Countdown begins for the 14th Annual Property & Business Investment Lincolnshire Expo – Just 3 weeks away
Chesterfield Canal masterplan launched to boost business and tourism
A masterplan to restore the Chesterfield Canal and develop the surrounding corridor has been launched, aiming to drive economic growth, tourism, and biodiversity.
The plan outlines opportunities for new businesses, water-based training, paddlesports, cycling and walking trails, and habitat restoration. Eighteen hubs have been identified along the corridor, focusing on regeneration between Chesterfield and Kiveton Park.
The initiative, commissioned by the Chesterfield Canal Partnership and developed by Focus Consultants and Sigma Architects, was presented to local government officials, business leaders, and stakeholders in Killamarsh.
The project will be delivered alongside ongoing canal restoration efforts. Since 1989, 12 miles of the canal have been reinstated, with 8.5 miles remaining to achieve full navigation. Local authorities, including Chesterfield Borough Council and Derbyshire County Council, have contributed funding.
The partnership aims to secure additional investment to complete the project and unlock a fully restored canal’s economic and environmental benefits.
EGO Technology acquires Ucan Secure IT to expand recycling capabilities
Burton-on-Trent-based IT disposal firm EGO Technology has acquired Bradford-based Ucan Secure IT, expanding its footprint in secure and sustainable IT recycling.
Founded in 2010, Ucan specialises in recycling redundant IT equipment, including laptops, hard drives, mobile phones, and printers. It operates as a zero-landfill organisation serving businesses, schools, and universities across the UK.
EGO Technology says the acquisition strengthens its position in IT asset disposal (ITAD) by integrating Ucan’s recycling capabilities, which focus on recovering valuable materials such as rare earth metals. The move is part of a broader strategy to enhance UK-based IT recycling solutions that ensure compliance and reduce environmental impact.
Birmingham logistics specialist snaps up Nottinghamshire firm
Pall-Ex Group names new Chief Operating Officer
The Business Hub Work Experience returns to Market Harborough
Construction boss jailed after taking £700,000 from failing companies to fund gambling
“Directors, or those acting as directors such as Grainger-Smith, will continue to be prosecuted by the Insolvency Service if they deliberately and fraudulently put money out of the reach of creditors.”
Grainger-Smith’s offending took place between 2014 and 2017 when he acted in the role of director for Eagleport Ltd, Smiths Constructions Ltd, Smiths Construction Services Ltd, and Smiths Construction Specialists Ltd. Grainger-Smith said that while he was not the director of any of the companies, he was able to exert influence over the official directors and withdraw the money with their knowledge. Between April 2014 and May 2015, Grainger-Smith removed £230,810 from Eagleport’s account. A winding-up order was made against the company one month later in June 2015. Grainger-Smith then removed £110,250 from Smiths Constructions between April and November 2015, with the company entering liquidation in December of that year. In the five months from February to July 2016, Grainger-Smith fraudulently transferred £84,600 from the bank account of Smiths Construction Services. A liquidator was appointed for Smiths Construction Services in September of that year. Grainger-Smith’s final fraudulent removal of company funds came between August 2016 and February 2017, when he withdrew £276,390 from the account of Smiths Construction Specialists. Smiths Construction Specialists, as with the other three companies, soon stopped trading after the removal of the funds, with winding-up proceedings beginning in June 2017. In total, Grainger-Smith fraudulently removed £702,050 from the four companies, with the funds going into his casino gaming account. Grainger-Smith was declared bankrupt in March 2017 and was banned as a company director for five years in July of that year as a result of his misconduct at Eagleport. He was disqualified for a further 10 years in June 2019 for his misconduct at Smiths Construction Specialists.Green light granted for £45m residential development in Witham St Hughs
UK defence spending boost to prioritise SMEs
The UK government has announced new measures to increase small business participation in defence contracts, including SME spending targets for the Ministry of Defence and the launch of a support hub to help firms access supply chain opportunities.
With defence spending set to rise to 2.5% of GDP by 2027, the initiative aims to channel more funds to small businesses, particularly outside London and the South East, where nearly 70% of defence expenditure already occurs. In 2023-24, only 4% of defence spending went to SMEs, prompting the government to act.
The support hub will assist SMEs in securing contracts, financing, and workforce training, ensuring that more companies can contribute to national security while benefiting from the investment. The government sees this as a way to strengthen the UK’s defence industry, accelerate technological advancements, and drive economic growth in small towns and regional economies.
In 2023-24, defence spending supported over 430,000 jobs across the UK, with significant increases in government investment in regions such as the East Midlands, Northern Ireland, Yorkshire, and the North West. The government expects these new measures to boost SME participation further and enhance Britain’s defence capabilities.
Maximising Pension Contributions Before the Tax Year Ends
