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Lincoln-based finance company appoints three new employees
Lincoln-based Almond Finance has made three appointments on the back of its growth of more than 50% over the last there years.
Two additional Paraplanners and a Mortgage Protection Consultant have joined the team as part of a recruitment drive for the business.
Joshua Davis, 22, joins the business as a Paraplanner, having graduated with a first-class degree in Banking & Finance from the University of Lincoln.
Ryan Sharpe, 35, also joins Almond Financial as a Level 4 Qualified Paraplanner having previously had a career as a research scientist with a PhD in Chemistry. Ryan joins the firm as he looks to redirect his career in financial services.
Joe Fleet-Chapman has joined as Mortgage Protection Consultant. With previous experience in Mortgages and Protection, Joe, 27, specialises in securing property finance.
Sam Robinson, Principal Financial Advisor, said: “It’s great to welcome new talent and fresh, relevant knowledge to the team with our Paraplanners, Joshua and Ryan. We’re also pleased to welcome our new Mortgage Protection Consultant, Joe, coming from his already experienced background in mortgages.
“We’re excited to be working with a growing number of clients nationwide every day. As a company, we look to make financial help accessible to everyone, which is why we’ve made this a priority as we’ve grown through acquiring business outside our previous scope and employing as needed.
“With around 50% of advisors expected to retire over the next 5 years, Almond Financial is well-positioned with a young but experienced team to acquire new business following the transition of market assets.”
Yorkshire Water starts £2m Thorne improvement scheme today
Parliament hears from Humber region about tech potential in our region
some of the Future Humber and Bondholders team headed to London to support the launch of UK Tech Cluster Group’s report into ‘Four Big Ideas’ for regional tech in Parliament.
Along with representatives from C4DI and other organisations around the Humber, we attended the launch in Parliament of UKTCG’s latest report ‘Ecosystems of Innovation’, looking at grassroots activity in the regions and how potential can be harnessed for growth. UK Tech Cluster Group (UKTCG) members work with tech businesses of all sizes, across all tiers of government and with partners in other key sectors driving our economies. The report outlines ‘Four Big Ideas’ to transform our economy:- A globally competitive tech talent pipeline in every region
- Driving digital innovation at the foundations
- A UK innovation policy which gives every place a chance
- Mobilising ecosystems to help businesses to start and grow
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Trading Standards launch new ‘trusted traders’ scheme throughout Lincolnshire
Trading Standards services across Lincolnshire have joined a national scheme that allows residents to know they’re buying from businesses that work in a legal, honest and fair way.
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£1.136m makeover of Pontefract market complete
Cllr Michael Graham, Cabinet Member for Regeneration and Economic Growth, said: “It’s brilliant to see the market hall and the incredible work that has gone into transforming it, to give traders and shoppers the best facilities.
“We took the decision to invest in its future because an independent review we commissioned in 2018 found that, with some changes, the market could continue to be sustainable. “Markets play a significant role in bringing shoppers to the town centres and they contribute to our aim of growing the local economy and providing employment opportunities to residents.” Pontefract market has been renovated both inside and outside with new flooring, wiring, lighting, ceilings, and shutters. Repairs have been made to the roof to make it waterproof. The walls, ceilings and frames have also been redecorated to give the market a fresh look. Outside, feature lighting has also been installed to highlight the Grade II listed market facade, that was designed by Joseph Wilson and opened in 1860 by former Prime Minister, Lord Palmerston. Local ward councillors have also funded repairs to the traditional red telephones boxes. Pontefract is the second of the four markets to be completed. Work on Normanton finished in May. Of the remaining two, Castleford will complete in Spring 2024 and work on South Elmsall will start around this time.New ownership for metals and minerals supplier
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British Steel turns to biomass experiment for sustainable fuel
A university research study supported by British Steel is investigating the production of an environmentally friendly green fuel.
The research will investigate whether the fuel, known as biochar, can replace injection coal in blast furnaces and act as a future clean carbon source for electric arc furnace steel production.
Peatlands are some of the most fertile lands in the UK for food growth, but decay of the peat soil emits large quantities of carbon dioxide. Alternatively, farming the land as sustainable wetlands, growing willow for biomass, prevents degradation of the peat.
Subjecting the willow crop to a thermochemical treatment called pyrolysis would be used to provide heat to enhance indoor farming productivity and produce biochar – a man-made charcoal. This biochar might then be used as a coal replacement, reducing the requirements for fossil fuels and reducing the net emissions that contribute to global warming.
Academics from the University of Lincoln have secured funding from the Industrial Decarbonisation Research and Innovation Centre for the project, and are working with farming estate and biochar supplier Lapwing Energy, CATCH – a champion for clean industrial growth – and British Steel.
As a partner in the project, the steelmaker is helping to steer the study and give a technical view on requirements to determine if biochar could replace injection coal and act as a future clean carbon source for electric arc furnace steel production.
Dr Andy Trowsdale, our Head of Research and Development, said: “By partnering with suitable suppliers, it is possible to provide sustainable feedstock materials and at the same time support land use projects that provide environmental benefits that far exceed those related to the fuel.
“A tonne of sustainable bio-carbon optimised for our steelmaking needs will reduce our net CO₂ emissions by three tonnes. But if the requirement for this material can prevent the degradation of peat re-wetting the land, then the CO₂ benefit can be nearly 10 times this amount. Combined with off-setting benefits from not extracting coal and each tonne of bio-carbon from this project has the potential to reduce UK net CO₂ emissions by nearly 30 tonnes.”
The project is funded by the UK Government as part of the Direct Air Capture and Greenhouse Gas Removal programme. The UK aims to reduce industrial emissions to net zero by 2050 and research projects that have received funding each support that ambition.
Building society highlights how to get extra income without working any harder…
Millions of people could be missing out on almost £1,000 extra income a year because their savings are in low- or no-interest paying current accounts, analysis from Yorkshire Building Society and CACI suggests.
There are nearly 13 million current accounts held in the UK with balances above £5001, and of those people who hold at least £5,001 in their current account, the average balance held is £24,500.
Almost £400bn is being held in current and savings accounts earning 1% interest or less, but people’s lack of understanding of the impact of their savings habits means millions are losing out on potentially thousands of pounds in interest.
Research also completed by Yorkshire Building Society suggests that over half of savers haven’t compared the interest paid on their accounts in the last year, and over a third hold most of their savings in a current account, offering little or no interest.
Chris Irwin, director of savings at Yorkshire Building Society, said: “Despite savings interest rates getting a lot of attention over the last year, following the significant increases in the Bank Rate, it’s surprising that there are still large pockets of people who are significantly missing out on savings interest – shopping around can now make a substantial difference to the returns available.
“Keeping large amounts of funds in low paying current accounts has become a costly mistake for millions. It’s understandable to want to have money accessible for emergencies or even topping up everyday expenses, but with so many instant access savings accounts currently available in the market paying a much higher return, there has never been a better time to review the home of your savings.
“Reviewing finances and savings can sometimes be an afterthought, with other things in life taking priority, however the start of a new year provides the perfect opportunity to take a close look at your finances and increase awareness of your situation and from there look at how you could make small changes which add up to much bigger returns.
“It doesn’t matter how you choose to go about it, but making just one positive change to your finances, could make a big difference in the long-term.”