Business blooming for arboriculture and ground management company

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A former army reservist who was posted to Africa with the renowned Gurkhas before setting up his arboriculture and ground management company is celebrating 10 years in business with a record start to the year.

Rotherham entrepreneur Luke Hamill, who founded Sky High Tree & Ground Maintenance Services LTD in 2014, has expanded the business year on year and now leads a team of 14 from their Rotherham HQ.

Servicing both the commercial and residential construction industries throughout the north of England, Sky High Tree & Ground Maintenance Services also delivers emergency and project-based services for a number of Local Authorities.

Whilst recent weather events have ensured that side of the business has been brisk, a string of wins with major housebuilders has seen 2024 start at a record pace, as Luke explains: “I think if you had told me 10 years ago that I’d be leading a team of 14 with work right across the north of England I might have taken it with a pinch of salt but it goes to show what a focus on quality, teamwork and honest graft can do.

“My forces background has instilled that in me but the entrepreneurial side is something I’ve developed day by day and I am still working hard at because this business has huge potential.”

Sky High Tree & Ground Maintenance Services has invested over £4 million in recent years on equipment and staff training, purchasing their first 14-tonne Arb Digger (reducing costs typically passed to clients) in 2022.

That was soon joined by a RoboEvo tracked robotic flail, helping to remove operatives from working on unsafe terrain whilst being more cost-effective.

“We are committed to continuing to invest in the future to provide the best service possible for our clients,” explains Luke.

“Our latest piece of kit is the Mercedes Unimog which will mean we have the ultimate set of tools for our arb and ground maintenance teams and ensure we are working at maximum efficiency.

“However, despite our strong start to the year we will not lose sight of our role as custodians of the planet and do our best to ensure that we balance what we remove and clear.

“Last year, we contributed to our local area by planting and installing over 100 trees, as well as completing a long overdue biodiversity project for a nearby school. We are always on the lookout for similar projects we can get involved in, so do get in touch if we can assist.”

Work to begin on Huddersfield affordable homes scheme

Work is about to start on a new affordable housing development in Newsome, Huddersfield. 

30 two and three-bedroomed properties will be delivered by BME housing association Unity Homes and Enterprise in partnership with Kirklees Council, Homes England and West Yorkshire Combined Authority.

The land was previously occupied by Stile Common Infant and Nursery School before its demolition in 2011.

Enabling works on the Plane Street site will commence in the coming days.

Unity was formed in 1987 with the objective of building a strong, BME-led, community housing association to address the needs of black and minority ethnic communities in Leeds.

It now owns and manages 1,386 properties for tenants from all communities and ethnic backgrounds in West Yorkshire, including two affordable housing schemes in Huddersfield and one in Cleckheaton.

Cedric Boston, Unity Homes and Enterprise Chief Executive, said: “We are excited to be expanding our presence in Kirklees with works getting underway on the Plane Street development.

“The country continues to endure a national housing crisis which will only be eased with the construction of many more affordable homes.

“Unity is committed to playing our part to build high-quality properties for local communities that need them.

“We welcome the strong support of Kirklees Council, Homes England and West Yorkshire Combined Authority in delivering this scheme.”

Cllr Graham Turner, Cabinet member for Finance and Regeneration at Kirklees Council, said: “It is fantastic that the council has used its land to create the opportunity for 30 affordable homes to be built on a brownfield site in a sustainable location.

“I would like to thank council officers and partners at Unity Housing, West Yorkshire Combined Authority and Homes England in getting this project off the ground, using derelict land to help address our shortage of affordable homes to ensure that a high-quality scheme can be built.

“I am pleased to see that 100 per cent of the housing on this site will be allocated for affordable homes to meet current and future needs.”

MKM acquires Mansfield HVAC company for move into new sector

Hull-based MKM has acquired Mansfield company Oceanair in a move designed to strengthen its offering by moving into the HVAC sector. Kate Tinsley, CEO of MKM since 2020, said: “This is an interesting acquisition for MKM and enables us to expand into further emerging marketplaces; Oceanair is a great company with very talented people. I’m really excited about our growth plans.” Oceanair owner Tony Evanson will remain involved in the business for the foreseeable future providing support during the transition. He said: “I’m incredibly proud to see the business grow over the years and have developed some fantastic relationships with staff, customers, and suppliers.  I have thought long and hard about selling the business and was adamant it needed to go to the right home. I’m very pleased to be around the business to support the MKM team and look forward to seeing Oceanair grow under its new ownership”. Rob Barnes, MKM’s Business Development Director leading the acquisition, added: “This acquisition fits perfectly with MKM’s plans for expansion, allowing us to branch out further into the HVAC industry. Continuing to work closely with the current Oceanair team guarantees a seamless transition, customers and suppliers can expect business as usual.”

TV ‘faces’ front up charities’ new fundraising event

Familiar faces from daytime TV will take to the stage next month to launch a new fundraising event devised by two of the region’s leading charities.

Broadcaster, journalist, and TV presenter Louise Minchin will be the guest speaker at the Ladies Lunch being organised by the Sailors’ Children’s Society and HEY Smile Foundation. She will be joined by Caroline Hawley, a partner in Hawleys Auctioneers of Beverley and known as an antiques expert for her appearances on the BBC TV shows Flog It! and Bargain Hunt. The occasion, which will take place at the DoubleTree by Hilton Hotel in Hull on Friday March 15, becomes a stablemate of the Society’s hugely successful, serial sell-out “Sportsman’s Lunch”, but organisers insist it will be very different. Natasha Barley, CEO of the Society, said: “It will be a celebration of women, female empowerment and enjoying an inspirational afternoon with women and men celebrating together. There is more focus now on women in leadership and recognising women’s achievements and this event will help to do that. The event will be open to all, just like the Sportsman’s Lunch which last year attracted the biggest turnout of women so far.” Tessa Wray, Head of Partnerships at HEY Smile Foundation, added: “This is a great event to be involved with, and something different to other events we deliver. We are very big on corporate engagement and coming up with events which are a little different, engaging, and memorable. Our two charities working in partnership, sharing resources, and raising funds together is a great demonstration of collaboration, which is important to us.”

College Principal to quit after six years in the role

The Principal and Chief Executive of Bishop Burton College is to retire at the end of the academic year after six years in the role.

Bill Meredith has spent a large part of his 42 years in land-based education at Bishop Burton College, during which time the college has consistently performed as ‘Good’ overall and ‘Outstanding’ for its residential provision in Ofsted terms. The College remains true to its agricultural roots but has diversified its curriculum considerably over the years to include subjects such as Engineering, Animal Management, Equine, Sport and Public Services. This approach has fueled the growth that was needed to enable the college to thrive and maintain its independent specialist Land-based college status with a turnover currently topping £30m. Riseholme College near Lincoln merged with the College in 2012 and, soon after, Bill became heavily involved in the development of a totally new campus on the Lincolnshire Showground. The merger has since proved incredibly successful and has secured the future of land-based education in Lincolnshire. As Principal, Bill led on the College’s successful bid to become a founding member of both the Yorkshire & Humber Institute of Technology and the Lincolnshire Institute of Technology. This has led to substantial capital investment in Agri-tech teaching resources including the Centre for Precision Agriculture at Bishop Burton and the Centre for Agri-Food Technology at Riseholme. More recently Bill realised a long-held ambition to establish a new Centre for Pig Industry Training on the college’s 890-acre farm, demonstrating the College’s enduring commitment to the livestock industry. Bill said: I feel it’s time to step down and make way for someone who can commit themselves to writing the next chapter of the College’s success story. I’m so grateful to have worked with such a dedicated staff team and for the support I’ve had from our College Board and industry partners.”  

Businesses to be urged to tackle in-work sickness

Businesses will be urged to tackle in-work sickness and stop people falling out the workforce, following the appointment of Dame Carol Black as the Government’s new Occupational Health Tsar. She will lead a Taskforce producing a voluntary occupational health framework for businesses, including establishing minimum levels of occupational health needed to stop sickness-related job losses, and help businesses better support those returning to work after a period of ill-health. Dame Carol said: “It is a privilege to Chair the new Taskforce which will review occupational health services available to employees across businesses of all shapes and sizes, and ] create a framework to support better employee health and wellbeing. We will encourage employers to embrace practices that prevent or reduce ill-health related job loss. “We know the impact high sickness absence and presenteeism has on businesses and their productivity, which is why I am so pleased to work with other members of the Taskforce to ensure occupational health support is in place for employees and employers alike.” Just 28% of employers in Britain provide some form of occupational health, with large employers (89%) nearly three times more likely than SMEs(28%) to do so. Minister for Employment Jo Churchill added: “Millions of working days are lost each year through sickness. We are helping businesses tackle this challenge head on so we can help boost productivity and grow our economy. “The work of Dame Carol and her expert Taskforce will be crucial as we drive down absenteeism, which we know is holding back British businesses and really focus on making occupational health support available to all. “Our £2.5bn Back to Work Plan will also help one million people, including those with long-term health conditions and disabilities, find work and reap the benefits it has to offer. Only 45% of workers in Britain have access to some form of occupational health, and with an estimated 1.8 million workers reporting work-related ill health in 2022/23, the government is acting to tackle long-term sickness to help people stay and succeed in work.”

Leeds-based transformer and generator specialist secures multi-million pound investment for management buyout

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Manufacturers of power and distribution transformers, Winder Power, has secured a multi-million pound combined debt and equity funding package from Connection Capital to support a management buyout of the business.

Hundred-year-established Winder Power has seen a significant increase in demand for its power generation and handling equipment and services with the switch to increased renewable energy generation across the UK over the last decade.

The firm employs over 100 people at its 80,000 sq ft manufacturing facility in Pudsey, Leeds, and customers include Thames Water, Euro Tunnel, ASDA and Drax.

The deal, which was originated and led by independent corporate finance boutique CorpFin, based in Harrogate, will see the exit of previous private equity investors Mercia Asset Management, which has disposed of its significant minority shareholding.

Winder Power MD Paul Mathews said: “This funding opens a new chapter for the business at an incredibly exciting time for our industry. The progress we have made to establish the Winder Power brand as the leader in the sector since our original MBO in 2008 has really paid off.

“We are now well positioned to enjoy another decade of growth, with infrastructure investment increasing across most of our sectors and markets in the UK at a time when we have an unrivalled reputation and capacity.”

CorpFin founder Chris Silverwood advised the board of Winder Power on the deal after a strategic review of the business and its leveraging during 2023.

Chris Silverwood of CorpFin said: “The drive and focus of the management team over the last decade or so has brought Winder Power to a market leading position in a buoyant sector with significant barriers to new entrants.

“This investment is a huge vote of confidence in the future of the business by a very savvy investor in the sector, Connection Capital, and sets the business up for a very bright future and continued growth with management taking the bigger stake that they deserve.”

Connection Capital provides £3m-£12m of private equity and debt funding to high-growth businesses in different sectors across the UK and has previously invested in Virgin Wines, Wagamama, and TeamSport Go-Karting.

Bernard Dale, Co-Founder and Managing Partner at Connection Capital, said: “We are always searching for UK SMEs with dynamic, experienced management teams to invest in and support. Winder is a great example. Its staff have unique skills and there are really positive market dynamics for future growth.”

Richard Moran and his team at Clarion provided legal advice to the shareholders in the transaction, RSM in Leeds provided tax advice.

‘Moment of opportunity’ highlighted for Sheffield culture sector

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Ambitions to develop Sheffield’s cultural offer and ensure the city is creative, prosperous, diverse and full of opportunity for its residents, have moved forward. A review of Sheffield’s culture sector has highlighted areas of growth and opportunity for the city, including strengths in its grass roots offering and independent businesses showcased. Some of the city’s larger, anchor institutions were also recognised for their acclaimed national and international profile. However, the city also faces challenges, with the report outlining that Sheffield must ramp up cultural investment and attract more funding for the sector. More must also be done to champion diversity and inclusion and better reflect the city’s residents and creators. The report also indicates that young people who face barriers accessing culture must be better supported. The audit was commissioned as part of the new Sheffield Culture Strategy 2024, which is being developed to address some of the long-standing obstacles faced by creatives living and working in the city. The strategy is being championed by the Culture Collective and Culture Consortium, and funded by Sheffield City Council, the University of Sheffield and Arts Council England, and aims to tackle obstacles laid out in the review. The sector audit is just the first phase of work being done ahead of the development of the strategy, and will help to shape it, along with the outcomes of consultation with both the public and individuals working in the sector.

Streets Chartered Accountants covers updates to payroll management, HR and compliance, Trade Credit Insurance, and more in new news roundup

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Streets also looked at the broader HR matters that may concern employers now and in the year ahead, along with the potential impact of changes to and the introduction of new employment legislation. If you missed it you can catch up now!

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Trade Credit Insurance can protect your business 

Does your business have Trade Credit Insurance? Have you reviewed it recently to ensure that your policy is the right fit and level of cover your business needs?

Trade Credit Insurance protects manufacturers, traders and service providers against losses from non-payment of a commercial trade debt. Debts can arise as a result of a customer becoming insolvent or failing to pay within agreed terms.

Read More

Open Road is Colchester office’s new nominated charity As part of Streets’ commitment to the communities in which its teams live and work, the Colchester office of Streets Whittles has an established approach to supporting a nominated local good cause. 

As of March 2024, Streets has selected Open Road to benefit from its support. An established drug and alcohol recovery support charity in Essex and Medway, Open Road provides services to support individuals on their journey to recovery from drug and alcohol addiction.

Have we become too obsessed about the use of technology in our businesses?

Is it time to regain control of our senses about the benefits and use of technology? The last 12 months seem to have been unprecedented in terms of the use and introduction of technology and digital innovation.

Who would have thought that OpenAI and ChatGPT only really came to market and wider use in November 2022? With the launch of Google’s AI and other platforms there does seem to be a frenzy of activity as organisations seek to understand what artificial intelligence can do for them or how it might impact their businesses.

Work starts on new Community Diagnostic Centre at Seacroft Hospital site

I&G have started work on the new Community Diagnostic Centre on the Seacroft Hospital site in Leeds. Community Diagnostic Centres (CDCs) are local hubs which provide a broad range of diagnostic care, such as checks, scans and tests, without patients having to go to a main hospital. The new CDC, which will be run by Leeds Teaching Hospitals NHS Trust, will be developed on the site of Seacroft Hospital, off York Road in Seacroft, Leeds. The project will involve the refurbishment of one of the unoccupied areas of the site, retrofitting it and adding two extensions to make it into a modern healthcare building to house state-of-the-art technology. Once open, the CDC will have the latest equipment to offer MRI and CT scanning, X-rays and various tests to local people, saving them a journey into the city to a large hospital. A major part of the work will be to improve the thermal efficiency of the old building, upgrading windows and insulation to ensure the centre will take less energy to heat and cool, and reducing its overall carbon footprint, adopting a retrofit programme of works that will protect the facility and those that use the building for many years to come. I&G Managing Director Christopher Carline said that the project would help give the building a new future: “Working in historic buildings is really rewarding, as through sensitive refurbishment we can bring them back to life, making them more sustainable and fit for the demands of modern healthcare for decades to come. “Working in the hospital grounds is a challenge, as there are already functioning medical facilities on the site, and we need to carefully plan our work to avoid disrupting patients and staff. However, I&G are experienced at completing complex projects on live hospital sites, so we’re confident we can deliver this exciting scheme and improve health outcomes for patients in Leeds.”

South Yorkshire business park fully let

MAGNA 34 Business Park, near Rotherham in South Yorkshire, is now fully let. New 3-year and 5-year leases have been agreed on the last of the units, announced Commercial Property Partners (CPP) and Knight Frank (KF), joint letting agents working on behalf of Mileway. The 40,200 sq ft business park in Templeborough consists of units ranging in size from 2,535 sq ft to 4,758 sq ft. Occupiers for the thirteen modern warehouses within the business park include, DB Automotive, WashCo Ltd, Tyrolit Limited, Check Fire and Keyhole TIG (UK) Pty Ltd. Chloé Bennett, for CPP, says: “Magna 34 has come to market at the height of demand for warehousing, and its location between Sheffield and Rotherham ensures access to a highly skilled and motivated work force within easy commuting distance. “We are obviously delighted that Magna 34 is now fully let, testament to the quality of the units of offer and the very favourable location of the scheme – but there is still need for additional stock to satisfy the confirmed demand for space from occupiers.” Harry Orwin-Allen, for letting agents Knight Frank, says: “Magna 34 is an established business park in a very sought-after location with great access to the M1. We are delighted to have concluded lettings on this scheme and have secured a mix of well-established national and local occupiers. “Demand remains high across South Yorkshire for new, purpose-built commercial space, particularly for sub-5,000 sq ft units such as the units offered at Magna 34. The Magna 34 scheme has provided much-needed high quality industrial accommodation for the South Yorkshire region, with lettings swiftly achieved to a variety of well-established occupiers, which demonstrates the huge success of the development.”

Council decides not to engage in talks over East Riding nuclear waste disposal site

East Riding councillors have voted to withdraw from conversations about the possibility of a nuclear geological disposal facility being built in South Holderness. Councillors have voted 53-1 in favour of a motion brought by Councillor Sean McMaster, which called on the council to withdraw from the siting process for the facility. However, the process is ongoing for another site in our region, at Theddlethorpe in Lincolnshire. Councillor Anne Handley, leader of East Riding of Yorkshire Council, said: “The purpose of the Working Group was always to open a conversation with the community about whether a GDF would be right for the South Holderness area. The council and NWS were clear about that from the very start. “In the past few weeks, many people within the community have made it clear that they find this idea unpalatable and do not want South Holderness to be part of the conversation. “Many other people have attended the drop-in events curious to find out more about the long-term benefits a GDF could bring to its host community. “Councillors have today considered all these views and decided that it is right to withdraw from this process.” Nuclear Waste Services, a division of The Nuclear Decommissioning Authority, is currently seeking a suitable site for a GDF for the UK’s legacy of radioactive waste.

West Yorkshire farmer becomes NFU Vice President

Rachel Hallos from West Yorkshire has been named as the new Vice-President of the National Farmers’ Union. Rachel’s family has an upland farm at Ripponden, home to a herd of pedigree Salers cattle and a flock of Scottish blackface sheep. She joins Present Tom Bradshaw and Deputy President David Exwood as an officeholder of the organisation representing 46,000 farmers in the UK. She said: “I’m incredibly proud and grateful to have the opportunity to represent Britain’s farmers as part of the NFU officeholder team. “As farmers are on the front line of climate change it is essential that profitability is built back into the sector, so we are able to invest in resilient businesses that are able to continue producing nutritious food for the nation. I look forward to working with Tom and David over the next two years to navigate the industry through times of much change.” Deputy President David Exwood said: “I have been proud to represent the British farming industry over the past two years as Vice President and I am looking forward to building on this work as Deputy President. I would like to thank Minette Batters for everything she has done for the organisation and congratulate Tom and Rachel on their new officeholder roles. “With a general election on the horizon, the next two years are key for the future of British agriculture as we continue the transition from direct payments. In an uncertain business environment, it is essential that farmers are recognised by all political parties for the climate-friendly food they produce, economic contribution they make to rural communities and their role as caretakers of the countryside.”  

Proposal would see UK steel industry jobs protected from imports for two more years

The Trade Remedies Authority has proposed that the UK’s steel safeguard measure,  protecting the country’s steel industry from surges in imports, be extended for a further two years. The current measure, which covers 15 categories of steel would expire at the end of June if it was not extended. If the measure is extended this year, it must end by 30 June 2026. Under World Trade Organisation rules another safeguard measure for these product categories of steel could then not be put in place for another eight years. TRA Chief Executive Oliver Griffiths said: “Our interim findings are that the steel safeguard measure should be extended for a final two years to June 2026, after which point they would fall away. This would cover all steel categories currently covered. Five UK producers engaged with the TRA during its investigation, covering all product categories in the review.” Sales of these products account for around 84% of these producers’ £5bn turnover. The producers also employ on average 15,000 staff in the UK and contribute a total of £595m to the UK economy. Businesses would be able to apply for other trade remedy measures on specific categories of steel products if they felt that the UK industry was being injured by, or was at threat of, dumped or subsidised imports. Interested parties can contact the TRA’s pre-application office to discuss applying for a new anti-dumping or countervailing measure. The TRA began an extension review of the safeguard measure in September last year. In conducting its review, the TRA found that imports would be likely to increase if the safeguard measure were to expire. The review also found that it is likely that serious injury would recur to UK producers across all 15 categories of steel if the safeguard measure were to be removed. These conclusions are based on the data provided to the TRA, the overcapacity in the global steel market, the risk of steel being diverted to the UK due to measures in other major markets and the attractiveness of the UK steel market.  

South Yorkshire businesses asked ‘are you ready for Artificial Intelligence?’

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South Yorkshire businesses are being canvassed for their thoughts about Artificial Intelligence — and the implications they anticipate it will have for them — in a new surveybeing conducted by the regional Chambers of Commerce. The Artificial Intelligence Survey is open from now until Monday the 11th of March and gives respondents a chance to share views on different aspects of this hot button topic. Among other things, it will ask whether they perceive AI to be a promising opportunity or a looming threat, if they have the skills in-house to properly utilise said technology, how well-positioned they are when compared to their competitors in this respect, and if they expect the latest developments to have any effect on the number of people they employ. Equipped with the findings from this poll, South Yorkshire’s Chambers in Sheffield, Doncaster, and Barnsley & Rotherham, will then be able to better represent and support the local business community with the results being used to prepare the region for AI. The Chief Execs for all three South Yorkshire Chambers said in a the joint statement: “AI is only increasing in prominence right now and its potential applications are spanning all industries. No sector will be untouched by these rapid developments and, though it goes without saying, we have to acknowledge that things are fundamentally going to change for businesses. “We truly are on the cusp of another industrial revolution in this sense, so it’s imperative that places like South Yorkshire do not get left behind. That’s why we are running this timely survey, to try and gauge how organisations really feel about the emergence of AI, the opportunities it represents for them, as well as the associated concerns they might have. “As Chambers who represent the business community, we need to understand how great the appetite is for embracing this technology and what more we —and our strategic partners in the region — can be doing to help. That’s why we are asking firms about their plans in relation to AI and if they know where they can turn to for support in fulfilling their ambitions. “We want South Yorkshire to be at the very forefront of this emerging sector and the insights gleaned from this survey will be invaluable in getting us there. As is always the case, it will help us to better amplify the voice of local business owners, to authentically represent them on a national stage and to advocate for meaningful change of their behalf. With that said, we are urging organisations to spare just a few minutes here to have their say here, as every last response counts.”

Sheffield Hallam wins shortlisting place in apprenticeship award scheme

Sheffield Hallam University has been shortlisted for the Educate North 2024 Apprenticeship Award. The University’s National Centre of Excellence for Degree Apprenticeships currently supports close to 3,000 degree apprentices studying across 40 disciplines and subjects, more than any other provider in the UK. In the past year it has achieved key milestones including working with its 700th employer partner and facilitating higher and degree apprenticeship (HDAs) courses worth a total of £61.1 million. Dan Lally, Group Director of Business, Enterprise, Skills and Employability at Sheffield Hallam said:  “At Sheffield Hallam, we are the home of the National Centre of Excellence for Degree Apprenticeships. That means we have a responsibility to enhance understanding of the opportunities apprenticeships provide to individuals and businesses, especially here in the north. “Bridging the knowledge gap around degree apprenticeships is so important, and this year we have led the higher education sector in positioning them as a viable alternative to traditional higher education. This nomination reflects the breadth of the work we have done in a really busy and successful year.” The Educate North Awards, now in their tenth year, celebrate, recognise, and share best practice and excellence in the education sector in the North.  Some 43% of Hallam degree apprentices are from Yorkshire.  Winners will be announced on Thursday 18 April at a ceremony in Manchester.

Drax becomes second founder member of the University of Sheffield’s Energy Innovation Centre

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Renewable energy company Drax has become the latest founder member of the University of Sheffield’s newly-launched Energy Innovation Centre. The new partnership will drive forward research into next generation carbon capture technology, including innovations in bioenergy with carbon capture and storage, or BECCS. Drax joins Boeing as the second founder member of the Energy Innovation Centre (EIC), launched by the University of Sheffield Energy Institute, which offers partners from industry access to two of the University’s newest world class research facilities. The first – the Sustainable Aviation Fuels Innovation Centre (SAF-IC) – is a first-of-its-kind facility in the UK that tests and certifies new sustainable aviation fuels. The second – the Translational Energy Research Centre (TERC) – contains pilot-scale production facilities suitable for investigating different methods of carbon capture, utilisation and storage. The partnership will use the first-of-their-kind technology available at TERC to carry out research and development into carbon capture and utilisation technologies, and to investigate the use of other routes to decarbonise and defossilise industry, including renewable natural gas, hydrogen, battery storage and new BECCS technologies. In particular, Drax will look at BECCS, a process in which carbon dioxide from using biomass as an energy source, such as wood pellets or agricultural residues, is captured and stored. Because plants absorb carbon dioxide from the atmosphere, the process results in negative emissions. Access to the equipment at TERC, including the first-of-its-kind Molten Carbonate Fuel Cell, and a grate-fired biomass boiler which enables studies into BECCS, will mean Drax can carry out pilot-scale testing on some of the most cutting-edge carbon capture rigs in the UK. Drax is the second largest producer of sustainable biomass globally, and its biomass power station in North Yorkshire is the UK’s single-largest source of renewable power by output. The new partnership with TERC aims to further demonstrate and understand the opportunities for new forms of energy and application of BECCS in the UK’s energy and industry landscapes. Professor Mohamed Pourkashanian, Managing Director of the University of Sheffield’s Energy Innovation Centre, said: “We are excited to welcome Drax as a founding member of the EIC. Drax’s commitment to furthering renewables and other low-carbon sources of energy make them an ideal partner for driving research and development in these areas. “Combined with the expertise of the researchers at TERC, we hope Drax’s work within the EIC will lead to impactful, practical applications of innovative processes and technology. We look forward to working with Drax and to the continued growth of the EIC.” Jason Shipstone, Drax’s Chief Innovation Officer, said: “This new partnership between Drax and the University of Sheffield is hugely exciting for the carbon removals sector. The incredible facilities, and the global academic excellence of TERC, will enable Drax to innovate further as we look to deploy BECCS technology at scale in the coming years. “Governments around the world are increasingly turning to BECCS in the fight against climate change as it is the only technology which can simultaneously remove carbon dioxide from the atmosphere while generating dispatchable renewable electricity.”

Rising number of start-ups in Yorkshire and the Humber

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There is some reason for cautious winter economic cheer with the latest research from the UK’s insolvency and restructuring trade body, R3, showing that all regions and nations across the UK, including Yorkshire and the Humber, saw an increase in the number of new businesses launching in January 2024 compared with the previous month.

According to the research, based on an analysis of data provided by CreditSafe, the number of start-ups in Yorkshire and the Humber rose by 39% from December 2023 to January 2024, with another 5,405 new businesses setting up in the region last month – over 1,500 more than in the previous month.

Some other regions and nations performed even more strongly with the North East seeing a 61% rise month-on-month; the South East up by 54%; and the South West and Wales experienced a 50% uplift. The lowest increases were in Northern Ireland with a 33% rise; and in the West Midlands, up by 35%.

However, there was a less rosy picture in Yorkshire and the Humber in terms of insolvency-related activity last month. While this type of activity (which includes liquidator and administrator appointments and creditors’ meetings) fell in all 12 regions and nations, Yorkshire and the Humber saw the smallest drop with a decrease of just 4.8% since December.

This means that in January, 236 businesses in the region were affected. The North East also saw a single digit drop in insolvency-related activity (-9.5%); followed by Wales (-13.3%); and the North West (-19.6%).

In contrast, the greatest decreases in insolvency-related activity were in Northern Ireland (down by 58%); followed by the South East (-35%); the East Midlands (-34.5%); and the South West (-33%).

Eleanor Temple, chair of R3 in Yorkshire and a barrister at Kings Chambers in Leeds, said: “It is certainly encouraging to see so many brave entrepreneurs across the UK having the confidence to launch a new business as we head into 2024, and also fewer businesses last month being impacted by insolvency-related activity.

“It is perhaps a sign that the tide is turning and people are starting to feel that the worst is over as inflation steadies and there is talk of possible interest rate drops later in the year.

“However, the UK economy is continuing to disappoint with inflation proving to be sticky, operating costs rising and consumer spending remaining under pressure. In such a difficult landscape, many businesses may be heading towards insolvency and would be well-advised to seek professional advice as soon as possible to avoid financial problems spiralling out of control.”

Acorn Construction boosted with six figure investment

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A provider of indoor and outdoor scaffold-based temporary structures and staging is focused on growth after receiving a six-figure investment from NPIF – FW Capital Debt Finance, which is managed by FW Capital and is part of the Northern Powerhouse Investment Fund.

Headquartered in Sherburn-in-Elmet, Leeds, Acorn Construction works with clients from various industries and sectors including film, TV, festivals, concerts, exhibitions, parties, sports events, arts, and theatre. Clients include the BBC, Creamfields, ITV Studios and the Goodwood Festival of Speed.

The loan from NPIF – FW Capital has helped Acorn Construction to invest in the growth of the business and launch a new black Truss designed stage into the market. This is a unique product that offers a higher capacity loading for production equipment and a black structure instead of the traditional aluminum structures. Acorn Construction has also created ten new jobs.

Rebecca Nutter, Managing Director at Acorn Construction, said: “We’ve built up an established reputation for the quality and innovative nature of our staging and structures which suit a variety of uses.

“We have created this new stage following customer demand for a black structure that can withstand the increased load capacity that is needed at festivals and concerts due to all the lighting and staging equipment needed. It can be difficult to obtain funding for this type of asset but the flexibility of the investment from FW Capital has been important.

“On the back of this funding, we are also looking at other new opportunities to develop the business further. I’ve been happy with the support from FW Capital – Lindsey has taken the time to understand our business and provided us with a personal approach.”

Lindsey McMenamin, Portfolio Manager at FW Capital, added: “Acorn Construction operate in a niche market and is known for excellence in their field. This is another great example of how NPIF funding is helping business growth with the launch of a new unique stage in response to customer demand. I’m thrilled to be supporting Rebecca and the team on their journey to further success and expansion.”

Construction Risk Seminar to help build a safer future 

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A must-attend event for professionals in the construction sector and the built environment will take place on Wednesday 28 February 2024.

From architects to groundworkers, join the Construction Risk Seminar, starting at 1pm at the prestigious 4th floor of the Vijay Patel Building in Leicester, LE2 7DP. 

What to Expect

Learn to Eliminate, Reduce, and Manage Risk; discover practical approaches to make your projects safer, healthier, and more profitable; Continuous Professional Development (CPD); and elevate your knowledge and skills through engaging discussions on risk management strategies tailored for the construction industry.  

There will also be opportunities to connect with like-minded professionals, from conceptual architectural designers and engineers to surveyors, developers, and associated trades and professions.  

Key Topics of Discussion:  

Cyber & AI: navigating the digital landscape in construction.  

E&O Design Liability: understanding and mitigating design-related risks.  

Employment: exploring legal aspects and best practices.  

Supply Chain, Imports, CE Marking, and Product: addressing critical considerations.  

Credit, Bonds/Surety: managing financial risks effectively.  

Late Defect/Building Warranties vs Collateral Warranties: ensuring long-term project success.  

Health and well-being in the industry.  

MMC (Modern Methods of Construction): embracing innovation responsibly.  

Contract Law (JCT/NEC/Collateral Warranties): navigating legal frameworks for successful collaborations.  

Esteemed Panelists:  

A distinguished panel includes experts at the forefront of the construction industry:  

Nick Taylor-Ward – ACII & Chartered Insurance Broker – Konsileo

Dr. Ronaldo CEng – Producument – Toshiba Mitsubishi Europe TMEIC

Kate Cheyne – Head of School – Arts, Design, and Architecture at DMU

Emma Tegerdine, Expert Employment Law Solicitor and Judge – gunnercooke LLP

Alice Bremner – Senior Credit Underwriter at Tokio Marine HCC International

Christine White – Professor of Art & Design, Director of the Design Unit, Deputy Dean Arts, Design and Humanities at De Montfort University

Stephen Woolf – CMIOSH CMaPS MIEMA CEnv – Group Compliance Director – Sigma

Tim Rugg – Professional Indemnity Underwriting Manager at Tokio Marine HCC

Schedule:  

1:00 PM: Registration and Networking   1:30 PM: Panel Discussion   3.30 PM: Q&A Session   4.00 PM: Networking and Refreshments  

RSVP Information:  

Don’t miss this opportunity to gain valuable insights, expand your network, and contribute to building a safer future for all. Book your place here.  

For further information, please contact CE East Midlands at alexander.tabb@deltasimons.com

Event sponsored by Konsileo