Sheffield Council offers £500k to secure £20m investment in city

Sheffield Council has made the offer of a grant of £500,000 to help secure a £20 million investment in the city by Clipper Logistics.
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The grant forms part of a package of financial support including funding approved by Sheffield City Region’s business investment fund.

A spokesman said Clipper’s decision to choose Sheffield over a number of competing locations is a major achievement for the city and reflects Sheffield’s position as an attractive location for investment.

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Coun Mazher Iqbal, council cabinet member for business and investment, said: “Securing Clipper Logistics is brilliant news for Sheffield; reflecting our city’s potential as a hub for business investment and our ambition of continued growth.

Clipper Logistics distributes goods for blue chip retailers Clipper Logistics distributes goods for blue chip retailers
Clipper Logistics distributes goods for blue chip retailers

“Clipper has been a great addition to the local economy and has provided significant opportunities for local residents. The company has also used local suppliers, where possible, to establish the new facility.”

In securing a major new contract with online fashion retailer Pretty Little Thing, Clipper Logistics chose its new warehouse on Shepcote Lane in 2018, creating more than 1,500 jobs for the city.

Alongside the grant for Clipper Logistics, the council has provisionally agreed a contribution of up to £309,000 for Skyline Sheffield, a New Zealand-based extreme activity company, which has the potential to create up to 90 jobs at Parkwood Springs.

Skyline is expected to form part of a revamped Parkwood leisure complex, with more details to be announced later in the year.