- 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%).
Manufacturing output expectations strongest since 2022
Optimism among manufacturers fell slightly in July, after rising in April for the first time in nearly three years, according to the CBI’s latest quarterly Industrial Trends Survey.
Output volumes were broadly unchanged in the quarter to July, following a similar result in the three months to June, and under-performed expectations for modest growth. However, manufacturers continue to expect output to increase over the next three months, with growth expectations the strongest since March 2022.
Total new orders fell in the quarter to July but are expected to be broadly stable over the next three months. Inventory building is expected to provide some support to output in the months ahead. Stocks of work in progress are expected to rise at the fastest pace in over two years, with stocks of raw materials and finished goods also set to increase.
Average cost growth accelerated compared with April and remained elevated compared to historical norms. Cost growth is expected to slow in the quarter to October, while remaining historically strong. Domestic and export price inflation also accelerated but are both expected to slow in the next three months.
Meanwhile, manufacturers expect to raise their headcount in the next three months (and at the fastest pace for a year), and investment intentions for the year ahead have generally improved.
Ben Jones, CBI Lead Economist, said: “Sentiment among manufacturers has cooled a little over the past few months, as output growth consistently underperformed expectations. But the near-term outlook for the sector remains positive amid an ongoing recovery in the wider UK economy.
“Manufacturers appear confident that output growth will pick up in the quarter ahead, with expectations the strongest in over two years. Firms are looking to increase stock levels to meet expected demand. And the share of manufacturers working below capacity has fallen sharply over the last quarter, feeding through to a more positive outlook for both hiring and investment.
“Last week’s Kings Speech, with welcome measures to reform planning and speed up approvals for major infrastructure projects, has the potential to give businesses the confidence they need to grow, invest and drive economic growth. And as the economy picks up steam, firms will want to see a relentless focus on delivery from the new government, to turn proposed measures into swift and bold action.”
The survey, based on the responses of 257 manufacturing firms, found:
Construction firms want to scrap the levy and the CITB, reveals survey
Almost three in four levy-paying construction firms want to scrap the levy and the CITB, according to a major new survey conducted by Survation, an independent research company, and commissioned by Hudson Contract.
As a result, Hudson is calling for the CITB to be stripped of its levy-raising powers and absorbed into the new Skills England training body.
The survey comes as the CITB prepares to seek industry support for renewal of its levy-raising powers, including changes that could increase bills for small and micro employers.
A total of 1,042 companies responded to the survey within just a few weeks, demonstrating the strength of feelings on the topic, with only 12 per cent of all respondents saying they would keep the levy and the CITB if given the choice.
Survation also asked firms for their opinion on the CITB’s plans to levy them on the use of labour providers – such as agencies, payroll firms, commercial contractors, umbrella companies – at one per cent of the total labour cost.
Of the 1,042 respondents, 67 per cent said they disagreed with the change, 21 per cent would need to see a levy calculation to understand the impact before deciding and just three per cent said they agreed.
Survation said: “The survey results indicate a clear and significant dissatisfaction with the current CITB levy structure and proposed changes. The majority of respondents, regardless of trade federation membership, favour scrapping the CITB levy entirely. Furthermore, there is considerable opposition to the CITB’s proposed levy changes regarding labour providers.”
Hudson Contract’s Ian Anfield said: “At the last consensus in 2021, the CITB claimed that two thirds of likely levy payers agreed with its levy proposals.
“If this was true, our survey findings suggest that support for the CITB has collapsed to barely one in five levy payers. This is no surprise to us as we speak to a lot of construction firms and it is very hard to find anyone that supports the CITB. In fact, many of the comments made during the survey could not be printed.”
Ian added: “The CITB is currently surveying employers to find out how many use labour providers and to what extent because it is planning a new levy hike next year. This would see most small employers pay significantly more than they do now, as shown by our Freedom of Information requests. However, there is no sign of a levy calculator on the CITB’s website or any other relevant information to let people know what is coming down the pipeline.
“There is a complete lack of openness despite the last government ordering the CITB to be more transparent and improve engagement with the industry at the time of the last review carried out in 2017 and led by Paul Morrell.
“Publication of the latest government review of the CITB, this time led by Mark Farmer, was due to be published months ago but has been delayed yet again amid reports it is heavily critical of the training board’s performance.
“We believe the new government has a perfect opportunity with the creation of Skills England to scrap the CITB and its levy and roll them into the new national training body.
“Skills England will gain functions from the failing Institute for Apprenticeships and Technical Education (IfATE), which was previously led by Peter Lauener, who now chairs the CITB. With a brace of failures, one wonders where he will pop up next!
“The skills shortages in construction are shared across manufacturing, the care sector, the armed forces and education. So why construction has to have two levies and two skills bodies makes no sense. A joined-up approach across the board to link school leavers and colleges with employers in all industries, would work better for everyone and fit with the government’s plans.’’
Phil Nolan to step down as Chair of ABP, with Jon Lewis taking over in September
ABP has appointed of Jonathan (Jon) Lewis as its Chair to succeed Dr Phil Nolan who has decided to stand down from the role.
Jon brings decades of business leadership experience, predominantly in major infrastructure sectors such as energy, engineering and construction. He has held CEO roles at AmecFosterWheeler plc and, most recently, Capita plc, where he led both organisations through periods of growth and transformation. Jon is currently a Non-Executive Director of Equinor, a global leader in the energy transition, where his role includes being Chair of the Safety, Sustainability and Ethics Committee.
Jon is expected to take up the role after completion of ABP’s Board meeting in September, at which point Phil will step down. Phil, Jon and the Board will work together in advance of this handover point to ensure a smooth transition.
He said: “I’m excited to be taking on the Chair role at Associated British Ports. As an island nation, ports have been vital to the UK for millennia. But their importance and contribution has never been greater as they maintain their historic role as our main gateways for global trade and play an increasingly pivotal new role as enablers of the energy transition.
“The opportunity to join ABP, the sector leader, and continue the transformation of the company and its portfolio is exciting, and I look forward to working with the Board, Henrik and the Executive Team to deliver on the strategy.”
Phil Nolan said: “Jon brings a great combination of senior leadership in relevant sectors, technical understanding and experience of steering businesses through transformation to growth. I’ve thoroughly enjoyed my time at ABP. It’s been a great privilege to be Chair and I’m proud of what the business has achieved through testing times. The foundations have been laid for a strong and sustainable future and I’m confident that Jon will take it from strength to strength.”
Henrik L. Pedersen, CEO of ABP, said: “The Board and Company of ABP extends its huge thanks to Phil for successfully steering ABP through seven transformational years as Chair, during which Phil has steered ABP through the challenges of the COVID pandemic, Brexit and major global supply chain upheavals. Despite these challenges ABP has continued to grow and thrive, with the Board under Phil’s leadership supporting a programme of ambitious investment and increased involvement with the green energy sector.
“We look forward to welcoming Jon as Chair. His deep experience of businesses in the major infrastructure and capital projects delivery sectors will be invaluable to ABP. In particular his engagement with the energy transition through his roles at AmecFosterWheeler and Equinor is directly applicable to ABP’s green growth mission, a key to our future success.”
Wakefield warehouse changes hands in major investment deal
A 296,500 sq ft distribution warehouse at South Elmsall, that is let to high street giant Superdrug, has changed hands for more than £17m.
The building has been sold by a client of global asset management group, Columbia Threadneedle Investments. It has been bought by Arrow Capital Partners, the specialist investor, developer and manager of real estate in Europe and Asia-Pacific, for its Strategic Industrial Real Estate joint venture with Cerberus.
Columbia Threadneedle Investments was advised by Leeds property consultancy, GV&Co’s investment division and M1 Agency advised Arrow Capital Partners.
The warehouse sits in an 18-acre site and is let to Superdrug Stores Plc, which has occupied the facility for almost 34 years since it was built.
Daniel Walker, from GV&Co, said: “This is a high quality, mission-critical asset located close to the A1M, as well as offering easy access to the M62 and M1, making it an integral part of Superdrug’s distribution network. We are delighted to have secured the off-market sale to Arrow and complete the final part of our client’s asset management strategy for the property.”
Robert Howe, head of real estate, Europe, at Arrow Capital Partners, said: “This transaction reflects our ongoing commitment to acquire mission-critical assets offering strong reversionary potential for our SIRE joint venture.
“Our focus remains on identifying and acquiring standing investment and development opportunities that offer strong potential for value creation and sustainable returns for our investors.”
Sunny Bank Mills adds another string to its bow
Quicks Archery, one of the oldest archery retailers in the world, has moved into the Sunny Bank Mills complex at Farsley, near Leeds.
Quicks, which is owned and run by archery specialist Pete Bowers, has taken a five-year lease on a state-of-the-art studio and shop in the Mending Rooms, an historic Georgian mill which has undergone an extensive modernisation programme.
During the past 11 years Sunny Bank Mills, one of the most famous family-owned mills in Yorkshire, has been transformed into a modern office and mixed-use complex for the 21st century, creating over 450 sustainable new jobs.
Pete, who lives in Halifax, explained that he has been looking for a base in Leeds after a rival archery retailer closed in the city.
He commented: “We already have shops in the south of England and Lancashire, but I wanted a Leeds location to spread our reach. When I saw the Mending Rooms studio at Sunny Bank Mills, I was blown away. It had exactly the right ambience and character for our shop, with its traditional rustic feel of exposed brickwork, cast iron features and a rich history.
“Meanwhile the community at Sunny Bank Mills is amazing. Everything is on our doorstep, with the ancillary facilities, such as parking, disabled access and cafes, a tremendous plus. The whole atmosphere of the Mills complex is family friendly, attracting exactly the kind of clients synonymous with our trade.
“I’d like to add that landlords William and John Gaunt have been incredibly helpful. They are responsive, sympathetic and very patient with our requests.”
Quicks, together with its sister company Podium, is sponsoring two archers representing Team GB at the Paris Olympics, Briony Pitman and Tom Hall.
John Gaunt, joint managing director of Edwin Woodhouse & Co Ltd, the owners of Sunny Bank Mills, said: “We are delighted to welcome Pete and his shop manager Deborah Waterhouse to Sunny Bank Mills. Quicks, with its superb global reputation, really adds to the diverse mix of quality retail and leisure occupiers we have at Sunny Bank Mills. We wish Pete and Deborah the best of luck here and know, given their passion, they will thrive.
“In addition to our offices and arts studios, we now have cafes, restaurants, a brewery, a gin-maker, a jeweller, a yoga studio, an art gallery and the Old Woollen events space. It is this diverse offer, which we work so hard to achieve, that makes Sunny Bank Mills not just a wonderful place to work but also a great place to visit and spend time at as well.”
Kier Group prepares for formal handover of Bradford’s revamped Darley Street Market
The new Darley Street Market building in Bradford is completed ready for the Bradford Council is preparing for the fit-out stage following next week’s formal handover from construction partners Kier Group.
Councillor Alex Ross-Shaw, Bradford Council’s Executive Member for Regeneration, Planning and Transport said: “Getting to this stage is a major milestone in this once in a generation regeneration project. We’re now moving into the fit-out stage working with traders to ensure the stalls that they are moving to are of a high standard and meet the needs of their business. We are aiming for the new Darley Street Market to be ready to be open later in the year.”
The top floor of the building is where the food and drink hall will be, featuring a traditional bar area, a stall selling fresh coffee, as well as a bar selling non-alcoholic drinks including mocktails. Hot food stalls from around the world include Mexican, Greek, Asian, Italian, Thai/Cantonese as well as an ice-cream parlour. This floor also has a balcony area which looks out on to the Market Square.
The middle floor is all things fresh food including butchers, fishmongers, greengrocer and delicatessen. Non-food stall will be located on the ground floor including haberdashery, hair and nail salons, gifts, jewellery, mobile phone accessories and clothes.
Also on the ground floor will be cafés which lead out on to the spectacular Market Square, which features a big screen and can hold around 500 people for events and concerts. The square also has a special umbrella system which can be used for undercover pop-up market stalls and events.
Business behind UKREiiF acquired
Infopro Digital, a French business information services company, has acquired Built Environment Networking Ltd, which runs UKREiiF, the event for the real estate, property and infrastructure communities held in Leeds.
This acquisition will strengthen Infopro Digital’s position as an international B2B trade show and event provider in the construction and public sector vertical. In France, Infopro Digital already runs SIMI, a trade show that attracts 26,000 attendees and has strong similarities to UKREiiF.
UKREiiF enhances Infopro Digital’s presence in the UK, where it runs brands such as Risk.net (Risk management), Haynes (Automotive) and Barbour ABI (Construction) and operates five offices with more than 450 staff.
“UKREiiF has become a leading brand in the real estate, property and infrastructure sector, resembling the success we have achieved with SIMI in France. We are excited to partner with the management team and help UKREiiF with its expansion goals,” said Julien Elmaleh, Group CEO with Infopro Digital.
“UKREiiF has become a key event for the real estate, property and infrastructure communities in a short time. We admired how it achieved this by offering relevant content, high-quality networking and a great delegate experience. We also recognise the huge efforts it made to support equality, diversity and inclusion,” said Christophe Czajka, Founder and Executive Chairman of Infopro Digital.
“Infopro Digital is the ideal partner to continue the development of our event, ensuring that the values and quality of UKREiiF are preserved. I am confident that under their stewardship, UKREiiF will reach new heights and continue to serve our community with excellence,” said Keith Griffiths, Founder of Built Environment Networking Ltd.
Huddersfield business gets £20m funding package from HSBC
Huddersfield-based global brand consultancy Principle Global is gearing up for international expansion after securing an eight-figure funding package from HSBC UK.
Principle Global will use the £20 million HSBC UK funding package as a platform for growth into new and existing international markets, targeting the UK, US, Europe & MENA regions. As a result, the company is expecting to strengthen the Management Team for the next generation of growth across multiple offices and generate double digit turnover growth over the next 12 months.
Company Chairman Richard Butterfield said: “As we are dedicated to enhance our offering globally, we knew we had to find a banking partner that bolstered our vision in becoming a world leading brand strategy, experience, design and implementation organisation.“With the support of HSBC UK, we can strengthen our business model in the UK while expanding our teams internationally and collaborating with an even more diverse array of companies in new markets. The next twelve months promise to be incredibly exciting for Principle Global as we embark on this journey of growth.”
Mike Edwards, Relationship Director at HSBC UK, added: “HSBC UK is committed to offering support that empowers businesses to create new jobs, secure new business and reach ambitious international expansion plans. We are excited to be part of Principle Global’s journey and to help them unlock new opportunities across international markets.”
Founded in 1987, Principle Global provides brand consultancy in more than 70 countries and employs over 700 individuals across the company. Principle Global clients include the automative giants Jaguar Land Rover and Jeep, as well as Bupa, Specsavers and O&CC, the largest outdoor retailer in the UK. Principle Global was advised by Squire Patton Boggs during the deal process.
Former apprentice earns seat on the Board at Lindum Group
Lindum Group has appointed Richard Shaw to membership of its Executive Board.
He joined the company as an apprentice on a YTS placement in 1988, and has progressed through the business since, being made MD of its Building Maintenance Services business in 2020.
Edward Chambers, Co-chairman of Lindum Group, said: “Richard has shown considerable commitment and loyalty to the business and will continue in his existing role, whilst having greater involvement across the Group.”
Richard is a member of the Lindum ‘Sock Club’, comprising past and present employees with at least 25 years of service in the business.
Richard said: “I’m delighted to be appointed to the executive board. It is a great honour. When I joined Lindum as an eighteen year old, I never dreamed I would still be here all these years later.
“I didn’t know for sure I’d even get the job as I failed woodwork at school – but the support and training I’ve been given at Lindum means I have been able to enjoy a varied and interesting career.”
Goole cricketers raise £24,000 for East Yorkshire charities
Siemens Mobility and its partners have raised £24,000 for East Yorkshire charities with the second Goole Cricket Day.
The event at Goole Town Cricket Club featured teams and donors from Siemens Mobility and its customers and partners, including Angel Trains, GMI Construction Group, Knorr-Bremse, Porterbrook, Transport for London, Morson Group and Rock Rail.
Money raised will be shared across five charities; East Riding Imagination Library, Two Rivers Community Pantry, Friends of Oakhill, Goole Amateur Boxing Club and the Goole and District Community Transport Group (Goole GoFar).
Mark Speed, General Manager of Siemens Mobility at Goole said: “Over and above the trains and components we build and maintain at our Rail Village, an important part of our commitment to Goole is supporting the community in which we sit. A day like today is one such opportunity to contribute.”
“I would like to thank our customers and partners for their generous donations and participation and to Goole Town Cricket Club for again hosting us. This fundraising is part of our continued engagement with the local community, as we play an increasing part in the local economy.”
Councillor Anne Handley, Leader of East Riding of Yorkshire Council, and Ward Councillor for Goole North said: “It is fantastic to see Siemens Mobility’s continued support for Goole and the wider community. Working across Goole and the East Riding as the leader of the council, it is clear to see that the Siemens investment is the most significant development across the area.
“Not only are Siemens creating hundreds of jobs directly, but their investment has also attracted investment from other businesses, who are now also investing in the area and creating new jobs.
“Outside of my role on the council I also run Two Rivers Community Foodbank, where we offer a wide variety of support to people who are struggling, and the support from Siemens enables us to extend our reach even further.”
Sir David Davis, MP for Goole and Pocklington, said: “It’s great to have Goole within my constituency again and I was thrilled to attend the Siemens Goole Charity Cricket Day as my first official appointment since being re-elected.
“Siemens Mobility’s new train factory is absolutely central to the development happening in Goole, with the creation of hundreds of new highly-skilled jobs, which are bringing much-needed opportunities for local people
“Siemens is one of the biggest employers in the area, but this event shows how Siemens is supporting the town in other ways too, becoming fully integrated into the community and supporting important causes.”
A number of other partners, including Tidyco, Rubix and Hayley Rail, were unable to attend on the day but made generous donations, contributing to the impressive total raised.
The Deep Tube Commissioning Team (representing London Underground) won the competition, beating a Siemens Manufacturing Team in the final.
Northern Powerhouse Partnership launches Net Zero report at Sheffield Forgemasters
Northern Powerhouse Partnership has launched its Net Zero Report, setting out the economic benefits of working towards Net Zero for the North of England.
The report outlines the key benefits of green energy for manufacturers across the North, including skilled jobs creation, and looks at the challenges of decarbonising industry for heavy energy users.
Luminaries attending the launch at Sheffield Forgemasters included South Yorkshire Mayor, Oliver Coppard, Harry Keeling, Head of Business Development at Rolls-Royce SMR, Professor Denise Bower, Director For External Engagement at Mott McDonald, Natalie Boswell, Regional Development Director at Lloyds Banking Group and Henri Murison, CEO at the Northern Powerhouse Partnership and Andrew McPhillips, Chief Economist at the Northern Powerhouse Partnership.
Forgemasters CEO Gary Nutter gave an introduction to Sheffield Forgemasters, explaining the company’s position, as a key manufacturer into technologies such as SMR nuclear and offshore renewable energy, whilst COO Gareth Barker joined the panel to discuss the value of training and apprenticeships for the green energy markets.
Fatalities is farming are twenty times more likely than industrial average, new figures reveal
NFU Deputy President and Farm Safety Partnership chair David Exwood said every number was a personal tragedy, after news that 27 people lost their lives in the year to March 2024 in England, Wales and Scotland.
Release of the figures marked the start of Farm Safety Week – a campaign managed and funded by the Farm Safety Foundation (Yellow Wellies). The 2024 campaign will focus on the importance of recognising and recording near-misses.
Despite accounting for only 1% of the working population, agriculture accounts for 20% of all deaths in the workplace.
Nearly 40% of farm workers killed were over the age of 65.
Four members of the public were killed, two of which were children.
Mr Exwood added: “Our sector must work on improving the culture of farm safety. You are 21 times more likely to have a fatal accident working in agriculture than any other industry and frustratingly the risks and necessary precautions are well known and understood.
“This isn’t about time or money. Nothing costs more than a serious accident or death in a business, and the effect on what are often family members can be devastating. This is about putting safety first in simple, cost-effective ways that will mean everyone goes home at the end of the working day.”
The Farm Safety Foundation has said the industry needs to address the attitude to risk-taking and poor safety behaviours, adding that “we cannot let this continue”.
This year marks ten years of the Farm Safety Foundation and while the charity says it is proud of what has been achieved so far, today’s figures highlight “there is so much more to be done to address the risks and dangers farm workers face every day to put food on our plates”.
Stephanie Berkeley, Farm Safety Foundation manager said: “Attitudes and behaviours around farm safety are changing but the pace of change is slow – too slow for the families of those we have lost in the industry and too slow for the thousands of farmers suffering every day with long term ill-health or serious injuries as a result of their work.”
Last calls goes out to find inspirational women
Just a month remains to nominate the region’s inspirational women for the Women of Achievement Awards, with entries close on Tuesday 27th August.
Organised by not-for-profit networking group Women in Business Hull, the biennial awards celebrate the achievements of women who are raising the bar in business, blazing a trail for other women to follow in the workplace, or making an outstanding contribution in their profession or to the community.
Caroline Neadley, chair of Women in Business Hull, said: “Women in business rarely shout about their amazing achievements, which is why we’re encouraging people to nominate their friends, their families and work colleagues for one of our awards. You can, of course, also nominate yourself – in fact, we would encourage it!
“We’ve had some brilliant nominations so far, and we’re looking forward to reading more about the outstanding women across the region who are doing incredible work.”
Janet Street-Porter is to be this year’s guest speaker, and will be discussing her vast career spanning across print, radio and broadcast for over 50 years.
Taking place on Friday 15th November from 12-5pm at the Mecure Hotel in Willerby, there are nine categories available to enter, with the judges deciding on an overall Women of Achievement Award winner.
Carol Ideson, founder of Carol Ideson Funding and Advice, and 2022 overall Women of Achievement Award winner, said of her experience: “Winning this award was truly astonishing and has given me a huge sense of pride. The amazing support I have received from Women in Business since winning the award has validated my hard work through the years and will forever be the pinnacle of my career.”
Retirement homes nationwide to get solar energy from Hull company
Hull-based HDM Energies is to work with Churchill Living to install rooftop solar panels across its nationwide portfolio of new retirement properties.
HDM Energies and installation partner CRG will supply and install solar panels on Churchill’s new properties, generating up to an estimated 26,000 kWh of energy per development annually.
The partnership includes 13 projects currently under way across the country. The initial installations have begun, with the rollout expected to be complete next year. More than 35 properties will benefit from this initiative, with each property equipped with up to 100 solar panels.
Daniel Rogers, CEO of HDM Energies, said: “By integrating solar energy into their properties, Churchill is leading the way in sustainable retirement living. Our goal is to provide clean, reliable energy that benefits both residents and the environment, reducing carbon footprints and energy costs.”
Churchill’s Chairman and CEO Spencer McCarthy said: “For many years, we have been committed to incorporating various types of renewable energy generation technology into the developments we build and manage. Initiatives like this help to ensure that our developments are future-proofed, energy-efficient, sustainable, and cost-effective to maintain, all of which bring significant benefits for our customers.”
Five-step plan revealed to supercharge small business exports
A new paper geared at unleashing a new wave of small business exporters has been released – setting out five priorities to make that goal a reality.
The Federation of Small Businesses (FSB) was asked to lead on an SME Export Taskforce by Jonathan Reynolds MP when he was Shadow Business and Trade Secretary, to address the fact that only 10 per cent of small firms trade internationally.
The taskforce, which features input from companies such as Amazon UK, EY, and Santander, found that the current rules make trading difficult, that Government support is confusing and not always helpful, and the firms that do trade do not have adequate advice.
The paper highlighted five key priorities:
- A cross-Whitehall approach to policy: International trade should be made a priority for all Government departments. Domestic and trade policies must be aligned to ensure the UK maximises the benefits from Free Trade Agreements. This means other Whitehall departments and regulators need to be more aware of trade goals and actively contribute to trade negotiations.
- An open relationship with business: Legislation and trade deals should be developed through open and honest discussions that prioritise the needs of small businesses. A Senior Exports Council should also be created to ensure continuous and meaningful engagement with the business community.
- Global leadership on digital trade: The UK should lead the way on paperless trading across the global supply chain.
- Open to export from day one: SMEs should receive immediate support when they start trading internationally, including robust expert guidance and efforts to overcome mindset-related barriers.
- Addressing the finance gap: Improving SME access to trade finance and reducing the financial barriers to trade.
New neighbourhood at Sheffield’s former Cannon Brewery gets green light
Sheffield’s former Cannon Brewery is set to become a creative new neighbourhood for the city after plans were given the go ahead.
Sheffield City Council’s Planning and Highways Committee voted unanimously to approve a masterplan for the massive brownfield plot. It’s being brought forward by social impact developers Capital&Centric, the team behind the restoration of Eyewitness Works in the Devonshire Quarter.
The decision clears the way for the next chapter for the long-dormant brewery, where beer was brewed until the 90s. The outline plans include retention and repurposing of the most interesting buildings from the former brewery alongside contemporary new builds to deliver over 500 homes, work and cultural spaces.
The team is working with South Yorkshire Mayoral Combined Authority (SYMCA) and Sheffield City Council to make the blueprint a reality. The combined authority awarded a £11.67 million grant to kick-start the regeneration earlier this year.
Oliver Coppard, South Yorkshire’s Mayor, said: “Our homes are our foundation; the bricks and mortar that give us security, that bring our family and communities together. And we need more of them in South Yorkshire. Cannon Brewery is an exciting opportunity to bring a huge site back to life that has stood derelict and underdeveloped for too long.
“Through collaboration with Capital&Centric this prime site can set a new high bar for regeneration across South Yorkshire. My ambition is not just for more and better homes, but for developments to attract investment, create spaces for new businesses and to further cement our well-deserved reputation as being a brilliant place to live.
“I believe the project at Cannon Brewery can help us to deliver that ambition.”
The landmark decision will enable targeted demolition and remediation to start in Neepsend this summer, prepping the site development. In the meantime, more detail of the look and the feel of the buildings and new public spaces will be worked up.
Cllr Tom Hunt, Leader of Sheffield City Council, said: “The transformation of the former Cannon Brewery site is yet another exciting new development for Sheffield. We are working hard with our partners to increase the number of new homes and to regenerate parts of our city.
“The combination of new homes, new workplaces, and new public space will help to turn the site into a thriving new neighbourhood. I look forward to seeing work start on site.”
At Neepsend, an urban park and a new public square with shops, cafés and spaces for pop-up events is included.
Tom Wilmot, joint managing director of Capital&Centric, said: “Cannon Brewery has sat dormant for decades, but this decision fires the starting gun on a really exciting next phase.
“The need for new homes is a national imperative, but we want to ensure we help grow Sheffield’s neighbourhoods in a way that’s creative, considered and adds positively to the social fabric of the city.
“A massive thanks to both the combined authority and council who’ve seen our vision for Neepsend and share our ambition to make it happen.
“The Cannon Brewery neighbourhood will be a pretty special place, packed with personality, once we’re done with it. Our first step will be to carefully strip out the existing buildings, keeping all the parts that tell the story of the site’s past, and prepping the site for construction to start.”
Lindum works on 16 schools during summer lesson break
Lincoln-based Lindum construction is working on 16 schools across Lincolnshire, Nottinghamshire, Cambridgeshire, and Yorkshire to complete projects before students return this Autumn, ensuring teaching and learning are not disrupted.
The work for repeat client the Priory Federation of Academies at four sites in Lincolnshire includes science classroom upgrades and internal remodelling of a trades training centre.
In Nottingham, teams are delivering projects ranging from fire alarms to re-roofing at seven primary schools for Nottingham City Council, another repeat client.
In Yorkshire, work involves delivering a pipeline of refurbishments for Red Kite Learning Trust, a multi-academy trust of 14 schools across North and West Yorkshire.
The works include a new landscaped outdoor space for children to enjoy, and roof replacement. We procured our school summer projects through our membership of frameworks.
Lindum Framework Manager Steve Duckering said: “Our commitment to forward-planning is evident in projects like our summer works programme for Nottingham City Council where discussions began as early as October last year, utilising the efficient procurement mechanisms offered by frameworks.
“These frameworks enable us to collaborate with clients early in the process, ensuring projects are meticulously planned and resourced. This proactive approach is essential for successful delivery, especially when working under tight deadlines like the school summer holidays.”
Other school summer works include refurbishments in Boston, Wisbech and Peterborough.
Buyer sought as Lincolnshire manufacturer falls into administration
A Lincolnshire manufacturer has fallen into administration, with a buyer being sought for the business.
Gareth Harris and Deviesh Raikundalia of RSM UK Restructuring Advisory LLP were appointed as Joint Administrators of MTAG Composites Ltd, MTAG (Holdings) Ltd and Electric Future Group Ltd on Friday 12 July 2024.
Based in Coningsby, MTAG Composites is the trading company in the group and is a manufacturer of moulded composite parts for the rail, aerospace, automotive, construction and leisure sectors, producing items such as train interiors, aircraft seating and boats.
Whilst viable options were being considered, the administrators took the decision to temporarily cease day-to-day operations immediately upon their appointment.
Following an accelerated and detailed review of the financial position, the administrators have decided to recommence day-to-day operations on a limited basis to align with the timetable for an accelerated sales process.
Thus far, the administrators have made minimal redundancies but have retained all of the operational and production staff on a ‘lay-off’ basis. The administrators understand that employees had not been paid for some time prior to their appointment and they are working with the Redundancy Payments Service (RPS) to ensure that those affected receive their statutory entitlements at the earliest possible opportunity.
Gareth Harris, restructuring advisory partner at RSM UK and joint administrator, said: “The decision to recommence operations demonstrates the commitment of all stakeholders to attempt to save this business and the livelihoods of the staff. Although not at full operational capacity, ongoing production will assist us in finding a buyer for all or part of the businesses.”
Deviesh Raikundalia, restructuring advisory director at RSM UK and joint administrator, added: “We have received significant interest in the acquisition of the business in the short time that we have been undertaking the sales process. We are continuing to engage with all parties who have expressed an interest in acquiring all or part of the businesses.
“Staff that we have retained since our appointment will continue to be paid and we appreciate the commitment and patience shown by the employees to date.”
Major office letting made at historic Leeds building
Property company J Pullan & Sons have agreed a letting of 43,731 square feet of office space at Joseph’s Well, its Leeds city centre site, to Leeds Teaching Hospitals NHS Trust.
The eight-year letting plays an integral part of the Trust’s plans to build a new state-of-the-art hospital at the historic Leeds General Infirmary site.
Pullan’s have agreed to letting of the office accommodation over three floors which includes contemporary workspace areas, meeting rooms, communal kitchens and breakout areas all fully-fitted within the 150,000 square feet heritage building.
The letting facilitates the relocation of clinical and non-clinical staff in preparation for the build of a new state-of-the-art hospital which will include a new home for Leeds Children’s Hospitals, new adults’ hospital and maternity centre.
Bruce Strachan, Property Director at Pullan’s, said: “We have enjoyed a long-standing relationship with Leeds Teaching Hospitals NHS Trust, we already lease a number of our suites at the Joseph’s Well site to the Trust, including over 21,000 square feet of Grade A office space at Park Lane. We understand this latest lease represents the largest office letting to be completed in Leeds this year.
“We’re delighted to be in a position to support the Trust with their exciting plans for a new hospital by providing quality, contemporary accommodation, directly adjacent to the Leeds General Infirmary.”
Mike Bacon, Programme Director for the Trust’s New Hospitals Programme at Leeds Teaching Hospital NHS Trust, said: “Our plan for a new state-of-the-art hospital is the most exciting health infrastructure development for a generation in Leeds.
“As we prepare for construction, we’re embarking on a number of preparatory works. This includes the temporary relocation of some clinical and non-clinical staff which will enable a further phase of demolition at Leeds General Infirmary.
“It’s critical that patient care is unaffected as we embark on further construction and infrastructure works and that we can continue to deliver services and provide spaces for staff to work from.
“By securing this accommodation, we’re ensuring that colleagues have appropriate accommodation with an easy connection to the clinical departments across the Leeds General Infirmary site as well as our wider hospitals and we can continue to deliver excellent care for our patients.”
Joseph’s Well was built in the 19th Century by pioneering industrialist, and clothing magnate, Leeds MP Sir John Barran. Pullan’s have undertaken extensive refurbishment at the five-storey building.
Acquisitive York renewables company snaps up Dorset-based firm
Green Building Renewables (GBR) has expanded further along England’s Southern Coast by acquiring Poole-based company H2ecO Limited.
The Dorset-based renewables installation company is the twelfth acquisition in GBR’s buy-and-build strategy and the fourteenth acquisition in total by the group, which also includes energy-efficiency experts 21°.
The York business remains on track to reach its target of nationwide coverage of England by the end of 2024. Since its formation in 2021, the company has proliferated across England, growing from one office in York to sixteen across England.
Managing Director of Green Building Renewables, Chris Delaney, said: “We are thrilled to welcome Mike and Julie’s team in Poole to the broader Green Building Renewables family. The quality of their work and their expertise in renewable technology speak for themselves and enable our company to expand our operations into a new region of England.
“The South Coast is a prime location for homeowners and businesses alike to reap the benefits of renewable technologies in the UK. We look forward to enabling more people in this region to improve the performance of their properties.”
H2ecO was founded by husband-and-wife duo Mike and Julie Stephenson in Poole 14 years ago. The company provides solar, solar thermal, battery storage, MVHR and heat pump technology to domestic and commercial properties across Dorset, Wiltshire and Somerset.
Mike Stephenson, H2ecO Managing Director, said: “Julie and I have worked hard with our excellent team to build our company’s reputation. We’re extremely proud that Green Building Renewables has recognised this hard work and wants us to join their nationwide network.
“The acquisition by Green Building Renewable secures the future of our company and allows our team to become a part of something bigger at a time when renewable energy and improving the performance of buildings within the UK has never been more important.”
