Keys to £70m university business school handed over

The seven-storey Cavendish Building will open to students and businesses in September

The keys to the University of Derby's new £70m business school have been officially handed over ahead of its opening in September.

The Cavendish Building, in Agard Street, will welcome thousands of students in the coming years and feature teaching spaces, laboratories, a virtual reality suite and a stock market financial trading room.

After construction work on the seven-storey-building was completed on 29 July, the final touches will now be undertaken by the university ready for students to arrive in September.

The university says small businesses and start-ups will also be able to use the building.

Construction for Derby Business School has now been completed

Prof Kathryn Mitchell, vice-chancellor and chief executive of the university, said: "This is an incredibly exciting time for the University as this new landmark building will serve as a dynamic hub where industry, students, and academics come together to drive innovation and shape a better future for society."

Tony Shenton, regional director of Kier Construction Eastern and Midlands, said: "Handing over this world-class business school building is a major milestone, and we are delighted to celebrate it with the University of Derby."

The Cavendish Building sits in a prominent position in the centre of the city