Severn Trent retains Ashby consultancy for land and planning advice over next five years
Spring golf day swings into corporate calendar
Leicester plastic moulding and product design specialist falls into administration
Childcare organisation secures Burton office space
Boyes relocates to 30,000 sq ft former Wilko unit in Newark
Surge in University of Nottingham spin-outs fuels innovation
UK fusion energy project set to boost economy with thousands of jobs
A new economic impact assessment predicts significant long-term financial benefits from the UK’s prototype fusion energy power plant, STEP, set to be built in West Burton, Nottinghamshire. The project, led by UK Industrial Fusion Solutions Ltd (UKIFS), part of the UK Atomic Energy Authority (UKAEA), is expected to be operational by 2040 and drive economic growth through job creation and investment.
The report forecasts that the construction phase will generate over 1,000 jobs annually in Nottinghamshire, adding £86 million annually to the local economy. Once operational, the facility is expected to create 2,760 jobs annually, contributing £210 million per year. Across the East Midlands, the total impact is estimated at nearly 3,000 construction jobs and over 6,400 operational roles, boosting the regional economy by £725 million annually.
The project also includes plans for a skills centre and business park, further supporting economic growth. Local councils, including Nottinghamshire County Council and Bassetlaw District Council, partnered with UKIFS to commission the study, which Amion Consulting conducted.
The STEP programme is expected to provide substantial opportunities for regional businesses, infrastructure development, and supply chain contracts, with economic benefits projected well beyond 2065.
Historic Leicester building to become premium student accommodation
Student accommodation provider true student has secured planning permission to convert the former Freeman, Hardy and Willis building on Rutland Street, Leicester, into a 472-bed purpose-built student accommodation (PBSA) development.
Located near the city centre and serving students from De Montfort University and the University of Leicester, the project will retain historic site elements, which dates back to 1876. The building, previously a footwear retailer’s headquarters and later the International Hotel, has been vacant for over a decade.
This marks true student’s second East Midlands development, alongside its Nottingham project. The Leicester site will feature 1,758 sqm of social space, including a 465 sqm gym, yoga and boxing areas, co-working spaces, private study zones, a cinema, and a dedicated event space. A cycle hub with 238 spaces will support Leicester’s cycling infrastructure.
Sustainability is a key focus, with the retrofit approach reducing carbon emissions by preserving much of the existing structure. The development will also include sustainable urban drainage systems and provisions for solar panels.
true student’s “true life” programme, designed to foster student wellbeing and community engagement, will be a core feature of the new accommodation, offering events and workshops aimed at personal and professional development. The first students are expected to move in by summer.
Nottingham Venues to make £1m investment in Orchard Hotel and Bramley’s Restaurant
Lincolnshire offers free business advice to struggling farmers
Lincolnshire County Council funds business advice sessions to support farmers facing financial and regulatory challenges. The initiative, part of the Lincolnshire Farm Support Programme, follows a £50,000 funding boost in December to help farming businesses plan for the future.
Farmers can access one-on-one advice or group workshops on business planning, cash flow management, diversification, and succession planning. Savills delivers the sessions, which are coordinated by the Business Lincolnshire Growth Hub.
The council cited concerns over rising costs from National Living Wage and National Insurance increases and the sudden closure of the government’s Sustainable Farming Initiative, which previously provided guaranteed income for environmental land management.