The demolition of the former Council Offices in Coalville has begun, starting a major regeneration project to create Stenson Gardens – a new public space and residential development.
While the older building on the site, Stenson House, will remain in civic use for weddings and council meetings, the areas around it will be redesigned to include housing and public space. The project is part of North West Leicestershire District Council’s (NWLDC) regeneration framework for Coalville, which aims to revitalise the town centre through improvements to public spaces, an expanded leisure offering, improved connectivity, and regenerated buildings. The plans show a transformation of the area into a green space with features including a fountain, terraced seating, woodland play trail, and climate-resilient planting. Members of the public have been invited to view and provide feedback on the initial plans for Stenson Gardens at a public drop-in event on Wednesday 8 October, from 3.30pm to 8pm at Stenson House. The plans are also available online. The 12-week phased demolition of the former Council Offices building will be carried out by specialist contractors Cawarden, starting with internal work before moving to controlled external dismantling and site clearance. Councillor Richard Blunt, leader of NWLDC, said: “As with everything we do in Coalville, we’re looking for quality development that will be another step on the regeneration journey. The redevelopment in this part of Coalville has long been on our agenda, so it’s exciting to finally be able to share the plans with local people and get feedback. “The move out of the Council Offices has been a success for us – our staff now work from a smaller, more efficient, building – and has unlocked this site for much needed residential. I’d encourage people to come along to the drop-in session in October or look at the plans online, give us your feedback and help us shape the future for Coalville.”Phenna Group snaps up Australian building surveying company
Shawpak secures £500,000 funding to expand medical packaging operations
Shawpak, a Derby-based manufacturer of specialist packaging machinery for the medical sector, has secured £500,000 in funding through the Midlands Engine Investment Fund II (MEIF II).
Founded in 2013, Shawpak develops compact thermoforming machines that produce components for radiotherapy masks, hospital beds, MRI machines, and other medical devices. Its rotary thermoforming technology reduces floor space, speeds up tool changes, and minimises material waste, supporting efficiency and operational continuity for global clients.
Shawpak became independent following the sale of Riverside Medical Packaging in January 2024. The company holds ISO 9001 certification, and its electrical engineers are accredited to design and manufacture electrical panels under UL 508A standards. Shawpak operates a worldwide spares and service network from its Derby base, supporting several major medical device manufacturers.
The MEIF II funding will enable the company to move to a larger, modern facility, expand production capacity, accommodate bigger machines, and scale service and spares operations. CEO David Shaw said: “This investment marks an exciting new chapter for Shawpak. With the support of Maven and the Midlands Engine Investment Fund II, we can expand into a facility that will allow us to increase capacity, deliver even greater innovation, and continue supporting our customers worldwide.”
The deal was introduced to Maven by Copper Swan advisers Ben Lavin and Mark Jones. MEIF II – Debt Finance East and South East Midlands provides business loans from £100,000 to £2 million and has previously backed companies across construction, DeepTech, logistics, and commercial services.
Work completes at 120-home scheme in Gedling
Up to 125 jobs cut at North Lincolnshire refinery
Lindsey Oil Refinery in North Lincolnshire is set to reduce its workforce by up to 125 positions following the collapse of owner Prax Group and the appointment of administrators. The refinery employs approximately 420 staff and 500 contractors. Around 255 employees are expected to remain on site.
Attempts to secure a buyer to maintain full operations have been unsuccessful, despite at least two bids being submitted to operate the refinery with its complete workforce. The site remains operational and meets health and safety standards, with administrators prioritising both employee welfare and ongoing sale efforts.
The Insolvency Service confirmed that employees affected by redundancies will have access to statutory redundancy support. An investigation into the financial conduct of Prax Group and its parent company, State Oil, is underway. Union representatives have indicated potential support to help the refinery continue operations, though the outcome is not yet certain.
Businesses urge protection from tax rises ahead of Autumn Budget
East Midlands firms are calling for safeguards against further tax increases as the Autumn Budget approaches. Concerns focus on corporate taxation and rising operational costs following recent increases in employer National Insurance contributions and the national living wage.
Director of Policy and Insight Richard Blackmore said: “While the Chancellor spoke of investment in various projects – and I welcome pledges to bring an end to youth unemployment and recent transport spending announced for the East Midlands with the Trent Arc – firms need reassurance they are not going to be hit with tax hikes again at the Autumn Budget. Government has already asked a lot of business, it cannot keep doing so under the guise of economic growth.”
Local business leaders emphasise that inflation and corporate taxes remain the top pressures on companies in the region. Recent government spending on infrastructure and employment initiatives has been welcomed, but firms stress that new financial demands must not offset support measures. Stability in tax policy is seen as essential to maintain confidence and investment.
Konsileo named Commercial Lines Broker of the Year at the Insurance Broker Awards 2025
New president for Nottingham Rugby Club
East Midlands creative businesses secure funding to scale innovation
More than 100 micro, small, and medium-sized creative enterprises across twelve UK regions are sharing £8 million in grants through the Create Growth Programme. Funding ranges from £20,000 to £140,000 and is designed to help high-growth businesses commercialise ideas, access industry expertise, and attract private investment to expand operations.
Grants will support companies in sectors including gaming, music, marketing, animation, and design. In the East Midlands, firms based in Leicestershire, Derbyshire, and Greater Lincolnshire, as well as Nottingham and Nottinghamshire, are among the recipients. The funding will enable these businesses to develop new products, scale their teams, and benefit from one-to-one mentoring with industry professionals.
Other regions benefiting include Greater Manchester, Norfolk, Suffolk, and Cambridgeshire, North East England, West of England, Devon and Cornwall, South East, Hull and East Yorkshire, West Midlands, West Yorkshire, and Hertfordshire.
The programme aims to strengthen local creative ecosystems, turning today’s growing enterprises into tomorrow’s leaders by providing the financial support, knowledge, and connections needed to accelerate growth.
East Midlands business confidence falls in September
Ivygrove Developments marks first major transaction at Looms Business Park
Jaguar Land Rover begins phased restart of manufacturing operations
Jaguar Land Rover has announced the partial resumption of its manufacturing activities following a planned, controlled pause. Selected sections of production will restart in the coming days as part of the company’s broader recovery strategy.
The business is collaborating closely with cybersecurity experts, the UK National Cyber Security Centre, and law enforcement to ensure operations resume securely. Work on stabilising systems and processes remains ongoing to safeguard production and supply chain continuity.
The company continues to provide updates to employees, retailers, and suppliers as recovery progresses, signalling a structured approach to returning to full-scale vehicle manufacturing.
Rolls-Royce hits £100bn valuation amid strong first-half results
Rolls-Royce has reached a valuation exceeding £100bn for the first time in its 121-year history, with shares trading above 1,191p. The company is now the fifth most valuable on the London Stock Exchange, behind HSBC, AstraZeneca, Shell and Unilever.
The Derby and Filton-based aerospace group has seen its share price rise by nearly 110 per cent in 2025. The climb follows steady growth since the Covid-19 pandemic, with minor dips linked to geopolitical developments, including US tariff announcements and discussions over Ukraine.
The company reported an underlying pre-tax profit of £1.68bn for the first half of its financial year, up from £1.03bn in the same period of 2024. Underlying operating profit increased 50 per cent to £1.73bn, while statutory revenue rose from £8.86bn to £9.49bn. Statutory operating profit grew from £1.64bn to £2.07bn, and pre-tax profit reached £4.84bn. Underlying revenue rose from £8.18bn to £9.05bn.
In response to the strong performance, Rolls-Royce upgraded its guidance for 2025. The company now expects an underlying operating profit of £3.1bn-£3.2bn and free cash flow of £3bn-£3.1bn.
The share surge reflects investor confidence in Rolls-Royce’s aerospace and defence operations, alongside market reactions to recent shifts in global defence policy and strong early-year revenue growth of nearly £1bn.
Derbyshire environmental consultancy secures support for expansion
Framework appoints new chief executive
Phenna Group makes 18th acquisition of 2025 with Aquatech deal
Windows business sold out of administration
The winners of the East Midlands Bricks Awards 2025 to be revealed this week!
Book your place at the 10th annual awards now to avoid disappointment!
The event, which will begin at 4:30pm and continue until 7:30pm, will also feature Councillor Nadine Peatfield – Leader of Derby City Council, Cabinet Member for City Centre, Regeneration, Strategy and Policy, and Deputy Mayor of the East Midlands, as keynote speaker.Shortlist for the East Midlands Bricks Awards 2025
Architects of the Year – sponsored by Roy Geddes Bricks Church Lukas Morrison Design Pelham Architects Contractor of the Year – sponsored by EMEC Ecology Goodward Construction Miller Knight Winvic Construction Developer of the Year – sponsored by Devello Clowes Developments St James Securities Vistry East Midlands Most Active Agent – sponsored by Knapton Wright Salloway Property Consultants OMEETO Rigby & Co Deal of the Year – sponsored by Frank Key Built-to-rent deal at next phase of Derby Castleward regeneration – Lovell, Placefirst Vaillant Live deal – St James Securities Top Wighay deal – Vistry East Midlands Residential Development of the Year – sponsored by Build Manager Abbey Central – Stagfield Group & Peveril Homes Riber Castle – StudioTwenty Prospect Place – TUNE Commercial Development of the Year – sponsored by Global HSE Group Sherwood Observatory – G F Tomlinson Canopy, Leicester – Henry Brothers Homefield College SEND Building – Scope Construction Vaillant Live – St James Securities Sustainable Development of the Year – sponsored by Viridis Evo Corby – PBBE Corby BV, PineBridge Rykneld Homes North East Derbyshire retrofit – Coactivation Nottingham College Construction Skills Centre (CSC) and The Gateway – G F Tomlinson Abbey Central – Stagfield Group & Peveril Homes Excellence in Design – sponsored by Konsileo Loughborough University DigiLabs Teaching Space – APSS Sutton on Sea Colonnade and Pleasure Gardens – G F Tomlinson Vaillant Live – St James Securities Responsible Business – sponsored by Wright Vigar Scope Construction G F Tomlinson Morrison Design The Overall Winner, sponsored by SEV, will also be announced at the ceremony, the winner of which will be awarded a grand prize – a year of marketing/publicity with Business Link worth £20,000, with the opportunity to split or gift the marketing to a charity of their choice.The East Midlands Bricks Awards 2025
What: The East Midlands Bricks Awards 2025 When: Thursday 2nd October (4.30pm – 7.30pm) Where: Derek Randall Suite, Trent Bridge Cricket Ground, Nottingham. Limited parking available onsite with additional free parking at Notts Sports Ground. Keynote speaker: Councillor Nadine Peatfield – Leader of Derby City Council, Cabinet Member for City Centre, Regeneration, Strategy and Policy, and Deputy Mayor of the East Midlands Tickets: Available here Dress code: Standard business attire Thanks to our sponsors:
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