Most Trusted Newspaper Brand

BUSINESS NEWS

Update on support for businesses outlined by Leeds City Council amid coronavirus challenges

Leeds City Council has given an update on the financial support available to businesses as the city continues to meet the challenge of coronavirus. After the national budget last month and the package of emergency government announcements which followed, the council has put several measures into place to help businesses across the city. It has reissued business rates bills for approximately 2,000 properties that are now eligible for a 100% retail discount so they no longer pay any rates. This covers bars, restaurants and…

Independent film and TV production sector in Leeds receives another boost

The trade association for independent TV production companies in the UK has announced it will open an office in Leeds later this year. Pact has announced the office opening along with major investment into new services to support the UK independent TV, film, animation, children’s and digital sectors in regions across the country. The move comes in light of recognition that nearly 50% of total UK original programming spend is now in the UK’s Nations and Regions, and there is clearly a shift in the way the sector is…

Government urged to prioritise place-based-investment to increase national productivity

Leading innovation districts from across the UK have joined together to urge government, cities and city regions to channel investment in to mature and growing innovation districts. The UK Innovation Districts Group (IDG) and consulting and engineering firm, Arup, have released a report outlining the importance of these centres to the UK economy. The IDG was established in October 2017 and represents six major innovation districts across the UK – in Glasgow, Leeds, Liverpool, London and Manchester. According to the…

Leeds City team to reap rewards from MIT leadership programme

A Leeds City team has successfully bid for a place on a prestigious leadership programme run by Massachusetts Institute of Technology (MIT), one of the world’s top universities. The two-year Regional Entrepreneurship Acceleration Programme (REAP) provides expert, evidence-based guidance for teams to bring about significant economic and social change in their region. MIT selects up to eight regional teams each year from around the world, involving leaders from government, business and industry, academia, finance and…

Leeds City Council statement on proposed Asda and Sainsbury’s merger

Leeds City Council has responded to the news of the proposed merger between two of the big four supermarkets: Asda, which has its headquarters in the city, and Sainsbury’s. Supermarkets Sainsbury’s and Asda have agreed a potential merger. While plans are still in their infancy, the proposal could see the companies seize a huge 30% slice of the market. Leeds City Council Leader Councillor Judith Blake said: “We’ve met company leaders from Asda and received strong reassurances from them that they are committed to…

Leeds engineering firm aims for step change with £1.5m investment

Laser cutting and metal fabrication business Leeds Welding Company (LWC) Ltd is investing in future growth, with support from the Leeds City Region Enterprise Partnership (LEP) and Leeds City Council. The support has enabled the company to post a year-end turnover of £11million this year and it now has its eyes set on becoming a £15million turnover business by 2020. LWC has invested over £1.5million in new machinery – fully automated fibre optic laser cutting machines, robotic welding equipment, cranes and brake presses –…

Successful business skills event returns to Leeds next week

Leeds will again play host to the PopUp Business School, the UK’s leading start-up training team for providing vital business, marketing and social media skills to people in local communities. The free 10-day event, running from 5th March, is designed to help people launch their small business ideas and also gives the opportunity to test their ideas at one of the drop-in sessions. The PopUp Business School is making a return to the city due to the success and popularity of last year’s event. The PopUp Business School…

Leeds flourishing financial and professional services sector takes centre stage at city event

Leeds City Council has embarked on a programme of events in partnership with the creators of FinTech North, to showcase and enhance the city’s burgeoning financial and professional services sector. The first of the FinTech North-branded events was held at the new Platform building in the city centre and featured speakers and panelists who discussed a variety of topics including; artificial intelligence, connectivity, infrastructure, talent and cryptocurrencies. Platform is a new flagship development…

Libraries kick-starting the next generation of entrepreneurs

The Business & IP Centre in Leeds Central Library will launch Start-up Day this Thursday (21 September) as part of a national drive to celebrate the region’s next generation of entrepreneurs. The day will be jam packed with free workshops, talks and events at the library to equip budding business owners with the tools to turn their start-up dreams into reality. In the last year alone Business & IP Centre Leeds has supported over 1550 people to set up and grow new businesses. Many of these…

Burberry Temple Works announcement statement

Statement from Leeds City Council Leader Councillor Judith Blake regarding Burberry's announcement that they are pulling out of plans to develop Temple Works in Leeds. Councillor Judith Blake, Leader of Leeds City Council said: “Burberry have assured us that their proposal to create a factory in Leeds is still on the table and we will continue to work positively with them to achieve that. Their original site adjacent to Temple Works is still very much in the mix and we also have other options…

Key regional three-year public sector legal framework agreed

A key public sector regional arrangement has been set up in West Yorkshire and York to finalise new framework agreements with a range of law firms and other providers. The West Yorkshire councils, the West Yorkshire Combined Authority and City of York Council have come together to agree the joint framework, aimed at securing quality legal services at competitive prices across the next three years. A full competitive procurement exercise was held for the contracts, which are potentially worth about…

Leeds Growth Strategy – Call for Evidence

Leeds City Council is calling for evidence to support a review of the Leeds Growth Strategy. Beginning today and running until 30th November the consultation will involve local businesses and other key stakeholders. More information on the consultation including an Issues Paper can be found at http://www.leedsgrowthstrategy.com and responses can be sent to growth.strategy@leeds.gov.uk The revised strategy will form the basis of a delivery plan to support economic growth. It will identify key sectors and…

Apprenticeship programme hitting the heights for young people in Leeds

Over 500 apprenticeships in small and medium sized businesses have been created in Leeds since 2013, new figures have revealed. This follows an innovative apprenticeship programme funded by the Leeds City Region Enterprise Partnership (LEP), which through the Leeds Apprenticeship Hub has been working closely with businesses in the city to encourage the recruitment of young talent in their company. From January 2013-March 2016, 512 apprenticeships were started for 16-24 year olds specifically in…

Full steam ahead for Leeds’ visitor economy performance

If you want to know what makes Leeds special and why more tourists than ever come to visit. Then look no further than the recent data from STEAM survey that measures the economic impact of the tourism industry. The City saw 26.21 million tourism visits in 2015, a 5.3% increase from 2013. The visitor economy sector is growing at an impressive rate with day visitors up by 4.7% and overnight stays increasing by 12.5 %. And it’s easy to see why. The current report measures data from 2013 to 2015. And…

Digital economy in Leeds set to take centre stage at executive board

Work by the council to make Leeds one of the leading digital cities in the UK is set to be discussed by senior councillors next week. Members will have the chance at a meeting of Leeds City Council’s executive board on 27 July 2016 to discuss a range of initiatives undertaken over the past 18 months by the authority in partnership with business, universities and education providers to support growth in the digital economy, and steps through the creation of the city’s first Leeds Digital Skills Action…

Leader of Leeds City Council named as new chair of Core Cities UK

Leader of Leeds City Council named as new chair of Core Cities UK. Leader of Leeds City Council Councillor Judith Blake has today been announced as the new chair of Core Cities UK. Councillor Blake takes over from Sir Richard Leese, leader of Manchester City Council, who has been chair of the 10-city strong group for the last three-and-a-half years, since the formation of its political cabinet which has driven through a host of new policies for cities - including devolution. Leader of Leeds City…