Finnish firm’s paper mill plan will bring more than 400 new jobs to Goole
Finnish firm Metsä Tissue has chosen Goole as the site in which it’ll build the UK’s largest state-of-the-art tissue paper mill, bringing hundreds of new jobs to the area.
This investment of several hundred millions of pounds will significantly reduce the quantity of tissue products that are currently imported into the UK and Ireland each year. The new mill will create at least 400 jobs at the facility, as well as thousands more across the supply chain and the local economy.
Esa Kaikkonen, CEO of Metsä Tissue, said: “Goole is the perfect location for this proposed investment. The Humber region provides a crucial gateway to the whole of the United Kingdom, and the region’s ambitions to bring cutting-edge green technology and jobs to the UK matches our ambitions in clean, sustainable manufacturing.”
Up to 45% of tissue products using in the UK and Ireland are currently imported. Metsä Tissue aims to replace almost half of the imported products with local British production, using fresh fibre pulp as the main raw material from sustainably-managed forests in the Nordics. Reducing the reliance on imports will have a positive impact on the UK’s productivity, carbon footprint and self-sufficiency for essential tissue products.
The Goole facility will use sustainable production technologies to deliver an efficient and modern facility with world class environmental performance. Metsä Tissue’s activity is rooted in sustainability, with a target for all products to be manufactured from fully fossil-fuel-free raw materials by 2030 as the company strives to achieve a net zero society.
Subject to planning and environmental permits and a final investment decision, the site will occupy an area of around 200 acres and will have the capacity to produce 240,000 tons of tissue paper, built in several phases over the next decade, serving both the professional and consumer markets – a level of production unrivalled in the UK. The planned facility would be the first major investment in the proposed Goole tax site within the Humber Freeport, which aims to accelerate inward investment in the Humber region.
Esa Kaikkonen added: “This exciting investment would bring the UK and Finland together through combining the sustainable raw material of fresh wood fibres grown in the Nordics with world-class local production of quality tissues in the UK. We are thrilled about how these plans can contribute to more sustainable local tissue production in the UK, offering alternatives to the currently imported tissue products. The project will significantly enhance Metsä Tissue’s presence in this country and underscores the importance of the UK market to our business in the years ahead.”
Invitation to public event
As part of Metsä Tissue’s plans to get to know the community in which it plans to invest, Esa Kaikkonen will host open-for-all public events on Thursday 2 November at 3 pm and 6 pm in the RaisE Building, Tom Pudding Way, Goole DN14 6BS. The event will be available to view on Metsä Tissue’s website at https://www.metsagroup.com/metsatissue/projects/metsa-tissue-mill-in-the-uk/
The area’s MP Andrew Percy said: “Fantastic news today for the Goole area. I met Metsa a few months ago to discuss what we can do to ensure local people are the first in line for these roles. The site chosen is alongside the motorway on Rawcliffe Road, just up from Glews and a full planning application will be needed. I’ve also spoken with Metsa about ensuring there is appropriate screening, tree planting and environmental enhancements which they support.
“None of this happens by accident and a big draw for Metsa to our area is the fact that the site is a ‘Freeport’ site bringing investment incentives.”
New All-Party group of MPs brings next meeting to Hull instead of Westminster
A new All Party Parliamentary Group on modernising employment is to back up its commitment to promote the regions of the UK by taking its next meeting out of Westminster and bringing it to Hull.
The APPG team hope the move will encourage business leaders across the country to join its discussions around providing meaningful support for the levelling up agenda by taking more jobs into the regions.
Chaired by Hull West and Hessle MP Emma Hardy, pictured, the APPG is inviting businesses to participate in the next meeting, which will take place at C4DI in Hull from 2pm until 4pm on Monday 2 October.
Speakers will feature Paul Devoy, CEO of Investors in People, Professor Stephen Hardy, Dean of Faculty of Business, Law & Politics at the University of Hull, and Keith Rosser, Chair of the Better Hiring Institute.
Ms Hardy said: “This APPG has been inspired by a desire to make UK hiring the fastest globally by harnessing technology to enable more people to work remotely in the regions instead of having to relocate to London.
“We’re practising what we preach by taking our next meeting out of the capital. We’re going to Hull because my work there has identified a groundswell of support for showcasing regional cities as destinations for employers.
“In particular, the Work Hull Work Happy initiative which we launched in 2022 found that digital developments in Hull have made the city the co-working working capital of the UK.
“Hull-based businesses showed us how they are using the city’s unrivalled connectivity to employ local people working on national projects, with pay and conditions to match.
“By meeting in Hull, the APPG wants to bring together more businesses from Hull and the wider Yorkshire and Humber area to explore the opportunities which exist now and to consider how we build on those.
“It is vital that we do this in partnership with businesses because we can’t talk about modernising employment without finding out what employers want.”
Firms urged to apply for share in £25m from Government for ‘natural’ flood defence schemes
Businesses, farmers, catchment partnerships, flood risk management authorities, and community groups are being encouraged to apply for a share of £25 million the Government wants to invest in projects using nature to protect communities from flooding.
Environment Minister Rebecca Pow announced today that the Government and the Environment Agency will support nationwide natural flood management schemes such as planting trees and creating wetlands to slow and store water to reduce the risk of flooding. These schemes are also proven to improve air and water quality, provide habitats for wildlife and create green spaces for communities.
This new funding builds on the £15m natural flood management pilot programme which ran until 2021. Across the 60 pilot projects supported by this programme, the equivalent of 1.6 million cubic metres of water storage was created and 15,000 homes were better protected from flooding, while 4,000 hectares of habitat and 610 kilometres of river were improved and 100 hectares of woodland were planted.
Environment Minister Rebecca Pow said: “Nature is an essential weapon in our armoury against flooding. Enhancing the natural landscape to slow rivers and hold flood water works hand-in-hand with the bricks and mortar protection we are building with our £5.2 billion flood programme.
“That is why we are driving investment to harness the power of nature. This approach not only reduces flood risk and helps tackle climate change, it can also benefit water quality, restore habitats and boost biodiversity. Natural flood management is a win-win-win.
Environment Agency chair Alan Lovell said: “In the face of a changing climate, and with the frequency and severity of flooding only likely to get worse, we need to act now. “The pioneers who already work with nature-based solutions to achieve greater flood resilience give me hope. I am delighted this new Natural Flood Management Programme will be open to environmental groups, catchment partnerships, farmers, landowners, and local authorities to speed up more investment in natural flood management.“Natural flood management gives us so many wider benefits and I look forward to seeing projects coming forward that also help to create habitats for wildlife, support better river quality, and sequester carbon.”
Projects supported by the £15m pilot include the Dorking Natural Flood Management Scheme, instigated after Pipp Brook in the Surrey Hills flooded due to its steep slopes. The partners created ‘wet woodland’ that benefits biodiversity and 30 ‘leaky barriers’ that allow water to spill into the natural floodplain, stopping too much water flooding into Dorking. Successful projects will cover a large enough area to provide demonstrable flood risk benefits. The Environment Agency will manage the programme. Expressions of interest in applying for funding opened today, and will close on 10 November 2023. Projects will be delivered during 2024-27. Further information on guidance on submitting expressions of interest and for the programme prospectus are at these links.Harrogate search marketing agency sets up new venture in America
Harrogate-based search marketing agency Zelst has established a new US venture following a number of client wins from US agencies looking to collaborate with UK specialists.
The new US business, based in Dover, Delaware, will aim to bring US work to the UK team more seamlessly, providing white-labelled digital services to often-stretched US agency and client teams.
The 17-strong firm, launched in 2006 by Peter and Sarah Van Zelst, has worked with US clients for over a decade, and embarked on a project to investigate US client opportunities last year.
Peter Van Zelst said: “The US economy is a little hotter than ours at present, and it’s a challenge to find highly-experienced search and PPC professionals in some areas of the States. We’ve seen a demand for our services, and the different approaches we bring to projects. Establishing a business in the US was the natural next step.
“As one of the north’s longest-established and most experienced search marketing agencies, we’re adept at workingcollaboratively alongside clients and agencies alike, and the East Coast of the US, in particular, is fairly straightforward to service, with its connections and smaller time difference with the UK.
“We’re working closely with the Department for Business and Trade in the US, as well as a variety of bodies and contacts we’ve made since researching the idea of growing our exports to the US, and expect the additional traction to bring a handful of new jobs as we build out the team to support the North American market.
He added: “Although, like every company, we’ve seen a lot of challenges in the last few years, in many ways, the seismic shifts driven by the pandemic and Brexit have opened people’s minds about how to grow their businesses.
“We’ve seen that the US has a challenge to find passionate and highly skilled teams of digital talent, and we’re offering them that additional bandwidth immediately, with lower overheads than they face in the vast majority of US locations.”
Zelst provides highly targeted SEO, content, paid search and biddable media management and content campaigns for businesses across the UK and also exports its services to a growing client base in the US.
Bank of England brings an end to run of interest rate hikes
Following a run of 14 increases, the Bank of England has chosen not to hike interest rates today (21 September).
It sees the current base rate remain at 5.25%, and comes after a surprise slowdown in inflation figures. This is thought to have eased pressure for another rise in rates.
The Bank of England’s Monetary Policy Committee (MPC) voted by a majority of 5–4 to maintain the Bank Rate.
Anna Leach, CBI deputy chief economist, said: “The Bank of England said they’d be data-driven: a sharper-than-expected fall in services inflation driving a small fall in the headline inflation rate has proved enough for the Monetary Policy Committee to hit pause on rate rises after 14 consecutive increases. Despite the pause and a slowing of inflation, many businesses and households will be still feeling the impact of tighter credit and higher prices.
“The coming months will be tricky for the Bank. They’ll be vigilant regarding developments in wages and inflation expectations, given private sector wage growth is still topping 8%. Meanwhile, the outlook for energy prices has shifted, with oil prices now pushing up and European gas prices once again at the mercy of the winter weather outlook. This could slow the pace of decline in the headline inflation rate and risks underpinning still-high core inflation. But the economy is showing signs of turning too: the unemployment rate has risen, vacancies are down and activity is slowing.
“The MPC’s next meeting date in November coincides with the publication of the Bank’s updated forecast and their full assessment of economic conditions. And before that we’ll see the full set of revisions to GDP from the ONS, as well as more data on economic conditions, before heading into the Autumn Statement later in the month. With business investment crucial to delivering growth, this presents an ideal opportunity for the Chancellor to shore up business confidence.”
Homes England publishes ‘one-stop guidance shop’ about housing resources
Homes England has today announced a new national index of professional housing resources.
The Housing Information Hub, now available on GOV.UK, will support the sector by providing direct access to over 300 sources of guidance, information and tools relating to homebuilding, placemaking and regeneration.
Developed by Homes England’s Local Government Capacity Centre, the Housing Information Hub has is one of a series of new initiatives designed in collaboration with local authorities and other partners to respond the needs, and asks, of the sector.
With the aim to cover the full housing and delivery journey, resources are split into five key areas – financing, leading, building, using land and planning
Mike Palin, Executive Director, Markets, Partners and Places, Homes England, said: “The Housing Information Hub is an excellent route map and “one stop shop” for advice and guidance for local authorities, developers, other professionals and individuals wanting to deliver quality places.
“In my local government career, including roles as CEO, I know that the Housing Information Hub would have transformed my ability to support the delivery of housing and regeneration and I look forward to sharing this resource to support authorities, their partners and other stakeholders.”
Leftfield acquires two warehouses totalling 94,000 sq ft at Thornbury Industrial Park Bradford
Specialist investment firm Leftfield has acquired two brand new, mid-box speculative industrial properties.
The units totaling 94,674 sq ft on Thornbury Industrial Park in Bradford, were bought from property developer Marshall CDP. CBRE acted on behalf of Leftfield and Carter Towler advised Marshall CDP.
Leftfield continues to add to its growing portfolio with the purchase of the final two mid-box units on the industrial park. Unit A comprises a 39,435 sq ft warehouse with 2,667 sq ft ground and first floor office accommodation whilst Unit C, housed on a 3.62 acre area, comprises a 49,357 sq ft warehouse with 3,215 sq ft of office space to the ground and first floors.
Both Grade A speculatively built units, completed in July this year, are vacant and available for immediate occupation.
Thornbury Industrial Park on Gain Lane is Bradford’s newest industrial location with the final phase of development providing three brand new units. Tenants on the estate include Astonish, Marsylka Manufacturing, Optimum Medical, Woodlands and Candy Hero.
Nico Fourie, CEO of Leftfield, said: “Demand for well located, high specification properties remains high in this underserved sector. We are excited to add these two excellent units to Leftfield’s Fund III, which continues to expand in key strategic locations.”
The units are available to let via CBRE, Carter Towler and JLL.
Metsä Tissue chooses Goole for planned landmark UK investment
Metsä Tissue has chosen Goole as the site for its planned new state-of-the-art tissue paper mill in the UK.
This landmark investment of several hundreds of millions of pounds will deliver the largest tissue mill in the UK and significantly reduce the quantity of tissue products that are currently imported into the UK and Ireland each year.
The new mill will create 400+ jobs at the facility, as well as thousands more across the supply chain and the local economy.
“Goole is the perfect location for this proposed investment. The Humber region provides a crucial gateway to the whole of the United Kingdom and the region’s ambitions to bring cutting-edge green technology and jobs to the UK matches our ambitions in clean, sustainable manufacturing,” says Esa Kaikkonen, CEO of Metsä Tissue.
Up to 45% of tissue products are currently imported into the UK and Ireland. Metsä Tissue aims to replace almost half of the imported products with local British production, using fresh fibre pulp as the main raw material from sustainably-managed forests in the Nordics.
Reducing the reliance on imports will have a positive impact on the UK’s productivity, carbon footprint and self-sufficiency for essential tissue products.
The Goole facility will use cutting-edge sustainable production technologies to deliver an efficient and modern facility with world class environmental performance.
Metsä Tissue’s activity is rooted in sustainability, with a target for all products to be manufactured from fully fossil-fuel-free raw materials by 2030 as the company strives to achieve a net zero society. Additionally, the business aims for all its mills, including the new Goole facility, to operate without the use of fossil fuels by 2030.
Subject to planning and environmental permits and a final investment decision, the site will occupy an area of around 200 acres and will have the capacity to produce 240,000 tons of tissue paper, built in several phases over the next decade, serving both the professional and consumer markets.
The planned facility would be the first major investment in the proposed Goole tax site within the Humber Freeport, which aims to accelerate inward investment in the Humber region.
Minister for Investment, Lord Dominic Johnson, said: “This investment is a huge vote of confidence in Goole, Yorkshire and Humberside. With hundreds of millions of pounds being committed, and thousands of jobs being created at both the new site and in the wider supply chain, this will have huge benefits for workers and businesses in Goole and many communities across East Riding, Yorkshire, Humberside and North Lincolnshire.
“We know that Yorkshire is one of the best places in the country to invest, and today’s announcement by Metsä further cements this. Last year alone, we saw 103 new projects in Yorkshire that were a result of inward investment, which collectively will create over 7,000 jobs.”
Firms share in Towns Fund payouts totalling £37,000
Two Keighley and Shipley area firms have benefitted from Towns Fund Business Growth Programme funding, sharing almost £37,000
Print and direct mail business Fretwell Print and Design, of Goulbourne Street, received £19,989 towards replacing their printer with a new model, which has created two new jobs.
Aluminium glazed façade manufacturer and installer Airevalley Architectural (Aluminium) Ltd, of Parkwood Street, was able to create three new jobs after receiving £16,775 of funding towards machine software and installation, as well as upgrading the factory’s facilities.
Councillor Alex Ross-Shaw, Bradford Council’s Portfolio Holder for Regeneration, Planning and Transport, said: “Grants ranging from £1,500 to £315,000 are still available for businesses within – or looking to move to – the Keighley and Shipley Towns Fund Areas, and other businesses are invited to apply.
“The funding is available for start-ups, small, medium-sized and large businesses and can be used to either expand, increase productivity, create a new business, safeguard existing jobs and create new ones.”
Ian Hayfield, chairman of Keighley Towns Fund, said: “We are delighted to have made such a significant difference to these local businesses in a relatively short space of time. The funding will have an impact for years to come and the successful growth of our business community will help drive social and economic change for the whole area.”
The Business Growth Programme Capital Grant is a £4m fund to directly support businesses within these areas with approximately £2m each allocated to the Keighley and Shipley Towns Fund areas.
Streets Chartered Accountants covers self-employed tax changes, fortitude in family businesses and more in new news roundup
Streets Chartered Accountants covers self-employed tax changes, fortitude in family businesses and more in its latest monthly news roundup.
Webinar: Changes to the way the self-employed and those in business partnerships are taxedHMRC, His Majesty”s Revenue and Customs, has introduced changes to the basis period, the defined timeframe used to calculate the taxable profits for taxing the self-employed and those in business partnerships. The changes relate to this tax year, 2023/24 and beyond. Book Now
Mersea Week celebrations continue into September with the Round Mersea Island Race, sponsored by Streets WhittlesWith time and tide waiting for no man, this year’s popular Round Mersea Island Race took place on Saturday 2nd September, the weekend after its usual scheduling at the end of the celebratory Mersea Week. The reason for the WMYC making a change to the usual format is to work with the tides. With High Water at 14.43 and a height of 5.7m, this was one of the highest of the year and perfect conditions for the race round the island covering over 14 nautical miles. Read More
Podcast: How Streets Banking and Finance is supporting SMEs and owner managed businessesIn this episode of The Streets Sessions, Streets talks to their Head of Banking & Finance, Martyn Shakespear, about the work of his team in supporting businesses and gains an overview of the challenges and trends in business finance and funding. Listen Now
