Stronger links between science and innovation and financial institutions to be forged at new Innovation Hub in Leeds

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Stronger links between UK science and innovation and financial institutions will be forged at a new Innovation Hub in Leeds. The Hub, part of the UK Centre for Greening Finance and Investment (CGFI), is situated in Nexus, the University of Leeds’ innovation community, in partnership with Leeds University Business School and the Priestley Centre for Climate Futures. The Centre has three key pillars to its work; research, policy and innovation, built on a foundation of convening, collaboration and capacity building to transform finance and investment for a greener future. Dr Martin Stow, Pro Vice Chancellor for Business Engagement and Enterprise at the University of Leeds, said: “The CGFI hub, based in Nexus, is an exciting new initiative that will help further strengthen and foster collaboration between academia, start-ups and businesses in the North. “This hub will help accelerate the adoption of climate and environmental data and analytics by financial institutions, delivering a positive impact on the regional economy and beyond.” The Leeds Innovation Hub is one of two physical hubs, with the other located at Imperial College London, that will support innovation and commercialisation in the North. Activities will aim to help financial institutions to accelerate their use of climate data and analytics, including:
  • Connecting industries and networks across environmental science and finance;
  • Knowledge exchange and support for the application of climate science in industry;
  • Innovation and early-stage business support.
Professor Iain Clacher, Professor of Pensions and Finance, Leeds University Business School and Director of the UK CGFI Leeds Innovation Hub, said: “The opening of the CGFI Innovation Leeds Hub is the next step in accelerating the use of climate and environmental risk analytics into institutional investment and finance. “By working with industry, we will be able to deploy the best analytics for the problems facing finance today. “As well as providing best in class analytics for real-world use cases, the CGFI Innovation Hubs will help to build the talent pipeline through CGFI Connect events, tech sprints and hackathons, as well as through internships and placements. “Building the talent pipeline is going to enable the UK to remain a global leader in climate finance and innovation in this space and will help to capture the economic benefits across the country from the transition to a low carbon, climate resilient world.” Professor Jason Lowe OBE, Chair in Interdisciplinary Climate Research – Priestley Centre for Climate Futures at the University of Leeds and Head of Climate Services at the Met Office, added: “The latest climate science has enabled us to better understand the past in a way that helps us predict future climate and what the impacts might be. “Now CGFI is bringing together this climate knowledge and data alongside other academic disciplines to provide new perspectives that help make the science directly relevant to finance. Our Leeds hub adds the next ingredient, working with business to apply it in the real world.” Funded as part of CGFI by UK Research and Innovation (UKRI) through the Natural Environment Research Council (NERC) and Innovate UK, the Hub will nurture and support a vibrant ecosystem of enterprises providing climate and environmental analytics products and solutions built on robust science. Matt Scott, Executive Director, CGFI, said: “The Leeds Innovation Hub will bring together climate science, financial institutions and innovative companies in the field of climate and environmental analytics to unlock opportunities for the UK and help to transform finance for a greener future.”

Property firm embarks on hiring spree

A Teesside property business has filled several new roles after a record year in which demand for the firm’s services has soared. Just two years ago, Horizon Sales and Lettings compromised of just the three current directors. Now, after a bumper 12 months, it boasts 20 staff. The new hires are all in key management roles and have grown the Middlesbrough-based firm’s workforce by over a third. “Three years ago, we set a target to sell 60 units a year, but now we are selling significantly more,” said Denis Shail, one of the company’s directors who is also an experience mortgage advisor. “We are consistently achieving high rankings on Rightmove, while enquiries and valuation requests are at record levels.” Co-director Chris Bunn added: “Business is booming, as is the Teesside property market, and that’s why we knew that the time was right to expand our talent pool. “And it comes as no surprise that our staff have absolutely hit the ground running in their new roles.” The new staff will take up various roles across the company, in either the estate agency or refurbishment aspects of the business. Among the new recruits is Jan Westbury, who brings 20 years of invaluable industry experience into his new role as branch manager. Two of the roles have been filled internally, with Charlotte Young promoted to the position of investor relations manager after two years with the Newport Road company. Her colleague James Miller becomes site manager after 18 months as lead joiner. Externally, new business development manager Jordan Ward and maintenance manager Jeff Barber arrive after leaving well-known local estate agents, while Wendy Jonas has arrived as Horizon’s new operations manager having moved from a national house building chain and Flynn Linklater-Johnson has joined as full-time property assessor. Director Martin McManus added: “We are thrilled with them all, and they are natural fits for our business, each bringing with them the skillsets, knowledge and enthusiasm that will drive us even further forward. “The fact staff have been willing to move here from some very prestigious North East property companies shows just how much they believe in the vision for this company and the fact they want to help us grow it shows just how committed our staff are to the business. “We believe there’s great things ahead and we are delighted to have them onboard for that journey.”

West Lindsey manufacturing firms offered fully-funded business advice

Manufacturing businesses across West Lindsey can access a fully funded programme of support thanks to Business Lincolnshire. Business Health Assessment, Consultancy Coaching or Training support, Online Workshops and a Peer Networking Forum, are just some options available to business as part of the Manufacturing Support Programme, subject to certain criteria being met. Across Greater Lincolnshire, the manufacturing sector currently employs 66,000 workers;14 percent of the total employment for Greater Lincolnshire and Rutland. This contributes £4.76 billion to the area’s total economic value. Businesses can participate in every part of the service or just the parts that solve a particular need. It includes focused individual support to help implement the actions resulting from the Business Health Assessment the programme, popular areas for support include:
  • Business Coaching.
  • Productivity Improvement & LEAN Manufacturing.
  • Sales and Marketing.
  • Finance & fund raising.
  • HR and Workforce Development.
  • Protecting Intellectual Property.
  • Leadership & Management Training.
The programme is open to manufacturing businesses (that either manufacture, add value or service physical and digital products) that have more than one full-time employee, a greater than £100,000 turnover and have traded for more than one year. Further information: Mike Epton 07733 107238.

Awards recognise the best in building design in Leeds

Designs that are making a difference to lives and local communities have been celebrated at this year’s Leeds Architecture Awards. Awards were presented in five main categories – new buildings (up to £10m in value), new buildings (more than £10m in value), adapted buildings, cultural projects and public realm & landscape. The respective category winners were Maggie’s Yorkshire Centre, the University of Leeds’s Sir William Henry Bragg Building, Opera North’s Music Works, Leeds Playhouse and Moortown Park. The Heatherwick Studio design team that worked on Maggie’s – a cancer support centre in the grounds of St James’s Hospital – had double cause for celebration as it also received the evening’s top prize, project of the year. A cheque for £1,000 was also presented in support of the work of the Maggie’s charity. The roll-call of winners was completed by 11 & 12 Wellington Place, which was given a special sustainability award. Guests at the ceremony heard from speakers including Councillor Helen Hayden, the council’s executive member for sustainable development and infrastructure. The three award judges – renowned architects Natalia Maximova, Robert Evans and Charles Campion – also took part in a panel discussion with event host Andrew Edwards. This year’s awards were the first to have been held since 2019, due to the impact of the COVID-19 pandemic. Martin Hamilton, director of Leeds Civic Trust, said: “I know the judges thought long and hard before choosing the winners – this reflected the incredibly high quality of entries this year. Leeds Civic Trust champions high quality architectural design, and there is no doubt that this year’s competition displayed these qualities in abundance. “I was particularly pleased that this year’s competition found time to pay tribute to Mark Finch who, as director of real estate at Rushbond PLC, led the regeneration of some of the city’s most iconic buildings, including two on the shortlist for this competition – the First White Cloth Hall and the Majestic. “Mark sadly passed away earlier this year but it is hoped that his memory will live on through a prize at future awards ceremonies.”

Government asks businesses for advice on Turkish free trade agreement

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The Government is asking businesses for advice on the stance to take in negotiations for a new, modernised free trade agreement with Turkey. Trade between the two countries reached £23.5 billion in 2022, making Turkey a top 20 trading partner for the UK. In 2021, around 7,500 UK VAT-registered businesses exported goods to Turkey, including well-known brands like Vodafone. The UK and Turkey have an existing FTA which is based on outdated provisions from the 1990s negotiated when the UK was a member of the EU, and only covers goods. We are committed to negotiating a new, modernised FTA that is fit for the 21st century and covers sectors such as services, tech and digital. The Call for Input will give businesses, organisations, and individuals the opportunity to shape the UK’s negotiating aims ahead of talks and ensure the updated trade deal is tailored to the strengths and priorities of British businesses. International Trade Minister Nigel Huddleston will launch the Call for Input on a visit to Vodafone’s Newbury headquarters. Vodafone is one of the UK’s largest investors in Turkey. International Trade Minister Nigel Huddleston said: “Trade deals are all about creating opportunities for businesses, growing the economy and supporting jobs – that’s why it’s so important businesses tell us what they want from them.

“Turkey is a great strategic partner and we already have a thriving trading relationship – up more than 30% in the last year alone. I’m incredibly excited to start upgrading our FTA, opening up opportunities for growth and giving British businesses better access to a market of some 85 million people.”

Mike Sheldon gets second three-year term as Chair of the Seafish Board

Defra Secretary of State Thérèse Coffey and the Devolved Administrations have reappointed Mike Sheldon as Chair of the Seafish Board for a second term of three years from next April.
He said: “It is a real privilege to work in such an organisation. There is so much talent directed towards supporting industry to tackle the challenges it faces.
“We have a full agenda of work over the next few years, and I am really looking forward to bringing even more value to our stakeholders and doing our bit to ensure a thriving seafood sector.
The Seafish Board is made up of seafood industry and independent members comprising a Chair, Deputy Chair, and eight members. They are responsible for the strategic direction of Seafish. Amongst the membership is Nigel Edwards of the Hilton Food Group, which supplies Tesco and Waitrose with seafood products from its factories in Grimsby.
Mike is also a board member on the Agriculture and Horticulture Development Board (AHDB) and Chair of its Pork Sector panel. He brings more than twenty years’ non-executive experience and chairmanship of public bodies and private companies, as well as significant experience of establishing long term strategies and delivery plans.  

Global developments see Rotherham firm’s headcount reach 2,000

Continuing global expansion means the AES Engineering Ltd group, including AESSEAL and AVT Reliability, has taken on its 2,000th employee worldwide.

The group has accelerated its growth by investing in people as well as in the latest robotic and AI-powered technology at AESSEAL’s recently-completed £61m “Factory for the Future” in Rotherham and through global acquisitions and partnerships. MD Chris Rea said the company goal was not to be the biggest, but to be the best. “We welcome all the new members of the AES ‘family’, as we need the best possible people to give the exceptional customer service that drives our success.” The group, headquartered in Rotherham in the UK, is one of the world’s largest manufacturers of mechanical seals used in all types of industry and is a leading advocate of environmentally friendly investment to reduce pollution, lower carbon emissions, and cut water use. AES has been audited as Net Zero on its direct and indirect energy use since 2021 and continues to demonstrate that its positive environmental impact, helping global customers, exceeds supply chain emissions. This gives it the unique status among major engineering companies of having achieved Net Zero on all environmental scopes. AESSEAL, the group’s main global brand, was founded in 1979, with a handful of staff. It now operates from more than 231 locations in 104 countries, and holds, in addition to its engineered product portfolio, the world’s most comprehensive standard inventory portfolio of mechanical seals, bearing protectors, seal support systems, and packing. Acquisitions in Canada, Australia, Chile, and most recently a strategic partnership in Japan, joining forces with Torishima Japan Co., Ltd. have contributed to AES Engineering’s continuing expansion.

Universities of Hull and Lincoln plan Humber Freeport collaboration

The Universities of Hull and Lincoln have announced plans to collaborate on a series of key projects along the Humber region. A Memorandum of Understanding (MOU) between the two universities will see a partnership focussed on regional opportunities relating to sustainability, energy, innovation, and business support. The MOU outlines collaborative opportunities such as supporting skills and innovation in the Humber Freeport, supporting offshore renewable energy and decarbonisation in the region.
The Memorandum of Understanding was signed at an event held at the University of Lincoln, where senior delegates from both universities were in attendance. Professor Dave Petley, Vice-Chancellor at the University of Hull, said: “Universities play a crucial role in developing solutions and opportunities through their research, innovation and enterprise; sparking growth and bringing economic prosperity. “Our partnership with the University of Lincoln will enable us to provide focused business support and deliver real impact: driving advances in renewable energy and decarbonisation across the Humber. “As an anchor institution in our region, and a founding partner of the ‘Oh Yes! Net Zero’ campaign we are already working towards uniting Hull and the surrounding region to lead the UK to a cleaner, greener and more prosperous future. “The region’s green energy credentials have enabled us position the Humber as an ideal living lab to develop projects that showcase how the world can develop solutions for a clean growth future. “As a University, we have an ambitious plan to make our campus carbon neutral by our centenary year in 2027. Our vision to be a research-led, civic university firmly focused on creating a fairer, brighter, carbon-neutral future for all is underpinned by our University strategy built around two themes – sustainability and social justice.
“True sustainability and social justice in the Humber region will be delivered through real projects involving businesses and communities and strong partnerships. I am confident that our partnership with the University of Lincoln will bring significant benefits to local communities and effect change in the region and beyond.” Professor Neal Juster, Vice Chancellor of University of Lincoln, said: “I’m delighted that we are working collaboratively with the University of Hull to ensure our sustainability commitments have regional and global impact. “This Memorandum of Understanding, signed this evening alongside partners from the University of Hull, highlights how Higher Education institutions can work together for the benefit of their surrounding areas and beyond.
“The Humber Estuary region is currently one of the most concentrated emitters of carbon but is rapidly becoming a major producer of clean energy and decarbonisation, with carbon capture, solar and wind energy all being developed and installed in the area. “The Net Zero ambition and aims of the project align with the strategic plan and vision of the University of Lincoln to deliver knowledge, capabilities, and skills into industries and organisations that are essential to the region’s prosperity.”
Both the University of Hull and the University of Lincoln now integrate a Net Zero agenda into every aspect of operations including teaching and learning, research, partnerships within industry and in day-to-day estates operations. Like the University of Hull, the University of Lincoln has made a commitment to a carbon-free future, with its pledge to work to net zero carbon emissions by the year 2040.

Specialist education school purchases grade II listed Moorfield House in Leeds

Children’s service provider Polaris has swooped to purchase the iconic Grade II listed Moorfield House building in Headingley, to transform it into a special educational needs school.

The unique opportunity to acquire approximately 20,000 sq ft on a 1.5-acre site will allow Polaris to cater for up to 80 students, in addition to the eight schools already up and running across the UK.

Strategic property advisers, Fox Lloyd Jones handled the sale of Moorfield House which comprises an attractive Grade II listed building across four floors, with the property retaining several period features including high ceilings, stone archways and a grand staircase. A single storey extension, known as the Brahm Building, provides further, ready-to-go accommodation.

The property offers a rich history, originally built around 1855 before becoming a Missionary College in 1936. Throughout the war years it is thought to have been used as a wartime administration office by the Royal Air Force, then as regional offices for the Automobile Association (AA). In recent years the building was occupied by marketing agency Brass (formerly Brahm) and acquired by Illuminating Investments in early 2020, before being purchased by Polaris.

Situated in a peaceful setting just off Otley Road (A660), the area is perfectly positioned for a school environment with large open spaces and a number of amenities in touching distance.

Polaris supports children and young people with additional needs, by helping provide them with the best tailored, diverse and appropriate education in a safe and supportive environment.

Harry Finney, associate director for Fox Lloyd Jones, said: “We’re really pleased to have successfully completed the sale of both Moorfield House and the Brahm Building to a user who is committed to restoring Moorfield House and will be using the wider site to its full potential.

“Moorfield House was a rare freehold opportunity and attracted significant interest from a diverse range of end users. We’re looking forward to seeing how the Polaris team transform the building into an educational space that will benefit the wider community.”

Loren Cahill, project manager for Polaris, said: “We’re absolutely thrilled with the acquisition of Moorfield House and Brahm Building in Headingley. With this remarkable space, we are poised to provide the best outcomes for young people, offering a supportive and empowering environment to learn, grow, and thrive. We cannot wait to open the doors to Ormston School and witness the positive impact we will undoubtedly make in the lives of these promising young individuals.”

Fox Lloyd Jones & Carter Towler were appointed as the joint disposal agents.

Bank of England leaves interest rates unchanged

The Bank of England has decided to hold interest rates at 5.25%. Its Monetary Policy Committee (MPC) voted by a majority of 6–3 to maintain Bank Rate, with three members preferring an increase of 0.25 percentage points, to 5.5%. It marks the second interest rates pause following a run of 14 increases as the Bank tried to get inflation under control. Federation of Small Businesses (FSB) national chair Martin McTague said: “This will at least be a relief for small businesses that we seem to be at the end of continually rising rates. This means they can now strategise for growth, given that we’ve, hopefully, hit inflation’s peak. “However, rates have got to start dropping soon as many businesses are reeling from the unwelcome effects of 14 consecutive base rate hikes. Our latest Small Business Index (SBI) has begun to show business confidence creep up, from -14.2points in Q2 of 2023 to -8 points in Q3. Now, in order for that figure to stabilise or even climb, targeted interventions are needed. “Small businesses are really feeling the double impact of high borrowing costs and reluctant customers – an unwelcome mix in an era where the cost of doing business remains notably high. “With the Autumn Statement on the horizon, businesses are holding their breath for supportive policies. Top of the agenda should be maintaining the 75 per cent business rates relief for SMEs in retail, hospitality, and leisure. It’s currently set to expire in March and losing it could be a knockout blow to sectors already on the ropes. It’s time the promised business rates overhaul actually happens. “The Chancellor should also tackle the late payments issue head on by making clear that it’s not acceptable for large businesses to finance their working capital at the expense of small businesses. We’d also like to see the self-employed being able to deduct the cost of training from their taxable income. This could be a transformative policy in an era when entrepreneurs need to adapt constantly to new developments.”

Planning application submitted for new residential scheme in North Yorkshire village

Plans for a new residential development in a North Yorkshire village have been submitted to North Yorkshire Council for review. Regional housebuilder Banks Homes is looking to develop a site to the east of Gateforth Lane in Hambleton, which has been identified as a proposed housing allocation in the emerging Selby Local Plan. The development would include 65 private and affordable homes of different sizes and types, including bungalows, and would see an electric vehicle charging point installed at every new home. If the development goes ahead, more than 30 jobs would be directly supported during its construction, with a further 45 jobs indirectly supported by the project. A range of contract opportunities would also be made available to businesses in the surrounding area in line with Banks’ longstanding policy of using local suppliers wherever possible. New wildlife habitats would be created around the development to encourage and enhance local biodiversity, along with areas of public open space. Kate Culverhouse, community relations manager at the Banks Group, says: “This site has been identified as suitable for housing in the emerging Selby Local Plan and would help to meet the clear and increasingly pressing need to increase the supply of quality homes in the area. “The number of nearby services and amenities and the ease of access to larger town centres via public transport makes it a wholly-suitable location for development, while the provision of private and affordable homes will give more local people and families a greater opportunity to stay in the village. “We are very pleased to be reaching this key stage of the planning process and hope the members of North Yorkshire Council’s planning committee will look favourably on this high-quality development when it comes before them.”

Leeds monitoring and surveying businesses acquired by SOCOTEC UK

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SOCOTEC UK, a provider of testing, inspection, and certification (TIC) services for the construction and infrastructure sectors, has acquired Leeds firms IETG, specialists in flow level, temperature, and water quality monitoring, and 40SEVEN, renowned for their expertise in land and utility surveying services. This strategic acquisition, with a combined workforce of 160 professionals and a revenue of £13m, significantly enhances SOCOTEC UK’s service portfolio and extends its geographic reach. The total turnover of SOCOTEC UK now stands at £200m. Nicolas Detchepare, CEO of SOCOTEC UK, said: “The acquisitions of IETG and 40SEVEN reinforce and diversify our existing environmental division. With the addition of remote monitoring capabilities, we are now the leading provider in the UK, supporting our clients in complying with the rigorous legislation established by the Environmental Act. “This acquisition solidifies SOCOTEC’s position as a leader in remote monitoring and advanced geospatial solutions within Infrastructure, Utilities, Environment, and Construction. The acquisition supports our ambition to become the leading integrated player in the UK, helping businesses mitigate environmental impacts and build a more resilient, sustainable future.” Ian Edwards, Managing Director, IETG and 40SEVEN, said: “We can see fantastic opportunities ahead for IETG and 40Seven and after 7 years of investment support from Bentley O-S, at this crucial time, we needed strategic investment and size, matched by a similar culture and drive to achieve our goals and continued growth strategy. “SOCOTEC provides the ideal platform and seamless transition, whilst bringing a strategic mindset, strong covenant, credibility, financial strength, and support, and providing future opportunities for our staff to thrive and develop. We are excited and looking forward to the next stage of our journey within the SOCOTEC Group.” Herve Montjotin, CEO, SOCOTEC Group, continued: “There is a perfect operational and cultural fit between IETG / 40SEVEN and SOCOTEC UK. With this seasoned and cohesive team joining SOCOTEC, we will enlarge our service offering especially in the environmental field and confirm our leadership in the UK.”

New owner for the iconic Victoria Hotel in Robin Hood’s Bay

There’s a new owner at the iconic Victoria Hotel in Robin Hood’s Bay, after businessman Andrew Long added it to his expanding Loxley Collection hotel portfolio. The Victoria Hotel is in a spectacular clifftop location and the acquisition comes hot on the heels of the multi million pound refurbishment and transformation of the historic White Hart Hotel in Lincoln, which reopens its doors to guests on Monday 6th November. Andrew Long comments: “The Victoria is an iconic hotel which showcases the very best of the North Yorkshire Heritage Coast, with stunning views and a reputation to match. In due course we plan to undertake an elegant and sensitive refurbishment programme to ensure that the hotel retains its historic charm, whilst also sitting proudly alongside its sister hotels in The Loxley Collection. “As part of the acquisition, all of the highly valued hotel team have been retained and we can’t wait to take pride in our ownership of this coastal gem. My family and I are long-standing visitors to the North Yorkshire Coast, and we are excited to have the opportunity to shape part of its future.” The Victoria offers breath taking views of Robin Hood’s Bay, as well as sitting at the eastern end of the 190-mile Coast to Coast Path. It is also an ideal base for exploring the treasures of the North Yorkshire Moors National Park, along with renowned coastal locations such as Whitby, Scarborough, Runswick Bay and Staithes. The landmark hotel was built in the late Victorian era and featured in the Oscar-winning period movie, Phantom Thread, starring Sir Daniel Day Lewis. Andrew Long has also recently acquired the Judge’s Lodgings in Lincoln, to refurbish and redevelop, as well as owning the Polurrian on the Lizard, another spectacularly located hotel on the Lizard Peninsula, Cornwall, both of which are also part of the uniquely located and expanding Loxley Collection.

Little Mesters renovation brings life to Sheffield’s industrial spirit

Businesses and tradespeople from across Sheffield are bringing a Grade II* Listed former Little Mesters workshop back to life in the true spirit of its original occupants. RF Joinery, together with a trusted local supply chain, is carrying out transformative work on the historic Leah’s Yard in Sheffield City Centre. Leah’s Yard dates to the early 19th century and was once home to up to 18 Little Mesters workshops producing the finest cutlery, handles and silver stampers that helped to put Sheffield on the worldwide map. Now, as part of the £470m Heart of the City masterplan, the complex is being redeveloped with its original cobbled central courtyard surrounded by small boutique retail units. The first and second floors will host around 20 independent working studios bringing the building’s rich heritage back to life. Working on the historic project, together with new business opportunities arising from the prestigious appointment, has also been transformational for Sheffield-based RF Joinery. The business, which was founded in 2007, has seen turnover leap from under £1m to £6m. Initially, RF Joinery was appointed to bring the Cambridge Street building back to a safe and viable condition. This included structural work, roofing, repointing and new windows throughout. The business was then extended to complete the final phase of the project. “As a local SME contractor, the Leah’s Yard project has had a huge impact on our business,” said Director Paul Roberts, who runs the firm with business partner Ray Fowler. “We’ve delivered specialist public sector projects in the past such as re-roofing work at Sheffield’s Kelham Island Museum over the working steam engine. We’ve got a love for interesting projects and our unique expertise helped us win a very competitive contract process. “We have built up a team of multi-skilled people who are all so passionate about the project. “As a small, dedicated team, we can stay very flexible and provide real continuity on site, which is so important on these kinds of restoration projects. Heart of the City has been a game changer for us and taken us to a new level. We are thankful to Sheffield City Council for giving us the opportunity.” Seen as a key social and cultural anchor in Heart of the City – led by Sheffield City Council and its Strategic Development Partner, Queensberry, Leah’s Yard will also feature a complementary new-build structure to the southern side of the development, greatly improving pedestrian access. The sympathetic extension includes a sloped ramp for wheelchair and pram users, lift access and modern accessible toilet facilities that couldn’t be incorporated in the old building. Also working on the project is Masterfit based in Walkley. Together with RF Joinery they’ve installed 100 different types of heritage windows and even had to make special tooling to do the job. A staggering total of 2,500 panels of glass were hand-putty pointed using traditional linseed oil putty by the in house RFJ skilled team. Paul Roberts added: “Timber that was functionally sound had to be kept, regardless of appearance, and all but one of the five roofs re-uses the original roof trusses. “We even had to make one new truss on site but have reused all the previous bolts and bracketry. It looks brand new, but the bolts are centuries old. “The cobbles in the courtyard had to be removed one by one and the ground raised up, before all being re-laid again, providing improved level access whilst retaining the original historic values. “With a building like this, new problems and challenges occur every day. It has been almost a daily negotiation between the structural engineer and the conservation team – ensuring we find the balance between the heritage and character, versus modern building regulations.” Cllr Ben Miskell from Sheffield City Council believes the work of RF Joinery and their trusted supply chain of SMEs has been a real local effort and reflects the ethos of Leah’s Yard as a former Little Mesters space. “This is one of the reasons we invested in Heart of the City,” said Cllr Miskell. “Leah’s Yard brings the city’s rich history back to life and will be a stunning addition. But the impact goes beyond the aesthetic. Heart of the City is helping to stimulate economic activity in the region and helping companies like RF Joinery grow its supply chain and secure its future. “Leah’s Yard is a unique scheme which reflects Sheffield’s identity. It’s a fascinating blend of creativity, heritage, and historic and modern craftsmanship.” Once completed in the first half of 2024, the venue will be run by Tom Wolfenden, who manages the Cooper Buildings on Arundel Street, and James O’Hara, who runs acclaimed bars such as Public and Picture House Social. The duo plan to breathe new life into the site by transforming it into an experience-led destination for local independent retailers and businesses, creative workshops and social events. A bustling central public courtyard will be surrounded by small boutique shops, while the first and second floors will host around 20 independent working studios.

Two Sisters Food Group plans donation of a million meals in the run-up to Christmas

Food manufacturer 2 Sisters Food Group has signed up to a ground-breaking new partnership with customer M&S and Fareshare, the food charity, with plans to donate a million bespoke, targeted meals for those in need in the run-up to Christmas. In an industry first, the meals will be made and donated from three 2 Sisters’ factory locations across the UK to Fareshare directly. The meals have been prepared especially for this initiative and unlike previous schemes, do not come from surplus or waste, but have capitalised on under-utilised capacity in the 2 Sisters network. It’s estimated that 13 million people are facing food insecurity in the UK, a figure which has doubled in the last three years. With a history of making great tasting, quality food, 2 Sisters has worked with M&S and Fareshare to carefully select three of their most popular, seasonal ‘Eat Well’ products, which hold the M&S “gold standard” seal of approval for health and nutrition. The meals are made at 2 Sisters locations in South Wales (RF Brookes), Nottingham (Pizza Factory) and Grimsby (Recipe Dish). Ranjit Singh Boparan, founder and President of 2 Sisters Food Group, said: “We’re very proud to take the leading role in manufacturing and donating meals for our partners M&S and Fareshare. “Never before has helping to feed everyone in need with a nutritious meal been so important, and it’s very pleasing to see retailers, manufacturers and our supplier partners coming together to help make this possible. “This powerful alliance and the goodwill of organisations for their flexibility, generosity in giving time and resource has made all this possible, and I applaud everyone for their efforts. “This has happened against a backdrop in recent years where waste and surplus efficiency gains in food manufacturing have improved beyond measure, so it’s especially gratifying for us to use under-utilised capacity in our network and work with our supplier partners so we can donate bespoke, targeted products that will benefit those that need it most.” Alex Freudmann, Managing Director of M&S Food, added: “Making great quality, delicious and nutritious food is what we do at M&S Food and its hugely important to me that we make this as accessible to as many families as possible. So I am hugely proud that we are coming together with our supplier partners and supporting FareShare by flipping our mindset from using food that is too good to waste to innovating to use capacity that is too good to waste.” George Wright, CEO at FareShare, added: “We’re incredibly grateful for this support. Demand for our food has skyrocketed, and the 8,500 charities we provide food to have seen firsthand how more and more families and working people have been forced to seek help. Food insecurity, which currently effects one in four people, fuels both hunger and loneliness. The charities we support, which include homelessness shelters, afterschool clubs, and older people’s lunch clubs, will be working harder than ever this winter. We’re proud to be part of this partnership with M&S and 2 Sisters Food Group, helping get more food to people in need, strengthening communities across the UK.”  

Rushbond appoints new Chief Executive

Yorkshire-based property company Rushbond PLC has appointed Ian Ball as its new Chief Executive. Ball is a Chartered Surveyor by background and has strong banking and commercial experience having worked for a number of European private equity Real Estate funds in London and commercial banks in the regions. Most recently he was the Chief Operating Officer of Harworth Group plc between 2019 and 2022, responsible for the management of four regional offices across the North of England and the Midlands to deliver some of the UK’s biggest land regeneration schemes alongside its commercial investment portfolio. His appointment is a central part of the evolution of Rushbond’s strategy both to grow its business, including its development and investment portfolio, and continue to transform places and buildings. Jonathan Maud, chairman, said: “This is a significant appointment for Rushbond and a real statement of our intent to sustainably grow the business across Yorkshire. Ian’s depth of commercial experience and relationships, coupled with his rigorous analytical approach, will ensure that we will continue to deliver great places and strong returns as we’ve done for a number of decades.” Ian Ball, Chief Executive, added: “Opportunities to lead great businesses like Rushbond do not come about very often and I am thrilled to be part of a Yorkshire success story. I look forward to building on the company’s impressive track record in breathing new life into communities and cherished historic spaces across the region, ultimately creating great places that people want to live and work in.”

Beverley firm helps switch-on of world’s largest offshore wind farm

Beverley-based wind energy technical services provider Boston Energy has helped the world’s largest offshore wind farm generate its first power as part of the largest-ever single award in the offshore wind sector for technical manpower services,

The company is undertaking the onshore commissioning and completion, offshore mechanical and electrical completion and offshore commissioning elements of the Dogger Bank project for the wind farm’s turbine manufacturer GE Vernova. The Dogger Bank Wind Farm will be the world’s largest wind farm when operational, as it will be capable of powering up to six million UK homes. First power was achieved at Dogger Bank in early October, with the first 277 turbines installed. Each rotation of a turbine can produce enough clean energy to power an average home for two days. Located between 130km and 190km off the North East coast of England at their nearest points, each of the three phases, A, B and C, will have an installed generation capacity of 1.2GW based on GE Vernova’s Haliade-X wind turbine platform. Boston Energy has been awarded major multi-million pound contracts to support the installation programme, representing the largest-ever single award in the offshore wind sector for technical manpower services, and cementing Boston Energy’s position as the pre-eminent supplier in this field. At full scope, there will be in excess of 190 highly-skilled individuals on the project, all of whom will be UK based. Nathan Fahey, Project Director at GE Vernova, said: We have been working with Boston Energy since the contract award for offshore commissioning of the Dogger Bank Wind Farm and I’m really pleased to have them as a trusted partner as we move into the operational phase of the project. “I trust the team will deliver the expected results, at the quality and execution standards we want to provide to our customer. “We are very much looking forward to working with Boston Energy to help us deliver this fantastic project utilising our Haliade-X turbines. Delivering this project will significantly enhance the UK’s net zero ambitions and help make a substantial dent in CO2 emissions.” Roles provided by Boston Energy for Dogger Bank include commissioning supervisors and technicians, vessel administrators, mechanical and electrical technicians and rope access technicians. Boston Energy is committed to supporting local employment, with more than 50 onshore workers and 90 offshore workers – plus an office team of seven – being employed in the North East and Teesside area. Boston Energy has provided high-quality services to the global wind industry, working onshore and offshore, since 2012, with experienced teams across the globe working under a one-team approach to provide on-time, in-depth support to reduce turbine downtime and maximise efficiency on site. With an already wide range of services including pre-assembly, construction and commissioning, service and maintenance, major correctives, blade works and technical training, Boston Energy is continuously expanding its offering to support clients’ requirements, with recent additions including heavy lift (MCE) and high voltage. Having successfully delivered more than 100 projects across the UK, Europe, North America, and Taiwan in that time, Dogger Bank Wind Farm is the latest project added to Boston Energy’s portfolio. Julian Cattermole, CEO of Boston Energy, said: “We’re thrilled that GE Vernova have entrusted us to deliver the onshore and offshore commissioning of this truly exciting, and transformative project. “GE has recognised that Boston Energy has a very strong track record of delivering exceptional quality on its projects as well as ensuring it delivers to budget and to the highest safety and environmental standards. “We now need to get on and deliver to those same exacting standards that GE Vernova expects.”

Contractor appointed for makeover of former church in Scunthorpe

North Lincolnshire Council has appointed Burnley-based UK Restoration Services to undertake a dramatic makeover of St John’s Church – one of Scunthorpe’s most historic landmarks. Using Government cash from the Towns Fund, UK Restoration Services will carry out extensive repairs to the Grade II listed building, paving the way for the development of Discover, a science and technology centre containing hands-on experiences that complement the venue’s arts and heritage exhibitions. With the contractor now appointed, specialist repairs will take place at St. John’s Church in the coming weeks – including the rebuilding of roofs as well as the descaling, cleaning and repointing of stonework – with many of the church’s original features restored or renewed. UK Restoration Services Director Phil Braithwaite said: “The project has an excellent team with a wealth of knowledge to deliver this project to the highest standard. There will also be opportunities for local employment.” Cllr Rob Waltham, leader, North Lincolnshire Council and Towns Fund Board Member, said: “I am delighted that the Board has been able to appoint UK Restoration Services to kickstart this transformation. It is great news that the makeover will create jobs too. “High streets up and down the country need to adapt, and Scunthorpe is no exception. Retail will always form an important part of any town centre and this will not change, but we also need to drive footfall by bringing in exciting new experiences people cannot find anywhere else. “That is where Discover comes in – its hands-on activities will spark the curiosity of our young people, attracting more families into the heart of the town.” The transformation of St. John’s Church comes on top of the construction of Scunthorpe’s Enterprise and Innovation Hub, which continues at pace. Last month Towns Fund Board members visited the landmark build to see the last brick being laid to the 46-unit accommodation block. When completed, the ambitious build will provide more than 27,000 sq feet of premium office and collaborative space up to 200 workers, and a licensed café bar, as well as the accommodation. Cllr John Davison, cabinet member for safer, stronger communities, Scunthorpe, Ashby and Bottesford, said: “St. John’s Church has been at the heart of the community for more than 130 years – many residents celebrated their marriage here – so it is only right we protect this historic asset for many more years. “We are not just preserving the building though; we want to go further and bring it a new lease of life. We hope the new Discover centre will inspire many more families to enjoy this amazing place.” The makeover is part of more than £80m of Government funding which has backed the council’s plans for creating a new future in North Lincolnshire. This includes cash for roads, new motorway junctions, enabling people to develop their skills and supporting communities.

Finances for almost 40,000 firms reach critical levels, report reveals

Almost 40,000 UK companies are in a critical financial situation as the pressure of higher interest rates, resilient inflation and weaker consumer confidence take their toll, according to the latest Begbies Traynor “Red Flag Alert” report. The report, now in its fifteenth year, says these pressures are now clearly being seen beyond consumer facing sectors and are becoming widespread, particularly within the construction and property sectors. Julie Palmer, Partner at Begbies Traynor, said: “Tens of thousands of British companies are now in financial dire straits now that the era of cheap money is firmly behind us. “Businesses that had loaded up on debt at rock-bottom rates, and were only able to cling on during the pandemic thanks to Government support, must now deal with a financial reality check as higher interest rates hit working capital for the foreseeable future. “Taken together with stubbornly high inflation and weak consumer confidence, many of these businesses will inevitably head towards failure. “The construction industry, which has long been a bellwether for the health of the economy, looks particularly vulnerable with over 70,000 firms now in significant financial distress and circa 6,000 in much more serious critical financial distress – often a precursor to formal insolvency. “These businesses must now struggle through a period of inflation-eroded margins, weak demand and a looming recession. It is likely to be an insurmountable task for many. “This latest data highlights how the debt storm, which has been brewing for years, but had been held off by several measures to provide breathing space for companies, may very well break. Something that will send shockwaves through the whole economy.” With many UK companies accustomed to years of near zero interest rates and access to Government-backed Covid support loans, the new world of elevated interest rates will continue to push many businesses the very edge of failure. Evidence of the stress in the UK economy can be seen in the rapid quarter-on-quarter growth in the number of companies in critical financial distress, up 24.9% to 37,722. The sectors driving this increase were the Construction, Real Estate & Property Services and Support Services, up 46%, 38% and 28% respectively. The Construction and Real Estate companies now account for almost 30% of all companies in critical financial distress as the slowdown in the residential housing market continues to bite. Rises in the retail sector, with Food & Drug Retailers up 33% and General Retailers up 14% quarter on quarter also contributed to the overall uplift in critical financial distress. Additionally, it says, there has also been a marked acceleration in the number of companies experiencing significant financial distress with 478,176 businesses now affected, up 8.7% on the prior quarter (Q2 2023: 439,815). The Construction and Support Services sectors accounted for nearly 50% of the quarter-on-quarter rise, as they were up by 17.4% or 10,741 companies, and 11.1% or 7,584 companies, respectively.  

Farmers and landowners to get more help with tree planting schemes

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Updates to the England Woodland Creation Offer and Countryside Stewardship schemes will give land managers more flexibility and financial security. Significant funding improvements to the biggest land management schemes for forestry – the England Woodland Creation Offer and Countryside Stewardship – have been announced by Defra and the Forestry Commission.  The changes are designed help drive tree planting rates across the country and to support farmers and landowners to grow more trees. The key changes will see an increase in funding for land managers and farmers, helping to support the creation of more resilient and better managed woodland; maintenance payments increased to 15 years; and an increase in the timeframe for capital works from two to three years. Forestry Commission Chairman Sir William Worsley said: “As woodland creation increases across the country we want to make sure the trees we do plant are well managed and resilient against future threats such as climate change or tree pests and diseases. It’s vital that once planted, new woodlands are well looked after. “We’ve listened to sector feedback on payment rates and timescales.  The changes brought in today will give land managers two seasons to complete the planting and give longer term financial support to manage woodlands in the important early years of establishment.  This will play an essential part in creating resilient forests and woodlands which improve our natural environment, help meet net zero carbon emissions, provide a sustainable source of home-grown timber and boost people’s health and wellbeing.” The government has set stretching targets to increase tree canopy and woodland cover in England to 16.5% by 2050. Today’s changes will help get more trees in the ground at speed and will play an important role in halting nature’s decline by 2030 and meeting net zero emissions by 2050. Tree planting will also play a vital role in achieving wider priorities including improving water quality, reducing flooding, creating green jobs and better connecting people with nature.