Nottingham CRO goes for growth with senior business development hire
New state of the art surgery proposed for Beeston town centre
New board member for Octavian Security UK
Derby City Council shines a spotlight on apprentices
Marketing agency invests £450k on building purchase
Full service marketing agency, Purpose Media has invested £450,000 in purchasing the office buildings it has previously been leasing.
Based in The Village Business Park on Maisies Way, South Normanton, Purpose Media already owned unit 14 and had been leasing units 16 and 18 for the last four years. The combined space now comprises 5,000 sq ft and incorporates a variety of collaborative workspaces, meeting rooms and recreational areas for staff.
As part of an ongoing strategy to create more inherent value, the purchase was originally planned to complete two years ago, but the initial uncertainty caused by COVID-19 outbreak meant the purchase was placed on the back burner. Business confidence, driven by the high demand for digital marketing expertise during, and since the pandemic, enabled the deal to be resurrected at the end of 2021 and it finally completed in February 2022.
Funding was provided through a commercial mortgage from NatWest bank arranged by Darren Wilkinson and legal advice was provided to Purpose Media shareholders Matt Wheatcroft and Tim Lenton by Ellis Fermor & Negus. Rob Spencer from FHP acted on behalf of the vendor, Gary Dutton from EIRP who was given legal advice by Brownejacobson.
Commenting on the purchase, Matt Wheatcroft said: “At a time when most businesses are downsizing office space we have invested in our future and in providing our staff and clients an attractive environment to meet and collaborate. Now that we own all the buildings, we plan to invest further by re-designing and fitting out the space to enable more hybrid styles of working and accommodate further growth in our team.”
Claudio Davanzo, creative director, added: “The world of design and marketing will continue to be exciting and evolutionary and I think Purpose Media will remain at the forefront of leading change. Having an attractive work place means we can retain and attract the best talent and offer a work balance that enables people to adapt their work style according to how they work best.”
Prominent Coalville building to be restored thanks to council purchase

- Repairs to the building structure, including the roof
- Restoration of the original Victorian frontage
- Replacement of the shop fronts to Marlborough Square and Belvoir Road with traditional frontages
- Conversion of first and second floor accommodation to 10 quality one and two bedroom apartments, which will be offered for sale once complete
- Zero Carbon improvements – insulation to walls, floors, roof and ceilings, replacement doors and double glazing, LED lighting, water efficient fittings, energy efficient appliances, energy efficient heating systems.
£4m funding boost extends business support hub until next summer
- Employs 16 business advisers to offer SMEs a regular and comprehensive events programme
- Provides impartial business information and diagnostics
- Offers brokerage services to other established local business support organisations.
Derby City Council careers scheme welcomes new chair from University of Derby
A careers initiative which has helped thousands of secondary school pupils across Derby has welcomed a new chair.
Enterprise for Education (E4E) has appointed Louise Pigden, Deputy Dean of the College of Science and Engineering at the University of Derby, to the role. She replaces Mike Copestake, who has been involved with the Derby City Council-backed scheme since it was launched in 2014.
E4E was created in a bid to link employers with secondary schools and students in the city. The public-private sector organisation offers mock interviews, CV workshops and mentoring, with employees from organisations in Derby – including Rolls-Royce, Alstrom, Toyota and the University – all volunteering their time.
Louise said: “I am absolutely delighted to have been appointed chair of E4E – and I have some big boots to fill; Mike has done a brilliant job for the past eight years and he was the person who suggested I join the board at E4E because of my background in STEM (Science, Technology, Engineering and Mathematics).
“I have a keen interest in outreach work and do a lot of that for the University. The core mission of E4E has always been to inspire the school children of Derby to achieve great things, open their eyes to opportunities, and to do this by introducing them to fantastic volunteers from Derby’s employers.
“And, as a volunteer, I have witnessed first-hand how impactful it can be; it is a joy to talk to young people about their aspirations, to positively influence them, give them ideas or a little bit of practice by taking part in mock interviews or CV Workshops.
“I’m looking forward to taking on this position, which aligns to the University’s wider civic agenda, helping to transform people’s lives and creative positive impact.”
During March 2019 to March 2020, just before COVID-19 arrived, E4E delivered to 15,709 young people in Derby, the highest in any 12-month period. This represents impressive numbers of employer volunteers and volunteering activity.
Throughout lockdown, delivery was massively affected. However, E4E switched to online delivery and still made an impact on 3,384 students.
E4E is bouncing back now and during 2021/22 is on course to deliver to 8,241 students.
Louise says that she will use her connections – and those of the University of Derby – to help E4E reach those students.
“Our Vice Chancellor, Professor Kathryn Mitchell CBE DL, chairs the Derby Opportunity Area and there are several inter-relationships between the University and Opportunity Area, plus Derby City Council,” said Louise.
“There are lots of overlapping agendas and objectives, so it’s really good to think of ways in which we can all work together productively.
“Recent partnerships and collaborations that E4E has been involved with include the Derby School Debate competition, where we worked with the Derby & District Law Society and University of Derby, Laptops for Students (E4E, Rolls-Royce, Derby City Council and Derby County Community Trust) and the Derby Festival of Discovery, which saw us work alongside Learn By Design, Rolls-Royce, University of Derby, Toyota and many more local employers.
“The E4E mission is to help raise aspirations and bridge the gap in educational attainment. I’m honoured to have been appointed chair and I am looking forward to continuing the good work.”
A super deduction successor could trigger £40bn-a-year boost for UK business investment
- More than half of firms (53%) plan to claim the super deduction.
- A fifth of qualifying capital spend is only taking place because of the opportunity presented by the super deduction.
- Some 19% of qualifying capital spend was as a result of accelerated investment plans due to the super deduction.
- And 2% of qualifying capital spending is being invested in the UK – rather than elsewhere – because of the super deduction.
- In total, 41% of planned qualifying capital investment in 2021-23 is due to the super deduction – more than half of which would not otherwise have taken place in the UK.
- 50% of respondents indicated they would revise investment plans as a result.
- 24% said they would make additional capital investments in the UK.
- 13% would make additional investments – and bring forward investment timescales.
- A further 13% would accelerate UK investments already planned.
- Survey respondents revealed plans for £1.3billion of capital projects and said a new investment deduction of the type proposed would see £169million of that spending accelerated – and a further £224million of projects added.
- Extrapolating these findings to a medium-term projection of business investment shows this could increase spending by 17% by 2026, compared to existing projections.
- This is equivalent to additional investment worth £40billion per year by 2026.
- Expanding the assets that qualify for a permanent investment incentive – to include, for example, second-hand, leased and rented assets – and expanding the relief to unincorporated businesses could raise investment further, with potential for an additional boost of 4% over current projections, or another £10billion of investment per year by 2026.