Green hydrogen pioneer establishes Sheffield base

Global green hydrogen pioneer Lhyfe has expanded its UK operation to South Yorkshire. The France-based multinational has opened a Sheffield office to identify opportunities to deploy production facilities to support businesses and organisations in the drive to net zero. Lhyfe chose Sheffield for expansion due to its “exceptional supply chain potential and strong industry connections, as well as ongoing world-leading hydrogen research.” The company, which already has a base in Newcastle, is actively exploring various production sites and partnerships nationwide. The new Sheffield office in the Wizu Workspace in the city centre will be headed up by renewable energy expert Stuart Sinclair. Stuart Sinclair, Offshore Deployment UK and Ireland at Lhyfe, said: “At Lhyfe, we are already demonstrating that green hydrogen is now a reality and a key driver of the clean energy transition. Sheffield is at the epicentre of the development of the UK’s hydrogen economy and we look forward to playing our part in its growth. “The city boasts exceptional supply chain potential and strong industry connections, as well as ongoing world-leading hydrogen research and development. We’re excited to offer our expertise to potential partners and fast-track the shift toward a sustainable future.” Colin Brown, UK and Ireland Country Manager of Lhyfe, said: “Renewable green hydrogen production offers significant decarbonisation options for a range of organisations, and there is extraordinary potential in Sheffield. “This new office is in line with our ambitious UK deployment plans and we felt it was the right time to establish a base here. I firmly believe creating regional green hydrogen eco-systems should allow everyone to benefit, in a way that is open to all while ensuring regional economies of scale.”

South Yorkshire employers to get easier access to skill system after £4.2m grant

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Colleges and training providers across South Yorkshire have worked in collaboration to secure an investment of £4.2 million from the Local Skills Improvement Fund to support a step change in the skills provision needed to transform the regional economy and drive a high-tech future. The funding programme will be used to make the skills system more accessible to employers, to remove barriers that are currently making it difficult to recruit apprentices, to raise the level of digital training offered by our providers, and to ultimately improve the opportunities and prospects that are available to residents. In this sense, it will be vital in addressing many of the priorities that were identified by the South Yorkshire Local Skills Improvement Plan (LSIP) earlier in the year. Reacting to this positive development, the South Yorkshire Chambers in Doncaster, Sheffield, and Barnsley & Rotherham issued this joint statement: “When it comes to skills, there is a great deal that we should be proud and appreciative of here in the region. After all, we are home to three brilliant University Technical Colleges — with another one on the way — all of our further education providers are ranked Oftsed good or better, and we benefit from a number of strong and highly effective partnerships. “Yet this crucially does not mean that there isn’t room from improvement. Indeed, we should always aspire to better ourselves and know that this is a view shared by many of our partners across South Yorkshire. “In fact, those very same education providers that we just mentioned were absolutely instrumental in the development of our South Yorkshire LSIP and constructively engaged with the project right from the beginning. They did this because they too realise the importance of being agile and responsive to the needs, not just of their learners, but also of local employers. “We therefore welcome this additional funding from the Department for Education, as it will help bring many of the recommendations from that LSIP to fruition and help colleges and universities to fulfil their laudable ambitions. “Learners will be afforded new opportunities to develop the skills they need to thrive in the modern workplace  — particularly embracing digital technology —while businesses will be able to harness the resulting talent to innovate and grow towards a more prosperous future. “To reiterate, it is of vital importance that we have a skills system in the region that meets the needs of both local employers and learners. While we already have some fantastic provision in that respect, we believe that this investment from DfE will help take it to the next level and we have already commenced work with our excellent providers to realise the full value of the investment and meet our ambitions for South Yorkshire .”

Scunthorpe plumbing and heating firm wins caring for the community award

Scunthorpe-based Hales and Coultas Heating and Plumbing has won an award for its work in supporting people and causes. The Caring for the Community category is part of Quality Plumber Week awards, led by the Association of Plumbing and Heating Contractors. It recognises organisations that go above and beyond to help and support their neighbourhoods. Hales and Coultas was praised for its work in giving back a proportion of profits to support small organisations each year. During 2021-2022, the team donated over £15,000 to support different projects. This has benefitted an allotment project, which aims to create pride on estates and boost mental health and wellbeing through practical gardening skills. The donation also supported a ‘Raising Aspirations’ project which employs Youth Mentors to work with young people to inspire and encourage them to grow to their full potential as involved members of our community. A £10k donation was made to Scunthorpe Imps amateur boxing club, as they were at risk of closure, and during the Covid lockdown, the team also took on the role of delivering care packages to those most in need, with more than 100 people benefitting from this service. Michelle Mills, then company’s General Manager, said: “We are delighted to have been formally recognised by The Association of Plumbing & Heating Contractors at the Quality Plumber Week Awards. “Caring for the community is something we pride ourselves in doing, so to win this category is amazing. We’ve supported lots of different community projects now that are having a big impact in our local communities, so it’s brilliant to be formally recognised for doing so.”

Family firm from Clapham wins E-Tailers award

North Yorkshire country clothing brand Glencroft has won the Small Retailers and E-Tailers Family Business of the Year Award at the Yorkshire and Humberside Family Business Awards 2023. Based in Clapham, the Glencroft brand run by parent and son trio Justina, Richard, and Edward Sexton had been shortlisted in two categories: Wholesaler Family Business of the Year and Small Retailers and E-Tailers Family Business of the Year. Edward said: “We were thrilled to win at the Yorkshire and Humberside Family Business Awards. It is testament to the hard work of my parents, who founded the business in the 1980s, and the team around us who contribute every day towards making Glencroft the successful family business it is today. “As times have changed so has our business model, which has seen us launch an e-commerce website to grow our customer base and revenue, whilst further developing our trade relationships – both in the UK and abroad. This has helped us to grow the business and future proof its success, whilst continuing to manufacture the high-quality clothing and accessories our customers know and love. “While the move online has been been a key growth strategy for us, we are aware that online retailing can be quite an impersonal way of purchasing. As a family business we try to connect with our customers as we would a friend, with each online purchase packaged up with a handwritten note from us. By doing this we add that personal touch to the buying experience, which really helps to set us apart from other brands.” Dave Clarkson and Sue Howorth, co-founders of The Family Business Community, said: “We always want to create an unforgettable experience for all attendees, and bringing the awards to Harrogate this year, added an extra layer of magic to the occasion. The turnout was our largest to date and felt a fantastic energy in the room which was incredible. “We’re so grateful for everyone who came out to support the awards and recognise the hard work and dedication of our Yorkshire and Humberside family businesses. It was truly an unforgettable night for everyone in the room.”

Streets Chartered Accountants covers the Autumn Statement, Corporation Tax and VAT Funding Solutions, business insolvencies, and more in new news roundup

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Streets Chartered Accountants covers a recent merger, the Autumn Statement, Corporation Tax and VAT Funding Solutions, business insolvencies, and more in its latest monthly news roundup. The merger of two leading accountancy practices is a welcome boost to Bristol, the South West and beyondStreets its delighted to announce the establishment of Streets Steele Chartered Certified Accountants. The announcement follows the merger of the award-winning Bristol practice, Steele Financial with Streets. When asked about the merger, Ben Steele, now Managing Director of Streets Steele, said: “Having started Steele Financial only six years ago we have experienced significant growth and as such, in line with the advice we give our clients, we recognised the need to develop our practice to service growing demand.”

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Webinar: The Autumn Statement 2023Following Chancellor, Jeremy Hunt’s Autumn Statement on Wednesday 22nd November, colleagues from Streets Tax and its financial services team will present on the announcements made along with providing an update on topical issues affecting business clients and private individuals during this tax year 2023/24. This presentation will be recorded and available on demand for those not able to join live. Simply register to receive a link to watch on demand.

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Corporation Tax and VAT Funding SolutionsWhether your Corporation Tax payment is looming or your VAT payment is approaching and you are looking at managing your cashflow and working capital, then it might be worth considering a tax funding solution. What is tax funding? Tax funding is a finance option enabling businesses to fund their VAT or Corporation Tax over monthly affordable repayments rather than paying HMRC in one go, giving more flexibility, aiding cashflow and providing you with additional working capital to use as and if required during the year.

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Podcast: Business insolvencies are on the rise – how to manage your exposureIn this episode of The Streets Sessions, Andrew McTear, a director with insolvency and business restructuring specialists McTear Williams Wood, talks about the rising number of business insolvencies, what directors need to consider and how to manage their exposure should their business be struggling or be facing increased bad debts.

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Event: Going Global ConferenceStreets’ international association, SBC Global Alliance, is delighted to support this event, with Marketing Partner, James Pinchbeck, as host. Are you eager to expand your horizons and explore international markets? Whether you’re embarking on your exporting journey, expanding into new markets, or delving into imports from international suppliers, this Going Global Conference is tailored to guide you on your international business ventures. Whether you’re a seasoned exporter or just starting your international journey, this event is crafted to equip you with the tools and insights needed to excel in the ever-expanding global business landscape.

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Are we facing a meteoric rise in mediocrity?How often, especially if you are on LinkedIn, have you seen a post or received news that someone you know has been promoted? How often does such promotion seem to be a somewhat significant step up or change from an existing role? Whilst a career trajectory from assistant to a C suite role in a matter of a few years might seem unplausible, it does seem increasingly possible. It seems gone are the days that one’s career progression is based on a number, if not many, years of work and being mentored and supported by a more senior person, with such progression dependent even on the retirement of the person in the role above.

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Cabinet to approve plans to transform dormant Canklow site into supported accommodation and council homes

Rotherham Council leaders are poised to agree to plans to transform a dormant site in Canklow into a day centre, supported accommodation for people with support needs and 13 new council homes.

Cabinet Members will consider proposals to develop a new investment of £1.9 million for accommodation for people with complex support needs, which includes a seven-bedroom property and two two-bedroom apartments, and 13 council homes on Warden Street. They are also set to agree increased investment of up to a total of £6.4 million to build and fit out Castle View, a modern, purpose-built day centre to provide day opportunities for people with high support needs. The 13 new council homes will comprise of 12 two-bedroom apartments for older people and those with a health need, along with a four-bedroom home suitable for wheelchair users. The homes will occupy a site that has stood empty for a number of years, following its clearance in 2009, after which the Government’s Housing Market Renewal funding to redevelop the area was cut. Councillor David Roche, Cabinet Member for Adult Social Care and Health, said: “The council is committed to developing and delivering services closer to home for people with more complex and specialist support needs. “This development will deliver modern, purpose-built facilities that more effectively meet people’s needs, enabling better life outcomes for people to lead safe, well and independent lives.” Deputy Leader of Rotherham Council, councillor Sarah Allen, said: “The council is committed to supporting residents with their housing challenges, including providing new affordable and high quality council homes for local people to rent. “Our commitment is to deliver hundreds of new council homes, and this development on Warden Street will contribute towards the goal, whilst also helping to improve the area. It is therefore vital that the council continues to look at all opportunities to provide affordable homes for residents.” Once approved by Cabinet, these plans will be subject to planning permission approval. The decision is due before Cabinet on Monday 20 November.

York and North Yorkshire visitor economy to be promoted with launch of new partnership

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Tourism businesses in York and North Yorkshire are to be given more support with a new vision to help to ensure that the multi-billion pound visitor economy reaches its full potential. A joint bid for a Local Visitor Economy Partnership (LVEP) for both York and North Yorkshire has been approved, paving the way for a far more co-ordinated and strategic approach to promoting the tourism sector. Local Visitor Economy Partnerships have been introduced as part of the Government’s response to an independent review of how the nation’s visitor economy is co-ordinated and promoted and have the potential to draw in additional support and funding from Westminster. It is hoped that the new partnership, which has been approved by a panel involving the VisitEngland tourism organisation and the Department for Culture, Media and Sport, will ensure that the greatest benefits are achieved for both York and North Yorkshire’s visitor economy. Tourism is worth more than £3.2 billion each year in York and North Yorkshire, and in excess of 60,000 workers are employed in the sector. Council leader, Cllr Carl Les, said: “This announcement marks a watershed in the way we can help promote the visitor economy in both York and North Yorkshire. “We know only too well how valuable the visitor economy is, providing jobs for tens of thousands of people and attracting visitors from across the globe. “It is particularly important for North Yorkshire, as we now have the opportunity for a countywide strategy to promote the visitor economy following the launch of North Yorkshire Council in April.” The announcement of the Local Visitor Economy Partnership is the latest indication of an increasingly close working relationship between City of York Council and North Yorkshire Council with the prospect of a devolution deal and a combined authority. City of York Council’s leader, Cllr Claire Douglas, said: “Known around the world as ‘God’s own county’, York and North Yorkshire are blessed with an incredible experience for anyone wanting to visit and enjoy our region. “Our amazing range of independent businesses and SMEs within the tourism and hospitality sector provide unique services and experiences for visitors, along with a huge range of flexible and interesting roles for people working in the industry. “We will continue to work closely with our colleagues in North Yorkshire to develop this essential industry for our region, to provide as much support as we can to help it grow sustainably, build more resilience and deliver improved pay, terms and conditions and productivity for its workforce.” Local Visitor Economy Partnerships involve both the private and public sectors and will need to follow a new national process to be eligible for support and potential funding from the Government. Established destinations in York and North Yorkshire, such as the coast, the Yorkshire Dales, the North York Moors, Harrogate and market towns, are due to be supported through the proposed Local Visitor Economy Partnership. A draft destination management plan for North Yorkshire and a proposed tourism strategy overseen by Make It York formed the foundations for the bid. Both documents will be considered by the relevant council executives by the start of next year. The York Tourism Advisory Board is currently developing the city’s new tourism strategy alongside Make It York, City of York Council and the York BID. The board’s chair, Brendan Paddison, who is also Associate Professor and Associate Dean at York St John University, said: “Achieving Local Visitor Economy Partnership status is a brilliant outcome for York and North Yorkshire. “This will support Make It York and City of York Council to continue to position York as a leading destination, and working with North Yorkshire Council and the new mayoral combined authority, to advocate for the importance of tourism to the city and region together.” There is a significant crossover in the priorities of the draft strategies for both York and North Yorkshire, adding even greater weight to pursue the joint bid. Both of the proposed plans are looking to promote a year-round visitor economy, while ensuring that it is heavily themed on sustainability and that the industry can thrive alongside communities living in York and North Yorkshire. It is hoped the promotional drive will ensure visitors stay for longer and explore more of what York and North Yorkshire have to offer, while attracting more people to travel from overseas.

Ground broken on South Yorkshire aerospace manufacturing innovation facility

Industry, academia and government leaders gathered in Sheffield yesterday (November 15) to break ground for a University of Sheffield AMRC innovation facility and research project led by global aerospace company Boeing, which will put South Yorkshire at the forefront of UK aerospace manufacturing. The Composites at Speed and Scale (COMPASS) research facility will house the Boeing-led Isothermic High-Rate Sustainable Structures (IHSS) project dedicated to developing and testing new technologies needed to meet future demand for lighter commercial aircraft and help the aviation industry’s commitment reach net zero by 2050. The combined £80 million COMPASS facility and IHSS project, announced earlier this year in partnership with Loop Technology and Spirit AeroSystems, is jointly-funded by industry, key stakeholders and the UK Government’s Aerospace Technology Institute (ATI) Programme; a partnership between Department for Business and Trade, ATI and Innovate UK. The undertaking will initially create around 50 jobs in South Yorkshire and, based on forecasted aircraft demand, has the potential to create up to three thousand UK jobs long-term, and around £2 billion annually in export opportunities. Steve Foxley, chief executive officer of the University of Sheffield Advanced Manufacturing Research Centre (AMRC), said: “Today is a very important moment for the AMRC, our partners, funders and the region as we mark the first steps to build our Composites at Speed and Scale (COMPASS) facility and deliver on a vision to put South Yorkshire at the forefront of UK aerospace and composites manufacturing research and development.” He added: “COMPASS shows that collaboration really is the cornerstone of innovation, bringing together the strengths of industry, academia and government to develop production technologies that currently do not exist and turn them into future capabilities that can enable lighter aircraft and more sustainable flight. “The facility, and the research that will take place there, provides an exciting opportunity to unlock the economic potential of South Yorkshire, by creating high-skilled jobs, attracting regional investments and adopting world-class technologies to deliver a step-change for advanced manufacturing research in the UK.” Maria Laine, president of Boeing in the UK, Ireland and Nordic region, said: “Boeing is firmly committed to investing in innovations that help meet future demand for commercial air travel, while also supporting decarbonisation efforts. By harnessing the collective strengths of our local partners alongside the expertise and quality found in the UK’s advanced manufacturing sector, this project will turn ideas into real-world innovations, benefitting the region and also the global aerospace industry.” The £80m investment includes a £29.5m grant from the UK Government’s Aerospace Technology Institute (ATI) Programme for the latest, state-of-the-art equipment for the broader benefit of aerospace and other industries; and £20m for the building backed by the South Yorkshire Mayoral Combined Authority (SYMCA), Sheffield City Council, University of Sheffield and the High Value Manufacturing Catapult. The tender for the construction work for the building has been awarded to Henry Boot Construction. The facility is expected to be complete by the end of 2024.

Kingswood Allotts names new associate director of tax

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South Yorkshire accountancy practice Kingswood Allotts has strengthened its senior management team with the appointment of experienced tax specialist Luke James. The move is part of the firm’s future growth plans and, in his new role, Luke will head the company’s specialist tax and compliance division where he will be responsible for overseeing the growth and development of the firm’s specialist department as well as delivering a comprehensive range of business and financial management services to private clients and owner-managed businesses across the UK. Luke joins Kingswood Allotts having previously held a senior management position at a well-known Sheffield-based accountancy practice, where he led and managed a team of accountants and tax advisers, as well as contributing to the growth and development of the business. Luke is one of just a few individuals based within the region to have successfully qualified as both a chartered accountant and chartered tax adviser. Luke James, associate director of tax, Kingswood Allotts, said: “Kingswood Allotts is a well-known and well-regarded accountancy practice that has been serving businesses and individuals across South Yorkshire for nearly a century. “I am excited to be joining the business at this time and looking forward to contributing towards the company’s future growth plans. “With many businesses facing increasingly complex and challenging rules, the need to access specialist expertise has never been greater, and one of the things that has struck me about Kingswood Allotts is that it is a business that not only looks at the challenges its clients are currently facing, but also looks ahead and helps them to prepare for the future by combining practical support alongside strategic advice.” Tim Baum-Dixon, Chief Executive, Kingswood Allotts, said: “Luke is one of the few people based in the region to have spent time in his career working in both tax and compliance, as well as general accountancy. This combination, coupled with the many achievements he has enjoyed during his career, makes him a valuable addition to the Kingswood Allotts team. “Tax is an important area for every business, and many have faced unprecedented change when it comes to fulfilling their legal obligations. With future plans to overhaul more areas of the tax system set to bring about additional complexity, in his new role, Luke will help businesses to not only understand their responsibilities, but drawing on his wealth of knowledge and expertise, he will help more businesses to plan ahead.”

Humber Freeport attracts £1bn of investment

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Humber Freeport tax sites have already attracted £1bn of investment which will create up to 600 jobs across the region, a major decarbonisation conference has heard. Humber Freeport’s Interim CEO Simon Green told an event during The Waterline Summit that “tangible success” is already being seen at tax sites in Hull and Goole. Major investments announced have included Finnish company Metsä Tissue’s plans to build the UK’s largest tissue paper mill in Goole, creating more than 400 jobs on site. At Saltend Chemicals Park – part of the Hull East tax site – Pensana is investing more than £150m in a rare earth processing facility, while Meld Energy plans to invest £180m in a green hydrogen production facility at the site. Mr Green joined a panel of experts on the final day of The Waterline Summit, discussing the importance of innovation and collaboration across the region to drive clean growth. He said: “The success we have already seen across our freeport sites has been very tangible. Investments totalling around £1bn have been announced, which will create up to 600 jobs in both Hull and Goole. “Crucially, those investments are innovation-led, from companies across the world who are bringing new skills and technologies into the region. “Collaboration is a key measure of success in freeports and what we’ve created across our sites in the Humber is a portfolio which meets the investment needs of the region – from advanced manufacturing and engineering to decarbonisation and clean energy projects.” Mr Green also praised the collaboration between freeport site landowners who have “complemented each other” and brought forward development sites with distinct and unique opportunities for investors. He said stakeholders involved in Humber Freeport were aligned on its three key objectives – to drive clean, low carbon growth, the creation of new skilled jobs, and to become a testbed for innovation and emerging technologies. Mr Green spoke on The Waterline Summit panel alongside Harry Jones, Freeports Programme Director at the Department for Levelling Up, Housing and Communities. Mr Jones and representatives from the Department for Levelling Up, Housing and Communities, HM Treasury and HM Revenue & Customs visited the Humber for a two-day tour of the freeport tax and customs sites in Hull, Grimsby, Immingham and Goole. They also spoke to major investors and stakeholders, including businesses which are receiving a share of £25m seed capital funding awarded by Humber Freeport. The Humber Freeport Board recently signed off on funding for seven projects across both banks of the estuary, supporting major new facilities that will accelerate the decarbonisation of the Humber, which is critical for the Government to meet its net zero ambitions. Projects to receive funding include a new Humber Industrial Decarbonisation Centre in North East Lincolnshire, run by industry-led partnership CATCH, and Ideal Heating’s UK Technology Centre in Hull, supporting the manufacturer’s transition to low carbon heating solutions including heat pumps. Mr Jones said: “The path to net zero has to go through the Humber. That is not going to change and the tools we have available to us in the freeport are critical to that energy transition. The scale of opportunity – and need – for investment in the Humber is huge in the drive to net zero. “We need to make sure the momentum we have already generated continues and accelerates. When it comes to the energy transition, there is perhaps no freeport in the country with a more significant role to play.” Delivered by Future Humber and the University of Hull, The Waterline Summit highlighted the Humber region’s vital role in leading the UK’s transition to net zero. Summarising his thoughts at the panel event, Mr Green said “the time is now for the Humber,” with freeport status providing exciting opportunities for growth across the region. The Government visit to the Humber also featured a roundtable discussion held at the Associated British Ports (ABP) offices in Hull, hosted by Humber Freeport Chair Simon Bird, who is also ABP’s Humber Director. Mr Bird said: “The Government visit provided an opportunity to showcase the breadth of inward investment which is already being made by global companies across Humber Freeport sites. “Freeport status has brought with it a renewed sense of aspiration and ambition, with innovation at the heart of what we’re trying to achieve here in the Humber. “As the pre-eminent energy cluster in North West Europe, the investments we are seeing in the region align around a key message – to tackle the climate crisis and transition to a net zero economy, the Humber must be at the very forefront.” The Government delegation was also shown around Siemens Gamesa’s offshore wind turbine blade factory at Alexandra Dock in Hull, which is a Humber Freeport site. The company is investing more than £180m to expand the Hull facility.