Hull business editions february 2018

Tuesday Februar y 6 2018

ACCOUNTANTS’ MERGER SHOWS THE VALUE OF STRENGTH IN NUMBERS

NO PANE NO GAIN FOR WINDOW SALESMAN MIKE

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The latest business news at hulldailymail.co.uk

ERGO IS ALL SET FOR GREEN LIGHT CONSTRUCTION OF BUSINESS CENTRE IS NEARING COMPLETION AS COUNCIL IS HANDED THE KEYS

By Henry Saker-Clark henr y.saker-clark@hulldailymail.co.uk

THE construction of an East Yorkshire business centre aimed to support growth in the renewables and green technology sectors is nearing completion.

East Riding Council has been handed the keys to its new business centre at Bridgehead Business Park, with the final phase of work now taking place.

The ÂŁ3.9m ergo centre, being developed with contractor PDR Construction, is targeted at the green energy and environmental technology sectors and will offer flexible office space, conference facilities, an on-site cafĂŠ and parking.

The business centre has been under construction since last summer and is being developed by the council in partnership with the University of Hull. It is anticipated to open its doors in April.

Once the internal fit out is complete, the service from the

centre will be delivered via a collaboration between the council, private sector and the University of Hull.

Amanda Hoggart, business centre manager, said: “Receiving the keys for ergo is an exciting step in this project’s development and means we are fast approaching an official opening, scheduled for June as part

Continued on PAGE 2

From left, Mike Raven, senior project manager, Graham Whitehead, PDR Construction, Amanda Hoggart, business centre manager, Andrew Gilgunn, designer, John Gledhill, PDR Construction, and Trevor Bell, of Tuckers, with the keys to the business centre

Gas firm expands with buyout TWO east Yorkshire gas companies have been bought out by a major regional competitor, as it looks to expand in the area.

Yorkshire-based gas and equipment firm Innergy Group has acquired Goole based firms S&R Gases Ltd and Goole Gas & Welding.

The acquisitions are the third and fourth made by the firm, based in Leeds, in the past 15 months.

Owned and managed by Peter and Stephanie Millard, Goole Gas & Welding started trading in 1999 and has grown to become one of East Yorkshire’s leading suppliers of bottled and industrial gases.

Peter Millard managed the site from 1988 when it was a BOC Centre before taking the opportunity to take ownership of both the site and the business.

He said: “It was important to Stephanie and I to be able to entrust the business, its employees and its customers to a company that shares our customer focus and understands the importance of being a considerate employer. Innergy has the expertise, ambitions and resources to further grow the business, and made this transaction as easy as possible and put together a package which met all of our requirements.�

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Business Ergo all set for the green light Continued from PAGE 1 of activities for Humber Business Week.

“Interest in the business centre is growing and we have now secured ‘Moes Kitchen’ to operate the on-site café, which is an exciting new venture by Hull entrepreneur Dan Robinson, who has previously established Butler Whites, Larkins, Kitchenette No. 6, Paco’s and Milos.

“This development is a key part of the council’s economic vision for the area and will help grow businesses in emerging sectors like renewable energy and environmental technology – strengthening the Humber’s reputation as the UK’s Energy Estuary.”

Bill Walker, director of Strategic Relationships at the University of Hull, said: “The University is delighted to be part of this significant development.

Attracting to the Humber innovative businesses engaged in the low-carbon and renewable energy sectors is a major driver for the region’s future economy.

“Ergo will link brilliantly to other University initiatives in this space enabling a productive partnership that delivers a quality USP for the Humber.”

Work on the new development has been another successful project for the contractor, PDR Construction, which is based in Hessle and has worked on other parts of Bridgehead business park, which is owned and developed by Wykeland.

Nigel Weatherall, commercial director, said: “Working with East Riding of Yorkshire Council, Wykeland and the scheme consultants was a pleasure.

“The clear, decisive and prompt decisionmaking made the scheme easy to build.

Having completed several schemes on the business park the working relationship with Wykeland is going from strength-to-strength.”

As well as capital investment from the council of £1.9m, funding for the project has been secured from the Local Growth Fund, with £1m allocated from the Humber Local Enterprise Partnership, around £710,000 from the Green Port Growth Fund Programme, supported by the Regional Growth Fund, and a financial contribution from the University of Hull.

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Waste firm has vehicle for one-stop collection COMPANY INVESTS IN ITS FLEET IN BID TO CONTINUE BUSINESS GROWTH

The vehicles have been developed for one-stop collections of hazardous materials and will bring environmental benefits

By Henry Saker-Clark henr y.saker-clark@hulldailymail.co.uk

A HULL waste collection specialist has boosted its fleet of vehicles in a bid to simplify waste collection in the garage sector.

The bespoke vehicles have been developed for Hull firm Re: Group as it looks to continue its business growth.

The vehicles have been developed for one-stop collections of hazardous materials and will bring environmental benefits as well as enabling garages to dispose of waste easily and efficiently.

The Hull-based company has developed the units over the past nine months, working with vehicle body designers, and is providing the service through its RE:Claim division.

The vehicles, which carry the slogan One Place For Your Hazardous Waste, have been fitted with two-decker platforms at the rear of 15,000-litre capacity tankers, allowing the carriage of both liquid and solid waste streams.

Re:Group has UKAS accredited laboratories at its Air Street headquarters and provides a range of heating fuel for industry, employing more than 50 staff.

Re:Group managing director Paul Waine said one-stop collection was the future for the industry and would bring envir-

onmental benefits through reducing road miles, as well as simplifying compliance with complex waste disposal tracking and reporting legislation.

“While we have always made a point of ensuring liquid and solid waste collections are timely, we have often had to send two vehicles to a site to complete the job,” he said.

“These innovative new vehicles are very versatile as they can carry different combinations of bulk containers, bins and drums in addition to their three compartment bulk tank, making it very efficient

and straightforward for businesses to get hazardous waste off their premises.”

The firm is offering to collect waste oil in quantities from thousands of litres down to 20 litres, along with other hazardous waste, such as brake fluid, batteries, fluorescent lighting, antifreeze, oily rags, latex gloves and grease tubes.

The service is aimed at all garages, from large chains to one-person operations, and is first available to existing customers in the Yorkshire and Humber region, with the aim of expanding to other areas later

this year. Mr Waine added: “We are providing one place for all hazardous waste and giving customers certainty that it will be dealt with safely and responsibly.”

Oil waste undergoes a recovery process at RE:Claim’s facility on the east bank of the River Hull.

Ultimately, the materials are either recycled back to base oil for reuse or blended into a fuel to recover the energy value and displace the burning of fossil fuels.

RE:Group also deals with waste from the marine and industrial sectors.

Charity can send children to London thanks to support from Hull Trains FUNDRAISING: Colleagues at Hull Trains have raised more than £1,750 and engaged in events for city charity Hull Children’s University.

The charity says that the money raised will enable them to send a class of children from disadvantaged areas of the city to London, for a once-in-alifetime experience.

Hull Trains has arranged and engaged in activities and events in support of the charity across last year, including a summer race night, which raised more than £1,250 and, most recently, £520 was

raised through Hull Trains’ pledge to donate £5 to the HCU for every completed internal employee satisfaction survey that it received.

Over the past year, Hull Trains and HCU have transported more than 1,100 children, more than 36 school classes, to the capital.

Debbie Birch, head of HR at Hull Trains, said: “We selected HCU as our charity partner because of the huge value they bring to the lives of local children and the experiences they give them.

“We have always been

involved in helping to take local children to London on the HCU trips, so it made good sense for us to commit to raising funds and giving them further support.”

Rose James, Partnership Manager at HCU says: “We are so grateful to Hull Trains for their ongoing support for our charity.”

“The staff always go above and beyond to help, whether it be the booking of our London visits, on board the trains or organising events to raise money for us as their chosen charity.”

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Business IN BRIEF

‘Mary’ has started its year-long crossing under the River Humber from Goxhill at a cost of ÂŁ100m

Dave Lewis, left, and Charles Wilson

Hull boss takes helm at Tesco

510-tonne Mary is on her way to meet Paull

RETAIL: Supermarket giant Tesco will hand control of its UK business to Hull-born Charles Wilson, who is set to become the head of the firm’s retail and wholesale division.

The 52-year-old high-flyer is set to take charge of Tesco’s UK business when it completes its merger with Mr Wilson’s current firm, wholesaler Booker Group.

He will head Tesco’s retail and wholesale division in the UK and Ireland after purchasing the cash-and-carry firm for £3.7bn.

Many speculate that his appointment puts in pole position to become chief executive of Tesco when Dave Lewis steps down.

HUMBER TUNNELLING MACHINE HAS STARTED ITS YEAR-LONG CROSSING A MULTI-million-pound tunnelling machine is now burrowing its way under the Humber to Paull following a blessing last week. “Maryâ€?, a 510-tonne, 160m tunnel boringmachine, has started its year-long crossing under the River Humber from Goxhill at a cost of ÂŁ100m.

The impressive machine is being used by the National Grid to create a 5km tunnel under the river for a new gas pipeline.

It has been named after Mary Fergusson, the first female fellow of the Institute of Civil Engineers.

In accordance with tradition, Mary the machine was officially blessed by Grimsby Catholic priest Father Andrew Cole.

At the same time a statue of St Barbara – the patron saint of miners and tunnellers – was placed at the head of the proposed tunnel.

Following the service at Goxhill, Mary has begun her 5km journey across the Humber to Paull, on the North Bank of the river.

It is expected to take around a year before

By Henry Saker-Clark henr y.saker-clark@hulldailymail.co.uk

Mary comes out on dry land in the East Riding village.

A National Grid spokeswoman said: “The tunnelling machine has now been assembled on site and, in the next few weeks, will begin a 5km, year-long journey under the river to emerge on the north bank at Paull. “It will create a 3.65m diameter tunnel as it travels, around 35m below the river bed. “Once the tunnel is finished, a new 42in diameter gas pipeline will be laid inside it to replace an existing one. “The gas pipeline, which currently crosses the river, is laid in a trench just below the river bed, but is at risk of being exposed by shifting tides. “Work has been carried out to keep it buried, but the Humber Pipeline Replacement project offers a long-term solution.�

National Grid has awarded the ÂŁ100m contract to build the tunnel to a joint venture made up of Skanska, PORR Bau GmbH and A. Hak. The work by National Grid is proving a major boost for the Humber economy, with 250 contractors already on site.

National Grid representatives visited primary schools in Goxhill and Paull last summer to introduce the project to pupils and ask for help in naming the machine.

The winning name was chosen by eight-year-old Paull Primary School pupil Kasey Doney.

The giant machine was built in Badem-Wurttemberg in Germany and was shipped via Holland to Immingham Docks.

It was then transported by road along the A160, A180 and A15 in December, ready for assembly at the site in Goxhill.

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Business IN BRIEF

Agency looking for more staff DIGITAL: Hull-based creative digital agency Strawberry is seeking new talent to join its team following a successful year.

Last year saw the agency secure new business with several standout clients and it is now keen to recruit more young talent who can support the business.

As an agency holding both the highly coveted Shopify Plus Partner and Google Partner statuses, Strawberry is renowned for building best-in-class Shopify websites and continued performance management of online sales.

The agency has secured work with a handful of new clients last year, including Susie Ma’s Tropic Skincare, invested in by Lord Alan Sugar on the BBC’s Apprentice, and food delivery giant, Deliveroo.

The firm also has long-standing existing clients such as Yorkshire jewellers Hugh Rice and equestrian retailer R&R Country.

On the back of this regional and national success, the agency is looking to expand its team and develop further outside the region.

Strawberry is advertising for several job roles, including account manager, marketing executive, digital developers and a head of ecommerce.

James Greenwood, joint managing director of Strawberry, pictured, said: “The UK market share of retail sales in eCommerce is rapidly growing, with online retail sales at over £67bn last year, so it’s more important than ever for retailers to get their ecommerce websites up-to-scratch.

“We’re on the hunt for creative people who can think like retailers and use data and insight to implement digital marketing strategies.”

Commercial property expertise across the Humber Region

Directors Sean Maloney, Andrew Steele, Howard Walsh and Andy Jewitt at Walsh and Co’s office in Withernsea

Strength in numbers for accountancy firms COMPANIES LOOK TO THE FUTURE AFTER MERGER A HULL-based accountancy firm has announced plans to expand following a merger with an East Yorkshire-based competitor.

360 Chartered Accountants has announced that the company is merging with Walsh And Co, a Withernsea-based accountants established in 1988.

The chartered accountants, which has three offices around Hull, has grown rapidly since it was founded, in 2011, by director Andy Steele.

He has now decided the take the opportunity to expand further by joining forces with another reputable and well-known firm

“

They have a wealth of experience, which will compliment 360’s expertise Andy Steele

By Henry Saker-Clark henr y.saker-clark@hulldailymail.co.uk

of accountants. Mr Steele says Walsh and Co’s success has been built upon word of mouth referrals and both firms hold excellent customer service and client satisfaction at the forefront of everything they do.

360 Chartered Accountants incorporating Walsh and Co offers additional services due to its increased capacity and resources.

The firm said this should enable it to continue fulfilling its reputation for quality customer service.

As well as offices in Hull, Melton and East Hull, the firm now has an office in Withernsea, convenient for clients in and around the Holderness area, which will continue to operate as usual.

Andy Steele, founder and director of 360 Chartered Accountants, said the Withernsea team will bring a wealth of experience to business to help clients.

He said: “I’m very excited to be welcoming Howard’s team to 360. They have a wealth of experience, which will complement 360’s existing expertise to help both our clients and our clients’ businesses.

“We’re looking forward to the challenge of helping Walsh and Co’s clients prepare for ‘Making Tax Digital’ in 2020 and showing them how we can add value through our ‘360’ approach.”

Howard Walsh, founder of Walsh and Co, also added that the move made sense as the two companies are both modern-think practices.

“I am extremely excited about this new chapter in my career and we are all really looking forward to working with such a great team of people.

“Having known Andy Steele and the 360 team for a number of years now, I sincerely feel that the merger of our two modernthinking practices is going to give the existing Walsh & Co clients another platform of knowledge and experience.”

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RENEWABLE: Humber firm Ørsted has reached full power at its Race Bank Offshore Wind Far m.

The firm started construction on its mammoth Hornsea Project Two offshore wind farm, off the Holderness Coast, last month.

Installation of the wind turbines at Race Bank first began in May last year and following successful completion of the 240-hour acceptance tests of all 91 turbines, and the 200-hour test of the full park, the project is now capable of generating its full capacity.

Race Bank uses Siemens Gamesa 6MW wind turbines and many of these turbines feature the first blades to be manufactured at the Siemens Gamesa blade factory in Hull.

David Summers, project director for Race Bank at Ørsted UK, said: “Full power and 1TW

hour of production are two fantastic milestones and have been achieved by the hard work and dedication of a significant number of people.

“Full power means that Race Bank can now produce enough green energy to power over half a million UK homes.

“Not only have we achieved full power on schedule, but we have also done so safely, without compromising our high standards.

“I now look forward to completing final activities on Race Bank and being able to officially open the project in the summer.”

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Business IN BRIEF

Construction industry growth FORECAST: The construction industry in the region is set for a period of growth, according to a new five-year forecast.

The Construction Industry Training Board’s new five-year forecast suggests that construction in East Yorkshire and the Humber is set for steady growth led by the industrial sector.

The annual Construction Skills Network report forecasts that the region’s overall average construction output will increase by 0.8 per cent between 2018 and 2022.

Output is projected to be just short of its 2004 peak level by 2022, meaning a total of more than 10,000 new construction workers will be needed in Yorkshire and Humber over the next five years.

With a forecast average annual growth rate of 3.9 per cent in output over the five-year period, the industrial sector is likely to see the biggest average percentage increases per annum.

The region’s economy will also be buoyed by infrastructure projects this year, including the development of Hornsea One windfarm and the A63 Castle Street upgrade.

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Boss goes through the logistics of how he built up his firm MANAGING DIRECTOR PROMOTES ‘ENERGY ESTUARY’ TO GROUP OF DUTCH BUSINESS LEADERS

By Henry Saker-Clark henr y.saker-clark@hulldailymail.co.uk

THE managing director of one of the region’s leading logistics firms has promoted the importance of the “energy estuary” as a group of Dutch business leaders was welcomed to the Humber.

An event organised by the Hull and Humber Chamber of Commerce’s International Trade Director, Pauline Wade, for a 15-strong group of visiting business leaders from the Netherlands, saw Peter Aarosin deliver a business masterclass at his Stone House headquarters in Goole.

Mr Aarosin explained how he had built the company from scratch after coming to the UK from Denmark 39 years ago as a trainee in shipping, having turned down a dream job in London to follow his ambition of working for himself.

The Dutch businessmen heard how the logistics company has grown from its core business of chartering, port agency, stevedoring and wind energy projects.

The firm now also has an interest in a road-based logistics business with 100 trucks and 20,000sq m of high-quality warehousing and a Danish company operating 30 ships.

TDL Wind Ltd is working in the growing renewables sector and IPL is an industrial packaging company.

Mr Aarosin is a passionate advocate of the Energy Estuary and the benefits of living and working in the Humber region, having based his company and his life in Goole, the UK’s largest inland port.

The group from the Netherlands were keen to learn about the work of Green Port Hull, and Pauline explained how the initiative was funded by the British Government and had helped to bring the renewables industry to the Humber region.

Siemens had built its turbine blade factory here and it had opened exactly a year ago,

Peter Aarosin and Pauline Wade with Dutch delegates for a business masterclass on behalf of the Hull and Humber Chamber with vessels taking the blades out to the North Sea. It was a major development, which would see work continuing until at least 2030.

The combined Danbrit Holdings group is involved with ships, ports and trucks including seven port terminals in Denmark.

Answering a series of questions from the Dutch delegation, Mr Aarosin said he believes you have to enjoy what you are

doing and have fun every day. Asked what the key factors to his success are, Mr Aarosin said: “You have to be humble, deliver quality and be seen to be reliable.

“You also have to react quickly to a downturn and take action, and you can’t be afraid of change as markets can change quickly”.

He also talked about his long-held ambition for developing an Intermodal Terminal at Goole, a project he has spent a lot of time on and hopes will be a success.

Commuters can save £400 a year by using the bus TRAVEL: New research has revealed that Hull commuters who travel into the city by bus could save more than £400 a year by leaving their cars at home.

The research – carried out by Stagecoach – showed that people who use the bus to commute between Hull Interchange and

Kingswood are on average £427 better off than those travelling to work by car.

In Hull, the average cost of a weekly megarider ticket – which can be used anytime within the local Stagecoach area over a seven day period – is £11.50.

The study showed that

in Hull, bus travel costs are around 45 per cent cheaper than the same commute by car, saving passengers an average of around £37 a month, according to the study.

The latest research by Stagecoach covered around 35 key commuter routes in England, Scotland and Wales.

It compared the weekly price of hopping on the bus with the cost of fuel and car parking for the same jour neys.

Michelle Hargreaves, managing director of Stagecoach East Midlands, said: “This research shows it can still be significantly cheaper to commute to

work by bus rather than car for many people.

“We work hard to deliver high-quality services for the many people who rely on the bus, and our current campaign demonstrates the great value, unlimited travel we offer through our weekly tickets.”

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YOURMONEY M ONEY YOUR POUND NOTES

Budget not b ust

W New boat, round-the-world trip?

No, most pensioners are being cautious with the new freedoms PENSION FREEDOM FIGURES SHOW SAVERS OPERATING RESTRAINT AROUND £1.5 billion-worth of flexible payments were made from pensions to people using the retirement freedoms in the fourth quarter of 2017, HM Revenue and Customs (HMRC) figures show. This compares with around £1.56 billion in the fourth quarter of 2016.

The freedoms were introduced in April 2015 to give over-55s more options over how they use their retirement cash.

Nathan Long, senior pension analyst at Hargreaves Lansdown, says: “Rather than use pensions to splurge on an extravagant Christmas, retirees have operated restraint when managing their pensions.”

‘COLD START TO 2018’ FOR BALANCE TRANSFER DEALS BORROWERS looking to ease the cost of their Christmas debts may find the range of balance transfer card deals on offer is not as competitive as it once was, analysis has found.

Moneyfacts.co.uk says 2018 had seen a ‘cold start’ to the market when it comes to the 0% balance transfer credit card market, with ‘very few’ launches or improvements in the sector.

It says in 2017, there was a much bigger drive to launch or improve on 0% balance transfer offers. £30 JUMP IN AVERAGE MOTOR INSURANCE COSTS THE average cost of motor insurance has jumped by £30 over the past year to reach a new record high of £493, according to insurers.

The Association of British Insurers (ABI), which released the figures, said the average amount paid in the fourth quarter of 2017 for a private comprehensive insurance policy was the highest quarterly figure since it started collecting the data in 2012. It marked a 6% increase on the same quarter in 2016.

FINANCIAL FACT: Across 2017, 931,956 current accounts were switched, according to figures from payments body Bacs, which oversees the current account switch service.

HEN people are looking to get their finances into shape, the first piece of advice they’re often given is: ‘Make a budget’.

Sounds simple enough – but is it really? With many people looking for a fresh financial start for the new year, getting this crucial piece of money management wrong could see them fall at the first hurdle.

So, how can you transform your budgeting skills to get on top of your finances for 2018? Here, Steve Nowottny, news and features editor at MoneySavingExpert.com, shares some expert insights and top tips...

WHY IS MAKING A BUDGET SO IMPORTANT? STEVE says budgets answer fundamental questions. “’Do I spend more than I earn?’, is probably a question that everyone should be able to answer,” he says, adding that there’s an element of being honest with yourself – and it can be an almost “emotional process” to sit down and properly go through your spending.

“Once you’ve got a really accurate budget,” says Steve, “you can do something about it if you do have financial problems.”

WHAT IF DOING A BUDGET JUST SOUNDS TOO COMPLICATED? EVEN if it’s not perfect, doing some kind of budget is important and better than not having one at all.

“While you should do the most accurate budget you can, if that puts you off and you’re daunted, try and do some kind of budget.”

SO HOW CAN I GET STARTED? BREAK spending into chunks. So, rather than just putting ‘travel’, include petrol, motor insurance and maintenance, for example. That way, you’ll get a more realistic picture of exactly where your money is going.

This also makes it easier to do a final ‘sense check’ to make sure each section looks accurate.

Need to start keeping a better check on your spending?

VICKY SHAW gets expert advice

HOW CAN I WORK OUT HOW MUCH I SPEND? RATHER than guessing, physical evidence, like receipts and bank statements, will show the difference between what you think you’re spending and what you’re actually forking out.

Steve says: “If you do that over a couple of months, you will get a feel for what you’re actually spending. It might be you estimate that you spend £400 or £200 on groceries in a month – and then you’ll find over time that actually, you’re not spending that, you’re spending more and you’ve got the receipts to prove it, and therefore you need to adjust your budget accordingly.”

WHAT PITFALLS SHOULD I WATCH OUT FOR? WHILE many people may look at how much they spend over a month – this could mean they miss the big

one-off spends, such as Christmas, holidays or a new car. Steve says bills paid annually, such as home insurance, may also end up getting forgotten about.

“However you do that, you want to make sure that you factor that in,” he says.

HOW OFTEN SHOULD I REVIEW MY BUDGET? JUST as many people hit the gym at this time of year, they’re also going over their finances with the best of intentions. But, says Steve: “If you plan everything at the start of the year, it’s surprising how much things can change.”

Someone may go on a different holiday than planned, their childcare or utility bills could change or they could switch jobs, for example, which could all affect their finances. “If you can do it once a year then brilliant, but if you can do

it more frequently you’ll feel more on top of it.”

WHAT IF I’M WORRIED THAT CUTTING BACK MY SPENDING WILL BE PAINFUL? THE good news is there might be some ‘pain-free’ cutbacks. Steve suggests tackling ways you could be “leaking money” – such as shifting debt to cut borrowing costs ending unused subscriptions and switching to cheaper energy deals.

WHAT IF I DON’T HAVE DEBTS? STEVE stresses that budgeting isn’t just for those who want to sort out debts.

“If you’re doing well, you should still be doing a budget. Firstly, it can eliminate waste and it gives you visibility of your finances,” he says.

“It gives you an idea of what you can afford to do with your money.”

■■For more advice, visit MoneySavingExpert.com

HOW TO... spend smartly on Valentine’s Day MORE than half (56%) of adults spent an average of £27 on Valentine’s gifts, American Express research reveals – 19% of the 2000 people surveyed even showered gifts on their pets.

American Express offers these top tips for avoiding Valentine’s Day overspend: ■■CHOOSE BRUNCH OR LUNCH IF you plan to dine out, the time of day you eat out can influence the bill, so why not go for brunch or lunch instead of the traditional evening meal? Often restaurants have lunch specials and avoiding

peak times guarantees a more intimate setting.

■■MEANINGFUL GIFTS IS your loved one notoriously tricky to buy for? Consider a personalised present – from jewellery engraved with their initials, to a bottle of wine from your anniversary year – a meaningful gift has endless possibilities.

■■SHARE THE LOVE VALENTINE’S Day doesn’t always have to be just for two – so why not organise a group dinner or trip with friends and family? Holding a group

get-together also means you can split the cost between more people – although perhaps check whether your partner is OK with this first.

■■LAST-MINUTE TICKETS FOR a spontaneous date, a lastminute theatre visit could be just the ticket. Often you can get discounted seats on the morning of the performance.

■■POINTS MAKE PRESENTS CHECK how many points you’ve accrued on your credit, charge or loyalty card, as you might be able to redeem them for some gifts.

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Business IN BRIEF

Mike Hastie, of EYG commercial glazing, has taken his chance to rise up the ranks under the watchful eye of manager Tim Hotte, below

Positive year for accountancy firm FINANCE: The Corporate Finance team of Hull-based accountancy and business services firm, Smailes Goldie Group, has announced another positive year in 2017, both in terms of deal numbers and total value.

The firm, with offices covering Hull, the East Riding and North Lincolnshire, has the only locally based corporate finance team that supports the SME market in the area.

In 2017 they appointed Mike Stocks, pictured, as partner, adding to the well-established team of Ian Lamb, managing partner, and Jeremy Allison, head of corporate finance.

This development takes the total number of specialists in the team to five, with Olly Wilkes, manager, and Alex Berridge, senior, also serving the firm’s corporate finance clients.

How Mike grabbed his window of opportunity

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And if your project demands it, we can bring in the support of specialists trades and partners.

Call us now on 01482 614 099 visit: www.kingstownworks.co.uk or email: enquiries@kingstownworks.co.uk

FROM SHOP FLOOR TO BECOMING A KEY MEMBER OF THE SALES TEAM

By Henry Saker-Clark henr y.saker-clark@hulldailymail.co.uk

A YOUNG Hull man, who started out fabricating windows on the factory floor two years ago, has now risen quickly at Hull-firm EYG, smashing targets to total sales more than £1.7m.

Having studied sports science at Bishop Burton College after leaving school, a career with home improvements and commercial glazing specialists EYG was not what Mike Hastie had planned or expected.

But, two years on, thanks to the firm’s training programme and willingness to help young and ambitious people progress, the 23-year-old has become a key part of the commercial sales team.

So much so that he is celebrating having smashed his targets in the last financial year, in which he totalled more than £1.7m sales alone.

“I’ve loved every minute,” he said. “Starting out on the factory floor, as I did, gave me the opportunity to get to know all the products and suppliers inside out, and which are best suited to meet customer needs.

“You also develop a really good sense of what cost savings can be made on difficult jobs, and what options you have on each of the products to make it more attractive to the customer.

“That knowledge is key when negotiating contracts with possible customers, so it is something I have brought with me into sales.

It gave me a good understanding and stood me in good stead.”

Showing an interest to move into business development, Mike was first given the chance to help EYG’s trade department, which supplies windows, doors and conservatories to self-employed installers

and small businesses across the region, working under manager Tim Hotte.

“That was a big culture change, but one I enjoyed,” said Mike.

“I was given a number of trade accounts to manage and it soon became clear to me that relationships were key.

“People want to know the person they are dealing with. They need to have confidence that the person looking after them will supply them the best product and, most importantly, be honest and deliver on their promises.

“Having been given some accounts to oversee I then had to go out and bring in my own business by getting out there, finding the construction projects we could pitch to be involved in, and ensuring EYG’s name was in the frame.

“To be fair, the EYG name is so well known and trusted, it did make things a little easier than if I were at another business.

“We get a lot of repeat business and a lot of recommendations because of our reputation and long-standing in the industry.”

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AWARDS TO HIGHLIGHT THE EDUCATORS, BUILDERS AND INNOVATORS SPARKING FUTURE GROWTH

The pioneering firms powering Humber region’s green revolution

I

t is the most important date in the region’s green power calendar. The Humber Renewables Awards is returning for a seventh year and will recognise success across nine categories, honouring firms large and small for doing their bit to make this area a fulcrum of green energy.

With prizes up for grabs for educators, builders and innovators, the competition promises to reward the best of the best, with the celebration taking place at The Hallmark Hotel, North Ferriby, on Friday, May 11.

The dinner will gather together industry leaders and experts from both sides of the Humber and beyond.

The event is again being sponsored by Siemens, which has seen the first blades produced from its Alexandra Dock facility in the last year, with numerous highlights including a visit from Her Majesty the Queen.

Siemens head of port operations, Barry Denness said that 2017 proved to be an amazing year for the firm, making huge strides in the development of offshore wind farms in the region.

“We have had an amazing year supporting UK City of Culture with the installation of

When The Queen visited the Siemens Alexandra Dock facility

Blade and welcoming Her Majesty The Queen.

“On top of this, Siemens Wind Power and Gamesa merged to form Siemens Gamesa Renewable Energy – a world-leading wind power provider, with an unrivalled global presence and an excellent position in an

attractive growth market. The two companies complement one another almost perfectly and boast a unique product portfolio.

“Race Bank Offshore Wind Farm, off the north Norfolk coast was the first project we delivered from Hull. It has now achieved full power and is capable of powering over half a

Headline sponsor

2018 Enter now at

www.hulldailymail/renewables

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million homes with green energy.

“This really underlines the strength of the UK supply chain to support the growth of offshore wind in this country.”

Mr Denness said that 2017 proved to be a year of firsts, with focus at the Alexandra Dock blade facility firmly on producing turbines for Orsted’s Hornsea Prject One. “Another first, this time for Siemens Gamesa Renewable Energy, was the installation of our 7MW turbines at Walney East, off the coast of Cumbria,” he said. “This has also began to generate power.

“This year, our focus is on Hornsea where we have been selected to deliver 7MW turbines and blades. When Hornsea is fully operational, it is expected to generate enough power for well over 1m homes.

“Our headline sponsorship of the Humber Renewables Awards is part of our commitment to develop the Humber region as a world-class hub for renewable energy.”

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Renewables Awards HUMBER RENEWABLES AWARDS IS ENTERING ITS SEVENTH YEAR AND THE FIELD OF POTENTIAL APPLICANTS IS STRONGER THAN EVER

2018

with

and

In association with

Established Since 1991

M

anaging director of the Hull Daily Mail Mike Pennington highlighted the importance of the Humber is Britain’s drive towards greener energy.

He said: “When these awards started, the idea we could be a world leader in green energy was no more than a pipe dream.

“But in 2018, we are an absolutely key part in Britain’s drive to be a greener nation.

“Our success is due to the efforts of many dedicated businesses, large and small, and we’re looking forward to giving them some well-deserved recognition.”

Over the last 12 months, the region has seen the first wind turbine blades exported from Hull’s Siemens factory, work continue on Spender Group’s innovative £300m Energy Works plant and continued work by Humber-based Orsted on the world-leading Hornsea Project One offshore wind farm.

Mr Pennington thanked all the competition’s sponsors for their support, and said it showed the region was behind their green ambitions.

He said: “Staging these awards would not be possible without the dedicated backing of firms from all industries.

“The companies that are struggling to make green power a profitable and successful field should take heart from their commitment.”

Bailey Bradley, operations director, at sponsors XceCo said: “XceCo are proud to be sponsoring the award for Best renewables project as we want to applaud and bring attention to the risk takers and those who endeavour in industry to bring about change and make our goal of a renewable future, a reality.

“As a new entrant to the community, XceCo, is by definition and innovator in our field, and we as we strive to continue in that mould we want to recognise the spirit of innovation, and kindle the spark of creativity in others.

“Projects can be all consuming, and we are very pleased to be able to shine the spotlight of recognition on one of the most deserving of categories, we applaud the hard work and efforts of all the entries and nominees and wish them all the very best of luck.”

The award nominations are now open and entries must be submitted by Friday April 6. The awards ceremony will be held on Friday, May 11, at the Hallmark Hotel, North Ferriby.

Visit ww.hulldailymail.co.uk/all-about/ renewables to find the full criteria for every award and how to enter.

Below are this year’s awards categories, sponsors and criteria Humber Renewables Small 1 Business of the Year (under 50 employees)

Enter online

www.hulldailymail.co.uk /renewables

■ Category sponsor: Cobus Communications

This category is open to firms with up to

‘The Humber is absolutely a key part in Britain’s drive to be a greener nation’ It could be won by a firm focused on renewables or a company, public sector organisation or educational establishment which has done its bit to reduce our carbon footprint.

Schools, colleges or stately homes with the latest green heating and energy technology are welcome to apply.

in Renewable Skills 3 Excellence and Training

Mike Pennington 50 staff and will recognise those which have spotted an opportunity in the renewables market.

The winner will be able to demonstrate fast growth, a healthy profit and a solid plan for the future.

It could be a company set up solely to work in green energy or a traditional business which has branched out. One of the reasons Siemens decided to invest in Hull was the great green infrastructure the Humber already has.

From small-scale manufacturing to maintenance of turbines or services, there are so many ways to take advantage of the energy revolution.

Best Renewable Energy 2 Project or Installation in the Humber Area ■ Category sponsor: XceCo This prize is for the designers and manufacturers behind the best green energy installations. Judges will be looking for a winning project that produces clean power, is built to the highest of standards and shows off the region’s world-class expertise.

The category is open to schemes of any scale, from multi-million-pound developments to micro-generation programmes.

■ Category sponsor: Arco Multi-national green energy companies may have their eyes on the region but success in bringing them here means nothing if they cannot find qualified East Yorkshire employees.

Getting the training right for any potential workforce is vital and this award will celebrate those organisations which have done most to create a much-needed skills base.

The category is open to employers, specialist centres and education providers.

They must have established a training programme, apprenticeship scheme, degree or other activity which is meeting the needs of individuals and the industry.

4 Renewables Education

■ Category sponsor: Hull College This category will reward the educators who have done most to promote the value of clean power.

It could be as part of an energy qualification or learning programme run by a university of college, or a one-off project at a primary or secondary school.

Nominations will be able to demonstrate what the aims of the education project were, how they were achieved and any feedback from students.

Submissions may also include details of whether, and how, the project was supported by representatives of the renewables industry.

5 Green Innovation

■ Category sponsor: ABP If green energy is ever going to compete with fossil fuels, it needs to bring down

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Enter online at www.hulldailymail.co.uk/renewables

The Siemens Alexandra Dock facility in Hull

Last year’s Renewable Skills and Training winners, Green Port Hull - The Pathway to employment programme

costs – and that is where this award comes in.

It will reward firms of any size which go out of their way to be more efficient and are not afraid to come up with unusual approaches.

Judges will be looking to see how innovation has made a real difference to their work. That could be developing a different business model, refining existing technology to make it leaner and more effective or coming up with a brand new way of generating power.

This award is not just open to energy firms, though. Companies which recycle oil or waste are also welcome to apply, as are businesses in other sectors which have thought up inventive methods of reducing their carbon footprint.

Humber Renewables 6 Medium/ Large Business of the Year (over 50 employees)

Running a major company is tough in any field but an emerging sector like renewable energy is even harder than most.

Business have to be instantly adaptable, on top of the latest technology and ready to make the most of opportunities offered by the Government’s green agenda. This award’s winner will be a regional firm with at least 50 employees and bold ambitions to become even bigger.

It could be looking to capitalise on Siemens’ investment through opportunities on land or at sea, or working in a totally different field.

As the region gears up for Green Port Hull, successful large and medium companies are vital for providing the infrastructure needed. Judges will be looking at past financial performance and recruitment in the past year.

the Community / 7 Engaging Community project

■ Category sponsor: Spencer Group This category will recognise a renewable energy project that has the community at its heart.

This could either be through raising public awareness of renewable energy

needs or involving a local community in a renewables industry project.

Or this could be a renewables project driven by a local community or organisation. This could range from solar panels on a community hall or industrial space taken over with a renewable installation.

in Manufacturing 8 Women and Engineering

This award aims to recognise and celebrate professional women working in the energy sector who go above and beyond business-as-usual.

This may be someone who has consistently demonstrated outstanding leadership, have contributed significantly to the expansion and improvement of the power sector or it could be a young role model who is destined to shape the future of renewable energy.

Alternatively, the entry could be a project or team working to the improvement of the renewables sector.

Renewables 9 Humber Champion

■ Category sponsor: Siemens The winner of this award will have a passionate focus on promoting the renewables industry. It could be an individual, public sector body or company – the key is a real focus on making the Humber the energy estuary.

They will have tirelessly campaigned to promote green power. A worthy winner would be anyone who has helped attract new investment, encouraged the Government to support the region’s ambitions or paved the way for more jobs.

With so many big energy firms based abroad, it could also be an organisation or person who has done their bit to ensure our reputation stretches beyond the UK’s shores.

Judges will be looking for candidates whose aim was not just to further their own business but create opportunities for everyone. This is a special award, and no nominations will be accepted.

Judges will pick a winner they feel is most deserving.

2018 Recognising local businesses, committed to the development of renewable and green energy in the Humber.

Entries now open /renewables Enter your business online today www.hulldailymail in one of the following categories...

• Humber Renewables Champion • Renewables Education • Renewables Innovation • Community Project • Women in Manufacturing & Engineering • Excellence in Renewable Skills and Training Closing date for entries Friday 6 April 2018 | Awards evening Headline sponsor

• Humber Renewables Small Business of the Year (under 50 employees) • Humber Renewables Medium/Large Business of the Year (over 50 employees) • Best Renewable Energy Project or Installation in the Humber area

Friday 11th May 2018 at The Hallmark Hotel, Hull.

In association with

Established Since 1991

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Renewables Awards

IN THE GREEN SPOTLIGHT ...

GUESTS AND WINNERS AT LAST YEAR’S GLITTERING AWARDS

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Tuesday Februar y 13 2018

B MERCHANT C LTD

BREWERY MOVES OUT OF GARDEN TO GET AHEAD

GADGET FIXERS MADE OF THE RIGHT STUF

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The latest business news at hulldailymail.co.uk

SECURITY EXPERTS PLAY IT SAFE WITH @THEDOCK MOVE EXPANDING TECH HUB ACCOMMODATES DEFENCE FIRM’S RAPID GROWTH

By Henry Saker-Clark henr y.saker-clark@hulldailymail.co.uk

From left, Dee Ranawake, community manager at C4DI, Simon Read, UK director of Saab’s Networks and Public Safety business unit and John Gouldthorp, assets manager at Wykeland Group industry sector, with Hull the UK hub for the public safety business unit.

Simon Read, UK director of the unit, said: “When we first came to Hull we looked at various locations

and settled on C4DI because of the sense of community, the buzz and the tech focus. “C4DI has surpassed our expectations. It’s been great. The software developers and engineers love it

here. They love the vibe and the ability to interact with other like-minded people. They’re really engaged in the whole community.

Continued on PAGE 2

START-UP: East Yorkshire has bucked the national trend with more new businesses opening in the county in 2017 than in any other year.

Recently released figures show a significant increase in the number of new businesses established in the region, contrasting the national trend which saw an overall reduction in new company formations.

Figures show that 4,646 new businesses, many of which are in Hull, were registered in the county compared to 4,080 in 2016.

The statistics come from the Inform Direct Review of UK Company Formations using data from Companies House and the Office for National Statistics.

Kingston-upon-Hull formed the most new businesses (2,965). There were 1,677 formed in other parts of the county.

John Korchak, pictured, director of operations at Inform Direct said: “These figures for new company formations during 2017 show that the East Riding continues to be a fertile ground for entrepreneurs and new business ventures.

The results buck the national trend, which saw a reduction in the number of new company formations compared with 2016.�

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GLOBAL defence and security company Saab has expanded its team in Hull with a move to the growing, £15m @TheDock site near Hull’s marina.

Saab has leased a 2,000sq ft office from regeneration company Wykeland Group at the waterfront development to accommodate its rapid growth in the city, buoyed by the support of Hull’s tech community.

The Saab team has moved from the neighbouring Centre for Digital Innovation (C4DI) tech hub, which is the centrepiece of @TheDock.

Saab’s Hull team is focused on SAFE, a cutting-edge system for emergency services organisations and mission-critical operations.

Saab established its UK team for SAFE at C4DI just ten months ago, with a core of nine software developers and engineers.

The team has now expanded to 22 – the majority recruited locally – with plans to grow to up to 50 staff over the next two years.

The second-floor office at No.1 @ TheDock is now Saab’s fifth UK location, each focused on a specific

Firms buck trend with new growth

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Simon Read, right, talks to staff at Saab

Brewery moves out of back garden base to get ahead of the game

Security experts @TheDock move

TWISTED ANGEL IMPROVING QUALITY AND CAPACITY AT NEW SITE

Continued from PAGE 1 “So we didn’t want to leave, but we needed more space. Wykeland has been really good as it has enabled us to move into an adjacent building while remaining very much part of C4DI. “We’re still members of C4DI, we have use of the facilities and we continue to be part of the C4DI community. From our point of view, it’s as if C4DI has expanded.”

With Saab currently recruiting for additional software developers and commissioning and support engineers, Mr Read said the availability of technical talent was a key factor in committing to Hull.

He said: “We’ve been able to find the talent we need in Hull and that has given us the confidence to continue to grow here.

“We’re really selective about the talent we hire and we’ve found that being here has given us a real advantage because lots of software engineers and tech people want to work at C4DI. “It also helps that there’s a very good computer science department at the University of Hull.” @TheDock is one of Hull-based Wykeland’s flagship developments and has been a major catalyst for the growth of Hull’s digital economy and the regeneration of the rapidly evolving Fruit Market quarter.

Wykeland assets manager John Gouldthorp said: “The growth of Saab’s Hull team is really exciting and very positive for Hull’s ever-growing reputation as a tech hotspot.

“We’re delighted we have been able to accommodate Saab’s expansion within @TheDock and retain it as a flagship member of the C4DI community.

“This is just the latest example of @TheDock’s virtuous circle of opportunity, employment and growth.”

Dileepa Ranawake, community manager at C4DI, said: “We’re delighted the Saab team is growing and also choosing to remain part of the @TheDock development, as it is an invaluable member of the C4DI community.

“It’s great to see a household name business like Saab embrace our community and help our smaller software development companies grow.”

In total @TheDock offers 85,000 sq ft of office space and also includes the Stage @ TheDock amphitheatre, created by Wykeland within the historic former Central Dry Dock, and Nibble, a high-quality breakfast, brunch and lunch restaurant.

Plans for further office space on the site are currently being developed.

By Henry Saker-Clark henr y.saker-clark@hulldailymail.co.uk

BEER connoisseurs are toasting an East Yorkshire brewery that has expanded with a relocation from its back garden base to a much larger site at a Beverley industrial estate.

Twisted Angel Brewing is already making a name for its ales in pubs and at festivals across the north of England and head brewer Matt Hall is working to develop quality and capacity after opening at Beckside Court.

Mr Hall worked as a waiter before seizing the chance to develop his interest in growing hops and brewing beer with Brass Castle Brewery near Pocklington.

That was about four years ago but, with a young family, he found the commute too much after Brass Castle moved to Malton, so he set up his own brew kit in the garden of his home at North Newbald.

Twisted Angel began to take shape after Matt renewed his acquaintance with fellow real ale enthusiast Allan Sykes by selling him some brewing equipment. Mr Sykes brought in Barry Wilson and the pair became shareholders.

Mr Hall said: “North Newbald to Malton was such a long commute and I had a dream of setting up a brewery, so I did that in my garden. I purchased some brewing gear from Allan, he introduced me to Barry and, when it emerged I didn’t have enough power to run brew kits in my garden, we decided to find another site.

From left, Matt Hall, Emma Lishman and Barry Wilson at Twisted Angel’s new site “After looking round and having a lot of discussion, we came here. In my younger years I had piercings and listened to heavy music. I wanted a name that stood out so we bounced a few ideas around and Twisted Angel stuck.”

Charlies Parkinson, agency surveyor at Garness Jones, said: “They identified this unit and things moved quite quickly because it was the only suitable property in the area – there is limited stock and high demand.

“This had been used by a company working in the poultry sector and was only vacant for a couple of months before the brewery came in.

“They had to do a fair amount of work to adapt the building for

their brewing needs, but they now have plenty of space in a good location on the edge of a very busy town.”

From launching its first beer, Daywalker Stout, just before Christmas, Twisted Angel now has eight in its portfolio, with more on the way.

Outlets include Chequers in Beverley, The George Hotel and The Whalebone in Hull and the Centurion Arms in Brough, which hosted a soft-launch event recently.

Further afield, Twisted Angel beers can also be found in Middlesbrough, Castleford, Scarborough and Whitby.

Mr Hall said: “We have been at the Hull beer festival for the past two years. We are going to

Hessle beer festival, Beverley and maybe Cottingham and Beertown in Malton.

“There wasn’t a brewery in Beverley when we moved in although one has since set up.

We can do 1,500 pints per brew and we brew three times a week, but can increase that to five times.”

Mr Wilson said: “We are working on finding more outlets and looking to expand into bottles and cans, but we want to get cask and keg out there first and concentrate on making sure the quality of the beer is exceptional. If we do that the beer will sell itself and customers will come to us. We have been under the radar, but we are beginning to emerge now.”

University of Hull to discuss impact of City of Culture CULTURE: The University of Hull is to hold a conference on the impact of Hull’s UK City of Culture year.

The conference, taking place on Thursday, March 15, and Friday, March 16, will explore the results, successes and lessons from Hull’s

year in the spotlight.

Recommendations for future cities of culture and how Hull can capitalise on the year will also be made.

Findings from an extensive evaluation of Hull’s UK City of Culture year will be presented and explored

during the conference.

The report examines the impact of the year across five key areas, including economy; place-making; arts and culture; partnerships and development; and society and well-being.

Led by the University of Hull’s Culture, Place

and Policy Institute, as part of the university’s strategic partnership with Hull 2017, the report includes monitoring and evaluation data with in-depth stakeholder consultations, a residents’ survey and analysis of some of the key projects.

Professor Glenn Burgess, pro vicechancellor at the university and Hull 2017 board member said: “We look forward to unveiling the report and exploring the achievements resulting from Hull’s UK City of Culture year.”

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Business IN BRIEF

Humber Enterprise Park in Brough

Strong interest at the auctions

Hopes Brough park will take off as filming site ENTERPRISE COMPLEX REGISTERS INTEREST WITH AGENCY

By Henry Saker-Clark henr y.saker-clark@hulldailymail.co.uk

AN HISTORIC East Yorkshire business park could be home to the next big blockbuster after registering to be a filming destination with Creative England.

Humber Enterprise Park in Brough could see the arrival of camera crews after successfully registering as a potential film location.

The national not-for-profit agency manages a database of more than 10,000 locations across the country to help filmmakers find the right place for their project.

The park was encouraged to join the database by Chris Hordley, production liaison manager for Creative England for Yorkshire and East Midlands.

He said: “Creative England welcomes the addition of Humber Enterprise Park to our film location database.

“East Yorkshire is a great place to film with an excellent range of interesting buildings and sites and a friendly environment for crews.

“In recent years, Creative England has supported a wide range of high-profile film and TV projects in East Yorkshire, including Victoria (ITV1) Gunpowder (BBC1) A Royal Night Out (Ecosse Films), Love, Lies and Records (BBC1) and Utopia (Channel 4).

“Humber Enterprise Park has a fascinating history and its addition to our location library now gives film and TV producers even more choice in the region.”

The 79-acre business park was originally set-up by aviation pioneer Robert Blackburn in 1916 and today offers industrial and office space for high-flying companies young and old.

After being acquired by Citivale, the park has undergone extensive modernisation and

is now home to a range of businesses, including retail software solutions firm ITIM and ale producers, Crafty Little Brewery.

Images of the recently refurbished office space have also been submitted to the Creative England database alongside photographs of warehouse and factory areas.

James Appleton-Metcalfe, managing director of Citivale, said: “Humber Enterprise Park is an attractive site in a stunning location and we are delighted to have registered with Creative England as a potential filming location.

“It would be very exciting to welcome cast and crew to the park in the future to work alongside the diverse range of businesses that operate there full-time.

“We offer shared social facilities such as a perimeter running track and onsite gym so if James Bond himself decided to pay us a visit, he could keep in shape without having to leave the park.”

Creative England provides free support to productions filming outside of London. Its work on ITV drama Victoria saw the

programme filmed at Beverley Minster.

The historic building doubled as Westminster Abbey for scenes with former Doctor Who star Jenna Coleman, who plays Queen Victoria in the series.

A stellar cast of names, such as Catherine Zeta-Jones, Bill Nighy and Michael Gambon, also filmed in Bridlington when the resort was transformed into the fictional Walmington-on-Sea for the Dad’s Army film.

According to Creative England, film and television production can be a great economic driver regionally.

Films can spend up to £35,000 per day employing local crew and services from hotels, restaurants and taxis to security firms and caterers. A TV drama can have a daily allocation spend of up to £20,000.

An estimated 1,600 new and sustainable jobs will be created when the park is fully developed during the next three years.

For more information about Humber Enterprise Park or to enquire about renting industrial or office space, visit www.humberenterprisepark.co.uk

PROPERTY: East Yorkshire’s property auctions got off to a positive start for 2018 with competitive bidding on a number of significant sales at Auction House’s first event of the year.

Auction House Hull & East Yorkshire’s event on Wednesday, February 7, at The Attractions Restaurant at Beverley Racecourse saw a mix of residential properties, commercial and retail investments scooped up by enthusiastic buyers and investors.

The auction saw ten lots go under the hammer, with two lots sold prior to the event.

The sale included a mixture of vacant and tenanted residential houses and flats from across the region and three commercial premises – a café in Bridlington and two shops in Hull.

The successful auction followed a highly competitive pre-Christmas sale where strong bidding also drove up prices to secure properties.

Simon Dee MRICS, pictured, partner and auctioneer at Auction House, Hull & East Yorkshire, said: “This first auction was a great kick-start to 2018. Here in Hull & East Yorkshire we saw some great successes at our property auctions last year; and the scene is set for another strong year where buyers and sellers are seeing the auction route as a great way to buy and sell.

“Last night’s sale achieved an 84 per cent success rate, which is well above the current national average of 75.7 per cent.”

Lots are now being taken for the next auction, which takes place on Wednesday, April 11. For more information, call Simon Dee on 0845 4009900 or email simon.dee@auctionhouse.co.uk

You’re hired!

JOBS: A recruitment firm with a base in Hull is set to embark on a recruitment drive that will increase staff numbers by 38 per cent, taking the numbers up to 55 by the end of 2018.

Frontline Recruitment, which has offices in Derby, Leicester, Mansfield, Nottingham, Hull and Weymouth, is looking to hire 15 recruitment specialists initially as demand for its staffing solutions escalates and the company experiences record levels of inquiries and people placed into jobs.

Frontline is also looking for a senior recruitment professional to join the company as a national sales manager.

Tony Wilmot, director at Frontline Recruitment, said: “During 2017, we saw permanent placements up 52 per cent and total group revenue up 39 per cent year on year, and so we’re expanding across all our offices to offer an even better service to our clients and candidates.”

4 Wednesday February 14 2018

Business IN BRIEF

Company hits charity target CHARITY: Staff at AAK UK Limited, pictured, the UK’s leading manufacturer and supplier of edible oils have smashed their charity target to raise more than £11,500 for Yorkshire Cancer Research.

Colleagues at the firm, based at Hull’s King George Dock, chose Yorkshire Cancer Research as the company’s Charity of the Year for 2017.

It was a cause close to the hearts of many of the 300 employees, who wanted to devote their year’s fundraising to the charity’s Yorkshire research projects and help for people in the region who have cancer.

The sum raised is almost six times the usual amount collected by staff, who took part in sponsored cycle rides, bake stalls, skydives and endurance challenges.

Rachel Neale, senior marketing manager for AAK’s Foodservice division, said the target last January rapidly grew as it became clear how keen employees were to support the charity.

She said: “A number of colleagues, their families and friends had their lives affected by cancer in 2016.

“Usually we raise £2,000 to £3,000 for our charity of the year. When we asked for nominations for our charity of the year, it was clear that helping people with cancer was a cause close to everyone’s hearts, so we took the plunge and doubled the target to £6,000.

“As soon as it became clear how many activities were being planned, we stretched it further to £10,000. Now generous staff, their friends and families have smashed that target and we’ve been able to give Yorkshire Cancer Research £11,500.”

Office geeks

WORK HABITS: More than half of workers in Yorkshire (51 per cent) admit to being an “office geek” in a new study on office life.

Loving spreadsheets, owning highlighters in at least three different colours and getting enjoyment from labelling things are among the signs you are an office geek.

Other indicators include loving a pen that writes well, having a Pinterest board dedicated to stationery and owning a desk tidy.

Research commissioned by Lyreco, distributor of office supplies and workplace products, with 2,000 office workers found that 84 per cent of self-confessed office geeks are proud to be so.

Helen Moran, Office Category Manager at Lyreco, said: “It appears ‘office geek’ is a badge of honour, with so many people admitting to feeling proud of this title.”

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Changes to legislation accounting for rise in demand for valuations PROPERTY OWNERS MAY FALL FOUL OF REGULATIONS

By Henry Saker-Clark henr y.saker-clark@hulldailymail.co.uk

CHANGES in accounting legislation and rising property activity is driving an increase in demand for valuations, according to a leading firm of chartered surveyors.

Despite the increase in valuations, Colin Garvin, director of professional services at Garness Jones, says that some property owners may unwittingly be falling foul of regulations introduced three years ago by not having valuations done as often as they should.

Sean Maloney, of 360 Chartered Accountants, confirmed that the Financial Reporting Standard (FRS) 102 requires investment properties to be revalued annually, at each reporting date – generally considered to be the end of a financial year.

Mr Garvin added that the changes introduced by FRS 102 could be particularly relevant to investment properties, which are part of a pension portfolio.

Mr Maloney said: “A valuation technique would be expected to arrive at a reliable estimate of the fair value of a property if it reasonably reflects how the market could be expected to price the asset, and if the inputs to the valuation technique reasonably represent market expectations and measures of the risk return factors.

“It is recommended that at each reporting date a company holding investment property engages a professional independent valuer, who has recent experience in the location and class of the investment property being valued, to obtain a valuation that can be reflected in the accounts to give a fair value of the investment property.

“As auditors, where it is applicable, we have seen these requirements and we have requested valuations as part of our audit testing.”

Colin Garvin added that these definitions are close to those of the RICS for market value and the process required by Red Book valuations carried out by RICS Registered

Sean Maloney, of 360 Chartered Accountants, left, and Colin Garvin of Garness Jones Valuers. He said his team at Garness Jones has noticed an increase in valuations, particularly with pensions administrators, over the three years since FRS 102 took effect.

But he added that some people may not be having valuations done as often as they should, and he warned that pensions are not the only factor.

Mr Garvin said: “Requests for valuations are coming from accountants and financial advisers, but it is still likely there are more needed than are actually being done.

“Other benefits to making sure a property’s

valuation is up to date and accurate include business planning and relocation as well as loan security, influencing credit ratings and guide figures for insurance purposes.

“There has been a change in the market in recent years.

“Some values are increasing, properties are generally selling more easily, but the supply is quite restricted because there has not been enough building in the past ten years or so.

“Some people are sitting on old values in their funds, but getting a valuation is a relatively quick process.”

Industrial property in more demand than retail space REAL ESTATE: Industrial property continues to grow as the preferred choice of commercial space in the region’s property market, as retail continues to lag says a new survey.

During the last quarter of 2017 occupier demand for retail space in

Yorkshire and Humber fell for the third consecutive quarter with 23% more respondents reporting a fall in demand, according the latest RICS (Royal Institution of Chartered Surveyors) UK commercial property market survey.

This is the lowest

reading since 2011 and, alongside this, the retail sector was the only area of the market in the region to see an increase in leasable space.

Rents are also expected to decline for retail space in the near term, and this picture is predicted to continue over the next 12 months.

Nevertheless, although rent projections for prime retail space were downgraded from a slightly positive outlook to flat in Q4, the weakness in retail rental values is mostly in secondary retail locations which have slipped further into negative territory.

Meanwhile, even though industrial property continues to be the outperformer in Yorkshire and Humber’s commercial property market, demand during Q4 fell slightly, with 32% more respondents seeing a rise in demand for industrial space (down from 54% in Q3 2017).

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BIG INTERVIEW

IN BRIEF

Offshore wind centre contract

‘We want culture to be important for 20 years’

CONSTRUCTION: A Hull construction firm is undertaking the development of the UK’s largest offshore wind operations and maintenance hub. Ă˜rsted has appointed Sutton-based construction firm Hobson & Porter as the principal contractor for a multi-million-pound extension to its offshore wind operations centre at the Royal Docks in Grimsby.

Based in Hull and working across Yorkshire and Lincolnshire, Hobson & Porter has built a strong and sustainable relationship with Ă˜rsted, with the construction of the new operations centre representing its fifth contract with the global leader in offshore wind.

Matthew Wright, pictured, Ă˜rsted UK managing director, said: “We are delighted to expand our presence in the Humber region even further. “Offshore wind is a major economic engine for the Humber region, and this multi-million-pound investment demonstrates our long-term commitment to the area.â€?

Gary Allen, senior contract manager for Hobson & Porter, said: “Our appointment as principal contractor for the new project with Ă˜rsted in Grimsby is exciting and marks the next phase in our working relationship.â€?

CHAMBER OF COMMERCE PRESIDENT ON HIS LEGACY Phil Ascough reflects on his years of business in the Humber region

By Henry Saker-Clark henr y.saker-clark@hulldailymail.co.uk

IN the past 20 years, Hull has seen a plethora of changes. From the arrival of shopping centres and collapse of iconic stores, the rise of a football team and a subsequent slump.

This change has been inevitable, too, at the Mail where hot ink against a press is no longer a presence in the city.

Twenty years ago, the business editor role was not entirely different. It still involved sitting down with a leading business figure for an interview, although with a few more pennies to go towards lunch.

In 1998, that man was Phil Ascough. He soon left the Mail for the beautiful scenery of Howden, but returned a decade later to set up his own PR firm and become a leader in the Hull and Humber Chamber.

Following his presidential dinner earlier this month, I sat down with him over food and drinks at 1884 Wine and Tapas to recreate his regular business lunch feature and discuss his tenure at the chamber. “My year as chamber president is coming to an end, but I’m by no means leaving the chamber,� he said. “Sally Booker will take over the president role and she will do it for the rest of the year.�

During his time at the regional business group he continued to promote growth on both sides of the Humber and says he will continue to push to make the most of the City of Culture legacy across the region.

He said: “I was leading for the chamber on activities related to the City of Culture. We had to ensure our actions were close to them and we tried, as much as possible, to support the positive work they are doing. “But what we couldn’t do was put up the ÂŁ25k to be a partner or anything like that, so set up and invested into the chamber culture fund which has been a real success. We want to support culture and want to continue it for up to 20 years in the Humber, and hopefully

continue that legacy across the region.�

The Chamber Culture Fund was set up last year, to help continue the City of Culture legacy by allowing individuals or organisations the opportunity to bid for cash to go towards art and culture projects.

Since returning to Hull as a freelance media and PR consultant in 2009, Phil has been involved with the chamber as part of the Hull Area Council and has been trying to support business in the region since. “A lot of the things we have been busy with are the core responsibilities of the chamber – listening to our businesses and bringing them together,� he said. “The main issues for us are simply whatever our members tell us to focus on.

Brexit, for example, is understandably a big deal. “We reflect the views of our members; I have my strong personal views, but our job is to try to ensure that our members are listened to across the board. “We use the surveys and hold events to find out how people want us to act. We have a fantastic chief executive who has been in the job for 22 years and really cares about doing what’s best for Humber businesses.�

In the 20 years since Phil was questioning the likes of Victoria Jackson over a Cerutti’s lunch, a huge amount has changed in the city, and the current president says this positive change has been transfor mative. “Across the region things are looking really good right now,� Mr Ascough said. “There has been a real transformation in the past 20 years. “Looking at hospitality for example, when we did the business lunch 20 years ago we went to Cerutti and I remember going to Skidby Mill and Operetta, but a lot of the fantastic restaurants in Hull, like 1884 Wine and Tapas, have sprung up since then. “It’s a really positive story across the city.

The development work in the city centre has been massive for businesses like this and the regional economy as a whole.�

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6 Wednesday February 14 2018

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Business IN BRIEF

‘Give the north economic forum’ ECONOMY: For mer head of the Civil Service, Lord Kerslake, pictured, has called for a new Northern Economic Forum to take the big decisions on transport, skills and economic development.

In a speech to business leaders at Hull & Humber Chamber of Commerce’s annual dinner, he called for more power to be moved away from Westminster in something “much bigger than just city deals,” a “fundamental change in how Britain is gover ned”.

He also told guests that he had noticed “a recent change in the headlines” about Hull, with the “brilliant success” of the year as City of Culture, reflecting on the £60 million economic boost from 3.5 million visitors.

Condemning the “massive economic imbalance” between the North and the South, Lord Kerslake said more focus was required on deep structural issues in the economy. Stagnant wages, low investment, low productivity, a growing trade imbalance and the yawning economic gap between the North and South,” all need to be addressed, he said.

Business

From left, Richard Hewick,Paul Green and Sean Kay at Stuf Picture: Peter Harbour

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A CITY centre business that has become the first call for people seeking repairs for broken gadgets has completed its fourth move in 11 years – without leaving the street where it started.

The team at Stuf opened up in a small unit underneath Tivoli House in South Street, Hull.

They moved just down the street for more space and two years ago relocated across the road amid reports that their shop would become the reception for a residential development.

Business boomed on the west side of South Street but space was tight, and when Rob Nicklas decided to close Thearne Pet Food Stores to concentrate on his career as a musician, Stuf founders Paul Green and Richard Hewick opted to move from their shop next door.

The two best friends plan to expand their

By Henry Saker-Clark henr y.saker-clark@hulldailymail.co.uk

range of stock and services to make the most of a unit that provides them with five times as much space as their previous premises.

They also predict a bright future for the business, which saw the team reduced to four staff as city centre footfall declined while improvements were made to the public realm.

Mr Hewick said: “We cut back a bit when the public realm works were at their peak, but we’re now seeing a lot more people in the city centre.

“We’re on a main route from the transport interchange to the new Hull Venue. We’re calling it the Golden Gateway.

“We already get a lot of footfall with people heading between St Stephen’s and Princes Quay, and, if the conversion of Tivoli House

to residential goes ahead, we’ll find ourselves with a lot of potential customers living in our street.”

Mr Green said: “We’ve always been the go-to place for people who smash their phones, tablets and laptops, but we also sell a lot of gadgets and, with all the extra space, we’ll be able to do so much more.

“We used to sell remote control helicopters and now we do drones. We still sell remote control cars and planes and all sorts of other things and now we’ll be able to bring in bigger stuff like smart TVs and even mobility scooters.”

Kathryn Shillito, HullBID city centre manager said: “South Street is full of small, independent local traders and it’s easy to see why the guys at Stuf have done so well.

“They’re innovative and hardworking and they have always been very supportive of other city centre businesses.”

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Famous Yorkshire pudding maker is helping homeless RETAIL: Famous Hull brand Aunt Bessie’s has partnered with homeless charity Shelter, for a second year running, to raise funds to help fight bad housing and homelessness.

The family favourite brand has decided to support the charity once more, tying in with

National Yorkshire Pudding Day. The leading frozen food retailer raised £20,000 for the charity through its charitable promotion last year.

This year, it is hoping to double that total by extending the length of the campaign.

Shoppers who buy

packs of Homestyle Yorkshires with the Shelter logo will see 100 per cent of the profit donated to this worthy cause. Aunt Bessie’s is part of the Hull-based William Jackson’s Food Group and its Yorkshire puds are made at its Freightliner Road factory.

Nicola Jackson, brand communications marketing manager at Aunt Bessie’s, said: “The work the charity does is simply fantastic and vitally important to millions of people. As a brand that is built on providing a helping hand, we wanted to do something to support an

issue that is close to our hearts and so, once again, we wanted to do something to help.

“The promotion we ran last year also tied in with National Yorkshire Pudding Day and raised a fantastic £20,000. But this year we have set ourselves the target of doubling this to £40,000.”

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Wednesday February 14 2018 7

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YOURMONEY M ONEY YOUR How you can supercharge your retirement THERE are 1.18 million people aged 65 and over in the workplace across the UK, according to Office for National Statistics (ONS) figures.

If you’re considering working post retirement, there may be secrets lurking in the small print of pension and employment rules that can make flexible retirement far more rewarding.

Sarah Coles, a personal finance analyst at Hargreaves Lansdown, says: “If you’re going to make flexible retirement as profitable as possible, you need to get to know the secrets in the small print that can supercharge your strategy.”

Here are Sarah’s top tips: ■■ Ask your employer to reduce your hours: If you reach 65, give up work, and then go looking for an alternative part-time role, it’s possible you may end up taking on less well-paid work.

A more rewarding alternative could be to talk to your employer about the possibility of reducing your hours.

■■ You could benefit from putting off the state pension: If you are in work at the age when you become eligible for your state pension, you may not need it immediately. You could get a boost from deferring – but weigh up whether this is worthwhile.

■■ There may be gains to be made from putting off taking a defined benefit pension: You’d be forgiven for thinking that as soon as you had accrued the maximum pension allowable in a defined benefit pension scheme, you may as well start drawing it.

However, if you put off taking an income from the pension, most schemes will usually increase the amount payable each year – typically around 8% a year. If you don’t need to start drawing this pension immediately, deferral is worth considering.

■■ A hidden gain when putting off an annuity purchase: If your income from work means you don’t need to buy an annuity immediately, it could leave you better off. Usually, as you get older, you will be offered a higher rate.

When you are shopping for an annuity, it’s also important to declare any health conditions or illnesses you face at that time. It may mean you are entitled to an enhanced annuity.

FOLLOW THESE EXPERT TIPS AND YOU MIGHT NOT HAVE TO SKIMP ON ALL THOSE LITTLE LUXURIES, SAYS VICKY SHAW

Follow our eight top tips and you could be happily planning what to spend all that cash on instead

8 J

PAIN-FREE WAYS TO CUT BILLS AND SAVE IN 2018

ANUARY’S pay packet probably left many people breathing a sigh of relief – but now that your bank balance is looking a little healthier again, how can you keep it on the right track for the whole of 2018?

Cutting back your spending and staying out of the red doesn’t always have to be painful. Here are eight suggestions for how to do it – which might even mean you don’t need to give up making the purchases you enjoy...

In a survey of more than 2,000 adults, one in 10 admitted they’ve taken out separate gadget insurance on items already covered by their contents policy.

Chris King, head of home insurance at comparethemarket. com, says: “It’s always worth checking your contents insurance before making any big purchases, as you may find that you do not need to take out separate insurance to cover your must-have gizmo.

“If you find your gadget isn’t covered by your contents insurance, it’s worth calling your insurer and seeing if this is something that can be added onto your policy.”

cancellation policies though and that you follow them correctly.

5

Switch and you could save on energy bills

HAVE A SPRING CLEAR-OUT BOOST your income by selling items you don’t use and won’t miss on websites such as eBay and Gumtree.

6

MAKE THE MOST OF CASHBACK AND DISCOUNT WEBSITES BEFORE you make a purchase, see if you can make it any cheaper by using a website with a discount code, or one offering cashback on your purchase.

could potentially be £192 per household.

The comparison site’s head of energy, Peter Earl, says: “When fixed tariffs are coming to an end, it CONSIDER SWITCHING MORTGAGES is essential to engage with your MANY home owners are still CUT THE COST sitting on their lenders’ standard supplier, shop OF YOUR DEBTS around and switch SEE IF YOU CAN SAVE ON YOUR variable rate (SVR) – the rate which SEE if you can the mortgage reverts to when a onto the best deal ENERGY BILLS reduce the cost of to avoid being MORE than 100 fixed energy tariff particular deal comes to an end. paying off any Despite the Bank of England base deals are ending or have done rolled onto these debts, such as by rate rise in November, there are still already across the first three months expensive default making a credit PPI claims need to be made many low-rate mortgage deals tariffs. A £200 hike of 2018, comparethemarket.com card balance before August 29, 2019 has also found. available, so switching could in energy costs transfer, for provide you with an instant win and could be highly Its analysis of the fixed tariffs example. damaging to the finances of many potentially save huge amounts of ending in these households and is easily avoidable.” months found money, as for many people, their MAKE A PPI CLAIM mortgage is their biggest outgoing. the average IF YOU’VE been meaning to DITCH UNWANTED SUBSCRIPTIONS make a claim for mis-sold payment increase to IF YOU’RE paying for something protection insurance (PPI), now’s CHECK YOU’RE NOT DOUBLING UP energy bills you don’t use, it’s money down the ARE you paying twice for a the time – as the deadline for claims drain. Check your regular outgoings is August 29, 2019. particular service? As many as 10% and have a cull of anything you’re of adults across the UK may As well as complaining about not getting value from. potentially be paying twice to mis-selling, you can also now claim For example, if you’ve got a gym protect their personal gadgets, the commission a provider earned subscription but you don’t make simply by not checking the terms from the sale of PPI – even if you and conditions within their trips there very often, work out had a previous complaint about contents insurance policies, whether it might be cheaper mis-selling of PPI rejected. research by www.compare Visit fca.org.uk/ppi for more This man will be even more upset when he realises to pay for individual classes.

Make sure you’re aware of themarket.com suggests. information. that he’s doubled up on his gadget insurance

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8 Wednesday February 14 2018

hulldailymail.co.uk

MAI-E01- S4

Business IN BRIEF

Waltham House was built by a pioneer of barcode technology

ÂŁ10bn lost from the economy CONSTRUCTION: The UK economy is missing out on ÂŁ10bn each year because home owners are so fearful of hiring a cowboy builder, they simply do not commission building work, according to new research by the Federation of Master Builders (FMB).

The FMB says that new research shows that one third (32 per cent) of home owners are put off doing major home improvement works requiring a builder because they fear hiring a dodgy one.

Brian Berry, pictured, chief executive of the FMB, said: “A third of home owners are so anxious about the possibility of choosing a bad builder, they don’t commission any building work whatsoever. “This means the UK economy could be missing out on ÂŁ10bn of activity every year.â€?

Barcode building to be given new lease of life PROPERTY BUILT BY TECH PIONEER

2018

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AN OFFICE block, which was built more than 30 years ago by a pioneer of barcode technology, is being given a new lease of life with conversion into a business centre.

Entrepreneur Tony Gartland has bought the building, which he first saw when he fitted the heating system for Kingstown Photocodes, later renamed as KTP. Kingstown Photocodes was founded in 1977 and became the UK’s first manufacturer of barcode film masters.

The company moved to the purpose-built Waltham House, next to the River Hull in Beverley, and built a strong reputation internationally before being sold to US-based Trenstar in 2001.

One of his first jobs will be to repaint the specially-designed, barcode-style staircase in eye-catching black and white.

Mr Gartland said: “The railings were designed to look like barcodes, but, at some point over the years, they’ve all been painted a drab, dark grey. We’ll take them back to barcode black and white.�

Mr Gartland was involved in fitting the heating system for Hull-based Neville Tucker and he remains a director of Neville Tucker Services Limited, which became independent in 2011.

His aim with Waltham House is to take a building which he knows very well and turn the 22,000 square feet of space into a prestigious business centre.

He said: “The building has changed a lot since we fitted that first heating system and it enables us to offer a variety of business accommodation. They added a second office building and then a warehouse with offices. “At the moment it’s about 80 per cent offices and 20 per cent warehousing. There are small and large office suites, call centre configurations, training rooms and presentation equipment, even phones and photocopiers.

By Henry Saker-Clark henr y.saker-clark@hulldailymail.co.uk

“There’s an examination room with a sign on the door requesting silence. “There’s a canteen and several kitchens and much of the furniture is in very good condition.

The conference room can probably accommodate 100 people and there are 64 parking spaces with room to create more. “I always liked Waltham House, from the first time I saw it, and I want it to be a really prestigious site. “I want to spruce it up and turn it into a building where people really want to be rather than just another place to rent.�

Paul White, agency director at Garness Jones, explained that the building was bought by a training charity, Deflog VQ Trust, after KTP moved out.

It was then gifted to East Riding College, which decided to sell because its needs were met by new facilities.

Mr White said: “There is a shortage of good office stock in Beverley, especially with this amount of parking. There is the potential to convert some of it into small industrial units, where there is also a lack of supply. “Tony is very flexible and wants to make it right for his tenants. There is nothing like this in the Beverley area – it has wonderful views across the fields and along the River Hull and it even has berthing rights. “We already have businesses interested and we have had enquiries about gym use, offices and industrial.�

John Doris, vice-principal of finance and resources at East Riding College, said: “When Deflog VQ Trust wound up, it gifted us the building and the land, but we were unable to find a suitable use for it so we sold it and will use the proceeds to further invest in improving education for young people in the East Riding area.�

Tuesday Februar y 20 2018

CLUB COMPANY MOVING TO A DIFFERENT BEAT

HIRE COMPANY TOOLED UP FOR BUSINESS SUCCESS

PAGE 3

PAGE 6

THERE’S NO BUSINESS LIKE TOW BUSINESS PAGE 8

The latest business news at hulldailymail.co.uk

COPS AND SHOPPERS CITY CENTRE PLANS VISIBLE POLICE PRESENCE AT HEART OF REGENERATION STRATEGY

By Henry Saker-Clark henr y.saker-clark@hulldailymail.co.uk

Humberside Police and Crime Commissioner Keith Hunter efficiencies and recruiting more officers with the same budget.

That’s a real achievement.”

Mr Hunter revealed that the number of police officers within the Humberside force had fallen from 2,200 in the year 2008 to a low of just over 1,400 shortly after he took up his post.

But he said that even against a background of continuing government cuts, moves had been made to increase numbers to 1,900 and to refresh the entire senior management team.

He said: “Since 2010 the force has

Continued on PAGE 2

Branding event for marketers A HULL-based family merchandise and branding firm is celebrating its 30th anniversary by launching an event to celebrate the history of Hull.

The Promotion Company, based in Witham, will celebrate its anniversary with the Promote And Prosper event, held at The University of Hull tomorrow.

The firm says this year’s exhibition will be the biggest yet, with special guest speakers and the industry’s top promotional product and branded clothing suppliers, showcasing more than two thousand items.

Angela Oldroyd, of The Promotion Company, said: “This is the third Promote And Prosper event we have organised and I feel especially excited as we are celebrating 30 years of trading in Hull for The Promotion Company.

“We have developed an excellent network of clients and contacts in Hull and East Yorkshire.

“This year’s theme is Hull’s Tardis. It’s a fun way to demonstrate the creative opportunities that are available in our industry.

To register for the event, visit www.eventbrite.com

MAI-E01-S4

THE Humberside Police and Crime Commissioner told city centre businesses that increasing numbers of police officers with higher visibility on the streets is at the heart of his strategy to claim back public areas.

Keith Hunter, who is 21 months into his four-year term as PCC, told a business audience in Hull that the process may take time, but he added it was a vital part of the plan to tackle the causes of crime rather than continue treating the symptoms.

Business representatives wel comed the PCC’s comments. Kathryn Shillito, HullBID city centre manager, organised the presentation at the Holiday Inn Hull Marina as part of HullBID’s series of networking events.

She said: “Crime is always high on the agenda for city centre businesses nationwide, particularly anything to do with anti-social behaviour, and the PCC made it clear that he has a robust and financially-sound policy for dealing with the problems.”

Phil Withers, manager at the Hull office of business consultants RSM UK, said: “There are a lot of synergies between businesses and what the PCC is trying to achieve.

“Facilitating a higher-profile police presence on the streets to reduce antisocial behaviour and aggressive begging is really good to hear, as is the fact that he’s making

The Promotion Company team

2 Wednesday February 21 2018

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MAI-E01- S4

Business

Beat bobbies in business boost Continued from PAGE 1 had a 22 per cent cash reduction in government grant, a cut of 34 per cent in real terms. The force has not just cut the fat, it’s cutting through the muscle and into the bone.

“But we are bucking the trend, recruiting at the greatest rate of any force in the country and achieving the highest proportionate increase.”

Mr Hunter said the force had £30 million in reserves at a time when people said they were not getting a full service.

Even without an increase in funding, his plans were to increase officer numbers by 300, with an increase in council tax taking the total up to 1,900 officers.

He added: “Over five years we still expect the force to deliver efficiency savings of £10 million, with that money being reinvested in staff.

“We are using money to best effect and trying to get additional people onto the streets, because, without that, we can’t have the front-end delivery system to work hand-in-hand with other partners.

“What is needed is a greater police presence. The reality is that uniformed officers and other uniformed representatives of society claim public spaces for law-abiding people.

“If they don’t do that, there’s always a portion of society who will claim it for their own ends. There needs to be a turnaround in terms of perceptions of that uniformed presence, representing law abiding people, occupying that public space again.”

‘Firms may have to look closer to home to fill the void left by EU workers’ LEGAL EMPLOYMENT SPECIALIST’S WARNING OVER LABOUR SHORTAGE WORKERS from the EU may still look to exit the UK pre and post-Brexit, despite recent reassurances from the Government, a legal employment specialist has warned.

Tom Martin, a solicitor with the employment team at one of the region’s largest law firms, Wilkin Chapman solicitors, has highlighted that an increasing number of firms are seeing a labour shortage, despite new transitional policies being issued by the Government.

Assessing the impact of Brexit negotiations on UK employment law, Mr Martin singled out the availability of EU labour as the one of the major concerns.

“Much of UK employment law seems unlikely to change following Brexit. However, there is one key area where it looks to be having a significant impact – and that is the availability of EU labour,” he said.

In a new Brexit briefing document for the agricultural sector, released last week, Environment Secretary Michael Gove pledged the Government’s commitment to seeking a “flexible migration policy overall and post-Brexit” to ensure “access to seasonal agricultural labour”.

Tom Martin, of Wilkin Chapman solicitors

By Henry Saker-Clark henr y.saker-clark@hulldailymail.co.uk

This follows the Government’s preparation of “transitional Brexit provisions”, which look set to allow flexibility of movement at least in the short-term, explained Mr Martin.

He said: “It now seems apparent that, as part of these transitional Brexit provisions, any EU national who currently resides in the UK or arrives pre-March 29, 2019 (the official leave date), will have little problem obtaining permission to stay either temporarily or per manently.

“Therefore, any current EU workers should be able to continue in their employment.

“In the longer term however, it seems as though businesses will likely have reduced access to EU workers, with potentially tighter immigration controls coming into force after leaving the EU.” Mr Martin said UK companies are already starting to see a shortage of EU workers and might have to take immediate action to find workers closer to home who can “fill the void”.

“These will take effect after an ‘implementation period’, during

which the intention is that EU citizens will continue to be allowed to stay and work in the UK,” he said.

“How long this period is, and what the new immigration controls will look like, are unclear.

“Despite these promises and agreements, it is likely that many EU workers will start

looking elsewhere following Brexit. Already companies are seeing a shortage.

“As such, notwithstanding assurances from the Government that nothing needs to be done now and that discussions will continue, companies may, in the long-term, have to look closer to home to fill the void left by EU workers.”

Advertisement feature

GDPR: The truth behind some of the most popular myths

F

riday, May 25, is a date that should be fixed in the minds of almost every business in the land, as the deadline day for GDPR compliance.

But what will be the consequences if a business has not got all its “ducks in a row” in time? There is certainly no room for complacency and if you are a business that has buried your head in the sand, the advice is certainly to take action now.

However, some scare stories have hit the headlines recently, which may have created unnecessary panic among some.

So, what are the myths and the truths behind GDPR? Wilkin Chapman GDPR experts look to dispel some of these myths:

Teresa Thomas, par tner and head of employment at Wilkin Chapman Solicitors

There will be massive fines: It is true that much larger fines could be imposed, however, for SMEs in our region, these large fines will be rare, with a damaged reputation proving more harmful. Also, if a business can show it is taking the necessary steps towards full compliance, it is unlikely it will be “hauled over the coals” if not every box is ticked for May 25.

You can’t prepare until the Information Commissioner’s

Office (ICO) guidance is ready: While further guidance is awaited in some areas, much is already available. You can, and should, start preparing now and take a sensible and paced transition towards compliance.

GDPR will be an unnecessary burden on business: Like any new legislation, it is going to impact on businesses, but it is prudent for any business to get their data houses in order, offering further protection to themselves, their clients and their employees.

All personal data breaches must be reported to the ICO immediately and in full or risk massive fines: Many breaches must be reported within 72 hours of being identified, but it is predicted that the most excessive fines will be saved for

those particularly serious cases.

GDPR won’t apply in the UK after Brexit anyway: YES IT WILL - and do not let anyone tell you differently. It becomes law in the UK on May 25, regardless.

GDPR won’t affect business outside the EU: Businesses operating outside the EU may need to take steps to ensure GDPR compliance if trading with those within the Union.

There is no doubt that GDPR means change, but it is necessary to embrace the regulation and understand the true principles behind its implementation.

■ For further details, call Teresa Thomas on 01482 398398 or email teresa.thomas@wilkinchapman. co.uk

MAI-E01-S4

Wednesday February 21 2018 3

hulldailymail.co.uk

Business IN BRIEF

Firm gets nod for terrorism fight From left Tony Clark, Chris Dimmack, Paul Jackson, Sally Currie and Tony Schultz

SECURITY: Hornsea hostile vehicle mitigation firm Heald have been shortlisted for two awards at the inaugural Counter Terror Business Awards.

The East Yorkshire company has secured nominations in two categories, including Outstanding Contribution to Counter Terrorism and the Perimeter Protection Award.

Heald’s inclusion on the shortlist for these awards comes after it was recently appointed by the New Orleans Office of Homeland Security to secure the historic French Quarter of the city and protect the popular pedestrianised zone, pictured, from potential attacks.

Club’s restructuring secures music future NEW ADELPHI CLUB IS TO BECOME A COMMUNITY INTEREST COMPANY AFTER 34 years at the heart of Hull’s underground music scene, the internationally recognised New Adelphi Club has secured its long-term future by becoming a Community Interest Company (CIC).

The news ensures that the Adelphi’s future profits and assets will continue to be used for the public good, while providing greater opportunities to secure funding in the future.

The business now welcomes a group of voluntary directors who come from a variety of business, enterprise and education capacities and will use their expertise to help the club evolve while keeping its unique ethos alive.

In partnership with the owner, Paul Jackson, the continued work of the club’s board of directors will be key to the Adelphi’s future success.

Tony Schultz, group chairman for the Strata Group and Adelphi director says he will be utilising his engineering expertise and contacts to allow the club to update its facilities. “I hope it helps to make the club more accessible, inclusive and compliant,� he said. “We want to continue to raise its profile, locally and nationally, and, indeed, get the recognition that Paul and the staff deserve. It is iconic.�

The Strata Group is home to some of the most innovative and respected manufacturing, supply and installation companies within the UK. Sally Currie, a qualified accountant with expert knowledge of the arts sector, is responsible for finance and governance as the club’s infrastructure is established.

She said: “I hope that everyone will still enjoy the Adelphi and its eclectic programme of events.

By Henry Saker-Clark henr y.saker-clark@hulldailymail.co.uk

“We invite people to become a member to support the activities of the club. They will get the opportunity to engage directly with the club as it undertakes some exciting projects.�

Tony Clark comes to the board offering strategic business and marketing knowledge, as an account director of one of Yorkshire’s longest established marketing agencies, Sowden & Sowden.

He said: “A place where musical opportunity comes before audience numbers or profit, venues of this nature have always heavily relied on their volunteers. Sowdens have supported the Adelphi for many years now and we look forward to sharing our marketing expertise to deliver a promotional strategy to promote the club, both regionally and nationally, both consumer and corporate.�

Chris Dimmack brings top-level design and industry experience to the board as head of the Hull School of Architecture and has worked behind the scenes at the Adelphi for 25 years. He will generate design proposals of future improvements to the club.

Paul Heaton, a performer synonymous with Hull, regularly played at the club in the 1980s, and Jarvis Cocker have taken on roles as patrons of the venue. “Without this place we would have had half the rehearsals, half the gigs and half the experiences,� he said.

Established by Paul Jackson in an end terrace house on Hull’s De Grey Street in 1984, the Adelphi’s new status sees it follow in the footsteps of other UK music venues such as The Brudenell in Leeds and the Band on the Wall in Manchester.

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4 Wednesday February 21 2018

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MAI-E01- S4

Business IN BRIEF

Kindness rules in workplaces MANAGEMENT: Thoughtful gifts were secretly hidden around Hull and Goole ports last week to celebrate Random Acts of Kindness Day. The four-day campaign ended on a high on Saturday, as staff working on quaysides or in offices were surprised to find golden envelopes containing a thank-you message and a £5 note.

Unbeknown to them, several envelopes have been secretly planted in cranes, machinery and in desk drawers.

It is predicted that around 300 staff and customers were touched by the campaign one way or another, including treats being given out at security gates, colourful plants left on desks and various feel-good quotes placed on mirrors.

The ABP Humber leadership team also got involved in the act as it handed out sweet treats to more than 30 canteens and offices with a handwritten note from each of the 11 managers.

ABP Humber director, Simon Bird, pictured, said: “We’re lucky to have a dedicated workforce of more than 1,050 people across the Humber in various roles, including marine, operations, finance and planning.”

Firm takeover FINANCE: An East Yorkshire financial planning business has been acquired by an international wealth management fir m.

Sanlam UK, wealth manager and part of the international financial service group Sanlam Ltd, has announced that it has acquired Grennan Advisers Ltd, based in Welton.

Grennan Advisers Ltd was launched in 2013 by Stuart Grennan and Helen Chapman and specialises in providing holistic financial planning services for high net worth individuals and business executives.

The deal will see Sanlam UK acquire Grennan Adviser Ltd’s book of clients and £60m of assets under management.

Stuart Grennan and Helen Chapman, chartered financial planners and founders of Grennan Advisers Ltd, said: “From the outset, we were impressed with Sanlam’s client-centric attitude and its desire to provide a truly outcome driven service.

“We have always prided ourselves on delivering a relevant proposition as well as giving clients peace of mind and are delighted that Sanlam will continue with this.”

Hull firms Designs and Sports ID have merged. Left, the team at Designs. Above, Rob Daysley, managing director of Designs

Merging branding firms have designs on growth COMPANIES JOIN FORCES TO OFFER CLIENTS MORE SUPPORT TWO Hull branding and design firms have merged in a move both hope will strengthen their growth in the region.

Vehicle branding, signage and digital print company Designs is to merge with sister firm Sports ID, both based in the Bankside area of the city.

Managing director Rob Daysley launched Designs 25 years ago, growing the business from a sole trader operation to employing 30 people at premises with a 10,000sq ft workshop.

After winning a contract to install all graphics and signage at the KCOM Stadium in 2003, Mr Daysley created Sports ID to focus solely on the sports sector.

Today, its clients include Premier League and European football clubs, rugby league and union sides as well as indoor competitions such as the world darts and snooker championships.

Now, both businesses will operate under

By Henry Saker-Clark henr y.saker-clark@hulldailymail.co.uk

the Designs name, bringing together the two teams to offer all clients more support.

Mr Daysley said: “Our Sports ID customers will continue to work with the same contacts and will benefit from dealing with a larger organisation with more people.

“We will still be providing our excellent service and maintaining the highly reactive way that we work to meet the needs of our sports clients.

“This is a very positive move for Designs also and comes as we celebrate the 25th anniversary of the company this year.”

Designs will continue to offer vehicle livery services, and is also a market leader in signage, carrying out projects in industries including retail, education, commercial and property development The company works across a wide range

of sectors, including retail, education commercial, multi-site firms and property development.

Mr Daysley commissioned an animation from creative communications agency Pace to announce the merger to clients.

He said: “Instead of just sending a letter, I wanted to do something innovative and informative to reassure our customers and answer any questions they may have.

“The animation idea reflects the creativity of Designs and Sports ID and our commitment to excellent customer service and quality.

“It has helped us get across the point that the two companies are better together and we are looking forward to an exciting future working as Designs.”

With in-house digital printing capabilities, Designs has supplied and fitted a wide range of materials for indoor and outdoor use.

Innovative projects up for industry building awards REAL ESTATE: Four of Hull’s most innovative property projects have been shortlisted for prestigious industry accolades at the 2018 RICS (Royal Institute of Chartered Surveyors) Awards Yorkshire and Humber.

The annual awards recognise exemplary

built projects that are positively contributing to the region.

Hull’s new £25m city centre public realm project is in the running for the regeneration award, as well as the community benefit accolade.

The refurbishment of the grade two-listed Hull

New Theatre is also up for the regeneration award after a £16m scheme has allowed for the historic venue to reopen with larger shows.

Meanwhile, the offshore wind turbine blade factory and associated offices for Siemens Gamesa

Renewable Energy Ltd at Alexandra Dock has been shortlisted for the commercial property award.

Lastly, Humberside Fire and Rescue Service’s two new fire station’s – a 24-hour fully staffed station in Hull city centre and a station facility crewed by on-call

firefighters in Brough – are up for the infrastructure award.

Other East Yorkshire projects in the running for RICS awards include Beverley’s £14.4m Willerby and Derringham Flood Alleviation Scheme, and William’s Den, an adventure play barn.

5 MAI-E01-S4

6 Wednesday February 21 2018

IN BRIEF

Be prepared for food inspection FOOD: Goole-based MNA Group Limited is urging businesses within the food manufacturing sector to ensure that they are fully prepared for a new programme of unannounced inspections by the Health and Safety Executive (HSE).

The HSE recently announced that companies and people working in the sector must pay closer attention to how they manage health risks in the workplace.

The new inspections will focus specifically on the two main causes of ill-health in the sector – occupational asthma from exposure to flour dust and musculoskeletal disorders (MSDs), such as lower back pain and upper limb disorders caused by manual handling and repetitive tasks.

Robyn Newman, pictured, of MNA Group Limited said: “Companies must make sure that they’re fully prepared for these inspections, which means doing all they can to protect their employees from these conditions.

“Exposure to flour dust is particularly common in bakeries, cake and biscuit manufacturers and grain mills, while MSDs are the most common work-related illness in the food manufacturing sector.

“It’s simply a case of making sure you have the appropriate control methods in place to minimise the risk to your employees as much as possible.

“For example, people working in environments where they will be exposed to flour dust will need to wear respiratory protective equipment, which has been face fit tested by someone who is fully trained to do so.”

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MAI-E01- S4

MY BUSINESS STORY ‘It took a while to adjust to not having a boss, but I don’t regret it one bit’ SALLY WRAY, OF GOHIRE, SHARES HER BUSINESS STORY

By Henry Saker-Clark

Sally Wray, managing director of tool hire firm GoHire

henr y.saker-clark@hulldailymail.co.uk

AS PART of a new series, in association with For Entrepreneurs Weekly, the Mail is asking questions to some of the region’s most successful entrepreneurs about their business stories.

This week, we have spoken to Sally Wray, managing director of tool hire firm GoHire, which she says combines expert tool knowledge, the latest in tools and equipment, professional repair service, a wide range of power tools, abrasives, blades and safety equipment.

She started the firm three years ago, and earlier this year GoHire was the first independent tool hire company in Hull to achieve the much-coveted SafeHire benchmark and turnover has almost doubled.

Why did you decide to start your own business?

After years of working in the environment of a local authority, I finally decided that I was feeling bored and unfulfilled. Something had to change and I began searching online for businesses for sale.

A couple of weeks later, I saw advertised for sale, a tool hire company in Hawthorn Avenue, Hull. Knowing nothing about tools and the hire industry, but realising there were important changes going on in the local economy and with the potential of the experienced staff already working at the company, I decided to take the plunge.

What are the main differences between running a business and a nine-to-five job?

It did take a while to adjust to not having a boss to go to if I had a problem. And there were some lonely times and sleepless nights during that first year, but I don’t regret it for one minute.

What challenges have you had to overcome to succeed?

I’m really proud of what we have achieved so far but there have certainly been some tough times.

I think, as a young mother of three, coming into a maledominated industry, I raised a few eyebrows.

If men are considered to be the

best chefs and ballet dancers in the world, then it shouldn’t come as such a surprise that women can make the best tool hire shop owners.

How have you recovered from these setbacks?

One thing is for certain, you need a lot of resilience to keep ploughing on through the setbacks and the challenges, but I have a dogged determination that this business is going to succeed and you just have to keep going.

What is your vision for the future of your business?

Our aim for this year is to be the safest and most professional tool hire company in the area. We are a company, where our customers come first and our computer does not say no.

If you were starting again,

what would you do differently?

If I was to rewind a few years, I’d probably tell myself to be tougher and less trusting, but I wear my heart on my sleeve and that’s something that is hard to change and I think sometimes that may have worked in my favour.

What advice would you give to someone who is starting their own business?

If I was to give advice to someone who was thinking about starting out, I would tell them to look at the worst possible scenario and if that’s not certain death and destruction, then just do it!

What are the three key lessons you have learned along the way?

Firstly, take time out to

completely switch off, or you will go insane.

Secondly, be as strong as you can be.

Finally, I’ve learned that some people can mistake “being nice” with being naïve or weak, and might try to pull the wool over your eyes.

What do you find most exciting about running a business in Hull and the East Riding right now?

2017 has been a really exciting time running a business in the city. There’s been so much going on and everyone has been upbeat, you can see the impact the increased prosperity of the city is having on the general mood.

What’s your involvement with FEO? Just as I was starting out in business, I contacted the FEO organisation for some general help and support and it was the best thing I could have done. It makes me feel incredibly proud to come from a city where such an organisation exists.

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Wednesday February 21 2018 7

hulldailymail.co.uk

YOUR MONEY MONEY YOUR udget for B your big trip

Dream holiday or debt nightmare?

AROUND three quarters of us are planning a big trip in the next 12 months, according to a survey by Admiral Loans – but 68% of those surveyed are concerned about how they’ll pay for it.

In fact, 40% admit they’re reliant on credit when it comes to paying for their holiday of a lifetime, while one in six (15%) anticipate taking more than a year to pay off the cost.

Those aged 16-29 feel the most pressure, with one in five (19%) admitting they’ll take more than a year to repay the cost of their trip, compared to just 8% of over-60s.

Scott Cargill, UK chief executive of Admiral Loans, says: “Pressure from children, partners and society in general is making over half of us feel like we need to go on a holiday, but we can’t escape the fact that family holidays are expensive.

“With holiday costs comparing in price to some small and second-hand cars, it’s a financial decision that needs the same level of planning and consideration as any other large purchase.”

Wondering how to best budget for your big trip? Here are Admiral’s top tips: 1. Consider staying in selfcatering accommodation, or renting a holiday home. That way you can use the kitchen to save yourself even more money by making home cooked meals.

2. Start a family piggy bank or savings account and get the whole family involved. Mark your progress each week or month as you save towards your overall target.

3. Sign up for hotel and airline alerts so you can check out special offers or deals which could help bring the cost of your holiday down.

4. Cash in on air miles. If you are part of any loyalty schemes that reward frequent flying or hotel stays, you may be able to trade these in for money off your flights.

5. Set a daily budget. Before you go, workout how much you can afford to spend, and allocate a daily budget to stick to.

6. Sign up for currency rate alerts which will tell you when the currency you need is in your favour giving you more for your hard-earned cash.

Matters of interest D

ID you know that some home owners could be at risk of losing their property for good – because they’ve ignored correspondence from their lender about how they plan to eventually clear their mortgage debt?

Nearly one in five mortgage customers have an interest-only home loan, according to the Financial Conduct Authority (FCA), which is urging people with this type of deal to talk to their lender.

So what are the issues with these deals, and where can you go to for help? Here’s a guide: WHAT ARE INTEREST-ONLY MORTGAGES? UNLIKE the repayment mortgages which are common nowadays, interest-only deals allow you to only

People may have to sell their homes to pay off their debt

Act now to get advice if you have an interest-only mortgage

Ignoring those letters from your mortgage lender? You’ll probably want to read this expert advice then, says VICKY SHAW pay the interest off, rather than paying down the mortgage loan itself. With the money still outstanding, borrowers need to have plans in place for how they eventually plan to pay back the capital – the amount that was borrowed.

WHAT’S THE ISSUE? IF you don’t have a plan in place for repaying the capital, you could be faced with having to find a large amount of cash to pay at the end of your mortgage term – and you may need to sell your home to repay it.

HOW MANY MORTGAGE HOLDERS ARE AFFECTED? THERE are 1.67 million full interest-only and part capital repayment mortgage accounts outstanding in the UK. These represent 17.6% of all outstanding mortgage accounts and, over the next few years, increasing numbers will require repayment. Some people will have adequate plans in place – but others may not.

Interest-only mortgages are expected to mature in a series of three waves. The first one is happening now, but many home owners in the current wave have larger amounts of equity, some

having benefited from house price rises over the decades. The next two peaks in 2027/2028 and 2032 include less affluent people – who could be more at risk of cash shortfalls.

WHAT CAN BORROWERS DO? THE regulator says it’s important for those who haven’t made plans to act now – while there may still be time to improve their situation and a range of options available.

Putting it off for longer could increase the likelihood that borrowers may have to cash-in investments they were hoping to keep in order to keep their property – or in some cases, that borrowers may have to sell their home.

Lenders have been writing to customers before their mortgage matures, but the FCA says customer engagement rates have been low.

Also, the FCA says borrowers should remember it’s their responsibility to pay off the loan, and the earlier they speak to their lender or mortgage adviser, the more time they will have. Some borrowers may even be able to save on interest charges.

WHERE ELSE CAN PEOPLE GO FOR HELP? THE FCA suggests that if you’d

rather talk to someone else first, you can get help or advice from the Money Advice Service (MAS), Citizens Advice (CAB) or other organisations for free.

WHAT OPTIONS COULD THERE BE? TO weigh up their options, borrowers may need to check their latest mortgage statement to see how much they owe and when they are due to repay it.

This will make it easier for borrowers to work out whether they are likely to be able to repay their mortgage in full. Someone on an interest-only deal may be planning to downsize to a smaller property, but it’s still worth making sure they will have enough money to do this.

Possible options to consider may include changing to a repayment mortgage – meaning the payments will go towards clearing the mortgage as well as the interest.

Borrowers may be able to change their mortgage term to allow a move to a repayment mortgage, possibly making the term longer so they have more time to repay what they owe.

WHAT IF I CAN’T AFFORD TO PAY ANY MORE AT THE MOMENT? YOU may be wondering if there is any point in talking to your lender – but the FCA says there may still be affordable options which could still work for for borrowers, such as an interest rate change.

The sooner borrowers talk to their lender, the more time they will have to make some arrangements – before it’s too late.

8 Wednesday February 21 2018

hulldailymail.co.uk

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Business IN BRIEF

Hypnotherapist up for an award BUSINESS: Sheila Granger, who runs an international hypnotherapy training business from her Anlaby home, has been shortlisted in two categories the prestigious Federation of Small Businesses Awards.

The businesswoman is through to the Yorkshire & Humberside regional final in the FSB Yorkshire & Humberside Regional Business Awards 2018, in the Business Exporter of the Year and Business & Product Innovation Award categories.

She will find out whether she has won one or both awards at a ceremony taking place at the John Smith’s Stadium in Huddersfield on Wednesday March 7.

From right, Andrew Royles, of Horizon Global, presenting the recognition document to Glynne Raleigh, of Towone, along with Emma Hardy MP, Simon Hamill, general account manager at Witter and Westfalia, and deputy lord mayor Cllr Pete Allen Picture: Peter Harbour

Towing centre ‘proud’ to win global approval DELIGHT AS FIRM BECOMES SECOND IN UK TO RECEIVE ACCREDITATION

2018

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A HESSLE Road towing centre has become only the second in the UK to win an industry-recognised accreditation.

West Hull and Hessle MP Emma Hardy and deputy lord mayor Pete Allen were among the dignitaries who attended the relaunch of Hull Towone Towing Centre, which was appointed the first Horizon Global-approved service centre in the region.

Towing Centres UK, which runs the Hull towing centre, is the second firm in the country to receive the accreditation, aimed at ensuring consumers are offered the highest level of customer service.

Horizon Global, the world’s leading manufacturer of towbars and towingrelated accessories, has the long-established Witter Towbar Systems and Westfalia Automotive brands within its portfolio, making it the largest manufacturer of towing products.

Glynne Raleigh, director of Hull Towone Towing Centre, said: “We are delighted and very proud to have been selected as the one of the UK’s first Horizon Global Approved Service Centres. “We are one of the largest towbar fitting centres in the region, one of the largest trailer centres in the Yorkshire and Humber region and have carried Witter and Westfalia products since we first opened our doors more than 30 years ago. “We were happy, therefore, to discuss with Andrew the factors they considered make for the best experience when a customer wants a towbar fitting and it was very satisfying to know that we ticked every box.�

Deeside-based Horizon Global has more than 450 fitting outlets nationwide and it has made the decision to select a number across the country to become approved service centres.

By Henry Saker-Clark henr y.saker-clark@hulldailymail.co.uk

Andrew Royles, ecommerce and demand fulfilment manager, said: “As market leaders, we feel it is important that our customers get the best possible experience when purchasing our products. “From the moment they go online and place an order, to the point where they drive out of the service centre with the job completed, we want them to be completely satisfied with the levels of service and expertise that they have received. “The level of sophistication in vehicles introduced in the last ten years has developed to such an extent that fitting a towbar and wiring should only be undertaken by a specialist who has the necessary skillset and equipment.�

Mr Royles said he believes the initiative can help the growth of both companies, and he is pleased that Mr Raleigh was keen to be involved.

He said: “Everyone is looking for increased business and this initiative can only help our mutual growth, as customers can drive away in the knowledge that they have selected the finest products in the market from Witter and Westfalia and be assured that they have had them fitted to the highest possible standard at Hull Towone Towing Centre.� “We are delighted that Glynne has agreed to become an approved service centre, particularly as he is a council member on the NTTA, (the National Trailer and Towing Association) and I know that, together with our Bristol and Deeside centres, it will be the benchmark that our other customers will aspire to and will have to meet to achieve approved centre status.�

Wednesday March 28 2018

UNEMPLOYED NUMBERS ARE ON THE RISE PAGE 2

EARNINGS REPORT FOR REGIONAL ENERGY GIANT

LAUNCH PLANS FOR BUSINESS WEEK EVENT

PAGE 3

PAGE 8

The latest business news at hulldailymail.co.uk

Search for new chief Y Pellets managing director, Neil Holland and head of construction, Manfred Spille, with East Riding of Yorkshire Councillor Andy Burton

BIOMASS BOOSTS LOCAL ECONOMY

MULTI-MILLION-POUND WOOD REFINERY PLANNED FOR TOWN

By Henry Saker-Clark henry.saker-clark@hulldailymail.co.uk

£10m to be spent over the next year alone.

The announcement is part of an ambitious long-term growth strategy, which will see the Y Pellets brand significantly strengthen its international presence within the UK biomass fuel market.

It is anticipated to become one of the largest, private sector, renewable energy investment projects in the country over the forthcoming

months. The new plant is to be built on development land at Goole 36, one of East Yorkshire’s largest and most high profile industrial and distribution enterprise zones.

Y Pellets is currently one of the fastest growing, independent wood pellet brands, nationally delivering bulk-blown, EN Plus standard wood pellets to clients direct from a dedicated 5,000 tonne storage facility at the Port of Goole.

ARC Applied Sciences, which has already constructed and operates an advanced European wood fibre

processing and pellet manufacturing plant in Austria, will build and operate the plant in Goole.

Neil Holland, director of ARC Applied Sciences and managing director of Y Pellets said: “Our vision is to become the leading supplier of premium, high quality biomass wood pellets in the UK and Europe, and the new refinery will enable us to provide the best possible product manufactured from sustainably-sourced wood

Continued on PAGE 2

MAI-E01-S4

A MULTI-million pound renewable energy development is planned for East Yorkshire following the announcement of a new £10m wood refinery.

The plant, which is the first of its kind in the UK, and only the second of its kind to be built in the world, is intended to revolutionise supply to the UK biomass market.

Y Pellets, the Goole-based firm behind the project, says it will provide a boost to the region’s economy and wider Northern Powerhouse growth strategy with

KCOM has announced it has started the process to recruit a new chief executive, with current business chief Bill Halbert announcing his plans to stand down.

KCOM Group PLC says it is keen to swiftly find a replacement for Mr Halbert, pictured, in order to effect a managed succession plan.

The current chief executive will remain with the business while an orderly handover of his responsibilities takes place.

The company board has appointed recruitment advisers to assist it in identifying and reviewing both internal and external candidates for the role.

Mr Halbert first joined the KCOM Group Plc board as a non-executive director in September 2006.

During his 11 years with the group, he has held numerous leadership positions, becoming chief executive in 2014.

Graham Holden, chairman of the firm, said: “Bill has made a significant contribution to the development of the group, particularly since his appointment as executive chairman in 2009.

“On behalf of the board, I would like to thank him for his dedication and commitment to KCOM, and for his continued support in delivering an orderly transition of leadership.”

2 Wednesday February 28 2018

Business

Energy plant to harness power Continued from PAGE 1 and produced by a local workforce.

“This is a massive investment for the UK’s biomass fuel market and the economy in general, both regionally and nationally.

“We’ve already employed the latest distribution technology delivering wood pellets to customers and by constructing the most advanced wood processing facility, we aim to grow our UK presence and continue to establish a market-leading company.

“It’s a huge milestone for the organisation and a vital next step in its commercial growth plans.

“As well as the site, we’re also adopting and incorporating highly innovative, specialist technologies into our process systems, which will allow us to apply a very forward-thinking approach to biomass fuel and raise the bar in terms of quality of product, industry standards and customer service.”

The new wood refinery site is anticipated to be fully operational by 2019 and will significantly increase the organisation’s European manufacturing operations.

Once construction is complete, ten new manufacturing jobs could be initially created within the first year, with additional employment also being created within the supply chain in the short-term during the construction and development stages.

Jake Berry MP, Minister for the Northern Powerhouse and Local Growth, Ministry of Housing, Communities and Local Government, said: “I am delighted by Y Pellets’ decision to invest on the Enterprise Zone site in Goole. This is another example of how the Northern Powerhouse is becoming a much sought after destination for investment and this is positive news for the northern and UK economies.

“The new Y Pellets processing plant is an important boost, not only to the local economy, but to the region and the country and demonstrates that we have the right skills, transport infrastructure, workforce and supply chains on a regional level to help grow the business in a national and international marketplace.”

Councillor Andy Burton, cabinet portfolio holder for economic investment and planning delivery at East Riding council, said: “Y Pellets multi-million-pound investment in a new refinery at Goole 36 is excellent news for the town and for the East Riding economy.

“The ambitious plan would see the expansion of a successful business so it can increase its manufacturing operations in the UK and in Europe, creating new jobs, supporting the construction industry and developing more opportunities for companies operating in the supply chain.”

hulldailymail.co.uk

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Seasonal employment is ‘what we expected’ MORE PEOPLE CLAIMING ARE UNEMPLOYMENT BENEFITS

By Henry Saker-Clark henry.saker-clark@hulldailymail.co.uk

THE number of people claiming unemployment benefits in Hull has increased, but the Department for Work and Pensions in the region says job openings are also on the rise.

The number of people claiming Jobseeker’s Allowance and Universal Credit in the city in January has increased by 145 (2.3 per cent) on the previous month.

Experts from the DWP say that this increase is typical for this time of year, and they would hope to see claimants numbers begin to decrease in the next couple of months.

East Riding has also seen an increase in claimant numbers, rising by 165 people (5.7 per cent).

The number of claimants in the East Riding is also two per cent higher than for January last year, with Hull claimants also increased compared to the same time last year, by around three per cent.

Gill Dillon, employer and partnership manager at the Department for Work and Pensions Yorkshire and Humber, says the increase in claimants is “to be expected” around January, but there are a wide range of vacancies available for jobseekers.

She said: “This month you can see that the number of claimants increased in January, in Hull and East Riding. This is exactly

“

Gill Dillon, employer and partnership manager at the Department for Work and Pensions Yorkshire and Humber

what we would expect this time of year. Seasonal jobs come to an end right now, but we hope that the amount will start to decrease in the next couple of months.

“It doesn’t really reflect the job market, because there are lots of openings at the minute. There are lots of opportunities for anyone looking for employment.”

She said that there are plenty of training and job opportunities for people who are flexible about what jobs they would be happy to take.

I think that people who have a good employment history and have a flexibility about the type of work they are prepared to do, will find lots of suitable opportunities Gill Dillon

Ms Dillon said: “I think that people who have a good employment history and have a flexibility about the type of work they are prepared to do, will find lots of suitable opportunities right now.

“It is not just jobs, as well, as we are helping lots of people into training and apprenticeships.

It’s just important that people understand the variety of support we can offer.”

The January 2018 figures showed a positive picture about youth employment in Hull, with 105 fewer claimants between the age of 18 and 24 in Hull this year compared to 2017.

In East Riding the number of young claimants was reasonably static, with just five more people on unemployment benefits this year.

Nationally, official figures show that the unemployment

rate has remained at 4.4 per cent, with the employment rate at a near-record high of 75.2 per cent.

The recent figures also show that nearly 500,000 more people from a black and minority ethnic background (BAME) have started working since 2015.

Minister for Employment Alok Sharma said: “High employment rates are a reliable feature of today’s economy and this is an incredible achievement. It is equally important that across society everyone has the opportunity to get a good job and get on in life.

“Today’s figures show that this Government is building a fairer economy that supports people from all backgrounds to get into work. We are closing the BAME and gender employment gaps, and people across the country are accessing opportunities.”

Credit union celebrates its new energy-efficient status ENERGY: A Hull financial co-operative is celebrating its new energy-efficient status after installing solar panels, LED lighting and internal insulation as part of a new energysaving partnership.

The 12,000-member Hull and East Yorkshire Credit Union, in Brook Street, Hull city centre,

now has 22 solar panels on its roof, along with new LED lighting and internal insulation in its offices, provided by Co-operative Energy Saving.

The Co-operative Energy Saving initiative

by Co-op Energy aims to help combat climate change by helping individuals, community

groups and small businesses reduce their energy consumption and bills.

John Smith, chief executive of Hull and East Yorkshire Credit Union, said: “The energy savings scheme is a fantastic initiative and made us realise that, even as a relatively small organisation, we can

play an important part in tackling climate change.

“It is an issue that our member-owners are very passionate about.

“We’re very grateful to Co-op Energy for their support in helping us make these changes to how we operate and enabling us to reduce our energy consumption.”

Martin Cook, affiliates manager at Co-op Energy, said: “One of our main goals as a co-operative is to help create a more environmentally-friendly and sustainable world, and working closely with like-minded individuals, communities and organisations is an essential part of this.”

MAI-E01-S4

Wednesday February 28 2018 3

hulldailymail.co.uk

Business IN BRIEF

Drax Power chief executive Andy Koss

Minister visits Humber ports PORTS: The new Shipping Minister Nusrat Ghani, pictured, chose Hull for her first visit to a port, where she saw the importance of the Humber ports to the whole UK economy.

The minister visited the Green Port Hull, the £310m joint investment between the Associated British Ports (ABP) and Siemens, and two new cranes worth £10.5m, which will help the port increase its capacity. This is part of ABP’s £50m investment to more than double its capacity of its two container terminals at Immingham and Hull.

Shipping Minister Nusrat Ghani said: “It’s great to see the Port of Hull investing heavily in expanding and diversifying its business, providing local jobs, but also showing how the maritime sector will flourish post Brexit.�

Pre-tax earning boost for energy giant Drax ANNUAL LOSS REPORTED DUE TO A ONE-OFF ACQUISITION PAYMENT REGIONAL energy giant Drax has announced a 64 per cent jump in pre-tax earnings, boosted by a strong performance from its Yorkshire biomass business.

The company’s power station, between Goole and Selby, is the UK’s biggest single-site renewable generator and the largest decarbonisation project in Europe.

The firm is currently halfway through plans to phase coal completely out of its energy business, with three of six power plant units converted to burn wood pellets.

The company’s earnings before interest, tax, depreciation and amortisation were reported at £229m for the year to the end of December 2017, up from £140m in 2016.

Profits before tax, however, fell, resulting in a loss of ÂŁ183m, which Drax Power chief executive Andy Koss explained was a result of major one-off charges, such as the ÂŁ367m acquisition of Opus Energy, depreciation of assets such as coal and a weak pound affecting material costs.

The growth in the company’s biomass business continues to support jobs at Drax’s £150m Hull biomass handling facility, which enables sustainable biomass to be transported to the Yorkshire power station.

Mr Koss said: “Earnings are up at all three of our businesses; power generation, pellet

“

Earnings are up at all three of our businesses; power generation, pellet production and B2B energy supply were all profitable Andy Koss

By Henry Saker-Clark henry.saker-clark@hulldailymail.co.uk

production and B2B energy supply were all profitable. “We’ve seen positive growth in renewables with a 37 per cent improvement in biomass generation, with 65 per cent of generation now from renewable sources. “With the government support of the fourth unit conversion we can continue this renewables drive profitably. Moving away from coal has really helped us have a strong performance. “If you look at nearby Eggborough, for example, that shows which way that market has been going. Converting to renewables has kept the business alive and really helped us grow.�

Drax has received government support for a fourth biomass unit at the power station, which creates 16 per cent of the UK’s renewable energy, and is exploring plans to gas-power the final two before its selfinflicted 2025 deadline.

The firm’s share price rose as much as 9 per cent following the announcement. The group’s dividend also rose to 12.3p per share and Drax revealed a £50m share buyback programme.

Mr Koss said that yesterday’s announcement was “very positive� for shareholders and will benefit the regional economy. “We are really pleased we got government support for the fourth, and the ports of Immingham and Hull have a key role to play in that,� he said. “Having a fourth unit gives us a lot more certainty around the biomass we are going to need at the station. Our message to shareholders is that we are seeing a strong performance across businesses and this puts us in a strong position to continue to invest.�

Here at Ernest Wilson we have a business to suit every budget!

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T: 0113 238 2900 E: info@ernest-wilson.co.uk W: ernest-wilson.co.uk The Business Centre, Deanhurst Park, Gelderd Road, Gildersome, Leeds, WestYorkshire, LS27 7LG TRIED ANDTRUSTED SINCE 1956

4 Wednesday February 28 2018

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MAI-E01- S4

Business IN BRIEF

Ron Dearing UTC principal Sarah Pashley and APD managing director Mike Isherwood in the school’s boardroom

New supermarket for Victoria Dock RETAIL: A new local supermarket has opened in Victoria Dock, Hull, providing 12 jobs for residents in the area.

The new Endike Premier store, which opened last week with a host of prizes and food on offer, is intended to support the needs of nearby residents.

The former Southbridge Road Spar closed last year, with the couple behind the area’s only convenience store retiring after 26 years.

Neil and Moira Haylock had been running the shop in Southbridge Road, Hull, since 1991, but shut up shop in May last year, marking an end of an era for the community.

The couple started the store when the Victoria Dock development was in its infancy, but, with a number of large residential developments now nearby, the new owners believe it is important to cater for those needs.

Steve Mahoney, store manager of the shop says that Premier has invested in order to provide for residents left without a convenience store following the Spar closure.

He said: “This is a great opportunity for us. Residents here are in need of a new store for everything, whether that’s healthy food or hot food for on-the-go.

“We think it’s important to have the focus on being local. We’ve created 12 jobs with those all going to residents in the area.

“It’s important to have that local store that helps support that community and that’s what we hope offer.”

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Software firm partners with employer-led school APD COMMUNICATIONS AND RON DEARING UNIVERSITY TEAM UP A PIONEERING Hull software firm is driving to develop a new generation of tech talent by supporting Hull’s employer-led school.

APD Communications, a market leader in developing software for emergency services organisations and mission-critical operations, has become a major partner of the Ron Dearing University Technical College (UTC) in Hull city centre.

APD’s support for the school includes sponsorship of the Ron Dearing UTC Boardroom, which has been branded with imagery illustrating the company’s work with blue light services and critical control operations across the UK and abroad.

The branded boardroom also promotes APD’s vision to inspire digital leaders of the future in the city where the business was founded.

Ron Dearing UTC has been established to create a pipeline of talented and work-ready young people with advanced digital and engineering skills.

The school is supported by founding part-

By Henry Saker-Clark henry.saker-clark@hulldailymail.co.uk

ners the University of Hull, KCOM, RB, Siemens Gamesa, Smith & N ephew and Spencer Group, who have been joined by a line-up of other leading local employers, including APD. APD managing director Mike Isherwood said: “We’re proud to be a major partner of Ron Dearing UTC and to support the school’s important mission to develop young people with the digital skills that are so much in demand by local employers.

“We’re huge fans of the school’s employerled model and how the business partners are so heavily involved in shaping the curriculum to ensure students gain the skills, qualifications and practical experience that companies like us really need.

“We have a well-established graduate employment and internship programme with the University of Hull and backing Ron Dearing UTC is the next natural step for us to take in developing and promoting digital

skills in the region.”

Founded by two academics from the University of Hull, APD has developed cutting-edge digital technology in the city for more than 30 years.

APD, based at Newlands Science Park, employs more than 100 staff, mainly software developers who create life-saving software used by the police and other emergency services organisations across the UK. APD marketing executive Jane Cross said: “Our partnership with Ron Dearing UTC enables us to play an active role in inspiring and cultivating the next generation of software developers and engineers – the digital innovators who will drive the region’s economic growth.”

Ron Dearing UTC principal Sarah Pashley said: “We’re delighted to have APD Communications among our major partners and as the sponsor of our boardroom.

“It’s exciting for our students for us to work so closely with a fast-growing company pioneering world-class software solutions right here in Hull.”

City contact centre business deemed ‘one to watch’ AWARDS: A Hull-based contact centre business has been named a “business to watch” by workplace engagement specialist Best Companies for 2018.

ResQ Limited, the Hull and Seaham-based contact centre business has just been awarded “Ones to Watch” status by the organisation.

ResQ employs just

under 900 employees, and has its headquarters in Hull with a further centre in Seaham in the North East of England.

Specialising in inbound and outbound sales and service, ResQ was set up in 2006 to provide honest and transparent outsourced solutions to its clients.

The firm prides itself

on delivering highquality specialist communication services to highly recognised, leading brands in the energy, telecoms, digital and media sectors.

Nic Marshall, CEO for ResQ, said: “This was the first year we invited our employees to take part in the BCI survey and I was really delighted with both the

response levels and the outcome.

“We have seen significant growth over the last couple of years, so we have a real mix of staff who have worked with us for 12 years since we opened our doors as well as some who have joined more recently.

“I believe this is a great indication and reflection

of our culture and values.

“We firmly believe that work should be a great place to be and invest heavily in our people, their training and development and our workplace.

“Our success is 100 per cent driven by our people, our passion and our determination to be the best at what we do.”

5 MAI-E01-S4

6 Wednesday February 28 2018

hulldailymail.co.uk

MAI-E01- S4

Business IN BRIEF

Property expert takes agency job REAL ESTATE: A property professional who has spent more than seven years working for Associated British Ports in the Humber has taken the step into the agency world with Hull-based Garness Jones chartered surveyors.

Zoe Clarvis, pictured, joined ABP as a property assistant after adding a post-graduate diploma from the University College of Estate Management to her psychology degree from the University of Hull.

She gained experience in the surveying side of the business by working on property management, lease renewals, rent reviews, lettings and customer care for businesses ranging from small fish merchants in Grimsby to major international concerns in Immingham and the burgeoning renewables sector.

As agency surveyor at Garness Jones, Ms Clarvis will support the company’s expansion in the office and development sectors as well as in retail and leisure, which is seeing increasing activity as a result of Hull’s City of Culture status.

She said: “I’ve had a great time with ABP, working on a variety of high-level projects. I became aware of Garness Jones through its work in the area and I’m delighted to have the opportunity to join at such an exciting time for businesses in the Humber region.”

Paul White, agency director at Garness Jones, said Zoe will work primarily in the Hull area and will also be involved at sites around the region including Burton Waters near Lincoln and locations as far afield as Doncaster, York and Scarborough.

He added: “We were particularly impressed by Zoe’s knowledge and enthusiasm and her strong background in customer care.

“Her own experience indicates how business in the Humber region is changing with the growth of renewables, a sector in which we are heavily involved working with clients from start-ups to multi-national businesses.”

Innovation manager at Ideal Boilers, Christel Croft, right and her colleague Maria Gillum, who is a senior design engineer

Women urged to take up manufacturing jobs INTEREST IN ENGINEERING OPPORTUNITIES ENCOURAGED WOMEN across the region are being invited to discover new job opportunities in manufacturing and engineering at an event being held as part of a Green Port Hull campaign.

The partnership’s Women into Manufacturing and Engineering (WiME) initiative, which is supported by the Regional Growth Fund, aims to encourage women to choose a career in these industries.

The group is holding its next event at the Guildhall in Hull on Saturday March 10, tying in with WiME’s newly-launched #WomenLikeME campaign, which gives insight and transparency into the variety of jobs available by sharing the stories of local role models.

Around 26 companies will be attending, including regional employers such as Siemens Gamesa and ABP. The growing importance of highlighting the achievements of Women in Manufacturing and Engineering has also been highlighted in

By Henry Saker-Clark henry.saker-clark@hulldailymail.co.uk

this year’s Humber Renewables Awards with its inaugural Women in Manufacturing and Engineering award.

Ideal Boilers’ innovation manager, Christel Croft, is one of the engineers involved in the #WomenLikeME campaign. She started her scientific career aged just 15 and has worked across the UK and Europe specialising in petrochemicals and polymers.

“I have the inspiration provided by WiME to thank for my current role,” she said.

Speaking to Ideal and other firms at the October 2017 event made me realise my skills were transferable across the varying engineering disciplines.

“Engineering contains so many different disciplines. From hands-on skills, to management of projects or teams, there really is something for everyone.”

Beth Marshall, HR manager, UK

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Petrochemicals at BP, said: “We hope that events like this help to, not only promote the engineering and manufacturing sector to women, but inspire them to learn more about the career options available and the opportunities they could discover and be part of in this industry.”

Dave Newborough, UK HR director of WiME award sponsor E.ON said: “We’re really excited to be sponsoring the Women in Manufacturing and Engineering award, which recognises outstanding professional women who are working in the energy industry. As an industry that traditionally struggles to attract women into engineering roles, we’re really passionate about encouraging women in to the energy sector and offering them opportunities to develop their careers.”

The award, aims to recognise and celebrate women working in the energy sector who go above and beyond. Nominations can be made at www.hulldailymail.co.uk

MAI-E01-S4

Wednesday February 28 2018 7

hulldailymail.co.uk

YOUR MONEY What should investors bear in mind about recent market volatility?

MARKET turbulence has recently been hitting the headlines, but what should investors make of it?

While it can be easy to make rushed decisions, Laith Khalaf, a senior analyst at Hargreaves Lansdown, cautions against knee-jerk reactions.

“Don’t throw out your longterm investment strategy on the basis of a few disappointing days on the stock market. If your strategy was sound a week ago, it’s sound today.”

If you’re concerned about market falls, Laith suggests an option could be to drip-feed money into the market via a regular savings plan, thereby investing at different market levels, and buying cheaper shares if prices tumble.

“If you’re looking to take advantage of this year’s Isa allowance before the end of the tax year, you can put money into the 2017/18 tax shelter before April 5 and simply hold it as cash,” he says.

The stock market has been volatile

“You can then drip-feed money into the market over a period of time, without worrying about the end of tax year deadline.”

While you can’t control the stock market, he says you can improve the share of profits you get by keeping investments tax-efficient, such as through Isas.

Meanwhile, Russ Mould, investment director at AJ Bell, says: “One possible technique could be to look at which stock market sectors have done well and which have done badly, to see which areas could now be expensive or overstretched and which are downtrodden and potentially already pricing in a lot of bad news.”

If market gyrations are making you feel uncomfortable, it may be possible you have taken more risk in your portfolio than you really feel comfortable with, he notes.

“It may be worth sitting down and assessing where you do feel comfortable and where you do not, to ensure your portfolio is properly set so that it fits with your overall strategy, target returns, time horizon and appetite for risk.”

You might be screaming too if you took on an extra £750 of financial liability for a saving of just £1 a month

Stocking up on shopping essentials may seem like a good way to save money, but that’s not always the case

Consumers are finding themselves in a false economy with a huge amount of goods going in the bin and cash down the drain

W

HEN it comes to money matters, we all have certain habits, but some things we do – or don’t do – could be making us significantly worse off financially.

The amount of cash being thrown down the drain can be particularly large if the same money mistakes are repeated, week after week.

Some habits may seem like a good idea for saving money – but the reality may turn out to be quite different. Read on to see if you could be making some of these common money mistakes...

1

BULK BUYING TO SAVE MONEY – BUT YOU DON’T USE EVERYTHING PILING goods into your trolley in bulk can be a great way to save cash long-term – but there are also pitfalls to this money-saving tactic.

More than three-quarters (76%) of shoppers are regular bulk-buyers, with toilet paper, baked beans and soap among the popular items to stock up on, research from TopCashback.co.uk has found.

But while 86% of bulk-buyers say they stock up in a bid to save cash, nearly one in five (19%) admit they don’t end up using all the items they bought in bulk – perhaps because they went out of date, or didn’t have enough room to store them.

One in 12 (8%) bulk-buyers believe their habit actually makes them financially worse off.

As Natasha Rachel Smith, TopCashback’s consumer affairs editor, says: “Consumers are finding themselves in a false economy with a huge amount of goods going in the bin and cash down the drain.”

2

NOT CHECKING THE CUPBOARDS BEFORE YOU HEAD TO THE SHOPS MORE than a quarter (26%) of people say they bulk-buy without checking their supply levels at home first, the TopCashback research also

Natasha Rachel Smith, consumer affairs editor at TopCashback

Is it time to change your financial ways? money towards reaching a You may think your ‘sensible’ habits are the savings goal instead.

A LOYAL CUSTOMER helping to save you money, but you may 5BEING LOYALTY doesn’t necessarily when it comes to essential need to reconsider, says VICKY SHAW pay services – in fact it could cost nearly found. This can increase the chances of being wooed by ‘special offers’ you don’t really need.

Nearly a third (31%) admit buying items they only think they will need because they are on offer, and 3% buy items they do not need at all.

3

£12 cheaper than a policy with a £250 voluntary excess.

This means someone could end up taking on up to £750 of additional financial liability for a saving of just £1 a month.

Rod Jones, an insurance expert at uSwitch, says: “While many think opting for a policy with a higher level of excess will save them money, drivers should ask themselves if an additional risk of £750 is really worth an average saving of just £1 a month.”

OPTING FOR A HIGHER EXCESS WHEN CHOOSING CAR INSURANCE WHEN choosing a car insurance deal, some people may decide to go for a higher excess – the amount you will pay towards any claims you make on your policy – in order to get USING SOCIAL MEDIA FOR a cheaper deal, but is this worth it?

INSPIRATION – ONLY TO REGRET IT Comparison website uSwitch.com IT’S great to get inspiration from found the average car insurance quote for drivers opting for a £1,000 others, but it can lead to costly voluntary excess is £318 a year – just shopping regrets for some. Nearly a quarter (24%) of social media users have made a purchase as a direct Social result of something they spotted on media somebody’s feed, spending an inspiration average of £318 per year, Post Office can lead Money found. to buyer’s Men spend an average of £438 a regret year, compared with £230 for women. But two-thirds (65%) admit they ended up regretting what they bought, with 37% wishing they’d put

4

£1,000 per year.

Research from Citizens Advice found charging loyal customers more than new ones for the same service can often happen with energy, mobile, broadband, home insurance, fixed-rate mortgages and savings accounts. Its analysis suggests customers who stay loyal to their essential service providers could be paying £987 more per year – equivalent to four months’ worth of food for the average household.

6

STICKING WITH FAMILIAR NAMES WHEN IT COMES TO YOUR SAVINGS IF YOU’RE looking for somewhere to put your savings cash, competition this year has been particularly strong so far among ‘challenger’ banks, according to website Moneyfacts.co.uk.

While some newer banks may not be that familiar, you may find you can get a better savings rate.

Rachel Springall, a finance expert at Moneyfacts.co.uk, says brands such as ICICI Bank, Paragon Bank, Ford Money and Tesco Bank are among those offering competitive savings deals.

8 Wednesday February 28 2018

hulldailymail.co.uk

MAI-E01- S4

Business IN BRIEF

Charles Eales, of Microsoft, and Rachel Mellors, of KCOM

KCOM partners with Microsoft IT: Businesses in Hull and the East Riding can now benefit from Microsoft’s global expertise combined with KCOM’s local knowledge and support network.

Communications provider KCOM has strengthened its partnership with Microsoft to provide Office 365 as part of its service offering, cementing the Hull company’s position as the region’s go-to expert in cloud-based IT solutions.

Rachel Mellors, KCOM’s head of sales and operations, said: “We are delighted to be now able to offer Office 365 to businesses in Hull and East Yorkshire. “This demonstrates Microsoft’s confidence in KCOM to deliver its world-leading Cloud-based software.�

Delegates at a Humber Business Week event last year

New launch event for Humber Business Week PRELIMINARY MEETING WILL RAISE PROFILE OF ‘NON-HEADLINE’ TALKS

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IT HAS been announced that the 2018 Humber Business Week programme will be officially launched at a special event a month before it swings into action for its 15th year.

For the first time, a preview night is being held ahead of the business event to provide the opportunity to attract more delegates in advance.

The event will also provide the opportunity for those going to the event to prepare and get their diaries in check.

Kath Lavery, chair of Humber Business Week, says the launch event, which will be held at the University of Hull on May 1, is aimed at helping all who take part make the most of the opportunity the week, which takes place from June 4 to 8.

She said: “Each and every year a vast section of the Humber business community rings the first full week of their diaries in June for Humber Business Week as they know it is a week when they can benefit hugely from taking part, whether that be through staging an event or by attending. “Year after year we are amazed at the quality of events, the speakers taking part and the incredible knowledge and information being shared to benefit businesses across our region and for 2018 we wanted to ensure we could add to that. “However, one of the issues in years gone by has been that our smaller event holders – some of which have, in previous years, proved to be the gems of the week – have found it difficult to attract people when in competition with the bigger, annual headline events.�

Ms Lavery says the launch event should allow everyone to “get more out of Humber Business Week� this year.

She said: “While we, of course, want to see those headline events packed again this

By Henry Saker-Clark henry.saker-clark@hulldailymail.co.uk

year, we wanted to showcase the wide range of options available to people, on both banks of the Humber, ideally, in advance of the week. The launch event will be a great chance to do that. “We believe staging a launch night, where people can speak to event holders in advance can help everybody get a bit more out of Business Week this year. Our aim is to have the strongest programme yet established and confirmed.�

With the new launch night confirmed, a strict deadline has been imposed for event holders to have submitted all details required to be included on the Business Week programme by Friday, April 13.

Events already scheduled to return in 2018 include the traditional Hull Bondholders breakfast to launch the week, the Institute of Directors Humber luncheon, Hull and Humber Chamber Expo and The Business Day event on the final Friday at Bridlington Spa. Big name speakers have already been confirmed for at either end of the week long programme, with Olympic gold medallist Sally Gunnell guest speaker at the Institute of Directors’ Humber luncheon on Monday, June 4, at the KCOM Stadium.

Actress, former model and author and activist Joanna Lumley is headline speaker at The Business Day at Bridlington Spa, where cricketing legend Geoffrey Boycott and Josh Littlejohn MB will also speak.

Humber Business Week is again supported by the Humber LEP and The University of Hull, brought together by a Steering Group of local business representatives. â– To reserve a place at the 2018 Humber Business Week Launch, call Lindsey Nicklin on 01482 464963.