Markham Vale has seen a spectacular start to 2017. Since January’s opening of the new spine road on Markham Vale North, Henry Boot Developments and their development partner Derbyshire County Council have completed, commenced construction and secured offers for 850,000 sq ft of industrial space at the flagship development.

Chesterfield Champion, Start Financial Planning has expanded its team further with the appointment of Nick Evans.

Nick (28) from Hasland, joins the independent financial advice firm as a trainee financial advisor. He makes the move to the financial services industry from a career in training and, prior to that, banking where he worked for a high street building society for six years.

Nick’s appointment plays a key part in the firm’s ambitious growth plans. He is currently undertaking financial advisor qualifications and expects to qualify in October later this year.

He commented:-

“I am loving the challenge that my career change has brought. While I have experience of working in a financial environment, I am now learning about and dealing with a vast array of financial products in order to deliver truly independent financial advice.”

Outside work, Nick plays guitar with a few local bands and last year played with the indie folk duo The Natterjacks at Derbyshire’s Y Not Festival.

Start Financial Planning was established last year by Steve Taylor and Michael Heath. Working closely with firms within Chesterfield’s professional services sector, Start has brought a new approach to the world of financial planning.

Welcoming Nick to Start, Steve said:-

“We’re delighted to have Nick on board. His appointment embodies our approach to doing things differently from other financial advisers. We want to develop team from the ground up, training them in all aspects of the business so that they have full knowledge of products, markets and our clients. This, we believe, delivers a far superior service.”

Delivering a full financial planning service to individuals and businesses nationwide, Start’s services are in high demand from small business owners who are keen to maximise their pension contributions.

As well as pensions and exit strategies, Start Financial Planning also specialise in tax planning, estate planning, investments, business and personal protection.

BHP Accountants recently released their Top 50 survey of the most profitable SMEs in North Derbyshire, which showcases many of the region’s most successful businesses, that all contribute hugely to the local economy.

Download the Top 50 SMEs in North Derbyshire

The services and manufacturing sectors dominate the table this year, with the largest turnover figures of £272million and £130million respectively, followed by the wholesale sector which has a £118million turnover and the retail sector which has a £101million turnover.

Retail businesses have outperformed other industries this year, with a 13% increase in turnover, a 17% increase in pre-tax profits and a 43% increase in employee numbers. This is very encouraging news for the retail sector, which has demonstrated good growth patterns lately, after years of poor performance.

Overall the manufacturing sector has experienced a 3% fall in turnover, but an 8% growth in pre-tax profits, and 10% growth in employee numbers. With many companies in this sector reporting growth in profits and employee numbers, it’s largely very positive news for manufacturing, and this should enable further investment in the sector.

The services sector also continues to grow steadily, with an 8% growth in annual turnover, although there has been considerable pressure on profits, with a 13% annual decrease. This has therefore resulted in a decline in employment figures of 8%.

This year there have been 15 new entrants from varying sectors in the Top 50 table, the highest is for Pbst Limited, a financial services firm in 13^th place, followed by Cloudbass Limited, which provides solutions to the broadcast market, and came 22^nd in the table.

Dominic Staniforth, Partner at BHP Accountacts said  “In general, it’s still a favourable fiscal environment for investment, with both the Capital Allowances and Annual Investment Allowance helping to support growth, and the continued low interest rate economy should help to encourage further growth and stimulate investment.

However, the uncertainty surrounding post Brexit implications for the economy will keep playing on many peoples’ minds, so we will have to wait and see what impact these factors will have on the attitude of business owners throughout 2017.”

” In summary, there will no doubt be both challenges and opportunities ahead for all of the companies in this year’s Top 50, but having worked with and advised many of them during my career, I am confident that these North Derbyshire SMEs will continue to succeed and benefit the local economy greatly. ”

A strong vision for the Midlands’ economic and transport future – laid out in two important strategy publications – has been welcomed by the D2N2 Local Enterprise Partnership.

Coming the day after the 2017 Budget the publication of the Midlands Engine Strategy and the Midlands Connect Strategy anticipate major investment, to generate regional growth, to benefit all communities.

Chancellor Philip Hammond was in Dudley, West Midlands, this week to launch the Midlands Engine Strategy, a copy of which can be found online here.

The Midlands Engine is a partnership of ten Local Enterprise Partnerships – including D2N2 (which promotes economic and jobs’ growth across Derby, Derbyshire, Nottingham and Nottinghamshire) – local authorities, businesses, and education providers; aiming to create 300,000 jobs and add £34billion to the region’s economy by 2030.

The Midlands Engine Strategy aims to help the region address productivity barriers, enable businesses to create more jobs, and to export more goods and services.

It will do this by focusing on the five key objectives of:

• Improving connectivity to raise productivity.
• Strengthening skills to make the Midlands more attractive to businesses.
• Supporting enterprise and innovation to foster a more dynamic regional economy.
• Promoting the Midlands nationally and internationally, to maximise trade and investment in the region.
• Enhancing quality of life to attract and retain skilled workers, and to foster the local tourist economy.

Practical steps in the Strategy to achieve these objectives include:

• Plans to invest £392million across the Midlands through the Government’s Local Growth Fund.
• £20million for a Midlands Skills Challenge fund, to help close the skills gap between the Midlands and the rest of the country.
• A £250million Midlands Engine Investment Fund, which from this spring (2017) will provide financing to help small and medium-sized enterprises (SMEs) grow.
• A Midlands Trade and Investment Programme, to help position the Midlands Engine on the global stage. This will include export events in Europe, North America, Asia, Africa and the Middle East; and the presentation of a Midlands Engine Investment Portfolio at MIPIM 2017 – the annual global property investment exhibition to be held in Cannes, France, next week – which will set out the most exciting investor opportunities in the Midlands region.

Philip Hammond MP, Chancellor of the Exchequer, said:-

“Underpinning the Midlands Engine Strategy, and crucial to its success, is close engagement with local partners – Local and Combined Authorities, universities, businesses and Local Enterprise Partnerships.”

He added:-

“Working together, we can achieve our ambitious vision for a Midlands’ economy that works for everyone.”

Improving transport connectivity across the region, and between it and the rest of the UK and the world, is essential to carrying forward the ambitions of the new Midlands Engine Strategy – a fact recognised in the Midlands Connect Strategy.

Midlands Connect is a partnership of 28 local authorities across the East and West Midlands, businesses, ten LEPs (again including D2N2), Network Rail, Highways England, HS2 Ltd and associate member the Department for Transport.

The Midlands Connect Strategy: Powering the Midlands Engine report also published this week is the result of 18 months of extensive consultation. It proposes an ambitious 25 year programme of investment in strategic road and rail improvements, to reduce congestion and improve journey times across the Midlands, to aid its economic growth. A full copy of the transport Strategy can be read online here.

Priorities spelled out in the Midlands Connect Strategy include:

• A52 improvements between Derby and Nottingham, including to enable access to the future East Midlands HS2 Hub Station at Toton, and to improve the route to East Midlands Airport. These plans are to be delivered by the end of the 2020s, to improve east-west connectivity.

• Measures to relieve traffic pressures affecting the central Midlands motorway network, including on the A42 and A5 roads.

• A’ smarter’ approach, to make personal and commercial travel across the Midlands’ areas and between different modes of transport simpler. This would include smart and digital travel ‘tickets’ and applications, and trials for connected passenger and freight autonomous vehicles.

Commenting on the Midlands Connect Strategy today Peter Richardson, Chair of the D2N2 Local Enterprise Partnership, added:-

“With the commitment to complete HS2 and an interchange at the East Midlands Hub in Nottinghamshire, and potentially a high speed station and maintenance facility at Chesterfield by early 2033, an evidence-based and considered plan of action is needed to make the most of the opportunity which the HS2 network presents to communities and businesses throughout our area.

“Developing the projects set out in the Midlands Connect Strategy will stimulate the economy further, and give the vast talent pool across Nottinghamshire and Derbyshire greater access to jobs and businesses throughout the Midlands, from east to west and north to south.

“We are in full support of flagship projects such as the Midland Main Line upgrade and electrification; and the development of the Newark Northern bypass. These could increase the speed of journeys across our region, giving businesses and their employees better access to the talent across the region; especially in the triangle of cities which is Derby, Nottingham and Leicester. The development plans for the A52, including a mass transit strategy and access to the HS2 Hub, will also have a major impact on our area. If we are to see the true potential of all our communities in the Midlands we need these recommendations to be acted on as soon as possible.”

Sir John Peace – who is Chair of both the Midlands Engine and Midlands Connect – said today:-

“We have come together across a wider geography than has been attempted before, to deliver a collective view of what the Midlands can achieve.

“We are confident in our physical, economic, commercial and cultural assets – and in our people – and our potential to contribute more to the success of UK plc.

“We believe that with the right investments in place the Midlands can raise its performance to match global cities like Singapore, Shanghai and New York. We can grow faster and generate more wealth, helping the government to create an economy that serves everyone well.”

Copies of the Midlands Engine Strategy can be found online here and the Midlands Connect Strategy: Powering the Midlands Engine report here.

Rockliffe Homes Ltd has begun work on a £5.5m development that will result in 37 new homes being built in Brimington, Chesterfield.

Ringwood Meadows, which consists of a mix of two, three and four bedroom homes, has progressed thanks to financial backing from the Homes & Communities Agency by way of the new, recently announced £3 billion House Building Fund.

It is already attracting interest from buyers; with local estate agent Wilkins Vardy appointed to oversee sales.

Contractor Atkinson Construction Group is now on site building the houses, with the first phase of the scheme scheduled for completion in 2017. Available to purchase through the Government’s Help to Buy scheme, the site will address the ‘very pressing’ need for more housing in and around Chesterfield.

Anuj Joshi, Managing Director at Rockliffe Homes’ said:-

“Ringwood Meadows is ideally located close to local amenities including everything the Hollingwood Hub has to offer, whilst also bordering beautiful, open countryside.

“Furthermore, this scheme is on track to provide families and young professionals with access to well appointed, quality homes that are designed to address the shortage of properties here in Chesterfield.

“We are also delighted to be able to offer the Help to Buy scheme to purchasers which is a fantastic initiative dedicated to helping people who are looking to make their way onto the first rung of the property ladder to fulfil their ambitions.”

The company, has secured additional funding from the Homes and Communities Agency which will allow it to acquire and develop new sites in the region with a focus on bringing high quality homes to areas experiencing a housing shortage.

Craig Johns, Senior Transaction Manager at the Homes and Communities Agency, said:-

“Providing a loan to Rockliffe Homes, will not only create 37 new homes in Brimington, but will also support Rockliffe Homes in its continued expansion. It is fantastic that our investment will not only increase the number of homes available for local people but will also create skilled jobs on brownfield land.”

Dan Elliott, Managing Director of Chesterfield based estate agents Wilkins Vardy, said:-

“We have been met with superb levels of interest for this development. Phase 1 was released in September 2016, and all plots were reserved soon after. We already have names and numbers of people wanting to reserve on phase 2, which will be released in the summer.

“We know that there is real demand for quality, family housing in and around Chesterfield, and so it is not surprising that so many people are responding quickly to what promises to be a very practical yet picturesque development.”

John Burrows, Chesterfield Borough Council leader, on a site visit recently said:-

”It’s an exciting quality development and very welcome in Brimington. It is particularly pleasing the homes are being bought mainly by local first time buyers.”

Councillor Tricia Gilby, who is County Councillor and Leader elect in Chesterfield, added:-

”The work is proceeding at a pace and the first phase is due for occupancy in the early Autumn. This is the first development of this quality and size in our village for a long time. We want to be able to welcome the new homeowners as soon as they are settled in their new homes.”

Councillor Terry Gilby, the Deputy Leader and planning cabinet member for the Borough,  who was also on site said:-

“To see the unused Day Care centre site coming back to life in such a way is testament to how we support Brown field sites for housing development. The homes are in such demand because the buying price is assisted by the Help to Buy scheme, when complete it will be a welcome addition to the hosing available in the borough”.

Regeneration of a key Chesterfield site has moved a step closer as works are completed to prepare the ground conditions at the former Trebor factory site, ahead of the Basin Square phase of the Chesterfield Waterside development.

Chesterfield Borough Council is a partner in the project, which is listed by Regeneration and Renewal magazine as the 47^th largest regeneration project in the UK.

The project is led by Chesterfield-based Bolsterstone Group plc, with Arnold Laver Group as stakeholders in the project.

Ground works to prepare the Basin Square site have been carried out by Chesterfield-based company NT Killingley Ltd.

As part of the groundworks contract, an acoustic noise bund has also been built alongside the A61 on the former Arnold Laver site, which will pave the way for approximately 300 family homes to be built in the Park area of the Waterside development.

The first phase of residential housing on Brimington Road, comprising 19 new homes was developed for Great Places Housing Association, are now complete and fully occupied.

The site enabling works were carried out thanks to a £2.7 million grant from the Sheffield City Region Infrastructure Fund.

Councillor John Burrows, Chesterfield Borough Council’s leader, said:-

“Chesterfield Waterside is key to transforming the borough’s economy.

“The next phase, which will create more than 300 new jobs, is happening now thanks to our place at the Sheffield City Region table and our ability to negotiate grant funding allowing the developers to bring this work forward.”

Peter Swallow, Director of the Bolsterstone Group plc, said:-

“I am delighted that the works to restore and prepare this area of the site are now complete after many months of planning and four months of site works.

“All the old buildings, related foundations, drainage, etc have been removed, leaving clear development platforms.

“Completion of this work, coupled with the recent grant of planning permission for the heights and massing of the proposed buildings, means that we are now in a position to move forward and complete negotiations with investors and occupiers for the delivery of the first phase of Basin Square at Chesterfield Waterside. It is a very exciting time.”

Sir Nigel Knowles, Chair of the Sheffield City Region Local Enterprise Partnership, said:-

“Sheffield City Region is proud to support the regeneration of Chesterfield Waterside as we work together to build a truly competitive centre of business excellence.

“Sheffield City Region Investment Fund is our major capital programme which enables local leaders to work together to leverage private and public sector investment more effectively.

“Chesterfield Waterside, which will create hundreds of jobs and boost the economy, is an excellent example of our very robust approach to prioritising and selecting the highest standard of programmes.

“We are confident that every pound invested in Chesterfield Waterside will maximise economic growth, boost business and create more and better jobs.”

When complete, the Chesterfield Waterside development will include:

• 1,500 modern houses and apartments
• New employment opportunities in Grade A office accommodation situated directly adjacent to Chesterfield’s railway station
• An 84-bed hotel
• Multi-storey car park with approximately 440 spaces
• Shops, cafés and bars around the new canal basin and public square
• A network of open spaces and a park along a rejuvenated Chesterfield Canal and River Rother.