Business Times newspaper November 2023

Business Times November 2023

Est. 1991

NE W S

In print and online Business Times is published in Northamptonshire for the county’s business community www.Business-Times.co.uk

FE AT UR E

Our SME survey tests the pulse of business. Take part today. P2

BU SIN ES S

Rachel Mallows on the county food sector’s resilience. P7

FE AT UR E

Analyse the actuals to keep your finger on the pulse. P8

Q& A

AUTOMOTIVE MATTERS ...to Simon Cowell. P15-19

Lee Ferris, MD at retailer Bell of Northampton. P17

James Saunders Watson, HM Lord-Lieutenant of Northamptonshire, joins Daventry Mayor Cllr Ted Nicholl to officially open a £3 million solar farm at engine manufacturer Cummins in Daventry. The company is also celebrating its 50th anniversary in the town. Full story: Page 3.

Logistics: The ‘beating heart of our economy’, said minister

R

oads Minister Richard Holden has defended and encouraged the growth of the logistics sector during a visit to DIRFT, Daventry International Rail Freight Terminal.

The Minister was there to get an update about Generation Logistics, which is powering into the second year of its campaign, to raise awareness of the logistics profession and find the next upcoming talent for the future of the industry.

More than 40 companies and industry organisations across the UK have signed up to be part of the campaign for its second year.

The campaign aims to increase recruitment and diversity across the logistics industry, which already provides thousands of jobs across Northamptonshire.

The Department for Transport continues to support the campaign with more than £645,000 invested over two years as part of the Future of Freight Plan, a policy plan outlining the government’s long-term vision for the UK freight sector.

Mr Holden said: “We want the freight and logistics sector to retain and attract diverse talent from across the whole country. That is why we have invested £645,000 over two years as part of our Future of Freight Plan to make the Generation Logistics campaign a success.

“It is fantastic to see Generation Logistics kickstart its second year of campaigning with a

Government is backing recruitment campaign with its Future of Freight plan renewed focus on education, as we continue to future-proof the industry by making logistics and freight an attractive career choice for the next generation.”

At another event, Mr Holden said:” Freight and logistics are the beating heart of our economy and it is only right that we celebrate the sector so that it gets the recognition and support it deserves.

“From boosting zero emission tech across freight to attracting the future generation of talent to the industry, we are working hard to drive innovation, create jobs and grow the economy by building a brighter, more innovative future for one of our most crucial industries.”

Generation Logistics executive sponsor Phil Roe said: “When we set up Generation Logistics, we were adamant it had to be a cross-industry campaign and we are delighted to have such a

wide range of organisations on board for our next phase. In the first year it has been heartening seeing the industry working together for the common good of the profession and I am positive this will continue into year two of the campaign.”

The next phase of the campaign will focus on raising awareness of logistics as a career option among 13–24-year-olds, as well as educators in schools and colleges. Teachers will be able to download logistics-themed curriculum-mapped resources that can be used to teach a range of subjects including maths, business studies and geography.

In addition, Generation Logistics is producing a careers guide to logistics that will be made available to every school and college in the UK, featuring case studies from the campaign’s Gold Sponsors as well as information about the wide range of careers represented in the industry.

Managed by the Chartered Institute of Logistics and Transport and Logistics UK, the campaign has generated 3.7 million engagements with its social media posts and 789,000 visitors to its Generation Logistics hub at www. generationlogistics.org.

The campaign has also created an ambassador programme and now has a network of over 300 individuals who work in the industry and champion the profession at school events or careers days.

Business News

Business Times T

Survey aims to deliver ‘pulse check’ on SMEs

Distributed by Royal Mail to more than 9,500 key executives and decision makers every month.

Editor Andrew Gibbs

Publisher Kerry Lewis-Stevenson

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Marketing & BDM Devon Luffrum

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Feature Writers: Annie Roberts, Sammy Jones Graphic Design: Simon Goodger Photography: Steve Brill

opical business challenges such as rising costs, marketing challenges, employee retention, and imminent employment law changes are due to be discussed in the fourth annual SME Business Survey.

Small and medium-sized enterprises trading in the UK are being urged to share the obstacles they expect to face over the next 12 months as part of the barometer, organised in partnership with other firms by Kettering-based HR specialist HR Solutions.

This is the fourth consecutive year that the award-winning human resources experts have run the study, which they use to gain a deeper understanding of the economic landscape and discover how SMEs plan to navigate the changing business climate. This time around, HR Solutions is partnering with Pulse Group Media publishers of Business Times and Business MK newspapers - and digital marketing agency qoob on the survey.

Collaboration with market leaders in publishing and digital marketing will strengthen the survey’s authority and reach, and therefore provide greater insight into how SMEs are faring, HR Solutions said.

The SME Business Survey was originally launched during the pandemic in 2020 and since then has provided powerful and valuable insights into the problems SMEs face in day-to-day operations, workforce management and planning for the future. Last year’s survey showed finances were a higher priority than ever before, with businesses citing recession, rising costs and retention of staff as their biggest worries.

HR Solutions uses all questionnaire data to produce an annual report addressing the issues raised and suggest recommendations for SME business owners to overcome the challenges.

The firm also creates a bank of resources each year, including webinars, advice,

templates and guides to help companies to tackle their identified issues more effectively. During 2023, this has included seminars on the cost-of-living crisis and employee retention, guides on employment law bills and EU reform and polls on the four day working week and artificial intelligence.

HR Solutions chief executive Greg Guilford said: “With our survey now in its fourth year, it has been enlightening to see the shift in mindset of SMEs during that time. Financial performance and securing new business were at the forefront of owner directors’ minds in 2023 but, despite the challenges, the support network we have created in response to the survey has meant that we have provided numerous businesses with opportunities for growth and development.

“We are proud to be able to provide this annual pulse check on the SME economic landscape and we are grateful to all those who take part in

The deadline for advertising in the next edition of Business Times is WEDNESDAY 15 NOVEMBER To book space in a future edition or talk to us about your advertising plans call 01604 259900 or email news@pulsegroupmedia.co.uk Stay in touch with business across Northamptonshire and read previous editions online at www.business-times.co.uk

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Business Times | November 2023

SYWELL AERODROME, SYWELL, NORTHAMPTON T: 01604 801620 E: enquiries@brooklandstechnologypark.co.uk W: www.brooklandstechnologypark.co.uk

Greg Guilford the survey and the subsequent support sessions as this enables us to collect useful information which can really make a difference. The results of the survey help us to predict the key factors influencing businesses in the coming year and share insight on how to overcome challenges.”

The survey, which has been designed to be quick and easy to complete, is online now. “The more people we can encourage to complete the survey, the better understanding we have on what support SMEs need right now,” Mr Guilford said.

Pulse Group Media director Martin Lewis-Stevenson said: “It is so important that the entire business community has the data to endorse their individual concerns and challenges in the current economic climate. That is why Business Times and Business MK, the area’s leading business newspapers, are involved with this survey.

“We want to reach as many of the business community in Northamptonshire, Milton Keynes and Bedfordshire as possible in order to glean as much information as we can that will help businesses across the region to grow and thrive.” qoob chief executive Matthew Rigby-White added: “I am thrilled for qoob to be a part of this partnership.

We believe in the power of collaboration and the importance of understanding the challenges that SMEs face, especially in these uncertain times. Our involvement in the SME Business Survey aligns perfectly with our ethos of questioning, observing, and optimising, and daring to be bold. We are committed to using our digital marketing expertise to help SMEs navigate their unique challenges and achieve their business objectives. This partnership provides us with an opportunity to gain deeper insights into the SME landscape, which will enable us to better serve our clients and contribute to the wider business community.” n To take part in the 2023 SME Survey visit https:// www.hrsolutions-uk.com/ business-support/smebusiness-survey before the end of the year.

For Northamptonshire’s business news visit www.Business-Times.co.uk

Business News

Engine manufacturer opens £3m solar farm E ngine manufacturer Cummins has opened a state-of-theart solar farm to power its Daventry plant.

The 20,000 sq metre solar farm has the capacity to generate 1.8 megawatts of renewable energy.

The investment, totalling almost £3 million, will also give the company’s carbon footprint reduction plans a boost. The panels will cut Cummins’ emissions by a further 5.5 per cent on top of the 30pc reduction the company has already achieved.

Plant manager Roy Free said: “We are very excited about the opening of

our new solar farm at the Cummins Daventry plant. The installation process was meticulously planned and executed by the facilities team, led by Brian Chaplin the Daventry facilities manager. We are confident that we will make a further significant impact on reducing our carbon footprint and ensuring a brighter future for generations to come.”

Since 2021, the Cummins Daventry plant has been operating a generator set recovery system to export test voltages and frequencies back to the grid. As of August this

year, the Cummins Daventry plant had already recovered one million KW/h of energy through this system.

The newly opened solar farm will increase the amount returned over the coming months. The two projects combined are going to reduce the electricity imported into the Daventry site by around 25pc.

The Lord Lieutenant of Northamptonshire, James Saunders Watson and Daventry mayor Cllr Ted Nicholl officially opened the new solar farm. Mr Saunders Watson said: “It was a pleasure to be invited to Cummins’ Solar Farm launch

event and to see the incredibly innovative technology first-hand.

This major Daventry employer is a pioneer in their field and their commitment to sustainable power technology is so important.”

Cllr Nicholl added: “It was great to understand the farm better and meet the team who have worked tirelessly to deliver the low-carbon energy project. Thank you to everyone for their time and for welcoming us so warmly. We congratulate Cummins on their 50th anniversary in Daventry and look forward to following their updates over the next 50 years.”

The Cummins Daventry Plant on Royal Oak Way South is one of Cummins’ many sites across the UK, employing more than 1,100 people.

Specialising in the production of advanced power generation sets and high-horsepower engines, the Daventry plant contributes to Cummins’ commitment to delivering innovative and sustainable solutions for a wide range of industries, including rail, mining, and beyond.

In 2021 Cummins opened its logistics hub in Apex Park, Daventry, supporting its operations across the UK.

Lighting firm completes acquisition deal

S

tage lighting manufacturer ROBE, whose UK base is in Northampton, has completed the acquisition of console and controls manufacturer Avolites.

The deal, for an undisclosed sum, completes months of discussion after ROBE expressed its intent earlier this year. Avolites shareholders have agreed the deal, which will strengthen ROBE’s position in the entertainment lighting industry and is part of the company’s growth plans.

PUNCH Flybrid managing director Tobias Knichel (right) jointly received the Green Award with customer Locquet Power & Light at the Matexpo in Belgium, an international trade fair for industrial machinery and equipment

Rebrand marks anniversary milestone

E

volution from a business specialising in punched metal to an independent supplier for the development and manufacture of state-ofthe-art powertrains has led to a change of name for an engineering company based at Silverstone.

The PUNCH group has rebranded as part of its 40th anniversary celebrations.

The change to become the DUMAREY Group reflects the company’s expertise in innovative and technologically advanced mobility and

power generation systems, including proprietary hydrogen technologies.

Every company within the group will transition to the DUMAREY brand in the next few months.

Founder Guido Dumarey, who remains as the company’s president, said: “It is with immense pride that we begin this new stage in our history, marked by our 40th anniversary, united and sharing the same values. Changing the name of our group is a key element in achieving our vision. Together, we will

ROBE’s UK managing director Mick Hannaford said that the acquisition will bring several strategic advantages to ROBE, including enhanced competitive positioning. This transaction has met with widespread industry interest and positions ROBE as the leading player in the sector.

He added: “This is an exciting moment for our organisation. We are confident that this strategic move will accelerate our growth and allow us to better serve our customers.”

ROBE was represented

by Milton Keynes-based law firm Heald’s corporate and real estate specialists.

Corporate and commercial partner David Dees said: “We are thrilled to have played a pivotal role in facilitating this acquisition.”

ROBE is headquartered in the Czech Republic. It manufactures moving and LED lights for concert halls, theatres, TV and film studios as well as theme parks and for architectural and environmental illumination.

IT’S NOT JUST A JOB.

advance our technological expertise in the field of hydrogen and electric propulsion technologies to help achieve our common goal of reducing the planet’s greenhouse gases.”

Implementation will take place over the next few months. It began last month when PUNCH Powerglide Strasbourg company, dedicated to the development and production of transmission solutions and automotive components, became DUMAREY Powerglide Strasbourg.

Jennie Jahina is a specialist employment lawyer, helping all sizes and types of private sector business, and public sector organisations. Jennie deals with strategic projects (restructuring, compliance, business relocations and outsourcing/insourcing exercises), day-to-day operational and people management matters, and employment tribunal representation.

If you need help with employment issues, call Jennie on 0800 088 6004.

“I pride myself on providing practical and clear advice, striving for outcomes that save businesses time, money, stress and reputation… It’s what I do.”

Jennie Jahina Head of Employment

www.hrsolutions-uk.com/sme-business-survey

0800 088 6004 enquiries@wilsonbrowne.co.uk wilsonbrowne.co.uk

PulseGroupMedia Driving customer engagement through trusted, informative media

To feature or comment email: news@business-times.co.uk

Business Times | November 2023

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Business News Research & Development Tax Relief: Updates 2023 Deborah Chapple, R&D Director at Ad Valorem Group, outlines the key changes to R&D tax relief regulations that came into force in April this year. licence is a licence to access and use a collection of digital data.

Cloud computing includes: n Data storage; n Hardware facilities; n Operating systems; n Software platforms.

Key changes introduced from April 2023 are as follows:

For expenditure incurred from 1 April 2023 SME R&D Tax Relief (SME) and R&D Expenditure Credit (RDEC) Rate Changes The SME enhanced deduction rate reduces from 130% to 86% and the SME payable credit rate decreases from 14.5% to 10%.

Conversely, the RDEC scheme, under which a large company or an SME conducting subsidised R&D may claim, increases from 13% to 20%.

As part of Finance Bill 2023-24, there is a higher rate of payable tax credit for loss-making R&D intensive* SMEs. Eligible companies can claim a higher payable credit rate of 14.5% if they meet the definition for R&D intensity. n A company is considered R&D intensive where its qualifying R&D expenditure is 40% or more

Extending the scope of R&D relief to cover mathematical advances

For accounting periods beginning on or after 1 April 2023

The definition of R&D for tax reliefs will be expanded to include all mathematics, clarifying in particular that ‘pure maths’ can qualify.

Advance Notification

From 8 August 2023

of its total expenditure.

If you are planning to claim R&D tax relief or expenditure credit, you must submit a claim notification form if: n You are claiming for the first time; n Your last claim was made more than three years before the last date of the claim notification period.

Data licence and cloud computing Qualifying expenditure is extended to include the relevant elements of data licence costs and cloud computing costs. A data

Tackling abuse and improving compliance A mandatory requirement to submit an Additional Information Form ahead of the R&D claim submission.

This includes: n A description of the R&D; n A breakdown of costs across qualifying categories; n The name of any agent or advisor who has helped to prepare the claim; n Claim endorsement by a named senior officer of the company.

For more information, visit www.advaloremgroup.uk

BID AGM welcomes new directors and co-chair

E

conomic development specialist Helen Miller and Northampton retailer Julie Teckman have outlined their vision for the town centre after joining the board of Northampton Town Centre Business Improvement District.

Ms Teckman, who owns Vintage Guru in St Giles Street, and Ms Miller, assistant director enterprise and employability at the University of Northampton, have begun work with their fellow directors to oversee the BID’s work to make the town centre a better place to work, live and visit.

The pair join a board led by newly appointed co-chair Sali Brown, of Chelton Brown Lettings & Sales, and Franklins Solicitors partner and head of business services Andrea Smith. Previous co-chair Kerry Reynolds stepped down at the BID’s AGM. “As a town centre retailer, I am well placed to understand the needs of businesses, the concerns we have and also the aspirations we have to make Northampton somewhere to be truly proud of and I cannot wait to roll up my

sleeves and get stuck in,” Ms Teckman said.

“The next few years have the potential to be hugely exciting for our town centre.”

Projects under way in Market Square, Abington Street and Fish Street are intended to unlock the town centre’s potential, added Ms Miller. “It has been a tough time for town centres up and down the country but we are now starting to realise different ways they can be used and that natural evolution has begun.”

BID operations manager Mark Mullen paid tribute to previous co-chair Ms Reynolds, regional director at Metro Bank, praising the ‘passion, determination and professionalism she bought to the team throughout her term’.

Her successor Ms Brown said: “This is an exciting period for the town centre with work under way on high-profile projects that are going to change the face of Northampton for years to come. It represents a huge opportunity for businesses to make the most of that investment and establish themselves in our town centre as we embark on an exciting new era.”

Northampton BID co-chairs Andrea Smith (left) and Sali Brown

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Business Times | November 2023

For Northamptonshire’s business news visit www.Business-Times.co.uk

Business News

Manufacturer opens doors to the future

H

igh-performance polymer manufacturer igus UK welcomed guests for a tour of its factory in Northampton and an insight into its manufacturing technology to celebrate National Manufacturing Day. The company hosted the event with IT company Paradise Computing. Guests took a guided tour of the factory on Brackmills Industrial Estate and heard detailed descriptions of the advanced machinery and robotics employed in the manufacture of igus UK’s motion plastics and cables. igus has been developing and producing motion plastics innovative products made from lubrication-free plastics - since 1964. These include energy chains, cables, plain bearings, lead screw technology, robots and intelligent sensors designed to help igus UK’s

customers to improve their technology and reduce costs.

IT support and services provider Paradise Computing, also based in Northampton, has been collaborating with igus UK to promote digital transformation in manufacturing. Sales director Alex Hamp said: “Adopting new technologies is not just about installing the latest software or machinery. It is about having a holistic technology view that harmonises every aspect of your operation, from robotics to ERP systems. This integrated approach is essential for a successful digital transformation, enabling companies to not just compete but to excel in today’s complex manufacturing landscape.”

The event attracted delegates including engineers, business owners, industry experts and

consultants.

“The tour provided an unparalleled opportunity for knowledge sharing and handson experience,” said Paradise Computing’s marketing manager Cassandra Campbell.

“It is all about bridging the gap between different sectors and showcasing how technology can solve real-world manufacturing challenges. Collaboration is the cornerstone of innovation and our partnerships are testament to this philosophy.

“We believe that understanding these technologies is key to realising the full scope of digital transformation. We are eager to continue working closely with companies like igus and the broader Northamptonshire community to unlock the limitless potential of modern manufacturing.”

Councils agree to take on SEMLEP support role S ix councils across the South East Midlands have agreed a deal to take over the business support functions previously delivered by the South East Midlands Local Enterprise Partnership, SEMLEP. Activity including strategic economic planning, the Growth Hub and the Careers Hub, which links schools and colleges with employers to create worldclass careers opportunities are among those that will move under the authority of West Northamptonshire Council from April 1.

The decision follows the government’s decision to cease core funding of Local Enterprise Partnerships from April 2024 and for the LEP functions to be delivered by local authorities.

Working in collaboration, the six local authorities – West and North Northamptonshire, Milton Keynes, Bedford, Central Bedfordshire and Luton - will build on the successes of

the LEP to secure the future economic success of the South East Midlands region, they said in a statement.

SEMLEP chief executive Hilary Chipping said: “This decision marks the end of a long period of uncertainty for the SEMLEP team. We remain committed to responding to the needs of local businesses through our Growth Hub and Careers Hub and will work with our local authority partners to ensure a seamless transition to the new arrangements.”

SEMLEP and West Northamptonshire Council have begun preparatory work

Hilary Chipping

To feature or comment email: news@business-times.co.uk

for the transfer. That will continue in the run-up to April 1, led by the Central Area Growth Board, and will include detailed proposals for the engagement of local businesses.

West Northamptonshire Council leader Cllr Jonathan Nunn, who co-chairs the Central Area Growth Board, said: “SEMLEP has carried out excellent, invaluable work in supporting our region’s many businesses and boosting economic prosperity across our area and all six local authorities are dedicated to building upon those achievements under these new arrangements from spring next year.

“West Northants is privileged to be chosen to host these functions on behalf of all partners, and we will continue to work closely and collaboratively to support and strengthen business communities across our region and shape fresh opportunities for all.”

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Business News Northamptonshire has been celebrating the wonders of its food and drink producers at the Weetabix Northamptonshire Food & Drink Awards. Their organiser Rachel Mallows, MBE DL, talks to Andrew Gibbs about how the county is tasting progress as it recovers from its particular challenges of the past few years.

Everyone sees the sector as an asset to their business

Rachel Mallows, MBE DL

Get in touch

F

ood and drink producers across Northamptonshire are showing their resilience and stomach for the fight as the sector continues to battle on multiple fronts to survive particularly challenging times.

The praise has come from the organiser of the Northamptonshire Food & Drink Awards. Speaking exclusively to Business Times ahead of the annual awards ceremony this month, Rachel Mallows, MBE DL said that county consumers and businesses are fully behind the sector.

She also revealed plans to set up a mentoring scheme, calling for volunteers from business and the wider community to offer their time and expertise to help food and drink sector businesses with their plans for a brighter business future.

This year’s Weetabix Northamptonshire Food & Drink Awards are set to be a record success, with all 19 categories fully sponsored and strong interest from businesses in being part of the competition, now in its 15th year.

That bodes well for the sector’s future, Mrs Mallows said. “It is a really difficult time for the sector at the moment because costs are still high and people are having to watch their pennies so the restaurants are finding that they are coming out to eat once a month rather than once a week. Producers are trying to keep their costs down to keep their produce as affordable as possible but it is a struggle to break even.

“Some businesses are doing exceptionally well but I get a real sense that the sector and those who support it really want to encourage the sector at this time. It is a really resilient sector, with some amazing people working in it and I am over the

www.elsbyandco.co.uk help@elsbyandco.co.uk 0330 053 9189

To feature or comment email: news@business-times.co.uk

Good restaurants enhance the area’s reputation, which helps in attracting and retaining staff moon that the awards give us all a chance to celebrate that.”

Mrs Mallows plans to announce the food and drink sector mentoring scheme at the awards ceremony, which is due to take place at the Royal & Derngate on November 1. “I am looking for a way to build a stronger network between people,” she said.

The industry adapted quickly when the pandemic hit in order to maintain contact with its customers and local community. Pubs became shops, restaurants became delivery hubs distributing supplies to those in need at home. The wider community, particularly Northamptonshire’s business community, has been quick to recognise the sector’s determination to survive and return to success.

Employers both in the sector and outside have come forward to support the Weetabix Northamptonshire Food & Drink awards, including Weetabix, British Pepper & Spice, leading flour miller Whitworth & Co and regional law firm Howes Percival.

“Everyone sees the Northamptonshire food and drink sector as an asset to their business,” Mrs Mallows said. “Good restaurants enhance the area’s reputation, which helps in attracting and retaining staff, and it is a case in this county of large businesses helping smaller and startup businesses. They are doing so in their support of the awards and that is

an example of why Northamptonshire is unique. It is its own ecosystem.”

Mrs Mallows is a passionate champion of the sector. Her parents ran a fish and chip shop in Northampton when she was a child “I am vegetarian now so that clearly had a lasting impact on me,” she joked - and her family hails from a rural background.

“I grow my own veg in my garden and keep bees. When you live in a rural area, you come to understand something about the importance of the land to the people.”

She is also a passionate advocate for Northamptonshire, and in 2016 was appointed MBE for services to businesses and entrepreneurship. As well as being founder and managing director of The Mallows Company, which provides coaching, mentoring and business support services, she is a non-executive director of SEMLEP, chair of Northamptonshire Community Foundation and of the county’s visitor economy champion Northamptonshire Surprise and charity manager of the Nicholls Spinal Injury Foundation.

“The awards are about emphasising a real sense of place, somewhere we call home,” Mrs Mallows said. “It is about ensuring that Northamptonshire is the best it can be. People want to enjoy what the county has to offer. They believe in keeping their spend local and over the years we have demonstrated that the Gross Value Added contributed to Northamptonshire by its food and drink sector has increased because of that.”

To find out the winners vist www. northamptonshirefoodanddrink.co.uk

Read what our clients say about us Business Times | November 2023

7

Analysis

Analyse the actuals for a valuable reality check

Promises, promises... and when a contract becomes legally binding

W

hile some business transactions are quick and simple, many involve protracted negotiations as you shop around for the best provider of goods or services and negotiate hard to get the best terms and conditions.

“It is important to understand what makes a legally binding agreement and why additional safeguards may be needed,” said Tom Bodkin, a commercial solicitor with Borneo Martell Turner Coulston Solicitors in Northampton.

The five steps to forming a contract English contract law sets out five requirements needed for a contract to be legally formed: n An offer has to be made from one party to another; n One party has to accept that offer, although there may be some counteroffers before an acceptance takes place - for example, with negotiations on pricing or additional services; n The price and payment terms for the goods or services needs to be agreed;

n There needs to be intent between the two parties to enter into the contract; n Any additional terms must be agreed between both parties.

A handshake or an oral agreement It is possible to complete all five requirements orally and seal the deal, so to speak, with a handshake to represent the signatures and acceptance of the contract. However, there is an increased risk of conflict arising if the contract is broken, as a lack of written terms means the parties cannot be held accountable as easily.

How to ensure amendments to a contract are legally valid The contract’s wording will determine how any amendments will become effective. Usually a written contract will require agreement of both parties in writing, indicating that signatures of each party would be expected.

In a professionally drafted contract, the execution clauses provide important clarity. For example, if an execution

Variance analysis is a key part of assessing how a business is performing against its budget.

Financial expert Adrian Goodman explains.

Tom Bodkin clause states that the contract must be signed either electronically or in ink, it would be important to make clear whether the same method of signature or another method would be accepted by the parties for any future amendments to the contract.

One way to always ensure that your business agreements are legally valid is to have them drafted or checked by a solicitor before you confirm your acceptance. This will also ensure your business interests are protected. n For an informal discussion, contact Tom Bodkin in the corporate and commercial team at Borneo Martell Turner Coulston on 01604 622101 or email tom.bodkin@bmtclaw.co.uk.

Redundancy: Consider all options before the last resort

P

lanned job cuts in the UK have risen by more than half since mid-2022,

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new statistics show. It is an unprecedented surge in employers anticipating having to

Business Times | November 2023

make redundancies. But employers are being urged to consider alternative solutions to their challenges

before opting for a reduction in headcount.

Redundancy should always be a last resort and one HR expert is advising all employers to handle the process with delicacy and sensitivity.

“Redundancy can be a daunting process but it should never be hasty,” said Rachel Collar, founder and managing difector of Towcester-based consultancy Haus of HR. “Proper planning sets the scene for a transparent and well-structured procedure.”

It is important to gather all necessary information and hold pre-planning discussions before any action is taken. In situations where 20 or more redundancies are anticipated, collective consultation becomes necessary.

“Collective consultation is all about inclusivity,” said Ms Collar. “Engaging all relevant stakeholders and planning wisely can relieve some of the anxiety associated with redundancy discussions.

“Objective criteria for selecting employees for redundancy is vital. The process should be fair and justifiable without discrimination.”

Following employment law is crucial but employers also need to show empathy and support. “Clear communication, keeping employees informed and helping them to find new opportunities can significantly impact the company’s reputation during challenging times,” Ms Collar said.

I

f you have read my previous articles, you will be aware of my stance on financial control, performance evaluation and, specifically, management accounts.

In summary, monthly management accounts are vital for any business keen to achieve profitable growth.

However, management accounts are only really the first part of your analysis.

Once you have carried out your performance evaluation, you need to understand what went well, what did not go well and the reasons why. This is where variance analysis comes in.

Put simply, variance analysis is the process of comparing your actual results to your budgeted results and understanding the reasons why you exceeded or fell short. This means you need to have a budget in place. I extolled the benefits of a wellcrafted budget in last month’s article and this is where putting the work in to create it will start to pay off.

If you have compiled your sales budget based on selling x number of products at £x price, then you can simply multiply one by the other to arrive at your budgeted sales revenue for the period. When the period is over and the results are in, you can review the actual volume of products sold and the average selling price, then compare this to the expectations set in your budget.

This leads to an overall sales variance, which is either adverse (worse than budgeted) or favourable (better than budgeted). The overall sales variance consists of two composite variances: n Sales volume variance: The volume actually sold compared to the volume we expected to sell. n Sales price variance:

The price actually charged to customers compared to the price we expected to charge.

These variances, when added together, will match the overall sales variance as these are the only two reasons your sales revenue can deviate from budgeted levels.

They will also be adverse or favourable variances, although it is possible that one could be adverse and the other favourable.

For example if you sold more products than expected, your volume variance will be favourable, but if you charged a much lower price in order to achieve higher sales volumes, your price variance would be adverse. The hope would be that the volume variance would be favourable enough to cancel out the adverse price variance and leave you with a favourable variance overall.

But it can also go the other way.

Cost variances work in the same way. For example, if you expect to buy a certain amount of material at a certain price but you actually need more material than expected, or your supplier charges a different price, this will lead to a material cost variance.

This is broken down into: n Material usage variance: Material actually used compared to the amount we expected to use. n Material price variance: The price actually paid to the supplier, compared to the price we expected to pay.

This type of analysis applies to any line of your budget which was calculated as volume x price (or similar metrics, such as hours required x hourly rate) So if you have management accounts and a budget in place, you are halfway there.

Unless you are following up with variance analysis, you are missing a trick.

Adrian Goodman

www.ppxconsulting.co.uk adrian.goodman@ppxconsulting.co.uk 01536 856 740

Adrian Goodman is managing director of PPX Consulting and author of Achieving Profitable Growth, a guide to establishing financial control in business.

For Northamptonshire’s business news visit www.Business-Times.co.uk

To feature or comment email: news@business-times.co.uk

Business Times | November 2023

9

Business News

Kier acquires Buckingham Group rail division 180 jobs transfer but 440 redundancies confirmed after firm’s administration

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ore than 440 staff at Buckingham Group Contracting, which went into administration last month, have been made redundant.

Administrators Grant Thornton UK and Buckingham Group directors had been seeking potential purchasers for the company’s building, civil engineering, demolition, major projects and sport and leisure divisions but without success.

However, Kier Group has stepped in to complete the acquisition of Buckingham Group’s rail division and its HS2 contract. The purchase has secured 180 jobs for Buckingham Group employees, who move to the Kier Transportation division.

Joint administrators Rob Parker, Jon Roden and Kevin Coates continue to operate part of the company’s head office function in the short term, in support of Kier Group’s purchase, retaining around 45 staff.

Kier Transportation managing director Joe Incutti said: “The Buckingham Group Contracting rail business had built a very strong reputation for assured delivery in the rail sector. I am pleased that we

now welcome 180 new colleagues into Kier Transportation. The team will further strengthen our capability and this helps to bring an end to a period of uncertainty for clients and employees by ensuring continued delivery on existing projects, and the retention of hugely important skills and expertise in the rail sector.”

Buckingham Group Contracting Ltd incorporated in 1987, having been founded in 1955 as Buckingham Plant Hire. The company, based at Stowe near Buckingham, grew to become a leading contractor on major construction and civil engineering projects.

The company built several sportsrelated buildings including Stadium MK, home of Milton Keynes Dons FC, the London 2012 Olympic handball arena, a £30 million pit lane development at Silverstone Circuit and Brighton & Hove Albion FC’s £93 million stadium.

Its filing for administration put projects including a £80 million stand at Liverpool FC’s Anfield Stadium, the redevelopment of Birmingham City FC’s St Andrew’s ground and a stand at Northampton Town FC’s Sixfields Stadium on

Eagle Lab set to boost innovation

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Owen Moran hold. The company had also been working on a new stand at Fulham FC’s Craven Cottage ground.

The collapse of Buckingham Group Contracting is the largest in the UK construction industry since Carillion’s liquidation in 2018.

Subcontractors are owed up to £100 million Buckingham Group Contracting chairman Mike Kempley said: “After 36 years of uninterrupted

arclays has opened a new Eagle Lab at Vulcan Works in Northampton.

The Eagle Lab aims to drive economic growth by signposting start-up and young businesses to a network of industry experts and mentors, growth programmes, events and workshops, investors and funding streams.

Barclays Eagle Labs’ eco system manager Owen Moran will be based at Vulcan Works as part of a contract between the bank and Oxford Innovation Space, which manages Vulcan Works.

Mr Moran said: “Eagle Labs provide a wealth of support to start-up businesses, particularly those who are focused on

technology and innovation.

Physical spaces like this are vital for businesses to get connected with our mentors, specialists and to create a collaborative community with each other.”

West Northamptonshire Council said the arrival of the Barclays Eagle Lab is a valuable addition to the existing level of business support.

“This is set to enhance and amplify the expert support already available for businesses in the area and make a real positive change to our local economy,” said Cllr Dan Lister, cabinet member for economic development, town centre regeneration and growth.

trading, this is an extremely sad day for all the exceptionally committed and talented people who have made Buckingham Group Contracting the business it is.

“In moving to Kier, we are sure our teams are in good hands and will continue to deliver an excellent service, and many other businesses are now engaging with the remaining 500 or so Buckingham employees. We would like to take

this opportunity to thank the client and supply chain businesses who have supported the company over many years.”

Administrator Rob Parker said: “It is with regret that, despite the best efforts of the directors and the company’s advisers, a sale of the company’s remaining divisions was not possible.

The Grant Thornton team will work with the employees affected to support them through this process.”

YES, YOU CAN HAVE YOUR CAKE AND EAT IT...

If you think you can’t get expert legal advice without it costing a fortune, think again.

Review your contracts of employment and staff handbooks… for free In the last few years...

There have been two key changes that may affect employment contracts and handbooks.

April 2020 saw changes requiring employers to issue written statements including prescribed information to each new worker on or before their first day.

The necessary detail require changed e.g. training information must now be included as must all forms of paid leave – including family friendly leave.

Hybrid and remote working Another change is the shift in traditional working practices. Gone is the 9-5 office based role, for many replaced with flexible ways of working including hybrid working – potentially here to stay for the medium to long term. Do your contracts and policies adequately cover this?

Further likely changes Restrictive covenants: potentially, changes will be made to the future enforceability of restrictive covenants.

Check that your contracts provide sufficient protections

To feature or comment email: news@business-times.co.uk

to your organisation’s information as you may find confidential information and (where applicable) IP clauses need updating.

Contracts: are yours up to date?

Unless your contracts have been revised to take account of the changes, they will not be legally compliant. This may not be an issue for those the organisation employed before April 2020, but it will be an issue for any new hires you have taken on, or you are planning to take on.

In conclusion, can you be 100% certain your contracts and handbook reflect your current way of working?

What is the cost?

There is none – we don’t charge for the review (charges would only apply if you ask us to help update the applicable documents).

Contact the Employment Team (EmploymentLaw@ wilsonbrowne.co.uk), or call 01604 876697 for further information to arrange your free review.

Jennie Jahina is a Partner and Head of the Employment team. A member of the Employment Lawyers Association, Jennie has 23 years’ experience as an employment lawyer and is an accredited CEDR Mediator.

Specialising in all aspects of employment law, she routinely acts for both private sector organisations ranging from SMEs to multi-national companies and public sector organisations.

Business Times | November 2023

11

Advertisement Feature

Ready for renewal: Businesses and BID staff pictured at the AGM that revealed the schedule and plans for the vote on a new five-year term for Brackmills BID.

Brackmills BID unveils its renewal plans Businesses on Northampton’s Brackmills Industrial Estate are being urged to secure the estate’s future and vote yes to renewing its status as a Business Improvement District.

Since first voting yes to becoming a BID nearly 15 years ago the logistics and business estate - now home to more than 180 businesses and over 180,000 employees - has been transformed.

Back In 2008, a time before the BID was first established, Brackmills was a prime target for criminal gangs involved in thefts from and of lorries.

Laybys and verges were crowded with parked cars and several road hazards had resulted in fatalities.

Today, crime is at an all-time low, roads are wellmaintained, businesses are supported and the estate is clean and green.

Speaking at the BID’s Annual General Meeting in October, Sara Homer, CEO of Brackmills BID, unveiled plans for next year’s ballot to renew the estate’s status as a BID. “We are now in the final year of our third term as a Business Improvement District and this means it is time to start planning for the future of our estate,” said Sara.

“Our current five-year BID term is set to conclude in May 2024, so our focus is now shifting towards

securing another YES vote. Only with a YES vote can we ensure our status as a thriving BID continues for at least another five years.”

Businesses have been pooling an annual levy for

BID TIMELINE October 2023- March 2024 Brackmills businesses have their say February 14, 2024 Brackmills BID goes to ballot Wednesday, March 13, 2024 Final chance to vote Thursday, March 14, 2024 Result of BID ballot is announced

“Together we can make the estate even better over the next five years.”

nearly 15 years to fund a host of improvements on the estate - and are now being invited to vote again, to ensure the dramatic improvements as well as future plans and ambitions can continue to be funded.

Over the next few months the BID team will be visiting Brackmills organisations to find out what owners, managers and staff want the BID to invest in and prioritise over the next five years. This feedback will then shape the BID Business Plan for the next five years.

Howard Wilson, Chair of the BID, added: “As a BID we have worked together to achieve a huge amount on Brackmills and it is essential we don’t take this for granted. Only by voting YES will Brackmills continue to thrive.

“So, if you are based on Brackmills tell us what you want, complete our survey, download our new app and make your voice and your views heard.”

Charlotte Patrick, Vice Chair of Brackmills BID, told AGM guests: “Brackmills BID is a community so tell us what you want. Together, we can make the estate even better over the next five years. Let’s not go back to the days when it was neglected, unloved, crime was high and people felt unsafe.

“Have your say and vote YES.”

MEET THE BRACKMILLS BID BOARD MEMBERS Sara Homer Brackmills BID CEO Howard Wilson Startech.com, BID Chair Charlotte Patrick Northamptonshire Logistics Awards, BID Vice Chair Alistair Shepherd Baxter Healthcare Ltd David Drummond Hartings Jon Morgan In N Out Autocentres

Kevin McAllister Bechtle Ltd Cllr Jonathan Nunn Leader, West Northamptonshire Council Mark Meadowcroft Signs Express Maria Mckeown Travis Perkins Cllr Phil Larratt Nene Valley ward, West Northamptonshire Council, Portfolio Holder for Environment, Highways,

n Find out more about Brackmills BID at www.brackmillsindustrialestate.co.uk 12

Business Times | November 2023

Transport & Waste Services Richard Baker Prop-search.com Stephen Hylton Alcura Zach Patel-Champion Miswa Chemicals Ltd John Harley Honorary Director

n Contact CEO Sara Homer: sara.homer@brackmillsindustrialestate.co. uk For Northamptonshire’s business news visit www.Business-Times.co.uk

Appointments

Live travel news, bus updates, special offers and news

Brackmills launches new app Northampton’s Brackmills Industrial Estate has this month launched a new app, packed with maps, live traffic and bus updates, special offers and discounts, news and events.

This new app also includes a Get Active section with cycleway and footpath routes, classes and clubs, a business directory and a whole lot more.

As an added incentive, Brackmills BID is running a competition.

Download the app to be in with a chance of winning one of six £25 vouchers, to spend in a Brackmills business of your choice.

Via a smart phone, click on the link below to download the new Brackmills app. https://onelink.to/e82e9g

Accountant puts her best feet forward

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eet Kirsten Noble, the new group financial accountant at world-famous footwear manufacturer Dr. Martens.

Kirsten graduated from the University of Northampton with an honours degree in

Finance and Accountancy four years ago and has joined Dr. Marten’s head office at Wollaston after completing her professional training with accountancy firm DNG Dove Naish in Northampton.

“I was born and grew up

in Northampton and I am so proud to call it my home town,” she said. “Being a graduate of University of Northampton and now working for a global footwear brand that began in Northampton, it just feels meant to be.”

Arrivals boost HR firm’s growth

H “Thanks to our new app all our estate information is in one place, at the touch of a button and available to all. We tested the Brackmills app before launching and a group of volunteers from across the estate helped us shape the design and content.

Download it today – perfect not just for senior staff, but for everyone working on our estate.”

HOWARD WILSON StarTech.com, BID Chair

“There is something for everyone on this app. You have traffic information and bus updates so that people working on our estate will literally know when the next bus is coming.

“There is upcoming news from the estate, money off vouchers, and Get Active information. What’s not to love?”

“This app is a great initiative. The traffic updates are particularly useful for my team, who walk, cycle and scooter to work and value the instant and live updates available on the app at the click of a button.”

ALISTAIR SHEPHERD Baxter Healthcare

MARIA MCKEOWN Travis Perkins

n Download the new Brackmills app https://onelink.to/e82e9g To feature or comment email: news@business-times.co.uk

R and recruitment specialist Haus of HR is continuing its expansion with the arrival of two Chartered Members of the CIPD as HR consultants.

Alison Allen (top) has worked in the sector for almost 25 years and has been specialising in delivering accredited menopause training, mediation and coaching.

Jackie Thompson (bottom) has more than 20 years of HR experience, mainly building HR departments from scratch and developing comprehensive people strategies for small and medium-sized businesses.

“Their wealth of experience and diverse skill sets will undoubtedly enhance our ability to provide exceptional HR solutions to our clients,” said Haus of HR’s founder Rachel Collar. Ms Allen and Ms Thompson are now working with Kelly Henderson and Hayley White, who joined Haus of HR earlier this year.

Senior manager joins expanding audit team

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n award-winning accountancy firm has welcomed a new key member of staff to its growing audit team.

Elsby & Co, which has bases in Sywell and Rushden, has appointed Sue Halsall as its new audit senior manager.

Ms Halsall brings with her a wealth of experience having worked as an audit manager for 22 years and as a training manager.

She said: “After university I got a job with the Northampton office of a Top 20 firm and did my training there before moving to another firm where I was audit manager, working in all sorts of fields but primarily in limited company audits.

“I was also training manager at my previous firm and training is something I am incredibly passionate about.

“This is the perfect time for me to join Elsby & Co because the audit side of the business here is growing and I am excited about playing a part in driving that forward and shaping what happens here next.

n

“We have a fantastic team, ranging from trainees at the start of their career to more senior members of staff, and I am relishing sharing my years of experience with them.

“It truly is a collaborative team - everyone trains one another and shares their knowledge generously and that is really nice to see.”

Elsby & Co’s core auditing services include statutory audits, charity audits and other specialist audits.

Elsby & Co partner Leona Bateman said: “Auditing is a growing area for firms of our size and it is an expanding area for us. We may be smaller than the Top 10 firms which also offer audit services but we follow the

same auditing standards. We offer a friendly and personal service. We also recognise that often when companies are audited their perception is this is an expensive process but a necessary evil and they often do not feel they get any benefit from it.

“We always seek to add value for our clients so when we carry out an audit, they not only get an audited set of financial statements but also receive a management letter and we make suggestions to help them to improve their systems and controls and discuss any risks within their business. We want to be a critical friend to them who is always there to guide them in the right direction.”

Sue Halsall

Leona Bateman

To find out more about Elsby & Co, visit https://www.elsbyandco.co.uk

Business Times | November 2023

13

Your Business Times QOOB

Marketing: Start your planning in advance - it can make all the difference

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n the fast-paced world of business, timing is the key to success - especially when it comes to marketing your business writes Matthew Rigby-White, chief executive of Qoob Agency.

However, effective marketing does not happen overnight; it is a result of months of meticulous planning, tailored strategies and constant finetuning.

Here is why I am encouraging business owners to start thinking about next year’s marketing activities today.

Crafting a cohesive strategy takes time There is no ‘one size fits all’ strategy when it comes to marketing. It requires careful planning and strategy development

tailored to your business and its unique audience.

Rushing into marketing without a well thought out plan can lead to wasted resources and inconsistent messaging.

Starting your marketing activities early allows you to craft a cohesive strategy that aligns with your business goals and values.

Brand awareness does not happen overnight A successful marketing campaign is about more than just selling a product or service; it is about building a brand.

Building brand awareness is a gradual process that takes time and consistent effort. By starting your marketing months in advance, you allow your brand to seep into

the consciousness of your target audience slowly but surely and establish trust and credibility.

Matthew Rigby-White

Starting early provides the opportunity to experiment and refine your strategy over time.

GRIFFITHS AIR CONDITIONING

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s more and more people understand the benefits that heat pumps can bring in heating their homes or commercial premises, Burton Latimer-based Griffiths are working hard as the county’s premier installer of this energy-saving microgeneration technology.

Heat pumps extract heat from the air or ground and very efficiently use it to warm the water flowing through radiators or underfloor heating. They are powered by electricity but 1kW of electrical power will produce around 4kW of useable heat - so four times more energy-efficient than an electric fan heater.

Griffiths were the first Northamptonshire approved installers of heat pumps under the Microgeneration Certification Scheme back in 2008 and have carried out hundreds of heat pump jobs since then. If the new heat pump is replacing a gas or oil boiler, electric night storage heaters, or is for a new selfbuild house, it will qualify for an upfront government grant under the Boiler Upgrade Scheme of £7,500.

Working with two of the biggest names in heat pump technology - Daikin with regards to air source heat pumps and Kensa for the ground source projects - Griffiths have built up a wealth of experience in application, installation and servicing.

Griffiths are Daikin D1+ Premier Partner Approved Installers of air source heat pumps and part of Kensa’s Underground Network of

Successful marketing is not linear Marketing is an ever-evolving process. It involves testing different approaches, measuring results, and adjusting based on data and feedback.

Starting your marketing early provides the opportunity to experiment and refine your strategy over time, leading to more effective marketing campaigns.

Building relationships with customers takes time Effective marketing is not just about acquiring new customers; it is also about building relationships with your existing ones.

When you start marketing early, you have time to engage with your audience consistently, nurturing relationships and fostering loyalty.

Customers who feel valued and connected to your brand are more likely to become repeat buyers and brand advocates.

In today’s business landscape, where competition is fierce, starting your marketing activities in advance can make all the difference. At Qoob, we empower brands to reach their full potential by crafting marketing strategies that deliver measurable results. n To discuss how we can help you accelerate your online growth, call us on 03303 801 651 or email enquiries@qoob.agency.

SAXON BLINDS

Heat pumps: The answer to greater energy efficiency Approved Installers for ground source heat pumps.

Daikin Altherma air source heat pumps are available in three versions: n LT (low temperature) that provide hot water up to 65°C; n HT (high temperature) with a maximum of 80°C. The high temperature systems are ideal for larger or hard to heat properties such as listed buildings. n The Altherma Hybrid air source heat pump, a combined heat pump and combi gas boiler aimed at the gas boiler replacement market but is equally suitable for new builds that have natural gas or LPG available.

It could provide a 35 per cent saving on current gas costs. Unfortunately the hybrid systems do not qualify for the BUS grant.

As well as installing the heat pumps, Griffiths’ engineers can also carry out all associated plumbing and electrical works, and their service team provide the essential annual maintenance, ensuring the heat pumps are running as efficiently as possible.

n Contact Griffiths by telephone on 01536 420666, email office@griffithsaircon.co.uk or visit the Energy Efficiency Centre showroom at 111 High Street in Burton Latimer, open Mon-Fri 9am-5pm, and see working examples of the heat pump products.

Top of the class: Modern blinds meet the education sector’s needs

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or schools, academies, colleges and universities looking to invest in commercial child-safe blind systems, now is the perfect time to start planning for installations during all the main school holidays.

Saxon Blinds once again spent Easter, summer and the half-term holidays working on projects throughout the education sector, taking advantage of the buildings being empty to complete our works with the minimum fuss and disruption.

Many of the heavy duty blind systems we install in schools are transforming the performance and look of classrooms, school main halls, sports halls, making them more suited to modern technologies and the time now spent looking at screens.

They can also increase the potential use of the building when it comes to hiring out to other outside groups or organisations so increasing the opportunity to generate additional income into the school.

As well as modern blinds systems that look better and work more efficiently than the

traditional curtain systems, Saxon Blinds is also helping more and more education clients to fit systems that can be deployed should there be a security breach.

Roller blinds can be instantly lowered where there are signs of intruders or where there is a situation the might be upsetting to the children.

“Our bespoke systems are all manufactured in our Northampton factory and as such are built to suit any given situation,” said managing director Mark Grainger. “The are compliant with safety regulations so there are no dangling cords or anything that might prove hazardous and blinds systems are closely fitted to each individual window, leaving exit doors and fire exits clearly accessible.”

Saxon Blinds produces a complete range of products, offering choice, flexibility and competitive pricing, as well as a five-year guarantee on all commercial blinds.

All Saxon Blinds staff are DSB checked and part of the Construction Skills Certification Scheme.

n For more details, contact Saxon Blinds on 01604 601888, email sales@saxonblinds.co.uk or visit www.saxonblinds.co.uk

Promote your business in Business Times, supporting Northamptonshire business since 1991. email your business news to news@business-times.co.uk 14

Business Times | November 2023

For Northamptonshire’s business news visit www.Business-Times.co.uk

Automotive Matters Published in association with

Specialist Award-winning Automotive Recruitment Technician | Management | Professional Services | Insurance

talent-connect.co.uk

From ‘messing around’ to creating a legend Engineering giant Cosworth is celebrating its 65th anniversary Y oung mavericks Mike Costin and Kevin Duckworth realised their dream in 1958 when they opened their business manufacturing engines for racing cars. Six decades on, the Cosworth DFV engine evolved into one of the most successful brands in history.

The company moves into, first, rally cars then to its first production engine. Today the factory in Northampton remains synonymous with high-performance innovation but has branched into other forms of propulsion technology such as alternative fuels, batteries, data control systems and engines for marine and aerospace.

The company has been celebrating its 65th anniversary, producing today a range of high-performance race and road engines, electronics and most

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ore than 40 new companies on site.

Around 1,200 new jobs. Executives at Silverstone Park operator MEPC have been reflecting on the park’s success as a magnet for cutting-edge innovation over the past ten years.

Almost 100 companies have moved to the park since asset manager and developer MEPC acquired the site from the British Racing Drivers’ Club in 2013. Today it is home to trailblazing companies, most leaders in advanced engineering and manufacturing, electronics and software development operating in sectors from aerospace, automotive and defence to agritech, medical devices, security and space.

MEPC has built more than 673,000 sq ft of commercial premises since it took over management of the site and has planning permission for a further 1.5 million sq ft.

“When MEPC embarked on this journey, we understood the importance of creating more than just office buildings and warehouses,” said the park’s commercial director Chris Kimber-Nickelson.

“We envisioned a place where innovation would flourish, where businesses would thrive and where collaboration would be at the heart of it all. Over the past ten years, MEPC has transformed Silverstone Park into a shining example of what can be achieved when vision and dedication converge.”

recently, electric powertrains. The powertrain division at the brand’s headquarters in Northampton now sets the benchmark for developing hypercar engines.

Taking Formula 1 technology and applying it to the road is no easy task but one that has been achieved in the form of Aston Martin’s Valkyrie and GMA’s T.50. And there is more to come, the company said.

“We are delighted to be celebrating 65 years of innovation at Cosworth,” said Bruce Wood, managing director of the company’s propulsion division at Northampton.

“We have taken the dream of our two founders, who wanted to ‘make a living messing around with racing

engines’, as they have famously been quoted, to developing some of the world’s most advanced propulsion technology for industries far wider than motorsport, from hypercars to aerospace.”

Cosworth’s electronics division has also celebrated its 35th anniversary.

Its core specialism remains cuttingedge motorsport electronics but the development team are taking the knowledge built over three decades and are applying it to the automotive sector. Cosworth’s AliveDrive has been positioned to capture highly accurate data with synchronised onboard video to provide users motorsport level data analysis capabilities on the road.

Cosworth’s base at Silverstone is developing high-performance battery technology and alternative propulsion devices, most recently an immersion cooled battery pack that will power Norton Motorcycle’s new electric motorcycle.

In February Cosworth was one of five vendors to be selected for the Jumpstart for Advanced Battery Standardization project, a collaboration between USA defence organisations. Cosworth is developing a high-performance modular battery system based on its Cylindrical Scalable Module.

“This is an incredibly exciting chapter in Cosworth’s history,” said Chris Willoughby, Cosworth’s

commercial director, powertrain.

“We are supplying highperformance propulsion systems to an ever-growing list of customers in automotive, marine, aerospace and defence industries. We have been working closely with partners on projects in the military and defence space for many years and now offer a diverse range of highly reliable and efficient ICE and EV powertrains that can be deployed in the harshest of environments.” n To mark its 65th year, Cosworth announced it is to build the engine for the Giotto, a new hypercar from elite Italian manufacturer Bizzarrini.

The V12 powerhouse will have a specific 6626cc capacity, in tribute to the marque’s founder Giotto Bizzarrini whose birthday was June 6 1926.

MEPC’s Silverstone Park development stands right next door to the Silverstone Grand Prix Circuit.

Innovation destination is tech park’s dream MEPC is the commercial property development and asset management arm of investment house Federated Hermes. The evolution of high-performance technology businesses at Silverstone Park has fuelled its ambition to create a ‘destination’ for such companies, similar to the success of its life sciences cluster at Milton Park in Oxford.

“Our vision for Silverstone Park when we purchased it in 2013 was to build on the history, heritage and global reputation of the Silverstone Circuit, creating a home for engineering,

To feature or comment email: news@business-times.co.uk

Chris Kimber-Nickelson innovation and business development beyond the world of motorsport,” said Chris Taylor, chief executive real estate. “Global capital increasingly gravitates to the best talent and we believe that the unique high

performance technologies associated with motorsport plays to this theme, which is attractive to growth sectors of the economy, such as healthcare and energy transition. This created an opportunity

for us to replicate the success of Milton Park by creating a destination for these industries within the Oxford-Cambridge ‘Technology Arc’.”

MEPC as development partner has played an intrinsic role in turning that vision into a reality, he adds.

“Today Silverstone is a stateof-the-art environment for high-tech companies in the UK.” The park is a major employment hub within the Silverstone Technology Cluster, currently home to around 1,500 jobs. Its management has also forged close links with the

local and wider community in Northamptonshire and North Buckinghamshire.

“MEPC’s unwavering dedication to the local community is evident in the partnerships and initiatives that have flourished here,” said Mr Kimber-Nickelson.

The park has created job opportunities and has actively engaged with local schools, charities and organisations.

Coinciding with the tenyear anniversary, a new Silverstone-Park.com website has also been launched.

“The next ten years hold immense promise and potential for Silverstone Park,” said Mr KimberNickelson. “The challenges we face today - be they economic, environmental, or technological - will require innovative solutions and this place is perfectly poised to continue leading the way.”

MEPC’s rapid expansion of the track at the world-class Porsche Experience Centre on land on the opposite side of the Silverstone Circuit is of particular satisfaction, he added. “A lot of people forget we did that and indeed that the land there belongs to Silverstone Park.

The Porsche track extension was fundamental to the deal happening in the first place, in convincing the BRDC and Porsche that we were going to deliver immediately.”

Business Times | November 2023

15

Automotive Matters Published in association with

Specialist Award-winning Automotive Recruitment Technician | Management | Professional Services | Insurance

talent-connect.co.uk

So much passion behind it... A delighted Simon Cowell picks up the keys of his new electric Mini eMastered and delivers an instant verdict.

‘This is a keeper... You know this car has character’

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usic mogul and TV celebrity Simon Cowell is the proud owner of one of the first allelectric Mini eMastered cars built

by David Brown Automotive at its Silverstone factory.

The car, which Mr Cowell bought from the company in 2019, has been modernised to accommodate the all-electric powertrain, creating a whisper-quiet, clean, and effortlessly powerful all-electric car.

“This has always been my dream car,” said Mr Cowell. “It was on my wish list; one day I wanted to have a classic Mini. Then I read about this company, and I thought ‘I’ve got to have one of those’.

“I have to say, of all the cars I have ever had in my life, this is my favourite. This is a keeper. When I went to the factory, you could tell that every single person had really given their heart and soul into this.

There is so much passion behind it… you know this car has character.”

The Mini eMastered model is a classic Mini remastered as a luxurious, clean city car. It marks the dawn of a new era for David Brown Automotive, an iconic British brand recognised the world over for its hand-built automotive creations.

As with all its commissions, Mr Cowell’s bespoke Mini eMastered has been hand-built from the ground up over hundreds of hours, using a new strengthened and deseamed donor shell, lavishly appointed inside and out, and fitted with a modern, simple to use EV powertrain.

The car is powered by a compact Zonic 70 electric motor, emitting 72kW (97hp) and 175 Nm of instant torque, that runs to an electronically limited top speed of 92mph. The electric technology is packaged inside the classic Mini shape.

18.8kWh of batteries are housed under the skin and ensure that weight is kept low so the Mini’s trademark ‘go-kart’ performance is retained.

Simon Cowell at the wheel of his Mini eMastered, with motoring presenter Nicki Shields The new version weighs no more than the classic petrol-powered model, the company said.

“I have never ever driven a car in my life which is remotely close to a go-kart - apart from this. It is

brilliant,” said Mr Cowell. “This is the closest I have got because it is low. Now with the electric motor, you have that immediate torque so you have instant acceleration as soon as you hit the accelerator. That

is the beauty of driving electric.”

Mini eMastered can cover 110 miles on a single charge and can recharge on a home wall box in three hours. Each car is an entirely bespoke creation, built to the exact preferences of the owner. The interior also features the latest technology, including a modern, integrated info-tainment system, featuring Bluetooth connectivity and Apple CarPlay and Android Auto.

“David Brown Automotive are so passionate about what they do,” said Mr Cowell. “They love the cars more than I do, genuinely. That is why this has been so much fun.”

David Brown Automotive’s entry into electric mobility allows enthusiasts and collectors to commission their own electrified model, while current Mini Remastered owners can also convert existing, petrol-powered variants.

“This is the perfect way to kick off To page 18 >

We deliver by investing in the best Here at Precision Arc Engineering, we pride ourselves on being one of the most versatile companies of our kind.

We have a fabrication workshop and office in Kettering but we are also equipped with the various tools and qualifications for on-site work, including those from the International Powered Access Federation (IPAF) and working in confined spaces.

We work in a wide range of sectors, including nuclear, construction, utilities, industrial and food industries.

We also offer a coded welding service for structural steel and pressurised pipework.

We offer a full range of design to fabrication solutions using a wide range of materials from stainless steel to aluminium.

With more than 50 years of experience in the engineering sector, we believe we provide the most innovative solutions to the

fabrication and specialist welding needs of our clients without compromising on

quality and service due to our unique abilities, expertise and vast experience.

We have been fortunate enough to gain some very well-known working client relationships locally and we would like to develop our local connections further.

FIND OUT MORE...

Visit www.paengineering.co.uk and contact us to discuss your current or future projects.

16

Business Times | November 2023

For Northamptonshire’s business news visit www.Business-Times.co.uk

Automotive Matters Advertisement Feature

EV salary sacrifice: An important benefit with sizeable savings With plug-in hybrid and fully electric cars now making up the lion’s share of all new vehicle orders, salary sacrifice schemes are leading the way as the cheapest form of EV funding.

According to Steve Beadle, head of salary sacrifice at Grosvenor Leasing, who are based in Kettering and have been in Northamptonshire for over 40 years, company employees can drive an electric car for up to 40% less with salary sacrifice compared to a personal lease.

And there are advantages for the company too.

Grosvenor Leasing’s offering is risk-free, which is a key factor for businesses that are looking to quickly implement a scheme, as it comes with protection against

employees leaving the company, or going on extended sick or maternity/paternity leave.

“Never before have we seen such swift uptake in a funding solution,” said Steve. “The reason is all down to the very low benefit in kind tax (BIK) on electric cars, which has resulted in salary sacrifice becoming by far the cheapest way to source an EV. “Put simply, if an employee decides to sacrifice a portion of their salary for an electric car, the amount of income tax and National Insurance contributions they pay will reduce.

“Their employer then provides them with a fully funded, maintained and insured electric car, on which they will only be paying very low benefit in kind tax.

This provides an immediate saving

compared to buying that vehicle or funding it through a personal lease and the employer also gains by making Class 1a NI savings as well as offering an additional staff benefit at no extra cost.

“A unique aspect of our salary sacrifice scheme is that it is also risk-free as it comes with protection against employees leaving the company, or going on extended sick or maternity/ paternity leave.

“This is a particularly important feature of our offering because it means companies can implement it with complete peace of mind.

“It’s also very straightforward to put in place and with minimal input or administration it can be implemented swiftly - quickly becoming a very important staff benefit offering sizeable savings.”

To give a flavour of the potential savings of salary sacrifice compared to an employee funding a car through a personal lease...

n A 20% tax payer choosing a MG MG4 Hatchback 125kW SE EV 51kWh 5dr Auto on a 3 year lease, covering 10,000 miles a year would save £151.83 per month. n A 40% tax payer choosing a Cupra Born Electric Hatchback 150kW V2 58kWh 5dr Auto covering 10,000 miles a year over 3 years would save £201.62 per month. n A 40% tax payer choosing a Tesla Model Y Hatchback Long Range AWD 5dr Auto with 10,000 miles a year over 3 years would save £351.64 per month.

https://www.thegrosvenorgroup.co.uk/salary-sacrifice | T: 01536 536 536 | E: salsac@grosvenor-leasing.co.uk

SAVE UP TO 40% ON ELECTRIC CARS WITH RISK FREE SALARY SACRIFICE Grosvenor Leasing’s Salary Sacrifice scheme for Ultra Low Emission Vehicles and Electric Vehicles can save your employees as much as 40% per month compared to a personal lease, with financial and environmental advantages for your business too.

Risk Free and Minimal Administration It also comes with protection against employees leaving the company, or going on extended sick or maternity/ paternity leave, and there is minimal input required to put it in place.

It means businesses can implement the scheme with complete peace of mind, and without being overwhelmed with lots of administration.

Benefits to Employees and Employers Employees sacrifice a portion of their gross salary in return for a fully maintained, taxed and insured company vehicle, at very competitive rates.

The employer gains by making Class 1A National Insurance savings as well as offering an additional staff benefit, at no extra cost.

With many exciting electric cars available, such as the Tesla Model Y, Cupra Born and Polestar 2 (all shown to the right), now is a great time to be offering a ULEV and EV Salary Sacrifice scheme.

For more information, why not speak to one of our Ultra Low Emission and Electric Vehicle Salary Sacrifice experts Telephone 01536 536 536 or email salsac@grosvenor-leasing.co.uk

To feature or comment email: news@business-times.co.uk

Business Times | November 2023

17

Automotive Matters Published in association with

Specialist Award-winning Automotive Recruitment Technician | Management | Professional Services | Insurance

talent-connect.co.uk

£90m scheme prepares for its opening at Silverstone R eal estate lender Unbranded Finance has completed a new revolving credit facility with the developer of a flagship £90 million scheme at the centre of Silverstone Circuit.

The Escapade Silverstone development, which is set to open in spring next year, is already more than 85 per cent sold.

It comprises a total 60 two-, three- and four-bedroom residences, a trackside clubhouse, a swimming pool, sauna, driver-focused gym, restaurant and roof terrace.

Escapade was advised in the transaction by London-based residential and hospitality financing expert RCP Finance, which was also responsible for arranging the construction financing for another recently completed development at Silverstone.

Escapade Silverstone provides the opportunity for individuals and corporates

18

to own a piece of the world-famous home of the British Formula 1 Grand Prix. The 14-acre Escapade Silverstone site sits only 12 metres from the edge of the track and next to Silverstone’s fastest and most iconic series of corners.

Unbranded co-founder Oliver Holt said: “Escapade Silverstone is an ambitious, creative and original concept which has proven to be highly successful.

It demonstrates the huge demand for this motorsport-centric ownership and

Business Times | November 2023

‘An inherent challenge in electrifying such an icon’ > From page 16.

investment opportunity.”

Escapade’s founder and chief executive Will Tindall added: “The Unbranded team have personal interests in motorsport, deep knowledge of the hospitality sector and a strong understanding of the project requirements. They have proven to be a highly flexible partner, quick to respond, and a pleasure to deal with at each stage.”

Construction is 70pc complete and the development is on schedule to open in spring 2024.

David Brown Automotive’s electric future,” said sales and marketing director Michelle Gay “Mini eMastered blends the classic looks of an automotive design icon with modern convenience and an ultra-responsive, clean electric performance - all underpinned by our signature bespoke British handcraftsmanship. It is a model that reaffirms David Brown Automotive’s leading position in the luxury automotive industry.

“It has been a real delight to work with Simon from start to finish and we are thrilled to have been able to bring his vision for an all-electric, entirely personalised Mini eMastered to life.”

n The Mini eMastered marks a new era for David Brown Automotive at the company’s Silverstone factory and aims to set new standards for zero emissions and urban driving.

The car, on sale from £125,000 ex works, has been designed with city driving in mind.

“There is an inherent challenge in electrifying such an iconic model o retain the high levels of reliability, performance and quality that our customers expect,” said Ms Gay. “Mini eMastered is a shape that captures hearts and minds and it is the embodiment of our passion, vision, and commitment to sustainable luxury today and into the future.”

For Northamptonshire’s business news visit www.Business-Times.co.uk

Automotive Matters Published in association with

Specialist Award-winning Automotive Recruitment Technician | Management | Professional Services | Insurance

talent-connect.co.uk

Partnership powers up EV battery recycling drive L unaz is to develop an electric HGV designed to safely transport end-of-life EV batteries to a specialist recycling centre being built on Teesside.

The initiative is part of Lunaz’s partnership with clean technology design company Altilium, which has created a set of solutions for dealing with EV battery management, from end-of-life collection to the reuse of recovered materials in the manufacture of new batteries.

Lunaz will develop and build the vehicle at its Silverstone factory.

The vehicle is planned to run on the electrical energy remaining in the batteries being transported to Altilium’s battery recycling plant in the North East, which will be the UK’s largest EV battery recycling

facility when it opens in 2026.

“Millions of EV batteries will need to be transported by the next decade for recycling or a second life,” said Altilium’s chief executive Kamran Mahdavi. “We are committed to developing low carbon logistical solutions that can cope with these high volumes of waste and support the development of a domestic circular economy for battery metals.”

Lunaz is already upcycling industrial vehicle fleets, including waste collection trucks, to clean-air powertrains Each upcycled electric vehicle saves up to 82 per cent of the embedded carbon within that vehicle.

Lunaz’s technology has already been proven in prototype vehicles, with the first upcycled fleet of vehicles set to roll out later this year, through a

Talent Connect Group, based in Northampton - the heart of the UK’s automotive sector - has won the prestigious 30 Under 30 award, voted by a panel of industry experts from the vehicle repair supply chain.

This award embodies what is best about the UK accident repair industry.

The winners come from a wide range of job functions and across almost every part of the vehicle repair supply chain, including apprentices and technicians, business owners and managers, administration, marketing, recruitment, engineers, suppliers, distribution and insurance.

position as a fully integrated cleantech leader. By unlocking the power of upcycling, something we are now able to at every stage of our unique process, we can provide even greater value and an ever-lessening carbon footprint.”

Recruitment firm celebrates a prestigious award

Talent Connect: Meet the team...

Neil Whitaker has more than 30 years’ experience supporting our clients with automotive recruitment. Neil has a wide network of candidates and clients and recruits for technicians, management, sales, service, parts, marketing, insurance, finance and to director level.

Hannah Stride heads up our automotive recruitment division, specialising in SMART, Paint, Panel, MET, Mechanics, MOT Testers, Vehicle Damage Assessors through to Workshop and Bodyshop Management.

Hannah has a real understanding and passion for the automotive sector and the ever changing and advancements in new technologies, such as EV, Connected Vehicles, Autonomous and AI. Gene Kennedy manages our Professional Services and Automotive Insurance division, working with several of the leading accident management companies on First Notification of Loss, Personal Injury Claims and with Fleet Team Leaders.

Gene also has a technical aspect to his role as the automotive sector transitions from personal liability to product liability as AV and software increasingly make our driving decisions. Gene provides

partnership with waste management company Biffa.

David Lorenz, founder and chief executive of Lunaz, said: “Lunaz is proud to have closed the circularity loop with this partnership, further strengthening the company’s

our clients with access to the best, most engaged and qualified candidates within the UK insurance sector.

Katie Frost heads up our Candidate Experience team. She works with our candidates and our automotive clients to fully understand their recruitment needs and match the best people to that perfect career move.

Katie believes that a great candidate experience is how a job seeker perceives a company’s brand throughout the hiring process, from the description of the job role, the interview process to follow-up communication.

She said that each part of the recruitment process provides an opportunity for everyone to build a strong candidate relationship, to build your brand and to show each candidate why they should work for your business.

Tia Wilkes and Chloe Lee both work within the Candidate Experience team and liaise daily with both our candidates and clients, understanding what each candidate’s career goals are, supporting them with any required training needs and updating them on new job opportunities which match their specific career goals.

The team also provides the business daily updates on the availability of various automotive skill sets, salaries and other market data.

The Right Person & Approach...

Talent Connect brings together great people looking to hire their first or additional employee within the automotive repair, insurance and professional services sector.

Tel: 01604 979 979 info@talent-connect.co.uk www.talent-connect.co.uk

To feature or comment email: news@business-times.co.uk

Altilium’s new facility will recycle batteries from up to 150,000 EVs a year, producing 30,000 MT of Cathode Active Materials) for return and reuse in the EV battery supply chain. Transporting old EV batteries is both challenging and expensive due weight and health and safety concerns. Transportation represents 41pc of the total cost of recycling.

Altilium hopes to reduce the carbon footprint of battery recycling by up to 5pc.

Altilium opened its Battery Recycling Technology Centre in Devon last year. It has won more than £6 million in innovation grants from the UK government. The partnership with Lunaz has received funding from the government’s Automotive Innovation Fund.

We bring over 40 years of recruitment experience and our passion has always been to provide and develop leading recruitment services for both our candidates and clients. We work to partner with you as your recruiter of choice, be it for implementing recruitment services or talent products but always with the focus on building an incredible candidate and client experience.

We understand that recruiting great talent is much more than merely a matter of reading a CV. Talent Connect offers a complete recruitment solution built around the candidate and client, be it a permanent, interim, or contract hire, and we strongly believe in really getting to know both our clients and customers as we believe in building long lasting client and candidate partnerships.

The Growing Skills Gap...

Ever aware of the growing skills gap in the automotive sector, Talent Connect recently announced their partnership with RWC Training an IMI Accredited Training Centre.

Together we cover more than 200 world-class courses and certification training with industry-recognised qualifications. We provide initial consultation on your individual training needs - focused on the needs of your employees and the business - skills training either on site or from our well-equipped training facility in Milton Keynes.

Talent Connect is also affiliated with several industry partners as well as schools and colleges to promote career opportunities in the automotive sector to students and the next generation of talent.

We are all committed to reversing the skills shortage, bringing new blood into the industry today and ensuring the qualified talent of tomorrow.

Business Times | November 2023

19

Networking The business networking events this month across Northamptonshire

A group for networkers looking for referrals, introductions, opportunities and sales. A tried and tested model offering dynamic weekly online meetings and an experienced management team: Northants and surrounding areas Every Tuesday at noon.

National networking Every Wednesday at noon.

Contact Gary Thorpe for all events.

Email:gary.thorpe@debt-doctors.co.uk Tel: 07963 766052 or 01536 333425.

If you are serious about growing your business, BNI works. Last year BNI members in the UK generated more than £482 million worth of business for each other. To find out how, visit a local chapter meeting and see for yourself.

Each chapter has a personality of its own and finding where you fit best helps you get connected.

Elite BNI (Kettering) Tuesday 6.45am-8.30am: Online Ignite BNI (Daventry) Tuesday 6.45am-8.30am: The Turnpike, Harpole Northampton Pioneer BNI (Northamptonshire) Wednesday 9.30am-11am: Online Pavilion BNI (Northampton) Thursday 6.45am-8.30am: The Old Northamptonians RFC, Sir Humphrey Cripps Pavilion, Billing Road, Northampton Prosperity BNI (Kettering) Thursday 6.45am-8.30am: The Kettering Golf Club, Headlands, Kettering Sterling BNI (Northampton) Thursday 11.45am-1.30pm: The Old Northamptonians RFC, Sir Humphrey Cripps Pavilion, Billing Road, Northampton Lighthouse BNI (Northampton) Friday 6.45am-8.30am: Franklin’s Gardens, Weedon Road, Northampton Contact: Duncan Webster. e: duncan@ bnibreakfast.co.uk or call 07977 422220.

Regional sponsor: Business Times; Northamptonshire Chamber of Commerce No fuss, no membership, pay as you go... The Business Buzz format is relaxed, informal, conversational networking. Our town-focused events meet face to face, allowing visitors to build better and more robust relationships.

These are complemented by regional virtual

20

Business Times | November 2023

events. All Business Buzz events run 10amnoon.

Brackley Buzz 1st Thursday: Paisley Pear, Northampton Road.

Price: £8 + VAT. Northampton Buzz 3rd Wednesday: Fox & Hounds, Harborough Road.

Price: £8 + VAT. NEW Towcester Buzz 4th Thursday: The Saracen’s Head, Watling Street.

Price: £8 + VAT. Wellingborough Buzz 2nd Tuesday: Castello Lounge, Market Street Price: £8 + VAT. For more details, download the Buzz App or visit www.business-buzz.org/about/locations/. Book and pay at https://app.business-buzz.org/app.

The Business Community is focused on growth through collaboration and support with engaging and interactive meetings; both online and face-to-face.

Monthly face-to-face (£16 - first meeting free): Northampton Breakfast 3rd Wednesday, 7.30-9.30am: The Turnpike, Harpole.

Northampton Evening 4th Tuesday, 6.30-8.30pm: : Cheyne Walk Club MONTHLY VIRTUAL Price: £6 - first meeting free.

Wednesday Breakfast 4th Wednesday, 7.30-9am.

Thursday Breakfast 3rd Thursday, 7.30-9am.

Friday Breakfast 2nd Friday, 7.30-9am THE ACCOUNTABILITY CIRCLE Mondays, 10am Helping you get your things action list from to do to done! (£6 per meeting or £12 per month).

Contact: buscomm.co.uk/ourevents

The FSB has 2,000 members across Northamptonshire.

Northamptonshire November 24 10am-11am: Online Hosted by Sally Wood, director of Sally Wood Consultancy Limited and FSB area leader for Northants, Leics & Rutland.

To book and for details of other networking, support and webinar events online, visit www. fsb.org.uk/events.

UK Business Forums has been the home of small business community support and advice for nearly 20 years. Membership is not necessary but join for free and maintain the business relationship you make at our networking evenings through our free online business support forums.

Free event. To book, visit www.ukbfevents.co.uk

NNBN is a business membership organisation for all of Northamptonshire which aims to help businesses in the county to recover, build and grow for a brighter future.

BUSINESS NETWORKING November 9 7pm-8.30pm: Kettering Park Hotel & Spa Informal networking event. Price: Free event for NNBN members; visitors £10.

BOOST PERFORMANCE THROUGH BETTER OPERATIONAL EFFICIENCY November 8 9.30am-12.30pm: Vulcan Works, Guildhall Road, Northampton Free event - NNBN members and non-members welcome.

For more information and to book, visit https://nnbn.co.uk/events/

BUSINESS BEFORE HOURS November 15 8.30am-10.30am The Dovecote, Pury Hill Business Park, Alderton nr Towcester Sponsored by Moorgate Finance. Informal breakfast networking. Price: £10 + VAT Chamber members; non-members £20 + VAT. NORTHAMPTONSHIRE BUSINESS AWARDS November 23 7pm-11pm Headline sponsor: Wilson Browne Solicitors. A total 15 awards will be presented including in new categories for diversity in the workplace and sustainability.

To book on to Chamber events, visit www.northants-chamber.co.uk/events

UK BUSINESS FORUM NORTHAMPTON 2nd Wednesday 5.30pm-9pm: Delapre Abbey, London Road A friendly, informal and relaxed networking event for small business owners.

Each event features a short presentation on topics to support business owners followed by informal networking.

BUSINESS ROOM The Business Room is a one business area group for business owners, those in employed positions, MLMs and franchised businesses.

KETTERING 2nd Tuesday 12 noon-2pm: Kettering Park Hotel & Spa NORTHAMPTON 2nd Thursday 12 noon-2pm: Sunn Inn, High Street, Hardingstone SOUTH NORTHANTS 3rd Tuesday 12 noon-2pm: The Fox & Hounds, Whittlebury WELLINGBOROUGH 3rd Wednesday 12 noon-2pm: The Stanwick Hotel, Stanwick THE CONNECTIONS CLUB - NORTHANTS Only open to business owners, influencers and decision-makers.

NORTHAMPTON 1st Tuesday 11.45am-2pm: Delapre Abbey, Northampton.

Contact: Barbara Hodgson 07504 946 585 / 01933 652884, email barbara@yourbusinessmatters.co or visit www.yourbusinessmatters.co

KEEP YOUR FINGER ON THE PULSE OF BUSINESS... www.business-times.co.uk www.nnpulse.co.uk

Feature your networking group in future editions of Business Times. email details to news@business-times.co.uk. Or scan the QR Code >>.

For Northamptonshire’s business news visit www.Business-Times.co.uk

Q&A

Feature Where business people discuss their motivation, ambition, experience - and themselves.

In the spotlight this month is Lee Ferris, managing director of home lifestyle retailer Bell of Northampton, which has been celebrating its 125th anniversary this year.

MY FAVOURITE...

FOOD Lobster Thermidor.

MUSIC/SONG Guns N’ Roses: Sweet Child of Mine.

BOOK The Lord of the Rings Trilogy, by JRR Tolkien. Pure escapism. I first read it around the age of 12 and have reread it several times since.

FILM Mad Max (the first film). It grips me every time I watch it.

TV PROGRAMME Game of Thrones. Just awesome.

RESTAURANT Lewinnick Lodge in Cornwall, or anywhere with a sea view.

DESTINATION There are many amazing places around the world. However for me the Pacific Islands, such as Tonga and Fiji, are just stunning and the people so friendly.

What are you afraid of?

Snakes!

What annoys you most in life?

Anti-social behaviour in general but particularly littering

Lee Ferris

The travel bug is in my soul... just don’t ask me to breakdance What was your first job?

My first proper job was working evenings in the kitchen of a local hotel while I was at school. My mum was the cook and I prepared starters and washed up.

Prawn cocktail was my speciality, I recall.

Why did you choose your particular career?

It was pure chance that I got into retail.

When I was at school, I didn’t know what I wanted to do. Mr Williams, my English teacher at Trinity School, knew John Kirkham who was managing director of Bell of Northampton. They were looking for a youngster to take on. I started at the age of 16 and the rest is history.

What’s the best job you’ve had and why?

I did leave Bells for a short time in the mid-1990s, I backpacked around

the world and ended up living in Sydney, Australia, for a while.

I had two great jobs there, one working in hospitality for highprofile sports events at venues like the Sydney Cricket Ground.

The other job was working as a photographer in the booming tourist industry, which meant working in some great venues like the revolving restaurant at the top of the Sydney Tower. …and the worst?

For a short while before going travelling I sold fresh fish to fish and chip shops and restaurants. It didn’t work out for various reasons but even so was good experience.

What’s the best advice you’ve received in business?

Confirm everything in writing.

What has been the highlight of your career so far?

Becoming MD of such a highly regarded local company where I

have worked most of my career. …and the low point?

The passing of my friend, colleague and mentor John Kirkham a few years ago following an illness.

Who in business do you respect the most?

Jonathon Minoli, of Minoli Tiles in Oxford.

He took over the company at a relatively young age under difficult circumstances following the passing of his father, and has developed it into an outstanding business of which I am sure his father would be proud.

What annoys you the most in business?

Business representatives turning up to see me or my colleagues without an appointment and expecting us to drop everything to see them.

What’s the best thing about where you work?

My colleagues.

Tell us something you regret?

Thinking I was old, then looking back and realising how young I was at the time.

Tell us a secret about yourself.

I was a breakdancer... but not a very good one.

What’s your career ambition?

To continue taking the company forwards and for it to be in a position to thrive after I’ve retired. …and your life ambition?

To travel more when the opportunity arises.

What’s the best moment of your life?

Becoming a father. ….and the worst?

My mum’s passing last year.

How do you relax?

Long walks and watching sport.

What’s your guilty pleasure?

Watching the cult Australian film The Castle. You probably haven’t heard of it but I think it’s very funny and reminds me of my time spent in Australia.

Which two historical figures would you most like to talk to and why?

Muhammad Ali because he was influential in so many ways and literally ‘shook the world’.

Charles Darwin because his theory of evolution was so groundbreaking and I think he would be interesting to talk to.

What are the first three things on your bucket list?

To walk the Pennine Way. To see the Pyramids in Egypt.

To visit Scandinavia.

What song/music would you like to be played at your funeral?

Green Day’s Time Of Your Life. It has special meaning for me and some of my oldest friends.

What’s your worst fault?

Overthinking things.

What’s your most treasured possession?

Travel photos.

www.business-times.co.uk

For the latest business news every day from across Northamptonshire. Or scan the QR code to subscribe >> To feature or comment email: news@business-times.co.uk

Business Times | November 2023

21

Community

Therapy fund tunes up its SOS call to business

Going back to nature helps pupils beat classroom struggles

N

ature-based outdoor learning for primary school children struggling to engage in the classroom is the aim of a new charity launched in Northamptonshire.

New Leaf Learning’s methods look to help students with anxiety and trauma to become more confident and gives them safe spaces to thrive. Now the charity is up and running after two years of researchbased trials with primary schools across the county.

Groups of five children learn one day a week over five weeks to develop five key skills while participating in activities, including den building, pond dipping and gardening. Every session includes learning self-regulation techniques through breathing properly, yoga and meditation with accredited trainers.

New Leaf Learning founder Alex Preston said: “NHS England statistics show that 18 per cent of children aged seven to

16 have a mental health disorder. It means that teachers are working in classrooms where one in five children may be unable to access education.

The impact on the future working population is immense.”

The charity is looking to extend its programme around the county and is calling for support from Northamptonshire businesses.

Its activities take place on the Courteenhall Estate near Roade, which also helps to pay for the programme.

The estate piloted the programme over two years with Roade Primary School, incorporating the curriculum with learning outside. “I am really proud to be part of this amazing charity having seen the real difference it makes to individual children in Northamptonshire,” said Dr Johnny Wake, managing partner of Courteenhall Farms and chair of the board of trustees for New Leaf Learning.

I

‘Having this grant is really making such a difference’

B

ereaved children in Northamptonshire have been gifted the chance to remember, thanks to a £2,000 donation to The Never Alone Project.

The charity, which supports children, families and professionals dealing with grief, received the fund from Northamptonshirebased credit union Commsave, which has awarded more than £30,000 to charities and causes across the country through its Community Fund.

The £2,000 cheque will fund more than 100 memory boxes made by children, which helps them protect their special objects and reflect on memories with their lost loved ones.

“Nobody would choose to be in a position where they use our services,” said the project’s founder Ilze Lee. “Yet so many need it. Being able to take a memory box to the children when we first

introduce ourselves is such a lovely and gentle way to welcome them to our folds.

It provides a talking point, practical things they can do to keep their memories safe and a book to help them process what has happened.

“Having this grant is really making such a difference, knowing that we can keep providing the support during a family’s most vulnerable time.”

Commsave, one of the largest and most successful credit unions in the UK, set up its Community Fund last year and has awarded nearly £30,000 to local and UKwide charities and causes.

“We wanted to support the incredible work they do for children, families and anyone dealing with grief,” said business development manager James Richards.

“Commsave feels privileged to help this amazing charity to continue their vital work.”

My music therapist is teaching me to play the guitar, which I love.

Business Times | November 2023

Bark, from Corby, was diagnosed with acute myeloid leukaemia in 2022 and has been receiving music therapy from Thomas’s Fund since June.

“It is something for me to look forward to on a Monday morning when my little brother Freddie goes to school,” she said. “It is also brilliant that Esther, my music therapist, comes to my house full of smiles because I am not well enough to go to school at the moment and she is teaching me to play the guitar which I love.”

Florence’s mother Stacey added: “The music therapy makes such a difference to Florence’s day and gives her something to look forward to and is an amazing outlet for her. The sessions help Florence to open up about her feelings regularly and just let the music take over.”

Thomas’s Fund provides its music therapy free to families. Delivering each session costs around £75 plus petrol. Last year the charity worked with 252 people, providing 624 individual and 123 group sessions.

“When we set up the charity, we hoped that more access to music therapy for children like Florence would become available through other organisations and projects in the years to come,” said Ms Hall. “Sadly, we are now 16 years on and, while there is slightly more availability, the need still far outstrips provision.”

Partnership lights up career options for youngsters

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alfour Beatty Living Places has partnered with Groundwork Northamptonshire, a charity working to transform lives in some of the county’s most disadvantaged communities, to provide young people with work experience placements and future employment opportunities.

The company will provide £40,000 to fund 28-week paid ‘workready’ placements at Groundwork Northamptonshire’s The Green Patch community garden project in Kettering. The four recipients will then embark on a four-week paid placement on Balfour Beatty Living Places’ Northamptonshire PFI Contract, learning how to install and maintain street lighting assets, while

Recognising that charity is serious business 22

n Northamptonshire, there are an estimated 1,300 young people living with life-limiting and life-threatening conditions.

Across the East Midlands, the figure is forecast to increase from more than 6,500 to 9,000-plus by the end of the decade.

That is why a Northamptonshire charity providing music therapy at home or in hospital to young people with life-limiting illnesses is appealing for more support.

Thomas’s Fund, founded 16 years ago, receives no direct statutory funds and said it needs more financial help to cover its costs in order to be sustainable and to meet current need let alone an increase in demand.

“It is vital that organisations like Thomas’s Fund can continue to provide services and thrive as the demand increases,” said cofounder and treasurer Jan Hall. “We have a strong track record improving the lives of young people living with lifelimiting conditions and can continue to do so with the right financial support.”

The charity works with those aged under 24 with a range of life-limiting illnesses and/or disabilities, including some with cancer.

Seven-year-old Florence

also gaining skills in risk control, safety culture and team work on local highway networks.

Two candidates will then be offered an apprenticeship position and will be supported as they enrol in and undertake Highway Electrical Apprenticeship courses.

“The potential of this partnership is really exciting,” said Balfour Beatty Living Places managing director Steve Helliwell. “We have a real and meaningful opportunity to create lasting, positive change within these communities while simultaneously addressing the skills shortage our industry is currently facing.”

The partnership follows a successful pilot in 2022, which saw Balfour

Beatty Living Places welcome one trainee street lighting operative to its Northamptonshire Street Lighting contract after developing the plan with Groundwork Northamptonshire to create long-term opportunities for young people.

Kimberley Lawson, operations director of Groundwork Northamptonshire, added: “Corporates rarely invest in young people on a grassroots level so this programme and Balfour Beatty Living Places’ support and commitment is really special.”

Groundwork UK is one of Balfour Beatty’s official corporate charity partners alongside The Prince’s Trust and Project RECCE.

0800 088 6004 enquiries@wilsonbrowne.co.uk wilsonbrowne.co.uk For Northamptonshire’s business news visit www.Business-Times.co.uk

Community

Join us: Bench backs national recruitment campaign

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agistrates courts in is so rewarding to know that Northamptonshire I am making a contribution have issued an appeal where I live. I was living in for more people to join the a very multicultural area and bench. wanted to help diversify the The Judiciary of England voices on the bench to ensure & Wales and the Ministry of the public and defendants Justice are calling on people have confidence in the justice from across the county to system.” be part of a new wave of Magistracy is open to volunteers. anyone aged between 18 and The appeal is part of a 70. Successful applicants national drive to increase the must commit to sitting for a number of those volunteering minimum 13 days a year for across England and Wales, at least five years. The role including people from is voluntary, with no legal underrepresented groups qualifications, degree or in the magistracy. The experience required. opportunity to apply to join Volunteers receive thorough the Northamptonshire Bench training as well as ongoing is now open. support to help make Data on the diversity decisions on cases in criminal of the current magistracy or family court. Magistrates in Northamptonshire, work in groups of three with Leicestershire & Rutland a legal advisor, who offers and Lincolnshire over the guidance on the law. last five years shows an Mark Beattie, national increase in magistrates from chair of the Magistrates’ underrepresented groups, Association, said: including those aged under “Magistrates are the 50 - currently almost one in cornerstone of the justice five of the local judiciary system of England and and from an ethnic minority Wales so we welcome this background. continued drive to recruit Current magistrates on the much-needed volunteers to Northamptonshire Bench help deliver speedier justice have been reflecting on their for all. Diversity is one of the role. Jake is a retired Army strengths of the magistracy, officer whose interest in the so we would encourage law was sparked when he those from underrepresented represented soldiers in court groups and areas to apply to for minor offences. Now a perform this most rewarding pensions manager, he has of voluntary roles.” been a magistrate for 11 Research from the Ministry years. of Justice among HR and “I would describe my role business leaders showed simply as a person they felt people from the local who volunteer I community, as magistrates wanted to helping to were likely to help diversify decide how have sound to deal with a judgement the voices on range of cases and effective the Bench brought to the decision-making court,” he said. “It skills. n

For more information, visit icanbeamagistrate.co.uk.

Safety first for Market Square regeneration

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upils from Hunsbury Park Primary School in Northampton have designed innovative site safety posters to help to keep construction workers and the public safe while works take place at the town’s Market Square.

The historic square is undergoing extensive regeneration and, while the work continues, hoardings have been added around the edge of the site.

The pupils were joined by representatives from construction firm Stepnell and West Northamptonshire Council, which are carrying out the project, for a series of sessions on site safety.

Youngsters put pencils to paper to design the posters and now a selection of the drawings have been turned into colourful hoardings around the edge of the site.

“It was fantastic to have Stepnell join us in school for our Construction Day,” said Hunsbury Park Primary School’s assistant head Felicity Sinclair.

“We aspire to give our children a wide range of experiences and it was

Developer’s delight at cycle fundraising success

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ogistics property developer and investor Prologis UK has raised £35,000 for charities across the region from its annual Prologis 100 fundraising cycle ride through the Northamptonshire countryside.

More than 130 participants set out on the challenge.

“Every year we hold the

Prologis 100 and every year we are able to support a number of great charities doing really important work,” said Prologis UK’s regional head Paul Weston. “This year was no different and, as always, I feel incredibly privileged to be part of an organisation that puts such an emphasis on charitable work and giving back.”

The charities to benefit this year are the breast cancer charity Breast Friends, Battens Disease Family Association, which supports sufferers of the rare childhood neurological disorder and their families, and LandAid, which coordinates fundraising by the property industry to support the homeless.

Recognising that charity is serious business To feature or comment email: news@business-times.co.uk

an amazing opportunity for them to learn about the construction industry.

The activities Stepnell led helped the children to understand more about

safety on construction sites and how to create strong and stable structures.

“Having their posters displayed to help keep others safe has shown

them the impact they can have and given them a real purpose for their learning.”

Stepnell has delivered more than 60 hours of sessions in schools. ‘We were blown away by the children’s enthusiasm for the scheme and the brilliant artwork,” said regional director Adrian Barnes.

“We hope to inspire the next generation.”

The youngsters are pictured with Cllr Dan Lister, cabinet member for economic development, town centre regeneration and growth at West Northamptonshire Council.

“We hope that they enjoyed seeing their artwork and the project at first hand,” said Cllr Lister.

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