Largest loan amount in over a decade awarded by Leicester charity

The Sir Thomas White Loan Charity (STWLC) has awarded its largest quarterly loan amount in over 10 years, with £171,000 to be delivered in interest-free loans to 14 Leicestershire businesses, and £11,500 awarded in interest-free education loans to support postgraduate studies. In total, 16 loans were approved this quarter, totalling £182,500. This represents the largest business loan total approved by the charity in a single quarter in over a decade – and is also the largest overall total for a quarter in over 10 years. Among the 14 Leicestershire businesses to receive interest-free loans this quarter are an optician, landscape gardener, creative agency, make-up artist and videographer. Meanwhile, the two education loans will help individuals to study postgraduate courses in Camera, Sound & Vision Mixing in TV production and an MSC in Economics and Finance. Established in 1542, STWLC hosts quarterly application windows each year in which people aged over 18 and under 45 can apply for unique interest-free loans of up to £20,000 to aid local businesses, or £10,000 to support students wishing to return to postgraduate education. The charity’s loans are interest-free for nine years, and become repayable by equal instalments after three years. Lucy Womack, chair of STWLC, said: “All I can say is, wow! To have approved our largest quarterly loan amount in over a decade is incredible news for the charity and we’re absolutely thrilled to be expanding our support to so many across Leicestershire & Rutland. “The number of applications we received was fantastic, but it was the high quality of these applications and business plans which was most pleasing to see, and this is the reason why we were able to approve such a large allocation. “Our offer is unique, and it sometimes sounds too good to be true, but these businesses and individuals will be seeing first-hand how valuable an interest-free loan can be for a start-up, an existing business, or when returning to university. “If you could benefit from an interest-free business loan up to £20,000, or an education loan up to £10,000 to support with tuition and living costs, please visit our website to find out more. The worst we can say is no, but the chances are, we’ll say yes!” The next deadline for applications is 3.30pm on Monday 3 July 2023.

The East Midlands Bricks Awards 2023: “A great opportunity to recognise the expertise of the region’s property and construction supply chain”

Derby City Council is showing its support for Business Link’s East Midlands Bricks Awards 2023, calling it “a great opportunity to recognise the skills and expertise of the region’s property and construction supply chain.” The event celebrates the East Midlands’ property and construction industry, its people, and exceptional developments, and provides the perfect occasion to shine a light on your team, reward their hard work, and boost morale. Councillor Nadine Peatfield, Cabinet Member for City Centre, Regeneration, Culture and Tourism at Derby City Council, said: “We’re ready to bring a fresh energy and perspective to delivering an ambitious programme of regeneration for the people of Derby. As a new administration, we’re committed to creating a thriving and vibrant city and look forward to working with talented, innovative and sustainable development partners. “The East Midlands Bricks Awards is a great opportunity to recognise the skills and expertise of the region’s property and construction supply chain.” With nominations open until Thursday 31 August, now is the ideal time to enter your (or another) business/development for the awards. To do so – click on a category link below or visit this page.
Award categories include: Winners will be revealed at a glittering awards ceremony on Thursday 28 September, in the Derek Randall Suite at the Trent Bridge Cricket Ground – an evening also offering an opportunity to establish new connections with property and construction professionals from across the region. The event will also feature Mike Denby, Director of Inward Investment and Place Marketing at Leicester City Council, as keynote speaker. Tickets can now be booked for the awards event, which runs from 4:30pm – 7:30pm – click here to secure yours. Network with local decision makers over canapés and complimentary drinks while applauding the outstanding companies and projects in our region. Dress code is standard business attire.
  Thanks to our sponsors:                                                             To be held at:

E-mobility start-up Ottr joins forces with five brands to create global mobility powerhouse

Under the flagship umbrella of ‘Today’, East Midlands firm Ottr and five other brands which are backed by venture capitalist fund EFO Ventures mark a significant milestone in the micro-mobility industry. Ottr, Frog, Leap, Element, MIXTE and White Fox will unite their expertise and resources to deliver a comprehensive end-to-end micro-mobility management service. Reflecting on this groundbreaking merger, David Bothwell, the director and founder of Ottr, expressed his excitement, stating: “We at Ottr are now part of something much bigger than we ever thought possible. The team at Ottr should take stock of their amazing work completed, lessons we have learned together, and all in under two years.” ‘Today’ is driving the Mobility-as-a-Service (MaaS) revolution forward, with an initial offering of 1,500 vehicles in Nottingham (England), and currently expanding to Lisbon (Portugal) and Dublin. Its commercial fleet consists of 8,000 vehicles made up of e-scooters, e-bikes, e-cargo bikes and e-mopeds. They are available for shared mobility operators, delivery companies, universities and consumer brands wanting white label solutions. For Ottr, joining forces with ‘Today’ enables it to “leverage cutting-edge products, technology, and profitable business models across hardware and MaaS verticals.” This strategic integration safeguards Ottr from seasonality in shared mobility, allowing it to thrive by diversifying revenue streams and driving sustained profitability. “Profitability is our focus, and covering the entire value chain allows us to thrive without dependency on a single revenue source,” explained Today’s co-founder, Sean Flood. Looking ahead, the team is already in discussions about bringing more companies under the ‘Today’ brand.

Jobs created as Leicester manufacturer fast-tracks expansion with Growth Hub support

Creating jobs and improving efficiency was always part of the plan for Micro Weighing Solutions (MWS). And the Leicester-based firm turned ideas into outcomes with help from the LLEP Business Gateway Growth Hub. Support meant that MWS secured funding for a mezzanine floor at its Birstall base – increasing factory capacity by 2,000 square feet and taking on two new staff and an apprentice. Established in 1998, MWS offers an end-to-end weighing service – design and manufacture, installation, and ongoing maintenance. It has expanded at speed, with recent growth aided by a grant from the Growth Hub. In 2020, MWS opened a base in County Durham to help service demand from the north. By 2022, it had doubled its capacity. It now aims to continue its growth and relationship with the Growth Hub. Managing Director, Andrew Clarke, explained: “Expanding our capacity was always part of our long-term plan, as we knew it would open up growth opportunities for us. “The Growth Hub team was integral in helping us bid for the funding that has since paid for the work at the factory. “As a result, we have been able to employ more staff, dedicate an area for repairs, and streamline our production process – making it much more efficient.” The story behind MWS’s growth is one of several that will be told at a special event on June 23, celebrating the success and progress of firms which have been helped by the Business Gateway Growth Hub. Andrew added: “Leicester is where it all began for MWS. As a company, we are proud that all of our products are manufactured locally with components that are sourced from UK-based partners. “This is important, both for sustainability and because it also allows us to ensure our products are high quality through closely managing our supply chain.” The Business Gateway Growth Hub provides free and impartial support for business growth in Leicester and Leicestershire. It is part-funded by the European Regional Development Fund (ERDF) and delivered in partnership with Leicester City Council, Leicestershire County Council, East Midlands Chamber (Derbyshire, Nottinghamshire, Leicestershire) and the Leicester and Leicestershire Enterprise Partnership Limited (LLEP). While current ERDF funding ends this month, other support and signposting from the Business Gateway Growth Hub will remain for local businesses. “The support we have received from the Growth Hub has helped the business develop and grow,” Andrew added.

FHP complete sale of Hockley investment

FHP, acting on behalf of a private family, have completed the sale of 38/40 George Street/22a Lower Parliament Street at a price in excess of the quoting price with the help of Russell Thompson of Massers. The 3,900 sq ft property has been in the family for many years and is occupied by DG Cars and a Nail Bar at Ground floor with two floors of offices above, one of which is vacant. The current income is £31,900 pa. David Hargreaves of FHP, who handled the instruction, confirmed a sales price of £425,000 was achieved against the asking price of £400,000, and that from first inspection to completion took just 14 weeks. Hargreaves said: “We targeted our marketing at both investors and developers alike as the property provided not only a well-established income stream but also had opportunities to add value through the conversion of the upper floors to student accommodation or apartments together with scope to add one or two more floors, subject of course to securing the appropriate planning consents.” The vendor said: “We are absolutely delighted with the advice from David and his team at FHP, they did everything they said they would, their deep market knowledge and clever marketing generated a lot of interested parties from day 1 and we achieved a price in excess of our aspirations. “Furthermore the sale was completed a lot quicker than expected – really excellent work by both FHP and Massers.”

Ground broken at Derby Business School development

Construction is underway for the development of the University of Derby’s new Business School, which will provide a facility for cutting-edge research, learning and teaching, and support businesses in the region and across the globe. The new Business School, which is being built by Kier on land adjacent to the University’s One Friar Gate Square, is projected to be the study base for more than 6,000 students by 2030, supporting the local economy and adding to the vibrancy of the city centre. To mark the progress of the project, a ground-breaking ceremony was held at the site on Friday (9 June), with guests including the University’s Chancellor Lord Burlington DL, academic colleagues, and representatives from Kier and Derby City Council. Professor Kathryn Mitchell CBE DL, vice-chancellor of the University of Derby, said: “This new development is ground-breaking for many reasons. The state-of-the-art facilities will not only enable the University to extend its opportunities to undertake innovative and impactful research, but will also enable staff to deliver experiential learning and teaching through co-location and co-creation with businesses, and will become the front door of the University for the business and wider community. “At Derby, our ethos is on equipping students with the skills and confidence to become gamechangers in their chosen career. As a leading institution for applied research, we recognise the importance of providing relevant activity to industry and the wider world, leading the way in impact from industry engagement. “We look forward to seeing the project develop and continuing to work closely with key stakeholders to drive the new site to completion.” The development, which is proposed to be net zero carbon in construction and operation under the UKGBC’s Net Zero Carbon Buildings Framework, kickstarts the University’s City Masterplan, which aims to develop its footprint in the city and improve connectivity across sites. The new Business School is planned to include facilities such as an auditorium, a stock market financial trading room, a creativity lab, an extended reality (XR) suite and a range of social collaborative study spaces and quiet contemplative areas. Lord Burlington DL, chancellor of the University of Derby and chair of the Business School Council, said: “The new Derby Business School will provide a place that inspires and encourages enterprise and innovation, where students and expert academics can collaborate, network with, learn from, and support local business leaders and entrepreneurs. “This is a once-in-a-generation opportunity to make a substantial impact on economic development and social mobility in our region. This is one of the reasons why I agreed to chair the Derby Business School Council, which will help shape our strategy to achieve this.” As part of the development, Kier will work with the University, local businesses and supply chain partners to create new jobs and apprenticeship opportunities, 25 work experience placements and two graduate opportunities. Martin Williamson, operations director for Kier in the East Midlands, said: “We are delighted to be working with the University of Derby on this innovative business school in the heart of the city. We will use our extensive experience in the higher education sector to deliver a landmark building that fulfils the University’s ambition to connect students with local businesses and their wider community.”

Pro-Align undergoes buyout

Pro-Align, a Midlands-based supplier of wheel servicing equipment to the automotive industry, has undergone a buyout. Northamptonshire-based Pro-Align was founded in 1990 and has grown to become the exclusive UK distributor for Hunter-branded equipment in the UK, supplying major vehicle manufacturers, dealerships, and national repair chains. The transaction sees founders, Paul and Kathryn Beaurain, retire after more than 30 years with the business and transitions control to fellow co-founder, Philip Wylie who has extensive automotive industry and investment banking experience. Philip Wylie said: “Looking ahead, these are incredibly exciting times for all of us at Pro-Align. We will continue to evolve our relationship with Hunter while also developing our structure, expanding our product range and investing in products and services that ensures Pro-Align remains the number one choice for workshops across the UK.” Shaf Bheda, Mark Tuckwell and Chris Matthews, of Magma Corporate Finance, provided corporate finance and debt advisory services, with supporting tax advice being provided by Magma’s Liam Meade. Matt Thompson at Howes Percival offered legal advice to the sellers, with James Maynard, Sian Davies and Ashley Simpson, of Knights, acting for the buyer. Funding was provided by HSBC with Daniel Toone, Simon Richards and Paul Armstrong taking the lead. Stephen McElhone, of BHW Solicitors, offered legal advice to the lender. “We are delighted to have advised on the buyout of Pro-Align,” said Shaf Bheda, head of Corporate Finance. “This is a significant transaction for the company and we are pleased to have been able to support the transition of ownership of the business. We wish the team all the best for what we know will be a very exciting period ahead.”

Geldards appoint leading public sector specialist

Law firm Geldards has appointed Frank McArdle as a consultant to the firm’s Public Sector team. Frank joins the team having led South Derbyshire District Council as Chief Executive for 24 years, recently retiring in March after over 40 years of service at the local authority. He previously held the role of Head of Legal & Democratic Services at the same authority as well as the posts of Director of the South Derbyshire Local Strategic Partnership, Member of the Board of the East Midland Freeport and Chair of the Council’s Equality, Diversity & Inclusion Group. Commenting on the appointment, chairman David Williams said: “I’m delighted that someone of Frank’s calibre and reputation will be joining our Public Sector team. “The team have experienced significant success and growth in recent years and Frank’s expertise and insight gained from a 40 year career at South Derbyshire District Council will be invaluable in maintaining that success and reputation as Public Sector specialists.” Frank McAardle says: “I am looking forward to adding my many years’ experience in local government to the Public Sector team at Geldards.”

Chamber announces finalists for Enterprising Women Awards

Finalists across 10 categories of the East Midlands Chamber’s Enterprising Women Awards have been announced for 2023. They will go on to take part in a judging panel on 11 July, made up of members of the Enterprising Women team, Chamber board of directors, and category sponsors to get their chance to pitch before winners are decided. Winners will be announced at Enterprising Women’s flagship gala dinner, which will take place on 6 October at Winstanley House in Leicester. Longstanding categories are up for grabs, such as Small Business of the Year, Female Employee of the Year, Apprentice of the Year, and the headline award Business Woman of the Year, as well as the refreshed She Who Innovates Award for those working in STEM-related industries. Categories introduced last year to mark the network’s 25th anniversary will also return to the programme, including the Rising Star Award and Lifetime Achievement Award – which doesn’t have a shortlist and will instead be given as a surprise to an unsuspecting winner. Enterprising Women co-chair Jean Mountain said: “We’ve received another cohort of outstanding applications from women working across the region, and the shortlist features some truly inspiring achievements and stories. “It’s fantastic to see women in business across a wide range of sectors and backgrounds recognised through the programme, as well as those across different parts of their career journey – from those just starting out in apprenticeship roles to highly successful business leaders representing everything that is great about our region.” Fellow co-chair Eileen Perry added: “Shortlisting the finalists has been a massive challenge for our category sponsors from the high calibre of entries, and we’re really looking forward to the judging panel to hear more about their work. “Women in business across the East Midlands are doing fantastic and inspiring work, and we are delighted to be able to recognise their achievements through the Enterprising Women Awards each year.” The Shortlists Apprentice of the Year (Sponsored by Futures Housing Group)
  • Alice Lees – Rolls-Royce
  • Courtney Brindley – Express Recruitment
  • Florence Comasky – EMA Training
  • Lucy Coope – trentbarton
  • Lucy Hilton – Cosy Direct
  • Sophie Shapcott – Smith Partnership
Social Commitment Award (Sponsored by She Inspires Global)
  • Cosy Direct
  • Guildford Europe
  • Rosie May Foundation
  • Rotheras Solicitors
  • Spenbeck
Female Employee of the Year (Sponsored by Nelsons)
  • Asiya Parekh – Leicester Hospitals Charity
  • Brogan Lees-Collier – Forsyth Barnes
  • Cherryl Holland – trentbarton
  • Emily Brailsford – Rural Action Derbyshire
  • Sarah Budgie – Regency Source
Rising Star (Sponsored by Amanda Daly – The Turnaround CEO)
  • Chloe Heard – MHA MacIntyre Hudson LLP
  • Coral Guard – GBS Apprenticeships
  • Katie McLoughlin – Soft Touch Arts
  • Ruby Birks – Purpose Media
  • Scarlett Tinsley – ER Recruitment
Female Entrepreneur of the Year (Sponsored by Fraser Stretton Property Group)
  • Julie Adams – Auditel
  • Julie Clark – Savage Lighting
  • Sally Faulkner – Bond Street Distillery
  • Sarah Withers – Withers Gin
  • Therese Lord – Construct3D
Team of the Year (Sponsored by Breedon Consulting)
  • Flame UK
  • Generation Next ambassadors
  • PPL PRS collections team
  • PPL PRS marketing team
  • Rotheras Solicitors
She Who Innovates (Sponsored by Pick Everard)
  • ChangeXtra – Claire Mann
  • Construct3D – Therese Lord, Jacob Lord, Jason Lord
  • e-bate – Leanne Bonner-Cook and team
  • Purpose Media – Ruby Birks
  • RimPro-Tec Wheelbands – Deborah Chester
Small Business of the Year (Sponsored by Unique Window Systems)
  • Blueprint Interiors
  • CMP Legal
  • Design Studio Architects
  • Katapult
  • S&D Roofing
Business Woman of the Year (Sponsored by Michael Smith Switchgear)
  • Becky Valentine and Victoria Green – Spenbeck
  • Dawn Brown – Rose Cottage Doggy Daycare
  • Emma Allen – Acute Business Advisory
  • Jaz Kaur – Fraser Stretton Property Group
  • Sandy Prime – S&D Roofing

PwC Midlands welcomes new team members following People Force acquisition

PwC Midlands has welcomed 25 new team members to its Birmingham and Donington Court offices, following PwC UK’s acquisition of People Force.

The acquisition makes PwC one of the largest Ceridian implementation partners in Europe, the Middle East and Africa (EMEA) with a team of over 60 specialists in the UK. The firm will look to grow its team of specialists, building on its presence in the US and in Mauritius working together to deliver global projects.

The UK based People Force team supports clients through their transformational journey specialising in implementing Dayforce, Ceridian’s flagship cloud human capital management platform that provides human resources, payroll, benefits, workforce management and talent management functionality.

Matthew Hammond, PwC UK Midlands regional market leader & Birmingham senior partner, said: “We are thrilled to welcome members of the People Force team to our Birmingham and Donington Court offices. Businesses, in the UK and globally, are investing and moving to the cloud at pace.

“Accordingly, People Force’s market-leading technology expertise enables us to provide our clients with even greater human-led, tech-powered innovation solutions to help them drive efficiencies and cost savings, both in their HR processes and across the workforce as a whole. The team will bolster our expertise here in the region and across the UK.”

The acquisition of People Force is one the latest investments in the Midlands by PwC, which also saw the recruitment of 160 graduates in the region and the acquisition of Olive Horse in early 2022.

Tim Quan, global vice president, System Integrator Alliances at Ceridian, said: “The completed acquisition of People Force, one of Ceridian’s partners, further strengthens our longstanding relationship with PwC. Together, we look forward to delivering quantifiable value and world-class experiences to our shared customers through our industry-leading Dayforce platform.”

Fundraising achievements permanently recognised in naming of new accommodation for rough sleepers

The fundraising achievements of Nottingham-based music producer DHP Family, local musicians and their audiences are to be permanently recognised in the naming of new accommodation for rough sleepers in the city. A block of eight purpose-built flats in Forest Fields is to be named Akins House after DHP directors George and Sean Akins. They masterminded the development of Beat the Streets – the annual one-day music festival dedicated to raising funds to support work with local rough sleepers by the charity Framework. Funds raised from tickets, bar sales and merchandising at each festival have been used in a variety of ways to house and support rough sleepers. The £89,500 raised at the 2023 Festival in January is contributing, for the first time, to the cost of new purpose-built accommodation – helping to meet the overall scheme cost of £1.4m. The flats will offer a permanent home with personalised support to help each resident live independently. This includes access to drug, alcohol and mental health support and employment guidance. Framework’s Chief Executive Andrew Redfern said: “The contribution of DHP’s Beat the Streets fundraising in 2023 has been essential in enabling this important building project to go ahead. “Not only is the sum itself very substantial but it came at a time when the scheme was in doubt had additional funds not been forthcoming. “The support for our work with rough sleepers and others, which is expressed through Beat the Streets, is remarkable. By naming our new accommodation Akins House we want to recognise the vision of George and Sean. “It is also a tribute to the commitment and support of all our friends at DHP Family and the hundreds of bands, solo artists, technicians, stewards and administrators who have generously given their time and talent over the past five years. “Last, but certainly not least, let’s not forget the audiences who have come along to the events – some of them year on year.“The success of Beat the Streets goes beyond the funds raised. It has inspired other partners to join our collective effort, amplifying the scope and effectiveness of responses to homelessness and rough sleeping.” DHP Family’s Managing Director George Akins said: “Everyone at DHP Family is very pleased to have been able to raise more vital funds for Framework this year.  We’re incredibly proud to bring the Nottingham music community together each January for such an important cause, and proud of the support that Beat the Streets has funded. “It’s brilliant to see the tangible difference the money raised is making to the lives of vulnerable people in our city, particularly with this year’s contribution going towards a permanent home that’s set to help many people over the coming years.” In the five years since the first Beat the Streets festival in 2018 more than £400,000 has been raised in total. In 2022 Beat the Streets received national recognition by winning the Sarah Nulty Community Impact Award at the UK Festival Awards. More than 300 individuals have already received support fully or partly funded through Beat the Streets. This has ranged from providing emergency shelter, urgent health assessments and periods in specialist supported housing, through to resettlement plans and permanent homes with personalised support. This integrated approach aims to set people up for success and prevent them from falling back into the cycle of repeat homelessness. Work is about to start at the Akins House site. The flats are due to be completed early in 2024.

Double senior hire as Flint Bishop eyes further growth

Law firm Flint Bishop has further expanded its employment team with two senior appointments in the space of a week. Siobhan Mulrey, based at the firm’s Birmingham office, joins as a partner from national law firm Irwin Mitchell, where she spent close to nine years honing her skills and building a strong reputation in the legal industry. Her previous experience also includes working at Harrison Clark Rickerbys and Higgs LLP. She brings with her a wealth of experience in all aspects of employment law including absence management, grievances, disciplinaries, pay disputes, redundancies, contract and policy drafting, as well as settlement negotiations, and strategic advice on large-scale restructures. Notably, Mulrey provided significant support and influence in Irwin Mitchell’s national education sector focus, leading on its work for schools and multi-academy trusts. Other recent work highlights include representing a multi-academy trust in the defence of claims for disability discrimination and constructive unfair dismissal, supporting a multi-national PLC energy business in a complex closure and relocation project, and representing a large construction and property management business in a high-stakes whistleblowing and unfair dismissal case. In addition, Mark Fearn, has been appointed as business development manager and will be based at the firm’s Derby headquarters. Fearn joins the company from MHR Global Ltd, a leading SaaS provider across the UK and Ireland, where he successfully led a team of 17 business development representatives with varying specialties. His team was responsible for all new business leads and in 2022, exceeded all lead targets contributing to the achievement of the annual business target of £105m. He brings with him over 10 years’ experience in sales and new business development and throughout his career has successfully built, led, and developed teams, motivating and coaching them to exceed sales targets and provide an excellent level of service. In his new role, Fearn will assume line management responsibility of a newly created team of business development executives tasked with generating new business opportunities and qualified appointments with senior decision-makers. Louise Easthope, Partner and Head of Employment at Flint Bishop, said: “I am thrilled to welcome Siobhan and Mark to Flint Bishop at an exciting period of growth for the firm. “Their experience and knowledge will undoubtedly enrich our team and broaden our capabilities, which will contribute significantly to our success in expanding our client base and achieving our business goals. “These appointments mark a significant milestone in the strategic growth of both the firm’s employment department and the wider Derby and Birmingham offices.”

East Midlands Cyber Resilience Centre teams up with Derbyshire Constabulary to deliver free cyber security guidance to local businesses

The East Midlands Cyber Resilience Centre has teamed up with Derbyshire Constabulary to deliver free cyber security guidance to local businesses within Derbyshire in a new community outreach campaign which will see the team visiting numerous towns across the county over the summer months. The campaign, which has the full backing of the Derbyshire Police and Crime Commissioner Angelique Foster, will see members from the Cyber Resilience Centre, Derbyshire Constabulary’s Cyber Crime Unit and Safer Neighbourhood Officers taking to the streets and talking to local business owners, promoting the Cyber Resilience Centre and its benefits to Derbyshire businesses and local services. The East Midlands Cyber Resilience Centre (EMCRC) is a police-led initiative which utilises the skills of its business and university partners to help small and medium sized organisations to better protect themselves against online threats by offering advice, guidance and the necessary services to make themselves more secure. Small to medium sized organisations seldom prioritise cyber security, often believing it to be unimportant or too expensive. They may be of the belief that they won’t be targeted by cyber criminals because they’re a small enterprise, when in fact the figures point to a small business in the UK being successfully attacked every 19 seconds. It’s hoped that by partnering with Derbyshire Constabulary our business communities will be confident that this police-backed campaign is important, trustworthy and worthwhile, leading them to take advantage of the EMCRC’s free community membership. The campaign begins on Tuesday, June 13, in Derby city centre, aided by the Derby City Centre Safer Neighbourhood Team. During the summer months, the EMCRC team – together with local SNTs and members from the Cyber Crime Unit – will visit towns such as Chesterfield, Matlock, Bakewell, Ashbourne, Ripley, Alfreton and Swadlincote amongst others, encouraging businesses in each area to bolster their cyber resilience via their free community membership, dispelling the myth that basic cyber security measures are expensive. Detective Inspector Colin Ellis from the EMCRC, said: “This is a really important campaign which will, by raising awareness of online crime, help to better protect our business communities and important local services. That’s why the Police and Crime Commissioner Angelique Foster and Derbyshire Constabulary are fully supporting us. “Cybercrime is not just a big business problem. On a daily basis it affects far more of our small businesses, charities, schools and other organisations, but these attacks don’t get the media coverage that the big businesses get. That’s why it’s important to make our local businesses aware of the threat of cyber-crime and help them become better protected.” For more information on the East Midlands Cyber Resilience Centre and to access free community membership, visit their website at www.emcrc.co.uk

Frasers Group acquires strategic stake in online electricals retailer AO

Shirebrook-based retail giant Frasers Group has acquired a strategic stake of 18.9% in online electricals retailer AO World Plc.

Frasers Group has purchased 109,400,000 issued shares at a price of 68p totalling an investment of £75m. The investment is said to be the culmination of productive talks over the last two years about establishing a strategic partnership.

Michael Murray, CEO of Frasers Group, said: “Frasers has long admired what John and the AO team have built, and we are delighted to have the opportunity to form a supportive, strategic partnership. AO is a fantastic business with a clear strategy which is leading the market in online-only electricals.

“Through this investment, Frasers will benefit from AO’s valuable know-how in electricals and two-man delivery, helping us to drive growth in our bulk equipment and homeware ranges. In turn, AO will have the opportunity to benefit from Frasers’ expertise and ecosystem.” 

John Roberts, founder and CEO of AO, said: “This is great news for AO and a fantastic endorsement for our business. We are delighted to welcome Michael and the wider Frasers team into the AO family and look forward to realising the significant potential that we see for this partnership.

“As we continue to build on our strategy of pivoting to profitable growth, it will be hugely exciting to have a range of compelling strategic opportunities to explore together and we’re very much looking forward to working with Michael and his team.”

Softer rise in East Midlands output, but new order growth sustained in May

The headline NatWest East Midlands PMI® Business Activity Index – a seasonally adjusted index that measures the month-on-month change in the combined output of the region’s manufacturing and service sectors – posted 50.8 in May, down slightly from 51.5 in April, to signal only a marginal expansion in output at East Midlands private sector firms. Greater business activity reportedly stemmed from a sustained uptick in new orders. The rise in activity was the fourth in successive months, but was the weakest in this sequence of growth. Moreover, the rate of increase was slower than the UK trend, with only Yorkshire & Humber and Scotland recording softer upturns, while Wales posted a decline. Private sector firms in the East Midlands registered a fourth successive monthly expansion in new business during May. The pace of growth accelerated to the second-fastest since March 2022, despite being only marginal overall. Anecdotal evidence suggested that greater new orders were due to stronger demand conditions and increased customer referrals. The rate of expansion was slower than the UK trend, however, despite the pace of growth at the UK level easing. Output expectations across the East Midlands private sector remained upbeat in May, as the level of business optimism posted slightly above the long-run series average. Hopes of a pick up in client demand, and planned investment in new products and machinery reportedly drove positive sentiment. Although the degree of confidence slipped to a three-month low, it was broadly in line with the UK average. May data signalled a marginal uptick in workforce numbers at East Midlands firms. Alongside reports of greater ease in hiring following increased availability of candidates, companies stated that employment rose amid new business growth. That said, the pace of job creation slowed from that seen in April, reflecting the wider UK trend which also indicated only a marginal rise in staffing numbers. Private sector firms in the East Midlands signalled an eighth successive monthly decrease in the level of outstanding business in May. Survey respondents noted that lower backlogs of work were due to sufficient capacity and muted growth of new orders. The rate of contraction slowed to the weakest since November 2022. The pace of decline was quicker than the UK average, despite softening. Cost burdens faced by East Midlands private sector firms continued to increase during May. The rate of inflation picked up fractionally but was the second-slowest since February 2021. Nonetheless, the pace of uptick was sharper than the series average and broadly in line with the trend seen across the UK as a whole. Hikes in input costs were often linked to greater wage bills and higher prices for some raw materials including timber and concrete. May data signalled a softer but still marked uptick in output charges at East Midlands companies. Anecdotal evidence commonly highlighted the pass-through of increased costs to clients as driving the rise in selling prices. Although steeper than the long-run series average, the rate of increase in output prices was slightly weaker than the UK trend. Some firms noted that efforts to drive new sales sparked a slower rise in charges. Rashel Chowdhury, NatWest Midlands and East Regional Board, said: “Firms in the East Midlands continued to register expansions in output and new business in May, however, rates of growth remained muted and only marginal overall amid challenges posed by the cost-of-living crisis and ongoing inflationary concerns. “Nonetheless, some resolution to issues faced earlier in the year with regards to firms’ ability to hire meant that employment grew again, as capacity shortages in certain areas were plugged. “Inflation remained a key concern for firms and their expectations regarding future output levels and demand conditions. Cost pressures were sticky in May, as the latest data signalled a reversal of the recent downward trend in input price inflation. Efforts to drive sales in the face of strain on margins, however, led to a softer uptick in charges.”

East Midlands Chamber urges businesses to adopt new thinking in recruiting and retaining people amid skills gaps

From supporting out-of-work people to find sustainable jobs to creating workplaces where employees feel they “belong,” new thinking is needed from businesses to plug major skills gaps, says East Midlands Chamber. The business support and representation network for Derbyshire, Leicestershire and Nottinghamshire is embarking on a strategy to support firms with their people needs by gathering intelligence from employers, facilitating the sharing of best practices and creating new toolkits. A key milestone in this work was the East Midlands People and Skills Summit, held in partnership with Loughborough University at its West Park Teaching Hub (Thursday 8 June). More than 200 delegates heard from speakers including Baroness Nicky Morgan, the former Education Secretary who now chairs The Careers and Enterprise Company, a national organisation that helps to bring employers closer together with educators in developing careers education. Naomi Clayton, director of the Learning and Work Institute, also discussed research into why the UK has a shortfall of about one million workers compared to pre-pandemic trends because of rising economic inactivity levels – in which people have left the labour market for reasons such as long-term sickness, caring duties, studying and early retirement. East Midlands Chamber director of policy and insight Chris Hobson said: “People are a critical ingredient to businesses realising their growth ambitions, yet many have faced major challenges in finding the skills they need from one of the tightest labour markets we have ever seen. “In 2023, we are in a position where a multitude of changes are unfolding – whether it’s in technology, ways of working or the make-up of our society and workforce – which means we must adopt new thinking to how we recruit and retain our people for business needs. “The Chamber has a key role to play in helping firms navigate these areas, and the East Midlands People and Skills Summit was a major milestone in this body of work, with the insights we learned helping us to determine the practical business support tools we can create. “These cover how they can tap into the young talent coming out of our schools, colleges and universities, but also includes how we engage those people who have left employment since the beginning of the pandemic. “We must also consider how to create a sense of belonging within workplaces, which engages a more diverse workforce with the ability to bring new ideas, perspectives and skills to an organisation – ultimately benefitting the bottom line.” East Midlands Chamber’s Quarterly Economic Survey showed that while six in 10 East Midlands businesses attempted to recruit in the first three months of 2023, almost three-quarters (73%) of those struggled to fill roles. Other key activity within its people and skills focus includes dedicated research into inclusive workplace policies across East Midlands employers, a roundtable about how to support more businesses in this area, and the launch of a Collective Skills Intelligence Observatory that provides a data-led approach to help companies and educators understand skills needs and delivery in local areas.

Plans to activate Broad Marsh streets take a step forward

Proposals to activate streets around the Broad Marsh area have taken a step forward with a decision to remove restrictions to allow trading to take place. The City Council is looking to establish areas in the revitalised streets around Broad Marsh where businesses could set up to give a flavour of what to expect once the area is redeveloped. The move would allow pop-up businesses to set up shop on a number of streets including Sussex Street near the new Nottingham College building, Collin Street opposite the new Central Library and Listergate near the soon-to-be-developed Green Heart space, with a view to potentially staying in the area long-term. This early activation of the site aims to drive footfall to parts of the site which have been underused and overlooked but have now benefited from extensive regeneration. This will further enhance the gateway into the city centre, by giving the million people who pass though the area each year reasons to stay rather than simply walk through. This includes visitors to the city coming from the train station, tram system and new Broad Marsh bus station and car park, along with thousands of students at the new Nottingham College. This approach would give early adopters the opportunity to experiment with their offer and test how it might be incorporated into the site in the longer-term. It could involve independent traders, food and drink outlets, entertainment including seasonal events and opportunities for local producers, suppliers and artists to showcase themselves. It follows a soft market testing exercise carried out by the council which will help establish what is needed to make the sites commercially viable. A meeting of the council’s Regulatory and Appeals Committee today (June 9) approved Collin Street, Sussex Street and several other sites around Broad Marsh being redesignated from prohibited to consent streets, meaning trading can take place. This decision will be open to consultation before returning to the committee. If approved, the new designation could be implemented in December. The move comes as the area continues to be redeveloped. The new Central Library is due to open and work on the Green Heart area is set to start later this year. Public realm improvements like those already carried out on Carrington Street and Sussex Street will also get underway on Collin Street, connecting the new library and new college via amphitheatre-style steps and offering a fresh new gateway to the city via the Green Heart area and Listergate. City Council Leader, Cllr David Mellen, said: “We’ve made fantastic progress on our plans to completely change the look and feel of this part of the city. Streets that were once filled with traffic are now pleasant places to be, students are enjoying the new college, and the new bus station and car park are up and running in a modern building where the new central library will open later this year. “Work on the Green Heart and Collin Street improvements will also get underway this year – but we know that it will be some years before the vision for the whole site will be fully realised. We believe there is a very exciting opportunity to use parts of the site in the short and medium term for a variety of activities, as part of the first phase of the ongoing transformation of the area. We’d like to hear people’s views on this and hope that if there is general agreement, we can move this forward before the end of the year.”

Contract awarded to construct 190,000 sq ft speculative warehouse in Nottingham

Construction company, Glencar has been awarded a contract by privately owned commercial property development company Rula Developments and specialist European real estate investor Blackbrook to build a new 190,598 sq ft speculative industrial development at its Fulwood Park development in Nottingham. The development will comprise of a state-of-the-art distribution centre and offices, complete with car park, 50M service yard, site access and associated external services. It will be built to be BREEAM Excellent rated. Construction of the facility commenced during April 2023 and is expected to take 46 weeks with the development expected to be available for occupation by the start of April 2024. Being marketed as Fulwood 190, the 14-acre development is situated on the established Fulwood Industrial Estate, which is adjacent to the A38 (Alfreton Road) and approximately 1.5 miles from Junction 28 of the M1 motorway. J28 is recognised as the largest strategic cluster of distribution space in the northern part of the East Midlands. Eddie McGillycuddy, Glencar CEO, said: “This is the second instruction we have received from Rula Developments to date and we are absolutely delighted to be back on site delivering for them. It was a great experience for the team and I to be on site for the ground-breaking ceremony on Wednesday 7 June to get this project fully up and running. “This partnership is a testament to Glencar’s unwavering commitment to excellence and customer satisfaction through repeat business. We are thrilled to bring our expertise and dedication to this scheme, ensuring the successful realisation of Rula and Blackwood’s vision in this important location within a well-established logistics cluster in the East Midlands.”

Chesterfield mortgage brokerage acquires counterpart

Chesterfield mortgage brokerage, Mortgage 1st has acquired Peak Mortgages & Protection. Formed in 2008, the family-run company has grown exponentially. During that time Mortgage 1st placed over 10,000 mortgages in arranging £1.67 billion of lending. The move will see Mortgage 1st increase to over 70 staff and follows the launch of their insurance brand, Protection 1st. Mortgage 1st director Jon Stones said: “The opportunity to bring Peak into Mortgage 1st is a unique and ideal scenario. One that will see us continue to grow but also maintain our culture. We’re excited to welcome everyone from Peak into our team. We can’t wait to see how both brands continue to grow alongside one another.” Rhys Schofield, founder of Peak Mortgages & Protection, says: “We are extremely proud and privileged to be a part of Mortgage 1st. Working alongside like-minded people who share the same drive and dedication was an absolute must for me. Jon and Lisa have built a wonderful brand. Visiting their head office I knew this was the perfect home for Peak.”

Lincolnshire-based insurance brokers become latest EMCRC Community Ambassador

Thompson & Richardson has been welcomed as the latest Community Ambassador at the East Midlands Cyber Resilience Centre (EMCRC).

Founded in 1964, the Thompson and Richardson Group are Lincolnshire’s leading insurance broker. Their size enables them to negotiate excellent terms from the insurance market and gives them significant access to the London Market, which is vital to offering the complete insurance package.

The Thompson & Richardson Group provide a professional insurance broking service to corporate, commercial and personal clients.

They will become the latest Community Ambassador to join the Centre, and as a Top 50 Insurance Broker, they will help highlight the importance of cyber insurance, something that many businesses overlook but which should be a vital aspect of their cyber security framework.

In addition, their affiliation with the EMCRC will grant members access to a cyber insurance specialist to coincide with the offerings of existing Community Ambassadors who provide resilience services in IT, retail and education.

Community Ambassadors are local companies who understand the importance of cyber resilience and who want to spread that message as wide as they can.

They do vital work, supporting the EMCRC’s message through raising awareness of its aims and objectives and directing their customers, business communities and supply chains to take advantage of the EMCRC’s free membership and affordable services.

DI Colin Ellis, MD and Police Lead at the EMCRC, said: “I’m really pleased that T&R have joined us as one our community ambassadors. As well as offering a range of useful insurance experience, they will also offer our members expertise around cyber insurance which is critical to cyber resilience.

“T&R recognise the important work that the EMCRC have set out to achieve and they were keen to come on board – which is really pleasing.”

Thompson & Richardson are another great addition to the EMCRC’s Community Ambassador group, and it shows the EMCRC’s ambition as a Centre that it wishes to partner with outstanding businesses and organisations.

But the EMCRC’s ambition doesn’t end there. It is seeking the support of other distinguished businesses and motivational business leaders by joining not just as Community Ambassadors, but as Community Members, Friends of the Centre or Board members. EMCRC now has the scope for businesses to join on various levels of affiliation.

If you would like to support the EMCRC’s work and join its community, or feel you can bring equal skill, vision and ingenuity to the Centre in other areas, then please contact the EMCRC via its website or contact Colin Ellis via his LinkedIn account.