summer 22 business bulletin Bringing you the latest developments, breaking news and exclusive updates from Entrepreneurs' Forum members… A game-changing deal for ION, the move will see both companies collaborate to accelerate cash collection for mid-market organisations through the implementation of ultra-modern financial infrastructure and technologies.
Rob Young, Governor at HMP Low Newton; Beverley Toone, New Futures Network; Ian Baggett, Founder CEO of Adderstone Group, and Chair of HMP Northumberland and Low Newton Employment Advisory Boards (EABs). Adderstone Group CEO to chair board helping prison-leavers back into employment Adderstone Group's Founder CEO and former North East Entrepreneur of the Year, Ian Baggett, will chair the HMP Northumberland and HMP Low Newton Employment Advisory Boards (EABs) – an initiative designed to welcome prison-leavers back into sustainable employment. A Ministry of Justice backed scheme, the EABs connects HMPs with business networks across their region, helping prison-leavers to secure paid work and enabling businesses to grow their workforce. Ian expressed his delight at the scheme that’s changing lives, "Recruiting ex-offenders might not be a classic HR strategy but the evidence does stack up. Everyone needs a job and a purpose in life. Our day job is regenerating and enhancing built environments, so why wouldn't we do our bit to help safeguard communities too? It's unbelievably rewarding to watch someone thrive on the back of a second chance. I'd encourage employers across the region to get involved and not just out of social responsibility. The vast majority of ex-offenders are extremely loyal, productive and hardworking, so it makes great business sense." Game-changing partnership between ION and Stripe confirmed Newcastle based FinTech company, ION, has recently announced they have joined Stripe’s Partner Ecosystem (SPE) to become a strategic partner. Stripe, a leading global technology company that builds payments infrastructure for internet usage, has appointed ION as
a strategic partner for billing implementation in the UK - a move that will see the company supply fully integrated payment and billing infrastructure to mid-market businesses. Stripe currently offers over 135 currencies and dozens of payment methods, automated billing, revenue recognition and global tax calculations covering 35+ countries.
Ringtons capitalise on soaring biscuit boom to record a 10% rise in turnover Surging sales in tea and biscuits have resulted in a promising 10% lift in turnover at local tea manufacturer, Ringtons. A North East institution that celebrates its 115th anniversary this year, Ringtons recently published their end of year accounts detailing how the family firm has bounced back from the pandemic as sales exceeded pre-covid levels. Looking to the future, the Byker-based business is beginning to modify its operation for greener, more sustainable technologies having purchased two electric delivery vehicles in 2021. Ringtons have their eyes firmly set on capitalising on their strong financial footing with the implementation of eco-friendly operations. The Lakes Distillery named World's Best Single Malt Whisky The likes of Glenmorangie, Bunnahabhain, Aberlour and Kavalan will be looking over their shoulders after Cumbria-based business, The Lakes Distillery, was awarded the World’s Best Single Malt Whisky at the Whisky Magazine Awards. Situated near Bassenthwaite Lake, Keswick, The Lakes Distillery claimed the top prize after an expert panel placed their Whiskymaker’s Reserve No.4 top of the class - no surprise,
given this particular drop is renowned amongst aficionados for its rich manuka honey notes and velvety blend of rich spices. It’s a huge result that places the North of England on the nose of whisky connoisseurs across the globe.
Robson Laidler Accountants play pivotal role in launching luxury hillside huts in rural Northumberland Advisers at Robson Laidler Accountants have helped realise a married couple’s luxury venture with the completion of four high-end staycation experiences situated in a half acre of luscious woodland. Having forged a career organising safaris to Africa and the Indian Ocean Islands, Phillip Gregory and his wife Fiona, set their sights on creating a brand new luxury glamping concept using recycled materials and locallysourced products, yet needed the expertise of RLA to guide the project through building requirements and the financial uncertainty of the pandemic. Throughout the project Robson Laidler provided Philip with cash flow forecasts, budget analysis and regular business coaching, all of which allowed him to release his personal investment for the couple’s dream to soar.
