- Competitive Dialogue – October 2025
- Contract award (Cabinet decision) – December 2025
- End of due diligence and commencement of rectification phase – June 2027
- Start of commissioning – June 2028
- First waste acceptance – November 2028
- Completion of commissioning and transition to normal operations – Winter 2028 – Winter 2031
Next major step taken in Derbyshire Waste Treatment Facility Project
UK opens first public electric charging hub for HGVs
The UK’s first public electric charging hub for heavy goods vehicles (HGVs) has been launched at Able Humber Port in Immingham, North Lincolnshire.
Developed by Milence, a joint venture between Daimler Truck, Traton Group, and Volvo Group, the hub features eight charging bays, four of which are high-performance chargers, and two bays are served by a megawatt charger. It can fully charge an electric HGV in about 90 minutes.
The hub is strategically located off the A180 with direct access to the motorway network, making it an important site for HGV operators. In June 2023, North Lincolnshire Council granted the development planning consent.
Milence plans to expand its network across Europe, including routes connecting Immingham to Birmingham. The company aims to establish 1,700 charging points by 2027.
The new hub is seen as a key step in supporting the transition to electric vehicles in the logistics sector, with significant potential for further infrastructure growth in the UK and Europe.
Trio of industrial assets acquired by joint venture
Stagecoach offers free sustainability training to suppliers
Stagecoach, part of the UK’s leading bus operators, has joined an innovative initiative to offer free sustainability training to its suppliers, marking a first in the UK. As part of the United Nations Global Compact (UNGC) UK Network’s Sustainable Suppliers Training Programme, the initiative aims to educate suppliers on sustainability and the 10 principles of the UNGC, supporting Stagecoach’s journey to reduce its environmental impact and meet its net-zero targets.
The programme will provide Stagecoach’s suppliers with the necessary tools, resources, and guidance to enhance their sustainability practices. The operator’s commitment is seen as a step toward strengthening the environmental credentials of its supply chain, which includes businesses accounting for £200 million in procurement spend.
This move represents a strategic effort by Stagecoach to integrate sustainability into its procurement practices, demonstrating the potential for collaboration between businesses to drive collective action towards a more sustainable future.
£880,000 set for Grantham town centre upgrades
Grantham town centre is set to benefit from £880,000 in improvements, following approval of seven key projects by South Kesteven District Council. The funding, secured through a successful bid to the government’s Future High Streets Fund in April 2021, aims to revitalise the town centre and support local businesses.
The projects include installing power supplies to Market Place and Westgate and improving infrastructure, such as new planters, benches, cycle parking, and direction signs for key transport links like the railway and bus stations. Further developments will see the addition of removable bollards around the Conduit Lane car park and enhancements to the cultural quarter and Grantham Market, supporting their growth.
Cllr Ashley Baxter, leader of South Kesteven District Council, highlighted that these projects would be funded from an underspend in previous works, including improvements to Market Place and Station Approach. The upgrades are part of the council’s wider investment programme, which includes resurfacing, better pedestrian access, and traffic signal improvements. The council is committed to completing all new projects by March 31, 2026, with contracts due to be finalised by March 31, 2025.
Wren Sterling makes trio of acquisitions
Milligan appointed strategic asset manager at Chesterfield’s Pavements shopping centre
2024 “a highly successful year for Nottingham Building Society”
The Society saw 9,166 new mortgage customers in the year, an increase of 32% on 2023.
Meanwhile, £154.6m in total interest was paid to savers, an increase of £62.8m on the prior year. The business saw pre-tax profits rise to £13.9m, representing an increase of £5.6m on 2023.Sue Hayes, Chief Executive Officer, said: “2024 was a highly successful year for Nottingham Building Society – and the Society is now its largest in asset terms than at any time in its 175-year history – we have reached a record level of £4.2bn in mortgage assets and £5.2bn in total assets.
“Our strong set of results for 2024 are driven by a 37% increase in gross new mortgage lending, an uplift in new business margins and continued strong customer service feedback.
“We helped 32% more customers own their own home by taking out a mortgage with us for the first time or moving to a new mortgage.
“Most importantly our strategy of supporting those who find it more difficult to get a mortgage in the first place has started to be evidenced and we are establishing our Society as a specialist residential lender. In 2024, we launched a new proposition aimed at foreign nationals living in the UK, supporting those entering the country to support our valued service sector to own their own home.
“Our mortgage balances increased by 18.6% compared with the previous year, whilst overall lending in the UK mortgage market has fallen. Our total mortgage assets have grown by 40 per cent since we began our transformation journey in 2022.
“We were delighted to welcome more savings customers to the Society via our online savings app as well continuing our commitment to passbooks for our branch customers – leading to an increase of 22% in our savings balances. As interest rates remained high throughout the year, we focused on paying savers the best rates we can whilst investing to strengthen the Society. In total, we paid £154.6m in interest to savers in 2024.
“We maintained our Trustpilot score of 4.9 reflecting our exceptional service that we know is highly valued by our customers.
“We are proud that we have seen an increase in statutory profit enabling us to invest for our members and make good progress in delivering our strategy. We invested in our technology, our brand and in developing our propositions to ensure our Society is well placed for the future.
“We took the decision to provide voluntary financial support to those members impacted by Philips Trust Corporation.
“Looking ahead, we believe it is important to enable a market where saving is encouraged and incentivised and alongside other Societies, we advocate for the current cash ISA regulations to be maintained.
“I am proud of the results we are sharing today and would like to thank our members for their continued trust and support to the Society. In 2025, the sector celebrates 250 years of building societies and we are more committed than ever to the mutual values that we know are fundamentally important and highly valued by our members.”
Digital marketers find recipe for teamwork as they serve up lunch for YMCA
North Notts businesswomen expand scope of BID board
New ‘gas free’ affordable homes set for Northamptonshire village
Government plans to end windfall tax on oil and gas profits by 2030
The UK Government has confirmed plans to end the Energy Profits Levy (EPL), also known as the windfall tax, on oil and gas profits by 2030. This follows the launch of a consultation on the future of the North Sea energy sector, which aims to explore the transition towards a more sustainable energy mix, including hydrogen, carbon capture, storage, and renewables.
For two months, the Department for Energy Security and Net Zero (DESNZ) will consult with various stakeholders, including businesses, unions, and green groups, to plan this transition. The consultation will focus on utilising existing North Sea infrastructure and assets to support new technologies while ensuring continued extraction from current fields.
The Government also affirmed that, in line with its climate commitments, it will not issue new licenses for offshore oil and gas exploration. However, it will allow companies to extend or transfer existing licenses and maintain licences for carbon storage, gas storage, and methane drainage.
This move aims to provide long-term fiscal stability and encourage investment in the sector, while also assuring workers and trade unions that measures will be taken to protect jobs, pay, and conditions.
Service sector faces rising job cuts as costs mount ahead of tax hikes
UK service sector companies cut jobs at the fastest pace since 2020 in February, driven by weak demand and rising costs. The S&P Global UK Services PMI survey recorded a reading of 51, up slightly from January’s 50.8. While a score above 50 indicates growth, the February result was below the forecasted 51.1.
Businesses are facing mounting pressures from rising costs, with the minimum wage and employer taxes set to increase in April. Tim Moore, economics director at S&P Global Market Intelligence, noted that companies have experienced a loss of growth momentum since last autumn.
The survey also revealed a decline in business optimism, contributing to the fifth consecutive month of job cuts across the sector. Aside from the pandemic, this marks the longest period of falling employment since early 2011.
Power Tan secures future with management buyout
Leighton Buzzard-based Power Tan, a leading manufacturer and distributor of indoor tanning products, has completed a management buyout (MBO), ensuring business continuity and future expansion.
Founder Gary Banks, who established the company in 1987 as World Suncare Products, is exiting the business to retire. Former management team members will now take over operations, aiming to drive growth and expand Power Tan’s international presence.
Watersheds facilitated the deal, with partner William Senior leading the process. He highlighted the benefits of MBOs for both exiting owners and management teams seeking greater control and business expansion.
Banks praised Watersheds for its role in structuring the deal, ensuring a smooth transition while allowing him to focus on business operations during the process.
Northamptonshire tourism businesses offered expert support programme
A new business support initiative aims to help Northamptonshire’s tourism sector capitalise on growing national awareness of the region. The Discover Northamptonshire Business Support programme will provide workshops and one-on-one guidance to businesses in the visitor economy, including attractions, hospitality, heritage, and food and drink.
Over three months, participants will receive expert insights from industry leaders and Growth Hub Business Advisers. The programme includes four workshops covering niche marketing, market trends, business resilience, and digital strategies, delivered by specialists from the University of Northampton and other experts.
Eligible businesses must be based in Northamptonshire. One-on-one consultations will also help participants identify market opportunities and implement growth strategies.
Bakkavor posts strong results but absorbs UK restructuring costs
Bakkavor Group reported a 4% revenue increase to £2.29 billion in 2024, with adjusted operating profit up 20.5% to £113.6 million. Despite overall growth, operating profit dropped to £93.4 million due to £20.2 million in exceptional costs tied to UK site closures.
The company credited its performance to volume growth across all markets and a focus on efficiency. Bakkavor aims to continue margin improvements in 2025, targeting a 6% profitability goal.
As part of a restructuring plan announced in late 2022, Bakkavor closed its Salads site in Sutton Bridge, Lincolnshire, and a Desserts facility in Leicester, affecting approximately 900 jobs. The company completed the transition in early 2023 to streamline operations.