Aluminium doors and security specialist secures funding for growth
Hull businesses win praise from BID Exec Director
Waverley’s new high street to open this Spring as construction completes
Yorkshire business confidence rises in February
AstraZeneca opens Lincolnshire biogas plant to power UK operations
AstraZeneca and renewable energy firm Future Biogas have launched a biogas plant in Gonerby Moor, Lincolnshire, to supply renewable energy for the pharmaceutical company’s UK operations.
The Moor Bioenergy plant will generate 100 gigawatt hours of biomethane annually, meeting the heating needs of more than 8,000 homes. By the end of 2024, AstraZeneca aims to power all its UK research and manufacturing facilities with clean energy, reducing its reliance on fossil fuels. The company expects the plant to offset 18,000 tonnes of CO₂ emissions per year, equivalent to 20% of its total global gas consumption.
Unlike some renewable energy projects, the plant was developed without government subsidies. AstraZeneca says the investment aligns with its broader goal of achieving 100% renewable energy across all global operations by the end of this year and reaching net-zero emissions by 2045.
AstraZeneca shares rose 0.24% to 11,910p on Thursday, reflecting a 15% increase over the past year.
North Lincolnshire Council to review HMO regulation amid rising concerns
North Lincolnshire Council will hold an extraordinary meeting to address concerns over the rapid expansion of houses in multiple occupation (HMOs) and their living standards. The meeting, initiated by opposition Labour councillors, follows reports of increasing HMOs in Scunthorpe and resident complaints about housing conditions.
A council review identified 110 suspected HMOs in just two wards—Crosby and Park, and Town and Frodingham—raising questions about regulatory oversight. Only 25 HMOs in North Lincolnshire hold mandatory licences, which are required for properties with five or more tenants sharing kitchen or bathroom facilities.
Labour councillors argue that local authorities elsewhere have imposed stricter controls and are calling for similar action. A motion on the issue will be discussed, and the meeting must take place by late April.
The council is already working on implementing selective licensing for landlords, a measure supported across party lines. In September, the ruling Conservative group approved selective licensing in parts of Scunthorpe.
Turner & Townsend relocates to zero carbon-ready office building in Sheffield
Leeds real estate developer secures £14.2m development exit loan
Study Inn completes Leeds student scheme
Harrogate Housing Association secures £15m for 200 affordable homes
Harrogate Housing Association has secured £15 million in loan funding from Triodos Bank UK to build 200 new affordable homes, expanding its portfolio beyond 300 properties in and around Harrogate.
The new homes will have energy performance certificate (EPC) ratings of B or higher, and some will feature air source heat pumps and solar panels to lower residents’ energy costs.
Triodos Bank, which has provided £500 million in loans to UK housing associations since 2008, focuses on financing projects with social and environmental impact. The bank sees the development as a critical step in addressing Harrogate’s housing shortage.
Founded in 1968, Harrogate Housing Association is a not-for-profit housing provider registered with the Homes and Communities Agency. It continues to focus on delivering affordable housing in response to high property prices in the region.
Strategic implementation of workplace safety standards in Yorkshire & Lincolnshire
Zest launches ultra-rapid EV charging at Doncaster’s Riverdale Park
Zest has installed four ultra-rapid EV charging stations at Riverdale Park in Doncaster, located on Argo Drive near Wheatley Hall Road. The chargers provide up to 80% battery capacity in as little as 20 minutes, serving residents and visitors to nearby businesses, including Wheatley Centre Shopping Park and Costa Coffee.
The deployment is part of a collaboration with Harworth Group, the developer behind Riverdale Park. Harworth Group aims to enhance local infrastructure as more drivers transition to electric vehicles. Zest, a Leeds-based investor and public EV charging infrastructure operator, continues to expand its network in partnership with real estate developers and local authorities.
Muse expands regeneration pipeline with new partnerships
Regeneration specialist Muse has contributed to the financial growth of parent company Morgan Sindall Group, which reported a 10% revenue increase to over £4.5 billion and a 19% rise in adjusted operating profit to £172.5 million. The group’s secured order book grew 28% to £11.4 billion, with net cash reaching £492 million.
Muse’s development pipeline has expanded to £4.1 billion, up from £1.8 billion in 2023, driven by key partnerships. The company secured a Development Agreement with Bradford City Council for City Village, a project under its ECF partnership with Legal & General and Homes England, set to deliver up to 1,000 homes, workspaces, and retail spaces.
In Wakefield, Muse was named preferred Strategic Regeneration Partner, while in Hull, its ECF partnership was appointed as Development Partner for East Bank Village. This 15-year project could bring 850 new homes. The company also completed 113 affordable homes at Northshore in Stockton-on-Tees and delivered Forge Island, a leisure destination in Rotherham.
Additionally, Muse agreed to sell a 31-acre commercial site at Harrier Park in Hucknall and completed phase five infrastructure work for a new Nottinghamshire community.
The company is also expanding its partnership strategy through Habiko, a joint initiative with Pension Insurance Corporation and Homes England. The initiative aims to build up to 3,000 sustainable, affordable homes nationwide, including potential developments in Yorkshire and the North East.
York Handmade supplies specially manufactured bricks for York Minster Centre of Excellence
Mayor moves to create £250m investment fund to accelerate economic growth in West Yorkshire
- The region’s housing and regeneration hotspots, where planning permission has been secured for an additional 34,000 homes on brownfield land, and regeneration plans have been drawn up to develop new neighbourhoods that are linked to transport, social and creative infrastructure. Working with Homes England and developers, the Combined Authority will look to drive housing growth by investing in flagship schemes through new partnerships and delivery mechanisms.
- The region’s culture, heritage and sport infrastructure, including pitches, libraries and concert venues. A 5,000-seat, indoor, multi-use arena could be developed, depending on the outcome of feasibility studies and provided that other key investors can be secured. Investment in the region’s creative infrastructure will boost skills and jobs, while contributing to increased wellbeing and the creation of more vibrant communities.
- The region’s plans for a home energy revolution, where every social home is retrofitted and every private homeowner can receive advice or financial support to invest in home improvements that bring down bills. The Combined Authority estimates that every social home and half of private homes must be retrofitted to meet the Mayor’s target of net zero carbon by 2038. The investment fund will be used to scale up this activity through a new Social Housing Investment Plan, incentives for homeowners to invest in green technologies such as heat pumps and solar panels, and a Home Energy West Yorkshire “One Stop Shop”, which will provide advice and support to households throughout their home improvement works.
- The region’s net zero ambitions, which will be supported through a new pipeline of green projects and five Local Area Energy Plans, co-created with the local authorities in Bradford, Calderdale, Kirklees, Leeds and Wakefield. The investment fund will help to unlock new renewable energy infrastructure such as onshore wind, and support the decarbonisation of existing assets such as buildings, businesses and transport. A proposed multimillion-pound West Yorkshire Climate Fund could blend public, private and commercial funding from banks to back new green projects through loan and equity schemes, while Mayoral investment in green skills training will help ensure that the region has the workforce it needs to deliver the green transition.
- The region’s Further Education colleges, which are facing a rising demand for space and equipment from young people needing the right skills for local, well-paid jobs. While the level of colleges’ capital funding is set by the Government, the Combined Authority is exploring investment options to meet this growing and ever evolving need. This will help to ensure that people and businesses have the skills they need to succeed, and that the region has the labour market it needs to deliver its flagship transformational projects, including a fully integrated transport system and an ambitious retrofit scheme for all social homes.
Tracsis reports revenue growth, secures key contracts
Transport technology provider Tracsis expects H1 FY25 revenue of £36.3 million, reflecting modest growth from H1 FY24 (£35.5 million like-for-like), after excluding £1.1 million in discontinued revenue.
The Leeds-based company highlighted strong contract wins and operational progress in its latest trading update. Driven by a solid order book, it anticipates improved revenue and EBITDA margin performance in H2 FY25.
Despite the slower activity in parts of the UK rail market, Tracsis reports continued demand for modernisation and digital solutions. The company’s diversification strategy is gaining traction, expanding its reach into larger strategic opportunities.
Tracsis maintains a strong cash position, allowing for ongoing investment in technology and potential acquisitions. Its core products align with the UK government’s rail strategy, though ongoing consultations may delay procurement timelines in Operations & Planning. The company expects its recurring software revenue from UK train operators to remain stable despite potential regulatory changes.
Dewsbury town centre hotel plan rejected over design and parking concerns
Kirklees Council has rejected plans for a three-storey, 33-room hotel in Dewsbury town centre, citing concerns over design, height, and the loss of parking space.
The proposal, a scaled-down version of a previously rejected six-storey, 75-room plan, faced objections from residents and the Dewsbury Chamber of Trade. While supporters argued the hotel would create jobs and boost the local economy, the Chamber of Trade expressed doubts about its quality alignment with the town’s long-term development goals.
The council determined that the potential benefits did not outweigh the negative impact on the area.
Two join board of Humber Marine and Renewables
Lincoln Business Club boosts charity by £4,800
York and North Yorkshire Business Board backs local growth sectors
The York and North Yorkshire Combined Authority’s Business Board has endorsed the key focus areas for the region’s Local Growth Plan, identifying priority sectors for economic development.
The Board, established in November to advise on strategy and policy, met in Harrogate to support the ‘Competitive Advantage Sectors,’ which include Food and Farming Innovation, Engineering Biology and Life Sciences, Clean Energy, Rail Innovation and Security, and Creative Industries and Heritage. The plan will undergo consultation with industry leaders.
Sector champions, including tourism and hospitality, manufacturing, and SMEs, have been appointed to drive development in these areas. They will engage with businesses and provide direct input to the Mayor and the Combined Authority.
Additional agenda items included a national review of small business support, updates on York and North Yorkshire’s Business Innovation Programme, and discussions on fostering female entrepreneurship in the region.
The Business Board aims to position York and North Yorkshire as a leader in rural economic development, leveraging its strengths to drive long-term growth.