Partners identify marketing Leicester and Leicestershire as strategic priority

Leicester City Council and Leicestershire County Council met with private sector businesses including Queensbury Real Estate, GMI, Mulberry Developments, Morgan Sindall, and Hickman and Smith in the second collaborative Invest in Leicester round table event. At the first session, held at Space Park Leicester, partners identified marketing the place as a key priority to support investment and sustainable growth across the city and county. The second round table took place at Leicester Racecourse and focused on how the public and private sector work together to market Leicester and Leicestershire, and how to reflect on successes and constructively challenge issues, leading to positive outcomes for businesses and residents in the city and county. Richard Sword, Strategic Director for City Development at Leicester City Council, said: “It’s critical that communication lines are open between the council and our partners in the property industry. The city has seen significant regeneration over recent years with more large-scale regeneration planned in the future. “We can only realise the city’s ambitions with the help and support of our partners. It was an insightful round table session, identifying ways to better market Leicester and Leicestershire, alongside some meaningful industry insights around the challenges faced in our region.” Tom Purnell, Assistant Chief Executive at Leicestershire County Council, said: “We have ambitious growth plans, and we know that partners are key in shaping and delivering our vision. “Thanks to the hard work and collaborative relationships between our public and private sectors, Leicester and Leicestershire offers an attractive business and investment location. The round tables offer a fantastic opportunity to understand how we further raise the profile of the city and county.” The next round table will focus on planning to support growth with further round tables due to be held in the coming 12 months in the city and county’s drive to continue their partnership working with the private sector.

Go-ahead given to plans for new hotel in Lincoln

Plans for a new hotel in Lincoln, at the corner of Sincil Street and Waterside South, have been approved.
Lincolnshire Co-operative Ltd are behind the outline planning application for the currently vacant site, which is part of the wider Cornhill Quarter redevelopment scheme and close to the recent developments of the new Central Car Park and the City Bus Station. Formerly a Co-op shopping centre, all existing structures on the site will be demolished. The application also therefore proposes the demolition of the pedestrian footbridge across Melville Street. The six-storey proposed hotel would host up to 150 beds, with front of house and restaurant facilities provided at ground floor level.
A council document says: “It is considered that the proposed hotel will help meet the need for visitor accommodation in the city centre, and provide wider public benefits through improvements to public realm and increased activity to Melville Street, investment within the city and contributing to the vitality and viability of the city centre.”

Approval for 130 new Nottingham homes

Plans for a new residential development in Nottingham have been approved. Strata is behind the scheme, which would provide 130 new homes adjacent to Westbury Academy in Bilborough. 20% of the planned houses would be affordable. The open market houses would comprise 76 three bed houses, 11 four bed houses and 17 five bed houses. The affordable units would comprise 20 two bed houses and 6 three bed houses. The development would be made up of a mixture of terrace, semi-detached and detached properties with parking provided to the front and side of the properties. The site is currently in the city council’s ownership, pending sale to the applicant.

£14m hub for creative businesses officially launches in Northampton

Innovators came together this week to celebrate the opening of a brand-new creative hub for businesses. Vulcan Works, which was created through transforming a Grade II listed former ironworks factory in the town, is the result of a £14 million project funded by West Northamptonshire Council (WNC) and South East Midlands Local Enterprise Partnership (SEMLEP), who facilitated a Local Growth Fund contribution of £6.3 million, together with £3.06 million from the European Regional Development Fund. The brand new, purpose built hub is managed by Oxford Innovation Space and provides lettable office space, workshops, meeting rooms and coworking spaces for start-up businesses in creative and digital industries. The space mixes the old with the new by retaining some quirky original features and naming its rooms in honour of its shoe-making history. Following the completion of the extensive redevelopment, the centre opened its books and doors to interested businesses in February, generating a lot of interest from start-up and growing businesses in the creative and digital sector, with 12 businesses taking up office space and others taking advantage of the hot desking and co-working options. The team has also received 180 enquiries for further information. Now, as businesses are starting to move in and a team has been appointed to run the centre, Vulcan Works hosted a launch event which saw special guests network, take tours of the building and hear speeches from key partners involved in the construction of the centre. Some of the new tenants also held stands at the event as part of a Customer Business Showcase. Garrick Hurter, centre manager, said: “We have been so busy getting Vulcan Works up and running and facilitating show arounds to prospective customers over the last few weeks and months, so it is wonderful to see all that hard work come to fruition and officially launch this fantastic space to the public. We want to build a real community here and a space that is supportive and nurturing to young and growing businesses in creative industries and today is the start of that.” Jo Stevens, Managing Director of Oxford Innovation Space, said: “The Vulcan Works project has been an absolute pleasure to work on and to see the centre officially launch gives all of us at Oxford Innovation Space an enormous sense of pride and achievement. “This centre is more than just flexible office and workshop space. It is a place with both a rich heritage and brand-new facilities that have been purposely and thoughtfully constructed to provide young companies with a place to grow and feel supported and part of a community. “Now that the centre has officially launched, our newly appointed team can get to work offering business support services and holding events that will help our tenants to grow, learn, make new connections and thrive.” Cllr Daniel Lister, Cabinet Member for Economic Development, Town Centre Regeneration and Growth at WNC, said: “Vulcan Works provides a unique offer for West Northants creative and digital industries. The rejuvenated historical hub combines flexible office space, with first-class support to help businesses flourish. “With a wealth of knowledge, the team provide on-hand advice, training, and workshops to help businesses expand. It was great to have the opportunity to speak to many businesses who are already calling this space home and meet those who are due to move in over the forthcoming weeks.” It is estimated that Vulcan Works will support around 150 start-up businesses in its first 10 years, creating around 500 jobs in the area. The centre has also pledged to work with local contractors and agencies, ploughing more money back into the local economy.

“We continue to be impressed with both the quality of award submissions, but also the event” – Blueprint Interiors takes sponsor spot at the East Midlands Bricks Awards 2023

Blueprint Interiors has joined the sponsor line up for the East Midlands Bricks Awards 2023, backing the Architects of the Year category. Speaking with Business Link, Ben Dawson, Business Development Manager at Blueprint Interiors, said: “We have been involved in the awards since 2019 either as an award nominee or a sponsor. “We continue to be impressed with both the quality of award submissions, but also the event, which attracts the elite of our region’s construction and property professionals. It is therefore the ideal platform to promote our own expertise as workplace consultants and commercial office fit-out specialists.” The awards, which will take place on Thursday 28 September at the Trent Bridge Cricket Ground, celebrate the outstanding work of those shaping the landscape of our region, recognising development projects and people in commercial and public building across the East Midlands – from offices, industrial and residential, through to community projects such as leisure schemes and schools. Nominations are now OPEN for East Midlands Business Link’s annual Bricks Awards. To nominate your (or another) business/development for one of our awards, please click on a category link below or visit this page.

Book your tickets now

Tickets can now be booked for the awards event – click here to secure yours. The special awards evening and networking event will be held on Thursday 28 September 2023 in the Derek Randall Suite at the Trent Bridge County Cricket Club from 4:30pm – 7:30pm. Connect with local decision makers over canapés and complimentary drinks while applauding the outstanding companies and projects in our region, and hear from Mike Denby, Director of Inward Investment and Place Marketing at Leicester City Council, our keynote speaker. Dress code is standard business attire. Thanks to our sponsors:                                                             To be held at:

First ever East Midlands recipients of The King’s Awards for Enterprise announced

The first ever recipients of The King’s Awards for Enterprise have been announced today (21 April), celebrating the achievements of UK businesses, with 13 awards bestowed on East Midlands companies.

Minister for Enterprise Kevin Hollinrake said: “I congratulate the first ever recipients of The King’s Awards for Enterprise, who exemplify the talent, innovation, and entrepreneurial spirit of British business.

“I wish them every success and commend the invaluable contributions they make to communities both at home and overseas, helping to grow the UK economy.”

The King’s Awards for Enterprise was previously known as The Queen’s Awards for Enterprise. The Award programme, now in its 57th year, has awarded over 7,000 companies since its inception in 1965. This year’s King’s Awards for Enterprise are given for outstanding achievement in Innovation, International trade, Sustainable development, and Promoting opportunity (through social mobility). His Majesty’s Lord Lieutenants will be presenting the Awards to businesses locally throughout the year. The recipients from the East Midlands include: Innovation Archaeological Research Services – Bakewell MasterMover – Ashbourne SureScreen Diagnostics – Derby The Alternative Pallet Company t/a PALLITE Group – Wellingborough International trade Blanson – Leicester Brian James Trailers – Daventry Fulkrum Technical Resources – Corby SureScreen Diagnostics – Derby Upperton Pharma Solutions – Nottingham Valour Consultancy – Grantham Viridian International t/a Viridian Nutrition – Daventry Sustainable development Anpario plc – Worksop Trade & DIY Products – Wirksworth   David Campbell, director of SureScreen Diagnostics, a double winner, said: “We are incredibly proud to have been announced as double King’s Awards winners in recognition of what was a huge company-wide effort to develop and manufacture lateral flow tests that helped save lives both in the UK and in countries around the world at the height of the COVID pandemic. “It is a wonderful testament to the hard work across the whole team, but what makes this fitting is that our company has been built on scientific innovation and has always exported a significant volume of our products, so these awards reflect the ethos of SureScreen Diagnostics from the very beginning. “However, they also point to an exciting future. Our work during the pandemic has built a strong platform for our company which promises to help millions of people by giving them the ability to take control of their health and diagnose issues early through fast and reliable testing at home or in clinical settings. “Reducing waiting times for diagnoses is at the heart of improving healthcare. Whether it be workplace testing for drugs and alcohol, home wellness screening or infectious disease testing at the GP, we will be ready to help catch issues early and help prevent them before they arise.” Blanson Managing Director Andy Turner said: “We are delighted that Blanson’s expertise and experience have been recognised by His Majesty The King with this award. For nearly 60 years we have been dedicated to leading the way in developing acrylic products that meet unique challenges in terms of pressure, visual clarity and biocompatibility. This award shows that we are at the top of our field and is a testament to the excellent reputation that British manufacturing holds on the global stage.”

FHP complete Nottingham city centre freehold sale

FHP, acting on behalf of a private property company, have completed the sale of 6 Angel Row, which sits adjacent to McDonald’s and is fit out as a restaurant trading as Heavenly Desserts. David Hargreaves of FHP confirmed that the property was sold for £585,000. He said: “The Basement, Ground and First Floors are let at £40,000 pa, with 2 floors of vacant accommodation above suitable, subject to planning, for redevelopment to provide 6 student studio apartments or residential accommodation.” Hargreaves confirmed there had been strong interest due to the location and the development potential, with the ultimate buyer a linked party to the current tenant. FHP Property Consultants advised on the property side of the transaction and Niki Guthrie of Edwards Clegg on the legal side.

One of the UK’s most influential women to visit Nottingham for Business Leaders Lectures series

Debbie Hewitt MBE, the Football Association’s first female chair and one of the UK’s most influential women, is to visit Nottingham Business School for the second of its Business Leaders Lectures series, in 2023.Debbie will give an overview of her non-executive and executive career in multiple industries, including Visa Europe Limited, Comparethemarket, and fashion retailer White Stuff Limited as she aims to dispel some of the common entrepreneurship myths. She will also cover her executive positions at Marks and Spencer plc as well her time as the first female Managing Director of RAC plc in its 125-year history. Attendees to the event will be able to ask Debbie questions at an open Q&A session. In 2021, British Vogue listed Debbie in the Vogue 25 – their annual list of the UK’s most influential women.Debbie holds an MBA with distinction from Bath University. She was awarded an MBE for services to Business and the Public Sector in the New Year Honours List in 2011. In September 2021, Debbie was awarded Chartered Companion of the Chartered Institute of Personnel Development (Chartered CCIPD), recognising outstanding and distinguished service to the people profession.

In July 2022 she was awarded the Honorary Degree Doctor of Business Administration by Nottingham Trent University, in recognition of her significant contribution to Business and the Public Sector.

Debbie Hewitt said: “I’m delighted to be speaking at Nottingham Trent University as part of their Business Leaders Lectures series. It’s a privilege to be able to speak to the next generation of business leaders and I’m looking forward to sharing the knowledge and experience that I’ve gained throughout my career, and to hearing their perspectives on how businesses might attract them in the future.”

The Business Leaders Lecture series is part of a programme of events organised by Nottingham Business School, part of Nottingham Trent University, to give students, the wider business community and alumni the opportunity to hear directly from people who lead public and private sector organisations which help shape the world around us.

The events aim to share insights about the lessons leaders have learned while confronting challenges, innovating and driving progress. Executive Dean of NBS, Professor Baback Yazdani, said: “The Business Leaders Lecture series is part of our commitment to ensuring that we combine that academic excellence with a positive impact on the world around us by sharing the lessons leaders have learned while confronting challenges, innovating and driving progress. We are delighted to have Debbie Hewitt to join us for our lecture later this month and share her experiences and insight from a long-spanning successful career in business.“During the pandemic we also added the NBS Business Leaders Podcasts which now has 30 episodes to enjoy as well. This a great bank of leadership knowledge that we bring to the public domain.”

The Business Leaders Lecture with Debbie Hewitt will take place from 5.30pm on Tuesday 25 April 2023 in NTU’s Newton building. The booking deadline is midday on Sunday 23 April 2023. Find out more and reserve your place here.

Sales rise at Dunelm

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Sales are on the rise at Dunelm, the Leicestershire-based homewares retailer. According to a trading update for its third quarter, the 13-week period ended 1 April 2023, total sales of £423m were up 6% compared to the same period last year, following a Winter Sale that “resonated particularly well.” Both Dunelm’s store estate and online offer are seeing strong growth, while new stores opened this year continue to perform ahead of expectations. Investment in digitalising the business is also delivering strong returns, with digital sales making up 36% of total sales in the quarter. The company’s anticipated profit before tax for FY23 remain in line with current market expectations (£185m).

Nick Wilkinson, Chief Executive Officer, said: “We are seeing strong momentum in the business as customers continue to appreciate the quality and value across the Dunelm range, despite a challenging trading backdrop. This was apparent through our successful Winter Sale and the positive launch of our new ranges for spring and summer as customers look forward to longer days and outdoor living. 

“As we continue to seize the many opportunities we see, we are investing for the long term and making good progress against our plans, which include the ongoing development and extension of our product ranges, building our customer data platform and optimising our marketing channels. These plans give us good confidence for ongoing success.

“Our core values continue to guide the business and during the quarter we passed the £1m milestone in funds raised for our charity partner, Mind. I am particularly proud of our colleagues’ efforts to support our communities at such an important time.”

Further homes approved for Trent Basin scheme

The next wave of homes for the sustainable Trent Basin scheme in Nottingham has been approved by the city council. Blueprint’s plans will see a further 110 dwellings constructed, providing a mix of 58 family houses and 52 maisonettes. Seeking full planning permission, the proposals came as part of a hybrid planning application, alongside an outline application (with all matters reserved) for additional residential development, up to 280 sq m of cafe / food & drink floorspace and a Community Transport Hub.
The scheme will be constructed in a number of phases, similar to the Trent Basin development undertaken to date.

APSS unveils new brochure to showcase its expertise in commercial interior design and fit out

Lincolnshire-based commercial interior design and fit out company, APSS, has launched a new brochure designed to showcase the company’s expertise and provide clients with a comprehensive overview of its services. The new brochure, which is available to download on the APSS website, highlights the innovative and functional workspaces, from concept and design through to construction and installation. It showcases the company’s unique selling points, including its ability to deliver bespoke solutions that meet the unique needs of its clients on time and in budget. “We are thrilled to launch our new brochure, which provides clients with a comprehensive overview of our services and expertise,” said Sarah Barker, Marketing and PR Co-ordinator for APSS. “The brochure is an essential component of our sales and marketing strategy and demonstrates our commitment to meeting the evolving needs of our clients.” The brochure features an updated design and layout, making it easier for clients to understand the many services the company has to offer. It includes case studies of recent projects, demonstrating the company’s ability to deliver high-quality work that exceeds clients’ expectations. “We take pride in creating workspaces that enhance productivity and improve the overall well-being of our clients’ staff,” said Sarah. “Our team of experts is dedicated to creating spaces that are not only functional but also sustainable.” Clients can download the new brochure for free on www.apss.co.uk. The brochure is an excellent resource for anyone looking to learn more about APSS’s services and expertise. For more information about APSS’s commercial interior design and fit-out services or to request a consultation, please visit www.apss.co.uk.

Severn Trent prepares to spend more than £300,000 on water network upgrade for Hinckley

On Monday next week Severn Trent will start work on a £309,890 upgrade to the water network in Hinckley, Leicestershire. The programme will see the replacement of 835m of water pipes around the Castle Street and Mount Road areas of the town. These works will make sure the local network is more resilient to issues which can impact customer supply, such as bursts and leaks. This work is part of Severn Trent’s investment in the area, which also includes £15m which will be spent on creating a brand-new wetland. Part of Severn Trent’s Great Big Nature Boost initiative, the wetland will help to maintain levels of flow all year round and improve the water quality within Sketchley Brook, improving the habitat for local wildlife. Lisa Orme, Community Communications Officer at Severn Trent, said: “We are undertaking this project to replace old pipes with new, upgrading the system and ensure a reliable water supply both now and into the future. “We understand that roadworks can be inconvenient but are necessary to make sure that we can complete this work as quickly and safely as possible. I’d like to thank everyone in advance for their patience while we make this really important upgrade.” The works are expected to be completed by early September. Due to the locations of the pipes to be replaced and for the safety of the workforce and other road users, some traffic management will be in place throughout the works. Access to schools and businesses will be maintained at all times. Access to the hospital, homes, shops and businesses will be maintained throughout the works.

Wates Group gears up for Phase Two of Derby Market Hall refurb

Work has started on the second phase of a multi-million-pound project to breathe new life into Derby’s historic Market Hall, and will continue until the end of next year. Having restored the Grade II-listed building’s roof, Wates Group is now turning its attention to making internal and external improvements. Once completed, the revamped Market Hall aims to become a vibrant retail and leisure destination, providing a link between the Derbion shopping centre and the St Peter’s Quarter and Cathedral Quarter areas, as well as the Becketwell regeneration scheme. Wates is working in collaboration with Derby City Council on the project, supported by specialists, including Lathams Architects and structural engineers Rodgers Leask. Lisa Cunningham, pre-construction director at Wates, said: “The Market Hall will play a vital role in creating a thriving cultural heart in Derby and we’re pleased to support this project to restore and transform such a unique building. With the roof restoration completed, this next phase will begin to show substantial improvements to the interiors and strengthen the exteriors to ensure the building has a long life.” An important part of the next phase of work is to develop the public space at Osnabruck Square, a key entrance to the Victorian building, as well as reinstating the north entrance. Lisa said: “This next phase will see further external work, including re-instating the two original northern entrances to the Market Hall, which will replace the current single entrance and allow a direct line of sight through the Guildhall colonnade. “As well as making the building more inviting and accessible, this will also avoid any potential bottlenecks from increased footfall. “Elsewhere on the building exterior, we will work to widen external escape doors, strip and renew the metal roof to its 1980s extension and replace the brickwork to the southern elevation arrangement with fully glazed window openings to create an active frontage with greater visibility.” According to Wates, the Guildhall Yard will also be enhanced, with the entire courtyard re-paved following the demolition of an existing 1980s stair and lift tower. Internally, works will focus on a new flexible market hall space, featuring free-standing mobile stalls to create an accessible space for events and activities such as food and music festivals. To accommodate the food and drink offer, the balcony will have a bottle bar and an emphasis will be placed on street food but with the flexibility to adapt to future trends. Further work in this phase includes refurbishments made to the first-floor shops, new durable flooring, improved back-of-house storage, improvements to fire safety, and new toilet facilities. A key feature will be a new grand central staircase to the north of the Market Hall, replacing an existing stairwell. Lisa said: “This grand staircase will reflect the position and form of the original 1864 stair, connecting to the balcony in a contemporary, light and inviting route. “It will feature a glass balustrade designed to contrast with, yet complement, the historic metal balustrade across the balcony.” The designs also include sustainable focused upgrades such as on-site energy generation through solar thermal and PV panels, battery storage, combined heat and power, and disposal of food waste through anaerobic digestion.

Don’t rely on the Board to make your company more sustainable, new DMU research finds

Companies who set up dedicated sustainability committees are more likely to achieve environmental goals than those which rely on a CEO and board members, according to new research. Academics analysed data from 44,996 firms across 61 countries to see how much they were investing in their companies and how many of them reported publicly on their Corporate Social Responsibility (CSR) work. They found that the more firms invested in running the company, the less likely they were to publicly report on CSR social and environmental activities. However, those with a dedicated CSR committee were more effective than those whose CSR activities – which can include its equality and diversity work, environmental and public engagement – were governed by a CEO and board. Dr Ali Meftah Gerged, senior lecturer in accounting and finance at DMU, said the research team’s interest was sparked by the huge rise in different types of socially responsible investing, and the apparent switch from corporations talking about revenues to stressing their environmental credentials. “Our findings suggest that board monitoring mechanisms may focus more on financial performance than non-financial initiatives, as directors may feel shareholder pressure more than stakeholder pressure,” he said. “Board structure has a limited effect on encouraging investing firms to engage with CSR transparency practices. CSR committees appear to convince investing firms of the benefits of issuing a CSR report and the credibility of the disclosed CSR report with third-party assurance. “These committees might shape the CSR agenda of their firm and help the board maintain a more balanced decision-making process by aligning the interests of both shareholders and stakeholders. “Our empirical evidence suggests that if investing firms consider CSR initiatives and reporting as solely costly and ignore their benefits, the presence of a CSR committee could both represent and present a more expert and experienced view that may highlight the advantages of these CSR initiatives.” The team used publicly available company data to measure key investments firms made – sales growth, R&D intensity and sum of the growth of both tangible assets (like buildings and inventory) and intangible assets, such as customer lists and brand awareness. They then looked at the firms’ CSR reporting and structure. The report adds that too many companies are still seeing corporate social responsibility (CSR) as a cost to the firm rather than promoting other benefits. However, anecdotal evidence from consumers shows that people want to buy from companies who they perceive as transparent and accountable.

Mattioli Woods acquires one of the largest financial planning businesses in Northern Ireland

Mattioli Woods, the Leicester-based specialist wealth and asset management business, has acquired Doherty Pension & Investment Consultancy Limited (Doherty’s) from its shareholders for a total consideration of up to £15.048 million, adding scale to the group’s existing operations in Northern Ireland.

Founded in 1985, Doherty is an established financial planning and wealth management business with specialist pension expertise and a discretionary investment management offering.

Doherty’s currently advises approximately 1,320 private clients, including specialist pension advice on SSASs, with combined assets under advice and administration of over £635 million.

Doherty’s has a strong regional presence in Belfast and employs 28 staff. Doherty’s experienced management team will be retained by Mattioli Woods following the acquisition. In the year ended 31 December 2021, Doherty’s generated revenues of £2.92 million with a profit on ordinary activities before taxation of £1.45 million.

Michael Wright, Group Managing Director of Mattioli Woods, said: “It is very rare that such a great opportunity to bring one of the largest financial planning businesses in Northern Ireland into the Mattioli Woods Group presents itself. In over 30 years of operations, Doherty’s has built a solid and respected reputation, with integrity and professionalism at the heart of its client service.

“It was clear from our initial discussions that Doherty’s is a great fit culturally and strategically, including a focus on long-term client relationships, serving a similar client base to our existing business. This acquisition is an important step forward for Mattioli Woods, strengthening our position as the only SSAS and SIPP operator based in Northern Ireland.  

“We are delighted to welcome Terry, Alan, John and their team into the group. There are many complementary elements between our businesses enhancing our specialist pension, discretionary portfolio management and financial planning propositions. We believe the range of products and services that Mattioli Woods has to offer can support the excellent outcomes from which Doherty’s clients already benefit.” 

Terry Lappin, Managing Director of Doherty’s, added: “We are delighted to be joining the Mattioli Woods Group as the synergy between our companies was obvious from our very first discussion. This can only improve our client offering and we are looking forward with enthusiasm to what can be achieved.”

Chamber Chief Exec praises business resilience as inflation remains high

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Inflation’s stubbornly high, but there are signs of encouragement for businesses in the latest ONS figures, says Scott Knowles, East Midlands Chamber’s chief exec. With Consumer Price Index inflation at 10.1% in the year to February 2023, he said: “While it’s reassuring to see the headline inflation figure is not on an upwards curve again after the unexpected rise last month, the fact it remains in double figures is illustrative of how entrenched rising prices have become within our economy. “More positively, the Producer Price Index has eased from 12.8% to 7.6%, indicating the peak may have passed for input price growth. “Firms have been absorbing cost pressures across energy, people, raw materials and fuel for at least 18 months – and while the sustainability of this has been a concern, the patience of our resilient business community may now be starting to pay off. “However, inflation remains far and away the number one concern among East Midlands businesses, according to the Chamber’s first Quarterly Economic Survey of 2023, ahead of other issues such as access to skilled labour, corporate taxation and interest rates. “This has been driven by three years of global lockdowns, supply chain crises, energy shocks and new trade barriers with the EU. “Therefore, it’s crucial Government helps businesses by focusing on what we call the ‘four Is’ in our East Midlands Business Manifesto for Growth, A Centre of Trading Excellence – investment, innovation, infrastructure and international trade. “This will help us to achieve what has eluded us for too long and begin a period of meaningful, long-term economic growth.”

Champions collaborate to enhance Chesterfield’s Basin Square

Two Chesterfield Champions have collaborated with Chesterfield Borough Council to deliver an attention-grabbing display in and around the Basin Square character area of the Chesterfield Waterside scheme. FWD: Motion, a creative agency based in Chesterfield, managed the branding, design, manufacture, and installation of the new perimeter display at Basin Square working alongside Bolsterstone Group PLC which is delivering the Waterside scheme with Chesterfield Borough Council. The new site display builds on the brand redevelopment and website build for Chesterfield Waterside which FWD Motion completed in 2019. Chesterfield Waterside is one of the UK’s largest regeneration schemes; a £340m sustainable development set in a canal-side environment. Waterside is built across 16 hectares with phase 1 of the development, known as Basin Square, delivering Grade A office space, a hotel, apartments, and a multi-storey car park. Phase one at Basin Square recently saw the completion and opening of One Waterside Place, a seven-storey large floorplate office funded by Chesterfield Borough Council. The new display, which features 190 meters of printed and cut vinyl 8x4ft di bond aluminium hoarding boards with protective anti-graffiti laminate, showcases the high quality office space available within the building. Already two floors of One Waterside Place have tenants – BHP Chartered Accountants and luxury women’s leisurewear company Varley’s, and the new eye-catching display boards are helping to attract the attention of prospective tenants. Tom Swallow, Development Manager at Bolsterstone Group PLC said: “It was a pleasure to work with FWD Motion as always on the design of the hoardings. They worked with us to deliver a quality product which compliments the high quality public realm at Chesterfield Waterside. They are helping to create a lot of interest from prospective tenants and investors in both the office building and forthcoming developments at Basin Square and the wider Waterside scheme.” Emma Cole, Marketing Director at FWD Motion added: “FWD were delighted to work with Bolsterstone on the aluminium hoardings project, Chesterfield Waterside is a fantastic development for the local area, and we are proud to be a part of that. Working not only on design, but also print and installation means we get to see a project delivered and in use. Seeing it on display makes a real difference as you can visualise the impact it will have in the local surroundings. “As a fully integrated creative and digital agency we can work with clients on design, print, installation, development, and marketing projects.  We love working with local companies and helping make a positive branding impact.  If anyone has a project they’d like to discuss, we’d love to help.” Bolsterstone and FWD Motion support the marketing and economic growth of the town through Chesterfield Champions, a network of over 200 organisations across Chesterfield and North Derbyshire.  

Derby becomes the UK’s latest city to welcome Lime e-bikes

Lime – the shared e-scooter and e-bike operator – has launched a fleet of rental e-bikes in Derby, as it looks to encourage more UK residents to embrace sustainable and affordable transport options.

The expansion comes at a time when cycling is booming – 1.5 million people have ridden Lime in the UK since it launched locally in 2018. It follows a successful launch of Lime’s electric vehicles in London, Milton Keynes and Salford, and the recent similar e-bike launch in Nottingham last week.

Launched in partnership with Derby City Council, local residents will be able to hire the shared e-bikes in key city locations and enjoy the benefits that cycling can bring, from improved health to cleaner air. The bikes will be gradually introduced to the city in a phased approach, beginning across a specific area of the city centre.

Alice Pleasant, public affairs manager at Lime, said: “At Lime, we are on a mission to provide people across the nation with the tools they need to transition away from using cars.

“By launching our e-bike service in Derby, we become one step closer to meeting net zero targets, while providing residents with alternative methods of sustainable transport. We hope, as the scheme develops, to see more people around the country adopting Lime’s vehicles and enjoying the benefits that cycling can bring.”

In order to practise responsible parking, users will be required to park the e-bikes at mandatory parking zones located around the city, of which have been agreed in partnership with Derby City Council.

The Council is also planning to re-invest the funding secured from the Department for Transport (DfT), initially allocated to the scheme, to support cycle infrastructure within local communities and popular cycle locations.

Verna Bayliss, director of Planning, Transportation and Engineering at Derby City Council, said: “We’re really excited to welcome Lime and their fleet of e-bikes to Derby. E-bikes are a brilliant alternative travel option, providing citizens with a clean, convenient and cheaper way to travel around the city centre.

“The launch of the e-bike service takes us another step closer towards our goal to become Carbon Neutral by 2035 and provide citizens with a greater range of transport options. Our teams have worked closely with Lime to bring the e-bikes to key locations within the city centre whilst also making sure that they will be properly parked and used safely.”

Corporate insolvencies shoot up by a third to three-year high

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The number of insolvent businesses in England and Wales has risen by over a third to hit a three-year high, with company directors choosing increasingly to shut down their companies voluntarily.

This is according to the Midlands branch of insolvency and restructuring body R3 and follows statistics published this week [18/4/23] by the Insolvency Service which show that corporate insolvencies rose by 37.7% in March to 2,457 compared to February’s total of 1,784, and by 15.9% in comparison with March 2022’s figure of 2,120.

The government statistics also show that corporate insolvencies in England and Wales increased by 145.9% against March 2021’s total of 999, and by 99.3% compared to 1,233 in March 2020.

R3 Midlands committee member Stephen Rome, a director at Thursfields Solicitors in the region, said: “The rise in corporate insolvencies – to the highest levels for more than three years – has been driven by increasing numbers of Creditors’ Voluntary Liquidations, which are also at a three-year high.

“Business owners have spent three years trading through a pandemic and economic uncertainty, and an increasing number are choosing to shut their businesses before that choice is taken away from them by a turbulent trading climate.

“Companies across the region are struggling at the moment. Costs continue to rise at a time when consumers are cutting back on discretionary spending, and when staff are requesting pay rises to cover their bills.

“With the Government’s Energy Bill Relief Scheme finishing at the end of March, many businesses will be facing further increases in costs at a time when they can barely afford them.

“Directors need to be vigilant about the signs of financial distress and seek advice as soon as they spot them. Cashflow issues, payment delays and rising stock are all red flags. The earlier business owners seek help, the more options there are available to address the challenges they face.”

Key milestone for £4.2m High Peak residential development

Urban Group (York) Ltd is currently progressing infrastructure works as part of the £4.2 million Buxton Road residential development in Chinley, which lies within the High Peak area of Derbyshire. The Urban construction team is delivering 25 homes for not-for-profit housing association, Johnnie Johnson Housing and is set to complete in spring 2024. Once the development’s roads and sewer system has been installed, superstructure works will commence delivering a mix of two and three-bedroomed houses and two-bedroom apartments. The 21 houses and four apartments on the 2.23 acre site were designed by Bowker Sadler Architecture, with funding support secured from Homes England and the local authority. Rick Long, head of Housing (Construction) at Urban Group, said: “Completion of the infrastructure works will be a significant milestone on the development as it means the hardest part of the project, the underground works, are now behind us. With some of the footings already in place, the apartments and houses will soon start to emerge. “There is a dearth of affordable homes in the area, something which Johnnie Johnson Housing is seeking to rectify. We are delighted to be assisting them in bringing forward 25 environmentally efficient homes, particularly to such an exceptionally high quality design which will complement the site’s beautiful surroundings.” Stephanie Mason, head of Development at Johnnie Johnson Housing, said: “We are delighted to be working with Urban Group (York) limited and look forward to starting to see the homes coming out of the ground this spring. “When complete the development will provide over 25 individuals and families with high-quality affordable homes within the High Peaks of Derbyshire.”