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Top Story
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Business backs Sheffield’s culture bid
Sheffield’s bid to be named as the UK’s first City of Culture in 2013 has received the backing of the city’s business community, according to Paul Billington, the director of culture at Sheffield City Council. Billington told Insider: “We’ve had pledges of support from a number of businesses and the Chamber of Commerce; Violia and Kier have signed as partners to the project; and two companies have pledged financial support. One is Capita, who has offered us half a million in sponsorship, and Eon has offered us half a million towards the legacy.” Sheffield is competing against Derry, Birmingham and Norwich for the title and Billington highlighted the economic potential if Sheffield’s bid is successful. “On a practical level we’re estimating the UK City of Culture will bring an extra 2m visitors to the city, which will create an additional £300m spend and create approximately 5,500 new jobs. If you’re in retailing, the hospitality sector, a restaurateur, a transport operator, for example, the economic impact of £300m extra spend and the jobs created is going to be significant.”
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Business
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Banner Holdings goes into administration
Banner Holdings, the Chesterfield-based construction company which recently completed a refurbishment of the Crucible Theatre in Sheffield, has gone into administration. Administrators told Insider that Banner had struggled to fund a legal battle with Colchester Borough Council, a dispute which arose after the council terminated a contract for Banner to build its Visual Arts Facility in April last year. Banner reported a return to profit for the year to 31 December 2009 after its pre-tax loss of £2.76m in 2008, but ceased to trade earlier this month.
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Chamber welcomes ASOS to Barnsley
Barnsley and Rotherham Chamber of Commerce has welcomed news that online fashion retailer ASOS will create up to 1,000 jobs in Barnsley when it moves its distribution centre to a 500,000 sq ft warehouse on Park Spring Road in early 2011. Andrew Denniff, policy manager at the Chamber, told Insider: “Traditionally there has been a huge reliance on the public sector in Barnsley. The move provides a buffer to the pressures on that sector expected in the Budget; at the end of the day jobs are jobs.”
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Martek helps reduce marine industry emissions
Eco-technology business Martek Marine has secured 95 per cent of the global market for marine carbon emission monitoring systems. Using the Rotherham-based company’s MariNOx system, marine industry businesses can optimise the efficiency of their engines, reducing fuel consumption and their carbon footprint. Martek chief executive Paul Luen said: “The introduction of emissions control areas and the onset of carbon trading around the world will mean that shipping fleets will be taxed on their emissions.”
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ITM Power secures first product sale
ITM Power, the Sheffield-based energy storage and clean fuel company, has secured its first product sale and field trial with the University of Birmingham. The company’s HPac10 unit will supply hydrogen to the university’s fuel cell laboratory, removing its dependency on bottled gas with excess electrolytic hydrogen used by the university’s fleet of fuel cell vehicles.
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Manufacturing rusting away, says FSB
The Federation of Small Businesses (FSB) has said the manufacturing industry is “literally rusting away” and criticised “selfish” banks for their failure to extend credit to enable the replacement of vital equipment. Commenting on a report by Sheffield-based Lincoln Finance, Andrew Flower, South Yorkshire chairman of the FSB, said: “Ultimately the UK will find itself falling behind in the re-equipping of industry and in particular the use of new technology.”
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Property
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To submit your property to Commercial Property Finder click here
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Last chance to vote for South Yorkshire Property Gala
This year’s South Yorkshire Property Gala Dinner is approaching and ahead of the event there is still a chance to vote for the Personality of the Year award. We have drawn up a final shortlist of: Jon Bond, Bond Bryan Architects; David Newton, St Pauls Developments; Alex Pettifer, Sheffield Hallam University; and Andy Topley, Creative Sheffield. Please email your final nomination by close of play on Friday 18 June.
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People
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Campbell Harrison appoints Julie Shaw
Sheffield-based financial adviser Campbell Harrison has appointed Julie Shaw as office manager. Shaw rejoins the company, after a five-year break, to run its Paradise Square office. She worked at the financial adviser for four years, dealing with the technical aspects of its pension schemes. Before returning to the business, she was a senior paraplanner at chartered accountancy Grant Thornton’s Sheffield branch.
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Office Address: Insider Weekly, Omnia One, Queen Street, Sheffield,
S1 2DG
Telephone: +44 (0)114 279 2800
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