Charity gets chocolate boost from local firm
Nottingham floor covering distributors sold
Nottingham-based T&R Floor Covering Distributors Limited, one of the UK’s leading floor covering distributors, has been sold to TradeChoice Carpet & Flooring.
T&R Floor Covering Distributors Limited is a family-run, independent business situated in the Midlands with over 35 years’ experience in the carpet and flooring industry.
A member of the Carpetright group, TradeChoice Carpet & Flooring is a major carpet and flooring distributor in the UK with 13 branches across England, Wales and Scotland. The acquisition of T&R Floor Covering Distributors Limited furthers TradeChoice’s growth plans within the Midlands and provides more efficient transport and storage options for the wider company.
David Crump, Corporate Finance Director at PKF Smith Cooper, led the advisory team for T&R Floor Covering Distributors Limited on the deal, while Actons Solicitors provided legal advice.
Malcolm Trott, shareholder and managing director, commenting on the deal, said: “T&R Floor Covering Distributors Limited, a family run business since 1977, sought a successor who shared our unwavering dedication to superior customer service. TradeChoice emerged as the natural choice, renowned for their commitment to excellence.
“Navigating the intricate process of selling our business was unfamiliar territory, but with the invaluable guidance of David Crump and the PKF Smith Cooper team, alongside Thomas Butcher and the Actons Solicitors team, we successfully sealed the deal. Their expertise was pivotal – without them, this transition wouldn’t have been possible.”
David said: “We are delighted to have been able to support the shareholders of T&R Floor Covering Distributors Limited in concluding the deal. As a fellow major distributor in the UK carpet and flooring industry, TradeChoice was a great synergistic fit and the ideal candidate for acquiring the company. We wish the shareholders all the best in their future endeavours.”
Local charity issues appeal for corporate ambassadors
Leicestershire-based charity Freeva are calling on local businesses to join them as corporate ambassadors and help deliver vital support to survivors of domestic abuse across the county.
Freeva specialise in delivering support to those impacted by domestic violence, rape, and sexual assault in Leicester, Leicestershire & Rutland. Their services include helping those living through domestic abuse with recovery, providing specialist ongoing counselling to victims, breaking cycles of abuse by working with perpetrators to change their behaviour, and educating young people on the importance of building safe and respectful relationships.
Now, Freeva have issued an appeal to local businesses to help them continue their important work, either with a one-off donation or through monthly sponsorship.
The charity relies solely on donations and funding to deliver their services, and have said that corporate ambassadors are hugely instrumental in allowing them to continue reaching and supporting survivors, alongside continuing their preventative programme, The Jenkins Project, and providing youth support with their YP Project.
In return for their support, Freeva offer ambassadors promotional opportunities, fundraising campaign partnerships, and ambassador certification.
Suki Kaur, Chief Executive of Freeva, said: “Domestic abuse doesn’t just impact the victims, it impacts entire communities. As much as we try, we simply don’t have the resources to help every person in need, which is why we urgently need corporate ambassadors to help us reach more victims and deliver potentially life-saving support.
“Corporate ambassadors can also play a pivotal role in helping us to end the stigma surrounding domestic abuse by showing solidarity and compassion for survivors. You don’t need to have been affected by domestic abuse yourself to help, it can affect anyone and we all have a responsibility to stand with them, support them, and help them to rebuild their lives.”
The Crime Survey for England and Wales estimated that 2.1 million people aged 16 years and over (1.4 million women and 751,000 men) experienced domestic abuse in the year ending March 2023.
Canva snaps up Nottingham design platform Affinity
Derbyshire engineering business acquires insulation firm
TopHat presses pause on plans to open major modular homes factory in Corby
40 acre Leicestershire logistics site acquired
Navigating through uncertainty: protecting your property assets with the right insurance
Hinckley & Rugby appoints first female Chair of the Board
Hinckley & Rugby Building Society has appointed Nemone Wynn-Evans as the mutual’s new Chair of the Board.
Announcing the news, the Society confirmed that Colin Franklin is retiring after nine years in the role.
Barry Carter, CEO, said: “Colin has been instrumental in guiding Hinckley & Rugby’s transformation into a truly modern, customer-focused building society. I offer my deep gratitude for all he has done for the Society, and my warmest wishes for his well-deserved retirement.
“I am also delighted to welcome Nemone into the role of Chair. She has contributed much to the Society as a member of the Board, and her pioneering spirit will serve us well into the future.
“Together with her external Board roles – in life insurance, venture capital and energy retail services – Nemone possesses a diversity of leadership experience that uniquely attunes her to the current business environment and our members’ expectations.”
Nemone Wynn-Evans joined the Board as a Non-Executive Director in March 2017. She chairs the Nominations & Governance Committee and was appointed the mutual’s Vice-Chair in 2023. She is the Society’s first female Chair of the Board.
Nemone’s background is in the equity capital markets sector of the City of London. She is a Fellow of the Chartered Institute of Securities and Investment, and holds an MBA from Cranfield School of Management.
Speaking about her appointment (which is subject to regulatory approval), Nemone said: “I am very much looking forward to working closely with our recently-appointed CEO, Barry Carter, as we develop a truly customer-centric organisation for our members.
“We have strong and ambitious plans for growth, with products and services that add real value to our members’ lives, and a strong desire to make our Society the most efficient and effective it can be.”
Reflecting on his distinguished term as Chair, Colin Franklin said: “It has been a pleasure and a privilege to be part of Hinckley & Rugby for the last nine years.
“Hinckley & Rugby is a true mutual, rooted in its communities and with a singular focus of doing its best for its members. I am delighted that Nemone will now be leading the Society, and I know that it will continue to go from strength to strength under her leadership.”
Europe’s “incredible” disabled golfers seeking Cup glory after Derbyshire’s Purpose Media steps in to help fund their trip
Sixteen of Europe’s most talented disabled golfers are ready to fly to the USA to compete in their version of the Ryder Cup after an East Midlands marketing agency signed up as their sponsor.
The team, which consists of golfers from across the continent, including England, Scotland, Denmark and Germany, have been selected to play in the Cairns Cup, an annual transatlantic contest which pits Europe against a team from the United States.
The Cairns Cup is disability golf’s premier matchplay event and, just like the Ryder Cup, it sees players slug it out over three days with a four-ball, foursomes and singles rounds.
The event is taking place at Cherry Creek Golf Club in Detroit at the end of July, with the USA defending their title, which they picked up at 2022’s event, which took place at The Shire London, in Barnet.
Although the golfers play to a high standard, they have to rely on funding to compete, meaning that they need to attract sponsorship to meet the cost of taking part.
Among the firms helping them to pay their way is South Normanton marketing agency Purpose Media, which has contributed towards their costs and air fares, giving them a huge boost in their preparations.
It has also helped organise a fundraising golf day at Morley Hayes, in Morley, on May 9, where local businesses will be invited to play alongside members of the Cairns Cup team, so they can understand the challenges that they have to overcome in order to complete a round of golf.
The event, which is being held in partnership with the Cairns Cup and S O’Brien Heating Solutions, which is based on Pride Park, will begin at 9am and will cost £400 for a team of four.
The Cairns Cup was established in 2018 when former soldier and disabled golfer Kevin Booth and fellow players decided to set up a Ryder Cup-style competition in memory of a friend, Billy Cairns, who died during a previous Europe vs USA disabled golf event called the Phoenix Cup.
Six years on, the Europeans are putting out an experienced team featuring players with a range of disabilities, including amputees, paralysis, cerebral palsy and Parkinson’s.
The team is captained by Netherlands player Tineke Loogman, who was born with one arm, and its players include Kris Aves, who was left paralysed when, while serving with the Metropolitan Police, he was run over by a terrorist driving a stolen van in the Westminster Bridge attacks of 2007, and Trevor Crombie, who has cerebral palsy.
The event has grown in stature every time it has taken place and Kevin, who is now vice president of the European team, says everyone is looking forward to flying to the States to avenge last year’s defeat.
He said: “We’re so grateful to Purpose Media for supporting us and for sharing our philosophy that the game of golf is for everyone and everyone deserves the opportunity to play it.
“All of our players have had to overcome challenges and have all got stories that will touch your heart, but when people see them play they are amazed by their ability with the golf club and the way they refuse to let their disability stop them from getting out onto a golf course.
“This will be my last Cairns Cup event I will be organising so I’m really looking forward to it. It’s a huge undertaking and we’re confident that we can win this time round.”
Matt Wheatcroft, managing director of Purpose Media, is a keen golfer himself, but has a very personal reason for wanting to support the Cairns Cup European team.
He said: “When I was 19 I suffered an injury while playing football and nearly had to have my foot amputated, and more recently, while on holiday I fell and broke my neck and was inches away from being left paralysed.
“So when I first saw these incredible Cairns Cup golfers I thought ‘that could have been me’, but I was totally unprepared for how incredible they are and what they’ve had to overcome.
“We’re really proud to be sponsoring the team and we’re confident that there will be a good turn-out at the golf day. Even if they’re not a super-keen golfer, no-one can fail to be amazed at what these guys achieve and playing against them is extremely inspirational.”
Renewables company makes eleventh strategic acquisition
Newark-based JL Phillips Renewable Energy Limited increases the company’s turnover to £42 million as it remains on track to reach its £100 million turnover target by the end of 2025.
Since 2021, Green Building Renewables has increased its turnover more than tenfold from £3m to over £40m. Its rapid growth reflects the increasing demand for renewable technology in domestic and commercial settings.
JL Philips’ acquisition allows Green Building Renewables to expand further into Nottinghamshire and Lincolnshire. The company already has an existing office in Nottingham.
Green Building Renewables’ continued strategic vision is to extend the benefits of solar energy and low carbon heating to as many local communities as possible by investing into existing local reputable renewable installation companies.
Managing Director of Green Building Renewables, Chris Delaney, said: “We’re delighted to welcome Jason and his team to ours. JL Phillips is our eleventh acquisition and it demonstrates our commitment to continually investing in renewables and low carbon technology across the country as we aim to build the largest renewable installation company in the UK.”
Jason Phillips, Managing Director of JL Phillips, added: “Our team is excited about joining Green Building Renewables’ nationwide network of renewable energy experts. The model that Chris and his team are building to offer local installers across the country is important. It ensures that customers get the best local service they can from installers who know their area and understand their needs.”
The investment into JL Phillips will increase jobs by 25% in the region and is part of a wider strategy to recruit and train the renewable workforce of the future. There remains a skills shortage in the UK when it comes to qualified solar panel installers and heat pump engineers.
In the last two years, Green Building Renewables has grown from one office in York to 15 regional offices across England. By the end of 2024 the company aims to have full coverage of England.
Staff numbers have increased sixfold in the last two years and the aim this year is to increase staff numbers by a further 60%. The SME has recruited 19 staff already in 2024 and currently has 20 vacancies across the business.
Chris Joubert, Merger and Acquisition Director at Green Building renewables, added: “JL Phillips is the second acquisition of the year for the company and it’s only March. We are in active conversations with other companies, and we are confident that by the end of the year we will have complete coverage of England through our nationwide local network. This will ensure everyone in the country will be able to access our trusted and highly rated services.”
Public to decide who leads £4bn boost for the East Midlands
East Midlands business confidence falls in March
Business confidence in the East Midlands fell 17 points during March to 35%, according to the latest Business Barometer from Lloyds Bank Commercial Banking.
Companies in the East Midlands reported lower confidence in their own business prospects month-on-month, down 15 points at 37%. When taken alongside their optimism in the economy, down 19 points to 33%, this gives a headline confidence reading of 35% (vs. 52% in February).
Businesses in the East Midlands identified their top target areas for growth in the next six months as evolving their offering, for example by introducing new products or services (48%), investing in their team, for example by hiring new staff or investing in training (37%), and entering new markets, for example by diversifying into adjacent markets or exporting to new ones (36%).
The Business Barometer, which surveys 1,200 businesses monthly, provides early signals about UK economic trends both regionally and nationwide.
National picture
Overall UK business confidence registered 42% in March, the same as in February, as firms’ confidence in their own trading prospects (49%) held steady, and confidence in the economy strengthened by one point (35%).
Yorkshire and the Humber was the most confident UK nation or region in March (60%), followed by the North East (56%) and London (52%).
Sector insightsServices confidence fell 5 points to 40%, the first decline since December. That drop, however, was offset by rises in confidence in the manufacturing, retail and construction sectors.
The gains in manufacturing (up 1 point to 41%) and construction (up 2 points to 40%) were relatively modest and confidence remained below levels seen at the start of 2024. Firms in the retail sector reported improved confidence (up 5 points to 45%), which was the strongest result for over two years.
Dave Atkinson, regional director for the East Midlands at Lloyds Bank Commercial Banking, said: “While it might be discouraging to see a drop in business confidence in the region this month, a pickup in businesses looking to evolve their offering since last month points to an increasing focus on diversification as a route for growth.
“As an upcoming devolution deal will deliver £38m per year for the newly formed East Midlands Combined County Authority, regional businesses can look forward to fresh development opportunities. We’ll continue to be by the side of local firms as they prepare to capitalise on all opportunities ahead.”
Historic redundant buildings converted into modern offices for Derby charity
£2.5m regeneration scheme transforms Leicestershire town centre
A town centre regeneration project has been completed, revitalising the area for local businesses and residents and enhancing community space.
Shepshed’s Market Place in Leicestershire is now a versatile and pedestrian-friendly environment, following work undertaken by multi-disciplinary consultancy Pick Everard. The improvements, which are set to boost trade and increase footfall in the region, include new car parking spaces, seating, bicycle parking facilities and an array of trees and plantings.
Pavements in Market Place and along nearby Brook Street have also been upgraded and expanded, with soft landscaping elements implemented to increase accessibility and reinforce visual identity in the town centre.
The transformation forms part of a wider set of public realm works by Charnwood Borough Council, which will enable the town centre to host new events and market stalls.
The work, which has been several years in the making, saw Pick Everard deliver project and cost management services via Perfect Circle and the SCAPE Consultancy direct award framework, designed to drive collaboration, efficiency, time and cost savings on construction projects.
Matt Hall, director at Pick Everard, said: “It’s fantastic to see the transformation of Shepshed’s Market Place complete, which will generate increased footfall for local businesses. Improving our high streets and public spaces is vital to ensure they suit the way we live our lives today.
“The scheme has placed accessibility and flexibility at the fore to ensure the space can be used for a variety of purposes, including town centre events that will turn Shepshed into a destination offering.
“The work undertaken was both challenging and rewarding, with collaboration and engagement with project partners and the community ensuring any disruption was kept to a minimum in a live working environment. We look forward to watching the space evolve as a modern town centre that benefits residents and visitors alike.”
The Market Place renovation also coincides with improvements to the local Bull Ring, Hall Croft and Field Street.
The scheme, known as the Shepshed Town Centre Masterplan, is led by Charnwood Borough Council, working alongside Shepshed Town Council and Shepshed Town Team.
Cllr Jewel Miah, leader of Charnwood Borough Council, said: “It is so pleasing to see this project completed and it has made the area a much more attractive place for people.
“We have worked closely with the town council and the town team in consultation with local businesses and residents throughout the process and I hope these improvements will have a positive impact on the town.
“The area is now better for residents and is much more accessible and safer.”

Creative agency makes move to Ednaston Park
Corby business sold to employees
A Corby-based international telematics firm has been majority sold to an employee ownership trust (EOT).
Mobilevalley has used a £1 million funding package from HSBC UK to support the transfer of ownership of the business to its employees, securing up to 18 jobs in the local area.
An EOT is a special form of employee benefit trust introduced by the Government in September 2014 to encourage more shareholders to set up an employee-led business. Following the move, employees at Mobilevalley are now able to have a meaningful say in how the business is run and operated, driving long-term business growth, employee engagement and ensuring its services are protected for its customers.
As part of its growth plans, the move has also enabled Mobilevalley to open its new branded Midlands Telematics Centre in Corby. The state of the art 3,500 sq ft centre will provide all its services under one roof and is designed for commercial partners and those looking for HGV telematics or CCTV products.
The company is expecting a 10 per cent increase in turnover as a result of the deal.
Troy Smith, Managing Director at Mobilevalley, said: “Our business model is only achievable through the hard work and dedication of our employees, and we’re so pleased that HSBC UK has been able to support our vision of ensuring our business stays committed to its people.”
Nicholas Young, Business Banking Area Director at HSBC, added: “HSBC UK is committed to supporting local economies and communities. A transaction like this ensures the longevity of a successful local business, even after the founders retire.
“We’re pleased to have been able to support Mobilevalley with this key milestone in their lifecycle and enable the business to progress its succession plan.”
With over 25 years’ experience in the telematics installation sector, Mobilevalley is a specialist installer of high-end tracking devices and telematics for large vehicle fleets including trucks, buses, vans and trailers. Its customers stretch across the UK and Europe and span public transport, emergency services and logistics.
UK Space Agency chooses Space Park Leicester for regional office
Pork pie maker fined £800,000 after two Nottingham workers lose fingers
Revenue and profit dip at Forterra
Revenue and profit have dipped at Forterra, the manufacturer of clay and concrete building products.
According to full year results for 2023, revenue slid from £455.5m in 2022 to £346.4m.
Meanwhile, profit before tax declined from £70.6m to £31.1m.Neil Ash, Chief Executive Officer, said: “Forterra produced a resilient performance in 2023, in what turned out to be a very challenging year for our industry. Demand for new housing in the UK fell substantially, driven by increasing interest rates adversely impacting affordability and therefore demand for new homes.
“In light of this lower demand management took decisive action on our cost base. Assuming 2024 demand remains consistent with 2023, our management actions will ensure output is broadly matched with sales, thus limiting future inventory build.
“Importantly, however, these temporary reductions will not impact our ability to respond quickly when our markets recover. Indeed, one bright spot during 2023 was the commissioning of the new Desford brick factory, which gradually ramped up production throughout the year, and which will provide a significant capacity uplift in improved markets.
“With the long-term under-supply of housing in the UK continuing to worsen, and with our previous capacity constraints now addressed, the Board remains confident in the Group’s ability to benefit as our key markets recover.”
During the year production was reduced through the mothballing of factories, shift reductions and production breaks. In addition, Forterra restructured commercial and back-office functions.
These actions are set to deliver annualised fixed costs savings in excess of £20m, with around £6m realised in 2023 and the balance being realised in 2024.