Construction work to begin after Albion Square CDC plans approved
Lloyds Banking Group appoints new Ambassador for Yorkshire and the Humber
Lloyds Banking Group has appointed Mark Burton as its new Group Ambassador for Yorkshire and the Humber.
Mark will work with local politicians, businesses and community networks to tackle some of the core challenges facing the region.
He’ll drive the Group’s efforts to help more people across Yorkshire and the Humber access a secure home, bringing together policy makers and the industry to deliver more social housing. Together with its charity partner Crisis, the Group is calling for one million more homes at social rent within the next ten years.
Mark Burton, Group Ambassador for Yorkshire and the Humber, said: “We’ve been part of the furniture in Yorkshire and the Humber since 1852. Now, with over 2 million personal and business customers in the region, we have a pivotal role to play in helping Yorkshire and the Humber prosper.
“I’m committed to being a vocal supporter of everything that Yorkshire and the Humber has to offer and I’m looking forward working across our community to help our region thrive.”
Mark will also focus on bringing the expertise of the Group to bear on areas such as driving economic growth, the transition to net zero and the financial resilience of Yorkshire and the Humber’s people and businesses.
Mark lives in York and has worked at Lloyds Banking Group for almost 16 years. He will bring a wealth of experience of working with, and advising, some of the UK’s most significant institutions, such as universities. In his current role as Head of Regions, Mark has been at the forefront of the Group’s work on regional development, an area he will continue to focus on as Ambassador.
Outside of his work for the Group, Mark is also an associate non-executive director at Leeds Teaching Hospital NHS Trust.
7 subtle ways to make your company culture stand out
Open up communication
Making work a setting where individuals feel comfortable communicating can boost morale. Whenever possible, foster an environment that values honest feedback. Feedback sessions between employees and management can foster continuous improvement and mutual respect by making employees feel heard and respected, as well as helping management understand their team’s beliefs and motivations. Regular open forums where anybody may discuss workplace culture, projects, and processes can promote free discourse and community belonging. These forums can help people overcome challenges and brainstorm business growth. Your office can also include anonymous suggestion boxes. These, whether digital or physical, are helpful for eliciting people’s perspectives who may not feel comfortable speaking up in public. These suggestion boxes allow staff to voice ideas and issues without fear of being judged or “singled out” from the crowd. Opening communication can boost employee engagement and collaboration, making the workplace more productive and peaceful.Flexible work arrangements
Today’s workforce values workplace flexibility, and there are many ways to provide it, each with its own benefits. Allowing employees to work remotely, from home or elsewhere can raise morale and reduce stress. Recognising employee needs and preferences promotes a healthier work-life balance. If your business model permits, give your personnel more scheduling flexibility to work when they’re most productive. Employees will be happier and more engaged if they can schedule their work around their obligations, and at times when they feel most inspired and energetic. Work-life balance is crucial to employee health and satisfaction, and various instances of research have shown that workplace flexibility boosts productivity and reduces absenteeism. These types of arrangements can show employees that you trust them and are willing to meet their needs, earning their loyalty and respect.Professional development investment
Online courses and qualifications are a great way to enhance staff members’ skill sets and knowledge bases. Employers can look to funnel some of their budget into providing memberships to top educational platforms, or paying for online seminars and workshops. Similarly, encouraging mentorship ties inside an organisation can help with knowledge transfer and career development. Employees can learn from more seasoned coworkers and improve their own career navigation through mentorship programmes – what’s more, this is a great way to get staff members engaging with one another in a productive and engaging way that could foster genuine bonds of trust. Giving each employee a learning and development budget empowers them to take charge of their own progress and direction in your company. This money could cover conferences, certificates, and specific training. Give employees the “keys” to their career growth and let them pursue learning opportunities that meet their interests (preferably in a way that suits your business goals).Recognise success
To encourage and retain your staff, you may want to make efforts to recognise and reward team members for their contributions. There are innumerable ways to do this, and some work better than others. Encourage employees to acknowledge the accomplishments of their coworkers through a peer recognition platform. This helps to create a more positive work atmosphere, and encourages a culture of vocalised gratitude. Meetings on a regular basis or a digital platform might both serve as facilitators for such programmes. Extra vacation days, public recognition, or chances for professional development are examples of non-monetary incentives that can have a big influence. Workers will feel appreciated because these prizes can be personalised to their requirements and tastes, showing them that you, as an employer, recognise and value them as an individual, not just another “cog” in the machine. No matter how big or small, it’s important to celebrate both individual and team accomplishments and milestones. This will raise morale and inspire people to keep working hard. There is a wide spectrum of celebrations, from handwritten messages of gratitude to extravagant team parties. Organisations can motivate their staff to keep performing well and committing to the company’s objectives by establishing a culture that frequently acknowledges and rewards accomplishments in a genuine and meaningful way.Promote wellness
Workplace wellness programmes should promote employees’ physical, mental, and emotional health. Your employees will be more productive, creative, and happy at work if they lead healthy lifestyles. For the body, offering gym memberships or cash donations encourages staff to be active and healthy, improving wellness and productivity. Ergonomic furniture and tools help reduce physical strain and long-term health issues, showing your commitment to employee well-being. Supporting mental health days, reducing stigma, and enforcing work-hour limitations for all employees helps create a healthy work environment. Companies that emphasise health can help employees find a better balance, which enhances their satisfaction at home and at work and their productivity.Encourage relationships
Fostering workplace social interactions improves teamwork and employee satisfaction. Your workforce may have a diverse set of values, interests, and qualities, making this a tricky – but by no means impossible – environment to traverse. You can’t force people to like one another, but there are some things you can do to encourage the natural development of social relationships. Lunch-and-learns or interest-based groups can help employees bond without the demands of formal events like a workplace Christmas party. Outside of a structured setting, creating “breakout” spaces for leisure or casual talk can help team members relax and open up, leading to better bonds and more unplanned encounters. Don’t underestimate the power of a ping pong table! Promote a supportive and inclusive workplace to boost morale and belonging. Instead of talking about work, encourage your workers to talk about their personal lives, interests, and ideals to build camaraderie and deeper understanding. Team members should feel valued and included, and generating a welcoming culture can promote a more cohesive and supportive workplace.Lead by example
Leadership has an enormous effect on company culture. When leaders model the behaviour they want to see filter through their business, they set the tone for everyone to follow. A leader’s dedication to the company’s principles and culture might be best shown by taking the lead in implementing the changes they promote. A leader’s example can motivate followers to do the same, whether that’s through vulnerability, open communication, or taking part in professional development opportunities. A culture of trust and open communication may flourish when leaders set an example by being vulnerable and honest about the struggles they face. When workers feel their opinions matter, they are more likely to voice them. When leaders set a good example, they inspire their teams to do their best work by creating an environment of mutual respect, trust, and constant progress.Conclusion
In closing, if you want your employees to be happy, stay, and productive, it starts with the creation of a pleasant work environment. From encouraging open communication and providing flexible work arrangements to setting a good example to your staff, all of the tactics discussed in this article aim to improve workplace culture in a genuine and successful way. Businesses should take it slow when introducing new policies and procedures, testing several approaches to see what works best for their employees. By taking baby steps and providing constructive criticism, you may make changes and encourage a growth mindset.Company pulls plug on York’s scooter and bike hire service
Bike and scooter hire company Tier has told City of York Council that it won’t extend its contract and will end its E-Scooter and E-Bike trial in the city at the end of May.
Charity Commission fires bankers a broadside over poor service
“We have worked behind the scenes with banks to improve the service they provide to charities. So far, I have been disappointed with their response. I hope this new research sends a message to the CEOs of high street banks that change is needed now.”
Her comments are based on a survey which found the following, with some charities experiencing more than one problem:- Four in ten charities had poor service from their bank
- 32% of respondents faced issues when trying to update their charity’s contact details or signatories
- 18% had difficulty trying to open a new bank account
- 15% found it challenging to comply with identity requirements set by their bank
- 14% found it difficult to understand what their bank required of them
- 6% of respondents confirmed that they had experienced account freezes or being blocked out over the past year.
- 7% of respondents reported that their bank had lost their records.
- Risks to the provision of charitable services, resulting from charities being unable to meet financial obligations, such as paying staff
- Unsafe banking and financial practices, for example the use of trustees’ personal bank accounts to meet financial obligations, a direct contravention of the Commission’s guidance
- Longer-term impact on morale of volunteer trustees – anecdotal evidence demonstrates some trustees have resigned over frustrations around disruptive banking services.
Space Hub Yorkshire gets share in £500k from UK Space Agency
“Hot off the heels of the Chancellor’s Budget boost for Low-Earth Orbit satellite manufacturing in the UK, these new projects will help catalyse investment, increase collaboration and boost prosperity across the country.”
Family-owned construction firm promotes three to board
Streets Chartered Accountants reflects on the Spring Budget
Post Budget Webinar
Today Streets hosted its post Budget webinar in which it provided details of the announcements along with an update on topical issues affecting business clients and private individuals for the new tax year 2024/25.
This presentation was recorded and is now available on demand for those who weren’t able to join live. Click here to catch up.
A Budget built on loss leaders or a leadership that might have lost its way? Was it more ‘Middle Lidl’ than Middle England? The headline grabbing announcement from the Chancellor Jeremy Hunt’s Spring Budget, and perhaps his last before an election, was the 2% cut in rate of National Insurance. This second cut follows a similar cut given in last year’s Autumn Statement and comes with an election looming. Read more.More families will be eligible for Child Benefit
What has previously been thought to be an unfair system, with eligibility for Child Benefit being withdrawn when one parent earns more than £50,000, now sees a welcome change.Read more.
Guide to The Spring Budget 2024 The 2024 Spring Budget contained some important announcements and confirmed a number of changes planned for the new tax year. Following this, Streets put together a report containing the latest tax and financial information, which is available to download using the link below. Currently, if one partner earns more than £50,000, child benefit starts to be gradually withdrawn, and where the individual earns more than £60,000, they do not receive child benefit at all.Mayor reveals tram ambition to link Leeds and Bradford
Technology distributor expands into major new Yorkshire base
Exertis, the technology distribution and specialist service providers, has relocated its Yorkshire base to a major new distribution centre on the M62 corridor at Lowfields Business Park in Elland.
In an off-market transaction, Exertis has expanded into a modern high specification distribution facility totalling 127,000 sq ft, which was previously occupied by online electronics and consumer goods retail giant, Buy It Direct.
Exertis, which is part of FTSE 100 listed DCC plc, has taken over Buy It Direct’s existing lease which runs until December 2031. The move has enabled Buy It Direct to consolidate its distribution centres, to improve efficiencies across the business, and relocate products into its existing distribution facility at Trident Business Park in Huddersfield.
Buy It Direct was advised on the deal by Leeds based property consultancy, GV&Co, alongside joint agent, Huddersfield’s Hanson Chartered Surveyors.
Nick Glynne, CEO of Buy It Direct, said: “Consolidating our warehousing and distribution centres will create significant efficiencies within our business, which will ultimately further enhance the level of service that our customers enjoy. We’re particularly pleased to complete this deal in such a timely manner, which was helped by the willingness and flexibility of all parties involved.”
Paul Mack, director at GV&Co, said: “To conclude this transaction within six weeks of being instructed, which was by no means straightforward, was an almighty effort. We are delighted to achieve such a fantastic result for our client, Buy It Direct, as well as being able to facilitate the continued growth of Exertis Supplies.”
Mark Hanson, of Hanson Chartered Surveyors, added: “This was a herculean effort by everyone involved to make it work in such a tight timeframe, but we’ve succeeded to everyone’s advantage, and I’m thrilled that we could pull it off for Buy It Direct and Exertis Supplies.”
GV&Co and Hanson Chartered Surveyors represented Buy It Direct alongside Levi Solicitors, whilst Pannone Solicitors represented Exertis.