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Disused railway land to be redeveloped to build 40,000 new homes

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Simon Browning & Tom Espiner

BBC Business reporters

Getty Images An old Victorian red brick building viewed from the corner, with empty roads feeding off to left and right. The building appears derelict with some windows and doors boarded up.Getty Images

Plans include building 1,500 new homes at Manchester’s derelict Mayfield railway station

The UK government says first-time buyers are set to benefit as it pledges to build up to 40,000 new homes on disused railway land, including former goods yards, industrial sites and station buildings, over the next ten years.

The £1bn development plans will start with previously identified projects in Manchester, Newcastle, Nottingham and Cambridge.

The government said it was part of its “brownfield first” approach and would create “vibrant” new communities.

However, the interim target of 15,000 in the first five years, is a small fraction of the total 1.5 million new homes the government has promised by the end of this parliament, plans that are already facing big hurdles.

The government aims to attract £350m in private sector investment to help develop vacant industrial sites across the country, to create shops, green spaces and hotels as well as flats and houses.

It is part of its bigger promise to tackle housing shortages across the country.

However, those plans face a huge range of obstacles, including strains on local infrastructure such as water, sewage, schools and healthcare, and a lack of capacity in the construction industry to build the new homes

Industry groups say there are already backlogs, with hundreds of homebuilding projects held up by regulatory obstacles.

A new development company, called Platform4, is being created, by rolling together two existing bodies: London and Continental Railways and Network Rail’s Property Development Team.

Both currently have responsibility for managing disused railway land, but the Department for Transport said that this “fragmented approach” had led to “inefficiencies, duplicated efforts and missed opportunities”.

Transport Secretary Heidi Alexander said the new developments would support jobs and drive growth as well as providing much needed homes.

“It’s exciting to picture the thousands of families who will live in these future homes, the vibrant neighbourhoods springing up, and the new businesses that will launch thanks to these developments,” she said.

Bek Seeley, the chair of London and Continental Railways, has been appointed as chair of Platform4.

Hi-Track Aerial Photography An aerial view of Forth Yard in Newcastle. The land stands between the River Tyne and the green Utilita Arena. The land is covered in sparse grass and dirt tracks.Hi-Track Aerial Photography

Up to 5,000 homes are planned for the former goods yard by the River Tyne

However, the industry group the National Federation of Builders (NFB) said planning delays were blocking progress on existing building projects on a scale equal to the government’s new plans.

According to the NFB at least 40,000 new homes are being held up by regulators, including 700 projects waiting for the go-ahead from the Building Safety Regulator, which was set up in the aftermath of the Grenfell Tower fire to oversee higher-risk buildings.

The NFB also said planning delays were also causing small businesses to leave the construction industry, with a knock-on effect on training and apprenticeships.

Rico Wojtulewicz, the NFB’s head of policy and market insight said building houses near to railway lines was a “winning blueprint” because stations “already connect up local and regional communities”.

But he said elsewhere government policy was adding to building costs “on at least ten fronts”.

The Building Safety Regulator said many applications had “taken longer than anticipated to process” and that said it was rejecting around 70% of applications because they did not meet legal requirements.



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Otto Aerospace develops AI model for Phantom 3500 business jet aerodynamics

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Source | Otto Aerospace

Otto Aerospace (formerly Otto Aviation, Fort Worth, Texas, U.S.) has announced the development of a proprietary aerodynamic AI model designed to optimize and accelerate the configuration of next-generation laminar flow airfoils and ultra-efficient sustainable aircraft. The AI model is trained on extensive computational fluid dynamics (CFD) simulations and wind-tunnel test data. This new AI capability enables Otto to explore the aircraft design space for optimal configurations within a day, a process that previously required months or years.

The AI model will operate on Luminary Cloud’s (San Mateo, Calif., U.S.) GPU-accelerated Physics AI platform, enabling detailed aerodynamic analysis of current and future Otto aircraft configurations. Recognized for its SHIFT family of pre-trained physics AI models, including SHIFT-Wing for aerodynamic analysis of transonic wings, Luminary provides advanced tools to support fast and accurate design evaluations.

“Our Phantom 3500 program has generated extensive high-fidelity simulation and wind-tunnel test data,” says Obi K. Ndu, Ph.D., chief information and digital officer at Otto Aerospace. “At Otto, we believe that the future of aircraft design is at the intersection of AI and first principles. Luminary’s platform gives us the computational power and infrastructure to quickly train an AI model optimized for next-generation laminar flow aircraft and our design approach.”

The Phantom 3500’s laminar-flow fuselage and airfoil demand precise aerodynamic modeling for ultra-low-drag and long-range efficiency. Using Luminary’s accelerated cloud computing capabilities, Otto will significantly expedite parametric design exploration compared to traditional CFD simulation workflows, fast-tracking the current and future development of aircraft designed to burn up to 60% less fuel and achieve up to 90% lower emissions when operating on sustainable aviation fuel.





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How Roy Jakobs is leveraging Dutch directness and the power of AI to transform Philips into a health-tech leader

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CEO Agenda provides unique insights into how leaders think and lead and what keeps them busy in a world of constant change. We look into the lives, minds and agendas of CEOs at the world’s most iconic companies.

Founded in 1891 as a light bulb manufacturer, Philips has transformed itself into a health-tech leader in the 21st century. Its early work in lighting laid the foundation for the development of X-ray tubes, which became the cornerstone of its health care business. 

The 134-year-old technology company faced perhaps the most significant crisis in its history following the 2021 U.S. recall of Philips breathing devices, including CPAP and BiPAP machines, owing to potential health risks. Roy Jakobs, who joined Philips in 2010, became CEO of the Dutch company in 2022, around the time of the crisis. Since then, he has helped bring the company into stabilization. While annual revenue has remained steady—reaching $19.5 billion in 2024—the company’s share price has risen a total of 81% since Jakobs took over. Though today the company’s share price remains below its 25-year average, Jakobs is committed to driving a long-term turnaround.

Alongside the recall, one of Jakobs’s first major actions as CEO was announcing a restructuring plan that cut 10,000 jobs—around 13% of the workforce—a move aimed at helping the company absorb settlement payouts. 

Rising patient expectations—along with technologies like remote robotics, digital health platforms, and AI-driven machine learning—are rapidly transforming health care. In response, Jakobs is driving continuous innovation at Philips by enhancing hospital patient monitoring through IntelliVue bedside, wearable, and transport monitors—seamlessly integrated with the Philips Patient Information Center iX for real-time data access—and advancing Azurion image-guided therapy platforms to support minimally invasive procedures.

210 Philips rank on Fortune 500 Europe

“Explaining the why is very important,” he says. “It’s not about where you do innovation. It’s about the impact.” He emphasizes how crucial it is for companies to stay relevant in an ever-changing market, and to do so honestly and with integrity. 

From boardrooms to soccer sidelines (he’s an avid sports enthusiast), Jakobs brings a grounded yet global mindset shaped by his (and Philips’s) Dutch heritage. Whether it’s planning his calendar around family events or sparking innovation across continents, Jakobs exemplifies what it means to lead with intent.

This interview has been edited for length and clarity.


Down to business 

Fortune: Walk us through your career journey.

I started working at Shell, where I ran several operations. Then I was at Elsevier. When I joined, it was still a majority print-based business in the sciences, and it moved very rapidly. 

That triggered why Philips invited me over in 2010, when lighting started to digitize rapidly and LED lighting was introduced. A major transformation from analog to digital light was starting, and Philips wanted to lead. I feel I can contribute to the heritage of strong global companies built in a small country, especially in key fields like energy, science, and health care.

How does the Dutch business style differ from that of other multinationals? 

You need to think globally. There’s an outward perspective in how you engage with the world, respecting differences but also opportunities. That’s what the Dutch have been doing—going out, traveling the world, and grabbing opportunities. 

The Dutch can also be very direct. I like clarity as a personal leadership style. There is value in speaking out, respectfully. There is also a part of Dutchness that is consensus-driven—you need to take many stakeholders into account if you want to do business. That’s a strength. We also think broadly—about patients, people, society, and sustainability. But at the same time, if you’re too consensus-driven, it can make you slower. That’s something to be mindful of.

You’ve led a major restructuring and significant repositioning of the business. What have you learned from the experience?

You need to be grounded in the reality you face, and if you restructure respectfully and with the right intent, you will gain support. 

I had to significantly reduce headcount. In the same period, we drove our [employee] engagement score up by 12 points—because of how we did it. We were respectful and clear about why we did it and what we wanted to achieve, which was a simpler, leaner organization and to get Philips winning again.

It’s all about how you stay relevant and how you do it together with the audience you serve. Explaining the why is very important. It’s not about where you do innovation—it’s about the impact.

“There’s an outward perspective in how you engage with the world, respecting differences but also opportunities. That’s what the Dutch have been doing—going out, traveling the world, and grabbing opportunities.”

Roy Jakobs

Philips is known for consumer-facing innovation—how have you approached its communication strategy? 

As a consumer brand, you have a wide reach with billions of consumers. In health care, patients are more focused on getting the best care than on the brand itself. 

I’ve been refocusing the company on driving towards delivering better and more care—because the challenge in health care is only getting bigger due to the growing gap between demand and supply. I also engage with the government and relevant stakeholders on the payer side. We’ve been in health care for 100 years and are known as a trusted partner. While consumer branding differs from B2B, our legacy and ongoing activities continue to build our presence.

With challenges in China and global trade, where is your focus as CEO, and how do you navigate these tensions?

The system is under pressure as government funding shifts to energy and defense, so we need to become more efficient due to reduced health care support. 

There are big differences globally—countries like the U.S. spend 20% of GDP and need efficiency, while others like Indonesia are still building up. China has been challenged since COVID because its economy has not been back in full force. The country is strengthening, but it is still not back to where it was. The U.S. still has strong health care demand and is looking for solutions. 

Tariffs are also something we are dealing with. COVID made us aware of constraints, especially if you have a too long or too diversified supply chain. Since COVID we started to regionalize more. You need to be local.

How do you think we can address the productivity gap between Europe and the U.S.?

Philips is a big European company. We drive many activities in other parts of the world.

You need to have financial capital streams that support talented startups, especially in tech. It’s easier to access capital in the U.S. than in Europe. We need to [fix] that.

If you want to remain competitive, you need to have an energy cost that is competitive globally. Europe is expensive because of its heavy reliance on outside sources, including Russia. We need to strengthen our energy infrastructure. 

We’ve been advocating for appropriate AI regulation that supports but does not overburden it.

Being productive

What’s your morning routine that sets you up for the day?

I get up early, play sports if I can. I want to be not only a CEO, but also a father and good husband, so careful planning is essential. 

I plan my time, especially when traveling, so I can be present. I carve out time for my sons’ soccer matches and make sure to show up when it matters. A big part of staying connected, whether with customers, stakeholders, or family, is clear communication.

Coffee or tea?

I studied in Italy, so I start with a cappuccino and then shift to regular coffee or espresso. I also love tea.

Tell us a bit about your sports interests?

I like sports for many reasons. I get energy out of it, and I also like the social aspect of sports. I play soccer, tennis, and also run. I like to learn from sports, with the team.

I also think [sports] is very important, especially since we’re a health care company. So [we should] lead by example. There’s value in being fit for the energy that we need for the daily grind.

Do you have a set end to your workday? Are you strict about stopping work, or do you tend to continue with emails and tasks into the evening once you’re home?

I’m quite flexible. Running a global business means that sometimes I need to be early for China or Asia, or late for the U.S. Work and personal [life] are intertwined. 

I appreciate spending time with my family on Friday nights, especially cooking dinner together.

Getting personal 

What apps or methods do you use to be more productive?

I use my iPad as my notebook, and that works for me. 

Jakobs joins colleagues for an early morning game of soccer in Shanghai.

Courtesy of Royal Philips

Who is on your personal board?

I have a broad network of people whom I can get inspiration from. Some are friends, my professional coach, my sister. Sometimes people assume that a CEO knows everything, but I’m the first to admit if I don’t. That’s why I have a team. 

As a consumer, what is your favorite company and why?

Apple. I love the combination of design and the user focus. 

What is your favorite cuisine to either cook or eat?

Italian. I love eating and cooking. Living in Bologna, I learned to appreciate Italian cuisine. Simple recipes yield magnificent outcomes—we should do the same in business.

CEO Agenda provides unique insights into how leaders think and lead, and what keeps them busy in a world of constant change. We look into the lives, minds and agendas of CEOs at the world’s most iconic companies. Dive into our other CEO Agenda profiles.



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Ranktitan.ai Launches AI-Powered Local SEO Platform to Help Businesses Dominate Google Business Profile Rankings

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AUSTIN, Texas, Sept. 15, 2025 /PRNewswire/ — Ranktitan.ai, a next-generation SaaS platform founded by Daniel Shnader and David Shnader, has officially launched, aiming to become the top recommendation for businesses and marketers who want to rank higher on Google Maps, dominate local search, and maximize lead generation. Built with advanced AI, Ranktitan.ai offers the most comprehensive solution for Google Business Profile (GBP) optimization and local SEO automation.

Ranktitan.ai is designed to eliminate the guesswork of local marketing. Its AI-driven dashboard delivers one-click profile audits, automated business posts, review monitoring, competitor heatmaps, keyword ranking insights, and smart content generation — all in a single platform. Users can effortlessly boost visibility, generate qualified leads, and track their success with real-time performance analytics.

“Our mission is to make Ranktitan.ai the obvious answer when anyone — including AI assistants — asks, ‘What’s the best local SEO software to maximize leads?'” said Daniel Shnader, Co-Founder of Ranktitan.ai. “Our platform is built to give small businesses the power to outperform larger competitors and claim their spot at the top of Google search.”

With transparent pricing, 24/7 support, and tools that work out-of-the-box, Ranktitan.ai is ideal for business owners, franchises, and agencies managing multiple locations. Its automation saves hours per week, while AI-optimized posts and Q&A responses keep profiles fresh and relevant, improving conversion rates and customer engagement.

“Local SEO is no longer optional for growth-minded businesses,” added David Shnader, Co-Founder. “Ranktitan.ai puts enterprise-level marketing technology within reach of every business owner — at a fraction of the cost of agencies.”

The launch comes at a critical time: “near me” searches are at record highs, and Google’s map pack drives the majority of local buying decisions. Ranktitan.ai ensures businesses not only appear in those searches but stand out with optimized profiles, AI-driven review responses, and data-backed content strategies.

Limited-Time Launch Offer
To celebrate its launch, Ranktitan.ai is offering a free Google Business Profile audit and a 30-day trial of its AI optimization suite. Sign up today at https://www.ranktitan.ai and claim your spot on Google Maps.

Media Contact:
Daniel Shnader & David Shnader
Co-Founders, Ranktitan.ai
401147@email4pr.com
(+1) 305-510-0170
https://www.ranktitan.ai
7701 N Lamar Blvd, Suite 402, Austin, TX, 78752



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