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Employment on the rise in Chesterfield

The number of people in work in the East Midlands increased in the quarter which ended a week after the EU Referendum (23 June 2016).

Total employment across the East Midlands rose 24,528 in the three months from April 2016, to the end of June 2016, according to figures recently released by the Office of National Statistics.

The number of people out of work and claiming Jobseekers Allowance across the region also fell in the month following the Referendum. Derbyshire also recorded a drop with Chesterfield’s out of work claimants at the national average of 1.8%.

Scott Knowles, Chief Executive of East Midlands Chamber, said: “These figures remain very positive and show that, despite the uncertainty leading up to the referendum, businesses continued to recruit in the months before the vote and immediately afterwards during July.”

Employment is set to increase further in Chesterfield with developments at Chesterfield Waterside, Northern Gateway, Peak Resort and Markham Vale soon to come on board.

Phase one of Chesterfield Waterside, Basin Square, will bring more than 300 jobs to the town with the soon-to-start site Phase One enabling and infrastructure works. More jobs will also come on board as the Northern Gateway and Peak Resort developments get under way.

Already nearly 1000 jobs have been created at Chesterfield’s flagship regeneration site, Markham Vale.

Last month Great Bear Distribution received the keys to its new distribution centre leading the way for up to 400 new jobs when it officially opens in December later this year. The 479,285 ft2 building is the largest development at Markham Vale to date.

Markham Vale has been granted Enterprise Zone status by the Government, meaning firms moving to some areas of the site can apply for Enhanced Capital Allowances – offering tax relief for major investment in plant and machinery. Once fully developed and occupied, around 5000 jobs will have been created at Markham Vale.

Glenn Lindfield, CEO at Great Bear commented: “Bringing our business to Markham Vale is a positive step forward for our company. The site is exactly what we’ve been looking for with tailor-made facilities in a prime location just off Junction 29A of the M1 motorway, providing easy access to our customers and other bases across the UK. We look forward to becoming part of Markham’s growing network of companies.”

In April earlier this year it was announced that Ferdinand Bilstein UK will be moving its current distribution operations in Kent and Pontefract to a new purpose-built distribution centre to benefit from better transport links to the site located just off junction 29A of the M1.

Peter Swallow, Director of Bolsterstone, the company behind Chesterfield Waterside commented: “Chesterfield is full of potential. Developments like Chesterfield Waterside, Northern Gateway and Markham Vale have put the town on the map nationally as an investment opportunity.  Already Basin Square has firm interest from investors and occupiers and we are getting ready to forge ahead with our plans for phase one, when the current planning applications have been determined.”

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Peter Swallow,
Managing Director, Bolsterstone Group Plc.

36 The Bridge Business Centre
Beresford Way
Chesterfield S41 9FG
Tel: 01246 260206
Fax: 01246 260237