Comms agency pledges support to Framework in its mission to end homelessness

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Nottingham-based PR agency Redbrick Communications is stepping up to donate consultancy expertise to Framework, the charity working tirelessly to change lives for the better and tackle homelessness across the East Midlands.

Redbrick Communications will be helping Framework – which delivers housing, health, employment, support and care services to people with a diverse range of needs – with strategic advice and media outreach to raise awareness of its work on a local, regional and national level.

The announcement of the partnership coincides with reports indicating numbers in temporary accommodation in England have hit a record high, and as the charity looks ahead to its flagship fundraising event Framework’s Big Sleep Out (7 October 2023), as well as launching its Winter Appeal on World Homeless Day (10 October 2023).

Claire Eden, head of fundraising and communications at Framework, says: “As a small team, we are incredibly grateful to Redbrick for donating their time and expertise. We look forward to working closely with them to help us on our mission to end homelessness and tackle disadvantage. With the cost of living and housing crisis once again hitting the headlines, it has become ever more important for us to continue to support people and our communities.”

Work has already seen Redbrick Communications help publicise activities including the support of young fundraisers; a press call with corporate partner Tesco offering welcome packs and home comforts for first-time residents of Framework accommodation, and another Redbrick client DHP Family being honoured in the naming of new accommodation for long-term rough sleepers, thanks to the fundraising efforts of the charity music festival Beat The Streets.

Next up is Framework’s Big Sleep Out, the charity’s flagship fundraising event which aims to raise vital funds to get rough sleepers off the streets. As well as getting the word out to encourage businesses and individuals to sign up, a team from Redbrick will be spending the night in sleeping bags at Nottingham Racecourse on Saturday 7 October.

Liz Bee, account director at Redbrick Communications, says: “No one can have failed to see the growing number of people sleeping on the streets. Having seen firsthand how Framework is changing lives devastated by homelessness and giving people a chance of a better future, we knew we wanted to try and help make a difference. We’re excited to be working with the comms team to help shine a light on the issues and the support needed to provide long-term sustainable solutions.”

In addition to offering PR support to Framework, the agency will also lend its expertise through social media marketing and crisis communications services, as well as general consultancy advice.

361,000 sq ft Nottingham logistics scheme on track for December completion

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Construction work is well advanced on Nottingham 360, a 361,000 sq ft warehousing and distribution scheme situated five minutes from Junction 26 of the M1 motorway, as the project moves towards practical completion in December. The 16-acre site on Firth Way, Bulwell, was acquired by Premcor Estates and Barwood Capital’s Regional Property Growth Fund IV in August 2021. Nottingham 360 will be a high-bay logistics/production facility with a warehouse on the ground floor of 328,759 sq ft and additional office space of 32,874 sq ft which includes a hub office to the service yard. ESG credentials form a key focus for the building design, which will deliver a BREEAM Excellent rating as well as Net Zero in construction. Director of Premcor Estates, Rob Lane, said: “Nottingham 360 will be a best-in-class logistics scheme, which we are delighted to be bringing forward with Barwood Capital at a time when there is still robust demand for sustainable, well-located buildings. “The construction is progressing extremely well with Winvic Construction and we have developed a solid relationship with the Winvic team who are doing a fantastic job. We have invited the most active regional agents and other guests here today so that they can see for themselves the quality of the new building ahead of completion.” Retained agents for the scheme are Knight Frank (James Clements & Charlie Shephard) and Moriarty & Co. Commenting on Nottingham 360, James Clements, a partner at Knight Frank and head of the Midlands logistics and industrial occupational agency team, said: “We are delighted to be marketing such a readily accessible unit with strong ESG credentials and best in class specification which meets the demand from an increasingly selective occupier market. “We’re looking forward to completion in December and discussing requirements with interested parties.” Adam Smith, asset management director at Barwood Capital, added: “With a key focus on ESG credentials that will deliver BREEAM Excellent and net zero in construction, Nottingham 360 is ideally located in the heart of the UK road network.”

The construction industry’s growth in 2023

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The construction industry is one of the largest and most important sectors in the UK economy. It employed over two million people and contributed £115.5 billion to GDP according to the latest figures for 2021. A spike in demand in the housing market during the tightest grip of the COVID-19 pandemic led to renewed demand for construction, but rising interest rates and the cost-of-living crisis has slowed the rate of house purchases. Is this reflected in the construction industry? UK construction figures in 2023 Figures from the Office for National Statistics (ONS) show that construction output in the UK increased by 1.6% in June 2023 – the third consecutive monthly increase, following a strong performance to start the year. The growth in construction output is being driven by a number of factors, including: · The government’s £100 billion infrastructure investment plan providing funds for construction projects · An ongoing need to build more homes to meet demand from a growing population · The growth of the renewable energy sector driving demand for new facilities The impact of growth on construction sites The growth in construction activity is generally having a positive impact on construction sites. There is more work for contractors, which typically results in increased employment and wages. However, the increased activity has resulted in a growing scarcity and price of many raw materials, which has been a significant challenge for firms to overcome in recent months. Some specialised roles are also experiencing a shortage of skilled workers, which can slow jobs down. One of the challenges facing construction companies is the need to find adequate site accommodation for workers, especially on large-scale projects. Site accommodation hire companies are playing a vital role in providing adequate facilities for workers, helping to keep construction projects on track and help firms meet their health and safety obligations. Can supply chains keep up? The growth in construction activity is putting substantial pressure on supply chains. There are shortages of materials and labour, which is driving up prices and delaying projects. Russia’s invasion of Ukraine is also having a negative impact on supply chains, as it has disrupted the global trade of commodities such as steel and timber. Construction companies are working to mitigate the impact of supply chain disruptions by placing early orders for materials or finding viable alternatives. How construction companies are adapting The construction industry is adapting to the challenges of growth by: · Investing in new technology, such as improved site equipment to decrease delays · Autonomous plant machinery increasing efficiency The construction industry is facing a number of challenges, but it is also undergoing a period of rapid change. The industry is becoming more technologically advanced and efficient, and firms are also becoming more responsive to the needs of their clients as a result.

The winners of the East Midlands Bricks Awards 2023 to be revealed next week

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With the East Midlands Bricks Awards 2023 set to take place next week (Thursday 28 September), there’s not long left to secure your seat at the prestigious event. The awards recognise and celebrate those behind the changing landscape of our region – the very best companies, teams, individuals and projects – showcasing the exceptional work carried out across the East Midlands over the past 12 months. They also present a prime opportunity to network with the leaders of property and construction businesses from across the East Midlands. Attend the glittering awards ceremony at Trent Bridge Cricket Ground to see who takes home the title of Contractor of the Year, Developer of the Year, Commercial Development of the Year, Residential Development of the Year, Sustainable Development of the Year, Deal of the Year, Most Active Agents of the Year, Architects of the Year, Excellence in Design, Responsible Business and of course Overall Winner.

Tickets can be booked here.

The event, which will begin at 4:30pm and continue until 7:30pm, will also feature Mike Denby, Director of Inward Investment and Place Marketing at Leicester City Council, as keynote speaker. Complementary drinks and canapés will be served on arrival. Dress code is standard business dress.  

Shortlist for the East Midlands Bricks Awards 2023

Most Active Estate Agent – sponsored by OMS

BB&J Commercial

Mather Jamie

FHP   Commercial Development of the Year – sponsored by MKM

HBD – Power Park, Nottingham

Henry Brothers Construction – SportPark Pavilion 4, Loughborough

Bolsterstone Group Plc, Chesterfield Borough Council – One Waterside Place, Chesterfield   Responsible Business of the Year – sponsored by Press for Attention PR Cawarden G F Tomlinson Aspbury Planning Limited   Residential Development of the Year – sponsored by Sterling Commercial Finance

Phoenix Brickwork UK Ltd – St Marks student accommodation, Lincoln

Elms Developments – Elms Phase Two Ltd

St James Securities, Grainger – The Condor, Derby

  Deal of the Year – sponsored by Mather Jamie

Rushton Hickman Limited – Branston Locks deal

Bassi Group Nottingham Ltd – Job saving Pizza Hut takeover

Rigby & Co – Aida Factory deal

  Developer of the Year – sponsored by Ward

Chevin Homes

Clowes Developments

Brackley Property Developments

  Architects of the Year – sponsored by Blueprint Interiors

IMA Architects

Matthew Montague Architects

Influence Landscape Planning and Design

  Excellence in Design – sponsored by Cawarden

Chevin Homes – Amber Farm

Marchini Curran Associates – Phoenix cinema and art centre

Trident Construction Services – Lark Hill Retirement Village refurbishment

  Sustainable Development of the Year – sponsored by Viridis Building Services Ltd

HBD – Power Park, Nottingham

Henry Brothers Construction – SportPark Pavilion 4, Loughborough

Elms Developments – Elms Phase Two ltd

  Contractor of the Year – sponsored by RammSanderson Cawarden

EE Smith Contracts

Bowmer + Kirkland

  The Overall Winner, sponsored by Streets Chartered Accountants, will also be announced at the ceremony, who will be awarded a year of marketing/publicity worth £20,000.
East Midlands Bricks Awards 2023 When: Thursday 28 September 2023, 4:30pm – 7:30pm Where: The Derek Randall Suite, Trent Bridge Cricket Ground Keynote speaker: Mike Denby, Director of Inward Investment and Place Marketing at Leicester City Council Dress code: Standard business attire Tickets: Available here Thanks to our sponsors:                                                             To be held at:
 

Pendragon motor and leasing businesses to be sold to one of the largest automotive retailers in North America

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Nottingham-based Pendragon and Lithia Motors, one of the largest automotive retailers in North America, have agreed the terms of a proposed sale by Pendragon Group Holdings Limited (PGHL) of the entire issued share capital of Pendragon NewCo 2 Limited (Pendragon NewCo) which will hold, either directly or indirectly through its wholly-owned subsidiaries, the company’s entire UK motor business and leasing business, to Lithia UK Holding Limited (Lithia), a wholly-owned subsidiary of Lithia Motors, Inc. for a gross aggregate consideration of £250 million.

Pendragon and Lithia Motors, Inc. have also agreed the terms of a strategic partnership with Lithia, including the rollout of Pinewood, the company’s dealer management software (DMS) business, to Lithia’s existing 50 UK sites and the creation of a joint venture to accelerate Pinewood’s entry into the highly attractive North American DMS market.

As part of the transaction, Pendragon’s Pinewood division, which operates the company’s proprietary DMS business, will become a standalone entity, retaining Pendragon’s existing listing on the London Stock Exchange and creating a pure play Software as a Service (SaaS) business with an accelerated growth plan.

The transaction is the conclusion of the strategic review announced by Pendragon last year and the Board believes that it will deliver an attractive cash dividend to shareholders of c.£240 million.

Ian Filby, non-executive chairman of Pendragon, said: Pendragon has made strong progress executing its strategy in recent years and the business has been repositioned successfully as a digitally-enabled automotive retailer. Today’s announcement follows an extensive strategic review undertaken by the Board of Pendragon to maximise value for our stakeholders.

“The proposed transaction provides shareholders with an immediate dividend close to the company’s undisturbed market capitalisation as well as ongoing ownership in an exciting technology company with improved growth prospects.”

Bill Berman, Chief Executive of Pendragon, said: “Pendragon has built one of the UK’s leading automotive retailing businesses, underpinned by a market leading dealer management system, the quality of our people, long-standing relationships with OEMs and excellent execution for customers.

“The Pendragon Board considers Lithia to be perfectly placed to build on this progress. The launch of Pinewood as a standalone company is a unique and exciting opportunity to create a best-in-class product for customers, which we can market globally and drive substantial value for our shareholders and in Lithia we have the perfect partner to help accelerate Pinewood’s push into the hugely attractive North American DMS market.”

Bryan DeBoer, Chief Executive of Lithia, said: “The strategic partnership with Pinewood Technologies and acquisition of Pendragon’s UK motor and vehicle management divisions is a massive step in delivering on our longer-term growth strategy. We are excited about the great potential in Pinewood’s offering and envision our strategic partnership to further expand this SaaS business globally.

“Additionally, the proposed acquisition presents a highly synergistic growth opportunity with our existing UK presence with Jardine Motors Group; provides a new adjacency with PVM; and expands our brand and geographic footprint while serving to further strengthen our existing OEM relationships.”

Seafood industry boosted by Lincolnshire organisations’ research

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Two Lincolnshire-based organisations have joined forces to identify a fresh and sustainable approach to the freeze/thaw process of seafood produce, which could transform the global seafood industry. The University of Lincoln, UK, has partnered with New England Seafood International (NESI), through a Knowledge Transfer Partnership (KTP). Designed to link forward-thinking businesses with the expertise of academics, KTPs provide schemes to help organisations innovate and grow. This KTP project will research and develop a brand-new fish thawing process, combining ecological, environmental and sustainable business outputs. The UK seafood industry relies on a large quantity of frozen and raw ingredients as part of the food manufacturing process. Currently, seafood thawing remains an under-researched area of the food chain, bringing many costly processes relating to timescales, cost efficiencies and retention of produce quality. In addition to identifying new and sustainable practice in the seafood industry, the initiative will also aim to tackle the skills shortage gap. The project will be based at NESI’s North East Lincolnshire facility in Grimsby, and the team at NESI will have access to a team of the University’s industry experts at the National Centre for Food Manufacturing (NCFM), who will assist on the project and impart their knowledge and expertise. The KTP will use a blended approach across manufacturing and scientific disciplines, in which they will challenge established industry practise, advancing the understanding of the freeze/thaw process and creating opportunity for wider industry adoption. Martin Davies, Group Operations Improvement Manager at NESI, said: “New England Seafood are delighted to have the opportunity to work alongside the University of Lincoln to improve one of the most complex and critical manufacturing process steps. “The academic expertise the University will provide, combined with many years of seafood industry experience in New England Seafood, a recipe to optimise this process for the long-term in a balanced way, across people ergonomics, food hygiene, environmental, and operational efficiency factors.” Janey Bellamy, Associate Professor in Food Robotics and Process Automation at NCFM, said: “This is a great opportunity to challenge established industry practices and to advance the understanding of the freeze/thaw process with clear and validated data. This work will have a positive transformational impact on the food supply chain across multiple sectors.” The project is funded by Innovate UK and will last for 2 years.

Cawarden becomes Derbyshire FA’s 140th year headline sponsor

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Derby-based Specialist Contractor, Cawarden, continues to support grassroots football in Derbyshire. Cawarden is no stranger to supporting grassroots football in the county. Just last season, they sponsored the highly successful Derbyshire County Cups competitions, as they returned after a 3-year hiatus caused by the COVID-19 pandemic. This season, Cawarden continues to offer their support to Derbyshire FA, reconfirming themselves as the Derbyshire County Cups sponsor for the second season running, as well as becoming the new official partner of Derbyshire FA’s 140th year. This new partnership means that Cawarden will be the headline sponsor for all Derbyshire FA events for the duration of the 2023/24 season – the County FA’s 140th year in operation. This partnership will launch at the Derbyshire FA Grassroots Football Awards Night 2023, hosted at Pride Park Stadium on Friday 15th September 2023. Ricky Stevenson, Chief Executive Officer at Derbyshire FA, said: “It’s fantastic to have Cawarden on board again this season. We are two Derbyshire-based businesses with aligned values, and this partnership really enables us to excel in the delivery of our mission to change lives through football in our county. “This year is an extremely important one for us here at Derbyshire FA, and we’re immensely proud to be entering our 140th year since our inception all the way back in 1883. It’s something we really want to celebrate, and with Cawarden’s support, the sky is the limit. “It’s also brilliant that Cawarden will continue to sponsor the Derbyshire County Cups this season. Last year, the return of prestigious County Cups went down really well, and we can’t wait to make them even better this time around with the support of Cawarden.” William Crooks, Managing Director of Cawarden, said: “We are thrilled to announce our continued commitment to supporting grassroots football, following the great success of our sponsorship deal for the Derbyshire FA County Cups during the 2022/23 season. “Our support will not only extend to the 2023/24 County Cups, but we are also excited to reveal that Cawarden will take on the role of Headline Partner, in honour of Derbyshire FA’s 140th year. “This is a very special year, and we are proud to align ourselves with an organisation that shares our values of supporting local communities. Football is an integral part of community life, and we are delighted to continue our support for Derbyshire football. “There are many exciting plans in store for this celebratory year, and we look forward to an exciting season ahead!”

Dice appointed a Framework Agreement Supplier by NHS Shared Business Services

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A Nottingham consultancy has been appointed a Framework Agreement Supplier by the NHS Shared Business Services. Dice Consulting Engineers has been named as a supplier on NHS Shared Business Services’ Healthcare Planning, Construction Consultancy and Ancillary Services (HPCCAS) framework agreement. The consultancy has been named on Lot 3, Civil & Structural Engineering, and will be offering civil and structural engineering services. They’ll also be able to provide the public sector with their in-house pre-planning services which covers areas including flood risk, geotechnical investigations, air quality, and acoustics. The framework runs from the 14th August 2023 until the 13th August 2027 and is open to local authorities, emergency services, higher education, NHS, and the wider public sector. NHS Shared Business Services (NHS SBS) was created in 2004 to deliver corporate services to the NHS and ease the pressure on NHS employees, patients, and suppliers while providing taxpayers with value for money. They manage over 40 framework agreements which cover a wide range of clinical and corporate goods and services. Commenting on the agreement, director, Wayne Oakes said: “This has been a primary target for the business. We revisited our entire business strategy at the start of 2022 to shift our focus away from private developer led projects and focus more towards public sector opportunities. “We identified this NHS SBS Framework as our number one priority to enable us to secure public sector projects in our own right. A large amount of work was undertaken behind the scenes to acquire various industry recognised accreditations in order to enable us to meet the requirements of the SQ stage of the bid. “As part of this process we also set about to complete our ISO 9001 and 14001 integrated management systems accreditations and recently achieved our Stage 1 assessment, with the Stage 2 assessment scheduled to be undertaken in December.” Director Jon Svikis believes the framework will help the consultancy develop pre-existing relationships and generate new opportunities and work streams through direct appointments with end clients, local authorities, NHS Trusts, and Higher Education providers. Jon said: “The team at Dice have successfully delivered a wide range of healthcare projects previously through the existing NHS SBS framework agreement, which includes backlog maintenance schemes, new hospital extensions, and Emergency departments just to name a few. The team also has extensive experience in the refurbishment of existing healthcare estates. “Some of the clients our team members have worked with include University Hospitals of Leicester NHS Trust, Barnsley Hospital NHS Foundation Trust, North Lincolnshire and Goole NHS Trust, Kier Construction, Vinci Construction, Sheffield Teaching Hospitals NHS Trust. Our team has also delivered numerous projects with higher education providers using the framework. “The framework will help us get access to more healthcare projects. Dice currently works with various local authorities delivering numerous projects across the education, commercial, and leisure sectors.” Director and co-founder Raj Somal said: “This framework win is of huge importance to the business as it will enable us to continue with our sector diversification strategy. “We are eager to extend our engagement within the public sector due to the strategic advantages it offers for our business resilience and sector diversification.” He continues: “The public sector projects often provide a stable and predictable stream of work, which can act as a buffer during economic fluctuations and uncertainties in the private sector. This steady flow of projects enhances our overall business stability and minimises potential revenue volatility. “By establishing a stronger presence in the public sector, we not only fortify our business but also position ourselves for long-term growth and sustainability in a broader range of construction endeavours.”

Location confirmed for £100m innovation and technology park

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The development of a new £100m innovation and technology park in Ashfield has moved a step closer after Ashfield District Council confirmed a preferred location for the project. The site on Lowmoor Road, Sutton in Ashfield, opposite Sutton Parkway is the proposed site for the development which will include the construction of the Automated Distribution and Manufacturing Centre (ADMC). The location was chosen due to its size, strategic location, transport links, proximity to Vision West Notts College technology campus and neighbouring industrial clusters in the area. Ashfield District Council has agreed in principle to purchase the land from Nottinghamshire County Council. Funding has been secured from Ashfield District Council’s Towns Fund Deal, as a part of the investment to create nationally and internationally recognised centres, mirroring UK’s existing Catapult Centres. The whole site will be a £100m+ development attracting inward investment and create higher economic growth opportunities for the residents of Ashfield. The £30m ADMC is a circa 4000m2 purpose-built, multi-function centre, with space allocated for research and development, new product development and testing, education and skills development, technology showcasing, networking, collaboration, and event hosting. It will encompass technical experts, engineers and researchers who will be able to assist businesses of any size from across the East Midlands to understand and adopt automation technologies and to train their staff up into these higher skilled jobs. The ADMC is ideally located in Ashfield because of its central location in the county, great transport links and a strong manufacturing base in the area. The site is well placed to support distribution companies in the region and the new Free Port coming to East Midlands Airport. Market engagement has shown significant potential for benefits to local businesses. The location is close to the A38 and M1 and near major cities. Executive Lead Member for Growth, Regeneration and Local Planning at Ashfield District Council, Cllr Matthew Relf said: “The development of the innovation and technology park and Automated Distribution and Manufacturing Centre will play a key role in bringing economic growth and new investment opportunities that will benefit businesses and residents of Ashfield and create higher paid jobs and education and learning opportunities. “These developments are part of our broad range of regeneration projects that we secured funding for that are changing the face of the local area. These projects are central to achieving the Council’s ambition of making Ashfield a great place to live, work, study, play and visit.” Councillor Keith Girling, Cabinet Member for Economic Development and Asset Management said: “I am delighted that we have been able to support the ADMC Board in this Towns Fund initiative, as part of the Government’s Levelling Up agenda. This will help to bring high skill job opportunities into areas where such opportunities have not always been available. “As the cabinet member for economic development I was in an ideal position to combine the economic benefit with the land we owned at Lowmoor Road, and I am delighted that we have been able to come to a fair conclusion which is a win, win for both councils. I look forward to continuing to support the ADMC Board so that we can maximise the full potential of the site.” The construction of ADMC is due to start in 2024.

Shortlist revealed for the East Midlands Bricks Awards 2023

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Business Link can now reveal the shortlist for this year’s highly anticipated East Midlands Bricks Awards – THE event for Property & Construction in 2023. Showcasing the outstanding work of those behind the changing landscape of our region, the Bricks Awards features a diverse range of categories and a glittering awards ceremony that will host many of the region’s industry leaders. This event is also an ideal opportunity to celebrate and network with the very best in the business. The awards ceremony announcing the winners will take place on Thursday 28th September, at the famous Trent Bridge Cricket Ground. Book your place at the awards now to avoid disappointment! The event will begin at 4:30pm and continue until 7:30pm, with plenty of time for networking and celebrating. The occasion will additionally feature Mike Denby, Director of Inward Investment and Place Marketing at Leicester City Council, as keynote speaker. Complementary drinks and canapés will be served on arrival, sponsored by Nicholas Associates. Dress code is standard business dress.  

Shortlist for the East Midlands Bricks Awards 2023

Most Active Estate Agent – sponsored by OMS

BB&J Commercial

Mather Jamie

FHP   Commercial Development of the Year – sponsored by MKM

HBD – Power Park, Nottingham

Henry Brothers Construction – SportPark Pavilion 4, Loughborough

Bolsterstone Group Plc, Chesterfield Borough Council – One Waterside Place, Chesterfield   Responsible Business of the Year – sponsored by Press for Attention PR Cawarden G F Tomlinson Aspbury Planning Limited   Residential Development of the Year – sponsored by Sterling Commercial Finance

Phoenix Brickwork UK Ltd – St Marks student accommodation, Lincoln

Elms Developments – Elms Phase Two Ltd

St James Securities, Grainger – The Condor, Derby

  Deal of the Year – sponsored by Mather Jamie

Rushton Hickman Limited – Branston Locks deal

Bassi Group Nottingham Ltd – Job saving Pizza Hut takeover

Rigby & Co – Aida Factory deal

  Developer of the Year – sponsored by Ward

Chevin Homes

Clowes Developments

Brackley Property Developments

  Architects of the Year – sponsored by Blueprint Interiors

IMA Architects

Matthew Montague Architects

Influence Landscape Planning and Design

  Excellence in Design – sponsored by Cawarden

Chevin Homes – Amber Farm

Marchini Curran Associates – Phoenix cinema and art centre

Trident Construction Services – Lark Hill Retirement Village refurbishment

  Sustainable Development of the Year – sponsored by Viridis Building Services Ltd

HBD – Power Park, Nottingham

Henry Brothers Construction – SportPark Pavilion 4, Loughborough

Elms Developments – Elms Phase Two ltd

  Contractor of the Year – sponsored by RammSanderson Cawarden

EE Smith Contracts

Bowmer + Kirkland

  The Overall Winner, sponsored by Streets Chartered Accountants, will also be announced at the ceremony, who will be awarded a year of marketing/publicity worth £20,000.
East Midlands Bricks Awards 2023 When: Thursday 28 September 2023, 4:30pm – 7:30pm Where: The Derek Randall Suite, Trent Bridge Cricket Ground Keynote speaker: Mike Denby, Director of Inward Investment and Place Marketing at Leicester City Council Dress code: Standard business attire Tickets: Available here Thanks to our sponsors:                                                             To be held at:
 

A time for fortitude for family businesses: by James Pinchbeck, partner at Streets Chartered Accountants

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James Pinchbeck, partner at Streets Chartered Accountants, considers the importance of family businesses focusing on fortitude. One of the key characteristics of many family businesses is their often-exceptional resilience to cope with the challenges faced. Whilst in the past such challenges may have included one-off situations, even a crisis, we now seem to have moved to a time where we appear to have a number of challenges affecting or impacting businesses. Whilst typically the quality or mindset of resilience might have served them in good stead in the past, perhaps it’s time now for family and owner managed businesses to focus more on fortitude. Being resilient, that is bouncing back or persevering, might be good in the short term, but perhaps fortitude, having the motivation, drive and determination to succeed might be better in the longer term. All businesses, including family ones, have and are dealing with the impact of recent and current events, be it Brexit, the pandemic or the conflict in Ukraine. We should really take into greater account and consideration the growing impact that environmental changes are having in terms of extreme weather conditions, floods and fires, which previously were rare and uncommon to now being more typically the norm and sadly an everyday occurrence. In light of these events businesses, like all of us, are seeing rising costs, pressures on cash and the cost of finance. Whilst household incomes are being squeezed, so too are business margins and working capital. Like many families, family businesses will no doubt be focusing on the finances, cutting their cloth accordingly and looking after the pennies, even make do and mend. A focus on maintaining margins, safeguarding working capital, effective debt collection is also bound to be given greater importance.  So too is any decision around any capital investment or new or re-financing. Perhaps though the area not being focused on is developing the motivational mindset, drive and determination not only to work through the situation but to come out of it stronger. A lack of focus could be down to too great a focus on the here and now, more the operational day to day challenges as opposed the medium to longer term strategy. Whilst a work ethic is commendable and can be often harnessed and shared by all, employees, managers and directors alike also need, even crave, a sense of direction and purpose along with a game plan. Such a plan need not be a long-winded business plan, it could and perhaps more ideally needs to be short with a clearly and easily communicated direction of travel to include strategic intent and vision along with measurable outcomes – even rewards. Ideally such a plan should inspire, even excite those charged with making it happen, creating goals and aspirations. As ever and not least in challenging times effective business communication is often key to success. This should not just be for the family members engaged in the business, it should include the wider workforce. Certainly, in times of uncertainty or change, there is a real danger communication becomes less or less effective. Given the challenges faced, perhaps it might be worth as a family business reviewing how the running of the business and decision-making affects or impacts you and the wider family. With growing pressures, it might be good to review individuals’ roles and responsibilities, when, where and how you consider or discuss the business. You may also want to consider the need for and benefit of seeking external advice, or taking on a Non-Exec Board member or Chair to draw on their knowledge and experience. Whilst previous generations may have weathered the storm and have been resilient, the pace of change along with the impact of more global events outside our control really do seem to point to family business owners needing to draw on their fortitude.   See this column in the September edition of East Midlands Business Link Magazine here.

£12.1m loan agreed to finance construction of 47 new homes in the Peak District

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The development lender Atelier is to provide a £12.1m loan facility to the Chesterfield-based developer Stancliffe Homes to enable it to build 47 new homes on the southern edge of the Peak District. The finance will be provided alongside an investment from Housing Growth Partnership, an equity investor that’s part of Lloyds Banking Group and has supported the construction of more than 7,500 new homes across the UK since 2016. It has injected £17.7m of funding into some the Midlands’ most successful housebuilders this year alone. Stancliffe Homes is a family-run business with a track record of building desirable homes across Derbyshire and Nottinghamshire. Its new development, Bentley Walk, is in the village of Tansley near Matlock. Bentley Walk will include a full range of home types, including bungalows, semis and detached houses with up to five bedrooms as well as six affordable homes. In this, its first collaboration with Housing Growth Partnership, Atelier has structured the finance for the scheme to give Stancliffe maximum flexibility and help it to best meet the project’s specific requirements. The 27-month, 66% LTV ‘peak debt’ facility will enable the developer to complete and sell some of the 47 homes while others are still under construction, boosting its cashflow while also reducing both debt and interest. George Seabrook, lending manager at Atelier, said: “The combination of Stancliffe Homes and Housing Growth Partnership is a powerful one. Both have an impressive record of delivering attractive, highly saleable homes in this stunning part of the UK. “That’s why we worked with them to provide a bespoke funding solution that will support the phased construction, completion and sale of the homes in Bentley Walk. Our peak debt facility will enable Stancliffe to run sales of completed units alongside the construction of later phases, providing optimum funding efficiency and keeping down finance costs.” Sam Jones, director of Stancliffe Homes, said: “We’re delighted that the team at Atelier has chosen to support our latest scheme of high-quality new homes on the edge of the Peak District. “Their unique approach to development finance for housebuilders has been a breath of fresh air. Having met many of the team throughout the deal process, we are convinced they will be a steadfast and highly supportive partner for us moving forward.” Mike Murphy, HGP investment director of the Midlands and Wales region, added: “We’re proud to be continuing our partnership with Stancliffe Homes to help deliver their latest scheme in Tansley, which marks HGP’s second investment alongside the highly regarded housebuilder. “We’re excited to be working with Atelier on our first transaction together, and hope this will be the first of many opportunities for HGP and Atelier to work together in the Midlands and Wales.”

Trading ahead of expectations at Games Workshop

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Trading is ahead of expectations at Games Workshop, the miniature wargames manufacturer, according to a new update for the three months to 27 August 2023. The quarter saw core revenue of around £121 million (2022/23: £106 million) and licensing revenue of around £6 million (2022/23: £3 million). Profit before tax, meanwhile, is estimated to be £57 million (2022/23: £39 million). “This has been driven by healthy growth across all channels,” the Nottingham company said. It added: “The Board recognises that this performance is better than the prior year but is also aware that it is still early in the financial year.” Games Workshop’s Board has also declared a dividend of 50 pence per share taking dividends declared so far in 2023/24 to £1.95 per share (2022/23: £1.20 per share) – in line with the business’s policy to distribute truly surplus cash.

BlueSkeye AI wins another national technology award

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Nottingham-based AI startup Blueskeye AI, which is developing software to help pregnant women monitor and improve their mental health, has won a national technology award for its work. The company was named “Best AI Startup,” at a ceremony at the Cog X Festival in London on Tuesday evening, 12 September. The Award recognises products and people who bring AI to life and who are using technology to provide a revolutionary approach to solve real world problems. BlueSkeye, a spin-out from the University of Nottingham, uses AI to analyse minute changes to people’s face and voice over time which can reveal the early tell tale signs of depression. The technology has developed from 18 years of research by founding CEO professor Michel Valstar. The technology has been used by 250,000 mums so far and the company runs clinical trials with Nottinghamshire NHS Trusts. Collecting the award for BlueSkeye AI professor Valstar said: “We’re absolutely thrilled and delighted for BlueSkeye AI to be recognised for its innovative use of machine learning to help clinicians, patients, their friends and families assess, treat and monitor mental health. “Global Mental Health is in crisis, affecting nearly a billion people worldwide and we can help. “The impact of our technology goes beyond mental health to encompass other conditions which may be diagnosed through changes in the behaviour of the face. We’re working on technology that could diagnose Dementia earlier, helping sufferers take more control of their condition and access treatment earlier.” The CogX Awards, which are in their sixth year, celebrate innovators and change makers who are having an impact across the world.

The Range to acquire brand, website and intellectual property of wilko

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The joint administrators of wilko have entered into an agreement for The Range to acquire the wilko brand, website and intellectual property. After a short period of transition, PwC expect online operations to recommence as the administration store trading programme concludes in early October. As part of the deal, 36 employees from wilko’s digital team have transferred over to The Range. Jane Steer, joint administrator, says: “Since our appointment, the feedback from customers and wider stakeholders during this challenging period has reinforced the fact that wilko remains a much loved and trusted brand within the UK. “This sale to The Range will ensure that the wilko name lives on under their ownership and we wish The Range every success.”

Adhesives company acquires business of Nottinghamshire firm

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H.B. Fuller Company, the pureplay adhesives company, has acquired the business of Nottinghamshire-based Sanglier Limited, the independently owned manufacturers and fillers of sprayable (aerosol and canister) industrial adhesives. The acquisition expands H.B. Fuller’s innovation capabilities and product portfolio across the UK and Europe, particularly in the Construction Adhesives and Engineering Adhesives businesses, complementing technologies obtained through the acquisitions of Apollo and Fourny and spray capabilities acquired and developed in the United States. “Transforming adhesive applications to enable sprayable delivery provides end users with an opportunity to greatly improve labor efficiency. This is particularly valuable in today’s tight labor market and is a key megatrend that H.B. Fuller is applying its unique innovation capabilities toward to enable our customers’ success,” says Boz Malik, senior vice president, H.B. Fuller Construction Adhesives. “Sanglier shares a similar business model, which includes providing customized, high-quality solutions to support and develop our customers’ brands. This acquisition will strengthen the integration of our adhesive manufacturing and packaging capabilities, which we will leverage to generate a strong market advantage in terms of operations, innovation, and service.” The team of nearly 60 employees will operate within H.B. Fuller’s existing Construction Adhesives global business unit.

Gould Alloys expands at Markham Vale with second 55,000 sq ft unit

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Gould Alloys has expanded at Markham Vale, taking a further 55,000 sq ft on a 10-year lease. 

The deal, which will see Gould Alloys expand into the MV55 unit, comes almost a decade after the business first arrived at Markham Vale, moving into a purpose-built 50,000 sq ft building and investing more than £1m in new technology and machinery.

Markham Vale is a flagship 200-acre industrial and logistics scheme in Chesterfield; a joint venture partnership between property developer HBD and Derbyshire County Council. 

The new building forms a key part of Gould Alloys’ sustainability strategy, while providing additional space to deliver new contracts in the future. 

The deal also demonstrates the continued demand for space at Markham Vale, with MV55 immediately let with no void period.

Tom Wheldon, head of region at HBD, said: “It’s great to see Gould Alloys expanding further at Markham Vale. MV55 is the ideal location for the business’s second base at the scheme; a best-in-class building, its sustainable features will support the company’s environmental strategy and help to minimise its carbon output.”

Jane Bradshaw of Gould Alloys said: “We’ve been at Markham Vale for almost a decade, so it’s great to be able to secure MV55 for our next chapter. The additional 55,000 sq ft is a key component of our environmental strategy, ensuring we can operate as sustainably as possible by limiting the movement of materials and reducing our carbon output, while providing additional capacity for the servicing of future contracts as we continue to grow.”

Councillor Tony King, Derbyshire County Council’s Cabinet Member for Clean Growth and Regeneration, said: “Gould Alloys is a real Derbyshire success story and we’re pleased we’ve been able to accommodate their needs and cater for their growth with additional space here at Markham to help them become more sustainable. They are an established part of our business community and we look forward to following their success for many more years to come.”

G F Tomlinson secures place on prestigious Procure Partnerships Framework

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Midlands-based contractor, G F Tomlinson, has successfully been selected for two lots on the Procure Partnerships Framework. Running from 1 November 2023 for four years, G F Tomlinson have been selected to deliver a range of schemes within the public sector. As part of the partnership, G F Tomlinson has been appointed to deliver projects from £5 million to £15 million, across both the East Midlands and West Midlands. Procure Partnerships Framework Ltd has operated a national contractor framework for the past four years and has supported the delivery of over 150 construction projects year on year. This second iteration of the Framework covers four disciplines, including construction, under which G F Tomlinson has been appointed. The total value of the Framework across its nine regions is anticipated to be £8 billion, over the four-year term. G F Tomlinson secured its place on the Framework through a rigorous and comprehensive selection process encompassing several critical assessments, including: PAS91 Selection Questionnaire; Financial Standing Checks; Relevant Experience; Commercial Assessments; and Quality Assessments, covering aspects such as cost management, health and safety, sustainability, social value, and performance management. G F Tomlinson’s Framework Manager, Ian Dalby, will be managing this new relationship, ensuring the contractor’s continued commitment to delivering exceptional construction solutions. Chris Flint, Managing Director at G F Tomlinson, said: “The Procure Partnerships Framework will enhance our coverage in the regions we operate in and provide a cost-effective platform for delivering essential public sector projects, and we are pleased to now be part of it. “Since 2018 G F Tomlinson has delivered in excess of £500 million projects within the public sector and this award will help to continue our commitment to delivering excellence in construction and our commitment to transforming communities. We look forward to developing significant projects across the East and West Midlands.” Robbie Blackhurst, director and founder at Procure Partnerships Framework, said: “Procure Partnerships Framework looks forward to working with G F Tomlinson on a number of key projects essential to the delivery of public sector works at the highest standard. The new iteration of the framework is set to transform public and private sector procurement, and we look forward to seeing what G F Tomlinson achieves over the next four years.”

High profile property development director joins BRM Solicitors

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Regional law firm BRM Solicitors has appointed a new director to its Real Estate team.

Julie Carr joins from national law firm Knights, bringing with her extensive background in handling residential property development, guiding conditional contracts for purchasing and selling development land, and managing options and overage agreements.

Julie also oversaw planning promotion agreements, joint ventures, and various collaborative arrangements, coordinating land assembly, and establishing development sites for plot sales. 

BRM’s 26-strong property team now includes nine directors and counts Woodall Group, Gleeson Homes, Reef Group and Global Brands among its clients.

Adrian Sheehan, head of BRM’s Real Estate department, said: “The addition of a new director is a significant move for us and reflects our ambitious strategy for BRM’s Real Estate Department. Julie’s strong track record and breadth and depth of experience highly complement our growing residential developer client portfolio, whilst we provide her with a platform regionally and nationally.” 

Julie Carr added: “BRM’s department has developed an enviable client portfolio and earned a well-deserved reputation as one of the most highly regarded in the region. I’m looking forward to being part of its future growth.”

Rolls-Royce joins group to develop hydrogen as an aviation fuel

Rolls-Royce is backing a new UK hydrogen alliance launched to accelerate the drive towards zero carbon aviation. The engineering giant, which has its civil aerospace business in Derby, has joined a number of major players across the aviation industry to launch the Hydrogen in Aviation Alliance. The HIA aims to assist government and policymakers by mapping out the milestones to ensure infrastructure, regulatory and policy changes keep pace with the ground-breaking technological developments in carbon-free flying. Rolls-Royce is joined in the alliance by other leading companies in the UK aviation and renewable energy sectors, including easyJet, Airbus, Ørsted, GKN Aerospace and Bristol Airport. Grazia Vittadini, chief technology officer at Rolls-Royce, said: “Collaboration is key when it comes to achieving our net zero ambitions as an industry, which is why we are proud to be part of the Hydrogen in Aviation Alliance. “Our contribution to HIA is the capability and experience we have in pioneering new technologies and solutions – we have already tested a modern aero engine on green hydrogen and we strongly believe it is one of the solutions that will help decarbonise aviation in the mid to long-term.” According to the alliance, the UK is currently in a strong position to become a global leader in hydrogen-powered aviation, but further steps must be taken to capture the opportunity, secure long-term employment and economic benefits, as well as meet critical decarbonisation targets. New research shows that 81% of the British public believe hydrogen is the best option to decarbonise aviation with 91% supporting the UK government investing in hydrogen production and use in the aviation sector. Hydrogen is regarded as a very promising alternative-fuel option for short-haul aviation. Airbus is developing new hydrogen powered aircraft with the aim of entering commercial service from 2035 and Rolls-Royce has already proven that hydrogen could power a jet engine following successful ground tests in 2022. In partnership with easyJet, Rolls-Royce conducted a ground test on an early concept demonstrator using green hydrogen created by wind and tidal power. The test took place at an outdoor test facility at MoD Boscombe Down, using a converted Rolls-Royce AE 2100-A regional aircraft engine. Johan Lundgren, chief executive of easyJet and chair of the HIA, said:  “There is no doubt that the UK has the potential to become a world leader in hydrogen aviation, which could bring with it a £34 billion per annum boost to the country’s economy by 2050, but in order to capture this opportunity, rapid change is needed and the time to act is now. “We must work together to deliver the radical solutions required for a hard to abate industry like aviation so we can protect and maximise the benefits that it brings to the UK economy and society and that we know British consumers want to be preserved. “HIA looks forward to working with the UK Government to ensure the right funding, regulatory and policy changes are implemented to accelerate the delivery of zero carbon aviation.”