The prosperity of Leeds’ economy has been well documented in recent years. We’ve got a thriving manufacturing sector, a world class banking district and we’re home to some of the UK’s biggest businesses. Indeed, Leeds has economy that’s bigger than nine European counties, growing by over 40% in the last decade. That growth has been fuelled by a number of factors, but none more than a strong digital infrastructure.

Time, however, waits for no cable and as the years have worn on Leeds’ digital infrastructure had fallen behind the pace somewhat. It’s largely run on ADSL 2+ and Fibre to the Cabinet (FTTC), which is far from best in class. Those have been the two options offered to small and medium sized businesses, however both featured limited bandwidth. More expensive options included Line of Sight Broadband or Fixed Wireless Broadband, but they too had their downsides like a required line of sight to the satellite.

Now, Leeds has seen the rollout of the pure fibre network, which offers an essential resource to the city by way of fast, scalable and easily accessed high-speed broadband. But how is this going to boost our economy?

It will support growing and existing tech businesses.

Leeds is known for a lot of things, but it has yet to crack the code required to become a hub of digital innovation. Sky are opening a new digital home here, but for smaller enterprises, we’ve simply not done enough. With scalable gigabit speed broadband, young, bandwidth hungry technology businesses can continue to grow without having to leave the city.

This state of the art pure fibre network will mean that the city is future-proofed and can offer businesses the best connectivity services of anywhere in the country, ensuring that Leeds’ digital and tech sectors are supported for the decades ahead.

Existing sectors will benefit too.

Banking has become increasingly high-tech over the last decade, with trades now taking place in milliseconds in order to better extract profits from the market. With a strong digital infrastructure, banking in Leeds can continue to contribute to the local economy. That’s not all though, because the legal, financial and FinTech sectors will all see the benefit of this rollout.

All businesses will benefit from ultra-fast broadband as they make use of new ways of working like telecommuting and making cloud storage options both cheaper and more viable for their businesses.

It’s going to be a huge boost to the local economy.

Big things are coming for Leeds in the near future. With HS3 due to connect the core cities and a new shopping complex to increase tourist traffic, the economy is safeguarded for years to come. High speed internet, however, is suggested to contribute significant growth to the Leeds’ economy, with some predictions suggesting it’ll be boosted by 30% by 2021, helping Leeds to be worth £2 billion annually.

Brought to you by Walsh Taylor, Leeds Insolvency Practitioners

Mary Taylor
Director

Mary began working in insolvency for a national accountancy practice in Glasgow thirty years ago and worked in most divisions of the insolvency department.

She then moved to a smaller firm so she could advance her knowledge on a more hands on basis. She moved back to Leeds in 1987 and commenced working with a small firm of accountants and subsequently made partner.

She left in 1999 to set up her own practice, McCann Taylor.
McCann Taylor became involved with the consumer market both in England and Scotland.

Mary sold McCann Taylor in March 2007 and formed Walsh Taylor to concentrate on helping businesses experiencing financial difficulties.

Kate Ellis (neé Breese)
Insolvency Practitioner

Kate has worked in insolvency since 2001 starting out at a firm of solicitors in Leeds and latterly gaining positions within two national accountancy firms.

During this time Kate gained extensive experience in all aspects of personal and corporate insolvency, for the first part of her career specializing in personal insolvency and latterly corporate.

Kate has been with Walsh Taylor since its incorporation in September 2008.

Kate is CPI and JIEB qualified, is experienced in a variety of industries and sectors and is the firm’s joint appointment taker.

Meg Heath
Director

Meg has a background in supporting SMEs, including the raising of finance and advising on organisational change. She is a non-executive director of companies in the private and third sector, including Walsh Taylor.

Previously she was Deputy Fund Director of one of the largest CDFIs in the UK, and has experience of the social enterprise, charity and private sectors. Her experience of assisting companies to survive and thrive has been gained across a broad range of sectors and in companies of all sizes.

In addition to her work at Walsh Taylor she works for other private companies, including non-executive and trustee positions.

Emma Mifsud
Insolvency Practitioner

After graduating from Leeds University in 2005 with a BA Hons degree in Criminology, Emma worked for a regional law firm in both the property department and insolvency and banking department. Whilst doing so Emma gained a Graduate Diploma in Law at BPP University.

Emma then joined a national accountancy firm in 2009 gaining experience in personal insolvency before moving to a Leeds based firm. At this firm Emma specialised in bankruptcies, IVA’s and negotiating informal agreements with creditors. In 2013 Emma gained her CPI qualification.

Since joining the firm in December 2013, Emma has taken on a portfolio of personal and corporate insolvency cases to extend her knowledge and expertise in all areas of insolvency.

In December 2017 Emma become a licensed appointment taker under the Insolvency Practitioners Association, she is JIEB qualified.

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