Tuesday 30th November 2021
Home Weekly Business<br />E-newsletter ebusiness weekly news 23/11/2021

New Peterborough manufacturing site set to create 250 jobs

Birmingham-based Trebor Developments has submitted a new detailed planning application for a 645,000 sq ft manufacturing facility for an occupier on the former MARS Petcare site at Delta Park in Peterborough where 250 jobs could be created. Trebor development manager Greg Dalton said: “We are absolutely delighted to have agreed terms for this significant manufacturing facility at such an early stage in the site’s development. We look forward to working with the occupier and local planning authority closely to achieve consent to allow a start on site in Q2 2022.” The new occupier has yet to be disculosed. Trebor bought the former MARS Petcare site with a partner and secured planning consent for a two-unit speculative development on the property last July. The developer also has a wider pipeline of new schemes starting in 2022 which will deliver six million sq ft of space and which includes a development for TAIT Industries at Haverhill in Suffolk.

Briefly...

Record fertiliser volumes at Port of Ipswich help keep farmers supplied

ABP’s Port of Ipswich is helping to relieve a shortage of nitrogen fertiliser by landing record amounts at its quayside. In October, seven vessels (four dry bulk and three tankers) carrying 59,450 metric tonnes of fertiliser came through the port; more than ten times the volume in the month last year. The port has also landed the largest single fertiliser cargo it has received to date. Fertiliser has been in strong demand this year and a shortage of supply worsened in September when Britain’s two nitrogen fertiliser plants closed. Paul Ager, divisional port manager, East Coast at ABP, said: “I am pleased that the Port of Ipswich is playing an integral role in the supply of fertiliser to our farmers. We are ideally located to support Britain’s breadbasket and I hope this goes some way of returning confidence for a strong spring yield.”

Developers sought for Cambs new town centre

Developers are being sought for the next stage of the Northstowe new town which is being built at the former RAF Oakington barracks near Cambridge – including the first phase of its town centre. Led by Homes England, phase 2 of Northstowe is looking for developers to deliver its plans for the first part of the town centre, which will ultimately include 1,200 homes and up to 50,000 sq m of retail, leisure, work and civic space alongside public spaces. Abigail Jones at Savills Cambridge said: “The town centre sits at the heart of Northstowe and represents a real opportunity to create a vibrant and distinctive identity that will be the focus of life for all its residents.” The first 1,500 homes in phase 1 of Northstowe are now two-thirds complete, while 700 homes are being built by housebuilders Urban Splash and Keepmoat as part of phase 2, which has overall consent for 3,500 homes. Plans for phase 3, which will expand the new town to 10,000 homes, are being considered by South Cambs DC.

Developer secures consent for new warehouses in Bury

Jaynic has secured planning consent at Suffolk Park, Bury for a new warehouse for parcel carrier Hermes Parcelnet and consent for a speculative 160,000 sq ft warehouse to meet strong occupier demand. They form part of phase three of the 2.3m sq ft Suffolk Park development. Contractor Parkway has won the contract to build the first two units with work due to start for completion in August. Ben Oughton, development director of Jaynic, said: “We pre-let the 76,000 sq ft unit to Hermes earlier in the year. This shows the strong and sustained demand at Suffolk Park over the last couple of years for a range of sizes.” Companies taking space at Suffolk Park to date include Weerts Group (Skechers), MH Star UK, Unipart Logistics, Treatt, Sealey and The East of England Ambulance Trust accounting for almost 1.75m sq ft of space.

See Profile Jaynic

Directors ‘choosing to close’ businesses deemed unlikely to succeed

The proportion of insolvent businesses fell by 3 per cent in October on the previous month although the total - at 1,405 for England and Wales - is still 64 per cent higher than in the month a year ago, according to Insolvency Service figures. R3 Eastern chair Alistair Bacon, of AMB Law in Ipswich, said: “The month-on-month fall in corporate insolvencies has been driven by a reduction in the number of Creditors’ Voluntary Liquidations. There are still twice as many companies entering this procedure than this time last year, however, and nearly 20 per cent more than in 2019. This would suggest that there are still a fair number of company directors who are choosing to close their businesses after deeming post-pandemic success unlikely. He added: “However, the fact that overall corporate insolvencies are 5 per cent lower than the number in October 2019 suggests that the government’s support measures have prevented the economic consequences of Covid-19 from translating into higher levels of corporate insolvency.”

Law firm named at dealmaker awards for fourth year running

Law firm Birketts has been named among the winners at Insider Media's Central & East Dealmaker awards for the fourth year running. Birketts’ corporate team received six nominations in five categories earlier this year, and the team’s work with Alpha CRC on its European expansion has been chosen as the winner in the Deal of the Year (sub £10 million) category. Birketts advised alongside Shawbrook Bank, Forward Corporate Finance and Moore Kingston Smith. Alpha CRC employs over 360 operates in sectors including digital experience, technologies and gaming. The deal created further job opportunities internationally and strengthened Alpha CRC’s market position. Adrian Seagers (photo, right), partner and head of Birketts’ corporate team, said: “We are honoured to be recognised at another Dealmaker Awards ceremony. This deal was the result of some of our best collaborative work, both across Birketts and with colleagues across industries. My particular thanks go to Caroline Nicholls who led the corporate side of the transaction for Birketts, and to Alex Schaafsma on the banking and finance aspects."

See Profile Birketts

Online events offered to help Gt. Yarmouth businesses upskill and grow

Barclays is offering businesses in Great Yarmouth a bespoke series of online events to help them upskill and grow their enterprises. As part of the Rebuilding Thriving Local Economies GY initiative, the first event is on 7th December at 8:30 am, and focuses on cyber security. It will help businesses to identify risks, implement protection and detection security controls and respond to and recover from security incidents. The events scheduled for 2022 are: 12th January: Winning Business Online ; 27th January: Making your business Digital; 8th Feb: Growing Globally and Unlocking International Opportunities; 24th February: Growing your business with Data. Businesses wishing to register or understand more about the events can contact This e-mail address is being protected from spambots. You need JavaScript enabled to view it . Future events will focus on the sustainability and energy tech sector, supporting women into employment and boosting the aspiration and confidence of young people in the community. Terry Staff, market director at Barclays, for Norfolk and Suffolk, said: “The series of events provide businesses in Great Yarmouth with the opportunity to enhance their skills and learn new ways of running their business, whether it’s through digital enhancement, winning new business or trading internationally.”  Great Yarmouth is one of four pilot areas in the Barclays’ Rebuilding Thriving Local Economies initiative (RTLE).

See Profile Barclays

Norfolk-based firm to partner in clean maritime initiative

Norfolk-based Tidal Transit, which provides crew transfer vessels to offshore wind farms, is a partner in two projects which have won government funding to look at decarbonisation in the sector. The projects in the Clean Maritime Demonstration Competition (CMDC) were showcased at COP26 and will be funded by the Department of Transport and delivered with Innovate UK. Tidal Transit commercial director Leo Hambro said: "Maritime decarbonisation is a vitally important climate change initiative and I was delighted when the Chancellor of the Exchequer announced multi-year funding for the CMDC in the recent Budget." Tidal Transit is a partner in a study led by Artemis Technology to look at solutions to decarbonise crew transfer vessel operations in the offshore wind sector.

Obituary: John Winn - international shipping lawyer

Colleagues and friends have been paying tribute to Ipswich-based international shipping lawyer John Winn, who has died at the age of 74. Although his last formal role before retirement was as a shipping law consultant at Birketts, until his recent illness he was still very actively involved in the industry, including through the Haven Gateway Partnership and the International Port Community Systems Association (IPCSA). John was one of the founders of Felixstowe and Ipswich Shipping Opportunities, the forerunner of the Haven Gateway Partnership, of which he was a proactive and enthusiastic partner. In the 1980s he had helped to set up one of the first Port Community Systems in the world, Felixstowe-based Maritime Cargo Processing; many years later, his legal expertise was vital in setting up the European Port Community Systems Association and then IPCSA, when the organisation became international. John was proud to have served as chairman of Tolly Cobbold brewery. He was also delighted to be appointed German Consul and took great pride in wearing his special high-viz vest with ‘German Consul’ emblazoned across the back....Read more