LATEST: House prices jump by 2% in August, highest rise for 16 years

first_imgHouse prices increased last month by 2% and are now increasing year-on-year by 3.7%, extraordinary figures from the Nationwide published this morning show.This is the highest monthly rise February 2004, pushing up the average price of a house to £224,123 from £220,935 in July as the annual rate of increase has more than doubled in a month as demand for homes outstrips supply in many areas of the UK.Nationwide says momentum has returned to the housing market and its house prices research shows it has recovered fully from the Covid-induced downturn in prices during the pandemic lockdown.“Pent up demand is coming through where decisions taken to move before lockdown are progressing,” says Robert Gardner (left), Nationwide’s Chief Economist.“Behavioural shifts may also be boosting activity, as people reassess their housing needs and preferences as a result of life in lockdown.Our own research, conducted in May indicated that around 15% of people surveyed were considering moving as a result of lockdown.“Moreover, social distancing does not appear to be having as much of a chilling effect as we might have feared, at least at this point.“These trends look set to continue in the near term, further boosted by the recently announced stamp duty holiday, which will serve to bring some activity forward.”Industry reaction so farDavid Westgate (left), Group Chief Executive at Andrews Property Group, says:  “Right now, activity in the UK property market is off the Richter scale.“A rebound was always likely after lockdown but the level of transactions and people seeking to move is phenomenal. Properties in the most sought-after areas prices are going through the roof.”Anthony Codling (right), CEO of Twindig, says: “The increase may reflect a growing divide in the housing market between the COVID rich and the COVID poor, with the financially secure being able to move as usual whilst others are unable to either secure a foothold on the housing ladder or climb up it.” James Forrester (left), MD of Midlands agency Barrows and Forrester, comments: “This is the latest in a long line of data-based reports that show the market has turned quicker than a pint of milk in the mid-day sun, rebounding from the depths of pandemic decline seen early in the year to return to very good health, all things considered.” Lucy Pendleton of London agency James Pendleton (right): “Buyers emboldened by the stamp duty holiday have been engaged in a pitch battle for property, delivering a barnstorming recovery for the market.“A stunning proportion of properties are now going for asking price or more, and offers are flooding in. It’s like lockdown was a bad dream. Marc Von Grundherr (left) of London agency Benham & Reeves, adds: “The demise of the UK property market has been greatly over prophesied in recent months and these latest figures are yet further proof that it will take far more than a period of muted activity to alter its impenetrable nature.”Read more about the bounce-back.James Forrester Barrows and Forrester Twindig Marc von Grundherr Nationwide Anthony Codling Benham and Reeves Robert Gardner September 2, 2020Nigel LewisOne commentLyndon Le Boutillier, Hearnes Hearnes 2nd September 2020 at 9:00 amThe stamp duty holiday is the first foolish move this or any recent government has made in managing the house market pricing in the last 20 years. Back to boom and bust housing market I’m afraid. This needs to be managed quickly as house prices cannot outstrip average wage rises. If they do we are set for serious problems after the stamp duty holiday. Remember the unbelievable damage announcing the removal of ‘mortgage interest relief at source’ in December 1987 with a deadline of first of August 1988!Log in to ReplyWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021 Home » News » Housing Market » LATEST: House prices jump by 2% in August, highest rise for 16 years previous nextHousing MarketLATEST: House prices jump by 2% in August, highest rise for 16 yearsNationwide figures reveal extraordinary data from the housing market as pent-up demand leads to an unexpected boom.Nigel Lewis2nd September 20201 Comment2,815 Viewslast_img read more

Davie: Canada should reconsider need for second AOR

first_img Photo: The interim AOR ship MV Asterix arrives for the first time at Pier 20 in Halifax harbor on 27 December 2017. Photo: Chief Petty Officer 2nd Class Shawn M. Kent, Royal Canadian Navy Quebec-based shipbuilder Davie Shipbuilding has urged Canadian prime minister Justin Trudeau to reevaluate the government’s decision not to order a second supply ship for the Royal Canadian Navy.Speaking in Quebec last Friday, Justin Trudeau told an audience that the Canadian Armed Forces did an assessment and concluded that there was no need for the second supply ship proposed by Davie Shipbuilding.The shipbuilder noted that the requirement for a second supply ship for the Royal Canadian Navy was studied by both the Senate and House of Commons permanent defense committees in 2017 and both committees concluded that Canada should procure a second interim supply ship from Davie to meet the operational requirements of the navy.“Given the statement from the Acting Vice Chief of Defence Staff, two parliamentary reports and documents provided by the Department of National Defence which confirm that the Joint Supply Ships will not achieve Full Operational Capabilities until 2025, there clearly remains a need for Obelix,” the shipbuilder said.“To that end, we would request that the Prime Minister conduct an independent third-party analysis of the utilization rate of the current supply ship, MV Asterix, and the exact time when the Joint Support Ships to be delivered from the Vancouver shipyard will achieve Full Operational Capability. This analysis should be concluded in an expedited timeframe (30 days) so that we can get on with providing the women and men of the Royal Canadian Navy the equipment it needs to carry out the job the government asks them to do, both in Canada and abroad.”In November 2015, the Canadian government awarded Davie Shipbuilding a $CAD700 million contract to deliver the MV Asterix, a container ship converted into an auxiliary oiler replenishment (AOR) vessel. The ship was delivered to the navy in January 2018. Davie says it could deliver a second AOR – the Obelix – for $500 million, but the offer is yet to be accepted by the navy and the government.MV Asterix is an interim solution intended to replace the out-of-service Protecteur-class ships until the new Joint Support Ships are delivered. View post tag: Royal Canadian Navy View post tag: MV Asterix View post tag: AOR View post tag: Davie Shipbuilding Share this articlelast_img read more

Dental Hygiene Program Coordinator

first_imgCollege of the Mainland is an affirmative action/equal opportunityinstitution and does not discriminate on the basis of race, color,sex, age, national origin, religion, disability or veteranstatus.College of the Mainland does not discriminate on the basis ofdisability in the recruitment and admission of students, therecruitment and employment of faculty and staff, and the operationof its programs and activities, as specified by federal laws andregulations within Section 504 of the Rehabilitation Act of 1973and the Americans with Disabilities Act of 1990 and 1992. Maximum Salary Range Dental Hygiene graduate from a Commission on Dental Accreditationaccredited programMaster’s degree or currently enrolled in a masters or higher degreeprogram with a minimum 50% program completion at the time of hirefrom a regionally accredited institution Contract LengthN/A Demonstrable history of Dental Hygiene course and curriculadevelopment and instruction; experience teaching in a 2-yearcollege environment.Experience in CODA accreditation or re-accreditation processKnowledge of online and/or hybrid teaching formatsExperience using simulation aids for laboratory experience Mid Point Salary RangeTBD Minimum Education/Training/Experience Posting NumberF138P Positions in this class typically require: reaching, standing,fingering, grasping, talking, hearing, and seeing. Sedentary Work:Exerting up to 10 pounds of force occasionally and/or a negligibleamount of force frequently or constantly to lift, carry, push, pullor otherwise move objects, including the human body. Sedentary workinvolves sitting most of the time. Jobs are sedentary if walkingand standing are required only occasionally and all other sedentarycriteria are met.The physical demands described here are representative of thosethat must be met by an employee to successfully perform theessential functions of the position, with or without accommodation;Stand, sit, climb or balance; and stoop, kneel, crouch or crawl.The employee must frequently lift and/or move up to 15 pounds andoccasionally lift and or move up to 40 pounds * Are you a Dental Hygiene graduate from a Commission on DentalAccreditation accredited program?YesNo Position TypeFaculty * Do you possess a Master’s degree or are currently enrolled ina masters or higher degree program with a minimum 50% programcompletion at the time of hire from a regionally accreditedinstitution?YesNo Minimum Salary RangeTBD Posting Open Date12/09/2020 Preferred Education/Training/Experience Preferred Knowledge & Skills Special Instructions to Applicant Class Summary – Prepare, develop, revise curriculum and course work. Meet classesas scheduled. Complete paperwork/tests and issue student grades asscheduled. Maintain office hours for student consultation.- Establish an advisory board- Responsible for development of all aspects of the program,including the organization, administration, continuous review,planning, development, and general effectiveness of theprogram.- Pursue ongoing formal training designed to maintain and upgradehis/her professional, instructional, and administrativecapabilities.Responsible for organization, administration, continuous review,planning, development, and general effectiveness of clinicalexperiences for students enrolled in the Dental Hygieneprogram.- The program administrator must have the authority andresponsibility necessary to fulfill program goals including:a) curriculum development, evaluation and revision;b) faculty recruitment, assignments and supervision;c) input into faculty evaluation;d) initiation of program or department in-service and facultydevelopment;e) assessing, planning, and operating program facilities;f) input into budget preparation and fiscal administration;g) coordination, evaluation, and participation in determiningadmission criteria and procedures as well as student promotion andretention criteria.- This position will initially report to the Director of ProgramDevelopment and is responsible for performing tasks and assignmentsgiven by the Director. Other duties as appropriate to theposition. Ability to develop Dental Hygiene program courses and curricula andeffectively teach Dental Hygiene courses.Working knowledge of Commission on Dental Accreditation ( CODA ),Texas State Board of Dental Examiners Dental Hygiene and TexasHigher Education Coordinating Board standards Employment StatusTemporary Master’s or Doctorate degree in Dental Hygiene or related area.Teaching experience in Dental Hygiene courses at a community ortwo-year college.Experience in developing new programsA minimum of 3 years work experience as a Dental HygienistA minimum of 2 years teaching experience in a CODA accreditedprogram Holds a current Texas State Board of Dental Examiners DentalHygienist license The Allied Health Department is seeking a full time temporaryDental Hygiene Program Coordinator who will be responsible fordeveloping curricula and coursework for our new Dental HygieneDegree program and once active, possibly providing qualityinstruction within the Dental Hygiene and allied (Dental Assistant)programs as qualified. In addition, the coordinator will beresponsible for providing scheduled office hours for studentconsultation, serve on College committees as needed and assigned,and participating in student orientated instructional andadvisement activities as needed and assigned. Candidates that are eligible applyInternal/External Quick Link for Direct Access to Postinghttps://jobs.com.edu/postings/2356 Minimum Knowledge & Skills Posting Close Date EEO Statement Position TitleDental Hygiene Program Coordinator Position Details Open Until FilledYes FLSAExempt Physical Requirements Job Duties Supplemental QuestionsRequired fields are indicated with an asterisk (*). Position FundingRegular Licensing/Certification Requirements Documents Needed to ApplyRequired DocumentsResumeCover LetterTranscripts (1 of 3)Optional Documentslast_img read more

Oxford students protest Higher Education Bill

first_imgOUSU have funded lecturers and students to protest in central London against proposed Higher Education Bill.Organised by the NUS, students 15,000 took part in a protest on Saturday in London against the Higher Education Bill proposed by the British government. Protestors held signs saying “You can’t spell HE Bill without hell” and “Value my mind not my bank account.”The Bill, proposed in 2015, plans to increase tuition fees in correspondence to inflation from 2017 onwards. It will create new university league tables based on teaching quality which will allow some universities to raise tuition fees higher than others.This could raise fees from £9,000 to £9,250 per year. Malia Bouattia, NUS President, called this new proposed Bill an “ideologically led market experiment.”OUSU urged Oxford students to attend Saturday’s protest and organised coaches leaving from Wadham College to take students there.OUSU commented, “We believe that Oxford students should have their voices heard on a national platform and we aim to facilitate the engagement of our students’ voices with issues of national policy wherever we can.”Balliol, St John’s and Pembroke JCR have also expressed their opposition to the Bill to increase university fees. The Balliol motion called the university’s decision to participate in the Bill as “detrimental to access.” Pembroke JCR donated also £100 towards coaches to take students to Saturday’s protest.After originally expressing an intention to increase fees for all students, the University of Oxford have decided not to raise tuition fees for students enrolled before 2016. This decision came after OUSU posted a video in September, calling the bill “outrageously unfair” and urged students to sign petitions and pass motions in JCRs.However, the university have not opposed the increase in fees for students enrolling from the year commencing 2016. Financial models have estimated that some intuitions can charge up to £12,000 a year by 2026 should this Bill pass. OUSU expressed that the initial £250 increase is “a small step on a slippery slope.” The Bill passed by a majority in Commons on Monday.Sean O’Neill, PPEist at Hertford, was a protestor, told Cherwell, “We need to defend education however we can, in the face of a government which won’t put our students and academics first.“This is clearly an issue that negatively affects students and the future of our university; OUSU needs to be there to represent us.”last_img read more

AG Curtis Hill Calls On FCC To Provide States’ Greater Power To Fightrobo Calls…

first_img Attorney General Curtis Hill today called on the Federal Communications Commission to create new rules to allow telephone service providers to block more illegal robocalls being made to consumers in Indiana. He is part of a bipartisan coalition of 34 attorneys general issuing a formal comment to the FCC.The formal comment explains that scammers using illegal robocalls have found ways to evade a call-blocking order entered last year by the FCC. Despite the FCC’s order, robocalls continue to be a major irritant to consumers in Indiana and across the United States. In 2017, the Federal Trade Commission received 4.5 million illegal robocall complaints – two and a half times more than in 2014. The Office of the Indiana Attorney General receives thousands of complaints each year with respect to illegal calls, including scam calls, telemarketing complaints and robocalls.Following an initial win for American consumers last year by the bipartisan coalition, when the FCC granted phone service providers authority to block certain illegal spoofed robocalls, the attorneys general now seek added authority for the providers to work together to detect and block more illegal spoofed robocalls – including “neighbor spoofing.”“Hoosiers should be able to enjoy peace and privacy without the disturbance of unwanted calls interrupting their routines,” Attorney General Hill said. “We need stronger measures aimed at rooting out bad actors responsible for rampant robocalling.”“Spoofing” allows scammers to disguise their identities, making it difficult for law enforcement to bring them to justice. “Virtually anyone can send millions of illegal robocalls and frustrate law enforcement with just a computer, inexpensive software and an internet connection,” the attorneys general wrote in the formal comment filed with the FCC.One tactic on the rise is “neighbor spoofing,” a technique that allows calls – no matter where they originate – to appear on a consumer’s caller ID as being made from a phone number that has the same local area code as the consumer. This manipulation of caller ID information increases the likelihood that the consumer will answer the call.In the formal comment, Attorney General Hill and members of the coalition expressed support for the new initiative, which will give phone service providers the ability to authenticate legitimate calls and identify illegally spoofed calls and block them. The added authority sought by the attorneys general will allow service providers to use new technology to detect and block illegal spoofed calls – even those coming from what are otherwise legitimate phone numbers. Service providers will be ready to launch this new authentication method in 2019.To date, the FCC has not issued a notice of proposed rulemaking concerning additional provider-initiated call blocking. The attorneys general anticipate that further requests for comments will take place on this subject.The added authority which the attorneys general seek from the FCC is not in conflict with Indiana’s Do Not Call List, in which consumers sign up to avoid receiving calls from legitimate vendors. The initiative for which the attorneys general seek FCC approval concerns illegal robocalls – which are made to consumers regardless of whether or not they sign up for do-not-call lists.FacebookTwitterCopy LinkEmailSharelast_img read more

Wintner to run for council on Team Matsikoudis

first_img ×THROWING HER HAT IN THE RING – Esther Wintner, a well-established civic activist in Jersey City, will run for council as an at-large candidate on Team Matsikoudis JERSEY CITY — Esther Wintner, a civic activist in Jersey City, will be running as an at-large council candidate on a ticket headed by Mayoral Candidate Bill Matsikoudis.“Realizing that we both wanted what was best for Jersey City, we began working together on issues,” Matsikoudis said. “Esther helped the City recoup millions of dollars when she advocated for an audit of a Downtown abatement. She was instrumental in obtaining a DOJ grant when she worked with police leadership that helped hire additional police officers.”Matsikoudis is running for mayor against incumbent Steve Fulop in November, and has already announced a number of council candidates. Wintner has been a very vocal critic of this and previous administrations. She previously ran for city council as a Ward B candidate. THROWING HER HAT IN THE RING – Esther Wintner, a well-established civic activist in Jersey City, will run for council as an at-large candidate on Team Matsikoudislast_img read more

City Spends $47,558 to Get OCTC Property Ready for “As Is” Lease

first_imgA city-owned property at the corner of 15th Street and West Avenue in Ocean City, NJ, is the new home for the Greater Ocean City Theatre Company.Less than a month after signing a lease to rent an unused city building to the Ocean City Theatre Company “as is” for $1 a year, the City of Ocean City began to spend $47,558 to fix it up.In addition, Ocean City Department of Public Works employees logged a combined 37.5 hours of overtime replacing walls, spackling and painting the inside of the building at 1501 West Avenue, even though the lease specified that “the tenant shall maintain, repair and keep in satisfactory condition the interior of the building.”Invoices from the first three months of 2015 show that the city paid an outside contractor (Capri Consruction) $17,479 to remove existing frame walls, acoustical ceiling and flooring, and to frame new walls around the perimeter of the interior. The city paid GM Mechanical Contractors $9,600 to replace the HVAC system, Premier Electrical Contractors $6,180 to remove and reinstall lighting, fixtures and thermostats, and Erco Ceilings $6,850 to remove and repair ceilings. Shoemaker Lumber was paid $442 for chair rail, brass handrail brackets and other supplies. The invoices alone totaled $47,557.88.The records were provided by the city in response to a March 30 Open Public Records Act (OPRA) request from OCNJ Daily.The city also produced records showing city employees worked 37.5 hours of overtime in February and March alone for jobs specified as painting, sanding sheet rock and replacing plywood walls, among other tasks.There is nothing illegal about the city paying to maintain its own building or volunteering work not required by a lease. But even after a walk-through inspection of the building by a city councilman and a city official after the first reading of the ordinance that authorized the lease in December 2014, nothing was said to the public about the need for such extensive work during a public hearing before the second reading.The revelation comes at a time when the city just passed a $73.1 million budget that raises the tax levy by 3.3 percent and when many citizens are arguing the merits of priorities for a $79 million capital spending plan for the next five years. AT LEAST ‘HABITABLE’Mike Dattilo, assistant to Mayor Jay Gillian and a current member of the Ocean City Theatre Company board, said Thursday that it was the city’s intention all along to provide a building that was “habitable.”OCTC would then be responsible for outfitting it, and for ongoing interior maintenance. The building had been remediated in the immediate aftermath of Superstorm Sandy but left largely untouched since then.City Council did not authorize the work, and Guinosso said Sunday that he was unaware of the extent of it.At the time and again on Sunday, he said he was most worried about flood damage and mold when he toured the building in December.“I knew the entrance had to be taken care of,” he said. “It would be dangerous for the kids to be in there.”He said he would have to look into what further improvements were made.OCTC Artistic Director Michael Hartman said it also was his understanding that the city’s work was to be done only to make the building inhabitable and ADA accessible.“We are incurring major expenses,” Hartman said, including laying a new floor down. “We’ve been literally slaving to get everything ready. It’s been a lot of hard work from us.”He said the work comes at a busy time for OCTC with auditions, rehearsals, fundraisers and other preparation for the upcoming season.He said some OCTC staff is in the building now. When it’s fully renovated, the building’s first floor will be home to rehearsals, classes, offices and a room for props. The second floor will be dedicated to costume storage and construction.__________Daily Ocean City headlines delivered to your inbox: Sign up for free. THE LEASE AGREEMENTThe lease of the city-owned building at 15th Street and West Avenue to the nonprofit Greater Ocean City Theatre Company (OCTC) for $1 a year was approved by City Council in December.The property is a vacant building used by the city in recent years only for the storage of records and city equipment. A state law allows municipalities to lease unused property to nonprofit organizations, according to City Solicitor Dottie McCrosson.The theater company is creating a performing arts facility used to run its youth theater camps for the city, to stage rehearsals for its full calendar of productions throughout the year, and to create a base for costuming and props. It will not be a location for live performances — which will continue to be staged at the Ocean City Music Pier, Performing Arts Center at Ocean City High School or other locations on the island.The lease allows OCTC to consolidate “four different locations on the island under one roof and to function with a little more financial stability,” Artistic Director Michael Hartman said at the time.Council approved the second and final reading of the ordinance that authorizes the five-year lease on Dec. 18. The vote was 6-0 with Council President Tony Wilson recusing himself because he, at the time, was a member of the OCTC Board of Directors. Wilson was not present at the meeting when the first reading was approved.Councilman Pete Guinosso had toured the facility with Assistant to the Mayor Jim Mallon and expressed concern about mold and about the condition of the entrance to the building from the 15th Street side. But nothing was said by the administration (which would soon authorize the work) about the need to replace the HVAC system, walls, ceilings and to rewire the electrical system.The property had been remediated for flood damage after Superstorm Sandy and was tested again for mold.“The property consists of a vacant building and is hereby leased entirely ‘AS IS,’ ” the lease states (see full text of the lease and ordinance). “The LANDLORD makes no representations as to the conditions or suitability of the property or its environmental condition, for any use or purpose.”The lease goes on to specify that the tenant acknowledges acceptance of the property “AS IS.” It states that the city will be responsible for the roof and exterior of the building, and the OCTC for the interior.“This includes without limitation the floors, walls, ceilings, windows, plumbing, appliances, electrical and all other parts of the premises,” according to the lease.But even though the lease appears to place the burden of interior repair on OCTC, public discussion was different.“Are they taking care of all the repairs inside?” Guinosso asked at the Dec. 4 meeting.“Yes.they’ll take care of the repairs inside, the cosmetic items,” McCrosson responded. “The more structural capital items, the city will take care of.”last_img read more

Greggs reveals interest in First Quench sites

first_imgPatrick McGuiganGreggs has expressed interest in buying up to 120 First Quench off-licences from administrators, reflecting a wider strategy of cherry-picking sites from struggling retail chains in its bid to open over 600 new stores.The retailer is running the rule over 10% of First Quench’s 1,200 shops, which comprise Threshers and Wine Rack stores, after the chain went into administration last month. Greggs is also in negotiations to buy around 10 Ainsleys’ shops from administrators (see pg 5).”We’re looking for more than 600 shops, so when companies go into administration, we are quick to make contact. We’ve looked at many companies and have put extra people into our property team to do this,” Greggs’ chief executive Ken McMeikan told British Baker. “When a chain like Threshers goes into administration there is often overlap with existing Greggs stores, but if there are parts of its portfolio that are a good fit, we’ll be straight on the phone.”McMeikan emphasised the social benefits of such deals: “We can potentially offer employees from those companies in administration a secure future within Greggs, which is a financially strong and growing business.”Greggs plans to open 50-60 new stores next year and around 70 stores per year from 2011. Target regions include the south west, north west, north Wales and north-east Scotland. Indus-trial parks and sites at travel hubs, such as airports, are also a focus.”I haven’t ruled out acquisitions, if the right company came along,” added McMeikan. “In terms of opening shops in the south west, we first need to open a new bakery in that region. If there were an existing business that could provide both shops and a bakery in the area, we’d certainly be very interested. It would mean we wouldn’t have to build a brand new bakery.”According to Paul Moody, retail director at property consultancy Colliers CRE, Greggs will face tough competition for prime retail sites, despite the downturn. “Greggs is a mature chain so it will have a refined and specific list of properties it is looking for,” he said. “There is strong demand for good locations on the high street and sites at transport hubs from players such as Subway, EAT, and Pret, so Greggs won’t find it easy.”last_img read more

BFP Wholesale sold to private equity group

first_imgLesaffre has sold UK food distributor BFP Wholesale to private equity consortium Zimt Holding for an undisclosed sum.Headquartered in Sevenoaks, BFP products are distributed to more than 4,000 customers throughout the UK including Krispy Kreme and Greggs. In 2013 BFP turned over £75m through the sale of 50,000 tonnes of ambient, chilled and frozen food.Nick Harris, managing director of BFP Wholesale, said: “In Zimt Holding we have found a strong partner that is fully aligned with our goals and has the resources to help us drive the next phase of the company’s development. Seasoned executives will join the board to support us in our strategy.”Marc Casier, Lesaffre’s general manager baking Western Europe, said: “The sale reflects a strategic choice to focus on our core activity of yeast production and sale and we are very pleased to have found an ambitious buyer for BFP.”The consortium, led by David Burresi and Sebastian Sipp, combines more than 70 years’ experience in private equity, M&A and senior management. Burresi said: “We are delighted to be partnering with BFP. With a strong management team and a well-established presence in the UK’s multi-billion-pound food distribution market, BFP is ideally positioned for growth. We look forward to supporting management in realising the company’s potential.”Sipp added: “BFP presents an exciting opportunity for accelerated growth in the years ahead. By deploying our significant operational and management expertise, we will be working closely with the management team to develop BFP’s purchasing and distribution processes and will invest in its personnel and information systems to enable the firm to take advantage of a fast-changing environment.”Lesaffre was advised by consumer advisory firm Leopold Capital Partners and Linklaters. Zimt Holding was advised by Addleshaw Goddard, with GE Capital providing financing.last_img read more

Roberts Bakery secures logistics deal

first_imgRoberts Bakery, the Cheshire-based firm, has agreed a deal with logistics provider Bibby Distribution, which will allow it to supply customers further afield than ever.Fresh products from Roberts’ Northwich (Cheshire) and Ilkeston (Derbyshire) plants will be picked and packed at Bibby’s Scunthorpe site before being distributed through the company’s extensive nationwide depot network to supermarkets and convenience stores as far away as Yorkshire and Lincolnshire.The contract comes after a 12-month trial during which Bibby, which has previous FMCG experience with companies such as Kellogg’s and First Milk, delivered 25,000 loaves a week to 160 customers in Sheffield, Rotherham and Doncaster.Mark Owen, logistics director at Roberts Bakery, said: “By working with experienced logistics partners we can focus on our core strengths, which are baking high-quality bakery products and making deliveries from our main site in Northwich. The model is also scalable, which could help provide national distribution capability in the future.“As far as food miles efficiency is concerned, the partnership is already proving its worth. We have already saved over 700km a day by using their South Humberside base to reach our customers.”Ten jobs have already been created by the 12-month contract in Scunthorpe – in picking, warehouse supervising and driving roles. More are expected to come as the relationship between the companies develops.Ian Firth, divisional development director at Bibby Distribution, said: “We’re pleased to help support Roberts’ growth. Our systems and processes mean we deliver on a day zero basis, with no stock rollover, ensuring the bread we deliver is as fresh from the oven as possible. We will also be leveraging the capacity of our network to keep the cost of delivery low.”last_img read more