Work underway at West Bridgford low carbon housing development

Work is underway at the Abbey Central housing development in West Bridgford, a low-energy, ‘gas-less’ sustainable development, comprising of 71 new modern homes. Currently being developed jointly by Peveril Homes and Stagfield Group, the 1.9 hectare site was previously used as Rushcliffe Borough Council’s (RBC) depot. As part of their long-term aspirations to relocate to a more suitable location, the Council were clear in their vision to create a new, sustainable community that raises the bar on carbon efficiency, environmental impacts, design and affordable housing. RBC partnered with local architects, Allan Joyce, to meticulously design a low-energy, sustainable development near Abbey Road, incorporating modern technology to facilitate a “gas-less” community. Leader of Rushcliffe Borough Council Cllr Neil Clarke said: “With this site we wanted to raise the bar and show developers what could be achieved by creating an exemplar site by thinking differently, hitting our targets of being environmentally friendly whilst also keeping within our 30% affordable housing goals. “To see the impressive work being completed on these homes as part of our aims to reduce carbon emissions within the Borough is excellent and we are delighted to be watching our vision and aspirations for a carbon efficient development coming to life, bringing forward a difficult brownfield site. “This is a positive example of our continuing commitment to providing energy efficient new homes and affordable housing in Rushcliffe as we forge a positive landscape for future generations.” Ann Taylor and Phoebe Clark from Savills development team in Nottingham, acted on behalf of RBC selling this redevelopment site to Peveril Homes and Stagfield Group. Ann said: “The brief to Allan Joyce was to create a new exemplar housing development for Rushcliffe and to set a new standard for sustainable high-quality urban family living in West Bridgford.  We were confident that the area could support a high value flagship scheme and we are excited to see the new homes finished and occupied in due course.” The entire scheme is projected to achieve over 50% CO2 reduction compared to standard building regulations, a noteworthy accomplishment surpassing the target of 19% CO2 reduction for the development. Specific houses, outfitted with both Air Source Heat Pumps (ASHPs) and Solar PV, are forecasted to achieve up to 80% savings in CO2 and energy compared to existing building regulations, utilising contemporary energy systems to conserve energy and Solar PV to generate electricity. James Smith, Managing Director of Peveril Homes, added: “As the site will be completely gas-free, we are continuing to innovate our product offering. Our partnership with Stagfield Group assists us to evolve with each house type designed from the ground up to accommodate modern living and the ambitious carbon net goals set by Rushcliffe Borough Council.” Kevin Hard, Managing Director at Stagfield Group, said: “Our latest development, ‘Abbey Central’ in partnership with Peveril Homes, is breaking new ground with 71 homes designed with low-energy and sustainable development at its core. “We’re really pleased that the housing development has been highlighted as a blueprint case study by the local Council as to how future developments should be built in order to meet Carbon Net Zero goals.” The site is expected to be officially launched in April 2024.

Fresh planning application submitted for homes at Tollerton Airfield

A second planning application for new homes at the site of Tollerton Airfield has been submitted to Rushcliffe Borough Council following the first submission in December 2020 for housing, a primary school, local centre and supporting infrastructure. It proposes a mixture of full and outline planning permission for the phased residential development that could see dwellings, a second primary school and supporting infrastructure such as open spaces and sports pitches. There is a further area of land that does not form part of the two planning applications received, which could be for additional homes, community infrastructure, employment land, and a secondary school. The Council have advised the applicants it cannot determine either application until such time that a Supplementary Planning Document (SPD) is in place, which is a masterplan for the site. Planning officers are working with the consortium of landowners for the development of this masterplan to ensure all public and community infrastructure is planned properly and to the highest standards, taking account of the needs of the new and existing communities. Rushcliffe Borough Council’s Cabinet Portfolio Holder for Planning and Housing Cllr Roger Upton said: “We are duty bound to validate the application if it is correct and cannot decline to do so, but the applicants are aware we cannot determine the application until the SPD is in place. “We will formally consult technical consultees, ward members, the relevant Parish Councils and local residents, all of whom will have the chance to comment on the proposals.”

Pre-pack sale secured for Northampton packing solutions business

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A Northampton packing solutions business has been sold in a pre-pack administration deal. Deviesh Raikundalia and Tyrone Courtman of RSM UK Restructuring Advisory LLP were appointed joint administrators of Universal Supply Chain & Solutions Limited on 12 March 2024 and have secured the sale of the business and its assets. Based in Northampton, the company is a family-run business specialising in the co-packing industry and providing full supply chain logistics fulfilment as well as flexible warehousing. The company specialised in dealing with seasonal promotions and latterly diversified into food and cosmetics packaging. RSM UK were appointed administrators following issues caused by the impact of Brexit, Covid and the Ukraine War, and more recently, the loss of major supermarket orders. The trading business and assets of the company were sold to Universal Food, Beverage and Luxury Gift Packaging Limited, an entity connected to the former director. The company employs a full time management team of 13 staff and utilised up to 200 agency staff during peak times. All jobs have been saved as part of the sale. Deviesh Raikundalia, RSM UK restructuring advisory director and joint administrator, said: “Universal Supply Chain & Solutions Ltd is an established company in the East Midlands, and it is unfortunate they have suffered over the last few months due to factors outside of their control. “Given the ongoing business challenges, we are pleased to have helped save the future of the company, which will ensure continuity of service at the specialist facility and, more importantly, preserves employment for its skilled workforce.” Prakash Mistry of Universal Food, Beverage and Luxury Gift Packaging Limited, said: “Unfortunately we experienced a period of downturn in the business caused by the loss of a few lucrative contracts. “With the help of RSM, we are pleased that Universal Foods have acquired the business as well as the assets, securing employment for all of the employees and staff, and allowing continuity of supply to our loyal customer base with little disruption. “With the continued support of our key stakeholders, we will be able to offer high standards of quality and service, including investing in new equipment to improve efficiencies over the next few years.”

Rolls-Royce welcomes Australian investment in AUKUS preparation plans

Rolls-Royce has welcomed the announcement that the Australian Government will be investing in its ongoing AUKUS preparations. This supplements the expansion funding already committed by the UK Ministry of Defence (MOD).
To meet the growth in demand from the Royal Navy, which includes AUKUS delivery commitments, work is already underway to double the size of the Rolls-Royce Submarines site in Raynesway, Derby. Now jointly funded by UK MOD and the Australian Department of Defence, the expansion work announced last summer will create over 1,000 new jobs in Derby across a range of disciplines, including manufacturing and engineering. It will also see new manufacturing and office facilities being built on recently acquired land surrounding the existing Raynesway site. In March 2023 it was confirmed that Rolls-Royce Submarines would provide all the nuclear reactor plants that will power new attack submarines as part of the tri-lateral agreement between Australia, the UK and US.

Rolls-Royce Submarines President Steve Carlier said: “Last year we were proud to welcome the Hon Richard Marles MP, Australia’s Deputy Prime Minister and Minister for Defence, and UK Defence Secretary Grant Shapps, to our Raynesway site to showcase some of the world-class manufacturing and engineering capabilities we have developed over the last 60 years.

“This commitment of funding to our existing expansion work shows the trust Australia places on our nuclear expertise and our ability to deliver. We look forward to working with the Australian Submarine Agency to support them in building their own fleet of nuclear-powered submarines.”

Grant Shapps MP, UK Secretary of State for Defence, said: “In a more dangerous world, today’s announcement symbolises the huge confidence our close partner Australia has in our world-leading defence industry, including companies such as BAE Systems and Rolls-Royce.

“Through these collaborations, British industry will grow, and thousands of jobs created across the country, delivering security and prosperity to our two nations.”
To support preparation for AUKUS and to meet the additional commitments to the MOD, Rolls-Royce recently announced the opening of two satellite offices in Glasgow and Cardiff. The locations were selected to help access the skilled talent pools in both regions, with more than 100 jobs being created in each city. To further ensure a steady pipeline of future talent into the industry, Rolls-Royce opened a new Nuclear Skills Academy in Derby in 2022. It will provide 200 apprenticeships each year for at least the next decade. Rolls-Royce Submarines currently employs more than 4,000 people and designs, manufactures and provides in-service support to the pressurised water reactors that power every boat in the Royal Navy’s submarine fleet. Rolls-Royce is currently supporting the existing Astute and Dreadnought boat build programmes through the delivery of reactor plant and associated components. Additionally, it provides frontline support across the world for reactor plant equipment from its Operations Centre in Derby and supports the submarines when in the Barrow-in-Furness shipyard and the naval bases at Devonport and Faslane.

Nordic company strengthens UK presence with acquisition of Nottinghamshire business

Nordic company Milient Software is enhancing its international presence by acquiring the Nottinghamshire-based business Flo10. Milient and Flo10 will deliver next-level project management solutions. Lars Owe Berge Nyland, CEO at Milient, said: “This acquisition marks a pivotal moment in Milient’s international expansion, cementing our status as a premier provider of innovative project management tools. We eagerly anticipate collaborating with the Flo10 team to elevate customer value and foster innovation in the architecture and engineering sectors.” Combining Milient Software’s project management solutions with Flo10’s Knowledge Management System and project compliance will give architects, engineers, and construction professionals a complete platform to successfully manage their operations and projects. Flo10’s founders, Matthew Nickerson and Aidan Boustred, said: “We are looking forward to taking the next step together with Milient Software, providing complementary products to our customers, adding value, and entering new markets.”

Fostering a culture of innovation and sustainability in local businesses

Fostering a culture of innovation and sustainability is pivotal for local businesses aiming for growth and resilience. These two elements are the backbone of success in a competitive market, ensuring companies thrive today and continue to lead into the future. By embracing these principles, businesses can navigate challenges more effectively, adapt to changes in the market, and build a loyal customer base committed to their success. The foundation of innovation Innovation isn’t just about groundbreaking technology or disrupting markets; it’s fundamentally about solving problems in new ways that add value to customers and the business itself. Local businesses stand to gain significantly by fostering an environment where every team member feels empowered to suggest and try new approaches. A culture that celebrates creative thinking and learning from trial and error can transform modest ideas into impactful innovations. To create such an environment, leadership should openly encourage and reward creativity. This could be as simple as setting aside time each week for team members to work on projects outside their regular responsibilities or offering small incentives for ideas that improve efficiency or customer satisfaction. Highlighting and celebrating these innovations, no matter how small, reinforces their value to the company and encourages ongoing participation. Building blocks of sustainability Sustainability goes beyond environmental stewardship; it’s about creating practices ensuring long-term economic viability and respecting the community and the natural world. For local businesses, this means integrating sustainable practices into everyday operations, ranging from reducing waste and energy consumption to sourcing materials responsibly and supporting local economies. One effective step is to conduct a sustainability audit to identify areas where improvements can be made, such as switching to energy-efficient lighting or reducing unnecessary packaging. Another strategy is to engage employees in sustainability efforts, making them active participants in the company’s green initiatives. This helps achieve sustainability goals and builds a sense of purpose and commitment among the team. Sharing these efforts and their impacts with customers can also enhance brand reputation and customer loyalty, showing that the business is a responsible member of the community. Leveraging technology for a greener future Adopting technology smartly can lead businesses towards greener practices, significantly reducing their environmental footprint while enhancing efficiency. A standout move for local businesses is transitioning towards paperless operations. This shift conserves resources and streamlines processes, making information more accessible and reducing clutter. A practical step towards achieving a paperless environment is the digitalisation of documents. By moving invoicing, record-keeping, and communications online, businesses can reduce their reliance on physical paper. A digital management system facilitates easier access to documents, improves security, and speeds up information retrieval, enhancing overall productivity. It is easy to create an interactive PDF flipbook. These flipbooks represent an innovative solution for when documents or booklets are necessary. They provide an engaging user experience, combining the tactile feel of flipping through pages with the convenience and sustainability of digital media. These flipbooks can be used for marketing materials, product catalogues, or training manuals, offering an immersive and interactive experience without the environmental impact of printed materials. Moreover, integrating features such as videos, links, and animations into these flipbooks can elevate the content, making it more attractive and informative for the audience. Strategies for cultivating an innovative and sustainable culture Cultivating a culture that prizes innovation and sustainability begins at the leadership level. Leaders must embody the values they wish to instil in their teams, demonstrating a commitment to sustainable practices and innovative thinking in their decision-making and problem-solving approaches. Encouraging a culture of open communication and collaboration is key. This involves creating spaces where employees feel safe expressing their ideas, and cross-departmental teams can collaborate on projects that drive innovation or enhance sustainability. Regularly scheduled brainstorming sessions can unleash the team’s collective creativity, while workshops on sustainability can educate and inspire employees to incorporate green practices into their work. Recognising and rewarding innovative ideas and sustainable initiatives within the company can further reinforce these values. Through acknowledgement in company meetings, a spot in the company newsletter, or a rewards program, showing appreciation for employees’ contributions can motivate continued innovation and dedication to sustainability. Engaging with the community for broader impact Local businesses thrive when they actively engage with their communities, and fostering innovation and sustainability offers an excellent avenue for this engagement. By partnering with local schools, non-profits, and other businesses, companies can extend their impact beyond their immediate operations, contributing to a more vibrant, resilient, and sustainable community. Collaborating on sustainability projects, such as community clean-ups or green space developments, benefits the environment and strengthens the bond between the business and its community. These activities can raise awareness about sustainability issues while showcasing the business’s commitment to making a positive impact. Moreover, engaging with the educational sector by providing internships or project-based learning opportunities can spark innovation and nurture the next generation of leaders. Sharing insights and challenges with students brings fresh perspectives to the business and helps develop solutions that could lead to groundbreaking innovations. Using social media and the company’s website to share stories of community engagement and collaboration can further amplify the impact. It enhances the business’s reputation and encourages other organisations and individuals to join these efforts, creating positive change throughout the community. Overcoming challenges on the path to innovation and sustainability While the journey towards embedding innovation and sustainability into the fabric of a local business is rewarding, it’s not without its challenges. Resistance to change, budget constraints, and limited resources can hinder progress. However, these obstacles can be navigated successfully with strategic planning and perseverance. Identifying champions within the organisation who can drive sustainability and innovation initiatives can help overcome resistance to change. These individuals can inspire and motivate others by demonstrating the tangible benefits of new practices and innovations. For budget constraints, focusing on low-cost or cost-saving innovations and sustainability measures initially can demonstrate value and build the case for larger investments. For instance, energy efficiency measures often reduce costs and can fund further sustainability initiatives. Leveraging local networks and partnerships can also provide resources and support. Joining forces with other businesses to purchase sustainable materials in bulk or share best practices can make sustainability efforts more feasible and effective. Alongside this, continuous education and keeping abreast of technological advancements can empower businesses to overcome these challenges. Learning from others, attending workshops, and participating in industry groups can provide fresh ideas and innovative solutions to drive the business forward. The way forward Embracing innovation and sustainability is essential for local businesses aiming to thrive in today’s competitive environment. This journey involves fostering a culture that values creative problem-solving and responsible practices, leveraging technology to minimise environmental impact, and engaging actively with the community to extend the reach of these efforts. Commitment to these principles must be ongoing. The landscape of technology and sustainability is continually evolving, offering new opportunities and challenges. Staying informed, being open to change, and maintaining a proactive stance is vital for businesses that wish to remain relevant and successful. Finally, the call to action for local businesses is clear: Begin today by setting concrete, achievable goals for innovation and sustainability. Whether reducing waste, implementing a new technology solution, or starting a community engagement project, each step is towards a more sustainable and innovative future. By taking these steps, businesses contribute to their success and the well-being of their community and the planet.

Flex office operator calls for volunteers to support literacy campaign

Flex office operator, Cubo, is looking for volunteers to support its campaign with national literacy charity, Bookmark, and help ignite the joy of reading in children. Cubo, which was founded in Derby and now has 11 sites across the UK, adopted Bookmark Reading Charity as its annual charity for 2024 following a successful Christmas campaign, which raised £750. Now, as part of its ongoing commitment to supporting literacy and community engagement, Cubo is expanding its efforts and looking for volunteers to join Bookmark’s Online Volunteer Reading Programme and help make a positive impact in children’s lives. Volunteers will be required to take part in 30-minute sessions either once or twice a week reading stories and playing games with a child between the ages of 5 and 10 on the charity’s secure online platform. The programme involves 30-minute sessions with the same child, for six or twelve weeks. Volunteers just need to commit to completing at least three programmes a year, although it is hoped they will do more. The volunteering programme is flexible and there’s no need to travel, although in-person literacy volunteer opportunities also exist. Commenting on their support for Bookmark, Rebecca Brough, CMO at Cubo, said: “We are thrilled to be supporting the Bookmark campaign and have recruited our own team of Cubo volunteers who will be taking part in the online reading programme. “We hope businesses and individuals will join us as volunteer to help develop vital literacy skills that will make a lasting impact on children’s lives.” Bookmark was founded by Sharon Pindar in 2018 and aims to change children’s life stories through the joy of reading. The charity works with children who face barriers to becoming readers by providing one-to-one reading programmes, both online and in person. The charity also equips schools with dedicated resources to offer wraparound support, providing diverse, high-quality books, materials for extracurricular reading, and on-going support for teacher training and development. As part of its mission, Bookmark aims to deliver 50,741 one-to-one reading sessions to children during 2024. This time, when scheduled back-to-back, equates to three years of non-stop reading. The charity also aims to send out thousands of books and reading resources to children across the country, putting them directly into the hands of children who need them most. Sharon Pindar, Founder & Chair of Trustees at Bookmark, added: “Our thanks go out to Rebecca and her team at Cubo for supporting this vital charity, which does such important work to improve literacy skills amongst young children. “Helping a child learn to read will help them succeed, in school and beyond. By volunteering, you’ll get to see your young reader progress, knowing you are opening a world of opportunity for their future.”

Five sentenced for fraud and money laundering in Leicestershire

Five people have been sentenced for their involvement in a “persistent and carefully prepared” Leicestershire fraud and money laundering scheme which cost banks more than half a million pounds. Ringleader and convicted fraudster Neale Rothera, 49, was jailed for six years and four months when he appeared at Leicester Crown Court for sentencing on Tuesday 19 March. Four companies Rothera helped establish claimed to be in the business of selling carpets and furniture in the Leicestershire area. However, investigations by the Insolvency Service revealed all the companies, and most of the associated invoices, were in large part a sham. Rothera’s accomplices Simon Wakefield, Frederick Penn, Shona Walters, and Laura Perkins were all sentenced at the same hearing. Mark Stephens, Chief Investigator at the Insolvency Service, said: “This has been an extremely complex investigation taking place over a number of years into a very sophisticated, persistent, and carefully planned fraud. “Neale Rothera was the common theme throughout, devising the schemes and orchestrating their implementation.

“Rothera was ably assisted by the others who fronted the companies or helped him launder the fraudulently obtained funds while he acted as a shadow director. None of the individuals involved were exploited or coerced into taking part in this criminal behaviour and we hope these sentences serve a warning to those considering such fraudulent actions.”

The fraud centred around so-called ‘invoice factoring agreements’ between financial services institutions and four companies: Thistle Interiors Ltd, Sorrel Trading Ltd, Wakefield Trading Ltd, and Penn Interiors Ltd. Invoice factoring is a legitimate type of finance which allow businesses to access the money tied up in unpaid invoices from banks, instead of having to wait 30-90 days to be paid by their customers. But investigations by the Insolvency Service revealed many of the customers Rothera’s companies claimed to deal with either did not exist or they had not traded with them in the manner suggested by the invoices. The scheme was the brainchild of Rothera, who was previously convicted of fraud in 2011. A total of £562,901.64 was ultimately never recovered by the banks. Rothera was unable to put himself forward as a company director, as no bank would enter into a credit agreement with him. He therefore enlisted the help of Walters, Wakefield and Penn who became the sole directors of Thistle Interiors Ltd, Wakefield Trading Ltd, and Penn Interiors Ltd, and acted upon Rothera’s behalf. Walters, Wakefield and Penn played a willing and active role in dishonestly helping secure the factoring agreements for the companies and in obtaining the money from the banks. They all also maintained the lie that Rothera was actually called Neil Franklin as part of the deception. Once the credit had been successfully secured, the funds were either withdrawn in cash by each of the defendants or transferred into other accounts. Rothera used money from this fraud towards compensation he was ordered to pay after being convicted of another fraud offence in Scotland. He was sentenced at Elgin Sherriff Court in April 2012 after conning people out of thousands of pounds by fraudulently selling caravans at a holiday park in Moray. Wakefield withdrew £235,340 of the fraudulently obtained funds on Rothera’s behalf during a two-month period in July and August 2012. When interviewed by Insolvency Service investigators, Wakefield said that Rothera in return had paid for his car, gave him free meals, and provided free drink for him and his family. Rothera, 49, formerly of Station Road, Quorn, Leicestershire pleaded guilty to four counts of fraud by false representation and one count of money laundering in June 2022. He was jailed for six years and four months and disqualified as a company director for nine years. Shona Walters, 54, of Church Street, Lossiemouth, Moray, pleaded guilty to one count of fraud by false representation and one count of money laundering on the first day the trial was due to start in January 2024. She was sentenced to 19 months in prison, suspended for two years, 20 days rehabilitation activity, and 140 hours of unpaid work. Simon Wakefield, 53, of St Mary’s Crescent, East Leake, Nottinghamshire, pleaded guilty to one count of fraud by false representation and one count of money laundering in July 2022. He was sentenced to 22 months in prison, suspended for two years, 10 days rehabilitation activity, and 175 hours of unpaid work. Frederick Penn, 76, of Roughlands Drive, Carronshore, Falkirk, also pleaded guilty to one count of fraud and one count of money laundering on the first day of the trial in January 2024. He was sentenced to 19 months in prison, suspended for two years, 20 days rehabilitation activity, and 140 hours of unpaid work. Laura Perkins, 31, of Mundy Close, Burton on the Wolds, Leicestershire, also pleaded guilty to one count of money laundering in October 2020. Perkins, a bar manager who worked for Rothera, was handed an 18-month community order and ordered to complete 50 hours of unpaid work.

Awareness of upcoming East Midlands mayoral election lags other areas of the country

The East Midlands will elect its first Mayor in May following the creation of the new East Midlands Combined Authority but only 33 per cent of public were aware of the date of the East Midlands mayoral elections and less than half (45 per cent) stated they will vote according to new public polling from Centre for Cities and Focaldata. Awareness of the date of the mayoral election lags other areas of the country with mayoral elections in May, such as Tees Valley (45 per cent) and the West Midlands (38 per cent). On average across nine areas with mayoral election in May, 61 per cent of people said they expected to vote. Higher figures in other places show there is potential to raise awareness. In areas with incumbent directly-elected mayors, 74 per cent of people were able to name their directly-elected mayor compared to 20 per cent who could identify their local authority leader and 43 per cent who could identify their MP. Polling in East Midlands also found:
  • When the electorate come to vote, the individual candidate matters more at mayoral elections than at a general election. At a mayoral election 46 per cent said they will cast their vote based on the individual candidate (and 54 per cent of people will vote for the party of their choice) but at a general election the figure for the individual candidate was 28 per cent (compared to 72 per cent voting for the party).
  • People in mayoral areas are in favour of more devolution. Across a range of policy issues, there is an appetite to see decisions made at the local level, whether it is by metro mayors or the local authority. Most respondents believe that local leaders should have more responsibility over housing, transport, and homelessness in particular. Respondents in the East Midlands said they wanted local authorities to take on more power over housing (70 per cent) and transport (59 per cent).
Andrew Carter, Chief Executive of Centre for Cities, said: “The level of recognition for mayors in places that already have one shows they are fulfilling the purpose their role was created for – establishing a visible and accountable leader for their place. “The fact that people are more likely to vote for the individual candidate rather than the political party they represent emphasises this. People want local leaders to put place before politics. “But the findings also show that in the new combined authorities in the North East and the East Midlands in particular, there is work to be done to raise the awareness of why having a mayor will benefit the area and to draw attention to the upcoming mayoral elections. “Local news sources, and trusted institutions and individuals have important roles in raising the prominence of mayoral elections and supporting discussions about what issues matter most locally. And in return, mayors must deliver on them. “The fact that the public wants powers to be held at a local level is good news, and shows a strong appetite for devolution to move further and faster. Places are demanding more of a say over the decisions that make a difference to their lives – housing and transport in particular. Westminster and Whitehall need to respond.”

Upperton joined by Oxford/AstraZeneca COVID-19 vaccine co-inventor to open new development and GMP manufacturing facility

Contract development and manufacturing organisation (CDMO) Upperton Pharma Solutions was joined by Oxford/AstraZeneca COVID-19 vaccine co-inventor Professor Dame Sarah Gilbert, biotech industry representatives and local leaders to celebrate the official opening of a new 50,000 square foot development and GMP manufacturing facility in Nottingham. In addition to Professor Dame Sarah Gilbert, the plaque-unveiling ceremony included local Member of Parliament, Darren Henry MP, and leading industry professionals. Nikki Whitfield, CEO of Upperton Pharma Solutions, said: “This celebration marks another milestone in our incredible growth journey as a business. We are looking forward to officially opening our doors to customers and offering a single site solution for development and GMP manufacturing.” “It was a pleasure to join Upperton for the grand opening of their new facility,” said Guest of Honour, Professor Dame Sarah Gilbert, Principal Investigator at the Pandemic Sciences Institute, University of Oxford and co-creator of the Oxford/AstraZeneca COVID-19 vaccine. “During the pandemic we saw the importance of academia and industry working closely together to deliver life-saving vaccines and treatments. Upperton’s expansion into this new site is a great example of the crucial role UK-based pharmaceutical organisations have to play in addressing global health challenges. I look forward to collaborating with Upperton in the future.” The new facility contains ten GMP manufacturing suites, cutting-edge quality control laboratories, and formulation development capabilities equipped with a pilot plant. The facility empowers Upperton to offer customers a seamless transition from early formulation development to clinical trial supplies from Phase 1 to Phase 3 and niche scale commercial manufacturing all on one site. The official opening marks another milestone for Upperton following the announcement and ongoing build of a new sterile facility on the same site, for the manufacturing of aseptic and terminally sterilized small volume liquids for parenteral, ocular and pulmonary delivery due for completion at the end of 2024.

Manufacturing output falls but firms expect modest rise in quarter ahead

Manufacturers reported that output volumes fell in the three months to March, and at a similar pace to the three months to February, according to the CBI’s latest Industrial Trends Survey (ITS). However, manufacturers expect output to rise modestly in the quarter to June. Expectations for future selling price inflation edged up for the third successive month in March, with the balance rising further above its long-run average to its highest since May 2023. Total order books were steady compared with last month, and a little below their long-run average, but export order books deteriorated. The survey, based on the responses of 289 manufacturers, found:
  • Output volumes fell in the three months to March, at a similar pace to the quarter to February (weighted balance of -18%, from -19% in the three months to February), and disappointing expectations for marginal growth (+4%). Output is expected to rise modestly in the three months to June (+8%).
    • Output fell in 11 out of 17 sub-sectors in the three months to March, including the chemicals, motor vehicles & transport equipment, plastic products and metal products sub-sectors.
  • Total order books were reported as below “normal” in March and were broadly unchanged relative to last month (-18% from -20%) at a level slightly below the long-run average (-13%).
  • Export order books were also seen as below normal and deteriorated relative to last month (-29% from -14%) to below the long-run average (-18%).
  • Expectations for average selling price inflation accelerated in March (+21%, from +17% in February)—comfortably above the long-run average (+7%) and to the greatest extent since May 2023.
  • Stocks of finished goods were seen as more than “adequate” in March (+12% from +11% in February), with stock adequacy broadly unchanged since the previous month (+12% from +11% in February), in line with the long-run average.
Anna Leach, CBI Deputy Chief Economist, said: “It’s disappointing that manufacturing output volumes fell in the first three months of the year, underperforming last month’s expectations for a slight upturn. But manufacturers remain optimistic that conditions will improve in the quarter ahead. “Manufacturers expect selling prices to rise a little in the months ahead. With demand still subdued, this likely reflects some pressure on input costs over recent months, slightly higher oil prices, higher shipping costs amid the Red Sea disruption, and signs that the global industrial cycle is beginning to turn upwards after a difficult couple of years. “In a general election year, all parties must focus on fostering a business environment that will give UK manufacturers the confidence they need to invest and compete globally. The Chancellor’s announcement of plans to extend full capital expensing to leased and rented assets was a welcome step that will help smaller and medium-sized manufacturers in particular, but more clarity over its implementation would be welcomed.”

Summer start for major work to regenerate Chesterfield town centre

The next phase of a multi-million pound project to regenerate Chesterfield town centre is set to get underway this summer.

Chesterfield Borough Council’s ‘Revitalising the Heart of Chesterfield’ project – which has already seen good progress on work to refurbish the iconic Stephenson Memorial Hall, as well as improvements to Packers Row – will transform the look, feel and flow of key public spaces.

The detailed timescales are being finalised, but it is expected that work to revamp the town’s historic market place, which includes New Square and Market Square, will start in summer.

Key improvements will include:

  • Market Square – the historic market will be revitalised – with a new layout to make it easier to walk around, new stalls with modern facilities for traders, and vibrant new canopies in heritage colours. The plans will also ensure the historic Town Pump is made into a unique feature in this space.
  • New Square – the plans will create an attractive and flexible space that will complement the main market and speciality markets, but can also be used to host festivals, events, cultural celebrations, and community gatherings – bringing the town centre to life.
  • Rykneld Square – this area will be transformed to create a more welcoming, green space from which to enjoy the much-loved Crooked Spire, and better connect this landmark to the town centre.
  • Spire Walk – the council will work in partnership with the Church of St Mary and All Saints to create a more welcoming and attractive space in which to enjoy the iconic Crooked Spire, this includes imaginative new lighting that will enhance the appearance of the spire at night and link into Rykneld Square.
  • Corporation Street – improved paving and lighting will revamp this key gateway to the town centre and provide a welcoming environment for visitors to the refurbished theatre and museum. This will provide an attractive and welcoming new gateway to the refurbished Stephenson Memorial Hall.

Attractive lighting, new digital facilities, more greenery, new seating and signage will feature across the regeneration sites – creating a more attractive, welcoming and safe town centre for everyone to enjoy.

Councillor Kate Sarvent, cabinet member for town centres and visitor economy, said: “We’re immensely proud of our town and these widespread improvements will create a revitalised and vibrant town centre that builds on our strong history and heritage, supporting it to thrive for generations to come.

“A lot of work has been happening behind the scenes to get to this stage, including ongoing conversations with our market traders, businesses and residents, and we’re excited to look ahead to a start on site in the summer.

“Chesterfield certainly has positive times ahead, with the major refurbishment work at Stephenson Memorial Hall – home to our beloved theatre and museum – also progressing well.”

The Revitalising the Heart of Chesterfield project will be completed in phases and is due for completion in 2025.

Councillor Sarvent added: “We have a strong track record of making the most of external funding opportunities to invest in the future of our borough, and through projects like the Revitalising the Heart of project this work will bring real improvements for the residents and businesses of our town, while boosting our appeal to visitors.”

The project will complement improvements at the Northern Gateway and Elder Way and – at the other side of town – will connect with plans to transform the area around Chesterfield Station.

Planning submitted for landmark building forming key part of Staveley town centre regeneration

Plans for a new landmark building which would form a key part of the Staveley town centre regeneration project have been formerly submitted.

The new landmark building if approved will form a key part of the £6 million Staveley 21 project which will transform the market place, enhance the connections to the Chesterfield Canal and improve lighting in the town centre.

Funding for the project has been provided through the Staveley Town Deal.

Councillor Kate Sarvent, Chesterfield Borough Council’s cabinet member for town centres and visitor economy, said: “This project aims to transform Staveley town centre – enhancing the area and encouraging more people to visit and support both existing retailers and market traders. Town centres are changing and by trying to expand the offer, creating new opportunities for events and social spaces we want to boost visitor numbers and provide the space for local businesses to thrive.

“We’ll continue to engage directly with local businesses and residents over the coming months to finalise the plans and ensure the project meets their needs, including hosting more drop-in sessions for residents.”

If approved the new landmark pavilion building will sit between the Staveley Miners Welfare building and Staveley High Street as a striking new focal point in the heart of the town centre.

The building aims to reflect Staveley’s heritage with a modern twist, opening the view from Market Street into the town centre. Several uses for the building are currently being considered including as a potential site for Staveley library and is also being considered for retail, leisure, and business start-up uses.

In November regional construction contractor Stepnell were appointed to finalise the plans for the town centre and begin working towards delivery.

Tom Sewell, regional director at Stepnell, said: “We bring vast experience of collaborating with local authorities and partners to enhance public town centre spaces, and, as a complete construction partner, we aim to deliver exceptional quality throughout the design and build.

“By being sympathetic to the needs of residents and businesses in the town, Staveley 21 will enhance the wider package of works as part of the Staveley Town Deal. We look forward to working with Chesterfield Borough Council to deliver the Staveley 21 project, which will generate lasting value to the community.”

The building has been designed by Whittam Cox Architects, who are based in Chesterfield.

Ryan Fish, associate director at Whittam Cox Architects, said: “Our team have meticulously developed the Pavilion building as part of the Staveley centre masterplan with utmost care and consideration. This project presented us with a unique opportunity to influence a scheme close to home, drawing on our intricate knowledge of the local area.

“The result is a contemporary development that not only honours Staveley’s heritage but also serves as a catalyst and hub of activity for future development, aligning with the long-term vision for the area.”

Staveley 21 also includes the transformation of the market place to create an enlarged public space to support existing uses such as Staveley Town Council’s regular markets but also as a setting that can be used to host a wide range of new events to encourage more people to visit the town centre.

Proposals include new tiered outdoor seating to support outdoor theatre and open-air cinema screenings, and natural play equipment to help make the marketplace more attractive to families.

New paving, lighting, street furniture and planting will help create an enhanced atmosphere and visitor experience at any time of day or night whilst new signage will help connect the town centre with Staveley’s other visitor attractions including the Chesterfield Canal and Staveley Hall.

There is also a shop front improvement grant scheme for businesses based in the town centre. Up to 80% of the costs of shop front improvements like new signage, windows, canopies, and much more can be funded through the scheme.

Ivan Fomin, chair of the Staveley Town Deal Board, said: “The Staveley 21 project has the potential to be transformative for the town centre, ensuring that it is a place where local people and visitors will want to spend time whilst also supporting local businesses to grow not only now but in the future.

“Our aim through the town deal is ensuring that Staveley is a place where people can Start, Stay and Grow and the town centre reflects this with something to entice all ages to visit, support local businesses and to help them to grow.”

Streets Chartered Accountants covers Virtual Finance Offices, Working Capital Cycles, Annual Tax on Enveloped Dwellings, and more in new news roundup

Streets Chartered Accountants covers Virtual Finance Offices, Working Capital Cycles, Annual Tax on Enveloped Dwellings, and more in its latest monthly news roundup.

New Virtual Finance Office (VFO) service

We are often asked what is a Virtual Finance Office or VFO? A Virtual Finance Office replaces the more traditional in-house finance department or team, with an external third-party virtual finance team.

Outsourcing your finance function often involves the sending out of work just for processing. In contrast a Virtual Finance Office not only provides the processing of transactions and production of information, but also greater additional financial input, support and advice. Read more.

Every business has a working capital cycle. This is the time it takes for your business to turn net current assets into available cash.

The longer the working capital cycle, the more time it takes for your business to get a robust cash flow. It’s good practice for businesses to manage their cycle by looking at each step where possible. This could be by selling stock or product quicker, collecting monies owed sooner and possibly paying bills later on. Read more.

However, the charge can apply to any UK residential property wholly or partly owned by a company (including a partnership with a corporate member). Read more.

The Budget 2024 – catch up!Last week Streets hosted a post Budget webinar, ​​​​​​​providing details of the announcements along with an update on topical issues affecting business clients and private individuals for the new tax year 2024/25.

This presentation was recorded and is now available on demand for those who weren’t able to join live. Watch now.

Chesterfield packaging manufacturer sees mixed year

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Robinson plc, the custom manufacturer of plastic and paperboard packaging, ended 2023 “with a much stronger business,” its Chairman has said in audited results for the year to 31 December 2023.

While operating profit before exceptional items and amortisation of intangible assets increased to £2.2m, from £2m in 2022, revenue was down 2% to £49.7m, from £50.5m in 2022. Meanwhile, the company posted a loss before tax of £0.7m, in comparison to a £2.3m profit in the year prior.

Alan Raleigh, Chairman, said: “Robinson ended 2023 with a much stronger business. We improved adjusted operating profits, achieved surplus property sales, and secured the return of the pension escrow account funds to reduce gearing and strengthen our balance sheet.

“We have largely renewed our manufacturing asset base, won important new business with leading FMCG customers and are now seeing sales volumes recover.

“We have taken the necessary actions to make Robinson more resilient, more competitive, and more responsive. As market conditions begin to improve, we are well placed to generate sustainable long-term value for our shareholders. 

“Following improved momentum in the second half of 2023, and reflecting the effect of new customer projects and the full year impact of cost savings, the Company expects revenue, and operating profit (before amortisation of intangible assets and any exceptional items), for the 2024 financial year to be ahead of 2023. We remain committed in the medium-term to delivering above-market profitable growth and our target of 6-8% adjusted operating margin.”

336-acre sustainable urban extension scheme in Skegness gains approval

Plans to transform part of the East Lincolnshire coast have taken an important step forward, following unilateral approval of the 336-acre sustainable urban extension scheme in Skegness. The news, delivered Wednesday 20 March at an executive meeting of East Lindsey District Council in Horncastle, means the town is on the cusp of receiving more than £300 million in economic benefits, delivering hundreds of local jobs. Projections undertaken by the Gateway team showcase the scheme will deliver employment benefits of £289.7 million, £20.5 million and £16 million in Gross Value Added (GVA) measurability for commercial, industrial and retail sector jobs. The proposed Local Development Order is seeking to expedite the delivery of up to 1,000 new homes and more than 49 acres of combined business, industrial and community space. Situated to the west of the town, on land principally owned by Croftmarsh, with additional areas owned by the Scarbrough family, the Skegness Gateway scheme is set to breathe new life into an area of the Lincolnshire coast that drastically needs change in order to secure its future, boosting the local economy and providing the education and jobs for local people that will encourage them to stay in the area. Sue Bowser of Croftmarsh said: “This is a milestone moment for the people of Skegness and an important step in revitalising our town and community. It is a pathway for people to carve a real future in the town, with employment, skills and learning opportunities all situated within one site, connected by an ambition to restore Skegness at the heart of East Midlands economic investment. “Having farmed the land at Croftmarsh for 30 years, it was always hoped that it could eventually be used for development. Now, it’s a chance for prospective consultants, developers and investors to look more closely at our plans and be a part of transforming Skegness’ future. It will become a new home for thousands of families, a place of ambition and prosperity, with a lasting legacy for generations to come.” As part of the proposals, the Skegness Gateway site also includes provision for a new crematorium, 78 acres of green open space, supported living options and a new local centre. The scheme has garnered wide stakeholder and public support since its launch three years ago, following a series of engagement sessions and appearances at local community events. Last November, it was described by Matt Warman, MP for Boston and Skegness as a catalyst to ‘allow people to gain the skills and knowledge they need to get the jobs they want.’ The scheme was also mentioned in the House of Commons as offering a ‘significant boon to local NHS services.’ Enabling works on the new Skegness TEC college, which is situated on the Skegness Gateway site, is already underway, following planning permission being granted in February last year. Adrian Clarke, group vice principal for corporate services at TEC Partnership, said: “The new campus will provide fantastic opportunities for the local community to undertake courses in further and higher education and develop the skills the area needs for its future.” Chris Baron, chair at Connected Coast, said: “We are seeing unprecedented investment in Skegness which is supporting the delivery of aspirational and transformational projects. “The Skegness Gateway represents a further and significant opportunity to create much-needed facilities for the area and enhance Skegness for people who live and visit here. “Together the opportunities, interventions, and investment – which includes the Towns Fund and the recently announced Long Term Plan for Towns – will bring long-term, sustainable benefits for Skegness which will be felt for generations to come.” Councillor Steve Kirk, East Lindsey District Council portfolio holder for coastal economy, said: “I am delighted to see another positive step taken towards delivering this transformational piece of investment to Skegness and East Lindsey as a whole. “By supporting these plans, we are helping to create new jobs, new education and skills development options, new homes and new opportunities for businesses and the local economy. This is yet another example that shows Skegness is a great place to live, work, play and invest. “Alongside our ongoing Towns Fund and Levelling Up projects, the positive impact of these developments will be felt for generations to come, and I look forward to continuing to see them become a reality in the months and years ahead.”

Plans to replace Nottingham office building with new apartments approved

Plans for new apartments on Nottingham’s Waterway Street, in place of a vacant 1970’s two storey office building, have been approved by the city council. The proposals for the site near Nottingham train station come from Rainier Developments, and will see the demolition of the existing Waterway House building and construction of a new build development comprising 191 apartments. The scheme is to offer 122 one bed and 69 two bed flats over a block of three to eight storeys. The development is to provide 22 car parking spaces and 4 disabled parking spaces, as well as 191 cycle parking spaces within cycle store rooms. The site on Waterway Street was purchased by Rainier Developments from Nottingham City Council last year.

Leicester City FC referred to independent Commission for alleged breach of Profitability and Sustainability Rules

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The Premier League has referred Leicester City FC to an independent Commission for an alleged breach of Profitability and Sustainability Rules (PSRs) and for failing to submit their audited financial accounts to the League. The alleged breach relates to the assessment period ending Season 2022/23, when the club was a member of the Premier League. Leicester City were relegated to the EFL Championship prior to the introduction of the Premier League’s new Standard Directions, which prescribe a timeline within which PSR cases should be heard. Therefore, the proceedings will be conducted in accordance with a timetable to be set by the independent Commission. The Club responded in a statement: “Leicester City is surprised at the actions the Premier League has taken today. The Club is extremely disappointed that the Premier League has chosen to charge LCFC now, despite the Club’s efforts to engage constructively with the Premier League in relation to the matters that are the subject of this charge, even though LCFC is not currently a Premier League club.
“LCFC remains willing and eager to engage constructively with the Premier League and the EFL to seek the proper resolution of any potential charges, by the right bodies, and at the right time. The Club continues to take careful advice about its position and, if necessary, will continue to defend itself from any unlawful acts by the football authorities, should they seek to exercise jurisdiction where they cannot do so, as occurred earlier this year. “LCFC has repeatedly demonstrated its commitment to the P&S rules through its operating model over a considerable period, achieving compliance while pursuing sporting ambitions that are entirely credible given the consistent success that the Club has achieved in that time, both domestically and in European competition. As we continue to represent the Club’s position, we will continue to fight for the right of all clubs to pursue their ambitions, particularly where these have been reasonably and fairly established through sustained sporting achievement. “The Club thanks its supporters for their understanding in this matter and for their continued support for our team, whose success on the pitch during the final weeks of the season remains our primary focus.” The news comes after Nottingham Forest was deducted four points following a breach of the Premier League’s Profitability and Sustainability Rules.

Chartered surveyors move into Northern Gateway Enterprise Centre

A multi-disciplinary firm of chartered surveyors specialising in property auctions, surveys and agency has moved to Chesterfield’s Northern Gateway Enterprise Centre. PriceLinsey boasts a combined 43 years of experience, with each team member having worn many hats in the property industry across Chesterfield, Sheffield, and also Manchester. The three directors had known one another for almost a decade before deciding to venture out on their own and join forces, with Richard and Marcus going on to meet Jodie when they worked alongside each other at another local property firm. Marcus Linsey, Director at the company, said: “Moving into the Northern Gateway Enterprise Centre was a really good move for our business. “The new grade A office accommodation with its easy-in easy-out terms suits our growing business and is superbly positioned within the heart of the town for us to connect with other solicitors and estate agents that we work alongside. The modern look and feel of the building also reflects our brand image.” The company said that with all three directors living and working in the town, it made sense to make Chesterfield PriceLinsey’s new home. Marcus continues: “Chesterfield is the perfect place to live and work being strategically located close to the M1 motorway, mainline railway station yet also within touching distance of the peak district for when you need to get away from it all! “We work closely alongside other local business including valuation work for solicitors and survey work for estate agents, and have been humbled by the positive response we have received since establishing. When we were expanding and looking for more office space, the borough council pulled out all the stops to allow us to move into the Enterprise Centre in the timescales we needed – which was short notice!” PriceLinsey is now hoping to capitalise on further growth in the town following its recent move, with Marcus adding: “We hope the business will continue to grow by increasing the number of properties sold at auction and are keen to work alongside local authorities in the region to act on their behalf. “On the other side of the business, we are carrying out an ever increasing amount of survey and valuation work. As this builds up we hope to take on an apprentice to help with this work. Who knows – we may soon need a bigger office in the NGEC!”

Tourism strategy launched for Northamptonshire

To coincide with English Tourism Week, a new tourism strategy for Northamptonshire has been launched by North Northamptonshire Council (NNC) and West Northamptonshire Council (WNC). The Northamptonshire Tourism Strategy sets out a vision and approach to nurturing and enhancing the county’s visitor economy and aims to improve pride in place, generate inward investment and create new employment opportunities as well as reduce carbon emissions in line with both councils’ sustainability goals. The strategy, which has been developed over an 18-month period and co-produced by WNC and NNC alongside partners and stakeholders from across the public, private and voluntary and community sectors, will be implemented between now and 2030 focusing on 4 key themes: Visits and Value, Great People, Better Business and Inspirational Places. A total of 150 representatives from across the industry, both councils and stakeholders gathered for an event at Northampton Museum and Art Gallery (on 19 March) to hear about opportunities to progress the development of a Northamptonshire Local Visitor Economy Partnership, as well as see the new strategy and hear from presenters including Visit England. National statistics show Northamptonshire receives over 18 million visits each year. This totals a spend of close to £1billion which supports over 30,000 jobs and 3,000 businesses across the county, including a wide range of attractions, hotels, pubs and other venues that visitors value and enjoy. NNC and WNC want to grow this economy to not only support local businesses and increase footfall and spend, but to raise the profile of Northamptonshire on a global scale as a unique destination to visit time and time again. Cllr Helen Howell, NNC’s Deputy Leader and Executive Member for Sport, Leisure, Culture and Tourism, said: “While we all know that Northamptonshire is a hidden gem, combining gorgeous countryside, ancient woodlands and cultural treasures, we need to let the rest of the world hear what’s on offer and invite them to relish in our county’s grandeur. “The recent 2023 cinema smash, Saltburn showcased the stunning heritage we have right on our doorstep at the wonderful Drayton House but this is just a tiny slice of what we have with the county bursting with stately homes and countless honey-stone villages. We really are the envy of others around the globe. “I’m tremendously proud that we’re part of a partnership which has launched a new tourism strategy for our county and we’re determined to work with the industry and local businesses and attractions to ensure that Northamptonshire’s visitor economy is supported to maximise tourism. “Whilst both councils are working together on delivering the strategy, we are also committed to our respective areas and, here in the North, we have provisionally been allocated £5 million from Government which will help develop our cultural offering even further.” Cllr Daniel Lister, Cabinet Member for Economic Development, Town Centre Regeneration & Growth at WNC, said: “Everyone in Northamptonshire knows our area is a unique destination for every resident, visitor, business and investor to enjoy time and time again, before relocating here permanently. “The offer of this county combines the beauty of the Cotswolds with the excitement of London; there is an unlimited number of things to see, do and experience and we know that the strength of our combined voices will continue to get Northamptonshire showcased on a global stage. We are dedicated to working with as many partners as possible to enhance the local visitor economy and achieve pride in place for everyone within the area. “Here in West Northamptonshire, we’re proud to be home to Silverstone which just received a 10-year extension of the Formula 1 grand prix, we’re hosting large scale music events in the summer including A Perfect Day concert featuring award winning headline act James Arthur, and next year we’ll be hosting the Women’s Rugby World Cup. “Northamptonshire is an area that has a unique offering, a robust heritage and an incredible potential for growth. I’m extremely excited to see this develop and our Economic Growth & Inward Investment service will be working diligently to secure LVEP status for Northamptonshire as soon as possible.”