Northampton secures £130m regeneration deal for key development sites

April Lara
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Northampton secures £130m regeneration deal for key development sites

West Northamptonshire Council (WNC) and Cityheart have finalised a development agreement to transform Northampton’s Four Waterside and Marefair sites. The £130+ million project will redevelop a long-vacant brownfield area near Northampton Railway Station into a mixed-use hub.

Plans include grade A office space, a hotel, residential units with an extra care facility, and upgraded public spaces. Site preparation is scheduled to begin in autumn 2025 following planning approvals. Public consultations on the broader development will take place in summer 2025.

The project is backed by £1.5 million from The Towns Fund and £7 million from the Northampton Waterside Enterprise Zone. WNC has secured £24.9 million for wider town centre regeneration, with additional developments already underway.

Sanderson Weatherall expands regional reach with Clark Weightman acquisition

April Lara
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Sanderson Weatherall expands regional reach with Clark Weightman acquisition

Commercial property consultancy Sanderson Weatherall has acquired Clark Weightman, a firm of Chartered Surveyors and commercial property consultants based in the Humber region. The deal strengthens Sanderson Weatherall’s presence in Humber, East Yorkshire, and northern Lincolnshire, including key port locations such as Hull and Grimsby.

Clark Weightman brings over 25 years of experience in the regional property market, specialising in agency, business rates, property management, lease consultancy, valuation, healthcare, dispute resolution, and public sector consultancy. The firm’s directors—Andrew Clark, Simon Weightman, and Carl Bradley—will join Sanderson Weatherall as partners, with all staff remaining in their current roles.

Sanderson Weatherall, a certified B Corp, cites economies of scale and regulatory compliance as key factors in the acquisition. Clark Weightman will continue operating under its existing name as part of Sanderson Weatherall, marking the firm’s 11th UK office.

New Economic Growth strategy to see employment, investment and innovation grow in West Northants

Tess Egginton
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New Economic Growth strategy to see employment, investment and innovation grow in West Northants
West Northamptonshire Council (WNC) has set an ambitious strategy to grow the local economy inclusively and sustainably with a focus on increasing productivity and skills.  Businesses in West Northamptonshire will gain greater support to access funding, support networks, and innovation hubs – helping them expand, improve productivity, and create new employment opportunities, following the adoption of the new Economic Growth strategy. The strategy, which was launched in draft form at the West Northants Economic Growth Summit at Silverstone Museum last week (24 February), sets out a vision to drive business growth, job creation, and investment while ensuring West Northamptonshire remains a great place to live, work, visit, and do business. It focuses on twelve key priorities to deliver long-term economic success, with business growth and innovation being central to the plan as well as supporting local businesses to scale up; promoting entrepreneurship and attracting inward investment. The strategy establishes a proactive focus on driving innovative technologies and attracting inward investment from sectors including Advanced Manufacturing, Life Sciences, Clean Energy, Advanced Logistics, Motorsport and Creative and Digital. There is also a recognition of the importance of the Foundation and Experience economies to maintain a high quality of life, including enhancing healthcare, local high streets and growing existing sector strengths. Cllr Daniel Lister, Cabinet Member for Local Economy, Culture, and Leisure at WNC, said: “The Economic Growth strategy reflects our commitment to building a dynamic and resilient local economy that benefits everyone. “Through this plan, local businesses will gain greater access to funding and residents will directly benefit from economic growth, whether through increased job opportunities, access to training and upskilling programmes, or improved career pathways. “The proactive focus on inward investment and sectors which will increase productivity and skill levels will be essential to realising West Northamptonshire’s potential. We want to increase life chances, improve pride in place and showcase West Northants as a must-invest destination. “Our focus on regenerating town centres will enhance the local experience, making these areas more attractive for visitors while encouraging local spending and supporting independent businesses. “Meanwhile, infrastructure improvements, including better transport and digital connectivity, will not only support business growth but also make it easier for residents to access work, education, and essential services. “By embedding sustainability at the heart of our approach, we are also promoting green jobs and industries, creating a cleaner and healthier environment for future generations.” Skills, employment, and inclusion are prioritised in the strategy as well as working closely with education providers and businesses to develop a highly skilled workforce through apprenticeships, training programmes, and career development initiatives that match employer needs. Plans to invest in infrastructure and connectivity to improve transport links, digital connectivity, and commercial spaces, making it easier for businesses to operate and for residents to access job opportunities, are also outlined in the strategy.  Additionally, the strategy commits to town centre and place-based regeneration, revitalising urban areas to make them more attractive for businesses, residents, and visitors with an enhanced retail, leisure, and cultural offering to boost footfall and strengthen local economies.  Developed in collaboration with businesses, education providers, and key stakeholders, the strategy was given the go ahead by councillors at Tuesday’s (March 4) Cabinet meeting.

Lincolnshire council approves 150-home development in Fiskerton

April Lara
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Lincolnshire council approves 150-home development in Fiskerton

West Lindsey District Council has approved plans for a 150-home development in Fiskerton, Lincolnshire, submitted by the Church Commissioners for England.

Concerns were raised about traffic impact, as the initial proposal included a single access point via Corn Close. The council approved the project on the condition that a second access route be created on Hall Lane.

Residents expressed concerns over increased congestion and disruption during construction, while some councillors questioned the scale of the development in the 1,200-person village, which lacks shops and medical facilities.

The developer must submit detailed plans for further approval, including house designs and layouts.

Arup invests £1m in UK nature restoration for carbon credits

April Lara
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Arup invests £1m in UK nature restoration for carbon credits

Arup has committed £1 million to restore 67.5 hectares of degraded land at Boothby Wildland in Lincolnshire, a 617-hectare rewilding project led by Nattergal. In collaboration with Wilder Carbon, the initiative will secure 10,000 tonnes of carbon removal credits over 30 years.

Rather than purchasing land, Arup funds large-scale habitat restoration upfront, a model that aligns with the growing corporate demand for high-integrity nature credits. UK businesses face increasing pressure to meet net-zero targets, with demand for nature-based credits projected to rise 15-fold by 2030 and 100-fold by 2050.

The project will enhance biodiversity, improve soil health, support flood mitigation, and contribute to cleaner air and water. It also aims to set a precedent for private sector investment in ecosystem recovery. The UK has five years left to restore 30% of land and sea by 2030.

Wilder Carbon has certified the carbon credits under industry-leading standards, ensuring measurable and verifiable climate benefits. The partnership reflects a growing trend of businesses seeking long-term, science-backed carbon sequestration and biodiversity preservation solutions.

Owner of Boots to be acquired by private equity firm

Tess Egginton
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Owner of Boots to be acquired by private equity firm
Walgreens Boots Alliance, the owner of Nottingham health and beauty retailer Boots, has entered into a definitive agreement to be snapped up by Sycamore Partners, a private equity firm specializing in retail, consumer and distribution-related investments, in an up to $23.7 billion transaction. The company will continue to operate under Walgreens, Boots and its portfolio of consumer brands. WBA will maintain its headquarters in the Chicago area. Tim Wentworth, Chief Executive Officer, Walgreens Boots Alliance, said: “Throughout our history, Walgreens Boots Alliance has played a critical role in the retail healthcare ecosystem. “We are focused on making healthcare delivery more effective, convenient and affordable as we navigate the challenges of a rapidly evolving pharmacy industry and an increasingly complex and competitive retail landscape. “While we are making progress against our ambitious turnaround strategy, meaningful value creation will take time, focus and change that is better managed as a private company. Sycamore will provide us with the expertise and experience of a partner with a strong track record of successful retail turnarounds. “The WBA Board considered all these factors in evaluating this transaction, and we believe this agreement provides shareholders premium cash value, with the ability to benefit from additional value creation going forward from monetization of the VillageMD businesses.” Wentworth added: “Our trusted brands and deep commitment to our customers, patients, communities and team members have and will continue to anchor our business as we realize our goal of being the first choice for pharmacy, retail and health services. “I am grateful to the more than 311,000 team members globally who are fiercely committed to WBA, our customers and patients.” Stefan Kaluzny, Managing Director of Sycamore Partners, said: “For nearly 125 years, Walgreens, and for 175 years, Boots, along with their portfolio of trusted brands, have been integral to the lives of patients and customers. “Sycamore has deep respect for WBA’s talented and dedicated team members, and we are committed to stewarding the Company’s iconic brands. “This transaction reflects our confidence in WBA’s pharmacy-led model and essential role in driving better outcomes for patients, customers and communities.”

Eurocell makes £29m acquisition

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Eurocell makes £29m acquisition

Eurocell, the manufacturer, distributor and recycler of PVC window, door and roofline products, has acquired Alunet for £29m.

The deal comprises an initial payment of £22 million and deferred consideration of approximately £7 million payable in four annual instalments beginning in 2026. In addition, there is the potential for performance related payments of up to £6m over the same period.

The acquisition strengthens Eurocell’s position in residential aluminium systems and composite doors, and adds garage doors to its product portfolio.

Alunet includes a stable of home improvement brands and comprises four businesses: Alunet Systems, Comp Door, JDUK, and UK Doors (Midlands). 

For the year ended 31 December 2024, Alunet delivered unaudited revenue of £43m and EBITDA of £4.5m.

Alunet’s retained team, led by Chief Executive Steve Hudson, will strengthen the group’s management and Steve will join Eurocell’s Executive Committee. Alunet employs approximately 200 people.

Darren Waters, Chief Executive Officer at Derbyshire-based Eurocell, said: “Alunet is a great acquisition for Eurocell. It significantly strengthens our position in aluminium, enhances our composite door offering, and adds a premium range of aluminium garage doors to our portfolio of home improvement products.

“Alunet has grown rapidly since its establishment in 2013, and under Eurocell’s ownership, we will leverage our leading market positions in new build, trade fabrication and distribution, to help the business reach its full potential.

“On behalf of the Board I am delighted to welcome the management and employees of Alunet to the Group.”

East Midlands Mayor helps more women build construction careers amidst regional skills shortage

Tess Egginton
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East Midlands Mayor helps more women build construction careers amidst regional skills shortage
Mayor of the East Midlands, Claire Ward, has launched a new drive to help attract more women into the region’s construction industry, which faces a shortfall of more than 17,000 people by 2028. The Mayor highlighted the challenge ahead of International Women’ Day on Saturday 8 March, the annual celebration of the contribution women make to the world around us and a rallying cry for gender equality. The launch was made at an event co-hosted by Nottingham College at the brand new £4.5m Construction Skills Centre at its Basford campus. This year, International Women’s Day has a theme of ‘Accelerating Action’, and Mayor Claire says the need to bring more women into construction is an urgent example of where progress still needs to be made. Alongside Nottingham College CEO and Principal Janet Smith, the Mayor welcomed female leaders from regional construction employers and senior women in education and skills. They saw first-hand the work being done at the college to bring more women into the construction industry and chatted to a group of female students. Mayor Claire used the event to announce that the East Midlands Combined County Authority’s Careers Hub will fund Future Makers, a new initiative connecting young people with businesses, offering hands-on industry experience and guidance to help them explore career pathways. She said: “Encouraging and enabling more women to aim high in life isn’t just the right thing to do, there’s clear evidence it’s vital to the future of our economy. “The forecast skills shortage in construction will not be solved if it remains a male dominated environment. That isn’t just bad for gender equality, it risks holding back ambition and restricting our ability to build and grow. “I’m therefore proud to announce our commitment to the Future Makers project so we can play an active role in breaking down barriers for young women entering construction, offering them the support, confidence, and connections they need to succeed in a traditionally male-dominated industry. “It’s been inspiring to meet and talk with students here at Nottingham College, to see them in action and to understand their passion for progress. In construction and other industries, we need to open up opportunities and encourage women and girls to believe that anything is possible.” Nottingham College CEO and Principal Janet Smith added: “The construction sector in the East Midlands is booming, to the point where we have almost struggled to keep up with demand for skills training. “The new Construction Skills Centre at our Basford campus is part of the answer to this challenge. We have invested heavily in state-of-the-art facilities which combine hands-on skills development with fully digitised classrooms. “While the numbers of women in the industry remains comparatively small, we’re seeing rising demand from female applicants for our courses, not just in traditional trades but in new areas of the industry where there is increasing momentum, such as photo-voltaics, heat pumps and other green skills.”

Midlands Consortiums secure £40.8m to boost electric charge points

Tess Egginton
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Midlands Consortiums secure £40.8m to boost electric charge points
Thirteen local authorities across the Midlands region have received £40.8m of Government funding aimed at getting more electric vehicle charge points into areas with limited off-street parking. A partnership of eight local authorities across the Midlands region, led by Lincolnshire County Council and Worcestershire County Council, have successfully bid for £20.64m of funding. These two consortiums are the last to be approved for funding after five other local authority partners, being led by Nottinghamshire County Council, secured £20.17m, therefore totalling £40.8m of funding for the partnership overall. The funding comes from Government’s Local Electric Vehicle Infrastructure (LEVI) fund, which will help deliver more than 16,000 charge point sockets across the region, with exact numbers determined as part of future contracts. The bid was submitted in 2024. The thirteen local authorities include Derby City Council, Derbyshire County Council, Lincolnshire County Council, Herefordshire Council, Nottingham City Council, Nottinghamshire County Council, Staffordshire County Council, Stoke-on-Trent City Council, Telford & Wrekin Council, Worcestershire County Council, Warwickshire County Council, Leicestershire County Council and Rutland County Council. Almost 31% of Midlands residents do not have access to off-street parking. It is hoped that increasing the number of public on-street charge points will make it easier for those without a driveway to make the switch to an electric vehicle. This will also increase the ease of travel and charging for all EV users in the county. Two of the Midlands Consortiums tenders are out now with the final consortium to go to procurement Spring 2025, with a five-year delivery aim to install these across the partnership area. Future of Roads Minister, Lilian Greenwood, said: “Making charging as seamless and as easy as possible is a crucial to making the switch to electric a success, and rolling out over 16,000 chargers across the Midlands will make driving an EV cheaper and easier, especially for those without a driveway. “Electric vehicles will power growth, cut emissions and improve lives in the Midlands and beyond, as we continue to deliver our Plan for Change.” Councillor Marc Bayliss, Worcestershire County Council’s Cabinet Member for Highways and Transport, said: “I’m pleased that Worcestershire, alongside other local authorities, has been successful in this bid for significant funding towards boosting electric vehicle infrastructure. “It’s hoped that installing more public chargepoints, will not only support those who already have an electric vehicle, but also encourage others to make the move towards purchasing one.” Maria Machancoses, CEO of Midlands Connect, said: “We are delighted that our collaboration with local authorities has resulted in a significant funding boost for electric vehicle infrastructure across the region. “This is a great step in moving towards a reliable electric vehicle charging infrastructure network across the Midlands, which will become increasingly important as we move closer to the 2035 ban of diesel and petrol vehicles. “We will continue to work with local authorities to accelerate the roll-out of electric vehicle infrastructure across the Midlands.”

Leicestershire Business Voice appoints new chair

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Leicestershire Business Voice appoints new chair
Leicestershire Business Voice (LBV), the business advocacy group for Leicester and Leicestershire, has appointed Sue Tilley as its new chair. Sue brings significant experience to her new role including economic strategy, inward investment, business innovation, partnerships between business and education, and business development, in both the public and private sectors. Sue will direct the LBV board members as they develop and deliver a strategy to support the business community in Leicester and Leicestershire. This will include advocating for members and the wider business sector with key local, regional and national stakeholders, running a programme of strategic business-themed events throughout the year and growing the membership of LBV through the new 100 Club initiative. Sue will replace outgoing chair, Robin Pointon, who steps down after four years as chair. Robin will remain on the board of LBV. Robin Pointon said: “I am delighted that Sue Tilley is our new LBV chair. Her knowledge of the local business community and key stakeholders is exceptional. More than this, she commands great respect across all sectors and so well suited for this role.” Sue is founder and director of Sue Tilley Associates and a member of the board of trustees at the Leicestershire Education Business Company. She was previously head of inward investment, economic strategy manager – business, head of business, innovation and partnerships, and head of the Leicester and Leicestershire Enterprise Partnership (LLEP). Prior to that, Sue was head of inward investment at Prospect Leicestershire, worked in sales director, business development director and general manager roles, and was owner and managing director of the Classy Rags clothing company. Sue Tilley said: “LBV is an ideal platform with which local businesses can get involved and make a difference. I’m so proud to have been selected to lead such a trusted business group as LBV and look forward to working with the rest of the board, a group of vibrant business leaders, all invested in the growth of the local business sector. “Through my professional work, I’m a strong advocate for business in Leicester and Leicestershire. I understand how important relationships are with key stakeholders such as councils, MPs and universities, and having been in a start-up business of my own, I’m passionate about driving opportunities for the local SME community.”
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