UK asset managers fall short on health-related ESG priorities

A new study from the University of Nottingham reveals that the UK’s top 10 asset managers, representing a combined £584 billion in assets, are failing to integrate public health considerations into their responsible investment strategies fully.

The research, backed by the Health Foundation, evaluated asset managers’ disclosures across 14 key public health themes, including antimicrobial resistance, nutrition, mental health, employment, and water pollution. While some firms reported on select issues, none consistently or comprehensively addressed all themes.

Only two asset managers identified health as a priority within their ESG frameworks. Of those, only one had a dedicated health policy, and that policy covered only two health-related areas. Issues such as air pollution, gambling, and obesity received limited or no reporting across the group.

The findings highlight significant gaps in how health risks associated with investment decisions are assessed and disclosed. Researchers argue that investor inaction in this space not only overlooks substantial public health impacts but also misses potential financial risks associated with harmful commercial activities.

The study calls for stronger accountability and more robust health-focused ESG integration to position public health as a material concern within investment risk frameworks. The full report is available online.

Live event production company secures £300k investment

Creative UK’s investment fund, Creative Growth Finance has invested over £300,000 into DC Promo. Established in the East Midlands in 2010 by husband-and-wife duo Dan and Sarah Chantrey, DC Promo Ltd is a live event production company with strong international credentials. The investment will support the launch of Gignite, an innovative AI-driven platform that aims to disrupt the live music touring industry and empower the next generation of artists. As a former touring rock drummer and host of rock radio shows in both the UK and US, Dan understands the barriers artists face on tour. Gignite was built in response to those challenges – combining tour planning tools, real-time data, AI recommendations and a multisided marketplace to help artists make smarter decisions, connect with venues and suppliers, and tour more successfully and sustainably. It also helps artists navigate the more complex regulatory and logistical landscape post-Brexit, making cross-border touring simpler and more accessible for emerging talent. The funding will allow DC Promo to complete platform development, onboard a full team, and fund a European beta tour in collaboration with an emerging band. This is the first Creative Growth Finance investment that has been supported by the Growth Guarantee Scheme, in partnership with the British Business Bank. Nick Donaghy, investment manager at Creative UK, said: “Gignite is an exciting example of how innovation can unlock opportunity for underserved talent in the creative industries. “We’re proud to support a business that is not only solving real problems for musical artists, but doing so with a scalable, tech-led solution built by people who truly understand the live music industry – while also creating new jobs in creative spaces here in the UK.” Sarah Chantrey, co-founder at DC Promo, said: “This investment from Creative UK has enabled us to complete vital R&D and expedite Gignite’s launch. “We set out to solve long-standing issues with technical solutions, but what has evolved is so much more – innovation that aims to disrupt an outdated business model and demonstrate that live performance touring is investable and sustainable. “Creative UK’s support is a testament to their vision of valuing and recognising the importance of the creative industries. We are thrilled about the network of expertise this collaboration brings with it and the future innovation that will evolve. We are at an exciting juncture and having Creative UK’s endorsement comes at the perfect time.”

Optimised snaps up Control Energy Costs

Optimised, a provider of net-zero advisory, building optimisation, and utility management services with offices in Ashby de la Zouch, has acquired Redhill-based Control Energy Costs (CEC). Phil Ager, managing director of Control Energy Costs will be appointed managing director of Optimised’s combined Utility Management division and lead the integration of CEC within Optimised’s structure. The combined Utility Management division, now over 70-strong, will provide energy and water procurement, bureau services, and cost recovery to more than 700 clients. The overall combined Optimised and CEC team size will be 170 people. “We are thrilled to welcome the CEC team to Optimised,” said James Wood, CEO of Optimised. “This acquisition enables us to enhance the value and depth of our service offerings to clients. Together, we’re well-equipped to support our clients’ net-zero journeys with a more integrated approach.” Phil Ager, managing director of Control Energy Costs, added: “Joining Optimised represents a wonderful opportunity to expand our services and impact for clients. Together, we will work to support organisations across the UK in their journey towards sustainability and cost efficiency.”

Derbyshire site among DS Smith closures confirmed after International Paper takeover

DS Smith has confirmed the closure of five UK packaging sites, with its Clay Cross box plant in Derbyshire among them. The move is part of a broader restructuring following the company’s acquisition by International Paper earlier this year.

The Derbyshire site, which employs approximately 140 people and has been in operation for over five decades, is the only box plant affected. The remaining closures include sheet plants in Plymouth, Newcastle, Sheerness, and Wellingborough. In addition to the shutdowns, the company plans to relocate its Milton Keynes business, reduce operations from 24-7 to 24-5 at Burscough, and implement small headcount cuts at Redditch and Launceston.

The US-based packaging giant has said the changes aim to streamline operations amid difficult market conditions. Consultations are underway, with total job losses potentially reaching 300 across the affected locations.

The proposed closure of Clay Cross has sparked local concern, given its longstanding role in the community. Despite recent investments in machinery at the site, trade unions fear the decision is final, with limited options for redeployment due to the scarcity of nearby DS Smith facilities. The nearest alternative site is in Belper, roughly 10 miles away.

Regional contractor crafts new HQ for brewing giant

Construction has completed at Molson Coors Brewing Company’s new UK headquarters in Burton. Delivered by main contractor Clegg Food Projects, the project transformed the former historic site, which included the construction of a modern atrium link building and a new office block, into a state-of-the-art 10,300m² facility to support Molson Coors’ growing operations across the UK and Ireland. Works got underway in the summer of 2023, with the project team working closely with Molson Coors and BHB Architects. The conservation of the historic structure while integrating contemporary building services to meet 21st-century regulations required careful planning. The team also ensured that the new additions complemented the character of the area, reflecting Burton-upon-Trent’s deep brewing heritage. “We’re extremely proud to have been involved in this project,” said Oliver Jenkins, business development manager at Clegg Food Projects. “Our team worked closely with the entire project team to preserve the building’s heritage while delivering a modern, sustainable workplace. “The new HQ not only cements Molson Coors’ rich legacy in the brewing industry but also reflects the company’s commitment to the future.” The new HQ will provide office and amenity spaces for more than 500 staff members. Key features include a striking double-height entrance and reception area, alongside a contemporary glazed atrium with social breakout spaces. The design incorporates formal and informal meeting rooms cantered around a tap bar, reflecting the company’s branding and product lines. A large staff food and drink facility has also been added, along with improved car parking, EV charging and cycle storage. Generous landscaping enhancements will further enrich the external environment, providing a welcoming and functional space for all employees.

Former Nottinghamshire nursery sold in off-market deal

Acting on behalf of private clients, heb Chartered Surveyors have completed the sale of the former Applegarth Day Nursery at Robey Close in Linby. The nursery made headlines when it closed unexpectedly in December 2024. “We were delighted to quickly identify a purchaser and secure a sale prior to any marketing,” said Robert Maxey, partner at heb Chartered Surveyors. “I am delighted to be able to now confirm that the property will continue providing childcare locally, having been acquired by the Leicester based St. George’s Nursery Group.” St. George’s Nursery Group is family-run childcare provider established in 1994. This 7th site for the group will see the former Applegarth Nursery reimagined as a flagship centre. The building is set to be transformed into a state-of-the-art, 218-place premium childcare centre. Shalin Ghelani, director of St. George’s Nursery, said: “Leveraging over 30 years of experience, the group’s proven operational model and financial stability will ensure the new facility meets the highest standards, addressing past shortcomings and fulfilling the growing demand for premium childcare in Hucknall. “Hucknall’s expanding population, new housing developments, high employment rates, and proximity to Nottingham – a key commuter hub – create an ideal environment for this large-scale childcare centre. “The new St. George’s Nursery will cater to the needs of all parents, offering a nurturing, innovative, and inclusive space for children to thrive. The Group remains committed to enriching communities through exceptional early years education, and this new venture marks a significant step in expanding its trusted services across the Midlands.” The facility is expected to open for business in August and employ 30 local staff, once fully operational. St. George’s were represented by Bristol-based JEM PROPERTY. “JEM PROPERTY have been incredibly proactive in seeking further premises for St. George’s in the region, and were an obvious first call when we became aware of Robey Close’s availability,” added Robert Maxey at heb Chartered Surveyors. James Morgan at JEM PROPERTY said: “This property acquisition reflects the strength of collaboration between St. George’s, heb Chartered Surveyors and JEM Property. “Identifying and giving a new lease of life to a site that supports St George’s continued expansion and long-term vision has been a rewarding process, and it’s a pleasure to work alongside partners who share a commitment to delivering positive outcomes.”

West Midlands among Europe’s top regions for foreign direct investment while East Midlands saw projects increase in 2024

The West Midlands was among Europe and the UK’s best performing regions for attracting Foreign Direct Investment (FDI) projects in 2024, while the East Midlands recorded a higher number of projects than the year before. The EY 2025 UK Attractiveness Survey ranked 259 regions across Europe according to the number of FDI projects each attracted in 2024. The West Midlands attracted 86 FDI projects in 2024, making it Europe’s joint fourteenth best performing region for investment, alongside North West England. Alongside the North West, the West Midlands was the UK’s joint-third best performing region for attracting inward investment, behind Greater London (265) and Scotland (135). While the majority of UK regions saw FDI totals decline in 2024, the East Midlands was one of the few parts of the country – alongside Northern England and Wales – to attract more inward investment projects last year than in 2023. The East Midlands recorded 36 FDI projects in 2024, representing a 16% increase compared to the previous year. Northampton was the region’s leading investment destination, recording six projects in 2024, double the number reported in 2023. The East Midlands recorded a significant increase in employment associated with FDI projects, rising 23% to 3,513 jobs, the highest total since 2021. The region ranked fifth in the UK for employment generated by FDI. The leading sectors for FDI in the East Midlands were agri-food (6) and transportation and logistics (5). The agri-food sector, which encompasses food supply chain operations such as farms, food storage and processing, saw its number of FDI projects in the East Midlands triple in 2024 compared to 2023, underscoring the sector’s growing prominence in the region. Examining FDI by activity also reveals that manufacturing remains a key focus for inward investment in the East Midlands, with the region securing 14 manufacturing projects in 2024 —doubling the number recorded in 2023. Logistics activity projects also played a significant role, with the East Midlands securing 10 logistics projects Year-on-year FDI decline in West Midlands mirrors national picture While the West Midlands maintained its position as a leading European destination for investment, the region also encountered challenges last year. The 86 FDI projects recorded in 2024 represented a 32% decrease from the 126 projects attracted in 2023. Additionally, the West Midlands experienced a decline in the number of jobs associated with FDI projects, totalling 4,926 jobs in 2024, a 27% decrease compared to the previous year. This decline mirrors the broader national and European picture, with the UK recording a 14% decline in FDI projects and Europe overall recording a 5% decline. France, the UK and Germany, which have historically attracted around 50% of Europe’s annual FDI project total, saw a more pronounced decline in project numbers in 2024 as low economic growth, high energy prices and competition from other markets, such as Asia and the United States, impacted investment. The West Midlands’ leading sectors for FDI projects in 2024 were transportation manufacturers and suppliers (15), followed by the agri-food sector (11) and the machinery and equipment sector (9). When assessing investment by activity, the West Midlands attracted 30 manufacturing-focused FDI projects, 16 business services projects and 11 logistics projects in 2024. No other region in the UK recorded a higher share of logistics-focused FDI projects last year. The United States has been the largest source of investment projects in the West Midlands over the last decade, contributing one in five (20%) of inward investment projects in the region last year. Birmingham was the UK’s joint-third most successful city outside London for attracting FDI investment last year, tied with Edinburgh at 24 projects. This followed Manchester (44 projects) and Glasgow (27 projects). Birmingham remained the West Midlands’ leading destination for investment, however its project total in 2024 was 66% lower than the number it had recorded in 2023. Coventry (9), Telford (7), Warwick (6), and Nuneaton (6) were among the West Midlands’ other key local destinations for investment. Simon O’Neill, office managing partner for EY in the Midlands, said: “The overall investment picture across the Midlands remained compelling last year as the West Midlands maintained its position as a key European region for FDI and the East Midlands became one of the few UK regions to increase its project total year-on-year. “The region as a whole continues to be a key hub for logistics and manufacturing activity and that’s a signal to investors that we have the local skills and infrastructure required to excel in these operations and offer strong returns. “Following a particularly strong FDI performance for the West Midlands in 2023, a subsequent drop-off in 2024 was not unexpected and mirrors the broader national and European picture. “Looking ahead, it’s important that local policymakers continue to work closely with businesses and the government to develop a coordinated inward invest strategy for the Midlands that plays to region’s strengths and ensures a future recovery in inward investment is felt across the UK, rather than in a few concentrated areas.” Majority of UK regions saw investment fall last year Most UK regions attracted fewer FDI projects in 2024 than they had in 2023. Greater London (-26%), Scotland (-5%), the West Midlands (-32%), the South East (-9%), the South West (-32%), the East of England (-36%) and Northern Ireland (-6%) all saw project totals decline year-on-year. In contrast, regions across the North of England saw their combined FDI total in 2024 rise by over a quarter (29%) compared to 2023. The North West (86 projects) became the UK’s third best performing region for FDI, recording a 27% increase, while Yorkshire and the Humber (52 projects) and the North East (42 projects) saw projects rise by 53% and 11% respectively. The East Midlands (36 projects) and Wales (16 projects) were the only other two regions to attract a greater number of FDI projects in 2024 than they had in 2023.

Wright Vigar joins the sponsor line up for the East Midlands Bricks Awards 2025: “We’re proud to be sponsoring the Responsible Business category”

Wright Vigar has joined the sponsor line up for the East Midlands Bricks Awards 2025, backing the Responsible Business category. Wright Vigar is a forward-thinking independent firm of chartered accountants and business advisers, offering a full range of services to support clients at every stage of their journey. With a growing presence in Nottingham, they combine the depth of expertise found in larger firms with the personal, friendly approach of a local practice. What sets Wright Vigar apart is their commitment to building genuine relationships with clients, taking the time to understand their goals and helping them thrive with tailored, proactive advice. Speaking with Business Link, Tom Maxwell, Marketing Manager at Wright Vigar, said: “We’re proud to be sponsoring the Responsible Business category at this year’s Bricks Awards. Supporting this initiative reflects our belief that long-term success in business goes hand-in-hand with integrity, sustainability, and community impact. “We’re looking forward to celebrating the outstanding achievements of property and construction professionals across the region and encourage businesses of all sizes to put themselves forward.” The East Midlands Bricks Awards, which will take place on Thursday 2nd October at Nottingham’s famous Trent Bridge Cricket Ground, celebrates the successes of property and construction companies in Derbyshire, Nottinghamshire, Leicestershire, Lincolnshire, and Northamptonshire. Recognising those behind the changing landscape of the East Midlands, the occasion highlights development projects, businesses, and people in commercial and public building across the region – from office, industrial and residential schemes, through to community projects such as leisure schemes and schools. It also toasts the work of architects, agencies, and those behind large schemes. Welcoming almost 150 professionals, nominating a company or project for the awards is a great way to showcase your successes, recognise your team’s efforts, bolster morale, and reach our audience of over 60,000 business readers, while also offering a chance to connect with respected professionals. It’s completely free to enter and making the top three finalists in your category also wins you free tickets to the event.

To make a nomination for the East Midlands Bricks Awards 2025, please click here.

Supporting imagery, video, documents, or links to these, can be sent to bricks@blmgroup.co.uk. Video nomination pitches are also welcome as an alternative or companion to written entries. Categories include: All finalists will have the chance to take home the Overall Winner award, which this year comes with a grand prize of a year of marketing/publicity worth £20,000, with the opportunity to split or gift the marketing to a charity of your choice.

Nominations will close on Friday 15th August.

New for this year, all entrants will also have the opportunity to be featured on our dedicated nominee showcase on the East Midlands Business Link website, providing space for marketing your achievements. Upon submitting a nomination, we will get in touch for any information, imagery, and video nominees would like to be featured on their showcase page.

The East Midlands Bricks Awards 2025

What: The East Midlands Bricks Awards 2025 When: Thursday 2nd October (4.30pm – 7.30pm) Where: Derek Randall Suite, Trent Bridge Cricket Ground, Nottingham Keynote speaker: Councillor Nadine Peatfield – Leader of Derby City Council, Cabinet Member for City Centre, Regeneration, Strategy and Policy, and Deputy Mayor of the East Midlands Tickets: Available here Dress code: Standard business attire Thanks to our sponsors:                                                                

To be held at:

With a limited number of sponsorship opportunities remaining, please contact Angie Cooper at a.cooper@blmgroup.co.uk to learn more if you are interested in becoming an East Midlands Bricks Awards 2025 sponsor.

Why I wouldn’t let one of the UK’s biggest business gurus send out ANYTHING to the press…until he’d done his homework: by Greg Simpson, founder of Press For Attention PR

Greg Simpson, founder of Press For Attention PR, shares the importance of doing your homework before going to the press. Before we talk about PR, I need to discuss the laundry. Or at least a little light housework. You see, when I started working with Nigel Botterill on the PR for Entrepreneurs Circle (last month), the first thing I did was hit the brakes. You see, Entrepreneurs Circle is a big deal. There’s well over 3,000 members and Nigel is a major figure in the business world. He’s created 10+ £1m businesses for a start and written 3 best-selling business books. So, after a merry dance in the office and BELLOWING upstairs to Mrs S that I’d won the account, I immediately STOPPED EVERYTHING. No press release. No announcement. No shouting from the rooftops. I didn’t even mention I’d won it. Why did I do this? Why pause? Well, because PR isn’t something you do once, when you’ve “got news.” It’s a process. A system. A cycle. And like any good cycle, it starts with a rinse. A Pre-Rinse, in fact. That’s the first step in my SpinCycle™ methodology — and before we went public with anything, we had to get EC’s house in order. I audited every media asset they had. Nigel’s showreel? Needed sharpening. The bio page? Tweaked. Random bits scattered across the site? Pulled together with purpose. Then we got to work building a fully loaded Press Page — the kind that makes journalists go “Ah, these guys get it.” It’s now home to:
  • 15+ beautifully backdated stories (2024’s EC Awards, Events, Budget reactions, EC highlights… all rewritten through a media lens)
  • Proper images that show energy, not just headshots on a beige wall. Pictures of the members that made the news and the guests on stage and screen
  • A downloadable Press Pack packed with stats, bios, and tasty soundbites
Only after all that did we go live with their 15,000 sq ft £5m office move! Because if you want to look credible in the press, you need to look ready before you open your mouth. So, here’s the lesson: If Nigel had to do his homework before going public, maybe you should? If you need help getting ready, let me know and I’ll set you some assignments.   A former business journalist, Greg Simpson is the author of The Small Business Guide to PR and has been recognised as one of the UK’s top 5 PR consultants, having set up Press For Attention PR in 2008. He has worked for FTSE 100 firms, charities and start-ups and conducted press conferences with Sir Richard Branson and James Caan. His background ensures a deep understanding of every facet of a successful PR campaign – from a journalist’s, client’s, and consultant’s perspective. See this column in the June issue of East Midlands Business Link Magazine here.

Council backs large-scale HMO despite local objections

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A former accountancy office in central Grimsby is set to be converted into an 18-bed house in multiple occupation (HMO) following planning approval from North East Lincolnshire Council. The development, located on Dudley Street, was passed by a narrow margin of five votes to three.

The property will require only six parking spaces, according to the applicant’s agent, due to its central location and access to public transport. However, the project drew criticism from local councillors, who cited concerns over overdevelopment, limited parking on surrounding roads, and the growing concentration of HMOs in the area.

This marks the third HMO on the street, raising further questions around infrastructure strain and long-term impact on community dynamics. Despite opposition, the application was supported because it would meet the growing demand for single-person housing, particularly near town centres.

The decision highlights ongoing tensions between the intensification of urban housing stock and local quality-of-life considerations, particularly in areas already home to similar developments.

Private equity firm acquires UK clay pipe manufacturer

4D Capital Partners has acquired Hepworth Clay, the UK’s last remaining producer of vitrified clay drainage systems, in a move that signals renewed investor interest in vertically integrated manufacturing assets.

The firm, formerly part of Orbia subsidiary Wavin, operates across two production sites at Hazlehead (Yorkshire) and Forest Works (East Midlands) totalling over half a million square feet.

Its operations span the full value chain, drawing raw materials from its own 18-million-tonne clay reserves, an increasingly rare advantage in UK industry. Alongside its core drainage systems, Hepworth also produces terracotta components for flue and chimney ventilation.

The acquisition positions Hepworth as a standalone business under private equity ownership, with 4D Capital expected to focus on expanding its capacity, modernising operations, and driving long-term value through operational independence.

The deal was supported by advisers including Quantuma, Shoosmiths, Dickson Minto, K3, and Ford Campbell Freedman.

Alex Silk, founder of 4D, said: “We are delighted to have invested in Hepworth Clay and very proud to become the custodians of this heritage brand. There is an excellent team in place with some exceptionally talented people who share our passion for high-quality manufacturing. We look forward to working with them to realise the full potential of Hepworth Clay.”

Workplaces under pressure to prepare for Gen Alpha and neurodivergent talent

UK employers are being urged to make practical workplace changes to better support emerging generations, particularly neurodivergent individuals expected to make up a significant share of the future workforce.

According to new findings from Benenden Health and Neurodiversity in Business, 77% of surveyed HR professionals are already taking steps to adapt office environments and policies with neurodiversity in mind. Recommendations include integrating flexible working patterns, quiet zones, mental health days, and mentorship programmes to foster inclusion and psychological safety.

The report frames these adjustments as essential, not optional, as diagnoses for conditions such as autism continue to rise rapidly. Businesses that fail to evolve their workspaces and culture may struggle to attract and retain the next generation of skilled workers, particularly as expectations for inclusivity and support increase.

While many organisations have made progress, the study highlights the need for ongoing structural and cultural improvements to accommodate a workforce that is not only more diverse but also more vocal about their needs.

The Nottinghamshire Golf Club awarded England Golf Championship status

Having recently hosted the English Senior Women’s Amateur Championships (ESWAC), The Nottinghamshire Golf Club has been officially named as an England Golf Championship venue. The ESWAC was hosted by The Nottinghamshire from 12-16 May and saw over 80 ladies aged over 50 with handicaps lower than 16 from golf clubs across England take part. Sarah Naden and Carol Simpson were crowned champions of the Wendy Taylor Salver and Ann Howard Trophy. This is the second England Golf event The Nottinghamshire has hosted having previously been the venue for the England Girls’ Open Championships in 2016, which included the Under 18, 15, and 13 age groups. The championship venue plaques were presented to Club President Hilary Smalley who commented: “The feedback from the England Golf officials and the players taking part in the ESWAC has been really positive, especially considering the challenges the lack of rain over recent weeks has caused. “We have had many very positive comments about the many improvements that have been made to both courses and the clubhouse, and how welcoming the staff and members have been.” Located in South Nottinghamshire, the golf club was acquired by The Club Company in January 2025 and became its 18th country club venue in the UK.

Language course cuts at Nottingham raise concerns over financial priorities

The University of Nottingham has cut casual teaching staff from its Language Centre, citing financial pressures and the need to prioritise core academic services. The decision affects staff delivering evening language courses to the public as well as supplementary language options for undergraduate students.

According to the university, these offerings did not generate a financial surplus, prompting a review of resource allocation. The cuts are part of broader cost-saving measures aimed at stabilising the institution’s financial position.

The affected staff were employed on casual contracts, which required no notice or consultation prior to termination. This has sparked concern among some educators, particularly those who had relied on the work for income stability.

The move has drawn criticism from members of the University and College Union and the wider community, with concerns about access to British Sign Language education and the erosion of the university’s community-facing initiatives. An open letter opposing the decision has gathered hundreds of signatures.

The university stated that it may reconsider community language programmes once its financial situation improves. For now, it is focusing its investment on undergraduate and postgraduate student experiences.

Nottingham accountant accelerates growth with South Yorkshire office

Nottingham-based Botham Accounting has continued its expansion, following its London launch in May, with a new office in Sheffield. The new office, located at the Sheffield Innovation Centre, is positioned to serve a growing client base across Sheffield, Rotherham, Barnsley, Doncaster, and Chesterfield. The Sheffield office is led by director Tim Baum-Dixon FCA. Tim has a distinguished career that includes leadership roles at both regional and national firms and brings a wealth of experience and a deep understanding of the local economic landscape. “Our Sheffield office is more than just a new location – it’s a commitment to the businesses and entrepreneurs of South Yorkshire,” said Baum-Dixon. “We’re here to provide hands-on, strategic support that helps our clients thrive.” “This expansion is a testament to the trust our clients place in us and the hard work of our incredible team,” added Andrew Botham, CEO of Botham Accounting. “Our whole team are excited about what the future holds and look forward to supporting even more businesses across the UK.”

Student lettings agency loc8me launches Lincoln branch

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Student property specialist loc8me has opened a new office in Lincoln, marking its 14th UK location as part of an ongoing national expansion strategy.

The move introduces four new jobs to the area and aims to serve the city’s approximately 15,000 university students from the University of Lincoln and Bishop Grosseteste University. The Lincoln launch follows recent openings in Bristol, Cardiff, and Bath.

Loc8me currently manages over 2,500 student properties and accommodates nearly 7,000 tenants nationwide. The Lincoln branch will contribute to the company’s portfolio growth while extending its regional footprint in the East Midlands.

As part of its operational rollout, loc8me has appointed a compliance specialist dedicated to ensuring all properties in the Lincoln market meet national safety and quality standards. The company has positioned this as a key part of its service commitment to both landlords and student tenants.

Loc8me’s latest move reflects continued investment in student accommodation markets with strong growth potential and established university populations.

L&G makes £250m Magnavale cold storage investment

L&G has completed a £250m private debt investment with Chesterfield-based Magnavale over a 10-year period. Magnavale is a provider of temperature-controlled storage and value-added services for the food industry operating from four strategically located cold storage facilities. The debt facility totals £500m, co-arranged by L&G and a US institutional investor. L&G invested on behalf of a number of internal and external client mandates, in a transaction which marks an expansion of the firm’s real estate debt portfolio into new logistics sectors. James Spencer-Jones, head of real estate debt, UK & Europe, L&G, said: “I’m delighted to announce we’re expanding into cold storage within our real estate debt portfolio, in particular with a market-leading provider such as Magnavale. This investment provides an opportunity to support critical infrastructure within our supply-chains, to reduce food waste and potential supply shortages.” Magnavale Ltd is owned by Sadel Group, a Luxembourg-based family office. Andrew Lawrence, director, Sadel and Magnavale, said: “We are proud to partner with L&G and our US institutional co-investor to support Magnavale’s continued growth. Their backing is a strong endorsement of both our strategy and the critical role that cold chain infrastructure plays in securing the future of the UK’s food supply chain. “This investment reinforces Sadel’s approach of building best-in-class operations and prioritising efficiency through targeted, long-term investment. This partnership enables us to accelerate our expansion, enhance resilience across our national network, and deliver energy-efficient, future-ready facilities that meet the evolving needs of our customers and the wider economy.”
Patrick Sweeney, investment manager, real estate debt UK & Europe, L&G, said: “We have high conviction for the U.K cold storage sector which demonstrates unique and compelling investment fundamentals. Magnavale has invested a significant amount in future proofing their portfolio and we are delighted to be supporting them in their next phase of growth.”
The lender group was advised by Clifford Chance and CBRE. Macfarlanes advised the company. In February 2025, Magnavale opened the UK’s largest single cold store, with 101,000 fully automated pallet spaces at it’s Easton site. In addition to this, the company has recently upgraded its other facilities across Chesterfield, Scunthorpe, and Warrington.

Industrial alliance targets UK infrastructure pipeline

Blackrow Group and On Line Group Ltd (OLG) have entered a strategic partnership aimed at delivering integrated engineering solutions across the UK’s industrial heartlands. The move positions both firms to capitalise on growing public and private investment in energy and transport infrastructure, following the 2025 Spending Review.

Combining over 100 years of industry experience, the two companies generate a joint annual revenue exceeding £75 million and employ more than 600 staff. Their six-site footprint, including key locations in Grimsby, Immingham, and Leicester, offers more than 250,000 square feet of manufacturing space.

The partnership offers a comprehensive suite of services, encompassing design, engineering, fabrication, installation, and mechanical services. Blackrow will lead on mechanical and installation services, while OLG will handle design and project management, creating a unified delivery model from concept to completion.

Workforce development is a priority for the alliance, with over 50 apprentices in training across six disciplines. Both firms are working towards ISO 44001 certification to formalise a collaborative approach centred on client value.

Sustainability is also a core focus. Blackrow contributes to the renewables sector through the fabrication of components for wind, solar, and biofuel infrastructure. The partnership is aligned with government-backed industrial decarbonisation initiatives in the Humber region, including hydrogen, carbon captur,e and clean energy projects.

The alliance reinforces the UK’s industrial supply chain at a time when scale, specialisation, and collaboration are increasingly essential for delivering national infrastructure.

Bassetlaw District Council calls out for sites for future development

Bassetlaw District Council is carrying out a ‘Call for Sites’ to give landowners, developers, site promoters and organisations an opportunity to submit sites they want to be considered for development in the district in the future. Submissions can be for a range of new development including for all types of housing, businesses, renewable energy or nature recovery, community facilities and open space. This will not affect or replace the council’s adopted Local Plan, which already sets out where housing and other developments are allowed to be built, and which areas should be protected in the district over the next 13 years. Cllr Steve Scotthorne, cabinet member for identity, planning and place, said: “The Call for Sites is a valuable tool to ensure that all possible sites across the district are assessed for their potential for development. “Anyone can suggest a site to us, and I would encourage everyone to get involved.” The Council will include all submitted sites in the Land Availability Assessment and will assess if they are suitable for development. The Call for Sites and site assessment process does not indicate that planning permission will be granted or suggest that sites are suitable for allocating in any future Local Plan. The 12-week engagement runs from 12th June to 4th September 2025.

Beyond the balance sheet – the expanding role of today’s finance director: by Robert Anderson, partner at Streets Chartered Accountants

Robert Anderson, partner at Streets Chartered Accountants, delves into the evolution of the finance director’s role. The role of the finance director or finance lead continues to evolve rapidly. As businesses face a perfect storm of geopolitical disruption, digital transformation, cyber threats and rising costs, finance leaders are stepping far beyond the boundaries of traditional reporting and compliance. Their remit now spans strategic insight, risk management and operational leadership. New US trade tariffs: time to reassess your exposure With Donald Trump now back in the White House and new US trade tariffs already announced, UK businesses, particularly those with US-facing supply chains or export markets, are being forced to re-evaluate their international exposure. For finance directors, this means quickly modelling cost increases, understanding margin pressures and scenario-planning the wider impact on pricing, procurement and revenue. Currency volatility and logistics disruption may also follow, requiring strong financial resilience and flexible forecasting. Cyber threats and ransomware: more than an IT issue Ransomware attacks and data breaches are becoming more frequent, more sophisticated and more financially damaging. Increasingly, finance teams themselves are being targeted by cybercriminals through invoice fraud, phishing and social engineering. Cyber risk has become a board-level issue, with finance directors playing a critical role in response planning, fraud controls and cyber insurance decisions. As the threat landscape intensifies, financial oversight and resilience planning must keep pace. AI in finance: driving automation and deeper insight Finance functions are rapidly adopting AI technologies to streamline processes, detect anomalies and provide richer, real-time insight. AI is being used for everything from invoice matching and expense processing to predictive forecasting and reporting. For finance leads, this shift offers a chance to free up time for value-added work while also introducing new responsibilities around data governance, integration and ethical use. The ability to harness AI effectively will increasingly separate progressive finance functions from reactive ones. Rising employment costs and tax changes The increase in Employers’ National Insurance contributions adds further pressure to cost bases already stretched by inflation, wage expectations and economic uncertainty. For finance teams, this means reviewing workforce models, optimising payroll strategies and ensuring compliance with evolving HMRC regulations. There’s a growing need to balance cost control with talent retention and investment in growth areas. The expanding finance leadership remit Finance directors today are expected to lead far beyond the finance department. Studies from the ACCA and others show that finance leaders are now increasingly responsible for areas like IT strategy, ESG reporting, operational risk and even HR and legal oversight. They are trusted advisers to business owners and boards shaping strategy, influencing transformation and helping drive long-term performance. Supporting strategic finance leadership The finance function is no longer just about compliance it’s about enabling better decisions, safeguarding the business, and identifying opportunity amidst complexity. For many organisations without a formal CFO, the finance director is stepping into that strategic leadership space. At Streets, we work with finance directors to support them through every stage from audit and tax planning to risk management, digital transformation and growth. Our aim is to help finance leaders confidently meet today’s demands and tomorrow’s challenges. See this column in the June issue of East Midlands Business Link Magazine here.