The Bridge and QinetiQ Sign Materials and Engineering Partnership
Vulcan Works cuts coworking prices to support SMEs
Northampton-based office hub Vulcan Works has lowered the cost of its coworking and desk hire packages in response to market pressures affecting small businesses and entrepreneurs.
Aimed at supporting flexibility for startups and freelancers, the dedicated desk package now costs £200 per month. It offers 24/7 access, superfast WiFi, networking opportunities, discounted meeting rooms, and tailored business support.
The Coworking Unlimited option, which includes weekday access from 8:30 a.m. to 5 p.m., has also been reduced to £150.
Located in Northampton’s Cultural Quarter, Vulcan Works provides serviced office space and access to grant opportunities, masterclasses, and a collaborative business community—making it a strategic choice for cost-conscious SMEs seeking more than just a desk.
Viking Pipeline project approved to support large-scale carbon capture
The UK Government has approved the £200 million Viking onshore pipeline, enabling the development of carbon capture and storage (CCS) infrastructure on the Lincolnshire coast.
The project will see a 55-kilometre underground pipeline built from Immingham to the Theddlethorpe Gas Terminal. Captured CO₂ will then be transferred offshore to the Viking gas fields in the North Sea for long-term storage.
Led by Harbour Energy and supported by BP, the Viking CCS Pipeline is part of a broader decarbonisation strategy projected to attract up to £7 billion in investment across the Humber region by 2035. The initiative is expected to support 10,000 construction jobs and deliver £4 billion in economic value by 2030.
The pipeline’s design includes operational infrastructure such as valves, inspection and venting systems, handling facilities, and temporary construction sites.
After a six-month review by the Planning Inspectorate, which involved input from stakeholders and local authorities, the project received final consent from the Secretary of State for Energy Security and Net Zero.
The Viking fields have the potential to store up to 300 million tonnes of CO₂, with infrastructure designed to handle up to 10 million tonnes annually by the end of the decade.
Perspective Financial Group boosts growth with nine new acquisitions
Perspective Financial Group has made nine acquisitions in 2025, increasing its total to 116 since its inception. The latest acquisitions have added £900m in assets under advice and expanded its client base by 2,100 households.
The deals have also seen the addition of four new office locations across the UK, including Stockbridge in Hampshire, Uckfield in East Sussex, and Grimsby and Waltham in Lincolnshire. The acquired businesses include Square One Wealth Management, Barrie Hough Financial Services, Select Financial Solutions, Friendly Wealth Management, Clarendon Financial Planning, Chapter Wealth Management, Paul Horton Financial Solutions, and Inspirational Financial Planning.
This marks a continued period of rapid expansion for Perspective, completing 50 acquisitions in the last two and a half years. The recent growth supports the company’s strategy of scaling its footprint and increasing its assets under management across the UK.
East Midlands businesses want more office time despite hybrid working productivity boost
New research from leading business and financial adviser Grant Thornton UK finds that the vast majority of businesses in the East Midlands believe that adopting a hybrid working approach has boosted their people’s productivity and wellbeing, yet many are still keen for their people to spend more time in the office than they do currently.
The firm’s latest Business Outlook Tracker*, which surveyed mid-sized businesses across the East Midlands region, finds that 68% of companies are currently adopting a hybrid working approach. Of these, the majority believe that the approach is adding significant value to their business and their people, including:- 78% believe that it has boosted their people’s productivity
- 81% believe that it has positively impacted their people’s wellbeing
- 81% believe that their people prefer a hybrid working approach
- 70% believe that hybrid working is beneficial for their business
Food and drink sector calls for government action to support future growth
The UK’s food and drink manufacturing industry is crucial to the national economy, contributing £37bn and employing nearly 500,000 people. According to the latest Food and Drink Federation (FDF) report, the sector has seen significant growth over the past decade, expanding by 17.9%. It now makes up 24.2% of the UK’s total manufacturing turnover, with widespread impact across regions, from Scotland to Northern Ireland.
While the sector’s contribution to regional economies is clear—accounting for nearly a third of manufacturing in Scotland, and a fifth in both the East Midlands and Northern Ireland—some challenges could hinder future growth. The FDF highlights a slowdown in food and drink exports, particularly to the EU, where trade has dropped more than 30% since Brexit, rising inflation and increased costs due to new packaging regulations. These factors have led to a decline in business confidence within the sector.
Despite these challenges, the FDF sees substantial growth potential, particularly with advances in automation, robotics, and product innovation. The sector is also poised to tap into a £14bn productivity opportunity by embracing digital technology and AI. However, the FDF warns that maintaining this momentum depends on overcoming barriers, including limited investment in innovation, a shortage of skilled workers, and bureaucratic hurdles.
The FDF urges the government to take action by prioritising food and drink manufacturing in national policy. Key recommendations include increasing R&D funding for the sector, simplifying tax credit systems for innovation, and addressing trade barriers, particularly with the EU. The FDF also calls for a more strategic approach to workforce development and the streamlining of regulations, particularly for the 12,000 small and medium-sized businesses that form the industry’s backbone.
Derbyshire tourism business wins national business prize for green growth
Which marketing strategies are most effective in 2025?
- Story-Driven Content Marketing
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- Micro-Influencers for Niche Audiences
- Zero-Click Search Optimization
- Hyper-Personalized Email Campaigns
- Interactive Content That Encourages Engagement
- Sustainability Messaging with Substance
Logistics firm expands UK footprint with new warehouse lease
Bleckmann, a logistics company specialising in fashion and lifestyle brands, has taken over the 1.1 million sq ft warehouse in Daventry previously operated by Boohoo. Once fully operational, the facility is expected to create up to 1,500 new jobs, as Bleckmann increases its UK presence by over one million sq ft, bringing its total UK logistics space to 3.2 million sq ft.
The warehouse, built initially for Arcadia Group in 2019 and acquired by Boohoo in 2021, was sublet to Bleckmann after being vacated in early 2023. The facility is well-equipped with key features such as 68 dock doors, 88 HGV spaces, and 40,294 sq ft of office space. It also benefits from automation systems, including an Automated Storage and Retrieval System (ASRS) shuttle system, designed to improve operational efficiency.
This move is part of Bleckmann’s ongoing UK expansion, which now includes managing logistics for over 60 brands across eight locations. With this new lease, the company aims to support its continued regional growth.
Lindum Group reports £198.8m turnover with rising profits
Lindum Group, a construction contractor based in Lincoln, has recorded a turnover of £198.8 million for the year ending November 2024, reflecting an increase of £12.6 million from the previous year. Pre-tax profits rose significantly, reaching £10.3 million, up from £8.1 million.
The company attributes its success to a culture of close teamwork and a decentralised management approach, which continues to drive performance. Lindum employs 633 staff, 507 of whom hold shares in the company.
The results follow the leadership transition after David Chambers’ retirement as chairman, with Freddie and Edward Chambers now at the helm. The company is committed to long-term growth, prioritising employee involvement and a client-focused, value-driven service.