Saffery makes partner promotion
David Bussey has been promoted to partner at chartered accountants and business advisers Saffery. David works within Saffery’s land and rural property group in Yorkshire and has been with the firm 24 years.
With a wealth of experience in providing accounting and tax advisory services to landowners, families and owner managed businesses, in his new role David manages a team of over 20, overseeing clients based across Yorkshire and the North of England.
David said: “Starting out at Saffery as a trainee in 2000, has turned out to be one of the best decisions I ever made, though I didn’t know that at the time! It was a smaller firm in those days but with an excellent reputation and once qualified, I had a mixture of landed estates and trust clients, along with some family-owned businesses to look after.
“Since then, the firm has grown, but never lost sight of the importance of forging long-term relationships and always planning for the future. I still work with many clients from the early days, which is a testament to that.
“Much of my work now centres on advising rural landowners, helping clients navigate often challenging and complex situations and being a trusted advisor in what are increasingly uncertain times for the sector.
“Typically, there is a focus on succession planning, and ensuring that clients’ financial affairs are organised in a way that is both tax efficient and commercially appropriate, but always with the needs of the family and their long-term strategy in mind.
“Similar themes recur in my work with family-owned companies, albeit their businesses are often very different. Seeing clients succeed in achieving their objectives and protect their assets for future generations is what makes the job so rewarding.”
Fellow Saffery partner and head of the firm’s Yorkshire office, Jonathan Davis, said: “David plays a pivotal role in our land and rural property group and his promotion is a reflection of our commitment to offering a partner-led approach for each and every client.”
David is a Chartered Accountant and a member of the Society of Trust and Estates Practitioners (STEP). He sits on Saffery’s internal Estates Discussion Group and Agribusiness Group, as well as being a member of the firm’s Valuations Forum.
Large firms to be held to account over late payments
The government has unveiled new measures to eradicate late payments from large firms to small ones and the self-employed, which are estimated to cost small firms £22,000 a year on average and lead to 50,000 business closures each year.
All large businesses will be required to include payment reporting in their annual reports – putting the onus on them to provide clarity in their annual reports about how they treat small firms. This will mean company boards and international investors will be able to see how firms are operating.
Enforcement will also be stepped up on the existing late payment performance reporting regulations which require large companies to report their payment performance twice a year on GOV.UK.
Under current laws, responsible directors at non-compliant companies who don’t report their payment practices could face criminal prosecutions including potentially unlimited fines and criminal records.
The consultation which will be launched in the coming months, will also consider a range of further policy measures that could help address poor payment practices.
Every quarter, 52% of small firms in the UK suffer from late payments, meaning roughly 2.6 million small firms face this issue, with the Federation of Small Businesses describing it as one of the biggest problems facing SMEs.
Business Secretary Jonathan Reynolds said: “Late payments are simply unacceptable and this government is determined to level the playing field for small business. When the cashflow runs dry, small firms go under, which is why we need to hold larger business to account with their payment practices and foster an environment that supports growth and jobs.
“Slashing trade barriers, reforming business rates, getting more SMEs exporting – this government is committed to small firms. We know there’s a lot more to be done, but today we are calling time on late payers once and for all.”
Tina McKenzie, Policy Chair at the FSB, said: “This is what real change looks like. Listening to small firms and prioritising action to tear down each and every barrier to growth.
“The Business Secretary has clearly recognised the importance of eradicating bad payment culture, which so devastates the UK supplier base and holds back growth. This series of actions today – including the crucial steps being taken to deliver on Jonathan Reynolds’ commitment on audit committees – shows the Government is rightly focused on delivery and working in partnership with the business community.“There will be so many decisions the Government needs to get right, early – an actively pro-small business budget, a good industrial strategy and tackling late payment. Announcing this programme of work today is a huge confidence boost for the small business community and a clear signal the new Government intends to stand up for small firms.”
IT service provider names new Chief People Officer
Victoria Jackson has been named as Chief People Officer with IT managed service provider BCN, which employs about 400 at offices in Leeds, Manchester, Reading, and Belfast.
Victoria has been in the HR industry for 20 years and is a Chartered Fellow of the CIPD. With a background in a range of different industries, from boutique independents to FTSE100 businesses, as well as holding a trustee and board member role at the Octagon Theatre in Bolton.
She said: “I’m extremely excited to have been appointed as CPO at BCN. The business has built up a strong people-first ethos over the years, and I am looking forward to supporting this. Ensuring that both existing and new staff members feel supported at all times will help maintain the exceptional quality of work and technical expertise at BCN. I can’t wait to get settled in and nourish the company’s people culture and promote employee growth and success”.
Rob Davies, CEO of BCN added: “At BCN, we pride ourselves in creating a workplace where talented employers have room to grow and keep up with industry trends and changes. Therefore, we are delighted to welcome Victoria as our new CPO to oversee our HR and talent functions. By hiring and maintaining the best technical experts, through providing a culture, support and business goals which align with employees needs ensures that we are ahead of the curve of advancing technologies”.
Wind power specialist moves to new head office in Hessle
Wind power specialist Boston Energy has moved to a new head office as the company sets its sights on accelerated growth.
Boston Energy’s new home, located at Hesslewood Office Park in Hessle, East Yorkshire, is a modern 3,300 sq ft open plan office, complete with an atrium, breakout spaces and wellbeing room.
The office, and spaces inside, will accommodate the company’s growing team and business operations, as Boston Energy works as a partner to the world’s leading wind energy OEMs (Original Equipment Manufacturers) and developers.
The move signals the start of a new chapter for Boston Energy, having split off from parent company Bostonair Group following significant investment from private equity firm LDC last year.
Boston Energy CEO Julian Cattermole said: “Our office move coincides with a period of significant growth. It provides us with much-needed space for both our current team and also to accommodate continued expansion, as we position ourselves as a partner of choice.
“Boston Energy has evolved and expanded significantly throughout its 12-year history. As the wind industry continues to move at pace to meet the UK’s ambitious net zero targets, we remain a key player at the heart of it.
“We’ve supported some of the world’s largest wind farm projects, including Dogger Bank off the North East coast, and are trusted partners of leading organisations including Vestas, GE and Siemens Gamesa.
“Our new office is a symbol of that success and the progress we’ve made so far and sets us up perfectly for the future.”
Plans submitted for next phase of Our Cultural Heart in Huddersfield
Kirklees Council has submitted updated plans for the second phase of its Our Cultural Heart development in Huddersfield town centre, concentrating on a flagship new museum and art gallery in the former library building on Princess Alexandra Walk.
Construction on Phase One of Our Cultural Heart is underway, with the former Queensgate Market building being transformed into a food hall and adjoining new community library.
Lead construction contractor BAM has already completed significant site preparation, with work including the ‘soft stripping’ of all non-structural and internal fixtures and fittings, as well as the removal of the former market stalls and asbestos.
This ‘Section 73’ planning application and Listed Building Consent for Phase Two of the masterplan includes the major refurbishment of the Grade II Listed building that, until recently, housed the town’s library.
The designs by architect FCBStudios will see the historic four-storey building become a flagship museum and art gallery, helping to attract more visitors to the town and creating exciting opportunities for local businesses and the region’s culture sector.
A sympathetically designed extension to the north will enhance accessibility and create uninterrupted connections to the surrounding spaces. Public access will be via a new ramp unlocking universal access to the historic entrance to the south and level access to the new extension.
The ground floor will house the reception, museum and gallery shop, and a 50-seat café with outdoor terrace, while the lower floor will provide storage, building facilities, event and education spaces.
The museum’s exhibitions will be housed across two floors, with the top floor reborn as the art gallery. Many of the flexible spaces within the museum and art gallery will be available for hire, allowing for opportunities to showcase a huge mix of talent from across the region.
Councillor Graham Turner, Cabinet Member for Finance and Regeneration, said: “This is an exciting moment for the Our Cultural Heart programme, as construction begins on the new food hall and library this month, and plans are now in place for the second phase of the development.
“Our decision to phase the programme was always about ensuring its successful delivery, not reducing our overall ambition. We believe the new museum and art gallery has the potential to become one of the leading cultural destinations in Yorkshire, showcasing the rich stories and talent of Huddersfield and the wider Kirklees borough.
“Not only will it help bring more visitors to our town centre, but it also ensures the long-term viability of one of our most treasured heritage buildings.”
Dales businesswomen get new leaders to drive innovation in rural communities
A network to connect business women across the Yorkshire Dales and help drive forward innovation in the county’s rural communities has been relaunched.
The Dales Business Women group brings together professional, entrepreneurial and self-employed women in and around the Dales and surrounding areas, offering support and advice.
Set up seven years ago, the group now has two new women at its helm. Photographer Katy Howe has joined forces with North Yorkshire Council’s senior economic development officer, Alison Laws to run the network from this week
Mrs Howe said: “North Yorkshire has such a great resource of like-minded women, who are passionate about achieving their goals.
“In this region, there is a perception that there are few business opportunities, a position that Dales Business Women aims to shift. The Yorkshire Dales and the surrounding areas are full of entrepreneurial and industrious women who are making a difference.”
Cllr Carl Les, the leader of the council, said: “Groups like Dales Business Women are vital as a way of meeting, sharing thoughts and ideas and helping businesses to grow and flourish.
“Connecting with people in the rural areas can be more difficult so we support any organisation that helps that to happen.”
The FSB’s development manager for York and North Yorkshire, Carolyn Frank, said she is delighted to see the relaunch of the group.
She said: “Having a local network is so important to a small business, from expanding your contacts and finding new opportunities, to accessing local business advice, but most of all building strong and authentic relationships to support you through the ups and downs of business life.
“This is a super friendly and proactive group and a key organisation for women in enterprise in North Yorkshire. We know when women in business collaborate magic always happens, and we look forward to hearing about the network supercharging local businesses going forward.”
Subscriptions will be £10 per month with meetings being initially held on the first Wednesday of every month from 11.30am until 1.30pm.
Europe’s largest independent gas turbine service provider moves to Teal Park
Gas Turbine Services has signed a new lease on 13,347 sq ft of industrial accommodation on Teal Park on Lincoln’s Whisby Road.
The firm is moving from its current Leafbridge Business Park premises to Teal Park – regarded as the epicentre of industrial gas turbine maintenance in the Lincoln area.
The move to Teal Park follows identification by the business, two years ago, that its Leafbridge Business Park facility would limit future expansion, not only in engine throughput but also in responsiveness to the ongoing changes and competitive demands of the energy market.
The new base at Teal Park sees Gas Turbine Services move to a facility which was originally built and designed for the express purpose of gas turbine support & maintenance and, according to Robert Dye, Technical Director and co-owner, the new base means a swift and seamless transition to meet the company’s current and future expansion requirements.
He said: “For our specific sector specialisation, there was never any question of relocating outside of the Lincoln area – especially taking into account the wealth of local expertise and knowledge as we recruit and expand our business.”
Eddison’s Director William Wall, who led the property deal on behalf of the landlord, added: “Gas turbines are one of the long-established specialisms of the manufacturing sector in Lincoln and the surrounding area.”
“The county’s position on the map, with access to the east coast ports and a road network to the engineering hinterland of the East Midlands, makes it a prime location for operators in the energy sector.”
Gas Turbine Services, part of the Anglo-Danish HKJ Group, was established more than 30 years ago. Headquartered in Esbjerg, Denmark, it has been operationally based in the Lincoln area for the past 16 years.
Forgemasters’ charity football event raises more than £2,000
Sheffield Forgemasters is pleased to announce its annual Charity Football Tournament raised a record-breaking amount for Suppport Dogs!
Donations for this year’s event amounted to £2,124.50 for Support Dogs – Sheffield Forgemasters’ highest amount of football fundraising so far.
These generous donations, mostly from our employees, contractors, their friends and families, have brought our total for Support Dogs to £17,993.94 in pursuit of our £20,000 target – the cost of training one specialist dog to assist people with epilepsy, physical disability and children with autism.
The tournament, hosted at the Sheffield Olympic Legacy Park Community Stadium, saw ten teams from across Sheffield Forgemasters play in a great spirit of healthy competition.
Yorkshire Water creates alliance to protect 140,000 businesses from storm overflows
Yorkshire Water has created a Storm Overflow Alliance to deliver up to £1bn of capital investment in AMP8. The alliance is a significant and strategic partnership between Yorkshire Water, AtkinsRéalis, Morrison Water Services, Stantec, and Ward & Burke.
Yorkshire Water serves more than five million customers and 140,000 businesses, in addition to millions of visitors to Yorkshire each year, and covers an area of around 12,000 square kilometres. The establishment of the Alliance represents a bold commitment to addressing storm overflow discharges and the associated environmental impacts on river and coastal waters.
The alliance will be a truly integrated, high performing industry leading team that will deliver high quality sustainable solutions and world class performance for Yorkshire Water as it undertakes its ambitious investment plans for the next five years. The plans, which are currently awaiting approval from Ofwat, could see over £1bn being invested to reduce storm overflow operation in the region.
The contract will run throughout the AMP8 period for an initial period of five years, with the option to extend for another five.
As a dedicated organisation, the Alliance will collaboratively provide comprehensive engineering solutions, including strategic planning, design, management, and delivery of critical infrastructure. It will explore opportunities from increased storage capacity within wastewater treatment works, to smarter sewer network operations – with a key focus on blue-green solutions.
The partnership has a shared commitment to sustainability, to protect and enhance the environment, and to create social value. By prioritising local employment and engaging local supply chain partners with a focus on low carbon materials and construction methods, the Alliance will further support the communities within Yorkshire Water’s service area. It will also ensure efficiencies, so customers see value for money in the work that is being done.
Jon Stokes, Head of Storm Overflow Alliance at Yorkshire Water commented: “We’re really excited to get started with our ambitious plans for the next five years. We know we need to do more to improve our network, and this new partnership will help us to deliver our largest ever environmental investment which will create a significant step change in how we operate. Our storm overflows operate more often than we, and our customers, would like. This new partnership will help change that and bring wider benefits to the region such as more jobs and more green spaces for our communities.”
Commenting on behalf of the partner executives, Iain Sutherland, Managing Director of M Group Services’ Water Division said: “We are proud to be part of the Yorkshire Water Storm Overflow Alliance alongside AtkinsRéalis, Stantec and Ward & Burke, a collaboration committed to delivering tangible, lasting improvements to Yorkshire’s wastewater infrastructure. Together we’ll enhance the region’s storm overflows and the surrounding infrastructure and systems. This will play a key role in transforming river and coastal water quality, as well as the ecosystems they support.
“By adopting innovative technologies and sustainable practices, we aim to ensure that the benefits of this investment are felt for generations, fostering a healthier environment and a stronger future for the region.”
Greater Lincolnshire’s devolution deal gets the green light
Devolution for Greater Lincolnshire is to go ahead, bringing together North East Lincolnshire, North Lincolnshire, and Lincolnshire County Council together as the Greater Lincolnshire Combined County Authority.
It’s expected that devolution will progress through its final legislative stage to allow the forming of the new authority before the Mayoral election next May.
The Leader of North East Lincolnshire Council, Cllr Philip Jackson said: “I am sure I share the sentiments of the Leaders of Lincolnshire County Council and North Lincolnshire Council, when I say this is the best possible news we could have hoped for. Months and months of dedicated hard work and effort has been put into creating a vision for Greater Lincolnshire that will offer a cohesive approach – allowing this region to grow and prosper.
“Our deal was supported by the last Government with millions of pounds of funding agreed to be devolved down to our new Greater Lincolnshire Combined County Authority to ensure we would be able to truly invest in our key priority areas, which will underpin our positive way forward.
“I am therefore delighted that Greater Lincolnshire devolution continues to have the support of the country’s new Government and I now look forward to continuing our journey towards more local control with funding and powers handed to those who are closer to the communities they serve. We have a chance to make a real difference.”
Lincolnshire County Council Leader Martin Hill said: “This is great news and I’m pleased we are able to move forward with devolution to deliver growth in Greater Lincolnshire. We have always been clear that strengthening local decision-making where we consider the needs and wants of our communities, will give the best results for residents and businesses.
“It’s clear that having a Mayoral Combined Authority will give us the ability to liaise directly with the government about what is best for our residents and be able to achieve our ambitious plans more quickly. The decision to take this forward reflects our strong partnership work with North Lincolnshire and North East Lincolnshire councils, and the hard work we have all put in to making sure it’s the right deal for our area.”
Cllr Rob Waltham of North Lincolnshire Council, said: “Our £720m deal was supported by thousands of residents and has been on the table for years and negotiated earlier this year. At last, we can get to work on seizing this monumental opportunity – bringing better paid jobs to the area, boosting skills, expanding local infrastructure and enhancing our environment across Lincolnshire.
“We will continue to strengthen ties across our great historic county – I am incredibly proud to have been born, educated and lived and worked in Lincolnshire for most of my life and to have 10 generations of my family living throughout Lincolnshire. We are a great county full of inspirational people who deserve the best opportunities for them and their families as we seek to level up Lincolnshire to deliver a better quality of life for local residents.”
The financial Deal remains the same as finalised between the three lead authorities and the previous Government, with a total investment fund of three-quarters of a billion pounds over the next 30 years. This includes an annual £24m Mayoral Investment Fund to invest in priority areas of jobs and skills; housing & highways, transport, the environment and nature, net zero, digital improvements, and innovation and trade.
There is also an initial capital funding pot of £28m including brownfield funding for individual schemes across Greater Lincolnshire. In North East Lincolnshire this will support the phase one development of a Grimsby Town Centre Transport Hub, along with the new housing scheme for the town’s Alexandra Dock.
