Record sales year for Carfulan Group

0
A surge in demand for advanced manufacturing and 3D printing systems has paved the way for a record year for an East Midlands industrial specialist. Carfulan Group has seen revenues rise by 14% to £19.2m, creating six new jobs as a result. Significant investment in boosting its sales team and several new product releases have been behind the expansion, with the family-run business now setting its sights on meeting a £40m target by 2030. “Manufacturing has entered a new era of global competitiveness and our customers, whether they are OEMs, tier 1s or further down the supply chain, are all looking for ways to save costs, increase capacity and improve quality,” explained Chris Fulton, who is Joint Managing Director alongside his brother Matt. “This is where we come into the equation. Our range of advanced metrology solutions gives them the opportunity to reduce the amount of downtime in their machining operations and the confidence that the parts they are producing are going to be right, first time.” Founded in 1989 by the brothers’ mum and dad Andrew and Angela, Carfulan Group has evolved into a critical partner to industry. It has invested more than £2.5m in creating a state-of-the-art demonstration centre in Derbyshire. Chris went on to add: “Getting the right people into our business has been really important to our growth, with the workforce now topping sixty for the first time. “Recent recruitment has seen us take on experienced specialists in our field and more apprentices that are making the most of our partnership with the JCB Academy.”

Agencies and businesses unite in bid to save jobs at Alstom factory

Marketing Derby, Derby City Council, and hundreds of Bondholders are calling on the Government to act now to save thousands of jobs by approving a solution to prevent the closure of Alstom’s city factory. John Forkin, MD of the inward investment agency wrote to Bondholders outlining the imminent threat posed to the future of the train-making in Derby, and within hours more than 200 had given their support for the campaign to save the factory. Alstom’s Litchurch Lane site is the nation’s largest train factory – in operation for 185 years – and is the only UK site where trains are designed, developed, built and tested. At risk are 1,300 direct jobs in Derby and a further 15,000 jobs in supply chains across the country. In his letter, Mr Forkin wrote: “We urge the Government to approve the viable identified solution. The closure of Litchurch Lane would be terrible news for our city – most especially for those who work at the site and their families – as well as those who work for suppliers across the UK. “It is not too late. A viable option for 10 new Aventra trains (as used on the Elizabeth Line) which Alstom and its supply chain can deliver immediately is available.” Councillor Baggy Shanker, leader of Derby City Council said: “We are doing everything we can to save these jobs and the future of train manufacturing in Derby. “Unfortunately, so far this has fallen on deaf ears, and we now need the wider Derby community to make their views known. We will not let 185 years be destroyed without a fight.”

Planned Clay Cross town square revives historic name

The Clay Cross Town Board has decided the nw town square to be built as part of the town’s redevelopment will be called Baileys Square. The new name is based on an old map of Clay Cross, featuring ‘Bailey’s Square’ in the same location as the new development, brought by the Town Centre Regeneration project. Chair of the Clay Cross Town Board and Managing Director of Inspire Design and Development, Lee Barnes, says: “I am extremely eager to unveil Baileys Square to the public. It will be a place to host some amazing events, make some fantastic memories for those attending and will become a household name to residents and visitors of Clay Cross, as a substantial leisure space at the heart of Clay Cross.” Baileys Square will be a place to meet with family and friends, hosting a unique selection of places to wine and dine, a place for families to take part in experiences and crafts; and enjoy vibrant events. The Clay Cross Town Deal project will enhance Clay Cross’ evening economy with a wider food and leisure offer thanks to the flexible business units coming as part of Baileys Square.  

UK economy sees slight growth

0
UK GDP (gross domestic product), a key measure of economy growth, rose minimally, by 0.1%, in February, following a revised 0.3% rise in January (up from 0.2% previously). It comes as the UK tries to clamber out of recession. The increase was driven by strong growth in production sector output, up 1.1% month-on-month (following a fall of 0.3% in January), with a smaller contribution from the services sector, growing 0.1% month-on-month (following growth of 0.3% in January 2024). Construction output, however, fell 1.9% month-on-month, following a growth of 1.1% in January 2024. Ben Jones, CBI Lead Economist, said: “With the damp and dismal weather hitting retail and other sectors, it’s not surprising to see activity was broadly flat in February. But lower inflation is easing pressure on household incomes and spending, and the economy still seems to be on course to exit its mild recession in the first quarter. “While growth was probably fairly modest over the first quarter, the outlook is improving with our business surveys showing growth expectations for the second quarter at their strongest for almost two years. “But we need to get some momentum going in economy without undoing hard work to bring down inflation. In this General Election year, it’s crucial parties of all stripes focus on structural challenges facing economy – like poor productivity and labour market pressure. “What firms across all regions, nations and sectors tell us they need to drive sustainable growth, is stability and a long-term economic vision – which in turn will deliver prosperity to businesses and households alike.”

Aggregate Industries invests in import facility at Port of Liverpool

Coalville-based Aggregate Industries is to invest several million in a new super shed at the Port of Liverpool to help the company support increased demand for cement products for UK construction industry. Owned by the UK’s second largest port operator Peel Ports Group, the substantial new import facility – one of the largest of its kind in Europe – will store more than 40,000 tonnes of cementitious products at any one time. AIUK has made a long-term commitment to the Port with the signing of a 25-year lease agreement. This represents the third major deal made by the manufacturer in the last six months, as part of a strategic investment programme into deep sea terminals. The latest investment will help the business maintain a continuous supply of lower carbon cementitious solutions throughout the North of England & Wales, with the addition of two surrounding berths and a two-chamber flat store at the Portside. This will help accommodate larger vessels and improve overall transport efficiencies. With each import investment strategically chosen to support the firm’s regional logistics infrastructure, this growth in distribution capability will help Aggregate Industries to offer best in class service to local customers – with minimal lorry miles from terminals to sites – for the ultimate in sustainable, agile, secure supply. Head of Supply Chain at AIUK’s Cement Division, Matt Owen, said: “Our commitment at Liverpool is one of a series of planned developments to respond to increasing market demand across the surrounding regions. “By investing in deep sea facilities, we’re looking to streamline operations as well as reduce the embodied carbon in our imported products, saving up to 25% of CO2 per tonne of material thanks to increased vessel capacities. “Our investment in the Port is indicative of the key role freight is playing in helping us to build resilience and surety of supply for customers, so we can always respond in an agile way to customer demand.” Tom Harrison, Group Strategic Accounts Director at Peel Ports Group, said: “This significant investment highlights AIUK’s long term commitment in driving growth and opportunities across the Port of Liverpool and we’re proud to be involved in seeing it come to fruition. “At Peel Ports, we believe we’re more than just a port, but central to enabling a more agile, efficient, and sustainable supply chain for the UK’s industries by offering port-centric solutions such as this to help our customers thrive. “Providing these facilities, which enables AIUK to better serve the industry across North of England and Wales with its cementitious solutions is a prime example of this.”  

NFU says Farming Recovery Fund is a post-storm washout

The NFU says there are major issues with the Government’s Farming Recovery Fund which opened earlier this week to support farmers affected by flooding from Storm Henk.
The Farming Recovery Fund was announced in the aftermath of Storm Henk to help those affected, with eligible farmers set to access grant support of up to £25,000, with those around Nottinghamshire’s Rivers Trent, Devon, and Soar being in the catchment. In Lincolnshire Lit covers the Witham, Brant, Welland, and Ancholme.
However, in a new statement released today, NFU Vice President Rachel Hallos has said it had very quickly become clear that there are major issues with the fund. She said: “We are hearing from numerous members who have suffered catastrophic impacts who have been told they are not eligible for the Fund because some of their affected areas are more than 150 metres from ‘main’ rivers. These include members with 90% of their land saturated or under water, and huge damage to buildings and equipment. “We are taking this up with Defra urgently. I cannot believe this is what Ministers intended when they launched the Fund, which was a welcome and well-intentioned development which seems to have been fundamentally let down in the detail. While the impact of the weather goes far beyond Storm Henk, this could have been a good start but, as it stands, it simply doesn’t work.” The grant is to support the cost of recultivating and reinstating agricultural land that was flooded due to notably high river levels between 2-12 January 2024, caused by Storm Henk. The Rural Payments Agency is administering the fund on behalf of Defra, with landowners or tenant farmers who occupied eligible land parcels at the time of Storm Henk able to claim £130 per hectare for recultivation work. Eligible farmers can access grants of between £500 and £25,000 to return their land to the condition it was in before exceptional flooding due to Storm Henk.  

Lincoln digital marketing agency sold

Peter Watson and Bradley McKenny, former Directors of Distract, have sold the digital marketing agency to Steve Bryant, founder and Managing Director of Umbrella Brands Group, behind affiliate marketing agency Thoughtmix.

As an old friend of Watson and McKenny, Bryant’s interest in Distract’s journey has always been more than just professional curiosity. Over time, he witnessed the agency’s growth, direction and potential. When the pair decided to sell the business to focus on new areas, Bryant was a natural fit to lead the next phase of its development with a clear vision for Distract’s future.

Having established Thoughtmix in 2015, Bryant has many years of experience scaling an agency and delivering partnerships that grow businesses worldwide.

Bryant’s portfolio includes working with brands such as cardfactory, National Express, and The Couture Club, and he is now ready to pass on his knowledge and expertise to help Distract grow and excel further.

Assuming the role of Managing Director, Bryant has exciting plans for Distract, redefining and consolidating its offering. Recognising the team’s strengths in paid advertising, Distract will become a specialist paid media agency.

He will work closely with Stephanie Henderson, the commercial and strategy lead, and Hannah Langton, the delivery lead, to implement the new business strategy and tactics.

Bryant is looking to focus Distract’s services on the B2C E-commerce, B2B and Education sectors.

Bryant said: “I’m excited to lead Distract into its next phase of growth and development. The team deliver some exceptional results for its Clients, and I’m delighted to have been welcomed in to harness their skills and expertise.”

Stephanie added: “It’s a really exciting time for Distract. Steve brings a host of knowledge from his experience growing Thoughtmix to one of the largest agencies within the affiliate space. The offerings from both separate agencies complement each other really well and offer the potential for some really unique collaborations.”

Hannah said: “Steve’s approach to Distract and the direction he has presented have been very refreshing and give us a clear plan for the future. His experience in affiliate marketing has given the team a new perspective, and we’re all looking forward to the changes being made and the relationship with Steve and Thoughtmix.”

Nottingham sales and lettings agent snapped up

Lomond, one of the UK’s largest acquirers of estate and letting agency businesses, has made its latest swoop within the East Midlands, further bolstering its John Shepherd brand following two recent deals within the region. Having previously acquired the Nottingham and Derby lettings book of Royston and Lund, swiftly followed by the significant rental portfolio of Centrick, the firm has announced the acquisition of Nottingham-based agent, Tassi Sales and Lettings. Originally established in 2009, the purchase of the three branch business will see Lomond’s John Shepherd brand inherit some 768 lettings properties across the Nottingham territory whilst also increasing their footprint within the student market and expanding their regional rental portfolio to almost 8,000 properties under management. John Shepherd, which already operates 10 high street branches covering the West Midlands, Warwickshire, Worcestershire and Staffordshire, will retain the experienced team from Tassi Sales and Lettings who will continue to service its new client base. The latest deal will further bolster Lomond’s presence within the region, while also marking the company’s 53rd acquisition since launch just three years ago. Lomond CEO, Ed Phillips, said: “There has been significant growth across the Midlands property market in recent years and, as such, it has been a particular area of focus for us in helping to realise our growth ambitions. “Our latest acquisition will help to further bolster our presence within the East Midlands market and Nottingham, in particular, building on the impressive footprint we’ve already managed to establish in a short period of time.” Chief Executive of John Shepherd, Richard Crathorne, said: “We’ve already established an impressive rental portfolio across the Midlands and we continue to see consistent demand from investor landlords who recognise the opportunities on offer within the region. “Nottingham is certainly a regional hotspot in this respect and our latest acquisition will not only help to expand our portfolio considerably, but it allows us to do so with experience and expertise of an already established team at Tassi.”

Two join packaging company in account management roles

Certified packaging company Reuseabox at Dry Doddington near Newark has welcomed Tom Spencer and Alicia Anderson to its team as National Account Managers.
Tom said: “I love the ideals and purpose of Reuseabox and I wanted a job where could I make a difference. Plus, I saw that Reggie, the office dog, was listed as Barketing Manager on the website and knew this was the place for me!” Alicia Anderson, recognised as Apprentice of the Year by the East Midlands Chamber of Commerce in 2023, comes to Reuseabox with a background in business development and B2B sales. She said: “I wanted to get my foot in the door within the environmental industry and have the opportunity to connect and grow with a more purpose-driven company. What I love about Reuseabox is that we’re actively giving back to the planet.” As National Account Managers, Tom and Alicia will play crucial roles in supporting Reuseabox’s existing customer base, ensuring seamless order processing, and assisting clients in finding the perfect boxes for reuse. These appointments follow Reuseabox’s recent contract wins with industry giants such as Hovis, Yeo Valley, and a prominent nationwide distribution company. This success also led to them opening a second warehouse in Nottingham at the end of 2023. The expansion not only underscores Reuseabox’s growing market presence in the cardboard box industry but also reflects the increasing demand from companies seeking to reduce their carbon footprint. Company founder Jack Good said: “We are thrilled to welcome Tom and Alicia to our team. Their expertise and passion for sustainability align perfectly with our mission to disrupt the packaging industry through reuse. As we continue to grow, their contributions will be invaluable in serving our customers and driving our vision forward.” With the addition of Tom and Alicia, Reuseabox’s team has grown from 14 to 20 members in just 12 months, further solidifying their commitment to promoting sustainable practices and offering exceptional customer service.

Hucknall’s High Street to get boost

Shops and businesses in Hucknall are to get expert help and advice in a move aimed at revitalising the town’s High Street and shopping centre. A six-month programme, led by High Street experts, will help businesses unlock new ideas and fresh approaches to increase footfall in the town’s retail areas and make the most of trading opportunities. The programme is being funded using some of the £3.2 million allocated to Ashfield District Council (ADC) from the UK Shared Prosperity Fund (UKSPF) – a fund aimed at building pride in local communities and increasing life chances as part of the Levelling Up agenda. ADC has appointed SaveTheHighStreet.org (STHS) to deliver the programme. STHS is an industry-led movement with an advisory board of 200+ High Street businesses and retail experts, a fast-growing community of local champions and dozens of other partners across both public and private sectors. The Hucknall programme will see SaveTheHighStreet.org work with individual businesses in Hucknall Town Centre, Annesley Road and Watnall Road. Each business will have access to JO – a unique business support tool used in a range of ‘accelerator’ programmes to help make the most of trading opportunities. Experts will also ‘deep dive’ into each business to find out what help and support can benefit them most. There will also be access to an online event where top tips from across the UK will be shared. The SaveTheHighStreet team will be out and about in the area over the coming weeks and will be connecting with local businesses and individuals to make sure everyone who needs to know about it does. John Bennett, Executive Director Place, at Ashfield District Council, said: “High Streets up and down the country have changed significantly in recent years. Retailers and businesses have been faced with some big challenges – the surge in online shopping, the fall-out from the pandemic and cost of living crisis. Ashfield’s High Streets have not been immune from that. “We know how important High Streets are to our communities and it’s why we’re excited about the opportunities this partnership with SaveTheHighStreet.org gives businesses in Hucknall. “Our ambition is to make Ashfield a great place to live, work and visit. We continue to secure significant investment across the District and this programme is another example of our determination to help revitalise our High Streets and town centres, following on from the support made available to businesses in Sutton and Kirkby through the Council’s Business Support Service and Enterprising Ashfield.” Julie Holden, Community Director at SaveTheHighStreet.org, said: “We are delighted to be working with Ashfield District Council to provide dedicated support to Hucknall’s high street businesses as part of this pilot programme. We have seen some great results in other areas recently and we look forward to getting started. “Having access to the JO Accelerator is like having a whole team at your fingertips. The programme will help to develop and implement a plan to boost local footfall for the town’s high street businesses.”

Deal done on Burton town centre development opportunity

Rushton Hickman has sold 8 Shobnall Road in Burton to one of its existing clients, AH Investment Solutions. The purchaser AH Investment Solutions has been granted planning permission for change of use from Use Class E to residential Use Class C4 in order for them to redevelop the two storey building from office space into residential accommodation. Taylor Millington, the agent who put the deal together, said: “It’s great news for both our client and the purchaser that planning was granted. “The change in use classification from Use Class E to residential is the ideal use for repurposing this building and will no doubt attract local professionals who need quality living accommodation, especially as the building is situated just a short walk from the train station. “We are delighted to have achieved a positive outcome for our client, and welcome other opportunities to advise commercial owners who are looking to dispose of their property across the region, particularly those looking for advice on potential redevelopment.”

Azets strengthens regional senior leadership team

Azets has strengthened its regional senior leadership team by appointing Danielle Hamill as Regional Managing Partner of East and West Midlands. The appointment comes at a pivotal time of growth for Azets, as the business looks to double total revenue to become a £1bn firm by 2027.

With over 16 years of experience, Danielle joined the firm (previously Baldwins) at 16 years old as an apprentice. Having progressed her career with Azets, she is a partner within Azets’ Coventry office and an ACA-qualified chartered accountant.

Danielle provides a range of services to her clients which include accounts, taxation, audit & business advisory. Whilst working with a wide range of clients, Danielle specialises in owner-managed SMEs and UK subsidiaries of foreign groups. Danielle manages a diverse portfolio of businesses, across a range of industries including construction, engineering, legal & professional services, and retail.

On her appointment, Danielle said: “I’m delighted to be taking on the role of Regional Managing Partner for East and West Midlands, as we continue to grow in the region.

“We have an established office network in the area that includes teams in Tamworth, Coventry, Nottingham, Wolverhampton and Stourbridge and the next stage of our journey looks incredibly exciting.

“We’re looking forward to expanding within specialist areas of accounting such as medical audit, so that we continue to meet the needs of our expanding business, as well as supporting the regional business community.”

Richard Goddard, Regional Managing Director of Azets Central and West, added: “Despite the challenging economic background, as a region, we continue to go from strength to strength thanks to a collaborative approach from our teams and clients.

“The appointment of Danielle reflects our commitment to support continued growth, so we can continue to meet the needs of our expanding business, as well as helping the growing number of SMEs in the country across complex areas of accounting and business services.”

Build for the Future, East Midlands returns with expert workshops to showcase construction innovation and expertise

With two weeks to go until the coveted Build for the Future, East Midlands event, Heritage Lincolnshire and Archaeological Project Services have added more speakers and sessions to the agenda.  The event, which is set to take place on 23 April 2024, will celebrate its fifth year in 2024 and aims to address the evolving needs of those working within the construction, property, heritage, sustainability, and trade industries by offering a unique blend of insightful discussions, networking opportunities and workshops. One of the highlights of this year’s event will be a series of exclusive talks and workshops dedicated to growing your business and gaining key contacts in the industry, including a Meet the Buyer session with Compliance Chain. This session will enable local businesses to connect with leading contractors such as Kier and Wates Construction and help grow their supply chains in the East Midlands.  Attendees can also expect expert-led sessions offering valuable insights into strategies for ensuring your business complies with the latest legislative changes including the Building Safety Act 2022, in addition to talks surrounding contracts for successful building projects, demonstrations and a business networking session hosted in conjunction with the Lincolnshire Chamber of Commerce Construction and Property Network with over 80 businesses in attendance.  Event Organiser, Hannah Tomlinson of Globella said: “Since the event launched in February 2020 it has grown significantly and year-on-year we receive more and more interest from attendees and exhibitors alike. We are really looking forward to the event later this month and providing a platform that connects businesses across the East Midlands to collaborate, share knowledge and gain inspiration for the future of the industry.” In addition to the informative sessions, the event will also feature an expansive exhibition floor displaying the latest products, services, and innovations from leading industry suppliers. Attendees will have the opportunity to engage with exhibitors, discover cutting-edge solutions and forge valuable partnerships to propel their businesses forward.  For more information about the events and to book your tickets, please go to www.buildforthefuture.co.uk. Free delegate tickets can be booked online at Build for the Future: https://www.eventbrite.co.uk/e/build-for-the-future-east-midlands-2024-tickets-682312243287 Free delegate tickets can be booked online at Heritage for the Future: https://www.eventbrite.co.uk/e/heritage-for-the-future-east-midlands-2024-tickets-682322855027

Renewable energy company secures framework appointment

Nottingham-based Geo Green Power has been appointed to Fusion21’s Heating, Renewables and Electrical framework which supports UK Public Sector organisations in accessing a supply chain of trusted contractors for the full provision of Heating, Renewables, and Electrical works.

Fusion21 is a national social enterprise specialising in efficient and impactful public sector procurement and social value services. Geo Green Power’s 14 years of experience in installing renewable systems, demonstrable expertise and a number of key industry accreditations secured their appointment to the framework which will run until 2028.

Chris McQuillan, Framework Manager at Fusion21, said: “We are delighted to welcome all of the new suppliers onto Fusion21’s Heating, Renewables and Electrical Framework, including Geo Green Power. The tender process was highly competitive and has identified the best contractors for our members to use for the delivery of a whole range of heating and electrical programmes.

“Members accessing this framework will benefit from flexible call-off options, UK-wide coverage, and the option to deliver social value to their communities, aligned to their organisational priorities.”

Public sector organisations can now access Geo Green Power’s services, which include the installation of solar PV, battery storage, EV charging and heat pumps in addition to ongoing service and maintenance support through the Fusion21 framework.

Managing Director at Geo Green Power, James Cunningham, said: “We were drawn to Fusion21 as they share many of the same values as ourselves with regards to their social and environmental targets and taking positive climate action.

“We’re delighted to be part of the framework and are looking forward to discovering what opportunities it opens up for us. In the last 18 months we have gone from strength to strength, expanding our team and moving into new premises. We’re confident that we will deliver the outstanding results that Fusion21’s members expect.”

Derby IT and Telecoms company expands team

Derby-based IT and Telecoms company Link ICT has further expanded its IT support technical team following the appointment of Adam Walsh and Andy Barton.

The appointments follow a number of new client wins to provide outsourced IT services to four more local Derbyshire schools and project work won as part of the Government’s ‘Connect the Classroom’ initiative which is providing funding for schools to upgrade IT networks to improve IT performance.

Adam, who lives in Chellaston, holds several BTEC qualifications related to information systems and creative technology. He joins Link ICT as an IT support apprentice and will be mentored to provide customers with first line IT support.

He said: “I am very interested in IT and believe this apprenticeship role will enable me to build on the knowledge I have gained at college with practical ‘hands on’ experience working at Link ICT.”

Also joining the team is Andrew Barton who is an experienced IT technician who holds various hardware manufacturers accreditations, Comptia Server, AEB Exams and numerous software skills. 

Also from Derby, Andrew previously worked for Specialist Computer Centre as a senior network and hardware engineer and team leader.  

In his new role, Andrew will be broadening his software skills and utilising his vast knowledge and customer experience. He said: “Working at Link ICT has a real family feel with a great team spirit. I like the fact everyone gets involved and there is a sense of real team effort.”  

RSM UK promotes new partner in Leicester

Audit, tax and consulting firm RSM UK has promoted Jo Duddle to partner to help shape the future of the firm and drive growth from within its own ranks.

Based in the accounting and business advisory team in Leicester, Jo joined the firm as a manager eight years ago and has successfully progressed her way through the ranks to partner.

Jo predominately works as part of the finance function support solution across the Midlands. With over 20 years’ experience she leads on a portfolio of entrepreneurial and scaling businesses, providing support to them across advisory, digital and management information, alongside their compliance needs.

Jo Duddle, partner at RSM UK, said: “Becoming a partner at RSM is a huge achievement. It’s an exciting time for the business so I’m thrilled to play a part in shaping the future of the firm and to continue supporting our clients in navigating opportunities in the everchanging business environment.”

Helen Brocklebank, regional managing partner in the Midlands at RSM UK, added: “I’m delighted to see Jo embark on this next chapter in her career at RSM. Jo’s promotion is a reflection of her hard work, talent and dedication, as well as RSM’s commitment to investing in and developing its people.

“Jo will have an integral role in ensuring we continue to deliver a premium service to clients in the Midlands, nationally and internationally.”

East Midlands retailers show interest in Ted Baker rescue

0
Retail giants Next, based in Leicester, and Frasers Group, based in Shirebrook, have reportedly shown interest in snapping up fallen fashion brand Ted Baker’s European arm. Both companies, which have a history of acquiring troubled retailers, are understood to have contacted administrators at Teneo Advisory, according to The Times, to explore a sale of all of or parts of Ted Baker. This week Teneo revealed the closure of 15 Ted Baker stores in the UK, including in Nottingham, and the cutting of head office roles, seeing the loss of 245 jobs. Each store is said to currently be loss making, with administrators saying there is no prospect of a return to profitability.

Planned closure of Nottingham Ted Baker store underlines need for investment in the city, says Chamber

The imminent closure of Nottingham’s Ted Baker store on Bridlesmith Gate further reinforces the challenges faced by city centre retail and the need for investment, says East Midlands Chamber. The store is one of 11 across the country set to close by 19th April after the brand entered administration last month. East Midlands Chamber Director of Policy and Insight Chris Hobson said: “The Ted Baker store has been a familiar part of Bridlesmith Gate for a number of years so it’s sad to hear its doors are to soon close, especially in a city centre with so much growth potential. “The announcement is a reminder of the challenges faced by the retail sector, however, new and fledgling businesses with their sights on a traditional high street presence shouldn’t be discouraged – where possible businesses should wholeheartedly embrace digital technology and the wide customer base it provides, so that huge online market can be complementary to their bricks and mortar offering. “It’s also a timely reminder that the public and private sector must work together to support the development and modernisation needed to pull people into the city centre to work, study and live. “Getting the city centre where it needs to be so that people enjoy leisure time alongside their work life is within reach, but continued investment and following through on plans is critical.”

Vistry Group to deliver 1,000 homes in two deals with Homes England

Vistry Group, the mixed tenure housebuilder, has secured two partnership deals with Homes England, delivering 1,000 homes. The majority of the 1,000 new homes will be manufactured off-site using timber frames from the Vistry Works East Midlands factory in Leicestershire. Vistry Group has been appointed by Homes England to deliver the regeneration of City Hospital. In bringing this site forward for development, the company has worked closely with Birmingham City Council and Sandwell and West Birmingham Hospitals NHS Trust. The site has outline planning permission for 750 homes, of which more than 50% will be affordable or private rent tenures, with the remaining homes for open market sale. The site will also have more than 8,000 sq ft reserved for commercial and community space. A second partnership deal in Hardingstone, Northamptonshire, will see Vistry deliver 250 mixed tenure homes with more than 50% presold. The site is also formerly owned by Homes England and has outline planning permission. Greg Fitzgerald, chief executive of Vistry Group, said: “These deals further evidence the benefit of our long-term strategic partnership with Homes England, enabling the Group to deliver a significant number of mixed tenure homes in the Midlands. “Furthermore, the unique capabilities of Vistry Works will allow us to utilise timber frame manufacturing at scale across both sites, speeding up housing delivery whilst reducing carbon emissions.”

West Northamptonshire entrepreneurs awarded business grants

0
18 entrepreneurs from West Northamptonshire have been awarded business grants of £2,000 from the Business & IP Centre Northamptonshire’s (BIPC) Build Your Business initiative. This project has received £374,600 from the UK Government through the UK Shared Prosperity Fund, allocated by West Northamptonshire Council who host BIPC Northamptonshire for the county. Build Your Business sees the potential entrepreneurs participate in various business support sessions, designed to help strengthen their business and enable them to establish sustainable new enterprises, followed by the opportunity to secure seed funding. The successful grant winners of the first round of grants are:
  • Alessandra Amico-Jones – Alessandra Amico-Jones EFT
  • Chris Bartley – Towcester Carpet Cleaning Company
  • Leah Campbell – The Inclusive Strengths Co
  • Callie Early – Ace Decluttering
  • Milly Fyfe – No Fuss Meals For Busy Parents
  • Brendan Gilbert & Harry Evans – TwelveTwentyFive
  • Stephen Hodgkinson – Affordable EV Charging Solutions
  • Nicola Kay – Kay Howard Tutoring
  • Zoe Laughton – Laughton Young Consulting Limited
  • Roddy Lloyd-Jones – LJPhotostop
  • Tessa McAndrew – Remidy Clinic
  • Francis Robertson-Marriott & Ralph Major – The Cool Classics (TCC)
  • Aveline Rust & Aprille Russell – Glam-Start Hair and Beauty Academy
  • Davit Sikharulidze – Mavis Technologies Limited
  • Vicky Skinner – Animal Focused
  • Gareth Watson & Sarah Watson – Procare Clean
  • Adrian Watt – Brackley Ewaste Recycling
  • Michelle Westgarth – Wootton Wellness Counselling Services
Cllr Daniel Lister, Cabinet Member for Economic Development, Town Centre Regeneration & Growth, said: “A huge congratulations to all the winners of the Build Your Business programme. “Entrepreneurs and start-up businesses thrive in West Northamptonshire and we are dedicated to delivering the necessary support to amplify these activities even more and enable long-term business survival in the area. “It is for this reason that we are proud to host the BIPC Northamptonshire Team in West Northamptonshire Council, along with hosting the South East Midlands Growth Hub and our very own Economic Growth & Inward Investment Service. “As a local authority we want to see every business in our area thrive and for this reason we have allocated the majority of our UK Shared Prosperity and Rural England Prosperity funding towards supporting businesses and creating employment opportunities to sustain the local economy. I encourage all businesses to take a look at our funding website to find details on how to apply for all of our support and grants.”