Friday, October 17, 2025

Companies embrace four-day workweek after successful trials

Seventeen companies in the UK that participated in a six-month trial of a four-day working week have decided to make the model permanent, following notable gains in staff well-being, mental health, and productivity. The trial, which involved nearly 1,000 employees across various sectors, was organised by the 4 Day Week Foundation and studied by Boston College.

During the trial, participating businesses reduced work hours without cutting pay. Twelve companies adopted the four-day week permanently, while five opted for a “nine-day fortnight,” offering employees every other Friday off. The companies ranged from housing associations to professional bodies, with team sizes varying from under five employees to more than 400.

Research showed significant benefits for workers, with 62% reporting less frequent burnout, 41% seeing improved mental health, and 45% expressing greater life satisfaction. Businesses also saw positive changes in recruitment, retention, and employee morale.

The success of the trial has led to the permanent adoption of the model by over 235 UK businesses, supporting more than 6,000 employees. Advocates believe the growing interest signals a shift towards wider acceptance, with businesses balancing productivity gains against improved work-life balance.

Watches of Switzerland reports record revenue but profit dip

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Watches of Switzerland has announced a record revenue of £1.65bn for the year ending April 27, marking a 7% increase from the previous year. However, profit before tax decreased by 18%, falling to £76m.

The US market proved to be the main growth driver, with revenues climbing by 16%, compared to a modest 2% growth in the UK. Despite a challenging previous year, the UK market showed signs of recovery.

The company attributes its performance to its strong business model and strategic partnerships with leading luxury watch and jewellery brands. Its US business reached a significant milestone, surpassing $1bn in revenue for the first time, supported by the recent acquisition of Roberto Coin Inc.

The UK market has stabilised, and trading conditions have improved, contributing to the overall growth. The company’s performance underscores its leadership in the luxury goods sector.

Child exploitation charity moves to new safe haven

Safe and Sound, a specialist charity in Derbyshire dedicated to supporting young people impacted by child exploitation, has relocated to a newly purchased and refurbished city centre building at Bold Lane. This landmark move from their previous Darley Abbey premises marks a pivotal moment for the charity, enabling a significant upscale in facilities and capacity to meet the surging demand for its vital services. The charity’s CEO Tracy Harrison, outlined the critical importance of this expansion in the face of a rapidly accelerating and complex problem. “The doubling of referrals since the pandemic underscores a stark reality – child exploitation knows no boundaries of age, gender, or family background. “Previously our rented premises in Darley Abbey constrained our capacity, limiting both our team’s workspace and our ability to deliver an expanding programme of vital activities, support, and therapies essential for helping young people and their families move forward.” Tracy continued: “The Bold Lane premises represent a transformative step. This amazing community asset will dramatically increase our impact by providing a centrally located, safe, and welcoming sanctuary for vulnerable children and their families.” Featuring a new family kitchen, dedicated relaxation areas, and diverse activity stations, the facility at Bold Lane provides a comprehensive and welcoming space for young people and families to access essential help and support. Safe and Sound extended its gratitude to Armsons Barlow, Davlyn Construction and all individuals and organisations who contributed to this significant achievement. Tracy said: “I am particularly grateful for the support shown by fellow professionals who have recognised the value that Safe and Sound brings to our city and county, and who have provided us with their expertise to enable us to secure this purchase and transform it into this exceptional new facility. We also received significant funding from the government’s Community Ownership fund for which we are also grateful.” This strategic relocation will enable Safe and Sound to significantly enhance its comprehensive services, delivering vital support, therapies, and a secure environment to young people and families whose lives have been profoundly affected by exploitation.

Kennelpak faces administration, resulting in job losses

Kennelpak, a pet products wholesaler and manufacturer, has entered administration, leading to the loss of 51 jobs. The company, backed by private equity firm Endless, called in administrators Kerry Bailey and Mark Thornton from BDO on 3 July.

The administrators swiftly concluded a sale of the Yakers brand, including its stock and assets, to Assisi Pet Care, securing the positions of two staff members. While this deal helped preserve part of the business, the remaining assets are now being reviewed for potential sale.

Despite reporting an increase in turnover, from £33.8m to £37.1m, and returning to profitability, Kennelpak was unable to overcome its financial difficulties, ultimately leading to the redundancy of 51 employees. The administrators are assisting affected workers with redundancy claims.

Highlight responsible businesses at the East Midlands Bricks Awards 2025

On Thursday 2nd October, East Midlands Business Link’s prestigious Bricks Awards will take place at the famous Trent Bridge Cricket Ground, celebrating the region’s property and construction industry. The annual event recognises development projects, businesses, 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. With nominations closing on Friday 15th August, 10 categories are available to enter. Don’t miss out on this opportunity to showcase your projects and team, reward their hard work, and boost morale. Amongst this year’s categories is Responsible Business of the Year, which can be entered here. The winner of this award will have demonstrated corporate responsibility in their field, working in harmony and for the betterment of the local community in which it operates and setting a shining example for the rest of the supply chain. It’s completely free to submit a nomination and making the top three finalists in your category also wins you free tickets to the awards ceremony. Last year the award was won by Stepnell Ltd, with Cawarden and Cora runners up. Tom Sewell, regional director at Stepnell, 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 business from across the East Midlands property and construction landscape to get involved.” With this year’s Responsible Business of the Year award sponsored by Wright Vigar, Tom Maxwell, marketing manager at Wright Vigar, said: “We’re proud to be sponsoring the Responsible Business category at this year’s Bricks Awards. Supporting this initiative reflects our belief that long-term success in business goes hand-in-hand with integrity, sustainability, and community impact. “We’re looking forward to celebrating the outstanding achievements of property and construction professionals across the region and encourage businesses of all sizes to put themselves forward.” Submit your nominations for Responsible Business of the Year here, before entries close on Friday 15th August. Winners will be revealed at a glittering awards ceremony on Thursday 2nd October, at the Trent Bridge Cricket Ground (4:30pm – 7:30pm) – an evening also offering an opportunity to establish new connections with property and construction professionals from across the region, and 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. Other award categories open for entry include: Most Active Agent, Developer of the Year, Sustainable Development of the Year, Commercial Development of the Year, Contractor of the Year, Deal of the Year, Architects of the Year, Excellence in Design, and Residential Development of the Year. All entry forms can be accessed here. The Overall Winner award will also be presented at the event. This award cannot be entered, with the winner selected from those nominated for the event’s other awards. The Overall Winner of the East Midlands Bricks Awards 2025 will also receive 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.  

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:

Accelerator programme boosts growth for 5,000 East Midlands firms

A total of 4,790 businesses across Derbyshire, Nottinghamshire, and Leicester have received support from an initiative designed to foster innovation, growth, and sustainability. The programme, launched in 2023 by East Midlands Chamber and funded by the UK Shared Prosperity Fund (UKSPF), aims to help firms scale and navigate the challenges of modern business environments.

The initiative, which operates on behalf of local authorities in Derby, Leicester, and Nottinghamshire, has already led to the creation of 143 new businesses, the safeguarding of 505 jobs, and the creation of 598 new roles. Additionally, 401 companies have introduced new products, technologies, and processes, significantly improving their competitive edge. Several firms have also increased their export capability as part of the programme.

The Accelerator Programme, which offers expert business advice, grants, growth vouchers for technology investment, decarbonisation support, and sustainability workshops, has been extended until March 2025. Erewash businesses will also be included after joining the initiative.

For businesses looking to scale, the High Growth Accelerator provides tailored support, while those with international trade ambitions can benefit from the Export Accelerator. Businesses interested in the programme can register online to access one-on-one advice and explore the various support services available.

Chesterfield businesses focus on skills and innovation to boost the visitor economy

Chesterfield’s visitor economy continues to grow, but business leaders are calling for further investment in skills and innovation to ensure its long-term success.

At a recent roundtable event hosted by Destination Chesterfield, local business, tourism, and heritage leaders met to address challenges and explore how the region can nurture the next generation of hospitality and cultural professionals.

A key issue discussed was the shortage of skilled workers in certain areas of the sector, particularly in technical roles like chefs and kitchen staff. Industry leaders emphasized the importance of encouraging more young people to pursue these roles as a rewarding career path.

Regional efforts are being made to support local businesses through the UK Shared Prosperity Fund, which provides mentoring, coaching, and practical support. Over 100 Chesterfield businesses have benefited from this initiative, with significant results including the creation of new jobs and the adoption of new technologies.

The roundtable participants also highlighted the importance of early work experience opportunities for young people, which can serve as a powerful recruitment tool. Many agreed that connecting businesses with schools before students make career choices could help build a pipeline of talent for the industry.

Additionally, the conversation turned to the role of digital tools and AI in supporting business growth. While AI holds potential for marketing, customer insights, and data-driven decision-making, industry leaders noted that human connection remains irreplaceable in hospitality and tourism.

The event concluded with a consensus on the importance of collaboration and continuous support for training and development to help businesses thrive in an increasingly competitive environment.

New venture connects UK farmers with community buyers to reduce food waste

A new social venture has been launched by the University of Nottingham and the University of Bristol aimed at reducing food waste and addressing food insecurity. Circular Agriculture Hub connects small-scale farmers with community buyers, including food banks, social supermarkets, and small food producers, to sell surplus produce.

The venture was established with £40,000 in seed funding from ImpactU and is the outcome of a long-term academic collaboration between Dr Lucy McCarthy of Bristol and Professor Anne Touboulic of Nottingham. Research shows that seven per cent of food intended for consumption is wasted on UK farms each year. Meanwhile, millions of people face food insecurity. Circular Agriculture Hub aims to mitigate this issue by facilitating the redistribution of surplus or imperfect produce, such as misshapen vegetables or cosmetically damaged fruit, to those in need.

Initially operating offline in a brokerage-style model, the platform will evolve into a digital tool to enhance its national, and potentially international, reach. This social venture reflects the universities’ dedication to impactful research, social good, and sustainable food practices. The launch and initial investment funding align with the universities’ broader goals of addressing key societal and environmental challenges.

East Midlands professional services group swoops for Northern Irish firm

East Midlands professional services group Cooper Parry is continuing its run of acquisitions, snapping up Northern Ireland-based firm CavanaghKelly. Over 25 years, the seven partners and 100+ strong CavanaghKelly team has built a strong reputation as one of the region’s most respected multi-service line accountancy and business advisory firms. This latest deal is Cooper Parry’s 15th in just over two years.   Ade Cheatham, CEO, Cooper Parry said:  “CavanaghKelly gives us more than a footprint – it gives us a foundation. Their values, their people, and the trust they’ve built in Northern Ireland make this a perfect fit. “Together, we’ve got the chance to build something bold across the island – with roots, rhythm, and real ambition. It’s another big step in making CP the standout challenger firm across the UK and Ireland.” Des Kelly, CavanaghKelly founding partner, continued: “In selecting the right partner for the next phase of our growth journey, we went through a thorough evaluation of our options. Immediately, Cooper Parry stood out, creating an incredibly strong first impression. Our alignment on values, vision and ambition couldn’t be stronger. “The deeper our discussions became, the clearer it was that CP’s bold vision for service lines, tech, outsourcing and delivery models aligned perfectly with ours – challenging the norm, thinking differently, and delivering quality service through quality people. We cannot wait to be part of this.” Catherine Martin, CavanaghKelly managing partner, added: “Joining CP presents an exciting opportunity to accelerate our journey.  It’s an exciting time for our staff and our clients, and we’re looking forward to what we can achieve together.”

Huxloe and Shipster join forces to enhance parcel management for eCommerce retailers

Huxloe Group, a third-party logistics provider from Kettering, has teamed up with Shipster, a provider of advanced shipping integration software, to create a smarter parcel management system tailored for eCommerce retailers. This new collaboration integrates Shipster’s sophisticated shipping rules engine with Huxloe’s delivery and multi-carrier management systems, providing a comprehensive solution for retailers seeking to enhance their logistics operations.

Retailers using Shipster’s platform can now access Huxloe’s expansive network of fulfilment and carrier management services, while maintaining the flexibility of Shipster’s customisable shipping rules.

Huxloe handles over 50 million parcels annually for major clients, including eBay and Amazon, and the partnership enhances its offering with greater shipping customisation for complex needs.

This alliance also gives retailers access to a broader range of couriers, including Evri, Yodel, Royal Mail, and FedEx, without being tied to a single provider. As the delivery sector evolves, the collaboration ensures that retailers can remain responsive to market shifts and optimise their logistics operations.

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