Press release: Investment trading scheme closed down after abusing customers’ funds

Global Fin Services Limited (GFS) was wound up in the public interest at the High Court on 16 July 2018 and the Official Receiver is now the liquidator of the company.

Incorporated in October 2015, GFS offered an online platform for trading forex, derivatives and other investments via the website ‘www.trade12.com’. GFS listed a virtual office in London as their registered address but their customers were predominantly located in South East Asia, Russia, Belarus and Ukraine.

Following complaints from the public, the Insolvency Service investigated the company and found several examples of misconduct.

GFS’s representatives made unsolicited calls to members of the public, often to people who had little or no experience of online trading. Customers were subjected to highly pressurised sales tactics and were misled about the amount of returns made on investments.

Returns on investments quoted by GFS representatives ranged from 10-15% per week or month, with a guarantee to cap losses at 10% of the investment, or returns of between 50-100% on deposits within 30 days.

Investors also complained that GFS made it difficult to withdraw their funds and when money was taken out, their accounts would suffer losses. In a ploy to recover money that was taken out, GFS’ account managers would then urge customers they needed to invest more to enable them to try and recover the losses.

Investigators could not see any evidence that funds paid through the website were invested as the sales representatives said they would and GFS failed to provide any of its accounting records, while also claiming they provided clearing services for its holding company, Exo Capital Markets Limited, a company registered in the Marshall Islands.

Those clients who had made complaints against the company reported losses of more than $1.25 million (USD) but the total amount of investments cannot be confirmed because the company failed to produce any evidence of its accounting records.

And there was evidence that financial regulators across the world, including the FCA, had issued warnings against GFS and Exo Capital Markets Limited, which also traded as “Trade 12”.

Irshard Mohammed, Chief Investigator for the Insolvency Service, said:

GFS had a blatant disregard for their customers. They preyed on people who had little to no experience in making investments of this nature, using unscrupulous tactics to secure funds.

We are pleased that the courts have shut down this company, saving any more people losing their money and we hope this sends a strong message that we will robustly investigate and take action where people’s funds and savings are at risk.

By virtue of the appointment of the Official Receiver all public enquiries concerning the affairs of the company should be made to: The Official Receiver, Public Interest Unit, 2nd Floor, 4 Abbey Orchard Street, London SW1P 2HT. Email: piu.south@insolvency.gsi.gov.uk.

Notes to Editors

Global Fin Services Limited, company registration number 09836699, was incorporated on 22 October 2015. The company’s registered office is at 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ, that of a virtual office provider.

The petition to wind-up Global Fin Services Limited was presented under s124A of the Insolvency Act 1986 on 22 February 2018. The company was wound up on 16 July 2018 and the Official Receiver has been appointed as liquidator.

Company Investigations, part of the Insolvency Service, uses powers under the Companies Act 1985 to conduct confidential fact-finding investigations into the activities of live limited companies in the UK on behalf of the Secretary of State for Business, Energy & Industrial Strategy (BEIS).

Further information about live company investigations is available here.

The Insolvency Service, an executive agency sponsored by the Department for Business, Energy and Industrial Strategy (BEIS), administers the insolvency regime, and aims to deliver and promote a range of investigation and enforcement activities both civil and criminal in nature, to support fair and open markets. We do this by effectively enforcing the statutory company and insolvency regimes, maintaining public confidence in those regimes and reducing the harm caused to victims of fraudulent activity and to the business community, including dealing with the disqualification of directors in corporate failures.

Further information about the work of the Insolvency Service, and how to complain about financial misconduct, is available

Contact Press Office

Media enquiries for this press release – 020 7674 6910 or 020 7596 6187

Press Office

The Insolvency Service


4 Abbey Orchard Street
London
SW1P 2HT

This service is for journalists only. For any other queries, please contact the Insolvency Enquiry line on 0300 678 0015.

For all media enquiries outside normal working hours, please contact the Department for Business, Energy and Industrial Strategy Press Office on 020 7215 1000.

You can also follow the Insolvency Service on:

Link: Press release: Investment trading scheme closed down after abusing customers’ funds
Source: Gov Press Releases

Press release: Report 09/2018: Freight train derailment at Ely West Junction

R092018_180802_Ely_West_Junction

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Summary

At 14:21 hrs on Monday 14 August 2017, the rear 12 wagons of a freight train carrying containers derailed at Ely West Junction on the line between Ely and March. The train was travelling at 41 mph (66 km/h) at the time of the derailment. It ran derailed for approximately 350 metres, causing significant damage to the infrastructure.

The first wagon to derail was an FEA-A wagon fitted with Y33 bogies. The derailment occurred because the damping on the bogies of this wagon was ineffective. The damping had become ineffective because the damping components, which had been on the wagon since it was built in 2003, had been managed to incorrect maintenance limits. The limits did not account for future wear in the period before the next maintenance intervention and were also not compatible with the design intent of the damping system. In addition, the maintenance interventions since a General Repair in 2010 (the last time when these components had been measured) were ineffective in identifying the worn state of the components. It is also probable that the company responsible for the maintenance of the wagon did not appropriately validate the General Repair maintenance specification used in 2010 to confirm that it would ensure continued safe operation up to the next planned General Repair due in 2017.

The fleet of wagons has since gone through General Repair and all of the damping components have been replaced.

Recommendations

The RAIB has made one recommendation to the company responsible for the maintenance of the wagons to review its maintenance documentation to ensure that the bogies on its freight wagons remain adequately damped at all times. In addition, the RAIB has identified three learning points. The first reminds those responsible for updating maintenance instructions that repair limits quoted in guidelines or by manufacturers should not be used as maintenance limits as this provides no future operational life. The second learning point reminds Entities in Charge of Maintenance that they should have a validated system of maintenance that ensures that the vehicles for which they are in charge remain safe for operation. The final learning point reminds maintainers of this type of bogie that some of them are fitted with an inspection window to allow the damping system components to be visually examined.

Notes to editors

  1. The sole purpose of RAIB investigations is to prevent future accidents and incidents and improve railway safety. RAIB does not establish blame, liability or carry out prosecutions.
  2. RAIB operates, as far as possible, in an open and transparent manner. While our investigations are completely independent of the railway industry, we do maintain close liaison with railway companies and if we discover matters that may affect the safety of the railway, we make sure that information about them is circulated to the right people as soon as possible, and certainly long before publication of our final report.
  3. For media enquiries, please call 01932 440015.

Newsdate: 2 August 2018


Link: Press release: Report 09/2018: Freight train derailment at Ely West Junction
Source: Gov Press Releases

Press release: Traffic commissioners report on improved service to industry and better targeting of the most serious offenders

The Traffic Commissioners for Great Britain have used their latest annual report to highlight progress in reducing application processing times.

Between 2016/17 and 2017/18, the average time for a decision reduced from over 11 weeks to just over 7 weeks.

In addition, 90.2% of digital licence applications were granted within seven weeks against the published service standards provided.

Operators and applicants who apply digitally should now benefit from time savings, swifter correspondence and an intuitive application process that’s designed to make sure more complete information is provided.

In his foreword to the report, the Senior Traffic Commissioner for Great Britain, Richard Turfitt, says the regulators’ approach better supports innovation and economic growth. He goes on to add that whilst there is relative safety on our roads this does not mean there is room for complacency when it comes to compliance standards.

In 2017/18, the commissioners held 971 hearings into businesses reported for safety or licensing breaches, taking action to prevent the most serious offenders from running vehicles in the future.

The annual report reflects on the real and potential consequences of failing to keep vehicles properly maintained, using the example of an operator who is trusted to transport schoolchildren.

The report says: “It will be hard for anyone to understand why some operators believe it is acceptable to take our children to school in vehicles that are plainly dangerous.

The commissioners call on those responsible for procurement to make sure quality and compliance are foremost in their considerations.

The regulators expect compliance from every operator, saying: “There is no place in our industry for the people who operate vehicles this way and we take decisive action when these licence holders are brought to our attention.”

Their role as gatekeepers to the industry and the importance of maintaining a level playing field also feature prominently in the report.

“The vast majority of HGV and PSV operations are committed to running safe vehicles and working within the rules,” the regulators state.

“A licence holder is entitled to assume that when they bid for work, a competitor will not be able to get that contract as a result of cutting corners, especially where safety is concerned.”

The commissioners recognise the efforts of operators who work hard to meet safety and licensing standards and set out their commitment to engage with business at industry events and meetings.

“Operators who get things right – who abide by the daily discipline of carrying out checks and completing paperwork – need reassurance and guidance to stay compliant,” the report points out.

However, in dealing with those in the ‘long under-performing tail’ of the industry, the commissioners find the underlying causes to be poor management and a failure to access proper guidance.

They urge transport managers – who occupy a key role in the industry – to keep their knowledge and skills up to date through refresher training. But they also remind businesses to make sure the transport managers they employ are doing the job properly – otherwise they could lose their permission to run vehicles.

The report examines the other activities commissioners have been focusing on in order to deliver their strategic objectives.
This includes:

  • working to reduce the time it takes to get serious offenders to a hearing for potential action
  • publishing average application processing times on GOV.UK
  • publishing their written decisions on GOV.UK
  • commissioning a study of how effective their sanctions are

The report concludes by reinforcing the critical role played by others in support of traffic commissioners. It recognises the importance of the Driver and Vehicle Standards Agency (DVSA) in providing evidence for sound regulatory decisions to be made. The report also addresses the need for proper resourcing of the Office of the Traffic Commissioner.

Press enquiries

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Link: Press release: Traffic commissioners report on improved service to industry and better targeting of the most serious offenders
Source: Gov Press Releases

Press release: Environmental farming scheme given green light

The Environment Secretary has today announced that the Payment by Results (PBR) project will be the first agri-environment scheme directly funded by the UK.

In future, all the funding for the Payment by Results (PBR) pilot will come from Defra, with a £540,000 boost announced today to pay farmers according to the environmental outcomes they achieve over the next two years.

The project is paying participating farmers in two areas – Norfolk and Suffolk in the East of England and Wensleydale in Yorkshire – for work that is specifically tailored to the environmental needs of their area. For example, in Norfolk and Suffolk farmers are benefitting from planting nectar plots for bees and other pollinators, while those in Wensleydale are focused on managing species-rich meadows.

Today’s announcement follows the government’s public consultation on future farming policy which set out plans to move towards a system where farmers are paid according to the public goods they provide. As we leave the EU, there will be further trialling work to reach a model where profitable farm businesses and environmental land management can co-exist and complement one another.

Secretary of State for Defra, Michael Gove, said:

Under the CAP, agri-environment schemes have been overly bureaucratic and inflexible. This has impeded innovation for farmers who are passionate about the environment and want to see real change.

The Payment by Results pilot marks a shift in how we think about rewarding farmers for their work. This approach signals how we see the future of farm payments, where farmers deliver public goods for the environment which we all enjoy.

I am delighted to extend this scheme and look forward to seeing further evidence of its success as we plan for our future outside the EU.

The PBR project had been due to conclude at the end of this year, but Defra’s new funding will enable participating farmers to deliver environmental benefits for an additional two years.

The trial is focused on providing training and guidance for farmers so they are empowered to create their own management plan for their land, and feel more knowledgeable about what they want to achieve, and why. This flexibility has meant participants have become more engaged in the wildlife they want to see on their land and think more creatively about how to achieve these results.

In Wensleydale, the PBR pilot is delivered by Natural England in partnership with the Yorkshire Dales National Park Authority. It has proved popular with participating sheep and cattle farmers managing grassland in the area, who have been rewarded for producing habitat suitable for breeding waders, or for managing species-rich meadows.

Arable farmers in Norfolk and Suffolk have been paid for their management of plots that provide winter food for farmland birds during the “hungry gap” when natural sources of seed food have been depleted. They have also planted and maintained flower-rich foraging habitat for pollinators, protecting this hugely important part of the ecosystem.

Chairman of the Yorkshire Dales National Park Authority, Carl Lis, said:

I am delighted that the Government has funded an extension and expansion of the Wensleydale payment by results pilot scheme. The pilot scheme has been a hit with farmers because it has been designed and delivered locally – and because it puts the farmer back in control of how the land is managed, rather than having to follow very detailed and rigid prescriptions.

With support from our farm team advisers, and the Natural England Project Manager, the 19 farmers in the scheme have produced some excellent environmental results in a short time. They have received payments for making their pastures into good habitat for wading birds, or for restoring and conserving species-rich hay meadows – which are no doubt the jewel in the crown of the Yorkshire Dales National Park’s farmed landscape. The better the environmental results, the more they get paid.

Link: Press release: Environmental farming scheme given green light
Source: Gov Press Releases

Press release: UK Government announces Edinburgh Fringe funding to promote new talent on global stage

  • £100,000 grant to improve digital resources for artists and help market emerging acts
  • Funding will help Fringe identify new talent and promote them nationally and internationally

The UK Government will provide £100,000 to this year’s Edinburgh Festival Fringe to help it deliver a step change in how it showcases emerging artistic talent to the world, Culture Secretary Jeremy Wright announced today.

The grant comes on the eve of this year’s festival that will run until 27 August.

The funding will be used to:

  1. Invest in technology and digital resources for artists, including a streamlined accreditation and ticket request system; develop the edfringe.com website, and help create an Arts Industry app to provide centralised scheduling and ticketing information for artists and visitors.
  2. Market and promote acts performing at the Fringe across the UK, particularly in areas currently underrepresented at the festival and create more networking opportunities for UK acts.
  3. Help artists extend the lifespan of Fringe productions by recruiting arts industry brokers to help take shows across the UK and overseas.
  4. Support the opening of the ‘Fringe Home’ – a year-round space for arts businesses and events in Edinburgh.

The plans firmly meet the UK Government’s commitment to promote Britain on the global stage, and boost the digital capability of cultural organisations across the country.

Jeremy Wright, Secretary of State for Digital, Culture, Media and Sport, said:

The Edinburgh Festival Fringe is an annual showcase of creativity and a global marketplace for emerging talent.

It has launched the careers of some of the UK’s finest writers and performers and we want to ensure it continues to go from strength to strength, helping to break new acts here and across the globe.

This funding will help the Fringe increase its digital capability, making it even easier for visitors to this world-class event to enjoy everything it has to offer.

Since its launch in 1947, the Fringe has become the largest arts market in the world, with a rich history of discovering new talent – including writers, actors, directors, producers, programmers, designers and technicians who have gone on to fuel the UK’s creative industries.

In 2017, it was home to almost 3,400 shows, from 62 countries, with approximately 75% of artists and shows from the UK. It is expected to attract a similar number this year.

Shona McCarthy, Chief Executive of Edinburgh Festival Fringe Society, said:

Over the past 71 years, the Fringe has developed into one of the world’s leading performing arts marketplaces, a vital springboard for artists’ professional development, collaboration and co-commission.

Today’s announcement from the UK Government recognises the transformational power of the Fringe in making and shaping careers in the arts, both here in the UK and all over the world.

Thanks to the UK Government’s support, we will be able to identify the very best in emerging talent on the Fringe and showcase it on the global stage, ensuring the Fringe (and by extension, Scotland and the UK) remains at the forefront of the global arts landscape.

Scottish Secretary David Mundell said:

The Edinburgh Festival Fringe is the most amazing and diverse creative event in the world. It attracts hundreds of thousands of tourists and provides a huge economic boost to Scotland.

We want to support the creativity at the heart of this extraordinary cultural celebration. That’s why the UK Government is investing £100,000 to help the Fringe grow and showcase Scotland to the world.

The announcement comes ahead of the Edinburgh International Culture Summit, where the world’s Culture Ministers will gather in the Scottish Parliament to debate the importance of culture, alongside a range of international speakers. The summit will take place between 22 and 24 August, and is co-hosted by the UK and Scottish governments.

ENDS

For more information please call the DCMS press office: 02072112210

Link: Press release: UK Government announces Edinburgh Fringe funding to promote new talent on global stage
Source: Gov Press Releases

Press release: Homes England appoints to its property framework helping to speed up the delivery of new homes

The 19 highly skilled framework members have been appointed to deliver a range of property services to support the construction and development of new homes.

Services will cover all areas of England and run for four years. Members will support Homes England in the marketing of sites to developers, site evaluations, estate management and acquisitions and disposals. They will also advise on local markets, viability, investment and strategic planning issues as well as help create new development models and partnering arrangements.

Stephen Kinsella, Executive Director for Land at Homes England said:

“The framework gives us speedy and easy access to a range of skilled consultants who understand our needs. It will help us create strong working relationships with a wide range of companies who can provide valuable, professional and technical advice and expertise to Homes England – helping to accelerate housing development, deliver value for money and provide great places to live.”

The successful members of the new Homes England Property Framework, valued at £150 million, are:

  1. Aspinall Verdi Eddisons JV
  2. BNP Paribas Real Estate (including Strutt & Parker)
  3. Bradley Hall Limited
  4. Carter Jonas LLP
  5. CBRE Limited
  6. Colliers International Property Consultants Limited
  7. Cushman & Wakefield
  8. Deloitte LLP
  9. Gerald Eve LLP
  10. GL Hearn Limited
  11. GVA
  12. Hartnell Taylor Cook LLP
  13. Jones Lang LaSalle Limited
  14. Knight Frank LLP
  15. Lambert Smith Hampton
  16. Montagu Evans LLP
  17. Sanderson Weatherall LLP
  18. Savills (UK) Limited
  19. Thomas Lister

For further media information please contact: Patsy Cusworth in the Homes England press office Tel: 0207 393 2201/0796772328 Email: patsy.cusworth@homesengland.gov.uk

Notes to Editors:

  • The increased number on the new Framework demonstrates Homes England’s expanded role in bringing together land and expertise to speed up the building of new homes.
  • Homes England makes the new Framework made available free for use by a very wide range of public sector bodies.
  • A summary of the Framework can be found on Gov.uk
  • At any one time, around 300 public bodies are signed up to use our various Frameworks (DPP3, Multidisciplinary and Property Frameworks) and over 100 Public Bodies made use of our previous Property Framework, including local authorities, Central Government Departments, Registered Providers and a whole range of others.
  • Our Frameworks are the only National Frameworks that are focused on house building and so offer a key resource to support the speed at which we can get new homes.

About Homes England:

Homes England is the new housing delivery organisation that has been created to adopt a more commercial approach to respond to the long term housing challenges facing this country. The new, expanded agency will play a far bigger role in investing in supply and intervening in the market to help deliver 300,000 homes a year by the middle of the next decade.

Homes England will act differently from its predecessor, bringing together money, land, expertise and planning and compulsory purchase powers to accelerate the supply of new homes and address affordability issues in areas of highest demand.

For more information visit: https://www.gov.uk/government/organisations/homes-england or follow us on Twitter

Link: Press release: Homes England appoints to its property framework helping to speed up the delivery of new homes
Source: Gov Press Releases

Press release: Government announces next step towards long term future of Grenfell Tower site

The government has re-committed today (1 August 2018) to putting the Grenfell Tower bereaved, survivors and community at the heart of deciding what happens to the future of the site.

As part of this, the government has announced it will take responsibility for the Grenfell Tower site. It will make operational decisions, such as on the site’s safety, security and access arrangements, until the future of the site has been determined by the community. A formal agreement will be finalised in the autumn.

The Metropolitan Police have said they are preparing to release the site as a crime scene, ahead of this the government is announcing the next step on the journey to a fitting memorial.

As these arrangements are put in place, the site will continue to be managed by the independent Site Management team who have been in place since July 2017.

Led by Doug Patterson, Chief Executive of the London Borough of Bromley, the team is responsible for all aspects of the on-going day-to-day management, such as health and safety and security. This ensures the Royal Borough of Kensington and Chelsea (RBKC) will continue to take no role in making decisions regarding the site.

The local policing team will continue to work closely with the Site Management team and patrol the surrounding area to protect the integrity of the site.

The Prime Minister has given her own personal commitment that the bereaved, survivors and wider community will lead the decision making process regarding the long term future of the site. This has been formalised in a set of written principles governing consultations on the future of the site and signed by the Ministry of Housing, Communities and Local Government, RBKC, Grenfell United and Lancaster West Residents’ Association.

The principles stated that the land will be transferred to a body represented by the bereaved and survivors once an appropriate body has been established and the site has been made ready and available for future use.

Further information

The government will take over the responsibility for the Grenfell Tower site from the autumn. As these arrangements are put in place, the site will continue to be managed by the independent Site Management team who have been in place since July 2017.

The council remain the legal owners of the site until the future is decided. They take no role in the management or decision making.

The Metropolitan Police have indicated they remain on schedule to release the site at the beginning of August as their police work at the Tower reaches completion.

There remains a need for core participants and expert witnesses of the Grenfell Tower Inquiry to access the tower, which must continue to take priority.

No decision has yet been taken on the future of the Grenfell Tower site. The government will make operational decisions on the site, regarding the site’s safety, security and access, in consultation with relevant experts and public authorities whose priorities are responsibility for safety and security of the site, the health and safety of those working on the site and living in the surrounding area.

Nick Hurd, the Minister for Grenfell Victims, and Doug Patterson, site management lead and Chief Executive of the London Borough of Bromley, have committed to engaging the bereaved, survivors and the community on all matters relating to the Grenfell Tower site, including sharing information on technical aspects relating to the site management and process to bring down the Tower.

Office address and general enquiries

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Link: Press release: Government announces next step towards long term future of Grenfell Tower site
Source: Gov Press Releases

Press release: Environment Agency announces support for farmers during dry weather

Following the driest June since 1925 and a dry July, farmers have reported water supply concerns which could affect the irrigation of crops and welfare of livestock. Ahead of the National Farmers Union’s drought summit today (Wednesday 1 August), the Environment Agency issued guidance to farmers detailing options to flex abstraction licences in serious cases.

The arrangements will allow farmers to trade water allowances – as set out in their abstraction licence – on a short-term basis, without the need to change their licence. The EA will fast-track the process to enable farmers to act quickly and arrangements will be agreed locally where the EA is satisfied that there will not be any adverse effects on the environment or the rights of other lawful water users. The EA also monitors river flow and will maximise access to water when it is available, such as following heavy rain.

In severe cases where there is a real or imminent threat to crops and livestock, the EA may temporarily allow additional, emergency abstraction. Each case will be assessed to minimise impacts to the environment or the rights of other water users.

Paul Hickey, head of water resources, Environment Agency said:

We know that farmers are facing considerable pressures in responding to drought conditions and we want to support them by allowing them to flex their abstraction licences in the most serious cases to safeguard food production and animal welfare.

We must also balance farmers’ needs with those of wildlife and other water users so we will only allow these arrangements where we are satisfied there won’t be any adverse effects on the environment.

As the hot, dry weather is set to continue we urge everyone to use water wisely to protect the environment and help prevent the need for water restrictions.

The Environment Agency will continue to carry out compliance checks on abstraction licences to ensure that abstractors keep to their licences and any agreed flexible arrangements.

The temporary arrangements do not apply to water companies as they are able to use a variety of drought measures defined in law to manage droughts and public water supply. The Environment Agency works closely with water companies to ensure they are following drought plans and implementing actions to conserve water in a timely way.

Notes to Editors

It is up to abstractors to ensure that they use water wisely, efficiently and have sufficient water for their needs.

Any flexible arrangements will be one-off, limited to this event. If any abstraction outside a licence is likely to need to re-occur, licence holders must apply to vary the licence at the earliest opportunity.

It is important that water abstraction licence holders check their licence details – licence holders can now view and manage water abstraction licences online

The Environment Agency can review hands off flow conditions more frequently to allow abstractors to take advantage of any peak flows when significant rainfall occurs.

Use of water company headroom by other abstractors where this is sustainable. Southern and Anglian Water have said that in principle this can be provided and we are awaiting details from the companies on their proposals.

Link: Press release: Environment Agency announces support for farmers during dry weather
Source: Gov Press Releases

Press release: Yorkshire leading the way for manufacturing exports outside of London

Just in time for Yorkshire Day, the government is today (1 August 2018) revealing that it’s Yorkshire which is the top exporter of manufacturing goods outside of London.

Official figures show that for every 10,000 residents in Yorkshire in 2017, there were 22 exporting companies – more per person than anywhere else in the Northern Powerhouse as well as more than Scotland and Wales.
Between 2016 and 2017, exports from Yorkshire also surged by 14% – the strongest growth from across the Northern Powerhouse.

One explanation for the table-topping export figures is Yorkshire’s strong and enduring industrial base. Almost 10% of the region’s workforce is employed in manufacturing.

From Siemens UK investing up to £200 million in a state-of-the-art train factory in Goole to Sirius Minerals announcing a revolutionary mineral transport system in Wilton creating billions of pounds in exports, Yorkshire continues to build on its reputation as the beating industrial heart of the North.

The region also boasts the highest proportion of exports going to Sub-Saharan Africa as well as above UK average exports going to Latin America and the Caribbean.

Yorkshire’s high export figures can be attributed to the wide variety of goods and products the region produces in a diverse number of industries – from advanced manufacturing to traditional farming – exports of food and animals were valued at nearly £1 billion in 2017, and exports from this sector grew by 11.6% between Q1 2017 and Q1 2018.

The county is also home to the headquarters of Tata Steel, Northern Foods, Northern Monk Brewery Co, a world-renowned farming industry and some of the most iconic household brands like Fox’s biscuits and Cravendale milk.

Northern Powerhouse Minister, Jake Berry MP, said:

This Yorkshire Day, let’s recognise the tremendous achievements of the entrepreneurs, business owners, manufacturers and innovators who are leading the charge of the Northern Powerhouse with an export-driven economy at its heart.

Yorkshire has a rapidly growing network of businesses who are part of our Northern Powerhouse partners programme. These latest figures show what can be achieved when government and business work together and I encourage local companies of all sizes to join our coalition of private and public sector partners taking the Northern Powerhouse forward.

Minister for Investment, Graham Stuart, said:

Today, more and more local Yorkshire companies are seizing the enormous global opportunities which exist across the world, with consumers admiring the creativity, quality and ingenuity of Yorkshire made goods.

For those who are considering exporting, help is instantly accessible from the Department for International Trade, with online tools available at great.gov.uk. From sporting success to growing exports, Yorkshire has an enormous amount to offer and as a Yorkshire MP I take great pride in the success of local businesses exporting goods and services from the Northern Powerhouse across the globe.

Exporting businesses across the region are also backed by the government’s Local Enterprise Partnerships with 3 rounds of Growth Deal funding totalling £145.9 million going towards projects which kick-start growth and promote job creation.

Jake Berry visiting the Wilton site of Sirius Minerals in June 2018
Northern Powerhouse Minister Jake Berry visiting the Wilton site of Sirius Minerals in June as they started work on a revolutionary mineral transport system which will create over 4,000 jobs and deliver billions of pounds in exports for the Northern Powerhouse

Further information

Based on publically available HMRC data for Yorkshire and the Humber which covers most (but not all) of the historic county of Yorkshire, and parts of Lincolnshire.

The Northern Powerhouse is government’s vision for a super-connected, globally-competitive northern economy with a flourishing private sector, a highly-skilled population, and world-renowned civic and business leadership.

The Northern Powerhouse Partner Programme is an essential part of creating the Northern Powerhouse. Government is looking to build a network of partners who all believe strongly in the economic potential of the North, and support the need for a combined effort by government and business to realise that potential. There are currently over 145 businesses and organisations signed up to the partner programme.

Prospective partners can email NorthernPowerhouse@communities.gsi.gov.uk for more information about the Partners Programme and how to apply.

Businesses in Yorkshire and the Humber who have announced their partnership with government on the Northern Powerhouse include:

  • University of Sheffield
  • Walker Morris LLP
  • York, North Yorkshire and East Riding LEP
  • Yorkshire Building Society Group
  • Zikodrive
  • aql
  • AA Recruiting
  • CMS
  • Creating Inclusive Cultures
  • Drax Power Ltd.
  • Ernst & Young
  • Lambert Smith Hampton
  • Leeds Bradford Airport
  • Leeds City Region LEP
  • Make It York – (DCLG/GCS Local)
  • Medilink – Matt, BPT
  • Mills & Reeve LLP
  • North Invest – Jacquelyn Goddard
  • Rugby Football League
  • Sheffield City Region LEP
  • Sheffield Hallam University

Office address and general enquiries

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Link: Press release: Yorkshire leading the way for manufacturing exports outside of London
Source: Gov Press Releases

Press release: 100% of UK employers publish gender pay gap data

For the first time ever 100% of UK employers identified as being in scope of gender pay gap regulations have published their data.

The UK is one of the few countries in the world to require employers to publish such comprehensive gender pay gap data.

Under new regulations that came into force in April 2017, all employers with over 250 employees are required to report their gender pay gap data. All 10,000 UK employers that the Government has identified as having over 250 workers have now published their data.

The data has shown that more than three out of four in scope UK companies pay their male staff more on average than their female staff, more than half give higher bonuses to men, on average, than women, and over 80% have more women in their lowest paid positions than in their highest paid positions.

The Government Equalities Office has also published today [Wednesday 1 August] a new ‘What Works’ guidance for companies to help them improve the recruitment and progression of women and close their gender pay gap.

Minister for Women and Equalities, Penny Mordaunt, said:

It is appalling that in the twenty-first century there is still a big difference between the average earnings of men and women.

While I am encouraged that over 10,000 employers have published their data, these figures set out in real terms for the first time some of the challenges and the scale of this issue.

We need to take action to ensure businesses know how they can make use of their best talent and make their gender pay gaps a thing of the past.

Sheila Flavell, Chief Operating Officer, FDM Group, a global professional services provider with a focus on IT, said:

At FDM diversity and equality have always been our core values and we are proud once again to report a zero per cent gender pay gap for the second year in a row.

Achieving this required a huge effort at all levels of the organisation, including major initiatives such as our women returners and graduate recruitment programmes which help women train and enter the world of technology. We also had honest conversations about senior pay, job roles and increased opportunities for introduced flexible working initiatives to ensure strong representation of women at the top of the company.

Fiona Dawson, Global President of Mars Food, said:

Delighted to see the launch of the Government Equalities Office, ‘What Works’ guidance and to see that the evidence based recommendations within it echo so many of those made by the Women’s Business Council particularly in relation to the importance of flexible, agile and dynamic working.

The gender pay gap regulations and first year of reporting has focused the attention of the businesses community and its leaders on understanding the causes behind their organisations, and sector’s, gender gaps and the importance of putting into place practical solutions and actions to tackle their causes. Supportive guidance such as this document and best practice case studies of what has worked are vital for organisations to now take the next step in ensuring their staff have the same access to opportunity regardless of their gender.

Equality and Human Rights Commission Chief Executive, Rebecca Hilsenrath, said:

Building on the work by the Government Equalities Office, our enforcement approach has proved to be successful, resulting in full compliance by all those considered to be in scope.

We have been clear that it is not only the right thing to do but that we would use all our enforcement powers where employers failed to report. They have taken our warnings seriously and avoided costly court action. We will now be turning our attention to the accuracy of reporting.

The ‘What Works’ advice to employers published by the Government Equalities Office today includes recommendations to:

  • Assess candidates based on actual tasks they would be expected to perform in their role, and make interviews more structured to avoid unfair bias creeping in.
  • Encourage salary negotiation by showing salary ranges, as women are currently less likely to negotiate their pay than men.
  • Introduce transparency to pay, promotion and reward processes.

NOTES TO EDITORS:

  • The ‘What Works’ guidance was produced in partnership with the Behavioural Insights Team.
  • The guidance, including details of all of the research evidence, has been published on the gender pay gap website, https://gender-pay-gap.service.gov.uk/
  • For more information please contact the GEO press office on 0207 023 0600.
  • Sheila Flavell, Chief Operating Officer, FDM Group, also said:

The gender pay gap reporting process has been an incredibly positive initiative for UK companies, elevating a vital issue to the top of the boardroom agenda and forcing business leaders to face up to the extent of the problem.

Whilst in some cases the reporting has shown major pay discrepancies in companies, it’s important to recognise that tackling this issue is no easy task. These businesses should be judged on the plans and promises they put in place to reduce the gap, and the willingness shown to make change happen.

  • Fiona Dawson, Global President of Mars Food, also said:

Last year Mars partnered with the Women’s Business Council to create ‘The Pipeline Effect’, a toolkit enabling gender parity beyond middle management where the gender gaps within most sectors dramatically increase.

In the toolkit we’ve identified three primary obstacles to women’s mid-career progression. The visibility of relatable role-models, the need for supportive line management and most importantly the access to flexible, dynamic and agile working patterns.

In Mars we’ve embraced this by rolling out multi-level sponsorship and mentoring programmes to support more women into senior leadership positions.

This is supported by our in depth line manager training which ensures our family friendly policies including parental leave and flexible working are applied consistently across the business and ensures all employees hold authentic conversations with their managers allowing our male and female associates to enjoy balanced lives with thriving families and careers.

Link: Press release: 100% of UK employers publish gender pay gap data
Source: Gov Press Releases