Thursday, June 26, 2025

New £600k export fund targets York and North Yorkshire businesses

Businesses in York and North Yorkshire can now apply for a share of a £600,000 grant scheme aimed at supporting international trade.

The programme, called “Get Exporting,” is part of a wider £5 million Business Innovation Fund overseen by the York and North Yorkshire Combined Authority. It’s the second export-specific scheme in the region, following a previous initiative that issued £200,000 in grants and contributed to over £15 million in global sales.

Applications are currently open. A series of in-person advisory events will take place across the region in October, including stops in Tadcaster, Harrogate, Whitby, Malton, York, Catterick and Skipton. These will be staffed by representatives from the Growth Hub and the Department for Business and Trade.

The Get Exporting fund sits alongside other streams in the Business Innovation Fund focused on startups, sector growth, and upcoming initiatives on funding access and product development.

This latest fund complements three other regional programmes launched earlier this year: £10 million for high street regeneration, £7 million for carbon reduction projects, and £2.3 million for workforce development. All are backed by mayoral challenge funding.

Leeds bearings supplier sets sights on South America

A Leeds-based company that supplies bearings worldwide is set to boost exports to South America after securing £500,000 from NPIF II – Mercia Debt Finance, which is managed by Mercia Debt as part of the Northern Powerhouse Investment Fund II (NPIF II). Quality Bearings Online currently supplies manufacturing and engineering firms in over 120 countries, with exports accounting for more than 90% of its turnover. Quality Bearings was one of the first online suppliers of its type when it was set up in 2012, and won the Queen’s Award for Enterprise for International Trade in 2022. Last year it launched a trade sales division, QBOL World, after acquiring the assets of another bearings supplier, Euro World. It has also expanded into a second unit adjacent to its existing premises and achieved a 28% increase in turnover. The business, which is led by Denny Maude and Simon Riley, currently employs 27 staff. The NPIF II funding will provide additional working capital to support its growth plans, which include establishing a new division to serve the aerospace, defence and advanced engineering sectors, and the creation of three new jobs. Denny Maude, CEO of Quality Bearings, said: “By embracing e-commerce, Quality Bearings brought a fresh approach to a traditional industry where sales were handled over trade counters. Our ability to quickly source products and deliver to customers worldwide, often within one to two days, has been key to our success. “Looking ahead, we are focused on continued growth and becoming the number one choice for premium bearing supplies on a global scale.” Gary Whitaker of Mercia Debt added: “Quality Bearings has been a pioneer in the industry and its experienced management team have continued to drive the business forward. “Following a year of heavy investment, in which the company has doubled its floorspace and expanded into trade sales, this funding will enable the team to move on to the next phase of growth.” David Baggaley, economic development programme lead at Leeds City Council, provided business growth advice to Quality Bearings.

High-dispensing village pharmacy sold

Elloughton Pharmacy, near Hull, has been sold. The standard hours pharmacy dispenses an average of 13,700 items per month. It is located on Main Street in Elloughton, which is the primary road that passes through the village and connects Elloughton to the neighbouring town of Brough.
It has been owned by Shariq Hussain since 2012 and was brought to market as he wanted to scale back his portfolio. Following a confidential sales process with Tom Young at Christie & Co, it has been purchased by local operator, Sie Yew Ting, who has four other pharmacies in the area. Shariq Hussain, former owner of Elloughton Pharmacy, said: “Since acquiring the pharmacy back in 2012, it has grown consistently over the past 13 years. I thought I had developed the pharmacy as much as I could, so it was pleasing to be able to sell the pharmacy to Sie who can come in with some fresh ideas. “Being a local operator, Sie will be able to offer a hands-on approach, and I wish him all the best with the business in the future.” Sie Yew Ting, new owner of Elloughton Pharmacy, said: “I was drawn to the opportunity to acquire Elloughton Pharmacy due to its consistent performance and strong reputation within the local community. “It aligns well with the existing pharmacies we have in our portfolio, complementing our commitment to high-quality pharmacies in East Yorkshire. I look forward to building upon the excellent foundation that Shariq has established and ensuring continued success for the pharmacy.” Tom Young, senior business agent – pharmacy at Christie & Co, said: “It was a pleasure to facilitate the sale of Elloughton Pharmacy on behalf of Shariq. I have no doubt that under the new ownership of Sie and his team, the pharmacy will continue to thrive at the heart of the community.”

Lincolnshire’s official tourism body folds amid ongoing financial pressures

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Destination Lincolnshire, the designated local visitor economy partnership (LVEP) for Greater Lincolnshire and Rutland, has ceased operations due to prolonged financial challenges.

The organisation was unable to generate sufficient income to meet its operational costs, leading to the immediate termination of all staff positions. While the operational team has been disbanded, the board of directors will remain in place to oversee the insolvency proceedings.

Destination Lincolnshire had served as a central hub for coordinating tourism strategy across the region, facilitating collaboration between local businesses, councils, and tourism operators. Its closure now creates a gap in the delivery and oversight of regional visitor economy planning.

The future of tourism development in the area will depend on fresh public-private partnerships and establishing a more sustainable funding model to support strategic projects and tourism infrastructure. The organisation’s legacy includes a framework for regional coordination, which stakeholders may need to rebuild or integrate into other structures.

The closure comes as other destination management organisations across the UK also face financial strain. The industry is increasingly dependent on mixed revenue models and government backing.

Farmer confidence drops as economic uncertainty builds

A new survey by the Yorkshire Agricultural Society reveals that confidence among farmers is deteriorating, with 65% concerned about the long-term viability of their businesses. Just 30% expressed confidence in their financial outlook over the next year, and only 24% reported being in a stronger position than a year ago.

The findings, based on 400 responses following the UK Government’s Spring Statement, point to mounting pressure from rising input costs, tax and subsidy changes, policy uncertainty, succession issues, and squeezed profitability. These concerns are prompting the Society to reassess its support strategies for the farming sector.

Despite these challenges, farmers identified key areas of opportunity, including strong livestock prices, renewable energy, business diversification, generational input, and direct-to-consumer sales models.

Wellbeing is also a growing concern: 30% rated their mental health as poor or not good, and 36% said it had worsened over the past year. However, 72% said they would seek help if needed.

The Society has responded with a series of practical support initiatives. These include four business viability workshops attended by 300 farmers, mental health and first aid training for over 40 businesses, and targeted programmes for older and younger farmers. Its Goodall Agri-Development Pathway is now in its second year, helping early-career farmers build leadership and commercial skills.

The upcoming Great Yorkshire Show (8–11 July) will showcase British agriculture and provide a networking and knowledge-sharing platform. Key events will address profitability and wellbeing, and the Society will use the occasion to engage policymakers. Approximately 140,000 attendees are expected, with 8,500 animals exhibited and an expanded innovation zone highlighting the future of farming.

The Society, which reinvests £500,000 annually into farming support, continues to run initiatives including networking events, a small grants scheme, and discounted farmer tickets to facilitate industry participation.

Yorkshire leaders propose £14bn rail overhaul to unlock economic growth

A proposed £14bn overhaul of Yorkshire’s ageing rail network aims to transform transport infrastructure across the region and unlock billions in economic value for businesses and local authorities.

The investment plan, developed by former home secretary Lord Blunkett and endorsed by the mayors of West, South, and North Yorkshire, calls for expanded station capacity at Leeds, Sheffield, and York, the creation of a new mainline station in Rotherham, and a through-station in Bradford to improve cross-regional connectivity. The proposal also includes full electrification of the Leeds–Sheffield line and increased service frequency to areas such as Scarborough, the Esk Valley, and Wakefield’s Five Towns.

The program’s first phase would require £2.4bn in government funding by 2030. An additional £2.5bn is earmarked for new and renewed tram infrastructure across West and South Yorkshire.

The review estimates the investment could add £20bn to the region’s economy over the next decade, create approximately 83,000 new jobs, and support the development of over 200,000 new homes—factors that could benefit businesses through improved workforce mobility, logistics, and growth opportunities.

This coordinated push by the region’s Labour mayors comes ahead of the Treasury’s upcoming infrastructure spending review. Instead of competing for funds individually, the mayors promote a unified regional case under the “White Rose” banner to attract central government backing.

The Department for Transport confirmed reviewing the proposals and reiterated its commitment to northern transport investment. Ongoing projects include the Transpennine Route Upgrade and planning work on Northern Powerhouse Rail. The department has also provided £200m to support West Yorkshire’s mass transit development and prioritised funding to scope a new Rotherham station and renew South Yorkshire’s Supertram network.

The proposed rail upgrades align with broader goals to decentralise transport planning and give local leaders a formal role in shaping the rail network under the upcoming Great British Railways governance structure.

Burberry job cuts impact Castleford factory as council steps in with support

Burberry is cutting 1,700 jobs globally as part of a major cost-saving initiative, with approximately 150 roles at its Castleford manufacturing site in West Yorkshire set to be affected. The reductions follow the company’s £66 million annual loss and are concentrated mainly in the UK, where Burberry’s operational base and most of its workforce are located.

The Castleford redundancies are linked to the planned elimination of night shifts at Coronation Mills on Albion Street. The Wakefield Council has confirmed it will provide support to impacted employees. The council is also seeking further details from Burberry regarding the redundancy process and its plans for local operations.

The job losses are part of Burberry’s strategy to double its annual cost savings target to £100 million by the 2027 financial year. While head office staff in London and Leeds will bear the brunt of the reductions, factory-level changes such as rota reorganisations are underway.

Earlier this year, Burberry received planning approval for an upgrade to the Castleford site, but the announced job cuts now cast uncertainty over the scale of its future operations there. The site is a significant employer in the region, making this development notable for stakeholders in local employment and UK manufacturing supply chains.

Construction commences on 125,000 sq ft Barnsley industrial development

Construction of a new industrial and warehousing development has commenced in Barnsley, delivering three units totalling 125,700 sq ft. Rockingham 36 has been launched as a new development consisting of a trio of detached units extending to 25,560 sq ft, 43,000 sq ft and 56,140 sq ft. Located fronting the A6135 Dearne Valley Parkway, Rockingham 36 is set to reach practical completion in Q1 2026.

The surrounding area near Rockingham 36 is now an established commercial location and is home to occupiers including Evri, The Environment Agency, Talurit and CarSupermarket. The area is also home to a mix of trade and roadside occupiers including Screwfix, Howdens, Starbucks, Costa, BP, McDonalds and Taco Bell. Councillor Robin Franklin, cabinet spokesperson for regeneration and culture, said: “Our Inclusive Economic Growth Strategy outlines how important it is for us to protect and enhance our manufacturing and logistics sectors, which are critical to our local economy. “This new development will deliver high-spec industrial space, supporting more and better jobs for our residents in these sectors as well as adding to Barnsley’s reputation as a great place to do business. “The site is in an excellent location with great links to the M1 at Junction 36, and we’re looking forward to seeing it develop, encourage business growth, provide new employment opportunities and boost our local economy.”

Civil Service expansion signals strategic boost for Leeds business landscape

The UK government will relocate more Civil Service roles to Leeds. According to Councillor James Lewis, leader of Leeds City Council, the move reinforces the city’s growing status as a key administrative and public sector hub outside London.

With over 14,000 civil servants already based in the city, the additional roles are expected to drive local job creation and support long-term career pathways.

Lewis pointed to the Leeds Health and Social Care Hub as a model for integrated collaboration between central government, the NHS, local authorities, and academic institutions, highlighting the city’s capacity to deliver public services in partnership with other sectors.

The presence of key institutions, including the Financial Conduct Authority, the Bank of England, and the National Wealth Fund, further underlines Leeds’ prominence. These developments position Leeds as an increasingly important location for organisations working with or supplying services to government bodies, especially in health, finance, and infrastructure.

AI triage tool developed by Vet-AI outperforms major models in clinical test

Vet-AI’s automated veterinary triage tool has outperformed OpenAI’s ChatGPT and Google’s Gemini in clinical testing, positioning the UK-based startup as a key player in AI-powered animal healthcare.

In a blind assessment conducted in April 2025, independent veterinarians reviewed 48 simulated chat transcripts between pet owners and three AI systems: Vet-AI’s proprietary model, Gemini 2.0, and ChatGPT 4.0. Each response was evaluated for clinical accuracy, triage effectiveness, and qualitative factors such as factual reliability, safety, empathy, and clarity.

Vet-AI’s model achieved 81% clinical accuracy, ahead of Gemini’s 69% and ChatGPT’s 50%. On triage accuracy, the model’s ability to stop escalation at the appropriate time, Vet-AI also led with 81%, compared to Gemini’s 75% and ChatGPT’s 56%.

The performance edge is attributed to Vet-AI’s domain-specific training. The model is built on over 400,000 UK veterinary video consultations and draws on more than four billion data points. It continues to be updated in real time with feedback from veterinary professionals.

The company positions this tool as part of a broader strategy to make veterinary care more affordable and accessible at scale, especially for pet owners facing limitations in accessing traditional clinics.