DAVID WORTHINGTON Making business brands count
Full inter view - Page 3
MARK DALTON HSE sounds fire alarm Column - Page 5
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KIRKLEES BUSINESS NEWS The business NEWSpaper for Kirklees
Company cutting it with the jet set A COMPANY supplying cutting tools is helping the latest fighter jet take to the skies. N ow B r i g h o u s e - b a s e d B r u n sw i c k To o l i n g h a s achieved success in the BAE Systems Chairman’s Awards for its work providing precision reamers for the F-35 Lightning II. The company was one of 28 firms to win one of the top awards, which were presented by explorer Sir Ranulph Fiennes at a ceremony at Heathrow Airport. The annual competition attracted more than 3,500 e n t r i e s a c ro s s t h e U K , Europe, the Middle East and Australia. Brunswick won silver in conjunction with BAE Systems and the integrated manufacturing services team at Salmesbury, where components for the F-35 are made. Roy Gledhill, design engineer at Brunswick, said the company was approached by BAE Systems more than a year ago with the challenge of
■ AIR CREW: Brunswick Tooling managing director Paul Briggs (left) with machine programme operator Andy Bell (centre) and design engineer Roy Gledhill showing some of the tools made for BAE Systems and the F-35 (far left)
producing specialist reamers for use in the production of large bores of up to three inches in diameter on the F-35
machined Titanium frames. Said Mr Gledhill: “BAE Systems had been to a few other major companies, but
no one else came up to scratch. Now they came to us. “We did a lot of research and development and we undertook a lot of trials to find a way to ensure the parts could be made more quickly and 100% right first time, every time.” The team’s efforts reduced the time for producing each bore from three days by manual conventional effort to five minutes of reaming by integrating it in to the computer-controlled manufacturer of the parts. The innovation has eliminated all manual operations and is now fully automated – help-
ing BAE Systems to its target of being able to manufacture one F-35 a day. “We have saved them a lot of money and time,” said Mr Gledhill. “Potentially, this contract could lead to business with BAE Systems around the world. We have already supplied reamers for the comp a ny t o m a ke - 3 5 s i n Australia.” Brunswick, based at Birds Royd Lane, supplies cutting tools to the general engineering, automotive, aerospace and defence industries and to overseas markets including Europe and the USA.
Paxman keeps its cool on the export trail
■ EXPORTS: Richard Paxman is all set for the next major trade show
A COMPANY providing equipment to help reduce hair loss in cancer patients is hitting the export trail. Paxman Ltd, based at Fenay Bridge, will be exhibiting at MEDICA, the largest medical technologies trade show in the world. The move will promote Paxman’s scalp cooling systems to a worldwide audience. The four-day event, which gets under way tomorrow in Dusseldorf, Germany, is expected to attract more than 137,000 visitors. Paxman Ltd will feature at the Yorks h i re Pav i l i o n , wh i c h i s r u n by Leeds-based Medilink Yorkshire & Hum-
ber – an organisation dedicated to expanding the region’s healthcare technologies sector on behalf of regional development agency Yorkshire Forward and the government’s export support arm UKTI. Paxman Ltd produces scalp cooling equipment to reduce the risk of hair loss for patients undergoing chemotherapy – helping to improve their self-confidence and enabling them to retain their dignity. The company will feature its new generation of hair loss prevention systems, Orbis I and II. Orbis I provides cooling for a single patient and is suitable for a small chemo-
therapy suite or private bed, while Orbis II provides cooling for one or two patients simultaneously with each cap working independently. Paxman will use MEDICA to speak to current and potential distributors across the globe. Operations director Richard Paxman said: “Preserving self-esteem during chemotherapy leads to a more positive attitude to treatment and gives patients a rare light in a dark time of their lives. “We’re passionate about providing help to patients around the world and hope Medica will allow us to offer the solution to thousands more patient’s worldwide.”
INSIDE Back to the future THE chief executive of occupational health company PROHMS has returned to her career roots. Her firm has opened its new headquarters and a health academy in the former premises of motor manufacturer Brook Crompton at Longroyd Bridge. Sandra Babbings worked there 20 years ago looking after the health of the workforce. And her time there made such an impression on Sandra that she decided to make occupation health her career.
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Express delivery LOGISTICS company The Pink Link has taken delivery of an industry award. The Netherton firm has been recognised for high standards of customer service by Palletways, Europe’s market leader in the express distribution of small consignments of palletised freight.
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KIRKLEES BUSINESS NEWS
Pricing policy pays off for wine retailer MAJESTIC Wine said half-year profits surged by a fifth as it continues to reap the rewards of a decision to slash its minimum order. The group reported a 20% rise in pre-tax profits to £7.3m in the six months to September 27 after a move last September’s to cut the minimum order from 12 bottles to six. Majestic, which has a store at Queensgate in Huddersfield, also revealed a robust performance in its French business after major supermarkets pulled out of Calais due to fewer Britons going on “booze cruises”. French arm Wine and Beer World, which has two stores in Calais and one in Cherbourg, increased sales by 22.9% on a constant currency basis. Sainsbury’s and Tesco both shut
stores in Calais over the past year. The weakness of the pound and an increase in alcohol promotions in UK supermarkets led to a reduction in the number of people taking booze cruises to Calais to stock up on beer and wine. Majestic’s overall group sales rose by 1 0 . 2 % t o £ 1 1 7 . 6 m i n t h e half-year. Despite reducing the minimum order in September, the average transaction only fell by 7.2% to £122. Like-for-like sales rose by 7.6%. Sales through Wine and Beer World were boosted by the launch of a guarantee that its wine prices were at least £2 per bottle cheaper than in its UK stores. The French stores recorded underlying earnings of £574,000 for the
half-year – more than three times the £187,000 profits it clocked up in the same period the previous year. The number of customers visiting Majestic in the UK and France in the last half-year increased by 14% to 496,000. The chain said sales of still fine wine, priced at £20 per bottle or above, increased by 20.2% and now represent 5% of its sales through its stores. The company has introduced fine wine display areas into 96 of its stores and is rolling these out to the rest of its 160 UK stores. Majestic said it also aims to increase the number of its stores to 250 after opening eight outlets in the past eight months.
■ CHEERS: Majestic Wine has reported a 14% increase in customer numbers
BHP abandons £24bn bid offer
Sportingbet gets talking
MINING giant BHP Billiton is facing a £218m hit on its failed bid for PotashCorp after the deal was blocked by the Canadian government. The London-listed group withdrew its £24bn offer for the world’s biggest fertiliser company, saying it could not meet Canada’s stringent demands. BHP said the gover nment’s requirements would have “conflicted with BHP Billiton’s business strategy and been counter to creating shareholder value”. It said the costs incurred in its bid would be taken as an exceptional item in next month’s interim accounts.
ONLINE bookmaker Sportingbet confirmed talks with “different parties” following reports the group is considering merging with Swedish rival Unibet. The companies are understood to have held preliminary discussions about combining to create a £600m group, with further talks expected in coming weeks. Responding to media speculation, Sportingbet said that it “has had and will continue to have discussions with different parties in relation to a variety of potential opportunities”.The statement did not rrefer to Unibet specifically.
BHP, which employs 41,000 people and has operations in 25 countries, launched a hostile bid for Canada’s Potash in August after directors of the company refused to back its offer. BHP wanted to snap up the group as it believes demand for agricultural fertiliser ingredients will rise as the developing world needs more meat and plants. The decision to abandon its bid for Potash marks the third major deal setback for chief executive Marius Kloppers – after a failure to buy Rio Tinto in 2008 and the decision to abandon plans for a joint venture with the same firm last month.
And it added: “There can be no certainty as to whether or not such discussions will result in any form of transaction.” Shares in Sportingbet climbed 5% following the statement yesterday. But any announcement on the merger is reportedly not expected until next year, with more talks said to be needed before a deal can be sealed. In September, Sportingbet agreed a £22.8m settlement with the US Department of Justice over an investigation into alleged illegal internet gambling, which analysts claimed cleared the way for potential mergers or takeovers.
Page 2 Mortgage drought HOUSEBUILDER Persimmon has failed to see the traditional autumn pick-up in business as a shortage of mortgages hits Britain’s property market. The group said it had not experienced the normal increase in visitor levels and reservations in recent months– although weekly sales did increase gradually in September. Persimmon – the UK’s second biggest housebuilder – joined rivals in warning that a dearth of mortgages, particularly to first time buyers, was a “major obstacle” for customers. Persimmon’s trading update comes on the same day that property website Rightmove said sellers had dropped asking prices by 3.2% in November – the biggest monthly drop in asking prices in nearly three years. Persimmon said it remained on course to increase sales by 10% this year and expects to complete sales of all of the 9,400 homes it will finish building in 2010.
Milk price takes toll DAIRY business Robert Wiseman reported a 35% fall in profits to £20.2m for the six months to October 2. The Glasgow-based group said higher sales were offset by rising costs and moves to slash prices to compete with rivals.
SHARE PRICES NORTH AMERICAN American Express £26.69 +0.11 Gannett 791.68 +3.11 Hess Corp £43.46 -0.14 Microsoft 1639.39 +4.36 Motors Liquidation 46.68 Wal-Mart Stores £33.73 +0.04 AEROSPACE & DEFENCE Avon Rbbr 170 -1/2 BAE Systems 3521/2 +2 Rolls-Royce Gp 597 -14 AIM Brady Plc 61 Dawson Intl 13/4 -1/8 Man Brnze 601/2 AUTOMOBILES & PARTS GKN 180 +41/8 BANKS Barclays 2821/2 +2 HSBC 6813/4 +2 Lloyds Banking Gp 697/8 +1/4 Ryl Scotland 423/8 +3/8 Stan Chart 19011/2 +71/2 BEVERAGES Diageo 1168 +15 SABMiller £201/4 +1/8 CHEMICALS Croda 1412 -11 Elementis 98 1141/2 -11/2 Johnsn Mat 1908 +6 CONSTRUCTION & MATERIALS Balfour Beatty 2843/4 -25/8 Costain 223 +3 ELECTRICITY
Drax Gp 3681/2 +27/8 Intl Power 4201/2 -4 Scottish & Sthrn 1164 +3 Energy ELECTRONIC & ELECTRICAL EQUIPMENT Laird 1353/4 -1/2 EQUITY INVESTMENT INSTRUMENTS Alliance Trust 361 +23/8 FIXED LINE TELECOM SERVICES BT Grp 1691/4 +1 +3/8 Cable & Wireless 491/2 Comm Cable & Wireless 691/8 +1/2 Wwide Colt Group 1191/2 KCOM 51 +2 +33/8 Talktalk Telecom 1441/8 FOOD & DRUG RETAILERS Morrison W 2781/2 +11/4 Sainsbury 379 +4 5 Tesco 422 /8 +4 FOOD PRODUCERS AB Food 1094 +7 Nth Foods 451/2 Tate Lyle 520 -41/2 Unilever 1853 +8 3 Uniq 7 /8 GAS, WATER & MULTIUTILITIES Centrica 3373/4 -21/2 National Grid 590 +21/2 1 Pennon Grp 636 /2 +5 Severn 1459 +15 United Utils 627 -11/2 GENERAL FINANCIAL 3i Group 3193/8 -11/8
ICAP 4771/4 +73/4 London StockExch 7401/2 +51/2 Man Group 2933/4 +4 1 +15 Provident Financial 743 /2 Schroders 1619 +2 Schroders NV 1277 +4 GENERAL INDUSTRIALS Cooksn Grp 5391/2 -51/2 REXAM 311 +21/2 Smiths Grp 1195 +12 GENERAL RETAILERS 3 Ashley L 16 /4 -1/4 Carphone Whse 352 +5 Dixons Retail 261/4 Home Retail 2141/4 +17/8 Inchcape 3371/4 +91/8 5 Kingfisher 242 /8 +37/8 M&S 4037/8 +103/4 Mothercare 528 +31/2 Next £215/8 +1/8 WH Smith 466 +61/2 HEALTH CARE EQUIPMENT & SERVICES Smith Nph 5891/2 -41/2 HOUSEHOLD GOODS Aga Rangemaster 803/4 -41/4 Barrat Dev 767/8 -23/8 Persimmon 3571/4 -27/8 1 Reckitt Benckiser £35 /4 Taylor Wimpey 25 -1 INDUSTRIAL ENGINEERING Charter 7151/2 +3 IMI 841 +15 INDUSTRIAL METALS Ferrexpo 3923/4 +135/8 INDUSTRIAL TRANSPORTATION
BBA Aviation 1991/4 Forth Ports 1295 LIFE INSURANCE Aviva 4033/4 Lgl & Gen 993/8 Old Mutual 1311/8 Prudential 623 Resolution 2495/8 Standard Life 2257/8 MEDIA BSkyB 729 Chrysalis 1601/4 D Mail Tst 565 ITV 71 Johnston Press 103/4 Pearson 949 Reed Elsevier 5361/2 STV Group 943/4 Trinity Mirror 851/4 Utd Business 6661/2 UTV 1403/4 WPP 7341/2 Yell Group 111/8 MINING Anglo American £303/8 Antofagasta 1438 BHP Billiton £24 Eurasian Natural 9641/2 Res Fresnillo 1453 Kazakhmys 1514 Lonmin 1838 Rio Tinto £431/4 VEDANTA £223/4 RESOURCES Xstrata 1382 MOBILE TELECOM SERVICES
-12 +21/8 -3/4 +3/8 -11/2 +27/8 +1/8 +1 +11/4 +9 +11/4 -1/4 +1 +3/4 -11/2 +4 +1/4 -1 +3/8 +1/4 +6 +3/8 -11/2 +3 +16 +71 +1/8 +1/8 +11/2
Local shares Carclo Chapelthorpe Marshalls National Grid Weir Gp
203 231/2 107 590 1706
FTSE closed at
5820.41 Up 23.54
Inmarsat 672 Vodafone Group 174 NONLIFE INSURANCE Admiral Grp 1582 RSA Insurance Gp 1267/8 OIL & GAS PRODUCERS BG 12561/2 BP 4483/4 Cairn Energy 379 Royal Dutch Shell A £201/2 Royal Dutch Shell B £201/8 Total £333/4 Tullow Oil 1253 OIL EQUIPMENT & SERVICES AMEC 1112
-4 +1/8 +20 -1/8 +21/2 +23/4 +21/8 +1/8 +1/4 +17 +18
Petrofac 1529 +36 Wood Group 4783/4 +161/8 PERSONAL GOODS Burberry Gp 1020 +16 PHARMACEUTICALS & BIOTECHNOLOGY Astrazeneca £301/8 -1/4 Axis-Shield 258 +3 GlaxoSmithK XD 1 Shire 1520 +4 REAL ESTATE Brit Land 507 +4 Captl Shop Cent 3841/2 +15/8 DTZ Hldgs 42 -2 Hamrsn 419 +27/8 1 Land Secs 696 /2 +51/2 SEGRO 3021/4 +51/4 SOFTWARE ETC SERVICES Autonomy Corp 1409 +20 Dimension Data 1201/4 +1/4 Invensys 3477/8 +291/8 1 Logica 126 /4 -1/8 Misys 2941/2 +43/8 Sage Group 2651/4 +11/4 SUPPORT SERVICES Bunzl 724 +8 +6 Capita 7311/2 Davis Service 4043/4 -21/8 Group De La Rue 6281/2 -2 Electrocomp 265 +51/4 1 Experian 719 /2 +2 G4S 2511/4 +31/4 Hays 1097/8 Homeserve 4133/4 +53/4 Menzies J 508 -2 Rentokil 951/2 +1 Smiths News 1081/2 +1/4
IT HARDWARE ARM Hldgs Psion Spirent Comms
3515/8 931/2 1501/4
-21/4 -1/2 +1/8
TOBACCO Br Am Tob Imperial Tobacco
LEISURE & HOTELS Brit Airways Carnival Compass Grp easyJet Enterprise Inns FirstGroup Go-Ahead Gp Greene King Intercontl Htls Ladbrokes Mitchells & Butlers Natl Express PartyGaming Rank Org Stagecoach Group TUI Travel Whitbread
2703/8 £263/4 5401/2 4721/8 1095/8 3881/2 1261 4463/4 1103 1343/8 3431/2 2401/8 225 1273/4 206 2023/4 1734
+5 -1/8 -11/2 +61/8 -11/4 +21/8 -10 +35/8 +4 +3/4 +61/4 -11/4 +117/8 +3/4 -31/4 -1 -11
TOURIST RATES Tourists going abroad can expect the following rates for sterling: Australia...................... 1.55 dollars Bangladesh................. 106.66 taka Brazil.............................. 2.47 reals Canada....................... 1.55 dollars China ............................. 9.55 yuan Czech Republic ...... 26.64 korunas Denmark....................... 8.35 krone Euro............................... 1.12 euro Hong Kong................ 11.83 dollars Hungary................... 291.82 forints India.......................... 63.96 rupees Japan........................... 126.80 yen Mexico ....................... 17.68 pesos New Zealand .............. 1.94 dollars Norway ......................... 9.18 krone Pakistan.................. 129.48 rupees Philippines ................. 60.24 pesos South Africa................. 10.50 rand South Korea.............. 1586.00 won Sri Lanka ................ 169.43 rupees Sweden....................... 10.58 krona Switzerland.................. 1.51 francs Taiwan ...................... 42.51 dollars Turkey....................... 2.18 new lira USA ............................ 1.54 dollars
KIRKLEES BUSINESS NEWS THERE’S one number that is especially significant for David Worthington. At the age of 10, growing up in Liverpool, young David won a prize for his painting of a lifeboat in a competition run with the RNLI. The prize was presented by Huddersfield’s Harold Wilson, who was MP for Huyton and spent two terms as Prime Minister at 10 Downing Street. “When I was 10 I used to paint pictures and draw all the time,” says David. “Art provided the entry point into my career and my job now as managing director of 10 Associates. “After leaving school, I went to St Helen’s Art College, which was fabulous. I remember being impressed because Paul Rutherford, of Frankie Goes to Hollywood, had gone there. “I did fine art, pottery and ceramics and graphic design, which was great because you covered all the disciplines and found out which you were best at.” David completed his studies and walked straight into his first job. Says David: “I was senior He recalls: “I was being designer and account presented with my HND in executive at ADM while Jill, design on the Friday and who regularly won design started work at £60 a week awards, was creative director for Whittaker Wright and Linda was studio Associates the following manager. We made a good Monday. team combining sales, “I remember working on projects such as designing a design and artwork.” All three moved to another brochure for abattoir equipment – so it was hardly company, Bluedoor, based in glamorous!” Heckmondwike, but after However, David soon felt three years decided their he had been chosen for destiny lay in working for greater things. themselves. He says: “One day, the “We decided we wanted to boss took me to one side set up our own business and said ‘I cannot really before we reached 35,” says afford to pay you more, but I David. Thus, 10 Associates cannot afford to lose you, so was born. I’m increasing your pay to The new company began £90 a week.’ in start-up accommodation at “It was only later I found the Media Centre. Says out he’d said the same to David: “It meant we could everyone on the staff and just ‘plug and play’. everyone was on £90 a “It was a great opportunity week.” for us to be in the town David’s next big break centre and close to the came with a move to station to get to Leeds and Yorkshire and the Manchester.” fast-growing Judith Donovan In 2007, the company Associates in Bradford. moved to its present address “I applied for a job as at Bradley Business Park, designer and they gave me where it now has a staff of a job as senior designer,” he eight. says. “It was a very big “We needed to move and organisation, which had created a big industry in direct mail and it was very successful.” Now living in Huddersfield, David went on to join Pillings Creative Communications in Elland, working on accounts including Yorkshire Bank, before being made redundant – just as he and his wife were raising a family. Suddenly, money was tight. He says: “We went shopping at Iceland and bought ‘Thrifty Mince’. I was definitely at a low point!” Fortunes changed when David landed a job at ADM, based at Dogley Mills, Fenay Bridge, and met two people destined to play a big part in his future – Jill Peel ■ FIGURED OUT: David and Linda Bottomley. Worthington, 10 Associates, Together, they would go on with his Binary Man sculpture to launch 10 Associates.
David figures in the top 10 ‘grow up’ as a business without having the Media Centre hold our hands,” says David. “We were in a start-up unit surrounded by people in their late teens and we were in our mid-30s.” Just how much they have grown up was brought home to the team when David and Jill were listed in the 2009 Who’s Who of Britain’s Business Elite. The company also set up Brandschool to offer businesses half-day or full-day courses explaining to them the principles of building a brand identity – and turning their products or services into household names. Brandschool uses a 10-point master plan as the curriculum to explain the key principles of branding – all without the buzzwords, jargon and hype that often get in the way of understanding and application. Delegates on the Brandschool course are set “homework” and David extends the classroom metaphor further by wearing a prefect badge. Although, in this case, the badge says “Perfect”. Says David: “Brandschool is for people who do not understand what branding means, who think it is just a logo. “But branding correctly will show a return on investment and adds to the bottom line. “It is about turning the business into the brand and making sure the brand runs through the business. “Brandschool aims to turn all of a company’s employees into brand advocates and empower them. “Once people buy into it, branding makes the business more successful.” He adds: “It is all about showing that everything is possible. “When you are 10 years old, anything is possible. “As you get older – in business as in life – you start
Page 3 David Worthington
saying there are things you cannot do. You need to get back to being 10.” Bradschool and 10 Associate’s way of working has helped re-energise companies including Black Cat Fireworks at Crosland Moor, Halifax-based online learning company Frog, interiors business Graham & Brown and online luxury giftware business Isabella Stafford – as well as organisations ranging from law firms and clothes shops to photography studios and funeral directors. The latest deal to take off involves 10 Associates working on the branding for Leeds-Bradford International Airport. Despite being as busy as ever, David still finds time for other interests. A keen supporter of Liverpool FC, he also enjoys holidays off the
beaten track, visiting Barbados, Goa and Gambia to sample the local culture. David also retains his fondness for the arts – visiting museums, going to the Lawrence Batley Theatre and collecting art work. His recent acquisitions include work by local artist Darren Baker. One recent purchase has been given pride of place in the company boardroom. Binary Man is the title of a life-size metal figure made up of the numbers 1 and 0. Together, of course, they can read as “10”. And that’s definitely been David’s lucky number.
Role: Managing director Age: 45 Holidays: Goa – it’s a fantastic place Car: Jaguar XK First job: Junior designer on £60 a week Best thing about job: Being in charge! If there’s something I don’t like, I can change it Worst thing about job: Having to get involved in everything – the good things and the bad things Business tip: Remember when you were 10 and how everything seemed possible? You have to get back into that zone
10 Associates Work: Brand and design Site: Bradley Employees: Eight Phone: 01484 543905 Email: hello@10 associates.co.uk Website: www.10 associates.co.uk
Time to address pensions problem EMPLOYERS across Kirklees have been urged to take action following a ruling that firms must contribute to their employees’ pension funds. For the first time ever, employers will be required to automatically enrol eligible employees into a pension scheme and pay contributions for them. The ruling will apply to all employers and there will be no exemption based on the size of the employer. Karen Wynard, head of corporate services at Eastwood & Partners (Financial Services) Ltd in Elland, said: “Employer duties will be phased in over a four year period, starting with the larger employers, from, October, 2012, to 2016. “The Pensions Regulator will be responsible for compliance with the new regime and will write to each employer 12 months and three months in advance of their staging date to advise them of their duties. “By October 2017, employers will be required to contribute 3% of an employee’s ‘qualifying earnings’ and the employee will be required to contribute 4%. Tax relief of 1% will then be added to make a total minimum contribution of 8% of qualifying earnings.”
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Karen said contributions would be phased in over a five-year period starting with 1% employer and 1% employee from October, 2012, to September 2016; then increasing to 2% employer and 3% employee (October, 2016, to September, 2017); before finally reaching the full 3% employer and 5% employee in October, 2017. The employee contribution figures quoted include tax relief. Qualifying earnings in 2010/11 terms are all employee earnings between the National Insurance primary threshold – £5,715 in 2010/11 – and an upper limit of £38,185 in 2010/11. Employees eligible for auto enrolment will be those who are aged between 22 and state pension age with earnings equal to or greater than the personal allowance (£7,475 from 2011/12). All eligible employees, whether they are full time, part time, temporary or fixed term contract workers will need to be auto enrolled within 3 months of becoming eligible. Karen said agency workers will be treated as employees of whoever pays or is responsible for paying them for their work. “Employers will need to auto enrol eligible employees into a Qualifying Workplace Pension Scheme,” she said. “This can be their own private scheme or the government built scheme, the National Employment Savings Trust. “Alternatively, a combination of the two can be used. There are various differences between private provision and the government scheme and before making a decision, employers would be well advised to consult an independent financial adviser in order to weigh up the advantages and disadvantages of the two options.” Said Karen: “These reforms are less than two years away and will have a big impact on future business planning. The reforms are going to happen and employers need to start considering their options sooner rather than later.” Nick Brook, of small business tax and account-
■ GROWTH FUND: New rules have put a duty on bosses in relation to employee pensions
ancy firm TaxAssist Accountants in Huddersfield, said that although the new law would be phased in, it was vital to get schemes in place. He said: “Yorkshire small businesses should put their own pension scheme in place for employees, rather than rely on Government schemes, which may not be the best solution for their company. “Even if businesses already have a workplace pension scheme, it may have to change to comply with the new law. Owner managers across Yorkshire will want to keep control of their employee benefits packages.”
Bank emerges on top STAFF at the Huddersfield branch of Handelsbanken are celebrating after the bank topped a national opinion poll for customer satisfaction for the second year running. The survey of the UK banking sector by EPSI Rating showed the Swedish-based bank rated “significantly higher than the national average” for customer satisfaction, thanks partly to its decentralised approach which allows branch managers to make decisions. H a n d e l s b a n ke n , w h i c h employs five staff at its offices at Pennine Business Park, Bradley, was ranked top by both its business and personal customers in terms of satisfaction and for customer loyalty. The survey follows record growth in the UK for the bank,
which has opened 21 branches in 2010 along with its third regional head office in Birmingham. Tony Jones, branch manager of Handelsbanken Huddersfield, said: “To be ranked top for the second year running in an independent customer satisfaction survey is very important for a relationship bank like ours. “We have been running the bank according to the same principles for the last 40 years and it appears that our decentralised and customer-orientated model is more appreciated now than ever.” The Huddersfield branch was the 54th UK branch to open in 2008 and is now one of more than 80 across England, Wales and Scotland.
■ PRINCIPLES: Branch manager Tony Jones
Agency hits new heights
A DESIGN consultancy in Huddersfield has joined forces with a Barnsley-based architect to promote a new boutique ski chalet in Switzerland. Lepton-based Blacksmith Design Consultancy, which has a growing reputation for slick website design, took up the challenge of working in a new market sector after managing director Neil Smith received a request for help from longstanding client Chris Carr. Chris, who runs an architects practice, sought help in marketing his beautiful Alpine home to a discerning clientele – and called on the design expertise of Neil and his team at Blacksmith. Said Chris: “I have worked with Neil on various projects over the last 20 years and knew that his expertise and enthusiasm would help steer the project in the right direction. “Neil and his team have created a very special website and provided invaluable advice with regards to obtaining press coverage, that we hope will help us to attract the discerning customers that we seek.” Neil said: “The brief to promote an outstanding luxury chalet for Chris came totally out of the blue but has been an absolute joy to work on. “The results speak for themselves and we are genuinely very proud of the website we have created.” Chalet Charr is a contemporary mountain retreat in the little known region of Val d’Anniviers. From January, 2011, it will be available to rent, on an exclusive, fully catered basis for about eight weeks a year.
Website offers a new Insight A BUSINESS transformation specialist has got a new look for itself. IBarkisland-based Insight with Passion has unveiled a website, which is already proving to be a winner. It has also set up a blog, called The Insight with Passion Effect, which is aimed at leaderships teams across a wide range of industries. The blog offers a unique insight into the boutique service offered by IwP along with level-headed advice on business transformation across a broad selection of aspects including human resources, business communications and business strategy. The new website includes a monthly newsletter providing a regular update of activities at Insight with Passion, events, new appointments and articles and tips.
QE2 puts on the pressure EEMINGLY bewitched by S the huge numbers involved, the financial press
and the media in the wider world are full of commentary about the importance of a second round of “quantitative easing” in ensuring the continuation of the developed world’s recovery from the financial crisis. Ostensibly, there is clear logic to the decision by the American Federal Reserve to purchase an additional 600bn dollars of longer-term US treasury securities over the coming 12 months, supplemented by an explicit undertaking to re-invest the proceeds of “maturing” treasury bonds and mortgage-backed securities back into treasury markets. The policy is designed to achieve two things. Firstly, to reassure risk-takers that the Federal Reserve is still 100% committed to seeing that taking “risk” will be rewarded – or at least that avoiding risk will not. Secondly, to ensure that the Federal Reserve has the flexibility to manage its exit from the role of temporary custodian of the “shadow banking system” to correspond to the private sector’s appetite to resume lending in compensation. Both of these policy implications are very much domestically focused and we concur that “QE2” is a good idea for both of these reasons. As a reminder, QE1 was the programme by which the Federal Reserve assumed responsibility for
CITY TALK tionary pressures in China, something to which the authorities are acutely sensitive given the high proportion of consumer pay packets that are spent on basic needs. Secondly, it increases peer pressure from China’s non-US trading partners to decouple from the Dollar and allow the Yuan to appreciate. In previous articles, we have indicated how important we believe it is that China should adopt a more flexible exchange rate policy. Such a move would encourage more balanced global growth, rather than the heavily polarised pattern that is currently in evidence and which is raising the risk of a political back-lash from the developed world. The implementation of QE2 in the US looks to be sending a harder message to China that time is running out to reach a more mutually acceptable currency regime. If this covert message from the Fed is received better than the overt overtures made prior to the G20, we would regard it as a success.
Simon Kaye is divisional director at Rensburg Sheppards Investment Management
Jackson means business FORMER Town manager Peter Jackson (pictured) returns to the Galpharm Stadium as one of the guest speakers at a meeting of the Yorkshire Business Forum later this month. The Fantastic Media Suite is the venue for the event, which takes place from 5pm to 7.30pm on Tuesday, November 23. Those attending will also get a complimentary ticket for the match between Huddersfield and MK Dons, which kicks off 15 minutes after the meeting. The forum, which is sponsored by law firm Chadwick Lawrence, offers the chance for delegates to hear some of the region's foremost businesses and sport personalities
– and get an insight into their views, experiences and business practices. Town commercial director Sean
Health officials turn up the heat on fire safety RISKY BUSINESS Mark Dalton
the shadow banking system in the first place. However, QE2 could also be seen to serve a different purpose. Without wishing to ascribe too Machiavellian a motive to the American central bank, we believe that the policy has significant international ramifications. Specifically, we think that it serves a useful purpose in ratcheting up the pressure on China to ease the currency peg relative to the US Dollar – a point of rapidly increasing political friction between the two superpowers in recent times. How does QE2 serve this purpose? The mechanism is indirect, but in a nutshell QE2 is a policy that puts heavy downward pressure on the Dollar and conversely puts upward pressure on the Dollar price of commodities. Since the Yuan is tightly pegged against the Dollar, this also drags the value of the Yuan downwards relative to commodities and to other currencies. This in turn has two negative effects from China’s perspective. Firstly, it directly increases infla-
Jarvis will welcome attendees and introduce Adam Smith, of BDO, who will speak about identity fraud. Jeremy Garside, managing partner of Chadwick Lawrence, will also speak before the audience hears from former Town boss turned businessman Peter Jackson, who will take part in a question and answer session. Town ambassador Andy Booth will also provide a quick pre-match analysis and his own Q&A session. A buffet and networking opportunities will follow the big game. Contact Tracy Nelson on 01484 484141 or email email@example.com for details.
HE Health and Safety T Executive has published new guidance on fire safety
in construction. Each year there are thousands of fires on construction sites, potentially putting the lives of workers and members of the public at risk. In 2009/10, there were 15 fires which resulted in the site being shut for more than 24 hours. The new guidance is about preventing fires from starting and ensuring people's safety if they do. Relevant to all construction projects, including small refurbishment sites, the guidance is aimed at all those with a role for developing and managing construction sites, including clients and designers. Much of what is contained in the guidance is not new. However, the sections covering multi-storey buildings and high risk building, such as timb e r f r a m e, h av e b e e n strengthened to include lessons learned from recent fires. Fire safety should be a key consideration on all construction sites, irrespective of size or the duration of the project. The combination of high-risk activities, such as hot work, with circumstances where fires can spread quickly and means of escape may be difficult, can
make them deadly. The publication contains new and detailed guidance on the fire risks and precautions which should be considered from the earliest stages of such a project. The guidance asks that clients and designers consider carefully the specific site, location and development – not forgetting the fire risks it poses to those on site and neighbouring properties – and ensure those risks are minimised. Further advice can be obtained from Wilby Ltd’s risk management consultants, who are experienced in and can provide a full range of services to their clients, keeping them fully aware of the potential risks that exist on their premises. When you choose Wilby as your risk management consultants, they will make every effort to ensure you are successfully guided through existing UK health and safety legislation, explaining everything that at first appears unclear and helping you protect yourself and your employees from serious accident and injury. The HSE publication is free to download on the HSE website http://www.hse.gov.uk For more information and advice, contact Mark Dalton on 01422 358525
Mark Dalton is associate director at Wilby Ltd
KIRKLEES BUSINESS NEWS
Building for the future CONSTRUCTION firms in Kirklees are set for a briefing on sustainable building. A high-profile conference has been organised by Kirklees Council’s construction industry initiative Build and the Centre of Knowledge Exchange at Leeds Metropolitan University. It is supported by Wates Living Space and will include presentations from several high profile companies including architect practice Aedas, Leeds Environmental Design Associates, Leeds Metropolitan University, estate agency Carter Jonas, the National House-Building Council and the Community Agency. The event, entitled The Green Vision: Sustainable Building Conference, will take place on Wednesday, November 24, at Huddersfield’s Textile Centre of Excellence. Speakers will include Paul Davies, sustainable technologies manager from Wates, who will talk about opportunities in the sustainable building sector and provide practical tips on winning contracts. Rob Lockey, training services manager at NHBC, will also be speaking on skills in the industry. Delegates will learn about how they can prepare for the introduction of the 2016 zero carbon building regulations and the opportunities this will bring to construction companies. The conference will give smaller construction companies the chance to meet the large contractors in the sector – offering them a chance to develop new relationships, show what skills and expertise they have and look at how they can work together to develop more business. Kirklees Council leader Clr Mehboob Khan said: “It is important that construction businesses in Yorkshire, and especially in Kirklees, seize the emerging opportunities in sustainable construction. “The conference will give construction companies the tools and information they need to expand into this sector and I hope companies across Yorkshire will attend this valuable event and learn more about the opportunities available to them.” Claire Walker, manager at the Centre for Knowledge Exchange, said: “As initiating partner of Green Vision I am excited to be working with Build this year. Go to www.green-vision.org.uk/hudds
A CATERING company celebrating 25 years in business has added a new ingredient. Gingham Caterers has built up a successful business providing buffets and sit-down meals for weddings, birthday parties, business meetings and other corporate events. Now joint directors Natalie Robertshaw and her mother Lorna Bonds have opened GC’s Coffee House at Bradley Business Park, Bradley, to provide a “shopfront” for the business and a welcoming environment for workers at firms based on the office park as well as passing customers.. Gingham Caterers was launched by Lorna in 1985 as The Box of Delights, a sandwich shop at Lockwood Road, Lockwood. Later, the company set up its outside catering business and in time moved out of Lockwood to Fartown to concentrate entirely on outside catering. Natalie, who has also been involved in the business since its launch, said: “My mum got so many enquiries about outside catering, she moved and didn’t have a shopfront. “But more recently, we have been looking for premises to open a coffee house to raise the profile of the business and provide somewhere for people to sit and enjoy our home-made and home-baked food.” The Coffee House offers sandwiches, savouries and salads to eat in or take out – as well as all-day breakfasts and afternoon tea. The company has nine staff, including casuals, who are decked out in the company colours of yellow and black. Members of the family also rally round to help at
TRAFALGAR MILLS LEEDS ROAD HUDDERSFIELD HD2 1YY •
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■ COFFEE TIME: Natalie Robertshaw (left and below) with (from left) catering assistants Heather Scotter, Claire Bennett and Sally Brook and fellow director Lorna Bonds at the Bradley shop
busy times, said Natalie. “Weddings are one of our specialities,” she added. “There is an eight-week period during the summer when we are usually fully booked. We are also currently taking bookings for Christmas, when we expect to be very busy.” The catering arm also covers funerals, christenings, corporate events and sportsmen’s dinners. Several organisations use the outside catering service regularly, including Kirklees Council. Natalie said the business had so far weathered the recession and – having invested in the coffee house at Bradley – was looking to increase its customer base in the coming months.
Agency seeks top offers for pubs
Modern Industrial Units To Let
Caterers serve up a big move
PROPERTY MANAGEMENT AGENTS CONSULTANT ADVISOR •
Christine Eccleston MB Services 01484 557102
A HUDDERSFIELD pub is one of three West Yorkshire hostelries to go on the market with specialist property consultancy Colliers International. The Bridge at Manchester Road, Longroyd Bridge, is up for sale with a £150,000 price tag. The property includes a lounge bar, kitchen, utility provisions and three bedroom managers’ accommodation. Final and best offers are requested by 5pm tomorrow. The Crown & Anchor at
up for sale with a £115,000 price tag. The pub is a large detached property in a rural location. Colliers International said the building would be also be suitable for other uses. Offers are also invited for the freehold of The Orange Tree on Cross Street in Halifax town centre opposite the bus station. The property is also suitable for alternative use. All three properties are being marketed on the instruction of BDO following the administration of The Lighthouse Pub Co.
■ LAST ORDERS: Colliers International has set a deadline of 5pm tomorrow for final and best offers on The Bridge pub
KIRKLEES BUSINESS NEWS
More of us are going for broke PAWNBROKING businesses have expanded in the wake of bank branch closures across Yorkshire, according to a report. Figures from The Local Data Company show that the number of pawnbrokers on the region’s high streets has risen by 29% from 46 to 75 since 2008. During the same period, the number of bank branches has fallen by 14% from 429 to 415. Nationally, the number of pawnbroking sites has risen by 44% from 482 to 694 while the number of bank branches has slipped by 1% from 5,226 to 5,183. The top towns in Yorkshire for pawnbroking outlets are Doncaster with six and Bradford and Wakefield, with five each. Central London leads the way across Great Britain with 21 followed by Glasgow on 10 and Brighton & Hove on eight. The survey conducted by The Local Data Company and PricewaterhouseCoopers showed the number of pawnbroking outlets rose in each of 11 regions, but the number of bank branches increased in only three – Scotland, eastern England and the south-east. Matthew Hopkins, director at The Local Data Company, said: “The growth and spread of pawnbrokers from being a side street ‘shadowy’ activity
Unit 5, Brookfield works, Quebec Street, elland, HX5 9AS
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■ STREET SCENE: Herbert Brown pawnbroker in King Street, Huddersfield
into mainstream fast-growing retailer is newsworthy. “This sector has shown how it can take advantage of a recession and turn in into a boom.” Last month, Albermarle and Bond Holdings underlined the “changing face” of the industry after becoming the first to join the UK’s main retail trade body. The group became the first pawnbroking business to join
Paul Clarke, partner at PKF, said: “The ever-changing political and economic landscape has understandably had a significant impact on Yorkshire’s commercial property sector over the last two years, with the full effects of the Government’s controversial Spending Review still to materialise. “On a more positive note, as with previous downturns, there are opportunities to be had for those businesses with entrepreneurial spirit.
undisclosed sum. The self-contained detached industrial warehouse was previously occupied by scaffold hire company Access Brands. Several interested parties submitted offers for the freehold and Vision Depot Ltd
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the British Retail Consortium, which lobbies Government on behalf of retailers. The membership covers 140 Albermarle and Bond and Herbert Brown stores which o ff e r p aw n b ro k i n g , short-term loans, gold-buying and jewellery retailing. Twenty of the stores opened in the past 12 months and the company has just posted record profits.
However, different working practices will need to be adopted if they are to truly capitalise on them. “This seminar provides an opportunity for local businesses to hear from experts across the sector on the emerging opportunities and discuss and debate the underlying issues in greater detail.” The free seminar gets under way at 8.30am on Thursday at Thorpe Park Hotel in Leeds. Email firstname.lastname@example.org or call 0113 228 000.
Firm has Vision to acquire unit THE industrial agency team at CB Richard Ellis has completed another sale. The team, acting for a private investor, has sold a 6,309sq ft industrial unit on Wortley Moor Lane, Leeds, to specialist lighting company Vision Depot Ltd for an
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Property forum set to meet BUSINESS experts are set to highlight issues facing the commercial property sector as the Yorkshire economy emerges from the sharpest downturn in history. The event, called The State of Play – Property Another Year On, will feature presentations from experts at PKF (UK), Lambert Smith Hampton, Irwin Mitchell and Yorkshire Bank, as well as guest speaker Martin Farrington, director of city development at Leeds City Council.
was successful in securing the deal. Daniel Austin, senior surveyor at CB Richard Ellis, said interest in the property was high because falling values had led to a shortage of sub 10,000sq ft freehold opportunities.
Unit 1, cartwright court, Bradley Business Park, Huddersfield, HD2 1GN
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KIRKLEES BUSINESS NEWS Ian Harrington & Lee Rhodes
Eddisons PROPERTY agent Eddisons has appointed Ian Harrington (right, above) as national head of its building and project consultancy department and Lee Rhodes (right, below) as senior surveyor. Both have joined Eddisons from DTZ. Eddisons managing director Nigel McDonald said: “Ian and Lee bring with them a wealth of expertise. “Their appointments demonstrate our commitment to expanding this area of the business and enhancing the quality of service we offer clients.” Eddisons, which has offices at Huddersfield and eight sites nationwide, also announced that David Wood has moved from the firm’s Leeds office to Manchester. He will head the building and project consultancy team covering the north-west.
Yorkshire Bank YORKSHIRE Bank has appointed a new business banking partner at its Bradford-based West Yorkshire Financial Solutions Centre. Ruth Allen, 27, of Leeds, has joined the 13-strong Kirklees and Calderdale team led by senior partner, Kevin Newson. Ms Allen joined Yorkshire Bank’s Newcastle FSC in 2007 on its graduate scheme after gaining a marketing degree at Newcastle University. She later worked in the credit department at Yorkshire Bank’s headquarters in Merrion Way, Leeds.
Movers and shakers
Life comes full circle for Sandra TWENTY years ago, Sandra Babbings was busy looking after the health of the workforce at Huddersfield motor manufacturer Brook Crompton. Now life has come full circle – as her occupation health business opens new headquarters and a health academy at the self-same offices in the old Brook Crompton building at St Thomas. Road, Longroyd Bridge. Working in occupational health at the now defunct engineering firm made such an impression o n S a n d r a t h at s h e decided to make it her career. It took a few more years, but from these early days and experiences came an occupational health management company called PROHMS. Said Sandra: “Over the last few years, PROHMS has gone from strength to
strength and provided significant employment in an area of healthcare that is becoming crucial to forward-thinking companies wishing to look after the most valued asset – their people!” PROHMS now has o t h e r d i v i s i o n s t h at include physiotherapy, a health retreat at Hoylandswaine, near Penistone, and a critical incident division to assist businesses when they go through major trauma such as serious industrial accidents and other crises. The new PROHMS Health Academy aims to improve the regions’ health with programmes designed for every desired health outcome. In conjunction with Matt Coulson, the local fitness guru, Sandra has taken the health of the regions’ people to new heights.
■ HOME GROUND: Sandra Babcock, of PROHMS
In a league of their own!
A PUBLIC relations agency headed by a Gomersal woman has added another recruit to the team. Michael Hodgson, 21, joins Approach PR on a one-year work placement as part of a four-year sandwich degree at Leeds Metropolitan University. Mr Hodgson (pictured), a marketing student from Huddersfield, will provide junior account executive support for clients such as ALNO group, Délifrance UK and Halo furniture, as well as taking an administrative role in the company. Approach PR was established in 2001 by Suzanne Johns in Cleckheaton and moved to Little Germany, Bradford, in 2006
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■ PALLET PALS: Richard Allen (middle) from The Pink Link accepts the Platinum award from Palletways managing director, Craig Hibbert and the Palletways dragon mascot, Slick
A FORMER member of the Bank of England’s Monetary Policy Committee has been appointed a non-executive director of Yorkshire Building Society. Kate Barker, 53, was previously on the board of the Bradford-based society, which has its roots in Huddersfield. She stepped down when she became a member of the MPC in 2001, where she remained a committee member until May, 2010. Before joining the MPC, she was chief economic adviser to the CBI. Ms Barker was awarded the CBE in 2006 for services to social housing. She is a former board member of the Housing Corporation and is now on the board of one of its successor bodies, the Homes and Communities Agency.
LOGISTICS company The Pink Link has been handed a precious consignment. The Netherton-based firm has been recognised for achieving the highest possible standards of customer service by international logistics network Palletways. Europe’s market leader in the express distribution of small consignments of palletised freight, Palletways launched a nationwide Partnership League in 2007 to recognise the quality of commitment and co-operation amongst its network of more than 100 members. The assessment process is based
on categories such as delivery times and health and safety compliance. The Pink Link collects and delivers small consignments of palletised freight to customers in the BD, HD and HX postcode areas, and has been praised for maintaining top levels of service across the board. Richard Allen, principal of The Pink Link, said: “Our Platinum status is testament to the hard work of all my colleagues at The Pink Link. “The Palletways Partnership League provides a benchmark for consistent high service levels and demonstrates our commitment to both quality and
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Published on Nov 16, 2010