Waste management firm bolsters senior team with ex-BT customer service specialist
Competition and Markets Authority finds area of concern in £2.5bn housebuilder deal
As Leicestershire-based housebuilding giant Barratt’s £2.5 billion purchase of rival Redrow Homes continues to progress, the Competition and Markets Authority (CMA) has concluded a Phase 1 investigation into the deal.
The CMA has found that overall, the merger does not raise competition issues except for concerns regarding the supply of new build private residential housing in one of the more than 400 local areas where the two companies overlap.
The parties have until 15 August 2024 to offer undertakings to the CMA which would address its concerns and avoid the need for a reference to a full Phase 2 investigation.
Barratt and Redrow say they intend to engage with the CMA on the local area in question centred around Whitchurch, Shropshire which contains four Barratt developments and a Redrow development that has fewer than 10 plots remaining to sell. The proposed undertakings will seek to address the future conduct of sales and build on the Redrow site. No land disposals are being anticipated or proposed.
Joel Bamford, Executive Director for Mergers at the CMA, said: “Prospective homebuyers must not be disadvantaged as a result of deals like this one – with the potential loss of competition leading to even higher house prices or lower quality homes.“Our initial investigation found concerns specifically in one area in and around Whitchurch, the companies now have the opportunity to agree workable solutions which address our concerns rather than move to a more in-depth investigation.”
David Thomas, Group Chief Executive of Barratt, said: “We are pleased that the CMA has found there would be no harm to competition in all but one of the areas in which Barratt and Redrow overlap.
“We remain confident that the combination of Barratt and Redrow will be approved and that it is in the best interests of our customers and wider stakeholders. Together we plan to build on our shared strengths and create an exceptional homebuilder, in terms of quality, service, and sustainability, helping to deliver the homes the country needs.”
Matthew Pratt, Group Chief Executive of Redrow, said: “Barratt and Redrow are two leading housebuilders, with strong reputations for quality, service and sustainability that have been decades in the making. Once the CMA process has completed, we are looking forward to our future as one team, accelerating the delivery of high-quality homes that the country so urgently needs.”
£5.3m sustainable aircraft programme takes off at University of Nottingham
Staveley Waterside Development gets under way
Property consultancy makes new appointments in the Midlands
Only 4 weeks until nominations close for the East Midlands Bricks Awards 2024!
- Most active agent
- Commercial development of the year
- Responsible business of the year
- Residential development of the year
- Developer of the year
- Deal of the year
- Architects of the year
- Excellence in design
- Sustainable development of the year
- Contractor of the year
- Overall winner (this award cannot be entered, with the winner, and recipient of a year of marketing/publicity worth £20,000, selected from those nominated for the event’s other awards)
Nominations end Thursday 5th September








To be held at:

Rolls-Royce wins engine order from Cathay Pacific
Construction company reappointed to deliver £4.4m speculative industrial and warehouse units at strategic development site
43 new businesses created in Charnwood incubator programme
Hundreds of people have sought help from a Loughborough-based startup incubator – with more than 43 new businesses created as a result.
The latest cohort of local entrepreneurs have now completed the fifth cycle of the programme, which first launched towards the end of the Pandemic.
A total of 460 individuals engaged with Charnwood’s Restocking the Business Base programme to seek initial guidance about setting up a business. That was almost double the 250 queries projected when the programme got underway in March 2021.
Of those emerging startups, 101 went on to receive structured support across five cohorts. A total of 43 new businesses were ultimately founded, creating 48 jobs.
Andy Reed OBE, Chair of the Leicester and Leicestershire Business Board, said: “All economies need productive and innovative small businesses and entrepreneurs.
“Programmes such as Restocking the Business Base help to nurture bright new business ideas, which is so important for local employment and growth.”
LUinc – the Loughborough University incubator – has been supporting graduate startups and research spinouts since 2011. It operates from bases on Loughborough University Science and Enterprise Park (LUSEP) and the Careers and Enterprise Hub in Loughborough town centre.
Restocking the Business Base saw LUinc. partner with the Leicester and Leicestershire Enterprise Partnership (LLEP) and Charnwood Borough Council to extend its services to founders from outside the campus.
The aim was to develop a new generation of agile Leicestershire businesses.
As well as access to coworking space and other university facilities, members benefited from free weekly meetings, one-to-one coaching, structured training, and roundtable discussions delivered by a range of experienced experts and entrepreneurs.
Pete Hitchings, Incubator Manager, said: “Bringing together businesses from the university and the local area has grown a diverse community of business owners who are really invested in helping one another to succeed.
“We are now seeing businesses from our earlier cohorts grow and begin hiring new employees themselves.”
Sirius Transformation joined LUinc. in the Spring of 2022 after making an initial inquiry through the Careers and Enterprise Hub.
Founded in late 2021 by former 3M employees, James Whyley and Steven Sleath, Sirius is a process improvement consultancy based on its founders’ extensive manufacturing experience. It has gone on to work with a number of private sector clients in the construction, glass-processing and plastics industries.
Earlier this year, Sirius was appointed the Advanced Engineering and Manufacturing Specialist Advisor for a borough in Gloucestershire, assisting businesses on matters including capital investment, strategic planning, connections to subject-matter-experts, and targeted process improvements.
Charnwood Borough Council and Loughborough University have now collaborated to extend their small business incubation partnership for a further 12 months.
Cllr Jewel Miah, Leader of Charnwood Borough Council, said: “It’s great to see so many local startup companies taking advantage of what’s available through this programme.
“As a Council, we’re committed to supporting a thriving local economy; small businesses are central to that and that’s why we are keen to continue supporting them.”
The original three-year project was part-funded with £314,000 from a Covid-19 Recovery Fund, created using Enterprise Zone Retained Business Rates.
The extended programme, running until March 2025, is now accepting applications from local founders.
Construction of 22 new eco-efficient homes begins in Mansfield
Contractors drafted in to build new energy-efficient council homes in Mansfield have broken ground on-site.