Uber expands shared-ride service across UK cities, excluding London

Uber is extending its UberX Share ride-sharing option to all major UK cities except London by the end of June 2025. The service, piloted in Bristol since November 2024, allows passengers travelling in the same direction to share rides at a discount of up to 20%. UberX Share aims to keep detours under eight minutes on average.

This expansion is part of Uber’s efforts to reduce urban congestion and vehicle emissions by decreasing the number of cars on the road. London is excluded from the initial rollout due to differing local regulations; Uber’s previous shared-ride service there, UberPool, was suspended in March 2020 amid the pandemic. The company plans to introduce UberX Share in London later this year.

Leeds residential development sold for £30 million to overseas investor

A residential scheme in Leeds comprising 222 apartments has changed hands in a deal valued at approximately £30 million. The property, Headingley Park, occupies a 6.5-acre gated estate close to Leeds city centre. The development includes 43 studios, 143 one-bedroom, and 36 two-bedroom units, primarily serving young professionals and postgraduate students.

The complex was created by converting five former office buildings over an eight-year period from 2016 to 2024. It offers amenities such as a concierge service and landscaped grounds. The asset has demonstrated a record of stable occupancy and robust rental growth.

The acquisition was completed by property consultancy Allsop on behalf of a private overseas client looking to expand their UK property portfolio. The transaction underscores continued investor interest in well-located, income-generating residential assets within the Leeds and broader Yorkshire markets.

Retailers recommit as £3m invested to rejuvenate Lincoln’s Waterside centre

Joint venture owners Wykeland Group and Lincolnshire Co-op have rejuvenated Lincoln’s Waterside centre, delivering a £3m programme of investment and securing the long-term commitment of three major retail brands. The investments by Yorkshire-based property development business Wykeland and Lincolnshire Co-op have been delivered in under two years since they acquired Waterside and have now resulted in a trio of high street stores renewing their leases. Fashion and homeware retailer H&M has extended its lease at Waterside and committed to a major £2m revamp of the centre’s anchor store. Next and The Body Shop have also each signed new leases, giving a major vote of confidence to Waterside and ensuring the three popular stores remain in Lincoln city centre for years to come. New operators have also come on board, including luxury lifestyle brand Rituals, which is opening a new store at Waterside next month. Hull-based Wykeland and member-owned Lincolnshire Co-op acquired Waterside in June 2023. Since then the owners have committed to a significant and ongoing programme of investment that has given Waterside a new lease of life. This has included the creation of a new coffee shop at the heart of Waterside, operated by local independent operator Seven Districts Coffee. Waterside’s joint owners are also investing to create a more attractive and welcoming frontage to the centre from Lincoln’s High Street, along the River Witham. This will enable an improved pedestrian flow by the riverside, into the centre and across the river into The Cornhill Quarter. Two units on High Street have been acquired to form part of the centre and enable the reshaping of the entrance to take place, while Waterside has also undergone a rebrand. These changes have also attracted more visitors into the centre, with footfall in 2024 up by three per cent compared to 2022, before Wykeland and Lincolnshire Co-op acquired Waterside, bucking the national trend. Wykeland managing director Dominic Gibbons said: “Since acquiring the Waterside centre in a joint venture with Lincolnshire Co-op, we’ve invested significantly to ensure it remains a key destination for both local people and visitors to Lincoln. “The new, long-term commitments by H&M, Next and The Body Shop reflect the strength of Waterside and the very positive reaction from tenants to the rejuvenation of the centre. “Waterside’s footfall is buoyant, trading is strong and there’s a great deal of confidence in the centre’s future. “The investments we’re continuing to make, with our partners at Lincolnshire Co-op, are enabling Waterside to buck the retail trend and play a key role in Lincoln remaining a highly attractive location.” Kevin Kendall, head of property at Lincolnshire Co-op, said: “It’s been fantastic to work alongside Wykeland to bring new services into the area, as well as updating pre-existing ones. “Our joint investment is reflected in the shopping centre’s success – long-term commitments from tenants and increased footfall are both great indicators of this.” Waterside’s owners and H&M are now jointly investing in a £2m refit of the centre’s anchor unit. Among other investments, frontages on a number of smaller units at the centre are being revamped and £60,000 has been invested to refurbish the customer toilets.

UK economy sees better growth than expected in first quarter

The UK’s economy has grown more than expected in the first three months of the year, following a rise in activity in March. According to new figures from the Office for National Statistics (ONS), GDP (gross domestic product), a key measure of economy growth, is estimated to have grown by 0.2% in March, following a 0.5% expansion in February. It reflects, across key sectors, services output rising by 0.4% in March, construction output growing by 0.5%, and production output falling by 0.7%. GDP in the first quarter, meanwhile, is estimated to have grown by 0.7%, following an uptick of 0.1% in the previous quarter. Ben Jones, lead economist, CBI, said: “The rise in activity in March was a pleasant surprise, coming on the back of the strong bounce in February. “While the latest data adds to signs that a gradual recovery in household spending may be underway, the strength of GDP over Q1 is likely to prove a one-off. “An up-tick in inflation and a cooling labour market will see real household income growth slow this year, though lower interest rates should encourage consumers to save less and spend more. “Businesses remain cautious over hiring and investment plans given the steep rise in employment costs following the Autumn Budget. And the uncertain global economic backdrop is hardly conducive for long-term planning. “Now is a critical time for government to hardwire growth into the economy through the upcoming Spending Review. Measures to accelerate tech adoption alongside a modern Industrial Strategy can support the UK’s investment and growth potential and bolster the UK’s competitive position.”

Climb25 festival to showcase Northern business growth with global investors in Leeds

Climb25, formerly ClimbUK, will take place in Leeds from 2 to 3 July 2025. It will focus on regional business growth and connect UK scaling companies with international investors and industry leaders. Now in its third year, the event is expected to attract over 4,000 attendees, including startups, established businesses, investors, and policymakers.

The festival aims to highlight innovation outside of London and the South East by spotlighting Northern England’s economic potential and talent. Investors confirmed for the event include Sure Valley Ventures, Eka Ventures, Channel 4 Ventures, and Puma Growth Partners, with more than 400 certified investors expected. Delegations will come from regions such as the US, the Baltics, Asia, and the Middle East.

Climb25 offers a programme with over 30 stage sessions, 60 roundtables and masterclasses, and multiple networking opportunities. The event will also feature speakers on technology, sustainability, and entrepreneurship. Past participants have used the event to secure significant funding and expand internationally.

Supported by West Yorkshire Combined Authority and regional partners from Lancashire, Greater Manchester, and beyond, Climb25 reflects growing momentum in the North’s business ecosystem. Representatives from US states, including California and Georgia, will attend to explore investment partnerships. Full event details and additional speakers will be announced ahead of the festival.

£10m employment pilot targets health-related inactivity in North Yorkshire

A £10 million employment support programme has launched in York and North Yorkshire. The programme is focused on helping individuals with long-term health conditions either re-enter or remain in the workforce. Backed by the central government as part of the Get Britain Working Inactivity Trailblazer initiative, the scheme positions the region as one of eight areas trialling new approaches to tackling economic inactivity.

Over the next year, the programme will assist 1,500 job seekers with health-related barriers, 500 individuals currently employed but needing extra support, and 150 local employers. The initiative responds to a 72% rise in health-related economic inactivity in the region since 2019, well above national trends.

The pilot will offer tailored employment interventions and test innovative delivery methods, including a Work, Health and Skills Interchange hub and a dedicated online platform. Community grants will also be issued to organisations developing grassroots employment solutions.

Better Connect, a not-for-profit based in Knaresborough, is leading delivery. The first to go live is Better Connect’s Rise2Thrive service. The programme will prioritise underserved groups, including 16–24-year-olds, over-50s, and people in rural and coastal areas.

Referrals will be channelled through local health and wellbeing hubs to embed employment support into existing community infrastructure. Outcomes from the pilot are expected to inform future UK-wide employment policy.

Burberry to cut 1,700 jobs as part of £100m cost-saving plan

Burberry has announced plans to cut around 1,700 jobs globally, approximately 20% of its workforce, as part of a broader strategy to reduce costs and reposition the brand for long-term growth.

The job cuts are expected to be concentrated in office-based roles and include closing a night shift at the company’s trench coat factory in Castleford, West Yorkshire. The reduction will occur over the next two years and contribute significantly to an increased annual savings target of £100 million by FY27, up from a previous target of £40 million.

The restructuring comes as CEO Joshua Schulman, who joined the company in 2023, continues efforts to reverse Burberry’s underperformance in the global luxury market. His turnaround strategy is focused on reinforcing the brand’s British heritage and prioritising core products like trench coats and scarves. These changes follow previous missteps, including overpricing and inconsistent product lines, compounded by broader market weakness.

Burberry reported a stronger-than-expected recent performance, citing increased wholesale orders following its February fashion show. The positive momentum in sales and the cost-cutting announcement triggered an 18% rise in the company’s share price.

This is the company’s fourth leadership change in a decade. Past strategies under different CEOs attempted to elevate Burberry into the top tier of luxury fashion but delivered limited financial results. The current approach aims to stabilise operations, cut excess, and refocus on profitability.

Government to relocate 12,000 civil service jobs out of London by 2032

The UK government plans to reduce its London civil service workforce by 12,000 jobs and close 11 central London offices as part of a strategy to cut costs and decentralise operations. The move aims to save approximately £94 million annually by 2032.

New government campuses will open in Manchester and Aberdeen, with additional roles created in cities including Birmingham, Leeds, Cardiff, Glasgow, Newcastle, Sheffield, Bristol, Edinburgh, Belfast, York, Darlington, and Tyneside. The Manchester campus will focus on digital innovation and AI, while the Aberdeen site will specialise in energy. A third regional campus location is yet to be confirmed.

This initiative is part of a broader government effort to shrink the civil service, which has grown to over 514,000 staff since 2016. The Cabinet Office plans to cut 2,100 jobs within its department over the next two years, contributing to a 15% reduction in overall government running costs by 2030.

The government has requested departments to submit detailed relocation plans for staff, including senior civil servants, in preparation for an upcoming spending review due in June. Half of the UK-based senior civil servants are expected to be outside London by 2030.

102 Petty France, a major Ministry of Justice hub, and 39 Victoria Street, home to the Department of Health and Social Care, are among the London offices set for closure.

Industry unions have cautiously welcomed the decentralisation plans but emphasise the need for clear communication regarding employee impact and career development opportunities outside London.

Economic projections estimate that relocating and expanding government roles outside London could generate £729 million for local economies by 2030.

Medequip expands into East Yorkshire with new depot at £10m Melton West site

Healthcare logistics provider Medequip has secured a new facility in East Yorkshire as part of its national expansion, becoming the first tenant at the £10 million Evolve development in the Melton West business park.

The site was designed to address a regional shortage of modern industrial space and supports Medequip’s entry into the East Riding of Yorkshire and Hull markets. The company was recently awarded a contract to deliver the Community Equipment Loan Service across the area, supporting local authority social care and NHS services.

Medequip operates 27 depots nationwide and supplies mobility and independent-living equipment to 48 local authority areas. The new East Yorkshire depot will enhance its logistical coverage and improve service efficiency in the region.

The Evolve development offers high-specification units focused on sustainability and strong transport connectivity. With Medequip operational, the remaining units at the site are nearing completion and will soon be available.

This move follows Medequip’s recent partnership with Vanaways to streamline fleet procurement and support its growing national footprint.

North Yorkshire targets enterprise growth with new regional business week

North Yorkshire Council will run its first Business Week from 16 to 20 June. The week aims to help local enterprises build capability in innovation, finance, and growth strategy.

The council has confirmed a programme of both in-person and online events designed for SMEs, startups, and established firms across the region. Sessions will include sector-specific panels, skill-building workshops, and advisory clinics delivered in partnership with regional support organisations.

The opening event, which will take place at Harrogate Convention Centre on 16 June, will feature networking sessions, a business support expo, and panels focused on driving innovation across industries.

A separate event on 19 June in Scarborough will address commercial opportunities in maritime and renewable energy. Discussions will cover skills, supply chain development, and crossover with tourism.

Workshops throughout the week will offer practical marketing, finance, and growth planning content. The council’s Business North Yorkshire advisors and other regional business specialists will also host drop-in sessions for tailored guidance.

The initiative is part of the council’s broader effort to support economic development through cross-sector collaboration and access to regional resources.