Work begins to build more social housing in Mansfield

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Work begins to build more social housing in Mansfield

The delivery of a third phase of new council homes has reached a significant milestone, with a contractor being appointed and work now starting on site.

Mansfield District Council appointed Mercer Building Solutions following a competitive tender process to undertake the construction of 77 affordable homes off Centenary Road. The contractor is also delivering social housing, on behalf of the council, on the Bellamy estate. The £18 million project has been conducted in three phases known widely as Poppy Fields. So far, on the site, a total of 84 new homes have been built and are occupied by council tenants. In 2012, the council received £1.3 million from the government’s Care and Support Specialised Housing fund and 64 homes were developed as part of the first phase. The authority then received a further grant of £420,000 for Poppy Fields phase 2, which saw the delivery of a further 20 mixed-use properties, completed in 2016. In August, the Portfolio Holder for Corporate and Finance, Cllr Craig Whitby, took the delegated decision to accept a further £2.7m from Homes England to build an additional 77 properties in the area. Phase three works started on site in late November and are due to be completed in summer 2026. Councillor Anne Callaghan, Portfolio Holder Housing, said: “We are really pleased that this flagship social housing scheme is now moving at pace. “All the homes will be built to a higher specification than is currently required, to be in line with expected new housing standards, and to make them flexible living spaces that can adapt to tenants’ changing needs over their lifetime. “These homes will not only offer an excellent quality of life for the tenants who will live in them; the council’s new procurement policy means the scheme will also provide work and supply chain opportunities for local people and businesses.” The development off Centenary Road (formerly Brownlow Road) is the third and final phase of this major council project to clear an area renowned for poor quality, low demand, empty housing, and anti-social behaviour. The new 77 homes will be mixed residential, offered at affordable rent, and owned by Mansfield District Council. 47 of the properties have been designated for older people, a mix of apartments and bungalows, and 30 will be for general needs, a mix of apartments and houses. The council’s in-house architects have designed the new homes to align with government carbon reduction targets and the Future Homes Standard, which is expected to be adopted nationally by 2025. This approach to new social housing has been adopted for other council housing projects, including at Bellamy Estate and Fritchley Court in Oak Tree. The standard requires new homes to have low-carbon heating and high energy efficiency. An average semi-detached house produces 75% to 80% fewer carbon dioxide emissions than one built to current building regulations. Mercer Building Solutions is also working on the council’s £7m regeneration scheme on the Bellamy estate, which recently saw work begin on the foundations for 22 new social homes. Katy Mercer, Director of Mercer Building Solutions, added: “We are delighted to continue to work in partnership with Mansfield District Council. Due to their foresight, we are delivering high specification, energy efficient homes for the future, which far surpass current regulations. “Similar to our scheme on the Bellamy Estate, we will continue to focus not only on the quality of the build, but also on social value. We will ensure the local community not only benefits from these new homes, but also benefits in terms of local employment, local spend and support of local community projects, during their construction.”

Administrators appointed to fish processing specialist

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Administrators appointed to fish processing specialist
Fish processing specialist Arctic Fish Products has ceased trading and fallen into administration. Jamie Miller and Gareth Harris of RSM UK Restructuring Advisory LLP were appointed Joint Administrators of the business on 4 December. Founded in 2005, Arctic Fish Products Limited operated successfully in Grimsby for many years processing, packing and storing fish for a strong customer base. Administrators were appointed after the company experienced significant cash flow difficulties due to material bad debts with key customers, along with the related impact on future trading prospects. This led to the company’s directors consulting RSM UK for advice to address these cash flow difficulties and to protect the company’s assets for the benefit of all creditors. Unfortunately, the cash flow position was irrecoverable and the company was placed into administration. The company ceased trading and staff were made redundant shortly prior to the administration appointment. Jamie Miller, RSM UK Restructuring Advisory Partner and Joint Administrator, said: “It’s a very unfortunate time for the business and its employees but the recent sudden loss of turnover left the Company with no option other than to effect an insolvency process. “We are assisting employees to ensure that they recover their entitlements in respect of any arrears of salary, holiday pay, pay in lieu of notice and redundancy. “We are also working closely with the directors and other stakeholders in order to realise the Company’s assets for the maximum amount possible. “This includes the Company’s desirable trading premises and plant and machinery, with interested parties advised to make contact with us as soon as possible. We are hopeful of securing a material return to the Company’s creditors.”

Nottingham City Council awaits decision on £3.4m grant to progress Broad Marsh shopping centre demolition

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Nottingham City Council awaits decision on £3.4m grant to progress Broad Marsh shopping centre demolition
Nottingham City Council has applied for a £3.4m grant to allow further demolition of the former Broad Marsh shopping centre. The council has bid for the money from the East Midlands Combined County Authority (EMCCA), which is meeting next Monday (16 December) to discuss the award as part of a potential wider allocation of £9.5m to councils and organisations across the region. It comes from EMCCA’s Investment Fund and the authority has worked with local partners to consider projects that invest in homes, jobs, manufacturing, clean energy creation and greener spaces. The funding is set to be discussed and a formal decision made during the EMCCA Board meeting in Newark next week. The city council has bid for up to £3.392m to carry out partial demolition of a section of the frame near to the recently-opened Green Heart. This would then enable works to start on the Broad Marsh masterplan to transform a key part of the city centre. Councillor Neghat Khan, Leader of Nottingham City Council and Executive Member for Strategic Regeneration, Transport and Communications, said: “This is key funding that the city has bid for to accelerate our ambitious plans for Broad Marsh. “If we secure the grant at EMCCA’s board meeting next week, this will be a great example of partnership working between the new Regional Mayor and Nottingham City Council, delivering on projects which provide huge benefits to Nottingham and our residents. “This would help us continue our progress on the Broad Marsh masterplan to transform a key part of the city centre following on from the recent opening of the Green Heart. “The funding would allow us to bring forward selective enabling-demolition of part of the remaining old shopping centre structure, which is good news for the city and continues our regeneration plans in this part of Nottingham.” Claire Ward, Mayor of the East Midlands, said: “Broad Marsh is one of the region’s biggest development opportunities and this funding will help towards delivering the masterplan for the site. “It will go towards the demolition of part of the frame near to the Green Heart and will be an important step in helping to bring forward work on the site. “The Broad Marsh project has the potential to be a major boost for both the local and region economy – it will create 1,600 new homes, just over 2,000 news jobs, plus visitor attractions and business space. So, it’s an important project for this funding to go to.”

New CPD courses in Cyber Security showcased to businesses

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New CPD courses in Cyber Security showcased to businesses
New courses to help businesses equip their staff to face the growing threats of cyber attacks have been launched at De Montfort University Leicester (DMU). DMU is one of just eight universities in England to be rated Gold for its cyber security teaching and outreach work by the National Cyber Security Centre. Businesses and industry teams were invited to find out more about the new courses at an event, held in the university’s newly-refurbished computer labs at DMU’s Gateway House. Professor Eerke Boiten, Head of the School of Computer Science and Informatics, said: “Cyber security is a main area of strength in our teaching, and as a gold standard Academic Centre of Excellence in Cyber Security Education (ACE-CSE), we are delighted to be able to offer these continuing professional development courses to industry professionals, shaping and supporting cyber security education as a lifelong learning university.” The event included a tour of DMU’s Security Operations Centre, a talk on ways to protect your business from cyber threats and how CyberSprint: Fast Track to the Future, a new project, will revolutionise cyber skills in the East Midlands. DMU’s Faculty of Computing, Engineering and Media (CEM) has been developing new continuing professional development (CPD) programmes for industry. The academic team showcased DMU’s Red v Blue Team Training demo, an immersive training exercise designed to provide a cyber warfare training environment, and the interactive Serious Critical Protection Scenarios gamified training with simulated attack scenarios to improve awareness and understanding of cyber security investment in your organisation. The team also presented the new flexible learning opportunities to access DMU’s Cyber Security MSc level programme as manageable one-week courses for professionals looking to upskill and specialise in a particular subject area. Course topics include Cyber Threat Intelligence, Network Security, Malware Analysis, Digital Forensics, Penetration Testing and Incident Response. Latest Government reports show that half of all UK businesses have experienced some form of cybersecurity breach or attack in the past 12 months. Some 70% of medium sized businesses and 74% of large businesses reported they had been targeted. One attendee said: “The week long sections of the masters degrees should be an excellent way of businesses sending staff on useful training, without too much time out of the business.” Another added: “I liked the mix of the courses on offer. From individual modules, technical team scenario’s (Red v Blue), and SCIPS can demonstrate the importance of every person’s role towards cyber security within an organisation.” Interested in finding out more about DMU’s exciting new cyber security training exercises and CPD opportunities? Email Business Services at DMU – businessservices@dmu.ac.uk

Van Elle anticipates decline in first half revenue amidst challenging market conditions

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Van Elle anticipates decline in first half revenue amidst challenging market conditions

Van Elle, the ground engineering contractor, is anticipating a decline in first half revenue amidst challenging market conditions.

According to a trading update for the six months ended 31 October 2024, the firm expects to report revenue for the period of approximately £65m, representing a decrease of 5% on the prior year.

Market conditions have continued to be challenging across all sectors, Van Elle noted, with workload subdued in Rail, as the sector transitions from CP6 into CP7, and Highways continues to experience project delays.

The business added that the impact of the Building Safety Act has caused delays to start dates of taller residential schemes, however encouragingly the new build housing sector has continued to recover, with a strong pipeline of work planned for delivery throughout the second half of the financial year.

Van Elle said it has also made further progress in developing a strong position in the water and energy sectors, and the recent acquisition of Albion Drilling provides additional momentum in Scotland.

Growth is also continuing in Canada, with the award of a new three-year framework agreement in November for the delivery of Metrolinx renewals projects worth approximately CAD$9m to the Group.

Van Elle’s order book at 31 October 2024 increased to £41.6m (30 April 2024: £35.1m).

2025 Business Predictions: Parm Bhangal, Managing Director, Bhangals Construction Consultants

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2025 Business Predictions: Parm Bhangal, Managing Director, Bhangals Construction Consultants
It’s that time of year, when Business Link Magazine invites the region’s business leaders to offer up their predictions for the year ahead.  It has become something of a tradition, given that we’ve been doing this now for over 30 years. Here we speak to Parm Bhangal, Managing Director at Bhangals Construction Consultants. The construction industry has suffered in the past 12 months. While we anticipated a quieter year, nobody was prepared for the widespread dip across all areas. 2025 has to be a year for recovery and growth in our sector. The new Government has pledged to build 1.5 million new homes over the next five years, which should help construction companies to find greater opportunities for more building contracts. However, we continue to face a massive labour and skills shortage, and it has been widely reported that we will need an extra 250,000 workers in the UK in order to meet demand. Therefore, there is no doubt that businesses will continue to struggle to find the right people with the right skills and right attitude in order to succeed. That skills gap for consultants and trade needs to be filled urgently and we need more apprenticeship programmes and better routes to market to achieve this. During 2025, the industry will continue its focus on sustainability and aiming to reduce carbon emissions in each individual build through solar panels and other specialist environmental measures. Businesses will also need to embrace technology as it advances in order to make jobs more efficient and use time most wisely.

Council plans new affordable homes for disused block of flats

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Council plans new affordable homes for disused block of flats
A disused block of flats that has stood empty for over seven years is to be demolished to make way for new affordable housing. The Leys building, in Beaumont Leys, was bought by Leicester City Council in 2019 with the intention of refurbishing it to bring back into use. The building is currently in a state of disrepair and with the opportunity to acquire adjoining privately-owned land at John Calvert Court, the council is now planning to demolish the building and develop a new council housing scheme. The proposed scheme would deliver up to 52 new affordable homes and include a toddler playground for use by the wider community. The city council originally purchased The Leys building for £1.2 milllion. The anticipated costs of the proposed new affordable housing scheme – including demolition costs of about £800,000 – is £15.5 million. This would be funded using receipts from the sale of council properties under the Government’s Right to Buy scheme. Deputy city mayor Cllr Elly Cutkelvin, who leads on housing, said: “Leicester continues to face a housing crisis and it is essential we do everything we can to address the growing demand for high-quality affordable housing in the city. “By acquiring more land and preparing this site for new homes, we can increase our stock of council housing and build high quality, affordable homes that meet the needs of local people as well as providing a boost to the local area. “There is no doubt that the Right to Buy scheme has hit the supply of council housing hard. It is essential that we invest whatever proceeds we can back into ambitious schemes like this that will help address the urgent need for more affordable homes in our city.” If given the go-ahead, demolition of The Leys is expected to take place in 2025. A competitive tendering process will then get underway to find a development partner to design and build the new affordable homes, subject to planning permission.

Work starts on new research and development facility for food and farming sector

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Work starts on new research and development facility for food and farming sector

Work has started on creating a new research and development facility at the University of Lincoln’s Riseholme Park Campus, enabling new industry collaboration and research opportunities for the UK’s food and farming sector.

The glasshouse will facilitate regional industry specialisms, support innovation in food and farming, deliver collaborative, impactful and high value research with industry, and further establish the University’s Riseholme Park Campus and Lincoln Institute for Agri-Food Technology (LIAT) as specialist centres. The Glasshouse Research & Development (R&D) Facility will use geothermal ground source heating technology to provide heating from renewable energy. The building will therefore operate with a considerably lower carbon footprint than traditional facilities of its kind and will demonstrate plausible pathways towards a Net Zero transition for this segment of the agriculture and horticulture industries. When completed, the glasshouse will offer access to specialist research infrastructure and innovation support services. This will allow SMEs and other businesses in the UK’s food sector to adapt or improve their products or services. The glasshouse will have capacity for multiple R&D projects to take place simultaneously in independently controlled compartments. Eligible businesses will also have access to academic experts from the University of Lincoln, as well as many research and knowledge transfer opportunities. This ongoing support will enable adoption of new technology, new processes, acquisition of skills and the development of new products. Prof. Neal Juster, Vice Chancellor of the University of Lincoln, said: “We are very excited at the prospect of our new Glasshouse Facility being constructed at the University’s Riseholme Park Campus, and it will be working with Net Zero technologies that are in line with our ongoing commitment to sustainability and a carbon free future. “Lincolnshire is the UK’s Food Valley, from its seafood industry in Grimsby, through agri-tech in Lincoln, to its fresh produce sector in southern Lincolnshire. We are facilitating growth with an industry-led investment agenda. Our enabling strategy, working in conjunction with industry can deliver success by attracting and supporting investors. “By working together, locally and with the government, we can deliver much more investment, innovation, job creation and food security. It is incredibly important that we invest in applied research and development opportunities such as this and encourage the growth of our University as a commercial entity.” The Glasshouse R&D Facility will form part of Greater Lincolnshire LEP’s proposed Agricultural Growth Zone (Ag Zone), designed to support Greater Lincolnshire agriculture and the delivery of the UK Food Valley. The research and development infrastructure will also be used for the new AgriTech Incubator established by the University of Lincoln in partnership with Barclays Eagle Labs. The total cost of the project will be £2.2 million with the majority of the capital being provided by a local growth fund from the Greater Lincolnshire Local Enterprise Partnership. Construction of the facility is expected to be completed by Summer 2025.

Rail firm hosts Christmas party to help young people who have left care feel less alone

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Rail firm hosts Christmas party to help young people who have left care feel less alone
A Derby woman has praised a community Christmas party which brought young care-leavers together for festive fun, music and food – saying they give people hope at what can be a lonely time of year. Harley McComiskie, 22, attended the event on Monday with her two-year-old daughter, Aurora, alongside 50 other young people from across Derbyshire. The party, which was organised by volunteers, staff from Swadlincote-based rail firm MTMS and members of the Derbyshire Freemasons, was being held for the second year and featured a turkey lunch, music, face-painting and a balloon modeller. It was Harley’s second time attending the event, which was held at the Derby Freemasons Hall in Littleover and also saw everyone leave with a large hamper filled with Christmas presents, food and treats. Harley, who works as a TikTok content creator, said: “People that are in care don’t get to spend a lot of time with other people, and at Christmas time it can be hard for everyone. “This is really good fun, it gets people at the house and having some fun for Christmas. It’s about good company, good people, it’s just really nice to spend time with others. “I feel like these Christmas parties should continue to happen, they give children that little bit of hope before Christmas. “I would usually just be spending Christmas with Aurora but this party is all fun and games for us two, this is what we enjoy.” This party followed a similar event which was held in Burton for young care-leavers from across Staffordshire last Friday (December 6), where 100 guests also tucked into a lunch and enjoyed music and fun. The idea for the parties dates back nine years, when Trandeep Sethi, district leader for children’s services for South Staffordshire at Staffordshire County Council, put out a call searching for help to organise a Christmas party for young people who had left the care system. He decided to take action after finding young people who had been through care had taken their own lives at Christmas, when their feelings of isolation and loneliness often come to a head. There have been no suicides while the parties have been taking place, and Malcolm Prentice, group chairman of MTMS, urged more organisations to step forward to hold Christmas parties too. He said: “We welcomed special young people for a Christmas lunch and plenty of fun. We try to put on the best possible day for them, a community environment with activities and entertainment. “Without this, some of these people would not get a proper Christmas surrounded by people who care about them. They have not got parents or people to go to at Christmas so they are most likely to be on their own. “But this is not possible without funding, so we are asking for support from businesses to help us put on these fantastic parties and make young people feel cared for and less lonely around Christmas. “We need to raise money to pay for the parties for young people who live independently after leaving the care system. Next year we want it to be bigger and better by helping more people across more venues.” Each year, MTMS launches its annual appeal to raise money to fund the festive fun. The aim is to raise money to pay for all the food, musical entertainment and hampers at the two parties. Anyone who would like to make a donation can do so by visiting https://www.justgiving.com/crowdfunding/makeadifference2024

Blueprint Interiors appoints commercial director

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Blueprint Interiors appoints commercial director
Workplace consultancy and commercial interior design firm, Blueprint Interiors, has appointed John Tansur as commercial director. The Ashby-based business recently announced a management buyout, with operations director Rachel Biddles and creative director Chloe Sproston taking ownership of the company. The newly created commercial director role will help shape and deliver Blueprint’s business strategy, and enhance its marketing and business development functions. Previously in business development and senior management positions, John brings over 25 years of commercial and culture acumen and will be part of Blueprint’s leadership team. John Tansur said: “Knowing the team at Blueprint and seeing their progression over recent years, I feel privileged to be asked to be part of the business for what we know can be a very exciting future. “The culture within Blueprint and their reputation for injecting passion into delivering projects for clients is very appealing to me, and we look forward to sharing our expertise across a number of sectors as the business continues to grow.” Rachel Biddles said: “It’s such a pivotal time for Blueprint. Following the recent MBO, our investment in the commercial director post is a key part of our strategic growth strategy. “John will be an asset to our expanding team. His expertise and ambition will be a valuable addition and will enable Blueprint to take greater strides in core areas of our business. “Welcome John and thank you to our talented team here at Blueprint for being on this incredible journey with us.”

Nottingham Venues confirms commitment to being a Real Living Wage employer

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Nottingham Venues confirms commitment to being a Real Living Wage employer
Nottingham Venues, the collection of independent venues specialising in meeting and events set within the University of Nottingham campus, has confirmed its commitment to being a Real Living Wage employer. The company, which employs over 280 people, received full certification from the Living Wage Foundation in November 2023 and has once again pledged that it will continue to pay all its staff the Real Living Wage or above. Nottingham Venues remains committed to paying the Real Living Wage following the increases to the National Minimum Wage announced by Chancellor Rachel Reeves in the October Budget. It will pay the National Living Wage of £12.60 per hour, which is higher than the National Minimum Wage, and is independently calculated based on what people actually need to meet the cost of living, not just the Government minimum. The pledge reflects Nottingham Venue’s dedication to ensuring fair and sustainable pay for all its employees, recognising their essential role in delivering the best possible guest experience and ensuring the future success of the business. Tom Waldron-Lynch, CEO of Nottingham Venues, said: “Given the nature of our industry, we are a hugely people focussed organisation, and I am committed to rewarding people for delivering great service. “We want our employees to feel valued and supported at work so that they can deliver an outstanding guest experience, and the best way you can do that is to ensure that people are paid appropriately. I am proud of our commitment to paying the Real Living Wage and would call on other employers to do the same where they can.” Nottingham Venues values the wellbeing of its employees highly and has a range of initiatives across the business designed to support employee’s mental health and wellbeing. Employees are supported in their roles through excellent training and development, and the company’s latest staff survey showed that people felt they had a good work life balance and that leaders demonstrated that people are important to the company’s success. The company has also signed The Hoteliers Charter the national standard that champions the hospitality industry and advocates for working in hotels as a viable long-term career choice. In becoming a Charter Hotelier, Nottingham Venues is committed to providing a workplace environment built on the foundations of respect, fairness, equality, diversity and opportunity, and supporting employees’ career development, their wellbeing and to ending low pay. This commitment to its employees led to Nottingham Venues winning the ‘Commitment to People Development Award’ at the 2024 East Midlands Chamber of Commerce Nottinghamshire Business Awards. Nottingham Venues is a collection of independent venues specialising in meetings and events, set in the grounds of the University of Nottingham campus. All venues, including the East Midlands Conference Centre, the Jubilee Hotel and Conferences venue, Campus Venues and the 4* Orchard Eco Hotel were brought together under one brand in July 2022 with the aim of providing an unrivalled guest experience.

Nottingham-based Inaphaea BioLabs appoints Head of Scientific Operations

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Nottingham-based Inaphaea BioLabs appoints Head of Scientific Operations
Inaphaea BioLabs, the translational contract research organisation based at MediCity Nottingham, has promoted Melissa Barr to Head of Scientific Operations. Melissa joined Inaphaea in 2023 as Lead Scientist. Since then, she has played an instrumental role in delivering preclinical drug discovery projects across oncology and women’s health, as well as leading a team of scientists on-site. Spun out from ValiRx PLC, Inaphaea offers cell-based assays specialising in oncology. Its aim is to improve the translation of early drug discovery projects towards the clinic. Commenting on her promotion, Melissa says: “I have had the privilege of growing alongside Inaphaea since its inception. Being part of a start-up has been an exciting and rewarding journey, offering opportunities to develop not only technical expertise but also operational and leadership skills. “Highlights of my role so far have included establishing and characterising patient-derived cancer models, driving their use in translatable research, managing our laboratory operations, and leading a talented team of scientists. “In my new role as Head of Scientific Operations, I am excited to continue supporting our amazing team, strengthening our current capabilities, and driving forward innovative research. I look forward to contributing to the technical, operational, and strategic aspects of our work as we deliver impactful solutions for our clients and stakeholders.” Mark Eccleston, ValiRx CEO, adds: “We’re delighted to announce Melissa’s well-deserved promotion. She has played a key role in Inaphaea’s growth and development journey so far, bringing specialist scientific expertise as well as helping to drive operational efficiencies. “Melissa’s practical laboratory experience, academic understanding of oncology, and commercial experience in the contract research space will be an invaluable asset as we work with a growing number of customers to accelerate the progress of their drug candidates.”

East Midlands could ‘lead the country in skills’ says new Chamber President

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East Midlands could ‘lead the country in skills’ says new Chamber President
East Midlands Chamber’s new President Dawn Whitemore says skills are to be front and centre of her agenda for the year ahead. The SMB College Group Principal and Chief Executive took over the post on 9th December from former Alliance & Leicester Director Stuart Dawkins, who stepped down after completing an extended two years as President. During her time at the Leicestershire college group Dawn oversaw the merger of Melton and Brooksby College with Stephenson College in Coalville. Prior to that, Dawn was Principal and Chief Executive of New College Nottingham and established the University of Derby Corporate – an operating division dedicated to working with employers through higher apprenticeships. Dawn Whitemore said: “The time is perfect for me to be East Midlands Chamber President because it’s a real opportunity for me to highlight how important skills development is and link it directly in with our businesses. “Why shouldn’t we be leaders in developing a joined-up approach to making sure our businesses get the skills they need. No business knows exactly what they want when it comes to skills – they have an idea, but they don’t know now what skills they will want in five years’ time. “Businesses need to be vocal about what they need because that’s the way things change – if we get our skill provision right, with the right sort of investment, that increases the benefits to the economy and society. “Our members already appreciate lobbying, and I want to use my time as President to really help translate what businesses and Further Education need to ensure the skills of the future are delivered. “My campaign for the year is going to be about making sure businesses embrace the skills agenda and influence what is needed. Our region is already stronger than most, but if we get that right we could lead the country in skills. “It’s about changing lives through equipping people to be self-sufficient and independent. I’m really excited about the next 12 months. I think it’s an opportune time to be doing this.” East Midlands Chamber Chief Executive Scott Knowles said: “We all know the skills challenges businesses face now – championing skills for the future and life-long learning is essential for businesses to determine what skills will be needed in the short, medium and long term. “After knowing Dawn for about 20 years across her FE career, I’m delighted to work much closer with Dawn in her year of Presidency of the Chamber.”

Sale of Boots back on the table as takeover bid proposed for US owner

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Sale of Boots back on the table as takeover bid proposed for US owner
The owner of Boots, Walgreens Boots Alliance (WBA), is said to be the subject of a more than $10bn takeover bid. It is understood that the deal would see private equity firm Sycamore Partners launch a fresh search for a new owner of Boots if it succeeds in taking WBA private, as reported by Sky News. It follows a previous string of aborted attempts to sell the Nottingham business, and could see Italian dealmaker Stefano Pessina play a central role in the Boots carve-out. Pessina has led a number of deals involving Boots and holds around a 17% stake in WBA. WBA has failed to sell Boots a number of times over the last few years, starting talks with bidders only to conclude that offers did not reflect the health and beauty retailer’s value. Boots has over 52,000 team members and around 1,900 stores, ranging from local community pharmacies to large destination health and beauty stores.

New student accommodation plans recommended for approval at Nottingham’s Island Quarter

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New student accommodation plans recommended for approval at Nottingham’s Island Quarter
Plans for the construction of new Purpose-Built Student Accommodation (PBSA) as part of Phase 2B of the Island Quarter in Nottingham have been recommended for approval ahead of a planning committee meeting next week. The application comprises 394 student bedspaces arranged within a ‘V’ shape building, split into four adjoining ‘blocks’ of between seven and 11 storeys. The building would stand at the back edge of City Link and Manvers Street with a private courtyard to the rear. Of the 394 bedspaces proposed, 313 of these would be provided within cluster flats and the remaining bedspaces within single occupancy studios. This is the second phase of student accommodation at Conygar’s Island Quarter, with construction completed at the 693-bed Winfield Court this year. The Island Quarter could eventually be home to more than 1,000 students from the University of Nottingham and Nottingham Trent University.

Music festivals at Catton Park calling for urgent infrastructure investment

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Music festivals at Catton Park calling for urgent infrastructure investment
The three festivals staged at Catton Park – Bloodstock Festival, Bearded Theory and the Derbyshire Sausage and Cider Festival – are shining a spotlight on the positive impact these long-standing events have on the local economy. An independent survey reveals that these three award-winning festivals contribute over £16 million annually to the regional economy, amounting to £160 million over the next decade. This economic contribution is under threat due to ongoing infrastructure challenges, particularly the state of the historic Chetwynd Bridge – the primary access route to Catton Park and its surrounding communities. Chetwynd Bridge, a Grade II*-listed structure built in 1824, is no longer able to support the volume of modern traffic it endures today. Due to its historic significance, English Heritage has stated that the council cannot carry out the recommended work needed to make the bridge more structurally sound, resulting in the need to build a new bridge. Width and weight restrictions have already been implemented, causing significant disruption to not only the events, but to local traffic and business, especially farming. Emergency services are also affected, given the width restriction of the Bailey Bridge at Walton. Plans for a new alternative bridge (with Chetwynd Bridge preserved for cyclists and pedestrians) have already been discussed, but local authorities say they lack the funds to progress with construction. “The success of the events at Catton, which bring in a significant amount of money to the local economy, are in a large part, due to the easy access to Catton Park from the A38, which does not disrupt any local villages,” said Ollie Neilson, landowner of Catton Estate. “If the Chetwynd Bridge were to close, traffic would be diverted through rural communities in Staffordshire and Derbyshire, causing significant disruption to residents and event attendees alike. The potential economic and community impact of inaction is staggering.” Bloodstock Festival and Bearded Theory have taken proactive measures to minimise strain on the local infrastructure. Both festivals have extended their arrivals over two days, spreading out traffic to reduce congestion for local residents and alleviate pressure on the ageing bridge and surrounding roads. While these measures help mitigate immediate issues, the long-term solution lies in building a new bridge that meets the needs of today’s traffic demands. Bloodstock Festival, Bearded Theory, and the Derbyshire Sausage and Cider Festival are jointly urging local authorities, national policymakers, and other stakeholders to prioritise funding for the construction of a new bridge. The festivals collectively highlight how the £16 million annual income they generate every year far exceeds the estimated cost of building a replacement bridge, a project that would pay for itself many times over. None of the events wish to have to relocate or discontinue, depriving the local area of this crucial income, but fear they may soon be backed into a corner with little choice. When so many independent festivals are closing every year – the latest report from the Association of Independent Festivals detailed 72 closing in the UK in 2024 alone (and a total of 204 since 2019) – factors such as local infrastructure remain critically important to their survival, whilst they face a sea of other challenges. “As festivals, we are not just about music, food, and community spirit – we are engines of economic growth for the region,” adds Rachael Greenfield, Director of Bloodstock. “This is not just about preserving access to Catton Park and our individual events; it’s about securing the future of the many local businesses, jobs, and services that depend on these events. The time to act is now.” The festivals are calling on the community to join them, to amplify their voices, and urge policymakers to prioritise this critical infrastructure investment.

Wavensmere completes £65m of apartments at Derby’s Nightingale Quarter in 2024

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Wavensmere completes £65m of apartments at Derby’s Nightingale Quarter in 2024
Close to half of the 800 apartments at Wavensmere Homes’ £175m Nightingale Quarter development in Derby city centre have been completed and handed over to purchasers during 2024. Located within three individual residential buildings, the 368 new homes equate to £65m. The regeneration specialist commenced the redevelopment and restoration of the former Derbyshire Royal Infirmary four years ago. 125 two and three-bedroom townhouses were sold off-plan and handed over to purchasers between 2021-3. The majority of the 800 apartments sold ahead of the build schedule, with residents taking occupation from 2023 onwards, within seven apartment buildings located across the 18.5-acre site. Donna Smith, Sales Director for Wavensmere Homes, said: “Some people might not have shared our bold vision for Nightingale Quarter back in 2020 when we first broke ground, but now it’s a proud reality. This hugely successful development has created a new community of all ages, leaving a £175m legacy in the process. “There are growing families, school-aged children, hard-working professionals who work locally, those who regularly commute to London, and retirees living here. The completion of our CoVo serviced apartment building earlier this year also enables us to accommodate those staying in the city for a few days or more. “We are now at the final furlong of matching these wonderful, energy-efficient homes with purchasers. With only 18 one- and two-bedroom apartments left, we are weeks away from selling out. That will be an incredible milestone for the whole Wavensmere team and the city of Derby. “The redevelopment of this iconic former hospital has been the catalyst for city living here. Now it’s the last chance to buy on this very special – virtually completed – development.” The Pepperpot restaurant – situated at the heart of the residential scheme in a restored fine terracotta former hospital building – opened in February 2024, receiving high acclaim from food critics and local residents. In April, Sir Keir Starmer and Angela Rayner enjoyed meeting with Nightingale Quarter residents and the construction team. Then in June, Sir Tim Smit of the Eden Project unveiled the community garden, designed and planted by Down to Earth Derby and residents. Pepperpot South opened as the marketing suite for the 925 houses and apartments in 2022. With 98% of the homes now sold, the building has been re-purposed as a fully-equipped gym for residents’ use. On the ground floor of Fox House, which is at the opposite side of the development, an expansive co-working space is also operational. 103 apartments located within Nightingale Quarter’s final Walton House building on London Road are currently under construction, with completion set for late 2025. The five-storey red-brick £20m building will feature solar PV roof panels, with battery storage, to enable the green energy generated on site to be captured and used to power a proportion of the building’s electricity use. The Derbyshire Royal Infirmary opened in 1894 and closed 15 years ago. The Florence Nightingale-designed former hospital had lain derelict for a decade prior to Wavensmere Homes’ acquisition and start on site in 2020. While the vast majority of the Victorian hospital had been bulldozed, Wavensmere pledged to save and restore the imposing pepperpot buildings, despite one being previously consented for demolition.

East Midlands restructuring and insolvency expert joins Rothera Bray

Tess Egginton
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East Midlands restructuring and insolvency expert joins Rothera Bray
Rothera Bray has expanded its team with the appointment of Insolvency and Corporate Recovery specialist Nicky Calthrop-Owen. Nicky joins Rothera Bray as a consultant based at the Lace Market office, bringing a new area of expertise by offering dedicated insolvency and restructuring services to the firm. A highly regarded restructuring solicitor, Nicky is renowned for her contentious litigation and advisory work in the insolvency and corporate recovery arena. Her track record includes involvement in some of the East Midlands’ largest restructuring cases. She has consistently been recognised as a ‘leading individual’ by the prestigious Legal 500 and Chambers legal directories. Most recently, she was named in the 2024 Legal 500 Hall of Fame and has maintained her ranking in Chambers and Partners UK Midlands Restructuring/Insolvency for an impressive 20 years. Nicky brings a wealth of experience advising clients in complex insolvency and restructuring matters. Her portfolio includes high-profile referrals where directors and stakeholders have sought her counsel to navigate intricate challenges, achieve optimal outcomes, and ensure compliance with legal obligations. Over the years, Nicky has acted for insolvency practitioners and stakeholders nationwide, delivering substantial recoveries for creditors who have suffered significant losses. Further enhancing her exceptional credentials, Nicky has acted in the peer-to-peer and alternative finance sectors, representing lenders and Security Trustees in recovery actions and complex fraud cases. Additionally, she has advised professional partnerships on their obligations and risks in insolvency matters and provided counsel in partnership disputes. Nicky’s appointment follows a series of strategic moves by Rothera Bray this year, including the arrivals of Corporate Partner David Kaplan and Dispute Resolution Consultant Kendal Litherland in April and May, respectively, as well as the launch of a new licensing team in May and the firm’s merger with Massers Solicitors in October. Commenting on her appointment, Nicky said: “I’m delighted to have joined Rothera Bray and am looking forward to working with them to develop the restructuring and insolvency expertise at the firm to complement their continued strategic development.” Christina Yardley, CEO of Rothera Bray, said: “We are thrilled to welcome Nicky to the team. Nicky’s exceptional reputation and unparalleled experience make her a perfect fit for our firm. Her ability to navigate complex matters and deliver results aligns with our commitment to providing the highest quality legal services. “Nicky’s appointment, alongside our other key hires and our recent merger, represents our unwavering focus on innovating for the benefit of our people and clients.”

Shorts appoints new Tax Partner

Tess Egginton
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Shorts appoints new Tax Partner
Shorts has appointed Craig Walker as Tax Partner, joining existing Tax Partners Chris Chambers, Scott Burkinshaw, and David Robinson in leading the firm’s tax offering. Responding to a decade of sustained growth, the appointment of Shorts’ fourth Tax Partner supports their continued commitment to growing the Tax department and underpins the firm’s continued development and strength. An experienced Chartered Tax Adviser and member of the Society of Trust and Estate Practitioners, Craig has over 20 years of tax experience at large regional firms and a top 15 firm, and he rejoins Shorts twelve years after previously completing his early tax training at the firm. An enthusiastic advocate for his hometown of Chesterfield, Craig will be based out of the firm’s offices at Ashgate Road and will advise clients on all areas of UK taxation with a particular focus on Private Client work. Going forward, his role will transition progressively towards taking a more active role in the leadership and strategy of the firm, in particular within the Private Client team as Chris Chambers moves towards retirement. Craig said: “I am thrilled and honoured to be joining the team at Shorts, during such an exciting time in the firm’s growth and history, and I am proud to take this next step on my professional journey. I am very much looking forward to working with the leadership team, and to help drive forward the continued success of such a highly respected firm and exceptional tax team.” Chris Chambers, Senior Tax Partner at Shorts, said: “Craig’s passion for Chesterfield and our wider region, experience and expertise makes him a great appointment for Shorts, and it is testament to the strength of the firm that we can attract an individual of Craig’s calibre. “Craig will focus on Private Client advice as well as Business Tax matters as required, using his experience of having previously provided the full range of tax advice to a similar client base to ours. Craig will be a fantastic addition to our partner group whilst also forming an important part of our succession planning. “I am confident that with Craig on board, the firm will continue to go from strength to strength.” Scott Burkinshaw, Tax Partner, added: “I am delighted that Craig has agreed to join us at Shorts. We have enjoyed significant growth over the last decade and have ambitious plans for the future, and this appointment further strengthens our position as we head into the next chapter of our long history.”

National Lift Tower revamped to boost Northampton’s innovation legacy

Tess Egginton
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National Lift Tower revamped to boost Northampton’s innovation legacy
A Training and Research Centre located in the world’s tallest drainage testing installation, The National Lift Tower, in Northampton, has undergone a major refurbishment in a bid to improve and enhance the state-of-the-art facility. The Training and Research Centre serves as a hub for innovation in high-rise plumbing systems. It is run by fluid management solutions company, Aliaxis UK, which is utilising its vast experience to maximise the training potential and enhance the learning outcomes for the wider industry. The site offers a range of capabilities essential for advancing high-rise building solutions, helping to test drainage, waste, and ventilation systems, including gravity drainage and hot and cold solutions. The Aliaxis Training and Research Centre also features the world’s tallest drainage testing installation – a 75m soil stack, which can recreate 40 flushes within the system to test real-life situations. As part of the revamp, the Training and Research Centre has been upgraded to facilitate hands-on practical training, as well as CPDs on active drainage ventilation delivered by industry experts. Barry Stubbs, Technical Training Academy Manager for Aliaxis UK, said: “We pride ourselves on delivering best-in-class training and CPDs and felt the Training and Research Centre’s interior needed to reflect that. As a result, the revamped interior now has new decor, furniture, and facilities, providing a dedicated training space and modern meeting rooms.” With exceptional technical capabilities, the facilities housed within the National Lift Tower attract industry professionals from across the globe, including building regulation inspectors, consultants, designers, international developers, M&E contractors, main contractors, and public health engineers. Dave Thomas, Head of Technical Support Services for Aliaxis, said: “These experts visit our centre to conduct research, development, testing, and to receive practical training and upskill their knowledge across various industries, strengthening its role as a central hub for innovation. “We look forward to welcoming visitors who want to see it for themselves, and have the opportunity to watch high-rise drainage in action with a live demonstration or by joining a CPD session.” Built by the Express Lift Company, the structure, previously called the Express Lift Tower, was used as a lift-testing tower. It was commissioned in 1978 and officially opened in 1982, and has been a Grade II Listed Building since 1997.
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