Work has begun to transform an area of Doncaster City Centre into an open space ready to be used for future development.
Work starts to prepare Doncaster Waterfront for future development
Arla plans to close North Yorkshire dairy, putting 128 jobs at risk
Arla Foods has announced plans to close its Settle dairy factory by the end of 2026, putting 128 jobs at risk. The company intends to consolidate operations at its Lockerbie site in Scotland, where it plans to invest nearly £90 million and create 90 new jobs. Some production from Stourton, Leeds, will also move to Lockerbie, though no job losses are planned in Leeds.
The GMB union has called the closure a major blow to Settle’s workforce and local economy. Arla has begun a consultation process with employees, stating the move aligns with its strategy to modernise UK dairy production.
Bus company steps in with free service for college after minibus theft
Work begins on new care home in York
Secretary of State pledges to put more money into farmers’ pockets
- Extending the Seasonal Worker visa route for five more years giving farms a pipeline of workers and certainty to grow their businesses
- Requiring government catering contracts to favour high-quality, high-welfare products that local farms and producers can serve, as part of government ambition for at least half the food supplied into the £5 billion public sector catering contracts to be from British producers or those certified to higher environmental standards.
- investing £110m into R&D for agri-technology for farmers, such as chemical-free cleaning for integrated milking equipment, which lowers energy costs and chemical use. The Farming Equipment and Technology Fund provides grants of up to £25,000 to buy new equipment such as electric weeders to reduce chemical use.
- Protecting farmers in trade deals
- Setting up a new National Biosecurity Centre to transform the Animal and Plant Health Agency animal health facility at Weybridge, investing £200 million to improve resilience against animal disease to protect farmers and food producers.
“My focus is on ensuring farming becomes more profitable because that’s how we make your businesses viable for the future. And that’s how we ensure the long-term food security this country needs.”
Lincolnshire district to receive £7.8m for tourism and woodland restoration
East Lindsey District Council has allocated £7.8 million to improve tourism and local infrastructure. The funding of the East Lindsey Investment Fund includes £1.8 million for tourism-related projects, such as road upgrades, car parks, markets, signage, and visitor facilities.
A significant portion of the funding will go to The Woodland Trust to purchase and restore the 483-acre Harrison Woodlands near Louth. The site, currently damaged and closed to the public, will undergo tree removal and regeneration before reopening.
The initiative aims to boost the local economy and strengthen East Lindsey’s position as a key tourist destination, further developing the Lincolnshire Wolds Area of Outstanding Natural Beauty.
ABP begins restoration of historic Grimsby port buildings
Associated British Ports (ABP) has begun structural renovations on historic buildings at the Port of Grimsby as part of a long-term redevelopment plan. The project aims to make the buildings wind and watertight, with roofs, windows, doors, and brickwork repairs.
Surveys, including structural assessments and external mapping, are underway to determine the condition of the properties before interior inspections begin. ABP is working with North East Lincolnshire Council and Historic England to explore future uses for the area, with potential interest from industrial sectors and the film industry.
The renovation is part of a broader heritage regeneration initiative, with a second round of funding recently confirmed.
BCC meets ambassadors from across the EU
- Two fifths (41%) of UK exporters disagree the Brexit deal is helping them grow sales.
- Only 14% of UK exporters think the deal is helping them to grow.
- Almost half (46%) of UK businesses want the Government to make it easier for their staff to work in the EU.
- More than a third (37%) want a reduction in VAT requirements to export to the EU.
- And a quarter (25%) want the UK to align with rules and regulations with the EU in key goods sectors.
Harrogate tech company reaches reseller agreement with Canadian firm
North Yorkshire petrol station with shop and workshop listed for £485,000
Aysgarth Garage, a petrol station in Leyburn, North Yorkshire, has been put up for sale at £485,000. The property includes a filling station, a large convenience store with a Post Office, a spacious car park, and a jet wash.
The site also features a former car showroom with potential for redevelopment, a restoration workshop with space for three cars, and a two-post ramp. The business benefits from a prime location in the Yorkshire Dales National Park, attracting walkers, motorcyclists, and classic car enthusiasts.
The forecourt shop offers food, drinks, household goods, food-to-go options, and a large storage area. Additional facilities include a manager’s office, stock room, boiler room, and workshop. The forecourt has two pump islands, parking for 13 vehicles, and a jet wash bay.
The current owner, who bought the business seven years ago, is selling due to retirement. For the year ending February 2024, the business generated £697,736 in turnover (excluding VAT) and a gross profit of £173,497.
Major banks fined £104m for sharing sensitive bond data
HSBC, Citi, Morgan Stanley, and the Royal Bank of Canada (RBC) will pay a combined £104 million in fines after the UK’s Competition and Markets Authority (CMA) found they had exchanged sensitive information on government bonds. The violations took place between 2009 and 2013 through private Bloomberg chatrooms, where traders from the four banks and Deutsche Bank discussed details related to gilt auctions, asset swaps, and sales to the Bank of England.
Citi will pay £17.16 million, HSBC £23.4 million, Morgan Stanley £29.7 million, and RBC £34.2 million. Each bank received a reduced fine for cooperating with the investigation. Deutsche Bank was granted immunity for reporting the misconduct.
The CMA stated that all banks have since implemented compliance measures to prevent similar breaches. The firms have until April 22, 2025, to pay their fines.
Dacre Son & Hartley acquires long-established rural agency
Thurston Group acquires Storplan to expand modular building capabilities
Thurston Group has acquired fabrication specialist Storplan, expanding its manufacturing capacity and product offerings. The deal gives the Wakefield-based modular building manufacturer access to Storplan’s 20,500 sq ft York facility, allowing it to take on larger structural steel and modular construction projects.
Storplan, founded in 2000, specialises in mezzanine floors, racking, and partitioning for retail and industrial storage. All employees will be retained, and the acquisition is expected to reduce outsourcing, control costs, and improve productivity and quality.
Both companies are owned by HLD Group, which acquired Thurston in 2021. The combined businesses now serve over 100 clients with a turnover exceeding £60 million.
Alternative finance provider secures £360m of new debt facilities and targets £500m loan book
H2 Equity Partners exits RAM Tracking in sale to Kerridge Commercial Systems
H2 Equity Partners has sold its stake in RAM Tracking, a Leeds-based fleet and workforce management provider, to enterprise software firm Kerridge Commercial Systems (KCS). The deal marks H2’s exit from RAM after acquiring a majority stake in 2020.
KCS, backed by CapVest Partners LLP, provides enterprise resource planning (ERP) and business management software to wholesale, distribution, and equipment rental sectors. With headquarters in the UK and 23 offices globally, the company serves customers in 74 countries.
Under H2’s ownership, RAM expanded its tracking and camera technology with new software-as-a-service (SaaS) solutions to improve fleet and workforce management. Investments in sales, marketing, R&D, and two strategic acquisitions further accelerated growth.
Arma Partners, Squire Patton Boggs, Liberty Corporate Finance, PwC, Strategy&, and Grant Thornton supported the transaction.
Bruntwood SciTech reports £163M loss amid property valuation drop
Bruntwood SciTech is set to report a pre-tax loss of £163 million for the year ending September 30, 2024, largely due to a £148 million decline in property market valuations. Despite the loss, the joint venture—formed by Bruntwood, Legal & General, and the Greater Manchester Pension Fund (GMPF)—has expanded its asset portfolio to £1.5 billion, including the addition of 29 city-centre properties.
The firm has reported a 10% like-for-like rental growth following a £500 million equity investment, with developments and refurbishments worth £314 million currently underway across 11 campus locations and 31 city-centre innovation hubs. Key projects include acquisitions in Manchester, redevelopment efforts in Leeds and Birmingham, and ongoing construction at multiple sites set for completion in 2025.
Bruntwood SciTech also secured several major tenants, including Auto Trader at No. 3 Circle Square in Manchester, UK Biobank at Greenheys in Manchester Science Park, and Corteva Agriscience at Melbourn Science Park. The company recently expanded into London, committing £200 million to a new innovation centre at Imperial College London’s White City Campus.
Despite valuation challenges, the company remains focused on long-term growth, expecting profits to rebound as market conditions stabilise.
Council launches tender for Cleethorpes Pier Garden project
College and company launch engineering suite for T Level students
Plans submitted for 12-storey commercial building at Wellington Place
Hermes Wellington Place Site 2 GP Limited has submitted a planning application for a 12-storey office building at Wellington Place in Leeds city centre. The proposal includes 27,895.7 sqm of office space with flexible ground-floor use for offices, retail (up to 200 sqm), or café/restaurant operations.
The development aims to be an all-electric, net-zero carbon building, targeting top environmental certifications. Wellington Place is already home to several businesses, shared office spaces, and hospitality venues, including Veeno and Mad Frans.
Horncastle industrial estate expansion moves forward with £1.9m investment
Construction has begun on the expansion of business land at Spratt Close in Horncastle, backed by a £1.5 million investment from Lincolnshire County Council and £400,000 from East Lindsey District Council. The project, known as Hornbeam Business Park, will create three serviced development plots across four acres, aiming to generate over 65 jobs.
The initiative is part of a broader £20 million county-wide investment in business infrastructure over the next four years, targeting key sectors such as manufacturing, defence, and agri-food. Additional industrial estate expansions are planned in West Lindsey, East Lindsey, and Boston, with a goal of creating 3,000 jobs.
Lindum Construction is managing the site development, with the project procured via the Scape regional construction framework. The expansion includes new road infrastructure designed to improve access and attract further business investment.