MHRA shuts down illegal weight loss drug operation in Northampton

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The Medicines and Healthcare products Regulatory Agency (MHRA) has uncovered the UK’s first illegal manufacturing site for weight loss medicines following a raid in Northampton.

Officers from the agency’s Criminal Enforcement Unit, supported by Northamptonshire Police, seized thousands of unlicensed injection pens and raw materials used to make drugs containing retatrutide and tirzepatide. Tens of thousands of empty pens and packaging were also recovered, alongside around £20,000 in cash.

The raid, which took place on an industrial estate, marked the largest single seizure of illicit weight loss medicines by any enforcement body worldwide. The value of the finished products was estimated at more than £250,000.

The facility was set up for large-scale production, packaging, and distribution of unlicensed medicines designed to mimic legitimate weight loss treatments. These products were intended for sale to UK and overseas buyers through unregulated online channels.

The two-day operation is part of the MHRA’s wider crackdown on illegal medicines. Officials said the site’s closure prevented tens of thousands of potentially unsafe products from entering the market and disrupting legitimate pharmaceutical supply chains.

Businesses operating in the pharmaceutical and healthcare sectors are being reminded to ensure full compliance with licensing and safety regulations and to report any suspected illegal activity through MHRA’s reporting channels.

Grant scheme launched to strengthen North Lincolnshire businesses

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Small and medium-sized enterprises in North Lincolnshire can now access new funding designed to drive investment, boost efficiency, and create local jobs.

The latest business grant scheme aims to support companies that have been trading for more than a year, helping them modernise operations and remain competitive in a challenging market. Eligible projects include equipment upgrades, technology adoption, diversification into new products or services, and energy-saving measures such as solar panels or heat pumps.

Grants range from £2,500 to £5,000, and applicants must match the funding on a 50:50 basis. Projects must begin immediately upon approval and be completed within 30 working days. Funding will be distributed on a first-come, first-served basis until all allocations are made.

Cllr Rob Waltham, leader of North Lincolnshire Council, said: “Strong businesses, new jobs and a thriving local economy – these things really matter for residents and communities.

“This fund gives local firms the chance to invest with confidence, modernise their operations and build for the future – these grants are a practical way to give firms the tools they need to succeed.”

A previous round of funding supported Bennett Potatoes in Scawby, which invested £4.5 million in advanced processing and packaging facilities. The grant contributed to the completion of an automated production line, improving product quality, reducing waste, and creating local employment.

The new scheme builds on that success, reflecting the council’s ongoing commitment to encouraging business innovation, strengthening supply chains, and securing long-term economic growth across North Lincolnshire.

New housing and data hub plan set for former Rufford Colliery site

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A redevelopment plan has been revealed for the former Rufford Colliery site near Rainworth in Nottinghamshire. The proposal outlines the construction of around 400 homes, alongside a potential data centre and road improvements to the nearby A617.

The 65-hectare site, once home to coal mining operations until 1993, has since undergone environmental restoration. Much of the land now supports wildlife habitats, which developers say will be protected under the proposed scheme.

Developer Harworth Group is preparing to submit a planning application to Newark and Sherwood District Council. Ahead of the submission, the company is running a public consultation that includes an information event at Rainworth Miners Welfare Social Club and an online feedback platform open until 21 November.

The project forms part of wider national targets to increase housing supply, contributing to the government’s goal of delivering 1.5 million new homes across England by 2029. The scheme’s inclusion of digital infrastructure, residential development, and environmental safeguards positions it as a mixed-use regeneration opportunity for the region’s post-industrial land.

DMU and Leicester Business Voice expand collaboration to boost local enterprise

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De Montfort University Leicester (DMU) has renewed and expanded its partnership with Leicester Business Voice (LBV) to strengthen support for the city’s business community.

The agreement builds on a long-standing relationship between the two organisations. It will see DMU’s Business Services team work closely with LBV to design joint events, share market insights, and connect local firms with the university’s research expertise and graduate talent.

Sue Tilley, Chair of LBV, said: “LBV understands the critical support that our local universities provide to the local business community, through access to research, technology and facilities; student and graduate talent; bespoke training and CPD; and collaborative projects like Knowledge Transfer Partnerships (KTPs).

“By strengthening our relationship with De Montfort University through this new agreement, we will be working collaboratively to create business-focused events for members, share intelligence and insights, and identify joint opportunities for LBV members.”

The partnership aims to help companies across Leicester and Leicestershire navigate challenges such as digital transformation, workforce development, and regional economic change. It will include joint projects and events developed through the Universities Partnership of Leicester, Loughborough, and DMU—an initiative that engages employers on strategic issues from skills shortages to sustainability.

By aligning LBV’s business network with DMU’s research and innovation resources, the collaboration seeks to create new opportunities for knowledge exchange and business growth. The university will also continue to work with LBV’s board and ambassadors to ensure business priorities are represented at the regional and national levels.

The partnership reaffirms DMU’s role as a key driver of local enterprise engagement, offering companies direct access to research, facilities, and innovation support through DMU Business Services.

Punch Pubs reports higher revenue amid active expansion

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Punch Pubs Group recorded a rise in both revenue and earnings for the year ending 10 August 2025, supported by acquisitions and site investments across its UK estate.

The operator, which runs 1,266 pubs nationwide, posted turnover of £337.9 million, an increase from £323.5 million the previous year. EBITDA climbed to £95.8 million from £88.6 million. The company attributed the performance to recent purchases of individual pubs and small portfolios, as well as the continued growth of its converted pub partnerships.

During the 52 weeks, Punch Pubs invested £20 million to acquire 35 additional pubs and a further £40 million in capital projects for expansion and upkeep. Despite these investments, the group reported a pre-tax loss of £22.8 million compared with a £600,000 profit the year before.

The business noted that the first eight weeks of the new financial year to 5 October 2025 have shown strong trading, with EBITDA exceeding the same period in 2024. The company’s acquisition-driven model and reinvestment strategy indicate ongoing confidence in the long-term performance of the managed pub sector.

Stirlin begins next stage of Enterprise West Lindsey expansion

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Construction firm Stirlin has started site clearing and enabling works for the next stage of its Enterprise West Lindsey development in Saxilby, Lincolnshire.

The work covers two plots (E and F) where 18 new industrial and hybrid office-warehouse units will be built. The scheme, positioned on Skellingthorpe Road opposite Stirlin Court and near Riverside Enterprise Park, is being prepared on behalf of a private client. Once complete, it will deliver additional commercial space to support business growth and investment in the region.

Enterprise West Lindsey originated from a £2.3 million infrastructure project that transformed a greenfield site into serviced development land. The earlier phase included drainage systems, a pumping station, and access roads. Since its completion, the development has attracted several local firms, including Lincframe Roof Trusses, AMS, and Independent Fire Inspections, all of which have established headquarters there.

Howard Griffith, Head of Construction at Stirlin, said: “We’re pleased to deliver progress on the next phase at Enterprise West Lindsey. The development has become a fantastic base for ambitious local businesses, and this expansion will further enhance the site’s offering, providing much-needed commercial space in Saxilby and beyond.”

The latest phase forms part of Stirlin’s broader objective to expand the business park and attract further investment. Design and Build options remain available for companies seeking bespoke premises. The expansion is expected to create long-term employment opportunities and strengthen Lincolnshire’s commercial base.

Etihad Cargo adds East Midlands Airport to its global network

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Etihad Cargo has launched twice-weekly freighter flights between Abu Dhabi and East Midlands Airport, marking a new connection between the UAE and the UK’s main express freight hub.

The carrier, which operates a fleet of Boeing 777 freighters capable of moving more than one million tonnes of cargo annually, is expanding its network from its base at Zayed International Airport. Established in 2004, Etihad Cargo provides both charter and scheduled freight services worldwide.

The airport’s newly appointed Commercial Director, Adam Andrews, said: “I’m pleased that Etihad Cargo has announced regular flights to East Midlands Airport – our strategic central location and ease of operation make us a great choice for quick access to all parts of the UK.

“This new operator is a further positive sign of East Midlands Airport’s success as the number one UK airport for express cargo, with the capacity and capability to grow.”

The addition of Etihad strengthens East Midlands Airport’s position as a key UK logistics gateway. The airport recorded a 17.4% increase in cargo volumes between May and July compared with the previous year and continues to attract international operators. Recent entrants include Central Airlines, Ethiopian Cargo, Saudia Cargo and Atlas Air, all running routes that link Asia and the Middle East with the UK. British carrier One Air also relocated its operations from Heathrow to East Midlands, expanding its fleet with additional Boeing 777 aircraft.

Stanislas Brun, Chief Cargo Officer of Etihad Airways, added: “Introducing a new freighter service to East Midlands Airport is an important step for Etihad Cargo as we continue to expand our global footprint.

“As the UK’s major hub for airfreight and cargo operations with direct access to key distribution networks for both domestic and European deliveries, this route allows for fast turnaround times and efficient customs handling. Above all, it empowers the people and businesses behind each shipment, helping them build connections that go beyond borders.”

To accommodate rising demand, the airport has expanded parking areas and stands for cargo aircraft, while FedEx and Swissport have upgraded on-site facilities. Plans are also under way for four new cargo developments next to the runway, supporting projected growth of more than 50% over the next two decades.

UK Material Handling Association snaps up Beauchamp Business Park units

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Clowes Developments has completed the sale of Units G1 (A&B) at Beauchamp Business Park to UK Material Handling Association. The UK Material Handling Association (UKMHA) is the official trade body representing forklift truck manufacturers, suppliers, dealers, and end users across the UK’s material handling industry. The newly acquired semi-detached 8,400 sq ft unit will serve as the organisation’s operational base for UKMHA and its subsidiary CFTS Ltd. Robert Fisher of UK Material Handling Association said: “We are delighted to have secured what will become the new home for UKMHA and our subsidiary, CFTS. This move not only provides the space to grow and enhance our training offer, but also positions us to innovate, collaborate, and better serve the evolving needs of our members.” Jack Brown of TDB Real Estate, one of the joint agents on the scheme, said: “We’re delighted to have completed another successful sale at Beauchamp Business Park, this time to a well-established organisation within the material handling sector. This deal reinforces the continued demand we’re seeing for high-quality freehold units from both local and regional occupiers looking to invest in their own premises.”

New managing director for UKRL

Steve McBride, the current chair of UK Rail Leasing Ltd (UKRL), the rail vehicle engineering, fleet management and train industry care provider, has been appointed as managing director. He replaces Gareth Roberts, who is leaving the Leicester-based firm to pursue a new opportunity outside of the rail sector. UKRL director Mark Winter said: “I have to say we are saddened by the departure of Gareth, but we wish him the very best in his future role and are very fortunate to have an excellent replacement in Steve. “Steve brings a wealth of experience from a long career in the railways, including as Managing Director of Vivarail and Customer Service Director at Angel Trains. As Chair, Steve has been an integral part of the senior leadership team at UKRL and is intent upon building on the excellent work Gareth has done developing the UKRL business over the past two years.” Steve said: “I’m thrilled to be taking over from Gareth, who has, along with our talented team, done an incredible job over the past two years. I look forward to working with colleagues and our supply base to continue serving customers to the very best of our abilities during what will be a period of significant transformation for the rail industry.” Reflecting on his time at UKRL, Gareth said: “I’m immensely proud of what we’ve achieved together — the talented, dedicated team we’ve built consistently goes above and beyond to serve our customers with care, professionalism, and pride. “I’d like to thank everyone I’ve had the privilege to work alongside, and in particular our Chairman, Steve, who will now take over as Managing Director. I have every confidence that under his leadership, the company will continue to grow and deliver the same exceptional service and commitment our customers expect.”

New Mansfield bus depot poised to support electric fleet transition

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Stagecoach Services Ltd is expected to receive planning approval from Mansfield District Council to redevelop its existing Sutton Road bus depot.

The proposal involves demolishing the current buildings and constructing a new facility equipped to support a fully electric fleet. Plans include a modern workshop, a dedicated bus wash system, and electric vehicle charging bays designed to service 24 new electric buses.

Council planning officers have recommended the project for approval, noting its role in advancing Mansfield’s transition toward cleaner public transport. The redevelopment represents a significant private-sector investment in the town’s transport infrastructure and is anticipated to sustain local employment while improving operational efficiency for the bus operator.

If approved, the project will replace outdated facilities with a streamlined, purpose-built site designed to meet the operational and environmental requirements of a modern bus fleet.

Businesses eye £500bn productivity lift as AI reshapes recruitment

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UK employers could unlock more than £500bn in productivity by using artificial intelligence to overhaul recruitment, a new LinkedIn analysis suggests.

The findings point to growing corporate interest in automating the most time-consuming parts of hiring, such as screening CVs, drafting job adverts, and sourcing candidates. AI platforms are already being deployed to speed up these stages, allowing recruitment teams to focus on strategic workforce planning and candidate engagement.

Adoption, however, remains uneven. Most UK recruiters report limited AI training despite expectations from leadership teams to build future-ready workforces. Regional differences also persist, with most AI-related vacancies and skill development concentrated in London. Outside the capital, progress has been slower, reflecting broader disparities in digital investment and infrastructure.

Separate studies highlight both the promise and the pitfalls of automation. Research by the Alan Turing Institute and the Institute for Ethical AI has shown that hiring algorithms can mirror existing workplace biases, while HR surveys reveal widespread concern that automated processes weaken the human connection during hiring.

Data from other consultancies reinforce the mixed picture. EY’s latest analysis finds that demand for AI expertise is rising across financial services boards, though few firms have the governance to manage the ethical and operational risks it entails. Meanwhile, surveys indicate that while automation has accelerated candidate screening, high early-stage turnover remains common, suggesting that efficiency alone does not guarantee better recruitment outcomes.

Browne Jacobson advises Milient on latest UK acquisition

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Browne Jacobson has advised Norway-based Milient Software AS, backed by private equity investor Monterro, on its acquisition of UK software provider Cubic Interactive Limited, trading as Rapport3. The move strengthens Milient’s foothold in the UK project management software market and forms part of its wider European expansion strategy.

Milient develops digital management platforms for architects, engineers, and other professional service firms. Rapport3 delivers a project and resource management system tailored to similar users, making it a strong strategic fit for Milient’s growing portfolio.

Browne Jacobson’s private equity team, led by Partner Gareth Davies and supported by Principal Associate Matthew Dorman and Associate Jonathan Bradley, provided legal advice on the transaction, with additional input from the firm’s tax and employment specialists.

Gareth Davies, Partner at Browne Jacobson, commented: “Supporting Milient Software and Monterro for the second time on their UK expansion underscores a broader market trend: the growing confidence of overseas investors in UK tech. This transaction is a powerful signal that international capital continues to back the UK’s world-class technology sector. It has been a pleasure to work with the team again and see their continued growth into the UK market. Our wider Private Equity practice is acting on an increasing number of international deals year on year, and this transaction is another example of our leading position in the mid-market space.”

Simon Nystrom, Investment Manager at Monterro, added: “We’ve been impressed by the quality and innovation within the British software sector, and Rapport3’s expertise and client base make this a highly strategic addition to our business. Browne Jacobson’s deep understanding of cross-border transactions and the UK market has been invaluable. This is our second deal together, and their commercial approach and technical excellence made the process seamless.”

The acquisition reflects continued investor confidence in UK software firms and highlights the growing interest of international funds in supporting the country’s expanding technology landscape.

Private equity firm exits investment in Leicester’s Obsequio Group

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Beech Tree Private Equity has exited its investment in Obsequio Group, with Warren Equity Partners joining as the new investment partner. Obsequio is a provider of fire safety, water hygiene, security, asbestos, energy, and environmental compliance services across the UK, supporting both public and private sector clients. The business will continue to be led by Simon Abley (CEO) and Simon Cashmore (executive chairman) who together founded the Obsequio Group in 2020. This transaction represents the first exit from Beech Tree PE Fund III and delivers strong returns for Beech Tree, with Obsequio’s revenues increasing from £17m to over £70m over the course of Beech Tree’s investment. Obsequio, headquartered in Leicester and now employing over 630 staff, has expanded rapidly since Beech Tree’s investment in 2023 both organically and through a series of seven bolt-on acquisitions, which have extended the range of compliance services offered by the Group as well as expanded its geographic coverage. As part of the investment from Warren Equity Partners, two further acquisitions have been announced: Atlas World, an active fire compliance specialist based in Belfast, and PLP Fire Protection, a smoke and ventilation specialist based in Chatham. Simon Abley, CEO, said: “Our journey with Beech Tree over the past two and a half years has been exceptional. With their support, we’ve achieved significant growth – both organically and through strategic acquisitions and strengthened our senior management team.” Ben Cartwright, director, Beech Tree Private Equity, said: “It has been an absolute pleasure to work with Simon Abley, Simon Cashmore and the rest of the Obsequio management team and see Obsequio grow into the standout business that it is today. We look forward to seeing the business continue to grow alongside their new investors, Warren Equity Partners.”

Acquisitions see energy business strengthen position in European liquid gas market

Ireland-based energy business DCC has made two acquisitions, strengthening its position in the European liquid gas market. DCC has acquired the AvantiGas cylinder business in Chesterfield, through Leicestershire firm Flogas Britain. It has also agreed to acquire FLAGA GmbH, a distributor of liquid gas in Austria in a deal valued at £47.5m. Both acquisitions have been from UGI International, LLC.
“These acquisitions are an important step in our strategy to become the leading energy solutions provider in our chosen markets,” said Donal Murphy, Chief Executive. “Liquid gas is one of our top growth priorities, and we’re excited to welcome the teams in Austria and the UK to DCC.”

Vaillant marks milestone with Derby factory visit

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Vaillant Group UK’s manufacturing facility in Derby welcomed a royal visit to mark its growing role in the UK’s low-carbon heating sector. The 12,200-square-metre plant, located near the company’s Belper headquarters, produces uniSTOR high-recovery hot water cylinders designed for both traditional and low-temperature heating systems.

The visit included a guided tour of the factory and an overview of the company’s production process for its cylinder range. Apprentices specialising in welding and engineering were among those who met guests, highlighting Vaillant’s investment in developing technical skills to support the transition to cleaner heating technologies.

Henrik Hansen, Managing Director of Vaillant Group UK and Ireland, said:

“It was an honour to welcome Her Royal Highness The Princess Royal to our manufacturing site. She was able to view the innovating manufacturing process we have developed to support the growth of low carbon home heating systems. We are very proud of the contribution we are making to help customers transition to cleaner energy use through our technology and manufacturing excellence based in the East Midlands.”

Local and regional leaders attended the event, including representatives from Derby City Council, the Lord-Lieutenant’s office, and business and community partners such as Derby Museums, Derby College, and Marketing Derby.

The Derby plant, opened as part of Vaillant’s 150th anniversary celebrations, forms part of the company’s long-term strategy to expand its UK manufacturing capabilities. The facility has increased local employment and created apprenticeship opportunities, strengthening the East Midlands’ contribution to the low-carbon economy.

Russell Roof Tiles secures major funding to boost production and innovation

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Roof tile manufacturer Russell Roof Tiles has secured an eight-figure funding package from HSBC UK to support expansion and innovation across its operations. The deal will allow the company to increase manufacturing capacity and advance new product development, including its latest launch, Bute3, a design that merges three plain tiles into one for improved efficiency.

The investment follows the completion of an £18.5 million fully automated production line at the company’s Burton on Trent facility, where Bute3 is now in full production. The firm expects a 30 per cent rise in turnover over the coming year, driven by increased demand and strategic reinvestment in its sites.

Founded in 1892 and part of the Crown Roof Tiles Group since 2011, Russell Roof Tiles employs around 200 people across its sites in Burton on Trent and Lochmaben. The refinancing was supported by legal advisers Freeths and Pinsent Masons, acting for the company and HSBC UK, respectively.

M&B appoints new CFO from M&S as leadership transition begins

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Mitchells & Butlers has announced the appointment of Emma Harris, finance director for food at Marks & Spencer, as its next chief financial officer. She will succeed Tim Jones, who plans to retire after nearly 15 years in the role.

Jones joined the pub and restaurant operator in 2010 and played a central role in strengthening its financial position and steering it through the pandemic. His planned departure is part of the company’s broader succession planning strategy. Harris brings significant experience from senior finance roles at Asda, Walgreens Boots Alliance, and M&S.

A formal date for Harris’s appointment has not been set, but Jones will remain in post until a full handover is complete, expected by early summer 2026. The move marks a continued effort by the company to maintain financial stability and support its brand portfolio, which includes Miller & Carter, All Bar One, and Toby Carvery.

See Limited wins national award for innovation

Corby-based See Limited has clinched the Innovation of the Year accolade at this year’s National Building and Construction Awards. The Northants company took away Gold at a special black tie awards ceremony at the Leonardo Royal London Tower Bridge Hotel. The group holding company, responsible for businesses involved in the supply, distribution and fabrication of wood veneer and decorative laminate panels in the UK built environment industry, was recognised for taking action to help remove the impact of its sector on the environment. According to the UK Green Building Council this impact equates to 40% of the UK’s total carbon footprint. By focusing on innovation, See Limited has successfully distributed a line of zero-carbon driven products including BioCarbon Laminates, the UK’s first zero-carbon driven range of solid grade and high-pressure laminates for commercial washroom environments, and BioCarbon Worktops, the UK’s first carbon neutral kitchen worktop targeting UK homeowners. It has also worked with environmental consultants and the Sustainable Business Alliance to produce an independent third party Life Cycle Analysis, Environmental Product Declaration of the product range over its full ‘Cradle-to Grave’ life cycle, and an annual sustainability report. The national award win marks two consecutive years of success at the National Building and Construction Awards, having taken the title for Sustainability at last year’s awards. “We’re honoured to be Gold award winners,” said Daniel McNerney, managing director at See Limited. “This recognition reflects not only our innovation across our products but also our deep commitment to sustainability, collaboration and future-proofing the way we work. “At See Limited we believe innovation flourishes in a culture that values people, purpose and progress, where creative thinking and responsible growth go hand in hand. “A huge thank you to our incredible teams at our companies – See Limited, Bousfields and Performance Panels Limited – for their dedication, integrity and forward-thinking mindset. It’s their hard work and shared vision that makes achievements like this possible.”

Cooper Parry Wealth eyes national expansion

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Cooper Parry Wealth (CPW) is entering a new chapter, with new leadership and plans to scale across the UK, starting with a major push into Manchester and the North West. David Kendrick, who stepped into the role of managing director in July, is leading the charge. With CPW already managing over £1.7bn of assets for 900 families, the goal is to grow that figure to £6bn over the next three years, delivering £50m revenue. That growth will be driven by strategic acquisitions, key hires, digital investment and deeper integration with Cooper Parry’s wider business – particularly across its eight hubs in the East and West Midlands, Aberdeen and Edinburgh, Dungannon Northern Ireland, Manchester, Reading and London. David has already started to expand the business in the North West, with key hires of Hannah Davies – director of growth, Paul Clifford – relationship manager and Anna McKenzie – paraplanner team leader. This rapid team growth is expected to continue, alongside acquisition conversations in the region. “It’s exciting times,” said David. “We’re not re-platforming or relocating the business. We’re scaling out across the Cooper Parry group’s hubs. We’re in advanced talks with potential partners and talent to supercharge our presence in the region – a truly exciting time to be part of this great business.” With a team of 80+ already in place, CPW expects to grow to nearly 300 people within three years.

Peritus Learning joins East Midlands Chamber patron network

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Leicester-based online training provider Peritus Learning has joined the East Midlands Chamber as a patron, strengthening ties with the regional business community.

The move positions Peritus Learning to contribute to local workforce development and policy dialogue while expanding access to its digital learning platform across the Chamber’s network. Founded in 2004, the company delivers more than 180 online courses in leadership, compliance, IT, and professional development. Its programmes have supported over 100,000 users across multiple sectors.

Peritus Learning operates the Improve Training platform, which enables organisations to manage compliance and upskill staff through a single system. The firm’s approach emphasises cost-efficient, scalable access to training resources, aiming to simplify how businesses deliver learning across teams.

East Midlands Chamber Chief Executive Scott Knowles said: “Peritus Learning adds significant value to the Chamber’s operations, supporting workforce development, compliance and leadership growth. Through its online courses and Improve Training platform, Peritus Learning provides engaging, high-quality training that offers a one-stop solution for businesses to meet their regulatory, legislative and skills development needs.

“The Chamber has benefited from Peritus Learning courses for many years and they remain a key part of our internal learning and training toolkit. I’m delighted Peritus Learning is to become a patron, strengthening our longstanding collaboration.”

The partnership is expected to enhance opportunities for Chamber members to strengthen leadership and training capacity while promoting a culture of continuous learning within East Midlands businesses.