Blueprint Interiors invests in team

Workplace consultancy Blueprint Interiors has appointed Jake Wright as project manager and promoted Francesca Curry to furniture project administrator. The Ashby-based company continues to strengthen its delivery and business development teams, with the appointments following the hire of John Tansur as commercial director at the end of last year. With seven years as a project manager and over 25 years in the construction industry, Jake is well placed to manage projects from initial prelims through to successful completions, while upholding high standards of client service and delivery. Francesca joined Blueprint as a business administration apprentice in August 2022, completing her NVQ with Distinction and officially stepping into a full time administration assistant role on completion. Since then, her dedication to learning and enthusiasm to progress cemented her promotion to furniture project administrator. Rachel Biddles, operations director at Blueprint Interiors, said: “Jake joins us at a time of significant growth and exciting opportunities for Blueprint. As our order book expands and more complex projects come through, it’s vital that we have experienced project managers like Jake to oversee the seamless delivery of our work. His skill set and approach make him a great cultural fit for our team, and we’re delighted to welcome him aboard. “Having assisted with furniture enquiries over the last 12 months, Francesca has shown a natural flare in the sector, dealing with clients and suppliers alike. It has been a pleasure to see her confidence and skills grow since joining us three years ago. The care and quality in her work is always apparent and the promotion is much deserved.” Jake said: “Having the opportunity to work alongside a culture-driven, skilled team with an impressive client-base is what drew me to the role. Blueprint is a market leading workplace design and fit out company that is at the fore of innovation and transformative change for its clients. Excited to be on the team and part of the business’ ambitions.”

Topps Tiles sees sales growth but warns of £4m cost increase

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Topps Tiles reported a 4% increase in sales to £127.7 million for the six months ending March 29, driven by strong March trading. The company noted a slowdown in January but saw improvement through the quarter, with underlying growth accelerating from 3.3% in Q1 to 4.4% in Q2.

Trade sales were a key driver, with total trade revenue for the Topps Tiles brand rising 12% yearly. The number of active traders grew by 11% to 146,000. In contrast, homeowner sales remained weak as consumers remained cautious about major home improvement spending.

The company expects an additional £4 million in costs due to rising wages and national insurance contributions.

Topps Tiles is also appointing a new CEO after Rob Parker announced his departure in January. 

Management remains focused on strategic initiatives, including expanding digital services for trade customers and broadening its product range, to support future growth.

Leicester council plans £2.1m cuts to libraries and community centres

Leicester City Council has outlined plans to reduce costs by £2.1 million by restructuring library and community centre services. The proposal includes transferring 11 facilities to community organisations while retaining 12 sites as “multi-service centres” and keeping the city’s Central Library.

The council cited severe budget pressures, stating it must save £23 million to balance its finances. While job losses are possible, no specific redundancy figures have been provided.

Under the plan, several neighbourhood and recreation centres—including Belgrave, Coleman, Netherhall, Braunstone Frith, and Rushey Mead—could be transferred to external groups. Libraries in Evington, Knighton, and Rushey Mead, along with the Tudor Centre, Eyres Monsell Community Centre, and Gilmorton Community Rooms, are also under consideration for transfer.

With its library relocated, the St Matthew’s Centre may close, while the Fosse Neighbourhood Centre in Newfoundpool could be sold. The council plans to invest £1 million in the 12 sites it will retain, with five locations—including Beaumont Leys Library Hub and Highfields Library Hub—set to operate with staff hours 40 per week. Additional self-service hours will be available at select locations. Seven other sites, including Aylestone Library and Westcotes Library Hub, could operate for 30 hours per week.

The public consultation on the proposals runs until 29 June. Assistant Mayor Vi Dempster stated that while the services are highly valued, financial constraints require operational changes. She encouraged residents to participate in the consultation process.

A government spokesperson acknowledged councils’ financial challenges, highlighting a £69 billion funding allocation for local authorities across England, including a potential £35.6 million increase for Leicester City Council.

Motorpoint hails “strong return to profitable growth”

Motorpoint Group, the independent omnichannel vehicle retailer, has hailed a “strong return to profitable growth” in a trading update for the year ended 31 March 2025.

The Derby business expects to report a profit before tax for the year within the ranges of £4m to £4.3m, representing significant improvement on a £10.4m loss in the prior year.

In early December the firm opened its 21st store, in Norwich.

Motorpoint has also announced a share buyback to repurchase up to 3m ordinary shares, with an aggregate purchase price of no more than approximately £4m.

Mark Carpenter, Chief Executive Officer of Motorpoint Group PLC, said: “Having returned to profitability in the first half of FY25, I am very pleased with our performance across the full year, delivering profitable growth and significantly outperforming the wider used car market.

“We recommenced our new store opening programme with the Group’s 21st store opening in Norwich in December 2024. Notwithstanding the ongoing consumer and macroeconomic environment, Motorpoint is in a strong position to grow further, and I am cautiously optimistic for the FY26 outlook.

“I am also pleased to announce a further share buyback programme, following the successful completion of last year’s £5 million buyback. This reflects both our ability to generate strong cash flow whilst achieving sustainable growth, and our focus on delivering attractive returns to shareholders.”

Ash & Lacy strengthens position in automotive industry with Vestatec acquisition

Solidifying its position in the automotive industry, Smethwick-headquartered Ash & Lacy has acquired Nottingham-based Vestatec, a supplier of decorative automotive components. The acquisition brings together Ash & Lacy’s high-volume manufacturing capabilities and Vestatec’s expertise in cutting-edge Physical Vapour Deposition (PVD) coating technology, to offer innovative solutions to automotive manufacturers. Both companies are family-owned and driven by a shared philosophy of quality and growth. Dr. Jonathan Evans, CEO of Ash & Lacy, said: “From the outset, it was clear that Ash & Lacy and Vestatec share a similar philosophy. “This fusion brings together our strengths, allowing us to offer even more comprehensive, cost-effective, and sustainable solutions for the automotive sector.”

Haines Watts sells trio of East Midlands offices to TC Group

Three Haines Watts offices in the East Midlands have been sold to TC Group. TC Group, an Accountancy Age “Top 20” UK firm of business advisors and accountants, specialises in tailored accountancy and taxation solutions. With over 50 locations nationwide, the firm continues to expand its presence through this integration, which aligns with its ongoing M&A strategy. As part of the transition, the offices will now operate under the TC Group name, adding three new locations to the firm’s growing network. Additionally, the offices will gain access to TC Group’s national and international support network, enhancing their service capabilities. Rothera Bray acted on behalf of the selling shareholders of Haines Watts (East Midlands) Limited, Haines Watts Nottingham Limited and Haines Watt Audit EM Limited, based in Derby, Nottingham, and Leicester. The deal does not include Haines Watts Leicester Ltd, which continues to operate under the Haines Watts brand. The Rothera Bray team was led by Corporate Partner David Kaplan. Working with David were Senior Associate Liz Mills and Solicitor Liam Wicks. They were supported by Partner Catherine Angrave from the firm’s Commercial Property team and Managing Associate Rachel Mills from the Employment team. David Kaplan said: “It was a pleasure working with the Haines Watts shareholders. We had a very tight timetable that did not allow for any slippage. The Rothera Bray team worked tirelessly to ensure that the transactions completed on the date targeted from the outset of the transaction. “I wish Martin, Mark, James and Shiran all the best for the future. Being part of the TC Group is a great fit and will enable them to take the businesses to the next level.”

East Midlands industrial landmark ready to welcome back manufacturing

A market-ready large scale commercial development in the East Midlands expects to announce a series of major deals in the coming months. New Stanton Park in Derbyshire will see the former Stanton Ironworks site redeveloped into a major destination for manufacturing and logistics businesses, with the site capable of hosting 2.2 million square feet of space and up to 4,000 jobs. The site has been brought to market by Verdant Regeneration, which has also revealed that it has been successful in attracting international company Fassa Bortolo from Italy to build a bespoke new manufacturing plant at the site. It is also in advanced talks with a number of other national and international businesses looking to expand into the East Midlands by moving to New Stanton Park. David Grier, a director of Verdant Regeneration, said: “New Stanton Park was an industrial landmark in the East Midlands for decades and with the investment we have made in redeveloping the site it will become a major commercial destination again. “Remediation of the full site means that this is the most deliverable major industrial development in the region. Our ability to accommodate people swiftly is one of the key reasons for the significant interest we have attracted from businesses looking to expand.” Verdant has already welcomed DX Group to New Stanton Park, the delivery solutions specialist opening a 22,000 sq ft regional hub on the site. Verdant is now working closely with the planners at Erewash Borough Council to bring forward further development at the site. New Stanton Park will also include branches of McDonald’s and Starbucks, while fast EV charging will also be available. New Stanton Park has been highlighted by East Midlands Mayor Claire Ward as one of the most important development sites in the East Midlands Combined County Authority’s Investment Prospectus, which is being promoted at the national and international UKREiiF event in Leeds next month. The site is being marketed by agents M1, Kimmre and Innes England. James Keeton, of M1 Agency, said: “The Verdant team has invested heavily in preparing the site for occupiers, with site infrastructure and outline planning in place. “This is capable of delivering 28m eaves height, utilities support is excellent and with the sheer scale of the plot sizes – plot 2 alone is 70 acres and capable of accommodating a single 1m sq ft building – we’re confident that New Stanton Park will soon be home to major national and international occupiers. “Verdant is currently building out speculatively on plot 1, with occupier deals secured and further announcements across the wider plot expected shortly. The principal development land is all being supported by the amenity plot for McDonald’s and Starbucks, which is also on site. Cumulatively, this is a hugely positive inward investment story for the region and the UK.” Verdant’s investment in the site also reflects the long-term commitment to the area of its director David Ward, whose recycling business already employs hundreds of local people. He said: “We have huge ambitions for New Stanton Park – this was a significant industrial landmark for many decades and will certainly become one again. “Besides the site remediation and infrastructure, we have also invested in the environment so that the green spaces, recreational fishing ponds, and wildlife around New Stanton Park are protected and nurtured. “We want to see this become a major source of employment for Erewash and to support the Mayor’s ambitions for the growth of the wider East Midlands economy.”

Dains relocates Nottingham office to support East Midlands growth

Dains Accountants is moving its Nottingham office to Cubo, Standard Court, starting 1 April 2025. The move follows the end of its lease at Butt Dyke House and aligns with the firm’s strategy to expand its presence in the East Midlands.

The new location, part of a redevelopment of the former Nottingham General Hospital site, offers modern office space to support collaboration and flexibility. It also provides improved transport links and energy-efficient facilities, reinforcing the firm’s sustainability efforts.

Colin Peacock, Partner at Dains Nottingham, said the move reflects the firm’s commitment to growth and creating a high-quality environment for employees and clients. The new office will host client meetings, workshops, and networking events, strengthening engagement with local businesses.

Dains, established in 1926, advises private companies, SMEs, and entrepreneurs. The Nottingham relocation is part of its broader effort to invest in workspaces that attract top talent and support evolving client needs.

Council plans land purchase to support new food waste collection service

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Derby City Council is considering purchasing a 7.5-acre brownfield site on Stores Road to accommodate infrastructure for a new weekly food waste collection service, set to launch in April 2026. The land will house a Highways Hub, freeing up space at the existing depot, which is already operating at capacity. The purchase is part of the Stores Road Depot Scheme under the Council’s Capital Programme.

Under new ‘Simpler Recycling’ regulations, local authorities must introduce separate weekly food waste collections. Derby currently provides fortnightly collections mixed with garden waste. To meet the new requirements, £1.6 million in capital funding from Defra will support the purchase of 14 collection vehicles, food waste caddies, and staff. An additional £500,000 in revenue funding will be provided in March 2025 to assist with public awareness efforts.

The new service aims to improve waste management efficiency, reduce disposal costs, and increase recycling rates. Food waste collected in caddies will be processed separately rather than sent to landfills. As the council develops the service, businesses involved in waste management, transport, and infrastructure may see contract opportunities.

Travis Perkins reports £77m loss, plans strategic overhaul

Travis Perkins has posted a £77m pre-tax loss for the year ending December 2024, reflecting tough market conditions and declining demand. Revenue fell by 4.7% due to weaker performance in its Merchanting division, as the construction sector struggled with high inflation, interest rate hikes, and reduced consumer confidence.

In response to these challenges, CEO Pete Redfern stepped down in March 2025 due to health issues, with chair Geoff Drabble taking over leadership on an interim basis. Drabble highlighted the urgent need for the company to refocus its operations, particularly in customer engagement and supplier relationships, to regain trust and better align with market demands.

Despite the ongoing challenges, Drabble is optimistic about the future. With the right leadership and a clear customer-centric strategy, Travis Perkins is well-positioned to capitalise on a potential recovery in the construction sector. The company will focus on efficient capital use, strengthening its core advantages, and re-engaging with the workforce to meet future demand.