east midlands business news

East Midlands businesses tell Chamber what they want from next Government ahead of party conferences

Long-term strategies for energy and industry are top of the wishlist for the region’s businesses ahead of the next General Election, according to a new study by East Midlands Chamber.

Speeding up the rollout of full-fibre broadband and 5G connectivity, greater investment in road and rail infrastructure projects, and better incentives for upskilling and reskilling people followed closely behind as priorities.

The chamber of commerce for Derbyshire, Leicestershire and Nottinghamshire asked businesses to provide views on 20 policy asks in its latest Quarterly Economic Survey, with the development of a long-term energy strategy for the UK ranking as being the most important.

Results were compiled to establish a list of top priorities for businesses, which has been published ahead of the upcoming Labour and Conservative party conferences in October.

Chris Hobson, director of policy and insight at East Midlands Chamber, said: “With a General Election drawing closer on the horizon, it’s hugely important for the voice of businesses to be heard by the next Government in order to drive sustainable economic growth that delivers jobs and prosperity.

“After many years of policy flip-flopping, economic shocks and the resulting uncertainty this has created for businesses, long-term planning appears to be front and centre of minds.

“A long-term energy strategy is understandably top of the list given the huge rise in utilities costs for firms and households over the past two years combined with the opportunities business see to deliver future solutions in this space. It’s closely followed by a comprehensive industrial strategy that finally addresses the UK’s perennial productivity problem – which is crucial to growing output, creating jobs and bringing down inflation.

“In our regional economic blueprint, A Centre of Trading Excellence: A Business Manifesto for Growth in the East Midlands and Beyond, launched in Westminster last year, we highlighted the importance of infrastructure – that is, both digital and transport – as one of ‘four Is’ to spearheading growth.

“Businesses are telling us they want to see real improvements across broadband and 5G connectivity, which are both crucial to 21st century working, while investing in our roads and rail is crucial to their future success – an important consideration at a time Government is deliberating over the future of HS2 and our region continues to be bottom of the pile for public transport investment.

“We have also spoken in our manifesto about ‘getting the basics right’ and ‘growing our competitiveness the right way’, and both these themes are reflected in our survey as firms tell us they want the broken business rates to be made fit for purpose and better incentives to support the net zero agenda.”

Policy priorities for East Midlands businesses

The responses on policy priorities were gathered by East Midlands Chamber in August and September 2023 as part of its Quarterly Economic Survey, in which 296 businesses across Derbyshire, Leicestershire and Nottinghamshire took part.

They were presented with a list of 20 policy asks of Government and asked to score them based on importance to their organisation, providing additional comments as to why. The top 10 priority areas, in order, were:

  • The development of a long-term Energy Strategy for the UK
  • The development of a long-term Industrial Strategy for the UK
  • Speeding up the rollout of full-fibre broadband
  • Greater investment in local infrastructure projects (road, rail)
  • More flexible/generous incentives for investment in staff development/reskilling (including application of Apprenticeship Levy)
  • Greater investment in major infrastructure projects (road, rail)
  • Speeding up the rollout of 5G technology
  • Comprehensive reform of the business rates system
  • Greater investment in integrated public transport networks
  • More flexible/generous incentives for developments associated with the green agenda.

Perfectly located in the centre of the UK with excellent connectivity to several major cities, find out why Chesterfield is a great location for your next business base.

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.

Chris Hobson, East Midlands Chamber

Chris Hobson, Director of Policy and Insight, East Midlands Chamber

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Sustainability Summit encourages green growth across the East Midlands

East Midlands Chamber has praised the ‘shining examples of success’ of green growth in our regional business community at its latest Sustainability Summit.

The event explored how to unlock the green growth for SMEs and the wider East Midlands economy – across themes including leadership, innovation, international trade and best practice.

It took place against a backdrop in which Prime Minister Rishi Sunak announced the Government will water down net zero policies, including delaying a ban on the sales of new petrol and diesel cars and phasing out gas boilers.

Speakers at the Sustainability Summit said “flip-flopping” over net zero commitments from Westminster created huge uncertainty that undermined long-term investments and would ultimately harm the UK’s quest to become a global leader in the green economy.

About 200 people representing organisations from across Derbyshire, Leicestershire and Nottinghamshire gathered for the event, held in partnership with the University of Derby, Mazars, Thompson Tree Services and Epson.

East Midlands Chamber director of policy and insight Chris Hobson said: “We heard at our Sustainability Summit about some of the great things that businesses are doing in pursuing green growth and the very tangible rewards they are reaping with innovation and financial growth.

“These are the shining examples of success we can glean from embracing net zero, which means viewing it as not just a challenge but a golden opportunity.

“Yet while our national leaders correctly talk up the research and development strengths of our businesses and ambitions to be a global leader in developing low-carbon goods and services, there is a huge disconnect between this messaging and Government policy – as evidenced by the Prime Minister’s ill-judged shifting of the goalposts on our country’s net zero commitments.

“We saw first-hand the impact policy flip-flopping has on business decision-making during the chaotic political landscape of 2022, which quashed business confidence and thus investment. The lack of certainty about the future direction of our economy will unfortunately have a similar impact at a time when we should be encouraging transformational long-term investment.

“Having net zero targets is one thing, but to get us there we require a roadmap that will be led by business innovation. The vacillating from our political leaders instead undermines our ability to make real progress in this space and we instead find ourselves stuck in limbo when it comes to the most significant economic opportunity of our lifetime.”

Findings from the Green Growth Trends in the East Midlands research conducted by the Chamber and University of Derby were discussed by report author Dr Polina Baranova, associate professor of strategy and sustainability.

It showed the proportion of East Midlands businesses that have made any income from environmentally-friendly goods and services dropped from 45% in 2022 to 36% in 2023, decarbonisation investment varies significantly according to business size and sector, and a widening gap in business support and information.

Dr Baranova said this illustrated not only the impact of the cost-of-doing business crisis but the “fragility” of the current policy landscape, with green growth yet to be a firmly embedded business philosophy.

Other highlights at the Sustainability Summit included:

  • East Midlands Chamber president Stuart Dawkins discussed how sustainability is at the heart of businesses’ responsibility to support their communities and future generations
  • Professor Chris Bushell, pro vice-chancellor and head of sustainability at the University of Derby, outlined how the institution is taking a lead in the net zero agenda via its research, innovation, thought leadership and knowledge capital
  • Ian Meikle, director of clean growth at Innovate UK, explained how Britain can create jobs and sustainable economic growth by developing its own low-carbon products and services, but this required stable policy and regulation, innovation in business models and supply chains, and a step-change in access to capital
  • Chris Fuggle, global head of sustainability services at audit, tax and advisory services firm Mazars, provided practical strategies to upskill leadership teams on the environmental, social and governance (ESG) agenda and embedding sustainability at board level
  • Charlie de la Haye, communications manager at Epson UK, gave an insight into how the global printing manufacturer had pivoted its business model to deliver green goods and services while demonstrating how it could deliver cost-saving benefits to customers.

Chris Hobson speaking at the East Midlands Chamber sustainability summit

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Chesterfield firms encouraged to enter regional Business Leadership Awards

Business leaders in Chesterfield are being encouraged to raise the profile of their organisations and their people by entering a prestigious regional awards ceremony.

Regional business media outlet, The Business Desk is hosting the East Midlands Leadership Awards 2024, and nominations are now open for companies across the area.

TheBusinessDesk.com set up the East Midlands Leadership Awards to showcase leaders and role models within organisations across our area. The winners will demonstrate the qualities of ‘extraordinary leadership’ and be able to show the positive impact this has had on their organisation, industry or the wider community.

The Leadership awards offer a chance for businesses to display their successes to the entire East Midlands region.  The awards are free to enter, and the deadline for entries is Friday, 10th November.

The best of the region’s business leadership will be crowned in a special ceremony on 14th March 2024 at the Crowne Plaza Hotel in Nottingham.

Sam Metcalf, Midlands editor at The Business Desk, said: “TheBusinessDesk.com created the East Midlands Leadership Awards to celebrate the people that are role models within their organisations and raise the bar for their competitors. The winners will show the qualities of extraordinary leadership and be able to demonstrate the positive impact this has had.

“The Leadership Awards offer a great opportunity to recognise and showcase the achievements and success of businesses in the region.”

Categories available to enter include:

  • Young Leader
  • Public & Third Sector Leader
  • Mentor
  • Emerging Entrepreneur Leader
  • Diversity & Inclusion Leader
  • Professional Services Leader
  • Transformational Leader
  • Green Leader
  • HR leader
  • Sales Leader
  • Marketing Leader
  • Technology Leader
  • Finance Leader
  • Property Leader
  • Company Leader (up to 100 employees)
  • Company Leader (up to 100+ employees)
  • Leader of the Year

For more information on the categories, and to nominate your organisation or people for an award, visit The Business Desk website.

Two people shaking hands

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Young professionals in the East Midlands urged to have their say in survey that aims to retain region’s emerging talent

Young professionals in the East Midlands have been invited to take part in a survey as part of a project to enhance their development opportunities.

East Midlands Chamber’s Generation Next network has launched the study to gain a deeper understanding of what young people want to achieve and what support they require to realise aspirations.

The survey results will help it to improve the network, which supports 18 to 35-year-olds working in the region to develop their skills, access mentoring opportunities, broaden their networks and have their achievements recognised through an annual awards programme.

With only about a third of graduates from the region’s six universities remaining in the East Midlands after completing their studies, this will also support Generation Next’s wider mission to retain more young talent in Derbyshire, Leicestershire and Nottinghamshire.

East Midlands Chamber director of resources and Generation Next lead Lucy Robinson said: “Graduate retention is one of the major issues holding back our economy from realising its tremendous potential as having a young, skilled workforce can attract businesses to invest here, which creates the jobs and wealth that allows our communities to prosper.

“The insights we will gather from this survey will be crucial in helping the Chamber and employers across our region to address the needs and values of our young workforce, so we can together create opportunities to help them build their futures in the East Midlands.”

The network, which is backed by a governance board of “champions” within its age group, aims to achieve this by creating better business and learning opportunities tailored to the needs of young workers through its skills-based and social events, mentoring scheme and document library.

The survey will also assist by amplifying their voice across the East Midlands Chamber network of more than 4,000 members, giving regional employers an insight into the driving forces behind young people’s early career choices so they can create a better environment for them to live and work.

Findings will be outlined at Generation Next’s inaugural conference in October, which is funded by its newest partner, ITS Technology Group.

Daniel Nikolla, chair of the Generation Next board and marketing manager at Hardy Signs, added: “Launching the survey is one of my key objectives for my term as chair. We want to be the voice of the next generation of business and amplify their messages to the wider business community, and the results from the survey will help us do just that.”

To fill in the Generation Next young professionals’ survey, visit bit.ly/GenNextsurvey

Commerce House

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Latest employment figures show ‘great resilience’ of East Midlands businesses

Figures show that unemployment in our region has dropped for the second consecutive month, despite the overall UK unemployment rate rising by 0.2%.

The East Midlands’ unemployment rate has reduced to 3.3% for the period between March and May 2023, new figures by the Office for National Statistics (ONS) show.

It fell by one-tenth of a percentage point from the previous reporting period to April, moving in an opposite trajectory to the UK unemployment rate, which rose from 3.8% to 4%.

The region’s economic inactivity rate – 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 – dropped by three-tenths of a percentage point to 21.2%, the lowest level in a year.

East Midlands Chamber chief executive Scott Knowles said: “Despite some mild concerns earlier in the year that the unemployment rate was rising, it appears to have stabilised around historically very low levels, which reflects the great resilience of the East Midlands business community amid some very tough challenges.

“Rising economic inactivity has been one of the greatest concerns over the past year 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 significantly above pre-Covid levels, it’s pleasing to see this has now come down by just under 1.5% in the past nine months, giving firms more room to manoeuvre.

“Our own research backs this up but also illustrates persistent challenges, with our Quarterly Economic Survey showing seven in 10 businesses that attempted to recruit between April and June experienced problems in filling roles, compared to eight in 10 at the end of 2022.”

Nationally, regular pay grew by 7.3% during this period, a record annual increase despite lagging behind inflation, which stands at 8.7%.

Scott added: “While recruitment problems may be easing slightly, the record rise in wages suggests firms are still facing major cost pressures as the labour market tightness has forced employers to pay more for people at a time when they are being hit by inflation and surging interest rates.

“This is perhaps why future recruitment prospects are less optimistic, with a net 6% decline in East Midlands businesses adding to their headcount for the next three months. The proportion of firms intending to invest in training also declined by 3%, with business confidence fragile.

“What we desperately need is 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.

“In our Business Manifesto for Growth, we have set out a list of policies we believe will make the required difference, 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.

“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.”

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.

East Midlands Chamber - Chesterfield office

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Resilient businesses to be celebrated at this year’s East Midlands Chamber Business Awards

The resilience of the East Midlands business community during a tough trading environment will be celebrated at a trio of upcoming awards ceremonies later this year – and firms are invited to put themselves forward for recognition.

Entries are now open for the East Midlands Chamber Business Awards 2023, which includes three gala dinner celebrations in Derbyshire, Leicestershire and Nottinghamshire.

Businesses, charities and individuals from each county will be recognised across 14 categories, ranging from Outstanding Growth and Excellence in International Trade through to Environmental Impact and an Education and Business Partnership Award.

Headline partner Mazars will also select a Business of the Year winner for each county.

East Midlands Chamber chief executive Scott Knowles said: “With the cost-of-doing-business crisis following hot on the heels of the pandemic and Brexit, the past few years have been as tough a trading environment as many of us can recall.

“Despite this, we’ve seen tremendous resilience on display among our region’s business community, which has found new ways to grow, innovate and collaborate.

“We are once again hugely excited about celebrating these achievements in our Business Awards, which are always one of the most highly-anticipated events in the Chamber calendar – thanks to the sponsors that help to make it happen.”

The deadline for the East Midlands Chamber Business Awards 2023 is Monday 17 July.

Finalists will be announced at a president’s summer celebration on Thursday 24 August and they will then have a chance to state their case at virtual judging panels taking place on the week commencing 11 September.

A gala dinner to celebrate the Chamber’s Derbyshire Business Awards will take place on Friday, 17th November 2023.

To enter the East Midlands Chamber Business Awards 2023 or to find out about sponsorship opportunities, visit www.emc-dnl.co.uk/services/business-awards

East Midlands Chamber Business Awards 2023 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

Derbyshire Business Awards winners

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Signs of growth and confidence among businesses for year ahead, finds East Midlands Chamber study

After suffering a series of knocks over the past three years, East Midlands businesses are finally optimistic about what 2023 could bring, according to new research into the state of the region’s economy.

Uncertainty has been replaced with confidence, there has been a turnaround in sales and companies are now expecting to employ more people once again, East Midlands Chamber’s latest study illustrates.

Economic indicators covered by the business representation group’s Quarterly Economic Survey (QES), which is delivered in partnership with the University of Leicester School of Business, have been largely negative since the end of 2021, but they are all now heading in the right direction during the first quarter of 2023.

East Midlands Chamber director of policy and insight Chris Hobson said: “Following an uncertain end to 2022, these latest findings demonstrate how businesses are beginning 2023 by displaying signs of growth and an increasing confidence for the year ahead.

“Sales and advanced orders are steadily growing, cashflow is improving – although there are still significantly more businesses reporting a decline in cashflow (35%) as opposed to an increase (22%) – and price pressures continue their gradual drop-off.

“The relative certainty in the policy environment, at least compared to the constant flip-flopping that came before, is now leading to a significant upturn in business confidence and, therefore, investment intentions, which are crucial if we are to steer the economy back on track and achieve consistent growth.

“While the region’s unemployment rate has been at historically low levels in recent times, our research had shown a decline in employers recruiting – mainly due to an extremely tight labour market driven by escalating numbers of economically inactive people since the dawn of the pandemic combined with longstanding skills shortages.

“So it’s pleasing to see a positive swing, with a 7% increase in the proportion of businesses recruiting in the past three months and a 14% improvement in those expecting to add to their workforce before the summer, as this generates jobs and prosperity locally.

“While all this paints a far healthier picture than at the end of 2022, caution is required as many of these indicators are still down from where we were a year ago.

“We are moving slowly in the right direction but Government support is still required to ‘get the basics right’ by knocking down the everyday barriers to doing business, and then backing our firms to grow the economy by focusing on the ‘four Is’ – investment, innovation, infrastructure and international trade – all of which is laid out in our Business Manifesto for Growth.”

East Midlands Chamber QES Q1 2023 data

Key findings from the Quarterly Economic Survey Q1 2023 for the East Midlands*, which was completed by 347 organisations between 13 February and 9 March, included:

  • UK sales grew by a net 1% between Q4 2022 and Q1 2023, with UK advanced orders up by 15%. Overseas sales and advanced orders were both up by 6% quarter on quarter
  • A net 12% of businesses added to their headcount in the first three months of 2023, marking a 7% increase compared to the previous quarter, while a net 30% of firms expect to recruit new staff in the next three months – a 14% increase
  • Recruitment problems persist but are dropping off gradually – six in 10 (59%) businesses attempted to recruit in Q1 2023 and, of those, 73% faced problems filling roles, but this was down from 81% in Q4 2022
  • A net 52% of businesses expect they will be forced to raise prices as they grapple with rising costs for people, energy, raw materials and fuel – although this is down from 57% in the previous quarter
  • While a net 13% of firms reported a decrease in cashflow, there was a 4% positive swing
  • Investment intentions are now trending upwards, with a 12% increase quarter on quarter in the net proportion of firms saying they will invest in training and a 6% rise for investing in plant and machinery
  • Business confidence is now in positive territory, with a net 39% optimistic about growing turnover over the coming year – a 15% rise compared to last quarter – and a net 8% (up by 11%) expecting to improve profitability.

Professor Mohamed Shaban, associate dean for business and civic engagement at the University of Leicester School of Business, said: “The survey results are yet another testament to the resilience of businesses in the East Midlands.

“Despite the challenges in the past few years, businesses have successfully navigated their way through the uncertain domestic and global economic environment.

“Businesses have endured credit tightening, an inflationary environment, supply chain disruptions and skilled labour shortages, which have collectively hindered the possibilities for growth.

“New initiatives are required to support businesses to invest in technologies that help them achieve higher levels of automation, nudge them towards net zero goals and empower them to invest in upskilling employees.”

Commerce House

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East Midlands Manufacturing Network reaches 150 members a year after launch

A business network which brings together manufacturers across our region is celebrating success, achieving a membership of more than 150 businesses within its first year.

The East Midlands Manufacturing Network was set up by East Midlands Chamber in March 2022 in recognition of the importance of the manufacturing industry to the wealth and prosperity of the East Midlands.

The network was an initiative that formed part of the UK Community Renewal Fund-backed East Midlands Accelerator project run by the Chamber, although the business representation group always had the intention of continuing its support for the long term.

The Chamber recognised that very often, the challenges manufacturers face can be tackled via collaboration with others and engagement with the right people, through the right channels.

With its connections to Government, local authorities, landowners, the region’s other support agencies and universities, it is well placed to help manufacturers navigate a multitude of issues ranging from planning control to lack of expertise.

East Midlands Chamber deputy chief executive Diane Beresford said: “It’s a challenging time for manufacturers. More than any other sector, they’ve been hit by the meteoric rise in energy costs and raw materials, against a backdrop of recruitment issues.

“The reason the membership continues to grow is because the network offers very real and valuable support, and a safe space to share the concerns of running a manufacturing business at the present time. We’ve already seen several interesting collaborations that have sprung from the network.

“One area which we’re particularly keen to develop is the concept of technology forums. We know that digital technology is an important growth enabler for manufacturers.

“In the spirit of collaborative learning, we’d like to develop a roadshow where network members can host such forums to showcase how they have embraced technology. Sharing best practice and lessons learned in this way is undoubtedly of huge benefit to those members at an earlier stage of the same journey.”

Network meetings are held every six weeks in Nottinghamshire, Derbyshire, North Nottinghamshire and Leicestershire.

Topics to be covered are varied, and set by the membership in that area. They might include an update from Make UK, information on the adoption of Made Smarter in the East Midlands, an outline of Digital Upscaler technology support from the Chamber, or an announcement on the latest tailored manufacturing support on offer from the universities.

All meetings begin at 7.30am and end no later than 10am. Agendas for each meeting are added in advance to the https://www.emc-dnl.co.uk/services/east-midlands-manufacturing-network/ page of the Chamber’s website.

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.

East Midlands Manufacturing Network

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East Midlands Chamber launches Business Manifesto for Growth to develop region as a ‘Centre of Trading Excellence’

“Back the East Midlands to back the UK” is the opportunity being put to politicians today (Thursday 24 November) by East Midlands Chamber as it launches a blueprint for economic growth in this region and beyond.

Delegates from the chamber of commerce for Derbyshire, Nottinghamshire and Leicestershire, along with local businesses and MPs, visited Parliament to unveil the 12-page document, titled A Centre of Trading Excellence: A Business Manifesto for Growth in the East Midlands and Beyond.

It includes “The Big Opportunity” to further develop the East Midlands as a “Centre of Trading Excellence”, which reflects the region’s key assets in its industrial heritage, leading-edge universities, central location, and the country’s largest pure freight airport.

The Chamber, which represents more than 4,000 businesses, also calls on policymakers to “get the basics right” by outlining what businesses need now to succeed and take advantage of emerging opportunities via a series of key policy asks, covering people, taxation and regulation, and connectivity.

It then urges Government to “grow our competitiveness the right way” by doubling down efforts on net zero and the wider environmental, social and governance (ESG) agenda.

East Midlands Chamber chief executive Scott Knowles said: “We’ve long spoken about our region being a place that’s great for making things, moving things and innovating in how we do this.

“These strengths really came to the fore during the pandemic and shone a spotlight on our region being a Centre of Trading Excellence, which is about businesses wanting to trade more, trade differently, trade with new partners, and trade in a way that is cleaner and more effective.

“The former Bank of England governor Mark Carney once remarked on how the East Midlands is a bellwether of the UK’s economic health, as we proportionately have more manufacturing businesses and jobs than other regions but we’re not overly reliant on any single sector.

“In many ways, we are a microcosm of the national economy outside London, so our message to Government is if you want a blueprint for what a successful economy looks like, then the key components exist in the East Midlands.

“Creating a policy environment that helps businesses here to succeed can be replicated elsewhere, which ultimately spurs more trade that boosts the national economy, creates more jobs and improves people’s life outcomes. This is why we call on the Government to back the East Midlands to back the UK.”

By responding to a string of policy asks, the Chamber says Government can “establish a formula that will help to deliver on key goals to level up, reboot the economy and boost post-Brexit growth in global trade”. The manifesto covers three key pillars:

  1. The Big Opportunity: Develop the East Midlands as a Centre of Trading Excellence by focusing on the ‘four Is’:
    1. Incentivise longer-term private sector investment at more generous levels
    2. Support greater levels of innovation through enhanced R&D packages and easier links into universities
    3. Improve infrastructure by raising the current level of public investment in the region to parity with the national average
    4. Cut red tape and reduce barriers to international trade, increasing incentives for those looking to grow their international presence or enter new markets for the first time
  2. Getting the basics right: Provide the levers to drive growth via the cultivation of a wider business ecosystem geared around supporting success, which should:
    1. Focus on incentives to invest in people
    2. Support certainty for businesses by developing a long-term approach to business taxation and regulation
    3. Ensure businesses and communities are digitally and physically connected locally and with the wider world
  3. Growing our competitiveness the right way: Now is not the time to go back on the commitments we have made as a country to sustainability and the net zero agenda. The Chamber, whose research shows ESG is rising up the agenda for businesses, says long-term planning allows businesses to grow sustainably and create opportunities for the UK to be world leaders in the products and processes that will drive global growth for decades to come.

A previous Business Manifesto for Growth published by East Midlands Chamber in 2018, titled Delivering A Great Future, called for a dedicated delivery vehicle to create a zone of ultra-high growth in logistics and advanced manufacturing hinged around East Midlands Airport and a linked free trade zone.

This set the wheels in motion for what would eventually lead to the East Midlands Freeport and East Midlands Development Company being established.

A Centre of Trading Excellence aims to maximise the impact of these initiatives while reinforcing the typical barriers to doing business and reiterating the importance of Britain fully committing to net zero.

After its launch at a special Westminster event – which featured speeches from Nottingham North MP Alex Norris and Broxtowe MP Darren Henry – the document will be used by the Chamber in policy discussions with MPs and Government officials to illustrate priorities of the region and its businesses.

The manifesto has received support from key businesses. East Midlands Airport’s managing director Steve Griffiths said: “East Midlands Airport is an engine of growth in its own right. Its role as an international gateway gives businesses in this region a competitive advantage when trading globally. As such, EMA has been the catalyst for much investment across the region in recent years.

“I’m delighted the Chamber is building on the gains already made and will help make the case to Government for increased recognition of the importance of our region and everything we have to offer the UK economy.”

David Williams chairman at East Midlands-based law firm Geldards, added: “The East Midlands region is renowned as an outstanding growth hub both for start-up businesses and established firms alike.

“As well as benefiting from transport links boosting connectivity to and from the region, the innovative development programme of regenerating brownfield sites is transforming our cities and wider region into a world-class arena to conduct business. It’s time for MPs to take note and recognise we are a region to be reckoned with.”

To read A Centre of Trading Excellence: A Business Manifesto for Growth in the East Midlands and Beyond, visit www.emc-dnl.co.uk/manifesto

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.

Scott Knowles, Chief Executive of East Midlands Chamber

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East Midlands Chamber responds to Prime Minister’s resignation

A statement from East Midlands Chamber; the organisation which represents businesses in our region, is appealing to Westminster to ensure there is a ‘clear path forward’ for firms in our area.

The Chamber’s Chief Executive, Scott Knowles was responding to today’s news that Prime Minister Boris Johnson has announced his resignation from the role. Mr. Johnson has confirmed he will step down in the autumn.

Scott commented: “One of the main purposes of Government should be to provide a stable environment for businesses to thrive – enabling them to create the jobs and life opportunities that underpin a successful country.

“But the paralysis of the past few days, with whole departments being effectively rudderless, heaps further uncertainty on firms at a time when they are already trying to navigate stormy waters.

“The insular focus within Westminster is diverting attention away from the everyday business of Government, in which the mission of creating economic prosperity in regions such as the East Midlands should be high on the priority list.

“We need to know what the plans are for levelling up and tackling the very real cost of doing business crisis, which is hampering firms’ ability to breathe life into an ailing economy.

“Big policy agendas are in a state of stasis. What’s important now is to have a clear path forward so that businesses can have confidence the big issues are going to be tackled.”

Find out more about Chesterfield’s successful ‘Levelling-up’ funding bid, which includes major plans to revitalise the historic Town Centre here: https://www.chesterfield.co.uk/developments/revitalising-heart-of-chesterfield/

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

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Research finds half of East Midlands businesses have an equality, diversity and inclusion strategy

Better workplaces, improved decision-making and increased innovation are among the benefits cited by East Midlands businesses that have an equality, diversity and inclusion (EDI) strategy, according to a new report.

Research by East Midlands Chamber, in partnership with housing association emh group, found that almost half (48%) of businesses in Derbyshire, Leicestershire and Nottinghamshire have a dedicated policy in place.

More than two-thirds (68%) consider EDI can contribute, at least to some degree, in the success of their business plans over the coming 12 months – while it was attributed as an important part of leadership strategy by 55% of firms.

When asked to give a score between one and 10 to how important consideration of EDI would be to the success of their organisation, the average score was 5.6 – suggesting that while it may not be integral to firms overall, it’s also not an insignificant consideration within business activity in the East Midlands.

The research will be presented at the Chamber’s Celebration of Culture and Communities event, which will be held tonight (24 March) at Leicester Tigers’ Mattioli Woods Welford Road stadium – showcasing the region’s diverse mix of cultural backgrounds via music, dance and food.

East Midlands Chamber director of resources at Lucy Robinson, who is the business representation organisation’s diversity and inclusion champion, said: “It’s clear from these findings that equality, diversion and inclusion is increasingly becoming less of a ‘nice-to-have’ for organisations and more business-critical.

“The majority of East Midlands businesses recognise an important role for EDI within their planning and activity, and there’s clearly a need for further support in helping those that identify its value but are yet to have policies in place.

“A core of roughly one in 10 feel it doesn’t play any role in their success. When examining this figure further, these businesses are more likely to be micro in size, with a very small bias towards the manufacturing industry.

“Given that those actively engaged in the EDI agenda have illustrated some very real commercial benefits – ranging from a better workplace culture, recruitment and retention, through to supporting innovation and a diversity of thought in decision-making – we should now be looking at how to better showcase good examples of business success in this agenda.

“We will also explore further work that may quantify how progressive approaches to EDI can result in productivity gains – which is high on the business priority list as they seek to grow once more following the pandemic.

Key findings in equality, diversity and inclusion research

The Chamber and emh group surveyed 341 East Midlands companies in November for the study – the first of its kind in the region – which found:

  • 48% of businesses have a specific EDI-related policy, but four in 10 (40%) haven’t and 12% were unsure whether they did
  • 68% felt having specific approaches to EDI would play a role in supporting the achievement of business plans for the next 12 months, with 26% believing this role would be significant and 11% saying it would play no part
  • 55% of respondents felt EDI formed an important part of their leadership discussions and strategy, with 14% saying this was to a great extent and 12% believing there was no EDI focus at all
  • When asked about the benefits of having an engaged approach to EDI, 61% said it can help create an inclusive working environment, 54% believed a “diversity of thought” could lead to better decision-making, 45% felt it supported innovation and creativity, 42% claimed it supported staff retention and recruitment, and 41% identified how it helped to better represent customers and clients – with just 17% seeing no real benefits

The research also highlighted some particular sectoral gaps across the East Midlands economy when it comes to embracing the EDI agenda.

While 48% of all businesses have a specific policy in place, the proportion fell to 43% for manufacturers – although those unsure increased to 20%, suggesting slightly less understanding or communication of EDI activity within these businesses.

Chan Kataria OBE, chief executive at emh group, said: “This research builds on our joint commitment to promoting diversity and inclusion within communities and organisations across the region.

“The findings provide a solid platform for exploring opportunities to enhance performance on EDI.

“We see this as a starting point for showcasing engagement on EDI issues and exploring some of the barriers within specific sectors and small businesses. We look forward to further discussions with Chamber members to consider and share good practice.”

How businesses can increase engagement with the EDI agenda

A set of recommendations were made as part of a discussion paper published by the Chamber and emh group, titled Understanding attitudes and approaches to Equality, Diversity and Inclusion in the East Midlands:

  • Further support on developing EDI-specific polices can be offered to those businesses that view these as having a value but are yet to have policies in place
  • Businesses that are active in this space should be encouraged to demonstrate their approaches and showcase best practice
  • There is an opportunity for further work to quantify how progressive approaches to EDI can support a business’ success and productivity gains

To read the full report, click here.

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