Sheffield manufacturer faces job cuts due to rising costs

Jenx, a long-established Sheffield manufacturer, has announced plans to close its factory, putting 65 jobs at risk. The decision comes as the company faces rising operational costs, declining public sector funding, and a challenging market environment.

Founded in 1982, Jenx manufactures specialised equipment for children with disabilities. Despite reporting a £250,000 profit for the year ending August 2024, the company faces significant challenges due to global market instability, including the impact of tariffs on its primary export market, the USA.

The firm, which currently employs 110 people, will shift its focus to its UK distribution arm, Jiraffe, amid the closure of its Herries Road factory. The company remains hopeful that a viable alternative solution may be found during the consultation period. If not, Jenx plans to cease manufacturing by the end of the year, marking a significant shift in its operations.

This move highlights broader challenges faced by UK manufacturers, including rising wages and increased National Insurance contributions, which have further pressured their profitability.

The Turbo Guy expands into England with Huddersfield acquisition

Glasgow-based turbo remanufacturing specialist, The Turbo Guy, has extended its operations to the North of England through the acquisition of Turbocharger Service (UK) Limited (TCS) in Huddersfield.

Since its launch in 2010, The Turbo Guy has experienced consistent growth. With this acquisition, the company aims to enhance service delivery for trade customers, including motor factors and parts distributors, in the region. The expansion will allow same-day delivery of high-quality remanufactured turbos for cars and light commercial vehicles.

TCS will continue to operate under its original name, retaining all seven employees, including founder Ian Goodall. Goodall will collaborate with The Turbo Guy’s managing director, Allan Mitchell, to grow the business in the UK.

Along with expanding product availability, The Turbo Guy plans to introduce a technical support telephone service in the coming months, further strengthening its customer offering. The acquisition marks a significant step in the company’s strategy to increase market presence and service quality.

UK economy slumps for second month

The UK economy shrunk again in May, against expectations of growth. 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 fallen by 0.1% month-on-month in May, following a 0.3% drop in April, versus market expectations of 0.1% growth. It reflects, across key sectors, services output growing by 0.1% month-on-month, construction output declining 0.6% month-on-month, and production output falling 0.9% month-on-month. Ben Jones, CBI lead economist, said: “Flatlining growth in May highlights the ongoing pressures facing the UK economy, with manufacturing and retail struggling, alongside a patchy performance across other parts of the services sector. “Today’s data suggests that a sluggish recovery remains the likeliest path in the near-term amid persistent trade uncertainty, a loosening labour market and slowing growth in real incomes. And with business costs rising, many firms are maintaining a cautious approach to investment. “With growing fiscal challenges and the Autumn Budget on the horizon, the Chancellor must provide clear reassurance—no new taxes on business and instead offer a commitment to work alongside firms to dismantle barriers to growth. An open and collaborative partnership between business and government is crucial to deliver the conditions for sustained economic growth.”

North Yorkshire tourism sector exceeds £4 billion in 2024, with growth momentum

North Yorkshire’s visitor economy continues to show resilience, surpassing £4 billion in annual value. A significant 32.2 million people visited the county in 2024, marking a 3.8% increase over the previous year. This growth not only underscores the appeal of the region’s diverse attractions but also highlights the sector’s vital contribution to local employment, with over 38,000 full-time jobs supported.

In response to these positive figures, the county is intensifying its strategic focus. The newly launched destination management plan, developed by Visit North Yorkshire, serves as a roadmap for the next decade, targeting further growth and fostering a more sustainable tourism model. The plan seeks to expand overnight stays, a key area for development based on the latest data.

Notably, Castle Howard, a prominent cultural venue, saw a 10% rise in visitors during the summer of 2024. The stately home’s successful events, including an art exhibition by Sir Tony Cragg, have been pivotal in driving this growth. Such attractions are increasingly contributing to the local economy, setting a strong precedent for the tourism sector.

The county is also embracing new digital tools, such as a revamped website launched by Visit North Yorkshire in April 2024. This initiative is designed to provide visitors with comprehensive resources and encourage extended stays. Accompanying this digital push is the launch of the There’s More to North Yorkshire marketing campaign, aimed at broadening the county’s appeal beyond its rural landscapes. The campaign highlights a mix of thrilling coastal activities, wellness retreats, historical sites, and vibrant nightlife.

As the region builds on its momentum, additional initiatives, including special events like restaurant weeks and the Whitby Literature Festival, are planned for later in the year to drive footfall during traditionally quieter periods.

Fish factory closure leaves 115 jobs at risk in Grimsby

A fish processing facility in Grimsby is set to close, putting 115 jobs at risk. Espersen, the Danish company behind the operation, announced the shutdown due to ongoing financial challenges and shifting market conditions. Despite efforts earlier this year to save the plant, including a consultation with staff, the business has decided to cease production at its Great Grimsby Business Park location by mid-November.

The company attributed the closure to a combination of lower demand and rising raw material costs, which have led to a significant decline in production. Espersen stated that, although the decision was difficult, it was necessary to align with the current economic landscape.

The company is committed to fulfilling its existing customer contracts, ensuring a smooth transition for those relying on its services. In response to the closure, Espersen is providing employees with support to help them find new positions, offering career counselling and guidance throughout the process.

Clean Planet Energy targets Sleaford for second UK ecoPlant

Clean Planet Energy, a UK-based clean-tech firm, has chosen Sleaford Moor Enterprise Park in North Kesteven District for its second ecoPlant facility in the UK. The new plant is part of Clean Planet’s plan to tackle the plastic waste crisis, with an estimated £35 million investment in its construction.

This ecoPlant will process up to 25,000 tonnes of traditionally non-recyclable plastic waste annually, such as fast food containers, shopping bags, and plastic films. The facility will convert this waste into Purified Pyrolysis Oil, an alternative to the fossil oils used in petrochemical industries. The plant is expected to create 50-70 permanent jobs and an additional 100 jobs during construction.

The site was chosen for its access to industrial infrastructure and the council’s commitment to sustainability. The development aligns with North Kesteven District’s goals of promoting green industries and local economic growth. The facility is located on a plot in the second phase of Sleaford Moor Enterprise Park, which already includes energy-efficient units featuring solar panels and EV charging points.

If Lincolnshire County Council approves the planning application, construction is expected to begin soon, with operations anticipated to start after the two-year build. Clean Planet Energy is focused on removing over one million tonnes of non-recyclable plastic annually, addressing a global issue where the vast majority of plastic waste ends up in landfills, incinerators, or oceans.

Grants available for businesses to boost essential skills in Lincolnshire

Lincolnshire County Council has launched the Skills Champion programme, offering £1,000 grants to local businesses and community groups focused on improving literacy, numeracy, and digital skills. The initiative is designed to encourage the delivery of accessible and innovative learning programmes that address these key areas of development.

Organisations successful in their application will receive financial support to help implement projects that promote practical skills. These efforts could include activities that integrate learning into everyday tasks, such as cooking or gardening, making education more relatable and engaging.

The programme will also provide networking opportunities through regular ‘LinknLearn’ sessions, where participants can exchange ideas, resources, and strategies to enhance their initiatives. With the backing of the county’s Adult Learning Team, the grants aim to empower local organisations to make a significant impact in their communities.

Applications for the grants are open until August 2025, with applicants able to apply for support across any combination of the three focus areas: literacy, numeracy, or digital skills.

Bradford’s Darley Street Market opens with new offerings and an exciting weekend celebration

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Bradford’s Darley Street Market will officially open on Thursday, 10 July, marking the beginning of a fresh chapter for the city’s retail scene. The market, which will replace the long-standing Kirkgate and Oastler markets, had initially planned to launch with a weekend event but has brought forward its opening to Thursday.

The new market features a fresh food hall, a lifestyle hall, and a vibrant food court offering international cuisines, including Mexican, Greek, Italian, and Thai.

With the closure of both Kirkgate and Oastler markets on 28 June, the sites will be demolished as part of a broader regeneration initiative to develop new homes in the area.

JMG Group makes 50th acquisition since management buyout

Leeds-based JMG Group has completed its 50th acquisition since its 2020 management buyout, with London-based Profile Insurance Services becoming the latest broker to join the group.

Founded in 1997 by managing director Melanie Burns, Profile Insurance Services is a broker with a UK-wide client base.

Initially known for its niche expertise in placing cover for high-net-worth footballers, the firm has since grown into a trusted adviser to a broad range of commercial and personal clients.

Melanie Burns, Profile Insurance Services MD, said: “It’s a ‘pinch me’ moment. Everything we have built, the energy we have put into the business, the values we’ve protected, the relationships we have nurtured, have brought us to this point.

“Becoming part of the JMG Group allows us to grow with the support of a like-minded business that genuinely cares about its people, clients and future. The move gives us consistency and backing to grow in a natural way.

“Our clients will continue to work with the same team, with the added benefit of more support behind the scenes – from insurer reconciliation to access to wider market expertise – everything we need to flourish.”

Nick Houghton, JMG Group CEO, said: “Reaching our 50th acquisition is a proud milestone, but it’s never been solely about volume. It’s about finding brilliant people and quality businesses that share our values.

“Melanie and her team are experienced, loyal and deeply committed to their clients. They’ve built a stable, well-run business and bring a range of skills that will enhance our Group’s proposition. We’re excited to support their next phase of growth.”

North Yorkshire pet food manufacturer to acquire French business

North Yorkshire-based Inspired Pet Nurtrition (IPN) has agreed terms on the acquisition of Sopral, a branded pet food platform serving the European market.
Based in Pléchâtel, Brittany, France, Sopral is a manufacturer of branded premium dry petfood with a range of high-quality nutritional solutions, including Pro-Nutrition Prestige, Pure Life and Protect brands. Employing over 130 people, the company operates a state-of-the-art manufacturing facility totalling 13,400 sq m and is known for its advanced in-house R&D capabilities. Arthur van Benthem, CEO of IPN, said: “Sopral is an excellent and growing business, with a great team, leading brands and outstanding capabilities as a manufacturer of superior-quality pet food. “This highly complementary strategic combination marks a significant milestone for IPN and provides us with a state-of-the-art manufacturing, logistics and sales platform to grow and realise our ambitious growth plans in the European market. We look forward to working with the Sopral team to build on their significant successes to date.” Matthew Fargie of CapVest said: “Following on from the acquisition of Butcher’s last year, Sopral is another great addition to the IPN platform, creating significant capability and scale to underpin IPN’s growth in Europe. “The acquisition will unlock a number of new opportunities for organic and acquisition-lead growth and is a great example of CapVest’s passion for building strong, differentiated global companies through significant investment in people, technology, innovation, and capabilities.”