Nottingham: Latest Business News

‘Midlands Rail Hub’ strategy set to make Nottingham even more accessible

Doubling the number of trains per hour between Birmingham and Nottingham the new 20 -year strategy to create a Midlands Rail Hub will not only boost the midlands economy by £649m a year but it will also create the capacity for a huge 6 million more train journeys. 

With Nottingham already in a 4 hour drive from 89% of the UK, this new strategy would bring a further 1.6million people to the region within an hour’s journey time by introducing new routes and reducing travel times.The sub-national transport body Midlands Connect submitted the report and are working with partners such as Transport for the East Midlands and Network Rail to develop the proposal.

Sir John Peace, chairman of Midlands Connect and Midlands Engine, said: ““Improving East-West connectivity and access to HS2 services are top priorities for Midlands Connect. The Midlands Rail Hub proposals can bring our great towns and cities closer together and accelerate the massive job creation we’re seeing all over the region. The potential to greatly increase the amount of rail freight running through the region is also a big opportunity to make the most of the released capacity from HS2 and reduce the amount of freight on our already congested roads.”

Midlands Connect have stated that some of the work to make the Midlands Rail Hub a reality could be completed by 2026. 

---

Soaring figures for East Midlands Airport

East Midlands Airport have released promising figures for it’s year ending 31 March, owners Manchester Air Group have reported. 

Visitors to our local airport are up 4.3% to 4.9 million and passenger numbers across the group rose 6.7% up to 58.9 million. The groups profit also rocketed by 4.6% up to £217.1m on revenues of £814.3m. 

This fantastic news follows reports that East Midlands Airport are eager to attract a new airline to connect passengers to major European hubs to enable them to access multiple destinations around the world using a single ticket. 

---

J Tomlinson go from strength to strength with turnover success

Nottingham based J Tomlinson, acclaimed building services firm, has recorded an £87m turnover for 2016/17 which is up £13m from the year before. 

J Tomlinson won a number of key contracts throughout 2017 including a £7.25m contract to provide mechanical and engineering services for Coventry based student accommodation and £1.8m contract for upgrades and maintenance work in South Yorkshire. 

Mark Davis, CEO said: “We plan to continue investing in our team, building relationships with new clients and strengthening our links with existing clients and customers, many of whom we have worked with for several years as a trusted partner. I am pleased to report that the projected forecast for 2018 is a further increase in turnover as a result of this approach.”

---

To find out more you contact us HERE.