east midlands chamber

Chamber reacts to general election announcement

East Midlands Chamber has reacted to the news that a general election will be held on 4th July 2024, reflecting on what it means for our region.

Yesterday, Prime Minister announced the news that Britain will be going to the polls this summer.

Scott Knowles, Chief Executive of East Midlands Chamber commented: “Confirmation that the General Election will be held on 4th July is something we welcome as a politically uncertain environment can hinder planning and decision-making for businesses. Regardless of who is in power, we’re clear in the East Midlands of the policy reform that we need to see to enable business growth.

“For too long our region has been overlooked when it comes to investment, despite the fantastic businesses we have here and our status as a Centre of Trading Excellence – making, moving and innovating the goods and services that make our country tick.  Earlier this year we went to Westminster to present our asks directly to the government in our Manifesto for Growth 2024.

“The Manifesto is the direct result of what businesses have been telling us they need from the next UK Government and provides a clear blueprint for the things that would support our growth and success.  The document details specific policy asks across four key areas – People and Skills, Infrastructure and Connectivity, Planning, Taxation and Regulation.

“We look forward to continuing our conversations with all of those standing to represent communities in the East Midlands over the coming weeks and ensuring they understand the ways that, if successful, they can support our local businesses to deliver the growth and success that the whole country wants to see.”

East Midlands Chamber is currently working alongside Chesterfield Borough Council to deliver support for organisations in Chesterfield through the Chesterfield Accelerator programme. Find out more about the support available at: https://www.chesterfield.co.uk/business/business-support/

East Midlands Chamber supports the marketing and economic growth of the town through Chesterfield Champions, a network of over 200 organisations across Chesterfield and North Derbyshire.

Man wearing suit speaking on a stage at a lectern

Scott Knowles, East Midlands Chamber

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Chesterfield structural engineering company shortlisted for prestigious start-up award

The Managing Director of a Chesterfield-based structural engineering consultancy business has been shortlisted for a prestigious regional award.

Laura Holland, of Ecotech Engineers is amongst the nominees for the Start-up Award at the 2024 Generation Next Awards.

The Generation Next Awards are one of the biggest events in the annual calendar for the network of young professionals run by East Midlands Chamber in conjunction with headline partner the University of Derby.

12 categories will shine the spotlight on the outstanding achievements of people under the age of 35 in awards ranging from the Innovation and Technology Award to Generation Next Future Leader Award.  New to 2024 is the Investing in Young Talent Award aimed at businesses with a forward-thinking approach that provides mentorship, training and growth opportunities for young professionals.

Following a virtual judging process on 14th and 15th May Bustler Market in Derby will once again host the awards, this year taking place on 4th July.  In previous years the unconventional ceremony has featured a DJ, arcade games and street food.

Laura commented: “The Ecotech team are delighted to have been shortlisted for the Start Up Award! Building strong client relationships and a growing East Midlands construction sector have been instrumental to our success and ability to grow in recent years.”

East Midlands Chamber Director of Resources and Generation Next Lead Lucy Robinson said:

“Once again, the standard of applications received for the Generation Next awards has far exceeded expectation.  Taking a look at the calibre in this year’s list of finalists gives an idea how challenging the task of shortlisting was for the judging panel.  It’s wonderful to see the achievement of such talented young people getting the recognition they deserve.   With this array of young talent now unveiled, the stage is set for a fantastic ceremony at Bustler Market on 4th July.”

laura holland ecotech engineers

 Generation Next Awards 2024 finalists

Apprentice of the Year, sponsored by Loughborough College

  • Alice Taylor – Your IT Department
  • Ben Taylor – Preci-Spark
  • Cerys Goodson – E.ON
  • Emily Barnes – Donaldson Filtration GB
  • Evie Culligan – The Fidelity Group
  • George Archer – OceanLED
  • Hannah Pritchard – Turner & Townsend
  • Rav Jackson – Stephen Eve Financial Planning
  • Rosie Summers – Caterpillar UK Ltd
  • William Murphy – Electrician

Creators and Makers Award

  • Olivia Waldron – MHA
  • Katie Michaels – Moti Me
  • Ollie Henderson – Purpose Media
  • Max Palfrey – Comfa
  • Alistair Bullock – Purpose Media
  • Ewan Johnson – Botso Limited
  • Morgan Jones – Hardy Signs
  • Jamie Quince Starkey – Down to Earth Derby

Customer Service Award

  • Benjamin Wileman – Select Car Leasing East Midlands
  • Elliot Pipes – Sort Legal
  • Daniel Burke – Delta 74 Private Investigations Ltd
  • Hayley Cousins – Loughborough College
  • Jack Marshall – Select Car Leasing East Midlands
  • Jenny White – Rosie May Foundation / Think Pink
  • Jessica Kelleher – Halborns Limited
  • Matthew Robinson – RBC Brewin Dolphin
  • Nicole Perkins – Futures Housing Group
  • Loredana Budhan – Rosie May Foundation / Think Pink
  • Stephen Atkinson – Longbow Venues
  • Rebecca Cliff – Nottingham Trent University
  • Thomas Shaw – Shaw Spark Electrical and Property Services

Entrepreneur of the Year

  • Joshua Leach-Aslam – Two Chevrons Group / Two Chevrons CIC
  • Oliver Smith – Miroproducts
  • Luke Beastall – Musclecoach U.K LTD
  • Katie Michaels – Moti Me
  • Ewan Johnson – Botso Limited
  • David Allerton – SE-LF
  • Emma Morris – Headway Derby
  • Jiten Anand – Inspirate
  • Stephen Atkinson – Longbow Venues
  • Jamie Quince Starkey – Down to Earth Derby

Environmental Warrior Award sponsored by Hydropath Technology

  • Ewan Johnson – Botso Limited
  • George Pritchard – Scenariio Ltd
  • David Allerton – SE-LF
  • Jamie Quince Starkey – Down to Earth Derby

Equality, Diversity, and Inclusivity Award, sponsored by Futures Housing Group

  • Emma Sharpe – Menphys
  • Katie Michaels – Moti Me
  • Max Palfrey – Comfa
  • Brogan Lees-Collier – Forsyth Barnes
  • Laura Till – AMBITION Sports Coaching Ltd
  • Fraser Annis – Anniseeds Ltd
  • Michaela Castillo-Williams – Epic Partners
  • Jiten Anand – Inspirate

Innovation and Technology Award, sponsored by Hardy Signs

  • Jake Ridgway – Design Only Gardens Ltd
  • Josh Donnell – Purpose Media
  • Finn Riggott – Cosy Direct
  • Max Palfrey – Comfa
  • Elizabeth Ashton – Loughborough University

Investing in Young Talent Award

  • Futures Housing Group
  • MHA
  • Your IT Department
  • Base 51
  • Purpose Media
  • De Montfort University Careers Team
  • Innovation Nottinghamshire
  • Longbow Venues

Rising Star Award, sponsored by Nottingham Trent University

  • Adhinav Jain – Enactus Derby
  • Amy Curtis – Loughborough College
  • Evie Culligan – The Fidelity Group
  • Fern Ritchie – Your IT Department
  • Jemima Prater – The Maynard (Part of Longbow Venues)
  • Lucy Hilton – Cosy Direct
  • Lydia McDonald – Treat Kitchen
  • Nicole Perkins – Futures Housing Group
  • Sarif Sarker – Growthack Digital
  • Scarlet McCourt – trentbarton

Start-up Award, sponsored by Nottingham University Business School

  • Alex Taylor – Endeavours Adventures
  • Danielle & Ben Slater – Stephen Eve Financial Planning Ltd
  • Jamie Quince Starkey – Down to Earth Derby
  • Katie Michaels – Moti Me
  • Laura Holland – Ecotech Engineers Ltd
  • Max Palfrey – Comfa

Volunteering & Charitable Impact Award, sponsored by ITS Technology Group

  • Joshua Leach-Aslam – Two Chevrons Group / Two Chevrons CIC
  • Bradley Hall – Turner & Townsend
  • Emma Sharpe – Menphys
  • Alicia Anderson – Reuseabox
  • Katie Michaels – Moti Me
  • Jenny White – Rosie May Foundation / Think Pink
  • Loredana Budhan – Rosie May Foundation / Think Pink
  • David Allerton – SE-LF
  • Michaela Castillo-Williams – Epic Partners

Future Leader Award, sponsored by University of Derby

  • Chris Allcoat – Turner & Townsend
  • Samantha O’Neill – The Derby Conference Centre Ltd
  • Jamie Quince Starkey – Down to Earth Derby
  • Katie Michaels – Moti Me
  • Jack Brewin – Hays Specialist Recruitment
  • Emma Sharpe – Menphys
  • Nicole Perkins – Futures Housing Group
  • Ruby Birks – Purpose Media
  • Taylor Wayne Gee – Design Only Gardens Ltd

Tickets for the Generation Next Awards 2024 ceremony can be purchased here

Ecotech Engineers and East Midlands Chamber support the marketing and economic growth of the town through Chesterfield Champions, a network of over 200 organisations across Chesterfield and North Derbyshire.

Generation Next Awards 2024

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Chesterfield businesses encouraged to showcase their achievements at annual Chamber awards

Entries are now open for the East Midlands Chamber Derbyshire Business Awards 2024 which will showcase the achievement and resilience of businesses across the area.

Following a challenging trading environment over the last year, organisations and individuals are invited to put themselves forward for recognition of their achievements.

East Midlands Chamber hosts ceremonies over the three counties of Derbyshire, Nottinghamshire and Leicestershire.

In each county, businesses are celebrated across 13 categories, including Excellence in Innovation, Outstanding Growth and Business Improvement Through Technology.

Finalists will be revealed in an announcement at the President’s Summer Celebration event on 21st August, followed by a virtual judging process. TV presenter Emma Jesson will be hosting the awards which take place later in the year.

Entries for the awards need to be submitted by 19th July.

A Business of the Year is chosen from the winners in each county and selected firms will go through to the regional and national British Chambers of Commerce Awards.

East Midlands Chamber Chief Executive Scott Knowles said: “The business community across the East Midlands has had to grapple with several years of high costs, a slowly recovering economy and a climate of political uncertainty, yet the region’s resilience, creativity and innovation continually shines through. The Chamber Business Awards recognise the remarkable achievements of the region’s business community, its strength in challenging times and the innovation that the East Midlands is so proud of. I’d like to extend my thanks to Emma Jesson for hosting this year and to all the sponsors that help make the Business Awards such an outstanding event each year.”

The Derbyshire Business Awards ceremony will be held on Friday, 25th October.

Award sponsors confirmed so far are: emh group, Business 2 Business, Cambridge & Counties Bank, De Montfort University, Loughborough College, Bradgate Estates, Blueprint Interiors, ER Recruitment, SMB Group, RSM, Purpose Media, University of Derby, Amazon, Futures Housing Group, Toyota Manufacturing UK, Aston Lark (formerly Howden), University of Derby, Rolls-Royce and ITS Technology, Food & Drink Forum, Eversheds Sutherland, University of Nottingham, DHL, Nottingham Trent University and Geldards.

East Midlands Chamber Business Awards 2024 categories:

• Business Improvement Through Technology
• Community Impact Award
• Outstanding Growth Award
• Environmental Impact Award
• Commitment to People Development Award
• Apprentice of the Year
• Entrepreneur of the Year
• Education and Business Partnership Award
• Excellence in Customer Service
• Excellence in International Trade
• Small Business of the Year
• Excellence in Innovation
• Excellence in Collaboration
• Business of the Year

For more information and to enter the East Midlands Chamber Business Awards 2024 click here.

chamber business awards 2023 rose cottage

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Chamber welcomes new government support for apprenticeships

Small businesses (SMEs) in Chesterfield and the East Midlands region could get a surge in under 21s taking up apprenticeships, thanks to new government funding announced recently.

The Prime Minister has outlined plans to enable up to 20,000 more apprenticeships with a number of reforms. The government says it will pay the full cost of apprenticeships for people aged 21 or under at small firms from 1 April, and is pledging £60m of new investment for next year.

The government says this will reduce costs and burdens for businesses and deliver more opportunities for young people to kick start their careers. It also says the reforms will remove the need for small employers to meet some of the cost of training, whilst saving time and costs for providers like further education colleges who currently need to source funding separately from the government and businesses.

East Midlands Chamber Head of Employment Services Paul Needham said: “We know the value apprenticeships have on young people, in giving them real skills from a busy workplace and experiencing the challenges a business faces in a real world situation each day. For too long cost has been a barrier for many would-be apprentices and SMEs.

“For opportunities to be opened in this way is something I very much welcome. We work with a number of apprenticeship providers and see success after success when people achieve their goals; often they gain skills they had never envisaged. Businesses really see the benefit too as the enthusiasm to learn translates to good work so they’re a win-win. The more we can help young people get into work and develop the skills SMEs need will have a positive effect on the wider economy in the East Midlands.”

Is your business looking to upskill or recruit? Find out more about the benefits of taking on an apprentice and inspiring the next generation at: https://www.chesterfield.co.uk/apprenticeships/hiring-an-apprentice/

Want to receive regular skills updates? Sign up for our skills and employability newsletter to be informed of the latest news, events, initiatives and showcases taking place in the local community: https://www.chesterfield.co.uk/business/business-support/skills/skills-and-employability-newsletter-signup/.

Apprentice welder and mentor at a local manufacturing business in Chesterfield

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Chamber warns new government railway funding needs to do more to respond to East Midlands’ needs

Long-anticipated government funds of £123 million allocated to Midlands Rail Hub – a project to improve connectivity between train stations across the midlands – is to be welcomed, however, does little to meet the needs of those in the East Midlands, say East Midlands Chamber.

The initiative uses cash freed up by abandoned HS2 funds to upgrade stations and improve infrastructure across the overall midlands area.

East Midlands Chamber Director of Policy and Insight Chris Hobson said:

“While any investment in midlands railway infrastructure is to be welcomed, we’re concerned that once again the primary focus is on towns and cities outside of the East Midlands. Our Manifesto for Growth 2024, which we’re taking to Westminster on 11th March, asks our policy makers to ensure we deliver fair funding for infrastructure in the East Midlands.

“This isn’t about receiving investment at the expense of our neighbours to the west, it’s about Government doing more to rectify the fact that we are the most under-funded region in the country when it comes to rail travel.

“We have desperately inadequate service between stations within the East Midlands and this hampers the tremendous growth potential of businesses. It’s all very well that a Birmingham-bound passenger might be able to jump on an extra train here and there at Nottingham but what we’re stating loud and clear in our manifesto is the huge need for transformational improvement within the East Midlands.

“We look forward to taking our manifesto to Westminster on 11th March and insisting politicians listen to what our businesses need to succeed.”

In Chesterfield, ambitious plans are set to transform the area between the town centre and Chesterfield Railway Station – creating a vibrant gateway to North Derbyshire and providing improved public transport access.

Read more about the Chesterfield Station Masterplan here.

Chesterfield rail train station

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East Midlands Chamber launches Generation Next Awards 2024 to celebrate region’s young talent

Young business talent across the East Midlands will be showcased through the Generation Next Awards as the programme launches its 2024 season.

The awards are the showpiece programme of Generation Next – a network for young professionals and entrepreneurs aged between 18 and 35, which is run by East Midlands Chamber in conjunction with headline partner the University of Derby.

It features 12 categories, ranging from a Start-up Award and Customer Service Award through to Innovation and Technology Award and the Generation Next Future Leader.

The programme includes a new addition, the “Investing in Young Talent Award”, that recognises forward-thinking businesses which provide mentorship, training and growth opportunities for young professionals.

The application process of each category award is streamlined to a “one form fits all” method involving a reduced number of questions.

Lucy Robinson, East Midlands Chamber’s director of resources and Generation Next lead, said: “The Generation Next Awards are a celebration of the amazing young talent within the East Midlands, and our diverse programme recognises the next generation of business who make outstanding contributions to their communities.

“We want to encourage young professionals from across the region to tell their story and celebrate their successes.”

This year’s ceremony will be held on 4 July, and the venue will be confirmed in the coming months.

Entries are open for the 2024 awards until Monday 11 March. They can be submitted either by individuals within the 18 to 35 age bracket or on their behalf by a colleague or line manager.

Applications can be downloaded at www.generationnextemc.co.uk/awards and should be emailed to the Generation Next team at gennext@emc-dnl.co.uk upon completion.

Generation Next Awards 2024 categories

  • Future Leader Award (sponsored by the University of Derby)
  • Apprentice of the Year Award (sponsored by Loughborough College)
  • Creators and Makers Award (available for sponsorship)
  • Customer Service Award (sponsored by Express Recruitment)
  • Entrepreneur of the Year Award (available for sponsorship)
  • Environmental Warrior Award (sponsored by Hydropath Technology Group)
  • Equality, Diversity and Inclusivity Award (sponsored by Futures Housing Group)
  • Innovation and Technology Award (sponsored by Hardy Signs)
  • Rising Star Award (sponsored by Nottingham Trent University)
  • Start-up Award (sponsored by University of Nottingham)
  • Volunteering and Charitable Impact Award (sponsored by ITS Technology)
  • New for 2024 – Investing in Young Talent Award (available for sponsorship)

Generation Next Awards 2024

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Chamber lands global accreditation for workplace wellbeing

East Midlands Chamber is helping to set the bar for workplace wellbeing after landing a global accreditation – with the help of the region’s top expert in the field.

The region’s largest business representation group has achieved the WELL Health-Safety Rating at its offices in Chesterfield and Nottingham, following consultancy support from workplace consultants and office fit-out specialists Blueprint Interiors, based in Ashby-de-la-Zouch.

Administered by the International WELL Building Institute (IWBI), the rating is an evidence-based, third-party verified rating for buildings that focuses on operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-Covid environment now and into the future.

WELL certification helps large and small businesses to take the necessary steps in order to prioritise the health and safety of their staff, visitors and stakeholders by reviewing environmental aspects such as air and water quality, nourishment, light, noise and comfort.

The WELL Health-Safety Rating focuses on stakeholder engagement, health resources, emergency preparedness and cleaning procedures. East Midlands Chamber director of resources Lucy Robinson said: “The pandemic shone a new light on how we manage workspaces in order to instil confidence among employees and visitors who use our buildings, whether it is everyday or on a hybrid working basis.

“We therefore felt it was important to adopt a recognised standard to ensure our buildings support the wellbeing of our people when they are working from the office in order to support collaboration with colleagues.

“Working closely with our patron Blueprint Interiors, we focused on areas including air and water quality management, cleaning and sanitation, emergency preparedness, health service resources, and stakeholder engagement and communication.

“As a result of these efforts, we are delighted to have received the WELL Health-Safety Rating, which we believe will enhance our offer as an employer of choice in the region while also acting as an exemplar for our 4,000-plus members.”

Workplace design consultancy and interior fit-out specialist Blueprint Interiors became the first company in the East Midlands to achieve the WELL Health-Safety Rating in 2021, and now supports other businesses to meet the requirements for accreditation.

Rebecca Beadle is a WELL-accredited professional, and lead project designer and well-being specialist at Blueprint Interiors.

She said: “We are continuously innovating in order to bring workplace consultancy, practical processes, sustainable building techniques, psychological theory, data insights and accreditations such as the WELL Building Standard together to ensure workplaces meet the needs of the people that use them. East Midlands Chamber has fully embraced all these principles and we are pleased to have been able to support it to achieve this prestigious rating.”

East Midlands Chamber supports the marketing and economic growth of the town through Chesterfield Champions, a network of over 200 organisations across Chesterfield and North Derbyshire.

Dean Symonds and Lucy Robinson

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General Election must not get in way of businesses, says Chamber

The uncertainty surrounding when a General Election takes place must not get in the way of businesses’ ability to drive forward the growth that will bring down inflation and boost wages.

This was the view of business leaders speaking at East Midlands Chamber’s Annual State of the Economy Conference.

On the day the Bank of England kept the base rate at 5.25%, the highest point in 15 years, and 24 hours after the latest economic data showed the UK’s GDP shrank more than expected by 0.3% in October, speakers made the case for cross-party consensus on key economic issues such as skills, productivity, and research and development – which they said are crucial to raising business investment from its current low bar.

Among the business leaders and economists were Institute of Directors director-general Jonathan Geldart, Barclays global head of transactional FX sales Sat Khuntia, PwC East Midlands partner Alex Hudson, Freeths Leicester managing partner Lisa Gilligan, Future Life Wealth Management founder and divisional director Jillian Thomas, and Mukesh Bulsara, partner at business advisory services firm Coadax and vice-chair of Leicestershire Business Voice.

Data from the Chamber’s latest Quarterly Economic Survey, run in partnership with the University of Leicester School of Business, was presented to give a snapshot of the past year. It showed how after a general improvement in activity and sentiment throughout the first half of 2023 there has been an overall slowdown towards the end of this year.

Historical trends show activity often slows ahead of a General Election

East Midlands Chamber director of policy and insight Chris Hobson said: “Our Quarterly Economic Survey results for 2023 can be viewed as a game of two halves, with the recent slowdown underpinned by a decrease in advanced orders – both at home and overseas – along with a weakening labour market, flat investment intentions and a decline in cashflow performance.

“Driving this has been, firstly, fiscal pressures from 14 consecutive increases in the base rate by the Bank of England. It may be the lag time between rate hikes and subdued consumer demand has now passed and we are experiencing the full impact of that prolonged, proverbial belt-tightening.

“Away from this, we’re also experiencing an unpredictable political environment, with multiple ‘resets’ as the country gears up for a General Election. This has meant an increase in policy announcements, arguably with more of an eye on positioning as opposed to meaningful growth strategies for UK plc.

“Looking at historical trends via our State of the Economy Index, it’s not unusual to see things slow down ahead of an election, but the concern is that continued uncertainty about when this might take place could act to lengthen the duration of this for businesses.

“Sentiment is an incredibly powerful – and often underestimated – factor in economic activity. As businesses seek surety over the environment into which they’ll be investing over the coming 12 months, it’s incumbent on all parties to ensure we don’t allow the nature of our political cycles to mean we are found wanting.

“But one note of confidence – this time 12 months ago, many were predicting a recession in 2023 that never materialised. And when talking to individual businesses, the big picture trends we see are hiding many, many positive stories of growth and success.”

East Midlands Chamber Quarterly Economic Survey Q4 2023 findings

Key findings from the Quarterly Economic Survey Q4 2023 for the East Midlands, which was completed by 370 organisations between 6 and 30 November 2023, included:

  • UK and overseas sales have each remained steady throughout the year, increasing by a net 2% between the third and fourth quarters, but there were declines in advanced orders for a net 9% and 10% for UK and overseas respectively
  • Recruitment has slowed with a net 8% drop in businesses that added to their headcount in the prior three months compared to the previous quarter, although there was a net 1% rise in firms expecting to increase their workforce in the next three months
  • Many employers continue to face challenges with filling job vacancies – 55% of organisations attempted to recruit and, of those, more than seven in 10 (72%) experienced problems in finding suitable staff. Skilled manual and technical, and professional and managerial roles were the most difficult to fill.
  • After easing throughout the year, price rises are back on the agenda. In Q1, 54% of businesses had expected to increase their prices due to cost pressures from energy, raw materials, people and fuel. This fell to 30% in Q3 before rising again to 40% in the final quarter of the year, with increased labour costs the main driver
  • A net 7% of firms reported cashflow was down in Q4, a 6% rise from the previous quarter
  • There was no difference in intentions to invest in plant and equipment between the third and fourth quarters, but investment intentions for training increased by 5%. Both indicators have remained very low throughout 2023, with the total proportion of firms intending to increase their investment never climbing above 20%
  • Business confidence shows a mixed picture, with confidence in profitability prospects down by 2% compared to the previous quarter but up by 4% for turnover expectations.

Chris Hobson speaking at the Annual State of the Economy Conference

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Regional unemployment rate remains among lowest in the UK

The East Midlands’ unemployment rate has remained at 3.7% for the fifth month running, new figures by the Office for National Statistics (ONS) show.

It puts the region near the top of the list for having a low proportion of over-16s out of work and significantly below the UK average of 4.2%.

The data, for the period between August and October 2023, means the region’s unemployment rate has now been under 4% for the past two years, having last been above the threshold in the three months to October 2021.

The economic inactivity rate for 16 to 64-year-olds – which measures the number of working-age people who have dropped out of the labour market for reasons such as retirement, caring duties, long-term ill health or studying – remained at 20.9% for the East Midlands for the third consecutive month, above a pre-pandemic trend around the 19% mark.

East Midlands Chamber chief executive Scott Knowles said: “The fact our region’s unemployment rate has remained at a relatively low level for such a prolonged period is testament to the efforts and resilience of our region’s business community in the face of significant economic challenges.

“Rising economic inactivity has been one of the greatest concerns over the past couple of years as it led to a dwindling labour market, which has restricted capacity – and therefore the ability to grow, raise productivity and bring prices down.

“While this rate remains above pre-Covid levels, it’s pleasing to see this has now come down by about 2% throughout this year, giving firms more room to manoeuvre.

“However, our own research shows there is no room for complacency. Our Quarterly Economic Survey shows a net 7% of businesses have increased their workforce during the final three months of 2023, compared to a net 15% in the previous quarter – an indication of the tough trading challenges that persist. Over the next three months, a net 17% expect their workforce to expand in size, so prospects may improve.

“Many employers continue to face challenges with filling job vacancies. More than half (55%) of organisations attempted to recruit during Q4, and more than seven in 10 (72%) of these experienced problems in finding suitable staff. There are particular shortages to fill skilled manual and technical roles, as well as professional and managerial positions.”

East Midlands Chamber published its regional economic blueprint, titled A Centre of Trading Excellence: A Business Manifesto for Growth in the East Midlands and Beyond, in November last year, urging Government to focus on the “four Is” of investment, innovation, infrastructure and international trade.

It set out a list of policies to encourage businesses to invest in their people, including introducing flexible incentives for businesses that invest in staff training and bringing forward the introduction of the Lifelong Loan Entitlement to support retraining and the retainment of an older workforce.

Scott added: “We really need a dedicated Government policy that supports companies to invest in their people, whether that be in upskilling their existing workforce or reskilling prospective employees to fill skills gaps.

“We must also tailor policies to recognise the diversity of people who are out of work and avoid a one-size-fits-all solution. We would also like to see Government work with businesses to offer support, and share best practice, on what a flexible and inclusive workplace looks like as this is another vital ingredient in enticing people back to work.”

To read the Chamber’s Business Manifesto for Growth, A Centre of Trading Excellence, visit www.emc-dnl.co.uk/manifesto.

 

Scott Knowles

Scott Knowles, Chief Executive of East Midlands Chamber

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Businesses urged to find out more about Chesterfield Accelerator support scheme

A range of new business support programmes that aim to provide advice and funding for both established and start-up businesses has been launched in Chesterfield.

Chesterfield Borough Council and East Midlands Chamber launched the support projects at an event at Chesterfield Football Club’s SMH Group Stadium on Thursday 7 December.

The Chesterfield Accelerator initiative, which will be run by East Midlands Chamber but funded by Chesterfield Borough Council through the UK Shared Prosperity Fund (UKSPF), includes a dedicated local business advisor, access to a range of courses and workshops on a variety of topics which are free for local businesses to attend.

Chesterfield Borough Council has also launched a new business grant scheme funded through the UKSPF. The grants are open to any business based in Chesterfield and can be used to support initiatives designed to help the business grow.

Councillor Tricia Gilby, Leader of Chesterfield Borough Council and cabinet member for economic growth, said: “We are an ambitious borough with our sights firmly set on growing the local economy to create new jobs and improve the quality of life for our residents.

“We recognise the importance of working closely with local businesses to deliver growth. Our business support packages aim to help businesses in any sector and of any size to realise their potential. From providing tailored business advice to business grants and hosting workshops, there is a wide range of support available.

“I encourage any business owner in Chesterfield to look closely at the support we can provide and to get in touch with us as soon as possible to access these business support programmes.”

The Chesterfield Accelerator is one of 16 Accelerator programmes being run by the Chamber across the East Midlands. The programme includes access to a dedicated business advisor who can provide advice on a wide range of issues relevant to businesses.

It also includes access to training workshops designed to support development in areas like digital skills; a subsidy for a 12-week executive leadership programme; support to apply for grant funding; networking sessions; vouchers for specialist consultancy programmes; and energy saving audits.

Diane Beresford, Deputy Chief Executive of East Midlands Chamber said: “It was standing room only at today’s launch event, such is the interest of local businesses in the new Chesterfield Accelerator project, decarbonisation grants and the business grants on offer from the Council.

“The Chamber and Council have a great track record of partnering on such initiatives, including on the Chesterfield Digital High Street Project which brought much-needed footfall to the town’s high street businesses. We’re now looking forward to reaching a much wider range of sectors to give businesses the skills and resources they need to build in the most robust way for the future.”

As well as the Chesterfield Accelerator, businesses in Chesterfield can access the new grant scheme that could provide 80% of the cost of investments designed to help a business grow or expand. This could include the cost of new equipment – for instance a local café could apply for new machinery that would help expand their menu. These grants are only available for a limited time, and businesses are advised to apply as soon as possible.

Green business grants are also available to help businesses to reduce their carbon footprint.

The new initiatives complement the existing business support offer in Chesterfield which includes a local business advisor who can provide advice and support on a range of relevant issues. These include:

  • An Innovation Support Programme which includes regular workshops designed to give business leaders information around new topics and industry standards.
  • A skills brokerage service which aims to provide local businesses with advice around skills development, including apprenticeships and will signpost them towards relevant training courses.
  • As part of Vision Derbyshire anyone in Chesterfield looking to start their own business can access specialist start-up advice and grant funding to help with the initial costs.
  • Chesterfield Borough Council also runs a dedicated commercial property service.  Through this service landlords can advertise properties for free and business owners looking for premises can receive advice on the types of property currently available.

Find out more about the wide range of business support programmes available in Chesterfield.

Chesterfield Accelerator launch

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East Midlands can ‘lead the way’ in energy transition, Midlands Energy Summit hears

The East Midlands has the potential to “lead the way” in the energy transition to net zero by holding some of the key ingredients – but businesses need more support to make changes right now.

These were two of the headline messages at the Midlands Energy Summit, held by East Midlands Chamber at the University of Nottingham’s Trent Building yesterday (Thursday 30 November).

Speakers from major organisations including Toyota, Uniper, National Grid and the East Midlands Freeport gave an insight into some of the clean energy activities happening in the region, including in hydrogen, nuclear fission and nuclear fusion.

A new East Midlands zero-carbon innovation centre, which aims to transform cutting-edge green research at the University of Nottingham and Loughborough University into commercial products, was announced by the Freeport’s chief executive Tom Newman-Taylor at the event – with the Freeport contributing £5m over funding towards the initiative.

East Midlands Chamber director of policy and insight Chris Hobson said: “With three of the big bases for future energy provision – hydrogen, nuclear fusion and nuclear fission – being developed here in the East Midlands, across a range of nationally-critical projects and research that is backed by public and private sector investment, we are leading the way in the energy transition.

“It was fascinating to hear more about some of these plans from the major players in these areas, and the new East Midlands zero-carbon innovation centre is an exciting initiative that taps into these strengths while developing new sectors that will deliver further investment and high-quality jobs for our communities.

“But while the future holds plenty of promise, we mustn’t forget about what we can do here and now to make gains in the green agenda. Toyota is a great example of a company making small adjustments to save lots of energy and while some of these learnings can be passed down through the supply chain, there is plenty more we can do.

“Small businesses tell us they want to make the necessary changes to decarbonise their operations, and many are already taking huge strides forward, but require more support.

“Our Sustainable East Midlands initiative can signpost businesses to funded programmes, events and best practice. More broadly, it’s crucial for businesses, the public sector and universities to work closer together to develop research and roll out new technologies that will help the East Midlands and UK to become a world leader in the net zero economy.”

Midlands Energy Summit - Scott Knowles

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