Lincoln-based finance company appoints three new employees

Lincoln-based Almond Finance has made three appointments on the back of its growth of more than 50% over the last there years.

Two additional Paraplanners and a Mortgage Protection Consultant have joined the team as part of a recruitment drive for the business.

Joshua Davis, 22, joins the business as a Paraplanner, having graduated with a first-class degree in Banking & Finance from the University of Lincoln.

Ryan Sharpe, 35, also joins Almond Financial as a Level 4 Qualified Paraplanner having previously had a career as a research scientist with a PhD in Chemistry. Ryan joins the firm as he looks to redirect his career in financial services.

Joe Fleet-Chapman has joined as Mortgage Protection Consultant. With previous experience in Mortgages and Protection, Joe, 27, specialises in securing property finance.

Sam Robinson, Principal Financial Advisor, said: “It’s great to welcome new talent and fresh, relevant knowledge to the team with our Paraplanners, Joshua and Ryan. We’re also pleased to welcome our new Mortgage Protection Consultant, Joe, coming from his already experienced background in mortgages.

“We’re excited to be working with a growing number of clients nationwide every day. As a company, we look to make financial help accessible to everyone, which is why we’ve made this a priority as we’ve grown through acquiring business outside our previous scope and employing as needed.

“With around 50% of advisors expected to retire over the next 5 years, Almond Financial is well-positioned with a young but experienced team to acquire new business following the transition of market assets.”

Yorkshire Water starts £2m Thorne improvement scheme today

Yorkshire Water is investing £2m to replace almost three kilometres of pipes in Thorne and will start the work today. The company is working with contract partners United Living and Geraghty’s who will be carrying out this work, as the pipework in the area is old and prone to bursting, so the investment into the new pipework will reduce the risk of this happening in future. One main pipe will also be upsized, to relieve pressure issues and ensure the network can cope with any future infrastructure in the area. The first phase of the ten-month project  is set to start on Plantation Road from Monday 15 January, and the second phase on Fair Tree Walk will commence from 12 February. Traffic management and road closures will be in place throughout the duration of the scheme. Steph Horgan, project manager for the scheme at Yorkshire Water said: “This is a fantastic upgrade to the water system in Thorne and I know it will come as welcome news to our customers in the area. “We’ve worked closely with Doncaster Council and our contract partners to ensure that the work will be carried out in phases to complete the project with as little disruption as possible to our customers, and we thank you in advance for your patience during this time. “This work will ensure that our customers will benefit from a more resilient network and allow us to continue providing the high standard of drinking water our customers are used to.”

Parliament hears from Humber region about tech potential in our region

some of the Future Humber and Bondholders team headed to London to support the launch of UK Tech Cluster Group’s report into ‘Four Big Ideas’ for regional tech in Parliament.

Along with representatives from C4DI and other organisations around the Humber, we attended the launch in Parliament of UKTCG’s latest report ‘Ecosystems of Innovation’, looking at grassroots activity in the regions and how potential can be harnessed for growth. UK Tech Cluster Group (UKTCG) members work with tech businesses of all sizes, across all tiers of government and with partners in other key sectors driving our economies. The report outlines ‘Four Big Ideas’ to transform our economy:
  • A globally competitive tech talent pipeline in every region
  • Driving digital innovation at the foundations
  • A UK innovation policy which gives every place a chance
  • Mobilising ecosystems to help businesses to start and grow
The reception was hosted by Alex Davies-Jones, Shadow Minister for the Home Office and Former Shadow Minister for Tech and the Digital Economy. Katie Gallagher, Chair of UKTCG gave an overview of the report and C4DI’s MD John Connolly helped present part of the report. Saqib Bhatti MP, Minister for Tech and the Digital Economy, and Matt Rodda MP, Shadow Minister for AI & Intellectual Property, shared their insights with us. 

Recruitment remains a headache for many firms, says BCC

The labour market remains tight for most firms according to the latest Quarterly Recruitment Outlook survey of almost 5,000 UK firms by the British Chambers of Commerce Insights Unit. Jane Gratton, Deputy Director Public Policy at the BCC said: “The recruitment crisis continues to loom large for many businesses across the UK. “Too many firms are still struggling to hire and retain staff. The situation in the hospitality sector is especially concerning.  At the start of an election year, and with a budget just weeks away, it’s vital that politicians start outlining how we can plug these gaps and support more people into work. “The Chancellor announced several welcome measures on apprenticeships in the Autumn Statement, but more action is needed.  For example, increasing flexibility in the apprenticeship levy would help more people get the workplace training they need. “And we need to ensure that local training provision meets the needs of employers and learners. Local Skills Improvement Plans (LSIPs), many of them led by local Chambers, are now shifting the dial on this by planning for skills needs, now and in the years ahead. But this transformation won’t happen overnight, and LSIPs need long-term funding and commitment from politicians. “We’ll be looking closely at tomorrow’s labour market statistics from the ONS. While the number of vacancies has continued to decline in recent months, the prospects going forward remain challenging. Our latest Quarterly Economic Forecast predicts unemployment is expected to stay higher for longer, hitting 4.8% by the end of 2025 “Businesses urgently need to see a long-term strategy on skills and training from politicians. We need to properly resolve the ongoing recruitment crisis and ultimately boost economic growth.” Fourth quarter results for 2023 show a slight rise in the number of companies facing hiring difficulties, from 73% in Q3 to 76% in Q4. That’s six percent down from the historical high of 82% at the end of 2022, but has remained at or above 70% since the economy reopened  after the pandemic. Attempted recruitment in Q4 was virtually unchanged from the previous quarter, with 59% of responding firms looking to find staff (61% in Q3). The hospitality sector continues to suffer disproportionately from the recruitment difficulties in the economy, with 82% of firms reporting hiring challenges in Q4 (compared with 79% in Q3). This is closely followed by the transport and logistics sector where 81% of businesses attempting to recruit, reported difficulties in finding staff. Meanwhile 79% of construction firms, 77% of manufacturing companies and 66% of retailers, said they had experienced recruitment issues. Of the hospitality firms reporting problems, 62% faced difficulties in finding semi/unskilled workers, 41% skilled manual/technical staff. As firms continue to navigate a series of economic pressures, many are struggling to increase investment in workplace training. For the second quarter in succession, just over a quarter of firms reported an increase in investment plans for staff training (26% compared to 27% in Q3) with 14% reporting a drop (13% in Q3) Labour costs are cited by most firms as a source of cost pressure, with 68% citing this (compared to 66% in Q3). 55% of firms say they’re concerned about energy costs.  

Lincoln’s commercial freehold market is holding its own, say Addison’s

The commercial freehold market in Lincoln is holding its own due to the resilience of local SMEs and a limited supply of available stock, according to Eddisons incorporating Banks Long & Co whose industrial agency has just confirmed that a manufacturer, supplier & retailer of e-liquid vaping products has acquired Jarvis House, Sadler Way, Lincoln.
The 22,905 sq ft Jarvis House workshop with offices, on a 3.75 acre site, was offered either to let or for freehold sale through Eddisons. William Wall, Director, Eddisons, was the lead agent in the sale of Jarvis House on behalf of his client. Announcing the completion of the sale, he said, “There is a squeezed supply of freeholds in this part of the East Midlands. “This means that our clients can remain confident in achieving local agents’ quoting prices where the acquiring business is as robust and focused as the new occupier of Jarvis House.”

Electric bus depot development starts in Rawmarsh

Work has started at a depot to bring the first fleet of zero emission electric buses to South Yorkshire as part of a partnership between Stagecoach and SYMCA. Electrification work costing about £2.5m has begun at the Rawmarsh depot ahead of the arrival of the first fleet of 23 zero emission electric buses to arrive in the region. The brand-new electric Yutong buses will be introduced on the region’s bus network in the spring and will feature on the 22x and 221 routes which connect the Dearne Valley across Rotherham, Barnsley and Doncaster. Stagecoach Yorkshire MD Matt Kitchin said: “This development marks a huge step towards the future of sustainable travel in South Yorkshire as we await the arrival of the new buses. “Sustainable forms of public transport are key to reducing congestion and improving air quality across the region and we look forward to these state-of-the-art vehicles encouraging more people to make the switch to bus travel as well as making local air cleaner for all our futures.” DfT contributed about £8,351,000 to which SYMCA added £2,683,000 of its City Region Sustainable Transport Settlement. Contractor EO will install the 23 output chargers as well as two mobile workshop chargers at the depot which will facilitate the running of the zero-emission fleet. South Yorkshire’s Mayor Oliver Coppard, said: “We think around 200,000 people in South Yorkshire live in areas vulnerable to air pollution, and 1 in 20 deaths here are related to poor air quality. That’s a challenge we simply have to address, and why we need to get cleaner, greener vehicles of all sorts on our roads. “To meet that goal we’ve funded electric bus projects that are underway across the region as part of the Zebra1 project and we also have a second bid for ‘Zebra 2’ funding submitted to the Department for Transport with Stagecoach and First. “Not only will they help improve public transport in South Yorkshire, they’ll make a real contribution to us hitting our net zero goals, and making South Yorkshire’s air cleaner.“

Trading Standards launch new ‘trusted traders’ scheme throughout Lincolnshire

Trading Standards services across Lincolnshire have joined a national scheme that allows residents to know they’re buying from businesses that work in a legal, honest and fair way.

Businesses who sign up to the scheme will be vetted by Lincolnshire Trading Standards – working in conjunction with North and North East Lincolnshire councils – and then added to an online Buy with Confidence database. Consumers can then search that database and have the added piece of mind that each business has been thoroughly vetted and approved by Trading Standards. To receive accreditation, businesses go through a strict procedure of researching their trading history, financial background and a criminal records check. Buy With Confidence first launched nationally in 2008 and is the largest scheme of its kind, supported by 67 local authority Trading Standards services around the country. The scheme is open to businesses operating in most sectors, not just the building and motor trades. Cllr Daniel McNally, executive councillor for Trading Standards at Lincolnshire County Council, said: “Buy With Confidence helps give the public the reassurance that any business on our list is only there because it deserves to be. By becoming members, businesses can help us steer people away from the rogues and fraudsters that give legitimate businesses a bad name, and towards good, honest, reliable traders. “Being Trading Standards approved sets businesses apart from their competitors, and reassures their customers that they’re operating in a legally safe and honest way. Each approved trader gets a public profile on the database, can use the ‘Trading Standards approved logo’, and will get ongoing advice from Trading Standards to help them stay compliant with any new or changing legislation. “During these challenging financial times, we all want to make sure every penny is spent wisely. By choosing to shop with ‘Buy With Confidence’ approved businesses, you know you’re getting what you pay for.” Cllr Carl Sherwood, cabinet member with the responsibility for public protection at North Lincolnshire Council, said: “It is so important that customers can find reliable businesses, which is why we have teamed up with Lincolnshire Trading Standards to provide that extra level of reassurance. “Buy With Confidence allows people to know they are buying from reputable businesses that have undergone stringent checks. Next time you are looking to buy from a business, make sure you check the Buy With Confidence database. “Any businesses that aren’t part of the scheme, I would urge you to look into this.”

Doncaster Chamber stages its first-ever Women in Business Conference

Doncaster’s first-ever Women in Business Conference will shine a light on female entrepreneurs and explore the challenges many of them face. Jade Dyer, Business Director at Doncaster Chamber said the event would allow examination of serious issues that didn’t always get the attention they deserved. “It’s a particularly relevant conversation for us in Doncaster, where females are underrepresented in terms of entrepreneurship. Data from the Office of National Statistics shows that only 2.5% of women in our local population are self-employed, a relatively low figure when compared to other places around the UK, while a comprehensive study from Money.co.uk found that we are also one of the country’s most challenging districts for female business owners. “Despite this, we have assembled a fantastic line-up of speakers for the conference — spanning different backgrounds and sectors —who we believe will really inspire the community. For example, we have Rebecca Dickenson; an internationally-acclaimed hairdresser who recently won our Self-Employed Person of the Year award and who is, with good reason, recognised as a true leader in her field. “She will be joined on the day by other amazing guests, including: Leana Coopoosamy-Pearson, Global Inclusion Business Partner at Mastercard and owner of her own Boutique; Julie Carrier, Chief Commercial Officer at Unipart Rail; Zoe Hands, MD in the region for First Bus Midlands; and Amelia Banful, Head of Business Strategy at Enviro Electronics. We cannot wait to hear from all of these professionals, and from those who attend on the day itself, about how we can make Doncaster a more friendly environment for women in business.” The event is sponsored by Polypipe Building Products, and takes place on January 24th.

HMRC app gathered more than a million hits a month last year

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More than a million people a month have tapped into the HMRC app to find their employment history and National Insurance number to pass on to a new employer. The app was opened more than a 80 million times in 2023, but HMRC still receives around three million calls a year, with people waiting on hold for information they could quickly access digitally at a time and place to suit them. During January, when HMRC’s helpline experiences a surge in enquiries about employment history, HMRC is encouraging customers to download the free and easy to use HMRC app instead, which provides secure access to personal tax affairs, saving an unnecessary phone call and a potential long wait listening to hold music. Nigel Huddleston MP, Financial Secretary to the Treasury, said: “When people apply for a job the last thing they want to be doing is wasting time on the phone to HMRC to find their National Insurance number or tax code, which is why I encourage jobseekers to save themselves effort in the future and join 1.2 million monthly users and start using HMRC’s fantastic app. Myrtle Lloyd, HMRC’s Director General of Customer Services, added: “With the new year bringing new opportunities and career aspirations for many, our app is a great way to securely access your tax code, National Insurance number, and employment details – information a new employer may ask for. A few taps will save you a call and the information is accessible at any time. “App users will need to create an account or sign in if they already have one to access their personal information. If you need to set up an account, the app will guide you through the process.”

Collaboration to develop new products with NHS healthcare waste

Leeds Beckett University and Q Medical Technologies Limited have secured Government funding to develop and commercialise innovative new products repurposing healthcare waste. The team will begin by commercialising new, low-carbon aggregate substitutes known as floc – repurposed and treated, clinical and offensive NHS waste – which are in demand for use in civil engineering. Dr Ash Ahmed, Reader in Civil Engineering Materials Science in the School of Built Environment, Engineering and Computing at Leeds Beckett University, is leading the project. He explained: “This innovative opportunity to process and utilise healthcare waste – particularly NHS waste – to create new products, has multiple benefits: reducing costs to the healthcare sector, reducing the emissions from the disposal of healthcare waste, and reducing the drain on dwindling natural resources such as sand. “Sand suitable for construction is a finite resource and there is pressure to create more sustainable supply chains to preserve this valuable commodity for future generations. “The NHS produces an estimated 156,000 tonnes of clinical waste per year with disposal costs of around £700million per year – largely through waste management contracts that end in incineration or landfill, both of which are harmful to the environment.” The 30-month project is a Knowledge Transfer Partnership (KTP), part-funded by the Government through Innovate UK. The KTP aims to create long-term innovation and New Product Development (NPD) capabilities and pathways for NuGreen – a sister company of Q Medical – to develop, test, commercialise and launch products in new sectors. The project will refine and commercialise earlier proof of concept studies between Leeds Beckett and NuGreen in the use of floc as an aggregate – most notably sand – replacement in cementitious materials, for example concrete and asphalt. The market for aggregate replacements is very large. The worldwide construction industry consumes 25-30 billion tonnes of sand per year and the cost of aggregates is increasing. Clare Atkinson, Founder of NuGreen, said: “The opportunity to divert high volumes of healthcare waste from incineration and transform it into a valuable, low carbon construction material – that replaces the use of a finite resource such as sand – is the future we see. “Healthcare waste incineration contributes to poor air quality, increasing the strain on NHS resources by impacting respiratory health – this is a cycle we want to break. The opportunity for healthcare to be at the forefront of a lower carbon future is vital to drive the global shift required for true connectivity, progress, and sustainability.” Use of healthcare waste is challenging from a regulatory perspective and tightly controlled by the Environment Agency. Construction materials are also highly regulated and rigorous testing and compliance for the floc will be required to meet British standards for commercial use. By the end of the project, NuGreen will have taken healthcare waste through a product development lifecycle, resulting in a commercially viable product to take to market as an aggregate substitute. The Leeds Beckett team will support NuGreen to develop and commercialise further products using other forms of healthcare waste, such as silicone, during and beyond the completion of the KTP. A skilled graduate will be recruited, as a full-time member of the NuGreen team and with the full support of the Leeds Beckett academic team, to manage the project as a KTP Associate. Dr Sepehr Ghaffari, Senior Lecturer in Engineering, and Killian Ngong, Senior Lecturer and Chartered Civil Engineer, will lead the asphalt concrete investigations. Dr Alfred Chinta – an expert in supply chain management with a focus on technology and sustainability – will lead on the strategic support, embedding the innovation and product development systems into the business. Professor Silke Machold, Pro Vice Chancellor for Research and Innovation at Leeds Beckett University, said: “There is a very high level of innovation attached to this project that addresses the UK’s Net Zero ambitions. It offers the potential for an agile solution to the healthcare sector – particularly the NHS – to manage and reduce their carbon footprint. “At Leeds Beckett University, our School of Built Environment, Engineering and Computing is an international leader in sustainability research. This includes research on retrofitting and net zero technologies in buildings conducted by our Leeds Sustainability Institute.”