York accountancy firm secures six-figure loan to support growth

A York accountancy firm has secured a six-figure loan from NPIF II – Mercia Debt Finance, which is managed by Mercia Debt as part of the Northern Powerhouse Investment Fund II (NPIF II), to support its continued growth following its acquisition of another local practice. The funding for Change Accountants is the first deal in York by the £660m Northern Powerhouse Investment Fund II. The Fulford-based firm has recently doubled in size with the acquisition of Sunley & Co in Acomb. The two practices – which between them employ 12 staff and serve around 800 clients – will continue to operate as separate brands under the direction of Change Accountants’ founder Stacey McVeighty. The funding will enable her to strengthen the management team and invest in technology and training to continue the growth of the business. A qualified accountant with over 25 years’ experience, Stacey established the practice in 2014. Change Accountants has been paperless from the start, and prides itself on keeping up to date with the latest technology and on being a fair employer, offering staff benefits such as unlimited holidays. In addition to the standard services such as accounts, tax, VAT and payroll, it produces specialist data to enable clients to create reports such as carbon calculations to comply with the requirements of tender frameworks. Stacey McVeighty said: “The acquisition of Sunley & Co will boost our growth through the addition of an experienced team and enable us to benefit from economies of scale. The funding will allow us to build on that by investing in new technologies and skills to ensure we stay at the forefront of developments in the changing accountancy landscape.” Andy Clough of Mercia added: “Stacey has built up a successful practice that has been growing steadily and has now doubled in size following the recent acquisition. The loan will enable her to further develop the expertise and services the business can offer as Change Accountants begins a fresh chapter in its growth story.”

City council earns place amongst nation’s top apprenticeship employers

For the first time Leeds City Council has earned a place as the best local authority on the Department for Education’s index of the country’s best employers for providing apprenticeship opportunities. More than 632 council employees are currently on apprenticeships from level 2 to level 7. In the 12 months to 31 March 2024, 316 started apprenticeships on pathways ranging from social care, child care, housing, digital and project management to building trades, civil engineering and more. Councillor Debra Coupar, Leeds City Council’s deputy leader and executive member for resources, said: “This is a testament to our commitment to providing high-quality apprenticeship opportunities for people of all ages and backgrounds in Leeds. “Apprenticeships are a vital way of developing the skills and talents of our workforce, as well as supporting the local economy and combatting the skills shortages in some sectors. We are proud of our apprentices and the valuable contribution they make to our council and our city.” Leeds City Council is a living wage employer. All employees, including apprentices of any age, are paid a salary that matches or exceeds the Living Wage Foundation minimum rate. The DfE’s top 100 apprenticeship employers list was compiled by analysing data from apprenticeship employers across different industries and employment sectors. Over 1,000 employers entered by submitting data from the 12 months to 31 March 2024 on their apprenticeship starts, successful apprenticeship completions and the diversity of their apprentice cohort.  

Port of Hull welcomes new vessel under charter to TTS Shipping

A new link to the Baltic ports has been created with the arrive in Hull of a load of timber from Finland aboard the Humber Sprinter, under charter to TTS (Shipping) Ltd. For her return to the Baltic, the vessel’s cargo was to be load static caravans. TTS operates long established timber lines from the Baltic Sea into the ports of Goole, Hull and Immingham. The Humber Sprinter, the sister ship to Humber Runner, will call at the Humber ports at least twice a month with timber from The Baltic and Scandinavia. Juliet Keep, MD of TTS Shipping, said: “We now have another vessel within our own fleet which can all call in the three ABP Humber ports where we are tenants. This gives us much more flexibility and reliability for the services we offer our customers. Peter Waud, MD of Global Shipping Services Ltd, added: “This is fantastic news, and gives great flexibility in continuing to service the needs of clients into The Ports of Hull, Goole and Immingham where we operate as licenced stevedores.” The Humber Runner was acquired three years ago to assist TTS in maintaining the schedule of their many services to the Humber Ports. Global Shipping Services will act as stevedores in the Ports of Hull, Goole and Immingham. The Navalis Group and TTS Shipping have traded together successfully for more than 20 years before the acquisition in December 2021. Both companies specialise in the forest product trade in the North and Baltic Sea.

New roles for three at Hull accounting firm

Hull-based 360 Chartered Accountants has made a series of appointments across its admin team. Having been instrumental in improving systems and processes across the firm, Sarah Dalton has been promoted to office manager from administrative assistant. Sarah joined 360 more than three years ago with extensive experience in back-office processes in the financial services industry. Since then, she has implemented a brand new IT system, hailed as one of the best change management projects ever undertaken at 360, introducing a new client onboarding system, anti-money laundering system and invoice system. Sam Gibson joined 360 eight years ago as an administrative assistant. He has now moved across to the accounting team as accounts and administrative support. Meanwhile, Ellis Eastburn has become 360’s latest business administration apprentice. He will be looking after the office admin and will be the first point of call for clients. Andy Steele, Founder of 360, which also haas offices in York and Wakefield, said: “We really couldn’t do without our fantastic admin team to ensure everything runs smoothly not only within the firm, but also for our clients. Sarah’s overhaul of systems at 360 has been absolutely brilliant. She is so professional, calm and organised. “As office manager she will be taking on extra responsibilities, so welcoming Ellis to our successful apprenticeship programme was a no brainer. He will be working alongside the rest of our admin team so that Sarah can focus on her officer manager role. Finally, Sam has shown a real interest and has been working more and more with the accounts team, so this means he will now provide dedicated admin support for them.” “We believe in rewarding our team for hard work and excellence. Anything is possible when you come to work at 360 and we look for opportunities to further everyone’s career.”

KCom Enterprise team spruces up Dove House Hospice gardens

A 12-strong team from KCOM Enterprise spent a day helping out at the brilliant Dove House Hospice this week, getting stuck in to make its gardens look their best for residents and their families. The gardens are an important space at Dove House, which cares for people with life-limiting illness and gives them the best quality of life and palliative care, and are an area “where patients and families can spend precious time together in a quiet and peaceful setting, making memories”. One of the green fingered volunteers, Executive Assistant Sue Coulson, who spent the day weeding, chopping trees back and de-mossing the front wall, said:  “It was an amazing day, we all enjoyed it and I would highly recommend any other businesses who want to volunteer at the hospice to do so. “It costs £10m to run Dove House every year, £9m of which they have to fund themselves through fundraising and donations. So, any extra help they can get is greatly appreciated. It’s a brilliant organisation that does great work for caring for people at the most difficult times, which has probably touched most of the families of people who work at KCOM.” KCOM employees get two paid days a year to volunteer either at an event organised by the business or at a charity chosen by themselves. KCOM staff donate more than 1,000 of volunteering hours each year to help local good causes.

Mayor calls for business leaders to help shape North Yorkshire’s economic future

York and North Yorkshire Mayor David Skaith is seeking business leaders to join a new Business Board with the objective of shaping economic growth for the region. He’s looking for ‘innovative and passionate’ business leaders to sit on the board and advise the Combined Authority on economic strategy and policy decisions. The board will also help the Combined Authority bid for fresh investment and engage with businesses, opinion formers and policy makers to help generate economic growth. He said: “The business community will play a vital role in ensuring our region has a connected and thriving economy where we are reaching our full potential. “The creation of the Business Board will enable me to understand and take action to best support businesses and create opportunity for all, across York and North Yorkshire. If you’re passionate about business and passionate about the future for York and North Yorkshire, your voice is important, and I want to hear from you.”

Sewell Estates Co-Owner Council releases report looking back at its first 18 months

Following its first 18 months of co-ownership, Sewell Estates Co-Owner Council has released its first annual report, which looks back at what’s been achieved so far and the impact becoming a co-owned business has had on its people and customers. The report was co-written by two ‘voice champions’ from different parts of the business who sit on the Co-Owner Council; the body that represents the 280 people from across Sewell’s seven businesses. Dieter Franks, Co-Owner and Site Manager at Sewell Construction, said: “It’s been fantastic to see our ideas and suggestions not only heard but implemented throughout the business. The positive feedback I’ve received has been so encouraging and has motivated me to share my thoughts and ideas even more.” Since launching its employee ownership trust in January 2023, new governance arrangements have been put in place, which include a Trust Board and Co-Owner Council to represent the voice of its people. The team have attended events up and down the country to learn more about employee ownership and share examples of best practice, and Co-owners have had the opportunity to attend board meetings to directly input into the running of the business. Stuart Verry, Co-Owner Council Member and Operations Manager at Community Ventures said: “I am extremely proud of what the Council has achieved so far. A group of people from varying roles across the group has developed into a cohesive unit who support each other as we navigated through the first year of employee ownership.” Some of the achievements include launching a new Co-Owner Charter, which outlines the responsibilities of all employees to ensure the business is serving its customers in the best possible way and continuing to drive efficiencies and improvements. New employee benefits have also been introduced, including enhanced cost of living pay increases, health screenings, a new payroll saving scheme and uplifts in holiday allowances. Co-Owners have also been actively submitting ideas for developing the business through new or improved ways of working and identifying areas for making productivity gains and cutting waste.  

Director of Halifax recycling company sentenced after worker loses leg

The director of a Halifax-based recycling company has been given a community order after a worker lost part of his left leg when it was crushed by machinery. Daisy Ning Bai, 43, the director of BW Recycling Limited, was told she must complete 160 hours of unpaid work after pleading guilty to health and safety breaches. They related to an incident on 26 November 2019 at the company’s Cinderhall Works site on Sidall Top Lane. The incident saw Nathan Bland, who was just 20 years of age at the time, have the lower part of his left leg instantly amputated. He also lost several toes from his right foot after his legs were crushed inside a waste baler – a piece of equipment used to compress waste products into a form that’s easy to manage for recycling or disposal. In a victim personal statement, Mr Bland, who is now 25, said ‘every day was a struggle’ and that returning to work had proved to be very difficult due to the prosthetic leg he now has to wear. “I can still have flashbacks,” he said. “I also struggle as my stump has issues fitting on my prosthetic leg. The incident has also affected my social life as it has given me PTSD and depression. I have had to get a support worker to help with my daily activities to help me with daily activities such as shopping and going to appointments.” An investigation by the Health and Safety Executive (HSE) found that Daisy Ning Bai introduced a working platform in front of the baler to make the job of filling the hopper easier for the operatives. The introduction of the platform in front of the hopper permitted easy access to the baling chamber including access to the dangerous moving parts of the baler itself. Daisy Ning Bai, director of BW Recycling Limited of Ridge View Drive, Huddersfield, West Yorkshire pleaded guilty to breaching Section 37(1) of the Health & Safety at Work etc Act 1974. She was given a 12-month community order and must complete 160 hours of unpaid work. She was also ordered to pay £5,843 in costs. BW Recycling Limited was not prosecuted by HSE after it was dissolved via compulsory strike off on 5 December 2023. After the hearing, HSE inspector Sarah Lee said: “A young man has had his life changed forever as a result of this incident. “Companies and individuals that use balers should not install working platforms or other devices in front of the hoppers on balers as it permits access to dangerous moving parts of the baler. “This incident could so easily have been avoided by simply carrying out correct control measures and safe working practices.”

Supermarket fuel price margins are double 2019 levels, says CMA

Supermarkets are making twice as much on fuel sales as they did in 2019, according to the Competition and Markets Authority. The CMA has updated its action to ensure that people can get the best possible choices and prices in the face of ongoing cost of living pressures. This new analysis highlights the persisting cost to drivers of weakened competition in the fuel sector. It says retailers’ fuel margins are still significantly above historic levels, leaving supermarkets’ fuel margins roughly double what they were in 2019. When the CMA published its road fuel market study report, it recommended development of a smart data driven fuel finder scheme be set up to make prices available to motorists across the UK in real time, such as through map apps and sat-navs. This will be backed up with ongoing monitoring by the CMA to hold the sector to account. This scheme could save drivers up to £4.50 each time they fill up, as it would make it easier to find cheaper fuel in their area. Legislation – which is needed to establish the scheme fully – may take time to come into force. So that motorists can start to benefit from quicker, easier access to fuel prices through everyday apps sooner, the CMA encourages the government to introduce an enhanced interim voluntary scheme that is as close to the final scheme as possible.

90 new affordable homes set for Bradford

Social enterprise, Places for People, in partnership with Vistry Group, the provider of mixed-tenure affordable homes, is set to build 90 new affordable homes in Bierly, Bradford.

The site – Woodlands Edge – in Bierley, a suburb of Bradford, will provide areas of new open space, green corridors and landscaping. Existing pedestrian connections will be improved, and work will be undertaken to enhance nearby Brierley Hall Woods.

The new homes will include a range of two- and three-bedroom houses, offered in affordable rent and shared ownership tenures.

The development is expected to create 144 full-time construction jobs and almost 180 supply chain jobs across the build period, injecting £23m into the local economy.

As part of their commitment to social value, Places for People will also work closely with local schools and colleges to provide site visits, toolbox talks, and work placements, as well as supporting local schools’ own initiatives.

Nilam Buchanan, Regional Managing Director for Central and North of Places for People, says: “As the UK’s leading social enterprise, we have a long-term plan to help address England’s chronic shortage of homes and build sustainable communities, with a big focus on delivering much-needed affordable homes.

“We are delighted to work with Bradford Council and our strategic partners, Vistry Group to create 90 much-needed affordable houses for the local community. We’re also proud to provide significant employment opportunities and showcase the opportunities a career in the built environment can offer.”

Vistry secured planning permission for the development back in October 2023 and work is set to start on site this summer. 

Andrew Poyner, Managing Director of Vistry, West Yorkshire, said: “Thanks to the engagement and support of Bradford Council and the West Yorkshire Combined Authority, we’ve been able to work together with Places for People to unlock this site for development. It will now deliver 90 high-quality, affordable homes, making a significant impact on Bradford’s affordable housing supply.”