Lincolnshire businesses most optimistic since recession
What a difference a year makes: Businesses in Lincolnshire are confident about growth in 2014, the most since 2009, the latest economic survey indicates.
Neil Corner, Director of Service at Siemens in Lincoln and a board member of the Greater Lincolnshire Local Enterprise Partnership, is optimistic about the economic prospects in the county for 2014.
Lincolnshire businesses are optimistic about their business prospects for 2014, according to the latest economic survey, with a majority of firms expecting an upturn in profitability, turnover and market share over the next 12 months.
The Lincolnshire Research Observatory survey undertaken in December 2013 indicates that a trend for profitability and improved performance is set to continue into 2014.
In Lincolnshire the survey is undertaken by Lincolnshire County Council on behalf of the Lincolnshire Chamber of Commerce and in partnership with the University of Lincoln.
The British Chamber of Commerce Quarterly Economic Survey (QES), which takes a health check of Lincolnshire’s business economy every three months, shows that these key indicators of business sentiment have been improving throughout 2013.
Demand is increasing, with sales and orders in both export and particularly domestic markets buoyant. Some 45% of survey respondents said that their domestic sales improved last quarter– the highest percentages since 2009.
The number of businesses saying they expect profitability, turnover and market share to improve in 2014 out-weighed those who say it will worsen by over 30%.
Simon Beardsley, Chief Executive at the Lincolnshire Chamber of Commerce, said: “Over the last year a growing number of Chamber members and county businesses have said they remain confident about future growth.
“More firms than ever before believe they can increase their turnover and sales, which is testament to their hard-work, creativity and ambition. But we must not get complacent, there is still a lot of work to be done to ensure that businesses are given the right trading conditions for long term sustainable growth.”
Results in the QES survey were particularly strong for the manufacturing sector and there was an upturn in the number of businesses investing in plant and machinery equipment.
Neil Corner, Director of Service at Siemens in Lincoln and a board member of the Greater Lincolnshire Local Enterprise Partnership, said: “The results of the latest survey are very much in line with market sentiment.
“Growth is accelerating, and it is clear this is having a positive impact on business confidence. Manufacturing must continue to maintain output and make the necessary investment in infrastructure, R&D and skills and training to ensure that this positive trajectory continues.”
Cash flow problems experienced by many businesses also appear to be easing: for the first time in four years, the number of businesses reporting an improvement in cash flow outweighs the number saying cash flow worsened.
The Quarterly Economic Survey offers the first economic results of the quarter, published in advance of any other official figures or private surveys.
Professor David Rae from the Lincoln Business School at the University of Lincoln, said: “The latest results from the QES continue the trend of increasing business activity and confidence in future prospects which has become established over the past three quarters.
“This shows that Lincolnshire is in line with the national picture of a sustained recovery in trading conditions from the recession, which is most welcome.”
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Phase two of the works at Speakers’ Corner in Lincoln is well underway and expected to finish on schedule this summer.
Phase two, which began on Monday, January 11, will see existing paving upgraded, as well as new street furniture being installed.
It will follow the first phase which was completed and open to the public on December 22, with a new bench put in place around the existing London Plane tree, instead of the demolished kiosk.
Speakers Corner bench is in place, but closed off until phase two paving works are finished. | Photo: The Lincolnite
Site setup for phase two is complete, with workers on site currently digging out the existing hard paving standings at the Cornhill.
A large portion of the area has been fenced off while work takes place, leaving just two pedestrian strips on either side to access both the High Street and the Cornhill Quarter.
There is limited access in the area while works take place. | Photo: The Lincolnite
Despite the cold and wet weather throughout January, progress of the paving removal has not been affected.
This means that phase two works are still on course to be finished in summer this year.
It is hoped that once the area is completed, the walkways will blend in with those at Exchange Square, as well as utilising the space for events.
A look at how the finished development will look. | Illustration: City of Lincoln Council
Bin collections in Boston and in parts of East Lindsey will be suspended for the rest of the week due to COVID-related staff absences.
The collections will be suspended from Wednesday, January 27 as a number of East Lindsey District Council’s and Boston Borough Council’s waste crews either have coronavirus or are self-isolating.
Boston Borough Council and East Lindsey District Council said it is not a decision that has been taken lightly and it is necessary for the service to be suspended in some southern parts of the district until Monday, February 1.
From Monday, waste collections are expected to continue as normal.
Households impacted by the disruption can present any accumulated side waste in black refuse sacks alongside their black bins on their next scheduled bin collection.
The following areas are affected:
Boston
Friskney
Eastville
New Leake
Stickford
Coningsby (part)
Coningsby Moorside
Dalderby
Haltham
Mareham Le Fen
Moorby
N Bolingbroke
Revesby
Scrivelsby
Tumby
Tumby Moorside
Tumby Woodside
Wilksby
Wood Enderby
Carrington
Dogdyke
Frithville
Gypsey Bridge
New Bolingbroke
New York
Scrub Hill
Thornton Le Fen
Westville
Antons Gowt
Cowbridge
Fishtoft
Frithville
Langrick
Sibsey
East Keal
East Kirkby
Hagnaby
Keal Coates
Midville
Stickney
Toynton All Saints
West Keal
Victoria Burgess, Assistant Director for Operations at the council, said: “Over the past couple of days it has proved a real challenge to keep the service going with a number of rounds having not been completed due to staff absences.
“With more crews off again today we needed to take action now and suspending the service is the only realistic option available to us to keep everyone safe – something we’ve worked hard to avoid.
“Our workforce has done an amazing job over the past year and they’ve received much praise from the community and are grateful for your continued good wishes.”
Meanwhile, Lincolnshire County Council has agreed to extend their open days at the Household Recycling Centre on Bittern Way for the disposal of black-bagged general waste and recycling only.
The two extra days of opening are Wednesday and Thursday of this week and next, between the hours of 8am and 4pm.
Over 6,000 people living in and around the Scunthorpe have signed up to donate convalescent plasma after having coronavirus.
This comes as NHS Blood and Transplant (NHSBT) is appealing for more potential plasma donors ahead of an upcoming third trial.
Convalescent plasma is the antibody-rich plasma of people who’ve had coronavirus. This can be transfused into people who are struggling to develop their own immune response.
NHSBT wants more people in the area hitting the 28-day recovery mark to sign up.
Over 30 donations have so far been taken at the Scunthorpe donor centre at Berkeley House at Berkeley Business Centre on Doncaster Road, which opened in December last year.
People can register to donate online here and can donate 28 days after they’ve recovered from coronavirus.
The Lincolnshire centre is located at Berkeley House at Berkeley Business Centre on Doncaster Road in Scunthorpe. | Photo: NHSBT
NHSBT is collecting the plasma for new trials for older people or those with cancer to treat them early in the course of the infection.
Two earlier trials have now stopped for data analysis. The upcoming third trial’s focus will be on those with low immune systems and all donations are tested for COVID antibodies.
The NHS trials of convalescent plasma are the largest randomised controlled trials for this treatment of COVID-19.
Professor Dave Roberts, Associate Medical Director for Blood Donation at NHSBT, said: “More people than ever are now able to help – the time to donate is now.
“We especially need donations from people in Scunthorpe who’ve had hospital care. Men who had hospital care are around six times more likely to have the high antibody levels which might save lives.
“We have completed two trials and analysis is ongoing. We now need to collect plasma for further planned clinical studies. We’re particularly looking at high risk groups such as the elderly and people with cancer.
“Donations are vital to the ongoing lifesaving research, which gives us a better understanding of how we can best treat patients with COVID-19 and help prevent deaths in the future.”
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