Arla Foods plans €110m cost cuts amid rising prices and weak consumer demand

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Arla Foods, the company behind Lurpak and Cravendale, plans to cut up to €110 million (£91.1 million) in 2025 as it faces rising costs and slowing branded revenue growth. The dairy cooperative, which has UK headquarters in Leeds, forecasts 2024 revenue between €14.5 billion and €15.3 billion, up from €13.8 billion in 2023.

Despite an £89 million increase in branded UK revenue, overall UK revenue fell 2.9% year-on-year due to lower milk prices, declining volumes, and changes in private label contracts. The company also cited consumer uncertainty as a factor impacting growth.

Arla previously faced backlash in November 2024 after announcing plans to test Bovaer, a feed additive aimed at reducing methane emissions. The company attributed the boycott to misinformation about the product’s safety.

Plans put forward for new International Strategy for Sheffield

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Plans have been put forward for a new International Strategy for Sheffield, following two years of work including the adoption of the Partner City Policy and ongoing work to establish international links. This was demonstrated recently with a Sheffield delegation visiting sister city, Pittsburgh, last month. As England’s fourth largest city, Sheffield is a world-leader in many business sectors. From having significant advanced manufacturing capabilities, to a flourishing tech sector, as well as a thriving cultural scene and a global reputation as the Outdoor City. Last year, a new Growth Plan for the city was adopted. The ten-year plan outlines the city’s plans to drive forward economic growth and improve the lives of people living, working and doing business in the city. The Plan highlights the importance of Sheffield taking its place as a city that is ‘Global, Green and Growing’ and focuses on leveraging the city’s strong economic assets, including its world-class universities, advanced manufacturing capabilities, and innovation ecosystem, to attract global investment, promote economic growth, and enhance Sheffield’s reputation on the international stage. To achieve this, collaboration with global partners and support for new businesses with international growth potential is key. On Wednesday (19 February 2025), at a Strategy and Resources Committee meeting held by Sheffield City Council, plans to develop a new international strategy were approved, aiming to support the Sheffield Growth Plan and other city ambitions. Councillor Tom Hunt, Leader of Sheffield City Council and Chair of the Strategy and Resources Committee, said: “Sheffield is global, green and growing. We have world-leading strengths in many sectors, from advanced manufacturing to health technology, cultural industries and a growing tech sector. “We have big plans to grow these sectors and international engagement, and growth is key to this. “We were able showcase this with our recent trip to our sister city Pittsburgh, a city we share many similarities with. Sheffield and Pittsburgh are two cities with a proud industrial heritage, both looking forward and making plans for a more prosperous future. The trip was a huge success and has set the foundations for more international collaboration and knowledge sharing going forward.” In January, Cllr Tom Hunt, and Chief Executive, Kate Josephs, along with a handful of Sheffield-based businesses travelled to Pittsburgh in the USA. Sheffield and Pittsburgh have been Sister Cities since 1980 and the aim of the trip was to strengthen ties, share knowledge and explore future collaboration. During the three-day trip they met with more than 16 organisations and around 50 representatives in total, from government officials to businesses and academia. Like Sheffield, over the last decade, Pittsburgh has focused on commercialisation of research, business growth and innovation. The city also benefits from having some strong, sector-based organisations providing opportunities to collaborate and innovate, together with advocacy and lobbying on behalf of their members. The visit highlighted the potential for the respective Councils, academic institutions and regional bodies to collaborate and share best practice in a range of areas. Education, response to climate change, urban regeneration and addressing homelessness are just some of the ideas being considered. Learnings from the trip will be used to help inform the new International Strategy for Sheffield, which is to be developed this year. This year also marks the 75th anniversary of Sheffield twinning with the city of Bochum in Germany. Over the past two years, the two cities have renewed their relationship, and plans are in the pipeline for the cities to collaborate on projects for the benefit of their residents. To celebrate the anniversary, a programme of events is also in the works for later this year. The strategy will focus on developing international activities with priority organisations, identifying international markets to focus on for trade and investment opportunities, as well as providing a framework for international engagement and activities going forward. The strategy aims to boost trade and investment, support Sheffield’s visitor economy, support the city’s universities, nurture and reinvigorate existing civic links and collaborate with principal partner cities on challenges faced. It will be presented at a Strategy and Resources Committee later this year and include consultation with partners.

Independent aggregates supplier looks for buyer after challenging period

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Prestige Aggregates Limited, a Sheffield-based independent aggregates supplier and manufacturer, is seeking a potential purchaser to buy the business and assets, after experiencing a period of challenging cash flow towards the end of 2024. A Notice of Intention to Appoint an Administrator was filed on 10th February, with the Business Recovery and Restructuring team at Midlands-based PKF Smith Cooper supporting the business through the process. Prestige Aggregates supplies a wide range of high quality primary and environmentally sustainable recycled aggregate products, specialising in the use of recycled aggregates from waste glass packaging to be used within the aggregate and construction sectors. The company’s main focus in their manufacturing has been to reduce their carbon footprint, supplying end markets located within 100-mile radius of their headquarters. The company has developed working relationships with suppliers to design concrete mixes including recycled glass and concrete aggregates, with the intention to include waste plastic in the near future. The collapse of the waste glass recycling sector between July and December last year caused Prestige Aggregates to struggle as they had expanded significantly into this market. With accumulated debt on top of failing market investments, the company’s cash flow took a hit towards the end of 2024. The business is now seeking assistance from the PKF Smith Cooper Business Recovery and Restructuring team, to plan ahead for their future. The trading of the business is continuing whilst a purchaser is found for the business and its assets. Dean Nelson, Head of Business Recovery and Restructuring, said: “Prestige Aggregates has unfortunately faced a challenging end to 2024, and we are now in the process of restructuring their business. “We will be working closely with the company’s management team to assist and support them in securing the best possible future for the business, its employees, and creditors. “If you are interested in acquiring the business and assets, please get in touch with a member of our Business Recovery and Restructuring team.”

Summers-Inman extends higher education expertise into Yorkshire with new wins

Summers-Inman, the construction and project management consultancy with an office in Leeds and seven further offices located between Edinburgh and London, is celebrating new contract wins in the higher education sector. These latest appointments will enable Summers-Inman to bring its higher education experience gained across various university projects UK-wide, into Yorkshire. Recently won is a multidisciplinary consultancy framework agreement appointment for the University of Sheffield. Consultants have been appointed to deliver services for specific projects on a call-off basis as and when required. In addition, the firm has also won a place on the university’s framework agreement for Cost Management Services. The University of Sheffield has 30,000 students and more than 350 buildings across its multi-campus estate, which it is working towards making net-zero. Summers-Inman will have the opportunity to work on a range of projects with the university which aims to deliver around £200 – £300 million of projects over the course of the framework. Commenting on the win, Summers-Inman director, Alex Lodge said: “This is a truly exciting appointment for us and allows us to bring to the table our substantial experience gained on multi-million-pound award-winning projects, such as the £72 million Park View Student Village and the £27 million Dame Margaret Barbour Teaching and Learning Facility for Newcastle University. “In Tees Valley, the £21.4 million Cornell Quarter and £36.9 million BIOS Laboratory and Life Sciences Building are both multi-award-winning schemes which have seen us provide project management, cost consultancy and principal designer roles throughout, either working directly for the university or the main contractor. “These four examples are merely a snapshot of our overall experience, so we are delighted to be able to extend our reach within the higher education sector into Yorkshire with these recent appointments.” Mark Holden, Associate Director of EFM: Estates Development at the University of Sheffield, said: “University estates are continually evolving to meet the needs and expectations of the next generation of students and academics, as well as positively contributing to the local community. “Together with the requirement for improved facilities and accommodation there is also the need to achieve net-zero either by decarbonisation plans for existing buildings or building with a net-zero design from scratch. “I am confident our recently appointed multidisciplinary teams have the expertise to provide high-level professional support that will enable us to deliver our ambitious estate plans over the next few years.”

Sheffield gets new conference to inspire leaders

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A new event called Leadership Unleashed is to be launched by Sheffield Chamber of Commerce and SHEAF to bring together existing and aspiring leaders, and anyone ready to explore what it means to lead with purpose. The event, is sponsored by Westfield Health, takes place on March 7 (1-7pm) at The Showroom, Sheffield. It aims to provide opportunities to meet and connect with a diverse network of forward-thinking leaders. Louisa Harrison Walker, Chief Exec of Sheffield Chamber of Commerce, said: “I’ve had the privilege of meeting many inspiring leaders throughout my career, and Sheffield is home to some fantastic examples. “However, I also recognise that leadership is a continuous journey of growth and development – I’m still learning every day. That’s why having a space where we can explore, encourage, inspire, and support leadership is so important. “By investing in better leaders, we can drive the economy forward and create outstanding places to work.” Attendees on the day will have the opportunity to listen to keynote speakers, Laura Jordan Bambach and Brian Deane. Laura is the Founder and Chief Creative Officer of Uncharted, a female-founded creative agency that combines the best new technologies with a diverse global community of creative talent. She is also the former President and Chief Creative Officer of Grey UK, and Founder of SheSays – the creative industry’s largest global women’s network. Brian Deane is a former professional footballer, and manager, with a career spanning 21 years and over 700 games and 200 goals. He played for clubs such as Sheffield United, Leeds United, West Ham, Middlesborough, Leicester and Benfica, before going into professional football management in Norway’s topflight division, managing Sarpsborg 08.

Sheffield may consider Green Belt land to meet housing and employment targets

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Sheffield must identify space for an additional 3,529 homes and 53 hectares of employment land to meet government housing and job creation targets, according to planning inspectors reviewing the city’s Local Plan.

Sheffield City Council has prioritised brownfield sites for development but acknowledges that additional land may be needed, including areas within the Green Belt. Before opening a public consultation this summer, the council will assess potential sites based on sustainability and environmental impact.

Officials warn that without an approved Local Plan, the city could face unregulated development and a shortfall in affordable housing and commercial space.

Doncaster Sheffield Airport targets five airlines and freight expansion

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City of Doncaster Council is working to secure five airlines and increase freight capacity as part of efforts to reopen Doncaster Sheffield Airport. The council has set up Fly Doncaster, a wholly owned subsidiary, and partnered with Munich Airport International to oversee operations.

At its peak in 2019, the airport handled 23,000 tonnes of freight. The council aims to increase this to 100,000 tonnes. Discussions have been ongoing over the past year to target a minimum of four to five airlines.

The council finalised a 125-year lease with landowner Peel Group in 2023 and plans to operate the airport with stricter fiscal control. Reopening is expected to create over 5,000 direct jobs and 6,500 indirect jobs, contributing an estimated £6.6 billion to the economy.

Mayor Ros Jones confirmed an international operator is in place to manage the airport. Chancellor Rachel Reeves has pledged government support for the reopening.

Derby-based accountant acquired by Duncan and Toplis

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Duncan & Toplis has acquired Derby-based accountants, Underwood Green. With locations across Lincolnshire, Leicestershire, Nottinghamshire, North London and now Derbyshire, the acquisition is part of Duncan & Toplis’ largest-ever period of growth, coinciding with the group’s 100-year anniversary. Underwood Green will now rebrand, with all team members including directors Gary Underwood and Richard Green remaining in their roles and in their existing premises at Pride Park in Derby. The deal sees Duncan & Toplis expand into another new location, broadening the group’s service offering to clients across the Midlands, and follows hot on the heels of the acquisition of North London-based ALG. Damon Brain, CEO of Duncan & Toplis, said: “This is a very exciting time for Duncan & Toplis, as it is the first time our group will have an office in Derbyshire. We’ve supported clients in Derby and Derbyshire for many years but, with the acquisition of Underwood Green, we’ll be welcoming a fantastic new team who are based in the city. “Gary, Richard and the Underwood Green team have a terrific reputation in the area and we’re two very like-minded businesses. I’m looking forward to welcoming all team members to Duncan & Toplis and providing them with great career opportunities, at the same time as taking great care of clients they love working with. “We want to continue to grow and expand the team at our new location in Derby, particularly our tax advisory team, and are looking for talented individuals to join us.” Gary Underwood, director and co-founder of Underwood Green, said:“Joining forces with Duncan & Toplis is a great opportunity for us and our clients. Being a part of Duncan & Toplis, we’ll be able to offer a wider range of services and even greater support.” Richard Green added: “Becoming a part of Duncan & Toplis is a thrilling step for us – their values and ambition align closely with our own. We’re excited about the incredible benefits this will bring, for our clients and for our team, who will gain fresh opportunities to grow within an ambitious and fast-growing group.”

ABP embarks on development of Grimsby dock buildings

Major renovation works are scheduled on Port of Grimsby buidings owned by ABP as part of  work to reimagine the future of this unique area of the Port. The buildings are currently being surveyed to show the condition of the roofs and facades, before moving on to survey the interiors. Once all surveys are complete, a programme of work will be produced to ensure they are wind and watertight, with repairs made to roofs, windows, doors and brickwork as required. Andrew Dawes, Regional Director of the Humber ports said: “This work is a major undertaking to ensure these buildings remain sound. Our immediate priority is to keep everyone safe, so many of the buildings have been fenced off while the contractors are on site to allow them to carry out the job. “We are trying to minimise the disruption while the work is being carried out, but our priority is safety at every stage.” Greg Lacey, Head of Property (Humber) said: “This work now being carried out will halt and reverse the tide of decay after many years. We have been in discussion with North East Lincolnshire Council and Historic England on the steps being taken regarding the future of this part of the port. “We are reimagining the area in different zones to see what it could look like and how it would work for different industrial clusters. We have committed a substantive investment to do this as we look to ensure the future of the location. It is proving to be of interest to many in the film sector and this is something we think works very well in Grimsby.” ABP has been working alongside North East Lincolnshire Council and Historic England since 2017, and it was recently announced that a second round of funding for heritage regeneration on the port would commence. David Walsh, Principal Advisor Partnerships at Historic England said: “Historic England is pleased to be working closely with Associated British Ports and North East Lincolnshire Council in support of a long-term strategy to tackle buildings in poor repair on the historic docks. Recent preliminary works to a number of priority buildings are an important first step towards making them safe, bringing them back into good repair, and reusing them to support local businesses and port activities.” The Partnership Schemes in Conservation Areas grant scheme has seen more than £1 million help tenants restore and renovate buildings, including Alfred Enderbys, The Great Escape and others.

New school at Bramcote College site moves forward with land transfer

Nottinghamshire County Council has transferred more than 17 hectares of land to The White Hills Park Trust, enabling the development of a new school on the Bramcote College site. The council sold two plots for a nominal £1 fee, allowing the Trust to sell the land to a housing developer to fund the rebuild.

The new school will accommodate 950 students, including 750 secondary school places and 200 for sixth form, with potential for future expansion. The facility will be purpose-built to modern standards and meet the Department for Education’s low-carbon sustainability targets.

Morgan Sindall Construction will oversee the project, with Arc Partnership handling architectural design. Construction is set to begin this summer.