Celebrate the achievements of the region’s property and construction industry at the East Midlands Bricks Awards 2023

Providing a key opportunity to showcase and celebrate your business’s achievements, enter the East Midlands Bricks Awards 2023 NOW – ahead of nominations closing on Thursday 31 August. The prestigious event, organised by East Midlands Business Link Magazine, is an independent awards and publicity programme recognising development projects and people in commercial and public building across the region – from office, industrial and residential schemes, through to community projects such as leisure schemes and schools. The annual awards attract leaders from throughout the East Midlands and are the perfect way for businesses to promote themselves and those they work with. Indeed winning one of these awards will add considerably to a company’s or individual’s brand and enhance their commercial reach significantly. Award categories include: most active estate 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, and overall winner. Winners will be revealed at a glittering awards ceremony on Thursday 28 September, at the Trent Bridge Cricket Ground – an evening that will also provide plenty of time to forge new contacts with property and construction professionals from across the region.

After winning the most active agent award at last year’s event, Amy Bidell, director at Mather Jamie, said: “Apparently this category had so many entries that whittling it down to the three finalists was really hard to do, but we were told that we were chosen as the outright winner because of the our impressive track record of supporting clients to maximise the value of their property assets for the longest timeframe.

“Judges were also impressed by our commitment to the community, particularly our fundraising efforts during our 30th anniversary year when over £55,000 was raised for local charities.”

She added: “It would not be right to accept this award without giving credit to everyone in our commercial, development and agricultural teams who have worked so hard to make this award win possible by providing a high level of strategic land development advice as well as rural and commercial agency and property management services.”

To nominate your (or another) business/development for the East Midlands Bricks Awards 2023, please click on a category link below or visit this page:
The Overall Winner of the East Midlands Bricks Awards 2023 will also be awarded a year of marketing/publicity worth £20,000.

Book your tickets now

Tickets can now be booked for the East Midlands Bricks Awards 2023 – click here to secure yours. The special awards evening and networking event will be held on Thursday 28 September 2023 in the Derek Randall Suite at the Trent Bridge Cricket Ground from 4:30pm – 7:30pm. Connect with local decision makers over canapés and complimentary drinks while applauding the outstanding companies and projects in our region, and hear from Mike Denby, Director of Inward Investment and Place Marketing at Leicester City Council, our keynote speaker. Dress code is standard business attire. Thanks to our sponsors:                                                             To be held at:

Peak District National Park Authority approves restructure proposals

A series of organisational restructure proposals aimed at ensuring the Peak District National Park Authority can be financially resilient in the face of continued real terms cuts to its central government grant have been approved by Members of the Authority. Previously put to Members at the end of April, the proposals had formerly included an option for the potential closure of national park visitor centres – an aspect of the plans which has now been set-aside following an offer of support to the Peak District National Park Foundation from a philanthropic donor. In light of this unexpected donor support, redundancies from the recently approved proposals are now expected to be just 10% of those originally under consideration earlier in the year, affecting just six or seven posts. Other aspects of the plans which have received the go-ahead include a reduction of more than 50% in the most senior ‘head of service’ roles to just four posts, and a boost in capacity of around a quarter to the Authority’s planning service. A consultation process with Unison and the Authority’s own internal staff representation body will now also take place on a proposed ‘pay strategy’, which seeks to re-balance posts across the organisation where many salaries are currently below the regional public sector median. The Authority believes this is crucial to recruit and retain staff in several key areas of work; and is considered to be behind recent challenges in filling posts in skilled and technical services such as planning and enforcement. Further changes include bringing some smaller departments under new or alternative service heads, the streamlining of administrative services through improved technology and potential outsourcing for some specialist areas of work. Investment in enhancing the National Park’s online and digital offer has also been earmarked, following a boost in new audiences as a result of the pandemic. The proposals are expected to be implemented through cost reductions to the organisation and via a one-off Defra grant of £440,000 made available earlier this year, along with the Authority’s savings in reserve. The Authority also confirmed that all responses received during the consultation period have been made available to both staff and Members. Chief Executive of the Peak District National Park Authority, Phil Mulligan, said: “Few Chief Executives step into a role wanting to oversee changes where individuals or services are directly affected by a restructure process, but the stark reality of the 40% real-terms cut in our core grant over the last ten years means these have been necessary proposals. “I would again like to express my sincere thanks to the donor who has kindly stepped forward to offer around three years of support to enable our visitor centres to continue operating, which has significantly reduced the level of previous potential redundancies by around 90%. Of course, we may still be losing a small number of colleagues and will provide the utmost care and support to those affected.” Newly appointed chair of the Authority Ken Smith added: “Although, to some, it may appear that our higher grade roles are most positively impacted by the pay strategy proposals, the reality is that our lower paid positions are already meeting or exceeding the thresholds of where we want to be, according to the independent pay analysis we have commissioned. “By tackling these difficult issues now, I’m confident that we’ll create a National Park Authority that is resilient, responsive and enabling – for the benefit of those we serve locally and in our unrivalled offer to the wider nation and beyond.” The Authority confirmed that the donation offer received in support of visitor centres via the Peak District National Park Foundation will be subject to a number of due diligence and legal processes and is expected to be formally approved in the coming weeks.

Ashfield business grant schemes launch

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Ashfield District Council is launching two new grant schemes to support local businesses. The two schemes, the Enterprise development grant and the Hucknall High Street shop front improvement grant, are now open for applications. The schemes are one of the initiatives to support local businesses being financed by the Council’s £3.2 million UK Shared Prosperity Fund, which was secured from the government in December 2022. The Enterprise development grant is aimed at new and existing businesses, in the District’s town centres and shopping centres, that have a viable plan to grow their business that will lead to the creation of new jobs. Businesses that are eligible can apply for grants of up to £6,000. The Hucknall High Street shop front improvement grant is specifically for small businesses located on the southern end of the High Street (between the junctions of Watnall Road and Station Street/Duke Street). This scheme will enhance the character, value, and appeal of the businesses whilst improving the appearance of that end of Hucknall High Street. Grants for eligible properties will pay for up to 80% of the project cost (up to maximum grant payment of £9,600). Applications will close on 31 October 2024. Cllr Matthew Relf, Executive Lead for Regeneration and Planning, said: “We are so excited to be able to launch these two new schemes to support our local businesses in Ashfield. We want to help our town centres become buzzing again and to allow local business to flourish. “Hucknall is filled with unique and independent businesses and this grant will allow them to transform their premises to properly reflect the heart of their businesses. These are just one of the many initiatives and projects that we will be launching soon from the UK Shared Prosperity Fund.” Cllr Lee Waters, Ward Councillor for Hucknall Central, said: “We have fought for money to be available to improve Hucknall’s High Street. These grants will ensure that the thriving town centre continues to grow. Whilst we are incredibly ambitious for Hucknall’s town centre, it’s critical we support as many of the traders as possible now.”

Historic mill site destroyed by fire to be sold

heb, acting on behalf of private clients, have been instructed to find a buyer for the former Hermitage Mill site at Hermitage Lane, Mansfield. The historic Grade II Listed Hermitage Mill building was tragically destroyed by fire last year, at which time a consent had been granted for its conversion and refurbishment into a 70 bed care home along with 31 new homes within the curtilage. Following the near total destruction of the former water mill building, Historic England have removed the site’s Listed status and it is now available to purchase in its entirety and suitable for a wide variety of development styles. The whole site extends to almost 5 acres including a section of the River Maun with weir and a large fishing lake / nature reserve to the rear. Robert Maxey of sole selling agents heb Chartered Surveyors said: “The phrase ‘unique opportunity’ is perhaps over-used in the property market, however in this instance it is absolutely applicable. “The site offers potential for a purchaser to design and construct a unique and bespoke lake-side development. Although located within the built-up Mansfield area, the large site is surrounded by tall mature trees which in conjunction with the lake nature reserve to the rear, provides a very secluded and peaceful setting. “We believe it remains ideally suited to bespoke residential development, possibly with a new care facility replacing the previously consented scheme. We are really excited to play a part in a regeneration of this super opportunity, which has been vacant for too long and has potential to become a real Mansfield landmark once again.”

Sentiment stable and output falls while SME manufacturers’ investment plans scaled back

Sentiment among SME manufacturers was stable for a second successive quarter in July, though this represents a relative improvement compared with the sharp declines seen 2022 and in early 2023, according to the CBI’s latest SME Trends survey. Output declined for a fourth successive quarter in the three months to July. Total new orders also fell moderately, though the volume of total orders books was stable at a level deemed “below normal.” Both output and new orders are expected to grow moderately in the three months to October. Supply-side constraints to output continue to diminish, though the share of firms citing labour shortages as a limit on output over the next three months remained historically high, as did the share citing the availability of materials or components. A rising share of SMEs (almost two-thirds) cited orders or sales as a constraint on output. SMEs have scaled back investment plans. Capital expenditure on buildings and on plant & machinery is expected to fall in the year ahead, with rising shares citing the availability of internal finance and the cost of finance as factors likely to limit capex. Spending on product and process innovation is also expected to decline, while training expenditure will be held steady. Ben Jones, CBI lead economist, said: “Sentiment among SME manufacturers remains subdued, with output and new orders falling over the last quarter. Worryingly, investment intentions for the year ahead have weakened across the board in the face of uncertain demand, persistent labour shortages and, increasingly, higher finance costs as interest rates rise. “In a challenging environment for manufacturing investment, confidence-building measures have a big role to play, whether that’s scaling up Made Smarter into a national programme or providing clearer signals of intent over the UK’s response to the US Inflation Reduction Act and the EU’s Green Industrial Plan.”

Nottingham financial adviser snaps up counterpart

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Nottingham-based George Square Financial Management has acquired independent financial advice firm Taylor McGill in the latest stage of the firm’s corporate expansion plans.

The deal will see George Square, which provides independent financial planning solutions and mortgage advice across the East Midlands, grow its client base significantly and add an independent financial adviser to its team.

Also based in Nottingham, Taylor McGill is recognised for offering bespoke financial planning services for its clients. The firm has built up a sizable portfolio of 250 private clients since it was founded in 1991 by the company’s directors, Simon Taylor and Gerry McGill.

Simon’s son, Daniel Taylor, also joined the team in 2008 in an administration capacity, before becoming a financial planner for the firm on completion of his qualifications in 2013.

As part of the acquisition, George Square will acquire all of Taylor McGill’s client base, which will now be able to access additional financial services provided by George Square, including specialist lending and independent mortgage advice.

Daniel will also join the George Square team as an independent financial adviser, bringing with him 10 years’ worth of expertise in supporting clients who have inherited wealth and are looking for financial guidance, as well as in providing retirement and later life planning advice.

George Goward, Managing Director of George Square, says: “This acquisition marks a significant step in George Square’s three-to-five year corporate expansion plans that we set out at the start of 2023.

“I have enjoyed a longstanding relationship with Simon and Gerry for many years now, and know too well how tirelessly they have worked over the last three decades to establish and maintain Taylor McGill’s fine reputation.

“Taylor McGill clients can rest assured that they will continue to receive this top level of service from George Square, whilst also benefitting from the additional services we offer, such as independent mortgage advice.

“We are also delighted to welcome Daniel to the George Square team. His extensive knowledge and expertise will help add value to our personal financial planning service offering.”

Gerry McGill, director of Taylor McGill, says: “George Square’s values align perfectly with the approach we have always taken at Taylor McGill over the years. Considered planning, sound investment management and the strong ethos of partnership lie at the heart of what the team at George Square does, and I am confident that our clients are in safe hands as we begin this next chapter.”

Simon Taylor, director of Taylor McGill, adds: “Gerry and I founded our company 33 years ago, and we are extremely proud of what we have achieved over the years through offering a value for money service that, in turn, has added value for the people we have worked with.

“This acquisition marks an exciting step for the firm and for our clients, who will be able to benefit from the range of services that George Square offers, including specialist lending and independent mortgage advice.”

Great British Railways visit Derby for first Board meeting in the city

The Transition Team working to design Great British Railways held its board meeting in GBR’s new home city for the first time on Wednesday 26 July, cementing their commitment to Derby and the new headquarters. The board and officers from GBRTT were welcomed to the city by representatives from Derby City Council, including the Leader of the Council, Cllr Baggy Shanker, and Deputy Chief Executive Rachel North, at the historic Derby Roundhouse, Derby College. The visit provided an opportunity for representatives from both parties to discuss progress and celebrate the potential that the move to Derby will bring. The city was selected to be the location of the new Great British Railways headquarters in March this year, beating off fierce competition from the other shortlisted finalists Birmingham, Crewe, Doncaster, Newcastle and York. Derby was shortlisted from 42 expressions of interest from towns and cities across the nation, all keen to be the home of the new ‘guiding mind’ for the railways. Councillor Baggy Shanker, Leader of Derby City Council, said: “It was a pleasure to welcome the board of Great British Railways to Derby for their first meeting in the city. “The Roundhouse was the perfect setting to showcase the city’s unmatched rail heritage once again, as well as its commitment to a bright future of skills, learning and innovation. “I was delighted to be able to share in positive conversations with the board about the future of GBR here in Derby. The atmosphere in the room was buzzing and ideas invigorating.” Anit Chandarana, Lead Director of GBRTT, said: “We’re grateful to Derby City Council for being such gracious hosts to our Board, as we work to create a simpler, better railway for everyone in Britain. Every trip up to Derby is an opportunity to get better acquainted with this fantastic city, which will be home to GBR’s headquarters.”

Former care home up for sale after falling into administration

Specialist business property adviser, Christie & Co, has been instructed to sell the Grade II listed former residential care home, Egerton Lodge, in Melton Mowbray, Leicestershire. Originally built in 1829 for the Earl of Wilton and used as a base for hunting and socialising, Egerton Lodge was turned into a residential care home in 1987, caring for residents across 44 en-suite bedrooms. In June 2023, the home went into administration and business operations were taken over by Leonard Curtis Business Solutions Group. This sale presents an opportunity for either existing care (C2) use or to redevelop for alternate use, subject to the necessary planning permissions. Rosie Turner, senior business agent – care at Christie & Co, who is handling the sale, says: “I’m pleased to be marketing this vacant home for the administrators at Leonard Curtis Business Solutions Group. “This impressive, well-located, 44-bedroom property presents a great opportunity for care operators looking to expand their portfolios, or for alternate healthcare use, subject to the necessary planning.” Egerton Lodge is on the market with an asking price of £1.55 million.

Revenue and profit dip at Travis Perkins

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Revenue and profit have dipped at Travis Perkins, the builders merchant, according to half year results for the six months ended 30 June 2023. Revenue of £2.47bn was down 2.5% compared to the same period of 2022, while adjusted operating profit of £112m was down 31%. The company said this reflects weak market volumes in private domestic RMI and new build housing. Full year adjusted operating profit is expected to be around £240m. Nick Roberts, Chief Executive Officer, said: “Market conditions have been challenging, which is reflected in both our first half performance and our outlook for the balance of the year. The Group remains focused on striking the appropriate balance between seeking to protect shorter term profitability, delivering our strategic objectives and being well placed to benefit when market conditions improve. “Given the market backdrop, we are relentlessly focused on meeting our customers’ needs in core categories and supporting our local branch managers to grow share of wallet, particularly with general builder and professional trade customers, by making it simpler and easier to transact with us through our digital channels and in our branches. “I am pleased with the continued progress we are making on the development of value-added services, as shown in the growth of Managed Services and Hire, and also with the market share gains coming through in Toolstation. “Whilst near-term trading is expected to remain difficult, we continue to work to position the Group to benefit from the long term structural drivers in our end markets. “The opportunities presented by the requirement to decarbonise the UK’s built environment and address the shortage of both private and social housing remain significant and our unique portfolio of businesses, coupled with the development of innovative solutions for our customers, will enable the Group to deliver long term growth and create value for shareholders.”

Revenues soar at Journeo

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Journeo plc, a provider of information systems and technical services to transport operators and local authorities, has seen revenues soar in its first half. According to a trading update for the six months ended 30 June 2023, group revenues increased by 145% to £21.8m, up from £8.9m in the first half of 2022, with the acquisition Infotec, in January 2023, delivering revenue of £9.3m in the period. Profit before tax at the Ashby-de-la-Zouch firm, meanwhile, increased to £1.7m. Revenue for the full year is now expected to be £41m, significantly ahead of current market expectations, with profit expected to be marginally ahead. Russ Singleton, Chief Executive of Journeo plc, said: “The first half of this year has seen the Group enter a transformational stage in its development following the acquisition of Infotec in January and generate strong organic and acquisitive growth. “Revenues increased 145% to £21.8m, delivering a pre-tax profit of £1.7m. We entered H2 2023 with a £27m order book, a £55m sales opportunity pipeline and expect revenue for the full year to be £41m, with profit marginally ahead of current market expectations. “The integration is going well with finance, HR, new product design and marketing working together and a number of cross selling initiatives underway to broaden the customer base, increase sales, annual recurring revenues and margins.”