Housebuilding sector faces challenges despite new planning bill

South Yorkshire’s property sector has raised concerns over the government’s Planning and Infrastructure Bill, warning that it may slow housebuilding rather than accelerate it. The legislation, expected to pass in the next parliamentary session, aims to support the creation of up to 1.5 million new homes nationwide.

At an industry event hosted by Barnsley & Rotherham Chamber’s Property Forum, more than 70 senior property professionals discussed the potential impact of the bill on the region. Presentations from the South Yorkshire Mayoral Combined Authority, Barnsley Council, and Rotherham Council outlined measures such as reducing statutory consultees, reinstating mandatory housing targets for local authorities, and committing to essential infrastructure delivery. Implementation is expected to take up to three years.

Industry representatives highlighted persistent obstacles to growth, including regulatory complexity, recruitment challenges, rising construction costs, and high land values. New home construction in the UK remains at its lowest level since 2017, signalling that current reforms may be insufficient to stimulate meaningful growth in the sector.

Businesses emphasised the need for more targeted support for developers and housebuilders to address labour shortages, control costs, and unlock land for construction. The sector called for policies that create a practical operating environment capable of translating government ambitions into tangible housing delivery.

Poundland gains court backing for major restructuring

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Poundland has received High Court approval for a restructuring plan aimed at stabilising the retailer and supporting a broader turnaround strategy. The plan allows the company to continue trading while implementing measures to address financial pressures and operational inefficiencies.

The restructuring includes the closure of 68 stores, consolidation of two distribution centres in Darton and Springvale into hubs in Wigan and Harlow, and simplification of its product range, with chilled food limited to essentials and frozen food removed from most outlets. The retailer will also streamline its digital presence, converting its website to a brand-only platform and retiring the Perks app.

The turnaround is supported by a £90m cash injection from parent company Gordon Brothers, which acquired Poundland in June 2025. Funding is directed towards reducing high costs, addressing unprofitable locations, and resolving operational challenges across the business.

The court-approved plan ensures Poundland can implement its recovery measures while maintaining operations, targeting a streamlined network of roughly 650 to 700 stores and a simplified, more focused offering for customers.

South Kesteven launches business growth grant

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Businesses in South Kesteven can now apply for the South Kesteven Business Growth Grant, offering funding between £2,500 and £15,000 to support expansion, innovation, or job protection.

Funded through the UK Shared Prosperity Fund, the scheme targets local firms across all sectors. Projects must focus on one or more of the following: creating or safeguarding jobs, upskilling staff, or developing new or improved products and services to access new markets. Grants require 50 per cent matched funding from applicants.

Applications are accepted until 30 September and will be assessed on a first-come, first-served basis. If funds remain, a further application period will be announced. Only businesses registered and operating in South Kesteven are eligible.

Roann strengthens partnership with Taylor Wimpey after securing six-figure contract

Fabricator and installer of high-volume, low-silica worktops, Roann, has strengthened its partnership with Taylor Wimpey after securing a new six-figure contract with the housebuilder. Roann, which has been working with Taylor Wimpey since 2019, will manufacture and install kitchen worktops for new homeowners who choose to upgrade to Silestone at the 342-plot Marske Sands development in Marske-by-the-Sea, North Yorkshire. The project is scheduled for completion by 2027. So far this year, Roann has installed over £750,000 worth of worktops at 17 Taylor Wimpey regions across the UK. This represents a 62 percent increase compared to the same period last year. Scott Wharton, operations and technical director at Roann, said: “Our six-year partnership with Taylor Wimpey continues to go from strength to strength, and we’re pleased to extend our remit to North Yorkshire, bringing the total number of regions we support across the UK to 18. “The longevity and growth of our partnership is a testament to the strong relationships we’ve built with Taylor Wimpey’s team. Through comprehensive training, we’ve equipped them with in-depth knowledge of our wide range of high-quality worktops, helping them to better inform homeowners and support them in personalising their new kitchen to suit their lifestyles.” In March 2025, Roann, which has been established for over 30 years, announced a £300,000 investment in its Wakefield factory to support growth and sustainability goals, increasing its kitchen worktop fabrication capacity from 15,000 to 25,000 units per year.

Cambridge Green housing development progresses in Grimsby

Construction on the former Western School site in Grimsby, now called Cambridge Green, is advancing, with three show homes already completed and generating buyer interest.

Keepmoat, ranked among the UK’s top 10 housebuilders, is redeveloping the 22.9-acre brownfield site. The project involves a multi-million-pound investment to deliver 318 properties, including one- to four-bedroom houses, retirement dwellings, and affordable housing. Total investment is projected at £65 million.

The site closed over a decade ago due to declining pupil numbers. North East Lincolnshire Council secured funding through Homes England’s Accelerated Construction Programme, enabling site preparation, utility installation, access works, and the establishment of outline planning permission. Keepmoat commenced construction in late 2024.

Plans also include 90 high-quality, affordable homes for older adults with care needs. The Council will procure an operator to build and manage these units, supporting its aim to double extra care housing capacity in the borough by 2029.

The development reflects a public-private partnership model, focusing on brownfield regeneration, multi-tenure housing, and sustainable living. Cambridge Green forms part of broader housing initiatives in Grimsby to expand accommodation options and support local economic growth.

Hays reports steep profit decline amid weaker permanent hiring

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Hays, one of Europe’s largest recruitment agencies, has reported a sharp fall in profits as global economic uncertainty weighed on hiring activity.

For the year ending June, net fees were £972.4 million, down 11 per cent compared with the previous year on a like-for-like basis. Permanent placement fees fell 17 per cent, with total placements declining by 20 per cent. Temporary and contract hiring was more resilient, falling 7 per cent.

Pre-tax profits fell 90 per cent to £1.5 million, while profits before exceptional items dropped two-thirds to £32.2 million. Germany, Hays’ largest market, contributed to the decline, with permanent hiring volumes down 25 per cent amid subdued activity in automotive and industrial sectors.

The company has responded with cost-saving measures, including £35 million in annual reductions and plans for an additional £45 million by 2029. Over the past year, 29 offices were closed or merged, and recruitment consultant numbers were cut by 14 per cent, reducing headcount by roughly 1,000 globally, including 350 in the UK and Ireland.

Hays reported that activity during July and August remained subdued, and it is monitoring September, a key month for trading. The firm continues to focus on in-demand sectors and temporary recruitment, positioning itself to recover fees and profits when markets improve.

Hospitality leads UK job losses amid rising costs

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New data shows the hospitality sector accounts for more than half of UK job losses since last October’s Budget. Of the 164,641 positions cut across the economy, nearly 89,000 were in the hospitality sector. The figure exceeds Office for Budget Responsibility estimates, which predicted around 50,000 job losses linked to employer National Insurance changes.

Economists attribute the reductions to rising operational costs, including increases to the national living wage and employer National Insurance contributions. Businesses with lower-paid and flexible staff, such as hospitality, retail, and construction firms, have been particularly affected. Part-time and temporary roles are the most vulnerable.

High street retailers have also raised concerns over business rates, which are based on commercial property rental values. Rates are set to rise next year, adding billions to expenses. More than 60 leading firms have urged the Government to reform the system, citing risks to jobs, investment, and consumer prices if costs continue to escalate. Retailers argue that current rates put physical stores at a disadvantage compared with online competitors and stress that stable operating conditions are essential to supporting sustainable employment and economic growth.

Historic England backs Spilsby Sessions House redevelopment

East Lindsey District Council has secured £1.006 million from Historic England’s Heritage at Risk fund to support essential repairs at Spilsby Sessions House, a Grade II listed building in Lincolnshire.

The 1827 building, originally constructed as a sessions house and jail and converted into a theatre in 1984, has been on the Theatres at Risk register since 2015. The new funding will cover conservation work on the roof, brickwork, and windows.

This grant adds to £4.929 million previously provided by the UK Government to transform the property into a cultural venue with broader community use during daytime hours. Additional funding applications are underway with Arts Council England to complete the internal fit-out required for full operations.

The redevelopment project is managed through a partnership between East Lindsey District Council and Spilsby Sessions House Charity, with early planning supported by the Theatres Trust ‘Resilient Theatres – Resilient Communities’ programme. The project aims to preserve the building’s heritage while establishing a sustainable arts and community hub in the Lincolnshire Wolds.

The programme is expected to progress over the next eighteen months, with structural repairs prioritised before final fit-out and operational activities begin.

Bradford Estates expands industrial footprint to 412,000 sq ft

Bradford Estates has added two industrial parks to its portfolio, increasing total holdings to exceed 400,000 sq ft. Wortley Business Park in Leeds provides 17,000 sq ft across ten units occupied by SMEs. Rowan Industrial Park in Alton, Hampshire, offers 16,000 sq ft in seven fully let units serving manufacturing, automotive, and trade suppliers.

These acquisitions increase Bradford Estates’ holdings to 412,000 sq ft across 14 estates in England and Wales. The company continues to focus on multi-let sites that require asset management and refurbishment, in line with its strategy to generate sustainable income and long-term portfolio growth.

Earlier in 2025, Bradford Estates acquired additional estates in Washington, Peterlee, Avonmouth, and Gloucester, expanding its network of institutional-grade industrial properties. The recent purchases were completed with the support of specialist legal and property advisory teams.

Council water park loan reveals governance and risk gaps

A recent audit of Scarborough Borough Council’s £9 million loan to Benchmark Leisure Limited for the Alpamare water park exposes shortcomings in risk management and decision-making processes.

The loan aimed to support a regeneration project at The Sands and North Bay, positioning a major visitor attraction to drive tourism and local investment. Benchmark Leisure was selected through an informal tender, with repayment structured via rent and a percentage of park revenue. The council borrowed externally to fund the loan and set a fixed interest rate of 5.85% to meet EU state aid rules.

Construction delays pushed the park’s opening to July 2016, with a planned luxury spa completed in March 2019. Alpamare UK Limited operated the facility but faced cashflow difficulties within two years, failing to meet tax and supplier obligations. Benchmark Leisure stopped regular repayments in April 2019, leaving the council with approximately £7.9 million in unpaid debts. The water park entered administration in October 2023, with the council assuming full control by December 2023.

The Veritau audit found that reports to council members did not clearly distinguish between commercial investment and lending, risks were inadequately assessed, and officer recommendations did not reflect full professional analysis. The report highlights the importance of structured risk reporting, robust financial assessment, and adherence to expert advice in publicly backed regeneration projects.

Councils and development partners are advised to apply these lessons to ensure future investments are underpinned by transparent risk evaluation and governance, reducing exposure to financial and operational failures.