Chesterfield skills partnership appoints new chair
Honey secures approval for 275-unit housing development in Derbyshire
Housebuilder Honey has received planning approval for a 275-home residential scheme in Duckmanton, Derbyshire. Chesterfield Borough Council granted permission for the £79.5m development, which will be constructed on a 41-acre site off Tom Lane.
The scheme, branded ‘Pearl’, will feature a mix of two- to five-bedroom homes, including terraced, semi-detached, and detached units. Construction is scheduled to begin this summer, with the first phase of homes expected to be released for sale in autumn 2025. Starting prices will begin at just under £230,000.
This marks one of the largest schemes to date for Honey, which was founded in 2022 by Mark Mitchell following his exit from Avant Homes. Private equity firm Alchemy Partners backs the company via its Special Opportunities Fund IV, which holds £937m in committed capital.
The business has rapidly expanded by recruiting former Avant Homes staff and recently announced the launch of a new partnerships division. Honey continues to focus on delivering design-focused housing that aligns with demand from first-time buyers, families, and downsizers.
UK defence review unlocks major investment in industry and supply chain
The UK Government’s Strategic Defence Review is set to trigger a multibillion-pound wave of investment across the country’s defence sector, with a strong emphasis on industrial capacity, digital modernisation and workforce development.
At the core of the plan is the expansion of the UK’s submarine fleet, with a commitment to build 12 new attack submarines. This is expected to significantly bolster the country’s submarine-building capabilities and sustain 30,000 specialist jobs into the next decade. The move aligns with the government’s broader commitment to its warhead programme, which has already received £15 billion in funding and will see further modernisation at the Atomic Weapons Establishment in Aldermaston.
The review outlines a national shift toward “warfighting readiness,” including expanded stockpiles of arms and critical equipment. Over the next ten years, 30,000 apprenticeships and 14,000 graduate roles will be created to meet long-term workforce demands in engineering, manufacturing and defence technology.
Cyber operations are set to undergo a significant transformation with the establishment of a new Cyber and Electromagnetic Command, designed to position the UK at the forefront of digital warfare. In parallel, over £1 billion will be invested in a new Digital Targeting Web—an initiative intended to enhance battlefield decision-making, intelligence and targeting through AI and integrated systems, informed by recent lessons from Ukraine.
The government also plans to procure up to 7,000 UK-built long-range weapons and construct at least six new munitions and energetics factories to reinforce domestic production capacity. However, locations have not yet been disclosed.
Defence spending continues to play a key role in regional economies. In 2023/24, the Ministry of Defence spent £28.8 billion with UK industry. The South West and South East saw the highest allocations, with £6.9 billion and £7.1 billion respectively. The South West led in per-capita terms, with £1,190 per person and 1,550 defence jobs per 100,000 residents. The region is home to major employers such as Babcock International, which operates from over 60 sites including Devonport and Filton, and Rolls-Royce’s Bristol site, where engines are built for the Eurofighter Typhoon and F-35 aircraft.
The review marks the first time the government has published a complete outline of its long-term defence investment strategy, signalling sustained demand for skilled talent, manufacturing capacity, and digital innovation across the sector.
Winvic appointed to commence construction at £200m Towcester employment park

Raise your business’s profile at the East Midlands Bricks Awards 2025
- Contractor of the Year
- Developer of the Year
- Architects of the Year
- Most Active Agent
- Deal of the Year
- Residential Development of the Year
- Sustainable Development of the Year
- Commercial Development of the Year
- Excellence in Design
- Responsible Business of the Year
- Overall Winner
Nominations will close on Friday 15th August.
Supporting imagery, video, documents, or links to these, can be sent to bricks@blmgroup.co.uk. Video nomination pitches are also welcome as an alternative or companion to written entries.The East Midlands Bricks Awards 2025
What: The East Midlands Bricks Awards 2025 When: Thursday 2nd October (4.30pm – 7.30pm) Where: Derek Randall Suite, Trent Bridge Cricket Ground, Nottingham Keynote speaker: Councillor Nadine Peatfield – Leader of Derby City Council, Cabinet Member for City Centre, Regeneration, Strategy and Policy, and Deputy Mayor of the East Midlands Tickets: Available here Dress code: Standard business attire Thanks to our sponsors:








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Q&A with Paul Ince: Why the sales funnel is dead — and what’s replacing it
Dains expands national presence with fresh acquisition
Manufacturing contraction eases but headwinds persist
UK manufacturing activity contracted for the eighth consecutive month in May, but the pace of decline slowed slightly, according to the latest S&P Global Purchasing Managers’ Index (PMI). The index rose to 46.4 in May from 45.4 in April, indicating continued sector shrinkage below the neutral 50 threshold.
Firms reported falling output and new business as both domestic and overseas demand remained subdued. New orders declined for the eighth consecutive month, with clients reportedly hesitant to commit to spending amid higher employment-related costs and economic uncertainty.
The rise in the National Living Wage and increased employer National Insurance contributions, introduced in April, have added pressure to margins. The National Living Wage rose by 6.7% to £12.21 per hour, while employer NI contributions increased to 15% for salaries above £5,100.
Manufacturers also pointed to ongoing challenges with tariffs and freight costs, energy price volatility, and extended supplier lead times. Export demand weakened further due to continued global trade uncertainty and pricing pressures.
Despite these challenges, input price inflation eased to a five-month low, and some firms benefited from improved weather-related sales. However, the overall environment remains fragile, with limited signs of a near-term rebound.
East Midlands backs green tech innovation with first round of business grants
The East Midlands Investment Zone (EMIZ) has completed its first year by awarding over £500,000 in funding to 15 pilot projects aimed at accelerating the commercialisation of low-emission technologies. The initiative is part of a £160 million, ten-year commitment from the UK Government to position the region as a national leader in innovation-led, clean growth.
These “fast start” projects pair businesses with academic researchers from the University of Nottingham, University of Derby, and Nottingham Trent University. The partnerships are focused on four strategic sectors: zero-emission propulsion, clean energy, green construction, and sustainable advanced manufacturing. These sectors were selected based on the East Midlands’ existing industrial strengths, research expertise, and relevance to emerging clean technology markets.
The grant programme has a broad regional footprint, with more than half of the funded businesses located outside of Nottingham and Derby. Projects include hydrogen fuel cell applications for rail transport, AI-enhanced digital twins for industrial maintenance, rail-based vibration energy harvesting, and lightweight power converters for electric propulsion systems.
Alongside the grants, sector-specific technology roadmaps are being developed to identify the region’s competitive advantages and shape future investments. Led by the University of Nottingham in collaboration with industry specialists, these roadmaps are expected to be published in summer 2025 and will help guide the allocation of subsequent EMIZ funding.
EMIZ operates under the East Midlands Combined County Authority and sits into a broader suite of regional growth initiatives, including the East Midlands Freeport and the upcoming Local Growth Plan. The programme combines direct financial support with incentives such as tax relief and business rate retention to encourage the development of commercially viable, net-zero-aligned technologies.
Custodian REIT secures regional portfolio in all-share deal
Custodian Property Income REIT has expanded its portfolio through the £22 million acquisition of Merlin Properties, a family-owned investment firm. The deal, completed entirely in shares, adds 28 regional assets valued at £19.4 million and approximately £2.7 million in residential stock.
The assets are primarily located in the East Midlands and comprise a mix of office, high-street retail, and retail park properties. The commercial portfolio, with an average asset value of £700,000, generates annual rental income of around £1.7 million. The residential units (newly built and not income-producing) are expected to be sold in the near term.
To complete the acquisition, Custodian issued 22.9 million new shares to Merlin shareholders, with a further 1.7 million shares to be issued once the final accounts are agreed. These shares will represent roughly 5.6% of Custodian’s enlarged share capital.
This transaction reflects Custodian’s strategy to scale via portfolio or corporate acquisitions, offering liquidity and tax efficiency to private property owners while consolidating regional assets under a listed structure. The move may serve as a model for future deals with family-owned property firms facing generational transitions or capital gains considerations.
Leicester accelerates regeneration with Waterside housing investment
Leicester City Council will retain a block of new-build apartments from the Waterside regeneration scheme to serve as temporary accommodation for homeless families. The eight two-bedroom flats, known as Lambert House, are part of the wider Waterside project, a £80 million-plus initiative being developed in partnership with Keepmoat Homes.
The mixed-use development comprises more than 350 homes, with over 200 already complete, alongside new public spaces on former industrial land adjacent to the Grand Union Canal. Additional phases are underway, with 34 homes on Soar Island scheduled for completion by year-end and 53 more properties to follow in the Canal Frontage phase by 2026. A separate specialist care facility, delivered by a third-party provider, is also expected to break ground later this year.
Four commercial units are planned within the scheme, positioning the project as a key component in Leicester’s strategy to revitalise disused industrial zones into liveable, mixed-use communities. The redevelopment has also included infrastructure upgrades, such as the refurbishment of the Soar Lane bridge, which improves connectivity across the site.
The council’s decision to allocate Lambert House for temporary accommodation supports its broader goal of delivering 1,500 new social or supported housing units by 2027, addressing the city’s rising levels of homelessness.
Rotherhill acquires Alfreton industrial investment
Geary’s Bakery unveils £36m Leicester factory
Established funeral director expands with Swadlincote site
Loughborough College wins sustainability award for pioneering green education project
- £6.5 million secured from the IoT Innovation Fund to support green skills development.
- A curriculum driven by Environmental, Social, and Governance (ESG) principles.
- Plans to train 2,000 students by 2027 in clean energy and digital sectors.
- Strong partnerships with leading businesses in construction, energy, and manufacturing.
Solar farm approved near M1 services in Northamptonshire
A new solar development has been approved for an 18-acre site near the M1 Watford Gap services, positioning it close to key transport infrastructure and existing warehousing.
The site, located near the A5 corridor and adjacent to operational wind turbines, will host over 15,000 solar panels. Once operational, the array is expected to generate up to 6 megawatts of renewable electricity, sufficient to supply approximately 2,100 homes.
West Northamptonshire Council’s strategic planning committee approved the proposal without objections. The visual impact was deemed minimal due to the surrounding industrial landscape.
The site, previously used for livestock grazing, will continue to support sheep alongside the solar infrastructure, integrating renewable energy generation with agricultural use.
The project adds to the region’s growing portfolio of onshore renewable energy assets, contributing to the UK’s broader decarbonisation targets and domestic energy production.
Electrical engineering giant moves into new 100,000 sq ft facility at Fairham Business Park
17,000 East Midlands jobs at risk as family businesses respond to inheritance tax change
- Over 60% of businesses anticipate reducing investment by more than 20%, with average investment declines of 15.8% (APR) and 15.5% (BPR).
- Around a quarter (23%) have reduced headcount due to BPR and APR changes.
- Business restructuring is a growing concern: Around 1 in 5 are considering downsizing under both BPR and APR, with up to 12% contemplating a sale.
- Reduced community support: 15% (BPR) and 12% (APR) of businesses have cut charitable donations or community activities, which will impact vital local initiatives.
- 208,500 jobs losses from family businesses and across their supply chains
- £14.86 billion less economic activity (GVA) – almost equivalent to the value of UK motor vehicle manufacturing (£15.7bn GVA)
- a £1.87 billion net fiscal loss to government
Silverstone Soccer sees splendid support
Nottingham College opens £250k green skills training hub
Nottingham College has launched a £250,000 Green Skills Centre at its Basford campus, aiming to address regional skills shortages in construction and renewable energy. The facility, located within the Nottingham Sustainability Enterprise Centre, features live training bays for technologies such as solar PV, battery storage, air source heat pumps, EV charging systems, and solar thermal solutions.
The new centre expands the college’s existing green skills training provision, complementing its Gas Centre and EV technology courses, which are delivered across its campuses. It is expected to support the UK’s wider net-zero transition by preparing learners with practical experience in low-carbon technologies.
Developed with input from industry partners including Quantum Training, the centre is part of a broader strategy to meet rising demand for green talent across sectors such as construction, engineering, and energy. It also aligns with government housing targets and carbon reduction commitments.
The investment supports a growing need for workforce development as employers seek candidates equipped with green skills in both new builds and retrofit projects. The college’s initiative positions it as a regional contributor to the upskilling efforts needed for the UK’s low-carbon transition.