Redevelopment of major industrial estate in Derbyshire backed by bespoke loan

OakNorth Bank has completed a bespoke loan to support the acquisition and redevelopment of New Stanton Park in Derbyshire. The project is being led by Verdant Regeneration, whose management team have successfully acquired and redeveloped industrial sites across the UK for over three decades, including the recent renovation of land adjacent to the New Stanton Park site. Its past schemes include the regeneration of several brownfield sites and the conversion of industrial warehouses to commercial offices, both domestically and overseas. Previously the Stanton Ironworks, New Stanton Park covers over 200-acres of land between the villages of Stanton-by-Dale and Ilkeston in Derbyshire. Centrally located and a short drive from the M1 motorway, the UK’s major industrial cities of Leicester, Sheffield, Birmingham, Leeds and Manchester are all within relatively short travel distances. The site also has its own railway, directly linked to the Midland Mainline, that can be utilised by all occupants, with East Midlands Airport, the UK’s busiest freight airport, also located only 11 miles away. David Grier of Verdant Regeneration said: “Having acquired the site in 2020, we have worked hard across the team to quickly bring forward an outline planning application on what is one of the largest regeneration projects within the region. “New Stanton Park offers an excellent strategic location, blending an active rail connection with strong private and public transport connectivity, plentiful labour and a large and significant power supply. “When combined, we are confident this will result in a highly successful development with the next chapter set to positively transform and improve the area, bringing forward large-scale job creation in the process. “This was our first time working with OakNorth Bank and we found their approach transparent throughout. Dale and the team knew the region’s industrial property market very well, meaning they were willing and able to go the extra mile to support us.” Dale Cowdell, associate director of debt finance at OakNorth Bank, added: “With this scheme set to create up to 4,000 jobs, we’re delighted to be supporting such a positive project for the region. “We’ve seen local demand for large logistical and industrial space increase significantly in the last 24 months, heightening the need for greater access to high-quality industrial and commercial buildings across the Midlands. “Verdant Regeneration has been hugely proactive in its approach since purchasing the site, with the scheme’s recent successful planning application providing a major step forward for the project. We’re excited to be working with the team and look forward to supporting them on future schemes going forward.”

Burton manufacturer swoops for global business

Burton-based Doncasters, has acquired Uni-Pol, a global business specialising in the manufacture of superalloy cast parts. This acquisition places Doncasters amongst the largest manufacturers of high-precision alloy components in the global supply chain, enhancing the future for the group, its employees, and customers. The precision parts market is expected to reach revenues of $300 billion by 2025, growing at a CAGR of over 10 per cent between 2019 and 2025. Doncasters has seen the industry develop since 1778, when the company’s founder, Daniel Doncaster applied the crucible steel-making process to the manufacture of hand tools. Since it was established, Doncasters has grown to be an international manufacturer of high-precision engineering components. Each of its eleven advanced production facilities across Europe and the US has specialist capabilities and serves a broad blue-chip client base, including Siemens, GE, Rolls-Royce, Ansaldo, BorgWarner, Garrett Motion and Cummins. Established in 2005, Uni-Pol has four manufacturing facilities in China, India, Mexico and the UK. This acquisition means that Doncasters will have an annual revenue of over $500 million and employ nearly 3,000 people across 7 countries. “Some time ago, we identified Uni-Pol as a natural fit with the Doncasters group of businesses,” explained Mike Quinn, CEO of Doncasters. “The additional support from the group gives Uni-Pol extensive opportunities to further develop its offering and, in turn, Doncasters will benefit from Uni-Pol’s additional expertise and technology. “It also broadens Doncasters’ product offering, benefiting existing and new international customers, particularly those in Asia and South America. “This is an exciting time for the Doncasters group of businesses, as we invest in upgrading our operating equipment, technology platforms and capabilities, so that we can be more efficient, accurate, timely and can compete on a wider scale. We’ll also be strengthening and developing our talent, who will benefit from the opportunities created by this acquisition,” concluded Quinn. David Orr, Chief Executive Officer of Uni-Pol, said: “This is a fantastic new chapter in our history. This synergy is great for our people and for our customers as we focus on supplying complex, high-quality competitive products for the automotive and aerospace industries on an international scale. I’m looking forward to working together as one team, towards what looks like a bright future for us all.”

Clearbell fully lets Flintstone Portfolio with new Nottinghamshire deals

Clearbell UK Strategic Trust (CST or Clearbell), a Trust advised by Clearbell Capital, has fully let its Flintstone Portfolio, with two new leases agreed at Orchard Court industrial park in Nottinghamshire. The Trust has agreed leases totalling nearly 18,000 sq ft at Orchard Court. This includes a 12,900 sq ft warehouse, which has been let to Dawson Group, and a 5,000 sq ft unit, now let to AF Switchgear Limited. The lettings follow asset management work to improve the EPC ratings of the assets, to an A and B rating respectively. As a result of these agreements, the Flintstone Portfolio, purchased in February 2022 is now fully let. The portfolio of eight properties comprise distribution, industrial and an office. Clearbell was advised by joint agents FHP Property Consultants and Commercial Property Partners. Alice Murray, asset manager at Clearbell Capital LLP, said: “Investor and tenant appetite for industrial and logistics assets shows no signs of abating. The strong letting activity we have seen across the Flintstone Portfolio is also testament to demand for quality assets and the importance of strong ESG credentials when tenants are making leasing decisions.” Chris Proctor, of FHP Property Consultants, said: “I am delighted that Stuart and I have managed to conclude two lettings on behalf of Clearbell within a very swift marketing period. “A high level of interest was achieved in both units and excellent commercial terms secured. The two units at Orchard Court provided modern good quality warehouse and distribution space within a strong location close to the A38 and Junction 28 of the M1.” Stuart Waite, of Commercial Property Partners, said: “We are pleased to have concluded two leasing deals on behalf of our client following their recent acquisition of the estate. The units were let swiftly, at strong headline rental levels following competitive interest. “To attract tenants the calibre of AF Switchgear and Dawson Group is a fantastic result for our client, who concluded a refurbishment programme within a tight timeframe post acquisition.”

Recognise your team’s outstanding work at the East Midlands Bricks Awards 2022

With nominations OPEN for East Midlands Business Link’s illustrious Bricks Awards, reward and recognise your teams, and boost morale, by submitting an entry. Celebrating the region’s property and construction industry, award categories include: most active estate agent, commercial development of the year, responsible business of the year, residential development of the year, developer of the year, deal of the year, architects of the year, excellence in design, sustainable development of the year, contractor of the year, and overall winner. Winners will be revealed at a glittering awards ceremony on Thursday 15 September, at the Trent Bridge Cricket Ground – an evening also providing the chance to forge new contacts with property and construction professionals from across the region. Dan Stack, director at Chevin Homes, reflected on winning an award at the 2021 event: “We were absolutely delighted that Chevin Homes has been recognised and the Chase Farm scheme awarded as Residential Development of the Year. A great night away enjoyed by all and this award is a fitting reward for the team effort to create this bespoke development.” To submit a business or development for the East Midlands Bricks Awards 2022, please click on a category link below or visit this page.
The Overall Winner of the East Midlands Bricks Awards 2022 will also be awarded a year of marketing/publicity worth £20,000. Find out who last year’s winners were here.

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 15 September 2022 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. The event will also welcome John Forkin MBE DL, Managing Director at award-winning investment promotion agency Marketing Derby, as keynote speaker. Dress code is standard business attire.
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£20m Levelling Up bid set to move forward for Ilkeston

A bid for up to £20m of government funding for three projects to help regenerate Ilkeston town centre looks set to be approved next week. A meeting of Erewash Borough Council’s Executive on Tuesday (5 July) is expected to agree that the bid should be submitted to the nationwide Levelling Up initiative as part of the drive to improve the town centre. A report going to the meeting says that a seven week public consultation earlier this year produced clear results that have helped shape the ambitious bid, with residents particularly highlighting a desire for a better range and quality of shops, including restaurants and services for children, and action over vacant properties. If approved by Executive members, the bid will go to the government next week and focus on winning funding for three inter-linked regeneration projects covering South Street, the Market Place, Bath Street and Station Road. Details of these project proposals include:
  • The purchase and refurbishment of the derelict Grade II listed Ritz building with a view to letting it out as a possible food court, market hall or entertainment venue.
  • Tackling the long term empty shops on Bath Street where there are currently 10 properties that have been vacant from 4 up to 23 years. The proposal is to support whole building refurbishment by offering to buy the leasehold of refurbished commercial units in these buildings or, failing that, to acquire the buildings and appoint a development partner to carry out the refurbishment.
  • A third project aims to raise the overall quality and attractiveness of the area to attract further private sector investment and boost the welcoming vibe for residents. Suggestions include more greenery, new gateway features to the main shopping streets and innovative new lighting schemes for the Market Place.
Councillor Bryn Lewis, Erewash Borough Council’s lead member for town centres, says: “We have put together a high quality bid thanks to the input of local residents whose valuable contributions and suggestions were paramount in helping us shape the proposals. They were very clear in what improvements and actions they would like to see. This is a great opportunity that offers the prospect of making a real difference.” The meeting of Council Executive is at Ilkeston Town Hall on Tuesday 5 July at 10.30am.

Multi-million-pound investment and development signals new era at Gamston airport

The first phase of the multi-million-pound development and investment at Retford (Gamston) Airport by Thatcham Research marks an exciting new era for the site and surrounding area. The ambition is to create a UK centre of excellence around vehicle technology testing and safety research that will attract future investment as well as employment and skills development in the area, while securing a long-term future for aviation. The initial construction work started on 20 June 2022, with the first phase focused on ensuring the continued safe operation of aviation with upgrades to the main runway, markings and runway lighting, as well as development of part of the site for vehicle technology testing and safety research. Construction work is expected to be completed in September 2022. During this period, the airport will be closed to all visiting aircraft. Businesses and private flyers based at Gamston will continue to be able to operate using an alternative runway. Jonathan Hewett, Chief Executive at Thatcham Research, says: “We are extremely excited to begin to realise our ambition of creating a UK centre of excellence for vehicle technology research and safety assurance testing, as well as securing a long-term future for aviation at Gamston. “We have ambitious plans around employment and skills development at Gamston. We will be looking to create 30 jobs in this first phase, through the recruitment of key engineering and support roles from across the area, as well as transferring some of our staff from Berkshire to Gamston. “We are also exploring opportunities with Bassetlaw District Council on extending the training and skills development that we already undertake for the automotive repair industry, with more than 3,500 technicians and apprentices benefitting from our training every year. “In terms of this phase of the construction, we’re doing all we can to ensure that it has limited impact on the local community, and are working closely with our contractors to minimise noise and disruption, as well as making sure that aviation can continue.” Cllr Jo White, cabinet member for regeneration at Bassetlaw District Council, says: “I am very pleased to welcome Thatcham Research to Bassetlaw and I’m thrilled that they have chosen our district as a home for their new UK centre of excellence. “Their presence and investment at Gamston will be a step-change for the area in terms of the new technology that Thatcham will bring, but also for the higher skilled employment opportunities that will be developed. “This is the beginning of a partnership that will benefit Thatcham and Bassetlaw and I’m excited to see how this flourishes and develops over the coming months and years.” Thatcham Research received planning permission from Bassetlaw District Council in August 2021 to develop Retford (Gamston) Airport as a dual operations site, and became owners of Gamston Aviation Limited (GAL) who run the airport in December 2021.

Future of fire & security specialists secured with Employee Ownership Trust

The long-term future of fire and security alarm system installation specialists Tecserv UK has been assured following the completion of an Employee Ownership Trust (EOT). Based in Underwood, on the Notts & Derby border, Tecserv UK is about to celebrate its 21st anniversary and best ever turnover. CEO Grahame Tilley said: “Tecserv is a great place to work and has a fantastic talented team driving it forward. I am planning on retiring within the next few years, so by adopting an EOT as an exit strategy, instead of selling the business to a 3rd party, we will be rewarding our staff for their hard work and loyalty with long term security and brand continuity.” Founded in 2001, Tecserv UK employs more than 50 people across the UK installing and maintaining fire and intruder alarms, CCTV, access control and fire extinguishers. Professional advice to establish the EOT was provided by John Sykes from Skye Corporate Finance in Leicester, Roger Harcourt from Shakespeare Martineau and Bob Johnson and Pujah Joshi from Mazars Leicester office.

How to increase customer satisfaction on an eCommerce site

The eCommerce sector is one of the fastest-growing industries, with eComm sales reaching over £693 billion in the UK alone. Whether you have a burgeoning eComm site or you’ve been part of the growing online revolution for a number of years, in such a competitive market it’s important to continually look for ways to improve and increase customer satisfaction. Why is customer satisfaction important? Ultimately, without customers, you have no business. You could have the best product in the world, but if customer satisfaction is low, they’re less likely to recommend your services. Customer satisfaction leads to greater customer retention, which in turn, will lead to greater profits. But in order to increase customer satisfaction, you’ll need to understand how to measure it, which will help show you how you can increase it. How to measure customer satisfaction There are a number of ways you can measure customer satisfaction, but the easiest and most effective way is by asking your customers. Whether you ask them to fill out surveys and in thanks they receive a discount on a future purchase, or you create focus groups that use your site and then give feedback. If you’re more tech-savvy and interested in user experience, you can also measure the conversion rate and bounce rate. By looking at which pages customers leave your site (bounce) and which pages have the highest conversions you can see where in the customer journey you need to pay attention. How to improve customer satisfaction Once you’ve measured customer satisfaction, you’ll know which areas to focus on. Typically these are the most common processes that cause dissatisfaction: Make the checkout process simple If the checkout process is long and drawn out, users are far more likely to find another site selling a similar product with a much smoother process. If you ask users to create an account, consider doing this after purchase instead of before. Make returns easy Having a clear returns policy will help your business stand out in a crowd. Consider enabling open banking solutions within your eCommerce site. Not only will this provide a quick payment option, but it will help customers receive return payments without much hassle in a quick and timely manner. Make the site easy to navigate Whilst the time spent on sites such as Facebook and Google is around 20 minutes per day, users tend to spend less than one minute (54 seconds) on other sites, so making your site easy to navigate is essential if you want to make the most of those seconds. Make sure a user knows how to find a specific product or service, relevant details are prominent, and navigating to make a payment is clear. It’s important to remember that customer satisfaction isn’t just a one-time thing. You should continuously monitor your site and look for ways to improve your offering.

Nottingham Venues unveiled – new name launches “unrivalled portfolio of meeting & event spaces”

After decades of providing meetings, events and hotel stays, a collection of venues located across the University of Nottingham’s campuses has been rebranded as Nottingham Venues. The rebrand brings the Orchard Hotel, the Jubilee Hotel & Conferences, Hugh Stewart Manor House, Campus Venues (formally known as Nottingham Conferences) and East Midlands Conference Centre under one roof. “These unique venues have always been a part of the University but have now decided to stand alone without a management company due to the wealth of knowledge of the inhouse team,” explains general manager Tom Waldron-Lynch. “We’re talking about ‘One Destination with Endless Possibilities’ because when you look at the offering, that is what truly awaits visitors and guests.” The five venues provide customers with world class sporting facilities, global conferences, exhibitions, award nights or cater for a simpler everyday meeting. Each venue has its own aesthetic, located in peaceful green grounds of the secluded university campus. Tom continues: “The move provides us with the opportunity to take the knowledge and experience gained from the last 10 years and take the business into its next phase. “The unique nature of our offering sets us apart from competitors which has seen us become a firm favourite of organisers of global conferences, team away days, overnight stays, and business meetings. “Being part of the University gives us world-class facilities which has seen us host a variety of sporting teams from premier league football teams to cricket and netball. We are looking forward to growing the business and becoming the number one place in the East Midlands for meetings and events.” Whilst the heritage of the sites is important, it is the future of the organisation as a beacon of sustainability and local employment that is driving the direction and growth of the business, according to marketing director Stephanie Moss-Pearce. “We employ circa 180 people across our sites, and we are proud to be one of the larger employers in the city. We have plans to grow but as we do, we want to make sure we do that sustainably, both in terms of personnel but also with regards to our own impact on the planet “Nottingham Venues will officially launch as a new brand with a garden party event in early July.” What you can experience at Nottingham Venues:
  • Accommodation to suit every budget and need from student halls to four-star bedrooms.
  • Sustainably built buildings, locally sourced food, and electric charging points.
  • Endless food options from banqueting menus, delegate lunches, Bramleys Restaurant and Spokes Café.
The impressive East Midlands Conference Centre holds over 1,000 delegates with its very own AV team, conference theatre, exhibition space, banqueting suite, meeting spaces and networking space. For more information, contact Stephanie Moss-Pearce.

Frasers Group snaps up stake in Australian fashion marketplace

Shirebrook-based Frasers Group has acquired a 28.7% holding in the Australian-based fashion marketplace, MySale plc. MySale connects global buyers and sellers to Australian and New Zealand ecommerce sites. In a statement to the London Stock Exchange, Frasers said: “The group believes this creates an opportunity for a strategic partnership whereby end of line group products can be cleared via an established clearance channel. “This pipeline will be further enhanced by the benefits of counter seasonality between the European and Australian climates.”

Applaud and connect with the region’s property and construction leaders at the East Midlands Bricks Awards 2022

Taking place on Thursday 15 September, at the Trent Bridge Cricket Ground, the East Midlands Bricks Awards 2022, a highlight in the business calendar, will celebrate the region’s property and construction industry while providing a brilliant opportunity to connect with local decision makers over canapés and complimentary drinks. The event, taking place from 4:30pm – 7:30pm, will also feature John Forkin MBE DL, Managing Director at award-winning investment promotion agency Marketing Derby, as keynote speaker, as well as award-winning mind reader, magician, and professional mentalist Looch, who will bewilder and astonish guests during the evening’s networking.

Tickets can now be booked for the awards event – click here to secure yours.

With nominations OPEN for East Midlands Business Link’s annual Bricks Awards, it’s time to submit your entries for the prestigious event – showcase your business, team and projects. Award categories include: most active estate agent, commercial development of the year, responsible business of the year, residential development of the year, developer of the year, deal of the year, architects of the year, excellence in design, sustainable development of the year, contractor of the year, and overall winner. To submit a business or development please click on a category link below or visit this page.
The Overall Winner of the East Midlands Bricks Awards 2022 will also be awarded a year of marketing/publicity worth £20,000. Find out who last year’s winners were here.  
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Up to 170 homes coming to Leicestershire village after successful appeal

A property consultancy has helped a housing developer win an appeal to build up to 170 homes at a site in north Leicestershire after giving detailed evidence at a public inquiry. Fisher German helped David Wilson Homes and Anthony Raymond Shuttlewood win its appeal against Charnwood Borough Council, which initially refused its outline planning application to create up to 170 homes at a site off Cossington Road, Sileby. The Council initially refused permission on its officers’ advice as the site was in an ‘Area of Local Separation’ (ALS) between Sileby and nearby Cossington and that Sileby had already met the target growth as set out in the Council’s Development Plan. However, David Wilson Homes appealed, and its case was bolstered by Fisher German’s expertise in planning matters. Angela Brooks, associate director at Fisher German, was called as an expert planning witness by Paul Tucker QC, acting for David Wilson Homes, at the public inquiry. The presumption in favour of sustainable development was engaged as the council were unable to demonstrate a five-year supply of housing. Angela was able to successfully demonstrate that the any negative effects of the proposed development in terms of character and appearance and the conflict with the development plan were outweighed by the clear benefits. Despite the Council‘s disagreement, she argued that the development was in a sustainable location, would make provision for affordable housing and other infrastructure requirements as well as a significant over provision of open space ensuring that incursion into the ALS was minimised. The Planning Inspector agreed with her submissions and David Wilson Homes’ case and allowed the appeal. Angela said: “This is a fantastic result for David Wilson Homes – we felt its application did not contradict relevant guidelines and that there was a good chance the appeal would be allowed by the Planning Inspector. “While the site was indeed in the ALS, under half of it will be developed with built form, and the separation between Sileby and Cossington would remain. “We’re delighted the Planning Inspector agreed with our submissions and that David Wilson Homes will now be able to deliver much-needed housing in north Leicestershire.” John Reddington, Managing Director at David Wilson Homes East Midlands, said: “Winning the appeal for a new development in Sileby is fantastic news as it brings the delivery of 170 much needed new homes ever closer for Leicestershire property seekers. “The plans for the development include a mix of housing and will form part of a major investment in this part of the county. Our development would also underpin approximately 340 jobs for local people.” The landowner’s strategic development consultant, John Edmond of Silver Fox Development Consultancy, said: “This detailed proposal was an important test of the Council’s Area of Separation Policy. “The Inspector noted that the perceptual reduction in the Area of Separation would be limited to relatively small sections with the area of different routes around the site, while the significant area of public open space proposed would retain a meaningful break in the built form. “It was a great result that will meaningfully assist the Council in its delivery of market and affordable housing. It was a pleasure to work with a great professional team led by Paul Tucker QC.”

BDO names new regional head of audit

Accountancy and business advisory firm BDO has announced a new head of audit in the Midlands. Jon Gilpin will take on the role, which is effective from 1 July 2022, and will lead the region’s 150-strong audit practice as Kyla Bellingall steps into her new position as regional managing partner in the Midlands. Jon joined BDO in 2017 as an audit partner in Birmingham and has worked with ambitious businesses across a range of industries. He has carved out a specialism in the manufacturing sector and has established a voice as a champion of the region’s manufacturers. Jon will oversee the audit practice in its role as leading adviser to the AIM market in the Midlands and the team will continue to focus on working with entrepreneurial mid-market and listed businesses. BDO, which has offices in Birmingham and Nottingham, has experienced strong growth in the Midlands, increasing headcount in the region by 20% in the past 12 months. Underpinning this expansion has been developing specialist teams in the regions with the skills, attributes, and experience to help clients succeed. The firm has just announced a long-term commitment to the Midlands, having invested in a new office in Nottingham city centre in addition to its Birmingham base. Speaking of his appointment, Jon Gilpin said: “In the five years I’ve been with BDO, we’ve seen huge changes in the market as businesses have demonstrated ingenuity and tenacity to overcome new challenges and rethink the way they work. Our own team has also transformed during this period and we’re proud to support so many of the region’s most impressive businesses. “One thing which remains a constant at BDO is our culture, which allows our people to thrive and is the key to the firm’s success. My passion is helping our people and clients succeed and I’m excited about how I can continue to do this in my new role.” Head of BDO in the Midlands, Kyla Bellingall added: “It is fantastic to be able to announce Jon’s new role today as we continue to invest in our people in the region. Businesses face ongoing uncertainty, but our clients have remained resilient and require best-in-class advisers to help them navigate any challenges and unlock opportunities. Jon’s appointment reflects this demand and I look forward to seeing what he goes on to achieve in his role.”

East Midlands business confidence remains positive despite dip

Business confidence in the East Midlands fell two points to 23% in June, according to the latest Business Barometer from Lloyds Bank Commercial Banking. Companies in the East Midlands reported higher confidence in their own business prospects month-on-month, up seven points at 27%. When taken alongside their optimism in the economy, down 11 points to 19%, this gives a headline confidence reading of 23%. East Midlands businesses flagged a range of growth opportunities for the next six months, including evolving their offering with a new product or service (44%), investing in the growth and development of their team (37%) and making their operations more sustainable (28%). The Business Barometer, which questions 1,200 businesses monthly, provides early signals about UK economic trends both regionally and nationwide. A net balance of 16% of businesses in the region expect to increase staffing levels over the next year, up one point on last month. Across the UK, business confidence fell 10 points during June to 28%. Firms’ optimism in the economy dropped 12 points to 21%, while their outlook on future trading prospects was down eight points, at 34%. The net balance of businesses planning to create new jobs also decreased, by nine points, to 28%. Every UK region and nation reported positive confidence readings in June. However, all except the East of England (up 17 points to 31%) recorded a lower reading than last month. London (down 28 points to 35%), the West Midlands (down 23 points to 30%) and Scotland (down 15 points to 27%) reported the largest decreases month-on-month, with the North West (down two points to 42%) now the most optimistic region overall. Dave Atkinson, regional director for the East Midlands at Lloyds Bank Commercial Banking, said: “Despite the challenges businesses face, confidence across the East Midlands remains robust and the outlook positive. Firms are looking to innovate, develop skills, and make their operations more sustainable, highlighting their confidence to invest in mid-to-long-term growth opportunities. “Businesses should explore different support options as they pursue these new growth opportunities. For example, the focus on sustainability has grown since last month and I expect this trend will continue as we head towards our Net Zero goals. Using tools like our Clean Growth Finance Initiative could help businesses introduce more energy-efficient measures and create a more sustainable way of operating. We’ll be by the side of businesses across the region as they explore these options and look forward to a more positive future.” Confidence among businesses in the manufacturing and construction sectors fell, bringing them close to the UK all-sector average, at 32% and 30% respectively, reflecting lower optimism in the economy. Service sector confidence declined to its lowest in a year, at 25%, showing weaknesses in hospitality, though offset by stronger confidence in business services. Confidence in retail businesses edged up this month four points from 27% to 31%.

Hann-Ju Ho, senior economist, Lloyds Bank Commercial Banking, said: “Business confidence declined this month, suggesting that the momentum for growth is moderating. Firms remain broadly positive but face several challenges ahead, including concerns around higher costs and slowing demand. If these trends continue, businesses may have less scope to pass on higher costs to support their margins.”

Double appointments for Derbyshire construction firm

Following a series of new contract wins, Derbyshire building specialists, Enrok Construction, has further expanded its team with two new hires.

Dean Johnston joined the team in May as a site manager in Nottingham with assistant quantity surveyor, Charlie O’Grady, who will work across Enrok’s projects nationwide. Originally from a bricklaying background and with over 30 years’ experience in the construction industry, Dean has a particular interest and passion for restoration and refurbishment. His previous projects have included renovating the French Consulate into luxury apartments and turning Stanley House in Nottingham into 100+ student flats.
Dean Johnston
His new role as site manager at Enrok will see him responsible for the restoration of a building situated in a conservation area of Nottingham, converting it into one and two bed residential apartments. Dean says: “I’ve worked on projects in Nottingham for many years, so have a good knowledge of the local area. I love bringing buildings back to life. Too much is demolished when it could be carefully and sympathetically restored instead. Enrok understand that you are only as good as the team around you, so it’s a pleasure to be part of a firm that wants to create great work.” As assistant quantity surveyor, Charlie will be working within Enrok’s commercial team while the firm supports him with completing his degree in Quantity Surveying and Commercial Management at Wolverhampton University. Jordan Mallisch, director at Enrok Construction, says: “Dean has a real passion for restoration and loves bringing disused and unloved buildings back to their former glory. We’re really pleased he’s joined us. He’s a real team player and his values and work style fit perfectly with our mission to build high quality homes with intricate design, charm and excellent workmanship. “Charlie also impressed us from the outset with his eagerness to learn and passion for all things construction. He is very professional and happy to take on responsibilities and new challenges. He really enjoys mixing time on site with time behind the screen, crunching numbers, which we are sure will stand him in good stead for his future construction career.” The two new hires come on the back of internal promotions earlier in the year, with Simon Bennett MCIOB taking up the position of operations director and Charlotte Holyhead becoming commercial manager as the business sees continued growth in the first half of 2022.

Leicester City Council welcomes new director of inward investment and place marketing

Leicester City Council has appointed Mike Denby as director of inward investment and place marketing. With full responsibility for inward investment and place marketing activities for Leicester and Leicestershire, Mike will play a key role in the regeneration of commercial development sites across the city and county, attracting investment from new to area businesses and creating employment for local residents. Mike will also be instrumental in the external promotion of the city as a leading tourism destination, building on the work of Visit and Meet Leicester. With over nineteen years of marketing experience and a decade working as the lead for inward investment for Wakefield City, Mike brings with him a strong skill set and an excellent reputation for relationship building with developers and key partners. Mike joins at a key point in Leicester’s place shaping agenda and will bring a wealth of experience, having previously led teams to secure funding valued up to £44m to assist with the development of commercial sites and oversaw the build of Wakefield’s first innovation centre. Mike also has previous experience in developing policy to stimulate carbon reduction, encourage strategic investment and increase business start-ups Commenting on the appointment, Mike Denby said: “The transformation of Leicester has been significant over recent years, thanks to a strong public and private collaboration. “The recent regeneration and promotion of our city and county is a great example of how meaningful, sustainable change can be delivered for our residents and local businesses. “I look forward to further raising the profile of this great city and county, both nationally and internationally as a destination that is open for business.”

Cawarden honoured with family business award

Derby-based Specialist Contractor, Cawarden, has received a major award at an awards ceremony that celebrates the UK family business sector. Cawarden was announced as the Midlands and Central Family Business of the Year by Rob Davies, senior affiliate at BanyanGlobal. They also came runner-up in the Property & Construction Family Business of the Year and Midlands & Central People’s Choice Family Business of the Year. The awards took place in an online premiere airing on YouTube which brought the British family business community together to celebrate the very best of the sector. Businesses were judged against criteria including the roles family members play in the day-to-day running of the business, family values and the positive impact delivered to the wider community through philanthropic activities. William Crooks, Cawarden Managing Director, said: “It’s fantastic to be chosen as the Midlands and Central Family Business of the Year winner as well as being a runner up in two other categories. It means so much to my whole family and the wider Cawarden Family. We hope our family business serves as an inspiration to other family businesses out there. “This award is a testament to everyone’s hard work and I’m delighted by our success. We will be able to look back on this achievement with immense pride and it will form a wonderful milestone in our rich heritage which all started from very humble beginnings. A huge thank you and well done to the entire Cawarden team – our award success would not have been possible without you!” Paul Andrews, founder & CEO, FBU, adds: “Cawarden is a fabulous family business with purpose and values at its core. The judges were really impressed with their submission and the journey that they have been on as a family and as a business. There is a real ethos of ‘family’ throughout the business and a real purpose to excel at what they do. “This is a pioneering family firm that is recognised as a leader in their sector and the fact that multiple generations of families have worked in the business speaks volumes for the culture that has been created and the way that they look after their staff. Cawarden has come a long way and continues to strive to do more, driving excellence through investment and improvement and are worthy winners of this award.” The Family Business of the Year Awards were created by Family Business United (FBU) to celebrate the UK family business sector, to recognise the diversity of family firms across the country and to celebrate the contribution that they make.

Carlsberg fined £3m following ammonia gas leak in Northampton

Carlsberg has been fined £3 million after a contractor died and another was seriously injured following an ammonia gas leak at one of its breweries. The incident happened at Carlsberg’s site in Northampton. An investigation by the Health and Safety Executive (HSE) found Carlsberg hadn’t put proper controls in place. David Chandler, 45, was killed and David Beak, now 57, was seriously injured. David Chandler was a father of two, from Bridge North, Shropshire. His family said they welcomed the end of the case against Carlsberg and hoped no other families would have to suffer as they have. Birmingham Crown Court heard that at its Northampton brewery Carlsberg had failed to put in place appropriate isolation controls to prevent exposure to ammonia before work started to remove a compressor from a refrigeration system. The Principal Contractor for the project was Crowley Carbon UK Ltd, which had appointed numerous contractors to assist in the works. On 9 November 2016 while the compressor was being removed, there was a large, uncontrolled release of ammonia. David Chandler and David Beak were both employees of sub-contractor Speedrite NE Ltd. Twenty people needed hospital checks after showing symptoms of ammonia exposure. It was several days before the leak was contained and gas levels dropped to a safe level. David Beak, of Failsworth in Oldham, was seriously injured. Carlsberg Supply Company UK Ltd, who were summonsed under their new company name of Carlsberg Marston’s Brewing Company, pleaded guilty to charges under Section 2(1) and Section 3(1) of the Health and Safety at Work etc. Act 1974, and Regulation 3(1) of the Management of Health and Safety at Work Regulations 1999. The company was fined £3 million with costs of £90,000. Mr Chandler’s family, in a statement, said: “We welcome the conclusion of the prosecution case against Carlsberg UK Supply Company Ltd following the death of David five and half years ago. “As a family we will never fully accept the death of David in such tragic but preventable circumstances and the legal process involved has been emotionally exhausting as well as frustrating given the length of time which has lapsed since the accident. “We are pleased that improvements have been made at Carlsberg’s site in Northampton which will hopefully ensure no other families suffer the anguish we have endured since November 2016 when the failings at the brewery resulted in the deadly release of ammonia gas which caused David’s death. “David was a loving husband, adoring Daddy and much-loved brother and Uncle. We are devastated that his young family will not be able to share their lives with him as they grow. He was a larger-than-life character whose loss has left a massive void nothing can replace. “There have already been so many special and precious moments which David has missed out on and the fact that there will continue to be some many more as his daughters grow into young ladies breaks all our hearts daily. He is missed every day, and our lives will not ever be the same without him.” HSE principal inspector Samantha Wells said: “Industry guidance on safe isolation of plant should have been followed. This would have ensured that a higher level of isolation was in place, for prevention of exposure to this highly toxic and flammable substance. “Both the client, Carlsberg, and the Principal Contractor should have worked together to ensure that the risk was adequately managed. Not only Carlsberg had a duty here. There was also a very clear duty on the Principal Contractor. “This underlines the dangers of not following industry guidance when working with toxic and flammable substances – HSE will take action against all who fail to ensure the safety of employees and others who may be exposed to danger. “Projects involving multiple contractors require effective management arrangements, so it’s clear who is responsible for every part of the work and that safety checks are carried out before allowing work to start.” The Health and Safety Executive also brought a case against Crowley Carbon Ltd in relation to the incident which led to the death of Mr Chandler and the injuries to Mr Beak, which were also due to be tried but for the company being placed into compulsory administration by creditors.

Sale of Boots taken off the table

Walgreens Boots Alliance (WBA) has decided to keep Boots under its existing ownership, marking the conclusion of a review that began in January and saw multibillion pound bids put forward for the company. WBA said that while it has been encouraged by productive discussions held with a range of parties, receiving significant interest from prospective buyers, since launching the process, the global financial markets have suffered unexpected and dramatic change. As a result of market instability severely impacting financing availability, no third party has been able to make an offer that adequately reflects the high potential value of Boots. WBA has therefore decided that it is in the best interests of shareholders to keep focusing on the further growth and profitability of the business. The decision to retain the business has also been supported, according to WBA, by ongoing strong performance and growth, which have exceeded expectations despite challenging conditions.

Rolls-Royce enters the hydrogen production market and acquires majority stake in electrolysis stack specialist

Rolls-Royce is entering the hydrogen production market and acquiring a 54% majority stake in electrolysis stack specialist Hoeller Electrolyzer, whose innovative technology will form the basis of a new range of mtu electrolyzer products from its Power Systems division. Hoeller Electrolyzer, based in Wismar, Germany, is an early-stage technology company that is developing highly efficient polymer electrolyte membrane (PEM) stacks, under the brand name Prometheus, for the cost-effective production of hydrogen. Hydrogen is an increasingly attractive power source to fuel the green energy transition and demand for ‘green’ hydrogen – whose production creates no CO2 – is expected to rise significantly. It is needed for fuel cells and hydrogen engines, for the production of synthetic ‘drop-in’ fuels and for industrial processes that currently use hydrogen that is not created in a carbon neutral process. Consequently, high-performance electrolyzers are a key component of any hydrogen system. Dr. Otto Preiss, COO and chief technology officer, Rolls-Royce Power Systems, said: “By developing our own mtu electrolyzers and by taking a majority stake in Hoeller Electrolyzers, we are methodically growing our hydrogen portfolio and securing access to this fascinating technology, which is not a pipe dream but has great market potential. “This will enable us to supply complete hydrogen solutions and make a significant contribution to protecting the climate. Our complete hydrogen solutions will enable customers to store renewably produced energy in the form of hydrogen for use as and when required, or for further processing or onward sale.” In hydrogen electrolysis, water is subjected to DC electrical current, producing hydrogen at the negative pole and oxygen at the positive pole. In this way, it is possible to produce carbon-neutral hydrogen by using electricity from renewable sources such as solar or wind. The electrochemical reaction takes place in a cell between plate-shaped electrodes separated by membranes. Hundreds of cells located one above the other and pressed together form a ‘stack’, the heart of an electrolyzer. Founded in 2016, Hoeller Electrolyzer has positioned itself, with Prometheus, as one of the few highly specialized expert players in the field of high-efficiency PEM electrolysis stacks. Its founder, Stefan Höller, has more than a quarter of a century’s experience of developing electrolysis technology and has already registered 14 patents connected with Prometheus. Particularly high efficiency is promised by special surface technologies for the bipolar plates which significantly reduce the use of expensive precious metals platinum and iridium as catalysts, as well as increased output pressure. Stefan Höller, Managing Director, Hoeller Electrolyzer, said: “Our stack is going to produce hydrogen at a price not previously thought possible.” Rolls-Royce and Hoeller Electrolyzer say they are united by a shared belief in the opportunity of zero-carbon energy – both for power supply and the propulsion of heavy vehicles. With decades of experience and systems expertise, Rolls-Royce is going to develop a complete electrolyzer system and has a global sales and service network, which opens up the potential for significant worldwide sales. Matthias Kramer, CFO and joint Managing Director, Hoeller Electrolyzer, said: “In Rolls-Royce, not only have we found an important customer for our stacks, we’ve also secured an ideal partner and supporter who shares our vision of putting stacks into full production.” Development work on the first mtu electrolyzer using a stack from Hoeller Electrolyzer is already underway. The equity in Hoeller Electrolyzer now held by Rolls-Royce comes from departing minority shareholders and from an increase in share capital. Financial details of the transaction are not being disclosed. Stefan Höller and Matthias Kramer will continue to lead Hoeller Electrolyzer as a standalone company, with the goal of building a leading international stack manufacturer.