County Council votes through plans to move civic and democratic base
Food manufacturer starts consultation on closure of Melton Mowbray facility
East Midlands’ SMEs to have their say in flagship The Future of the High Street survey
East Midlands leaders hopeful of potential impact of Investment Zones
As we approach one year since Investment Zones were first announced by then-chancellor Kwasi Kwarteng in the Autumn ‘mini-budget’, mid-market business leaders in the East Midlands are encouraged by the blueprint for what it could mean for the selected regions.
In Grant Thornton’s latest Business Outlook Tracker survey, over half of business leaders in the East Midlands (56%) said that they believe the introduction of Investment Zones will help towards the government’s Levelling Up agenda.
A significant number of respondents also said that being located within one of the Zones would help support the local region, with factors such as job creation and skills development (62%) and 72% said being located within an Investment Zone would be beneficial to local businesses in the area.
Investment Zones provide a number of financial incentives to local businesses in the area and a clear majority (62%) of East Midlands business leaders believe that these incentives, such as Stamp Duty Land Tax relief and 100% Business Rates relief, are focused on the right areas to encourage business investment. Additionally, over half (63%) also believe that being located within an Investment Zone would encourage businesses to stay within the local area.
However, the survey also revealed that business leaders in the East Midlands believe that the twelve proposed locations are not completely adequate, with 60% of business leaders believing that there should be more Investment Zones located in other areas in the UK.
Currently, eight of the twelve proposed Investment Zones will be in England with at least one of the remaining four in each of Scotland, Wales and Northern Ireland. Eight have already been shortlisted in England, including the East Midlands.
James Brown, practice leader for Grant Thornton UK LLP in the East Midlands, said: “It is great to see that businesses across the East Midlands are welcoming our region being one of the chosen locations for an Investment Zone. Together, with the creation of a new Mayoral Combined Authority, these mechanisms will help our region take greater control of its own destiny and overcome some of the issues that have held back growth in recent history.
“For example, we can achieve so much more by fostering better cross-sector working practices. We hope that this new Investment Zone will enable greater collaboration between our forward-thinking businesses and our six brilliant universities, helping us to deliver a stronger regional economy and support the creation of a talented workforce fit for the industries of the future.
“Our region is blessed to have Nottingham – which is becoming a real leader in low-carbon technologies – yet it is vital that businesses throughout the entire East Midlands region feel the benefit of the Investment Zone, and at Grant Thornton we look forward to working with businesses of all sizes across the six East Midlands counties to ensure every opportunity is seized upon.”
New Lubbesthorpe local centre and care home gains planning permission
Developer Charterpoint, in a joint venture with landowner, The Drummond Trust, has received planning permission to build a new local centre and a 66-bed care home at New Lubbesthorpe, a new community in Blaby, Leicestershire.
The mixed-use development features a two-storey local centre which will house a Sainsbury’s Local store and four additional units for retail, including a café/bistro on the ground floor. The first floor will be occupied by Forest House Medical Centre. The scheme also includes a 66-bedroom luxury care home to be built over two and three storeys, which will be delivered by senior living specialist Charterpoint.Now Blaby District Council has approved the detailed designs for the scheme – giving the green light for the development of both the care home and New Lubbesthorpe Local Centre, which is the first retail scheme for the new community.
The local centre and care home – designed by Franklin Ellis Architects – will complete the development of the Tay Road feature square that also includes New Lubbesthorpe Primary School. Charterpoint MD Giles Nursey said: “We are delighted to have received planning permission for this scheme which will deliver New Lubbesthorpe’s first local centre and a state-of-the-art care home for the community.“New Lubbesthorpe is an exciting, vibrant community set in a great countryside location just 20 minutes from Leicester city centre and ten minutes from Fosse Park Retail Centre. Our scheme, in conjunction with the Drummond Trust, will bring much-needed new local facilities to the development.”
New Lubbesthorpe will eventually feature more than 4,000 new homes.
Martin Ward, development agent for the Drummond Trust, said: “The Drummond Trust welcomes the granting of planning permission, the culmination of many years work by the Trust and our development partners Charterpoint, which will enable delivery of much-needed facilities for this growing and vibrant community.”
It is expected that work will begin on site later this year for the new local centre and the care home now that full planning permission has been granted.
Nominate the region’s Most Active Estate Agents for the prestigious East Midlands Bricks Awards 2023
Submit your nominations for Most Active Estate Agent here before entries close on Thursday 31 August.

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:











