Businesses in York and North Yorkshire cut jobs ahead of National Insurance hike

According to Sir Alec Shelbrooke, MP for Wetherby and Easingwold, small businesses in York and North Yorkshire are already reducing staff and freezing recruitment in response to rising employer National Insurance (NI) contributions.

From April, employer NI contributions will increase from 13.8% to 15%, while the threshold for employee salaries subject to the tax will drop from £9,100 to £5,000. Public sector organisations will receive grants to offset the cost, but businesses will bear the full impact.

Shelbrooke warned that many small businesses have acted preemptively, making redundancies or halting hiring plans to manage the additional costs. Larger firms in York, Harrogate, and Leeds are freezing pay for senior roles to cover higher wages for lower-paid staff on the National Living Wage.

He also raised concerns about removing Agricultural Property Relief from inheritance tax, which could force multi-generational farming families to reconsider their operations, impacting local food supply chains and rural economies.

This week, the issue will be discussed at North Yorkshire Council’s Thirsk and Malton area committee.

Lincolnshire solar farm approved despite land use concerns

A new 28MW solar farm near Bourne, Lincolnshire, has received approval from South Kesteven District Council. The project at Home Farm, Dyke Drove, will operate for 40 years and generate enough electricity to power 13,661 homes annually, reducing carbon emissions by 8,200 tonnes per year.

Landowner William Ash stated that the development will cover 6% of his landholding, with the rest remaining in food production. He emphasised the need for diversification due to financial pressures in the farming sector.

Developer Enray Power Ltd assured that construction will be brief, with minimal HGV traffic and no routes through Dyke. Once operational, the site will be unmanned except for maintenance visits.

Councillor Zoe Lane opposed the plan, highlighting that the land is among the most productive for agriculture. She warned that a 40-year energy project could lead to permanent industrial land use.

Lincolnshire County Councillor Sue Woolley noted two formal complaints from residents but acknowledged the landowner’s right to manage his property. She stated that any disruption from construction would be temporary.

Legal challenge halts landlord licensing scheme in Scunthorpe

A legal challenge has delayed the rollout of North Lincolnshire Council’s selective licensing scheme for private landlords in parts of Scunthorpe.

The scheme, approved in September 2023, was set to take effect on 20 March 2024. It required landlords in Crosby, Park, and Town Wards to obtain a licence, costing £955 for five years, and comply with regulations on safety measures and anti-social behaviour management.

The Crosby Landlords’ Association has filed for a judicial review, questioning whether the council followed proper procedures in approving the scheme. As a result, the council has suspended applications and will provide further updates on its website.

The delay leaves uncertainty for landlords and tenants, as the scheme aimed to improve housing standards. North Lincolnshire Council has yet to comment on the challenge.

£400m digital and film hub planned for Doncaster Waterfront

City of Doncaster Council is working with a developer on a £400 million transformation of the Doncaster Waterfront, aiming to establish a digital and creative hub. The proposed “Digital Cluster” includes a digital arena, film studio, hotel, multistorey car park, and around 300 residential units, including senior living accommodation.

The project is part of Doncaster’s 25-year City Centre Strategy, which the council recently approved. The development is expected to attract investment, create jobs, and support Doncaster’s goal of becoming a centre for digital technology. Remediation work on the brownfield site is already underway, funded by the UK Government and South Yorkshire Mayoral Combined Authority (SYMCA).

Sheffield and UK universities drive start-up surge and job growth

The number of start-ups launched with university support has risen sharply over the past decade, with higher education institutions playing an increasing role in business incubation and entrepreneurship training.

Data from the Higher Education Statistics Agency (HESA) shows a 70% increase in university-backed start-ups between 2014-15 and 2022-23, averaging more than 4,300 new businesses annually. A total of 38,750 companies have been established through university support since 2014.

Financially, student start-up turnover across the sector has surged by over 750% in the past decade, reaching nearly £5 billion. External investment in these ventures has also grown significantly, rising from £303 million to £1.35 billion—an increase of almost 350%.

These start-ups contribute to job creation, employing 64,384 people in 2022-23—up 177% over the past decade. With continued growth, Universities UK (UUK) estimates that around 27,000 new start-ups could be established through university support over the next three years.

Universities facilitate this growth through business mentorship, workspace provision, investor connections, and networking events. Three-quarters of UK institutions now offer enterprise-focused modules to equip students with entrepreneurial skills.

Universities UK has launched the “Unis Start Up the UK” initiative to highlight the role of university-supported businesses in economic development. Case studies include Bullion, a Sheffield-based bean-to-bar chocolate company founded by a Sheffield Hallam University graduate with the university’s enterprise team’s backing.

Ripple Energy faces collapse, putting 20,000 customers at risk

Ripple Energy has filed a notice to appoint administrators, raising concerns for its 20,000 customers. The company, which allows customers to co-own wind and solar projects to lower energy costs, is working with Begbies Traynor on restructuring.

Founded in 2017 by CEO Sarah Merrick, Ripple Energy secured a £21.8 million loan from Virgin Money last year to develop the 42MW Derril Water Solar Park in Devon. The project also received £20 million from institutional investors and is scheduled to be operational by 2025.

Ripple’s financial difficulties highlight alternative energy firms’ challenges despite growing demand for renewable solutions. The UK government and industry stakeholders are monitoring the situation as concerns mount over the stability of small-scale renewable energy providers.

Sheffield’s One Health Group begins trading on AIM

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One Health Group, a Sheffield-based provider of NHS-funded medical procedures, has begun trading on AIM, a market operated by the London Stock Exchange. Alongside the admission to AIM, the company has completed a successful capital raising of approximately £7.8 million. This will be used primarily to fund the firm’s first owned surgical hub. The surgical hub is expected to be operational within one year of construction starting and deliver between £6 million to £9 million of revenue per annum. Adam Binns, Chief Executive Officer of One Health, said: “I am delighted to announce One Health’s admission to AIM. This is a pivotal step in advancing our mission to provide NHS-aligned healthcare through patient choice and our scalable surgical hubs and patient centric service. “This milestone, bolstered by a successful capital raising and strong institutional investor confidence, will enable strategic expansion while maintaining our commitment to reducing patient waiting times and delivering clinical excellence with sustainable growth. “I extend my gratitude to our team, advisers, and shareholders for their support as we commence our next chapter supported by our listing on AIM. “I am excited about the prospects for the business, particularly our inaugural surgical hub, which will integrate operational excellence and technological innovation to benefit NHS patients and the broader healthcare system.”

Pivot delivers £6.5m multi-loan package for Yorkshire housing project

Specialist real estate lender Pivot has provided £6.5 million in funding to support a residential development in Denby Dale, West Yorkshire. The package combines a development exit bridge, a part-complete development loan, and a ground-up development facility, allowing the borrower to refinance an existing lender, complete partially built units, and fund new construction within a 34-home project.

The £1.9 million development exit bridge is secured against eight completed properties at 75% loan-to-value with a 12-month term, enabling the borrower to refinance and increase liquidity. The £3 million part-complete development loan is secured against nine units at 67.2% loan-to-gross-development-value with an 18-month term, providing funds to finish semi-constructed homes. The £1.5 million ground-up development loan, secured against four new homes at 68% loan-to-gross-development-value with an 18-month term, supports the construction of additional units.

The deal was introduced by a broker who selected Pivot for its ability to structure the financing as three separate transactions, maximising leverage while accommodating the different stages of the project. The lender’s tailored approach allows the borrower to manage sales, construction, and cash flow without disruption.

Pivot has continued its strong start to the year with new hires and increased funding capacity, reinforcing its commitment to supporting SME developers with flexible bridging and development finance solutions.

BT to close Leeds and Exeter contact centres, consolidate operations

BT has confirmed plans to close its contact centres in Leeds and Exeter in the coming months as part of its office consolidation strategy. The move will affect hundreds of employees and shift many roles to upgraded sites.

In Exeter, staff are expected to relocate to BT’s modernised Plymouth office rather than invest in upgrading the existing Exbridge House site. The company considers Plymouth within a reasonable commuting distance but has pledged to support affected employees with alternative options or travel cost assistance where eligible.

A similar transition is planned in Leeds, where staff from the Marlborough Street office will be moved to either BT’s refurbished Doncaster office or its new Sheffield facility. The company’s Sovereign Street office in Leeds will remain operational.

Yorkshire businesses face deadline for new food waste recycling rules

Businesses in Yorkshire have until 31 March to comply with new food waste recycling regulations before stricter nationwide laws take effect.

Under the new rules, companies must separate all commercial food waste and arrange for collection by an authorised service provider. Disposing of food waste through general waste, maceration, or liquid digestors will be prohibited, and businesses will be held accountable for compliance.

Firms will also be required to measure, monitor, and document their food waste, making records available for audits. Non-compliance could result in fines, enforcement action, or prosecution.

Free support programme returns to help UK microbusinesses grow

Small Business Britain has reopened applications for its Small and Mighty Enterprise Programme, a free six-week initiative designed to help microbusinesses and sole traders scale up. The April 2025 intake will offer over 500 places, providing expert-led guidance, mentorship, and peer support.

Research by Small Business Britain found that more than two-thirds of UK microbusinesses expect to grow by 50% over the next five years, despite economic challenges. The programme, delivered online in partnership with Xero and ARU Peterborough, aims to equip participants with business strategy, marketing, finance, and resilience training.

Since launching in 2022, the programme has trained over 3,500 small businesses. Participants receive two hours of free mentoring and access to a network of entrepreneurs. Experts from ARU Peterborough and Xero will lead sessions, offering flexible learning to fit around work commitments.

Industry leaders emphasise the need for tailored support, with Xero’s UK Managing Director, Alex von Schirmeister, calling for greater differentiation between small and microbusinesses. ARU Peterborough’s Professor Tom Williamson highlighted the programme’s success in helping businesses think strategically and grow with confidence.

Skipton training company celebrates 35 years in business

You might not have heard the name Verner Wheelock Associates, but within the food industry it is synonymous with training excellence. Household names McVitie’s, Müller, Warburtons, Princes, Heinz, McCains and Bradford-based supermarket giant Morrisons are among its many clients. Founded in 1990 by Dr Verner Wheelock, a former Head of the Food Policy Research Unit at the University of Bradford, the company is celebrating its 35th anniversary this year. It is significant that Verner Wheelock Associates (VWA) was established in 1990 as it is the same year that the Food Safety Act came into force, and so it became an offence for anyone to sell or process food for sale which is harmful to health. In fact, VWA’s first major seminar and workshop on food safety was entitled ‘Implications of the Food Safety Act.’ It was attended by over 100 delegates and proved so popular that several more were scheduled over VWA’s first 18 months in business. The company was off to a flying start! “Back in the early days we delivered fewer courses and focused much more on consultancy and conferences, with more emphasis on nutrition. However, as the legal requirement for food safety training grew in importance, this side of the business also grew,” explains Alison Wheelock, Verner’s daughter and Managing Director of VWA since 2012. Courses in Food Safety, HACCP and Nutrition followed, accredited by the Royal Institute for Public Health (RIPH – now the Royal Society for Public Health (RSPH)) and in the mid-1990s VWA trained its first award-winning student, who achieved the highest marks in an RIPH food safety examination. The prize – two tickets for Centre Court at Wimbledon! This was just the first of many RSPH awards in Food Safety and HACCP for Verner Wheelock delegates, until the awards stopped in 2019. Over the following years Verner, his wife Jan, and the rest of the team recruited more trainers and delivered more courses. VWA’s reputation as a top-quality trainer to the food industry continued to grow. In fact, a considerable number of customers from the early days are still training with VWA today. Fast forward to 2012 when Alison took over the reins as Managing Director, having worked in the company for the previous seven years. This period saw great innovation. As well as the popular HACCP and Food Safety courses, the existing suite of Auditing courses were updated and endorsed by FDQ, Food and Drink Qualifications and more specialist courses such as Legal Labelling and Managing Food Allergens were introduced. Having provided ethical audits since around 2005, in 2018 VWA acquired Keith Stamp Social Auditing (KSSA) and Ethical Auditing to expand their client base on this side of the business. There is now a small team of people running the ethical audits at VWA with freelance auditors based around the UK carrying out the audits, with a focus on farms and food production. The audits aim to make sure that workers are treated and paid fairly and have safe working environments and regular work. Verner Wheelock continue to innovate, developing and delivering new courses in response to the food industry’s needs. This year, four new courses are on the curriculum: Sustainability in the Food industry, Crisis Management, Foreign Body Prevention and Investigation, and a workshop for Quality Assurance Technicians and Auditors. The business has continued to go from strength to strength. The calendar is full to bursting with open and in-house training. Courses are regularly doubled-up due to demand, and there have even been instances where the same course has been delivered simultaneously with three different trainers. There are currently 28 different courses, as well as the option to write and deliver bespoke in-house courses tailored to specific customer requirements. This isn’t the only way that VWA have remained at the top of their game. Whilst other companies closed or furloughed their staff during the Covid 19 lockdown, Verner Wheelock continued to train food industry employees. “Prior to Covid we had already delivered one or two training courses for overseas delegates using the Zoom platform,” says Alison, “so it was a natural progression to roll this out once face-to-face interaction had to stop. It meant that we could keep training food companies throughout the pandemic, and our customers were mainly key workers, so their production was able to continue.” VWA also offered their online Basic Food Safety and Hygiene course free of charge to food businesses during the lockdown period so entry-level food operators could be trained quickly as part of recruitment drives. VWA found that even after lockdown, businesses still wanted remote delivery courses as an option. After seven years in Bradford and twenty-five years on the Broughton Hall Estate, they moved in 2022 to their current premises in Belle Vue Mills, Skipton. The new training room was kitted out with state-of-the-art audio-visual equipment, allowing hybrid courses to be run where delegates can attend either face-to-face or remotely. “The remote option has opened up access to delegates who might not have travelled from, say, Aberdeen or Cornwall, for a one-day course,” adds Alison. We’ve even had delegates from overseas attending without having to travel; and of course, for in-house training, staff from different sites around the UK or abroad can join the same course.” What does Alison attribute to VWA’s success? “Well firstly, we aim to provide the type of training that our customers want. We do this by listening to them and by keeping ourselves appraised of what’s happening in the food industry. We are also aware of the industry standards such as the BRCGS Global Standard for Food Safety. “Our trainers are all highly experienced in their fields, having worked within the food industry themselves for several years. This is really important because it means that they understand the day-to-day challenges of our delegates and can make key learning points relatable via real-life examples. They are also able to answer any questions delegates might have… and of course, great training delivers excellent examination results. “People always receive a warm welcome on our courses and enjoy coming back. We’re flexible, offering remote or face-to-face training and our trainers travel all around the UK (and even abroad) delivering courses to trainees at their own premises. We issue feedback forms following each course to gauge customer satisfaction to find out where we can improve. We strive to be the best we can be.”

Contractor appointed for Hull youth enterprise hub

Plans to create a new youth enterprise hub and business incubation facility in Hull city centre have taken a step forward after a contractor was appointed for the project. Hull City Council has awarded F Parkinson Limited a contract to deliver the refurbishment of 161 High Street. The regeneration is being supported by £1.5m of government funding and plans will be developed by the council’s building and design services. Initial works will focus on regenerating the ground and first floors of 161 High Street to be used as a hub for young entrepreneurs. The new project aims to support aspiring young entrepreneurs in the pre-start and start-up phase working with the Hull & East Yorkshire Youth Enterprise Partnership. It also ties into Hull’s community plan to help create an enterprise culture which is vital to establishing a vibrant, sustainable and inclusive economy for Hull. Alex Codd, the council’s assistant director for economic development and regeneration, said: “This contract award is great news for the council’s plans to create a new youth enterprise hub and business incubation facility in the city centre. “It enables the project to move at pace and help to provide a much-needed friendly and welcoming space for young people in Hull. “They will be able to grow their skill base and self-confidence by learning from local businesses experts and inspiring peers, before using what they have learned to strengthen Hull’s economy.” In the coming months, further funding opportunities will be explored with a view to refurbishing and expanding services into the second floor of 161 High Street.

Bank of England holds interest rates at 4.5%

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The Bank of England has held interest rates at 4.5%, in line with expectations. The Monetary Policy Committee (MPC), which sets monetary policy to meet the 2% inflation target, voted by a majority of 8–1 to maintain Bank Rate at 4.5%. One member preferred to reduce Bank Rate by 0.25 percentage points, to 4.25%. Alpesh Paleja, Deputy Chief Economist, CBI, said: “Today’s announcement was in line with the ‘cut/hold’ tempo on interest rates that we expect for the rest of this year. “This understandable caution largely reflects a growing trade-off facing the Monetary Policy Committee in setting borrowing costs. Activity remains weak, but this doesn’t seem to be having much of an impact on inflationary pressure yet. Indeed, our own surveys show that pricing intentions have picked up again, at least in part reflecting businesses reacting to higher employment costs. “The MPC have also become more split on whether the persistence in inflationary pressure is driven by a deterioration in the economy’s supply capacity, which means that weaker demand may not have much of an impact in taking the heat out of pricing and wage intentions. The upshot of all this uncertainty is that while interest rates are likely to be cut further this year, the path down will remain gradual.”

First stage of construction work transforming Goole’s historic Market Hall begins

The first stage of construction work to transform Goole’s historic Market Hall into a food, drink and events venue has begun. William Birch & Sons Ltd, the contractor appointed to carry out the refurbishment work, will make the venue more energy efficient by replacing the roof and glazing, as well as making structural repairs and installing improved heating; a new, start-of-the-art sound system; new flooring; a new fire alarm; new electrics; and new toilet facilities. This will be followed by a second phase of work that will see the interior of the Market Hall fitted out in preparation for it becoming a food, drink and events venue. The Market Yard to the rear of the building will also be transformed as part of the project. It’s anticipated that the venue will open for business before Christmas 2025. The Goole Town Deal Board is investing £4 million of Government funding into the Market Hall and sees it as an important ‘anchor’ destination that will significantly increase footfall and spending in the town centre. Chair of the Goole Town Deal Board, Phil Jones, said: “We’re delighted that work on the Market Hall is now underway. We chose to allocate funding to this exciting project to safeguard the future of one of Goole’s most historic and best known landmarks, but also because it has enormous potential to benefit other town centre businesses and boost the local economy by bringing more people into Goole. “We believe that the new-look Market Hall will become a central part of what we consider to be Goole’s cultural quarter, in close collaboration with Junction Goole and Goole Museum, which are both nearby.” Last summer, the Goole Town Deal Board announced that Brew York, a brewery operating tap rooms and bars at venues in York, Leeds, Otley, Pocklington, Guiseley and Knaresborough, had submitted a successful bid to bring its combination of craft beer and street food to Goole. In addition to the food and drink offering from Brew York, the refurbished Market Hall will also offer flexible space for local creative and craft businesses and host events of both a commercial and community nature to generate an income.

Yorkshire Water to pay £40m following wastewater investigation

After an investigation into how Yorkshire Water was managing its treatment works and wider wastewater network uncovered a number of failings, breaching the company’s legal obligations and impacting the environment and customers, an enforcement package of £40m is to be paid by the wastewater company.  Yorkshire Water has worked with regulator Ofwat to put forward a package that will address the failures the investigation has found.  To acknowledge what has gone wrong and how it will put things right, Yorkshire Water will pay £36.6m during 2025-30, to prioritise work on some of the most problematic storm overflows in environmentally sensitive areas to ensure they spill less than 20 times a year. The company will also contribute £3.4m of support to the Great Yorkshire Rivers Partnership to enable them to go beyond their target for the next five years of clearing artificial barriers in Yorkshire rivers, which will improve water quality and biodiversity in the area and reconnect more than 500km of river.  Yorkshire Water will additionally commit to an action plan to ensure all of its storm overflows are compliant with legal requirements.  Lynn Parker, Senior Director for Enforcement at Ofwat, said: “Our investigation has found serious failures in how Yorkshire Water has operated and maintained its sewage works and networks, which has resulted in excessive spills from storm overflows. This is a significant breach and is unacceptable. “We are pleased that Yorkshire Water has recognised this failure and is taking steps to put it right for the benefit of customers and the environment. They deserve credit for stepping up and agreeing an enforcement package with us that will help get things back on track as soon as possible. These commitments will contribute to the company delivering on its promises for cleaner rivers and seas.  “We now expect them to move at pace to correct the remaining issues our investigation has identified. We hope more companies will follow this example so that the public sees transformative change across the sector.” The cost of the £40m enforcement package will not be passed on to Yorkshire Water’s customers in their bills – it will be paid for by the company and their shareholders.

Lincolnshire nuclear waste site plans could be scrapped

Lincolnshire County Council is considering withdrawing from consultations on a proposed nuclear waste disposal facility near Louth, a move that could effectively end plans for the site. The proposal identified land between Gayton le Marsh and Great Carlton as a potential location, was one of three sites under review by Nuclear Waste Services (NWS), alongside two locations in Cumbria.

Public opposition has been strong, leading East Lindsey District Council to exit the consultation process earlier this year. Concerns were raised that the site differed significantly from a previously considered location at Theddlethorpe, sparking protests outside council offices.

Lincolnshire County Council initially agreed to consultations to assess the proposal with an open mind but now says the project’s scope has changed, increasing local concerns. The council’s executive will discuss withdrawing from the process in an upcoming meeting.

NWS, formerly known as Radioactive Waste Management, acknowledged the council’s position, stating that the UK Government’s geological disposal facility (GDF) siting process is consent-based and requires both a suitable site and a willing community. To date, NWS has provided over £2 million in funding for local projects related to the consultation. The facility will not be built in Lincolnshire if local support is not secured.

Regional firms join construction team on Huddersfield’s Our Cultural Heart

BAM, the lead construction contractor on Kirklees Council’s Our Cultural Heart regeneration scheme, has appointed two regional firms to support the project’s delivery. Construction on Phase One of the landmark development is progressing well, with the former Queensgate Market building in Huddersfield undergoing a major transformation into a community-focussed library hub and vibrant food hall. As part of the project’s commitment to regional economic growth, Wakefield-based CCL Facades has secured the contract to deliver aluminium curtain walling, automatic doors, windows, and internal fire screens for both the library hub and new food hall. Their work begins this month and is set for completion by autumn 2025. “West Yorkshire is our home,” said Tony Blake, Managing Director of CCL Facades. “We’re proud to contribute to this landmark project, which respects the market’s 50-year heritage while delivering a modern, striking development.” Additionally, Rose System Scaffolding, based in Chadderton, has been providing essential scaffolding services over recent months. Both firms operate within a 20-mile radius of Huddersfield town centre, reinforcing the project’s commitment to supporting regional businesses. Cllr Graham Turner, Cabinet Member for Finance and Regeneration, said: “Our Cultural Heart will bring significant economic benefits to Huddersfield, Kirklees and the wider region – not just in the future but right now. By prioritising a regional supply chain, we are actively supporting businesses and local jobs during the construction process.” Matt Garnett, Construction Manager for BAM, added: “At BAM, we are committed to using a regional supply chain wherever possible. Working with local companies brings multiple benefits – from leveraging local expertise and stakeholder connections to improving efficiency and lowering our carbon footprint.”

Northern Build-to-Rent market sees strong start for CBRE with £420m deals

CBRE has reported an excellent start to 2025 in the Build-to-Rent (BTR) market in the North with three forward funding deals totaling £420m transacting in just two weeks across Manchester and Leeds. However, the firm’s northern sector lead warns that the Building Safety Act (BSA) is a major challenge; impacting transactions and ultimately new homes delivery, representing the single biggest barrier to building in city centres. The two stand out deals to complete in recent weeks include the acquisition of the 51-storey, 494 apartment development in Renaker’s New Jackson area of Deansgate, Manchester by a partnership between L&G, Nest and PGGM. Known as F1, the development is currently underway. In Leeds, property investment management firm Barings agreed the £152m forward funding deal with Glenbrook for a 600 apartment mixed-use scheme at Kirkstall Road in Leeds. The commonality between these two forward funding deals is that they were both already implemented ahead of the new Building Safety Act Gateway 2 regime, which affects the construction of higher-risk and large-scale buildings. Head of Residential Investment, North at CBRE, Tom Sinclair, explains: “With BSA compliance now being mandatory for developers and building owners, and whilst the construction sector adjusts, there are significant challenges ahead. “All projects must now navigate three critical safety gateway check points, meaning that approval is required at the planning stage, before building work can commence and before a building can be certified complete and occupied. “The two significant transactions we have concluded in recent weeks were already implemented before the Act came into force and as a result we will see the delivery of much-needed new homes in Leeds and Manchester. “Whilst many viability constraints on funding deals can be overcome with creative solutions, the Gateway 2 approval may have a major cost and time impact on future strategic funding deals of this scale, due to lengthy delays being imposed by going through the system. This will further compound challenges in the market, restricting delivery of new homes.” Sinclair continues: “For schemes that can successfully navigate the Gateway process, we are seeing proven investor demand for Build to Rent developments in all regional markets. Indeed, the contraction in anticipated supply of new developments and consequential lack of new rental options is anticipated to drive strong occupational demand and investment performance. “In the meantime, we are working with Developers across the region to optimise funding structures that mitigate the impact of the BSA regulations and present developments in a manner that work for both Investors and Developers to enable new forward funding agreements and seed the delivery of new homes.”

Long-established electro-mechanical manufacturer secures grant to upgrade equipment

A long-established electro-mechanical manufacturer has received a grant from the Keighley Towns Fund to upgrade its equipment. NSF Controls, based at Ingrow Bridge Works, are specialists in the bespoke design and manufacture of solenoids, switches, and electro-mechanical services, producing over a million components a year for a global market. The business was awarded £53,051 to upgrade their equipment to reduce product cycle times, improve efficiencies, and ultimately improve margins. Sarah Smith-Birch, CEO, said: “Our integrated manufacturing facilities, procurement team, and engineering experts, are all based at one site ensuring an efficient process from design concept to end assembly. “The investment in equipment means we can maximise efficiencies even further while maintaining the same exacting high standards in world-class quality. The new equipment is vital for our continued growth and for developing new skills within the business.” Bradford Council’s Portfolio Holder, Alex Ross-Shaw said: “Keighley has a long-standing manufacturing heritage and the Council’s Invest in Bradford team were pleased to have been able to provide business support in modernising key equipment at NSF. “This support has included support in accessing the grant funding from the Capital Assistance to Business Growth programme, which is funded by the Keighley Towns Fund.” Chair of the Keighley Towns Fund, Tim Rogers added: “This is a business which has been based in Keighley for almost 80 years. We’re delighted to have been able to support them with their plans for continued growth into the future. We wish them every continued success.”