Another unit sold at Beauchamp Business Park
Making Tax Digital: less paper, more peace of mind – by Tracy Priest, associate director at Streets
- You are registered for self-assessment
- You earn income from self-employment, rental property or both
- Your combined income from these sources exceeds £50,000 (based on your 2024/25 tax return)
- Use HMRC-approved software to maintain digital records
- Submit quarterly updates of income and expenses
- Finalise your annual tax position digitally, including other income, allowances and reliefs
- Choose and set up compatible software
- Register for MTD with HMRC
- Keep digital records for each business or property
- Consider using a separate bank account for business/rental transactions to simplify record-keeping
- Standard Package: you manage your own digital records and software. We assist with your annual tax return based on your quarterly submissions and other income details.
- Premium Package: we handle everything—from software setup and bookkeeping to quarterly submissions and your final return.
- Tailored Options: If you need support somewhere between these two, we can customise a package to match your level of involvement, budget and business complexity.
Nottingham digital marketing agency secures £30,000
FedEx launches dedicated freight facility at East Midlands Airport
FedEx has opened a 19,000-square-foot freight facility at East Midlands Airport, designed to handle large cross-border air shipments separately from its parcel sorting operations. The site includes multiple trailer docks and recessed pits to improve pallet handling and overall freight processing efficiency.
The facility increases FedEx’s freight capacity to meet growing import and export demand from businesses across the East Midlands. It forms part of the company’s broader Tricolor strategy, which separates express parcels from less-urgent heavy freight to optimise asset use and reduce costs.
The East Midlands investment follows the July opening of a 38,000-square-foot replacement logistics centre near Manchester Airport, which incorporates automated sorting and x-ray scanning to support both freight and e-commerce shipments. FedEx also upgraded its Stansted Airport terminal in December 2023 with a new parcel sorting system for imports.
These developments complement FedEx’s international expansion, including a move to a larger facility at Istanbul Airport and plans to establish a regional air hub in Riyadh, Saudi Arabia. The company operates three air hubs in the United Kingdom and continues to increase capacity to support cross-border trade for UK businesses.
Land acquired for 526 new homes in Boulton Moor, Derby
Unemployment fall in East Midlands offers limited relief for businesses
Unemployment in the East Midlands has fallen slightly to 4.7% for over-16s, according to the latest Office for National Statistics figures covering May to July 2025. This follows a decline from 5% to 4.8% in April to June, marking a gradual downward trend.
Despite the decrease, businesses in the region continue to face staffing pressures. Recruitment activity has slowed, with only half of local companies attempting to hire and six in ten reporting difficulties securing suitable candidates. Rising staff costs, including higher National Insurance contributions and increases to the national living wage, have compounded challenges alongside ongoing inflationary pressures.
Companies are also preparing for changes under the Employment Rights Bill, which is expected to introduce additional administrative and compliance obligations. Industry representatives have called for amendments to limit the financial and operational impact on firms.
Expectations of potential tax increases in the upcoming Autumn Budget further complicate economic conditions. Business groups stress that without supportive measures, the combination of staffing shortages, higher costs, and new legislative requirements could strain regional employers.


