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[
"Chris Pyke"
] | 2021-01-07T14:59:49 | null | 2021-01-07T13:48:58 |
Huw Llewellyn, head of property and facilities management at Admiral, and Cliff Vanstone, head of John Lewis & Partners, Cardiff, have been named as the chair and vice chair of the Board
|
https%3A%2F%2Fwww.business-live.co.uk%2Feconomic-development%2Fnew-chair-vice-chair-business-19580369.json
|
en
| null |
New chair and vice chair for business group FOR Cardiff
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - National Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
FOR Cardiff has made two high profile appointments to its board of directors.
Huw Llewellyn, head of property and facilities management at Admiral, and Cliff Vanstone, head of John Lewis & Partners, Cardiff, have been named as the chair and vice chair of the Board.
FOR Cardiff is a business-led, not for profit organisation voted for by the city’s businesses with the plan to transform Cardiff city centre. It is governed by a Board of Directors who are volunteers representing their sectors. They are responsible for the effective delivery of the business projects and services and upholding FOR Cardiff’s vision and objectives.
Mr Llewellyn has overseen the expansion of the Admiral property portfolio, including the develpoment of the office building at Ty Admiral and has been with the company since 1995. He has watched the business grow and develop, becoming an integral part of Cardiff’s business community himself. As an experienced real estate professional, Mr Llewellyn also brings this knowledge to the Board, providing his insight into large scale developments and their potential impacts on the city.
Mr Vanstone manages the largest department store in Wales and is an employer of over 500 employees, or partners as they are called by the company, in the centre of Cardiff.
Mr Vanstone was involved in the conception of FOR Cardiff working closely with the council initially and then engaging with other key leaders to embrace a BID for the city. Mr Vanstone started his career, almost 30 yaers ago, on the selling floor working through the ranks of management across various locations throughout the UK including London, Bristol and Kingston, where the very first BID district was launched in the UK in 2005.
Mr Llewellyn said: “I am delighted to join the board and to have been given the opportunity to make a real contribution to shaping the future of the city for businesses.
“I believe my extensive corporate experience, coupled with my passion to help businesses succeed, will enable me to add real value to the board.
"The ballot is fast approaching and I’m keen to work with businesses to understand what they need from a second term of FOR Cardiff in office.”
Mr Vanstone added: “I’ve been part of the founding team, becoming a Board Director representing the retail sector.
"I’m particularly passionate about Cardiff being a destination of choice for both local residents and workers as well as visitors both further afield and abroad.
"I’m proud of the tangible enhancements that FOR Cardiff have so far delivered during its first term for its levy payers and visitors alike.
"We have a ballot this year to secure a second term and based on this being successful, I’m equally excited by what we can deliver given the foundation we have as a platform of the first term.”
Sign up to our BusinessLive Wales email service BusinessLive Wales is your new comprehensive home for business news from across Wales; from large corporates to exciting start-ups and sectors ranging from advanced manufacturing to financial and professional services. To sign up to our breaking news and daily newsletter service CLICK HERE.
As well as our in-depth early morning newsletter, we will be sending out regular breaking news email alerts.
Adrian Field, executive director of FOR Cardiff said: “We’re delighted that Huw and Cliff have been appointed to these important roles.
"Their experience and passion will ensure that our businesses have two excellent people at the helm of the Board. Personally, and on behalf of the board, I want to say a big thank you to our outgoing Chair & Vice, Simon Phillips and Natasha Williams who have both been strong influences on our work over the past four years.
"2021 is a really important time for Cardiff and it’s important we’ve got the right people in place to help the city thrive post-Covid-19. We are now speaking to business across the city to understand more about what they want to see from our second term ahead of the ballot in June.”
|
https://www.business-live.co.uk/economic-development/new-chair-vice-chair-business-19580369
|
en
| 2021-01-07T00:00:00 |
www.business-live.co.uk/0a390bd5ceb961c1cdb0874d0d93caef4b831bb0dc5788bd76a81e5338cad659.json
|
[
"Sign up to FREE email alerts from BusinessLive - National Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nFOR Cardiff has made two high profile appointments to its board of directors.\nHuw Llewellyn, head of property and facilities management at Admiral, and Cliff Vanstone, head of John Lewis & Partners, Cardiff, have been named as the chair and vice chair of the Board.\nFOR Cardiff is a business-led, not for profit organisation voted for by the city’s businesses with the plan to transform Cardiff city centre. It is governed by a Board of Directors who are volunteers representing their sectors. They are responsible for the effective delivery of the business projects and services and upholding FOR Cardiff’s vision and objectives.\nMr Llewellyn has overseen the expansion of the Admiral property portfolio, including the develpoment of the office building at Ty Admiral and has been with the company since 1995. He has watched the business grow and develop, becoming an integral part of Cardiff’s business community himself. As an experienced real estate professional, Mr Llewellyn also brings this knowledge to the Board, providing his insight into large scale developments and their potential impacts on the city.\nMr Vanstone manages the largest department store in Wales and is an employer of over 500 employees, or partners as they are called by the company, in the centre of Cardiff.\nMr Vanstone was involved in the conception of FOR Cardiff working closely with the council initially and then engaging with other key leaders to embrace a BID for the city. Mr Vanstone started his career, almost 30 yaers ago, on the selling floor working through the ranks of management across various locations throughout the UK including London, Bristol and Kingston, where the very first BID district was launched in the UK in 2005.\nMr Llewellyn said: “I am delighted to join the board and to have been given the opportunity to make a real contribution to shaping the future of the city for businesses.\n“I believe my extensive corporate experience, coupled with my passion to help businesses succeed, will enable me to add real value to the board.\n\"The ballot is fast approaching and I’m keen to work with businesses to understand what they need from a second term of FOR Cardiff in office.”\nMr Vanstone added: “I’ve been part of the founding team, becoming a Board Director representing the retail sector.\n\"I’m particularly passionate about Cardiff being a destination of choice for both local residents and workers as well as visitors both further afield and abroad.\n\"I’m proud of the tangible enhancements that FOR Cardiff have so far delivered during its first term for its levy payers and visitors alike.\n\"We have a ballot this year to secure a second term and based on this being successful, I’m equally excited by what we can deliver given the foundation we have as a platform of the first term.”\nSign up to our BusinessLive Wales email service BusinessLive Wales is your new comprehensive home for business news from across Wales; from large corporates to exciting start-ups and sectors ranging from advanced manufacturing to financial and professional services. To sign up to our breaking news and daily newsletter service CLICK HERE.\nAs well as our in-depth early morning newsletter, we will be sending out regular breaking news email alerts.\nAdrian Field, executive director of FOR Cardiff said: “We’re delighted that Huw and Cliff have been appointed to these important roles.\n\"Their experience and passion will ensure that our businesses have two excellent people at the helm of the Board. Personally, and on behalf of the board, I want to say a big thank you to our outgoing Chair & Vice, Simon Phillips and Natasha Williams who have both been strong influences on our work over the past four years.\n\"2021 is a really important time for Cardiff and it’s important we’ve got the right people in place to help the city thrive post-Covid-19. We are now speaking to business across the city to understand more about what they want to see from our second term ahead of the ballot in June.”",
"New chair and vice chair for business group FOR Cardiff",
"Huw Llewellyn, head of property and facilities management at Admiral, and Cliff Vanstone, head of John Lewis & Partners, Cardiff, have been named as the chair and vice chair of the Board"
] |
|
[
"Chris Pyke",
"Image",
"Matthew Horwood"
] | 2021-01-08T13:07:40 | null | 2021-01-08T12:59:25 |
Mr Drakeford has said the Welsh Government will publish its plans next week for its vaccination programme
|
https%3A%2F%2Fwww.business-live.co.uk%2Feconomic-development%2Fwales-first-minister-has-now-19587501.json
|
en
| null |
Wales' First Minister has, for now, ruled out the prospect of a curfew
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - National Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
First Minister Mark Drakeford has said the Welsh Government will strengthen alert level four measures in the country to try and reduce the number of cases of coronavirus in the country.
Holding its first review of the measures that were put in place a week before Christmas, Mr Drakeford said the new, highly contagious strain of the virus has taken a firm foothold in Wales, where cases remain high, one in four tests come back positive and more than 2,700 coronavirus-related patients are being cared for in Welsh hospitals.
Wales is "not yet in a position" where measures such as curfews need to be imposed to control the spread of Covid-19, First Minister Mark Drakeford has said.
A curfew of 8pm has been imposed in Northern Ireland for a time as part of restrictions that were introduced there on Boxing Day.
But the First Minister says that while numbers in Wales remain high, they have been improving and there is not a need for a curfew to be part of the restrictions.
Having already announced this morning that the lockdown will continue to 29 January, when it will be reviewed again, Mr Drakeford said that the Welsh Government will be strengthening the alert level four measures in three main areas.
Commenting on the review by the First Minister, Sara Jones, Head of the Welsh Retail Consortium, said: "Retailers continue to take coronavirus measures very seriously and consistently uphold high hygiene and safety standards. Firms have already invested hundreds of millions on safety measures including perspex screens, additional cleaning, and implementing social distancing.
“We will continue to work constructively and positively with the Welsh Government on Covid, and are open to discussing with them what further mitigation measures can be taken and the data and science underpinning their thinking”.
Ms Jones added: "The consequences of these ongoing restrictions - with non-essential retail already closed for several weeks - will be severe for many Welsh retail businesses who yet again face losing over £100m per week in sales.
"Retailers want to trade their way to recovery but further financial support will be needed or many businesses will go bust and thousands of viable jobs will be lost.
"The biggest difference the government can make is to extend business rates relief from April for those hardest hit by repeated lockdowns."
Commenting on the current restrictions, Mr Drakeford said that it's "frustrating when a small minority act as though those rules do not apply to them".
"I want everyone to know that when people knowingly and persistently break the rules, action will be taken. Too many lives been lost to this awful virus to allow anybody to believe that they do not share in the responsibility that binds us all."
He added that the police and local authorities are doing an incredible job at enforcing the rules and "they have my full support".
Sign up to our BusinessLive Wales email service BusinessLive Wales is your new comprehensive home for business news from across Wales; from large corporates to exciting start-ups and sectors ranging from advanced manufacturing to financial and professional services. To sign up to our breaking news and daily newsletter service CLICK HERE.
As well as our in-depth early morning newsletter, we will be sending out regular breaking news email alerts.
Mr Drakeford said that over the Christmas period, the police have had thousands of conversations with people about the regulations; stopped hundreds of cars and issued more than 300 fines for breaches of the rules.
"And this stepped-up enforcement effort will continue," he said.
"None of us wanted to start the new year in lockdown – but as difficult and as challenging as these early weeks are, we can still look forward to a better 2021 and a route out of this pandemic."
Mr Drakeford said the Welsh Government will publish its plans next week for its vaccination programme.
Asked why information on this has not been made available already, he said he has not been willing to "divert people from getting the programme in place and up and running" to answering questions about it.
|
https://www.business-live.co.uk/economic-development/wales-first-minister-has-now-19587501
|
en
| 2021-01-08T00:00:00 |
www.business-live.co.uk/8085809687e9c127e2c556092edecdfb0d6e6177b556d55518fa8b3bba1f7459.json
|
[
"Sign up to FREE email alerts from BusinessLive - National Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nFirst Minister Mark Drakeford has said the Welsh Government will strengthen alert level four measures in the country to try and reduce the number of cases of coronavirus in the country.\nHolding its first review of the measures that were put in place a week before Christmas, Mr Drakeford said the new, highly contagious strain of the virus has taken a firm foothold in Wales, where cases remain high, one in four tests come back positive and more than 2,700 coronavirus-related patients are being cared for in Welsh hospitals.\nWales is \"not yet in a position\" where measures such as curfews need to be imposed to control the spread of Covid-19, First Minister Mark Drakeford has said.\nA curfew of 8pm has been imposed in Northern Ireland for a time as part of restrictions that were introduced there on Boxing Day.\nBut the First Minister says that while numbers in Wales remain high, they have been improving and there is not a need for a curfew to be part of the restrictions.\nHaving already announced this morning that the lockdown will continue to 29 January, when it will be reviewed again, Mr Drakeford said that the Welsh Government will be strengthening the alert level four measures in three main areas.\nCommenting on the review by the First Minister, Sara Jones, Head of the Welsh Retail Consortium, said: \"Retailers continue to take coronavirus measures very seriously and consistently uphold high hygiene and safety standards. Firms have already invested hundreds of millions on safety measures including perspex screens, additional cleaning, and implementing social distancing.\n“We will continue to work constructively and positively with the Welsh Government on Covid, and are open to discussing with them what further mitigation measures can be taken and the data and science underpinning their thinking”.\nMs Jones added: \"The consequences of these ongoing restrictions - with non-essential retail already closed for several weeks - will be severe for many Welsh retail businesses who yet again face losing over £100m per week in sales.\n\"Retailers want to trade their way to recovery but further financial support will be needed or many businesses will go bust and thousands of viable jobs will be lost.\n\"The biggest difference the government can make is to extend business rates relief from April for those hardest hit by repeated lockdowns.\"\nCommenting on the current restrictions, Mr Drakeford said that it's \"frustrating when a small minority act as though those rules do not apply to them\".\n\"I want everyone to know that when people knowingly and persistently break the rules, action will be taken. Too many lives been lost to this awful virus to allow anybody to believe that they do not share in the responsibility that binds us all.\"\nHe added that the police and local authorities are doing an incredible job at enforcing the rules and \"they have my full support\".\nSign up to our BusinessLive Wales email service BusinessLive Wales is your new comprehensive home for business news from across Wales; from large corporates to exciting start-ups and sectors ranging from advanced manufacturing to financial and professional services. To sign up to our breaking news and daily newsletter service CLICK HERE.\nAs well as our in-depth early morning newsletter, we will be sending out regular breaking news email alerts.\nMr Drakeford said that over the Christmas period, the police have had thousands of conversations with people about the regulations; stopped hundreds of cars and issued more than 300 fines for breaches of the rules.\n\"And this stepped-up enforcement effort will continue,\" he said.\n\"None of us wanted to start the new year in lockdown – but as difficult and as challenging as these early weeks are, we can still look forward to a better 2021 and a route out of this pandemic.\"\nMr Drakeford said the Welsh Government will publish its plans next week for its vaccination programme.\nAsked why information on this has not been made available already, he said he has not been willing to \"divert people from getting the programme in place and up and running\" to answering questions about it.",
"Wales' First Minister has, for now, ruled out the prospect of a curfew",
"Mr Drakeford has said the Welsh Government will publish its plans next week for its vaccination programme"
] |
|
[
"Tom Pegden"
] | 2021-01-18T12:21:14 | null | 2021-01-18T11:03:18 |
Management at Derby-based luxury doughnut maker Project D said a further 711 candidates applied for a baker’s job
|
https%3A%2F%2Fwww.business-live.co.uk%2Fretail-consumer%2Fdoughnut-factory-gets-900-applications-19646223.json
|
en
| null |
Doughnut factory gets 900 applications for single job
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - East Midlands Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
More than 900 people applied for a single job at a new doughnut factory, say management – a stark reminder of the current state of the UK jobs market.
Management at Derby-based luxury doughnut maker Project D said that within a week of advertising the bakery assistant post they were deluged with applications.
They said a further 711 candidates applied for a baker’s job.
Company co-director Max Poynton said: “We are being overwhelmed with applications every time we advertise, and it is noticeable that the numbers increase with each vacancy.
“We’re also getting plenty of applications from highly skilled catering professionals - with excellent experience. It’s clear that this profession has been hit hard by lockdown and we assume that when the furlough scheme ends later in the year this situation will worsen.
“Of course, it’s great for Project D as we have been able to recruit some sensational new bakers, but it’s sad to receive so many CVs from people who have been laid off, seen their own business close or from graduates struggling to find a job.”
The UK’s unemployment rate soared during 2020 as some of the country’s biggest businesses laid off hundreds of thousands of staff. Some of the biggest casualties were in the retail, hospitality and travel sectors.
The Office for National Statistics recently said the number of employees on payrolls had fallen by 819,000, most of which were at the beginning of the pandemic.
PA reported that June was the worst month, with nearly 75,000 redundancies or possible job losses announced.
It is widely expected that the 2021 lockdown – compounded by Brexit “teething” problems – will make things worse.
Many home delivery food services have prospered though.
Project D, which produces handmade artisan doughnuts, moved into a new bakery in Spondon last month, which is 11 times bigger than its previous home.
The expansion will allow the company to operate 24 hours a day, extending its home delivery routes nationwide, creating 100 new members of staff over the coming months.
Since May the company said it had recruited 26 new members of staff, taking the workforce to 54, but the directors said they have seen rising numbers of applicants every time a position is created.
Bucking the national retail trend, Project D has plans to open a store in Leeds during 2021, as well as units in Manchester and London.
It currently delivers to doorsteps as far away as Leeds and Birmingham, and during the next six months the routes will widen across the rest of the UK.
Mr Poynton said: “It is almost impossible to reply to every applicant at the moment, because we have simply received so many.
“But obviously we will keep all the suitable CVs on file for future positions.
“We still struggle to keep up with demand for our doughnuts, so we intend to keep recruiting throughout the course of 2021.”
|
https://www.business-live.co.uk/retail-consumer/doughnut-factory-gets-900-applications-19646223
|
en
| 2021-01-18T00:00:00 |
www.business-live.co.uk/def75730a34843823ae8925e94e9ecc2cdd5a92f9e2fc99a7716ecf3a36fabfc.json
|
[
"Sign up to FREE email alerts from BusinessLive - East Midlands Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nMore than 900 people applied for a single job at a new doughnut factory, say management – a stark reminder of the current state of the UK jobs market.\nManagement at Derby-based luxury doughnut maker Project D said that within a week of advertising the bakery assistant post they were deluged with applications.\nThey said a further 711 candidates applied for a baker’s job.\nCompany co-director Max Poynton said: “We are being overwhelmed with applications every time we advertise, and it is noticeable that the numbers increase with each vacancy.\n“We’re also getting plenty of applications from highly skilled catering professionals - with excellent experience. It’s clear that this profession has been hit hard by lockdown and we assume that when the furlough scheme ends later in the year this situation will worsen.\n“Of course, it’s great for Project D as we have been able to recruit some sensational new bakers, but it’s sad to receive so many CVs from people who have been laid off, seen their own business close or from graduates struggling to find a job.”\nThe UK’s unemployment rate soared during 2020 as some of the country’s biggest businesses laid off hundreds of thousands of staff. Some of the biggest casualties were in the retail, hospitality and travel sectors.\nThe Office for National Statistics recently said the number of employees on payrolls had fallen by 819,000, most of which were at the beginning of the pandemic.\nPA reported that June was the worst month, with nearly 75,000 redundancies or possible job losses announced.\nIt is widely expected that the 2021 lockdown – compounded by Brexit “teething” problems – will make things worse.\nMany home delivery food services have prospered though.\nProject D, which produces handmade artisan doughnuts, moved into a new bakery in Spondon last month, which is 11 times bigger than its previous home.\nThe expansion will allow the company to operate 24 hours a day, extending its home delivery routes nationwide, creating 100 new members of staff over the coming months.\nSince May the company said it had recruited 26 new members of staff, taking the workforce to 54, but the directors said they have seen rising numbers of applicants every time a position is created.\nBucking the national retail trend, Project D has plans to open a store in Leeds during 2021, as well as units in Manchester and London.\nIt currently delivers to doorsteps as far away as Leeds and Birmingham, and during the next six months the routes will widen across the rest of the UK.\nMr Poynton said: “It is almost impossible to reply to every applicant at the moment, because we have simply received so many.\n“But obviously we will keep all the suitable CVs on file for future positions.\n“We still struggle to keep up with demand for our doughnuts, so we intend to keep recruiting throughout the course of 2021.”",
"Doughnut factory gets 900 applications for single job",
"Management at Derby-based luxury doughnut maker Project D said a further 711 candidates applied for a baker’s job"
] |
|
[
"Tamlyn Jones"
] | 2021-01-04T13:16:42 | null | 2021-01-04T12:40:00 |
Enlarged group will have more than 22,000 properties in its portfolio across the West Midlands, Greater Manchester and Scotland
|
https%3A%2F%2Fwww.business-live.co.uk%2Fcommercial-property%2Flomond-capital-merger-deal-linley-19559253.json
|
en
| null |
Lomond Capital in merger deal with Linley & Simpson
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - Commercial Property Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
A merger deal which will create a combined portfolio of more than 22,000 properties under management across the UK has been announced.
Edinburgh-based investment firm Lomond Capital is joining forces with Yorkshire outfit Linley & Simpson.
Lomond Capital's portfolio of residential estate and letting agency brands includes Birmingham-based John Shepherd, Thornley Groves in Greater Manchester and Braemore and Stonehouse in Scotland.
Linley & Simpson, which is headquartered in Horsforth, offers estate agency and letting services from nearly 20 bases across Yorkshire.
All local brands will continue to operate in their respective regions post-completion.
Want more business news straight to your inbox? BusinessLive is your home for business news from around the country - and you can stay in touch with all the latest news through our email alerts. You can sign up to receive daily morning news bulletins from every region we cover and to weekly email bulletins covering key economic sectors from manufacturing to technology and enterprise. And we'll send out breaking news alerts for any stories we think you can't miss. Visit our email preference centre to sign up to all the latest news from BusinessLive.
The undisclosed deal has been backed by LDC, the private equity arm of Lloyds Banking Group.
Lomond Capital's chief executive Stuart Pender said: "Lettings and estate agents are facing an increasingly complex regulatory environment and challenging trading conditions.
"We have had significant success in bringing together and supporting good quality regional agents under one operating model while maintaining a local, on-the-ground approach which together has delivered significant benefits to landlords and tenants.
"Market conditions in the private rental sector are well suited to continued growth through consolidation.
"We are looking to continue to consolidate regional markets while at the same time enhancing the proposition the sector offers to clients, through our network of market leading regional agents."
Linley & Simpson, which was previously backed by LDC in 2018, has grown significantly by adopting an acquisition strategy across the Yorkshire region.
It has bought out 18 other companies and doubled its portfolio from 5,000 to 10,000 properties since welcoming LDC on board.
Co-founder and chief executive Will Linley will sit on the new-look board as group managing director with a focus on delivering the group's acquisitive growth strategy.
His co-founder Nick Simpson will become Yorkshire chief executive and Martin Elliott is the new chief financial officer.
Mr Linley added: "This transaction is a continuation of our approach to building our business while retaining our successful local approach.
"We are actively seeking fresh opportunities to grow within Birmingham.
"We're excited about the opportunities in each of the Lomond regions and I'm looking forward to working closely with Stuart, the Lomond team and LDC to help grow the new group."
|
https://www.business-live.co.uk/commercial-property/lomond-capital-merger-deal-linley-19559253
|
en
| 2021-01-04T00:00:00 |
www.business-live.co.uk/1806c210ef5c12608d4df15e558b8de0eccd1ef2ad7b392b22d2a71560ce48f9.json
|
[
"Sign up to FREE email alerts from BusinessLive - Commercial Property Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nA merger deal which will create a combined portfolio of more than 22,000 properties under management across the UK has been announced.\nEdinburgh-based investment firm Lomond Capital is joining forces with Yorkshire outfit Linley & Simpson.\nLomond Capital's portfolio of residential estate and letting agency brands includes Birmingham-based John Shepherd, Thornley Groves in Greater Manchester and Braemore and Stonehouse in Scotland.\nLinley & Simpson, which is headquartered in Horsforth, offers estate agency and letting services from nearly 20 bases across Yorkshire.\nAll local brands will continue to operate in their respective regions post-completion.\nWant more business news straight to your inbox? BusinessLive is your home for business news from around the country - and you can stay in touch with all the latest news through our email alerts. You can sign up to receive daily morning news bulletins from every region we cover and to weekly email bulletins covering key economic sectors from manufacturing to technology and enterprise. And we'll send out breaking news alerts for any stories we think you can't miss. Visit our email preference centre to sign up to all the latest news from BusinessLive.\nThe undisclosed deal has been backed by LDC, the private equity arm of Lloyds Banking Group.\nLomond Capital's chief executive Stuart Pender said: \"Lettings and estate agents are facing an increasingly complex regulatory environment and challenging trading conditions.\n\"We have had significant success in bringing together and supporting good quality regional agents under one operating model while maintaining a local, on-the-ground approach which together has delivered significant benefits to landlords and tenants.\n\"Market conditions in the private rental sector are well suited to continued growth through consolidation.\n\"We are looking to continue to consolidate regional markets while at the same time enhancing the proposition the sector offers to clients, through our network of market leading regional agents.\"\nLinley & Simpson, which was previously backed by LDC in 2018, has grown significantly by adopting an acquisition strategy across the Yorkshire region.\nIt has bought out 18 other companies and doubled its portfolio from 5,000 to 10,000 properties since welcoming LDC on board.\nCo-founder and chief executive Will Linley will sit on the new-look board as group managing director with a focus on delivering the group's acquisitive growth strategy.\nHis co-founder Nick Simpson will become Yorkshire chief executive and Martin Elliott is the new chief financial officer.\nMr Linley added: \"This transaction is a continuation of our approach to building our business while retaining our successful local approach.\n\"We are actively seeking fresh opportunities to grow within Birmingham.\n\"We're excited about the opportunities in each of the Lomond regions and I'm looking forward to working closely with Stuart, the Lomond team and LDC to help grow the new group.\"",
"Lomond Capital in merger deal with Linley & Simpson",
"Enlarged group will have more than 22,000 properties in its portfolio across the West Midlands, Greater Manchester and Scotland"
] |
|
[
"Owen Hughes",
"Image",
"Penderyn Archer Humphryes Architects",
"North Wales Weekly News"
] | 2021-01-26T11:54:53 | null | 2021-01-26T11:25:48 |
The spirits maker will open the site in the seaside town later this year
|
https%3A%2F%2Fwww.business-live.co.uk%2Fretail-consumer%2Fpenderyn-whisky-starts-recruitment-new-19701349.json
|
en
| null |
Penderyn whisky starts recruitment for new Llandudno distillery
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - Wales Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
Whisky maker Penderyn has started recruitment for its new distillery in Llandudno.
They were granted planning permission in August last year to restore and convert the Old Board School on Lloyd Street into a Distillery and Visitor Centre.
Since then, contractors from Mold-based MPH Construction have been carrying out the renovation works, including the addition of a modern glazed extension to the back of the building.
(Image: North Wales Weekly News)
Opening later this year, the working distillery will produce a range of unique peated single malt whiskies on site, as well as provide a year-round, all weather tourism attraction in North Wales.
In the region of 13 jobs are expected to be created in the first year, with the role of site and visitor centre manager now open for applications.
Neil Quigley, Penderyn director of operations, said: "We are very pleased to see the progress that's been made on site, despite the obvious challenges presented by the Covid-19 pandemic and Brexit.
"Now that the restoration is almost complete, we're aiming to bring in the distillery equipment within a few weeks and start the installation and commissioning by early April at the latest.
"This means that we're still on track to be open to the public by the spring or early summer."
(Image: Penderyn/Archer Humphryes Architects)
He added: "We want to recruit a strong team to run the operations in Llandudno, and the site and visitor centre manager role is a really important one in bringing that team together.
"This person will have responsibility for both the production and visitor elements of the site, and so we're looking for someone who has experience in operational efficiency as well as marketing and customer relations.
"We already have a solid base of loyal customers in North Wales, but having the Distillery and Visitor Centre in Llandudno will put us in a stronger position to further develop our brand and networks across the region and beyond."
He added: "Once we have this person on board, we'll be recruiting for the other posts - including still operators, administration and tour guides.
"We're really hoping to attract people with the relevant skills from the local area and help boost the North Wales labour market at the end of what has been an exceptionally difficult 12 months."
To have your say on this story please use our comments section at the top of this article
|
https://www.business-live.co.uk/retail-consumer/penderyn-whisky-starts-recruitment-new-19701349
|
en
| 2021-01-26T00:00:00 |
www.business-live.co.uk/18877e8c11d50fecfe2db77e819d170a6f55ab5bce5763bdd87e770143e6cb36.json
|
[
"Sign up to FREE email alerts from BusinessLive - Wales Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nWhisky maker Penderyn has started recruitment for its new distillery in Llandudno.\nThey were granted planning permission in August last year to restore and convert the Old Board School on Lloyd Street into a Distillery and Visitor Centre.\nSince then, contractors from Mold-based MPH Construction have been carrying out the renovation works, including the addition of a modern glazed extension to the back of the building.\n(Image: North Wales Weekly News)\nOpening later this year, the working distillery will produce a range of unique peated single malt whiskies on site, as well as provide a year-round, all weather tourism attraction in North Wales.\nIn the region of 13 jobs are expected to be created in the first year, with the role of site and visitor centre manager now open for applications.\nNeil Quigley, Penderyn director of operations, said: \"We are very pleased to see the progress that's been made on site, despite the obvious challenges presented by the Covid-19 pandemic and Brexit.\n\"Now that the restoration is almost complete, we're aiming to bring in the distillery equipment within a few weeks and start the installation and commissioning by early April at the latest.\n\"This means that we're still on track to be open to the public by the spring or early summer.\"\n(Image: Penderyn/Archer Humphryes Architects)\nHe added: \"We want to recruit a strong team to run the operations in Llandudno, and the site and visitor centre manager role is a really important one in bringing that team together.\n\"This person will have responsibility for both the production and visitor elements of the site, and so we're looking for someone who has experience in operational efficiency as well as marketing and customer relations.\n\"We already have a solid base of loyal customers in North Wales, but having the Distillery and Visitor Centre in Llandudno will put us in a stronger position to further develop our brand and networks across the region and beyond.\"\nHe added: \"Once we have this person on board, we'll be recruiting for the other posts - including still operators, administration and tour guides.\n\"We're really hoping to attract people with the relevant skills from the local area and help boost the North Wales labour market at the end of what has been an exceptionally difficult 12 months.\"\nTo have your say on this story please use our comments section at the top of this article",
"Penderyn whisky starts recruitment for new Llandudno distillery",
"The spirits maker will open the site in the seaside town later this year"
] |
|
[
"Sion Barry",
"Image",
"Patrick Olner"
] | 2021-01-20T11:48:59 | null | 2021-01-20T11:01:24 |
In a pre-close statement to the City it said revenues for 2020 were expected to be £38m higher than 2019
|
https%3A%2F%2Fwww.business-live.co.uk%2Ftechnology%2Ftech-firm-iqe-reports-big-19662133.json
|
en
| null |
Tech firm IQE reports big lift in revenues while upbeat on trading outlook
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - Wales Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
One of Wales' leading technology firms, IQE, says that revenues for 2020 are expected to come in £38m up on the previous year, while being upbeat on the trading outlook.
In a pre-close statement and trading update to the City the Cardiff headquartered manufacturer of advanced semiconductor wafer products and materials solutions for the global semiconductor industry, said that revenues for 2020 were expected to be £178m - subject to external audit review.
This compares with £140m for 2019 and is consistent with previously issued guidance of at least £170m.
IQE also had an improved net cash position of circa £2m as of 31 December 2020 (31 Dec 2019: net debt of £16m).
This is said was the result of a strong trading performance, continued reduction in capital investment and focus on cash management.
The Alternative Investment Market listed firm said trading remained favourable in the final quarter of 2020 and has entered 2021 with positive momentum in both its wireless and photonics business units.
Chief executive Dr Drew Nelson, who last year announced he will stand down once a successor is found, said: " IQE has achieved real strategic progress over the past year with excellent results.
"I am extremely proud of our strong financial and operational performance in 2020, which represents a record revenue performance for IQE.
"We also demonstrated strong free cash flow of close to £18m facilitating the transition to a net cash positive position at year end. The whole IQE team contributed to this result and they have demonstrated outstanding resilience throughout what was a hugely challenging year globally.”
|
https://www.business-live.co.uk/technology/tech-firm-iqe-reports-big-19662133
|
en
| 2021-01-20T00:00:00 |
www.business-live.co.uk/53fe60e3a95ee1ad4ccfc253c4e62606503f36ef56562526ed8dffd247d16691.json
|
[
"Sign up to FREE email alerts from BusinessLive - Wales Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nOne of Wales' leading technology firms, IQE, says that revenues for 2020 are expected to come in £38m up on the previous year, while being upbeat on the trading outlook.\nIn a pre-close statement and trading update to the City the Cardiff headquartered manufacturer of advanced semiconductor wafer products and materials solutions for the global semiconductor industry, said that revenues for 2020 were expected to be £178m - subject to external audit review.\nThis compares with £140m for 2019 and is consistent with previously issued guidance of at least £170m.\nIQE also had an improved net cash position of circa £2m as of 31 December 2020 (31 Dec 2019: net debt of £16m).\nThis is said was the result of a strong trading performance, continued reduction in capital investment and focus on cash management.\nThe Alternative Investment Market listed firm said trading remained favourable in the final quarter of 2020 and has entered 2021 with positive momentum in both its wireless and photonics business units.\nChief executive Dr Drew Nelson, who last year announced he will stand down once a successor is found, said: \" IQE has achieved real strategic progress over the past year with excellent results.\n\"I am extremely proud of our strong financial and operational performance in 2020, which represents a record revenue performance for IQE.\n\"We also demonstrated strong free cash flow of close to £18m facilitating the transition to a net cash positive position at year end. The whole IQE team contributed to this result and they have demonstrated outstanding resilience throughout what was a hugely challenging year globally.”",
"Tech firm IQE reports big lift in revenues while upbeat on trading outlook",
"In a pre-close statement to the City it said revenues for 2020 were expected to be £38m higher than 2019"
] |
|
[
"David Laister",
"Image",
"Insight Photography Ltd"
] | 2021-01-18T17:12:07 | null | 2021-01-18T15:55:50 |
East Yorkshire site is now under offer according to agent Garness Jones as £19m sales retained by Intergreen in 2019
|
https%3A%2F%2Fwww.business-live.co.uk%2Fretail-consumer%2Fintergreen-confirms-operational-review-after-19649859.json
|
en
| null |
Intergreen confirms 'operational review' after Tesco flower contract loss sees 144,000 sq ft site vacated
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - Yorkshire & Humber Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
Intergreen has confirmed a review of operations after Tesco cut it out of its horticultural supply chain.
The Dutch-owned business operated from a state-of-the-art industrial facility off the A63 in East Yorkshire, as well as in Spalding, Lincolnshire, as a sister company to JZ Flowers International.
The 140,000 sq ft site at Newport hit the market in September as the contract with the UK’s leading retailer came to an end, with the company declining to comment on the move.
Now, in results just published, company secretary Nick Mannoussakis said: “Following a lengthy tender process, Tesco has decided not to renew its contract with the company to supply flowers and plants for its UK business.
“The company will be reviewing its operations and pursuing new opportunities in the UK market.”
An outcome appears to have been the closure of the East Yorkshire site, where it is understood more than 300 people worked.
(Image: Insight Photography Ltd)
Figures for the calendar-aligned year of 2019 - with the contract then served - saw sales of £19.7 million, down 0.3 per cent on 2018, with profits consistent at £388,000.
It was delivered with a staff at 512, though all eyes will be on next year’s performance as it seeks to recover from the huge contract loss.
The Dianthus Business Park site at Newport was held on a £1 million a year lease from Newport Buildings - a sister company to JZ and Intergreen, with a 10 year arrangement, expiring next January.
It is now under offer according to commercial agent Garness Jones.
|
https://www.business-live.co.uk/retail-consumer/intergreen-confirms-operational-review-after-19649859
|
en
| 2021-01-18T00:00:00 |
www.business-live.co.uk/efe68c1f98730ed4d42b3fa48e1b77eaaf10c3d615cb3a5b37d4e39829ba5cc6.json
|
[
"Sign up to FREE email alerts from BusinessLive - Yorkshire & Humber Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nIntergreen has confirmed a review of operations after Tesco cut it out of its horticultural supply chain.\nThe Dutch-owned business operated from a state-of-the-art industrial facility off the A63 in East Yorkshire, as well as in Spalding, Lincolnshire, as a sister company to JZ Flowers International.\nThe 140,000 sq ft site at Newport hit the market in September as the contract with the UK’s leading retailer came to an end, with the company declining to comment on the move.\nNow, in results just published, company secretary Nick Mannoussakis said: “Following a lengthy tender process, Tesco has decided not to renew its contract with the company to supply flowers and plants for its UK business.\n“The company will be reviewing its operations and pursuing new opportunities in the UK market.”\nAn outcome appears to have been the closure of the East Yorkshire site, where it is understood more than 300 people worked.\n(Image: Insight Photography Ltd)\nFigures for the calendar-aligned year of 2019 - with the contract then served - saw sales of £19.7 million, down 0.3 per cent on 2018, with profits consistent at £388,000.\nIt was delivered with a staff at 512, though all eyes will be on next year’s performance as it seeks to recover from the huge contract loss.\nThe Dianthus Business Park site at Newport was held on a £1 million a year lease from Newport Buildings - a sister company to JZ and Intergreen, with a 10 year arrangement, expiring next January.\nIt is now under offer according to commercial agent Garness Jones.",
"Intergreen confirms 'operational review' after Tesco flower contract loss sees 144,000 sq ft site vacated",
"East Yorkshire site is now under offer according to agent Garness Jones as £19m sales retained by Intergreen in 2019"
] |
|
[
"Jonathon Manning",
"Image",
"Sarah Deane Photographic"
] | 2021-01-22T14:08:12 | null | 2021-01-22T12:43:27 |
The firm is creating jobs in Newcastle to support its new base in Chicago
|
https%3A%2F%2Fwww.business-live.co.uk%2Ftechnology%2Fsilverbean-create-30-jobs-marketing-19680436.json
|
en
| null |
Silverbean to create 30 jobs as marketing firm launches in the US
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - North East Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
Newcastle digital marketing group N21 is preparing to double its headcount as it prepares to launch its first office in the US.
N21 is expanding its Silverbean brand into the US, where the business will open an office in Chicago at the start of February.
The office will be headed up by Sarah Beeskow Blay, a marketing specialist who has previously worked as vice president of performance marketing firm ShareASale. Once the office is up and running, Silverbean will then hire a team of four or five members of staff to work in its Chicago base.
But the vast majority of Silverbean’s growth will be made in Newcastle, where the company plans to hire 30 members of staff over the next three years to support its international growth. The new starters will work for clients from the Chicago office and the firm’s existing site in Sydney, Australia.
Commenting on Silverbean’s growth plans, CEO Neil Robbins said: “What we have developed here is an interesting delivery model for clients. We do two-thirds of the client delivery from Newcastle.
“We think we will create 30 jobs in Newcastle to support our international services over the next three years, then five or six jobs in the US. We have a team of four in Sydney that will grow to eight this calendar year.”
N21 has undergone a major restructure over the last two years after Mr Robbins made the decision to split the business into three specialist brands in order to cater for clients whose marketing needs had grown more sophisticated.
The first move saw Silverbean evolve into a niche brand specialising in affiliate and partner marketing. The company then created AGY47, which promotes its clients’ products through paid social and search content.
As part of the firm’s ongoing growth strategy AGY47 is now relaunching under the name Ortus. It will be led by associate director Sarah Williams.
N21 is also creating a new agency called North, which will be a digital PR-led search agency under the purview of head of digital Bethanie Dennis.
Across the two new brands N21 is planning to hire dozens of new staff, allowing it to double its headcount.
Mr Robbins said: “For Ortus and North over the next three years we are looking to create around 40 to 50 jobs between them. We are looking to double the size of the business over the next three years at least.
“It’s about trying to scale the business up as a group.”
N21 had initially planned to expand into the US last year but was forced to push back its plans due to the coronavirus pandemic. However, Mr Robbins says the business is now performing well and has acquired just under 30 new clients as more and more companies look to drive revenue through eCommerce.
|
https://www.business-live.co.uk/technology/silverbean-create-30-jobs-marketing-19680436
|
en
| 2021-01-22T00:00:00 |
www.business-live.co.uk/38f0ce2447ea628874d6716ac2371d83d7a191cd2d01acccab13c867bc50b32d.json
|
[
"Sign up to FREE email alerts from BusinessLive - North East Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nNewcastle digital marketing group N21 is preparing to double its headcount as it prepares to launch its first office in the US.\nN21 is expanding its Silverbean brand into the US, where the business will open an office in Chicago at the start of February.\nThe office will be headed up by Sarah Beeskow Blay, a marketing specialist who has previously worked as vice president of performance marketing firm ShareASale. Once the office is up and running, Silverbean will then hire a team of four or five members of staff to work in its Chicago base.\nBut the vast majority of Silverbean’s growth will be made in Newcastle, where the company plans to hire 30 members of staff over the next three years to support its international growth. The new starters will work for clients from the Chicago office and the firm’s existing site in Sydney, Australia.\nCommenting on Silverbean’s growth plans, CEO Neil Robbins said: “What we have developed here is an interesting delivery model for clients. We do two-thirds of the client delivery from Newcastle.\n“We think we will create 30 jobs in Newcastle to support our international services over the next three years, then five or six jobs in the US. We have a team of four in Sydney that will grow to eight this calendar year.”\nN21 has undergone a major restructure over the last two years after Mr Robbins made the decision to split the business into three specialist brands in order to cater for clients whose marketing needs had grown more sophisticated.\nThe first move saw Silverbean evolve into a niche brand specialising in affiliate and partner marketing. The company then created AGY47, which promotes its clients’ products through paid social and search content.\nAs part of the firm’s ongoing growth strategy AGY47 is now relaunching under the name Ortus. It will be led by associate director Sarah Williams.\nN21 is also creating a new agency called North, which will be a digital PR-led search agency under the purview of head of digital Bethanie Dennis.\nAcross the two new brands N21 is planning to hire dozens of new staff, allowing it to double its headcount.\nMr Robbins said: “For Ortus and North over the next three years we are looking to create around 40 to 50 jobs between them. We are looking to double the size of the business over the next three years at least.\n“It’s about trying to scale the business up as a group.”\nN21 had initially planned to expand into the US last year but was forced to push back its plans due to the coronavirus pandemic. However, Mr Robbins says the business is now performing well and has acquired just under 30 new clients as more and more companies look to drive revenue through eCommerce.",
"Silverbean to create 30 jobs as marketing firm launches in the US",
"The firm is creating jobs in Newcastle to support its new base in Chicago"
] |
|
[
"William Telford",
"Image",
"Coventry Telegraph"
] | 2021-01-06T07:21:34 | null | 2021-01-06T07:00:00 |
British Chambers of Commerce Quarterly Economic Survey for Q4 2020 is grim reading and compiled prior to country being locked down once again
|
https%3A%2F%2Fwww.business-live.co.uk%2Feconomic-development%2Fsurvey-reveals-huge-level-business-19567482.json
|
en
| null |
Survey reveals huge level of business misery even before latest lockdown
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - South West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
A new survey has revealed that businesses across the country feel worryingly downbeat about their prospects – and that was before a third national lockdown was announced.
The British Chambers of Commerce Quarterly Economic Survey Q4 2020 revealed business conditions remain weak and show no signs of improvement for the vast majority of firms.
The study, the UK’s largest independent survey of business sentiment and a leading indicator of UK GDP growth, found business conditions were weakened in the fourth quarter as the second lockdown squeezed activity.
The bellwether survey of 6,203 firms, employing nearly a million people across the UK, revealed there was no fundamental improvement in the key indicators in Q4 and they remain well below pre-crisis levels. Ninety five per cent of respondents were SMEs.
Following the sharpest decline in the history of the QES in Q2 2020, all the key indicators in Q4 remained substantially worse than pre-pandemic levels and 79% of hotels and catering firms reported a decrease in domestic sales in Q4, worsening from 66% in Q3.
Cash flow, a key indicator of business health, continued to deteriorate for 43% of firms overall. For hotels and catering firms, 77% reported a decrease.
The survey took place during the second lockdowns in England and Northern Ireland, and amid tougher restrictions in Scotland and Wales.
Continued uncertainty around further lockdowns and restrictions, as well as the many unanswered questions on Brexit, caused businesses considerable distress, with some saying they are worried about the long-term viability of their ventures.
Smaller firms and independent retailers reported the most pessimistic sentiment, many stating that changes in restrictions, and the introduction of the second lockdown exacerbated cash-flow problems and left them with redundant stock.
Some businesses not forced to close by the lockdown and restrictions were also feeling the effects of the cash-flow crisis further up the supply chain, with marketing budgets slashed or diverted to Covid-related activity.
Overall, indicators remained weak in Q4, with only moderate improvement compared to Q3 and still well below the pre-Covid 19 trend.
Nearly half of firms (43%) reported decreases in domestic sales, broadly unchanged from 46% in Q3, while 26% of firms reported an increase in domestic sales.
In addition, 45% of firms reported a decrease in domestic orders, while 33% report no change, and just 22% reported an increase.
Meanwhile, 38% of firms reported decreases in export sales, down slightly from 45% in Q3 but still substantially worse than pre-pandemic levels, where only around 20% of firms reported a decrease. However, nearly a quarter (22%) of firms reported increases in export sales, up from 16% in Q3 .
Business to consumer (B2C) firms saw the largest falls in domestic sales in the quarter. Over three quarters (79%) of respondents in the hospitality and catering sectors reported decreases, compared to 66% in Q3 and is moving back toward Q2 levels (94%), underlining the impact that lockdowns and forced closures have had on demand.
And the survey revealed that even sectors which have continued their operations through the pandemic, and/or shifted their operating models to remote working, also had a higher proportion of firms reporting decreased sales.
For instance, 53% of transport and distribution firms, and 44% of marketing/media firms reported decreases in sales, well above pre-pandemic levels of 29% and 23% reporting decreases in Q1 2020, respectively.
In the manufacturing sector, the balance of firms reporting increased domestic sales increased to -9% in Q4 2020, up from -15% in Q3 2020. The balance of firms reporting increased export sales increased to -8% from -26% in Q3.
How to contact William Telford and Business Live Business Live's South West Business Reporter is William Telford. He is based in Plymouth but covers the entire region. To contact William: Email: [email protected] Phone: 01752 293116 Mob: 07584 594052 Twitter: @WTelfordHerald LinkedIn: www.linkedin.com Facebook: www.facebook.com/william.telford.5473 William has more than a decade's experience reporting on the business scene in Plymouth and the South West. To sign up for Business Live's daily newsletters click here
In the services sector generally, the balance of firms reporting increased domestic sales increased to -24% in Q4 2020, up from -25% in Q3. The balance of firms reporting increased export sales increased to -22% in Q4 from -31% in Q3
As a percentage balance, the manufacturing sector is seeing a faster rate of improvement in domestic and export sales, though both sectors’ indicators remain in “negative territory”, meaning that more firms have reported a decrease in sales than an increase.
Suren Thiru, head of economics at the British Chambers of Commerce (BCC), said: “These results indicate that economic activity was strikingly downbeat in the final quarter of 2020 as the re-introduction of tighter coronavirus restrictions weighed heavily on the key drivers of growth.
“The services sector endured a particularly difficult quarter, with consumer-facing businesses most severely exposed to the renewed restrictions. Although manufacturing firms had a moderately better end to 2020, this is more likely to reflect a temporary boost from Brexit stockpiling rather than evidence of a recovery in the sector. The persistent weakness in investment intentions is a particular concern, as it limits the UK’s productivity and growth potential.
“Though the vaccine rollout provides real optimism, a new national lockdown means that a significant double-dip recession in the first quarter of this year is looking increasingly likely.”
(Image: Coventry Telegraph)
BCC director general Dr Adam Marshall said: “Our findings demonstrate that businesses across the UK face a difficult and uncertain year ahead in 2021. The announcement of another major lockdown across all four nations of the UK will compound the gloom for many.
“As we start 2021, governments across the UK should be pulling out all the stops to ensure support for businesses is commensurate with the restrictions in place.
“Both the pandemic and government restrictions continue to hit firms hard, and many are grappling with a difficult period of adjustment to new trading conditions following the end of the Brexit transition period.
“The current drip-feed approach to business support measures is too short term and leaves businesses unable to plan.
“Ministers must set out, now, what additional steps they will take to underpin business cash flow and help viable firms preserve livelihoods until a full reopening of the economy is possible. They should be boosting confidence by extending tax holidays and key support schemes that are due to expire over the coming weeks.
“As we look to the future, our findings demonstrate that big investment incentives are also needed. Prosperity and success depend on businesses, both domestic and international, having the confidence to invest here in the UK for the long term.
“For business, the pandemic doesn’t end simply because vaccines are starting to be delivered. Brexit isn’t ‘done’, either. The sooner the Prime Minister and his colleagues set out a coherent economic plan and longer-term support to help businesses to restart, rebuild, and renew, the better. 2021 cannot be a year where Britain dithers while others do.”
|
https://www.business-live.co.uk/economic-development/survey-reveals-huge-level-business-19567482
|
en
| 2021-01-06T00:00:00 |
www.business-live.co.uk/17c6896f09baf815b3cea76681e1ae8cf53b53cb286cea43e922430c09267d1f.json
|
[
"Sign up to FREE email alerts from BusinessLive - South West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nA new survey has revealed that businesses across the country feel worryingly downbeat about their prospects – and that was before a third national lockdown was announced.\nThe British Chambers of Commerce Quarterly Economic Survey Q4 2020 revealed business conditions remain weak and show no signs of improvement for the vast majority of firms.\nThe study, the UK’s largest independent survey of business sentiment and a leading indicator of UK GDP growth, found business conditions were weakened in the fourth quarter as the second lockdown squeezed activity.\nThe bellwether survey of 6,203 firms, employing nearly a million people across the UK, revealed there was no fundamental improvement in the key indicators in Q4 and they remain well below pre-crisis levels. Ninety five per cent of respondents were SMEs.\nFollowing the sharpest decline in the history of the QES in Q2 2020, all the key indicators in Q4 remained substantially worse than pre-pandemic levels and 79% of hotels and catering firms reported a decrease in domestic sales in Q4, worsening from 66% in Q3.\nCash flow, a key indicator of business health, continued to deteriorate for 43% of firms overall. For hotels and catering firms, 77% reported a decrease.\nThe survey took place during the second lockdowns in England and Northern Ireland, and amid tougher restrictions in Scotland and Wales.\nContinued uncertainty around further lockdowns and restrictions, as well as the many unanswered questions on Brexit, caused businesses considerable distress, with some saying they are worried about the long-term viability of their ventures.\nSmaller firms and independent retailers reported the most pessimistic sentiment, many stating that changes in restrictions, and the introduction of the second lockdown exacerbated cash-flow problems and left them with redundant stock.\nSome businesses not forced to close by the lockdown and restrictions were also feeling the effects of the cash-flow crisis further up the supply chain, with marketing budgets slashed or diverted to Covid-related activity.\nOverall, indicators remained weak in Q4, with only moderate improvement compared to Q3 and still well below the pre-Covid 19 trend.\nNearly half of firms (43%) reported decreases in domestic sales, broadly unchanged from 46% in Q3, while 26% of firms reported an increase in domestic sales.\nIn addition, 45% of firms reported a decrease in domestic orders, while 33% report no change, and just 22% reported an increase.\nMeanwhile, 38% of firms reported decreases in export sales, down slightly from 45% in Q3 but still substantially worse than pre-pandemic levels, where only around 20% of firms reported a decrease. However, nearly a quarter (22%) of firms reported increases in export sales, up from 16% in Q3 .\nBusiness to consumer (B2C) firms saw the largest falls in domestic sales in the quarter. Over three quarters (79%) of respondents in the hospitality and catering sectors reported decreases, compared to 66% in Q3 and is moving back toward Q2 levels (94%), underlining the impact that lockdowns and forced closures have had on demand.\nAnd the survey revealed that even sectors which have continued their operations through the pandemic, and/or shifted their operating models to remote working, also had a higher proportion of firms reporting decreased sales.\nFor instance, 53% of transport and distribution firms, and 44% of marketing/media firms reported decreases in sales, well above pre-pandemic levels of 29% and 23% reporting decreases in Q1 2020, respectively.\nIn the manufacturing sector, the balance of firms reporting increased domestic sales increased to -9% in Q4 2020, up from -15% in Q3 2020. The balance of firms reporting increased export sales increased to -8% from -26% in Q3.\nHow to contact William Telford and Business Live Business Live's South West Business Reporter is William Telford. He is based in Plymouth but covers the entire region. To contact William: Email: [email protected] Phone: 01752 293116 Mob: 07584 594052 Twitter: @WTelfordHerald LinkedIn: www.linkedin.com Facebook: www.facebook.com/william.telford.5473 William has more than a decade's experience reporting on the business scene in Plymouth and the South West. To sign up for Business Live's daily newsletters click here\nIn the services sector generally, the balance of firms reporting increased domestic sales increased to -24% in Q4 2020, up from -25% in Q3. The balance of firms reporting increased export sales increased to -22% in Q4 from -31% in Q3\nAs a percentage balance, the manufacturing sector is seeing a faster rate of improvement in domestic and export sales, though both sectors’ indicators remain in “negative territory”, meaning that more firms have reported a decrease in sales than an increase.\nSuren Thiru, head of economics at the British Chambers of Commerce (BCC), said: “These results indicate that economic activity was strikingly downbeat in the final quarter of 2020 as the re-introduction of tighter coronavirus restrictions weighed heavily on the key drivers of growth.\n“The services sector endured a particularly difficult quarter, with consumer-facing businesses most severely exposed to the renewed restrictions. Although manufacturing firms had a moderately better end to 2020, this is more likely to reflect a temporary boost from Brexit stockpiling rather than evidence of a recovery in the sector. The persistent weakness in investment intentions is a particular concern, as it limits the UK’s productivity and growth potential.\n“Though the vaccine rollout provides real optimism, a new national lockdown means that a significant double-dip recession in the first quarter of this year is looking increasingly likely.”\n(Image: Coventry Telegraph)\nBCC director general Dr Adam Marshall said: “Our findings demonstrate that businesses across the UK face a difficult and uncertain year ahead in 2021. The announcement of another major lockdown across all four nations of the UK will compound the gloom for many.\n“As we start 2021, governments across the UK should be pulling out all the stops to ensure support for businesses is commensurate with the restrictions in place.\n“Both the pandemic and government restrictions continue to hit firms hard, and many are grappling with a difficult period of adjustment to new trading conditions following the end of the Brexit transition period.\n“The current drip-feed approach to business support measures is too short term and leaves businesses unable to plan.\n“Ministers must set out, now, what additional steps they will take to underpin business cash flow and help viable firms preserve livelihoods until a full reopening of the economy is possible. They should be boosting confidence by extending tax holidays and key support schemes that are due to expire over the coming weeks.\n“As we look to the future, our findings demonstrate that big investment incentives are also needed. Prosperity and success depend on businesses, both domestic and international, having the confidence to invest here in the UK for the long term.\n“For business, the pandemic doesn’t end simply because vaccines are starting to be delivered. Brexit isn’t ‘done’, either. The sooner the Prime Minister and his colleagues set out a coherent economic plan and longer-term support to help businesses to restart, rebuild, and renew, the better. 2021 cannot be a year where Britain dithers while others do.”",
"Survey reveals huge level of business misery even before latest lockdown",
"British Chambers of Commerce Quarterly Economic Survey for Q4 2020 is grim reading and compiled prior to country being locked down once again"
] |
|
[
"Jonathon Manning",
"Image",
"Grainger"
] | 2021-01-11T13:54:13 | null | 2021-01-11T12:02:24 |
Bristol is one of the Newcastle-based property company key target locations
|
https%3A%2F%2Fwww.business-live.co.uk%2Fcommercial-property%2Fproperty-group-grainger-snaps-up-19602006.json
|
en
| null |
Property group Grainger snaps up Bristol housing development for £63m
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - Commercial Property Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
Grainger Plc has struck a £60m deal to acquire a new development that will allow it to build more than 200 homes in Bristol.
The Newcastle-based company, which describes itself as the UK’s largest listed landlord, has bought the development site for £63.1m from Cubex Land.
The deal will allow Grainger to construct 231 build-to-rent properties in the city, which has previously been named as one of Grainger’s key target locations. Grainger expects the investment to generate a gross yield of 6%.
Helen Gordon, chief executive of Grainger, said: “This acquisition in Bristol is an exciting addition to our growing portfolio of high-quality rental homes in Bristol, a city which meets our strict investment criteria.
“Demand for high-quality rental homes in Bristol continues to grow, and this scheme will add greater scale to our city cluster, improving our ability to drive efficiencies while delivering a great service to our customers.”
The site was originally bought by Cubex in 2016 on behalf of the Fiera Real Estate Opportunity Fund IV (UK), a joint venture by Fiera Real Estate that is exclusive to clients of CBRE Global Investment Partners (CBRE GIP). Following Grainger’s acquisition Cubex will continue as its development manager.
Peter Walford, director of Cubex, said: “We are delighted to have closed our second high profile funding deal with Grainger in Bristol to provide additional new homes to our award winning Finzels Reach development. This next phase will also incorporate 66 new affordable homes alongside Halo, our 116,000 sq ft office building which we substantially pre-let to Osborne Clarke and forward funded with Tesco Pension Trust earlier this year.”
Grainger’s latest deal will complement its existing property, Hawkins and George. The site was the first build-to-rent development in Bristol and is part of Cubex and Fiera Real Estate’s Finzels Reach Scheme. It includes 194 apartments across two buildings.
The new deal means Grainger will have 425 rental homes in Bristol.
|
https://www.business-live.co.uk/commercial-property/property-group-grainger-snaps-up-19602006
|
en
| 2021-01-11T00:00:00 |
www.business-live.co.uk/7637f91fd0096817cd2370df767ae40fc94076431e4b92e926390ce13bfe6f00.json
|
[
"Sign up to FREE email alerts from BusinessLive - Commercial Property Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nGrainger Plc has struck a £60m deal to acquire a new development that will allow it to build more than 200 homes in Bristol.\nThe Newcastle-based company, which describes itself as the UK’s largest listed landlord, has bought the development site for £63.1m from Cubex Land.\nThe deal will allow Grainger to construct 231 build-to-rent properties in the city, which has previously been named as one of Grainger’s key target locations. Grainger expects the investment to generate a gross yield of 6%.\nHelen Gordon, chief executive of Grainger, said: “This acquisition in Bristol is an exciting addition to our growing portfolio of high-quality rental homes in Bristol, a city which meets our strict investment criteria.\n“Demand for high-quality rental homes in Bristol continues to grow, and this scheme will add greater scale to our city cluster, improving our ability to drive efficiencies while delivering a great service to our customers.”\nThe site was originally bought by Cubex in 2016 on behalf of the Fiera Real Estate Opportunity Fund IV (UK), a joint venture by Fiera Real Estate that is exclusive to clients of CBRE Global Investment Partners (CBRE GIP). Following Grainger’s acquisition Cubex will continue as its development manager.\nPeter Walford, director of Cubex, said: “We are delighted to have closed our second high profile funding deal with Grainger in Bristol to provide additional new homes to our award winning Finzels Reach development. This next phase will also incorporate 66 new affordable homes alongside Halo, our 116,000 sq ft office building which we substantially pre-let to Osborne Clarke and forward funded with Tesco Pension Trust earlier this year.”\nGrainger’s latest deal will complement its existing property, Hawkins and George. The site was the first build-to-rent development in Bristol and is part of Cubex and Fiera Real Estate’s Finzels Reach Scheme. It includes 194 apartments across two buildings.\nThe new deal means Grainger will have 425 rental homes in Bristol.",
"Property group Grainger snaps up Bristol housing development for £63m",
"Bristol is one of the Newcastle-based property company key target locations"
] |
|
[
"William Telford",
"Image",
"Erin Black",
"Penny Cross"
] | 2021-01-06T08:18:21 | null | 2021-01-06T08:00:00 |
Plymouth City Centre Company CEO says some chains won't survive latest Covid closure but is confident city centre has a strong future
|
https%3A%2F%2Fwww.business-live.co.uk%2Fretail-consumer%2Fexpect-retail-casualties-new-lockdown-19568626.json
|
en
| null |
Expect retail casualties from new lockdown says city centre chief
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - South West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
Some city centre businesses including major national retail chains will not survive the latest lockdown, says the chief executive of Plymouth City Centre Company.
Steve Hughes said businesses already teetering on the edge after months of uncertainty and two previous lockdowns may not outlive the latest restrictions.
He was speaking as stationery and greeting card chain Paperchase, which has a large outlet in Plymouth’s Drake Circus Shopping Centre, warned it was on the verge of collapsing into administration.
And Mr Hughes said more could follow, although he said that if retailers can weather the current Covid-19 lockdown Plymouth’s city centre is well poised to bounce back.
(Image: Penny Cross)
But there is an immediate problem from what Mr Hughes described as a “hammer blow” to retail and hospitality businesses. He said: “It’s too early to say how the latest lockdown will impact on businesses exactly, but undoubtedly some will not make it.
“Without further help, big chains and independents are at threat, and particularly the hospitality sector, because Covid restrictions mean they can’t trade successfully.
“So from the point of view of Plymouth city centre, then undoubtedly there will be more casualties. Some will be among the big chains which can no longer afford to have the overheads of bricks and mortar premises.”
Since the coronavirus pandemic arrived in the UK Plymouth city centre has lost the likes of Brighthouse, Laura Ashley, Carphone Warehouse, Cath Kidston, Cafe Thorntons and Edinburgh Woollen Mill, with Debenhams and Peacocks staging closing down sales.
Prime Minister Boris Johnson pitched England into further lockdown misery on January 4 as coronavirus cases threatened to overwhelm the NHS.
All non-essential retail must now stay closed and hospitality businesses can only offer takeaways, causing more problems for city centre businesses in Plymouth and elsewhere.
Chancellor Rishi Sunak moved swiftly to arrange for £4.6billion to be handed out in grants of between £4,000 and £9,000 to retail and hospitality businesses, with a further £594million going to local authorities to distribute to other firms that can’t access this help.
But Mr Hughes said that while welcome, this lifeline is not sufficient, and businesses need a long-term plan and continuation of VAT and business rates holidays, and, ultimately, a reform of the business rates system.
And he prays for an end to lockdowns so that an events programme to jump-start the city centre’s economy can proceed in 2021. He said: “The announcement of grant support, from the Chancellor, is very welcome, but is is a short-term fix and for many this will not be enough.
“For some businesses this will be very welcome, but for others £4,000 won’t get them through this. especially if they find that in April they have to pay rates again.
“This Government needs to set out a clear long-term plan so businesses know where they are, and this continual open-close-open-close lack of certainty is killing them. They need to extend (support) for the whole year, but ultimately the business rates system needs reform.”
How to contact William Telford and Business Live Business Live's South West Business Reporter is William Telford. He is based in Plymouth but covers the entire region. To contact William: Email: [email protected] Phone: 01752 293116 Mob: 07584 594052 Twitter: @WTelfordHerald LinkedIn: www.linkedin.com Facebook: www.facebook.com/william.telford.5473 William has more than a decade's experience reporting on the business scene in Plymouth and the South West. To sign up for Business Live's daily newsletters click here
Mr Hughes stressed that 15,000 jobs depend on the retail and hospitality sector in Plymouth’s city centre and waterfront and said: “That’s a huge part of Plymouth’s economy.
So he urged the public to support Plymouth businesses that can operate online or offer click-and-collect services or deliveries or takeaways, and use the Shop4Plymouth website too.
And he said that if they can survive Lockdown 3.0 then Plymouth could bounce back, with businesses – such as the recently arrived Hugo Boss and German Doner Kebab – keen to invest, and a programme of infrastructure improvements already under way.
And he hopes a programme of planned city centre events can still take place from Easter onwards “depending on health and safety advice”.
He said: “Once we can reopen I’m confident Plymouth city centre will be in a strong position and recover, with a huge programme of investment on the way and businesses still looking to invest in retail and hospitality outlets. I just sincerely hope this is the last lockdown.”
|
https://www.business-live.co.uk/retail-consumer/expect-retail-casualties-new-lockdown-19568626
|
en
| 2021-01-06T00:00:00 |
www.business-live.co.uk/287239d758b05e92e563d36ed947a2ed87edde54f080c8c84193ccf25c25f3a8.json
|
[
"Sign up to FREE email alerts from BusinessLive - South West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nSome city centre businesses including major national retail chains will not survive the latest lockdown, says the chief executive of Plymouth City Centre Company.\nSteve Hughes said businesses already teetering on the edge after months of uncertainty and two previous lockdowns may not outlive the latest restrictions.\nHe was speaking as stationery and greeting card chain Paperchase, which has a large outlet in Plymouth’s Drake Circus Shopping Centre, warned it was on the verge of collapsing into administration.\nAnd Mr Hughes said more could follow, although he said that if retailers can weather the current Covid-19 lockdown Plymouth’s city centre is well poised to bounce back.\n(Image: Penny Cross)\nBut there is an immediate problem from what Mr Hughes described as a “hammer blow” to retail and hospitality businesses. He said: “It’s too early to say how the latest lockdown will impact on businesses exactly, but undoubtedly some will not make it.\n“Without further help, big chains and independents are at threat, and particularly the hospitality sector, because Covid restrictions mean they can’t trade successfully.\n“So from the point of view of Plymouth city centre, then undoubtedly there will be more casualties. Some will be among the big chains which can no longer afford to have the overheads of bricks and mortar premises.”\nSince the coronavirus pandemic arrived in the UK Plymouth city centre has lost the likes of Brighthouse, Laura Ashley, Carphone Warehouse, Cath Kidston, Cafe Thorntons and Edinburgh Woollen Mill, with Debenhams and Peacocks staging closing down sales.\nPrime Minister Boris Johnson pitched England into further lockdown misery on January 4 as coronavirus cases threatened to overwhelm the NHS.\nAll non-essential retail must now stay closed and hospitality businesses can only offer takeaways, causing more problems for city centre businesses in Plymouth and elsewhere.\nChancellor Rishi Sunak moved swiftly to arrange for £4.6billion to be handed out in grants of between £4,000 and £9,000 to retail and hospitality businesses, with a further £594million going to local authorities to distribute to other firms that can’t access this help.\nBut Mr Hughes said that while welcome, this lifeline is not sufficient, and businesses need a long-term plan and continuation of VAT and business rates holidays, and, ultimately, a reform of the business rates system.\nAnd he prays for an end to lockdowns so that an events programme to jump-start the city centre’s economy can proceed in 2021. He said: “The announcement of grant support, from the Chancellor, is very welcome, but is is a short-term fix and for many this will not be enough.\n“For some businesses this will be very welcome, but for others £4,000 won’t get them through this. especially if they find that in April they have to pay rates again.\n“This Government needs to set out a clear long-term plan so businesses know where they are, and this continual open-close-open-close lack of certainty is killing them. They need to extend (support) for the whole year, but ultimately the business rates system needs reform.”\nHow to contact William Telford and Business Live Business Live's South West Business Reporter is William Telford. He is based in Plymouth but covers the entire region. To contact William: Email: [email protected] Phone: 01752 293116 Mob: 07584 594052 Twitter: @WTelfordHerald LinkedIn: www.linkedin.com Facebook: www.facebook.com/william.telford.5473 William has more than a decade's experience reporting on the business scene in Plymouth and the South West. To sign up for Business Live's daily newsletters click here\nMr Hughes stressed that 15,000 jobs depend on the retail and hospitality sector in Plymouth’s city centre and waterfront and said: “That’s a huge part of Plymouth’s economy.\nSo he urged the public to support Plymouth businesses that can operate online or offer click-and-collect services or deliveries or takeaways, and use the Shop4Plymouth website too.\nAnd he said that if they can survive Lockdown 3.0 then Plymouth could bounce back, with businesses – such as the recently arrived Hugo Boss and German Doner Kebab – keen to invest, and a programme of infrastructure improvements already under way.\nAnd he hopes a programme of planned city centre events can still take place from Easter onwards “depending on health and safety advice”.\nHe said: “Once we can reopen I’m confident Plymouth city centre will be in a strong position and recover, with a huge programme of investment on the way and businesses still looking to invest in retail and hospitality outlets. I just sincerely hope this is the last lockdown.”",
"Expect retail casualties from new lockdown says city centre chief",
"Plymouth City Centre Company CEO says some chains won't survive latest Covid closure but is confident city centre has a strong future"
] |
|
[
"Sion Barry"
] | 2021-01-25T11:04:11 | null | 2021-01-25T10:24:08 |
It has entered into a new 10-year lease with landlord Squarestone
|
https%3A%2F%2Fwww.business-live.co.uk%2Fcommercial-property%2Fcardiff-six-form-college-commits-19693418.json
|
en
| null |
Cardiff Sixth Form College commits to city centre location
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - Wales Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
Cardiff Sixth Form College has committed to its current location after agreeing a new 10-year lease.
Located at Trinity Court, in the centre of Cardiff, it has struck the tenancy deal with landlord and property investment fund Squarestone Growth LLP.
The new lease ensures the building remains fully let.
Squarestone Asset Management acquired the three office complex in January 2017 for £4.4m on behalf of Squarestone Growth LLP, a UK £250m regional office fund.
The offices had previously been let to Cardiff Sixth Form College, which has a strong record of seeing students taking up places at Oxford and Cambridge universities, on three separate leases of varying length. Shortly after acquisition the college was taken over by Dukes Education.
Squarestone is investing to connect all three former office blocks and create a new entrance for the college.
Squarestone founding partner Paul Coulter said: “When we first saw this office complex we were attracted by the immediate asset management opportunities of working with the college to restructure the asset to best suit their needs.
"We were also interested in the longer term future development potential of the site for other uses, due to the relatively low rise nature of the assets, especially when compared to neighbouring properties.
"We are delighted to have worked with Dukes Education to fulfil our medium term asset management strategy of restructuring a lease that works for our tenant whilst improving the asset for their needs today."
|
https://www.business-live.co.uk/commercial-property/cardiff-six-form-college-commits-19693418
|
en
| 2021-01-25T00:00:00 |
www.business-live.co.uk/d9fb56bf9b8a048aa92d382f37dbc5b48c7af89b41ba0965e4c04bf0cbeb5b46.json
|
[
"Sign up to FREE email alerts from BusinessLive - Wales Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nCardiff Sixth Form College has committed to its current location after agreeing a new 10-year lease.\nLocated at Trinity Court, in the centre of Cardiff, it has struck the tenancy deal with landlord and property investment fund Squarestone Growth LLP.\nThe new lease ensures the building remains fully let.\nSquarestone Asset Management acquired the three office complex in January 2017 for £4.4m on behalf of Squarestone Growth LLP, a UK £250m regional office fund.\nThe offices had previously been let to Cardiff Sixth Form College, which has a strong record of seeing students taking up places at Oxford and Cambridge universities, on three separate leases of varying length. Shortly after acquisition the college was taken over by Dukes Education.\nSquarestone is investing to connect all three former office blocks and create a new entrance for the college.\nSquarestone founding partner Paul Coulter said: “When we first saw this office complex we were attracted by the immediate asset management opportunities of working with the college to restructure the asset to best suit their needs.\n\"We were also interested in the longer term future development potential of the site for other uses, due to the relatively low rise nature of the assets, especially when compared to neighbouring properties.\n\"We are delighted to have worked with Dukes Education to fulfil our medium term asset management strategy of restructuring a lease that works for our tenant whilst improving the asset for their needs today.\"",
"Cardiff Sixth Form College commits to city centre location",
"It has entered into a new 10-year lease with landlord Squarestone"
] |
|
[
"Coreena Ford",
"Image",
"The Clinkard Group",
"University Of Leeds",
"Saggezza",
"Cascade Cash Management",
"Recognition Pr",
"Avison Young"
] | 2021-01-18T09:29:00 | null | 2021-01-18T09:10:17 |
Firms and organisations to announce promotions and new arrivals this week include the Clinkard Group, Newcastle University, Avison Young, Dynamo, Cascade Cash Management and Tier One Capital
|
https%3A%2F%2Fwww.business-live.co.uk%2Fprofessional-services%2Fpeople-move-key-north-east-19645253.json
|
en
| null |
People on the Move: key North East appointments unveiled by raft of businesses
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - North East Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
The Clinkard Group has appointed Tim Payne as managing director of Charles Clinkard – the first non-family member to run the shoe retailer since its launch almost 100 years ago.
Historically, the company has been managed by the Clinkard family with current group managing director Charles Clinkard being the third generation of the family to run the business.
Mr Payne started his career in retail as a distributor for Disney Store at its London head office, followed by seven years at Debenhams working in merchandising and joined the Clinkard Group – which was first launched in 1924 – in a senior role within supply chain 13 years ago. He progressed quickly to be appointed trading director in 2016.
He said: “To be given the opportunity to run the retail arm of the business as the first non-family member is a great reflection of how much confidence the family has in our team and also a source of great pride for me personally. It’s a very interesting time to take on the responsibility of running a retailer; I started as managing director with all our stores closed, and after a month in the role they’re now all closed again. There’s nothing quite like an unparalleled challenge to start with.”
(Image: University of Leeds)
Prof Tom Ward has been appointed as the new Pro-Vice-Chancellor Education at Newcastle University.
A professor of mathematics, Professor Ward is coming to Tyneside to take up the post in May, after being former deputy vice-ehancellor: student education at University of Leeds. Prof Ward, who led the education strategy at Leeds, Durham, and UEA universities, is a mathematician specialising in ergodic theory and number theory.
Prof Ward said: “I look forward to joining Newcastle University and contributing to the fantastic work it does for students and for the city and region.”
Professor Chris Day, vice-chancellor and president at Newcastle University, said: “I am delighted we have appointed someone with Professor Ward’s level of experience and strong track record of working with the student body. This has become increasingly important as colleagues and students work closely together to overcome the various challenges posed by the Covid-19 pandemic.”
(Image: Saggezza)
Saggezza’s operations director has joined the board of Dynamo, the group spearheading the development of the North East tech sector.
Rob Gwyther, who joined Saggezza last July, will sit alongside some of the leading lights in digital and tech, helping to steer an effort to attract more businesses and talent to the region and nurture the development of companies operating in the field in the North East.
Mr Gwyther, who has worked in senior IT and technology roles for more than 15 years, said: “My background in consulting, working with a broad range of clients, means I can bring a different perspective to the board and I am really excited to be able to represent such an innovative, agile business that I know can be a real driving force in the growth of the North East tech sector.
“Dynamo is a real force for good, with many of the organisations we work with and partner with represented on it. It’s fantastic to be able to support the development of this vital sector in the North East with a group of people and organisations that are so passionate about the same collective ambition.”
(Image: Cascade Cash Management)
Cascade Cash Management has appointed Jane Gray as executive assistant and office manager.
Ms Gray joins the Cascade team with more than 20 years of experience within executive assistant and office manager roles within a range of industries. She will support managing director Emma Black, along with the senior leadership team.
Cascade Cash Management is an independent and transparent service created to generate enhanced cash returns and increase protection on deposits through professional cash management.
Ms Gray said: “I am delighted to join the Cascade team at this exciting time of growth for the business. The calibre and depth of the experience of the team brings a truly exciting opportunity and I am very much looking forward to being part of the continued success and expansion of the business.”
(Image: Recognition PR)
Newcastle based wealth management and property lending specialists Tier One Capital (Tier One) has appointed experienced consultant Martin Stout to support its new North East business development strategy.
He said: “I’m delighted to take this opportunity to join Tier One. The financial services and property development sectors in the North East are evolving rapidly and this is a great opportunity for me to embrace a new environment with a highly professional, driven and successful team.
“Tier One’s reputation across the North East as wealth management experts and property lending specialists is growing fast and I’m looking forward to building new relationships and creating further awareness of the experienced team and the products and services they provide to their target markets.”
Chief Executive of Tier One, Ian McElroy, said, “Martin’s profile, credentials, people skills, relationship building experience and track record driving revenue and client growth is exactly what we are looking for at this stage in our business development.”
(Image: Avison Young)
Avison Young has made two further senior appointments in its building and real estate management teams in Newcastle.
Sam Gilbert joins from Faithful and Gould, bringing a wealth of project management and employer’s agent experience within the hospitality, education and health sectors. He will be involved with all aspects of project management on major development projects throughout the region and beyond.
(Image: Avison Young)
Emily Armstrong joins Avison Young from Naylors Gavin Black bringing property management, asset management and landlord and tenant experience within the North East commercial property sector. She will be involved with property management for major instructions including Taras Properties’ East Pilgrim Street scheme as well as retail and industrial portfolios.
She said: “I’m really excited to join Avison Young, I am looking forward to the varied challenges and opportunities that lie ahead and to be able to both use and grow my expertise with Avison Young.”
|
https://www.business-live.co.uk/professional-services/people-move-key-north-east-19645253
|
en
| 2021-01-18T00:00:00 |
www.business-live.co.uk/404ac7babac80dae350b1f3842190701267d2f00fb000acf830854e2dcb91f9e.json
|
[
"Sign up to FREE email alerts from BusinessLive - North East Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nThe Clinkard Group has appointed Tim Payne as managing director of Charles Clinkard – the first non-family member to run the shoe retailer since its launch almost 100 years ago.\nHistorically, the company has been managed by the Clinkard family with current group managing director Charles Clinkard being the third generation of the family to run the business.\nMr Payne started his career in retail as a distributor for Disney Store at its London head office, followed by seven years at Debenhams working in merchandising and joined the Clinkard Group – which was first launched in 1924 – in a senior role within supply chain 13 years ago. He progressed quickly to be appointed trading director in 2016.\nHe said: “To be given the opportunity to run the retail arm of the business as the first non-family member is a great reflection of how much confidence the family has in our team and also a source of great pride for me personally. It’s a very interesting time to take on the responsibility of running a retailer; I started as managing director with all our stores closed, and after a month in the role they’re now all closed again. There’s nothing quite like an unparalleled challenge to start with.”\n(Image: University of Leeds)\nProf Tom Ward has been appointed as the new Pro-Vice-Chancellor Education at Newcastle University.\nA professor of mathematics, Professor Ward is coming to Tyneside to take up the post in May, after being former deputy vice-ehancellor: student education at University of Leeds. Prof Ward, who led the education strategy at Leeds, Durham, and UEA universities, is a mathematician specialising in ergodic theory and number theory.\nProf Ward said: “I look forward to joining Newcastle University and contributing to the fantastic work it does for students and for the city and region.”\nProfessor Chris Day, vice-chancellor and president at Newcastle University, said: “I am delighted we have appointed someone with Professor Ward’s level of experience and strong track record of working with the student body. This has become increasingly important as colleagues and students work closely together to overcome the various challenges posed by the Covid-19 pandemic.”\n(Image: Saggezza)\nSaggezza’s operations director has joined the board of Dynamo, the group spearheading the development of the North East tech sector.\nRob Gwyther, who joined Saggezza last July, will sit alongside some of the leading lights in digital and tech, helping to steer an effort to attract more businesses and talent to the region and nurture the development of companies operating in the field in the North East.\nMr Gwyther, who has worked in senior IT and technology roles for more than 15 years, said: “My background in consulting, working with a broad range of clients, means I can bring a different perspective to the board and I am really excited to be able to represent such an innovative, agile business that I know can be a real driving force in the growth of the North East tech sector.\n“Dynamo is a real force for good, with many of the organisations we work with and partner with represented on it. It’s fantastic to be able to support the development of this vital sector in the North East with a group of people and organisations that are so passionate about the same collective ambition.”\n(Image: Cascade Cash Management)\nCascade Cash Management has appointed Jane Gray as executive assistant and office manager.\nMs Gray joins the Cascade team with more than 20 years of experience within executive assistant and office manager roles within a range of industries. She will support managing director Emma Black, along with the senior leadership team.\nCascade Cash Management is an independent and transparent service created to generate enhanced cash returns and increase protection on deposits through professional cash management.\nMs Gray said: “I am delighted to join the Cascade team at this exciting time of growth for the business. The calibre and depth of the experience of the team brings a truly exciting opportunity and I am very much looking forward to being part of the continued success and expansion of the business.”\n(Image: Recognition PR)\nNewcastle based wealth management and property lending specialists Tier One Capital (Tier One) has appointed experienced consultant Martin Stout to support its new North East business development strategy.\nHe said: “I’m delighted to take this opportunity to join Tier One. The financial services and property development sectors in the North East are evolving rapidly and this is a great opportunity for me to embrace a new environment with a highly professional, driven and successful team.\n“Tier One’s reputation across the North East as wealth management experts and property lending specialists is growing fast and I’m looking forward to building new relationships and creating further awareness of the experienced team and the products and services they provide to their target markets.”\nChief Executive of Tier One, Ian McElroy, said, “Martin’s profile, credentials, people skills, relationship building experience and track record driving revenue and client growth is exactly what we are looking for at this stage in our business development.”\n(Image: Avison Young)\nAvison Young has made two further senior appointments in its building and real estate management teams in Newcastle.\nSam Gilbert joins from Faithful and Gould, bringing a wealth of project management and employer’s agent experience within the hospitality, education and health sectors. He will be involved with all aspects of project management on major development projects throughout the region and beyond.\n(Image: Avison Young)\nEmily Armstrong joins Avison Young from Naylors Gavin Black bringing property management, asset management and landlord and tenant experience within the North East commercial property sector. She will be involved with property management for major instructions including Taras Properties’ East Pilgrim Street scheme as well as retail and industrial portfolios.\nShe said: “I’m really excited to join Avison Young, I am looking forward to the varied challenges and opportunities that lie ahead and to be able to both use and grow my expertise with Avison Young.”",
"People on the Move: key North East appointments unveiled by raft of businesses",
"Firms and organisations to announce promotions and new arrivals this week include the Clinkard Group, Newcastle University, Avison Young, Dynamo, Cascade Cash Management and Tier One Capital"
] |
|
[
"Jonathon Manning",
"Image",
"Handout"
] | 2021-01-05T13:45:55 | null | 2021-01-05T13:17:36 |
The Northumberland firm used its accounts to outline some of the impacts of the coronavirus pandemic on its operations
|
https%3A%2F%2Fwww.business-live.co.uk%2Fenterprise%2Fdemolition-firm-thompsons-prudhoe-pleased-19566279.json
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en
| null |
Demolition firm Thompsons of Prudhoe 'pleased' despite drop in profits and turnover
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - North East Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
Demolition firm Thompsons of Prudhoe saw its turnover drop by more than £7m last year and has outlined how it has been impacted by the coronavirus pandemic.
Turnover at the company - which carries out a range of activities including demolition, earthmoving, waste management and recycling - fell by 15% to £40.2m for the year ending March 31 2020.
Operating profit also fell during the period, from £3.7m to £2.5m.
Despite the drop in both profits and turnover, the company’s senior management team said it was “content with the continued progress” the company had achieved.
John Thompson Jnr, the company’s CEO, said: “The financial accounts for 2019/2020 are in line with the forecasted business plan for the year. This demonstrates another strong and positive performance during the 12 month period. The board of directors are pleased with the performance of the organisation and looking forward in these very difficult times to another successful year ahead.
“The pandemic has and is having an effect on the way we operate and deliver our services. However, despite these difficult and challenging times Thompsons of Prudhoe are able to operate safely, efficiently and effectively and will continue to do so in 2021.”
With the company’s year end coming to a close in March 2020, the financial report does not cover the majority of the year that was hit by the coronavirus pandemic. However, the group did make note of the crisis in its results, pointing out that it was forced to make use of the Government’s furlough scheme.
Commenting on the pandemic in its accounts, the company said: “Immediately prior to the year end companies around the world felt the impact of the Covid-19 global pandemic and the UK Government imposed lockdown arrangements on March 23 2020.
Sign up for your daily BusinessLive North East newsletter You can get all the day's business news from the North East sent to your email inbox each morning. By signing up here, we will deliver the headlines from companies in Tyne and Wear, Northumberland, County Durham and Teesside straight to your email inbox every morning. Our specialist team of business writers will bring you stories from a range of sectors, reporting on companies large and small.
“The safety of our customers and employees is the utmost importance and it has continued with modified arrangements in place during the course of the pandemic, as advised by central government. The group continued throughout this period, with these arrangements in place, following advice from government in the sector.
“The group has taken advantage of the job retention scheme by placing a number of employees on furlough throughout lockdown, however all employees have now returned to the business. It remains in a strong financial position, with significant undrawn financial resources at its disposal, which is testament to the commitment and professionalism of its employees during the period. Trading has now returned to budgeted levels.”
Thompsons of Prudhoe is supported by a bank overdraft facility but at the year end the company was not using the borrowing. It also had a cash balance of £3.7m, although this was down on the previous year’s holding of £4.2m.
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https://www.business-live.co.uk/enterprise/demolition-firm-thompsons-prudhoe-pleased-19566279
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en
| 2021-01-05T00:00:00 |
www.business-live.co.uk/0d74c88bc9cab7b55e7a1d46b37b46e5d3ce7c778719a42bf3d45fb1593e8c76.json
|
[
"Sign up to FREE email alerts from BusinessLive - North East Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nDemolition firm Thompsons of Prudhoe saw its turnover drop by more than £7m last year and has outlined how it has been impacted by the coronavirus pandemic.\nTurnover at the company - which carries out a range of activities including demolition, earthmoving, waste management and recycling - fell by 15% to £40.2m for the year ending March 31 2020.\nOperating profit also fell during the period, from £3.7m to £2.5m.\nDespite the drop in both profits and turnover, the company’s senior management team said it was “content with the continued progress” the company had achieved.\nJohn Thompson Jnr, the company’s CEO, said: “The financial accounts for 2019/2020 are in line with the forecasted business plan for the year. This demonstrates another strong and positive performance during the 12 month period. The board of directors are pleased with the performance of the organisation and looking forward in these very difficult times to another successful year ahead.\n“The pandemic has and is having an effect on the way we operate and deliver our services. However, despite these difficult and challenging times Thompsons of Prudhoe are able to operate safely, efficiently and effectively and will continue to do so in 2021.”\nWith the company’s year end coming to a close in March 2020, the financial report does not cover the majority of the year that was hit by the coronavirus pandemic. However, the group did make note of the crisis in its results, pointing out that it was forced to make use of the Government’s furlough scheme.\nCommenting on the pandemic in its accounts, the company said: “Immediately prior to the year end companies around the world felt the impact of the Covid-19 global pandemic and the UK Government imposed lockdown arrangements on March 23 2020.\nSign up for your daily BusinessLive North East newsletter You can get all the day's business news from the North East sent to your email inbox each morning. By signing up here, we will deliver the headlines from companies in Tyne and Wear, Northumberland, County Durham and Teesside straight to your email inbox every morning. Our specialist team of business writers will bring you stories from a range of sectors, reporting on companies large and small.\n“The safety of our customers and employees is the utmost importance and it has continued with modified arrangements in place during the course of the pandemic, as advised by central government. The group continued throughout this period, with these arrangements in place, following advice from government in the sector.\n“The group has taken advantage of the job retention scheme by placing a number of employees on furlough throughout lockdown, however all employees have now returned to the business. It remains in a strong financial position, with significant undrawn financial resources at its disposal, which is testament to the commitment and professionalism of its employees during the period. Trading has now returned to budgeted levels.”\nThompsons of Prudhoe is supported by a bank overdraft facility but at the year end the company was not using the borrowing. It also had a cash balance of £3.7m, although this was down on the previous year’s holding of £4.2m.",
"Demolition firm Thompsons of Prudhoe 'pleased' despite drop in profits and turnover",
"The Northumberland firm used its accounts to outline some of the impacts of the coronavirus pandemic on its operations"
] |
|
[
"Tom Houghton"
] | 2021-01-05T12:53:27 | null | 2021-01-05T12:04:32 |
Administrators said the new bid would 'effectively relegate the club'
|
https%3A%2F%2Fwww.business-live.co.uk%2Fleads-deals%2Fwigan-athletics-spanish-takeover-after-19565524.json
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en
| null |
Wigan Athletic's Spanish takeover is off after bidder 'reduces offer by almost 50%'
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - North West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
The proposed takeover of Wigan Athletic by a Spanish bidder looks to be off after the bid was reportedly lowered at the 11th hour by "almost 50%".
On Tuesday, joint administrators for the League One club issued a statement to say they had broken off negotiations with the individual, despite a sale contract having been agreed before Christmas.
A statement from the administrators said a new letter was received this weekend from the bidder - reducing the amount by almost 50%.
According to Begbies Traynor, that would mean the club would be unable to pay non-football creditors the required 25p in the pound to avoid further sanctions, resulting in a 15-point deduction - effectively relegating them to League Two.
A spokesman for Begbies Traynor said: "The purchaser was insistent on offering the reduced price but was not prepared to conclude the deal unless the 15 point deduction was waived.
"Under the EFL insolvency policy, this is not possible and the deal is therefore unable to be concluded.
"We have informed the EFL and are now starting to talk to other bidders who have expressed interest and will provide an update when there is any definite news."
According to Begbies Traynor, on Christmas Eve, the bidder said they wanted to complete the deal "immediately" and had wired money from Spain to their UK solicitors.
Sign up for your free BusinessLive North West newsletter BusinessLive is your home for business news from around the North West- and you can stay in touch with all the latest news from Greater Manchester, Liverpool City Region, Cheshire, Lancashire and Cumbria through our email alerts. You can sign up to receive daily morning news bulletins from every region we cover and to weekly email bulletins covering key economic sectors from manufacturing to technology and enterprise. And we'll send out breaking news alerts for any stories we think you can't miss. By bringing together North West coverage with that from across Reach’s titles in England and Wales, BusinessLive will shine a spotlight on the entrepreneurs, the stars of the future and the small firms that are the backbone of our economy. Visit our email preference centre to sign up to all the latest news from BusinessLive.
The firm said the sale contract had been agreed and documentation was signed for the leases with the council for the DW Stadium, and local college for the training ground - with completion planned to take place in between Christmas and New Year.
The League One club fell into administration last year after falling into financial difficulties.
The saga over the sale raged on and on, with the initial offer from the Spanish bidder having been received back in September.
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https://www.business-live.co.uk/leads-deals/wigan-athletics-spanish-takeover-after-19565524
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en
| 2021-01-05T00:00:00 |
www.business-live.co.uk/efc6da3560a7b8d5542cae54e262588d2c005086c5debc1ce248ebd7f2e2c66c.json
|
[
"Sign up to FREE email alerts from BusinessLive - North West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nThe proposed takeover of Wigan Athletic by a Spanish bidder looks to be off after the bid was reportedly lowered at the 11th hour by \"almost 50%\".\nOn Tuesday, joint administrators for the League One club issued a statement to say they had broken off negotiations with the individual, despite a sale contract having been agreed before Christmas.\nA statement from the administrators said a new letter was received this weekend from the bidder - reducing the amount by almost 50%.\nAccording to Begbies Traynor, that would mean the club would be unable to pay non-football creditors the required 25p in the pound to avoid further sanctions, resulting in a 15-point deduction - effectively relegating them to League Two.\nA spokesman for Begbies Traynor said: \"The purchaser was insistent on offering the reduced price but was not prepared to conclude the deal unless the 15 point deduction was waived.\n\"Under the EFL insolvency policy, this is not possible and the deal is therefore unable to be concluded.\n\"We have informed the EFL and are now starting to talk to other bidders who have expressed interest and will provide an update when there is any definite news.\"\nAccording to Begbies Traynor, on Christmas Eve, the bidder said they wanted to complete the deal \"immediately\" and had wired money from Spain to their UK solicitors.\nSign up for your free BusinessLive North West newsletter BusinessLive is your home for business news from around the North West- and you can stay in touch with all the latest news from Greater Manchester, Liverpool City Region, Cheshire, Lancashire and Cumbria through our email alerts. You can sign up to receive daily morning news bulletins from every region we cover and to weekly email bulletins covering key economic sectors from manufacturing to technology and enterprise. And we'll send out breaking news alerts for any stories we think you can't miss. By bringing together North West coverage with that from across Reach’s titles in England and Wales, BusinessLive will shine a spotlight on the entrepreneurs, the stars of the future and the small firms that are the backbone of our economy. Visit our email preference centre to sign up to all the latest news from BusinessLive.\nThe firm said the sale contract had been agreed and documentation was signed for the leases with the council for the DW Stadium, and local college for the training ground - with completion planned to take place in between Christmas and New Year.\nThe League One club fell into administration last year after falling into financial difficulties.\nThe saga over the sale raged on and on, with the initial offer from the Spanish bidder having been received back in September.",
"Wigan Athletic's Spanish takeover is off after bidder 'reduces offer by almost 50%'",
"Administrators said the new bid would 'effectively relegate the club'"
] |
|
[
"David Laister",
"Image",
"Shared Agenda",
"Jaharland"
] | 2021-01-20T01:05:58 | null | 2021-01-20T00:01:00 |
Jo Barnes takes on £33m turnover property and development operations
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https%3A%2F%2Fwww.business-live.co.uk%2Fcommercial-property%2Fsewell-group-appoints-new-managing-19657271.json
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Sewell Group appoints 'new' managing director to head up property-focused businesses
| null | null |
www.business-live.co.uk
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Sign up to FREE email alerts from BusinessLive - Yorkshire & Humber Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
Hull-headquartered Sewell Group has appointed a new managing director for the property focused business divisions, as the founder paves the way for the next generation to lead.
Jo Barnes, who has headed up the Citycare and Shared Agenda business units, takes on the role at the helm of Sewell Estates, which includes Sewell Investments, Sewell Construction, Sewell Facilities Management, West Yorkshire contractor Illingworth and Gregory and Shared Agenda.
She will work with Simon Davison, group finance director, and the business unit managing directors on the £33 million turnover operations.
Jo said: “I’m privileged to work with such a talented, creative and hard-working group of people and I’m really excited to contribute all I can to the next phase in our Sewell journey.”
She has 26 years’ experience working in property development and regeneration across the North of England and Scotland.
Jo joined the Geneva Way team in 2008, initially as chief executive of Citycare. In 2012 she established Shared Agenda, a specialist estates consultancy that delivers services across the UK.
A chartered IoD Director, Jo also represents Sewell on various company boards, including the education and regeneration vehicle Hull Esteem, and the joint venture behind the £200 million Yorkshire Energy Park development, Hull Eco Park Ltd.
She will continue in her role as MD of Shared Agenda, while leading the collaborative effort of the Sewell Estates businesses.
(Image: jaharland)
Paul Sewell, chair of Sewell Group, said that for some time, he has intentionally been less involved in the day to day business operations, allowing the next generation of business leaders to flourish and shape the Sewell Estates of the future.
“This is the natural next step,” he said. “Over the past few years our senior team has demonstrated that, even in the toughest of times, our Estates businesses are robust, well led, and filled with talented people who live the Sewell behaviours.
“Over the past decade Jo has grown our public private partnership Citycare and created its hugely successful sister company Shared Agenda. In doing so, she has proven herself to be an outstanding business leader.
“I am delighted that she will now become our Estates managing director who will coordinate our businesses in investment, construction and facilities management and work with their leaders to take us to the next level.”
Mr Sewell, who released his autobiography during the pandemic, will continue to represent the business, champion its culture and people, while supporting grassroots entrepreneurs and charitable causes, as he has done for many years.
Retail arm Sewell On The Go, the 13-outlet fuel and convenience store brand, is also part of the group, and headed by Patrick Sewell.
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https://www.business-live.co.uk/commercial-property/sewell-group-appoints-new-managing-19657271
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en
| 2021-01-20T00:00:00 |
www.business-live.co.uk/f2a65c454b10d8c2e04768def543eccb90565926ebb9b169ce6d5784d7ec66ba.json
|
[
"Sign up to FREE email alerts from BusinessLive - Yorkshire & Humber Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nHull-headquartered Sewell Group has appointed a new managing director for the property focused business divisions, as the founder paves the way for the next generation to lead.\nJo Barnes, who has headed up the Citycare and Shared Agenda business units, takes on the role at the helm of Sewell Estates, which includes Sewell Investments, Sewell Construction, Sewell Facilities Management, West Yorkshire contractor Illingworth and Gregory and Shared Agenda.\nShe will work with Simon Davison, group finance director, and the business unit managing directors on the £33 million turnover operations.\nJo said: “I’m privileged to work with such a talented, creative and hard-working group of people and I’m really excited to contribute all I can to the next phase in our Sewell journey.”\nShe has 26 years’ experience working in property development and regeneration across the North of England and Scotland.\nJo joined the Geneva Way team in 2008, initially as chief executive of Citycare. In 2012 she established Shared Agenda, a specialist estates consultancy that delivers services across the UK.\nA chartered IoD Director, Jo also represents Sewell on various company boards, including the education and regeneration vehicle Hull Esteem, and the joint venture behind the £200 million Yorkshire Energy Park development, Hull Eco Park Ltd.\nShe will continue in her role as MD of Shared Agenda, while leading the collaborative effort of the Sewell Estates businesses.\n(Image: jaharland)\nPaul Sewell, chair of Sewell Group, said that for some time, he has intentionally been less involved in the day to day business operations, allowing the next generation of business leaders to flourish and shape the Sewell Estates of the future.\n“This is the natural next step,” he said. “Over the past few years our senior team has demonstrated that, even in the toughest of times, our Estates businesses are robust, well led, and filled with talented people who live the Sewell behaviours.\n“Over the past decade Jo has grown our public private partnership Citycare and created its hugely successful sister company Shared Agenda. In doing so, she has proven herself to be an outstanding business leader.\n“I am delighted that she will now become our Estates managing director who will coordinate our businesses in investment, construction and facilities management and work with their leaders to take us to the next level.”\nMr Sewell, who released his autobiography during the pandemic, will continue to represent the business, champion its culture and people, while supporting grassroots entrepreneurs and charitable causes, as he has done for many years.\nRetail arm Sewell On The Go, the 13-outlet fuel and convenience store brand, is also part of the group, and headed by Patrick Sewell.",
"Sewell Group appoints 'new' managing director to head up property-focused businesses",
"Jo Barnes takes on £33m turnover property and development operations"
] |
|
[
"William Telford",
"Image",
"Pippa Fowles No Downing Street"
] | 2021-01-19T14:25:52 | null | 2021-01-19T13:39:48 |
Unite wants Boris Johnson's Tory administration to use world leaders' powwow as catalyst to boost Duchy's Covid-hit economy
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en
| null |
Union calls on Government to use G7 summit to revive Cornish economy
| null | null |
www.business-live.co.uk
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Sign up to FREE email alerts from BusinessLive - South West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
The G7 summit in Cornwall should be a springboard for an economic blueprint to revive the county, a major union has said.
Unite said Cornwall, with 17 of the most deprived wards in the country, has suffered “years of neglect” by central Government. It said the Duchy had been badly affected by the lack of Government support for the coronavirus-hit tourist economy and the shortfall in funding for local government.
Unite said the G7 summit of the leaders of the world’s top economies at the scenic Carbis Bay, in June, represents “a unique opportunity” to develop an economic template for the county’s development.
Since the pandemic started, Unite has highlighted a roll-call of job losses that have included those at Cornwall Council, Cornwall Airport, St Austell Brewery, the Eden Project and PALL Aerospace.
Unite regional officer Deborah Hopkins said: “The news that the G7 summit is going to be held at Carbis Bay is very welcome, after a dreadful year for the Cornish economy when the pandemic shortened the vital holiday season.
“Already Cornwall Airport is excited as it will provide the aviation logistics for the summit, and our hardworking members at the airport are celebrating at the announcement and keen to get going as soon as possible. Visit Cornwall has estimated that it will generate £50 million.
“But the summit should not be seen as a ‘one-off’ event after the world leaders and their entourages depart, instead it must be used as a springboard for an economic blueprint for the next decade.
“The Government’s support schemes are not generous enough for businesses to survive until the restrictions are eased and woefully inadequate for many people forced to survive on statutory sick pay of £95.85-a-week. Many employers are telling already lowly paid workers to take unpaid leave.
What is the G7? The Group of Seven, or G7, is an organisation made up of the world's seven largest advanced economies: Canada, France, Germany, Italy, Japan, the United Kingdom and the United States. The heads of government of the member states, as well as the representatives of the European Union, meet at the annual G7 Summit. UK PM Boris Johnson is pictured at the 2019 summit in Biarritz, France. As of 2018, the G7 represents 58% of the global net wealth (US$317 trillion), more than 46% of the global GDP based on nominal values, and more than 32% of the global GDP based on purchasing power parity. The seven countries involved are also the largest IMF-advanced economies in the world. The group regards itself as "a community of values", with freedom and human rights, democracy and the rule of law, and prosperity and sustainable development as its key principles. It was known as the G8 until 2014, when Russia left following its activities in Crimea. How to contact William Telford and Business Live Business Live's South West Business Reporter is William Telford. He is based in Plymouth but covers the entire region. To contact William: Email: [email protected] Phone: 01752 293116 Mob: 07584 594052 Twitter: @WTelfordHerald LinkedIn: www.linkedin.com Facebook: www.facebook.com/william.telford.5473 William has more than a decade's experience reporting on the business scene in Plymouth and the South West. To sign up for Business Live's daily newsletters click here
“However, the G7 presents a unique opportunity to focus on Cornwall’s future and what it means for our young people seeking work and an affordable place to live, given the plethora of expensive second homes.”
She added: “For too long, Cornwall has been regarded as a backwater by ministers and policymakers - a key example of this neglect is Whitehall’s failure to pay for the costs incurred by Covid-19, leaving the council with a £40million deficit to fund statutory services.
“We started the pandemic with 17 of the most deprived wards in the country and the working people of Cornwall continue to suffer poverty, hunger and overwhelming anxiety in terms of job security and income generation.
“We are fighting to protect our members, who face the loss of jobs, as the pandemic still ravages our key sectors, particularly in food and drink, and hospitality that are the lifeblood of Cornwall’s economy.”
In October, Unite accused Cornwall’s six Conservative MPs, including environment secretary George Eustice, of “failing to go in to bat” for the county.
|
https://www.business-live.co.uk/economic-development/union-calls-government-use-g7-19655664
|
en
| 2021-01-19T00:00:00 |
www.business-live.co.uk/40415015246156ba33310710eef0b9ad0f1ed5b1129cb03caf32cfda5e27ce99.json
|
[
"Sign up to FREE email alerts from BusinessLive - South West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nThe G7 summit in Cornwall should be a springboard for an economic blueprint to revive the county, a major union has said.\nUnite said Cornwall, with 17 of the most deprived wards in the country, has suffered “years of neglect” by central Government. It said the Duchy had been badly affected by the lack of Government support for the coronavirus-hit tourist economy and the shortfall in funding for local government.\nUnite said the G7 summit of the leaders of the world’s top economies at the scenic Carbis Bay, in June, represents “a unique opportunity” to develop an economic template for the county’s development.\nSince the pandemic started, Unite has highlighted a roll-call of job losses that have included those at Cornwall Council, Cornwall Airport, St Austell Brewery, the Eden Project and PALL Aerospace.\nUnite regional officer Deborah Hopkins said: “The news that the G7 summit is going to be held at Carbis Bay is very welcome, after a dreadful year for the Cornish economy when the pandemic shortened the vital holiday season.\n“Already Cornwall Airport is excited as it will provide the aviation logistics for the summit, and our hardworking members at the airport are celebrating at the announcement and keen to get going as soon as possible. Visit Cornwall has estimated that it will generate £50 million.\n“But the summit should not be seen as a ‘one-off’ event after the world leaders and their entourages depart, instead it must be used as a springboard for an economic blueprint for the next decade.\n“The Government’s support schemes are not generous enough for businesses to survive until the restrictions are eased and woefully inadequate for many people forced to survive on statutory sick pay of £95.85-a-week. Many employers are telling already lowly paid workers to take unpaid leave.\nWhat is the G7? The Group of Seven, or G7, is an organisation made up of the world's seven largest advanced economies: Canada, France, Germany, Italy, Japan, the United Kingdom and the United States. The heads of government of the member states, as well as the representatives of the European Union, meet at the annual G7 Summit. UK PM Boris Johnson is pictured at the 2019 summit in Biarritz, France. As of 2018, the G7 represents 58% of the global net wealth (US$317 trillion), more than 46% of the global GDP based on nominal values, and more than 32% of the global GDP based on purchasing power parity. The seven countries involved are also the largest IMF-advanced economies in the world. The group regards itself as \"a community of values\", with freedom and human rights, democracy and the rule of law, and prosperity and sustainable development as its key principles. It was known as the G8 until 2014, when Russia left following its activities in Crimea. How to contact William Telford and Business Live Business Live's South West Business Reporter is William Telford. He is based in Plymouth but covers the entire region. To contact William: Email: [email protected] Phone: 01752 293116 Mob: 07584 594052 Twitter: @WTelfordHerald LinkedIn: www.linkedin.com Facebook: www.facebook.com/william.telford.5473 William has more than a decade's experience reporting on the business scene in Plymouth and the South West. To sign up for Business Live's daily newsletters click here\n“However, the G7 presents a unique opportunity to focus on Cornwall’s future and what it means for our young people seeking work and an affordable place to live, given the plethora of expensive second homes.”\nShe added: “For too long, Cornwall has been regarded as a backwater by ministers and policymakers - a key example of this neglect is Whitehall’s failure to pay for the costs incurred by Covid-19, leaving the council with a £40million deficit to fund statutory services.\n“We started the pandemic with 17 of the most deprived wards in the country and the working people of Cornwall continue to suffer poverty, hunger and overwhelming anxiety in terms of job security and income generation.\n“We are fighting to protect our members, who face the loss of jobs, as the pandemic still ravages our key sectors, particularly in food and drink, and hospitality that are the lifeblood of Cornwall’s economy.”\nIn October, Unite accused Cornwall’s six Conservative MPs, including environment secretary George Eustice, of “failing to go in to bat” for the county.",
"Union calls on Government to use G7 summit to revive Cornish economy",
"Unite wants Boris Johnson's Tory administration to use world leaders' powwow as catalyst to boost Duchy's Covid-hit economy"
] |
|
[
"Tamlyn Jones"
] | 2021-01-06T04:13:51 | null | 2021-01-06T03:00:00 |
Chancellor's new funding package welcomed but more needs to be done, say chief in the region
|
https%3A%2F%2Fwww.business-live.co.uk%2Fenterprise%2Fgovernments-covid-support-plainly-insufficient-19569067.json
|
en
| null |
Government's covid support 'plainly insufficient' - West Midlands business leaders react to latest lockdown
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - West Midlands Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
Business leaders in the West Midlands have been reacting to the Government's latest coronavirus lockdown and the Chancellor's package of financial measures aimed at easing some of the hurt caused by the restrictions.
Rishi Sunak has announced £4.6 billion of lockdown finance which will see retail, hospitality and leisure businesses receive up to £9,000 in one-off grants.
There is also a £594 million discretionary fund for other businesses that might be affected, an additional £1.1 billion in grant funding for local councils and local restriction support grants worth up to £3,000 a month.
It was announced before Christmas that the job retention scheme, known as furlough, has been extended until the end of April.
This new funding coincides with Prime Minister Boris Johnson plunging England into a third lockdown, with only essential retail allowed to open alongside 'key' services such as vehicle repairs, petrol stations and childcare while schools are staying open for the children of key workers.
Mike Cherry, who is national chairman of the Federation of Small Businesses and director of Staffordshire timber merchant WH Mason & Son, branded the current level of business support as "plainly insufficient".
He said: "While there is an overarching need to protect public health and bring coronavirus under control, this is disheartening news for small businesses and a blow to an economy that's already on its knees.
"Restrictions have been a harsh reality for almost a year and this is anything but a fresh start to 2021.
"The news of a new tougher lockdown will cause widespread business failure and job loss unless support is provided on an equal scale to these unprecedented curbs on economic freedom.
"Current business support is plainly insufficient. There must now be a step change in support to equal the compensation offered during the first lockdown.
"The level of government grants is off the mark by an order of magnitude and has not kept the pace with events."
Want more business news straight to your inbox? BusinessLive is your home for business news from around the country - and you can stay in touch with all the latest news through our email alerts. You can sign up to receive daily morning news bulletins from every region we cover and to weekly email bulletins covering key economic sectors from manufacturing to technology and enterprise. And we'll send out breaking news alerts for any stories we think you can't miss. Visit our email preference centre to sign up to all the latest news from BusinessLive.
Henrietta Brealey, director of policy and strategic relationships at Greater Birmingham Chambers of Commerce, said businesses in the city region had had to operate under five different levels of restrictions over the past ten weeks alone.
"These latest measures broadly mirror those in March. Consequently, it is only right businesses receive support at least equivalent to that received at the time - particularly as many are in a far worse state financially now after nine months of limited to no income," she said.
"This includes enhancing grant support and better targeting it to the most impacted businesses, addressing gaps in covid support, removing requirements to pay national insurance and pension contributions for furloughed staff for closed businesses and bringing forward further rounds of VAT deferrals.
"We will continue to urge the Prime Minister and Chancellor to 'Back Our Businesses' with the above as well as giving businesses greater headroom to plan by extending VAT reliefs and targeted business rates relief into next financial year alongside other key measures."
Tony Hague is chief executive of PP Control & Automation, a Walsall-based manufacturing group which supplies machinery builders worldwide.
"Like the last lockdown, many manufacturers will remain open and, in our specific case, we are providing critical outsourcing, assembly and manufacturing services for key clients involved markets such as medical, food processing and packaging, and specific projects in relation to covid-19," he said.
"My only concern is that, if demand dips in certain sectors, some companies may take the decision - based on costs - that it is more effective to furlough staff and close the doors rather than look to operate at a reduced capacity.
"Now, once again, is the time for UK manufacturers to be bold, brave and innovative and seize the opportunities, however challenging the landscape may be."
The Chancellor's measures were welcomed by Coventry and Warwickshire Chamber of Commerce but the body wants the Government to set out a long-term plan that not only helps companies survive for now but also builds the recovery after it.
Chief executive Louise Bennett said: "After the announcement of the new lockdown, many businesses across our patch will be relieved to hear the Chancellor announcing a new round of support so quickly.
"It's now vital the money gets out to the businesses that need it most as soon as physically possible in order to support their cash flow at this devastating time.
"What businesses really want to see now is a longer-term support package that is more than about surviving the next few weeks but how they can plan for the rest of the year and not only come through the crisis but also grow out of it."
|
https://www.business-live.co.uk/enterprise/governments-covid-support-plainly-insufficient-19569067
|
en
| 2021-01-06T00:00:00 |
www.business-live.co.uk/a3999edf8c1c1bc727796f2c44d8a1526f238b752f9f995e47228ccb97059d87.json
|
[
"Sign up to FREE email alerts from BusinessLive - West Midlands Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nBusiness leaders in the West Midlands have been reacting to the Government's latest coronavirus lockdown and the Chancellor's package of financial measures aimed at easing some of the hurt caused by the restrictions.\nRishi Sunak has announced £4.6 billion of lockdown finance which will see retail, hospitality and leisure businesses receive up to £9,000 in one-off grants.\nThere is also a £594 million discretionary fund for other businesses that might be affected, an additional £1.1 billion in grant funding for local councils and local restriction support grants worth up to £3,000 a month.\nIt was announced before Christmas that the job retention scheme, known as furlough, has been extended until the end of April.\nThis new funding coincides with Prime Minister Boris Johnson plunging England into a third lockdown, with only essential retail allowed to open alongside 'key' services such as vehicle repairs, petrol stations and childcare while schools are staying open for the children of key workers.\nMike Cherry, who is national chairman of the Federation of Small Businesses and director of Staffordshire timber merchant WH Mason & Son, branded the current level of business support as \"plainly insufficient\".\nHe said: \"While there is an overarching need to protect public health and bring coronavirus under control, this is disheartening news for small businesses and a blow to an economy that's already on its knees.\n\"Restrictions have been a harsh reality for almost a year and this is anything but a fresh start to 2021.\n\"The news of a new tougher lockdown will cause widespread business failure and job loss unless support is provided on an equal scale to these unprecedented curbs on economic freedom.\n\"Current business support is plainly insufficient. There must now be a step change in support to equal the compensation offered during the first lockdown.\n\"The level of government grants is off the mark by an order of magnitude and has not kept the pace with events.\"\nWant more business news straight to your inbox? BusinessLive is your home for business news from around the country - and you can stay in touch with all the latest news through our email alerts. You can sign up to receive daily morning news bulletins from every region we cover and to weekly email bulletins covering key economic sectors from manufacturing to technology and enterprise. And we'll send out breaking news alerts for any stories we think you can't miss. Visit our email preference centre to sign up to all the latest news from BusinessLive.\nHenrietta Brealey, director of policy and strategic relationships at Greater Birmingham Chambers of Commerce, said businesses in the city region had had to operate under five different levels of restrictions over the past ten weeks alone.\n\"These latest measures broadly mirror those in March. Consequently, it is only right businesses receive support at least equivalent to that received at the time - particularly as many are in a far worse state financially now after nine months of limited to no income,\" she said.\n\"This includes enhancing grant support and better targeting it to the most impacted businesses, addressing gaps in covid support, removing requirements to pay national insurance and pension contributions for furloughed staff for closed businesses and bringing forward further rounds of VAT deferrals.\n\"We will continue to urge the Prime Minister and Chancellor to 'Back Our Businesses' with the above as well as giving businesses greater headroom to plan by extending VAT reliefs and targeted business rates relief into next financial year alongside other key measures.\"\nTony Hague is chief executive of PP Control & Automation, a Walsall-based manufacturing group which supplies machinery builders worldwide.\n\"Like the last lockdown, many manufacturers will remain open and, in our specific case, we are providing critical outsourcing, assembly and manufacturing services for key clients involved markets such as medical, food processing and packaging, and specific projects in relation to covid-19,\" he said.\n\"My only concern is that, if demand dips in certain sectors, some companies may take the decision - based on costs - that it is more effective to furlough staff and close the doors rather than look to operate at a reduced capacity.\n\"Now, once again, is the time for UK manufacturers to be bold, brave and innovative and seize the opportunities, however challenging the landscape may be.\"\nThe Chancellor's measures were welcomed by Coventry and Warwickshire Chamber of Commerce but the body wants the Government to set out a long-term plan that not only helps companies survive for now but also builds the recovery after it.\nChief executive Louise Bennett said: \"After the announcement of the new lockdown, many businesses across our patch will be relieved to hear the Chancellor announcing a new round of support so quickly.\n\"It's now vital the money gets out to the businesses that need it most as soon as physically possible in order to support their cash flow at this devastating time.\n\"What businesses really want to see now is a longer-term support package that is more than about surviving the next few weeks but how they can plan for the rest of the year and not only come through the crisis but also grow out of it.\"",
"Government's covid support 'plainly insufficient' - West Midlands business leaders react to latest lockdown",
"Chancellor's new funding package welcomed but more needs to be done, say chief in the region"
] |
|
[
"Daniel Holland",
"Image",
"Newcastle Chronicle",
"Publicity Handout Food",
"Drink North East"
] | 2021-01-13T19:26:00 | null | 2021-01-13T18:52:39 |
Empty stalls at the Grade-I listed market will be 'impossible' to fill in the current economic climate, Newcastle City Council says
|
https%3A%2F%2Fwww.business-live.co.uk%2Fretail-consumer%2Fhuge-problems-facing-newcastles-historic-19621172.json
|
en
| null |
Huge problems facing Newcastle's historic Grainger Market in coronavirus pandemic
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - North East Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
Problems facing one of the country's best known indoor markets have been laid bare in a report to councillors.
Newcastle City Council has been told that empty stalls at the Grainger Market have been made "impossible" to fill because of the Covid crisis.
The historic market, which dates back to 1835 and is a Grade-I listed building, has been named by Newcastle City Council among a few key city centre assets that are struggling financially, due to dwindling occupancy.
The council has also been told that the retail crisis hitting the city's nearby Eldon Square shopping centre is "wiping out every other good initiative that we have got".
(Image: publicity handout from Food and Drink North East)
The city council was unable to confirm on Thursday how many of the Grainger Market's 116 stalls are empty, but trader Leslie Armstrong said there are now "quite a few" vacant units.
Paul Stewart, the council's head of property, told councillors at a finance scrutiny meeting on Wednesday that its commercial property portfolio was performing "rather well, other than one or two key assets".
He listed the Grainger Market as one key issue "pulling us down", as well as the Partnership House office building in Gosforth - where the collapse of Carillion forced the council to renegotiate rents with its tenants at a much lower rate.
City centre councillor Jane Byrne said that independent traders like those at the Grainger Market were "never more important" than now, with Mr Stewart responding that the market was the "antidote to the high street" and had been vital to help people get essential supplies during lockdown.
The city council has spent around £4m on a renovation of the 14 entrances and roof of the Grainger Market, which dates back to 1835, but has taken flak from some of its businesses over recent years due to declining trade, a lack of advertising, and for refusing to cut rents to reflect the devastating impact of the pandemic.
A council spokesperson said: "The Grainger Market is part of the fabric of the city.
"Not only is it Grade I Listed but it's hugely popular with residents and visitors offering a diverse range of products and services from independent traders committed to serving the community as shown throughout the pandemic.
"However, to safeguard the future of the market we must ensure the building is in good condition which is why we have invested in new entrances and refurbishment of the roof - though this remains very expensive due to the historical importance of the building.
"The pandemic has made it impossible to market and so reduce the vacant stalls as we had planned to do over a year ago, yet we remain committed to working with the existing traders to attract new traders, so the market thrives again and has a bright future."
It was revealed in November that the value of Newcastle City Council's major financial stake in Eldon Square, from which it collects 40% of the net income, had plummeted by more than £50m because of the devastating impact of the Covid pandemic.
Mr Stewart said on Wednesday that Eldon Square is "such a big ticket item that it is wiping out every other good initiative that we have got within the city", with the Covid crisis having accelerated the shift towards online shopping.
Eldon Square is now under new management following the collapse of previous operator Intu, and one of its biggest stores is being wound down - after Debenhams went into liquidation.
Michelle Percy, the city council's director of place, told Wednesday's meeting that the city centre's remaining big retailers do want to stay in Newcastle - but with downsized "smaller footprints".
|
https://www.business-live.co.uk/retail-consumer/huge-problems-facing-newcastles-historic-19621172
|
en
| 2021-01-13T00:00:00 |
www.business-live.co.uk/1cbe862113b730ed4090be388957e4b346131d54f8f450aba9f4b67b00b27c4c.json
|
[
"Sign up to FREE email alerts from BusinessLive - North East Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nProblems facing one of the country's best known indoor markets have been laid bare in a report to councillors.\nNewcastle City Council has been told that empty stalls at the Grainger Market have been made \"impossible\" to fill because of the Covid crisis.\nThe historic market, which dates back to 1835 and is a Grade-I listed building, has been named by Newcastle City Council among a few key city centre assets that are struggling financially, due to dwindling occupancy.\nThe council has also been told that the retail crisis hitting the city's nearby Eldon Square shopping centre is \"wiping out every other good initiative that we have got\".\n(Image: publicity handout from Food and Drink North East)\nThe city council was unable to confirm on Thursday how many of the Grainger Market's 116 stalls are empty, but trader Leslie Armstrong said there are now \"quite a few\" vacant units.\nPaul Stewart, the council's head of property, told councillors at a finance scrutiny meeting on Wednesday that its commercial property portfolio was performing \"rather well, other than one or two key assets\".\nHe listed the Grainger Market as one key issue \"pulling us down\", as well as the Partnership House office building in Gosforth - where the collapse of Carillion forced the council to renegotiate rents with its tenants at a much lower rate.\nCity centre councillor Jane Byrne said that independent traders like those at the Grainger Market were \"never more important\" than now, with Mr Stewart responding that the market was the \"antidote to the high street\" and had been vital to help people get essential supplies during lockdown.\nThe city council has spent around £4m on a renovation of the 14 entrances and roof of the Grainger Market, which dates back to 1835, but has taken flak from some of its businesses over recent years due to declining trade, a lack of advertising, and for refusing to cut rents to reflect the devastating impact of the pandemic.\nA council spokesperson said: \"The Grainger Market is part of the fabric of the city.\n\"Not only is it Grade I Listed but it's hugely popular with residents and visitors offering a diverse range of products and services from independent traders committed to serving the community as shown throughout the pandemic.\n\"However, to safeguard the future of the market we must ensure the building is in good condition which is why we have invested in new entrances and refurbishment of the roof - though this remains very expensive due to the historical importance of the building.\n\"The pandemic has made it impossible to market and so reduce the vacant stalls as we had planned to do over a year ago, yet we remain committed to working with the existing traders to attract new traders, so the market thrives again and has a bright future.\"\nIt was revealed in November that the value of Newcastle City Council's major financial stake in Eldon Square, from which it collects 40% of the net income, had plummeted by more than £50m because of the devastating impact of the Covid pandemic.\nMr Stewart said on Wednesday that Eldon Square is \"such a big ticket item that it is wiping out every other good initiative that we have got within the city\", with the Covid crisis having accelerated the shift towards online shopping.\nEldon Square is now under new management following the collapse of previous operator Intu, and one of its biggest stores is being wound down - after Debenhams went into liquidation.\nMichelle Percy, the city council's director of place, told Wednesday's meeting that the city centre's remaining big retailers do want to stay in Newcastle - but with downsized \"smaller footprints\".",
"Huge problems facing Newcastle's historic Grainger Market in coronavirus pandemic",
"Empty stalls at the Grade-I listed market will be 'impossible' to fill in the current economic climate, Newcastle City Council says"
] |
|
[
"Chris Young",
"Image",
"Scu"
] | 2021-01-06T10:26:49 | null | 2021-01-06T10:03:49 |
Bradford is pushing for £1.4bn to boost its economic recovery, with hopes of moving into areas such as green energy
|
https%3A%2F%2Fwww.business-live.co.uk%2Feconomic-development%2Fbradford-economic-recovery-plan-needs-19571041.json
|
en
| null |
Bradford economic recovery plan 'needs to leave town better than pre-Covid state'
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - Yorkshire & Humber Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
Bradford needs to plan for an economic recovery that will leave the district in better shape than it was before the Covid pandemic, according to a body set up to help the city bounce back from the pandemic.
Professor Zahir Irani, deputy vice chancellor of Bradford University and chair of the district's Economic Recovery Board was speaking at a meeting of Bradford Council's executive, where members were asked to approved The Bradford District Economic Recovery Plan.
He said: "We don't want to go back to normal, because normal wasn't good enough."
The report contains numerous suggestions on how Bradford can bounce back from the national crisis, from helping re-train workers for industries likely to grow in the coming years, such as green technology, to boosting the local health sector and providing support for entrepreneurs and start up businesses.
Other proposals to make the city more prosperous include creating a more sustainable food supply system, creating a city centre park - possibly at the former Royal Mail site at Forster Square, and turning Little Germany into a "heritage action zone" - helping make better use of the historic area of the city.
The pandemic has already led to a big rise in unemployment in the area, with the future job prospects of Bradford's young people looking particularly bleak.
Prof Irani told members how the board had been working on the plan for several months, and involved numerous businesses and local organisations.
He said: "In Bradford we have a very low skills base, we have to look at how we enable people to enter the labour market."
The city also needs to improve its image, with Prof Irani saying: "We have to project the image that Bradford is a great place to live, work and visit, and a great place to set up a business."
Council leader Susan Hinchcliffe said: "We all know that lockdown will be hugely damaging to the life chances of people in our district unless we get on top of this.
"As a country we need to think ahead about what comes next. If an economic recovery does not come then that will also damage lives.
"We cannot go back, we have to go forward. The future is green, and in Bradford we need to make sure we are on top of that."
Members heard that much of the recovery plan was reliant on Government support. West Yorkshire Combined Authority, made up of five West Yorkshire Councils, has lobbied government for £1.4bn to help the region's recovery.
Coun Hinchcliffe said: "We need this coming through. We can't deliver on this recovery plan unless the Government properly funds areas of the North like ours."
Coun Rebecca Poulsen, leader of the Conservative Party on Bradford Council, said: "This is an excellent piece of work. As has been mentioned, we have to move forward, we don't want to go back to how it was before.
"I've had lots of businesses who have come to me and say they want to get involved in this."
|
https://www.business-live.co.uk/economic-development/bradford-economic-recovery-plan-needs-19571041
|
en
| 2021-01-06T00:00:00 |
www.business-live.co.uk/a171c6acb687267c03ca5dbefe1f5a5e0363dac56f6a14c29755d44069546798.json
|
[
"Sign up to FREE email alerts from BusinessLive - Yorkshire & Humber Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nBradford needs to plan for an economic recovery that will leave the district in better shape than it was before the Covid pandemic, according to a body set up to help the city bounce back from the pandemic.\nProfessor Zahir Irani, deputy vice chancellor of Bradford University and chair of the district's Economic Recovery Board was speaking at a meeting of Bradford Council's executive, where members were asked to approved The Bradford District Economic Recovery Plan.\nHe said: \"We don't want to go back to normal, because normal wasn't good enough.\"\nThe report contains numerous suggestions on how Bradford can bounce back from the national crisis, from helping re-train workers for industries likely to grow in the coming years, such as green technology, to boosting the local health sector and providing support for entrepreneurs and start up businesses.\nOther proposals to make the city more prosperous include creating a more sustainable food supply system, creating a city centre park - possibly at the former Royal Mail site at Forster Square, and turning Little Germany into a \"heritage action zone\" - helping make better use of the historic area of the city.\nThe pandemic has already led to a big rise in unemployment in the area, with the future job prospects of Bradford's young people looking particularly bleak.\nProf Irani told members how the board had been working on the plan for several months, and involved numerous businesses and local organisations.\nHe said: \"In Bradford we have a very low skills base, we have to look at how we enable people to enter the labour market.\"\nThe city also needs to improve its image, with Prof Irani saying: \"We have to project the image that Bradford is a great place to live, work and visit, and a great place to set up a business.\"\nCouncil leader Susan Hinchcliffe said: \"We all know that lockdown will be hugely damaging to the life chances of people in our district unless we get on top of this.\n\"As a country we need to think ahead about what comes next. If an economic recovery does not come then that will also damage lives.\n\"We cannot go back, we have to go forward. The future is green, and in Bradford we need to make sure we are on top of that.\"\nMembers heard that much of the recovery plan was reliant on Government support. West Yorkshire Combined Authority, made up of five West Yorkshire Councils, has lobbied government for £1.4bn to help the region's recovery.\nCoun Hinchcliffe said: \"We need this coming through. We can't deliver on this recovery plan unless the Government properly funds areas of the North like ours.\"\nCoun Rebecca Poulsen, leader of the Conservative Party on Bradford Council, said: \"This is an excellent piece of work. As has been mentioned, we have to move forward, we don't want to go back to how it was before.\n\"I've had lots of businesses who have come to me and say they want to get involved in this.\"",
"Bradford economic recovery plan 'needs to leave town better than pre-Covid state'",
"Bradford is pushing for £1.4bn to boost its economic recovery, with hopes of moving into areas such as green energy"
] |
|
[
"Tom Houghton"
] | 2021-01-19T12:53:27 | null | 2021-01-19T12:46:38 |
Mr Harte's remit for national publisher Reach plc included titles such as the Liverpool Echo and Manchester Evening News
|
https%3A%2F%2Fwww.business-live.co.uk%2Feconomic-development%2Freachs-north-west-sales-boss-19655205.json
|
en
| null |
Reach's North West sales boss Tom Harte to step down from role
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - North West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
The regional sales director for Reach plc titles including the Liverpool Echo and Manchester Evening News has announced he is to step down.
Since July, Tom Harte has been charged with rebuilding a new commercial region for the national publisher, as well as leading a new team and a changed portfolio.
That has involved fusing the North West, Manchester and West Yorkshire geographies, setting the foundations to "create success for the region in future".
Mr Harte, who took on the role of Regional Sales Director for North & North West region during the firm's restructure back in July, said: "I think it's been outstanding what the regional commercial teams have achieved in 2020, including changing the whole approach and structure whilst also driving momentum forward.
"For me personally, I feel the North North West is now at a place that someone else needs to take the lead to help this fantastic region and its brilliant people to the next level to optimise the opportunities.
"To that end, I have chosen to stand down to pursue other goals."
The search for Mr Harte's successor has begun.
Commercial Director for Reach Regionals, Sarah Pullen, added: "I want to personally thank Tom for his contribution to the business and for his support to me and the wider management team.
"I wish him all the very best in the future."
|
https://www.business-live.co.uk/economic-development/reachs-north-west-sales-boss-19655205
|
en
| 2021-01-19T00:00:00 |
www.business-live.co.uk/9f059bb19052c0a77d3d99e3cc54c619d8b0d79a6159fd016aa0d40e869fd4e9.json
|
[
"Sign up to FREE email alerts from BusinessLive - North West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nThe regional sales director for Reach plc titles including the Liverpool Echo and Manchester Evening News has announced he is to step down.\nSince July, Tom Harte has been charged with rebuilding a new commercial region for the national publisher, as well as leading a new team and a changed portfolio.\nThat has involved fusing the North West, Manchester and West Yorkshire geographies, setting the foundations to \"create success for the region in future\".\nMr Harte, who took on the role of Regional Sales Director for North & North West region during the firm's restructure back in July, said: \"I think it's been outstanding what the regional commercial teams have achieved in 2020, including changing the whole approach and structure whilst also driving momentum forward.\n\"For me personally, I feel the North North West is now at a place that someone else needs to take the lead to help this fantastic region and its brilliant people to the next level to optimise the opportunities.\n\"To that end, I have chosen to stand down to pursue other goals.\"\nThe search for Mr Harte's successor has begun.\nCommercial Director for Reach Regionals, Sarah Pullen, added: \"I want to personally thank Tom for his contribution to the business and for his support to me and the wider management team.\n\"I wish him all the very best in the future.\"",
"Reach's North West sales boss Tom Harte to step down from role",
"Mr Harte's remit for national publisher Reach plc included titles such as the Liverpool Echo and Manchester Evening News"
] |
|
[
"Hannah Finch"
] | 2021-01-25T16:08:52 | null | 2021-01-25T14:07:53 |
Asos.com is part of Anders Povlsen's global retail empire
|
https%3A%2F%2Fwww.business-live.co.uk%2Fretail-consumer%2Fmore-billionaire-behind-asos-retail-19695731.json
|
en
| null |
More about the billionaire behind the Asos retail giant
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - Retail & Consumer Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
Danish businessman Anders Povlsen is the majority shareholder in online retailer Asos.com.
He is reportedly worth £4.5bn thanks to his Bestseller clothes retail empire of about 2,600 branded chain stores, 15,000 multi-brand and in department stores across Europe, The Middle East, North America, Latin America, Australia and India.
These include brands well known in Europe including Jack & Jones, Mamalicious, Vero Moda, Vila Clothes and Y.A.S.
If you want more stories like this... You can sign up to our daily e-bulletin of business news in the South West or our weekly round-up of the best articles on retail and enterprise. Sign up here.
The retail magnate and his wife Anne were hit by tragedy in 2019, with the loss of three of their four children - Alfred, five, Agnes, 12, and Alma, 15 - in the Sri Lankan bombings.
The couple last year welcomed twin girls into their family.
The publicity-shy couple have become the biggest landowners in the Scottish Highlands after first buying the 42,000-acre Glenfeshie estate in the Cairngorms for £8million in 2006.
Anders' love affair with the area started on a fly fishing trip as a boy.
The 48-year-old billionaire has continued to snap up huge swathes of the Scottish countryside - owning about 220,000 acres across 12 estates.
The couple, through their company Wildland, want to become pioneers of rewilding by reversing years of mismanagement by previous lairds.
Alongside online retailers, Asos.com has seen lockdown sales soar. In the year to September 2020, Asos posted revenue of £3.26 billion and pre-tax profit of £142.1 million, an increase of 300 per cent.
In January, it announced plans to invest £90 million into a new distribution hub in the West Midlands which will create up to 2,000 jobs.
Asos said today the centre would become operational within 12 months and would reach peak trade in 2023.
Asos.com has begin exclusive talks to buy Sir Philip Green’s Arcadia out of administration, including its Topshop, Topman, and Miss Selfridge brands.
|
https://www.business-live.co.uk/retail-consumer/more-billionaire-behind-asos-retail-19695731
|
en
| 2021-01-25T00:00:00 |
www.business-live.co.uk/8b53469cce1494fb00bccff5ada94ee0c732f4e3aec4f6950d5bef4622151eb4.json
|
[
"Sign up to FREE email alerts from BusinessLive - Retail & Consumer Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nDanish businessman Anders Povlsen is the majority shareholder in online retailer Asos.com.\nHe is reportedly worth £4.5bn thanks to his Bestseller clothes retail empire of about 2,600 branded chain stores, 15,000 multi-brand and in department stores across Europe, The Middle East, North America, Latin America, Australia and India.\nThese include brands well known in Europe including Jack & Jones, Mamalicious, Vero Moda, Vila Clothes and Y.A.S.\nIf you want more stories like this... You can sign up to our daily e-bulletin of business news in the South West or our weekly round-up of the best articles on retail and enterprise. Sign up here.\nThe retail magnate and his wife Anne were hit by tragedy in 2019, with the loss of three of their four children - Alfred, five, Agnes, 12, and Alma, 15 - in the Sri Lankan bombings.\nThe couple last year welcomed twin girls into their family.\nThe publicity-shy couple have become the biggest landowners in the Scottish Highlands after first buying the 42,000-acre Glenfeshie estate in the Cairngorms for £8million in 2006.\nAnders' love affair with the area started on a fly fishing trip as a boy.\nThe 48-year-old billionaire has continued to snap up huge swathes of the Scottish countryside - owning about 220,000 acres across 12 estates.\nThe couple, through their company Wildland, want to become pioneers of rewilding by reversing years of mismanagement by previous lairds.\nAlongside online retailers, Asos.com has seen lockdown sales soar. In the year to September 2020, Asos posted revenue of £3.26 billion and pre-tax profit of £142.1 million, an increase of 300 per cent.\nIn January, it announced plans to invest £90 million into a new distribution hub in the West Midlands which will create up to 2,000 jobs.\nAsos said today the centre would become operational within 12 months and would reach peak trade in 2023.\nAsos.com has begin exclusive talks to buy Sir Philip Green’s Arcadia out of administration, including its Topshop, Topman, and Miss Selfridge brands.",
"More about the billionaire behind the Asos retail giant",
"Asos.com is part of Anders Povlsen's global retail empire"
] |
|
[
"Hannah Baker"
] | 2021-01-04T21:31:02 | null | 2021-01-04T20:04:20 |
Mr Johnson made the announcement during a televised address to the nation
|
https%3A%2F%2Fwww.business-live.co.uk%2Feconomic-development%2Fboris-johnson-confirms-third-national-19562407.json
|
en
| null |
Boris Johnson confirms third national lockown for England as Covid-19 cases continue to rise
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - National Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
Prime Minister Boris Johnson has confirmed there will be a third national lockdown in England to tackle the rise in coronavirus cases.
Mr Johnson made the announcement during a televised address to the nation on Monday, January 4.
The new rules will replace the tier system and are expected to last until the middle of February.
He said: "Our hospitals are under more pressure than the start of the pandemic. Hospitals admissions have increased by a third to 27,000.
"The number of deaths is up by 20 per cent over the last week. It is clear we need to do more together to bring this virus under control. We must therefore go into a national lockdown which is tough enough to control the new variant.”
The announcement comes after health secretary Matt Hancock refused to rule out imposing tougher restrictions.
People across England are being urged to stay at home apart from the following exceptions:
to shop for basic necessities, for you or a vulnerable person
to go to work, or provide voluntary or charitable services, if you cannot reasonably do so from home
to exercise with your household (or support bubble) or one other person, this should be limited to once per day, and you should not travel outside your local area.
to meet your support bubble or childcare bubble where necessary, but only if you are legally permitted to form one
to seek medical assistance or avoid injury, illness or risk of harm (including domestic abuse)
to attend education or childcare - for those eligible
All primary schools, secondary schools and colleges will move to online learning from Tuesday, January 5. However, early years settings can remain open.
"I know how tough this is and how frustrated you are... but now, more than ever, we must pull together," Mr Johnson added. "Thanks to the miracle of science, not only is the end in sight, but we know how to get there."
Labour leader Sir Keir Starmer said his party would support the measures. He said: "Now is the time to support this package, pull together and do everything we can to make this work."
He added: "We have to rekindle the spirit of March. I urge people to comply."
Sign up for more business news straight to your inbox Stay up to date with our daily newsletter, email breaking news alerts and weekly round-ups. To sign up, find out more and see all of our newsletters, follow the link here
Meanwhile, most of Scotland will be placed in lockdown from Tuesday, January 5, for the whole of January to tackle the rising spread of the new coronavirus strain, Nicola Sturgeon announced on Monday.
The First Minister said a legally-enforceable stay-at-home order will apply from Tuesday to areas currently under Level 4 - mainland Scotland and Skye - with exemptions in place for carers, essential shopping, unlimited outdoor exercise and being part of an extended household.
Schools and nurseries will remain closed to most pupils until February, meaning an additional two weeks of home learning for most pupils.
Ms Sturgeon announced the changes in a statement at the Scottish Parliament, which was recalled from recess to discuss stricter measures, telling MSPs taking no action could see Covid-19 capacity in hospitals overrun within "three or four weeks".
'The lockdowns... are a body blow to our business communities'
Adam Marshall, director general of the British Chambers of Commerce said businesses will be "baffled and disappointed" the Prime Minister did not announce additional support.
He said: “The lockdowns announced in England and Scotland today are a body blow to our business communities, hard on the heels of lost trade during the festive season and uncertainty linked to the end of the Brexit transition period.
"Tens of thousands of firms are already in a precarious position, and now face a period of further hardship and difficulty.
“Billions have already been spent helping good firms to survive this unprecedented crisis and to save jobs. These businesses must not be allowed to fail now, when the vaccine rollout provides light at the end of this long tunnel.
"The financial support for businesses needs to be stepped up in line with the devastating restrictions being placed on them. Otherwise, many of these firms may simply not be there to power our recovery when we emerge once again.
“Enhanced support for businesses, a turbo-charged vaccine rollout, and delivery of existing promises on mass testing must be delivered to enable the UK to restart, rebuild and renew.”
How has the handling of the Covid-19 restrictions affected your business? Let us know in the comments section below
|
https://www.business-live.co.uk/economic-development/boris-johnson-confirms-third-national-19562407
|
en
| 2021-01-04T00:00:00 |
www.business-live.co.uk/87c0ed91fec27f356fa0925b82dc7cc37226ebf76a9ce6dc9e2fb7cf630c67ab.json
|
[
"Sign up to FREE email alerts from BusinessLive - National Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nPrime Minister Boris Johnson has confirmed there will be a third national lockdown in England to tackle the rise in coronavirus cases.\nMr Johnson made the announcement during a televised address to the nation on Monday, January 4.\nThe new rules will replace the tier system and are expected to last until the middle of February.\nHe said: \"Our hospitals are under more pressure than the start of the pandemic. Hospitals admissions have increased by a third to 27,000.\n\"The number of deaths is up by 20 per cent over the last week. It is clear we need to do more together to bring this virus under control. We must therefore go into a national lockdown which is tough enough to control the new variant.”\nThe announcement comes after health secretary Matt Hancock refused to rule out imposing tougher restrictions.\nPeople across England are being urged to stay at home apart from the following exceptions:\nto shop for basic necessities, for you or a vulnerable person\nto go to work, or provide voluntary or charitable services, if you cannot reasonably do so from home\nto exercise with your household (or support bubble) or one other person, this should be limited to once per day, and you should not travel outside your local area.\nto meet your support bubble or childcare bubble where necessary, but only if you are legally permitted to form one\nto seek medical assistance or avoid injury, illness or risk of harm (including domestic abuse)\nto attend education or childcare - for those eligible\nAll primary schools, secondary schools and colleges will move to online learning from Tuesday, January 5. However, early years settings can remain open.\n\"I know how tough this is and how frustrated you are... but now, more than ever, we must pull together,\" Mr Johnson added. \"Thanks to the miracle of science, not only is the end in sight, but we know how to get there.\"\nLabour leader Sir Keir Starmer said his party would support the measures. He said: \"Now is the time to support this package, pull together and do everything we can to make this work.\"\nHe added: \"We have to rekindle the spirit of March. I urge people to comply.\"\nSign up for more business news straight to your inbox Stay up to date with our daily newsletter, email breaking news alerts and weekly round-ups. To sign up, find out more and see all of our newsletters, follow the link here\nMeanwhile, most of Scotland will be placed in lockdown from Tuesday, January 5, for the whole of January to tackle the rising spread of the new coronavirus strain, Nicola Sturgeon announced on Monday.\nThe First Minister said a legally-enforceable stay-at-home order will apply from Tuesday to areas currently under Level 4 - mainland Scotland and Skye - with exemptions in place for carers, essential shopping, unlimited outdoor exercise and being part of an extended household.\nSchools and nurseries will remain closed to most pupils until February, meaning an additional two weeks of home learning for most pupils.\nMs Sturgeon announced the changes in a statement at the Scottish Parliament, which was recalled from recess to discuss stricter measures, telling MSPs taking no action could see Covid-19 capacity in hospitals overrun within \"three or four weeks\".\n'The lockdowns... are a body blow to our business communities'\nAdam Marshall, director general of the British Chambers of Commerce said businesses will be \"baffled and disappointed\" the Prime Minister did not announce additional support.\nHe said: “The lockdowns announced in England and Scotland today are a body blow to our business communities, hard on the heels of lost trade during the festive season and uncertainty linked to the end of the Brexit transition period.\n\"Tens of thousands of firms are already in a precarious position, and now face a period of further hardship and difficulty.\n“Billions have already been spent helping good firms to survive this unprecedented crisis and to save jobs. These businesses must not be allowed to fail now, when the vaccine rollout provides light at the end of this long tunnel.\n\"The financial support for businesses needs to be stepped up in line with the devastating restrictions being placed on them. Otherwise, many of these firms may simply not be there to power our recovery when we emerge once again.\n“Enhanced support for businesses, a turbo-charged vaccine rollout, and delivery of existing promises on mass testing must be delivered to enable the UK to restart, rebuild and renew.”\nHow has the handling of the Covid-19 restrictions affected your business? Let us know in the comments section below",
"Boris Johnson confirms third national lockown for England as Covid-19 cases continue to rise",
"Mr Johnson made the announcement during a televised address to the nation"
] |
|
[
"Hannah Baker",
"Image",
"Bath Chronicle"
] | 2021-01-28T09:48:46 | null | 2021-01-28T08:30:00 |
A total of 109 businesses in the region became insolvent in a year blighted by the pandemic
|
https%3A%2F%2Fwww.business-live.co.uk%2Fenterprise%2Fcompanies-collapsed-administration-south-west-19704735.json
|
en
| null |
The companies that collapsed into administration in the South West in 2020
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - South West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
The Government’s UK support measures prevented swathes of South West companies falling into administration in 2020 amid the pandemic, new analysis has revealed.
The number of firms collapsing in the region fell to a historic low last year, according to a review of notices in The Gazette - the UK’s public record site - by big four advisory business KPMG.
The firm defined the South West as the region stretching from the Thames Valley to Cornwall, including Reading, Southampton, Eastleigh, Exeter, Salisbury, Bristol, Bath and Taunton.
The report showed that 109 companies across this area went into administration in 2020, compared to 149 in 2019 - a drop of 26.8%.
The industries accounting for the lions’ share of insolvencies were manufacturing (14), construction and building development (12), and retail (7).
Nationally, 1,112 companies went into administration over the course of last year – the lowest annual total since KPMG started tracking the data in 2005, and a fall of 22% on 2019, which saw 1,425 administrations.
The retail sector, in particular, has been hit hard by the pandemic, with dozens of big-name chain stores collapsing into administration last year.
Sarah Collins, restructuring lead for KPMG in Bristol, said: “Comfort can be taken from the fact that fewer businesses than expected have been forced into insolvency during the crisis, as the breadth and depth of support measures available, coupled with a supportive lending community, have given organisations that vital lifeline.
“We also know that there are a number of sectors, including the likes of tech, online retail and financial services, which have seen something of a Covid-bounce.”
But she warned the figures provided a “distorted view of reality”, with companies in sectors such as leisure and hospitality racking up liabilities while seeing little cash flowing into the business.
“At some point, rent and tax deferrals and loans will need to be repaid. The Job Retention Scheme will unwind. Weaning off these support schemes is going to be a massive challenge for many,” she said.
While the pandemic and resulting lockdown measures are continuing to have ramifications for many businesses, the impact of the UK’s new deal with the European Union has also come into focus in recent weeks.
Sign up for more business news straight to your inbox Stay up to date with our daily newsletter, email breaking news alerts and weekly round-ups. To sign up, find out more and see all of our newsletters, follow the link here
Ms Collins warned there could be “bumps in the road” for businesses as the UK grapples with the realities of its new trading relationship with the bloc.
“There was certainly a collective sigh of relief when a Brexit deal was signed on Christmas Eve, with the UK avoiding a damaging cliff-edge scenario,” she said.
“Some sectors are seeing an immediate impact on cash and liquidity. There have been early signs of disruption across supply chains, particularly on roads and at ports as customs changes, increased paperwork and delays start to have a knock-on effect on both suppliers and those awaiting deliveries.
“This leaves some companies with the issue of having cash tied up in stock, unable to be despatched to consumers, but with bills still to be paid and no obvious solution on the horizon.”
The South West companies that entered administration in 2020
|
https://www.business-live.co.uk/enterprise/companies-collapsed-administration-south-west-19704735
|
en
| 2021-01-28T00:00:00 |
www.business-live.co.uk/fae5aa22786735a61c3d68545c0184d98d8df4f6652a55ceafcdac729954f76d.json
|
[
"Sign up to FREE email alerts from BusinessLive - South West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nThe Government’s UK support measures prevented swathes of South West companies falling into administration in 2020 amid the pandemic, new analysis has revealed.\nThe number of firms collapsing in the region fell to a historic low last year, according to a review of notices in The Gazette - the UK’s public record site - by big four advisory business KPMG.\nThe firm defined the South West as the region stretching from the Thames Valley to Cornwall, including Reading, Southampton, Eastleigh, Exeter, Salisbury, Bristol, Bath and Taunton.\nThe report showed that 109 companies across this area went into administration in 2020, compared to 149 in 2019 - a drop of 26.8%.\nThe industries accounting for the lions’ share of insolvencies were manufacturing (14), construction and building development (12), and retail (7).\nNationally, 1,112 companies went into administration over the course of last year – the lowest annual total since KPMG started tracking the data in 2005, and a fall of 22% on 2019, which saw 1,425 administrations.\nThe retail sector, in particular, has been hit hard by the pandemic, with dozens of big-name chain stores collapsing into administration last year.\nSarah Collins, restructuring lead for KPMG in Bristol, said: “Comfort can be taken from the fact that fewer businesses than expected have been forced into insolvency during the crisis, as the breadth and depth of support measures available, coupled with a supportive lending community, have given organisations that vital lifeline.\n“We also know that there are a number of sectors, including the likes of tech, online retail and financial services, which have seen something of a Covid-bounce.”\nBut she warned the figures provided a “distorted view of reality”, with companies in sectors such as leisure and hospitality racking up liabilities while seeing little cash flowing into the business.\n“At some point, rent and tax deferrals and loans will need to be repaid. The Job Retention Scheme will unwind. Weaning off these support schemes is going to be a massive challenge for many,” she said.\nWhile the pandemic and resulting lockdown measures are continuing to have ramifications for many businesses, the impact of the UK’s new deal with the European Union has also come into focus in recent weeks.\nSign up for more business news straight to your inbox Stay up to date with our daily newsletter, email breaking news alerts and weekly round-ups. To sign up, find out more and see all of our newsletters, follow the link here\nMs Collins warned there could be “bumps in the road” for businesses as the UK grapples with the realities of its new trading relationship with the bloc.\n“There was certainly a collective sigh of relief when a Brexit deal was signed on Christmas Eve, with the UK avoiding a damaging cliff-edge scenario,” she said.\n“Some sectors are seeing an immediate impact on cash and liquidity. There have been early signs of disruption across supply chains, particularly on roads and at ports as customs changes, increased paperwork and delays start to have a knock-on effect on both suppliers and those awaiting deliveries.\n“This leaves some companies with the issue of having cash tied up in stock, unable to be despatched to consumers, but with bills still to be paid and no obvious solution on the horizon.”\nThe South West companies that entered administration in 2020",
"The companies that collapsed into administration in the South West in 2020",
"A total of 109 businesses in the region became insolvent in a year blighted by the pandemic"
] |
|
[
"Jonathon Manning",
"Image",
"Evening Gazette"
] | 2021-01-27T09:14:55 | null | 2021-01-27T09:02:52 |
The North East firm has released millions of shares to boost its working capital
|
https%3A%2F%2Fwww.business-live.co.uk%2Fbusiness%2Fmanufacturing%2Fapplied-graphene-raises-5m-shares-19707855.json
|
en
| null |
Applied Graphene Materials set to raise more than £5.5m through share placing
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - North East Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
Redcar's Applied Graphene Materials is planning to raise more than £5.5m by issuing millions of new shares.
The company, which makes the incredibly strong material graphene, said it was attempting to raise £5.3m by placing 12.9 million ordinary shares on the market, at a price of 41p per share.
The 41p placing price is a 39% discount on the shares' 67.4p closing price on January 25.
On top of this, the company has revealed that an existing shareholder plans to buy and additional 478,049 shares, allowing Applied Graphene Materials to raise a further £200,000.
Retail investors will also be given the opportunity to acquire shares in the company, with Applied Graphene Materials issuing a new ordinary shares, which will be made available to purchase through online share trading platform PrimaryBid.com. The PrimaryBid sale will be held on February 15.
The firm announced its plans for the placing yesterday, January 26, but has already revealed that it expects to raise around £6m through the scheme after the shares were oversubscribed.
In a statement to the London Stock Exchange the company said it would use the money raised to increase its working capital funding.
It said: "Applied Graphene Materials Plc announces its intention to carry out a proposed placing to issue 12,936,585 new ordinary shares at the issue price, raising £5.3m (before expenses).
"The net proceeds of the placing, the subscription and the PrimaryBid offer will be used by the company to provide ongoing working capital funding, including costs associated with continuing the company's product and technology development roadmap; to service anticipated growth in customer and product demand; and for minor capital expenditure."
A number of the company's directors also used the placing to acquire more shares in the company.
In total five of the company's directors purchased £71,000 worth of additional shares. Of the five directors involved, Applied Graphene Materials founder and director Karl Coleman continued to own the largest proportion of shares after the second placing, with 2.83% of the company's share capital under his control.
Following the announcement Applied Graphene Materials' share price fell from 67.98p per share yesterday to a low of 44.98p at the time of writing.
|
https://www.business-live.co.uk/business/manufacturing/applied-graphene-raises-5m-shares-19707855
|
en
| 2021-01-27T00:00:00 |
www.business-live.co.uk/6b8a845d91dbed189e3892aff077477f5fbc648509cc9bb17d7890c2acf5a3cb.json
|
[
"Sign up to FREE email alerts from BusinessLive - North East Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nRedcar's Applied Graphene Materials is planning to raise more than £5.5m by issuing millions of new shares.\nThe company, which makes the incredibly strong material graphene, said it was attempting to raise £5.3m by placing 12.9 million ordinary shares on the market, at a price of 41p per share.\nThe 41p placing price is a 39% discount on the shares' 67.4p closing price on January 25.\nOn top of this, the company has revealed that an existing shareholder plans to buy and additional 478,049 shares, allowing Applied Graphene Materials to raise a further £200,000.\nRetail investors will also be given the opportunity to acquire shares in the company, with Applied Graphene Materials issuing a new ordinary shares, which will be made available to purchase through online share trading platform PrimaryBid.com. The PrimaryBid sale will be held on February 15.\nThe firm announced its plans for the placing yesterday, January 26, but has already revealed that it expects to raise around £6m through the scheme after the shares were oversubscribed.\nIn a statement to the London Stock Exchange the company said it would use the money raised to increase its working capital funding.\nIt said: \"Applied Graphene Materials Plc announces its intention to carry out a proposed placing to issue 12,936,585 new ordinary shares at the issue price, raising £5.3m (before expenses).\n\"The net proceeds of the placing, the subscription and the PrimaryBid offer will be used by the company to provide ongoing working capital funding, including costs associated with continuing the company's product and technology development roadmap; to service anticipated growth in customer and product demand; and for minor capital expenditure.\"\nA number of the company's directors also used the placing to acquire more shares in the company.\nIn total five of the company's directors purchased £71,000 worth of additional shares. Of the five directors involved, Applied Graphene Materials founder and director Karl Coleman continued to own the largest proportion of shares after the second placing, with 2.83% of the company's share capital under his control.\nFollowing the announcement Applied Graphene Materials' share price fell from 67.98p per share yesterday to a low of 44.98p at the time of writing.",
"Applied Graphene Materials set to raise more than £5.5m through share placing",
"The North East firm has released millions of shares to boost its working capital"
] |
|
[
"David Laister",
"Image",
"Reach Plc",
"Copyright Unknown"
] | 2021-01-25T16:08:42 | null | 2021-01-25T15:36:10 |
Hudgell sees fees drop but profits rise as quality edges quantity
|
https%3A%2F%2Fwww.business-live.co.uk%2Fprofessional-services%2Fhudgell-sees-fees-drop-profits-19696712.json
|
en
| null |
Hudgell sees fees drop but profits rise as quality edges quantity for high profile case fighter
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - Yorkshire & Humber Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
Quality over quantity was the focus for Hull law firm Neil Hudgell Ltd as it delivered an increased profit on a lower turnover.
And the personal injury specialist has warned that a consequence of Covid-19 could be a reduction in cases, as fewer claims are brought.
The Humber Quays headquartered firm, which has branched out to London and Manchester, saw fees come in at £9.8 million, down nearly 11 per cent on 2019’s £11 million record high.
However, profit was up from £189,801 to £312,029 in the latest financial results.
In his strategic report, sole director Neil Hudgell said: “Neil Hudgell Ltd delivered a solid trading year with a focus on attracting better quality work through solicitor networks, and less through online agency spend. A continued rationalisation of overheads was achieved, with a reduction in costs across the board, leading to increased profitability despite a marginal drop in revenue.
“The business is in robust shape to face the trading challenges which continue to present in the personal injury market place, particularly from increased competition in the medical negligence field and the run off of more lucrative funding arrangements.
(Image: Copyright unknown)
“New income streams in inquest and inquiry work were retained and improved alongside travel and abuse, to counter reduced volumes in personal injury caseloads and costs.”
He said that following the 2019 opening of the “prestigious St Peter’s Square, Manchester office” it has “performed well in the year, and continues to grow”.
Underlining the Top 200 UK law firm listing retention, Legal 500 praise and recognition from work on the Manchester Arena bombing and the Windrush and Post Office Horizon IT scandals, Mr Hudgell turned to coronavirus.
The former Hull KR chairman said: “The impact of Covid is likely to be felt a little later for the firm as less claims are being taken on during the pandemic, which may reduce the income in the future years, given the lifecycle of cases this could take 12 months to become apparent.”
Potential caseload acquisitions will be sought from those looking to exit the personal injury market, as it has done previously, he said.
A handful of support staff were furloughed during the pandemic, with the vast majority working from home. Staff numbers were down from 130 to 118.
Wilkin Chapman, the Humber’s largest law firm, has also recently filed “satisfactory” results, with turnover at £27.4 million - up 3.9 per cent from £26.3 million for the year to March 31, 2020 - the same period.
Profits were down 8.1 per cent from £9.2 million to £8.4 million. The Grimsby-headquartered firm anticipates future results of a similar nature. Staff numbers wre up from 404 to 41.1.
|
https://www.business-live.co.uk/professional-services/hudgell-sees-fees-drop-profits-19696712
|
en
| 2021-01-25T00:00:00 |
www.business-live.co.uk/993f609c7885c136db66a45325eec67fad42a65b6383a5c65701b51ab6ac5cda.json
|
[
"Sign up to FREE email alerts from BusinessLive - Yorkshire & Humber Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nQuality over quantity was the focus for Hull law firm Neil Hudgell Ltd as it delivered an increased profit on a lower turnover.\nAnd the personal injury specialist has warned that a consequence of Covid-19 could be a reduction in cases, as fewer claims are brought.\nThe Humber Quays headquartered firm, which has branched out to London and Manchester, saw fees come in at £9.8 million, down nearly 11 per cent on 2019’s £11 million record high.\nHowever, profit was up from £189,801 to £312,029 in the latest financial results.\nIn his strategic report, sole director Neil Hudgell said: “Neil Hudgell Ltd delivered a solid trading year with a focus on attracting better quality work through solicitor networks, and less through online agency spend. A continued rationalisation of overheads was achieved, with a reduction in costs across the board, leading to increased profitability despite a marginal drop in revenue.\n“The business is in robust shape to face the trading challenges which continue to present in the personal injury market place, particularly from increased competition in the medical negligence field and the run off of more lucrative funding arrangements.\n(Image: Copyright unknown)\n“New income streams in inquest and inquiry work were retained and improved alongside travel and abuse, to counter reduced volumes in personal injury caseloads and costs.”\nHe said that following the 2019 opening of the “prestigious St Peter’s Square, Manchester office” it has “performed well in the year, and continues to grow”.\nUnderlining the Top 200 UK law firm listing retention, Legal 500 praise and recognition from work on the Manchester Arena bombing and the Windrush and Post Office Horizon IT scandals, Mr Hudgell turned to coronavirus.\nThe former Hull KR chairman said: “The impact of Covid is likely to be felt a little later for the firm as less claims are being taken on during the pandemic, which may reduce the income in the future years, given the lifecycle of cases this could take 12 months to become apparent.”\nPotential caseload acquisitions will be sought from those looking to exit the personal injury market, as it has done previously, he said.\nA handful of support staff were furloughed during the pandemic, with the vast majority working from home. Staff numbers were down from 130 to 118.\nWilkin Chapman, the Humber’s largest law firm, has also recently filed “satisfactory” results, with turnover at £27.4 million - up 3.9 per cent from £26.3 million for the year to March 31, 2020 - the same period.\nProfits were down 8.1 per cent from £9.2 million to £8.4 million. The Grimsby-headquartered firm anticipates future results of a similar nature. Staff numbers wre up from 404 to 41.1.",
"Hudgell sees fees drop but profits rise as quality edges quantity for high profile case fighter",
"Hudgell sees fees drop but profits rise as quality edges quantity"
] |
|
[
"Tom Houghton",
"Image",
"Pa"
] | 2021-01-06T11:57:50 | null | 2021-01-06T11:04:14 |
His health firm used 'aggressive' trading practices, claiming to be linked to the NHS and applying mark ups of over 1,000%
|
https%3A%2F%2Fwww.business-live.co.uk%2Feconomic-development%2Fnorth-west-businessman-whose-firm-19571468.json
|
en
| null |
North West businessman whose firm 'took advantage of vulnerable people' handed nine-year ban
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - North West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
A North West health supplements businessman has been handed a nine-year ban after presiding over a firm that "took advantage of vulnerable people" by using "aggressive" trading practices.
Phillip Pass and his firm Young Forever Ltd was investigated by the Insolvency Service, which found the company was repeatedly cold calling vulnerable or elderly people using India-based call centres.
Victims told the Insolvency Service that staff said they were linked to the Government or NHS - applying "excessive mark ups" of over 1,000% and failing to keep "suitable accounting records".
Rob Clarke, chief investigator at the Insolvency Service, said: "Phillip Pass’s company took advantage of elderly and vulnerable people with their excessive cold calls and illegitimate orders.
"Phillip Pass claimed he did not have a day to day role but this was not a suitable defence as company directors are ultimately responsible for ensuring their business is operated with commercial honesty and decency.
"Nine years is a substantial disqualification and this ban means Phillip Pass has now been removed from being in control of any other businesses for a lengthy period."
Following the winding up of the company in February 2019, the service's official receiver conducted further investigations into the conduct of Mr Pass, who is from Brinscall in Chorley, Lancashire, as director of Young Forever.
Enquiries uncovered that while Mr Pass incorporated the company, he allowed all sales activities to be controlled by an overseas call centre, claiming he had no knowledge of what they were doing.
Bank statements showed that in just over a year between June 2018 and September 2019, Young Forever, whose headquarters were in London, made sales worth more than £147,000.
Sign up for your free BusinessLive North West newsletter BusinessLive is your home for business news from around the North West- and you can stay in touch with all the latest news from Greater Manchester, Liverpool City Region, Cheshire, Lancashire and Cumbria through our email alerts. You can sign up to receive daily morning news bulletins from every region we cover and to weekly email bulletins covering key economic sectors from manufacturing to technology and enterprise. And we'll send out breaking news alerts for any stories we think you can't miss. By bringing together North West coverage with that from across Reach’s titles in England and Wales, BusinessLive will shine a spotlight on the entrepreneurs, the stars of the future and the small firms that are the backbone of our economy. Visit our email preference centre to sign up to all the latest news from BusinessLive.
In December 2012, the Secretary of State accepted a disqualification undertaking from Mr Pass, after he did not dispute that he had caused Young Forever to trade with a lack of commercial probity and use improper sales techniques.
Effective from December 28, 2020, Mr Pass is banned for nine years from directly or indirectly becoming involved, without the permission of the court, in the promotion, formation or management of a company.
|
https://www.business-live.co.uk/economic-development/north-west-businessman-whose-firm-19571468
|
en
| 2021-01-06T00:00:00 |
www.business-live.co.uk/99a3da621572b935b623cf8a22c996c79249409703c6aeb5d0802000ffdee870.json
|
[
"Sign up to FREE email alerts from BusinessLive - North West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nA North West health supplements businessman has been handed a nine-year ban after presiding over a firm that \"took advantage of vulnerable people\" by using \"aggressive\" trading practices.\nPhillip Pass and his firm Young Forever Ltd was investigated by the Insolvency Service, which found the company was repeatedly cold calling vulnerable or elderly people using India-based call centres.\nVictims told the Insolvency Service that staff said they were linked to the Government or NHS - applying \"excessive mark ups\" of over 1,000% and failing to keep \"suitable accounting records\".\nRob Clarke, chief investigator at the Insolvency Service, said: \"Phillip Pass’s company took advantage of elderly and vulnerable people with their excessive cold calls and illegitimate orders.\n\"Phillip Pass claimed he did not have a day to day role but this was not a suitable defence as company directors are ultimately responsible for ensuring their business is operated with commercial honesty and decency.\n\"Nine years is a substantial disqualification and this ban means Phillip Pass has now been removed from being in control of any other businesses for a lengthy period.\"\nFollowing the winding up of the company in February 2019, the service's official receiver conducted further investigations into the conduct of Mr Pass, who is from Brinscall in Chorley, Lancashire, as director of Young Forever.\nEnquiries uncovered that while Mr Pass incorporated the company, he allowed all sales activities to be controlled by an overseas call centre, claiming he had no knowledge of what they were doing.\nBank statements showed that in just over a year between June 2018 and September 2019, Young Forever, whose headquarters were in London, made sales worth more than £147,000.\nSign up for your free BusinessLive North West newsletter BusinessLive is your home for business news from around the North West- and you can stay in touch with all the latest news from Greater Manchester, Liverpool City Region, Cheshire, Lancashire and Cumbria through our email alerts. You can sign up to receive daily morning news bulletins from every region we cover and to weekly email bulletins covering key economic sectors from manufacturing to technology and enterprise. And we'll send out breaking news alerts for any stories we think you can't miss. By bringing together North West coverage with that from across Reach’s titles in England and Wales, BusinessLive will shine a spotlight on the entrepreneurs, the stars of the future and the small firms that are the backbone of our economy. Visit our email preference centre to sign up to all the latest news from BusinessLive.\nIn December 2012, the Secretary of State accepted a disqualification undertaking from Mr Pass, after he did not dispute that he had caused Young Forever to trade with a lack of commercial probity and use improper sales techniques.\nEffective from December 28, 2020, Mr Pass is banned for nine years from directly or indirectly becoming involved, without the permission of the court, in the promotion, formation or management of a company.",
"North West businessman whose firm 'took advantage of vulnerable people' handed nine-year ban",
"His health firm used 'aggressive' trading practices, claiming to be linked to the NHS and applying mark ups of over 1,000%"
] |
|
[
"Coreena Ford",
"Image",
"Laurence Sweeney"
] | 2021-01-22T12:38:49 | null | 2021-01-22T12:17:47 |
Despite warning it cannot see a return to profit Zytronic has seen a lift in orders
|
https%3A%2F%2Fwww.business-live.co.uk%2Fmanufacturing%2Fgateshead-tech-manufacturer-zytronic-issues-19679975.json
|
en
| null |
Gateshead tech manufacturer Zytronic issues profit warning as Covid-19 hammers major markets
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - North East Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
A Gateshead touch screen sensor maker has issued a profit warning as the pandemic continues to impact major markets, despite seeing a lift in orders.
Zytronics’ products are used in all manner of screens including information desks, cash machines, casinos and rail ticketing machines, but the company was badly hit last year as the pandemic forced casinos to shut their doors.
At the end of last year the firm said it had made 67 of its 164 staff members redundant during a major restructure of its business – a 40% cut in the workforce – after the coronavirus pandemic led to sales falling from £20.1m in 2019 to £12.68m for the year ending September 30, 2020.
Now the specialist manufacturer has warned it may not see a return to profit before September because of Covid-19 restrictions.
In a trading update, the company said: “As announced in our final results, Zytronic has adjusted its operations to take into account lower levels of demand resulting from the ongoing Coronavirus pandemic and related restrictions.
“The downturn in sales experienced in the second half of last year has now levelled out at approximately £2.0m for the quarter to 30 September 2020 and the first quarter of this financial year to 31 December 2020.
“The reorganisation and cost reduction measures undertaken by management last year have enabled us to maintain a positive Ebitda and we have seen a slight increase in orders in the new financial year to date.
“However, with the constraints imposed by the Coronavirus pandemic, that are affecting our major overseas markets such as gaming, it is difficult to foresee a return to profits in this financial year, and a recovery to historic levels will depend on how quickly there is an effective vaccination programme enabling a return to normality.”
Shares in Zytronic initially fell 10% from 134.75p to 122p following the announcement, but had rebounded to 135p by noon.
|
https://www.business-live.co.uk/manufacturing/gateshead-tech-manufacturer-zytronic-issues-19679975
|
en
| 2021-01-22T00:00:00 |
www.business-live.co.uk/1abbf84067436edcc3c5dfa87380fc2dfa7374ac53f04f1d203b106b7b3358eb.json
|
[
"Sign up to FREE email alerts from BusinessLive - North East Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nA Gateshead touch screen sensor maker has issued a profit warning as the pandemic continues to impact major markets, despite seeing a lift in orders.\nZytronics’ products are used in all manner of screens including information desks, cash machines, casinos and rail ticketing machines, but the company was badly hit last year as the pandemic forced casinos to shut their doors.\nAt the end of last year the firm said it had made 67 of its 164 staff members redundant during a major restructure of its business – a 40% cut in the workforce – after the coronavirus pandemic led to sales falling from £20.1m in 2019 to £12.68m for the year ending September 30, 2020.\nNow the specialist manufacturer has warned it may not see a return to profit before September because of Covid-19 restrictions.\nIn a trading update, the company said: “As announced in our final results, Zytronic has adjusted its operations to take into account lower levels of demand resulting from the ongoing Coronavirus pandemic and related restrictions.\n“The downturn in sales experienced in the second half of last year has now levelled out at approximately £2.0m for the quarter to 30 September 2020 and the first quarter of this financial year to 31 December 2020.\n“The reorganisation and cost reduction measures undertaken by management last year have enabled us to maintain a positive Ebitda and we have seen a slight increase in orders in the new financial year to date.\n“However, with the constraints imposed by the Coronavirus pandemic, that are affecting our major overseas markets such as gaming, it is difficult to foresee a return to profits in this financial year, and a recovery to historic levels will depend on how quickly there is an effective vaccination programme enabling a return to normality.”\nShares in Zytronic initially fell 10% from 134.75p to 122p following the announcement, but had rebounded to 135p by noon.",
"Gateshead tech manufacturer Zytronic issues profit warning as Covid-19 hammers major markets",
"Despite warning it cannot see a return to profit Zytronic has seen a lift in orders"
] |
|
[
"Chris Pyke",
"Image",
"Zip World"
] | 2021-01-25T13:43:42 | null | 2021-01-25T13:22:21 |
The latest images from the new attraction show the base for the zip line being put in place
|
https%3A%2F%2Fwww.business-live.co.uk%2Feconomic-development%2Fzip-world-south-wales-nears-19692945.json
|
en
| null |
Zip World South Wales nears completion ahead of spring opening
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - Wales Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
The new Zip World site in South Wales is nearing completion and will open in the spring.
New photos from the site in Rhondda Cynon Taf show the venue is nearly ready to open.
The Phoenix zip line is set to be open from Friday, March 26 and the Tower Coaster will follow on April 9.
Phoenix is set to be the world’s fastest seated zip line, with four parallel lines in two separate zip zones. While, the Tower Coaster will see riders travel around the Tower Colliery site in a side-by-side kart. The kart’s speed is in the driver’s hands, allowing them to go as fast or as slow as they want.
The adrenaline attraction, the fourth from Zip World, secured a £4.5m loan from the City Deal for the Cardiff Capital Region at the end of last year.
The project will create an anchor visitor destination for the city region, which is made up of the 10 local authorities of the South East Wales. It is forecasting to attract a million visitors in its first five years.
The site is south of the villages of Rhigos and Hirwaun, covering an area of land on the Rhigos Mountain, located to the west of the A4061 highway between Blaenrhondda and Hirwaun.
(Image: Zip World) (Image: Zip World)
Plans for The Tower site in the Rhondda Cynon Taf were approved in 2019 and construction work was due to start earlier this year but was delayed due to the coronavirus pandemic. The park opening was pushed back to spring 2021 as a result.
According to the planning document it is estimated that the proposed Rhigos development will provide employment opportunities for eight full-time staff and 50 part-time staff when fully operational.
There are a number of tourist attractions in the area already, such as Penderyn Distillery, Garwnant Visitor Centre, Royal Mint, Cyfarthfa Park, and Bike Park Wales.
Zip World said it will work closely with these businesses, harnessing the power of their respective internationally recognised brands, to boost the region's tourism sector as it looks to a post-Covid upside.
(Image: Zip World) (Image: Zip World)
At the end of last year Cardiff Capital Region cabinet member of leader of Rhondda Cynon Taff Council, Andrew Morgan, said that he was delighted the Cabinet had approved the investment loan in Zip World.
Mr Morgan said: "This project is an ambitious scheme that promises to bring many benefits to our regional leisure and hospitality sector, which has suffered badly during the Covid-19 pandemic.
"It has the potential to bring an extra one million visitors to South Wales over the first five years, provide much needed sustainable employment opportunities for the local communities and provide a tremendous boost to the wider regional economy."
|
https://www.business-live.co.uk/economic-development/zip-world-south-wales-nears-19692945
|
en
| 2021-01-25T00:00:00 |
www.business-live.co.uk/75fe2d193438215ef587c99701fee2b92cef3bcd05a82d29a270cde17645cb9b.json
|
[
"Sign up to FREE email alerts from BusinessLive - Wales Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nThe new Zip World site in South Wales is nearing completion and will open in the spring.\nNew photos from the site in Rhondda Cynon Taf show the venue is nearly ready to open.\nThe Phoenix zip line is set to be open from Friday, March 26 and the Tower Coaster will follow on April 9.\nPhoenix is set to be the world’s fastest seated zip line, with four parallel lines in two separate zip zones. While, the Tower Coaster will see riders travel around the Tower Colliery site in a side-by-side kart. The kart’s speed is in the driver’s hands, allowing them to go as fast or as slow as they want.\nThe adrenaline attraction, the fourth from Zip World, secured a £4.5m loan from the City Deal for the Cardiff Capital Region at the end of last year.\nThe project will create an anchor visitor destination for the city region, which is made up of the 10 local authorities of the South East Wales. It is forecasting to attract a million visitors in its first five years.\nThe site is south of the villages of Rhigos and Hirwaun, covering an area of land on the Rhigos Mountain, located to the west of the A4061 highway between Blaenrhondda and Hirwaun.\n(Image: Zip World) (Image: Zip World)\nPlans for The Tower site in the Rhondda Cynon Taf were approved in 2019 and construction work was due to start earlier this year but was delayed due to the coronavirus pandemic. The park opening was pushed back to spring 2021 as a result.\nAccording to the planning document it is estimated that the proposed Rhigos development will provide employment opportunities for eight full-time staff and 50 part-time staff when fully operational.\nThere are a number of tourist attractions in the area already, such as Penderyn Distillery, Garwnant Visitor Centre, Royal Mint, Cyfarthfa Park, and Bike Park Wales.\nZip World said it will work closely with these businesses, harnessing the power of their respective internationally recognised brands, to boost the region's tourism sector as it looks to a post-Covid upside.\n(Image: Zip World) (Image: Zip World)\nAt the end of last year Cardiff Capital Region cabinet member of leader of Rhondda Cynon Taff Council, Andrew Morgan, said that he was delighted the Cabinet had approved the investment loan in Zip World.\nMr Morgan said: \"This project is an ambitious scheme that promises to bring many benefits to our regional leisure and hospitality sector, which has suffered badly during the Covid-19 pandemic.\n\"It has the potential to bring an extra one million visitors to South Wales over the first five years, provide much needed sustainable employment opportunities for the local communities and provide a tremendous boost to the wider regional economy.\"",
"Zip World South Wales nears completion ahead of spring opening",
"The latest images from the new attraction show the base for the zip line being put in place"
] |
|
[
"Tom Pegden"
] | 2021-01-06T11:58:10 | null | 2021-01-06T11:06:14 |
Retailer has closed the aisles at its 343 stores, but customers can still use its trade counters, online and click & collect
|
https%3A%2F%2Fwww.business-live.co.uk%2Fretail-consumer%2Ftopps-tiles-sales-up-prior-19571556.json
|
en
| null |
Topps Tiles sales up prior to latest lockdown - and business now debt free
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - East Midlands Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
Topps Tiles sales were up prior to the latest lockdown, although the recovery in its commercial business was taking longer than hoped.
The retailer – said to be the UK’s leading tile specialist – has closed all its aisles under the latest rules, but said customers can still use its trade counters, online store and click & collect services.
Topps, which has its national headquarters next to Junction 21 of the M1 just outside Leicester, said general retail sales for the last three months of 2020 were up almost 20 per cent on the same period in 2019.
It said there had been good growth in sales across both its main customer groups – professional fitters and homeowners.
That compared to a 5.4 per cent year-on-year drop in sales for the 2020 financial year, which took in the first national lockdown.
Despite the pandemic the business still wants to take £1 in every £5 spent on tiles and associated products in the UK by 2025 – growing its market share from the current 17 per cent.
Topps, which started trading in 1963, has 343 stores, four commercial showrooms and three trading websites. Chief executive Rob Parker said: “I am encouraged by our performance over the first quarter with our retail business performing very strongly, with like-for-like sales up by 19.9 per cent, and our commercial business on track with our plans.
“As we have done throughout the pandemic, we are continuing to put colleague and customer welfare first.
“While the latest lockdown restrictions will impact sales, at this stage it is very difficult to estimate the level of impact or how long this may last.
“The business remains well funded, is debt free, has a market leading offer and a clear strategic focus on achieving our goal of “1 in 5 by 2025”.
“The combination of these factors gives me confidence that Topps is well-positioned for growth as we emerge from the restrictions of the pandemic and the economy recovers.”
The trading update said all of its stores were “Covid-19 Secure” with enhanced cleaning and hygiene protocols in place, and because its products are classed as building materials it will continue to trade under the building supplies exemption.
The statement said: “We expect to see an impact on sales during the period of tighter restrictions and trading margins will come under some pressure due to the additional delivery costs associated with higher levels of online sales.
“The markets served by our commercial business are seeing a more protracted recovery from the impact of Covid-19 when compared to that witnessed in domestic RMI (repair, maintenance and improvements), however we expect to make progress within commercial this year.
“Our performance in commercial is in line with our plans and we remain committed to our strategy of disrupting the commercial market and constructing a market leader over the medium term.
“The group’s balance sheet is in a fundamentally stronger position compared with the first national lockdown in spring 2020 and, as at 26 December 2020, adjusted net cash was £28.5 million.
“During the first quarter we repaid a £5 million term loan drawn as part of the Coronavirus Large Business Interruption Loan Scheme, and cancelled an unused £5 million revolving credit facility under the same scheme.
“As such, the group is now debt-free.”
|
https://www.business-live.co.uk/retail-consumer/topps-tiles-sales-up-prior-19571556
|
en
| 2021-01-06T00:00:00 |
www.business-live.co.uk/36afab099f1e28892eb2176b20f90d6bb5c5721679112e2b23c2a310ede9b109.json
|
[
"Sign up to FREE email alerts from BusinessLive - East Midlands Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nTopps Tiles sales were up prior to the latest lockdown, although the recovery in its commercial business was taking longer than hoped.\nThe retailer – said to be the UK’s leading tile specialist – has closed all its aisles under the latest rules, but said customers can still use its trade counters, online store and click & collect services.\nTopps, which has its national headquarters next to Junction 21 of the M1 just outside Leicester, said general retail sales for the last three months of 2020 were up almost 20 per cent on the same period in 2019.\nIt said there had been good growth in sales across both its main customer groups – professional fitters and homeowners.\nThat compared to a 5.4 per cent year-on-year drop in sales for the 2020 financial year, which took in the first national lockdown.\nDespite the pandemic the business still wants to take £1 in every £5 spent on tiles and associated products in the UK by 2025 – growing its market share from the current 17 per cent.\nTopps, which started trading in 1963, has 343 stores, four commercial showrooms and three trading websites. Chief executive Rob Parker said: “I am encouraged by our performance over the first quarter with our retail business performing very strongly, with like-for-like sales up by 19.9 per cent, and our commercial business on track with our plans.\n“As we have done throughout the pandemic, we are continuing to put colleague and customer welfare first.\n“While the latest lockdown restrictions will impact sales, at this stage it is very difficult to estimate the level of impact or how long this may last.\n“The business remains well funded, is debt free, has a market leading offer and a clear strategic focus on achieving our goal of “1 in 5 by 2025”.\n“The combination of these factors gives me confidence that Topps is well-positioned for growth as we emerge from the restrictions of the pandemic and the economy recovers.”\nThe trading update said all of its stores were “Covid-19 Secure” with enhanced cleaning and hygiene protocols in place, and because its products are classed as building materials it will continue to trade under the building supplies exemption.\nThe statement said: “We expect to see an impact on sales during the period of tighter restrictions and trading margins will come under some pressure due to the additional delivery costs associated with higher levels of online sales.\n“The markets served by our commercial business are seeing a more protracted recovery from the impact of Covid-19 when compared to that witnessed in domestic RMI (repair, maintenance and improvements), however we expect to make progress within commercial this year.\n“Our performance in commercial is in line with our plans and we remain committed to our strategy of disrupting the commercial market and constructing a market leader over the medium term.\n“The group’s balance sheet is in a fundamentally stronger position compared with the first national lockdown in spring 2020 and, as at 26 December 2020, adjusted net cash was £28.5 million.\n“During the first quarter we repaid a £5 million term loan drawn as part of the Coronavirus Large Business Interruption Loan Scheme, and cancelled an unused £5 million revolving credit facility under the same scheme.\n“As such, the group is now debt-free.”",
"Topps Tiles sales up prior to latest lockdown - and business now debt free",
"Retailer has closed the aisles at its 343 stores, but customers can still use its trade counters, online and click & collect"
] |
|
[
"Hannah Baker"
] | 2021-01-12T10:47:41 | null | 2021-01-12T10:27:00 |
The Post House in Gloucester has been converted into 57 luxury properties
|
https%3A%2F%2Fwww.business-live.co.uk%2Fcommercial-property%2Fnew-management-old-royal-mail-19607686.json
|
en
| null |
New management for old Royal Mail sorting office building in Gloucester transformed into luxury homes
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - South West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
A major landmark building in Gloucester that has been transformed into luxury homes has come under new management.
Principle Estate Management will take over the responsibility for The Post House - part of the Royal Mail’s former sorting centre operations around two miles east of the city centre.
The building has been converted into 57 properties. Some 48 were built as part of phase one and another nine were constructed in phase two.
Principle was instructed to look after the properties in the first phase by Pier Management - the management arm of RG Capital Partners, who bought the freehold from development partners County to County Property Group and Elevate Property Group.
According to Principle, the second phase, which was a joint venture between County to County and Cape Homes, was under separate management. But the company said “an issue arose” because phase two was an extension of the original building.
“After quick problem solving and communications, all parties agreed that Principle would also take over the management of phase two,” a spokesperson for Principle said.
The original selling agent for the development in 2018 was Hamptons International.
Adam Jones, business integration manager at Principle said: “The outgoing agent has to provide us with a lot of information, but we try to make this easy in these circumstances and initially only ask for essential information, with the remainder following in manageable stages.”
The Post House is the third former Royal Mail building that Principle has in management.
Daniel Harrison, managing director of Pier Group, added: “Principle’s management approach has always impressed us and we knew they would be able to handle the complexities of The Post House.
“What’s important to us is that we know our instructions really matter to Principle, as they share our high standards for property management.
“We are pleased that Principle are able to help during this interim period of management as the freehold transferred in two stages. It makes sense to have the management all with one agent.”
|
https://www.business-live.co.uk/commercial-property/new-management-old-royal-mail-19607686
|
en
| 2021-01-12T00:00:00 |
www.business-live.co.uk/39cd3397e584fda6f112a29eb59a0eb34759a773ef8f429f82f79f4af1cce0a4.json
|
[
"Sign up to FREE email alerts from BusinessLive - South West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nA major landmark building in Gloucester that has been transformed into luxury homes has come under new management.\nPrinciple Estate Management will take over the responsibility for The Post House - part of the Royal Mail’s former sorting centre operations around two miles east of the city centre.\nThe building has been converted into 57 properties. Some 48 were built as part of phase one and another nine were constructed in phase two.\nPrinciple was instructed to look after the properties in the first phase by Pier Management - the management arm of RG Capital Partners, who bought the freehold from development partners County to County Property Group and Elevate Property Group.\nAccording to Principle, the second phase, which was a joint venture between County to County and Cape Homes, was under separate management. But the company said “an issue arose” because phase two was an extension of the original building.\n“After quick problem solving and communications, all parties agreed that Principle would also take over the management of phase two,” a spokesperson for Principle said.\nThe original selling agent for the development in 2018 was Hamptons International.\nAdam Jones, business integration manager at Principle said: “The outgoing agent has to provide us with a lot of information, but we try to make this easy in these circumstances and initially only ask for essential information, with the remainder following in manageable stages.”\nThe Post House is the third former Royal Mail building that Principle has in management.\nDaniel Harrison, managing director of Pier Group, added: “Principle’s management approach has always impressed us and we knew they would be able to handle the complexities of The Post House.\n“What’s important to us is that we know our instructions really matter to Principle, as they share our high standards for property management.\n“We are pleased that Principle are able to help during this interim period of management as the freehold transferred in two stages. It makes sense to have the management all with one agent.”",
"New management for old Royal Mail sorting office building in Gloucester transformed into luxury homes",
"The Post House in Gloucester has been converted into 57 luxury properties"
] |
|
[
"Owen Hughes",
"Image",
"Google Maps",
"Ian Cooper",
"Reach Plc"
] | 2021-01-29T11:37:50 | null | 2021-01-29T10:36:59 |
The banking giant will shut banks in Prestatyn and Flint
|
https%3A%2F%2Fwww.business-live.co.uk%2Feconomic-development%2Fbarclays-closing-two-branches-wales-19724929.json
|
en
| null |
Barclays closing two branches in Wales
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - Wales Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
Barclays has announced it is closing two branches in North Wales.
The banking giant will shut sites in Prestatyn and Flint this April and May.
They said it was due to falling customer use as people move to online.
Lisa McCormick, Barclays market director for North Wales, said: “The decision to close a branch is never an easy one.
"However, customers are increasingly using alternatives to branches to do their banking. As a result, we are seeing a sustained fall in branch visits across the UK.
(Image: Ian Cooper, Reach PLC)
“This is reflected at the Flint branch where there has been a 13 per cent reduction in counter transactions in the two years to March 2020. In addition, over four fifths (82 per cent) of our customers at the branch are also using different ways to bank.
“We will work with our customers and provide alternative options to ensure they can continue to manage their money and receive financial expertise when required."
On Prestatyn she added: "There has been a 14 per cent reduction in counter transactions in the two years to March 2020. In addition, over four fifths (84 per cent) of our customers at the branch are also using different ways to bank."
Prestatyn is losing three banks in five months with HSBC and TSB sites also closing.
Sign up to our BusinessLive Wales email service BusinessLive Wales is your new comprehensive home for business news from across Wales; from large corporates to exciting start-ups and sectors ranging from advanced manufacturing to financial and professional services. To sign up to our breaking news and daily newsletter service CLICK HERE.
As well as our in-depth early morning newsletter, we will be sending out regular breaking news email alerts.
Vale of Clwyd MP Dr James Davies said: "Today’s news is a huge blow for Prestatyn, particularly coming one week after HSBC’s announced closure and I have called for an urgent meeting with Barclays to discuss their decision and to emphasise the current situation in the town.
“Whilst I appreciate that in recent years there has been a surge in the use of online banking, there are still people, particularly the elderly, who like to bank in person."
To have your say on this story please use our comments section at the top of this article
|
https://www.business-live.co.uk/economic-development/barclays-closing-two-branches-wales-19724929
|
en
| 2021-01-29T00:00:00 |
www.business-live.co.uk/879b5b06afdc539cae776efdab017209655f1d286035c8f8692bbe7b1d358cb8.json
|
[
"Sign up to FREE email alerts from BusinessLive - Wales Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nBarclays has announced it is closing two branches in North Wales.\nThe banking giant will shut sites in Prestatyn and Flint this April and May.\nThey said it was due to falling customer use as people move to online.\nLisa McCormick, Barclays market director for North Wales, said: “The decision to close a branch is never an easy one.\n\"However, customers are increasingly using alternatives to branches to do their banking. As a result, we are seeing a sustained fall in branch visits across the UK.\n(Image: Ian Cooper, Reach PLC)\n“This is reflected at the Flint branch where there has been a 13 per cent reduction in counter transactions in the two years to March 2020. In addition, over four fifths (82 per cent) of our customers at the branch are also using different ways to bank.\n“We will work with our customers and provide alternative options to ensure they can continue to manage their money and receive financial expertise when required.\"\nOn Prestatyn she added: \"There has been a 14 per cent reduction in counter transactions in the two years to March 2020. In addition, over four fifths (84 per cent) of our customers at the branch are also using different ways to bank.\"\nPrestatyn is losing three banks in five months with HSBC and TSB sites also closing.\nSign up to our BusinessLive Wales email service BusinessLive Wales is your new comprehensive home for business news from across Wales; from large corporates to exciting start-ups and sectors ranging from advanced manufacturing to financial and professional services. To sign up to our breaking news and daily newsletter service CLICK HERE.\nAs well as our in-depth early morning newsletter, we will be sending out regular breaking news email alerts.\nVale of Clwyd MP Dr James Davies said: \"Today’s news is a huge blow for Prestatyn, particularly coming one week after HSBC’s announced closure and I have called for an urgent meeting with Barclays to discuss their decision and to emphasise the current situation in the town.\n“Whilst I appreciate that in recent years there has been a surge in the use of online banking, there are still people, particularly the elderly, who like to bank in person.\"\nTo have your say on this story please use our comments section at the top of this article",
"Barclays closing two branches in Wales",
"The banking giant will shut banks in Prestatyn and Flint"
] |
|
[
"Tom Pegden"
] | 2021-01-27T03:10:24 | null | 1970-12-07T00:00:00 |
Ms Cowley has become a partner at the firm having previously run the family law team for Gateley in Leicester
|
https%3A%2F%2Fwww.business-live.co.uk%2Fprofessional-services%2Fjane-cowley-rashmita-vadher-join-19700785.json
|
en
| null |
Jane Cowley and Rashmita Vadher join Geldards
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - East Midlands Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
Leicester lawyer Jane Cowley has joined the Geldards family team in Nottingham, along with new senior associate Rashmita Vadher.
Ms Cowley has become a partner at the firm having previously run the family law team for Gateley in Leicester.
She joined Gateley in 2016 and prior to that was head of family law and the East Midlands private client group at Howes Percival, in the same city.
Before that she was a partner and head of family law and private client at Harvey Ingram.
The new appointments will help further expand Geldards in the East Midlands and strengthen the expertise of its family team.
The firm offers a range of services to family clients including representation, family mediation, collaborative law and family arbitration.
Ms Cowley has a reputation for dealing with high net worth family law work, and is an authority on family law who is recognised in the Register of Legal Experts.
Her specialties include complex financial settlements, pre-nuptial arrangements, collaborative agreements and business/shareholder disputes.
Rashmita Vadher is an experienced and well-regarded matrimonial solicitor in the East Midlands, having practised as a sole practitioner for the past 10 years.
She has experience in dealing with medium to high net worth financial remedy cases and in private Children Act proceedings and advises on children and family matters with international elements.
Fiona Apthorpe, partner and head of family law at Geldards said: “We are delighted to welcome both Jane Cowley and Rashmita Vadher into the Geldards Family team in Nottingham.
“Both Jane and Rahsmita bring a wealth of experience to the team, complementing our existing specialist family team and helping fulfil our ambition to create the leading specialist matrimonial department in the East Midlands.“
|
https://www.business-live.co.uk/professional-services/jane-cowley-rashmita-vadher-join-19700785
|
en
| 1970-12-07T00:00:00 |
www.business-live.co.uk/9e181be2c3f4df407835b95b936e76e63aac819d0a9ddbbf56e8136330df79c6.json
|
[
"Sign up to FREE email alerts from BusinessLive - East Midlands Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nLeicester lawyer Jane Cowley has joined the Geldards family team in Nottingham, along with new senior associate Rashmita Vadher.\nMs Cowley has become a partner at the firm having previously run the family law team for Gateley in Leicester.\nShe joined Gateley in 2016 and prior to that was head of family law and the East Midlands private client group at Howes Percival, in the same city.\nBefore that she was a partner and head of family law and private client at Harvey Ingram.\nThe new appointments will help further expand Geldards in the East Midlands and strengthen the expertise of its family team.\nThe firm offers a range of services to family clients including representation, family mediation, collaborative law and family arbitration.\nMs Cowley has a reputation for dealing with high net worth family law work, and is an authority on family law who is recognised in the Register of Legal Experts.\nHer specialties include complex financial settlements, pre-nuptial arrangements, collaborative agreements and business/shareholder disputes.\nRashmita Vadher is an experienced and well-regarded matrimonial solicitor in the East Midlands, having practised as a sole practitioner for the past 10 years.\nShe has experience in dealing with medium to high net worth financial remedy cases and in private Children Act proceedings and advises on children and family matters with international elements.\nFiona Apthorpe, partner and head of family law at Geldards said: “We are delighted to welcome both Jane Cowley and Rashmita Vadher into the Geldards Family team in Nottingham.\n“Both Jane and Rahsmita bring a wealth of experience to the team, complementing our existing specialist family team and helping fulfil our ambition to create the leading specialist matrimonial department in the East Midlands.“",
"Jane Cowley and Rashmita Vadher join Geldards",
"Ms Cowley has become a partner at the firm having previously run the family law team for Gateley in Leicester"
] |
|
[
"Hannah Baker",
"Image",
"Birmingham Mail",
"Edf Energy"
] | 2021-01-08T13:07:30 | null | 2021-01-08T12:30:00 |
The nuclear plant wants to deposit hundreds of thousands of tonnes of sediment as part of works taking place under the Bristol Channel
|
https%3A%2F%2Fwww.business-live.co.uk%2Feconomic-development%2Fhinkley-point-power-station-could-19585823.json
|
en
| null |
Hinkley Point power station could dump mud near Somerset instead of South Wales
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - National Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
Controversial plans by nuclear power station Hinkley Point C to dump mud from the Bristol Channel into the sea off Cardiff Bay could be carried out near Somerset instead.
EDF Energy wants to deposit hundreds of thousands of tonnes of sediment as part of works to install water cooling tunnels under the channel.
It is considering two locations - Cardiff Grounds, two miles off the coast from the Welsh capital, and a private disposal site off Portishead on the English side of the water.
The South Wales site is the closest to EDF's offshore dredging operations, the company said, but it is understood the Portishead site would also have enough capacity for the disposal of the sediment - although it is further away.
The Bridgwater-based nuclear plant said it would complete its application later this month, with a public consultation following afterwards. It plans to resume mud dredging later in 2021.
The original mud dumping by the power station caused a backlash by environmental campaigners in Wales in 2018.
An online petition attracted hundreds of thousands of signatures and led to Wales’ Senedd undergoing a full debate over the issue.
(Image: EDF Energy)
Campaigners were concerned the mud could be contaminated with nuclear waste.
However, the claims were dismissed by EDF, Natural Resources Wales (NRW) and the Welsh Government, which said the sediment was no different to elsewhere in the channel and posed no threat to people or the environment.
EDF is making applications to NRW for the Cardiff Grounds licensed disposal site and to the Marine Management Organisation for the Portishead licensed disposal site.
The energy giant is planning to dump up to 469,000m3 of mud - compared to a previous estimate of 600,000m3.
Either Cardiff Grounds or Portishead will be used for the entirety of the disposal and the volume will not be split across the two sites.
EDF said its latest applications would include a full Environmental Impact Assessment (EIA) and the results and analysis of the latest testing of the sediment.
“Hinkley Point C is one of many companies - over many decades – which has dredged and deposited mud in the Bristol Channel for industrial or construction purposes,” an EDF spokesperson said.
“We will again comply with all requirements and fully support efforts to inform and explain the dredging work to the public.”
EDF said it had tested the mud “beyond internationally recognised best practice”, including tests for pure alpha emitting particles and tritium.
"We believe it is right to go beyond technical arguments to provide the necessary public confidence that all concerns have been addressed," the spokesperson added.
According to the energy company, the mud has to be disposed of within the Severn Area of Conservation (SAC) in order to maintain the balance of sediment and mud in the area.
The decision on which site will be used will be made at a later date, EDF said, and will be driven by regulatory approval and project schedule.
Get involved with the conversation in our comments section and follow us on Linkedin at BusinessLive
What are your thoughts on Hinkley Point's mud dumping? Be part of the conversation in the comments section below
|
https://www.business-live.co.uk/economic-development/hinkley-point-power-station-could-19585823
|
en
| 2021-01-08T00:00:00 |
www.business-live.co.uk/f109e1deb214cae2f23402f3272f8061e6f7b681427fadd19a48d9ed4ac0da9b.json
|
[
"Sign up to FREE email alerts from BusinessLive - National Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nControversial plans by nuclear power station Hinkley Point C to dump mud from the Bristol Channel into the sea off Cardiff Bay could be carried out near Somerset instead.\nEDF Energy wants to deposit hundreds of thousands of tonnes of sediment as part of works to install water cooling tunnels under the channel.\nIt is considering two locations - Cardiff Grounds, two miles off the coast from the Welsh capital, and a private disposal site off Portishead on the English side of the water.\nThe South Wales site is the closest to EDF's offshore dredging operations, the company said, but it is understood the Portishead site would also have enough capacity for the disposal of the sediment - although it is further away.\nThe Bridgwater-based nuclear plant said it would complete its application later this month, with a public consultation following afterwards. It plans to resume mud dredging later in 2021.\nThe original mud dumping by the power station caused a backlash by environmental campaigners in Wales in 2018.\nAn online petition attracted hundreds of thousands of signatures and led to Wales’ Senedd undergoing a full debate over the issue.\n(Image: EDF Energy)\nCampaigners were concerned the mud could be contaminated with nuclear waste.\nHowever, the claims were dismissed by EDF, Natural Resources Wales (NRW) and the Welsh Government, which said the sediment was no different to elsewhere in the channel and posed no threat to people or the environment.\nEDF is making applications to NRW for the Cardiff Grounds licensed disposal site and to the Marine Management Organisation for the Portishead licensed disposal site.\nThe energy giant is planning to dump up to 469,000m3 of mud - compared to a previous estimate of 600,000m3.\nEither Cardiff Grounds or Portishead will be used for the entirety of the disposal and the volume will not be split across the two sites.\nEDF said its latest applications would include a full Environmental Impact Assessment (EIA) and the results and analysis of the latest testing of the sediment.\n“Hinkley Point C is one of many companies - over many decades – which has dredged and deposited mud in the Bristol Channel for industrial or construction purposes,” an EDF spokesperson said.\n“We will again comply with all requirements and fully support efforts to inform and explain the dredging work to the public.”\nEDF said it had tested the mud “beyond internationally recognised best practice”, including tests for pure alpha emitting particles and tritium.\n\"We believe it is right to go beyond technical arguments to provide the necessary public confidence that all concerns have been addressed,\" the spokesperson added.\nAccording to the energy company, the mud has to be disposed of within the Severn Area of Conservation (SAC) in order to maintain the balance of sediment and mud in the area.\nThe decision on which site will be used will be made at a later date, EDF said, and will be driven by regulatory approval and project schedule.\nGet involved with the conversation in our comments section and follow us on Linkedin at BusinessLive\nWhat are your thoughts on Hinkley Point's mud dumping? Be part of the conversation in the comments section below",
"Hinkley Point power station could dump mud near Somerset instead of South Wales",
"The nuclear plant wants to deposit hundreds of thousands of tonnes of sediment as part of works taking place under the Bristol Channel"
] |
|
[
"Chris Pyke"
] | 2021-01-11T13:55:14 | null | 2021-01-11T12:37:20 |
Welsh companies registered a stronger degree of optimism regarding the outlook for output over the coming year
|
https%3A%2F%2Fwww.business-live.co.uk%2Fpartners%2Fbusiness-activity-wales-stabilised-end-19602390.json
|
en
| null |
Business activity in Wales stabilised at the end of 2020
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - National Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
Welsh business activity stabilised at the end of 2020, according to a new report.
According to the latest NatWest PMI report Wales saw a renewed and solid rise in business, its fastest increase in cost burdens since August 2018, and business confidence at its highest since April 2014.
The NatWest Wales Business Activity Index, a seasonally adjusted index that measures the month-on-month change in the combined output of the region’s manufacturing and service sectors, registered 49.9 in December, up from 46.6 in November, to signal broadly unchanged output levels across the Welsh private sector. Where an increase in activity was noted, some firms linked this to a post-circuit breaker lockdown boost in demand. That said, others stated that ongoing restrictions continued to stymie any growth opportunities.
Welsh private sector firms signalled a renewed and solid rise in new business at the end of 2020. The upturn was linked to stronger client demand, with some noting stockpiling among clients before Brexit. The expansion contrasted with the UK average which signalled a fractional decline in new orders. Of the 12 monitored UK areas, Wales indicated the second-fastest rise in new business (behind Yorkshire & Humber).
Welsh companies registered a stronger degree of optimism regarding the outlook for output over the coming year in December. The uptick in confidence was reportedly due to hopes that the Covid-19 pandemic will be controlled over the coming year and an economic recovery will begin. The level of positive sentiment was the strongest since April 2014 and slightly greater than the UK average.
Welsh private sector firms signalled another monthly decline in workforce numbers in December. The decrease in employment was reportedly due to cost-cutting measures and redundancies. While the rate of job shedding eased to the slowest in the current ten-month sequence of reduction, it was quicker than the UK average.
The level of outstanding business fell for the second successive month at the end of 2020. The solid decrease in backlogs of work was quicker than both the long-run series average and the UK trend. The depletion was attributed by firms to historically weak inflows of new orders.
Sign up to our BusinessLive Wales email service BusinessLive Wales is your new comprehensive home for business news from across Wales; from large corporates to exciting start-ups and sectors ranging from advanced manufacturing to financial and professional services. To sign up to our breaking news and daily newsletter service CLICK HERE.
As well as our in-depth early morning newsletter, we will be sending out regular breaking news email alerts.
Private sector firms operating in Wales registered an acceleration in the rate of input price inflation in December. The pace of increase was the fastest since August 2018 and marked overall. Higher supplier prices were often linked to raw material shortages and greater freight costs due to shipping issues. The rate of cost inflation was quicker than the UK average.
Average output charges continued to rise across the Welsh private sector at the end of 2020. Firms commonly attributed higher selling prices to the pass-through of greater cost burdens to clients. The rate of inflation quickened from that seen in November, but was only modest overall and slower than the long-run series average. The pace of increase was, however, faster than the trend seen across the UK as a whole.
Kevin Morgan, NatWest Wales Regional Board, said: “Welsh private sector firms registered broadly stable output levels in December, following the end of the circuit breaker lockdown in November. There was a boost to sales as new order inflows rose for the first time since September. Although still apprehensive in expanding their workforce numbers due to cost-cutting efforts and short-term COVID-19 uncertainty, business confidence regarding the year ahead outlook improved.
“The impact of the pandemic on supply chains remained evident, however, as greater freight costs and raw material shortages pushed input costs up markedly. Although firms largely raised their selling prices, the pace of increase in input prices outpaced that of charges.”
|
https://www.business-live.co.uk/partners/business-activity-wales-stabilised-end-19602390
|
en
| 2021-01-11T00:00:00 |
www.business-live.co.uk/722ccf19c2b5bdaa23c3b7d64ecdce92fb4954515d30827fb85434993df81f04.json
|
[
"Sign up to FREE email alerts from BusinessLive - National Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nWelsh business activity stabilised at the end of 2020, according to a new report.\nAccording to the latest NatWest PMI report Wales saw a renewed and solid rise in business, its fastest increase in cost burdens since August 2018, and business confidence at its highest since April 2014.\nThe NatWest Wales Business Activity Index, a seasonally adjusted index that measures the month-on-month change in the combined output of the region’s manufacturing and service sectors, registered 49.9 in December, up from 46.6 in November, to signal broadly unchanged output levels across the Welsh private sector. Where an increase in activity was noted, some firms linked this to a post-circuit breaker lockdown boost in demand. That said, others stated that ongoing restrictions continued to stymie any growth opportunities.\nWelsh private sector firms signalled a renewed and solid rise in new business at the end of 2020. The upturn was linked to stronger client demand, with some noting stockpiling among clients before Brexit. The expansion contrasted with the UK average which signalled a fractional decline in new orders. Of the 12 monitored UK areas, Wales indicated the second-fastest rise in new business (behind Yorkshire & Humber).\nWelsh companies registered a stronger degree of optimism regarding the outlook for output over the coming year in December. The uptick in confidence was reportedly due to hopes that the Covid-19 pandemic will be controlled over the coming year and an economic recovery will begin. The level of positive sentiment was the strongest since April 2014 and slightly greater than the UK average.\nWelsh private sector firms signalled another monthly decline in workforce numbers in December. The decrease in employment was reportedly due to cost-cutting measures and redundancies. While the rate of job shedding eased to the slowest in the current ten-month sequence of reduction, it was quicker than the UK average.\nThe level of outstanding business fell for the second successive month at the end of 2020. The solid decrease in backlogs of work was quicker than both the long-run series average and the UK trend. The depletion was attributed by firms to historically weak inflows of new orders.\nSign up to our BusinessLive Wales email service BusinessLive Wales is your new comprehensive home for business news from across Wales; from large corporates to exciting start-ups and sectors ranging from advanced manufacturing to financial and professional services. To sign up to our breaking news and daily newsletter service CLICK HERE.\nAs well as our in-depth early morning newsletter, we will be sending out regular breaking news email alerts.\nPrivate sector firms operating in Wales registered an acceleration in the rate of input price inflation in December. The pace of increase was the fastest since August 2018 and marked overall. Higher supplier prices were often linked to raw material shortages and greater freight costs due to shipping issues. The rate of cost inflation was quicker than the UK average.\nAverage output charges continued to rise across the Welsh private sector at the end of 2020. Firms commonly attributed higher selling prices to the pass-through of greater cost burdens to clients. The rate of inflation quickened from that seen in November, but was only modest overall and slower than the long-run series average. The pace of increase was, however, faster than the trend seen across the UK as a whole.\nKevin Morgan, NatWest Wales Regional Board, said: “Welsh private sector firms registered broadly stable output levels in December, following the end of the circuit breaker lockdown in November. There was a boost to sales as new order inflows rose for the first time since September. Although still apprehensive in expanding their workforce numbers due to cost-cutting efforts and short-term COVID-19 uncertainty, business confidence regarding the year ahead outlook improved.\n“The impact of the pandemic on supply chains remained evident, however, as greater freight costs and raw material shortages pushed input costs up markedly. Although firms largely raised their selling prices, the pace of increase in input prices outpaced that of charges.”",
"Business activity in Wales stabilised at the end of 2020",
"Welsh companies registered a stronger degree of optimism regarding the outlook for output over the coming year"
] |
|
[
"Owen Hughes",
"Image",
"Radar Pr"
] | 2021-01-27T07:39:02 | null | 2021-01-27T07:00:00 |
Celtic Financial Planning has already gone from three to nine staff since setting up in 2018
|
https%3A%2F%2Fwww.business-live.co.uk%2Feconomic-development%2Fmold-financial-advisory-firm-expanding-19706575.json
|
en
| null |
Mold financial advisory firm expanding with acquisition in North West of England
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - Wales Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
A financial advisory firm is expanding into the North West of England and looking to grow its workforce following a successful acquisition.
In less than three years, Celtic Financial Planning has gone from three to nine staff, delivering independent financial advice on a wide range of themes, from mortgages and insurance to pensions and investment strategies.
Led by directors Rob Lewis and Nigel Dale, the multi award-winning Mold company serves North Wales but has clients across the UK, from London to the Isle of Arran.
And in recent weeks they have completed the takeover of the financial advisory arm of Widnes-based Halton Insurance Services, a move that will bring a further £20m of funds and up to 100 customers under their management.
Rob and wife Ella – also part of the team – wanted to bring a “family feel” to what is a traditionally antiquated arena, a point reinforced by alarming new figures revealing more than half of independent financial advisers operating in the UK today will retire within the next 10 years.
They have done that while securing 250% growth since launching in 2018, and there is still more to come.
“We always wanted to do things differently, to be a breath of fresh air in this industry with a more digital, technological approach,” said Rob.
“We have done that, but also retained our core beliefs, which is in treating clients the way they deserve to be treated – with honesty and transparency, as if they were a part of the family.”
He added: “That has served us well; in the beginning it was just Nigel, Ella and myself, and now we have a dynamic team of nine.
“With the exciting acquisition of what is a reputable, established firm in the North West, we are recruiting for two new members of staff and will look to hopefully add two more later in the year.”
Rob, 33, had dreams of becoming an architect as a young boy, but after joining a mortgage lender straight out of high school, he designed and built an alternative career for himself.
Now marking 15 years in the financial sector, he gives back to the community as part of the North Wales Social platform and is the driving force behind the Celtic Community Network, bringing businesspeople together to share best practice, advice, and guidance, while promoting each other’s services.
Celtic Financial Planning is also key sponsor of the Cheshire and North Wales Law Society, and, during the first Coronavirus lockdown, purchased a 3D printer and began manufacturing and distributing PPE (personal protective equipment) to local schools and frontline workers.
Sign up to our BusinessLive Wales email service BusinessLive Wales is your new comprehensive home for business news from across Wales; from large corporates to exciting start-ups and sectors ranging from advanced manufacturing to financial and professional services. To sign up to our breaking news and daily newsletter service CLICK HERE.
As well as our in-depth early morning newsletter, we will be sending out regular breaking news email alerts.
With further expansion plans in the pipeline, he says they will continue to work through the pandemic as safely and securely as possible, while trying to support other companies when they need it most.
“Like every other industry we have had our challenges, but you just have to keep going, think outside the box and do the best you can,” he said.
“That way of thinking is going to be needed in the future, which is why we are working with others in this field to try and attract and educate the next generation of financial advisers.
“Over the next 10 years, more than half of current IFAs will be retiring; demand for advice is going up and the number of people giving advice is going down, so it’s a real crisis.”
To have your say on this story please use our comments section at the top of this article
|
https://www.business-live.co.uk/economic-development/mold-financial-advisory-firm-expanding-19706575
|
en
| 2021-01-27T00:00:00 |
www.business-live.co.uk/3be005311d01ac1acce90d3ac5e76f28ffb56eb58b03634f4f09b774e4b65455.json
|
[
"Sign up to FREE email alerts from BusinessLive - Wales Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nA financial advisory firm is expanding into the North West of England and looking to grow its workforce following a successful acquisition.\nIn less than three years, Celtic Financial Planning has gone from three to nine staff, delivering independent financial advice on a wide range of themes, from mortgages and insurance to pensions and investment strategies.\nLed by directors Rob Lewis and Nigel Dale, the multi award-winning Mold company serves North Wales but has clients across the UK, from London to the Isle of Arran.\nAnd in recent weeks they have completed the takeover of the financial advisory arm of Widnes-based Halton Insurance Services, a move that will bring a further £20m of funds and up to 100 customers under their management.\nRob and wife Ella – also part of the team – wanted to bring a “family feel” to what is a traditionally antiquated arena, a point reinforced by alarming new figures revealing more than half of independent financial advisers operating in the UK today will retire within the next 10 years.\nThey have done that while securing 250% growth since launching in 2018, and there is still more to come.\n“We always wanted to do things differently, to be a breath of fresh air in this industry with a more digital, technological approach,” said Rob.\n“We have done that, but also retained our core beliefs, which is in treating clients the way they deserve to be treated – with honesty and transparency, as if they were a part of the family.”\nHe added: “That has served us well; in the beginning it was just Nigel, Ella and myself, and now we have a dynamic team of nine.\n“With the exciting acquisition of what is a reputable, established firm in the North West, we are recruiting for two new members of staff and will look to hopefully add two more later in the year.”\nRob, 33, had dreams of becoming an architect as a young boy, but after joining a mortgage lender straight out of high school, he designed and built an alternative career for himself.\nNow marking 15 years in the financial sector, he gives back to the community as part of the North Wales Social platform and is the driving force behind the Celtic Community Network, bringing businesspeople together to share best practice, advice, and guidance, while promoting each other’s services.\nCeltic Financial Planning is also key sponsor of the Cheshire and North Wales Law Society, and, during the first Coronavirus lockdown, purchased a 3D printer and began manufacturing and distributing PPE (personal protective equipment) to local schools and frontline workers.\nSign up to our BusinessLive Wales email service BusinessLive Wales is your new comprehensive home for business news from across Wales; from large corporates to exciting start-ups and sectors ranging from advanced manufacturing to financial and professional services. To sign up to our breaking news and daily newsletter service CLICK HERE.\nAs well as our in-depth early morning newsletter, we will be sending out regular breaking news email alerts.\nWith further expansion plans in the pipeline, he says they will continue to work through the pandemic as safely and securely as possible, while trying to support other companies when they need it most.\n“Like every other industry we have had our challenges, but you just have to keep going, think outside the box and do the best you can,” he said.\n“That way of thinking is going to be needed in the future, which is why we are working with others in this field to try and attract and educate the next generation of financial advisers.\n“Over the next 10 years, more than half of current IFAs will be retiring; demand for advice is going up and the number of people giving advice is going down, so it’s a real crisis.”\nTo have your say on this story please use our comments section at the top of this article",
"Mold financial advisory firm expanding with acquisition in North West of England",
"Celtic Financial Planning has already gone from three to nine staff since setting up in 2018"
] |
|
[
"Graeme Whitfield"
] | 2021-01-15T10:35:46 | null | 1936-03-26T00:00:00 |
The Northern Research Group said businesses and families are facing a series of 'cliff edges' and need more support to get them through the pandemic
|
https%3A%2F%2Fwww.business-live.co.uk%2Feconomic-development%2Fnorthern-tory-mps-call-business-19630256.json
|
en
| null |
Northern Tory MPs call for business rates holiday to be extended
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - National Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
An influential group of Conservative MPs representing seats across the North has called for the business rates holiday to be extended.
The Northern Research Group, which also includes Tees Valley mayor Ben Houchen, says businesses and families face a series of 'cliff edges' over the next few months and will need more support at the coronavirus pandemic continues.
The call from the group of 65 MPs comes as new figures showed the UK economy shrank by 2.6% month-on-month in November after England was placed in lockdown for a second time. The Office for National Statistics said UK gross domestic product at the end of November was 8.5% below its pre-pandemic peak, with the country heading for a double-dip recession.
The MPs have welcomed the Government's creation of a £4bn Levelling-Up Fund but say that “extensions are necessary to protect families and individuals caught up in the economic fallout from the pandemic.”
The group also wants Chancellor Rishi Sunak – himself an MP representing a Northern constituency - to help the region’s economic recovery by prioritising small regional infrastructure projects, moving more government departments out of London, and fully-financing Town Deals and High Street projects.
Former Northern Powerhouse Minister Jake Berry, who chairs the Northern Research Group, said: “The North has endured one form of restriction of another for almost 12 months. Lockdowns - although necessary while we wait for the vaccine to be rolled-out - only entrench and compound disadvantage already felt by those communities this Government has promised to level-up.
“Households and businesses face a series of challenges over the coming months as existing support programmes come to an end. And whilst we welcome the unprecedented support provided by this government for those impacted by this virus, to relinquish support now would cause long-term damage to large parts of the North and weaken our recovery.
“Now is the time for the Treasury to provide stability - not uncertainty - to people across the country, by confirming it will stick to task and continue supporting families and businesses as we recover from this pandemic by extending a number of the support measures available.”
The MPs have called for a range of measures ahead of Mr Sunak's March Budget, including better connectivity with Scotland and Wales, moving part of the Treasury to Teesside, extending the business rates holiday and reducing VAT to 5% for businesses in leisure and tourism.
It also called for the £20 Universal Credit increase to be maintained until the lockdown is lifted.
Mr Houchen said: “As the vaccine programme scales-up, we need to make sure businesses have the support they need to protect jobs and people’s livelihoods. But we also need to prepare for our long-term economic recovery.
“That’s why I’m delighted that MPs from across the North of England, Scotland, and Wales back my plans to move government departments out of London to non-metropolitan areas such as Teesside, to create highly-skilled, highly-paid jobs.
“They recognise that swapping one metropolitan city, like London, for another, like Manchester, is not going to lead to more investment or better policy making for our towns, villages and rural areas this government promised to ‘level-up’.
“Moving government departments to communities like Teesside however will help them better understand the systemic challenges we face, the investment we need, and will lead to better outcomes and opportunities for local people.”
|
https://www.business-live.co.uk/economic-development/northern-tory-mps-call-business-19630256
|
en
| 1936-03-26T00:00:00 |
www.business-live.co.uk/e2fd5b6da34e9086deca8c30207bfd658e8d85f67b614b85064bc174daa29a2d.json
|
[
"Sign up to FREE email alerts from BusinessLive - National Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nAn influential group of Conservative MPs representing seats across the North has called for the business rates holiday to be extended.\nThe Northern Research Group, which also includes Tees Valley mayor Ben Houchen, says businesses and families face a series of 'cliff edges' over the next few months and will need more support at the coronavirus pandemic continues.\nThe call from the group of 65 MPs comes as new figures showed the UK economy shrank by 2.6% month-on-month in November after England was placed in lockdown for a second time. The Office for National Statistics said UK gross domestic product at the end of November was 8.5% below its pre-pandemic peak, with the country heading for a double-dip recession.\nThe MPs have welcomed the Government's creation of a £4bn Levelling-Up Fund but say that “extensions are necessary to protect families and individuals caught up in the economic fallout from the pandemic.”\nThe group also wants Chancellor Rishi Sunak – himself an MP representing a Northern constituency - to help the region’s economic recovery by prioritising small regional infrastructure projects, moving more government departments out of London, and fully-financing Town Deals and High Street projects.\nFormer Northern Powerhouse Minister Jake Berry, who chairs the Northern Research Group, said: “The North has endured one form of restriction of another for almost 12 months. Lockdowns - although necessary while we wait for the vaccine to be rolled-out - only entrench and compound disadvantage already felt by those communities this Government has promised to level-up.\n“Households and businesses face a series of challenges over the coming months as existing support programmes come to an end. And whilst we welcome the unprecedented support provided by this government for those impacted by this virus, to relinquish support now would cause long-term damage to large parts of the North and weaken our recovery.\n“Now is the time for the Treasury to provide stability - not uncertainty - to people across the country, by confirming it will stick to task and continue supporting families and businesses as we recover from this pandemic by extending a number of the support measures available.”\nThe MPs have called for a range of measures ahead of Mr Sunak's March Budget, including better connectivity with Scotland and Wales, moving part of the Treasury to Teesside, extending the business rates holiday and reducing VAT to 5% for businesses in leisure and tourism.\nIt also called for the £20 Universal Credit increase to be maintained until the lockdown is lifted.\nMr Houchen said: “As the vaccine programme scales-up, we need to make sure businesses have the support they need to protect jobs and people’s livelihoods. But we also need to prepare for our long-term economic recovery.\n“That’s why I’m delighted that MPs from across the North of England, Scotland, and Wales back my plans to move government departments out of London to non-metropolitan areas such as Teesside, to create highly-skilled, highly-paid jobs.\n“They recognise that swapping one metropolitan city, like London, for another, like Manchester, is not going to lead to more investment or better policy making for our towns, villages and rural areas this government promised to ‘level-up’.\n“Moving government departments to communities like Teesside however will help them better understand the systemic challenges we face, the investment we need, and will lead to better outcomes and opportunities for local people.”",
"Northern Tory MPs call for business rates holiday to be extended",
"The Northern Research Group said businesses and families are facing a series of 'cliff edges' and need more support to get them through the pandemic"
] |
|
[
"Hannah Baker",
"Image",
"Michael Lloyd Photography"
] | 2021-01-05T08:18:43 | null | 2021-01-05T08:00:00 |
The Galleries first opened in 1991 but has struggled to compete with more upmarket Cabot Circus in recent years
|
https%3A%2F%2Fwww.business-live.co.uk%2Fretail-consumer%2Fgalleries-shopping-centre-bristol-transformed-19561406.json
|
en
| null |
The Galleries shopping centre in Bristol to be transformed into mixed-use development
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - South West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
The transformation of a 30-year-old Bristol shopping centre could be one of the “most exciting” development opportunities in Britain in the next decade, a commercial property expert in the city has said.
The Galleries, in Broadmead, is set to be turned into a mixed-used development over the next five to 10 years, according to Tim Davis, head of the Bristol office of real estate company Cushman & Wakefield.
It is not yet known what the development will include but it will have at least two different uses. This could be a mixture of residential property, offices or retail space.
Mr Davis said: “The repurposing of Broadmead shopping centre in Bristol over the next five to 10 years to a mixed-use offer is probably one of the most exciting development opportunities in the UK.”
The Galleries was originally opened in 1991 but has struggled in recent years to compete with upmarket rival Cabot Circus.
It has failed to attract higher-end stores - and has seen numerous chains, including discount shops such as Poundworld, disappearing.
In 2019, the centre was sold off by global investment firm InfraRed Capital to LaSalle Investment Management for around £32million - down on the £50.1million it was sold for in January 2011.
Mr Davis said mixed-use schemes, such as the one planned for the Galleries, will become "essential" to town centres in the future. The news follows the collapse of dozens of big-name high street chains in 2020.
He said: “Logistics and retail sectors are increasingly linked as the growth of e-commerce continues accelerated by Covid-19.
“The buoyant former is set be strong, while the latter is still looking for solid ground, with more CVAs likely post-Christmas.
“Retail will need to focus ever more on the customer experience in physical shops, with future placemaking and mixed-uses in our town centres essential.”
According to Mr Davis, Bristol’s commercial property market is likely to bounce back from the current economic downturn quicker than other regional cities.
Sign up for more business news straight to your inbox Stay up to date with our daily newsletter, email breaking news alerts and weekly round-ups. To sign up, find out more and see all of our newsletters, follow the link here
He said the University of Bristol’s growth will also feed the need for further purpose-built student accommodation in the coming years.
“We anticipate further mixed-use schemes coming forward in 2021 with scalable build-to-rent product, as the much-needed development pipeline continues to grow," he added.
“2021 should see the largest release of new product with around 495 apartments due to open.”
|
https://www.business-live.co.uk/retail-consumer/galleries-shopping-centre-bristol-transformed-19561406
|
en
| 2021-01-05T00:00:00 |
www.business-live.co.uk/6f223c6b5a7342a3e00355277d3516c1fe11cfbca8c1754fbe26fb37e0894033.json
|
[
"Sign up to FREE email alerts from BusinessLive - South West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nThe transformation of a 30-year-old Bristol shopping centre could be one of the “most exciting” development opportunities in Britain in the next decade, a commercial property expert in the city has said.\nThe Galleries, in Broadmead, is set to be turned into a mixed-used development over the next five to 10 years, according to Tim Davis, head of the Bristol office of real estate company Cushman & Wakefield.\nIt is not yet known what the development will include but it will have at least two different uses. This could be a mixture of residential property, offices or retail space.\nMr Davis said: “The repurposing of Broadmead shopping centre in Bristol over the next five to 10 years to a mixed-use offer is probably one of the most exciting development opportunities in the UK.”\nThe Galleries was originally opened in 1991 but has struggled in recent years to compete with upmarket rival Cabot Circus.\nIt has failed to attract higher-end stores - and has seen numerous chains, including discount shops such as Poundworld, disappearing.\nIn 2019, the centre was sold off by global investment firm InfraRed Capital to LaSalle Investment Management for around £32million - down on the £50.1million it was sold for in January 2011.\nMr Davis said mixed-use schemes, such as the one planned for the Galleries, will become \"essential\" to town centres in the future. The news follows the collapse of dozens of big-name high street chains in 2020.\nHe said: “Logistics and retail sectors are increasingly linked as the growth of e-commerce continues accelerated by Covid-19.\n“The buoyant former is set be strong, while the latter is still looking for solid ground, with more CVAs likely post-Christmas.\n“Retail will need to focus ever more on the customer experience in physical shops, with future placemaking and mixed-uses in our town centres essential.”\nAccording to Mr Davis, Bristol’s commercial property market is likely to bounce back from the current economic downturn quicker than other regional cities.\nSign up for more business news straight to your inbox Stay up to date with our daily newsletter, email breaking news alerts and weekly round-ups. To sign up, find out more and see all of our newsletters, follow the link here\nHe said the University of Bristol’s growth will also feed the need for further purpose-built student accommodation in the coming years.\n“We anticipate further mixed-use schemes coming forward in 2021 with scalable build-to-rent product, as the much-needed development pipeline continues to grow,\" he added.\n“2021 should see the largest release of new product with around 495 apartments due to open.”",
"The Galleries shopping centre in Bristol to be transformed into mixed-use development",
"The Galleries first opened in 1991 but has struggled to compete with more upmarket Cabot Circus in recent years"
] |
|
[
"David Laister",
"Image",
"Shared Agenda",
"Reach Plc",
"Sewell Group"
] | 2021-01-21T12:10:49 | null | 2021-01-21T11:24:36 |
Big interview as Shared Agenda boss takes on property-focused businesses of Hull-headquartered group
|
https%3A%2F%2Fwww.business-live.co.uk%2Fcommercial-property%2Fpeople-places-passions-behind-sewells-19670151.json
|
en
| null |
People and places are the passions behind Sewell's new managing director as she plots for progress
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - Yorkshire & Humber Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
A passion for places and a talent for collaborating to make them better has propelled Jo Barnes to the forefront of Sewell Group’s property-focused interests. David Laister spoke with the new Sewell Estates managing director.
Jo Barnes’ all-embracing attitude is as welcome as some of the key projects she has been involved with in the two decades in which she has made Hull home.
She’s even picked up the East Yorkshire accent, to the mock-dismay of some of her red rose relatives. It will come as no surprise to many though, having spent so much of that time talking to people who have the area’s identity running through their own DNA.
Prior to joining one of the area’s foremost ambassadors in construction entrepreneur Paul Sewell in 2008, she had been a key part of regeneration projects in the city.
“I've always been fascinated with changing places and working in regeneration and property development, because there is nothing like driving around a city or a town that you have been involved in and seeing what used to be a muddy industrial site now is a fantastic school, health centre on commercial building - where people are employed, people are receiving care or being educated. Being brought up with economic development I am obsessed with keeping the pound local.”
From Colne, Lancashire, she headed to Newcastle to study economics, and her chosen career path quickly became apparent.
“Part of the course was looking at urban development and I got really interested in that rather than the economic modelling and statistical analysis. How you need to change a place to encourage prosperity and increase life chances - I loved it.”
Fife in Scotland offered that opportunity with the economic development team in the local authority serving Dundee, before a move back to her native Lancashire with Pendle Borough Council.
(Image: Reach Plc)
It saw her involved in derelict land reclamation schemes, working with developers - and she loved the property side of it.
Next she headed east on the M62 to join the River Hull Corridor Programme with City Vision, and found herself feeding into the city masterplan alongside the local authority and regional development agency. It saw urban regeneration firm City Build formed, and from it spawned the Fruit Market, Humber Quays, St Stephens and Quay West.
She takes pleasure in a 75 per cent success rate with major projects there - with hopes for the latter still harboured.
“I’d always dreamed of running my own business, and the opportunity came along with Citycare,” she said of her introduction to Sewell Group. “It was not my business, but I was allowed to run it as if it was - that’s what Paul promised me, with NHS colleagues in the public/private partnership.
“We did more development in the first four years than I'd ever done previously, an excellent public-private partnership model. We also did advisory work and through that I decided I was ready for a change, and I was encouraged to do it within the group. I set up Shared Agenda, we asked the NHS if they wanted to be a partner, and they said yes. Shared Agenda was born.
“I am continuing to be managing director of Shared Agenda. That was one of the things I wanted to do and I'd had discussions about that when taking this role.
“I've got a fantastic team, a growing team - it has increased by 50 per cent over the past year - and we acquired another really exciting young company recently. There is some really exciting work, a lot of which is in acute sectors - education, health and care. I didn't want to stop moving that forward. It is fantastic work and feels quite valuable when you look at some of the solutions we are finding for our customers.
(Image: Reach Plc)
“We have made promotions in that team, people have matured and stepped up, which has helped create space in my diary for the broader role.”
So how did that role come about. Mr Sewell, who released his autobiography in the first lockdown, has told how he has intentionally stepped back to allow the “top team” to thrive.
“We have been working together as a leadership team for some time,” the married mother-of-two said. “Five years ago, five of us became shareholders in the business, as well as directors. My style is collaborative anyway, and it naturally evolved.
"A decision was made before Christmas that I was the right person for the job, and it feels like a continuation of some of the things we have been doing already. I've led a lot of group-wide external things, a lot of our partnership boards - not just with the public sector but the commercial collaborations we have too. I've been involved in strategic direction, and now I'll be leading that team. It is evolution rather than revolution.”
She feels her position as a customer of the construction and facilities management entities with CityCare gives her a unique perspective on the board, coming from a procurement perspective with that strong public understanding. And she’s humbled by the way the news has been taken.
“It has been reassuring to see the goodwill for the group, and what we have got to do is not let people down,” she said. “We can get better at what we do, listening to our customers and helping them to improve. Our people are our biggest strength, it has been said many times before, but our people have ensured we have had a very good year in a very difficult year - they worked like stink, all of them.
“Quite a lot of our people are classed as key workers, they have been critical to what has been going on - particularly in health - and we have been working away throughout the last year in the background, supporting what people need and we trust them to always do the right thing. These people are with us because they have the right cultural fit that's non-negotiable. We mandate that, to have the ability and freedom to do the right thing.”
(Image: Sewell Group)
It is reflected in the Sunday Times 100 Best Companies To Work For accolade, with Jo now responsible for 220 of the group’s 460 employees - with the retail Sewell On The Go element falling out of her new remit.
There’s to be more emphasis on the new talent - and those elsewhere too.
“I will look for further opportunities for innovation and development,” Jo said. “New recruits come at projects from completely different perspectives. We have got to be open to these ideas as it is a big help in tackling new challenges, to have these bright minds alongside our experience.”
Outside of the doors of the Geneva Way HQ, Albion Mills in Willerby and various site offices too will also be a focus.
“I think we have a duty as business people to really watch out for the areas we are working in and give a little back. It is who I am, and Paul has always been a massive believer in that - and I cannot agree with it more, particularly when you look at the last 12-months with so many young people having had a rotten start to education or careers.
“We have a duty to be good corporate citizens. I'm sure we will do something as we start to come out of the other side of this. I really feel for these people.”
|
https://www.business-live.co.uk/commercial-property/people-places-passions-behind-sewells-19670151
|
en
| 2021-01-21T00:00:00 |
www.business-live.co.uk/d67f9acd9b34e7db2dcb22abc1408243c80abe867f3a22066685fec0cc23b8a0.json
|
[
"Sign up to FREE email alerts from BusinessLive - Yorkshire & Humber Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nA passion for places and a talent for collaborating to make them better has propelled Jo Barnes to the forefront of Sewell Group’s property-focused interests. David Laister spoke with the new Sewell Estates managing director.\nJo Barnes’ all-embracing attitude is as welcome as some of the key projects she has been involved with in the two decades in which she has made Hull home.\nShe’s even picked up the East Yorkshire accent, to the mock-dismay of some of her red rose relatives. It will come as no surprise to many though, having spent so much of that time talking to people who have the area’s identity running through their own DNA.\nPrior to joining one of the area’s foremost ambassadors in construction entrepreneur Paul Sewell in 2008, she had been a key part of regeneration projects in the city.\n“I've always been fascinated with changing places and working in regeneration and property development, because there is nothing like driving around a city or a town that you have been involved in and seeing what used to be a muddy industrial site now is a fantastic school, health centre on commercial building - where people are employed, people are receiving care or being educated. Being brought up with economic development I am obsessed with keeping the pound local.”\nFrom Colne, Lancashire, she headed to Newcastle to study economics, and her chosen career path quickly became apparent.\n“Part of the course was looking at urban development and I got really interested in that rather than the economic modelling and statistical analysis. How you need to change a place to encourage prosperity and increase life chances - I loved it.”\nFife in Scotland offered that opportunity with the economic development team in the local authority serving Dundee, before a move back to her native Lancashire with Pendle Borough Council.\n(Image: Reach Plc)\nIt saw her involved in derelict land reclamation schemes, working with developers - and she loved the property side of it.\nNext she headed east on the M62 to join the River Hull Corridor Programme with City Vision, and found herself feeding into the city masterplan alongside the local authority and regional development agency. It saw urban regeneration firm City Build formed, and from it spawned the Fruit Market, Humber Quays, St Stephens and Quay West.\nShe takes pleasure in a 75 per cent success rate with major projects there - with hopes for the latter still harboured.\n“I’d always dreamed of running my own business, and the opportunity came along with Citycare,” she said of her introduction to Sewell Group. “It was not my business, but I was allowed to run it as if it was - that’s what Paul promised me, with NHS colleagues in the public/private partnership.\n“We did more development in the first four years than I'd ever done previously, an excellent public-private partnership model. We also did advisory work and through that I decided I was ready for a change, and I was encouraged to do it within the group. I set up Shared Agenda, we asked the NHS if they wanted to be a partner, and they said yes. Shared Agenda was born.\n“I am continuing to be managing director of Shared Agenda. That was one of the things I wanted to do and I'd had discussions about that when taking this role.\n“I've got a fantastic team, a growing team - it has increased by 50 per cent over the past year - and we acquired another really exciting young company recently. There is some really exciting work, a lot of which is in acute sectors - education, health and care. I didn't want to stop moving that forward. It is fantastic work and feels quite valuable when you look at some of the solutions we are finding for our customers.\n(Image: Reach Plc)\n“We have made promotions in that team, people have matured and stepped up, which has helped create space in my diary for the broader role.”\nSo how did that role come about. Mr Sewell, who released his autobiography in the first lockdown, has told how he has intentionally stepped back to allow the “top team” to thrive.\n“We have been working together as a leadership team for some time,” the married mother-of-two said. “Five years ago, five of us became shareholders in the business, as well as directors. My style is collaborative anyway, and it naturally evolved.\n\"A decision was made before Christmas that I was the right person for the job, and it feels like a continuation of some of the things we have been doing already. I've led a lot of group-wide external things, a lot of our partnership boards - not just with the public sector but the commercial collaborations we have too. I've been involved in strategic direction, and now I'll be leading that team. It is evolution rather than revolution.”\nShe feels her position as a customer of the construction and facilities management entities with CityCare gives her a unique perspective on the board, coming from a procurement perspective with that strong public understanding. And she’s humbled by the way the news has been taken.\n“It has been reassuring to see the goodwill for the group, and what we have got to do is not let people down,” she said. “We can get better at what we do, listening to our customers and helping them to improve. Our people are our biggest strength, it has been said many times before, but our people have ensured we have had a very good year in a very difficult year - they worked like stink, all of them.\n“Quite a lot of our people are classed as key workers, they have been critical to what has been going on - particularly in health - and we have been working away throughout the last year in the background, supporting what people need and we trust them to always do the right thing. These people are with us because they have the right cultural fit that's non-negotiable. We mandate that, to have the ability and freedom to do the right thing.”\n(Image: Sewell Group)\nIt is reflected in the Sunday Times 100 Best Companies To Work For accolade, with Jo now responsible for 220 of the group’s 460 employees - with the retail Sewell On The Go element falling out of her new remit.\nThere’s to be more emphasis on the new talent - and those elsewhere too.\n“I will look for further opportunities for innovation and development,” Jo said. “New recruits come at projects from completely different perspectives. We have got to be open to these ideas as it is a big help in tackling new challenges, to have these bright minds alongside our experience.”\nOutside of the doors of the Geneva Way HQ, Albion Mills in Willerby and various site offices too will also be a focus.\n“I think we have a duty as business people to really watch out for the areas we are working in and give a little back. It is who I am, and Paul has always been a massive believer in that - and I cannot agree with it more, particularly when you look at the last 12-months with so many young people having had a rotten start to education or careers.\n“We have a duty to be good corporate citizens. I'm sure we will do something as we start to come out of the other side of this. I really feel for these people.”",
"People and places are the passions behind Sewell's new managing director as she plots for progress",
"Big interview as Shared Agenda boss takes on property-focused businesses of Hull-headquartered group"
] |
|
[
"Andrew Arthur",
"Image",
"David Betts Photography"
] | 2021-01-20T11:48:19 | null | 2021-01-20T10:33:33 |
The former International Trade Secretary said people didn't vote for Brexit for control of Britain's laws to be passed back to UK courts
|
https%3A%2F%2Fwww.business-live.co.uk%2Feconomic-development%2Fliam-fox-criticises-muddled-thinking-19661675.json
|
en
| null |
Liam Fox criticises 'muddled thinking' of genocide amendment to trade bill as MPs revolt over vote
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - South West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
North Somerset MP and former International Trade Secretary Liam Fox has suggested people did not vote for Brexit only for control of UK laws to be passed back to British courts.
Dr Fox was speaking out against a commons vote on an amendment to the trade bill, the legislation that will give the Government the tools to form an independent trade policy after Brexit.
On Tuesday (January 19), MPs voted on the amendment , inserted by the House of Lords, that would give the High Court the power to rule whether a country is committing genocide, and terminate any trade deal the UK has agreed with that country.
It was created with China in mind, which faces allegations of genocide against the minority Uighur muslim population in Xinjiang province - claims that Beijing has repeatedly denied.
Prime Minister Boris Johnson 's 87-strong working majority was slashed to just 11 after 33 Conservatives defied the whip. Another nine abstained from the vote.
MPs narrowly voted 319-308 to defeat the amendment, which will now go back to the House of Lords, but critics believe a another one could still be tabled.
Former Tory leader Iain Duncan Smith. who led the revolt, told MPs: "Why would we be doing a trade deal with a country that is guilty of genocide?"
But Dr Fox described the amendment as “muddled thinking” that would not have its intended effect on current or future UK-China trade, or on China’s alleged treatment of the Uighur.
Invoking a slogan from the EU referendum campaign, he told the BBC’s Today programme ahead of the vote: “First of all I think trade policy should be for Parliament not for the courts.
“We didn't vote to leave the European Union and ask to take back control of our laws, only to pass them back to the UK courts.
“If Parliament wants to have more say over the conditions applied to the negotiation of trade agreements, then the appropriate place to do that is in Parliament, by allowing it to have more of a bigger say at the beginning of the trade negotiations.
“Not only do I think this will give more power to the courts at the expense of Parliament, which I think is a bad precedent, I think it’s the thin end of a wedge, as we would get further legal movement in this direction if this precedent were to be set.
“I don't think it’s good for the judges. Some of these judgements would indeed be subjective and we want to keep our courts out of political issues.”
Sign up for more business news straight to your inbox Stay up to date with our daily newsletter, email breaking news alerts and weekly round-ups. To sign up, find out more and see all of our newsletters, follow the link here
Dr Fox said the Government did not need the involvement of the courts to take a stand to conduct ethical foreign policy.
“We can take any ethical stance we want. We have our sanctions law to back up what we believe are violations in a number of areas.
“We don't need the courts to encourage Parliament to have an ethical stance. That's entirely up to politicians. And if politicians feel strongly about it let them make the stance in Parliament. And if they feel that they don't have enough powers to do so, let them demand more.
“But to give power away to the courts in order to strengthen the resolve of politicians seems a very bizarre mechanism to me.”
He added: "I, along with many members on this side of the house, voted to leave the European Union to take back control.
"I don't want to take back control from unelected judges in Europe and give more power to judges in the United Kingdom, however high the esteem in which they're held."
Conservative MPs who rebelled over the trade bill amendment
|
https://www.business-live.co.uk/economic-development/liam-fox-criticises-muddled-thinking-19661675
|
en
| 2021-01-20T00:00:00 |
www.business-live.co.uk/75b9934a17a883d3428c2e0fba5f0f2a9cfa084e2126f4384f874501a0ef1baa.json
|
[
"Sign up to FREE email alerts from BusinessLive - South West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nNorth Somerset MP and former International Trade Secretary Liam Fox has suggested people did not vote for Brexit only for control of UK laws to be passed back to British courts.\nDr Fox was speaking out against a commons vote on an amendment to the trade bill, the legislation that will give the Government the tools to form an independent trade policy after Brexit.\nOn Tuesday (January 19), MPs voted on the amendment , inserted by the House of Lords, that would give the High Court the power to rule whether a country is committing genocide, and terminate any trade deal the UK has agreed with that country.\nIt was created with China in mind, which faces allegations of genocide against the minority Uighur muslim population in Xinjiang province - claims that Beijing has repeatedly denied.\nPrime Minister Boris Johnson 's 87-strong working majority was slashed to just 11 after 33 Conservatives defied the whip. Another nine abstained from the vote.\nMPs narrowly voted 319-308 to defeat the amendment, which will now go back to the House of Lords, but critics believe a another one could still be tabled.\nFormer Tory leader Iain Duncan Smith. who led the revolt, told MPs: \"Why would we be doing a trade deal with a country that is guilty of genocide?\"\nBut Dr Fox described the amendment as “muddled thinking” that would not have its intended effect on current or future UK-China trade, or on China’s alleged treatment of the Uighur.\nInvoking a slogan from the EU referendum campaign, he told the BBC’s Today programme ahead of the vote: “First of all I think trade policy should be for Parliament not for the courts.\n“We didn't vote to leave the European Union and ask to take back control of our laws, only to pass them back to the UK courts.\n“If Parliament wants to have more say over the conditions applied to the negotiation of trade agreements, then the appropriate place to do that is in Parliament, by allowing it to have more of a bigger say at the beginning of the trade negotiations.\n“Not only do I think this will give more power to the courts at the expense of Parliament, which I think is a bad precedent, I think it’s the thin end of a wedge, as we would get further legal movement in this direction if this precedent were to be set.\n“I don't think it’s good for the judges. Some of these judgements would indeed be subjective and we want to keep our courts out of political issues.”\nSign up for more business news straight to your inbox Stay up to date with our daily newsletter, email breaking news alerts and weekly round-ups. To sign up, find out more and see all of our newsletters, follow the link here\nDr Fox said the Government did not need the involvement of the courts to take a stand to conduct ethical foreign policy.\n“We can take any ethical stance we want. We have our sanctions law to back up what we believe are violations in a number of areas.\n“We don't need the courts to encourage Parliament to have an ethical stance. That's entirely up to politicians. And if politicians feel strongly about it let them make the stance in Parliament. And if they feel that they don't have enough powers to do so, let them demand more.\n“But to give power away to the courts in order to strengthen the resolve of politicians seems a very bizarre mechanism to me.”\nHe added: \"I, along with many members on this side of the house, voted to leave the European Union to take back control.\n\"I don't want to take back control from unelected judges in Europe and give more power to judges in the United Kingdom, however high the esteem in which they're held.\"\nConservative MPs who rebelled over the trade bill amendment",
"Liam Fox criticises 'muddled thinking' of genocide amendment to trade bill as MPs revolt over vote",
"The former International Trade Secretary said people didn't vote for Brexit for control of Britain's laws to be passed back to UK courts"
] |
|
[
"Coreena Ford"
] | 2021-01-07T13:10:25 | null | 2021-01-07T13:03:54 |
New owners Shepherd Offshore hope to use the historic yard as a site for the booming offshore and renewables sector
|
https%3A%2F%2Fwww.business-live.co.uk%2Fcommercial-property%2Fjobs-hope-historic-tyneside-shipyard-19579899.json
|
en
| null |
Jobs hope as historic Tyneside shipyard Swan Hunter sold to new owners
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - North East Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
A former shipyard is set to be transformed into a new North East energy park after being sold to new owners.
Shepherd Offshore, based in Walker, Newcastle, has agreed a deal with North Tyneside Council that will see it transform the 1.4m square foot site of the historic Swan Hunter shipyard in Wallsend.
The deal comes just over 18 months after the council first agreed to put the landmark site up for sale, and more than a decade after the Wallsend shipbuilder’s towering cranes disappeared from the skyline in 2007. Since then, significant investment has seen parts of the shipyard transformed into new uses, including the £1.9m Centre for Innovation and Neptune Energy Park.
North Tyneside Council said the deal to sell the site is the next step in a strategy to breathe new life into the area, forming a wider, long-term strategy to develop the North Bank of the River Tyne with partners to create a world class destination for offshore and advanced manufacturing.
Major investment, both from the authority and in partnership with the North East Local Enterprise Partnership, has seen a number of significant infrastructure improvements over the last few years to get the huge, complex site in a position for future investment.
The sale involves the entire 12.94-hectare site on the North Bank of the River Tyne, incorporating access and link roads, a wet berth facility, two quays, two river berths and vacant former office buildings.
Shepherd Offshore has more than 35 years of expertise in the offshore sector, with a proven track record of working with local government, managing, and developing assets and leading responsible regeneration in the region.
It is also hoped Shepherd Offshore’s expansion into the site will act as a magnet for other companies wanting to launch operations or expand into the area, supporting the long term vision to produce jobs and prosperity in the area.
Hundreds of new jobs will be created in the move, in the construction phases, in manufacturing once the site is completed, and also through the supply chain.
Sign up for your daily BusinessLive North East newsletter You can get all the day's business news from the North East sent to your email inbox each morning. By signing up here, we will deliver the headlines from companies in Tyne and Wear, Northumberland, County Durham and Teesside straight to your email inbox every morning. Our specialist team of business writers will bring you stories from a range of sectors, reporting on companies large and small.
Bruce Shepherd, chairman of Shepherd Offshore, said: “We are looking forward to starting early in the new year, to start developing the yard, which will hopefully be available mid-term for the new wind industry and renewable energy business, and we have great hopes to create as many jobs as the site will take.
“Shepherd Offshore’s plan is to remain supportive to the River Tyne North Bank Strategic Development Framework Plan by continuing to develop critical infrastructure and capacity, allowing the attraction of world class manufacturing and job creation.
“The company’s strategy is to attract businesses associated within the offshore, subsea, marine and energy sectors to the Swan Hunter site to continue enhancing the region’s expertise.”
The Centre for Innovation, which is also located on the site, will remain in the ownership of the council with a £1.75m project to refurbish the upper floors of the building now complete.
Helen Golightly, chief executive of the North East LEP: “This is great news and marks a major milestone in efforts to attract new jobs and investment, particularly from the offshore wind sector, onto this regionally important Enterprise Zone site. The council has made significant progress in getting the site ready for further significant investment.”
North Tyneside mayor Norma Redfearn, said: “This is such fantastic news for the future of the Swans site, which I know holds a very special place in the hearts of so many in North Tyneside – myself included, having grown up nearby and having family links to the old shipyard.
“I am delighted by what we have achieved with the site in recent years and I wish the Shepherds all the best for what promises to be an exciting next chapter in the history of Swans.”
As well as the creation of the CFI, North Tyneside Council has carried out several other improvements to prepare for the latest development, including major utilities works,
building new access roads, upgrading the highway infrastructure leading to the site , acquiring and demolishing The Ship in the Hole pub and carrying out works to the quay and river bed dredging.
|
https://www.business-live.co.uk/commercial-property/jobs-hope-historic-tyneside-shipyard-19579899
|
en
| 2021-01-07T00:00:00 |
www.business-live.co.uk/bb0314318c397aa18d839650adb3e77e6126771e4f87eb7967dba410408577a6.json
|
[
"Sign up to FREE email alerts from BusinessLive - North East Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nA former shipyard is set to be transformed into a new North East energy park after being sold to new owners.\nShepherd Offshore, based in Walker, Newcastle, has agreed a deal with North Tyneside Council that will see it transform the 1.4m square foot site of the historic Swan Hunter shipyard in Wallsend.\nThe deal comes just over 18 months after the council first agreed to put the landmark site up for sale, and more than a decade after the Wallsend shipbuilder’s towering cranes disappeared from the skyline in 2007. Since then, significant investment has seen parts of the shipyard transformed into new uses, including the £1.9m Centre for Innovation and Neptune Energy Park.\nNorth Tyneside Council said the deal to sell the site is the next step in a strategy to breathe new life into the area, forming a wider, long-term strategy to develop the North Bank of the River Tyne with partners to create a world class destination for offshore and advanced manufacturing.\nMajor investment, both from the authority and in partnership with the North East Local Enterprise Partnership, has seen a number of significant infrastructure improvements over the last few years to get the huge, complex site in a position for future investment.\nThe sale involves the entire 12.94-hectare site on the North Bank of the River Tyne, incorporating access and link roads, a wet berth facility, two quays, two river berths and vacant former office buildings.\nShepherd Offshore has more than 35 years of expertise in the offshore sector, with a proven track record of working with local government, managing, and developing assets and leading responsible regeneration in the region.\nIt is also hoped Shepherd Offshore’s expansion into the site will act as a magnet for other companies wanting to launch operations or expand into the area, supporting the long term vision to produce jobs and prosperity in the area.\nHundreds of new jobs will be created in the move, in the construction phases, in manufacturing once the site is completed, and also through the supply chain.\nSign up for your daily BusinessLive North East newsletter You can get all the day's business news from the North East sent to your email inbox each morning. By signing up here, we will deliver the headlines from companies in Tyne and Wear, Northumberland, County Durham and Teesside straight to your email inbox every morning. Our specialist team of business writers will bring you stories from a range of sectors, reporting on companies large and small.\nBruce Shepherd, chairman of Shepherd Offshore, said: “We are looking forward to starting early in the new year, to start developing the yard, which will hopefully be available mid-term for the new wind industry and renewable energy business, and we have great hopes to create as many jobs as the site will take.\n“Shepherd Offshore’s plan is to remain supportive to the River Tyne North Bank Strategic Development Framework Plan by continuing to develop critical infrastructure and capacity, allowing the attraction of world class manufacturing and job creation.\n“The company’s strategy is to attract businesses associated within the offshore, subsea, marine and energy sectors to the Swan Hunter site to continue enhancing the region’s expertise.”\nThe Centre for Innovation, which is also located on the site, will remain in the ownership of the council with a £1.75m project to refurbish the upper floors of the building now complete.\nHelen Golightly, chief executive of the North East LEP: “This is great news and marks a major milestone in efforts to attract new jobs and investment, particularly from the offshore wind sector, onto this regionally important Enterprise Zone site. The council has made significant progress in getting the site ready for further significant investment.”\nNorth Tyneside mayor Norma Redfearn, said: “This is such fantastic news for the future of the Swans site, which I know holds a very special place in the hearts of so many in North Tyneside – myself included, having grown up nearby and having family links to the old shipyard.\n“I am delighted by what we have achieved with the site in recent years and I wish the Shepherds all the best for what promises to be an exciting next chapter in the history of Swans.”\nAs well as the creation of the CFI, North Tyneside Council has carried out several other improvements to prepare for the latest development, including major utilities works,\nbuilding new access roads, upgrading the highway infrastructure leading to the site , acquiring and demolishing The Ship in the Hole pub and carrying out works to the quay and river bed dredging.",
"Jobs hope as historic Tyneside shipyard Swan Hunter sold to new owners",
"New owners Shepherd Offshore hope to use the historic yard as a site for the booming offshore and renewables sector"
] |
|
[
"Tom Pegden"
] | 2021-01-29T04:04:37 | null | 2021-01-29T02:59:00 |
The new home will include a traditional pub, cinema, library, café, private dining facilities and hair and nail salon
|
https%3A%2F%2Fwww.business-live.co.uk%2Fenterprise%2Fnew-84-bed-notts-care-19721151.json
|
en
| null |
New 84-bed Notts care home will create 100 jobs - and have its own pub
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - East Midlands Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
A care home company has secured funding for a new 84-bed care home – with its own pub – which could create 100 jobs.
Adept Care Homes has finalised a multi-million-pound refinancing deal with Yorkshire Bank, which is owned by Virgin Money.
The family-run business operates seven care homes in the Midlands, and its eighth home is set to open to residents later this year.
The finance deal was negotiated after Adept moved to Yorkshire Bank as a new customer under the RBS Business Banking Switch.
Managing director Dave Lock, who founded Adept Care Homes in 1989, said: “An important part of the deal has been the funding we needed to complete the development of our new, state-of-the-art care home in Hucknall.
“The coronavirus pandemic has delayed our original plans by a few months, but we are now nearing completion of the build and preparing to open for residents in the coming months. Recruitment is underway and we’ll be creating around 100 jobs for the local area.”
He said the new Hucknall home will follow Adept Care Homes’ approach to promoting independent living through care suites, with bedrooms that have en-suite bathrooms, as well as outdoor spaces with personal gardens and balconies, and a social calendar of entertainment and activities.
The Hucknall home will also include a traditional pub, cinema, library, café, private dining facilities and hair and nail salon.
Mr Lock said he had been keen to maintain a connection with relationship manager Kenny Nelson, after he got a new job at Yorkshire Bank.
Dave said: “Kenny has been supporting our growth for a number of years and when he moved to Yorkshire Bank, I was keen to continue that relationship, which influenced our decision to switch.
“He’s always done a really good job, providing robust guidance for the business, and he has supported us through this transition period.
Kenny Nelson said: “Adept Care Homes has a solid track record of consistent growth, undoubtedly driven by its commitment to providing excellent care for elderly residents.
“The company is one of the biggest SMEs to move to the Bank under the Business Banking Switch.
“I look forward to continuing to work with the team and supporting its ongoing growth and success.”
Mr Lock said his business had been included in the London Stock Exchange’s ‘1000 Companies to Inspire Britain’, for the last four years.
|
https://www.business-live.co.uk/enterprise/new-84-bed-notts-care-19721151
|
en
| 2021-01-29T00:00:00 |
www.business-live.co.uk/58dd322bede347d55b5f027e6fb89a138825f5321f7e878ea4bb4da8a9f29482.json
|
[
"Sign up to FREE email alerts from BusinessLive - East Midlands Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nA care home company has secured funding for a new 84-bed care home – with its own pub – which could create 100 jobs.\nAdept Care Homes has finalised a multi-million-pound refinancing deal with Yorkshire Bank, which is owned by Virgin Money.\nThe family-run business operates seven care homes in the Midlands, and its eighth home is set to open to residents later this year.\nThe finance deal was negotiated after Adept moved to Yorkshire Bank as a new customer under the RBS Business Banking Switch.\nManaging director Dave Lock, who founded Adept Care Homes in 1989, said: “An important part of the deal has been the funding we needed to complete the development of our new, state-of-the-art care home in Hucknall.\n“The coronavirus pandemic has delayed our original plans by a few months, but we are now nearing completion of the build and preparing to open for residents in the coming months. Recruitment is underway and we’ll be creating around 100 jobs for the local area.”\nHe said the new Hucknall home will follow Adept Care Homes’ approach to promoting independent living through care suites, with bedrooms that have en-suite bathrooms, as well as outdoor spaces with personal gardens and balconies, and a social calendar of entertainment and activities.\nThe Hucknall home will also include a traditional pub, cinema, library, café, private dining facilities and hair and nail salon.\nMr Lock said he had been keen to maintain a connection with relationship manager Kenny Nelson, after he got a new job at Yorkshire Bank.\nDave said: “Kenny has been supporting our growth for a number of years and when he moved to Yorkshire Bank, I was keen to continue that relationship, which influenced our decision to switch.\n“He’s always done a really good job, providing robust guidance for the business, and he has supported us through this transition period.\nKenny Nelson said: “Adept Care Homes has a solid track record of consistent growth, undoubtedly driven by its commitment to providing excellent care for elderly residents.\n“The company is one of the biggest SMEs to move to the Bank under the Business Banking Switch.\n“I look forward to continuing to work with the team and supporting its ongoing growth and success.”\nMr Lock said his business had been included in the London Stock Exchange’s ‘1000 Companies to Inspire Britain’, for the last four years.",
"New 84-bed Notts care home will create 100 jobs - and have its own pub",
"The new home will include a traditional pub, cinema, library, café, private dining facilities and hair and nail salon"
] |
|
[
"Tom Houghton",
"Image",
"David Haber Scunthorpelive"
] | 2021-01-07T10:37:16 | null | 2021-01-07T09:28:42 |
The firm has also extended its 10% staff discount to NHS workers for the latest English lockdown
|
https%3A%2F%2Fwww.business-live.co.uk%2Fretail-consumer%2Fbm-rewards-employees-extra-weeks-19577591.json
|
en
| null |
B&M rewards employees with extra week's wages with shareholders to receive £200m special dividend after Christmas sales soar
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - North West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
B&M will reward 30,000 staff with an extra week's wages, with shareholders to receive a special dividend of £200m after revenues at its UK stores soared again.
The discount retail giant said UK stores' revenue growth for Q3 - the festive "golden quarter" - was 26.6%, while group revenue growth stood at 22.5%. That's compared with a 9.9% rise for the same period last year.
The group, whose headquarters are on Merseyside, opened 18 new stores during the quarter - helping to create over 500 new jobs.
In a trading update detailing a "strong golden quarter", the firm also said a further special dividend of 20p per share - equating to around £200m in total - will be paid to shareholders at the end of January.
Simon Arora, chief executive, said: "Our trading performance is testament to the hard work and commitment of all our colleagues, to whom I express my sincere thanks.
"The safety and wellbeing of our customers and colleagues has remained our priority during these unprecedented times, whilst we have worked hard to provide customers with the everyday essentials they need.
"We are awarding some 30,000 store and distribution colleagues an extra week's wages in recognition of their considerable efforts.
"Notwithstanding our status as an essential retailer, with lockdown restrictions in the UK having tightened there remain uncertainties ahead.
"With our combination of exceptional value and convenient out of town locations, we are confident that our business model will prove highly relevant to the needs of customers in 2021."
As an essential retailer, B&M stores will stay open throughout the lockdown to serve their communities - with more than 670 branches operating nationwide at the moment.
This week, the firm also announced it was to extend its staff discount to all NHS workers again.
In the first lockdown the discount retailer gave £3m worth of discounts to NHS staff – as a thank you for their continued hard work.
Now, with a new lockdown in force and hospitals working harder than ever the firm has re-launched the offer.
|
https://www.business-live.co.uk/retail-consumer/bm-rewards-employees-extra-weeks-19577591
|
en
| 2021-01-07T00:00:00 |
www.business-live.co.uk/201f58d48495b65b2a2bf9dd406d254b08de403b292dba5e3b6c3e280ffc4155.json
|
[
"Sign up to FREE email alerts from BusinessLive - North West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nB&M will reward 30,000 staff with an extra week's wages, with shareholders to receive a special dividend of £200m after revenues at its UK stores soared again.\nThe discount retail giant said UK stores' revenue growth for Q3 - the festive \"golden quarter\" - was 26.6%, while group revenue growth stood at 22.5%. That's compared with a 9.9% rise for the same period last year.\nThe group, whose headquarters are on Merseyside, opened 18 new stores during the quarter - helping to create over 500 new jobs.\nIn a trading update detailing a \"strong golden quarter\", the firm also said a further special dividend of 20p per share - equating to around £200m in total - will be paid to shareholders at the end of January.\nSimon Arora, chief executive, said: \"Our trading performance is testament to the hard work and commitment of all our colleagues, to whom I express my sincere thanks.\n\"The safety and wellbeing of our customers and colleagues has remained our priority during these unprecedented times, whilst we have worked hard to provide customers with the everyday essentials they need.\n\"We are awarding some 30,000 store and distribution colleagues an extra week's wages in recognition of their considerable efforts.\n\"Notwithstanding our status as an essential retailer, with lockdown restrictions in the UK having tightened there remain uncertainties ahead.\n\"With our combination of exceptional value and convenient out of town locations, we are confident that our business model will prove highly relevant to the needs of customers in 2021.\"\nAs an essential retailer, B&M stores will stay open throughout the lockdown to serve their communities - with more than 670 branches operating nationwide at the moment.\nThis week, the firm also announced it was to extend its staff discount to all NHS workers again.\nIn the first lockdown the discount retailer gave £3m worth of discounts to NHS staff – as a thank you for their continued hard work.\nNow, with a new lockdown in force and hospitals working harder than ever the firm has re-launched the offer.",
"B&M rewards employees with extra week's wages with shareholders to receive £200m special dividend after Christmas sales soar",
"The firm has also extended its 10% staff discount to NHS workers for the latest English lockdown"
] |
|
[
"David Laister",
"Image",
"British Steel"
] | 2021-01-28T12:47:52 | null | 2021-01-28T12:14:15 |
Wonder product Zinoco upgraded five years on from initial release
|
https%3A%2F%2Fwww.business-live.co.uk%2Fmanufacturing%2Fbritish-steel-claims-two-world-19717729.json
|
en
| null |
British Steel claims two world firsts as industry-leading rail follows huge investment
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - Yorkshire & Humber Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
Two world firsts are being claimed by British Steel after it upgraded its wonder rail product.
Zinoco was the first innovation released at the Scunthorpe-headquartered works when it returned to the proud name in 2016.
It is described as a revolutionary rail that withstands some of the harshest environments - from coastal lines to wet tunnels - where salt, minerals and biological matter can accelerate corrosion.
Now even longer rails with greater protection have been revealed, promising better services and less frequent replacement.
British Steel’s commercial director for rail, Craig Harvey, said: “Building on Zinoco ’s success in track, and a seven-figure investment in new equipment, we’re delighted to launch the world’s first ultra-long corrosion-protected rail in a single 108m piece – or 216m with a single weld.
“The new and improved Zinoco is also the world’s first rail with a super-hydrophobic finish that repels water and dirt. Available in any length from 9m to 216m, the new finish enhances the protection Zinoco offers, further reducing the frequency of rail replacement programmes, which impact on network operators and passengers.”
(Image: British Steel)
The new long-length Zinoco, developed at Scutnhorpe, has all the benefits of its shorter counterparts, offering exceptional corrosion protection with a typical life extension of 5 to 10 times.
It achieves the highest levels of durability through improved impact and abrasion resistance, and also provides sacrificial cathodic protection – an electro-chemical reaction which occurs when the anode sacrifices itself in favour of the cathode. The resulting flow of electrons prevents a corrosive chemical reaction.
Another benefit of the product is its need for fewer welds which makes installation quicker and gives the rails greater integrity.
Describing it as suitable for any track environment, Mr Harvey said: “British Steel is committed to delivering cost-effective and innovative solutions to help our customers overcome the challenges they face and Zinoco is a great example of this and the world-class products we manufacture.”
|
https://www.business-live.co.uk/manufacturing/british-steel-claims-two-world-19717729
|
en
| 2021-01-28T00:00:00 |
www.business-live.co.uk/733d18d8ef86eaf1155164367f68c9b1902f9f00ff10b27a28aef516f96f0945.json
|
[
"Sign up to FREE email alerts from BusinessLive - Yorkshire & Humber Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nTwo world firsts are being claimed by British Steel after it upgraded its wonder rail product.\nZinoco was the first innovation released at the Scunthorpe-headquartered works when it returned to the proud name in 2016.\nIt is described as a revolutionary rail that withstands some of the harshest environments - from coastal lines to wet tunnels - where salt, minerals and biological matter can accelerate corrosion.\nNow even longer rails with greater protection have been revealed, promising better services and less frequent replacement.\nBritish Steel’s commercial director for rail, Craig Harvey, said: “Building on Zinoco ’s success in track, and a seven-figure investment in new equipment, we’re delighted to launch the world’s first ultra-long corrosion-protected rail in a single 108m piece – or 216m with a single weld.\n“The new and improved Zinoco is also the world’s first rail with a super-hydrophobic finish that repels water and dirt. Available in any length from 9m to 216m, the new finish enhances the protection Zinoco offers, further reducing the frequency of rail replacement programmes, which impact on network operators and passengers.”\n(Image: British Steel)\nThe new long-length Zinoco, developed at Scutnhorpe, has all the benefits of its shorter counterparts, offering exceptional corrosion protection with a typical life extension of 5 to 10 times.\nIt achieves the highest levels of durability through improved impact and abrasion resistance, and also provides sacrificial cathodic protection – an electro-chemical reaction which occurs when the anode sacrifices itself in favour of the cathode. The resulting flow of electrons prevents a corrosive chemical reaction.\nAnother benefit of the product is its need for fewer welds which makes installation quicker and gives the rails greater integrity.\nDescribing it as suitable for any track environment, Mr Harvey said: “British Steel is committed to delivering cost-effective and innovative solutions to help our customers overcome the challenges they face and Zinoco is a great example of this and the world-class products we manufacture.”",
"British Steel claims two world firsts as industry-leading rail follows huge investment",
"Wonder product Zinoco upgraded five years on from initial release"
] |
|
[
"Owen Hughes",
"Image",
"Pa"
] | 2021-01-06T16:26:55 | null | 2021-01-06T15:54:45 |
UK Government has banned booze takeaway sales from hospitality sites in England but rules in Wales remain the same
|
https%3A%2F%2Fwww.business-live.co.uk%2Fretail-consumer%2Fwales-alcohol-takeaway-rules-pubs-19574366.json
|
en
| null |
Wales alcohol takeaway rules for pubs, restaurants and cafes
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - Wales Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
The rules on takeaway alcohol sales from Welsh hospitality sites have not changed under the lockdown restrictions in Wales.
Welsh hospitality has been shut since December 20 after Wales was placed into Alert Level 4.
But they have been able to continue selling takeaways - with many businesses switching to these services to keep staff in work and revenue coming in.
This week Prime Minister Boris Johnson announced an England wide lockdown - which included the closure of hospitality. The UK Government also banned the sale of takeaway alcohol from pubs, cafes and restaurants in England - angering many in the sector.
But in Wales the sale of takeaway alcohol can continue.
Under Welsh Government rules alcoholic drinks can be sold between 6am and 10pm in licensed hospitality sites - in line with the rules in supermarkets and off-licences.
It means people can pick up alcohol alongside a takeaway meal order or grab some beer from a pub or brewery rather than go to the supermarket.
Sign up to our BusinessLive Wales email service BusinessLive Wales is your new comprehensive home for business news from across Wales; from large corporates to exciting start-ups and sectors ranging from advanced manufacturing to financial and professional services. To sign up to our breaking news and daily newsletter service CLICK HERE.
As well as our in-depth early morning newsletter, we will be sending out regular breaking news email alerts.
Physical distancing measures must be applied, and customers and staff are required to wear a face covering.
Welsh Government is due to the review the current alert level and lockdown rules this week with any updates announced on Friday.
To have your say on this story please use our comments section at the top of this article
|
https://www.business-live.co.uk/retail-consumer/wales-alcohol-takeaway-rules-pubs-19574366
|
en
| 2021-01-06T00:00:00 |
www.business-live.co.uk/080f10b2e908d3e3fbc467fff48e902830d544fa6f4452fac3b24ba5006fac5b.json
|
[
"Sign up to FREE email alerts from BusinessLive - Wales Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nThe rules on takeaway alcohol sales from Welsh hospitality sites have not changed under the lockdown restrictions in Wales.\nWelsh hospitality has been shut since December 20 after Wales was placed into Alert Level 4.\nBut they have been able to continue selling takeaways - with many businesses switching to these services to keep staff in work and revenue coming in.\nThis week Prime Minister Boris Johnson announced an England wide lockdown - which included the closure of hospitality. The UK Government also banned the sale of takeaway alcohol from pubs, cafes and restaurants in England - angering many in the sector.\nBut in Wales the sale of takeaway alcohol can continue.\nUnder Welsh Government rules alcoholic drinks can be sold between 6am and 10pm in licensed hospitality sites - in line with the rules in supermarkets and off-licences.\nIt means people can pick up alcohol alongside a takeaway meal order or grab some beer from a pub or brewery rather than go to the supermarket.\nSign up to our BusinessLive Wales email service BusinessLive Wales is your new comprehensive home for business news from across Wales; from large corporates to exciting start-ups and sectors ranging from advanced manufacturing to financial and professional services. To sign up to our breaking news and daily newsletter service CLICK HERE.\nAs well as our in-depth early morning newsletter, we will be sending out regular breaking news email alerts.\nPhysical distancing measures must be applied, and customers and staff are required to wear a face covering.\nWelsh Government is due to the review the current alert level and lockdown rules this week with any updates announced on Friday.\nTo have your say on this story please use our comments section at the top of this article",
"Wales alcohol takeaway rules for pubs, restaurants and cafes",
"UK Government has banned booze takeaway sales from hospitality sites in England but rules in Wales remain the same"
] |
|
[
"Tom Houghton"
] | 2021-01-03T11:08:51 | null | 2021-01-03T09:25:05 |
Greater Manchester-based Icount will become part of Cashplus - a firm in the final stages of its application to become a full UK bank
|
https%3A%2F%2Fwww.business-live.co.uk%2Fleads-deals%2Ficount-sells-entire-current-account-19554723.json
|
en
| null |
Icount sells entire current account portfolio to fintech challenger Cashplus
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - North West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
A Greater Manchester-based current account firm has sold its entire 5,000-strong portfolio to leading fintech challenger Cashplus - a company close to becoming a full UK bank.
Icount handles more than £2m of customer payments per month - and will now become part of the Cashplus family of products, now boasting over 2m accounts.
Cashplus claims to be on of the few profitable UK fintech challengers with nine straight years of operating profit and revenues of around £50m, and said it is well placed to continue growth even through the pandemic.
The deal for an undisclosed fee comes with Cashplus in the final stages of its application to become a full UK bank, a process it hopes to complete early in the New Year.
The deal is expected to be 2021's first UK fintech acquisition.
Cashplus CEO Rich Wagner said: “2021 is set to be a very exciting year for Cashplus. Our anticipated upcoming authorisation as a bank will allow us to better serve the UK small businesses and consumers that need our banking and credit services, and I’m pleased that we’ll be starting the year with this acquisition as a sign of our confidence.”
“In times of uncertainty customers want to know that their money is entrusted to a sustainable provider with a viable long-term future, we are well positioned to welcome more of those customers, whether through our own channels, existing and new partnerships, or deals like this one with icount.”
Cashplus has provided card issuer services for Icount for past eight years.
Sign up for your free BusinessLive North West newsletter BusinessLive is your home for business news from around the North West- and you can stay in touch with all the latest news from Greater Manchester, Liverpool City Region, Cheshire, Lancashire and Cumbria through our email alerts. You can sign up to receive daily morning news bulletins from every region we cover and to weekly email bulletins covering key economic sectors from manufacturing to technology and enterprise. And we'll send out breaking news alerts for any stories we think you can't miss. By bringing together North West coverage with that from across Reach’s titles in England and Wales, BusinessLive will shine a spotlight on the entrepreneurs, the stars of the future and the small firms that are the backbone of our economy. Visit our email preference centre to sign up to all the latest news from BusinessLive.
Altrincham-based Icount was founded by Samuel Mond in 2009 as part of ClearDebtGroup PLC. Mr Mond purchased the business from ClearDebt in 2014 and has since grown the portfolio to handle more than £2m of customer payments per month.
Mr Mond said: “I always saw the Icount product as an innovative solution to everyday banking needs and I’m delighted that Cashplus, one of the original fintech innovators, will be taking the business forward.
"I remember acquiring our first cardholder and I’m extremely proud to have built a portfolio of accounts transacting over £2m per month. I look forward to seeing where the business goes next now as part of the Cashplus family of products.”
|
https://www.business-live.co.uk/leads-deals/icount-sells-entire-current-account-19554723
|
en
| 2021-01-03T00:00:00 |
www.business-live.co.uk/7fb7b3e6dcc5b6d4bbc2847663e74c087320c67ddec995c250d5a42b32c590b5.json
|
[
"Sign up to FREE email alerts from BusinessLive - North West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nA Greater Manchester-based current account firm has sold its entire 5,000-strong portfolio to leading fintech challenger Cashplus - a company close to becoming a full UK bank.\nIcount handles more than £2m of customer payments per month - and will now become part of the Cashplus family of products, now boasting over 2m accounts.\nCashplus claims to be on of the few profitable UK fintech challengers with nine straight years of operating profit and revenues of around £50m, and said it is well placed to continue growth even through the pandemic.\nThe deal for an undisclosed fee comes with Cashplus in the final stages of its application to become a full UK bank, a process it hopes to complete early in the New Year.\nThe deal is expected to be 2021's first UK fintech acquisition.\nCashplus CEO Rich Wagner said: “2021 is set to be a very exciting year for Cashplus. Our anticipated upcoming authorisation as a bank will allow us to better serve the UK small businesses and consumers that need our banking and credit services, and I’m pleased that we’ll be starting the year with this acquisition as a sign of our confidence.”\n“In times of uncertainty customers want to know that their money is entrusted to a sustainable provider with a viable long-term future, we are well positioned to welcome more of those customers, whether through our own channels, existing and new partnerships, or deals like this one with icount.”\nCashplus has provided card issuer services for Icount for past eight years.\nSign up for your free BusinessLive North West newsletter BusinessLive is your home for business news from around the North West- and you can stay in touch with all the latest news from Greater Manchester, Liverpool City Region, Cheshire, Lancashire and Cumbria through our email alerts. You can sign up to receive daily morning news bulletins from every region we cover and to weekly email bulletins covering key economic sectors from manufacturing to technology and enterprise. And we'll send out breaking news alerts for any stories we think you can't miss. By bringing together North West coverage with that from across Reach’s titles in England and Wales, BusinessLive will shine a spotlight on the entrepreneurs, the stars of the future and the small firms that are the backbone of our economy. Visit our email preference centre to sign up to all the latest news from BusinessLive.\nAltrincham-based Icount was founded by Samuel Mond in 2009 as part of ClearDebtGroup PLC. Mr Mond purchased the business from ClearDebt in 2014 and has since grown the portfolio to handle more than £2m of customer payments per month.\nMr Mond said: “I always saw the Icount product as an innovative solution to everyday banking needs and I’m delighted that Cashplus, one of the original fintech innovators, will be taking the business forward.\n\"I remember acquiring our first cardholder and I’m extremely proud to have built a portfolio of accounts transacting over £2m per month. I look forward to seeing where the business goes next now as part of the Cashplus family of products.”",
"Icount sells entire current account portfolio to fintech challenger Cashplus",
"Greater Manchester-based Icount will become part of Cashplus - a firm in the final stages of its application to become a full UK bank"
] |
|
[
"Laura Watson"
] | 2021-01-21T04:36:35 | null | 2021-01-21T04:00:00 |
Three new support programmes are being set up to help companies across the county bounce back from the pandemic
|
https%3A%2F%2Fwww.business-live.co.uk%2Fenterprise%2F5m-funding-launched-support-staffordshire-19664688.json
|
en
| null |
£5m funding launched to support Staffordshire businesses
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - West Midlands Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
A multi-million pound programme to support small businesses and apprentices is being launched in Staffordshire.
The £5 million scheme will see the three new programmes set up to help companies across the county bounce back from the pandemic.
The new scheme includes ‘The Staffordshire 500’ Apprentices Wage Support programme which aims to incentivise employers to take on 16 to 24-year-olds by contributing towards the cost of the wages of 500 apprentices.
Businesses are also being offered support to upskill their employees or train new staff through the Nil Cost Training for Employers Top-up Project which will provide up to 500 businesses with grants of up to £5,000 over the next 15 months.
The final initiative – The Small Business ‘to Thrive’ Financial Support programme – will see small businesses offered grants of between £2,000 and £5,000 to cover expenditure costs essential to their operations.
The total value of all of the schemes is £5 million, this includes a £860,000 investment from Staffordshire County Council and contributions from the county’s district and borough councils, as well as central Government.
Staffordshire County Council will run all three programmes on behalf of the partnership.
Staffordshire County Council’s deputy leader and cabinet member for economy and skills, Philip White, said: “It is critical that as a county council we continue to prioritise support for small businesses and people whose jobs or employment prospects have been impacted by the pandemic.
“In an area like Staffordshire that has a county council plus district and borough councils with their own covid-19 funding, this support is far more effectively delivered by close collaborative working between councils and a range of other partners to make our respective funding go further.”
Want more business news straight to your inbox? BusinessLive is your home for business news from around the country - and you can stay in touch with all the latest news through our email alerts. You can sign up to receive daily morning news bulletins from every region we cover and to weekly email bulletins covering key economic sectors from manufacturing to technology and enterprise. And we'll send out breaking news alerts for any stories we think you can't miss. Visit our email preference centre to sign up to all the latest news from BusinessLive.
He added: “We owe it to businesses and communities to direct all available funding where it is needed most, and vitally to make it accessible as soon as possible.
“The new programmes are designed to complement existing support schemes and cover gaps in the assistance already available. We look forward to working with colleagues across our district and boroughs to get them off the ground imminently.”
The new programmes are in addition to the package of support which has already been launched by the county council including a start-up scheme to support up to 300 aspiring entrepreneurs to get their businesses up and running, a start-up loan scheme to provide loans of between £3,000 and £5,000 and a student start-up programme to help hundreds of students start a new venture.
|
https://www.business-live.co.uk/enterprise/5m-funding-launched-support-staffordshire-19664688
|
en
| 2021-01-21T00:00:00 |
www.business-live.co.uk/cec7a2e1302d69a6205663a5c4643cf2ba95b4fbad126c368c99cf86d0137df8.json
|
[
"Sign up to FREE email alerts from BusinessLive - West Midlands Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nA multi-million pound programme to support small businesses and apprentices is being launched in Staffordshire.\nThe £5 million scheme will see the three new programmes set up to help companies across the county bounce back from the pandemic.\nThe new scheme includes ‘The Staffordshire 500’ Apprentices Wage Support programme which aims to incentivise employers to take on 16 to 24-year-olds by contributing towards the cost of the wages of 500 apprentices.\nBusinesses are also being offered support to upskill their employees or train new staff through the Nil Cost Training for Employers Top-up Project which will provide up to 500 businesses with grants of up to £5,000 over the next 15 months.\nThe final initiative – The Small Business ‘to Thrive’ Financial Support programme – will see small businesses offered grants of between £2,000 and £5,000 to cover expenditure costs essential to their operations.\nThe total value of all of the schemes is £5 million, this includes a £860,000 investment from Staffordshire County Council and contributions from the county’s district and borough councils, as well as central Government.\nStaffordshire County Council will run all three programmes on behalf of the partnership.\nStaffordshire County Council’s deputy leader and cabinet member for economy and skills, Philip White, said: “It is critical that as a county council we continue to prioritise support for small businesses and people whose jobs or employment prospects have been impacted by the pandemic.\n“In an area like Staffordshire that has a county council plus district and borough councils with their own covid-19 funding, this support is far more effectively delivered by close collaborative working between councils and a range of other partners to make our respective funding go further.”\nWant more business news straight to your inbox? BusinessLive is your home for business news from around the country - and you can stay in touch with all the latest news through our email alerts. You can sign up to receive daily morning news bulletins from every region we cover and to weekly email bulletins covering key economic sectors from manufacturing to technology and enterprise. And we'll send out breaking news alerts for any stories we think you can't miss. Visit our email preference centre to sign up to all the latest news from BusinessLive.\nHe added: “We owe it to businesses and communities to direct all available funding where it is needed most, and vitally to make it accessible as soon as possible.\n“The new programmes are designed to complement existing support schemes and cover gaps in the assistance already available. We look forward to working with colleagues across our district and boroughs to get them off the ground imminently.”\nThe new programmes are in addition to the package of support which has already been launched by the county council including a start-up scheme to support up to 300 aspiring entrepreneurs to get their businesses up and running, a start-up loan scheme to provide loans of between £3,000 and £5,000 and a student start-up programme to help hundreds of students start a new venture.",
"£5m funding launched to support Staffordshire businesses",
"Three new support programmes are being set up to help companies across the county bounce back from the pandemic"
] |
|
[
"Graeme Whitfield"
] | 2021-01-20T14:52:26 | null | 2021-01-20T13:55:48 |
The Spanish firm, which makes parts for a range of automotive companies, is closing its Washington plant and switching production to nearby Newton Aycliffe
|
https%3A%2F%2Fwww.business-live.co.uk%2Fmanufacturing%2Fautomotive-firm-gestamp-cut-north-19664023.json
|
en
| null |
Automotive firm Gestamp to cut North East jobs as it moves to new site
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - North East Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
One of the North East’s largest automotive firms is to cut almost 100 jobs as it switches production to another site in the region.
Gestamp, which announced last year that it was shutting its Washington plant and moving production to its site in Newton Aycliffe, is to cut 90 posts on Wearside.
The Spanish company makes chassis components for the likes of Nissan, Jaguar Land Rover, Volvo and Ford and employs around 1,200 people in the North East.
It invested £43m in the North East in 2018 to increase production facilities in County Durham.
But the firm cut 59 jobs last year after uncertainty in the automotive market, combined with the effects of the Covid-19 pandemic, hit production.
A Gestamp spokesman said: “We can confirm to you that 90 redundancies were announced at Gestamp Washington on January 14.
“We are reducing our workforce in Washington progressively accordingly to the announced plan to cease the activity in this site due to the end of projects.
“We are trying to protect as much jobs as possible by moving positions from the Washington plant to the Aycliffe site. It will depend on future concrete projects and production needs.”
In accounts for 2019, published at the end of last year, Gestamp highlighted how it had used a pay reduction scheme, and the Government’s furlough measures, to protect its financial position during the Covid-19 pandemic.
Turnover for the company rose to £486.2m, though profitability was hit and the firm reported an operating loss of £2.1m. The accounts showed that the company – which also has a plant in the West Midlands – had a headcount of just over 2,200, a drop of about 140 in the year.
The automotive sector has suffered a turbulent period, with Brexit uncertainty, falling demand in China and a drop in the sale of diesel cars all hitting production numbers even before the coronavirus pandemic.
Figures from the Society of Motor Manufacturers and Traders showed that UK car makers showed vehicle registrations hit their lowest level for 28 years last year, despite an increase in demand for electric vehicles.
The sector is a key part of the North East economy, with Gestamp just one of the many companies that have set up in the North East to supply Nissan’s Sunderland plant, and then winning contracts with other manufacturers.
|
https://www.business-live.co.uk/manufacturing/automotive-firm-gestamp-cut-north-19664023
|
en
| 2021-01-20T00:00:00 |
www.business-live.co.uk/30f6c1dc0e6b4992eb01636eadb37d4abc482a0b99139c38e5e9aaeb319077e0.json
|
[
"Sign up to FREE email alerts from BusinessLive - North East Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nOne of the North East’s largest automotive firms is to cut almost 100 jobs as it switches production to another site in the region.\nGestamp, which announced last year that it was shutting its Washington plant and moving production to its site in Newton Aycliffe, is to cut 90 posts on Wearside.\nThe Spanish company makes chassis components for the likes of Nissan, Jaguar Land Rover, Volvo and Ford and employs around 1,200 people in the North East.\nIt invested £43m in the North East in 2018 to increase production facilities in County Durham.\nBut the firm cut 59 jobs last year after uncertainty in the automotive market, combined with the effects of the Covid-19 pandemic, hit production.\nA Gestamp spokesman said: “We can confirm to you that 90 redundancies were announced at Gestamp Washington on January 14.\n“We are reducing our workforce in Washington progressively accordingly to the announced plan to cease the activity in this site due to the end of projects.\n“We are trying to protect as much jobs as possible by moving positions from the Washington plant to the Aycliffe site. It will depend on future concrete projects and production needs.”\nIn accounts for 2019, published at the end of last year, Gestamp highlighted how it had used a pay reduction scheme, and the Government’s furlough measures, to protect its financial position during the Covid-19 pandemic.\nTurnover for the company rose to £486.2m, though profitability was hit and the firm reported an operating loss of £2.1m. The accounts showed that the company – which also has a plant in the West Midlands – had a headcount of just over 2,200, a drop of about 140 in the year.\nThe automotive sector has suffered a turbulent period, with Brexit uncertainty, falling demand in China and a drop in the sale of diesel cars all hitting production numbers even before the coronavirus pandemic.\nFigures from the Society of Motor Manufacturers and Traders showed that UK car makers showed vehicle registrations hit their lowest level for 28 years last year, despite an increase in demand for electric vehicles.\nThe sector is a key part of the North East economy, with Gestamp just one of the many companies that have set up in the North East to supply Nissan’s Sunderland plant, and then winning contracts with other manufacturers.",
"Automotive firm Gestamp to cut North East jobs as it moves to new site",
"The Spanish firm, which makes parts for a range of automotive companies, is closing its Washington plant and switching production to nearby Newton Aycliffe"
] |
|
[
"Tom Houghton",
"Image",
"Trinity Mirror"
] | 2021-01-05T05:15:15 | null | 1956-08-13T00:00:00 |
The firm is optimistic for the future despite a turbulent year
|
https%3A%2F%2Fwww.business-live.co.uk%2Feconomic-development%2Frecycling-giant-emr-cuts-hundreds-19559981.json
|
en
| null |
Recycling giant EMR cuts hundreds of jobs due to Covid pandemic as it plots 'bumpy' 2021 recovery
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - North West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
A global scrap metal recycling firm with headquarters in the North West said it was forced to axe hundreds of jobs during the coronavirus pandemic due to persistent reduced volumes.
European Metal Recycling (EMR), which has sites around the country including in Liverpool and at its Warrington HQ, said due to the "significant material impact" of Covid, it predicts a "bumpy recovery" through next year.
Looking further ahead and despite the challenges posed by 2020, the family firm sees "all kinds of exciting opportunities" for the future - including playing a "big role" in delivering net-zero carbon for the UK.
Speaking to BusinessLive, Ian Sheppard, managing director, said: "Like many businesses, Covid-19 has had a significant material impact. EMR are no different, at the height of the lockdown supply volumes dropped as low as 20% of what we would consider normal.
"This has now stabilised at around 70% of normal with some slow underlying improvement. We expect these reduced volumes to persist through 2021 in the UK and are estimating this at 80% of normal."
He said EMR had "no choice" but to reduce the number of staff - and subsequently cut around 20% of the workforce - a reduction of 250 people.
(Image: Trinity Mirror NW2)
That's as well as closing a site on the south coast and another in Bedfordshire for metal recycling activity. All other sites remain open for business.
Mr Sheppard said: "Normal, excellent service will be maintained at every location. We continue to invest in the business for a bright future beyond the pandemic, but are also planning for a drawn-out, bumpy recovery through 2021."
He added: "We are an essential part of the waste processing infrastructure for the UK. If we don't keep collecting, and processing, washing machines, vehicles and toasters and all the rest of it, then our streets will get clogged up.
"So we had to keep our infrastructure going. And we were really grateful that so many of our staff carried on doing that."
For Mr Sheppard, the problems arising from the Covid crisis were "on par" with the financial crisis of 2008.
He said: "Those were enormous challenges. We've had several major price shocks in all aspects of our business over the last 15 years.
"It's been major regulatory changes or major economic crashes of one sort or another. I think we're probably a bit luckier than other sectors like hospitality. We've been able to keep going, but just at reduced volume."
Employing over 1,000 people around the UK including 390 in the North West, EMR recycles everything from drinks cans to aircraft carriers, and is involved in all stages of the process - from reclamation and processing to the haulage, freight and delivery to its international customer base.
It recycles 10m tonnes of waste per year, with products re-used, recycled and recovered into more than 200 grades of new, sustainable raw materials.
One of the North West's biggest companies, EMR has a history spanning 70 years, when it was founded as The Sheppard Group in Rochdale back in 1950.
After various domestic international mergers, it became known as EMR in 1994. Further acquisitions followed and now with sites all over the UK, Europe and the US, Mr Sheppard is the third generation of the family to work in the business.
In Liverpool - one of the firm's main UK ports - it handles over 1m tonnes of materials every year.
Sign up for your free BusinessLive North West newsletter BusinessLive is your home for business news from around the North West- and you can stay in touch with all the latest news from Greater Manchester, Liverpool City Region, Cheshire, Lancashire and Cumbria through our email alerts. You can sign up to receive daily morning news bulletins from every region we cover and to weekly email bulletins covering key economic sectors from manufacturing to technology and enterprise. And we'll send out breaking news alerts for any stories we think you can't miss. By bringing together North West coverage with that from across Reach’s titles in England and Wales, BusinessLive will shine a spotlight on the entrepreneurs, the stars of the future and the small firms that are the backbone of our economy. Visit our email preference centre to sign up to all the latest news from BusinessLive.
Mr Sheppard said: "We've always reinvested pretty much all of our profits into developing the business. The advantage of being in a family business rooted in the North West is that we can make long-term decisions and really look to the future.
"That's very much the way we are planning our strategy at the moment."
Mr Sheppard said he had optimism for the coming year, adding: "We're operating in a sector where there's a huge amount of consumer interest and big interest from the brands.
"People really care about the environment, and we really care that we're part of delivering the future circular economy, and we see all kinds of exciting opportunities ahead.
"We see a big role for us to play in delivering net-zero carbon for the UK."
EMR has big ambitions on that front - pledging to become net-zero carbon for indirect emissions created by the purchase of electricity or steam by 2030, and overall net-zero by 2040 - 10 years earlier than the UK's target.
That's as well as a recent sustainability strategy launch to become the first recycler to sign up to all the Climate Group’s initiatives, joining a partnership to create a new supply chain for rare earth magnets, and launching the RECOVAS project with BMW, JLR and Bentley.
The latter scheme is aimed at creating a solution to recycling electric car batteries, which the partnership said would create more than 500 jobs.
Mr Sheppard said the North West and the UK as a whole was doing well in the battle to prevent climate change - but that "there's always more we can do".
He said: "I think the UK is actually doing remarkably well. And we should because we've got to. We're building a bit of a competitive advantage in that area.
"Post-Brexit, we need to have a competitive advantage in the world, and that's definitely an area where we should be and are leading.
"There's development of hydrogen transmission infrastructure and a lot of recycling skills in the North West, not just EMR but plenty of other companies recycling plastics and other materials. It's becoming a bit of a centre of excellence for that activity."
|
https://www.business-live.co.uk/economic-development/recycling-giant-emr-cuts-hundreds-19559981
|
en
| 1956-08-13T00:00:00 |
www.business-live.co.uk/cf5011c2e8182450cea1bd5a35c21dc0aa575bea7304f2ed37069225eccb3079.json
|
[
"Sign up to FREE email alerts from BusinessLive - North West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nA global scrap metal recycling firm with headquarters in the North West said it was forced to axe hundreds of jobs during the coronavirus pandemic due to persistent reduced volumes.\nEuropean Metal Recycling (EMR), which has sites around the country including in Liverpool and at its Warrington HQ, said due to the \"significant material impact\" of Covid, it predicts a \"bumpy recovery\" through next year.\nLooking further ahead and despite the challenges posed by 2020, the family firm sees \"all kinds of exciting opportunities\" for the future - including playing a \"big role\" in delivering net-zero carbon for the UK.\nSpeaking to BusinessLive, Ian Sheppard, managing director, said: \"Like many businesses, Covid-19 has had a significant material impact. EMR are no different, at the height of the lockdown supply volumes dropped as low as 20% of what we would consider normal.\n\"This has now stabilised at around 70% of normal with some slow underlying improvement. We expect these reduced volumes to persist through 2021 in the UK and are estimating this at 80% of normal.\"\nHe said EMR had \"no choice\" but to reduce the number of staff - and subsequently cut around 20% of the workforce - a reduction of 250 people.\n(Image: Trinity Mirror NW2)\nThat's as well as closing a site on the south coast and another in Bedfordshire for metal recycling activity. All other sites remain open for business.\nMr Sheppard said: \"Normal, excellent service will be maintained at every location. We continue to invest in the business for a bright future beyond the pandemic, but are also planning for a drawn-out, bumpy recovery through 2021.\"\nHe added: \"We are an essential part of the waste processing infrastructure for the UK. If we don't keep collecting, and processing, washing machines, vehicles and toasters and all the rest of it, then our streets will get clogged up.\n\"So we had to keep our infrastructure going. And we were really grateful that so many of our staff carried on doing that.\"\nFor Mr Sheppard, the problems arising from the Covid crisis were \"on par\" with the financial crisis of 2008.\nHe said: \"Those were enormous challenges. We've had several major price shocks in all aspects of our business over the last 15 years.\n\"It's been major regulatory changes or major economic crashes of one sort or another. I think we're probably a bit luckier than other sectors like hospitality. We've been able to keep going, but just at reduced volume.\"\nEmploying over 1,000 people around the UK including 390 in the North West, EMR recycles everything from drinks cans to aircraft carriers, and is involved in all stages of the process - from reclamation and processing to the haulage, freight and delivery to its international customer base.\nIt recycles 10m tonnes of waste per year, with products re-used, recycled and recovered into more than 200 grades of new, sustainable raw materials.\nOne of the North West's biggest companies, EMR has a history spanning 70 years, when it was founded as The Sheppard Group in Rochdale back in 1950.\nAfter various domestic international mergers, it became known as EMR in 1994. Further acquisitions followed and now with sites all over the UK, Europe and the US, Mr Sheppard is the third generation of the family to work in the business.\nIn Liverpool - one of the firm's main UK ports - it handles over 1m tonnes of materials every year.\nSign up for your free BusinessLive North West newsletter BusinessLive is your home for business news from around the North West- and you can stay in touch with all the latest news from Greater Manchester, Liverpool City Region, Cheshire, Lancashire and Cumbria through our email alerts. You can sign up to receive daily morning news bulletins from every region we cover and to weekly email bulletins covering key economic sectors from manufacturing to technology and enterprise. And we'll send out breaking news alerts for any stories we think you can't miss. By bringing together North West coverage with that from across Reach’s titles in England and Wales, BusinessLive will shine a spotlight on the entrepreneurs, the stars of the future and the small firms that are the backbone of our economy. Visit our email preference centre to sign up to all the latest news from BusinessLive.\nMr Sheppard said: \"We've always reinvested pretty much all of our profits into developing the business. The advantage of being in a family business rooted in the North West is that we can make long-term decisions and really look to the future.\n\"That's very much the way we are planning our strategy at the moment.\"\nMr Sheppard said he had optimism for the coming year, adding: \"We're operating in a sector where there's a huge amount of consumer interest and big interest from the brands.\n\"People really care about the environment, and we really care that we're part of delivering the future circular economy, and we see all kinds of exciting opportunities ahead.\n\"We see a big role for us to play in delivering net-zero carbon for the UK.\"\nEMR has big ambitions on that front - pledging to become net-zero carbon for indirect emissions created by the purchase of electricity or steam by 2030, and overall net-zero by 2040 - 10 years earlier than the UK's target.\nThat's as well as a recent sustainability strategy launch to become the first recycler to sign up to all the Climate Group’s initiatives, joining a partnership to create a new supply chain for rare earth magnets, and launching the RECOVAS project with BMW, JLR and Bentley.\nThe latter scheme is aimed at creating a solution to recycling electric car batteries, which the partnership said would create more than 500 jobs.\nMr Sheppard said the North West and the UK as a whole was doing well in the battle to prevent climate change - but that \"there's always more we can do\".\nHe said: \"I think the UK is actually doing remarkably well. And we should because we've got to. We're building a bit of a competitive advantage in that area.\n\"Post-Brexit, we need to have a competitive advantage in the world, and that's definitely an area where we should be and are leading.\n\"There's development of hydrogen transmission infrastructure and a lot of recycling skills in the North West, not just EMR but plenty of other companies recycling plastics and other materials. It's becoming a bit of a centre of excellence for that activity.\"",
"Recycling giant EMR cuts hundreds of jobs due to Covid pandemic as it plots 'bumpy' 2021 recovery",
"The firm is optimistic for the future despite a turbulent year"
] |
|
[
"Chris Pyke",
"Image",
"Matthew Horwood Getty Images"
] | 2021-01-20T02:41:51 | null | 2021-01-20T02:00:00 |
In 2020 the Wild Water Group acquired three new sites, in Newport, Avonmouth and Plymouth, bringing their total number of storage sites to six across South Wales and south-west England
|
https%3A%2F%2Fwww.business-live.co.uk%2Fmanufacturing%2Fcold-storage-firm-eyes-further-19657601.json
|
en
| null |
Cold storage firm eyes further expansion following strong year
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - Wales Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
Welsh cold storage firm Wild Water has further expansion on its radar after significant growth last year.
In 2020 the Wild Water Group acquired three new sites, in Newport, Avonmouth and Plymouth. This brought the total storage facility offering to six sites across South Wales and south-west England.
Since the group acquired a 12-acre site with a 138,000 sq ft warehouse facility in Aberbargoed in September 2018, its mission has been to further support customer growth.
The new sites will allow Wild Water Group to expand its network and deliver on its mission to provide the leading bespoke cold storage and distribution services across Wales and England.
The expansion has seen the group’s capacity increase to more than 45,000 frozen pallets, 6,000 chilled pallets, and 10,000 ambient pallets, as well as a significant increase in their blast freezing capacity.
Ken Rattenbury, founder and group managing director of the Wild Water Group, said: “Our latest expansion achieves both our employment and operational goals for 2020.
“From an operational perspective, we’ve used the expansion to build upon our subsidiary transport company as we’ve been able to further our cross-docking opportunities, which allows us to provide maximum value for money for our customers and reduces our overall carbon footprint.”
The group has also developed its commercial, finance and human resources departments.
HR manager Bryony Arnold added: “In such an uncertain time, we are incredibly proud that we’ve been able to offer opportunities to people in areas of high unemployment and we remain committed to developing talent from within.
“We’ve supported many of our new colleagues into managerial or technical positions since the acquisition.”
In April last year the Wild Water Group’s Cardiff Bay facility was used as a temporary morgue during the pandemic.
The company said at the time a segregated part of the facility was being used as a mortuary, which was guarded by round-the-clock security along with specially-trained police officers.
In November it was revealed that more than £2.5m had been spent on two temporary morgues in Cardiff during the coronavirus pandemic, with Wild Water’s Cardiff facility named as one of the sites.
Cardiff Council was renting space at the two warehouses on behalf of the South Wales local resilience forum, a group of seven councils, local health boards and local emergency services.
The cost of the two temporary morgues was revealed in a report towards the end of last year to the council’s cabinet — £2,527,000 from April until September. The budget monitoring report showed “body storage” costing the council £809,000 in just September alone.
The group is now looking to the future and its group non-executive director, Nigel Payne, said: “The focus is now for the group to grow sales at all its site locations as the group is seen by many of our major customers in Wales and growing south west customer base as a key strategic partner in view of our turnkey offering.
“Whilst our headquarters are based in Wales, we are now seen as very much a regional business for the food and drink sector.”
Ken Rattenbury expressed the significance of the group’s expansion in the current economic climate, saying that while both businesses and the economy as a whole have been hugely impacted by the decision to leave the European Union and the Covid-19 pandemic, Wild Water Group has continued its considered and sustainable growth strategy.
(Image: Matthew Horwood/Getty Images)
Jake Rattenbury, the operations director for the group, added: “Over the past few years we’ve found the demand from our customers has been growing constantly for an all-round bespoke cold storage solution.
“We’re proud to be able to deliver on that and dramatically increase our storage capacity over the last three years whilst still maintaining our high levels of service.
“It’s great to support our existing and new customers with their short and long-term needs, and we continue to offer flexibility and support on a larger scale.
“It’s a testament to the whole Wild Water team that we’ve been able to grow continually in such challenging times and we’re excited for what the future will bring.”
Paul Watson, former CFO and CEO of Airbus Integrated Systems and Cyber Security based in Newport, joined Wild Water as group finance director in December 2019 tasked with building a strong strategic finance capability to match the growth and ambition of the business.
Sign up to our BusinessLive Wales email service BusinessLive Wales is your new comprehensive home for business news from across Wales; from large corporates to exciting start-ups and sectors ranging from advanced manufacturing to financial and professional services. To sign up to our breaking news and daily newsletter service CLICK HERE.
As well as our in-depth early morning newsletter, we will be sending out regular breaking news email alerts.
Mr Watson said: “Having achieved our ambitious goal to expand into south west England during the toughest and most uncertain financial and economic crisis since World War Two, Wild Water Group will continue to invest in our current facilities and deliver on our strategy for rapid expansion.”
Mike Rattenbury, the group’s commercial director and legal counsel, says a focus in 2021 is to support its existing and new customers’ export initiatives to global markets.
“Wild Water Group brings to the market a very strong alliance agreement in this area, and with GSL (part of the Al Shirawi Group of companies), they are a leading onshore 3PL provider within the UAE and a GAC leading ship logistics company, which offer complete logistic freight forwarding and marine services on a global basis.”
|
https://www.business-live.co.uk/manufacturing/cold-storage-firm-eyes-further-19657601
|
en
| 2021-01-20T00:00:00 |
www.business-live.co.uk/e4810da1bd1be943326e38130d3e0466f0b50ebe1ee14eab4654a2a1fb4a301c.json
|
[
"Sign up to FREE email alerts from BusinessLive - Wales Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nWelsh cold storage firm Wild Water has further expansion on its radar after significant growth last year.\nIn 2020 the Wild Water Group acquired three new sites, in Newport, Avonmouth and Plymouth. This brought the total storage facility offering to six sites across South Wales and south-west England.\nSince the group acquired a 12-acre site with a 138,000 sq ft warehouse facility in Aberbargoed in September 2018, its mission has been to further support customer growth.\nThe new sites will allow Wild Water Group to expand its network and deliver on its mission to provide the leading bespoke cold storage and distribution services across Wales and England.\nThe expansion has seen the group’s capacity increase to more than 45,000 frozen pallets, 6,000 chilled pallets, and 10,000 ambient pallets, as well as a significant increase in their blast freezing capacity.\nKen Rattenbury, founder and group managing director of the Wild Water Group, said: “Our latest expansion achieves both our employment and operational goals for 2020.\n“From an operational perspective, we’ve used the expansion to build upon our subsidiary transport company as we’ve been able to further our cross-docking opportunities, which allows us to provide maximum value for money for our customers and reduces our overall carbon footprint.”\nThe group has also developed its commercial, finance and human resources departments.\nHR manager Bryony Arnold added: “In such an uncertain time, we are incredibly proud that we’ve been able to offer opportunities to people in areas of high unemployment and we remain committed to developing talent from within.\n“We’ve supported many of our new colleagues into managerial or technical positions since the acquisition.”\nIn April last year the Wild Water Group’s Cardiff Bay facility was used as a temporary morgue during the pandemic.\nThe company said at the time a segregated part of the facility was being used as a mortuary, which was guarded by round-the-clock security along with specially-trained police officers.\nIn November it was revealed that more than £2.5m had been spent on two temporary morgues in Cardiff during the coronavirus pandemic, with Wild Water’s Cardiff facility named as one of the sites.\nCardiff Council was renting space at the two warehouses on behalf of the South Wales local resilience forum, a group of seven councils, local health boards and local emergency services.\nThe cost of the two temporary morgues was revealed in a report towards the end of last year to the council’s cabinet — £2,527,000 from April until September. The budget monitoring report showed “body storage” costing the council £809,000 in just September alone.\nThe group is now looking to the future and its group non-executive director, Nigel Payne, said: “The focus is now for the group to grow sales at all its site locations as the group is seen by many of our major customers in Wales and growing south west customer base as a key strategic partner in view of our turnkey offering.\n“Whilst our headquarters are based in Wales, we are now seen as very much a regional business for the food and drink sector.”\nKen Rattenbury expressed the significance of the group’s expansion in the current economic climate, saying that while both businesses and the economy as a whole have been hugely impacted by the decision to leave the European Union and the Covid-19 pandemic, Wild Water Group has continued its considered and sustainable growth strategy.\n(Image: Matthew Horwood/Getty Images)\nJake Rattenbury, the operations director for the group, added: “Over the past few years we’ve found the demand from our customers has been growing constantly for an all-round bespoke cold storage solution.\n“We’re proud to be able to deliver on that and dramatically increase our storage capacity over the last three years whilst still maintaining our high levels of service.\n“It’s great to support our existing and new customers with their short and long-term needs, and we continue to offer flexibility and support on a larger scale.\n“It’s a testament to the whole Wild Water team that we’ve been able to grow continually in such challenging times and we’re excited for what the future will bring.”\nPaul Watson, former CFO and CEO of Airbus Integrated Systems and Cyber Security based in Newport, joined Wild Water as group finance director in December 2019 tasked with building a strong strategic finance capability to match the growth and ambition of the business.\nSign up to our BusinessLive Wales email service BusinessLive Wales is your new comprehensive home for business news from across Wales; from large corporates to exciting start-ups and sectors ranging from advanced manufacturing to financial and professional services. To sign up to our breaking news and daily newsletter service CLICK HERE.\nAs well as our in-depth early morning newsletter, we will be sending out regular breaking news email alerts.\nMr Watson said: “Having achieved our ambitious goal to expand into south west England during the toughest and most uncertain financial and economic crisis since World War Two, Wild Water Group will continue to invest in our current facilities and deliver on our strategy for rapid expansion.”\nMike Rattenbury, the group’s commercial director and legal counsel, says a focus in 2021 is to support its existing and new customers’ export initiatives to global markets.\n“Wild Water Group brings to the market a very strong alliance agreement in this area, and with GSL (part of the Al Shirawi Group of companies), they are a leading onshore 3PL provider within the UAE and a GAC leading ship logistics company, which offer complete logistic freight forwarding and marine services on a global basis.”",
"Cold storage firm eyes further expansion following strong year",
"In 2020 the Wild Water Group acquired three new sites, in Newport, Avonmouth and Plymouth, bringing their total number of storage sites to six across South Wales and south-west England"
] |
|
[
"Tom Pegden"
] | 2021-01-28T03:35:03 | null | 2021-01-28T03:00:00 |
“Despite the negative press surrounding the future of offices, we are confident that... deals can still be done"
|
https%3A%2F%2Fwww.business-live.co.uk%2Fregional-development%2Fdeath-office-exaggerated-nottingham-business-19701791.json
|
en
| null |
"Death of the office" exaggerated as Nottingham business park is now fully let
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - East Midlands Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
Squarestone Asset Management said it has filled all the units at Aspect Business Park, in Nottingham, following what it called a flurry of deals at the end of 2020 and a letting this month.
The park – bought for £7 million on behalf of Squarestone Growth in December 2017 – is now fully let following the letting of a further 5,300 sq ft to the NHS which had previously taken 10,500 sq ft of space there.
These deals follow the letting of 8,400 sq ft to Multi Packaging Solutions in July.
Aspect Business Park provides office space near the well-established Blenheim commercial area and 1.5 miles from Junction 26 of the M1.
Other tenants include Land and New Homes, Gleeson Developments, and Homeserve, and Squarestone also runs a business centre on the park which is almost fully occupied.
Squarestone said there was a waiting list of small tenants wanting to access the park.
Squarestone founding partner Paul Coulter said: “We are thrilled that Aspect Business Park is fully let.
“When we acquired the park three years ago, we were attracted by the high quality of the space and its strategic location close to both amenities and the M1 motorway.
“With ample car parking and good security, we knew we could use our skills to transform the park.
“What is clear in today’s market is that tenant demand is for high quality space, car parking, amenity provision, and flexible leases with affordable rents.
“Despite the negative press surrounding the future of offices, we are confident that by offering the market a quality, but affordable product, deals can still be done.
“Squarestone has demonstrated in 2020 throughout the pandemic a resilient approach to strategic asset management, resulting in a record take-up and our lowest void.
“We expect this will continue in 2021.”
He said that when they acquired the site in 2017, one 3,000 sq ft pavilion had never been let since construction in 2007.
Squarestone modernised it and used its marketing and asset management expertise to let it to Land & New Homes.
A re-organisation of the car park also made access easier.
|
https://www.business-live.co.uk/regional-development/death-office-exaggerated-nottingham-business-19701791
|
en
| 2021-01-28T00:00:00 |
www.business-live.co.uk/bfd0f7df823341046773389b7e55fafcf2b054461962ee1e86b45f4e4881e93d.json
|
[
"Sign up to FREE email alerts from BusinessLive - East Midlands Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nSquarestone Asset Management said it has filled all the units at Aspect Business Park, in Nottingham, following what it called a flurry of deals at the end of 2020 and a letting this month.\nThe park – bought for £7 million on behalf of Squarestone Growth in December 2017 – is now fully let following the letting of a further 5,300 sq ft to the NHS which had previously taken 10,500 sq ft of space there.\nThese deals follow the letting of 8,400 sq ft to Multi Packaging Solutions in July.\nAspect Business Park provides office space near the well-established Blenheim commercial area and 1.5 miles from Junction 26 of the M1.\nOther tenants include Land and New Homes, Gleeson Developments, and Homeserve, and Squarestone also runs a business centre on the park which is almost fully occupied.\nSquarestone said there was a waiting list of small tenants wanting to access the park.\nSquarestone founding partner Paul Coulter said: “We are thrilled that Aspect Business Park is fully let.\n“When we acquired the park three years ago, we were attracted by the high quality of the space and its strategic location close to both amenities and the M1 motorway.\n“With ample car parking and good security, we knew we could use our skills to transform the park.\n“What is clear in today’s market is that tenant demand is for high quality space, car parking, amenity provision, and flexible leases with affordable rents.\n“Despite the negative press surrounding the future of offices, we are confident that by offering the market a quality, but affordable product, deals can still be done.\n“Squarestone has demonstrated in 2020 throughout the pandemic a resilient approach to strategic asset management, resulting in a record take-up and our lowest void.\n“We expect this will continue in 2021.”\nHe said that when they acquired the site in 2017, one 3,000 sq ft pavilion had never been let since construction in 2007.\nSquarestone modernised it and used its marketing and asset management expertise to let it to Land & New Homes.\nA re-organisation of the car park also made access easier.",
"\"Death of the office\" exaggerated as Nottingham business park is now fully let",
"“Despite the negative press surrounding the future of offices, we are confident that... deals can still be done\""
] |
|
[
"Owen Hughes",
"Image",
"Ian Cooper North Wales Live"
] | 2021-01-21T10:39:06 | null | 2021-01-21T09:48:11 |
Teams have been working through the night to protect the site on Wrexham Industrial Estate
|
https%3A%2F%2Fwww.business-live.co.uk%2Feconomic-development%2Fwrexham-covid-vaccine-factory-protected-19669535.json
|
en
| null |
Wrexham Covid vaccine factory protected from flooding by emergency crews during Storm Christoph
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - Wales Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
A factory making the Oxford/AstraZeneca Covid vaccine had to be protected from rising flood waters last night.
Emergency service teams have been working to protect the factory in Wrexham, as Storm Christoph causes havoc around the UK.
Desperate workers rushed to the site to protect the factory and warehouse.
The plant has been tasked with making 300 million doses of the vaccine per year.
Plant owner Wockhardt UK this morning tweeted: "Further to reports on flooding in the Wrexham area, Wockhardt UK also experienced mild flooding yesterday.
"All necessary actions were taken with no disruption to manufacturing.
"We would like to reassure everyone that the site is secure and operating as normal. Thank you."
The leader of Wrexham council, Mark Pritchard, said emergency work had been carried out on the Wrexham Industrial Estate to make sure supplies of the Oxford University-AstraZeneca vaccine were not damaged.
He told BBC Radio Wales: “We had an incident at Wrexham Industrial Estate, the Oxford vaccination is produced there and the warehouse where it is stored, obviously I can’t tell you where it is, but we had to work in partnership to make sure we didn’t lose the vaccinations in the floods.”
He said: "I've been up all night it's a very difficult time for us."
Cllr Pritchard reiterated that the factory production line was not at risk.
The CP Pharmaceuticals lab will carry out the "fill and finish" stage of the manufacturing process. This involves dispensing the vaccine into vials ready for it to be sent out across the country.
The 18-month agreement with parent company Wockhardt was announced back in August. Wockhardt is one of the UK's biggest suppliers of medicines such as insulin, diamorphine and heparins to the NHS.
|
https://www.business-live.co.uk/economic-development/wrexham-covid-vaccine-factory-protected-19669535
|
en
| 2021-01-21T00:00:00 |
www.business-live.co.uk/591db33fcdc34d14380fc15056f63e9534172ec6f126ca53101f479f797fa87a.json
|
[
"Sign up to FREE email alerts from BusinessLive - Wales Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nA factory making the Oxford/AstraZeneca Covid vaccine had to be protected from rising flood waters last night.\nEmergency service teams have been working to protect the factory in Wrexham, as Storm Christoph causes havoc around the UK.\nDesperate workers rushed to the site to protect the factory and warehouse.\nThe plant has been tasked with making 300 million doses of the vaccine per year.\nPlant owner Wockhardt UK this morning tweeted: \"Further to reports on flooding in the Wrexham area, Wockhardt UK also experienced mild flooding yesterday.\n\"All necessary actions were taken with no disruption to manufacturing.\n\"We would like to reassure everyone that the site is secure and operating as normal. Thank you.\"\nThe leader of Wrexham council, Mark Pritchard, said emergency work had been carried out on the Wrexham Industrial Estate to make sure supplies of the Oxford University-AstraZeneca vaccine were not damaged.\nHe told BBC Radio Wales: “We had an incident at Wrexham Industrial Estate, the Oxford vaccination is produced there and the warehouse where it is stored, obviously I can’t tell you where it is, but we had to work in partnership to make sure we didn’t lose the vaccinations in the floods.”\nHe said: \"I've been up all night it's a very difficult time for us.\"\nCllr Pritchard reiterated that the factory production line was not at risk.\nThe CP Pharmaceuticals lab will carry out the \"fill and finish\" stage of the manufacturing process. This involves dispensing the vaccine into vials ready for it to be sent out across the country.\nThe 18-month agreement with parent company Wockhardt was announced back in August. Wockhardt is one of the UK's biggest suppliers of medicines such as insulin, diamorphine and heparins to the NHS.",
"Wrexham Covid vaccine factory protected from flooding by emergency crews during Storm Christoph",
"Teams have been working through the night to protect the site on Wrexham Industrial Estate"
] |
|
[
"Coreena Ford"
] | 2021-01-29T10:06:37 | null | 2021-01-29T09:42:05 |
60 million doses of Novavax are set to be manufactured at Billingham-based Fujifilm Diosynth Biotechnologies
|
https%3A%2F%2Fwww.business-live.co.uk%2Feconomic-development%2Ffourth-coronavirus-vaccine-could-approved-19724566.json
|
en
| null |
Fourth coronavirus vaccine could be approved within weeks after clearing major hurdle
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - National Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
A fourth Covid-19 vaccine could be approved for use in the UK within week, after late-stage trials showed it was 89% effective in preventing coronavirus.
The UK has secured 60m doses of the Novavax jab - which will be manufactured on Teesside - which is believed to offer protection against the new UK and South African variants.
It was shown to be 89.3% effective at preventing coronavirus in participants in its Phase 3 clinical trial in the UK, which involved more than 15,000 people aged between 18-84, of which 27% were older than 65, Novavax said.
The vaccine will now be assessed by the Medicines and Healthcare products Regulatory Agency (MHRA), Prime Minister Boris Johnson confirmed, as he thanked volunteers who made the results possible.
Stan Erck, chief executive of Novavax, said the manufacturing plant in Stockton should be up and running by March or April, with the company hoping to get approval for the vaccine from the MHRA around the same time.
The 60m doses of the vaccine are set to be manufactured at Billingham-based Fujifilm Diosynth Biotechnologies in a bid to supply it as quickly as possible if and when it is approved by regulators.
Novavax announced plans last August to manufacture the bulk of the vaccine in Billingham.
Fujifilm is building a new BioCampus at its Billingham site, which will include 42,000 sq ft of office accommodation and a visitor centre.
Health Secretary Matt Hancock said the NHS stands ready to roll out the vaccine if it is approved, which he said would provide a "significant boost to our vaccination programme and another weapon in our arsenal to beat this awful virus".
The chairman of the Government's Vaccine Taskforce, Clive Dix, said the results were "spectacular", adding: "The efficacy shown against the emerging variants is also extremely encouraging.
"This is an incredible achievement that will ensure we can protect individuals in the UK and the rest of the world from this virus."
The jab has shown around 60% effectiveness against the South African variant, which has been worrying scientists due to concerns vaccines may not work against it, but it offered 86% protection against the new UK strain.
Two vaccines have already been rolled out in the UK - from Pfizer and Oxford/AstraZeneca - while a third from Moderna has been approved for use.
Professor Paul Heath, the Novavax Phase 3 trial chief investigator, said he believed that vaccines could be adapted "at pace" to target new variants of coronavirus after the Novavax jab was found to be effective against the Kent variant.
He told BBC Radio 4's Today the results from his trial were "yet another great step forward for the UK".
Prof Heath added: "I think the technology we have both with this vaccine, the Novavax technology, and the other vaccines, it is such that they can adapt quickly so we can expect to see, if required, new vaccines or bivalent vaccines, where two different strains are joined together in the one vaccine.
"And that now can be done at pace so that we can keep up with these variants should they prove to be difficult to prevent with the vaccine that we have at the moment.
"We've seen for the UK that the UK variant can be successfully prevented with this vaccine, which is great.
"Yes, the South African variant is more difficult and hopefully there will not be more variants but we may expect to see some as time goes on."
|
https://www.business-live.co.uk/economic-development/fourth-coronavirus-vaccine-could-approved-19724566
|
en
| 2021-01-29T00:00:00 |
www.business-live.co.uk/d446b9a0766c0280bce87535427153f2b7134a8566ddc2cd96bcaa21f9621ce5.json
|
[
"Sign up to FREE email alerts from BusinessLive - National Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nA fourth Covid-19 vaccine could be approved for use in the UK within week, after late-stage trials showed it was 89% effective in preventing coronavirus.\nThe UK has secured 60m doses of the Novavax jab - which will be manufactured on Teesside - which is believed to offer protection against the new UK and South African variants.\nIt was shown to be 89.3% effective at preventing coronavirus in participants in its Phase 3 clinical trial in the UK, which involved more than 15,000 people aged between 18-84, of which 27% were older than 65, Novavax said.\nThe vaccine will now be assessed by the Medicines and Healthcare products Regulatory Agency (MHRA), Prime Minister Boris Johnson confirmed, as he thanked volunteers who made the results possible.\nStan Erck, chief executive of Novavax, said the manufacturing plant in Stockton should be up and running by March or April, with the company hoping to get approval for the vaccine from the MHRA around the same time.\nThe 60m doses of the vaccine are set to be manufactured at Billingham-based Fujifilm Diosynth Biotechnologies in a bid to supply it as quickly as possible if and when it is approved by regulators.\nNovavax announced plans last August to manufacture the bulk of the vaccine in Billingham.\nFujifilm is building a new BioCampus at its Billingham site, which will include 42,000 sq ft of office accommodation and a visitor centre.\nHealth Secretary Matt Hancock said the NHS stands ready to roll out the vaccine if it is approved, which he said would provide a \"significant boost to our vaccination programme and another weapon in our arsenal to beat this awful virus\".\nThe chairman of the Government's Vaccine Taskforce, Clive Dix, said the results were \"spectacular\", adding: \"The efficacy shown against the emerging variants is also extremely encouraging.\n\"This is an incredible achievement that will ensure we can protect individuals in the UK and the rest of the world from this virus.\"\nThe jab has shown around 60% effectiveness against the South African variant, which has been worrying scientists due to concerns vaccines may not work against it, but it offered 86% protection against the new UK strain.\nTwo vaccines have already been rolled out in the UK - from Pfizer and Oxford/AstraZeneca - while a third from Moderna has been approved for use.\nProfessor Paul Heath, the Novavax Phase 3 trial chief investigator, said he believed that vaccines could be adapted \"at pace\" to target new variants of coronavirus after the Novavax jab was found to be effective against the Kent variant.\nHe told BBC Radio 4's Today the results from his trial were \"yet another great step forward for the UK\".\nProf Heath added: \"I think the technology we have both with this vaccine, the Novavax technology, and the other vaccines, it is such that they can adapt quickly so we can expect to see, if required, new vaccines or bivalent vaccines, where two different strains are joined together in the one vaccine.\n\"And that now can be done at pace so that we can keep up with these variants should they prove to be difficult to prevent with the vaccine that we have at the moment.\n\"We've seen for the UK that the UK variant can be successfully prevented with this vaccine, which is great.\n\"Yes, the South African variant is more difficult and hopefully there will not be more variants but we may expect to see some as time goes on.\"",
"Fourth coronavirus vaccine could be approved within weeks after clearing major hurdle",
"60 million doses of Novavax are set to be manufactured at Billingham-based Fujifilm Diosynth Biotechnologies"
] |
|
[
"Tom Pegden"
] | 2021-01-19T04:43:00 | null | 2021-01-19T03:00:00 |
Research by KPMG shows drop in hearings comes despite lockdown fraudsters taking advantage of consumer uncertainty
|
https%3A%2F%2Fwww.business-live.co.uk%2Fprofessional-services%2Fmidlands-fraud-prosecutions-blocked-pandemic-19649942.json
|
en
| null |
Midlands fraud prosecutions blocked by pandemic
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - East Midlands Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
The number of Midlands fraud prosecutions has fallen dramatically because of the pressures placed on courts by the pandemic.
New figures suggest a fraction of the normal caseload is being heard after restrictions led to the closure and postponement of many court operations.
Research by KPMG shows it comes despite lockdown fraudsters taking advantage of consumer uncertainty.
During 2020 KPMG said:
- The value of fraud cases seen by Midlands courts dropped by 91 per cent
- The total UK value of alleged fraud prosecuted in court was down by 36 per cent to £724 million (which included a single £200 million film piracy case) from £1.1 billion in 2019
- Procurement, mortgage, misappropriation of assets, and counterfeit goods fraud are on the rise
- Fraudsters have adapted to Covid-19
KPMG’s research said 25 cases with a combined value of £59.8 million were heard in Midlands’ courts last year – 12 in the East Midlands and 13 in the West Midlands – compared to 67 cases totalling £684 million in 2019.
The business advisory specialist said although the value and volume of cases had dropped, the types of fraud committed generally remained on a par with the previous year.
Commercial businesses were the main victims in 2020, although there was a drop in the number of fraud cases against government bodies.
Julie Bruce, forensic director at KPMG in the Midlands, said: “Considering many of our regional courts were temporarily closed due to the pandemic, it’s no surprise that the volume of cases has dropped.
“However, this also suggests that the true extent of fraud committed across the region is yet to come to light, particularly given everything going on in the world at the moment.
“Commercial businesses were the most common targets locally and with many experiencing pressures and uncertainty in the current environment, the risk of fraud by employees in businesses will only continue to increase.
“The methods that criminals are using to extract either data or cash are ever evolving, so businesses must be vigilant and ensure protective measures are in place and that any controls are effective and regularly tested and monitored.”
Notable cases to reach the region’s courts included three Warwickshire conmen who claimed £29.5 million in tax relief against a fake project and a Leicestershire lawyer and a colleague who tried to sell £3 million worth of properties that they did not own.
A big Shropshire case came after a senior charity worker stole £184,000 to pay off credit card bills.
KPMG’s annual Fraud Barometer – which records fraud cases of more than £100,000 reaching UK courts – reported a 51 per cent drop in the UK volume of cases heard in 2020 from 369 to 180.
During the Covid-19 pandemic the value of alleged fraud cases was less than £724 million, down from £1.1 billion in 2019.
That included one film piracy case – which if the fraud had been successful could have cost the industry £200 million – nearly doubled the value of fraud committed up to July 2020.
Roy Waligora, head of UK Investigations at KPMG said: “As we reflect on the 2020 fraud data, the brewing backlog of untried cases continuing to build up like water behind a dam cannot be ignored.
“Businesses and the general public must be cognisant of the fact that the drop in both the value and volume of fraud cases is not reflective of a downturn in economic crime, but rather fallout following the Covid-19 lockdown restrictions on the courts.
“We know that disruption and uncertainty make for inviting economic components for fraudsters. Covid-19, coupled with Brexit, which tipped the scales towards the end of 2020, means that 2021 will remain at high risk for fraud and economic crime.
“While a tsunami of fraud is still expected to hit the courts in 2021, it is evident that progressive measures, such as virtual courts, being put in place to manage the upcoming cases will likely ease the backlog.”
|
https://www.business-live.co.uk/professional-services/midlands-fraud-prosecutions-blocked-pandemic-19649942
|
en
| 2021-01-19T00:00:00 |
www.business-live.co.uk/a14a3ed882e04ad6387c19b115ef9cc0c81278ee9bc4cc481ef143525907b3c4.json
|
[
"Sign up to FREE email alerts from BusinessLive - East Midlands Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nThe number of Midlands fraud prosecutions has fallen dramatically because of the pressures placed on courts by the pandemic.\nNew figures suggest a fraction of the normal caseload is being heard after restrictions led to the closure and postponement of many court operations.\nResearch by KPMG shows it comes despite lockdown fraudsters taking advantage of consumer uncertainty.\nDuring 2020 KPMG said:\n- The value of fraud cases seen by Midlands courts dropped by 91 per cent\n- The total UK value of alleged fraud prosecuted in court was down by 36 per cent to £724 million (which included a single £200 million film piracy case) from £1.1 billion in 2019\n- Procurement, mortgage, misappropriation of assets, and counterfeit goods fraud are on the rise\n- Fraudsters have adapted to Covid-19\nKPMG’s research said 25 cases with a combined value of £59.8 million were heard in Midlands’ courts last year – 12 in the East Midlands and 13 in the West Midlands – compared to 67 cases totalling £684 million in 2019.\nThe business advisory specialist said although the value and volume of cases had dropped, the types of fraud committed generally remained on a par with the previous year.\nCommercial businesses were the main victims in 2020, although there was a drop in the number of fraud cases against government bodies.\nJulie Bruce, forensic director at KPMG in the Midlands, said: “Considering many of our regional courts were temporarily closed due to the pandemic, it’s no surprise that the volume of cases has dropped.\n“However, this also suggests that the true extent of fraud committed across the region is yet to come to light, particularly given everything going on in the world at the moment.\n“Commercial businesses were the most common targets locally and with many experiencing pressures and uncertainty in the current environment, the risk of fraud by employees in businesses will only continue to increase.\n“The methods that criminals are using to extract either data or cash are ever evolving, so businesses must be vigilant and ensure protective measures are in place and that any controls are effective and regularly tested and monitored.”\nNotable cases to reach the region’s courts included three Warwickshire conmen who claimed £29.5 million in tax relief against a fake project and a Leicestershire lawyer and a colleague who tried to sell £3 million worth of properties that they did not own.\nA big Shropshire case came after a senior charity worker stole £184,000 to pay off credit card bills.\nKPMG’s annual Fraud Barometer – which records fraud cases of more than £100,000 reaching UK courts – reported a 51 per cent drop in the UK volume of cases heard in 2020 from 369 to 180.\nDuring the Covid-19 pandemic the value of alleged fraud cases was less than £724 million, down from £1.1 billion in 2019.\nThat included one film piracy case – which if the fraud had been successful could have cost the industry £200 million – nearly doubled the value of fraud committed up to July 2020.\nRoy Waligora, head of UK Investigations at KPMG said: “As we reflect on the 2020 fraud data, the brewing backlog of untried cases continuing to build up like water behind a dam cannot be ignored.\n“Businesses and the general public must be cognisant of the fact that the drop in both the value and volume of fraud cases is not reflective of a downturn in economic crime, but rather fallout following the Covid-19 lockdown restrictions on the courts.\n“We know that disruption and uncertainty make for inviting economic components for fraudsters. Covid-19, coupled with Brexit, which tipped the scales towards the end of 2020, means that 2021 will remain at high risk for fraud and economic crime.\n“While a tsunami of fraud is still expected to hit the courts in 2021, it is evident that progressive measures, such as virtual courts, being put in place to manage the upcoming cases will likely ease the backlog.”",
"Midlands fraud prosecutions blocked by pandemic",
"Research by KPMG shows drop in hearings comes despite lockdown fraudsters taking advantage of consumer uncertainty"
] |
|
[
"Alistair Houghton"
] | 2021-01-29T16:14:10 | null | 2021-01-29T09:30:00 |
Reach Ad Manager provides advertisers with a range of powerful targeting options
|
https%3A%2F%2Fwww.business-live.co.uk%2Fenterprise%2Fhow-businesses-can-target-ideal-19716140.json
|
en
| null |
How businesses can target their ideal customers in just a few clicks
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - Yorkshire & Humber Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
The launch of Reach Ad Manager means that it's easier than ever for businesses to advertise their products and services to customers wherever they are in the UK.
The new platform is completely self-serve, so advertisers have complete control and can upload their own campaigns to the Reach online network in just four simple steps.
One of the key steps is targeting, so we thought it would be helpful to explore this option and see how it works in practice. In short, targeting is how you hone in on relevant audiences for your business. You'll want to take advantage of Reach's huge online audience of more than 42 million people every month, but at the same time you need to ensure your ads are reaching the right people.
There are three targeting options available in Reach Ad Manager. Audience targeting is used to reach specific groups based on their demographics, interests and lifestyle. Maybe you want to reach males, age 18+, with a keen interest in sport and leisure? This is where you'd do that.
Next up is contextual targeting , which you can use to share your advertising message alongside related content across the Reach network of websites. If you’re an educational establishment, for example, you can choose to have your ads appear alongside education news and features written by our award-winning journalists.
Finally, geography targeting is basically location-based marketing, allowing you to select the geographical areas where you want your ad campaign to run. You’re able to utilise our national and regional news network to target specific locations by country, county, city or town.
As you can see, these options enable advertisers to really connect with their ideal customers. Note however: the narrower you go with your targeting, the smaller your potential audience size will be. Keep this in mind when creating your campaigns.
|
https://www.business-live.co.uk/enterprise/how-businesses-can-target-ideal-19716140
|
en
| 2021-01-29T00:00:00 |
www.business-live.co.uk/f240f2198918d86249640d78c5c29e7f9504a6a954107d477034e5d03e33032a.json
|
[
"Sign up to FREE email alerts from BusinessLive - Yorkshire & Humber Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nThe launch of Reach Ad Manager means that it's easier than ever for businesses to advertise their products and services to customers wherever they are in the UK.\nThe new platform is completely self-serve, so advertisers have complete control and can upload their own campaigns to the Reach online network in just four simple steps.\nOne of the key steps is targeting, so we thought it would be helpful to explore this option and see how it works in practice. In short, targeting is how you hone in on relevant audiences for your business. You'll want to take advantage of Reach's huge online audience of more than 42 million people every month, but at the same time you need to ensure your ads are reaching the right people.\nThere are three targeting options available in Reach Ad Manager. Audience targeting is used to reach specific groups based on their demographics, interests and lifestyle. Maybe you want to reach males, age 18+, with a keen interest in sport and leisure? This is where you'd do that.\nNext up is contextual targeting , which you can use to share your advertising message alongside related content across the Reach network of websites. If you’re an educational establishment, for example, you can choose to have your ads appear alongside education news and features written by our award-winning journalists.\nFinally, geography targeting is basically location-based marketing, allowing you to select the geographical areas where you want your ad campaign to run. You’re able to utilise our national and regional news network to target specific locations by country, county, city or town.\nAs you can see, these options enable advertisers to really connect with their ideal customers. Note however: the narrower you go with your targeting, the smaller your potential audience size will be. Keep this in mind when creating your campaigns.",
"How businesses can target their ideal customers in just a few clicks",
"Reach Ad Manager provides advertisers with a range of powerful targeting options"
] |
|
[
"Jonathon Manning",
"Image",
"Unknown"
] | 2021-01-22T15:44:05 | null | 2021-01-22T14:30:45 |
Finance For Enterprise provides loans to entrepreneurs around Sheffield City Region
|
https%3A%2F%2Fwww.business-live.co.uk%2Fenterprise%2F1000th-start-up-loan-helps-19681542.json
|
en
| null |
1,000th start-up loan helps Barnsley plumber launch own business
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - Yorkshire & Humber Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
A plumber who found himself facing redundancy during lockdown has launched his own business after receiving a start-up loan.
Richard Adlington took the plunge and set up his own plumbing business after becoming the 1,000th recipient of the a Start Up Loan from alternative lending provide Finance For Enterprise.
Mr Adlington had built up his career at a commercial catering equipment company over the last 20 years, where he rose through the ranks to oversee a national portfolio of installation and refurbishment projects.
But during the first national lockdown he was made redundant when work from the hospitality industry dried up.
After realising there was a shortage of qualified plumbers in Barnsley, Mr Adlington decided to become self-employed and set up his own business, Radlington PHS.
The business received support from Launchpad, a unique programme designed to to equip business owners in the Sheffield City Region with the vital skills they need to run their own business.
Through Launchpad, Mr Adlington was introduced to Finance For Enterprise, which helped him develop a business plan that helped him secure a £7,000 loan.
Mr Adlington said: “I knew launching a business would be a big step, especially considering the impact of Covid-19, so I decided to speak to the Launchpad team for advice. I knew I had the technical skills and experience to work as a plumber, but I also knew running my own business meant getting the fundamentals right from day one.
“Launchpad helped me to gain a solid understanding of what was needed, such as understanding my legal and financial responsibilities, finding customers and even knowing how to use social media for business purposes.
“I was apprehensive about approaching Finance For Enterprise for funding, especially as you hear so many stories about viable businesses not being able to secure lending, but my Investment manager made the process really simple and straightforward. Within just a couple a weeks, I received a call telling me my loan had been approved, and I was able to secure the vehicle I needed really quickly. Since then I haven’t looked back and I’ve steadily built up a strong local customer base.”
Ian Howson, business advisor at Finance for Enterprise, said: “It was clear from our first meeting that Richard had spent a great deal of time planning his business.
"The financial projections he used to support his application were well thought out and by producing figures which took into account the impact of Covd-19, it was clear that the loan would not only help him to secure the vital equipment and transport his business needed to trade effectively, but crucially also provided a cash buffer to protect the business during the pandemic.
“Start Up Loans were developed specifically with new business owners in mind and for Richard to become the 1000th recipient, illustrates that the region is brimming with entrepreneurial talent, many of whom have innovated, adapted and succeeded during a particularly challenging time for small business owners.”
Launchpad is the Sheffield City Region’s key business support programme for new business. Financially supported by the European Regional Development Fund and delivered by local authorities within the Sheffield City Region and the Prince’s Trust, the programme provides free help and support to budding entrepreneurs in the City Region.
Ben Hawley, business adviser at Launchpad said: “Richard came to Launchpad with a clear idea how he wanted to build and grow his business but he wasn’t sure what steps would be needed to help him realise the potential in his ideas and he spent time taking part in wide range of training sessions and it was clear during our meetings that’s he’d spent a great deal of time developing and refining his ideas.
"The business plan he produced clearly illustrated a need for additional investment and the work he undertook enabled him to secure the funds needed to give his business the best possible start.”
|
https://www.business-live.co.uk/enterprise/1000th-start-up-loan-helps-19681542
|
en
| 2021-01-22T00:00:00 |
www.business-live.co.uk/2cc7d2ebf6c10b1c7717b1b6f3c289559dba5e8f7b1eb055db0a61e6a978a61f.json
|
[
"Sign up to FREE email alerts from BusinessLive - Yorkshire & Humber Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nA plumber who found himself facing redundancy during lockdown has launched his own business after receiving a start-up loan.\nRichard Adlington took the plunge and set up his own plumbing business after becoming the 1,000th recipient of the a Start Up Loan from alternative lending provide Finance For Enterprise.\nMr Adlington had built up his career at a commercial catering equipment company over the last 20 years, where he rose through the ranks to oversee a national portfolio of installation and refurbishment projects.\nBut during the first national lockdown he was made redundant when work from the hospitality industry dried up.\nAfter realising there was a shortage of qualified plumbers in Barnsley, Mr Adlington decided to become self-employed and set up his own business, Radlington PHS.\nThe business received support from Launchpad, a unique programme designed to to equip business owners in the Sheffield City Region with the vital skills they need to run their own business.\nThrough Launchpad, Mr Adlington was introduced to Finance For Enterprise, which helped him develop a business plan that helped him secure a £7,000 loan.\nMr Adlington said: “I knew launching a business would be a big step, especially considering the impact of Covid-19, so I decided to speak to the Launchpad team for advice. I knew I had the technical skills and experience to work as a plumber, but I also knew running my own business meant getting the fundamentals right from day one.\n“Launchpad helped me to gain a solid understanding of what was needed, such as understanding my legal and financial responsibilities, finding customers and even knowing how to use social media for business purposes.\n“I was apprehensive about approaching Finance For Enterprise for funding, especially as you hear so many stories about viable businesses not being able to secure lending, but my Investment manager made the process really simple and straightforward. Within just a couple a weeks, I received a call telling me my loan had been approved, and I was able to secure the vehicle I needed really quickly. Since then I haven’t looked back and I’ve steadily built up a strong local customer base.”\nIan Howson, business advisor at Finance for Enterprise, said: “It was clear from our first meeting that Richard had spent a great deal of time planning his business.\n\"The financial projections he used to support his application were well thought out and by producing figures which took into account the impact of Covd-19, it was clear that the loan would not only help him to secure the vital equipment and transport his business needed to trade effectively, but crucially also provided a cash buffer to protect the business during the pandemic.\n“Start Up Loans were developed specifically with new business owners in mind and for Richard to become the 1000th recipient, illustrates that the region is brimming with entrepreneurial talent, many of whom have innovated, adapted and succeeded during a particularly challenging time for small business owners.”\nLaunchpad is the Sheffield City Region’s key business support programme for new business. Financially supported by the European Regional Development Fund and delivered by local authorities within the Sheffield City Region and the Prince’s Trust, the programme provides free help and support to budding entrepreneurs in the City Region.\nBen Hawley, business adviser at Launchpad said: “Richard came to Launchpad with a clear idea how he wanted to build and grow his business but he wasn’t sure what steps would be needed to help him realise the potential in his ideas and he spent time taking part in wide range of training sessions and it was clear during our meetings that’s he’d spent a great deal of time developing and refining his ideas.\n\"The business plan he produced clearly illustrated a need for additional investment and the work he undertook enabled him to secure the funds needed to give his business the best possible start.”",
"1,000th start-up loan helps Barnsley plumber launch own business",
"Finance For Enterprise provides loans to entrepreneurs around Sheffield City Region"
] |
|
[
"Chris Pyke"
] | 2021-01-20T13:17:42 | null | 2021-01-20T12:16:27 |
The personalised travel companion says it can take the stress away from booking a holiday
|
https%3A%2F%2Fwww.business-live.co.uk%2Fenterprise%2Fstartups%2Ftravel-start-up-aims-pair-19661570.json
|
en
| null |
Travel start up aims to pair holidaymakers with their ideal hotel
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - Enterprise Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
A new travel tech firm is launching as the industry is seeing a rise in activity.
Many hope that the roll-out of vaccines will mean they will be able to go on holiday next year, and Cardiff-based entrepreneur Gary Piazzon has started a website and app that aims to help people book their ideal hotel.
Personalised travel companion, Porter recommends the users with their best matched hotels rather than serving you an overwhelming list of results to navigate and filter through. Think online dating, but for holidays, Mr Piazzon says.
After asking some questions on sign up, Porter gets to know the user better. It learns about what you find most important and will then match you with a shortlist of the best hotel options.
"Why see the results you’re not interested in?" says Mr Piazzon.
It was a nightmare, timely and stressful booking experience that saw Gary come up with the idea of Porter.
"I visited one of the large online travel agents and entered my search criteria and was hit with a pretty intimidating over 2,000 results,” he says.
"I wrongly assumed the hotels near the top of the list would be a great match for me. Actually, they were nowhere near where I wanted to stay and only appeared higher up as they were clearly paying a higher rate of commission.”
Mr Piazzon says that with many holidaymakers suffering ‘shoppers’ anxiety due to the overwhelming amount of choice, Porter wants to "reinvigorate the fun and excitement of going away – making the booking part less of a chore".
The digital travel companion is designed to make booking a hotel simple and fun by learning about the elements that matter to you so it can assess the thousands of potential property options to help recommend the right places to stay.
"We know different things are important to different people when booking — and finding exactly what you’re looking for can all too often be like walking through a minefield." says Gary.
"After the last year especially, we know people will be keen to get away once it’s safe and they’re able to do so. We want to help by making that as straightforward as possible."
Sign up to our BusinessLive Wales email service BusinessLive Wales is your new comprehensive home for business news from across Wales; from large corporates to exciting start-ups and sectors ranging from advanced manufacturing to financial and professional services. To sign up to our breaking news and daily newsletter service CLICK HERE.
As well as our in-depth early morning newsletter, we will be sending out regular breaking news email alerts.
The Porter team has built the platform from the ground up during the coronavirus pandemic. It comes following a successful pre-seed funding round, made up of a small group of angel investors, of £100,000 in November 2020.
Access to Porter will be rolled out during Q1 2021. However, those keen to find out more can join the waitlist for early access to the beta site.
Mr Piazzon added: "Getting to this stage is a big milestone as we work hard towards launching a new breed of online travel agent.
"A travel agent that focuses on delivering a fun, straightforward and personalised experience."
|
https://www.business-live.co.uk/enterprise/startups/travel-start-up-aims-pair-19661570
|
en
| 2021-01-20T00:00:00 |
www.business-live.co.uk/b9e7abc3369d927813b695320b30fbaab2593ad7277aab7289cabbca5b11dd78.json
|
[
"Sign up to FREE email alerts from BusinessLive - Enterprise Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nA new travel tech firm is launching as the industry is seeing a rise in activity.\nMany hope that the roll-out of vaccines will mean they will be able to go on holiday next year, and Cardiff-based entrepreneur Gary Piazzon has started a website and app that aims to help people book their ideal hotel.\nPersonalised travel companion, Porter recommends the users with their best matched hotels rather than serving you an overwhelming list of results to navigate and filter through. Think online dating, but for holidays, Mr Piazzon says.\nAfter asking some questions on sign up, Porter gets to know the user better. It learns about what you find most important and will then match you with a shortlist of the best hotel options.\n\"Why see the results you’re not interested in?\" says Mr Piazzon.\nIt was a nightmare, timely and stressful booking experience that saw Gary come up with the idea of Porter.\n\"I visited one of the large online travel agents and entered my search criteria and was hit with a pretty intimidating over 2,000 results,” he says.\n\"I wrongly assumed the hotels near the top of the list would be a great match for me. Actually, they were nowhere near where I wanted to stay and only appeared higher up as they were clearly paying a higher rate of commission.”\nMr Piazzon says that with many holidaymakers suffering ‘shoppers’ anxiety due to the overwhelming amount of choice, Porter wants to \"reinvigorate the fun and excitement of going away – making the booking part less of a chore\".\nThe digital travel companion is designed to make booking a hotel simple and fun by learning about the elements that matter to you so it can assess the thousands of potential property options to help recommend the right places to stay.\n\"We know different things are important to different people when booking — and finding exactly what you’re looking for can all too often be like walking through a minefield.\" says Gary.\n\"After the last year especially, we know people will be keen to get away once it’s safe and they’re able to do so. We want to help by making that as straightforward as possible.\"\nSign up to our BusinessLive Wales email service BusinessLive Wales is your new comprehensive home for business news from across Wales; from large corporates to exciting start-ups and sectors ranging from advanced manufacturing to financial and professional services. To sign up to our breaking news and daily newsletter service CLICK HERE.\nAs well as our in-depth early morning newsletter, we will be sending out regular breaking news email alerts.\nThe Porter team has built the platform from the ground up during the coronavirus pandemic. It comes following a successful pre-seed funding round, made up of a small group of angel investors, of £100,000 in November 2020.\nAccess to Porter will be rolled out during Q1 2021. However, those keen to find out more can join the waitlist for early access to the beta site.\nMr Piazzon added: \"Getting to this stage is a big milestone as we work hard towards launching a new breed of online travel agent.\n\"A travel agent that focuses on delivering a fun, straightforward and personalised experience.\"",
"Travel start up aims to pair holidaymakers with their ideal hotel",
"The personalised travel companion says it can take the stress away from booking a holiday"
] |
|
[
"Jonathon Manning",
"Image",
"Meeow"
] | 2021-01-07T13:45:40 | null | 2021-01-07T13:13:29 |
Meeow is attempting to reinvent networking events during the pandemic
|
https%3A%2F%2Fwww.business-live.co.uk%2Ftechnology%2Fmeeow-crowdfunding-crowdcube-networking-business-19579639.json
|
en
| null |
Blind date networking service Meeow looks to raise £150,000 through crowdfunding
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - Yorkshire & Humber Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
A new online networking platform that introduces business owners to complete strangers is looking to raise £150,000 through crowdfunding.
Meeow is a new video networking platform that has been designed to recreate networking events during the pandemic.
The business idea came about after the company’s founders, Chris Rabbitt and Simon Glen, realised they were losing work after their diary of networking events were quickly cancelled due to the coronavirus pandemic.
Explaining the situation, Mr Rabbitt said: “I am a portfolio director and Simon is a graphic designer. All of our work came from word of mouth and networking. We both thought: ‘What are we going to do now?’”
In an attempt to fill the gaps in his diary Mr Glen began holding a Zoom a Day, where he would bring together entrepreneurs and other business people in an attempt to network during lockdown. The events were a huge success and he soon had a waiting list six weeks long.
After speaking to Mr Rabbitt during one of the Zoom a Day meetings the duo realised that they could turn the idea into a business,
The business, based in Cleckheaton, in West Yorkshire, is a dedicated video networking platform but it differs from traditional networking events by only bringing a small number of people together.
Mr Rabbitt said: “We are pretty much ready to launch in early February. It will be our own bespoke video networking platform that can deliver whenver you want to do it.
“When everyone else moved their networking events onlione and it was to cram as many people in room as possible and charge one one £5 to do it.
“For us there is never more than four people in Meeow and that is because if there are loads of people in a Zoom meeting everyone gets lost. With four no one dominates the conversation.”
Meeow also differs from other video conferencing sites in that the company does not tell its clients who they are meeting with before the event. Instead it places its users with random people they would not usually meet. The company argues this helps create useful connections outside of their clients’ normal circles. The only filter users can input is their geographical location.
“The illusion of control is interesting,” said Mr Rabbitt. “People hold on to that.
“For example, people in financial services say they only want to talk to other people in financial services and they think no one else can help. But you are removing yourself from a huge range of opportunities.”
Meeow is looking to launch in early February but is looking to raise between £150,000 and £400,000 on crowdfunding site Crowdcube. The capital will be raised in exchange for a 5.66% share of the company.
(Image: Meeow)
So far Meeow has raised £119,810, just short of 80% of its minimum target. It has five days left to raise the funds online, but if it fails the company says it has a number of private investors interested in investing in the business.
If successful Meeow will use the money to grow its userbase and hire staff.
Mr Rabbitt said: “Meeow will drive all its value from a big user community. We need to drive a critical mass to the platform. About half the cash will be used for marketing. What we don’t need is a bunch of zombies clogging up the service.
“The rest of it will be to grow and bring some expertise in house that we like.”
Those interested in investing in Meeow can do so on the company’s Crowdcube campaign page here.
|
https://www.business-live.co.uk/technology/meeow-crowdfunding-crowdcube-networking-business-19579639
|
en
| 2021-01-07T00:00:00 |
www.business-live.co.uk/e550778704d4a18f9bda92f06d4869773186664d288fd32320240cbefa49c9c0.json
|
[
"Sign up to FREE email alerts from BusinessLive - Yorkshire & Humber Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nA new online networking platform that introduces business owners to complete strangers is looking to raise £150,000 through crowdfunding.\nMeeow is a new video networking platform that has been designed to recreate networking events during the pandemic.\nThe business idea came about after the company’s founders, Chris Rabbitt and Simon Glen, realised they were losing work after their diary of networking events were quickly cancelled due to the coronavirus pandemic.\nExplaining the situation, Mr Rabbitt said: “I am a portfolio director and Simon is a graphic designer. All of our work came from word of mouth and networking. We both thought: ‘What are we going to do now?’”\nIn an attempt to fill the gaps in his diary Mr Glen began holding a Zoom a Day, where he would bring together entrepreneurs and other business people in an attempt to network during lockdown. The events were a huge success and he soon had a waiting list six weeks long.\nAfter speaking to Mr Rabbitt during one of the Zoom a Day meetings the duo realised that they could turn the idea into a business,\nThe business, based in Cleckheaton, in West Yorkshire, is a dedicated video networking platform but it differs from traditional networking events by only bringing a small number of people together.\nMr Rabbitt said: “We are pretty much ready to launch in early February. It will be our own bespoke video networking platform that can deliver whenver you want to do it.\n“When everyone else moved their networking events onlione and it was to cram as many people in room as possible and charge one one £5 to do it.\n“For us there is never more than four people in Meeow and that is because if there are loads of people in a Zoom meeting everyone gets lost. With four no one dominates the conversation.”\nMeeow also differs from other video conferencing sites in that the company does not tell its clients who they are meeting with before the event. Instead it places its users with random people they would not usually meet. The company argues this helps create useful connections outside of their clients’ normal circles. The only filter users can input is their geographical location.\n“The illusion of control is interesting,” said Mr Rabbitt. “People hold on to that.\n“For example, people in financial services say they only want to talk to other people in financial services and they think no one else can help. But you are removing yourself from a huge range of opportunities.”\nMeeow is looking to launch in early February but is looking to raise between £150,000 and £400,000 on crowdfunding site Crowdcube. The capital will be raised in exchange for a 5.66% share of the company.\n(Image: Meeow)\nSo far Meeow has raised £119,810, just short of 80% of its minimum target. It has five days left to raise the funds online, but if it fails the company says it has a number of private investors interested in investing in the business.\nIf successful Meeow will use the money to grow its userbase and hire staff.\nMr Rabbitt said: “Meeow will drive all its value from a big user community. We need to drive a critical mass to the platform. About half the cash will be used for marketing. What we don’t need is a bunch of zombies clogging up the service.\n“The rest of it will be to grow and bring some expertise in house that we like.”\nThose interested in investing in Meeow can do so on the company’s Crowdcube campaign page here.",
"Blind date networking service Meeow looks to raise £150,000 through crowdfunding",
"Meeow is attempting to reinvent networking events during the pandemic"
] |
|
[
"Dylan Jones-Evans",
"Image",
"Usw"
] | 2021-01-29T11:38:30 | null | 2021-01-29T10:32:45 |
Welsh universities make a higher contribution to the economy than other nations or regions across the UK, the need for stable and sustainable funding from the Welsh Government will be critical
|
https%3A%2F%2Fwww.business-live.co.uk%2Fopinion-analysis%2Funiversities-need-heart-economic-renaissance-19725336.json
|
en
| null |
Universities need to be at the heart of the economic renaissance of the Welsh economy
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - Wales Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
With the majority of us still working from home during a dark and cold January, it may difficult to envisage that in less than 100 days and barring any postponement from Cardiff Bay, we will be voting in the elections for the Welsh Senedd.
As the political parties start to formulate their manifestos, various organisations, pressure groups and other bodies are putting together a list of their priorities that the next Welsh Government will hopefully enact as part of their programme.
One of the most important of these submissions has come from the Welsh university sector that, during the past five years, has been responsible for developing world class research and innovation, delivered skills to people of all ages and backgrounds, and made a significant contribution to the economic and societal wellbeing of Wales.
As the nation looks to recover from the challenges that we have all faced as a result of the Covid-19 pandemic, higher education institutions are aiming to continue this role and, more importantly, deliver on its ambitions.
With Welsh universities making a higher contribution to the economy than other nations or regions across the UK, the need for stable and sustainable funding from the Welsh Government, particularly after the uncertainties of the last 12 months, will be critical in supporting the current activities of higher education and ensuring growing areas of demand, such as part-time students, can be supported.
Such funding will ensure that the sector can help to meet the challenges for the Welsh economy over the next few years such as responding to a fast changing business landscape where key sectors which are currently important to the Welsh economy, such as retail and hospitality, will be changed irrevocably.
This will lead to an increasing demand for retraining and new skills especially in digitally-intensive industries, and not only will universities be able to develop new knowledge that will lead to new businesses, new jobs and new industries but they will be at the forefront of supporting employment within many existing businesses through flexible learning.
This is where higher education will be vitally important in not only continuing the expansion of the breadth and reach of skills offering through part-time and lifelong learning, but in supporting innovation, collaboration, scaling up activity and the further development of systems of flexible learning that many key sectors will need.
Another area where universities are making a substantial contribution to the Welsh economy is that of research and innovation, both of which are key drivers of productivity which remains a key issue for economic prosperity. However, that will mean improving the funding for these activities and it will be important that the
Welsh Government remains committed to increases in research money, financial support for innovation and providing a framework that will incentivise institutions to win investment from outside Wales.
Finally, enabling an economic recovery to succeed will require a globally competitive and outward-looking nation which will not be easy after a pandemic that has seriously impacted on the numbers of international students coming to Wales and undermined the funding which supports many other important areas of work undertaken by higher education.
Yet this volatile international landscape also presents a major opportunity for Wales to increase its global presence and the Welsh higher education sector should be applauded in calling for support to deliver an international strategy that will increase university exports by 75% to £950 million by 2030.
As we look back over the last ten months, we have seen greater collaboration between the university sector, industry and government with the pinnacle of that partnership approach being the creation, development and production of the Oxford AstraZeneca vaccine.
As a new Welsh Government is formed later this year, there will be distinctive challenges as we emerge out of a recession and look to create a very different economy that will have been shaped not only by the pandemic but by other factors such as Brexit.
Sign up to our BusinessLive Wales email service BusinessLive Wales is your new comprehensive home for business news from across Wales; from large corporates to exciting start-ups and sectors ranging from advanced manufacturing to financial and professional services. To sign up to our breaking news and daily newsletter service CLICK HERE.
As well as our in-depth early morning newsletter, we will be sending out regular breaking news email alerts.
Given this, the role of universities in supporting the renewal of the Welsh economy will not only remain important but will undoubtedly change because of the imperative for increased innovation and productivity to resurrect a moribund economy. In that respect, not only will universities be required to develop the knowledge for future industries but will also be important in helping business to translate this into new technologies, products and services.
And as Wales looks to grow its economy again, it is therefore critical that our universities are at the heart of the development of an entrepreneurial renaissance where research, innovation and skills will be driving the future competitiveness of businesses across the nation.
|
https://www.business-live.co.uk/opinion-analysis/universities-need-heart-economic-renaissance-19725336
|
en
| 2021-01-29T00:00:00 |
www.business-live.co.uk/d1095a48516047d4dec109c49c712bc63411b3efaec07191fb15869f383dcc71.json
|
[
"Sign up to FREE email alerts from BusinessLive - Wales Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nWith the majority of us still working from home during a dark and cold January, it may difficult to envisage that in less than 100 days and barring any postponement from Cardiff Bay, we will be voting in the elections for the Welsh Senedd.\nAs the political parties start to formulate their manifestos, various organisations, pressure groups and other bodies are putting together a list of their priorities that the next Welsh Government will hopefully enact as part of their programme.\nOne of the most important of these submissions has come from the Welsh university sector that, during the past five years, has been responsible for developing world class research and innovation, delivered skills to people of all ages and backgrounds, and made a significant contribution to the economic and societal wellbeing of Wales.\nAs the nation looks to recover from the challenges that we have all faced as a result of the Covid-19 pandemic, higher education institutions are aiming to continue this role and, more importantly, deliver on its ambitions.\nWith Welsh universities making a higher contribution to the economy than other nations or regions across the UK, the need for stable and sustainable funding from the Welsh Government, particularly after the uncertainties of the last 12 months, will be critical in supporting the current activities of higher education and ensuring growing areas of demand, such as part-time students, can be supported.\nSuch funding will ensure that the sector can help to meet the challenges for the Welsh economy over the next few years such as responding to a fast changing business landscape where key sectors which are currently important to the Welsh economy, such as retail and hospitality, will be changed irrevocably.\nThis will lead to an increasing demand for retraining and new skills especially in digitally-intensive industries, and not only will universities be able to develop new knowledge that will lead to new businesses, new jobs and new industries but they will be at the forefront of supporting employment within many existing businesses through flexible learning.\nThis is where higher education will be vitally important in not only continuing the expansion of the breadth and reach of skills offering through part-time and lifelong learning, but in supporting innovation, collaboration, scaling up activity and the further development of systems of flexible learning that many key sectors will need.\nAnother area where universities are making a substantial contribution to the Welsh economy is that of research and innovation, both of which are key drivers of productivity which remains a key issue for economic prosperity. However, that will mean improving the funding for these activities and it will be important that the\nWelsh Government remains committed to increases in research money, financial support for innovation and providing a framework that will incentivise institutions to win investment from outside Wales.\nFinally, enabling an economic recovery to succeed will require a globally competitive and outward-looking nation which will not be easy after a pandemic that has seriously impacted on the numbers of international students coming to Wales and undermined the funding which supports many other important areas of work undertaken by higher education.\nYet this volatile international landscape also presents a major opportunity for Wales to increase its global presence and the Welsh higher education sector should be applauded in calling for support to deliver an international strategy that will increase university exports by 75% to £950 million by 2030.\nAs we look back over the last ten months, we have seen greater collaboration between the university sector, industry and government with the pinnacle of that partnership approach being the creation, development and production of the Oxford AstraZeneca vaccine.\nAs a new Welsh Government is formed later this year, there will be distinctive challenges as we emerge out of a recession and look to create a very different economy that will have been shaped not only by the pandemic but by other factors such as Brexit.\nSign up to our BusinessLive Wales email service BusinessLive Wales is your new comprehensive home for business news from across Wales; from large corporates to exciting start-ups and sectors ranging from advanced manufacturing to financial and professional services. To sign up to our breaking news and daily newsletter service CLICK HERE.\nAs well as our in-depth early morning newsletter, we will be sending out regular breaking news email alerts.\nGiven this, the role of universities in supporting the renewal of the Welsh economy will not only remain important but will undoubtedly change because of the imperative for increased innovation and productivity to resurrect a moribund economy. In that respect, not only will universities be required to develop the knowledge for future industries but will also be important in helping business to translate this into new technologies, products and services.\nAnd as Wales looks to grow its economy again, it is therefore critical that our universities are at the heart of the development of an entrepreneurial renaissance where research, innovation and skills will be driving the future competitiveness of businesses across the nation.",
"Universities need to be at the heart of the economic renaissance of the Welsh economy",
"Welsh universities make a higher contribution to the economy than other nations or regions across the UK, the need for stable and sustainable funding from the Welsh Government will be critical"
] |
|
[
"David Laister"
] | 2021-01-20T11:48:39 | null | 2021-01-20T11:11:47 |
Lapland project turns to special profiles as conductor rail heads to £60m new depot at Feltham
|
https%3A%2F%2Fwww.business-live.co.uk%2Fmanufacturing%2Fgolden-mining-project-opens-up-19662186.json
|
en
| null |
Golden mining project opens up new market opportunities as British Steel powers on with rail
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - Manufacturing Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
New opportunities in the global mining sector are being eyed by British Steel while it continues to supply vital rail projects.
The Scunthorpe and Teesside operations have respectively rolled and produced the special profiles for Finland’s Kittila mine, the largest gold-producer in Europe.
Located in the Lapland region, a £160 million expansion is currently underway, with British Steel providing tophat shaft guides to project engineer WSP .
David Waine, commercial director of special profiles, said: “Our tophat solutions have been predominantly used within the South African mining industry over the last decade, but this project has increased awareness of the massive benefits of our products outside of this region.
“As well as being 30 per cent cheaper than the traditional hoisting system for underground mining, our system is easy to install, offers enhanced corrosion resistance, durability and outstanding strength.
“It’s been a privilege to work with WSP and Agnico Eagle to provide a solution for their development, and to start to challenge developers to consider tophat profiles as the product of choice for safe, cost-effective and practical mining innovation.”
Properties, including close-dimensional control and straightness, mean less swing in the shaft and a smoother, faster lift. Tophat sections also generally last for the life of the mine.
Jack Dutil, construction manager at Agnico Eagle Finland, said: “These type of shaft guides were new to us, as none of our mining sites have used them before. Agnico Eagle Finland is fully satisfied with the British Steel tophat shaft guides and will evaluate the usage of tophats in future shaft installations.”
It comes as the company also supplies conductor rail as part of a £1 billion South Western Railway investment.
A £60 million state-of-the-art depot is being built at Feltham, London.
British Steel UK supply chain account manager for rail, Darren Cole, said: “We’ve worked closely with VolkerRail to supply 3,500 metres of our 75kg conductor rail to the site. This is a massive investment that will deliver a step-change in passenger experience and it’s great that our rail is playing a key part in this transformation.”
Conductor rails provide current to power rail vehicles. They are an alternative to overhead power lines and so are particularly useful where there are height restrictions above the track. Darren said: “The prime requirement for conductor rails is excellent electrical conductivity, so good performance goes right back to our steelmaking process where we carefully control the steel specification to meet these requirements.”
The investment will house a fleet of 90 Arterio trains - built by Bombardier in Derby - and 750 carriages.
John Pearson, VolkerRail general manager, said: “British Steel is a valued supplier, and their efforts to provide the 3,500 metres of conductor rail on this contract have helped us achieve this project’s milestones.”
|
https://www.business-live.co.uk/manufacturing/golden-mining-project-opens-up-19662186
|
en
| 2021-01-20T00:00:00 |
www.business-live.co.uk/720de42eb0432ea2ec0cb94ebe004104457ac506430b480a727199ea7afe42da.json
|
[
"Sign up to FREE email alerts from BusinessLive - Manufacturing Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nNew opportunities in the global mining sector are being eyed by British Steel while it continues to supply vital rail projects.\nThe Scunthorpe and Teesside operations have respectively rolled and produced the special profiles for Finland’s Kittila mine, the largest gold-producer in Europe.\nLocated in the Lapland region, a £160 million expansion is currently underway, with British Steel providing tophat shaft guides to project engineer WSP .\nDavid Waine, commercial director of special profiles, said: “Our tophat solutions have been predominantly used within the South African mining industry over the last decade, but this project has increased awareness of the massive benefits of our products outside of this region.\n“As well as being 30 per cent cheaper than the traditional hoisting system for underground mining, our system is easy to install, offers enhanced corrosion resistance, durability and outstanding strength.\n“It’s been a privilege to work with WSP and Agnico Eagle to provide a solution for their development, and to start to challenge developers to consider tophat profiles as the product of choice for safe, cost-effective and practical mining innovation.”\nProperties, including close-dimensional control and straightness, mean less swing in the shaft and a smoother, faster lift. Tophat sections also generally last for the life of the mine.\nJack Dutil, construction manager at Agnico Eagle Finland, said: “These type of shaft guides were new to us, as none of our mining sites have used them before. Agnico Eagle Finland is fully satisfied with the British Steel tophat shaft guides and will evaluate the usage of tophats in future shaft installations.”\nIt comes as the company also supplies conductor rail as part of a £1 billion South Western Railway investment.\nA £60 million state-of-the-art depot is being built at Feltham, London.\nBritish Steel UK supply chain account manager for rail, Darren Cole, said: “We’ve worked closely with VolkerRail to supply 3,500 metres of our 75kg conductor rail to the site. This is a massive investment that will deliver a step-change in passenger experience and it’s great that our rail is playing a key part in this transformation.”\nConductor rails provide current to power rail vehicles. They are an alternative to overhead power lines and so are particularly useful where there are height restrictions above the track. Darren said: “The prime requirement for conductor rails is excellent electrical conductivity, so good performance goes right back to our steelmaking process where we carefully control the steel specification to meet these requirements.”\nThe investment will house a fleet of 90 Arterio trains - built by Bombardier in Derby - and 750 carriages.\nJohn Pearson, VolkerRail general manager, said: “British Steel is a valued supplier, and their efforts to provide the 3,500 metres of conductor rail on this contract have helped us achieve this project’s milestones.”",
"Golden mining project opens up new market opportunities as British Steel powers on with rail",
"Lapland project turns to special profiles as conductor rail heads to £60m new depot at Feltham"
] |
|
[
"Laura Watson"
] | 2021-01-11T11:36:05 | null | 2021-01-11T09:46:49 |
And the new owners have extended the lease on the company's Stafford HQ signalling its intent to invest in the UK
|
https%3A%2F%2Fwww.business-live.co.uk%2Fenterprise%2Faddmaster-sold-listed-swedish-firm-19600688.json
|
en
| null |
Addmaster sold to listed Swedish firm in £33m deal
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - West Midlands Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
An antibacterial additives supplier is setting its sights on major international growth after being acquired by a Swedish-owned textile solutions business.
Stafford-based Addmaster has been bought by Nasdaq-listed Polygiene in a £33 million deal.
The move will see Addmaster, which supplies performance-enhancing additives for the plastic, paper, textiles, paints and coatings industry, become an instrumental part of the company and help the two businesses deliver a host of synergies for clients across the globe.
The acquisition brings together the firm’s expertise in antimicrobial technologies on hard surfaces and the parent group’s long-standing reputation in odour control and antiviral solutions for textiles.
And the new owners have extended the lease on the Addmaster head office on Staffordshire Technology Park, signalling the intent to invest in the UK team so that it can play a driving force in the global growth of the enlarged group.
Addmaster founder Paul Morris and managing director Sandrine Garnier will continue to lead the company going forward, as it aims to build on the Covid-19 fuelled demand for hygienic products.
Paul, who started Addmaster more than 20 years ago after borrowing £5,000 off his grandmother, said: “This is a fantastic deal for our business and gives us the financial backing and global resources we need to maximise the potential of our products, including the world-leading antimicrobial protection offered by Biomaster.
“We first started talking in 2005 when both companies were new entrants in the antimicrobial market and the relationship has strengthened from there, with our additives used by Polygiene for more than a decade now.”
Paul added: “The global demand for antimicrobial solutions has been accelerated by the pandemic and we felt the time was right to come together as one organisation so that we can make the most of the worldwide desire for products and textiles that offer the best hygienic protection to the user.
“In addition to the obvious financial benefits, the deal gives us additional reach and the opportunity for our existing client base to make the most of experts on both polymer and textile applications, receiving industry-leading technical support in the process.”
Addmaster, which won its third Queen’s Award in 2020, has been operational throughout Covid-19, increasing annual sales by over 60 per cent in the last 12 months.
The demand for its products has been driven by existing and new clients looking to explore new solutions that offer greater hygienic protection.
Biomaster in particular has been in high demand and has been adopted by a diverse cross-section of leading companies. It is also being used on shopping trolleys and touch points in supermarkets and in the aviation sector on airport trays and aircraft interiors.
The technology has also been found to be effective on both porous and non-porous substrates against SARS-CoV-2, the virus that causes Covid-19.
Paul, who was awarded an MBE in the recent New Year’s Honours List, said: “The acquisition has come at the end of one of the most demanding, yet ultimately successful years and puts us in an excellent position to increase sales both at home and across the world.
“Whilst Brexit was talked about, there was never any question that it would stop the deal from taking place and, if anything, it is a massive advantage for both companies to have footprints in the UK and the EU.”
Ulrika Björk, CEO of Polygiene, said: “The transaction is a milestone in our history and, from a strategic perspective, very logical given the great synergies that exist between the companies.
“Through the acquisition, we can strengthen our position in the market with a much broader offering, which will accelerate our already strong growth.”
Click here to sign up to the daily BusinessLive email
She added: “We can now focus on merging the two companies and getting the organisation established. The acquisition will allow us to offer the market a comprehensive solution of antimicrobial functions for both soft surfaces such as textiles and hard surfaces such as floors, handles, kitchen and bathroom fittings in public spaces. This reduces the need for washing and cleaning, therefore lessens our environmental impact.”
Addmaster now becomes part of the Polygiene company portfolio and joins the business on Nasdaq First North Growth Market.
|
https://www.business-live.co.uk/enterprise/addmaster-sold-listed-swedish-firm-19600688
|
en
| 2021-01-11T00:00:00 |
www.business-live.co.uk/be66e5507c3e9ec93b240c70fe5f7ef9215dc25ce8ed934ecd484f0f20b197f1.json
|
[
"Sign up to FREE email alerts from BusinessLive - West Midlands Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nAn antibacterial additives supplier is setting its sights on major international growth after being acquired by a Swedish-owned textile solutions business.\nStafford-based Addmaster has been bought by Nasdaq-listed Polygiene in a £33 million deal.\nThe move will see Addmaster, which supplies performance-enhancing additives for the plastic, paper, textiles, paints and coatings industry, become an instrumental part of the company and help the two businesses deliver a host of synergies for clients across the globe.\nThe acquisition brings together the firm’s expertise in antimicrobial technologies on hard surfaces and the parent group’s long-standing reputation in odour control and antiviral solutions for textiles.\nAnd the new owners have extended the lease on the Addmaster head office on Staffordshire Technology Park, signalling the intent to invest in the UK team so that it can play a driving force in the global growth of the enlarged group.\nAddmaster founder Paul Morris and managing director Sandrine Garnier will continue to lead the company going forward, as it aims to build on the Covid-19 fuelled demand for hygienic products.\nPaul, who started Addmaster more than 20 years ago after borrowing £5,000 off his grandmother, said: “This is a fantastic deal for our business and gives us the financial backing and global resources we need to maximise the potential of our products, including the world-leading antimicrobial protection offered by Biomaster.\n“We first started talking in 2005 when both companies were new entrants in the antimicrobial market and the relationship has strengthened from there, with our additives used by Polygiene for more than a decade now.”\nPaul added: “The global demand for antimicrobial solutions has been accelerated by the pandemic and we felt the time was right to come together as one organisation so that we can make the most of the worldwide desire for products and textiles that offer the best hygienic protection to the user.\n“In addition to the obvious financial benefits, the deal gives us additional reach and the opportunity for our existing client base to make the most of experts on both polymer and textile applications, receiving industry-leading technical support in the process.”\nAddmaster, which won its third Queen’s Award in 2020, has been operational throughout Covid-19, increasing annual sales by over 60 per cent in the last 12 months.\nThe demand for its products has been driven by existing and new clients looking to explore new solutions that offer greater hygienic protection.\nBiomaster in particular has been in high demand and has been adopted by a diverse cross-section of leading companies. It is also being used on shopping trolleys and touch points in supermarkets and in the aviation sector on airport trays and aircraft interiors.\nThe technology has also been found to be effective on both porous and non-porous substrates against SARS-CoV-2, the virus that causes Covid-19.\nPaul, who was awarded an MBE in the recent New Year’s Honours List, said: “The acquisition has come at the end of one of the most demanding, yet ultimately successful years and puts us in an excellent position to increase sales both at home and across the world.\n“Whilst Brexit was talked about, there was never any question that it would stop the deal from taking place and, if anything, it is a massive advantage for both companies to have footprints in the UK and the EU.”\nUlrika Björk, CEO of Polygiene, said: “The transaction is a milestone in our history and, from a strategic perspective, very logical given the great synergies that exist between the companies.\n“Through the acquisition, we can strengthen our position in the market with a much broader offering, which will accelerate our already strong growth.”\nClick here to sign up to the daily BusinessLive email\nShe added: “We can now focus on merging the two companies and getting the organisation established. The acquisition will allow us to offer the market a comprehensive solution of antimicrobial functions for both soft surfaces such as textiles and hard surfaces such as floors, handles, kitchen and bathroom fittings in public spaces. This reduces the need for washing and cleaning, therefore lessens our environmental impact.”\nAddmaster now becomes part of the Polygiene company portfolio and joins the business on Nasdaq First North Growth Market.",
"Addmaster sold to listed Swedish firm in £33m deal",
"And the new owners have extended the lease on the company's Stafford HQ signalling its intent to invest in the UK"
] |
|
[
"Tom Dare",
"Image",
"Mott Macdonald"
] | 2021-01-21T06:07:08 | null | 2021-01-21T05:00:00 |
Funding still to be secured from Department for Transport for new stations in Birmingham and Walsall
|
https%3A%2F%2Fwww.business-live.co.uk%2Feconomic-development%2Fconcerns-remain-over-massive-hole-19664887.json
|
en
| null |
Concerns remain over 'massive hole' in budget for new stations
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - West Midlands Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
Concerns remain over how the construction of five new railway stations in the West Midlands will be funded.
Planning permission has been secured for the quintet of new stations in Kings Heath, Moseley and Hazelwell in Birmingham and Darlaston and Willenhall in Walsall.
The final cost of the schemes is expected to be just over £117 million, with the Birmingham trio estimated at £61.4 million and the pair in Walsall at £55.84 million.
But very little of the required funding is currently in place, with the West Midlands Combined Authority (WMCA) relying on a huge amount of cash from the Department for Transport (DfT) to get the stations over the line.
At the WMCA's latest board meeting, £15 million of funding was agreed for the five stations, subject to receiving the full tranche from the Department for Transport.
Want more business news straight to your inbox? BusinessLive is your home for business news from around the country - and you can stay in touch with all the latest news through our email alerts. You can sign up to receive daily morning news bulletins from every region we cover and to weekly email bulletins covering key economic sectors from manufacturing to technology and enterprise. And we'll send out breaking news alerts for any stories we think you can't miss. Visit our email preference centre to sign up to all the latest news from BusinessLive.
Lisa Trickett, Birmingham councillor for Brandwood and Kings Heath, believes announcements around "successful" projects such as these should be put on hold until more concrete funding has been secured.
She said: "What I was going to reflect - and again it's an ongoing concern about how the combined authority does its business - is that there is still a massive hole in the budget for this proposal.
"What we are also still seeking is that full robust business plan from the West Midlands Rail Executive and also the timetable.
"Where I have a real concern here is that we have announcements, we have films produced about how great these stations could be.
"In my community residents get excited that something is going to happen and time and time again what we're actually finding is the reality is very different from the announcement.
"All I'm asking for is clear transparency, clear accountability, that where there is the need still for a significant amount of work to be done, we are clear that our announcements reflect that fact."
Birmingham City Council leader Ian Ward said he shared her concerns around the lack of secured funds but he also believed the WMCA had been transparent in its dealings so far.
"I can well understand why people might be getting excited in Moseley, Kings Heath and Hazelwell about the proposals," he said.
"I don't think we've been anything other than transparent about the ask that is required of the DfT and indeed the WMCA put forward an outline business case through this board. We now have the full business case so we are being transparent in all of this - as transparent as we can be."
Two trains an hour will serve the trio of new Birmingham stations and one per hour for Willenhall and Darlaston.
|
https://www.business-live.co.uk/economic-development/concerns-remain-over-massive-hole-19664887
|
en
| 2021-01-21T00:00:00 |
www.business-live.co.uk/3f14b125069b69735ff004dbcfc416e51549b2c923382e8f16ffe1016a3ea01f.json
|
[
"Sign up to FREE email alerts from BusinessLive - West Midlands Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nConcerns remain over how the construction of five new railway stations in the West Midlands will be funded.\nPlanning permission has been secured for the quintet of new stations in Kings Heath, Moseley and Hazelwell in Birmingham and Darlaston and Willenhall in Walsall.\nThe final cost of the schemes is expected to be just over £117 million, with the Birmingham trio estimated at £61.4 million and the pair in Walsall at £55.84 million.\nBut very little of the required funding is currently in place, with the West Midlands Combined Authority (WMCA) relying on a huge amount of cash from the Department for Transport (DfT) to get the stations over the line.\nAt the WMCA's latest board meeting, £15 million of funding was agreed for the five stations, subject to receiving the full tranche from the Department for Transport.\nWant more business news straight to your inbox? BusinessLive is your home for business news from around the country - and you can stay in touch with all the latest news through our email alerts. You can sign up to receive daily morning news bulletins from every region we cover and to weekly email bulletins covering key economic sectors from manufacturing to technology and enterprise. And we'll send out breaking news alerts for any stories we think you can't miss. Visit our email preference centre to sign up to all the latest news from BusinessLive.\nLisa Trickett, Birmingham councillor for Brandwood and Kings Heath, believes announcements around \"successful\" projects such as these should be put on hold until more concrete funding has been secured.\nShe said: \"What I was going to reflect - and again it's an ongoing concern about how the combined authority does its business - is that there is still a massive hole in the budget for this proposal.\n\"What we are also still seeking is that full robust business plan from the West Midlands Rail Executive and also the timetable.\n\"Where I have a real concern here is that we have announcements, we have films produced about how great these stations could be.\n\"In my community residents get excited that something is going to happen and time and time again what we're actually finding is the reality is very different from the announcement.\n\"All I'm asking for is clear transparency, clear accountability, that where there is the need still for a significant amount of work to be done, we are clear that our announcements reflect that fact.\"\nBirmingham City Council leader Ian Ward said he shared her concerns around the lack of secured funds but he also believed the WMCA had been transparent in its dealings so far.\n\"I can well understand why people might be getting excited in Moseley, Kings Heath and Hazelwell about the proposals,\" he said.\n\"I don't think we've been anything other than transparent about the ask that is required of the DfT and indeed the WMCA put forward an outline business case through this board. We now have the full business case so we are being transparent in all of this - as transparent as we can be.\"\nTwo trains an hour will serve the trio of new Birmingham stations and one per hour for Willenhall and Darlaston.",
"Concerns remain over 'massive hole' in budget for new stations",
"Funding still to be secured from Department for Transport for new stations in Birmingham and Walsall"
] |
|
[
"Tom Houghton",
"Image",
"Giles Rocholl Photography Ltd"
] | 2021-01-21T10:38:46 | null | 2021-01-21T10:12:17 |
Begbies Traynor said a national lockdown policy with no concrete end in sight will do 'little to help' the concerning figures
|
https%3A%2F%2Fwww.business-live.co.uk%2Feconomic-development%2F60000-north-west-firms-now-19669518.json
|
en
| null |
60,000 North West firms now in significant financial distress with no end in sight for third English lockdown
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - North West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
More than 60,000 North West firms are now in "significant financial distress", new research from Begbies Traynor shows.
The firm's latest Red Flag Alert research for Q4 2020 has recorded 61,596 businesses in significant distress - a 14% increase from 54,207 in Q3 2020.
The new figures come as the UK economy battles the third nationwide lockdown, and they also confirmed a 29% year-on-year increase in significantly distressed companies since Q4 2019 (47,653 - Q4 2019, 61,596 - Q4 2020).
25,783 firms are based in Greater Manchester with 8,805 in Merseyside.
Distress in the financial services sector increased by 41% - from 910 in Q4 2019 to 1,286 in Q4 2020, real estate and property services saw an increase of 37%, and distress for hotels and accommodation increased by 38%.
Every single one of the 22 sectors monitored by the Red Flag Alert research exhibited an increase in significant distress, with 17 sectors experiencing double digit increases in the final quarter of 2020.
Gary Lee, partner at Begbies Traynor, said: “These figures highlight the deteriorating financial situation for many companies across our region.
"Without the financial aid and support measures that the Government has put in place during the pandemic insolvency levels would have been much higher."
It was also revealed on Thursday that the number of firms entering administration had hit record lows - but that those figures provided a "distorted view of reality".
Mr Lee struck a similar tone, adding: "The sad truth is that for many companies this will provide little more than a stay of execution as debt levels become unmanageable and structural changes across many sectors take their toll.
Sign up for your free BusinessLive North West newsletter BusinessLive is your home for business news from around the North West- and you can stay in touch with all the latest news from Greater Manchester, Liverpool City Region, Cheshire, Lancashire and Cumbria through our email alerts. You can sign up to receive daily morning news bulletins from every region we cover and to weekly email bulletins covering key economic sectors from manufacturing to technology and enterprise. And we'll send out breaking news alerts for any stories we think you can't miss. By bringing together North West coverage with that from across Reach’s titles in England and Wales, BusinessLive will shine a spotlight on the entrepreneurs, the stars of the future and the small firms that are the backbone of our economy. Visit our email preference centre to sign up to all the latest news from BusinessLive.
“A national lockdown policy with no concrete end in sight does little to help worried business owners and their finance directors.
“The pandemic has actually reduced court activity by limiting the number of CCJs and winding up petitions being issued against indebted companies and there has been a ban on winding up petitions for Covid-related debts so the situation could get even worse when the courts eventually open up fully.
“Although the Government has extended its Covid-19 financial support by way of extensions to furlough and repayment terms on CBILs and bounce back loans it won’t be enough for hundreds of businesses who are unlikely to survive the weeks and months ahead.
“The roll-out of the vaccine offers some light at the end of tunnel but the financial situation for many businesses will remain bleak over the next quarter and beyond.”
|
https://www.business-live.co.uk/economic-development/60000-north-west-firms-now-19669518
|
en
| 2021-01-21T00:00:00 |
www.business-live.co.uk/52ae7e0c75676b35ca5990fe5406ab28929ace00546d52793dced76cf713536b.json
|
[
"Sign up to FREE email alerts from BusinessLive - North West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nMore than 60,000 North West firms are now in \"significant financial distress\", new research from Begbies Traynor shows.\nThe firm's latest Red Flag Alert research for Q4 2020 has recorded 61,596 businesses in significant distress - a 14% increase from 54,207 in Q3 2020.\nThe new figures come as the UK economy battles the third nationwide lockdown, and they also confirmed a 29% year-on-year increase in significantly distressed companies since Q4 2019 (47,653 - Q4 2019, 61,596 - Q4 2020).\n25,783 firms are based in Greater Manchester with 8,805 in Merseyside.\nDistress in the financial services sector increased by 41% - from 910 in Q4 2019 to 1,286 in Q4 2020, real estate and property services saw an increase of 37%, and distress for hotels and accommodation increased by 38%.\nEvery single one of the 22 sectors monitored by the Red Flag Alert research exhibited an increase in significant distress, with 17 sectors experiencing double digit increases in the final quarter of 2020.\nGary Lee, partner at Begbies Traynor, said: “These figures highlight the deteriorating financial situation for many companies across our region.\n\"Without the financial aid and support measures that the Government has put in place during the pandemic insolvency levels would have been much higher.\"\nIt was also revealed on Thursday that the number of firms entering administration had hit record lows - but that those figures provided a \"distorted view of reality\".\nMr Lee struck a similar tone, adding: \"The sad truth is that for many companies this will provide little more than a stay of execution as debt levels become unmanageable and structural changes across many sectors take their toll.\nSign up for your free BusinessLive North West newsletter BusinessLive is your home for business news from around the North West- and you can stay in touch with all the latest news from Greater Manchester, Liverpool City Region, Cheshire, Lancashire and Cumbria through our email alerts. You can sign up to receive daily morning news bulletins from every region we cover and to weekly email bulletins covering key economic sectors from manufacturing to technology and enterprise. And we'll send out breaking news alerts for any stories we think you can't miss. By bringing together North West coverage with that from across Reach’s titles in England and Wales, BusinessLive will shine a spotlight on the entrepreneurs, the stars of the future and the small firms that are the backbone of our economy. Visit our email preference centre to sign up to all the latest news from BusinessLive.\n“A national lockdown policy with no concrete end in sight does little to help worried business owners and their finance directors.\n“The pandemic has actually reduced court activity by limiting the number of CCJs and winding up petitions being issued against indebted companies and there has been a ban on winding up petitions for Covid-related debts so the situation could get even worse when the courts eventually open up fully.\n“Although the Government has extended its Covid-19 financial support by way of extensions to furlough and repayment terms on CBILs and bounce back loans it won’t be enough for hundreds of businesses who are unlikely to survive the weeks and months ahead.\n“The roll-out of the vaccine offers some light at the end of tunnel but the financial situation for many businesses will remain bleak over the next quarter and beyond.”",
"60,000 North West firms now in significant financial distress with no end in sight for third English lockdown",
"Begbies Traynor said a national lockdown policy with no concrete end in sight will do 'little to help' the concerning figures"
] |
|
[
"William Telford",
"Image",
"Https",
"Www.Cornishmetals.Com",
"Cornish Metals Website"
] | 2021-01-25T11:04:42 | null | 2021-01-25T09:59:26 |
Company looking to mine tin and copper in Cornwall hopes to raise £5m after being admitted to AIM
|
https%3A%2F%2Fwww.business-live.co.uk%2Feconomic-development%2Fcornish-metals-eyes-up-wealthy-19693068.json
|
en
| null |
Cornish Metals eyes up wealthy investors ahead of stock market float
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - South West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
The owner of the mining industry’s online investment platform has been chosen by the Cornish Metals Inc to deal with wealthy investors eyeing up shares in the copper and tin mining firm.
Minexia Limited, the sole owner of the platform-based finance solution NR Private Market, has been appointed by Cornish Metals In to handle interest from “high net worth and sophisticated private investors” wishing to participate in the flotation of the company on the London Stock Exchange.
Cornish Metals, which owns the South Crofty mine in Cornwall, has already announced its intention to apply for admission to the Alternative Investment Market (AIM).
The company, formerly known as Strongbow, is hoping to raise £5million to finance further copper and tin drilling at United Downs.
(Image: Cornish Metals website)
Such has been the interest from private investors in Cornwall, that Minexia will work alongside SP Angel and Hannam and Partners, which are dealing with the equity raise to institutional fund managers. Minexia will offer the same term, once finalised. to private investors.
Minexia operates an investor platform at www.nrprivatemarket.com which is regulated by the Financial Conduct Authority (FCA).
This is a free to invest, funding site which is designed to support earlier stage mining exploration and project development companies.
Richard Lloyd, chief executive of Minexia said: “Potential investors in Cornwall, and beyond, will need to sign up to our site. They will complete some KYC (know your customer) and anti money laundering checks and confirm that they are either a ‘self-certified sophisticated investor’ or a ‘high net worth investor’. The Cornish Metals profile will be live from 8am on January 25, 2021 until February 1, 2021.”
Richard Williams, chief executive of Canada-based Cornish Metals, said: “We are very pleased to have found a way to enable certain UK private investors to become shareholders in Cornish Metals. We expect the listing of Cornish Metals will be of interest in Cornwall and throughout the UK.”
Cornish Metals announced its intention to float on January 13 and is proposing to raise a minimum of £5million through an equity placement of new Common Shares (the “fundraising”) to advance the United Downs copper-tin project. The company expects that admission to AIM will become effective in February 2021.
The company’s core projects are the United Downs underground copper-tin exploration project and the South Crofty tin project in Cornwall.
How to contact William Telford and Business Live Business Live's South West Business Reporter is William Telford. He is based in Plymouth but covers the entire region. To contact William: Email: [email protected] Phone: 01752 293116 Mob: 07584 594052 Twitter: @WTelfordHerald LinkedIn: www.linkedin.com Facebook: www.facebook.com/william.telford.5473 William has more than a decade's experience reporting on the business scene in Plymouth and the South West. To sign up for Business Live's daily newsletters click here
Subject to completion of the AIM listing and funding, the company’s plan is to conduct a drill programme at United Downs to define the resource potential.
The offer to certain private investors will be made under an exemption from the requirement to publish a prospectus and accordingly the maximum aggregate demand from investors through Minexia's NR Private Market platform will be limited to 8million euros. The offer will not be made available to investors in the United States of America or Canada.
With the AIM listing Cornish Metals, headquartered in Vancouver, is hoping to fund the next phase of its project at United Downs and drill down to 8,000 metres to see the extent of the metal deposit zone for precious metals like tin, copper and lithium, all of which are used in new technologies from electric cars and batteries to electronics, robotics, 5G and renewable energy.
The company holds extensive mineral rights in a highly prospective historic mining area covering about 15,000 hectares around United Downs, Redruth and Camborne.
The United Downs Project is a near surface, high-grade copper-tin discovery and is located immediately adjacent to four former producing copper and tin mines: Consolidated Mines and United Mines to the north and south, respectively; and the Mount Wellington and Wheal Jane mines to the east.
|
https://www.business-live.co.uk/economic-development/cornish-metals-eyes-up-wealthy-19693068
|
en
| 2021-01-25T00:00:00 |
www.business-live.co.uk/b982305ddb5368baca007053d295aa262b76796dfe23db8e435031045a65a8b2.json
|
[
"Sign up to FREE email alerts from BusinessLive - South West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nThe owner of the mining industry’s online investment platform has been chosen by the Cornish Metals Inc to deal with wealthy investors eyeing up shares in the copper and tin mining firm.\nMinexia Limited, the sole owner of the platform-based finance solution NR Private Market, has been appointed by Cornish Metals In to handle interest from “high net worth and sophisticated private investors” wishing to participate in the flotation of the company on the London Stock Exchange.\nCornish Metals, which owns the South Crofty mine in Cornwall, has already announced its intention to apply for admission to the Alternative Investment Market (AIM).\nThe company, formerly known as Strongbow, is hoping to raise £5million to finance further copper and tin drilling at United Downs.\n(Image: Cornish Metals website)\nSuch has been the interest from private investors in Cornwall, that Minexia will work alongside SP Angel and Hannam and Partners, which are dealing with the equity raise to institutional fund managers. Minexia will offer the same term, once finalised. to private investors.\nMinexia operates an investor platform at www.nrprivatemarket.com which is regulated by the Financial Conduct Authority (FCA).\nThis is a free to invest, funding site which is designed to support earlier stage mining exploration and project development companies.\nRichard Lloyd, chief executive of Minexia said: “Potential investors in Cornwall, and beyond, will need to sign up to our site. They will complete some KYC (know your customer) and anti money laundering checks and confirm that they are either a ‘self-certified sophisticated investor’ or a ‘high net worth investor’. The Cornish Metals profile will be live from 8am on January 25, 2021 until February 1, 2021.”\nRichard Williams, chief executive of Canada-based Cornish Metals, said: “We are very pleased to have found a way to enable certain UK private investors to become shareholders in Cornish Metals. We expect the listing of Cornish Metals will be of interest in Cornwall and throughout the UK.”\nCornish Metals announced its intention to float on January 13 and is proposing to raise a minimum of £5million through an equity placement of new Common Shares (the “fundraising”) to advance the United Downs copper-tin project. The company expects that admission to AIM will become effective in February 2021.\nThe company’s core projects are the United Downs underground copper-tin exploration project and the South Crofty tin project in Cornwall.\nHow to contact William Telford and Business Live Business Live's South West Business Reporter is William Telford. He is based in Plymouth but covers the entire region. To contact William: Email: [email protected] Phone: 01752 293116 Mob: 07584 594052 Twitter: @WTelfordHerald LinkedIn: www.linkedin.com Facebook: www.facebook.com/william.telford.5473 William has more than a decade's experience reporting on the business scene in Plymouth and the South West. To sign up for Business Live's daily newsletters click here\nSubject to completion of the AIM listing and funding, the company’s plan is to conduct a drill programme at United Downs to define the resource potential.\nThe offer to certain private investors will be made under an exemption from the requirement to publish a prospectus and accordingly the maximum aggregate demand from investors through Minexia's NR Private Market platform will be limited to 8million euros. The offer will not be made available to investors in the United States of America or Canada.\nWith the AIM listing Cornish Metals, headquartered in Vancouver, is hoping to fund the next phase of its project at United Downs and drill down to 8,000 metres to see the extent of the metal deposit zone for precious metals like tin, copper and lithium, all of which are used in new technologies from electric cars and batteries to electronics, robotics, 5G and renewable energy.\nThe company holds extensive mineral rights in a highly prospective historic mining area covering about 15,000 hectares around United Downs, Redruth and Camborne.\nThe United Downs Project is a near surface, high-grade copper-tin discovery and is located immediately adjacent to four former producing copper and tin mines: Consolidated Mines and United Mines to the north and south, respectively; and the Mount Wellington and Wheal Jane mines to the east.",
"Cornish Metals eyes up wealthy investors ahead of stock market float",
"Company looking to mine tin and copper in Cornwall hopes to raise £5m after being admitted to AIM"
] |
|
[
"Tamlyn Jones"
] | 2021-01-04T05:27:39 | null | 2021-01-04T05:00:00 |
We have canvassed the opinions of experts in the region to see who we should be keeping an eye on this year as the business world recovers from the covid-19 pandemic
|
https%3A%2F%2Fwww.business-live.co.uk%2Fenterprise%2Fones-watch-2021-who-regions-19544094.json
|
en
| null |
Ones to Watch in 2021: who will be the West Midlands' business stars
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - West Midlands Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
The past year has been one to forget for the business world in Birmingham and the wider West Midlands.
The usually thriving city's Colmore Business District has resembled a movie ghost town since lockdown initially started in March while the buzz of Christmas shopping followed by drinks at the Frankfurt Market have been sadly missing.
But from all of this has emerged tales of genuine innovation and entrepreneurialism as companies continue to find new ways of working and targeting customers and generating alternative revenue streams.
To kick off this new year, BusinessLive asked some of the many experts based in the city region who we should be looking out for across the West Midlands in 2021.
Britishvolt
With a ban on new petrol and diesel cars coming in just nine years' time, the UK urgently needs to build batteries at scale if it is to see electric vehicles (EVs) made in the UK.
Britishvolt is a startup with big ambitions to do just that as an investor in advanced battery technologies.
It has announced plans to site its global HQ in the West Midlands in the heartland of the UK automotive industry where it will spearhead the development of battery technologies for future EVs.
The new 53,820 sq ft site, set to be fully operational by 2022, will be at the MIRA Technology Park Campus near Coventry, already renowned as a global innovation hub.
Further developments are being considered which could see Britishvolt expand that plant, with plans to make green batteries for 500,000 cars a year by 2027.
David Bailey, professor of business economics at Birmingham Business School
CHH Conex
Birmingham-based CHH Conex is one of the West Midlands' untold manufacturing success stories, delivering rack and cabinet integrations and cable design, manufacture and assembly services to clients such as Vodafone, City Fibre Holdings and Bybox Field Support Services.
The company, which celebrated 30 years in business recently, has taken its electronics assembly expertise and formed a commercial partnership with Pathogen Solutions to help it produce the innovative Medixair product.
This new technology has been tested and proven to eliminate airborne viruses and bacteria as part of effective infection control regimes and promises to reduce the airborne spread of coronavirus.
It is this level of innovation and collaboration that will help the business emerge from the challenges of 2020 in a stronger position and with ambitious plans to grow.
Sharn Haywood-Higgs, manufacturing growth manager for the Manufacturing Growth Programme
Gensler
Work by the Birmingham office of global design business Gensler in Europe, the Middle East and UK has set them up for success in 2021.
The business has now outgrown its Custard Factory offices and will be moving to new premises in St Philip's Place in the spring.
Gensler also has big plans to expand its local portfolio and work on mixed-use, workplace and interior design projects not just in Birmingham but across the West Midlands.
2021 will be a year for the city, and the region, to rebuild. Gensler will almost certainly be involved in a new era for the city and its recovery.
Paul Faulkner, chief executive of Greater Birmingham Chambers of Commerce
Loki Wine
Independent retailer Loki Wine is a prime example of how passion and customer service combine to create a truly memorable experience, with customers encouraged to sample and discover a range of wines, spirits and craft beer.
Having built a loyal customer base since opening his first site in Birmingham in 2012, followed by a second store and deli in Edgbaston in 2018, founder Phil Innes has embraced innovation in the face of coronavirus-enforced closures.
By introducing virtual tasting events and expanding Loki's delivery services, he has kept true to the essence of the brand's personal, experienced approach and stayed close to his loyal customer base in the process.
With a third site in Knowle opening in January, Loki has defeated the odds this year and, with a focus on delivering the very best in both products and experience, I believe the best is yet to come.
David Pardoe, head of marketing, retail and tenant engagement at the Mailbox, Birmingham
Microland
Microland's presence in the region is a major endorsement of our growing digital economy.
In February, the Indian cloud and data company made its second investment in the region in two years, marking an exciting period of innovation and development for the global outlook of the business.
The West Midlands' pivotal role in its future plans will create more opportunities for us to attract like-minded, tech-focused firms to establish here - especially from the Indian market.
We are ramping up our activity there through initiatives like the West Midlands India Partnership to foster more success stories for mutual economic benefit between the region and India.
Neil Rami, chief executive of the West Midlands Growth Company
Oval Real Estate
Oval Real Estate is fast becoming a major player in Birmingham's residential and commercial property sector.
The property investment and development company, which has offices in Birmingham and London, has invested heavily in the city, acquiring 16 acres of land in Digbeth, where it is building up to 2,000 homes and more than two million square feet of commercial space.
It has submitted planning applications across a further 42 acres. Last year, Oval also acquired 1 Colmore Square, its first major trophy office asset acquisition in Birmingham.
Nick Woodward, senior director in Birmingham capital markets team, CBRE
Round Midnight
Round Midnight is a creative arts company that uses virtual reality (VR) to explore challenging issues and deliver bespoke creative arts education to young people in Birmingham.
The business' interactive 'Technology for Good' programme recently featured on Channel 4's VR vs Gangs documentary which examines the decision making processes linked to gang culture and risk-taking behaviour.
Its products have also been used by West Midlands Police and probation services.
Following successful funding rounds last year, 2021 will see the company introduce a new VR experience which will use a 'choose your own path' format to explore more social issues that impact young people on a daily basis.
2021 will also see the launch of a new digital learning platform called LINK_UP, developed using funding from Innovate UK, which has been created for teachers and will engage pupils in challenging subject matters through the use of interactive films, voting systems and live discussions.
David Hardman, managing director of Bruntwood SciTech Birmingham
SauceStream
Single-use plastic is a massive global concern and one that we must all take action on to try to eradicate.
SauceStream is a new start-up run by serial Birmingham entrepreneurs Peter Neath and Ian Worton who have devised a new rubber squeezer for improving how sauces are poured from glass bottles.
They hope to replace the 650 million plastic ones made every year.
The product has taken two years to develop and is now fully patented and trademarked in the UK, with the engineers awaiting news on global approvals.
A social media campaign has seen the concept go viral, reaching more than 2 million people in a matter of days and generating opportunities with retailer Dunelm, Genting Arena hotels and customers in Austria and the US.
There is a worldwide appetite to end single-use plastic so I expect SauceStream to be one of the innovations that starts to make a huge difference.
Andrew Jones, partner at Haines Watts in Birmingham
|
https://www.business-live.co.uk/enterprise/ones-watch-2021-who-regions-19544094
|
en
| 2021-01-04T00:00:00 |
www.business-live.co.uk/7f93b65642d7564540862b565415b7ff67d042b3de1f5f57a43f9d0123fc1d63.json
|
[
"Sign up to FREE email alerts from BusinessLive - West Midlands Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nThe past year has been one to forget for the business world in Birmingham and the wider West Midlands.\nThe usually thriving city's Colmore Business District has resembled a movie ghost town since lockdown initially started in March while the buzz of Christmas shopping followed by drinks at the Frankfurt Market have been sadly missing.\nBut from all of this has emerged tales of genuine innovation and entrepreneurialism as companies continue to find new ways of working and targeting customers and generating alternative revenue streams.\nTo kick off this new year, BusinessLive asked some of the many experts based in the city region who we should be looking out for across the West Midlands in 2021.\nBritishvolt\nWith a ban on new petrol and diesel cars coming in just nine years' time, the UK urgently needs to build batteries at scale if it is to see electric vehicles (EVs) made in the UK.\nBritishvolt is a startup with big ambitions to do just that as an investor in advanced battery technologies.\nIt has announced plans to site its global HQ in the West Midlands in the heartland of the UK automotive industry where it will spearhead the development of battery technologies for future EVs.\nThe new 53,820 sq ft site, set to be fully operational by 2022, will be at the MIRA Technology Park Campus near Coventry, already renowned as a global innovation hub.\nFurther developments are being considered which could see Britishvolt expand that plant, with plans to make green batteries for 500,000 cars a year by 2027.\nDavid Bailey, professor of business economics at Birmingham Business School\nCHH Conex\nBirmingham-based CHH Conex is one of the West Midlands' untold manufacturing success stories, delivering rack and cabinet integrations and cable design, manufacture and assembly services to clients such as Vodafone, City Fibre Holdings and Bybox Field Support Services.\nThe company, which celebrated 30 years in business recently, has taken its electronics assembly expertise and formed a commercial partnership with Pathogen Solutions to help it produce the innovative Medixair product.\nThis new technology has been tested and proven to eliminate airborne viruses and bacteria as part of effective infection control regimes and promises to reduce the airborne spread of coronavirus.\nIt is this level of innovation and collaboration that will help the business emerge from the challenges of 2020 in a stronger position and with ambitious plans to grow.\nSharn Haywood-Higgs, manufacturing growth manager for the Manufacturing Growth Programme\nGensler\nWork by the Birmingham office of global design business Gensler in Europe, the Middle East and UK has set them up for success in 2021.\nThe business has now outgrown its Custard Factory offices and will be moving to new premises in St Philip's Place in the spring.\nGensler also has big plans to expand its local portfolio and work on mixed-use, workplace and interior design projects not just in Birmingham but across the West Midlands.\n2021 will be a year for the city, and the region, to rebuild. Gensler will almost certainly be involved in a new era for the city and its recovery.\nPaul Faulkner, chief executive of Greater Birmingham Chambers of Commerce\nLoki Wine\nIndependent retailer Loki Wine is a prime example of how passion and customer service combine to create a truly memorable experience, with customers encouraged to sample and discover a range of wines, spirits and craft beer.\nHaving built a loyal customer base since opening his first site in Birmingham in 2012, followed by a second store and deli in Edgbaston in 2018, founder Phil Innes has embraced innovation in the face of coronavirus-enforced closures.\nBy introducing virtual tasting events and expanding Loki's delivery services, he has kept true to the essence of the brand's personal, experienced approach and stayed close to his loyal customer base in the process.\nWith a third site in Knowle opening in January, Loki has defeated the odds this year and, with a focus on delivering the very best in both products and experience, I believe the best is yet to come.\nDavid Pardoe, head of marketing, retail and tenant engagement at the Mailbox, Birmingham\nMicroland\nMicroland's presence in the region is a major endorsement of our growing digital economy.\nIn February, the Indian cloud and data company made its second investment in the region in two years, marking an exciting period of innovation and development for the global outlook of the business.\nThe West Midlands' pivotal role in its future plans will create more opportunities for us to attract like-minded, tech-focused firms to establish here - especially from the Indian market.\nWe are ramping up our activity there through initiatives like the West Midlands India Partnership to foster more success stories for mutual economic benefit between the region and India.\nNeil Rami, chief executive of the West Midlands Growth Company\nOval Real Estate\nOval Real Estate is fast becoming a major player in Birmingham's residential and commercial property sector.\nThe property investment and development company, which has offices in Birmingham and London, has invested heavily in the city, acquiring 16 acres of land in Digbeth, where it is building up to 2,000 homes and more than two million square feet of commercial space.\nIt has submitted planning applications across a further 42 acres. Last year, Oval also acquired 1 Colmore Square, its first major trophy office asset acquisition in Birmingham.\nNick Woodward, senior director in Birmingham capital markets team, CBRE\nRound Midnight\nRound Midnight is a creative arts company that uses virtual reality (VR) to explore challenging issues and deliver bespoke creative arts education to young people in Birmingham.\nThe business' interactive 'Technology for Good' programme recently featured on Channel 4's VR vs Gangs documentary which examines the decision making processes linked to gang culture and risk-taking behaviour.\nIts products have also been used by West Midlands Police and probation services.\nFollowing successful funding rounds last year, 2021 will see the company introduce a new VR experience which will use a 'choose your own path' format to explore more social issues that impact young people on a daily basis.\n2021 will also see the launch of a new digital learning platform called LINK_UP, developed using funding from Innovate UK, which has been created for teachers and will engage pupils in challenging subject matters through the use of interactive films, voting systems and live discussions.\nDavid Hardman, managing director of Bruntwood SciTech Birmingham\nSauceStream\nSingle-use plastic is a massive global concern and one that we must all take action on to try to eradicate.\nSauceStream is a new start-up run by serial Birmingham entrepreneurs Peter Neath and Ian Worton who have devised a new rubber squeezer for improving how sauces are poured from glass bottles.\nThey hope to replace the 650 million plastic ones made every year.\nThe product has taken two years to develop and is now fully patented and trademarked in the UK, with the engineers awaiting news on global approvals.\nA social media campaign has seen the concept go viral, reaching more than 2 million people in a matter of days and generating opportunities with retailer Dunelm, Genting Arena hotels and customers in Austria and the US.\nThere is a worldwide appetite to end single-use plastic so I expect SauceStream to be one of the innovations that starts to make a huge difference.\nAndrew Jones, partner at Haines Watts in Birmingham",
"Ones to Watch in 2021: who will be the West Midlands' business stars",
"We have canvassed the opinions of experts in the region to see who we should be keeping an eye on this year as the business world recovers from the covid-19 pandemic"
] |
|
[
"William Telford"
] | 2021-01-12T09:14:08 | null | 2021-01-12T08:49:40 |
Council says businesses struggling to pay rent has contributed to financial woes during coronavirus crisis
|
https%3A%2F%2Fwww.business-live.co.uk%2Feconomic-development%2Fplymouth-city-council-predicts-30m-19607421.json
|
en
| null |
Plymouth City Council predicts £30m cost of Covid pandemic
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - South West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
The coronavirus pandemic cost Plymouth City Council more than £20million and looks set to cost at least £10million, the local authority says..
Like families, businesses and organisations everywhere, the council said it is counting the cost of Covid-19 as it attempts to set a balanced budget for next year to keep the city running and, crucially, to keep people safe.
Cabinet member for finance Cllr Mark Lowry said: “The figures tell their own story of what an extraordinary time it is - over half a million pounds taking hundreds of homeless people off the streets, £2.9million caring for our children and young people in need and £3million lost income as businesses struggle to pay rent. And while we are grateful that some of these costs have been covered, there is still a gap of over £7million."
The effect of the pandemic also means that fewer people can afford to pay. Last year 74,603 Plymouth households paid council tax. This year it is 73,115 households as more people are claiming council tax support.
The Government’s provisional settlement has indicated that for every £5 the authority has available to spend, nearly £3 is from the council tax payers of Plymouth.
The Government has also told councils that they will be allowed to charge a precept - or contribution - of up to 3% on top up of the final council tax bill to pay for elderly people needing social care.
Cllr Lowry said: “We're facing the deepest recession in 300 years - millions of people are worried about the future of their jobs and how they will make ends meet. It is absurd that the Government is forcing local councils to hike up council tax.
“We still don’t have all the information from the Government we need. In the middle of a pandemic we don’t know what our Public Health Grant for the year is. Last year it was £15.3million, so it is rather important.”
The council had only just set its budget for 2020/21 when the country went into the first lockdown. It had to urgently implement exceptional measures, including setting up a temporary mortuary, securing supplies of PPE for care homes and ensuring there was support for more than 10,000 medically vulnerable residents who had to shield.
While Government grants have supported some council expenditure during the pandemic, it said it has only been compensated for 71p in every pound spend in responding to Covid-19.
The council is currently looking at allocating an extra £5million to meet the cost of protecting vulnerable children and looking after the city’s elderly residents.
How to contact William Telford and Business Live Business Live's South West Business Reporter is William Telford. He is based in Plymouth but covers the entire region. To contact William: Email: [email protected] Phone: 01752 293116 Mob: 07584 594052 Twitter: @WTelfordHerald LinkedIn: www.linkedin.com Facebook: www.facebook.com/william.telford.5473 William has more than a decade's experience reporting on the business scene in Plymouth and the South West. To sign up for Business Live's daily newsletters click here
Plymouth has also seen a reduction in its main source of Government funding - the revenue support grant - from £76.6million in 2013/14 to only £9.74million this year.
Cllr Lowry added: “We have less money and more work, but we are doing our best and are trying to make our services better in very difficult times.
“But we are listening to what people are telling us. A massive 70% of all council tax is spent on looking after children and the elderly - and we will continue to focus our resources on keeping people safe.
“But we also know how important the state of our streets are, so we intend to add an extra £600,000 into the streets budget, so we can better clean the streets and repair the roads.”
Finance officers have calculated that the cost of running council services next year will need a budget of £195.822million but this will not be finalised until February 22. How much council tax people will have to pay will be finalised at the same time.
A full report including final options to balance the budget will be considered by the council’s cabinet on February 9.
|
https://www.business-live.co.uk/economic-development/plymouth-city-council-predicts-30m-19607421
|
en
| 2021-01-12T00:00:00 |
www.business-live.co.uk/88c304316ad40fa4958261a5ea4e738c5e4b8ce823f042f8ee2fd07c0c7b10dc.json
|
[
"Sign up to FREE email alerts from BusinessLive - South West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nThe coronavirus pandemic cost Plymouth City Council more than £20million and looks set to cost at least £10million, the local authority says..\nLike families, businesses and organisations everywhere, the council said it is counting the cost of Covid-19 as it attempts to set a balanced budget for next year to keep the city running and, crucially, to keep people safe.\nCabinet member for finance Cllr Mark Lowry said: “The figures tell their own story of what an extraordinary time it is - over half a million pounds taking hundreds of homeless people off the streets, £2.9million caring for our children and young people in need and £3million lost income as businesses struggle to pay rent. And while we are grateful that some of these costs have been covered, there is still a gap of over £7million.\"\nThe effect of the pandemic also means that fewer people can afford to pay. Last year 74,603 Plymouth households paid council tax. This year it is 73,115 households as more people are claiming council tax support.\nThe Government’s provisional settlement has indicated that for every £5 the authority has available to spend, nearly £3 is from the council tax payers of Plymouth.\nThe Government has also told councils that they will be allowed to charge a precept - or contribution - of up to 3% on top up of the final council tax bill to pay for elderly people needing social care.\nCllr Lowry said: “We're facing the deepest recession in 300 years - millions of people are worried about the future of their jobs and how they will make ends meet. It is absurd that the Government is forcing local councils to hike up council tax.\n“We still don’t have all the information from the Government we need. In the middle of a pandemic we don’t know what our Public Health Grant for the year is. Last year it was £15.3million, so it is rather important.”\nThe council had only just set its budget for 2020/21 when the country went into the first lockdown. It had to urgently implement exceptional measures, including setting up a temporary mortuary, securing supplies of PPE for care homes and ensuring there was support for more than 10,000 medically vulnerable residents who had to shield.\nWhile Government grants have supported some council expenditure during the pandemic, it said it has only been compensated for 71p in every pound spend in responding to Covid-19.\nThe council is currently looking at allocating an extra £5million to meet the cost of protecting vulnerable children and looking after the city’s elderly residents.\nHow to contact William Telford and Business Live Business Live's South West Business Reporter is William Telford. He is based in Plymouth but covers the entire region. To contact William: Email: [email protected] Phone: 01752 293116 Mob: 07584 594052 Twitter: @WTelfordHerald LinkedIn: www.linkedin.com Facebook: www.facebook.com/william.telford.5473 William has more than a decade's experience reporting on the business scene in Plymouth and the South West. To sign up for Business Live's daily newsletters click here\nPlymouth has also seen a reduction in its main source of Government funding - the revenue support grant - from £76.6million in 2013/14 to only £9.74million this year.\nCllr Lowry added: “We have less money and more work, but we are doing our best and are trying to make our services better in very difficult times.\n“But we are listening to what people are telling us. A massive 70% of all council tax is spent on looking after children and the elderly - and we will continue to focus our resources on keeping people safe.\n“But we also know how important the state of our streets are, so we intend to add an extra £600,000 into the streets budget, so we can better clean the streets and repair the roads.”\nFinance officers have calculated that the cost of running council services next year will need a budget of £195.822million but this will not be finalised until February 22. How much council tax people will have to pay will be finalised at the same time.\nA full report including final options to balance the budget will be considered by the council’s cabinet on February 9.",
"Plymouth City Council predicts £30m cost of Covid pandemic",
"Council says businesses struggling to pay rent has contributed to financial woes during coronavirus crisis"
] |
|
[
"Graeme Whitfield",
"Image",
"Handout Astute.Work"
] | 2021-01-26T15:01:08 | null | 2021-01-26T14:44:32 |
Harrogate's Taplanes had seen contracts delayed because of the pandemic and has been given help with its working capital
|
https%3A%2F%2Fwww.business-live.co.uk%2Fenterprise%2Fyorkshire-firm-secures-42-jobs-19703196.json
|
en
| null |
Yorkshire firm secures 42 jobs with Northern Powerhouse loan
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - Yorkshire & Humber Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
A North Yorkshire bathrooms firm has secured 42 jobs after getting a CBILS loan from a Northern Powerhouse fund.
Harrogate-based bathroom pod solutions firm Taplanes has secured the loan from FW Capital Debt Finance after a number of contracts were delayed and it needed support for its working capital.
The company provides modular, pre-fabricated showers and bathroom pods to customers around the world, working particularly in the education sector.
But it has also been diversifying to take advantage of new opportunities in wider sectors such as modular construction, care and criminal justice after receiving £350,000 investment from FW Capital in 2019.
Taplanes director Jon Frewin said: “At Taplanes, we have been designing and manufacturing modular showers and bathroom pods for high-use environments over the past 40 years. This investment from FW Capital is ideal for our needs.
“It has put us in a strong position to complete our pipeline of future projects and continue with our ambitious plans to diversify our client base and bring innovative new products to market.”
Loans from the Northern Powerhouse Fund are available to companies in the North West, Cumbria and the Tees Valley. The deadline for the CBILS scheme is March 31.
The Northern Powerhouse Investment Fund project is supported financially by the European Union using funding from the European Regional Development Fund (ERDF) as part of the European Structural and Investment Funds Growth Programme 2014-2020 and the European Investment Bank.
Loan of between £100,000 and £750,000 are available to SMEs that are experiencing lost or deferred revenues, leading to disruptions to their cash flow.
Dave Hawkins, portfolio executive at FW Capital, said: “Taplanes is a long-established and successful firm with a strong management team and an excellent future order book. As long-term partners, we are pleased to have been able to quickly offer them the funds needed to allow them to diversify and continue to grow during the Covid-19 pandemic.”
|
https://www.business-live.co.uk/enterprise/yorkshire-firm-secures-42-jobs-19703196
|
en
| 2021-01-26T00:00:00 |
www.business-live.co.uk/44b175214365eee8d36eff6748b4454ebfc19484d1e1b6c0bde8bc2641143dfb.json
|
[
"Sign up to FREE email alerts from BusinessLive - Yorkshire & Humber Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nA North Yorkshire bathrooms firm has secured 42 jobs after getting a CBILS loan from a Northern Powerhouse fund.\nHarrogate-based bathroom pod solutions firm Taplanes has secured the loan from FW Capital Debt Finance after a number of contracts were delayed and it needed support for its working capital.\nThe company provides modular, pre-fabricated showers and bathroom pods to customers around the world, working particularly in the education sector.\nBut it has also been diversifying to take advantage of new opportunities in wider sectors such as modular construction, care and criminal justice after receiving £350,000 investment from FW Capital in 2019.\nTaplanes director Jon Frewin said: “At Taplanes, we have been designing and manufacturing modular showers and bathroom pods for high-use environments over the past 40 years. This investment from FW Capital is ideal for our needs.\n“It has put us in a strong position to complete our pipeline of future projects and continue with our ambitious plans to diversify our client base and bring innovative new products to market.”\nLoans from the Northern Powerhouse Fund are available to companies in the North West, Cumbria and the Tees Valley. The deadline for the CBILS scheme is March 31.\nThe Northern Powerhouse Investment Fund project is supported financially by the European Union using funding from the European Regional Development Fund (ERDF) as part of the European Structural and Investment Funds Growth Programme 2014-2020 and the European Investment Bank.\nLoan of between £100,000 and £750,000 are available to SMEs that are experiencing lost or deferred revenues, leading to disruptions to their cash flow.\nDave Hawkins, portfolio executive at FW Capital, said: “Taplanes is a long-established and successful firm with a strong management team and an excellent future order book. As long-term partners, we are pleased to have been able to quickly offer them the funds needed to allow them to diversify and continue to grow during the Covid-19 pandemic.”",
"Yorkshire firm secures 42 jobs with Northern Powerhouse loan",
"Harrogate's Taplanes had seen contracts delayed because of the pandemic and has been given help with its working capital"
] |
|
[
"Richard Whitehouse",
"William Telford"
] | 2021-01-20T10:17:16 | null | 2021-01-20T10:00:00 |
Sir Tim Smit wants to build agronomy centre with restaurant, cookery school and accommodation
|
https%3A%2F%2Fwww.business-live.co.uk%2Feconomic-development%2Feden-project-founder-plans-ambitious-19658491.json
|
en
| null |
Eden Project founder plans ambitious crop study centre in Cornwall
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - South West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
Eden Project co-founder Sir Tim Smit has revealed ambitious plans to build a centre for crop study in Cornwall - with a restaurant. cookery school and accommodation.
Mr Smit has submitted an application to create a "new centre for the teaching and learning of agronomy" along with an owner/manager's house and 20 accommodation "drums" at Gillyflower Farm on the site of the former Lostwithiel Golf Course, in the Duchy
Agronomy is the science and technology of using plants in agriculture for food, fuel and land restoration. Under the plans Gillyflower Farm will have a main building - The Hub - which will have facilities for lectures and learning along with a cafe/restaurant, exhibition spaces, market area and cookery school. There will also be 20 "drums" where visitors can stay and, at the opposite end of the site, a house for the owner/manager.
A design and access statement submitted with the planning application explains that Mr Smit, along with his son Alex, purchased the former golf course in 2016.
They bought the site with a view of turning two-thirds of it into "the greatest rare orchard in Europe". To date 2,972 fruit trees have been planted and there are plans for 1,000 more. The site has been renamed Gillyflower Farm after an apple variety which was discovered in a cottage garden near Truro in about 1813.
The statement explained: "Sir Tim and Alex have drawn on their experience and knowledge of working at The Lost Gardens of Heligan over the last 30 years (in protecting rare heritage varieties of fruits and vegetables that have disappeared from the popular food canon), and their ambition for Gillyflower Farm is to grow these rare European vegetables and allow the public to taste them, via a new cookery school and tasting kitchen.
"Their objective is to cultivate a range of crops that can be grown by partner farmers and become a new range of economic crops that allows Lostwithiel to develop into a centre for the development of new food crops.
"To achieve the aims and objectives of this project, there is a need to provide a new facility that is purpose made and suitable to cater for the needs of the teaching and training of the would-be horticulturalists, amateur gardeners and horticultural students that will visit and stay at Gillyflower Farm.
How to contact William Telford and Business Live Business Live's South West Business Reporter is William Telford. He is based in Plymouth but covers the entire region. To contact William: Email: [email protected] Phone: 01752 293116 Mob: 07584 594052 Twitter: @WTelfordHerald LinkedIn: www.linkedin.com Facebook: www.facebook.com/william.telford.5473 William has more than a decade's experience reporting on the business scene in Plymouth and the South West. To sign up for Business Live's daily newsletters click here
"This new facility is to be contained within a new main building on the site called The Hub. This building will contain exhibition, teaching and demonstration spaces, a market area, a cafe/restaurant with associated kitchen, cookery school and tasting kitchen as well as a microbrewery, distillery, cider and fruit presses, and of course, a fruit storage area designed to enable the fruit to ripen naturally."
Turning to the accommodation it added: "To ensure that Gillyflower Farm is accessible to all who wish to visit and learn the proposed scheme also includes 20 accommodation units - called The Drums - of various sizes (from single storey, one-bed units to two storey, three-bed units).
"The Drums are to be made available for short term rent to people visiting and/or studying at Gillyflower Farm. These visiting groups could be single people, couples, friendship groups, families, students or business groups."
The statement explains that the golf course has been "painstakingly resculpted and renewed" to create a nine-hole course. This will be available to locals and visitors.
It added: "We propose that Gillyflower Farm can achieve the objective of becoming a world class leisure and professional learning facility and will become an essential place for horticultural students to visit to gain invaluable experience linked with the already established learning facilities at the Eden Project, The Lost Gardens of Heligan and the Tresco Abbey Garden on the Isles of Scilly."
|
https://www.business-live.co.uk/economic-development/eden-project-founder-plans-ambitious-19658491
|
en
| 2021-01-20T00:00:00 |
www.business-live.co.uk/ee1fc944e63e893be6545854a608446b417ffebb171b9091b665c0e9c7bf4da3.json
|
[
"Sign up to FREE email alerts from BusinessLive - South West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nEden Project co-founder Sir Tim Smit has revealed ambitious plans to build a centre for crop study in Cornwall - with a restaurant. cookery school and accommodation.\nMr Smit has submitted an application to create a \"new centre for the teaching and learning of agronomy\" along with an owner/manager's house and 20 accommodation \"drums\" at Gillyflower Farm on the site of the former Lostwithiel Golf Course, in the Duchy\nAgronomy is the science and technology of using plants in agriculture for food, fuel and land restoration. Under the plans Gillyflower Farm will have a main building - The Hub - which will have facilities for lectures and learning along with a cafe/restaurant, exhibition spaces, market area and cookery school. There will also be 20 \"drums\" where visitors can stay and, at the opposite end of the site, a house for the owner/manager.\nA design and access statement submitted with the planning application explains that Mr Smit, along with his son Alex, purchased the former golf course in 2016.\nThey bought the site with a view of turning two-thirds of it into \"the greatest rare orchard in Europe\". To date 2,972 fruit trees have been planted and there are plans for 1,000 more. The site has been renamed Gillyflower Farm after an apple variety which was discovered in a cottage garden near Truro in about 1813.\nThe statement explained: \"Sir Tim and Alex have drawn on their experience and knowledge of working at The Lost Gardens of Heligan over the last 30 years (in protecting rare heritage varieties of fruits and vegetables that have disappeared from the popular food canon), and their ambition for Gillyflower Farm is to grow these rare European vegetables and allow the public to taste them, via a new cookery school and tasting kitchen.\n\"Their objective is to cultivate a range of crops that can be grown by partner farmers and become a new range of economic crops that allows Lostwithiel to develop into a centre for the development of new food crops.\n\"To achieve the aims and objectives of this project, there is a need to provide a new facility that is purpose made and suitable to cater for the needs of the teaching and training of the would-be horticulturalists, amateur gardeners and horticultural students that will visit and stay at Gillyflower Farm.\nHow to contact William Telford and Business Live Business Live's South West Business Reporter is William Telford. He is based in Plymouth but covers the entire region. To contact William: Email: [email protected] Phone: 01752 293116 Mob: 07584 594052 Twitter: @WTelfordHerald LinkedIn: www.linkedin.com Facebook: www.facebook.com/william.telford.5473 William has more than a decade's experience reporting on the business scene in Plymouth and the South West. To sign up for Business Live's daily newsletters click here\n\"This new facility is to be contained within a new main building on the site called The Hub. This building will contain exhibition, teaching and demonstration spaces, a market area, a cafe/restaurant with associated kitchen, cookery school and tasting kitchen as well as a microbrewery, distillery, cider and fruit presses, and of course, a fruit storage area designed to enable the fruit to ripen naturally.\"\nTurning to the accommodation it added: \"To ensure that Gillyflower Farm is accessible to all who wish to visit and learn the proposed scheme also includes 20 accommodation units - called The Drums - of various sizes (from single storey, one-bed units to two storey, three-bed units).\n\"The Drums are to be made available for short term rent to people visiting and/or studying at Gillyflower Farm. These visiting groups could be single people, couples, friendship groups, families, students or business groups.\"\nThe statement explains that the golf course has been \"painstakingly resculpted and renewed\" to create a nine-hole course. This will be available to locals and visitors.\nIt added: \"We propose that Gillyflower Farm can achieve the objective of becoming a world class leisure and professional learning facility and will become an essential place for horticultural students to visit to gain invaluable experience linked with the already established learning facilities at the Eden Project, The Lost Gardens of Heligan and the Tresco Abbey Garden on the Isles of Scilly.\"",
"Eden Project founder plans ambitious crop study centre in Cornwall",
"Sir Tim Smit wants to build agronomy centre with restaurant, cookery school and accommodation"
] |
|
[
"Tom Houghton",
"Image",
"Siemens",
"Julian Hamilton"
] | 2021-01-11T05:21:58 | null | 2021-01-11T05:00:00 |
Despite his optimism, Net Zero North West chair Mr Ennis warned that the scale of the UK's task to achieve net zero by 2050 is 'humongous'
|
https%3A%2F%2Fwww.business-live.co.uk%2Feconomic-development%2Fsiemens-ceo-says-2021-year-19589182.json
|
en
| null |
Siemens CEO says 2021 will be 'year the green industrial revolution takes hold'
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - North West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
The boss of Siemens says 2021 will be "the year the green industrial revolution takes hold" - but has urged caution over the UK's hopes of becoming net-zero carbon by 2050.
Carl Ennis is CEO of Siemens UK and chair of Net Zero North West, an initiative aimed at establishing the world's first net-zero industrial cluster, creating 33,000 jobs in the process.
Speaking exclusively to BusinessLive, Mr Ennis said the North West of England has the "right ingredients, appetite and ambition" to spearhead the UK's ambition to become net zero.
But that won't come without challenges, and despite Net Zero NW's target to become a net-zero cluster by 2040, he said the Government's target of 2050 is "massively ambitious".
He said: “2021 is going to be the year when the green industrial revolution takes hold.
Sign up for your free BusinessLive North West newsletter BusinessLive is your home for business news from around the North West- and you can stay in touch with all the latest news from Greater Manchester, Liverpool City Region, Cheshire, Lancashire and Cumbria through our email alerts. You can sign up to receive daily morning news bulletins from every region we cover and to weekly email bulletins covering key economic sectors from manufacturing to technology and enterprise. And we'll send out breaking news alerts for any stories we think you can't miss. By bringing together North West coverage with that from across Reach’s titles in England and Wales, BusinessLive will shine a spotlight on the entrepreneurs, the stars of the future and the small firms that are the backbone of our economy. Visit our email preference centre to sign up to all the latest news from BusinessLive.
"This will not only protect the planet, ensuring we build back greener, but has the potential to drive the post-Covid economic recovery.
"At Net Zero North West we’re rising to the challenge to be the first low carbon industrial cluster by 2030 and we have the opportunity to become world leaders. With 250,000 jobs up for grabs, including more than 33,000 in the North West, we need to grasp this opportunity and act now.
"I'm an optimist, I can't help it. But I get this feeling of a better understanding from all quarters as to the fact that this is now an existential threat.
"I speak to a lot of Government ministers, I'm lucky enough to have spoken to the Prime Minister a few times on this topic, and I speak to the Department for Business regularly on the topic.
"What I've seen over the last few months is a real recognition from that team, that they really do start to get the challenge.
"So I am hopeful that they are now starting to deliver on some of those things. I guess my only caveat will be to whether that comes true, [because] it is a bit dependent upon where we find ourselves with COVID. That does derail a lot."
Despite his optimistic outlook, Mr Ennis was more cautious about the Government's aim of becoming net zero by 2050, adding that it was "massively ambitious".
The reason for this became clear when studying the carbon emissions during the first lockdown last year.
He explained: "We started we started to monitor the air quality in hand, and carbon emissions in cities in the UK, and even though we almost crippled the economy in those months, the emissions of nitric oxide went down by 40%.
(Image: Julian Hamilton)
"But the CO2 emissions only went down by 20%. That for me is a good indication of the scale of things you have to do.
"We almost stopped doing everything, and we only reduced by 20%. So if you're going to get to net carbon zero, the scale of the task is humongous. It is mind bogglingly difficult."
He said the "big things" - such as moving away from coal and creating more offshore wind, would have to be coupled with people at home doing their bit too - including everyone adopting and engaging with smart technology.
He added: "So from the really big stuff to the really little stuff. That scale of the challenge, I think, is often misunderstood by most people.
"I would suggest we hold the big street party if we manage it by 2050."
Mr Ennis was speaking after Net Zero NW received a share of £8m in Government funding last week.
Net Zero NW will set out the transition to net zero for industry in the North West of England and North East Wales, supporting the region’s plans to establish the UK’s first low carbon industrial cluster by 2030 and world’s first net-zero industrial cluster by 2040.
The news came after the industry-led group - made up of business, regional leaders and universities – presented outputs from the first phase of its Cluster Plan to Government earlier this year.
Mr Ennis also explained why the North West was in a "great place" to "reignite the decarbonisation of UK industry".
As the region with the highest concentration of advanced manufacturing and chemical production in the UK reducing carbon emissions is "critical" to protect and grow the high value jobs that have made the region thrive.
If nothing is done, the sharply rising cost of those carbon emissions means that we risk losing these industries overseas which would have a critical and lasting impact on the regional economy whilst making the global climate crisis even worse.
That concentration of industry means that the gains in the North West could be huge, he said, making a significant contribution to the UK’s net zero emission targets and economic recovery.
The essential guide to lockdown 3 in England Time off explained
Business support
He said: "You've got to have the right mixture of ingredients to bake the cake. And I think we feel we're well placed to have all of those ingredients and the appetite and ambition.
"There's this perfect blend of innovation and a capability, and also some geography, around some of our offshore oil deposits and where they can be used for future hydrogen storage.
"Cooperation between local government and local business also works well in the North West - and that's not true everywhere.
"And from my experience of running businesses, you can aspire to do things in a certain region, but if you can't get coordination, it can be hellishly difficult to make anything work. And I think that's a real challenge.
"I think that's one of the things as the North West that we're better placed perhaps than some other regions to be able to be successful."
|
https://www.business-live.co.uk/economic-development/siemens-ceo-says-2021-year-19589182
|
en
| 2021-01-11T00:00:00 |
www.business-live.co.uk/c9f0f1cb40ab0a0c8a888492224b9c2d82fab0f51dce81dee8e7e6b243bd8008.json
|
[
"Sign up to FREE email alerts from BusinessLive - North West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nThe boss of Siemens says 2021 will be \"the year the green industrial revolution takes hold\" - but has urged caution over the UK's hopes of becoming net-zero carbon by 2050.\nCarl Ennis is CEO of Siemens UK and chair of Net Zero North West, an initiative aimed at establishing the world's first net-zero industrial cluster, creating 33,000 jobs in the process.\nSpeaking exclusively to BusinessLive, Mr Ennis said the North West of England has the \"right ingredients, appetite and ambition\" to spearhead the UK's ambition to become net zero.\nBut that won't come without challenges, and despite Net Zero NW's target to become a net-zero cluster by 2040, he said the Government's target of 2050 is \"massively ambitious\".\nHe said: “2021 is going to be the year when the green industrial revolution takes hold.\nSign up for your free BusinessLive North West newsletter BusinessLive is your home for business news from around the North West- and you can stay in touch with all the latest news from Greater Manchester, Liverpool City Region, Cheshire, Lancashire and Cumbria through our email alerts. You can sign up to receive daily morning news bulletins from every region we cover and to weekly email bulletins covering key economic sectors from manufacturing to technology and enterprise. And we'll send out breaking news alerts for any stories we think you can't miss. By bringing together North West coverage with that from across Reach’s titles in England and Wales, BusinessLive will shine a spotlight on the entrepreneurs, the stars of the future and the small firms that are the backbone of our economy. Visit our email preference centre to sign up to all the latest news from BusinessLive.\n\"This will not only protect the planet, ensuring we build back greener, but has the potential to drive the post-Covid economic recovery.\n\"At Net Zero North West we’re rising to the challenge to be the first low carbon industrial cluster by 2030 and we have the opportunity to become world leaders. With 250,000 jobs up for grabs, including more than 33,000 in the North West, we need to grasp this opportunity and act now.\n\"I'm an optimist, I can't help it. But I get this feeling of a better understanding from all quarters as to the fact that this is now an existential threat.\n\"I speak to a lot of Government ministers, I'm lucky enough to have spoken to the Prime Minister a few times on this topic, and I speak to the Department for Business regularly on the topic.\n\"What I've seen over the last few months is a real recognition from that team, that they really do start to get the challenge.\n\"So I am hopeful that they are now starting to deliver on some of those things. I guess my only caveat will be to whether that comes true, [because] it is a bit dependent upon where we find ourselves with COVID. That does derail a lot.\"\nDespite his optimistic outlook, Mr Ennis was more cautious about the Government's aim of becoming net zero by 2050, adding that it was \"massively ambitious\".\nThe reason for this became clear when studying the carbon emissions during the first lockdown last year.\nHe explained: \"We started we started to monitor the air quality in hand, and carbon emissions in cities in the UK, and even though we almost crippled the economy in those months, the emissions of nitric oxide went down by 40%.\n(Image: Julian Hamilton)\n\"But the CO2 emissions only went down by 20%. That for me is a good indication of the scale of things you have to do.\n\"We almost stopped doing everything, and we only reduced by 20%. So if you're going to get to net carbon zero, the scale of the task is humongous. It is mind bogglingly difficult.\"\nHe said the \"big things\" - such as moving away from coal and creating more offshore wind, would have to be coupled with people at home doing their bit too - including everyone adopting and engaging with smart technology.\nHe added: \"So from the really big stuff to the really little stuff. That scale of the challenge, I think, is often misunderstood by most people.\n\"I would suggest we hold the big street party if we manage it by 2050.\"\nMr Ennis was speaking after Net Zero NW received a share of £8m in Government funding last week.\nNet Zero NW will set out the transition to net zero for industry in the North West of England and North East Wales, supporting the region’s plans to establish the UK’s first low carbon industrial cluster by 2030 and world’s first net-zero industrial cluster by 2040.\nThe news came after the industry-led group - made up of business, regional leaders and universities – presented outputs from the first phase of its Cluster Plan to Government earlier this year.\nMr Ennis also explained why the North West was in a \"great place\" to \"reignite the decarbonisation of UK industry\".\nAs the region with the highest concentration of advanced manufacturing and chemical production in the UK reducing carbon emissions is \"critical\" to protect and grow the high value jobs that have made the region thrive.\nIf nothing is done, the sharply rising cost of those carbon emissions means that we risk losing these industries overseas which would have a critical and lasting impact on the regional economy whilst making the global climate crisis even worse.\nThat concentration of industry means that the gains in the North West could be huge, he said, making a significant contribution to the UK’s net zero emission targets and economic recovery.\nThe essential guide to lockdown 3 in England Time off explained\nBusiness support\nHe said: \"You've got to have the right mixture of ingredients to bake the cake. And I think we feel we're well placed to have all of those ingredients and the appetite and ambition.\n\"There's this perfect blend of innovation and a capability, and also some geography, around some of our offshore oil deposits and where they can be used for future hydrogen storage.\n\"Cooperation between local government and local business also works well in the North West - and that's not true everywhere.\n\"And from my experience of running businesses, you can aspire to do things in a certain region, but if you can't get coordination, it can be hellishly difficult to make anything work. And I think that's a real challenge.\n\"I think that's one of the things as the North West that we're better placed perhaps than some other regions to be able to be successful.\"",
"Siemens CEO says 2021 will be 'year the green industrial revolution takes hold'",
"Despite his optimism, Net Zero North West chair Mr Ennis warned that the scale of the UK's task to achieve net zero by 2050 is 'humongous'"
] |
|
[
"William Telford"
] | 2021-01-28T09:48:56 | null | 2021-01-28T08:31:36 |
Bristol, Plymouth and Bournemouth share in £14m Government investment to maintain standards in imported animal products
|
https%3A%2F%2Fwww.business-live.co.uk%2Fenterprise%2Ffunding-animal-product-import-checks-19716006.json
|
en
| null |
Funding for animal product import checks creates SW jobs boost
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - South West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
Jobs are to be created in the South West as part of a £14million Government investment aimed at maintaining the UK’s high standards on imported animal products.
A total of 21 local authorities across England, including three in the South West, have been awarded funding by the Department for Environment, Food and Rural Affairs (Defra).
Bournemouth, Christchurch and Poole Council (£105,991), Bristol City Council (£92,237) and Plymouth City Council (£58,924) are among those to benefit from the Port Health Transition Fund.
The cash has been distributed to local authorities in England on the basis of the declared requirements of the local authorities via a formal bidding process.
More than 500 new jobs will be created across the country to facilitate the new checks on imports of animal products from the EU from April 2021. The funding will be spent on recruiting staff, equipment and new systems.
Farming, fisheries and food minister Victoria Prentis said: “We are rightly proud of our high standards of animal and plant goods and we are determined to maintain them, while ensuring that operations at our ports continue to run smoothly.
“This funding will allow local authorities to play their part in maintaining standards and efficiency at our borders, while also providing investment in new jobs and infrastructure.”
How to contact William Telford and Business Live Business Live's South West Business Reporter is William Telford. He is based in Plymouth but covers the entire region. To contact William: Email: [email protected] Phone: 01752 293116 Mob: 07584 594052 Twitter: @WTelfordHerald LinkedIn: www.linkedin.com Facebook: www.facebook.com/william.telford.5473 William has more than a decade's experience reporting on the business scene in Plymouth and the South West. To sign up for Business Live's daily newsletters click here
The new checks will be introduced in a phased way, with documentary checks on animal products for human consumption starting from April 2021, followed by additional identity and physical checks at border control posts from July 2021.
Together with other checks on live animals, plants and plant products carried out by the Animal and Plant Health Agency (APHA), the new port checks will safeguard public, animal and plant health, the Government said.
APHA, formerly known as the Animal Health and Veterinary Laboratories Agency (AHVLA), is an executive agency of the Department for Environment, Food and Rural Affairs (Defra) and was formed in October 2014, when AHVLA was expanded by adding parts of the Food and Environment Research Agency (FERA), including the Plant Health and Seeds Inspectorate (PHSI).
AHVLA had originally been established in April 2011 by a merger of two former agencies, Animal Health and the Veterinary Laboratories Agency.
The agency's main task is to protect the health and welfare of animals, as well as the general public, from disease. It conducts work across Great Britain on behalf of Defra, the Scottish Government and the Welsh Government.
|
https://www.business-live.co.uk/enterprise/funding-animal-product-import-checks-19716006
|
en
| 2021-01-28T00:00:00 |
www.business-live.co.uk/856337e79c61eb56ef2cc585fc59655ea0496e41120099f9ffc588319e7d5f14.json
|
[
"Sign up to FREE email alerts from BusinessLive - South West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nJobs are to be created in the South West as part of a £14million Government investment aimed at maintaining the UK’s high standards on imported animal products.\nA total of 21 local authorities across England, including three in the South West, have been awarded funding by the Department for Environment, Food and Rural Affairs (Defra).\nBournemouth, Christchurch and Poole Council (£105,991), Bristol City Council (£92,237) and Plymouth City Council (£58,924) are among those to benefit from the Port Health Transition Fund.\nThe cash has been distributed to local authorities in England on the basis of the declared requirements of the local authorities via a formal bidding process.\nMore than 500 new jobs will be created across the country to facilitate the new checks on imports of animal products from the EU from April 2021. The funding will be spent on recruiting staff, equipment and new systems.\nFarming, fisheries and food minister Victoria Prentis said: “We are rightly proud of our high standards of animal and plant goods and we are determined to maintain them, while ensuring that operations at our ports continue to run smoothly.\n“This funding will allow local authorities to play their part in maintaining standards and efficiency at our borders, while also providing investment in new jobs and infrastructure.”\nHow to contact William Telford and Business Live Business Live's South West Business Reporter is William Telford. He is based in Plymouth but covers the entire region. To contact William: Email: [email protected] Phone: 01752 293116 Mob: 07584 594052 Twitter: @WTelfordHerald LinkedIn: www.linkedin.com Facebook: www.facebook.com/william.telford.5473 William has more than a decade's experience reporting on the business scene in Plymouth and the South West. To sign up for Business Live's daily newsletters click here\nThe new checks will be introduced in a phased way, with documentary checks on animal products for human consumption starting from April 2021, followed by additional identity and physical checks at border control posts from July 2021.\nTogether with other checks on live animals, plants and plant products carried out by the Animal and Plant Health Agency (APHA), the new port checks will safeguard public, animal and plant health, the Government said.\nAPHA, formerly known as the Animal Health and Veterinary Laboratories Agency (AHVLA), is an executive agency of the Department for Environment, Food and Rural Affairs (Defra) and was formed in October 2014, when AHVLA was expanded by adding parts of the Food and Environment Research Agency (FERA), including the Plant Health and Seeds Inspectorate (PHSI).\nAHVLA had originally been established in April 2011 by a merger of two former agencies, Animal Health and the Veterinary Laboratories Agency.\nThe agency's main task is to protect the health and welfare of animals, as well as the general public, from disease. It conducts work across Great Britain on behalf of Defra, the Scottish Government and the Welsh Government.",
"Funding for animal product import checks creates SW jobs boost",
"Bristol, Plymouth and Bournemouth share in £14m Government investment to maintain standards in imported animal products"
] |
|
[
"David Laister",
"Image",
"Lock It Safe Ltd"
] | 2021-01-26T15:01:18 | null | 2021-01-26T14:21:02 |
Lock It Safe is also seeing significant interest in its original lines as cycling commute sees a huge surge
|
https%3A%2F%2Fwww.business-live.co.uk%2Fmanufacturing%2Faldi-customers-covid-enforced-queues-19702885.json
|
en
| null |
Aldi win for engineering firm as queuing shoppers shielded from winter weather in Covid pandemic
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - Yorkshire & Humber Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
Supermarket customers forced to queue for entry because of Covid restrictions have a Grimsby fabrication specialist to thank for shielding them from the harsh winter weather.
Lock It Safe Ltd has supplied 159 covered walkways for discount retailer Aldi, rolling out the length and breadth of the country.
And talks are underway to roll out further than the 39 stores now fitted out in 2020, as the business heads towards a record year.
Launched as a cycle parking solution provider almost 30 years ago, Lock It Safe has diversified significantly in recent years.
With a track record of covered walkways and canopies for commercial and public sector use, it was well suited for the work.
Matt Smith, managing director, said: “When we received the enquiry from Aldi in mid-October, their timescales were ambitious. Fortunately we have experience in designing, fabricating and installing bespoke covered walkways for the airport, rail, and education sectors which put us in a great place to win the contract.”
The weather would not wait and Aldi wanted the installations across five regions completed before they hit their Christmas shopping peak.
“In just 10 weeks we installed 159 units across 39 stores from as far north as Elgin in Scotland down to Lewes on the south coast,” Mr Smith said. “Our team pulled out all the stops and I couldn’t be prouder of how they delivered for Aldi, especially as the installations were often near essential disabled and parent/child parking and busy store entrances so we needed to cause the minimum of disruption.
(Image: Lock It Safe Ltd)
“The project went so well, we are now in discussions with Aldi to provide covered walkways at more stores in 2021.”
Launched in 1993, schools and local authorities were the first recipients of the bike shacks.
It fabricates its own range of products from a workshop in Market Rasen, pitching itself against significant players for prestigious national contracts. A management buy-out was completed in 2018 by Mr Smith and Craig Sime, who had both worked in the business for a significant time. Having turned over around £1.5 million for several years, it is now heading towards £2.5 million after “two years of really hard graft”.
“Craig and I knew it could work because of the client base and the reputation,” Mr Smith said of the buy-out.
“The last year has really seen us turn a corner.”
A team of 16 is employed, up two through lockdown in the Europarc office, with fitting crew also expanded to meet demand.
Andy Doyle, property director for Aldi, thanked the entire team, describing it as “a great effort”.
The original focus remains, with the push on cycling seeing Lock It Safe working with major hospitals in London as health workers seek to steer clear of public transport.
|
https://www.business-live.co.uk/manufacturing/aldi-customers-covid-enforced-queues-19702885
|
en
| 2021-01-26T00:00:00 |
www.business-live.co.uk/42b57e87020bc5cc7695094befd39a20b1dc77832025b6b8c4b4b3039d716d6d.json
|
[
"Sign up to FREE email alerts from BusinessLive - Yorkshire & Humber Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nSupermarket customers forced to queue for entry because of Covid restrictions have a Grimsby fabrication specialist to thank for shielding them from the harsh winter weather.\nLock It Safe Ltd has supplied 159 covered walkways for discount retailer Aldi, rolling out the length and breadth of the country.\nAnd talks are underway to roll out further than the 39 stores now fitted out in 2020, as the business heads towards a record year.\nLaunched as a cycle parking solution provider almost 30 years ago, Lock It Safe has diversified significantly in recent years.\nWith a track record of covered walkways and canopies for commercial and public sector use, it was well suited for the work.\nMatt Smith, managing director, said: “When we received the enquiry from Aldi in mid-October, their timescales were ambitious. Fortunately we have experience in designing, fabricating and installing bespoke covered walkways for the airport, rail, and education sectors which put us in a great place to win the contract.”\nThe weather would not wait and Aldi wanted the installations across five regions completed before they hit their Christmas shopping peak.\n“In just 10 weeks we installed 159 units across 39 stores from as far north as Elgin in Scotland down to Lewes on the south coast,” Mr Smith said. “Our team pulled out all the stops and I couldn’t be prouder of how they delivered for Aldi, especially as the installations were often near essential disabled and parent/child parking and busy store entrances so we needed to cause the minimum of disruption.\n(Image: Lock It Safe Ltd)\n“The project went so well, we are now in discussions with Aldi to provide covered walkways at more stores in 2021.”\nLaunched in 1993, schools and local authorities were the first recipients of the bike shacks.\nIt fabricates its own range of products from a workshop in Market Rasen, pitching itself against significant players for prestigious national contracts. A management buy-out was completed in 2018 by Mr Smith and Craig Sime, who had both worked in the business for a significant time. Having turned over around £1.5 million for several years, it is now heading towards £2.5 million after “two years of really hard graft”.\n“Craig and I knew it could work because of the client base and the reputation,” Mr Smith said of the buy-out.\n“The last year has really seen us turn a corner.”\nA team of 16 is employed, up two through lockdown in the Europarc office, with fitting crew also expanded to meet demand.\nAndy Doyle, property director for Aldi, thanked the entire team, describing it as “a great effort”.\nThe original focus remains, with the push on cycling seeing Lock It Safe working with major hospitals in London as health workers seek to steer clear of public transport.",
"Aldi win for engineering firm as queuing shoppers shielded from winter weather in Covid pandemic",
"Lock It Safe is also seeing significant interest in its original lines as cycling commute sees a huge surge"
] |
|
[
"Coreena Ford",
"Image",
"Pa"
] | 2021-01-06T08:52:46 | null | 2021-01-06T08:38:17 |
The Newcastle food-on-the-go company said it expects to make £15m losses and says impact of pandemic has been 'enormous'
|
https%3A%2F%2Fwww.business-live.co.uk%2Fretail-consumer%2Fgreggs-signals-major-losses-plans-19570649.json
|
en
| null |
Greggs signals major losses but plans 100 new shop openings in 2021
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - North East Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
North East bakery chain Greggs says its expansion plans will continue in 2021 with 100 planned openings – despite warning profit levels will not recover until at least next year.
The group said average like-for-like sales were back up to 81.1% of its 2019 levels over its fourth quarter, running to January 2. It took in total sales of £293m compared to 2019’s £344m, and over the last five weeks had recovered to 85.7% of last year’s performance.
The Newcastle firm – which cut 820 jobs because of the impact of the pandemic – said total sales for the 53 weeks to Jan 2 slumped by 30.5% from £1.168bn to £811m, but added that Government support had helped limit full-year pre-tax losses.
Despite the falling sales, Greggs continued to grow its estate over the year, opening 84 new shops - including 35 franchised units - and closing 56, growing the estate to 2,078 shops as of January 2.
It said while there was “significant uncertainty” over the outlook due to ongoing lockdowns and Covid-19 measures, it was not expecting profits to recover to pre-pandemic levels for another two years “at the earliest”.
Looking ahead, the company said it was maintaining a strong financial position, developing new ways for customers to shop and that it expected to open 100 stores in the year ahead “subject to prevailing market conditions”.
Sign up for your daily BusinessLive North East newsletter You can get all the day's business news from the North East sent to your email inbox each morning. By signing up here, we will deliver the headlines from companies in Tyne and Wear, Northumberland, County Durham and Teesside straight to your email inbox every morning. Our specialist team of business writers will bring you stories from a range of sectors, reporting on companies large and small.
Chief Executive Roger Whiteside said: “In a year like no other I am enormously proud of the way in which our team has risen to the challenges we have faced, whilst looking after the interests of all stakeholders and providing support for communities.
“Whilst the impact of COVID-19 has been enormous, we have established working practices that allow us to provide takeaway food services under the different levels of restrictions we have experienced. The breadth of Greggs’ customer base provides ongoing demand for our services which, combined with our diverse geographical spread, has demonstrated the resilience of our business.
“With customers spending more time at home we have successfully developed our partnership with Just Eat to offer delivery services and have also seen strong sales through our longstanding partnership with Iceland, offering our products for home baking. We have resumed opening new shops where we see good opportunities, with those sites accessed by car performing particularly well.
“In light of the recent Government announcements significant uncertainties remain in the near-term. We have taken action to position Greggs to withstand further short-term shocks and are optimistic about our prospects for growth once social restrictions are lifted.”
|
https://www.business-live.co.uk/retail-consumer/greggs-signals-major-losses-plans-19570649
|
en
| 2021-01-06T00:00:00 |
www.business-live.co.uk/7afbb9d8b4a9f747b2a55b47dea721007d30776f390035e5749641d062669edf.json
|
[
"Sign up to FREE email alerts from BusinessLive - North East Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nNorth East bakery chain Greggs says its expansion plans will continue in 2021 with 100 planned openings – despite warning profit levels will not recover until at least next year.\nThe group said average like-for-like sales were back up to 81.1% of its 2019 levels over its fourth quarter, running to January 2. It took in total sales of £293m compared to 2019’s £344m, and over the last five weeks had recovered to 85.7% of last year’s performance.\nThe Newcastle firm – which cut 820 jobs because of the impact of the pandemic – said total sales for the 53 weeks to Jan 2 slumped by 30.5% from £1.168bn to £811m, but added that Government support had helped limit full-year pre-tax losses.\nDespite the falling sales, Greggs continued to grow its estate over the year, opening 84 new shops - including 35 franchised units - and closing 56, growing the estate to 2,078 shops as of January 2.\nIt said while there was “significant uncertainty” over the outlook due to ongoing lockdowns and Covid-19 measures, it was not expecting profits to recover to pre-pandemic levels for another two years “at the earliest”.\nLooking ahead, the company said it was maintaining a strong financial position, developing new ways for customers to shop and that it expected to open 100 stores in the year ahead “subject to prevailing market conditions”.\nSign up for your daily BusinessLive North East newsletter You can get all the day's business news from the North East sent to your email inbox each morning. By signing up here, we will deliver the headlines from companies in Tyne and Wear, Northumberland, County Durham and Teesside straight to your email inbox every morning. Our specialist team of business writers will bring you stories from a range of sectors, reporting on companies large and small.\nChief Executive Roger Whiteside said: “In a year like no other I am enormously proud of the way in which our team has risen to the challenges we have faced, whilst looking after the interests of all stakeholders and providing support for communities.\n“Whilst the impact of COVID-19 has been enormous, we have established working practices that allow us to provide takeaway food services under the different levels of restrictions we have experienced. The breadth of Greggs’ customer base provides ongoing demand for our services which, combined with our diverse geographical spread, has demonstrated the resilience of our business.\n“With customers spending more time at home we have successfully developed our partnership with Just Eat to offer delivery services and have also seen strong sales through our longstanding partnership with Iceland, offering our products for home baking. We have resumed opening new shops where we see good opportunities, with those sites accessed by car performing particularly well.\n“In light of the recent Government announcements significant uncertainties remain in the near-term. We have taken action to position Greggs to withstand further short-term shocks and are optimistic about our prospects for growth once social restrictions are lifted.”",
"Greggs signals major losses but plans 100 new shop openings in 2021",
"The Newcastle food-on-the-go company said it expects to make £15m losses and says impact of pandemic has been 'enormous'"
] |
|
[
"Steve Robson",
"Tom Houghton",
"Image",
"Jacob King Pa Wire",
"High Level Photography Ltd"
] | 2021-01-25T07:13:02 | null | 2021-01-25T05:00:00 |
Key changes to the controversial scheme set to charge polluting vehicles
|
https%3A%2F%2Fwww.business-live.co.uk%2Feconomic-development%2Fmanchester-clean-air-zone-new-19682031.json
|
en
| null |
Manchester Clean Air Zone: New areas, details and start date announced as report published
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - North West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
A new report into Greater Manchester's Clean Air Plan has outlined the next steps for the controversial proposals, and revealed it will begin charging drivers from next year.
The document published on Friday will be discussed by the combined authority this week, before being considered by the ten councils "as soon as possible" - by the summer.
The plans, which were put to an eight-week public consultation, would charge polluting drivers up to £60 a day, despite opposition from local businesses.
The new Clean Air Zone (CAZ), a plan that has been in the pipeline since 2016 in an attempt to clean up the region's air, is hoped to be launched in spring 2022.
It will target the most polluting commercial vehicles with a daily charge of £7.50 for private hire cars, £10 for vans and £60 for buses and lorries to travel anywhere in the conurbation.
Failure to pay the charge would result in a £120 fine plus the daily charge. The plans will effect an estimated 11,000 HGVs and 77,000 non-compliant vans, it is believed.
The report released on Friday also said the Government had agreed to consider extending the CAZ to the sections of the A628 and A57 that pass through the villages of Hollingworth and Mottram as a single carriageway.
Greater Manchester’s Green City Region lead, Councillor Andrew Western, said: “Poor air quality affects us all but particularly the most vulnerable members of our society, and we must act to clean up the air we all breathe.
“Government asked us to continue to progress the CAZ proposals developed before the Covid-19 pandemic, and I’d like to thank everyone for the crucial feedback given during the consultation.
“We did see brief, short term improvements in air quality due to the pandemic, but as the economy opened again in the second half of 2020, road traffic levels grew quickly, almost reaching pre-pandemic levels by late 2020. Coupled with this, the economic uncertainty led to a significant reduction in the purchase of newer, cleaner vehicles.
Sign up for your free BusinessLive North West newsletter BusinessLive is your home for business news from around the North West- and you can stay in touch with all the latest news from Greater Manchester, Liverpool City Region, Cheshire, Lancashire and Cumbria through our email alerts. You can sign up to receive daily morning news bulletins from every region we cover and to weekly email bulletins covering key economic sectors from manufacturing to technology and enterprise. And we'll send out breaking news alerts for any stories we think you can't miss. By bringing together North West coverage with that from across Reach’s titles in England and Wales, BusinessLive will shine a spotlight on the entrepreneurs, the stars of the future and the small firms that are the backbone of our economy. Visit our email preference centre to sign up to all the latest news from BusinessLive.
“So analysis has shown that the pandemic won’t lead to a big enough long-term reduction in harmful nitrogen dioxide air pollution on our local roads to meet legal limits without a CAZ."
If it begins in 2022 as proposed, it is anticipated the scheme would last at least four years until 2026 and then be scrapped if nitrous oxide levels have improved enough.
Political leaders including Mayor Andy Burnham have backed the plans as the best way to clean up Manchester's air.
They are also backed by a number of local campaign groups including Friends of the Earth Manchester.
Air pollution, primarily caused by vehicles, is said to contribute to 1,200 deaths a year in Greater Manchester.
But many businesses have been opposed from the start, arguing that the charge is a 'blunt instrument' that won't work.
The criticism has intensified in the wake of the coronavirus pandemic with claims that hard-hit businesses simply don't have the money to upgrade vehicles.
(Image: Jacob King/PA Wire)
A final public consultation on the plans closed on December 3 with Mr Burnham encouraging 'feedback' so that the region could strengthen its case for £150m of funding.
Despite the introduction of a CAZ being a Government direction, it has so far committed only £41m.
Last year, government minister Rebecca Pow said “only the most polluting older vehicles are charged in a CAZ, and it is not a congestion charge”.
The combined authority says securing right level of government funding is “absolutely critical” to support local businesses and organisations before the government-mandated plan is introduced.
An independent research agency is now working to analyse and report the information gathered from the two consultations to help local authority decision makers make a fully informed decision on the final plans.
Business opposition
Local leaders from the Federation of Small Businesses (FSB), the CBI and the Greater Manchester Chamber of Commerce have previously made their feelings known about the scheme.
All three organisations signed a letter calling for the plans to be paused, arguing that the pandemic has 'changed everything'.
They say many firms have 'maxed out' their finances due to Covid-19 and will be unable to upgrade their vehicles.
They also note that similar plans for a CAZ in Leeds were scrapped when it emerged pollution levels have improved dramatically.
In their letter to Transport for Greater Manchester, they said they are not opposed to the plans in principle.
It said: "We fully recognise the impact that poor air quality has on people.
"Poor air quality needs addressing, we agree with that, as do our members.
"But many are uneasy that this is not the right time to be moving forward with this in its proposed structure and format."
They said that financial support is 'vital' and that it must come as quickly as possible before the CAZ comes into effect.
The £150m Greater Manchester is seeking to help operators upgrade or retrofit vehicles 'falls way short of what is realistically needed', they argue.
"The introduction of daily charging should be delayed to allow businesses adequate time to make changes to their vehicles recognising the extreme economic circumstances created by Covid-19. We suggest charging to be introduced no sooner than 2024," the business group adds.
(Image: High Level Photography Ltd)
Cllr Western added: “We absolutely recognise the importance of understanding what impact the pandemic has had on our air quality and businesses, so that these are reflected in the final plans and our ongoing discussions with government.
“In particular, we want to ensure that the best possible funding support is in place to help vehicle owners to make the change.
"It’s a very uncertain time for a lot of people, and getting the right level of funding to support local businesses and organisations before the CAZ is introduced is absolutely critical.
“There’s a lot of work to carry out in coming months to analyse and understand the information and evidence gathered. All of this will help inform the final plan and how we best ensure our residents are not exposed to the health threats caused by illegal levels of air pollution.”
|
https://www.business-live.co.uk/economic-development/manchester-clean-air-zone-new-19682031
|
en
| 2021-01-25T00:00:00 |
www.business-live.co.uk/641449ea1e2e13242f935bf32d827f8269d5e4dde0cffbc73465ee9830c31ec3.json
|
[
"Sign up to FREE email alerts from BusinessLive - North West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nA new report into Greater Manchester's Clean Air Plan has outlined the next steps for the controversial proposals, and revealed it will begin charging drivers from next year.\nThe document published on Friday will be discussed by the combined authority this week, before being considered by the ten councils \"as soon as possible\" - by the summer.\nThe plans, which were put to an eight-week public consultation, would charge polluting drivers up to £60 a day, despite opposition from local businesses.\nThe new Clean Air Zone (CAZ), a plan that has been in the pipeline since 2016 in an attempt to clean up the region's air, is hoped to be launched in spring 2022.\nIt will target the most polluting commercial vehicles with a daily charge of £7.50 for private hire cars, £10 for vans and £60 for buses and lorries to travel anywhere in the conurbation.\nFailure to pay the charge would result in a £120 fine plus the daily charge. The plans will effect an estimated 11,000 HGVs and 77,000 non-compliant vans, it is believed.\nThe report released on Friday also said the Government had agreed to consider extending the CAZ to the sections of the A628 and A57 that pass through the villages of Hollingworth and Mottram as a single carriageway.\nGreater Manchester’s Green City Region lead, Councillor Andrew Western, said: “Poor air quality affects us all but particularly the most vulnerable members of our society, and we must act to clean up the air we all breathe.\n“Government asked us to continue to progress the CAZ proposals developed before the Covid-19 pandemic, and I’d like to thank everyone for the crucial feedback given during the consultation.\n“We did see brief, short term improvements in air quality due to the pandemic, but as the economy opened again in the second half of 2020, road traffic levels grew quickly, almost reaching pre-pandemic levels by late 2020. Coupled with this, the economic uncertainty led to a significant reduction in the purchase of newer, cleaner vehicles.\nSign up for your free BusinessLive North West newsletter BusinessLive is your home for business news from around the North West- and you can stay in touch with all the latest news from Greater Manchester, Liverpool City Region, Cheshire, Lancashire and Cumbria through our email alerts. You can sign up to receive daily morning news bulletins from every region we cover and to weekly email bulletins covering key economic sectors from manufacturing to technology and enterprise. And we'll send out breaking news alerts for any stories we think you can't miss. By bringing together North West coverage with that from across Reach’s titles in England and Wales, BusinessLive will shine a spotlight on the entrepreneurs, the stars of the future and the small firms that are the backbone of our economy. Visit our email preference centre to sign up to all the latest news from BusinessLive.\n“So analysis has shown that the pandemic won’t lead to a big enough long-term reduction in harmful nitrogen dioxide air pollution on our local roads to meet legal limits without a CAZ.\"\nIf it begins in 2022 as proposed, it is anticipated the scheme would last at least four years until 2026 and then be scrapped if nitrous oxide levels have improved enough.\nPolitical leaders including Mayor Andy Burnham have backed the plans as the best way to clean up Manchester's air.\nThey are also backed by a number of local campaign groups including Friends of the Earth Manchester.\nAir pollution, primarily caused by vehicles, is said to contribute to 1,200 deaths a year in Greater Manchester.\nBut many businesses have been opposed from the start, arguing that the charge is a 'blunt instrument' that won't work.\nThe criticism has intensified in the wake of the coronavirus pandemic with claims that hard-hit businesses simply don't have the money to upgrade vehicles.\n(Image: Jacob King/PA Wire)\nA final public consultation on the plans closed on December 3 with Mr Burnham encouraging 'feedback' so that the region could strengthen its case for £150m of funding.\nDespite the introduction of a CAZ being a Government direction, it has so far committed only £41m.\nLast year, government minister Rebecca Pow said “only the most polluting older vehicles are charged in a CAZ, and it is not a congestion charge”.\nThe combined authority says securing right level of government funding is “absolutely critical” to support local businesses and organisations before the government-mandated plan is introduced.\nAn independent research agency is now working to analyse and report the information gathered from the two consultations to help local authority decision makers make a fully informed decision on the final plans.\nBusiness opposition\nLocal leaders from the Federation of Small Businesses (FSB), the CBI and the Greater Manchester Chamber of Commerce have previously made their feelings known about the scheme.\nAll three organisations signed a letter calling for the plans to be paused, arguing that the pandemic has 'changed everything'.\nThey say many firms have 'maxed out' their finances due to Covid-19 and will be unable to upgrade their vehicles.\nThey also note that similar plans for a CAZ in Leeds were scrapped when it emerged pollution levels have improved dramatically.\nIn their letter to Transport for Greater Manchester, they said they are not opposed to the plans in principle.\nIt said: \"We fully recognise the impact that poor air quality has on people.\n\"Poor air quality needs addressing, we agree with that, as do our members.\n\"But many are uneasy that this is not the right time to be moving forward with this in its proposed structure and format.\"\nThey said that financial support is 'vital' and that it must come as quickly as possible before the CAZ comes into effect.\nThe £150m Greater Manchester is seeking to help operators upgrade or retrofit vehicles 'falls way short of what is realistically needed', they argue.\n\"The introduction of daily charging should be delayed to allow businesses adequate time to make changes to their vehicles recognising the extreme economic circumstances created by Covid-19. We suggest charging to be introduced no sooner than 2024,\" the business group adds.\n(Image: High Level Photography Ltd)\nCllr Western added: “We absolutely recognise the importance of understanding what impact the pandemic has had on our air quality and businesses, so that these are reflected in the final plans and our ongoing discussions with government.\n“In particular, we want to ensure that the best possible funding support is in place to help vehicle owners to make the change.\n\"It’s a very uncertain time for a lot of people, and getting the right level of funding to support local businesses and organisations before the CAZ is introduced is absolutely critical.\n“There’s a lot of work to carry out in coming months to analyse and understand the information and evidence gathered. All of this will help inform the final plan and how we best ensure our residents are not exposed to the health threats caused by illegal levels of air pollution.”",
"Manchester Clean Air Zone: New areas, details and start date announced as report published",
"Key changes to the controversial scheme set to charge polluting vehicles"
] |
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[
"Ed Oldfield",
"William Telford",
"Image",
"Adg"
] | 2021-01-11T09:07:06 | null | 2021-01-11T08:00:00 |
Council planners approve development of 11-storey hotel, eight-floor apartment block and 13-level multi-storey
|
https%3A%2F%2Fwww.business-live.co.uk%2Feconomic-development%2Fgo-ahead-30m-plymouth-hotel-19585458.json
|
en
| null |
Go ahead for £30m Plymouth hotel, flats and car park scheme
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - South West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
A £30million plan to build an 11-storey hotel, flats and multi-storey car park on the site of a former ITV studio in Plymouth city centre has been given the go-ahead.
Plymouth City Council planners have approved the scheme, from developer Seapoint Capital, which will fill a patch of derelict, sloped land between Derry’s Cross and The Crescent, opposite a listed terrace dating from the 1860s.
The television studios were later used as offices by solicitors Foot Anstey before being demolished to leave an empty site, currently partly in use as a car park.
The city council has now granted outline permission with a series of conditions for three buildings in a new application which followed the refusal of a scheme in 2019.
(Image: ADG) (Image: ADG)
But a landmark wall, with a distinctive six-sided hexagon design and blue tiles which some people wanted saved, is set to disappear.
The approved plans are for a 150-bedroom hotel opposite the historic terrace in front of a 300-space multi-storey car park, with a block of 88 flats across a public walkway through the site to Derry’s Cross, and two commercial units.
The main pedestrian access to the 11-floor hotel will be from The Crescent, with a reception, cafe and bar at street level and bedrooms on the upper levels. The car park is on the lower ground behind the hotel, with 13 levels.
(Image: ADG) (Image: ADG)
The eight-floor block of flats will be in a separate building on the other side of the public walkway, parallel to Athenaeum Lane, which will widen out at Derry’s Cross into a space to be called Athenaeum Piazza fronted by shops on either side.
A previous scheme was rejected in 2019 because of the layout and lack of housing. The new plans reflected changes following discussions with planners and include 30% of the one- and two-bedroom flats being classed as “affordable”.
The site is part of land once known as Stray Park, which was used as a burial ground for the Royal Naval Hospital at Stonehouse Creek from the mid-18th Century for around 60 years.
Several hundred skeletons have been excavated as a result of recent developments in the area, but the number remaining buried could be up to 2,000.
Want more Plymouth business news straight to your inbox? BusinessLive South West is home for all your Plymouth business news as well as relevant stories from across the wider region. You can sign up to receive daily morning business bulletins and we'll send out breaking news alerts for any stories we think you can't miss. Visit our email preference centre to sign up to all the latest news from BusinessLive.
A planning report said modern building techniques should mean little or no impact on the bones still there, but a planning condition has been added to monitor work below ground and properly excavate any uncovered remains.
The report said the latest version of the hotel showed a curved design for the double-height ground floor opposite the listed terrace in The Crescent, after a design review panel raised concerns about the “slab-like” proposals of the main building.
During consultation, there were calls to keep or relocate a wall with a six-sided hexagon pattern and a section of blue tiles alongside the main road, which is believed to date back to the television studios built in the 1960s.
The planning report said officers had lengthy discussions with the developer about whether the wall can be reclaimed or reused in the scheme.
Although they were unwilling to commit to reuse the material because of the difficulties involved in reclamation and the limits it would put on the future design, they were prepared to give the wall material to any interested party who wanted to safely remove it. Anyone interested should contact the developer directly. The appearance and landscaping of the development will be decided in a separate detailed planning application.
|
https://www.business-live.co.uk/economic-development/go-ahead-30m-plymouth-hotel-19585458
|
en
| 2021-01-11T00:00:00 |
www.business-live.co.uk/61d3958d72e4ac1415b5bae0f257d90a05723bef1e8b3d20167d93f8edd16e15.json
|
[
"Sign up to FREE email alerts from BusinessLive - South West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nA £30million plan to build an 11-storey hotel, flats and multi-storey car park on the site of a former ITV studio in Plymouth city centre has been given the go-ahead.\nPlymouth City Council planners have approved the scheme, from developer Seapoint Capital, which will fill a patch of derelict, sloped land between Derry’s Cross and The Crescent, opposite a listed terrace dating from the 1860s.\nThe television studios were later used as offices by solicitors Foot Anstey before being demolished to leave an empty site, currently partly in use as a car park.\nThe city council has now granted outline permission with a series of conditions for three buildings in a new application which followed the refusal of a scheme in 2019.\n(Image: ADG) (Image: ADG)\nBut a landmark wall, with a distinctive six-sided hexagon design and blue tiles which some people wanted saved, is set to disappear.\nThe approved plans are for a 150-bedroom hotel opposite the historic terrace in front of a 300-space multi-storey car park, with a block of 88 flats across a public walkway through the site to Derry’s Cross, and two commercial units.\nThe main pedestrian access to the 11-floor hotel will be from The Crescent, with a reception, cafe and bar at street level and bedrooms on the upper levels. The car park is on the lower ground behind the hotel, with 13 levels.\n(Image: ADG) (Image: ADG)\nThe eight-floor block of flats will be in a separate building on the other side of the public walkway, parallel to Athenaeum Lane, which will widen out at Derry’s Cross into a space to be called Athenaeum Piazza fronted by shops on either side.\nA previous scheme was rejected in 2019 because of the layout and lack of housing. The new plans reflected changes following discussions with planners and include 30% of the one- and two-bedroom flats being classed as “affordable”.\nThe site is part of land once known as Stray Park, which was used as a burial ground for the Royal Naval Hospital at Stonehouse Creek from the mid-18th Century for around 60 years.\nSeveral hundred skeletons have been excavated as a result of recent developments in the area, but the number remaining buried could be up to 2,000.\nWant more Plymouth business news straight to your inbox? BusinessLive South West is home for all your Plymouth business news as well as relevant stories from across the wider region. You can sign up to receive daily morning business bulletins and we'll send out breaking news alerts for any stories we think you can't miss. Visit our email preference centre to sign up to all the latest news from BusinessLive.\nA planning report said modern building techniques should mean little or no impact on the bones still there, but a planning condition has been added to monitor work below ground and properly excavate any uncovered remains.\nThe report said the latest version of the hotel showed a curved design for the double-height ground floor opposite the listed terrace in The Crescent, after a design review panel raised concerns about the “slab-like” proposals of the main building.\nDuring consultation, there were calls to keep or relocate a wall with a six-sided hexagon pattern and a section of blue tiles alongside the main road, which is believed to date back to the television studios built in the 1960s.\nThe planning report said officers had lengthy discussions with the developer about whether the wall can be reclaimed or reused in the scheme.\nAlthough they were unwilling to commit to reuse the material because of the difficulties involved in reclamation and the limits it would put on the future design, they were prepared to give the wall material to any interested party who wanted to safely remove it. Anyone interested should contact the developer directly. The appearance and landscaping of the development will be decided in a separate detailed planning application.",
"Go ahead for £30m Plymouth hotel, flats and car park scheme",
"Council planners approve development of 11-storey hotel, eight-floor apartment block and 13-level multi-storey"
] |
|
[
"Tom Pegden"
] | 2021-01-22T03:27:41 | null | 2021-01-22T03:00:00 |
Business, which operates out of Rutland, will supply more than 8,000 bespoke pieces of stone
|
https%3A%2F%2Fwww.business-live.co.uk%2Fmanufacturing%2Fstamford-stone-wins-12m-oxford-19674023.json
|
en
| null |
Stamford Stone wins £1.2m Oxford university contract
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - East Midlands Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
A traditional stone supplier has won a £1.2 million contract for its Clipsham limestone to be used on a multi-million pound development in the heart of Oxford.
Stamford Stone is providing almost 1,500 tonnes of its Clipsham stone for the Northgate House redevelopment site, which forms part of the historical Jesus College.
It will house a new College quad, student accommodation, retail units, a state-of-the-art digital hub and multi-purpose teaching and learning spaces, a cafe and exhibition space.
The business, which operates out of Rutland, will supply more than 8,000 bespoke pieces of stone, each of them hand cut and individually marked so they can be laid in exactly the right way.
The precision cut Clipsham limestone will be used to clad the outside of the building which is currently shielded behind an exoskeleton of scaffolding and protective wrapping.
Stamford Stone director Dan Wilson said: “We are really pleased to be involved with such a high profile project as this.
“We have worked hard to promote our Clipsham stone to be the go-to stone for restoration projects in Oxford and Cambridge over the years and this work is beginning to pay dividends.
“The Clipsham limestone we excavate from our quarries is the most recognised stone in the area for large-scale commercial projects.”
The Northgate development has been designed by MICA Architects, with BAM the main contractor, and Szerelmey Stonework and Restoration designing the detailed fixing systems and installing the stonework.
The building is due to open this autumn, marking Jesus College’s 450th anniversary.
|
https://www.business-live.co.uk/manufacturing/stamford-stone-wins-12m-oxford-19674023
|
en
| 2021-01-22T00:00:00 |
www.business-live.co.uk/1867d2a828c78cec2a0246a2521db91b7fcc107d43f6adb648c90ee73fb1c703.json
|
[
"Sign up to FREE email alerts from BusinessLive - East Midlands Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nA traditional stone supplier has won a £1.2 million contract for its Clipsham limestone to be used on a multi-million pound development in the heart of Oxford.\nStamford Stone is providing almost 1,500 tonnes of its Clipsham stone for the Northgate House redevelopment site, which forms part of the historical Jesus College.\nIt will house a new College quad, student accommodation, retail units, a state-of-the-art digital hub and multi-purpose teaching and learning spaces, a cafe and exhibition space.\nThe business, which operates out of Rutland, will supply more than 8,000 bespoke pieces of stone, each of them hand cut and individually marked so they can be laid in exactly the right way.\nThe precision cut Clipsham limestone will be used to clad the outside of the building which is currently shielded behind an exoskeleton of scaffolding and protective wrapping.\nStamford Stone director Dan Wilson said: “We are really pleased to be involved with such a high profile project as this.\n“We have worked hard to promote our Clipsham stone to be the go-to stone for restoration projects in Oxford and Cambridge over the years and this work is beginning to pay dividends.\n“The Clipsham limestone we excavate from our quarries is the most recognised stone in the area for large-scale commercial projects.”\nThe Northgate development has been designed by MICA Architects, with BAM the main contractor, and Szerelmey Stonework and Restoration designing the detailed fixing systems and installing the stonework.\nThe building is due to open this autumn, marking Jesus College’s 450th anniversary.",
"Stamford Stone wins £1.2m Oxford university contract",
"Business, which operates out of Rutland, will supply more than 8,000 bespoke pieces of stone"
] |
|
[
"William Telford",
"Image",
"Iod",
"Huddersfield Daily Examiner"
] | 2021-01-05T14:28:32 | null | 2021-01-05T14:07:24 |
Organisations want Chancellor to commit to long-term support plan lasting until at least end of 2021
|
https%3A%2F%2Fwww.business-live.co.uk%2Fenterprise%2Fsw-businesses-welcome-46bn-lockdown-19566723.json
|
en
| null |
SW businesses welcome £4.6bn lockdown package but say it's not enough
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - South West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
South West business leaders have welcomed the Government’s £4.6billion support package for businesses hit by a third national lockdown – but say it doesn’t go far enough.
Chancellor Rishi Sunak acted swiftly to support sectors forced to close after Prime Minister Boris Johnson pitched England into another shutdown in order to protect the NHS from being overwhelmed by coronavirus patients.
About 600,000 retail, hospitality and leisure sites will be able to claim a one-off grant of up to £9,000, costing the Treasury £4.6billion, with a further £594million for local authorities and devolved administrations to support businesses not eligible for the grants.
But South West business organisations are already calling for a long-term road map from the Government, and for the Chancellor to extend the support until the end of 2021, or even longer.
For instance, they want VAT and rates relief for hospitality businesses, due to be ended in March, to be continued and certainty over what businesses can receive support outside of the retail and hospitality sectors, including in the supply chain.
Stuart Elford, chief executive of Devon and Plymouth Chamber of Commerce and chair of British Chambers of Commerce South West, said the Government must commit to a support package for businesses lasting the entire year, and make an announcement before Mr Sunak's March 3 Budget.
He said: “While welcome, the new lockdown grant support from Rishi Sunak is not enough. The Government needs to set out a clear support package for the whole of 2021, which businesses so urgently need in order to plan and prevent mass redundancies.
“Mr Sunak must not wait until the Spring budget to help businesses of all shapes and sizes, who have depleted cash reserves, survive this difficult and uncertain year.
“Businesses must not be allowed to fail now when the vaccine rollout provides light at the end of the tunnel. The Chamber will be doing all we can to fight hard for our businesses.”
Tim Jones, chairman of the South West Business Council, called the Chancellor’s latest package a “sticking plaster” and said support should be continued until the end of 2021.
He said: “Whilst the latest funding support package from the Chancellor is appreciated, this is very much of a ‘sticking plaster’. The accumulative effect of three lockdowns and the stop/start approach which has now been experienced for the past nine months, has deeply impacted upon the hospitality, tourism and leisure industry.
“There is no doubt that a much deeper support package will be necessary and that this will need to be available for an extended period whilst businesses try and recover and repair their balance sheets. Almost certainly the Government should consider a period up to the end of the current year.
“To date, also, the effect on businesses who rely upon the tourism sector has not been fully appraised. This includes many in the retail sector and also numerous local suppliers. These indirect losses are not being recognised.
“The Government will need to wake up to the fact that the South West has been disproportionately affected by the lockdown programme and market disruption.”
Kim Conchie, chief executive of Cornwall Chamber of Commerce, wants an even longer period of assistance – until March 2022.
And he is concerned whether businesses supplying the South West’s retailers and hospitality sector will be helped when demand shrinks.
He said: “It’s good that Mr Sunak reacted quickly, but it is not quite clear whether businesses in the supply chain, like those supplying food to hotels, that are not mandated to close but are hugely restricted, are included. So are these going to be discriminatory grants?
“Also, I would like a 15-month programme of support, until the end of the March 2022 financial year.”
He said there should be a VAT holiday, business rates waiver and an extension of the furlough scheme and said: “So lets have some clarity about businesses in the quirky sectors we have in Devon and Cornwall, and a plan to March 2022.”
WHAT DO YOU THINK THE GOVERNMENT SHOULD DO TO SUPPORT BUSINESSES? PLEASE COMMENT BELOW
Exeter Chamber of Commerce is also concerned about the wider implications of the new lockdown, particularly on jobs, and said in a statement: “ The knock-on impact to the wider supply chain is now becoming more severe and has an impact across many sectors from food and farming, to manufacturing, to business services and more.
“Businesses have worked incredibly hard to continue trading where possible, and to keep their staff safe and in employment and now they need more support.
“This is a critical time to ensure that businesses who have managed to survive so far, can hold on for the next few months. This won’t be possible without further support from the Government: doing any less would mitigate the positive effect of support already provided.”
(Image: IoD)
Robert Lloyd Griffiths, regional director, IoD (Institute of Directors) South West, said: “This new grant package is welcome, and will go some way to reassuring the worst affected businesses.
“Here in the South West where the hospitality and tourism sectors have been particularly hard hit by the pandemic it will hopefully help soften the blow of this third lockdown.
“We are particularly pleased the Treasury has taken on board our recommendation to increase the discretionary local authority grant fund. This policy has helped to reach those who haven’t been able to access other support. The Government should be prepared to top up the fund if necessary.”
But he warned: “The Chancellor must remain wary of a Spring cliff-edge in business support as the furlough scheme and other support measures unwind. Businesses will also be keen for the Government to continue setting out its plans for the vaccine roll-out to support their planning. The path of the virus is extremely uncertain, and the Government must be agile in its response to prevent lasting economic damage.”
Phil Smith, managing director of Business West, said: “Enhanced support for businesses, a turbo-charged vaccine rollout, and delivery of existing promises on mass testing must be delivered to enable the UK to restart, rebuild and renew.”
(Image: Huddersfield Daily Examiner)
Federation of Small Businesses (FSB) national chair Mike Cherry said: "While this additional financial support will be a lifeline to 600,000 businesses and therefore has value, there is a need for a plan that matches the scale of the economic damage we are seeing.
"For many it just won't be enough for businesses who are already under the cosh and on the brink. These funds come after a disappointing festive period and are followed by a last minute lockdown and do not go far enough to match the scale of the crisis that small firms are facing.
"There remain too many groups who need more support to weather this storm such as the newly self-employed, those in supply chains and company directors.”
How to contact William Telford and Business Live Business Live's South West Business Reporter is William Telford. He is based in Plymouth but covers the entire region. To contact William: Email: [email protected] Phone: 01752 293116 Mob: 07584 594052 Twitter: @WTelfordHerald LinkedIn: www.linkedin.com Facebook: www.facebook.com/william.telford.5473 William has more than a decade's experience reporting on the business scene in Plymouth and the South West. To sign up for Business Live's daily newsletters click here
He added: "This lockdown is expected to last for some time, even when restrictions ease, many small firms will be unable to function at 100%, if at all. Which is why the Government should create a Spring Economy Plan to help firms get through to drive a vaccine-enabled recovery.”
British Chambers of Commerce director general, Adam Marshall said: ”'While this immediate cash flow support for business is welcome, it is not going to be enough to save many firms. We need to see a clear support package for the whole of 2021, not just another incremental intervention.
Rain Newton-Smith, CBI chief economist, praised the Chancellor for moving swiftly to support businesses, but said: “There are other steps that can help provide a bridge to the all-important economic recovery, particularly those affected through supply chains.
“For some, demand has once again evaporated overnight. Therefore extending the job retention scheme to the end of the second quarter would provide firms with a clear line of sight, aiding planning and investment.
“And removing the business rate relief cliff edge in April will provide much-needed breathing space, as will re-examining the case for VAT deferrals.”
|
https://www.business-live.co.uk/enterprise/sw-businesses-welcome-46bn-lockdown-19566723
|
en
| 2021-01-05T00:00:00 |
www.business-live.co.uk/91be6aa0b3d31ce566d075968d42285a2684243178b32aab4cad0d7dddd7c27d.json
|
[
"Sign up to FREE email alerts from BusinessLive - South West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nSouth West business leaders have welcomed the Government’s £4.6billion support package for businesses hit by a third national lockdown – but say it doesn’t go far enough.\nChancellor Rishi Sunak acted swiftly to support sectors forced to close after Prime Minister Boris Johnson pitched England into another shutdown in order to protect the NHS from being overwhelmed by coronavirus patients.\nAbout 600,000 retail, hospitality and leisure sites will be able to claim a one-off grant of up to £9,000, costing the Treasury £4.6billion, with a further £594million for local authorities and devolved administrations to support businesses not eligible for the grants.\nBut South West business organisations are already calling for a long-term road map from the Government, and for the Chancellor to extend the support until the end of 2021, or even longer.\nFor instance, they want VAT and rates relief for hospitality businesses, due to be ended in March, to be continued and certainty over what businesses can receive support outside of the retail and hospitality sectors, including in the supply chain.\nStuart Elford, chief executive of Devon and Plymouth Chamber of Commerce and chair of British Chambers of Commerce South West, said the Government must commit to a support package for businesses lasting the entire year, and make an announcement before Mr Sunak's March 3 Budget.\nHe said: “While welcome, the new lockdown grant support from Rishi Sunak is not enough. The Government needs to set out a clear support package for the whole of 2021, which businesses so urgently need in order to plan and prevent mass redundancies.\n“Mr Sunak must not wait until the Spring budget to help businesses of all shapes and sizes, who have depleted cash reserves, survive this difficult and uncertain year.\n“Businesses must not be allowed to fail now when the vaccine rollout provides light at the end of the tunnel. The Chamber will be doing all we can to fight hard for our businesses.”\nTim Jones, chairman of the South West Business Council, called the Chancellor’s latest package a “sticking plaster” and said support should be continued until the end of 2021.\nHe said: “Whilst the latest funding support package from the Chancellor is appreciated, this is very much of a ‘sticking plaster’. The accumulative effect of three lockdowns and the stop/start approach which has now been experienced for the past nine months, has deeply impacted upon the hospitality, tourism and leisure industry.\n“There is no doubt that a much deeper support package will be necessary and that this will need to be available for an extended period whilst businesses try and recover and repair their balance sheets. Almost certainly the Government should consider a period up to the end of the current year.\n“To date, also, the effect on businesses who rely upon the tourism sector has not been fully appraised. This includes many in the retail sector and also numerous local suppliers. These indirect losses are not being recognised.\n“The Government will need to wake up to the fact that the South West has been disproportionately affected by the lockdown programme and market disruption.”\nKim Conchie, chief executive of Cornwall Chamber of Commerce, wants an even longer period of assistance – until March 2022.\nAnd he is concerned whether businesses supplying the South West’s retailers and hospitality sector will be helped when demand shrinks.\nHe said: “It’s good that Mr Sunak reacted quickly, but it is not quite clear whether businesses in the supply chain, like those supplying food to hotels, that are not mandated to close but are hugely restricted, are included. So are these going to be discriminatory grants?\n“Also, I would like a 15-month programme of support, until the end of the March 2022 financial year.”\nHe said there should be a VAT holiday, business rates waiver and an extension of the furlough scheme and said: “So lets have some clarity about businesses in the quirky sectors we have in Devon and Cornwall, and a plan to March 2022.”\nWHAT DO YOU THINK THE GOVERNMENT SHOULD DO TO SUPPORT BUSINESSES? PLEASE COMMENT BELOW\nExeter Chamber of Commerce is also concerned about the wider implications of the new lockdown, particularly on jobs, and said in a statement: “ The knock-on impact to the wider supply chain is now becoming more severe and has an impact across many sectors from food and farming, to manufacturing, to business services and more.\n“Businesses have worked incredibly hard to continue trading where possible, and to keep their staff safe and in employment and now they need more support.\n“This is a critical time to ensure that businesses who have managed to survive so far, can hold on for the next few months. This won’t be possible without further support from the Government: doing any less would mitigate the positive effect of support already provided.”\n(Image: IoD)\nRobert Lloyd Griffiths, regional director, IoD (Institute of Directors) South West, said: “This new grant package is welcome, and will go some way to reassuring the worst affected businesses.\n“Here in the South West where the hospitality and tourism sectors have been particularly hard hit by the pandemic it will hopefully help soften the blow of this third lockdown.\n“We are particularly pleased the Treasury has taken on board our recommendation to increase the discretionary local authority grant fund. This policy has helped to reach those who haven’t been able to access other support. The Government should be prepared to top up the fund if necessary.”\nBut he warned: “The Chancellor must remain wary of a Spring cliff-edge in business support as the furlough scheme and other support measures unwind. Businesses will also be keen for the Government to continue setting out its plans for the vaccine roll-out to support their planning. The path of the virus is extremely uncertain, and the Government must be agile in its response to prevent lasting economic damage.”\nPhil Smith, managing director of Business West, said: “Enhanced support for businesses, a turbo-charged vaccine rollout, and delivery of existing promises on mass testing must be delivered to enable the UK to restart, rebuild and renew.”\n(Image: Huddersfield Daily Examiner)\nFederation of Small Businesses (FSB) national chair Mike Cherry said: \"While this additional financial support will be a lifeline to 600,000 businesses and therefore has value, there is a need for a plan that matches the scale of the economic damage we are seeing.\n\"For many it just won't be enough for businesses who are already under the cosh and on the brink. These funds come after a disappointing festive period and are followed by a last minute lockdown and do not go far enough to match the scale of the crisis that small firms are facing.\n\"There remain too many groups who need more support to weather this storm such as the newly self-employed, those in supply chains and company directors.”\nHow to contact William Telford and Business Live Business Live's South West Business Reporter is William Telford. He is based in Plymouth but covers the entire region. To contact William: Email: [email protected] Phone: 01752 293116 Mob: 07584 594052 Twitter: @WTelfordHerald LinkedIn: www.linkedin.com Facebook: www.facebook.com/william.telford.5473 William has more than a decade's experience reporting on the business scene in Plymouth and the South West. To sign up for Business Live's daily newsletters click here\nHe added: \"This lockdown is expected to last for some time, even when restrictions ease, many small firms will be unable to function at 100%, if at all. Which is why the Government should create a Spring Economy Plan to help firms get through to drive a vaccine-enabled recovery.”\nBritish Chambers of Commerce director general, Adam Marshall said: ”'While this immediate cash flow support for business is welcome, it is not going to be enough to save many firms. We need to see a clear support package for the whole of 2021, not just another incremental intervention.\nRain Newton-Smith, CBI chief economist, praised the Chancellor for moving swiftly to support businesses, but said: “There are other steps that can help provide a bridge to the all-important economic recovery, particularly those affected through supply chains.\n“For some, demand has once again evaporated overnight. Therefore extending the job retention scheme to the end of the second quarter would provide firms with a clear line of sight, aiding planning and investment.\n“And removing the business rate relief cliff edge in April will provide much-needed breathing space, as will re-examining the case for VAT deferrals.”",
"SW businesses welcome £4.6bn lockdown package but say it's not enough",
"Organisations want Chancellor to commit to long-term support plan lasting until at least end of 2021"
] |
|
[
"William Telford",
"Image",
"Www.Acornpropertygroup.Org",
"Https",
"Balticwharf.Co.Uk"
] | 2021-01-12T09:13:48 | null | 2021-01-12T08:00:00 |
London's Acorn Property Group and TQ9 Partnership envisage more homes and commercial space too in historic Totnes
|
https%3A%2F%2Fwww.business-live.co.uk%2Feconomic-development%2Fbusinesses-team-up-plan-huge-19603138.json
|
en
| null |
Businesses team up to plan huge redevelopment of riverside site
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - South West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
Two businesses have entered into a joint venture agreement to build housing and commercial space on the banks of Devon’s River Dart.
London-headquartered Acorn Property Group has teamed up with Totnes’ TQ9 Partnership LLP to further redevelop Baltic Wharf in the heart of the historic town of Totnes.
This latest stage of regeneration will include a mix of residential homes and commercial space including the retention of the Baltic Wharf Boat Yard.
Nestled on the banks of the River Dart, among beautiful countryside, Baltic Wharf is near the heart of Totnes, famed for its range of independent shops, organic food, and promotion of ethical and fair-trade products.
(Image: https://balticwharf.co.uk)
The town is also well connected with a mainline train station offering direct routes to Plymouth, Exeter, Bristol, and London and five miles from A38 Devon Expressway.
Award-winning independent housebuilder Acorn has been providing bespoke, design-led homes for more than 25 years.
It has offices in London, Bristol, Cardiff, Exeter and Cornwall and often works with landowners, local authorities and other public bodies, and housing assocations.
Set up in 1995 it has a broad portfolio including sites in urban and rural locations, brownfield and greenfield sites, new build and conversions including listed buildings and numerous residential and commercial mixed-use sites.
It is working on South West schemes in Exmouth, St Austell, Bristol, Bath, Falmouth, Frome, Chillington, Exeter, Newquay, Barnstaple, Padstow, Constantine Bay, Fowey, Ottery St Mary, St Ives, Perranporth, among others around the region and UK, including several in London.
How to contact William Telford and Business Live Business Live's South West Business Reporter is William Telford. He is based in Plymouth but covers the entire region. To contact William: Email: [email protected] Phone: 01752 293116 Mob: 07584 594052 Twitter: @WTelfordHerald LinkedIn: www.linkedin.com Facebook: www.facebook.com/william.telford.5473 William has more than a decade's experience reporting on the business scene in Plymouth and the South West. To sign up for Business Live's daily newsletters click here
Acorn boasts it is “championing regeneration and putting creativity and sustainability at the forefront of every project they are involved in” and is “passionate about creating new communities that are a joy in which to live and work”.
Acorn Exeter’s regional director, Ed Lewis said: “We are thrilled to have entered into a joint development agreement with TQ9 Partnership especially on a scheme as exciting as this and can’t wait to continue with the delivery of this important but stalled regeneration site. This agreement assists with our strategic growth and provision of high-quality new homes in this region”.
Steve Mittler, managing partner of TQ9 Partnership, which was incorporated in 2006 and is based at Baltic Wharf, said: “We are delighted to be working with Acorn to complete the regeneration of Baltic Wharf. We are confident that they have the right approach to build on the bespoke high-quality and sustainable design developed from extensive consultation within the town during the first phase”.
Following their agreement, the development partners will now seek to work with Totnes Town Council and ward members along with South Hams District Council and others on the site which already has planning consent, to develop and implement the plans.
A 95-home development, commissioned by TQ9 and delivered by Bloor Homes on designs from Plymouth’s Stride Treglown architecture practice, was completed in 2014 at a cost of £15million.
|
https://www.business-live.co.uk/economic-development/businesses-team-up-plan-huge-19603138
|
en
| 2021-01-12T00:00:00 |
www.business-live.co.uk/98f12c62f9881ca2056f4076a91e0b537f14aa448f136afd6f91829ad2013411.json
|
[
"Sign up to FREE email alerts from BusinessLive - South West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nTwo businesses have entered into a joint venture agreement to build housing and commercial space on the banks of Devon’s River Dart.\nLondon-headquartered Acorn Property Group has teamed up with Totnes’ TQ9 Partnership LLP to further redevelop Baltic Wharf in the heart of the historic town of Totnes.\nThis latest stage of regeneration will include a mix of residential homes and commercial space including the retention of the Baltic Wharf Boat Yard.\nNestled on the banks of the River Dart, among beautiful countryside, Baltic Wharf is near the heart of Totnes, famed for its range of independent shops, organic food, and promotion of ethical and fair-trade products.\n(Image: https://balticwharf.co.uk)\nThe town is also well connected with a mainline train station offering direct routes to Plymouth, Exeter, Bristol, and London and five miles from A38 Devon Expressway.\nAward-winning independent housebuilder Acorn has been providing bespoke, design-led homes for more than 25 years.\nIt has offices in London, Bristol, Cardiff, Exeter and Cornwall and often works with landowners, local authorities and other public bodies, and housing assocations.\nSet up in 1995 it has a broad portfolio including sites in urban and rural locations, brownfield and greenfield sites, new build and conversions including listed buildings and numerous residential and commercial mixed-use sites.\nIt is working on South West schemes in Exmouth, St Austell, Bristol, Bath, Falmouth, Frome, Chillington, Exeter, Newquay, Barnstaple, Padstow, Constantine Bay, Fowey, Ottery St Mary, St Ives, Perranporth, among others around the region and UK, including several in London.\nHow to contact William Telford and Business Live Business Live's South West Business Reporter is William Telford. He is based in Plymouth but covers the entire region. To contact William: Email: [email protected] Phone: 01752 293116 Mob: 07584 594052 Twitter: @WTelfordHerald LinkedIn: www.linkedin.com Facebook: www.facebook.com/william.telford.5473 William has more than a decade's experience reporting on the business scene in Plymouth and the South West. To sign up for Business Live's daily newsletters click here\nAcorn boasts it is “championing regeneration and putting creativity and sustainability at the forefront of every project they are involved in” and is “passionate about creating new communities that are a joy in which to live and work”.\nAcorn Exeter’s regional director, Ed Lewis said: “We are thrilled to have entered into a joint development agreement with TQ9 Partnership especially on a scheme as exciting as this and can’t wait to continue with the delivery of this important but stalled regeneration site. This agreement assists with our strategic growth and provision of high-quality new homes in this region”.\nSteve Mittler, managing partner of TQ9 Partnership, which was incorporated in 2006 and is based at Baltic Wharf, said: “We are delighted to be working with Acorn to complete the regeneration of Baltic Wharf. We are confident that they have the right approach to build on the bespoke high-quality and sustainable design developed from extensive consultation within the town during the first phase”.\nFollowing their agreement, the development partners will now seek to work with Totnes Town Council and ward members along with South Hams District Council and others on the site which already has planning consent, to develop and implement the plans.\nA 95-home development, commissioned by TQ9 and delivered by Bloor Homes on designs from Plymouth’s Stride Treglown architecture practice, was completed in 2014 at a cost of £15million.",
"Businesses team up to plan huge redevelopment of riverside site",
"London's Acorn Property Group and TQ9 Partnership envisage more homes and commercial space too in historic Totnes"
] |
|
[
"Laura Watson"
] | 2021-01-08T16:15:06 | null | 2021-01-08T15:03:38 |
Pub boss says extending the business rates holiday and VAT cut for the rest of this year is a 'minimum requirement'
|
https%3A%2F%2Fwww.business-live.co.uk%2Fretail-consumer%2Fmarstons-boss-calls-extension-government-19589092.json
|
en
| null |
Marston's boss calls for extension to Government support as pubs expected to be closed until March 'at the earliest'
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - West Midlands Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
Pub company Marston's is calling for Government support to be extended as venues across the UK remain closed until 'March at the earliest.'
Chief executive Ralph Findlay says extending the business rates holiday beyond its current end date in April and a VAT cut for the rest of this year is the 'minimum requirement' needed to support the recovery of hospitality businesses which have been forced to shut their doors as a result of another lockdown.
The call comes after a recent trading update revealed Marston's - whose headquarters is in Wolverhampton - recorded revenue of £54 million for the 13 weeks to January 2, 2021.
The company - which has around 1,400 pubs across the UK - said that it is losing between £3m and £4m a week during lockdown and that 97 per cent of its staff are currently furloughed.
A statement to the London Stock Exchange said: "Following the imposition of lockdowns across the UK in recent days, all our pubs are closed. We do not have certainty about the timing of reopening, but in view of comments from the Prime Minister about the potential for lifting restrictions as the vaccination programme progresses we anticipate that pubs will be closed for trading until March at the earliest, and expect some of the previous restrictions to remain on reopening.
"Despite this disruption, we remain focused on the strategic development of the business."
The statement added: "As we outlined in our preliminary results in December, when restrictions are lifted we expect consumer demand to be strong and that our pub estate, which is predominately located in suburban locations, will be well positioned."
In 2020, Marston's announced a tie up with the UK arm of Danish drinks company Carlsberg to create a new brewing business.
The deal saw the company received a 40 per cent stake in the Carlsberg Marston's Brewing Company and £273m which was used to reduce company debt.
And in December, Marston's revealed it was taking over the running of 156 SA Brain & Co pubs in a move which saved 1,300 jobs.
The company said the transaction - which is due to be completed in February - demonstrates its commitment to its growing pub business and its confidence in the medium-term outlook for the UK pub sector.
Want more business news straight to your inbox? BusinessLive is your home for business news from around the country - and you can stay in touch with all the latest news through our email alerts. You can sign up to receive daily morning news bulletins from every region we cover and to weekly email bulletins covering key economic sectors from manufacturing to technology and enterprise. And we'll send out breaking news alerts for any stories we think you can't miss. Visit our email preference centre to sign up to all the latest news from BusinessLive.
Mr Findlay said: "The pub sector has been closed for much of the last nine months and remains in a very difficult position. Regrettably there have been casualties across the sector and it is vital that the Government reviews urgently the opportunity to continue to support pubs as we reopen the economy in the coming weeks.
"Pubs are viable businesses which are part of the social fabric of Britain and which make a major contribution to the economy and the communities in which they serve. It is vital that they not only survive the short-term crisis but are supported in order to recover and flourish. Extending the business rates holiday and VAT cut for the rest of this year is a minimum requirement."
Do you think the Government should extend its support for hospitality businesses? Share your views in the comments section below.
He added: "Despite these challenges, Marston's has a significantly strengthened balance sheet following the creation of the joint venture with Carlsberg and the financial headroom to weather the extended period of current trading restrictions.
"With the roll-out of the vaccine programme now underway nationwide, we remain well positioned to rebuild trading momentum once restrictions are lifted, as well as to leverage potential market opportunities open to us. We have a clear strategy in place which leaves us confident for the future of our business over the medium term."
|
https://www.business-live.co.uk/retail-consumer/marstons-boss-calls-extension-government-19589092
|
en
| 2021-01-08T00:00:00 |
www.business-live.co.uk/228a7254bc3fd50c9c7cc4f17196220920805b2dfa4c97a8e473d1ccde308556.json
|
[
"Sign up to FREE email alerts from BusinessLive - West Midlands Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nPub company Marston's is calling for Government support to be extended as venues across the UK remain closed until 'March at the earliest.'\nChief executive Ralph Findlay says extending the business rates holiday beyond its current end date in April and a VAT cut for the rest of this year is the 'minimum requirement' needed to support the recovery of hospitality businesses which have been forced to shut their doors as a result of another lockdown.\nThe call comes after a recent trading update revealed Marston's - whose headquarters is in Wolverhampton - recorded revenue of £54 million for the 13 weeks to January 2, 2021.\nThe company - which has around 1,400 pubs across the UK - said that it is losing between £3m and £4m a week during lockdown and that 97 per cent of its staff are currently furloughed.\nA statement to the London Stock Exchange said: \"Following the imposition of lockdowns across the UK in recent days, all our pubs are closed. We do not have certainty about the timing of reopening, but in view of comments from the Prime Minister about the potential for lifting restrictions as the vaccination programme progresses we anticipate that pubs will be closed for trading until March at the earliest, and expect some of the previous restrictions to remain on reopening.\n\"Despite this disruption, we remain focused on the strategic development of the business.\"\nThe statement added: \"As we outlined in our preliminary results in December, when restrictions are lifted we expect consumer demand to be strong and that our pub estate, which is predominately located in suburban locations, will be well positioned.\"\nIn 2020, Marston's announced a tie up with the UK arm of Danish drinks company Carlsberg to create a new brewing business.\nThe deal saw the company received a 40 per cent stake in the Carlsberg Marston's Brewing Company and £273m which was used to reduce company debt.\nAnd in December, Marston's revealed it was taking over the running of 156 SA Brain & Co pubs in a move which saved 1,300 jobs.\nThe company said the transaction - which is due to be completed in February - demonstrates its commitment to its growing pub business and its confidence in the medium-term outlook for the UK pub sector.\nWant more business news straight to your inbox? BusinessLive is your home for business news from around the country - and you can stay in touch with all the latest news through our email alerts. You can sign up to receive daily morning news bulletins from every region we cover and to weekly email bulletins covering key economic sectors from manufacturing to technology and enterprise. And we'll send out breaking news alerts for any stories we think you can't miss. Visit our email preference centre to sign up to all the latest news from BusinessLive.\nMr Findlay said: \"The pub sector has been closed for much of the last nine months and remains in a very difficult position. Regrettably there have been casualties across the sector and it is vital that the Government reviews urgently the opportunity to continue to support pubs as we reopen the economy in the coming weeks.\n\"Pubs are viable businesses which are part of the social fabric of Britain and which make a major contribution to the economy and the communities in which they serve. It is vital that they not only survive the short-term crisis but are supported in order to recover and flourish. Extending the business rates holiday and VAT cut for the rest of this year is a minimum requirement.\"\nDo you think the Government should extend its support for hospitality businesses? Share your views in the comments section below.\nHe added: \"Despite these challenges, Marston's has a significantly strengthened balance sheet following the creation of the joint venture with Carlsberg and the financial headroom to weather the extended period of current trading restrictions.\n\"With the roll-out of the vaccine programme now underway nationwide, we remain well positioned to rebuild trading momentum once restrictions are lifted, as well as to leverage potential market opportunities open to us. We have a clear strategy in place which leaves us confident for the future of our business over the medium term.\"",
"Marston's boss calls for extension to Government support as pubs expected to be closed until March 'at the earliest'",
"Pub boss says extending the business rates holiday and VAT cut for the rest of this year is a 'minimum requirement'"
] |
|
[
"Sion Barry"
] | 2021-01-27T09:41:09 | null | 2021-01-27T09:19:47 |
After halting production last year due to the pandemic it said demand for construction equipment has rebounded
|
https%3A%2F%2Fwww.business-live.co.uk%2Fmanufacturing%2Fjcb-creating-400-jobs-moves-19708037.json
|
en
| null |
JCB creating 400 jobs at it moves to ramp up production
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - Manufacturing Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
Construction equipment firm JCB is recruiting more than 400 staff at its factories in the UK as it looks to ramp up production.
Last year it halted output at factories globally in the aftermath of the pandemic.
However, it said that the market for construction equipment has rebounded sharply.
As a result it is recruiting in the UK more than 400 additional agency employees in a variety of jobs including assembly, welding and fork lift truck drivers.
JCB currently has 11 sites in the UK at Wrexham , Derbyshire and Staffordshire, with a total workforce of 6,500.
Globally it has 22 factories.
It has also confirmed it is giving permanent contracts to up to 300 existing agency employees, including welders, fabricators and CNC machinists.
JCB chief operating officer Mark Turner said: “In March 2020 our orders dramatically disappeared overnight when the Covid-19 pandemic took hold and while we were able to protect our shop floor workforce, regrettably many staff positions were impacted. It took more than six months for the business to recover to production levels we last saw in March 2020.
“This year has started strongly and our forecasts predict a continued solid recovery, with strong demand from mainland Europe and North America.
"This means we are now in a position to recruit many more shop floor colleagues and offer permanent JCB contracts to a large number of existing agency employees. After a tumultuous 12 months, this really is good news.”
To have your say on this story please use our comments section at the top of this article
|
https://www.business-live.co.uk/manufacturing/jcb-creating-400-jobs-moves-19708037
|
en
| 2021-01-27T00:00:00 |
www.business-live.co.uk/b1261e2b689fea7f67de8472493dda79302cd57a8a7bfffb44cfafffbbf64304.json
|
[
"Sign up to FREE email alerts from BusinessLive - Manufacturing Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nConstruction equipment firm JCB is recruiting more than 400 staff at its factories in the UK as it looks to ramp up production.\nLast year it halted output at factories globally in the aftermath of the pandemic.\nHowever, it said that the market for construction equipment has rebounded sharply.\nAs a result it is recruiting in the UK more than 400 additional agency employees in a variety of jobs including assembly, welding and fork lift truck drivers.\nJCB currently has 11 sites in the UK at Wrexham , Derbyshire and Staffordshire, with a total workforce of 6,500.\nGlobally it has 22 factories.\nIt has also confirmed it is giving permanent contracts to up to 300 existing agency employees, including welders, fabricators and CNC machinists.\nJCB chief operating officer Mark Turner said: “In March 2020 our orders dramatically disappeared overnight when the Covid-19 pandemic took hold and while we were able to protect our shop floor workforce, regrettably many staff positions were impacted. It took more than six months for the business to recover to production levels we last saw in March 2020.\n“This year has started strongly and our forecasts predict a continued solid recovery, with strong demand from mainland Europe and North America.\n\"This means we are now in a position to recruit many more shop floor colleagues and offer permanent JCB contracts to a large number of existing agency employees. After a tumultuous 12 months, this really is good news.”\nTo have your say on this story please use our comments section at the top of this article",
"JCB creating 400 jobs at it moves to ramp up production",
"After halting production last year due to the pandemic it said demand for construction equipment has rebounded"
] |
|
[
"Tom Pegden"
] | 2021-01-19T09:39:50 | null | 2021-01-19T09:24:45 |
University is consulting with 145 staff following losses due to the pandemic
|
https%3A%2F%2Fwww.business-live.co.uk%2Fprofessional-services%2Funiversity-leicester-plans-60-job-19653074.json
|
en
| null |
University of Leicester plans 60 job cuts as Covid bites
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - East Midlands Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
Around 60 job cuts are being planned at the University of Leicester following losses due to the pandemic.
The red-brick university has confirmed that almost 150 staff will be included in a 90-day consultation which will start when initial meetings are concluded.
Academic areas affected include arts, business, mathematics, actuarial science and neuroscience, as well as the information and education services departments and estates management.
“One or two” courses could also go as a result.
The university wrote to employees on Monday January 18, to confirm that 145 roles have been placed at risk of redundancy, which could ultimately see 60 fewer employees among its 3,800 staff.
The university started considering cuts in October when it said it was looking to ‘disinvest’ in some areas.
It says the move is in part a response to the coronavirus pandemic which has affected its income from things like halls of residence.
Vice-chancellor Professor Nishan Canagarajah said: “This is not a decision we have taken lightly.
“As an executive team, we have worked hard to limit the changes and will continue to do so over the coming weeks.
“We will also be supporting those who are affected by today’s announcement – through workshops, our employee assistance programme and our health and wellbeing service.
“Should any roles be made redundant, we will redeploy team members where possible and we will launch a significant retraining fund.
“We appreciate this is already a difficult time for many but we also know that we have to take action now to avoid further, larger changes in the future.
“The University of Leicester is a world-leading research and education institution but global competition is fierce and our standing cannot be taken for granted.
“To continue to deliver excellence and to compete on a global level, we must build on our key strengths and we must invest in people and infrastructure.
“We may need to cease activity in a limited a number of areas, options we will be exploring in the consultation process over the next few months.
“It is vital those affected by the changes hear these proposals first-hand before they are discussed more widely, and they have the chance to offer alternative suggestions.”
The university currently runs 900 courses.
|
https://www.business-live.co.uk/professional-services/university-leicester-plans-60-job-19653074
|
en
| 2021-01-19T00:00:00 |
www.business-live.co.uk/a2600f2e520a59bcc8998d0436c881e2171bf091fbfb696bc3f3fcf1f2c6e378.json
|
[
"Sign up to FREE email alerts from BusinessLive - East Midlands Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nAround 60 job cuts are being planned at the University of Leicester following losses due to the pandemic.\nThe red-brick university has confirmed that almost 150 staff will be included in a 90-day consultation which will start when initial meetings are concluded.\nAcademic areas affected include arts, business, mathematics, actuarial science and neuroscience, as well as the information and education services departments and estates management.\n“One or two” courses could also go as a result.\nThe university wrote to employees on Monday January 18, to confirm that 145 roles have been placed at risk of redundancy, which could ultimately see 60 fewer employees among its 3,800 staff.\nThe university started considering cuts in October when it said it was looking to ‘disinvest’ in some areas.\nIt says the move is in part a response to the coronavirus pandemic which has affected its income from things like halls of residence.\nVice-chancellor Professor Nishan Canagarajah said: “This is not a decision we have taken lightly.\n“As an executive team, we have worked hard to limit the changes and will continue to do so over the coming weeks.\n“We will also be supporting those who are affected by today’s announcement – through workshops, our employee assistance programme and our health and wellbeing service.\n“Should any roles be made redundant, we will redeploy team members where possible and we will launch a significant retraining fund.\n“We appreciate this is already a difficult time for many but we also know that we have to take action now to avoid further, larger changes in the future.\n“The University of Leicester is a world-leading research and education institution but global competition is fierce and our standing cannot be taken for granted.\n“To continue to deliver excellence and to compete on a global level, we must build on our key strengths and we must invest in people and infrastructure.\n“We may need to cease activity in a limited a number of areas, options we will be exploring in the consultation process over the next few months.\n“It is vital those affected by the changes hear these proposals first-hand before they are discussed more widely, and they have the chance to offer alternative suggestions.”\nThe university currently runs 900 courses.",
"University of Leicester plans 60 job cuts as Covid bites",
"University is consulting with 145 staff following losses due to the pandemic"
] |
|
[
"William Telford"
] | 2021-01-29T10:07:17 | null | 2021-01-29T09:00:00 |
Firms from Devon, Cornwall, Somerset, Avon, Dorset and Wiltshire are among those hand-picked to boost overseas trade
|
https%3A%2F%2Fwww.business-live.co.uk%2Ftechnology%2Fsw-tech-firms-chosen-government-19719566.json
|
en
| null |
SW tech firms chosen by Government for trade missions to USA, India and Singapore
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - South West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
Almost 50 South West tech companies have been selected to take part in Government-backed trade missions to the USA, India and Singapore.
The Department for International Trade (DIT), in partnership with Business West, has chosen 47 companies in the region for the Tech 4 Good South West, initiative designed to stimulate international growth and expansion.
The virtual trade missions start on March 8, 2021, with firms in Devon, Cornwall, Somerset, Dorset, Avon and Wiltshire taking part.
With the UK being ranked the fifth greatest digital tech services exporter in the world, at £23.3billion in 2019, sitting behind India, the USA, China and Germany, the initiative offers an invaluable opportunity to showcase the tech solutions the UK has to offer.
Who's who on the Tech 4 Good South West trade mission Firms taking part in the Tech 4 Good South West virtual trade missions include: Bitbloom Ltd – Bristol-based firm provides companies across the renewables sector with technical software, services and knowledge. Bristol Braille Technlogy CIC - This firm is building a revolutionary and radically affordable Braille ereader for blind people called Canute. Climateq Ltd - Established in 2010, Bournemouth’s Climateq is a family-owned company and the market leader in low cost, high impact energy-saving air controls. Cyclopic Ltd - This is a Dorchester start-up innovation company that has its roots in developing a groundbreaking electric drive system that operates the centreless wheel. Entec Nutrition Ltd - Founded in 2018, Entec Nutrition (pictured) is a Penryn-based SME that is pioneering the development and adoption of farming insects as a nutritious and sustainable feed source. Scanning Pens - Award-winning Westbury-headquartered assistive technology tools firm, producer ofthe ReaderPen and the ExamReader. ScienceScope Ltd – Education tech company which recently relocated to Downside School just south of Bath. TISCreport.org - The the world’s largest Transparency In Supply Chains platform. Bristol based. Versarien Plc - Advanced manufacturing business, in Cheltenham, which is a globally leading company for graphene R&D and production. 3 SIDED CUBE – Bournemouth firm builds digital platforms with global organizations and movements to make change happen. Createful - Award-winning Bournemouth digital agency. HUG – Employee wellbeing firm helping businesses to understand their teams and build happier, healthier and more productive workplaces. HCI – A care sector partnership with Torbay and South Devon NHS Foundation Trust and using digital resources including video. Made Open – Bristol-based enterprise helping organisations and partnerships around the world build bespoke community platforms and design better services. Pansensic Ltd – Bude firm uses its Hybrid Text Analytics (HTA) platform to provide the capability to extract valuable insight from vast quantities of spoken or written freeform text data generated by consumers Upskill People - An experienced, purpose-driven innovator in the global online learning market. Based in Eastleigh. Value Xd Ltd – Cutting-edge cloud-based analytics platform with ground-breaking analytical technology, modules and applications. Exeter based. Applied Genomics Ltd – Brixham firm delivers environmental DNA-based analysis services for management of biodiversity.
The new Tech 4 Good South West initiative offers selected companies a series of virtual masterclasses, commercial meetings, and networking events, culminating in the opportunity to showcase their technology to key players in the US, India, and Singapore.
Delivered by DIT market specialists Ameeta Virk and Sarah Hildersley, the free export initiative will offer the opportunity for selected companies to understand the tech landscape, develop their export strategy and participate in virtual sales meetings in these fast-growing markets.
The three overseas markets have been selected by DIT’s specialists for the breadth of opportunity each can offer and their marked interest in “tech for good” products.
Jaya Chahrabati, founder of Tiscreport, based in Bristol which provides a digital solution to increase transparency in the supply chain to ensure companies comply with the Modern Slavery Act, said: “Our social enterprise has reached a point where we need global connections to scale our impact. The Tech4Good trade mission programme has come exactly at the right time.
“As a working mum, the virtual missions enable me to fulfil the company’s aspirations whilst also being able to look after my family. This alone makes it one of the most impactful things I can possibly do to further our social mission.”
Ameeta Virk, DIT market specialist for the USA and India and creator of the programme, said: “Having announced the Tech for Good initiative in early September, we were overwhelmed with the high level of interest.
“I've been truly impressed with the sheer number of South West companies who are leading the way in delivering world changing solutions.
How to contact William Telford and Business Live Business Live's South West Business Reporter is William Telford. He is based in Plymouth but covers the entire region. To contact William: Email: [email protected] Phone: 01752 293116 Mob: 07584 594052 Twitter: @WTelfordHerald LinkedIn: www.linkedin.com Facebook: www.facebook.com/william.telford.5473 William has more than a decade's experience reporting on the business scene in Plymouth and the South West. To sign up for Business Live's daily newsletters click here
“I am incredibly proud to have created a programme that will help these businesses move closer to realising their global ambitions.”
Minister for international trade Graham Stuart, who attended the virtual launch of the initiative, said: “Using technology to allow fantastic UK solution providers to help people around the world is an inspiring thing to be part of – even as we negotiate trade deals to cut the barriers to trade.
“The Tech 4 Good South West Initiative uses Government convening power to allow even small tech companies in the South West to reach global markets in a way which, frankly, before the pandemic, might not have been possible.
“We are determined to use every tool we have to help innovative UK firms grow their international sales, help the end customer and create opportunity and jobs in the South West and elsewhere.”
|
https://www.business-live.co.uk/technology/sw-tech-firms-chosen-government-19719566
|
en
| 2021-01-29T00:00:00 |
www.business-live.co.uk/7909f2176e3a19e1db562090ddfb85cd684f737a62ba1e4e1d36d5bfe8f1701d.json
|
[
"Sign up to FREE email alerts from BusinessLive - South West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nAlmost 50 South West tech companies have been selected to take part in Government-backed trade missions to the USA, India and Singapore.\nThe Department for International Trade (DIT), in partnership with Business West, has chosen 47 companies in the region for the Tech 4 Good South West, initiative designed to stimulate international growth and expansion.\nThe virtual trade missions start on March 8, 2021, with firms in Devon, Cornwall, Somerset, Dorset, Avon and Wiltshire taking part.\nWith the UK being ranked the fifth greatest digital tech services exporter in the world, at £23.3billion in 2019, sitting behind India, the USA, China and Germany, the initiative offers an invaluable opportunity to showcase the tech solutions the UK has to offer.\nWho's who on the Tech 4 Good South West trade mission Firms taking part in the Tech 4 Good South West virtual trade missions include: Bitbloom Ltd – Bristol-based firm provides companies across the renewables sector with technical software, services and knowledge. Bristol Braille Technlogy CIC - This firm is building a revolutionary and radically affordable Braille ereader for blind people called Canute. Climateq Ltd - Established in 2010, Bournemouth’s Climateq is a family-owned company and the market leader in low cost, high impact energy-saving air controls. Cyclopic Ltd - This is a Dorchester start-up innovation company that has its roots in developing a groundbreaking electric drive system that operates the centreless wheel. Entec Nutrition Ltd - Founded in 2018, Entec Nutrition (pictured) is a Penryn-based SME that is pioneering the development and adoption of farming insects as a nutritious and sustainable feed source. Scanning Pens - Award-winning Westbury-headquartered assistive technology tools firm, producer ofthe ReaderPen and the ExamReader. ScienceScope Ltd – Education tech company which recently relocated to Downside School just south of Bath. TISCreport.org - The the world’s largest Transparency In Supply Chains platform. Bristol based. Versarien Plc - Advanced manufacturing business, in Cheltenham, which is a globally leading company for graphene R&D and production. 3 SIDED CUBE – Bournemouth firm builds digital platforms with global organizations and movements to make change happen. Createful - Award-winning Bournemouth digital agency. HUG – Employee wellbeing firm helping businesses to understand their teams and build happier, healthier and more productive workplaces. HCI – A care sector partnership with Torbay and South Devon NHS Foundation Trust and using digital resources including video. Made Open – Bristol-based enterprise helping organisations and partnerships around the world build bespoke community platforms and design better services. Pansensic Ltd – Bude firm uses its Hybrid Text Analytics (HTA) platform to provide the capability to extract valuable insight from vast quantities of spoken or written freeform text data generated by consumers Upskill People - An experienced, purpose-driven innovator in the global online learning market. Based in Eastleigh. Value Xd Ltd – Cutting-edge cloud-based analytics platform with ground-breaking analytical technology, modules and applications. Exeter based. Applied Genomics Ltd – Brixham firm delivers environmental DNA-based analysis services for management of biodiversity.\nThe new Tech 4 Good South West initiative offers selected companies a series of virtual masterclasses, commercial meetings, and networking events, culminating in the opportunity to showcase their technology to key players in the US, India, and Singapore.\nDelivered by DIT market specialists Ameeta Virk and Sarah Hildersley, the free export initiative will offer the opportunity for selected companies to understand the tech landscape, develop their export strategy and participate in virtual sales meetings in these fast-growing markets.\nThe three overseas markets have been selected by DIT’s specialists for the breadth of opportunity each can offer and their marked interest in “tech for good” products.\nJaya Chahrabati, founder of Tiscreport, based in Bristol which provides a digital solution to increase transparency in the supply chain to ensure companies comply with the Modern Slavery Act, said: “Our social enterprise has reached a point where we need global connections to scale our impact. The Tech4Good trade mission programme has come exactly at the right time.\n“As a working mum, the virtual missions enable me to fulfil the company’s aspirations whilst also being able to look after my family. This alone makes it one of the most impactful things I can possibly do to further our social mission.”\nAmeeta Virk, DIT market specialist for the USA and India and creator of the programme, said: “Having announced the Tech for Good initiative in early September, we were overwhelmed with the high level of interest.\n“I've been truly impressed with the sheer number of South West companies who are leading the way in delivering world changing solutions.\nHow to contact William Telford and Business Live Business Live's South West Business Reporter is William Telford. He is based in Plymouth but covers the entire region. To contact William: Email: [email protected] Phone: 01752 293116 Mob: 07584 594052 Twitter: @WTelfordHerald LinkedIn: www.linkedin.com Facebook: www.facebook.com/william.telford.5473 William has more than a decade's experience reporting on the business scene in Plymouth and the South West. To sign up for Business Live's daily newsletters click here\n“I am incredibly proud to have created a programme that will help these businesses move closer to realising their global ambitions.”\nMinister for international trade Graham Stuart, who attended the virtual launch of the initiative, said: “Using technology to allow fantastic UK solution providers to help people around the world is an inspiring thing to be part of – even as we negotiate trade deals to cut the barriers to trade.\n“The Tech 4 Good South West Initiative uses Government convening power to allow even small tech companies in the South West to reach global markets in a way which, frankly, before the pandemic, might not have been possible.\n“We are determined to use every tool we have to help innovative UK firms grow their international sales, help the end customer and create opportunity and jobs in the South West and elsewhere.”",
"SW tech firms chosen by Government for trade missions to USA, India and Singapore",
"Firms from Devon, Cornwall, Somerset, Avon, Dorset and Wiltshire are among those hand-picked to boost overseas trade"
] |
|
[
"Tom Houghton"
] | 2021-01-04T15:01:49 | null | 2021-01-04T13:28:25 |
The business is ahead of financial targets for the year
|
https%3A%2F%2Fwww.business-live.co.uk%2Ftechnology%2Fcloud-technology-solutions-reports-record-19559845.json
|
en
| null |
Cloud Technology Solutions reports record year
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - North West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
A Manchester tech firm has reported a record year of sales for its cloud services - with certain revenues soaring be over 200%.
Cloud Technology Solutions (CTS) said demand for its services were up across the board, with the business ahead of financial targets for the year.
A particular success was its Google Cloud Platform (GCP), for which revenues were up 213% in 2020.
CTS, which is Europe’s largest dedicated Google Cloud partner, reported the strongest growth from customers in public sector organisations and retail, enjoying an 80% and 100% increase in project enquiries from businesses in both sectors, respectively.
CTS said its success has been amplified by increased demand during the pandemic, with companies urgently reviewing collaboration and communications tools - which drove further adoption of Google Workspace.
In addition, its customers also pushed to modernise their IT infrastructure to reduce cost and risk, and in many cases to become more data driven.
Sign up for your free BusinessLive North West newsletter BusinessLive is your home for business news from around the North West- and you can stay in touch with all the latest news from Greater Manchester, Liverpool City Region, Cheshire, Lancashire and Cumbria through our email alerts. You can sign up to receive daily morning news bulletins from every region we cover and to weekly email bulletins covering key economic sectors from manufacturing to technology and enterprise. And we'll send out breaking news alerts for any stories we think you can't miss. By bringing together North West coverage with that from across Reach’s titles in England and Wales, BusinessLive will shine a spotlight on the entrepreneurs, the stars of the future and the small firms that are the backbone of our economy. Visit our email preference centre to sign up to all the latest news from BusinessLive.
That meant CTS celebrating various new business wins, including Village Hotels, South East Water and Haymarket.
The tech firm has also increased its headcount by more than 10% since the beginning of the year, which includes the appointment of new COO, Chris Bunch, who joined in November from Cloudreach.
CTS also hired and trained eight new graduates in the summer to support its public sector projects.
Tom Ray, managing director at CTS, said: “When we first went into lockdown, like most other businesses in our industry, we were initially quite cautious about the year ahead.
“As it became apparent lockdown was going to last longer than three weeks, our customers quickly realised how important cloud technology and data analytics would be for their businesses, to help them through the pandemic.
“We saw a real spike in demand from June onwards from customers wanting to undertake data projects. Organisations were increasingly looking to get under the skin of their business to understand what their key drivers were, to ultimately help them make more informed and strategic decisions.”
CTS’s sister company, CloudM, is also ending 2020 on a high, having completed 50 million cloud migrations this year.
Mr Ray added: “As we move into 2021, our focuses are to double down on our work transformation strategy with Google Workspaces, including partnership development with CloudM and Okta; enable our customers to become more data driven with GCP and Looker; and spark customer initiatives to modernise their IT infrastructure so that they can really look at IT as a value provider rather than a cost.
"We believe that CTS and Google Cloud are uniquely positioned to do this next year.”
|
https://www.business-live.co.uk/technology/cloud-technology-solutions-reports-record-19559845
|
en
| 2021-01-04T00:00:00 |
www.business-live.co.uk/9ca707c2ab0482a12b4b992d7c67e9b92916b87350d1d0a500ff3214eff41f67.json
|
[
"Sign up to FREE email alerts from BusinessLive - North West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nA Manchester tech firm has reported a record year of sales for its cloud services - with certain revenues soaring be over 200%.\nCloud Technology Solutions (CTS) said demand for its services were up across the board, with the business ahead of financial targets for the year.\nA particular success was its Google Cloud Platform (GCP), for which revenues were up 213% in 2020.\nCTS, which is Europe’s largest dedicated Google Cloud partner, reported the strongest growth from customers in public sector organisations and retail, enjoying an 80% and 100% increase in project enquiries from businesses in both sectors, respectively.\nCTS said its success has been amplified by increased demand during the pandemic, with companies urgently reviewing collaboration and communications tools - which drove further adoption of Google Workspace.\nIn addition, its customers also pushed to modernise their IT infrastructure to reduce cost and risk, and in many cases to become more data driven.\nSign up for your free BusinessLive North West newsletter BusinessLive is your home for business news from around the North West- and you can stay in touch with all the latest news from Greater Manchester, Liverpool City Region, Cheshire, Lancashire and Cumbria through our email alerts. You can sign up to receive daily morning news bulletins from every region we cover and to weekly email bulletins covering key economic sectors from manufacturing to technology and enterprise. And we'll send out breaking news alerts for any stories we think you can't miss. By bringing together North West coverage with that from across Reach’s titles in England and Wales, BusinessLive will shine a spotlight on the entrepreneurs, the stars of the future and the small firms that are the backbone of our economy. Visit our email preference centre to sign up to all the latest news from BusinessLive.\nThat meant CTS celebrating various new business wins, including Village Hotels, South East Water and Haymarket.\nThe tech firm has also increased its headcount by more than 10% since the beginning of the year, which includes the appointment of new COO, Chris Bunch, who joined in November from Cloudreach.\nCTS also hired and trained eight new graduates in the summer to support its public sector projects.\nTom Ray, managing director at CTS, said: “When we first went into lockdown, like most other businesses in our industry, we were initially quite cautious about the year ahead.\n“As it became apparent lockdown was going to last longer than three weeks, our customers quickly realised how important cloud technology and data analytics would be for their businesses, to help them through the pandemic.\n“We saw a real spike in demand from June onwards from customers wanting to undertake data projects. Organisations were increasingly looking to get under the skin of their business to understand what their key drivers were, to ultimately help them make more informed and strategic decisions.”\nCTS’s sister company, CloudM, is also ending 2020 on a high, having completed 50 million cloud migrations this year.\nMr Ray added: “As we move into 2021, our focuses are to double down on our work transformation strategy with Google Workspaces, including partnership development with CloudM and Okta; enable our customers to become more data driven with GCP and Looker; and spark customer initiatives to modernise their IT infrastructure so that they can really look at IT as a value provider rather than a cost.\n\"We believe that CTS and Google Cloud are uniquely positioned to do this next year.”",
"Cloud Technology Solutions reports record year",
"The business is ahead of financial targets for the year"
] |
|
[
"David Laister",
"Image",
"Jon Corken Grimsbylive"
] | 2021-01-06T13:29:32 | null | 2021-01-06T13:17:46 |
Japanese giant Nissui bought the Grimsby family business in 2019 as huge investment to supply tier one retailer materialised
|
https%3A%2F%2Fwww.business-live.co.uk%2Fmanufacturing%2Fsales-hit-20m-waitrose-seafood-19572750.json
|
en
| null |
Sales hit £20m for Waitrose seafood supplier Flatfish as volumes flourish in sale year
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - Yorkshire & Humber Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
Sales soared at Waitrose supplying Flatfish in the year when Japanese giant Nissui bought 75 per cent of the Grimsby seafood processing business.
The company’s elongated financial year saw turnover top £20 million from £11.5 million, with like-for-like sales up more than 41 per cent.
Losses were also slimmed back despite significant investments in the expanded facility and a transfer of business from new sister company Caistor Seafoods. The Stirling Street operation returned a net loss of £341,000, down from £573,000 in 2018.
Signing off the recently published strategic report, director Steven Stansfield said a turnaround was underway after major physical expansion of the award-winning business.
He said: “The company saw a growth in sales during the period as a result of the development of its tier one retail relationships and new product development which was further enhanced by significant capital investment, including the development of a new multi-million pound factory and transfer of business from a sister group company under a trade and asset transfer arrangement.
“During the year the company became part of the Nissui group following the acquisition of 75 per cent of the issued share capital. The strategy agreed between the company and Nissui is to retain the family values which have been fundamental to the historic success of the company and as such, the day-to-day operational and strategic decision making continues to rest with its CEO and previous owners who have retained a 25 per cent interest.
(Image: Jon Corken/GrimsbyLive)
“The business is pursuing a strategy of strengthening current customer relationships whilst also exploring growth opportunities. The primary focus across the business is to drive the profitability of the company through cost efficiency, cost control and targeted investment which will provide a platform of stable profitability from which the business can grow.”
Fisheries Minister Robert Goodwill visited the plant when the doubling of the 40-year-old firm’s footprint was revealed.
Neighbouring business units to the off-dock facility were acquired in 2015, gutted and transformed into state-of-the-art food processing operations in a £2.5 million addition.
Seven more staff were added in the period, taking the employee numbers from 58 to 65.
Mr Stansfield told how Covid-19 was having a limited financial impact on the company, with the expectation that Flatfish will now return to profitability, adding sureties had been given by Nissui should finance be required.
|
https://www.business-live.co.uk/manufacturing/sales-hit-20m-waitrose-seafood-19572750
|
en
| 2021-01-06T00:00:00 |
www.business-live.co.uk/51e3e6220ae4946debceffc012ad735c9eb52a56e7d66e80ecd8ae531a02f0ab.json
|
[
"Sign up to FREE email alerts from BusinessLive - Yorkshire & Humber Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nSales soared at Waitrose supplying Flatfish in the year when Japanese giant Nissui bought 75 per cent of the Grimsby seafood processing business.\nThe company’s elongated financial year saw turnover top £20 million from £11.5 million, with like-for-like sales up more than 41 per cent.\nLosses were also slimmed back despite significant investments in the expanded facility and a transfer of business from new sister company Caistor Seafoods. The Stirling Street operation returned a net loss of £341,000, down from £573,000 in 2018.\nSigning off the recently published strategic report, director Steven Stansfield said a turnaround was underway after major physical expansion of the award-winning business.\nHe said: “The company saw a growth in sales during the period as a result of the development of its tier one retail relationships and new product development which was further enhanced by significant capital investment, including the development of a new multi-million pound factory and transfer of business from a sister group company under a trade and asset transfer arrangement.\n“During the year the company became part of the Nissui group following the acquisition of 75 per cent of the issued share capital. The strategy agreed between the company and Nissui is to retain the family values which have been fundamental to the historic success of the company and as such, the day-to-day operational and strategic decision making continues to rest with its CEO and previous owners who have retained a 25 per cent interest.\n(Image: Jon Corken/GrimsbyLive)\n“The business is pursuing a strategy of strengthening current customer relationships whilst also exploring growth opportunities. The primary focus across the business is to drive the profitability of the company through cost efficiency, cost control and targeted investment which will provide a platform of stable profitability from which the business can grow.”\nFisheries Minister Robert Goodwill visited the plant when the doubling of the 40-year-old firm’s footprint was revealed.\nNeighbouring business units to the off-dock facility were acquired in 2015, gutted and transformed into state-of-the-art food processing operations in a £2.5 million addition.\nSeven more staff were added in the period, taking the employee numbers from 58 to 65.\nMr Stansfield told how Covid-19 was having a limited financial impact on the company, with the expectation that Flatfish will now return to profitability, adding sureties had been given by Nissui should finance be required.",
"Sales hit £20m for Waitrose seafood supplier Flatfish as volumes flourish in sale year",
"Japanese giant Nissui bought the Grimsby family business in 2019 as huge investment to supply tier one retailer materialised"
] |
|
[
"Tom Houghton"
] | 2021-01-11T13:54:34 | null | 2021-01-11T13:40:14 |
Proposals include a new riverside leisure and culture area with space for independent businesses, shops, cafe bars and delis
|
https%3A%2F%2Fwww.business-live.co.uk%2Feconomic-development%2Fplans-60m-stockport-weir-mill-19602968.json
|
en
| null |
Plans in for £60m Stockport Weir Mill development as exciting images of mixed use scheme revealed
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - North West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
Plans have been submitted for Capital & Centric's Stockport Weir Mill project, with the developer having unveiled exciting new images of how the scheme is set to look.
The £60m project in Stockport town centre will be for 253 apartments across the existing Weir Mill, and two new design-led buildings alongside 24,000 sq ft of commercial space.
It's hoped to become a new leisure and culture destination for the area, and follows a two-stage public consultation, which the developer said saw "overwhelming support" for the plans.
The plans will provide a new riverside location, with spaces for independent businesses such as shops, cafe-bars or delis, including a new public space looking out across the River Mersey with views of the town’s viaduct.
Weavers Square will become the heart of the scheme - with the old cast iron columns of Weavers Shed retained for street markets, DJ sets, live music events and pop ups.
With exposed brick, vaulted arches and cast iron columns, the West Shed is hoped to become a relaxed and flexible co-working and hang out space.
Adam Higgins, co-founder of Capital & Centric, said: “This is the future of our town centres. Dynamic and progressive towns like Stockport will be full of residents. We’re creating a mini-city eco system of café bars, delis, coworking spaces, gyms and everything else in between.
“We were made up by how many people took part in the consultation and following the feedback, and the impact of the pandemic, we’re proposing even more outdoor space with balconies on some of the apartments and a roof terrace for residents, in addition to the public open spaces.
Sign up for your free BusinessLive North West newsletter BusinessLive is your home for business news from around the North West- and you can stay in touch with all the latest news from Greater Manchester, Liverpool City Region, Cheshire, Lancashire and Cumbria through our email alerts. You can sign up to receive daily morning news bulletins from every region we cover and to weekly email bulletins covering key economic sectors from manufacturing to technology and enterprise. And we'll send out breaking news alerts for any stories we think you can't miss. By bringing together North West coverage with that from across Reach’s titles in England and Wales, BusinessLive will shine a spotlight on the entrepreneurs, the stars of the future and the small firms that are the backbone of our economy. Visit our email preference centre to sign up to all the latest news from BusinessLive.
“Providing a new access to the Mersey this will be a place for riverside chilling in the evening sun or some fine dining in the restored wheel house overlooking the water.
"The West Shed will be a new chilled space to take your laptop, grab a coffee and while away the day or even use it as a first class lounge for Stockport train station nearby.
"We think it’ll set the standard for town centre communities and take on the cities when it comes to where people choose to live.”
The plans are part of the £1bn town centre regeneration plans being delivered by Stockport’s Mayoral Development Corporation, and will regenerate the existing mills that have fallen into disrepair.
A decision on the application is expected from Stockport Council in spring. If approved, the developer said construction will take around two years.
Stockport Council leader, Councillor Elise Wilson said: “The Weir Mill site is a key part of our Town Centre West regeneration plans and ambition to create the newest, coolest, and greenest urban neighbourhood in Greater Manchester.
"It’s fantastic to start the year with Weir Mill reaching this key milestone as we look towards driving the post-pandemic recovery of our town.”
|
https://www.business-live.co.uk/economic-development/plans-60m-stockport-weir-mill-19602968
|
en
| 2021-01-11T00:00:00 |
www.business-live.co.uk/fea65c3ce29a0008c0fce7a70ffc3c9b9362b2c6b2fb3533da72deeb9cd45fbc.json
|
[
"Sign up to FREE email alerts from BusinessLive - North West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nPlans have been submitted for Capital & Centric's Stockport Weir Mill project, with the developer having unveiled exciting new images of how the scheme is set to look.\nThe £60m project in Stockport town centre will be for 253 apartments across the existing Weir Mill, and two new design-led buildings alongside 24,000 sq ft of commercial space.\nIt's hoped to become a new leisure and culture destination for the area, and follows a two-stage public consultation, which the developer said saw \"overwhelming support\" for the plans.\nThe plans will provide a new riverside location, with spaces for independent businesses such as shops, cafe-bars or delis, including a new public space looking out across the River Mersey with views of the town’s viaduct.\nWeavers Square will become the heart of the scheme - with the old cast iron columns of Weavers Shed retained for street markets, DJ sets, live music events and pop ups.\nWith exposed brick, vaulted arches and cast iron columns, the West Shed is hoped to become a relaxed and flexible co-working and hang out space.\nAdam Higgins, co-founder of Capital & Centric, said: “This is the future of our town centres. Dynamic and progressive towns like Stockport will be full of residents. We’re creating a mini-city eco system of café bars, delis, coworking spaces, gyms and everything else in between.\n“We were made up by how many people took part in the consultation and following the feedback, and the impact of the pandemic, we’re proposing even more outdoor space with balconies on some of the apartments and a roof terrace for residents, in addition to the public open spaces.\nSign up for your free BusinessLive North West newsletter BusinessLive is your home for business news from around the North West- and you can stay in touch with all the latest news from Greater Manchester, Liverpool City Region, Cheshire, Lancashire and Cumbria through our email alerts. You can sign up to receive daily morning news bulletins from every region we cover and to weekly email bulletins covering key economic sectors from manufacturing to technology and enterprise. And we'll send out breaking news alerts for any stories we think you can't miss. By bringing together North West coverage with that from across Reach’s titles in England and Wales, BusinessLive will shine a spotlight on the entrepreneurs, the stars of the future and the small firms that are the backbone of our economy. Visit our email preference centre to sign up to all the latest news from BusinessLive.\n“Providing a new access to the Mersey this will be a place for riverside chilling in the evening sun or some fine dining in the restored wheel house overlooking the water.\n\"The West Shed will be a new chilled space to take your laptop, grab a coffee and while away the day or even use it as a first class lounge for Stockport train station nearby.\n\"We think it’ll set the standard for town centre communities and take on the cities when it comes to where people choose to live.”\nThe plans are part of the £1bn town centre regeneration plans being delivered by Stockport’s Mayoral Development Corporation, and will regenerate the existing mills that have fallen into disrepair.\nA decision on the application is expected from Stockport Council in spring. If approved, the developer said construction will take around two years.\nStockport Council leader, Councillor Elise Wilson said: “The Weir Mill site is a key part of our Town Centre West regeneration plans and ambition to create the newest, coolest, and greenest urban neighbourhood in Greater Manchester.\n\"It’s fantastic to start the year with Weir Mill reaching this key milestone as we look towards driving the post-pandemic recovery of our town.”",
"Plans in for £60m Stockport Weir Mill development as exciting images of mixed use scheme revealed",
"Proposals include a new riverside leisure and culture area with space for independent businesses, shops, cafe bars and delis"
] |
|
[
"Tom Houghton",
"Image",
"Patricia Niland"
] | 2021-01-05T15:55:54 | null | 2021-01-05T14:40:32 |
The Liverpool-based firm known for its tinned meat, fruit, pies, chopped tomatoes and dried pasta, said profits had doubled
|
https%3A%2F%2Fwww.business-live.co.uk%2Fmanufacturing%2Fprinces-announces-soaring-profits-firm-19566644.json
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en
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Princes announces soaring profits as firm says Covid impact has been 'positive' for business
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - North West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
International food giant Princes has said the impact of the coronavirus pandemic on business has been "positive" after its annual results revealed profits had soared.
The Liverpool-based company, known for its tinned meat, fruit, pies, chopped tomatoes and dried pasta, reported operating profits up to £33.1m from £15m last year, with turnover at £1.533bn, up from last year's £1.519bn.
Although the figures were for the year ended March 31, 2020, a period only covering early on in the pandemic, the group - whose headquarters are the Royal Liver Building - also gave several indications to how business had been for the rest of the year.
Under the headline of 'future developments' in the results document released on Companies House, it said: "The directors have fully evaluated the effect of the Covid-19 pandemic on the business; revised forecasts have been prepared and presented to the board with the initial impact being positive on the whole.
"Although there are some switches in product sales mixes, demand for Princes products on the whole has significantly increased as a result of the lockdown measures put in place by the Government.
(Image: Patricia Niland)
"These lockdown measures have meant consumers are buying more and also consuming more as almost all meals are now prepared in home."
In terms of the impact of Brexit, the document said the firm "continues to assess" the impact of the decision - and is "executing a comprehensive engagement plan which covers both industry and political stakeholders".
Cameron Mackintosh, managing director of Princes, said the positive figures released on Tuesday were the result of a new strategic plan introduced three years ago to ensure the firm could "operate efficiently and compete in the market place of the future".
Mr Mackintosh said: “It is clear from these results that plan is proving successful. The business has redefined how it approaches challenges and opportunities presented by the rapidly changing food and drink industry, and we are innovating as a consumer-first food and drink business. This strategy has become even more pertinent as a result of the coronavirus pandemic.
"Whilst these results only include a very brief period of lockdown, it is a point of pride as to how my colleagues and the business has continued to progress, whilst being readily focused on feeding the nation despite untold pressures across our supply chains and production facilities.
“We will continue to deliver sustainable and impressive profit growth, whilst achieving our vision of proudly helping families to eat well without costing the earth.”
Princes was founded in Liverpool in 1880 as Simpson & Roberts. In 1989 it was taken over by Japanese giant Mitubishi, since then it has bought brands from Napolina to Aqua Pura.
The firm employs 470 people in Liverpool, over 2,000 across the UK, and around 7,000 globally.
|
https://www.business-live.co.uk/manufacturing/princes-announces-soaring-profits-firm-19566644
|
en
| 2021-01-05T00:00:00 |
www.business-live.co.uk/733326a42bb325ec48a09842b9338a97ee2bae7bf5191b55ee2f19331ba5b0be.json
|
[
"Sign up to FREE email alerts from BusinessLive - North West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nInternational food giant Princes has said the impact of the coronavirus pandemic on business has been \"positive\" after its annual results revealed profits had soared.\nThe Liverpool-based company, known for its tinned meat, fruit, pies, chopped tomatoes and dried pasta, reported operating profits up to £33.1m from £15m last year, with turnover at £1.533bn, up from last year's £1.519bn.\nAlthough the figures were for the year ended March 31, 2020, a period only covering early on in the pandemic, the group - whose headquarters are the Royal Liver Building - also gave several indications to how business had been for the rest of the year.\nUnder the headline of 'future developments' in the results document released on Companies House, it said: \"The directors have fully evaluated the effect of the Covid-19 pandemic on the business; revised forecasts have been prepared and presented to the board with the initial impact being positive on the whole.\n\"Although there are some switches in product sales mixes, demand for Princes products on the whole has significantly increased as a result of the lockdown measures put in place by the Government.\n(Image: Patricia Niland)\n\"These lockdown measures have meant consumers are buying more and also consuming more as almost all meals are now prepared in home.\"\nIn terms of the impact of Brexit, the document said the firm \"continues to assess\" the impact of the decision - and is \"executing a comprehensive engagement plan which covers both industry and political stakeholders\".\nCameron Mackintosh, managing director of Princes, said the positive figures released on Tuesday were the result of a new strategic plan introduced three years ago to ensure the firm could \"operate efficiently and compete in the market place of the future\".\nMr Mackintosh said: “It is clear from these results that plan is proving successful. The business has redefined how it approaches challenges and opportunities presented by the rapidly changing food and drink industry, and we are innovating as a consumer-first food and drink business. This strategy has become even more pertinent as a result of the coronavirus pandemic.\n\"Whilst these results only include a very brief period of lockdown, it is a point of pride as to how my colleagues and the business has continued to progress, whilst being readily focused on feeding the nation despite untold pressures across our supply chains and production facilities.\n“We will continue to deliver sustainable and impressive profit growth, whilst achieving our vision of proudly helping families to eat well without costing the earth.”\nPrinces was founded in Liverpool in 1880 as Simpson & Roberts. In 1989 it was taken over by Japanese giant Mitubishi, since then it has bought brands from Napolina to Aqua Pura.\nThe firm employs 470 people in Liverpool, over 2,000 across the UK, and around 7,000 globally.",
"Princes announces soaring profits as firm says Covid impact has been 'positive' for business",
"The Liverpool-based firm known for its tinned meat, fruit, pies, chopped tomatoes and dried pasta, said profits had doubled"
] |
|
[
"Coreena Ford",
"Image",
"Hart Door Systems"
] | 2021-01-02T09:19:45 | null | 2021-01-02T09:00:00 |
Hart Door Systems has won contracts in Kenya, Russia, Hong Kong, Kuwait and Finland
|
https%3A%2F%2Fwww.business-live.co.uk%2Fmanufacturing%2Ftyneside-engineers-hart-door-systems-19549095.json
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en
| null |
Tyneside engineers Hart door Systems toast best year for exports in 75-year history
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - North East Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
Tyneside engineering company Hart Door Systems has declared 2020 as its best year for exports in its 75-year history.
Based in Westerhope, Newcastle, the firm designs and manufacturers commercial and industrial doors and its products can now be found in more than 35 countries worldwide.
Recent contracts include two projects at the Shimanzi port, Mombasa, Kenya, with further contracts for Helsinki International Airport, Finland and for multi-door orders for Russia, Hong Kong and Kuwait.
Managing director Nick Hart said: “I can confirm that we have had an extraordinary 2020 but to be clear we have always had a strong export market which runs side by side with our UK business.
“In addition to several UK contracts at rail depots and energy-from-waste plants for example, we have door systems operating at over 40 international airports ranging from Vladivostok to Tashkent, to the Seychelles, the Falklands, Campinas, Sao Paulo State, Brazil and Jeddah in the Middle East.
“So the mix of UK work and exports works very well. Despite the pandemic, development and investment is still taking place and with our connections to important sectors on a global basis we are in a good place. These latest contracts are very welcome and a boost for a hard-working team.
“There is uncertainty in the air due to Covid-19 and Brexit but despite that we have worked hard on all management aspects of the business to be inclusive and proactive. We are determined to take every opportunity available to us.”
The firm’s recent wins include a contact to supply its Speedor Storm high-speed doors and swing gates at Moscow’s first two energy-from-waste sites.
Hart Door Systems was commissioned by Hitachi Zosen Inova to provide 11 doors which have been installed at each of the plant’s tipping bays, as well as 11 swing gates to act as an additional safety measure.
In October it also further boosted its export credentials after signing an agreement with a Hong Kong distributor, a partnership which has proven invaluable during Covid-19 and contributed to Hart remaining open and continuing production throughout the pandemic.
It completed distribution agreement with AUB Ltd, providing specialist door access solutions in Hong Kong and Macau.
The partnership with AUB began when chairman Doug Hart visited Hong Kong in 2019, which showed there was a need for typhoon grade roller shutters which can withstand extreme weather conditions for facilities with large openings in exposed locations.
Mr Hart added: “I was caught in the middle of a typhoon in Hong Kong, which prompted discussions with Andreas Brechbuhl, managing director at AUB Ltd. We realised the great opportunities for such a product, so when I returned to the UK, I immediately deliberated with the Hart design team and came up with this new product, the Typhoon Shutter.
“The exceptionally strong winds in the region have given the Typhoon door a great platform and this is one of AUB’s key markets.”
Hart has since supplied 21 typhoon resistant shutters for the Terminal 1 Remote Transfer Facility and Midfield Baggage Hall for Hong Kong International Airport, seven SR4 shutters for the Hong Kong Central Government and nine SR3 rated security shutters for the Hong Kong Palace Museum.
|
https://www.business-live.co.uk/manufacturing/tyneside-engineers-hart-door-systems-19549095
|
en
| 2021-01-02T00:00:00 |
www.business-live.co.uk/2e324cee02af28150ed10fe3ab5e3b14fe90a5971b02396416a27bed477d62f8.json
|
[
"Sign up to FREE email alerts from BusinessLive - North East Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nTyneside engineering company Hart Door Systems has declared 2020 as its best year for exports in its 75-year history.\nBased in Westerhope, Newcastle, the firm designs and manufacturers commercial and industrial doors and its products can now be found in more than 35 countries worldwide.\nRecent contracts include two projects at the Shimanzi port, Mombasa, Kenya, with further contracts for Helsinki International Airport, Finland and for multi-door orders for Russia, Hong Kong and Kuwait.\nManaging director Nick Hart said: “I can confirm that we have had an extraordinary 2020 but to be clear we have always had a strong export market which runs side by side with our UK business.\n“In addition to several UK contracts at rail depots and energy-from-waste plants for example, we have door systems operating at over 40 international airports ranging from Vladivostok to Tashkent, to the Seychelles, the Falklands, Campinas, Sao Paulo State, Brazil and Jeddah in the Middle East.\n“So the mix of UK work and exports works very well. Despite the pandemic, development and investment is still taking place and with our connections to important sectors on a global basis we are in a good place. These latest contracts are very welcome and a boost for a hard-working team.\n“There is uncertainty in the air due to Covid-19 and Brexit but despite that we have worked hard on all management aspects of the business to be inclusive and proactive. We are determined to take every opportunity available to us.”\nThe firm’s recent wins include a contact to supply its Speedor Storm high-speed doors and swing gates at Moscow’s first two energy-from-waste sites.\nHart Door Systems was commissioned by Hitachi Zosen Inova to provide 11 doors which have been installed at each of the plant’s tipping bays, as well as 11 swing gates to act as an additional safety measure.\nIn October it also further boosted its export credentials after signing an agreement with a Hong Kong distributor, a partnership which has proven invaluable during Covid-19 and contributed to Hart remaining open and continuing production throughout the pandemic.\nIt completed distribution agreement with AUB Ltd, providing specialist door access solutions in Hong Kong and Macau.\nThe partnership with AUB began when chairman Doug Hart visited Hong Kong in 2019, which showed there was a need for typhoon grade roller shutters which can withstand extreme weather conditions for facilities with large openings in exposed locations.\nMr Hart added: “I was caught in the middle of a typhoon in Hong Kong, which prompted discussions with Andreas Brechbuhl, managing director at AUB Ltd. We realised the great opportunities for such a product, so when I returned to the UK, I immediately deliberated with the Hart design team and came up with this new product, the Typhoon Shutter.\n“The exceptionally strong winds in the region have given the Typhoon door a great platform and this is one of AUB’s key markets.”\nHart has since supplied 21 typhoon resistant shutters for the Terminal 1 Remote Transfer Facility and Midfield Baggage Hall for Hong Kong International Airport, seven SR4 shutters for the Hong Kong Central Government and nine SR3 rated security shutters for the Hong Kong Palace Museum.",
"Tyneside engineers Hart door Systems toast best year for exports in 75-year history",
"Hart Door Systems has won contracts in Kenya, Russia, Hong Kong, Kuwait and Finland"
] |
|
[
"Sion Barry"
] | 2021-01-28T15:42:07 | null | 2021-01-28T14:46:48 |
The Future Fund has backed 1055 firms in UK with just over £1bn
|
https%3A%2F%2Fwww.business-live.co.uk%2Fprofessional-services%2Fbanking-finance%2Flondon-south-east-england-take-19719460.json
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en
| null |
London and South East of England take lion's share of Future Fund backing
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - Professional Services Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
The UK Government's Covid-19 response Future Fund has backed more than 1,000 innovative firms across the UK with a total approved investment of £1bn.
The fund, which is managed by the UK Government’s economic development bank, the British Business Bank, was launched in response to the economic fallout from the pandemic last May, initially with £250m.
To date 1,055 companies have had approval for £1.06bn worth of convertible loan agreements, where the debt can be covered into equity.
Firms in London have dominated the fund with 606 companies sharing around 64% of the total funding at £646.8m.
When adding the south east of England the number of firms swells to 728 and on value to just over £777m of the total.
The fund, which close for applications on January 31, has been targeted at non listed growth focus firms, many in the tech sector, to get through to their next investment round.
It provides funding ranging from £125,000 to £5m. Funding provided has to be matched from private investors. It also requires being recipient of a previous equity investment round of at least £250,000.
In Wales 16 firms have received backing with a total value of £8.7m. Recipients include Monmoutshire-based Riversimple which is looking to move to the mass production phase for its hydrogen fuel cell powered vehicles.
On value Scotland has had the lowest total funding (19 firms) with £7m. For Northern Ireland its 11 recipient firms have received £11.8m.
Enterprise academic Prof Dylan Jones-Evans said: "Whilst this intervention from the Treasury to support innovative firms is to be welcomed, it has largely benefited tech firms in more prosperous parts of the UK rather than those in the nations and regions.
"If the UK Government is serious about levelling up, then it must look to encourage and stimulate greater support outside of London and SE England.
"And if London is the venture capital 'capital' of the world then why does it need the UK Government to de-risk deals through this fund."
Some 77% of funding has been approved companies with mixed gender senior management teams.
Since the launch of the Future Fund more than 30 venture capital firms and angel groups have become signatories to the UK Government’s investing in women code, alongside the Future Fund.
Black, Asian and Minority Ethnic (BAME) only and mixed ethnicity management teams account for 63% of funding to companies, worth £617.4m.
|
https://www.business-live.co.uk/professional-services/banking-finance/london-south-east-england-take-19719460
|
en
| 2021-01-28T00:00:00 |
www.business-live.co.uk/72267ec8a51d6689668053dc724f021494284acb51198c53b0857d0c9da4a84b.json
|
[
"Sign up to FREE email alerts from BusinessLive - Professional Services Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nThe UK Government's Covid-19 response Future Fund has backed more than 1,000 innovative firms across the UK with a total approved investment of £1bn.\nThe fund, which is managed by the UK Government’s economic development bank, the British Business Bank, was launched in response to the economic fallout from the pandemic last May, initially with £250m.\nTo date 1,055 companies have had approval for £1.06bn worth of convertible loan agreements, where the debt can be covered into equity.\nFirms in London have dominated the fund with 606 companies sharing around 64% of the total funding at £646.8m.\nWhen adding the south east of England the number of firms swells to 728 and on value to just over £777m of the total.\nThe fund, which close for applications on January 31, has been targeted at non listed growth focus firms, many in the tech sector, to get through to their next investment round.\nIt provides funding ranging from £125,000 to £5m. Funding provided has to be matched from private investors. It also requires being recipient of a previous equity investment round of at least £250,000.\nIn Wales 16 firms have received backing with a total value of £8.7m. Recipients include Monmoutshire-based Riversimple which is looking to move to the mass production phase for its hydrogen fuel cell powered vehicles.\nOn value Scotland has had the lowest total funding (19 firms) with £7m. For Northern Ireland its 11 recipient firms have received £11.8m.\nEnterprise academic Prof Dylan Jones-Evans said: \"Whilst this intervention from the Treasury to support innovative firms is to be welcomed, it has largely benefited tech firms in more prosperous parts of the UK rather than those in the nations and regions.\n\"If the UK Government is serious about levelling up, then it must look to encourage and stimulate greater support outside of London and SE England.\n\"And if London is the venture capital 'capital' of the world then why does it need the UK Government to de-risk deals through this fund.\"\nSome 77% of funding has been approved companies with mixed gender senior management teams.\nSince the launch of the Future Fund more than 30 venture capital firms and angel groups have become signatories to the UK Government’s investing in women code, alongside the Future Fund.\nBlack, Asian and Minority Ethnic (BAME) only and mixed ethnicity management teams account for 63% of funding to companies, worth £617.4m.",
"London and South East of England take lion's share of Future Fund backing",
"The Future Fund has backed 1055 firms in UK with just over £1bn"
] |
|
[
"Tom Houghton",
"Image",
"Jay Cain Photographer",
"Mandy Jones"
] | 2021-01-04T11:27:05 | null | 2021-01-04T11:15:52 |
The firm has doubled its workforce, and is now ready for further growth
|
https%3A%2F%2Fwww.business-live.co.uk%2Fleads-deals%2Fanwyl-homes-lancashire-more-double-19558525.json
|
en
| null |
Anwyl Homes Lancashire to more than double number of houses it builds this year
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - North West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
A North West housing business says it is on track to more than double the number of homes it builds this year.
Anwyl Homes Lancashire is to complete almost 200 homes in the financial year to September 30 compared with last year's 90.
John Grime, who is managing director of the firm based at Buckshaw Village in Chorley, said: “Hugely in our favour is the fact that we have already secured the land and planning consent to deliver our 2021 targets – and beyond.
“And, while last year’s figures were impacted by the Covid pandemic and having to employ social distancing measures on site, we’ve since been experiencing pent-up demand from people wanting to move and both interest and sales have been strong.
“Across the region we have a healthy forward order book and, in recent months, have commenced work at several new developments, including Lawrence Gardens, in Barton, Priory Gardens, in Burscough, and Winnington Place, in Winnington, Cheshire.”
Part of North Wales-headquartered Anwyl Homes, the business is now active at eight locations in Lancashire, Merseyside and Cheshire.
Sign up for your free BusinessLive North West newsletter BusinessLive is your home for business news from around the North West- and you can stay in touch with all the latest news from Greater Manchester, Liverpool City Region, Cheshire, Lancashire and Cumbria through our email alerts. You can sign up to receive daily morning news bulletins from every region we cover and to weekly email bulletins covering key economic sectors from manufacturing to technology and enterprise. And we'll send out breaking news alerts for any stories we think you can't miss. By bringing together North West coverage with that from across Reach’s titles in England and Wales, BusinessLive will shine a spotlight on the entrepreneurs, the stars of the future and the small firms that are the backbone of our economy. Visit our email preference centre to sign up to all the latest news from BusinessLive.
Anwyl said that most recently, it’s launched off-plan sales at Priory Gardens, in Burscough, West Lancashire, where eventually there will be 267 new homes.
The first of 72 new homes being sold at Lawrence Gardens, in Barton – between Preston and Garstang – will be ready to move into in spring 2021.
(Image: Mandy Jones)
Meanwhile, demolition of old industrial units and preparation of roads and sewers are "well advanced" at Winnington Place, near Northwich, where construction will start early 2021 on the first of approximately 250 planned new homes.
Anwyl also has ongoing developments in Fulwood and Longridge, Lancashire, and St Helens, Liverpool and Prescot in Merseyside.
Carr’s Rise in Prescot was Anwyl Homes Lancashire’s first development, launched in 2018, and the last of the 119 properties was recently sold.
Mr Grime added: “Our target of almost 200 homes this year is very achievable and we have a sustainable growth strategy in place to deliver around 400 homes per annum by 2023.
"We’ve also doubled our workforce in the last 12 months to accommodate the growth.”
|
https://www.business-live.co.uk/leads-deals/anwyl-homes-lancashire-more-double-19558525
|
en
| 2021-01-04T00:00:00 |
www.business-live.co.uk/37a9c625f6ddea1516de788b135eefc6a228f638b5c6685cbcb3cb4287f9d053.json
|
[
"Sign up to FREE email alerts from BusinessLive - North West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nA North West housing business says it is on track to more than double the number of homes it builds this year.\nAnwyl Homes Lancashire is to complete almost 200 homes in the financial year to September 30 compared with last year's 90.\nJohn Grime, who is managing director of the firm based at Buckshaw Village in Chorley, said: “Hugely in our favour is the fact that we have already secured the land and planning consent to deliver our 2021 targets – and beyond.\n“And, while last year’s figures were impacted by the Covid pandemic and having to employ social distancing measures on site, we’ve since been experiencing pent-up demand from people wanting to move and both interest and sales have been strong.\n“Across the region we have a healthy forward order book and, in recent months, have commenced work at several new developments, including Lawrence Gardens, in Barton, Priory Gardens, in Burscough, and Winnington Place, in Winnington, Cheshire.”\nPart of North Wales-headquartered Anwyl Homes, the business is now active at eight locations in Lancashire, Merseyside and Cheshire.\nSign up for your free BusinessLive North West newsletter BusinessLive is your home for business news from around the North West- and you can stay in touch with all the latest news from Greater Manchester, Liverpool City Region, Cheshire, Lancashire and Cumbria through our email alerts. You can sign up to receive daily morning news bulletins from every region we cover and to weekly email bulletins covering key economic sectors from manufacturing to technology and enterprise. And we'll send out breaking news alerts for any stories we think you can't miss. By bringing together North West coverage with that from across Reach’s titles in England and Wales, BusinessLive will shine a spotlight on the entrepreneurs, the stars of the future and the small firms that are the backbone of our economy. Visit our email preference centre to sign up to all the latest news from BusinessLive.\nAnwyl said that most recently, it’s launched off-plan sales at Priory Gardens, in Burscough, West Lancashire, where eventually there will be 267 new homes.\nThe first of 72 new homes being sold at Lawrence Gardens, in Barton – between Preston and Garstang – will be ready to move into in spring 2021.\n(Image: Mandy Jones)\nMeanwhile, demolition of old industrial units and preparation of roads and sewers are \"well advanced\" at Winnington Place, near Northwich, where construction will start early 2021 on the first of approximately 250 planned new homes.\nAnwyl also has ongoing developments in Fulwood and Longridge, Lancashire, and St Helens, Liverpool and Prescot in Merseyside.\nCarr’s Rise in Prescot was Anwyl Homes Lancashire’s first development, launched in 2018, and the last of the 119 properties was recently sold.\nMr Grime added: “Our target of almost 200 homes this year is very achievable and we have a sustainable growth strategy in place to deliver around 400 homes per annum by 2023.\n\"We’ve also doubled our workforce in the last 12 months to accommodate the growth.”",
"Anwyl Homes Lancashire to more than double number of houses it builds this year",
"The firm has doubled its workforce, and is now ready for further growth"
] |
|
[
"Hannah Finch",
"Image",
"Danny Lawson Pa",
"Very Group",
"Jon Corken Grimslive",
"Pa",
"Bear"
] | 2021-01-14T10:06:08 | null | 2021-01-14T10:00:00 |
Where Christmas shoppers spent their money revealed in the latest figures from these retail giants
|
https%3A%2F%2Fwww.business-live.co.uk%2Fretail-consumer%2Ften-retail-giants-who-won-19617862.json
|
en
| null |
Ten retail giants who won and lost in the battle for Christmas sales
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - South West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
The ever-shifting Covid-19 restrictions in the run up to Christmas caused major disruption for retailers. While shops were allowed to stay open, at least until the Christmas rules and then lockdown 3 - confusion and caution kept shoppers away from the High Street.
As the nation stayed at home, leisurewear and pyjamas topped the shopping list over party dresses. And as expected, the big supermarkets were boosted by their essential retail status, where shoppers bagged non-essential Christmas gifts alongside all their groceries.
Here are five brands that lost out and five that saw sales soar during the Christmas like no other.
On the up
Sainsbury's
(Image: Danny Lawson/PA)
Profits at Sainsbury’s are likely to be £50million higher than first predicted, thanks to November's second English national lockdown and tight tiering restrictions in December.
Chief executive Simon Roberts said the tighter Christmas restrictions saw customers turn to smaller turkeys and an increase in lamb and beef sales, but shoppers treated themselves to more premium products, with Taste The Difference sales up 11 per cent.
The unplanned profit upgrade was revealed as supermarket bosses said sales in the three months to January 2 were up 8.6 per cent on a like-for-like basis.
Over the Christmas period itself – measured by Sainsbury’s as the nine weeks to the same date – these were even higher, growing 9.3 per cent.
Holborn-headquartered Sainsbury’s said there was strong growth in both its grocery stores and at Argos, which remained open for click-and-collect orders, alongside huge surges in online deliveries.
Argos sales rose 8.4 per cent and non-food sales were up 6 per cent as non-essential retailers were forced to either close stores or only offer click-and-collect services.
Online grocery sales jumped 128 per cent over the period, with total digital sales up 81 per cent, representing 44 per cent of total sales for the group.
Around 1.1 million online food orders were delivered in the 10 days leading up to Christmas, the grocer added.
As a result, underlying pre-tax profits for the year are expected to hit £330 million, compared with previous guidance of £270 million – although this will be down on the £586 million recorded last year due to Sainsbury’s agreeing to pay its £410 million business rates bill.
B&M
B&M bosses said they would reward its 30,000 staff with an extra week's wages, with shareholders to receive a special dividend of £200m after revenues at its UK stores soared over Christmas.
The discount retail giant said UK stores' revenue growth for Q3 - the festive "golden quarter" - was 26.6%, while group revenue growth stood at 22.5%. That's compared with a 9.9% rise for the same period last year.
The group, whose headquarters are on Merseyside, opened 18 new stores during the quarter - helping to create over 500 new jobs.
In a trading update detailing a "strong golden quarter", the firm also said a further special dividend of 20p per share - equating to around £200m in total - will be paid to shareholders at the end of January.
Chief executive Simon Arora and his family are the biggest shareholders in the business, meaning he will pay himself £30 million, in addition to a £44 million dividend payout revealed two months ago.
The payouts come as the retailer saw a surge in sales during the second English national lockdown and subsequent Tiering as the stores benefitted from their "essential" retail status.
B&M stores has stayed open throughout the lockdown - with more than 670 branches operating nationwide at the moment.
Very
(Image: Very Group)
Online retailer Very said sales in the run-up to Christmas were 25.2% up year-on-year, following strong trading throughout 2020. Revenues topped £500m for the first time in the company's history.
Home and electrical products sold the most, both up more than 45%, while the company attracted 500,000 new customers and had 139m website visits.
As well as benefiting from the move to online shopping as many physical stores were closed, Very was boosted by other coronavirus trends, such as people investing in their homes during the pandemic.
The company's sales of DIY products tripled, while it saw big increases in the number of beds, other furniture and soft furnishings it sold. Other benefits from the pandemic came in sales of sportswear and wellbeing products.
Pets at Home
Pets at Home predicts its pre-tax profit for the financial year will be "at least £77m" - over £10m more than previously stated.
The Cheshire-headquartered pet care group said it had posted "high-teens" group sales growth during December.
In its interim results released in November, the Cheshire-headquartered pet care business reported a revenue growth of 5.1% to £574.4m for the 28 weeks to October 8.
On Friday, in a Q3 trading update, the firm said that momentum had continued to accelerate "across all channels".
Despite the firm being classified as an 'essential retailer' during the third English lockdown which began this week, Pets at Home said the restrictions may still have an impact on sales.
Games Workshop
Profits are up 50 per cent at Warhammer creator Games Workshop on the back of strong global sales.
The tabletop gaming firm, headquartered in Lenton, Nottingham, said pre-tax profits for the half year to November 29, jumped 56.3 percent to £91.6 million.
Total sales for the period were up 27 percent to £168.8 million - compared to £148.8 million for the six months before the pandemic hit.
The company, which is valued at around £3.8 billion, said store sales slumped by 18.5 percent to £37.3 million as a result of coronavirus restrictions.
The business has repaid furlough support and other government subsidies and is cancelling the UK expanded business rates retail discount scheme for 2020/21.
The global firm runs the business from its Nottingham site.
Sales down
Marks and Spencer
(Image: Jon Corken/Grimsby Live)
Marks & Spencer's sales were down 8.4 per cent to £2.8 billion as the late 2020 lockdown and tiering restrictions took their toll in the pre-Christmas period.
The clothing and home business segment was particularly affected, down 25.1 per cent, reflecting an in-store sales decline of 46.5 per cent, partly offset by online sales growth of 47.5 per cent.
The sales mix remained heavily biased to pandemic-influenced product such as sleepwear and leisurewear.
The company said the online business performed well.
Food like-for-like sales increased 2.6 per cent. On a comparative basis, this performance was even stronger given reduced food-on-the-move sales and lower footfall in town and city centres.
Joules
Joules, the UK lifestyle brand, has warned the new national lockdown could see it lose between £14 million and £18 million – if the restrictions continue until April 1.
The national clothes brand said the closure of its stores, the cancellation of country shows and disruption to wholesale partners such as John Lewis, would have a big impact on its figures this year.
In a Christmas trading update, the Leicestershire-based firm said, however, that the current restrictions follow decent online revenues.
Sales through its websites, including the Friends of Joules digital marketplace, were up 66 per cent year on year since late November, driven by more people shopping at home and improved conversion rates across the group's platforms.
But total store sales were down 58 per cent during the period, reflecting the enforced closures of non-essential stores and reduced footfall as and when stores were able to open.
However, better than expected sales and profits in past seven months would help mitigate against the pandemic, it said.
Want more business news straight to your inbox? BusinessLive is your home for business news from around the country - and you can stay in touch with all the latest news through our email alerts. You can sign up to receive daily morning news bulletins from every region we cover and to weekly email bulletins covering key economic sectors from manufacturing to technology and enterprise. And we'll send out breaking news alerts for any stories we think you can't miss. Visit our email preference centre to sign up to all the latest news from BusinessLive.
Primark
(Image: PA)
Primark owner Associated British Foods has warned of a hit from lost retail sales of more than £1 billion if coronavirus lockdowns force its stores to stay closed until the end of February.
The budget fashion chain said 305 of its 389 shops around the world are currently shut, which is expected to cost it £1.05 billion in lost sales – up from the £650 million hit forecast at the end of December.
AB Foods – which has 190 shops in the UK – said it now expects to see half-year underlying earnings wiped out, with the group forecasting to be “broadly break-even” against profits of £441 million a year earlier.
But it said it could be facing a £1.85 billion sales impact if its entire store estate has to close and remain shut until the end of March, knocking profits by a further £300 million.
Primark has already seen £540 million in lost retail sales from store closures due to coronavirus restrictions in its key Christmas quarter, with sales slumping 30% in the 16 weeks to January 2.
Susannah Streeter, senior investment and markets analyst at Hargreaves Lansdown, said last year Primark could now “regret” its resistance to creating an online presence as it cannot make up the shortfall in digital sales.
Greggs
Bakery chain Greggs says its expansion plans will continue in 2021 with 100 planned openings – despite bracing itself to post its first ever loss in its 80-year history
The Newcastle food-on-the-go favourite has warned that its profit levels will not recover until at least 2022, having taken a hammering during the pandemic, which also led to the loss of 820 jobs at the end of last year.
The group said average like-for-like sales were back up to 81.1% of its 2019 levels over its fourth quarter, running to January 2. It took in total sales of £293m compared to 2019’s £344m, and over the last five weeks had recovered to 85.7% of last year’s performance.
The brand said it was optimistic for the future, which it is demonstrating by continuing to invest in its digital channels and physical stores.
Paperchase
(Image: BEAR)
Stationery chain Paperchase is on the brink of collapsing into administration after sales were hammered by closures at the end of last year.
The firm, which has 127 stores and 1,500 employees, confirmed it has filed a notice to appoint administrators from PwC to advise on its insolvency process.
Sign up for more business news straight to your inbox Stay up to date with our daily newsletter, email breaking news alerts and weekly round-ups. To sign up, find out more and see all of our newsletters, follow the link here
Paperchase launched a Company Voluntary Arrangement (CVA) restructuring in March in an attempt to turn around its fortunes but saw this heavily impacted by the pandemic.
It is understood the retailer’s decision to move towards administration was particularly driven by poor sales in November and December amid lockdown measures and tiered restrictions.
Will shoppers return to the High Street - let us know your thoughts in the comments section below
|
https://www.business-live.co.uk/retail-consumer/ten-retail-giants-who-won-19617862
|
en
| 2021-01-14T00:00:00 |
www.business-live.co.uk/25826628a36f532a34848037fafbbbf0199d31588e0c584e4e963fef910b8d92.json
|
[
"Sign up to FREE email alerts from BusinessLive - South West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nThe ever-shifting Covid-19 restrictions in the run up to Christmas caused major disruption for retailers. While shops were allowed to stay open, at least until the Christmas rules and then lockdown 3 - confusion and caution kept shoppers away from the High Street.\nAs the nation stayed at home, leisurewear and pyjamas topped the shopping list over party dresses. And as expected, the big supermarkets were boosted by their essential retail status, where shoppers bagged non-essential Christmas gifts alongside all their groceries.\nHere are five brands that lost out and five that saw sales soar during the Christmas like no other.\nOn the up\nSainsbury's\n(Image: Danny Lawson/PA)\nProfits at Sainsbury’s are likely to be £50million higher than first predicted, thanks to November's second English national lockdown and tight tiering restrictions in December.\nChief executive Simon Roberts said the tighter Christmas restrictions saw customers turn to smaller turkeys and an increase in lamb and beef sales, but shoppers treated themselves to more premium products, with Taste The Difference sales up 11 per cent.\nThe unplanned profit upgrade was revealed as supermarket bosses said sales in the three months to January 2 were up 8.6 per cent on a like-for-like basis.\nOver the Christmas period itself – measured by Sainsbury’s as the nine weeks to the same date – these were even higher, growing 9.3 per cent.\nHolborn-headquartered Sainsbury’s said there was strong growth in both its grocery stores and at Argos, which remained open for click-and-collect orders, alongside huge surges in online deliveries.\nArgos sales rose 8.4 per cent and non-food sales were up 6 per cent as non-essential retailers were forced to either close stores or only offer click-and-collect services.\nOnline grocery sales jumped 128 per cent over the period, with total digital sales up 81 per cent, representing 44 per cent of total sales for the group.\nAround 1.1 million online food orders were delivered in the 10 days leading up to Christmas, the grocer added.\nAs a result, underlying pre-tax profits for the year are expected to hit £330 million, compared with previous guidance of £270 million – although this will be down on the £586 million recorded last year due to Sainsbury’s agreeing to pay its £410 million business rates bill.\nB&M\nB&M bosses said they would reward its 30,000 staff with an extra week's wages, with shareholders to receive a special dividend of £200m after revenues at its UK stores soared over Christmas.\nThe discount retail giant said UK stores' revenue growth for Q3 - the festive \"golden quarter\" - was 26.6%, while group revenue growth stood at 22.5%. That's compared with a 9.9% rise for the same period last year.\nThe group, whose headquarters are on Merseyside, opened 18 new stores during the quarter - helping to create over 500 new jobs.\nIn a trading update detailing a \"strong golden quarter\", the firm also said a further special dividend of 20p per share - equating to around £200m in total - will be paid to shareholders at the end of January.\nChief executive Simon Arora and his family are the biggest shareholders in the business, meaning he will pay himself £30 million, in addition to a £44 million dividend payout revealed two months ago.\nThe payouts come as the retailer saw a surge in sales during the second English national lockdown and subsequent Tiering as the stores benefitted from their \"essential\" retail status.\nB&M stores has stayed open throughout the lockdown - with more than 670 branches operating nationwide at the moment.\nVery\n(Image: Very Group)\nOnline retailer Very said sales in the run-up to Christmas were 25.2% up year-on-year, following strong trading throughout 2020. Revenues topped £500m for the first time in the company's history.\nHome and electrical products sold the most, both up more than 45%, while the company attracted 500,000 new customers and had 139m website visits.\nAs well as benefiting from the move to online shopping as many physical stores were closed, Very was boosted by other coronavirus trends, such as people investing in their homes during the pandemic.\nThe company's sales of DIY products tripled, while it saw big increases in the number of beds, other furniture and soft furnishings it sold. Other benefits from the pandemic came in sales of sportswear and wellbeing products.\nPets at Home\nPets at Home predicts its pre-tax profit for the financial year will be \"at least £77m\" - over £10m more than previously stated.\nThe Cheshire-headquartered pet care group said it had posted \"high-teens\" group sales growth during December.\nIn its interim results released in November, the Cheshire-headquartered pet care business reported a revenue growth of 5.1% to £574.4m for the 28 weeks to October 8.\nOn Friday, in a Q3 trading update, the firm said that momentum had continued to accelerate \"across all channels\".\nDespite the firm being classified as an 'essential retailer' during the third English lockdown which began this week, Pets at Home said the restrictions may still have an impact on sales.\nGames Workshop\nProfits are up 50 per cent at Warhammer creator Games Workshop on the back of strong global sales.\nThe tabletop gaming firm, headquartered in Lenton, Nottingham, said pre-tax profits for the half year to November 29, jumped 56.3 percent to £91.6 million.\nTotal sales for the period were up 27 percent to £168.8 million - compared to £148.8 million for the six months before the pandemic hit.\nThe company, which is valued at around £3.8 billion, said store sales slumped by 18.5 percent to £37.3 million as a result of coronavirus restrictions.\nThe business has repaid furlough support and other government subsidies and is cancelling the UK expanded business rates retail discount scheme for 2020/21.\nThe global firm runs the business from its Nottingham site.\nSales down\nMarks and Spencer\n(Image: Jon Corken/Grimsby Live)\nMarks & Spencer's sales were down 8.4 per cent to £2.8 billion as the late 2020 lockdown and tiering restrictions took their toll in the pre-Christmas period.\nThe clothing and home business segment was particularly affected, down 25.1 per cent, reflecting an in-store sales decline of 46.5 per cent, partly offset by online sales growth of 47.5 per cent.\nThe sales mix remained heavily biased to pandemic-influenced product such as sleepwear and leisurewear.\nThe company said the online business performed well.\nFood like-for-like sales increased 2.6 per cent. On a comparative basis, this performance was even stronger given reduced food-on-the-move sales and lower footfall in town and city centres.\nJoules\nJoules, the UK lifestyle brand, has warned the new national lockdown could see it lose between £14 million and £18 million – if the restrictions continue until April 1.\nThe national clothes brand said the closure of its stores, the cancellation of country shows and disruption to wholesale partners such as John Lewis, would have a big impact on its figures this year.\nIn a Christmas trading update, the Leicestershire-based firm said, however, that the current restrictions follow decent online revenues.\nSales through its websites, including the Friends of Joules digital marketplace, were up 66 per cent year on year since late November, driven by more people shopping at home and improved conversion rates across the group's platforms.\nBut total store sales were down 58 per cent during the period, reflecting the enforced closures of non-essential stores and reduced footfall as and when stores were able to open.\nHowever, better than expected sales and profits in past seven months would help mitigate against the pandemic, it said.\nWant more business news straight to your inbox? BusinessLive is your home for business news from around the country - and you can stay in touch with all the latest news through our email alerts. You can sign up to receive daily morning news bulletins from every region we cover and to weekly email bulletins covering key economic sectors from manufacturing to technology and enterprise. And we'll send out breaking news alerts for any stories we think you can't miss. Visit our email preference centre to sign up to all the latest news from BusinessLive.\nPrimark\n(Image: PA)\nPrimark owner Associated British Foods has warned of a hit from lost retail sales of more than £1 billion if coronavirus lockdowns force its stores to stay closed until the end of February.\nThe budget fashion chain said 305 of its 389 shops around the world are currently shut, which is expected to cost it £1.05 billion in lost sales – up from the £650 million hit forecast at the end of December.\nAB Foods – which has 190 shops in the UK – said it now expects to see half-year underlying earnings wiped out, with the group forecasting to be “broadly break-even” against profits of £441 million a year earlier.\nBut it said it could be facing a £1.85 billion sales impact if its entire store estate has to close and remain shut until the end of March, knocking profits by a further £300 million.\nPrimark has already seen £540 million in lost retail sales from store closures due to coronavirus restrictions in its key Christmas quarter, with sales slumping 30% in the 16 weeks to January 2.\nSusannah Streeter, senior investment and markets analyst at Hargreaves Lansdown, said last year Primark could now “regret” its resistance to creating an online presence as it cannot make up the shortfall in digital sales.\nGreggs\nBakery chain Greggs says its expansion plans will continue in 2021 with 100 planned openings – despite bracing itself to post its first ever loss in its 80-year history\nThe Newcastle food-on-the-go favourite has warned that its profit levels will not recover until at least 2022, having taken a hammering during the pandemic, which also led to the loss of 820 jobs at the end of last year.\nThe group said average like-for-like sales were back up to 81.1% of its 2019 levels over its fourth quarter, running to January 2. It took in total sales of £293m compared to 2019’s £344m, and over the last five weeks had recovered to 85.7% of last year’s performance.\nThe brand said it was optimistic for the future, which it is demonstrating by continuing to invest in its digital channels and physical stores.\nPaperchase\n(Image: BEAR)\nStationery chain Paperchase is on the brink of collapsing into administration after sales were hammered by closures at the end of last year.\nThe firm, which has 127 stores and 1,500 employees, confirmed it has filed a notice to appoint administrators from PwC to advise on its insolvency process.\nSign up for more business news straight to your inbox Stay up to date with our daily newsletter, email breaking news alerts and weekly round-ups. To sign up, find out more and see all of our newsletters, follow the link here\nPaperchase launched a Company Voluntary Arrangement (CVA) restructuring in March in an attempt to turn around its fortunes but saw this heavily impacted by the pandemic.\nIt is understood the retailer’s decision to move towards administration was particularly driven by poor sales in November and December amid lockdown measures and tiered restrictions.\nWill shoppers return to the High Street - let us know your thoughts in the comments section below",
"Ten retail giants who won and lost in the battle for Christmas sales",
"Where Christmas shoppers spent their money revealed in the latest figures from these retail giants"
] |
|
[
"Owen Hughes",
"Image",
"Rowan Griffiths",
"Ian Cooper North Wales Live"
] | 2021-01-12T01:07:23 | null | 2021-01-12T00:01:00 |
The ERF Sector Specific Grant is designed to support businesses hit by lockdown
|
https%3A%2F%2Fwww.business-live.co.uk%2Feconomic-development%2Fwelsh-governments-180m-fund-tourism-19606671.json
|
en
| null |
Welsh Government's £180m fund for tourism, hospitality and leisure firms opens on Wednesday
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - Wales Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
Welsh Government’s latest £180m Economic Resilience Fund package to support tourism, hospitality and leisure businesses opens on Wednesday.
The Sector specific fund will open for applications at 12pm on January 13 and will remain open for two weeks or until funds are fully committed.
A similar fund in the autumn closed after 24 hours with complaints thousands of firms had missed out.
The £180m is in addition to a £270m support package for businesses that pay non domestic rates, which includes non-essential retail businesses, and is being delivered via Local Authorities.
Welsh Government estimates that under the package of support a typical hospitality business in Wales with the equivalent of six full-time staff could be eligible to receive between £12,000 and £14,000 in total.
They said it makes it the most generous offer in the UK.
Economy Minister Ken Skates said: “Accelerating coronavirus rates meant we have had to make difficult but necessary decisions to protect people’s health and save lives.
(Image: Ian Cooper/North Wales Live)
"We know these decisions have a knock-on effect on our businesses and there is no doubt that latest restrictions mean very real challenges for firms who have already had to deal with so much.
“We are committed to doing all we can to protect our businesses during this very challenging time.
"Our package of support is the most generous in the UK and since the beginning of the pandemic more than £1.6bn of Welsh Government financial assistance has reached businesses.
“Many hospitality, tourism, leisure and non-essential retail businesses have already received payments of £3,000 or £5,000 in the last month and this additional funding will be absolutely crucial in supporting eligible businesses through the difficult weeks ahead.”
The amount a company can claim from the £180m sector specific fund will be calculated based on staff count and turnover. The fund is expected to support up to 8,000 hospitality, tourism and leisure firms impacted by the restrictions and potentially a further 2,000 in related supply chains.
Deputy Minister for Culture, Sport and Tourism, Lord Elis-Thomas, said: “We are fully aware, not least from our hospitality stakeholder group, of the impact of the restrictions that we have had to bring in.
"This was not the Christmas period that any of us had hoped for, but I would urge businesses to take advantage of the help available.
“We will continue to do everything we can to support our firms and our people through to the other side of this dreadful pandemic.”
Follow this link to visit the Business Wales website.
You can share your thoughts on this article by using the comments section at the top of this story.
|
https://www.business-live.co.uk/economic-development/welsh-governments-180m-fund-tourism-19606671
|
en
| 2021-01-12T00:00:00 |
www.business-live.co.uk/3128dcc027c78f650f21e0e1ddd3e5092202f45886fc1d485f3bfc9c5b3eafe1.json
|
[
"Sign up to FREE email alerts from BusinessLive - Wales Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nWelsh Government’s latest £180m Economic Resilience Fund package to support tourism, hospitality and leisure businesses opens on Wednesday.\nThe Sector specific fund will open for applications at 12pm on January 13 and will remain open for two weeks or until funds are fully committed.\nA similar fund in the autumn closed after 24 hours with complaints thousands of firms had missed out.\nThe £180m is in addition to a £270m support package for businesses that pay non domestic rates, which includes non-essential retail businesses, and is being delivered via Local Authorities.\nWelsh Government estimates that under the package of support a typical hospitality business in Wales with the equivalent of six full-time staff could be eligible to receive between £12,000 and £14,000 in total.\nThey said it makes it the most generous offer in the UK.\nEconomy Minister Ken Skates said: “Accelerating coronavirus rates meant we have had to make difficult but necessary decisions to protect people’s health and save lives.\n(Image: Ian Cooper/North Wales Live)\n\"We know these decisions have a knock-on effect on our businesses and there is no doubt that latest restrictions mean very real challenges for firms who have already had to deal with so much.\n“We are committed to doing all we can to protect our businesses during this very challenging time.\n\"Our package of support is the most generous in the UK and since the beginning of the pandemic more than £1.6bn of Welsh Government financial assistance has reached businesses.\n“Many hospitality, tourism, leisure and non-essential retail businesses have already received payments of £3,000 or £5,000 in the last month and this additional funding will be absolutely crucial in supporting eligible businesses through the difficult weeks ahead.”\nThe amount a company can claim from the £180m sector specific fund will be calculated based on staff count and turnover. The fund is expected to support up to 8,000 hospitality, tourism and leisure firms impacted by the restrictions and potentially a further 2,000 in related supply chains.\nDeputy Minister for Culture, Sport and Tourism, Lord Elis-Thomas, said: “We are fully aware, not least from our hospitality stakeholder group, of the impact of the restrictions that we have had to bring in.\n\"This was not the Christmas period that any of us had hoped for, but I would urge businesses to take advantage of the help available.\n“We will continue to do everything we can to support our firms and our people through to the other side of this dreadful pandemic.”\nFollow this link to visit the Business Wales website.\nYou can share your thoughts on this article by using the comments section at the top of this story.",
"Welsh Government's £180m fund for tourism, hospitality and leisure firms opens on Wednesday",
"The ERF Sector Specific Grant is designed to support businesses hit by lockdown"
] |
|
[
"Peter Walker",
"David Laister",
"Image",
"Pa"
] | 2021-01-08T09:41:54 | null | 2021-01-08T09:32:17 |
8.4 per cent drop for high street giant - with online and out-of-town retail providing a filip
|
https%3A%2F%2Fwww.business-live.co.uk%2Fretail-consumer%2Flockdown-two-tiering-sees-ms-19585364.json
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en
| null |
Lockdown Two and tiering sees M&S sales suffer in pre-Christmas run-up
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - Retail & Consumer Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
Marks & Spencer's sales were down 8.4 per cent to £2.8 billion as the late 2020 lockdown and tiering restrictions took their toll in the pre-Christmas period.
The clothing and home business segment was particularly affected, down 25.1 per ent, reflecting an in-store sales decline of 46.5 per cent, partly offset by online sales growth of 47.5 per cent.
The sales mix remained heavily biased to pandemic-influenced product such as sleepwear and leisurewear.
Shares in the high street chain, established in Leeds but now headquartered in London, fell 2.1 per cent following the stock exchange announcement.
Chief executive Steve Rowe commented: “Given the on-off restrictions and distortions in demand patterns our trading was robust over the Christmas period.
"More importantly, beneath the Covid clouds we saw a very strong performance from the food business, including Ocado Retail, and a further acceleration of clothing and home online.
"Near term trading remains very challenging but we are continuing to accelerate change under our Never the Same Again programme to ensure the business emerges from the pandemic in very different shape," he added.
The company said the online business performed well, with fulfilment from both Castle Donington and ship from store system BOSS helping to increase volume and release the pressure on store stock.
Food like-for-like sales increased 2.6 per cent. On a comparative basis, this performance was even stronger given reduced food-on-the-move sales and lower footfall in town and city centres.
During the four-week lead up to Christmas, like-for-like sales ex-hospitality and franchise grew by 8.7 per cent, with large retail park and Simply Food stores outperforming.
Ocado Retail sustained its recent positive performance with the participation of M&S products remaining strong.
International revenue decreased 10.4 per cent, impacted by changing restrictions across the globe. The trading update noted that near-term franchise performance continues to be impacted by the changes in partner stock requirements as a result of the pandemic.
During the period, M&S issued a £300 million bond, maturing in 2026, and repurchased £136 million of bonds expiring in December 2021, in order to strengthen the group’s debt and liquidity profile.
"The free trade agreement with the EU means we will not incur tariffs on our core UK sales," read the update. "However potential tariffs on part of our range exported to the EU, together with very complex administrative processes, will significantly impact our businesses in Ireland, the Czech Republic and our franchise business in France which we are actively working to mitigate."
Commenting on the results, Third Bridge retail sector analyst Ross Hindle said that the mooted acquisition of Jaeger hints at the potential for a more aggressive shift into the multi-brand space.
"M&S has numerous large stores which could be filled with non-M&S merchandise in order to drive their top-line - although the risk here is whether such brands might cannibalise M&S branded products," Mr Hindle said.
"Part of M&S's recovery is dependent on an effective vaccine rollout and a return to the business-as-usual some say may come from Autumn onwards.
"However long-term success will be dependent on the company fixing the structural problems it faces around a bloated product range, high stock keeping unit count, and high street store portfolio."
|
https://www.business-live.co.uk/retail-consumer/lockdown-two-tiering-sees-ms-19585364
|
en
| 2021-01-08T00:00:00 |
www.business-live.co.uk/92f39e4b03ab393d7787d6b6e8b9ee13467f44be8b5800a37ff0fef18b67c6fb.json
|
[
"Sign up to FREE email alerts from BusinessLive - Retail & Consumer Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nMarks & Spencer's sales were down 8.4 per cent to £2.8 billion as the late 2020 lockdown and tiering restrictions took their toll in the pre-Christmas period.\nThe clothing and home business segment was particularly affected, down 25.1 per ent, reflecting an in-store sales decline of 46.5 per cent, partly offset by online sales growth of 47.5 per cent.\nThe sales mix remained heavily biased to pandemic-influenced product such as sleepwear and leisurewear.\nShares in the high street chain, established in Leeds but now headquartered in London, fell 2.1 per cent following the stock exchange announcement.\nChief executive Steve Rowe commented: “Given the on-off restrictions and distortions in demand patterns our trading was robust over the Christmas period.\n\"More importantly, beneath the Covid clouds we saw a very strong performance from the food business, including Ocado Retail, and a further acceleration of clothing and home online.\n\"Near term trading remains very challenging but we are continuing to accelerate change under our Never the Same Again programme to ensure the business emerges from the pandemic in very different shape,\" he added.\nThe company said the online business performed well, with fulfilment from both Castle Donington and ship from store system BOSS helping to increase volume and release the pressure on store stock.\nFood like-for-like sales increased 2.6 per cent. On a comparative basis, this performance was even stronger given reduced food-on-the-move sales and lower footfall in town and city centres.\nDuring the four-week lead up to Christmas, like-for-like sales ex-hospitality and franchise grew by 8.7 per cent, with large retail park and Simply Food stores outperforming.\nOcado Retail sustained its recent positive performance with the participation of M&S products remaining strong.\nInternational revenue decreased 10.4 per cent, impacted by changing restrictions across the globe. The trading update noted that near-term franchise performance continues to be impacted by the changes in partner stock requirements as a result of the pandemic.\nDuring the period, M&S issued a £300 million bond, maturing in 2026, and repurchased £136 million of bonds expiring in December 2021, in order to strengthen the group’s debt and liquidity profile.\n\"The free trade agreement with the EU means we will not incur tariffs on our core UK sales,\" read the update. \"However potential tariffs on part of our range exported to the EU, together with very complex administrative processes, will significantly impact our businesses in Ireland, the Czech Republic and our franchise business in France which we are actively working to mitigate.\"\nCommenting on the results, Third Bridge retail sector analyst Ross Hindle said that the mooted acquisition of Jaeger hints at the potential for a more aggressive shift into the multi-brand space.\n\"M&S has numerous large stores which could be filled with non-M&S merchandise in order to drive their top-line - although the risk here is whether such brands might cannibalise M&S branded products,\" Mr Hindle said.\n\"Part of M&S's recovery is dependent on an effective vaccine rollout and a return to the business-as-usual some say may come from Autumn onwards.\n\"However long-term success will be dependent on the company fixing the structural problems it faces around a bloated product range, high stock keeping unit count, and high street store portfolio.\"",
"Lockdown Two and tiering sees M&S sales suffer in pre-Christmas run-up",
"8.4 per cent drop for high street giant - with online and out-of-town retail providing a filip"
] |
|
[
"Graeme Whitfield",
"Image",
"Joel Goodman"
] | 2021-01-14T16:11:59 | null | 2021-01-14T15:00:45 |
Mayors, council leaders and business representatives combine to denounce plans from the National Infrastructure Commission
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https%3A%2F%2Fwww.business-live.co.uk%2Feconomic-development%2Fnorthern-leaders-denounce-rail-plans-19626208.json
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en
| null |
Northern leaders denounce rail plans and question Government's 'levelling up' agenda
| null | null |
www.business-live.co.uk
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Sign up to FREE email alerts from BusinessLive - National Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
Mayors and political leaders from across the North have lined up to denounce plans for the UK rail network, saying they make a mockery of the Government’s plans for ‘levelling up’.
Greater Manchester mayor Andy Burnham joined Liverpool city region colleague Steve Rotheram and South Yorkshire’s Dan Jarvis to criticise plans from the National Infrastructure Commission, which could see rail schemes in the North downgraded.
Speaking at a meeting of Transport for the North – the body set up to improve rail, road and other transport across the region – Mr Burnham said ‘it looks like levelling down’ while Mr Jarvis called the plans ‘the next big test of the Government’s commitment to levelling up’.
Council leaders and business representatives from the North East, Humberside, Lancashire and Cheshire also criticised the plans, with the widespread denunciation of the plans being amplified by anger at a budget cut for Transport for the North, which will scupper plans for a contactless ticketing system for the whole region.
The organisation is now seeking an urgent meeting with Transport Secretary Grant Shapps to address concerns from across the North.
Mr Jarvis said: “Investment in the North and the Midlands for generations to come should not be based on the false premises and the flawed methodology of this report.
“The integrated rail plans will be the next big test of the Government’s commitment to levelling up. We all know, because of the impact Covid is having, that investment is now even more urgent as we try to support and revive our economies in the years ahead.
“The Government needs to look deep into its own coffers and find the investment that is required to deliver the transformation in the infrastructure of the North of England.”
Mr Burnham added: “The old framing of London and the South East getting first dibs and then everyone else having their go - it’s same old, same old. This isn’t changing the way this country works and this organisation is trying to change that.”
The Northern leaders were speaking after a report to Transport for the North warned that, in the recommendations of the National Infrastructure Commission, none of the proposed packages deliver the level of investment needed to close the productivity gap and ‘level up’ the UK.
It added that “the consequence is likely to be ongoing underperformance and regional imbalance, with the North not achieving its full economic potential.”
The politicians’ anger was increased with a report outlining how Transport for the North’s budget had been cut by the Government, with funding for its key Integrated and Smart Travel scheme scrapped altogether.
Speaking outside of the meeting Lord Jim O’Neill, vice-chair of the Northern Powerhouse Partnership, said: “It’s extremely disappointing to see the contactless ticketing - one of the North’s flagship transport projects - scrapped. The idea of a modern, contactless, Northern updated version of the oyster card, a n’oyster, was central to the transport element of the Northern Powerhouse concept. This decision should be reversed.
“The Department for Transport need to give northern leaders more funding powers over areas such as road and rail budgets for investment, so they can take more of the tough decisions.
“Since the publication of its Strategic Transport Plan, Transport for the North has been limited to acting simply as a lobby group for projects - instead of a body with actual decision-making abilities - because the real power has been kept in Whitehall.”
|
https://www.business-live.co.uk/economic-development/northern-leaders-denounce-rail-plans-19626208
|
en
| 2021-01-14T00:00:00 |
www.business-live.co.uk/0486f07d7a4ed43a7cd8459b223bdaadd9135106823b398c96607bdd5cc26a67.json
|
[
"Sign up to FREE email alerts from BusinessLive - National Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nMayors and political leaders from across the North have lined up to denounce plans for the UK rail network, saying they make a mockery of the Government’s plans for ‘levelling up’.\nGreater Manchester mayor Andy Burnham joined Liverpool city region colleague Steve Rotheram and South Yorkshire’s Dan Jarvis to criticise plans from the National Infrastructure Commission, which could see rail schemes in the North downgraded.\nSpeaking at a meeting of Transport for the North – the body set up to improve rail, road and other transport across the region – Mr Burnham said ‘it looks like levelling down’ while Mr Jarvis called the plans ‘the next big test of the Government’s commitment to levelling up’.\nCouncil leaders and business representatives from the North East, Humberside, Lancashire and Cheshire also criticised the plans, with the widespread denunciation of the plans being amplified by anger at a budget cut for Transport for the North, which will scupper plans for a contactless ticketing system for the whole region.\nThe organisation is now seeking an urgent meeting with Transport Secretary Grant Shapps to address concerns from across the North.\nMr Jarvis said: “Investment in the North and the Midlands for generations to come should not be based on the false premises and the flawed methodology of this report.\n“The integrated rail plans will be the next big test of the Government’s commitment to levelling up. We all know, because of the impact Covid is having, that investment is now even more urgent as we try to support and revive our economies in the years ahead.\n“The Government needs to look deep into its own coffers and find the investment that is required to deliver the transformation in the infrastructure of the North of England.”\nMr Burnham added: “The old framing of London and the South East getting first dibs and then everyone else having their go - it’s same old, same old. This isn’t changing the way this country works and this organisation is trying to change that.”\nThe Northern leaders were speaking after a report to Transport for the North warned that, in the recommendations of the National Infrastructure Commission, none of the proposed packages deliver the level of investment needed to close the productivity gap and ‘level up’ the UK.\nIt added that “the consequence is likely to be ongoing underperformance and regional imbalance, with the North not achieving its full economic potential.”\nThe politicians’ anger was increased with a report outlining how Transport for the North’s budget had been cut by the Government, with funding for its key Integrated and Smart Travel scheme scrapped altogether.\nSpeaking outside of the meeting Lord Jim O’Neill, vice-chair of the Northern Powerhouse Partnership, said: “It’s extremely disappointing to see the contactless ticketing - one of the North’s flagship transport projects - scrapped. The idea of a modern, contactless, Northern updated version of the oyster card, a n’oyster, was central to the transport element of the Northern Powerhouse concept. This decision should be reversed.\n“The Department for Transport need to give northern leaders more funding powers over areas such as road and rail budgets for investment, so they can take more of the tough decisions.\n“Since the publication of its Strategic Transport Plan, Transport for the North has been limited to acting simply as a lobby group for projects - instead of a body with actual decision-making abilities - because the real power has been kept in Whitehall.”",
"Northern leaders denounce rail plans and question Government's 'levelling up' agenda",
"Mayors, council leaders and business representatives combine to denounce plans from the National Infrastructure Commission"
] |
|
[
"Laura Watson"
] | 2021-01-20T04:10:33 | null | 2021-01-20T04:00:00 |
Birmingham, Wolverhampton and Walsall saw their economies decrease by nearly 12% in 2020
|
https%3A%2F%2Fwww.business-live.co.uk%2Feconomic-development%2Fwest-midlands-cities-hardest-hit-19657538.json
|
en
| null |
West Midlands cities hardest hit by pandemic will recover faster
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - West Midlands Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
The West Midlands cities hardest hit by the Covid-19 pandemic are predicted to see some of the fastest growth rates in 2021 - but will still be worse off than prior to the pandemic, a new report has found.
New analysis in the latest PwC-Demos Good Growth for Cities report revealed that cities such as Birmingham, Wolverhampton and Walsall saw their economies decrease by more than 11.7 per cent in 2020, yet they are predicted to recover more effectively that others in 2021 with growth rates of 4.8 per cent and higher.
That said, a return to pre-pandemic conditions will not necessarily instigate a dramatic upturn in economic activity and these city economies will still be smaller in 2021 than they were in 2019.
Other key findings show Birmingham has one of the highest rates of workers on the UK Coronavirus Job Retention scheme, with Birmingham, Solihull and Stratford-upon-Avon all placing 8.9 per cent or more of its workforce on the scheme during 2020.
Birmingham also has the highest take-up rate of Universal Credit, with 8.8 per cent of its population aged 16 to 64 claiming benefits in November 2020 compared to 4.8 per cent claiming benefits in January 2020.
The report suggests that West Midlands cities need to 'learn and embed' lessons from cities - such as Oxford, Leicester, Leeds and Edinburgh - which have performed more strongly in areas including jobs, health and skills, to drive 'more balanced and sustainable economic growth.'
Matthew Hammond, Midlands region leader and Birmingham senior partner at PwC said: "As a whole, cities in the Midlands have performed well on the environment, owner occupation and income distribution measures on the index.
"However, this positive performance is also coupled with lower scores in skills, jobs, income and work life balance, as well as the region suffering with high unemployment rates and a strong reliance by local businesses on the UK Coronavirus Job Retention scheme.
"Cities that have the highest proportion of younger people, such as Birmingham, Nottingham and Leicester are likely to face challenges in finding the right employment opportunities for young people. Young workers are therefore entering the labour force in one of the toughest economic environments, which will exacerbate unemployment rates, make employment opportunities even more competitive and potentially undermine social mobility efforts.
"To counter this, local leaders must look to invest in the skills needs of the region to support the next generation into the workforce."
Want more business news straight to your inbox? BusinessLive is your home for business news from around the country - and you can stay in touch with all the latest news through our email alerts. You can sign up to receive daily morning news bulletins from every region we cover and to weekly email bulletins covering key economic sectors from manufacturing to technology and enterprise. And we'll send out breaking news alerts for any stories we think you can't miss. Visit our email preference centre to sign up to all the latest news from BusinessLive.
Mr Hammond added: "The pandemic has also led to people living their life much closer to home and the likelihood is some of these lifestyle changes will stay for the medium-term.
"Citizens will value different things and those places that meet those needs will be the ones that bounce back quicker. This opens up opportunities for places that have advantages in terms of livability and community, and where ‘price of success’ factors, such as housing affordability, are less of an issue.
"Taking a broad approach to economic wellbeing and building resilience will be essential to create liveable vibrant places where people want to live, work and visit.
"The regions' significant growth over the past five years and long-term growth ambitions and investments in HS2, Coventry City of Culture and the Birmingham 2022 Commonwealth Games will also encourage strong conditions for a recovery."
What do you think about the findings in the report? Share your views in the comments section below.
The Demos-PwC Good Growth for Cities Index ranks 42 of the UK's largest cities based on the public's assessment of 10 key economic wellbeing factors.
PwC's analysis took into account a city's sectoral make-up, the impact of the use of the furlough scheme to protect jobs, and rates of Universal Credit claims, Covid infection and mobility rates.
|
https://www.business-live.co.uk/economic-development/west-midlands-cities-hardest-hit-19657538
|
en
| 2021-01-20T00:00:00 |
www.business-live.co.uk/cec57cb25d3ea4a7172320d03746eea17c91440bcaba318bdeb9cf3bed517524.json
|
[
"Sign up to FREE email alerts from BusinessLive - West Midlands Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nThe West Midlands cities hardest hit by the Covid-19 pandemic are predicted to see some of the fastest growth rates in 2021 - but will still be worse off than prior to the pandemic, a new report has found.\nNew analysis in the latest PwC-Demos Good Growth for Cities report revealed that cities such as Birmingham, Wolverhampton and Walsall saw their economies decrease by more than 11.7 per cent in 2020, yet they are predicted to recover more effectively that others in 2021 with growth rates of 4.8 per cent and higher.\nThat said, a return to pre-pandemic conditions will not necessarily instigate a dramatic upturn in economic activity and these city economies will still be smaller in 2021 than they were in 2019.\nOther key findings show Birmingham has one of the highest rates of workers on the UK Coronavirus Job Retention scheme, with Birmingham, Solihull and Stratford-upon-Avon all placing 8.9 per cent or more of its workforce on the scheme during 2020.\nBirmingham also has the highest take-up rate of Universal Credit, with 8.8 per cent of its population aged 16 to 64 claiming benefits in November 2020 compared to 4.8 per cent claiming benefits in January 2020.\nThe report suggests that West Midlands cities need to 'learn and embed' lessons from cities - such as Oxford, Leicester, Leeds and Edinburgh - which have performed more strongly in areas including jobs, health and skills, to drive 'more balanced and sustainable economic growth.'\nMatthew Hammond, Midlands region leader and Birmingham senior partner at PwC said: \"As a whole, cities in the Midlands have performed well on the environment, owner occupation and income distribution measures on the index.\n\"However, this positive performance is also coupled with lower scores in skills, jobs, income and work life balance, as well as the region suffering with high unemployment rates and a strong reliance by local businesses on the UK Coronavirus Job Retention scheme.\n\"Cities that have the highest proportion of younger people, such as Birmingham, Nottingham and Leicester are likely to face challenges in finding the right employment opportunities for young people. Young workers are therefore entering the labour force in one of the toughest economic environments, which will exacerbate unemployment rates, make employment opportunities even more competitive and potentially undermine social mobility efforts.\n\"To counter this, local leaders must look to invest in the skills needs of the region to support the next generation into the workforce.\"\nWant more business news straight to your inbox? BusinessLive is your home for business news from around the country - and you can stay in touch with all the latest news through our email alerts. You can sign up to receive daily morning news bulletins from every region we cover and to weekly email bulletins covering key economic sectors from manufacturing to technology and enterprise. And we'll send out breaking news alerts for any stories we think you can't miss. Visit our email preference centre to sign up to all the latest news from BusinessLive.\nMr Hammond added: \"The pandemic has also led to people living their life much closer to home and the likelihood is some of these lifestyle changes will stay for the medium-term.\n\"Citizens will value different things and those places that meet those needs will be the ones that bounce back quicker. This opens up opportunities for places that have advantages in terms of livability and community, and where ‘price of success’ factors, such as housing affordability, are less of an issue.\n\"Taking a broad approach to economic wellbeing and building resilience will be essential to create liveable vibrant places where people want to live, work and visit.\n\"The regions' significant growth over the past five years and long-term growth ambitions and investments in HS2, Coventry City of Culture and the Birmingham 2022 Commonwealth Games will also encourage strong conditions for a recovery.\"\nWhat do you think about the findings in the report? Share your views in the comments section below.\nThe Demos-PwC Good Growth for Cities Index ranks 42 of the UK's largest cities based on the public's assessment of 10 key economic wellbeing factors.\nPwC's analysis took into account a city's sectoral make-up, the impact of the use of the furlough scheme to protect jobs, and rates of Universal Credit claims, Covid infection and mobility rates.",
"West Midlands cities hardest hit by pandemic will recover faster",
"Birmingham, Wolverhampton and Walsall saw their economies decrease by nearly 12% in 2020"
] |
|
[
"Tom Houghton",
"Image",
"Colin Lane"
] | 2021-01-18T09:28:20 | null | 2021-01-18T09:10:13 |
The first - at Blackburn Cathedral - is already up and running
|
https%3A%2F%2Fwww.business-live.co.uk%2Feconomic-development%2Ffrank-whittle-partnership-works-speed-19645299.json
|
en
| null |
Frank Whittle Partnership works at speed to create mass and community vaccination centres across North West
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - North West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
A North West architecture, design and masterplanning practice has worked at speed to create community vaccination centres across the region, enabling tens of thousands to get their jabs.
Preston-based Frank Whittle Partnership's team of designers has rolled out seven mass vaccination and community vaccination centres across Lancashire and South Cumbria.
The first was at Blackburn Cathedral, which is now up and running, with plans to vaccinate around 2,000 people a day.
David Simmons, associate partner and interior designer, said: “We have worked very quickly to respond to the call to create these mass vaccination centres, which will play a massively important role in ending the pandemic in the UK.
“It has been a major challenge, but we have planned these centres in a matter of weeks, which is testament to the professionalism of the team we have here at FWP who have all risen to the task.
Sign up for your free BusinessLive North West newsletter BusinessLive is your home for business news from around the North West- and you can stay in touch with all the latest news from Greater Manchester, Liverpool City Region, Cheshire, Lancashire and Cumbria through our email alerts. You can sign up to receive daily morning news bulletins from every region we cover and to weekly email bulletins covering key economic sectors from manufacturing to technology and enterprise. And we'll send out breaking news alerts for any stories we think you can't miss. By bringing together North West coverage with that from across Reach’s titles in England and Wales, BusinessLive will shine a spotlight on the entrepreneurs, the stars of the future and the small firms that are the backbone of our economy. Visit our email preference centre to sign up to all the latest news from BusinessLive.
“To provide these vaccination facilities, we have had to identify and then evaluate suitable locations to ensure they meet all the NHS and key partner organisation requirements and have the facilities that are needed at hand."
The practice said the facilities had been designed and constructed from scratch "in a matter of weeks".
As well as designing the facilities, FWP has worked closely with the NHS Teams across Lancashire and South Cumbria and Lancashire and Cumbria Local Resilience Forum to review locations and buildings and oversee all the work on site.
The sites are part of the National Covid-19 vaccination programme.
Mr Simmons added: “We have also had to ensure our designs follow national plans, are adapted to suit the particular sites and are set out so they can cope with the large numbers of people that will be vaccinated daily.
“We’ve carried out surveys on the sites and our designers have then had to space plan the building, working with the clinical teams, the contractors and the police and military planners, who are all involved in getting the vaccination programme up and running.
“Public safety has also been paramount in all our work on the project.”
FWP, which has offices in Preston, Manchester and London, has previous experience in the healthcare sector - including a track record of delivering NHS projects in the North West over the last 25 years.
|
https://www.business-live.co.uk/economic-development/frank-whittle-partnership-works-speed-19645299
|
en
| 2021-01-18T00:00:00 |
www.business-live.co.uk/758a3ff0d8120779e699d2f3eeda3950b3454478804739c0908e18064b12ebbe.json
|
[
"Sign up to FREE email alerts from BusinessLive - North West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nA North West architecture, design and masterplanning practice has worked at speed to create community vaccination centres across the region, enabling tens of thousands to get their jabs.\nPreston-based Frank Whittle Partnership's team of designers has rolled out seven mass vaccination and community vaccination centres across Lancashire and South Cumbria.\nThe first was at Blackburn Cathedral, which is now up and running, with plans to vaccinate around 2,000 people a day.\nDavid Simmons, associate partner and interior designer, said: “We have worked very quickly to respond to the call to create these mass vaccination centres, which will play a massively important role in ending the pandemic in the UK.\n“It has been a major challenge, but we have planned these centres in a matter of weeks, which is testament to the professionalism of the team we have here at FWP who have all risen to the task.\nSign up for your free BusinessLive North West newsletter BusinessLive is your home for business news from around the North West- and you can stay in touch with all the latest news from Greater Manchester, Liverpool City Region, Cheshire, Lancashire and Cumbria through our email alerts. You can sign up to receive daily morning news bulletins from every region we cover and to weekly email bulletins covering key economic sectors from manufacturing to technology and enterprise. And we'll send out breaking news alerts for any stories we think you can't miss. By bringing together North West coverage with that from across Reach’s titles in England and Wales, BusinessLive will shine a spotlight on the entrepreneurs, the stars of the future and the small firms that are the backbone of our economy. Visit our email preference centre to sign up to all the latest news from BusinessLive.\n“To provide these vaccination facilities, we have had to identify and then evaluate suitable locations to ensure they meet all the NHS and key partner organisation requirements and have the facilities that are needed at hand.\"\nThe practice said the facilities had been designed and constructed from scratch \"in a matter of weeks\".\nAs well as designing the facilities, FWP has worked closely with the NHS Teams across Lancashire and South Cumbria and Lancashire and Cumbria Local Resilience Forum to review locations and buildings and oversee all the work on site.\nThe sites are part of the National Covid-19 vaccination programme.\nMr Simmons added: “We have also had to ensure our designs follow national plans, are adapted to suit the particular sites and are set out so they can cope with the large numbers of people that will be vaccinated daily.\n“We’ve carried out surveys on the sites and our designers have then had to space plan the building, working with the clinical teams, the contractors and the police and military planners, who are all involved in getting the vaccination programme up and running.\n“Public safety has also been paramount in all our work on the project.”\nFWP, which has offices in Preston, Manchester and London, has previous experience in the healthcare sector - including a track record of delivering NHS projects in the North West over the last 25 years.",
"Frank Whittle Partnership works at speed to create mass and community vaccination centres across North West",
"The first - at Blackburn Cathedral - is already up and running"
] |
|
[
"Owen Hughes",
"Image",
"Pa"
] | 2021-01-15T10:36:26 | null | 2021-01-15T09:18:20 |
The health and beauty retailer said it would temporarily close a number of its stores
|
https%3A%2F%2Fwww.business-live.co.uk%2Fretail-consumer%2Fsuperdrug-hibernate-small-proportion-stores-19630095.json
|
en
| null |
Superdrug to 'hibernate' small proportion of stores
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - Wales Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
Superdrug is temporarily closing a number of its UK stores.
The health and beauty retailer had kept all its shops open during the current lockdowns with the stores classed as "essential".
But this week a number of stores announced they would close after Saturday for a temporary period - including three in North Wales in Rhyl, Colwyn Bay and Llandudno.
A spokeswoman for Superdrug said: "Superdrug will be placing a small proportion of stores into temporary hibernation, focusing on keeping stores open that are critical to supporting communities.
"Pharmacy stores and nurse clinics will remain open so customers can still access prescriptions.
"The safety and wellbeing of our colleagues and customers is our primary concern and where we remain open we continue to provide the additional safety measures we have had in place since March to ensure our stores are covid-secure and we can continue to meet the essential product and healthcare needs of communities across the country.
Sign up to our BusinessLive Wales email service BusinessLive Wales is your new comprehensive home for business news from across Wales; from large corporates to exciting start-ups and sectors ranging from advanced manufacturing to financial and professional services. To sign up to our breaking news and daily newsletter service CLICK HERE.
As well as our in-depth early morning newsletter, we will be sending out regular breaking news email alerts.
"Whilst stores remain open, we would encourage customers to shop online at Superdrug.com where possible to reduce the need for a physical visit to store.
"If customers are in urgent need, they can use our same-day courier service operating from over 300 stores that delivers products from store to door."
To have your say on this story please use our comments section at the top of this article
|
https://www.business-live.co.uk/retail-consumer/superdrug-hibernate-small-proportion-stores-19630095
|
en
| 2021-01-15T00:00:00 |
www.business-live.co.uk/eda0953fbbe7f534c83a314d0025ea4130c1b31b99ded25da9f3856e6ece95fb.json
|
[
"Sign up to FREE email alerts from BusinessLive - Wales Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nSuperdrug is temporarily closing a number of its UK stores.\nThe health and beauty retailer had kept all its shops open during the current lockdowns with the stores classed as \"essential\".\nBut this week a number of stores announced they would close after Saturday for a temporary period - including three in North Wales in Rhyl, Colwyn Bay and Llandudno.\nA spokeswoman for Superdrug said: \"Superdrug will be placing a small proportion of stores into temporary hibernation, focusing on keeping stores open that are critical to supporting communities.\n\"Pharmacy stores and nurse clinics will remain open so customers can still access prescriptions.\n\"The safety and wellbeing of our colleagues and customers is our primary concern and where we remain open we continue to provide the additional safety measures we have had in place since March to ensure our stores are covid-secure and we can continue to meet the essential product and healthcare needs of communities across the country.\nSign up to our BusinessLive Wales email service BusinessLive Wales is your new comprehensive home for business news from across Wales; from large corporates to exciting start-ups and sectors ranging from advanced manufacturing to financial and professional services. To sign up to our breaking news and daily newsletter service CLICK HERE.\nAs well as our in-depth early morning newsletter, we will be sending out regular breaking news email alerts.\n\"Whilst stores remain open, we would encourage customers to shop online at Superdrug.com where possible to reduce the need for a physical visit to store.\n\"If customers are in urgent need, they can use our same-day courier service operating from over 300 stores that delivers products from store to door.\"\nTo have your say on this story please use our comments section at the top of this article",
"Superdrug to 'hibernate' small proportion of stores",
"The health and beauty retailer said it would temporarily close a number of its stores"
] |
|
[
"Sion Barry",
"Image",
"Getty Images"
] | 2021-01-22T09:34:32 | null | 2021-01-22T09:20:52 |
If the global economy is to revive it needs the US and China to reset their relationship
|
https%3A%2F%2Fwww.business-live.co.uk%2Fopinion-analysis%2Fcovid-china-define-joe-bidens-19678064.json
|
en
| null |
Covid and China will define Joe Biden's presidency
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - Wales Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
After what many would call the most surreal four years in American (and possibly global) politics, some sense of normality was restored to the United States earlier this week when Joe Biden was elected as the 46th President on the steps of the Capitol Building in Washington where, only two weeks earlier, supporters of Donald Trump had begun their protests against the results of the presidential election.
In what is still clearly a divided country politically, the new president will have a mountain to climb in order to bring people with deeply contrasting opinions to even listen to each other, never mind creating a consensus which many can live with.
However, this important test which was at the core of the inauguration address will have to take second place to the immediate economic challenges faced by Mr Biden, challenges that will have an impact not only on his own nation but also the rest of the global economy.
Clearly, his first priority will addressing the Covid-19 pandemic and the damage it has caused to the American economy since March, mainly as a result of his predecessor’s insouciance towards the biggest global health crisis since the 1920s. Not only does the USA have 25 million cases of Covid-19 and 400,000 deaths from the virus but the introduction of a vaccination programme intended to save lives and reopen the economy is far behind what was expected.
As in every other country, but obviously on a far larger scale, the biggest task for Joe Biden will be to control the spread of the virus without further damaging an economy that is in considerable difficulties.
Labour market statistics show that only half of the 22 million jobs lost in March and April when the United States locked down have returned and the situation seems to be getting worse. For example, the US economy is now losing more jobs than it is creating for the first time since the pandemic began with over 140,000 Americans being made unemployed in December.
To turn this around and stimulate a moribund US economy, the new administration will borrow $1.9 trillion with the aim of speeding up the vaccination programme, reopening schools and providing support to people and businesses.
Indeed, each US taxpayer will receive $1,400 each (on top of the $1,800 already given out by President Trump since March) and small businesses are expected to get an additional $15bn in grants and $35bn in low-interest loans.
Whether that will be enough is still open to debate especially as the new president called these eye watering sums a “down payment” on what may be needed in the future.
The next challenge for the new administration will be China and here is where it is expected that the same general approach will be taken as with Trump albeit in a more nuanced way. The incoming secretary of state, Tony Blinken, recently stated that he thought that whilst President Trump was right in taking a harder approach to China, he had gone about it the wrong way.
Whilst Donald Trump felt that the best way to deal with China was through a trade war and the banning of Chinese companies – most notably Huawei - from operating in the USA, this has had little effect.
In fact, rather than impacting on a Chinese economy that has grown during the global pandemic, it has instead slowed down the rest of the global economy as both individual businesses and industries have been affected by the sanctions both countries have imposed on each other.
With the Democrats keen to emphasise their support for human rights in China, it is unlikely there will be an instant thawing in the relations between the two countries which are already at their lowest levels since the 1970s.
However, if the global economy is to recover after the pandemic, America and China – as the two largest economies in the world, will have to find a way to co-exist together.
Finally, what does a Biden administration mean for the UK? Now that we have left the European Union, there was a hope earlier this year that Trump would have signed some sort of trade deal prior to leaving.
That will be way down the list of priorities for the new President as Covid-19, China as well as other domestic problems will be at the forefront of his mind for the foreseeable future.
Nevertheless, there are some areas of common interest between the UK and the USA, most notably in terms of the environmental agenda and the need to rebuild the global economy. The fact that Britain will be hosting the G7 Summit and UN climate change summit in Glasgow means there is at least a realistic prospect of forging stronger links than many expect and to set an agenda for a future partnership.
After what many would admit was a bizarre experience in diplomatic ties with one of our closest allies since 2017, this could be the perfect opportunity for Boris Johnson to show that the special relationship with America is still relevant to Britain’s economic future and, more importantly, for Mr Biden to do the same.
|
https://www.business-live.co.uk/opinion-analysis/covid-china-define-joe-bidens-19678064
|
en
| 2021-01-22T00:00:00 |
www.business-live.co.uk/20e70d63000dbd36f49afa34c846efe55884c192e6952ffd71c12bd3206725ad.json
|
[
"Sign up to FREE email alerts from BusinessLive - Wales Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nAfter what many would call the most surreal four years in American (and possibly global) politics, some sense of normality was restored to the United States earlier this week when Joe Biden was elected as the 46th President on the steps of the Capitol Building in Washington where, only two weeks earlier, supporters of Donald Trump had begun their protests against the results of the presidential election.\nIn what is still clearly a divided country politically, the new president will have a mountain to climb in order to bring people with deeply contrasting opinions to even listen to each other, never mind creating a consensus which many can live with.\nHowever, this important test which was at the core of the inauguration address will have to take second place to the immediate economic challenges faced by Mr Biden, challenges that will have an impact not only on his own nation but also the rest of the global economy.\nClearly, his first priority will addressing the Covid-19 pandemic and the damage it has caused to the American economy since March, mainly as a result of his predecessor’s insouciance towards the biggest global health crisis since the 1920s. Not only does the USA have 25 million cases of Covid-19 and 400,000 deaths from the virus but the introduction of a vaccination programme intended to save lives and reopen the economy is far behind what was expected.\nAs in every other country, but obviously on a far larger scale, the biggest task for Joe Biden will be to control the spread of the virus without further damaging an economy that is in considerable difficulties.\nLabour market statistics show that only half of the 22 million jobs lost in March and April when the United States locked down have returned and the situation seems to be getting worse. For example, the US economy is now losing more jobs than it is creating for the first time since the pandemic began with over 140,000 Americans being made unemployed in December.\nTo turn this around and stimulate a moribund US economy, the new administration will borrow $1.9 trillion with the aim of speeding up the vaccination programme, reopening schools and providing support to people and businesses.\nIndeed, each US taxpayer will receive $1,400 each (on top of the $1,800 already given out by President Trump since March) and small businesses are expected to get an additional $15bn in grants and $35bn in low-interest loans.\nWhether that will be enough is still open to debate especially as the new president called these eye watering sums a “down payment” on what may be needed in the future.\nThe next challenge for the new administration will be China and here is where it is expected that the same general approach will be taken as with Trump albeit in a more nuanced way. The incoming secretary of state, Tony Blinken, recently stated that he thought that whilst President Trump was right in taking a harder approach to China, he had gone about it the wrong way.\nWhilst Donald Trump felt that the best way to deal with China was through a trade war and the banning of Chinese companies – most notably Huawei - from operating in the USA, this has had little effect.\nIn fact, rather than impacting on a Chinese economy that has grown during the global pandemic, it has instead slowed down the rest of the global economy as both individual businesses and industries have been affected by the sanctions both countries have imposed on each other.\nWith the Democrats keen to emphasise their support for human rights in China, it is unlikely there will be an instant thawing in the relations between the two countries which are already at their lowest levels since the 1970s.\nHowever, if the global economy is to recover after the pandemic, America and China – as the two largest economies in the world, will have to find a way to co-exist together.\nFinally, what does a Biden administration mean for the UK? Now that we have left the European Union, there was a hope earlier this year that Trump would have signed some sort of trade deal prior to leaving.\nThat will be way down the list of priorities for the new President as Covid-19, China as well as other domestic problems will be at the forefront of his mind for the foreseeable future.\nNevertheless, there are some areas of common interest between the UK and the USA, most notably in terms of the environmental agenda and the need to rebuild the global economy. The fact that Britain will be hosting the G7 Summit and UN climate change summit in Glasgow means there is at least a realistic prospect of forging stronger links than many expect and to set an agenda for a future partnership.\nAfter what many would admit was a bizarre experience in diplomatic ties with one of our closest allies since 2017, this could be the perfect opportunity for Boris Johnson to show that the special relationship with America is still relevant to Britain’s economic future and, more importantly, for Mr Biden to do the same.",
"Covid and China will define Joe Biden's presidency",
"If the global economy is to revive it needs the US and China to reset their relationship"
] |
|
[
"Hannah Finch",
"Image",
"Theo Moye"
] | 2021-01-17T07:32:15 | null | 2021-01-17T07:00:00 |
Amazon’s Climate Pledge has made a commitment to be net zero carbon by 2040, a decade ahead of the Paris Agreement’s goal of 2050
|
https%3A%2F%2Fwww.business-live.co.uk%2Fretail-consumer%2Famazon-rolls-out-20-electric-19633278.json
|
en
| null |
Amazon rolls out 20 electric delivery vans in Exeter
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - South West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
The Amazon delivery station in Exeter has rolled out a fleet of 20 Mercedes-Benz electric vehicles as part of its zero-carbon commitments.
In August, Amazon announced plans to add more than 1,800 electric vehicles from Mercedes-Benz Vans to its EU delivery fleet, this year, including more than 500 in the UK.
Now, small independent logistics companies who make Amazon deliveries now have access to 20 zero-emission vehicles, helping to save tens of thousands of metric tons of carbon.
If you want more stories like this... You can sign up to our daily e-bulletin of business news in the South West or our weekly round-up of the best articles on enterprise and retail. Sign up here.
Kerry-Anne Lawlor, UK Country Director for Amazon Logistics said: “Amazon has added electric delivery vehicles from Mercedes-Benz as part of our journey to build the most sustainable transportation fleet in the world, and have been moving fast to get these vans on the road this year.”
Katie Parcell and Sam Pridham, owners of Exeter-based Hazel Winston Logistics said: “It’s really exciting to have our first electric vehicles on the road in Exeter and the response from drivers and customers has been fantastic.”
As part of The Climate Pledge, Amazon is investing in renewable energy as a critical step toward addressing our carbon footprint globally and has pledged to run on 100% renewable energy by 2025.
Amazon also recently announced plans to add 26 utility-scale wind and solar energy projects, totalling 3.4 GW of electricity production capacity, bringing its total investment in renewable energy in 2020 to 35 projects and more than 4 GW of capacity — the largest corporate investment in renewable energy in a single year. These new projects will make the company the largest-ever corporate purchaser of renewable energy.
Be part of the story - are we doing enough to meet out net zero carbon targets? Have your say in our comments section below
|
https://www.business-live.co.uk/retail-consumer/amazon-rolls-out-20-electric-19633278
|
en
| 2021-01-17T00:00:00 |
www.business-live.co.uk/8f57f6d7312a905668670b32e1b404afd82a3c50549f06f9e850f124855635c5.json
|
[
"Sign up to FREE email alerts from BusinessLive - South West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nThe Amazon delivery station in Exeter has rolled out a fleet of 20 Mercedes-Benz electric vehicles as part of its zero-carbon commitments.\nIn August, Amazon announced plans to add more than 1,800 electric vehicles from Mercedes-Benz Vans to its EU delivery fleet, this year, including more than 500 in the UK.\nNow, small independent logistics companies who make Amazon deliveries now have access to 20 zero-emission vehicles, helping to save tens of thousands of metric tons of carbon.\nIf you want more stories like this... You can sign up to our daily e-bulletin of business news in the South West or our weekly round-up of the best articles on enterprise and retail. Sign up here.\nKerry-Anne Lawlor, UK Country Director for Amazon Logistics said: “Amazon has added electric delivery vehicles from Mercedes-Benz as part of our journey to build the most sustainable transportation fleet in the world, and have been moving fast to get these vans on the road this year.”\nKatie Parcell and Sam Pridham, owners of Exeter-based Hazel Winston Logistics said: “It’s really exciting to have our first electric vehicles on the road in Exeter and the response from drivers and customers has been fantastic.”\nAs part of The Climate Pledge, Amazon is investing in renewable energy as a critical step toward addressing our carbon footprint globally and has pledged to run on 100% renewable energy by 2025.\nAmazon also recently announced plans to add 26 utility-scale wind and solar energy projects, totalling 3.4 GW of electricity production capacity, bringing its total investment in renewable energy in 2020 to 35 projects and more than 4 GW of capacity — the largest corporate investment in renewable energy in a single year. These new projects will make the company the largest-ever corporate purchaser of renewable energy.\nBe part of the story - are we doing enough to meet out net zero carbon targets? Have your say in our comments section below",
"Amazon rolls out 20 electric delivery vans in Exeter",
"Amazon’s Climate Pledge has made a commitment to be net zero carbon by 2040, a decade ahead of the Paris Agreement’s goal of 2050"
] |
|
[
"Alistair Houghton"
] | 2021-01-27T15:24:08 | null | 2021-01-27T14:53:33 |
The Prime Minister set out the details for schools in a statement to the House of Commons
|
https%3A%2F%2Fwww.business-live.co.uk%2Fenterprise%2Fprime-minister-says-lockdown-exit-19711664.json
|
en
| null |
Prime Minister says lockdown exit plan will come next month as schools could reopen from March 8
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - Enterprise Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
Prime Minister Boris Johnson says plans for taking the country out of lockdown will be revealed from Febuary 22 as he confirmed today that schools would stay shut for the time being and that new travel restrictions would be introduced.
In a statement to the House of Commons today ahead of a press conference in Downing Street tonight,the PM said it would not be possible for pupils to return to schools immediately after the February half-term.
He also said announced tougher measures to halt the arrival of new strains of coronavirus into the UK, including plans for a 10-day quarantine in hotels or other government-provided accommodation for travellers from high-risk "red list" countries.
Sign up for more business news straight to your inbox Stay up to date with our daily newsletter, email breaking news alerts and weekly round-ups. To sign up, find out more and see all of our newsletters, follow the link here
It covers states already subject to a travel ban due to concern over strains of coronavirus, including South Africa, Portugal and South American nations.
One trade body has warned the travel restrictions could hit the travel and aviation sectors.
Boris Johnson told the Commons: “The first sign of normality beginning to return should be pupils going back to their classrooms. I know how parents and teachers need as much certainty as possible including two weeks’ notice of the return of face-to-face teaching.
“So I must inform the House that for the reasons I have outlined it will not be possible to reopen schools immediately after the February half-term. But I know how frustrating that will be for pupils and teachers who want nothing more than to get back to the classroom."
The Prime Minister said the R rate had come down but that there was not enough data yet to show when the country could reopen.
He added: “What we do know is that we remain in a perilous situation with more than 37,000 patients now in hospital with Covid, almost double the peak of the first wave, but the overall picture should be clearer by mid-February. By then we will know much more about the effect of vaccines in preventing hospitalisations and deaths.
"So I can tell the House that when Parliament returns from recess in the week commencing 22nd February subject to the full agreement of the House, we intend to set out the results of that review and publish our plan for taking the country out of lockdown. That plan will of course depend on the continued success of our vaccination programme, the capacity of the NHS and on deaths falling at the pace we would expect as more people are inoculated.
“I know the measures I am setting out today will be deeply frustrating to many honourable friends and colleagues, and disappointing for all of us.
“But the way forward has been clear ever since the vaccines arrived and as we inoculate more people hour by hour, this is the time to hold our nerve in the end game of the battle against the virus.
“Our goal now must be to buy the extra weeks we need to immunise the most vulnerable and get this virus under control so that together we can defeat this most wretched disease, reclaim our lives once and for all.”
“If we achieve our target of vaccinating everyone in the four most vulnerable groups with their first dose by February 15, and every passing day sees more progress towards that goal, then those groups (will) have developed immunity from the virus about three-weeks later, that is by March 8.
“We hope it will therefore be safe to begin the reopening of schools from Monday, March 8... with other economic and social restrictions being removed thereafter as and when the data permits… then or thereafter I should say.”
The Prime Minister also updated the House on new border restrictions.
He said: “I want to make clear that under the stay at home regulations, it is illegal to leave home to travel abroad for leisure purposes and we will enforce this at ports and airports by asking people why they are leaving and instructing them to return home if they do not have a valid reason to travel.
“We have also banned all travel from 22 countries where there is a risk of known variants including South Africa, Portugal and South American nations.
“And in order to reduce the risk posed by UK nationals and residents returning home from these countries, I can announce that we will require all such arrivals who cannot be refused entry to isolate in Government provided accommodation, such as hotels, for 10 days without exception.
“They will be met at the airport and transported directly into quarantine. The Department of Health and Social Care is working to establish these facilities as quickly as possible.”
Paul Everitt, chief executive of air and defence trade body ADS, said: “These latest measures to restrict international travel will worsen the severe downturn in aviation and deepen the crisis in the UK aerospace industry.
“ Sector specific support must now be urgently delivered to ensure aerospace manufacturers and our supply chains can survive until these measures are lifted and demand returns.
“Travel and high value aerospace manufacturing are vital to the UK economy. A successful recovery will depend on quickly developing a strategy for travel restrictions and quarantine to be lifted, allowing trade and tourism to resume safely.
“The Government must work with international counterparts to put in place the resilient system needed to achieve this goal, including testing of passengers before and after travel, and travel corridors with our overseas partners that can be sustained.”
Be part of the conversation - how have school closures affected your work - let us know in the comments section below
|
https://www.business-live.co.uk/enterprise/prime-minister-says-lockdown-exit-19711664
|
en
| 2021-01-27T00:00:00 |
www.business-live.co.uk/930e375bbd71d93d2345b4e769eac3666b82bf4e523d84012512163eb8f2d1de.json
|
[
"Sign up to FREE email alerts from BusinessLive - Enterprise Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nPrime Minister Boris Johnson says plans for taking the country out of lockdown will be revealed from Febuary 22 as he confirmed today that schools would stay shut for the time being and that new travel restrictions would be introduced.\nIn a statement to the House of Commons today ahead of a press conference in Downing Street tonight,the PM said it would not be possible for pupils to return to schools immediately after the February half-term.\nHe also said announced tougher measures to halt the arrival of new strains of coronavirus into the UK, including plans for a 10-day quarantine in hotels or other government-provided accommodation for travellers from high-risk \"red list\" countries.\nSign up for more business news straight to your inbox Stay up to date with our daily newsletter, email breaking news alerts and weekly round-ups. To sign up, find out more and see all of our newsletters, follow the link here\nIt covers states already subject to a travel ban due to concern over strains of coronavirus, including South Africa, Portugal and South American nations.\nOne trade body has warned the travel restrictions could hit the travel and aviation sectors.\nBoris Johnson told the Commons: “The first sign of normality beginning to return should be pupils going back to their classrooms. I know how parents and teachers need as much certainty as possible including two weeks’ notice of the return of face-to-face teaching.\n“So I must inform the House that for the reasons I have outlined it will not be possible to reopen schools immediately after the February half-term. But I know how frustrating that will be for pupils and teachers who want nothing more than to get back to the classroom.\"\nThe Prime Minister said the R rate had come down but that there was not enough data yet to show when the country could reopen.\nHe added: “What we do know is that we remain in a perilous situation with more than 37,000 patients now in hospital with Covid, almost double the peak of the first wave, but the overall picture should be clearer by mid-February. By then we will know much more about the effect of vaccines in preventing hospitalisations and deaths.\n\"So I can tell the House that when Parliament returns from recess in the week commencing 22nd February subject to the full agreement of the House, we intend to set out the results of that review and publish our plan for taking the country out of lockdown. That plan will of course depend on the continued success of our vaccination programme, the capacity of the NHS and on deaths falling at the pace we would expect as more people are inoculated.\n“I know the measures I am setting out today will be deeply frustrating to many honourable friends and colleagues, and disappointing for all of us.\n“But the way forward has been clear ever since the vaccines arrived and as we inoculate more people hour by hour, this is the time to hold our nerve in the end game of the battle against the virus.\n“Our goal now must be to buy the extra weeks we need to immunise the most vulnerable and get this virus under control so that together we can defeat this most wretched disease, reclaim our lives once and for all.”\n“If we achieve our target of vaccinating everyone in the four most vulnerable groups with their first dose by February 15, and every passing day sees more progress towards that goal, then those groups (will) have developed immunity from the virus about three-weeks later, that is by March 8.\n“We hope it will therefore be safe to begin the reopening of schools from Monday, March 8... with other economic and social restrictions being removed thereafter as and when the data permits… then or thereafter I should say.”\nThe Prime Minister also updated the House on new border restrictions.\nHe said: “I want to make clear that under the stay at home regulations, it is illegal to leave home to travel abroad for leisure purposes and we will enforce this at ports and airports by asking people why they are leaving and instructing them to return home if they do not have a valid reason to travel.\n“We have also banned all travel from 22 countries where there is a risk of known variants including South Africa, Portugal and South American nations.\n“And in order to reduce the risk posed by UK nationals and residents returning home from these countries, I can announce that we will require all such arrivals who cannot be refused entry to isolate in Government provided accommodation, such as hotels, for 10 days without exception.\n“They will be met at the airport and transported directly into quarantine. The Department of Health and Social Care is working to establish these facilities as quickly as possible.”\nPaul Everitt, chief executive of air and defence trade body ADS, said: “These latest measures to restrict international travel will worsen the severe downturn in aviation and deepen the crisis in the UK aerospace industry.\n“ Sector specific support must now be urgently delivered to ensure aerospace manufacturers and our supply chains can survive until these measures are lifted and demand returns.\n“Travel and high value aerospace manufacturing are vital to the UK economy. A successful recovery will depend on quickly developing a strategy for travel restrictions and quarantine to be lifted, allowing trade and tourism to resume safely.\n“The Government must work with international counterparts to put in place the resilient system needed to achieve this goal, including testing of passengers before and after travel, and travel corridors with our overseas partners that can be sustained.”\nBe part of the conversation - how have school closures affected your work - let us know in the comments section below",
"Prime Minister says lockdown exit plan will come next month as schools could reopen from March 8",
"The Prime Minister set out the details for schools in a statement to the House of Commons"
] |
|
[
"Caroline Saul",
"Alan John",
"Image",
"Bristol Post",
"Handout"
] | 2021-01-20T16:56:44 | null | 2021-01-20T14:41:02 |
Alan John and Caroline Saul of law firm Osborne Clarke explain why the region's firms need to take action on climate change
|
https%3A%2F%2Fwww.business-live.co.uk%2Fpartners%2Fsouth-west-business-leaders-need-19664419.json
|
en
| null |
South West business leaders need to be ready to tackle the carbon challenge in 2021
| null | null |
www.business-live.co.uk
|
2020 may be remembered not only as the year of the pandemic but also as the start of a decade of extreme weather – extensive wild fires, extreme temperatures and devastating floods and droughts representing just some of the threats climate change is to our planet and populations.
Recent years have seen pressure mounting on businesses to take action on climate change and report on carbon emissions. But setting and implementing a clear business strategy on environmental sustainability and emissions reduction may understandably not have been a top priority for many of our local businesses engaged in addressing the immediate and unprecedented challenges of the pandemic and Brexit.
However in 2021 the pressure to do so from customers, investors and employees and increasing regulation will continue. The UK government's ambitious commitment to achieve net zero emissions of greenhouse gases by 2050 (with challenging intermediate milestones along the road to that date) requires every business to play its part.
Businesses will increasingly need to set and deliver against their own targets not only to achieve compliance but to retain business competitiveness.
The last year has seen many more global and leading UK businesses announcing voluntary emissions reduction and other sustainability commitments. Delivering against these will be vital both for the businesses concerned and for the many nations who, like the UK, have announced and will be monitoring progress towards net zero or similar reduction targets.
(Image: Handout)
Regulation will play an important role in supplementing voluntary sustainability ambitions, penalising carbon intensive products and practices and helping businesses on effective decarbonisation journeys.
Businesses will need to understand and navigate the evolving and complex regulatory and policy frameworks that govern the emission, capture, reporting and taxation of carbon. The drive towards decarbonisation of energy, construction, transport and supply chains will require extensive technological and behavioural change, a range of fiscal measures and new business and finance models.
Having the right legal and technical advisors will be crucial. At Osborne Clarke we have experts who can guide you through the complex and rapidly changing regulatory and business practice landscapes and help harness the many opportunities they present.
Environmental sustainability is embedded in our own business strategy. We've had an engaged and active employee sustainability group for over 20 years which has helped us implement a wide range of building management, resource use and efficiency and travel initiatives.
These in turn have contributed to a near halving of our UK carbon footprint over the past decade, despite having doubled our headcount during this time. Next year we will be moving into our new Bristol office at the Halo building in Finzels Reach, designed to be one of the most sustainable buildings in the UK.
To find out more and how we can help you contact one of our experts today or visit osborneclarke.com.
Alan John
[email protected]
osborneclarke.com/lawyers/alan-john
Caroline Saul
[email protected]
linkedin.com/in/carolinejsaul
|
https://www.business-live.co.uk/partners/south-west-business-leaders-need-19664419
|
en
| 2021-01-20T00:00:00 |
www.business-live.co.uk/da62e21ff06a78aca0159fa4e03a539c96e61b5d4a17b6a74173d6af184b8627.json
|
[
"2020 may be remembered not only as the year of the pandemic but also as the start of a decade of extreme weather – extensive wild fires, extreme temperatures and devastating floods and droughts representing just some of the threats climate change is to our planet and populations.\nRecent years have seen pressure mounting on businesses to take action on climate change and report on carbon emissions. But setting and implementing a clear business strategy on environmental sustainability and emissions reduction may understandably not have been a top priority for many of our local businesses engaged in addressing the immediate and unprecedented challenges of the pandemic and Brexit.\nHowever in 2021 the pressure to do so from customers, investors and employees and increasing regulation will continue. The UK government's ambitious commitment to achieve net zero emissions of greenhouse gases by 2050 (with challenging intermediate milestones along the road to that date) requires every business to play its part.\nBusinesses will increasingly need to set and deliver against their own targets not only to achieve compliance but to retain business competitiveness.\nThe last year has seen many more global and leading UK businesses announcing voluntary emissions reduction and other sustainability commitments. Delivering against these will be vital both for the businesses concerned and for the many nations who, like the UK, have announced and will be monitoring progress towards net zero or similar reduction targets.\n(Image: Handout)\nRegulation will play an important role in supplementing voluntary sustainability ambitions, penalising carbon intensive products and practices and helping businesses on effective decarbonisation journeys.\nBusinesses will need to understand and navigate the evolving and complex regulatory and policy frameworks that govern the emission, capture, reporting and taxation of carbon. The drive towards decarbonisation of energy, construction, transport and supply chains will require extensive technological and behavioural change, a range of fiscal measures and new business and finance models.\nHaving the right legal and technical advisors will be crucial. At Osborne Clarke we have experts who can guide you through the complex and rapidly changing regulatory and business practice landscapes and help harness the many opportunities they present.\nEnvironmental sustainability is embedded in our own business strategy. We've had an engaged and active employee sustainability group for over 20 years which has helped us implement a wide range of building management, resource use and efficiency and travel initiatives.\nThese in turn have contributed to a near halving of our UK carbon footprint over the past decade, despite having doubled our headcount during this time. Next year we will be moving into our new Bristol office at the Halo building in Finzels Reach, designed to be one of the most sustainable buildings in the UK.\nTo find out more and how we can help you contact one of our experts today or visit osborneclarke.com.\nAlan John\[email protected]\nosborneclarke.com/lawyers/alan-john\nCaroline Saul\[email protected]\nlinkedin.com/in/carolinejsaul",
"South West business leaders need to be ready to tackle the carbon challenge in 2021",
"Alan John and Caroline Saul of law firm Osborne Clarke explain why the region's firms need to take action on climate change"
] |
|
[
"Tom Houghton"
] | 2021-01-19T14:25:52 | null | 2021-01-19T14:07:51 |
The 1,000-bed development in Islington will be called 'True Liverpool'
|
https%3A%2F%2Fwww.business-live.co.uk%2Feconomic-development%2Flandmark-100m-former-elliot-group-19654048.json
|
en
| null |
Landmark £100m former Elliot Group student scheme set to open later this year as details and operator revealed
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - North West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
A landmark Liverpool student accommodation scheme that stalled when Elliot Group fell into administration is now set to open later this year, after a rescue deal for the £100m project was completed.
A new operator, True Student, has been revealed for the development on Erskine Street in Islington, which will contain 999 'luxury' bedrooms overlooking the city on a 1.14 acre site. It will be called True Liverpool.
It comes after a consortium of investors under the name Aura Investors LLP agreed a deal to take over the scheme back in October, with the Elliot Group having placed the scheme into administration in March.
The firm said the new development will provide a 'state-of-the-art' gym, study rooms, a festival zone and cinema room, as well as a top floor sky lounge and terrace, offering 360° panoramic views across the city.
Ben Morley, managing director of true student said “We’re excited to be bringing our award-winning offering to Liverpool. The expansion into Liverpool’s thriving domestic and international student market marks another step in establishing the brand as a major player in the PBSA management arena.
“True Liverpool will exemplify the trueLife experience, working hard to not only provide world-class student accommodation but to support and encourage our student guests through a market-leading programme of opportunities focused on wellbeing and personal development.”
Vermont, the firm originally hired to carry out work on site, restarted work in October after an agreement with the investors.
True Student is owned by The Bricks Group, which operates more than 3,500 beds across the UK.
Historically developer-operators, True Liverpool will mark the brand’s first role as property managers mid-construction.
Sign up for your free BusinessLive North West newsletter BusinessLive is your home for business news from around the North West- and you can stay in touch with all the latest news from Greater Manchester, Liverpool City Region, Cheshire, Lancashire and Cumbria through our email alerts. You can sign up to receive daily morning news bulletins from every region we cover and to weekly email bulletins covering key economic sectors from manufacturing to technology and enterprise. And we'll send out breaking news alerts for any stories we think you can't miss. By bringing together North West coverage with that from across Reach’s titles in England and Wales, BusinessLive will shine a spotlight on the entrepreneurs, the stars of the future and the small firms that are the backbone of our economy. Visit our email preference centre to sign up to all the latest news from BusinessLive.
Construction on the former Aura scheme stopped early in 2020 after it ran into financial difficulties.
The project - along with the Infinity towers scheme in Liverpool and The Residence in Salford - fell into administration.
Aura Investors LLP completed their takeover of the Liverpool scheme in December after the High Court approved the deal's structure.
According to Elliot Group founder Elliot Lawless, the deal came after he worked with joint administrators from David Rubin and Partners to transfer the freehold interest in the site to the consortium, as well as directly authorising the sale of a neighbouring piece of land held by the group.
In October, Anna Doeff, whose company Mewstone Ridges Ltd was the single largest investor in Aura - and who is a member of the investor consortium - said: “This has always been a very high-quality scheme in a prime location and I’m delighted that we can now complete it."
|
https://www.business-live.co.uk/economic-development/landmark-100m-former-elliot-group-19654048
|
en
| 2021-01-19T00:00:00 |
www.business-live.co.uk/75574e3ca29b1038256144981af24edb06bf72eb415220992882b95d1e3bae5f.json
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[
"Sign up to FREE email alerts from BusinessLive - North West Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nA landmark Liverpool student accommodation scheme that stalled when Elliot Group fell into administration is now set to open later this year, after a rescue deal for the £100m project was completed.\nA new operator, True Student, has been revealed for the development on Erskine Street in Islington, which will contain 999 'luxury' bedrooms overlooking the city on a 1.14 acre site. It will be called True Liverpool.\nIt comes after a consortium of investors under the name Aura Investors LLP agreed a deal to take over the scheme back in October, with the Elliot Group having placed the scheme into administration in March.\nThe firm said the new development will provide a 'state-of-the-art' gym, study rooms, a festival zone and cinema room, as well as a top floor sky lounge and terrace, offering 360° panoramic views across the city.\nBen Morley, managing director of true student said “We’re excited to be bringing our award-winning offering to Liverpool. The expansion into Liverpool’s thriving domestic and international student market marks another step in establishing the brand as a major player in the PBSA management arena.\n“True Liverpool will exemplify the trueLife experience, working hard to not only provide world-class student accommodation but to support and encourage our student guests through a market-leading programme of opportunities focused on wellbeing and personal development.”\nVermont, the firm originally hired to carry out work on site, restarted work in October after an agreement with the investors.\nTrue Student is owned by The Bricks Group, which operates more than 3,500 beds across the UK.\nHistorically developer-operators, True Liverpool will mark the brand’s first role as property managers mid-construction.\nSign up for your free BusinessLive North West newsletter BusinessLive is your home for business news from around the North West- and you can stay in touch with all the latest news from Greater Manchester, Liverpool City Region, Cheshire, Lancashire and Cumbria through our email alerts. You can sign up to receive daily morning news bulletins from every region we cover and to weekly email bulletins covering key economic sectors from manufacturing to technology and enterprise. And we'll send out breaking news alerts for any stories we think you can't miss. By bringing together North West coverage with that from across Reach’s titles in England and Wales, BusinessLive will shine a spotlight on the entrepreneurs, the stars of the future and the small firms that are the backbone of our economy. Visit our email preference centre to sign up to all the latest news from BusinessLive.\nConstruction on the former Aura scheme stopped early in 2020 after it ran into financial difficulties.\nThe project - along with the Infinity towers scheme in Liverpool and The Residence in Salford - fell into administration.\nAura Investors LLP completed their takeover of the Liverpool scheme in December after the High Court approved the deal's structure.\nAccording to Elliot Group founder Elliot Lawless, the deal came after he worked with joint administrators from David Rubin and Partners to transfer the freehold interest in the site to the consortium, as well as directly authorising the sale of a neighbouring piece of land held by the group.\nIn October, Anna Doeff, whose company Mewstone Ridges Ltd was the single largest investor in Aura - and who is a member of the investor consortium - said: “This has always been a very high-quality scheme in a prime location and I’m delighted that we can now complete it.\"",
"Landmark £100m former Elliot Group student scheme set to open later this year as details and operator revealed",
"The 1,000-bed development in Islington will be called 'True Liverpool'"
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