Pinelog welcomes new production manager
Rolls-Royce reports strong 2024 results whilst “moving with pace and intensity”
Peak District National Park Authority approves restructure under unprecedented financial pressures
Regeneration project delivers educational hub for Sutton-in-Ashfield
BRUSH forms power partnership with South Korean manufacturer
Vehicle leasing firm’s footballer fundraiser returns for sixth year
Nottingham hotel tax expected in 2026 after delay
Businesses warn of hiring slowdowns, price hikes due to rising costs
According to a report by the British Chambers of Commerce (BCC) and AAB, UK businesses anticipate reduced recruitment and higher prices as increased employer National Insurance contributions take effect in April 2025.
Survey results show that 82% of businesses expect the tax hike to impact operations, with 58% predicting recruitment challenges and 54% expecting price increases. Additionally, 79% believe the government has not assessed the economic impact adequately.
East Midlands Chamber CEO Scott Knowles stated that businesses already facing prolonged economic strain will struggle with higher staffing costs, potentially limiting growth. The chamber’s survey found that over half of companies in the region expect to raise prices, and those revising hiring plans have doubled to 22% from the previous quarter.
Knowles urged policymakers to consider business concerns in the upcoming comprehensive spending review to support growth and economic stability.
Derby tech firm expands services after securing £750,000 contract
Alton Valley, a Derby-based network and security solutions provider, is launching 24/7 operations after securing a £750,000 contract. The move aims to support mission-critical industries with continuous service, leveraging the company’s security-cleared team for sensitive projects.
The expansion follows a record £7 million turnover in 2024, a fourfold increase over three years. Alton Valley’s growth strategy focuses on meeting rising client demands for around-the-clock support in high-security sectors.
Nottinghamshire solar project moves closer to approval
Plans for the Great North Road Solar and Biodiversity Park in Nottinghamshire have advanced following a six-week public consultation. Developer Elements Green gathered over 300 pieces of feedback and engaged with more than 500 residents across nine events between January 9 and February 20.
The proposed solar farm, northwest of Newark-on-Trent, aims to generate up to 800 MW of electricity—enough to power around 400,000 homes and businesses. It will also include battery storage, 50,000 new trees, 800 acres of wildlife areas, and 46 km of hedgerows. The project features 19 new routes connecting public footpaths and a £40 million community fund for local initiatives.
Elements Green has secured partnerships with the RSPB, Nottinghamshire Wildlife Trust, and Pro Renewables, which will supply British steel for the project. The next step is submitting a development consent order application, which will undergo a formal review process with additional public input.