- Managing the work of more junior staff (46%)
- Loss of culture (46%)
- Mental wellbeing (37%)
- The provision of training remotely (37%)
- Having efficient technology (37%)
East Midlands’ mid-market struggling to implement hybrid working
Rutland retailer unveils US expansion plans following six-figure funding package
Grants of up to £2,000 available for visitor economy businesses in Derbyshire
- Covid-19 Digitalisation – e.g. updates to an existing website, implementation of online booking/cashless payment systems.
- Cycling – e.g. secure cycle storage and maintenance equipment for use by visitors.
- Internationalisation – e.g. website translation or the implementation of online booking/cashless payment systems to encourage international visitors.
- Be part of the visitor economy, including sole traders, partnerships and limited companies.
- Be located in Derbyshire.
- Have less than 250 employees.
- Have been trading for more than 12 months.
- Have a business bank account.
- Successful applicants will receive a 50% grant towards the cost of the overall project, with a minimum 50% grant contribution being £1,000 and the maximum being £2,000.
Ibstock reports “strong” year as revenues rise
Ibstock, the Leicestershire-based manufacturer of clay and concrete building products and solutions, has hailed a “strong financial performance in 2021,” supported by “a combination of a strong operational performance and proactive management of inflationary pressures.”
According to a trading update for the year ended 31 December 2021, full year revenues are expected to increase by 29% on 2020, to £409 million, which is in line with the level achieved in 2019.
Meanwhile, as a result of a strong trading performance in Q4, the company now expects to report adjusted EBITDA for 2021 modestly ahead of its previous expectations.The business noted that it saw a continuation of previously reported strong demand trends during the final months of 2021, with robust activity levels in all key end-market segments and in particular from both new build housing and the Repairs, Maintenance and Improvement (RMI) sectors.
Against this backdrop, the group said it traded well in the final quarter of 2021, benefitting from a combination of a resilient operational performance and the dynamic commercial approach taken by the group in both the clay and concrete divisions in response to significant inflationary pressures.
Ibstock said product price increases were successful in mitigating the effect of the significant input cost inflation experienced during the second half of the year, particularly seen across energy, freight, carbon and materials.
Joe Hudson, CEO of Ibstock PLC, said: “Customer demand remained resilient in the final quarter and a combination of a strong operational performance and proactive management of inflationary pressures have ensured that Ibstock was able to deliver a strong financial performance for 2021.
“Whilst we are mindful of ongoing uncertainties, including industry supply chain pressure and cost inflation, the good momentum achieved to the end of the year provides us with a strong platform for significant further financial and strategic progress in 2022.
“The UK construction industry has a vital role to play in supporting economic recovery following the COVID-19 pandemic and addressing climate change in accordance with government targets. Ibstock’s investment in growth and innovation across our business positions us well to pursue opportunities and support the industry into the future.“
ICS Electrical Contractors announces new partnership with TFS Facilities Services
- ICS’s client base now extends beyond the East Midlands, and they can serve clients throughout the UK
- They have an additional office space in Nottingham, meaning based on their location, clients have the option of meeting with ICS either in the Nottingham office or in the Leicestershire office
- They have increased the team to 6 electricians, and plan to hire 5 more electricians over the next three months, reducing wait times
- As a TFS partner, they can provide access to other services such as security gates, rolling shutter doors, HVAC, fire suppression, sanitisation and building fabric
2022 Business Predictions: Karl Viner, co-owner, Fitness Options
Nottinghamshire Council to slash carbon emissions with new ‘plan’
Derby City Council funds expert advice to help small businesses go digital
String of office deals completed at The Atrium in Nottingham
Nottinghamshire manufacturer wins 12th contract for Morrison Construction with £1.8m education project
Streets cover customs declarations on imports from the EU, the reintroduction of the Coronavirus Statutory Sick Pay Rebate Scheme and more in latest business support update
Digital marketing duo join V Formation
Helping Leicestershire’s creative and digital agencies find cash
Loughborough to play key role in new programme putting the Midlands at forefront of hydrogen innovation
Nottingham to Lincoln rail route: businesses urged to have their say on rail upgrade plans
Lottery funding secured to restore the Grade II Victoria Embankment Memorial Gardens
- Restoring the war Memorial which was unveiled in 1927
- Restoring Queen Victoria’s Statue (dating from 1903) which has been in the gardens since 1953 (previously it sat in the Old Market Square)
- Restoring the pond and fountains
- Improving paths and access
- Re-planting original flower beds
- Installing new furniture
- Creation of a visitor centre and toilets
- Creation of jobs
- Development of a World War 2 Roll of Honours
Revenue and profit dip at NAHL
2022 Business Predictions: Greg Simpson, founder of Press for Attention PR
Would you want to work in your office?
PR is somewhat misunderstood and often underutilised in business (which I don’t predict will change that much sadly) but there’s an area where it really plays a very vital role and yet is often overlooked… I’m talking about your staff. How attractive is your business to work for? Does it look like a great organisation from the outside? Are you winning awards? Are you supporting your local community or good causes? Think about how that might attract potential candidates, suppliers and of course, customers and clients. What about the internal message? Does it feel like a great place to work? Is it exciting? Vibrant? Challenging? Or is it just same old same old? If so, 2022 is going to be a challenge for you because now more than ever, talented people are going to demand MORE from their employers. We know about flexible working and work life balance by now, that is going to be the minimum expected. What we will also need to see is a bit of extra OOMPH! What helps you stand out as an employer of choice? Why, given the rise of home working, would your team want to come in? What impact might that have on company culture? How can you position your business as somewhere that people WANT to work in and partner with? How do you stop them from looking at greener grass? That will be crucial in 2022 and I predict that the organisations that do this well will not only survive but thrive.