The Sheffield College extends footprint at Pennine Five
Keyland appoints land & planning manager
Keyland Developments Ltd, the property trading arm of Kelda Group and sister-company to Yorkshire Water, has appointed Mike Powell as land & planning manager to further strengthen its Land and Planning Team.
Mike joins from Peacock and Smith where he was a senior associate.
Mike joins the team with a focus on further growing Keyland’s successful Planning Promotional Agreements (PPA) initiative, which is designed to enable private landowners to maximise the development potential from their land risk free.
Additionally, Mike will be working to unlock public sector opportunities via the company’s role as the only land broker on Land Solve 2, the forward-thinking public sector land delivery framework.
Mike brings a wealth of strategic expertise from both the private and public sectors, having started his career in local government in Northumberland, before moving to private practice in Yorkshire with roles across local and national planning consultancies. Prior to Peacock and Smith, Mike worked as senior planner at Hallam Land Management Ltd.
Luke Axe, land & planning director, Keyland Developments Ltd, said: “We are delighted to bring Mike into the Keyland team at an exciting time for the business.
“Mike’s extensive experience in the industry, and in particular his strong track record of strategic land promotion, adds even greater depth to our Land & Planning Team at a time when we are rapidly growing our PPA offer, as well as seeking to unlock public sector opportunities.”
Mike Powell said: “I am looking forward to supporting Keyland’s growth as a leading land promoter for both private and public sector clients. I am excited to use my skills and experience to help Keyland deliver its innovative Six Capitals approach to land promotion on some of the largest and most complex commercial and residential opportunities across the region.”
Yorkshire and the Humber achieves lowest level of insolvency-related activity in England in February
Yorkshire and the Humber put in a stalwart performance in February recording the lowest level of insolvency-related activity of all the English regions since the previous month according to the latest research from the UK’s insolvency and restructuring trade body, R3.
Last month, insolvency-related activity affected 263 businesses in Yorkshire and the Humber, up from 236 in January. This 11.4% rise was the second lowest seen across all 12 nations and regions, with only Scotland outperforming the region with a 7.5% month-on-month rise.
The research from R3, which is based on an analysis of data provided by CreditSafe, also showed that the South West with a 15.7% increase in this type of activity (which includes liquidator and administrator appointments and creditors’ meetings) and the North East (up by 19.4%) performed relatively strongly in February compared with the previous month.
Looking at month-on-month changes to the number of start-ups, another indicator of economic health, the picture in Yorkshire and the Humber was less encouraging with the region seeing no increase in the level of new businesses since January.
In February, there were 5,386 new businesses in the region compared with 5,405 the previous month. However, only Scotland put in a stronger performance (up by 5.6%).
“With the news last month that the UK economy had technically slipped into recession in the last quarter of 2023, potentially just months ahead of a general election, there are very real worries that we will only see sluggish growth at best this year,” explains Eleanor Temple, chair of R3 in Yorkshire and a barrister at Kings Chambers in Leeds.
“A number of factors, such as the curb in consumer spending and the doctors’ strikes, are continuing to act as a drug on growth, and so prospects are far from rosy.
“In this difficult climate it is positive to see our region performing relatively well last month with levels of insolvency-related activity here among the lowest across the UK compared with January. However, the low levels of start-ups in February across the majority of regions and nations is a cause for concern, again revealing poor business confidence.
“While some commentators are claiming that the economy has now ‘turned the corner’, with an imminent interest rate cut unlikely, there may well still be tough times ahead for many businesses. As ever, it’s vital that directors keep a sharp eye on their finances and seek professional advice as early as possible to avoid problems from spiralling out of control.”
Historic Hull firm acquired by marine fuel specialists
Hopkins Solicitors expands their legal support into Derbyshire
Late payments cause fears of reduced growth for SMEs, says FSB
South Yorkshire industrial unit acquired by Network Space
Network Space Investments has acquired a manufacturing and distribution unit adjacent to junction 35 of the M1 near Sheffield for an undisclosed sum.
The 25-year sale and leaseback deal sees the investment company acquire a high specification, modern 27,452 sq ft unit. Green energy solutions manufacturer, Powerstar is the long-term occupier on an index-lined 25-year lease.
Network Space Investments is an active value-add investor with an established industrial portfolio of almost 1 million sq ft across the north of England.
Tom Dawson, Investment Director at Network Space, explains: “We remain a pro-active investor in the industrial market, where we see potential for capital and rental growth through strong occupational demand and pro-active asset management. Our focus is on good quality modern and sustainable real estate, particularly in established locations which offer market resilience.
“The acquisition helps Network Space bolster its single-let portfolio. This unit offers a prime location at the heart of the country, coupled with a long-term, strong covenant tenant operating in the vital and fast-growing renewable energy technology sector.”
Built in 2008 on a 1.4-acre site, the two-storey industrial unit with integral offices space has been occupied by Powerstar since 2012 and operates as its UK headquarters.
Network Space Investments were advised by Knight Frank and Taylor Rose. CBRE was responsible for the sale and leaseback on behalf of the occupier.
Nick Wales, Partner at Knight Frank, added: “This high-quality unit was identified as a perfect fit for Network Space Investments’ growing portfolio, with the acquisition underlining their conviction to the industrial sector.”
MEPC names Sarah as Marketing Manager
Farmers offered 45% ‘pay rise’ for public benefits of new woodland
- A new payment to encourage EWCO applications on low sensitivity land has been introduced, avoiding land most suitable for food production. When planting on low sensitivity land you can now receive £1,100 per hectare.
- A new ‘Nature Recovery – premium’ payment option (£3,300 per hectare) has been added to the Nature Recovery Additional Contribution. This is designed to encourage the planting or natural colonisation of highly biodiverse woodlands next to ancient woodland.
- Uplifts have also been made to some of the other existing additional contributions, with a focus on riparian buffers, flood mitigation and access. For example; payments for flood risk management have doubled from £500 to £1,000 per hectare, and recreational access has increased from £2,200 to £3,700.
- Annual maintenance payments have been raised from £350 to £400 per hectare, per year, for 15 years – recognising that caring for new trees is vital if new woodlands are to flourish.
Call centre company could create 200 Hull jobs thanks to £283k grant
Humber Freeport launches search for region’s rising property star
Humber Freeport has launched a search to find the region’s rising property star, with a ticket for the huge UKREiiF investment showcase up for grabs.
Taking place in Leeds from May 21st to 23rd, UKREiiF is the UK’s leading investment and infrastructure forum. Bringing together the biggest names in property, investment, planning and development, the three-day conference will attract more than 10,000 attendees, with 700 speakers across 30 stages, and over 150 exhibitors. Humber Freeport will be represented at UKREiiF, showcasing the region’s powerful proposition as a magnet for global investment and development. And, as part of its commitment to skills and talent, Humber Freeport has reserved a place for the region’s rising “Prop Star.” The successful candidate will be an early career professional – aged under 25 – making a big impact and forging a successful path in the fields of property, planning, development or investment, in either the private or public sector. Humber Freeport Chair Simon Bird said: “This is a fantastic opportunity for a young property professional to attend the UK’s biggest event in the world of property and investment. “It’s a rare chance to hear from some of the biggest names in the industry, speak to leading exhibitors, develop valuable contacts and gain invaluable insight and profile at this enormously prestigious event. “Humber Freeport is playing a major role in attracting large scale investments to the region and our attendance at UK UKREiiF presents a major opportunity to promote the region and the additional benefits of freeport status. “We’re pleased to have launched this competition to showcase the next generation of property and investment stars and open up a tremendous opportunity for the winning candidate.” To be in with a chance of joining the Humber Freeport team at UKREiiF, entrants must:- Write a short bio about themselves, including their career history and current role.
- Summarise why they’d love to attend UKREiiF and how it will support their personal and professional development.
Wilkin Chapman appoints new Senior Partner
Wake Smith chairman to become High Sheriff of South Yorkshire
Lincoln businesses backed by new initiative to tackle shoplifting
Hull-based firm invests £1m in Bedfordshire training facility
Dalton Industrial Estate gets £129,000 grant to help with 12-month decarbonising study
Yorkshire & Humber manufacturers see mixed start of the year
Yorkshire & Humber manufacturers are seeing a mixed picture as they start the year but confidence is remaining robust despite the UK economy remaining weak overall.
However, Make UK is forecasting growth for manufacturing of just 0.1% in 2024 and 0.8% in 2025 which is weaker growth than the economy overall.
The findings come in the Q4 Manufacturing Outlook survey published by Make UK and business advisory firm BDO. According to the survey, output in Yorkshire & the Humber fell in the first few months of the year. However, looking forward both output and orders are set to pick up substantially in the second quarter of the year in line with the national picture.
However, this picture is not currently being reflected in either investment intentions or recruitment, although this reflects an easing from a strong picture for both indicators last year rather than any negative pattern.
Dawn Huntrod, Region Director for the North at Make UK, said: “After the economic and political shocks of the last few years there is now strong confidence among manufacturers in Yorkshire & the Humber, despite the mixed picture. While growth in the economy is not exactly supercharged, the positive announcements in the Autumn Statement and Budget can at least allow them to plan with more certainty for the future.”
Steve Talbot, Head of Manufacturing at BDO in Yorkshire, added: “Manufacturers across Yorkshire and the Humber have continued to show their ability to overcome wave after wave of challenges, but they cannot continue to do this indefinitely without some more long-term support from the Government.
“The expected increase in output and orders in the latter half of this year is positive and in line with the overall national picture, but whatever happens over the next quarter will be critical to manufacturing businesses in the region.”
Rotherham MP bids to change the law about food traceability
Doncaster Chamber welcomes publication of reports’ potential for area’s businesses
Manufacturing conference puts innovation and sustainability under the spotlight
Innovation and sustainability were key areas of focus at the Greater Lincolnshire and Rutland Manufacturing Conference, when delegates discussed the future of a sector contributing £5.6 billion to the regional economy.