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NEWS ROUNDUP: Leeds City Centre bounces back

 

08/06/21 | Leeds local news | Economic activity in Leeds city centre has bounced back to almost pre-pandemic levels, retail experts have claimed.

According to Geolytix’s retail recovery index, Leeds has seen West Yorkshire’s biggest increase in economic activity in recent weeks – back to 97 per cent of pre-pandemic levels – significantly higher than the 73 per cent overall national average.

A local retail representative has welcomed the findings, but added the city centre economy is missing the extra spending no longer being provided by those now working from home.

A report, set to go before the West Yorkshire Combined Authority (WYCA) annual meeting this week, added that one in 10 jobs throughout the region were furloughed in early May – the lowerst level since November last year.

It also claimed bus and rail use has increased “markedly” since restrictions were eased back in April, but warned private vehicle use was recovering even faster.

Martin Dickson is head of marketing at Leeds BID, which looks after traders in Leeds City Centre. He said the word from individual businesses is that they indeed have been seeing something of a rennaisance in the past few weeks.

He added: “Looking at some of the figures and what I have heard, it’s more positive that the perception would have indicated.

“Harvey Nichols the Saturday before last did better than the same Saturday in 2019. The footfall and monitoring reported two days of trade where the footfall was better than 2019.

“The hospitality reopening was important, but retail and hospitality work hand in glove. It was more important the May 17 went ahead with lifting of hospitality restrictions – people spend more time around shops if they can have a drink or a butty.

“One thing we have seen is a lot more honest and positive collaboration between businesses that wouldn’t have worked with each other before – people have been united to a common cause, which is recovery.

“Retail centres who would have been competitive are banging the drum to get people into the city centre.”

WYCA’s latest Covid-19 Insights Report stated economic activity has “continued to increase” in most of West Yorkshire’s urban centres in the week to May 20, according to Geolytix’s retail recovery index.

It added: “Leeds has seen the most notable increase in recent weeks, and activity was at 97 per cent of pre-pandemic levels in the latest data. Huddersfield was the only main centre to see activity fall, but remains second highest overall at 83 per cent of pre-pandemic levels, higher than the 73 per cent averaged nationally.”

The number of furloughed workers across West Yorkshire fell to 10.3 per cent from 12.6 per cent a fortnight earlier, while the proportion “in their usual workplace” stood at 56.7 per cent.

Nearly half of all businesses in the region enabled home working – two thirds of those now say staff are either already back in the office or will be within six months.

However, one out of five businesses says staff will now work from home for either 12 more months or permanently.

Mr Dickson spoke of the need to get office workers back into the city centre, in order for businesses to be better supported.

“They are missing the commuters,” he added. “For example, I’m working one day a week in the city centre now – that is four days of that week where I am not buying a coffee where I otherwise would have done.

“It is about encouraging that flexibility to allow people to come and work in the city centre again.

“People realise that a combination of (working from home and the workplace) will be healthier for them and better for them than being forced to work from home.

“We have to add that extra experience so when people do come back in they say ‘this is ace – it is better than being at home on my computer’!”

A Leeds City Council spokesperson said: “There has been a strong partnership approach to re-opening the city centre, with city centre management, LeedsBID, Leeds Hotels and Venues Association and Visit Leeds working together with retail and hospitality businesses to safely welcome customers back to the city centre.

“Future works will soon transform the city with greener space, among the first are the creation of a new ‘plaza’ space outside the Corn Exchange and the development of the Meadow Lane public space, which effectively marks the official start of the delivery of the new City Park in the South Bank.”

It added that, across Leeds City Centre, there was now an extra “25 per cent” outdoor seating space for hospitality business, as well as extra family events to get people back into the city centre.

The statement also claimed the road improvement works along the Headrow and Park Row have provided widened pavements, new trees, cycle lanes and bus shelters – along with safer road crossings.

The report into West Yorkshire’s economy will be discussed by WYCA’s annual meeting on Wednesday, June 9.

(LDRS | Richard Beecham)

 

 

The city council has welcomed a new report that names Leeds as one of the UK’s go-to destinations for major international investors.

Professional services firm EY’s latest UK Attractiveness Survey shows Leeds was the seventh best performing place in the country for foreign direct investment (FDI) projects during 2020.

The survey identifies a total of 16 FDI projects secured by the city over the course of the year, despite the economic pressures caused by the COVID-19 pandemic.

EY’s report – which includes analysis of 570 international investors’ perceptions of the UK as a destination for FDI – also pinpoints digital technology as a sector with “significant growth potential” for Yorkshire as a whole.

Councillor James Lewis, leader of Leeds City Council, said:

“These are encouraging findings and ones that I am sure will be welcomed by all those working hard to secure the kind of investment that will bring new employment and skills opportunities for people across Leeds.

“COVID-19 has clearly had a major impact on the economies of big cities like ours but the future here is looking bright, thanks in part to high-profile projects such as the new Leeds-based hubs being planned by the Bank of England and the Department for Transport.

“We were also delighted to be named earlier this year as the location of the country’s first-ever infrastructure bank, which will invest in public and private projects across the UK.

“Work on the City Square House development – which will be home to global law firm DLA Piper – is another notable vote of confidence for Leeds, along with the sizeable investment commitments made by the likes of Channel 4, Sky and Burberry at other local sites.

“It’s also pleasing to see digital technology and health and wellbeing picked out in the report as growth areas for the UK, given the strong position Leeds already occupies in these two sectors.”

Leeds’s total of 16 FDI projects accounts for nearly a third of all those secured across Yorkshire and the Humber in 2020.

 

 

A chip connoisseur who has eaten his favourite food twice a week for 60 years was astonished after he found one - measuring more than 7.5 INCHES.

Frank Smith, 77, said he was shocked when he was preparing his dinner to find the supersized spud and decided to keep it safe so he could show his daughter.

The retired electrical contractor has been eating chips twice a week since he was a teenager but he has never seen one this big.

The loyal McCain’s muncher said he never expected to find such a prodigious potato when he opened the £4 family pack.

He said he will never eat it and even keeps his ‘prized possession’ in its very own compartment in the freezer.

Frank, from York, said: “I’ve never had such a massive chip in all my life, and I’ve been eating chips as long as I can remember.

“I thought to myself ‘that’s a big potato’ and wanted to show it to my daughter.

“I just asked her round and said ‘look at the size of this chip’.

“I’m never going to eat it, I keep it in its own little space in the top shelf of the freezer.

“It’s a prized possession now.”

Frank, who has been vegetarian all his life, said chips are the ‘holy grail of food’.

He added that while he loves chips, there is nothing he hates more than crinkle cut chips.

He said he likes his chips ‘thick and chunky’, with just some vinegar and HP sauce.

He said: “I eat chips every single weekend. I’m a vegetarian so chips are like steak for me.

“It’s the holy grail of food for me.”

(SWNS | Joe Pagnelli)


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