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Many UK landlords risk financial exposure due to outdated or insufficient insurance
According to recent research conducted in April 2025, more than a third of UK landlords may be operating without proper insurance cover, leaving them vulnerable to financial loss.
The data shows that 25% of landlords do not have any landlord-specific insurance, while an additional 12% are unsure if their existing policy provides adequate protection. Among those with insurance, nearly two-thirds had not reviewed or updated their policy in the past year.
This trend of underinsurance comes as the private rental sector faces growing pressure from rising operational costs, incoming regulatory reforms, and increasing risk exposures, including property damage, legal disputes, and rent loss. The findings suggest that many landlords may rely on standard home insurance policies, which often exclude tenant incidents, exposing them to significant liabilities.
The upcoming Renters’ Rights Bill is expected to introduce additional legal responsibilities, while insurers are tightening policy terms and increasing premiums, particularly for properties in high-risk areas. Despite this, nearly one-third of landlords surveyed expressed low confidence in their insurance’s ability to cover essential risks such as tenant-caused damage, legal expenses, or loss of rental income.
The data points to a knowledge and engagement gap, with cost-conscious landlords potentially selecting policies based on price alone, without assessing the suitability of cover. Industry experts are urging landlords to regularly review their insurance policies and ensure coverage aligns with the current value of their assets and the realities of modern property letting.
New partnership for Van Elle sees heavy haulage operations offloaded
Van Elle, the Nottinghamshire-headquartered ground engineering contractor, has revealed a five-year partnership with WS Specialist Logistics, which will see WS Specialist Logistics take on the group’s heavy haulage operations.
This will include the disposal of Van Elle’s in-house HGV fleet and transfer of its transport management team and directly employed drivers, into a new division of WS Specialist Logistics dedicated to heavy plant haulage, which will manage and operate the entire fleet.
This partnership will allow Van Elle to reallocate the current capital employed plus the further planned investment required in the HGV fleet into growth initiatives driving greater returns for shareholders, whilst improving the utilisation of the ongoing transport operations and reducing associated corporate administrative costs by partnering with a specialist with capacity and neighbouring facilities to the group’s headquarters in Nottinghamshire.
WS Specialist Logistics have paid £2.9m for the assets being transferred.
Van Elle Chief Executive Mark Cutler said: “This new partnership with WS Specialist Logistics is a logical initiative for the Group; releasing capital to invest in areas of greater return as we enter a long-awaited period of anticipated growth in our core markets.
“WS Specialist Logistics have been an excellent partner to the business for several years and we look forward to drawing on their expertise to further improve our transport operations whilst keeping the support of our fantastic, loyal in-house transport team and drivers that perform so well for us 24/7.”
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Harvey Hadden adds major solar upgrade to cut energy costs and emissions
Harvey Hadden Sports Village in Nottingham has completed the third phase of a long-term solar power rollout, bringing its total installed capacity to 571.5 kWp. The latest upgrade includes a 307.58 kWp rooftop photovoltaic system comprising 676 bifacial solar panels covering more than 1,300 square metres.
The project, supported by over £449,000 in funding from Salix Finance, is part of Nottingham City Council’s wider carbon reduction strategy. With all three solar phases combined, the site now generates over 500,000 kWh of electricity annually.
Launched in 2015, the initiative began with the UK’s largest solar carport, followed by a 200 kWp rooftop system in 2018. The new installation is projected to deliver around 257,752 kWh annually, cutting carbon emissions by approximately 60 tonnes annually. Over 30 years, the centre expects to save £3.66 million in electricity costs and reduce gas expenses by more than £315,000.
The project was led by Nottingham City Council’s Environment and Sustainability team, with technical oversight from senior project officers and support from the council’s carbon reduction services team. The system meets rigorous industry standards, including ENA G99 and MCS certification.
This development positions Harvey Hadden as one of the largest solar-powered leisure centres in the UK. It highlights the role of clean energy in driving down costs across public infrastructure.
UK business confidence softens but remains above average
According to Lloyds Bank’s latest survey, UK business confidence declined in April, falling 10 points to 39%. While this marks a slowdown after a strong first quarter, sentiment remains higher than at the start of the year and above the 20-year average of 29%.
The shift was driven by a drop in economic optimism, which fell to 28%, the lowest level this year. Fewer businesses expect improvements in the broader economy, reflecting ongoing concerns over global trade dynamics and market volatility.
Trading outlooks remain relatively strong despite a seven-point dip to 50%. Confidence around hiring also edged slightly, but remains among the highest post-pandemic levels. Pay expectations eased modestly, though projections for larger wage increases are broadly unchanged from last year.
More firms plan to raise prices, with price expectations climbing seven points to 68%. The share of businesses expecting to cut prices held steady at 2%.
Sector performance was mixed. Construction saw the steepest confidence decline, down 22 points. Retail and services also slipped, while manufacturing held steady. Regionally, most areas saw flat or declining sentiment, though the North East and East of England bucked the trend with notable gains.
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Reddington invests £2m to relaunch two Nottingham hospitality venues
Reddington Pub Company has completed a £2 million investment to redevelop and reopen two hospitality venues in Gunthorpe, Nottinghamshire. The company aims to expand its footprint in the Midlands’ premium dining and events market.
The project includes the revival of The Anchor, a family-focused pub, café, and events space, and the transformation of Tom Browns into a high-end dining and entertainment venue. Both sites are located alongside the River Trent and have been longstanding fixtures in the local hospitality scene.
The investment has created 100 new jobs and positions the company to cater to leisure and corporate clients. The Anchor now offers dining, luxury accommodation, and an events courtyard suitable for private functions and business gatherings. It also features unique attractions like a model train for families and a café providing takeaway options for visitors.
Tom Browns has been repositioned as an adults-only dining destination focusing on premium steak and seafood. The venue will host live performances and events throughout the year, supporting Reddington’s strategy of integrating entertainment with upscale food offerings.
The relaunch aligns with the company’s growth strategy in the Midlands. It complements its existing venues, including The Old Vol and The Reindeer, and reinforces its presence in the region’s competitive food and beverage sector.