budget thread

Categories: General

Fingers crossed for a budget to suit business – watch it live at Lingfield Point »

Thanks to our office space in Darlington, our community now represents over 50 businesses with over 2000 people and we’re waiting in anticipation for HM Treasury budget announcements.

Meadow to host Budget Live!

We’re pleased to welcome Tees Valley Unlimited (TVU) hosting a Budget Live! event here at Meadow, Lingfield Point tomorrow – a fully interactive event with key note speaker – David Smith, Economics Editor at the Sunday Times.

Attendees of this informative and interesting debate will  hear of TVU’s ambitions for the local economy and Mr Smith’s expert views on UK plc’s performance followed by a live broadcast of George Osborne’s 2012 Budget.  We expect a great turnout to discuss this budget and how these decisions will affect the North East and the wider UK economy.

We’re already heartened to learn of the National Loan Guarantee Scheme to support small businesses and we hope to hear more on how this government plans to support business – come and join us and hear it first hand.

Register now at http://www.amiando.com/budget-live.html and we look forward to seeing you tomorrow!

Welcoming Budget Live!

 

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Categories: General

Go Mr Cable, bring the Green Investment Bank to the Tees Valley »

Over 20 regions of the UK have submitted their preliminary bids to host the Government’s Green Investment Bank when it is formed in Spring this year. Vince Cable said recently on the BIS website;

There is a great opportunity for British businesses to lead the transition to a green economy and stake a claim on a sector that has massive potential for growth. I want to set up the Bank as soon as possible, so it can start accelerating investments in these key sectors and help British companies take advantage of these opportunities. Setting out the priorities for the Bank and establishing UK Green Investments for April 2012 are a major step forward.

It was great to see Stephen Catchpole from Tees Valley Unlimited on the Politics Show keeping the profile of the area high on central government’s agenda.   

So, how does the Tees Valley Unlimited bid look?  

Here are the Government’s search criteria – we think we’re right up their street.  The location of the GIB must;

  • Be able to recruit and retain the specialist staff needed to run the organisation.

The Tess Valley is already a hot bed for public sector organisations with a critical ‘cluster’ allowing for career progression of senior executives through these organisations. The quality of life in the Tees Valley is unparalleled – whether you walk, cycle or run, you’re going to love our hills, rivers and coast. There are great houses and the schools are excellent.

  • Enable the GIB to work closely with other parties involved in deals as well as other investment bodies, project developers and green technology providers.

The North East of England is already home to more specialist renewables technology companies than any other region of the UK. We have the specialist manufacturing expertise born out of our industrial heritage. Tees Valley has a strong spirit of entrepreneurship reaching back to George Stephenson and the creation of the railways.

  • Be in a location that provides good value for money, to ensure that the GIB is cost effective.

What can we say,  The Tees Valley can’t be beaten on price! Marchday’s own Lingfield Point, Darlington is already home to over 50 companies, many of them public sector organisations, employing 2000 staff. This award winning business community has been created from a recycled 1950′s wool factory and is the very embodiment of the Government’s vision for a sustainable mixed community. We succeed because we provide unrivalled value for money.

We’ve been saying this for some time.

Back in 2010, John appeared on Sky News calling for the GIB to come to the North East. At the time John said;

The traditional skills necessary for heavy industry, once so common in the region are transferable to the manufacturing of green technologies such as wind and wave turbines. The North East is already home to a cluster of world leading sustainable technology companies. We think the Government should show its confidence in the region and bring the ‘green’ money men to sit alongside the innovators. That way all the components would be in place to allow the North East to reinvent itself.

We think that argument is still valid.

You can watch John’s interview on Sky News below:

So, go on Mr Cable, make our day ….. please!

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Categories: General

Birmingham should look to Darlington rather than outsourcing jobs overseas »

OnePlace - launching a unique offer

Marchday, owners of Lingfield Point, says that there is absolutely no need for Birmingham City Council to outsource its jobs overseas.  Marchday is part of a unique consortium ‘OnePlaceUK’ that specialises in saving public sector cash by the use of shared services and rationalising assets.

OnePlaceUK advises the council to consider all options before taking such a drastic step and instead adopt a radical new way of working to suit the 21st century.

John Orchard, director of Marchday says that by following the path suggested the public sector could save millions of pounds to reinvest in services or staff.  OnePlaceUK helps neighbouring local authorities and public sector organisations work together to share common functions and make best use of space.

The aim is to stop the duplication of straightforward tasks and keep the cash to save libraries, arts venues and front line staff – be it teachers and caretakers or binmen and gardeners.

The logic behind OnePlaceUK is undeniable and yet only a handful of local authorities and public sector organisations have caught on… hence the action Birmingham seems set to take.

It is already working in several places including Darlington and Stockton Borough Councils in the North East of England. Stockton Council has confirmed it saves a massive £680,000 a year by sharing some of its HR, IT and finance back office functions with its neighbouring authority.

Every million pounds the public sector can save equates to around 35 jobs – and John says that alone makes considering this approach worthwhile.

Too good to be true?

“It sounds too good to be true which can be a problem. The fact is that most councils don’t know what to do with their existing properties. We work with them to get best value out of their portfolio and get their running costs down.  Instead of having a knee-jerk reaction we want people to understand how this works, to think seriously about it and to consider the benefits.

“Over the last 20 years many organisations have grown organically and we need to stop the corporate sprawl. They now find themselves overblown and in a form they wouldn’t have chosen if starting afresh.

“In good times they may chose to live with these inefficiencies but tough times have brought a need for clear thinking. As always, this presents opportunities for those who are open-minded and can decide what shape they need to be in for the future. The result will be a happier, more efficient workforce, an improved service for the customer and an organisation model which is sustainable for the next 20 years.”

A working example

Lingfield Point, Darlington, is already home to a cluster of public sector organisations including Student Loans Company, NHS, Darlington Borough Council and NAAFI.

This has allowed the creation of a ‘shared services’ centre providing these organisations with critical support without the crippling cost. They have also facilitated the creation of Xentrall, a joint venture between Darlington and Stockton Borough Councils providing IT services to both.

“Many of our public sector customers have the same needs. We can often provide shared facilities to satisfy these without burdening an individual organisation with the cost. This results in people needing less space and less duplication of meeting rooms, break out space etc.”

The model works effectively and efficiently

Graham Black, of Catalyst said: “We take care of everything from assessing the portfolio, to creating a full business case, handling change management and consolidating staffing needs.

“Because we are offering long term leases we are able to offer a long rent free period – perhaps up to five years. That frees cash to allow the customer to move and for the fit out of the building.

“They could then sell their property assets should they wish to – but even without doing that – because the buildings they move into are sustainable and cost effective – they make massive efficiency savings into the millions anyway,” said Graham.

For further details log on to www.oneplaceuk.com or www.marchday.com

 

Categories: General

Budget makes Green Investment Bank even more appealing for the North East »

John Orchard; “I really welcome George Osborne’s commitment to the Green Investment Bank, with an additional £2BN funding outlined in the Budget. There’s now even more reason for the North East to make a robust argument for it to be headquartered in the region. The North East is not only a hot bed of green technology, innovation and manufacturing, but has the most to gain from this level of investment.

“A recent trip to Malmo in Sweden has demonstrated to me that the skills and facilities in the North East are perfectly placed to capitalise on the growth of the green technology industry. In Sweden they are using their ship building facilities to build wind turbines. This is a fantastic opportunity for the North East to do the same. Skills and Facilities abound; all that’s missing is the money that the Green Investment Bank will bring.”

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