How your East Midlands business can get the edge over the competition
According to recent local reports, there’s good news and bad news for new businesses in the East Midlands. The bad is that the total number of new companies starting up in the area has decreased by over 7%, but the positive to this is that the overall number of new firms is still quite strong, despite UK-wide economic uncertainty.
At the same time, these new companies pose a challenge for any other startups or existing businesses looking to improve their performance, in that there’s more competition out there at a time when consumers don’t have as much disposable income. So looking at ways to give your company the edge over others, has never been more important.
Here are a few ways you can go about this:
Have a strong online presence
You’d be hard-pressed to find a business today that doesn’t have a website and in many ways it’s now an expectation. As such, your firm’s website should reflect the quality of your goods or services. Plus, a strong website can also be an effective means of converting more ecommerce customers, so it’s worth investing in something quality, as it may well pay for itself as more users head to your site to make purchases.
Streamline internal processes
If you’re looking to cut down on time-wasting and unnecessary expenses, you may also want to digitise some of your internal processes. Everything from automated payroll software to remote working and training portals, live chat customer services and much more can be found these days, each with the potential to bring invaluable efficiencies to your operations.
Make the most of your customer feedback
They say “the customer is always right” and while that might not strictly be true in all aspects of business, what is certain is their feedback can be a useful tool to help you grow and improve. Consumer insights can give honest thoughts on what you’re doing well or where you could be doing better to convert or support them. So be sure to ask for their comments, whether it’s in-store, online or even as an email marketing competition.
Partner with other firms
Sticking with old adages – “if you can’t beat them, join them.” This of course won’t work in all sectors, but if used strategically, you can find another company to work with in a way that’s mutually beneficial. One example could be if you offer online marketing services, you could partner with a web development company to then promote the sites they build. Platforms like LinkedIn can be great for finding such connections in and around the area.
Get recognition
Another great way to differentiate yourself from others is to have awards and badges that show you’ve been recognised for the quality of your work or expertise in your sector. You may have to pay to enter these, and it can be an effort to put an entry or case study together, but the positive PR and the positive impact you can have on your brand could significantly increase your chances of converting customers.
Final thoughts
To return to a key point mentioned above, today’s markets – whether in the East Midlands or further afield – are challenging, but it’s you that needs to rise to this challenge. So give some or all of the above some thought and be sure to try some out. The last thing you should do is rest on your laurels, as it’s more than likely your competitors will also be looking at how they can get the edge over you as well.
Private equity firm invests in replacement vehicle parts supplier
Radial Equity Partners has invested in Rimmer Bros, a Lincolnshire-based supplier of replacement parts for UK marque vehicles, including Jaguar, Land Rover, MG, Mini, Rover and Triumph.
Founded in 1982, Rimmer Bros maintains a comprehensive product library of over 50,000 SKUs sold primarily on a direct-to-consumer basis. The company has approximately 80 employees working out of its operation in Lincoln.
Radial has simultaneously invested in Moss Motors, a U.S.-headquartered aftermarket supplier of parts for British cars, to form “a leading, global specialty supplier of restoration & replacement parts focused on British vehicle brands.”Bill and Graham Rimmer, founders of Rimmer Bros, said: “The merger of these highly complementary businesses creates a global business with immense R&D, sourcing, marketing and distribution capabilities to better serve our loyal customers.”
“We are excited by the opportunity to carry on the great legacies of these two family-owned businesses,” said Jim McDonough, partner of Radial. “We are committed to continuing to provide leading service to customers as well as expanding the offering of parts solutions across existing British brands as well as new vehicle marques.”
New homes for rough sleepers funded by music open
Former rough sleepers in Nottingham are about to make their home in new accommodation named in honour of local businessmen whose vision provided the funds to make the building possible.
At a ceremony on Monday 22 April the block of eight purpose-built flats in Hyson Green was officially named Akins House after George and Sean Akins – the directors of Nottingham-based live music promoter DHP Family.
Beginning in 2018 they masterminded the development of Beat The Streets – the annual one-day music festival dedicated to raising funds to support work with local rough sleepers by the charity Framework. Funds raised from tickets, bar sales and merchandising at each festival have been used in a variety of ways to house and support rough sleepers.
The £89,500 raised at Beat The Streets in January 2023 was essential in enabling the £1.4m building project to go ahead: the money completed the funding required for the project at a time when prices were rising steeply. It was the first time that Beat The Streets funds had been used to support a capital project.
Work began on the building last summer and has recently been completed. The flats will be occupied in the coming days, offering a permanent home with personalised support to help each resident live independently. This includes access to drug, alcohol and mental health support and employment guidance.
In addition to DHP’s support with the building cost, Framework corporate supporters at local Tesco stores have fundraised to contribute welcome packs to make each resident feel more at home.
Framework’s Deputy Chief Executive Claire McGonigle said: “The contribution of DHP Family to our work with rough sleepers in Nottingham since 2018 has been remarkable, vital and unprecedented.
“Never before has a private business supported our work in this way or to this extent. Nearly £500,000 has been raised through DHP’s award-winning music festival Beat The Streets. These funds have been used in a variety of ways and have helped to change hundreds of lives for the better.
“The Streets festival ensured that we had all the funds in place to proceed with the project for eight flats for former rough sleepers at Birkin Avenue. Without these funds the project could not have gone ahead.
“It is therefore fitting that the name of the new premises should celebrate the vision of DHP directors George and Sean Akins in creating Beat The Streets.
“In naming our new accommodation Akins House we are also paying tribute to the thousands of people who have bought into George and Sean’s vision for Beat The Streets over the years and played a part in making each year’s event such a special occasion – the staff at DHP; the hundreds of bands, solo artists, technicians, stewards and administrators who so generously give their time and talent; and the large and enthusiastic audiences who come along each year. Thank you to all of them.
“We are also most grateful for the core capital funding from the government’s Rough Sleeping Accommodation Programme and for Nottingham City Council’s support for the project overall.”
Managing Director of DHP Family, George Akins, said: “Everyone at DHP is proud of the funds we have raised for Framework since starting Beat The Streets in 2018. Contributing towards permanent accommodation is a great achievement, and we’re very pleased to see the tangible difference the festival is making to the lives of local homeless people.
“With our total raised almost at £500,000 now, we look forward to continuing to support Framework’s important work. Thank you to all the artists, attendees and staff who have contributed time, effort, and money to make our fundraising so successful.”
In the five years since the first Beat The Streets festival in 2018 nearly £500,000 has been raised in total. In 2022 Beat The Streets received national recognition by winning the Sarah Nulty Community Impact Award at the UK Festival Awards.
Several hundred homeless people have received support which has been fully or partly funded through Beat The Streets. This has ranged from providing emergency shelter, urgent health assessments and periods in specialist supported housing, through to resettlement plans and permanent homes with personalised support.
This integrated approach aims to set people up for success and prevent them from falling back into the cycle of repeat homelessness.
Commenting on Tesco’s continued support, Darren Print, Store Manager at Tesco Toton Extra, said: “Stores across Nottingham and Derbyshire wanted to come together to support a single cause and the work of Framework really stood out to us.
“Through a series of fundraising activities and the hard work of colleagues and our generous customers we’ve been able to provide vital support for the great work Framework does. We’re incredibly proud to have helped and hope this will go some way towards making a difference to people’s lives.”
Midlands construction firms fear they won’t last the year
Nearly two thirds of East Midlands and over a third of West Midlands construction firms are concerned they won’t be able to trade into 2025, according to a new report from business advisory firm FRP.
Of the senior decision makers surveyed across the Midlands construction sector, 64% of East Midlands firms and 38% of West Midlands firms aren’t confident that they will be able to trade through the next 12 months. The East Midlands are the most pessimistic part of the UK surveyed when it came to construction businesses’ prospects.
FRP’s data found that the regions’ businesses were finding it increasingly difficult to access funding, with a split field across the Midlands. While nearly two thirds (64%) of East Midlands businesses say they found it more difficult to secure necessary backing last year than the year before, only 38% of businesses in the West Midlands say the same.
Tax burdens were also a concern for businesses in both the East and West Midlands, with nearly half (48%) and half (50%) of firms, respectively, admitting they will struggle to pay their tax liabilities or any outstanding tax in full this year.
Meanwhile, 76% of East Midlands and 62% of West Midlands firms flag that political uncertainty in an election year is either causing them to delay investments or prompting clients to postpone commissioning new work.
East Midlands firms surveyed also say that factors such as supply chain disruption (18%) and the insolvency of sub-contractors or customers (18%) are likely to damage their prospects, while West Midlands firms cite factors like high interest rates (20%) and weak end-consumer demand (18%).
In response to the headwinds they face, a focus of East Midlands businesses will be renegotiating existing contracts (28% vs. 16% of West Midlands firms), while West Midlands firms will be looking to change suppliers to cheaper alternatives (36% vs. 22% of East Midlands firms).
Another split field across the Midlands was seen in revenue and profitability expectations. One in six (16%) East Midlands firms expect profitability to increase over the coming year, compared to last year, against 36% of West Midlands businesses that feel the same.
Similarly, just over one in nine (12%) East Midlands businesses expect to see revenue increase year-on-year, compared to 42% of their counterparts in the West.
Nathan Jones, Restructuring Advisory Partner at FRP in Leicester, said: “The results across the Midlands are concerning, but particularly so in the East.
“It’s possible that what we’re seeing here in terms of splits in trading optimism, and revenue and profitability expectations are the knock-on effects of the decision to cancel the eastern leg of HS2, which was particularly poorly received in the region.
“There are certainly a growing number of reasons for optimism, with green shoots beginning to show in the form of easing inflation and predicted interest rates cuts. Businesses in the region remain acutely aware of the threat of further supply chain disruption, however.
“Steps such as renegotiating contracts and shoring up local supply chains will be key for those looking to weather future headwinds.”
Across the UK, an average of 36% of firms surveyed say they lack confidence in their ability to trade over the next 12 months.
The North West (24%) follows the South West (20%) as the second-most optimistic construction sector, although still hosts a sizeable proportion of businesses fearing for their future, while the North East (45%) follows the East Midlands (64%) in reporting the largest proportion of firms pessimistic about their prospects.
New support launched in Midlands for youth entrepreneurship
Youth charity The Prince’s Trust has today launched an extension of its Enterprise programme in partnership with LDC to help young entrepreneurs sustain and grow their businesses through the first three years of trading, recognising the important role they play in driving economic growth, fostering innovation and shaping the future of the UK economy.
The Prince’s Trust and LDC have worked together to design and develop Enterprise Advance; a comprehensive package of support designed to increase the help available to young entrepreneurs as they navigate the early years of running their business. It will launch in the Midlands before being rolled out across the UK over the coming months.
Enterprise Advance is an extension of the charity’s existing Enterprise programme, which supports young people from all walks of life, including disadvantaged communities across the country, to launch their own businesses by equipping them with the confidence, skills and funding they need to do so.
LDC, the private equity investor that is part of Lloyds Banking Group, first partnered with The Prince’s Trust in 2019 to support the Enterprise programme and has so far helped almost 4,000 young people to turn their dreams into reality.
However, while the majority of businesses launched through the Enterprise programme are still trading, focus groups with Trust-supported entrepreneurs who launched businesses in 2020/21 revealed that many felt they could unlock latent potential and better sustain the growth of their business if they had access to additional tools and support.
Help with finding and managing customers, digital marketing and accessing finance were cited as three of the most common challenges young business leaders face.
Through Enterprise Advance, young entrepreneurs can access a designated mentor, structured business reviews to track progress against targets and ambition, workshops and networking opportunities.
It will help young entrepreneurs like Ruddington-based Olivia Swift. In 2019, Olivia launched her multi award-winning business, Lotus Maternity, which provides postnatal education, support and guidance to mothers and families. Olivia’s business also offers postnatal programmes for organisations to support colleagues, managers and new parents returning to work following parental leave.
Olivia said: “The Prince’s Trust has been with me throughout my entrepreneurial journey with Lotus Maternity. Sustaining my business and increasing the services I offer is crucial to its growth.
“Specialist support, networking and opportunities to access additional finance, all of which is offered as part of Enterprise Advance, is vital. It will make a real difference for many emerging businesses.”
David Bains, Partner and Head of East Midlands and East of England at LDC, said: “Young entrepreneurs play a vital role in the economy, both here in the East Midlands and across the UK.
“It’s crucial that we equip them with the necessary tools, skills and funding to grow and sustain their businesses. These individuals are driving innovation, progress and improvements in society, and they’re our next generation of business leaders.
“We have more than 40 years of experience in helping management teams across the UK to drive growth and realise their ambitions, and our partnership with The Prince’s Trust extends that commitment to young entrepreneurs from different backgrounds.
“Together with The Prince’s Trust, we’re creating a path for young business leaders that will empower them to contribute to the sustained growth of the UK economy.”
Jonathan Townsend, UK Chief Executive of The Prince’s Trust, added: “Since launching our Enterprise programme in 1983, we’ve supported more than 91,000 young entrepreneurs to kickstart their own businesses and that’s something we’re incredibly proud of.
“Enterprise Advance takes the support we can offer even further – it’s a flexible, broad-ranging programme that will help young entrepreneurs to go on and grow their businesses in those crucial early years after launching.
“It wouldn’t have been possible without the support and expertise of LDC. They are one of our biggest supporters at The Prince’s Trust and together we’re excited to help more young entrepreneurs to maximise the potential of their businesses.”
Enterprise Advance is being funded through LDC’s multi-million-pound partnership with The Prince’s Trust and has been created with the support of an advisory board consisting of LDC’s employees over the last 12 months.
Two units under offer as plans submitted for Derbyshire business park
The first two units have been placed under offer and a planning application has now been submitted for Foundry Business Park, a new development of industrial/warehouse units in Pinxton, Derbyshire.
The development will provide 10 units totalling some 50,000ft2, all available on a freehold basis. The units range in size from 4,232ft² to approximately 20,000ft².
Darran Severn, Director at FHP Property Consultants, says: “We are pleased to confirm that the first two units have been placed under offer on a build to suit basis, which is excellent news. In addition, a planning application has now been submitted for the first phase of units which will be available around Q2 2025.
“There is a continued shortage of freehold industrial/warehouse units across the region, and as a result we are in discussions with a number of local occupiers who have expressed an interest in the site. Once the units start to take shape I would expect to see even more interest and further sales being agreed.”
£100k charity event kickstarts 2024 appeal
The 4th annual Three Bunkers Challenge event has kickstarted fundraising as the event aims to reach its £100,000 target. So far, £40,000 has been raised and there is space for one more team to take part.
Established in 2020 by Elliot & Bev Cook from Simple Marketing Consultancy, which is based in Radcliffe on Trent, the ‘Three Bunkers Challenge’ is styled like the infamous three peaks mountain climbs, but involves 24 golfers playing 27 holes within 10 hours.
Whilst only a moderately physical feat, the logistical challenge is high as all players start at 7am at Morley Hayes Golf Club, then travel to Charnwood Forest Golf Club and conclude at The Nottinghamshire Golf & Country Club, reaching three corners of the East Midlands counties of Nottinghamshire, Derbyshire & Leicestershire, covering just over 70 miles.
This year, the event takes place on Friday 24 May 2024 and so far involves teams from Actons Solicitors, BFY Group, Fiscal Engineers, MAF Finance Group, Shakespeare Martineau Solicitors and Simple Marketing Consultancy. Each person commits to raising at least £250 for their team using a dedicated fundraising link and mobile phone app.
All money raised will be donated to the charity Big C Little C which was founded in 2019 by business entrepreneurs Andrew Springhall, from Breedon Electrical Fire & Security, and Colin Shaw, former Chairman of PKF Cooper Parry, who joined forces to create a charity that would encourage East Midlands businesses to organise events to raise money for Cancer Research, the NSPCC and other children related charities.
Elliot Cook said: “A recent study by CRUK says that the rate of improvement in the number of people who survive cancer has slowed significantly stating that the rate of progress was five times faster in the 2000s than in the 2010s and that lack of sufficient funding for research is largely to blame.”
He added: “Similarly, a child contacts the NSPCC Childline Help Services every 45 seconds and reported instances of abuse are also increasing, so events like this are crucial to helping these charities maintain funding to support research and care.”
The organisers also welcome support via online donations or gifting prizes which can be auctioned during the prize presentation. So far fourballs from Nuneaton Golf Club & The Nottinghamshire have been gifted.
The fundraising link is: https://givestar.io/ev/the-3-bunkers-challenge-2024
Modern Milkman delivers deal at Loughborough business park
Modern Milkman, the online grocery service, has expanded its East Midlands operations with a new storage and distribution hub.
The fast-growing company has taken a lease on Unit A at Charnwood Business Park in Loughborough in a deal completed on behalf of a private landlord by Thomas Szymkiw, Head of Agency at NG Chartered Surveyors.
Modern Milkman, which was founded in 2018, delivers milk and soft drinks in reusable glass bottles, as well as eggs, baked goods and more, connecting thousands of households to local farmers and suppliers in their community.
In March, the fast-growing company expanded into the US with an acquisition.
Thomas said: “Modern Milkman is a refreshingly modern company offering a traditional service – and we wish them well as they expand their business in the East Midlands.
“Our landlord client has an excellent tenant in a company that is really going places. This is a win-win for everyone involved.”
Strike threatened at University of Lincoln as over 220 jobs put on the line
Staff at the University of Lincoln are poised to take a stand against “brutal cuts,” with a consultation over potential strike action having begun.
The cuts involve over 220 employees, including one in ten academic staff, according to University and College Union (UCU). Cuts include the phasing out of the fashion degree and ending specialist support for widening participation students in the foundation studies centre. The centre’s teaching team have been notified their jobs are at risk.
Despite the most recent accounts showing that in 2022/23 the university ran a £3m operating surplus and had £46m in cash reserves, a directive was issued last week, underscoring the necessity to slash the budget by £30m by the end of the 2025 financial year, the UCU notes.
Some cuts have already been made with modern languages provision being shut down and eight staff losing their jobs.
UCU Lincoln acting chair Dr Rob Dean said: “It is simply impossible to slash so many jobs without severely impacting current students, future students and diminishing the university’s vital role as a cornerstone of regional education.
“Furthermore, not only are many people in danger of losing their jobs, but we are also extremely concerned that those remaining will be left with unmanageable workloads.
“Without a transparent assessment of past decisions and a commitment to accountability, there is a risk of perpetuating the same errors, endangering the institution’s future stability.
“However, the impact of this extends beyond the confines of academia. The local economy will also be affected. In a small city like Lincoln the number of proposed cuts threaten to undermine the socioeconomic fabric of the region, exacerbating existing challenges and inequalities.”
Chesterfield IT support business acquires counterpart
Central Technology, a Chesterfield-headquartered managed service provider (MSP), has acquired Leicestershire-based MSP, IT3000.
The acquisition marks a strategic step forward for both organisations, positioning them to deliver greater value to their customers.
Ian Snow, CEO of Central Technology, said: “We are delighted to welcome IT3000 to the Central Technology Group. Their approach, culture, and unwavering commitment to exceptional client experience align perfectly with our own values.
“By joining forces, we aim to leverage both organisations’ expertise and experience to enhance our offerings and meet the evolving needs of our clients.
“IT3000, known for its high-quality IT services, has been a trusted advisor for businesses since 2006. Their track record of reliability and customer satisfaction has made them a sought-after choice for organisations seeking responsive IT support and long-term strategic guidance.”
Sam Walsh, Operations Director at IT3000, said: “Teaming up with Central Technology allows us to tap into their scale, expertise, and additional resources. Our commitment to empowering clients through technology remains steadfast. Whether it’s day-to-day IT support or strategic planning, we are dedicated to ensuring our clients’ businesses thrive.”
Rushton Hickman makes associate director promotion
Rushton Hickman have promoted Jade Martin to associate director.
Having initially joined the company in August 2020 in an administrative role supporting the surveyors, Jade quickly progressed to undertaking a role within the property management section. Jade also began undertaking a Chartered Surveyor Apprenticeship through the University College of Estate Management.
Jade Martin said: “I am truly honoured to be promoted to associate director and I am grateful for the amazing opportunities which have enabled me to develop, both personally and professionally.
“Whilst I am thankful that my hard work and dedication have been recognised, I also feel lucky to be in a position where I can continue to learn from the best! This is a testament to Rushton Hickman as they provide the support, trust and guidance for their employees to progress.
“I am excited to take on this new role and continue contributing to the success of our team.”
Director at Rushton Hickman, Graham Bancroft, said: “It is amazing to see Jade progress through the ranks at the company from someone new to the industry to now an extremely talented and professional surveyor.
“Jade’s success has come from her hard work and determination and she has now established herself a strong portfolio of clients who she provides an excellent professional service to.
“Rushton Hickman prides itself on being a progressive company with a commitment to future talent and Jade epitomises all the values we look for and we are extremely proud of her and are delighted to acknowledge this with her promotion to associate director.”
Construction begins at Leicestershire’s first garden village
Construction has started at Leicestershire’s first Garden Village, Broadnook.
Announcing the launch of construction, the developers have unveiled a new roadside billboard as well as the installation of Hollywood-style 9ft lettering made from corten steel.
Raising a glass of locally grown Rothley sparkling wine was the Mayor of Charnwood, Councillor Margaret Smidowicz, alongside James Wilson, Managing Director of Davidsons Homes, and Steve Keenan, Construction Director at Cora Homes.
The creation of the new Garden Village includes plans for car-free zones, cycle paths, village square, community nursery and primary school, enterprise zones, allotments and open green spaces that will connect residents to the local landscape.
The project is backed by an investment of £32.6 million – of which over £17 million is being invested into local schools – creating more than 1,900 homes ranging from one to five bedrooms.
Mayor of Charnwood, Councillor Margaret Smidowicz said: “The launch of Broadnook Garden Village is a defining moment for the Borough of Charnwood as it celebrates its 50th anniversary.
“This thoughtful, innovative design offers a sense of ‘place’, encapsulating the heritage of the surrounding area but considers the long-term future for the new community as it develops.
“I recall the many consultation meetings and I am genuinely delighted and privileged to be part of this special occasion, which will prove to be an investment that provides more than simply houses.”
James Wilson, Managing Director of Davidsons Homes, said: “It is a privilege to be here, today, to officially launch the construction of Broadnook Garden Village – Leicestershire’s first Garden Village. Broadnook aims to bring the very best elements from all your favourite Charnwood villages into one purpose-built community.”
Luke Simmons, Managing Director of Cora Homes, added: “We’re proud to be co-creating Broadnook Garden Village and in doing so establishing a modern, connected community that will offer residents exceptional homes set among landscaped green areas with open walkways to exercise and immerse in nature.
“Broadnook will create local infrastructure, enterprise zones, community hubs and flexible working spaces – designed to meet the long-term needs of homeowners from today into the future. At Cora, we call it Creating Amazing Places.”
Taking its name from a local ancient spinney that runs through the site, Broadnook promises tree lined walks, parks, allotments, wildflower meadows, play areas, landscaped garden spaces and sports pitches. More than 50 per cent of Broadnook Garden Village will be devoted to green spaces.
Iain Pickering, Design Director at Davidsons Homes – and mastermind behind the reinvention of the Broadnook Garden Village concept – said: “We are creating Broadnook Garden Village without losing sight of how we all want to live: as part of a thriving community that feels modern and connected, yet firmly rooted in the beautiful nature that we are lucky enough to enjoy in Charnwood.
“As a local resident myself, it was important that we not only took inspiration from the history of Charnwood’s villages, but also looked to the future.”
He adds: “We have taken many of our design cues from the local Leicestershire landscape: our street signs take inspiration from our neighbours at Great Central Railway; our architecture takes careful reference from the beautiful, period house styles seen in Rothley, Quorn and Barrow upon Soar.
“Our tree lined walk, which is an integral element of our design, passes a nod to Leicester’s historic New Walk. Broadnook is firmly – and proudly – Leicestershire born and bred.”
Broadnook Garden Village will offer modern amenities, including plans for a community primary school, retail shops, care facilities and a new GP surgery. The village centre and amenities will, it is hoped, minimise the need for unnecessary use of a car within the Broadnook village.
It is expected that the Garden Village’s first residents will be welcomed in autumn 2024.
Wild Rutland names renowned local conservationist as advisor
Wild Rutland, the 1,200-acre wildlife and nature reserve planned for Oakham, has named local and renowned conservationist Tim Appleton MBE as an advisor to the project.
Best known not only as the instigator of the world-famous Rutland Water nature reserve, where as reserve manager he took it to international status, but also as the founder of the renowned former Birdfair started in 1989 which has so far raised over £42 million, Tim’s vast experience and credentials in working with nature has given him a keen understanding of the impact of populations on wildlife, which he now addresses as a committed supporter of sustainable eco-tourism.
His work in the field alongside his local expertise means Tim’s insight and advice are hugely valuable to Wild Rutland – which is aiming to sympathetically establish a wildlife, education and leisure destination that is a centre of excellence for conservation, breeding and research of extinct and threatened species in the UK.
Following Wild Rutland’s first public exhibition in March, where it revealed its early plans to residents, it is now developing its full planning application for submission to Rutland County Council later this year.
“Tim is a driving force in local conservation and it’s phenomenal that he is working with us as special advisor to the project,” said CEO Hugh Vere Nicoll.
“We are honoured to have him on board and his knowledge of the Rutland landscape and his passionate work in the area to protect indigenous species is exactly what we look to emulate at Wild Rutland.
“Our ambition is that Wild Rutland will be an exemplar model of a sustainable visitor attraction that puts conservation and education at the heart of its plans, geared towards healing our landscape and allowing a connection to the natural world.”
Tim Appleton said of the project: “I have been a resident of Rutland for over 40 years and the county is known for its rich association with British wildlife conservation.
“I am delighted to be on board as advisor to such an important project for the region which will contribute in a sustainable way to the natural beauty and existing biodiversity of the local area.
“Wild Rutland will open up nature to new audiences and work hand in hand with other visitor attractions in the area like Rutland Water, to ensure the county remains a leader in positive nature conservation tourism.”
ENSEK continues growth with 16 new hires
ENSEK, a retail energy SaaS software provider, is continuing its 2024 growth with the appointment of 16 new team members, taking its total new hires so far this year to 68.
ENSEK, which is based at Hounds Gate in Nottingham, works with energy suppliers and other utility companies to help them improve billing accuracy and customer service, as well as support new product innovation and the net zero transition through its digital platform.
With a workforce of over 430 people, its growth is as a result of the huge change in the energy sector, which increasingly needs agile technological solutions as it moves towards becoming more responsive, flexible and low-carbon.
The latest appointments are in ENSEK’s technology, finance and customer operations departments, as it continues to develop its digital offering to respond to the complex needs of the energy and wider utilities sector.
Commenting on the new appointments, Laura Handley, Head of HR at ENSEK, said: “ENSEK has experienced phenomenal growth over the past year, and the creation of 68 new permanent roles in 2024 alone demonstrates the demand for our services during what is a period of major transition for the energy sector.
“That said, although we have increased our headcount significantly, we remain committed to maintaining ENSEK’s core values, positive work culture and high employee satisfaction. We are proud to be a major employer in Nottingham, and look forward to working with our colleagues to continue our success.”
Acquisitive Ideagen makes second swoop of 2024
Nottingham-headquartered Ideagen, a provider of software solutions to regulated and high compliance industries, has strengthened its support to safety on the frontline with the acquisition of the innovative cloud applications company InPhase.
Specializing in developing comprehensive mobile applications for reporting incidents, conducting audits and ensuring quality assurance, InPhase’s solutions play a key role in healthcare and the public sector, notably within the UK National Health Service (NHS).
Speaking about the acquisition Ben Dorks, CEO of Ideagen, said: “InPhase work with those on the very frontline of some of our most critical services such as emergency responders and the NHS.
“These people, who hold our lives in their hands, need easy to use, accurate, mobile software that helps them carry out their tasks quickly, accurately and with the highest levels of safety and compliance. This is what InPhase does and they’re a perfect addition to the Ideagen suite of solutions.”
Echoing this sentiment, Robert Hobbs, the founder of InPhase, said: “Joining the Ideagen family marks a significant milestone in our journey, representing a momentous chapter in our ongoing story.
“We’re thrilled about the opportunity to leverage Ideagen’s global resources in support, infrastructure and heritage working with healthcare providers, government agencies and regulators.
“As part of Ideagen, our team is really looking forward to driving technological advancements in the healthcare sector and beyond. This isn’t just about expanding our reach; it’s about making a meaningful impact on regulated industries through innovative technology.”
Housing association agrees new funding with three lenders worth £284m
Savills Financial Consultants has helped Great Places Housing Group secure three new deals worth a total of £284m with Santander, NatWest, and ABN AMRO.
Funding of £109m and £100m has been agreed with existing lenders Santander and NatWest Bank, respectively. New partner ABN AMRO has lent 25,000-home Great Places £75m. All loans are revolving credit facilities (RCFs).
All three RCFs contain sustainability-linked performance measures which see a reduced interest rate in the event that Great Places meets agreed energy efficiency targets on new and existing homes.
The housing association will use the funds to continue to deliver its commitments to customers to invest in existing and new homes in communities across the North West, Yorkshire and Derbyshire. Great Places’ current plans include further increasing resources to improve property conditions and customer services, as well as the ambition to develop around 9,000 new affordable homes during the period 2020-2030.
Mike Gerrard, Chief Financial Officer at Great Places Housing Group, said: “We are delighted to continue and develop our relationships with NatWest and Santander and welcome ABN AMRO as a new banking partner.
“We received strong interest from the banking sector for this transaction and it is pleasing to move forward with sustainability-linked funding. Thank you to the Great Places team and Savills for their insight and support.”
Mike Roche, Director at Savills Financial Consultants, said: “There were a significant number of moving parts with these deals, so it is a testament to the Great Places team that they have been able to handle the process so diligently.
“The Savills Financial Consultants team has really enjoyed helping Great Places secure this increased financial capacity at the right pricing to help deliver their aims.”
Jane Johnstone, Senior Director, Housing Finance, Santander UK, said: “We are delighted to have supported Great Places in providing this sustainability-linked facility.
“This funding will ultimately facilitate improvement in existing housing provision and the continued development of much-needed, new, affordable homes. We are proud to work together with providers such as Great Places in this critical sector.”
Martin Skinner, Relationship Director at NatWest, said: “We are a major lender to the UK affordable housing sector and are delighted to continue to support the important work of Great Places in providing much-needed social housing to the region.
“The RCF structure, coupled with sustainability-linked performance measures, will lead to more energy-efficient homes across the North West, Yorkshire and Derbyshire.
“We are proud to have announced that in 2023 we completed nearly £3bn of new funding to help more people and families have access to housing. We support around 200 housing associations across the UK and are proud to announce our ambition to provide a further £5bn in funding to support the housing association sector by the end of 2026.”
Rutilio Merien, ABN AMRO’s Head of UK Coverage Real Estate, said: “We are delighted to start this partnership and provide Great Places with new funding facilitating its commitment to develop new homes as well as improving existing ones.
“ABN AMRO is pleased to further support the social housing sector and the inclusion of ESG-linked KPIs in our facility with Great Places resonates very well with ABN AMRO’s purpose and strategy. We look forward to building a strong and long-term relationship with Great Places.”
Alice Overton, Partner at Devonshires, said: “We are delighted to have advised on these transactions and to have supported Great Places in achieving its energy efficiency and wider sustainability ambitions.
“Great Places approached this with dedication and commitment, and the team was a pleasure to work with, alongside Savills, all resulting in a great outcome for the business.”
The transaction was also supported by Addleshaw Goddard and the valuation team at Savills.
EMEC Ecology bolsters expertise with double appointment
East Midlands Environmental Consultants (EMEC), headquartered in Nottingham, strengthens its ecology team with the recent appointments of Chloe Newberry and Athina Constantinou.
These appointments coincide with EMEC’s strong start to 2024, marked by significant contract wins and proactive measures to comply with Biodiversity Net Gain (BNG) legislation changes which became mandatory in February 2024.
Chloe Newberry joins EMEC as an Ecologist, tasked with conducting Ecological appraisals, protected species surveys, and BNG calculations for potential commercial developments. She is actively pursuing licenses for Bat and Great Crested Newts.
Joining EMEC as an Ecologist alongside Chloe is Athina Constantinou. Athina, who holds a BSc (Hons) degree in Biological Sciences and an MSc in Ecology and Evolutionary Biology from Queen Mary University of London, brings extensive experience in conducting protected species surveys, project management, and report writing.
Leveraging her expertise, Athina assists EMEC’s clients in navigating new legislative measures to ensure environmentally responsible development practices, thereby enhancing the natural environment and mitigating potential ecological damage.
Additionally, she holds a Natural England Class 1 Great Crested Newt license and is an Associate member of the Chartered Institute of Ecology and Environmental Management.
Expressing her enthusiasm at her new role, Newberry remarked: “I wanted the opportunity to join a company that was closely associated with the Wildlife Trust, and work on some different projects and get involved more with one of my interests which are terrestrial invertebrates.”
Constantinou shared similar sentiments stating: “I was looking for a company that would give me a healthy work life balance, but also enable me to work in a sector that I truly care about. EMEC ticked all the boxes and I can’t wait to help contribute to a more sustainable future.”
On behalf of EMEC, Consultancy Director, Ed Tripp added: “I am thrilled to welcome Chloe and Athina to the team during a period of huge excitement. BNG legislation changes represent a great opportunity for us all in the Environmental sector and our role as the consultant ecologist is as much about protecting habitats as it is about offering added value advice to the developer and landowners, so that the communities they create, incorporate diversity.”
As a subsidiary of Nottinghamshire Wildlife Trust, EMEC directs all profits through gift aid to the Trust, supporting nature conservation efforts. Over the past three decades, EMEC has donated over £1 million, financing habitat conservation projects and wildlife conservation initiatives managed by Nottinghamshire Wildlife Trust.
Five deals complete at £23m urban logistics development near Leicester
Five transactions have taken place at Genesis Park in South Wigston, near Leicester, including a 6,000 sq ft unit to healthcare automation solutions and service provider Deenova.
Genesis Park is a 128,180 sq ft urban logistics scheme delivered and owned by developer Chancerygate and comprises 15 units ranging between 4,800 sq ft to 18,570 sq ft. It has a gross development value in excess of £23m.
Deenova is a supplier of combined robotic and automation solutions for closed loop medications and medical devices traceability in the healthcare industry. In the UK, it works with the NHS to deliver pharmacy automation solutions which simplify the management of medications and medical devices.
The company has signed a 15-year lease on the unit. Deenova’s other UK office is located in East Sussex and it also has offices in Italy, Spain, France and Malta.
In addition to the letting to Deenova, the unit has also been sold to Sandpiper Formulations Limited Pension Scheme for an undisclosed sum.
Unit 5, which has been let to healthcare company Fresenius Medical Care, has been acquired by Key West Holdings Limited for an undisclosed sum.
Two further units have been recently sold to owner occupiers at Genesis Park. Unit 1, which extends to 9,000 sq ft has been sold to Personal Homecare Pharmacy Limited and Unit 15, a unit of 10,000 sq ft, has been sold to F2 Medical Pension Scheme, both for undisclosed sums.
Five of the units at Genesis Park have now been sold, whilst the 6,750 sq ft Unit 11 has also been placed under offer on a freehold basis.
The nine remaining units at the development range from 4,800 sq ft to 9,875 sq ft and are available on a freehold or leasehold basis.
Chancerygate’s senior development director, Matthew Connor, said: “We’re very pleased to have completed on these recent deals at Genesis Park, showcasing our expertise in working with prospective occupiers on both a freehold and leasehold basis.
“We have experienced a sustained high level of interest in the development and there is strong interest from occupiers in the medical sector given the scheme’s close proximity to Leicester Hospital.
“We encourage any parties interested in taking space at the scheme to get in touch for more information.”
The agents for the scheme are Sutton Phillips, Avison Young and JLL.
Foreign investment in East Midlands businesses falls
Specialist business lawyers at Irwin Mitchell are calling on the government to continue its support for Investment Zones and freeports following new figures which reveal that interest in businesses in the East Midlands from overseas corporate investors has stalled.
The law firm has analysed industry data and says although the UK continues to drive significant interest from foreign buyers, the number of UK firms in the East Midlands which were targeted in an overseas deal, such as an acquisition or management buyout, fell to 27 last year compared to 34 in 2022.
The research says foreign investment in the UK is increasingly concentrated in London and the South East, with these areas accounting for 42% of deals in 2023, up from 35% in 2019.
Bryan Bletso, partner at Irwin Mitchell and a specialist in advising overseas businesses that are looking to invest in the UK, said: “Despite the dynamic nature of global investment patterns, this data underscores the enduring economic significance of London and the South East in attracting international business interest.
“Our research does however also highlight that investment activity in this traditional FDI hotbed is increasing whilst in other regions, such as the East Midlands, deal activity has been rising steadily over the last five years but reduced in the most recent 12 months.”
Foreign Direct Investment (FDI) refers to an investment in an enterprise operating in a foreign economy, where the purpose is to have an ‘effective voice’ in the management of the organisation. According to the latest ONS data, FDI into the UK has increased year-on-year for a decade to stand at over £2 trillion by 2021.
Last November, Conservative peer Lord Harrington published a report which called for a change of approach by the government in terms of attracting FDI. The report made several recommendations and the government accepted in its response that it needed to work more collaboratively with local government and public and private stakeholders.
The UK Government also say that Freeports and Investment Zones are a part of their FDI strategy.
Announced in 2023, Freeports are designed to boost economic activity and the ‘levelling up’ agenda by fostering trade, investment, and job creation around maritime ports and airports. Companies operating within freeports can enjoy reduced property taxes and national insurance rates.
The East Midlands Freeport was announced in 2021 and features three main sites: the East Midlands Airport and Gateway Industrial Cluster (EMAGIC) in North West Leicestershire, the Ratcliffe-on-Soar Power Station site in Rushcliffe in Nottinghamshire and the East Midlands Intermodal Park (EMIP) in South Derbyshire.
The government is committed to establishing 13 Investment Zones across the UK, including one in the East Midlands. The expectation is that many of the zones and tax sites within them will go live in Spring 2024 but so far Liverpool is the only one to have officially done this, announcing details of its proposition at MIPIM.
Bletso added: “Government initiatives such as freeports and investment zones could be a gamechanger for providing favourable conditions for businesses based in the East Midlands, attracting more interest and investment in the UK from abroad, and levelling up the economy.
“Making the UK the top investment destination in Europe, attracting new investment into communities and helping to level-up the country, is one of five key priorities for the Department of Business & Trade. Providing tailored support for each investment zone and promoting our offering in this area on an international stage is a crucial part of this.”
Irwin Mitchell published a report last summer which examined the most attractive locations in the UK for FDI. Inner London secured top spot due to its local skills, large economically active population, and many well-respected universities.
In the report’s ‘FDI Attractiveness’ league table, Derby came 27th, ahead of Leicester in 32nd place and Nottingham which came 36th.
Property consultancy boosts Midlands agency team
A property consultancy has strengthened its Midlands agency team after two new hires joined the business.
James Cardon has joined Fisher German’s agency team at its Ashby office as a Sales Manager following a seven-year career in the property industry.
He joins Fisher German alongside Stacey Greatorex, who joins the team as a Sales Coordinator to support the team.
James will be marketing residential property in and around Leicestershire, Derbyshire, and Staffordshire in his new role.
He said: “I’m really pleased to have joined Fisher German at what is a busy time in the Midlands residential market.
“Before I joined Fisher German I worked for a number of years at a local estate agents in Burton-upon-Trent, which gave me a great grounding in my career, but I wanted to move onto something bigger and better.
“When the opportunity came up at Fisher German, I thought it was a great chance to join a larger, multi-disciplinary firm with great presence across the Midlands and nationally.
“I’m looking forward to helping the Midlands agency team go from strength to strength, and I’m confident of hitting the ground running.”
Stacey added: “It’s fantastic to be starting at Fisher German – I’ve had a keen interest in property for a long time so I’m very excited to support the Midlands agency team in achieving its expansion.
“Fisher German has a reputation for supporting its employees and their careers, so I was delighted to secure the role. And since starting, the team have been very welcoming and have enabled me to settle in quickly, so they are practicing what they preach.”
Thomas Blake, who leads Midlands Agency at Fisher German, said: “James and Stacey are excellent additions to the team, blending experience and enthusiasm.
“The Midlands’ market is on an upward curve at the moment, so both of them have joined at a great time for the sector/region.
“We’re excited to see how well they will complement the team and drive it forward over the coming months and years.”
