Landmark partnership between G F Tomlinson and University of Nottingham to drive innovation in para and inclusive sport
Window signage restrictions put on hold as Derby reviews impact on local businesses
Derby’s proposed restrictions on window signage have been delayed after business community opposition. The city’s planning commission approved most of the 2025 zoning and subdivision amendments on April 3 but paused changes related to window signage and duplex design for further review.
Currently, Derby exempts window signage from its sign regulations, allowing full window coverage. City staff proposed new limits, ranging from 10% of total façade area in residential zones to 35% in industrial areas. A 30% limit was suggested for the B-3 business district, aligning with wall sign rules.
Several local businesses and the Derby Chamber of Commerce raised concerns, citing the impact on visibility, branding, and operational benefits like temperature control and security. Instead of coverage limits, alternatives such as quality and maintenance standards were suggested.
The signage changes will be reviewed further before any decision is finalised. All other proposed zoning amendments were approved.
Nottingham development leads government’s railway land housing push
A major brownfield site near Nottingham Station is set to become the location for 200 new homes under a government-backed initiative to repurpose disused railway land.
The site, located at the junction of Station Street and London Road, has been identified as one of the first four developments in the UK to kick off a broader regeneration plan aimed at unlocking surplus government-owned land for housing. This push is part of the new Labour Government’s effort to increase housing supply and revitalise underused urban areas.
Network Rail, in partnership with joint venture blocwork, is working with Nottingham City Council to progress the plans. A planning application is expected to follow.
This project follows the nearby Barnum development, a 10-storey, 348-unit build-to-rent scheme delivered by Network Rail, blocwork, and investor Grainger. Completed in late 2023, that scheme repurposed a former car park and set a precedent for converting transport-linked sites into residential communities.
Alongside Nottingham, Newcastle, Cambridge, and Manchester have also been earmarked for similar initial developments, highlighting a strategic focus on high-demand urban centres with strong transport connectivity. The initiative opens up opportunities for developers and investors to work with public sector partners on large-scale regeneration in key UK cities.
Leisure centre closures spark concerns over unpaid memberships
Two public leisure centres in Lincoln have shut down following the collapse of Active Nation, the charity responsible for their management. The centres affected are Yarborough and Birchwood, which were owned by the City of Lincoln Council. The charity attributed the closures to the ongoing utility crisis and the financial pressures it has created.
Active Nation confirmed the centres would remain closed indefinitely, with no alternative operators secured. The City of Lincoln Council, which owns the buildings, expressed disappointment and stated it was evaluating potential solutions. However, members with prepaid memberships have raised concerns, fearing they may lose their money due to the lack of receipts or assurances regarding refunds.
The City of Lincoln Council advised those affected to contact their bank or card provider for potential refunds. Meanwhile, the Lincoln 10K event, scheduled to take place on Sunday, will still proceed as planned from the Yarborough Leisure Centre despite its closure.
Active Nation, which also operated leisure facilities in Southampton and Aldershot, acknowledged the disappointment caused by the closures but noted the inability to find a new operator as a key factor in the decision.
Historic Vine Hotel in Skegness drops in price to £1.8 million
The Vine Hotel, a historic venue in Skegness dating back to 1770, is now listed for sale at £1,795,000, a significant reduction from its previous asking price of £2,750,000. The property, which holds the distinction of being the oldest in Skegness, serves as both a guest house and event venue.
Christie & Co, the specialist business property adviser, first listed the hotel for sale in April last year. With its longstanding history and well-maintained facilities, the property is still expected to attract interest from potential buyers in the hospitality sector.
Board members sought for charity tackling homelessness across East Midlands
Acoustic engineering firm lists Derbyshire HQ in relocation move
Cullum’s Derbyshire headquarters, a leading acoustic engineering firm, has been put up for sale as the company prepares to relocate to a nearby site. The 48,200 sq ft freehold property on Heanor Gate Industrial Estate in Heanor is on the market for £3.25 million.
The facility functions as a self-contained manufacturing and distribution centre. Directly opposite the site is a 1.72-acre vehicle storage compound, also included in the sale. This compound offers future development potential subject to planning approval.
The sale, managed by Savills, presents an opportunity for owner-occupiers or investors seeking a foothold in one of Derbyshire’s established industrial estates. The option to lease the facility or develop the adjacent land is expected to appeal to a broad range of commercial buyers.
Boss hands over financial services firm to staff in Employee Ownership Trust
Wise reports strong customer growth and £1.4bn income forecast
Wise, the UK-based fintech known for international money transfers, has forecast solid growth for its current financial year, driven by a sharp increase in customer numbers and revenue.
The company expects a 21% rise in active customers, reaching 15 million globally, and projects underlying income to grow by 16% to £1.4 billion. However, it anticipates a one percentage point decline in profit margin.
Wise is targeting underlying income growth of 15–20% for the 2026 financial year, with pre-tax profit margins expected to hit the higher end of its guidance range.
In its most recent quarterly update, cross-border transaction volumes climbed 24% year-on-year to £37.8 billion, while card and other revenue surged 39% due to greater product adoption.
To protect shareholders from dilution, Wise plans to reduce the share purchases by its Employee Benefit Trust, addressing legacy stock-based compensation equivalent to roughly 25 million shares.
The company has also reaffirmed its reclassification under the FCA’s overhauled UK listing regime, officially shifting to the Equity Shares Category as of July 2024.