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Author: Dave Antrobus
Responsive Engineering has unveiled a new Engineering and Welding Academy at Armstrong Works, Newcastle. This initiative aims to develop advanced skills in engineering and welding, addressed through a structured programme. The academy is uniquely positioned within the firm, setting a precedent for industry-led training in the North East.The academy at Responsive Engineering marks a significant shift towards industry-led skills development, focusing on vocational training in engineering and welding. Unlike traditional pathways, this facility integrates practical learning within an operational business environment, enhancing the relevance of the skills acquired. Accreditation from EAL further legitimises the programme, ensuring that all qualifications meet…
Oakes Energy Services is responding robustly to the increasing demand for renewable energy by expanding its workforce. The company, a part of the PHS group, aims to enhance its service capability across the UK.The firm, located in Houghton le Spring, Tyne and Wear, is making strategic additions to its team to better serve both commercial and ground source heat pump sectors. This strategic move is a testament to its commitment to innovative and sustainable energy solutions.Growing Workforce to Meet DemandThe rise in demand for renewable energy solutions has prompted Oakes Energy Services to increase its workforce. By recruiting an additional…
Recruitment firm Robert Walters predicts a slow recovery in the hiring market, unlikely to rebound significantly before 2025.The company has reported a 15% decline in gross profit in the second quarter of 2024, mirroring broader industry challenges amid global uncertainties.Financial Performance OverviewRecruitment specialist Robert Walters has disclosed the effects of a prolonged global hiring downturn, suggesting that a rebound is unlikely before 2025. The company experienced a 15% decline in gross profit to £84.8 million for the second quarter ending June 30, with a cumulative 18% reduction for the first half of the year. The UK sector was particularly hard-hit,…
Lycetts, a prominent UK insurance broker, has reported record profits for the year 2023. This achievement is attributed to strategic acquisitions and a strong sales strategy that enhanced its market position.The Newcastle-based firm specialises in niche insurance markets, including farm and estate, where it has leveraged expertise to secure high client retention and new business acquisitions.Lycetts, a leading UK insurance broker, has achieved record-breaking profits by leveraging strategic acquisitions. The company, known for its expertise in specialised insurance services like farm and estate insurance, has successfully enhanced its portfolio through the integration of Robertson-McIsaac Ltd and G D Anderson and…
Beko Europe has initiated a consultation process concerning the potential closure of its Yate tumble dryer factory.The move threatens 150 jobs as the company adapts to changing consumer preferences and regulatory requirements.Impact on EmploymentThe potential closure of the tumble dryer factory in South Gloucestershire poses a significant threat to 150 jobs. Beko Europe, the parent company of Hotpoint UK Appliances, confirmed the initiation of a consultation process with the workforce at the Yate facility. This development has caused concern among employees, who face an uncertain future as the plant ceases operations in the UK and Ireland market.Beko Europe attributes this…
Dodd Heres, a County Durham-based cannabis firm, has been sold through a pre-pack administration due to financial difficulties.Despite significant investments, the firm struggled with regulatory issues that impacted its operations and ability to sell products effectively.Financial Struggles and ResolutionDodd Heres, a County Durham firm known for its interest in the use of CBD for wellness products, faced considerable financial challenges. Despite significant investment from shareholders and government grants, amounting to approximately £1.45m, the company struggled to obtain a Food Standards Agency licence. This regulatory hurdle significantly impacted its ability to market its CBD-HQ products effectively, along with dealing with rent…
In recent months, over a third of the United Kingdom’s major airports have raised their drop-off charges, causing concern among drivers and passengers alike.The RAC has described the new fees, which can reach up to £7 for brief stops, as excessive. This surge in cost not only impacts airport visitors but also sparks broader discussions about public transport accessibility.The decision by many airports to increase drop-off fees has sparked widespread debate, reflecting the complexity of balancing revenue needs with consumer fairness. As airports continue to evolve, they face the challenge of ensuring accessible, sustainable, and cost-effective transport solutions for all…
BioGrad Education has made history by becoming the first North West firm to receive investment from the £660m Northern Powerhouse Investment Fund II. This strategic financial support is set to enhance its STEM training capabilities, fostering innovation and addressing skills shortages across the UK.Investment in InnovationThe Northern Powerhouse Investment Fund II (NPIF II) has made its mark by supporting pioneering initiatives in the North. BioGrad Education has become the first company in the North West to benefit from this investment, which aims to foster innovation and growth among small and medium enterprises (SMEs). The initiative is crucial for nurturing advancements…
The North East of England is witnessing a remarkable resurgence in manufacturing growth, as outlined in the latest Make UK/BDO report.According to the study, the region experienced a 30% increase in manufacturing output over the past decade, positioning it as a leader in England.The North East has experienced a significant surge in manufacturing output, as highlighted in the recent Make UK/BDO Annual Regional Manufacturing Outlook report. Conversely, the region’s output has increased by 30% over the past decade, cementing its status as a leader among English regions. This positions the North East uniquely as a frontrunner, surpassed only by one…
Puffin Produce, a renowned agricultural firm, has embarked on a notable renewable energy venture.This £1.5 million investment aligns with the company’s commitment to sustainability, aiming to power its operations with solar energy.Puffin Produce, a significant player in the agricultural sector, has undertaken a substantial investment aimed at environmental sustainability by installing over 4,000 solar panels. This initiative underscores the company’s commitment to reducing its carbon footprint and enhancing energy efficiency. The panels, covering an extensive 6,000 square metre area of unused roof space, demonstrate a strategic allocation of resources to harness solar power.The £1.5 million project hopes to achieve 100%…