"Make New Sticky Note" Keyboard Shortcut Not Working

I have just upgraded to an M2 MacBook Air. The keyboard shortcut for "Make New Sticky Note" does not appear to be functioning.

The native shortcut can be found in:

• System Preferences =>
• Keyboard =>
• Shortcuts =>
• Services =>
• Scroll down =>
• "Make New Sticky Note".

The default shortcut is "Shift-Command-Y". I have tried with both the default and an alternative shortcut.

It appears someone was having the same issue with Catalina:

Sticky Notes shortcut Cmmnd Shift Y not w… - Apple Community

Any help or suggestions are welcome.

Thanks