British Steel employees win national awards
Plans for historic Whitby landmark to become a cultural hub
Eventful times for business
Helmsley Group marks another successful year after £17m regional investment
Property investment specialist Helmsley Group is celebrating another profitable year for the business, having invested £17m in properties across Yorkshire over the last year on behalf of its client investors.
The York-based business, which has reported a year-on-year increase in profits of circa 20% across the Helmsley Group of Companies, has also seen further consistent growth in its network of over 800 client investors.
The positive performance comes following a milestone year for Helmsley, which included the submission of plans for Coney Street Riverside, a once-in-a-generation scheme that seeks to significantly regenerate York’s underutilised riverfront.
It has also continued to invest in its specialist team of property professionals, with head of asset management, Alexia Swift-Cookson, having been made a director, and Tom Riddolls having joined as a development surveyor.
Earlier this year, the Helmsley Group of Companies announced the launch of Yorcation, a holiday lettings specialist aimed at helping owners of holiday lets provide the best possible guest experience.
Richard Peak, Managing Director at the Helmsley Group, said: “With my 25th anniversary of working with the business approaching, I have spent time reflecting on Helmsley Group’s success to date. I’m hugely proud of the continued investment and impact that we have made across the Yorkshire region, with these results demonstrating that property continues to be a secure investment, despite ongoing market volatility.
“We have always prided ourselves on investing and developing in the areas we know and understand best, so as to deliver the best possible returns for our client investors, and this year has been no exception. We want to say a huge thank you to all of the team for their ongoing hard work and their commitment to this strategic, sensitive approach to property.”
Three major occupiers secured for Grade A Leeds office building
Three major occupiers have taken up two floors at Fiera Real Estate UK (FRE UK) and Opus North’s completed building, 12 King Street, in the heart of the Leeds Business District.
Global consultancy, Arcadis, is set to shift their local team to 12 King Street. Michael Page, a leading UK recruitment company is also set to occupy a floor in the building, relocating staff from their current location in Leeds.
Reward Finance Group, a market leading funding provider, are the third party to sign up to the landmark building, which comprises 54,000 sq ft of Grade A space. These three occupiers join Endless and Rothschild who recently relocated their Leeds offices to 12 King Street.
A significant £11m transformation of the building, which was completed in June 2022, includes a striking new facade, a complete replacement of the fifth and sixth floors, a state-of-the-art cycle spa, extensive roof terraces and the addition of a sky lounge which offers a unique communal space for occupants.
Sustainability and environmental considerations have also been at the forefront of the design of the redevelopment. The scheme has achieved a 14% reduction in carbon emissions, 29% less energy consumption for heating and cooling, and 42% less water consumption.
Ryan Unsworth, joint Managing Director at Opus North, said: “We are thrilled to secure three more major occupants who are relocating their main offices in Leeds to 12 King Street. It’s a real testament to what is happening in the office market – occupiers are seeking the very best, most-inspiring, workspaces for their teams and clients, as well as demanding buildings with strong sustainability and environmental credentials.”
Chris Button, head of value add at FRE UK, added: “We are delighted to have secured three market-leading occupiers for this landmark building, which has been substantially remodelled and refurbished to achieve our ambition of delivering a cutting-edge office space that promotes wellbeing and a truly future-proofed building in one of the UK’s major regional markets.”
Clair McGowan, associate director at CBRE, said: “This is truly a spectacular building which provides inspiring spaces to encourage creative thinking, team collaboration and social interaction. It is the workplace of the future following a comprehensive refurbishment with flexibility and technology at the heart of its redesign.
“It is also a healthy building that encourages wellbeing and productivity, a real draw for office professionals returning to the workplace. We are delighted to secure all three parties in this state-of-the-art building in a prime location in the city.”
Nick Salkeld, director at Fox Lloyd Jones, said: “We’re very proud to have acted on these significant lettings proving the demand for quality workplaces within the Leeds office market. 12 King Street has set a new benchmark for its combined sustainability, wellbeing and digital connectivity features and it’s a true testament to welcome more major businesses.”
A further floor and half is under offer and in legals, leaving just 12,000 sq ft remaining ready for occupation, with CBRE, Fox Lloyd Jones and Knight Frank acting as letting agents on the scheme.
Consulting engineers expand team at new Leeds office
Motor Source ESFL champions crowned
Yorkshire and Lincolnshire company receives global award during 40th anniversary year

Ex-pro rugby player joins Harrogate estate agency
SMEs have shouldered average 26% energy price hike this year, survey finds
Nine in 10 UK SMEs have reported hikes in their energy costs in 2023, with companies increasing their own prices and investing in their operations to help mitigate the impact, Paragon Bank research has found.
Paragon’s survey of more than 500 businesses, conducted on behalf of the bank by Opinium, found that, on average, companies experienced a 26.6% increase in their energy bill during the first three months of the year.
Four in 10 reported an increase of between 20% and 50%, with one in 10 recording an even larger energy bill hike.
The increase in energy costs reflects the broader inflationary pressure facing UK SMEs. Businesses reported an average cost increase for raw materials of 22.6% during the period, and 21.4% in the cost of new equipment and machinery. Additionally, employee salary costs were up 17.7% on average.
Businesses have implemented a range of measures to mitigate the energy cost increase. The most common action was to increase the price of their own goods or services, implemented by 54% of SMEs and being considered by a further 26%.
Companies have also invested in their own operations to make themselves more energy efficient – 38% of businesses said they have made investments in greener equipment, such as more energy efficient machinery, with 36% making changes to their premises, such as the installation of solar panels.
Other measures implemented by companies included encouraging more employees to work from home (27%), refinancing or extending loan terms on assets (20%), seeking new equity finance (21%) and taking out additional loans to fund the business (19%).
Conversely, SMEs said they had cut planned investment (33%), whilst one in five had reduced production output (19%).
John Phillipou, Paragon Bank SME Lending MD, said: “The cost of energy has negatively impacted the majority of business throughout the UK, even with the Government support package. Businesses have responded in several ways, with price increases being the most obvious way to mitigate the increase.
“However, it’s also positive that companies have been looking at ways they can reduce their energy bills by making themselves more efficient. We have seen businesses invest in their operations with the addition of more energy efficient equipment, whilst we have also funded changes to premises, such as the addition of solar panels. These are positive steps towards a greener future.”