Friday, October 31, 2025

Council allocates £1.3m to support Ollerton regeneration

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Newark and Sherwood District Council is preparing to allocate £1.33 million to address a funding shortfall in the Ollerton Regeneration Scheme. The project, backed by £20 million from the UK Government’s Levelling Up Fund, aims to redevelop Ollerton town centre with new facilities and public spaces.

Council documents confirm that additional funding is required to finalise the business case and avoid delays. The scheme will include a cinema, café, public sector hub and housing. Adjustments to the original plans have been made to control rising construction costs, such as reducing part of the public sector hub to a single storey and separating the cinema and café from the main building.

The hub is intended to offer community services, including advice, support, and adult education. The council is expected to review the business case this week, with a planning application anticipated later this month.

The regeneration project is part of a wider investment across Nottinghamshire, designed to revitalise local economies and improve public access to services through mixed-use developments.

Businesses told to leave Pleasley Vale Mill One over safety concerns

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Operations at Mill One in Pleasley Vale Business Park have been halted following safety advice from the Derbyshire Building Control Partnership. Bolsover District Council has instructed all businesses based in the building to vacate immediately.

Council Leader, Councillor Jane Yates said: “This is a very upsetting situation but our absolute priority is the safety of the businesses in the Mill. We have been advised to immediately close, empty and secure the building for safety reasons. We understand this is a huge upheaval for the businesses involved and we will do absolutely everything in our power to help them, but we must put safety first.”

The council is offering assistance to help affected companies relocate and has made financial support available to ease the transition. The decision follows a structural assessment that raised concerns about the safety of the historic mill.

The site, which has been part of the district’s industrial landscape since 1784, has served multiple purposes over the centuries, including as a cotton mill, munitions factory, and business hub. The council is seeking expert guidance on the issues identified and will review future options for the Mills to preserve their heritage while ensuring public safety.

Nottingham developer’s £151K fundraiser to send scores of children to Lapland

A Nottingham developer has smashed its fundraising target to send dozens of sick children and their families to visit Santa Claus in Lapland. Arran Bailey, managing director of ALB Group, hosted a ‘Night at the Fair’ charity black tie ball at Goosedale in Papplewick on Saturday 11 October. Thanks to the generosity of local business people and celebrities, £151,040 was raised for local charity, When You Wish Upon A Star Foundation’s Lapland trip. The achievement means ALB Giving can now fund seats on the plane for between 35-40 children and their families. The total sum needed to fund the plane was £130,000. Arran said: “When You Wish Upon a Star is a charity close to my heart. The work they do is inspiring. “We set ourselves an ambitious target to raise enough donations to sponsor a plane to fly children with life threatening and terminal illnesses to Lapland for an unforgettable opportunity to meet the real Santa Claus. Thanks to everyone’s generosity, we have achieved that goal. “I’d personally like to thank all those who bought tickets to the ball, donated prizes, made a bid at our charity auction or bought raffle tickets. We’ve been blown away by your generosity, and I cannot thank you enough. “What we have achieved together for the children is tremendous.” ALB Giving, the charity arm of ALB group, announced the black-tie event in May. Within 24 hours 75 per cent of the tables available had been snapped up. Guests flooded in from a range of Nottinghamshire businesses with high profile names including Carl Froch and his wife, and TOWIE’s Tommy Fordham. Donations for raffle prizes and auction lots included signed boxing gloves donated by both Carl Froch and Leigh Wood. Experience trips up for grabs included a private tour of the Ferrari garage in Italy, donated by Graypaul Nottingham, and opportunity to meet and greet Tommy Fordham and design your own trainers working with his brand Ctrne. The star prize of the night for a ticket on the plane to Lapland created fierce bidding with bids starting at £1,000. This quickly soared to £10,000.00, at which point the bidding was halted by guest auctioneer and sports commentator Darren Fletcher, and four different people agreed to pay the same price putting a wallet busting £40k into the charity’s pot. When You Wish Upon a Star was founded in Nottingham by Barbara White CIOF OBE. It is celebrating its 35th anniversary this year. Since 1990, the charity has granted over 19,300 Wishes to sick children across the UK. Its specially chartered Santa Express flight to Lapland is the highlight of the year and helps children to swap hospital beds for sleigh rides and Santa Claus meets. Arran said: “As a successful Nottingham firm that champions our hometown, we wanted to give back to our supporters and community. To put on a ‘never to be forgotten’ event, to thank our friends, customers and contacts whilst also raising a tremendous amount of money for such a worthwhile charity has been a privilege.” Joe Williamson, CEO of the charity, said: “Everyone at When You Wish Upon a Star has been so excited about the ALB Giving Ball and the incredible opportunity it presented to make dreams come true for the children we support. A trip to Lapland is one our wish families will never forget. “Events like this are the heartbeat of our charity, and it’s truly heartwarming to see such generosity and enthusiasm from everyone involved. I want to extend my huge appreciation to the entire ALB team for their unwavering commitment and support, your passion and kindness are helping to create magical moments that these children and their families will cherish forever.”

Major fit-out complete at MIDFIX’s new Nottingham HQ

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Accent Office Interiors has completed a 100,000 sq ft headquarters fit-out for MIDFIX, an expert in onsite and offsite support systems for the mechanical and electrical industries. Located at the newly developed Power Park Industrial Estate in Nottingham, this large-scale project marks another milestone in the partnership between Accent and MIDFIX. The eight-month project was delivered in two phases to ensure a seamless transition with minimal disruption to MIDFIX’s business operations. Phase 1 comprised the warehouse and workshop fit-out, completed in time for MIDFIX’s operational relocation in April. Phase 2 focused on the design and fit-out of premium office spaces, culminating in a successful relocation in August. “This project has been an incredible journey from concept to completion,” said Rodney Hibbert, sales director at Accent Office Interiors. “It’s been extremely rewarding to help transform MIDFIX’s new home into a space that not only unites their operations under one roof but also positions them for continued growth. The results are outstanding and a testament to the hard work, collaboration, and dedication of everyone involved.” The warehouse fit-out included full power distribution, energy-efficient LED lighting, and an advanced fire alarm system. Accent also delivered a bespoke workshop facility to support MIDFIX’s pre-fabrication division in both metal and woodworking. The new office environment was designed with modern functionality and staff well-being in mind. Accent constructed a two-tier mezzanine floor with a concrete subfloor, extending the raised access flooring to create a continuous, cohesive workspace. Key features include open-plan office areas, a canteen and meeting room suite, a fully equipped gym, dedicated locker room, and enhanced WC and shower facilities. “The final outcome was amazing,” said Angela Potts, head of business services at MIDFIX. “Staff absolutely love it, and the feedback has been incredible. This is largely credit to Accent – listening to us and finding solutions.”

Inflationary pressures soften in September for East Midlands businesses

East Midlands firms signalled a fresh fall in output during September, according to the latest NatWest Regional Growth Tracker, but inflationary pressures eased on the month. At 47.4 in September, the headline NatWest East Midlands Business Activity Index was down from 53.3 in August, and indicated a drop in output levels. Nonetheless, the average reading over the third quarter was the highest since the final three months of 2024. The decrease contrasted with growth seen in August, as companies highlighted weak demand conditions and a steep downturn in new orders. The pace of decline in new business quickened, as a subdued sales environment also dampened business confidence and employment. Meanwhile, cost pressures eased to the softest in nine months, with East Midlands businesses moderating the pace of charge inflation in a bid to remain competitive and drive new sales. Lisa Phillips, regional managing director, Midlands and East, commerical mid markets, said: “There’s been grounds for optimism in September as the pace of increase in input prices softened to the slowest in 2025 to-date. Subsequently, firms were able to offer more competitive prices to their customers, as the pace of output charge inflation also cooled. “However, the region’s private sector ended the third quarter on a less stable footing as a drop in new orders led output to dip into contraction territory. Customer hesitancy and uncertainty in the economic outlook weighed on demand conditions and business confidence.” Performance in relation to UK The contraction in output diverged from the UK average which signalled broadly unchanged activity levels on the month. September data indicated a further contraction in new business at private sector firms in the region, with the rate of decline accelerating. The pace of decrease was softer than the recent record seen in July, however. The contraction in new sales was the strongest of the 12 monitored UK areas. Although East Midlands firms remained confident of a rise in output over the coming year the degree of optimism slipped and was below the series average. Nonetheless, the level of confidence was only slightly below the UK trend. East Midlands private sector firms registered a sharper decline in employment at the end of the third quarter. The strong decrease was sharper than the UK average, but less marked than was seen on average at the start of the year. Reduced pressure on capacity at firms was signalled through a further contraction in backlogs of work during September. Of the 12 monitored UK areas, only Wales recorded a steeper decline in unfinished work. Private sector firms in the East Midlands indicated a further rise in cost burdens during September. Higher operating expenses were linked to hikes in wage bills, as well as greater raw material and transportation prices. The rate of increase was the second-slowest of the 12 monitored UK areas, faster than only the North East. In an effort to remain competitive, companies recorded a less marked rise in output prices in September. The pace of increase was the weakest in three months and below the series trend. The rate of charge inflation was also softer than the UK average, with only Wales, the North West and Scotland seeing slower upticks in selling prices.

Plans lodged for next phase at Derby’s Castleward redevelopment scheme

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A planning application has been submitted for the next phase of the Castleward redevelopment in Derby. Phase five will see 167 new homes built around Canal Street and New Street, with 30% being affordable homes. Castleward is a partnership project between Derby City Council, regeneration specialists Compendium Living, housing developer Lovell Partnerships, and Homes England. The £100 million development, situated between Derbion shopping centre and Derby Midland Station, is one of the city’s largest housing projects. In total, the scheme will provide around 700 new homes, as well as green space and nearly 35,000 sq ft of commercial retail space. It is a long-term placemaking project, being delivered over a period of 15 to 20 years. Councillor Shiraz Khan, cabinet member for housing, strategic planning and regulatory services, said: “I’m excited to see work begin on this fifth phase of Castleward Urban Village, but for now we will let the planning process run its course and look forward to an outcome later this year. “The multi-million-pound Castleward regeneration scheme has already breathed new life to this city centre brownfield site, providing hundreds of new homes, a new school, new independent businesses, and a more attractive route between the Derbion and the railway station. Delivering the final phase will help us build a Derby to be proud of.” Bruce Lister, managing director of Compendium Living, said: “We are delighted that the plans for the next phase of Castleward have been submitted, Castleward is such a significant project for us, and we take great pride in delivering this massive project alongside our partners. We are eager to continue to offer a mix of high-quality housing in the area for the people of Derby, if the planning application is successful.” Beth Bundonis, regional managing director at Lovell in the East Midlands, said: “The latest phase of our Castleward development highlights the continuation of vital regeneration work. Subject to planning approval, we’re excited to deliver the next chapter of this dynamic city quarter in partnership with Compendium, Homes England and Derby City Council.”

Splitstone Capital moves to acquire UK lead recycling business Ecobat Resources

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London-based private equity firm Splitstone Capital has agreed to acquire Ecobat Resources UK Limited, the country’s largest lead battery recycling business, from US parent company Ecobat LLC.

The deal, structured as a corporate carve-out, will see Ecobat Resources transition to standalone ownership under Splitstone’s management. The company operates Europe’s biggest lead battery recycling plant in Matlock, Derbyshire, along with a sheet lead production facility in Welwyn Garden City.

Together, these sites form the UK’s largest integrated lead recycling and refining operation, processing used lead-acid batteries and scrap lead into refined materials for use across automotive, industrial, and construction sectors. The company achieves a lead recovery rate of more than 99%, contributing significantly to the UK’s circular economy.

Splitstone will fund the acquisition through £100 million in committed capital, alongside £40 million in additional facilities to support future growth.

Peter Foxwood, Managing Partner of Splitstone Capital, said: “Ecobat Resources UK is a strongly-performing market leader with a vital and enduring role in the circular economy. We are excited to support the Managing Director, John Manning, and his team as they build on the company’s impressive heritage. This transaction exemplifies the kind of complex carve-outs we actively seek out, where focus, pace and creativity are essential to deliver a successful outcome.”

The deal remains subject to regulatory approvals and customary closing conditions.

South Nottingham industrial units snapped up

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Midlands-based property developer and asset manager, Rotherhill, has completed the sale and letting of two industrial units at the Nottingham South and Wilford industrial estate. The disposals follow Rotherhill’s acquisition of the units in February 2024. The property was purchased with residual income, with the two units combined and occupied under existing lease agreements that expired within six months of the purchase date. The two units are situated within a wider terrace and extend to 9,713 sq ft and 24,732 sq ft respectively. Unit 21 (9,713 sq ft), comprising a modern warehouse with integrated offices and benefitting from extensive on-site parking, was sold earlier this year to Eden Tyres & Servicing. Unit 22/23 (24,732 sq ft) has been let on a 10-year full repairing and insuring lease to Cellcom Limited. Cellcom is the official UK supplier for DJI, one of the world’s largest drone manufacturers, and Dreame Technology, a home appliances specialist. The new lease will support Cellcom’s expanding distribution operations as well as its retail presence, with flagship outlets on Regent Street and in Westfield White City in London, and Corporation Street in Birmingham. Both transactions involved collaboration with several Nottingham agents, Will Torr of heb, Tim Gibertson of FHP, and Sean Bremner of CPP. Will Torr, partner at heb Surveyors, said: “Due to the strength of the location, units rarely trade on Nottingham South & Wilford Industrial Estate and this formed a significant part of the initial acquisition rationale. It has been a collaborative effort to see both units now occupied by thriving independent East Midlands based businesses.” Tim Gilbertson, director, FHP, added: “A pleasure once more to help Rotherhill with the disposal of these units, a real team effort saw us identify and secure deals with the two eventual occupiers, both taking advantage of the fabulous ‘south of the river’ location that this estate offers in Nottingham.” Sean Bremner of CPP said: “We are delighted to have secured Cellcom for Rotherhill. We were aware of this enquiry upon our agency appointment and worked hard to convince Cellcom this was the right solution to their requirement. We wish them every success in their continued business expansion.” Ed Jeffrey, director at Rotherhill, said: “We’re pleased to have sold Unit 21 earlier this year to Eden Tyres, a large East Midlands family-run business, and to have brought a respected national occupier into Unit 22/23. It’s great to have helped facilitate their continued growth and success. “The disposals are a result of the excellent advice provided by our retained agents, heb, FHP and CPP, throughout. These new occupiers add to the quality of the industrial estate generally and both transactions underline the continued demand for well-located, modern industrial space which is in short supply.”

Derbyshire childcare apprenticeship expert wins Outstanding Contribution Award

A Long Eaton childcare apprenticeship expert has been recognised nationally for her exceptional impact on the early years sector. Kate Bickley, head of apprenticeships at Storal, has won the Outstanding Contribution Award at the Nursery World Awards 2025, which celebrate excellence across early years education. Kate has devoted her career to early years education for more than two decades. She began as a nursery nurse in 2000 and has gone on to specialise in training and workforce development. Over the years, she has supported hundreds of apprentices to qualify and progress, while also helping colleagues across the sector grow in confidence and skill. Today, she leads Storal’s national apprenticeship programme, shaping the careers of the next generation of early years professionals. The Outstanding Contribution Award recognises an ‘unsung hero’ in early years education – someone whose dedication, experience and support for others make a lasting difference. Kate became head of early years apprenticeships for Storal following the acquisition of Children 1st Day Nurseries in 2024. Prior to this, she spent more than a decade as director of training at the Children 1st Academy, where she was responsible for the professional development of more than 600 staff across 24 nurseries. Commenting on her award, Kate said: “I’m absolutely over the moon. Supporting apprentices and colleagues to develop their skills and confidence is something I’ve always been passionate about, and to see so many of them flourish in their careers is what makes this job so special. To be recognised in this way for doing something I love means the world to me.” Sarah Mackenzie, CEO of Storal, said: “Kate thoroughly deserves this award, and we are incredibly proud to see her contribution recognised on a national stage. “She has devoted her career to training and supporting others, and the results speak for themselves. Over the years, she has guided hundreds of apprentices and colleagues, helping them to gain qualifications, grow in confidence and build lasting careers in early years education. “What sets Kate apart is her ability to combine real expertise with genuine care for the people she supports. She inspires those around her and is a role model for both new entrants to the sector and experienced practitioners alike. We are lucky to have her as part of Storal.”

Cooper Parry expands Scottish operations with Hutcheon Mearns acquisition

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Cooper Parry has strengthened its Scottish presence through the acquisition of Aberdeen-based financial consultancy Hutcheon Mearns. The move follows the firm’s rapid growth in Edinburgh and forms part of a broader national expansion strategy.

Hutcheon Mearns, founded in 2015, employs more than 70 staff across Scotland and London. The firm specialises in finance team development, corporate finance, M&A advisory, and process optimisation through business and artificial intelligence tools. Its client base spans energy, manufacturing, food and drink, technology, professional services, and real estate sectors.

This is Cooper Parry’s sixth acquisition since partnering with New York private equity firm Lee Equity Partners earlier this year. The deal pushes its pro forma turnover past £250 million, supporting its long-term goals of reaching £600 million by 2028 and £1 billion by 2030.

The integration brings Cooper Parry’s Scottish workforce to around 100 employees and broadens its service offering across the UK and Ireland. The firm aims to leverage Hutcheon Mearns’ expertise and regional reputation to accelerate growth in advisory and finance transformation services nationwide.

Ade Cheatham, CEO, Cooper Parry, said, “There’s such pace and energy for us in Scotland right now. Our vision is all about new capabilities, new tech and new markets. What Craig and Adam have built creates an awesome people-first footprint for us to roll out UK-wide. Together, we’re not just building a firm, we’re building a movement.”

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