Friday, April 18, 2025

Further expansion for Nottingham’s Promethean Particles as it adds new staff and new office space

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A Nottingham chemical manufacturing firm has responded to increasing demand for its products by creating new office space and taking on three new members of staff. Promethean Particles has converted a mezzanine storage area at its site in Midland Way, adding 62m2 of open plan office space to the building, which now contains 16 additional desks. The latest appointments – in the shape of synthetic chemist Andy Jones, process development engineer David Van Gelder Adjar and process engineer James Dales – bring the company’s headcount up to 17 – virtually double the number of staff at this time last year. The expansion brings to a close a pivotal year for Promethean Particles, which is leading the UK in increasing the production volumes of a class of advanced materials called MOFs – which stands for metal-organic frameworks – in cost-effective ways. MOFs are tiny crystal structures which have extremely large internal surface areas and can be used for a variety of purposes, including trapping carbon dioxide (CO2) created by the burning of industrial fuels. Promethean Particles has patented a unique method for producing them cost-effectively in large quantities, while also helping to develop them for carbon capture and other industrial uses. Andy joined the company having completed his PhD in sustainable chemistry at the University of Nottingham, and previously studied at the University of York. Both universities have green chemistry centres promoting sustainable principles and joining Promethean Particles, which is pioneering technology originally developed at Nottingham, is a dream step for Andy. He said: “My PhD involved making MOFs so when I saw a role was available at Promethean Particles as a synthetic chemist with a focus on MOFs, I couldn’t quite believe it. “My role at the company is to help develop scalable and cost-effective ways of producing high-quality MOFs at lab-scale, which can then be scaled-up beyond the lab by our engineering and operations team. “MOFs have been reported academically for several decades, but they’ve only really gained traction in industry over the past 15 years or so, so this is certainly a very good time for me to be working here.” David previously worked as a technology project and process engineer in the lubricants industry before seeking a new a challenge. He said: “My work bridges the gap between our R&D and operations functions to ensure our manufacturing processes are scaled-up safely, efficiently and cost-effectively, all while maintaining high product quality. “I enjoy this type of work because it gives me the opportunity to bring new ideas into a company that is doing something different and revolutionary.” James Dale is taking a year out of his degree course at the University of Nottingham, where he is studying chemical and environmental engineering, to work as a process engineer. The company appealed to him because one of his lecturers, Ed Lester, is Promethean Particles’ founder and chief scientific officer, and James wanted to work at the firm which was putting Ed’s innovation into practice. At the company, James is working with prototype carbon capture units that contain MOFs, where he is gathering data to inform on how the technology can be used at industrial scale to achieve decarbonisation goals. He said: “MOFs are in the early stages of their commercialisation journey, but they’re very exciting materials. “While I’ve been primarily working on carbon capture, MOFs can be used for many different applications, including water harvesting, so I’m interested to see where else they can be used in the future.” James Stephenson, chief executive officer of Promethean Particles, said: “We have had an incredibly exciting year and it’s been wonderful to see our new office space taking shape while welcoming three more new starters to the team. “Our company has grown significantly during 2024. We closed a £8 million investment round and we have created an extraordinary amount of interest in MOFs and our proprietary manufacturing process this year. “In particular we have been contacted by organisations which need to limit their carbon emissions and companies which design and manufacture the equipment which would be used to house the MOFs when they are eventually put to use.”

Multi-million pound regeneration of Staveley Market begins

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The multi-million pound regeneration of Staveley Market has started on site, with an official groundbreaking ceremony to mark the milestone. Chesterfield Borough Council’s Staveley 21 project, funded through the Staveley Town Deal, includes the construction of a new landmark building in the town centre, improvements to the market square and rejuvenation of the high street. Together the works will help support local businesses by creating a more attractive, welcoming and safe town centre for everyone to enjoy. Councillor Kate Sarvent, Chesterfield Borough Council’s cabinet member for town centres and visitor economy, said: “It is fantastic to get this project underway as it will transform Staveley town centre and enhance it for visitors, businesses and residents. “It will expand what the town centre has to offer – creating new opportunities for events and social spaces but also encourage more people to visit to support both existing retailers and market traders. “This is an exciting and ambitious project that forms a key part of the Staveley Town Deal programme, and we look forward to seeing progress over the coming months.” The council’s construction partner, Stepnell, will be leading the programme of work on site, which has begun with the removal of the disused toilet block on the market square. Tom Sewell, regional director at Stepnell, said: “As we commence works on Staveley 21, early engagement and continued close collaboration with Chesterfield Borough Council, partners and community – including Staveley Junior School – has put works in a strong position. “Our team is committed to delivering a rejuvenated public space, which will serve the future of a more attractive Staveley town centre.” Next year a new landmark building will be built that will form a new focal point for the town centre. Once completed the building will house Derbyshire County Council’s Staveley Library on the ground floor and the upstairs will provide space for new businesses. Staveley 21 also includes the transformation of the marketplace to create an enlarged public space to support existing uses such as Staveley Town Council’s regular markets but also as a setting that can be used to host a wide range of new events to encourage more people to visit the town centre. Proposals include new tiered outdoor seating to support outdoor theatre and performances, and natural play equipment to help make the marketplace more attractive to families. Designs for the play equipment have been developed in collaboration with pupils from Staveley Junior School, who visited the site with Stepnell and took part in a workshop to discuss what kind of equipment they would like to see installed. New paving, lighting, street furniture and planting will help create an enhanced atmosphere and visitor experience through the day and night whilst new signage will help connect the town centre with Staveley’s other visitor attractions including the Chesterfield Canal and Staveley Hall. Around £5 million of funding has been provided through the Staveley Town Deal – a £25.2 million programme that aims to ensure Staveley is a place to start, stay and grow. Ivan Fomin, chair of the Staveley Town Deal, said: “This is an exciting project for Staveley that will help the town centre to attract additional visitors and support local businesses. “Almost all of our Town Deal projects are now being delivered on site. This is a fantastic achievement across all partners, and people will soon start to see the impact of all these projects in their community.”

East Midlands accountancy firm eyes further growth with new private equity partner

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East Midlands accountancy firm Cooper Parry has revealed a new investment partnership with New York-based Lee Equity. Following two years of transformational growth, Lee Equity succeeds Waterland Private Equity as the firm’s capital partner. Waterland has supported Cooper Parry to broaden its capabilities and expand its presence across the country. The past two years has seen the business complete and integrate 11 transactions, including the acquisition of Haines Watts London and its associated audit and advisory businesses across the South-East, Thames Valley and the Midlands, UHY Manchester, London-based Cloud Orca, the fast-growing Salesforce consultancy and MacroFin, the award-winning NetSuite Alliance Partner. This M&A activity, coupled with a highly differentiated client experience and strong business development, has fuelled growth. Turnover has grown 4X over the last two years to £180m with sustainable organic growth exceeding 24% annually over the prior 3 years. Ade Cheatham, CEO of Cooper Parry, said: “This investment marks a monumental milestone in the CP journey, representing one of the largest deals of its kind in the global accountancy market. “Following an incredible period of sustainable growth, partnering with Lee Equity Partners is the next level game-changer. The scale of this deal will propel us further forward over the next five years, giving us the financial resources to create the UK’s next-gen professional services group. “After getting to know the Lee Equity team over the past few months, I’m so excited that we’re culturally aligned, share the same ambitious outlook and know that they really ‘get’ the opportunity we have in front of us. This is history-making news for everyone in the CP orbit – our people and clients alike. I can’t wait to bring our vision for 2030 to life.” Danny Rodriguez, a Partner at Lee Equity, said: “For over three years, Lee Equity has been in search of the right type of accounting and business advisory services firm to partner with. “We’ve found that in Cooper Parry, who has emerged as a market leader in the UK due to their exceptional management team, best-in-class organic growth rates, centralized business development function, and fully integrated approach to M&A. “We also found strong alignment with Cooper Parry’s entrepreneurial spirit and one-of-a-kind culture, which has attracted brilliant people who are disrupting the sector and who care deeply about their clients. We are extremely fortunate to partner with Ade and the rest of the Cooper Parry team as they embark on their next phase of growth.”

£20m commitment to fund business growth projects in Lincolnshire

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An investment of £20m over four years will be made by the county council to fund business growth projects in Lincolnshire.

The council’s executive have agreed to use the council’s own money for economic development to encourage and support businesses to start up, grow and re-locate to the county. The money will be used to expand business parks, create new office spaces and to build a new facility supporting manufacturing companies to get the skills and expertise they need to thrive. Cllr Colin Davie, executive councillor for economy at Lincolnshire County Council, said: “We know that in many parts of the county there is a limited amount of suitable serviced land for businesses to grow or re-locate to. This investment means we can keep businesses in the county and provide around 3,000 new high quality jobs. “It also means that, with the devolution investment in Sleaford Moor Business Park, there will be significant investment in business infrastructure in every district of the county in the coming years.”

How to guarantee* to annoy a journalist: by Greg Simpson, founder of Press For Attention PR

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Greg Simpson, founder of Press For Attention PR, shares his media relations ‘don’ts’. I write this with a tricorne perched jauntily upon my head. This stylish hat covers that of a PR consultant of some two decades, that of a published author on PR and that of a former business journalist. Hat collecting aside, I’ve learned a LOT over two decades in the PR trenches in terms of how to do things the right way. Especially when it comes to pitching the media. Funnily enough, that bit is not actually what PR is. Not solely anyway. That bit of PR is what we term ‘Media Relations’ and is part of the toolkit we use. You can add in events, awards, thought leadership, blogs, white papers, stunts, partnerships, CSR, the list goes on. However, for MOST of the people reading this who are not PR specialists, this is the bit you will want to master pretty pronto to begin making headway – Media Relations. Hint, that word ‘RELATIONS’ crops up a lot in PR. You need to start thinking win/win and ensuring that you are both contributing. Anyway, rather than a list of DOs, I thought, why not flag up some DON’Ts? To aid my memory (2 decades is a fair old whack you know), I have asked some reporters who I know well and who will remain anonymous, barring one, the reporter of this very parish, Tess Egginton. Let’s start with Tess then shall we? “Not providing photos with their stories” really makes life tricky for Tess. This means that she has to go off and find a pretty dull stock photo to illustrate the article. Of course, her other option is to simply move on. Tess is nice. Tess tries to help. I say, try to help Tess. If you want a reporter to cover your news, at least find the time to get a photo done. Even if it is your LinkedIn pic that’s been doing a lot of heavy lifting content wise for years. It puts a face to a name and makes it far more likely that someone will want to read the article. You have to remember that it is Tess’s job to educate, inform and entertain her audience. Make it as simple as possible for her to do that and you will reap the benefits. I actually have a story in my drafts as this is being typed where my client is helping another organisation but the other organisation will not provide a photo. They “don’t have any.” Well, get one! It’s £100, maybe £150 and the reward will be 10x over. Until the photo comes, we can’t run the story. Well, we could but guess what, it is less likely to gain coverage and if it does, it is likely that the third party will barely feature. That would be a shame but it would be down to them. There’s plenty more, in fact, this might be my second book! Try blind copying a list of reporters and see how effective that is. I mean, how to make it look like you REALLY care about that relationship! Or pitching a reporter that has never covered the angle you have. Not because there’s been an editorial oversight but because you are asking an insurance reporter to write about diet hacks. Or a lifestyle specialist to cover the latest ‘insight’ on pensions. How about calling a journalist to pitch them when their X profile specifically says not to? Do your research folks! Or keenly flagging a story about Cambridge to a reporter who covers Derby – I have seen this first hand many, many times. Not always Derby, obviously! The “did you get my email” chase is never very welcome. If it didn’t bounce back, then yes, they did. Now, they might not have seen it. So, a better chase-up would be to send a different photo or an extra quote to see if you can add value. Most annoying of all? I would say one that us PRs and journos both despair of…failing to deliver before the deadline or going AWOL. If you are working with a reporter on something, don’t ghost them. If you can’t do something, tell them. Don’t fail to show up on the first date! Media RELATIONS remember. *There are NO guarantees in PR! Some won’t care one little bit.   A former business journalist, Greg Simpson is the author of The Small Business Guide to PR and has been recognised as one of the UK’s top 5 PR consultants, having set up Press For Attention PR in 2008. He has worked for FTSE 100 firms, charities and start-ups and conducted press conferences with Sir Richard Branson and James Caan. His background ensures a deep understanding of every facet of a successful PR campaign – from a journalist’s, client’s, and consultant’s perspective.
See this column in the December issue of East Midlands Business Link Magazine here.

Nottingham City Council sets out £17.91m of savings in budget proposals

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Nottingham City Council has set out initial budget proposals for next year in a newly published report. Council Leader, Councillor Neghat Khan, says the proposals are about “getting our house in order and putting the Council on a sustainable financial footing.” The report will be considered by the Council’s Executive Board on 17 December before views are sought from local residents, businesses and partner organisations on savings and other proposals as part of an extensive six-week public consultation. “We know that the people of Nottingham want a council that gets the basics right and delivers the best local services we can afford, while also looking to the future so the city reaches its full potential,” said Cllr Khan. “As a council, we continue to face huge pressures in caring for the elderly and disabled, supporting families and looking after children in our care and homelessness. Together these pressures are squeezing out other services. “This budget is about getting our house in order and moving the council to a financially sustainable position. Taking the tough decisions to lead the city forward doesn’t mean we can’t afford to be ambitious. It means we can’t afford not to be.” Further work is continuing to identify ways in which a balanced budget for 2025/26 and a robust Medium Term Financial Plan (MTFP) can be achieved. This work, along with the Government’s provisional Local Government Finance Settlement due to be announced on 19 December will be reported to Executive Board in January. The final Budget and MTFP will go to the Executive Board in February for recommendation to the Full Council in early March. Initial proposals being considered on 17 December include £17.91 million of savings and income proposals to help balance the budget and enable the Council to invest in essential priority services. These include: Council wide saving and income proposals of £10.788 million that require consultation including:
  • Effective management of vacant posts through an initiative to manage vacancies more prudently.
  • Reduce costs and improve efficiency by streamlining layers of management and team sizes.
  • Improve productivity and manage staffing budgets by reducing sickness rates and enhancing performance management.
  • Introduce commercial expertise to reduce third-party spending and improve procurement processes
  • Conduct a council-wide IT review to rationalise applications, systems, licenses, and subscriptions, ensuring business continuity and cost savings.
  • Improving digital access through development of the website and digital forms, shifting demand to more efficient service delivery.
Savings and income proposals of £7.122 million that do not require consultation Adult Social Care savings of £3.584 million including:
  • Improving early intervention and prevention.
  • Ensuring the services citizens have chosen are in line with their eligible needs.
  • Reviewing provision of support hours to ensure needs are met appropriately and recommissioning care to the right contracted level.
  • Reviewing social care transport including eligibility, how it is charged for and ways in which it is commissioned.
  • Reviewing high-cost care packages to ensure best value outcomes for citizens.
  • Realigning and reviewing grant income the Council receives for adult social care.
Children’s Integrated Services savings of £2 million
  • Operating model redesign to optimise efficiencies
Other savings of £1.538 million including:
  • Redesigning Sport and Leisure services to reduce the Council subsidy.
  • Making the museums and galleries service financially sustainable by increasing revenue, reducing costs and establishing a charitable development trust and exhibitions company.
  • A revised events programme refocussed towards cost neutral or commercial events.
  • Reducing the amount the Council subsidises the Theatre Royal Concert Hall through a ‘front of house’ restructure and the introduction of a new ticket insurance product for customers.
  • Generating income through a new contract for bus shelters and advertising display units across the city.
  • Repaying external market borrowing earlier than planned.
Cllr Khan continued: “We have been honest about the financial challenges we have faced, and we will continue to be open about what we will do and how we will do it. Through this budget and our ambitious vision for Nottingham, we will deliver a renewed council that focusses on delivering for local people so that we lead Nottingham to the future with renewed pride and optimism. “It is never easy to balance the budget and there has never been a more important time to get this right. Councils right across the country are facing unprecedented pressures and demand, with people relying on vital services throughout their daily lives. That is why we must be ambitious about renewing the Council and look to lead Nottingham forward. “Our promise is to deliver a ‘one council’ approach by being more efficient in the way that we work, modernising outdated practices and focussing on delivering good services and positive outcomes. We will renew this council. Nottingham deserves a council that delivers good local services and sets an ambitious vision for a city where people want to live, work and study. In getting this budget right, we will focus on delivering just that. “We must become a renewed council and get our house in order so we can refocus on delivering for local people, empowering our communities, tackling climate change, providing safe and affordable housing, enhancing education and skills and working with partners across our city to put Nottingham first.”

East Midlands output broadly stagnates, but decline in employment softens in November

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Latest Regional Growth Tracker survey data from NatWest signalled only a slight upturn in business activity across the East Midlands private sector in November. The headline NatWest East Midlands Business Activity Index dropped to 50.1 in November, down from 50.4 at the start of the fourth quarter. The latest data indicated a broad stagnation in output across the region’s private sector, with the headline figure well below the series average. Growth in output was linked by firms to orders for specialised products and stockbuilding. Weighing on the expansion, however, was economic uncertainty which dampened customer demand, according to panellists. East Midlands firms indicated a further contraction in employment midway through the fourth quarter. Although companies noted that planned redundancies and cost management solutions drove the decline in workforce numbers, the pace of decrease was only fractional. Average cost burdens increased at a steeper rate during November. Moreover, the rate of inflation was the joint-fastest since July (equal with September). Despite subdued demand conditions, East Midlands businesses increased their selling prices again. Output charge inflation was reportedly driven by the pass-through of higher costs to customers. Lisa Phillips, Regional Managing Director, Midlands and East, Commercial Mid Markets, said: “East Midlands firms signalled sustained efforts to expand business activity in November, despite demand conditions weakening. “Efforts to support output and hopes of growth in activity in the coming year led to a much slower pace of decline in employment. Moreover, the pace of job shedding was the softest in 2024 so far. “Encouragingly, firms were able to raise their selling prices again, and at a solid pace. Although margins were squeezed by a faster uptick in costs while output charges increased at a softer rate, companies were able to partially pass-through higher input prices to customers.” Performance in relation to UK Of the 12 monitored UK regions and areas, only six signalled a Business Activity Index reading above 50.0 in November. Of these six, the East Midlands recorded the slowest upturn. Nevertheless, the UK average only indicated a marginal expansion in output at the national level. November data indicated a second successive monthly fall in new orders at East Midlands firms. The pace of decline quickened to the fastest since June, but was only marginal overall. Anecdotal evidence suggested that the decrease in new business was due to weaker domestic and foreign client demand, and economic uncertainty. The fall in new orders contrasted with the UK average, with only Wales and Northern Ireland recording sharper declines. Nonetheless, East Midlands companies continued to anticipate an increase in output over the coming year in November. Panellists hope for stronger demand conditions over the next 12 months, although the degree of confidence dipped to the lowest in 2024 to date. As has been the case since October 2022, East Midlands firms recorded a decrease in backlogs of work in November. The pace of decline quickened to the joint-fastest since September 2023 (alongside June 2024). That said, the rate of job shedding was the slowest in 11 months and weaker than the UK average. Meanwhile, the pace of input cost inflation was quicker than the UK average, as companies noted that greater input prices were due to higher material, wage and utility costs. The rise in selling prices was slower than the series average and the UK trend, however.

Over 150 new homes to be built in Mastin Moor

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Contracts have been exchanged to enable the building of more than 150 new homes in Mastin Moor, near Chesterfield. Vistry Group is expected to start development on land south of Bolsover Road in High Ridding, after exchanging contracts with The Devonshire Property Group. The 11 acre site, which was previously agricultural land, will provide approximately 165 mixed tenure homes on the second phase of the wider Mastin Moor development, which will eventually deliver 650 homes alongside a local centre with retail and health facilities, as well as a community garden. Vistry Group has submitted a reserved matters application for 165 homes to Chesterfield Borough Council, with a determination expected in 2025. Devonshire Property Group has already constructed the main site infrastructure, in addition to an innovative Construction Skills Hub south of the site. The hub will offer sector specific training on the live construction sites in Mastin Moor, providing opportunities for future generations of builders to develop their skills. Harron Homes occupies phase one of the wider development, building new homes on a 16 acre piece of land to the south west. Rob Spittles, Managing Director of Vistry East Yorkshire, said: “We are delighted to have exchanged contracts on this parcel of land and to be contributing to the growing community in Mastin Moor. “We know there is a need for high-quality homes in the area, as well as properties that offer a mixed-tenure for a variety of buyer needs, and look forward to adding this offering to the wider development in the future.” Andy Byrne, Director at the Devonshire Property Group, said: “We’re delighted to have Vistry on board to deliver another phase of homes at The Riddings in Mastin Moor. What we really like about Vistry is their mixed tenure model, providing homes for sale, rent and affordable housing. “This helps to create a truly sustainable community, something that is important to the Devonshire Group. Once complete the overall development will provide over 50 acres of new parkland, a new local centre and an extension to the existing community gardens. We wish Vistry well with their planning application and look forward to welcoming them on site in 2025.”

Plans approved for Newark employment space

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Outline planning permission has been granted at Overfield Park, Newark for commercial development. The consent allows up to 130,000 sq ft of industrial, storage, distribution, R&D and office employment space, where it is expected up to 120 new jobs will be created. Overfield Park is a 21-acre site off Godfrey Drive, at the intersection of the A1, A17 and A46. Newark and Sherwood District Council’s planning committee approved the development, with detailed design for individual units, including sustainable build features such as solar panels, low carbon materials and EV charging points, to be submitted during the detailed design stage. Travel plans will also feature in future reserved matters planning applications, to help promote and secure sustainable travel provision for site occupants. Dean Bower, Senior Development Manager, Lindum Group, said: “This is another big milestone at Overfield Park, adding to the previously developed Farol dealership, Wirtgen UK head office and Starbucks restaurant. “New build development of this bespoke nature is limited in the area and this planning permission will allow further high-quality complimentary development to be delivered in the next 12-18 months to meet occupier demands.”

Property consultancy welcomes new regional sales manager

A property consultancy has welcomed a new regional sales manager to further strengthen the firm’s presence in the Midlands and the north of England. Fisher German has appointed Stacey Matthews as a regional sales manager who will work alongside Ellie Lockwood, Regional New Homes Manager for the South in its New Homes team, led by Ella Pearson, Head of New Homes. Stacey is based at Fisher German’s Ashby office and will have a presence at the firm’s Market Harborough, Chester and Knutsford offices. She has extensive experience in the property sector, having spent more than five years working for a national housebuilder where she progressed to be its go-to area sales manager before moving on to work for a Derbyshire-based developer. Her new role will see her provide a comprehensive sales and marketing service to developers on new homes instructions across the Midlands and the north of England. Stacey said: “I’m extremely pleased to join Fisher German’s New Homes team, and everyone has been incredibly welcoming. Having been brought up around building projects and doing renovations from 19 years of age, new homes is something I have always had an interest in. “I originally worked for a housebuilder on behind-the-scenes sales before moving to on-site sales and progressing to area sales manager in the South Midlands area. After taking a career break to raise my two children I heard about the position at Fisher German and thought it was the perfect opportunity. “It’s an incredibly varied role where I’m already dealing with multiple developments, and there is so much to learn. It’s an exciting time to be joining Fisher German. The firm’s growth potential is excellent, and it’s fantastic to be part of this.” Ella Pearson, Head of New Homes, added: “We are delighted to welcome Stacey to the team. Her appointment comes at a time when our New Homes team needs to grow, aligning perfectly with our overall growth strategy. “Stacey’s extensive experience and enthusiasm for the sector will be invaluable as we continue to expand our presence in the Midlands and the north of England.”

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