Work gets under way to transform Hull’s Europa House
Freeths expands Yorkshire construction practice with strategic senior hire
York accountancy firm secures six-figure loan to support growth
City council earns place amongst nation’s top apprenticeship employers
Port of Hull welcomes new vessel under charter to TTS Shipping
New roles for three at Hull accounting firm
KCom Enterprise team spruces up Dove House Hospice gardens
Mayor calls for business leaders to help shape North Yorkshire’s economic future
Sewell Estates Co-Owner Council releases report looking back at its first 18 months
Director of Halifax recycling company sentenced after worker loses leg
Supermarket fuel price margins are double 2019 levels, says CMA
90 new affordable homes set for Bradford
Social enterprise, Places for People, in partnership with Vistry Group, the provider of mixed-tenure affordable homes, is set to build 90 new affordable homes in Bierly, Bradford.
The site – Woodlands Edge – in Bierley, a suburb of Bradford, will provide areas of new open space, green corridors and landscaping. Existing pedestrian connections will be improved, and work will be undertaken to enhance nearby Brierley Hall Woods.
The new homes will include a range of two- and three-bedroom houses, offered in affordable rent and shared ownership tenures.
The development is expected to create 144 full-time construction jobs and almost 180 supply chain jobs across the build period, injecting £23m into the local economy.
As part of their commitment to social value, Places for People will also work closely with local schools and colleges to provide site visits, toolbox talks, and work placements, as well as supporting local schools’ own initiatives.
Nilam Buchanan, Regional Managing Director for Central and North of Places for People, says: “As the UK’s leading social enterprise, we have a long-term plan to help address England’s chronic shortage of homes and build sustainable communities, with a big focus on delivering much-needed affordable homes.
“We are delighted to work with Bradford Council and our strategic partners, Vistry Group to create 90 much-needed affordable houses for the local community. We’re also proud to provide significant employment opportunities and showcase the opportunities a career in the built environment can offer.”
Vistry secured planning permission for the development back in October 2023 and work is set to start on site this summer.
Andrew Poyner, Managing Director of Vistry, West Yorkshire, said: “Thanks to the engagement and support of Bradford Council and the West Yorkshire Combined Authority, we’ve been able to work together with Places for People to unlock this site for development. It will now deliver 90 high-quality, affordable homes, making a significant impact on Bradford’s affordable housing supply.”
UK signs up to international digital trade agreement
“Britain is back and proudly playing her role as an outward looking trading nation. Global digital trade is already estimated by the OECD to be worth around £4 trillion and counting but no common set of global rules exist. This is a huge step forward in correcting that and ensuring British businesses feel the benefit.”
Science Secretary Peter Kyle said: “This global agreement aims to help people use technology safely by protecting them from fraud, while driving economic growth through the digitalisation of trade so it’s faster and more secure. We will leave no stone unturned in our work to share the benefits of technology and drive economic growth by working with partners around the world to achieve this.”
Acis Group steps up to manage Mablethorpe Campus for Future Living
Parcel delivery company Evri to be acquired
Private equity firm invests into Hull occupational health service provider
West Yorkshire leaders approve over £40 million for roads and homes
- £1.6 million to help build 63 new homes in Wakefield’s Civic Quarter.
- £2.2 million for a range of improvements at bus stations across West Yorkshire.
- £13.8 million to improve traffic capacity in Kirklees.
- £7.7 million to support cycling corridors across Leeds City Centre.
Move to Gainsborough puts Polish food firm in prime spot for network expansion
Manufacturing output expectations strongest since 2022
- Output volumes were broadly unchanged in the quarter to July (weighted balance of -3%, from +3% in the three months to June). Firms expect volumes to grow in the next three months (+25%), the strongest expectations since March 2022.
- Output rose in 6 out of 17 sub-sectors, with growth in the motor vehicles & transport equipment, chemicals, mechanical engineering and electrical goods sub-sectors offsetting declines in furniture & upholstery and metal manufacturing sub-sectors.
- Total new orders fell in July, at a similar pace to the previous quarter (balance of -9% from -6% in April). Domestic orders fell through the quarter (-15% from -6%), while the volume of new export orders was broadly unchanged (+3% from -14%). Manufacturers expect total new orders to be essentially unchanged over the next three months.
- Business sentiment fell in July, after rising in April for the first time in nearly three years (balance of -9% from +9% in April). Export optimism for the year was flat after rising last quarter (0% from +6%).
- Investment intentions for the year ahead generally strengthened compared with April. Manufacturers expect to raise investment in product & process innovation (a balance of +18% was the strongest since January 2022, up from +15% in April), in training & retraining (+7%, from +1%), and in plant & machinery (+6%, from +2%). Investment in buildings is set to fall (-11%, from -3%).
- The main constraint on investment was uncertainty about demand (cited by 44% of manufacturers), followed by inadequate net return (35%), a shortage of labour (20%), and a shortage of internal finance (19%). Concerns around the cost of finance have retreated from a 33-year high set in January (excluding the pandemic period) but remain double the long run average (10%).
- Average costs rose rapidly in the quarter to July (balance of +52%, from +39% in April; long-run average of +18%). Costs growth is expected to remain elevated in the quarter to October (+36%).
- Average domestic prices increased over the three months to July (balance of +15%, from +10% in April). Export price inflation also accelerated from April (+22% from +9%, and the fastest pace in over a year). Both domestic and export price growth are expected to slow in the next three months (+2% and +6%, respectively).
- Stocks of work in progress (balance of +4%) rose marginally in the quarter to July, while stocks of finished goods (+2%) and of raw materials (-1%) were broadly stable.
- Manufacturers expect stocks of work in progress (+13%) to rise at the fastest pace in over two years during the next three months, with stocks of raw materials (+7%) and of finished goods (+5%) also set to increase.
- Numbers employed were unchanged in the quarter to July, after falling in April (balance of 0% from -6%). Firms expect numbers employed to rise modestly in the next three months (+16%).