Yorkshire & Humber

Your home for Humber business news from Hull, East Riding, Grimsby, Scunthorpe, North Lincolnshire and North East Lincolnshire - as well as business news from across Yorkshire.

Our region’s biggest companies include Arco, ABP, BAE Systems, British Steel, Cranswick, Croda, Drax, Ideal Heating, Ineos, KCom, Lindsey Oil Refinery, Marr International, MKM, Nisa, Orsted, Phillips 66, RB, Rix, Siemens Gamesa, Smith & Nephew, Swift, Tronox, Willerby and Young’s Seafood. Key sectors include ports and logistics, energy, petrochemicals, food, majoring on fish and seafood, steel, healthcare and modular building manufacturing.

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13:11, 10 JAN 2024

Persimmon sees sales fall by a third in 'uncertain' housing market

Construction The York-based firm pointed to a recovery in sales in the last quarter of 2023 and said it had beaten expectations

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Haven holidaymakers to get first on-site Wetherspoon pub in partnership deal

The low cost pub and food chain has teamed up with the holiday park operator

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Asda co-owners face MP grilling on fuel prices and company structure

Retail & High Street

The Leeds-based firm has faced criticism on "bumped up" petrol prices

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Housebuilder MJ Gleeson sounds note of optimism for housing market

The Sheffield firm saw a slump in sales in the second half of 2023 but has seen some signs of recovery

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Number of Yorkshire and Humber private equity deals falls over last 12 months

2023 was described as a slow year for private equity activity within the region and outside

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Humber businesses given downbeat verdict on prospects in UK economy

The quarterly survey by the Hull & Humber Chamber of Commerce shows businesses struggling in a number of areas

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Plant-based food firm Myco creates 70 jobs in move to vertical farming site

The firm's CEO is former Vbites managing director David Wood

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Hull Live Business Awards Hull Live Business Awards winners revealed in night of inspiring celebration Neil Hudgell presented with top accolade with Siemens Gamesa's Andy Sykes, Reckitt and Adams and Green also starring

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More than 600 jobs lost across the North as print company Communisis collapses

Creative & Digital

Meanwhile a deal has been struck with former rival Paragon which safeguards 581 jobs

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Leeds company Getech announces contract wins totalling £1.8m

The tech provider for exploration of underground resources had faced a challenging period last year

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Orsted confirms Hornsea Three investment decision, securing Grimsby jobs

The third phase of the Hornsea Zone will make it a wind farm with capacity of more than 5GW

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Asda boss Mohsin Issa says he is not worried about size of group debt and that there is 'no gap' in its finances

Supermarket group has faced criticism from unions over finance structures

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Filtronic lands £4.5m defence contract starting early next year

It is the latest in a string of new business for the communications technology supplier

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Historic Shipham Valves collapses into administration at the hands of cash flow troubles

Insolvency and Administration

39 staff have lost their jobs as the hunt for a buyer is under way

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Leeds Group proposes £657k deal to dispose of German subsidiary

The group will sell its trading business after a number of years of losses but retain its properties

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Northern green hydrogen projects selected in Government's £2bn allocation round

Companies developing hydrogen production on Teesside, in Cumbria and Yorkshire have secured contracts guaranteeing prices

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Leeds set to welcome £2m nightlife venues in move from Lincoln operator

Leisure & Touism

A dual bar and nightclub offer is coming to the former Tiger Tiger space on Albion Street

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Humber Freeport appoints CEO as board confirmed for huge economic driver

Yorkshire & Humber

Simon Green has interim role made permanent having been seconded from North Lincolnshire Council

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£1b milestone pass for second generation specialist lender

Victor Finance first made in-roads in road transport

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UK's largest onshore salmon farm approved at heart of Grimsby seafood cluster

Acquacultured's £120m proposal is backed by councillors who spoke of huge economic potential and rare opportunity to play a leading role

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Enterprise

Industrial SIG preparing for softer market in 2024 as profit expectations hold up A trading update for investors on the London Stock Exchange shows the firm expects flat revenues but reduced profitability

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Leeds company Getech announces contract wins totalling £1.8m

The tech provider for exploration of underground resources had faced a challenging period last year

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Leeds Group proposes £657k deal to dispose of German subsidiary

The group will sell its trading business after a number of years of losses but retain its properties

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Hydrogen firm Lhyfe secures £24m bank backing for growth plans

The green hydrogen producer has made inroads to the UK market with bases in the North East and Yorkshire

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Bristol City Leap set to be replicated in York and North Yorkshire

The Government has committed £19m to a pilot programme of activity aimed at unlocking private sector investment in net zero projects

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Retail & Consumer

Food and Drink Haven holidaymakers to get first on-site Wetherspoon pub in partnership deal The low cost pub and food chain has teamed up with the holiday park operator

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Asda co-owners face MP grilling on fuel prices and company structure

Retail & High Street

The Leeds-based firm has faced criticism on "bumped up" petrol prices

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Asda owners insist chain had no ‘strategy’ to profit from higher fuel prices

TDR Capital co-owns Asda with brothers Mohsin and Zuber Issa

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Revolution Bars announces closure of eight sites

Bars in cities including Liverpool, Sheffield and Southampton to close

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Pub company collapsed with deficiency of £8.1m as buyer sought

Insolvency and Administration

The Aprirose firm behind 25 former Wear Inns pubs owned £3m owed to lender Metro Bank and more than £891,000 owned to regional creditors, including some small brewers

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Tech

Technology Filtronic lands £4.5m defence contract starting early next year It is the latest in a string of new business for the communications technology supplier

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Sean Royce's career in broadband connectivity celebrated with outstanding contribution award

Quickline CEO was previously a leading figure at KCom

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Take a look at C4DI's final element as £22m tech cluster completes

Wykeland has revealed the final piece in a decade's development for the digital community on Hull's Fruit Market that is now ripe for occupancy

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Footwear concept for diabetics receives £1.4m investment to scale

Sheffield start-up Fyous is applying its polymorphic moulding technologies to help sufferers of neuropathy

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C4DI marks a decade of delivery as final piece in Hull tech hub jigsaw completes

Commercial Property

We hear from the architects of the dedicated community that has played a key role in regeneration and innovation, with foundations in full fibre

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Commercial Property

Construction Persimmon sees sales fall by a third in 'uncertain' housing market The York-based firm pointed to a recovery in sales in the last quarter of 2023 and said it had beaten expectations

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Housebuilder MJ Gleeson sounds note of optimism for housing market

The Sheffield firm saw a slump in sales in the second half of 2023 but has seen some signs of recovery

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25 North East and Yorkshire pubs to hit the market as agents at Avison Young and Watling Real Estate are appointed

The pubs comprise 21 freeholds and four long leaseholds and administrators have previously said the venues are strong performers

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Quarry House emerges as new headquarters to carry John Good Group into third century of operations

Hesslewood Office Park addition taking shape for team

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Take a look at C4DI's final element as £22m tech cluster completes

Wykeland has revealed the final piece in a decade's development for the digital community on Hull's Fruit Market that is now ripe for occupancy

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Manufacturing

Food and Drink Plant-based food firm Myco creates 70 jobs in move to vertical farming site The firm's CEO is former Vbites managing director David Wood

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Historic Shipham Valves collapses into administration at the hands of cash flow troubles

Insolvency and Administration

39 staff have lost their jobs as the hunt for a buyer is under way

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More than 70 jobs saved in Hull as construction firm M-Ar bought out of administration

Begbies Traynor has confirmed a deal has been done with buyer yet to be disclosed

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British Steel's controversial £1.25b transformation plans to be showcased at public events

December dates outlined for consultations with the communities on huge green steel plans that could mean huge job losses

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New year could decide fate of stalled Tricoya plant in Hull as investor update given

Anglo-Dutch firm Accsys is behind the Saltend project where ground was first broken in 2017

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Economic Development

Economy Humber businesses given downbeat verdict on prospects in UK economy The quarterly survey by the Hull & Humber Chamber of Commerce shows businesses struggling in a number of areas

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Orsted confirms Hornsea Three investment decision, securing Grimsby jobs

The third phase of the Hornsea Zone will make it a wind farm with capacity of more than 5GW

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Northern green hydrogen projects selected in Government's £2bn allocation round

Companies developing hydrogen production on Teesside, in Cumbria and Yorkshire have secured contracts guaranteeing prices

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Government pledges almost £4bn to improve rail links in northern England

Plan to improve Transpennine route between Manchester, Huddersfield, Leeds, and York

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MP in sustainable aviation fuel policy push as developer Velocys risks running out of runway

Green jet fuel technology developer could yet be taken over after bosses admitted it hasn't got the backing to continue in 2024

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Opinion

Food and Drink New Fisheries Minister on his first visit to Grimsby Mark Spencer writes for Business Live about his findings after opening the UK Seafood Infrastructure cheque book

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Opinion: Key figure in Zero Carbon Humber project lays out post COP27 needs from government

Project manager Ian Livingston on the importance of climate targets in the Chancellor's Autumn Statement

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Hull MP adds business leaders to her 'Big Conversation' tour

Emma Hardy wants to hear the thoughts of owners and directors as she shapes her parliamentary action plan

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Humber business community pays tribute to Her Majesty Queen Elizabeth II

Her final visit to the region saw her officially open Siemens Gamesa's blade plant in Hull - her first saw her arrive via royal barge in Grimsby Docks

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Business Secretary Kwasi Kwarteng on why he is backing Liz Truss as next PM

Need to cut taxes stressed by senior cabinet colleague who acknolwedges Rishi Sunak as a 'strong contender'

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