Valuation Office Agency to improve shared information on business rates valuations

Improved information on business rates valuations is to be shared by the Valuation Office Agency, which will by 2026 allow ratepayers to see more tailored information about their property, and by 2029 to see more specific valuation information and evidence. This follows last year’s consultation in which ratepayers, agents and others what information they wanted to see disclosed about how properties are valued. Carolyn Bartlett, the VOA’s Chief Strategy and Transformation Officer, said: “We understand the importance of greater transparency in business rates valuations. The consultation showed there are different views about what property valuation information should be disclosed. “We’ve balanced the desire for greater transparency from some with the concerns of others about the confidentiality of their data and a preference for simplified information.” This is part of a wider set of changes that are coming to business rates in England over the same period, and which are said to support the VOA to deliver more frequent property revaluations. The changes include a new duty on ratepayers to provide information about their property to the VOA. The new information duty on ratepayers is expected to be introduced after 1 April 2026. It will be tested with small numbers of customers in phases from that point so we can make sure the system works for all ratepayers. The duty will then be formally activated and mandated for everyone by 1 April 2029. There is no action you need to take now. We will tell you about the changes and when you will be affected. The new duty means ratepayers will have to tell the VOA within 60 days when there are changes to their property. These include changes to:
  • the occupier
  • their lease or rent
  • the property.
For a small number of ratepayers, they will also have to provide trade information once a year, if it is used to value their property. Once a year ratepayers will also be asked to confirm they have told the VOA of any changes to their property. Carolyn Bartlett aded: “These changes will help us revalue properties every three years. More frequent revaluations mean fluctuations in the property market are reflected in business rates bills more quickly. This will make the system fairer.”

Menai Bridge refurb project completed ready for 200th anniversary year

Hull-based Spencer Bridge Engineering has finished the latest instalment of refurbishment works on the Menai Suspension Bridge ahead of the crossing’s bicentenary. The team replaced and painted 168 of the 208 wire rope hangers on the bridge, a crucial road link between mainland Wales and the Isle of Anglesey, to restore its structural integrity and remove the critical risk to public safety which forced it to close in October 2022. Project Manager Tom Inglis said: “The project posed a number of significant challenges, including working in a harsh environment with strong winds and wet weather, but we have a large and diverse skillset which enables us to draw on past experiences to develop solutions. “We have decades of experience working on a range of complex bridge and infrastructure projects, and with a very collaborative attitude, allowing us to utilise expertise from right across the team to deliver the most efficient and effective results. “One of the factors which made this project so successful was the close relationships we have developed over a number of years with the client, UK Highways A55 Limited, and our suppliers. Those relationships were especially important to deliver this challenging project on time.” Opened in 1826, the Grade I listed structure is the second oldest suspension bridge in the world still carrying vehicle traffic, and teams from Spencer have been carrying out a series of works over the past four years to revitalise the crossing ahead of its 200th anniversary.  

Harrogate estate agency wins gold for the fifth successive year

Harrogate estate agency Verity Frearson has won gold at the Best Estate Agent Guide Awards in London for the fifth consecutive year.

The EA Masters event is the UK’s biggest estate agency leadership conference, exhibition, and awards ceremony with over 1,500 estate and letting agents and suppliers attending.

These independent awards assess every estate and letting agent in the country, and only the very best agents are listed.

Director Matthew Stamford said: “We are absolutely thrilled to have attained the highest standard possible and won the Best Agent Guide Award five years in a row.

“The Best Agent Guide is produced by the Property Academy, supported by Rightmove, and is by far the largest and most comprehensive awards scheme in UK Agency. Winning this puts us in the top 3% of agents in the UK!”

Fellow Director James Verity added: “Matthew and I were so proud to collect the gold awards for sales and lettings on behalf of our absolutely fantastic team. It’s a testament to the continued dedication and commitment from our team, and wonderful buyers and sellers who entrust us with their beautiful homes, we can’t thank them enough.”

A spokesperson for the Best Estate Agent Guide Awards said: “The Best Estate Agent Guide Awards is the only award that agents don’t pay to enter.

“That, combined with the fact that every agent in the country is assessed against the same performance criteria, is what makes a Best Estate Agent Guide Award such a trustworthy marque of distinction for sellers and landlords.”

New report calls on more Government funding to help Yorkshire & Humber SME manufacturers make the digital skills transformation

Nearly two thirds (65%) of small to medium-sized manufacturers (SMEs) in Yorkshire & Humber are crying out for more Government funding to help them bridge the digital skills divide it was revealed today. A new report produced by Oxford Innovation Advice has revealed that 84% of companies are looking to ‘digitally upskill’ their staff but are finding the biggest barriers to achieving this are cost and a lack of in-house knowledge. 72% of the businesses questioned are planning to invest in digital technologies, meaning there is a massive opportunity for the new Labour administration to deliver more specialised support to help boost skills and unlock the potential of UK industry. Based on responses from the survey, Oxford Innovation Advice has developed a five-point policy action plan that it plans to submit to Government to build on successful programmes, such as Made Smarter Digital Adoption. The recommendations focus on providing basic level training and advice to manufacturing SMEs to convert critical analogue data capture processes into digital ones. This is a critical first step for companies and gives them the ability to analyse processes and identify efficiency improvements. Training should also be tailored to include a strong problem-solving focus, which could feature mentoring and one-on-one practical support to help manufacturers trial solutions and digitalise processes. Finally, Oxford Innovation Advice is urging Government to involve companies in the design of businesses support, whilst also ensuring that programmes are available nationally and connect SMEs to their peers to sustain their digital journey. “A massive 72% of manufacturers in Yorkshire & Humber are predicting growth in the next six months and this is great news. However, as the report clearly shows, how many more could be increasing sales and creating jobs if they had more help to improve their digital skills?” explained Jane Galsworthy, Managing Director of Oxford Innovation Advice. “The digital revolution is no longer the preserve of the larger companies, it’s here and needs to be embedded on the shopfloors, in the design hubs and in the offices of our smaller manufacturers.”

Hull MP changes rules for farmers growing hemp

In her new role as Minister for Crime and Policing Hull MP Diana Johnson has announced changes in the law to make it easier for farmers to grow industrial hemp. Under the changes, licence holders will now be able to grow hemp anywhere on a licensed farm, reducing the unnecessary burden on farmers who currently have to set out the exact field where they will grow the plants within a farm. This change is expected to come into effect for next year’s growing season. In time for the 2026 growing season its planned to extend the maximum period for a licence from three to six years, subject to compliance with the licence terms, and to allow those applying for a licence to defer its start date by up to a year, helping farmers to make business planning easier. She said: “These reforms will bring an important boost to this industry and cut down the unnecessary burdens that have been placed on businesses.

“We want to make it easier for licence holders to capitalise on the economic potential of legally growing hemp.”

Hemp is a variety of cannabis with low-THC levels, which is currently defined as a maximum of 0.2%.  The plant is legally grown for the construction and textiles industries, and only farmers with a licence are allowed to plant it.

Lincolnshire eco waste shop supporting UK’s ambitions

Ahead of COP 29 next week, The Green Life Pantry in Market Rasen, Lincolnshire, has taken measures to make sure it is one of the small businesses helping to drive progress in the UK’s journey to Net Zero.

The zero waste eco store, which has been running since 2019, provides residents with an opportunity to stock up on day-to-day items in a more eco-friendly way by using ‘bring your own’ containers or paper bags. This includes dry goods, such as baking supplies, dried fruit, loose tea and coffee beans, as well as environmentally conscious replacement products such as wash detergents, shampoo and soaps.

Jenny Salvidge, founder of The Green Life Pantry, came up with the idea as a way of helping her community become cost effective, eco-logical and less reliant on plastic. After leaving full-time-employment, Jenny sought out a Start-Up Loan of £12,000 via programme partner Norfolk & Waveney Enterprise Services to help launch the business.

Jenny Salvidge, founder of The Green Life Pantry: “The Start Up Loan was pivotal in helping me to launch The Green Life Pantry and in turn, allowing me to support a community of eco-conscious people throughout Lincolnshire.

“I would certainly encourage other businesses to consider what steps they can take to become more sustainable, no matter how small they may be.”

Richard Bearman, Managing Director, Small Business Lending at the British Business Bank said: “We are immensely proud to support the entrepreneurial spirit within communities that traditionally face barriers to financing. It is our firm belief that by providing access to financing, we are not only fostering innovation but also empowering individuals to create sustainable enterprises that contribute positively to our economy and society.

The Green Life Pantry exemplifies our commitment to supporting sustainability-focused businesses. Jenny has now established a thriving, eco-conscious business, demonstrating the transformative impact of the Start Up Loans programme.”

Sheffield company cuts precious metals usage by a further 40%

Sheffield clean energy company ITM Power has cut the use of precious metals in its hydrogen production technology by a further 40%. This development comes on top of the company having met the EU’s 2030 target to reduce precious metal usage as long ago as 2019. Company CEO Dennis Schulz said: “As part of a structured validation process, we have successfully reduced iridium loading by a further 40% without detriment to performance or degradation. As a costly raw material, reducing iridium benefits stack costs significantly. This loading reduction and our catalyst recovery and reuse processes will substantially reduce our consumption of critical raw materials and further lower our cost.”
The development of the company’s next-generation stack platform, CHRONOS, is said to be proceeding to plan. It will be a vehicle for adopting several technology improvements from the company’s development roadmap. Mr Schulz added: “As testing progresses, the validation of several features will be completed, many of which will also be implemented into the current TRIDENT stack platform. The step change reduction in iridium loading will be the first to be triggered for adoption for both platforms.”

How to save money of spiralling energy bills

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UK businesses facing volatile energy price increases without the safety net of a price cap like that enjoyed by householders are looking for ways to cut back ahead of winter and stark forecasts for 2025. New price forecasts warn of even steeper hikes ahead. By April 2025, the average annual energy bill for small businesses is expected to reach £13,264, while larger retail and leisure venues may face annual costs of up to £550,000. Many business owners have been forced to review their energy usage and look into creative ways to cut back – and offices are a notorious culprit for energy wastage. Green Alliance found that UK businesses can rack up a staggering £60 million in wasted energy annually. Renewable energy surveyor, James Welland of Go Green Power offers five tips for UK businesses looking to reduce their energy bills and become more sustainable this winter. Get the most out of office appliances  “From air conditioning units to desktops, projectors and lighting, offices are full of energy-hungry appliances,” says Welland. “However, there are a few simple ways to be smart about how these are used.” Even small changes as straightforward as using the eco-setting on dishwashers and only running full loads can help stack up energy and cost savings. Being savvy with the devices you use in the office is key. When it’s time to upgrade, consider the energy rating of different models, and opt for energy-saving alternatives. For example, laptops tend to use 85% less electricity annually – so consider these over desktop PCs. Skipping unnecessary appliances such as hand dryers and going paperless can also have a big impact on carbon footprint, as well as cutting down on electricity costs. Make smart lighting choices “Another great place to start is lighting, as this is one of the biggest hitters for offices. Switching lighting to LEDs has the potential to save businesses 85% – 90% on lighting costs.” Almost half of business electricity usage also happens outside of regular office hours, so implementing light sensors can result in big energy and cost savings by reducing wastage. Avoid leaving appliances on standby Turning appliances off when they’re not being used, instead of leaving them on standby, is an obvious one – but it often goes overlooked and unmonitored, “We know that offices waste significant amounts of energy,” explains Welland. “Devices in standby mode can still consume a huge amount of energy, so reducing this can lead to surprising savings.” Computers left on standby overnight and at the weekends can still waste up to 70% of energy. There are ‘smart’ ways to manage this, such as installing a smart meter or motion power strips (however, be careful with laptops to avoid losing unsaved work). Heat the office effectively “As we move into the colder months and temperatures begin to drop, heating the office can cause a big spike in energy bills. Only turn the heating on when you need it, in the rooms being used, instead of leaving it on low all the time,”  advises Welland. “If the office gets too warm when the heating comes on, turning the thermostat down – even by just one degree – can rack up big cost savings, as well as significantly reducing carbon emissions, if employees remain comfortable. Installing a smart thermostat can help monitor this.” Some small business owners have also been lowering the flow temperature on their condensing combi boilers to save on energy bills, however, it’s important to weigh up the risks and make sure this is done safely. Another helpful heating tip is bleeding radiators when it starts to get cold, as this frees trapped air to make sure they’re working effectively. Similarly, improving insulation in the office can reduce heating costs, and be as extensive as you have the budget for. Simple hacks include installing reflectors behind radiators and window film to prevent losing heat through the glass. Consider switching to green energy “Although businesses can be sometimes deterred by the upfront cost, it’s an investment that yields huge benefits in the long run,” Welland explains. “Solar installations can help businesses take control of their energy, stabilise costs, and significantly boost eco-credentials. As businesses face relentlessly high and unstable energy costs, the payback has never been better,” he adds. “With the potential to reduce annual energy bills by thousands, solar has become an increasingly accessible option for UK businesses, with technological advancements and solar costs decreasing by 82%. Commercial investments now offer a full payback in around four years, and businesses may also be able to access a range of Local Council and Government grants to help cover costs.”

Leeds travel company gets £275k investment from Finance Yorkshire

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West Yorkshire-based subscription-based travel club utc.travel is expanding with a £275k investment from Finance Yorkshire’s growth fund. The business will invest the money in its online platform, and create additional jobs at its customer service centre. Chairman Stephen Knight and CEO Brett Norton say utc.travel’s target market is businesses and organisations wanting to offer club membership as an employee benefit. The company already has established corporate partnerships with John Lewis, the British Chambers of Commerce and DHL, as well as deals with other membership organisations. Mr Knight said: “Our subscription membership model enables customers to book everything in one place with more flexibility, greater discounts with full customer service.” Finance Yorkshire’s investment will enable utc.travel to employ more people at its Leeds-based customer service centre which is staffed by travel and hospitality experts. Mr Knight added: “We value Finance Yorkshire’s partnership approach in that the investment comes with advice and expertise from its fund management team.” Alex McWhirter, CEO of Finance Yorkshire, said: “Stephen and Brett have brought together a team of seasoned travel professionals to deliver an attractive proposition to consumers particularly via the employee benefit market. Our investment will support utc.travel’s growth ambitions at a time when today’s keen travellers are seeking the best deals.”

Councils create Hull and East Riding’s first business board

Council officials have brought 22 business leaders together to form Hull and East Yorkshire’s new business board. Their role will be to support and advise the development of the Hull and East Yorkshire Mayoral Combined Authority’s economic priorities, including delivery of a £400m investment fund. The leaders of Hull City Council and East Riding of Yorkshire Council, councillor Mike Ross and councillor Anne Handley, will work with the business board members to make sure that the voice of the region’s business sector is heard in strategic decision making. Councillor Handley said: “This is a crucial development in the devolution process and will play a key part in the region’s economic development. We’re looking forward to the benefits of devolution enabling the region to thrive, with the help of the board’s expertise and guidance.” Councillor Ross said: “The establishment of the board is an important step forward on the path towards unlocking huge investment in our area. “We’re extremely grateful for the support of the diversity, experience and proactive business voice that the membership represents and look forward to their views feeding into the development of new economic strategies, allowing us to maximise the opportunities devolution brings.” A deal to create the authority was signed off by the government in September, and will lead to a mayoral election in May 2025. The Board will appoint its chair at a meeting on Friday 13 December. The business board is one of two new strategic groups that will provide support to the new governance structures of the Hull and East Yorkshire region, alongside a skills Board. Members of the new board are:
  • Amelia Caruso                        Alessandro Caruso Architects
  • Andy Capes                             RSM UK
  • Angela Kirkwood                   PS Kirkwood Farms & East Riding Country Pork
  • Beckie Hart                             CBI
  • Chris Crystal                            Wilkin Chapman Solicitors
  • Councillor Anne Handley      East Riding of Yorkshire Council
  • Councillor Mike Ross              Hull City Council
  • Daniel Haley                           GW Power
  • David Hall                               Beverley Leisure Homes
  • David Garness                        Garness Jones
  • Finbarr Dowling                     Siemens
  • Jason Speedy                          Groupe Atlantic
  • Jo Barnes                                Sewell Group
  • Katy Swaby                             Enviromail
  • Madge Moore                        Yorkshire Food Farming and Rural Network
  • Mark Barrett                          Risby Homes
  • Martin Corcoran                     Summit Media
  • Paula Gouldthorpe                Federation of Small Businesses
  • Phil Ascough                          Ascough PR
  • Phil Jones                                Link Agency
  • Professor Dave Petley            University of Hull
  • Robert Brocklesby                 Adams and Green Ltd
  • Stephen Parnaby           Wren Kitchens
  • Thomas Martin                       ARCO

Lindum Group starts work on £8.8m council project in Grantham

Lincoln-based Lindum Group has started work on a £8.8m project to create a new depot from which South Kesteven staff will operate a range of services including bin collection, street cleaning, and parks maintenance, housing repairs and maintenance teams, and vehicle maintenance.

It’s at Turnpike Close in Grantham, and will be home to more than 250 staff.

Lindum Group Co-chairman Edward Chambers said: “We share SKDC’s vision of creating facilities that foster operational efficiency and sustainability while being futureproof.

“Our in-house team of architects and engineers have helped to make the scheme viable. They worked with the council for four months to help align the project specification to the council’s budget and performance requirements.

“I look forward to seeing this building progress over the coming months and once complete, it will ensure SKDC can continue to meet the needs of a growing population by providing vital services from a modern, purpose-built facility.”

Cllr Richard Cleaver said the new site was a significant capital investment that demonstrates SKDC’s commitment to future-proofing services for the area’s residents. “The current depot at Alexandra Road, Grantham, was built in the 1970s and is now at the end of its operational life. It is no longer fit-for-purpose, does not allow for service expansion and does not support the Council’s current and future operational needs.

“There are also issues with site access as it is in the heart of a residential area, health and safety concerns with respect to movement of vehicles and poor welfare standards for staff.”

The Alexandra Road depot will be in use until the new site is ready in 2025/26.

Developer turns to off-site timber frame construction for Batley development

Developer Keepmoat is investing more than £52m into a housing regeneration scheme at disused land off Soothill Lane in Batley – regenerating 30 acres of land. The 319-strong development, named ‘The Orchards’, represents a multimillion pound investment into the regeneration of the West Yorkshire town, which has already benefited from one phase of development – 300 of the 319 homes will be delivered using modern methods of construction, with the entirety of the site planned to be built using prefabricated timber frames. The second phase of the development will create a further 234 homes, delivering affordable properties with support from local housing provider Incommunities, Leeds Federated and Kirklees Council. The start on site for phase two of the regeneration project is scheduled just weeks after the first phase was shortlisted for ‘Project at the Year’ at the National Building and Construction Awards. Chris Clingo, Regional Managing Director at Keepmoat, Yorkshire West, said: “We’re thrilled to be continuing delivery under our strategic partnership model to build quality, sustainable homes for the latest phase in this regeneration project.

Bradford chooses development partner for ‘City Village’ scheme

Plans to transform Bradford’s former retail heart into a new sustainable ‘City Village’, billed as Bradford’s most ambitious regeneration project in generations, have taken a major step forward with the in-principle appointment of a preferred development partner. It’s ECF, the partnership between Homes England, Legal & General and Muse, which appointment, via Muse, was approved in principle by the Council’s Executive Board yesterday, subject to final contract agreements later this month. Bradford Council’s Lead Member for Regeneration Alex Ross-Shaw said: This is part of a much bigger picture of regeneration across Bradford as our current regeneration programme like One City Park, Darley Street Market and the pedestrianisation works start to complete. City Village is the next big regeneration programme and will re-define the centre of Bradford. It shows the direction of the city centre for the next ten years – quality housing, more public and green spaces and safer streets to create the quality of city centre living that Bradford needs and deserves. “Our vision is to create a healthy, sustainable and community-friendly neighbourhood. While housing is at the heart of these plans, City Village will also create opportunities for new independent retail, cafes, bars and business spaces. Bringing more homes into the city centre will also increase custom for the existing businesses on North Parade, where our recent investment shows what a sustainable, greener high street can look like.” Sir Michael Lyons, Chair of ECF, said: “City Village is Bradford’s most ambitious regeneration project in generations. The funding made available by Homes England marks a significant step forward and demonstrates the commitment to ECF’s partnership with Bradford Council and the future of the city centre, coinciding with the city’s forthcoming UK City of Culture year. “We’re excited to continue to work with the Council, Homes England and West Yorkshire Combined Authority to help Bradford realise its full potential, transforming the city centre into a safe, sustainable and inclusive place where people will want to live, as well as work and visit.” The City Village is set to deliver up to 1,000 new homes, three new community parks and public spaces, along with shops, cafes, restaurants, and offices. Its delivery will be  supported by Jack Pasley, who joined the company in October as part of the Leeds-based team charged with creation of the sustainable residential neighbourhood in the city centre. The Council’s Executive Board also approved plans to enter into a grant funding agreement with Homes England, the government’s housing and regeneration agency, to release £29.9m of provisional Brownfield Infrastructure & Land funding, subject to final Homes England approval before the end of this year. The new funding will be used to make improvements to the road network and public spaces, as well as support the demolition of the Oastler and Kirkgate Shopping Centres. The Oastler demolition is set to commence in summer 2025 and will enable the future regeneration opportunity to come forward. It is hoped the initial BIL funding will also help attract further investment to unlock future phases of the masterplan, which aims to completely transform Bradford city centre. Over the last 18 months, ECF has been working with Bradford Council to develop a masterplan, including extensive public consultation and engagement. ECF will now work in partnership with the Council to progress a planning application. A second phase of public consultation will take place later this year, with an application expected to be submitted in spring 2025. The regeneration opportunity is one of fifteen places identified in the Strategic Place Partnership between the West Yorkshire Combined Authority (WYCA) and Homes England – announced last year – which aims to unlock ambitious, complex residential regeneration schemes and boost the delivery of thousands more homes.  

North Yorkshire Council plans major recruitment drive

One of the largest recruitment drives in North Yorkshire Council’s history has been launched this week in a bid to entice new talent. Led by the Local Government Association under the banner Make a Difference, Work for your Local Council, it will run until the end of January. The campaign has been launched because more than nine in 10 councils across the country are experiencing staff recruitment and retention difficulties as demand for services continues to rise, highlighting the vital need to attract more people into the workforce. North Yorkshire has advertised for about 3,500 vacancies in the past year seeking people to fill an average of 270 roles each monthly and there can be up to 350 different jobs to apply for that change daily. Cllr Carl Les, the leader of the council, said: “In one of our largest recruitment efforts to date, we are looking to hire staff to help deliver the key services that make the county such a fantastic place to live and work. “As the organisation transforms, undertakes new projects, and delivers a wide array of services to communities, it needs a passionate and skilled workforce to be at the forefront. “So, from those at the very beginning of their working lives to people looking for senior management positions, take a look at the latest vacancies to inspire your next career challenge.”

TEC Partnership gets £91k boost to degree apprenticeship funding

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TEC Partnership has been awarded £91,500 as part of the third wave of degree apprenticeship funding from the Office for Students. This investment is a significant boost for the development of Level 6 degree apprenticeships at TEC Partnership’s institutions, including University Centre Grimsby, East Riding College, and Skegness TEC, for the 2025-26 academic year onwards. The funding will enable TEC Partnership to expand its apprenticeship provision, offering two new, industry-aligned courses in social work and retail leadership that cater to the needs of local employers. It is estimated that 90+ new learners will be attracted to the new standards between 2025/26 and 2026/27. These programmes will help ensure that students not only gain academic qualifications but also acquire the practical, real-world skills demanded by today’s job market. Ann Hardy, CEO of the TEC Partnership, said: “We are incredibly proud to receive this funding, which will allow us to strengthen our degree apprenticeship programmes. The investment will help create new learning pathways, ensuring our students benefit from the best of both worlds – quality education and hands-on experience. “As a key player in local workforce development, TEC Partnership is committed to preparing our students for rewarding careers while supporting the growth of industries that are vital to the Humber region.” The grant is part of a £14 million funding competition launched by the OfS to expand degree apprenticeships across the country. The third wave of funding specifically aims to increase opportunities for students, particularly those with a disability and those from the most deprived geographic areas, to combine academic study with work-based learning. By enhancing its degree apprenticeship offerings, TEC Partnership aims to continue serving as a vital link between local businesses and education, helping to address skills shortages and foster economic growth across the East Coast and beyond.

Cyber Monitoring Centre works with BCC to probe cyber events’ impact on business

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The Cyber Monitoring Centre is to work with the British Chambers of Commerce to gather data and insights about the impact of cyber events such as the Crowdstrike incident on UK businesses. Through this collaboration, the British Chambers of Commerce conducts polls of their members immediately following significant cyber events to assess whether and how severely they have been affected. The data is shared with the CMC to provide insights into the impact across various industries and sizes of company. Will Mayes, CEO of the Cyber Monitoring Centre, said: “Polling with the British Chambers of Commerce gives us access to valuable insights that are not available from our other data sources. The partnership not only provides quantitative data, but also offers qualitative context on the causes of disruption and loss. “In the case of the CrowdStrike event, it enabled our technical committee to better understand the cascading effects of the event due to the interdependencies within the UK’s digital ecosystem”. David Bharier, Head of Research at the BCC, added: “Understanding the impact of cyber events on the economy will be crucial to shape a more effective response. We are pleased to support the Cyber Monitoring Centre in this important work, which will contribute to greater transparency around cyber events.” In 2024, polling has been completed for three cyber events, including most recently the CrowdStrike incident. The resulting data provided unique insights across industries, including those, such as manufacturing and construction, which were largely overlooked in media coverage. Members of the British Chambers of Commerce provided data on financial losses, the duration of the disruptions, and the causes of the loss, such as the inability to process client orders, delivery delays, lack of data systems access, and payment system failures.

Workplace Wellbeing Timebomb – 83% of professionals have experienced poor mental health at work

83% of professionals state they’ve experienced mental ill health at work in the past 12 months – with more than a quarter encountering it ‘regularly’. Robert Walters’ survey of 3,000 professionals across the UK & Ireland recently revealed increasing numbers of professionals experiencing poor mental health at work, despite employers’ best efforts to enhance wellbeing offerings like employee wellbeing programmes e.g. mental health support (71%), Cycle-to-work schemes (65%), Healthcare vouchers (48%) and free or discounted gym memberships (43%). A  survey by Ipsos indicated that mental health has now overtaken cancer and obesity, to become the most common health problem Britons worry about. In the UK, around £138bn is lost every year due to workplace sickness. Habiba Khatoon, Director of Robert Walters Midlands: “While it’s encouraging to see that many employers have been ramping up their wellbeing benefits – the figures speak for themselves, efforts are still falling short when it comes to meaningfully supporting professional’s wellbeing. “With past aspersions of the UK adopting a ‘sicknote culture’ its important employers can not only empathise with, but adequately support their employee’s wellbeing to avoid footing the cost of increased employee absences.” Demand for wellbeing interventions 29% of all UK professionals consider employee wellbeing programmes the most important wellbeing & lifestyle benefit when they’re considering a job offer. Increasing to two-fifths (43%) of HR professionals and 31% of those working within General Management. Interestingly – a third of C-Suite professionals state the same, selecting wellbeing programmes over travel & retail discounts, healthcare vouchers and free/discounted gym memberships. Habiba adds: Professionals are coming forward to demand that their employers do more to support their wellbeing at work – this isn’t an issue that’s limited to a specific industry or job-level. But the jury is out on whether the steps employers are then taking to heed their demands are having the desired effect.” Are wellbeing benefits a box-ticking exercise? Almost three-quarters of companies now offer employee wellbeing programmes. However, less than a fifth of professionals claim to have actually accessed the mental health support provided by their employer in the past 8 months. When asked why they hadn’t, 58% stated that these types of benefits feel more like a ‘box-ticking exercise’ rather than provide any meaningful support – with a further 29% stating the services they’ve been offered need to be improved. Habiba comments: “Employee wellbeing programs usually involve things like mental health / mindful apps, physical health checks and supplements – whilst these interventions can be useful, they put a plaster on the real cause of mental ill health – which can be something as simple as increased stress or professionals feeling overworked.” Employer efforts must be recentred A worrying 67% of UK professionals don’t think their employer is doing enough to meaningfully promote employee wellbeing – whilst almost two-fifths of senior leaders feel their increased spending on wellbeing benefits is going by largely unnoticed. Habiba concludes: “There is no overnight solution for improving mental health. But employers must be dedicated to the creating a culture of open discussion and empathy in their workplace. This means adopting strategies such as mindful work practices e.g. respecting workhours and holidays, encouraging regular breaks and offering regular check-ins for employees. “Those businesses who dedicate themselves to going the extra mile in supporting their staff’s mental health and wellbeing now, will reap the rewards of increased employee loyalty for years to come.”

Farming industry feels the pain

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As the dust settles on last week’s Budget, the consequences for the wider economy and farming are beginning to become clear. And that is particularly the case when it comes to stimulating growth, supporting domestic business and strengthening agriculture.
The Inheritance Tax (IHT) changes – reducing agricultural and business property relief (APR and BPR) will be costly to many farms and rural businesses, while the arguments used appear based on misunderstood and partial data, says Jeremy Moody, secretary and adviser to the Central Association of Agricultural Valuers (CAAV). “These changes will affect many more family farms than the Government suggests and will do so when farming needs its resources to meet the new policies, to invest and adapt to advancing climate change.
“At a strategic level, the Government may have missed its optimum moment to drive the economic growth programme we need,” he adds.
Of course, the devil is in the detail – so what do the IHT changes really mean? In simple terms, where land, dwellings, machinery, animals and other assets are worth £4m, there will be £600,000 in tax to find. “That is a lot to pay. Even if spread over 10 years that is as much as many farms make in profit over 10 years, precluding important investment.”  The Government argues that only a quarter of farms; the wealthiest quarter, are affected. But that misunderstands the tax data:
  • First, it is only based on APR claims and takes no account of the farm’s machinery, livestock, working capital or other business assets, including diversified business activities supporting the farm and the rural economy. That figure misses half the picture and so understates the effects of the change.
  • Second, it is not an assessment of farms but of individual ownerships of agricultural land. The average value of £486,000 might generally be just 50 acres but nearer 20 in some areas. Some will be small intense farms or family members’ land used by the family farm, but more will be lifestyle units and stray fields let out for grazing round a house – both likely with wealthier non-farming owners. The data does not record farms when, on DEFRA data, the average cereals farm would need four owners to be out of tax on its farming activity.
“If farmland has to be sold, the increased capital gains tax rate will mean more acres must go, reducing the farm’s production capacity and its ability to meet its overheads,” warns Mr Moody.
However, and almost immediately, English farmers face the dramatic acceleration of delinked payment cuts.
The centrepiece of the Budget was a £25bn increase in employers’ National Insurance, increasing the cost of employing staff, especially lower paid and part-time workers. “The whole food chain will now be less able to invest and take on new hires, with anyone earning even £9,100 costing at least £615 more,” he explains. “This will be particularly felt in many of the labour-intensive sectors of farming like dairy, pigs, poultry fruit, vegetables and horticulture.”

Remagin powers construction of affordable retirement community

Leeds-based offsite construction manufacturer Remagin, part of Etex Group, is playing a pivotal role in the development of a new affordable retirement community in Oldham, Greater Manchester.

Using Remagin’s innovative Light Gauge Steel Frame (LGSF) Modern Methods of Construction (MMC) technology, Sydney Grange is being developed by McCarthy Stone and will deliver 51 affordable homes for older people in the region. All the panels for the Sydney Grange development were manufactured at Remagin’s factory in Leeds and assembled on-site, supporting local employment and helping to speed up the construction process and reduce costs. The project is the first of its kind to use Remagin’s MMC solutions in full alongside the Older Persons Shared Ownership (OPSO) scheme, with apartments available for just £95,000 based on 50% ownership*. Shahi Islam, Director of Affordable Housing at Homes England, recently visited the retirement community which will open later this year as well as Remagin’s factory in Leeds. He said “McCarthy Stone’s Failsworth development is an excellent example of high-quality and affordable housing for older people. We are pleased to support it through our older persons shared ownership scheme which forms a key part of Homes England’s efforts to provide suitable housing and build strong communities. “Expanding the use of MMC is also a priority for the programme so it’s great to see the success of the partnership with Remagin. We look forward to supporting this model and seeing it progress.” Remagin’s involvement highlights the importance of local manufacturing in the delivery of large-scale affordable housing projects. By producing LGSF panels locally, the company has been able to support the Yorkshire economy while ensuring high-quality construction at reduced costs. Patrick Balemans, Head of Division at Etex New Ways and Remagin, said: “This project demonstrates how Modern Methods of Construction can be used to meet the increasing demand for affordable, energy efficient and high-quality housing. By manufacturing the panels at our Leeds facility, we’ve not only reduced build times but also contributed to the local economy and created jobs in the regional supply chain. We look forward to continuing our work on similar projects that combine speed, value and cost-efficiency.” Sydney Grange is the first in a series of projects that McCarthy Stone and Remagin plan to deliver across the Midlands and the North, with a focus on addressing the growing need for affordable homes for older people. The use of MMC is expected to reduce construction timelines by up to 50%, while also offering sustainable, energy-efficient homes that lower ongoing costs for residents. John Tonkiss, CEO at McCarthy Stone, said: “We are delighted to showcase the first of what will be many more affordable retirement communities that we’ll build in partnership with Homes England and Remagin. It is a truly groundbreaking model that provides new retirement apartments at affordable prices and in parts of the country where development previously would not have been viable. We look forward to continuing this partnership in the months and years ahead.”

Ground investigation starts for homes site development in Grimsby

Developer Keepmoat has started initial survey work at Alexandra Dock In Grimsby, where new homes are to be built. This week the company is on site next to the Garth Lane bridge area to begin ‘trial pitting’  – ground investigations to determine soil and ground conditions ahead of any building. This comes ahead of public consultation and the submission of a planning application for around 130 homes on the 6.25-acre site. Keepmoat was awarded the build lease for the council-owned site earlier this year. Initial support to get the scheme underway has come from the Grimsby Towns Fund, and Homes England. The site itself sits behind the new Horizon OnSide Youth Zone alongside the River Freshney and next to the remodelled Garth Lane bridge and waterside walkway. It was earmarked for homes in Grimsby’s Town Centre Masterplan – cited as an ideal location given the water nearby and the improvements that have already taken place. North East Lincolnshire Council Leader Cllr Philip Jackson, said: “North East Lincolnshire must develop as a place where people want to live and work. If that does not happen, we risk stagnating as a borough. We’re committed to making sure that does not happen. “There’s a long way to go yet, and developments of this scale don’t happen overnight. But we are working to improve the town centre as a whole and this is part of that vision. We want people who work in our borough to also live here as this will maximise the economic benefits to the area.”