Hull’s Springfield Solutions acquired by global group
All4Labels Global Packaging Group is continuing its global growth strategy through its acquisition of Hull-based Springfield Solutions, a supplier of digital packaging assets to some of the world’s leading brands.
The company will become a subsidiary of the All4Labels Group. Terms and conditions of the transaction were not disclosed.
With this transaction, All4Labels continues its strategy of building a leading business unit in the United Kingdom, which started with the acquisition of Olympus Print Group (All4Labels UK Leeds Ltd.) as its first subsidiary in Leeds over a year ago.
Dr. Günther Weymans, All4Labels’ COO, said: “We are happy to welcome the entire Springfield Solutions team as new members of the All4Labels Global Packaging Group.
“We believe that Springfield Solutions with their vision to be a world leader in the supply of innovative and sustainable digital packaging assets complements our digital business perfectly.
“With both our sites in the UK All4Labels will now be able to offer a wider range of products and services to an even broader range of customers both locally and on an international level. Finally, I would like to thank all parties involved for their trust and valuable support in this project.”
The Springfield Solutions owners and management team will continue to manage the business.
Matt Dass, Managing Director of Springfield Solutions, said: “We are extremely excited to join the All4Labels Global Packaging Group, from our very first discussion it was clear that our vision, mission and values are completely aligned.
“Partnering with All4Labels and its packaging design unit All4Graphics will accelerate our joint vision of being the World Leader in the Supply of Sustainable, Digital Packaging Assets.”
The founder of Springfield Solutions, Albert Dass, added: “Since starting the company nearly 50 years ago, it has been a life’s ambition to pioneer the way print and packaging is produced, with digital being at the core of everything we do. Joining the All4Labels Group will ensure we continue to do this for the next 50 years.”
Warwick Ward makes the move to employee ownership
Barnsley-headquartered Warwick Ward has joined an ever increasing list of UK companies to make the transition to being Employee Owned.
Owners Ashley and Matthew Ward, as part of their long-term succession planning strategy, have sold a majority of their shares to a newly formed EOT (employee owned trust) Warwick Ward EOT Ltd.
Warwick Ward was founded in 1970 and has grown into one of the largest stockists and suppliers of new and used earthmoving and waste recycling equipment, and spare parts in Europe.
Ashley Ward, joint Managing Director at Warwick Ward, said: “This is an incredibly exciting new chapter for Warwick Ward (machinery) Ltd as we approach our 54th year of trading.
“Over the past 6 years or so my brother and I have been working on a succession plan for the future of the business and after a lot of research and consideration we feel that the EOT model is a perfect fit for both the business, our brand partners and for ourselves.
“It provides motivation for the staff, stability and continuity and ensures the legacy of Warwick Ward continues in the way we want it to.
“It’s important to say that this will be a gradual transition with Matt and myself still involved in the business.
“Over a substantial period of time, we have worked hard to put in place a fantastic senior leadership team in Simon Causier (commercial director), Matthew Godhard (operations director) and Russell Holmes (finance director) who are pivotal and responsible for the day to day running of the business.
“Matt and I continue to work closely with the senior team during this transition.
“The EOT model is incredibly exciting and motivational for all our driven and dedicated team as they are now all employee owners in the business, have representation on the trust board and will profit individually from the future success of the company.”
Simon Causier, commercial director at Warwick Ward, said: “Having now been part of the management team for the last 15 years, it has been fantastic to have been part of the exciting and successful journey that the company has been on over that period.
“The way the business has evolved and grown over recent times has been phenomenal and I think everyone at Warwick Ward has a huge amount of pride in the company and utmost respect for Matt and Ashley and how they have strategically shaped the business since taking over from their father 23 years ago.
“The transition to being an EOT is a fantastic and exciting opportunity for all the staff and senior management team to now play a pivotal role in the future success and continued growth of Warwick Ward and we are all thrilled at the opportunities that lie ahead.”
University runs first ever entrepreneur exchange
The University of York has held its first ever entrepreneur exchange in Greece – helping three businesses from North Yorkshire create potential overseas investment opportunities.
Enterprise Works, the University’s small business hub, led the exchange which saw the three business leaders head to Thessaloniki for the networking event.
Thessaloniki, the second largest city in Greece, boasts a population of 1.2 million. Situated in the heart of the Balkan Peninsula in SE Europe, it is the home of CITY College, University of York Europe Campus, part of the University of York community since 2021.
Utilising the local knowledge and links by the University and CITY College, University of York Europe Campus, the entrepreneurs were given an expert introduction to the local markets and 1-2-1 meetings with a range of relevant local businesses.
They also attended the European Business Angels Network annual congress, held in Thessaloniki, where they accessed a range of specialist investment advice and access to the business community.
The exchange, which was organised through CITY College, University of York Europe Campus, based in Thessaloniki, saw Nature’s Laboratory, TestCard and Asclepius Healthcare, take part in the three-day event.
TestCard is a digital platform technology company based in Scarborough that allows accurate reading, recording, and reporting of medical test results. Asclepius Healthcare, based in Wetherby, provides an innovative solution to improve the quality of surgical care through better risk stratification and enhanced postoperative monitoring. Nature’s Laboratory, based in Scarborough, develop sustainable and effective natural medicines, including plant medicines, bee medicines and skincare.Julie Macey-Hewitt, operations manager at TestCard, said: “As an ambitious company with a strong growth record, we were delighted to be selected to join this exchange. The existing in-country links meant that we could engage with a number of major potential-client companies, build relationships and expand our investor opportunities.
“It’s so valuable to regional businesses to have the University playing an active role in supporting small business and using its global links to create growth opportunities.”
Director of Enterprise Works, Sam Gardner, said: “Enterprise Works’ role is to create opportunities for anyone, from any community, to be entrepreneurial – whether that’s in their own community, through a charity, or in starting and growing a business.
“We’re delighted to be able to use the University’s strong global links to support our region’s entrepreneurs and look forward to building links with the thriving business community in Thessaloniki and the South East European region.”
Pro-Vice-Chancellor for Partnerships and Engagement, Prof Kiran Trehan, said: “We are building strong, collaborative partnerships in York and around the world.
“By promoting collaboration beyond disciplinary boundaries, and with diverse people and entities from across society, for and with our local and business community we can create a thriving local economy that retains talent in the region, and enables global competitiveness.”
There will be a continuing relationship between the University and the entrepreneurs, who will be sharing their expertise, stories and experience with the student and local entrepreneurial communities. Given the success of this pilot programme the university is exploring opportunities to provide a similar venture to Greece, and with other global partners next year.
Logistics platform acquires Tuffnells out of administration
Shift, a UK-based logistics platform, has acquired Tuffnells out of administration via an asset purchase of its IP, brand and selected assets, for an undisclosed amount.
Tuffnells, one of the UK’s largest delivery firms, was placed into administration on 12 June 2023 with the loss of more than 2,000 jobs, after it failed to successfully navigate a number of pressures which impacted trading, including Covid, high cost inflation, and an increasingly competitive market.
Rick Harrison and Howard Smith from Interpath Advisory were appointed joint administrators to Tuffnells.
Headquartered in Sheffield and with 33 depots across the UK, privately-owned Tuffnells specialises in the distribution of mixed freight and handling items of irregular dimension and weight (IDW) throughout the UK. For the year ending 31 December 2021, Tuffnells generated revenue of £178.1 million, with an operating profit of £2.3 million, 24% higher than the previous year.
Shift is a British-based technology company with global ambition. Founded in 2017 by Jacob Corlett, Chief Executive Officer, the company is transforming the delivery and logistics industry through its tech-based platform, creating an on-demand delivery marketplace.
Jacob Corlett, CEO of Shift, said: “We are delighted to announce today that we have acquired Tuffnells out of administration and we are in the process of incorporating the business into our tech-based logistics platform.
“Tuffnells is one of the UK’s most recognisable logistics companies, which provides delivery services to over 4,000 businesses across the UK and this acquisition will significantly increase our logistics coverage across the country.
“The acquisition supports our vision for Shift’s tech-driven logistics platform to disrupt both consumer and business logistics, through cutting edge AI driven routing decisions and driver management efficiency. We are also currently in dialogue with relevant parties to enable us to reopen some depots and provide re-employment opportunities.”
Richard Harrison, Managing Director at Interpath Advisory and joint administrator, said: “We are pleased to have concluded this transaction which secures the future of one of the UK’s longest standing and well-recognised courier brands, as well helping to facilitate an opportunity for the purchaser to generate a number of jobs.
“I would like to take this opportunity to thank all the employees and other stakeholders who have supported us throughout the administration process to date.”
Business Leaders discuss what’s needed to drive Hull’s regeneration
Business leaders have discussed what’s needed to drive the regeneration of the UK during a meeting with shadow business secretary Jonathan Reynolds in Hull.
The head of one of East Yorkshire’s leading SMEs said his organisation is eager to see a change of government at the next general election having thrived under previous Labour governments and now feeling let down by empty promises of levelling up.
Gerard Toplass, another key figure as group CEO of The 55 Group, hosted the visit at the headquarters in the Old Town of Hull. He said he was impressed with Mr Reynolds’ commitment to work with businesses to rebuild Britain.
Accompanied by Hull West and Hessle MP Emma Hardy, Mr Reynolds welcomed nearly 20 corporate heavyweights and leaders of business organisations to a lunch and later returned to Bar 55 to meet some of the rising stars of the regional business community.
He also visited Centres for Digital Innovation, set up in Hull’s Fruit Market areas as a group of incubators to help tech companies grow and traditional businesses innovate.
Mr Reynolds said: “I have one of the most interesting jobs in the shadow government, having the chance to visit any business in the country working on Labour’s economic policies.
“It’s been fantastic visiting Hull and you have so much to be proud of here with carbon capture and storage and companies working on technology to measure how people are heating their homes.
“My job is to listen and learn and try to put forward policies that will help. I can’t run people’s businesses for them but hopefully I can influence the business environment in which they work.”
He told the young entrepreneurs: “You are going to live through a time of incredible change and incredible opportunity. You should not be nostalgic for the past but you should seek to want to make the most of the changes. Many of the big economic and social problems we face are the result of not handling change well.
“The deal that younger people in the UK have right now compared to previous generations is a far less attractive one. We need to engage with younger people in the political system and appeal for people of all ages to care about the political system.”
Planning permissions secured for ground-breaking renewable-focused hub
Planning has been granted for Projekt Renewable to land in Grimsby. Supported by myenergi, RWE Renewables UK and the Town Deal, phase one of this ground-breaking scheme promises not only to celebrate the opportunities presented by sustainable energy production in the area and be a catalyst for the green economic regeneration of the town but also to bridge the gap between industry and community with a summer offering for everyone to enjoy.
With the aim of bringing together Grimsby’s celebrated small businesses this summer in a pop-up style programme of events, Projekt Renewable will ensure this hub of discovery is the centre of attention during the coast’s high season this year.
An immersive educational and cultural destination, Projekt Renewable will be landing – quite literally – in Alexandra Dock within a matter of weeks.
Projekt director, Richard Askam, added: “It’s taken two years of hard work to get to this stage and now, over the next weeks, we’ll bring Phase One of Projekt Renewable to life. Designed to allow everyone to see and hear the opportunity that already exists in our area but is still largely hidden.
“It’s time to write the next chapter in Grimsby’s history, and that is as a world leader in renewable energy. A huge thank you goes out to everyone that has been involved and supported so far, especially Richard Dowson who has been instrumental in getting Projekt off the ground.”
North East Lincolnshire Council leader, Cllr Philip Jackson, said: “On behalf of everyone at the council, I would like to thank all the individuals and partners who have had the vision and determination to make Projekt Renewable a reality.
“The success of our young people will define North East Lincolnshire’s future and we need them to see the opportunities that are on their doorsteps and be inspired to take those opportunities. Projekt Renewable will do just that.”
The driving force behind the delivery of Projekt Renewable is WhiteCrate – the container architecture design and production company – having successfully delivered many projects, pushing the boundaries and perceptions of the humble shipping container and creating destinations and spaces, throughout the UK and Europe; including innovative markets in Altrincham and Wolverhampton, Hatch in Manchester and even the Fan Park at Liverpool FC.
And while residents and visitors are being urged to soak up the summer programme, local music and pop-up food and drinks vendors that appear, Jon Flowerdew, Managing Director at WhiteCrate Ltd, explains that this is the tip of the iceberg when it comes to the goals, they have set for Projekt Renewable.
“WhiteCrate is incredibly proud to be delivering this transformative regeneration project in Grimsby, as we work together to create a vibrant new destination,” said Jon. “It is a testament to the vision and dedication of all involved that we are shaping a future where communities can thrive, and where Grimsby can shine a light on its thriving renewable energy industry and the opportunities it creates for the region and the UK.
“This project represents WhiteCrate’s commitment to revitalising urban spaces, fostering economic growth, and creating a lasting legacy and destination that will benefit generations to come.”
The first step in a phased destination project, created to inspire young minds and the local community, the launch and summer programme are just the beginning of what will be an ever-evolving narrative.
Emma Brigginshaw, Head of Sustainability and Ethics at myenergi, said: “At myenergi, we are focused on removing the barriers to a greener future. Our mission is a commitment to pioneering a simple transition to renewable energy, so we are passionate about showcasing the benefits of renewable energy and showing people how they can harness these benefits for themselves, to gain greater energy independence.
“We are proud to support Projekt Renewable, which will not only help educate and inspire future talent and the local community but thanks to its facilities, will be able to share this message with a much bigger audience nationwide.”
Guy Middleton, General Manager for the RWE Grimsby Hub, added: “As a founding patron of Projekt Renewable, we are delighted to have reached this important milestone for the project.
“Projekt Renewable is such an important resource for the local region and the wider renewables industry and we are so excited to be a part of it! It is vital that we can demonstrate what the renewables industry has to offer the younger generation and encourage them to consider roles in our industry if we are going to meet our net zero targets.”
Chloe McKeown, Social Media and Marketing Manager at Mockingbird Street Food, said: “This project is something Mockingbird would love to wholeheartedly champion. A celebration of both Grimsby’s rich history and its exciting future within the renewable energy industry, we love the community focus at the core of Projekt Renewable.
“As a company, Mockingbird are fully committed to all things ‘Great Grimsby’ and it’s fantastic to see the plans in place to raise youth aspirations within Grimsby and beyond, which will without doubt inspire the next generation of very proud, successful Grimbarians.
“The message that Grimsby and its surrounding areas are cool and accessible, but also aspirational is something we try to regularly promote as part of our brand ethos, and something we are delighted that Projekt Renewable shares.”
The team and patrons supporting Projekt Renewable aim to bring emerging careers in renewables to life with an immersive experience that the community and schools can get deeply involved with. VR experiences and hands-on demonstrations of the jobs available in the Humber ‘energy estuary’ will be housed in the trio of containers, which will also function as workspaces for local businesses and creatives.
The Projekt team is also looking to launch their own Projekt-podcast utilising the on-site studio. Hosted by Richard Askam in the first instance, the podcast will shine a light on those already invested and working within the renewables sector and also showcase how the local community can create user-generated content, powerful in its own right, allowing the people to ‘own’ the space and connect with it on a deeper level.
Officially supported by the home-grown talent that is to be found at RWE Renewables UK, myenergi, North East Lincolnshire Council, the Crown Estate, WhiteCrate, Forrester Boyd, Wilkin Chapman, Knapton Wright, Docks Academy and Mockingbird, the collective vision is for Projekt Renewable to gain national significance.
With the ability to beam into primary and secondary schools and further and higher education establishments up and down the country, but starting with the local area, Projekt Renewable plans on using hand-picked experts in the purpose-built dedicated studio to create their own PRG Studio Content.
Bursting with relevant but exciting content and connecting with schools throughout the full academic year, Projekt Renewable will be bringing the renewables industry alive for school children and the younger generation, educating with purpose and creating UK homegrown talent and the next generation of renewable energy experts.
Leeds opens consultation on plans for George Street beside Kirkgate Market
Businesses in Leeds are being encouraged to help shape ambitious plans for the regeneration of the George Street side of the city centre’s historic Kirkgate Market.
Leeds City Council is hoping to replace a row of vacant low-rise buildings on George Street with a six-storey development that would include a 143-room hotel as well as a state-of-the-art gym and new commercial units.
Initial proposals for the scheme have been considered by the council’s city plans panel and a community consultation has now been launched so that businesses, residents, and other stakeholders get the best possible opportunity to have their say on the project.
The results of the consultation – which runs until July 7 – will be used to help fine-tune a full planning application that is due for submission in the coming weeks.
Councillor Jonathan Pryor, Leeds City Council’s executive member for economy, culture and education, said: “Leeds Kirkgate Market is a much-loved landmark for the people of our city, and we’re determined to give it a future that is every bit as bright as its past.
“This exciting project would help us do exactly that, not only by creating a new gateway to the market from George Street but also by improving the attractiveness and vibrancy of the area as a whole.
“We would encourage as many people as possible to get involved with the consultation and play their part in making the scheme a success.”
The new development would complement the ongoing transformation of the area around the market, which is home to the Victoria Gate retail destination and other key sites such as the refurbished Leeds Playhouse and Leeds City College’s Quarry Hill campus.
The project is also seen as a way of driving further footfall into the market, which is already attracting more than 400,000 visitors a month after benefiting from a multi-million pound investment programme.
The scheme would be developed by the council, with the hotel element being run by a nationally-recognised operator.
Its gym, meanwhile, would be run by the council, improving the local ‘fitness offer’ for people living in both the city centre and nearby communities.
The development would create about 50 new full and part-time jobs once operational, with around 80 jobs being supported during construction.
Clifton Business Park ambitions take step forward
Calderdale Council is progressing its longstanding ambition to transform a large site in Clifton into a thriving business park, to create 1,300 jobs and major benefits for Calderdale and West Yorkshire.
In line with the Council’s priority for thriving towns and places, the proposed Clifton Business Park would support economic growth, bring opportunities for local people and businesses, and build on the significant level of aspiration in Calderdale.
The Council has been seeking funds to make the land viable for sustainable development. Following unsuccessful bids for the Government’s Levelling Up Fund grants, the Council has now launched a tender to potentially bring a specialist developer on board as a partner with expertise to ensure the delivery of commercial units at Clifton Business Park.
If the tender process results in a suitable joint venture, the developer would work alongside the Council to finance and manage the design, planning, construction and marketing of the scheme. They would work together to explore ways to maximise the value of the scheme and combine their individual expertise to deliver maximum benefit to local and regional businesses.
The Council remains confident in the potential of Clifton Business Park because undeveloped new employment land of this scale, with its vast range of distinctive qualities, is rare. The site already has planning permission, there is high demand from businesses to locate there, and it’s close to the M62. There is also a strong local workforce and Brighouse town centre nearby. As an Enterprise Zone, Clifton could be transformational, making a large impact across the entire borough and West Yorkshire region. Enterprise Zones are designated areas aimed at new and expanding firms that provide tax breaks and Government support.
Cllr Jane Scullion, Calderdale Council’s leader, said: “We want people to feel pride in the place where they live and do business, and a key part of this is the Council’s commitment to support all parts of Calderdale to thrive. We also want to build on our borough’s strong contribution to the wider West Yorkshire economy.
“The proposed Clifton Business Park – a major regeneration project – aims to do just that. It’s an example of our ambition for Calderdale, and our aim to make things happen in line with our Vision 2024 for Calderdale and the Local Plan.
“The site has the potential to create 1,300 high-quality new jobs for Calderdale and West Yorkshire, attract significant investment and new businesses into Brighouse, support our inclusive economic recovery through sustainable development, and add to local climate action through new walking and cycling routes, trees and plants.
“So, we’re being bold and saying Clifton is worth investing in. We’re determined to make the Business Park a reality through an enterprising new route, exploring the option of bringing in an external partner with expertise in moving sites like this forward.”
Work will progress throughout the year to consider tender responses and confirm whether a joint venture is appropriate. Reports about the next steps and funding requirements for Clifton will be discussed by Cabinet and Full Council in early 2024.
Duo of Yorkshire industrial assets sold for £16.1m
AEW UK REIT has sold two industrial assets in Yorkshire for £16.1m.
Euroway Trading Estate in Bradford has been purchased for £6.45m after being acquired in November 2016 for £4.95m.
At acquisition, the property benefitted from a new eight-year term certain to Advanced Supply Chain (BFD) Ltd. In December 2019, the company completed a rent review which resulted in a 9.1% annual rental uplift.
Lockwood Court in Leeds was sold for £9.65m after being acquired in February 2019 for £7.32m. The property was acquired with the benefit of a new 10-year lease to L.W.S. (Yorkshire) Ltd, guaranteed by Harrogate Spring Water. In December 2019, AEWU secured a new 10-year lease to Harrogate Spring Water, following L.W.S. entering into liquidation.
Laura Elkin, portfolio manager, AEW UK REIT plc, said: “Both Euroway Trading Estate and Lockwood Court have performed well, delivering strong returns to AEWU shareholders since acquisition.
“The value creation through strong performance of the Yorkshire industrial markets, coupled with our successful asset management initiatives, presented an opportunity to crystallise capital growth and reinvest the sales proceeds into higher yielding opportunities. As such, we expect to make further purchase announcements in the coming months.”
Yorkshire Water signs ten-year renewable power deal with Shell Energy
Yorkshire Water has entered into a 10-year power purchase agreement with Shell Energy Europe Limited to buy renewable energy generated by the Thanet and Dogger Bank offshore wind farms.
Shell has offtake agreements with both Dogger Bank and Thanet, will supply Yorkshire Water with approximately 16% of its electricity needs, from October 2023.
Situated off the coast of Kent, Thanet’s 100 wind turbines have an operational installed capacity of 300 megawatts Dogger Bank is situated off the north-east coast of England. When fully operational it will be one of the largest wind farms in the world with an installed capacity of 3,600 MW.
Dan Oxley, Yorkshire Water commercial programme manager, said: “Our ambition is to use less energy and procure more renewable energy to help us achieve our net-zero emissions goal and this deal with Shell Energy aligns with our sustainability targets.
“It takes a significant amount of energy to keep taps flowing and toilets flushing, and energy is one of our largest operational costs. This 10-year deal will help protect us from volatility in the energy market, which we have seen in recent years. Ultimately, partnerships such as this will help to reduce our costs and provide better value for the people of Yorkshire.”
Rupen Tanna, head of power at Shell Energy Europe Limited, said: “Shell Energy Europe offers a range of clean power solutions to help customers reduce their carbon emissions and we are pleased to support Yorkshire Water in decarbonising their operations through our growing portfolio of renewable energy supply.”
Goole business could share in £4m to spruce up town centre premises
The Goole Town Deal programme has launched a £4million Property Activation Fund grant scheme to encourage developers, property owners, and tenants to make improvements to buildings in Goole town centre and bring empty or under-used sites back into use.
The Property Activation Fund aims to make the town centre a more attractive and appealing place to invest in and do business by restoring, refurbishing and, ultimately, reinventing buildings that are empty, under used or in a poor state of repair. A total of £4.175 million is available to help transform buildings and sites within the town centre and will be allocated to applicants in three different size brackets – small (up to £20,000); medium (£20,000 to £314,999); and large (above £315,000). Funding is available to businesses, charities, voluntary sector organisations, learning establishments and public sector organisations in several postcode areas within the town centre. Full details of the eligibility criteria is available in the Property Activation Fund Guidance Document, which will be made available to prospective applicants. More information is available via email to goolepaf@eastriding.gov.uk. They will then be able to complete an Expression of Interest form, outlining details of their business/organisation and the project that they’re seeking funding for. The information provided will be subject to a series of checks to ensure that the business and proposal are eligible. Once this has been confirmed, eligible applicants will then be invited to submit a full application, using the Guidance Document to help them. The Property Activation Fund team will also be attending and arranging further events in the Goole area during the coming months, details of which will be widely publicised to enable as many local property owners as possible to go along and find out more. Andrew Hewitt, Regeneration Project Manager at East Riding of Yorkshire Council, said: “There are two stages to the application process and the first of these is a really quick and simple Expression Of Interest stage. Eligible applicants will then be asked to submitted a full application, which will be appraised by the delivery team and then considered by the Property Activation Fund Investment Panel. Both stages of the application process can be completed via the council’s online Flexigrant Portal. “We’ll be looking to allocate grants of various sizes to sites and premises within the eligible postcode areas as part of our aim to regenerate Goole town centre, finding new uses for sites and creating new attractions to boost footfall and fuel economic growth.”Advertising creativity comes under the spotlight at Yorkshire event
Creativity in advertising will come under the spotlight next month when three Yorkshire digital agencies join forces for an event which is attracting industry colleagues and clients from across the region.
Hull-based 43 Clicks North will host the seventh edition of its Power Hour at Social in Humber Street, Hull, on Friday 7 July. Speakers will include Tom Berridge, the firm’s head of paid media, plus Dave Ellis, co-founder of Leeds-based Everything’s Fine, and Callum Devine, co-founder of cbsocial in Middlesbrough. Power Hour was launched by 43 Clicks North founder and MD Mike Ellis as a post-pandemic initiative to put top tech talent from East Yorkshire alongside some of the key players from bigger cities. Tom will pose the question “Is There Room For Creativity in PPC” and will outline how he uses data creatively to solve problems for clients and maximise results. Dave will discuss the work of his two-man remote design and motion studio that focuses on making things move, from explainer animations and social content to app demos and showreels. Callum, who specialises in Facebook and social ads, sees creativity as key to success and client performance for his firm’s work in Meta advertising and content creation. Mike said: “Numbers at Power Hour are increasing from one event to the next as we all work to bring together people from different agencies to build a digital community and develop skills in the sector across Yorkshire and the North. “Demand for this event is higher than ever but that’s not surprising because creativity really counts when times are hard and budgets are tight, and we’ve got three speakers who all work in advertising and have that at the heart of their skill set.” Power Hour is a free event and taks place at Social, Humber Street, Hull, at 1pm.Wood and Centrica Storage explore East Yorkshire low-carbon hydrogen production hub
Wood is working with Centrica Storage to evaluate the feasibility of transforming its Easington gas processing terminal to a low-carbon production hub. Centrica Storage has partnered with Equinor on this project to deliver hydrogen to the Humber region.
Based in East Yorkshire, the hub will be integrated with Centrica’s Rough field redevelopment, as well as the Easington Terminal’s hydrogen fuel switching project, both of which Wood is executing parallel studies for.
The development of the Easington low-carbon hub over the next ten years supports Centrica’s goal to achieve net zero by 2045. Hydrogen is a crucial element in achieving this target, as well as contributing to the UK’s net zero ambitions.
Wood will leverage its extensive experience in the hydrogen sector to evaluate development scenarios including both green and blue hydrogen production facilities and their associated offsites and utilities.
Dan Carter, president of decarbonisation at Wood, said: “This study is closely aligned with Wood’s strategy to focus on enabling our clients to decarbonise their operations and reach net zero through sustainable design. The creation of the Easington hub would provide secure low-carbon energy to the region, supporting the UK’s energy transition.
“We are delighted to continue working with Centrica Storage on the design of this facility, utilising our trusted technical experts, combined with decades of hydrogen experience.”
Martin Scargill, Centrica Storage Managing Director, said: “We are excited to continue our collaboration with Wood as we explore opportunities to fulfil our pledge of facilitating the UK’s transition to net zero, with our goal to establish 1GW+ of green and blue low carbon hydrogen at Easington in East Yorkshire.
“We entered into a co-operative agreement with Equinor in 2022 to develop low carbon hydrogen at Easington and as we progress through the design phase, we are building upon our strong and strategic partnership with Wood, whose extensive experience in the hydrogen sector is critical in developing and driving this project forward.”
Begbies Traynor Group firms move to new Leeds home at Wellington Place
Property group Eddisons and independent insolvency practitioner Begbies Traynor have relocated their Leeds offices to Wellington Place.
The two firms, part of Begbies Traynor Group, have taken the 7,100 sq ft second floor of 10 Wellington Place, which will be home to Eddisons’ head office and the Leeds office of the national insolvency specialist.
The two businesses employ more than 1,200 people nationally with around 100 staff alone working out of the Leeds office.
Eddisons managing partner Anthony Spencer said: “This is an exciting move to state-of-the-art offices for both Eddisons and Begbies Traynor and represents our joint commitment to Yorkshire, where Eddisons was first founded in 1851, and an investment in our people, as well as strengthening the relationship between the two firms.”
He added: “It’s a reflection of our change in priorities since Covid, and an emphasis on the wellbeing of our team, that we are actually taking less overall space than we had previously but it is more people-focused.”
Julian Pitts, regional managing partner for Begbies Traynor in Yorkshire, said: “This is a great move for both firms and 10 Wellington Place will be an inspiring city centre environment both for our own staff and our clients.
“While we have reduced the need for storage space, our new offices will have much improved staff welfare facilities, including a larger kitchen and more breakout spaces, embracing more modern ways of working and making this a welcoming and productive environment for our team.
“We believe these new offices located in this impressive new development, are a reflection of the ambition of the group and an important milestone, supporting our strategic growth plans and enabling us to better serve our clients.”
Three firms become Chamber Patrons in Yorkshire
Adams Foodservice, PIB Insurance and Arup have upgraded their membership of the membership West & North Yorkshire Chamber of Commerce.
Bradford-based Adams Foodservice is a family-run food and drink giant servicing the country’s hospitality trade, while PIB Insurance, in Leeds, is a national leader in its field. Finally, Arup, which employs hundreds of people in the region across its offices in Leeds and York, is a global collective of designers, consultants and experts with a focus on the built environment.
The developments come hot on the heels of Teesside International Airport becoming patrons earlier this year.
James Mason, chief executive of West & North Yorkshire Chamber, said:“The work these firms do is cutting edge and the firm is so well-respected in the region. We look forward to working with them even more closely as we strive to make the region everything it can be as a place to do business.”
Mohammed Kola, Finance Director at Adams Foodservice, said: “We are delighted to be a patron member of the West and North Yorkshire Chambers. We have already experienced the phenomenal work the Chamber does both nationally and internationally.
“As patron members we hope to add value by helping promote the growth of local businesses and the surrounding communities.”
Arup’s upgrade comes at an exciting time for the business as it prepares to relocate its Leeds offices to state-of-the-art new premises in the city’s Wellington Place development.
Tom Bridges, the firm’s Leeds and York Office leader said: “Arup’s vision is to collaborate with our clients and partners, using imagination, technology and rigour to shape a better world. That is why we are proud to be a patron member of the West and North Yorkshire Chamber.
“Our teams work with local businesses and regional partners across our City Regions to reshape and generate our communities, helping to influence a greener, healthier and more prosperous future for Yorkshire.”
A spokesperson for PIB Insurance said: “We are delighted to be patrons of West and North Yorkshire Chamber of Commerce.
“Supporting businesses at a local level is very important to us, as is the commitment of the Chamber in the region.
“We are pleased to be listed amongst other businesses and look forward to working with you all.”
Calls for Government action to prevent new EU rule crushing UK’s steel industry
Trade body UK Steel has warned that almost 23 million tonnes of non-EU steel could flood the UK, if the UK fails to introduce its own ‘Carbon Border Adjustment Mechanism’ at the same time as the EU.
The steel trade association says the UK Government must act swiftly to avoid crushing the UK steel industry when the EU brings in new import carbon costs in 2026.
Gareth Stace, Director General of UK Steel, said: “Over three times our annual steel consumption is at risk of being diverted from the EU to open markets like the UK, which could suffocate our domestic industry. By not acting now UK government will burst the dam, when high-emission, cheap steel floods the UK market while ruining our export opportunities at the same time.
“We need a UK Carbon Border Adjustment Mechanism to level the playing field on carbon costs across local and international suppliers. By having a competitive domestic steel industry, the UK can lead the way to Net Zero steelmaking. Steel is vital to the UK’s economic resilience, jobs and hitting Net Zero targets for the wider economy, and integral to green tech, transport and future housing.”
The Government has today closed its consultation on a UK CBAM. UK Steel’s new stats expose how 23 million tonnes of steel currently imported into the EU could be diverted from Europe and onto the UK market when the EU’s CBAM is put in place, if the UK has no equivalent. The UK uses only 9Mt of steel, meaning any imported, cheap and high-emission steel will be stacked in stock yards, undercutting local costs and devastating the domestic industry.
The main aim of a CBAM policy is to create a market for low-emission steel and help the industry decarbonise. Imported steel can undercut domestic production simply because most nations do not apply the high carbon costs to their steel industry.
The second blow would come from the restrictions to exports, as 75% of the UK steel industry’s exports totalling 2.55Mt of steel (£3.5bn in value) goes to European markets. This could face a trade barrier from the European CBAM from 2026, unless the UK moves forwards with its own UK CBAM.
By implementing its own Carbon Border Adjustment Mechanism, the UK removes a trade barrier to the steel industry’s biggest market, stops the risk of trade diversion in its tracks, and creates a market for low-carbon steel vital for UK plc’s Net Zero transition.
Nine in ten mid-sized businesses halting growth plans due to difficulty accessing capital
Difficulty accessing capital is forcing nine in 10 (91%) of mid-sized businesses to curb growth plans, according to the latest research from accounting and advisory firm BDO.
The bi-monthly survey of 500 leaders of medium-sized businesses, which looks at the challenges and opportunities facing UK companies, reveals nearly one in four (24%) are being forced to scale back the business or make redundancies as a result of difficulty accessing capital. 22% are unable to finance plans for expansion, with a further fifth (20%) struggling to invest in new technology or software to improve their business for this reason.
An additional fifth say they are unable to raise salaries while almost a quarter (24%) are also struggling to invest in initiatives or benefits to retain current employees. Concerningly, this comes as 24% of businesses cite staff and skills shortages as one of their biggest challenges over the next six months.
Amid growing concerns about their access to capital, record levels of inflation or increased operating costs, such as energy bills, commercial rent and payroll, are the biggest challenges facing over half (56%) of mid-sized businesses. Improving cash flow, generating new sources of revenue or raising new financing from existing funding sources are also the top priorities for more than two-fifths (44%) of companies over the next six months.
Against this backdrop, businesses are turning to private capital markets for potential funding solutions. Private equity investment is the most attractive source of capital for almost a third (32%) of those in need of new funding, followed by equity capital markets (28%) and government support schemes (25%).
As a result of tough economic challenges, 40% will need to raise funds over the next year, while a further third (33%) plan to source new financing in the next 13 to 18 months.
Mid-sized companies, which employ eight million people and provided a around a quarter of UK jobs according to further research, are now calling on the Government to support them with rising costs and improve access to capital to make the UK a more appealing place to do business.
More support from policymakers to address high costs from inflation was the most common call among business leaders. Almost 30% want the Government to do more to improve access to private sources of funding, including bank loans, regional banking and private equity investment.
Even more (32%) are calling for better public financing, such as government grants, specifically targeted at businesses in the mid-market. More than one in three (35%) want the Government to introduce or improve tax incentives to help support their business and a third (33%) believe the Government could do more to offer support with energy bills, whether through subsidies or improving insulation for commercial buildings to cut demand altogether.
Richard Austin, partner at BDO LLP, said: “Despite staying resilient through an incredibly difficult time, tough challenges remain for mid-sized businesses, with access to capital becoming a critical issue.
“As the engine of the UK economy, these companies are responsible for a large, vital proportion of its income and employment and their success will play a key role in the economic performance of the UK overall. Businesses believe more can be done to address their concerns, drive their growth and ensure the UK remains an attractive place to do business both today and in the future.”
JMG acquires Southampton commercial insurance broker
Leeds-headquartered JMG Group has acquired commercial insurance broker GR Marshall as the Southampton-based broker approaches its fiftieth year in the industry.
GR Marshall, which was established in 1974 by Gill Marshall, is now led by Robert Tipp who became a major shareholder and Managing Director in 2001 and then sole shareholder in 2013.
A privately-owned commercial broker which operates primarily in the property, motor trade and personal insurance market, GR Marshall provides broker services to local clients as well as property managers across the UK.
The business employs five staff at its office in Hythe and will continue to trade under the GR Marshall brand.
Robert Tipp, GR Marshall MD, says: “This sale is the next step in building on the success we have achieved and, with the expertise and backing from the JMG Group, will allow us to take the business even further.
“I’m currently wearing six or seven hats at any one time and, whilst they are all essential parts of running a successful insurance broker business, I want to engage even more with clients, which is what this move will allow me to do.
“It was important that we found a buyer that shares our people-focussed values and the sales process has more than confirmed this of JMG Group. From the get-go the team has been friendly, responsive, warm and has kept true to their word – every interaction is how I would have wanted to be treated if I were a JMG Group client, which is a testament to the calibre of the team.”
Nick Houghton, Group CEO, JMG Group, said: “What makes GR Marshall special is its approach to client handling and this is reflected in the longevity and loyalty of its client base.
“The Group will help GR Marshall with some of the ‘heavy lifting’ elements involved in the day-to-day running, yet allow Robert and his team the autonomy to steer the business as they best know how. Having GR Marshall on board gives us additional expertise to share across the Group and a stronger foothold in the South of England.”
Move to 40,000 sq ft Barnsley site marks new era for Lucy and Yak
The Mayor of Barnsley, Councillor James Michael Stowe, was on hand to help fashion brand Lucy and Yak open their new premises at the Gateway 36 Business Park yesterday.
Created by Barnsley-born Lucy Greenwood and Chris Renwick in 2017, the independent retailer has grown to become a popular clothing provider with more than 800,000 followers across their social media platforms.
While they have shops in major cities such as Brighton, Bristol, and Nottingham, and a new store which will open its doors in Manchester’s Northern Quarter next month, the heart of the business remains in Barnsley.
The new 40,000 square foot site in Hoyland will see the company move from their previous home, a 10,000 square foot unit in Wombwell, where they manufactured scrubs, scrub caps and bags for frontline workers in local NHS hospitals during the COVID-19 pandemic.
Councillor Robert Frost, Cabinet spokesperson for Regeneration and Culture, said: “It’s brilliant to see Lucy and Yak moving into a new site and staying in the borough. For such a well-known fashion brand to continue to operate from Barnsley demonstrates the potential and opportunities we can offer to businesses.
“Our award-winning Enterprising Barnsley business support team are proud to have paid their part by assisting the company in identifying local properties for their expansion as well as providing specialist business coaching support. We will continue to support the company for many years to come.
“It’s clear that Lucy and Chris have not forgotten their roots and are investing in Barnsley, giving something back by providing skilled job opportunities for local people. We look forward to seeing Lucy and Yak continue to grow their business operations in the borough.”
Lucy said: “I still can’t believe how far we have come in six years from our first distribution centre being in my parent’s basement in Kendray to now having this beautiful new distribution centre and providing so many jobs to people from my hometown. It feels weird seeing my name on such a huge building!”
Chris added: “We’re really proud to continue growing in Barnsley, Lucy’s hometown, and creating more jobs for the wonderful Barnsley locals!”
Bowker gets AA rating for new warehouse in Thorne
A newly-opened warehouse in Thorne operated by food distributor Bowker is to be awarded the highest-possible Brand Reputation Compliance Global Standard status.
By obtaining AA BRCGS status at the Thorne facility, Bowker has now achieved the highest certification across all its food grade distribution centres, proving stringent quality control for the safe handling and storage of food throughout the supply chain.
Nick Brightey, Regional Director at Bowker, said: “This milestone demonstrates our commitment to the highest standards of food safety and quality. Our clients can trust that their products are handled and stored with utmost care, meeting the rigorous industry requirements. We are proud to have all of our food grade distribution centres attaining this esteemed status, underscoring our position as a leading provider in the logistics industry.”
The AA BRCGS accreditation is a globally recognised standard in food safety and quality management systems, emphasising the company’s commitment to maintaining the highest levels of product integrity and customer satisfaction.
The new Thorne warehouse is equipped with state-of-the-art technologies and innovative storage solutions, the Thorne warehouse further strengthens Bowker’s capabilities to provide efficient and reliable food grade distribution services.
