

CENTRAL SOUTH BUSINESS AWARDS
Finalists announced
Dealmakers or dealbreakers?
TRAVEL
Fes or Marrakech?
40 Larry Fink
The CEO of BlackRock, the world’s largest investor cuts through the white noise to state the UK is a good place to invest and do business in
6 Surrey Chamber News
A round up of Surrey Chambers of Commerce members’ news
8 Surrey Chamber Events
What’s on for Surrey Chambers members
12 Learning Skills Improvement Plan
Tackling workforce challenges in social care
15 Surrey Business School
SBS supports the Sustain Film Festival crowdfunding campaign
NEWS
28 National news
A round up of important business stories from around the world
18 The Platinum Club
Now in its 16th year, it remains the preeminent networking forum in Sussex.
20 Surrey Business Awards
The prestigious awards return for 2025, with the entry deadline approaching fast
22 Heartbeat
Cardiac charity, Heartbeat, has launched its ‘biggest ever’ fundraising event, taking place in Southampton on June 29th
24 Central South Business Awards
Finalists are announced for the CSBA 2025, with the last few tickets available on sale
BUSINESS
50 Cleankill
Cleankill staff put their best foot forward for charity
LEGAL
36 DMH Stallard
Employee ownership trusts: an alternative to a trade sale
39 DMH Stallard Commentary
Jonathan Grant on M&A dealmakers and dealbreakers
46 Mayo Wynne Baxter
The legal obligations of separated parents during school holidays
30 Kreston Reeves
Tax relief updates on Research and Development
34 HJP
When is a good time to sell your business?
52 Fes or Marrakech?
Tess de Klerk ponders two remarkable cities in Morocco, each with their distinctive characteristics
MOTORING
58 Range Rover Sport
Maarten Hoffmann roadtests a surprisingly light and nimble SUV from JLR.
One of the things we pride ourselves on at Surrey Chambers of Commerce is our expertise in collaboration and ability to cover the topics most needed by businesses. Our AI in Surrey – Tech Summit, held at the fantastic Shilling Building at Royal Holloway, University of London, was a perfect example of this. Working with INV Group, FluidOne (Camberley office) and Royal Holloway, we brought together 145 delegates from across Surrey and beyond to explore the fast-moving world of AI in business – and what we all need to do to keep up.
This was no ordinary tech event. From the moment our guests arrived, the energy in the room was electric, filled with conversations, curiosity, and a genuine appetite to understand how AI is already shaping the way we work, think, and grow. The main takeaways from the day were; AI is here – and it’s happening
❛❛ One of the things we pride ourselves on at Surrey Chambers of Commerce is our expertise in collaboration ❜❜
now, so businesses of all sizes need to start understanding and implementing it today; future skills matter and not just technical ones – leadership, ethics, adaptability and critical thinking are all part of the picture and collaboration is key, with real breakthroughs when business, academia and tech innovators come together.
The event finished with a very buzzy networking lunch, kindly sponsored by FluidOne, with great food and even better conversation, followed by a brilliant tour of Royal Holloway’s cutting-edge Omnidrone facility, giving delegates a glimpse into some seriously exciting
drone technology being developed right here in Surrey.
So, what’s next? This is just the beginning. We’re already working on AI in Surrey 2026 – and we’re aiming to go even deeper next year, with more hands-on insight, more practical takeaways, and even more opportunities to connect and collaborate. We will also be working on the skills needs of employers to meet this change in the way we work in a proactive, productive way. Surrey Chambers will continue to be the organisation leading the way on identifying skills gaps across the county, and we hope to engage more businesses from all sectors to make sure we are acting on live data!
Meanwhile, we have been keeping a close eye on the UK-EU leaders’ talks, which have a significant impact on many of our exporters in Surrey. The recent summit marks a turning point in UK/EU relations, which puts our trade relationship at the forefront of our partnership going forward.
For four years, businesses have fought hard to sustain sales to the EU in the
face of a rising tide of costs and paperwork, which has severely dented their competitiveness. A permanent deal to remove unnecessary checks on food and drink exports in both directions is a huge boost; it will cut costs, reduce waste and increase sales. It was also essential that a defence and security pact was agreed to involve UK defence companies in wider projects to safeguard our democracies.
It is now vital that work begins on agreeing access to joint procurement funding. Making quick progress on the use of E-gates at passport control will make
life easier for businesspeople who frequently cross EU borders and boost UK tourism.
This summit also saw encouraging movement on other issues that have long been a thorn in the side of many firms. A commitment to focus on securing a youth mobility scheme and linking our emission trading schemes will make life simpler and less costly for many businesses. This agreement must serve as the foundation on which we aspire to build a much stronger business relationship going forward; however, there is a lot to be positive about.
Platinum Media Group enjoys the largest circulation of any business magazines in the UK, reaching over 720,000 readers across the South East and this includes 468,000 online readers. If you can’t wait for the next issue then jump onto our social media platforms and join the conversation.
Surrey Chambers of Commerce can be reached on 01483 735540, info@ surrey-chambers.co.uk, @surreychambers www.surrey-chambers.co.uk
IT security is an ever-evolving arms race between criminals and defenders, with each side constantly adapting to outmanoeuvre the other. The latest threat in this ongoing battle is Astaroth, a sophisticated phishing kit designed to bypass two-factor authentication (2FA), a method once considered a robust line of defence.
For years, passwords were the primary safeguard for digital accounts. As these became easier to crack, multi-factor authentication (MFA) emerged, requiring users to verify their identity using two (as 2FA) or more factors—such as a password and a code sent via text or email. This significantly raised the bar; however, threats
continue to adapt.
Astaroth, first detected in January 2025, mimics legitimate login pages from well-known platforms like Microsoft and Gmail. Victims are lured
in through convincing emails, click on links, and land on cloned sites that appear authentic. When users enter their credentials and 2FA codes, Astaroth captures them in real time and uses them to log in to the actual service—effectively sidestepping 2FA protections.
Unlike traditional phishing kits that only steal passwords, Astaroth operates as a live middleman, making it far more dangerous.
Staying safe requires vigilance. Always inspect URLs before entering login information, be sceptical of unsolicited emails, and never rush into clicking unknown links. At FluidOne, we help organisations stay ahead of evolving threats with awareness training, MFA solutions, and managed IT security services.
To learn more, reach out to us at camberley.fl uidone.com or call 01276 455455 to chat.
Nationwide research conducted in 2023/4 showed employee-owned businesses (EOB) are 8-12% more productive than their non-EOB counterparts. While employing just 0.7% of workers in the UK, they drive 1.7% to 2.1% of overall economic activity - that’s a £37 billion contribution. This is supported by data that also shows: Employeeowned businesses are 50% more likely to have increased investment in Research and Development than non-EOBs in the last five years.
When TensCare Ltd transitioned to employee ownership in 2017, it wasn’t just a change in structure— it was a transformation in spirit. Empowered employees became invested co-owners, unlocking a wave of innovation, accountability, and growth. In just a few years, TensCare has grown from a turnover
of just over £1.1m to north of £5m, with profi ts rising significantly.
Why? Well it follows what research has shown that Employee Owned businesses are more resilient, more innovative and offer greater staff satisfaction, TensCare rallies around the values of Caring, Cooperation and Encouragement to drive their purpose to supply electrotherapy medical devices to provide pain relief and muscle rehabilitation on their mission to improve the quality of life for those in their community.
Neil Wright – Managing Director says, ‘When people have a stake, they take more care. Decisions are made with the long term in mind, staff retention is good, and customer satisfaction is higher than ever. For
business owners thinking about succession, selling to your staff through an Employee Ownership Trust isn’t just a feel-good option— it’s a commercially smart one. At TensCare, we have proven that shared ownership delivers shared success.’
As a starting point for specialist advice on employee ownership, information can be found via the Employee Ownership Association and specialist solicitors and accountants.
Guildford Cathedral is calling on adventurers to take part in its thrilling ‘Daring Descent’ on Saturday, June 14th, an exciting fundraising event aimed at supporting the Cathedral’s vital upkeep and work.
Participants will climb the Cathedral’s spiral staircase, consisting of 249 steps, to a height of 160 feet, roughly the height of ten double-decker buses, where they will enjoy stunning panoramic views of Guildford before experiencing the thrill of abseiling back to the ground.
This unique event will feature 20 brave individuals, including Right Reverend Andrew Watson, the Bishop of Guildford, who will be raising funds for both Guildford Cathedral and the Bishop’s Communities Fund. The remaining participants will focus their fundraising efforts on the essential
£3,500 it costs every day to keep the Cathedral’s doors open, supporting its operations, services, and community outreach.
The Bishop of Guildford’s Communities Fund, for which Bishop Andrew is also raising money, gives grants to a variety of local organisations which provide much-needed support and outreach to some of the most disadvantaged and vulnerable people in our Diocese.
While 20 participants have already signed up, including Cathedral Staff and their families, Choristers, Congregation members and Diocese of Guildford Staff, Guildford Cathedral is encouraging even more thrill-seekers to join in and help raise much-needed funds for this beloved local landmark. Experience is not essential as instructions and full safety equipment will be provided by experts.
Cooper Parry (CP), the ‘Rebels of Accountancy’, has once again increased its footprint in the digital/ tech space with the acquisition of consultancy 3RP, an Oracle NetSuite Partner of the Year (2023 & 2024).
The deal brings the UK and Philippinesbased firm neatly alongside three other recent acquisitions within Cooper Parry Digital: MacroFin (NetSuite), Cloud Orca (Salesforce) and Front Foot (Data & Market Intelligence). Collectively, the multi-awardwinning Macrofin and 3RP teams have completed the most NetSuite implementations across Europe in the last three years.
Just two weeks after partnering with New York-based Lee Equity, this deal
further extends the firm’s NetSuite capability as the largest in the UK. With more deals in the pipeline, it is another milestone as CP creates the UK’s nextgen professional services group.
The 24-strong team will build on an outstanding capability as the goto NetSuite services choice for the Retail, Travel & Tourism, Software, Sustainable Energy, Fintech,
Professional Services & Wholesale Distribution sectors.
Elliott Keene, 3RP Co-founder & Director said: “Our ethos has always been the same - offer world-class NetSuite implementation services and consultancy. We were instantly attracted by Cooper Parry’s ambitions and their focus on a terrific culture.
Joining Cooper Parry enables the team to continue growing and thriving in an even larger customer base. We can now offer our customers an even greater catalogue of services and expertise, alongside our MacroFin colleagues and the wider CP firm. We look forward to continuing to cement our reputation as the UK’s go-to partner for NetSuite services.”
SPA
June 11th: 12pm-3pm
Royal Automobile Club, Woodcote Park, Epsom, Surrey, KT18 7EW
Join us for a delightful afternoon of networking, delicious food, and summer fun at our Summer BBQ Soirée, hosted at the prestigious Royal Automobile Club. There is REALLY something for everyone! Network over a two-course BBQ buffet with tea and coffee, lawn games, F1 Simulator competitions and a showcase of the Club’s heritage fleet on the beautiful Cedar Lawn. Don’t miss this fantastic opportunity to connect, relax, and soak up the sunshine!
June 19th
The Georgian House Hotel, 37-41 High Street, Haslemere, Surrey, GU27 2JY
Looking to grow your network while enjoying a refreshing midday break? Welcome to Business Bites, the perfect setting to connect with like-minded professionals and uncover new opportunities. A chance to meet fellow business minds, exchange ideas, and build meaningful connections in a relaxed and welcoming environment. Whether you’re looking for potential clients, collaborators, or simply fresh perspectives, Business Bites is designed to help you expand your network without the pressure of a formal event.
June 18th
Surrey Chambers Offi ce, Block E, Dukes Court, Duke Street, Woking, Surrey, GU21 5BH
This half-day course is designed to provide UK exporters and importers with a thorough understanding of sanctions and regulations which affect international trade. Participants will learn about how UK sanctions and regulations can signifi cantly impact SMEs.
July 2nd – 8.00-10.00am
Nescot College, Reigate Road, Ewell, Epsom, Surrey, KT17 3DS
Running from 08:00 – 10:00, our monthly Business Breakfasts are a wonderful opportunity to meet a range of Surrey businesses over a delicious breakfast. With a calendar bursting with interesting and stimulating events, we are sure you will find topics that are current and relevant to you and your business. We acknowledge that making new contacts is rather high on your priority list, so start your day with networking, hearing from a possible guest speaker, whilst most importantly, all over a breakfast!
July 16th
Surrey Chambers Offi ce, Block E, Dukes Court, Duke Street, Woking, Surrey, GU21 5BH
This half-day course is designed to provide UK exporters and importers with a thorough understanding of global Free Trade Agreements (FTAs) and tariffs which affect international trade. Participants will learn about how UK FTAs and tariffs can signifi cantly impact SMEs.
September 3rd – 8.00-10.00am
Clandon Wood Surrey Hills Natural Burial, Epsom Road, Guildford, Surrey, GU4 7FN
Running from 08:00 – 10:00, our monthly Business Breakfasts are a wonderful opportunity to meet a range of Surrey businesses over a delicious breakfast. With a calendar bursting with interesting and stimulating events, we are sure you will find topics that are current and relevant to you and your business. We acknowledge that making new contacts is rather high on your priority list, so start your day with networking, hearing from a possible guest speaker, whilst most importantly, all over a breakfast!
July 16th
Clandon Wood Surrey Hills Natural Burial, Epsom Road, Guildford, Surrey, GU4 7FN
Join us for our Members Networking Evenings, a monthly gathering where Surrey’s business community comes together for an evening of connection, collaboration, and opportunity. Running from 6:00 PM to 8:00 PM, these relaxed and informal events are your chance to catch up on recent business highlights, strengthen existing relationships, and make valuable new connections.
September 11th
The Oakwood, Moor Lane, Esher, Surrey, KT10 8AN
Join Generation Next for a high-energy afternoon of fun, connection, and adventure! This Team Building Half Day is designed to bring young professionals together for an unforgettable experience packed with food, fresh air, and friendly competition.
Level up your international trade knowledge with our half-day training courses.
9:30 AM – 12:30 PM
Sanctions and Regulations
Dukes Court, Woking
9:30 AM – 12:30 PM
Dukes Court, Woking
Free Trade Agreements and Tariffs
Member Rate | £75.00 + VAT per course
TRAIN MORE, SAVE MORE
Non-Member Rate | £125.00 + VAT per course
Book one attendee and receive 50% off each additional booking To book under this discount, please email giorgia.burgess@surrey-chambers.co.uk
With the social care sector continuing to grapple with significant workforce development challenges, the latest LSIP roundtable offered a timely opportunity to explore collaborative solutions, share frontline insights, and drive meaningful change. The LSIPs Social Care Roundtable, held on Thursday, May 1st, which followed the previous roundtable held in February, brought together employers, educators, and sector leaders all committed to shaping a more sustainable future for social care – a sector where recruitment and retention have long posed persistent challenges.
One of the most pressing topics discussed was the role of T Levels within the social care landscape. Although T Levels were introduced to bridge the gap between education and industry through practical, vocational learning, enrolment numbers in social care remain critically low.
Employers voiced a shared concern: many of the existing T Level programmes are too clinically oriented, focusing on healthcare roles rather than the person-centred approach essential for social care. The group questioned whether the current format of T Levels is truly fit for purpose in this context.
Key suggestions included adapting T Level content to better reflect the sector’s needs — for example, incorporating placements that are rooted explicitly in social care settings, rather than general health environments. Participants also explored whether colleges are doing enough to support social care employers in offering these placements, and whether existing placements meet the high standards expected by the industry.
The consensus? Closer partnerships between education providers and care
employers are vital. Without alignment, the sector risks losing out on an important talent pipeline.
One significant barrier raised during the session was age restrictions, which can prevent employers from offering placements to younger students. This not only limits opportunities for early engagement but could also discourage
❛❛ The consensus? Closer partnerships between education providers and care employers are vital. ❜❜
young people from considering a career in care altogether.
The group identified several practical strategies to overcome this:
• Foster a collaborative network among employers to create meaningful shared placement opportunities.
• Encourage colleges to work together, potentially hiring a dedicated Placement Coordinator to manage placements across institutions, ensuring consistency and quality.
• Explore incentives for employers to engage with T Levels — with news that such incentives may soon be introduced, this could prove a valuable turning point for employer involvement.
Discussions also focused heavily on improving how careers in social care are presented, particularly to younger people and those outside the sector.
There was a clear agreement that to change perceptions, the sector needs
more real-life, positive stories that showcase the value and fulfilment of care work. Initiatives like ‘A Day in the Life of a Carer’ were highlighted as creative ways to bring these stories to life and attract new entrants.
In tandem, participants called for greater clarity around career progression, with defined pathways that show how individuals can build a long-term, rewarding career in social care. Enhanced commercial awareness and improved employer branding were also seen as tools to better communicate the professionalism and scope of roles in the sector.
The roundtable concluded on a note of shared purpose. There is a strong and growing commitment to work together across the social care sector, education, and policy to ensure that pathways into care are not just available, but truly fit for purpose — accessible, attractive, and aligned with the sector’s real-world needs.
With continued dialogue, stronger partnerships, and a focus on practical solutions, the Surrey & Mid North Hampshire LSIP and its partners are laying the groundwork for a more resilient and inspired social care workforce.
To get involved in any aspect of the skills landscape as an employer or provider, email lsip@surreychambers.co.uk
01784 456
www.salcol.co.uk 07557 922139
Surrey Business School embeds authentic learning into its curriculum for both undergraduate (UG) and postgraduate (PG) programmes through the B-Clinic, where students collaborate with businesses and social enterprises in the local community. The projects build skills for the students and provides valuable support for the project stakeholders.
In the #DigitalBusinessChallenge2025 project, MSc students are currently working with more than a dozen businesses to support their digital marketing activity. The student teams evaluate the existing activity and then carry out designated tasks agreed upon with the project stakeholders.
An example is the Sustain Film Festival, the brainchild of Jon Weinbren, Programme Director for Film, Animation and Digital Arts at the University of Surrey and Adam Gorry, a recent MSc film graduate. The concept evolved from the widespread acclaim they received for their Cannes award-winning short film, “Remember the Future,” which demonstrated the power of film to convey the message of sustainability.
Set to take place across local Guildford venues in late August, the Sustain Film Festival will showcase independent films that inspire, inform, and provoke action. With a mix of short films, documentaries, and features, the festival will explore diverse perspectives on
sustainability, from climate justice and conservation to ethical innovation and grassroots activism. The intent is to celebrate storytelling and sustainabil -
ity through film, helping to bring the community together for a great cause.
To make this vision happen, the Sustain Film Festival needs your help to spread the message. We aim to help build a sense of collective ownership around the festival, where everyone, from students and families to local creatives and businesses, feels empowered to get involved. You can volunteer to work on film shoots, to be an usher or to participate in creative workshops.
The Sustain Film Festival is also launching a crowdfunding campaign to help fund costs related to hiring venues, planning events, and screening films. The MSc student team is supporting their digital marketing activity and crowdfunding campaign to help spread the message.
❛❛ Set to take place across Guildford venues in late August, the Sustain Film Festival will showcase independent films that inspire, inform, and provoke action. ❜❜
www.sustainfilmfest.org/contact/
www.surrey.ac.uk/business-school/ enterprise/b-clinic
SIMPLY THE MOST EFFICIENT AND FUN EVENT IN THE REGION. THE ONLY NETWORKING EVENT I EVER ATTEND
THE PLATINUM CLUB IS A REALLY WELL ORGANISED NETWORKING GROUP, WITH THE HOSTS HELPING TO FACILITATE TO ENSURE WE ALWAYS MAKE USEFUL NEW CONTACTS AT EACH EVENT ❜❜ LLOYDS BANK
ALL BUSINESS IS BASED ON RELATIONSHIPS, AND PLATINUM GIVES YOU THE PLATFORM TO CREATE THE MEANINGFUL HUMAN CONNECTIONS THAT MATTER
We meet once per month, excluding August. If you would like to attend an event, please get in touch info@platinummediagroup.co.uk
As annual membership is no longer required, we look forward to welcoming you to the most effective, enjoyable and lively networking group in the South
BAILEY & FRENCH
❛❛ WE SEE THE PLATINUM CLUB AS AN IMPORTANT AND INTEGRAL PART OF OUR BRAND AWARENESS STRATEGY, THROUGH INTERACTIONS WITH WELL CONNECTED BUSINESS PEOPLE AND OTHER INFLUENCERS. IT IS WELCOMING AND GREAT FUN TOO! ❜❜ MATTIOLI WOODS
Racheal Pigg (Archangels Architects) and Sarah Daly (Home Instead)
Henderson (Purley Public Relations); Gina Hollands (Hollands Associates); Kevin Boyd; Jen Bayford
Animals Marketing)
The Surrey Business Awards, in proud partnership with Surrey Chambers of Commerce, are the county’s premier celebration of business excellence - the biggest and most prestigious event of its kind.
Whether you’re a rising star or a seasoned leader, entering the awards is a powerful way to showcase your achievements, gain exceptional recognition and connect with influential industry figures across the region.
“There’s no question that these awards gave us an extra lift in front of existing and prospective clients. The messages of congratulations I received indicates that they take these awards seriously and that our win reaffirms their own belief in our company...”
Sven Hughes Enigma Strategic Communications Businessperson
of the Year 2024
• Businesses can submit a maximum of three categories
• Businesses must have an office based in Surrey
• Sole traders and self-employed professionals are welcome to enter
• All submissions are treated as strictly confidential and will only be shared with the judging panel
Cardiac charity, Heartbeat, has launched its ‘biggest ever’ fundraising event, taking place in the heart of Southampton on Sunday June 29th – and sign-ups are already coming in fast.
Heart & Stroll is a family-friendly fundraising event open to everyone, including four-legged friends! The gentle 5km walk through the scenic Southampton Common is designed to be accessible to all, with no need to run or complete the route at speed—just come along and enjoy the day at your own pace. But this is far more than just a stroll in the park.
Along the way, participants will encounter live entertainment, including photo opportunities with Marvel’s Captain America and vibrant performances from local theatre group Spot-On Productions. The fun continues at the main stage with music from The DeLoreans, captivating performances by local theatre and dance troupes, and a live DJ set from charity patron and former
footballer James Beattie. The event will be hosted by broadcaster and dedicated supporter Michael Kurn, ensuring a joyful and energising experience for the whole community.
Heart & Stroll is raising essential funds to help transform the D2 Ward at University Hospital Southampton. Every pound donated will go directly toward creating a more modern, comfortable, and better-equipped environment for people living with heart failure. The aim isn’t just to build one of the UK’s leading Heart Failure units, but to ensure patients—both on the ward and in the wider community—receive the compassionate care and specialist support they truly deserve.
Heartbeat CEO Mark Ind said: “We’re expecting a fantastic atmosphere on Southampton Common, with live music, fun photo opportunities, delicious food vendors, and a wide range of stalls throughout our event village. This is a day for everyone, regardless of age or ability, to come together, get involved, and enjoy themselves. It’s not a race; it’s all about community spirit and taking part.”
Tanya Harder, Project Lead, shared her deep appreciation, saying: “I’m truly touched by the incredible response we have currently received, not just through our incredible sponsors, but from people helping us behind the scenes, to everyone who is signing up to the event. With this being our first ever mass participation event, the support is unwavering, the enthusiasm is uplifting, and we are genuinely excited for the day.
“This event isn’t just about a fun day out, though—it’s about making a real difference. The funds we raise will help
James Beattie and Flo the Bear, Heartbeat’s Mascot
so many people in our community and beyond who are living with heart failure. Almost all of us are affected by heart conditions, whether directly or through someone we love. That’s why coming together like this is so powerful—together, we can create lasting change.”
There is still time to sign up for £5 in advance for Adults or £10 on the day. Children and dogs go free.
So, please scan the QR code opposite to sign up or head over to our website for further information on https:// www.heartbeat.co.uk/events/heartand-stroll-2025
SPONSORED
Last few remaining
WEDNESDAY JULY 2ND 2025
CONNECT WITH INDUSTRY PEERS, GAIN INSIGHTS INTO THE LOCAL BUSINESS LANDSCAPE AND MEET KEY PLAYERS IN THE COMMUNITY
£125 EACH | £1,200 TABLE TICKETS INCLUDE DRINKS RECEPTION, THREE-COURSE
MEAL, UNRIVALLED NETWORKING AND ENTERTAINMENT
VENUE: LEONARDO ROYAL GRAND HARBOUR HOTEL, SOUTHAMPTON
Presented by comedian, Suzi Ru ell
SPONSORED BY
PURCHASE TICKETS ONLINE
”The awards were one of the most professional we have ever attended” Heathrow Airport
The finalists for the highly anticipated Central South Business Awards 2025, held in association with Business South, have officially been announced.
Each entry underwent a rigorous judging process which included a detailed scoring system, interviews and a final judges’ meeting to determine the most outstanding finalists. The judging panel was made up of representatives from this year’s sponsors including Blake Morgan, Lester Aldridge, Heartbeat, Moneycorp, Southampton Solent University, Occupational Health Consultancy, Dutton Gregory Solicitors, Openshaw, Tetra Tech, Growth Animals Marketing, City of Portsmouth College, HSDC, ISON Travel, Business South and Surrey Business Magazine.
Maarten Hoffmann, Managing Director of Platinum Media Group and organiser of the event, commented: “We were truly impressed by the quality and depth of this year’s entries. It’s clear that businesses across the region are doing incredible work, and selecting the finalists was no easy task.
“Being shortlisted is already a major accomplishment and we look forward to
celebrating these remarkable contributions to the regional economy.”
The 2025 awards include 15 categories covering areas such as Customer Service, Innovation, Construction, Startups and Professional Services. The evening’s top honour, Company of the Year, will be awarded to one exceptional
business selected from among the category finalists.
Winners will be revealed at a prestigious black-tie ceremony on July 2nd at the Leonardo Royal Hotel Grand Harbour in Southampton where over 400 guests from across the region will come together to celebrate excellence, innovation and achievement. Tickets cost £125 each or £1,200 for a table of ten and include a sparkling drinks reception, a delicious three-course meal and unparalleled networking opportunities with influential figures from across the region.
If you want to be part of the business event of the year and make valuable new connections, don’t wait - secure your place. Book your tickets online today at: www.platinummediagroup. co.uk/events/central-south-business-awards/buy-tickets/
BUSINESS GROWTH AWARD
Sponsored by Blake Morgan
Connect It Utility Services Enigma Strategic Communications Lionel Hitchen
Morelli Consulting toob
BEST CUSTOMER SERVICE AWARD
Sponsored by HSDC Citrus FM entrust IT Group Tailor Made Technologies
The Mortgage Stop
The Naked Pharmacy
COMMUNITY HERO AWARD
Sponsored by Heartbeat Festival Place Holiday Inn Eastleigh
Morgan Sindall Construction Right at Home Portsmouth Victorious Festivals
BEST NEW BUSINESS AWARD
Sponsored by Business South
Echo AI Enablists Launch Labs
Paseda360
Zaman Condiments and Sauces
INNOVATION OF THE YEAR
Sponsored by Southampton Solent University Limetools Portsmouth: The Digital City Project powerQuad Silverlake Automotive Recycling WF Recycle-Tech
TECHNOLOGY ADVANCEMENT AWARD
Sponsored by Openshaw & Co
Asisters ICS.AI
Multitone Electronics
Nucleolus Software Rootshell Security
LARGE BUSINESS OF THE YEAR
Sponsored by Occupational Health Consultancy Meachers Global Logistics Onecom
Ridge and Partners
ServiceMaster AAA Tetra Tech
FUTURE TALENT OF THE YEAR
Sponsored by Surrey Business Magazine Becky Rayner | Savills Southampton Ben O’Nion | Echo AI
Clara Velayos | Hilton Woking
Jamie Reilly | Reizia Digital Mark Hamlin | Powder Monkey Brewing Co
CONSTRUCTION PROJECT OF THE YEAR
Sponsored by Moneycorp Breheny Civil Engineering
Morgan Sindall Construction Morrish Homes Ramboll Stelling Properties
EMPLOYER OF THE YEAR
Sponsored by City of Portsmouth College Citrus FM CV-Library
Morelli Consulting
Morgan Sindall Construction
Ridge and Partners
INTERNATIONAL BUSINESS OF THE YEAR
Sponsored by ISON Travel Life Couriers
Lionel Hitchen
Ramboll Tekever xHeight
SME BUSINESS OF THE YEAR
Sponsored by Dutton Gregory Solicitors Barnbrook Systems REMEDI HEALTH
The Naked Pharmacy
Wessex Internet Westlands Farm Shop
BUSINESSPERSON OF THE YEAR
Sponsored by Lester Aldridge Ben Michaelis | ThinkEngine Darren Ridge | Ridown Group Lee Biggins | CV-Library
Nick Parbutt | toob Siva Kugathas | ServiceMaster AAA
PROFESSIONAL SERVICES AWARD
Sponsored by Growth Animals Marketing Carswell Gould Codestone
Redwood Family Wealth & Estate Planners
Ridge and Partners Rund Partnership
COMPANY OF THE YEAR
Sponsored by Tetra Tech
To be announced
The number of vehicles manufactured in the UK fell sharply in April, as US tariffs and the timing of Easter hit production. The 59,203 vehicles made was the lowest April output for more than 70 years, with the exception of 2020, when production effectively stopped during the Covid lockdown.
The Society for Motor Manufacturers and Traders (SMMT) said a wider change in the industry, as it shifts from petrol cars to electric vehicles (EVs), had also temporarily reduced output. However, new trade deals with the US, EU and India may help boost upcoming production, the industry group said.
Ryanair boss Michael O’Leary is on track to pocket bonuses worth more than €100m in what could reportedly mark one of the biggest pay-outs in European corporate history.
It comes after shares in the budget airline closed above €21 (£17.65) for a 28th consecutive day up to May 29th, meeting a key performance target. Mr O’Leary will have the option to receive 10 million shares worth some €111.2m (£93.3m), provided he stays with the airline until the end of July 2028.
The UK economy is forecast to grow slightly more than previously expected in 2025, but the International Monetary Fund (IMF) has warned that the Chancellor must stick to her rules on tax and spending.
Millions of people are walking a financial tightrope, with one in 10 UK adults saving no money at all, a major report has concluded. This leaves many exposed to economic shocks and vulnerable to rising bills, according to the Financial Conduct Authority’s (FCA) Financial Lives
survey. Moreover, anxiety and stress levels were relatively high, particularly among those burdened by debt. However, the regulator stated that the situation had not worsened since the start of the cost-of-living squeeze, and free assistance was available for those facing difficulties.
❛❛ The human obsession with purpose is merely a distraction from the absurdity of existence ❜❜
Nikoloai Gogol
In its annual health-check for the economy, the IMF predicted growth of 1.2% this year, rising to 1.4% in 2026. It said an economic recovery was “under way” after a boost in the first three months of the year. The forecast from the influential body comes just over a month after it downgraded its expectations for the UK from 1.6% in 2025 to 1.1%.
A recovery in global financial markets after President Trump pulled back from the most onerous parts of his tariff plans pushed business confidence in the UK up to a nine-month high in May. The Lloyds Bank business barometer jumped by 11 points over the past month to 50% in May, up from 39%
in the previous month to the highest point since August 2024. The rise more than wiped out April’s tenpoint decline, which was reported in last month’s Platinum Magazine. The lender attributed this to the recovery in global financial markets after Trump paused his “reciprocal tariffs” until July.
Relentless polluter, Thames Water has been hit with a £104m fine over environmental breaches involving sewage spills, after failing to operate and manage its treatment works and wastewater networks effectively.
The company was additionally fined £18.2 million for breaking dividend rules, the first of its kind in the industry. The water regulator Ofwat stated that the company had paid out cash to investors despite falling short in its service to
customers and its environmental record. Ofwat confirmed in May that it was issuing the debt-laden utility with the penalties that would be “paid by the company and its investors, and not by customers”.
❛❛ It is not true that people stop pursuing dreams because they grow old. They grow old because they stop pursuing dreams. ❜❜
Gabriel García Márquez
The energy watchdog, OfGem, has fined three companies £8m for failing to respond to some gas leak emergencies quickly enough, potentially putting the public at “serious risk”.
It said the three firms – Cadent Gas, Scotland Gas Networks (SGN Scotland) and Southern Gas Networks
Volkswagen, Europe’s largest industrial group, has said it will make a “massive” investment in the US. The group, which includes Porsche, revealed it has been in direct talks with Donald Trump’s administration as it faces damaging tariffs.
Oliver Blume, who heads the group, said the talks were “constructive” and “fair”, in an interview that suggests the company, whose market capital is £44bn, is not willing to leave tariff negotiations to Brussels alone. Speaking to Süddeutsche Zeitung, Blume said he had been to Washington himself and had a direct line to the US commerce secretary, Howard Lutnick, but had agreed to keep details of the talks confidential.
One cent coins will stop being produced in the US next year, the Treasury Department has confirmed. It marks the phasing out of the coins, commonly known as pennies, which have been in circulation since 1793. President Donald Trump told Treasury Secretary Scott Bessent
(SGN Southern) – were fined after missing callout targets that require them to attend suspected gas leaks within one to two hours in 97% of cases between 2022 and 2023. Ofgem said the fines would be paid into the regulator’s voluntary redress fund “in acknowledgement of the potentially serious risk to the public in failing to meet these targets”.
HSBC has informed staff in its UK high-street banks that they may have their bonuses reduced if they do not work in the office frequently enough. Those who did not spend at least 60% of their time in the office could face reduced pay, according to a report by Bloomberg. It is the latest bank to harden its stance on remote working. In January, the rival bank Barclays ordered most of its staff to work from the office for at least three days a week, up from a previous requirement of two days. Last year, Santander told employees they must be in the office for at least three days a week.
in February to stop minting the coins, calling them “wasteful”. There has been a long debate over the cost and usefulness of pennies in the US. Over the past decade, the cost of producing it has increased from 1.3 cents to 3.69 cents per coin, according to the Treasury.
By Amin Taheri, R&D Technical Manager, Kreston Reeves
As the UK’s Research and Development (R&D) tax relief scheme continues to evolve, many companies remain uncertain about how recent changes will affect their claims. While the landscape has undoubtedly shifted, there is still significant value to be gained.
The recent turbulence is beginning to settle, and we are well-positioned to advise clients through this new phase with confidence and clarity.
March 31st 2025 marked the end of the first full year under the “new merged scheme” for R&D tax relief. Under these rules, the former SME and RDEC regimes combined into a single framework for most businesses, regardless of their size. In the merged scheme, a 20% credit is available, equivalent to approximately 15% net benefi t after Corporation Tax.
The exception to this is for loss-making, R&D-intensive SMEs, which continue to qualify for the Enhanced R&D Intensive Support (ERIS) scheme, which was introduced from April 1st 2023. An “intensive” SME is one whose qualifying
R&D spend represents at least 30% of total expenditure. ERIS claimants retain access to roughly 27% net benefi t, supporting early-stage and research-driven ventures.
In both cases, overseas subcontractor and externally provided worker costs generally no longer qualify for relief unless strict exemptions apply, for instance, where the skills or facilities are not available in the UK.
On a more positive note, the new scheme enhances the ability to claim for contracted-out R&D. The more generous rules previously reserved for SMEs now apply to all, removing the earlier restriction that payments must be made to individuals or ‘qualifying bodies’.
On this point, the recent HMRC’s guidance at CIRD84250 marks a shift from the previously harsh interpretation that any activities carried out to fulfil a contract are automatically considered contracted-out R&D. It makes clear that the terms of the contract are not the sole factor to be considered, which helps avoid situations where R&D clauses imply contracted-out work, but other factors indicate otherwise.
❛❛ The new scheme enhances the ability to claim for contracted-out R&D. The more generous rules previously reserved for SMEs now apply to all... ❜❜
❛❛
HMRC also confirms that there is no definitive test to determine whether R&D has been contracted out and which party or parties would ultimately have the right to claim ❜❜
HMRC also confirms that there is no definitive test to determine whether R&D has been contracted out and which party or parties would ultimately have the right to claim. Instead, a set of weighted factors will be considered. The most significant of these is whether the R&D is incidental to the supply of a product or service under the contract. Other key considerations are the degree of autonomy in conducting the R&D, the level of financial risk assumed, and the retention of intellectual property, although less weight is placed on the retention of ‘know-how’.
For accounting periods beginning on or after April 1st 2023, companies may be required to notify HMRC of their intent to claim R&D relief within six months of the end of their period of account. For a December 31st 2024 year-end, the deadline falls on June 30th 2025. Notification is required either when making a claim for the first time or if the last claim was submitted more than three years before the notification deadline.
Claims made via amended returns may not satisfy this requirement.
Notification involves entering basic claim details through HMRC’s dedicated portal. This early step ensures HMRC records your claim before the full tax return is filed. Missing the deadline can lead to the rejection of an otherwise compliant claim, as the relevant legislation does not give HMRC any discretion.
Given the tight timeframe, specialist advice is invaluable to ensure notifications are accurate, timely and preserve full eligibility. Care should be taken when making a notification. Making an error on the form could invalidate a future claim. In particular, HMRC is reportedly rejecting claims if a notification is made for a specific accounting period, and then the company’s year-end is subsequently changed, meaning the notification and claim periods will not match.
to withdraw claims for commercial reasons, we successfully negotiated penalty-free settlements.
❛❛ Despite lower headline rates and tighter eligibility rules, R&D tax relief remains a valuable incentive for driving innovation. ❜❜
HMRC enquiries are on the rise, particularly in complex areas such as software development. However, our experience shows that successful outcomes are achievable. In recent months, we have consistently defended the full value of claims, and in cases where clients chose
These results reflect the strength of our support and our proactive approach to managing risk. By working closely with our internal corporate tax and technical specialists, we help clients prepare robust, well-supported submissions.
Our enhanced process builds on previous successes and aims to reduce the likelihood of future enquiries. Through our specialist R&D service line, we offer strategic guidance across every stage of the claim for clients in a wide range of sectors.
Despite lower headline rates and tighter eligibility rules, R&D tax relief remains a valuable incentive for driving innovation. The merged scheme’s
‘above-the-line credit’ is reflected in the company’s P&L, enhancing transparency and allowing companies to present R&D activities as an operating benefi t. That clarity is valuable during fundraising, audit reviews and sales processes. ERIS continues to offer cash credits to loss-making, R&D-intensive SMEs, supporting high-risk research phases.
Beyond the immediate cash benefi t, the scheme offers strategic advantages. Qualifying projects can be highlighted in annual reports to reinforce a firm’s commitment to innovation. Internal planning can leverage estimated relief to allocate budgets more effectively. In competitive markets, demonstrating a strong R&D track record, backed by tax relief, can differentiate a business and support growth objectives.
Navigating this new environment requires both technical knowledge and strategic insight. Our team brings a combination of experience, specialist expertise, and a client-focused mindset to help you adapt to the changes, protect your claims, and secure the best possible outcome.
Whether you are preparing a new claim, ensuring you meet the notification deadline, or responding to an HMRC enquiry, we are ready to assist. We understand the complexities of the regime and will work with you every step of the way to ensure you are well-positioned to succeed.
If you would like to discuss how these changes might affect your business or need support with your next steps, please get in touch with Amin Taheri, R&D Technical Manager.
Call: +44 (0)33 0124 1399
Email: enquiries@krestonreeves.com Visit: www.krestonreeves.com
Your business reflects years of hard work, dedication and passion. You’ve built something you’re proud of, and you might be starting to plan for the future. You might be considering whether it’s time to sell or are simply curious about what your business might be worth.
Before you sell, it’s important to take a step back and assess where your business is today versus where you want it
to be in the future. Taking the time to align your business financial goals with your personal financial aspirations can make a significant difference for your future and help decide when and how much you sell your business for.
CONSIDER WHAT MATTERS MOST Life moves fast, and it’s easy to get caught up in the daily demands of running a business. However, pausing to
reflect on what matters most to you— and your family—is essential.
Ask yourself:
• Does my business still align with my long-term personal goals?
• Are there changes I could make today that would have a lasting impact on my future?
• How is my work-life balance?
• How do I envision life after selling or retiring from the business?
• What legacy do I want to leave behind—not just through my business, but for my family, values, and longterm vision?
Thinking through these questions can help you identify gaps and opportunities within your personal and professional goals.
HOW MUCH CAN I SELL FOR?
Naturally, every business owner wants to know what their business is worth before deciding to sell. We can provide a simple, free snapshot of how your business would appear to potential buyers right now. We’ll also help you understand how to structure your exit to minimise unnecessary tax costs.
READY TO SELL? HERE’S WHAT COMES NEXT
Once you decide to move forward, setting up the right team for your exit is
❛❛ Before you sell, it’s important to take a step back and assess where your business is today. ❜❜
key. You’ll need to:
• Understand your business’s current value.
• Identify growth opportunities that could boost your valuation.
• Consider your desired selling price.
For most business owners, we recommend starting your exit planning around five years ahead of your ideal retirement or sale date. Some important questions to think about include:
• Will your family inherit any part of the business?
• Would you consider a management buyout—through a sale of assets or company shares?
• If you own shares, do you intend to retain some after retirement?
• How can you organise your business and personal finances now to create a more secure, tax-efficient future?
We understand how demanding running a business can be. That’s why we’re here to provide clarity and support.
Let’s work together to ensure your business and personal financial goals are aligned, so you can move forward with confidence.
Business exit strategies may include the referral to a service that is separate and distinct to those offered by St. James’s Place.
Call: 01306 742200
Email: hjpcfp@sjpp.co.uk
Website: hjpcfp.com
HJP Chartered Financial Planners is an Appointed Representative of and represents only St. James’s Place Wealth Management plc (which is authorised and regulated by the Financial Conduct Authority) for the purpose of advising solely on the group’s wealth management products and services, more details of which are set out on the group’s website http://www. sjp.co.uk/products. The ‘St. James’s Place Partnership’ and the titles ‘Partner’ and ‘Partner Practice’ are marketing terms used to describe St. James’s Place representatives.
HJP Chartered Financial planners is a trading name of HJP Wealth Management Ltd. which is registered in England & Wales. No.10490173, registered office: 176 South Street, Dorking, Surrey, RH4 2ES .
SJP approved 23/05/2025
By Chris Gleeson and Mark Diamond, Partners, Corporate, DMH Stallard
Please note that this article is for informational purposes only and does not constitute tax advice. Independent tax advice should be taken.
An EOT is a type of employee benefit trust established to purchase a controlling interest in the share capital of a company and to hold it for the benefit of that company’s employees. The EOT will be established by the target company and then run by trustee(s), often a corporate trustee.
The target company must be a trading company or the holding company of a trading group to qualify for an EOT transaction.
Sales to EOTs are becoming increasingly popular in the UK market. According to figures from the Employee Ownership Association as of March 2025:
• There are approximately 2,250 employee-owned businesses in the UK.
• In 2024, more than 500 businesses moved into employee ownership.
In an economic downturn, when opportunities for business owners to sell to trade buyers or management teams are decreasing, a sale to an EOT may be a viable alternative. EOTs also offer tax advantages for the seller(s) and the employees of the target company.
The sale of shares to an EOT is treated as a disposal at no gain and no loss for Capital Gains Tax (CGT) purposes. As such, no CGT would be paid by the sellers on the price of their shares. This is subject to the disposal satisfying the qualifying conditions and there being no disqualifying event post-completion. By contrast, a seller who sells to a third party would be subject to paying CGT, likely at a rate of 24%, or 14% if Business Asset Disposal Relief is available.
A company owned by an EOT can pay bonus payments of up to £3,600 per employee per tax year, which are exempt from income tax, provided certain requirements are met.
❛❛ Sales to EOTs are becoming increasingly popular in the UK market ❜❜
The EOT is created by the target company (the settlor) and the trustee(s), who enter into a trust deed to establish the EOT and outline its key rules.
A sale and purchase agreement is then entered into between the trustee(s), as
❛❛ When initially established, the EOT will not have any assets, and will need funding to cover the purchase price. ❜❜
purchaser on behalf of the EOT, and the seller(s), whereby the seller(s) transfer in excess of 50% of the shares in the target company (a controlling interest).
Purchase price:
• The trustee(s) will be obliged to ensure the purchase price represents a fair value for the shares being purchased. Accordingly, an independent valuation of the company is advisable prior to completion.
• Typically, the purchase price is paid by the EOT, with a portion paid upon completion and the balance paid over a period of months or years following
completion. This is known as ‘vendor finance’.
Warranties and indemnities:
• Warranties regarding title, capacity, solvency, and valuation of the target company are typically provided by the seller(s).
• Unlike with a trade sale, commercial warranties and indemnities are likely to be limited in scope. This means the due diligence and disclosure process is likely to be considerably less onerous for an EOT transaction when compared to a trade sale.
When initially established, the EOT will not have any assets. The EOT will need funding to cover the purchase price. This can be achieved in a number of ways:
1. Where the company has sufficient reserves, it can make gifts or contributions to the EOT, which the EOT can use to pay the purchase price. In this situation, the company’s profitability is indirectly being used to fund the purchase of the seller(s)’ shares.
2. It may be possible for an EOT to borrow money from a third party, such as a bank. The bank will typically require security when making funds available, which will likely require support from the target company.
3. The company could borrow money from a third party, such as a bank. The company could then use this money to make gifts or contributions to the EOT, as described in option one above. Again, the security position required by the bank would need to be taken into consideration.
We have typically seen companies and EOTs utilise option one above, at least for a first instalment of the purchase price. Where companies have built up levels of reserves, these reserves may be gifted to the EOT, allowing the EOT to make the first instalment payment to the seller(s).
EOTs require careful tax advice, and it is therefore essential to engage accountants or tax advisers experienced in working on EOT transactions.
As previously mentioned, the sale to the EOT will be treated as a disposal at no gain and no loss for CGT purposes, subject to the disposal satisfying the qualifying conditions and there being no disqualifying event post-completion. The EOT will pay stamp duty on the purchase price at the normal rate of 0.5%.
For the seller(s):
• NGNL and other tax advantages.
❛❛ EOTs require careful tax advice, and it is therefore essential to engage accountants or tax advisers experienced in working on EOT transactions ❜❜
• Creates an immediate purchaser where the employees may not wish to buy the shares in person, or a trade buyer is not available.
• Addresses succession issues if there is no one in the family / management willing or able to continue to run the business.
• Avoids selling to a competitor or other third party who may be undesirable for the employees and/or directors.
• Allows a partial exit for a majority where minority shareholders may not be willing to sell their shares (the EOT only needs to acquire a controlling interest).
• Motivating for employees – and therefore good for the business – they are able to take a more active interest and feel invested in the company.
• The sale process is likely faster and simpler than if a third party were involved.
• Can complement an existing share scheme.
For the employees:
• Employees feel empowered to act in the best interests of the company.
• Many EOTs have an employee representative as trustee/director of the corporate trustee, giving the employee group input in the running of the business.
• The board is more likely to be open and transparent about the company’s financial performance.
• The company is still able to introduce share incentive schemes for the employees.
• Employees may be paid tax-advantaged bonuses of up to £3,600 per employee per tax year.
The corporate team at DMH Stallard has the experience to guide you through the process of establishing an EOT and selling your shares to it. We have the legal knowledge and expertise to help you consider the various factors, including appointment of trustees, liaising with tax advisers, creating the documents required for the EOT transaction, and guiding you through the process.
If you have any questions about the above or would like to discuss EOTs more generally, please contact Chris Gleeson or Mark Diamond or call 03333 231 580.
Welcome to this series for business owners, where myself and my team aim to demystify the corporate market and highlight trends in a nontechnical manner
Jonathan Grant Partner and Head of Corporate
As demand grows for succession plans and business exits across the South East, many founders and business leaders are considering sale or private equity investment as a way to provide their business with a route for growth, and allow them to de-risk. While investors are focused on revenue multiples, leadership continuity, and cultural fit, business risk can damage a deal. Given the reputational and revenue impact, Cyber risk now has the potential to damage or even destroy a carefully engineered deal.
Because cyber risk is still relatively new for many businesses, it is not always taken seriously. This is not something which can be easily fixed during a diligence process; it needs to be in place before the deal starts.
This was brought home during a recent MD Hub group session, where Russ McKenzie of NTrust voiced his surprise that many business owners still don’t take cyber threats seriously. “If there’s one issue that can simultaneously damage revenue and reputation,” he said, “surely this is it.”
It’s a timely warning. You only need to look at the news or try to order online
from one of the UK’s most famous brands to realise the impact this could have; three months’ loss of online profits would have a huge impact on any business. Cybersecurity is no longer a back-office concern—it’s now a front-line issue in due diligence. For larger firms with internal IT teams, the risk is often managed through firewalls, compliance protocols, and employee training. But smaller businesses, especially those preparing for sale or succession, may be dangerously underprepared.
The consequences are real. A data breach before or during an M&A process can significantly reduce buyer interest or lead to additional scrutiny, delayed timelines, costly remediation demands or loss of the deal. Worse still, it can trigger regulatory fallout or reputational damage when the business needs to appear stable and secure.
And yet, cyber is often ignored in pre-sale planning. Founders focus on financial performance and customer relationships—critical, of course—but underestimate the buyer’s concern with operational risk. Today’s acquirers want assurance that they’re not inheriting hidden vulnerabilities, whether technical or cultural.
FOR SUCCESS IN A RISK
If your business is planning a future sale or succession, cybersecurity should be on your list of priorities. It’s worth remembering that M&A is rarely just about numbers. It’s about trust, readiness, and reputation. And nothing undermines those faster than a cyber incident. Whether you’re aiming for a strategic merger, private equity investment, or a founder exit, overlooking cyber risk is no longer an option.
The market in 2025 is good, and we are completing some high-quality deals for our clients. DMH Stallard has a team of seven regional M&A Partners operating across the South East, and we are all busy. One of the key factors we see in deals is that buyers/investors are riskaverse, focusing heavily on diligence.
If you would like to discuss putting an employee share scheme in place, please contact Jonathan Grant by email
E: Jonathan.Grant@dmhstallard.com
BlackRock is the world’s largest investment company. Its assets are as vast as its value.
Larry Fink sits on top of this New York-based pile. As an experienced economist and investor over the past 50 years, when Larry talks, people listen.
And Fink’s latest utterings are a surprise to some, and a much-needed boost to others...
UK
Platinum looks closer at what he means by that, plus how, in championing the UK, he risks the ire of his own President.
BlackRock, the world’s largest investor, has been buying billions of pounds of UK assets that it believes are “undervalued”.
Larry Fink, chairman and chief executive of BlackRock, has revealed that the fund manager has been building positions in UK assets “across the board,” having been reassured by the early rhetoric from the government of Sir Keir Starmer.
“We have allocated more capital back to the UK tactically now with the belief that in the short run, the new administration is trying to tackle some of the hard issues,” he told The Times. “I think the prime minister is articulating the needs of what we have to do.”
He added that he was more confident about the investment prospects for the UK than this time last year, at the tailend of Rishi Sunak’s administration.
BlackRock manages $11.6 trillion on behalf of pension funds, retail clients, and sovereign wealth funds. It has approximately £570 billion of UK assets, including investments in shares, bonds, and infrastructure such as Gatwick Airport.
Fink, 72, said he was reassured by what he said was “a capitulation moment” across Europe — including in the UK — where governments recognised that their problems were so severe that there had to be a change of path and more emphasis on growth.
“It just resonated with me — that there are so many fundamentally strong attributes about the UK and Europe and they’ve been so smothered by over-regulation, by too much control,” he said. “And to me, it was just very clear we were at a capitulation point.”
❛❛ Fink added that he was more confident about investment prospects for the UK than at the tail-end of Rishi Sunak’s administration. ❜❜
He pointed to the increased speed of decision-making at the Competition and Markets Authority as an example of a more pro-growth agenda in Whitehall. “I don’t know what’s changed it, but it’s a good change.”
He also said that one of the attractions of UK assets was that they
were so cheap. “So many of the UK stocks’ discounts were too deep, especially in the banking system. Look at the rebound in the valuations of NatWest and Lloyds and how they bounced.” St James’s Place, another FTSE 100 stock, was another “excellent rebound”, he said.
“We added to our positions across the board with the idea that we believe the market was discounting too much negativity,” Fink said. “And we believe the negativity was probably not warranted.”
He acknowledged that some British business leaders were not so confident, discouraged by the government’s recent imposition of higher employers’ National Insurance payments and the pushing ahead of legislation to increase employee rights.
“I’ve heard that message, but I’m looking at the bigger macro picture and, you know, there are so many opportunities investing in infrastructure here in this country.”
“Markets are telling us that we could see recession [in the US] in the short run,” Fink said. “And markets are also now becoming a little more fearful that we’re going to see rising inflation.”
‘FRIGHTENED’ MONEY IS BEING WASTED
Sitting below an Edward Seago painting of Battersea Power Station, Fink is extolling the virtues of investing in infrastructure. “There are so many opportunities here in this country,” says Fink. “Too much ‘frightened’ money was sitting unproductively in bank accounts when, with a bit more optimism, it could be channelled into projects such as power grids, railways or AI data centres,” he says.
❛❛ There’s so much greater uncertainty… but our job is to look through the chaos and find opportunities. ❜❜
Larry Fink’s reaction to President Trump’s economic policies
LARRY FINK – IN BRIEF
Laurence Douglas Fink was born on November 2nd, 1952) in Van Nuys, California. He grew up as one of three children in a Jewish family. His father owned a shoe shop, while his mother was a Professor of English.
He earned a BA in political science from UCLA in 1974. He then received an MBA in real estate at the UCLA Anderson School of Management in 1976.
He is now a billionaire businessman, and co-founder, chairman and CEO of BlackRock, an American multinational investment management corporation. BlackRock is the largest money-management firm in the world with more than US$10 trillion in assets under management.
In April 2024, Fink's net worth was estimated at US$1.2 billion, according to Forbes.] He sits on the board of the World Economic Forum. In 2025, Time magazine listed him as one of the world's 100 most influential people.
sit on, with the UK authorities needing to be faster than that today. “There’s an urgency to make these decisions so we can then get the economy unlocked and we can put more investment dollars to work,” Fink says. “If you know you have to wait one year to get a decision versus five years or ten years, it really transforms the investment return.”
In a wide-ranging interview he gave to The Times, Fink described the market volatility created in the past few weeks by President Trump’s unpredictable plans for tariffs and his attacks on the US Federal Reserve chairman, Jerome Powell, as chaos. “There’s so much greater uncertainty… but our job is to look through the chaos and find opportunities.
The painting, which adorns the wall of the meeting room on the 13th floor of the BlackRock office in the City of London, is a reminder of the long-term nature of investment. Construction of Battersea started in 1929, while the final phase was not completed until 1955.
It’s not the kind of timeline Fink likes to
He was in London to investigate opportunities, and he sees plenty of them. He’s unrattled for a man who has seen 15%, or about $19 billion, wiped from the value of his fund management company in the past two months as markets have been sent diving by the unpredictable President Trump.
The present market turbulence, which he believes reflects growing fears of a recession and ris -
ing inflation in the United States, may not matter in the short term, but will if it continues.
“One day doesn’t matter. One week doesn’t matter. Over time, it will start to matter. That’s why I love markets: they don’t lie. They may be wrong. Markets can always be mistaken in the short run, but in the long run, they’re never wrong.
“Markets are bigger than anybody. Markets are bigger than any one country ultimately. And so, to me, the markets are the true barometer, especially for economies that are based on deficit financing, such as the UK and the United States.
Currently, the markets are indicating that the US may experience a recession in the short term, along with rising inflation, he says. Tariffs will be inflationary, as will inwardly relocating manufacturing to the US and shutting the borders to immigrants.
❛❛ Tariffs will be inflationary, as will inwardly relocating manufacturing to the US and shutting the borders to immigrants. ❜❜
The key, he says, is looking through the noise. “I keep on trying to tell everybody at BlackRock, with chaos comes opportunity. So let’s look beyond the noise. And there’s a lot of noise.”
“We’ll see how this all plays out over the next six to eight weeks [when relevant inflation figures start to be published]. Are we going to see a spike in inflation?” He leaves the question unanswered,
but is worried that no one has adequately addressed the costs of rising protectionism. “Populism is inflationary,” he adds.
A modest move towards protectionism may have some validity, but the move to higher tariffs was being made in such a radical and rapid manner.
Asked whether President Trump’s attacks on Jerome Powell, the independent chairman of the US Federal Reserve, damaged the US, Fink said: “Let’s say in the short run it doesn’t feel right. It doesn’t feel good. The most important thing is for BlackRock to make sure we’re above all that. Our job is to work with our clients above all else.”
Trump said recently that Powell, whom he appointed initially, was “a loser” and
“his termination cannot come too soon” (such infantile vernacular), sending US stocks and the dollar plummeting. Still, he later rowed back, saying he had “no intention” of firing him.
A convert to the potential benefits of cryptocurrencies, Fink says he is “disappointed” by how they have behaved in the past few weeks. “Bitcoin is a fear asset. You own it because you’re frightened of the debasement of your currency. And there’s a lot of fear of the debasement of currency right now. So, you would have thought that bitcoin would have rallied quite a bit.” It hasn’t, or at least not until recently.
He is relieved that Trump has not thus far acquired crypto for US reserves. Fink believes that would be dangerous. “If we ever, if the world ever, believes that there is a better alternative than the dollar as a reserve currency then the dollar sanctity is in trouble.”
Perhaps surprisingly, Fink considers birth rates to be a key economic indicator. “There’s still a lot of money sitting
❛❛ You always invest against the consensus of Davos. You go to Davos to learn consensus. You invest against it and you make money ❜❜
in bank accounts. If we could translate that into optimism, and put that money back into building out infrastructure here in the UK and in Europe, we could build a better future for our young people and rebuild hope.
“The best expression of hope is birth rates. Let’s be clear, more and more
people are having smaller and smaller families. Why is that? It’s not just because they’re hedonistic. There’s less hope.”
At the start of the year, business leaders and bankers at the annual meeting of the World Economic Forum lined up to heap praise on Trump and his promises to usher in a new golden age of deregulation and lower taxes. Fink was one of the few to strike a more cautious note.
“You always invest against the consensus of Davos. You go to Davos to learn consensus. You invest against it and you make money. I came away thinking there was too much enthusiasm towards the US; not enough focus on other places in the world. That’s what I said. We had two record years for the stock market. And everyone was saying we’re going to have a third. That doesn’t happen that often.
“There was just so much enthusiasm. Once it’s a consensus, you know it’s wrong.”
By Marwa Hadi-Barnes, Partner, Mayo Wynne Baxter
As we approach the summer school holidays, many families are planning their time away, often abroad and are looking forward to spending quality time with their children.
For those parents who have separated, the experience can sometimes be a stressful one. As family lawyers, we are often asked the following questions:-
1. Do I need the other parent’s permission before I take my child out of the country on holiday?
This depends on whether a court order is in place.
If there is a court order providing that the child lives with you, you can take your child out of the country for periods of one month or more without the other parent’s permission. However, you must always be mindful not to breach the order by ensuring these periods do not infringe upon the time the child has been ordered to spend with the other parent.
without the permission of everyone with parental responsibility. If you do, you are likely to be regarded as “abducting” your own child.
2. Who has parental responsibility?
Mothers automatically have parental responsibility.
Fathers have automatic parental responsibility in respect of children born after December 1st 2003, where they are named on the birth certificate or if they have been married to the mother. Fathers also acquire responsibility if they are named on the court order as having the child living with them.
❛❛ Usually, within court orders, provisions are made for holidays, which provide certainty for both parents. ❜❜
If you do not have parental responsibility and wish to acquire this, there are ways in which this can be done, and it is important that you obtain legal advice.
nate their leave and then determine what other assistance they may require, such as help from family, including grandparents, or holiday clubs.
Usually, within court orders, provisions are made for holidays, which provide certainty for both parents.
If there is no court order in place, neither parent can take their child abroad
3. What about holidays in the UK or arranging to share the time the children have off school generally? Do you have any tips?
It is essential to communicate effectively with the other parent. The reality is that when both parents are working, they need to work together to coordi -
If this is difficult to do directly, then consider involving a third party to assist with the discussions. Utilising parenting apps designed for separated parents can also be helpful, and these apps can be used to communicate with the other parent and simplify the schedule as much as possible.
Planning is key. School holiday dates are often published over a year in advance, so there should be plenty of time to plan how the holidays are to be shared.
If you plan to take your child away, being open about the trip and sharing details
❛❛ School holiday dates are often published over a year in advance, so there should be plenty of time to plan how the holidays are to be shared. ❜❜
will help reassure the other parent. Sharing details of the flight, accommodation and providing a contact number is important. A parent may also wish to schedule some FaceTime or phone calls between the child and the other parent during the time away.
4. If I am unable to reach an agreement with the other parent, what options are available to me?
If arrangements cannot be made between parents as to who is having the children and when, including during school holidays and on special days such as Christmas and birthdays, then it is important you obtain legal advice.
There are a number of methods by which you can attempt to resolve the issues in dispute without resorting to the involvement of the court.
Alternatives to family court include mediation, collaborative law and arbitration. These can provide a more fl exible, less acrimonious approach to agreeing the holiday arrangements.
If this is not successful, court proceedings may ultimately be required. If you do wish to take your child on holiday, then it is important that this subject is brought up with the other parent as early as possible. Not only will planning be less stressful and provide certainty, but it also ensures that if court proceedings need to be issued, they can be done so in plenty of time.
If you need any assistance with a family law matter, please do not hesitate to contact our experienced family team at Mayo Wynne Baxter on 0800 84 94 101. We have team members who can advise you as to the best possible ways to resolve matters.
Marwa Hadi-Barnes (Family) Partner mhadibarnes@ mayowynnebaxter.co.uk
By Paul Bates, Managing Director, Cleankill Pest Control
The big-hearted staff at Cleankill Pest Control have been walking or are planning walks to raise money for worthy causes.
A stellar group of individuals have come together to raise money for a muchloved Cleankill Pest Control employee who sadly passed away this year.
Tony’s wife Sarah has assembled a team of his friends and family (nicknaming themselves Tony’s Supergirls) to take part in a midnight walk on June 7th to raise money for St Catherine’s Hospice, Pease Pottage, just outside Crawley. Not only does this walk under the stars raise money for an amazing cause, but it is also a chance for friends and family to come together and remember their loved ones.
St Catherine’s Hospice provides expert care and support for patients and their families living with a life-limiting condition. They cared for Tony in his final stages of his fight against cancer. His friends and family have said the care and love the hospice gave to Tony and his family was “unbelievable and fantastically lovely.”
Tony was a loving husband, brother, uncle, amazing friend and incredible father to three boys. He worked for Cleankill for over 10 years and was a much-loved employee and friend. His work colleague Martin recalls: “I met Tony three years ago and knew very quickly that we would be firm friends, which we were, inside and outside of
work. Anybody who met him loved him - he was a funny, lovable guy with a cheeky smile. He made every day a great day to be at work and was a very experienced employee of Cleankill. Away from work, he loved nothing more than spending time with Sarah and the
boys.” Tony was diagnosed with cancer and received treatment to fight it, but he sadly passed away on February 15th 2025.
Tony’s Supergirls will be taking on the 13-mile route on June 7th. When talking
❛❛ Tony was a loving husband, brother, uncle, amazing friend and incredible father to three boys. He worked for Cleankill for over 10 years and was a much-loved employee and friend. ❜❜
about his Cleankill colleague, Martin concluded: “He will always be with everyone who knew him. To Tony – we all love you and miss you. You are forever in our hearts.”
In the meantime, two Cleankill colleagues have been raising money for the Royal Marsden. Administrator Stephanie Douch and Surveyor Josh Bates walked the 15 miles between The Royal Marsden in Chelsea and the Royal Marsden in Sutton.
Josh explains: “In an attempt to give back and help those who have it a lot worse, my best friend James SangerBrown and I completed the walk to thank the staff who have looked after me over the past year.” Josh and James raised their target amount of £650.
Stephanie walked with her brother-in-law and sister-in-law to raise money for her father-in-law who is being treated at the Marsden for prostate cancer. She said: “It’s the first time I’ve done anything like that and it was quite a challenge, especially as it was the hottest day of the year so far!” The team raised an incredible £1,350.
Stephanie’s colleague Josh (left) also joined in on the walk
Award-winning Cleankill Pest Control specialises in providing commercial and residential pest control services across London, Surrey, Kent, Sussex, Hampshire, Bucks, Bristol and the rest of the country.
For many, Morocco conjures images of bustling souks, spicy tagines, and the hypnotic call to prayer echoing from minarets as the sun dips below the horizon. But once you've decided on Morocco, another decision may follow: Fes or Marrakech?
I've now wandered both, lost in the medinas, drunk mint tea from questionable glasses, and woken to the rhythm of the cities. If you’ve been to Marrakech, you know its intoxicating pulse – crazy, chaotic and endlessly stimulating. Where Marrakech is flamboyant, buzzing with activity, and even theatri-
cal, Fes is its quieter, slightly reserved sibling. There’s a gentleness to Fes, an unhurriedness that allows you to sink into the rhythm of daily life rather than race through a bucket list itinerary. The city doesn’t try to perform for you, it simply is. Fes doesn’t shout. It hums.
The Fes medina, Fes el Bali, is the oldest in the country and a UNESCO World Heritage site. Wandering its labyrinthine alleys feels less like sightseeing and more like stepping through time. It’s a place of subtle beauty with fading mosaics on ancient walls, the soft clatter of donkey’s hooves as they still
❛❛ Where Marrakech is flamboyant, buzzing with activity, and even theatrical, Fes is its quieter, slightly reserved sibling. ❜❜
haul goods through narrow alleys (the medina is said to be the largest car-free urban area in the world which is probably why Fes’ air is noticeably cleaner than that of Marrakech).
There are also traditional leather tanneries, equal parts fascinating and pungent. What you won’t find, at least not as much of, is the same frenetic energy that often defines Marrakech.
Don’t get me wrong, I love Marrakech. Its rose-hued walls, the manic whirl of Jemaa el-Fnaa, the sweeping gardens and opulent riads dripping in luxury. But where Marrakech can, at times, feel like it’s performing for tourists with its polished boutiques and designer-draped courtyards, Fes remains unapologetically itself. Fewer Instagrammers, more scholars (it is locally known as the city of scholars); fewer rooftop cocktail
bars, more mint tea in mosaic-tiled courtyards.
And the people; gracious, curious, and a touch more reserved than their Marrakech counterparts. Time and again, when I hear reservations around Morocco, it is about the hard sell, which, I have to say, is slowly improving across the board. But in Fes, there is naturally less of it and fewer demands for your attention. Instead, Fassis (yes, I had to Google that) welcome you with a nod, an invitation to look and to chat.
Accommodation in Fes is a treasure hunt in itself. You won’t find the fantastic super-lux hotels of Marrakech, but what you will find are lovingly restored riads that echo with history. Many are still family-owned and run with genuine warmth and care. Our stay at Riad Amira Hotel had my imagination conjuring what it
❛❛ Fes and Marrakech are not rivals. They are, in a way, two sides of the same Dirham ❜❜
must have been like only a few years previously, when a wealthy family of around thirty people still called it home.
Of course, Marrakech has its magic. The luxury spas and world-class restaurants. The ochre glow of the city at sunset. The electric hum of Jemaa el-Fnaa at dusk, with storytellers and snake charmers vying for your gaze. It’s a city that never lets you sit still for long, always pulling you into its orbit.
But Fes? Fes lets you wander. It’s a place for travellers, not tourists. For those who’d rather sip their coffee while watching a calligrapher at work than pose for Instagram under a canopy of lanterns. For those who don’t mind getting lost,
knowing that every turn might lead them to a hidden courtyard or a crumbling medersa adorned with mosaics.
Dining in Fes is equally understated. You’ll find family-run eateries serving what tastes like home-cooked meals. Don’t come expecting chic rooftop fusion, though there are a few new places inching in that direction, but instead, lean into the homeliness.
Ultimately, Fes and Marrakech are not rivals. They are, in a way, two sides of the same Dirham. Marrakech is the flirtatious, seductive one, all colour and drama and craziness, while Fes is the quiet thinker, the old soul who invites you in, then tells you its secrets slowly.
❛❛ Once loaded with fuel and passengers, it passes three tonnes. Remarkably, the car feels lighter than its predecessors, almost nimble, and this is a feat of engineering in itself. ❜❜
By Maarten Hoffmann, Motoring Editor
The third generation of the eponymous Range Rover Sport, launched in 2005, was at the forefront of fast SUVs. Now the market is swamped with them, and the Sport has a battle on its hands –but one that it seems more than capable of winning.
As it is now a plug-in hybrid, the batteries have added to an already not-inconsiderable weight of 2,810kg; once loaded with fuel and passengers, it passes three tonnes. Remarkably, the car feels lighter than its predecessors, almost nimble, and this is a feat of engineering
in itself. The batteries will give you 20 miles of silent driving before the engine kicks in
Technology, of course, is well used in this regard - the optional handling pack offers all-wheel steering, an electronic diff, brake-based torque vectoring and Dynamic Response Pro - a 48V anti-roll system to help ensure the body stays flat in the corners, and yes – it works very well.
From a design perspective, it’s a very handsome car - all smooth, rounded edges and sleek incorporation of all the required furniture, such as lights, door handles and grille. The changes are subtle but cleverly enough done to instantly mark it out from the previous model, and to make current owners pine for the sleek new model.
The interior is superb with the silky leather (or is it?) you would expect, with quite a minimalist feeling – it’s all there but not necessarily on show. Most functions have been crammed into the 13.1” screen, leaving just the climate controls to be operated manually. The infotainment system works well and pairs with the phone without drama. The seats are as good as ever, and the leather comment comes from their Ultrafabric, offering an alternative to leather, if required, for the environmentally conscious, while the massage functions will aid that drive to Madrid or a haul up Ben Nevis. Sadly, the 7-seat option has gone, and can only be found on the full-fat Range Rover.
How to make this behemoth drive with the sporty feeling you have come to expect was no easy feat, but was made easier with the talent of former Lotus and Aston Martin chassis expert, Matt Becker. He has made it feel light and sporty, and cornering is helped with the rear-axle steering. Push it too far, and the weight raises its ugly head, but in normal day-to-day driving, it is a light and nimble drive.
My car is the P460e with a 460bhp inline 6-cylinder petrol engine. However, the diesel versions are still available with a whole new range of engines that are pretty much state-of-the-art, but in electric mode, it is quite disconcerting wafting around town in a car this size in total silence.
Then there is the monster P530 with a 4.4-litre engine and 0-60 in 4.3 seconds but unless you really need that extra second, the P460e is all you will need (and you save circa £20,000) The P460e will offer 0-60 in 5.4 seconds and a top of 140mph; therefore it’s no slouch and this is all performed with calm grace whilst cosseted in the cosy cabin.
The range has shot up in cost, with a starting price of £76,000 for the entry-level D300 diesel, while at the top,
❛❛ From a design perspective, it’s a very handsome car - all smooth, rounded edges and sleek incorporation of all the required furniture ❜❜
❛❛ How to make this behemoth drive with the sporty feeling you have come to expect was no easy feat. ❜❜
you will need to shell out £119,000 for the D530. And that’s before the option list, which is considerable and all too tempting.
Competitors – well, it has a few in its price bracket, such as the Porsche Cayenne, BMW X5, Audi Q7, and Mercedes G-Class.
In all, JLR have made a pretty good fist of this car, especially when the amount of competition is taken into account. It feels light and rapid, but at no point did I feel I had pushed it too far or taken it beyond its limit. It’s as spacious as ever and will take you up mountains and across dales, but of course, you will never do that. You will waft around town and up and down motorways, and when it does snow, you can feel rightly smug that you have a car that can deal with it.
TECH STUFF
Model tested: Sport Dynamic SE
P460e PHEV
Engine: 3.0-litre twin-turbo
Power: 454bhp
Speed: 0-60 5.3 seconds
Top: 140 mph
Economy: 35 mpg
Price from: £93,145
As tested: £118,275
Now available to test drive at smart of Epsom.
Sometimes a trip is about the journey, sometimes the destination. Who you’re bringing, what you’re packing, where you’re headed: every day is different. So you need a car as flexible as you are.
With a maximum range of 273 miles for the #1 (WLTP)* and 283 miles for the #3 (WLTP)** and with a less-than-30-minute charging time^, you’ll always be quickly and confidently on your way back home, or off to your next adventure.
Alex Bailey
Pippa Moyle
Dress like you mean it
Understanding venture capital schemes
KITCHEN TABLE TO MILLION POUND BRAND
A female Founders journey
News
4 Upfront: The top international news stories involving women in business
8 In the Right Direction: Good news stories from around the world
Features
6 The Alex Bailey Column Intuition, instinct... and being believed
10 The City Girl Column
Pippa Moyle’s amazing speech from the recent Dynamic Awards
28 Spotlight
Focusing on two women who should be acknowledged more than they currently are
The world’s most successful children’s author is also one of the most philanthropic people in the country, often donating to causes she herself has been aff acted by
The number of business in the UK with women in senior management positions. Up from 95.8% in 2024. 98.3%
Success doesn’t come from what you do occasionally. It comes from what you do consistently.”
– Marie Forleo, entrepreneur, writer and philanthropist
30 Women in Engineering Day Women in STEM numbers are declining. What can be done to arrest that?
32 Dr Isabella Fox
How AI is transforming the HR sector across Europe
34 Dress like you mean it
How clothes can power your business from the inside out
12 Mary Kemp
Exclusive Q&A with the Dynamic Award winner for Women In Tech
15 Amy Knight
From kitchen table to million-pound brand: My journey as a female founder
24 Business pitches
Mark Pearson discusses what 30,000 pitches has taught him about the world of venture capital
26 Understanding venture capital schemes ... and how they might benefit you
Wellbeing
36 Costmeitc treatments
HIFU – the non-surgical facelift
Art Scene
38 ‘One of These Days’ – Kellie Miller discusses the works of Elizabeth Price
40 Tess de Klerk explores the blue-hued delights of Chefchaouen, Morocco
44 Zorba Meze & Grill, fine Turkish cuisine in Lewes
What’s On
46 A brief snapshot of art and culture across Sussex and Surrey
A warm welcome to this month’s Dynamic.
Each month, I marvel at the passion, determination and hard work that I see from the women who come across our path here at Platinum Media, and the past month has been no different. The fact is, I have to temper my own ambition of featuring each remarkable woman I know of, otherwise our magazine would be a venerable tome!
We start off with our dedicated columnists Pippa and Alex, then move on to hearing from Amy Knight who, at age 28, runs her £65 million-turnover business. J.K. Rowling’s impactful philanthropic work is highlighted in our Big Story, and from there Spotlight hears from two very brave women who are driven by their deep need to change the status quo.
Sophia Lorimer, a Dynamic Awards winner, puts in words what I think many of us intrinsically feel but perhaps struggle to express. Kellie Miller shares art by Elizabeth Price who finds her expression in sculpture, while I share my blue-hued days in Chefchaouen.
In between all of that, we bring you advice on pitching for funding, where AI is heading in HR and much more.
We hope that you enjoy Dynamic this month.
Editor, Dynamic Magazine tess@platinummediagroup.co.uk
PUBLISHER: Maarten Hoffmann maarten@platinummediagroup.co.uk
EDITOR: Tess de Klerk tess@platinummediagroup.co.uk
MOTORING EDITOR: Fiona Shafer fionaas@platinummediagroup.co.uk
COMMERCIAL DIRECTOR: Lesley Alcock lesley@platinummediagroup.co.uk
EVENTS DIRECTOR: Fiona Graves fiona@platinummediagroup.co.uk
HEAD OF DESIGN / SUB EDITOR: Alan Wares alan@platinummediagroup.co.uk
The digital bank Starling, founded by Anne Boden in 2014, has suffered a 25% drop in annual profits and said it would turn down government guarantees on £28m of Covid loans losses after conceding, in a frank admission of honesty, its own weak controls were to blame.
Starling’s handling of the government-backed bounce back loan (BBL) scheme, which was built to get money quickly to small businesses during lockdown, has been
criticised in many quarters. The scheme offered loans of up to £50,000 at 2.5% interest but carried little risk, with taxpayers picking up 100% of losses if the companies defaulted Starling’s CEO, Raman Bhatia, said the bank had proactively reviewed some of the BBLs on its books, and conceded that a tranche of loans had been granted to applicants without proper checks. That meant they were unlikely to qualify for government guarantees, which might have otherwise seen taxpayers foot the £28m bill.
Brighton-based entrepreneur Lyndsey Clay, founder of the award-winning community brand Connected Brighton, is launching a new mentorship programme in June and it’s rooted in personal transformation.
The new three-month programme, Making Waves, is designed for founders, creatives and small business owners who feel stuck, unseen, or unsure how to move forward in their work. Featuring business coaching, Clays says it’s a real-world roadmap built from her own lived experience of rebuilding a life and career from the ground up.
Independent jeweller Posh Totty Designs has moved into 33 New Road, Brighton. The restored Regency building spans three floors and will house the brand’s
50-strong team, as well as a dedicated area on the top floor for events, workshops, and a podcast studio. “After 15 years at New England House,
we faced a significant upheaval when the building was condemned, forcing us to relocate,” said Alice Cripps, founder and chief executive.
The test of civilisation is its estimation of women.”
George William Curtis
The Women and Equalities Committee (WEC) will hear from four business investors during the third evidence session of its female entrepreneurship inquiry in Parliament on Wednesday, June 4th. MPs on the cross-party committee will explore ways to unlock greater investment
for female-led businesses and how investors can provide more support for female entrepreneurs. The session will examine investment practices and biases, as well as structural barriers and funding disparities, that affect female entrepreneurs.
Men are from Earth, women are from Earth. Deal with it.”
George Carlin
The maritime sector has made welcome and measurable progress on gender diversity. According to the 2024 IMOWISTA Women in Maritime Survey, 176,820 women now work in the industry globally. However, a closer examination of the data reveals a more sobering story. Women represent just 19% of the workforce - and only 1% at sea.
Clearly, inclusion remains more aspirational than operational. And one critical piece of the puzzle remains consistently overlooked: how women’s health shapes participation, progression, and performance across maritime careers. Hosted by Your Health, Our Health, global leaders will convene on, June 4th at the Nor-Shipping Conference in Oslo, to turn awareness into action.
Business Growth Fund (BGF), a fund backed by several UK-listed banks, said it has committed £300 million ($406 million) to the Invest in Women Taskforce.
The Taskforce’s funding pool supports female-powered businesses. The latest announcement incorporates the BGF’s initial £25 million commitment to the Invest in Women Taskforce (IWT) initiative and takes the funding
pool total committee funds to more than £500 million, the Taskforce said in a statement.
The government-backed BGF, which was founded in 2011, is backed by major UK banks including Lloyds, NatWest, HSBC, Standard Chartered and Barclays. and is a private sector programme to tackle the underfunding of female founders in the UK.
The Women’s Rugby World Cup trophy arrived in Brighton as part of an England-wide tour of all eight host cities ahead of the tournament, which kicks off in August. It was on display at Brighton i360 during May.
Each stop “gives fans’ communities and grassroots rugby clubs the chance to join the celebrations and share in the excitement and build-up to the biggest Women’s Rugby World Cup ever”, a competition spokesperson said.
The Brighton & Hove Community Stadium, as it will be known for sponsorship purposes, is hosting two matches, one of which – England v Australia – is already sold out.
The right-wing majority Dutch government has published a draft bill to implement the EU Pay Transparency Directive, intending to meet the bloc-wide deadline of June 7th, 2026.
The move brings the Netherlands in line with countries like Germany, Ireland, and Poland, which have already begun adopting the Directive’s measures.
According to the International Comparative Legal Guide, it means “The Dutch government has vacated the Brussels naughty step with the recent publication of a draft bill.’
The bill, formally titled Wetsvoorstel implementatie richtlijn loontransparantie, (Bill for Implementation of Wage Transparency Directive), includes several transparency and reporting mechanisms designed to reduce the gender pay gap, albeit only the obligatory ones.
Feminism isn’t about making women strong. Women are already strong. It’s about changing the way the world perceives that strength.”
GD Anderson
A woman from Surrey has become the oldest person in the world, at the age of 115 and 252 days.
Ethel Caterham, who lives in Lightwater, Surrey, reached the milestone following the death of Brazilian nun Sister Inah Canabarro Lucas, aged 116 on May 1st.
Ms Caterham was born on August 21st 1909 and is the last surviving subject of Edward VII. Celebrating her 115th birthday in August 2024, she said she “didn’t know why there was all the fuss”. She said the secret to her longevity was “never arguing with anyone, I listen and I do what I like”.
Guinness World Records has confirmed the new record.
Loughborough University officially launched its groundbreaking Women in Sport Research and Innovation Hub – underpinning its commitment to accelerating growth and excellence in the women’s sport sector.
The multi-million-pound Hub – launched in partnership with Vitality – will deliver cutting-edge research and innovation by bringing together leading academics, industry partners, national governing bodies, and elitelevel athletes to drive positive change at every level of the women’s sporting ecosystem.
This includes development in areas such as the menstrual cycle and its physiological impact on sports performance, the design of pregnancy and postpartum sports wear, sports nutrition in elite female athletes, digital technologies and innovation in sports bras.
We are delighted to have Alex Bailey contributing to Dynamic. She is a Global CEO and Co-Founder, with 20+ years of expertise in HR leadership, psychology, coaching, and organisational change. She specialises in cultural evolution, leadership,and performance, delivering impactful programmes globally while speaking at international events.
By Alex Bailey
s a psychologist, it’s been drilled into me to ensure that any interventions we introduce to organisations, teams or individuals override our intuition. The rationale is that intuition can be inherently biased. As ethical practitioners, we base our work on facts and data that can be reliable and valid in most circumstances for a general population.
What importance do we then place on intuition as a leader, and how do we get the right balance between intuition and data for decision making?
For many leaders, as well as fellow psychologists, we can become fearful of our intuition due to the many negative connotations associated with it over the years.
Witches’ hunches, overly emotionally driven, baseless, you name it - it’s been called a number of things that assume discrediting to some form of magic or woo woo. But we can often therefore suppress something vitally important, for fear of not being believed or having enough evidence to back up claims in the moment.
So I’m curious whether my experience may be similar to that of other leaders out there who may have also battled with the validity of their own intuition?
I have listened and learned from everyone I’ve worked with since I started work at 15 and valued so many opinions and insights over the years that I’ve often felt happy to change my own opinion if someone makes a more convincing argument for it. I don’t have a need to be right about everything at all, and I’m very happy for a member of my team to challenge something, especially when done with confidence and suggested improvements.
But it took me a dreadful life and death experience to realise that my intuition was much more important than I had recognised.
Without going into detail, I knew one night in late pregnancy that my daughter had turned round in my tummy a week before she was due. I let everyone tell me I was wrong, experienced midwife included, and the subsequent late arrival of her feet-fi rst was a terrifying experience in the snow with all local hospitals shut. Enough detail, I think of that moment over and over. I knew what had happened, and my intuition deep down was strong, but I didn’t listen to it, and it almost cost me and my daughter our lives.
That moment changed me forever, and years later, on Boxing Day, when my other daughter was unwell with a bad cough and we had been waiting in A&E for 10 hours, she and my husband wanted to go home and see the doctor the next day, I knew we had to stay. The voice inside me said, despite it all being incredibly inconvenient with hosting lots of guests at home, we had to see the doctor. All preliminary tests were fine, and they both looked at me to say “I told you so,” but the doctor said she wanted to do a quick CT scan just to be sure.
She called me in to see the scan results, she said she had never seen a patient with symptoms like it, her entire left lung was covered with pneumonia, and she was admitted immediately. All was well after treatment. A month later, we were in a pandemic lockdown.
I think it starts with our instinct, which I feel is often much more ‘in the moment’ reactions from my subconscious mind guiding my immediate response, noting it and exploring what we are really trying to surface.
“It took a life-and-death situation for me to listen to my intuition, and that changed both my leadership approach and my approach to life.”
My point is that it took a life-anddeath situation for me to listen to my intuition, and that changed both my leadership approach and my approach to life. I have consciously engaged with my intuition on every big decision I’ve made since, especially with my business, which, as any business owner will know, is an incredibly challenging career path to take on your own with no investors, bootstrapping from nothing.
The data and facts are still fundamentally important for making decisions for a business. Still, now I don’t let anyone override me if my intuition is telling me something important, even if I don’t have all the facts I need. And from each time I’ve taken action, the ensuing outcomes have proved me right to listen to that strong inner voice.
How do we build that trust in ourselves? Trust that gives us confidence to use our voice and be seen, heard and valued, particularly when stepping into a role leading others.
Moving from being a great contributor in work collaborations to being a leader requires us to use this confidence to be human in our leadership approach. To be authentic and call it out, this is what I know from the facts, and this is what my intuition is telling me.
I’ve found it liberating to be explicit this way, and that others do listen when they trust you.
We cannot step in our own space if we don’t feel our thoughts and feelings based on intuition are as valid as our knowledge and skills. Th is important combination is a foundational building block to becoming our best selves as a leader and owning our own path forward.
Alex Bailey styled by Gresham Blake Email: Alex@baileyandfrench.com www.baileyandfrench.com Insta @alexbaileybackstage
www.linkedin.com/in/ alex-bailey-26562b2/
There is nothing stronger than a broken woman who has rebuilt herself.”
Hannah Gadsby, Australian comedian
A new treatment combining chemotherapy and the targeted drug olaparib before surgery has shown remarkable success against early-stage inherited breast cancer. In a University of Cambridge study, all 39 women with BRCA1 or BRCA2 mutations survived
three years post-treatment. Scientists say it could be the most effective therapy yet for these aggressive cancers.
“It is rare to have a 100% survival rate in a study like this,” said lead researcher Prof Jean Abraham. Larger trials are planned to confirm the results.
The EU’s General Court has ruled that marine protected areas must be shielded from harmful fishing practices like bottom trawling—a major win for marine conservation. It rejected a German fishing group’s challenge, reinforcing the EU’s duty to
uphold protections. “This is a critical victory for marine conservation,” said John Condon of ClientEarth. The decision follows rising public concern over ocean damage, highlighted in Sir David Attenborough’s Ocean. Conservationists now urge swift enforcement of the ruling.
Environmental protections are not delaying UK housebuilding, new government-commissioned research shows, undermining ministers’ justification for weakening nature laws in the planning bill. Intended to support deregulation, the findings back conservationists who say changes are unnecessary. The Wildlife Trusts, which proposed some bill amendments, urged ministers to follow the evidence. Ecologists have strongly criticised the proposed rollback, warning of harm to wildlife and habitats.
Elk may return to Britain after 3,000 years through a rewilding project in Derbyshire and Nottinghamshire. Led by Derbyshire Wildlife Trust and funded by Rewilding Britain, the initiative aims to restore biodiversity and ecosystem functions. The large, semiaquatic deer would join reintroduced beavers. Experts stress careful planning, calling elk a vital ecosystem engineer that could enrich floodplain habitats and aid in ecological recovery.
A new “ultra-rapid” brain tumour test from the University of Nottingham can diagnose tumours in two hours, compared to the usual six-week wait. Used successfully in 50 operations, it identified tumour types accurately every time. With over 100
tumour types needing complex genetic analysis, delays can be distressing and hinder treatment. The new method is faster, more accurate, and cheaper. “It really is revolutionary,” said Dr Simon Paine. Co-developer Prof Matt Loose hopes for a nationwide rollout.
The Kurdish militant group PKK has declared an end to its 40-year armed conflict with Turkey, which has claimed around 40,000 lives. Now seeking Kurdish rights through democratic means, the group’s shift could boost stability in Turkey, Syria, and northern Iraq. Turkey’s foreign minister Hakan Fidan welcomed the move, calling it a step toward “lasting peace and stability.” Formerly committed to Kurdish independence, the PKK now aims to secure political solutions within existing state frameworks.
Nigeria has seen a surge in female political participation, with more women contesting and winning legislative seats in 2025. This progress is backed by groups like the Women in Politics Forum and ElectHER, which provide training, advocacy, and support for female candidates. The rise in representation marks a significant step toward gender equality in Nigerian politics, challenging long-standing barriers. Advocates hope this momentum will inspire further reforms and broader inclusion of women across all levels of government.
❛ ❛
While creating women, God made a promise to men that good and obedient wives would be found in all corners of the world. Then He laughed and made the Earth round!”
One of Pope Francis’s former popemobiles is being converted into a mobile clinic to provide vital care to children in Gaza— once Israel lifts its humanitarian blockade. Commissioned by the Pope and refitted by Caritas, the vehicle will offer diagnosis and treatment. Caritas calls it a symbol of compassion and hope. Over 15,000 children have died in the conflict, with aid blocked for months and a million people displaced, according to Unicef.
The speech Pippa gave at this year’s Dynamic Awards resonated widely. So much so that we feel that we want to share it with our readers who couldn’t attend on the night. Here are Pippa’s words:
“You know how only 2% of women get equity funding? I’m starting to wonder if I could be one of them.”
I wrote this on LinkedIn a few weeks ago, back when the vision for this speech centred around the importance of business education and financial literacy for women and girls. It’s a cause very close to my heart that’s found its way into the fabric of this new version, whilst giving space to a whole new story that’s arisen since I wrote those two sentences in a moment of pure confidence and sass.
Don’t worry, this isn’t a pitch.
Though, I’d welcome any opportunity to tell you why the new City Girl Network tech platform is going to make you money and change the world.
Just not right now. If you’re a regular reader of my Dynamic column, you’ll know I like to talk about gaps and barriers – confidence, authority, gender pay, age, comparison, race, education, class, finance, maternity, fertility, disability –all the reasons why equity does not exist.
They’re a melting pot of research and validation, with a lot of “angry Pippa rant” removed before it’s sent to our editor, Tess. What I haven’t yet shared is the harsh reality that sometimes the heaviest barrier is the expectations we place on ourselves.
I don’t want to let anyone down. I don’t want people to be angry with me, or disappointed, or not like who I am. I don’t want to fail and be labelled as “not good enough”.
I pretend that I understand the concept that “not everyone will like you”. But I don’t. I just want to shield and be loved. Except the shield I’m trying to carry is crushing me, rather than being a force of protection.
I built my shield through society’s lessons of “How to be a Good Girl”. It taught me to be quiet, to smile, and to understand that if a boy pushes you over then he likes you.
And, ultimately, the goal here is to marry him. As a pupil of the nineties and noughties, I was also taught that “nothing tastes as good as skinny feels”.
I wonder what lies and misconceptions your shields have held.
I put down my shield the day I wrote that LinkedIn post. Not through any conscious recognition that I was holding it. I was just exhausted from being the person that I thought I was supposed to be: profusely apologising for taking up space, feeling embarrassed whenever I was complimented for my achievements and insisting that, actually, those achievements were “very small”.
“What I haven’t yet shared is the harsh reality that sometimes the heaviest barrier is the expectations we place on ourselves.”
But building a nationwide women’s network of over 160,000 people across 25 different locations, with zero capital and zero clue how to run a business isn’t small. It’s a result of sacrifice, long hours, and being a forever student.
I will no longer stand in my way and block myself from being the Dynamic Woman that I am.
Many great opportunities have come my way since the day I decided to back myself. You could say that I sent a signal to the universe that I was ready, and it laid out the path. But it’s probably more that I simply saw the help that’s been in front of me this whole time.
I wish this story was irrelevant to all of you. But the reality of being a woman in business is that we’re in a world that wasn’t built for us. What power we could create if we all laid down our shields and unapologetically rebuilt it.
Tonight, we are celebrating the women who back themselves, against all the odds: innovators changing the way that we experience sound and creating new materials to save the planet; trailblazers at the top of their game in the male dominated industries of property, professional services and tech; and inspiring leaders growing empowering experiences for their team and customers.
You are the change that I want to see in the world. You are the national treasures and role models of today. And we, as a community of Dynamic Women, will band together to trample on the barriers you face, because we all back you too.
Pippa Moyle CEO + Founder
Our Communities: Brighton, London, Manchester, Bristol, Bath, Leeds, Edinburgh, Birmingham, Worthing, Liverpool, Newcastle, Chester, Milton Keynes, Oxford, York, Cardiff, Glasgow, Perth and Rural Sussex
By Nick Thorp, Sussex & Surrey Institute of Technology (SSIoT)
Mary Kemp was honoured with the Women in Tech Award at this year’s prestigious Dynamic Awards at the Grand Brighton. The award recognises her leadership in making artificial intelligence (AI) accessible and practical for real-world use.
The award was sponsored by Surrey & Sussex Institute of Technology, reflecting SSIoT’s mission to champion innovation, diversity, and opportunity in technology. As a Dynamic sponsor, SSIoT proudly supported the event and continues to work to ensure that tech education is inclusive, future-focused and open to all.
Q&A WITH MARY KEMP
What does this award mean to you?
“It’s not about the trophy – it’s proof that making AI practical matters. We help businesses lead the AI wave, not get swept away by it.”
Why did you shift your focus to GenAI?
“Our own business faced disruption. So we jumped in. GenAI is a chance to help others adapt too – not with more tools, but with real clarity.”
“This isn’t about fitting in. It’s about helping shape what comes next.”
Mary Kemp, co-founder of AI Potential and Simpler with AI, is a leading figure in the South East’s AI movement –especially for start-ups and women in business. Known affectionately as ‘AI Mary’, she’s made it her mission to demystify AI and empower others to lead, not follow, the AI revolution.
– Mary Kemp
Her story embodies the values at the heart of SSIoT, which is set to open its state-of-the-art hub at Crawley College later this year.
Why is collaboration key in AI?
“Because AI gets better when people share what they learn. If it’s going to be inclusive, it must be shaped by everyone, not just the usual suspects.”
What’s your message to young women considering tech?
“Don’t wait to feel ‘ready’. Curiosity counts more than credentials. Your thinking is needed. Be visible. Be bold.”
And the future of AI?
“It should be a leveller – not a threat. GenAI is the fourth industrial revolution, but only if people know how to use it. It’s a skill, not just a tool.”
SSIoT is building a new kind of tech education –inclusive, collaborative and built for the future. Opening a new building this year on Crawley College campus. Want to be part of it? The time is now.
www.sussexsurreyiot.ac.uk
DEVELOPING THE SKILLED WORKFORCE YOUR BUSINESS NEEDS
The Sussex & Surrey IoT work in partnership with further education colleges, universities and industry partners to equip learners with a high-level technical qualification and the skills required by employers.
EDUCATION PARTNERS
By Amy Knight, Co-founder and Director of Must Have Ideas
In 2018, I started my business Must Have Ideas from my kitchen table with just £3,000 and a head full of ideas. Fast-forward seven years and we’re now one of the fastest-growing e-commerce companies in the UK, recognised in The Sunday Times 100 Fastest Growing Companies of 2024 with an annual turnover of £65 million. Our growth is beyond our wildest dreams, and it’s something I’m incredibly proud of. But what I’m most proud of is building a business with purpose, not just profit.
Now specialising in innovative household solutions, the initial vision for Must Have Ideas was for it to become a modest lifestyle business. Our journey began with a silicone antibacterial sponge we discovered while on holiday, a simple alternative to traditional sponges. We brought it back to the UK and named it Hygiene Hero. It struck a chord with customers, selling out quickly. Together with my Must Have Ideas co-founders, my husband, Rob, and our friend Chris Finch, we began exploring other unique product ideas that solved everyday problems. There was no master plan, just curiosity and a genuine desire to offer helpful, affordable solutions. Our approach was straightforward – we’d simply test products, see what resonated with customers, and repeat.
The early days were filled with tough calls and tight budgets. We chose to grow organically, without outside investment, reinvesting any profits straight back into stock. This kept us in control of our vision and values. Every win was earned, and every setback taught us something valuable.
As a young woman in business, I often felt underestimated or that I wasn’t being heard. Some saw it as a hobby or side hustle. That only made me even more determined to prove that our business wasn’t just viable, it was powerful, profitable, and scalable.
tool has always been word of mouth. When someone discovers a product they love and tells their friends, that’s priceless.
“One thing I’ve learned is you don’t need to have everything mapped out from the start. ”
From day one, we focused on making connections as well as conversions. Social media gave us the platform to communicate directly with customers, using short, engaging videos showcasing our products, and discovering our demographic. By creating highly targeted ads, we built a community around our brand and our products. Over time, our marketing has evolved into email campaigns, influencer collaborations, and customer reviews. However, the most powerful
None of this would’ve happened without an incredible support system. Rob and Chris bring their own unique strengths and personalities to the business, and that complementary balance has been key when making collaborative decisions. I’ve also been lucky to have an amazing team that genuinely cares about the business and our customers.
Outside the office, I’m mum to two wonderful girls. But running a business and being a present parent is not without its challenges, and I’m fortunate enough to have the support of family.
There’s no denying that being a woman in the business world brings its own set of challenges. Like many women, I’ve had to work harder to be heard and prove my capability more than once, facing scepticism, prejudice, and underestimation. I’ve encountered people surprised that I’m the correct
person to speak to or who ask if I can refer them to someone more senior. But being underestimated has only fuelled my resilience. I’m proud to be part of a growing movement of women who are building brilliant businesses, and I want to see more of us supported and more of us celebrated.
We’ve only scratched the surface. With a brandnew 60,000 square foot warehouse and a team of 200, Must Have Ideas is building for the future. That includes expanding into new markets with an eye on developing more of our products in-house. We’re also investing in eco-conscious packaging and working with suppliers who align with our values. Growth matters, but it has to be responsible too; that’s why we’re proud to be an accredited Living Wage Foundation employer, ensuring that all our employees receive a fair wage that meets the cost of living.
One thing I’ve learned is you don’t need to have everything mapped out from the start. We started with curiosity, we didn’t wait for perfect conditions, we just began.
I’ve also learned that, as well as the data, the most valuable insights come directly from our customers; their feedback has been invaluable and helped shape our business in ways we could never have imagined.
Most of all, I’ve learned that building something meaningful takes time. It’s about showing up, staying curious, and doing the work every day.
www.musthaveideas.co.uk
Amy Knight is a 28-year-old entrepreneur, owner and Director of Must Have Ideas, one of the UK’s fastest-growing e-commerce retailer companies.
In 2018, she graduated with a Law degree from the University of Kent. During her studies, she worked as a warehouse manager at Ecoegg, a company that makes innovative, environmentally friendly household, laundry and cleaning products.
After completing her degree, Amy remained at Ecoegg and moved into the position of Head of Supply Chain Management, where she worked for five months.
Amy didn’t take long for her entrepreneurial spirit to take over when she decided to do things her own way within the world of household and cleaning products.
Teaching herself digital marketing and all there is to know about social media, Amy took her first entrepreneurial steps into e-commerce - selling household goods and cleaning products by setting up Must Have Ideas with her co-founders Rob Knight and Chris Finch.
From starting the business with an initial investment of £3,000 (£1,000 from each founder), today the business is generating an annual turnover of £65 Million.
• In 2023 Amy was featured in the Forbes 30 Under 30 List for Europe, Retail and e-commerce category.
• In 2024 Must Have Ideas is featured on The Sunday Times Fastest Growing UK Companies List
• In 2024 Amy became an LDC Top 50 Leader – supported by The Times
• The Must Have Ideas TV Shopping Channel was launched in August 2024
Amy lives in Maidstone, with her husband Rob and her two young children.
For those who keep count of these things, international best-selling author J.K. Rowling is the UK’s second-most generous benefactor to charities worldwide. Sir Elton John, in case you were wondering, leads the list.
She cuts a divisive figure across society at present. However, depending on your source, she has donated between £150m and £200m to a variety of charities, mostly based around issues from her personal experiences.
Dynamic looks at her philanthropic personality, one which started even before she became such a success...
Joanne Rowling was reading The Sunday Times in 2004 when a photograph stopped her where she sat. There was a small boy, about five years old, pressed against the wire of what looked like a cage. “My initial reaction was to turn the page, but I told myself I had to read the article and, if it was as bad as the photo made it look, I needed to do something about it.”
The story was harrowing. “The screaming starts at 11am sharp each day in the basement of the Raby care home, near Prague.
“That is when a little boy, five years old, is locked in his cage.” For a brief period, the boy, who was disabled — no one knew his real age — was let out to be fed and washed then forced back inside, his wails of anger and despair echoing through the building.
the bestselling series. She lobbied both the Czech ambassador to the UK and the Czech prime minister.
She wrote to the MEP Emma Nicholson, Baroness Nicholson of Winterbourne, a former director of fundraising for Save the Children, who had set up a charity to help abandoned children in Romanian orphanages. A year later, they formed the Children’s High Level Group charity together. It was renamed Lumos in 2010, after a charm in her books that illuminates the end of a wand, shining light into the darkest of places.
“I know I’m hardly unusual in this, but I have a particularly visceral reaction to seeing children abandoned, abused and alone.”
“I know I’m hardly unusual in this, but I have a particularly visceral reaction to seeing children abandoned, abused and alone,” says Rowling, now 59. “The image of that little boy screaming through what looked like chicken wire was so distressing. It remains burnt into my brain.”
She was also partway through writing what would become Harry Potter and the Half-Blood Prince, the sixth book in
In the 21 years since the young boy’s story was published, Rowling has donated £63 million to Lumos, either directly or via the Harry Potter franchise, helping more than 280,000 children not just in eastern Europe but also in Haiti, Colombia and Ukraine. It has been calculated that Rowling has donated almost £200 million to three main causes: Lumos, the Volant Charitable Trust and the Anne Rowling Regenerative Neurology Clinic. This has happened out of sight.
Visiting institutions around Eastern Europe with Lumos, she saw the need for action in the first year of a child’s life. “When that door closes, it’s very hard for children to develop into emotionally stable, functioning adults,” she says.
“We now have 80 years of meticulous international research to show that institutionalised children have vastly poorer outcomes than children raised in families. So intervention is critical, and the earlier the better. Neglect not only causes cognitive harm, it exposes children to a higher risk of abuse and exploitation.”
She remembers a little girl of about five who sat on her lap during a meeting at a Czech orphanage near Prague and beamed up at her. “A child who has been properly nurtured and is securely attached would never sit in a stranger’s lap. I was emotional and trying to hold it together while talking with experts in the room. I was stuck on the fact that this child was giving me a visceral demonstration of why it’s so easy to abuse — and traffic — an institutionalised child. She had been deprived of every child’s birthright. She was so desperate for love, for attention, that she would have gone home with anyone, no question.”
Rowling came very close to taking a child home. “It was in a unit in Bucharest in 2006, where all these tiny babies were completely silent. I tried to make eye contact with a beautiful little girl who must have been around four or five months old, but there was nothing. She’d learnt that when she cried, no one came, so she’d stopped crying. She was completely shut down. It upset me. I had a powerful impulse to pick up that baby and take her home. I’ve never completely got over that.”
Like 80% of abandoned children, she had a living mother. “The question I’ve met loads of times from westerners and donors is, ‘Why do they abandon them?’” Rowling says. “Social, political and economic upheaval all influence the numbers of children who are put into institutions, but grinding poverty is the number one driver. Lumos has worked hard to establish systems that enable people to care for, feed, and educate their children. Mothers don’t give their children up if they’re in a position to raise them within a family.”
things ever leave you. All of that shaped my worldview and informs the kind of causes and issues I want to help.”
However, it was as a woman escaping an abusive, shortlived marriage that Rowling experienced poverty herself. In the noisy frenzy of the culture wars, Rowling’s private pain can be overlooked. She arrived in Edinburgh from Portugal in 1993 when Jessica was four months old, with one suitcase containing the first three chapters of Harry Potter and the Philosopher’s Stone.
“Nobody who hasn’t been poor can understand what it means. The poor get talked about, talked down to, and talked over, and all of that happened to me during those years.”
Rowling’s family growing up on the England/Wales border was by no means well-off , though they got by. Her father, Peter, was an aircraft engineer at Rolls-Royce in Bristol, and made no secret of the fact that he wanted a boy. Her mother, Anne, was a science technician at Rowling’s comprehensive school. At school, though, she met kids who didn’t have everything they needed.
“There were families who couldn’t afford full school uniforms. I saw and hated the kind of caste system that results from those conspicuous differences. I don’t think those
In her 2008 Harvard commencement speech, she said that she had been as poor as it is possible to be in modern Britain without being homeless.
“Nobody who hasn’t been poor can understand what it means. I remember it vividly; you never forget it. The poor get talked about, talked down to, and talked over, and all of that happened to me during those years. I literally went hungry at times because I prioritised feeding my daughter, but that wasn’t the worst of it. It’s the daily indignities — overwhelmingly, not being able to give your child the things you’d like.”
Rowling still seems to be confounded by her success. “I’d have had to have psychotic levels of self-belief to imagine my book would be a bestseller.” Her literary agent had warned her to find a job because the story wasn’t commercial enough.
That first book, published by Bloomsbury in June 1997, became one of the bestselling works of fiction of all time. She was 32. However, with sudden fame came the letters, which she found incredibly difficult to handle. Over the years, though, she has learnt to do “due diligence,” ensuring the money she donates reaches the right places.
“I do buy The Big Issue and I’ve always tipped, but yes, the tips have got bigger!”
Many letters were from women trying to escape violent and coercive men, asking for relatively small amounts of money. “All genuine, and I was delighted to be able to help,” she says. Rowling has since donated more than £86 million
JK Rowling is a publicly outspoken critic of gender distortion. The Supreme Court recently ruled that a woman is defined by biological sex under equalities law — a judgment she toasted with a cigar and a cocktail from her yacht in the Bahamas. However, she has been on the receiving end of spite, hatred and death threats, appalling behaviour that has no place in a civilised society.
Meanwhile, after Dynamic published a clarification of the ruling last month, speaking at the Charleston Literary Festival in East Sussex, Lady Brenda Hale, former president of the Supreme Court, has registered dismay that the decision “has been misinterpreted.”
Lady Hale said: “There’s nothing in that judgment that says that you can’t have gender neutral loos, as we have here in this festival. It’s for other people to work out the other parts of the Equality Act, which permit but do not require services to be provided differently for people according to sex.
“There are plenty of things to quarrel with” about the judgment, but Hale said her primary concern was the “very binary reaction that there has been to it,” which has upset her greatly.
The proper answer to all of this, she believed, was somewhere in the middle. “So that’s what I very much hope we will come out with when people have calmed down and start being sensible about things,” she concluded.
At the end of May, Rowling set up a new organisation, the JK Rowling Women’s Fund, to help support ‘gender-critical’ legal cases.
The debate, it appears, is nowhere near over, for either side.
in grants to projects in Scotland and around the world, focusing on social deprivation with a particular emphasis on women and children who are at risk in their lives or find themselves in situations where there seems to be no way out. Volant, the first charity she set up in 2000, supports services for victims of sexual abuse, rape and domestic violence, as well as isolated and lone parents.
One heart-rending letter from parents asking for money to fund surgery for their child sticks in her mind. She had just met Neil Murray, the doctor she married in 2001. “I was so upset and disturbed by this letter that I showed it to him.
“He said very calmly that the reason UK doctors wouldn’t operate is that it would involve a lot of pain for no gain. He’s a person full of integrity, so that brought my anxiety levels down. And he has continued to be a fantastic support, because it can still feel overwhelming.”
In more mundane situations, she states, “I do buy The Big Issue and I’ve always tipped, but yes, the tips have got bigger!”
In 2020, Rowling donated more than £12 million in royalties from her children’s fairytale, The Ickabog, to Volant, to support vulnerable people impacted by COVID-19. And she donates all royalties from the first of her Cormoran Strike detective series, written under her pseudonym Robert Galbraith, to ABF The Soldiers’ Charity (now called the Army Benevolent Fund).
Rowling at the White House, 2010
Rowling is most proud of the Anne Rowling Regenerative Neurology Clinic in Edinburgh, which opened in 2013. Her mother, Anne, who was diagnosed with MS in 1980, died aged 45 of related complications in 1990, when Rowling was 25, reflecting her most profound loss.
“Her disease progressed so fast, she didn’t even know I was writing Harry Potter,” she says. She never saw the later success, the profits of which are, in part, ploughed back into the centre. Rowling’s donations of £27.8 million to date have allowed the clinic to employ the world’s best clinicians and researchers.
“I know that was well worth doing because of the number of women who are coming through our doors.” Over three years, she has donated £1 million to fund running costs, including a staff of nine counselling support workers who have provided more than 6,000 hours of support to 700 women and girls.
Social services in the Czech Republic have undergone significant transformation. “They stopped using caged beds as a result of our intervention, so that was a triumph,” Rowling says.
“My mother was the most amazing gardener. She had green fingers, which I have not inherited...”
“My mother was the most amazing gardener. She had green fingers, which I have not inherited,” Rowling says. “I chose an image of green shoots for the centre’s logo because I wanted that sense of regrowth — we’re looking at whether we can stimulate nerves to grow correctly — but it also felt like a beautiful tribute to her.”
In 2022 she founded Beira’s Place, a women-only rape and sexual assault support centre in Edinburgh. It is named after the Scottish goddess of winter, who represents female wisdom, power and regeneration.
As a survivor of domestic violence and a serious sexual assault she suffered in her twenties, she is particularly proud of it. “There was no such single-sex service before,” she says.
An estimated 5.4 million children still live in institutions worldwide. Rowling’s plans for Lumos’s third decade is to do at least twice as much in half the time. “In ten years’ time Lumos aims to have helped enable more than half a million more children and young people to thrive in safe and loving families,” she says.
Coming up to 30 years after Harry Potter changed the face of publishing, she isn’t in the least bit interested in legacy.
“It has always seemed to me to be an entirely futile pursuit, trying to frame the way you’re remembered after you’re dead,” she says. “I care about now and the living. Honestly, all I ever think about with regard to death is that I hope it doesn’t happen too soon because I’d like to stay with my family as long as possible.”
By Mark Pearson
After ten years on the front line of early-stage investing, we at Fuel Ventures have reviewed more than 30,000 startup pitches, and counting. Today, we receive around 6,000 new decks each year, which works out to one every 88 minutes. With a decade of data behind us, we decided it was time to take stock and share what these numbers say about the UK’s startup ecosystem, and where it’s heading.
Our analysis shows that 76% of successful pitches we’ve backed have come from co-founded startups, not solo founders. While we’ve seen exceptional individuals secure investment, our experience suggests co-founders bring complementary skills, shared resilience, and greater long-term potential factors that consistently give them an edge in the investment process.
We’ve also seen encouraging progress when it comes to gender diversity. Since we launched in 2014, female founder submissions have increased by 45%, including a 30% jump in just the last five years. There’s still more work to be done, but this trend is a step in the right direction.
While London remains the top destination for startups in the UK, innovation is spreading. In the past decade, we’ve seen pitch volume from Birmingham rise by 120%, and Manchester by 95%. But it doesn’t stop there: Leeds is up 88%, Bristol 72%, and Glasgow 65%. Even Belfast and Cardiff have seen notable increases of 54% and 47% respectively.
More founders are building businesses outside the capital, and it’s a sign of a healthier, more decentralised entrepreneurial ecosystem.
“There’s a shift in the age profile of founders. Over the last ten years, we’ve received 35% more pitches from entrepreneurs aged 40 and up.”
There’s also a shift in the age profile of founders. Over the last ten years, we’ve received 35% more pitches from entrepreneurs aged 40 and up. It’s clear that many of the most exciting businesses are now being built by experienced professionals turning their deep industry expertise into scalable ventures.
At the same time, founders aged 25–34 still make up the largest share of submissions, but growth has slowed slightly (up 12% over the decade), while founders aged under 25 have increased by 22%, driven largely by university spinouts and digital-native startups. We’ve also seen a modest rise (9%) in founders aged 55+, often launching businesses in later careers or post-exit from previous ventures.
In 2024 alone, “AI” featured in 86% of all decks we received, beating out “disruption” (61%), “scale” (52%), “sustainability” (45%), and “pivot” (32%). Other repeat appearances included “Web3” (28%), “decentralised” (24%), “hypergrowth” (21%), “blockchain” (18%), and “metaverse” (11%)—some of which have aged better than others.
But here’s the kicker: in roughly one in five of those decks, there was no actual AI capability. If you’re chasing a buzzword without the product or team to back it up, we’ll notice.
at 127 slides. Neither of those extremes secured investment. In contrast, the average successful pitch deck we receive sits at around 18–24 slides.
The best decks are focused, well-structured, and tailored to the opportunity at hand. It’s not about how much you say, it’s about saying the right things, clearly and convincingly. When it comes to pitch decks, quality always beats quantity.
“If you’re chasing a buzzword without the product or team to back it up, we’ll notice.”
We also uncovered some interesting patterns in timing. January and September are peak months for pitches - up 9% and 10% respectively - and Tuesdays are statistically the best day to send your deck. Submissions that land on a Tuesday are 18% more likely to get a follow-up than those sent on Fridays.
Over the years, we’ve seen pitch decks of all shapes and sizes, from the shortest at just three slides to the longest stretching
As one of the UK’s most active early-stage investors, we’ve had a unique vantage point on how the startup landscape has evolved.
We’ve seen first-hand the creativity, drive, and resilience that founders bring to the table. We’ve also learned that the strongest pitches come from teams who understand their market, tell a clear story, and show evidence of traction - not just buzzwords.
If you're running a startup or small business in the UK, chances are you've hit that familiar roadblock: you need funding to grow, but convincing investors to take a chance on your business can feel nearly impossible. That's where the UK government steps in with a set of powerful tools known as Venture Capital Schemes.
Th ink of these schemes as a win-win. They make it easier for startups to raise money, and offer tax breaks that help investors feel a lot more comfortable taking a risk on earlystage companies. Here's how they work, plus how they can work for you.
WHAT ARE VENTURE CAPITAL SCHEMES?
Venture capital schemes are government-backed programmes designed to encourage investment in smaller UK businesses. They offer investors generous tax reliefs in return for putting their money into companies that need funding to innovate and grow.
There are three main schemes:
1. Enterprise Investment Scheme (EIS)
2. Seed Enterprise Investment Scheme (SEIS)
3. Venture Capital Trusts (VCTs)
Each one targets a different stage of business growth, but they all share a common goal: helping entrepreneurs access funding by rewarding the people willing to invest in them.
WHY INVESTORS LOVE THESE SCHEMES
Let’s face it - investing in small companies is risky. But what if the government helped soften the blow? That’s what these schemes do. For example, under SEIS, an investor can receive up to 50% of their investment back as a tax reduction. If the business goes under, further loss relief is available. And if things go well? They could pay no Capital Gains Tax on their profits when they sell. It’s a smart incentive that makes early-stage investing more attractive.
WHICH SCHEME IS RIGHT FOR YOUR BUSINESS?
Here’s a quick breakdown of each scheme and who it’s for:
SEIS – For new ideas just getting started
If your business is very young - less than two years old - and hasn’t raised more than £250,000 in total, SEIS is likely the best fit. You can raise up to £250,000 through this scheme.
Investors’ benefits include:
• 50% Income Tax relief (on investments up to £200,000/ year)
• No Capital Gains Tax on SEIS shares
• Loss relief if the business fails
To qualify, your company must have fewer than 25 employees and less than £350,000 in assets.
EIS – For growing businesses
EIS is ideal for more established startups looking to scale. You can raise up to £12 million through this route.
Key eligibility:
• Less than seven years since fi rst commercial sale (for most sectors)
• Fewer than 250 employees
• Gross assets under £15 million
Investors' benefit inludes:
• 30% Income Tax relief
• Capital Gains Tax deferral
Most trading businesses qualify, but there are exceptions. Sectors like property development, banking, energy generation, and legal services are generally excluded. Additionally, your company must be based in the UK, be engaged in a qualifying trade, and not be listed on a stock exchange. Importantly, your business can’t be controlled by another company.
“Venture capital schemes offer investors generous tax reliefs in return for putting their money into companies that need funding to innovate and grow.”
Before you go hunting for investors, you might want to apply for what's called advance assurance from HMRC. Th is isn't a requirement, but it’s a strong signal to potential investors that your business is likely to qualify for tax relief.
You’ll need to send HMRC information such as your business plan and details of how you'll use the funds. In return, you’ll get a letter that reassures investors their tax benefits are safe.
• Loss relief and CGT exemption after three years
VCT – For investors who want to spread risk
Th is scheme doesn’t apply to individual businesses directly, but is worth knowing. VCTs are funds listed on the Stock Exchange that pool investor money and invest it across multiple small companies.
Investors get:
• 30% Income Tax relief (up to £200,000/year)
• Tax-free dividends
• No Capital Gains Tax
For businesses, this means access to funding through VCTs if you meet similar requirements as EIS.
There used to be a fourth option, Social Investment Tax Relief (SITR), aimed at charities and social enterprises. However, this scheme closed to new investments in April 2023.
Raising money can be one of the toughest parts of running a startup. But the UK’s venture capital schemes are designed to make it easier, for both businesses and investors. Whether you’re just launching and need a small boost through SEIS, or you’re scaling up and need more substantial backing via EIS or a VCT, these schemes can make a real difference.
If you’re thinking about raising funds, now’s the time to explore these options. And if you’re an investor looking to support the next big thing - while getting rewarded for your risk - it might just be the smartest move you make.
In our exclusive Spotlight feature, we highlight women who are doing good things in their community. They’re not always seen but we think they should be.
Berta is the Director of Social Impact
Newbie, an online plaform helping students and graduates break into Social Impact space
We defi ne ‘social impact’ as any industry or role focused on benefiting people and the planet, whether that’s working in government, with international organisations, at charities, in social enterprises, or sustainability and social governance departments within traditional companies.
I founded the platform during my fi nal year at the University of Sussex, driven by my own experience navigating the job market without any guidance or connections. As an immigrant, I didn’t have the support network many of my classmates did; no insider advice, no family friends offering internships or job referrals. It felt overwhelming and deeply unfair, and I realised that so many others were in the same position.
Since then, I’ve made it my mission to build a more inclusive, accessible space for young people trying to fi nd their way into purpose-driven work. It hasn’t always been easy. Th is was my fi rst time stepping into the world of entrepreneurship, and without a support system that understood the challenges I was facing, I often felt stuck.
What I’m most proud of, though, is the culture we’ve created, one that encourages people to pass on what they’ve learned to others, so the cycle of inaccessibility starts to break.
“I’ve made it my mission to build a more inclusive, accessible space for young people trying to fi nd their way into purpose-driven work”
We’re built on the values of inclusivity, accessibility, and positive impact, and I hope the platform continues to be a source of hope and clarity for those who feel like they’re navigating this path alone. If someone looked back on my career in 20 years, I’d want them to say I helped level the playing field, that I fought to make the job market a more just, welcoming place for everyone.
comprising
One of the most valuable decisions I made was to establish my own unofficial board of advisors, comprising people I admired who generously offered guidance and encouragement. Thanks to that, and the growing community around Social Impact Newbie, we managed to reach over 1.5 million people in just 18 months and have directly supported more than 50 individuals in landing their dream roles in the impact space.
Outside of work, I decompress by spending time with friends and family, reading, or trying out new crafts; anything that gives me a break from screens and helps me slow
After years of being dismissed by the medical system, Abi Chapman—now Chief Executive of Accessify UK—found herself fighting for her life. This near-fatal event became a turning point, inspiring her to launch a multi-award-winning accessibility movement focused on embedding lived experience into research, policy, and service design.
Abi’s journey began in 2017 with a sudden cardiac event and a 12-foot fall that nearly killed her. Living with Ehlers-Danlos Syndrome and Postural Orthostatic Tachycardia Syndrome, Abi had long struggled with misdiagnosis and inadequate care. At 29, her health was spiralling—but instead of giving up, she chose to fight back.
Abi is the Chief Executive of Accessify UK. But her journey has been far from smooth
programme had been discontinued. A chance meeting with a former tutor redirected her path to the London College of Communication (LCC), where she pursued a degree in Design for Social Innovation. Despite undergoing surgeries and facing a global pandemic, Abi graduated and went on to specialise in accessibility during her Master’s degree.
This passion led her to launch The Accessibility Project, focused on inclusive design. Though the project expanded into broader community health efforts, Abi felt her original mission was drifting. In 2024, acceptance into LCC’s business incubator—LCC Accelerate—gave her the opportunity to relaunch and refocus her vision. Accessify UK was born.
“Today, Abi lectures, delivers workshops, and speaks on stages and in communities, using storytelling as a tool to connect and dismantle barriers.”
That fight became a mission. Today, Abi leads Accessify UK, a multidisciplinary think tank tackling systemic healthcare barriers through human-centred design. Her personal trauma became the foundation for building the world she once needed.
Before her health crisis, Abi studied at Croydon School of Art. When she returned to education, her original degree
From the outset, Accessify UK sparked change, championing inclusive research, policy, and service design. Abi’s work has since earned national recognition; in 2024, she was named her university’s number one future founder.
Yet, for Abi, this journey isn’t about awards—it’s about justice. She continues to live with chronic disability and always will. Today, she lectures, delivers workshops, and speaks on stages and in communities, using storytelling as a tool to connect and dismantle barriers.
For Abi, this isn’t just a career. It’s her life’s work. Because accessibility and inclusion don’t just improve lives—they save them.
An analysis of the Annual Population Survey which is produced by the Office for National Statistics, reveals the gender split in STEM roles within the UK.
The analysis, conducted by Burgess Hill Girls’ School, compared the number of men and women reported to be in STEM roles from January to December 2021 with those from October 2023 to September 2024 (the most recently available data) to understand how the number of roles had changed over that period. The UK saw numbers for both men and women fall across the two periods, with STEM roles for men falling by 7.43% and a drop of 13.51% for women.
The only UK nation to see numbers rise was Northern Ireland, which saw a 22.59% rise for men and a 12.64% rise for women.
Scotland saw the largest fall for women, seeing roles for women in STEM drop by 29.89% overall, while the highest fall for men was found in Wales with a reduction of 10.32%.
Anne Pithie, Director of Marketing and Communications at Burgess Hill Girls’ School gave her thoughts on the changing numbers: “We often hear about the importance of Women in STEM, but phrases like this and the numbers behind them are often used without context. Ensuring a diverse range of perspectives and inputs means that the problems that STEM roles tackle can be solved more effectively, and in ways that account for the needs of the full population.
“Seeing numbers fall in STEM occupations is disappointing, especially seeing numbers for women fall at a higher rate when they’re already under-represented. Burgess Hill Girls’ School aims to empower girls, both within our school and the wider community, to achieve their personal and academic goals.
“This means ensuring that opportunities and pathways are available for them to pursue careers that might not be traditionally encouraged. If we want to see these numbers moving in the right direction, we all have a responsibility to ensure that as many doors are open, giving all children the ability to walk through them.”
“Seeing numbers fall in STEM occupations is disappointing, especially seeing numbers for women fall at a higher rate when they’re already under-represented”
“When we look at the actions that Northern Ireland has taken within the past two decades, we can see why their numbers are rising. Its unique situation during Brexit has attracted more fintech and cybersecurity businesses, meaning more roles in STEM sectors would become available.
“Still, their efforts in promoting these subjects as key educational sectors, starting with their ‘Success through STEM’ programme in 2011, have seen rises in the number of students studying those subjects at GCSE level, as well as an increase in engineering apprenticeships in recent years.
“Th is has meant that Northern Ireland has been able to meet the demand of new roles, with a qualified workforce, where other UK nations have suffered from an ongoing skills gap.”
To improve the number of women in STEM roles, the rest of the UK can draw valuable lessons from Northern Ireland’s proactive approach. A key strategy is early and sustained engagement with STEM education. Northern Ireland’s “Success through STEM” programme, launched in 2011, promoted STEM subjects from GCSE level onwards,
helping build a qualified talent pipeline. Similar nationwide efforts—particularly in England, Scotland, and Wales— could help reverse declining trends.
Additionally, increasing access to engineering apprenticeships and aligning education with industry demand, especially in emerging fields such as fintech and cybersecurity, will help bridge the skills gap.
The UK should also invest in outreach initiatives that counter gender stereotypes, support mentorship programs for girls, and ensure greater visibility of female role models in STEM fields. Crucially, policies must focus not just on recruitment but also on retention and career progression for women in STEM, creating an inclusive and supportive work environment.
By Isabella Fox. Isabella’s role as Investment Director for ECI
Partners took her to the recent HR Tech Europe Conference in Amsterdam. Here she shares her insights from the conference and ECI’s portfolio company experience
Investment in AI continues, although it has transitioned from being perceived as innovative to being an enabler. The reality of AI being utilised effectively by HR teams, however, remains behind the curve. Whether it is organisational structure or data, most businesses lack sufficiently stable foundations to maximise AI’s efficiency, resulting in the risk that AI is layered into businesses without improving productivity. Many businesses are still spending a lot of time fi xing interfaces or grappling with data.
Th is presents an opportunity for tech and AI providers to create human-centric solutions. We’ve seen that even digitally advanced fi rms are still doing a lot of HR activity in very manual ways – i.e. recruitment, despite it being one of the fi rst areas to adopt AI solutions. The solution in today’s environment can’t just be whether the tool is innovative; it is whether it is easy to adopt by the end users.
Th is, in turn, is driving better employee experience, improved compliance, and data-driven decision-making.
THE RESILIENCE OF HR TEAMS
“The solution in today’s environment can’t just be whether the tool is innovative; it is whether it is easy to adopt by the end users.”
The period since 2020 has been tumultuous for HR teams as the shift to remote working and the wave of job changes have kept teams incredibly busy, and the pace of change doesn’t look set to slow down. There is still a lot of uncertainty in the market, and with the advent of AI, there has been additional complexity to consider. Overall, the consensus at the conference was that these teams have had to show remarkable resilience in recent years. The future is bright, with AI offering the promise of a reduction in manual tasks; however, this is not immediately on the horizon for most teams.
EMPLOYEE WELLBEING IS STILL A TOP PRIORITY
THE IMPORTANCE OF THE RIGHT TECH STACK
The HR tech stack is vast. In an ideal world, a core HR Information system would be integrated across some key areas:
• Talent acquisition and recruitment
• Performance management and employee development
• Learning and development
• Employee engagement and wellbeing
• Payroll and benefits
• Analytics and reporting
• Collaboration and communication tools
However, an HR tech stack usually evolves in a slightly less ordered way, as point solutions are often needed, which means they aren’t always fully integrated. As businesses grow, they need to evaluate whether their Human Resources Information System (HRIS) is sufficient for their needs. There is an efficiency and usability experience factor for both employers and employees that is causing change in the sector, as HR teams focus on streamlining systems.
Wellbeing remains a key focus for those in HR across all job roles, with the likes of Coca-Cola having wellness rooms across its factories. For HR Tech platforms, modules such as employee engagement and wellbeing are becoming increasingly important for an HRIS to accommodate.
The fi rst step to enhancing wellbeing is to track it with monitoring, with HR platforms providing new and easy ways to understand employee sentiment. That increased monitoring inevitably has led to more demand for levers to pull to improve engagement. Changing regulation/labour laws is also a driver in some industries, but for the most part, it is employee expectations that continue to grow, and HR tech is responding to that need.
It is clear that AI remains the ultimate buzzword in European HR tech. However, the landscape has evolved, with AI now part of a continuous transformation as opposed to the single catalyst it was considered to be a few years ago. The impact on the sector is beyond doubt – it is the pace of change which is being debated.
“It is clear that AI remains the ultimate buzzword in European HR tech. However, the landscape has evolved...”
ECI is a private equity investor with over 45 years of experience supporting growth-focused businesses. Managing over £2bn in funds, ECI invests in companies valued up to £300m, taking either majority or minority positions.
The firm is known for its collaborative, value-driven approach, working closely with management teams to drive growth. ECI offers support across areas such as acquisitions, market expansion, employee engagement, and scalable technology.
By Sophia Lorimer, Founder of Fine-Tuned Wardrobe
It’s often said that confidence is an inside job, and while that’s true, what we wear on the outside plays a far bigger role than many people realise.
As a Sustainable Stylist, I’ve worked with professionals from entrepreneurs to executives. The common thread? They didn’t come to me because they lacked clothes. They came because their wardrobes didn’t reflect who they were — or who they were becoming. They were dressing to fit in, not stand out. Or they were stuck in “neutral mode”, wearing outfits that said nothing about their identity or ambition.
Here’s what I know for sure: when you wear something that feels powerfully and unapologetically you, everything shifts. You speak more boldly, lead with conviction, and yes, execute better business.
Can your wardrobe be part of your business strategy? Absolutely. If you’ve ever worn a blazer that makes you feel unstoppable or a dress that sparked a great conversation at a networking event, you already know clothes are not superficial — they’re strategic. Your wardrobe is your non-verbal brand. It speaks before you do. When used consciously, it becomes a tool to amplify not just your style, but your purpose. Especially for women, this is powerful. The right outfit can help you stand out in a sea of sameness, not for vanity’s sake, but for visibility.
your wardrobe like a vision board, the results are magnetic. Some people hear “sustainable fashion” and picture beige linens, boring basics, and a life without sequins (if you saw me at the awards, you’d know that’s not true). Sustainable style can be bold, joyful, and empowering. It’s about wearing what you love — and loving it for a long time.
It means investing in purpose-driven pieces, sourcing preloved gems, or being mindful about new purchases. It might mean mending instead of replacing. It might mean renting a showstopper for a big event. It’s not about perfection. It’s about alignment.
Wearing your values becomes a daily affirmation of what you stand for. Dressing consciously is a form of leadership. Most of us have faced the dreaded wardrobe meltdown before a big moment — the frantic trying-on, clothes everywhere, the feeling of “nothing works”. That chaos costs more than time. It steals your presence.
“Can your wardrobe be part of your business strategy? Absolutely. Your wardrobe is your non-verbal brand. It speaks before you do.”
We’ve all been told to default to “safe” neutrals — black, navy, beige. But empowering clothes aren’t always quiet. Sometimes they’re red and ruffled, bold-shouldered or perfectly tailored. Sometimes they make you feel like you could run the country — and let’s be honest, we need more women in those rooms.
I’ve had clients moved to tears — not by how they looked, but by how they felt. One tech founder came to me dressed head-to-toe in grey. “I don’t want to distract from my ideas,” she said. But she was the idea. Her presence was the brand. After we worked together, she started wearing rich jewel tones that made her feel alive. Her confidence — and her business — soared. In her words: “I finally feel like the woman I’ve always wanted to be.”
There’s a deep sustainability in wearing clothes that truly reflect who you are. You stop impulse shopping. You stop chasing trends. You start dressing with intention. And intention breeds confidence.
I always say: dress not for the job you have, but for the impact you want to make.
Ask yourself: Would my dream client feel drawn to me in this? Does this reflect how I want to feel today? Is this an outfit my future self would be proud of? When you treat
But when your wardrobe is aligned, edited, and empowering, the panic disappears. You know what to wear, when to wear it, and how it supports your message. It becomes your armour — not to hide, but to represent your most powerful self.
In my view, you don’t need more clothes — you need more clarity. Who are you becoming? What story are you telling? What legacy are you creating?
Your answers to these questions should shape how you get dressed. That’s not frivolous. That’s foundational. Whether you’re leading a team, pitching to investors, launching a brand, or entering a new chapter, your wardrobe can support you every step of the way. When filled with pieces that empower you, it becomes a springboard, not a stumbling block.
Style isn’t just in trends or magazines. It lives in your wardrobe, your mornings, your choices. When those choices reflect your identity and your power, they ripple into your work, your relationships, and your impact.
So the next time you stand in front of the mirror, ask yourself: Does this outfit support the future I’m stepping into? Because when you dress like you mean it, the world listens.
If anything I’ve shared resonates with you, please get in touch. www.finetunedwardrobe.com
With so many cosmetic treatments out there it can be hard to know what information to trust. Our readers asked us for clarification. You asked, we listened.
High-Intensity Focused Ultrasound (HIFU) has quickly become one of the most sought-after non-invasive cosmetic procedures in the UK.
Often dubbed the ‘lunchtime facelift,’ HIFU claims to be a solution for skin tightening and wrinkle reduction without the need for surgery, downtime, or needles. But how exactly does it work, and is it right for everyone?
HIFU is a cosmetic procedure that uses focused ultrasound energy to stimulate collagen production in the deeper layers of the skin. Unlike laser treatments that target the outer layers, HIFU can penetrate deeper, potentially reaching the superficial muscular aponeurotic system (SMAS) - the same layer tightened during a surgical facelift. By creating controlled heat at depths of 1.5mm, 3mm, and 4.5mm, HIFU causes micro-injuries that trigger the body’s natural healing response. This results in the production of new collagen, which lifts and firms the skin over time.
This treatment is most effective for individuals aged 30 to 50, who generally have sufficient collagen and skin elasticity to benefit from the treatment. At this stage, HIFU can induce lifting and firming as well as acting preventatively, potentially helping to slow down the signs of ageing before they become deeply embedded.
HIFU is most effective for individuals with mild to moderate skin laxity. Generally, people concerned with slight jowling, fine lines or the beginnings of moderate lack of firmness may be ideal candidates for HIFU. It is not a suitable replacement for a surgical facelift in cases of severe skin sagging.
“This treatment is most effective for individuals aged 30 to 50, who generally have sufficient collagen and skin elasticity to benefit from the treatment.”
Each HIFU session should start with a skin analysis and consultation to determine whether you’re a suitable candidate.
During the treatment:
• Your skin will be cleansed, and a special ultrasound gel applied.
• A handheld device is then used to deliver ultrasound energy beneath the skin’s surface.
• The session takes between 30 to 90 minutes, depending on the area being treated.
Patients typically report a tingling or warm sensation, and some experience mild discomfort in more sensitive areas like the jaw or forehead. However, no anaesthetic is usually required.
RECOVERY AND AFTERCARE
One of HIFU’s major benefits is the lack of downtime.
Most people return to their normal activities immediately. However, you may experience redness or slight swelling for a few hours, tenderness or tingling for a few days as well as minor bruising or numbness (in rare cases).
Side effects are usually temporary and minimal when the procedure is performed by a qualified professional using CE-marked or FDA-approved devices.
WHEN WILL YOU SEE THEM?
• Have active acne, infections, or open wounds in the treatment area
• Use blood-thinning medications or have a bleeding disorder
• Have metal implants or pacemakers
“One of HIFU’s major benefits is the lack of downtime. Most people return to their normal activities immediately.”
Some lifting and tightening effects may be noticeable immediately, but the full impact takes two to three months to develop as collagen production increases. Results typically last 12 to 18 months. Opting for annual maintenance treatments may prolong the effect. Those seeking more comprehensive rejuvenation sometimes combine HIFU with other treatments like dermal fillers or radiofrequency therapy.
HIFU isn’t suitable for everyone. You should not consider it if you:
• Are pregnant or breastfeeding
A detailed consultation with a certified practitioner is essential to rule out any risks.
It’s important to understand that HIFU is not a miracle cure. It is a middle ground between skin care and surgery. While you may experience noticeable improvements in skin texture and firmness, the results will always be subtler than surgical interventions. Outcomes will also vary based on age, skin condition, genetics, and lifestyle factors such as sun damage and smoking.
As with all cosmetic procedures, it is essential to have the procedure done by a qualified and experienced practitioner. HIFU may be marketed as something quick and easy but it is a cosmetic procedure that sends heat deep into the dermis and you want your practitioner to take suitable caution.
By KELLIE MILLER
Elizabeth Price’s characterful sculptures are highly sought-after and collected worldwide. Her figures are predominantly female, with an occasional signature male figure accompanying her ladies as a support act.
She captures everyday moments in life, often with humorous, full-figured women. Echoes of the late Beryl Cook
“One
Of These Days”
OBE’s paintings can be seen. Beryl’s lifelong work was dedicated to painting comical compositions of life’s daily encounters. She documented scenes in pubs, hen nights and people enjoying themselves. Simple life pleasures remind us of the good times that can easily be missed. Much like Beryl, Elizabeth is unassuming and private, preferring to express her inner flamboyance and extroverted persona through their artwork.
She says, “Figures are my visual language, my means of artistic expression. The work is sometimes all about people, their body language, mood, looks and stories. At other times, it is shapes, patterns or objects that inspire, or abstract thoughts and concepts – I reinterpret them as figures.
“Much like Beryl, Elizabeth is unassuming and private, preferring to express her inner flamboyance and extroverted persona through their artwork.”
She believes evolution has primed our brains to pick out faces, figures, and animals from what we see, and she is compelled to anthropomorphise what she witnesses. Her state of mind and recent experiences doubtless influence how the figures end up.
Her ideas either come in a flash or develop over time, prompted by personal experiences, people-watching, conversations, or triggered by a mere passing commentary. Contemporary dance is an influence, as are media images
“Hold That Thought”
and, of course, visual art. Sometimes, a title is the starting point for a piece; in other cases, the original idea cannot be expressed in words, so the title comes later.
Another draw to Elizabeth’s works is her Small Visitors series, reminiscent of The Borrowers— a fantasy novel by
“Pears – I, II and III”
“Elizabeth uses the visual messages of gesture and stance... The results can be serious, light-hearted, ambiguous, or enigmatic.”
Mary Norton that was adapted into TV series and films. The story is about tiny human-like creatures who live unseen in houses and seemingly borrow items from the humans that live there. Items that are borrowed are used as furniture or useful survival tools.
Elizabeth uses the visual messages of gesture and stance – for example, the tilt of a neck or the set of the shoulders – to express the state of mind or capture the moment in a narrative. The results can be serious, light-hearted, ambiguous, or enigmatic.
Kellie Miller is an artist, curator, critic and gallery owner. www.kelliemillerarts.com
By Tess de Klerk
“That laid-back atmosphere, I suspect, is no accident. After all, the surrounding Rif region is one of the world’s largest hash-producing areas.”
erched amid the dramatic peaks of the Rif Mountains, Chefchaouen is a city swathed in a thousand shades of blue. Often dubbed the “Blue Pearl” of Morocco, this town, equal parts serene and surreal, has become a favourite among photographers, seekers of peace, and yes, curious travellers like myself. But as we drove the winding road, ascending into the hills, a question lingered in my mind: Is Chefchaouen just another pretty tourist trap?
To my relief, and slight surprise, it isn’t.
Chefchaouen’s charm doesn’t feel orchestrated. The streets aren’t polished, and while you’ll undoubtedly spot fellow travellers angling for the perfect Instagram shot, the medina itself retains an authenticity sometimes diluted in more visited Moroccan cities. There are no aggressive vendors pulling you by the sleeve or elaborate schemes to lure you into carpet shops. In fact, it was refreshing to walk freely without being hassled, to browse slowly, to meet only relaxed curiosity in return.
That laid-back atmosphere, I suspect, is no accident. After all, the surrounding Rif region is one of the world’s largest hash-producing areas. While the town itself is far from a stoner’s paradise, the mellow vibe of Chefchaouen might just have something to do with it. People smile easily here. Shopkeepers chat without an agenda. It felt like being allowed to be - a nice change in Morocco.
The question most visitors ask first: Why is there so much blue? History offers a few theories. Some say the colour was introduced by Jewish refugees in the 1930s, symbolising the divine and the infinite sky. Others argue it keeps mosquitoes at bay or simply that it keeps houses cool in the sun. Whatever the origin, the tradition stuck - and is lovingly maintained. It’s not uncommon to spot a man or woman with a bucket of indigo paint, giving their doorstep or wall a fresh coat. The result? A medina that feels like a living canvas, serene and dream-like.
“Place Outa el Hammam is the medina’s heart, home to the 15th-century Kasbah and the Grand Mosque—the square pulsates gently with local life.”
We spent our two days simply walking - no destination in mind, no map. The alleyways twist and narrow in a way that might be confusing in Marrakesh, but here, it’s a pleasure to get lost. Around every corner, a new door, another lazy cat, or a street artist setting up a makeshift gallery. Place Outa el Hammam is the medina’s heart, home to the 15th-century Kasbah and the Grand Mosque—the square pulsates gently with local life. Older men sip mint tea beneath orange trees, and children dart through the fountain spray. Climb the Kasbah’s towers for a view that brings the blue into perspective—hundreds of rooftops tumbling down the hills like waves.
No visit is complete without the climb to the Spanish Mosque, perched on a hill overlooking the town. We made the trek in the late afternoon, joined by local teenagers and a few goats. From the top, we watched as the sun slipped behind the mountains, casting golden light over the sea of blue below. It was quiet. Peaceful. Beautiful.
If the town starts to feel too sleepy, lace up your boots. A short walk from the medina leads to Ras El Maa, a small waterfall where locals do laundry and cool off in the summer heat. A little further afield is Talassemtane National Park, a wonderland of cedar trees, hidden valleys, and the Akchour Waterfalls- one of the most rewarding hikes I’ve done in Morocco.
“Chefchaouen may be small, but it’s rich in Moroccan flavour.”
Chefchaouen may be small, but it’s rich in Moroccan flavour. At Restaurant Triana, we relaxed on a cool terrace overlooking the small river running from its mountain waterfall, while tucking into a lamb and prune tagine with a view over the rooftops. Another night, we found a quiet rooftop café where the mint tea came strong and sweet and where guests began spontaneously playing various instruments.
There are many B&Bs scattered through the medina and surrounding hills, each offering its own take on Moroccan hospitality. We stayed at Usha Guesthouse, a lovely and authentic spot tucked into one of Chefchaouen’s quieter corners. The rooms were simple but full of charm, and the rooftop terrace was a highlight - perfect for morning coffee
or watching the sunset blush the blue walls.A word of advice for fellow travellers: wherever you stay in Chefchaouen, prepare for stairs. The medina clings to the mountainside, and verticality is part of the city’s DNA. Narrow staircases are everywhere, often uneven and charmingly crooked. If you pack light, your knees will thank you.
Chefchaouen can be reached by road from Tangier (two hours), Tetouan (an hour), or Fes (four hours). The journey winds through pretty landscapes, dotted with olive groves and shepherds guiding their flocks. We had flown from Gatwick to Malaga to Tetuan where we easily found a private driver to take us to Chefchaouen for around £20. There are direct flights from Stansted to Tangier.
Once in town, choose a riad or guesthouse with a rooftop terrace as you’ll want to watch the changing light across the hills.
Spring and autumn are ideal times to visit, with warm days and cool evenings. And if you’re two women, and if you’re wondering about safety, as two women travelling, we felt completely safe, and I believe that I would have felt the same way had I been travelling solo.
Chefchaouen isn’t a tourist trap. It’s a quiet pocket of colour and calm, where time slows and senses sharpen. Go there with no expectations. Wander. Talk. Taste. Breathe in the blue. And let this Moroccan gem surprise you the way it did me.
By Tess de Klerk
Tucked away in the heart of Lewes, Zorba Meze & Grill has become a local favourite since its opening in 2022. This Turkish-Mediterranean spot, located near the centre of town, has already built a loyal following. Even on a Sunday evening, it was around 70% full, a solid turnout that speaks volumes.
The mood in the restaurant was lively yet relaxed. The layout is comfortable, with plenty of space between tables, and the open kitchen means you can watch the chefs at work grilling meats over the traditional charcoal mangal. A nice touch.
shish, and adana kebab. The menu pays clear attention to dietary needs - gluten-free dishes are well-marked, and there’s a decent number of vegetarian and vegan options too.
To start, I went for the trio of cold meze and selected the baba ganoush, tzatziki, and a caprese salad. The baba ganoush was velvety and smoky, the tzatziki fresh with just the right garlic kick, and the caprese surprisingly punchy, thanks to a drizzle of thick, tangy balsamic. My companion chose the mini feta-stuffed filo pastries. They were crispy and fine for what they were, though he said they were a little forgettable.
“The layout means you can watch the chefs at work grilling meats over the traditional charcoal mangal.”
Zorba’s menu is long and varied, as is often the case with Turkish restaurants. The usual suspects are all there: cold and hot meze, such as baba ganoush, tzatziki, and hummus, alongside mains from the grill, including lamb ribs, chicken
The mains, however, did not disappoint. He ordered the Ali Nazik lamb, a dish consisting of tender, marinated lamb cubes served over a bed of creamy baba ganoush and tomato sauce. The lamb was perfectly cooked, juicy and full of flavour, with that unmistakable grilled char. I had the mixed fish skewer, which turned out to be a plate of salmon, seabass, and king prawns, all grilled and served with rice and salad. The fish was well-seasoned,
not overdone, and nicely varied. It’s the sort of dish that leaves you feeling full but not weighed down.
One of the real strengths of Zorba is the portion sizes. It’s one of the things people love about Turkish food - you don’t just get your main, you get the sides, too. Rice, salad, and sometimes flatbread are par for the course, and it all adds to the feeling that you’re getting good value for your money. Our bill for two starters, two mains, two cocktails, and two glasses of wine came to around £120, including the tip, which felt fair for the quality and quantity.
Speaking of drinks, it’s worth noting that Zorba has a pretty extensive wine and cocktail list. The wine selection spans the Mediterranean and beyond, and the cocktails aren’t just tacked on, they’re thoughtfully put together, if slightly over sweet.
Another small but important detail: the music wasn’t blaring. That may seem minor, but too many Turkish restaurants fall into the trap of cranking up the volume and making conversation a chore. Here, it was pitched just right enough to add to the buzz, but not intrusive.
Zorba is doing a lot right, from its upbeat and welcoming atmosphere to a menu that ticks all of the boxes. It’s the kind of place that works equally well for a casual dinner or a celebration. If you’re in Lewes and fancy a generous, flavour-packed meal without the fuss, Zorba is a safe and satisfying bet.
Zorba Meze & Grill, Unit 2, Old Court House, Friars Walk, Lewes BN7 2FS www.zorbalewes.com
WORTHING WORTHING 10K
The Worthing 10K offers runners a scenic coastal route that’s both flat and fast, making it perfect for personal bests. Whether you’re a seasoned athlete or a casual jogger, the vibrant atmosphere and supportive crowds make this event a highlight in the running calendar.
June 8th
Worthing Seafront, BN11 3JT worthing10k.co.uk
NR GUILDFORD SURREY HILLS COUNTRY FAIR
This inaugural event celebrates the beauty and heritage of the Surrey Hills. Explore countryside skills, sustainable living exhibits, artisan stalls, and enjoy family-friendly activities. Set in the scenic Merrist Wood College, it’s a great day out for all.
June 21st-22nd
Merrist Wood College, Guildford, GU3 3PE surreyhills.org
WEYBRIDGE BROOKLANDS YEARS RELIVED – FESTIVAL
From the roaring glamour of race days in the 1920s & 30s to the luxurious golden age of mid-century travel, Brooklands Museum brings history to life. Celebrate the legacy of British motorsport and aviation with vintage cars, historic displays, and live demonstrations in an immersive weekend of nostalgia and excitement.
June 14th-15th
Brooklands Museum, Weybridge, KT13 0SL brooklandsmuseum.com
CHICHESTER CHICHESTER CHEESE AND CHILLI FESTIVAL
A gastronomic delight, this festival celebrates the finest cheeses and spiciest chillies. With tastings, live music, cooking demonstrations, and family entertainment, it’s a flavourful experience that caters to all palates and ages.
June 21st-22nd
Oaklands Park, Chichester, PO19 6AP cheeseandchillifestival.com
A historic rowing event, the Egham Regatta showcases competitive races on the River Thames. Spectators can enjoy thrilling boat races, riverside picnics, and a lively atmosphere, making it a quintessential British summer experience.
June 28th
Runnymede Pleasure Grounds, Egham eghamregatta.co.uk
Bring the kids and join Hiccup and Toothless on a trail through the historic grounds of Bodiam Castle. This interactive experience, inspired by the beloved book and film series, offers games and activities that teach participants the art of dragon training, making it a magical day out for families.
May 24th – September 7th 2025
Bodiam Castle, Robertsbridge, East Sussex TN32 5UA nationaltrust.org.uk/bodiam-castle
An opportunity for University of Surrey alumni to reconnect, the Surrey Weekender offers a series of events, talks, and social gatherings. It’s a chance to revisit campus memories and network with fellow graduates.
June 13th-15th
University of Surrey, Guildford, GU2 7XH surrey.ac.uk
Experience the enchanting Leonardslee Gardens illuminated under the evening sky. With live music, gourmet food, and light displays, this event promises to be a beautiful nocturnal adventure in one of Sussex’s most beautiful settings.
June 21st
Leonardslee Gardens, Lower Beeding, RH13 6PP leonardsleegardens.co.uk