Green light for next stage of University of Huddersfield’s National Health Innovation Campus

The University of Huddersfield has submitted a reserved matters planning application for the second building on its National Health Innovation Campus, to sit alongside the Daphne Steele building. The ground floor of the building will host a Community Diagnostic Centre Hub (CDC), in partnership with Calderdale and Huddersfield NHS Foundation Trust. This is a unique partnership, the first of its kind on a university campus. The CDC will provide access to thousands of additional diagnostic tests for the people of Calderdale and Huddersfield, including MRI and CT scanners right in the heart of Huddersfield. Catherine Riley, Associate Director of Strategy at Calderdale and Huddersfield NHS Foundation Trust, said: “It’s a privilege to work with our partners at the University of Huddersfield on this exciting project. Not only will the new community diagnostic centre benefit the people of Huddersfield and the surrounding areas, but it will also benefit the next generation of healthcare students and support our future diagnostic workforce.” University Vice-Chancellor, Professor Bob Cryan, said: “I am absolutely delighted to be working with Calderdale and Huddersfield NHS Foundation Trust to deliver such an important facility for people in our community. “It is at the heart of our Health Innovation Campus – which has been designed to help make a difference to the health and wellbeing of all of us in the region. This is a concrete symbol of the important role the University plays in working with the health professions, educating the workforce of the future, and driving innovation for better health, care and wellbeing.” Other floors of the building will contain specialist clinical teaching facilities, also to be delivered in partnership with the Trust, including in new course areas relating to the work of the CDC, such as Diagnostic Radiography. It is expected that these will provide access to state-of-the-art simulation technology enabling students to learn in a safe, but realistic clinical environment. The third floor will provide facilities for expansion in other areas, including the intention to develop courses in fields such as Dental Hygiene. Plans are under way for the top floor of Building Two to house a Health and Wellbeing Innovation Centre for local entrepreneurs or start-ups and organisations looking to benefit from locating with the University on the campus. Building work is scheduled to begin in April 2024, with completion in the summer of 2025.

Leeds Kirkgate Market hotel scheme nears significant milestone

Plans for a new hotel development at Leeds Kirkgate Market will reach a significant milestone next week.
Leeds City Council submitted a planning application in August for the scheme on the George Street side of the Grade I listed market building. Now it has been confirmed that the application will be considered by the council’s city plans panel at a meeting taking place next Thursday, November 30. If the application is approved, then it is hoped work will start next year on a scheme that has been designed to complement other regeneration initiatives in the area around the market and beyond. Ahead of next week’s meeting, the council also confirmed Premier Inn as the proposed operator of the hotel. A pre-let lease has been agreed with Premier Inn, which is part of the Whitbread Group. The George Street hotel would create approximately 50 new full and part-time jobs locally once operational, with around 80 jobs being supported during construction. The site earmarked for the scheme is owned by the council and is currently occupied by a number of vacant low-rise shop units. The hotel would fill the top five floors of the new six-storey building and would have 143 rooms as well as a bar and restaurant for guests. The ground floor, meanwhile, would be home to commercial units and a state-of-the-art council-run gym that would improve the local fitness offer for people living in the city centre and nearby communities. The scheme would be developed by the council with the intention of providing a stylish addition to a part of the city centre that boasts landmarks such as the Victoria Gate retail destination, Leeds Playhouse and Leeds City College’s Quarry Hill campus. It is also hoped that the hotel would help drive extra footfall to the market, already thriving on the back of a multi-million pound investment programme. Councillor Jonathan Pryor, Leeds City Council’s deputy leader and executive member for economy, culture and education, said: “We’re proud of the positive difference we have made at Leeds Kirkgate Market, where monthly visitor numbers hit the half-a-million mark earlier this year. “We are determined to keep building on that success, with the plans for the George Street hotel underlining the scale of our ambitions for both the market and the continued regeneration of the surrounding area. “The new development would provide a much-improved connection between the market and Victoria Gate, while also acting as an attractive linking point in the wider flow of the city centre from Vicar Lane towards the Eastgate roundabout and Quarry Hill. “We are pleased to be working on this project with Premier Inn, which has a commitment to delivering quality and good value that mirrors our own approach as a council.” Paul Smith, acquisitions manager for Whitbread, said: “From independent research we know that Premier Inn customers spend £140 per night per bedroom outside of our hotels when they stay in city centre locations like George Street in Leeds. “This money excludes what our guests spend on their accommodation, with food and drink, entertainment and non-food shopping being the largest categories of spending. “Importantly, most of this money is spent in the local area around our hotels as our guests go out and about to get a taste for where they are staying. “Multiplying this figure across a high-occupancy 143-bedroom Premier Inn on George Street would generate a multi-million pound boost to the local economy, helping to support the many established and independent businesses in the market and elsewhere across Leeds city centre.” An initial ‘pre-application’ report on the scheme was considered by the council’s city plans panel in June. That meeting was followed by a period of community consultation, with the majority of comments received from members of the public being positive. Groups contacted during the consultation process also included market traders, ward councillors and other stakeholders such as Leeds Civic Trust.

Grimsby energy infrastructure firm secures £250,000 to take on bigger projects

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A Grimsby-based engineering company that supports energy infrastructure has secured a £250,000 loan from NPIF – Mercia Debt Finance, which is managed by Mercia and is part of the Northern Powerhouse Investment Fund, to help it continue taking on bigger projects. Technica serves all the major gas distributors including National Gas Transmission, SGN, NGN, Wales and West Utilities, Centrica and Gassco. It works on upgrades to existing plants and the installation of new infrastructure to provide security of energy supply, as well as assisting in the drive to net zero. The company, which was founded in 2007, has increased turnover by over 300 per cent in the past two years as a result of a number of major contract wins and has also increased staff numbers from 40 to almost 60. The funding will enable Technica to increase capacity at its existing premises and provide additional working capital. John Davison, owner and co-founder of Technica, said: “Over the last two years, Technica has supported two of the largest and most complex projects in its history which has seen the business grow rapidly. “New developments such as renewables, hydrogen and carbon capture promise exciting times ahead for our sector. However projects of this nature require large cash reserves. The support from Mercia and NPIF will enable us to take on more large projects over the coming year and continue growing the business.” Rebecca Pickering of Mercia added: “Technica helps support the UK’s energy infrastructure and, with the switch to renewables, is set to play an important role in the energy transition in the years to come. “The business has undergone a step change in recent years. The funding will help it meet the demand for its services and pursue new opportunities ahead.”

80-bed care home acquired in North Yorkshire

Octopus Real Estate, part of Octopus Investments and a specialist real estate lender and investor, has added an 80-bed care home in Yorkshire to the Octopus Healthcare Fund’s portfolio of over 100 care homes. Sandstone Care Group will take operational ownership of Manor Farm in Old Malton, North Yorkshire upon completion of the build. The 80-bed home, which will offer a mix of residential and dementia care, is currently in development and has been acquired by Octopus Real Estate for £15.5m via forward funding. Upon completion it will be operated by Sandstone on a 35-year lease. Manor Farm is due to open to residents in Spring 2025. James Parkin, co-founder and director, Sandstone Care Group, said: “We are delighted to have completed this transaction, providing further much-needed care facilities to the North of England. Our growing portfolio of care homes provide a range of residential, nursing and dementia care services within modern, vibrant communities. “Our focus is always on providing unrivalled person-centred care for our residents in a welcoming environment, and Manor Farm in Old Malton will be no different.” Chris Wishart, care home origination director, Octopus Real Estate, said: “We are thrilled to add Manor Farm to the Octopus Healthcare Fund. We can’t wait for development to start on what will be a purpose-built, fully electric fit-for-future care home that typifies the quality of assets we at Octopus seek to invest in across the UK. “We welcomed Sandstone Care Group as an operating partner last year and they have demonstrated how they deliver high-quality care, so it’s great to be further strengthening our relationship with them through this acquisition.”

Over £15m secured for Heart of Holbeck proposals

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Leeds City Council’s plans for the regeneration of Holbeck have been allocated more than £15 million, as part of the latest round of investment from the government’s Levelling Up Fund.
The ‘Heart of Holbeck’ plans will deliver transformative change through the renewal of the local high street, transformation of the local community centre and the delivery of improvements to traditional terraced homes. A key strand of the £15.9 million investment is support to local charity Holbeck Together through improvements to St Matthew’s Community Centre where it currently delivers its vital services, and an expansion into the adjoining Old Box Office in partnership with current owner, Leeds Building Society. The regeneration of both sites is set to enable a wide range of new services to be offered, including a gym, cafe, social supermarket, and space for local microbusinesses. There will also be significant investment into the public realm and local environment, uplifting the look, feel, safety and accessibility of public spaces across central Holbeck. This includes significant investment into local retail centre, cycle and pedestrian infrastructure and renewal of the main community park, Holbeck Moor. The investment will also help improve housing conditions for around 200 back-to-back homes, addressing their insulation, safety and external appearance, securing financial contributions from landlords to upgrade some of worst private sector housing conditions in Leeds. Leeds City Council and Holbeck Together will now work with government on a validation process to confirm the funding award. Councillor Helen Hayden, executive member for sustainable development & infrastructure, said: “This is fantastic news, which will allow the council to work closely with the local community to deliver transformative change across Holbeck, regenerating the neighbourhood, delivering 21st century infrastructure and supporting the delivery of services that are really needed there. “There is still work to be done before we can put spades in the ground, but we are committed to working with the government and Holbeck Together to successfully deliver the Heart of Holbeck project.” Elissa Newman, chief officer at Holbeck Together, said: “This is such brilliant news for Holbeck and a real testament to great partnership work between the council and Third Sector. “We were so disappointed when our original funding bid was not approved earlier this year, but we have continued to develop our project with business parties across the city and this announcement comes at the perfect time to allow us to plan for further growth in our offer to the community and to improve vital local facilities. This is a game changer for the future of Holbeck.”

Harworth to develop UK head office for global steel business at Advanced Manufacturing Park

Global steel business Danieli & C has committed to a major investment in the UK with the development of a new headquarters in South Yorkshire. The Italian-based group – which has annual revenues of £3.6bn and designs, builds and installs low emission plants for the steel industry worldwide as well as producing quality special steels – is to build a 47,000 sq ft head office, research and distribution facility in Rotherham. Harworth Group plc will develop the new Danieli headquarters at its flagship Advanced Manufacturing Park (AMP) site, which is already home to some of the world’s biggest manufacturers including Boeing, Rolls-Royce and the UK Atomic Energy Authority. The new facility will occupy a prime location within the AMP next to the McLaren Automotive Composites Technology Centre, with frontage onto the Sheffield Parkway, which connects Junction 33 of the M1 to Sheffield city centre. Work will start on the project this month and will be completed before the end of 2024. The new headquarters will support the further growth of Danieli in the UK with state-of-the-art laboratory facilities, and will increase its distribution capabilities five-fold. Andrew Betts, Managing Director at Danieli UK, said: “Our development of a new headquarters is a landmark moment for the company and a very significant signal of our future growth in the UK. “Danieli has enjoyed stellar growth since it launched in the UK 25 years ago and this major investment to bring all our operations onto a single site further strengthens our ability to support our partners in the UK steel and metals recycling industry as they move towards net zero. “We first opened a 3,000 sq ft site in the Lower Don Valley in 1999 and this move to a 47,000 sq ft headquarters on the prestigious Advanced Manufacturing Park is the latest chapter in our growth story in the UK.” Chris Davidson, regional director for Yorkshire & Central at Harworth Group, said: “Danieli is a world-leader in the supply of high-technology plant and equipment, so we are delighted that they have chosen the Advanced Manufacturing Park as the site of their UK headquarters and appointed Harworth to develop this facility. “The AMP has established itself as an international centre of excellence for advanced manufacturing, with its recent designation as part of the UK Government’s first Investment Zone has helped to cement this reputation further, and we continue to see very strong levels of occupier interest for space at the site.”

Willerby wins ‘most sustainable producer’ award in national competition

Holiday homes builder Willerby has been recognised as the UK’s most sustainable manufacturer at The Manufacturer MX Awards 2023

Willerby CEO Peter Munk said: “We’re incredibly proud to have won such a prestigious national award, recognising the very significant strides we’ve made in our sustainability journey. “We fully accept our responsibility, as a major UK manufacturer, to lead by example in the drive to a net zero economy and that’s why we prioritise sustainability in everything we do. “We’ve introduced major product innovations, to make Willerby holiday homes the most energy-efficient and sustainable in the industry, as well as making substantial changes in our manufacturing and other operations to reduce our carbon footprint. “We’re also working very closely with our customers, partners and suppliers to support their own efforts to drive down their environmental impact. “We’re ambitious to go much further, but this award is a fantastic tribute to the progress we’ve made to date.” Willerby is the UK’s largest manufacturer of static caravans and lodges, building one in three of all holiday homes produced annually. The awards are run by The Manufacturer, the UK’s leading publication focused on manufacturing, in partnership with the Institute of Mechanical Engineers, and are the only peer-reviewed and judged awards of their kind for UK manufacturing.

Manufacturing output falls and order books deteriorate

Manufacturers reported that output volumes fell in the three months to November, disappointing expectations for expansion, according to the CBI’s latest Industrial Trends Survey (ITS). Manufacturers expect output volumes to decline further into the new year. A more subdued outlook for production comes as order books fell to their weakest level since the second COVID-19 lockdown in early 2021. Both total and export order books were reported as below normal in November, to the greatest extent since January and February 2021 respectively. The survey, based on the responses of 232 manufacturers, found:
  • Output volumes fell in the three months to November (weighted balance of -17%, from -6% in the three months to October) and is expected to fall further in the quarter to February 2024 (-7%).
    • Output fell in 10 out of 17 sub-sectors in the three months to November. The decline was driven by the chemicals, mechanical engineering, metal products and metal manufacturing sub-sectors.
  • Total order books were reported as below normal in November and deteriorated sharply from last month (-35% from -26%). The level of order books is well below the long-run average (-13%) and their weakest since January 2021. Export order books were also seen as below normal and deteriorated from last month (-31% from -23%). This was below the long-run average (-18%) and their weakest since February 2021.
  • Expectations for average selling price inflation over the next three months saw little change from last month (+11%, from +7% in October). Selling price expectations were only marginally above their long-run average (+7%), having declined steadily over the last year and a half from the multi-decade high seen in 2022 (+80% in March 2022).
  • Stocks of finished goods were seen as broadly adequate in November (+3% from +4% in October), below the long-run average (+12%).
Anna Leach, CBI deputy chief economist, said: “Manufacturing output has been under pressure recently given the combination of slowing demand and the run-down of stocks of finished goods. This latest data will fuel concerns that the economy is slowing swiftly as the highest interest rates for 15 years take their toll on demand. “The further softening in orders this month is a worry, with order books now in their weakest position since the start of 2021 when the economy was locked down amid the pandemic.”

Could it be described as a Black Friday Autumn Statement?

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James Pinchbeck, partner at Streets Chartered Accountants, reflects on the Autumn Statement. As our seventh Chancellor since 2016 stood up to deliver his Autumn Statement, perhaps the good news was that in contrast to his immediate predecessor, he had run his figures by the Office for Budget Responsibility. Therefore, we hopefully will not experience an aftershock.In the media coverage on the run up to his speech there was much speculation as to what the Statement might include, from reductions in business and income tax to changes in inheritance tax.  Over recent days it has felt that at times they were testing the acceptance of any proposed changes, especially with the electorate, as we are now probably only 12 months away from a General Election.However, it did feel a bit akin to a Black Friday sale, with some 110 measures and announcements to underpin growth, make work pay and increase work/UK productivity.  Overall, a move to hopefully revert the government’s fortune, curtailing the growing shift in support for Labour and perhaps a red wall landslide next year. Whether it will achieve this we will have to wait and see.Whilst as ever the devil is in the detail and it will certainly take time to get through the 110 measures, the key announcements and changes were as follows:
  • The headline grabbing reduction in Employee National Insurance from 12% to 10% – this cut will come into effect from 6th January 2024
  • For the self-employed Class 2 NIC will be abolished with Class 4 NIC to be cut from 9% to 8%
  • Business Rates will continue to be frozen for small businesses and the 75% discount on business rates for retail, hospitality and leisure will be extended for a further year
  • The National Living Wage will increase to £11.44 per hour from April 2024
  • State pension payments are to rise by 8.5% to £221.20 a week, worth almost an extra £900 a year. The triple lock will be “honoured in full”
With business investment in the UK falling behind other OECD countries and with the need to improve productivity to underpin economic growth the announcement that full expensing for businesses to be made permanent must be good news. This will mean that for every £1 a business invests in IT, machinery and equipment they can claim back 25p in Corporation Tax.The Chancellor also announced further changes to Research and Development Tax reliefs aimed at supporting and driving innovation especially in the fields of life science, technology, advanced manufacturing, net zero and digital innovation.A number of our firm’s office locations are set to see a change in their political and governance landscape, with devolution deals announced for Hull and East Yorkshire and the counties forming Greater Lincolnshire.Further afield and including locations from across our practice there was news of the creation of further investment zones and that Freeports and investment zones will be given 10 years of “financial incentives,” rather than five as currently planned.There will also be a further three investment zones in the West Midlands, East Midlands and in Greater Manchester. And finally, whether you are looking to partake in a glass of wine, beer or whatever your tipple to celebrate or otherwise, you will be pleased to hear the duty on alcohol will be frozen until August 2024. For the devil in the detail there is still time to book for Streets Chartered Accountants’ post Autumn Statement webinar which takes place from 11am until 12noon on Thursday 23rd November. Register to join us live and/or to receive a post broadcast recording to watch on catch up.

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ABP Chief Exec takes on Chairman’s role with ports trade association

ABP Chief Exec Henrik Pedersen is to become the chairman of trade association the UK Major Ports Group during the organisation’s 30th anniversary year. He will chair the Board of other member CEOs and provide strategic direction for the organisation as it champions the vital role of the UK’s in ports in facilitating trade, enabling the green energy transition and catalysing the growth of investment and jobs all around the coast of the UK. He said: “I am honoured to assume the role of Chair of UKMPG and grateful for the opportunity to bring to the table all I have learnt at ABP and my knowledge of the global maritime industry. “It’s an incredibly exciting time, but in the face of global competition, our sector can never afford to stand still. UKMPG members are investing, across this country, in new, clean technologies and infrastructure. Putting in place the right enabling policies and regulation to keep globally mobile infrastructure capital flowing into the UK is vital to continue this proud record. And making sure the UK maximises the value, from being a proud trading nation, to taking advantage of the green energy transition.”