West Northamptonshire Council allocated more than £7m to boost local economy

West Northamptonshire Council has been allocated more than £7m in funding from the Government to boost the local economy over the next three years. The money will be used to improve people’s life chances, increase skills, create stronger communities, and support local businesses. It is made up of £5.4m from the UK Shared Prosperity Fund, the largest allocation in the South East Midlands, and a potential allocation of up to £1.9m in Multiply funding, which both replace previous strands of European social funding. The Shared Prosperity Fund is intended to:
  • Boost productivity, pay, jobs and living standards by growing the private sector
  • Spread opportunities and improve public services
  • Restore a sense of community, local pride and belonging
  • Empower local leaders and communities
Multiply funding is specifically targeted at improving numeracy as better education in this area has been shown to improve people’s chances of progressing their careers. Its allocation is dependent on a robust business case. Its primary aims are to:
  • Result in more adults achieving maths qualifications
  • Improve outcomes for employers
  • Increase general numeracy levels
The council will work with partners and providers to develop proposals to deliver these funds which will have the greatest beneficial impact for West Northamptonshire and support the local community. Cllr Dan Lister, cabinet member for economic development, town centre regeneration and growth, said: “This money will help us ensure that residents, businesses and communities in West Northamptonshire have the support they need to grow and adapt to our changing economic landscape. “In collaboration with stakeholders, community groups and local partners, we will analyse the greatest needs for West Northamptonshire and develop proposals to best address the opportunities using these funding pots. “We are dedicated to supporting and growing the local economy, particularly as it recovers from the pandemic. It is the vision for WNC to deliver economic prosperity in this area, making it a place where everyone will thrive.”

Plans submitted for work to transform Swadlincote town centre

Plans have been submitted for the redevelopment of an area at the centre of Swadlincote. The work planned by South Derbyshire District Council, subject to planning permission, would see a multi-functional event space created on the site of the former covered market in Midland Road. Events such as theatre and performance, specialist markets and open-air cinema are envisaged in addition to the site being available for free car parking. Frank McArdle, South Derbyshire District Council’s Chief Executive, said: “I am pleased that we are able to submit detailed plans and illustrations for the regeneration of a major part of Swadlincote town centre. “The plans also include work to be carried out to clear the former Sabine’s Yard site off Belmont Street and demolish the former Bank House building off Midland Road. “This will allow the creation of a pocket park with a small wildflower meadow, a picnic lawn, trees, a play area and a considerable amount of free public parking at the northern part of the site. “A further 63 additional free public car parking spaces will be provided on the site of the former Bank House building. However, the five large trees on the approach from Civic Way will remain and be protected. “If approved, the work would be carried in conjunction with the replacement of the surface and complete refurbishment of The Delph area in the centre of the town.” The plans will be considered by South Derbyshire District Council’s Planning Committee and, if approved, the work would be completed by the Spring of next year.
Early illustrations of the proposed plans.

“Major constrain” for East Midlands businesses as fewer people available to fill jobs, says Chamber as unemployment rate remains low

The East Midlands’ unemployment rate remains the second-lowest in the country, after it was recorded at 2.7% for the period between February and April 2022. This came in at 1.1% below the national average of 3.8%, with only Northern Ireland (2.6%) lower, according to the Office for National Statistics’ latest regional labour market figures. However, the East Midlands’ economic inactivity rate – which measures the proportion of 16 to 64-year-olds who have exited the labour market for reasons such as retirement, caring duties, long-term ill health or studying – climbed by three-tenths of a percentage point to 22.2%, which is well above the UK average of 21.3%. The latest data follows confirmation the UK’s GDP shrunk by 0.3% in April. East Midlands Chamber Chief Executive Scott Knowles said: “While on the face of it a low unemployment rate is a positive for the region’s labour force, this trend shows there is a major constrain on businesses when it comes to finding the staff they need to fill key jobs. “The ONS figures reflect what we are finding in the East Midlands, where two-thirds (66%) of businesses attempted to recruit new employees in the second quarter of the year but 82% of these struggled to find people, according to our latest Quarterly Economic Survey. “Four in 10 businesses told us they are now at full capacity, which strongly suggests they need staff to meet high demand. From our conversations with members, industries such as manufacturing – which are important drivers of economic output – are struggling the most due to early retirement among workers and a lack of skilled workers to replace them. “When combined with inflationary pressures that are now hitting cashflow and investment intentions, this perhaps explains why GDP has now dropped as ultimately businesses are constricted in their ability to make the productivity gains that will drive the economic recovery. “We need to find ways of bringing people back into our labour market. Flexible working practices, rapid retraining opportunities and a focus on workplace health can support many economically inactive people to return to the workplace. “But for some roles where there is clear evidence of a national skills shortage, firms need access to people at all skill levels from outside the UK. As well as issuing temporary and seasonal visas, the Government needs to urgently review the shortage occupation list.”

New associate solicitor joins Sills & Betteridge’s Residential Property Team in Nottingham

Sills & Betteridge LLP has recently appointed Sanjeve Kumar to its Residential Property Team in Nottingham. Qualifying as a solicitor in 2007, Sanjeve joins the firm as an associate solicitor. He comes with a reputation for being an ultra-efficient, clear-thinking lawyer – his approach always to provide solutions-focused advice and straightforward assistance to individuals, businesses, investors, developers and landowners. He will work on a wide range of residential property matters, including sales and purchases of freehold and leasehold properties, re-mortgages, equity release, transfer of equity and new build conveyancing. Head of the Residential Property Team, Edward Sharpe, is delighted Sanjeve has joined the team: “We have a very committed team of property lawyers in Nottingham and Sanjeve will fit in perfectly with his drive to always go the extra mile for his clients. He has worked in the East Midlands area for over 16 years and brings with him a wealth of local knowledge and insight.” Sanjeve says: “I am delighted to have joined a Legal 500 Leading Firm, which has such a strong reputation for excellence in the legal services it provides. As a full-service law firm it has a wide range of fantastic lawyers each highly skilled in their own area of law, which my clients have access to should their requirements extend beyond property law. As the market continues to evolve, clients need the skills of forward-thinking lawyers and I am pleased to be part of a team that offers this.” Sanjeve will be based at 4 George Street in the Hockley area of the city. The firm relocated from King Street in March 2020 just as the city was about to go into lockdown. The office is now fully operational – internal renovations to the building which is considered to be of ‘special architectural interest’ are now complete with external decoration to commence mid June.

Earthworks begin on major Ashby-de-la-Zouch logistics scheme set to create 1,000 new jobs

GLP, an investor and developer of logistics warehouses and distribution parks, has begun earthworks on the site of G-Park Ashby-de-la-Zouch. G-Park Ashby is a 48-acre development site benefitting from an outline planning permission to deliver build-to-suit logistics warehouse opportunities of up to 736,487 sq ft. Earthworks are progressing rapidly and are expected to be finished by early 2023, with the full development set to complete by Q1 2024. The site can be developed as either one single unit or two units, depending on customer requirements, with clear internal heights of up to 18 metres. The development will be BREEAM Excellent and WELL ready, and will feature a range of sustainability features including rainwater harvesting and energy tracking and consumption tools for customers. Adrienne Howells, senior development director at GLP, said: “G-Park Ashby is an exciting addition to our portfolio in the Midlands and indicates our ongoing confidence in opportunities in the Golden Triangle, following the success of projects such as Magna Park Lutterworth. Trends such as e-commerce have buoyed already high demand for prime logistics space, particularly high-quality, conveniently-located, sustainable facilities such as this. “Not only will this new development bring excellent opportunities for our customers; it will also boost employment in the region, creating almost 1,000 new jobs and providing major benefits for the local economy. Once again, we are planning our development with place-making as a priority, focusing on environmental features such as our ponds, green open spaces and our G-Hive bee programme.”

Investment firm swoops for Lincolnshire agricultural equipment specialist

The listed Japanese conglomerate, Marubeni Corporation, has signed an agreement to divest Spaldings to investment firm, Inspirit Capital. Established in 1956, Spaldings has grown to be the UK and Ireland’s largest distributor of tillage aftermarket equipment, as well as an emerging player in professional groundcare, forestry and industrial products. Lincolnshire-based Spaldings employs over 140 people and has a network of over 30,000 customers. The business also benefits from a number of exclusive or preferred distribution agreements with product manufacturers, as well as an in-house design team focused on the Spaldings own brand product range. Inspirit Capital is a London-based investment firm that specialises in acquiring businesses that are no longer core to their parent company’s strategic objectives and require a different ownership structure to achieve their full potential. Will Stamp, founding partner at Inspirit Capital, says: “We are very pleased to be investing in Spaldings, which again reinforces Inspirit’s status as a trusted counterparty for large corporations. We have been impressed by the loyal customer base at Spaldings, as well as the best-in-class service offering. We are excited about the prospect of continuing to grow the business, both organically and through select acquisitions.” Inspirit has assumed ownership with immediate effect and is making the investment from Inspirit Fund I. As part of the transaction, the business will also benefit from a funding line with Leumi ABL in excess of £10million. Inspirit was advised on the transaction by BDB Pitmans (legal), FRP Advisory (debt), European Valuations (collateral review) and LSH (property).

20-year vision for A46 corridor to boost economy by £7.1 billion

Sub-national Transport Body Midlands Connect is today presenting its 20-year vision for the A46 corridor, with improvement plans predicted to boost the economy by £7.1 billion over the next 60 years. The A46 corridor, a major cross-country route, spans 155 miles from Gloucestershire to Lincolnshire. Home to a variety of sectors including automotive, aerospace, advanced manufacturing, textiles and agriculture, it has an economic output of £115 billion a year. Future projections along the corridor have shown that significant growth is expected over the next 20 years, with 600,000 new residents, 150,000 new jobs and 250,000 new homes expected by 2041. Midlands Connect’s 20-year vision for the A46 aims to future proof the route and if delivered in full, could boost the national economy by an additional £7.1 billion over 60 years. It will also bring 150,000 new jobs to the region. Suggested interventions include improving junctions, roundabouts and reducing congestion at pinch points along the route. The vision was presented today at the transport body’s A46 Conference, taking place at Coventry University Technology Park. The conference saw technical experts and representatives from Local and National Government delivering a number of keynote speeches and panels on improving the corridor and maximising productivity. The transport body is now seeking Government support to fund the improvements needed as new residents, homes and jobs are projected along the corridor over the next 20 years. Midlands Connect CEO Maria Machancoses said: “Today’s Conference highlighted the urgent need for a long-term, national, and holistic approach into improving the A46 Corridor. I was delighted to see so many leading representatives from local government, industry, trade bodies and local organisations. “As our speakers attested to today, it is crucial that this road continues to prosper and grow, and to remain a key place of physical and digital connectivity for all. This is truly a levelling up programme and we will continue to work the National Highways and the Department for Transport to make it a reality.” Sir John Peace, chairman of Midlands Connect, who gave the closing remarks, added: “There is no doubt that the A46 Corridor is a hugely significant route for trade, business, and the economy. A variety of industries and businesses are housed along the corridor, all of which depend upon a reliable road network to connect to major international gateways like Birmingham Airport, the two Freeports at East Midlands Airport and the Humber. “With significant growth also predicted along the corridor over next 20 years, our proposed improvement plan is critical to ensure the A46 can support such growth and keep the UK economy running.” Councillor Mark Cargill, chair of the A46 Partnership, said: “The A46 Partnership was formed to understand the crucial role of the A46 route in benefiting the local economy of the Midlands, alongside the wider UK economy. As chair of the Partnership, I am pleased to support Midlands Connect’s important vision in improving the route and supporting future growth, and I am excited to see the plans take action.”

LLEP plan to accelerate economic growth through innovation-driven entrepreneurship moves forward

The LLEP Innovation Board has agreed a 10-point framework for driving forward its vision for regional innovation in Leicester and Leicestershire. Members last week met for the first time since leaders from business, education and the non-profit sectors gathered at MIRA Technology Park for an away day to generate ideas of how to deliver change through to 2030 and beyond. The Innovation Board span out of the LLEP’s involvement in the Massachusetts Institute of Technology (MIT) Regional Entrepreneurship Acceleration Programme (REAP). It was one of only six Local Enterprise Partnerships selected by the UK Department of Business, Energy and Industrial Strategy (BEIS) to take part in the project. MIT REAP is designed to help regions plan for the acceleration of economic growth and job creation through innovation-driven entrepreneurship. Participation resulted in the LLEP’s tailored approach of encouraging all businesses to innovate, while simultaneously making full use of the region’s three universities and distinct regional assets in sectors including space, life sciences, sport and cyber security. The Innovation Board oversees progress towards strategic objectives, supported by an Innovation Steering Group which works with LLEP officers to deliver necessary action. The 10 points will be used to frame immediate activity taken as part of the LLEP’s commitment to Innovation through its Economic Growth Strategy 2021-30. The next stage for the Innovation Strategy is the creation of a Delivery Plan setting out tactical activity around communications, advocacy, networks, the annual Leicestershire Innovation Festival and more. Dr Nik Kotecha OBE, LLEP Board director and chair of the Innovation Board, said: “Members of our Innovation Board and Steering Group have a wealth of knowledge and skills required to provide strategic focus and thought leadership around innovation in our region. “We now have agreed parameters which will shape our activity – the next step is getting everyone pulling in the same direction as we introduce an action-based Delivery Plan.”

“What a load of shiitake” – advertising watchdog takes the pistachio out of Tesco: By Greg Simpson, founder of Press for Attention PR

Greg Simpson, founder of Press for Attention PR, shows what can be learned from Tesco’s recent advertising ‘controversy’. If you are easily offended by clumsy humour in an effort to attract attention, look away now. However, if you don’t find digital outdoor posters showing an animation with the slogan “For fettucine’s sake” shocking, read on brave reader. For these are the crimes against humour and humanity that befall Tesco right now after the Advertising Standards Authority (ASA) said they were likely to cause “serious and widespread offence.” I mean, I was offended by how BAD they were, not the poor taste. Yet the ASA said it had received 52 complaints that the ads were offensive because they alluded to swear words, with some people objecting that they were displayed in places where they could be seen by children. Imagine the horror…in one example, three images of pasta covered all but the letter F in “fettucine” before rolling away to reveal the slogan in full. Not mushroom for error… In one sponsored Twitter post an animation displayed the text: “What a load of shiitake.” An image of a mushroom covering the last three letters was seen to roll away. Now, you know I’m a fungi but let’s look at this seriously for a moment from the PR point of view. First, Tesco has apologised and said it was trying to portray customer frustration. Genius move. Acknowledge the “error” yet reinforce the key message at the same time. Remember, a line underneath the ad said that big mobile networks were raising customers’ bills. However, the ASA said the words they were alluding to were “so likely to offend that they should not generally be used or alluded to in advertising, regardless of whether they were used in a tongue-in-cheek manner.” So imagine how far said tongue was implanted into said cheek when they replied with this little beauty: “We’re really sorry for any offence caused. We know the frustration that consumers face when they notice their mobile phone bill has gone up mid-contract and we were reflecting their frustration – and ours – in these ads. We’re proud to offer our mobile customers supermarket value, and so we used a play on words relating to food products.” Another great apology whilst hammering home the message loud and clear! And now…the case is all over the mainstream media at absolutely ZERO COST! Remember, if played correctly, when it comes to PR controversy, sometimes, every little helps.   A former business journalist, Greg Simpson is the author of The Small Business Guide to PR and has been recognised as one of the UK’s top 5 PR consultants, having set up Press for Attention PR in 2008. He has worked for FTSE 100 firms, charities and start-ups and conducted press conferences with Sir Richard Branson and James Caan. His background ensures a deep understanding of every facet of a successful PR campaign – from a journalist’s, client’s, and consultant’s perspective.

Join Business Link as the East Midlands Expo returns this November

On Monday 14 November 2022 the East Midlands Expo will return, providing a perfect day for networking and business generation. An established event of over 20 years, for which Business Link is a proud partner, the free to attend expo is well targeted and aimed at the construction, property, business, investment, finance, professional services and related B2B markets. Taking place at the De Vere East Midlands Conference Centre, Nottingham, the exhibition will open to attendees at 9am, with a seminar taking place between 

For more information on exhibiting at the event click here.

To register to attend the event for free click here.

To secure tickets for the networking lunch click here.