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.”

£1.136m makeover of Pontefract market complete

Visitors to Pontefract will see a new look to the market the next time they drop in, as work to refurbish and modernise it has now finished. Wakefield Council has spent £1.136 million in making improvements to Pontefract market which last year attracted a million visitors. It’s the latest to benefit from the council’s investment of almost £6.5 million to improve the district’s markets. Funding was approved in 2020 for four markets to be renovated as part of the markets improvement programme.

Cllr Michael Graham, Cabinet Member for Regeneration and Economic Growth, said: “It’s brilliant to see the market hall and the incredible work that has gone into transforming it, to give traders and shoppers the best facilities.

“We took the decision to invest in its future because an independent review we commissioned in 2018 found that, with some changes, the market could continue to be sustainable. “Markets play a significant role in bringing shoppers to the town centres and they contribute to our aim of growing the local economy and providing employment opportunities to residents.” Pontefract market has been renovated both inside and outside with new flooring, wiring, lighting, ceilings, and shutters. Repairs have been made to the roof to make it waterproof. The walls, ceilings and frames have also been redecorated to give the market a fresh look. Outside, feature lighting has also been installed to highlight the Grade II listed market facade, that was designed by Joseph Wilson and opened in 1860 by former Prime Minister, Lord Palmerston. Local ward councillors have also funded repairs to the traditional red telephones boxes. Pontefract is the second of the four markets to be completed. Work on Normanton finished in May. Of the remaining two, Castleford will complete in Spring 2024 and work on South Elmsall will start around this time.

New ownership for metals and minerals supplier

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South Yorkshire-based company, Westbrook Holdings, which trades as Westbrook Resources from its HQ in Dronfield, has been sold by its shareholders to an Employee Ownership Trust. HSBC provided funding for the transaction, which was advised on by Sheffield-based dealmaking firm, Castle Square Corporate Finance, and the Sheffield office of national law firm, Freeths. With an annual turnover of $85 million in its last reported annual accounts, Westbrook is a leading supplier of metals, minerals, and ferro alloys to the global iron and steel industry. As a key part of the global supply chain, Westbrook sources, stocks, and supplies materials across all major continents, dealing with over 60 different metals and minerals in more than 40 countries. Director Kevan Shaw and Joe Potts from the Castle Square team provided advice on transaction value and the fundraising process, with HSBC bank providing the necessary funding. Kevan said “Having first advised Westbrook on a refinancing over a decade ago, we are delighted to have now advised on a deal which gives the shareholders a successful exit.” Following the completion of the sale, Shaun Walton will remain as Chief Executive, and Nick Jones will continue as Managing Director. The rest of the senior management team will also stay in place, working with them to take the company forward and oversee its continued growth. Shaun said: “Our thanks go to Castle Square, Freeths, and HSBC for their pivotal roles in enabling this EOT to happen. Now, those contributing ideas, hard work and professionalism will directly benefit from Westbrook’s success. The sky is the limit.” Legal and tax advice were provided by Lisa Wallis, Rosanna Brown, and Alex Angelides from the Sheffield office of law firm Freeths. Lisa said: “It was a pleasure to work with Westbrook and Castle Square on this transaction, securing an exit for the shareholders and allowing the Employee Ownership Trust to continue developing the business going forward, for the benefit of the employees.” Richard Baggaley from the HSBC Corporate Team was instrumental in delivering the funding on behalf of the bank.

2024 Business Predictions: Luke Gidney, Managing Director at HOP

It’s that time of year, when Business Link Magazine invites the region’s business leaders to offer up their predictions for the year ahead.  It has become something of a tradition, given that we’ve been doing this now for over 30 years. Here we speak to Luke Gidney, Managing Director at estate agent HOP. The rentals market in Leeds has been very busy in the last 12 months and rents in many areas increased by between 10% and 12% in 2023. We now typically receive between 25 and 30 enquiries for every property we list and will pre-qualify around 10 people for a viewing. Of these we usually expect three to apply, so it’s a very competitive market for tenants. Generally, property stock levels do increase slightly in December and January as people usually try to avoid moving during the Christmas period. This is a trend that we are seeing this year as normal, so any tenants looking for a home might have a slightly better chance if they act now. Looking ahead to 2024, the shortage of available rental property looks set to be an ongoing theme. Substantial tax increases and higher interest rates combined with some laborious legislation mean many landlords continue to sell up. As a result, we expect rents to rise further, although possibly at a slightly slower pace than in 2023, but growth of between 8% and 10% would come as no surprise. However, the reality is that many tenants are already over-stretched financially, and lots are already facing a tough time due to sky high energy bills and food inflation. There has been an increase in the number of tenants falling into rental arrears in 2023 and this is likely to remain an issue in 2024. This is also driving the popularity of rent guarantee insurance, often known as tenant default insurance, amongst landlords, which typically costs around £250 a year and gives landlords peace of mind that they are protected from financial losses incurred by tenants failing to pay their rent. Ultimately, the market needs more rental property and although landlords are selling up in droves, there are others who are recognising the opportunities that the current market offers. This is particularly true for seasoned investors. Our specialist investment division agreed approximately £5million worth of off-market investment sales in 2023. How this pans out in 2024 will depend on what interest rates do. However, there’s no doubt Leeds is still very attractive to investors and especially because it offers an excellent average rental yield of 6.3%, which means you can get even higher yields in certain pockets of the city. In some areas of Leeds, you can find two-bedroom houses at £130,000 and three-bedroom homes around £180,000, so it still offers great value for money. These would rent for £850 and £975 respectively. Plus, there’s the potential for capital growth over the medium to long term. Leeds sits comfortably in the top 10 table for the best UK cities to invest in property, and there is an abundance of reasons why. The city brings together several compelling factors – a growing younger population, thriving economy, great value investment and high yields, making it a savvy choice for investors on the hunt for decent returns. Research by JLL shows that Leeds is consistently one of the top five cities in the UK for capital growth and our own five-year prediction suggests house price growth of 14% for Leeds between 2023 and 2027. With a skilled workforce of 1.4 million people, Leeds is fast becoming a leading business hub in the UK, hosting big companies including newcomers Channel 4, BT, Sky, First Direct and Asda. The city has also been named the “Digital Capital of the North” with one of the fastest-growing tech hubs in the UK. With continued investment being pumped into the city with the likes of the exciting new South Bank region and TransPennine Routes upgrades being approved, Leeds isn’t putting the brakes on anytime soon.

Catterick’s multi-million pound re-development gets green light from planners

The multi-million pound re-development of Catterick Garrison’s town centre has secured planning approval in a move aimed at bringing jobs and vital new facilities for communities as well as military personnel on one of England’s largest Army bases. Permission to build a new community and enterprise building and a multi-use events space as well as create a new public square has been given by members of the Richmond (Yorks) Area Constituency Planning Committee. Plans also include landscaping improvements, upgrades to Coronation Park and Shute Road, improved play spaces, accessible routes to the town centre and improvements to footpaths and cycleways. Planning Committee chairman David Webster said: “This scheme will see significant improvements to the centre of Catterick Garrison as well as contribute to our work to reduce carbon emissions through the use of sustainable design and renewable energy.” The community building will house offices for small businesses and include space for community groups and food retail. Improvements to the park will include new play areas for all ages from toddlers and woodland play areas to a skatepark for older users. Member for the Colburn and Hipswell ward, Cllr Kevin Foster, said: “This scheme has taken a major step forward today and means we can start to realise our ambition to complete by summer next year. The development is also in line with our priority of achieving net zero carbon emissions with its use of heat pumps and solar panels. “It will bring new opportunities and facilities for the many people who live at Catterick Garrison – both civilians and members of the military.”

Council pushes back against erection of increasing numbers of broadband poles

East Riding of Yorkshire Council is to urge Ofcom to launch an emergency market review and pause the erection of more broadband poles in the Hull Telecoms Area. Reacting to residents’ concerns, councillors feel that waiting until the next scheduled review in 2026 is too long to wait. The council has limited powers to control the erection of more masts, since they don’t ned planning permission. Coun Coleen Gill said the review was necessary because more telegraph poles were being installed in areas across the Hull Telecoms Area, already served by an existing gigabit capable duct and pole Network. She wanted Ofcom to consider: 1. Imposing a duty on telecoms companies to demonstrate reasonable efforts have been made to reach an agreement with existing providers for access to infrastructure. 2. Compelling existing providers to publish pricing for access to its infrastructure. 3. In the event that no agreement is reached, oblige companies to pursue a formal dispute via Ofcom, prior to installing further infrastructure of their own. 4. And to reiterate, stop any such installations until a Market review has been concluded.  

UK economy shows growth but precarious position remains

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The UK economy grew in November, with GDP* (gross domestic product) seeing a 0.3% rise, stronger than the 0.2% month-on-month growth expected and following a 0.3% fall in October. However, GDP was down 0.2% over the three months to the end of November, keeping the economy in a precarious position. Monthly growth reflected strong performance in services, particularly in information and communication which grew 1.5% thanks the computer games industry and telecommunications. Services output grew 0.4% month-on-month, following a 0.1% dip, while in another positive swing production output grew 0.3% month-on-month, following a fall of 1.3% in October. Meanwhile the construction sector fell 0.2% month-on-month, after a fall of 0.4% in October 2023. James Smith, research director at the Resolution Foundation, said: “The economy grew more strongly than expected between October and November, driven by a recovery in our services sector including strong black Friday retail sales and a high performing ICT sector, making it less likely Britain will fall into recession. “The final verdict on 2023 will come next month, but it is essential that Britain builds some economic momentum in 2024.” Ben Jones, CBI lead economist, said: “It’s encouraging to see that economic activity rebounded in November after the previous monthly fall. But while this means the UK should avoid a technical recession last year, it masks an overall picture of a flatlining economy. “The CBI’s latest surveys suggest the economy will struggle to gain any traction in the near term, as consumers rein in spending and firms face a trio of headwinds in the form of subdued demand, cost pressures and ongoing difficulties finding the staff they need. “With an election fast approaching, all parties need to look at measures which can get the economy firing on all cylinders. Full capital expensing was an exciting first step in this direction, but the Spring Budget is a chance to press ahead with a wider programme of measures around innovation, skills and decarbonisation that provide the foundations for sustainable economic growth and kick-start productivity.”   *GDP measures the value of goods and services produced in the UK. It estimates the size of and growth in the economy.