Sharp fall in women-led business registrations in UK’s major cities raises structural concerns

New figures reveal a steep year-on-year decline in the number of businesses registered by women across the UK’s largest cities. Despite overall growth in new company registrations nationwide, female entrepreneurship has markedly contracted, signalling potential structural issues in access, support, and funding.

According to the latest analysis from Instant Offices, the number of women-led companies registered in 2024 dropped significantly in eight of the UK’s ten largest cities compared to the previous year. Bristol saw the most dramatic fall, down 57%, followed closely by Leicester (–56%), Glasgow (–54%), Leeds (–52%), Birmingham, and Liverpool (both –51%). Even London, the country’s economic engine, recorded a 48% reduction.

This trend comes despite the government’s goals to increase the number of female entrepreneurs by 600,000 by 2030. The reversal suggests that existing initiatives may not translate into results on the ground.

The study highlights key inhibitors, including limited access to funding, underrepresentation in investment decision-making, and the enduring gender pay gap. Only 2p of every £1 in UK equity investment currently goes to all-female founding teams, a figure that has not improved over the past decade.

Although total company registrations in some cities grew in 2024, the disproportionate drop in women-led firms underscores systemic hurdles rather than a broader economic slowdown. The data suggests a need for tailored investment vehicles, expanded mentoring networks, and more inclusive funding structures if the UK intends to meet its long-term targets for entrepreneurial diversity.

Evri and DHL UK ecommerce merge to create logistics heavyweight

Parcel delivery firm Evri has merged with DHL’s UK ecommerce division in a move set to reshape the UK logistics market. The combined operation, now known as Evri Group, brings together over 42,000 workers, including 30,000 couriers and van drivers, positioning the firm as one of the largest players in the country.

Under the agreement, DHL Group takes a significant minority stake in Evri, while private equity firm Apollo remains the majority shareholder following its £2.7 billion acquisition of Evri in 2023.

The newly formed entity will handle over one billion parcels and letters annually. It also marks Evri’s entry into the UK business letter market, heightening competition with Royal Mail and potentially introducing more cost-competitive alternatives for enterprise-scale clients.

The combined group aims to improve service levels by integrating Evri’s high-volume infrastructure with DHL’s premium van network. This promises increased efficiency and scalability for UK retailers and e-commerce platforms.

Yorkshire charities in need to be matched with businesses for free, expert help

A Yorkshire businessman has launched a new non-profit brand, which aims to plug the gap between charities in need and companies that are willing to help them for free. Chris Worthington has established Cause Matcher, an online platform for good causes in the region to find willing volunteers to fulfil their support requirements. From IT, marketing and recruitment to assistance with electrics, plumbing, maintenance and everything in between, Cause Matcher is a platform for charities to use to identify businesses and skilled volunteers that can help them. After working in recruitment for 21 years’, Chris found himself wanting to find a way he could support local non-profits and give back. Chris said: “After working in recruitment for more than two decades, I came to the realisation that I could do far more with my time and skills to help local good causes and make a real, lasting impact. “I quickly identified the need for a central resource that both Yorkshire-based charities and businesses willing to help them could utilise to bring them together and help them collaborate for the greater good – and so, Cause Matcher was born! “Cause Matcher’s mission is focused on supporting local businesses and skilled volunteers in working with local worthy causes that need their help. Rather than asking for monetary donations, the impact of which is difficult to accurately measure, Cause Matcher allows people to donate their time and skills, which are often more beneficial.” With almost 20 Yorkshire-based charitable organisations, companies and volunteers already signed up to Cause Matcher, and even more on the cusp of becoming members, Chris hopes that it will become the go-to resource for willing businesses and in-need good causes to come together and support one another.

Rotherham Council outlines five-year plan to support local business growth and infrastructure

Rotherham Council has announced a new five-year strategy focused on local economic development, infrastructure upgrades, and community investment. The strategy clearly emphasises supporting businesses and enhancing the region’s competitiveness.

The strategy, known as “Forging Ahead,” will be presented to the Cabinet on 19 May 2025. If approved, it will guide council actions through 2030. Key priorities include boosting the borough’s business infrastructure, improving transport connectivity, and driving local procurement.

Among the highlights is an £8.4 million investment in the Templeborough Business Zone, designed to create new commercial spaces and jobs. The Council is also progressing plans for a mainline rail station at Parkgate to enhance regional and national connectivity—an initiative expected to benefit freight logistics and commuter access.

The plan includes initiatives to support local enterprises, such as strengthening supply chains, encouraging local spending, and delivering targeted business support programmes like “Go for Growth.”

Investment in public spaces is also central. A £4 million “Our Places” programme will focus on improving town and village gateways. In contrast, upgrades to public parks and the creation of 400 homes in the town centre aim to make Rotherham more attractive to residents and businesses.

From a workforce and community development perspective, the plan includes support for new families, facilities for young people, and expanded housing options for adults with complex needs, measures intended to boost workforce participation and community wellbeing.

A new Street Safe team will be introduced to address antisocial behaviour and improve perceptions of public safety, which often affects high-street businesses.

The Council sees the plan as a continuation of progress made since 2021, including road improvements and significant cost-of-living support. If adopted, “Forging Ahead” will serve as a roadmap for aligning public investment with private sector growth.

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.