Latest news with #DavidLane
Yahoo
28-02-2025
- Business
- Yahoo
Aldermore Bank supports Select Plant Hire with £2.9m asset finance facility
UK-based Aldermore Bank has strengthened its partnership with Select Plant Hire by providing £2.9m ($3.67m) in asset finance for modular accommodation, which will support the TransPennine Rail upgrade between Leeds and Manchester. The government-backed project aims to enhance connectivity and economic growth in northern England. Since December 2023, Aldermore has supported Select by financing a range of construction assets, including crawler cranes, scissor lifts, tower cranes, battery units, and mast sections. This additional funding for modular units positions Select as one of Aldermore's key corporate customers, with further business opportunities anticipated, the lender said. With more than 30 years of experience, Select supplies equipment and services to the construction industry. Aldermore's asset-based lending (ABL) facility is designed to provide small and medium-sized enterprises (SMEs) with access to funding by unlocking the value of existing assets, such as debtors, machinery, and property. This funding allows businesses to expand and continue their operations. Aldermore business development manager Jon Burrell said: 'It has been a pleasure to support Select on this exciting project, which is set to deliver significant improvements to the region's infrastructure. 'At Aldermore, we pride ourselves on being a trusted funding partner, helping businesses like Select to innovate and grow. Their commitment to sustainability and excellence in the construction industry is truly inspiring, and we look forward to continuing to support their journey.' Select Plant Hire finance leader David Lane said: 'Aldermore, once again, has proven to be an invaluable funding partner. Their expertise and flexibility have enabled us to provide vital support to the TransPennine Rail upgrade, one of the most significant infrastructure projects in the UK. We value their dedication and look forward to continuing to build a strong relationship as we work towards our science-based targets.' In December, Aldermore provided a multi-million-pound asset-based lending package to support the Astwood Group, led by Michael Capewell, in its acquisition of TD Cross, trading as Cross and Morse. "Aldermore Bank supports Select Plant Hire with £2.9m asset finance facility" was originally created and published by Leasing Life, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Yahoo
25-02-2025
- General
- Yahoo
Burst pipe left people without water for 18 hours
Yorkshire Water has said it will carry out an internal review after dozens of people were left without supplies for up to 18 hours following a burst water main. The incident happened on the A161 Crowle Road overbridge, which takes traffic across the M180 in North Lincolnshire, on 15 February. It affected those in the DN9 and DN17 postcodes, including the villages of Crowle, Epworth and Eastoft. Some customers have criticised the company for not helping them properly and being left without water. During a parliamentary committee meeting on Tuesday, Yorkshire Water's chief executive Nicola Shaw admitted customers were "dissatisfied", as the company apologised in a statement for the incident. David Lane, who lives in Eastoft, said he was taking a shower when supply ceased. He said: "Suddenly there was no water and it [remained like that] for a good 18 hours." He later contacted Yorkshire Water, which had assured him there would be "a water tanker" arriving in the village by 18:00 GMT. However, the emergency supply never arrived and instead, water bottles had been delivered to the neighbouring villages of Luddington and Crowle, bypassing his hamlet, he said. Mr Lane said he gave up chasing the water company by phone because of a "30-minute wait" time. Paul Fillingham, a parish councillor in Eastoft, said he had rallied around the village trying to help those in desperate need of water, "which didn't materialise". "[Yorkshire Water] went through the village with an artic load of water and dropped it at the next village," he said. He said while some of those who were vulnerable had received bottles of water, many others were left without. Another Eastoft resident, Sue Healy, said there had been "a lack of information" to keep customers informed about the incident. "I received four text messages the day after, but nothing on the day it actually happened," she said. In a statement, Yorkshire Water apologised "for any inconvenience caused" by the burst water main and for not updating some customers. However, it said: "The location over the M180 motorway made it more complex than usual to complete a quick repair." The company said it delivered bottled water to 211 vulnerable customers. But could only set up stations "in areas where it is safe to do so and there is space to host the bottled water", and as a result, was "unable to set up bottled water [distribution] in Eastoft". A spokesperson said: "We have spoken with local councillors today to understand their concerns and we will be conducting an internal review to identify any areas for improvement." Speaking to MPs on the Environment, Food and Rural Affairs Committee earlier, Ms Shaw said: "We want to achieve a thriving Yorkshire, which is doing the right thing for our customers and for the environment. "We know we are not doing that at the moment." She admitted the company's performance was "not good enough". "The public is obviously dissatisfied and rightly so," she said. Earlier this month, Yorkshire Water apologised after a leaking pipe resulted in a road closure and left hundreds of properties in Goole without supply. When quizzed by MPs why the company only supplied bottled water to 44 of the 600 homes affected, Ms Shaw said they believed "there was still supply". "I think in retrospect that was the wrong decision," she added. Listen to highlights from Lincolnshire on BBC Sounds, watch the latest episode of Look North or tell us about a story you think we should be covering here. Road closed as water company deals with pipe leak Yorkshire Water
BBC News
25-02-2025
- General
- BBC News
Burst pipe left Eastoft villagers without water for 18 hours
Yorkshire Water has said it will carry out an internal review after dozens of people were left without supplies for up to 18 hours following a burst water incident happened on the A161 Crowle Road overbridge, which takes traffic across the M180 in North Lincolnshire, on 15 February. It affected those in the DN9 and DN17 postcodes, including the villages of Crowle, Epworth and customers have criticised the company for not helping them properly and being left without a parliamentary committee meeting on Tuesday, Yorkshire Water's chief executive Nicola Shaw admitted customers were "dissatisfied", as the company apologised in a statement for the incident. David Lane, who lives in Eastoft, said he was taking a shower when supply said: "Suddenly there was no water and it [remained like that] for a good 18 hours."He later contacted Yorkshire Water, which had assured him there would be "a water tanker" arriving in the village by 18:00 GMT. However, the emergency supply never arrived and instead, water bottles had been delivered to the neighbouring villages of Luddington and Crowle, bypassing his hamlet, he said. Mr Lane said he gave up chasing the water company by phone because of a "30-minute wait" time. Paul Fillingham, a parish councillor in Eastoft, said he had rallied around the village trying to help those in desperate need of water, "which didn't materialise". "[Yorkshire Water] went through the village with an artic load of water and dropped it at the next village," he said. He said while some of those who were vulnerable had received bottles of water, many others were left Eastoft resident, Sue Healy, said there had been "a lack of information" to keep customers informed about the incident. "I received four text messages the day after, but nothing on the day it actually happened," she said. In a statement, Yorkshire Water apologised "for any inconvenience caused" by the burst water main and for not updating some it said: "The location over the M180 motorway made it more complex than usual to complete a quick repair."The company said it delivered bottled water to 211 vulnerable customers. But could only set up stations "in areas where it is safe to do so and there is space to host the bottled water", and as a result, was "unable to set up bottled water [distribution] in Eastoft". A spokesperson said: "We have spoken with local councillors today to understand their concerns and we will be conducting an internal review to identify any areas for improvement." 'Not good enough' Speaking to MPs on the Environment, Food and Rural Affairs Committee earlier, Ms Shaw said: "We want to achieve a thriving Yorkshire, which is doing the right thing for our customers and for the environment. "We know we are not doing that at the moment."She admitted the company's performance was "not good enough"."The public is obviously dissatisfied and rightly so," she this month, Yorkshire Water apologised after a leaking pipe resulted in a road closure and left hundreds of properties in Goole without quizzed by MPs why the company only supplied bottled water to 44 of the 600 homes affected, Ms Shaw said they believed "there was still supply"."I think in retrospect that was the wrong decision," she added. Listen to highlights from Lincolnshire on BBC Sounds, watch the latest episode of Look North or tell us about a story you think we should be covering here.
