PEAK gateway resort breaks ground
Sixth new recruit for Link ICT
Sales grow at Dunelm
Dunelm Group, the Leicester-headquartered homewares retailer, has seen a rise in second quarter sales.
According to a trading update for the 13-week period ended 28 December 2024, sales grew by 1.6% to £490m, in a challenging market.
It sees first half sales reach £894m, a 2.4% increase, with the business’s furniture categories performing particularly well. “We are pleased with this solid performance in a market which remained volatile,” Dunelm shared.
Nick Wilkinson, Chief Executive Officer, said: “We’re pleased with our performance in the first half; we are growing sales and volume, with customers again responding well to the value and choice we offer across our ranges.
“At the same time, we’ve made significant strategic progress across multiple initiatives which are helping us to improve our attractive, specialist offer and continue to gain market share. We have taken our first steps outside the UK with the acquisition of 13 stores in Ireland, opened our first inner London store in Westfield, and made further improvements to our online customer experience which is contributing to continued strong digital growth.
“As we move into the second half of FY25, we have successfully launched our Winter Sale which is being well received by customers seeking amazing value across a wide choice of relevant products for the colder months. As we navigate this challenging environment, we see even more opportunities to harness our unique business model, raise the bar on our proposition and fulfil our ambitions as The Home of Homes.”
Revenue slips at Ibstock in challenging year for construction markets
Full year revenues at the company are expected to have decreased by 10% to approximately £365 million, in comparison to £406 million in 2023. The decline comes in hand with 2024 being a challenging year for UK construction markets, with total UK brick deliveries expected to be over 30% below the 2.5 billion recorded in 2022.
Ibstock highlighted a progressive improvement in sales volumes across the second half of 2024, with revenues in H2 2024 being 3% ahead of the prior year period and 6% ahead of H1 2024.
Adjusted EBITDA for 2024 is expected to be approximately £79 million.
Joe Hudson, CEO of Ibstock PLC, said: “We are pleased to have delivered a resilient performance, consistent with the guidance we gave at the half year, in a market where revenues continued to be impacted by subdued activity levels.
“This result reflects our active management of capacity and cost, continued disciplined pricing and a progressive improvement in demand across the second half, as expected.
“Looking to 2025, we expect a further improvement in market volumes to build through the year. We made good strategic progress during 2024 to add efficient and sustainable new capacity to our network and we will continue to bring capacity back into production selectively to support our customers.
“We see a significant opportunity for a new era in housebuilding in the UK and with the investments we have made and our market leadership positions, the Group remains well placed to support this over the medium term.”
Heritage Fund supports final phase of museum transformation project
Fusion energy development gets £410m investment
“I am delighted the government is committed to this investment in the East Midlands and look forward to working together to kickstart a green industrial revolutions, creating skilled jobs in our former coal mining communities.”
Five construction and engineering bids have progressed to the next round of the UKIFS competition to deliver the prototype fusion energy plant by 2040, driving progress towards the commercialisation of fusion in the UK to supply families and businesses with secure, clean and unlimited energy.
Professor Sir Ian Chapman, UK Atomic Energy Authority (UKAEA) CEO, said: “I am delighted by the strong support from government to delivering fusion as a safe, sustainable energy of the future, and to anchor this exciting new industry in the UK.”Office building let at The Triangle
2025 Business Predictions: David Roberts, owner and founder of JDR Group
Nottingham team acts on major petrol stations purchase
UK economy returns to growth
Plans to revitalise Boston’s Rosegarth Square take step forward with Crown House redevelopment approval
The planning application for the redevelopment of Boston’s Crown House has been approved. This mixed-use building will be a prominent part of the Rosegarth Square area.
The Crown House development will see a new mixed-use building featuring retail units on the ground floor and apartments on the remaining two storeys above. The scheme will also be enhanced with landscaping, parking and cycle storage to complement the overall Rosegarth Square masterplan, as well as relocating the current toilets and Changing Place into the new building. The scheme aims to transform Rosegarth Square as a thriving community space. It will provide the opportunity for the retail units to offer outside dining as well as the wider area being used by family and friends to meet up and enjoy this part of the town. The changes to the area will also enable quick and easy access to both the bus and train stations and become the gateway to the heart of Boston. This project is a significant part of the Rosegarth Square transformation. With planning permission and demolition notices, Boston Borough Council can now start with the next steps of this project.Nottinghamshire’s DEA Aviation secures new multi-million pound finance package
DEA Aviation, a specialised aerial data-acquisition company based in Nottinghamshire, has secured a multi-million pound finance package with Santander UK, supported by UK Export Finance (UKEF).
Natural energy snack brand raises £2.4m to fuel growth
State-of-the-art storage facility completed for Rolls-Royce in Derby
Affordable housing development site acquired in Langley Mill
Founder of Leicester sustainable travel consultancy appointed to board of Modeshift
Topping out held at new local centre in Leicestershire
Land sold for new Coalville care home
Optimising logistics: how technology is transforming fleet management
The impact of technology on logistics efficiency
Technological advancements are revolutionising the logistics industry by automating processes that were once time-consuming and manual. Automated systems empower businesses to manage shipments and inventory more effectively. For example, automated route optimisation tools enable the creation of the most efficient delivery routes, factoring in variables such as traffic patterns and delivery schedules. This enhances the speed of deliveries and reduces fuel costs, thus boosting overall operational efficiency. A GPS fleet tracking system further enhances logistics efficiency by providing real-time location data for vehicles, allowing companies to optimise their fleet’s performance. Predictive analytics plays a crucial role in logistics management by analysing historical data to forecast demand accurately. This capability enables businesses to optimise inventory levels and plan for fluctuations in supply and demand. By taking a proactive approach, companies can reduce waste, improve service levels, and enhance customer satisfaction. These technologies contribute to operational efficiency while providing valuable insights that inform strategic decision-making.Enhancing compliance and safety through technological solutions
Adhering to regulatory requirements is an essential part of logistics management. By using compliance tools, businesses can effectively meet local and international regulations, avoiding fines and operational interruptions. Automating compliance reporting simplifies this process, ensuring companies maintain necessary documentation and consistently track safety standards without errors. Additionally, technology has enhanced safety measures within logistics operations. Software solutions that offer vehicle inspection features enable detailed assessments and maintenance management. By proactively conducting inspections and staying on top of maintenance schedules, businesses can prevent breakdowns and accidents, ensuring the safety of drivers and cargo. Driver monitoring systems contribute significantly to safety as well. These technologies track driver behaviour, such as speeding and harsh braking, providing opportunities for coaching and improvement. Prioritising safety protects assets, mitigates liability, and enhances a company’s reputation in the market.The role of real-time data in logistics decision-making
Real-time data access is a transformative element of modern logistics management. Connected devices allow companies to monitor operations continuously, gaining insights into delivery statuses, vehicle conditions, and driver performance. This capability enables businesses to make informed decisions quickly, addressing issues as they arise and ensuring smooth operations. Visibility is vital in logistics. Real-time tracking enhances supply chain transparency, enabling companies to address traffic delays or maintenance disruptions quickly. This responsiveness reduces losses and builds trust with customers who rely on timely, dependable service. Utilising data analytics alongside real-time information provides a comprehensive view of operations. Businesses can identify trends and uncover inefficiencies, making data-driven decisions that enhance logistics processes. This analytical approach fosters a proactive mindset, empowering businesses to anticipate challenges rather than merely react to them.Streamlining supply chains with integrated technologies
Integrating technology solutions into a cohesive logistics strategy can significantly streamline supply chains. Connecting different systems creates a seamless flow of information that enhances communication and collaboration among stakeholders. An integrated approach ensures that everyone, from suppliers to customers, has access to the same data, fostering transparency and trust. Collaboration tools enable improved communication among all parties in the logistics process. When suppliers, manufacturers, and distributors share real-time information, they can coordinate more effectively, reducing delays and misunderstandings. This cooperative method is particularly important during disruptions, where quick adjustments are essential to maintain service levels. Incorporating machine learning into logistics systems can further enhance decision-making. Algorithms can analyse historical data and predict outcomes, assisting businesses in identifying the best course of action in various scenarios. This increases operational efficiency and allows companies to respond proactively to market changes.Implementing technology solutions: best practices for local businesses
For businesses in the East Midlands seeking to optimise their logistics operations, implementing technology solutions effectively is crucial. Conducting a thorough assessment of current processes helps identify areas for improvement. Engaging with technology partners that offer tailored solutions can pinpoint the best tools to suit specific business needs. Training staff to adapt to new technologies is equally important. Ensuring employees understand the benefits and functionality of new systems fosters a culture of innovation and efficiency. Regular training sessions and feedback loops help organisations refine their approach and adapt to new challenges as they arise. Phased implementation of technology can facilitate a smoother transition. Starting with pilot projects allows companies to test new systems on a smaller scale before a full rollout. This method helps identify potential issues and adjust strategies accordingly, minimising disruptions to ongoing operations. Monitoring the performance of newly implemented technology is essential for continuous improvement. Regular assessment measures the effectiveness of solutions, allowing businesses to make data-driven adjustments as needed. By evaluating technology performance routinely, companies can ensure they maximise the benefits such tools offer.Gateley CEO “pleased” with half year results as revenue and profit rise
The CEO of Gateley, the professional services group, has said he is “pleased” with the acquisitive firm’s half year results.
For the six months ended 31 October 2024, group revenue grew to £86.3m, up from £82m in the same period of the year prior. Meanwhile, group underlying profit before tax rose to £10.6m, up from £10m. The results saw growth in legal services revenue (2.1%) overshadowed by revenue from consultancy services, which grew 13.6%.Rod Waldie, Chief Executive Officer of Gateley, said: “I am pleased with the Group’s performance in H1 25.
“The Group continues to benefit from the resilience created by our strategy of investing in a diverse and complementary range of professional services. We are pleased that our more recent organic investments are beginning to generate positive returns alongside the strong performance from our recently acquired businesses.
“Our balance sheet provides a strong foundation from which to take a long-term view of potential opportunities to further invest in both legal and consultancy services.
“Finally, as always, I would like to thank our clients for their support and our dedicated people for their ongoing hard work, commitment and can-do attitude.”