Sharpest manufacturing price growth since 1976

UK manufacturing output growth picked up in the three months to February, but the balance of manufacturers expecting price rises in the next three months was at its highest since December 1976. That’s according to the latest monthly CBI Industrial Trends Survey, based on responses from 224 manufacturing firms.
  • The balance of manufacturers who expect price rises in the next three months rose to the highest since December 1976 (+77% in February 2022, +78% in December 1976).
  • Growth in output volumes accelerated in the three months to February compared with the same period one month earlier (+26% from +14%). Output increased in 13 out of 17 sectors, with growth driven by the chemicals and food, drink and tobacco sub-sectors.
  • Total order books were strong in February (+20%, from +24% in January), while export order books improved slightly and remained above their long run average (-7%, from -10% in January; average of -19%).
  • Stocks of finished goods were seen as inadequate again in February, but with some improvement shown for the second consecutive month (-14% from -17%).
Anna Leach, CBI deputy chief economist, said: “Manufacturers will be buoyed by strong order books and output growth, but amid ongoing cost pressures, almost 4 in 5 firms expect to increase prices in the next three months. “With high inflation dampening growth prospects in the wider economy, the Government must use the Spring Statement to help get businesses investing more, supporting higher growth, productivity and wages. That should start with a permanent Investment Deduction as a successor to the Super Deduction, which ends next year.” Tom Crotty, group director at INEOS and chair of the CBI Manufacturing Council, said: “It is great to see that total order books remained strong in February and that output volumes grew more quickly than in last month’s survey, increasing in 13 out of 17 sectors. “But with rising prices and inadequate stocks of finished goods, the cost-of-living crunch continues to bite across the sector, alongside continuing global energy and supply chain challenges. “While the Government must continue to address these shorter-term challenges, it must also look ahead and focus on productivity. For instance, with a future-focused approach to skills and regulation and an industrial strategy that instils confidence in manufacturers.”

Professional services firm announces plans to acquire financial planning business

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Leeds-based multi-disciplinary professional services firm, Progeny, has announced plans to acquire Chartered financial planning firm, RU Group. The deal, subject to FCA approval, will increase Progeny’s total assets under management to over £3bn and allow the business to expand its presence in South Yorkshire and the East Midlands. RU Group are wealth management and retirement experts with a team of 48 employees based across three offices, in Nottingham, Derby and Sheffield. Becoming part of the Progeny business will give RU Group’s clients access to an additional range of legal, financial and professional services via Progeny’s multi-disciplinary offering. The RU Group were established in their current form in 2003 but the origins of the business date back over 100 years. Andy Dyke, chairman, RU Group, said: “This is a momentous milestone in the RU Group’s history, securing the future for our clients, and we’re delighted to become part of the Progeny business. “We have built a well-established firm that is also well positioned for continued future growth, with Chartered status, a strong client-first ethos and a belief in the importance of embracing technology in the future of financial advice. “What’s more, we are committed to creating long-term prosperity for our clients, placing them at the centre of our decision-making. For all these reasons, Progeny and RU Group are an obvious fit.” Neil Moles, CEO of Progeny, said: “We’re very happy to welcome a firm with the prestige and heritage of RU Group into the Progeny fold. “As a locally owned and managed company, RU Group are embedded in the communities in which they operate. They have demonstrated consistent entrepreneurial organic growth in AUM and profitability, supported by a highly qualified and well-developed team with excellent potential for the future. “We look forward to welcoming RU Group’s clients to Progeny and offering them the chance to benefit from a vast range of additional professional services to meet all their legal and financial requirements. “Our acquisition strategy is driven by our commitment to providing a high-quality multi-disciplinary service to clients, and our acquisition of RU Group is the next step in this strategy. We have a clear philosophy for growth, and clients – existing and future – will always be at the heart of this. “This is a highly significant acquisition, in size and status, and we’re excited about what we can achieve together going forward.” As a result of the deal, Ian Browne, head of advice at RU Group, will become chief of advisory services at Progeny. On Ian’s appointment, Neil added: “Ian comes with a breadth of experience having managed large teams and worked in the industry for many years, both at Standard Life and most recently in his role at RU Group. The chief of advisory services position will be fundamental to the next stage of our growth and we are looking forward to welcoming the experience and energy that Ian will bring to the business.” A team from Progeny’s corporate legal department acted as legal adviser to Progeny on the transaction. RU Group were supported by their legal adviser, Ed Foulkes of Clarke Wilmott, together with Roderic Rennison and John Chapman of Catalyst Partners Ltd.

Commuted Sums bring about major improvements at Well Lane Play Area, Willerby

Willerby Parish Council have completed works at Well Lane Play Area, Willerby, using the £9,295 funding from East Riding of Yorkshire Council as part of Commuted Sums from local housing developments. In addition to the Commuted Sums funding, Willerby Parish Council provided £1,839 towards the £11,134 project. The funding from Commuted Sums allowed the Parish Council to purchase and install a Shade Sail in the centre of the play area to provide shelter from rain and shade from the sun on hot days  – previously, the play area didn’t have any covering, leaving visitors exposed to the elements. Caroline Handforth, Clerk at Willerby Parish Council, said: “The Parish Council are delighted with the installation of our fabulous new Shade Sail. We were hoping that it would be installed before the Spring, so we were thrilled when it was completed before Christmas! “We are now looking forward to it providing some welcome shade from the sun for both parents and children in the summer months (or alternatively shelter from an unexpected rain shower!). The Parish Council will also be hoping to install seating around the Shade in the future. Thank you once again to East Riding of Yorkshire Council Commuted Sums for the funding award.” Councillor Claire Holmes, portfolio holder for planning, infrastructure, and housing, added: “The completion of this project at Well Lane play area will make a real difference for the many users of this facility. It’s very pleasing that we have been able to facilitate this funding through Commuted Sums, provided by local housing developments as a condition of their planning approval.”

Solar energy the key to powering Hull’s carbon neutral future

Hull City Council have appointed specialists in the renewable energy sector to assess the feasibility of the council’s corporate sites for installation of a number of green energy projects. The council are looking at installing rooftop solar photovoltaics (PV), solar farms, wind turbines and solar canopies across their corporate sites. Hull City Council have appointed the Locogen Group, award-winning specialists in the renewable energy sector, to assess the feasibility of the council’s corporate sites for installation of rooftop solar photovoltaics (PV) and solar farms. They are a UK-based company who develop, build, and operate renewable energy systems including wind, solar, and hydro (water) projects. Solar PV is the generation of electricity using energy from the sun. EvoEnergy Ltd will be assessing council vehicle car parks for the installation of solar canopies. They are a UK-based award-winning renewable energy company. They develop design, construct, monitor and maintain renewable energy systems including solar canopy structures, batteries and EV charging networks for public sector and private sector companies. Wardell Armstrong LLP will be in charge of assessing council sites for the installation of wind turbines. They are an environmental and engineering consultancy with over 180 years of experience in the sector. These projects form an important part of the council’s mission to become carbon neutral by 2030. The council becoming carbon neutral would mean that that any carbon emissions would be compensated by CO2 reductions or removals. You can find more information on the council’s vision for carbon neutrality here. The council aims to produce no carbon emissions by 2040. All three companies are market leaders in the renewable energy field. The studies undertaken will involve high-level desktop analysis, site visits and detailed project development. Councillor Rosie Nicola, portfolio holder for environmental services, said: “In 2019, the council made a commitment to become carbon neutral by 2030. The plans to install renewable, solar energy form an essential part of that plan and will help us get closer to that goal. “The installation of solar power would increase the council’s renewable energy production, decrease its reliance on power from other sources and increase local energy security and resilience. It could also have the potential to provide the council with a long-term, low-carbon source of revenue.” Kevin McKoen, Principal Consultant at Locogen, said: “We are delighted to help Hull City Council meet their carbon neutral objectives by 2030. Their dedication to this goal is admirable and something we hope other Councils will take inspiration from.” Diala Isid, Renewable Energy Consultant at EvoEnergy said: “We are proud to have been given the opportunity to support Hull City Council on their journey to become carbon neutral by 2030. This study will demonstrate the capability of solar canopies and the potential benefits it can provide to reduce reliance on grid energy, provide a greener source of energy and improve driver’s experience. Hull City Council is setting a fantastic example in the drive towards creating a more sustainable future.” Ian Gillard Associate Director – Energy & Climate Change at Wardell Armstrong said: “Wind energy is a mature renewable energy source that has been successfully deployed in many countries. The Intergovernmental Panel on Climate Change estimate wind power could grow to meet more than 20% of global electricity demand in 2050. This shows the importance of investing in and scaling up wind power capacity.”

Accountancy firm scoops up Leeds practice

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Accountancy firm Armstrong Watson, which has 17 regional offices from Glasgow to Leeds, has acquired long-standing Leeds practice Grants Chartered Accountants. The merger sees 7 Grants staff join the firm’s Leeds city centre office. Jonathan Grant has also joined Armstrong Watson as a consultant and will continue to provide tax and accounting services to existing clients, whilst at the same time allowing him to reduce his working hours and transition towards retirement. Both firms have a similar ethos and pride themselves on serving family businesses and individuals across the region. Jonathan saw the acquisition as a great opportunity for all parties. He said: “The decision to join forces with another long-established firm of independent business advisers has been carefully considered and brings positive benefits to our two most important cohorts – clients and staff. “I believe clients will continue to receive quality, personal service and for some it will give them the benefit of being able to pull in the skills of a larger firm. The opportunities that exist at Armstrong Watson will benefit those clients significantly.” Commenting on the merger, Paul Dickson, Armstrong Watson managing partner and CEO, said: “We are delighted to welcome the clients and colleagues of Grants to our Leeds practice. We are very much forward looking forward to working with Jonathan and his colleagues at Grants. “This merger combines two firms of similar culture, with complementary practice strengths and sector expertise. We hope that by offering an increasing range of specialists and advisers, we will ensure that we continue to provide Grants’ clients with tailored, proactive support and advice essential for profit and growth.” This deal follows three acquisitions for Armstrong Watson in the last 12 months, with the firm expanding in Leeds, Hexham and Carlisle.

Engineering consultancy takes 19,000 sq ft at Leeds’ Wellington Place

WSP, the engineering professional services consultancy, has snapped up 19,000 sq ft of Grade A office space at 3 Wellington Place with plans to move in during Q2 of this year. Across the UK, WSP is embarking on a significant recruitment drive in 2022, adding to the 400 people the firm currently employs across Yorkshire to support clients including Leeds City Council, Leeds Teaching Hospital NHS Trust and West Yorkshire Combined Authority. The new office space at Wellington Place will act as a blueprint for WSP’s new ‘workplace of the future’ standards, focusing on employee wellbeing, collaboration and sustainability. 3 Wellington Place has a BREEAM Excellent rating as well as electric vehicles charging points, bicycle stations and quicker access to public transport, particularly Leeds train station. Mathieu du Plooy, Chief Operating Officer, UK & South Africa at WSP, said: “People are the beating heart of any business and it’s so important to provide spaces which enable great team relationships, increase collaboration and ultimately enhance people’s experience. At WSP, we’re excited to see our workplaces being thriving hubs once more – where collaboration is easy and development a priority – and 3 Wellington Place in Leeds will help us achieve that.” Matthew Wherry, head of corporate real estate at WSP UK, said: “Our new office in Leeds city centre will provide access to fantastic amenities for our people and an exciting hub to support WSP’s future growth in the region. Our focus on employee wellbeing played a major role in selecting Wellington Place as our new Yorkshire base, with the broad range of community initiatives available to us.” The deal for WSP was advised on by global property consultancy Knight Frank, whilst Savills acted on behalf of MEPC. Paul Pavia, head of development at MEPC Wellington Place, added: “WSP is a leading name in its field, and we’re honoured that it has chosen Wellington Place as its new Leeds base. Its reasons for locating to Wellington Place are a testament to the strong sustainability credentials and community feel at the development, as well as the range of initiatives and events that the team put on for our occupiers.” Richard Clark, partner at Knight Frank Leeds, who advised WSP, said: “It’s been a pleasure to work with WSP to secure a city centre office space that suits its needs, whilst offering a sustainable solution for its business. “WSP is moving into one of the finest office buildings in the city. Apart from the BREEAM excellent rating, 3 Wellington Place offers extensive amenities including basement parking, bike maintenance stations, electric vehicle charging points and shower/changing facilities, plus cafes and restaurants at ground level.”

Victory Leisure Homes chooses a ‘downright special’ charity of the year

 Victory Leisure Homes – the luxury holiday home manufacturer, with sites in Gilberdyke and Hull – has announced its chosen charity for 2022, which is an organisation particularly close to the heart of one long serving member of staff.

Chris Rooks, flooring department team leader, has worked at Victory for over a decade. Four years ago, he became a dad to daughter Millie, who was diagnosed with Down Syndrome before she was born. Chris said: “Following the diagnosis, we were contacted by Downright Special and given helpful information packs on what to expect. The team were in regular contact with us from that point and have been a real lifeline for the whole family ever since.”

Downright Special supports children with Down Syndrome in Hull and the East Riding, assisting families and professionals in all aspects of the care and education of children with the condition. Its aim is to build a brighter future for children with Down Syndrome, supporting them to achieve their full potential and promoting successful inclusion in all aspects of life.

Chris continued: “We visit Downright Special’s Bransholme location on a weekly basis and Millie takes part in lots of different activities. While she’s enjoying football or soft play, my wife Emma and I are able to chat with other parents who share the same challenges as us and understand what we’re going through. It’s an amazing community and I’ve made some true friends there.

“When we were asked to nominate a charity to support this year, I of course suggested Downright Special. My dad and uncle both work at Victory too, so they also proposed the same charity – and I know a couple of my close friends picked it too. It’s great to have the support of my friends and family here at Victory. We’re a close team and I’m looking forward to seeing what we can achieve this year.” 

Gillian Bowlas, charity manager at Downright Special, said: “We’re delighted that Victory has selected Downright Special as its chosen charity this year. We’re run by a small team of professionally trained volunteers and staff and offer a range of services – from sensory groups for babies and weekly fun and education sessions to sharing resource packs with children starting school, training teachers and working with local health and education services to improve the care pathway.

“To have support from big local businesses like Victory is absolutely fantastic and will have a big impact on the charity. We look forward to seeing what we can achieve this year!”

Victory designs and manufactures luxury holiday homes and lodges from its East Yorkshire sites, employing more than 400 people locally.

Shirin Kemp, marketing director at Victory added: “We’ve always supported local charities at Victory. Giving back and doing the right thing for our members of staff has always been core to our values and our ethos as a company.

“Chris has been an exceptional team member here at Victory and the support the charity provides for Millie and the whole family has obviously been invaluable. We’re incredibly proud to be supporting Downright Special this year.

“First up, we’ll be taking part in a sponsored five-aside football match planned on 15th March, which falls just before Down Syndrome Awareness Week – which is 21st – 27th March. There are plenty of activities planned for the next 12 months – so watch this space!”

Final resurfacing work to start around the Corn Exchange and New Briggate

The Connecting Leeds £25million transformational Corn Exchange project is due to complete following resurfacing works which are happening later this month.
Once fully complete, the area around the Corn Exchange will see restrictions to general traffic, allowing for bus priority measures, enhanced bus stop signage and facilities, safer cycle tracks and pedestrian crossings. There will also be a new public realm space created directly outside the Corn Exchange, more greenery and wider pavements, making room for al-fresco dining on Lower Call Lane. Also part of the scheme, New Briggate will now be partly pedestrianised with upgraded cycle tracks. Traffic has been removed from this route onto Vicar Lane which allows the creation of outdoor opportunities for the growing restaurant and bar sector in the area. The resurfacing, which is due to happen later this month, involves removing 50mm of existing road surface, re-setting drainage covers and manhole lids and re-painting white lines and other road markings. Night-time closures will be in place, with roads closing at 8pm to general traffic and re-opening at 5am each morning. The pavements will still be open to pedestrians and businesses in the area will be open as usual. Buses will be temporarily diverted, and signs will be placed at bus stops with information on alternative stops. Work is scheduled in the following locations and dates:
  • Kirkgate, Crown Street and New York Street: Sunday 27 February, 8pm – Thursday 3 March, 5am
  • Call Lane: Monday 7 March, 8pm – Wednesday 9 March, 5am
  • Meadow Lane (near old Asda filling station): Monday 7 March, 8pm – Tuesday 8 March, 5am
  • Meadow Lane and Hunslet Road cycleway: Thursday 10 March, 8pm – Friday 11 March, 5am
  • Call Lane (near Blue Rinse): Wednesday 9 March, 8pm – Thursday 10 March, 5am
  • Lower Briggate cycleway: Wednesday 9 March, 8pm – Thursday 10 March, 5am
  • New Briggate: Sunday 13 March, 8pm – Thursday 17 March, 5am
  • New Briggate cycleway: Monday 21 March, 8pm – Tuesday 22 March, 5am
The work is weather dependent and any adverse weather conditions will mean that it will need to be rescheduled. All works on this scheme are due to be complete by the end of spring and form part of the Leeds Public Transport Investment Programme which will see £173.5million investment into public transport and road improvements in Leeds. The improvements to the public realm around the Corn Exchange is funded by West Yorkshire Combined Authority under the Government’s Getting Building Fund. It involves £8.6million of match funding which is part of Leeds’ £12.2million Grey to Green programme. While resurfacing work is taking place, the council is urging people to plan journeys in advance by visiting the Connecting Leeds website or visiting the WY Metro website for bus diversions. Councillor Helen Hayden, Leeds City Council’s executive member for infrastructure and climate said: “It’s exciting to see the final resurfacing works happening on this scheme. It gives these historic streets and buildings the surroundings it deserves whilst increasing opportunities for active travel and providing extra public space in the city centre. “We appreciate this next phase of work will be disruptive, but our contractors will make every effort to keep noise to a minimum and carry out noisy works as early on in the shift as possible. We would like to thank people and businesses for their patience while this project has been ongoing and ask that people continue to plan ahead to experience minimal disruption to their journey.” Tracy Brabin, Mayor of West Yorkshire said:  “The Corn Exchange is a real gem and is a beacon of culture and creativity, so it’s fantastic to see these changes, which will make the historic landmark more welcoming to the people of Leeds and visitors from far and wide. “Improving cycling, walking and public transport provisions form a key part of my pledge to tackle the climate emergency, so I’m also delighted that we are part of this scheme that will see more green spaces and provisions for active travel.”

Quantum Broadband helping to keep residents connected

Quantum Broadband are Lincolnshire’s local provider of Fibre to the Premises (FTTP), connecting even the most remote homes with speeds of up to 10,000mbps.

Over the past couple of years, a lot more of us have realised just how vital a reliable broadband connection is and that its fast becoming an integral part of our everyday lives. With home working becoming more and more popular, most have found that even with their current fibre packages, they are still not able to download, upload, stream or send emails. For many residents in Lincolnshire, the current superfast broadband is provided to a cabinet, then connected to homes and businesses by copper wires, and so speeds can be limited by how far from the cabinet a property is and how many people they share the connection with. This type of connection is known as Fibre to the Cabinet (FTTC). Fibre to the Premises (FTTP), is a connection that’s far more capable even in peak times. FTTP consists of a fibre cable that connects your premise directly to the internet exchange, making it not just more reliable, but also significantly faster and not limited by the distance of premises from the local cabinet. Quantum Broadband are Lincolnshire’s local providers of FTTP in and around areas in East and West Lindsey, connecting even the most remote homes with speeds of up to 10,000mbps. As a local Lincolnshire based company; their mission is to help local communities experience the future of connectivity irrespective of their location. Mr Richards was one of the first customers connected in Newtoft and had this to say about Quantum. “I was with BT on their standard broadband package as I couldn’t get their fibre, so when I heard that Quantum Broadband was doing Fibre to the Premises, I thought let’s give it a try. Today I receive 120mbps minimum, sometimes more and for a quarter of the price of BT. I have got a great rapport with the local engineer and couldn’t recommend or help them enough. What’s not to love about a better service that’s saved me money?” Quantum Broadband is already available in a number of areas already and is continuing to expand its network throughout the county with a workforce of local Lincolnshire engineers.

New digital service Mobilise partners with Hull City Council to extend online support for carers

Hull City Council and City Healthcare Partnership (CHCP) CIC have commissioned a new service to reach out to family carers in the area. The pilot project with Mobilise launched on Tuesday 1 February. It uses social media and digital marketing to help to find and identify ‘unpaid carers’, connecting them immediately with others in a similar position, and providing relevant, timely support. Many Hull residents who provide unpaid care are not accessing the support available to them. Many people do not see themselves as carers because they are simply doing what they can for a relative, a friend or a neighbour who needs them because of their disability or illness. Mobilise will work alongside the existing support provided by The Carers Information and Support Service Hull. They offer a range of online support, from website guides, regular contact through emails, guide to caring e-course to ‘virtual cuppas’ and even individual support calls – seven days a week. Councillor Gwen Lunn, Portfolio Member for Adult Services and Public Health at Hull City Council, said: “We want to identify more carers and provide additional support, particularly during the difficult winter months, so carers can continue to provide their crucial care and enjoy positive lives. Mobilise is a great way for people to connect and receive support from others who can relate to their similar and shared experiences.” Lee, 55, a family carer who supports his sister who is a stroke survivor and her son who has psychosis said: “Mobilise is unique, real people with real experience are there to help make a real difference in how I support my loved ones who have health challenges.  Everyone who cares for a loved one would do well to connect with Mobilise.” Suzanne Bourne, Co-founder and Head of Carer Support at Mobilise, stated: “There are carers out there who may need advice who are not currently accessing it. Creating a Mobilise carer peer support network in Hull will see an improvement in their wellbeing. Carers are less likely to reach breakdown and require emergency assistance.”