Finch welcomes new consultant
Platform’s 200 mile charity ride raises £10,000 for NSPCC
Light Science Technologies wins £500,000 in contracts
Light Science Technologies Holdings PLC has secured three contracts worth a total of £500,000 through its Contract Electronics Manufacturing division, which includes UK Circuits and Electronics Solutions.
The largest contract, approximately £300,000, comes from a new Swedish client operating in electronic signage for the transport sector. It involves upgraded lighting circuitry for a major UK transport network, with deliveries scheduled to start in October and continue into the next financial year. The agreement could lead to additional follow-on revenue.
Two re-tendered contracts from existing clients will also commence this financial year, with completion expected by October 2026.
These new contracts increase the division’s forward order book to over £2.5 million.
200,000 sq ft industrial redevelopment completed in Corby
Large supermarkets face cost pressures from business rates changes
The UK government’s planned increase in business rates for high-value properties will put significant financial pressure on major supermarket chains. Stores with rateable values above £500,000 are most exposed, creating potential losses across large-format estates.
Sainsbury’s and Tesco are expected to absorb the impact more easily due to previous strong profits, though multiple stores in both portfolios could see margins shrink. Morrisons and Asda face broader exposure, with a substantial proportion of stores likely to experience higher property costs. Discount grocers such as Aldi and Lidl are mostly unaffected because of smaller property footprints.
Industry analysts predict the changes may influence store operations, investment decisions, and expansion strategies, while potentially shifting competitive advantage toward smaller retailers and convenience formats. Property specialists highlight that the reform could reshape location strategies for large chains and prompt efficiency reviews to offset rising overheads.
The Treasury describes the adjustments as part of a wider plan to reduce rates for smaller retailers and hospitality outlets while maintaining long-term investment incentives for the high street.
Last chance to enter the East Midlands Bricks Awards 2025 – nominations close TODAY
To make a nomination for the East Midlands Bricks Awards 2025, please click here, or on the category headings below.
Categories include:- Contractor of the Year
- Developer of the Year
- Architects of the Year
- Most Active Agent
- Deal of the Year
- Residential Development of the Year
- Sustainable Development of the Year
- Commercial Development of the Year
- Excellence in Design
- Responsible Business of the Year
- Overall Winner
The East Midlands Bricks Awards 2025
What: The East Midlands Bricks Awards 2025 When: Thursday 2nd October (4.30pm – 7.30pm) Where: Derek Randall Suite, Trent Bridge Cricket Ground, Nottingham Keynote speaker: Councillor Nadine Peatfield – Leader of Derby City Council, Cabinet Member for City Centre, Regeneration, Strategy and Policy, and Deputy Mayor of the East Midlands Tickets: Available here Dress code: Standard business attire Thanks to our sponsors:











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New ownership for Matlock environmental engineering consultancy
Giltbrook development land acquired for industrial units
Leicester advisory firm in liquidation
Trust Financial Planning, based in Leicester, has entered voluntary liquidation under joint liquidators Paul Stanley and Dean Watson of Begbies Traynor (Central) LLP.
The company stopped all regulated financial activity in March 2025 following FCA action that found it failed to meet the required regulatory Threshold Conditions. After assessing its financial position, the firm’s director decided liquidation was necessary.
The liquidators are now responsible for closing the company, addressing outstanding liabilities, and managing claims from creditors and shareholders.
BGF exits Brisant Secure following Allegion acquisition
BGF has completed its investment exit from Brisant Secure Limited after the company was acquired by a subsidiary of global security provider Allegion plc.
Founded in 2013 and headquartered in Dewsbury, with additional operations in Nottingham, Brisant Secure designs and supplies premium security hardware for the residential door market. The company gained recognition for products including the Ultion Lock and Ultion Smart, establishing a reputation for both innovation and quality in fenestration and locksmith sectors.
BGF invested in Brisant in 2021 to support its growth ambitions and scale its market presence. During this period, the firm provided strategic guidance on leadership, acquisitions, and supply chain diversification. Governance was strengthened with the appointment of Colin Sykes as Non-Executive Chair.
Since BGF’s investment, Brisant expanded its product range, grew its workforce, and solidified its position in the UK security hardware market. The partnership facilitated operational scaling to meet increasing demand and reinforced the company’s influence on industry standards for residential security and design.
The acquisition by Allegion provides a platform for further growth within a global network, marking the completion of BGF’s exit from the business.