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[
"Chris Pyke",
"Image",
"Matthew Horwood"
] | 2021-01-11T05:22:08 | null | 2021-01-11T04:00:00 |
Health Minister Vaughan Gething to set out a series of milestones for when people will be offered a vaccine
|
https%3A%2F%2Fwww.business-live.co.uk%2Feconomic-development%2Fwelsh-government-outline-covid-vaccination-19599766.json
|
en
| null |
Welsh Government to outline its Covid vaccination plan
| 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
Health Minister Vaughan Gething will today publish the Welsh Government’s Covid Vaccination Plan, setting out a series of milestones for when people will be offered a vaccine.
The plan will describe how all eligible adults will be vaccinated.
It comes as Wales will publish daily vaccination figures from today – more than 70,000 people had received their first dose of the Covid vaccine by the end of last week.
To date, according to our sister site WalesOnline, Wales has been the least effective of the four UK nations at vaccinating people. Wales had administered just under 50,000 doses as of January 3.
It is equivalent to one in every 63.8 people. By comparison, England had vaccinated one in 50.6, Scotland one in 48.1 and Northern Ireland leading the way with vaccinating one in every 45 people.
There is also significant disparity across Wales with the north Wales health board Betsi Cadwaladr having vaccinated the fewest people relative to its population.
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.
According to the First Minister, Mark Drakeford, speaking at a press conference on Friday, Wales "started with just seven vaccination centres – today we have 22 and that will rise to 35".
He also said: "At the start of next week, 75 GP practices will be vaccinating. It will be 100 by next Friday and 250 by the end of the month. And we have 14 mobile units providing vaccinations to care homes around Wales."
|
https://www.business-live.co.uk/economic-development/welsh-government-outline-covid-vaccination-19599766
|
en
| 2021-01-11T00:00:00 |
www.business-live.co.uk/265f93d146e5c1678f0f8c2d3c31805da2ffef24a00753a7de0bfd271981b317.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\nHealth Minister Vaughan Gething will today publish the Welsh Government’s Covid Vaccination Plan, setting out a series of milestones for when people will be offered a vaccine.\nThe plan will describe how all eligible adults will be vaccinated.\nIt comes as Wales will publish daily vaccination figures from today – more than 70,000 people had received their first dose of the Covid vaccine by the end of last week.\nTo date, according to our sister site WalesOnline, Wales has been the least effective of the four UK nations at vaccinating people. Wales had administered just under 50,000 doses as of January 3.\nIt is equivalent to one in every 63.8 people. By comparison, England had vaccinated one in 50.6, Scotland one in 48.1 and Northern Ireland leading the way with vaccinating one in every 45 people.\nThere is also significant disparity across Wales with the north Wales health board Betsi Cadwaladr having vaccinated the fewest people relative to its population.\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.\nAccording to the First Minister, Mark Drakeford, speaking at a press conference on Friday, Wales \"started with just seven vaccination centres – today we have 22 and that will rise to 35\".\nHe also said: \"At the start of next week, 75 GP practices will be vaccinating. It will be 100 by next Friday and 250 by the end of the month. And we have 14 mobile units providing vaccinations to care homes around Wales.\"",
"Welsh Government to outline its Covid vaccination plan",
"Health Minister Vaughan Gething to set out a series of milestones for when people will be offered a vaccine"
] |
|
[
"Tom Pegden"
] | 2021-01-05T03:18:07 | null | 2021-01-05T03:00:00 |
Logistics site will eventually create around 7,500 jobs, with around 120 during the infrastructure construction phase
|
https%3A%2F%2Fwww.business-live.co.uk%2Fports-logistics%2Fconstruction-specialist-winvic-wins-1075m-19562209.json
|
en
| null |
Construction specialist Winvic wins £107.5m SEGRO Logistics Park Northampton Gateway 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
Construction specialist Winvic has won a £107.5 million contract to start the main infrastructure works at the SEGRO Logistics Park Northampton Gateway.
In addition to delivering road and rail improvements, the warehouse park – off Junction 15 of the M1 – will eventually create around 7,500 jobs, with around 120 during the infrastructure construction phase.
Winvic has been involved in a similar scheme for SEGRO at the East Midlands Gateway logistics park near Castle Donington on the Leicestershire/Derbyshire border.
The Northants scheme – designated a Nationally Significant Infrastructure Project – sits on a 450-acre site and, when complete, will have 5 million sq ft of industrial facilities and a Strategic Rail Freight Interchange capable of capable of handling 16, 2,500ft trains a day.
Winvic said improvements to the road network will include upgrades to Junctions 15 and 15a on the M1, a new bridge over the West Coast Mainline, a bypass around the village of Roade, improvements to the A45 and safer junctions along the A508.
Those changes will be delivered by Winvic in partnership with Highways England, Network Rail and local councils.
Winvic will also undertake an extensive landscaping programme with more than 80 acres of parkland and grassland to help mitigate the impact of the site, along with around 11 miles of footpaths and cycleways, 12 miles of hedgerows, and 60,000 new trees.
The first plots are scheduled to be ready for building construction to start in late 2021 and the infrastructure work is anticipated to be completed by the end of 2023.
Winvic’s contract for the infrastructure works is valued at £107.5 million.
Since the summer, Winvic has been carrying enabling works for SEGRO, including ecology, archaeology and geotechnical site investigations.
Activities beginning in January include:
– Demolition of existing unsafe buildings and removal of vegetation
– Ecological improvements, including relocating badger setts
– Exploratory service digging and service diversions
– The start of initial earthworks at Junction 15 of the M1
– Earthworks and water management operations for the industrial unit areas
Rob Cook, civils and infrastructure director at Winvic, said: “SEGRO is a long-standing client of ours so we’re delighted to have won the SEGRO Logistics Park Northampton Gateway contract.
“Our partnership is a proven success on similar large-scale schemes – such as SEGRO Logistics Park East Midlands Gateway – and Winvic is therefore no stranger to delivering Strategic Rail Freight schemes and managing cross-agency liaison – such as coordinating with local authorities and Highways England to mitigate disruption.
“Apart from this being a significant and exciting project, it’s fantastic be working in the town where our head office is located and to be able to deliver a substantial local employment skills programme with SEGRO.
“The enabling works we have managed to date have been delivered to schedule and the team is now very much looking forward to the 2021 main infrastructure phase on the 450-acre Nationally Significant Infrastructure Project.”
Andrew Pilsworth, SEGRO’s managing director for national logistics, said: “The start of construction at SEGRO Logistics Park Northampton Gateway is an exciting and positive milestone.
“Now more than ever we are witnessing the vital role logistics is playing in supporting the UK economy and it’s clear that businesses need well located, sustainable facilities from which they can meet their customers’ demands.
“SEGRO Park Northampton Gateway is perfectly located with easy access to key road networks and with the new rail links and Strategic Rail Freight Interchange, will present great opportunities for businesses to flourish.”
|
https://www.business-live.co.uk/ports-logistics/construction-specialist-winvic-wins-1075m-19562209
|
en
| 2021-01-05T00:00:00 |
www.business-live.co.uk/138a45129322a82ebf9bb22d14e02c6be1018df889d16b460ac3885f58341ca6.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\nConstruction specialist Winvic has won a £107.5 million contract to start the main infrastructure works at the SEGRO Logistics Park Northampton Gateway.\nIn addition to delivering road and rail improvements, the warehouse park – off Junction 15 of the M1 – will eventually create around 7,500 jobs, with around 120 during the infrastructure construction phase.\nWinvic has been involved in a similar scheme for SEGRO at the East Midlands Gateway logistics park near Castle Donington on the Leicestershire/Derbyshire border.\nThe Northants scheme – designated a Nationally Significant Infrastructure Project – sits on a 450-acre site and, when complete, will have 5 million sq ft of industrial facilities and a Strategic Rail Freight Interchange capable of capable of handling 16, 2,500ft trains a day.\nWinvic said improvements to the road network will include upgrades to Junctions 15 and 15a on the M1, a new bridge over the West Coast Mainline, a bypass around the village of Roade, improvements to the A45 and safer junctions along the A508.\nThose changes will be delivered by Winvic in partnership with Highways England, Network Rail and local councils.\nWinvic will also undertake an extensive landscaping programme with more than 80 acres of parkland and grassland to help mitigate the impact of the site, along with around 11 miles of footpaths and cycleways, 12 miles of hedgerows, and 60,000 new trees.\nThe first plots are scheduled to be ready for building construction to start in late 2021 and the infrastructure work is anticipated to be completed by the end of 2023.\nWinvic’s contract for the infrastructure works is valued at £107.5 million.\nSince the summer, Winvic has been carrying enabling works for SEGRO, including ecology, archaeology and geotechnical site investigations.\nActivities beginning in January include:\n– Demolition of existing unsafe buildings and removal of vegetation\n– Ecological improvements, including relocating badger setts\n– Exploratory service digging and service diversions\n– The start of initial earthworks at Junction 15 of the M1\n– Earthworks and water management operations for the industrial unit areas\nRob Cook, civils and infrastructure director at Winvic, said: “SEGRO is a long-standing client of ours so we’re delighted to have won the SEGRO Logistics Park Northampton Gateway contract.\n“Our partnership is a proven success on similar large-scale schemes – such as SEGRO Logistics Park East Midlands Gateway – and Winvic is therefore no stranger to delivering Strategic Rail Freight schemes and managing cross-agency liaison – such as coordinating with local authorities and Highways England to mitigate disruption.\n“Apart from this being a significant and exciting project, it’s fantastic be working in the town where our head office is located and to be able to deliver a substantial local employment skills programme with SEGRO.\n“The enabling works we have managed to date have been delivered to schedule and the team is now very much looking forward to the 2021 main infrastructure phase on the 450-acre Nationally Significant Infrastructure Project.”\nAndrew Pilsworth, SEGRO’s managing director for national logistics, said: “The start of construction at SEGRO Logistics Park Northampton Gateway is an exciting and positive milestone.\n“Now more than ever we are witnessing the vital role logistics is playing in supporting the UK economy and it’s clear that businesses need well located, sustainable facilities from which they can meet their customers’ demands.\n“SEGRO Park Northampton Gateway is perfectly located with easy access to key road networks and with the new rail links and Strategic Rail Freight Interchange, will present great opportunities for businesses to flourish.”",
"Construction specialist Winvic wins £107.5m SEGRO Logistics Park Northampton Gateway contract",
"Logistics site will eventually create around 7,500 jobs, with around 120 during the infrastructure construction phase"
] |
|
[
"Laura Watson"
] | 2021-01-22T09:33:41 | null | 2021-01-22T09:05:00 |
There were 21 per cent more companies in financial distress in the last three months of 2020 than in 2019
|
https%3A%2F%2Fwww.business-live.co.uk%2Feconomic-development%2Falmost-2000-stoke-trent-businesses-19671434.json
|
en
| null |
Almost 2,000 Stoke-on-Trent businesses are in 'significant' financial distress
| 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
Almost 2,000 businesses in Stoke-on-Trent are in 'significant' financial distress as the global pandemic continues to take its toll on the economy.
A new report from insolvency specialist Begbies Traynor found that 1,876 Potteries-based businesses are in financial distress - 21 per cent more than the same period in 2019.
The latest Red Flag alert research - which is based on the last three months of 2020 - found that some sectors in the city faced greater financial difficulty than others, including read estate and property and manufacturing.
And even though some sectors showed signs of relative stability over the past quarter - including telecommunications and IT - businesses are still facing a tough outlook.
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.
Diane Dunion, partner at Begbies Traynor in Stoke-on-Trent, said: "These figures give an insight into some of the financial stresses that have been building in Stoke-on-Trent businesses over the last year, and many businesses have been dealt another body blow by the latest lockdown.
"2020 was a devastating year for thousands of businesses as they fell deeper into financial distress and the first quarter of 2021 seems to be offering little hope of an upturn in the market.
"The Government's extended furlough and financial support measures will provide some relief and certainly save a significant number of businesses from entering into insolvency in the short term, however this simply won’t be enough to save every business.
"And although the UK's announcement of a trade deal with the EU and the roll-out of Covid-19 vaccines offer some light at the end of a very dark tunnel, it is likely to be some time before we see any sort of recovery."
Nationally - between October and December 2020 - 630,000 businesses are in 'significant distress'.
This is up 27 per cent year-on-year, and represents the largest numerical quarterly increase (13 percent) in financially distressed companies since the second quarter of 2017 – equivalent to 73,000 ailing businesses.
|
https://www.business-live.co.uk/economic-development/almost-2000-stoke-trent-businesses-19671434
|
en
| 2021-01-22T00:00:00 |
www.business-live.co.uk/4a8dcbcac61d702b28e840ad9a4512be868c21a99088189fbd0a510244bfddd5.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\nAlmost 2,000 businesses in Stoke-on-Trent are in 'significant' financial distress as the global pandemic continues to take its toll on the economy.\nA new report from insolvency specialist Begbies Traynor found that 1,876 Potteries-based businesses are in financial distress - 21 per cent more than the same period in 2019.\nThe latest Red Flag alert research - which is based on the last three months of 2020 - found that some sectors in the city faced greater financial difficulty than others, including read estate and property and manufacturing.\nAnd even though some sectors showed signs of relative stability over the past quarter - including telecommunications and IT - businesses are still facing a tough outlook.\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.\nDiane Dunion, partner at Begbies Traynor in Stoke-on-Trent, said: \"These figures give an insight into some of the financial stresses that have been building in Stoke-on-Trent businesses over the last year, and many businesses have been dealt another body blow by the latest lockdown.\n\"2020 was a devastating year for thousands of businesses as they fell deeper into financial distress and the first quarter of 2021 seems to be offering little hope of an upturn in the market.\n\"The Government's extended furlough and financial support measures will provide some relief and certainly save a significant number of businesses from entering into insolvency in the short term, however this simply won’t be enough to save every business.\n\"And although the UK's announcement of a trade deal with the EU and the roll-out of Covid-19 vaccines offer some light at the end of a very dark tunnel, it is likely to be some time before we see any sort of recovery.\"\nNationally - between October and December 2020 - 630,000 businesses are in 'significant distress'.\nThis is up 27 per cent year-on-year, and represents the largest numerical quarterly increase (13 percent) in financially distressed companies since the second quarter of 2017 – equivalent to 73,000 ailing businesses.",
"Almost 2,000 Stoke-on-Trent businesses are in 'significant' financial distress",
"There were 21 per cent more companies in financial distress in the last three months of 2020 than in 2019"
] |
|
[
"Coreena Ford",
"Image",
"Home Cinema Hire"
] | 2021-01-27T13:51:25 | null | 2021-01-27T12:20:59 |
Home Cinema Hire has proved so successful it will likely be rolled out as a national franchise
|
https%3A%2F%2Fwww.business-live.co.uk%2Fenterprise%2Fleeds-entrepreneur-launches-pop-up-19709724.json
|
en
| null |
Leeds entrepreneur launches 'pop up' home cinema hire 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 Leeds entrepreneur behind a business which allows families to recreate cinema experiences at home is exploring options for a national franchise.
Chris Tinson, who has run Veritas Recruitment Solutions in Yorkshire for the last 11 years, launched pop up cinema hire firm Home Cinema Hire Leeds during the first national lockdown.
He created the concept after searching for things to do with his two young sons, hitting upon the idea of bringing the cinema into his home as his family couldn’t go anywhere to see a movie with lockdown forcing the closure of leisure venues.
He said: “By the end of lockdown one, like many families, we had tried every physical and virtual game and activity possible, and so I came up with the idea of creating my very own cinema experience.
“The idea was to set-up a giant cinema screen at home whereby I could stage a movie night with my family or when the restrictions eased invite people in my bubble to watch the football or a boxing match in the cinema-style setting.
“It then occurred to me that there must be a demand for families like my own that are unable to go out and don’t have the space or luxury of having a cinema room but want to experience their own ‘Everyman’ at home.”
He quickly saw a gap in the market and invested in several large indoor and outdoor screens with the top of the range BOSE sound system and high definition 4k HD projectors, so families could experience their very own movie night at home.
(Image: Home Cinema Hire)
Mr Tinson says prices for hiring the screens are no more expensive than a family trip to the cinema with food and drink, with the 2m x 1m indoor screen starting at £100 for 24-hour hire, and the outdoor screen, which is 4.2m x 3m, starting at £160 for 24 hours.
Through the power of social media, popularity for the service has quickly spread, leading to requests from all over the country for the service.
Mr Tinson said: “I began promoting the screens on social media, and within a matter of weeks had up to 70 bookings per month.
“Since the latest Government restrictions, we have seen another surge in bookings. The price point makes the hire of the screens extremely accessible to all budgets and more importantly helps drive home the Government’s message of ‘stay home’.”
“I’m currently in the process of developing a national franchise scheme for Home Cinema Hire, and if the demand continues at this pace, I hope to have it in place in 2021."
|
https://www.business-live.co.uk/enterprise/leeds-entrepreneur-launches-pop-up-19709724
|
en
| 2021-01-27T00:00:00 |
www.business-live.co.uk/a148b4ce3e3e7b5db5d26c075bafc682377bc76b928966bdfb83bb8389fceda2.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 Leeds entrepreneur behind a business which allows families to recreate cinema experiences at home is exploring options for a national franchise.\nChris Tinson, who has run Veritas Recruitment Solutions in Yorkshire for the last 11 years, launched pop up cinema hire firm Home Cinema Hire Leeds during the first national lockdown.\nHe created the concept after searching for things to do with his two young sons, hitting upon the idea of bringing the cinema into his home as his family couldn’t go anywhere to see a movie with lockdown forcing the closure of leisure venues.\nHe said: “By the end of lockdown one, like many families, we had tried every physical and virtual game and activity possible, and so I came up with the idea of creating my very own cinema experience.\n“The idea was to set-up a giant cinema screen at home whereby I could stage a movie night with my family or when the restrictions eased invite people in my bubble to watch the football or a boxing match in the cinema-style setting.\n“It then occurred to me that there must be a demand for families like my own that are unable to go out and don’t have the space or luxury of having a cinema room but want to experience their own ‘Everyman’ at home.”\nHe quickly saw a gap in the market and invested in several large indoor and outdoor screens with the top of the range BOSE sound system and high definition 4k HD projectors, so families could experience their very own movie night at home.\n(Image: Home Cinema Hire)\nMr Tinson says prices for hiring the screens are no more expensive than a family trip to the cinema with food and drink, with the 2m x 1m indoor screen starting at £100 for 24-hour hire, and the outdoor screen, which is 4.2m x 3m, starting at £160 for 24 hours.\nThrough the power of social media, popularity for the service has quickly spread, leading to requests from all over the country for the service.\nMr Tinson said: “I began promoting the screens on social media, and within a matter of weeks had up to 70 bookings per month.\n“Since the latest Government restrictions, we have seen another surge in bookings. The price point makes the hire of the screens extremely accessible to all budgets and more importantly helps drive home the Government’s message of ‘stay home’.”\n“I’m currently in the process of developing a national franchise scheme for Home Cinema Hire, and if the demand continues at this pace, I hope to have it in place in 2021.\"",
"Leeds entrepreneur launches 'pop up' home cinema hire business",
"Home Cinema Hire has proved so successful it will likely be rolled out as a national franchise"
] |
|
[
"Laura Watson"
] | 2021-01-18T06:22:24 | null | 2021-01-18T03:00:00 |
Stoke-on-Trent-based Aware Digital has launched a recruitment drive after winning a host of new contracts
|
https%3A%2F%2Fwww.business-live.co.uk%2Fenterprise%2Fdigital-agency-reveals-plans-double-19630487.json
|
en
| null |
Digital agency reveals plans to double workforce in 2021
| 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 e-commerce specialist has revealed plans to double its workforce in 2021 after winning a host of new contracts.
Stoke-on-Trent-based Aware Digital’s search for new recruits follows an expansion of its service offering in the last six months.
The five-strong company – which was set-up in 2018 by brothers Andrew and Richard Jones – has also become the first company in Staffordshire to partner with e-commerce platform Big Commerce which is geared up to help businesses grow online.
Now Aware is looking to create up to seven new jobs across the business in the next 12 months.
This is in addition to a new marketing manager role which was created at the business in October.
Director Andrew Jones said: “We can now offer marketing and SEO for small businesses, we are no longer just about web development and design.
“We brought our marketing manager, Katie Brooks, on to help market ourselves as a business, but we have picked up clients along the way because they are happy with the work we have already done on their sites.
“Now we are looking for an SEO expert to join our team, as well as new developers.”
Andrew added: “We are looking to grow the team to eight people by at least March and then we’re looking to be at about 10 or 12 by the end of the year, if we can grow both the marketing and development sides of the business.
“We are also looking for university students from Staffordshire and Keele to join us on a one-year placement in web design and development and marketing.
“We are hoping that people will start to come back into the office after lockdown, and we have the space to expand when the time comes.”
Click here to sign up to the daily BusinessLive email
Aware counts a number of successful local businesses among its clients including pumps supplier TT Pumps, gift wholesaler Nemesis Now and Axair Fans UK Limited.
But it has been able to grow its client base even more during the coronavirus crisis by attracting businesses looking to upgrade and improve their websites.
Andrew said: “During the pandemic, a lot of people have realised that they need an online presence that’s tailored to their customers if they are going to get the sales.
“And some businesses which are running old software have realised that they’re not doing enough to be where others in their industry are.
“It’s a lot more competitive now and we do a really good job of helping businesses stand out. We are a little bit smaller than other agencies but we are growing and when we get to the next level we are determined not to lose who we are as a business.”
|
https://www.business-live.co.uk/enterprise/digital-agency-reveals-plans-double-19630487
|
en
| 2021-01-18T00:00:00 |
www.business-live.co.uk/bd83d491be3f552f404e168483a1465ffee6dd1842794c35cfb041778f544e80.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 e-commerce specialist has revealed plans to double its workforce in 2021 after winning a host of new contracts.\nStoke-on-Trent-based Aware Digital’s search for new recruits follows an expansion of its service offering in the last six months.\nThe five-strong company – which was set-up in 2018 by brothers Andrew and Richard Jones – has also become the first company in Staffordshire to partner with e-commerce platform Big Commerce which is geared up to help businesses grow online.\nNow Aware is looking to create up to seven new jobs across the business in the next 12 months.\nThis is in addition to a new marketing manager role which was created at the business in October.\nDirector Andrew Jones said: “We can now offer marketing and SEO for small businesses, we are no longer just about web development and design.\n“We brought our marketing manager, Katie Brooks, on to help market ourselves as a business, but we have picked up clients along the way because they are happy with the work we have already done on their sites.\n“Now we are looking for an SEO expert to join our team, as well as new developers.”\nAndrew added: “We are looking to grow the team to eight people by at least March and then we’re looking to be at about 10 or 12 by the end of the year, if we can grow both the marketing and development sides of the business.\n“We are also looking for university students from Staffordshire and Keele to join us on a one-year placement in web design and development and marketing.\n“We are hoping that people will start to come back into the office after lockdown, and we have the space to expand when the time comes.”\nClick here to sign up to the daily BusinessLive email\nAware counts a number of successful local businesses among its clients including pumps supplier TT Pumps, gift wholesaler Nemesis Now and Axair Fans UK Limited.\nBut it has been able to grow its client base even more during the coronavirus crisis by attracting businesses looking to upgrade and improve their websites.\nAndrew said: “During the pandemic, a lot of people have realised that they need an online presence that’s tailored to their customers if they are going to get the sales.\n“And some businesses which are running old software have realised that they’re not doing enough to be where others in their industry are.\n“It’s a lot more competitive now and we do a really good job of helping businesses stand out. We are a little bit smaller than other agencies but we are growing and when we get to the next level we are determined not to lose who we are as a business.”",
"Digital agency reveals plans to double workforce in 2021",
"Stoke-on-Trent-based Aware Digital has launched a recruitment drive after winning a host of new contracts"
] |
|
[
"Tom Houghton"
] | 2021-01-28T09:48:36 | null | 2021-01-28T08:53:33 |
It's the first major project undertaken by Sciontec Liverpool
|
https%3A%2F%2Fwww.business-live.co.uk%2Feconomic-development%2Fmajor-works-underway-liverpool-science-19716154.json
|
en
| null |
Major works underway at Liverpool Science Park as plans revealed for three-storey co-working, coffee and lobby building
| 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
Major works are underway at Liverpool Science Park (LSP) to create a three-storey, glassed lobby area complete with a coffee shop, co-working and communal space.
The new facility will be accessible from Mount Pleasant, with it part of new owner Sciontec Liverpool's pledge to reinvest in the park's buildings.
It's hoped to result in a more accessible, reconfigured entryway for visitors and customers, with Land Coffee set to open a pop-up cafe and an adjoining outside seating area looking out onto the Liverpool Metropolitan Cathedral Piazza. That's as well as opening up opportunities for business collaboration and growth.
Colin Sinclair, CEO of Sciontec Liverpool and director of Liverpool Science Park, said: “We are proud to be investing in and transforming the LSP facilities, enhancing the working environment for our customers for years to come.
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 upgraded entrance way features have been designed in response to changing customer demands, providing spacious areas in which our science and tech community can work, socialise and collaborate within an innovative environment.”
Works began in October and are due for completion in March, and have been allowed to continue throughout lockdown.
It's the first major project undertaken by Sciontec Liverpool, with other development schemes being planned across the next five years.
The facility is home to 70 science, technology and knowledge-based organisations.
|
https://www.business-live.co.uk/economic-development/major-works-underway-liverpool-science-19716154
|
en
| 2021-01-28T00:00:00 |
www.business-live.co.uk/039d42061743afb723fd6610138338e555d7e82decaf6689e529d603d8549881.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\nMajor works are underway at Liverpool Science Park (LSP) to create a three-storey, glassed lobby area complete with a coffee shop, co-working and communal space.\nThe new facility will be accessible from Mount Pleasant, with it part of new owner Sciontec Liverpool's pledge to reinvest in the park's buildings.\nIt's hoped to result in a more accessible, reconfigured entryway for visitors and customers, with Land Coffee set to open a pop-up cafe and an adjoining outside seating area looking out onto the Liverpool Metropolitan Cathedral Piazza. That's as well as opening up opportunities for business collaboration and growth.\nColin Sinclair, CEO of Sciontec Liverpool and director of Liverpool Science Park, said: “We are proud to be investing in and transforming the LSP facilities, enhancing the working environment for our customers for years to come.\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“The upgraded entrance way features have been designed in response to changing customer demands, providing spacious areas in which our science and tech community can work, socialise and collaborate within an innovative environment.”\nWorks began in October and are due for completion in March, and have been allowed to continue throughout lockdown.\nIt's the first major project undertaken by Sciontec Liverpool, with other development schemes being planned across the next five years.\nThe facility is home to 70 science, technology and knowledge-based organisations.",
"Major works underway at Liverpool Science Park as plans revealed for three-storey co-working, coffee and lobby building",
"It's the first major project undertaken by Sciontec Liverpool"
] |
|
[
"Owen Hughes",
"Image",
"Ian Cooper North Wales Live",
"Welsh Government"
] | 2021-01-28T11:16:48 | null | 2021-01-28T10:04:51 |
First Minister Mark Drakeford will reveal exactly how £200m will be spent on Friday
|
https%3A%2F%2Fwww.business-live.co.uk%2Feconomic-development%2Feconomy-minister-ken-skates-says-19715844.json
|
en
| null |
Economy minister Ken Skates says new business funding will be rolled out rapidly
| 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
Economy minister Ken Skates says the next raft of funding will be rapidly rolled out and that it has been shaped to meet needs of businesses left in lockdown.
Wales was placed into Alert Level 4 lockdown on December 20 with hospitality, leisure and non-essential retail closed.
Business resilience funding was rolled out - while many but not all hospitality, tourism and leisure firms have been able to apply for additional help from the Sector Specific Grant.
But many companies have now gone over a month without additional funds, calling for clarity on future support.
First minister Mark Drakeford will tomorrow reveal how a new £200m pot of funding will be spent to support businesses in the coming weeks.
It comes as it is expected Welsh firms will remain in lockdown for at least another three weeks.
Economy minister Ken Skates said: "The aim is to maintain a consistency of approach during the Level 4 Alert period so businesses can have that surety of being able to get through to the next financial year with Government support to the same degree they've had to date, should it be required.
"We are on a three weekly basis reviewing where we are in terms of transmission rates, infection rates and test positivity.
(Image: Welsh Government)
"We'll be announcing full details in the coming days to make sure there is a seamless transition through to the next period of financial support."
He praised local authorities for getting money out to businesses rapidly and said the new funds will be allocated in a similar way to the business resilience fund.
He added: "The aim is to get it out in a seamless and smooth way, so utilising the same structures is the aim so it will be a shorter wait for businesses."
On asked whether £200m would be sufficient to support the businesses who need help, he said: "We have based it on the figures we know are accurate, the number of enterprises that are going to require this support, should it be required because of Alert Level 4 being maintained.
"So we know exactly what quantum of businesses require support and we shape the offer around that figure.
"Based on everything we know right now across the UK it will enable us to maintain the most generous package of support for businesses anywhere in the UK."
Sector Specific Grant
Mr Skates said the £180m Sector Specific Grant has had more than 8,000 applications and he added: "We've been able to deposit millions of pounds from that fund in businesses that applied early."
He added: "That is going to benefit the last majority of businesses within the sector across Wales.
"Here in North Wales that fund is particularly important given the prevalence of the sector. North Wales to a great degree is pretty unique in the United Kingdom in that it is a region that has a particular reliance on tourism and hospitality, not just on the coastal area but inland as well."
With money still available they are keeping the application process open for longer to make sure as many businesses as possible benefit from it.
'Willing to listen'
He added: "Then if we do not spend the amount we allocated to it then we'll be seeking to try to utilise that money again for business support.
"We are always willing to listen to businesses and employer organisations, trade unions and local authorities in regard to how we can best support people to remain in employment and having the best support for businesses at this time.
"Further support will be dependent on what the UK Government might do. We're not going to jump the gun on the UK Government because there may be an announcement, there may not be, about an extension of the Job Retention Scheme.
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.
"We sincerely hope there will be, we've written to the chancellor asking for that.
"If there is then we can, in future rounds of support, shape our support around what the UK Government's responsible for and what the UK Government is doing.
Compliment not duplicate
"If decisions are made not to offer up support for sectors or for particular groups that have fallen through the gaps then again we would attempt to address those concerns with support from Welsh Government.
"Our role all along has been to compliment, not duplicate what the Uk Government has been offering to make sure we give the best and most comprehensive package of support for businesses in Wales."
He praised the contact that was taking place between business and economy ministers and officials in all the administrations in the UK because he said "people want to see their politicians working together where there is a common challenge that we face".
He said: "Constructive relationships leads to constructive outcomes and there are instances I can point to where UK Government has changed policy as a result of a constructive working relationship ministers there have with us, like the work with CBILS."
He said Welsh Government support has ensured they have kept 125,000 people in employment and helped keep Wales's unemployment level (4.6%) below the Uk average (5%) despite so many sectors in Wales being "so exposed".
He added: "Ultimately what we want to do is protect jobs. It is jobs, jobs, jobs as far as we are concerned.
"We want to prevent people from experiencing the long term scarring effects of unemployment.
"We are still striving to protect every viable businesses that we can.
"We have lost businesses, we have lost businesses in part because they've fallen through the gaps but also because we've seen an acceleration of change that was already underway.
"The transition taking place on the high street, to a significant degree coronavirus has accelerated the move towards online retail.
"We had to be there first and foremost to support sustainable businesses, businesses that would survive in ordinary times.
"We knew back then we were already going through a tremendous period of change."
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/economy-minister-ken-skates-says-19715844
|
en
| 2021-01-28T00:00:00 |
www.business-live.co.uk/91f446e4d4b0c9e76ca9f0dc016f5616f6706fb13339144d9360ff8b21131713.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\nEconomy minister Ken Skates says the next raft of funding will be rapidly rolled out and that it has been shaped to meet needs of businesses left in lockdown.\nWales was placed into Alert Level 4 lockdown on December 20 with hospitality, leisure and non-essential retail closed.\nBusiness resilience funding was rolled out - while many but not all hospitality, tourism and leisure firms have been able to apply for additional help from the Sector Specific Grant.\nBut many companies have now gone over a month without additional funds, calling for clarity on future support.\nFirst minister Mark Drakeford will tomorrow reveal how a new £200m pot of funding will be spent to support businesses in the coming weeks.\nIt comes as it is expected Welsh firms will remain in lockdown for at least another three weeks.\nEconomy minister Ken Skates said: \"The aim is to maintain a consistency of approach during the Level 4 Alert period so businesses can have that surety of being able to get through to the next financial year with Government support to the same degree they've had to date, should it be required.\n\"We are on a three weekly basis reviewing where we are in terms of transmission rates, infection rates and test positivity.\n(Image: Welsh Government)\n\"We'll be announcing full details in the coming days to make sure there is a seamless transition through to the next period of financial support.\"\nHe praised local authorities for getting money out to businesses rapidly and said the new funds will be allocated in a similar way to the business resilience fund.\nHe added: \"The aim is to get it out in a seamless and smooth way, so utilising the same structures is the aim so it will be a shorter wait for businesses.\"\nOn asked whether £200m would be sufficient to support the businesses who need help, he said: \"We have based it on the figures we know are accurate, the number of enterprises that are going to require this support, should it be required because of Alert Level 4 being maintained.\n\"So we know exactly what quantum of businesses require support and we shape the offer around that figure.\n\"Based on everything we know right now across the UK it will enable us to maintain the most generous package of support for businesses anywhere in the UK.\"\nSector Specific Grant\nMr Skates said the £180m Sector Specific Grant has had more than 8,000 applications and he added: \"We've been able to deposit millions of pounds from that fund in businesses that applied early.\"\nHe added: \"That is going to benefit the last majority of businesses within the sector across Wales.\n\"Here in North Wales that fund is particularly important given the prevalence of the sector. North Wales to a great degree is pretty unique in the United Kingdom in that it is a region that has a particular reliance on tourism and hospitality, not just on the coastal area but inland as well.\"\nWith money still available they are keeping the application process open for longer to make sure as many businesses as possible benefit from it.\n'Willing to listen'\nHe added: \"Then if we do not spend the amount we allocated to it then we'll be seeking to try to utilise that money again for business support.\n\"We are always willing to listen to businesses and employer organisations, trade unions and local authorities in regard to how we can best support people to remain in employment and having the best support for businesses at this time.\n\"Further support will be dependent on what the UK Government might do. We're not going to jump the gun on the UK Government because there may be an announcement, there may not be, about an extension of the Job Retention Scheme.\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\"We sincerely hope there will be, we've written to the chancellor asking for that.\n\"If there is then we can, in future rounds of support, shape our support around what the UK Government's responsible for and what the UK Government is doing.\nCompliment not duplicate\n\"If decisions are made not to offer up support for sectors or for particular groups that have fallen through the gaps then again we would attempt to address those concerns with support from Welsh Government.\n\"Our role all along has been to compliment, not duplicate what the Uk Government has been offering to make sure we give the best and most comprehensive package of support for businesses in Wales.\"\nHe praised the contact that was taking place between business and economy ministers and officials in all the administrations in the UK because he said \"people want to see their politicians working together where there is a common challenge that we face\".\nHe said: \"Constructive relationships leads to constructive outcomes and there are instances I can point to where UK Government has changed policy as a result of a constructive working relationship ministers there have with us, like the work with CBILS.\"\nHe said Welsh Government support has ensured they have kept 125,000 people in employment and helped keep Wales's unemployment level (4.6%) below the Uk average (5%) despite so many sectors in Wales being \"so exposed\".\nHe added: \"Ultimately what we want to do is protect jobs. It is jobs, jobs, jobs as far as we are concerned.\n\"We want to prevent people from experiencing the long term scarring effects of unemployment.\n\"We are still striving to protect every viable businesses that we can.\n\"We have lost businesses, we have lost businesses in part because they've fallen through the gaps but also because we've seen an acceleration of change that was already underway.\n\"The transition taking place on the high street, to a significant degree coronavirus has accelerated the move towards online retail.\n\"We had to be there first and foremost to support sustainable businesses, businesses that would survive in ordinary times.\n\"We knew back then we were already going through a tremendous period of change.\"\nTo have your say on this story please use our comments section at the top of this article",
"Economy minister Ken Skates says new business funding will be rolled out rapidly",
"First Minister Mark Drakeford will reveal exactly how £200m will be spent on Friday"
] |
|
[
"David Laister",
"Image",
"Specialist Jack-Up Vessel Wind Osprey Seen In The Distance With A Triton Knoll Offshore Substation In The Foreground."
] | 2021-01-25T13:44:12 | null | 2021-01-25T10:43:59 |
Triton Knoll's first 9.5MW machine was put in place over the weekend
|
https%3A%2F%2Fwww.business-live.co.uk%2Fports-logistics%2Flargest-offshore-wind-farm-turbine-19693455.json
|
en
| null |
Largest offshore wind turbine ever installed off the Humber now standing proud
| 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
The first turbine has been installed at Triton Knoll offshore wind farm - the biggest yet to join the Humber cluster.
The Vestas v164-9.5 MW creates a new record within the world-leading arrays - with more than three times the generating capacity of the first to be installed off the Lincolnshire coast.
A total of 90 huge machines will make up the latest farm, from RWE. A single sweep of the blades of one 187m installation will power a single home for nearly 30 hours.
First generation is anticipated this spring.
All blades, nacelles and tower sections are being handled at a specialist turbine pre-assembly and construction base, established by Triton Knoll and Vestas at Able Seaton Port, in Teesside.
Installation is being carried out by Deme, using the jack-up vessel Wind Osprey, provided by Cadeler.
(Image: Specialist jack-up vessel Wind Osprey seen in the distance with a Triton Knoll offshore substation in the foreground.)
A dedicated construction and operations and maintenance co-ordination base has also been launched on Grimsby’s Royal Dock, from where the site will be managed for its lifetime.
Power comes ashore at Anderby Creek, connecting to the grid at Bicker Fen, close to Boston.
It is not the first 9.5MW turbine in UK waters, with Kincardine taking that role in November last year - albeit a floating, not fixed, installation.
Triton Knoll's latest milestone comes almost to the year since the first offshore installation, when the first monopile foundation was piled into the North Sea.
Once complete, Triton Knoll - the seventh offshore wind farm to join the Grimsby cluster - will provide 857MW of green electricity, becoming part of a near-10GW known pipeline. Almost 2.7GW is operational so far.
|
https://www.business-live.co.uk/ports-logistics/largest-offshore-wind-farm-turbine-19693455
|
en
| 2021-01-25T00:00:00 |
www.business-live.co.uk/316ba318f804e930a1f01849cb7d1ef79bece974f71ed3dcf4bd2160a189781f.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\nThe first turbine has been installed at Triton Knoll offshore wind farm - the biggest yet to join the Humber cluster.\nThe Vestas v164-9.5 MW creates a new record within the world-leading arrays - with more than three times the generating capacity of the first to be installed off the Lincolnshire coast.\nA total of 90 huge machines will make up the latest farm, from RWE. A single sweep of the blades of one 187m installation will power a single home for nearly 30 hours.\nFirst generation is anticipated this spring.\nAll blades, nacelles and tower sections are being handled at a specialist turbine pre-assembly and construction base, established by Triton Knoll and Vestas at Able Seaton Port, in Teesside.\nInstallation is being carried out by Deme, using the jack-up vessel Wind Osprey, provided by Cadeler.\n(Image: Specialist jack-up vessel Wind Osprey seen in the distance with a Triton Knoll offshore substation in the foreground.)\nA dedicated construction and operations and maintenance co-ordination base has also been launched on Grimsby’s Royal Dock, from where the site will be managed for its lifetime.\nPower comes ashore at Anderby Creek, connecting to the grid at Bicker Fen, close to Boston.\nIt is not the first 9.5MW turbine in UK waters, with Kincardine taking that role in November last year - albeit a floating, not fixed, installation.\nTriton Knoll's latest milestone comes almost to the year since the first offshore installation, when the first monopile foundation was piled into the North Sea.\nOnce complete, Triton Knoll - the seventh offshore wind farm to join the Grimsby cluster - will provide 857MW of green electricity, becoming part of a near-10GW known pipeline. Almost 2.7GW is operational so far.",
"Largest offshore wind turbine ever installed off the Humber now standing proud",
"Triton Knoll's first 9.5MW machine was put in place over the weekend"
] |
|
[
"Leena Sidat"
] | 2021-01-22T11:20:57 | null | 2021-01-22T08:00:00 |
The GBSLEP Growth Hub offers free, impartial, expert advice to help businesses grow
|
https%3A%2F%2Fwww.business-live.co.uk%2Fpartners%2Fachieve-2021-business-goals-support-19650271.json
|
en
| null |
Achieve your 2021 business goals with free support from your local growth hub
| null | null |
www.business-live.co.uk
|
If you're looking for advice to grow your business, the Greater Birmingham and Solihull LEP (GBSLEP) Growth Hub is on hand to help.
The Growth Hub enables businesses to get the right advice at the right time so they can grow and be successful.
Part of a network of 38 hubs across England, it covers all of Birmingham and Solihull, as well as north Worcestershire and southern Staffordshire.
The team of 18 business support professionals includes specialists in funding and finance, manufacturing, start-ups, and the UK transition to name a few.
When you contact the hub for help, you’ll be put in touch with the advisers who will best understand your individual sector and circumstances.
Covid-19 business recovery
The Growth Hub is no longer only a place for growing businesses to seek support.
Since the start of the pandemic, the team has been helping some of the hardest-hit SMEs in the region to pivot into new markets, access grants, and protect their workforce from redundancy.
With funding by the Department for Business, Energy & Industrial Strategy; the European Union Regional Development Fund; and Greater Birmingham and Solihull Local Enterprise Partnership, the GBSLEP Growth Hub is able to provide services - impartial advice, support and signposting - completely free of charge.
The Growth Hub also works in partnership with local authorities, universities and other providers of business support - and can help you access free services, training and funding from them also.
There’s a wealth of opportunities out there, and the Growth Hub can refer you to all the programmes and grants you’re eligible for.
To find out more and grow your business, call 0800 032 3488 or visit the website, where you can also request a callback and chat online.
|
https://www.business-live.co.uk/partners/achieve-2021-business-goals-support-19650271
|
en
| 2021-01-22T00:00:00 |
www.business-live.co.uk/749186435903682ca6b0e8aaffb1d26a882b891c67faf441226a18fb785a265b.json
|
[
"If you're looking for advice to grow your business, the Greater Birmingham and Solihull LEP (GBSLEP) Growth Hub is on hand to help.\nThe Growth Hub enables businesses to get the right advice at the right time so they can grow and be successful.\nPart of a network of 38 hubs across England, it covers all of Birmingham and Solihull, as well as north Worcestershire and southern Staffordshire.\nThe team of 18 business support professionals includes specialists in funding and finance, manufacturing, start-ups, and the UK transition to name a few.\nWhen you contact the hub for help, you’ll be put in touch with the advisers who will best understand your individual sector and circumstances.\nCovid-19 business recovery\nThe Growth Hub is no longer only a place for growing businesses to seek support.\nSince the start of the pandemic, the team has been helping some of the hardest-hit SMEs in the region to pivot into new markets, access grants, and protect their workforce from redundancy.\nWith funding by the Department for Business, Energy & Industrial Strategy; the European Union Regional Development Fund; and Greater Birmingham and Solihull Local Enterprise Partnership, the GBSLEP Growth Hub is able to provide services - impartial advice, support and signposting - completely free of charge.\nThe Growth Hub also works in partnership with local authorities, universities and other providers of business support - and can help you access free services, training and funding from them also.\nThere’s a wealth of opportunities out there, and the Growth Hub can refer you to all the programmes and grants you’re eligible for.\nTo find out more and grow your business, call 0800 032 3488 or visit the website, where you can also request a callback and chat online.",
"Achieve your 2021 business goals with free support from your local growth hub",
"The GBSLEP Growth Hub offers free, impartial, expert advice to help businesses grow"
] |
|
[
"Tom Pegden"
] | 2021-01-29T04:04:16 | null | 2021-01-29T03:00:00 |
Government must be prepared to dig deep to overcome “prolonged agony for businesses”
|
https%3A%2F%2Fwww.business-live.co.uk%2Fenterprise%2Ffears-cashflow-crisis-2020-transition-19719438.json
|
en
| null |
Fears the "cashflow crisis of 2020 will transition into the insolvency crisis of 2021” without fresh Government help
| 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 business leader is calling on the Government to do more to engage with industry to help the UK move closer to normality.
After Boris Johnson said continuing high Covid rates mean the latest lockdown will last until at least March 8, East Midlands Chamber warned businesses could only take so much.
Chief executive Scott Knowles said the pressure being placed on parents trying to work and homeschool their children was also concerning, while forcing overseas arrivals into quarantine hotels threatened to hold up the UK’s post-Brexit working relationship with the rest of the world.
Mr Knowles said delays to reopening the economy created a “prolonged agony for businesses”, which will have soon faced a full 12 months of disruption.
He said: “We fully understand the unenviable position of the Government as it must delicately balance the health of the public and the economy, but another six weeks of what is effectively a full shutdown for certain sectors, means it must be prepared to dig deep and support businesses and jobs.
“After already spending billions on helping good firms to survive this crisis, it must not let these companies fail now when the vaccine rollout provides light at the end of this long, dark tunnel.
“This may require further targeted support to affected industries where there’s a very real threat of the cashflow crisis of 2020 – which we know is a huge concern in the East Midlands as our Quarterly Economic Surveys have shown access to cash fell for the majority of companies in every quarter last year – transitioning into the insolvency crisis of 2021.
“There is also strong evidence the Job Retention Scheme will need to be extended beyond the end of April, and confirmation from the Chancellor of this as soon as possible would help businesses to plan for the future.
“With schools closed until March 8, at the earliest, this will only serve to increase the pressure on homeworking parents, who must balance their job with homeschooling.
“We’d encourage businesses to offer flexible working options to employees in this situation but to avoid an educational gap between pupils opening up, it would also be helpful if the Government could join companies in supporting families who can’t afford laptops for children to access the necessary IT equipment.
“The rationale behind so-called quarantine hotels being used to combat the issue of overseas transmissions coming into the UK is understood but it means the time has come for the Government to provide the necessary support to our once-thriving travel industry.
“The concept of ‘Global Britain’ following the end of the EU transition period has never been more important and this latest set of restrictions on international travel cannot risk the East Midlands being unable to capitalise on this.
“A clear exit strategy is required to demonstrate to businesses here and abroad that this is a temporary nature borne from necessity and will be removed as early as is possible.
“East Midlands Airport is one of the most important strategic sites in our region and offers much potential to the nation’s post-Brexit global trading relationship.
“While it has enjoyed record cargo traffic in recent months, lockdown restrictions have obviously dealt a huge blow to passenger numbers, which provide the backbone to the business, and it’s vital Westminster realises this.
“We welcome the Prime Minister’s comments regarding plans to set out plans for a phased route out of lockdown on the week commencing February 22, but it’s imperative this involves full consultation with businesses.
“It’s of little use to firms to be given short notice about the opportunity to reopen and they must be involved in these discussions – as well as given the necessary financial support until this time comes.”
|
https://www.business-live.co.uk/enterprise/fears-cashflow-crisis-2020-transition-19719438
|
en
| 2021-01-29T00:00:00 |
www.business-live.co.uk/a3ddb1087fa84a488750b9ea5390b37d1d9f7f48a1dbe8bf488ada2bb89428ff.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 business leader is calling on the Government to do more to engage with industry to help the UK move closer to normality.\nAfter Boris Johnson said continuing high Covid rates mean the latest lockdown will last until at least March 8, East Midlands Chamber warned businesses could only take so much.\nChief executive Scott Knowles said the pressure being placed on parents trying to work and homeschool their children was also concerning, while forcing overseas arrivals into quarantine hotels threatened to hold up the UK’s post-Brexit working relationship with the rest of the world.\nMr Knowles said delays to reopening the economy created a “prolonged agony for businesses”, which will have soon faced a full 12 months of disruption.\nHe said: “We fully understand the unenviable position of the Government as it must delicately balance the health of the public and the economy, but another six weeks of what is effectively a full shutdown for certain sectors, means it must be prepared to dig deep and support businesses and jobs.\n“After already spending billions on helping good firms to survive this crisis, it must not let these companies fail now when the vaccine rollout provides light at the end of this long, dark tunnel.\n“This may require further targeted support to affected industries where there’s a very real threat of the cashflow crisis of 2020 – which we know is a huge concern in the East Midlands as our Quarterly Economic Surveys have shown access to cash fell for the majority of companies in every quarter last year – transitioning into the insolvency crisis of 2021.\n“There is also strong evidence the Job Retention Scheme will need to be extended beyond the end of April, and confirmation from the Chancellor of this as soon as possible would help businesses to plan for the future.\n“With schools closed until March 8, at the earliest, this will only serve to increase the pressure on homeworking parents, who must balance their job with homeschooling.\n“We’d encourage businesses to offer flexible working options to employees in this situation but to avoid an educational gap between pupils opening up, it would also be helpful if the Government could join companies in supporting families who can’t afford laptops for children to access the necessary IT equipment.\n“The rationale behind so-called quarantine hotels being used to combat the issue of overseas transmissions coming into the UK is understood but it means the time has come for the Government to provide the necessary support to our once-thriving travel industry.\n“The concept of ‘Global Britain’ following the end of the EU transition period has never been more important and this latest set of restrictions on international travel cannot risk the East Midlands being unable to capitalise on this.\n“A clear exit strategy is required to demonstrate to businesses here and abroad that this is a temporary nature borne from necessity and will be removed as early as is possible.\n“East Midlands Airport is one of the most important strategic sites in our region and offers much potential to the nation’s post-Brexit global trading relationship.\n“While it has enjoyed record cargo traffic in recent months, lockdown restrictions have obviously dealt a huge blow to passenger numbers, which provide the backbone to the business, and it’s vital Westminster realises this.\n“We welcome the Prime Minister’s comments regarding plans to set out plans for a phased route out of lockdown on the week commencing February 22, but it’s imperative this involves full consultation with businesses.\n“It’s of little use to firms to be given short notice about the opportunity to reopen and they must be involved in these discussions – as well as given the necessary financial support until this time comes.”",
"Fears the \"cashflow crisis of 2020 will transition into the insolvency crisis of 2021” without fresh Government help",
"Government must be prepared to dig deep to overcome “prolonged agony for businesses”"
] |
|
[
"Tamlyn Jones"
] | 2021-01-18T14:52:06 | null | 2021-01-18T14:38:19 |
Historic city centre block has been the subject of several planning proposals in recent years
|
https%3A%2F%2Fwww.business-live.co.uk%2Fcommercial-property%2Frevamp-former-birmingham-council-building-19648970.json
|
en
| null |
Revamp for former Birmingham council building
| 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 former council building in Birmingham city centre is undergoing a facelift as agents are appointed to market the site again.
The owner of Louisa Ryland House is on the hunt for tenants after a string of planned projects at the complex in Newhall Street failed to get off the ground.
Euro Property Investments acquired the historic building in 2014 in a rumoured £7 million deal since when it has been the subject of different renovation plans including a mix of offices and dining out and later a hotel.
And in 2019, a major deal was struck for the entire 86,000 sq ft building with US firm WeWork to create new co-working facilities and flexible office space.
Commercial property agencies CBRE and JLL have now been jointly appointed to find new tenants as the landlord carries out refurbishment work.
The new-look space will have grade A office accommodation over six floors, with quoting rents of £31.50 per sq ft, while some of the building's original period features and styling will be retained in the new designs.
Some of the space will be designated as flexible office accommodation aimed at startups and growing businesses while other planned amenities include a roof terrace, external courtyard, café and cycle hub with changing facilities.
Theo Holmes, a director in CBRE's birmingham office agency team, said: "Louisa Ryland House has been the subject of a number of redevelopment proposals over the years so it's great to see this landmark listed building being brought back to life."
Louisa Ryland House is named after the heiress and benefactor who left large areas of land to the city, including the sites which became Cannon Hill Park and Small Heath Park.
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.
It is a grade II-listed and actually a cluster of three separate Victorian buildings on land bounded by Edmund Street and Cornwall Street.
These were the Medical Institute, the Board School Offices and the Parish Offices.
They underwent redevelopment work during the 1980s after which only the façades and offices behind were retained, with Birmingham City Council eventually vacating the premises in 2012.
|
https://www.business-live.co.uk/commercial-property/revamp-former-birmingham-council-building-19648970
|
en
| 2021-01-18T00:00:00 |
www.business-live.co.uk/34c063426633de5eae7cd7c4a0a184ca8e2f83ee848f2716ba28a88bb3473134.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 former council building in Birmingham city centre is undergoing a facelift as agents are appointed to market the site again.\nThe owner of Louisa Ryland House is on the hunt for tenants after a string of planned projects at the complex in Newhall Street failed to get off the ground.\nEuro Property Investments acquired the historic building in 2014 in a rumoured £7 million deal since when it has been the subject of different renovation plans including a mix of offices and dining out and later a hotel.\nAnd in 2019, a major deal was struck for the entire 86,000 sq ft building with US firm WeWork to create new co-working facilities and flexible office space.\nCommercial property agencies CBRE and JLL have now been jointly appointed to find new tenants as the landlord carries out refurbishment work.\nThe new-look space will have grade A office accommodation over six floors, with quoting rents of £31.50 per sq ft, while some of the building's original period features and styling will be retained in the new designs.\nSome of the space will be designated as flexible office accommodation aimed at startups and growing businesses while other planned amenities include a roof terrace, external courtyard, café and cycle hub with changing facilities.\nTheo Holmes, a director in CBRE's birmingham office agency team, said: \"Louisa Ryland House has been the subject of a number of redevelopment proposals over the years so it's great to see this landmark listed building being brought back to life.\"\nLouisa Ryland House is named after the heiress and benefactor who left large areas of land to the city, including the sites which became Cannon Hill Park and Small Heath Park.\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.\nIt is a grade II-listed and actually a cluster of three separate Victorian buildings on land bounded by Edmund Street and Cornwall Street.\nThese were the Medical Institute, the Board School Offices and the Parish Offices.\nThey underwent redevelopment work during the 1980s after which only the façades and offices behind were retained, with Birmingham City Council eventually vacating the premises in 2012.",
"Revamp for former Birmingham council building",
"Historic city centre block has been the subject of several planning proposals in recent years"
] |
|
[
"Owen Hughes",
"Image",
"Ian Cooper North Wales Live"
] | 2021-01-27T13:51:05 | null | 2021-01-27T13:22:06 |
Bomb disposal experts are at the Wockhardt UK site on Wrexham Industrial Estate
|
https%3A%2F%2Fwww.business-live.co.uk%2Feconomic-development%2Fbomb-squad-wrexham-factory-making-19710640.json
|
en
| null |
Bomb squad at Wrexham factory making AstraZeneca vaccine after suspicious package received
| 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 bomb squad is at the Wrexham factory making the Oxford/AstraZeneca vaccine after a suspicious package was received.
Wockhardt UK in Wrexham is carrying out the "fill and finish" stage of the manufacturing process and is set to produce around 300 million doses of the vaccine each year.
This morning a suspicious package was received - triggering a partial evacuation.
A spokesman said: "Wockhardt UK in Wrexham this morning received a suspicious package to site.
"All relevant authorities were immediately notified and engaged.
"Upon expert advice we have partially evacuated the site pending a full investigation.
"The safety of our employees and business continuity remain of paramount importance."
North Wales Police has confirmed it is dealing with an “ongoing incident” on Wrexham Industrial Estate.
A spokesman said: “The roads are currently closed and we would ask the public to avoid the area until further notice.”
|
https://www.business-live.co.uk/economic-development/bomb-squad-wrexham-factory-making-19710640
|
en
| 2021-01-27T00:00:00 |
www.business-live.co.uk/ed9b227045076bf87f1afdba0feebb2c753e6c3eed1f77f2d89eacb8dc5d0007.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 bomb squad is at the Wrexham factory making the Oxford/AstraZeneca vaccine after a suspicious package was received.\nWockhardt UK in Wrexham is carrying out the \"fill and finish\" stage of the manufacturing process and is set to produce around 300 million doses of the vaccine each year.\nThis morning a suspicious package was received - triggering a partial evacuation.\nA spokesman said: \"Wockhardt UK in Wrexham this morning received a suspicious package to site.\n\"All relevant authorities were immediately notified and engaged.\n\"Upon expert advice we have partially evacuated the site pending a full investigation.\n\"The safety of our employees and business continuity remain of paramount importance.\"\nNorth Wales Police has confirmed it is dealing with an “ongoing incident” on Wrexham Industrial Estate.\nA spokesman said: “The roads are currently closed and we would ask the public to avoid the area until further notice.”",
"Bomb squad at Wrexham factory making AstraZeneca vaccine after suspicious package received",
"Bomb disposal experts are at the Wockhardt UK site on Wrexham Industrial Estate"
] |
|
[
"Tamlyn Jones"
] | 2021-01-08T02:23:28 | null | 2021-01-08T02:00:00 |
Global asset management and construction consultancy recruits industry veteran to lead projects in the West Midlands
|
https%3A%2F%2Fwww.business-live.co.uk%2Fcommercial-property%2Fcurrie--brown-appoints-new-19575635.json
|
en
| null |
Currie & Brown appoints new head of Birmingham office
| 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 global asset management and construction consultancy has appointed a new head of its Birmingham office.
Gary Church has joined the city centre operation of Currie & Brown having held several senior positions at industry firms such as MDA Consulting, Gleeds, Capita Architecture and Willmott Dixon.
He brings more than 30 years of experience in the construction industry for both consultancies and contractor organisations and has acquired experience across a range of business sectors.
In his new role, his focus will be on working collaboratively with new and existing clients with an emphasis on innovation.
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 Church is also the founder and chairman of Business for Birmingham, a membership networking organisation for property and construction professionals.
Neil Brierley, Currie & Brown's regional managing director for England and Wales, said: "I am delighted we have been able to bring Gary to Currie & Brown at what is an exciting time in the growth of the business.
"He is an experienced business leader with extensive knowledge of the Birmingham and wider Midlands market.
"This, combined with his experience of both contracting and consulting across multiple sectors, will undoubtedly be of considerable benefit to our clients.
"His recruitment is yet another strategic investment in our business and a further statement of our continued ambition.
"The growth of our presence in the Midlands is a key target for the business and I am certain that, under Gary's leadership, the Birmingham office will go from strength to strength."
|
https://www.business-live.co.uk/commercial-property/currie--brown-appoints-new-19575635
|
en
| 2021-01-08T00:00:00 |
www.business-live.co.uk/1035a4e68ce1b34d5ec617833192285f9180f576a278ec1a6937913de8a225a1.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 global asset management and construction consultancy has appointed a new head of its Birmingham office.\nGary Church has joined the city centre operation of Currie & Brown having held several senior positions at industry firms such as MDA Consulting, Gleeds, Capita Architecture and Willmott Dixon.\nHe brings more than 30 years of experience in the construction industry for both consultancies and contractor organisations and has acquired experience across a range of business sectors.\nIn his new role, his focus will be on working collaboratively with new and existing clients with an emphasis on innovation.\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 Church is also the founder and chairman of Business for Birmingham, a membership networking organisation for property and construction professionals.\nNeil Brierley, Currie & Brown's regional managing director for England and Wales, said: \"I am delighted we have been able to bring Gary to Currie & Brown at what is an exciting time in the growth of the business.\n\"He is an experienced business leader with extensive knowledge of the Birmingham and wider Midlands market.\n\"This, combined with his experience of both contracting and consulting across multiple sectors, will undoubtedly be of considerable benefit to our clients.\n\"His recruitment is yet another strategic investment in our business and a further statement of our continued ambition.\n\"The growth of our presence in the Midlands is a key target for the business and I am certain that, under Gary's leadership, the Birmingham office will go from strength to strength.\"",
"Currie & Brown appoints new head of Birmingham office",
"Global asset management and construction consultancy recruits industry veteran to lead projects in the West Midlands"
] |
|
[
"Owen Hughes",
"Image",
"Getty Images",
"Horizon Nuclear Power"
] | 2021-01-11T11:35:55 | null | 2021-01-11T10:33:27 |
Horizon Nuclear Power was set up to develop the Wylfa site on Anglesey
|
https%3A%2F%2Fwww.business-live.co.uk%2Feconomic-development%2Fwylfa-newydd-developer-set-wound-19601053.json
|
en
| null |
Wylfa Newydd developer set to be wound up as sale talks continue
| 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 development vehicle behind Wylfa Newydd will be wound down by the end of March.
Japanese multi-national Hitachi announced in September they were pulling out of funding the £16bn nuclear development on Anglesey and a plant at Oldbury-on-Severn in Gloucestershire.
Its investment vehicle Horizon Nuclear Power remained in business as the planning process for Wylfa continued and they tried to secure new investors.
A planning decision has now been put back to April 30 as talks continue to sell the development to a new buyer.
Last week workers at Horizon were told that the business would be wound down by March 31.
There are around 12 staff now working at Horizon.
It is understood that if a sale of the site is not secured before then then the sale process would be continued by Hitachi.
(Image: Horizon Nuclear Power)
There is interest in the site from bidders, including a US consortium of Bechtel, Southern Company and Westinghouse.
Duncan Hawthorne, chief executive of Wylfa developer Horizon Nuclear Power, said: "These discussions with multiple parties have been positive and encouraging with regards to finding a way forward in Hitachi Ltd’s absence.
"Given the complexities involved in any large infrastructure project, these talks are still ongoing, and my team and I are continuing to work hard to bring them to a conclusion.
"Recently we have seen the role for new nuclear clearly signalled in the Prime Minister’s 10 Point Plan for a Green Industrial Revolution announcement and the subsequent National Infrastructure Strategy.
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.
"This week’s publication of the Energy White Paper confirmed the degree to which the Government sees further large scale nuclear plants, of the sort described in our Development Consent Order application, as an important component of its strategy to deliver a net zero carbon economy and level up the economy."
Virginia Crosbie, MP for Ynys Môn, said: "I understand that the current discussions are progressing well and I hope that we will see positive movement in the next couple of 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/economic-development/wylfa-newydd-developer-set-wound-19601053
|
en
| 2021-01-11T00:00:00 |
www.business-live.co.uk/fc685d3a5c93ec93e05beb0b821f3ab7cb2c368a0adb34ac86c21b7ed3b28e41.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 development vehicle behind Wylfa Newydd will be wound down by the end of March.\nJapanese multi-national Hitachi announced in September they were pulling out of funding the £16bn nuclear development on Anglesey and a plant at Oldbury-on-Severn in Gloucestershire.\nIts investment vehicle Horizon Nuclear Power remained in business as the planning process for Wylfa continued and they tried to secure new investors.\nA planning decision has now been put back to April 30 as talks continue to sell the development to a new buyer.\nLast week workers at Horizon were told that the business would be wound down by March 31.\nThere are around 12 staff now working at Horizon.\nIt is understood that if a sale of the site is not secured before then then the sale process would be continued by Hitachi.\n(Image: Horizon Nuclear Power)\nThere is interest in the site from bidders, including a US consortium of Bechtel, Southern Company and Westinghouse.\nDuncan Hawthorne, chief executive of Wylfa developer Horizon Nuclear Power, said: \"These discussions with multiple parties have been positive and encouraging with regards to finding a way forward in Hitachi Ltd’s absence.\n\"Given the complexities involved in any large infrastructure project, these talks are still ongoing, and my team and I are continuing to work hard to bring them to a conclusion.\n\"Recently we have seen the role for new nuclear clearly signalled in the Prime Minister’s 10 Point Plan for a Green Industrial Revolution announcement and the subsequent National Infrastructure Strategy.\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\"This week’s publication of the Energy White Paper confirmed the degree to which the Government sees further large scale nuclear plants, of the sort described in our Development Consent Order application, as an important component of its strategy to deliver a net zero carbon economy and level up the economy.\"\nVirginia Crosbie, MP for Ynys Môn, said: \"I understand that the current discussions are progressing well and I hope that we will see positive movement in the next couple of months.\"\nTo have your say on this story please use our comments section at the top of this article",
"Wylfa Newydd developer set to be wound up as sale talks continue",
"Horizon Nuclear Power was set up to develop the Wylfa site on Anglesey"
] |
|
[
"Graeme Whitfield"
] | 2021-01-13T17:21:02 | null | 2021-01-13T16:26:51 |
Durham County Council is making £5m of grants available to businesses to help them survive the coronavirus pandemic
|
https%3A%2F%2Fwww.business-live.co.uk%2Feconomic-development%2Fnorth-east-council-hopes-save-19619806.json
|
en
| null |
North East council hopes to save 1,700 jobs with business rescue scheme
| 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 North East council is hoping to save more than 1,700 jobs with a £5m grant scheme that aims to keep almost 900 firms in business.
The Durham Business Recovery Grant will help County Durham businesses to adapt and recover from the Covid-19 pandemic by supporting them as they develop new ways of working.
Grants of between £1,000 and £40,000 are available, up to 75% of the cost of each business’ recovery plan. The scheme is open to any business in the county with a workforce of up to 250 people.
Funding for the scheme has come partly from the Government’s Additional Restrictions Support Grant, but £3m has come from the council’s own resources.
The grants are available to projects such as adapting business models or premises to attract new customers, digitisation, marketing support, new product development or buying new equipment.
Coun Carl Marshall, Durham County Council’s cabinet member for economic regeneration, said: “This is something that’s unique to Durham. I’ve spoken to hundreds of businesses since the pandemic hit and many of them have fallen through the cracks of existing business support schemes.
“They are having to invest to change the way they do business, all the while their incomes have been wiped out or drastically reduced. These grants are positioned to support businesses and allow them to find opportunities in the post-Covid world.
“We’ve worked for a while now to make Durham a place that has an environment where businesses look to invest and grow. That’s been a strategic priority for the authority for a number of years and this new scheme fits into that objective.
“The longer-term impact of the pandemic is yet to be seen but this is about us doing what we can to give businesses a fighting chance to survive, grow and support jobs.”
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 council said the grant scheme will support more than 880 firms and has the potential to safeguard over 1,760 jobs.
Ben Gilhespy, director of operations at the Engineering and Manufacturing Network, said: “2020 has been one of the most difficult years in memory for engineering and manufacturing businesses and has seen a shift of focus to survival rather than growth.
“Recovery is now critical in 2021 for one of our region’s most important sectors and biggest employers where we can explore new opportunities both in existing and developing markets. The potential to see financial support for this through the Durham Business Recovery Grant will allow businesses to realise their plans more quickly and possibly even implement ones that may otherwise not have been possible.”
|
https://www.business-live.co.uk/economic-development/north-east-council-hopes-save-19619806
|
en
| 2021-01-13T00:00:00 |
www.business-live.co.uk/d2aebe3e9aadfb1fd69f6644794305eb8ca25aaa120770d408c458c675cd5df9.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 North East council is hoping to save more than 1,700 jobs with a £5m grant scheme that aims to keep almost 900 firms in business.\nThe Durham Business Recovery Grant will help County Durham businesses to adapt and recover from the Covid-19 pandemic by supporting them as they develop new ways of working.\nGrants of between £1,000 and £40,000 are available, up to 75% of the cost of each business’ recovery plan. The scheme is open to any business in the county with a workforce of up to 250 people.\nFunding for the scheme has come partly from the Government’s Additional Restrictions Support Grant, but £3m has come from the council’s own resources.\nThe grants are available to projects such as adapting business models or premises to attract new customers, digitisation, marketing support, new product development or buying new equipment.\nCoun Carl Marshall, Durham County Council’s cabinet member for economic regeneration, said: “This is something that’s unique to Durham. I’ve spoken to hundreds of businesses since the pandemic hit and many of them have fallen through the cracks of existing business support schemes.\n“They are having to invest to change the way they do business, all the while their incomes have been wiped out or drastically reduced. These grants are positioned to support businesses and allow them to find opportunities in the post-Covid world.\n“We’ve worked for a while now to make Durham a place that has an environment where businesses look to invest and grow. That’s been a strategic priority for the authority for a number of years and this new scheme fits into that objective.\n“The longer-term impact of the pandemic is yet to be seen but this is about us doing what we can to give businesses a fighting chance to survive, grow and support jobs.”\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.\nThe council said the grant scheme will support more than 880 firms and has the potential to safeguard over 1,760 jobs.\nBen Gilhespy, director of operations at the Engineering and Manufacturing Network, said: “2020 has been one of the most difficult years in memory for engineering and manufacturing businesses and has seen a shift of focus to survival rather than growth.\n“Recovery is now critical in 2021 for one of our region’s most important sectors and biggest employers where we can explore new opportunities both in existing and developing markets. The potential to see financial support for this through the Durham Business Recovery Grant will allow businesses to realise their plans more quickly and possibly even implement ones that may otherwise not have been possible.”",
"North East council hopes to save 1,700 jobs with business rescue scheme",
"Durham County Council is making £5m of grants available to businesses to help them survive the coronavirus pandemic"
] |
|
[
"Coreena Ford"
] | 2021-01-12T16:53:08 | null | 2021-01-12T16:47:08 |
The Killingworth business posted its first loss in seven years last year but says it is confident for the future
|
https%3A%2F%2Fwww.business-live.co.uk%2Fcommercial-property%2Fconstruction-group-metnor-confident-future-19612176.json
|
en
| null |
Construction group Metnor confident for future with £120m order book
| 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 construction firm Metnor Group has highlighted a £120m order book, after challenging trading last year triggered its first operating loss since 2012.
The Killingworth company, which also has bases in Maidenhead, Aberdeen and Great Yarmouth, operates four trading divisions that include property development and investment firm Metnor Property Group, construction firm Metnor Construction, M&E contractors Norstead and a sale and pressure testing equipment firm, Metnor Great Yarmouth.
In accounts for 2019, the firm posted a small turnover increase from £91m to £92m.
But it said that a number of non-recurring items, including the write-off of a commercial loan relating to a speculative planning transaction that failed, combined with challenging trading to see the firm post its first loss in seven years, with the previous year’s operating profit of £3m converting to an operating loss of £2.81m.
Despite falling into the red, the firm’s finance director Adam Langman used the accounts to detail strong opportunities ahead - a statement which was backed up in November of last year when the firm announced it had sealed a deal to deliver a £50m build-to-rent apartment development in the heart of Birmingham.
In the accounts, Mr Langman said: “The group entered 2020 strongly and was in a stable position to cope with the issues generated by Covid-19, which are still being felt and will take some time to work through the results.
“Given the overall context for both the group and the wider economy in these unprecedented times, the directors see opportunities for strong future performance.“
In a breakdown of performance within the firm’s divisions, it said Metnor Construction had seen turnover rise from £50.5m to £62.8m and that it remains profitable.
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 firm said the division’s performance had been affected by delays on leisure centres in the south and east of England, but that the first leisure centre was successfully handed over in early 2020. It said margins were suppressed by delays on a datacentre contract where unexpectedly bad ground conditions prevented the client from enabling Metnor’s scheduled start.
Its M&E contracting business, Norstead, suffered a reduction in turnover from £36.6m to £25.5m and also returned a considerable operating loss.
But it said there are signs of a significant bounceback in the next year’s accounts. Completed and current projects the division has worked on include student accommodation in Newcastle and Reading, a hotel conversion in the East End of London and an NHS hospital project in central London.
The company’s division’s figures were dominated by the sale of investment properties, including two industrial units in Seaham which were sold for a profit of £900,000, as well as the commercial loan write-off.
Following publication of the accounts, CEO Chris Cant, said: ‘2020 has been an extremely tough year for us all and whilst construction was a sector which the Government encouraged to remain open, there were significant headwinds.
“However thanks to our wonderful, committed staff we have emerged into 2021 in a strong position. A focus on cash and cost management combined with excellent relationships with our clients and supply chain has provided the base for what we predict to be a stellar year.
“Our current instructions are all now back on programme, despite the turbulence caused by the pandemic. Our secured pipeline of work stretches through into 2023 and turnover in 2021 is anticipated to exceed £120m.
“We continue to concentrate on those sectors that have solid, proven growth potential – health, care and data to name a few – and our consistent delivery of quality products on time and to budget ensures we have loyal clients.”
|
https://www.business-live.co.uk/commercial-property/construction-group-metnor-confident-future-19612176
|
en
| 2021-01-12T00:00:00 |
www.business-live.co.uk/b96552f96e9eb52f7838a468afbf3de47f30f5a9e958b3ba56ce312a1bee6e8b.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 construction firm Metnor Group has highlighted a £120m order book, after challenging trading last year triggered its first operating loss since 2012.\nThe Killingworth company, which also has bases in Maidenhead, Aberdeen and Great Yarmouth, operates four trading divisions that include property development and investment firm Metnor Property Group, construction firm Metnor Construction, M&E contractors Norstead and a sale and pressure testing equipment firm, Metnor Great Yarmouth.\nIn accounts for 2019, the firm posted a small turnover increase from £91m to £92m.\nBut it said that a number of non-recurring items, including the write-off of a commercial loan relating to a speculative planning transaction that failed, combined with challenging trading to see the firm post its first loss in seven years, with the previous year’s operating profit of £3m converting to an operating loss of £2.81m.\nDespite falling into the red, the firm’s finance director Adam Langman used the accounts to detail strong opportunities ahead - a statement which was backed up in November of last year when the firm announced it had sealed a deal to deliver a £50m build-to-rent apartment development in the heart of Birmingham.\nIn the accounts, Mr Langman said: “The group entered 2020 strongly and was in a stable position to cope with the issues generated by Covid-19, which are still being felt and will take some time to work through the results.\n“Given the overall context for both the group and the wider economy in these unprecedented times, the directors see opportunities for strong future performance.“\nIn a breakdown of performance within the firm’s divisions, it said Metnor Construction had seen turnover rise from £50.5m to £62.8m and that it remains profitable.\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.\nThe firm said the division’s performance had been affected by delays on leisure centres in the south and east of England, but that the first leisure centre was successfully handed over in early 2020. It said margins were suppressed by delays on a datacentre contract where unexpectedly bad ground conditions prevented the client from enabling Metnor’s scheduled start.\nIts M&E contracting business, Norstead, suffered a reduction in turnover from £36.6m to £25.5m and also returned a considerable operating loss.\nBut it said there are signs of a significant bounceback in the next year’s accounts. Completed and current projects the division has worked on include student accommodation in Newcastle and Reading, a hotel conversion in the East End of London and an NHS hospital project in central London.\nThe company’s division’s figures were dominated by the sale of investment properties, including two industrial units in Seaham which were sold for a profit of £900,000, as well as the commercial loan write-off.\nFollowing publication of the accounts, CEO Chris Cant, said: ‘2020 has been an extremely tough year for us all and whilst construction was a sector which the Government encouraged to remain open, there were significant headwinds.\n“However thanks to our wonderful, committed staff we have emerged into 2021 in a strong position. A focus on cash and cost management combined with excellent relationships with our clients and supply chain has provided the base for what we predict to be a stellar year.\n“Our current instructions are all now back on programme, despite the turbulence caused by the pandemic. Our secured pipeline of work stretches through into 2023 and turnover in 2021 is anticipated to exceed £120m.\n“We continue to concentrate on those sectors that have solid, proven growth potential – health, care and data to name a few – and our consistent delivery of quality products on time and to budget ensures we have loyal clients.”",
"Construction group Metnor confident for future with £120m order book",
"The Killingworth business posted its first loss in seven years last year but says it is confident for the future"
] |
|
[
"Tom Pegden"
] | 2021-01-29T04:04:57 | null | 2021-01-29T03:00:00 |
Hydrogen system creates electricity to power aircraft motors - the only by-product is water
|
https%3A%2F%2Fwww.business-live.co.uk%2Ftechnology%2Fintelligent-energy-working-54m-plan-19720752.json
|
en
| null |
Intelligent Energy working on £54m plan to put hydrogen powered planes in the air
| 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 company that makes hydrogen fuel cells to power everything from cars and bikes to homes and phones is helping develop technology to put low carbon planes in the air.
Loughborough-based Intelligent Energy is part of the H2GEAR programme to push hydrogen technology for zero emission planes which could be taking to the air within five years.
The £54 million collaboration is being led by GKN Aerospace and could create up to 3,000 jobs over the next decade in Bristol, Coventry and Loughborough.
Government backing was signed off this week.
Intelligent Energy has been established for around a decade, helping make the East Midlands a centre of UK fuel cell manufacturing.
The H2GEAR programme will develop a hydrogen propulsion system which creates electricity to power motors in smaller aircraft. The only by-product is water. If the technology can be used efficiently, it will be stepped up to be used on bigger aircraft and for longer journeys.
The programme is being supported by £27 million of Aerospace Technology Institute funding, which is being matched by GKN Aerospace, Intelligent Energy and the other programme partners.
If the programme can create the next generation of clean air travel, it will play big part in eliminating harmful CO2 emissions from aviation.
Intelligent Energy and GKN Aerospace are working with Aeristech, Newcastle University, The University of Manchester and University of Birmingham on the programme, which is being delivered from GKN Aerospace’s £32 million Global Technology Centre in Bristol.
Intelligent Energy chief executive David Woolhouse said: “We have a very exciting programme of work over the next few years, including developing leading lightweight fuel cell modules for aerospace.
“This programme will see us develop the next generation of fuel cell technology and supports the growth of manufacturing right here in the East Midlands.
“We are planning to increase our manufacturing capability with a new state-of-the-art gigafactory facility in the region, positioning the East Midlands as a centre of hydrogen fuel cell manufacturing in the UK. The entry-into-service of the first hydrogen-powered aircraft could be as early as 2026.”
Russ Dunn, chief technology officer for GKN Aerospace, said: “Hydrogen-powered aircraft offer a clear route to keep the world connected, with dramatically cleaner skies.
“The UK is at the forefront of this technology, and the H2GEAR project is an example of industry, academia and Government collaboration at its best.
“Working with our partners, and made possible by Government investment, GKN Aerospace will develop and industrialise the breakthrough technology to fly aircraft with zero CO2 emissions by the mid-2020s.
“This will not only create thousands of jobs, but it will keep the UK at the forefront of the next generation of cleaner air travel for decades to come.”
|
https://www.business-live.co.uk/technology/intelligent-energy-working-54m-plan-19720752
|
en
| 2021-01-29T00:00:00 |
www.business-live.co.uk/70a229bc9918a15616235d822056d31c1348ee3f9298d1536e80a987296d6865.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 company that makes hydrogen fuel cells to power everything from cars and bikes to homes and phones is helping develop technology to put low carbon planes in the air.\nLoughborough-based Intelligent Energy is part of the H2GEAR programme to push hydrogen technology for zero emission planes which could be taking to the air within five years.\nThe £54 million collaboration is being led by GKN Aerospace and could create up to 3,000 jobs over the next decade in Bristol, Coventry and Loughborough.\nGovernment backing was signed off this week.\nIntelligent Energy has been established for around a decade, helping make the East Midlands a centre of UK fuel cell manufacturing.\nThe H2GEAR programme will develop a hydrogen propulsion system which creates electricity to power motors in smaller aircraft. The only by-product is water. If the technology can be used efficiently, it will be stepped up to be used on bigger aircraft and for longer journeys.\nThe programme is being supported by £27 million of Aerospace Technology Institute funding, which is being matched by GKN Aerospace, Intelligent Energy and the other programme partners.\nIf the programme can create the next generation of clean air travel, it will play big part in eliminating harmful CO2 emissions from aviation.\nIntelligent Energy and GKN Aerospace are working with Aeristech, Newcastle University, The University of Manchester and University of Birmingham on the programme, which is being delivered from GKN Aerospace’s £32 million Global Technology Centre in Bristol.\nIntelligent Energy chief executive David Woolhouse said: “We have a very exciting programme of work over the next few years, including developing leading lightweight fuel cell modules for aerospace.\n“This programme will see us develop the next generation of fuel cell technology and supports the growth of manufacturing right here in the East Midlands.\n“We are planning to increase our manufacturing capability with a new state-of-the-art gigafactory facility in the region, positioning the East Midlands as a centre of hydrogen fuel cell manufacturing in the UK. The entry-into-service of the first hydrogen-powered aircraft could be as early as 2026.”\nRuss Dunn, chief technology officer for GKN Aerospace, said: “Hydrogen-powered aircraft offer a clear route to keep the world connected, with dramatically cleaner skies.\n“The UK is at the forefront of this technology, and the H2GEAR project is an example of industry, academia and Government collaboration at its best.\n“Working with our partners, and made possible by Government investment, GKN Aerospace will develop and industrialise the breakthrough technology to fly aircraft with zero CO2 emissions by the mid-2020s.\n“This will not only create thousands of jobs, but it will keep the UK at the forefront of the next generation of cleaner air travel for decades to come.”",
"Intelligent Energy working on £54m plan to put hydrogen powered planes in the air",
"Hydrogen system creates electricity to power aircraft motors - the only by-product is water"
] |
|
[
"Zena Hawley",
"Tom Pegden"
] | 2021-01-11T03:20:52 | null | 2021-01-11T03:00:00 |
Planning approval has been given for the £200 million, 11-storey St James Securities scheme in Derby city centre
|
https%3A%2F%2Fwww.business-live.co.uk%2Fregional-development%2F250-flats-could-start-going-19594169.json
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en
| null |
250 flats will start going up on former Debenhams site this spring
| 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
Work will start on a 259 apartment scheme on a former Debenhams store site this spring.
Planning approval has been given for the £200 million, 11-storey St James Securities scheme in Derby city centre which would have commercial units on the ground floor and rental apartments above.
The Leeds-based developer company said it expects to start work on the first phase of the scheme in May. It also includes a public square on the site of the Central United Reformed Church.
Work is already underway to bring forward a second phase, which would include a new 3,500-capacity venue on the site of the Laurie House offices and the former Pink Coconut nightclub.
Future phases could include grade A offices and commercial space, a hotel and a multi-storey car park.
Demolition of the former Debenhams store was completed last year.
Paul Morris, development director at St James Securities, said: “We are delighted that planning has been granted for what will be a landmark regeneration scheme for the city.
“We and our wider team of consultants have been working on the scheme for more than three years.
“To receive a unanimous decision from the planning committee is a vindication that our scheme is the right fit for the city and will provide the impetus to kick-start further investment.
“The Becketwell regeneration scheme is now set to move from being an aspiration to a reality.
“We look forward to working alongside Derby City Council and our other private sector partners to deliver a scheme that will revitalise a long-neglected area of the city and contribute to improving the vibrancy and attraction of the city centre overall.
“Gaining detailed approval will mean that we can now get onto site. At present, the programme is showing a start of works in May, with completion at the start of 2023.”
The city council hopes the development will act as a catalyst for improving the wider Becketwell area while delivering much needed residential accommodation.
Councillor Matthew Holmes, city council deputy leader and cabinet member for regeneration, said: “A thriving city centre is vital for Derby’s future economic prosperity and this project will be transformational - allowing hundreds of people to live in high-quality homes in the heart of the city and breathing new life into an area which has been challenged for many years.
“Of course, alongside the apartments and commercial units that feature in this first phase of the scheme, there will be even wider development, including new offices, public space, and a hotel, as well as a new performance venue, that will be developed by St James Securities and owned by Derby City Council.
“Becketwell will truly help us achieve our aspiration to make Derby a vibrant city where people will want to live, work, shop and spend their leisure time and we look forward to seeing work begin on site to make this a reality in the coming weeks.
“We remain grateful for the support of the D2N2 Local Enterprise Partnership in helping bring this project to life.”
John Forkin, managing director of Marketing Derby, said: “This is an important piece in a bigger jigsaw, that will not only develop the Becketwell site, but also act to build confidence for further investment in Derby.”
St James Securities is currently in legal discussions with the funders and operators of the build-to-rent first phase of the scheme and will be announcing the name of this funding partner in the coming weeks, once contracts have been exchanged.
|
https://www.business-live.co.uk/regional-development/250-flats-could-start-going-19594169
|
en
| 2021-01-11T00:00:00 |
www.business-live.co.uk/0a2ea93ffab9465fb54a582bcf12adfb3e30e77783586f85214851b66efa88cc.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\nWork will start on a 259 apartment scheme on a former Debenhams store site this spring.\nPlanning approval has been given for the £200 million, 11-storey St James Securities scheme in Derby city centre which would have commercial units on the ground floor and rental apartments above.\nThe Leeds-based developer company said it expects to start work on the first phase of the scheme in May. It also includes a public square on the site of the Central United Reformed Church.\nWork is already underway to bring forward a second phase, which would include a new 3,500-capacity venue on the site of the Laurie House offices and the former Pink Coconut nightclub.\nFuture phases could include grade A offices and commercial space, a hotel and a multi-storey car park.\nDemolition of the former Debenhams store was completed last year.\nPaul Morris, development director at St James Securities, said: “We are delighted that planning has been granted for what will be a landmark regeneration scheme for the city.\n“We and our wider team of consultants have been working on the scheme for more than three years.\n“To receive a unanimous decision from the planning committee is a vindication that our scheme is the right fit for the city and will provide the impetus to kick-start further investment.\n“The Becketwell regeneration scheme is now set to move from being an aspiration to a reality.\n“We look forward to working alongside Derby City Council and our other private sector partners to deliver a scheme that will revitalise a long-neglected area of the city and contribute to improving the vibrancy and attraction of the city centre overall.\n“Gaining detailed approval will mean that we can now get onto site. At present, the programme is showing a start of works in May, with completion at the start of 2023.”\nThe city council hopes the development will act as a catalyst for improving the wider Becketwell area while delivering much needed residential accommodation.\nCouncillor Matthew Holmes, city council deputy leader and cabinet member for regeneration, said: “A thriving city centre is vital for Derby’s future economic prosperity and this project will be transformational - allowing hundreds of people to live in high-quality homes in the heart of the city and breathing new life into an area which has been challenged for many years.\n“Of course, alongside the apartments and commercial units that feature in this first phase of the scheme, there will be even wider development, including new offices, public space, and a hotel, as well as a new performance venue, that will be developed by St James Securities and owned by Derby City Council.\n“Becketwell will truly help us achieve our aspiration to make Derby a vibrant city where people will want to live, work, shop and spend their leisure time and we look forward to seeing work begin on site to make this a reality in the coming weeks.\n“We remain grateful for the support of the D2N2 Local Enterprise Partnership in helping bring this project to life.”\nJohn Forkin, managing director of Marketing Derby, said: “This is an important piece in a bigger jigsaw, that will not only develop the Becketwell site, but also act to build confidence for further investment in Derby.”\nSt James Securities is currently in legal discussions with the funders and operators of the build-to-rent first phase of the scheme and will be announcing the name of this funding partner in the coming weeks, once contracts have been exchanged.",
"250 flats will start going up on former Debenhams site this spring",
"Planning approval has been given for the £200 million, 11-storey St James Securities scheme in Derby city centre"
] |
|
[
"Holly Williams",
"Pa Deputy City Editor",
"Hannah Finch",
"Image",
"Pa"
] | 2021-01-05T15:55:44 | null | 2021-01-05T15:40:28 |
Economist Allan Monks at JP Morgan is predicting the latest Covid-19 measures will see GDP slump by around 2.5% in the first quarter of 2021
|
https%3A%2F%2Fwww.business-live.co.uk%2Fenterprise%2Fwarning-lockdown-3-set-plunge-19567823.json
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en
| null |
Warning that lockdown 3 is set to plunge UK back into recession
| 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
Experts are warning of a double-dip recession, fearing the economy will plunge between January and March as England is placed in lockdown for the third time.
Experts said gross domestic product (GDP) – a measure of the size of the economy – is now set to fall in both the final quarter of 2020 and first three months of 2021, plunging the UK back into recession, as defined by two successive quarters of falling output.
The economic woes are likely to see pressure mount on the Bank of England to take further action, with speculation swirling once again over the possibility of negative interest rates in the UK.
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
Economist Allan Monks at JP Morgan is predicting the latest Covid-19 measures will see GDP slump by around 2.5% in the first quarter of 2021.
He said the third lockdown would “hit the economy harder” than in November due to the school closures and tightened measures.
Most experts are already predicting a small fall in GDP in the final quarter of 2020, with the Bank of England last month predicting a 1% decline.
While the drop is far lower than the mammoth GDP fall seen amid last spring’s lockdown, when the economy plummeted by nearly a fifth, it comes as output is still a long way from regaining its poise.
Mr Monks said the economy was “already running 11% below normal heading into this lockdown”.
He said the “path to recovery has been pushed back further” but added there was hope for 2021 as a whole.
“We assume the level of GDP at the end of this year will not be materially lower due to a successful vaccine rollout,” he said.
The essential guide to lockdown 3 in England Lockdown announcement
Business support
The extension of the furlough scheme and another £4.6 billion for retail, hospitality and leisure sites will help cushion the blow in the first quarter, but all eyes will also be on the Bank for any further monetary support.
With rates already at the historic low of 0.1%, policymakers are already looking into the possibility of taking them below zero in the UK.
Mr Monks said the Bank – which meets next on February 4 – may not want to do more just yet, after launching another £150 billion of quantitative easing (QE) in November, while negative rates are still being assessed.
On negative rates, he said: “The Bank has given no indication that it is ready to move as quickly as next month on that front, with the result of its review not even published yet and some internal members voicing misgivings about the efficacy of taking rates lower in a downturn.
“If its thinking on this has changed we would expect a clearer indication from internal members on the Monetary Policy Committee in the coming days and weeks.”
|
https://www.business-live.co.uk/enterprise/warning-lockdown-3-set-plunge-19567823
|
en
| 2021-01-05T00:00:00 |
www.business-live.co.uk/17c1fd3b29057bafc58d2d6d352cdeaeb25e2e19f396f0ae591e16ab4365ce97.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\nExperts are warning of a double-dip recession, fearing the economy will plunge between January and March as England is placed in lockdown for the third time.\nExperts said gross domestic product (GDP) – a measure of the size of the economy – is now set to fall in both the final quarter of 2020 and first three months of 2021, plunging the UK back into recession, as defined by two successive quarters of falling output.\nThe economic woes are likely to see pressure mount on the Bank of England to take further action, with speculation swirling once again over the possibility of negative interest rates in the UK.\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\nEconomist Allan Monks at JP Morgan is predicting the latest Covid-19 measures will see GDP slump by around 2.5% in the first quarter of 2021.\nHe said the third lockdown would “hit the economy harder” than in November due to the school closures and tightened measures.\nMost experts are already predicting a small fall in GDP in the final quarter of 2020, with the Bank of England last month predicting a 1% decline.\nWhile the drop is far lower than the mammoth GDP fall seen amid last spring’s lockdown, when the economy plummeted by nearly a fifth, it comes as output is still a long way from regaining its poise.\nMr Monks said the economy was “already running 11% below normal heading into this lockdown”.\nHe said the “path to recovery has been pushed back further” but added there was hope for 2021 as a whole.\n“We assume the level of GDP at the end of this year will not be materially lower due to a successful vaccine rollout,” he said.\nThe essential guide to lockdown 3 in England Lockdown announcement\nBusiness support\nThe extension of the furlough scheme and another £4.6 billion for retail, hospitality and leisure sites will help cushion the blow in the first quarter, but all eyes will also be on the Bank for any further monetary support.\nWith rates already at the historic low of 0.1%, policymakers are already looking into the possibility of taking them below zero in the UK.\nMr Monks said the Bank – which meets next on February 4 – may not want to do more just yet, after launching another £150 billion of quantitative easing (QE) in November, while negative rates are still being assessed.\nOn negative rates, he said: “The Bank has given no indication that it is ready to move as quickly as next month on that front, with the result of its review not even published yet and some internal members voicing misgivings about the efficacy of taking rates lower in a downturn.\n“If its thinking on this has changed we would expect a clearer indication from internal members on the Monetary Policy Committee in the coming days and weeks.”",
"Warning that lockdown 3 is set to plunge UK back into recession",
"Economist Allan Monks at JP Morgan is predicting the latest Covid-19 measures will see GDP slump by around 2.5% in the first quarter of 2021"
] |
|
[
"David Laister",
"Image",
"Newcastle Chronicle"
] | 2021-01-14T10:05:28 | null | 2021-01-14T09:00:16 |
Indian chef, creative crafter and voiceover star triumph
|
https%3A%2F%2Fwww.business-live.co.uk%2Fenterprise%2Ftrio-female-entrepreneurs-shine-top-19620059.json
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en
| null |
Trio of female entrepreneurs shine in a top 100 celebrating amazing Covid multi-tasking successes
| 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
Three female Grimsby-area entrepreneurs have been recognised for their inspirational and multi-faceted achievements.
Ruchita Green, Gemma Winter and Liz Drury are being celebrated as part of the #Ialso100 movement from f:Entreprenuer - highlighting those proving critical to communities during the Covid-19 pandemic.
Ruchita, who founded Masala Masters in 2015, said: “Prior to the pandemic, Masala Masters was a flourishing experience-based business. Cooking with people in their kitchens, sharing the love for Indian food, and we have been fortunate to be welcomed into people’s homes for some of their most precious celebrations. But lockdown meant that we could no longer do that.
“It took a bit of quick thinking, and lots of crossed fingers for us to host live cook-alongs on our Facebook page every Saturday afternoon. It was fantastic to bring people from across the region together and create the same food, thus enjoying a meal ‘together’ but in our own homes.
“The photos that came through really lifted my spirits, and I hope they helped those who were feeling overwhelmed by the way the world was going.”
She has also used the time to pull together a first cookbook, set to launch in the coming months, while being part of Grimsby Food Fight and The Equality Practice - and having a third child a fortnight before first lockdown. “It was challenging to have a newborn, two home-schoolers, and working from home to try and keep a food business alive through a pandemic, but we’ve survived! I am also a joint-carer for my in-laws who are both in their 80s and moved in with us in early 2016. To have them here, watching their grandchildren grow, is a blessing.”
Of the listing, she said: “I was quite surprised to receive the email. I applied to the campaign as a moral booster for myself, if I’m being completely truthful. As women, mothers, and businesspeople all rolled into one, we often find ourselves consumed by self-doubt. We ask ourselves that question multiple times a week – am I good enough?”
Gemma opened her independent gift shop It Started With a Stitch two days before the second lockdown, having launched her creative business in 2014. She was also called out for her work with local community centre Welholme Works, and passionate support of other locally-owned small businesses.
“Being recognised by such a brilliant campaign for just doing what I do has been the best start to 2021,” she said. “Things are really tough right now for small business owners but seeing the other women who have made the #Ialso100 as well as all the other business owners I work with makes me realise just how resilient we are. I’m really proud to have made it onto the list and am in very good company with lots of other inspirational women. It’s made me even more hopeful for the future of It Started With a Stitch, both as a maker and as a shop owner.”
Liz founded her eponymous voiceover business in 2013 and has been recognised after developing an online course on the subject. As secretary of the South Bank Players in Barton she has also been organiding online readings and arranging remote recordings of radio sketches to keep the group going when they can’t meet. She has also registered as an NHS responder – collecting prescriptions and shopping for those self-isolating.
“I feel honoured to be listed among some truly inspirational women,” she said. “I have always been involved in extra-curricular and voluntary activities from a young age, and I thoroughly enjoy all the different roles I play and the different hats I wear!”
(Image: Newcastle Chronicle)
Both f:Entrepreneur and Small Business Britain were founded by Michelle Ovens CBE, who is also the director of Small Business Saturday UK.
“Congratulations to all the inspiring women chosen to join this year’s #ialso100,” she said. “Despite the significant obstacles thrown at them in the last year, female entrepreneurship continues to grow and flourish. We need to continue, and increase, our support for these incredible women and celebrate their amazing strength and success in the face of huge challenges.
“We have seen so many women embracing change, generating and exploring new ideas, rallying around their communities and supporting their peers. This resilience is hugely valuable and will set them up for success as they will be at the very heart of the UK’s recovery.”
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https://www.business-live.co.uk/enterprise/trio-female-entrepreneurs-shine-top-19620059
|
en
| 2021-01-14T00:00:00 |
www.business-live.co.uk/f256b09ea4f19a89a3d5e0aadd7230f05f7e289eaa17f4111dac3af6f1627817.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\nThree female Grimsby-area entrepreneurs have been recognised for their inspirational and multi-faceted achievements.\nRuchita Green, Gemma Winter and Liz Drury are being celebrated as part of the #Ialso100 movement from f:Entreprenuer - highlighting those proving critical to communities during the Covid-19 pandemic.\nRuchita, who founded Masala Masters in 2015, said: “Prior to the pandemic, Masala Masters was a flourishing experience-based business. Cooking with people in their kitchens, sharing the love for Indian food, and we have been fortunate to be welcomed into people’s homes for some of their most precious celebrations. But lockdown meant that we could no longer do that.\n“It took a bit of quick thinking, and lots of crossed fingers for us to host live cook-alongs on our Facebook page every Saturday afternoon. It was fantastic to bring people from across the region together and create the same food, thus enjoying a meal ‘together’ but in our own homes.\n“The photos that came through really lifted my spirits, and I hope they helped those who were feeling overwhelmed by the way the world was going.”\nShe has also used the time to pull together a first cookbook, set to launch in the coming months, while being part of Grimsby Food Fight and The Equality Practice - and having a third child a fortnight before first lockdown. “It was challenging to have a newborn, two home-schoolers, and working from home to try and keep a food business alive through a pandemic, but we’ve survived! I am also a joint-carer for my in-laws who are both in their 80s and moved in with us in early 2016. To have them here, watching their grandchildren grow, is a blessing.”\nOf the listing, she said: “I was quite surprised to receive the email. I applied to the campaign as a moral booster for myself, if I’m being completely truthful. As women, mothers, and businesspeople all rolled into one, we often find ourselves consumed by self-doubt. We ask ourselves that question multiple times a week – am I good enough?”\nGemma opened her independent gift shop It Started With a Stitch two days before the second lockdown, having launched her creative business in 2014. She was also called out for her work with local community centre Welholme Works, and passionate support of other locally-owned small businesses.\n“Being recognised by such a brilliant campaign for just doing what I do has been the best start to 2021,” she said. “Things are really tough right now for small business owners but seeing the other women who have made the #Ialso100 as well as all the other business owners I work with makes me realise just how resilient we are. I’m really proud to have made it onto the list and am in very good company with lots of other inspirational women. It’s made me even more hopeful for the future of It Started With a Stitch, both as a maker and as a shop owner.”\nLiz founded her eponymous voiceover business in 2013 and has been recognised after developing an online course on the subject. As secretary of the South Bank Players in Barton she has also been organiding online readings and arranging remote recordings of radio sketches to keep the group going when they can’t meet. She has also registered as an NHS responder – collecting prescriptions and shopping for those self-isolating.\n“I feel honoured to be listed among some truly inspirational women,” she said. “I have always been involved in extra-curricular and voluntary activities from a young age, and I thoroughly enjoy all the different roles I play and the different hats I wear!”\n(Image: Newcastle Chronicle)\nBoth f:Entrepreneur and Small Business Britain were founded by Michelle Ovens CBE, who is also the director of Small Business Saturday UK.\n“Congratulations to all the inspiring women chosen to join this year’s #ialso100,” she said. “Despite the significant obstacles thrown at them in the last year, female entrepreneurship continues to grow and flourish. We need to continue, and increase, our support for these incredible women and celebrate their amazing strength and success in the face of huge challenges.\n“We have seen so many women embracing change, generating and exploring new ideas, rallying around their communities and supporting their peers. This resilience is hugely valuable and will set them up for success as they will be at the very heart of the UK’s recovery.”",
"Trio of female entrepreneurs shine in a top 100 celebrating amazing Covid multi-tasking successes",
"Indian chef, creative crafter and voiceover star triumph"
] |
|
[
"Tom Houghton"
] | 2021-01-20T10:17:26 | null | 2021-01-20T10:05:29 |
It's hoped to drive the clean growth agenda, support a circular economy and achieve regional climate targets
|
https%3A%2F%2Fwww.business-live.co.uk%2Feconomic-development%2Fpeel-lp-launches-natural-resources-19661425.json
|
en
| null |
Peel L&P launches natural resources and energy business as efforts for net zero North West ramp up
| 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
Peel L&P has launched a natural resources and energy business to help support the UK's green economic recovery, in a move welcomed by leading voices from across the region.
Peel NRE will bring together the skills of the Manchester-based regeneration specialist's energy, environmental and water teams to help drive the nation’s clean growth agenda, support a circular economy and help achieve regional climate emergency targets.
The new company's plans include securing 300MW of additional renewable energy through wind and solar over the next five years, as well as taking forward proposals for its Beaw Field and Mossy Hill wind farms on the Shetland Islands.
Its flagship 54-hectare Protos resource and energy hub in Cheshire is developing a cluster of low carbon energy generation - at the heart of the Net Zero North West industrial decarbonisation cluster.
Myles Kitcher, who has headed up Peel L&P Environmental for the past 14 years will lead the new business as executive director of Peel NRE.
He said: “Recent events across the world have put even more emphasis on the need for us to look after our planet and find ways to help to tackle climate change and the Government’s recent Energy White Paper presents lots of change and opportunity ahead for the industry.
“Peel NRE is already underway on a number of projects to help drive forward the nation’s clean growth and a circular economy whereby we reuse and recycle as many products and materials for as long as possible.
“We have years of experience and can scale up our projects and partnership work to help the Government achieve a green industrial revolution and support local authorities to meet regional climate emergency targets.
“Bringing our specialisms together as one business harnesses our strengths and with this, I believe we can do more, drive better results and improve innovation across the sector and in the North at a time when it’s needed most.”
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.
Peel NRE will continue to grow its low carbon district heating portfolio lead by its Ener-Vate business and with its Mersey Heat energy service company already developing a network to service up to 9,000 homes and 4m sq ft of commercial space at Peel L&P’s Liverpool Waters.
To help provide the infrastructure needed to meet the Government’s target to remove petrol and diesel cars from the country’s roads by 2030, the business will also look at opportunities to develop an electric vehicle charging network.
The business also manages 124km of waterways, including the Manchester Ship Canal, Bridgewater Canal, River Medway and provides access to more than 150,000,000m3 of water per year.
Peel NRE’s specialisms will be waste to value, district heating, renewable energy (onshore wind and solar), materials management including, soil washing and recycled aggregates, asset management including quarries, water, electric vehicle charging and Protos.
The move has been backed by business and industry leaders around the region.
Emma Degg, chief executive of the North West Business Leadership Team said: “The drive to Net Zero will depend upon businesses, government and local policy makers all playing their part.
"Peel L&P has an established track record of turning vision into reality and Peel NRE is a valuable addition to the North West’s business landscape.
"We look forward to working with the new company to realise real change for our economy and local communities – both in terms of new jobs and opportunities and the environmental legacy future generations deserve.”
Describing the news as a "very welcome boost", Ged Barlow, executive director at Net Zero North West, said: “The establishment of Peel NRE will support one of the North West’s business heavyweights to better harness the strength of its energy, environmental and water operations and develop a 360-degree strategy for tackling the decarbonisation challenge.
"This merger can be a major force in building the UK’s first low carbon industrial cluster right here in the North West.”
Professor Joe Howe, executive director of Thornton Energy Research Institute at The University of Chester and chair of the North West Hydrogen Alliance said: "I'm really pleased to see this commitment to the green recovery through the creation of Peel NRE. Peel L&P has always been a strong supporter of the North West Hydrogen Alliance and the University.
"This new business will play an important role in helping us push forward the hydrogen economy. Bringing together experience from different parts of Peel L&P into Peel NRE will only serve to accelerate the hydrogen and net zero agenda."
|
https://www.business-live.co.uk/economic-development/peel-lp-launches-natural-resources-19661425
|
en
| 2021-01-20T00:00:00 |
www.business-live.co.uk/be7396021aeac06f7c606c2e2e46a2bed11cf0af50169f230959b960c3692745.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\nPeel L&P has launched a natural resources and energy business to help support the UK's green economic recovery, in a move welcomed by leading voices from across the region.\nPeel NRE will bring together the skills of the Manchester-based regeneration specialist's energy, environmental and water teams to help drive the nation’s clean growth agenda, support a circular economy and help achieve regional climate emergency targets.\nThe new company's plans include securing 300MW of additional renewable energy through wind and solar over the next five years, as well as taking forward proposals for its Beaw Field and Mossy Hill wind farms on the Shetland Islands.\nIts flagship 54-hectare Protos resource and energy hub in Cheshire is developing a cluster of low carbon energy generation - at the heart of the Net Zero North West industrial decarbonisation cluster.\nMyles Kitcher, who has headed up Peel L&P Environmental for the past 14 years will lead the new business as executive director of Peel NRE.\nHe said: “Recent events across the world have put even more emphasis on the need for us to look after our planet and find ways to help to tackle climate change and the Government’s recent Energy White Paper presents lots of change and opportunity ahead for the industry.\n“Peel NRE is already underway on a number of projects to help drive forward the nation’s clean growth and a circular economy whereby we reuse and recycle as many products and materials for as long as possible.\n“We have years of experience and can scale up our projects and partnership work to help the Government achieve a green industrial revolution and support local authorities to meet regional climate emergency targets.\n“Bringing our specialisms together as one business harnesses our strengths and with this, I believe we can do more, drive better results and improve innovation across the sector and in the North at a time when it’s needed most.”\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.\nPeel NRE will continue to grow its low carbon district heating portfolio lead by its Ener-Vate business and with its Mersey Heat energy service company already developing a network to service up to 9,000 homes and 4m sq ft of commercial space at Peel L&P’s Liverpool Waters.\nTo help provide the infrastructure needed to meet the Government’s target to remove petrol and diesel cars from the country’s roads by 2030, the business will also look at opportunities to develop an electric vehicle charging network.\nThe business also manages 124km of waterways, including the Manchester Ship Canal, Bridgewater Canal, River Medway and provides access to more than 150,000,000m3 of water per year.\nPeel NRE’s specialisms will be waste to value, district heating, renewable energy (onshore wind and solar), materials management including, soil washing and recycled aggregates, asset management including quarries, water, electric vehicle charging and Protos.\nThe move has been backed by business and industry leaders around the region.\nEmma Degg, chief executive of the North West Business Leadership Team said: “The drive to Net Zero will depend upon businesses, government and local policy makers all playing their part.\n\"Peel L&P has an established track record of turning vision into reality and Peel NRE is a valuable addition to the North West’s business landscape.\n\"We look forward to working with the new company to realise real change for our economy and local communities – both in terms of new jobs and opportunities and the environmental legacy future generations deserve.”\nDescribing the news as a \"very welcome boost\", Ged Barlow, executive director at Net Zero North West, said: “The establishment of Peel NRE will support one of the North West’s business heavyweights to better harness the strength of its energy, environmental and water operations and develop a 360-degree strategy for tackling the decarbonisation challenge.\n\"This merger can be a major force in building the UK’s first low carbon industrial cluster right here in the North West.”\nProfessor Joe Howe, executive director of Thornton Energy Research Institute at The University of Chester and chair of the North West Hydrogen Alliance said: \"I'm really pleased to see this commitment to the green recovery through the creation of Peel NRE. Peel L&P has always been a strong supporter of the North West Hydrogen Alliance and the University.\n\"This new business will play an important role in helping us push forward the hydrogen economy. Bringing together experience from different parts of Peel L&P into Peel NRE will only serve to accelerate the hydrogen and net zero agenda.\"",
"Peel L&P launches natural resources and energy business as efforts for net zero North West ramp up",
"It's hoped to drive the clean growth agenda, support a circular economy and achieve regional climate targets"
] |
|
[
"Tamlyn Jones"
] | 2021-01-05T08:18:53 | null | 2021-01-05T08:00:00 |
Firm said revenue had increased by £6m as more people used lockdown and furlough to complete jobs around the house they had been putting off
|
https%3A%2F%2Fwww.business-live.co.uk%2Fretail-consumer%2Flumberjack-tools-invests-600000-black-19546410.json
|
en
| null |
Lumberjack Tools invests £600,000 into Black Country plant
| 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 power tool supplier has invested £600,000 into expanding its Black Country headquarters after seeing sales soar fuelled by an uptake in DIY during lockdown.
Lumberjack Tools, which is run by brothers Bill, Dave and Fred Evans, said revenue had increased by £6 million as more people used lockdown and furlough to complete jobs around the house they had been putting off.
As a result, it has added three new staff to its team and invested around £600,000 into an additional 17,000 sq ft distribution facility next to its HQ on the Manders Estate, Wolverhampton.
The decision will support the next stage of its development which includes the growth of new brands Autojack and Gardenjack and adding up to 200 extra products to the range.
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.
Managing director Fred Evans said: "Like a lot of e-commerce businesses, we have seen a huge spike in demand from the home DIY market, with covid-19 giving people more time to focus on projects they’d been putting off.
"Sales of saws, sanders, routers, wood lathes and jigs are up 100 per cent and we’ve had to buy in bulk to ensure we can continue to supply demand from our growing customer base.
"Our 13 staff have worked so hard during the pandemic, really going above and beyond to deliver outstanding customer service.
"As a business, we have also been proactive, pressing the button on a major investment drive that will give us more space, enhanced IT infrastructure and new forklift and pallet trucks."
Lumberjack Tools was set up in 2004 in a small industrial unit in West Bromwich and grew steadily until it fully embraced online sales eight years later.
Mr Evans added: "A big focus for 2021 is targeting more key accounts which can sell our products to a far wider audience in the UK.
"Machine Mart is the first organisation to sign-up and we’re looking at other well-established woodworking outlets which can give us a footprint in the retail world and customers face-to-face knowledge of our products."
|
https://www.business-live.co.uk/retail-consumer/lumberjack-tools-invests-600000-black-19546410
|
en
| 2021-01-05T00:00:00 |
www.business-live.co.uk/ee2b8d6d797e008d7ae5935726b67ebf595163d4b98ccdd552515371406df9e1.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 power tool supplier has invested £600,000 into expanding its Black Country headquarters after seeing sales soar fuelled by an uptake in DIY during lockdown.\nLumberjack Tools, which is run by brothers Bill, Dave and Fred Evans, said revenue had increased by £6 million as more people used lockdown and furlough to complete jobs around the house they had been putting off.\nAs a result, it has added three new staff to its team and invested around £600,000 into an additional 17,000 sq ft distribution facility next to its HQ on the Manders Estate, Wolverhampton.\nThe decision will support the next stage of its development which includes the growth of new brands Autojack and Gardenjack and adding up to 200 extra products to the range.\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.\nManaging director Fred Evans said: \"Like a lot of e-commerce businesses, we have seen a huge spike in demand from the home DIY market, with covid-19 giving people more time to focus on projects they’d been putting off.\n\"Sales of saws, sanders, routers, wood lathes and jigs are up 100 per cent and we’ve had to buy in bulk to ensure we can continue to supply demand from our growing customer base.\n\"Our 13 staff have worked so hard during the pandemic, really going above and beyond to deliver outstanding customer service.\n\"As a business, we have also been proactive, pressing the button on a major investment drive that will give us more space, enhanced IT infrastructure and new forklift and pallet trucks.\"\nLumberjack Tools was set up in 2004 in a small industrial unit in West Bromwich and grew steadily until it fully embraced online sales eight years later.\nMr Evans added: \"A big focus for 2021 is targeting more key accounts which can sell our products to a far wider audience in the UK.\n\"Machine Mart is the first organisation to sign-up and we’re looking at other well-established woodworking outlets which can give us a footprint in the retail world and customers face-to-face knowledge of our products.\"",
"Lumberjack Tools invests £600,000 into Black Country plant",
"Firm said revenue had increased by £6m as more people used lockdown and furlough to complete jobs around the house they had been putting off"
] |
|
[
"Hannah Baker",
"Image",
"Surecav"
] | 2021-01-25T12:32:02 | null | 2021-01-25T11:48:34 |
The wall cavity firm said there was an “increasing appetite” for its recycled products - and business was booming
|
https%3A%2F%2Fwww.business-live.co.uk%2Fenterprise%2Fwincanton-based-surecav-records-most-19693827.json
|
en
| null |
Wincanton-based Surecav records most successful year ever in 2020 amid 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
A Somerset company that makes cavities for walls using recycled plastic experienced its most successful year to date in 2020 amid the coronavirus pandemic.
Wincanton-based Surecav saw growth in sales accelerate from a five-year average of 15% to 18% for the last quarter of the year.
The company is also forecasting its year-end EBITDA growth - a measure of a company's overall financial performance - on January 31 to be more than 50% up on the previous year.
Surecav said there was an “increasing appetite” for its recycled products following the growth of green construction.
The company's forecasts for 2021 to 2022 are positive, with a predicted increase of 20% to 30% growth. Surecav said it hoped to achieve a 100% increase in sales within two years.
Last year Surecav made a number of major investments as well as launching a new website. It also signed a contract with Wiltshire-based brushware and cleaning tools manufacturer Hillbrush.
According to Surecav, the new partnership will “open up a host of new audiences” for the brand, including a greater presence in emerging markets such as the US.
Founder and managing director Charlie Ayers said: “When you consider these results against the backdrop of an extremely challenging year, full of uncertainty, one cannot help but be positive.
“It seems that, with far more time available to consider alternative materials to meet the increasing number of sustainability briefs, fast becoming the norm across all construction projects, built environment professionals are discovering the benefits of SureCav.”
Mr Ayers added that Surecav would be “ramping up” sales and marketing activity in 2021 alongside new manufacturing partner Hillbrush.
|
https://www.business-live.co.uk/enterprise/wincanton-based-surecav-records-most-19693827
|
en
| 2021-01-25T00:00:00 |
www.business-live.co.uk/7ce309e4ece52fcccae4140cdf81f7833df158a90d6d98c2291f64fe7b4b2720.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 Somerset company that makes cavities for walls using recycled plastic experienced its most successful year to date in 2020 amid the coronavirus pandemic.\nWincanton-based Surecav saw growth in sales accelerate from a five-year average of 15% to 18% for the last quarter of the year.\nThe company is also forecasting its year-end EBITDA growth - a measure of a company's overall financial performance - on January 31 to be more than 50% up on the previous year.\nSurecav said there was an “increasing appetite” for its recycled products following the growth of green construction.\nThe company's forecasts for 2021 to 2022 are positive, with a predicted increase of 20% to 30% growth. Surecav said it hoped to achieve a 100% increase in sales within two years.\nLast year Surecav made a number of major investments as well as launching a new website. It also signed a contract with Wiltshire-based brushware and cleaning tools manufacturer Hillbrush.\nAccording to Surecav, the new partnership will “open up a host of new audiences” for the brand, including a greater presence in emerging markets such as the US.\nFounder and managing director Charlie Ayers said: “When you consider these results against the backdrop of an extremely challenging year, full of uncertainty, one cannot help but be positive.\n“It seems that, with far more time available to consider alternative materials to meet the increasing number of sustainability briefs, fast becoming the norm across all construction projects, built environment professionals are discovering the benefits of SureCav.”\nMr Ayers added that Surecav would be “ramping up” sales and marketing activity in 2021 alongside new manufacturing partner Hillbrush.",
"Wincanton-based Surecav records most successful year ever in 2020 amid pandemic",
"The wall cavity firm said there was an “increasing appetite” for its recycled products - and business was booming"
] |
|
[
"Dylan Jones-Evans",
"Image",
"Shared Content Unit"
] | 2021-01-01T10:31:22 | null | 2021-01-01T09:34:15 |
One of the most important lessons from 2020 is the need for SMEs to be better prepared for crises
|
https%3A%2F%2Fwww.business-live.co.uk%2Fopinion-analysis%2Fchallenges-opportunities-facing-smes-19547782.json
|
en
| null |
The challenges and opportunities facing SMEs
| 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
As we bid good riddance to 2020 and look forward with optimism to a very different year thanks to the recent approval of the Oxford vaccine, the performance of small and medium sized enterprises (SMEs) will be key to any economic recovery.
That is why the recent report from the Enterprise Research Centre, The State of Small Business Britain , is an important examination of the impact of Covid-19 on businesses but also, more importantly, examines the challenges that policymakers need to focus on in 2021.
The first key issue is that of digitisation and it is not surprising that the report notes a shift in the adoption of advanced technologies with around half of SMEs introducing new digital technologies as a priority in the last 12 months. In addition, two out of five stated they had made some changes in their use of digital in response to the pandemic, with many adopting technologies they had never previously used.
Obviously, it could be argued that whilst this trend was a result of necessity rather than any strategic decision, it has not been easy for many SMEs given that new technologies require both organisational change and potential modifications to the business model.
Not surprising, the biggest impact has been the need for new remote working practices and higher levels of online sales with 95% of firms reporting a greater use of video conferencing and collaborative working tools and 64% increasing their use of online marketing and social media.
Unexpectedly perhaps, there was also greater use of more advanced digital technologies including Internet of Things (64%), augmented and virtual reality (49%) and artificial intelligence/ machine learning (48%).
But whilst there had been investment into digital technologies in the first stages of the Covid-19 pandemic, most SMEs suggested they would not continue with this approach due a lack of digital skills. This is disappointing given that those businesses that use digital technologies have, on average, higher productivity, and are more likely to export, invest in R&D, and innovate.
With increased sustainability and the green recovery being seen as a critical part of the “new normal” for the UK economy, it is heartening that over half of the SMEs surveyed stated that ‘reducing environmental impact’ was a business priority with one in four saying that it this become an even greater priority since the pandemic began.
More importantly, 72% of SMEs stated that they had taken steps to minimise the environmental impact of their business over the past year mainly due to an effort to reduce costs, presumably because of with the financial pressures of the COVID-19 crisis. This included changed production and distribution processes, use of renewable energy, training on environmental matters, and introducing new low carbon products or services to the market.
Unfortunately, the pandemic has also been a barrier to net zero practices as it has constrained diffusion especially due to a lack of information on low carbon technology, complying with regulations, uncertain demand for low carbon products and services (27 per cent), and a lack of relevant skills. These issues must be addressed by policymakers in any developments to support the implementation of net-zero and broader sustainability practices among SMEs.
In terms of innovation, the report suggests that there has been a significant impact of the Covid-19 crisis on R&D and innovation with a third of SMEs having reduced their R&D and innovation spending in the three months to October 2020 with further reductions planned in the future.
More worryingly, other important parts of the innovation ecosystem in the UK such as higher education institutions have been seriously impacted financially by COVID-19. This could have a real impact on an innovation-led recovery unless different parts of the UK develop their own specific policies for supporting R&D and innovation that make the most of the strengths of each region or nation.
Given the different lockdowns that have taken place during the pandemic, it is not surprising that the COVID-19 crisis has had major implications for mental health in the workplace affecting not only individual workers but also business performance with research showing an association between lower productivity and mental health sickness.
In fact, firms were 25% less productive in situations where mental health impacted their performance. For employees, increased fears of stigma and job insecurity meant that they were now less likely to admit to mental health issues, an issue exacerbated by changes in working practices such as remote working that were making it more difficult to identify the changes in behaviour associated with mental health issues. Given this, there will be is a growing requirement for greater policy thinking around employee well-being as part of any policy supporting sustainable business performance.
So what are the lessons from the report? First of all, specific business advice can help firms to improve their productivity and strengthening (and simplifying) business support must a key objective in achieving this.
In ensuring recovery, another key finding is that as high-performing firms are associated with inspirational leadership, there needs to be greater investment in supporting the founders and managers of SMEs to develop the skills they need to be effective leaders of transformational change.
Finally, one of the most important lessons from 2020 is the need for SMEs to be better prepared for crises and that business resilience, a theme so often neglected by entrepreneurs, is at the heart of any future planning and support.
Given this, it is imperative that SMEs learn vital lessons from the pandemic, especially from business leaders across key sectors who will have important experiences and insights to share with their peers.
|
https://www.business-live.co.uk/opinion-analysis/challenges-opportunities-facing-smes-19547782
|
en
| 2021-01-01T00:00:00 |
www.business-live.co.uk/c1d010e986fe4df7a2b2689d6b98d6528bf64e5ed952a8abf026ae2ce67119f6.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\nAs we bid good riddance to 2020 and look forward with optimism to a very different year thanks to the recent approval of the Oxford vaccine, the performance of small and medium sized enterprises (SMEs) will be key to any economic recovery.\nThat is why the recent report from the Enterprise Research Centre, The State of Small Business Britain , is an important examination of the impact of Covid-19 on businesses but also, more importantly, examines the challenges that policymakers need to focus on in 2021.\nThe first key issue is that of digitisation and it is not surprising that the report notes a shift in the adoption of advanced technologies with around half of SMEs introducing new digital technologies as a priority in the last 12 months. In addition, two out of five stated they had made some changes in their use of digital in response to the pandemic, with many adopting technologies they had never previously used.\nObviously, it could be argued that whilst this trend was a result of necessity rather than any strategic decision, it has not been easy for many SMEs given that new technologies require both organisational change and potential modifications to the business model.\nNot surprising, the biggest impact has been the need for new remote working practices and higher levels of online sales with 95% of firms reporting a greater use of video conferencing and collaborative working tools and 64% increasing their use of online marketing and social media.\nUnexpectedly perhaps, there was also greater use of more advanced digital technologies including Internet of Things (64%), augmented and virtual reality (49%) and artificial intelligence/ machine learning (48%).\nBut whilst there had been investment into digital technologies in the first stages of the Covid-19 pandemic, most SMEs suggested they would not continue with this approach due a lack of digital skills. This is disappointing given that those businesses that use digital technologies have, on average, higher productivity, and are more likely to export, invest in R&D, and innovate.\nWith increased sustainability and the green recovery being seen as a critical part of the “new normal” for the UK economy, it is heartening that over half of the SMEs surveyed stated that ‘reducing environmental impact’ was a business priority with one in four saying that it this become an even greater priority since the pandemic began.\nMore importantly, 72% of SMEs stated that they had taken steps to minimise the environmental impact of their business over the past year mainly due to an effort to reduce costs, presumably because of with the financial pressures of the COVID-19 crisis. This included changed production and distribution processes, use of renewable energy, training on environmental matters, and introducing new low carbon products or services to the market.\nUnfortunately, the pandemic has also been a barrier to net zero practices as it has constrained diffusion especially due to a lack of information on low carbon technology, complying with regulations, uncertain demand for low carbon products and services (27 per cent), and a lack of relevant skills. These issues must be addressed by policymakers in any developments to support the implementation of net-zero and broader sustainability practices among SMEs.\nIn terms of innovation, the report suggests that there has been a significant impact of the Covid-19 crisis on R&D and innovation with a third of SMEs having reduced their R&D and innovation spending in the three months to October 2020 with further reductions planned in the future.\nMore worryingly, other important parts of the innovation ecosystem in the UK such as higher education institutions have been seriously impacted financially by COVID-19. This could have a real impact on an innovation-led recovery unless different parts of the UK develop their own specific policies for supporting R&D and innovation that make the most of the strengths of each region or nation.\nGiven the different lockdowns that have taken place during the pandemic, it is not surprising that the COVID-19 crisis has had major implications for mental health in the workplace affecting not only individual workers but also business performance with research showing an association between lower productivity and mental health sickness.\nIn fact, firms were 25% less productive in situations where mental health impacted their performance. For employees, increased fears of stigma and job insecurity meant that they were now less likely to admit to mental health issues, an issue exacerbated by changes in working practices such as remote working that were making it more difficult to identify the changes in behaviour associated with mental health issues. Given this, there will be is a growing requirement for greater policy thinking around employee well-being as part of any policy supporting sustainable business performance.\nSo what are the lessons from the report? First of all, specific business advice can help firms to improve their productivity and strengthening (and simplifying) business support must a key objective in achieving this.\nIn ensuring recovery, another key finding is that as high-performing firms are associated with inspirational leadership, there needs to be greater investment in supporting the founders and managers of SMEs to develop the skills they need to be effective leaders of transformational change.\nFinally, one of the most important lessons from 2020 is the need for SMEs to be better prepared for crises and that business resilience, a theme so often neglected by entrepreneurs, is at the heart of any future planning and support.\nGiven this, it is imperative that SMEs learn vital lessons from the pandemic, especially from business leaders across key sectors who will have important experiences and insights to share with their peers.",
"The challenges and opportunities facing SMEs",
"One of the most important lessons from 2020 is the need for SMEs to be better prepared for crises"
] |
|
[
"Daniel Clark",
"Local Democracy Reporter",
"Hannah Finch"
] | 2021-01-15T00:28:33 | null | 2021-01-15T00:02:00 |
The rail station was due to open in 2016 but has been beset by delays and spiralling costs
|
https%3A%2F%2Fwww.business-live.co.uk%2Fregional-development%2Fconstruction-16million-rail-station-exeters-19624961.json
|
en
| null |
Construction of £16million rail station for Exeter's Marsh Barton to begin within weeks
| 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
Work is set to begin on Exeter's Marsh Barton Railway Station in February.
The station should have been up and running in December 2016, but spiralling costs and protracted discussions with the rail industry led to delays.
Part of the Devon Metro project, which includes a number of rail infrastructure improvements in the Exeter area, the scheme for Marsh Barton station is designed to create sustainable links to one of the cities biggest industrial areas, opening up access for employment, retail and leisure.
Cllr Andrea Davis, Devon County Council cabinet member for infrastructure, said that enabling and advanced works on the station would begin in February.
She added: “It has been far from a smooth or easy journey to this point. This will be a destination station and help with the congestion we experience every day in normal times in Marsh Barton, and I look forward to the new station.”
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 every major sector, from manufacturing to tech. Sign up here.
She was speaking at Devon County Council’s cabinet, when they met on Wednesday January 13. They unanimously approved the construction of the £16million project after planning permission was granted last month.
Artist impression of the new Marsh Barton railway station
The proposed station will have two platforms, with the eastern and western platforms served by trains to Newton Abbot and Exeter, respectively. Each platform will be 124 metres in length, sufficient to accommodate trains formed of up to 5 cars, and will be 4m wide.
Each platform will have a waiting shelter, 10m wide by 1.5m deep, containing 12 stainless steel seats with arm rests, and a perch rail for four passengers, as well as one ticket vending machine on each platform, located inside the waiting shelters.
Vehicular access to the station will be from Clapperbrook Lane East, with a new access road meeting the existing road at a junction on the eastern edge of the side, with access to the station for pedestrians and cyclists will be via paths which connect to the new footway/cycleway, with a new bridge over the river also provided as part of the work.
Artist impression of the new Marsh Barton railway station
Cllr Andrew Leadbetter, also speaking in support of the station, added: “This is an important piece of infrastructure and although the price has increased, it’s not all for the station, as some of it is for the bridge on a very narrow lane, so we are also getting some highway improvements for pedestrians and cyclists. All in all, this is some really good news.”
No parking spaces will be provided for general use, as it is expected the station will primarily serve as a destination, and it is intended to encourage use of sustainable modes of transport.
The £16m station will be funded by a variety of sources, including £1.3m each from Exeter City Council and Teignbridge District Council, £3m from the Department for Transport, and nearly £3m from the existing Local Transport Plan.
Be part of the conversation. Do you think the railway station at Marsh Barton is a good idea - will it encourage people to abandon their cars? Let us know your views in the comments section below
|
https://www.business-live.co.uk/regional-development/construction-16million-rail-station-exeters-19624961
|
en
| 2021-01-15T00:00:00 |
www.business-live.co.uk/d05b670a63276d5782b697d87161470b683d46de0a1950f4fd71ebb6318c0d9c.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\nWork is set to begin on Exeter's Marsh Barton Railway Station in February.\nThe station should have been up and running in December 2016, but spiralling costs and protracted discussions with the rail industry led to delays.\nPart of the Devon Metro project, which includes a number of rail infrastructure improvements in the Exeter area, the scheme for Marsh Barton station is designed to create sustainable links to one of the cities biggest industrial areas, opening up access for employment, retail and leisure.\nCllr Andrea Davis, Devon County Council cabinet member for infrastructure, said that enabling and advanced works on the station would begin in February.\nShe added: “It has been far from a smooth or easy journey to this point. This will be a destination station and help with the congestion we experience every day in normal times in Marsh Barton, and I look forward to the new station.”\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 every major sector, from manufacturing to tech. Sign up here.\nShe was speaking at Devon County Council’s cabinet, when they met on Wednesday January 13. They unanimously approved the construction of the £16million project after planning permission was granted last month.\nArtist impression of the new Marsh Barton railway station\nThe proposed station will have two platforms, with the eastern and western platforms served by trains to Newton Abbot and Exeter, respectively. Each platform will be 124 metres in length, sufficient to accommodate trains formed of up to 5 cars, and will be 4m wide.\nEach platform will have a waiting shelter, 10m wide by 1.5m deep, containing 12 stainless steel seats with arm rests, and a perch rail for four passengers, as well as one ticket vending machine on each platform, located inside the waiting shelters.\nVehicular access to the station will be from Clapperbrook Lane East, with a new access road meeting the existing road at a junction on the eastern edge of the side, with access to the station for pedestrians and cyclists will be via paths which connect to the new footway/cycleway, with a new bridge over the river also provided as part of the work.\nArtist impression of the new Marsh Barton railway station\nCllr Andrew Leadbetter, also speaking in support of the station, added: “This is an important piece of infrastructure and although the price has increased, it’s not all for the station, as some of it is for the bridge on a very narrow lane, so we are also getting some highway improvements for pedestrians and cyclists. All in all, this is some really good news.”\nNo parking spaces will be provided for general use, as it is expected the station will primarily serve as a destination, and it is intended to encourage use of sustainable modes of transport.\nThe £16m station will be funded by a variety of sources, including £1.3m each from Exeter City Council and Teignbridge District Council, £3m from the Department for Transport, and nearly £3m from the existing Local Transport Plan.\nBe part of the conversation. Do you think the railway station at Marsh Barton is a good idea - will it encourage people to abandon their cars? Let us know your views in the comments section below",
"Construction of £16million rail station for Exeter's Marsh Barton to begin within weeks",
"The rail station was due to open in 2016 but has been beset by delays and spiralling costs"
] |
|
[
"Nathalie Gannon"
] | 2021-01-04T13:24:54 | null | 2021-01-04T10:00:00 |
New report reveals the true impact of the COVID-19 pandemic on retail jobs and stores, and how retailers are transforming their business
|
https%3A%2F%2Fwww.business-live.co.uk%2Fspecial-features%2Fthird-retailers-experienced-abuse-against-19513763.json
|
en
| null |
Research shows a third of retailers have experienced abuse against a shop worker
| null | null |
www.business-live.co.uk
|
COVID-19 has played a key part in the accelerated remapping of the retail landscape. The high street has suffered more than most at the hands of the pandemic and its subsequent lockdowns, with many traditional retailers only surviving by evolving to include an online offering.
Online shopping, which is often viewed as a threat to the traditional high street, has in many cases this year shored up both chain and independent retailers. By embracing online sales, bricks and mortar stores have been able to operate in some capacity while navigating the uncharted territories that the pandemic has brought to business and retail.
Despite the significant growth of online shopping, new research from UK law firm TLT LLP shows that 80% of the UK’s top 100 retailers say physical stores are just as, if not more, important to their business than before.
The benefits of the retail outlet experience are myriad. Stores present the opportunity to drive sales via eye-catching displays and the sensory interaction of shopping. Retail staff can guide customers towards requested products, help them make informed decisions when purchasing and reveal new items in the process.
TLT’s research showed that although 76% of retailers are placing more emphasis on online sales, only 1% said they would be placing less emphasis on in-store sales.
With this in mind, it is appropriate to consider the future of retail outlets and how they operate their business going forward. In particular, attention needs to be given to not only the structure and operation of retail stores but also to the treatment and care of the shop workers that are the foundation of the shopping experience.
TLT's survey revealed that abuse against retail staff is one of the biggest employment challenges. This issue has continued throughout the pandemic, leaving behind the public shows of support that were so prominent during the early days of the COVID-19 crisis.
Recent findings have shown that 31% of retailers say their employees have been victims of abuse on the shop floor. Abuse towards shop workers is predominantly centred in the food and groceries sector, followed by fashion and beauty, homewares, and then the leisure and lifestyle sector.
Perran Jervis, head of retail and consumer goods at TLT, said: “Shop workers have been praised for their work on the front lines of the pandemic, but they have paid the price of being vulnerable to violence and abuse.
“This is affecting all retailers – not just one or two sectors – and our data shows that the industry as a whole feels very strongly that a firmer deterrent will be the most effective method to reduce incidents of violence and keep staff safe."
Retailers must look at improved operational methods for now and for the future if the factors that are currently impacting the sector are to be overcome, and if the staff- and the stores in which they work -are to flourish.
Discussions involving new policies and structures can be supported by the advice of solicitors who specialise in areas such as employment, real estate, and retail. During this time of massive revision and restructuring, an opportunity for beneficial policies and practices has arisen.
COVID-19 opening up positive avenues for change
In February 2020, Boris Johnson noted in Parliament that: "We should not tolerate crimes of violence against shop workers."
The COVID-19 crisis has highlighted the importance of the physicality of retail. Online shopping may be convenient, but it does not lend itself to creating an environment of 'normal', nor does it offer shoppers the same experience that they receive in-person.
With the importance of a high street presence and the welfare of public-facing workers established, the solicitors at TLT can offer advice to retailers about the best practices to move forwards.
Dan Sweeney, real estate partner and advisor at TLT, said: “Our research shows that there is still an essential need for multi-channel retailers to have a strong physical presence. The use and location of stores will change; retailers need to think carefully about how they can use their portfolio to support the rest of the business.
“Renegotiation of leases is frequently taking the form of introducing elements of turnover rent and new pandemic relief clauses as retailers seek to future-proof their business against similar events."
As retailers make moves to future-proof their businesses they must consider the impact on staff.
Perran added: "In the absence of a new law, we can expect retailers to look at more creative ways to protect their staff from abuse, and for landlords, local authorities and police to work with retailers to help solve the problem. The government should also encourage retailers to engage with it on a way forward.
“Having the right support in place for all members of staff – including training and counselling – is vital for retailers to fulfil their duty of care towards their employees.”
Moving forward
Retailers and landlords should seek professional advice when reviewing their operations. Support of a third party can be key to the success of implementing real change and conducive to finding the best practice for all parties involved.
Dan said: “The whole industry needs to reconsider how it measures the value of stores and retail assets generally in the post-pandemic environment. We are likely to see a gradual shift as retailers and landlords juggle various priorities, but it’s important this starts heading in the right direction.”
To read the full report and explore further findings from TLT’s research, please visit the Retail Agility campaign hub on the firm’s website. TLT has six UK offices in Belfast, Bristol, Edinburgh, Glasgow, London and Manchester - to discuss the findings and receive expert advice, please contact TLT’s specialist retail and consumer goods team.
|
https://www.business-live.co.uk/special-features/third-retailers-experienced-abuse-against-19513763
|
en
| 2021-01-04T00:00:00 |
www.business-live.co.uk/e3b3d4cb1ab6a606b16d153cc3d006f83508a4a79437b5a044204c6f50621086.json
|
[
"COVID-19 has played a key part in the accelerated remapping of the retail landscape. The high street has suffered more than most at the hands of the pandemic and its subsequent lockdowns, with many traditional retailers only surviving by evolving to include an online offering.\nOnline shopping, which is often viewed as a threat to the traditional high street, has in many cases this year shored up both chain and independent retailers. By embracing online sales, bricks and mortar stores have been able to operate in some capacity while navigating the uncharted territories that the pandemic has brought to business and retail.\nDespite the significant growth of online shopping, new research from UK law firm TLT LLP shows that 80% of the UK’s top 100 retailers say physical stores are just as, if not more, important to their business than before.\nThe benefits of the retail outlet experience are myriad. Stores present the opportunity to drive sales via eye-catching displays and the sensory interaction of shopping. Retail staff can guide customers towards requested products, help them make informed decisions when purchasing and reveal new items in the process.\nTLT’s research showed that although 76% of retailers are placing more emphasis on online sales, only 1% said they would be placing less emphasis on in-store sales.\nWith this in mind, it is appropriate to consider the future of retail outlets and how they operate their business going forward. In particular, attention needs to be given to not only the structure and operation of retail stores but also to the treatment and care of the shop workers that are the foundation of the shopping experience.\nTLT's survey revealed that abuse against retail staff is one of the biggest employment challenges. This issue has continued throughout the pandemic, leaving behind the public shows of support that were so prominent during the early days of the COVID-19 crisis.\nRecent findings have shown that 31% of retailers say their employees have been victims of abuse on the shop floor. Abuse towards shop workers is predominantly centred in the food and groceries sector, followed by fashion and beauty, homewares, and then the leisure and lifestyle sector.\nPerran Jervis, head of retail and consumer goods at TLT, said: “Shop workers have been praised for their work on the front lines of the pandemic, but they have paid the price of being vulnerable to violence and abuse.\n“This is affecting all retailers – not just one or two sectors – and our data shows that the industry as a whole feels very strongly that a firmer deterrent will be the most effective method to reduce incidents of violence and keep staff safe.\"\nRetailers must look at improved operational methods for now and for the future if the factors that are currently impacting the sector are to be overcome, and if the staff- and the stores in which they work -are to flourish.\nDiscussions involving new policies and structures can be supported by the advice of solicitors who specialise in areas such as employment, real estate, and retail. During this time of massive revision and restructuring, an opportunity for beneficial policies and practices has arisen.\nCOVID-19 opening up positive avenues for change\nIn February 2020, Boris Johnson noted in Parliament that: \"We should not tolerate crimes of violence against shop workers.\"\nThe COVID-19 crisis has highlighted the importance of the physicality of retail. Online shopping may be convenient, but it does not lend itself to creating an environment of 'normal', nor does it offer shoppers the same experience that they receive in-person.\nWith the importance of a high street presence and the welfare of public-facing workers established, the solicitors at TLT can offer advice to retailers about the best practices to move forwards.\nDan Sweeney, real estate partner and advisor at TLT, said: “Our research shows that there is still an essential need for multi-channel retailers to have a strong physical presence. The use and location of stores will change; retailers need to think carefully about how they can use their portfolio to support the rest of the business.\n“Renegotiation of leases is frequently taking the form of introducing elements of turnover rent and new pandemic relief clauses as retailers seek to future-proof their business against similar events.\"\nAs retailers make moves to future-proof their businesses they must consider the impact on staff.\nPerran added: \"In the absence of a new law, we can expect retailers to look at more creative ways to protect their staff from abuse, and for landlords, local authorities and police to work with retailers to help solve the problem. The government should also encourage retailers to engage with it on a way forward.\n“Having the right support in place for all members of staff – including training and counselling – is vital for retailers to fulfil their duty of care towards their employees.”\nMoving forward\nRetailers and landlords should seek professional advice when reviewing their operations. Support of a third party can be key to the success of implementing real change and conducive to finding the best practice for all parties involved.\nDan said: “The whole industry needs to reconsider how it measures the value of stores and retail assets generally in the post-pandemic environment. We are likely to see a gradual shift as retailers and landlords juggle various priorities, but it’s important this starts heading in the right direction.”\nTo read the full report and explore further findings from TLT’s research, please visit the Retail Agility campaign hub on the firm’s website. TLT has six UK offices in Belfast, Bristol, Edinburgh, Glasgow, London and Manchester - to discuss the findings and receive expert advice, please contact TLT’s specialist retail and consumer goods team.",
"Research shows a third of retailers have experienced abuse against a shop worker",
"New report reveals the true impact of the COVID-19 pandemic on retail jobs and stores, and how retailers are transforming their business"
] |
|
[
"Coreena Ford",
"Image",
"Pa"
] | 2021-01-20T08:43:22 | null | 2021-01-20T08:23:52 |
So far in January the company's sales can only muster 46% of the figures it was achieving this time last year
|
https%3A%2F%2Fwww.business-live.co.uk%2Fretail-consumer%2Fhigh-street-giant-wh-smith-19660984.json
|
en
| null |
High street giant WH Smith warns of worst month despite strong Christmas
| 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
High street retailer WH Smith has warned it is heading for its worst month since at least September despite a strong Christmas period.
The business said sales so far in January have been 46% of the same period a year ago.
It is a major step down from last month, when the retailer outperformed expectations, climbing to 67% of the sales it made in December 2019, and even higher in its high street stores.
Chief executive Carl Cowling said: "In our high street business, we worked hard to navigate our way through the evolving Covid restrictions as we approached the Christmas trading period.
"This positioned us well, resulting in a better than expected Christmas with sales in December at 92% of 2019 levels. Our online businesses continued to deliver significant year-on-year growth in the period."
January has proved trickier for many retailers as much of the UK remains under strict lockdown measures.
Both of the business's main arms, its travel and high street stores, were badly hit across the month.
Travel has proven the more susceptible, and sales slumped to 30% of last year's levels, but the figures had also been low in December.
"In our Travel business, we saw little change in the environment prior to the current lockdown, as expected, with sales in December at 36% of 2019 levels," Mr Cowling said.
"In North America, we have seen a quicker recovery versus the rest of the world, given the higher volume of domestic travel."
WH Smith said it had not experienced any disruption over the period due to the UK's exit from the European Union. It does not expect Brexit to have a material impact on its ability to import stock in the coming year.
Shares in early trading were 5% up to 1635p.
|
https://www.business-live.co.uk/retail-consumer/high-street-giant-wh-smith-19660984
|
en
| 2021-01-20T00:00:00 |
www.business-live.co.uk/70b178e66e9500f40044d294a0f4c440d77af5d4879a5eee41f1f0cc71397d08.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\nHigh street retailer WH Smith has warned it is heading for its worst month since at least September despite a strong Christmas period.\nThe business said sales so far in January have been 46% of the same period a year ago.\nIt is a major step down from last month, when the retailer outperformed expectations, climbing to 67% of the sales it made in December 2019, and even higher in its high street stores.\nChief executive Carl Cowling said: \"In our high street business, we worked hard to navigate our way through the evolving Covid restrictions as we approached the Christmas trading period.\n\"This positioned us well, resulting in a better than expected Christmas with sales in December at 92% of 2019 levels. Our online businesses continued to deliver significant year-on-year growth in the period.\"\nJanuary has proved trickier for many retailers as much of the UK remains under strict lockdown measures.\nBoth of the business's main arms, its travel and high street stores, were badly hit across the month.\nTravel has proven the more susceptible, and sales slumped to 30% of last year's levels, but the figures had also been low in December.\n\"In our Travel business, we saw little change in the environment prior to the current lockdown, as expected, with sales in December at 36% of 2019 levels,\" Mr Cowling said.\n\"In North America, we have seen a quicker recovery versus the rest of the world, given the higher volume of domestic travel.\"\nWH Smith said it had not experienced any disruption over the period due to the UK's exit from the European Union. It does not expect Brexit to have a material impact on its ability to import stock in the coming year.\nShares in early trading were 5% up to 1635p.",
"High street giant WH Smith warns of worst month despite strong Christmas",
"So far in January the company's sales can only muster 46% of the figures it was achieving this time last year"
] |
|
[
"Hannah Baker",
"Image",
"Pa"
] | 2021-01-15T10:36:36 | null | 2021-01-15T09:22:03 |
The mobile phone operator has also increased its coverage in Bristol
|
https%3A%2F%2Fwww.business-live.co.uk%2Ftechnology%2Fo2-switches-5g-cheltenham-bournemouth-19630125.json
|
en
| null |
O2 switches on 5G in Cheltenham and Bournemouth
| 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
Mobile operator O2 has turned on 5G in Cheltenham and Bournemouth.
The towns are among a number of new areas in the UK which will now be able to access the high-speed network.
Other new locations include Southampton and Doncaster, while O2 has increased its 5G coverage in cities such as Bristol, London, Birmingham, Glasgow, Liverpool and Manchester.
O2 said 5G was now available in 150 towns and it would continue the roll out across the UK, with urban areas receiving added coverage.
It also said it would continue to monitor sites such as hospitals and supermarkets to make sure they stayed connected.
Derek McManus, chief operating officer at O2 said: “We are delighted with the progress of our 5G rollout and to be able to offer customers in over 150 locations the benefits of our high-speed network.
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
“Once again we are facing tough lockdown restrictions and we are focused on ensuring we meet the demand for increased network capacity and reliability to keep everyone connected during this time.
“We’re also proud of leading the charge from an environmental point of view, with 67% of our estate powered by renewable energy as we work with landlords to encourage usage of more renewable sources.”
Last week, O2 announced a partnership with the Department for Education to offer 40GB of free data a month to support home schooling families and enable disadvantaged pupils in years 3 to 11 to Get Help with Tech and continue their learning from home.
|
https://www.business-live.co.uk/technology/o2-switches-5g-cheltenham-bournemouth-19630125
|
en
| 2021-01-15T00:00:00 |
www.business-live.co.uk/f75f5769bda2159f0bd7bdbb90ba4c218de7a529fb26470245a8b30a1b442b50.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\nMobile operator O2 has turned on 5G in Cheltenham and Bournemouth.\nThe towns are among a number of new areas in the UK which will now be able to access the high-speed network.\nOther new locations include Southampton and Doncaster, while O2 has increased its 5G coverage in cities such as Bristol, London, Birmingham, Glasgow, Liverpool and Manchester.\nO2 said 5G was now available in 150 towns and it would continue the roll out across the UK, with urban areas receiving added coverage.\nIt also said it would continue to monitor sites such as hospitals and supermarkets to make sure they stayed connected.\nDerek McManus, chief operating officer at O2 said: “We are delighted with the progress of our 5G rollout and to be able to offer customers in over 150 locations the benefits of our high-speed network.\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\n“Once again we are facing tough lockdown restrictions and we are focused on ensuring we meet the demand for increased network capacity and reliability to keep everyone connected during this time.\n“We’re also proud of leading the charge from an environmental point of view, with 67% of our estate powered by renewable energy as we work with landlords to encourage usage of more renewable sources.”\nLast week, O2 announced a partnership with the Department for Education to offer 40GB of free data a month to support home schooling families and enable disadvantaged pupils in years 3 to 11 to Get Help with Tech and continue their learning from home.",
"O2 switches on 5G in Cheltenham and Bournemouth",
"The mobile phone operator has also increased its coverage in Bristol"
] |
|
[
"Andrew Arthur",
"Image",
"Tom Wren Swns"
] | 2021-01-19T12:54:07 | null | 2021-01-19T12:16:36 |
The group is scaling up its operations in the town and is planning to expand its workforce
|
https%3A%2F%2Fwww.business-live.co.uk%2Fretail-consumer%2Ftool-hire-giant-speedy-opens-19654748.json
|
en
| null |
Tool hire giant Speedy opens new Swindon centre
| 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
UK tool and equipment hire company Speedy has opened a new regional service centre in Swindon and is planning to create a number of jobs, the business has announced.
The group, which provides construction supplies and equipment to contractors across the country, is scaling up its operations in the town by relocating to a new base on Kembrey Place, off Kembrey Street.
At 8,500 sq ft, the new depot is double the size of its previous one on Cheney Manor Industrial Estate. Upcoming construction projects could get a potential leg-up from Speedy’s range of hoisting and lifting equipment, which it’s making available from its Swindon centre for the first time.
The group is expecting to recruit for new customer service roles from the local area as a result of its expansion of its services.
The local construction market is poised for activity as plans have been lodged for 8,000 new homes, two high-rise apartment developments, office accommodation and new highway improvements across Swindon.
Dylan Owen, regional director for the South West at Speedy, said: “Our investment in Swindon comes as a number of major schemes edge closer to breaking ground and local contractors are gearing up to develop the local housing, infrastructure and commercial space as the area builds for the future.
“The move represents our commitment to the town and to ensuring businesses can access the right tools, equipment and advice they need to deliver projects safely, on time and on budget.”
Founded in Wigan in 1977, Speedy now operates from more than 200 fixed sites across the UK and Ireland.
|
https://www.business-live.co.uk/retail-consumer/tool-hire-giant-speedy-opens-19654748
|
en
| 2021-01-19T00:00:00 |
www.business-live.co.uk/4a9713e5fa6580aeb0833d923d19727c6d778087503adb9c6a80be1785d21085.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\nUK tool and equipment hire company Speedy has opened a new regional service centre in Swindon and is planning to create a number of jobs, the business has announced.\nThe group, which provides construction supplies and equipment to contractors across the country, is scaling up its operations in the town by relocating to a new base on Kembrey Place, off Kembrey Street.\nAt 8,500 sq ft, the new depot is double the size of its previous one on Cheney Manor Industrial Estate. Upcoming construction projects could get a potential leg-up from Speedy’s range of hoisting and lifting equipment, which it’s making available from its Swindon centre for the first time.\nThe group is expecting to recruit for new customer service roles from the local area as a result of its expansion of its services.\nThe local construction market is poised for activity as plans have been lodged for 8,000 new homes, two high-rise apartment developments, office accommodation and new highway improvements across Swindon.\nDylan Owen, regional director for the South West at Speedy, said: “Our investment in Swindon comes as a number of major schemes edge closer to breaking ground and local contractors are gearing up to develop the local housing, infrastructure and commercial space as the area builds for the future.\n“The move represents our commitment to the town and to ensuring businesses can access the right tools, equipment and advice they need to deliver projects safely, on time and on budget.”\nFounded in Wigan in 1977, Speedy now operates from more than 200 fixed sites across the UK and Ireland.",
"Tool hire giant Speedy opens new Swindon centre",
"The group is scaling up its operations in the town and is planning to expand its workforce"
] |
|
[
"Owen Hughes",
"Image",
"Robert Parry Jones"
] | 2021-01-18T09:29:10 | null | 2021-01-18T08:29:00 |
The store in Rhyl had started on the market for £1.5m
|
https%3A%2F%2Fwww.business-live.co.uk%2Fretail-consumer%2Fhalf-price-aldi-supermarket-offer-19645098.json
|
en
| null |
Half price Aldi supermarket on offer after price cut
| 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
Aldi is offering a half price deal for a supermarket site in a bid to secure a sale.
The German discounter relocated from the site on Wellington Road - putting the site on the market in the summer of 2019.
It initially placed it up for sale for £1.5m as it opened its new store on the nearby Marina Quay retail park.
There is a restrictive covenant on it to prevent it remaining a food store to stop a rival like Lidl snapping it up.
But so far it has failed to sell.
Now Aldi has cut the price to £750,000 with the half price store on the market with Lamb and Swift.
They said: "There is a rectangular sales floor area of 1,071 sq m with ancillary warehousing/staff and refrigeration facilities and a dock leveller for loading.
"The site has the benefit of 107 parking spaces. Site layout, elevations and property layout plans can be provided.
"A restrictive covenant against the sale of food will be placed on the property at the point of sale although non-food/partial food sales users will be considered."
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/half-price-aldi-supermarket-offer-19645098
|
en
| 2021-01-18T00:00:00 |
www.business-live.co.uk/9802200488508322bc6ae8c3ab2fe5cab2296af605b5d76c7ee830eef266a9dd.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\nAldi is offering a half price deal for a supermarket site in a bid to secure a sale.\nThe German discounter relocated from the site on Wellington Road - putting the site on the market in the summer of 2019.\nIt initially placed it up for sale for £1.5m as it opened its new store on the nearby Marina Quay retail park.\nThere is a restrictive covenant on it to prevent it remaining a food store to stop a rival like Lidl snapping it up.\nBut so far it has failed to sell.\nNow Aldi has cut the price to £750,000 with the half price store on the market with Lamb and Swift.\nThey said: \"There is a rectangular sales floor area of 1,071 sq m with ancillary warehousing/staff and refrigeration facilities and a dock leveller for loading.\n\"The site has the benefit of 107 parking spaces. Site layout, elevations and property layout plans can be provided.\n\"A restrictive covenant against the sale of food will be placed on the property at the point of sale although non-food/partial food sales users will be considered.\"\nTo have your say on this story please use our comments section at the top of this article",
"Half price Aldi supermarket on offer after price cut",
"The store in Rhyl had started on the market for £1.5m"
] |
|
[
"David Laister",
"Image",
"Pa"
] | 2021-01-20T19:23:35 | null | 2021-01-20T18:28:31 |
Chamber and MP call for review into Hull's connectivity to Manchester
|
https%3A%2F%2Fwww.business-live.co.uk%2Feconomic-development%2Fdont-leave-hull-sidings-northern-19667349.json
|
en
| null |
'Don't leave Hull on the sidings of the Northern Powerhouse' - call to improve transport links made
| 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
Renewed calls for better trans-Pennine rail links have been made by business leaders.
Hull & Humber Chamber of Commerce has joined forces with Hull MP Emma Hardy after a consultation was launched into Manchester’s rail links.
Brought forward by Transport Minister Chris Heaton-Harris, it also involves Network Rail and Transport for the North.
In a letter to Miss Hardy, Mr Heaton-Harris said he “is aware that the rail network in the North has fallen far short of delivering the service passengers need and deserve”.
The Chamber has worked with local MPs for years in efforts to improve rail connectivity for the Humber region, with one of the key aims being to secure a direct rail link to Manchester Airport from the North Bank, and improve journey times over the Pennines.
The chair of the Chamber’s Shipping & Transport Committee, Albert Weatherill, has written a letter to be included in Mrs Hardy’s submission to the Rail Minister.
He said: “We have been told endlessly that much of the problem is the congested rail network in and around Manchester.
“Hopefully this consultation will be able to address some of these issues and ultimately provide us with the better rail services and journey times we have been campaigning for.
“Hull is the only major city in the North of England which does not have a direct rail link to its hub international airport, at Manchester. This puts us at a huge disadvantage when attempting to attract inward investment from international businesses. We have numerous examples of businesses employing the services of chauffeur-driven limousines to convey business leaders from Manchester Airport to the Humber region because the existing rail connections are so dismal.
“The M62 currently links the two great northern ports of Hull in the east and Liverpool in the west, via Manchester. We would like to see the rail network provide similar high-speed travel, instead of the second-rate services that are currently inflicted on the Humber region.
“We hope our ambitions can be dovetailed with the review of services in and around Manchester to give Hull and the Humber the better services and economic boost we so badly need, allowing us to play our full part in the Northern Powerhouse, rather than be left in the sidings!”
The Chamber’s letter to Mr Heaton-Harris also called for faster peak travel time rail services and a promise that the electrification of the Hull to Selby line would go ahead. Hopes were raised in July last year when Transport Secretary Grant Shapps confirmed plans to upgrade and electrify the trans-Pennine rail corridor were back on the agenda.
Miss Hardy said: “For years the rail network in the North has not been up to scratch and Hull is the only city in the North of England that does not have direct rail links to an international hub airport. This significantly and directly impacts international business investment and development in our city and puts us at a major disadvantage.
“The Government promised to ‘level-up’ the North, and this consultation will show how important they believe its promise to be. If the Humber region is to compete for business investment, future sustainability and growth in economy and jobs, we need the trans-Pennine rail link to provide high speed travel, electrification of the Hull to Selby line, and faster peak travel times, instead of the substandard services that we currently have.”
The Chamber’s letter to Mr Heaton-Harris also called for faster peak travel time rail services and a promise that the electrification of the Hull to Selby line would go ahead. Hopes were raised in July last year when Transport Secretary Grant Shapps confirmed plans to upgrade and electrify the trans-Pennine rail corridor were back on the agenda.
|
https://www.business-live.co.uk/economic-development/dont-leave-hull-sidings-northern-19667349
|
en
| 2021-01-20T00:00:00 |
www.business-live.co.uk/19748ea7c060cdbc0a7ef0d9e7c6ccdc4060e738cc82d276b29285cd01f58371.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\nRenewed calls for better trans-Pennine rail links have been made by business leaders.\nHull & Humber Chamber of Commerce has joined forces with Hull MP Emma Hardy after a consultation was launched into Manchester’s rail links.\nBrought forward by Transport Minister Chris Heaton-Harris, it also involves Network Rail and Transport for the North.\nIn a letter to Miss Hardy, Mr Heaton-Harris said he “is aware that the rail network in the North has fallen far short of delivering the service passengers need and deserve”.\nThe Chamber has worked with local MPs for years in efforts to improve rail connectivity for the Humber region, with one of the key aims being to secure a direct rail link to Manchester Airport from the North Bank, and improve journey times over the Pennines.\nThe chair of the Chamber’s Shipping & Transport Committee, Albert Weatherill, has written a letter to be included in Mrs Hardy’s submission to the Rail Minister.\nHe said: “We have been told endlessly that much of the problem is the congested rail network in and around Manchester.\n“Hopefully this consultation will be able to address some of these issues and ultimately provide us with the better rail services and journey times we have been campaigning for.\n“Hull is the only major city in the North of England which does not have a direct rail link to its hub international airport, at Manchester. This puts us at a huge disadvantage when attempting to attract inward investment from international businesses. We have numerous examples of businesses employing the services of chauffeur-driven limousines to convey business leaders from Manchester Airport to the Humber region because the existing rail connections are so dismal.\n“The M62 currently links the two great northern ports of Hull in the east and Liverpool in the west, via Manchester. We would like to see the rail network provide similar high-speed travel, instead of the second-rate services that are currently inflicted on the Humber region.\n“We hope our ambitions can be dovetailed with the review of services in and around Manchester to give Hull and the Humber the better services and economic boost we so badly need, allowing us to play our full part in the Northern Powerhouse, rather than be left in the sidings!”\nThe Chamber’s letter to Mr Heaton-Harris also called for faster peak travel time rail services and a promise that the electrification of the Hull to Selby line would go ahead. Hopes were raised in July last year when Transport Secretary Grant Shapps confirmed plans to upgrade and electrify the trans-Pennine rail corridor were back on the agenda.\nMiss Hardy said: “For years the rail network in the North has not been up to scratch and Hull is the only city in the North of England that does not have direct rail links to an international hub airport. This significantly and directly impacts international business investment and development in our city and puts us at a major disadvantage.\n“The Government promised to ‘level-up’ the North, and this consultation will show how important they believe its promise to be. If the Humber region is to compete for business investment, future sustainability and growth in economy and jobs, we need the trans-Pennine rail link to provide high speed travel, electrification of the Hull to Selby line, and faster peak travel times, instead of the substandard services that we currently have.”\nThe Chamber’s letter to Mr Heaton-Harris also called for faster peak travel time rail services and a promise that the electrification of the Hull to Selby line would go ahead. Hopes were raised in July last year when Transport Secretary Grant Shapps confirmed plans to upgrade and electrify the trans-Pennine rail corridor were back on the agenda.",
"'Don't leave Hull on the sidings of the Northern Powerhouse' - call to improve transport links made",
"Chamber and MP call for review into Hull's connectivity to Manchester"
] |
|
[
"Graeme Whitfield",
"Image",
"Pa"
] | 2021-01-08T17:46:28 | null | 2021-01-08T17:35:37 |
Kwasi Kwarteng will step up to take charge of the Department of Business, Energy and Industrial Strategy, with Anne-Marie Trevelyan also joining the department
|
https%3A%2F%2Fwww.business-live.co.uk%2Feconomic-development%2Fnew-business-secretary-appointed-after-19591247.json
|
en
| null |
New Business Secretary appointed after Alok Sharma moved to climate conference role
| 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 appointed a new Business Secretary after Alok Sharma was moved to look after the COP26 climate conference full-time.
Kwasi Kwarteng takes over the job, after previously having been a Minister of State at the Department of Business, Energy and Industrial Strategy (BEIS).
The re-shuffle also sees former International Development Secretary Anne-Marie Trevelyan joining BEIS with responsibility for climate and energy policy. She will also continue in her role as UK’s International Champion on Adaptation and Resilience for the COP26 Presidency.
The COP26 summit will take place in Glasgow in November, bringing together representatives from nearly 200 countries, including world leaders, experts, and campaigners.
Mr Sharma said: “The biggest challenge of our time is climate change and we need to work together to deliver a cleaner, greener world and build back better for present and future generations.
“Through the UK’s Presidency of COP26 we have a unique opportunity, working with friends and partners around the world, to deliver on this goal. Given the vital importance of tackling climate change I am delighted to have been asked by the Prime Minister to dedicate all my energies to this urgent task.”
Mr Kwarteng, the son of Ghanian immigrants, has been MP for Spelthorne in Surrey since 2010. Before going into politics, Mr Kwarteng worked as an analyst in financial services and he also wrote a book about the legacy of the British Empire.
He tweeted: “Thrilled to have been appointed Business Secretary. Our businesses are facing extremely challenging circumstances, but with my dedicated colleagues in the fantastic @beisgovuk, I will do all I can to see them through this period and help them #buildbackbetter.”
|
https://www.business-live.co.uk/economic-development/new-business-secretary-appointed-after-19591247
|
en
| 2021-01-08T00:00:00 |
www.business-live.co.uk/80bb43ce5b6e6ce9a5eeb426bdf38ede4d293ab342e7adae9d11aff78156dc1d.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 appointed a new Business Secretary after Alok Sharma was moved to look after the COP26 climate conference full-time.\nKwasi Kwarteng takes over the job, after previously having been a Minister of State at the Department of Business, Energy and Industrial Strategy (BEIS).\nThe re-shuffle also sees former International Development Secretary Anne-Marie Trevelyan joining BEIS with responsibility for climate and energy policy. She will also continue in her role as UK’s International Champion on Adaptation and Resilience for the COP26 Presidency.\nThe COP26 summit will take place in Glasgow in November, bringing together representatives from nearly 200 countries, including world leaders, experts, and campaigners.\nMr Sharma said: “The biggest challenge of our time is climate change and we need to work together to deliver a cleaner, greener world and build back better for present and future generations.\n“Through the UK’s Presidency of COP26 we have a unique opportunity, working with friends and partners around the world, to deliver on this goal. Given the vital importance of tackling climate change I am delighted to have been asked by the Prime Minister to dedicate all my energies to this urgent task.”\nMr Kwarteng, the son of Ghanian immigrants, has been MP for Spelthorne in Surrey since 2010. Before going into politics, Mr Kwarteng worked as an analyst in financial services and he also wrote a book about the legacy of the British Empire.\nHe tweeted: “Thrilled to have been appointed Business Secretary. Our businesses are facing extremely challenging circumstances, but with my dedicated colleagues in the fantastic @beisgovuk, I will do all I can to see them through this period and help them #buildbackbetter.”",
"New Business Secretary appointed after Alok Sharma moved to climate conference role",
"Kwasi Kwarteng will step up to take charge of the Department of Business, Energy and Industrial Strategy, with Anne-Marie Trevelyan also joining the department"
] |
|
[
"Sion Barry",
"Image",
"Simon Hadley"
] | 2021-01-13T12:42:15 | null | 2021-01-13T12:10:04 |
The supermarket said that immediate payment to SMEs will continue in 2021
|
https%3A%2F%2Fwww.business-live.co.uk%2Fretail-consumer%2Faldi-commits-spending-billions-more-19615980.json
|
en
| null |
Aldi commits to spending billions more on UK food and drink suppliers
| 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
Supermarket chain Aldi has committed to increasing its spend with UK-based food and drink suppliers by £3.5bn over the next five years.
The German-owned company said it is investing £500m in new and upgraded stores, distribution centres and its supply chain in 2021, which will create over 4,000 jobs.
The company currently spends annually £8bn on UK-based suppliers, which covers 75% of its food and drink sales.
Aldi UK chief executive, Giles Hurley, said: "We are expecting significant sales growth in 2021 as we open new stores and bring Aldi to more locations across the UK.
"With the vast majority of our grocery products now coming from British suppliers, our growth will lead to additional jobs and investment in our UK supply chain.”
One example is cheese producer and Wales' oldest and largest dairy co-operative, Southern Caernarfon Creameries, which has been supplying Aldi since 2011.
The partnership has seen significant growth over the years, leading to the expansion of South Caernarfon Creameries' workforce to 160 members of staff.
Nick Beadman, commercial manager at South Caernarfon Creameries, said: “Aldi is a key partner for us, and it’s fantastic that they share our values when it comes to fairness for our producers, the welfare of our animals and the quality of our produce. We’re looking to expand even further over the next few years with their support.”
Aldi has also confirmed that the immediate payment terms for small suppliers it introduced at the start of the Coronavirus pandemic will be extended until the end of 2021.
The commitment means that the supermarket will continue to process payments for suppliers with an annual turnover of less than £1m with Aldi as soon as they are submitted.
The move will benefit more than 1,000 small British businesses in the supermarket’s supply chain.
|
https://www.business-live.co.uk/retail-consumer/aldi-commits-spending-billions-more-19615980
|
en
| 2021-01-13T00:00:00 |
www.business-live.co.uk/ea1e35cdede351a840cc111c66105887da147b0f8c5b0a81724827033cc15c5c.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\nSupermarket chain Aldi has committed to increasing its spend with UK-based food and drink suppliers by £3.5bn over the next five years.\nThe German-owned company said it is investing £500m in new and upgraded stores, distribution centres and its supply chain in 2021, which will create over 4,000 jobs.\nThe company currently spends annually £8bn on UK-based suppliers, which covers 75% of its food and drink sales.\nAldi UK chief executive, Giles Hurley, said: \"We are expecting significant sales growth in 2021 as we open new stores and bring Aldi to more locations across the UK.\n\"With the vast majority of our grocery products now coming from British suppliers, our growth will lead to additional jobs and investment in our UK supply chain.”\nOne example is cheese producer and Wales' oldest and largest dairy co-operative, Southern Caernarfon Creameries, which has been supplying Aldi since 2011.\nThe partnership has seen significant growth over the years, leading to the expansion of South Caernarfon Creameries' workforce to 160 members of staff.\nNick Beadman, commercial manager at South Caernarfon Creameries, said: “Aldi is a key partner for us, and it’s fantastic that they share our values when it comes to fairness for our producers, the welfare of our animals and the quality of our produce. We’re looking to expand even further over the next few years with their support.”\nAldi has also confirmed that the immediate payment terms for small suppliers it introduced at the start of the Coronavirus pandemic will be extended until the end of 2021.\nThe commitment means that the supermarket will continue to process payments for suppliers with an annual turnover of less than £1m with Aldi as soon as they are submitted.\nThe move will benefit more than 1,000 small British businesses in the supermarket’s supply chain.",
"Aldi commits to spending billions more on UK food and drink suppliers",
"The supermarket said that immediate payment to SMEs will continue in 2021"
] |
|
[
"Hannah Baker",
"Image",
"Upugo",
"Luke Sartain"
] | 2021-01-12T09:15:09 | null | 2021-01-12T08:30:00 |
Entrepreneur Imran Hakim agreed to invest in a group of companies owned by Bristol-based Luke Sartain including SEO business upUgo which switched to a four-day working week last year
|
https%3A%2F%2Fwww.business-live.co.uk%2Ftechnology%2Fdragons-den-winner-invests-bristol-19605110.json
|
en
| null |
Dragons' Den winner invests in Bristol company that switched to four-day week
| 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 former contestant on Dragons’ Den has invested £575,000 in a Bristol-based group of companies, including one that operates on a four-day week basis.
Entrepreneur Imran Hakim, who runs the Hakim Group, invested the funds in four firms owned by Luke Sartain - SEO business upUgo; data and marketing insights firm Lasso; software company GoRank and hearing aid business Hearing Supermarket.
According to Mr Sartain, the deal is set to double the value of the group to £20million within the next 12 months.
He said the partnership was also "on course" to add nearly 200 new brands to upUgo’s client base, which already includes WH Smith, Hotel Chocolat, and H Samuel, and create around 30 new UK jobs within the digital marketing space.
Mr Hakim, who secured £140,000 when he faced the panel of ‘dragons’ with his educational teddy bear - the iTeddy - in 2007, said: “Luke and the team are able to deliver a broad spectrum of digital services that almost every business relies upon for growth.
"This has been extremely evident during the pandemic, with many businesses accelerating their plans online. In a hyper-digital world, we are delighted to invest in this journey to support the growth ambitions of this exciting business.”
(Image: Luke Sartain)
Mr Sartain said the investment would accelerate upcoming development projects, support automation and allow upUgo to “aggressively expand” its offering by opening an office base in Manchester.
“This partnership not only gives our group a newfound stronghold in the North, but will likely allow us to more than double the team in 2021, as well as build new relationships with talented and passionate entrepreneurs.”
The Bristol entrepreneur, who moved his staff to a four-day week on full pay in 2020, said he was also planning to open an office in Jersey, and was making "continued movements" towards international expansion to the United States.
Staff at upUgo were remote working before the pandemic, but Mr Sartain made the decision to offer them a shortened week after using time-tracker software to find out when people were most efficient.
He said he decided to give half of his employees Friday off and half Monday off - and use automation to do tasks previously carried out by humans.
"It’s not about replacing humans - it’s about making lives easier and giving people a better work-life balance,” he explained.
|
https://www.business-live.co.uk/technology/dragons-den-winner-invests-bristol-19605110
|
en
| 2021-01-12T00:00:00 |
www.business-live.co.uk/c13c5a85f7ed804da646fdeacbb60b248b281c41cc14915017d4ae4610362ba6.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 former contestant on Dragons’ Den has invested £575,000 in a Bristol-based group of companies, including one that operates on a four-day week basis.\nEntrepreneur Imran Hakim, who runs the Hakim Group, invested the funds in four firms owned by Luke Sartain - SEO business upUgo; data and marketing insights firm Lasso; software company GoRank and hearing aid business Hearing Supermarket.\nAccording to Mr Sartain, the deal is set to double the value of the group to £20million within the next 12 months.\nHe said the partnership was also \"on course\" to add nearly 200 new brands to upUgo’s client base, which already includes WH Smith, Hotel Chocolat, and H Samuel, and create around 30 new UK jobs within the digital marketing space.\nMr Hakim, who secured £140,000 when he faced the panel of ‘dragons’ with his educational teddy bear - the iTeddy - in 2007, said: “Luke and the team are able to deliver a broad spectrum of digital services that almost every business relies upon for growth.\n\"This has been extremely evident during the pandemic, with many businesses accelerating their plans online. In a hyper-digital world, we are delighted to invest in this journey to support the growth ambitions of this exciting business.”\n(Image: Luke Sartain)\nMr Sartain said the investment would accelerate upcoming development projects, support automation and allow upUgo to “aggressively expand” its offering by opening an office base in Manchester.\n“This partnership not only gives our group a newfound stronghold in the North, but will likely allow us to more than double the team in 2021, as well as build new relationships with talented and passionate entrepreneurs.”\nThe Bristol entrepreneur, who moved his staff to a four-day week on full pay in 2020, said he was also planning to open an office in Jersey, and was making \"continued movements\" towards international expansion to the United States.\nStaff at upUgo were remote working before the pandemic, but Mr Sartain made the decision to offer them a shortened week after using time-tracker software to find out when people were most efficient.\nHe said he decided to give half of his employees Friday off and half Monday off - and use automation to do tasks previously carried out by humans.\n\"It’s not about replacing humans - it’s about making lives easier and giving people a better work-life balance,” he explained.",
"Dragons' Den winner invests in Bristol company that switched to four-day week",
"Entrepreneur Imran Hakim agreed to invest in a group of companies owned by Bristol-based Luke Sartain including SEO business upUgo which switched to a four-day working week last year"
] |
|
[
"Tom Pegden"
] | 2021-01-22T03:28:11 | null | 2021-01-22T03:00:00 |
203 people objected to its most recent application for the site, which was turned down last month – with one letter of support
|
https%3A%2F%2Fwww.business-live.co.uk%2Fregional-development%2Fdavidsons-homes-appeals-secretary-state-19672632.json
|
en
| null |
Davidsons Homes appeals to Secretary of State for 120 new houses
| 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 housing developer has appealed to the Secretary of State for permission to build a 120 homes village development – after it was turned down three times.
Davidsons wants to build new houses off Kirkby Road, a single track lane just past Desford Community Primary School, on the edge of the west Leicestershire village.
Some 203 people wrote in with objections to its most recent application for the site, which was turned down last month.
They raised concerns about its impact on the rural character of the village, loss of countryside and congestion. There was one letter of support.
Another developer is already building homes on the other side of the village while another development is also planned.
Davidsons originally failed to get permission to build on the Ashfield Farm site back in 2015, when Hinckley and Bosworth councillors agreed it would significantly exceed the requirement for housing in Desford.
An updated application from Davidsons – which is headquartered in Ibstock, a couple of miles up the road from the village – failed to gain planning permission last summer.
That same application was resubmitted and turned down again in December.
A Davidsons Homes spokeswoman told BusinessLive said: “We were obviously disappointed that committee members chose to refuse the two recent applications at Ashfield Farm, Desford, despite having the full support of Hinckley and Bosworth’s planning officers, who recommended the applications for approval.
“An appeal was submitted to the Planning Inspectorate on October 16, 2020 in response to the application being refused in May 2020.
“The appeal was subsequently validated on November 9, 2020.
“Davidsons are currently reviewing whether to appeal the refusal of our re-submitted application, which was refused in December 2020, given that the two are identical.”
She said the site was recommended as a reserve housing site within the Desford Neighbourhood Plan by an examiner appointed by the Secretary of State, who had advised that landscape harm was “local and limited”.
She said: “The site is highly sustainable, located to the western edge of Desford.
“The site is exceptionally well placed to encourage walking and cycling to local services and facilities, including local shops and other amenities, whilst Desford Primary school and play park are located opposite the site, off Kirkby Road.”
She said the plans included 48 affordable houses and under a section 106 Agreement, Davidsons would be obliged to put £1.5 million into the community – including a more than £950,00 for education contribution, almost £200,000 for highway improvements, more than £255,000 for play and open spaces, and more than £60,000 for surgeries in Desford and Ratby.
Speaking at the time of the last application, resident Graham Cole, who has children in the village schools, said Desford had grown massively in the last few years and had more than taken its share of the borough’s growth needs.
He said: “I get the impression that Desford is picked on as it is on the edge of Hinckley and Bosworth Borough.”
Another dad-of-two said the village was in danger of losing its identity.
He said: “This is a small village with a handful of shops, two pubs and two schools and its character would be totally changed by further development.
“It is in the worst possible place for access, so all traffic, during construction and once built, would have to come through quiet residential streets, affecting the lives of everyone who lives along them.
“Previous applications for the site were turned down and since then, Desford is even less suitable for further development than it was then.”
|
https://www.business-live.co.uk/regional-development/davidsons-homes-appeals-secretary-state-19672632
|
en
| 2021-01-22T00:00:00 |
www.business-live.co.uk/82e3a9a006a427e5c04a74de0d520363bb770eb67c5b7408633eac11c16e8e0d.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 housing developer has appealed to the Secretary of State for permission to build a 120 homes village development – after it was turned down three times.\nDavidsons wants to build new houses off Kirkby Road, a single track lane just past Desford Community Primary School, on the edge of the west Leicestershire village.\nSome 203 people wrote in with objections to its most recent application for the site, which was turned down last month.\nThey raised concerns about its impact on the rural character of the village, loss of countryside and congestion. There was one letter of support.\nAnother developer is already building homes on the other side of the village while another development is also planned.\nDavidsons originally failed to get permission to build on the Ashfield Farm site back in 2015, when Hinckley and Bosworth councillors agreed it would significantly exceed the requirement for housing in Desford.\nAn updated application from Davidsons – which is headquartered in Ibstock, a couple of miles up the road from the village – failed to gain planning permission last summer.\nThat same application was resubmitted and turned down again in December.\nA Davidsons Homes spokeswoman told BusinessLive said: “We were obviously disappointed that committee members chose to refuse the two recent applications at Ashfield Farm, Desford, despite having the full support of Hinckley and Bosworth’s planning officers, who recommended the applications for approval.\n“An appeal was submitted to the Planning Inspectorate on October 16, 2020 in response to the application being refused in May 2020.\n“The appeal was subsequently validated on November 9, 2020.\n“Davidsons are currently reviewing whether to appeal the refusal of our re-submitted application, which was refused in December 2020, given that the two are identical.”\nShe said the site was recommended as a reserve housing site within the Desford Neighbourhood Plan by an examiner appointed by the Secretary of State, who had advised that landscape harm was “local and limited”.\nShe said: “The site is highly sustainable, located to the western edge of Desford.\n“The site is exceptionally well placed to encourage walking and cycling to local services and facilities, including local shops and other amenities, whilst Desford Primary school and play park are located opposite the site, off Kirkby Road.”\nShe said the plans included 48 affordable houses and under a section 106 Agreement, Davidsons would be obliged to put £1.5 million into the community – including a more than £950,00 for education contribution, almost £200,000 for highway improvements, more than £255,000 for play and open spaces, and more than £60,000 for surgeries in Desford and Ratby.\nSpeaking at the time of the last application, resident Graham Cole, who has children in the village schools, said Desford had grown massively in the last few years and had more than taken its share of the borough’s growth needs.\nHe said: “I get the impression that Desford is picked on as it is on the edge of Hinckley and Bosworth Borough.”\nAnother dad-of-two said the village was in danger of losing its identity.\nHe said: “This is a small village with a handful of shops, two pubs and two schools and its character would be totally changed by further development.\n“It is in the worst possible place for access, so all traffic, during construction and once built, would have to come through quiet residential streets, affecting the lives of everyone who lives along them.\n“Previous applications for the site were turned down and since then, Desford is even less suitable for further development than it was then.”",
"Davidsons Homes appeals to Secretary of State for 120 new houses",
"203 people objected to its most recent application for the site, which was turned down last month – with one letter of support"
] |
|
[
"Jonathon Manning",
"Image",
"Newcastle Chronicle"
] | 2021-01-07T13:10:56 | null | 2021-01-07T11:28:38 |
The South Tyneside company is currently in the midst of relocating its factory to a site close to the Nissan factory
|
https%3A%2F%2Fwww.business-live.co.uk%2Fmanufacturing%2Fautomotive-firm-faltec-sees-turnover-19578777.json
|
en
| null |
Automotive firm Faltec sees turnover drop 20% and warns activity will continue to fall
| 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
Automotive firm Faltec Europe posted a £12.4m loss for 2019 and has warned that the coronavirus pandemic will hit its finances even harder over the next two years.
The North East car parts manufacturer saw its turnover fall almost 20% during 2019, from £37.5m to £30m.
Faltec said the drop in sales was caused by a “softening of market volumes” and pointed out that decision by one of its clients - a major car manufacturer - to end production of one its models had exacerbated the situation.
The lower than expected sales led to Faltec filing an operating loss of £12.4m for the year, compared with a £4.1m loss in 2018.
Faltec also announced last year that it was planning to relocate its business away from its factory at Boldon Business Park - where it has been located since 1989.
The decision to move the factory was made so that Faltec could accommodate new work creating parts for the latest model of Nissan’s Qashqai. The move is expected to take three years to complete and cost £12m to complete.
But relocating the business has also led to Faltec dispensing of some of its machinery and equipment, which will not be taken to the new site. This led to Faltec writing off £2.2m relating to this equipment.
While the accounts did not include a time period affected by the coronavirus pandemic, Faltec did use the report to warn that Covid-19 was likely to negatively impact its results for years to come.
Speaking in the accounts, director Steven Tyson said: “Following the outbreak of the Covid-19 virus in FY20 Q1, all major customers announced unplanned shutdowns, lasting on average over three months.
"Despite second half volumes having been much more positive than initially anticipated, the overall impact means that the company forecasts an extremely difficult trading year in 2020, with activity levels down by approximately 35% versus the 2019 achievement.”
Mr Tyson added: “It is anticipated that trading will return to more normal levels in late FY20, with this trend continuing in FY21 and thereafter.
"However, there will be residual impacts through FY21, compared with mid-term plan, due to the delay in certain vehicle lines coming to market.”
|
https://www.business-live.co.uk/manufacturing/automotive-firm-faltec-sees-turnover-19578777
|
en
| 2021-01-07T00:00:00 |
www.business-live.co.uk/25c5702d0a397753984e64e715e94a977d94d9c001660c6732a09aab7d12c41a.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\nAutomotive firm Faltec Europe posted a £12.4m loss for 2019 and has warned that the coronavirus pandemic will hit its finances even harder over the next two years.\nThe North East car parts manufacturer saw its turnover fall almost 20% during 2019, from £37.5m to £30m.\nFaltec said the drop in sales was caused by a “softening of market volumes” and pointed out that decision by one of its clients - a major car manufacturer - to end production of one its models had exacerbated the situation.\nThe lower than expected sales led to Faltec filing an operating loss of £12.4m for the year, compared with a £4.1m loss in 2018.\nFaltec also announced last year that it was planning to relocate its business away from its factory at Boldon Business Park - where it has been located since 1989.\nThe decision to move the factory was made so that Faltec could accommodate new work creating parts for the latest model of Nissan’s Qashqai. The move is expected to take three years to complete and cost £12m to complete.\nBut relocating the business has also led to Faltec dispensing of some of its machinery and equipment, which will not be taken to the new site. This led to Faltec writing off £2.2m relating to this equipment.\nWhile the accounts did not include a time period affected by the coronavirus pandemic, Faltec did use the report to warn that Covid-19 was likely to negatively impact its results for years to come.\nSpeaking in the accounts, director Steven Tyson said: “Following the outbreak of the Covid-19 virus in FY20 Q1, all major customers announced unplanned shutdowns, lasting on average over three months.\n\"Despite second half volumes having been much more positive than initially anticipated, the overall impact means that the company forecasts an extremely difficult trading year in 2020, with activity levels down by approximately 35% versus the 2019 achievement.”\nMr Tyson added: “It is anticipated that trading will return to more normal levels in late FY20, with this trend continuing in FY21 and thereafter.\n\"However, there will be residual impacts through FY21, compared with mid-term plan, due to the delay in certain vehicle lines coming to market.”",
"Automotive firm Faltec sees turnover drop 20% and warns activity will continue to fall",
"The South Tyneside company is currently in the midst of relocating its factory to a site close to the Nissan factory"
] |
|
[
"Tom Pegden",
"Image",
"Pa"
] | 2021-01-11T11:36:35 | null | 2021-01-11T10:55:50 |
Matt Hancock said: "It is excellent to be working with a UK firm to deliver millions of these rapid tests"
|
https%3A%2F%2Fwww.business-live.co.uk%2Fmanufacturing%2Fderbys-surescreen-diagnostics-strikes-government-19601291.json
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en
| null |
Derby's SureScreen Diagnostics strikes government deal to supply 2m rapid Covid-19 test kits by Friday
| 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
An East Midlands drug and alcohol screening specialist has won a contract to supply 2 million rapid Covid-19 testing kits to the UK government – with the potential to supply millions more.
Derby-based company https://www.business-live.co.uk/enterprise/work-completes-state-art-facility-18668329
has struck a deal to supply the lateral flow tests – which provide results in under 30 minutes – by next Friday (15 January), with the potential to provide millions more in the coming months.
Last year the pharma company won a contract to provide tests to the Federal Medicines Agency in Belgium.
It has also sold its antigen tests to Health Passport Ireland – a programme to prompt economic stimulation in Ireland by combining the latest digital technologies with tests to offer Covid-free people proof of negative results, allowing people to move around easier.
Health and Social Care Secretary Matt Hancock said the UK deal has been validated by Public Health England for use in asymptomatic testing.
The health minister said: "It is excellent to be working with a UK firm to deliver millions of these rapid tests, which are being deployed across the country to help protect our communities and most vital public services.
"Roughly one in three people with Covid-19 don't display symptoms, meaning you can infect others unknowingly.
“This is why asymptomatic testing is so crucial in our fight against the virus, and why I'm so grateful to see the British diagnostics industry use their ingenuity and expertise in our shared purpose to protect our communities."
SureScreen director David Campbell said: “We believe our rapid antigen tests can really help in screening people both in the community and in clinical settings. Routine testing is crucial to help business and schools as well as hospitals and GPs.
"We are delighted to be working with DHSC on this project and that our tests have been recognised by the Government and its scientists. We look forward to doing all we can to help the UK going forward in 2021."
The government and UK devolved governments have been accused of failing to draw up a proactive response to tackling the pandemic, with accusations the existing test and trace systems have not been stringent enough.
Interim executive chair of the National Institute for Health Protection Baroness Dido Harding said: "I am really pleased that we have been able to work with SureScreen to ensure we have a British supplier for this vital testing technology.
“Lateral Flow Tests are playing an ever increasing role in our testing programme as we continue to expand testing to find positive cases amongst those without symptoms.
“Having a British manufacturer provides greater certainty that we will be able to continue to grow our supply of these important tests”
The Government said that under its Winter Plan, NHS Test and Trace is deploying hundreds of thousands of rapid tests to identify asymptomatic cases in care homes, across the NHS, in critical infrastructure workplaces and food manufacturers, and in partnership with local Directors of Public Health.
The Government’s Community Testing Programme is providing asymptomatic testing through local authorities across the UK. The SureScreen tests will form part of that.
|
https://www.business-live.co.uk/manufacturing/derbys-surescreen-diagnostics-strikes-government-19601291
|
en
| 2021-01-11T00:00:00 |
www.business-live.co.uk/a7a6f1eaa690498c832153b8156b8b36859767df2f73da7f1cc22782da8cdbf7.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\nAn East Midlands drug and alcohol screening specialist has won a contract to supply 2 million rapid Covid-19 testing kits to the UK government – with the potential to supply millions more.\nDerby-based company https://www.business-live.co.uk/enterprise/work-completes-state-art-facility-18668329\nhas struck a deal to supply the lateral flow tests – which provide results in under 30 minutes – by next Friday (15 January), with the potential to provide millions more in the coming months.\nLast year the pharma company won a contract to provide tests to the Federal Medicines Agency in Belgium.\nIt has also sold its antigen tests to Health Passport Ireland – a programme to prompt economic stimulation in Ireland by combining the latest digital technologies with tests to offer Covid-free people proof of negative results, allowing people to move around easier.\nHealth and Social Care Secretary Matt Hancock said the UK deal has been validated by Public Health England for use in asymptomatic testing.\nThe health minister said: \"It is excellent to be working with a UK firm to deliver millions of these rapid tests, which are being deployed across the country to help protect our communities and most vital public services.\n\"Roughly one in three people with Covid-19 don't display symptoms, meaning you can infect others unknowingly.\n“This is why asymptomatic testing is so crucial in our fight against the virus, and why I'm so grateful to see the British diagnostics industry use their ingenuity and expertise in our shared purpose to protect our communities.\"\nSureScreen director David Campbell said: “We believe our rapid antigen tests can really help in screening people both in the community and in clinical settings. Routine testing is crucial to help business and schools as well as hospitals and GPs.\n\"We are delighted to be working with DHSC on this project and that our tests have been recognised by the Government and its scientists. We look forward to doing all we can to help the UK going forward in 2021.\"\nThe government and UK devolved governments have been accused of failing to draw up a proactive response to tackling the pandemic, with accusations the existing test and trace systems have not been stringent enough.\nInterim executive chair of the National Institute for Health Protection Baroness Dido Harding said: \"I am really pleased that we have been able to work with SureScreen to ensure we have a British supplier for this vital testing technology.\n“Lateral Flow Tests are playing an ever increasing role in our testing programme as we continue to expand testing to find positive cases amongst those without symptoms.\n“Having a British manufacturer provides greater certainty that we will be able to continue to grow our supply of these important tests”\nThe Government said that under its Winter Plan, NHS Test and Trace is deploying hundreds of thousands of rapid tests to identify asymptomatic cases in care homes, across the NHS, in critical infrastructure workplaces and food manufacturers, and in partnership with local Directors of Public Health.\nThe Government’s Community Testing Programme is providing asymptomatic testing through local authorities across the UK. The SureScreen tests will form part of that.",
"Derby's SureScreen Diagnostics strikes government deal to supply 2m rapid Covid-19 test kits by Friday",
"Matt Hancock said: \"It is excellent to be working with a UK firm to deliver millions of these rapid tests\""
] |
|
[
"Tamlyn Jones"
] | 2021-01-27T06:08:49 | null | 2021-01-27T05:00:00 |
Consultation now open as council wants to hear views of the public on how city centre should change and develop over the next 20 years
|
https%3A%2F%2Fwww.business-live.co.uk%2Fcommercial-property%2Fnew-masterplan-launched-next-two-19704652.json
|
en
| null |
New masterplan launched for next two decades of Birmingham's regeneration
| 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 consultation has been launched aimed at shaping the future of development strategy for Birmingham over the next 20 years.
Called 'Our Future City Plan: Central Birmingham 2040', it will set out the potential development and regeneration projects for the city centre and will replace the much-lauded 'Big City Plan' unveiled in 2010.
Birmingham City Council, which is running the consultation, said the strategy would focus on creating people-centred environments, opportunities for growth in emerging green industries and improving health and wellbeing through access to green spaces.
The authority also wants to make cycling and walking easier, safer and more attractive.
Among the other aims of the masterplan is to strengthen links between the city centre and nearby districts such as Aston, Nechells, Balsall Heath, Small Heath and Sparkbrook.
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 council said the impact of the covid-19 pandemic, alongside wider environmental, societal and economic challenges, had prompted the launch of this project.
Council leader Cllr Ian Ward said: "As the main centre of development activity in our city over the last 30 years, investment in the city centre has provided jobs, homes, improvements to sustainable transport, new cultural destinations and educational opportunities.
"With the opportunities of HS2, expansion of the West Midlands Metro and the Commonwealth Games on the horizon, the city will continue to be a major regional, national hub and centre for international investment.
"This plan marks a major change from previous approaches to the city centre, with a clear intention to spread the benefits of development and investment into inner city areas, supporting access to infrastructure, jobs and improved public spaces.
"The release of an early engagement document such as this is intended to seek feedback from a wide spectrum of voices ranging from the individuals, organisations and communities to ensure all of Birmingham's communities are shaping the city together."
The consultation is now open and runs until March 26 and the results will be published in the autumn. Visit Birminghambeheard.org to take part.
|
https://www.business-live.co.uk/commercial-property/new-masterplan-launched-next-two-19704652
|
en
| 2021-01-27T00:00:00 |
www.business-live.co.uk/195913afd16f39555cdaba1ae939accf719c8e5ca9ca9aaddfa3e45a537b0690.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 consultation has been launched aimed at shaping the future of development strategy for Birmingham over the next 20 years.\nCalled 'Our Future City Plan: Central Birmingham 2040', it will set out the potential development and regeneration projects for the city centre and will replace the much-lauded 'Big City Plan' unveiled in 2010.\nBirmingham City Council, which is running the consultation, said the strategy would focus on creating people-centred environments, opportunities for growth in emerging green industries and improving health and wellbeing through access to green spaces.\nThe authority also wants to make cycling and walking easier, safer and more attractive.\nAmong the other aims of the masterplan is to strengthen links between the city centre and nearby districts such as Aston, Nechells, Balsall Heath, Small Heath and Sparkbrook.\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 council said the impact of the covid-19 pandemic, alongside wider environmental, societal and economic challenges, had prompted the launch of this project.\nCouncil leader Cllr Ian Ward said: \"As the main centre of development activity in our city over the last 30 years, investment in the city centre has provided jobs, homes, improvements to sustainable transport, new cultural destinations and educational opportunities.\n\"With the opportunities of HS2, expansion of the West Midlands Metro and the Commonwealth Games on the horizon, the city will continue to be a major regional, national hub and centre for international investment.\n\"This plan marks a major change from previous approaches to the city centre, with a clear intention to spread the benefits of development and investment into inner city areas, supporting access to infrastructure, jobs and improved public spaces.\n\"The release of an early engagement document such as this is intended to seek feedback from a wide spectrum of voices ranging from the individuals, organisations and communities to ensure all of Birmingham's communities are shaping the city together.\"\nThe consultation is now open and runs until March 26 and the results will be published in the autumn. Visit Birminghambeheard.org to take part.",
"New masterplan launched for next two decades of Birmingham's regeneration",
"Consultation now open as council wants to hear views of the public on how city centre should change and develop over the next 20 years"
] |
|
[
"Tom Houghton"
] | 2021-01-07T14:59:39 | null | 2021-01-07T13:46:13 |
BusinessLive answers the pressing questions including whether companies are required to furlough staff who cannot work from home, the firms allowed to stay open, and if parents can bring their children to work
|
https%3A%2F%2Fwww.business-live.co.uk%2Feconomic-development%2Fcan-take-time-work-look-19578059.json
|
en
| null |
Can I take time off work to look after my children during the third lockdown? Questions answered on key workers and furlough for parents following coronavirus school closures
| 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
With schools having closed for the third English lockdown, many parents - particularly those who cannot work from home - have been left in a precarious position.
Many of these people including in sectors such as health, education, public services, food manufacturing and financial services qualify as 'critical workers' under the new Government rules, meaning they can ask schools for childcare.
However, for other industries, it is up to the individual company to decide whether to permit use of the Government's furlough scheme, or like in the case of Swiss insurance firm Zurich, introduce fully-paid 'lockdown leave'.
There has been some confusion in recent days over the definition of a 'critical worker', with BusinessLive journalists receiving countless enquiries from workers saying they should not be required to go into the workplace, given the Government's strict 'stay at home' order.
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
They included staff working at the Jaguar Land Rover plant on Merseyside, who were told childcare leave would be unpaid. DHL and JLR said its employees were 'critical workers' and so were eligible for childcare, but were then reportedly refused help by the schools.
While Prime Minister Boris Johnson has promised that schools will be the first to reopen when lockdown lifts, the earliest that will be is mid-February, with pupils having now moved to online learning.
What is a 'critical worker'?
At the start of this week, the Government laid out its official list of critical workers for the third national lockdown.
They were:
Health and social care (including, but is not limited to, doctors, nurses, midwives, paramedics, social workers, care workers, and other frontline health and social care staff including volunteers).
Teachers, school support staff, childcare staff, social workers and other specialist educational professionals.
Those essential to the running of the justice system.
Religious staff.
Charities and workers delivering key frontline service.
Those responsible for the management of the deceased.
Journalists and broadcasters who are providing public service broadcasting.
Essential public services and those workers on the Covid-19 response in local and national government.
Food processing, production, distribution, sale and delivery workers.
Police and support staff.
Firefighters.
Border security, National Crime Agency staff, contractors and Armed Forces personnel.
Transport workers (including those who keep air, water, road and rail passenger and freight transport operating during the coronavirus pandemic)
Staff needed for essential financial services provision (including, but not limited to, workers in banks, building societies and financial market infrastructure).
The oil, gas, electricity and water sectors, including sewerage.
Information technology and data infrastructure sector and primary industry supplies to continue during the coronavirus response.
Key staff working in the civil nuclear, chemicals, telecommunications (including, but not limited to, network operations, field engineering, call centre staff, IT and data infrastructure, 999 and 111 critical services).
Postal services and delivery.
Payments providers.
Waste disposal sectors.
Which businesses and workplaces are allowed to open?
The businesses that are allowed to remain open - where employees may be asked to come into work - but may not always be considered 'critical workers', include:
Non-essential retail venues operating click and collect (where goods are pre-ordered and collected without entering the premises) and delivery services.
Food and drink businesses (including alcohol) can continue to operate takeaway only.
Hotels and guest houses are permitted to open - but only for those in specific circumstances - where these act as someone’s main residence, where the person cannot return home, for providing accommodation or support to the homeless, or where it is essential to stay there for work purposes.
Outdoor grounds of botanical gardens, heritage homes and landmarks may remain open - although the indoor attractions must close
Libraries can also remain open to provide access to IT and digital services – for example for people who do not have it at home – and for click-and-collect services.
Construction sites.
Factories and manufacturing sites.
Veterinary surgeons, animal rescue centres, boarding facilities and pet shops.
Dental services, opticians, audiology services, chiropody, chiropractors, osteopaths and other medical or health services, including services relating to mental health.
Funeral directors.
Laundrettes and dry cleaners.
Bicycle shops, vehicle repair and MOT services.
Petrol stations and automatic car washes.
Taxi or vehicle hire businesses and motorway service areas.
Storage and distribution facilities including delivery drop off or collection points, are also able to open where the facilities are in the premises of a business allowed to remain open.
Services (rather than goods) - such as accountants, solicitors, and estate agents - are not required to close, except for those stated here.
I'm not a critical worker and and I have no childcare arrangements. Can I work from home?
The Government guidance says you must work from home unless you cannot reasonably do so.
According to work-life balance charity Working Families, if you have no childcare available and if it is at all possible for you to work from home, you should be allowed to work from home.
The impact that working from home has on your employer’s business should not be taken into account when making the decision of whether or not you can work from home, as it would be for a normal flexible working request – the government has advised that insofar as it is possible, you should work from home.
It's not possible to work from home. Does my company have to furlough me by law?
Unfortunately, no.
If you can’t work from home because of your role, or if you are unable to work (including from home) due to your caring responsibilities including homeschooling, you can be furloughed for this reason if eligible for the scheme.
The government guidance on the extended scheme updated in November confirms that furlough is available to people who are required to stay home because they have childcare responsibilities resulting from coronavirus.
Many employers are not aware yet that the guidance has changed, so Working Families said it’s worth telling them that about your childcare problems and alerting them to the wording in the guidance.
The issue for parents and carers is that furlough is not an entitlement. Your employer does not have to agree to furlough you – it is their choice whether they put you on furlough or not, even if they are allowed to do so.
Working Families suggests if this happens, that employees stress to their employer how difficult this time is for the family, that it will not cost them anything over the 5% contribution to National Insurance Contributions and employer pension contributions and point them to the above guidance.
So can I take time off?
It's up to the individual employer to decide on this. As above, Swiss insurance firm Zurich this week introduce fully-paid 'lockdown leave' for its employees - 10 days' additional leave for parents and carers in its UK offices.
Other employers, such as JLR and DHL, who maintain their staff are 'critical workers', have said employees can take unpaid 'parents emergency dependent's leave' - or holiday.
Check if you can get parental leave
According to guidance from the Citizen's Advice Bureau, if you’ve worked for your employer for at least a year, you can have unpaid parental leave for each of your children. You get 18 weeks for each child - this is for the whole period until they’re 18. Your child’s other parent can also take 18 weeks.
You can’t take parental leave if you’re furloughed.
The law says you can only take 4 weeks’ leave per child each year. You also have to tell your employer 21 days before you want to be off work.
Your employer may be flexible in these circumstances and allow you to take unpaid parental leave without giving 21days notice.
Can my employer ask me to bring my children to work?
According to Working Families, yes.
In certain circumstances, your employer may be able to ask you to bring your children into work, but they should not force you to do so.
You must yourself consider if it is safe for your children to be at your workplace and how it would impact your ability to do your job.
|
https://www.business-live.co.uk/economic-development/can-take-time-work-look-19578059
|
en
| 2021-01-07T00:00:00 |
www.business-live.co.uk/6ac32bfa68921b97a5fa2933536f1d33382ac09a45e8308193e15b8477ea398e.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\nWith schools having closed for the third English lockdown, many parents - particularly those who cannot work from home - have been left in a precarious position.\nMany of these people including in sectors such as health, education, public services, food manufacturing and financial services qualify as 'critical workers' under the new Government rules, meaning they can ask schools for childcare.\nHowever, for other industries, it is up to the individual company to decide whether to permit use of the Government's furlough scheme, or like in the case of Swiss insurance firm Zurich, introduce fully-paid 'lockdown leave'.\nThere has been some confusion in recent days over the definition of a 'critical worker', with BusinessLive journalists receiving countless enquiries from workers saying they should not be required to go into the workplace, given the Government's strict 'stay at home' order.\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\nThey included staff working at the Jaguar Land Rover plant on Merseyside, who were told childcare leave would be unpaid. DHL and JLR said its employees were 'critical workers' and so were eligible for childcare, but were then reportedly refused help by the schools.\nWhile Prime Minister Boris Johnson has promised that schools will be the first to reopen when lockdown lifts, the earliest that will be is mid-February, with pupils having now moved to online learning.\nWhat is a 'critical worker'?\nAt the start of this week, the Government laid out its official list of critical workers for the third national lockdown.\nThey were:\nHealth and social care (including, but is not limited to, doctors, nurses, midwives, paramedics, social workers, care workers, and other frontline health and social care staff including volunteers).\nTeachers, school support staff, childcare staff, social workers and other specialist educational professionals.\nThose essential to the running of the justice system.\nReligious staff.\nCharities and workers delivering key frontline service.\nThose responsible for the management of the deceased.\nJournalists and broadcasters who are providing public service broadcasting.\nEssential public services and those workers on the Covid-19 response in local and national government.\nFood processing, production, distribution, sale and delivery workers.\nPolice and support staff.\nFirefighters.\nBorder security, National Crime Agency staff, contractors and Armed Forces personnel.\nTransport workers (including those who keep air, water, road and rail passenger and freight transport operating during the coronavirus pandemic)\nStaff needed for essential financial services provision (including, but not limited to, workers in banks, building societies and financial market infrastructure).\nThe oil, gas, electricity and water sectors, including sewerage.\nInformation technology and data infrastructure sector and primary industry supplies to continue during the coronavirus response.\nKey staff working in the civil nuclear, chemicals, telecommunications (including, but not limited to, network operations, field engineering, call centre staff, IT and data infrastructure, 999 and 111 critical services).\nPostal services and delivery.\nPayments providers.\nWaste disposal sectors.\nWhich businesses and workplaces are allowed to open?\nThe businesses that are allowed to remain open - where employees may be asked to come into work - but may not always be considered 'critical workers', include:\nNon-essential retail venues operating click and collect (where goods are pre-ordered and collected without entering the premises) and delivery services.\nFood and drink businesses (including alcohol) can continue to operate takeaway only.\nHotels and guest houses are permitted to open - but only for those in specific circumstances - where these act as someone’s main residence, where the person cannot return home, for providing accommodation or support to the homeless, or where it is essential to stay there for work purposes.\nOutdoor grounds of botanical gardens, heritage homes and landmarks may remain open - although the indoor attractions must close\nLibraries can also remain open to provide access to IT and digital services – for example for people who do not have it at home – and for click-and-collect services.\nConstruction sites.\nFactories and manufacturing sites.\nVeterinary surgeons, animal rescue centres, boarding facilities and pet shops.\nDental services, opticians, audiology services, chiropody, chiropractors, osteopaths and other medical or health services, including services relating to mental health.\nFuneral directors.\nLaundrettes and dry cleaners.\nBicycle shops, vehicle repair and MOT services.\nPetrol stations and automatic car washes.\nTaxi or vehicle hire businesses and motorway service areas.\nStorage and distribution facilities including delivery drop off or collection points, are also able to open where the facilities are in the premises of a business allowed to remain open.\nServices (rather than goods) - such as accountants, solicitors, and estate agents - are not required to close, except for those stated here.\nI'm not a critical worker and and I have no childcare arrangements. Can I work from home?\nThe Government guidance says you must work from home unless you cannot reasonably do so.\nAccording to work-life balance charity Working Families, if you have no childcare available and if it is at all possible for you to work from home, you should be allowed to work from home.\nThe impact that working from home has on your employer’s business should not be taken into account when making the decision of whether or not you can work from home, as it would be for a normal flexible working request – the government has advised that insofar as it is possible, you should work from home.\nIt's not possible to work from home. Does my company have to furlough me by law?\nUnfortunately, no.\nIf you can’t work from home because of your role, or if you are unable to work (including from home) due to your caring responsibilities including homeschooling, you can be furloughed for this reason if eligible for the scheme.\nThe government guidance on the extended scheme updated in November confirms that furlough is available to people who are required to stay home because they have childcare responsibilities resulting from coronavirus.\nMany employers are not aware yet that the guidance has changed, so Working Families said it’s worth telling them that about your childcare problems and alerting them to the wording in the guidance.\nThe issue for parents and carers is that furlough is not an entitlement. Your employer does not have to agree to furlough you – it is their choice whether they put you on furlough or not, even if they are allowed to do so.\nWorking Families suggests if this happens, that employees stress to their employer how difficult this time is for the family, that it will not cost them anything over the 5% contribution to National Insurance Contributions and employer pension contributions and point them to the above guidance.\nSo can I take time off?\nIt's up to the individual employer to decide on this. As above, Swiss insurance firm Zurich this week introduce fully-paid 'lockdown leave' for its employees - 10 days' additional leave for parents and carers in its UK offices.\nOther employers, such as JLR and DHL, who maintain their staff are 'critical workers', have said employees can take unpaid 'parents emergency dependent's leave' - or holiday.\nCheck if you can get parental leave\nAccording to guidance from the Citizen's Advice Bureau, if you’ve worked for your employer for at least a year, you can have unpaid parental leave for each of your children. You get 18 weeks for each child - this is for the whole period until they’re 18. Your child’s other parent can also take 18 weeks.\nYou can’t take parental leave if you’re furloughed.\nThe law says you can only take 4 weeks’ leave per child each year. You also have to tell your employer 21 days before you want to be off work.\nYour employer may be flexible in these circumstances and allow you to take unpaid parental leave without giving 21days notice.\nCan my employer ask me to bring my children to work?\nAccording to Working Families, yes.\nIn certain circumstances, your employer may be able to ask you to bring your children into work, but they should not force you to do so.\nYou must yourself consider if it is safe for your children to be at your workplace and how it would impact your ability to do your job.",
"Can I take time off work to look after my children during the third lockdown? Questions answered on key workers and furlough for parents following coronavirus school closures",
"BusinessLive answers the pressing questions including whether companies are required to furlough staff who cannot work from home, the firms allowed to stay open, and if parents can bring their children to work"
] |
|
[
"Tom Houghton"
] | 2021-01-28T00:32:06 | null | 2021-01-28T00:01:00 |
The move will mean a new investment drive for Manchester-based ASG
|
https%3A%2F%2Fwww.business-live.co.uk%2Fleads-deals%2Fdozens-jobs-secured-aero-services-19711302.json
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en
| null |
Dozens of jobs secured as Aero Services Group acquires King & Fowler
| 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
Manchester firm Aero Services Global Group (ASG) has acquired one of Liverpool's oldest surface treatment specialists in a move that will safeguard 59 jobs and signal a fresh investment drive.
Aerospace firm ASG has swooped for Liverpool firm King & Fowler, strengthening its manufacturing offer, with the firm now looking to maximise its 'one-stop' capability with clients all over the world.
The Manchester-based group, which is run by Simon Weston and backed by Amin Amiri of a2e Industries, said it will now launch a new investment drive in processes and plant at its Liverpool factory.
The move will enhance the group’s operating efficiencies, provide access to an extended blue chip client base and make the most of a "number of synergies" that should increase sales for both parties.
Simon Weston, Group MD of ASG, said: “We are delighted to welcome King & Fowler to the ASG family and see this acquisition as a strategic fit, adding more capability to our portfolio.
"This acquisition strengthens our commitment to our customers, providing end-to-end capabilities for commercial and military aerospace contracts.
“Its reputation in the aerospace sector is well respected, with Nadcap accreditation and over 15 customers approvals already in place.
"More importantly, it has unrivalled expertise in the surface treatment of critical components and, with renewed investment, we believe we have the opportunity to grow sales by 30% over the next twelve months.”
King & Fowler also brings a new manufacturing discipline to the quickly expanding North West group, with it now able to access anodising, plating, heat treatment and non-destructive testing.
This means that ASG will be able to deliver a ‘one-stop’ engineering portfolio from tooling and machining to assembly and finishing.
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 Weston continued: “This will involve the creation of a number of new jobs and the opportunity to complete work for other domestic and international member companies in ASG.”
Mark Huddleston, who remains director of King & Fowler, added: "We have joined a well-managed, growing and ideally positioned group, with a clear vision of providing world class services to customers and deploying a ‘partner of choice’ ethos.
“While we have been approached on a number of occasions by potential buyers, the investment record and market growth of ASG made this the right next step and we look forward to upgrading our facilities whilst supporting the group in their strategic objectives."
Manchester-based Aero Services Global Group manufactures and sub-assembles detail airframe structural equipment and aero engine components. It employs over 350 people with annual sales of over £43m.
Mr Amiri of a2e Industries added: “It is pleasing to witness the birth and continuous strategic development of our business.
"We will cultivate King & Fowler‘s capabilities as a transformative catalyst to enhance shareholder value and profile in the industry.”
Aero Services Global Group was advised by Claire Checketts and Sarah Maddocks of Shoosmiths Solicitors LLP, with the Huddleston family advised by Richard Moorehead of HNH Group.
|
https://www.business-live.co.uk/leads-deals/dozens-jobs-secured-aero-services-19711302
|
en
| 2021-01-28T00:00:00 |
www.business-live.co.uk/65c1c2ba62ce2730e87b979d9fae4be9452ef3a3ffa4860f3b4cca49d9f43ebf.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\nManchester firm Aero Services Global Group (ASG) has acquired one of Liverpool's oldest surface treatment specialists in a move that will safeguard 59 jobs and signal a fresh investment drive.\nAerospace firm ASG has swooped for Liverpool firm King & Fowler, strengthening its manufacturing offer, with the firm now looking to maximise its 'one-stop' capability with clients all over the world.\nThe Manchester-based group, which is run by Simon Weston and backed by Amin Amiri of a2e Industries, said it will now launch a new investment drive in processes and plant at its Liverpool factory.\nThe move will enhance the group’s operating efficiencies, provide access to an extended blue chip client base and make the most of a \"number of synergies\" that should increase sales for both parties.\nSimon Weston, Group MD of ASG, said: “We are delighted to welcome King & Fowler to the ASG family and see this acquisition as a strategic fit, adding more capability to our portfolio.\n\"This acquisition strengthens our commitment to our customers, providing end-to-end capabilities for commercial and military aerospace contracts.\n“Its reputation in the aerospace sector is well respected, with Nadcap accreditation and over 15 customers approvals already in place.\n\"More importantly, it has unrivalled expertise in the surface treatment of critical components and, with renewed investment, we believe we have the opportunity to grow sales by 30% over the next twelve months.”\nKing & Fowler also brings a new manufacturing discipline to the quickly expanding North West group, with it now able to access anodising, plating, heat treatment and non-destructive testing.\nThis means that ASG will be able to deliver a ‘one-stop’ engineering portfolio from tooling and machining to assembly and finishing.\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 Weston continued: “This will involve the creation of a number of new jobs and the opportunity to complete work for other domestic and international member companies in ASG.”\nMark Huddleston, who remains director of King & Fowler, added: \"We have joined a well-managed, growing and ideally positioned group, with a clear vision of providing world class services to customers and deploying a ‘partner of choice’ ethos.\n“While we have been approached on a number of occasions by potential buyers, the investment record and market growth of ASG made this the right next step and we look forward to upgrading our facilities whilst supporting the group in their strategic objectives.\"\nManchester-based Aero Services Global Group manufactures and sub-assembles detail airframe structural equipment and aero engine components. It employs over 350 people with annual sales of over £43m.\nMr Amiri of a2e Industries added: “It is pleasing to witness the birth and continuous strategic development of our business.\n\"We will cultivate King & Fowler‘s capabilities as a transformative catalyst to enhance shareholder value and profile in the industry.”\nAero Services Global Group was advised by Claire Checketts and Sarah Maddocks of Shoosmiths Solicitors LLP, with the Huddleston family advised by Richard Moorehead of HNH Group.",
"Dozens of jobs secured as Aero Services Group acquires King & Fowler",
"The move will mean a new investment drive for Manchester-based ASG"
] |
|
[
"Owen Hughes",
"Image",
"Ian Cooper",
"Handout"
] | 2021-01-22T07:42:55 | null | 2021-01-22T07:00:00 |
Groups representing businesses in the sector want to know when new support will be announced
|
https%3A%2F%2Fwww.business-live.co.uk%2Fretail-consumer%2Flifeline-wanted-welsh-hospitality-retail-19676694.json
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en
| null |
'Lifeline' wanted for Welsh hospitality and retail in lockdown since before Christmas
| 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
Retail and hospitality groups want extra support to provide a “lifeline” for businesses in Wales left unable to trade since lockdown before Christmas.
First Minister Mark Drakeford placed Wales into Alert Level 4 on December 20 - shutting all hospitality and non-essential retailers in the crucial pre-Christmas period.
There has been £450m in support for firms affected by the latest measures but with lockdown continuing until at least the end of January and likely beyond more support is now being called for.
Sara Jones. head of Welsh Retail Consortium, said: “Shops and high streets across Wales have been left reeling by coronavirus and there simply isn’t a taxpayer-funded support scheme which can replace the potential losses of store closures.
"Therefore, it is absolutely vital that the Government provides additional targeted financial support which will be a lifeline for non-essential stores through the current phase of being unable to open and trade.
(Image: Handout)
“We are seeking an urgent commitment to extend the business rates relief beyond April 2021, otherwise many more businesses will become unviable and many thousands of jobs will be at risk.”
UKHospitality Cymru said extended lockdown means pubs, bars, cafes and hotels across North Wales immediately need a new cash cocktail of financial support to survive.
David Chapman, UKHC executive director, said: “The Welsh Government has worked with us to define and deliver sector specific help which, with the crucial contributions of furlough, business rates relief and VAT cuts from Westminster, has kept many of our businesses alive.
“However, our current sector help here in Wales only covered businesses until January 21 and all the signs are next week’s Government three week review will continue lockdown.
“It is possible we will face enforced closures or very limited trading possibly to Easter and even beyond, and with vital Westminster help running out, a serious financial cliff edge is looming large on the horizon.”
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.
It is understood Welsh Government will give an update on extra funding shortly.
UK Government is also considering extending rates relief for businesses.
A Welsh Government spokesman said: “The UK Government indicated it will make a decision on non-domestic rates support in the New Year. Following any announcement, we will consider how any additional consequential funding allocated to Wales can be best targeted to support our communities and businesses.”
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/lifeline-wanted-welsh-hospitality-retail-19676694
|
en
| 2021-01-22T00:00:00 |
www.business-live.co.uk/8e2ceae63fbbfd2afba19cfe277272084d88ef54f5a4dd163e98fac3ce9cfdaf.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\nRetail and hospitality groups want extra support to provide a “lifeline” for businesses in Wales left unable to trade since lockdown before Christmas.\nFirst Minister Mark Drakeford placed Wales into Alert Level 4 on December 20 - shutting all hospitality and non-essential retailers in the crucial pre-Christmas period.\nThere has been £450m in support for firms affected by the latest measures but with lockdown continuing until at least the end of January and likely beyond more support is now being called for.\nSara Jones. head of Welsh Retail Consortium, said: “Shops and high streets across Wales have been left reeling by coronavirus and there simply isn’t a taxpayer-funded support scheme which can replace the potential losses of store closures.\n\"Therefore, it is absolutely vital that the Government provides additional targeted financial support which will be a lifeline for non-essential stores through the current phase of being unable to open and trade.\n(Image: Handout)\n“We are seeking an urgent commitment to extend the business rates relief beyond April 2021, otherwise many more businesses will become unviable and many thousands of jobs will be at risk.”\nUKHospitality Cymru said extended lockdown means pubs, bars, cafes and hotels across North Wales immediately need a new cash cocktail of financial support to survive.\nDavid Chapman, UKHC executive director, said: “The Welsh Government has worked with us to define and deliver sector specific help which, with the crucial contributions of furlough, business rates relief and VAT cuts from Westminster, has kept many of our businesses alive.\n“However, our current sector help here in Wales only covered businesses until January 21 and all the signs are next week’s Government three week review will continue lockdown.\n“It is possible we will face enforced closures or very limited trading possibly to Easter and even beyond, and with vital Westminster help running out, a serious financial cliff edge is looming large on the horizon.”\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.\nIt is understood Welsh Government will give an update on extra funding shortly.\nUK Government is also considering extending rates relief for businesses.\nA Welsh Government spokesman said: “The UK Government indicated it will make a decision on non-domestic rates support in the New Year. Following any announcement, we will consider how any additional consequential funding allocated to Wales can be best targeted to support our communities and businesses.”\nTo have your say on this story please use our comments section at the top of this article",
"'Lifeline' wanted for Welsh hospitality and retail in lockdown since before Christmas",
"Groups representing businesses in the sector want to know when new support will be announced"
] |
|
[
"Tamlyn Jones"
] | 2021-01-21T14:57:05 | null | 2021-01-21T14:18:37 |
Council reveals how it plans to spend £21.6m in recently secured government grant funding
|
https%3A%2F%2Fwww.business-live.co.uk%2Fcommercial-property%2Fnew-funding-signals-major-regeneration-19672971.json
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en
| null |
New funding signals major regeneration plans for Tamworth
| 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
New commercial space aimed at small businesses and a revamped public square to host events are among the proposals for a wholesale regeneration of a West Midlands town.
The work in Tamworth is aimed at increasing visitor numbers, capitalising on its heritage assets such as the famous castle and revitalising old commercial space.
It is being made possible after local council and business chiefs secured £21.6 million from the Government's Future High Streets Fund last month as part of a wider award worth almost £146 million to the West Midlands.
The plans for Tamworth are:
- Development of flexible space for smaller, independent hospitality, leisure and retail businesses
- More affordable office space
- The transformation of St Editha's Square into a multi-purpose events space
- Relocation of Tamworth College to a new town centre building
- Restoration of heritage features and buildings to be brought back into use
- Improved entrance between the town centre and the castle grounds
- Improvements to Middle Entry shopping precinct
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.
Tamworth secured the full amount of capital it was asking for from the Government which was also one of the highest awards made by the Ministry of Housing, Communities and Local Government.
All the projects will now be subject to contracts, design work, planning permission and further consultation.
Leader of Tamworth Borough Council Cllr Daniel Cook said: "In 2019, we ran the campaign ‘Tamworth What's Next?'.
"This was a full consultation exercise with residents, businesses and the voluntary sector in regards improving the town centre and evolving it into a 21st century destination of choice.
"I stood in front of those who responded and promised I was pinning my name to finally getting the town centre going again.
"This is a great step forward and will see a fundamental change to our town's reputation and offer."
Growth and regeneration chief Cllr Jeremy Oates added: "These are ambitious plans (and) we know the high street has to change and adapt.
"If it all goes to plan, this project - together with the redevelopment of the Gungate precinct - will deliver on many of the themes Tamworth people told us were most important to them."
The £1 billion Future High Streets Fund was first unveiled in the 2018 Budget and aims to renew and reshape town centres to drive growth and improve the visitor experience by overcoming local challenges.
Property regeneration consultancy Aspinall Verdi worked with the council to secure the funding.
Managing director Ben Aspinall said: "It's incredibly rewarding to see the hard and collaborative work of Aspinall Verdi, our consultant partners, great local authority teams and passionate communities pay off by achieving successful bids.
"We are passionate about achieving sustainable economic development of our towns and cities so this funding is great news for these town centres as they look to redefine themselves to meet the needs of a post-pandemic world."
|
https://www.business-live.co.uk/commercial-property/new-funding-signals-major-regeneration-19672971
|
en
| 2021-01-21T00:00:00 |
www.business-live.co.uk/6d40cd0931c218c6f4dbf48da1dae48788050cabaac005312d2695913279e5b3.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\nNew commercial space aimed at small businesses and a revamped public square to host events are among the proposals for a wholesale regeneration of a West Midlands town.\nThe work in Tamworth is aimed at increasing visitor numbers, capitalising on its heritage assets such as the famous castle and revitalising old commercial space.\nIt is being made possible after local council and business chiefs secured £21.6 million from the Government's Future High Streets Fund last month as part of a wider award worth almost £146 million to the West Midlands.\nThe plans for Tamworth are:\n- Development of flexible space for smaller, independent hospitality, leisure and retail businesses\n- More affordable office space\n- The transformation of St Editha's Square into a multi-purpose events space\n- Relocation of Tamworth College to a new town centre building\n- Restoration of heritage features and buildings to be brought back into use\n- Improved entrance between the town centre and the castle grounds\n- Improvements to Middle Entry shopping precinct\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.\nTamworth secured the full amount of capital it was asking for from the Government which was also one of the highest awards made by the Ministry of Housing, Communities and Local Government.\nAll the projects will now be subject to contracts, design work, planning permission and further consultation.\nLeader of Tamworth Borough Council Cllr Daniel Cook said: \"In 2019, we ran the campaign ‘Tamworth What's Next?'.\n\"This was a full consultation exercise with residents, businesses and the voluntary sector in regards improving the town centre and evolving it into a 21st century destination of choice.\n\"I stood in front of those who responded and promised I was pinning my name to finally getting the town centre going again.\n\"This is a great step forward and will see a fundamental change to our town's reputation and offer.\"\nGrowth and regeneration chief Cllr Jeremy Oates added: \"These are ambitious plans (and) we know the high street has to change and adapt.\n\"If it all goes to plan, this project - together with the redevelopment of the Gungate precinct - will deliver on many of the themes Tamworth people told us were most important to them.\"\nThe £1 billion Future High Streets Fund was first unveiled in the 2018 Budget and aims to renew and reshape town centres to drive growth and improve the visitor experience by overcoming local challenges.\nProperty regeneration consultancy Aspinall Verdi worked with the council to secure the funding.\nManaging director Ben Aspinall said: \"It's incredibly rewarding to see the hard and collaborative work of Aspinall Verdi, our consultant partners, great local authority teams and passionate communities pay off by achieving successful bids.\n\"We are passionate about achieving sustainable economic development of our towns and cities so this funding is great news for these town centres as they look to redefine themselves to meet the needs of a post-pandemic world.\"",
"New funding signals major regeneration plans for Tamworth",
"Council reveals how it plans to spend £21.6m in recently secured government grant funding"
] |
|
[
"David Laister",
"Image",
"Abp"
] | 2021-01-28T05:05:55 | null | 2021-01-28T04:15:00 |
Associated British Ports investment opens up 'new' gateway to the UK as Kraft Heinz looks to take advantage
|
https%3A%2F%2Fwww.business-live.co.uk%2Fports-logistics%2F50m-investment-complete-how-humber-19710894.json
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en
| null |
£50m investment complete - how Humber Container Terminal boxed clever:
| 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 £50 million investment in Humber Container Terminal is complete.
Associated British Ports has increased capacity, efficiency and sustainability at the facility, which takes in Hull and Immingham.
It is helping drive the estuary as a UK gateway destination, with new customers and sailing routes already in place.
The investment by the Humber team began in 2018, with the container terminal in Hull expanded in a £17 million venture. Sailings increased from five to 15 per week in a short space of time, adding new destinations as partners.
The £33 million upgrade and improvement programme at Immingham has future-proofed facilities, extending the footprint, maximised efficiencies and improved the service to customers.
Within a year, two new ship to shore cranes worth £11.5 million arrived, as well as six electric rubber tyre gantry cranes worth £7 million. They have reduced fuel consumption by 95 per cent.
Both sites have had major solar installations on warehouse roofing too, with Hull described as the largest of its type in the country. Electricity generated feeds quayside activity.
Congratulating staff and partner companies on the completion during the pandemic, Simon Bird, regional director for ABP Humber, said: “It has been a challenging year, but our teams have worked hard in keeping Britain trading.
(Image: ABP)
“The investment in the Humber Container Terminal is a great enabler for businesses to grow in the North and reduce their carbon emissions and therefore save money. We have already seen new customers choose to bring containers to the Humber as a result, and with more growth expected this could really help customers achieve their carbon reduction ambitions as well as save them time and money.”
Post-Brexit there are already issues with congestion at southern ports as document checks are enforced - ahead of the physical checks emerging in July when border inspection posts are opened. Available capacity on the Humber has meant that hasn't been an issue since the transition period expired on December 31.
A recent academic study has also shown that by moving cargo from southern ports to the Humber, businesses can save thousands of tonnes of CO2 every year, by enabling traders to reduce journey times by bringing cargoes closer to their final destinations, with the industrial heartland within the four hour ‘golden triangle’ of ‘last mile’ delivery.
It comes as University of Hull’s Logistics Institute works with global food giant Kraft Heinz to improve freight haulage between the Netherlands and Wigan, where it has its national distribution centre.
The Humber ports and rail connectivity are key.
The institute is a partner in the Liverpool-Humber Optimisation of Freight Transport project, and a rail trial has proved to be a success, and Kraft Heinz – behind brands such as Capri Sun, Philadelphia and HP Sauce - is now considering whether to build on the findings.
The team led by Professor Amar Ramudhin, director of Hull’s Logistics Institute, have worked with the food giant and freightliner on overnight movement. Sponsored by Innovate UK, it is now seeking to develop an intermodal rail freight solution for the haulage of products with the aim of establishing an east-west freight transport corridor in the north of the UK. The ambition is to remove 100 million miles of road freight transport annually.
|
https://www.business-live.co.uk/ports-logistics/50m-investment-complete-how-humber-19710894
|
en
| 2021-01-28T00:00:00 |
www.business-live.co.uk/94f822ac7dbdd5a3a8570816a10d5b957cbac985340953a6c063a5c5c295ecd4.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 £50 million investment in Humber Container Terminal is complete.\nAssociated British Ports has increased capacity, efficiency and sustainability at the facility, which takes in Hull and Immingham.\nIt is helping drive the estuary as a UK gateway destination, with new customers and sailing routes already in place.\nThe investment by the Humber team began in 2018, with the container terminal in Hull expanded in a £17 million venture. Sailings increased from five to 15 per week in a short space of time, adding new destinations as partners.\nThe £33 million upgrade and improvement programme at Immingham has future-proofed facilities, extending the footprint, maximised efficiencies and improved the service to customers.\nWithin a year, two new ship to shore cranes worth £11.5 million arrived, as well as six electric rubber tyre gantry cranes worth £7 million. They have reduced fuel consumption by 95 per cent.\nBoth sites have had major solar installations on warehouse roofing too, with Hull described as the largest of its type in the country. Electricity generated feeds quayside activity.\nCongratulating staff and partner companies on the completion during the pandemic, Simon Bird, regional director for ABP Humber, said: “It has been a challenging year, but our teams have worked hard in keeping Britain trading.\n(Image: ABP)\n“The investment in the Humber Container Terminal is a great enabler for businesses to grow in the North and reduce their carbon emissions and therefore save money. We have already seen new customers choose to bring containers to the Humber as a result, and with more growth expected this could really help customers achieve their carbon reduction ambitions as well as save them time and money.”\nPost-Brexit there are already issues with congestion at southern ports as document checks are enforced - ahead of the physical checks emerging in July when border inspection posts are opened. Available capacity on the Humber has meant that hasn't been an issue since the transition period expired on December 31.\nA recent academic study has also shown that by moving cargo from southern ports to the Humber, businesses can save thousands of tonnes of CO2 every year, by enabling traders to reduce journey times by bringing cargoes closer to their final destinations, with the industrial heartland within the four hour ‘golden triangle’ of ‘last mile’ delivery.\nIt comes as University of Hull’s Logistics Institute works with global food giant Kraft Heinz to improve freight haulage between the Netherlands and Wigan, where it has its national distribution centre.\nThe Humber ports and rail connectivity are key.\nThe institute is a partner in the Liverpool-Humber Optimisation of Freight Transport project, and a rail trial has proved to be a success, and Kraft Heinz – behind brands such as Capri Sun, Philadelphia and HP Sauce - is now considering whether to build on the findings.\nThe team led by Professor Amar Ramudhin, director of Hull’s Logistics Institute, have worked with the food giant and freightliner on overnight movement. Sponsored by Innovate UK, it is now seeking to develop an intermodal rail freight solution for the haulage of products with the aim of establishing an east-west freight transport corridor in the north of the UK. The ambition is to remove 100 million miles of road freight transport annually.",
"£50m investment complete - how Humber Container Terminal boxed clever:",
"Associated British Ports investment opens up 'new' gateway to the UK as Kraft Heinz looks to take advantage"
] |
|
[
"Coreena Ford",
"Image",
"Chroniclelive"
] | 2021-01-26T13:18:24 | null | 2021-01-26T12:33:45 |
Reductions in office staff comes as Japanese car maker seeks to improve efficiencies at its Sunderland plant
|
https%3A%2F%2Fwww.business-live.co.uk%2Fmanufacturing%2Fnissan-set-cut-160-jobs-19702048.json
|
en
| null |
Nissan set to cut 160 jobs as challenges continue in automotive sector
| 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
Motor manufacturer Nissan has confirmed 160 jobs are at risk at its Sunderland plant as part of a global restructure plan.
The automotive giant said the roles under consultation are all office-based – and represent around 17% of its 900 office workers. No production line employees are affected.
A consultation process has this morning been launched with the affected workers, with Nissan stressing the move is aligned with its global Nissan Next transformation plan, to turn into a leaner, more profitable organisation, and has not been motivated by the impacts of Brexit or Covid-19.
The exact nature of the office roles at risk has yet to be confirmed, but a Nissan spokeman said a “range of office support functions” are set to be cut.
In a statement, Nissan said: “We continually adapt our business to maximise efficiency in line with market conditions and we are currently in consultation with some of our office based staff.”
The announcement comes almost seven months after Nissan cut almost 250 staff at its Wearside plant due to a global fall in demand for new cars.
Contracts were not renewed for 248 temporary staff as the automotive firm struggled with issues that had been exacerbated by the Covid-19 pandemic, leading to a period of reduced volumes in its Sunderland Plant.
The job losses came soon after production restarted after halting for several weeks.
Nissan had to shut down production at its Sunderland plant at the start of the coronavirus pandemic, but was able to re-open in June with social distancing measures in place.
|
https://www.business-live.co.uk/manufacturing/nissan-set-cut-160-jobs-19702048
|
en
| 2021-01-26T00:00:00 |
www.business-live.co.uk/dd761170bf4635ce9d93e6e09c7321f52cc459666de4ed7b1e69bc81b482fde6.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\nMotor manufacturer Nissan has confirmed 160 jobs are at risk at its Sunderland plant as part of a global restructure plan.\nThe automotive giant said the roles under consultation are all office-based – and represent around 17% of its 900 office workers. No production line employees are affected.\nA consultation process has this morning been launched with the affected workers, with Nissan stressing the move is aligned with its global Nissan Next transformation plan, to turn into a leaner, more profitable organisation, and has not been motivated by the impacts of Brexit or Covid-19.\nThe exact nature of the office roles at risk has yet to be confirmed, but a Nissan spokeman said a “range of office support functions” are set to be cut.\nIn a statement, Nissan said: “We continually adapt our business to maximise efficiency in line with market conditions and we are currently in consultation with some of our office based staff.”\nThe announcement comes almost seven months after Nissan cut almost 250 staff at its Wearside plant due to a global fall in demand for new cars.\nContracts were not renewed for 248 temporary staff as the automotive firm struggled with issues that had been exacerbated by the Covid-19 pandemic, leading to a period of reduced volumes in its Sunderland Plant.\nThe job losses came soon after production restarted after halting for several weeks.\nNissan had to shut down production at its Sunderland plant at the start of the coronavirus pandemic, but was able to re-open in June with social distancing measures in place.",
"Nissan set to cut 160 jobs as challenges continue in automotive sector",
"Reductions in office staff comes as Japanese car maker seeks to improve efficiencies at its Sunderland plant"
] |
|
[
"Tamlyn Jones"
] | 2021-01-26T13:18:04 | null | 2021-01-26T11:51:14 |
Birmingham chef launched new 16-cover venue after the first lockdown ended last summer
|
https%3A%2F%2Fwww.business-live.co.uk%2Fcommercial-property%2F670-grams-founder-crowned-michelin-19701712.json
|
en
| null |
670 Grams founder crowned Michelin Young Chef of Great Britain and Ireland
| 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 Birmingham chef who launched a new restaurant as the country emerged from its first lockdown last summer has been recognised by the prestigious Michelin Guide.
Kray Treadwell only opened 670 Grams in Digbeth in August but was in business long enough to impress judges of the 2021 guide who named him Michelin Young Chef of Great Britain and Ireland.
He is the first winner of the new accolade which recognises excellence among chefs under 30.
It was unveiled during an online ceremony hosted by Michelin several months after the latest guide would normally be announced due to the covid pandemic.
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 Treadwell, who previously worked at another famous Birmingham restaurant Purnell's, was a finalist on BBC series Great British Menu and named 670 Grams after the weight of his daughter who was born four months prematurely.
It has room for only 16 covers, serves meals inspired by Europe and Asia and publishes a handwritten menu online two days in advance.
It had a three-month waiting list when it first opened last summer.
In addition to the founder's award, the restaurant has also entered the Michelin Guide 2021 with a Michelin Plate.
Mr Treadwell said: "To say I am thrilled to receive this award is an understatement. 2020 was something of a rollercoaster; from opening 670 Grams in the middle of a pandemic to welcoming my son into the world.
"To start 2021 by being recognised by the Michelin Guide in this way is a dream come true."
Birmingham's current quintet of Michelin-starred restaurants - Adams, Carters of Moseley, Opheem, Purnell's and Simpsons - all retained their single stars, as did Peel's in Hampton-in-Arden but there were no new awards in the city.
The following city venues are also included in the 2021 guide - Asha's, Chakana, Craft, Eight, Folium, Harborne Kitchen, Opus, Pulperia, The Oyster Club and The Wilderness.
|
https://www.business-live.co.uk/commercial-property/670-grams-founder-crowned-michelin-19701712
|
en
| 2021-01-26T00:00:00 |
www.business-live.co.uk/a78e60a08bd4a5a3d07306c638e6718fad7890db382dfe429daa87a5895ae34d.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 Birmingham chef who launched a new restaurant as the country emerged from its first lockdown last summer has been recognised by the prestigious Michelin Guide.\nKray Treadwell only opened 670 Grams in Digbeth in August but was in business long enough to impress judges of the 2021 guide who named him Michelin Young Chef of Great Britain and Ireland.\nHe is the first winner of the new accolade which recognises excellence among chefs under 30.\nIt was unveiled during an online ceremony hosted by Michelin several months after the latest guide would normally be announced due to the covid pandemic.\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 Treadwell, who previously worked at another famous Birmingham restaurant Purnell's, was a finalist on BBC series Great British Menu and named 670 Grams after the weight of his daughter who was born four months prematurely.\nIt has room for only 16 covers, serves meals inspired by Europe and Asia and publishes a handwritten menu online two days in advance.\nIt had a three-month waiting list when it first opened last summer.\nIn addition to the founder's award, the restaurant has also entered the Michelin Guide 2021 with a Michelin Plate.\nMr Treadwell said: \"To say I am thrilled to receive this award is an understatement. 2020 was something of a rollercoaster; from opening 670 Grams in the middle of a pandemic to welcoming my son into the world.\n\"To start 2021 by being recognised by the Michelin Guide in this way is a dream come true.\"\nBirmingham's current quintet of Michelin-starred restaurants - Adams, Carters of Moseley, Opheem, Purnell's and Simpsons - all retained their single stars, as did Peel's in Hampton-in-Arden but there were no new awards in the city.\nThe following city venues are also included in the 2021 guide - Asha's, Chakana, Craft, Eight, Folium, Harborne Kitchen, Opus, Pulperia, The Oyster Club and The Wilderness.",
"670 Grams founder crowned Michelin Young Chef of Great Britain and Ireland",
"Birmingham chef launched new 16-cover venue after the first lockdown ended last summer"
] |
|
[
"Simon Neville",
"Pa City Editor",
"David Laister",
"Image",
"Danny Lawson Pa"
] | 2021-01-07T09:15:56 | null | 2021-01-07T08:43:17 |
The supermarket said it benefited from the second English national lockdown and tiering as it remained open due as and ‘essential’ retailer.
|
https%3A%2F%2Fwww.business-live.co.uk%2Fretail-consumer%2Fsainsburys-profits-set-beat-expectations-19577495.json
|
en
| null |
Sainsbury’s profits set to beat expectations after strong Christmas
| 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
Sainsbury’s said the second English national lockdown in November and subsequent tiering in December helped sales soar, meaning profits for the year are now likely to be £50 million higher than first thought.
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.
The like-for-like measure does not include the permanent closure of 120 standalone Argos stores which were not reopened after the first national lockdown in March. On a total basis, sales during the three-month period were up 6.8 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.
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.
He said: “While people had smaller gatherings, they still treated themselves, with Taste The Difference sales up 11 per cent.
“Premium champagne sales were up 52 per cent, Taste The Difference party food was popular throughout December, and people did more home baking than usual, with mincemeat sales up 24 per cent.
“Customers still wanted New Year’s Eve at home to feel special and we sold a record number of steaks.”
Mr Roberts added: “Argos sales were up over 8 per cent, with fast-track home delivery and click and Collect beating expectations for Black Friday and Christmas.”
|
https://www.business-live.co.uk/retail-consumer/sainsburys-profits-set-beat-expectations-19577495
|
en
| 2021-01-07T00:00:00 |
www.business-live.co.uk/96f24cb82bdda48b826cdcc6dbf7b184a7dfcfa1e5aeaffc10c968f368034e65.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\nSainsbury’s said the second English national lockdown in November and subsequent tiering in December helped sales soar, meaning profits for the year are now likely to be £50 million higher than first thought.\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.\nThe like-for-like measure does not include the permanent closure of 120 standalone Argos stores which were not reopened after the first national lockdown in March. On a total basis, sales during the three-month period were up 6.8 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.\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.\nHe said: “While people had smaller gatherings, they still treated themselves, with Taste The Difference sales up 11 per cent.\n“Premium champagne sales were up 52 per cent, Taste The Difference party food was popular throughout December, and people did more home baking than usual, with mincemeat sales up 24 per cent.\n“Customers still wanted New Year’s Eve at home to feel special and we sold a record number of steaks.”\nMr Roberts added: “Argos sales were up over 8 per cent, with fast-track home delivery and click and Collect beating expectations for Black Friday and Christmas.”",
"Sainsbury’s profits set to beat expectations after strong Christmas",
"The supermarket said it benefited from the second English national lockdown and tiering as it remained open due as and ‘essential’ retailer."
] |
|
[
"Tom Pegden"
] | 2021-01-14T04:01:10 | null | 2021-01-14T03:00:00 |
Demand for bigger warehouses has grown significantly in recent years, particularly among e-commerce occupiers
|
https%3A%2F%2Fwww.business-live.co.uk%2Fcommercial-property%2Fglp-starts-work-1m-sq-19615719.json
|
en
| null |
GLP starts work on 1m sq ft of new warehousing at four central England sites
| 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
Distribution park specialist GLP has announced that work is starting on 1 million sq ft of warehousing on four sites in Bedfordshire, Northamptonshire and Milton Keynes.
The investor and developer has planning permission for seven units in what it called the biggest programme of speculative logistics real estate development currently underway in the UK.
It follows the completion of 1.25 million sq ft of speculative development at Magna Park South, Lutterworth, by GLP last month.
The business said demand for bigger warehouses had grown significantly in recent years, particularly among e-commerce occupiers in need of more storage space.
It said national warehouse take-up was 50.1 million sq ft in 2020 – the strongest year on record.
Under the investment GLP said it was developing the following units:
Three distribution units of 126,000 sq ft, 161,000 sq ft and 249,000 sq ft at G-Park Bedford Wixams
A 133,000 sq ft unit at G-Park Northampton, within the Moulton Park Estate
Two units comprising 117,000 sq ft and 140,000 sq ft at its new G-Park Milton Keynes development
An 88,000 sq ft unit, Magnitude 88, at GLP’s flagship logistics park Magna Park Milton Keynes
The developments are expected to be available for occupancy this summer, while Magnitude 88 will be available in the spring.
The sites will all benefit from sustainability features including rainwater harvesting, energy monitoring, LED lighting technology and lower carbon emissions during construction.
GLP UK managing director Bruce Topley said: “The growth of e-commerce in the UK has been accelerated by the Covid-19 pandemic given the increased importance of home deliveries.
“As a result, we have seen a surge in demand for logistics real estate in the right locations.
“Customers are also seeking to reinforce their supply chains and increasingly require higher specification buildings and cutting-edge sustainability credentials.
“In response to this, we are excited to be bringing 1 million sq ft of high-quality logistics space to the market which reaffirms our confidence in the continued strength of the UK and follows the completion of over 1.5 million sq ft of speculative development last year.
“All developments are in carefully selected locations with excellent transport links to key areas of the UK.
“Each unit will be developed with flexibility at the forefront of both the design and construction processes, enabling customers to tailor the space to individual requirements.
“We look forward to discussions with new and existing customers, working alongside them to meet their specific operational requirements and helping them grow their business.”
|
https://www.business-live.co.uk/commercial-property/glp-starts-work-1m-sq-19615719
|
en
| 2021-01-14T00:00:00 |
www.business-live.co.uk/5fb1cc67c35131d43f2f2f39206bf7c10774f3464c6d59bf8ca62fc770cc2eb9.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\nDistribution park specialist GLP has announced that work is starting on 1 million sq ft of warehousing on four sites in Bedfordshire, Northamptonshire and Milton Keynes.\nThe investor and developer has planning permission for seven units in what it called the biggest programme of speculative logistics real estate development currently underway in the UK.\nIt follows the completion of 1.25 million sq ft of speculative development at Magna Park South, Lutterworth, by GLP last month.\nThe business said demand for bigger warehouses had grown significantly in recent years, particularly among e-commerce occupiers in need of more storage space.\nIt said national warehouse take-up was 50.1 million sq ft in 2020 – the strongest year on record.\nUnder the investment GLP said it was developing the following units:\nThree distribution units of 126,000 sq ft, 161,000 sq ft and 249,000 sq ft at G-Park Bedford Wixams\nA 133,000 sq ft unit at G-Park Northampton, within the Moulton Park Estate\nTwo units comprising 117,000 sq ft and 140,000 sq ft at its new G-Park Milton Keynes development\nAn 88,000 sq ft unit, Magnitude 88, at GLP’s flagship logistics park Magna Park Milton Keynes\nThe developments are expected to be available for occupancy this summer, while Magnitude 88 will be available in the spring.\nThe sites will all benefit from sustainability features including rainwater harvesting, energy monitoring, LED lighting technology and lower carbon emissions during construction.\nGLP UK managing director Bruce Topley said: “The growth of e-commerce in the UK has been accelerated by the Covid-19 pandemic given the increased importance of home deliveries.\n“As a result, we have seen a surge in demand for logistics real estate in the right locations.\n“Customers are also seeking to reinforce their supply chains and increasingly require higher specification buildings and cutting-edge sustainability credentials.\n“In response to this, we are excited to be bringing 1 million sq ft of high-quality logistics space to the market which reaffirms our confidence in the continued strength of the UK and follows the completion of over 1.5 million sq ft of speculative development last year.\n“All developments are in carefully selected locations with excellent transport links to key areas of the UK.\n“Each unit will be developed with flexibility at the forefront of both the design and construction processes, enabling customers to tailor the space to individual requirements.\n“We look forward to discussions with new and existing customers, working alongside them to meet their specific operational requirements and helping them grow their business.”",
"GLP starts work on 1m sq ft of new warehousing at four central England sites",
"Demand for bigger warehouses has grown significantly in recent years, particularly among e-commerce occupiers"
] |
|
[
"Sion Barry"
] | 2021-01-11T16:00:09 | null | 2021-01-11T15:35:29 |
The Great House Farm project has secured further backing from Principality Building Society
|
https%3A%2F%2Fwww.business-live.co.uk%2Fcommercial-property%2Feco-homes-development-cardiff-gets-19603924.json
|
en
| null |
Eco-homes village in Cardiff gets £3.5m funding boost
| 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
An eco-village scheme in Cardiff has received further financial backing from Principality Building Society to complete its final phase.
LivEco’s Great House Farm project at St Fagans is billed as a zero carbon residential housing development, consisting of 35 homes.
The premises in the project's latest phase generate energy through solar panels and provide in-house batteries for excess energy to be stored and used later with underfloor heating provided by electric air source heat pumps.
They also offer electric car charging points and an air filtration system to recycle old air with fresh clean air.
The commercial lending arm of Principality Building Society has financially supported all three phases of the development, providing a further £3.7m for the final phase.
Prices range for £365,000 for a two bedroom storey home to £475,000 for a four bedroom property.
Chad Griffiths, senior relationship manager, Principality Commercial said: ‘’We’re incredibly proud to be supporting a sustainable living development in Wales and seeing the development from start to finish.
"As a member-owned organisation, our purpose is to support communities in Wales, and this development does just that, helping residents lead an environmentally friendly lifestyle, with zero to low energy costs.
"We’ll be announcing further ways we plan to help developers and clients to continue to build sustainable homes very soon.’’
Five of the homes in the final phase are now complete and sold, with a further eight in development, expecting to complete in stages over the rest of 2021.
Daniel Ball, director, LivEco said: “It is great to be collaborating with Principality on this ground-breaking sustainable scheme.
We’ve worked with local people during the project to build homes for local people. The result has been beautiful and bespoke eco homes, which aim to keep bills low and create a new, happy community.’’
To have your say on this story please use our comments section at the top of this article
|
https://www.business-live.co.uk/commercial-property/eco-homes-development-cardiff-gets-19603924
|
en
| 2021-01-11T00:00:00 |
www.business-live.co.uk/925ef5816297ab7f2f6af8ebc24a24311a4b5cce988da4eb66b6cbfd1b457729.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\nAn eco-village scheme in Cardiff has received further financial backing from Principality Building Society to complete its final phase.\nLivEco’s Great House Farm project at St Fagans is billed as a zero carbon residential housing development, consisting of 35 homes.\nThe premises in the project's latest phase generate energy through solar panels and provide in-house batteries for excess energy to be stored and used later with underfloor heating provided by electric air source heat pumps.\nThey also offer electric car charging points and an air filtration system to recycle old air with fresh clean air.\nThe commercial lending arm of Principality Building Society has financially supported all three phases of the development, providing a further £3.7m for the final phase.\nPrices range for £365,000 for a two bedroom storey home to £475,000 for a four bedroom property.\nChad Griffiths, senior relationship manager, Principality Commercial said: ‘’We’re incredibly proud to be supporting a sustainable living development in Wales and seeing the development from start to finish.\n\"As a member-owned organisation, our purpose is to support communities in Wales, and this development does just that, helping residents lead an environmentally friendly lifestyle, with zero to low energy costs.\n\"We’ll be announcing further ways we plan to help developers and clients to continue to build sustainable homes very soon.’’\nFive of the homes in the final phase are now complete and sold, with a further eight in development, expecting to complete in stages over the rest of 2021.\nDaniel Ball, director, LivEco said: “It is great to be collaborating with Principality on this ground-breaking sustainable scheme.\nWe’ve worked with local people during the project to build homes for local people. The result has been beautiful and bespoke eco homes, which aim to keep bills low and create a new, happy community.’’\nTo have your say on this story please use our comments section at the top of this article",
"Eco-homes village in Cardiff gets £3.5m funding boost",
"The Great House Farm project has secured further backing from Principality Building Society"
] |
|
[
"Chloe Laversuch",
"Graeme Whitfield",
"Image",
"Pa"
] | 2021-01-22T14:07:42 | null | 2021-01-22T13:21:59 |
A report to the city council has warned that unemployment has risen during the pandemic
|
https%3A%2F%2Fwww.business-live.co.uk%2Feconomic-development%2Fjobs-warning-york-not-set-19680837.json
|
en
| null |
Jobs warning as York not set to recover employment levels until 2022
| 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
Employment levels in York will not return to pre-pandemic levels until 2022, research suggests.
More than 5,000 residents were unemployed in August 2020, according to a report for City of York Council.
Residents will be asked what new skills they want to learn, how secure they feel their job is and what they feel about their career prospects as part of a plan to boost employment after the pandemic.
"Forecast modelling undertaken by Oxford Economics predict that the hit to York's gross value added [the contribution made to the economy] will not be regained for three years, with local employment returning to pre-pandemic levels in 2022," a report for a meeting about the city's economy says.
It adds: "We have a strong knowledge economy which has grown, with more than 14,000 high skilled jobs created in York since 2008.
"We also have the highest level of skills of any northern city. With significant new developments coming forward in the city, York Central, Hudson Quarter and the Guildhall, we can expect further growth in well-paid jobs."
It adds that the proportion of self-employed people has grown, but the cost of living in York is "challenging".
|
https://www.business-live.co.uk/economic-development/jobs-warning-york-not-set-19680837
|
en
| 2021-01-22T00:00:00 |
www.business-live.co.uk/b23cb83539bc0b332933d5f4daddd5fededefa1d0e4c16b6c74258fb6f12f498.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\nEmployment levels in York will not return to pre-pandemic levels until 2022, research suggests.\nMore than 5,000 residents were unemployed in August 2020, according to a report for City of York Council.\nResidents will be asked what new skills they want to learn, how secure they feel their job is and what they feel about their career prospects as part of a plan to boost employment after the pandemic.\n\"Forecast modelling undertaken by Oxford Economics predict that the hit to York's gross value added [the contribution made to the economy] will not be regained for three years, with local employment returning to pre-pandemic levels in 2022,\" a report for a meeting about the city's economy says.\nIt adds: \"We have a strong knowledge economy which has grown, with more than 14,000 high skilled jobs created in York since 2008.\n\"We also have the highest level of skills of any northern city. With significant new developments coming forward in the city, York Central, Hudson Quarter and the Guildhall, we can expect further growth in well-paid jobs.\"\nIt adds that the proportion of self-employed people has grown, but the cost of living in York is \"challenging\".",
"Jobs warning as York not set to recover employment levels until 2022",
"A report to the city council has warned that unemployment has risen during the pandemic"
] |
|
[
"Sion Barry",
"Image",
"Rightacres"
] | 2021-01-19T11:16:03 | null | 2021-01-19T10:50:13 |
Its Limited Price Inflation Fund will acquire the investment in the office element of the £140m Interchange scheme
|
https%3A%2F%2Fwww.business-live.co.uk%2Fcommercial-property%2Flg-fund-new-ownership-deal-19653854.json
|
en
| null |
L&G fund in new ownership deal for 120,000 sq ft Cardiff office scheme
| 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 new ownership deal for 120,000 sq ft of under construction office space in the centre of Cardiff has been agreed.
Legal & General, on behalf of its long-term asset holding Limited Price Inflation (LPI) Fund, has exchanged contracts which will see it acquiring the grade A office element of the Interchange development at the Central Square scheme in the centre of the city.
The ownership will take effect when the £140m Interchange scheme is completed in late 2022.
It is currently an asset which is being forward funded by L&G’s capital fund. The scheme is being delivered by property development firm Rightacres, which is behind the wider Central Square scheme.
The deal doesn’t include the new bus station on the ground floor of the Interchange and its related retail space, which will be owned by the Welsh Government and operated by Transport for Wales. Also outside the deal is the scheme’s 300-plus build-to-rent apartments for L&G’s Build to Rent Fund.
The eight storey office phase of the Interchange will see L&G itself being the occupier by bringing its current workforce of around 1,800 in the city (currently at Knox Court and Brunel House) under one roof.
The value of the NPI Fund deal has not been disclosed, but is understood to be in the region of £65m. Property advisory Knight Frank acted for the NPI Fund on the deal.
The Interchange is one of three latest deals across the UK which has seen the LPI Fund expand its investment portfolio to £1.8bn
.
As well as the Interchange it is funding a 90,000 sq ft office building in Peterborough for 1,000 staff from the Department of Environment, Food and Rural Affairs and HM Passport Office.
It has also committed to funding a 30,000 sq ft veterinary college at Keele University, plus an additional 26,000 sq ft of space to be sub-let by the university.
Derek Gilby, senior fund manager at LGIM Real Assets, said: “Amidst the Covid-19 crisis, secure, long-term income streams, underwritten by strong covenants, have remained robust. Against this backdrop, and aligned with LPI’s investment strategy, we have committed to a string of deals, enhancing our portfolio and positioning the fund for a strong start to the year. We expect to see further growth to our £1.8bn investment portfolio in the coming months.
|
https://www.business-live.co.uk/commercial-property/lg-fund-new-ownership-deal-19653854
|
en
| 2021-01-19T00:00:00 |
www.business-live.co.uk/946b0ae033ad8a84e784accc140ff2022307d8d152c79801cd526c6bf5786a37.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 new ownership deal for 120,000 sq ft of under construction office space in the centre of Cardiff has been agreed.\nLegal & General, on behalf of its long-term asset holding Limited Price Inflation (LPI) Fund, has exchanged contracts which will see it acquiring the grade A office element of the Interchange development at the Central Square scheme in the centre of the city.\nThe ownership will take effect when the £140m Interchange scheme is completed in late 2022.\nIt is currently an asset which is being forward funded by L&G’s capital fund. The scheme is being delivered by property development firm Rightacres, which is behind the wider Central Square scheme.\nThe deal doesn’t include the new bus station on the ground floor of the Interchange and its related retail space, which will be owned by the Welsh Government and operated by Transport for Wales. Also outside the deal is the scheme’s 300-plus build-to-rent apartments for L&G’s Build to Rent Fund.\nThe eight storey office phase of the Interchange will see L&G itself being the occupier by bringing its current workforce of around 1,800 in the city (currently at Knox Court and Brunel House) under one roof.\nThe value of the NPI Fund deal has not been disclosed, but is understood to be in the region of £65m. Property advisory Knight Frank acted for the NPI Fund on the deal.\nThe Interchange is one of three latest deals across the UK which has seen the LPI Fund expand its investment portfolio to £1.8bn\n.\nAs well as the Interchange it is funding a 90,000 sq ft office building in Peterborough for 1,000 staff from the Department of Environment, Food and Rural Affairs and HM Passport Office.\nIt has also committed to funding a 30,000 sq ft veterinary college at Keele University, plus an additional 26,000 sq ft of space to be sub-let by the university.\nDerek Gilby, senior fund manager at LGIM Real Assets, said: “Amidst the Covid-19 crisis, secure, long-term income streams, underwritten by strong covenants, have remained robust. Against this backdrop, and aligned with LPI’s investment strategy, we have committed to a string of deals, enhancing our portfolio and positioning the fund for a strong start to the year. We expect to see further growth to our £1.8bn investment portfolio in the coming months.",
"L&G fund in new ownership deal for 120,000 sq ft Cardiff office scheme",
"Its Limited Price Inflation Fund will acquire the investment in the office element of the £140m Interchange scheme"
] |
|
[
"Tom Pegden"
] | 2021-01-20T04:11:03 | null | 2021-01-20T03:00:00 |
Customers will want to be reassured that all food and drink meets strict standards before confidence starts building
|
https%3A%2F%2Fwww.business-live.co.uk%2Fretail-consumer%2Ffood-safety-expert-warns-hotels-19639867.json
|
en
| null |
Food safety expert warns hotels to be ready for tougher demands from guests as lockdowns lift
| 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
An expert in food safety says hotels must get ready to adapt to tougher demands from guests when lockdowns are lifted.
Kirstie Jones, an environmental health expert at Navitas Safety in Leicestershire, believes consumer safety expectations will have risen significantly the hotel sector starts to reopen.
The Anstey technology company helps food and hospitality businesses meet their health and safety requirements. It provides handheld devices to outlets across the UK, which monitor appliances and check food temperatures and send the data on to be processed in the cloud.
Ms Jones said with overnight stays cut, many hotels had been turning their attention to other revenue streams – Including adapting their food and drinks services. Even that, she said, posed new problems.
She said customers will want to be reassured that all food and drink sales meet stricter food, health and safety regulations before confidence starts building again.
She said: “When life returns to a level of normality, gone will be the days of self-serving buffets as customers will visit hotels and restaurants as a treat, or for a special occasion, and will therefore expect an experience and a level of high-quality service.
“Not only that, but self-service buffets are also high risk in terms of transmitting viruses, such as Covid-19. Minimising contact is key to preventing spread, so removing help yourself style offerings in favour of table service is a far safer option, and much easier to manage stricter cleaning regiments.
“Experiential restaurants and more luxurious in-room catering services will soon be fully embedded within hotel premises, becoming a much better representation of their complete offering and providing hotels with an additional revenue stream.
“We predict that hotels will not only be seen as a place to stay, as their food and beverage offering will be as much of a draw.
“Customers will choose to stay at hotels because of the restaurant facilities they have on site or even visit the hotel just to go to the restaurant itself. It will be a truly exciting time for the hospitality industry.”
“When businesses were able to open and serve food earlier in 2020, they adapted to the need of technology in the form of online menu’s, in-app ordering and the use of QR codes.
“Not only has this made the experience a much safer and hygienic one, but it has also streamlined the working process for staff and the business by improving efficiency and eliminating the risk of human error. It also means that the food being served, and its allergen listings are more trackable.
“Customers are becoming more aware of food ratings and their attitudes are changing when it comes to living in a post-Covid world, they first and foremost expect greater transparency and safer systems.”
She said Navitas offered a free downloadable Hotel Inspection checklist to help the hospitality sector operate safely and meet tougher health and safety measures.
|
https://www.business-live.co.uk/retail-consumer/food-safety-expert-warns-hotels-19639867
|
en
| 2021-01-20T00:00:00 |
www.business-live.co.uk/5db17a58b3111ce91ef9e7c8065cd13455a8b7584deb8eee558209776c9d2a60.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\nAn expert in food safety says hotels must get ready to adapt to tougher demands from guests when lockdowns are lifted.\nKirstie Jones, an environmental health expert at Navitas Safety in Leicestershire, believes consumer safety expectations will have risen significantly the hotel sector starts to reopen.\nThe Anstey technology company helps food and hospitality businesses meet their health and safety requirements. It provides handheld devices to outlets across the UK, which monitor appliances and check food temperatures and send the data on to be processed in the cloud.\nMs Jones said with overnight stays cut, many hotels had been turning their attention to other revenue streams – Including adapting their food and drinks services. Even that, she said, posed new problems.\nShe said customers will want to be reassured that all food and drink sales meet stricter food, health and safety regulations before confidence starts building again.\nShe said: “When life returns to a level of normality, gone will be the days of self-serving buffets as customers will visit hotels and restaurants as a treat, or for a special occasion, and will therefore expect an experience and a level of high-quality service.\n“Not only that, but self-service buffets are also high risk in terms of transmitting viruses, such as Covid-19. Minimising contact is key to preventing spread, so removing help yourself style offerings in favour of table service is a far safer option, and much easier to manage stricter cleaning regiments.\n“Experiential restaurants and more luxurious in-room catering services will soon be fully embedded within hotel premises, becoming a much better representation of their complete offering and providing hotels with an additional revenue stream.\n“We predict that hotels will not only be seen as a place to stay, as their food and beverage offering will be as much of a draw.\n“Customers will choose to stay at hotels because of the restaurant facilities they have on site or even visit the hotel just to go to the restaurant itself. It will be a truly exciting time for the hospitality industry.”\n“When businesses were able to open and serve food earlier in 2020, they adapted to the need of technology in the form of online menu’s, in-app ordering and the use of QR codes.\n“Not only has this made the experience a much safer and hygienic one, but it has also streamlined the working process for staff and the business by improving efficiency and eliminating the risk of human error. It also means that the food being served, and its allergen listings are more trackable.\n“Customers are becoming more aware of food ratings and their attitudes are changing when it comes to living in a post-Covid world, they first and foremost expect greater transparency and safer systems.”\nShe said Navitas offered a free downloadable Hotel Inspection checklist to help the hospitality sector operate safely and meet tougher health and safety measures.",
"Food safety expert warns hotels to be ready for tougher demands from guests as lockdowns lift",
"Customers will want to be reassured that all food and drink meets strict standards before confidence starts building"
] |
|
[
"William Telford",
"Image",
"Pa Wire Pa Images"
] | 2021-01-20T09:40:31 | null | 2021-01-20T09:15:10 |
Defra set up scheme so companies can claim up to £100k if they have suffered 'genuine loss'
|
https%3A%2F%2Fwww.business-live.co.uk%2Fenterprise%2Fgovernment-compensate-fish-exporters-hit-19661217.json
|
en
| null |
Government to compensate fish exporters hit by Brexit red tape delays
| 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
Seafood exporters hit by Brexit red tape and delays will be able to claim up to £100,000 in compensation, the Government has said.
The Department for the Environment, Food and Rural Affairs (Defra) confirmed that it was putting in place a £23million compensation package for firms exporting fish and shellfish, including many in the South West, to the EU who can show they have suffered “genuine loss”.
Prime Minister Boris Johnson originally disclosed the Government’s intentions after seafood hauliers, again including some South West firms, arrived in Westminster on Monday, January 18, to protest at the terms of the Brexit trade deal which has left them struggling to access EU markets.
The introduction of new checks and paperwork since the end of the Brexit transition period on December 31 has caused huge disruption to exports of fresh fish and seafood to the EU, with producers becoming increasing frustrated at the lack of Government action.
(Image: PA Wire/PA Images)
Defra said the scheme would be targeted at small and medium operators with payments made retrospectively to cover losses incurred since January 1.
The Government will consult with the industry across the UK on the eligibility criteria – as well as working with the devolved administrations – with details to be announced in the “coming days”.
Environment Secretary George Eustice said: “This £23 million scheme will provide crucial support for fishermen and seafood exporters, who have experienced delays and a lack of demand for fish from the restaurant industry in the UK and Europe.
“We are continuing to work closely with the fishing and aquaculture sectors to make sure that they are supported, and can continue to fish whilst contributing to the economies of our coastal communities.”
The Chief Secretary to the Treasury, Steve Barclay said: “This further £23million package of support will help our hardworking fishing sector navigate the challenges of the next few months.”
“It is vital that no community nor region within our United Kingdom is left behind as we continue to support British jobs and build back better from the coronavirus pandemic.”
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 addition to funding, the UK Government will provide further support to businesses in adapting to new export processes. Defra and HMRC will be offering targeted, proactive and hands on support to fisheries exporters to help them successfully meet the new requirements. This includes a new training package and focused workshop sessions.
Seafood exports to the EU require specific procedures, customs declarations, Catch Certificates and Export Health Certificates (EHCs) and businesses have adapted to these requirements at speed. As seafood is a perishable product with a ‘just in time’ supply chain, it is important that the sector can export quickly.
The UK Government said it has been working with the seafood industry and individual businesses to support them through this period and to ensure any errors or problems are tackled as early as possible. The situation has been improving over the past week and the flow of goods is improving, ministers said.
Separately, Prime Minister Boris Johnson also committed to providing a £100million fund to help modernise fishing fleets, the fish processing industry, and rejuvenate a historic and proud industry in the UK, on top of the £32million that will replace EU funding this year.
The fishing industry has already been hit by the reduction in demand from the hospitality sector in the UK and other export markets as a result of the Coronavirus pandemic with market prices falling by as much as 40%.
|
https://www.business-live.co.uk/enterprise/government-compensate-fish-exporters-hit-19661217
|
en
| 2021-01-20T00:00:00 |
www.business-live.co.uk/39ab9c2869b474e6c3bf988a5ef7b4ec1008876b210bb9c47032895999841738.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\nSeafood exporters hit by Brexit red tape and delays will be able to claim up to £100,000 in compensation, the Government has said.\nThe Department for the Environment, Food and Rural Affairs (Defra) confirmed that it was putting in place a £23million compensation package for firms exporting fish and shellfish, including many in the South West, to the EU who can show they have suffered “genuine loss”.\nPrime Minister Boris Johnson originally disclosed the Government’s intentions after seafood hauliers, again including some South West firms, arrived in Westminster on Monday, January 18, to protest at the terms of the Brexit trade deal which has left them struggling to access EU markets.\nThe introduction of new checks and paperwork since the end of the Brexit transition period on December 31 has caused huge disruption to exports of fresh fish and seafood to the EU, with producers becoming increasing frustrated at the lack of Government action.\n(Image: PA Wire/PA Images)\nDefra said the scheme would be targeted at small and medium operators with payments made retrospectively to cover losses incurred since January 1.\nThe Government will consult with the industry across the UK on the eligibility criteria – as well as working with the devolved administrations – with details to be announced in the “coming days”.\nEnvironment Secretary George Eustice said: “This £23 million scheme will provide crucial support for fishermen and seafood exporters, who have experienced delays and a lack of demand for fish from the restaurant industry in the UK and Europe.\n“We are continuing to work closely with the fishing and aquaculture sectors to make sure that they are supported, and can continue to fish whilst contributing to the economies of our coastal communities.”\nThe Chief Secretary to the Treasury, Steve Barclay said: “This further £23million package of support will help our hardworking fishing sector navigate the challenges of the next few months.”\n“It is vital that no community nor region within our United Kingdom is left behind as we continue to support British jobs and build back better from the coronavirus pandemic.”\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 addition to funding, the UK Government will provide further support to businesses in adapting to new export processes. Defra and HMRC will be offering targeted, proactive and hands on support to fisheries exporters to help them successfully meet the new requirements. This includes a new training package and focused workshop sessions.\nSeafood exports to the EU require specific procedures, customs declarations, Catch Certificates and Export Health Certificates (EHCs) and businesses have adapted to these requirements at speed. As seafood is a perishable product with a ‘just in time’ supply chain, it is important that the sector can export quickly.\nThe UK Government said it has been working with the seafood industry and individual businesses to support them through this period and to ensure any errors or problems are tackled as early as possible. The situation has been improving over the past week and the flow of goods is improving, ministers said.\nSeparately, Prime Minister Boris Johnson also committed to providing a £100million fund to help modernise fishing fleets, the fish processing industry, and rejuvenate a historic and proud industry in the UK, on top of the £32million that will replace EU funding this year.\nThe fishing industry has already been hit by the reduction in demand from the hospitality sector in the UK and other export markets as a result of the Coronavirus pandemic with market prices falling by as much as 40%.",
"Government to compensate fish exporters hit by Brexit red tape delays",
"Defra set up scheme so companies can claim up to £100k if they have suffered 'genuine loss'"
] |
|
[
"Laura Watson"
] | 2021-01-15T06:00:58 | null | 2021-01-15T05:00:00 |
The acquisition forms part of the Solihull-based company's expansion plans
|
https%3A%2F%2Fwww.business-live.co.uk%2Fenterprise%2Fwest-midlands-day-care-operator-19625536.json
|
en
| null |
West Midlands day care operator snaps up Staffs nursery
| 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 children's nursery has been sold to an expanding West Midlands day care operator.
Teddys Garden Day Nursery, in Cheddleton, Staffordshire, has been acquired by Solihull-based Daycare (UK) Ltd for an undisclosed sum.
The 'outstanding' nursery was developed in 2004 by Andrew and Justine Cope.
It has been sold following the pair's decision to relocate to spend more time with their family and concentrate on other projects.
Now Teddys Garden Day Nursery, which offers provision for 60 children up to the age of five, has been bought by Daycare (UK) Ltd which also owns Dot Tots Nursery in Wolverhampton.
The acquisition forms part of the company's wider expansion plans. The deal will also see the couple behind the business move into accommodation close to the nursery.
Company director Daniel Skitt said: "Our first setting, Dots Tots, was acquired 14 years ago and, since that point, both myself and my wife have been heavily involved in many positive changes for the building and the business.
"Teddys' beautiful Victorian building and history was key to our decision to purchase and is in-keeping with our ongoing commitment to only acquire and operate settings we'd be happy to send our own children to. Its grounds and local notoriety for exceptional childcare also spoke volumes.
"We have chosen to move our family into the on-site accommodation and will continued to provide 'outstanding' childcare for our families present and future."
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.
Specialist business property adviser Christie and Co advised on the sale.
Jassi Sunner, associate director at Christie & Co, said: "Teddys Garden is a hidden gem in a rural part of North Staffordshire, offering a vital early years service. Justine and Andrew have grown the business effectively over the years and earned a strong reputation. It was a pleasure to work with them and really understand their business and what they were looking to achieve from the sale.
"Once we introduced Daniel to the transaction, a sale was agreed very quickly. With the pandemic hitting last year, we all worked together to complete this sale just before the end of 2020 and to provide Daniel with a strong platform to grow the business in the new year. We sincerely wish all parties the best of luck."
|
https://www.business-live.co.uk/enterprise/west-midlands-day-care-operator-19625536
|
en
| 2021-01-15T00:00:00 |
www.business-live.co.uk/10c22201fa248d49c41fa034d22fb59b8c5c62aadc2e010cf6ec1f7a9f0d3d07.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 children's nursery has been sold to an expanding West Midlands day care operator.\nTeddys Garden Day Nursery, in Cheddleton, Staffordshire, has been acquired by Solihull-based Daycare (UK) Ltd for an undisclosed sum.\nThe 'outstanding' nursery was developed in 2004 by Andrew and Justine Cope.\nIt has been sold following the pair's decision to relocate to spend more time with their family and concentrate on other projects.\nNow Teddys Garden Day Nursery, which offers provision for 60 children up to the age of five, has been bought by Daycare (UK) Ltd which also owns Dot Tots Nursery in Wolverhampton.\nThe acquisition forms part of the company's wider expansion plans. The deal will also see the couple behind the business move into accommodation close to the nursery.\nCompany director Daniel Skitt said: \"Our first setting, Dots Tots, was acquired 14 years ago and, since that point, both myself and my wife have been heavily involved in many positive changes for the building and the business.\n\"Teddys' beautiful Victorian building and history was key to our decision to purchase and is in-keeping with our ongoing commitment to only acquire and operate settings we'd be happy to send our own children to. Its grounds and local notoriety for exceptional childcare also spoke volumes.\n\"We have chosen to move our family into the on-site accommodation and will continued to provide 'outstanding' childcare for our families present and future.\"\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.\nSpecialist business property adviser Christie and Co advised on the sale.\nJassi Sunner, associate director at Christie & Co, said: \"Teddys Garden is a hidden gem in a rural part of North Staffordshire, offering a vital early years service. Justine and Andrew have grown the business effectively over the years and earned a strong reputation. It was a pleasure to work with them and really understand their business and what they were looking to achieve from the sale.\n\"Once we introduced Daniel to the transaction, a sale was agreed very quickly. With the pandemic hitting last year, we all worked together to complete this sale just before the end of 2020 and to provide Daniel with a strong platform to grow the business in the new year. We sincerely wish all parties the best of luck.\"",
"West Midlands day care operator snaps up Staffs nursery",
"The acquisition forms part of the Solihull-based company's expansion plans"
] |
|
[
"Sion Barry",
"Image",
"Owens Associates"
] | 2021-01-14T17:45:20 | null | 2021-01-14T16:50:22 |
Cardiff Community Housing Association has secured £37m in low interest bearing funding
|
https%3A%2F%2Fwww.business-live.co.uk%2Fenterprise%2Fhousing-association-secures-multi-million-19627521.json
|
en
| null |
Housing association secures multi-million-pound funding to build new affordable homes in Cardiff
| 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 Community Housing Association (CCHA) has secured £37m in funding to deliver much needed new affordable homes.
The loan was secured at a record low all-in rate of 1.932% with bLEND plc, with law firm Clarke Willmott, through its Cardiff office, advising CCHA on loan documentation and property security.
Brian Pickett, corporate director, central services, CCHA said: “We are delighted with the rate achieved on this transaction. Our access into the bLEND and its associated market leading rates allows us to refinance some of our current facilities and fund new affordable homes.
"The housing crisis in Cardiff grows more acute and our ability to develop new affordable homes means we can provide vital places for families to call a long-term home.”
Partner with Clarke Willmott Fraser MacRae, who negotiated the banking and loan documentation, said: “We are really happy to start 2021 having supported Cardiff Community Housing Association in this transaction. Both the loan documentation and property security work were turned around very quickly, showcasing our multi-disciplined team’s dedication and efficiency.”
Vicky Kells, partner and joint head of the social housing sector at Clarke Willmott, said: “By working closely with CCHA we identified a security portfolio to meet the required timescale for bLEND’s successful bond tap.
"This demonstrates our commitment to building strong working relationships with our clients and adding value through our sector experience and know-how.
“This deal comes hot on the heels of several other transactions we are proud to be a part of in Wales. For example, we recently advised Cadwyn Housing Association on securing a £41m, 35-year, private placement a£21m revolving credit facility.
"We also helped RHA secure a £30m private placement and £5m revolving credit facility in a debt restructure, advising on the property security elements and bank financing."
|
https://www.business-live.co.uk/enterprise/housing-association-secures-multi-million-19627521
|
en
| 2021-01-14T00:00:00 |
www.business-live.co.uk/3a93800f90f7d69e71cabae60e60357af7d6c64786a39ed7d4f6c8dcfed9cb19.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 Community Housing Association (CCHA) has secured £37m in funding to deliver much needed new affordable homes.\nThe loan was secured at a record low all-in rate of 1.932% with bLEND plc, with law firm Clarke Willmott, through its Cardiff office, advising CCHA on loan documentation and property security.\nBrian Pickett, corporate director, central services, CCHA said: “We are delighted with the rate achieved on this transaction. Our access into the bLEND and its associated market leading rates allows us to refinance some of our current facilities and fund new affordable homes.\n\"The housing crisis in Cardiff grows more acute and our ability to develop new affordable homes means we can provide vital places for families to call a long-term home.”\nPartner with Clarke Willmott Fraser MacRae, who negotiated the banking and loan documentation, said: “We are really happy to start 2021 having supported Cardiff Community Housing Association in this transaction. Both the loan documentation and property security work were turned around very quickly, showcasing our multi-disciplined team’s dedication and efficiency.”\nVicky Kells, partner and joint head of the social housing sector at Clarke Willmott, said: “By working closely with CCHA we identified a security portfolio to meet the required timescale for bLEND’s successful bond tap.\n\"This demonstrates our commitment to building strong working relationships with our clients and adding value through our sector experience and know-how.\n“This deal comes hot on the heels of several other transactions we are proud to be a part of in Wales. For example, we recently advised Cadwyn Housing Association on securing a £41m, 35-year, private placement a£21m revolving credit facility.\n\"We also helped RHA secure a £30m private placement and £5m revolving credit facility in a debt restructure, advising on the property security elements and bank financing.\"",
"Housing association secures multi-million-pound funding to build new affordable homes in Cardiff",
"Cardiff Community Housing Association has secured £37m in low interest bearing funding"
] |
|
[
"Chris Pyke"
] | 2021-01-05T22:13:03 | null | 2021-01-05T20:49:10 |
The Thermal Compaction Group has sold a prototype that is expected to help the US Navy reduce the waste produced by its fleet by up to 75%
|
https%3A%2F%2Fwww.business-live.co.uk%2Fmanufacturing%2Fwelsh-tech-firm-signs-deal-19570006.json
|
en
| null |
Welsh tech firm signs deal with US Navy to reduce its waste and environmental impact
| 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
A Cardiff-based technology company is working with the US Navy to reduce its waste and environmental impact.
The Thermal Compaction Group (TCG) is expecting to see significant growth following the sale of its “Massmelt” prototype.
TCG sold the prototype, which is expected to help the US Navy reduce the waste produced by its fleet by up to 75%, in a six-figure deal. The firm is now in negotiations to license the design for manufacture in the US, in what they believe is a potentially multi-million-dollar deal.
As a result, TCG, in Curran Road, is now aiming to increase its workforce by 200% over the next two years to meet the increasing demand for its technology.
The company was founded in 2014 and specialises in sustainable waste recycling systems that seek to provide cost-effective solutions to common waste management problems. Its team consists of researchers and engineers with a shared commitment to building a greener future through innovative, patent-protected technology.
The company has developed a range of products that contribute to the circular economy by reducing waste volume and allowing it to be re-used or recycled.
TCG’s products are particularly focused on processing single-use plastics, in a bid to reduce the amount ending up in landfill or at sea.
The firm’s Massmelt system uses compaction and heat to reduce the volume of compactable waste by around 75%, and moisture content by up to 25%. The system uses plastics within the waste to form a thermally binding crust or skin on the outside, allowing the output to maintain a cylindrical shape at the end of the thermal compaction process.
These output ‘logs’ can be cut to any length and re-used in a variety of applications, including fence posts or flood defences. As well as preventing waste from ending up in landfill, Massmelt contributes to a reduced carbon footprint by minimising the transportation required to dispose of waste.
Commenting on the US Navy deal, managing director of TCG Philip Davison-Sebry said: “The US Navy operates thousands of aircraft, over 280 battle force ships and submarines, 140 auxiliary ships, and approximately 200 installations to support those assets worldwide. It recognises its responsibility to serve as a good steward of the environment as part of its mission, and we are delighted to be working with the US Navy to help reduce the volume of waste it produces across its vast fleet.
“At the moment, the prototype is being trialled at a Navy Research Laboratory in Maryland, with a view to manufacture the system in the US under licence should all go well. At this stage, all the indications are positive, and we are in ongoing discussions about next steps.
“Our business was born out of a passion for using intelligent engineering to solve one of the biggest issues facing the planet today – how to reduce the impact of waste, and re-use it where possible. It’s a source of great pride to our small team that our technology is being used to help such a major military force reduce its environmental impact.”
The firm has been assisted by the Business Wales Accelerated Growth Programme (AGP) which provides targeted support for ambitious growing firms.
The programme is part-funded by the European Regional Development Fund through the Welsh Government.
Since signing up to the AGP programme in 2019, the company has received mentoring and specialist advice on market analysis, funding opportunities and establishing key client contacts.
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.
This support has proved “very helpful” according to Mr Davison-Sebry: “As a small company, it’s been invaluable to have the support of our relationship manager, Howard Jones, and several experienced business coaches as we have navigated our way from the R&D phase to a period of high growth.
“We are very grateful for the service we have received from the Business Wales Accelerated Growth Programme and would recommend it to any business looking to scale up and grow.”
Richard Morris, of the Excelerator Consortium, which delivers the Business Wales Accelerated Growth Programme, said: “It’s fantastic to see TCG’s innovative waste reduction technology being trialled by the US Navy.
“There are clearly many benefits with this solution and we wish them well with this venture.
“TCG is an excellent example of an innovative Welsh business leading the way in the effort to reduce the impact of waste across the globe.”
|
https://www.business-live.co.uk/manufacturing/welsh-tech-firm-signs-deal-19570006
|
en
| 2021-01-05T00:00:00 |
www.business-live.co.uk/7f258555a11d791ddcb93d5db4344cf491735043c2470c0d2327e9a8d16485e1.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\nA Cardiff-based technology company is working with the US Navy to reduce its waste and environmental impact.\nThe Thermal Compaction Group (TCG) is expecting to see significant growth following the sale of its “Massmelt” prototype.\nTCG sold the prototype, which is expected to help the US Navy reduce the waste produced by its fleet by up to 75%, in a six-figure deal. The firm is now in negotiations to license the design for manufacture in the US, in what they believe is a potentially multi-million-dollar deal.\nAs a result, TCG, in Curran Road, is now aiming to increase its workforce by 200% over the next two years to meet the increasing demand for its technology.\nThe company was founded in 2014 and specialises in sustainable waste recycling systems that seek to provide cost-effective solutions to common waste management problems. Its team consists of researchers and engineers with a shared commitment to building a greener future through innovative, patent-protected technology.\nThe company has developed a range of products that contribute to the circular economy by reducing waste volume and allowing it to be re-used or recycled.\nTCG’s products are particularly focused on processing single-use plastics, in a bid to reduce the amount ending up in landfill or at sea.\nThe firm’s Massmelt system uses compaction and heat to reduce the volume of compactable waste by around 75%, and moisture content by up to 25%. The system uses plastics within the waste to form a thermally binding crust or skin on the outside, allowing the output to maintain a cylindrical shape at the end of the thermal compaction process.\nThese output ‘logs’ can be cut to any length and re-used in a variety of applications, including fence posts or flood defences. As well as preventing waste from ending up in landfill, Massmelt contributes to a reduced carbon footprint by minimising the transportation required to dispose of waste.\nCommenting on the US Navy deal, managing director of TCG Philip Davison-Sebry said: “The US Navy operates thousands of aircraft, over 280 battle force ships and submarines, 140 auxiliary ships, and approximately 200 installations to support those assets worldwide. It recognises its responsibility to serve as a good steward of the environment as part of its mission, and we are delighted to be working with the US Navy to help reduce the volume of waste it produces across its vast fleet.\n“At the moment, the prototype is being trialled at a Navy Research Laboratory in Maryland, with a view to manufacture the system in the US under licence should all go well. At this stage, all the indications are positive, and we are in ongoing discussions about next steps.\n“Our business was born out of a passion for using intelligent engineering to solve one of the biggest issues facing the planet today – how to reduce the impact of waste, and re-use it where possible. It’s a source of great pride to our small team that our technology is being used to help such a major military force reduce its environmental impact.”\nThe firm has been assisted by the Business Wales Accelerated Growth Programme (AGP) which provides targeted support for ambitious growing firms.\nThe programme is part-funded by the European Regional Development Fund through the Welsh Government.\nSince signing up to the AGP programme in 2019, the company has received mentoring and specialist advice on market analysis, funding opportunities and establishing key client contacts.\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.\nThis support has proved “very helpful” according to Mr Davison-Sebry: “As a small company, it’s been invaluable to have the support of our relationship manager, Howard Jones, and several experienced business coaches as we have navigated our way from the R&D phase to a period of high growth.\n“We are very grateful for the service we have received from the Business Wales Accelerated Growth Programme and would recommend it to any business looking to scale up and grow.”\nRichard Morris, of the Excelerator Consortium, which delivers the Business Wales Accelerated Growth Programme, said: “It’s fantastic to see TCG’s innovative waste reduction technology being trialled by the US Navy.\n“There are clearly many benefits with this solution and we wish them well with this venture.\n“TCG is an excellent example of an innovative Welsh business leading the way in the effort to reduce the impact of waste across the globe.”",
"Welsh tech firm signs deal with US Navy to reduce its waste and environmental impact",
"The Thermal Compaction Group has sold a prototype that is expected to help the US Navy reduce the waste produced by its fleet by up to 75%"
] |
|
[
"Tom Pegden"
] | 2021-01-11T03:21:23 | null | 2021-01-11T03:00:00 |
It stocks the latest footwear and clothes from brands such as Adidas, Fred Perry, Admiral, New Balance and Y-3
|
https%3A%2F%2Fwww.business-live.co.uk%2Fretail-consumer%2Fjd-sports-buys-independent-leicester-19593537.json
|
en
| null |
JD Sports buys independent Leicester designer sportswear store Wellgosh
| 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
JD Sports has bought an independent designer sportswear store in Leicester.
The national retailer has acquired Wellgosh for an undisclosed sum, according to the trade press.
The shop – which has a store in the city’s pedestrianised High Street and an online operation – has been temporarily closed as a result of the new lockdown.
It stocks the latest footwear and clothes from brands such as Adidas, Fred Perry, Admiral, New Balance and Y-3.
According to Companies House, JD Sports Fashion Plc took a significant controlling interest in the autumn, and Wellgosh moved its registered office address to the JD Sports HQ in Bury, Lancashire.
The news comes after JD Sports bought US trainer retailer Shoe Palace for $325 million (£243.8 million), last month.
It was part of the retailer’s expansion into the US and it said the deal “complements” the Finish Line shoe-store chain it bought in 2018. JD said that purchase would help to grow its footprint across the US west coast and increase its appeal among Hispanic and Latino shoppers, who form a significant proportion of Shoe Palace’s sales.
That deal saw JD Sports Fashion Plc’s holding company in the US, Genesis Holdings Inc, acquire 100 per cent of both the issued shares in the Shoe Palace Corporation and the members’ interests in Nice Kicks LLC, which is operated by four brothers from the Mersho family.
Based in San Jose, California, Shoe Palace was established in 1993 by the Mersho family and currently has 167 stores, the vast majority of which trade under the Shoe Palace banner.
More than half of the stores are located in California, although there is also an established retail presence in Texas, Nevada, Arizona, Florida, Colorado, New Mexico and Hawaii, with the store network supported by a developing ecommerce platform.
Last autumn Wellgosh teamed up with sportswear giant Admiral to release an exclusive range which celebrates Leicester’s heritage.
The collaboration pays homage to Admiral’s illustrious past and the city where it all began.
Admiral was founded in 1903 in Wigston, just outside Leicester, by Christopher Cook and Harold Hurst, who, along with a small group of local employees, manned eight machines to create high quality woollen underwear.
Since then, the brand has gone on to gain international recognition and established itself as one of the big players in sportswear, producing premium products.
The new Admiral Sporting Goods Co. – or ASGco. – range pays homage to the brand’s Leicester roots with product names including the ‘Wigston’ sweatshirt, the ‘Aylestone’ t-shirt and the ‘Beaumont’ training shirt.
|
https://www.business-live.co.uk/retail-consumer/jd-sports-buys-independent-leicester-19593537
|
en
| 2021-01-11T00:00:00 |
www.business-live.co.uk/7d8cbcbc70608efc0bd167dad3f42ebec60cdd6a61a6d5ccbf9f9c95dfb02ee9.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\nJD Sports has bought an independent designer sportswear store in Leicester.\nThe national retailer has acquired Wellgosh for an undisclosed sum, according to the trade press.\nThe shop – which has a store in the city’s pedestrianised High Street and an online operation – has been temporarily closed as a result of the new lockdown.\nIt stocks the latest footwear and clothes from brands such as Adidas, Fred Perry, Admiral, New Balance and Y-3.\nAccording to Companies House, JD Sports Fashion Plc took a significant controlling interest in the autumn, and Wellgosh moved its registered office address to the JD Sports HQ in Bury, Lancashire.\nThe news comes after JD Sports bought US trainer retailer Shoe Palace for $325 million (£243.8 million), last month.\nIt was part of the retailer’s expansion into the US and it said the deal “complements” the Finish Line shoe-store chain it bought in 2018. JD said that purchase would help to grow its footprint across the US west coast and increase its appeal among Hispanic and Latino shoppers, who form a significant proportion of Shoe Palace’s sales.\nThat deal saw JD Sports Fashion Plc’s holding company in the US, Genesis Holdings Inc, acquire 100 per cent of both the issued shares in the Shoe Palace Corporation and the members’ interests in Nice Kicks LLC, which is operated by four brothers from the Mersho family.\nBased in San Jose, California, Shoe Palace was established in 1993 by the Mersho family and currently has 167 stores, the vast majority of which trade under the Shoe Palace banner.\nMore than half of the stores are located in California, although there is also an established retail presence in Texas, Nevada, Arizona, Florida, Colorado, New Mexico and Hawaii, with the store network supported by a developing ecommerce platform.\nLast autumn Wellgosh teamed up with sportswear giant Admiral to release an exclusive range which celebrates Leicester’s heritage.\nThe collaboration pays homage to Admiral’s illustrious past and the city where it all began.\nAdmiral was founded in 1903 in Wigston, just outside Leicester, by Christopher Cook and Harold Hurst, who, along with a small group of local employees, manned eight machines to create high quality woollen underwear.\nSince then, the brand has gone on to gain international recognition and established itself as one of the big players in sportswear, producing premium products.\nThe new Admiral Sporting Goods Co. – or ASGco. – range pays homage to the brand’s Leicester roots with product names including the ‘Wigston’ sweatshirt, the ‘Aylestone’ t-shirt and the ‘Beaumont’ training shirt.",
"JD Sports buys independent Leicester designer sportswear store Wellgosh",
"It stocks the latest footwear and clothes from brands such as Adidas, Fred Perry, Admiral, New Balance and Y-3"
] |
|
[
"Tom Houghton"
] | 2021-01-22T12:38:29 | null | 2021-01-22T11:28:07 |
The development is around ‘70%’ complete and in a ‘dangerous’ condition
|
https%3A%2F%2Fwww.business-live.co.uk%2Feconomic-development%2Flegacie-agrees-rescue-deal-stalled-19678630.json
|
en
| null |
Legacie agrees rescue deal for stalled ‘high-end’ Baltic Triangle apartment scheme after it falls into receivership
| 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 scheme delivering almost 150 “high-end” waterfront apartments has gone into receivership after work stalled last year - but a deal aimed at reviving it has been agreed.
Developer Assetcorp had been building the second phase of Parliament Residence - set to deliver 145 one and two-bed apartments in the middle of Liverpool’s Baltic Triangle.
Work began in 2018, with millions of pounds pumped into the scheme by investors based all over the world - as far afield as China, the Middle East and USA.
But late last year, the investment vehicle behind the company, AC Parl Street 2 Ltd, was put into receivership, according to Companies House documents - with real estate and consultancy firm David Currie officially appointed as a receiver in December.
The development, for which units were sold off-plan, is said to be around “70%” complete and in a “dangerous” condition.
This week, a spokesman for prominent city firm Legacie Developments confirmed it had put in a bid to “rescue” the project.
He told BusinessLive : “It is currently in a dangerous condition from the damage that has been caused once the site stalled and requires significant investment, and the support of Legaice's expert team, to bring it to standard.
“Our vision is to create a quality residential development on this site so that Liverpool is not left with another stalled scheme.”
Legacie is currently delivering the nearby £90m Parliament Square development, and last month announced it had bought the former Primesite 450-apartment ‘The Rise’ project on Low Hill, which had collapsed into administration.
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 spokesman added: “Legacie has a track record of delivery in Liverpool and so we hope to revive this project to make it something the city can be proud of."
The deal for the second phase of Parliament Residence was agreed in December, and is hoped to complete by the end of this month.
The proposals secured planning permission in 2017, and Abodus Construction, a daughter company of Assetcorp, was the firm building the scheme.
Attempts were made to contact London-based Assetcorp. Mr Currie declined to comment.
The neighbouring first phase of Parliament Residence completed back in 2018, and consists of 44 apartments.
|
https://www.business-live.co.uk/economic-development/legacie-agrees-rescue-deal-stalled-19678630
|
en
| 2021-01-22T00:00:00 |
www.business-live.co.uk/7f5d3f0f129e5b2a36344bac1ca9896a5d0441669a14b6d2fca4eb34a4d3890a.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 scheme delivering almost 150 “high-end” waterfront apartments has gone into receivership after work stalled last year - but a deal aimed at reviving it has been agreed.\nDeveloper Assetcorp had been building the second phase of Parliament Residence - set to deliver 145 one and two-bed apartments in the middle of Liverpool’s Baltic Triangle.\nWork began in 2018, with millions of pounds pumped into the scheme by investors based all over the world - as far afield as China, the Middle East and USA.\nBut late last year, the investment vehicle behind the company, AC Parl Street 2 Ltd, was put into receivership, according to Companies House documents - with real estate and consultancy firm David Currie officially appointed as a receiver in December.\nThe development, for which units were sold off-plan, is said to be around “70%” complete and in a “dangerous” condition.\nThis week, a spokesman for prominent city firm Legacie Developments confirmed it had put in a bid to “rescue” the project.\nHe told BusinessLive : “It is currently in a dangerous condition from the damage that has been caused once the site stalled and requires significant investment, and the support of Legaice's expert team, to bring it to standard.\n“Our vision is to create a quality residential development on this site so that Liverpool is not left with another stalled scheme.”\nLegacie is currently delivering the nearby £90m Parliament Square development, and last month announced it had bought the former Primesite 450-apartment ‘The Rise’ project on Low Hill, which had collapsed into administration.\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 spokesman added: “Legacie has a track record of delivery in Liverpool and so we hope to revive this project to make it something the city can be proud of.\"\nThe deal for the second phase of Parliament Residence was agreed in December, and is hoped to complete by the end of this month.\nThe proposals secured planning permission in 2017, and Abodus Construction, a daughter company of Assetcorp, was the firm building the scheme.\nAttempts were made to contact London-based Assetcorp. Mr Currie declined to comment.\nThe neighbouring first phase of Parliament Residence completed back in 2018, and consists of 44 apartments.",
"Legacie agrees rescue deal for stalled ‘high-end’ Baltic Triangle apartment scheme after it falls into receivership",
"The development is around ‘70%’ complete and in a ‘dangerous’ condition"
] |
|
[
"Tom Houghton"
] | 2021-01-08T09:42:04 | null | 2021-01-08T09:12:10 |
The firm has increased its profit forecast by over £10m as momentum accelerates 'across all channels'
|
https%3A%2F%2Fwww.business-live.co.uk%2Fretail-consumer%2Fpets-home-profits-at-least-19585155.json
|
en
| null |
Pets at Home profits will be 'at least £77m' after bumper Christmas sales
| 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
Pets at Home has announced 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.
The statement added: "While renewed Covid-related restrictions on a national level may constrain trade, we remain an 'essential' retailer and the measures we continue to take across our stores, veterinary practices and online operations are ensuring we remain in a strong position to meet all of our customers' pet care needs."
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 half-year results released in November, the group anticipated full year underlying pre-tax profit would be £93.5m including business rates relief.
The firm pledged to repay the business rates relief figure of £28.9m - which would have taken the total to around £64.6m.
Friday's trading update increases that figure by over £10m.
Pets at Home's "robust balance sheet and liquidity position" was strengthened further at the end of the year when it agreed the sale of its five specialist referral practices to Solihull-based Linnaeus Group for £100m.
The firm said it would provide further detail on its Q3 trading and customer metrics during the final quarter.
|
https://www.business-live.co.uk/retail-consumer/pets-home-profits-at-least-19585155
|
en
| 2021-01-08T00:00:00 |
www.business-live.co.uk/999a80eccd98d729ede89e1dade29ec342ed8d3039751f5acbf2e3c3535fb7cd.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\nPets at Home has announced 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.\nThe statement added: \"While renewed Covid-related restrictions on a national level may constrain trade, we remain an 'essential' retailer and the measures we continue to take across our stores, veterinary practices and online operations are ensuring we remain in a strong position to meet all of our customers' pet care needs.\"\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 half-year results released in November, the group anticipated full year underlying pre-tax profit would be £93.5m including business rates relief.\nThe firm pledged to repay the business rates relief figure of £28.9m - which would have taken the total to around £64.6m.\nFriday's trading update increases that figure by over £10m.\nPets at Home's \"robust balance sheet and liquidity position\" was strengthened further at the end of the year when it agreed the sale of its five specialist referral practices to Solihull-based Linnaeus Group for £100m.\nThe firm said it would provide further detail on its Q3 trading and customer metrics during the final quarter.",
"Pets at Home profits will be 'at least £77m' after bumper Christmas sales",
"The firm has increased its profit forecast by over £10m as momentum accelerates 'across all channels'"
] |
|
[
"Coreena Ford",
"Image",
"Bpn Architects"
] | 2021-01-19T09:39:09 | null | 2021-01-19T09:21:29 |
The Sheffield firm said it ended the year way ahead of revised forecasts, despite the challenges of the global pandemic
|
https%3A%2F%2Fwww.business-live.co.uk%2Fcommercial-property%2Fhenry-boot-hails-robust-performance-19652837.json
|
en
| null |
Henry Boot hails robust performance boosted by house building 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
Developer Henry Boot Plc has hailed a resilient performance despite the challenges of the pandemic, boosted by its construction and house building businesses.
The Sheffield firm has issued a trading update for 2019, in which it said ended the year “materially ahead” of the board’s revised expectations for 2020, thanks to land disposals and work within its development, construction and house building divisions, in its target industrial and residential markets.
It said the group’s financial position remains strong, with net cash of around £27m - the same figure it posted in 2019 – and that the significant cash it generated paved the way for reinvestment into its three long-term key markets of industrial and logistics, residential and urban development.
The firm said: “Despite the ongoing challenges of a global pandemic, the group saw a steady increase in activity as the year progressed resulting in an outcome ahead of revised expectations.
“Since the beginning of 2021, the Government has confirmed that construction and housebuilding activities should continue during the latest Covid-19 lockdown, allowing Henry Boot to carry on, in line with Covid-secure guidelines, delivering a high-quality service to its customers and the communities in which it operates.”
It said Henry Boot Construction’s productivity increased on sites to 95% of planned activity, with growing existing public sector work leading to a strong orderbook for 2021.
Projects included The Glassworks scheme in Barnsley, which remains on time and budget, and a £40m contract has been signed to deliver a residential scheme called Kangaroo Works in the centre of Sheffield.
Henry Boot Developments (HBD) completed developments worth £62m and the group is committed to projects with a total value of £313m, with HBD’s share amounting to £85m, the bulk of which comes from the build-to-rent Kampus scheme in Manchester.
It added that its Hallam Land Management business saw housebuilder demand for land continue in 2020 and in the second half of the year it also benefitted from the disposal of a joint venture site in the Midlands, which has long-term potential for residential and commercial development.
Meanwhile, Banner Plant, its plant hire business, saw activity levels increase to 93%, while its Road Link (A69) firm – which has a 30-year contract with Highways England to operate and maintain the A69 trunk road between Carlisle and Newcastle – saw traffic level disruptions due to the pandemic but performed broadly in line with management expectations.
During the year its land bank also grew to 16,607 acres, up on 2019’s 14,898 acres.
Tim Roberts, chief executive officer said: “Henry Boot has adjusted well to the unprecedented challenges that have faced everyone in 2020, but with a continued strong financial position, and engaged teams, we have managed the business to focus successfully on our key long term markets which are today, as relevant as ever.
“Whilst the latest lockdown shows that significant uncertainties remain, with strong forward sales and a growing store of opportunities, we start the year in good shape.”
Shares jumped by 4.4% in early trading to 270.6p.
|
https://www.business-live.co.uk/commercial-property/henry-boot-hails-robust-performance-19652837
|
en
| 2021-01-19T00:00:00 |
www.business-live.co.uk/b1d9c29bbf0193a567504a285223d6600e7ac12eb11df4ee96da61de288485d5.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\nDeveloper Henry Boot Plc has hailed a resilient performance despite the challenges of the pandemic, boosted by its construction and house building businesses.\nThe Sheffield firm has issued a trading update for 2019, in which it said ended the year “materially ahead” of the board’s revised expectations for 2020, thanks to land disposals and work within its development, construction and house building divisions, in its target industrial and residential markets.\nIt said the group’s financial position remains strong, with net cash of around £27m - the same figure it posted in 2019 – and that the significant cash it generated paved the way for reinvestment into its three long-term key markets of industrial and logistics, residential and urban development.\nThe firm said: “Despite the ongoing challenges of a global pandemic, the group saw a steady increase in activity as the year progressed resulting in an outcome ahead of revised expectations.\n“Since the beginning of 2021, the Government has confirmed that construction and housebuilding activities should continue during the latest Covid-19 lockdown, allowing Henry Boot to carry on, in line with Covid-secure guidelines, delivering a high-quality service to its customers and the communities in which it operates.”\nIt said Henry Boot Construction’s productivity increased on sites to 95% of planned activity, with growing existing public sector work leading to a strong orderbook for 2021.\nProjects included The Glassworks scheme in Barnsley, which remains on time and budget, and a £40m contract has been signed to deliver a residential scheme called Kangaroo Works in the centre of Sheffield.\nHenry Boot Developments (HBD) completed developments worth £62m and the group is committed to projects with a total value of £313m, with HBD’s share amounting to £85m, the bulk of which comes from the build-to-rent Kampus scheme in Manchester.\nIt added that its Hallam Land Management business saw housebuilder demand for land continue in 2020 and in the second half of the year it also benefitted from the disposal of a joint venture site in the Midlands, which has long-term potential for residential and commercial development.\nMeanwhile, Banner Plant, its plant hire business, saw activity levels increase to 93%, while its Road Link (A69) firm – which has a 30-year contract with Highways England to operate and maintain the A69 trunk road between Carlisle and Newcastle – saw traffic level disruptions due to the pandemic but performed broadly in line with management expectations.\nDuring the year its land bank also grew to 16,607 acres, up on 2019’s 14,898 acres.\nTim Roberts, chief executive officer said: “Henry Boot has adjusted well to the unprecedented challenges that have faced everyone in 2020, but with a continued strong financial position, and engaged teams, we have managed the business to focus successfully on our key long term markets which are today, as relevant as ever.\n“Whilst the latest lockdown shows that significant uncertainties remain, with strong forward sales and a growing store of opportunities, we start the year in good shape.”\nShares jumped by 4.4% in early trading to 270.6p.",
"Henry Boot hails robust performance boosted by house building business",
"The Sheffield firm said it ended the year way ahead of revised forecasts, despite the challenges of the global pandemic"
] |
|
[
"Sion Barry"
] | 2021-01-05T11:22:42 | null | 2021-01-05T09:59:58 |
It will be for the Welsh Government to decide how to invest it
|
https%3A%2F%2Fwww.business-live.co.uk%2Feconomic-development%2Fwales-receive-227m-following-lockdown-19564191.json
|
en
| null |
Wales to receive £227m following lockdown support measures in England announced by Rishi Sunak
| 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 Welsh Government will receive a further £227m following new lockdown support measures for firms in England announced by Chancellor Rishi Sunak.
Wales entered lockdown just before Christmas, with the whole of England moving into a similar regime from tomorrow.
As a result Mr Sunak has announced a series of support measures to help firms in England, including one-off top up grants for retail, hospitality and leisure firms worth up to £9,000 per property to help businesses through to the spring.
As business support is devolved, the Welsh Government will receive £227m through a Barnett Formula consequential.
The Scottish Government will receive £375m and the Northern Ireland Executive will receive £127m.
It will be for the Welsh Government to decide how to invest the money.
Mr Sunak said the latest package of support, UK-wide, was worth more than £4bn.
On funding outside of England he said it was on top of the increased funding which has already been guaranteed by the UK Government, to continue to provide the devolved administrations the certainty they need to plan for their Covid-19 response in the months ahead.
Mr Sunak said small businesses in the devolved administrations should also be able to benefit from other UK-wide measures including the various business lending schemes and the extension of the Self Employment Income Support Scheme.
On funding in England he said: "The new strain of the virus presents us all with a huge challenge - and whilst the vaccine is being rolled out, we have needed to tighten restrictions further.
"Throughout the pandemic we’ve taken swift action to protect lives and livelihoods and today we’re announcing a further cash injection to support businesses and jobs until the Spring.
"This will help businesses to get through the months ahead – and crucially it will help sustain jobs, so workers can be ready to return when they are able to reopen."
Russell George MS, the Shadow Minister for Economy, Business and Infrastructure, said it is vital that the money is allocated quickly and where needed by the Welsh Government.
He added: "Further lockdowns are of course not the new year anyone wanted, but it’s imperative that all measures are taken to prevent the spread of the virus – especially this new variant – but the devastating effect of these lockdowns on our economies must be softened by measures like the ones Rishi Sunak has introduced over nearly 10 months.
“That’s why we welcome this additional £227m, but we also make very clear that it’s up to the Welsh Labour-led Government to make sure this money from HM Treasury is made available and accessible to businesses with immediate effect.
“Many businesses are now on their knees, and the usual delays by the Labour government, as we saw before Christmas, in making funds available will just drive businesses and businesspeople further into the ground.”
Since the start of the pandemic, the UK Government has supported Wales with an extra £5.42bn to fight Covid-19.
|
https://www.business-live.co.uk/economic-development/wales-receive-227m-following-lockdown-19564191
|
en
| 2021-01-05T00:00:00 |
www.business-live.co.uk/aede621d073e55538b21538aff317cdbaa34caa407b0351ee91872495d91852a.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 Welsh Government will receive a further £227m following new lockdown support measures for firms in England announced by Chancellor Rishi Sunak.\nWales entered lockdown just before Christmas, with the whole of England moving into a similar regime from tomorrow.\nAs a result Mr Sunak has announced a series of support measures to help firms in England, including one-off top up grants for retail, hospitality and leisure firms worth up to £9,000 per property to help businesses through to the spring.\nAs business support is devolved, the Welsh Government will receive £227m through a Barnett Formula consequential.\nThe Scottish Government will receive £375m and the Northern Ireland Executive will receive £127m.\nIt will be for the Welsh Government to decide how to invest the money.\nMr Sunak said the latest package of support, UK-wide, was worth more than £4bn.\nOn funding outside of England he said it was on top of the increased funding which has already been guaranteed by the UK Government, to continue to provide the devolved administrations the certainty they need to plan for their Covid-19 response in the months ahead.\nMr Sunak said small businesses in the devolved administrations should also be able to benefit from other UK-wide measures including the various business lending schemes and the extension of the Self Employment Income Support Scheme.\nOn funding in England he said: \"The new strain of the virus presents us all with a huge challenge - and whilst the vaccine is being rolled out, we have needed to tighten restrictions further.\n\"Throughout the pandemic we’ve taken swift action to protect lives and livelihoods and today we’re announcing a further cash injection to support businesses and jobs until the Spring.\n\"This will help businesses to get through the months ahead – and crucially it will help sustain jobs, so workers can be ready to return when they are able to reopen.\"\nRussell George MS, the Shadow Minister for Economy, Business and Infrastructure, said it is vital that the money is allocated quickly and where needed by the Welsh Government.\nHe added: \"Further lockdowns are of course not the new year anyone wanted, but it’s imperative that all measures are taken to prevent the spread of the virus – especially this new variant – but the devastating effect of these lockdowns on our economies must be softened by measures like the ones Rishi Sunak has introduced over nearly 10 months.\n“That’s why we welcome this additional £227m, but we also make very clear that it’s up to the Welsh Labour-led Government to make sure this money from HM Treasury is made available and accessible to businesses with immediate effect.\n“Many businesses are now on their knees, and the usual delays by the Labour government, as we saw before Christmas, in making funds available will just drive businesses and businesspeople further into the ground.”\nSince the start of the pandemic, the UK Government has supported Wales with an extra £5.42bn to fight Covid-19.",
"Wales to receive £227m following lockdown support measures in England announced by Rishi Sunak",
"It will be for the Welsh Government to decide how to invest it"
] |
|
[
"Coreena Ford",
"Image",
"Pa"
] | 2021-01-22T09:34:42 | null | 2021-01-22T08:24:20 |
Boohoo, Mike Ashley's Frasers Group, and JD Sports are said to be mulling offers as well as online retailer Shein
|
https%3A%2F%2Fwww.business-live.co.uk%2Fretail-consumer%2Fnext-withdraws-race-snap-up-19677795.json
|
en
| null |
Next withdraws from race to snap up Arcadia retail empire
| 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
Next has withdrawn from negotiations to buy collapsed retail empire Arcadia, it has emerged.
The firm was said to be a frontrunner to take on Sir Philip Green's group, which tumbled into administration in December, casting doubt on the future of its 13,000 employees,
However, the high street stalwart, which was bidding for the group in partnership with US hedge fund Davidson Kempner, said this morning it was "unable to meet the price expectations of the vendor".
It is understood that final bids for the troubled Topshop owner set by administrator Deloitte were due on Monday, although there could be some flexibility.
Retailers including Boohoo, Frasers Group, and JD Sports in partnership with US retail giant Authentic Brands, have also been considering acquiring some or all of Arcadia's stores.
Deloitte is expected to receive bids worth more than £200m, and Chinese online retailer Shein has tabled an offer for Topshop and Topman worth over £300m, according to Sky News.
Last month, administrators agreed the sale of Arcadia's plus-sized brand Evans to Australian firm City Chic Collective in a £23m deal.
Leicestershire-based Next – which is led by Conservative peer Lord (Simon) Wolfson – last year struck licensing deals with Victoria’s Secret and Laura Ashley after they collapsed into administration.
It has been one of the retail success stories of the last 12 months, having posted better than expected Christmas revenues.
|
https://www.business-live.co.uk/retail-consumer/next-withdraws-race-snap-up-19677795
|
en
| 2021-01-22T00:00:00 |
www.business-live.co.uk/66b15ab7fc660a0cf49c30539d672325b0c63f46e71433de852651d3713e3c0a.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\nNext has withdrawn from negotiations to buy collapsed retail empire Arcadia, it has emerged.\nThe firm was said to be a frontrunner to take on Sir Philip Green's group, which tumbled into administration in December, casting doubt on the future of its 13,000 employees,\nHowever, the high street stalwart, which was bidding for the group in partnership with US hedge fund Davidson Kempner, said this morning it was \"unable to meet the price expectations of the vendor\".\nIt is understood that final bids for the troubled Topshop owner set by administrator Deloitte were due on Monday, although there could be some flexibility.\nRetailers including Boohoo, Frasers Group, and JD Sports in partnership with US retail giant Authentic Brands, have also been considering acquiring some or all of Arcadia's stores.\nDeloitte is expected to receive bids worth more than £200m, and Chinese online retailer Shein has tabled an offer for Topshop and Topman worth over £300m, according to Sky News.\nLast month, administrators agreed the sale of Arcadia's plus-sized brand Evans to Australian firm City Chic Collective in a £23m deal.\nLeicestershire-based Next – which is led by Conservative peer Lord (Simon) Wolfson – last year struck licensing deals with Victoria’s Secret and Laura Ashley after they collapsed into administration.\nIt has been one of the retail success stories of the last 12 months, having posted better than expected Christmas revenues.",
"Next withdraws from race to snap up Arcadia retail empire",
"Boohoo, Mike Ashley's Frasers Group, and JD Sports are said to be mulling offers as well as online retailer Shein"
] |
|
[
"Tom Pegden"
] | 2021-01-15T03:20:58 | null | 2021-01-15T03:01:00 |
“We believe that there is no better time to be involved in both agritech and medtech"
|
https%3A%2F%2Fwww.business-live.co.uk%2Ftechnology%2Fipo-planned-company-makes-technology-19627028.json
|
en
| null |
IPO planned by company which makes technology to improve indoor crop yields
| 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 company which makes technology to improve indoor crop yields has received a £1 million investment ahead of a planned IPO.
Light Science Technologies has gained the funding from Intuitive Investments Group plc (IIG), ahead of going public on the London Stock Exchange in the next six months.
The business, based on the Hilton Business Park, Derby, provides lighting and plant growing and monitoring technology for agriculture in partnership with university research teams.
Its agricultural tech can be used in three main indoor settings – vertical farming (where crops such as tomatoes are grown in vertically stacked layers), greenhouses and medicinal plants.
Its patent-pending, sustainable light unit combines interchangeable LEDs, power and technology to help reduce costs and generate maximum yields over 25 years.
Its real-time monitoring and control technology can also be used to link technicians, farmers, and facility managers with their crops to provide instant production data.
Management said that with better light quality and energy savings, its light, science and technology products increase cycles.
It also supplies technology to clients in the electronics, audio, automotive, AI technology and pest control sectors.
The move to become a publicly listed company follows significant investment in its team and operations over the past few years which, the business said, has “brought to market a fully updateable, bespoke and intelligent lighting solution that provides optimal yield”.
The company is also due to launch its own in-house growth and laboratory service in the spring, focusing on plant growth and performance to help farmers with their crops.
Chief executive Simon Deacon said: “We believe that there is no better time to be involved in both agritech and medtech as two rapidly expanding sectors which are going to be responsible for spearheading some of the most significant global developments over the coming decade and beyond.
“IIG’s investment is not just a reflection of its commitment to LSTH as a fast-growing business backed by almost 30 years’ expertise in light technology but also of its awareness of the importance in achieving a better, more sustainable approach to agricultural production as well as pioneering potential life-saving solutions in digital health innovation.”
Light Science Technologies is IIG’s first investment following its own successful IPO and admission to AIM in December, as it seeks to attract investors with its life sciences portfolio.
IIG chairman David Evans said: “LSTH has the key ingredients for success; it has an excellent management team, a deep knowledge of the light spectrum and the application of that knowledge to areas where substantial growth can be obtained.
“I am personally excited about the potential diagnostic applications in the digital health sector, such as non-invasive haemoglobin measurement, as well as the developments in vertical farming technology that will underpin the long-term growth of LSTH.”
The investment follows recent funding for Light Science Technologies from Innovate UK which will see it work over the next six months with Nottingham Trent University to develop a growing sensor and transmission node for vertical farms.
|
https://www.business-live.co.uk/technology/ipo-planned-company-makes-technology-19627028
|
en
| 2021-01-15T00:00:00 |
www.business-live.co.uk/90aa1cbb8eeeceff55ef20ad5fa53731fe4848d8979970497eef04ccb10b680a.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 company which makes technology to improve indoor crop yields has received a £1 million investment ahead of a planned IPO.\nLight Science Technologies has gained the funding from Intuitive Investments Group plc (IIG), ahead of going public on the London Stock Exchange in the next six months.\nThe business, based on the Hilton Business Park, Derby, provides lighting and plant growing and monitoring technology for agriculture in partnership with university research teams.\nIts agricultural tech can be used in three main indoor settings – vertical farming (where crops such as tomatoes are grown in vertically stacked layers), greenhouses and medicinal plants.\nIts patent-pending, sustainable light unit combines interchangeable LEDs, power and technology to help reduce costs and generate maximum yields over 25 years.\nIts real-time monitoring and control technology can also be used to link technicians, farmers, and facility managers with their crops to provide instant production data.\nManagement said that with better light quality and energy savings, its light, science and technology products increase cycles.\nIt also supplies technology to clients in the electronics, audio, automotive, AI technology and pest control sectors.\nThe move to become a publicly listed company follows significant investment in its team and operations over the past few years which, the business said, has “brought to market a fully updateable, bespoke and intelligent lighting solution that provides optimal yield”.\nThe company is also due to launch its own in-house growth and laboratory service in the spring, focusing on plant growth and performance to help farmers with their crops.\nChief executive Simon Deacon said: “We believe that there is no better time to be involved in both agritech and medtech as two rapidly expanding sectors which are going to be responsible for spearheading some of the most significant global developments over the coming decade and beyond.\n“IIG’s investment is not just a reflection of its commitment to LSTH as a fast-growing business backed by almost 30 years’ expertise in light technology but also of its awareness of the importance in achieving a better, more sustainable approach to agricultural production as well as pioneering potential life-saving solutions in digital health innovation.”\nLight Science Technologies is IIG’s first investment following its own successful IPO and admission to AIM in December, as it seeks to attract investors with its life sciences portfolio.\nIIG chairman David Evans said: “LSTH has the key ingredients for success; it has an excellent management team, a deep knowledge of the light spectrum and the application of that knowledge to areas where substantial growth can be obtained.\n“I am personally excited about the potential diagnostic applications in the digital health sector, such as non-invasive haemoglobin measurement, as well as the developments in vertical farming technology that will underpin the long-term growth of LSTH.”\nThe investment follows recent funding for Light Science Technologies from Innovate UK which will see it work over the next six months with Nottingham Trent University to develop a growing sensor and transmission node for vertical farms.",
"IPO planned by company which makes technology to improve indoor crop yields",
"“We believe that there is no better time to be involved in both agritech and medtech\""
] |
|
[
"Chris Pyke"
] | 2021-01-22T15:43:55 | null | 2021-01-22T14:35:26 |
The Kymin overlooks Penarth Pier and the council are hoping new tenants write the next chapter in the building’s colourful history
|
https%3A%2F%2Fwww.business-live.co.uk%2Fcommercial-property%2Flandmark-building-south-wales-town-19681692.json
|
en
| null |
Landmark building in south Wales town is looking for a new tenant
| 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 landmark building in the south Wales town of Penarth has been put out for tender.
The Vale of Glamorgan Council has begun the marketing process for The Kymin, which is being advertised as a long-term lease opportunity.
Interested parties are invited to set out their proposals for the future use of this popular building and some of the grounds by way of a formal tender bid.
The Kymin overlooks the iconic Penarth Pier and Bristol Channel. The house and its gardens had previously been let to Penarth Town Council before returning to the Vale of Glamorgan Council’s control in April 2020.
The building has previously been used as offices, a venue for weddings, and other events. The Council is hoping to receive “exciting proposals that fully reflect the building’s local historical importance”. The council wants to retain part of the gardens for public use.
Once the marketing process has been concluded, the Council will identify a preferred bidder and any new uses proposed will be subject to the usual consultation and planning processes.
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.
Cllr Neil Moore, Leader of the Vale of Glamorgan Council, said: “The Kymin is one of Penarth’s most well well-known buildings set in a superb location. Making it available for lease represents a fantastic and exciting opportunity to reinvigorate the venue for the benefit of the local and wider community.
“This is a chance to write the next chapter in the Kymin’s colourful history.
“I am also very pleased that our plans will continue to provide public access to much of the grounds as I know this is a valued local amenity in the area.”
|
https://www.business-live.co.uk/commercial-property/landmark-building-south-wales-town-19681692
|
en
| 2021-01-22T00:00:00 |
www.business-live.co.uk/4ed7127f1c33b8d49d40349146b0719b7eea0c13405fa9f197ea38d19f17cf3d.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 landmark building in the south Wales town of Penarth has been put out for tender.\nThe Vale of Glamorgan Council has begun the marketing process for The Kymin, which is being advertised as a long-term lease opportunity.\nInterested parties are invited to set out their proposals for the future use of this popular building and some of the grounds by way of a formal tender bid.\nThe Kymin overlooks the iconic Penarth Pier and Bristol Channel. The house and its gardens had previously been let to Penarth Town Council before returning to the Vale of Glamorgan Council’s control in April 2020.\nThe building has previously been used as offices, a venue for weddings, and other events. The Council is hoping to receive “exciting proposals that fully reflect the building’s local historical importance”. The council wants to retain part of the gardens for public use.\nOnce the marketing process has been concluded, the Council will identify a preferred bidder and any new uses proposed will be subject to the usual consultation and planning processes.\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.\nCllr Neil Moore, Leader of the Vale of Glamorgan Council, said: “The Kymin is one of Penarth’s most well well-known buildings set in a superb location. Making it available for lease represents a fantastic and exciting opportunity to reinvigorate the venue for the benefit of the local and wider community.\n“This is a chance to write the next chapter in the Kymin’s colourful history.\n“I am also very pleased that our plans will continue to provide public access to much of the grounds as I know this is a valued local amenity in the area.”",
"Landmark building in south Wales town is looking for a new tenant",
"The Kymin overlooks Penarth Pier and the council are hoping new tenants write the next chapter in the building’s colourful history"
] |
|
[
"Hannah Baker",
"Image",
"Newcastle Chronicle"
] | 2021-01-11T11:35:17 | null | 1960-05-13T00:00:00 |
Students are also being given a four-week extension of their tenancy agreement at the end of the third academic term
|
https%3A%2F%2Fwww.business-live.co.uk%2Fcommercial-property%2Funite-announces-rent-cut-students-19600462.json
|
en
| null |
Unite announces rent cut for students amid third national lockdown in England
| null | null |
www.business-live.co.uk
|
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The UK’s largest student accommodation provider has announced it is cutting rent amid the third national lockdown in England.
The organisation, which is headquartered in Bristol but manages properties across the country, said eligible students would be able to apply for a discount of 50 per cent of their rent for a total of four weeks, which would be credited in March.
Students are also being given a four-week extension of their tenancy agreement at the end of the third academic term to extend their stay into the summer, Unite said.
Unlike the first lockdown, all Unite Student properties across the country are currently open.
Students need to be up to date with their rent payment as of January 31, 2021, to be eligible, Unite said, and not be in residence in a Unite Students property between January 18 and February 14 this year. The organisation said it would email all students and guarantors to invite them to apply.
Richard Smith, chief executive of Unite Students, said the organisation felt it was the "right thing to do".
“We recognise that this is again a particularly challenging time for all students which is why their health, safety and security has been our priority since the start of the Covid-19 pandemic," he said.
“Working through this decision has had its challenges as there are a range of varying circumstances to consider in different parts of the country and across different universities."
Mr Smith said some students studying specific subjects had already returned to university and more would be returning for face-to-face tuition during January in line with Government guidelines.
“Against the backdrop of the Government Covid-19 guidelines we are working closely with our university partners. We will continue to support students and maintain our focus to keep all students and staff safe across our properties during the pandemic," he added.
Unite has advised any student who is struggling to keep up to date with rent payments to contact their university’s student finance team for further support.
Should students be returning to university during the lockdown? Share your thoughts in our comments section below
|
https://www.business-live.co.uk/commercial-property/unite-announces-rent-cut-students-19600462
|
en
| 1960-05-13T00:00:00 |
www.business-live.co.uk/d7afcc53d1f2b7a1e8555e363d71def8b37c0bf26ca23fa5937643b6b1ff2bc2.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\nThe UK’s largest student accommodation provider has announced it is cutting rent amid the third national lockdown in England.\nThe organisation, which is headquartered in Bristol but manages properties across the country, said eligible students would be able to apply for a discount of 50 per cent of their rent for a total of four weeks, which would be credited in March.\nStudents are also being given a four-week extension of their tenancy agreement at the end of the third academic term to extend their stay into the summer, Unite said.\nUnlike the first lockdown, all Unite Student properties across the country are currently open.\nStudents need to be up to date with their rent payment as of January 31, 2021, to be eligible, Unite said, and not be in residence in a Unite Students property between January 18 and February 14 this year. The organisation said it would email all students and guarantors to invite them to apply.\nRichard Smith, chief executive of Unite Students, said the organisation felt it was the \"right thing to do\".\n“We recognise that this is again a particularly challenging time for all students which is why their health, safety and security has been our priority since the start of the Covid-19 pandemic,\" he said.\n“Working through this decision has had its challenges as there are a range of varying circumstances to consider in different parts of the country and across different universities.\"\nMr Smith said some students studying specific subjects had already returned to university and more would be returning for face-to-face tuition during January in line with Government guidelines.\n“Against the backdrop of the Government Covid-19 guidelines we are working closely with our university partners. We will continue to support students and maintain our focus to keep all students and staff safe across our properties during the pandemic,\" he added.\nUnite has advised any student who is struggling to keep up to date with rent payments to contact their university’s student finance team for further support.\nShould students be returning to university during the lockdown? Share your thoughts in our comments section below",
"Unite announces rent cut for students amid third national lockdown in England",
"Students are also being given a four-week extension of their tenancy agreement at the end of the third academic term"
] |
|
[
"Matt Jarram",
"Tom Pegden"
] | 2021-01-04T03:11:08 | null | 2021-01-04T03:00:00 |
Public say they want open areas under plans to redesign Nottingham’s Broadmarsh Centre
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https%3A%2F%2Fwww.business-live.co.uk%2Fcommercial-property%2Fcity-centre-redesign-should-include-19548903.json
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en
| null |
City centre redesign should include more green space
| null | null |
www.business-live.co.uk
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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
Thousands of people have put forward their views on how Nottingham’s Broadmarsh Centre should be redeveloped.
More than 3,000 people had a say ahead of a New Year’s Day deadline for the site, which came under control of Nottingham City Council after former owner Intu went into administration mid-way through the development of the centre. It currently stands partially-demolished.
The council is holding what it calls a “big conversation” about what should happen with the site and has said it is open to hearing all options. The consultation was launched over autumn, with a range of ideas presented by local people.
Among them was a suggestion by Green Party and Liberal Democrat representatives that the Broadmarsh should be replaced with parks and space for small businesses in eco-friendly buildings. Alexis Lane, a graduate of Nottingham Trent University’s School Of Architecture, drew up the plan of the shared vision, which has been welcomed by the national leaders of both parties.
The council also reached out to young people at schools and Nottingham College, and with local businesses through round-table events.
Other suggestions have included leisure opportunities, smaller shops, space for markets, tourist attractions and food outlets.
The city council says it will not make any decisions until the feedback from the Big Conversation is assessed. Then, work will begin on a master plan for the site, with demolition of part of the centre due to funding from D2N2, the Local Enterprise Partnership.
Councillor David Mellen, leader of Nottingham City Council, said: “The Big Conversation has really captured people’s imagination.
“It’s a once-in-a-generation opportunity to re-imagine a significant space right in the heart of one of the country’s core cities and build a new post-Covid vision for urban areas that is people-centred and green but also leads to jobs and housing, improving quality of life.
“What has been interesting to see among the understandable desire for green space is the number of respondents who have called for this and something else - small shops, markets, offices, restaurants, entertainment - to complement the new space.
“We know that people really value open, green spaces in Nottingham, with more than 31 per cent of the city made up of green space, despite our tight urban boundary.
“We’ve also got 73 Green Flag parks - more than any other council area. Nottingham aims to be the first carbon-neutral city in the UK.
“We’d want to see this ambition reflected in the future for Broadmarsh in some way.
“We will need to work in partnership with private and public-sector partners to develop any future plans, not least due to the financial pressures we and many other councils are facing at the moment.
“There are practical challenges with the site too, due to different height levels and the current structure being partly demolished.
“But a lot of important preparation work has already taken place as part of the previous development and we have funding from the Local Enterprise Partnership to carry out further demolition work.
“2020 didn’t work out as anyone planned and that was certainly the case for the Broadmarsh Centre.
“But it’s presented us with an unexpected opportunity which in 2021 we hope to shape together into something wonderful for our city.”
|
https://www.business-live.co.uk/commercial-property/city-centre-redesign-should-include-19548903
|
en
| 2021-01-04T00:00:00 |
www.business-live.co.uk/cdc744d086c2f2b117cd846bdb846b2dd4369a98598714c8997c30e92ee41dbe.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\nThousands of people have put forward their views on how Nottingham’s Broadmarsh Centre should be redeveloped.\nMore than 3,000 people had a say ahead of a New Year’s Day deadline for the site, which came under control of Nottingham City Council after former owner Intu went into administration mid-way through the development of the centre. It currently stands partially-demolished.\nThe council is holding what it calls a “big conversation” about what should happen with the site and has said it is open to hearing all options. The consultation was launched over autumn, with a range of ideas presented by local people.\nAmong them was a suggestion by Green Party and Liberal Democrat representatives that the Broadmarsh should be replaced with parks and space for small businesses in eco-friendly buildings. Alexis Lane, a graduate of Nottingham Trent University’s School Of Architecture, drew up the plan of the shared vision, which has been welcomed by the national leaders of both parties.\nThe council also reached out to young people at schools and Nottingham College, and with local businesses through round-table events.\nOther suggestions have included leisure opportunities, smaller shops, space for markets, tourist attractions and food outlets.\nThe city council says it will not make any decisions until the feedback from the Big Conversation is assessed. Then, work will begin on a master plan for the site, with demolition of part of the centre due to funding from D2N2, the Local Enterprise Partnership.\nCouncillor David Mellen, leader of Nottingham City Council, said: “The Big Conversation has really captured people’s imagination.\n“It’s a once-in-a-generation opportunity to re-imagine a significant space right in the heart of one of the country’s core cities and build a new post-Covid vision for urban areas that is people-centred and green but also leads to jobs and housing, improving quality of life.\n“What has been interesting to see among the understandable desire for green space is the number of respondents who have called for this and something else - small shops, markets, offices, restaurants, entertainment - to complement the new space.\n“We know that people really value open, green spaces in Nottingham, with more than 31 per cent of the city made up of green space, despite our tight urban boundary.\n“We’ve also got 73 Green Flag parks - more than any other council area. Nottingham aims to be the first carbon-neutral city in the UK.\n“We’d want to see this ambition reflected in the future for Broadmarsh in some way.\n“We will need to work in partnership with private and public-sector partners to develop any future plans, not least due to the financial pressures we and many other councils are facing at the moment.\n“There are practical challenges with the site too, due to different height levels and the current structure being partly demolished.\n“But a lot of important preparation work has already taken place as part of the previous development and we have funding from the Local Enterprise Partnership to carry out further demolition work.\n“2020 didn’t work out as anyone planned and that was certainly the case for the Broadmarsh Centre.\n“But it’s presented us with an unexpected opportunity which in 2021 we hope to shape together into something wonderful for our city.”",
"City centre redesign should include more green space",
"Public say they want open areas under plans to redesign Nottingham’s Broadmarsh Centre"
] |
|
[
"Tom Houghton",
"Image",
"Pexels"
] | 2021-01-12T12:15:43 | null | 2021-01-12T10:57:46 |
Bollington employs 420 people across seven offices
|
https%3A%2F%2Fwww.business-live.co.uk%2Feconomic-development%2Fgallagher-buys-bollington-wilson-group-19608273.json
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en
| null |
Gallagher buys Bollington Wilson Group as insurance giant 'supercharges' North West presence
| 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 deal has been agreed that will see a prominent Cheshire insurance broker sold to global risk management and consulting services firm Gallagher.
Macclesfield-headquartered Bollington Wilson Group along with its seven offices and 420 staff will become part of Gallagher's UK Retail Division, which works with over 1m customers through a regional network of offices based across the UK.
Founded in 1973, Bollington has grown organically and through acquisitions over the past near-on five decades, and now specialises in mid-market commercial, niche lines and SMEs across the North.
Michael Rea, CEO of Gallagher’s UK Retail Division, said: “Bollington is a hugely-respected business and culturally is an excellent fit with Gallagher.
"This thriving business has strong capability and an impressive portfolio of specialisms that are complementary to our existing business lines, and provides us with additional scale in the regional commercial broking sector.
“Its base in the North West of England will supercharge our presence in the region, and add further depth to our existing UK wide coverage through our Gallagher UK branch network.
"We have been particularly impressed with the team’s entrepreneurial mindset and focus on client service, both of which are fundamental to our way of doing business here at Gallagher. I look forward to working with Paul and the wider team as we join the businesses together.”
In the UK, Gallagher has more than 5,200 employees specialising in risk management, and insurance solutions, for corporate, commercial and personal customers.
The acquisition is subject to regulatory approval.
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.
Paul Moors, group CEO of Bollington, a portfolio company of private equity firm Inflexion, added: “It was clear from the start that we had found a fantastic partner in Gallagher.
"Michael and his team spoke the same language as us and Gallagher’s focus on employing and developing its employees to provide great client service fits well with our ethos.
"Having led Bollington for over 20 years, I am delighted that our business will become part of such a market-leading global broker, and this partnership will enable us to continue our track record for growth, and provide a springboard for further success.”
|
https://www.business-live.co.uk/economic-development/gallagher-buys-bollington-wilson-group-19608273
|
en
| 2021-01-12T00:00:00 |
www.business-live.co.uk/d7c7ad46f9c73b4b5e0d60436a93c3e69f44e973d97463b7744af976fc1955c2.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 deal has been agreed that will see a prominent Cheshire insurance broker sold to global risk management and consulting services firm Gallagher.\nMacclesfield-headquartered Bollington Wilson Group along with its seven offices and 420 staff will become part of Gallagher's UK Retail Division, which works with over 1m customers through a regional network of offices based across the UK.\nFounded in 1973, Bollington has grown organically and through acquisitions over the past near-on five decades, and now specialises in mid-market commercial, niche lines and SMEs across the North.\nMichael Rea, CEO of Gallagher’s UK Retail Division, said: “Bollington is a hugely-respected business and culturally is an excellent fit with Gallagher.\n\"This thriving business has strong capability and an impressive portfolio of specialisms that are complementary to our existing business lines, and provides us with additional scale in the regional commercial broking sector.\n“Its base in the North West of England will supercharge our presence in the region, and add further depth to our existing UK wide coverage through our Gallagher UK branch network.\n\"We have been particularly impressed with the team’s entrepreneurial mindset and focus on client service, both of which are fundamental to our way of doing business here at Gallagher. I look forward to working with Paul and the wider team as we join the businesses together.”\nIn the UK, Gallagher has more than 5,200 employees specialising in risk management, and insurance solutions, for corporate, commercial and personal customers.\nThe acquisition is subject to regulatory approval.\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.\nPaul Moors, group CEO of Bollington, a portfolio company of private equity firm Inflexion, added: “It was clear from the start that we had found a fantastic partner in Gallagher.\n\"Michael and his team spoke the same language as us and Gallagher’s focus on employing and developing its employees to provide great client service fits well with our ethos.\n\"Having led Bollington for over 20 years, I am delighted that our business will become part of such a market-leading global broker, and this partnership will enable us to continue our track record for growth, and provide a springboard for further success.”",
"Gallagher buys Bollington Wilson Group as insurance giant 'supercharges' North West presence",
"Bollington employs 420 people across seven offices"
] |
|
[
"Owen Hughes",
"Image",
"Ian Cooper North Wales Live"
] | 2021-01-27T18:27:54 | null | 2021-01-27T17:27:31 |
Wockhardt UK in Wrexham paused production of Oxford/AstraZeneca vaccine but says schedule not impacted
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https%3A%2F%2Fwww.business-live.co.uk%2Fmanufacturing%2Fwrexham-covid-vaccine-plant-gives-19713907.json
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en
| null |
Wrexham Covid vaccine plant gives update after suspicious package saw bomb squad called
| null | null |
www.business-live.co.uk
|
The video will auto-play soon 8 Cancel
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 Wrexham factory making the Oxford/AstraZeneca vaccine said it suspended manufacturing as a suspicious package was investigated today but that its production schedule has not been impacted.
Wockhardt UK in Wrexham is carrying out the "fill and finish" stage of the manufacturing process and is set to produce around 300 million doses of the vaccine each year.
This morning a suspicious package was received - triggering a partial evacuation.
Police and bomb disposal teams were called to Wrexham Industrial Estate.
(Image: Ian Cooper/North Wales Live)
A Wockhardt UK spokesman this afternoon said: "We can confirm that the investigation on the suspicious package received today has been concluded.
"Given that staff safety is our main priority manufacturing was temporarily paused whilst this took place safely.
"We can now confirm that the package was made safe and staff are now being allowed back into the facility.
"This temporary suspension of manufacturing has in no way affected our production schedule and we are grateful to the authorities and experts for their swift response and resolution of the incident."
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/wrexham-covid-vaccine-plant-gives-19713907
|
en
| 2021-01-27T00:00:00 |
www.business-live.co.uk/be2cddd52d666aa5c0eca51656cc960be4dc687688a408cc435d517b6a0bf3e5.json
|
[
"The video will auto-play soon 8 Cancel\nSign 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 Wrexham factory making the Oxford/AstraZeneca vaccine said it suspended manufacturing as a suspicious package was investigated today but that its production schedule has not been impacted.\nWockhardt UK in Wrexham is carrying out the \"fill and finish\" stage of the manufacturing process and is set to produce around 300 million doses of the vaccine each year.\nThis morning a suspicious package was received - triggering a partial evacuation.\nPolice and bomb disposal teams were called to Wrexham Industrial Estate.\n(Image: Ian Cooper/North Wales Live)\nA Wockhardt UK spokesman this afternoon said: \"We can confirm that the investigation on the suspicious package received today has been concluded.\n\"Given that staff safety is our main priority manufacturing was temporarily paused whilst this took place safely.\n\"We can now confirm that the package was made safe and staff are now being allowed back into the facility.\n\"This temporary suspension of manufacturing has in no way affected our production schedule and we are grateful to the authorities and experts for their swift response and resolution of the incident.\"\nTo have your say on this story please use our comments section at the top of this article",
"Wrexham Covid vaccine plant gives update after suspicious package saw bomb squad called",
"Wockhardt UK in Wrexham paused production of Oxford/AstraZeneca vaccine but says schedule not impacted"
] |
|
[
"Sion Barry",
"Image",
"Bbc",
"Benoy"
] | 2021-01-12T12:15:33 | null | 2021-01-12T11:10:42 |
Welshman Tom Roberts said L&G is looking to build on financing projects such as Cardiff's Central Square regeneration scheme
|
https%3A%2F%2Fwww.business-live.co.uk%2Fcommercial-property%2Flegal--general-appetite-build-19607903.json
|
en
| null |
Legal & General with appetite to build on £600m backing for regeneration projects 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
Legal & General has an appetite for further investment in Wales building on its backing for major projects such as the Central Square regeneration scheme in the centre of Cardiff and Aston Martin’s new car factory in the Vale of Glamorgan.
That’s the message of Cardiff-born Tom Roberts who is head of strategic investment at L&G Investment Management Real Assets.
He is effectively an investment ‘home maker’ for the billions in funds that come under the umbrella of the FTSE 100 financial services giant, which through its early stage capital and longer term funds in the last few years has committed nearly £500m backing the development of Central Square and a new hotel for the Welsh Rugby Union, which will be operated by the Celtic Manor Resort, nearby on Westgate Street.
It also funded Aston Martin’s new factory at St Athan and the Department for Work and Pensions’ new 135,000 sq ft offices at Treforest, taking L&G’s overall investment in Wales in recent years to around £600m.
Its backing for Central Square, a development being driven by Cardiff-based property developer Rightacres, began with its early stage funding of the scheme’s first project in the 1 Central Square office building.
The latest has seen its forward funding for the under construction Interchange scheme, which will see L&G itself being the occupier of the scheme’s 120,000 sq ft of office space, by bringing its current workforce of around 1,800 in the city (currently at Knox Court and Brunel House) under one roof.
The Interchange, which will be ready for occupancy in 2023, will also provide a new bus station for the city and more than 300 build-to-rent apartments for L&G’s Build to Rent Fund.
Mr Roberts, 39, who attended Ysgol Glantaf and lives in Dinas Powys, has a UK-wide remit to develop urban regeneration projects, with Cardiff’s Central Square seen as an exemplar.
L&G Investment Management (LGIM) Real Assets is effectively the property and infrastructure function of L&G, whose main £60bn annuity fund has a property element of over £5bn.
Mr Roberts said “I am responsible for trying to originate, underwrite and then execute deals for all of our funds. So at Central Square in Cardiff our annuity fund acquired the new headquarters for BBC Cymru Wales and the HMRC, which totalled £200m.”
An example of its early stage funding saw L&G Capital forward funding the 1 Central Square office scheme, now fully let and whose tenants include Hodge Bank and law firm Blake Morgan, with £35m of finance.
Mr Roberts said: “L&G Capital has appetite for slightly higher capital to generate higher returns and at the time of forward funding what was Central Square’s first phase only 25,000 sq ft of 145,000 sq ft had been pre-let to Blake Morgan, but within six months of completion the building was fully let.”
L&G Capital then also forward funded Central Square’s second office scheme, in No 2 Central Square, with £55m; a development which is also fully let to law firm Hugh James and Cardiff University’s School of Journalism.
With longer-term funding L&G financed the new headquarters for BBC Cymru Wales and the HMRC at Central Square with a combined backing of £200m.
Mr Roberts said: “With the Interchange another £140m and the WRU [hotel project] as a sort of sixth phase of Central Square with a phase six, that takes our commitments to £475m.”
While L&G is expected to hold the BBC, WRU, Interchange and HMRC property investments for the long-term, the 2 Central Square office building was subsequently sold to Credit Suisse, while Luxembourg-based real estate manager Aerium acquired 1 Central Square.
On the WRU hotel project L&G provided finance of £45m and for the new DWP offices at Treforest £52m.
Forward funding of the BBC been the end of L&G’s investment story, but Mr Roberts said the vision of Rightacres’s chief executive Paul McCarthy for a phased development approach to provide one million sq ft of new office, retail and residential space at Central Square, ensured a deeper and longer-term relationship.
Mr Roberts said: “Paul’s vision is brilliant and as someone from Cardiff I think it is amazing for the city and I am hugely proud to have had some involvement in that. So, credit to Paul who not only had the vision to deliver, but also attracted some major occupiers. The BBC is the most obvious, but there are so many occupiers as well who have shared that vision after Paul sold the dream of Central Square.
“I first met him back in August 2014 when Rightacres were on the shortlist for the BBC requirement along with some other sites and immediately knew it was going to be a good fit for our annuity fund.
“And it has just gathered momentum from there as initially we were going to look just at the BBC [funding], but that coincided with the emergence of our urban regeneration requirement which allowed us to look at multi-phased projects. It was almost as if that requirement was designed for Central Square in the sense of needing to partner that short-term capital with long-term capital to generate transformational change.
(Image: BBC)
“There are few locations in the UK, outside of Central London, that have this concentration of such high quality brand new developments as part of the same scheme. Usually you would see a new office being built and then something else down the road, but you don’t see that concentration.
“So, we are delighted that our investments have had a transformational impact at Central Square, but also our involvement at Treforest [new offices for DWP] and St Athan where we re-purposed an existing facility [former RAF hangar] for Aston Martin and giving that a greater intensity of use than it ever had before. That is something I am really proud to be involved in.”
Mr Roberts said that L&G Capital typically funds early stage projects with slightly higher risk capital compared with its annuity fund, and then typically looks to recycle quite quickly. As a result, while the Interchange scheme secured L&G Capital forward funding, the office investment has now been sold to the L&G Investment Management LPI Fund following the letting deal with L&G.
On L&G Investment Management Real Assets’ UK-wide investment strategy, Mr Roberts said: “Cardiff has been one of, if not the most successful regeneration schemes that we have committed to. It is something we have been doing for about five year now in terms of large-scale urban regeneration.
"We view it as a long-term commitment, but also partnering our short-term and long-term capital. The concept is that we can ideally use the front end capital,like L&G Capital, to help create products for the longer-term funds like the annuity fund.”
However, it doesn’t always follow that L&G funds will take L&G Capital investments on.
Mr Roberts said: “1 and 2 Central Square are perfect examples of that, where ideally we would have loved to have kept them within the L&G umbrella, but given the occupational profile they weren’t suitable for the annuity fund. Ultimately if the market is prepared to pay a price that is more aggressive than one of our funds is, then we are under a fiduciary duty to get the best value for the shareholder or pension fund holder.
“So, we would have loved to have kept this all together, but quite frankly it was the best thing to do.”
L&G’s current investment portfolio in Wales is around £525m, following exiting of the office investments at Central Square. As well as Treforest [DWP] and St Athan [Aston Martin], it also includes the historic Hodge House office scheme in the centre of Cardiff, which has seen its first wave of new tenants signed up following a £10m refurbishment.
(Image: Benoy)
On future investment in Cardiff he said he is in discussions with Mr McCarthy over Rightacres’ Central Quay regeneration scheme, on the site of the former Brains Brewery immediately south of Cardiff Central Train Station, that overtime could see more than two million sq ft of new office, residential, retail and leisure space developed.
Mr Roberts said: “We are talking to Rightacres about Central Quay which is a fantastic site and super exciting, particularly the residential element, which will create a wonderful live-work-play environment. The success of our commitments in Cardiff have been such that the enthusiasm for more investment in the city is high.
"Talking to Nigel Wilson [L&G chief executive] there is a keen awareness of the impact that our investment has had and our finance director Jeff Davies, from Llanelli, and Laura Mason, from Swansea and who heads the annuity business, are always enthused about investing more into Wales.
“Given that the scale of investment here way exceeds what anyone else has done, I think a lot of people realise that we are serious about investing in Wales. We have done what we said we would do, but there is appetite to do a lot more.”
On the hotel project with the WRU, Mr Roberts said: “We have forward funded the cost of delivery and the WRU has entered into a long-term lease with us. All being well post this pandemic, the rent they are liable to pay is very low versus the profit they could make.”
The WRU is confident, after costs, of generating an annual profit of several million pounds a year once the luxury hotel opens later this year.
Mr Roberts added: “It’s a structure that should work well for everybody.”
On the outlook for the office market and a move towards more home working, he said: “I think the pandemic will accelerate that in some cases, particularly where offices are close to obsolescence However, I think there is always going to be a demand and need for companies to be able to have staff congregating to share ideas.
“For example, there will be far more break out and collaboration space in L&G’s new HQ at the Interchange scheme than the existing facilities in recognition of the way people collaborate and the way they work is changing.
“So, people might not need such big desks, but require more spaces to be able to breakout and collaborate. For me the concept that you go to work to get your head down, is something that will change quite significantly in the coming years, and again be accelerated by the pandemic.
If you are facing one of those days when you have reports to write and various sets of numbers to get through, the reality, in my opinion, is that you are better doing that at home, providing you have the space and environment to do so, where you can get your head down and concentrate without distraction.
“When you need to talk to people and have meetings,that’s when you need to be in the office for that interaction where you can share ideas. So, I think there will be a more flexible approach going forward and many companies will adopt that.”
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.
On the retail sector, where the traditional high street bricks and mortar has become more challenged in the face of e-commerce, Mr Roberts said: “We are quite fortunate from an L&G perspective that we have always been, relatively speaking, under-invested in retail and we have never been big shopping centre investors and have always been more focused on office and industrial space.
“In terms of alternatives we have always been keen on leisure and hotels and post pandemic that will be something we would be comfortable to go back into, but the real growth areas for us in recent years has been residential and areas like build to rent.
"What is most exciting from a future investment perspective is our traditional pension funds have historically been limited to office, industrial and retail space, but are now able to view residential as an asset class or sector that they can invest in.
"Certainly that shift towards a long-term rental model is something we have seen throughout the UK as having a real success.”
|
https://www.business-live.co.uk/commercial-property/legal--general-appetite-build-19607903
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en
| 2021-01-12T00:00:00 |
www.business-live.co.uk/9643eb6f136cf6bc8b2446efff7d24dc18a372399b0f2d182d0f329bea557a40.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\nLegal & General has an appetite for further investment in Wales building on its backing for major projects such as the Central Square regeneration scheme in the centre of Cardiff and Aston Martin’s new car factory in the Vale of Glamorgan.\nThat’s the message of Cardiff-born Tom Roberts who is head of strategic investment at L&G Investment Management Real Assets.\nHe is effectively an investment ‘home maker’ for the billions in funds that come under the umbrella of the FTSE 100 financial services giant, which through its early stage capital and longer term funds in the last few years has committed nearly £500m backing the development of Central Square and a new hotel for the Welsh Rugby Union, which will be operated by the Celtic Manor Resort, nearby on Westgate Street.\nIt also funded Aston Martin’s new factory at St Athan and the Department for Work and Pensions’ new 135,000 sq ft offices at Treforest, taking L&G’s overall investment in Wales in recent years to around £600m.\nIts backing for Central Square, a development being driven by Cardiff-based property developer Rightacres, began with its early stage funding of the scheme’s first project in the 1 Central Square office building.\nThe latest has seen its forward funding for the under construction Interchange scheme, which will see L&G itself being the occupier of the scheme’s 120,000 sq ft of office space, by bringing its current workforce of around 1,800 in the city (currently at Knox Court and Brunel House) under one roof.\nThe Interchange, which will be ready for occupancy in 2023, will also provide a new bus station for the city and more than 300 build-to-rent apartments for L&G’s Build to Rent Fund.\nMr Roberts, 39, who attended Ysgol Glantaf and lives in Dinas Powys, has a UK-wide remit to develop urban regeneration projects, with Cardiff’s Central Square seen as an exemplar.\nL&G Investment Management (LGIM) Real Assets is effectively the property and infrastructure function of L&G, whose main £60bn annuity fund has a property element of over £5bn.\nMr Roberts said “I am responsible for trying to originate, underwrite and then execute deals for all of our funds. So at Central Square in Cardiff our annuity fund acquired the new headquarters for BBC Cymru Wales and the HMRC, which totalled £200m.”\nAn example of its early stage funding saw L&G Capital forward funding the 1 Central Square office scheme, now fully let and whose tenants include Hodge Bank and law firm Blake Morgan, with £35m of finance.\nMr Roberts said: “L&G Capital has appetite for slightly higher capital to generate higher returns and at the time of forward funding what was Central Square’s first phase only 25,000 sq ft of 145,000 sq ft had been pre-let to Blake Morgan, but within six months of completion the building was fully let.”\nL&G Capital then also forward funded Central Square’s second office scheme, in No 2 Central Square, with £55m; a development which is also fully let to law firm Hugh James and Cardiff University’s School of Journalism.\nWith longer-term funding L&G financed the new headquarters for BBC Cymru Wales and the HMRC at Central Square with a combined backing of £200m.\nMr Roberts said: “With the Interchange another £140m and the WRU [hotel project] as a sort of sixth phase of Central Square with a phase six, that takes our commitments to £475m.”\nWhile L&G is expected to hold the BBC, WRU, Interchange and HMRC property investments for the long-term, the 2 Central Square office building was subsequently sold to Credit Suisse, while Luxembourg-based real estate manager Aerium acquired 1 Central Square.\nOn the WRU hotel project L&G provided finance of £45m and for the new DWP offices at Treforest £52m.\nForward funding of the BBC been the end of L&G’s investment story, but Mr Roberts said the vision of Rightacres’s chief executive Paul McCarthy for a phased development approach to provide one million sq ft of new office, retail and residential space at Central Square, ensured a deeper and longer-term relationship.\nMr Roberts said: “Paul’s vision is brilliant and as someone from Cardiff I think it is amazing for the city and I am hugely proud to have had some involvement in that. So, credit to Paul who not only had the vision to deliver, but also attracted some major occupiers. The BBC is the most obvious, but there are so many occupiers as well who have shared that vision after Paul sold the dream of Central Square.\n“I first met him back in August 2014 when Rightacres were on the shortlist for the BBC requirement along with some other sites and immediately knew it was going to be a good fit for our annuity fund.\n“And it has just gathered momentum from there as initially we were going to look just at the BBC [funding], but that coincided with the emergence of our urban regeneration requirement which allowed us to look at multi-phased projects. It was almost as if that requirement was designed for Central Square in the sense of needing to partner that short-term capital with long-term capital to generate transformational change.\n(Image: BBC)\n“There are few locations in the UK, outside of Central London, that have this concentration of such high quality brand new developments as part of the same scheme. Usually you would see a new office being built and then something else down the road, but you don’t see that concentration.\n“So, we are delighted that our investments have had a transformational impact at Central Square, but also our involvement at Treforest [new offices for DWP] and St Athan where we re-purposed an existing facility [former RAF hangar] for Aston Martin and giving that a greater intensity of use than it ever had before. That is something I am really proud to be involved in.”\nMr Roberts said that L&G Capital typically funds early stage projects with slightly higher risk capital compared with its annuity fund, and then typically looks to recycle quite quickly. As a result, while the Interchange scheme secured L&G Capital forward funding, the office investment has now been sold to the L&G Investment Management LPI Fund following the letting deal with L&G.\nOn L&G Investment Management Real Assets’ UK-wide investment strategy, Mr Roberts said: “Cardiff has been one of, if not the most successful regeneration schemes that we have committed to. It is something we have been doing for about five year now in terms of large-scale urban regeneration.\n\"We view it as a long-term commitment, but also partnering our short-term and long-term capital. The concept is that we can ideally use the front end capital,like L&G Capital, to help create products for the longer-term funds like the annuity fund.”\nHowever, it doesn’t always follow that L&G funds will take L&G Capital investments on.\nMr Roberts said: “1 and 2 Central Square are perfect examples of that, where ideally we would have loved to have kept them within the L&G umbrella, but given the occupational profile they weren’t suitable for the annuity fund. Ultimately if the market is prepared to pay a price that is more aggressive than one of our funds is, then we are under a fiduciary duty to get the best value for the shareholder or pension fund holder.\n“So, we would have loved to have kept this all together, but quite frankly it was the best thing to do.”\nL&G’s current investment portfolio in Wales is around £525m, following exiting of the office investments at Central Square. As well as Treforest [DWP] and St Athan [Aston Martin], it also includes the historic Hodge House office scheme in the centre of Cardiff, which has seen its first wave of new tenants signed up following a £10m refurbishment.\n(Image: Benoy)\nOn future investment in Cardiff he said he is in discussions with Mr McCarthy over Rightacres’ Central Quay regeneration scheme, on the site of the former Brains Brewery immediately south of Cardiff Central Train Station, that overtime could see more than two million sq ft of new office, residential, retail and leisure space developed.\nMr Roberts said: “We are talking to Rightacres about Central Quay which is a fantastic site and super exciting, particularly the residential element, which will create a wonderful live-work-play environment. The success of our commitments in Cardiff have been such that the enthusiasm for more investment in the city is high.\n\"Talking to Nigel Wilson [L&G chief executive] there is a keen awareness of the impact that our investment has had and our finance director Jeff Davies, from Llanelli, and Laura Mason, from Swansea and who heads the annuity business, are always enthused about investing more into Wales.\n“Given that the scale of investment here way exceeds what anyone else has done, I think a lot of people realise that we are serious about investing in Wales. We have done what we said we would do, but there is appetite to do a lot more.”\nOn the hotel project with the WRU, Mr Roberts said: “We have forward funded the cost of delivery and the WRU has entered into a long-term lease with us. All being well post this pandemic, the rent they are liable to pay is very low versus the profit they could make.”\nThe WRU is confident, after costs, of generating an annual profit of several million pounds a year once the luxury hotel opens later this year.\nMr Roberts added: “It’s a structure that should work well for everybody.”\nOn the outlook for the office market and a move towards more home working, he said: “I think the pandemic will accelerate that in some cases, particularly where offices are close to obsolescence However, I think there is always going to be a demand and need for companies to be able to have staff congregating to share ideas.\n“For example, there will be far more break out and collaboration space in L&G’s new HQ at the Interchange scheme than the existing facilities in recognition of the way people collaborate and the way they work is changing.\n“So, people might not need such big desks, but require more spaces to be able to breakout and collaborate. For me the concept that you go to work to get your head down, is something that will change quite significantly in the coming years, and again be accelerated by the pandemic.\nIf you are facing one of those days when you have reports to write and various sets of numbers to get through, the reality, in my opinion, is that you are better doing that at home, providing you have the space and environment to do so, where you can get your head down and concentrate without distraction.\n“When you need to talk to people and have meetings,that’s when you need to be in the office for that interaction where you can share ideas. So, I think there will be a more flexible approach going forward and many companies will adopt that.”\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.\nOn the retail sector, where the traditional high street bricks and mortar has become more challenged in the face of e-commerce, Mr Roberts said: “We are quite fortunate from an L&G perspective that we have always been, relatively speaking, under-invested in retail and we have never been big shopping centre investors and have always been more focused on office and industrial space.\n“In terms of alternatives we have always been keen on leisure and hotels and post pandemic that will be something we would be comfortable to go back into, but the real growth areas for us in recent years has been residential and areas like build to rent.\n\"What is most exciting from a future investment perspective is our traditional pension funds have historically been limited to office, industrial and retail space, but are now able to view residential as an asset class or sector that they can invest in.\n\"Certainly that shift towards a long-term rental model is something we have seen throughout the UK as having a real success.”",
"Legal & General with appetite to build on £600m backing for regeneration projects in Wales",
"Welshman Tom Roberts said L&G is looking to build on financing projects such as Cardiff's Central Square regeneration scheme"
] |
|
[
"Tom Pegden"
] | 2021-01-08T03:55:21 | null | 2021-01-08T03:01:00 |
If approved the development would become a “gateway building” along one of the main routes into the city
|
https%3A%2F%2Fwww.business-live.co.uk%2Fcommercial-property%2Fplans-drawn-up-100-apartment-19581641.json
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en
| null |
Plans drawn up for 100 apartment block in Nottingham with living walls of greenery on the outside
| 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
Plans have been drawn up for a 100 apartment block in Nottingham with living walls of greenery on the outside.
ALB Group, which is based in the city, wants to build on the site of a former Indian restaurant and car valeting centre, at 152-160 London Road.
If approved the development would become a “gateway building” along one of the main routes into the city centre.
ALB Group, which specialises in converting, redeveloping and letting residential and commercial properties around the UK, said the scheme would comprise of one and two-bed apartments with balconies, communal terraces, a ground floor two-storey restaurant, a café and bar, basement car parking and a residents’ gym.
The company said plans for the site – which sits just outside the Nottingham Urban Design Guide Zone of Reinvention and the Waterside Regeneration Zone – have been drawn up in consultation with Nottingham City Council.
Arran Bailey, managing director at ALB Group, said the designs include planting schemes and living walls on the balconies and terraces, designed to enhance the ecological value of the site.
The plants will be maintained using grey water recycling through a built-in irrigation and drainage system.
Solar panels on the roof will also provide a sustainable source of electricity to the building.
The site is close to the city and West Bridgford, and a few minutes’ walk from the River Trent, Trent Bridge Cricket Ground, Notts County and Nottingham Forest, and Nottingham train station.
Mr Bailey said: “As one of the main routes into Nottingham, London Road is a prominent location and provides a gateway to both West Bridgford and the rest of the city.
“We are excited to be submitting plans for this landmark scheme, which if approved, would bring luxury homes and further amenities to the area.
“The new development would improve the aesthetic of a major gateway, and serve to welcome visitors as they approach and travel through the city.
“We have been working closely with Nottingham City Council, CBP Architects and the local community, to ensure the design of the building fits in seamlessly with the environment.
“The scheme’s contemporary look, complete with natural greenery, would also enhance the view corridor towards Nottingham Castle, which is something Nottingham City Council is keen to maintain.
“The apartments would offer residents attractive views of the surrounding vicinity, towards West Bridgford and the city centre.
“Spacious, open-plan living and quality fixtures and fittings throughout will provide a desirable living experience complete with on-site amenities.
“Being in such close proximity to Nottingham train station, makes this an ideal location for commuters.
Simon Birch, director at CBP Architects, said: “It is a pleasure to be working on plans for such a prominent, residential and commercial development in an unrivalled location in Nottingham.
“The design of the scheme respects its location on one of the main routes into the city and if plans are approved, it will provide a striking piece of architecture to welcome visitors and commuters along the route.
“The contemporary design including living walls and planted terraces will help to bring the building to life and will provide a natural ‘green’ feel to its aesthetic, as well as boasting sustainable energy credentials to maximise the building’s performance and efficiency.”
Pending planning, work could begin this autumn, and completed by spring 2023.
|
https://www.business-live.co.uk/commercial-property/plans-drawn-up-100-apartment-19581641
|
en
| 2021-01-08T00:00:00 |
www.business-live.co.uk/73321f822c3205052fe3773a10fea78afa5a332cc97e6b3f34e86f9146eab01c.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\nPlans have been drawn up for a 100 apartment block in Nottingham with living walls of greenery on the outside.\nALB Group, which is based in the city, wants to build on the site of a former Indian restaurant and car valeting centre, at 152-160 London Road.\nIf approved the development would become a “gateway building” along one of the main routes into the city centre.\nALB Group, which specialises in converting, redeveloping and letting residential and commercial properties around the UK, said the scheme would comprise of one and two-bed apartments with balconies, communal terraces, a ground floor two-storey restaurant, a café and bar, basement car parking and a residents’ gym.\nThe company said plans for the site – which sits just outside the Nottingham Urban Design Guide Zone of Reinvention and the Waterside Regeneration Zone – have been drawn up in consultation with Nottingham City Council.\nArran Bailey, managing director at ALB Group, said the designs include planting schemes and living walls on the balconies and terraces, designed to enhance the ecological value of the site.\nThe plants will be maintained using grey water recycling through a built-in irrigation and drainage system.\nSolar panels on the roof will also provide a sustainable source of electricity to the building.\nThe site is close to the city and West Bridgford, and a few minutes’ walk from the River Trent, Trent Bridge Cricket Ground, Notts County and Nottingham Forest, and Nottingham train station.\nMr Bailey said: “As one of the main routes into Nottingham, London Road is a prominent location and provides a gateway to both West Bridgford and the rest of the city.\n“We are excited to be submitting plans for this landmark scheme, which if approved, would bring luxury homes and further amenities to the area.\n“The new development would improve the aesthetic of a major gateway, and serve to welcome visitors as they approach and travel through the city.\n“We have been working closely with Nottingham City Council, CBP Architects and the local community, to ensure the design of the building fits in seamlessly with the environment.\n“The scheme’s contemporary look, complete with natural greenery, would also enhance the view corridor towards Nottingham Castle, which is something Nottingham City Council is keen to maintain.\n“The apartments would offer residents attractive views of the surrounding vicinity, towards West Bridgford and the city centre.\n“Spacious, open-plan living and quality fixtures and fittings throughout will provide a desirable living experience complete with on-site amenities.\n“Being in such close proximity to Nottingham train station, makes this an ideal location for commuters.\nSimon Birch, director at CBP Architects, said: “It is a pleasure to be working on plans for such a prominent, residential and commercial development in an unrivalled location in Nottingham.\n“The design of the scheme respects its location on one of the main routes into the city and if plans are approved, it will provide a striking piece of architecture to welcome visitors and commuters along the route.\n“The contemporary design including living walls and planted terraces will help to bring the building to life and will provide a natural ‘green’ feel to its aesthetic, as well as boasting sustainable energy credentials to maximise the building’s performance and efficiency.”\nPending planning, work could begin this autumn, and completed by spring 2023.",
"Plans drawn up for 100 apartment block in Nottingham with living walls of greenery on the outside",
"If approved the development would become a “gateway building” along one of the main routes into the city"
] |
|
[
"Tom Houghton"
] | 2021-01-11T11:35:35 | null | 1960-05-11T00:00:00 |
The change will take effect from February subject to shareholder approval
|
https%3A%2F%2Fwww.business-live.co.uk%2Feconomic-development%2Fstobart-group-announces-name-change-19600464.json
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en
| null |
Stobart Group announces name change to Esken Limited after trademarks sold for £10m
| 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
Stobart Group has announced it will change its name to Esken Limited after two trademarks were sold for £10m.
The Carlisle-based aviation and energy infrastructure group sold the Eddie Stobart and Stobart trademarks to Eddie Stobart Logistics back in May, with the name change set to take effect by the end of February.
An announcement to the markets on Monday said Stobart Group's operating divisions may continue to use the brand to May 2023 - and London Southend Airport will not change its name.
A general meeting will be held on February 3 to obtain shareholder approval for the change.
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 announcement said: "The Company's stock market ticker will become ESKN from 8am on the day following the General Meeting and its ISIN will remain unchanged.
"Shareholders are encouraged to exercise their right to vote and, accordingly, it is strongly recommended that shareholders vote by way of proxy."
|
https://www.business-live.co.uk/economic-development/stobart-group-announces-name-change-19600464
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en
| 1960-05-11T00:00:00 |
www.business-live.co.uk/66fce947e7a922f4c32647837ac4f3acfae305d0ec3fd00038a226563d5423d0.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\nStobart Group has announced it will change its name to Esken Limited after two trademarks were sold for £10m.\nThe Carlisle-based aviation and energy infrastructure group sold the Eddie Stobart and Stobart trademarks to Eddie Stobart Logistics back in May, with the name change set to take effect by the end of February.\nAn announcement to the markets on Monday said Stobart Group's operating divisions may continue to use the brand to May 2023 - and London Southend Airport will not change its name.\nA general meeting will be held on February 3 to obtain shareholder approval for the change.\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 announcement said: \"The Company's stock market ticker will become ESKN from 8am on the day following the General Meeting and its ISIN will remain unchanged.\n\"Shareholders are encouraged to exercise their right to vote and, accordingly, it is strongly recommended that shareholders vote by way of proxy.\"",
"Stobart Group announces name change to Esken Limited after trademarks sold for £10m",
"The change will take effect from February subject to shareholder approval"
] |
|
[
"David Laister",
"Image",
"University Of Hull",
"University Of Hull."
] | 2021-01-08T17:46:59 | null | 1959-06-15T00:00:00 |
Double win for physics team as speed and knowledge exchange research backed for mid-term
|
https%3A%2F%2Fwww.business-live.co.uk%2Ftechnology%2F1m-funding-win-university-hull-19590606.json
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en
| null |
£1m funding win for University of Hull as it plays central role in EU future computing projects
| 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
A £1 million funding jackpot is being celebrated by the University of Hull as it plugs into a European-wide project that may change the future of computing in business.
The physics department has been successful with two grant funding bids, on offer as part of the EU’s Horizon 2020 programme.
One is focused on improving the performance and speed of future computers, with the second centred on improving knowledge exchange with businesses and research centres across the continent.
Professor Brad Gibson, head of physics at the University of Hull, said the university had “punched well above its weight” to secure the cash.
He said: “These two grants are hugely significant to the physics department and the university as a whole – they provide us with the capacity and the ability to be involved in some major international programmes.
“Being involved in projects of this scale raises the profile of Hull as a university, and will hopefully also make it easier for us to apply for future funding.
“We are in an enviable position to contribute to these major projects, which could hold significant benefits for future generations of physicians and scientists across the world.”
Around half of the cash came from the Horizon programme’s Future Emerging Technologies bid.
(Image: University of Hull.)
Hull, alongside Cambridge, is a partner in the European-wide Poseidon programme.
“Computers are fundamentally limited by the physical properties of the information carriers which drive them, tiny charged particles called electrons,” Prof Gibson said.
“The Poseidon project aims at replacing those electrons with photons - ‘particles’ travelling with no restrictions, at the speed of light.
“By removing the limitations imposed by electrons, the Hull team – Drs Martin Buzza, Ali Adawi, and Jean-Sebastien Bouillard - will develop the technology which has the potential to revolutionise the field of computing.”
The University’s £2 million “supercomputer”, known as Viper, played a pivotal role in securing the second grant for Hull.
The project – backed by the Horizon programme’s Integrating Research Infrastructures of European Interest funding pool – focuses on bringing together the expertise and facilities of institutions and businesses across the continent.
With knowledge exchange at its core, it aims to improve our understanding of science by increasing the amount of information shared between global experts.
“This project is all about linking together different groups who are currently working in isolation, who require information and data which already exists elsewhere,” Prof Gibson said.
(Image: University of Hull)
For example, my interest lies in the chemical elements which our galaxy, stars, and planets, are made up of, and how the distribution of those elements may or may not lead to the develop of complex life elsewhere.
“In order to probe these challenges, I am dependent on the complementary skills of nuclear and stellar physics, which is where the expertise of my Hull co-investigators, Drs Marco Pignatari and Richard Stancliffe, lead the world.
“Our infrastructure grant will support researchers, students, and facilitate outreach across schools and colleges in the region.”
Hull’s Viper high-performance computer is capable of sending vast amounts of data much more quickly than a regular computer can.
“It is rare for an institution like Hull to secure this level of grant funding,” he said.
“It leaves the university in a fantastic position to play a leading role for the next four to five years in two hugely important projects.
“In an incredibly competitive environment, where fewer than one in ten grants are funded, securing £1 milllion in Horizon-2020 funding from the European Union is a testament to the truly world-leading research being undertaken with the department here at Hull.”
|
https://www.business-live.co.uk/technology/1m-funding-win-university-hull-19590606
|
en
| 1959-06-15T00:00:00 |
www.business-live.co.uk/4da66cdf58d37dc209351464fe4e28278dbcb37167593f9e5859d73b3a95ffb3.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 £1 million funding jackpot is being celebrated by the University of Hull as it plugs into a European-wide project that may change the future of computing in business.\nThe physics department has been successful with two grant funding bids, on offer as part of the EU’s Horizon 2020 programme.\nOne is focused on improving the performance and speed of future computers, with the second centred on improving knowledge exchange with businesses and research centres across the continent.\nProfessor Brad Gibson, head of physics at the University of Hull, said the university had “punched well above its weight” to secure the cash.\nHe said: “These two grants are hugely significant to the physics department and the university as a whole – they provide us with the capacity and the ability to be involved in some major international programmes.\n“Being involved in projects of this scale raises the profile of Hull as a university, and will hopefully also make it easier for us to apply for future funding.\n“We are in an enviable position to contribute to these major projects, which could hold significant benefits for future generations of physicians and scientists across the world.”\nAround half of the cash came from the Horizon programme’s Future Emerging Technologies bid.\n(Image: University of Hull.)\nHull, alongside Cambridge, is a partner in the European-wide Poseidon programme.\n“Computers are fundamentally limited by the physical properties of the information carriers which drive them, tiny charged particles called electrons,” Prof Gibson said.\n“The Poseidon project aims at replacing those electrons with photons - ‘particles’ travelling with no restrictions, at the speed of light.\n“By removing the limitations imposed by electrons, the Hull team – Drs Martin Buzza, Ali Adawi, and Jean-Sebastien Bouillard - will develop the technology which has the potential to revolutionise the field of computing.”\nThe University’s £2 million “supercomputer”, known as Viper, played a pivotal role in securing the second grant for Hull.\nThe project – backed by the Horizon programme’s Integrating Research Infrastructures of European Interest funding pool – focuses on bringing together the expertise and facilities of institutions and businesses across the continent.\nWith knowledge exchange at its core, it aims to improve our understanding of science by increasing the amount of information shared between global experts.\n“This project is all about linking together different groups who are currently working in isolation, who require information and data which already exists elsewhere,” Prof Gibson said.\n(Image: University of Hull)\nFor example, my interest lies in the chemical elements which our galaxy, stars, and planets, are made up of, and how the distribution of those elements may or may not lead to the develop of complex life elsewhere.\n“In order to probe these challenges, I am dependent on the complementary skills of nuclear and stellar physics, which is where the expertise of my Hull co-investigators, Drs Marco Pignatari and Richard Stancliffe, lead the world.\n“Our infrastructure grant will support researchers, students, and facilitate outreach across schools and colleges in the region.”\nHull’s Viper high-performance computer is capable of sending vast amounts of data much more quickly than a regular computer can.\n“It is rare for an institution like Hull to secure this level of grant funding,” he said.\n“It leaves the university in a fantastic position to play a leading role for the next four to five years in two hugely important projects.\n“In an incredibly competitive environment, where fewer than one in ten grants are funded, securing £1 milllion in Horizon-2020 funding from the European Union is a testament to the truly world-leading research being undertaken with the department here at Hull.”",
"£1m funding win for University of Hull as it plays central role in EU future computing projects",
"Double win for physics team as speed and knowledge exchange research backed for mid-term"
] |
|
[
"Hannah Baker",
"Image",
"Highways England"
] | 2021-01-30T10:29:48 | null | 2021-01-30T10:08:36 |
Delta Properties owns the land on which the new access road is going to be built
|
https%3A%2F%2Fwww.business-live.co.uk%2Feconomic-development%2Fdeveloper-hits-out-over-m49-19730321.json
|
en
| null |
Developer hits out over M49 junction 'responsibility' and issues update on progress of delayed link road
| 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
The developer of a major business park next to a £50m “dead end” motorway junction has hit out over claims it is responsible for connecting the junction to the local road network.
The majority of work on the M49 junction, near Avonmouth, was completed by Highways England in 2019 but it still cannot be used by traffic because the link road has not yet been built.
The two-bridge junction was due to connect warehouse and distribution centre Central Park, used by major companies including Tesco and Amazon, to the motorway. The park's developer, Delta Properties, currently owns the land on which the new access is to be built.
When proposed, the junction was slated to ease congestion and have huge economic potential for the region by connecting the port of Avonmouth and the Avonmouth Severnside Enterprise Area to the M49.
Earlier this month, South Gloucestershire Council said the responsibility for building the road lay with Delta and that it was “working to influence” construction.
But Delta Properties has refuted the claim, saying it owes “no legal obligation” to any public body to construct the road infrastructure associated with the new junction.
The company said “in the spirit of moving things forward” it had spent several months finalising designs for the road - and working out how much it will cost - however.
A Delta Properties spokesperson said: “Commencement of works on site is contingent on finalising several landowner agreements with neighbouring landowners.
“[Delta] would have liked for these to have already been completed and works commenced, but these third-party approvals are still awaited. Delta Properties remains hopeful that these agreements will be completed in the not too distant future.”
According to the developer, once the agreements are complete it will start building the link road on its land. It said this would go towards "completing the jigsaw of wider connectivity".
“It will require leadership, positive engagement and participation from both Highways England and South Gloucestershire Council to enable that to happen,” the Delta spokesperson said.
“They are both aware of what they are required to do to facilitate this and, whilst positive engagement from them has been lacking over several months, Delta Properties remains hopeful that agreements can be reached with them both, for the required infrastructure to be completed and arrangements finalised for all local infrastructure – including the private infrastructure at Central Park which Delta Properties has constructed – to be made available for wider public use."
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
They added: “Delta Properties hopes both Highways England and South Gloucestershire Council live up to their own responsibilities to enable that to happen.”
Josh Hodder, Highways England project manager for the M49 Junction scheme, said the "onus" was on the developers to design and deliver the connecting roads.
"[The link roads will] tie into the stubs we have provided, and we look forward to seeing the new junction opened to traffic once these are completed and connected to the local road network," he said.
Highways England said it was aware developers had begun design work, with the aim of starting construction in the near future. "We welcome that and will continue to communicate with all parties as plans are progressed," Mr Hodder added.
Meanwhile, South Gloucestershire Council said it was in contact with the landowner and major employers in the area - and was seeking to ensure the link road was constructed in a “timely manner”.
A spokesperson for the council added: “We are also arranging for access to council-owned land to be made available to enable the work to get underway as soon as possible.”
Get involved with the conversation in our comments section and follow us on Linkedin at BusinessLive
What are your thoughts on the road to nowhere? Be part of the conversation in the comments section below
|
https://www.business-live.co.uk/economic-development/developer-hits-out-over-m49-19730321
|
en
| 2021-01-30T00:00:00 |
www.business-live.co.uk/583ebe637348ecb472ebf92d904aefdcc9e797e89bc61028d0aa67d48788b1c3.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\nThe developer of a major business park next to a £50m “dead end” motorway junction has hit out over claims it is responsible for connecting the junction to the local road network.\nThe majority of work on the M49 junction, near Avonmouth, was completed by Highways England in 2019 but it still cannot be used by traffic because the link road has not yet been built.\nThe two-bridge junction was due to connect warehouse and distribution centre Central Park, used by major companies including Tesco and Amazon, to the motorway. The park's developer, Delta Properties, currently owns the land on which the new access is to be built.\nWhen proposed, the junction was slated to ease congestion and have huge economic potential for the region by connecting the port of Avonmouth and the Avonmouth Severnside Enterprise Area to the M49.\nEarlier this month, South Gloucestershire Council said the responsibility for building the road lay with Delta and that it was “working to influence” construction.\nBut Delta Properties has refuted the claim, saying it owes “no legal obligation” to any public body to construct the road infrastructure associated with the new junction.\nThe company said “in the spirit of moving things forward” it had spent several months finalising designs for the road - and working out how much it will cost - however.\nA Delta Properties spokesperson said: “Commencement of works on site is contingent on finalising several landowner agreements with neighbouring landowners.\n“[Delta] would have liked for these to have already been completed and works commenced, but these third-party approvals are still awaited. Delta Properties remains hopeful that these agreements will be completed in the not too distant future.”\nAccording to the developer, once the agreements are complete it will start building the link road on its land. It said this would go towards \"completing the jigsaw of wider connectivity\".\n“It will require leadership, positive engagement and participation from both Highways England and South Gloucestershire Council to enable that to happen,” the Delta spokesperson said.\n“They are both aware of what they are required to do to facilitate this and, whilst positive engagement from them has been lacking over several months, Delta Properties remains hopeful that agreements can be reached with them both, for the required infrastructure to be completed and arrangements finalised for all local infrastructure – including the private infrastructure at Central Park which Delta Properties has constructed – to be made available for wider public use.\"\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\nThey added: “Delta Properties hopes both Highways England and South Gloucestershire Council live up to their own responsibilities to enable that to happen.”\nJosh Hodder, Highways England project manager for the M49 Junction scheme, said the \"onus\" was on the developers to design and deliver the connecting roads.\n\"[The link roads will] tie into the stubs we have provided, and we look forward to seeing the new junction opened to traffic once these are completed and connected to the local road network,\" he said.\nHighways England said it was aware developers had begun design work, with the aim of starting construction in the near future. \"We welcome that and will continue to communicate with all parties as plans are progressed,\" Mr Hodder added.\nMeanwhile, South Gloucestershire Council said it was in contact with the landowner and major employers in the area - and was seeking to ensure the link road was constructed in a “timely manner”.\nA spokesperson for the council added: “We are also arranging for access to council-owned land to be made available to enable the work to get underway as soon as possible.”\nGet involved with the conversation in our comments section and follow us on Linkedin at BusinessLive\nWhat are your thoughts on the road to nowhere? Be part of the conversation in the comments section below",
"Developer hits out over M49 junction 'responsibility' and issues update on progress of delayed link road",
"Delta Properties owns the land on which the new access road is going to be built"
] |
|
[
"Tom Pegden"
] | 2021-01-11T11:36:45 | null | 2021-01-11T09:48:57 |
Pete Townsend famously wore them, while Elton John sported a giant pair as the Pinball Wizard in Tommy
|
https%3A%2F%2Fwww.business-live.co.uk%2Fmanufacturing%2Fdr-martens-planning-stock-market-19600600.json
|
en
| null |
Dr Martens planning stock market flotation
| 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
Dr Martens, the historic boot maker, has announced plans to float on the London Stock Exchange.
The Northampton business – which sells more than 11 million pairs of shoes and boots a year in more than 60 countries – is owned by private equity firm Permira, which will sell its stake as part of the listing.
The boots – known for their air cushioned sole – were developed in middle of the last century and have been a staple of one fashion movement after another ever since.
In the 1970s and 80s they were sported by punks, mods and skinheads as well as ska and new wave fans, and in the 90s were worn by everyone from grunge rockers to art students.
The Who’s Pete Townsend famously wore them, while Elton John sported a giant pair as the Pinball Wizard in the rock musical Tommy.
British police wear them on the beat while, factory workers use them, while they have also been adopted over the decades by the LBGTQ community.
They remain as much a fashion icon today as ever, selling for up to £200 a pair.
Dr Martens chief executive Kenny Wilson said the flotation plans highlighted the “significant global growth potential” with the business hoping to expand further through increased investment.
He said: “The announcement of our intention to float reflects the great achievements of the Dr Martens team and brand over the last seven years.
“Our iconic brand appeals to a diverse range of consumers around the world who wear our footwear to express their individual style.
“We have invested massively to ensure that we deliver the best digital and store experiences to connect with our wearers, and through this we are driving our long term, sustainable growth.”
The brand, which launched its first boot in 1960, posted £672 million in revenues in the financial year to March 31.
Over the same period, the company also delivered £184 million in earnings.
It also reported group revenues of £318.2 million for the six months to September, delivering 18 per cent growth year-on-year despite the impact of the pandemic.
The brand sells a large proportion of its products through partner retailers, but said it wants to continue the expansion of its own retail operations.
Dr Martens runs 130 of its own stores across the globe, while sales from its own online business have grown to represent a fifth of all its revenues.
|
https://www.business-live.co.uk/manufacturing/dr-martens-planning-stock-market-19600600
|
en
| 2021-01-11T00:00:00 |
www.business-live.co.uk/43c56fcf8d4e37465e04a3a820ea51fc062a2d4aa791561bf3ebd76fb9503dac.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\nDr Martens, the historic boot maker, has announced plans to float on the London Stock Exchange.\nThe Northampton business – which sells more than 11 million pairs of shoes and boots a year in more than 60 countries – is owned by private equity firm Permira, which will sell its stake as part of the listing.\nThe boots – known for their air cushioned sole – were developed in middle of the last century and have been a staple of one fashion movement after another ever since.\nIn the 1970s and 80s they were sported by punks, mods and skinheads as well as ska and new wave fans, and in the 90s were worn by everyone from grunge rockers to art students.\nThe Who’s Pete Townsend famously wore them, while Elton John sported a giant pair as the Pinball Wizard in the rock musical Tommy.\nBritish police wear them on the beat while, factory workers use them, while they have also been adopted over the decades by the LBGTQ community.\nThey remain as much a fashion icon today as ever, selling for up to £200 a pair.\nDr Martens chief executive Kenny Wilson said the flotation plans highlighted the “significant global growth potential” with the business hoping to expand further through increased investment.\nHe said: “The announcement of our intention to float reflects the great achievements of the Dr Martens team and brand over the last seven years.\n“Our iconic brand appeals to a diverse range of consumers around the world who wear our footwear to express their individual style.\n“We have invested massively to ensure that we deliver the best digital and store experiences to connect with our wearers, and through this we are driving our long term, sustainable growth.”\nThe brand, which launched its first boot in 1960, posted £672 million in revenues in the financial year to March 31.\nOver the same period, the company also delivered £184 million in earnings.\nIt also reported group revenues of £318.2 million for the six months to September, delivering 18 per cent growth year-on-year despite the impact of the pandemic.\nThe brand sells a large proportion of its products through partner retailers, but said it wants to continue the expansion of its own retail operations.\nDr Martens runs 130 of its own stores across the globe, while sales from its own online business have grown to represent a fifth of all its revenues.",
"Dr Martens planning stock market flotation",
"Pete Townsend famously wore them, while Elton John sported a giant pair as the Pinball Wizard in Tommy"
] |
|
[
"Laura Watson"
] | 2021-01-29T04:04:27 | null | 2021-01-29T03:00:00 |
The products have been launched to commemorate the second anniversary of the goalkeeper's death on February 12
|
https%3A%2F%2Fwww.business-live.co.uk%2Fenterprise%2Ffootball-legend-gordon-banks-honoured-19718320.json
|
en
| null |
Football legend Gordon Banks honoured by Stoke-on-Trent pottery firm in new limited edition figurines
| 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
Football legend Gordon Banks has been immortalised in a ceramic figurine designed by a Stoke-on-Trent pottery company.
Emma Bailey Ceramics has created 72 14.5cm tall statuettes to commemorate the second anniversary of the goalkeeper’s death on February 12.
Gordon Banks died in 2019 at the age of 81.
He is known by football supporters from across the nation for his time with big-name clubs Leicester City and Stoke City and was also part of the team who cliniced England’s only ever World Cup win in 1966.
The new figurines have been produced to celebrate his life and the victorious Stoke City league cup win in 1972.
Emma Bailey, who runs the Middleport Pottery-based company, said: “We’re coming up to the second anniversary of Gordon Banks’ death on February 12 and this time I’ve painted him in his Stoke City strip at the 1972 League Cup – and there’s only 72 being made.
“All of the figurines are hand-painted by me so each one will be slightly different, but the design is the same.
“They will be decorated to order and people are able to order their own number.”
The first 10 figurines will be donated to the Stoke City Old Boys Association (SCOBA) and Gordon Banks’ family.
But the remaining 62 are now available for pre-order by the general public for £72.
The pottery firm has agreed to donate 10 per cent of the proceeds from each sale to the Alzheimer’s Society, which Gordon was an ambassador of.
Click here to sign up to the daily BusinessLive email
Emma said: “The figures are ideal for anybody who loves Gordon Banks, and we know that he was loved by the whole of the city despite which team they support.
“But I think this one will be very popular with Stoke City supporters because he’s been painted in the club colours, and of course, any collectors.
“They are only a small figurine but they take quite a lot of time to hand decorate, but it’s a real labour of love for me.”
The figurines can be ordered through the company’s website.
|
https://www.business-live.co.uk/enterprise/football-legend-gordon-banks-honoured-19718320
|
en
| 2021-01-29T00:00:00 |
www.business-live.co.uk/fd43e47c0edf76f4600d4ce2652e34151cabb75ae04b745b60989d02edb669c7.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\nFootball legend Gordon Banks has been immortalised in a ceramic figurine designed by a Stoke-on-Trent pottery company.\nEmma Bailey Ceramics has created 72 14.5cm tall statuettes to commemorate the second anniversary of the goalkeeper’s death on February 12.\nGordon Banks died in 2019 at the age of 81.\nHe is known by football supporters from across the nation for his time with big-name clubs Leicester City and Stoke City and was also part of the team who cliniced England’s only ever World Cup win in 1966.\nThe new figurines have been produced to celebrate his life and the victorious Stoke City league cup win in 1972.\nEmma Bailey, who runs the Middleport Pottery-based company, said: “We’re coming up to the second anniversary of Gordon Banks’ death on February 12 and this time I’ve painted him in his Stoke City strip at the 1972 League Cup – and there’s only 72 being made.\n“All of the figurines are hand-painted by me so each one will be slightly different, but the design is the same.\n“They will be decorated to order and people are able to order their own number.”\nThe first 10 figurines will be donated to the Stoke City Old Boys Association (SCOBA) and Gordon Banks’ family.\nBut the remaining 62 are now available for pre-order by the general public for £72.\nThe pottery firm has agreed to donate 10 per cent of the proceeds from each sale to the Alzheimer’s Society, which Gordon was an ambassador of.\nClick here to sign up to the daily BusinessLive email\nEmma said: “The figures are ideal for anybody who loves Gordon Banks, and we know that he was loved by the whole of the city despite which team they support.\n“But I think this one will be very popular with Stoke City supporters because he’s been painted in the club colours, and of course, any collectors.\n“They are only a small figurine but they take quite a lot of time to hand decorate, but it’s a real labour of love for me.”\nThe figurines can be ordered through the company’s website.",
"Football legend Gordon Banks honoured by Stoke-on-Trent pottery firm in new limited edition figurines",
"The products have been launched to commemorate the second anniversary of the goalkeeper's death on February 12"
] |
|
[
"Coreena Ford",
"Image",
"Nixon Hire"
] | 2021-01-14T13:56:30 | null | 2021-01-14T13:17:25 |
The Newcastle firm closed loss-making depots as part of changes to the business
|
https%3A%2F%2Fwww.business-live.co.uk%2Fenterprise%2Fnixon-hire-says-strong-position-19624900.json
|
en
| null |
Nixon Hire says it is in in strong position for 2021 after company restructure
| 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
Directors of Nixon Hire have hailed the firm’s resilience in the face of Covid-19, following a year of restructuring to refocus the firm and improve profitability.
The industrial equipment company, first formed 52 years ago and headquartered in Newcastle, initially operated as a plant hire company with room to service no more than three machines at a time.
The company has since grown to own and operate depots across the North East, Scotland, Cumbria and further afield, providing plant, tools, accommodation units, portable toilets and site equipment for hire.
Latest accounts for John Nixon Ltd – which trades as Nixon Hire – detail how the firm has spent more than a year restructuring the business, following the acquisition of Elliott Group Ltd’s portable toilet firm.
Turnover increased by 19.4% from £64.2m to £76.6m, with the acquisition seeing its toilet hire revenue increase by £3.7m.
Last year’s pre-tax profit of £2.7m, however, was converted to a loss of £675,000 due to a drop in usage of its hire fleet assets, and the acquisition. Operating profit dropped significantly too, from £4.17m to £1.4m. Headcount grew from 469 to 562 following the acquisition.
Despite the profit fall, the company invested £36.8m in new plant, its transport fleet and the general infrastructure of the business and said that, while 2019 “produced a satisfactory result”, the directors were aware that certain aspects of the business needed “refocussing and repositioning”.
In a report with the accounts, directors said: ““During 2019 we started to rationalise the business to improve profitability. Restructuring continued into 2020, including loss closing loss-making depots, reducing cost significantly and concentrating on maximising revenues.
“The business suffered initial disruption due in the early months of the pandemic. Higher revenue reduced by circa 40% and the majority of toilet event revenue was cancelled. Covid-19 has had minimal impact on profitability due to ongoing cost-cutting, reduced capital expenditure, the coronavirus job retention scheme grant and an increased demand for accommodation and welfare products.
“The directors are pleased with the resilience demonstrated by the business throughout 2020 and the improvements in utilisation and profitability observed following to re-focusing on the business.The directors have assessed business risks and modelled reasonably downside scenario is remain confident that the business has adequate headroom and its cash on borrowing facilities to withstand the for seeable risks.”
It added that the trading environment is expected to remain competitive for the foreseeable future, but the directors remain confident that the company can increase its market share and improve its trading performance.
Following publication of the accounts, Graham Nixon, managing director, said: “As a result of restructuring undertaken in 2019 and early 2020 as well as the measures taken to focus the business on those products most in demand due to the impact of Covid-19, the business is expected to have returned to profitability in 2020. In addition, our healthy balance sheet puts us in a strong position to continue to take advantage of opportunities as they arise in 2021 and beyond.”
|
https://www.business-live.co.uk/enterprise/nixon-hire-says-strong-position-19624900
|
en
| 2021-01-14T00:00:00 |
www.business-live.co.uk/58b0da9099ae12f58735eecc74d5f697d79fc2ccfa7d355a2fff2bbfbe2c4200.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\nDirectors of Nixon Hire have hailed the firm’s resilience in the face of Covid-19, following a year of restructuring to refocus the firm and improve profitability.\nThe industrial equipment company, first formed 52 years ago and headquartered in Newcastle, initially operated as a plant hire company with room to service no more than three machines at a time.\nThe company has since grown to own and operate depots across the North East, Scotland, Cumbria and further afield, providing plant, tools, accommodation units, portable toilets and site equipment for hire.\nLatest accounts for John Nixon Ltd – which trades as Nixon Hire – detail how the firm has spent more than a year restructuring the business, following the acquisition of Elliott Group Ltd’s portable toilet firm.\nTurnover increased by 19.4% from £64.2m to £76.6m, with the acquisition seeing its toilet hire revenue increase by £3.7m.\nLast year’s pre-tax profit of £2.7m, however, was converted to a loss of £675,000 due to a drop in usage of its hire fleet assets, and the acquisition. Operating profit dropped significantly too, from £4.17m to £1.4m. Headcount grew from 469 to 562 following the acquisition.\nDespite the profit fall, the company invested £36.8m in new plant, its transport fleet and the general infrastructure of the business and said that, while 2019 “produced a satisfactory result”, the directors were aware that certain aspects of the business needed “refocussing and repositioning”.\nIn a report with the accounts, directors said: ““During 2019 we started to rationalise the business to improve profitability. Restructuring continued into 2020, including loss closing loss-making depots, reducing cost significantly and concentrating on maximising revenues.\n“The business suffered initial disruption due in the early months of the pandemic. Higher revenue reduced by circa 40% and the majority of toilet event revenue was cancelled. Covid-19 has had minimal impact on profitability due to ongoing cost-cutting, reduced capital expenditure, the coronavirus job retention scheme grant and an increased demand for accommodation and welfare products.\n“The directors are pleased with the resilience demonstrated by the business throughout 2020 and the improvements in utilisation and profitability observed following to re-focusing on the business.The directors have assessed business risks and modelled reasonably downside scenario is remain confident that the business has adequate headroom and its cash on borrowing facilities to withstand the for seeable risks.”\nIt added that the trading environment is expected to remain competitive for the foreseeable future, but the directors remain confident that the company can increase its market share and improve its trading performance.\nFollowing publication of the accounts, Graham Nixon, managing director, said: “As a result of restructuring undertaken in 2019 and early 2020 as well as the measures taken to focus the business on those products most in demand due to the impact of Covid-19, the business is expected to have returned to profitability in 2020. In addition, our healthy balance sheet puts us in a strong position to continue to take advantage of opportunities as they arise in 2021 and beyond.”",
"Nixon Hire says it is in in strong position for 2021 after company restructure",
"The Newcastle firm closed loss-making depots as part of changes to the business"
] |
|
[
"Steve Robson",
"Tom Houghton"
] | 2021-01-29T05:32:18 | null | 1972-04-08T00:00:00 |
The plans approved in 2019 have been the subject of great controversy in the area
|
https%3A%2F%2Fwww.business-live.co.uk%2Fretail-consumer%2Fbattle-over-billionaire-fred-dones-19719339.json
|
en
| null |
Battle over billionaire Fred Done's Northern Quarter glass tower ends as councillors accept defeat
| 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 long-running battle over Fred Done's proposals to build a huge glass tower in Manchester's Northern Quarter is over after councillors accepted defeat.
Back in 2019, bookie Mr Done's construction firm Salboy won council approval to erect a 17-storey block of apartments next to Shudehill bus station - plans that sparked controversy in the area.
It came after various previous applications had been refused, with many people commenting that the building did not fit the Northern Quarter's aesthetic.
Councillors have now accepted defeat - but at a price, as the Manchester Evening News (MEN) reports.
Labour councillors for the Piccadilly ward Sam Wheeler, Jon-Connor Lyons and Adele Douglas all opposed the application and initially vowed to fight the decision all the way.
They were further incensed when the council's executive permitted yet another alteration for the tower to be an office development rather than residential under delegated powers last year.
However, opponents have now accepted they would be unlikely to stop the development happening and have instead focused on extracting a promise over Manchester council's land interest in the site.
Part of the plot is owned by the authority and it is understood the council is preparing to grant a 250-year lease to allow the development to go ahead.
Councillors Wheeler, Lyons and Douglas wrote an open letter to leader of the council Sir Richard Leese calling for cash generated by the deal to go towards the construction of affordable housing in their ward.
"This will contribute to the council's varied efforts to address the housing crisis, while also ensuring the opportunities being created in the urban core are accessible to Mancunians who otherwise could not afford to live here," they wrote.
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.
Sir Richard has now agreed to the proposal in principle, describing it as 'entirely appropriate'.
He told the MEN: "Piccadilly councillors have made it clear that they don't support the development but I'm please we have been able to agree on how the area can benefit from it through investment in genuinely affordable housing."
Manchester Council has set itself a target of seeing at least 32,000 homes built in the city between 2015 and 2025, of which 20 per cent will be affordable.
Last year, leaders admitted forecasts suggest the council will fall short of its affordable homes target, despite 'successful' partnerships with registered providers where council land is invested for affordable housing.
The authority is therefore in the process of setting up a council-owned development company to supply homes at, or below, Local Housing Allowance (LHA) levels, with the aim of delivering 500 properties per year.
At one stage, the Shudehill development was intended to be a residential scheme made up of 65 apartments - including a mix of one, two, three and four-beds - with commercial space for a bar or restaurant underneath.
In a viability assessment, Salboy the total building cost would be £20.3m with a profit yield of just 2.89 per cent, in part because it involved accommodating the remains of a 1920s warehouse.
There was no affordable housing contribution.
Salboy now plans to use the site for offices aimed at smaller, independent businesses in the digital and technology sector.
The developer says it is retaining the glass 'shard' design that has offended opponents, and that the overall height will remain the same, even though the new scheme is 16 storeys.
Each floor of the latest design will have to have slightly higher ceilings to accommodate office space requirements such as ventilation.
Simon Ismail of Salboy said at the time: "Having reviewed the residential development we already have planning permission for, we have decided to submit a new application for the site to change the use to allow us to instead provide much-needed office space.
"This would be targeted at the smaller creative, digital and tech businesses, which are increasingly looking to locate in the Northern Quarter.
"Externally, the new office development would look virtually identical to the residential scheme.
"It would have the same maximum height and the existing warehouse would still be retained.
"The scheme would also remain car-free.
"However, shifting the use to meet growing demand for this type of office space will work better commercially while also helping to bring new jobs to the area that can add even further to the vibrancy of the Northern Quarter.
"We think the revised application is positive for the area."
|
https://www.business-live.co.uk/retail-consumer/battle-over-billionaire-fred-dones-19719339
|
en
| 1972-04-08T00:00:00 |
www.business-live.co.uk/6a8bbb34f563c886770015ecdf180c3725315c984d8a9b012c1a84f0aa6bb99d.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 long-running battle over Fred Done's proposals to build a huge glass tower in Manchester's Northern Quarter is over after councillors accepted defeat.\nBack in 2019, bookie Mr Done's construction firm Salboy won council approval to erect a 17-storey block of apartments next to Shudehill bus station - plans that sparked controversy in the area.\nIt came after various previous applications had been refused, with many people commenting that the building did not fit the Northern Quarter's aesthetic.\nCouncillors have now accepted defeat - but at a price, as the Manchester Evening News (MEN) reports.\nLabour councillors for the Piccadilly ward Sam Wheeler, Jon-Connor Lyons and Adele Douglas all opposed the application and initially vowed to fight the decision all the way.\nThey were further incensed when the council's executive permitted yet another alteration for the tower to be an office development rather than residential under delegated powers last year.\nHowever, opponents have now accepted they would be unlikely to stop the development happening and have instead focused on extracting a promise over Manchester council's land interest in the site.\nPart of the plot is owned by the authority and it is understood the council is preparing to grant a 250-year lease to allow the development to go ahead.\nCouncillors Wheeler, Lyons and Douglas wrote an open letter to leader of the council Sir Richard Leese calling for cash generated by the deal to go towards the construction of affordable housing in their ward.\n\"This will contribute to the council's varied efforts to address the housing crisis, while also ensuring the opportunities being created in the urban core are accessible to Mancunians who otherwise could not afford to live here,\" they wrote.\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.\nSir Richard has now agreed to the proposal in principle, describing it as 'entirely appropriate'.\nHe told the MEN: \"Piccadilly councillors have made it clear that they don't support the development but I'm please we have been able to agree on how the area can benefit from it through investment in genuinely affordable housing.\"\nManchester Council has set itself a target of seeing at least 32,000 homes built in the city between 2015 and 2025, of which 20 per cent will be affordable.\nLast year, leaders admitted forecasts suggest the council will fall short of its affordable homes target, despite 'successful' partnerships with registered providers where council land is invested for affordable housing.\nThe authority is therefore in the process of setting up a council-owned development company to supply homes at, or below, Local Housing Allowance (LHA) levels, with the aim of delivering 500 properties per year.\nAt one stage, the Shudehill development was intended to be a residential scheme made up of 65 apartments - including a mix of one, two, three and four-beds - with commercial space for a bar or restaurant underneath.\nIn a viability assessment, Salboy the total building cost would be £20.3m with a profit yield of just 2.89 per cent, in part because it involved accommodating the remains of a 1920s warehouse.\nThere was no affordable housing contribution.\nSalboy now plans to use the site for offices aimed at smaller, independent businesses in the digital and technology sector.\nThe developer says it is retaining the glass 'shard' design that has offended opponents, and that the overall height will remain the same, even though the new scheme is 16 storeys.\nEach floor of the latest design will have to have slightly higher ceilings to accommodate office space requirements such as ventilation.\nSimon Ismail of Salboy said at the time: \"Having reviewed the residential development we already have planning permission for, we have decided to submit a new application for the site to change the use to allow us to instead provide much-needed office space.\n\"This would be targeted at the smaller creative, digital and tech businesses, which are increasingly looking to locate in the Northern Quarter.\n\"Externally, the new office development would look virtually identical to the residential scheme.\n\"It would have the same maximum height and the existing warehouse would still be retained.\n\"The scheme would also remain car-free.\n\"However, shifting the use to meet growing demand for this type of office space will work better commercially while also helping to bring new jobs to the area that can add even further to the vibrancy of the Northern Quarter.\n\"We think the revised application is positive for the area.\"",
"Battle over billionaire Fred Done's Northern Quarter glass tower ends as councillors accept defeat",
"The plans approved in 2019 have been the subject of great controversy in the area"
] |
|
[
"Jonathon Manning",
"Image",
"Pockit"
] | 2021-01-22T15:44:26 | null | 1968-11-03T00:00:00 |
Pockit aims to provide current accounts for customers who have been let down by traditional high street banks
|
https%3A%2F%2Fwww.business-live.co.uk%2Ftechnology%2Ffintech-pockit-newcastle-jobs-office-19680965.json
|
en
| null |
Dozens of jobs created in Newcastle after mobile banking firm Pockit moves into city
| null | null |
www.business-live.co.uk
|
Sign up to FREE email alerts from BusinessLive - Tech Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email
A challenger bank has created 30 jobs in Newcastle after opening an office in the city centre.
London headquartered Pockit, which provides bank accounts for people with poor credit scores, has opened a new base in Newcastle as part of its expansion plans.
The fintech firm has already recruited 30 to work in its North East office and is looking to double its headcount soon.
Pockit's CEO and founder, Virraj Jatania, said the business decided to set up shop in Newcastle because of its access to a highly skilled talent pool and its growing reputation as a centre for tech firms.
He said: “Our decision to set up an office Newcastle and join their thriving and fast-growing fintech community was down to the collaborative nature of the business community, its ability to attract and retain talent and reputation as a place to grow a tech business.
"We were quickly able to set up our offices and hire a skilled high-performing team. We have a high number of customers from the north of the UK, which also added value and the talent pool of graduates from Newcastle's two major universities and the city's quality of life were decisive points when we compared the city with other locations."
Pockit's new office has been opened in one of HiveTree's commercial properties. HiveTree has a number of locations around Newcastle and is aiming to create a cluster of community-drive, tech focused workspaces.
(Image: Pockit)
Pockit was able to carry out its expansion plans after securing £15m of investment during 2020. This included £15m raised through a Series B funding round from existing and new investors, as well as almost £1.4m which was raised through crowdfunding.
Mr Jatania said: “Launching a crowdfunding campaign has been an ambition of ours for some time and the time to accelerate is right now; the Covid recession and the end of furlough schemes will disproportionately affect the financially underserved. Some 12 million people in the UK need a solution urgently, and we believe Pockit is that solution. We look forward to growing and supporting people from our brand-new offices in Newcastle.”
The company's move to the North East was supported by Invest Newcastle, which promotes inward investment to the city.
“Invest Newcastle have supported us on throughout our journey, assisting with our business case, signposting us to local funding opportunities, identifying strategic business opportunities and making vital introductions. The team have been helpful and are a great source of local knowledge and support," added Mr Jatania.
Jennifer Hartley, director of Invest Newcastle and Dynamo Advisory Board member, said: “We are delighted that Pockit will be joining our forward-thinking and ambitious business community.
"We are home to a thriving digital and tech ecosystem and now more than ever we need to build our economy around our strengths – creating jobs, retaining talent, and positioning our city as a career destination. Our unique eco-system, talent and experienced and supportive business community is helping us to reimagine our new world.
(Image: Pockit)
“Over the last year we have had notable successes in attracting investment, despite the uncertainty of Brexit and the impact of coronavirus. This move from Pockit, further highlights our city’s digital strengths and that you do not need to be in London to have an exciting and ambitious tech career. “
The move has also been welcomed by Newcastle City Council.
Coun Ged Bell, cabinet member for employment and culture at Newcastle City Council, said: “This new investment in Newcastle is testament to the confidence businesses have in our city as a place to locate and grow their business and we cannot wait to watch Pockit grow and thrive here.
"Inward Investment plays a vital role in the creation of jobs and opportunities for those who live and work here. We are confident this will be the first of many businesses choosing Newcastle as we start the new year and work towards economic recovery.”
|
https://www.business-live.co.uk/technology/fintech-pockit-newcastle-jobs-office-19680965
|
en
| 1968-11-03T00:00:00 |
www.business-live.co.uk/be13bc271ed77b224a1876ab1572c95c40195f2156c15c3a2a695bd3bc13b065.json
|
[
"Sign up to FREE email alerts from BusinessLive - Tech Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email\nA challenger bank has created 30 jobs in Newcastle after opening an office in the city centre.\nLondon headquartered Pockit, which provides bank accounts for people with poor credit scores, has opened a new base in Newcastle as part of its expansion plans.\nThe fintech firm has already recruited 30 to work in its North East office and is looking to double its headcount soon.\nPockit's CEO and founder, Virraj Jatania, said the business decided to set up shop in Newcastle because of its access to a highly skilled talent pool and its growing reputation as a centre for tech firms.\nHe said: “Our decision to set up an office Newcastle and join their thriving and fast-growing fintech community was down to the collaborative nature of the business community, its ability to attract and retain talent and reputation as a place to grow a tech business.\n\"We were quickly able to set up our offices and hire a skilled high-performing team. We have a high number of customers from the north of the UK, which also added value and the talent pool of graduates from Newcastle's two major universities and the city's quality of life were decisive points when we compared the city with other locations.\"\nPockit's new office has been opened in one of HiveTree's commercial properties. HiveTree has a number of locations around Newcastle and is aiming to create a cluster of community-drive, tech focused workspaces.\n(Image: Pockit)\nPockit was able to carry out its expansion plans after securing £15m of investment during 2020. This included £15m raised through a Series B funding round from existing and new investors, as well as almost £1.4m which was raised through crowdfunding.\nMr Jatania said: “Launching a crowdfunding campaign has been an ambition of ours for some time and the time to accelerate is right now; the Covid recession and the end of furlough schemes will disproportionately affect the financially underserved. Some 12 million people in the UK need a solution urgently, and we believe Pockit is that solution. We look forward to growing and supporting people from our brand-new offices in Newcastle.”\nThe company's move to the North East was supported by Invest Newcastle, which promotes inward investment to the city.\n“Invest Newcastle have supported us on throughout our journey, assisting with our business case, signposting us to local funding opportunities, identifying strategic business opportunities and making vital introductions. The team have been helpful and are a great source of local knowledge and support,\" added Mr Jatania.\nJennifer Hartley, director of Invest Newcastle and Dynamo Advisory Board member, said: “We are delighted that Pockit will be joining our forward-thinking and ambitious business community.\n\"We are home to a thriving digital and tech ecosystem and now more than ever we need to build our economy around our strengths – creating jobs, retaining talent, and positioning our city as a career destination. Our unique eco-system, talent and experienced and supportive business community is helping us to reimagine our new world.\n(Image: Pockit)\n“Over the last year we have had notable successes in attracting investment, despite the uncertainty of Brexit and the impact of coronavirus. This move from Pockit, further highlights our city’s digital strengths and that you do not need to be in London to have an exciting and ambitious tech career. “\nThe move has also been welcomed by Newcastle City Council.\nCoun Ged Bell, cabinet member for employment and culture at Newcastle City Council, said: “This new investment in Newcastle is testament to the confidence businesses have in our city as a place to locate and grow their business and we cannot wait to watch Pockit grow and thrive here.\n\"Inward Investment plays a vital role in the creation of jobs and opportunities for those who live and work here. We are confident this will be the first of many businesses choosing Newcastle as we start the new year and work towards economic recovery.”",
"Dozens of jobs created in Newcastle after mobile banking firm Pockit moves into city",
"Pockit aims to provide current accounts for customers who have been let down by traditional high street banks"
] |
|
[
"David Laister",
"Image",
"Px Group"
] | 2021-01-25T11:05:02 | null | 2021-01-25T08:42:58 |
100 jobs to be created if facility is given the go-ahead for Humber strategic location
|
https%3A%2F%2Fwww.business-live.co.uk%2Fmanufacturing%2Fplans-submitted-90m-pensana-magnet-19692624.json
|
en
| null |
Plans submitted for £90m Pensana magnet metals site to feed electric vehicles and wind turbines
| 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
Plans for a complex chemical engineering plant to kickstart a magnet metal supply chain from the Humber Bank have been submitted.
Pensana Rare Earth’s proposed processing facility at Saltend is valued at more than £90 million, and could create 100 jobs once operating.
The oxide separation site would feed in mined materials from the company’s African explorations, with the end products produced by other businesses going into wind turbines and electric vehicles.
Engineering giant Wood Group is designing the facility, which would become one of the world’s largest producers of rare earth oxides.
Pensana’s chairman, Paul Atherley, said: “We have been delighted with the enthusiastic support from a broad range of stakeholders for this proposed investment, which will create high value manufacturing jobs in the Humber region and will be an important step in establishing the world’s first sustainable mine to magnet metal supply chain in the UK.
"The plug and play services provided by the PX Group at the world-class Saltend Chemicals Park have substantially reduced the capital cost of the proposed facility, allowing us to focus on the operational aspects of the investment and providing scope for our longer-term ambitions.
(Image: PX Group)
“We look forward to working with local stakeholders on establishing the approvals for this investment in high value manufacturing in the UK.”
The London Stock Exchange-listed firm announced the potential investment last month, with the Humber preferred to sites in Merseyside, Teesside and Germany. As highlighted, the gas, electricity and chemical availability and connectivity at Saltend was key.
The application, to East Riding Council, is expected to take up to three months to review.
PX Group’s commercial manager, Garry Gibbon, told of the enthusiasm for the project earlier this month.
“We are absolutely delighted to welcome Pensana on to the site,” he said. “We bought the site as the operating company in March 2018 and this is the first company that has committed over the two years.”
The enquiry came through via Humber Local Enterprise Partnership in November, underlining the pace of the investment, as mining for the materials has ramped up in Angola.
|
https://www.business-live.co.uk/manufacturing/plans-submitted-90m-pensana-magnet-19692624
|
en
| 2021-01-25T00:00:00 |
www.business-live.co.uk/182e6151ad657b0790c054175799dd0eeb97d9204997ee855d4bc4961644a719.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\nPlans for a complex chemical engineering plant to kickstart a magnet metal supply chain from the Humber Bank have been submitted.\nPensana Rare Earth’s proposed processing facility at Saltend is valued at more than £90 million, and could create 100 jobs once operating.\nThe oxide separation site would feed in mined materials from the company’s African explorations, with the end products produced by other businesses going into wind turbines and electric vehicles.\nEngineering giant Wood Group is designing the facility, which would become one of the world’s largest producers of rare earth oxides.\nPensana’s chairman, Paul Atherley, said: “We have been delighted with the enthusiastic support from a broad range of stakeholders for this proposed investment, which will create high value manufacturing jobs in the Humber region and will be an important step in establishing the world’s first sustainable mine to magnet metal supply chain in the UK.\n\"The plug and play services provided by the PX Group at the world-class Saltend Chemicals Park have substantially reduced the capital cost of the proposed facility, allowing us to focus on the operational aspects of the investment and providing scope for our longer-term ambitions.\n(Image: PX Group)\n“We look forward to working with local stakeholders on establishing the approvals for this investment in high value manufacturing in the UK.”\nThe London Stock Exchange-listed firm announced the potential investment last month, with the Humber preferred to sites in Merseyside, Teesside and Germany. As highlighted, the gas, electricity and chemical availability and connectivity at Saltend was key.\nThe application, to East Riding Council, is expected to take up to three months to review.\nPX Group’s commercial manager, Garry Gibbon, told of the enthusiasm for the project earlier this month.\n“We are absolutely delighted to welcome Pensana on to the site,” he said. “We bought the site as the operating company in March 2018 and this is the first company that has committed over the two years.”\nThe enquiry came through via Humber Local Enterprise Partnership in November, underlining the pace of the investment, as mining for the materials has ramped up in Angola.",
"Plans submitted for £90m Pensana magnet metals site to feed electric vehicles and wind turbines",
"100 jobs to be created if facility is given the go-ahead for Humber strategic location"
] |
|
[
"David Laister"
] | 2021-01-04T13:17:13 | null | 2021-01-04T09:38:00 |
Doncaster and Huddersfield welcome 3,000 sq ft stores from fast-growing online to bricks-and-mortar retailer
|
https%3A%2F%2Fwww.business-live.co.uk%2Fretail-consumer%2Fflooring-superstore-opens-two-new-19558854.json
|
en
| null |
Flooring Superstore opens two new outlets in Yorkshire
| 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
One of the UK’s fastest growing retailers has invested £300,000 in two new outlets in Yorkshire.
Flooring Superstore recently opened in Huddersfield and Doncaster.
The retailer, which started life online in 2012 and only ventured into 'bricks and mortar' in 2017, now has a 2,900 sq ft store on the Wheatley Hall Trade Park in Doncaster, and a 3,000 sq ft outlet on the Castlegate Retail Park in Huddersfield.
Six new jobs have been created as it clocks up 25 outlets.
Flooring Superstore regional manager Grieg Anderson said: “Our plan is to open stores in large conurbations and Huddersfield and Doncaster certainly fit the bill.
“We’re delighted to have been able to open stores in two busy retail area areas with so much footfall.
“We’re also looking forward to making our own contribution towards supporting the local retail economy which, after last year, has never been more important.”
It stocks a range of carpets as well as a huge choice of other flooring, such as vinyl, laminate, real wood, luxury vinyl tiles, EvoCore and claims to have the UK’s largest selection of artificial grass.
|
https://www.business-live.co.uk/retail-consumer/flooring-superstore-opens-two-new-19558854
|
en
| 2021-01-04T00:00:00 |
www.business-live.co.uk/1355e9377d7541edfb880ba9249fbc12c94cbae5a0aac95bff0186169cfeb8ba.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\nOne of the UK’s fastest growing retailers has invested £300,000 in two new outlets in Yorkshire.\nFlooring Superstore recently opened in Huddersfield and Doncaster.\nThe retailer, which started life online in 2012 and only ventured into 'bricks and mortar' in 2017, now has a 2,900 sq ft store on the Wheatley Hall Trade Park in Doncaster, and a 3,000 sq ft outlet on the Castlegate Retail Park in Huddersfield.\nSix new jobs have been created as it clocks up 25 outlets.\nFlooring Superstore regional manager Grieg Anderson said: “Our plan is to open stores in large conurbations and Huddersfield and Doncaster certainly fit the bill.\n“We’re delighted to have been able to open stores in two busy retail area areas with so much footfall.\n“We’re also looking forward to making our own contribution towards supporting the local retail economy which, after last year, has never been more important.”\nIt stocks a range of carpets as well as a huge choice of other flooring, such as vinyl, laminate, real wood, luxury vinyl tiles, EvoCore and claims to have the UK’s largest selection of artificial grass.",
"Flooring Superstore opens two new outlets in Yorkshire",
"Doncaster and Huddersfield welcome 3,000 sq ft stores from fast-growing online to bricks-and-mortar retailer"
] |
|
[
"Hannah Baker",
"Image",
"Vanessa Loring Pexels"
] | 2021-01-08T08:31:05 | null | 2021-01-08T08:00:00 |
The company has agreed a deal to take 18,000 sq ft of extra warehouse space at St Modwen's industrial and logistics park in Avonmouth near Bristol
|
https%3A%2F%2Fwww.business-live.co.uk%2Fcommercial-property%2Fplant-ex-ingredients-create-25-19572472.json
|
en
| null |
Plant-Ex Ingredients to create 25 jobs as part of expansion plans
| 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 natural food ingredients company in Avonmouth is planning to expand into new warehouse space and create 25 jobs as part of major expansion plans.
Plant-Ex Ingredients has agreed a deal with property development business St Modwen to double its occupied space to more than 30,000 sq ft at the developer’s £260million industrial and logistics park, Access 18.
The international food manufacturer signed a 15-year contract for more than 18,000 sq ft of extra space at St. Modwen’s flagship South West scheme.
Plant-ex will now occupy three units at the site following its relocation to the park in 2018.
Thomas Drewett, director at Plant-Ex Ingredients, said: “Our business has grown exponentially over the last few years, so it was extremely helpful that we were able to expand our floor space here without having to uproot and move.
“As a global company, we wanted to remain close to the M5 and the Avonmouth Docks. This prime location gives us direct access to some of the major distribution networks in the UK and beyond.”
More than one million sq ft of industrial and logistics space has been delivered at Access 18 so far and, once complete, the development is expected to have created more than 2,200 jobs, according to St Modwen.
A number of major industrial and logistics businesses are already based at the site including Ocado Retail’s first mini customer fulfilment centre, global courier Hermes Parcelnet Ltd and French car manufacturer Peugeot.
Gemma Butler, development and leasing manager at St. Modwen Industrial & Logistics, added: “Plant-Ex Ingredients’ decision to expand at Access 18 is testament to the quality and versatility of the scheme."
|
https://www.business-live.co.uk/commercial-property/plant-ex-ingredients-create-25-19572472
|
en
| 2021-01-08T00:00:00 |
www.business-live.co.uk/ccf189dea270bced92ce95de8e4810d2ea2b5a9d11785d500f681c6bcd0073f2.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 natural food ingredients company in Avonmouth is planning to expand into new warehouse space and create 25 jobs as part of major expansion plans.\nPlant-Ex Ingredients has agreed a deal with property development business St Modwen to double its occupied space to more than 30,000 sq ft at the developer’s £260million industrial and logistics park, Access 18.\nThe international food manufacturer signed a 15-year contract for more than 18,000 sq ft of extra space at St. Modwen’s flagship South West scheme.\nPlant-ex will now occupy three units at the site following its relocation to the park in 2018.\nThomas Drewett, director at Plant-Ex Ingredients, said: “Our business has grown exponentially over the last few years, so it was extremely helpful that we were able to expand our floor space here without having to uproot and move.\n“As a global company, we wanted to remain close to the M5 and the Avonmouth Docks. This prime location gives us direct access to some of the major distribution networks in the UK and beyond.”\nMore than one million sq ft of industrial and logistics space has been delivered at Access 18 so far and, once complete, the development is expected to have created more than 2,200 jobs, according to St Modwen.\nA number of major industrial and logistics businesses are already based at the site including Ocado Retail’s first mini customer fulfilment centre, global courier Hermes Parcelnet Ltd and French car manufacturer Peugeot.\nGemma Butler, development and leasing manager at St. Modwen Industrial & Logistics, added: “Plant-Ex Ingredients’ decision to expand at Access 18 is testament to the quality and versatility of the scheme.\"",
"Plant-Ex Ingredients to create 25 jobs as part of expansion plans",
"The company has agreed a deal to take 18,000 sq ft of extra warehouse space at St Modwen's industrial and logistics park in Avonmouth near Bristol"
] |
|
[
"Ed Oldfield",
"William Telford"
] | 2021-01-14T10:05:18 | null | 2021-01-14T08:44:09 |
Two-year programme to create flats and a conference centre out of former council nerve centre is part of major plans for city centre
|
https%3A%2F%2Fwww.business-live.co.uk%2Feconomic-development%2Fstart-date-given-regeneration-plymouths-19622192.json
|
en
| null |
Start date given for regeneration of Plymouth's towering Civic Centre
| 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
Regeneration of Plymouth's towering former Civic Centre and nearby Guildhall are expected to start in 2022 as part of a series of investments in Plymouth city centre worth almost £400million and set to create hundreds of new jobs.
Plans are being drawn up for improvements at the historic Guildhall and to create an international conference centre in the basement of the empty Civic Centre on the opposite side of the Civic Square, which will also undergo a major upgrade.
The construction schemes will be funded by £12million awarded to Plymouth City Council by the Government from its Future High Streets Fund, and were outlined by Cabinet member for finance and city centre champion Cllr Mark Lowry at a meeting of the local authority..
They are part of an estimated £385million worth of investment planned in the city centre, predicted to support 5,000 construction jobs and result in 1,000 permanent new jobs.
Councillors heard that the city council had been working with Manchester-based developer Urban Splash and the University of Plymouth on the Civic Centre plans. A final decision on the Government grant is expected at the end of March, with work on both buildings expected to start in 2022.
The Guildhall is expected to be completed a year later, with the Civic Centre, renamed by Urban Splash as The Civic, finished in 2024. Urban Splash will also create 144 homes by converting the 14-floor tower block, which was given planning permission in January 2020, four years after the developer bought the empty listed former council HQ building for a token £1.
Matt Ward, the council’s head of strategic development projects, said an international conference centre would be created in the basement, with linked space in the south block, and a creative hub for the university in the north block.
Across the Civic Square, the Guildhall will undergo a major programme of work to upgrade facilities to host events, with internal alterations and improvements to catering, IT, sound and lighting.
Cllr Lowry said the city was short of conference facilities and the projects would attract an extra 46,000 visitors to the city, with an economic impact of around £5million and an extra 25,000 hotel stays a year.
He told a meeting of the Labour-run city council’s Cabinet: “It’s a great opportunity for us to finally deal with the sore of the Civic Centre that’s been standing there for many years empty. We will bring it back to life, and more importantly it’s going to add to the economic benefit of our city, and the centre.”
He gave a reassurance that the historic Guildhall, which is a listed building, would not be harmed during the process, but would be brought up to date with alterations and improvements so it could be better used.
WHAT DO YOU THINK OF PLANS FOR PLYMOUTH CITY CENTRE? PLEASE LEAVE A COMMENT BELOW
The Guildhall and the conference centre schemes are both due to go through the planning process. Pre-application discussions have taken place for the Guildhall, on repair, refurbishment and enhancement work to host multi-purpose events.
A planning application, and request for listed building consent, have been submitted for a standalone energy centre at the Guildhall, to provide a new environmentally-friendly heating system. The high temperature air source heat pump would be connected to a network also serving the former Civic Centre and the council-owned Midland House.
Pre-application discussions have taken place for the conference centre scheme, which is expected to be followed by a full planning application.
The £3million upgrade for the Civic Square is also at the pre-application stage, with discussions taking place. The new design for the public area would include an upgraded coffee kiosk pavilion, new tree planting and landscaping work, with an improved drainage system.
Images of what the area could look like show the city centre flagpoles relocated from alongside the Guildhall to outside the Civic Centre, and mini fountains in low-level water features.
The public square was built between 1957 and 1962, designed by Geoffrey Jellicoe, and established as part of the civic layout of Plymouth planned in 1956 by the city architect HJW Stirling and based on Patrick Abercrombie and J Paton Watson’s post-war plan for Plymouth of 1943.
The regeneration schemes support the city council’s Resurgam programme, a public and private sector partnership to stimulate post-Covid recovery following the severe economic impact of the pandemic.
Councillors heard that the city centre had seen recent openings of Hugo Boss in Drake Circus, German Doner Kebab in Armada Way and Evans Cycles moving to new George Street, with BrewDog in the Barcode cinema complex and retailer B&M due to open in Armada Way later this year.
A 94-bed Oyo hotel has opened in New George Street in New George Street, and work has been completed on the former Derry’s Cross scheme providing 500 student places and a 110-bed Premier Inn, which is expected to open later this year.
The Cabinet was told funding from a £22million award by the Government from its Transforming Cities Fund included £2million for bus infrastructure, £12million for walking, cycling and public transport improvements, £7million on cycle routes linking the centre to Devonport, the Dockyard and St Budeaux, with other investment in workplace travel, cargo bikes and bus services.
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.
Work has started on the Brunel Plaza redevelopment of the railway station and surrounding area, with the university taking a lease on the Intercity House tower block, and schemes in the pipeline include a new health hub as part of the redevelopment of Colin Campbell Court.
Other projects including the start of £7million of outdoor improvements to Old Town Street and new George Street, and £1.5million of improvements in Frankfort Gate and Western Approach including the demolition of a footbridge across the main road.
Mr Ward said the projects outlined would provide an estimated 1,000 permanent jobs and more than 5,000 construction jobs, in schemes amounting to a total investment of £385million, with £16million from the council and £52million grant funding from other agencies.
He said: “We really are working extremely hard to secure investment into the city centre, in order to make it a place that people want to come and visit and make it a place that will hopefully be thriving for years to come.”
Cllr Lowry said the nearest Hugo Boss stores were in Bristol and Southampton, which showed the confidence of premier brands in the city. City council leader Tudor Evans said Plymouth was in a better position than competitor cities, and was facing the future with confidence.
|
https://www.business-live.co.uk/economic-development/start-date-given-regeneration-plymouths-19622192
|
en
| 2021-01-14T00:00:00 |
www.business-live.co.uk/045f198eff74f09a645d8e4adcfed38fa9f5b7419b93110d221b2fc8fb8febdf.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\nRegeneration of Plymouth's towering former Civic Centre and nearby Guildhall are expected to start in 2022 as part of a series of investments in Plymouth city centre worth almost £400million and set to create hundreds of new jobs.\nPlans are being drawn up for improvements at the historic Guildhall and to create an international conference centre in the basement of the empty Civic Centre on the opposite side of the Civic Square, which will also undergo a major upgrade.\nThe construction schemes will be funded by £12million awarded to Plymouth City Council by the Government from its Future High Streets Fund, and were outlined by Cabinet member for finance and city centre champion Cllr Mark Lowry at a meeting of the local authority..\nThey are part of an estimated £385million worth of investment planned in the city centre, predicted to support 5,000 construction jobs and result in 1,000 permanent new jobs.\nCouncillors heard that the city council had been working with Manchester-based developer Urban Splash and the University of Plymouth on the Civic Centre plans. A final decision on the Government grant is expected at the end of March, with work on both buildings expected to start in 2022.\nThe Guildhall is expected to be completed a year later, with the Civic Centre, renamed by Urban Splash as The Civic, finished in 2024. Urban Splash will also create 144 homes by converting the 14-floor tower block, which was given planning permission in January 2020, four years after the developer bought the empty listed former council HQ building for a token £1.\nMatt Ward, the council’s head of strategic development projects, said an international conference centre would be created in the basement, with linked space in the south block, and a creative hub for the university in the north block.\nAcross the Civic Square, the Guildhall will undergo a major programme of work to upgrade facilities to host events, with internal alterations and improvements to catering, IT, sound and lighting.\nCllr Lowry said the city was short of conference facilities and the projects would attract an extra 46,000 visitors to the city, with an economic impact of around £5million and an extra 25,000 hotel stays a year.\nHe told a meeting of the Labour-run city council’s Cabinet: “It’s a great opportunity for us to finally deal with the sore of the Civic Centre that’s been standing there for many years empty. We will bring it back to life, and more importantly it’s going to add to the economic benefit of our city, and the centre.”\nHe gave a reassurance that the historic Guildhall, which is a listed building, would not be harmed during the process, but would be brought up to date with alterations and improvements so it could be better used.\nWHAT DO YOU THINK OF PLANS FOR PLYMOUTH CITY CENTRE? PLEASE LEAVE A COMMENT BELOW\nThe Guildhall and the conference centre schemes are both due to go through the planning process. Pre-application discussions have taken place for the Guildhall, on repair, refurbishment and enhancement work to host multi-purpose events.\nA planning application, and request for listed building consent, have been submitted for a standalone energy centre at the Guildhall, to provide a new environmentally-friendly heating system. The high temperature air source heat pump would be connected to a network also serving the former Civic Centre and the council-owned Midland House.\nPre-application discussions have taken place for the conference centre scheme, which is expected to be followed by a full planning application.\nThe £3million upgrade for the Civic Square is also at the pre-application stage, with discussions taking place. The new design for the public area would include an upgraded coffee kiosk pavilion, new tree planting and landscaping work, with an improved drainage system.\nImages of what the area could look like show the city centre flagpoles relocated from alongside the Guildhall to outside the Civic Centre, and mini fountains in low-level water features.\nThe public square was built between 1957 and 1962, designed by Geoffrey Jellicoe, and established as part of the civic layout of Plymouth planned in 1956 by the city architect HJW Stirling and based on Patrick Abercrombie and J Paton Watson’s post-war plan for Plymouth of 1943.\nThe regeneration schemes support the city council’s Resurgam programme, a public and private sector partnership to stimulate post-Covid recovery following the severe economic impact of the pandemic.\nCouncillors heard that the city centre had seen recent openings of Hugo Boss in Drake Circus, German Doner Kebab in Armada Way and Evans Cycles moving to new George Street, with BrewDog in the Barcode cinema complex and retailer B&M due to open in Armada Way later this year.\nA 94-bed Oyo hotel has opened in New George Street in New George Street, and work has been completed on the former Derry’s Cross scheme providing 500 student places and a 110-bed Premier Inn, which is expected to open later this year.\nThe Cabinet was told funding from a £22million award by the Government from its Transforming Cities Fund included £2million for bus infrastructure, £12million for walking, cycling and public transport improvements, £7million on cycle routes linking the centre to Devonport, the Dockyard and St Budeaux, with other investment in workplace travel, cargo bikes and bus services.\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.\nWork has started on the Brunel Plaza redevelopment of the railway station and surrounding area, with the university taking a lease on the Intercity House tower block, and schemes in the pipeline include a new health hub as part of the redevelopment of Colin Campbell Court.\nOther projects including the start of £7million of outdoor improvements to Old Town Street and new George Street, and £1.5million of improvements in Frankfort Gate and Western Approach including the demolition of a footbridge across the main road.\nMr Ward said the projects outlined would provide an estimated 1,000 permanent jobs and more than 5,000 construction jobs, in schemes amounting to a total investment of £385million, with £16million from the council and £52million grant funding from other agencies.\nHe said: “We really are working extremely hard to secure investment into the city centre, in order to make it a place that people want to come and visit and make it a place that will hopefully be thriving for years to come.”\nCllr Lowry said the nearest Hugo Boss stores were in Bristol and Southampton, which showed the confidence of premier brands in the city. City council leader Tudor Evans said Plymouth was in a better position than competitor cities, and was facing the future with confidence.",
"Start date given for regeneration of Plymouth's towering Civic Centre",
"Two-year programme to create flats and a conference centre out of former council nerve centre is part of major plans for city centre"
] |
|
[
"Alistair Houghton",
"Henry Saker-Clark",
"Image",
"Pa"
] | 2021-01-01T03:35:17 | null | 2021-01-01T03:00:00 |
Warning 200,000 retail jobs could go in 2021 as people continue shopping online
|
https%3A%2F%2Fwww.business-live.co.uk%2Fretail-consumer%2Fshops-cut-176718-jobs-2020-19546310.json
|
en
| null |
Shops cut 176,718 jobs in 2020 as pandemic hits UK high streets - and worse could follow in 2021
| 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
More than 176,000 retail jobs were lost in 2020 - and analysts say worse could follow this year as the UK economy struggles to recover from the impact of the Covid-19 pandemic.
The latest data from the Centre for Retail Research (CRR) showed some 3,400 jobs within the retail sector vanished each week during the year, with 176,718 jobs lost in total.
That was up by almost a quarter on the 143,128 overall jobs lost in 2019. And the centre warned that as many as 200,000 jobs on the high street could be lost in 2021 as retailers face debt burdens, changes to legislation and continued online growth.
The CRR said 71,811 jobs were lost through retailers falling into administration. Brands including Debenhams, Edinburgh Woollen Mill Group and Arcadia cut jobs this year after going into administration.
Another 11,986 jobs were lost through company voluntary arrangement (CVA) deals to close loss-making stores. retailers to use CVAs included River Island, New Look and Clarks.
And 92,921 jobs were lost through “rationalisation” and cost-cutting programmes by retailers large and small.
Professor Joshua Bamfield, a director at the CRR, fears up to 200,000 jobs could go in 2021.
He said: "Our forecast is based upon a number of factors such as the cumulative effects of months of closure and its impact upon cash flow and rent arrears that will be payable when the moratorium ends.
“Whilst the longer-term effects of the greater use by shoppers of all kinds of online retailing is likely to be hugely damaging for physical stores.”
Commercial property adviser Altus Group said 436,000 business premises in England were now closed under Tier 3 and 4 restrictions, including 310,504 non-essential shops, 37,581 pubs and 27,028 restaurants.
The current business rates holiday is set to end in March.
Robert Hayton, head of property tax at Altus Group, said: “It is crucial that government ensures future support is targeted to where it is needed, including funding the Valuation Office so it can expedite settlement of the tens of thousands of formal challenges against business rates assessments that must now be reduced to reflect the impact of Covid before bills are sent out.”
|
https://www.business-live.co.uk/retail-consumer/shops-cut-176718-jobs-2020-19546310
|
en
| 2021-01-01T00:00:00 |
www.business-live.co.uk/51ff938a3ac8954cd56ea2f2ff29d44e19bfa98d27db29474ed4512a179c7281.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\nMore than 176,000 retail jobs were lost in 2020 - and analysts say worse could follow this year as the UK economy struggles to recover from the impact of the Covid-19 pandemic.\nThe latest data from the Centre for Retail Research (CRR) showed some 3,400 jobs within the retail sector vanished each week during the year, with 176,718 jobs lost in total.\nThat was up by almost a quarter on the 143,128 overall jobs lost in 2019. And the centre warned that as many as 200,000 jobs on the high street could be lost in 2021 as retailers face debt burdens, changes to legislation and continued online growth.\nThe CRR said 71,811 jobs were lost through retailers falling into administration. Brands including Debenhams, Edinburgh Woollen Mill Group and Arcadia cut jobs this year after going into administration.\nAnother 11,986 jobs were lost through company voluntary arrangement (CVA) deals to close loss-making stores. retailers to use CVAs included River Island, New Look and Clarks.\nAnd 92,921 jobs were lost through “rationalisation” and cost-cutting programmes by retailers large and small.\nProfessor Joshua Bamfield, a director at the CRR, fears up to 200,000 jobs could go in 2021.\nHe said: \"Our forecast is based upon a number of factors such as the cumulative effects of months of closure and its impact upon cash flow and rent arrears that will be payable when the moratorium ends.\n“Whilst the longer-term effects of the greater use by shoppers of all kinds of online retailing is likely to be hugely damaging for physical stores.”\nCommercial property adviser Altus Group said 436,000 business premises in England were now closed under Tier 3 and 4 restrictions, including 310,504 non-essential shops, 37,581 pubs and 27,028 restaurants.\nThe current business rates holiday is set to end in March.\nRobert Hayton, head of property tax at Altus Group, said: “It is crucial that government ensures future support is targeted to where it is needed, including funding the Valuation Office so it can expedite settlement of the tens of thousands of formal challenges against business rates assessments that must now be reduced to reflect the impact of Covid before bills are sent out.”",
"Shops cut 176,718 jobs in 2020 as pandemic hits UK high streets - and worse could follow in 2021",
"Warning 200,000 retail jobs could go in 2021 as people continue shopping online"
] |
|
[
"Tom Pegden",
"Image",
"Loughborough University"
] | 2021-01-21T04:36:46 | null | 2021-01-21T03:00:00 |
It already has a solar park at its Leicestershire head office supplying 20 to 30 per cent of the power used on site
|
https%3A%2F%2Fwww.business-live.co.uk%2Fmanufacturing%2Fbrickmaker-ibstock-says-its-first-19664232.json
|
en
| null |
Brickmaker Ibstock says it's the first UK building products manufacturer to use 100% green electricity
| 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
Brickmaker Ibstock plc says it has become the first building products manufacturer in Britain to source its electricity from 100 per cent renewable sources.
The Leicestershire business said the move was a big step in its plans cut CO2 production by 15 per cent from its manufacturing processes by 2025.
The company has signed up with Total Gas & Power, which sources its electricity from a combination of from solar and wind with a small amount of hydro/wave power.
It follows on from a solar park being installed at Ibstock’s head office which already supplies 20 to 30 per cent of the power used on site.
The business is also installing electric vehicle charging points across several sites.
Chief executive Joe Hudson said: “This is a very significant moment for our business.
“We take our goals and ambitions on sustainability extremely seriously and procuring all of our electrical power from renewable sources is further evidence of that.
“We are a market leader in an energy intensive sector, and we believe it is vital that we demonstrate that leadership in terms of reducing carbon emissions and supporting the market for renewable energy.
“Many of our customers right across the construction sector have made commitments to achieving net zero emissions and our move to Pure Green shows them that we are with them on that journey.
“We have many more projects and initiatives planned and under way to further reduce our carbon impacts - but, there is no doubt that this move to Pure Green really is a very big step forward in achieving our decarbonisation goals.
“As the first UK building products manufacturer to make a move to 100% renewable electricity, we believe we have set an example to others in our sector; we hope our peers are quick to follow suit.”
Dave Cranfield, general manager of Total Gas & Power, said: “We are proud to have been working with Ibstock since 2013 and during that time we have seen them become an industry leader in the drive towards carbon neutrality.
“It’s particularly pleasing to be helping them reach their Sustainability Roadmap target of a 15 per cent reduction in CO2 by 2025 by supplying them with Pure Green, 100 per cent renewable electricity.
“As one of the largest electricity suppliers in the UK, Total shares the ambition, together with society, to become net zero by 2050 for all of our activities.
“We will continue to work closely with our customers, including Ibstock, as the demand for renewable electricity grows, and we will continue to evolve and invest significantly in carbon neutral initiatives over the coming years.”
Ibstock plc is headquartered in north west Leicestershire, with 41 manufacturing sites across the UK.
It is a leading manufacturer and supplier of clay and concrete building products for the UK construction industry, and has two divisions – Ibstock Clay and Ibstock Concrete.
|
https://www.business-live.co.uk/manufacturing/brickmaker-ibstock-says-its-first-19664232
|
en
| 2021-01-21T00:00:00 |
www.business-live.co.uk/cbb0104c996f7eff396b9254481843d05cbd37279c8c0812b6c9a9c047ba4dea.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\nBrickmaker Ibstock plc says it has become the first building products manufacturer in Britain to source its electricity from 100 per cent renewable sources.\nThe Leicestershire business said the move was a big step in its plans cut CO2 production by 15 per cent from its manufacturing processes by 2025.\nThe company has signed up with Total Gas & Power, which sources its electricity from a combination of from solar and wind with a small amount of hydro/wave power.\nIt follows on from a solar park being installed at Ibstock’s head office which already supplies 20 to 30 per cent of the power used on site.\nThe business is also installing electric vehicle charging points across several sites.\nChief executive Joe Hudson said: “This is a very significant moment for our business.\n“We take our goals and ambitions on sustainability extremely seriously and procuring all of our electrical power from renewable sources is further evidence of that.\n“We are a market leader in an energy intensive sector, and we believe it is vital that we demonstrate that leadership in terms of reducing carbon emissions and supporting the market for renewable energy.\n“Many of our customers right across the construction sector have made commitments to achieving net zero emissions and our move to Pure Green shows them that we are with them on that journey.\n“We have many more projects and initiatives planned and under way to further reduce our carbon impacts - but, there is no doubt that this move to Pure Green really is a very big step forward in achieving our decarbonisation goals.\n“As the first UK building products manufacturer to make a move to 100% renewable electricity, we believe we have set an example to others in our sector; we hope our peers are quick to follow suit.”\nDave Cranfield, general manager of Total Gas & Power, said: “We are proud to have been working with Ibstock since 2013 and during that time we have seen them become an industry leader in the drive towards carbon neutrality.\n“It’s particularly pleasing to be helping them reach their Sustainability Roadmap target of a 15 per cent reduction in CO2 by 2025 by supplying them with Pure Green, 100 per cent renewable electricity.\n“As one of the largest electricity suppliers in the UK, Total shares the ambition, together with society, to become net zero by 2050 for all of our activities.\n“We will continue to work closely with our customers, including Ibstock, as the demand for renewable electricity grows, and we will continue to evolve and invest significantly in carbon neutral initiatives over the coming years.”\nIbstock plc is headquartered in north west Leicestershire, with 41 manufacturing sites across the UK.\nIt is a leading manufacturer and supplier of clay and concrete building products for the UK construction industry, and has two divisions – Ibstock Clay and Ibstock Concrete.",
"Brickmaker Ibstock says it's the first UK building products manufacturer to use 100% green electricity",
"It already has a solar park at its Leicestershire head office supplying 20 to 30 per cent of the power used on site"
] |
|
[
"Tom Houghton"
] | 2021-01-29T10:06:16 | null | 2021-01-29T09:29:00 |
Underlying profit improved - despite several setbacks for the property group
|
https%3A%2F%2Fwww.business-live.co.uk%2Fcommercial-property%2Fbruntwood-reports-strong-resilient-2020-19724723.json
|
en
| null |
Bruntwood reports 'strong and resilient' 2020 despite taking Covid hit
| 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
Property group Bruntwood has reported a "strong and resilient" 2020 as its many projects continued to progress despite the Covid-19 pandemic.
Bruntwood recorded a growth in its operating profits to £40.1m in the year to September 30, up from 2019's £38.9m, while bolstering its cash reserves to £26.3m from £17.1m, with undrawn facilities of £50m.
Turnover declined year on year to £135m from £160.1m, which the group said reflected the "one-off nature" of the 'develop to sell' car park and hotel at Circle Square in 2019 - and fewer external consulting and contracting works taking place due to the pandemic.
The value of its Bruntwood Works portfolio was consistent year-on-year at £973.1m - but with a £21.2m valuation loss. The firm said that was because it invested capital to maintain its portfolio’s value position against a backdrop of declining commercial property values.
The accounting loss, together with similar revaluation movements in its joint ventures and stepping up its move to safeguard the business from future economic disruption led the group to post a pre-tax loss of £18.9m, compared to 2019's pre-tax profit of £51.8m.
Chris Oglesby, CEO of Bruntwood, said: “The nature of our business means we do not measure success over annual accounting periods but over much longer time-horizons.
"But despite this, we showed great strength and resilience in 2020, with the underlying performance of Bruntwood improving during the UK’s greatest economic crisis of modern times.
“As the pandemic struck, we worked quickly to deliver a new strategy - stabilise operations, support customers, and manage costs. We accelerated the Works and SciTech propositions to support crucial areas of the economy. We got closer to customers, deepening relationships and navigated the pandemic together.”
There was good progress for the firm's Bruntwood SciTech business, a 50/50 joint venture with Legal & General and the UK’s largest property platform dedicated to the growth of the science and technology sector, and its Bruntwood Works division.
Bruntwood SciTech's nationwide portfolio increased in value by £88.6m to £526.8m and turnover grew to £40.1m from £29.8m.
The ongoing expansion and evolution of Alderley Park continued at pace, with the UK’s largest single-site life science campus being selected as the location for one of the Lighthouse Lab national Covid-19 testing centres.
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's as well as Bruntwood SciTech taking a 25% stake in Sciontec Liverpool, the public-private partnership supporting the growth of the city’s science and technology sector within Liverpool’s £2bn Knowledge Quarter.
Other successes for Bruntwood SciTech included partnering with the University of Birmingham to develop the new £210m, 675,000 sq ft Birmingham Health Innovation Campus.
|
https://www.business-live.co.uk/commercial-property/bruntwood-reports-strong-resilient-2020-19724723
|
en
| 2021-01-29T00:00:00 |
www.business-live.co.uk/ddf14f91ca524ec2ff1a1094002a1842c83464c196176099e4995d69ca0b99d0.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\nProperty group Bruntwood has reported a \"strong and resilient\" 2020 as its many projects continued to progress despite the Covid-19 pandemic.\nBruntwood recorded a growth in its operating profits to £40.1m in the year to September 30, up from 2019's £38.9m, while bolstering its cash reserves to £26.3m from £17.1m, with undrawn facilities of £50m.\nTurnover declined year on year to £135m from £160.1m, which the group said reflected the \"one-off nature\" of the 'develop to sell' car park and hotel at Circle Square in 2019 - and fewer external consulting and contracting works taking place due to the pandemic.\nThe value of its Bruntwood Works portfolio was consistent year-on-year at £973.1m - but with a £21.2m valuation loss. The firm said that was because it invested capital to maintain its portfolio’s value position against a backdrop of declining commercial property values.\nThe accounting loss, together with similar revaluation movements in its joint ventures and stepping up its move to safeguard the business from future economic disruption led the group to post a pre-tax loss of £18.9m, compared to 2019's pre-tax profit of £51.8m.\nChris Oglesby, CEO of Bruntwood, said: “The nature of our business means we do not measure success over annual accounting periods but over much longer time-horizons.\n\"But despite this, we showed great strength and resilience in 2020, with the underlying performance of Bruntwood improving during the UK’s greatest economic crisis of modern times.\n“As the pandemic struck, we worked quickly to deliver a new strategy - stabilise operations, support customers, and manage costs. We accelerated the Works and SciTech propositions to support crucial areas of the economy. We got closer to customers, deepening relationships and navigated the pandemic together.”\nThere was good progress for the firm's Bruntwood SciTech business, a 50/50 joint venture with Legal & General and the UK’s largest property platform dedicated to the growth of the science and technology sector, and its Bruntwood Works division.\nBruntwood SciTech's nationwide portfolio increased in value by £88.6m to £526.8m and turnover grew to £40.1m from £29.8m.\nThe ongoing expansion and evolution of Alderley Park continued at pace, with the UK’s largest single-site life science campus being selected as the location for one of the Lighthouse Lab national Covid-19 testing centres.\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's as well as Bruntwood SciTech taking a 25% stake in Sciontec Liverpool, the public-private partnership supporting the growth of the city’s science and technology sector within Liverpool’s £2bn Knowledge Quarter.\nOther successes for Bruntwood SciTech included partnering with the University of Birmingham to develop the new £210m, 675,000 sq ft Birmingham Health Innovation Campus.",
"Bruntwood reports 'strong and resilient' 2020 despite taking Covid hit",
"Underlying profit improved - despite several setbacks for the property group"
] |
|
[
"David Laister",
"Image",
"Aura",
"University Of Hull",
"Neil Holmes"
] | 2021-01-22T09:34:02 | null | 2021-01-22T09:04:00 |
Key organuisations unite with academics for European-funded research into the physical green recovery
|
https%3A%2F%2Fwww.business-live.co.uk%2Feconomic-development%2Fhow-humber-businesses-building-back-19675648.json
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en
| null |
How are Humber businesses building back better? Huge survey launches in Energy Estuary
| 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
How the Humber’s 30,000 small businesses are gearing up for the UK’s green recovery is to be analysed by regional academics to bring a valuable insight to the Energy Estuary.
A major business-to-business survey has been launched to understand how enterprises are focusing on ‘building back better’ after the twin challenges of Covid-19 and Brexit.
Designed by Aura and the University of Hull, the project is being paid for by the European Regional Development Fund. It aims to get a response from more than 1,000 SMEs.
The results will feed into a significant study which will provide the region with evidence as to how businesses are addressing barriers and issues to meet Net Zero targets.
It will highlight how companies are seizing opportunities to tackle and transform the way business is done and help ensure that the UK stays at the forefront of the green industrial revolution.
KCom and authorities Hull City Council and East Riding Council are partners.
(Image: University of Hull)
Dr David Richards, Pro-Vice-Chancellor for Research & Enterprise at the University of Hull, said: “I am delighted with the launch of the Future Net Zero Survey – we launched Aura some four years ago to help build and strengthen the green credential of our region – through research and innovation – and it is working.
"The advent the world’s largest wind farm just off our coast, the prospect of our ports growing and contributing to the country’s manufacturing infrastructure in renewable energy, the potential of using our long history and expertise in the power, chemical and petrochemical industries and putting that knowledge to new uses such as carbon capture to become one of the ‘Super Places’ anticipated by the Government in their Ten Point Plan for a Green Industrial Revolution launched in November last year, is an exciting prospect.
“This survey is a key part of setting out the Humber’s leading role in this vital transformation.”
The online survey takes just six minutes to complete on the Aura Innovation Centre website.
Louise Smith, Director of Aura, said: “The findings from this study will help guide the region to deliver a better future for the next generation in a Net Zero world. This survey is an important step towards ensuring that we do that well and support the growth and prosperity of businesses in our region.”
The survey is being delivered in partnership with Lampada Digital Solutions, headed by Andy Parkinson, former chair of Marketing Humber.
(Image: Neil Holmes)
Successor, and a key figure behind Aura’s arrival, Bill Walker, encouraged local businesses to respond. He said: “I am a strong advocate for the Humber and the huge impact it can have nationally and internationally in the clean growth space.
"The Future Net Zero Survey is a welcome step forward to help the region act in concert and showcase what our brilliant SMEs are doing in delivering on the Net Zero targets. This survey can help underpin the region’s economic place marketing credentials by helping us to gain real insight into what we are already doing, what we still need to do and how we can continue to work collaboratively to attract more investment and more inclusive growth into the Humber region.”
The CBI is also fully behind it.
Beckie Hart, Yorkshire and Humber director for the business support organisation, said: “We are delighted to see that Aura and the university are launching the Future Net Zero Survey. “The region has a unique role to play in helping the country’s progress to Net Zero emissions, and improving our understanding of how small businesses can help drive the transition will be key to this effort.
“This survey will help us understand where we are and what needs to be done further to succeed.”
|
https://www.business-live.co.uk/economic-development/how-humber-businesses-building-back-19675648
|
en
| 2021-01-22T00:00:00 |
www.business-live.co.uk/6052dd0e2108c8748e65dd8714640539557df994dd0ebe20165db442c0435628.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\nHow the Humber’s 30,000 small businesses are gearing up for the UK’s green recovery is to be analysed by regional academics to bring a valuable insight to the Energy Estuary.\nA major business-to-business survey has been launched to understand how enterprises are focusing on ‘building back better’ after the twin challenges of Covid-19 and Brexit.\nDesigned by Aura and the University of Hull, the project is being paid for by the European Regional Development Fund. It aims to get a response from more than 1,000 SMEs.\nThe results will feed into a significant study which will provide the region with evidence as to how businesses are addressing barriers and issues to meet Net Zero targets.\nIt will highlight how companies are seizing opportunities to tackle and transform the way business is done and help ensure that the UK stays at the forefront of the green industrial revolution.\nKCom and authorities Hull City Council and East Riding Council are partners.\n(Image: University of Hull)\nDr David Richards, Pro-Vice-Chancellor for Research & Enterprise at the University of Hull, said: “I am delighted with the launch of the Future Net Zero Survey – we launched Aura some four years ago to help build and strengthen the green credential of our region – through research and innovation – and it is working.\n\"The advent the world’s largest wind farm just off our coast, the prospect of our ports growing and contributing to the country’s manufacturing infrastructure in renewable energy, the potential of using our long history and expertise in the power, chemical and petrochemical industries and putting that knowledge to new uses such as carbon capture to become one of the ‘Super Places’ anticipated by the Government in their Ten Point Plan for a Green Industrial Revolution launched in November last year, is an exciting prospect.\n“This survey is a key part of setting out the Humber’s leading role in this vital transformation.”\nThe online survey takes just six minutes to complete on the Aura Innovation Centre website.\nLouise Smith, Director of Aura, said: “The findings from this study will help guide the region to deliver a better future for the next generation in a Net Zero world. This survey is an important step towards ensuring that we do that well and support the growth and prosperity of businesses in our region.”\nThe survey is being delivered in partnership with Lampada Digital Solutions, headed by Andy Parkinson, former chair of Marketing Humber.\n(Image: Neil Holmes)\nSuccessor, and a key figure behind Aura’s arrival, Bill Walker, encouraged local businesses to respond. He said: “I am a strong advocate for the Humber and the huge impact it can have nationally and internationally in the clean growth space.\n\"The Future Net Zero Survey is a welcome step forward to help the region act in concert and showcase what our brilliant SMEs are doing in delivering on the Net Zero targets. This survey can help underpin the region’s economic place marketing credentials by helping us to gain real insight into what we are already doing, what we still need to do and how we can continue to work collaboratively to attract more investment and more inclusive growth into the Humber region.”\nThe CBI is also fully behind it.\nBeckie Hart, Yorkshire and Humber director for the business support organisation, said: “We are delighted to see that Aura and the university are launching the Future Net Zero Survey. “The region has a unique role to play in helping the country’s progress to Net Zero emissions, and improving our understanding of how small businesses can help drive the transition will be key to this effort.\n“This survey will help us understand where we are and what needs to be done further to succeed.”",
"How are Humber businesses building back better? Huge survey launches in Energy Estuary",
"Key organuisations unite with academics for European-funded research into the physical green recovery"
] |
|
[
"Henry Saker-Clark",
"Pa City Reporter",
"Hannah Finch",
"Image",
"Pa"
] | 2021-01-19T17:23:34 | null | 2021-01-19T16:58:40 |
This is the latest development as administrators try to salvage parts of the Arcadia empire
|
https%3A%2F%2Fwww.business-live.co.uk%2Fretail-consumer%2Ffurther-31-arcadia-stores-set-19658680.json
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en
| null |
A further 31 Arcadia stores set to close with 714 job losses
| 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
Arcadia administrators are set to permanently shut another 31 of the fashion group’s stores by the end of January, with the loss of 714 more jobs.
Sir Philip Green’s Arcadia retail empire collapsed into administration at the start of December after it became the latest company hammered by the coronavirus pandemic.
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.
It is understood that the latest set of cuts, first reported by The Times , will result in the closure of all 21 of the group’s Outfit stores.
Outfit, which was acquired by Arcadia from Sears in 1999, is not a fashion brand itself but sells all of Arcadia’s retail brands in out-of-town destinations for shoppers.
Arcadia and Deloitte declined to comment on the closure update.
The move comes a day after the deadline for rescue bids set by administrators at Deloitte.
What next for the Arcadia Group?
High street stalwart Next is among retail groups to have placed bids to take control of the retail empire.
Deloitte are expected to receive bids worth more than £200 million in the process, which could be completed by the end of the month.
Next has been touted as one of the most likely victors in the process, with the listed retailer bidding for the group in partnership with US hedge fund Davidson Kempner.
It faces competition from high street rival JD Sports, which has held talks over a joint bid with US retail giant Authentic Brands.
Last month, administrators agreed the sale of Arcadia’s plus-sized brand Evans to Australian firm City Chic Collective in a £23 million deal.
|
https://www.business-live.co.uk/retail-consumer/further-31-arcadia-stores-set-19658680
|
en
| 2021-01-19T00:00:00 |
www.business-live.co.uk/776961b700f307349a1a679b6f00b447bb3071804f12c7a3c2a98ae68094735c.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\nArcadia administrators are set to permanently shut another 31 of the fashion group’s stores by the end of January, with the loss of 714 more jobs.\nSir Philip Green’s Arcadia retail empire collapsed into administration at the start of December after it became the latest company hammered by the coronavirus pandemic.\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.\nIt is understood that the latest set of cuts, first reported by The Times , will result in the closure of all 21 of the group’s Outfit stores.\nOutfit, which was acquired by Arcadia from Sears in 1999, is not a fashion brand itself but sells all of Arcadia’s retail brands in out-of-town destinations for shoppers.\nArcadia and Deloitte declined to comment on the closure update.\nThe move comes a day after the deadline for rescue bids set by administrators at Deloitte.\nWhat next for the Arcadia Group?\nHigh street stalwart Next is among retail groups to have placed bids to take control of the retail empire.\nDeloitte are expected to receive bids worth more than £200 million in the process, which could be completed by the end of the month.\nNext has been touted as one of the most likely victors in the process, with the listed retailer bidding for the group in partnership with US hedge fund Davidson Kempner.\nIt faces competition from high street rival JD Sports, which has held talks over a joint bid with US retail giant Authentic Brands.\nLast month, administrators agreed the sale of Arcadia’s plus-sized brand Evans to Australian firm City Chic Collective in a £23 million deal.",
"A further 31 Arcadia stores set to close with 714 job losses",
"This is the latest development as administrators try to salvage parts of the Arcadia empire"
] |
|
[
"Hannah Finch"
] | 2021-01-27T07:39:12 | null | 2021-01-27T07:30:00 |
Exeter Chamber of Commerce boss Clodagh Murphy talks on how Covid-19 has changed Exeter forever and what it has to do to recover
|
https%3A%2F%2Fwww.business-live.co.uk%2Fenterprise%2Feveryone-shattered-how-covid-19-19674896.json
|
en
| null |
'Everyone is shattered': How Covid-19 has hit the business community 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
Decent pay for workers has got to be a priority to stop the 'brain drain' from the South West.
Clodagh Murphy, Chairman of Exeter Chamber of Commerce said that business owners have got to have an honest debate about paying fair salaries to keep staff and attract new talent in the rise of the 'work-anywhere' post-pandemic workforce.
The IT boss was speaking about how Exeter - named this week as one of the strongest economies in the UK - can come out of the Covid-19 pandemic.
And if it is going to capitalise on the future of remote working with an exodus from the cities, it has to not only provide attractive jobs in a beautiful part of the country but pay properly as well.
Want more South West news straight to your inbox? BusinessLive South West is your home for business news in Bristol, Bath, Gloucestershire, Somerset, Wiltshire, Dorset, Devon and Cornwall. You can sign up to receive daily morning news bulletins from the region 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.
She said: "The challenge for the business community is that there is a view that we don't have to pay as much down here in the South West. There is an assumption that people will stay or move here for the quality of life and we therefore don't need to pay them as much. Personally, I don't like that idea.
"We have got to be really honest with ourselves as a business community. If we want really good talent, we have got to be prepared to pay for it.
"We talk about being the place to live and work but why would I accept £20 in Exeter, say, when I can get £100 for the same service in London?"
Clodagh Murphy became chairman of the Exeter Chamber of Commerce in November - just as the nation was pulled into the second lockdown.
Founder of online cookery school Larks Live, she has a Masters from the University of Exeter Business School and a long career in IT, leading a team of 140 at Eclipse Internet and specialising in business growth.
And she said it has been her skills in crisis management that has helped her navigate the massive impact that the pandemic has had on the Exeter business community.
Named one of the four strongest economies in the UK in a new report by Centre for Cities, Exeter has nevertheless taken a knock, like every other town and city in the UK.
And the fight is fast draining out of the business leaders that have faced repeated lockdowns. stop-starts and uncertainty.
Clodagh explained: "This third lockdown has been particularly hard. We have just got our Chamber of Commerce Business survey results back and it shows that people are exhausted.
"They have adapted to working from home but home schooling has added extra pressure. Small businesses are having to do everything themselves to weather the storm and people are completely shattered."
The Lockdown Business Impact survey found that 57 per cent of respondents are facing a severe impact from the current restrictions, more than those surveyed in November.
Decreased bookings, sales and demand for services (74%), event cancellation (47%), cashflow issues (41.9%) and travel restrictions to visit customers or suppliers (38%) were the main causes of impact.
And worryingly, 39% indicated that their business can continue to operate for no more than six months, with 19% indicating they only have between 6-12 months as a result of the impact of lockdown.
Clodagh said: "Retail and hospitality has been hard hit and while there have been grants and funding it has just not been enough. There is hope with the vaccine but these businesses do not know when they can get running again to the extent that they can attract the same footfall as they did before. They will be operating in a significantly contracted economic environment but this time carrying more debt than they did before.
"Coupled with the uncertainty that they are facing, people are dealing with the emotional effects of all of this. The economy in Exeter is quite resilient but for retail and hospitality, the question is when it will come back? If we lose Easter then that will be a huge hit."
Figures presented to Exeter City Council’s Strategic Scrutiny Committee on January 21 reveal the results of repeated lockdowns and tier restrictions on the city over the past year.
Victoria Hatfield, Growth & Commercialisation Manager at Exeter City Council , in her report, outlined that online sales now account for 31.4% of sales compared to 20.1% back in February, and online sales are 75% higher than they were last year.
Her report revealed that car park ticket sales are down by around 27% comparing 2020 to 2019, which is having a dramatic effect on income levels for the city council.
Businesses are looking at reducing the amount of space they have in the city centre and this will have a knock on effect for the shops and cafes that benefit from the lunch-time spend.
The report states: “The lunchtime market is very important to the city centre, this market supports a wide range of businesses and jobs, but if the trend of working from home (permanently or flexible) is permanent, city centres will need to adjust accordingly.
“The latest Business Impact of Coronavirus survey undertaken by the ONS, reveals that around more than one-third (36%) of employees are working remotely instead of their normal place of work. This figure is much higher in Exeter, at 65%.”
There have been 45 shop closures in the city since March 2020, mainly national chains closing - and 15 shops had opened.
The report also reveals that the number of Universal Credit claimants within Exeter rose dramatically when national restrictions took effect, and even though figures in Exeter are the highest they have been since August 1996, the percentage claiming Universal Credit is lower than the regional and national average, with Exeter at 4%, Devon 4.3%, South West 5%, and Great Britain 6.3%.
And while residents’ and business are struggling with the effect of the pandemic, data shows Exeter is in the top 10 cities for footfall recovery, which bodes well for the recovery of the city.
Clodagh explained that the focus of the chamber has been on getting businesses through the crisis with the Chamber switching from its monthly meetings to weekly Monday morning phone calls.
It has set up the website Exeter Works - a one stop shop to help signpost support, options and advice for those facing redundancy during the pandemic.
And while the long term vision for Liveable Exeter - creating a healthy sustainable city that puts people first - remains in place, discussions over the last 7-8months have been all about recovery.
Clodagh said she fears for more big name high street names but it is the independents that bring so much vibrancy to the city that she is worried about the most.
She said: "This lockdown has been particularly difficult, particularly for those pubs and bars that have been unable to sell alcohol this time because that was keeping them going. The Government support will be helping but there are still costs associated with furlough, like NI contributions.
"The independents are such an important part of the culture in Exeter. The Exeter giftcard has helped keep the money local but if we start to lose independents now then we have got something wrong in the way we have supported them. If they have lasted until now then we need to be doing everything we can to get them over the line."
And the truth is that Exeter will never look quite the same again. There is unlikely to be a return to office-based working to the same extent as before and with the loss of big name brands, including Princesshay's flagship store, Debenhams and Topshop still hanging in the balance, the space once dominated by retail will have to evolve.
Clodagh said there is a housing challenge in the city and we may see vacated space used for multi-purpose accommodation alongside the rise of student housing.
She said: "Housing like this will bring a vibrancy back mid-week and support those businesses that are there."
And while the city has undoubtedly taken a knock there is confidence still. The former House of Fraser is set to become a boutique hotel under the Hotel Indigo brand, The Royal Clarence Hotel has been sold to South West Lifestyle Brands Limited, a company indirectly-owned by ex-Plymouth Argyle chairman James Brent and his wife and The Ivy is now recruiting for its restaurant, set to open in the former Jack Wills store on the High Street.
Clodagh said: "There is a lot of private investment going on and we know that success breeds success.
"We have got to be forward facing. My hope is that by September, all adults will be vaccinated and we will have a really good Christmas next year."
Has the shape of our cities changed forever - how can the High Street thrive in the future? Be part of the conversation in the comments section below.
|
https://www.business-live.co.uk/enterprise/everyone-shattered-how-covid-19-19674896
|
en
| 2021-01-27T00:00:00 |
www.business-live.co.uk/8e36dd43a741f5cdc9472cacc24de027446a43ca496a1b78969ced655c8796ea.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\nDecent pay for workers has got to be a priority to stop the 'brain drain' from the South West.\nClodagh Murphy, Chairman of Exeter Chamber of Commerce said that business owners have got to have an honest debate about paying fair salaries to keep staff and attract new talent in the rise of the 'work-anywhere' post-pandemic workforce.\nThe IT boss was speaking about how Exeter - named this week as one of the strongest economies in the UK - can come out of the Covid-19 pandemic.\nAnd if it is going to capitalise on the future of remote working with an exodus from the cities, it has to not only provide attractive jobs in a beautiful part of the country but pay properly as well.\nWant more South West news straight to your inbox? BusinessLive South West is your home for business news in Bristol, Bath, Gloucestershire, Somerset, Wiltshire, Dorset, Devon and Cornwall. You can sign up to receive daily morning news bulletins from the region 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.\nShe said: \"The challenge for the business community is that there is a view that we don't have to pay as much down here in the South West. There is an assumption that people will stay or move here for the quality of life and we therefore don't need to pay them as much. Personally, I don't like that idea.\n\"We have got to be really honest with ourselves as a business community. If we want really good talent, we have got to be prepared to pay for it.\n\"We talk about being the place to live and work but why would I accept £20 in Exeter, say, when I can get £100 for the same service in London?\"\nClodagh Murphy became chairman of the Exeter Chamber of Commerce in November - just as the nation was pulled into the second lockdown.\nFounder of online cookery school Larks Live, she has a Masters from the University of Exeter Business School and a long career in IT, leading a team of 140 at Eclipse Internet and specialising in business growth.\nAnd she said it has been her skills in crisis management that has helped her navigate the massive impact that the pandemic has had on the Exeter business community.\nNamed one of the four strongest economies in the UK in a new report by Centre for Cities, Exeter has nevertheless taken a knock, like every other town and city in the UK.\nAnd the fight is fast draining out of the business leaders that have faced repeated lockdowns. stop-starts and uncertainty.\nClodagh explained: \"This third lockdown has been particularly hard. We have just got our Chamber of Commerce Business survey results back and it shows that people are exhausted.\n\"They have adapted to working from home but home schooling has added extra pressure. Small businesses are having to do everything themselves to weather the storm and people are completely shattered.\"\nThe Lockdown Business Impact survey found that 57 per cent of respondents are facing a severe impact from the current restrictions, more than those surveyed in November.\nDecreased bookings, sales and demand for services (74%), event cancellation (47%), cashflow issues (41.9%) and travel restrictions to visit customers or suppliers (38%) were the main causes of impact.\nAnd worryingly, 39% indicated that their business can continue to operate for no more than six months, with 19% indicating they only have between 6-12 months as a result of the impact of lockdown.\nClodagh said: \"Retail and hospitality has been hard hit and while there have been grants and funding it has just not been enough. There is hope with the vaccine but these businesses do not know when they can get running again to the extent that they can attract the same footfall as they did before. They will be operating in a significantly contracted economic environment but this time carrying more debt than they did before.\n\"Coupled with the uncertainty that they are facing, people are dealing with the emotional effects of all of this. The economy in Exeter is quite resilient but for retail and hospitality, the question is when it will come back? If we lose Easter then that will be a huge hit.\"\nFigures presented to Exeter City Council’s Strategic Scrutiny Committee on January 21 reveal the results of repeated lockdowns and tier restrictions on the city over the past year.\nVictoria Hatfield, Growth & Commercialisation Manager at Exeter City Council , in her report, outlined that online sales now account for 31.4% of sales compared to 20.1% back in February, and online sales are 75% higher than they were last year.\nHer report revealed that car park ticket sales are down by around 27% comparing 2020 to 2019, which is having a dramatic effect on income levels for the city council.\nBusinesses are looking at reducing the amount of space they have in the city centre and this will have a knock on effect for the shops and cafes that benefit from the lunch-time spend.\nThe report states: “The lunchtime market is very important to the city centre, this market supports a wide range of businesses and jobs, but if the trend of working from home (permanently or flexible) is permanent, city centres will need to adjust accordingly.\n“The latest Business Impact of Coronavirus survey undertaken by the ONS, reveals that around more than one-third (36%) of employees are working remotely instead of their normal place of work. This figure is much higher in Exeter, at 65%.”\nThere have been 45 shop closures in the city since March 2020, mainly national chains closing - and 15 shops had opened.\nThe report also reveals that the number of Universal Credit claimants within Exeter rose dramatically when national restrictions took effect, and even though figures in Exeter are the highest they have been since August 1996, the percentage claiming Universal Credit is lower than the regional and national average, with Exeter at 4%, Devon 4.3%, South West 5%, and Great Britain 6.3%.\nAnd while residents’ and business are struggling with the effect of the pandemic, data shows Exeter is in the top 10 cities for footfall recovery, which bodes well for the recovery of the city.\nClodagh explained that the focus of the chamber has been on getting businesses through the crisis with the Chamber switching from its monthly meetings to weekly Monday morning phone calls.\nIt has set up the website Exeter Works - a one stop shop to help signpost support, options and advice for those facing redundancy during the pandemic.\nAnd while the long term vision for Liveable Exeter - creating a healthy sustainable city that puts people first - remains in place, discussions over the last 7-8months have been all about recovery.\nClodagh said she fears for more big name high street names but it is the independents that bring so much vibrancy to the city that she is worried about the most.\nShe said: \"This lockdown has been particularly difficult, particularly for those pubs and bars that have been unable to sell alcohol this time because that was keeping them going. The Government support will be helping but there are still costs associated with furlough, like NI contributions.\n\"The independents are such an important part of the culture in Exeter. The Exeter giftcard has helped keep the money local but if we start to lose independents now then we have got something wrong in the way we have supported them. If they have lasted until now then we need to be doing everything we can to get them over the line.\"\nAnd the truth is that Exeter will never look quite the same again. There is unlikely to be a return to office-based working to the same extent as before and with the loss of big name brands, including Princesshay's flagship store, Debenhams and Topshop still hanging in the balance, the space once dominated by retail will have to evolve.\nClodagh said there is a housing challenge in the city and we may see vacated space used for multi-purpose accommodation alongside the rise of student housing.\nShe said: \"Housing like this will bring a vibrancy back mid-week and support those businesses that are there.\"\nAnd while the city has undoubtedly taken a knock there is confidence still. The former House of Fraser is set to become a boutique hotel under the Hotel Indigo brand, The Royal Clarence Hotel has been sold to South West Lifestyle Brands Limited, a company indirectly-owned by ex-Plymouth Argyle chairman James Brent and his wife and The Ivy is now recruiting for its restaurant, set to open in the former Jack Wills store on the High Street.\nClodagh said: \"There is a lot of private investment going on and we know that success breeds success.\n\"We have got to be forward facing. My hope is that by September, all adults will be vaccinated and we will have a really good Christmas next year.\"\nHas the shape of our cities changed forever - how can the High Street thrive in the future? Be part of the conversation in the comments section below.",
"'Everyone is shattered': How Covid-19 has hit the business community in Exeter",
"Exeter Chamber of Commerce boss Clodagh Murphy talks on how Covid-19 has changed Exeter forever and what it has to do to recover"
] |
|
[
"Tom Pegden"
] | 2021-01-14T04:01:51 | null | 2021-01-14T03:00:00 |
It is advising on three new mine shafts at the £2.8 bn Woodsmith Project in North Yorkshire
|
https%3A%2F%2Fwww.business-live.co.uk%2Fprofessional-services%2Fconsultancies%2Fashby-risk-management-specialist-finch-19617837.json
|
en
| null |
Ashby risk management specialist Finch Consulting starts 2021 with £600,000 of project wins
| 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 risk management business has started the new year with more than £600,000 of project wins – in construction, food manufacturing, electrical vehicle supply and waste processing.
Finch Consulting is based Ashby de la Zouch, Leicestershire, and helps organisations in the UK and abroad understand and mitigate environmental, health and safety, and engineering risks.
The new work includes projects in the UK, EU and the UAE, helping clients with compliance, reputational and litigation issues.
One of the new UK projects is to advise on engineering safety and compliance in sinking three new mine shafts at Woodsmith Project in North Yorkshire.
The £2.8 billion scheme has attracted wide media interest as it is set to access the world’s biggest, highest grade resource of polyhalite – which can be used as a fertiliser and other industrial applications – and create more than 2,000 jobs.
Other projects include providing company-wide machinery safety training for three international food manufacturers, health and safety support to the managers of one of London’s most iconic buildings and training senior management staff in a global datacentre provider on health and safety compliance.
Operations director Janine Watterson said Finch Consulting had invested heavily in on-the-move telecommunications systems for diagnostics, inspections and audits, as well as training.
It was also planning investments in virtual and augmented reality, to help it provide more advanced virtual training programmes.
Ms Watterson said: “Our success is down to our people and our relationships.
“We recruit, support and retain the best in their fields, and nurture long term relationships with our clients, who return to us again and again, enabling us to support them in good times and bad.
“Our positive start to 2021 is entirely due to the relationships we have developed, and to the tenacity, candour, and resilience of our people.”
Finance director Andrew Millington said: “Finch Consulting is resilient. The businesses which became Finch were started in recessions in the 80s and 90s and came through the recession in 2008 and 2009.
“Our agility derived from being a small business, and open culture has helped us adapt and transform.
“I think there are plenty of reasons to be optimistic about the future. Our diversity across many sectors is a strength – we work across food (human and animal), energy, waste, pharmaceutical, manufacturing as well as the service markets that support them such as law firms, financiers, insurers, brokers and adjusters.
“We’re also supporting leisure and entertainment which has been hard hit by Covid-19, to ensure they bounce back as vaccines start to make a difference to personal freedoms and risk.”
Based in the East Midlands with hubs in London, Birmingham, South Wales and Edinburgh, Finch has more than 30 employees specialising in health and safety, the environment and engineering.
It is licenced to provide legal support alongside consulting, training and forensic investigation services.
|
https://www.business-live.co.uk/professional-services/consultancies/ashby-risk-management-specialist-finch-19617837
|
en
| 2021-01-14T00:00:00 |
www.business-live.co.uk/f3850bd94008ba1884277e67d1e45ef378a4dc4dfdf640f9f6a92651f4723303.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 risk management business has started the new year with more than £600,000 of project wins – in construction, food manufacturing, electrical vehicle supply and waste processing.\nFinch Consulting is based Ashby de la Zouch, Leicestershire, and helps organisations in the UK and abroad understand and mitigate environmental, health and safety, and engineering risks.\nThe new work includes projects in the UK, EU and the UAE, helping clients with compliance, reputational and litigation issues.\nOne of the new UK projects is to advise on engineering safety and compliance in sinking three new mine shafts at Woodsmith Project in North Yorkshire.\nThe £2.8 billion scheme has attracted wide media interest as it is set to access the world’s biggest, highest grade resource of polyhalite – which can be used as a fertiliser and other industrial applications – and create more than 2,000 jobs.\nOther projects include providing company-wide machinery safety training for three international food manufacturers, health and safety support to the managers of one of London’s most iconic buildings and training senior management staff in a global datacentre provider on health and safety compliance.\nOperations director Janine Watterson said Finch Consulting had invested heavily in on-the-move telecommunications systems for diagnostics, inspections and audits, as well as training.\nIt was also planning investments in virtual and augmented reality, to help it provide more advanced virtual training programmes.\nMs Watterson said: “Our success is down to our people and our relationships.\n“We recruit, support and retain the best in their fields, and nurture long term relationships with our clients, who return to us again and again, enabling us to support them in good times and bad.\n“Our positive start to 2021 is entirely due to the relationships we have developed, and to the tenacity, candour, and resilience of our people.”\nFinance director Andrew Millington said: “Finch Consulting is resilient. The businesses which became Finch were started in recessions in the 80s and 90s and came through the recession in 2008 and 2009.\n“Our agility derived from being a small business, and open culture has helped us adapt and transform.\n“I think there are plenty of reasons to be optimistic about the future. Our diversity across many sectors is a strength – we work across food (human and animal), energy, waste, pharmaceutical, manufacturing as well as the service markets that support them such as law firms, financiers, insurers, brokers and adjusters.\n“We’re also supporting leisure and entertainment which has been hard hit by Covid-19, to ensure they bounce back as vaccines start to make a difference to personal freedoms and risk.”\nBased in the East Midlands with hubs in London, Birmingham, South Wales and Edinburgh, Finch has more than 30 employees specialising in health and safety, the environment and engineering.\nIt is licenced to provide legal support alongside consulting, training and forensic investigation services.",
"Ashby risk management specialist Finch Consulting starts 2021 with £600,000 of project wins",
"It is advising on three new mine shafts at the £2.8 bn Woodsmith Project in North Yorkshire"
] |
|
[
"William Telford",
"Image",
"Www.Brutonknowles.Co.Uk",
"Carl Eve"
] | 2021-01-28T07:38:06 | null | 2021-01-28T07:00:00 |
Mayflower House is due to be demolished with plans approved to build an 18-floor student flat tower on the site
|
https%3A%2F%2Fwww.business-live.co.uk%2Feconomic-development%2Fderelict-plymouth-office-site-goes-19711408.json
|
en
| null |
Derelict Plymouth office site goes on market after firm's liquidation
| 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 derelict Plymouth city centre office block where a dead body was discovered is now being marketed as a “development opportunity” after the company which owned it went out of business.
Property consultants at Bruton Knowles are advertising the huge Mayflower House block in Armada Way, where the current dilapidated building is earmarked for demolition. It has been used by rough sleepers with police finding evidence of drug use and even a dead man inside.
Now Bruton Knowles is marketing the plot, on the intersection of Mayflower Street and Armada Way, as a “mixed use development opportunity” on behalf of fixed charge receivers.
In 2016, Mayflower House was given planning permission to be demolished and replaced with an 18-storey tower containing 490 student flats above shops and offices.
(Image: www.brutonknowles.co.uk) (Image: www.brutonknowles.co.uk)
An attempt was made three years later to amend this to 332 student bedrooms, 2,381sq m of offices and a 120-bed hotel, but no full application was ever submitted.
A Bruton Knowles brochure said: “The proposed development will comprise of a purpose built student scheme, providing in total 490 bedrooms, arranged as 52 clusters and 78 studios.
“The scheme will also comprise communal facilities being: reception, laundry room, staff room and external bike store and paved areas. The property currently comprises an existing office and retail building, demolition works HAVE commenced.”
Demolition work began in 2019 but was then halted and has not restarted during the coronavirus pandemic. Experts from London-based Hill Demolition had moved on to the site, covered the building in scaffolding and plastic sheeting and placed fencing around it, and was awaiting further instructions when the pandemic struck.
It had been planned to crane a lifting machine onto the roof of the five-storey pile and start ripping the top floor apart, continuing down until it hit the ground. The whole project was estimated to take about 12 weeks to complete.
(Image: Carl Eve) (Image: www.brutonknowles.co.uk)
In February 2020 police were called to the building and found a dead 42-year-old man inside. On another occasion officers found discarded hypodermic needles, glass bottles and small metal trays, used to mix heroin for injecting. The building was made more secure following these events.
London-based property developer L&UK Property has been advertising the revised student flats and hotel idea on its website, saying it was due to be “completed on time for the 2023 student intake”.
Business Live attempted to contact the firm without success and now it emerges a company called Mayflower House Developments Ltd, whose two directors are also on the board of L&UK Property and shares the same address, went into voluntary liquidation in January 2021.
Corporate recovery specialist Begbies Traynor was appointed liquidator, but the 0.133-hectare (0.328-acre) plot is being marketed on behalf of fixed charge receivers, because it was subject to a loan.
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 fixed charge was for £2,688,159, and provided to Mayflower House Developments Ltd by London-based property unit trust company White Hall Lending Ltd, secured on the leasehold land and buildings at 178 Armada Way, including Mayflower House.
Documents submitted to Companies House say the property has a book value of £3.5million but is only likely to realise £1million, meaning White Hall Lending is owed £1,688,159.
The price of the property has not been disclosed but is available to anyone who approaches the seller.
The receivers are Edward Avery Gee and Daniel Richardson of Manchester-based business recovery specialists GC&Co.
Bruton Knowles said the property is subject to a lease agreement granted for a term of 125 years from September 2013. The current rent is £39,032 plus VAT per annum.
The Plymouth and South West Devon Local Plan identified the property as just outside an area described as “primary shopping area and centre boundary” and planning policy states: "Land at Mayflower Street East is allocated for an office-led mixed-use development, with active ground floor uses (retail/food and drink) and student accommodation as enabling development.”
|
https://www.business-live.co.uk/economic-development/derelict-plymouth-office-site-goes-19711408
|
en
| 2021-01-28T00:00:00 |
www.business-live.co.uk/a2fa4177acd2bc56670100af5d75b7848d0696c01f5e37bd7f864cda0a9dfc00.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 derelict Plymouth city centre office block where a dead body was discovered is now being marketed as a “development opportunity” after the company which owned it went out of business.\nProperty consultants at Bruton Knowles are advertising the huge Mayflower House block in Armada Way, where the current dilapidated building is earmarked for demolition. It has been used by rough sleepers with police finding evidence of drug use and even a dead man inside.\nNow Bruton Knowles is marketing the plot, on the intersection of Mayflower Street and Armada Way, as a “mixed use development opportunity” on behalf of fixed charge receivers.\nIn 2016, Mayflower House was given planning permission to be demolished and replaced with an 18-storey tower containing 490 student flats above shops and offices.\n(Image: www.brutonknowles.co.uk) (Image: www.brutonknowles.co.uk)\nAn attempt was made three years later to amend this to 332 student bedrooms, 2,381sq m of offices and a 120-bed hotel, but no full application was ever submitted.\nA Bruton Knowles brochure said: “The proposed development will comprise of a purpose built student scheme, providing in total 490 bedrooms, arranged as 52 clusters and 78 studios.\n“The scheme will also comprise communal facilities being: reception, laundry room, staff room and external bike store and paved areas. The property currently comprises an existing office and retail building, demolition works HAVE commenced.”\nDemolition work began in 2019 but was then halted and has not restarted during the coronavirus pandemic. Experts from London-based Hill Demolition had moved on to the site, covered the building in scaffolding and plastic sheeting and placed fencing around it, and was awaiting further instructions when the pandemic struck.\nIt had been planned to crane a lifting machine onto the roof of the five-storey pile and start ripping the top floor apart, continuing down until it hit the ground. The whole project was estimated to take about 12 weeks to complete.\n(Image: Carl Eve) (Image: www.brutonknowles.co.uk)\nIn February 2020 police were called to the building and found a dead 42-year-old man inside. On another occasion officers found discarded hypodermic needles, glass bottles and small metal trays, used to mix heroin for injecting. The building was made more secure following these events.\nLondon-based property developer L&UK Property has been advertising the revised student flats and hotel idea on its website, saying it was due to be “completed on time for the 2023 student intake”.\nBusiness Live attempted to contact the firm without success and now it emerges a company called Mayflower House Developments Ltd, whose two directors are also on the board of L&UK Property and shares the same address, went into voluntary liquidation in January 2021.\nCorporate recovery specialist Begbies Traynor was appointed liquidator, but the 0.133-hectare (0.328-acre) plot is being marketed on behalf of fixed charge receivers, because it was subject to a loan.\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\nThis fixed charge was for £2,688,159, and provided to Mayflower House Developments Ltd by London-based property unit trust company White Hall Lending Ltd, secured on the leasehold land and buildings at 178 Armada Way, including Mayflower House.\nDocuments submitted to Companies House say the property has a book value of £3.5million but is only likely to realise £1million, meaning White Hall Lending is owed £1,688,159.\nThe price of the property has not been disclosed but is available to anyone who approaches the seller.\nThe receivers are Edward Avery Gee and Daniel Richardson of Manchester-based business recovery specialists GC&Co.\nBruton Knowles said the property is subject to a lease agreement granted for a term of 125 years from September 2013. The current rent is £39,032 plus VAT per annum.\nThe Plymouth and South West Devon Local Plan identified the property as just outside an area described as “primary shopping area and centre boundary” and planning policy states: \"Land at Mayflower Street East is allocated for an office-led mixed-use development, with active ground floor uses (retail/food and drink) and student accommodation as enabling development.”",
"Derelict Plymouth office site goes on market after firm's liquidation",
"Mayflower House is due to be demolished with plans approved to build an 18-floor student flat tower on the site"
] |
|
[
"Graeme Whitfield"
] | 2021-01-20T13:17:52 | null | 2021-01-20T12:50:17 |
The Spanish firm is switching production to its site at Newton Aycliffe, County Durham
|
https%3A%2F%2Fwww.business-live.co.uk%2Fmanufacturing%2Fautomotive-firm-gestamp-cut-90-19663491.json
|
en
| null |
Automotive firm Gestamp to cut 90 jobs as it nears closure of Washington plant
| 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, had 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 Washington plant to 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 Gestampt Tallent rose to £486.2m, though profitability was hit and the company 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 been through a turbulent period, with Brexit uncertainty and environmental pressures hitting demand even before the disruption of the Covid-19 pandemic.
|
https://www.business-live.co.uk/manufacturing/automotive-firm-gestamp-cut-90-19663491
|
en
| 2021-01-20T00:00:00 |
www.business-live.co.uk/67d53c41e82065353a894562e3634b4d2999f5f1a3b9d4e4c6d256febb441ce0.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, had 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 Washington plant to 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 Gestampt Tallent rose to £486.2m, though profitability was hit and the company reported an operating loss of £2.1m.\nThe 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 been through a turbulent period, with Brexit uncertainty and environmental pressures hitting demand even before the disruption of the Covid-19 pandemic.",
"Automotive firm Gestamp to cut 90 jobs as it nears closure of Washington plant",
"The Spanish firm is switching production to its site at Newton Aycliffe, County Durham"
] |
|
[
"Tom Pegden"
] | 2021-01-13T03:28:12 | null | 2021-01-13T02:59:00 |
Go Plant Fleet Services has relocated its workshop and offices from Ibstock to nearby Bardon
|
https%3A%2F%2Fwww.business-live.co.uk%2Fenterprise%2Fnew-jobs-sweeper-hire-company-19608619.json
|
en
| null |
New jobs at sweeper hire company Go Plant Fleet Services
| 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 business which rents out road sweepers wants to recruit at least five more drivers after opening a new depot in Leicestershire.
Go Plant Fleet Services has relocated its workshop and offices from Ibstock to nearby Bardon.
The site has become the base for the company’s fleet of road sweepers servicing the East Midlands along with a hi-tech repair and maintenance facility and modern offices for 45 staff.
The company, which operates across the UK, now wants to boost its complement of drivers based at the depot.
Ady Bates, depot manager for Go Plant’s East Midlands regional office, said: “We relocated the workshop and office that was based in Ibstock and our brand new depot in Bardon is now fully operational.
“The move actually took place during lockdown earlier this year and the team did a fabulous job in challenging circumstances.
“Now it’s up and running, we have a terrific modern base for our operated hire sweepers and a repair and maintenance facility for our own fleet.
“The depot is in an ideal location to access the main transport network so it puts us in a great position to service the entire East Midlands region.”
He said at least five full-time positions are being made available for HGV sweeper drivers with a Category C and DCPC card – and with the business still growing he said there could be more in future.
He said: “Our drivers are responsible for delivering levels of service that set us apart and for ensuring projects are completed to the highest standard.
“They’re the face of our business, so it’s vitally important that we get the right kind of people with the right skills and the right approach.
“We’re looking for five initially, but more positions could well become available in the near future.”
|
https://www.business-live.co.uk/enterprise/new-jobs-sweeper-hire-company-19608619
|
en
| 2021-01-13T00:00:00 |
www.business-live.co.uk/c8558cddfd80e37e297bb27f314535571be5469403cb9daa941d32f2da613815.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 business which rents out road sweepers wants to recruit at least five more drivers after opening a new depot in Leicestershire.\nGo Plant Fleet Services has relocated its workshop and offices from Ibstock to nearby Bardon.\nThe site has become the base for the company’s fleet of road sweepers servicing the East Midlands along with a hi-tech repair and maintenance facility and modern offices for 45 staff.\nThe company, which operates across the UK, now wants to boost its complement of drivers based at the depot.\nAdy Bates, depot manager for Go Plant’s East Midlands regional office, said: “We relocated the workshop and office that was based in Ibstock and our brand new depot in Bardon is now fully operational.\n“The move actually took place during lockdown earlier this year and the team did a fabulous job in challenging circumstances.\n“Now it’s up and running, we have a terrific modern base for our operated hire sweepers and a repair and maintenance facility for our own fleet.\n“The depot is in an ideal location to access the main transport network so it puts us in a great position to service the entire East Midlands region.”\nHe said at least five full-time positions are being made available for HGV sweeper drivers with a Category C and DCPC card – and with the business still growing he said there could be more in future.\nHe said: “Our drivers are responsible for delivering levels of service that set us apart and for ensuring projects are completed to the highest standard.\n“They’re the face of our business, so it’s vitally important that we get the right kind of people with the right skills and the right approach.\n“We’re looking for five initially, but more positions could well become available in the near future.”",
"New jobs at sweeper hire company Go Plant Fleet Services",
"Go Plant Fleet Services has relocated its workshop and offices from Ibstock to nearby Bardon"
] |
|
[
"Alistair Houghton"
] | 2021-01-13T05:10:06 | null | 2021-01-13T03:00:00 |
Reach titles join forces to help small firms stay in touch with customers
|
https%3A%2F%2Fwww.business-live.co.uk%2Fenterprise%2Forder-local-campaign-returns-help-19612807.json
|
en
| null |
Order Local campaign returns to help independent businesses across the country through lockdown
| 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
Businesses across the UK are once again facing a battle to survive - and once again we are here to help support them.
For the third time, our Order Local campaign at Reach plc is relaunching to put independent businesses - particularly in the hardest hit retail and hospitality sectors - in touch with as many customers as possible.
All business owners need to do is list themselves in the form below, or here , if they’re still open for delivery or collection and their services will be publicised for free in our interactive search tool to potential customers in their area.
Since Order Local was first launched last year, more than 6.5m people have used it to find businesses near them who have switched to delivery and collection.
It’s an entirely free service and gives local businesses the chance to reach some of the 600,000 people who use InYourArea every day, as well as the many millions of visitors to our sister Reach plc titles across the UK.
Hundreds of businesses were supported by Order Local over Christmas, and before that when coronavirus restrictions first began to tighten, and now it’s time to do it again.
We’ll be urging people to do everything they can to support traders local to them by ordering local wherever possible - and businesses can ensure they reach them by adding their details below to appear in our search tool. If you have added your business to our Order Local or Shop Local campaigns previously, please do so again to be sure your details are up-to-date and made visible to potential customers.
You can help spread the word by sharing a picture of your purchases on InYourArea and on social media with the hashtag #OrderLocal.
Don't forget to tag the business to show your support - and you can share it with us too by tagging @InYourArea_UK on Instagram.
|
https://www.business-live.co.uk/enterprise/order-local-campaign-returns-help-19612807
|
en
| 2021-01-13T00:00:00 |
www.business-live.co.uk/682b8baeefbe83751bda47115f8d10a568cc515c4fca8e215b3046003030b277.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\nBusinesses across the UK are once again facing a battle to survive - and once again we are here to help support them.\nFor the third time, our Order Local campaign at Reach plc is relaunching to put independent businesses - particularly in the hardest hit retail and hospitality sectors - in touch with as many customers as possible.\nAll business owners need to do is list themselves in the form below, or here , if they’re still open for delivery or collection and their services will be publicised for free in our interactive search tool to potential customers in their area.\nSince Order Local was first launched last year, more than 6.5m people have used it to find businesses near them who have switched to delivery and collection.\nIt’s an entirely free service and gives local businesses the chance to reach some of the 600,000 people who use InYourArea every day, as well as the many millions of visitors to our sister Reach plc titles across the UK.\nHundreds of businesses were supported by Order Local over Christmas, and before that when coronavirus restrictions first began to tighten, and now it’s time to do it again.\nWe’ll be urging people to do everything they can to support traders local to them by ordering local wherever possible - and businesses can ensure they reach them by adding their details below to appear in our search tool. If you have added your business to our Order Local or Shop Local campaigns previously, please do so again to be sure your details are up-to-date and made visible to potential customers.\nYou can help spread the word by sharing a picture of your purchases on InYourArea and on social media with the hashtag #OrderLocal.\nDon't forget to tag the business to show your support - and you can share it with us too by tagging @InYourArea_UK on Instagram.",
"Order Local campaign returns to help independent businesses across the country through lockdown",
"Reach titles join forces to help small firms stay in touch with customers"
] |
|
[
"David Laister"
] | 2021-01-13T12:41:55 | null | 2021-01-13T12:14:17 |
Zero carbon fuel converting developer is behind major Humber plans and is delivering on the continent
|
https%3A%2F%2Fwww.business-live.co.uk%2Fmanufacturing%2Fitm-power-seals-deal-largest-19616431.json
|
en
| null |
ITM power seals deal for largest electrolyser ever with Linde
| 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
Hydrogen pioneer ITM Power has agreed the sale of the world’s largest electrolyser to Linde.
The 24MW installation will go to Leuna Chemical Complex in Germany, with Linde to build it in a joint venture with the Sheffield company, then own and operate the proton exchange membrane.
The Sheffield firm’s equipment will supply green hydrogen to industrial customers through existing pipeline networks.
It will also be liquified and distributed to hydrogen refueling stations in the region. The plant’s total capacity could support up to 40 million kilometres of bus travel, saving 40,000 tonnes of carbon dioxide tailpipe emissions annually, or up to 600,000 tonnes over its 15-year lifespan.
The plant is due to start production in the second half of 2022.
Graham Cooley, chief executive of ITM Power, said: “This is the first sale via our joint venture with Linde and is currently the world’s largest announced PEM electrolyser. This is a significant addition to our sales pipeline and illustrates how the capacity and efficiency of our new factory allows us to tender for much larger scale projects. It demonstrates the growing commitment by industry to use green hydrogen produced by electrolysis to decarbonise production processes. We look forward to working closely with Linde to deliver this exciting project.”
Linde is at the forefront in the transition to clean hydrogen and has installed close to 200 hydrogen fueling stations and 80 hydrogen electrolysis plants worldwide
“Clean hydrogen is a cornerstone of the German and EU strategies to address the challenge of climate change. It is part of the solution to help reduce carbon dioxide emissions across many industries, including chemicals and refining,” said Jens Waldeck, Linde president for western Europe.
“This project shows that electrolyser capacity continues to scale up and is a stepping stone towards even larger plants.”
Andreas Rupieper has been appointed as managing director of the engineering joint venture.
He said: “ITM Linde Electrolysis GmbH is delighted to have received this order for the world’s largest PEM electrolyser from Linde Gas. The close working relationship between the ITM Power engineering team and Linde Engineering in Dresden is driving forward our industrial scale offering to the green gases market. Because we have well-engineered and integrated turn key solutions available today for customers, we feel confident that this important 24MW project is just the beginning of our journey together.”
|
https://www.business-live.co.uk/manufacturing/itm-power-seals-deal-largest-19616431
|
en
| 2021-01-13T00:00:00 |
www.business-live.co.uk/eee3a122551696c17e87fcb2a2650f7aa9b439c8dd36b96ad4818a5a10f4435f.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\nHydrogen pioneer ITM Power has agreed the sale of the world’s largest electrolyser to Linde.\nThe 24MW installation will go to Leuna Chemical Complex in Germany, with Linde to build it in a joint venture with the Sheffield company, then own and operate the proton exchange membrane.\nThe Sheffield firm’s equipment will supply green hydrogen to industrial customers through existing pipeline networks.\nIt will also be liquified and distributed to hydrogen refueling stations in the region. The plant’s total capacity could support up to 40 million kilometres of bus travel, saving 40,000 tonnes of carbon dioxide tailpipe emissions annually, or up to 600,000 tonnes over its 15-year lifespan.\nThe plant is due to start production in the second half of 2022.\nGraham Cooley, chief executive of ITM Power, said: “This is the first sale via our joint venture with Linde and is currently the world’s largest announced PEM electrolyser. This is a significant addition to our sales pipeline and illustrates how the capacity and efficiency of our new factory allows us to tender for much larger scale projects. It demonstrates the growing commitment by industry to use green hydrogen produced by electrolysis to decarbonise production processes. We look forward to working closely with Linde to deliver this exciting project.”\nLinde is at the forefront in the transition to clean hydrogen and has installed close to 200 hydrogen fueling stations and 80 hydrogen electrolysis plants worldwide\n“Clean hydrogen is a cornerstone of the German and EU strategies to address the challenge of climate change. It is part of the solution to help reduce carbon dioxide emissions across many industries, including chemicals and refining,” said Jens Waldeck, Linde president for western Europe.\n“This project shows that electrolyser capacity continues to scale up and is a stepping stone towards even larger plants.”\nAndreas Rupieper has been appointed as managing director of the engineering joint venture.\nHe said: “ITM Linde Electrolysis GmbH is delighted to have received this order for the world’s largest PEM electrolyser from Linde Gas. The close working relationship between the ITM Power engineering team and Linde Engineering in Dresden is driving forward our industrial scale offering to the green gases market. Because we have well-engineered and integrated turn key solutions available today for customers, we feel confident that this important 24MW project is just the beginning of our journey together.”",
"ITM power seals deal for largest electrolyser ever with Linde",
"Zero carbon fuel converting developer is behind major Humber plans and is delivering on the continent"
] |
|
[
"Owen Hughes",
"Image",
"Julian Hamilton Daily Mirror",
"Daily Post"
] | 2021-01-19T11:16:23 | null | 2021-01-19T10:49:18 |
Growth Track 360 partnership and MPs across the regions have submitted proposals to the Union Connectivity Review
|
https%3A%2F%2Fwww.business-live.co.uk%2Feconomic-development%2Froad-rail-port-investments-needed-19653774.json
|
en
| null |
The road, rail and port investments needed to boost economy of North Wales and border regions
| 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 road, rail and port investment wish-list needed to boost North Wales and the border counties has been submitted to the UK Government’s Union Connectivity Review.
The review led by Sir Peter Hendy is looking at how infrastructure investment can help ‘level-up’ the UK.
Local authority leaders from North Wales, the Wirral and Cheshire West and Chester in the Growth Track 360 partnership have made a joint submission to press for the projects they believe can boost the regions.
This is where they believe the focus should be for investment:
■ The East – West North Wales Coastal Corridor embracing the North Wales Coast Mainline railway and the A55 and A494 roads which connect to the UK’s national networks at Chester. This includes Electrification of the North Wales Coast Main Line from Holyhead to Chester and then onwards to Crewe and Warrington. They want this to happen by 2030.
They also want improvements in the resilience and capacity of the A55.
(Image: Daily Post)
■ The North-South Corridor of the A483/A5 roads from Chester to Shrewsbury and the English Midlands and its associated railway. They want Improvements to A483 Junctions at Wrexham (A5156 for the A534 and WrexhamIndustrial Estate, A541 for Mold and the A525 for Ruthin) which will open up development land and ease congestion for traffic moving to and from the Midlands on the corridor.
■ Local road and rail networks to enable a North Wales Metro based on rail hubs connected to employment and residential areas by integrated bus services and active travel corridors.
Growth Track 360 also supports the delivery of UK strategic rail schemes like HS2 at a Crewe Hub Station with a Crewe North Connection and Northern Powerhouse Rail and HS2 at a Warrington Bank Quay interchange.
They also want investment in Chester station.
In addition, the submission argues for improved ferry links between both Holyhead and Birkenhead with Northern Ireland to bring about greater connectivity faster than a fixed link from Scotland. They also say a rail freight terminal is needed at Holyhead to enable the switching of freight to and from Ireland from road to rail in the future.
Growth Track 360 Chair – Councillor Louise Gittins, Leader of Cheshire West and Chester – and Vice Chair – Councillor Ian Roberts, Leader of Flintshire – in November urged the Chancellor to “seize the opportunity to strengthen the union, generate inclusive economic growth, promote sustainable transport and reduce carbon emissions” through investments in cross-border rail modernisation schemes in North Wales, the Wirral and Cheshire.
Cllr Roberts said: “We are urging Sir Peter Hendy to recommend new and faster methods for delivering transport investment in our region which spans two of the four nations of the UK and whose transport infrastructure has fallen between too many separate processes.”
The Mersey Dee North Wales All-Party Parliamentary Group has also put in its submission to the review.
Dr James Davies MP, Chair, Mersey Dee North Wales All-Party Parliamentary Group, said: “There have long been calls for electrification of the Crewe-Holyhead railway for economic purposes, but the benefit:cost ratio for this has proven insufficient to meet HM Treasury ‘Green Book’ demands.
“We would argue that moderate investment in the region’s line speeds and bottlenecks in years gone by would have driven up passenger use and demonstrated the potential to be realised from electrification, and that this remains the case.
"The decarbonisation agenda is likely to require electrification of the line in due course, but relying on this alone may mean a further wait of 20 years.
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.
"We would urge you to recommend that the government bring electrification forward to 2030,to allow classic-compatible HS2 trains to run through to Holyhead.”
They also call for an improvement to local routes with quicker and more frequent services.
He added: “With regard to road connections, we would point to the A55, which is a crucial piece of national infrastructure relevant to your review. It would benefit from additional capacity and linkages, particularly along its eastern stretches.”
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/road-rail-port-investments-needed-19653774
|
en
| 2021-01-19T00:00:00 |
www.business-live.co.uk/20e8c03bbbefb91a50eecad3c76abd6a252c064030c38a585699b2098dbe2660.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 road, rail and port investment wish-list needed to boost North Wales and the border counties has been submitted to the UK Government’s Union Connectivity Review.\nThe review led by Sir Peter Hendy is looking at how infrastructure investment can help ‘level-up’ the UK.\nLocal authority leaders from North Wales, the Wirral and Cheshire West and Chester in the Growth Track 360 partnership have made a joint submission to press for the projects they believe can boost the regions.\nThis is where they believe the focus should be for investment:\n■ The East – West North Wales Coastal Corridor embracing the North Wales Coast Mainline railway and the A55 and A494 roads which connect to the UK’s national networks at Chester. This includes Electrification of the North Wales Coast Main Line from Holyhead to Chester and then onwards to Crewe and Warrington. They want this to happen by 2030.\nThey also want improvements in the resilience and capacity of the A55.\n(Image: Daily Post)\n■ The North-South Corridor of the A483/A5 roads from Chester to Shrewsbury and the English Midlands and its associated railway. They want Improvements to A483 Junctions at Wrexham (A5156 for the A534 and WrexhamIndustrial Estate, A541 for Mold and the A525 for Ruthin) which will open up development land and ease congestion for traffic moving to and from the Midlands on the corridor.\n■ Local road and rail networks to enable a North Wales Metro based on rail hubs connected to employment and residential areas by integrated bus services and active travel corridors.\nGrowth Track 360 also supports the delivery of UK strategic rail schemes like HS2 at a Crewe Hub Station with a Crewe North Connection and Northern Powerhouse Rail and HS2 at a Warrington Bank Quay interchange.\nThey also want investment in Chester station.\nIn addition, the submission argues for improved ferry links between both Holyhead and Birkenhead with Northern Ireland to bring about greater connectivity faster than a fixed link from Scotland. They also say a rail freight terminal is needed at Holyhead to enable the switching of freight to and from Ireland from road to rail in the future.\nGrowth Track 360 Chair – Councillor Louise Gittins, Leader of Cheshire West and Chester – and Vice Chair – Councillor Ian Roberts, Leader of Flintshire – in November urged the Chancellor to “seize the opportunity to strengthen the union, generate inclusive economic growth, promote sustainable transport and reduce carbon emissions” through investments in cross-border rail modernisation schemes in North Wales, the Wirral and Cheshire.\nCllr Roberts said: “We are urging Sir Peter Hendy to recommend new and faster methods for delivering transport investment in our region which spans two of the four nations of the UK and whose transport infrastructure has fallen between too many separate processes.”\nThe Mersey Dee North Wales All-Party Parliamentary Group has also put in its submission to the review.\nDr James Davies MP, Chair, Mersey Dee North Wales All-Party Parliamentary Group, said: “There have long been calls for electrification of the Crewe-Holyhead railway for economic purposes, but the benefit:cost ratio for this has proven insufficient to meet HM Treasury ‘Green Book’ demands.\n“We would argue that moderate investment in the region’s line speeds and bottlenecks in years gone by would have driven up passenger use and demonstrated the potential to be realised from electrification, and that this remains the case.\n\"The decarbonisation agenda is likely to require electrification of the line in due course, but relying on this alone may mean a further wait of 20 years.\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\"We would urge you to recommend that the government bring electrification forward to 2030,to allow classic-compatible HS2 trains to run through to Holyhead.”\nThey also call for an improvement to local routes with quicker and more frequent services.\nHe added: “With regard to road connections, we would point to the A55, which is a crucial piece of national infrastructure relevant to your review. It would benefit from additional capacity and linkages, particularly along its eastern stretches.”\nTo have your say on this story please use our comments section at the top of this article",
"The road, rail and port investments needed to boost economy of North Wales and border regions",
"Growth Track 360 partnership and MPs across the regions have submitted proposals to the Union Connectivity Review"
] |
|
[
"Tom Houghton"
] | 2021-01-06T10:27:40 | null | 2021-01-06T09:41:00 |
The firm has had a difficult 12 months - struggling with the effects of the coronavirus, and being hit by accounting investigations
|
https%3A%2F%2Fwww.business-live.co.uk%2Fretail-consumer%2Flookers-plc-announces-retail-expert-19570842.json
|
en
| null |
Lookers plc announces retail expert Anna Bielby as new interim CFO in latest change for car dealer
| 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
Car dealer Lookers has announced that a new director and interim chief financial officer has joined the company in the latest high-profile appointment.
The Greater Manchester-based firm has unveiled Anna Bielby with effect from January 5.
The Altrincham firm said Ms Bielby has trained as a chartered accountant with PwC, where she worked for 14 years specialising in retail, and also as audit director.
In an announcement to the markets on Wednesday, Lookers said she brings PLC experience - having worked at KCOM Group for five years in a number of senior financial roles, latterly as CFO.
Ms Bielby fills in the role vacated by Mark Raban, who was promoted to CEO in February.
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.
It's the latest announcement from Lookers, a firm that has been hit by accounting investigations over the past year.
In November, the company said the investigation into "potentially fraudulent transactions" found fraud led to a loss of £327,000.
Like many other firms, it struggled to cope with the effects of the coronavirus pandemic, and in June last year announced plans to cut 1,500 jobs.
|
https://www.business-live.co.uk/retail-consumer/lookers-plc-announces-retail-expert-19570842
|
en
| 2021-01-06T00:00:00 |
www.business-live.co.uk/6eb748f463d86be5db04a0ce9008a8e6be27ad9752dbbf00bd86cfbad7cbb108.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\nCar dealer Lookers has announced that a new director and interim chief financial officer has joined the company in the latest high-profile appointment.\nThe Greater Manchester-based firm has unveiled Anna Bielby with effect from January 5.\nThe Altrincham firm said Ms Bielby has trained as a chartered accountant with PwC, where she worked for 14 years specialising in retail, and also as audit director.\nIn an announcement to the markets on Wednesday, Lookers said she brings PLC experience - having worked at KCOM Group for five years in a number of senior financial roles, latterly as CFO.\nMs Bielby fills in the role vacated by Mark Raban, who was promoted to CEO in February.\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.\nIt's the latest announcement from Lookers, a firm that has been hit by accounting investigations over the past year.\nIn November, the company said the investigation into \"potentially fraudulent transactions\" found fraud led to a loss of £327,000.\nLike many other firms, it struggled to cope with the effects of the coronavirus pandemic, and in June last year announced plans to cut 1,500 jobs.",
"Lookers plc announces retail expert Anna Bielby as new interim CFO in latest change for car dealer",
"The firm has had a difficult 12 months - struggling with the effects of the coronavirus, and being hit by accounting investigations"
] |
|
[
"Jonathon Manning",
"Image",
"Pa",
"Newcastle Journal"
] | 2021-01-17T01:52:08 | null | 2021-01-17T00:00:00 |
The Newcastle firms have both made Glassdoor's Best Places to Work list, which is based on feedback from employees
|
https%3A%2F%2Fwww.business-live.co.uk%2Fenterprise%2Fnorth-east-firms-sage-greggs-19636432.json
|
en
| null |
North East firms Sage and Greggs on list of UK's best places to work
| 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
Two of the North East’s biggest companies have been named among the best places to work in the UK.
Tech giant Sage and bakery chain Greggs have both made Glassdoor’s Best Places to Work list.
The list - also known as the Employee’s Choice Awards - ranks businesses based on feedback from staff working at each company.
International software firm Sage, which is headquartered at Newcastle’s Great Park, was named the 16th best place to work. One worker said the company had shown it “really cares” for its employees during the pandemic.
Commenting on Sage’s inclusion in the list, UK and Ireland managing partner Paul Struthers said: “It is fantastic that the UK team at Sage has been recognised by Glassdoor. Over the past 12 months our 2,000 colleagues in the North East and across the country have come together to support our customers, our communities and one another, through the most challenging of times.
(Image: Newcastle Journal)
“Like every business, we’ve had to adapt to a new way of working, without impacting the level of support and guidance we provide to our million-plus customers in the UK.
“We believe in the power of empathy, listening and understanding. Our colleagues can access tools and resources that support their mental and physical wellbeing and we take the time to listen to our team, responding to their needs as their working and personal lives are challenged.”
Popular bakery chain Greggs also made the list, coming in at number 49. One member of staff praised the business for its “good family values, excellent benefits and good atmosphere”.
Roisin Currie, people and retail director at Greggs, said: “We are delighted to be recognised as a top 50 employer in Glassdoor’s Best Places to Work list for 2021. People are at the very heart of our business and we are committed to providing all our colleagues a great place to work, where they feel valued.”
Customer relationship platform Salesforce was named as the best company to work for in the Glassdoor awards. Other companies that ranked highly in the list include Microsoft, Google, Bella Italia and Facebook.
|
https://www.business-live.co.uk/enterprise/north-east-firms-sage-greggs-19636432
|
en
| 2021-01-17T00:00:00 |
www.business-live.co.uk/8adcc88200624bda83ef4dd79ccd7b34547434da804dd74e8a4b14068abf71fa.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\nTwo of the North East’s biggest companies have been named among the best places to work in the UK.\nTech giant Sage and bakery chain Greggs have both made Glassdoor’s Best Places to Work list.\nThe list - also known as the Employee’s Choice Awards - ranks businesses based on feedback from staff working at each company.\nInternational software firm Sage, which is headquartered at Newcastle’s Great Park, was named the 16th best place to work. One worker said the company had shown it “really cares” for its employees during the pandemic.\nCommenting on Sage’s inclusion in the list, UK and Ireland managing partner Paul Struthers said: “It is fantastic that the UK team at Sage has been recognised by Glassdoor. Over the past 12 months our 2,000 colleagues in the North East and across the country have come together to support our customers, our communities and one another, through the most challenging of times.\n(Image: Newcastle Journal)\n“Like every business, we’ve had to adapt to a new way of working, without impacting the level of support and guidance we provide to our million-plus customers in the UK.\n“We believe in the power of empathy, listening and understanding. Our colleagues can access tools and resources that support their mental and physical wellbeing and we take the time to listen to our team, responding to their needs as their working and personal lives are challenged.”\nPopular bakery chain Greggs also made the list, coming in at number 49. One member of staff praised the business for its “good family values, excellent benefits and good atmosphere”.\nRoisin Currie, people and retail director at Greggs, said: “We are delighted to be recognised as a top 50 employer in Glassdoor’s Best Places to Work list for 2021. People are at the very heart of our business and we are committed to providing all our colleagues a great place to work, where they feel valued.”\nCustomer relationship platform Salesforce was named as the best company to work for in the Glassdoor awards. Other companies that ranked highly in the list include Microsoft, Google, Bella Italia and Facebook.",
"North East firms Sage and Greggs on list of UK's best places to work",
"The Newcastle firms have both made Glassdoor's Best Places to Work list, which is based on feedback from employees"
] |
|
[
"Graeme Whitfield"
] | 2021-01-29T12:24:26 | null | 2021-01-29T11:35:15 |
Card Factory has been given an extra month to negotiate with lenders to avoid breaching banking covenants on a £200m loan.
|
https%3A%2F%2Fwww.business-live.co.uk%2Fretail-consumer%2Fcard-factory-gets-months-grace-19726112.json
|
en
| null |
Card Factory gets month's grace with lenders over banking covenants
| 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
Card Factory has been given an extra month to negotiate with lenders to avoid breaching banking covenants on a £200m loan.
Bosses had warned the Wakefield company was set to breach the loan rules by the end of the month following a plunge in sales during the coronavirus pandemic.
But the greetings card retailer said today that its lenders will provide a waiver to the expected breach until February 28 while talks continue.
In a statement, Card Factory said: “We remain in constructive discussions with our banks, and have agreed a process to continue to explore a range of potential solutions, with scope for further extensions to the waivers as this process continues.”
Earlier this month, the retailer revealed that sales fell by 38.1% after its stores were forced to shut completely for 37% of potential trading days because of coronavirus lockdowns.
Its online channels performed “strongly” over the 11 months to the end of 2020, with cardfactory.com reporting 137% growth in like-for-like sales, while its trade sales grew by 63%.
The retailer said at the time that it expected to report a pre-tax loss of about £10m for the year, compared with a profit of more than £65m in the previous year.
Card Factory’s announcement came less than 24 hours after rival card-seller Paperchase secured a rescue deal which will save around 1,000 jobs and the majority of stores after tumbling into administration.
However, it said 37 of its 127 stores will shut their doors permanently despite the move.
Administrators revealed that newly formed company Aspen Phoenix Newco, which is backed by Permira Debt Managers, is to take control of the high street retailer.
Meanwhile, online competitor Moonpig is gearing up for a stock market listing later this year in a move expected to value it at more than £1bn after posting a 135% sales jump in the six months to October as the pandemic drove more customers online.
|
https://www.business-live.co.uk/retail-consumer/card-factory-gets-months-grace-19726112
|
en
| 2021-01-29T00:00:00 |
www.business-live.co.uk/3555d35cc35963dc4f80aa0dd8fecc0f3a318904445d1ec84f50d3f6c598541d.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\nCard Factory has been given an extra month to negotiate with lenders to avoid breaching banking covenants on a £200m loan.\nBosses had warned the Wakefield company was set to breach the loan rules by the end of the month following a plunge in sales during the coronavirus pandemic.\nBut the greetings card retailer said today that its lenders will provide a waiver to the expected breach until February 28 while talks continue.\nIn a statement, Card Factory said: “We remain in constructive discussions with our banks, and have agreed a process to continue to explore a range of potential solutions, with scope for further extensions to the waivers as this process continues.”\nEarlier this month, the retailer revealed that sales fell by 38.1% after its stores were forced to shut completely for 37% of potential trading days because of coronavirus lockdowns.\nIts online channels performed “strongly” over the 11 months to the end of 2020, with cardfactory.com reporting 137% growth in like-for-like sales, while its trade sales grew by 63%.\nThe retailer said at the time that it expected to report a pre-tax loss of about £10m for the year, compared with a profit of more than £65m in the previous year.\nCard Factory’s announcement came less than 24 hours after rival card-seller Paperchase secured a rescue deal which will save around 1,000 jobs and the majority of stores after tumbling into administration.\nHowever, it said 37 of its 127 stores will shut their doors permanently despite the move.\nAdministrators revealed that newly formed company Aspen Phoenix Newco, which is backed by Permira Debt Managers, is to take control of the high street retailer.\nMeanwhile, online competitor Moonpig is gearing up for a stock market listing later this year in a move expected to value it at more than £1bn after posting a 135% sales jump in the six months to October as the pandemic drove more customers online.",
"Card Factory gets month's grace with lenders over banking covenants",
"Card Factory has been given an extra month to negotiate with lenders to avoid breaching banking covenants on a £200m loan."
] |
|
[
"Jonathon Manning",
"Image",
"Evening Gazette"
] | 2021-01-13T10:45:29 | null | 2021-01-13T09:53:49 |
The Stockton firm also warned its turnover would be hit by coronavirus
|
https%3A%2F%2Fwww.business-live.co.uk%2Fmanufacturing%2Fcar-parts-firm-nifco-sees-19615102.json
|
en
| null |
Car parts firm Nifco sees turnover fall amid 'volatile' automotive market
| 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
Car parts manufacturer Nifco UK saw its turnover fall by more than £5m during 2019, in what the company describes as a “challenging” year.
The company, which specialises in making injection moulded plastic components from its Stockton site, saw its turnover fall from £71.1m in 2018 to £65.9m in 2019.
Nifco said part of the reason for the drop in sales was down to volatility in the automotive sector, leading to lower demand for its parts.
Writing in the company’s accounts, managing director James Casey said: “2019 saw another challenging year for Nifco UK, and the automotive sector.
“Further Brexit uncertainty generated volatility in demand in the automotive sector having a knock-on effect in production levels within the major OEM manufacturers. The overall reduction in global demand also saw production levels reducing further.”
Despite the fall in sales, Nifco managed to improve its operating profit over the year, from £4.6m to £5.7m.
The increase in profits was largely down to the 2018 figures being impacted by restructuring costs of £533,000.
Mr Casey added: “The underlying operating profit margin has increased despite reduced sales through continuous improvement activities, including a continued focus on both resource efficiency and planning, and further cost saving initiatives to mitigate any losses from reduced sales levels.
“Continued improvements in repeatable high quality production has seen significant improvement in the total quality delivered to customers and a reduction in overall cost of quality.”
The accounts also warned that Nifco’s 2020 financial results will be hit by the coronavirus pandemic, which led to many car manufacturers, including Sunderland’s Nissan plant, temporarily closing.
The company said: “The automotive market was heavily affected by the Covid crisis with the lockdown during Q2 forcing many car manufacturers to cease production in April and into May with reduced capacity into Q3.
“This has had a significant effect on turnover in Q2, specifically in April and May, we have so far seen a slow recovery back to budgeted levels towards the end of Q3 and we anticipate this will continue throughout Q4 to the end of the year.
“The use of the Government’s job retention scheme along with a stringent focus on resources requirements and cost control, allied to parent company support through deferment of group cash payments, allowed us to mitigate the short term effect on cash flow.”
Despite these issues Nifco said it was confident the business would continue its strong performance into 2021.
|
https://www.business-live.co.uk/manufacturing/car-parts-firm-nifco-sees-19615102
|
en
| 2021-01-13T00:00:00 |
www.business-live.co.uk/63c67cbf6d8b1a73fb4a41decf85fc76fc7a3c2bf39ef649b564cf03c6db910b.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\nCar parts manufacturer Nifco UK saw its turnover fall by more than £5m during 2019, in what the company describes as a “challenging” year.\nThe company, which specialises in making injection moulded plastic components from its Stockton site, saw its turnover fall from £71.1m in 2018 to £65.9m in 2019.\nNifco said part of the reason for the drop in sales was down to volatility in the automotive sector, leading to lower demand for its parts.\nWriting in the company’s accounts, managing director James Casey said: “2019 saw another challenging year for Nifco UK, and the automotive sector.\n“Further Brexit uncertainty generated volatility in demand in the automotive sector having a knock-on effect in production levels within the major OEM manufacturers. The overall reduction in global demand also saw production levels reducing further.”\nDespite the fall in sales, Nifco managed to improve its operating profit over the year, from £4.6m to £5.7m.\nThe increase in profits was largely down to the 2018 figures being impacted by restructuring costs of £533,000.\nMr Casey added: “The underlying operating profit margin has increased despite reduced sales through continuous improvement activities, including a continued focus on both resource efficiency and planning, and further cost saving initiatives to mitigate any losses from reduced sales levels.\n“Continued improvements in repeatable high quality production has seen significant improvement in the total quality delivered to customers and a reduction in overall cost of quality.”\nThe accounts also warned that Nifco’s 2020 financial results will be hit by the coronavirus pandemic, which led to many car manufacturers, including Sunderland’s Nissan plant, temporarily closing.\nThe company said: “The automotive market was heavily affected by the Covid crisis with the lockdown during Q2 forcing many car manufacturers to cease production in April and into May with reduced capacity into Q3.\n“This has had a significant effect on turnover in Q2, specifically in April and May, we have so far seen a slow recovery back to budgeted levels towards the end of Q3 and we anticipate this will continue throughout Q4 to the end of the year.\n“The use of the Government’s job retention scheme along with a stringent focus on resources requirements and cost control, allied to parent company support through deferment of group cash payments, allowed us to mitigate the short term effect on cash flow.”\nDespite these issues Nifco said it was confident the business would continue its strong performance into 2021.",
"Car parts firm Nifco sees turnover fall amid 'volatile' automotive market",
"The Stockton firm also warned its turnover would be hit by coronavirus"
] |
|
[
"Graeme Whitfield",
"Image",
"Handout Berghaus"
] | 2021-01-08T17:46:49 | null | 1959-02-21T00:00:00 |
The Sunderland-based outdoor clothing has issued accounts for 2019 which saw turnover increase but losses widen
|
https%3A%2F%2Fwww.business-live.co.uk%2Fretail-consumer%2Fberghaus-signals-challenging-times-looks-19590202.json
|
en
| null |
Berghaus signals 'challenging' times but looks to capitalise on outdoor trends
| 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
Outdoor clothing brand Berghaus says it is facing a “challenging” period though it is also hoping to capitalise on a boom in people enjoying the outdoors as they try to cope with the coronavirus pandemic.
The Sunderland company, which started life as the in-house brand of Newcastle’s LD Mountain Centre, has issued accounts for 2019 which show that turnover rose slightly to £54.6m, though losses widened from £800,000 a year earlier to £1m.
The company performed well in the UK market, with a 7.5% increase in turnover compared to overall outdoor market growth of 4.4%.
It said investment in new processes to bring products to market quicker had resulted in recruitment in 2019 and 2020, and that investment had contributed to the company’s operating loss.
The accounts say: “Given the prevalence of uncertainty arising from political and economic instability in the global market, as well as the inherent risks faced by the business, the directors acknowledge that the future year will be a challenging period.
“However, through a combination of strong industry knowledge and robust long-term strategic planning, the directors remain confident that the business will continue to overcome the challenges it faces.”
The accounts note that most of the company’s supplies are sourced from outside the UK and it would be monitoring the impact on its supply chain of the UK’s departure from the EU.
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.
It said the coronavirus crisis had had a “major impact” on its retail customers and that it expected a signifiant drop in demand for the next 12-18 months. The company said it had taken advantage of the Government’s Coronavirus Job Retention Scheme to furlough some staff, topping up their pay to 100% levels until October.
Berghaus also highlighted the work of the Act (Action, Transformation, Collaboration) and Ethical Trading Initiative organisations - both of which it is a founder member - in ensuring that clothing companies acted ethically and paid in full to other firms in their supply chains during the pandemic.
A statement released by the company said: “The 2019 results demonstrate how a sustained marketing and sales focus in the UK boosted domestic turnover and the investments in people and products during the year means that Berghaus is looking ahead with confidence.”
|
https://www.business-live.co.uk/retail-consumer/berghaus-signals-challenging-times-looks-19590202
|
en
| 1959-02-21T00:00:00 |
www.business-live.co.uk/b598a983fb20e4e2e6ac5fe1ead3bf90e4a490d87945a4b10ceec3126bee1d87.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\nOutdoor clothing brand Berghaus says it is facing a “challenging” period though it is also hoping to capitalise on a boom in people enjoying the outdoors as they try to cope with the coronavirus pandemic.\nThe Sunderland company, which started life as the in-house brand of Newcastle’s LD Mountain Centre, has issued accounts for 2019 which show that turnover rose slightly to £54.6m, though losses widened from £800,000 a year earlier to £1m.\nThe company performed well in the UK market, with a 7.5% increase in turnover compared to overall outdoor market growth of 4.4%.\nIt said investment in new processes to bring products to market quicker had resulted in recruitment in 2019 and 2020, and that investment had contributed to the company’s operating loss.\nThe accounts say: “Given the prevalence of uncertainty arising from political and economic instability in the global market, as well as the inherent risks faced by the business, the directors acknowledge that the future year will be a challenging period.\n“However, through a combination of strong industry knowledge and robust long-term strategic planning, the directors remain confident that the business will continue to overcome the challenges it faces.”\nThe accounts note that most of the company’s supplies are sourced from outside the UK and it would be monitoring the impact on its supply chain of the UK’s departure from the EU.\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.\nIt said the coronavirus crisis had had a “major impact” on its retail customers and that it expected a signifiant drop in demand for the next 12-18 months. The company said it had taken advantage of the Government’s Coronavirus Job Retention Scheme to furlough some staff, topping up their pay to 100% levels until October.\nBerghaus also highlighted the work of the Act (Action, Transformation, Collaboration) and Ethical Trading Initiative organisations - both of which it is a founder member - in ensuring that clothing companies acted ethically and paid in full to other firms in their supply chains during the pandemic.\nA statement released by the company said: “The 2019 results demonstrate how a sustained marketing and sales focus in the UK boosted domestic turnover and the investments in people and products during the year means that Berghaus is looking ahead with confidence.”",
"Berghaus signals 'challenging' times but looks to capitalise on outdoor trends",
"The Sunderland-based outdoor clothing has issued accounts for 2019 which saw turnover increase but losses widen"
] |
|
[
"Hannah Baker",
"Image",
"Steve Parsons Pa Wire",
"Bristol Post",
"Vertical Aerospace"
] | 2021-01-13T12:42:05 | null | 2021-01-13T12:00:00 |
Avation expert Dr Steve Wright looks at how the Covid crisis could level the playing field in an industry previously dominated by global giants
|
https%3A%2F%2Fwww.business-live.co.uk%2Fmanufacturing%2Fwhat-future-holds-south-west-19613998.json
|
en
| null |
What future holds for South West aerospace sector in 2021
| 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 UK’s aerospace sector is attempting to navigate the road to recovery after the collapse in air travel caused by the coronavirus pandemic.
Sector heavyweights, such as Airbus and Rolls-Royce - both major employers in the South West - announced significant cuts to their global workforces last year, including jobs across the UK.
According to analysis by Deloitte, slow recovery in passenger travel could continue to impact Britain’s aerospace industry in 2021, including aircraft deliveries and revenues.
Deloitte said the development of a vaccine could result in short-term growth in passenger traffic, driven by pent-up demand, but is unlikely to offset the damage to lucrative business travel.
ADS, the aerospace trade body, has also warned the aviation and aerospace industries are facing a “deepening crisis” - and said “urgent action” was required to prevent longer-term damage.
Paul Everitt, chief executive of ADS, said travel bans and fragile consumer confidence had left airlines, airports and aerospace manufacturers uncertain about future demand.
A no-deal Brexit - previously also a major concern for the sector - has now been avoided however.
Airbus said it would "analyse the consequences" of the Brexit deal on its operations - but welcomed the news.
"We are pleased that the potential disruption from a no-deal scenario has been avoided,” an Airbus spokesman said. "A strong partnership will generate benefits right across Europe."
But what does it mean for the future of the aerospace industry in the West of England?
The South West has one of the largest concentrations of aerospace and defence capabilities in Europe, and is the biggest aerospace cluster in the UK.
The University of the West of England’s Dr Steve Wright, an aerospace expert who previously worked for Airbus in Filton, predicted in March last year there would be “ a lot of pain” for the sector, which he suggested would probably last for a couple of years at least.
Fast forward to 2021 and it looks like those predictions are being realised.
Despite the doom and gloom within the commercial aerospace sector, however, there are glimmers of hope for the longer term, says Dr Wright.
(Image: Bristol Post)
He believes there will be a shift within aerospace - once dominated by a handful of major global corporations - that will allow exciting new companies to emerge.
“The South West has always had a tradition of aerospace and we don't want this to slip through our fingers.
“In the region we are lucky because the industry has been around so long. The good news is because of that it is baked into our local economy.”
Dr Wright says although bigger sector employers, such as Airbus or Rolls-Royce, might spring to mind when thinking of the South West, there are plenty of “Fred in the shed” operators too.
By this he means small companies, often with just a handful of people who are based in small industrial sites, working on future technologies.
'Everyone wants to be the next Apple of the skies'
“There are two new threads of aerospace - drones and electric flight,” he said. “That's really interesting for the South West because different areas of the UK are jockeying for this new piece of industry. Everyone wants to be the next Apple of the skies.”
According to Dr Wright, drones, in particular, are becoming a major market.
“The military is taking a huge interest in unmanned drones because they see the opportunity - and the threat - of using them. Then there are also companies that are using these drones to deliver goods by air.
“Everybody is wondering whether this is going to be a thing - but nobody knows how much it will take off.”
Dr Wright points to Bristol-based Vertical Aerospace, which was founded in 2016 by green energy giant Ovo’s Stephen Fitzpatrick and is leading the race to develop the world’s first all-electric ‘flying taxi’.
Last year, the company unveiled its designs for what it said would be the world's first certified all-electric vertical take-off and landing (eVTOL) aircraft.
According to its website, Vertical Aerospace’s VA-1X will be able to carry four passengers for 100 miles at cruise speeds of 150mph.
(Image: Vertical Aerospace)
It is currently in development with flight testing taking place in 2021, followed by certification in 2024 and initial commercial services starting shortly afterwards, the company said.
“eVTOL technology will revolutionise travel, combining the safety of commercial airlines with the disruptive environmental and cost benefits of the electrification of flight,” chief executive Michael Cervenka told Bristol Live.
“At Vertical Aerospace we believe that people should be able to quickly and affordably get from A to B without sacrificing the planet - with the VA-1X, this vision will start to be realised in under five years," he added.
There are other small companies emerging too, such as Manna, which is based on the Welsh side of the Bristol Channel in Pontypool.
The business uses custom-developed aerospace-grade drones to deliver directly from restaurants to people’s homes, flying at an altitude of 80 metres and a speed of more than 80kph - and, according to the company, can do it in less than three minutes.
“The bigger aerospace giants are at risk so that's why it's good to have these smaller companies being developed,” added Dr Wright.
“Young companies behave like young people and old companies behave like old people, and because of that, from an investment point of view, it's not for the faint-hearted. But it gives young businesses a chance to compete.
Dr Wright says history has shown that world aviation is able to recover from crises.
“The ones I remember are the Gulf Crisis, 9/11 and the 2008 global recession,” he said.
“Every 10 or 12 years the world airline industry is hit by some major shock [but] the world aviation economy always catches back up.
He added: “Until 2020 the aerospace industry had been consolidating - and now it’s starting again.”
What do you think will happen to the UK aerospace sector in 2021? Be part of the conversation in our comments section below
|
https://www.business-live.co.uk/manufacturing/what-future-holds-south-west-19613998
|
en
| 2021-01-13T00:00:00 |
www.business-live.co.uk/0db72c3266ab5fdbc9ed51626cdb40c19b1a40b6e362013b79db1cbd1ef23594.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 UK’s aerospace sector is attempting to navigate the road to recovery after the collapse in air travel caused by the coronavirus pandemic.\nSector heavyweights, such as Airbus and Rolls-Royce - both major employers in the South West - announced significant cuts to their global workforces last year, including jobs across the UK.\nAccording to analysis by Deloitte, slow recovery in passenger travel could continue to impact Britain’s aerospace industry in 2021, including aircraft deliveries and revenues.\nDeloitte said the development of a vaccine could result in short-term growth in passenger traffic, driven by pent-up demand, but is unlikely to offset the damage to lucrative business travel.\nADS, the aerospace trade body, has also warned the aviation and aerospace industries are facing a “deepening crisis” - and said “urgent action” was required to prevent longer-term damage.\nPaul Everitt, chief executive of ADS, said travel bans and fragile consumer confidence had left airlines, airports and aerospace manufacturers uncertain about future demand.\nA no-deal Brexit - previously also a major concern for the sector - has now been avoided however.\nAirbus said it would \"analyse the consequences\" of the Brexit deal on its operations - but welcomed the news.\n\"We are pleased that the potential disruption from a no-deal scenario has been avoided,” an Airbus spokesman said. \"A strong partnership will generate benefits right across Europe.\"\nBut what does it mean for the future of the aerospace industry in the West of England?\nThe South West has one of the largest concentrations of aerospace and defence capabilities in Europe, and is the biggest aerospace cluster in the UK.\nThe University of the West of England’s Dr Steve Wright, an aerospace expert who previously worked for Airbus in Filton, predicted in March last year there would be “ a lot of pain” for the sector, which he suggested would probably last for a couple of years at least.\nFast forward to 2021 and it looks like those predictions are being realised.\nDespite the doom and gloom within the commercial aerospace sector, however, there are glimmers of hope for the longer term, says Dr Wright.\n(Image: Bristol Post)\nHe believes there will be a shift within aerospace - once dominated by a handful of major global corporations - that will allow exciting new companies to emerge.\n“The South West has always had a tradition of aerospace and we don't want this to slip through our fingers.\n“In the region we are lucky because the industry has been around so long. The good news is because of that it is baked into our local economy.”\nDr Wright says although bigger sector employers, such as Airbus or Rolls-Royce, might spring to mind when thinking of the South West, there are plenty of “Fred in the shed” operators too.\nBy this he means small companies, often with just a handful of people who are based in small industrial sites, working on future technologies.\n'Everyone wants to be the next Apple of the skies'\n“There are two new threads of aerospace - drones and electric flight,” he said. “That's really interesting for the South West because different areas of the UK are jockeying for this new piece of industry. Everyone wants to be the next Apple of the skies.”\nAccording to Dr Wright, drones, in particular, are becoming a major market.\n“The military is taking a huge interest in unmanned drones because they see the opportunity - and the threat - of using them. Then there are also companies that are using these drones to deliver goods by air.\n“Everybody is wondering whether this is going to be a thing - but nobody knows how much it will take off.”\nDr Wright points to Bristol-based Vertical Aerospace, which was founded in 2016 by green energy giant Ovo’s Stephen Fitzpatrick and is leading the race to develop the world’s first all-electric ‘flying taxi’.\nLast year, the company unveiled its designs for what it said would be the world's first certified all-electric vertical take-off and landing (eVTOL) aircraft.\nAccording to its website, Vertical Aerospace’s VA-1X will be able to carry four passengers for 100 miles at cruise speeds of 150mph.\n(Image: Vertical Aerospace)\nIt is currently in development with flight testing taking place in 2021, followed by certification in 2024 and initial commercial services starting shortly afterwards, the company said.\n“eVTOL technology will revolutionise travel, combining the safety of commercial airlines with the disruptive environmental and cost benefits of the electrification of flight,” chief executive Michael Cervenka told Bristol Live.\n“At Vertical Aerospace we believe that people should be able to quickly and affordably get from A to B without sacrificing the planet - with the VA-1X, this vision will start to be realised in under five years,\" he added.\nThere are other small companies emerging too, such as Manna, which is based on the Welsh side of the Bristol Channel in Pontypool.\nThe business uses custom-developed aerospace-grade drones to deliver directly from restaurants to people’s homes, flying at an altitude of 80 metres and a speed of more than 80kph - and, according to the company, can do it in less than three minutes.\n“The bigger aerospace giants are at risk so that's why it's good to have these smaller companies being developed,” added Dr Wright.\n“Young companies behave like young people and old companies behave like old people, and because of that, from an investment point of view, it's not for the faint-hearted. But it gives young businesses a chance to compete.\nDr Wright says history has shown that world aviation is able to recover from crises.\n“The ones I remember are the Gulf Crisis, 9/11 and the 2008 global recession,” he said.\n“Every 10 or 12 years the world airline industry is hit by some major shock [but] the world aviation economy always catches back up.\nHe added: “Until 2020 the aerospace industry had been consolidating - and now it’s starting again.”\nWhat do you think will happen to the UK aerospace sector in 2021? Be part of the conversation in our comments section below",
"What future holds for South West aerospace sector in 2021",
"Avation expert Dr Steve Wright looks at how the Covid crisis could level the playing field in an industry previously dominated by global giants"
] |
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