Monday, November 3, 2025

Postcards light up Diwali for thousands in Leicester

Thousands of people in Leicester will receive unique Diwali postcards through their letterboxes this week, sharing stories of people’s experience of the Festival of Lights – a major part of the city’s cultural calendar for more than 40 years. Over 10,000 homes will receive the postcards tomorrow (16 October), which form part of We Bring Light: Leicester’s Diwali Legacy, an anniversary research project set up to celebrate an event that is central to the identities of the South Asian community. Supported by fintech company Marshmallow, the two-year project has been driven by the city arts organisation Inspirate, whose executive director, Jiten Anand, grew up in the Belgrave community – the traditional heart of Leicester’s Diwali celebrations. It comes at a time when support for the festival in Leicester has been reduced due to funding constraints at Leicester City Council, which last year withdrew its financial backing for the long established Diwali lights switch-on event. Jiten said: “Generations have celebrated the Diwali lights switch-on and we are here to honour their story. We want to bring hope and light to the people of Leicester and the rest of the world. “The legacy of what Diwali festival has brought to the local, national and global South Asian diaspora will always continue. Hopefully, our project can add to that story – we’re an arts organisation telling the story of the city’s heritage and want to do what we can to keep Diwali alive.” Specially designed by artist Sharonjit Sutton, the Diwali postcards are one of five elements of the We Bring Light: Leicester’s Diwali Legacy project. They are also the culmination of two years of work by lead researcher Malini Chakrabarty, who spoke to generations of people in the city’s South Asian communities about their lives and experiences. Alongside the postcards reaching thousands of homes, the project also includes a short documentary film created by film maker Kieran Vyas, a website designed by Sharonjit Sutton, a display of glowing Diwali lanterns designed and crafted by children in local schools, and a mural on Belgrave Road created by acclaimed artist Shiraaz Ali. Meghan Elliott of Marshmallow said: “We know how important community and connections are, which is why we’re proud to sponsor We Bring Light. “This project shines a spotlight on resilience, diversity and human connection and supporting it is a natural extension of our mission to empower those who step outside the norm to create brighter futures for themselves and their families.”

Victoria Dock site to be transformed into new apartments

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A landmark building in Hull’s Victoria Dock area will be converted into residential apartments following its acquisition by Nottingham-based property investment firm PIP Group. The company recently finalised the purchase of the former Victoria Dock Offices and secured planning approval from Hull City Council for the redevelopment.

The project involves converting the property, located at the Plimsoll Way and South Bridge Road roundabout, into six apartments, three of which will have two bedrooms and three will have one bedroom. Each unit will feature views across the Humber Basin.

The redevelopment adds to PIP Group’s growing portfolio of regeneration projects across the North of England and the Midlands. The firm has been focusing on revitalising underused properties with potential for high-quality living or commercial spaces in key regional growth areas.

The transformation of the Victoria Dock Offices reflects ongoing investment activity in Hull’s urban renewal, which has seen increasing interest from developers targeting historic buildings suitable for modern residential conversion. The scheme is expected to enhance the area’s appeal to professionals seeking waterfront living close to the city centre.

Arv Soar, founder and managing director of PIP Group, said: “The acquisition of the Victoria Dock Offices is an exciting opportunity to breathe new life into a building that holds both historical and architectural significance. “Hull is a city undergoing significant regeneration, and we are thrilled to be part of its continued growth. Our vision is to create high-quality, modern living spaces that retain the character of this beautiful landmark while offering residents a contemporary lifestyle and exceptional views of the Humber Basin.”

Derby nursery founder honoured with Lifetime Achievement Award

Derbyshire nursery founder Margaret Mason OBE has been honoured with the Lifetime Achievement Award at this year’s Nursery World Awards, recognising her extraordinary contribution to early years education across the UK over more than 70 years. Margaret, who founded Children 1st Day Nurseries in Long Eaton in 1988, has dedicated her life to giving children the best possible start. From one nursery on Breedon Street in Long Eaton, she built one of the UK’s most respected nursery groups – educating and caring for thousands of children and employing hundreds of people across Derbyshire and beyond. Many of her nurseries were recognised by Ofsted as Outstanding, a reflection of the high standards and strong values she championed throughout her career. Alongside running her nurseries, Margaret also played a key role in improving quality across the whole early years sector in the UK. She became the first Chair of the National Day Nurseries Association, helping to raise professional standards and give a national voice to private and voluntary childcare providers. Her commitment to children and families has been recognised nationally too. In 2017, she was awarded an OBE for Services to Education. Last year, Margaret completed the sale of the Children 1st group to national nursery provider Storal, ensuring the future of the nurseries she created. She has retained one setting in Derby, Maggie’s Day Nursery and Forest School in Breadsall – which continues her approach to early years education. Maggie’s is also home to the Margaret Mason OBE Children 1st Trust, a charity Margaret established to support vulnerable children and families across Derbyshire. The Trust helps to provide essentials and emergency childcare to families experiencing hardship, ensuring that every child can access care and learning when they need it most. The Lifetime Achievement Award was presented to Margaret by Neil Leitch, chief executive of the Early Years Alliance, at a ceremony in London on Saturday 27 September. Paying tribute to her impact, he said Margaret had “a life dedicated to making the lives of others better – and that is a true lifetime achievement.” Commenting on being awarded the Lifetime Achievement Award, Margaret Mason OBE said: “I am honoured to have received this award and feel so proud of what we’ve achieved. This award isn’t just mine – it belongs to every member of our team, past and present, who has shared that same passion for giving children the very best start in life. “When I opened my first nursery, I just wanted to create a place where children could feel happy, safe and inspired to learn. I never imagined it would grow the way it has or touch so many lives.”

Vesuvius development reaches full occupancy in Worksop

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The final unit at Northern Trust’s Vesuvius development in Worksop has been let, with chicken brand Wingers taking Unit 5. This latest letting means that the 46,921 sq ft estate is now fully occupied. The arrival of Wingers marks the opening of the brand’s 20th UK store, creating over 10 new local jobs. Amran Sunner, co-founder of Wingers, said: “We’re pumped to be joining the local community and bringing our bold, fresh flavours to Worksop. This launch is another big step in our mission to bring proper chicken to every local neighbourhood in the UK.” Vesuvius is a trade counter and industrial scheme arranged across five blocks, providing 19 units ranging from 1,208 sq ft up to 5,094 sq ft. Dan Hodge, regional property director at Northern Trust, said: “We are delighted to welcome Wingers to Vesuvius. Their opening not only completes the occupation of the estate but also enhances the on-site amenity offer. Securing a growing national brand such as Wingers further underlines the quality and profile of this development.” Ben Flint, director at Flint Real Estate, who acted as letting agent on behalf of Northern Trust, said: “I am delighted that Flint Real Estate has assisted Northern Trust with the lettings at Vesuvius, Worksop, which now sees the estate fully let for the first time since it was built. “The recent lettings, at asking rents and in quick succession, highlight the strong demand for good quality space. I look forward to trying out the new Wingers restaurant in Unit 5.”

Nottingham sets sights on becoming host city for FIFA Women’s World Cup 2035

Nottingham is setting its sights on becoming a host city for the FIFA Women’s World Cup 2035, with a reliance on Nottingham Forest’s re-development of the City Ground. At a meeting of its Executive Board next week, the City Council will decide whether Nottingham should proceed as a part of the UK bid to stage the event due to be submitted to FIFA at the end of November. If the UK proposal to host the event is successful, with a decision by FIFA due in April 2026, Nottingham would be one of up to 20 cities shortlisted as a part of the bid. A final selection of between 14-16 host cities and stadia is expected to be made by FIFA in 2030. The Nottingham host city bid would be subject to Nottingham Forest’s re-development of the City Ground and compliance with FIFA stadium requirements. In a document for the Executive Board meeting the council notes that if this re-development does not take place or is delayed, the opportunity to host the tournament in the city would not be possible. The council added that the bid represents an “ambitious once in a lifetime opportunity for Nottingham to host a truly world class sporting event.” Expected England-wide economic outputs hosting the tournament is forecasted to be £1.9bn GVA and creating 31,000 jobs, plus significant benefits of social value, volunteering, participation and a feel-good factor. It is expected that Nottingham, if selected as a host city, would host seven matches as a part of the tournament. Based on this it is estimated that the host city GVA would be in the region of £20m.

Unpaid takeover instalment leaves recycling firm seeking rescue options

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Unimetals Recycling (UK) is preparing for potential administration after missing the final payment on its £195 million acquisition of Sims Metal’s UK scrap division. The company, which employs around 650 people across 27 sites, has filed a notice of intention to appoint administrators as it works to secure new investment.

The final instalment of £55 million from the deal remains outstanding more than three months after it was due. A major investor recently withdrew from a funding round intended to provide liquidity and meet deferred payments.

The Stratford-upon-Avon-based group is now exploring refinancing and recapitalisation options to stabilise its operations. It continues to run recycling and processing facilities for scrap, critical, and energy transition metals in locations including Bristol, Peterborough, Derby, Manchester, and Nottingham.

The company’s situation highlights ongoing funding pressures across the metals and recycling sector, where high capital requirements and fluctuating commodity prices are testing financial resilience.

Patchworks secures £2m to accelerate growth and expand into US market

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E-commerce integration platform Patchworks has received £2 million in growth funding from Palatine Growth Credit, with additional backing from Gresham House Ventures. The Nottingham- and London-based company enables retailers to connect systems such as e-commerce storefronts, POS, ERP, CRM, warehouse management, and marketing tools into one streamlined platform.

The investment will support further platform development, enhance operational efficiency, and help attract large-scale enterprise clients. It will also fund the company’s expansion into the United States, marking its next phase of growth.

The funding represents the seventh deal completed under Palatine’s Growth Credit Fund, which was launched in early 2024 to provide flexible capital to high-growth regional businesses across the UK. The fund targets companies achieving strong revenue growth in sectors including cyber, fintech, SaaS, healthtech, medtech, AI, and advanced manufacturing.

Palatine’s Growth Credit Fund sits alongside the firm’s existing Buyout and Impact funds, reflecting its broader strategy to invest in technology-driven businesses across the UK’s key innovation regions. Patchworks’ addition to the portfolio reinforces the fund’s commitment to scaling regional firms with global potential.

Cubo hits £30m revenue milestone

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Cubo’s contracted annual revenue has surpassed £30m, marking a major milestone in the Derby-based flexible workspace brand’s rapid rise since it was founded five years ago. The £30m milestone follows several years of sustained expansion. In the past 12 months alone, Cubo has added new locations in key UK cities, achieved record occupancy rates, and attracted a surge of blue-chip organisations to its community. The company recently achieved its highest number of new enterprise sign-ups and record occupancy across many of its 13 locations. Cubo has now achieved 100% occupancy at five of its sites. Marc Brough, CEO of Cubo, said: “Reaching £30 million ARR in revenue is a huge testament to the strength of our vision and the trust that so many businesses have placed in Cubo. In just five years, we’ve built a model that delivers commercial success while inspiring innovation and collaboration across our member base. “The workplace continues to evolve at an unprecedented pace, and we’re proud to be leading that transformation. We will shortly be announcing a number of new sites which are set to open at the end of this year and the start of 2026, marking the next phase of our expansion.”

Housebuilder buys land for £35m second phase of Nottingham’s Barton Quarter

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The landowner for the Barton Quarter development in the Nottingham suburb of Chilwell, Beeston has sold the land for the second phase to Cameron Homes. The 4.9-acre site has full planning for 93 houses and apartments, designed by prize-winning London-based architect Ben Pentreath. Located off Queens Road West, the site was previously Barton’s bus depot, which had been owned by the Barton family since 1913. The company teamed up with The Prince’s Foundation, Stockbridge Land and Pentreath to masterplan the brownfield site for a total of 221 homes. Work commenced on the first phase of 30 two-, three- and four-bedroom homes in 2021, with residents moving in from 2022 onwards. Enabling work for Cameron Homes’ newly acquired £35m development will commence in Q1 2026, followed by a start of construction during Q2 2026. The housebuilder has programmed the first homes to be ready to move into in early 2027. The scheme will be launched to the market next year. John Hickman, group land director for Tara Group and Cameron Homes, said: “Barton Quarter is an exemplary development with some very special design characteristics and qualities. It’s been well received by locals and set new precedents in the market, which is testament to the legacy approach of Simon Barton and Ben Pentreath’s timeless design style. “Work has stalled since construction concluded on the first phase, so we are very pleased to acquire the site for phase two. With the strength of our group, we can provide reassurance that enabling works will start in January, to be carried out by Chasetown Civil Engineering – a sister company of Cameron Homes. “We have a handful of other family-focused developments currently underway across Nottingham, so are already looking forward to registering prospective purchasers and delivering this outstanding £35m project.” The accommodation mix for the development will comprise one- and two-bedroom apartments, two-bedroom mews and coach houses, and two- to five-bedroom villa-style houses. A new vehicular access will be created from Holly Lane.

Faith organisation relocates to new Nottinghamshire headquarters

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A major faith-based organisation is set to relocate its administrative base to Sherwood Park in Nottinghamshire. The North England Conference of the Seventh-day Adventists has secured a 22,335 sq ft Grade A office at the Evo Business Park.

The move to the Vertex building will centralise the organisation’s operations, which oversee a network of churches, schools, and community initiatives across the North of England. The new headquarters will accommodate administrative functions, training facilities, and community programme offices.

The relocation is designed to enhance collaboration between departments and expand capacity for projects focused on youth development, family support, and wellbeing. The property’s accessibility and modern facilities are expected to improve efficiency and service delivery for the organisation’s members and partners.

The transition to Sherwood Park is scheduled to take place later this year.

East Midlands unemployment dips as businesses await Budget clarity

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Unemployment in the East Midlands fell slightly to 4.4% between June and August 2025, according to new data from the Office for National Statistics. The regional figure remains below the national rate of 4.8% but is higher than at the start of the year.

The figures reflect a mixed picture for employers across the region. Recruitment difficulties continue to challenge many firms, with labour shortages persisting in key sectors. Rising operational costs, including higher employer National Insurance contributions and increases to the national living wage, have compounded the pressure on businesses’ hiring decisions.

Business groups in the region are urging the government to review elements of the Employment Rights Bill, arguing that added administrative demands could hinder firms already facing tight margins. Many also want assurances that the Autumn Budget will avoid further tax increases and instead offer measures that support investment and job creation.

With the Budget scheduled for 26 November, business leaders are calling for policies that prioritise economic stability and protect growth prospects in the East Midlands. For now, while the latest unemployment figures offer cautious optimism, the regional outlook remains closely tied to national fiscal policy and workforce legislation.

Council allocates £1.3m to support Ollerton regeneration

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Newark and Sherwood District Council is preparing to allocate £1.33 million to address a funding shortfall in the Ollerton Regeneration Scheme. The project, backed by £20 million from the UK Government’s Levelling Up Fund, aims to redevelop Ollerton town centre with new facilities and public spaces.

Council documents confirm that additional funding is required to finalise the business case and avoid delays. The scheme will include a cinema, café, public sector hub and housing. Adjustments to the original plans have been made to control rising construction costs, such as reducing part of the public sector hub to a single storey and separating the cinema and café from the main building.

The hub is intended to offer community services, including advice, support, and adult education. The council is expected to review the business case this week, with a planning application anticipated later this month.

The regeneration project is part of a wider investment across Nottinghamshire, designed to revitalise local economies and improve public access to services through mixed-use developments.

Businesses told to leave Pleasley Vale Mill One over safety concerns

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Operations at Mill One in Pleasley Vale Business Park have been halted following safety advice from the Derbyshire Building Control Partnership. Bolsover District Council has instructed all businesses based in the building to vacate immediately.

Council Leader, Councillor Jane Yates said: “This is a very upsetting situation but our absolute priority is the safety of the businesses in the Mill. We have been advised to immediately close, empty and secure the building for safety reasons. We understand this is a huge upheaval for the businesses involved and we will do absolutely everything in our power to help them, but we must put safety first.”

The council is offering assistance to help affected companies relocate and has made financial support available to ease the transition. The decision follows a structural assessment that raised concerns about the safety of the historic mill.

The site, which has been part of the district’s industrial landscape since 1784, has served multiple purposes over the centuries, including as a cotton mill, munitions factory, and business hub. The council is seeking expert guidance on the issues identified and will review future options for the Mills to preserve their heritage while ensuring public safety.

Nottingham developer’s £151K fundraiser to send scores of children to Lapland

A Nottingham developer has smashed its fundraising target to send dozens of sick children and their families to visit Santa Claus in Lapland. Arran Bailey, managing director of ALB Group, hosted a ‘Night at the Fair’ charity black tie ball at Goosedale in Papplewick on Saturday 11 October. Thanks to the generosity of local business people and celebrities, £151,040 was raised for local charity, When You Wish Upon A Star Foundation’s Lapland trip. The achievement means ALB Giving can now fund seats on the plane for between 35-40 children and their families. The total sum needed to fund the plane was £130,000. Arran said: “When You Wish Upon a Star is a charity close to my heart. The work they do is inspiring. “We set ourselves an ambitious target to raise enough donations to sponsor a plane to fly children with life threatening and terminal illnesses to Lapland for an unforgettable opportunity to meet the real Santa Claus. Thanks to everyone’s generosity, we have achieved that goal. “I’d personally like to thank all those who bought tickets to the ball, donated prizes, made a bid at our charity auction or bought raffle tickets. We’ve been blown away by your generosity, and I cannot thank you enough. “What we have achieved together for the children is tremendous.” ALB Giving, the charity arm of ALB group, announced the black-tie event in May. Within 24 hours 75 per cent of the tables available had been snapped up. Guests flooded in from a range of Nottinghamshire businesses with high profile names including Carl Froch and his wife, and TOWIE’s Tommy Fordham. Donations for raffle prizes and auction lots included signed boxing gloves donated by both Carl Froch and Leigh Wood. Experience trips up for grabs included a private tour of the Ferrari garage in Italy, donated by Graypaul Nottingham, and opportunity to meet and greet Tommy Fordham and design your own trainers working with his brand Ctrne. The star prize of the night for a ticket on the plane to Lapland created fierce bidding with bids starting at £1,000. This quickly soared to £10,000.00, at which point the bidding was halted by guest auctioneer and sports commentator Darren Fletcher, and four different people agreed to pay the same price putting a wallet busting £40k into the charity’s pot. When You Wish Upon a Star was founded in Nottingham by Barbara White CIOF OBE. It is celebrating its 35th anniversary this year. Since 1990, the charity has granted over 19,300 Wishes to sick children across the UK. Its specially chartered Santa Express flight to Lapland is the highlight of the year and helps children to swap hospital beds for sleigh rides and Santa Claus meets. Arran said: “As a successful Nottingham firm that champions our hometown, we wanted to give back to our supporters and community. To put on a ‘never to be forgotten’ event, to thank our friends, customers and contacts whilst also raising a tremendous amount of money for such a worthwhile charity has been a privilege.” Joe Williamson, CEO of the charity, said: “Everyone at When You Wish Upon a Star has been so excited about the ALB Giving Ball and the incredible opportunity it presented to make dreams come true for the children we support. A trip to Lapland is one our wish families will never forget. “Events like this are the heartbeat of our charity, and it’s truly heartwarming to see such generosity and enthusiasm from everyone involved. I want to extend my huge appreciation to the entire ALB team for their unwavering commitment and support, your passion and kindness are helping to create magical moments that these children and their families will cherish forever.”

Major fit-out complete at MIDFIX’s new Nottingham HQ

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Accent Office Interiors has completed a 100,000 sq ft headquarters fit-out for MIDFIX, an expert in onsite and offsite support systems for the mechanical and electrical industries. Located at the newly developed Power Park Industrial Estate in Nottingham, this large-scale project marks another milestone in the partnership between Accent and MIDFIX. The eight-month project was delivered in two phases to ensure a seamless transition with minimal disruption to MIDFIX’s business operations. Phase 1 comprised the warehouse and workshop fit-out, completed in time for MIDFIX’s operational relocation in April. Phase 2 focused on the design and fit-out of premium office spaces, culminating in a successful relocation in August. “This project has been an incredible journey from concept to completion,” said Rodney Hibbert, sales director at Accent Office Interiors. “It’s been extremely rewarding to help transform MIDFIX’s new home into a space that not only unites their operations under one roof but also positions them for continued growth. The results are outstanding and a testament to the hard work, collaboration, and dedication of everyone involved.” The warehouse fit-out included full power distribution, energy-efficient LED lighting, and an advanced fire alarm system. Accent also delivered a bespoke workshop facility to support MIDFIX’s pre-fabrication division in both metal and woodworking. The new office environment was designed with modern functionality and staff well-being in mind. Accent constructed a two-tier mezzanine floor with a concrete subfloor, extending the raised access flooring to create a continuous, cohesive workspace. Key features include open-plan office areas, a canteen and meeting room suite, a fully equipped gym, dedicated locker room, and enhanced WC and shower facilities. “The final outcome was amazing,” said Angela Potts, head of business services at MIDFIX. “Staff absolutely love it, and the feedback has been incredible. This is largely credit to Accent – listening to us and finding solutions.”

Inflationary pressures soften in September for East Midlands businesses

East Midlands firms signalled a fresh fall in output during September, according to the latest NatWest Regional Growth Tracker, but inflationary pressures eased on the month. At 47.4 in September, the headline NatWest East Midlands Business Activity Index was down from 53.3 in August, and indicated a drop in output levels. Nonetheless, the average reading over the third quarter was the highest since the final three months of 2024. The decrease contrasted with growth seen in August, as companies highlighted weak demand conditions and a steep downturn in new orders. The pace of decline in new business quickened, as a subdued sales environment also dampened business confidence and employment. Meanwhile, cost pressures eased to the softest in nine months, with East Midlands businesses moderating the pace of charge inflation in a bid to remain competitive and drive new sales. Lisa Phillips, regional managing director, Midlands and East, commerical mid markets, said: “There’s been grounds for optimism in September as the pace of increase in input prices softened to the slowest in 2025 to-date. Subsequently, firms were able to offer more competitive prices to their customers, as the pace of output charge inflation also cooled. “However, the region’s private sector ended the third quarter on a less stable footing as a drop in new orders led output to dip into contraction territory. Customer hesitancy and uncertainty in the economic outlook weighed on demand conditions and business confidence.” Performance in relation to UK The contraction in output diverged from the UK average which signalled broadly unchanged activity levels on the month. September data indicated a further contraction in new business at private sector firms in the region, with the rate of decline accelerating. The pace of decrease was softer than the recent record seen in July, however. The contraction in new sales was the strongest of the 12 monitored UK areas. Although East Midlands firms remained confident of a rise in output over the coming year the degree of optimism slipped and was below the series average. Nonetheless, the level of confidence was only slightly below the UK trend. East Midlands private sector firms registered a sharper decline in employment at the end of the third quarter. The strong decrease was sharper than the UK average, but less marked than was seen on average at the start of the year. Reduced pressure on capacity at firms was signalled through a further contraction in backlogs of work during September. Of the 12 monitored UK areas, only Wales recorded a steeper decline in unfinished work. Private sector firms in the East Midlands indicated a further rise in cost burdens during September. Higher operating expenses were linked to hikes in wage bills, as well as greater raw material and transportation prices. The rate of increase was the second-slowest of the 12 monitored UK areas, faster than only the North East. In an effort to remain competitive, companies recorded a less marked rise in output prices in September. The pace of increase was the weakest in three months and below the series trend. The rate of charge inflation was also softer than the UK average, with only Wales, the North West and Scotland seeing slower upticks in selling prices.

Plans lodged for next phase at Derby’s Castleward redevelopment scheme

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A planning application has been submitted for the next phase of the Castleward redevelopment in Derby. Phase five will see 167 new homes built around Canal Street and New Street, with 30% being affordable homes. Castleward is a partnership project between Derby City Council, regeneration specialists Compendium Living, housing developer Lovell Partnerships, and Homes England. The £100 million development, situated between Derbion shopping centre and Derby Midland Station, is one of the city’s largest housing projects. In total, the scheme will provide around 700 new homes, as well as green space and nearly 35,000 sq ft of commercial retail space. It is a long-term placemaking project, being delivered over a period of 15 to 20 years. Councillor Shiraz Khan, cabinet member for housing, strategic planning and regulatory services, said: “I’m excited to see work begin on this fifth phase of Castleward Urban Village, but for now we will let the planning process run its course and look forward to an outcome later this year. “The multi-million-pound Castleward regeneration scheme has already breathed new life to this city centre brownfield site, providing hundreds of new homes, a new school, new independent businesses, and a more attractive route between the Derbion and the railway station. Delivering the final phase will help us build a Derby to be proud of.” Bruce Lister, managing director of Compendium Living, said: “We are delighted that the plans for the next phase of Castleward have been submitted, Castleward is such a significant project for us, and we take great pride in delivering this massive project alongside our partners. We are eager to continue to offer a mix of high-quality housing in the area for the people of Derby, if the planning application is successful.” Beth Bundonis, regional managing director at Lovell in the East Midlands, said: “The latest phase of our Castleward development highlights the continuation of vital regeneration work. Subject to planning approval, we’re excited to deliver the next chapter of this dynamic city quarter in partnership with Compendium, Homes England and Derby City Council.”

Splitstone Capital moves to acquire UK lead recycling business Ecobat Resources

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London-based private equity firm Splitstone Capital has agreed to acquire Ecobat Resources UK Limited, the country’s largest lead battery recycling business, from US parent company Ecobat LLC.

The deal, structured as a corporate carve-out, will see Ecobat Resources transition to standalone ownership under Splitstone’s management. The company operates Europe’s biggest lead battery recycling plant in Matlock, Derbyshire, along with a sheet lead production facility in Welwyn Garden City.

Together, these sites form the UK’s largest integrated lead recycling and refining operation, processing used lead-acid batteries and scrap lead into refined materials for use across automotive, industrial, and construction sectors. The company achieves a lead recovery rate of more than 99%, contributing significantly to the UK’s circular economy.

Splitstone will fund the acquisition through £100 million in committed capital, alongside £40 million in additional facilities to support future growth.

Peter Foxwood, Managing Partner of Splitstone Capital, said: “Ecobat Resources UK is a strongly-performing market leader with a vital and enduring role in the circular economy. We are excited to support the Managing Director, John Manning, and his team as they build on the company’s impressive heritage. This transaction exemplifies the kind of complex carve-outs we actively seek out, where focus, pace and creativity are essential to deliver a successful outcome.”

The deal remains subject to regulatory approvals and customary closing conditions.

South Nottingham industrial units snapped up

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Midlands-based property developer and asset manager, Rotherhill, has completed the sale and letting of two industrial units at the Nottingham South and Wilford industrial estate. The disposals follow Rotherhill’s acquisition of the units in February 2024. The property was purchased with residual income, with the two units combined and occupied under existing lease agreements that expired within six months of the purchase date. The two units are situated within a wider terrace and extend to 9,713 sq ft and 24,732 sq ft respectively. Unit 21 (9,713 sq ft), comprising a modern warehouse with integrated offices and benefitting from extensive on-site parking, was sold earlier this year to Eden Tyres & Servicing. Unit 22/23 (24,732 sq ft) has been let on a 10-year full repairing and insuring lease to Cellcom Limited. Cellcom is the official UK supplier for DJI, one of the world’s largest drone manufacturers, and Dreame Technology, a home appliances specialist. The new lease will support Cellcom’s expanding distribution operations as well as its retail presence, with flagship outlets on Regent Street and in Westfield White City in London, and Corporation Street in Birmingham. Both transactions involved collaboration with several Nottingham agents, Will Torr of heb, Tim Gibertson of FHP, and Sean Bremner of CPP. Will Torr, partner at heb Surveyors, said: “Due to the strength of the location, units rarely trade on Nottingham South & Wilford Industrial Estate and this formed a significant part of the initial acquisition rationale. It has been a collaborative effort to see both units now occupied by thriving independent East Midlands based businesses.” Tim Gilbertson, director, FHP, added: “A pleasure once more to help Rotherhill with the disposal of these units, a real team effort saw us identify and secure deals with the two eventual occupiers, both taking advantage of the fabulous ‘south of the river’ location that this estate offers in Nottingham.” Sean Bremner of CPP said: “We are delighted to have secured Cellcom for Rotherhill. We were aware of this enquiry upon our agency appointment and worked hard to convince Cellcom this was the right solution to their requirement. We wish them every success in their continued business expansion.” Ed Jeffrey, director at Rotherhill, said: “We’re pleased to have sold Unit 21 earlier this year to Eden Tyres, a large East Midlands family-run business, and to have brought a respected national occupier into Unit 22/23. It’s great to have helped facilitate their continued growth and success. “The disposals are a result of the excellent advice provided by our retained agents, heb, FHP and CPP, throughout. These new occupiers add to the quality of the industrial estate generally and both transactions underline the continued demand for well-located, modern industrial space which is in short supply.”

Derbyshire childcare apprenticeship expert wins Outstanding Contribution Award

A Long Eaton childcare apprenticeship expert has been recognised nationally for her exceptional impact on the early years sector. Kate Bickley, head of apprenticeships at Storal, has won the Outstanding Contribution Award at the Nursery World Awards 2025, which celebrate excellence across early years education. Kate has devoted her career to early years education for more than two decades. She began as a nursery nurse in 2000 and has gone on to specialise in training and workforce development. Over the years, she has supported hundreds of apprentices to qualify and progress, while also helping colleagues across the sector grow in confidence and skill. Today, she leads Storal’s national apprenticeship programme, shaping the careers of the next generation of early years professionals. The Outstanding Contribution Award recognises an ‘unsung hero’ in early years education – someone whose dedication, experience and support for others make a lasting difference. Kate became head of early years apprenticeships for Storal following the acquisition of Children 1st Day Nurseries in 2024. Prior to this, she spent more than a decade as director of training at the Children 1st Academy, where she was responsible for the professional development of more than 600 staff across 24 nurseries. Commenting on her award, Kate said: “I’m absolutely over the moon. Supporting apprentices and colleagues to develop their skills and confidence is something I’ve always been passionate about, and to see so many of them flourish in their careers is what makes this job so special. To be recognised in this way for doing something I love means the world to me.” Sarah Mackenzie, CEO of Storal, said: “Kate thoroughly deserves this award, and we are incredibly proud to see her contribution recognised on a national stage. “She has devoted her career to training and supporting others, and the results speak for themselves. Over the years, she has guided hundreds of apprentices and colleagues, helping them to gain qualifications, grow in confidence and build lasting careers in early years education. “What sets Kate apart is her ability to combine real expertise with genuine care for the people she supports. She inspires those around her and is a role model for both new entrants to the sector and experienced practitioners alike. We are lucky to have her as part of Storal.”

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