Nottingham-based Avant Homes East Midlands appoints head of sales to support regional expansion plans
RMS Locotec strengthens presence in Chesterfield rail sector
RMS Locotec, a key player in industrial rail services, has centralised its operations in Chesterfield, a hub for rail-related businesses in Europe. The move merges teams and assets from various sites into an established transport and engineering facility, located near the grave of George Stephenson, a key figure in industrial rail development.
The company offers a range of services, including locomotive leasing, rolling stock maintenance, and engineering support for infrastructure across depots, ports, terminals, and quarries in the UK. RMS Locotec currently leases 16 shunting locomotives to a mix of passenger and freight operators, as well as clients in the logistics, shipping, and aggregate industries. Additionally, the company has six locomotives available for short-term or long-term hire.
With the relocation, RMS Locotec has appointed Lauren Parker as General Manager to oversee business growth and expansion into new markets. Parker, who joined the company in 2010, will focus on enhancing customer relationships and furthering the company’s reach in the industrial railway sector.
Victorian Society challenges £132m redevelopment of Derbyshire County Hall
Plans to redevelop Derbyshire County Council’s historic Matlock headquarters into a hotel, new offices, and 50 homes have met strong opposition from the Victorian Society, a heritage preservation charity.
The £132 million project would see the Grade II-listed Smedley’s Hydro building converted into a hotel, a five-storey council office built nearby, and housing added to former car park land. The Victorian Society has lodged formal objections, warning the scheme would damage the site’s historic character and undermine the architectural significance of Matlock’s Victorian and Edwardian heritage.
Key concerns include the demolition of original structures, disruption to the historic gardens, and the scale and design of the proposed new office building, which critics say is out of step with the existing site. The Society also objects to the removal of heritage features, such as Doxey’s Girder Bridge.
Derbyshire County Council argues the redevelopment is necessary due to rising maintenance costs, low office occupancy, and the need for investment in the local economy. The council estimates the regeneration will create 130 hotel jobs, deliver a new eco-efficient office space for 500 staff, and inject £150 million into Matlock’s economy.
Parking capacity on the site would be cut by around two-thirds, with 389 spaces lost. A master developer is expected to be appointed by early 2026, with project completion targeted for 2030 Planning decisions are pending with Derbyshire Dales District Council.
Older homeowners control £2.89 trillion in UK housing wealth, says Savills
Homeowners aged over 60 now hold 56% of the UK’s owner-occupier housing wealth, with a total net value estimated at £2.89 trillion, according to new figures from Savills. Despite this substantial equity, the group still has £60 billion in outstanding mortgage debt, representing around 2% of the value of their homes.
Savills’ analysis shows that over-75s alone account for nearly a quarter of the UK’s property wealth, while those under 35 hold just 6%. Older homeowners are more heavily concentrated in regions such as the South West and Wales, with lower representation in London.
The figures highlight the deepening generational divide in property wealth. Older generations, having benefited from decades of equity growth and reduced borrowing, now dominate the housing market, while younger buyers have faced greater barriers to building property wealth.
Savills argues that encouraging downsizing among older homeowners could help ease pressure on the housing market by freeing up family-sized homes and releasing equity to support younger buyers.
Regional estimates from the research show that the South East leads with £603 billion in housing wealth among those over 60, followed by London at £400 billion, the East of England at £354 billion, and the South West at £326 billion. Other regions include the North West with £234 billion, the West Midlands with £212 billion, Scotland with £186 billion, the East Midlands with £178 billion, Yorkshire and the Humber with £169 billion, Wales with £106 billion, the North East with £64 billion, and Northern Ireland with £54 billion.
Savills based its calculations on a combination of HM Revenue & Customs data, the Census, and the English Housing Survey. The findings have important implications for businesses involved in property development, retirement living, and financial services that target later-life planning.
Furnace Road, Ilkeston, Derbyshire sold
Clowes Developments Announces Macmillan Cancer Support as 2025/26 Chosen Charity
Reckitt leans on emerging markets as North America slows
Reckitt posted modest revenue growth in Q1 2025, with strong demand in China and India helping offset weaker performance in North America. The company reported a 1.1% revenue increase overall, despite a 0.9% drop in North America, where economic conditions and consumer sentiment weighed on sales.
Core product lines—covering brands like Dettol, Durex and Gaviscon—grew 3.1% and now account for over 40% of total revenue. Europe delivered 1.7% growth. Emerging markets were the standout, with double-digit growth supporting the company’s full-year outlook of up to 4% revenue growth.
Reckitt is continuing to restructure its business, with plans to exit home care and nutrition. The timeline targets 2025 but remains dependent on market conditions.
The company reported minimal impact from recent US tariff measures, citing limited exposure to China, domestic production capabilities, and pricing power as buffers. A manufacturing expansion in North Carolina is part of this strategy.
Shares fell nearly 5% following the announcement, despite guidance holding steady. Reckitt maintains its focus on health and hygiene, with operational efficiency and emerging market growth key to its roadmap.
Headlam scales up flooring recycling scheme after pilot success
Headlam Group plc, a major UK flooring distributor, is expanding its carpet and underlay take-back programme to York following strong results from a 2024 pilot scheme in Northampton.
The initiative, aimed at reducing landfill waste and supporting circular economy efforts, allows customers to return used flooring materials for recycling. In 2025, the scheme has achieved a 67.99% recycling rate for carpet—an increase from 58.7% in 2024—and a 265% rate for underlay, indicating that more material was recycled than sold, partly from older stock re-entering the system.
The expansion supports Headlam’s broader environmental targets. According to its latest Sustainability Report, the company has cut Scope 1 and 2 emissions by 46% since 2019 and is progressing toward Net Zero by 2040. Energy use has dropped due to increased solar capacity and reduced gas consumption.
Headlam is also working with suppliers through Carpet Recycling UK to develop more sustainable products and integrate circular design principles into its operations.
Second data centre proposed in North Lincolnshire with potential for 1,000 jobs
A large-scale data centre project has been proposed for development near Elsham Wolds Industrial Estate in North Lincolnshire, marking the region’s second major tech infrastructure initiative.
The proposal, currently at the pre-application stage with North Lincolnshire Council, outlines a site covering approximately 180 hectares south and east of the existing industrial estate. If fully developed, the project could generate up to 1,000 jobs over a ten-year construction period.
This follows the approval last year of the £2.2 billion Humber Tech Park near South Killingholme, expected to create nearly 400 jobs and position the area as a hub for artificial intelligence and digital services.
The Elsham Wolds development is still in the early planning stages, with no formal planning permission application submitted yet. However, its scale and job creation potential suggest a significant opportunity for businesses involved in infrastructure, construction, and technology sectors across the UK.
Tackling the rise in Employers’ National Insurance: what businesses need to know
