacturer around £120 million, with production normally averaging 1,000 vehicles a day. The pause also placed pressure on suppliers within the UK automotive supply chain, many of which are small and medium-sized firms dependent on JLR’s orders.

To mitigate financial risks, the Government announced a £1.5 billion loan guarantee to support JLR and provide assurance to suppliers awaiting payments. The automotive giant employs around 120,000 people across its supply chain and is one of the largest contributors to the UK’s manufacturing output.

Midland Scaffolding Services’ charity challenge a runaway success

Charity champions at Midland Scaffolding Services (MSS) are celebrating their fundraising success after raising thousands of pounds for Caudwell Children. The company pledged to raise £20,000 for the charity, which supports disabled and neurodivergent children and their families, with colleagues taking on an ultra-marathon running from Birmingham to Northampton. The charity challenge, called 50 Miles for Poppy, was led by MSS colleagues Ben Ekins and Jordan Harrison. They were inspired to take on the fitness feat by colleague Gary Rouse’s baby daughter Poppy, who was born with Down’s syndrome and a heart condition, which recently required major surgery. The MSS team was inundated with generous donations, raffle prizes and support by multiple companies, suppliers and customers who backed the charity campaign, which culminated in a family fun day at Northampton Town Football Club to welcome Ben and Jordan across the finish line. Father-of-15 Gary said: “It’s a fantastic achievement – thank you all very much. It’s been a tough year for me and my family, and it still is, but we battle on every day. I must say a massive thank you to MSS, the company has supported me all this year and helped me out more than I could have possibly imagined. “We still have got a long way to go but Poppy is doing OK after the operation, which went well and she’s recovering. She’s a really very special part and addition to our slightly large family and we all love her to the moon and back.” After crossing the finish line to the ecstatic cheers of the crowds, the relieved runners celebrated their achievement as it was announced the company received an award from the charity in recognition for its fantastic fundraising efforts. MSS contracts director Ben said: “Now I’ve completed the ultra-marathon I’m very tired, very sore and quite emotional. But it’s been a massive achievement, and I am very proud of what we’ve done.” MSS estimator Jordan added: “The running was pretty hard, I feel emotional but it’s all for a great cause, so I’m happy.” The team from the charity was there to congratulate them on their incredible achievement, which helped to smash the original fundraising target. Amy Helliwell, marketing operations manager for Caudwell Children, said: “A huge thank you to Ben, Jordan, everybody at Midland Scaffolding Services and to everyone who has donated to Caudwell Children. “We provide support and services to thousands of neurodivergent and disabled children and their families every year. It’s incredible they ran 50 miles all in the aid of Caudwell Children. It was fantastic to see them at the finish line and an honour to shake their hands and speak to them afterwards. “Midland Scaffolding Services has put their heart and their soul into their fundraising efforts. It is amazing to see how much they have raised, and every single penny will go to help a child. “That’s why we’re also awarding Midland Scaffolding Services with our Fundraising for Change moment, to recognise not just the miles they’ve run, but the difference they’ve made. Their passion and commitment show the real power of community in helping children and families thrive.” Amie Bailey, commercial director at MSS, was delighted with the success of the family fun day event and that the company was able to raise so much money for the charity, which will be able to offer support and services to Poppy, Gary and family in the future. Amie added: “It is fantastic to receive the award from the charity in recognition of everyone’s efforts. We want to thank everyone, including all our customers and suppliers, who donated all the fantastic raffle prizes and helped us hit the £20,000 target. “It’s incredible what Ben, Jordan and all the other runners and riders have done; we are so proud of them all. We’ve got some great suppliers, great customers, and a great workforce – we couldn’t ask for better people to be surrounding us and to be surrounding Gary and his family.” To support or donate visit 50 Miles For Poppy is fundraising for Caudwell Children.

Florist takes root on Swadlincote High Street

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Commercial property specialist Rushton Hickman has let 74b High Street in Swadlincote to an expanding florist. The 437 sq ft premises comprise a ground floor retail unit situated in a prime retail location in the heart of Swadlincote. The new tenant, Mrs Bouquets Flowers, was established in 2018 and they currently have a thriving premises in Shelton Lock. When the property in Swadlincote came to the market, they saw this as an ideal to opportunity to expand their “blooming” business. Richard Fairey, director at Rushton Hickman, said: “Given the location of the premises, we expected it to generate plenty of interest and were very pleased to tie up a deal with an established business so quickly. We have no doubt that the tenant will be successful in Swadlincote.”

Someone tried to clone me on Instagram — so I beat them to it: by Greg Simpson, founder of Press For Attention PR

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Greg Simpson, founder of Press For Attention PR, explains why he created an AI clone. Apparently, someone’s tried to impersonate me on Instagram. Flattering? Maybe. Accurate? Not even close. Here’s how you can tell a fake me from the real one: The fake one is all buzzwords, hustle, and motivational quotes. The real one talks about timing, tension, and how to actually land a story that gets published. The fake me drops emojis. The real me drops press coverage. It did get me thinking though…if someone’s going to try and clone me — they might as well do it properly. So, I cloned myself. No ring light. No ego. Just 20 years of PR insight crammed into a little AI called Dr Spin. Why I did it Because I’m fed up of watching actual experts miss out on press coverage whilst loud-but-lightweight ‘personal brands’ take up all the space. Real founders. Real businesses. Real stories. Ignored — not because they’re not good enough…but because they’re not prepared enough. They think PR is about being famous. Or about having a flashy logo, a big team, or a blue tick. It’s not. Journalists want experts, not egos. They want stories, not slogans. They want relevance, not reach. And you — the business owner who’s actually doing the work — already have what they’re looking for. You just need to package it properly. That’s what I help people do. And that’s what Dr Spin is trained to help you practice. I built him because so many of you told me the same things: “I don’t know what makes a good story.” “I don’t feel big enough for the media to care.” “I don’t know how to pitch without sounding desperate.” So here’s what I’ve been telling them — and now, so can he:
  1. Start with what’s different
Not your entire origin tale. Just one clear, timely angle that solves a problem or reframes an issue.
  1. Show results, not reach
Followers are not the metric here. Impact is. What changed because of what you did?
  1. Be findable, helpful and human
Journalists don’t need perfection — they need clarity and confidence. Make it easy to say yes.
  1. Lead with insight, not ego
What do you know that most people don’t? That’s your story. The rest is noise.
  1. Make your soundbite your superpower
Practice saying smart things in short, sharp ways. That’s what gets you quoted. Try it. Then try pitching. Dr Spin isn’t a gimmick. He’s not a hype machine. He’s my best advice, distilled into something you can test and apply today — even if you’ve never pitched a journalist in your life. Use him to practise your angle. Use him to check if your story’s press-worthy. Use him to feel like you’ve got this, before you hit send on a pitch. Try it now while it’s still free: https://pressforattention.com/chat-with-dr-spin/ Because if someone’s going to clone me, it might as well be me — and it might as well help you get featured.   A former business journalist, Greg Simpson is the author of The Small Business Guide to PR and has been recognised as one of the UK’s top 5 PR consultants, having set up Press For Attention PR in 2008. He has worked for FTSE 100 firms, charities and start-ups and conducted press conferences with Sir Richard Branson and James Caan. His background ensures a deep understanding of every facet of a successful PR campaign – from a journalist’s, client’s, and consultant’s perspective. See this column in the October issue of East Midlands Business Link Magazine here.

DX Group expands capacity with new site in Northamptonshire

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DX Group has opened two new distribution facilities in Birstall and Wellingborough, expanding its DX-2 network to nine Super Sites across the UK.

The Birstall site, based on Norquest Industrial Estate, covers 35,000 sq ft, while the Wellingborough facility spans 10,000 sq ft at Ise Valley Industrial Estate. Both locations are part of the company’s continued investment in infrastructure to support growth in its two-person delivery division, which specialises in handling large and heavy consumer goods.

The DX-2 network now operates 19 depots, including the nine Super Sites, and runs a dedicated fleet managing over 100 daily routes. Around 450 employees support the division, which delivers to homes and commercial properties nationwide.

By expanding its Super Site network, DX aims to enhance operational efficiency, reduce travel distances and emissions, and strengthen customer service. The investment follows several years of network development across the Group, including upgrades to IT systems, vehicles, and equipment.

Ian Truesdale, Chief Executive Officer of DX Group, commented: “We are delighted to have opened these additional new DX-2 Super Sites in Birstall and Wellingborough. They will provide our DX-2 operations with greater capacity, further increase capability and get us closer to our customers’ customers. They also help to make us more efficient and reduce our stem mileage, which in turn will lower our overall carbon emissions. We continue to focus on setting market-leading service standards. We have invested significantly in our depot network over the past few years and will continue this programme across the Group, including IT, vehicles and equipment.”

Kiril Mischeff expands portfolio with Primepak Foods acquisition

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Kiril Mischeff Group has acquired East Yorkshire-based Primepak Foods Ltd, continuing its expansion in the UK food manufacturing sector.

The Nottinghamshire-headquartered company, established in 1935, is one of Europe’s leading suppliers of food ingredients and products to manufacturing, retail, and foodservice markets. The addition of Primepak Foods strengthens the group’s product range in cheese, cooked meats, and sandwich fillers, which are produced under the Wolds Edge brand and private labels.

Primepak Foods, a family-run business, operates as a specialist processor and manufacturer serving retail, delicatessen, and foodservice clients. The acquisition aligns with Kiril Mischeff’s strategy to diversify its product lines and consolidate its position in the convenience food and ingredients market.

Dimiter Mirchev, Managing Director of Kiril Mischeff Group, commented: “Primepak Foods is a family owned and run business, that offers synergies with our existing products and services. This acquisition will allow us to expand and develop our offering and we welcome the Primepak team to the Kiril Mischeff family of companies. We look forward to working together for a mutually successful future.”

Advisory support for the transaction included Schofield Sweeney and Affinia for Kiril Mischeff, while Primepak Foods received guidance from DSW Corporate Finance, Bradbury and Co Accountants, and Wilkin Chapman Rollits.

The deal further extends Kiril Mischeff’s operational footprint in the UK food production landscape, reinforcing its vertically integrated supply capabilities across multiple categories.

Equity deals and values grow while external finance usage falls in the East Midlands

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The East Midlands was one of only three of the UK’s nations and regions to achieve annual growth in both equity deal numbers (7.8%) and investment values (26.1%) in 2024 amid more mixed trends elsewhere. However, smaller businesses across the region took a largely cautious approach to borrowing in 2024 as external finance use fell, according to the British Business Bank’s fifth Nations and Regions Tracker. The region had the sharpest fall in the use of external finance amongst smaller businesses (-9 percentage points) of any region, with similar reductions across other lending types, including bank loans, credit cards and leasing, hire purchase and vehicle finance. East Midlands sees growth in equity deals and values against overall national contraction The East Midlands was one of only three UK Nations and regions to achieve annual growth in both equity deal numbers (7.8%) and investment values (26.1%) in 2024 amid more mixed trends elsewhere. The number of equity deals in the region rose to 55, with investment totalling £91m. Comparing equity deals and investment value per high-growth enterprise in each UK Nation and region, the East Midlands, continues to lag. Along with the West Midlands and Yorkshire and Humber, the East Midlands shows the lowest levels on this indicator with 8 equity deals and £13m investment per 100 high-growth enterprises, far below the UK average outside London (14 deals and £54m) between 2022 and 2024. This points to structurally lower equity activity in these regions relative to their high-growth enterprise base. Equity investment across the UK fell slightly (-2.5%) to £10.8bn in 2024, while equity deal volumes were down 15.1%, returning close to 2018 levels. Initial H1 2025 data suggests that this contraction is continuing, reflecting continued market uncertainty. Use of external finance fell in the region External finance use amongst smaller businesses fell in half of the UK’s nations and regions in 2024, including the East Midlands. External finance use dropped to 39% (-9 percentage points) amongst smaller firms in the region, with similar drops seen in the North East (-8) and Wales (-7). Overall, the share of UK smaller businesses using external finance was steady, declining by just one percentage point to 45% in 2024. The Nations and Regions Tracker also shows a reduction in the use across most types of finance across smaller businesses in the East Midlands, with credit cards use down (-7) as well as leasing, hire purchase and vehicle finance (-6). Increased openness to external finance Businesses that did not need to borrow, or already had the facilities that they needed, are described as ‘future happy non-seekers of finance’ by the Nations and Regions Tracker. The East Midlands had one of the largest declines of ‘future happy non-seekers’ (-6 percentage points), indicating a growing appetite for future borrowing. However, a cautious approach still dominates, with 17% of smaller firms in the East Midlands reporting they were open to using external finance, but thought this would be difficult to secure – 5 percentage points higher than in 2022. Vicky Mears, UK network director, North of England and Midlands at the British Business Bank, said: “Smaller businesses in the East Midlands appear to have been taking a cautious approach to external finance in 2024. However, now that interest rates have fallen and inflation is more stable, many are considering growth – and how to fuel it. It is crucial that these ambitious firms are backed and given the support and access to the finance they need to grow “The British Business Bank is committed to supporting businesses wherever they are in the UK. From the Midlands Engine Investment Fund II to our expanding Regional Angels programme, the Bank is here to support the region’s entrepreneurs to ensure that promising companies are connected to the right capital at the right time.”

Nottingham caravan retailer secures support to drive growth and sustainability efforts

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Kimberley Caravan Centre, a family-run business established in the early 1980s, is preparing for its next phase of growth with the support of a £500,000 working capital package from Lloyds. Founded by Mike Lowe, the business started life on a small Mansfield site before expanding to its current home in Nottingham. Over the years it has steadily grown to employ 75 people across two branches in Nottingham and Darlington and now generates more than £33m in annual turnover. Sustainability is central to the firm’s long-term strategy. It has installed electric vehicle (EV) charging points at both its branches, transitioned its company fleet to electric cars, and updated recycling processes in line with new legislation. The Lloyds funding will enable further investment in operations by consolidating all financial services through Cardnet. This streamlining will accelerate payments, provide faster access to working capital, and support reinvestment into stock, site improvements and customer service. As part of its growth journey, the firm has invested in modern facilities, including state-of-the-art workshops, offices and showrooms at its Nottingham site, and a major upgrade to the Darlington branch. Oliver Burton, group management accountant at Kimberley Caravan Centre, said: “Kimberley has always been about more than just caravans and motorhomes, we’re here to give families unforgettable holiday experiences. “Many of our customers first came to us as children on trips with parents or grandparents, and it’s rewarding to see them returning with families of their own. Lloyds has been brilliant in supporting us through our first business banking switch, guiding us step by step. Having everything under one roof, from overdraft to card services, gives us the confidence to keep investing in our future growth.” Khush Johal, relationship manager at Lloyds, added: “Kimberley Caravan Centre has a proud heritage in the East Midlands as a family business that has successfully adapted to changing customer needs over decades. We’re delighted to welcome them to Lloyds and provide the funding and financial tools that will help the firm continue growing sustainably while delivering for its customers.”

Wright Vigar makes associate director promotion

Regional accountancy firm Wright Vigar has promoted Darren Calvert to the position of associate director. The move recognises Darren’s significant contribution to the firm and highlights Wright Vigar’s commitment to supporting the career progression of its team members. Darren Calvert, based in the firm’s Lincoln office, has quickly established himself as a key figure within the firm. He first joined Wright Vigar in February 2021 as a manager, moving up to senior manager in September 2022. In his new role as associate director, Darren will continue to play an integral role in the Lincoln Accounts team, looking after a significant number of clients and helping to drive the firm’s continued growth across the region. He also heads up and chairs Wright Vigar’s internal Accounts Committee and is a key contributor of ideas to improve business processes. The promotion is a clear testament to Wright Vigar’s ethos of developing and rewarding talent from within. On his new role, Darren Calvert said: “I am delighted about this promotion and excited to take on the new challenges that come with being an Associate Director. Wright Vigar has given me the platform to grow, and I am committed to continuing the good work we are already doing for our clients. I look forward to working with the leadership team to maintain our momentum and help the firm achieve its future goals.” Darren will continue his work with clients from the firm’s Lincoln hub, contributing to Wright Vigar’s strong presence across the East Midlands region.

Bates Weston welcome seven new starters

Derby-based accountants and business advisors Bates Weston has welcomed seven new starters as they look to nurture the next generation of financial professionals. Quiana Cole and Reinis Dobelnieks are both third year students at the University of Derby, studying BA (Hons) in Accounting and Finance, and join the firm for placement years as trainee accountants. Also joining the team is Tianna Rai, a First-Class Honours Accounting & Finance Graduate from Nottingham Trent University, Ben Halliday, a graduate from the University of Leeds with a 2:1 in Economics, Matthew Bates a First-Class Maths graduate from University of Leeds and Jessica Eldridge, a First-Class graduate in Accounting and Finance from Nottingham Trent University. All four join the firm as graduate trainee accountants, and each will be working towards their ACA qualification. Finally, the firm have appointed Rebecca Thompson as marketing manager. Rebecca is a technical communication and marketing specialist with a background in Professional Services and Higher Education and will be working alongside the firm’s multi-disciplinary team to strengthen their presence in the market. Wayne Thomas, managing partner at Bates Weston, said: “We’re proud to welcome this talented group of future accountants and professionals to Bates Weston. Supporting early-career professionals has always been a key part of our growth strategy, and we are committed to providing them with the tools, training, and mentorship they need to succeed. “Our training contract programme is designed to offer hands-on experience, structured training, and direct access to experienced mentors and clients. We’re committed to supporting each trainee as they develop their skills and grow within the firm. “Many of our current partners and senior team leaders started their journey here as trainees, so we really look forward to seeing what each of our new starters achieve and have no doubt that they will each thrive and be a real asset to the Bates Weston team.”