Administrators appointed to Safestyle UK with redundancies made

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Rick Harrison and Will Wright from Interpath Advisory have been appointed joint administrators to H.P.A.S Limited, trading as Safestyle UK, Style Group Holdings Limited and Style Group UK Limited. Headquartered in Bradford, Safestyle UK is one of the UK’s leading retailers and manufacturers of PVCu replacement windows and doors for the homeowner market. The company has a large manufacturing facility in Wombwell, near Barnsley, and operates from a network of 42 sales branches and installation depots across the UK. In common with a number of companies across the home improvement sector, Safestyle UK has had to navigate a number of pressures which have impacted trading, including high cost inflation, ongoing economic uncertainty and fragile consumer confidence. In recent months, these pressures have been exacerbated by an unseasonally warm September, which has dampened customer demand. In response to these challenges, the Group engaged with stakeholders to explore a range of options to help strengthen its balance sheet, including a capital injection or new financing, a potential sale of the shares in the subsidiaries and/or a sale of the business and assets of the subsidiaries. Unfortunately, despite interest being shown by a number of parties, a solvent solution was unable to be found, and the directors took the decision to seek the appointment of administrators. The company directly employs circa 750 employees. With trading ceasing upon the appointment of the joint administrators, the majority of staff have been made redundant. Circa 70 members of staff have been retained by the administrators in the short term to assist with an orderly wind-down of the business. Rick Harrison, Managing Director at Interpath Advisory, said: “These are really challenging times for companies across the home improvement market. After seeing strong sales during the COVID lockdown periods, many companies are seeing trading being impacted by the cost-of-living crisis and soaring costs. “Unfortunately for Safestyle, and despite the tireless efforts of the management team over recent months, these challenges have proven too difficult to overcome. This will be particularly devastating for the company’s employees, as well as the many self-employed contractors who worked on behalf of the company. “Our immediate priority will be to provide support to those impacted by redundancy, including supporting them in making claims to the Redundancy Payments Service where relevant.”

Final round of consultation launched on key planning document shaping Leeds’ future

Leeds City Council is encouraging residents, businesses, and other stakeholders to have their say in the final round of consultation on the Local Plan Update. This final round sets out new and updated planning policies, to help the council deliver its climate emergency commitments. This third round of consultation is the last step, before the Leeds Local Plan Update is submitted to the Secretary of State for Levelling Up, Housing and Communities for independent examination by a planning inspector. The previous round of consultation, which took place between October and December 2022, saw a supportive response for the proposals, with many residents and local businesses seeing the value of updated planning policies on building low carbon developments, protecting nature and biodiversity, and preparing for the extremes of climate change. There were, however, concerns raised by the development industry, regarding the capacity to implement proposed policies on net zero carbon developments from the initial adoption of the plan. The council has carefully considered both the support received and the concerns expressed and are proposing a range of changes to the proposed Local Plan policies to address some of the concerns. These include proposing a short transition period to the ambitious policy on net zero buildings. This would give the building industry until January 2027 to adjust to new building practices and technology, whilst still maximising energy efficiency and renewable energy generation. A particular focus of the latest round of consultation will be on the proposed transition period, however comments are also invited on the proposed changes to policies covering the five key themes of carbon reduction, flood risk, green and blue infrastructure, placemaking and sustainable infrastructure. Speaking about the Local Plan Update consultation Councillor Helen Hayden, Leeds City Council’s executive member for sustainable development and infrastructure, said: “The Local Plan Update will play a key role in meeting our climate emergency commitments, shaping our city’s planning policies for the long term, to help Leeds on that critical journey to becoming carbon neutral. “It is really pleasing to see the amount of positive engagement with the previous consultation reflecting how engaged our city is with meeting the climate challenge. These policies will ensure that Leeds does all it can to mitigate carbon through new development and prepare our local communities for wetter winters and warmer summers. “I welcome this latest round of consultation that seeks further feedback prior to the plan being submitted for review and I would urge everyone to have their say.”

Yorkshire business confidence highest in UK

Business confidence in Yorkshire rose 12 points during October to 52%, according to the latest Business Barometer from Lloyds Bank Commercial Banking.   Despite the uptick, companies in Yorkshire reported lower confidence in their own business prospects month-on-month, down one point at 46%. When taken alongside their optimism in the economy, up 21 points to 58%, this gives a headline confidence reading of 52%.    Yorkshire businesses identified their top target areas for growth in the next six months as evolving their offer (41%), investing in their team (38%), and investing in sustainability (30%). The Business Barometer, which surveys 1,200 businesses monthly, provides early signals about UK economic trends both regionally and nationwide.  A net balance of 41% of businesses in the region expect to increase staff levels over the next year, up two points on last month. National picture Overall UK business confidence rose three points in October from 36% to 39%, and firms’ outlook on the overall UK economy increased four points to 34%. Businesses’ confidence in their own trading prospects also continued the upward trend, rising four points to 45%. Companies’ hiring intentions reached their highest level since May last year, with 32% of firms intending to increase staff levels over the next 12 months, up six points month-on-month. Firms in the South West reported the biggest uptick in business confidence, increasing 26 points month-on-month to 47%. Following a fall in confidence in September, the retail and service industries both saw an increase in business confidence, with retail business confidence increasing by five points to 37% and services rising seven points to 43%. Levels are still lower than seen in August, however, when retail business confidence was at 44% and services at 42%. Manufacturing confidence was 36%, unchanged from last month when confidence rose to a three-month high. Construction fell for a second month in a row to 31% (down five points). Steve Harris, regional director for Yorkshire at Lloyds Bank Commercial Banking, said: “The jump in optimism among Yorkshire businesses this month is testament to both their resilience and innovative thinking. Our region has one of the most diverse economies in the UK and that’s one of the reasons we’ve been able to weather the economic turbulence that has affected other areas of the country more adversely. “The back end of September saw the Leeds Digital Festival, with this epitomising some of the innovation and high-growth businesses that are now supporting Yorkshire’s increased optimism and confidence. “It’s fantastic to see firms investing in sustainability as a route to growth, which is important both regionally and nationally. We are increasingly supporting businesses with their sustainable investments and have recently been able to broaden our offering to finance renewable and transition technologies alongside the discounted financing that we already have available.” Hann-Ju Ho, senior economist, Lloyds Bank Commercial Banking, said: “Business confidence this month reflects a more positive outlook as we head into the important festive period, with trading prospects and economic optimism both at their second highest levels this year. “The level also underlines the wider upward trend of steadily rising confidence in 2023. If you look at the year in quarterly time periods, confidence has steadily risen from 20% in the first quarter, 26% in the second and in September an average of 27% in the third. “However, our data shows that firms are still safeguarding their profit margins in response to the possibility of interest rates remaining high, wage increase pressures, and the prospect of higher energy prices again this winter. “Therefore, businesses will be keeping a keen eye on the forthcoming Autumn Statement and Bank of England policy announcements as they navigate through a challenging economic period ahead.”

NFU calls for swift return of HS2 land to its farming business former owners

In the wake of cancellation of the northern stretch of the HS2 the NFU is calling for a quick return of land taken from farmers and growers under compulsory purchase.
NFU Vice President David Exwood has written to Secretary of State for Transport Mark Harper highlighting the need for the government to develop a ‘transparent policy’ to ensure farmers and former landowners can purchase land back, with a first option of refusal.
He said: “Many farmers have been left with more uncertainty and delay after part of the HS2 project was cancelled. They must have a fair and swift resolution when it comes to land compensation and restoration.” David also raised concerns around how the government is resolving issues surrounding HS2 disruption and the eventual phase 2 cancellation, urging them to “accelerate the process” as swiftly as possible.
The NFU is calling for land to be returned to its former condition where required, for outstanding crop loss payments to be finalised and paid out, as well as any outstanding compensation claims that have been made by farmers. Where a Blight Notice has been served and accepted, the NFU asks that the notice is proceeded with unless the claimant prefers otherwise. David also emphasised the importance that the Department for Transport acts quickly to understand the many different scenarios that landowners will find themselves in which need to be addressed, adding that this “will help to lead to a fair and equitable outcome for all parties involved”. He added: “The current level of uncertainty surrounding the HS2 project is unsettling for many members and the broader community, and it’s essential that the many farm businesses already so badly disrupted by this project can start to rebuild their businesses and get back to doing what they do best – producing climate-friendly and nutritious food for the country.”

South Yorkshire plans first-ever international trade conference

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Business leaders will all be gathering together next month for South Yorkshire’s first-ever International Trade Conference. Jointly organised by the three regional Chambers of Commerce – Doncaster, Sheffield and Barnsley & Rotherham – the conference represents a chance for businesses to forge new connections to help them prosper in the daunting world of International Trade, to learn about upcoming opportunities that are just on the horizon, and to expand their knowledge of best practice in this complicated field. High-profile speakers will be there to share their insights on a wide array of different topics, including Oliver Coppard, Mayor of South Yorkshire, and Manuel Fantin from UK Export Finance, who will talk about how his organisation supports businesses in going overseas. Liam Smyth, Director of the British Chambers of Commerce, will give an update on important regulatory changes and how these are going to affect traders in the near future. Dan Fell, Chief Exec of Doncaster Chamber, said: “International trade is a vital cornerstone of our economy and that’s why, as Chambers of Commerce, we always stress its importance and advocate for any members who want to explore the opportunities available to them in this lucrative field. “With that said, we are incredibly excited to debut our International Trade Conference. By pooling together the collective resources and expertise of all three regional Chamber networks, this event will be an in-depth exploration. Delegates will be able to deepen their knowledge on this critical subject, better understand its various nuances, and establish lasting relationships that will help them represent Brand South Yorkshire on a global stage. “Whether you are a start-up looking to take their first steps into exporting and importing, or an established international trader that just wants to increase their prospects, there’s bound to be something here that’s relevant to you.” The South Yorkshire International Trade Conference will be held at the OEC Sheffield on Wednesday 15th November and is being sponsored by UK Export Finance and RM Boulanger.

Hull firm expands into north east to be closer to clients

Regional construction company I&G has opened new premises in the North East, following a growth in demand for work in the area.

I&G, part of the Hull-based Sewell Group, is headquartered in West Yorkshire, with additional offices in East Yorkshire and Leeds. They specialise in complex construction projects in the health, education, food and commercial sectors. The company has opened a new office in Stockton-on-Tees, providing a base to be closer to their North East clients, and creating new employment opportunities throughout the region. I&G MD Christopher Carline said: “In the last five years, we’ve seen our turnover increase from £6m to over £21m, as we’ve taken on multi-million-pound projects and seen our partnerships with existing clients develop. “We’re now getting more and more work in the North East, so it feels like the right time to expand into the area. Our new Stockton office will give us a base from which we can work across the North East, giving us more opportunities to work on projects across the area. “As an employee-owned business, our people are really important to us, and we’re keen to create more opportunities for existing staff, whilst also looking to recruit locally.” I&G are experts at working in live environments, such as hospital wards, food production facilities and educational spaces. Recent major successes have included the new Critical Care Unit at Barnsley Hospital, the £6m refurbishment of the ophthalmology unit at St James Hospital in Leeds, and a food production factory extension in Pontefract for KP Snacks.

Sheffield metals firm enters administration after more than 250 years

Sheffield-based Thessco Ltd, which has been making brazing alloys and contact materials since 1760, has gone into administration, putting 47 jobs at risk. One of the world’s largest manufacturers of silver brazing alloys, metal joining products and industrial silver alloys, Thessco has its head office and production site in Royds Mills, Sheffield. The company ceased to trade upon the appointment of administrators Joanne Hammond and Kris Wigfield of Begbies Traynor with the expected loss of all 47 jobs. The administrators are currently working to ensure the best return for creditors. The company’s directors said: “It is with heavy hearts that we have been forced to make the decision to close Thessco Ltd in Sheffield, following a year of turbulent market forces. Spiralling energy prices, increased raw material costs and the significant rise in finance costs have all had a huge impact on the business. “We would personally like to thank all our staff for their hard work and dedication, and all our customers and suppliers for their loyalty.” Joanne Hammond said, “It is very said to see the demise of such a historic Sheffield business, but, unfortunately, market conditions make it unviable for it to continue. As well as supporting employees, we will be seeking the best return for creditors and anyone interested in purchasing plant or machinery should contact us.”

Snaith-based Croda starts work on new factory in China

Snaith-based Croda International has broken ground at a greenfield site in GuangZhou that will become its new multi-purpose production facility for fragrances and beauty actives ingredients in China. Aligned with Croda’s strategic priority to deliver fast growth in Asia, the new state-of-the-art, low-carbon facility will significantly expand Croda’s fragrance manufacturing capacity in China. It also marks the inauguration of a production capability for beauty actives within the region. This investment underscores Croda’s dedication to the country, enabling realisation of its “Made in China for China” initiative, while also facilitating exports to other countries in the region. Croda Chief Executive Steve Footssaid: “This investment reaffirms Croda’s deep-rooted commitment to China. It triples our manufacturing capacity for fragrances and establishes a production capability for beauty actives for the first time. I had the pleasure of hosting local dignitaries at this momentous event and look forward to a productive collaboration with them as we accelerate our growth in China.” The GuangZhou facility will be principally used to manufacture fragrances, with existing fragrance production in China consolidated on the new site. Croda’s Fragrances and Flavours (F&F) business was initially established through the 2020 acquisition of Iberchem which has a twenty-year track record in China. Tony Xu, General Manager, Iberchem China, said: “The investment underpins Croda’s ambitions for its F&F business, which has delivered strong double-digit percentage per year sales growth in China over the last 20 years.” The investment will also establish Croda’s first production capacity in China for its Beauty Actives business, focused primarily on botanical extracts. Jeffrey Wu, MD Croda China, said: “The market for botanicals in China is growing strongly reflecting Chinese consumers’ long-standing preference for natural extracts. The new facility will provide local production for Croda’s globally renowned beauty actives brands, increase our responsiveness to customers and enable us to meet local market needs.” The Croda Guangzhou site is expected to be commissioned in 2025 and will include application laboratories, R&D facilities and offices as well as manufacturing.

West Yorkshire tourism chiefs unite for first economy-boosting meeting

Tourism chiefs from across West Yorkshire united for the inaugural meeting of a new partnership aimed at unleashing the vast potential of the region’s visitor economy. The first meeting of the Local Visitor Economy Partnership saw representatives from each of the five West Yorkshire districts join forces with key figures from the tourism sector to begin exploring ways to grow the visitor economy, attract more visitors and inward investment and create job opportunities across West Yorkshire.
The meeting followed a successful joint bid for LVEP status earlier this year by councils in Leeds, Calderdale, Kirklees, Bradford and Wakefield alongside West Yorkshire Combined Authority. Under the new LVEP programme, developed and administered by VisitEngland, districts will share ideas and resources to improve the offer and make the most of the region’s 65 million annual visitors. The West Yorkshire LVEP will also be able to access expert advice, dedicated toolkits and training programmes as well as getting support for applications for important national funding. Tracy Brabin, Mayor of West Yorkshire said: “I’m thrilled that work is under way to showcase our amazing region to the world. We’re combining our strengths to ensure that West Yorkshire’s tourism and hospitality businesses can unleash their potential and thrive for years to come. “West Yorkshire is the place to be. And this exciting new partnership will help us build a stronger, brighter region that works for all.” The LVEP programme was originally launched nationwide last year after consultation following a government review of Destination Management Organisations across England. Now it has formed, West Yorkshire’s LVEP will continue working with partners and organisations across the wider Yorkshire region to promote the Yorkshire brand.  

Yorkshire Brewery teams up with kelp grower for unique tasting event

The team at an East Yorkshire brewery are hosting a unique tasting event in conjunction with a North Sea kelp grower.

Representatives from Wold Newton based Wold Top Brewery will be onboard the Southern Star, home to the SeaGrown Centre, on 8th November to talk about the unique beers they produce from kelp harvested by the SeaGrown team. Wold Top’s Jo Ward and Michelle Savage will talk about the beers they’re brewing from Yorkshire seaweed, Alice Wilkinson from SeaGrown will share information about their unique large-scale seaweed farm and the SeaGrown Centre chef will prepare a selection of snacks to accompany the beer-tasting. “Since 2018, SeaGrown has been sustainably growing and harvesting seaweed right here on the Yorkshire Coast. This planet-friendly crop can be used for many wonderful things, including beer. In 2022, they invited us to brew a seaweed beer, Hold Fast, for them to serve in their café and restaurant and we have recently brewed a second beer, Down the Hatch. We’re looking forward to tasting these and other Wold Top beers alongside some delicious snacks on board the Southern Star,” said Mrs Ward. Wold Top was founded in 2003 and is located on the Mellor family farm at Hunmanby Grange. The team use home-grown barley and water from the farm’s borehole to produce a range of award-winning cask, keg and bottled beers that are available throughout Yorkshire and nationwide. Founded in 2018 by Wave Crookes and Laura Robinson, SeaGrown is Britain’s first large-scale offshore seaweed farm. Their pioneering seaweed farm is producing a sustainable crop year-round – with an ever-expanding range of uses – from foods to agriculture and nutraceuticals to bioplastics.