- Assessing viability: Accountants can help you evaluate the financial viability of your business idea, ensuring it has potential for long-term success.
- Mitigating risks: Starting a business comes with risks. An experienced accountant can identify these risks and offer practical advice to mitigate them.
- Setting up your business: From advising on the most suitable legal structure (e.g. sole trader, partnership or limited company) to registering with HMRC, accountants simplify the administrative process.
- Financial management: Accountants help set up bookkeeping, financial reporting and cash flow systems, ensuring you maintain control over your finances from day one.
- Ongoing advice: Beyond the numbers, accountants often act as trusted advisers, offering insights into business strategy, tax planning and even connecting you with other professionals in their networks.
Time to go it alone – is 2025 the year to become your own boss? by James Pinchbeck, partner at Streets Chartered Accountants
James Pinchbeck, partner at Streets Chartered Accountants, dives into the growing appeal of entrepreneurship.
As we move into 2025, an increasing number of individuals are choosing to step away from traditional employment to carve out their own paths as entrepreneurs. Whether it’s turning a side hustle into a full-time business, making the leap from employment to self-employment, or launching a business straight out of education, the allure of becoming your own boss has never been stronger. But what’s driving this trend and how can aspiring entrepreneurs ensure their ventures succeed?
The rise of self-employment and small business creation in recent years reflects both economic and cultural shifts. The COVID-19 pandemic accelerated changes in work patterns, fostering a surge in remote working, freelancing and online ventures. People began to reassess their priorities, with many seeking more autonomy, flexibility and purpose in their careers.
Current data from the UK shows a notable increase in start-ups. According to Companies House, nearly 810,000 new businesses were registered in 2024, reflecting a growing appetite for self-employment and entrepreneurial ventures. Popular motivations include:
Pursuing passion projects
Many individuals want to transform hobbies or side hustles into sustainable businesses, aligning their work with their interests.
Economic opportunities
With new markets opening up, particularly in tech, creative industries and sustainable enterprises, entrepreneurs see opportunities to capitalise on emerging trends.
Flexibility and freedom
Starting a business offers control over working hours, location and work-life balance, which is increasingly appealing in a post-pandemic world.
Start-ups today are as diverse as the entrepreneurs behind them. Some of the most common routes include:
Side hustles turned businesses
From selling handmade goods online to offering consultancy services, what starts as a passion project can quickly grow into a viable enterprise.
Switching to self-employment
Many individuals are leaving the confines of employment to freelance or start their own ventures, especially in creative, tech and professional services sectors.
Graduating to enterprise
For students, the idea of starting a business after graduation is increasingly a meaningful alternative to entering traditional employment.
While passion and ideas are critical to starting a business, so too are sound financial planning and strategic decision-making. This is where accountants play a vital role. Here’s how they can support entrepreneurs:
Derby-based railway electrification design and engineering consultancy acquired
Egis has acquired Overhead Line Engineering Ltd (OLE), a Derby-based railway electrification design and engineering consultancy. This acquisition will allow Egis to expand its transport design capabilities in the UK and globally while supporting the industry’s drive towards decarbonisation.
OLE’s team of engineers has successfully delivered complex infrastructure projects across the UK.
The two companies have previously collaborated on major projects such as Midland Metro and the Great Eastern Main Line OLE Renewals, demonstrating a strong alignment in technical capability and approach.
By joining Egis, OLE will benefit from new opportunities for growth, and expanded client offering and access to international markets. The partnership will enhance the breadth and scale of services available to clients, enabling them to deliver large-scale electrification projects more effectively while driving forward sustainable and low-carbon rail solutions.
Tim Galvani, Managing Director of Transport, Egis in the UK, said: “The acquisition of OLE is a significant step in our strategy to expand our transport design and engineering capabilities.
“Electrification plays a crucial role in the decarbonisation of the railway industry and by bringing OLE’s expertise into Egis, we strengthen our ability to deliver innovative and efficient electrification solutions. OLE has an outstanding reputation for technical excellence and practical delivery and we are delighted to welcome their talented team to Egis.”
Keith Orgill, Director of OLE, added: “Joining Egis is an exciting opportunity for OLE. We have built a strong reputation for delivering high-quality, cost-effective solutions and this partnership allows us to scale our expertise to larger and more complex projects.
“Our clients will benefit from a broader range of services and our team will have access to new opportunities for career growth, collaboration and global projects. We look forward to working with Egis to shape the future of railway electrification.”
Melton Building Society appoint new Non Executive Director
Melton Building Society has appointed a new Non Executive Director.
The organisation has welcomed highly experienced Kath Myers to their Board of directors.
Kath has joined the Society’s Board bringing with her a wealth of experience in financial services, having spent over 40 years working in the financial services sector with ten of those being in senior executive roles at National Australia Group, Barclays and Cumberland Building Society.
Kath, who is a graduate of the Chartered Institute of Bankers (FCIB), has extensive experience in commercial lending, banking, credit analysis, foreign exchange (FX) options, and credit cards.
Kath said of the appointment: “I’m delighted to join Sue and the rest of the Board and CEO Simon Taylor in what is set to be an exciting year for the Society.
“I’m thrilled to be joining the organisation as we start to celebrate turning 150 years old and work towards the delivery of the next stages of the Society’s digital transformation. It’s a crucial time to represent the views of our membership and guide the organisation in forging a Society fit to serve our members for the next 150 years.”
Sue Douthwaite, Chair of the Board, said of the appointment: “On behalf of the board, I would like to extend a huge welcome to Kath as she joins us on the Board of directors. Kath’s expertise and experience within the financial services sector will be invaluable as we embark upon this transformational year for the Society.”
Leicestershire surfacing company wins city centre highways contract
A South Leicestershire surfacing company has won a £600k contract with Leicester City Council to help transform the city’s paving as part of its highways improvement scheme.
HMS Decorative Surfacing has been awarded a two-year contract to install and maintain decorative resin bound and bonded finishes to city centre footpaths, open spaces, cycle lanes, tree pits and greenspace landscaping.
This contract will guarantee a 5% increase in profits for the North-Kilworth based company.
Martin Fletcher, Leicester City Council Director of Highways, said: “It is important that our highways improvement projects are finished to the highest standard and help create safe and attractive spaces.
“HMS Decorative Surfacing have real expertise in resin bound surfacing and working with them under his new contract will ensure projects are finished to the highest standard. We look forward to seeing the impact this will have on our city centre.”
The resin bound and bonded surfacing used by HMS is durable and low maintenance, creating non-slip and aesthetic spaces for the public.
Laura Wilson, Director at HMS Decorative Surfacing, said: “We are delighted to be working with Leicester City Council to transform our local city centre. As a Leicestershire-based business, the accessibility and appeal of the area is important to us, so we are proud to be making improvements that will make a real difference to the tourism and business investment here.
“We take care to provide safe, sustainable and attractive spaces for the public, using the very best materials, and are committed to working closely with Leicester City Council over the coming years on these exciting regenerative projects.”
Plans submitted for 547-house development in Bolsover, boosting local infrastructure
Plans have been submitted for a significant housing project in Bolsover, Derbyshire, which could see the construction of 547 new homes. The development, part of the local housing plan, includes 212 homes as the next phase of Persimmon’s ongoing Castle Walk project, located near the town centre. The proposed homes, ranging from two to four bedrooms, will be built to meet new energy efficiency standards and feature solar panels and electric vehicle chargers.
The development will also incorporate a 10-acre town park, public spaces, and significant investments in local infrastructure. Under section 106 agreements, Persimmon has committed £3.5 million for a new school, £1.8 million for primary and secondary education, £700,000 for park development, and further contributions to road upgrades and community projects.
The project also includes provision for a primary school and an extra care facility, as well as a new spine road to alleviate traffic congestion on Welbeck Road.
New waste separation rules for businesses Starting March 2025
Under the new Simpler Recycling legislation, businesses with 10 or more full-time employees in North East Derbyshire will be required to separate their waste into three categories from March 31st, 2025. Micro-firms with fewer than 10 employees have until March 2027 to comply.
The changes are part of the government’s efforts to simplify recycling and help achieve the national recycling target of 65%. Businesses must arrange separate collections for mixed dry recycling, food waste, and residual waste. Mixed dry recycling covers glass, plastics, paper, cardboard, and metal. Food waste includes leftovers and prep waste like peelings, tea bags, and coffee grounds, while residual waste consists of non-recyclable items such as hygiene products and contaminated packaging.
The new rules apply to businesses and workplaces producing waste similar to household waste, including offices, retail, hospitality, education, and healthcare sectors. Micro-firms are exempt until March 2027. Businesses should review their waste management systems to ensure they are prepared for the new requirements.
Lidl increases pay for 28,000 UK workers ahead of minimum wage hike
Lidl will raise wages for 28,000 UK employees next month as part of a £15 million investment in staff pay. The new rates, which take effect in March, will exceed the upcoming National Living Wage (NLW) by more than 50p per hour.
Entry-level staff outside London will see hourly wages increase from £12.40 to £12.75, with the potential to rise to £13.65 over time. In London, starting pay will rise to £14 an hour, increasing to £14.35 with tenure. The changes apply to Lidl’s 970 stores and 14 distribution centers across the UK, including locations in Nottinghamshire and the wider East Midlands.
These pay adjustments come ahead of the NLW increase on April 1, which will raise the minimum hourly rate for workers aged 21 and over from £11.44 to £12.21. The move also follows concerns from retailers about rising operational costs, including increased national insurance contributions for employers set to take effect alongside the wage hike.
Barron McCann’s brand new Innovation Hub demonstrates the technology of tomorrow
A LEADING tech business has created a state-of-the-art innovation hub showcasing the most advanced technologies transforming the retail, stadium and hospitality sectors.
Barron McCann, which lists Pets at Home, Papa Johns and Iceland among its clients, has created the cutting-edge facility in its Derby headquarters where customers and partners can experience firsthand the technologies shaping the industry.
From loss prevention and smart checkouts to hospitality point-of-sale solutions, colleague safety measures and sustainable initiatives like EV chargers, the Hub highlights innovative solutions.
They are all designed to enhance customer experiences, boost operational efficiency and drive sustainability.
The Hub also strengthens Barron McCann’s partnership with schools and universities by creating opportunities for students to learn and use the very latest technologies.
Companies being showcased in the Hub include VoCoVo, leaders in wireless headset communication and specialists in WiFi solutions InCaptiv.
SML, which annually provides three billion radio frequency identification (RFID) tags to the retail sector, has a stand in the centre alongside Bizerba, innovators in hardware and software for the retail and logistics industries.
The Hub also features a working bar which is designed to showcase the technology delivered by Kappture, a pioneering software provider specialising in cloud-based Electronic Point of Sale (EPOS) and mobile payment systems.
From the smart retail solutions such as automated checkouts to the networking and infrastructure cabling, the state of the art space was built by the company’s in-house specialists.
It also demonstrates the firm’s commitment to sustainability by incorporating the latest green technologies and promoting life cycle management and hardware recycling solutions.
The Innovation Hub was officially opened by Barron McCann’s Executive Chairman and Owner Alan Watson in front of representatives from many of the firm’s key partners and stakeholders, as well as key community associates – including the University of Derby and Derby County Community Trust.
Nottinghamshire industrial unit sold in quick turnaround
A 6,601 sq. ft. industrial unit on Moorbridge Road Industrial Estate in Bingham, Nottinghamshire, has been sold in a deal completed by FHP. The buyer has not been disclosed.
The detached property includes two-story office space, a front car park, and a secure rear yard. Previously held on a 999-year lease from 1989, the unit had undergone maintenance, including a roof replacement. It is located near the A46, providing access to Nottingham, Newark, Grantham, and Leicester.
The unit was listed for sale on October 18, 2024, and attracted multiple bids. A cash buyer was secured above the asking price, with the transaction finalised on December 19, 2024.
Major housing development in Rutland moves closer to approval
A 75-home development in Ketton, Rutland, is expected to gain final approval next week. The project, led by Vistry Group, is the largest housing scheme proposed for the village and follows an outline planning approval granted in November 2022 after an appeal.
The site, located on agricultural land off Park Road, will feature a mix of one- to four-bedroom homes, with 30% designated as affordable housing. Rutland County Council’s planning committee will review the revised plans on February 18.
A council report states that the development layout, scale, and landscaping have been adjusted to address feedback from planning officers and stakeholders. If approved, the scheme will add to ongoing housing growth across the East Midlands, including nearby Nottinghamshire, where demand for residential development remains high.
Rugby stars acquire Northampton premises as they carve out new career
Two former rugby union stars have bought their first business premises.
Bromwich Hardy has helped Waller & Wood Woodworks acquire its first commercial premises for the manufacture and sale of their unique wooden furniture.
Tom Wood and Alex Waller, who both previously played for Northampton Saints, set up Waller & Wood Woodworks while they were both still playing.
Back row specialist Tom Wood won 50 caps for England and played for Worcester Warriors and Northampton Saints, retiring in June 2022. His colleague Alex Waller, a prop, retired in March 2024, having made a club record of 370 appearances across 15 years and also captaining the side.
Tom Wood, who is also a qualified tree surgeon, explained: “What started out as hobby to complement our day jobs in professional sport and fulfil a desire to work with our hands, has grown into a business that is thriving.”
Now the company has paid £383,500 for the 3,820 sq ft freehold unit at 97 St James Mill Road, Northampton, in order to cater for the continuing growth of the company.
Waller & Wood Woodworks produces a variety of designer furniture, from bespoke large scale pieces and smaller accessories to commissions from customers seeking something unique.
Tom Bromwich, managing partner of Bromwich Hardy, said: “One of the issues faced by all professional sport people is what they do when they call it a day in their chosen sport.
“Some will gravitate towards coaching but in this case Tom and Alex have literally carved out a new career.
“The pieces they produce are stunning and exclusive. I have no doubt that this is a business that can only continue to grow, and it was a privilege to be able to help them acquire their first commercial premises for Waller & Wood Woodworks.”
Hadland Chartered Surveyors acted for the vendor who was advised by Helen Carville at law firm Max Engel & Co, with James Williams at Moore & Tibbits Solicitors in Warwick acting for Waller & Wood Woodworks.
Full steam ahead for Newark’s Yorke Drive redevelopment after plans approved
Newark and Sherwood District Council’s Planning Committee has approved regeneration plans for the Yorke Drive estate, with work set to begin this summer after years of planning.
Redevelopment of the site will build new homes for Yorke Drive residents, improve the safety of the area, and deliver significant improvements to sports and recreational facilities.
Councillor Lee Brazier, Portfolio Holder for Housing at Newark and Sherwood District Council, said: “I want to firstly thank the residents of Yorke Drive for their patience and cooperation during the planning of this scheme. As a Council, we recognise this has not been an easy process for them.
“This is such an important development and the impact it will have on their lives is huge which is why it’s vital we get it right. This has been a key priority for this administration, ensuring that the scheme was ready to get over the line. Everyone is keen to get spades in the ground and this summer we will see the start of this exciting project.
“Throughout the creation of this scheme we have continued to engage with residents and partner organisations ensuring the project meets the needs of those living on Yorke Drive.
“The past few years have seen challenges ranging from re-designs, delays, the cost-of-living-crisis and even a worldwide pandemic, but our commitment to residents has remained steadfast and the approval of planning is a major step in creating a brighter future for all who live on the estate.”
Due to the scale of this project, it will be delivered over several phases, with improvements to the playing fields, delivery of a new sports pavilion and building the new homes required for existing residents all taking place first. In total 207 homes will be built and these will be a mix of private and social homes, in different sizes, which are suitable for a range of households.
Other improvements include creating an attractive entrance off Lincoln Road, improving linkages between Yorke Drive and the surrounding area, improving the energy efficiency of homes, increasing car parking allowance across Yorke Drive and including electric vehicle charge points, and providing a pavilion and green space central to the design, that gives residents access to Football Association standard playing pitches and facilities.
Councillor Lee Brazier concludes: “We’ll be working closely with residents on the estate regularly over the next few months and years discussing how we will bring the plans for the building work to life, understanding how it will affect them and listening to residents about how we can support them through the different stages of regeneration including helping to keep the estate in good order whilst we progress.
“The Council is here to support all residents, and anyone with concerns can contact us or raise them at the next drop-in.
“This project is a massive achievement for the Council and once complete, will be a huge benefit to the community. Thank you to Council colleagues who have worked hard on this project for many years and I’m excited to see this project taking shape.”
Development works on the estate are due to commence this summer.
Duo of lettings at Nottinghamshire industrial park
FHP has let two significant units at Teal Park Industrial Park, Netherfield, Nottingham.
Acting on behalf of Northwood Urban Logistics, these lettings totalling 38,500 sq ft bring the industrial element of the scheme to full occupancy and mark another milestone in the development’s success.
Unit 5 has been let to Europcar Group UK Limited, a vehicle rental services business, and Unit 6 has been leased to Harlow Bros. Limited, a family-owned business specialising in timber products and bespoke construction solutions.
The Teal Park scheme offers 160,000 sq ft of premium industrial and trade units fronting the Colwick Loop Road to the East of Nottingham.
These latest lettings complement occupiers on the estate including Screwfix, Howdens, Toolstation, Karcher, ETB, Paint Well, ROL Fredbergs UK, and Octopus Energy Eco.
Don’t be a silly SEO and so with PR: by Greg Simpson, founder of Press For Attention PR
How can you improve your relationships with journalists? Greg Simpson, founder of Press For Attention PR, shares his advice – and an example of what not to do.
Roses are red, Backlinks are blue, If you persist with this tactic, The joke is on you.
Journalists don’t care For your SEO plight, They’re busy with deadlines— Not your digital fight.
Keep hounding for credit, You’ll win this reward: A swift email block And your calls, soon ignored.
So play the smart game, Be sharp, think long-term Don’t demand things of journos Then their love you will earn.
“Greg, it’s Valentine’s Day, how do I get a journalist to LOVE me? “Why won’t they talk to me? Why won’t they listen? “They never return my calls!” Spoiler alert, they will NEVER return your calls or VERY rarely. They much prefer emails. Unless they are on a deadline, and you are already working on a story together. I thought, given a Valentine’s theme, that instead of writing about what it is you SHOULD do to woo, I should instead point out their biggest turn-offs. That’s because at the tail end of 2024, I was privy to an online chat about the most short-sighted approach to media relations (the chatting to the press bit of PR) I’ve ever seen. Along with 1,743 other LinkedIn users making over 700 comments and having reposted it 80+ times. That’s because this was a post by Jane Hamilton, who runs The Sun’s employment section (and works on The Times too), who shared the following: “This week I wrote a piece on a relatively unknown company, it’s in print and online on The Sun, so decent exposure for them. However their agency has sent me this today. “As journos we don’t decide who gets backlinks – that’s down to the online production team. If they don’t link, that’s their prerogative and it’s often because of the impact on our own site’s SEO. “The upshot? I’ve now asked to be removed from the agency’s entire mailing list as I can’t guarantee a link and certainly don’t have time to be diving into Ts and Cs buried on a link at the bottom of their press releases. Result? No more coverage for any of their clients in any form from me. “I absolutely understand that there is pressure from clients for links, but wider exposure and brand building matter too. “Relationships between PRs and Journos matter also – and this is not how you build them. “PR friends, is demanding links with legal undertones a thing now?” WOW! Here’s what the agency sent Jane. “Just an FYI. All our emails, including press releases and comments, are covered under a Creative Commons license. As per the terms of the license, appropriate credit requires not only the mention of a name but also a direct link to the source. You can find further details on the requirement here. “The below features are great but the online article doesn’t link to our client. We require that the comment in question be amended to include an appropriate credit or that the article be removed.” I read this open-mouthed!! The sheer short-sightedness of this! ASK for a link by all means but don’t EXPECT it, don’t require it or don’t expect it NOT to ruin your entire campaign and media relations if you persist. 3 other things to stop by way of a bonus, for which I asked two tame journo buddies of mine for a new year’s resolution for PRs:- Large file attachments of images – clogs up emails, see phones below.
- PDFs – a faff when on the phone as journalists more often than not are.
- Stock images that offer zero value to the reader – lazy.
Armsons Barlow celebrates a year of social impact
Derby-based project managers, construction cost consultants, and building surveyors Armsons Barlow are celebrating a milestone year of community engagement and charitable giving and have unveiled Derby County Community Trust as their Charity of the Year for 2025.
At the start of 2024, the firm reaffirmed its commitment to corporate social responsibility through a variety of initiatives, including raising £2,700 for its 2024 charity partner Derby Food 4 Thought Alliance at its annual Charity Golf Day.
As well as organising this event, the team took part in other charity golf days hosted by Clowes Developments, Rodgers Leask, and the RICS, and also sponsored a hole at the YMCA Golf Day.
The firm’s efforts have extended beyond sporting events, and they have supported charities like Safe & Sound by providing Pro Bono services to further their mission of safeguarding vulnerable individuals. The team also took part in the Derbyshire Brain Game and support the Friends of Derby 500 Club, an initiative which helps local people and community projects.
Community engagement has extended into creative endeavours through the SHINE Virtual Balloon Race, an eco-friendly initiative raising funds and awareness for those affected by spina bifida and hydrocephalus.
Three team members volunteered with Over the Wall, a charity providing transformative experiences for children and young people with health challenges and disabilities.
The firm also teamed up with engineering consultancy Jackson Purdue Lever to organise a Harvest Festival Food Drive in support of the Derby Food 4 Thought Alliance and have just supported the national Christmas Jumper Day campaign, raising funds for Save the Children UK.
Armsons Barlow has now announced Derby County Community Trust (DCCT) as its Charity of the Year. The charitable arm of Derby County Football Club, the Trust is dedicated to improving lives and communities through sport, physical activity, health, and education.
Later this month Armsons Barlow will be partnering with the Trust and Clowes Developments to host the inaugural Construction & Property Padel Cup and Networking Event at We Are Padel on Pride Park.
The event will see 32 companies compete with the aim of being crowned inaugural champions. All profits raised from the event will be donated to DCCT, which will kick start a strong year of charitable initiatives, with a variety of events planned throughout the year.
Commenting on the firm’s CSR efforts, Josh Toon, director at Armsons Barlow, said: “At Armsons Barlow, we believe that success is not just measured by what we achieve professionally, but by the positive impact we have on our community.
“Last year, our team went above and beyond to support meaningful causes, and we’re excited to carry this momentum forward into 2025 with Derby County Community Trust as our Charity of the Year.
“We look forward to co-hosting the Construction & Property Padel Cup competition in February whilst working closely with DCCT to make a real difference.”
More than a quarter of Midlands businesses look to salary sacrifice schemes as a means of mitigating Budget tax changes
More than a quarter (29%) of Midlands mid-market businesses are looking at salary sacrifice schemes as a means of mitigating the impact of Budget tax changes coming into force from April, a new survey has found.
BDO’s Economic Engine survey of 500 mid-market businesses found that while the use of salary sacrifice schemes was one of the most popular choices among employers seeking to mitigate the rise in employers’ National insurance Contributions (NIC), 40% said they would look to outsource or offshore work.
Nearly a quarter (24%) reported that they would look to reduce or scrap planned pay increases or bonuses, while 29% said they would hire more part-time or contract workers.
Overall, nearly three quarters (74%) of respondents to BDO’s survey said they were planning to take at least one action in response to the imminent rise in employers’ NIC announced at the Budget.
Commenting on the survey findings, Steve Talbot, Head of Employment Tax at BDO in the Midlands, said: “The increases to employers’ National Insurance Contributions announced at the Budget and the accompanying drop in the threshold at which NIC applies to employee earnings came as a shock to many Midlands businesses. Unsurprisingly, the vast majority have been urgently exploring ways to mitigate this imminent jump in their costs.
“There is no silver bullet, but clearly salary sacrifice schemes for things like pensions, Electric Vehicles or cycle to work schemes – which offer NIC savings to both employers and employees – are top of mind for employers.
“For those businesses not yet offering a pension salary sacrifice scheme, now would be a good time to start. Those already operating such a scheme may seek to encourage employees, many of whom reduced their pension contributions during the pandemic, to consider the longer-term benefits of raising their contribution levels.”
Derek Bowler, Director, Employment Tax at BDO in the Midlands, said: “There is also an education piece here for employers – particularly when it comes to helping employees earning close to the key earnings thresholds.
“For example, employers could help parents earning just above the £60K and £100K thresholds to understand that using salary sacrifice schemes could help them bring down their net adjusted income and retain entitlements to child benefit or free childcare.
“Employers are also increasing the use of salary sacrifice schemes for Electric Vehicles. The Benefit in Kind charge and NIC savings will depend on the model and its list price. However, with a low Benefit in Kind charge – 2% of the list price of the vehicle this year or 3% in 2025/26 – these schemes offer both employees and employers attractive savings.”
Talbot concluded: “Our survey also found that the Budget changes are also likely to result in some businesses looking at cutting fixed costs by outsourcing or offshoring work, switching to a part-time workers model and suppressing pay increases.
“However, Midlands businesses must resist the temptation of cutting corners. Any salary sacrifice schemes introduced must be watertight to avoid any risk of HMRC censure.
“Regional employers also need to pay particular attention to ensure that salary sacrifice arrangements don’t reduce an employee’s cash earnings below the National Minimum Wage as this could result in them being fined, named and shamed.”
Pre-sale secured on 72,000ft² unit at Fairham Business Park
A new deal has been sealed at Nottingham’s Fairham Business Park, one of Clowes Developments’ flagship schemes where over one million square feet of commercial space is planned together with 3,000 dwellings.
The deal, brokered by Tim Gilbertson of FHP Property Consultants, sees the pre-sale of a 72,000ft² unit to CLEAN Linen & Workwear for their relocation and expansion of their existing Nottingham facility.
The laundry company specialises in providing linen and workwear rental services to household names and independent hotels, in addition to a range of other industries throughout the UK, with their parent company, Alsco, being a pioneer in the industry since 1889.
The new facility will meet the highest efficiency and sustainability standards, incorporating the latest automation and laundry technology advancements to significantly enhance CLEAN’s capability to serve its growing customer base.
Development Director at Clowes Developments, James Richards, said: “To date we’ve seen huge success at Fairham Business Park with a high calibre of occupiers choosing to make Fairham their home for business. It’s great to secure CLEAN and add another multi-national company into the mix.
“Fairham Business Park has already provided employment for over 750 people, the addition of CLEAN will bring that number to over 1000. We are delighted with the inward investment being generated for the area and hope to continue this as we look to bring forward phase two of the development.
“As is always the case with our projects, our professional team of advisers have delivered another great result for us in getting this deal over the line, special thanks goes to our legal representatives, Heather Dixon and Chris Hawrylak at Geldards LLP.”
Director for Operations for Hotel Linen, John Newland, who was at the forefront of the deal for CLEAN, added: “CLEAN is excited about our new laundry facility at the Fairham Business Park, in partnership with Clowes Developments and their delivery partners.
“This collaboration has truly embodied the spirit of partnership, progressing through the design and planning stages with remarkable speed and efficiency. We eagerly await the completion of this project, which will feature our most advanced laundry facility to date.
“This cutting-edge facility combines over a century of expertise with the latest technological innovations. After an extensive search, we selected the Fairham site for its top-tier facilities, abundant utilities, and excellent transport links. These attributes will enable CLEAN to continue providing exceptional service to our customers for many years to come.”
The agents for Fairham Business Park were Tim Gilbertson, Director at FHP Property Consultants, and Rob Champion, Partner at Fisher German.
This deal was brokered by Tim Gilbertson who added: “Fairham Business Park continues to go from strength to strength, and this is the latest deal we have agreed on, which sees another fantastic name join Fairham Business Park to augment the fabulous array of occupiers we have in place.
“From our initial discussions through CLEAN’s agent, Mitchell Brooks of Kempton Carr, it was clear that there was a synergy between CLEAN’s aims and what could be offered at Fairham, and it was a smooth process, as a detailed specification was quickly agreed for the bespoke facility CLEAN required.
“The end result is that we have now exchanged contracts for Clowes Developments to construct a unit of 72,000ft² for CLEAN, which will enable their expansion and relocation in the region as they continue to grow their business and expand their services to customers both old and new.
“This is the last of the large development plots that we have available at Fairham Business Park but we can still offer bespoke distribution or manufacturing space from as little as 10,000ft² up to nearly 70,000ft² and with CLEAN’s building expected to be ready for occupation by the middle of 2026, that will take the space built and occupied on the park to well over half a million square feet.
“2026 should also see us release details of the next phase of development, which will bring further facilities to the site and other opportunities for occupiers to take space ranging from offices to trade counters to standard industrial or warehouse units to retail and leisure with more detail to be provided shortly.”
Agent for CLEAN, Mitchell Brookes of Kempton Carr, concluded: “Kempton Carr Croft have worked with CLEAN for a number of years, I was delighted to assist with acquiring this latest premise to add to their portfolio and continue to watch CLEAN grow in strength.
“We undertook a search and reviewed several possible sites / options in 2024 on behalf of CLEAN, Fairham by far ticked the most boxes due to its location, connections and specification. It was a pleasure to work with Tim, and Clowes Developments on this acquisition which was a smooth process from start to finish.”
Anglian water invests £11 billion in jobs and infrastructure across East Midlands
Anglian Water is set to invest £11 billion in infrastructure projects across the region, including Nottinghamshire in the East Midlands, over the next five years. The investment is expected to create thousands of new jobs.
The company will prioritize apprenticeships to develop future industry leaders as part of its recruitment drive. This year, 90 new apprentices will join the company, adding to the existing 230 already in training.
The initiative aims to address skills shortages in the sector by combining hands-on experience with formal education. Apprentices will gain industry qualifications while working alongside experienced professionals, with a focus on digital, data, and technology roles.
Anglian Water’s investment is part of a broader strategy to strengthen water infrastructure and workforce development across the region.
Council offices to become temporary home for new Market Harborough banking hub
The call for a new banking hub in Market Harborough has been answered by Harborough District Council.
The Symington Building will be used to host the facility temporarily until a permanent home has been confirmed.
Work to fit out the space will start on the ground floor of the council premises immediately and Cash Access UK is expected to open the banking hub at the end of February.
The hub will be operated by Post Office employees, where customers of any bank can withdraw and deposit cash, make bill payments and carry out regular banking transactions, Monday to Friday, 9am to 5pm.
There will also be a community banker service available where people can talk to their own bank about more complicated issues on the day their bank is in the hub.
Cllr Phil Knowles, Leader of Harborough District Council, said: “Although lots of people do their banking online nowadays, there are many residents in the Harborough district who find this difficult, do not have internet access or prefer to do their banking in person.
“I have campaigned for a banking hub for Market Harborough for a while following the steady closure of high street banks in the town, and I’m delighted that the council has been able to assist with welcoming the new banking hub provided by Cash Access UK by hosting the hub temporarily in our council offices. I am looking forward to the banking hub opening for residents later this month.”
Leicester market proposal takes next step
A proposal to return Leicester Market to its original site and create a major new event space around it is to proceed to the next stage.
City Mayor Peter Soulsby met with market trader representatives yesterday (Thursday 13 February) to advise them that he intends to move forward with the scheme, creating a food-focused market next to the existing Food Hall, together with a versatile space that would become a focal point for outdoor events in the city.
Final designs, new planning applications and detailed costs will now be drawn up, prior to a formal decision being taken. Subject to planning permission, work could start on site this summer – and market traders could be operating from the new market building by the end of 2026.
“This proposal would give Leicester Market a fresh start and a sustainable future – and would give the traders what they wanted: a return to the site where they’ve stood for generations,” said the City Mayor.
“But it’s also a once-in-a-generation opportunity to reopen the market place as a wonderful flexible space – as it was for hundreds of years.
“The scale of the space, and the quality of the surrounding architecture, make it a very special site and my hope is that our investment in this scheme will act as a catalyst for the regeneration of the wider area.”
The proposal to create a new market building, housing 48 stalls that could be fully dismantled if necessary, and a new event space for Leicester was welcomed by most of those who took part in a formal consultation last year.
More than 1,600 (1,667) people gave their views in the online consultation, which was launched in October and ran for six weeks.
Of those responding, 60% (1,008) supported the proposal, 38% (639) did not, and a further 20 respondents did not express a preference.
“I’m grateful to everyone who took part in the consultation, as their views showed there’s support for the proposal,” said the City Mayor.
“My focus now is on progressing this scheme, ahead of a formal decision. Our project team will now be developing the designs and preparing the planning applications, with a view to getting this important site redeveloped and open for business as quickly as possible.”
A planning application for the new square is due to be submitted next month (March), with plans for the new building expected to be submitted in July.
