JULIE COLDWELL
FTSE 100 +35.74 6563.65
HUDDERSFIELD EXAMINER TUESDAY, OCTOBER 7, 2014
Vintage stuff Interview - Page 3
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KAREN WYNDARD Pensions posers Column - Page 5
An EXAMINER publication
KIRKLEES BUSINESS NEWS Stadium aims to score as a big venue for business The business NEWSpaper for Kirklees
INSIDE
Wind power
henryk.zientek@examiner.co.uk
A leading leisure and business venue in Huddersfield has been nominated for a top award. The John Smith’s Stadium – billed as the town’s premier conference venue and home of Huddersfield Town and Huddersfield Giants – has been shortlisted for a prestigious Football Business Award. The John Smith’s Stadium is nominated alongside Liverpool’s Anfield Football Stadium, Arsenal’s Emirates Stadium, The Stadium of Light at Sunderland and the Royal Berkshire Conference Centre, which is part of Reading’s Madejski Stadium, in the category for Best Non-Match Day Use of a Venue. The requirements for application were to put forward a case study based submission, focusing on a particular nonmatch day event held at the facility. The stadium entry focused on the Kirklees Business Conference, organised by the Mid Yorkshire Chamber of Commerce. The Kirklees Business Conference is a major date in the calendar for mid-Yorkshire small and medium-sized businesses and has grown significantly over the
■■ The John Smith’s Stadium in Huddersfield is vying for top honours in a national award
years to become the stadium’s largest non-match day event. Every autumn, the stadium doors open to wow the attendees with an electric exhibition atmosphere, attentive staff and well-executed catering offer. The outcome of delivering the event to the satisfaction of its client and visitors was considered to be the perfect example of the capabilities and service level
on offer at the stadium, as well as demonstrating to the judges the ability to host regular events that have a positive impact on the town of Huddersfield and the business community as a whole. Kieran Grieves, sales manager at the John Smith’s Stadium, said; “We are absolutely delighted to have been shortlisted for this award. We pride ourselves on being a landmark in the heart of the
local community not only for the fans but for the residents and business hub. “We continually strive to offer the best facilities and a great service and this nomination is a true testament to the hard work and dedication of the whole team here, and our capabilities in offering a diverse, accessible and reputable facility.” Gareth Davies, managing director of KSDL, said: “It is an honour to be recognised for the hosting and execution of an event which is hugely significant in the business community. “Our relationship with the Mid Yorkshire Chamber of Commerce has gone from strength to strength and we are thrilled to be pitched alongside such huge names in the conference and events arena. I wish the team and the stadium the best of luck and hope to be winners on the night.” The Football Business Awards 2014 will be held at Chelsea Football Club on November 6. The annual event is designed to celebrate successes and reward innovation off rather than on the pitch. The stadium was the brainchild of a partnership between Kirklees Council, Huddersfield Town FC and Huddersfield Rugby League Club who came together in 1991 to create a major commercial, sports and leisure complex on the 51-acre site
Adare Group boosted by £31m refinancing package A Huddersfield company has secured a £31m refinancing deal. HSBC Leveraged Finance and middle market financial sponsors have completed the refinancing package for Adare Group. This marks a new international banking relationship for Yorkshire-based Adare, which operates across 32 countries. The transaction, led by Tom Green, HSBC’s Leverage Finance head of Yorkshire and North East, is the fifth for HSBC’s Leveraged Finance team in Leeds in recent weeks. Adare, based at Clayton West, is a leading provider of global marketing and secure communication solutions comprising four specialist businesses: Adare International – which embraces The Purple Agency – Adare Ltd, Adare
Advantage and Kalamazoo Secure Solutions. Its subsidiary companies include ones supplying secure documents such as election voting forms, visitor passes and hospital patient records as well as promotional goods and product packaging. Adare helps its blue-chip clients change the way they communicate with their audiences, giving them a competitive edge in their markets and helping them achieve their own commercial and strategic goals. The business recorded revenues in excess of £150m for the year ended October 31, 2013, and employs more than 900 people across its offices in the UK, North America, Latin America and Europe. Robert Whiteside, chief executive of Adare, said: “Our strategy has ensured
consistent, year-on-year, profitable growth. “Given the company’s track record over the past few years, there were a number of potential parties interested in providing the company with new facilities, but we chose HSBC. “The bank’s team showed a deep understanding not only of our current requirements, but also our future plans and strategies and were able to provide the best solution for our expanding global needs. “Our new facilities and relationship with HSBC puts the company on a greatly-improved platform, which will help us achieve our targets and underpin our plans.” Mr Green said: “Adare is a locallybased business offering global solutions to its clients. It is a business we have
been in discussions with for some time and are delighted to now be able to support. “The strength and depth of customer relationships across each of Adare’s specialist businesses is a testament to the high quality of its management and the innovative services offered by the group. “Adare has a high quality pipeline of new business opportunities and we’re pleased to be part of this exciting period for the company.” HSBC was advised on the transaction by Addleshaw Goddard’s partner David Handy and managing associate Michael Kidd. Adare was advised by David Hardless and Ian Hale, of Park Place Corporate Finance, and Sarah Day, of DLA Piper.
examiner.co.uk
By HENRYK ZIENTEK Business Reporter
Kirklees manufacturers have been urged to tap into £4.5m funding to support offshore wind growth. Manufacturers in the district have been given the chance to tap into two fast-track funding calls worth a combined £4.5m to help them exploit opportunities in the UK’s offshore wind market. With as much capacity already installed as the rest of the world combined, the UK is seen as a global leader in the field . It is estimated that the domestic manufacturing opportunity from the offshore wind industry could be worth up to £15bn.
The most trusted news brand in the business
Growth trend Multi-disciplinary consulting engineering firm Patrick Parsons has strengthened its environment and energy offering with a senior promotion in Huddersfield, the creation of a new team in Glasgow and a forthcoming highprofile appointment in Birmingham. The moves follow growing demand for Patrick Parsons’ ground engineering and geo-environmental services, which range from desk top study and ground investigation to remediation strategies and risk assessment.
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TUESDAY, OCTOBER 7, 2014 HUDDERSFIELD EXAMINER
KIRKLEES BUSINESS NEWS
national
BCA gets into gear for a stock market flotation The owner of the webuyanycar car brand said it plans to float on the stock market in a move that reportedly values it at £1.2bn British Car Auctions (BCA), which has an auction centre at Armytage Road, Brighouse, andf describes itself as Europe’s largest used car market place, plans to sell at least a 25% stake, raising about £200m to pay down debts. Surrey-based BCA, which sold more than 900,000 cars last year and purchased more than 120,000 vehicles, is owned by private equity firm Clayton, Dubilier & Rice. BCA has seen strong annual sales growth in recent years to reach £442.3m for 2013, with adjusted earnings climbing to £62.5m. It said this year had seen continued strong performance. The business, which operates from more than 200 locations and held 19,000 auctions last year, said it was approximately two-and-a-half times the size of its next largest competitor. Chief executive John Olsen said: “The initial public offering of BCA is a natural development for our business and will provide us with the right ownership base to continue to deliver on our strategic ambitions.” Chairman Fred Kindle said: “The
■■ British Car Auctions predicts a bright future as it prepares for a London listing
business will build on its strong market positions, its digital presence and its trusted relationships with professional buyers and vendors. “I believe that BCA has a bright future and that its listing on the London Stock Exchange is the ideal foundation for the group to move to the next stage of its development.” Clayton, Dubilier & Rice bought BCA in 2010 for about £400m. The business was founded in 1946
as Southern Counties Car Auctions and at its first auction sold 14 cars raising £2,300. BCA bought webuyanycar in August 2013, and said the brand had since then continued to expand rapidly in the UK, before recently starting its expansion in Europe – entering the Netherlands market this year. Its 19 auction centres in the UK include the Brighouse site and others in Manchester, Nottingham, Glasgow,
Cranswick hit by price war fears Investors lost their appetite for pork producer Cranswick today amid flat sales and fears that it may be squeezed by the supermarket price wars. The Hull-based business, which supplies sausages and cooked meats to a range of grocers, said sales in the six months to the end of September were in line with the same period last year. It added that during the period growth across most product categories was offset by lower sales of fresh pork. Pig prices eased during the second quarter of the financial year, after record highs this time last year saw the group warn profits would be flat. Some analysts forecast sales at the business will come under pressure in the second half of the financial year as a result of the supermarket price wars. Shares closed down 36p at 1289p, or 2.7% Numis cut its full-year sales growth forecast for the group from 5% to 2.7%, but still sees these hitting £1 billion by the end of the current financial year. Cranswick said: “Market conditions through the second half of the year are expected to remain competitive. “However with a strong Christmas trading period anticipated in the third quarter of the financial year, the group is well placed to deliver a fullyear performance that is in line with the board’s expectations.”
Edinburgh and Preston The announcement came as used car rival Cargiant posted record pretax profit up 69% to £30.2m in the year to the end of last December as it sold 47,600 cars at auction, up 16%. Sales also jumped a record 31% to £398m. Cargiant also said it grew turnover by 20% in the first eight months of this year Meanwhile, the Society of Motor Manufacturers and Traders said last month saw almost 430,000 new cars sold, the best September total in a decade. The body said new car sales reached 425,861, which is 5.6% up on the same time last year and represented the 31st consecutive monthly increase. Best sellers included the Ford Fiesta, Ford Focus, Volkswagen Golf, Vauxhall Corsa and Volkswagen Polo. The UK switched to a twice-yearly plate change 15 years ago, with the arrival of the T-plate in 1999. Previously, plate changes happened once a year, in August. Number plates now change in March and September,. From 2004 to 2013, March averaged just over 400,000 cars per year, with September slightly less at 380,000.
Tesco bolsters board of directors
Grant Thornton bang on target
Embattled supermarket Tesco is beefing up its board as it battles sliding sales and faces a probe into a £250m accounting blunder. The retailer has named Richard Cousins, chief executive of catering giant Compass, and Mikael Ohlsson, former boss of Ikea, as non-executive directors (NEDs). Both men will join the
Business and financial adviser Grant Thornton UK LLP has recorded its fifth successive year of strong results. Revenue was up 9% to £512m for the first half of 2014 – hitting the firm’s Ambition 2015 turnover target one year early. The predominantly organic growth comes on the back of
board on November 1. Shares in Tesco closed up 4.6p at 176.8p, or 2.7%. Chairman Sir Richard Broadbent said: “I am delighted to welcome Mikael and Richard to the board and know that their broad skills and experience will be a real asset to the company in the coming years. “Mikael and Richard have
been updated on and are wholly supportive of the steps being taken by the new management team to rebuild trust in Tesco and to focus all the resources of the business to deliver value to our customers.” Tesco is seeking to turn around its fortunes under new chief executive Dave Lewis after a series of profit warnings.
double digit performance in the previous two years and contributes strongly to Grant Thornton being the fastest growing international accountancy network. Growth was driven in large part by continued strengthening of the advisory practice, which grew by 15%. The firm also saw its audit practice
improve by 4% while turnover from its tax offering remained broadly flat year on year. Profits rose by 7.7% in absolute terms. On a “like for like” basis, average pre-tax profit per partner was up by 15% to £402,000. Distributable profit per partner rose by 10% to £385,000 after accounting for changes to tax.
SHARE PRICES NORTH AMERICAN
American Express Chevron Du Pont Exxon Mobil Gannett Hess Corp Microsoft Motors Liquidation Wal-Mart Stores Wrigleys
£54.21 £73.22 £43.74 £58.70 1834.06 £55.98 £28.69 46.79 £48.25 £49.89
AEROSPACE & DEFENCE
Avon Rbbr BAE Systems Chemring Cobham Meggitt Rolls-Royce Senior
AIM
600 Group API Grp Brady Plc Highland Gold Mining Johnson Service Grp London Security M”S Intl Nichols Redhall Group Scapa Grp Youngs GKN Barclays
680 4615/8 2183/4 2813/8 4453/4 9611/2 2697/8
181/4 511/2 751/2 48 591/2 £231/4 190 983 113/8 132 985
AUTOMOBILES & PARTS BANKS
3131/8 2321/4
-0.16 -0.21 -0.33 +0.11 -13.72 -0.61 -0.06 +0.01 +8 +13/8 -21/4 +3/8 +63/4 +8 +43/4 -5/8 +1/2 -21/2 +11/2 +1/2 -11/2 -71/2 -41/8 -4 +103/4 -1/8 +73/4
Bk Ireland HSBC Lloyds Banking Gp Ryl Scotland Stan Chart Barr (AG) Diageo SABMiller Croda Elementis 98 Johnsn Mat
241/4 634 771/4 3717/8 1129
BEVERAGES
+1/8 +13/4 +53/8 +151/2
6031/2 1762 £333/4
-31/2 +18 -1/8
£217/8 2497/8 £291/8
+1/2 +21/4 +3/8
BT Grp Cable & Wireless Comm Colt Group KCOM Talktalk Telecom
1741/4 1399 287 581/8 2003/4
-25/8 +16 +1/4 +1/8 -21/4
Morrison W Sainsbury Tesco Thorntons
630 1514
+111/2
CHEMICALS
CONSTRUCTION & MATERIALS
Balfour Beatty C”R”H Costain Low Bonar Marshalls Drax Gp SSE
ELECTRICITY
ELECTRONIC & ELECTRICAL EQUIPMENT
Domino Ptg Laird Morgan Advanced Ox Instmts Volex
5961/2 3083/4 2813/4 1042 831/2
-7 +21/8 -7/8 +3 -5/8
4531/4 131 572 2613/4 1823/4
+13/4 +1 +1 +13/4 +13/4
EQUITY INVESTMENT INSTRUMENTS
Alliance Trust Br Assets Candover Inv Dunedin Inv Dunedin Sml
Edin Invst Electra Private Equity Forgn & C Henderson Smllr Cos North American Inc Scot Am Scottish Mortgage Witan
6111/2 £253/4 3951/8 528 847 2371/2 2321/4 703
+41/2 -1/4 +23/4 +71/2 +7 +23/4 +21/2 +41/2
FIXED LINE TELECOMMUNICATIONS 376 453/4 1317/8 94 2831/2
-3/4 -1/4 -1/2 -2 -71/8
1603/8 2311/8 1763/4 108
+25/8 +33/4 +45/8 +2
FOOD & DRUG RETAILERS
AB Food Carrs Millg REA Hldgs Tate Lyle Unilever
FOOD PRODUCERS
£263/8 1625 381 5951/2 £251/2
-1/8 +21 -9 -41/2
3071/8 881 782 1874 805
+7/8 -4 -3 +7 -5
GAS, WATER & MULTIUTILITIES
Centrica National Grid Pennon Grp Severn United Utils 3i Group Close Bros
GENERAL FINANCIAL 3703/4 1466
+1/4 +6
HOUSEHOLD GOODS
Local shares Carclo Marshalls National Grid Weir Gp
120 /4 2003/4 881 £235/8 3
+2 /2 -21/4 -4 +1/8 1
FTSE closed at up 35.74
3801/4 1857 1157/8 £213/4 £231/2 1847
GENERAL INDUSTRIALS
Smith DS Smiths Grp
255 /4 1240 3
GENERAL RETAILERS
Ashley L Dixons Carphone Home Retail Inchcape Kingfisher M & S Mothercare Next Signet Jewelers WH Smith
263/8 3721/4 1691/4 650 3161/4 4057/8 2583/4 £661/8 £723/8 1073
+77/8 +5/8 -1/8 -4 -2 /2 -4 1
+5/8 +31/4 +23/4 +1/2 +11/8 +53/8 -41/2 -3/8 -3/8 +6
HEALTH CARE EQUIPMENT & SERVICES
Smith Nph
1032
157 3981/4 1568 1346 £521/2 1143/4
INDUSTRIAL ENGINEERING
6563.65
ICAP London StockExch Man Group Provident Financial Schroders Schroders NV
Aga Rangemaster Barrat Dev Bellway Persimmon Reckitt Benckiser Taylor Wimpey
+1
Fenner I”M”I Molins Renold Spirax-Sarco Weir Grp Ferrexpo
-3/4 -1/8 +5 -1/8 +1
311 1200 135 55 £281/4 £235/8
+2 /2
103
+3/4
1
-1/2 +1/2 +1/8 +1/8
INDUSTRIAL METALS
INDUSTRIAL TRANSPORTATION
BBA Aviation
342
LIFE INSURANCE
Aviva Friends Life Gp Lgl & Gen Old Mutual Prudential Standard Life
BSkyB D Mail Tst ITV Johnston Press Pearson Reed Elsevier STV Group Trinity Mirror
MEDIA
+101/8
517 3061/4 2263/4 1811/4 1388 403
-21/2 +11/4 -11/4 +33/4 +151/2 -1/8
895 752 207 35/8 1209 997 3531/2 1651/4
+1/2 +21/2 +3/4 +4 +111/2 -21/2 -1/2
Utd Business UTV WPP
550 215 1210
MINING
Anglo American Antofagasta BHP Billiton Fresnillo Kazakhmys Lonmin Rio Tinto VEDANTA RESOURCES
-41/2 +3 +4
1348 +331/2 7061/2 +26 16751/2 +25 7451/2 +251/2 2501/4 +81/4 1677/8 +3/4 £30 +1/2 1 955 /2 +191/2
MOBILE TELECOMMUNICATIONS
Inmarsat Vodafone Group
7051/2 2061/8
NONLIFE INSURANCE
Admiral Grp Jardine LloydThomson Marsh McL RSA Ins Gp
1290 935 £325/8 4701/4
OIL & GAS PRODUCERS
BG BP Cairn Energy Premier Oil Royal Dutch Shell A Royal Dutch Shell B Total Tullow Oil
1093 4461/8 1797/8 3063/4 £227/8 £233/4 £38 608
OIL EQUIPMENT & SERVICES
AMEC Petrofac Wood Gp(J)
1081 9821/2 7181/2
PERSONAL GOODS
+81/2 +21/4 -5 +7 + /4 1
+27 +11/8 +41/4 -13/4 -1/8 -1/8 +8 -11 -13 -5
Burberry Gp PZ Cussons
1472 3695/8
+8 -21/4
£435/8 1434 £541/4
+81/2 -1/4
PHARMACEUTICALS & BIOTECHNOLOGY
Astrazeneca GlaxoSmithKline Shire
REAL ESTATE
Brit Land Gt Portland Hamrsn Intu Properties Land Secs SEGRO
688 628 569 3171/4 1032 358
-1/2 +11/2 -1 -1/2 -11/4
SOFTWARE & COMPUTER SERVICES
Sage Group
3581/4
+3/8
976 1609 1160 1481/2 4727/8 2151/8 2151/8 9731/2 2511/4 1223/4 318 5961/2 5631/2 482 1747/8 1163/4 1650 £323/4
+6 /2 +12 -5 -3/4 -21/8 +5/8 +5/8 +191/2 +3/8 +63/4 -1 +11/2 +3 -11/4 -13/4
SUPPORT SERVICES
Berendsen Bunzl Capita Connect Group De La Rue Elctro Com Electrocomp Experian G4S Hays Homeserve Interserve Menzies J Northgate Prem Farnell Rentokil Travis & P Wolseley
1
-4 +1/4
TECHNOLOGY HARDWARE & EQUIPMENT
ARM Hldgs IBM Spirent Comms
TOBACCO
Br Am Tob Imperial Tobacco
883 £1173/4 985/8
-31/2 +1/8 -3/4
£343/4 £263/4
+1/2
TRAVEL & LEISURE
Bwin.Party Digital Carnival Compass Grp easyJet Enterprise Inns FirstGroup Go-Ahead Gp Greene King Intercontl Htls Intl Cons Airl Ladbrokes Marston’s Mitchells & Butlers Natl Express Punch Taverns Rank Org Restaurant Grp Ryanair Stagecoach Group TUI Travel Whitbread William Hill FTSE 100 FTSE 250
INDEX
90 £25 983 1467 1215/8 1163/8 £251/4 7881/2 £231/4 3711/4 1253/4 1421/8 3671/8 237 9 165 645 5891/8 3721/8 3971/4 £413/8 3653/8
6563.65 15277.01
-7/8 +1/2 +8 +13/4 -3/8 +31/2 +1/8 +61/8 +2 -3/4 -11/4 -1/4 +3/8 +4 -41/2 -95/8 +1 +41/4 -1/8 +1/4 +35.74 +46.85
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HUDDERSFIELD EXAMINER TUESDAY, OCTOBER 7, 2014
KIRKLEES BUSINESS NEWS
profile
Julie’s love for vintage fashion It’s a brave decision to make at any time. But giving up a steady and successful business to start afresh – in a totally different sector – takes a certain kind of entrepreneurial courage. That’s just what Julie Coldwell has done. At the age of 50, she has given up her lifelong career as a hairdresser to set up House of Eccentricity – a vintage clothes and gifts shop – at Holmfirth. Even her best friends might think the business is aptly-named – and Julie recognises the fact that her decision could be viewed as eccentric by some. “My daughters think I’m going through a midlife crisis!” she jokes. “As a hairdresser I was used to people booking appointments and coming into the shop at the appointed time, so I knew where I was and who was coming to the salon. “This is so different. You don’t know who will come through the door – or when.” Says Julie: “I have always been interested in vintage clothing and things that are a little bit out of the ordinary.” House of Eccentricity certainly reflects that passion Along with her ranges of dresses, sweaters, skirts, frocks, shoes and shorts, the shop at Dunford Road boasts old record players, vinyl records, leather-bound books and other items from a bygone age. Julie ran a hairdressing business in Thurlstone for many years, but says: “I had got fed up with it. I had a young girl working for me and to tell the truth I was getting a bit stale with it. “I wasn’t enjoying it – which wasn’t fair to the customers because if you don’t enjoy what you are doing you aren’t giving of your best. “I wanted to come to Holmfirth because I had been working in Penistone for 15 years and I didn’t want to set up my new business in the same area. “I wanted to be seen somewhere else. I wanted a new challenge.”
Julie trained as a hairdresser at Granville College at the age of 16 and went straight into the trade – working at the salon she eventually ended up owning. House of Eccentricity stands opposite the former Frank Platt electrical shop. It had been an antique shop at one time, but had been standing empty for some time before Julie spotted it and decided it was just what she needed. “I bought it in November and moved in this March,” she says. But the premises needed lots doing to it to make the shop fit for purpose. “Christmas week, my daughters and I and my partner were up to
Julie Coldwell
our knees in water trying to put some new drains in,” she says. “We had to get it rewired and put in new piping.” There was no problem stocking the shop. “I have been collecting a lot of things over the years,” says Julie. “Vintage clothing has been an interest of mine for a long time.” The shop stocks popular-again clothing from the 60s, 70s and 80s. There are day dresses and tea dresses from the 40s and 50s. Many of the items are in demand from people wanting the right attire for themed parties. Says Julie: “It’s a learning curve for me – discovering what people are interested in buying.
■■ Julie Coldwell, who runs The House of Eccentricity in Holmfirth
“Clothes in the chain stores are often a bit samey. These are oneoffs. They are still quality garments. They are second hand, but they have been worn and obviously been loved.” Julie also stocks new clothes – for people who don’t like the idea of wearing something someone else has worn. Her stock includes labels such as Pin up Girl and Vanity Project. “My long-term dream would be to design my own clothing range,” says Julie. “I’d like to create something I know I’d like, but can’t find in the shops.” She says: “People coming into the shop are looking for something for a specific occasion – and I get customers of all ages from young girls buying Levi shorts to people aged 50 plus.” While the main part of the store is now complete, the building has space to the rear and a first floor area just waiting to be utilised. “This building has masses of potential,” says Julie. “I have all these ideas for expanding the shop – but I need to put them into order rather than have them whizzing around in my head! “I also want to make this shop a ‘home from home’ where people can come in and sit down, have a cup of coffee and browse through the books. “I don’t buy things if I’m being pressured into it – so why would I pressure someone else?” While there’s plenty of work still to do, Julie has no regrets about making the move. “I couldn’t work for someone else,” she says. “I have tried it – and it doesn’t work. I am quite an impulsive person and I always try to do what I want to do.” Julie has had precious little spare time since buying and refitting the Holmfirth shop, but she says: “Whenever I get the chance, I like walking. I like my home life, too. I had to live in a caravan twice while doing up properties, so it’s nice to be at home. “Having said that, we have a campervan and we go out in that. I like to holiday in the British Isles.”
Role: Owner Age: 50 Family: Partner Nicholas and daughters Olivia, 28, Rosie, 25 and Bronwyn, 17 Holidays: I like to go to Scotland and Dorset. We also holiday in Northumberland First job: Hairdresser Best thing about the job? I can please myself, which is what I have always wanted to do. It’s also nice that customers feel they can trust my judgement when they ask my advice Worst thing about the job? Parting with my money! Business tip: You have to keep believing in yourself. Don’t be scared of making mistakes. Nothing worth doing is easy to do.
The House of Eccentricity Work: Vintage clothing and gifts Site: Dunford Road, Holmfirth Phone: 01484 691811 Email: eccentricity@live.co.uk
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TUESDAY, OCTOBER 7, 2014 HUDDERSFIELD EXAMINER
local
KIRKLEES BUS
Campervan firm back among the industry awards Campervan manufacturer Wellhouse Leisure has landed another award for its new Ford Terrier. The vehicle was named Best Rising-Roof Campervan at The Motorhome of the Year Awards 2014 by Practical Motorhome magazine. It’s the second award for the Ford Terrier as it also won Campervan of the Year in The Motorhome Awards 2014 by MMM and Which Motorhome magazines. The Terrier is the first UK campervan conversion based on the new Ford Transit Custom kombi. More than 108 have been sold since launch its launch October, 2013. Shepley-based Wellhouse Leisure has invested £125,000 and recruited 10 extra staff to boost production of the vehicle to meet demand. David Elliott, managing director of Wellhouse Leisure, said: “Winning two important awards like this in its first year is a real achievement and really positions the Terrier as the UK’s leading campervan. “We are obviously delighted that the Ford Terrier is making such an impact against established rivals based on the popular Volkswagen T5.” The Terrier is available from a nationwide network of agents, including 18 Ford retailers.
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P: 01484 423691 E: david.butterworth@wheawills.co.uk W: www.wheawills.co.uk
Buying or selling? Take care over tax As the economy continues to recover from the recession, opportunities may become available for business owners to seek new ventures and sell their existing business. One of the main concerns surrounding the sale of a business is the amount of Capital Gains Tax (CGT) payable on its sale. Generally, gains are subject to CGT at 18% or 28% depending on whether the individual is a basic or higher rate taxpayer. For business owners making qualifying gains, Entrepreneurs’ Relief is available which taxes business gains at a lower rate of 10%. For disposals made on or after April 6, 2011, this rate applies to gains up to a total of £10m. Qualifying gains include the disposal of the whole or part of a business carried on by an individual or partnership member, or shares in an unquoted trading company. Most saleable businesses are conducted via a limited company and Entrepreneurs’ Relief will be available on the sale of the shares in an individual’s personal company, if throughout a period of 12 months prior to the disposal the company carried on a qualifying trade and the individual owned at least 5% of the ordinary share capital and voting rights and they were an officer or employee of the company. Where practical, action needs to be taken for those directors/employees affected to ensure that they have this minimum shareholding 12 months before disposal. In the case of husband and wife shareholders this could be achieved
TAX TALK Colin Barratt by transferring ordinary shares to the minority shareholding spouse giving them the required 5%. Such interspouse transfers are exempt from CGT. For key employees who have helped to grow the company and who have acquired their shares, on or after April 6, 2013, on the exercise of the options granted under the tax-favoured Enterprise Management Incentive Scheme, the 10% CGT rate will apply to gains made on the sale of these shares as long as the grant of the option takes place at least 12 months before the shares are sold. The 5% shareholding requirement does not apply to these particular EMI shares. Often business premises will be owned personally by shareholders or partners in a trading partnership to protect the asset in case of business difficulties in return for a payment of rent for the use of the premises. From April 6, 2008, Entrepreneurs’ Relief is restricted to the extent that any rent is paid. Some consideration needs to be
given as to whether rents should cease in order to secure some measure of Entrepreneurs’ Relief against the individual’s need for rental income to pay interest on any mortgage taken out to buy the property. The entitlement to Entrepreneurs’ Relief could also be jeopardised if a trading company holds substantial investment assets or undertakes substantial non business activities. Consideration and timely planning needs to be given to demerging non business assets/activities in order to protect the company’s status as a trading company. If Entrepreneurs’ Relief is not secured and gains on the disposal of the shares are taxed at rates applying to non-business assets the tax will increase from 10% to a maximum of 28%, an increase of 180%. Entrepreneurs’ Relief is valuable in mitigating a business owner’s CGT liability and proactive steps may need to be taken before the last 12 months before the business is sold to secure the relief.
Colin Barratt is tax partner at Wheawill and Sudworth chartered accountants, Huddersfield
Manufacturing group backs efforts to boost exports after link-up with UKTI Manufacturing body the EEF has signed a partnership agreement with Government trade body UKTI to help boost exports and attract more businesses to invest in the UK. The deal demonstrates a commitment from EEF, –which represents manufacturers ranging from global corporations to small and medium sized businesses – to support UKTI in achieving the Government’s £1 trillion export target by 2020. The agreement will see both organisations working closely together to build stronger partnerships with manufacturers, boost overseas trade missions and raise greater awareness of the support available from UKTI. Andy Tuscher, Yorkshire and Humber region director at EEF, said: “Improving our export performance is key to helping Britain achieve the better-balanced economy needed to deliver long-
term stability and growth. “UKTI has a vital role to play in helping companies to increase their global footprint. “We will now work together to ensure that manufacturers are aware of the support it provides in finding new markets overseas, as well as smoothing the way for new exporters.” Dominic Jeremy, UKTI chief executive, said: “As part of our strategy to build stronger relationships with our partners, I am delighted to be working closer with British manufacturers through EEF to drive towards sustainable economic growth through exports. “The scale of ambition to achieve our £1 trillion export target by 2020 will require a full team effort with Government and business working together. This partnership will be a very positive step forward towards this goal.”
■■ Andy Tuscher, Yorkshire regional director of the EEF
■■ Pratik Dattani, direc of Indian Chambers of
India of opportu for loca
As part of Mid Yorkshi Business Week, a new duced at the conferen national trade confere Companies which a – to export have the o specialist advice at t been organised by the ness Association. The free Internation bring delegates toget world with a series o importing, exporting Kirklees businesses. The event, which ta to 3.30pm on Wednes John Smith’s Stadium welcome delegates s with a series of event ing, exporting and t businesses. The Indian Consul the event with a 10-m the Indian economy proceed with a lively selection of high-pro who will provide an i ing with India really specify the support th businesses to trade su The panel member chief executive officer Dattani, UK director Indian Chambers of Viplavi Mahendra, m India Business Hub; managing director of Pratik Dattani, direc “FICCI is thrilled t Kirklees Business We an exciting opportun India market. “India’s economy h tunity for UK SMEs s work with initiatives deepen these trade re The event is part of Business Conference. Book at www.k co.uk
5
HUDDERSFIELD EXAMINER TUESDAY, OCTOBER 7, 2014
SINESS NEWS
ctor of the Federation Commerce UK
ffers unities al firms
ire Chamber’s Kirklees w event has been intronce for 2014 – an interence. already are – or hoping opportunity to receive the event, which has e Yorkshire Asian Busi-
nal Trade Festival will ther from all over the of events focusing on g and trading with
akes place from 2.30pm sday, October 15, at the m in Huddersfield, will specifically from India ts focusing on importtrading with Kirklees
late General will open minute presentation on y. The event will then y Q&A session with a ofile business leaders insight into what tradmeans. They will also hat is there in order for uccessfully. rs are Adrian Mutton, r of Sannam S4; Pratik r of the Federation of f Commerce (FICCI); managing director of and Eric Hawthorne, Radio Design Ltd. ctor of FICCI-UK, said: to be involved with eek, which represents nity to understand the
holds significant opporso we are delighted to s which promote and elationships.” f the day-long Kirklees . kirkleesbusinessweek.
local
Pension changes mean there’s much to ponder On 21 July, the Government published its offiThereafter, the NMPA will remain ten cial response to the “Freedom and choice in years below State Pension age. pensions” consultation, launched with the 2014 The government is clear that this increase Budget, which closed on June 11. should also apply to public service pension The response outlines the decisions that the schemes, but not to public service schemes Government has taken in order to give individufor Firefighters, the Police and the Armed als greater flexibility when accessing their penForces. sion savings from April, 2015, but the key points Defined Benefit (DB) schemes – Transare as follows: fers from private sector DB to DC schemes Defined Contribution (DC) scheme flexibility – From more flexible products that are capable of meeting spe- (excluding pensions already in payment) will still be April 6, 2015, members of DC registered pension schemes cific circumstances, such as care needs allowed, but only if the individual has first received indewill be able to draw down on their pension savings when• Remove the 10-year guarantee period for guaranteed pendent financial advice from a professional financial ever and however they wish after the age of 55. annuities, which will allow payments made to beneficiar- adviser who is independent from the DB scheme and The tax-free pension commencement lump sum (usu- ies from guaranteed annuities to continue beyond the authorised by the FCA. ally 25% of an individual’s pot) will continue to be availa- current ten year maximum. Transfers from funded public service DB schemes to ble, but any amount in excess of this tax-free lump sum This will allow providers to create annuities that ensure DC schemes will also continue to be permitted but transwill be treated as income and subject to income tax at more of an individual’s fund is returned to their families in fers from unfunded public service schemes will be their marginal rate(s). the event of their death banned. Those who want the security of an annuity will still be • Allow payments from guaranteed annuities to be paid A further consultation will also be issued by the governable to purchase one. to beneficiaries as a lump sum, where the value is under ment to determine if full or partial withdrawals from a DB However, those who do not want to purchase an annu- £30,000. This will allow beneficiaries to receive pension scheme (thus enabling a type of flexible drawdown under ity or withdraw their money out in one go, and who would payments as a lump sum if they wish, rather than having DB schemes) should be permitted. therefore prefer to keep their pension fund invested and to spread these out over several years. If this was permitted, this could alleviate an unnecesaccess it over time, will still be able to purchase a draw£10K money purchase annual allowance for pension sary burden on DB schemes having to arrange lots of down product. contributions – A money purchase annual allowance (AA) transfers-out to DC schemes, for those who do wish to DC Transfers – To ensure maximum choice up to the of £10K for defined contribution (DC) savings will apply to take advantage of the new pension flexibility. point of retirement, the government will amend the tax anyone who takes advantage of the new pension flexibility The forthcoming changes will mean that pension savers and pensions legislation to ensure that the statutory right rules after 5 April 2015 (unless the DC fund is valued at no will no longer be faced with overly complex and restrictive to transfer from one DC scheme to another will be extend- more than £10K and is being commuted under the small rules on how they can access their pension pots and the ed from one year before the scheme’s normal retirement pot rules). simpler rules should make drawdown cheaper. age to the scheme’s normal retirement age. The trigger for invoking the £10K money purchase For those who do want to take advantage of the new Annuity Changes – The government is clear that annui- annual allowance will be the first time that someone takes flexibility though increased freedom and flexibility will ties will remain the right choice for many at some point benefits “flexibly” after April 5, 2015, over and above the mean that important decisions loom on the horizon. during their retirement, although they also acknowledge initial tax-free lump sum. What to draw and when, how much to spend and where that there is a clear demand for more flexibility to allow This reduced AA will not apply to people buying an to invest must all be carefully considered so good quality new products that fit with the changing nature of retire- annuity and individuals already in capped drawdown on advice will be critical. ment. April 5, 2015, will not be subject to this reduced AA either, Buying an annuity, however, should still remain the The government therefore intends to change the cur- unless they subsequently withdraw more than the capped right choice for many at some point during their retirerent tax rules in order to: amount after this date. ment, especially now that the government have given pro• Allow lifetime annuities to decrease in payment. This Normal Minimum Pension Age – The government will viders the green light to offer more flexible annuity prodwill allow providers to offer products which meet individ- increase the normal minimum pension age (NMPA) from ucts than those that are currently available. uals’ needs more closely, for example by allowing annuity 55 now, to 57 from 2028, alongside the increase in State Accessing pension benefits early is not suitable for evepayments to reduce once an individual becomes eligible Pension age to 67. rybody and is likely to reduce your income at retirement. for the State Pension It is important to carefully review your • Allow lump sums to be taken from lifetime individual circumstances before making a annuities, on the condition that this is specified in decision. Karen Wynard is dierector at Eastwood Financial Services Ltd the contract at the point of purchase. This will allow providers to structure much
FINANCIAL FOCUS Karen Wynard
Pink Link wins excellence award A Huddersfield logistics company has scooped a national award. The Pink Link, based at Crosland Road, Oakes, has received the Palletways Platinum Club Award for delivering outstanding levels of service and operational excellence within the Palletways UK network. It is the second year running that they have received the award. The Pink Link provides express delivery services for consignments of palletised freight across the UK and mainland Europe, It joins an elite group of 27 UK transport companies, which have demonstrated the highest levels of performance, commitment to customer service and compliance in the Palletways UK Network.
Richard Allen, principal of The Pink Link, said: “We are delighted to have secured this prestigious award, which reflects the hard work put in by all our staff to ensure we continuously enhance our operations and levels of service. “Winning this award demonstrates to our customers that they can expect a first class delivery service for their small consignment delivery needs across the UK and Europe.” Luis Zubialde, managing director of Palletways (UK) Ltd, said: “We would like to congratulate The Pink Link for being one of the top performers in our UK network. Providing customers with a fast, reliable and efficient service is our top priority.”
QUESTION 1 WHAT ARE YOU DOING THIS FOR? 01484 538351 www.revellward.co.uk
We take you through a series of important questions and focus on the long term income streams and asset pool and create the timeline to achieve your business and in turn your personal goals. Whether you have financial commitments, ageing parents, growing children or a demanding business, we all work to live not live to work, we help you focus on the important areas to give you the best chance of a successful outcome. “Revell Ward’s Strategy Session was a thought provoking experience…” This is the first step, in the Revell Ward Wheel of Fortune, which looks at the ways we go about “Adding to Business” to make you more money. We are running a series of seminars on the Wheel of Fortune, to register your interest email krishna.patel@revellward.co.uk or call 01484 538351.
Revell Ward LLP, 7th Floor, 30 Market Street, Huddersfield, HD1 2HG. 01484 538351 or enquiries@revellward.co.uk
6
TUESDAY, OCTOBER 7, 2014 HUDDERSFIELD EXAMINER
KIRKLEES BUSINESS NEWS
local
Firms urged to power up for £4.5m funding
■■ Wind power offers opportunities for Kirklees companies
Kirklees manufacturers have been urged to tap into £4.5m fund to support offshore wind growth. The GROW:OffshoreWind service is giving manufacturers in the area the chance to tap into two fast-track funding calls worth a combined £4.5m to help them exploit opportunities in the UK’s offshore wind market. With as much capacity already installed as the rest of the world combined, the UK is seen as a global leader and it is estimated that the domestic manufacturing opportunity could be worth up to £15bn. The first fast-track funding call, which is supported by programme partner RenewableUK, is valued at up to £2.5m and has been directed to support SME companies with their capital investment plans. Costs covered include ones for land, buildings, plant, machinery and equipment as well as patents, licences and intellectual property. Through partnership with the Knowledge Transfer Network (KTN) and Offshore Renewable Energy Catapult, a second fast-track fund totalling £2m has also been made available to help SMEs and large enterprises accelerate their investment in innovation projects. Areas covered under this scheme include costs relating to personnel, instruments and equipment, buildings and land, materials, external technology partners and patents. Both calls are seeking applications from West Yorkshire companies who can utilise this funding over the next six months. Applications will be assessed on their ability to create jobs and
develop market presence in the offshore wind supply chain, with Expression of Interest applications to be submitted by October 15. Successful applicants will be required to have substantively completed their projects by April 3 next year. “We are excited about the potential of both calls to help us connect with more West Yorkshire companies and fast track their investment plans,” said Dominic Brown, head of GROW:OffshoreWind. “By streamlining the approvals process, the calls will enable firms to commence their investment plans by early November, ensuring they are in the best possible position to take advantage of the opportunities that are out there. “Up to £500k of grant funding is available for successful applicants, which can be used to support a wide variety of project costs.” The GROW:OffshoreWind programme is supported by the Government’s Regional Growth Fund and is delivered by industry experts from the Manufacturing Advisory Service, RenewableUK, Grant Thornton and the Advanced Manufacturing Research Centre. The service has been designed to make sure English companies are in a position to take advantage, with almost 600 firms helped with successful projects, including the acquisition of state-of-the-art machinery, relocation to new premises and unlocking new technologies and products. Full details on both calls and application forms can be found at www.growoffshorewind. com
Cash-and-carry business gets the message across A cash-and-carry business has launched a new mobile app aimed at “revolutionising the retail experience” for its customers. The free app is available on iPad and iPhone devices for customers of the Bestway Group and Batleys Cash and Carry, which has a depot at Deighton in Huddersfield. The app, which can be downloaded from the i-tunes store, has been developed by mobile communications company RNF Digital Innovation. It has an array of features, including detailed product information and
price updates on up to 20,000 products, the ability to list and access favourite products and the use of a barcode scanner to enable quick processing of large orders. There are also updates on deals, offers and multi-buy purchases and access to previous order history. Customers will also be able to locate their nearest store at the touch of a button, plot a route with an estimated arrival time or book a delivery right down to the ability to inform the delivery driver to beware of a dog and ring the doorbell on arrival.
Rob Mannion, RNF Digital Innovation managing director, said: “We are delighted to join up with the Bestway Group to produce their new Bestway retail app.” Barry Routledge, general manager at Batleys in Huddersfield, said: “We are very pleased to have this app available for our customers. “With the multiple purchasing functions available, offer announcements updates and the ability to provide our customers with instant access to thousands of products in store at the touch of a button, the app offers a fantastic
opportunity to enhance the customer experience. “We are already receiving lots of positive feedback from customers who are telling us how it’s making a real difference in terms of how they order and shop at the store.” Founded in 1976, Bestway Group is the second largest wholesale cash and carry operator in the UK. It trades from 63 depots, employs 4,500 people, has a product line of over 25,000 items and serves 100,000 independent retailers,
Post office delivers information event for businesses Meltham Community Post Office – the new main post office branch which opened in the Carlile Institute earlier this month – is holding the first in a series of information sharing sessions to help customers get more from the products and services on offer. The first event is targeted at those who regularly post parcels, packages and mail generally and will focus on how customers can know what postage to charge on eBay when selling items over the internet, how to package items properly and how customers can reduce their postage costs and
make their time at the post office counter more efficient. This is linked to new package pricing and sizing which is being introduced by Royal Mail from October 20 this year. The free event is open to businesses in the area as well as customers who regularly sell items online and want to use Royal Mail to send parcels. A spokesman said: “As a community post office, our profits are invested back into the service offered and the wider Carlile Institute project. “We want businesses to use it rather
than franking machines or other package delivery firms. In order to help us achieve this, we want to give you the information you need to make the
decision to switch to us, to reduce costs, improve delivery reliability and ensure your customers receive a first class service.” The event will be held from 5.30pm at Meltham Post Office branch, Huddersfield Road, Meltham on Monday, October 20 and will run as a drop-in through to 6.30pm. Tea and coffee will be available from the in-branch café. Further information sharing events will cover issues such as finance, travel money cards and travel insurance, broadband and phone, and banking.
How to get motivated It’s time to get motivated. Martin Haigh (above), of Brighouse-based training and development company Lattitude7, will deliver a seminar in Huddersfield to show how to motivate yourself and the people around you – without having to do star jumps. Said Martin: “While the UK economy is expected to grow at over 3% this year and at a faster rate than any other European economy, we have recently been through a recession. “During difficult times, when things don’t seem to be going our way, we may become de-motivated, uninterested or even disengaged from our community.” The free seminar aims to help delegates find the positives in themselves, their job and the world around them – and send them away with the tools to motivate themselves and the people who matter to them. Said Martin: “Mr Motivator, Derrick Evans, motivates people by wearing Lycra and performing physical exercises. But it does not have to be like that!” Lattitude7 has been operating for four years and Martin has run motivation workshops for many organisations. The seminar takes place from 4pm to 5.30pm on Thursday, October 16, at the Media Centre, Nothumberland Street, Huddersfield. Contact Martin on 07801 030004 or email martin@lattitude7.co.uk
Work in progress Almost a quarter of SME bosses across Yorkshire and Humberside say that they are in constant contact with the office while on holiday, according to a survey. And a further 19% say that they are in touch with work at least once a day while on annual leave, while 32% check emails but don’t make contact with the office unless it’s urgent. The figures are drawn from the latest Close Brothers Business Barometer. Mike Randall, chief executive of Close Brothers Asset Finance, said: “It’s understandable that leaving work behind can be particularly difficult when you’re responsible for running a small business as there might not be anyone else to pick up tasks.”
7
HUDDERSFIELD EXAMINER TUESDAY, OCTOBER 7, 2014
KIRKLEES BUSINESS NEWS
property
Apprentices building careers in construction Four Yorkshire teenagers are laying the foundations for careers in the construction industry after housebuilder Harron Homes took them on as apprentices. Billy Wall, an apprentice bricklayer, and apprentice joiners Jake Reilly, Bradley Blewitt and Kyle Lorcan McMahon, have all just started at various Harron Homes developments in West Yorkshire and South Yorkshire, while also studying on NVQ courses at local colleges. Billy, 16, who livs in Huddersfield, is studying for an NVQ in Level 1 in bricklaying at Kirklees College, Billy, who is working at the Queensbury Gardens development in West Yorkshire, said: “I wanted to follow my dad into the trade, as I’ve helped him do a few construction jobs as I’ve grown up. I’m looking forward to working my way up at Harron Homes.” Jake, 18, of Queensbury, is studying for an NVQ Level 2 in carpentry at Kirklees College and is also working at Queensbury Gardens. He said: “I’ve always wanted to be a carpenter and when I saw Harron Homes were building near where I live I went over and asked where I could sign up – and now here I am working for them.” Bradley, 17, of Normanton, is studying for NVQ Level 2 in carpentry at Wakefield College and working at the Hawthorne Grange development in Pontefract while Kyle, 18, of Rotherham, is taking his NVQ Level 2 in carpentry at Rotherham College of Arts & Technology and is working at Harron Homes’ Oak Dene Mount development in Rotherham. Alan Cadman, construction director for Harron Homes, said: “Apprenticeships are one of the most effective ways to build construction skills for the future. “They are an essential part of our industry and we pride ourselves on taking on promising new workers to ensure their talent is developed and valued. “We would encourage anyone with an interest in construction to take a serious look at apprenticeships with Harron Homes, as we can offer an excellent starting place into the business that will give you the chance to earn and learn at the same time.” Harron Homes has a development at Cowrakes Road, Lindley, Huddersfield, and plans to build more properties as part of a proposed developnment at nearby Lindley Moor Road.
■■ Harron Homes apprentices Billy Wall, Jake Reilly, Bradley Blewitt and Kyle McMahon
Consulting engineer responds to growing demand Multi-disciplinary consulting engineering firm Patrick Parsons has strengthened its environment and energy offering with a senior promotion in Huddersfield, the creation of a new team in Glasgow and a forthcoming high-profile appointment in Birmingham. The moves follow growing demand for Patrick Parsons’ ground engineering and geo-environmental services, which range from desk top study and ground investigation to remediation strategies and risk assessment. In the firm’s Huddersfield office, principal engineer Dr Steve Black has been promoted to associate director. This follows a successful first two years with the company, during which he has built Huddersfield’s environment and energy team from scratch. Dr Black, who has more than 25 years of industry experience, has also made a significant contribution to the business by bringing in new clients, building strong relationships with external companies and bolstering the firm’s geo-environmental, civil and structural offering in Yorkshire. He is now planning to further develop the Highfields-based environment and energy team and to expand its reach into South Yorkshire, the North West and the Midlands.
■■ Dr Grant Richardson and Dr Steve Black, of Patrick Parsons
Dr Grant Richardson, director of environment and energy at Patrick Parsons, said: “When we appointed Steve we were confident that he would be a valuable addition to our team, but he has excelled in the role and exceeded our expectations. “Steve is held in high regard by everyone he works with for his skill, insight and expertise. His promotion to associate director is an acknowledgement of the extensive contribution he has already made to both the
Huddersfield office and the firm as a whole.” With demand for geo-environmental services also growing in Scotland, Patrick Parsons has created a new environment and energy team at its Glasgow office, which was previously serviced from its head office in Newcastle. Experienced engineers Jim Heather and Bharani Iyengar have been welcomed to the firm in senior roles and will spearhead the Glasgow team’s expansion.
Bharani Iyengar has joined the firm as principal geotechnical engineer. Originally a civil engineer, Bharani cross-trained as a geotechnical engineer and has particular expertise in ground model assessment, geo-technical characterisation, analysis of retaining walls, slope stability assessment and earthworks specification and validation. Having worked at a leading UK energy supplier for eight years as well as at a local city council, Bharani brings a wealth of geotechnical design experience to Patrick Parsons. Dr Richardson said: “Jim and Bharani’s skills complement each other perfectly, and with their combined years of experience they make a strong team to build out the environment & energy team in Glasgow. “I’m delighted to have the new recruits on board and along with Steve’s promotion this reflects how the team is moving onto the next level. We now have a talented and experienced team in place to drive the discipline forward and to work on the exciting projects we have in the pipeline.” Dr Richardson said the firm would soon announce a senior appointment at its Birmingham office with the medium-term goal to develop the South East and South West regions.
Property damage problems Landlords in Yorkshire and the North East are most likely to face damage to their properties by tenants, according to latest research. Some 46% of landlords in the region encountered the problem in the last year compared to 34% of landlords in the North West. Landlords in the South East were the least likely overall to have their rented properties damaged, with 21% experiencing the problem. On average, one in three landlords across the UK had their property damaged by tenants in the last 12 months. The findings, estimated to affect more than 400,000 of the UK’s 1.5m landlords, come as a stark reminder about the potential problems of letting property. The figures from the National Landlords Association (NLA) also show that on average one in 10 – about 120,000 – landlords in the UK have had to make an insurance claim of some kind in the last 12 months. Now the NLA is reminding all landlords to ensure they have the right protection in place to cover all eventualities and to insure their investment against the unexpected. Carolyn Uphill, NLA chairman, said: “Property damage is just one of the many different problems a landlord can experience when letting property. “Many are unaware that a simple home insurance policy will not provide sufficient cover for all eventualities, so we’re urging all landlords to protect their investments and ensure they have the right insurance policy in place. “The NLA offers the most comprehensive range of support, advice and services to help landlords and property owners of all shapes and sizes to run profitable, sustainable and successful lettings businesses.”
Agency in the frame Holmfirth-based Applegate Properties has been shortlisted for not one but two top property awards. The Huddersfield Road estate agency is shortlisted for The Negotiator Awards’ Yorkshire & The Humber Agency Of The Year. This award is one of the biggest recognitions in estate agency and the results will be announced at the Hilton Hotel in London on November 4. Director Amy Wray has also been personally shortlisted for the Forward Ladies’ Women in Property Award for Yorkshire and the North East. The awards recognise the achievements of professional business women in the region.
8
TUESDAY, OCTOBER 7, 2014 HUDDERSFIELD EXAMINER
KIRKLEES BUSINESS NEWS
movers and shakers
Training firm lands a double at Cannes By HENRYK ZIENTEK Business Reporter henryk.zientek@examiner.co.uk
Partnership prospers A networking group is celebrating a year-long partnership. The HD8 Network, founded by Merewyn Sayers has been holding its networking events at the 315 Bar and Restaurant at Lepton – run by Jason Neilson – for the past 12 months. Both are pictured above at the restaurant. The network was launched in April last year to support and promote the HD8 postcode area and started holding networking events in July. At first, the event moved location each month and although there were many benefits to this, some people were getting confused where the next meeting was being held and it was also very time consuming for the organisers. After their first visit to the 315 Bar and Restaurant last October, members agreed to make it
their permanent home. Merewyn said: “The 315 Bar and Restaurant have looked after us very well. It is a great place for a business networking event. It’s an aspirational yet friendly environment and the food has always been amazing”. At each meeting, the group takes part in Speed Networking and enjoy a meal. Jason Neilson, head chef at 315, said: “We are really pleased that the HD8 Network have been holding their meet-ups here each month, it is great that local businesses get together, not just for the HD8 area, but for Huddersfield in general.2 The HD8 Network also operates on social media and via website www. HD8network.co.uk. Said Merewyn: “My aim for the HD8 Network is to be the place to turn to for anyone that works, rests or plays in the area.”
Susan Waterson
UKTI strengthens its team The government body that helps local businesses to explore and thrive in overseas markets has strengthened its regional team with the appointment of a new deputy director. Susan Waterson (pictured) will support the delivery of UK Trade & Investment (UKTI) services across Yorkshire and the Humber in partnership with regional director Mark Robson and a network of international trade advisers. She brings a broad range of experience to UKTI, aided by a Master’s degree in the study of entrepreneurial culture, and having previously worked for the
Department for Work & Pensions, the Department of Education, the Sector Skills Council and local authorities. Ms Waterson has also worked for former regional development agencies Yorkshire Forward and the Welsh Development Agency.
A training and media company based in Huddersfield has been awarded two prestigious gold award at the fifth Cannes Corporate Media and TV Awards held at Palm Beach. Juice Learning wowed the international judging panel in the Human Resources and International Communications categories of the awards with the firm’s corporate film “Where’s Barry” made for client Toyota Motor Manufacturing UK. The world famous awards are sister to the globally renowned Cannes Film Festival. Juice Learning was the only British company to win two gold awards. Juice Learning creates training resources for companies across the UK using theatre, film, e-learning and live workshops. The winning film was directed by creative director and co-founder of Juice Learning Mark Knight. Mark is a former nominee for the Huddersfield Examiner Young Business Person of the Year. Juice Learning was established in 2009 by friends and colleagues from former Holmfirth business Cragrats, which went into administration leaving more than 90 staff unemployed. Realising the opportunity to capitalise and collaborate, Matt Cleve, Morgan Wilson, Claire Awty and Mark Knight created Juice Learning, which this year has turnover approaching £1m and employs more than 20 people – the majority of them living in and around the Huddersfield area.
■■ Juice Learning directors Morgan Wilson (left) and Mark Knight (centre) collect their award in Cannes from awards founder Alexander V Kammel
Commenting on the latest success, Mark said: “This is an important milestone in the development of Juice Learning, successfully competing against corporate filmmakers from across Europe. “Since we established the business back in 2009, in the hope that we could salvage something great from something broken, we have firmly believed that our approach to training makes a real impact on employee engage-
ment, attitudes and behaviours. “This winning film is a perfect example of a client prepared to be a little bit brave in the pursuit of driving home a message in an unforgettable style. “From our base in Huddersfield, we have been able to build relationships across the UK and build a hungry team with a varied and skill set and background. It’s the perfect location for a young, growing company like ours.”
Giles steps down from senior post Senior partner Giles Cliffe has retired after 25 years with Huddersfield acocuntants firm Simpson Wood. Mr Cliffe trained at national practice Binder Hamlyn in Manchester, but after three years joined Simpson Wood at Market Street in 1988. He rose through the ranks to become a partner in 1994 and senior partner in 2005 when incumbent Julian Holdroyd retired. Mr Cliffe was brought up in Crosland Moor and attended Huddersfield New College before gaining a degree in classics at Cambridge University.
He continues to pursue his interest in the subject on holidays in Greece and Italy. A keen Hudersfield Town fan, he plays cricket at Birchencliffe. Following his career in the accountancy profession, he plans to train to become a qualified teacher of English as a foreign language. In another milestone for Simpson Wood, the practice has been incorporated into a limited company called Simpson Wood Ltd. Mark Fielding, who has been a partner at Simpson Wood since 1998, will suxcceed Mr Cliffe as senior partner.
■■ Giles Cliffe (front left) and new senior partner Mark Fielding (front right) with (from left) colleagues Danny McAllister, Craig Stratford, Mike Nicholas, Paul Carson and Neil Duthie
It’s another national prize for Yummy Yorkshire Ice cream company Yummy Yorkshire is celebrating after scooping another national award win – this time for its newly expanded food and drink offering. The Denby Dale ice cream parlour was voted Independent Out-
let of the Year in the Lunch Business Grab & Go Awards, which celebrate success in the eating out of home market. The event highlights people’s culinary tastes alongside the innovations of organisations in the UK. Judges voted Yummy Yorkshire
a winner for growing the business as well as displaying a strong food and drink offering. They also recognised its reputation for innovative and 100% natural flavours. More than 200 people from the food-to-go industry were at the
London Art House to cheer on the winners at the glittering awards ceremony. Louise Holmes, of Yummy Yorkshire, said: “It’s great to receive recognition for our vision of turning the ice cream parlour into an eatery in its own right.”