Electric HGV trial puts AV Dawson on decarbonisation map

Middlesbrough-based logistics provider AV Dawson Transport has completed a trial of a 42-tonne fully electric HGV, clocking over 1,800 miles in just 10 days. The pilot, delivered in partnership with fleet electrification specialist VEV, demonstrated a 2.3-tonne reduction in carbon emissions across 42 commercial journeys.

The initiative is part of AV Dawson’s wider strategy to decarbonise its haulage operations, which account for over 80% of the group’s direct emissions. With the potential to slash emissions by more than 90% through full electrification, the company is now evaluating long-term integration of alternative fuel vehicles into its fleet.

The trial also has significant implications for clients, such as British Steel, by helping them reduce Scope 3 emissions, indirect emissions from their supply chain. As industrial firms face increasing pressure to meet net-zero targets, logistics partners like AV Dawson play a growing role in enabling emissions reductions across complex value chains.

VEV provided the end-to-end infrastructure for the trial, including vehicle supply, charging solutions, and real-world performance data. The company, backed by a major global energy firm, is targeting the widespread electrification of commercial fleets through managed trials and consultancy services.

With HGVs representing a large share of transport emissions in the North East—around 40%, this pilot marks a step forward for sustainable freight in one of the UK’s most industrially intensive regions.

New UK initiative backs pharma manufacturing overhaul

A research partnership between the University of Leeds and the University of Nottingham has secured ÂŁ1.8 million in funding from the Engineering and Physical Sciences Research Council (EPSRC) to advance pharmaceutical manufacturing in the UK.

The project, known as R4PID (Reconfigurable, Robotic & Responsive Reactors for Processes through Intensified Development), will focus on developing smart manufacturing technologies that accelerate drug production, cut environmental impact, and lower operational costs. The initiative is designed to align with the UK’s net zero goals and the sector’s shift toward automation and digitalisation.

R4PID will integrate AI-controlled reactors, machine learning, and advanced process monitoring to create more responsive and efficient production systems. Industrial collaborators AstraZeneca and ChemAI co-developed the project, which aims to reduce waste and improve materials efficiency in the pharmaceutical supply chain.

This initiative is one of six EPSRC-backed projects that together received nearly £7.5 million in funding. Each project was developed in collaboration with industry and centres on sustainable, high-tech approaches to manufacturing, reinforcing the UK’s growing reputation in research-driven industrial innovation.

Corporation tax non-compliance fuels widening UK tax gap

Corporation tax non-compliance has become the dominant factor in the UK’s growing tax gap, accounting for 40% of the £46.8 billion shortfall in 2023–24, according to new HMRC figures. The corporation tax gap rose to 15.8%, the highest level in over a decade.

Small businesses are now the biggest contributors to the overall tax gap by customer group, making up 60% of the shortfall, up from 48% five years ago. HMRC attributed the trend largely to rising non-compliance in this segment.

Despite a slight improvement in overall tax compliance, with 94.7% of tax liabilities collected, the data highlights an increasingly uneven picture. The combined shortfall in income tax, national insurance, capital gains tax, and VAT has continued to decline. In contrast, corporation tax compliance is slipping.

Personal taxpayers and high-net-worth individuals now represent just 10% of the tax gap. Still, HMRC warned of a growing risk of accidental non-compliance due to more people being drawn into the tax system through frozen thresholds and reduced allowances.

The release comes amid heightened scrutiny of HMRC’s operations, following public service complaints and a major phishing incident that resulted in £49 million being stolen through compromised tax accounts. The Treasury has pledged to recover £7.5 billion through stricter compliance measures.

Merger sees Streets expand North West presence

Streets, a Lincolnshire accountancy, audit, assurance and advisory practice, has announced a new merger with the Burnley-based firm MacMahon Leggate. The merger sees MacMahon Leggate become part of Streets. It also further extends Streets’ footprint across the North West, adding to its growing number of offices nationally. The merger coincides with the launch of Streets’ refreshed brand and visual identity. Richard Robinson, director at Streets MacMahon Leggate, said: “Merging with Streets is a hugely positive move for both our clients and our team. As a larger, people-centric firm with a small-office feel, Streets gives us the backing and bandwidth to offer clients an even more proactive, tailored and knowledgeable service with faster response times and a broader range of expertise. “For our clients in Burnley and East Lancashire, the merger opens the door to a truly comprehensive advisory service. Everything from business start-up support to scale up advice, corporate and personal life tax planning, and personal wealth management is now available under one roof. “Our team is equally excited about the future as they now have the opportunity to learn from a multidisciplinary group of professionals, progress their careers locally, and collaborate with like-minded colleagues who share a clear purpose and vision. “Personally, joining Streets gives me the support of a dynamic, growing team and the freedom to focus on what I do best, building lasting business relationships and helping clients thrive.” Paul Tutin, chairman and managing partner, Streets, said: “We are delighted to welcome Richard and his team to Streets. Their well-established presence in Burnley and East Lancashire aligns perfectly with our strategic vision for the North West, and the merger complements our growing number of regional offices. “We see great synergy and shared values in the way MacMahon Leggate supports its clients, and it is especially pleasing that we can build on this strong local reputation while offering broader advisory services and greater opportunities for growth. “This merger also comes at an exciting time as we unveil our new brand, a clear signal of our commitment to evolve while staying true to our values with independent ownership, people-focused service and a dedication to supporting clients and communities across the UK.” As part of the merger process, Streets Law – the firm’s specialist legal services arm – advised on all corporate aspects of the deal, working closely with internal colleagues across tax and audit.

Bank of England holds interest rates at 4.25%

The Bank of England has held interest rates at 4.25%, in line with expectations. The Monetary Policy Committee (MPC), which sets monetary policy to meet the 2% inflation target, voted 6 to 3 in favour of leaving rates unchanged. Three members preferred to cut rates to 4%.
Alpesh Paleja, deputy chief economist, CBI, said: “Today’s pause on interest rates is a pit stop on the way down. While inflation is likely to be bumpy over the next few months, we expect that the Monetary Policy Committee will look through this. Price pressures are gradually waning as the MPC predicted and downside risks to inflation are growing, particularly as the labour market looks to be cooling more decisively. “Nonetheless, there is still entrenched concern among some of the MPC about the persistence of underlying price pressures. The Committee will likely want to see further evidence that indicators of domestic inflationary pressure are easing – particularly wage growth, which remains higher than the MPC would like. They will also have one eye on whether renewed conflict in the Middle East will cause an oil price shock, which would have the potential to push up inflation even further. “The balance of all these factors reinforces our view that while the Bank will reduce interest rates further, they will do so gradually. We expect the MPC to cut rates three more times, bringing Bank rate to 3.5% early next year.”

Associated British Ports acquires Grimsby Seafood Village

Associated British Ports (ABP) has extended its property portfolio with the acquisition of the long leasehold interest of Grimsby Seafood Village, a seafood processing centre. The multi-let industrial site spanning over four acres is located on ABP’s Port of Grimsby in the Humber. The purchase of the long leasehold lasting 125 years, which ABP had previously granted to the owners of the complex, provides future security and support for an important hub of UK food production. The 70,000 square foot site comprises 21 units with several fish processing businesses. In 2010 the complex was built and operated by the Great Grimsby Seafood Village Limited. Andrew Dawes, regional director of the Humber ports, said: “The acquisition of the Grimsby Seafood Village strengthens Associated British Ports’ commitment to Keeping Britain Trading. “It enhances our property portfolio with a vital hub for the UK’s seafood supply chain – supporting regional jobs, boosting food security, and anchoring long-term supply chain resilience in the heart of the Humber.”

New operations centre boosts marine services in Grimsby

Prior Power Solutions has launched a new operational base in Grimsby, strengthening its support for the UK’s offshore wind and marine industries. The move positions the company closer to key offshore wind projects such as Hornsea, Triton Knoll, and Dogger Bank, where demand for reliable Crew Transfer Vessel (CTV) support remains high.

The Grimsby facility will focus on servicing, maintaining, and supplying parts for CTVs operating in the North Sea. This expansion builds on the company’s 45-year marine engineering track record and aims to minimise vessel downtime through faster turnaround and local expertise.

Grimsby’s established marine infrastructure, including its offshore wind training centre, vessel berthing facilities, and heavy-lifting capabilities, offers the logistical advantage needed for quick response times. The site also benefits from partnerships with local operators, including Bacon Engineering Group for custom fabrication and Grimsby Shipyard Services, which provides a 200-tonne boat hoist.

Now fully operational, the site marks Prior Power Solutions’ continued commitment to the offshore renewable sector. The firm remains an authorised dealer for major engine brands including Volvo Penta, Cummins, and Kohler, with servicing expertise extending to Scania and CAT engines.

Homes England acquires Ripon Barracks to build 1,300 new homes

Homes England and the Ministry of Defence (MoD) have confirmed that land at Ripon Barracks, a military site scheduled for closure, will be developed into 1,300 new homes following a sale between the two organisations. The homes will be complemented by a new primary school, community centre and retail area. The development will be delivered in phases, with initial work beginning at the vacant Deverell Barracks site to provide the first 150 new homes. The remaining areas – Claro Barracks, Laver Banks, and the former Engineering Park – will be developed following the scheduled departure of the Royal Engineers to the nearby Marne Barracks in Catterick. Deputy Prime Minister and Secretary for Housing, Angela Rayner said: “Unlocking underused public land like Ripon Barracks is exactly the kind of practical action people want to see, and a crucial part of tackling the housing crisis we face.

“By working with Homes England as a key delivery partner, we’re making a real difference for people in North Yorkshire by creating vibrant communities and driving economic growth. This marks another step forward in our mission to build 1.5 million homes in our Plan for Change.”

Homes England will act as the master developer for Ripon Barracks and will coordinate delivery of the essential infrastructure needed before construction can begin. This includes the planning of site-wide drainage, supporting road networks, and other key enabling works. Eamonn Boylan, Chief Executive of Homes England, said: “This milestone achievement is the result of government bodies uniting to drive forward this government’s mission of building 1.5 million homes this parliament. “By combining MoD’s land assets with Homes England’s planning and development expertise, we’ve unlocked a site with a historic past which we’re determined will shape the development’s future.”

SSP secures long-term F&B contract as Leeds Bradford Airport revamps terminal

SSP Group has signed a 14-year contract with Leeds Bradford Airport (LBA) to expand and operate its food and beverage portfolio, aligning with the airport’s £100 million redevelopment of its main terminal.

The deal will see SSP manage a broad mix of casual dining, grab-and-go, and premium bar concepts across the airport’s significantly upgraded retail and hospitality spaces. With a three-storey terminal extension set for completion before peak summer travel, the airport will increase its retail and F&B footprint by 75%.

SSP’s expanded presence will include well-known brands such as Upper Crust and Starbucks, alongside the launch of Monty’s Diner—its American-style casual dining concept—at a second UK location. SSP will also introduce AMT Coffee to a UK airport for the first time, opening a premium Juniper Bar and its craft beer-led Tap & Brew concept.

A newly opened Burger King and Tap & Brew are already operational as part of the first phase of the redevelopment. The refreshed terminal will also feature improved security, seating, and retail options, with full renovations scheduled for completion by winter 2026.

The agreement reinforces SSP’s strategic positioning within UK travel hubs while supporting LBA’s long-term vision to enhance the passenger experience and increase commercial revenue streams.

Joint appointed to lead Leeds Building Society’s brand push

Leeds Building Society has appointed independent agency Joint as its new lead creative partner across both consumer and business markets. The decision follows a competitive pitch process held in April, organised by Ingenuity+, and included a same-day workshop to assess each agency’s strategic thinking and collaborative style.

Joint takes over brand development, creative strategy, and campaign delivery, with a focus on expanding the “It’s better to belong” platform introduced by Brave Spark. The brief includes strengthening brand awareness, increasing market consideration, and supporting Leeds Building Society’s broader growth agenda.

With over ÂŁ31 billion in assets and a million members, Leeds Building Society is the fifth-largest building society in the UK. The appointment signals its intent to sharpen its brand presence and unify messaging across all customer and stakeholder touchpoints.