For a week starting today Hull Trains and the Trussell Trust are calling on the general public to support a week-long appeal for donations to provide food to those in most need.
The Trussell Trust has seen demand for its local food banks rocket over the past few months and is handing out 47% more packages compared to this time last year.
Hull Trains will be setting up a food donations collection point at Hull Paragon Station from today until Friday this week.
The campaign has been launched to coincide with the Big Help Out, a scheme launched by His Majesty King Charles III and Her Majesty Queen Consort Camilla as part of the Coronation celebrations. The Big Help Out is encouraging everyone to volunteer or support their own community, nationwide.
The donation point will be located on the concourse at Paragon Station where donations of non-perishable, in-date food will be greatly received by the trust to create food parcels for individuals and families across the Hull and Humber region.
Items such as tinned vegetables, tinned rice pudding, tinned fruit, and tinned meat are among the items that are much needed by food banks in the local area. Strong carrier bags are also appreciated by the trust so the packs can be distributed effectively.
Russ Barlow, Project Manager at The Trussell Trust Hull branch, said: “We are so grateful for the support of Hull Trains in these challenging times. To see such a huge increase in people struggling to afford the essentials has been difficult and helping them would be impossible without the vital support of local people and organisations such as Hull Trains.
“We would like to see an end to people needing to use a foodbank, but whilst we work towards that challenging goal, we’d like to say a big thank you to Hull Trains and anyone that is able to donate to help ensure people do not go without in the coming months.”
Martijn Gilbert, Managing Director at Hull Trains, said: “The Coronation and Big Help Out provides a unique opportunity for communities to come together and do something positive for those who need our support the most. Even by making a single donation, you will be making a huge difference.
“The work the Trussell Trust are doing to provide individuals and families across Hull with access to food and necessities is vital. Let’s please come together as a community to help them and we can all make a difference together.”
Sarah Czarnecki has been appointed as new vice president at the York & North Yorkshire Chamber of Commerce
Sarah is a well-known and respected business leader in the region and sits on the York and North Yorkshire Chamber Leadership Group as well as being vice-chair of its Hospitality Forum.
The appointment will see her join the wider West & North Yorkshire Chamber of Commerce board, working alongside current president Laurence Beardmore until his time in office concludes this summer, after which she will assume the office of President.
Sarah is director of Grays Court Hotel & The Bow Room Restaurant in York city centre, and is a director at York’s Business Improvement District and an advisory board member of York St John University’s business school.
She said: “Becoming vice president of York & North Yorkshire Chamber of Commerce is both an honour and a privilege. I have dedicated much of my life to business in this region and am looking forward to devoting my time and passion to make York and North Yorkshire as successful and prosperous as it can be.
“North Yorkshire is a gem of the United Kingdom with a strong footing in the industries that have made us the county we are. Working with, and championing, these industries and businesses will be a prime focus for my role with the Chamber.
“I look forward to shepherding the county into the next chapter of its illustrious history and to working with the region’s stakeholders for its advancement.”
HullBID has secured the backing of a contact centre business ResQ as sponsor of the city’s Street Food Nights – one of the organisation’s biggest events of the year.
Company CEO Gill Matchbanks, whose firm employs 2,000 in Hull and Seaham, County Durham, said sponsorship was a great opportunity to connect with candidates and customers. “Finding and recruiting talent is something we do on a daily basis and we like to get involved in these types of activity in the local area to get our name out there as a great place to work.
“We also have some huge clients including British Gas, Scottish Power and Vodafone and a presence at Hull Street Food Nights will support our ongoing campaign to find the best talent to service them.
“As a business that was born in Hull as a tiny player in the market to one that now employs over 2000 people, ResQ are delighted to be able to support other local businesses on their journey to growth.”
HullBid Exec Director Kathryn Shillito said: “ResQ recognise the potential for business benefits from the huge crowds which we attract to every event, and they are clearly committed to supporting Hull, having announced nearly 300 new jobs just last week.
“Hull Street Food Nights provide a great opportunity for staff to get together and unwind with great food and drink and live entertainment after a day at work. We’re sure the ResQ team will make the most of that and we’re grateful to them for helping us to offer the opportunity to other businesses in the city centre.”
Hull Street Food Nights will feature about 30 different food vendors and an entertainment package which will include live music, DJ sets, street entertainment and free glitter face painting. The events will all take place in Zebedee’s Yard and Princes Dock Street from 4pm until 9pm and the dates are Thursday 1 June, Thursday 29 June, Thursday 27 July and Thursday 28 September.
Green Port Hull and Hull City Council are supporting Greenpower Education Trust in hosting Green Port Hull Goblins electric car event at Hull’s West Park on Sunday 14th May, with primary school children test their handmade racing cars around the MKM Stadium’s car park.
Primary school pupils aged nine to 11 across the city have been teaming up to create their electric kit cars and all are welcome to see them test their racing skills around the slalom tracks at the MKM Stadium.
Greenpower Education Trust has provided the framework for the kit cars, known as Goblins, as well as the components for a battery powered engine.
The car must be built by the pupils, including designing and sourcing the bodywork themselves, with an emphasis on using eco-friendly materials, and the vehicles have been created in school projects which focus on STEM subjects, as well as teamwork.
There will be a parade of the cars around 10:30am, with the action getting under way at 11am and prizegiving to follow.
Mark Jones, director of regeneration at Hull City Council, said: “This is a fantastic event which will not only be undoubted fun, but will help pupils engage in key subjects and enhance their education.
“The Hull Street Race hosted in 2019 was a brilliant spectacle, but the pandemic limited any race events, so it’s great to be able to reinvigorate our involvement with Greenpower Education Trust and to kickstart the kit car project in our schools again.”
Michele Augousti, CEO of Greenpower Education Trust, added: “We are immensely grateful for the continued support being given by Green Port Hull to enable another Goblin event to take place this year in Hull at the MKM stadium.
“Green Port Hull has supported us for many years and is very kindly providing sponsorship again so that this event can take place.
“This enables Greenpower to be able to provide young people with the opportunity to design, build and race electric cars at a host of events throughout the year, culminating in an International Final in all three categories: Formula Goblin (ages 9-11), IET Formula 24 (ages 11-16) and IET Formula 24+ (ages 16-25).”
Two major shareholders in Pensana, the company building a rare earth plant at Salted near Hull, have agreed to invest a further US$10 million in aggregate in the Company which will increase their combined holdings to 38.6%.
They are M&G Investment Management and the Angolan Sovereign Wealth Fund both of whom remain strongly supportive of the Company and its business plan and have each requested and been granted the right to participate in any future equity or other fund raising undertaken by the Company on a pro rata basis for the next two years.
Chairman Paul Atherley noted: “This additional investment reflects their confidence in our strategy and growth prospects, and we are grateful for their ongoing commitment.
“The fact that M&G and FSDEA have also requested the right to participate in any future equity raises is a clear endorsement of our business, demonstrating long-term alignment with our goals.
“We look forward to progressing our Saltend and Longonjo projects, delivering the world’s first independent and sustainable magnet metal rare earth supply chain and meeting the growing needs of OEMs.”
Rotherham-based food processing equipment specialist JJA Pack has expanded its long-term partnership with Siemens by introducing the tech business’ latest diagnostic technology to its customer offering.
It’ll mean that equipment operating thousands of miles away from Rotherham can be monitored from South Yorkshire, reducing downtime by enhancing predictive maintenance.
A combination of Siemens Edge, attached to the individual machine, and cloud-based AI solution Insights Hub provide a comprehensive picture of a machine’s performance that can be accessed both remotely and in situ. Through the power of AI, the data collected is used to avoid machine downtime by predicting and diagnosing issues remotely.
The new technology means JJA Pack’s engineers have switched to a proactive, predictive maintenance model for its machines reducing the need for customers to report maintenance requirements while optimising machine uptime.
For the 11-year old business, accessing international markets has previously presented challenges when upgrading or maintaining machines thousands of miles away, which has limited growth potential, but JJA Pack now has the ability to scale its services more effectively.
Jamie Ashpole, director at JJA Pack, said: “We won’t ever hesitate to fly our team to wherever our customers are when problems happen. The trouble is, while we’re in the air, those customers are losing money until we get to site. This technology is transformational from that respect. Prevention is better than cure and by using advance data to predict and act early, we’re now able to slash downtime. That’s huge.”
Andy Lane, Business Development Manager at Siemens said: “It has been our pleasure to support JJA Pack for more than a decade and see their business expand in tandem with the technology we’ve provided. We’re confident this next step in digitalisation will be a gamechanger as the business now confidently expands into new territories and customer service solutions.
“JJA Pack is typical of the strength and depth of the UK’s machine building sector, which often doesn’t receive the recognition it deserves as it quietly produces some of the world’s leading machines. This is a great example of the strides that can be made when we support the country’s manufacturing supply chain to digitise and more than punch above its weight.”
Sheffield-based precision immersion cooling company Iceotope has launched its new headquarters, designed to have a positive impact on staff morale and productivity.
Designed and installed by Lincolnshire-based commercial fit out company APSS, the new office was designed for the team to better communicate their ideas and planning strategies. Break out areas allow for staff to take a break from their screen or just provide an alternative place to work which helps boost productivity.
Incorporating a biophilic design, the office interior includes greenery hanging from the ceiling as well as green feature walls acting as dividers between spaces. The greenery also acts as a sound dampener and reduces excess noise across the office in addition to the suspended ceiling rafts throughout the office.
Private soundproof meeting booths were installed with a self-irrigating planter wall on the side, providing a low maintenance connection to nature inside.
Walkway designed by APSS
APSS designer Emily May, who put the concept together in partnership with Iceotope, explained: “The benefit of real plants in an office environment includes helping to purify the air, reduce excessive moisture and boosts productivity by providing that link to nature.
“It was great to work with a company which has such a strong brand. It made it so easy to create an amazing look for their new office.”
Staff meeting and breakout area with biophilic walls designed by APSS
Tom Parker, director of operations for Iceotope, said: “From the initial consultation to the final walk-through, the team at APSS demonstrated exceptional professionalism, creativity, and dedication to delivering a stunning and functional workspace that exceeded our expectations.
“Despite a tight deadline and budget constraints, APSS was able to deliver the project on time and within budget, a testament to their commitment and expertise. Their design approach, which prioritised both aesthetics and practicality, has resulted in a workspace that fosters collaboration, productivity, and employee satisfaction.
“Our team has been absolutely thrilled with the new office space, and the positive impact on morale and productivity is evident. The attention to detail, clever use of space, and the seamless integration of our company’s values into the design have made our new office a source of pride for everyone.
“In fact, we have been so impressed by their work that we are already returning to APSS for support on a new project, further solidifying our confidence in their abilities.
“We couldn’t be happier with the outcome of our office fit-out project, and we wholeheartedly recommend APSS for any organization seeking to create an inspiring and efficient workspace. Their dedication, skill, and customer-centric approach make them a standout choice for office design and fit-out services.”
Strong branding throughout the new Iceotope HQ designed by APSS
The government is considering granting HMRC new powers to recover unpaid tax directly from digital wallets.
The proposal is one of a number of measures that are being considered as part of plans to modernise tax debt collection from non-paying businesses.
While the overwhelming majority of people and businesses in the UK pay their tax on time, the latest figures from HMRC show that there is around £48bn in tax owed to HMRC but remaining unpaid. According to HMRC, the vast majority of this tax debt is owed by small and medium sized businesses.
Part of the challenge facing HMRC is the recent growth in e-commerce models which makes it harder to collect taxes from businesses that don’t conduct their business in the UK or don’t have a presence or physical assets here. The enforcement officer or bailiff turning up ‘on the doorstep’ is not an option for many virtual offices or digital only businesses.
The government intends to focus an initial consultation on the following 4 proposals:
extending Taking Control of Goods powers to those with no UK assets or no assets at a principal place of business, so that HMRC can seize assets at other premises where their trade is not conducted such as third party warehouses.
extending Taking Control of Goods powers to in-house leasing
extending Direct Recovery of Debt powers to include Digital Wallets
security deposits from businesses who are repeatedly, intentionally non-paying
As part of their work, HMRC will also seek to understand the true scale of the problem of serial non-payers.
Dawn Register, head of Tax Dispute Resolution at BDO, said: “While HMRC seeks to help taxpayers who are struggling financially by offering Time to Pay arrangements, new tax debt is running 50% higher than pre-pandemic levels and needs to be reduced.
“It is clear that the Government believes the tax authority needs further powers to tackle the hardcore of non-paying businesses that aren’t playing by the rules and who put up taxes for the rest of us. However, the practical challenges of using any new powers will be the real test for HMRC, including digital businesses located offshore.”
A floor dedicated to the overview of the history of the Port of Immingham has been officially opened at Immingham Museum by ABP in the Humber.
Called the ABP Room, it is the result of a financial donation given by the UK’s largest port operator in 2022 to help the town’s museum enhance its digital offering.
Simon Bird, Regional Director of ABP Humber said: “ABP is proud to support the town’s museum in the telling of our stories, which are intertwined. The strong links between Immingham and the port are told in the story of our industrial heritage and how the area developed connecting it to the rest of the world to become the leading port it is today Through the telling of these to a wider audience it also showcases the career opportunities in the ports.”
John Trevitt from Immingham Museum said: “We are very grateful and proud to be supported by ABP. This has enabled us to significantly improve our existing displays and create what we believe to be a unique experience in the new ABP docks’ room. Unusually for a Museum using the latest digital technology, we can now show the area’s economic past, present and dynamic future.
“Visitors will be able to see in real time live information of the area’s shipping, rail, and aircraft movements. This is streamed to three large screens together with spectacular contemporary, historical and aerial video footage.”
The first-floor room is dedicated to the history of the port and enhances people’s understanding of its beginnings from coal exports to the UK’s largest port by volume of tonnage handling around 46 million tonnes of cargo every year.
Videos being streamed in the room show the modern-day port, and the daily operations from cargoes being handled to vessels coming in through the lock.
Based in Immingham Civic Hub, the museum staffed by volunteers, opened in 1970 and its main theme is the history of the port of Immingham, and the Mayflower pilgrim connection. Entry to the museum is free and it is open Tuesday, Wednesday, and Saturday, 1pm to 4pm. For more information on the museum visit the website here.
Business confidence in Yorkshire remained strong in April at 30% for the second consecutive month, according to the latest Business Barometer from Lloyds Bank Commercial Banking.Companies in Yorkshire reported lower confidence in their own business prospects month-on-month, down 11 points at 41%. When taken alongside their optimism in the economy, up 13 points to 21%, this gives a headline confidence reading of 30%. Yorkshire businesses identified their top target areas for growth in the next six months as evolving their offer (41%), investing in their team (35%) and investing in sustainability (29%).
The Business Barometer, which surveys 1,200 businesses monthly, provides early signals about UK economic trends both regionally and nationwide.
A net balance of 7% of businesses in the region expect to increase staff levels over the next year, up 13 points on last month.Overall, UK business confidence climbed one point to 33% in April. Every UK nation and region reported a positive confidence reading and six out of 11 regions recorded a higher reading than last month. London reported the highest levels of business confidence at 47% (up nine points month-on-month), followed by East Midlands (up 18 points) and North East (up three points), both at 41%.Firms’ outlook on their own trading prospects remained strong at 39% for the second consecutive month, and a net balance of 27% of businesses are intending to increase their staff levels, up two points on March. Ahead of the three Bank Holidays in May, firms’ optimism in the overall economy increased five points to 28% – the highest reading since June last year.Steve Harris, regional director for Yorkshire at Lloyds Bank Commercial Banking, said: “It’s great to see business confidence in Yorkshire remain strong in April as businesses make ambitious plans for growth, with many looking to bolster revenue streams by evolving their offering.“We’re committed to supporting businesses to achieve their plans for growth by providing them with practical advice to help firms manage their cashflow and working capital as they discover new avenues of development.”Business confidence in the service sector rose to 36% this month, the highest since May 2022, with sentiment particularly upbeat in hospitality and financial services. While the other sectors saw slight decreases, construction remained strong at 43% while manufacturing and retail remain above last year’s lowest levels. Hann-Ju Ho, senior economist for Lloyds Bank Commercial Banking, said: “The recent increases in business confidence indicate that the economy entered the second quarter of 2023 with positive momentum. “The revival in the demand for labour, which improved for the fifth consecutive month, may account for the modest uptick in wage expectations for the next twelve months.
“While firms’ concerns on overall cost pressures have eased, there is little evidence that pricing expectations have declined which may impact wider pricing decisions for the remainder of 2023.”
Humberside’s former Chief Constable Lee Freeman has been named as one of two officials to take over the dual roles of His Majesty’s Inspector of Constabulary in England and Wales and Inspector of Fire and Rescue in England.
Home Secretary Suella Braverman appointed him alongside Michelle Skeer, and they’ll both move into post in August.
Mr Freeman has been Chief Constable of Humberside Police since May 2017. In January 2019, he was asked to support Cleveland Police as interim Chief Constable during a period of crisis. He also served as a police officer at Lincolnshire Police between February 2010 and April 2015, reaching the rank of Assistant Chief Constable. Mr Freeman was awarded the King’s Police Medal in 2023.
Since March 2018, Mrs Skeer has been Chief Constable of Cumbria Constabulary, having joined the force in 1990. She performed a variety of operational roles before moving to the criminal investigation department where she held roles at every rank and led on both public protection and serious crime operations. Mrs Skeer was awarded the Queen’s Police Medal in 2017.
Suella Braverman said: “I’m pleased to welcome Lee Freeman and Michelle Skeer to these important roles, where they will play a vital part in ensuring that our police forces and fire and rescue services provide the excellent service that the public rightly expects.
Mr Freeman said: “I look forward to working with colleagues across both policing and fire and rescue services in order to ensure the services provided to the public continue to improve.”
astragon, a subsidiary of Team17, the Wakefield games developer, has acquired German development studio, Independent Arts.
Independent Arts has been a trusted third-party development partner of astragon for a number of years and has a strong existing relationship with the business. The acquisition brings a team of experienced ‘working simulation’ developers in-house to support current owned IP development and accelerate new IP that will launch in future years.
Supported by the wider studio knowledge within Team17, this is the first 100% owned studio acquisition by astragon.
Debbie Bestwick MBE, Chief Executive Officer of Team17, said: “This adds further conviction to our belief in astragon, showing they were a key part of our group’s performance in the first year within Team17 following its acquisition in 2022 and will prove to be an equally important part of our growth journey over the coming years.
“Led by Julia and Tim, they are an exceptional team and one of the world’s best when it comes to producing original, highly creative IP in the hobbyist ‘working simulations’ sector of the games market, as evidenced by their successful Fire, Police, Bus and Construction simulation titles.
“This is an important opportunity for the astragon team to accelerate its pipeline of new IP and add experienced, fully owned development capability to its operational footprint.”
British Steel has spent £3m recommissioning a huge boiler vital to its steelmaking operations at Scunthorpe – meaning the site can generate its own electricity from waste gases and could even export to the National Grid.The site relies on electricity generated at its Central Power Station to power a range of activities on site. Bob Fish, Plant Engineer Energy Operations and Fuel, said: “This three-storey boiler is huge – it’s the equivalent in size of 2.5 houses stacked on top of each other – and contains an astonishing 15,080 metres of tubes. These tubes are filled with water and four multi-fuel burners in contact with the tubes convert the water to steam. This is then used to generate electricity and is also used directly as steam across the site.“Over time the tubes wear and this inevitably leaded to leaks that affect the boiler’s performance. This £3 million investment allowed us to change 12,000 metres of tubes with a combined weight of 60 tonnes. We’ve now brought the boiler back on line and, thanks to the hard work and skill of all involved, it’s performing very well and providing a reliable service to the site.”The project involved sourcing 76.1mm diameter steel tubes. The material used to make the tubes has a chromium molybdenum addition and this helps improve corrosion resistance, extending the performance life of the tubes. Contractor Heathyards bent, shaped and welded the tubes off site and contract company Altrad Babcock then installed the new tubes, a complex task involving specialist equipment and a team of 50 that clocked up a total of more than 90,200 hours working on the project.Process steam is used in a variety of applications including generation of electricity via turbines and creating the vacuum needed in secondary steelmaking operations at the Steelmaking plant, as well as providing heat to office blocks across the Scunthorpe site. “But none of this can happen without the works-arising gases,” said Bob. “The gases created in our operations, such as that at the blast furnaces, feed directly into what we do to create both electricity and steam.“It all goes hand-in-hand – and by doing this, we can also generate savings for the business. With eight boilers in total on the Scunthorpe site, when all are operating fully we have the potential to save £13,500 an hour and can even bring in money to the business when excess energy is exported to the National Grid.”
A Leeming Bar-based family-run timber business has received a six figure loan to invest in technology and help fulfil growing customer demand.
Fall Timber Ltd, which was founded more than 45 years ago and managed by its second generation owner, Helen Fall and her husband, Matt, received the loan from NPIF – BEF & FFE Microfinance, which is managed by BEF and FFE, and part of the Northern Powerhouse Investment Fund.
Supplying timber for national building projects as well as agricultural clients, self-builders and gardeners, Fall Timber moved to its current site in Leeming Bar Industrial Estate during the pandemic, and offers a drive-through warehouse.
Helen, who has a background in operations working for brands such as Rolls Royce, Deloitte and Credit Suisse, said: “The loan from the Northern Powerhouse Investment Fund is going to play a vital role in keeping up with customer demand.
“The need for timber isn’t going away and with the additional funds, we’re planning on investing in cutting technology to improve productivity, which may require some research and development. Traditional methods of cutting timber are incredibly labour intensive so with the support of technology, we’ll be able to supply customers much quicker.
“We’ll also be launching an ecommerce website so that we can continue to serve our customers efficiently, while giving them the option to browse and pre-purchase our stock prior to pick up or delivery. This will be especially useful for our self-build and gardening customers who are in the midst of projects.”
Fall Timber, which has a team of eleven employees, originally operated from the family farm on the outskirts of Bedale. Of the move, Helen, who took over the business from her father 10 years ago, said: “We’d outgrown our operations on the farm, so around three years ago we moved to our current premises. Since then, we’ve been on a journey of growth and overcoming the setbacks the pandemic brought.
“The loan came at a great time for us and the process was so simple. We’re excited to bring these plans to life this year and give the business space to develop. Both Matt and I had vastly different careers to the world of timber before this, but it feels important to my family heritage to keep the craft going. There are few independent timber merchants left and we love being able to offer our customers the best service and product.”
Lee Vickers, investment manager at BEF, said: “With its longstanding history, Fall Timber already has a successful model as a timber merchant. Helen and Matt have great aptitude for the business and using the loan to invest in technology to improve efficiency and keep up with customer demand will help them compete with larger companies while remaining true to their roots. We’re looking forward to seeing what the rest of this year has in store for them.”
Accountancy group Azets has acquired Naylor Wintersgill, the £4m+ independent firm of chartered accountants, business and tax advisors, based in Yorkshire.
The acquisition is Azets’ eleventh in 12 months.
Naylor Wintersgill, which will rebrand as Azets with immediate effect, delivers accounting, audit, corporate finance, tax, payroll, and HR advisory services to SMEs, private clients, and not-for-profit organisations across the Yorkshire region.
The acquisition sees Azets expand its presence and deepen its advisory expertise in Yorkshire, adding two offices to its UK network which now totals 90.
Naylor Wintersgill has been based in Bradford, West Yorkshire, for more than a century.
Acquiring Naylor Wintersgill adds 67 people into the Azets team, including eight partners.
Managing Director Victoria Wainwright, who started her accountancy career as Naylor Wintersgill’s first apprentice in 1991, will continue to lead the team as office managing partner.
She said: “The team at Naylor Wintersgill are thrilled to be joining Azets. This is a brilliant opportunity to strengthen our services offering to SMEs and owner-managed businesses in Yorkshire. It is also an opportunity for our team to be part of a much larger ecosystem, creating even more value for our clients.
“We will continue to build on the achievements of Naylor Wintersgill, delivering the same high-quality level of service, with the advantage of being able to offer more specialist advice and be part of a growing group that offers new and exciting opportunities for our clients and our people.
“It was clear from the start that Azets’ culture and values align closely with our own, and we are confident that that this acquisition is the perfect fit for our future growth.”
Peter Gallanagh, regional CEO for Azets’ UK North region, said: “I’d like to offer a warm welcome to our new colleagues and clients from Naylor Wintersgill as we embark on this exciting journey together. This acquisition offers a platform for Azets to keep building its regional presence in Yorkshire and leverage shared skills in support of our SME clients.
“Like Azets, Victoria and her team have a strong reputation for delivering a full range of quality professional services and support to clients through a collaborative relationship built on trust and confidence.”
Russell Turner, regional managing partner with Azets in Yorkshire, added: “This acquisition is a wonderful opportunity to expand Azets’ geographical presence in Bradford and enhance our specialist offering to SME clients right across the Yorkshire region. We are delighted to be working with Victoria and her team.”
For many years, director shareholders in limited companies have often been advised to take a small salary, at a rate to retain access to state pension credits and other benefits, and then supplement their income using dividends. Looking at the individual and the company together, this is a very tax effective route.
Podcast: Sisters with more than a thought when it comes to an enterprising idea
This episode of The Streets Sessions features sisters Ellie and Zara Pickles, co-founders of Cognito, a contemporary Sushi and Japanese restaurant and bar. It explores what led them to open Cognito, the challenges they’ve faced, the role and support of the wider family and their exciting vision for the future.
Tax Rates and Allowances 2023/24
Download Streets’ tax return checklist which, whilst not exhaustive, does include the majority of the information required in connection with the completion of your tax return.
SmartMoney – March/April 2023
SmartMoney is the bi-monthly magazine from Streets Financial Consulting plc, Streets Chartered Accountants’ independent financial planning arm, full of news and helpful information on personal financial planning.
Demolition work on the former Wilkos building on Corporation Street is under way as the regeneration of Rotherham town centre continues.
The Council acquired the building at 4 Corporation Street in January 2023 to prevent it from becoming a long-term empty building, after high street household, DIY and homewares chain, Wilkos, closed the store after 127 years in the town centre.
The site will be utilised to enhance the Council’s Town Centre Masterplan, and over the next 18 months will be part of the Forge Island site compound.
Heavy plant machinery is currently in operation on the back of the building and will continue to demolish the rest of the structure in sections over the next six weeks.
After being removed, the materials will be recycled and reused in other projects across the UK.
Prior to the demolition starting, the building was stripped inside to ensure that all asbestos was removed.
Cllr Denise Lelliott, Rotherham Council’s Cabinet Member for Business and Economy, said: “With the crane now towering over the ongoing works on Forge Island and more town centre homes becoming occupied, we’re making progress on our plans to regenerate Rotherham town centre.
“The closure of Wilko’s after such a long time was clearly a loss but sadly this is a pattern seen in other town centres across the country. So rather than leave the building empty we want to use the space to help facilitate the wider Forge Island development over the coming months.”
Multi-disciplinary built environment consultancy Ridge and Partners, which has offices in Leeds, has secured a significant investment of more than £40 million from Horizon Capital.
Horizon’s investment supports Ridge in delivering the next phase of its ‘Quality, Innovation and Growth’ vision, which sets a strategy for expanding expertise and nurturing talent in a progressive way.
The success of this strategy is clear in Ridge’s recent expansion from 577 people and £61 million turnover in 2020 to 1,000 people and a forecast £105 million in 2023 across its 13 UK offices. Strategic acquisitions in the last three years have included Scott Hughes Design and Projex.
Ridge’s broad multi-disciplinary offering to clients, which includes depth in architecture, building services, engineering, planning, surveying, sustainability and transport, will be expanded by investing in talent across its core disciplines as well as through new acquisitions.
New acquisitions will complement Ridge’s existing practices and develop new services to enhance its track record of strong client relationships. Strategic opportunities include the digital revolution, the net zero carbon and social impact agendas and changing ways of living, working and learning. Through its investment in Ridge, Horizon Capital is adding built environment services to its portfolio of 14 technology services, business services, software and data companies.
Adrian O’Hickey, senior partner, Ridge, said: “This is a transformational deal for Ridge – a catalyst for some of the most ambitious changes in our strategy. We’ve already been successful in turning up the dial on this business, introducing new initiatives and developing our people. We want to continue that progress, with the benefit of new investment, while maintaining our core values of quality, collaboration and agility all the way.
“Progressive growth is crucial for us and that means creating better and more sustainable places while offering cutting edge services for our clients and career opportunities for our colleagues.
“Horizon Capital’s focus on professional services and technology makes them a strong fit for Ridge and protects the personal culture of our 75-year-old business. Horizon understands the personal touch that distinguishes the Ridge culture and our willingness to exploit the latest technology to work more efficiently and more accurately.”
Luke Kingston, managing partner, Horizon Capital, said: “Horizon is providing the first institutional capital to Ridge in its 75-year history. Its partners have already taken opportunities for sustained growth in recent years, and we will help them to be even more ambitious in the firms and talent they reach out to.
“This professional expertise will be vital in the next few years as the UK upgrades its infrastructure and brings its building stock up to net zero standards. The winners in this market should be the consultants who have the trust of their clients and a track record of maintaining the highest standards throughout their businesses.”
Jaso Industrial Cranes has been awarded a contract worth more than £10 million to supply brand new overhead cranes for the UK’s largest open-die forging line.
The seven cranes will service Sheffield Forgemasters’ new 13,000 tonne Heavy Forge, which is under construction at its Brightside Lane site and will range from 20 tonnes to 380 tonnes individual lifting capacity.
Jaso beat five other world-class crane suppliers in the tender process to be awarded preferred bidder status for the design, supply and installation of all overhead cranes required for the state-of-the-art facility.
Steve Marshall, manufacturing transformation director at Sheffield Forgemasters, said: “Jaso Industrial Cranes has been appointed as our preferred bidder for all seven of the overhead cranes required to operate our new forging facility.
“The tender process was very tightly contested, but Jaso have a significant amount of experience in supply of cranes for hot metal and steelworks, which is extremely important for the work that we are undertaking.
“We will be installing a single 25 tonne crane, two service cranes with 100/20 tonne capacity, a 180/40 tonne capacity crane, one 250/50 tonne crane and two main 380/120 tonne forge cranes in our new 12,700 sq m forge building.”
The cranes are due to be supplied and fitted between March 2025 and July 2025.
Aitor Guesalaga, general manager at Jaso Industrial Cranes, said: “Sheffield Forgemasters is installing a high-specification heavy forging line and we are delighted to be bringing our expertise in the design and manufacture of overhead cranes for these types of facilities to this project.
“The forging line will be one of the most advanced in Europe and the largest of its kind in the UK.”
Sheffield Forgemasters’ 13,000 tonne forging line is part of a substantial recapitalisation programme for the company, which will also include new machining facilities to service its defence contracts.
Knight Frank, the property consultancy, has appointed Ben Hill as a partner in its commercial property asset management team in Leeds.
Hill, who has twenty years’ experience in the commercial property sector working with Europe’s largest and most complex retail assets, joins Knight Frank from British Land where he was a director and member of the retail property management senior leadership team.
At British Land, Hill was responsible for the management of approximately £1bn worth of assets in Sheffield including Meadowhall Shopping Centre and surrounding sites. Earlier in his career Hill spent twelve years working as a director of property management at Smith Young Partnership in Sheffield.
Based between Knight Frank’s Leeds and Sheffield offices, Hill’s newly created role will have national coverage and his appointment as partner will strengthen Knight Frank’s shopping centre management capabilities and bolster the shopping centre portfolio.
Michael Lewis, head of property & asset management, Knight Frank said: “Hill has a proven record as one of the leading property management experts across UK retail space and will have a key role to play in our expansion of our shopping centre team in Leeds. Shopping centres are an integral part of our retail capability.
“Servicing a range of REITs, institutions, property companies and local authorities, our experience in the core market of strong regional centres is unrivalled. Hill brings with him an in-depth knowledge of one of the UK’s most complex and well-known retail assets and we are delighted to have him on board.”
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