Businesses and workers in the East Midlands are set to benefit from the UK’s trade deal with India, according to the Government, as new analysis shows the agreement will deliver a £130m boost for the local economy. Both Prime Ministers met yesterday morning for the signing of the UK-India trade deal, expected to bring a £4.8bn increase to UK GDP each year. 740 East Midlands businesses exported goods worth £130m to India last year, which could grow under the new deal. The region’s high value manufacturing and automation sectors, for example, could see a boost thanks to lower tariffs on advanced manufacturing goods and on importing Indian textiles. Business and Trade Secretary Jonathan Reynolds said: “The millions brought to the East Midlands each year from the deal we’ve signed with India will be keenly felt across local communities, whether that’s higher wages for workers, more choice for shoppers, or increased overseas sales for businesses.” The UK already imports £11bn in goods from India but liberalised tariffs on Indian goods will make it easier and cheaper. For businesses in the East Midlands, this could mean potential savings in the region’s established manufacturing sectors, including machinery, equipment and automotive components. India’s trade weighted average tariff will drop from 15% to 3% which means companies in the East Midlands selling products such as luxury knitwear to India will find it easier to sell to the Indian market. Aligned with the UK’s recent Industrial and Trade Strategies, the Government says the deal will support the sectors which drive the most growth for the economy – such as precision engineering and high-value manufacturing in the East Midlands – will offer significant opportunities for rail manufacturing – for which the East Midlands is globally recognised – and unlock opportunities for transport experts in the region. Established in 1784 in Lea Mills, Derbyshire, John Smedley Ltd is a manufacturer and retailer of luxury knitwear who will benefit from liberalised tariffs on imports of Indian textiles. Bill Leach, global sales director, John Smedley Ltd, said: “India is one of the fastest growing luxury markets in the world, and we are very excited about the UK- India Free Trade Agreement coming to fruition. “John Smedley knitwear is already sold in over 50 countries around the world, and now that the FTA has been signed, we shall very much look forward to ensuring that an ever-increasing number of discerning luxury consumers in India will enjoy greater access to The World’s Finest Knitwear.”

Pennine Healthcare has introduced a programme offering valuable employment opportunities to individuals nearing the end of their custodial sentences. By welcoming three ROTL (Release on Temporary Licence) workers into its cleanroom operations, the company is supporting community reintegration while strengthening its workforce. These placements provide the workers with essential skills development and help rebuild their confidence, contributing to their successful re-entry into society.

The success of this initiative has garnered attention from the Department of Health & Social Care, with a video produced highlighting the positive impact on both the workers and Pennine Healthcare. The initiative is also benefiting the company, with enhanced community engagement and a commitment to inclusive growth.

This move aligns with Pennine Healthcare’s broader strategy to foster social responsibility within the UK manufacturing sector. The company remains dedicated to creating diverse employment opportunities while contributing to the long-term sustainability of the medical device manufacturing industry.

With the nomination deadline (Friday 15th August) drawing nearer for the East Midlands Bricks Awards 2025, last year’s winners have reflected on the prestigious event and are encouraging others to enter. Attracting leaders from across the region, the 10th annual celebration of the property and construction industry is the perfect way for firms to raise their profile, reward teams, showcase successes and promote the work they are completing, all while reaching our audience of over 60,000 business readers and connecting with respected professionals. It’s an opportunity to showcase exceptional new commercial and residential developments, those demonstrating a leading position in sustainability and design excellence; gain recognition as outstanding developers, architects, contractors, and agents, as well as for significant deals; and ensure efforts in corporate social responsibility are rewarded, from eco initiatives to charity work, to social value schemes. Making a nomination is completely free – with finalists also winning free tickets to the awards ceremony.

See what last year’s winners had to say below:

Lee Parry, MD for Vistry East Midlands, which won Developer of the Year in 2024, shared: “It was a real honour to be given the title of Developer of the Year at the East Midlands Bricks Awards in 2024. These awards celebrate all that is good in property and construction across our region, and I’d encourage everyone to get involved to show how your business is making a difference in the sector.” Russell Rigby, managing director at Rigby & Co, which took home Most Active Agent, said: “It is a real thrill and boost to be awarded the Most Active Agent of the Year award at the 2024 Bricks! The ceremony, and the award, generated a great deal of PR / media profile, which was very very helpful, and it also served as a great motivational boost to the team at Rigby & Co. I would encourage firms to enter and have a go!”

Sustainable Development of the Year winner, Henry Brothers Construction added: “We were absolutely thrilled to pick up the award for Sustainable Development at the East Midlands Bricks last year for Alfreton Park School. This was a very special project to us, which will have a lasting impact on the local communities, and we were so pleased that this was recognised by the judges. It was great to attend such an informal and relaxed networking & awards evening.” Architects of the Year winner, Matthew Montague Architects stated: “Winning a Bricks Award was a real highlight for our team. It’s a great feeling to have your work recognised by others in the industry — and the event itself is such a positive celebration of what’s being achieved across the region. We’d absolutely encourage others to put themselves forward.” Tom Sewell, regional director at Stepnell, Responsible Business of the Year winner, said: “Winning the Responsible Business award at the 2024 East Midlands Bricks Awards was an incredibly proud moment for the Nottingham team at Stepnell, recognising our dedication to responsible practices and commitment to sustainable development in the region. The awards are a fantastic opportunity to connect with others in the industry and celebrate regional excellence. I would wholeheartedly encourage businesses from across the East Midlands property and construction landscape to get involved.”

Robert Maxey, partner at heb Surveyors, last year’s Deal of the Year winner, commented: “It was an honour to take home the Deal of the Year award at the East Midlands Bricks Awards 2024, especially because the other nominees in the category were so strong! It was extremely pleasing to see recognition of our team’s efforts and the event provided a great boost to morale. Celebrating excellence in our region’s property and construction sector, and offering a great chance to catch up with local professionals, I’d encourage other businesses to get involved with an entry, to showcase your business and the impact it is making in the industry.” Michael Sims, Managing Director of Clegg Construction, Contractor of the Year winner, reflected: “We were thrilled to have won Contractor of the Year at last year’s Bricks Awards — a fantastic event celebrating the achievements of the construction industry within the East Midlands. Huge thanks to Business Link for putting together such a memorable night, and to our amazing team and clients for their continued support!” Richard Evans of Distinctive Developments, who took home the awards for Residential Development of the Year, Excellence in Design and Overall Winner, said: “We were delighted to win not just one but three awards from East Midlands Bricks at last year’s awards event. For a small business like ours, recognition and endorsements of the quality of our work make all the blood, sweat and tears that go into development and construction, worthwhile.”

Adrian Grocock, Group Managing Director at Commercial Development of the Year winner G F Tomlinson, said: “It’s a fantastic awards event that we enjoy being part of and have had previous success, including winning the Commercial Development of the Year for the Air and Space Institute in Newark last year and receiving the accolade of Overall Winner from all the categories a few years previous. The East Midlands Bricks Awards brings together hard-working individuals and colleagues to celebrate all that is good in the local construction industry, and we are proud to have been recognised amongst our peers for our work in the region. We congratulate the Bricks team on the 10^th year anniversary of the awards.” To nominate your (or another) business/development for the East Midlands Bricks Awards, please click on a category link below or visit this page. Entry is free – with finalists also winning free tickets to the awards ceremony. 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

All finalists will have the chance to take home the Overall Winner award, which this year comes with a grand prize of a year of marketing/publicity worth £20,000, with the opportunity to split or gift the marketing to a charity of your choice.

Nominations will close on Friday 15th August.

New for this year, all entrants will also have the opportunity to be featured on our dedicated nominee showcase on the East Midlands Business Link website, providing space for marketing your achievements. Winners will be revealed at a glittering awards ceremony on Thursday 2nd October (4:30pm – 7:30pm) at the famous Trent Bridge Cricket Ground – an evening also offering an opportunity to establish new connections with property and construction professionals from across the region over nibbles and complimentary drinks. Attendees will additionally hear from 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.

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:                                                                                          

To be held at:

 

The National Infrastructure & Service Transformation Authority has unveiled an updated Infrastructure Pipeline, which includes significant investment for rail projects in the East Midlands. A total of £50bn is earmarked for 29 rail schemes over the next decade, with several key initiatives in the East Midlands, such as capacity improvements and electrification. These efforts are part of a broader £530bn infrastructure programme, encompassing 780 projects across the UK.

The pipeline, published on July 17, provides an overview of current and future rail developments but does not introduce new policies. It aims to help supply chain businesses plan for future demand and invest in necessary skills and capacity. Notable projects in the East Midlands include the electrification of the Kettering to Wigston line and the ongoing East Coast improvements.

The release of the pipeline has been welcomed by industry leaders, who see it as a step towards more stable, long-term infrastructure planning.

East Midlands business leaders have confidence in the strength of the economy and in the growth expectations for their own business – despite high operating and people costs and the expectation of additional taxes later this year, according to data from Grant Thornton UK’s latest Business Outlook Tracker. Key indicators from the survey of East Midlands mid-sized businesses show that business leaders are optimistic about the UK economy, with 88% of respondents expressing a positive outlook. Though UK labour statistics in June reported falling vacancies and increased unemployment – recruitment investment intentions remain strong, with 88% of businesses expecting to either increase or maintain investment in recruitment over the next six months. Mid-market businesses regard high operating and staffing costs as a significant challenge, potentially exacerbated by the increases in employer National Insurance and National Minimum Wage contributions introduced in April. Among East Midlands respondents, 80% said these changes had caused them to reduce or freeze hiring, and 78% said they had to cut jobs. The majority (82%) also expect further tax increases before the end of the year. Despite these pressures, businesses feel supported by government strategy: 86% of respondents agree government policy promotes economic stability; 72% agree government policy supports business growth; 78% agree that the Industrial Strategy will support the growth of their business; 90% of the mid-market businesses expect revenue growth for the next six months to remain steady; 70% expect profits to increase in the next six months. The positive outlook aligns with findings from Grant Thornton’s East Midlands 200 2025 report, which tracks the region’s fastest-growing companies. These 200 businesses have collectively generated over £10 billion in revenue and achieved an average profitability growth of 33%, demonstrating the region’s underlying economic strength. Matt Buckingham, practice leader for Grant Thornton UK in the Midlands, said: “East Midlands businesses have grown used to operating in uncertain conditions. From Derby’s advanced manufacturing to Nottingham’s thriving tech and life sciences sectors, the region continues to push forward despite ongoing pressures – from global trade disruptions to shifting domestic policies. “That’s not to say it’s without difficulty. Rising costs, particularly following April’s National Insurance and Minimum Wage increases, remain a concern. And while there’s a sense of cautious optimism around government direction, many anticipate further tax burdens ahead. “Still, the region’s businesses are pressing on with plans for growth. Recruitment remains a priority, and we’re seeing firms respond with agility – reviewing pay structures, managing pricing, and investing strategically to maintain performance. “These trends are evidenced in our East Midlands 200 2025 report, which highlights the strength and determination of the region’s fastest-growing companies. Despite continued headwinds, the East Midlands’ entrepreneurial spirit is clearly as strong as ever.”