Nottingham talent and innovation grants become available for local businesses
Construction starts on 1.46 million sq ft Golden Triangle logistics park
Office block to be converted into shared housing for 23 people in Northampton
West Northamptonshire Council has approved the conversion of a commercial property in Northampton into shared residential accommodation.
Kingswood House, located in Cliftonville, will be transformed from its former use as offices into a house in multiple occupations (HMO) that accommodates up to 23 residents. The building previously housed an insurance firm, a fertility clinic, and a laser eye surgery business.
The development will reconfigure the property into five shared flats. These will include a four-bedroom unit on the lower ground floor, two three-bedroom units on the ground floor, an eight-bedroom unit on the first floor, and a five-bedroom unit on the second floor. All bedrooms will be en suite, and each flat will have shared kitchen and living areas. Two communal laundry rooms will be available to all residents.
The conversion is mainly internal, with only minor alterations planned for the building’s exterior. The property will retain 15 on-site parking spaces. The first floor has already been stripped of its internal services in preparation for redevelopment.
The council considers HMOs a critical part of the local housing strategy, particularly for students, young professionals, and others requiring short- to medium-term accommodation. This project is expected to support demand in the area’s pressured rental market.
Luxury watch group returns to growth with strong US rebound
Watches of Switzerland Group posted full-year revenues of £1.65bn, up 8% year-on-year, as the business rebounded in the UK and US markets. The company, which is headquartered in the East Midlands, reported 2% revenue growth across the UK and Europe, while sales in the US rose sharply by 16% in the 12 months ending 27 April 2025.
The group attributed the stronger second-half performance to stabilised trading following a period of consumer hesitation linked to the initial announcement of US tariffs. While April trading returned to typical levels, the unresolved US tariff situation continues to add uncertainty to the outlook.
The retailer expanded its showroom portfolio during the year, opening a new flagship Rolex boutique on Old Bond Street in London. Several high-profile Rolex developments were also delivered in the US, including new and upgraded locations in Texas, Florida, and Georgia.
The business remains focused on capitalising on sustained demand for luxury timepieces, despite broader macroeconomic pressures and geopolitical risks affecting future planning, particularly in the US. It maintains a strong pipeline of showroom openings and anticipates continued interest in key high-demand brands.
Global HSE Group “proud to be returning as a sponsor of the East Midlands Bricks Awards 2025”


To make a nomination for the East Midlands Bricks Awards 2025, please click here.
Supporting imagery, video, documents, or links to these, can be sent to bricks@blmgroup.co.uk. Video nomination pitches are also welcome as an alternative or companion to written entries. 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
Nominations will close on Friday 15th August.
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:

Staffline secures significant strategic partnership with food and drink logistics provider
Strong lending growth marks 2024 performance for Cambridge & Counties Bank
Cambridge & Counties Bank reported a 15% year-on-year rise in gross new lending for 2024, reaching £376 million. The growth was driven by continued property and asset finance strength, despite a cooling interest rate environment.
The bank’s pre-tax profits stood at £35.8 million for the year. Property finance drawdowns totalled over £285 million, marking a third consecutive year of growth in that core segment. Asset finance lending rose sharply, up 39% to £89 million.
Finance for classic, vintage, and sports cars increased notably, climbing 41% to £72 million. Customer loan balances rose 11% to £1.23 billion, while customer deposits grew 10% to £1.27 billion.
The lender invested heavily in operational infrastructure during the year, including new offices in Manchester and Reading to support asset finance. Headcount increased by 8%, ending the year with 243 employees.
2024 also saw the expansion of its lending portfolio with new offerings such as development finance and more fixed-rate products. The bank continues to focus on SMEs and underserved segments of the UK market, aiming to support business investment and property growth.
Mansfield secures £1.58 million to back business growth and local initiatives
Mansfield District Council has been awarded £1.58 million from the UK Shared Prosperity Fund, with funding allocated via the East Midlands Counties Combined Authority. The investment will support business development, workforce upskilling, community grants, and local events.
This round of funding is part of the wider £2.6 billion UK Shared Prosperity Fund, which aims to reduce regional disparities and boost economic performance across the country. The financial package was reviewed during a council meeting in early May.