Care home development planned for former council base
Bradford Live venue settles £5.3m compensation deal with NEC Group
Bradford Council has received a £5.3 million compensation payment from NEC Group after the operator ended its contract to run the Bradford Live venue. The £5m+ settlement followed the ICO’s ruling that the amount be made public, overturning earlier confidentiality clauses that had kept the figure hidden.
NEC Group had been the operator for Bradford Live since 2017 but withdrew from the project in September 2024, prompting the council to find a new operator. Trafalgar Entertainment has since signed a 25-year lease to manage the venue.
The funds, now deposited in the council’s bank account, helped reduce Bradford’s borrowing requirement. The council’s original reluctance to disclose the settlement was based on commercial interests, but after securing a new operator, the public interest argument led to the ICO’s approval for the release of the information.
Trafalgar Entertainment has invested £3 million into renovating the venue, and its launch is expected to bring 300,000 visitors annually. The venue’s first major event, Yorkshire Calling, is scheduled for 1 August, featuring artists like Aled Jones and Chris Kamara.
Update to be provided on derelict Leeds heritage buildings after partial collapse
Skipton Business Finance fuels expansion for Sheffield fragrance distributor
Skipton Business Finance has provided a six-figure funding package to SG Brands, a Sheffield-based distributor of luxury fragrances.
SG Brands, founded in 2019, is known for supplying niche fragrance labels to high-end retailers like Liberty and Fortnum & Mason. The invoice factoring facility will support the businesses growth plans by enabling it to purchase stock from brand holders, strengthen supplier partnerships and expand distribution across a broader retail network.
With the financial backing, SG Brands plans to diversify its product range, bringing on well-established brands such as Portuguese beauty label Benamôr and French fragrance house Bienaimé. This support will also allow the company to scale operations and respond more effectively to market opportunities.
Samuel Gearing, director at SG Brands, said: “Securing the funding from Skipton Business Finance is a pivotal moment for SG Brands. It gives us the capacity to scale our stockholding and develop relationships with our brand partners. “We chose to work with Skipton not just because of their flexible funding model, but because they took the time to understand our business and what makes it special. Their support means we can now pursue our growth plans with greater certainty and ambition.” Jim Furey, regional sales director for the North West and Midlands, Skipton Business Finance, said: “We’re delighted to support SG Brands at the start of this exciting growth chapter. Samuel and his team have built a distinctive and highly respected business in the fine fragrance sector, and our funding will enable them to respond to increasing demand while safeguarding the operational ability of the company. “At Skipton, we work with an incredibly diverse client base, from traditional industries to innovative niche sectors, and SG Brands is a great example of that range. We’re proud to be backing them through this period of growth and looking forward to being on that journey with them.” This deal between Skipton and SG Brands was introduced by Mark Millhouse from Oldham-based PMD Business Finance.Ron Dearing UTC and Arco join forces to empower young women
Rowing lawyers smash £150,000 fundraising target for Yorkshire charities at Summer Ball
£5m affordable homes development reaches completion in Bradford
Sheffield tech consultancy expands into Leeds to meet growing demand
Sheffield-based software consultancy, The Curve, has entered the Leeds market, responding to increasing demand for its technology services across the North of England. Specialising in custom business-critical systems, IoT solutions, and connected devices, the company has secured office space at Platform, a tech hub located next to Leeds train station. This move follows a surge in business, with turnover nearing £2m.
The Curve has also appointed Alina Eden Cornea as the regional partnerships and growth lead. Eden Cornea brings significant experience across multiple sectors, including engineering, logistics, and telecommunications, having been involved in coding and 3D modelling since the age of 11. Her role will focus on strengthening The Curve’s relationships in Leeds, where the company has already engaged with the local tech community through events like the Leeds Digital Ball.
The company, founded in 2019, has recently experienced a 49% growth in annual turnover, reaching £1.76m. The expansion into Leeds is part of The Curve’s organic growth strategy, which also includes the creation of 10 new technical roles in the coming year. With a workforce of 28, the company is poised to continue its growth trajectory in sectors such as healthcare, manufacturing, agriculture, and professional services.
Google partners with UK government to modernise public sector tech
The UK government has struck a partnership with Google to provide free technology solutions for various public sector services, including the NHS and local councils. The deal aims to phase out outdated technology across government systems, with a focus on upgrading to cloud-based platforms that are more secure and efficient.
Under this agreement, Google will invest significant resources into public sector infrastructure without requiring any direct financial payment from the government. Importantly, the deal ensures that public sector data will remain protected, with no access granted to Google.
The initiative is designed to improve access to public service information while cutting costs, potentially saving up to £45 billion in taxpayer money. The shift to cloud systems is also expected to reduce vulnerabilities to cyberattacks and system outages, which have become an increasing concern for public sector operations.
The UK Government is encouraging other tech companies to submit proposals, aiming to create more effective and cost-efficient technology solutions across various sectors, including healthcare and local services.
Jet2’s revenue and profits hit record highs as demand grows
Yorkshire-based tour operator Jet2 has achieved record revenue and profits as the demand for its leisure services continues to rise. For the 12-month period ending in March, Jet2 reported a 15% increase in revenue, reaching £7.2bn, while pre-tax profit rose by 12% to £593m.
The company saw significant growth across both its flight-only and package holiday offerings. Flight-only passengers grew by 18%, reaching 6.62 million, while package holiday customers increased by 8%, totalling 6.58 million. Overall passenger numbers were up by 12% compared to the previous year.
Earlier this year, Jet2 initiated a £250m share buyback programme, of which 35% has already been completed. The company remains on track to achieve its long-term growth objectives, with bookings for Summer 2025 still trending strong despite being made closer to departure.
In line with its performance, the board declared a final dividend of 12.1p per share, reflecting a 13% increase.