“These new powers will enable local communities to take back control, backed by over £15 billion of levelling up funding which is transforming towns and left-behind communities across the UK.”
Local authorities to be given power to offer empty shops at bargain basement prices
PepsiCo invests £8m in Lincolnshire factory
PepsiCo has announced an £8m investment in its Pipers Crisps manufacturing site in Brigg, Lincolnshire, to meet growing demand for the popular snacks. It coincides with the 20th anniversary of Pipers Crisps and marks five years since PepsiCo’s acquisition of the brand.
The funding will boost production capacity at the site by nearly 80%, through replacing existing crisp fryers with new energy efficient models and installing new packaging machines at the Lincolnshire factory, which has been the home of Pipers Crisps since 2004.
New, more efficient fryers replacing the existing fryers as part of the investment are helping to reduce the site’s greenhouse gas emissions by over 200 tonnes a year. This contributes to PepsiCo’s pep+ commitment to target an absolute reduction across its value chain by more than 40% by 2030, reaching net-zero emissions by 2040.
Originally available in small independent pubs, bars, cafes and farm shops, Pipers has expanded its distribution network to include national wholesalers such as Booker, Brakes and Bidfood, alongside hospitality operators Mitchell & Butlers, Stonegate and Youngs.
The brand’s export business is worth over £2m, shipping to countries including France, Italy and across Scandinavia. The recent investment will help unlock further export opportunities for the premium crisp brand including to the Middle East, China and Japan.
Alongside increasing production, the investment will go towards upgrading facilities for the factory’s 100 local employees, including improvements to workspaces and staff changing rooms.
PepsiCo has continued to invest in its UK manufacturing sites, with a total of £127m committed in investment over the last four years, including a £58m investment in its Leicester factory announced last year.
Mirjam Fogarty, head of operations, Pipers Crisps, said: “Pipers is a much-loved brand with a rich heritage, and we’re delighted to be making this investment at such an exciting stage in our journey.
“From small independent pubs, cafes and farm shops, to working with some of the UK’s biggest wholesalers and hospitality operators, the funding will help us bring our delicious crisps to more people, wherever they are, and expand our brand internationally.
“With Pipers’ 20th birthday fast approaching, I’m looking forward to the next phase of our growth.”
High energy use companies offered help to cut bills
“This will not only help cut bills in the long term, but ensure we keep reducing our emissions – having already led the world by halving them since 1990.”
More than 1,000 projects have now received funding since 2020 to upgrade thousands of buildings through the Public Sector Decarbonisation Scheme. Salix Chief Executive Emma Clancy said: “The climate crisis is one of the greatest challenges of our time. It requires all of us, including governments and businesses, to make change and reduce our carbon footprint. “The Public Sector Decarbonisation Scheme enables the public sector to tap into a fund which can transform our public buildings. These are the sites we use every day; our schools, universities, leisure centres and others will become more energy efficient as well as being comfortable places to use thanks to this funding. “Every day our teams at Salix work with the public sector to achieve ambitious net zero goals and we’re looking forward to working with the latest successful Public Sector Decarbonisation Scheme grant recipients.”Waste management company fined after worker burned
Premier Asset Finance appoints business development manager for the Humber and East Midlands
Andy Craggs has joined Premier Asset Finance as business development manager, focusing on the Humber and East Midlands. Andy joins Premier Asset Finance with over 35 years of experience in the asset finance industry, having spent the last 25 as Managing Director at asset finance brokerage, ECS Group.
As Managing Director of ECS Group, Andy supported clients and equipment suppliers across the Humber, East Yorkshire, and Lincolnshire regions, specialising in sourcing suitable funding solutions for businesses with a focus on renewable and sustainable energy projects. As a business development manager across the Humber and East Midlands for Premier, Andy will work with new and existing clients and report to Ken McKeating, Managing Director of Premier Asset Finance. Commenting on his appointment, Andy said: “I’m delighted to have joined Premier Asset Finance, working with Ken and the team to develop new relationships with clients in the East Midlands and the Humber, as well as continue to service our existing clients in this region.”Ken McKeating, Premier Asset Finance Managing Director, added: “We’re pleased to welcome Andy to the Premier Asset Finance team. Andy has a wealth of experience in the asset finance industry, running ECS Group, a respected asset finance brokerage for 25 years.
“At Premier we’re continuing to bolster our already experienced team and Andy will be bringing his invaluable experience from the industry, especially in the green asset space. Building our knowledge in this area continues to be a key focus for Premier as we grow.”
Chesterfield motor finance firm grows with acquisition of Leeds broker
Immingham-based Casper Chartering buys seventh ship for its fleet
Immingham-based Casper Chartering Limited has bought the cargo vessel MV VESPER from Norwegian owners.
MV Vesper is the latest vessel to join Casper’s growing fleet, which now has seven ships. Built in 2006, Vesper is 88.60m long and is berthed at Douglas in the Isle of Man, from where she trades within the North Sea and Mediterranean Sea alongside the rest of the fleet. Pete Buffam, managing director of Casper Chartering Limited, said: “It has been an incredibly busy start to the second quarter of this year, with our fleet spread right across our trading range. Just last month, we ensured the safe delivery of ocean freight including urea, steel coils and grain to several ports such as Denmark, Belgium, Germany, Italy, Egypt and Turkey. “We are very grateful for the guidance provided by the team at Andrew Jackson Solicitors who were able to move quickly on the purchase of MV Vesper. She is already providing much needed support and has recently returned from the German Port of Mukran, one of our regular trading routes, to transport grain back to Europe.” Dominic Ward, senior partner and head of shipping and transport at Andrew Jackson, added: “It has been a pleasure to assist Casper Chartering on its latest vessel purchase. Having worked with the Casper Group for several years, we are particularly delighted to see them strengthen their position as one of the UK’s leading cargo vessel operators.”Sheffield student accommodation property sold
Unite Students, the owner, manager and developer of student accommodation, is selling six properties to PGIM Real Estate for £184m, of which Unite’s share will be £76m.
The properties, comprising 2,948 beds, are located in Birmingham, Cardiff, Leicester, Liverpool, Nottingham and Sheffield.
The disposal is part of the Group’s portfolio management strategy to increase alignment to high and mid-ranked universities which have the strongest outlook for student demand and support sustainable rental growth.
In Sheffield the 437-bed Exchange Works has been sold.Joe Lister, Unite Students Chief Executive, said: “These disposals continue our disciplined approach of recycling capital for reinvestment and further increases our alignment to the strongest universities.
“The growth outlook for purpose-built student accommodation remains compelling and we are tracking a number of new investment opportunities at attractive returns.”