SUBS programme helps over 150 local businesses get back on track after pandemic

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Leicestershire Business Gateway’s Start-Up Business Support programme (SUBS) has so far supported over 150 small local businesses to get back on track after COVID forced them to put their plans on hold during the prolonged lockdowns. The programme was commissioned by the Business Gateway specifically to support any business that had launched in 2018 or after and been interrupted by COVID. The support sessions were delivered by partners NBV, Leicester Start-Ups, So Very Creative and Incrementa. They covered areas such as mentoring, digital marketing, business planning, innovation and product development. Sonia Baigent, chair of the Business Gateway Board, said: “Everything the Business Gateway does is designed to support Leicestershire small businesses and it’s fantastic to see that this programme really made a big difference to all the people who took part.  We’re grateful also to our partners who did such a good job of rebuilding hope and direction among these businesses.” Mandeep Nagra of Pay iO, who took part in the Leicester Start-Up Accelerator programme, said: “The programme helped us to define a business strategy by using start-up fundamentals. The entire team and mentors gave great advice because they have been there and done it. The Accelerator helped define our journey.” Neel Thakrar and Dhruvesh Ranpura of Tuck added: “The programme really benefitted us and accelerated our growth. Our personal experience was great as we also were successful on the demo day and subsequently received our first funding.” John Mitchell of Credit Recovery UK attended the SmartUp Programme delivered by So Very Creative: “Ben’s approach to the subject has been like having a light shone into the darkness, I really didn’t have an understanding of this technology. As it is now so important to compete in this area with our competitors, I knew I would be struggling. I’m in my fifties now and this is the first time I feel comfortable with Digital Marketing.”
Beryl Pettit
Beryl Pettit of provider NBV concluded: “The 3-day Gearing for Growth programme really gave the attendees the space to think about the issues they are facing and the actions they needed to take to change things. As a trainer, it was rewarding to see them face their business challenges with renewed enthusiasm and focus, and a clear plan of action.”

Midlands sees softer rise in permanent placements in January

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The latest KPMG and REC, UK Report on Jobs: Midlands highlighted a further increase in the number of permanent staff appointments during January. Though softening to the weakest for four months, the rate of increase remained marked as companies continued to hire amid a sustained increase in demand for staff. Temp billings also continued to rise, and at a faster rate as the rate of increase rose to the quickest since last August. Demand and supply mismatches continued during January however, as the strongest fall in permanent staff availability for three months coincided with a further robust upturn in vacancies. The report is compiled by IHS Markit from responses to questionnaires sent to around 100 recruitment and employment consultancies in the Midlands. Permanent staff appointments rise at softer pace The number of permanent placements across the Midlands rose for the eleventh consecutive month in January. The rate of increase softened from the previous survey period and was the slowest since September. That said, the rise remained marked overall. According to anecdotal evidence, companies kept up hiring amid stronger demand for staff. Across the four monitored English regions, the Midlands saw the second-slowest upturn in January, ahead of the North of England. As has been the case in each of the last 19 months, temp billings in the Midlands rose during January. The rate of increase was rapid, and the quickest recorded since August. Firms generally commented that additional candidates were taken on in response to rising demand. The rise in temp billings was slightly softer than the national average however, and the second-slowest of the monitored regions. Recruiters across the Midlands signalled a sustained increase in the number of permanent vacancies in January. The rate of expansion eased for the fifth month running and was the softest since last February. Moreover, the rise in vacancies in the Midlands was the softest of the four monitored regions. At the same time, temporary vacancies rose at a quicker pace for the first time in six months in January. The increase was robust, yet was the weakest among the four monitored English regions. Downturn in permanent staff availability accelerates A tenth consecutive monthly decrease in permanent staff supply was recorded in January. Moreover, the pace of the fall quickened and pushed the respective seasonally adjusted index to the lowest level since October. Recruiters commonly attributed the downturn to a shortage of suitably qualified candidates amid stronger demand. All four monitored regions saw staff availability fall, though the Midlands reported the softest reduction. The availability of temporary staff across the Midlands fell for the twelfth time in 13 months during January. The rate of decline was marked overall, though eased from the previous survey period to the softest for eight months. All four monitored English regions recorded falls in temp staff supply in the latest survey period, with recruiters in the Midlands reporting the second-softest decline, behind the South of England. Further rapid rise in permanent starting salaries Salaries awarded to permanent new joiners across the Midlands increased at a robust pace in January. The rate of increase gathered pace from the previous survey period, and was robust overall. According to respondents, stronger demand for skilled workers amid shortages was a key factor in higher starting salaries. Recruiters in the Midlands recorded the slowest rise in average starting salaries of the four monitored regions. Latest data highlighted a fourteenth consecutive increase in average pay rates for short-term staff in the Midlands. The rate of wage inflation softened to a seven-month low, though remained marked overall. All four English regions reported strong rises in temp rates, as only South of England-based recruiters reported a stronger rise in wage inflation than those in the Midlands. Commenting on the latest survey results, Kate Holt, people consulting partner at KPMG, said: “The Midlands jobs market powered into 2022 with relentless growth in demand and a rapidly shrinking pool of candidates. This ongoing tension underlines how critical skills and education are to the future economic success of the region. “Employers are desperate for talent to fill vacancies and to have a more active role in the influencing and development of skills planning in their local labour market. We know employers are eagerly awaiting more detail on how the devolution across the Midlands will help tackle the economy’s skills challenge and enable businesses and the communities they work with to achieve their full potential.” Neil Carberry, Chief Executive at the REC, said: “The jobs market is still growing strongly at the start of 2022. Recruiters are working hard to place people into work as demand from employers continues to rise. With competition for staff still hot, companies are having to raise pay rates for new starters to attract the best people. And the cost of living crisis means there is also more pressure from jobseekers who want a pay rise. “But pay is not the only important factor – companies must think about all aspects of their offer to candidates to ensure they get the staff they need. This will be important as firms’ spending is under pressure from inflation as well. “Government’s role is to manage inflation, but also to ensure that they do not discourage investment – that is what will drive the economy to grow through this year. Now is the wrong time to be raising National Insurance, the biggest business tax. But politicians should also be thinking about longer-term workforce planning, making sure we have the skills the country needs for the future. This will take a collaborative effort between the public and private sectors, and the recruitment industry stands ready to help.”

Worksop-based card acceptance and payment solutions specialist snapped up

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Card Cutters, a card acceptance and payment solutions specialist headquartered in Worksop, has been acquired by London-based DNA Payments, an independent vertically integrated payments provider. Card Cutters has been operating since 2009 and has an impressive merchant base in the UK and Ireland. It offers the latest payment technology and merchant services to small independent retailers (SMEs) and larger multi-outlet businesses. The acquisition will also include Card Cutters’ Global Card Solutions, which provides merchants with a range of card machine technology and merchant support, and Card Cutters’ subsidiary in Ireland. Arif Babayev, co-founder of DNA Payments, said: “We’re delighted to welcome Card Cutters to the DNA Payments Group; our second acquisition announcement in 2022. Following our £100 million fundraise from Alchemy Partners last year, we continue to expand our presence in the UK and now in Ireland. Card Cutters’ merchants will have access to our market-leading service propositions and product set, and we’re looking forward to a great future in 2022 and beyond.” EY provided legal transactional support to DNA Payments on the acquisition and support on the financial and tax aspects of the transaction.

Nottingham-headquartered testing and inspection group acquires Singapore firm

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Nottingham-headquartered Phenna Group, a group of specialist businesses focused on the Testing, Inspection, Certification, and Compliance (TICC) Sector, has made its second acquisition of 2022, and its first in Singapore, snapping up A-Star Testing & Inspection. The new acquisition adds further strength and depth to Phenna Group’s NDT & Industrials Division. A-Star Testing & Inspection was first established in 2008 and is a global Ship Survey and Class Approved UTM, Conventional Non-Destructive Testing, Advanced Non-Destructive Testing, Heat Treatment and Third party inspection company with its Corporate Head office in Singapore and regional offices in Malaysia, Indonesia, India and beyond. The business boasts over 300 qualified professionals staff certified in PCN and ASNT for Advanced and Conventional Non Destructive Testing Methods, in addition to IRATA Rope Access Qualifications. The company provides its wide range of services to blue chip clients in the Marine, Offshore, Oil & Gas, Petro-chemical and Renewables industries in Singapore and across EMEA and APAC regions. These services are endorsed by a wide range of Classification Societies, Certification Bodies & Accreditation Counsels worldwide. Gopal Balakrishnan (Bala), CEO of A-Star, said: “I am delighted to complete our partnership agreement with Phenna Group. A-Star Group have grown consistently over the last decade and I’ve thought long and hard about both the timing and selection of securing the right partner. “From my first meeting with Paul, Eric and David, over 2 years ago, they have remained committed to our deal structure, have acted with clarity and integrity and given me extreme confidence that our partnership will be good news for the business and will afford me the strong support I’ll need to continue our growth plans.” Paul Barry, Group CEO of Phenna Group, said: “I’m delighted that Bala and his team have agreed to join Phenna Group. A-Star have cemented an extremely strong reputation in the Asian marketplace as a leader in their field. This landmark deal, our first partnership in Singapore, expands our growing international footprint and I’m excited to work with Bala and his team, to help deliver their very ambitious growth plans.” Phenna Group were advised by Avonhurst (London), N8 Law LLC (Singapore), Donavan & Ho (Malaysia), Fikry Gunawarn (Indonesia), Game Changer Law Advisers (India) and RSM. A-Star Group were advised by GCA Singapore Pte. Ltd. and PK Wong & Nair LLC.

Apprentice Ambassadors to be recruited to spread message of vocational training direct to classrooms

  • Scheme will address skills and employment gaps in core regional industries 
  • Project will focus on opportunity in areas where take-up is lower 
  • Work with Government ‘Nudge Unit’ will use behavioural insights to stimulate interest
A fresh intake of apprentices will go into schools and colleges to act as ambassadors as they talk to other young people about the benefits of vocational training and T-levels.  The Leicester and Leicestershire Enterprise Partnership (LLEP) Careers Hub has teamed up with the Government’s Behavioural Insights Team – the so-called ‘Nudge Unit’ – for an innovative project designed to get pupils and families thinking differently about apprenticeships.  UK-wide research found that two-thirds of young people have not discussed traineeships or T-Levels at school. Just over 14% of students had never heard about apprenticeships.   The new project will address this by building a network of Apprentice Ambassadors (AAs) to go into schools and colleges across Leicester and Leicestershire to answer questions about their experience and inspire others to consider it as a career path.  The project will increase the number of local AAs being recruited, trained and made available for classroom engagement. AAs will be from a range of sectors and social backgrounds. They will be supported by Employer Ambassadors (EAs) who have a desire to support their communities and develop pipelines of new talent.   Kevin Harris, the Chair of the LLEP board, said: “By teaming up with Government behavioural insight specialists, we have created an innovative new approach whereby young people can discuss apprenticeships in their classrooms with AAs that they can relate to.  “Developing this project will help to increase the region’s productivity by ensuring that we have people with the skills needed by our employers. 

 “It will also focus on parts of the region where apprenticeships are not typically being taken up.

“Such inclusivity is important because young people are particularly impacted by changes in the labour market which reduce entry-level positions typically catered for by apprenticeships.” 

The project is part of the LLEP’s Careers Hub and Apprenticeship Strategy ambition to have a diverse Apprenticeship Ambassador Network (AAN) which engages and inspires the region’s future workforce. 

It will ultimately help to change perceptions about apprenticeships in the region. Young people who express an interest in vocational training will be introduced to the local Apprenticeship Skills and Knowledge Team (ASK) and the Careers Hub network.  The LLEP is now looking for local employers to join the AAN as EAs. In doing so they will develop the skills of their own apprentices, create a pipeline of future talent, and give back to schools in their communities.  Local organisations working with apprentices, including all local FE colleges, Cadent Gas and the East Midlands Chamber of Commerce, have already pledged support.  Pieter Eksteen, Education and Business Partnership Manager at the East Midlands Chamber of Commerce, said: “Families are the biggest influencers of career decisions by children and this new project will make a difference by demonstrating to them that apprenticeships are an excellent option for school leavers and a genuine alternative to university.”  Gerarde Manley, Careers Hub Manager at the LLEP, said:  “Leading on this project with a broad range of partners will help inspire young people to hear first-hand about the broad range of apprenticeships available locally and where it can lead them.”  The project has been launched as part of National Apprenticeship Week. Local employers, schools and colleges are now invited to identify up to 10 young people in their organisation to join the network.   The project will run through to July 2022. Learn more, or express interest in becoming an EA, by visiting https://bit.ly/LLEPApprenticeAmbassadors 

YMCA Derbyshire welcomes new chair

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YMCA Derbyshire, a charity which provides accommodation, training and education opportunities and childcare provisions, has appointed a new chair. Julian Smith has been a board member at YMCA Derbyshire since 2020 and takes over the role from previous chair, Mary Gordon. Having worked with over 150 Derbyshire SMEs across a number of sectors for 11 years at The Alternative Board, Julian hopes to bring his real-world experience of owning and running businesses to a cause he truly believes in. He said: “For me, it’s about making a difference. Now I have the time, I am able to commit fully to this role. “It’s really exciting because there are a huge number of opportunities for YMCA Derbyshire to increase the nature of support and number of lives we touch in a positive way. The organisation is well lead and I believe my experience will add value to the team.” This vision of YMCA Derbyshire is to enable young people and communities to thrive, which sits in line with Julian’s motivations for taking the role. He said: “I had been seeking a third sector organisation to be involved with that matched my values and genuinely changes lives. “When the opportunity came up with YMCA Derbyshire, I had no hesitation. I wanted to be involved with a charity in which the Board has influence rather than simply representing the need to tick the box of good governance. This is absolutely the case at YMCA Derbyshire. I really look forward to seeing how we can work together to change lives.” Gillian Sewell, CEO of YMCA Derbyshire, said: “We are thrilled to have Julian as our new chair. The breadth of knowledge he has of our city and county alongside the passion to support our YMCA is phenomenal. We’ve got so much planned for the next few years and Julian will play an instrumental part in where YMCA Derbyshire is headed.”

Rolls-Royce completes sale of stake in AirTanker Holdings

Rolls-Royce has completed the sale of its 23.1% shareholding in AirTanker Holdings Limited to Equitix Investment Management Limited for cash proceeds of £189m. The completion of the transaction, which was announced on 13 September 2021, follows clearance from the relevant regulatory authorities. Proceeds from the transaction will be used to help rebuild the Rolls-Royce balance sheet in support of its medium-term ambition to return to an investment grade credit profile. AirTanker Holdings Limited owns 14 A330-200 Voyager aircraft which are powered by Trent 772B engines, a derivative of the Trent 700 engine. The Voyager aircraft support air-to-air refuelling, air transport and ancillary services for the UK Ministry of Defence. This fleet is operated by AirTanker Services Limited, in which Rolls-Royce will continue to be a 23.5% shareholder. Rolls-Royce will also continue to provide servicing and maintenance for the fleet of Rolls-Royce engines that power the Voyager aircraft to support the Royal Air Force.

Transformation of Derby’s Market Hall moves closer to the second phase

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Plans for the second phase of the transformation of Derby’s historic Market Hall will take a step forward next week. Derby City Council’s cabinet is being asked to approve further investment to complement the £9.43 million from the Government’s Future High Street Fund which has already been secured. A report outlining the second phase of the regeneration programme for the Grade II listed building is due to come before the cabinet at its meeting next week. Work is already underway on the Victorian building to turn it into an attractive retail and leisure destination fit for the future. The planned restoration of the Market Hall’s cast iron, copper and glass roof is on time and on budget, with the second and final finial having been lifted into place at the beginning of February. Repairs to exterior stone and brickwork will complete the first phase of the renovation, which is due to be completed by the summer, paving the way for the second phase which will focus on refurbishing the interior and developing the public space outside at Osnabruck Square. The vision is to create a building that celebrates its heritage and market tradition, while offering attractive and flexible spaces which can be adapted to meet modern needs and consumer demand. When it reopens, the Market Hall will include both traditional and themed markets, events, one off or pop up uses, make and trade spaces and small performances with a greater emphasis on food and drink to attract a wide range of businesses and visitors. Located at the heart of the city centre, linking Derbion and St Peter’s Quarter to the Cathedral Quarter and Becketwell, it will also play a key role in widening the diversity of the city centre economy. Cllr Mick Barker, Cabinet Member for Governance and Deputy Leader of Derby City Council, said: “Derby Market Hall is the grand old lady of the city centre and one of our most historic and prominent buildings. “By making this investment in it, we are also investing in the future of our city centre as our economy recovers after the COVID-19 pandemic. The Market Hall connects key areas of our city centre, and its transformation will help to draw people back into the heart of our city and offer something for everyone.” A vibrant city centre is a key part of the strategy developed to ensure Derby’s economy remains resilient after the pandemic. A task force, made up of representatives from both public and private sectors, is driving activity to maintain business and investor confidence, diversify the local economy and decarbonise the city. If approved by Cabinet next week, the Council will make an additional contribution towards ensuring the transformation of the Market Hall.

Nottinghamshire County Council supports city bid for new bridge

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Nottinghamshire County Council is supporting proposals for a new pedestrian and cycle bridge over the River Trent. The £9.27million bridge is being funded by Nottingham City Council’s bid to the Government’s Transforming Cities Fund and, if approved in the future by the relevant planning authorities, will link Trent Basin to Trent Fields, Lady Bay. Councillor Neil Clarke MBE, Chairman of the Transport and Environment Committee, said: “We support the proposals for this new bridge and the benefits it will bring to pedestrians and cyclists. “The county council was not able to bid for funding from the Government’s Transforming Cities Fund, but we believe that this project, being overseen by Nottingham City Council, will benefit Nottinghamshire residents by enhancing the existing walking and leisure cycling network. “The bridge will help promote cycling and walking, and we recognise that a number of improvements to existing highways networks are needed to ensure that pedestrians and cyclists can safely access the new bridge. “We will continue to work closely with Nottingham City Council to ensure that these improvements are secured as planning conditions when the application is submitted. “We want to build a healthier, more prosperous and greener Nottinghamshire and hope that this scheme will complement our ambitions.”

Licensing Law Consultancy celebrates 5th year anniversary

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Walaiti Rathore, a former partner at an East Midlands law firm specialising in all aspects of licensing, gambling as well as licensing prosecutions and related regulatory law, launched Licensing Law Consultancy (LLC) in February 2017. LLC was successfully designed as a new innovative licensing service for the leisure and hospitality industry, providing cost effective specialist advice and training. Since setting up LLC, Walaiti has built on his reputation for successfully dealing with the most challenging cases for independent, multiple and national operators as often reported in the press. He has also continued to attract new clients, successfully working with national and international franchise brands. In February 2018, industry leaders from the world of licensing and hospitality arrived in Nottingham to celebrate the first birthday of LLC. To mark the milestone, a party was held at Crowne Plaza Hotel which was attended by local operators, landlords, investors and breweries as well as representatives from brands with a national and international presence. Paul Chase, a former director of CPL Training Group, the UK’s top training provider for retail and hospitality, gave a speech at the event. He said: “It’s always less risky to remain in someone else’s organisation than to start your own. Starting Licensing Law Consultancy was therefore a brave step and one which testifies to Walaiti’s entrepreneurial spirit.” In June 2019, Licensing Law Consultancy organised and hosted the first National Licensing Week (NLW) event in Nottingham to celebrate and raise awareness of licensing and the role it plays in everyday lives. NLW was in its fourth year but this was the first event of its kind, a party held to celebrate NLW and to raise awareness. The event was attended by members of the Institute of Licensing, Nottingham Business Improvement District, Pub Watch, Hospitality Association, other industry representatives such as the Gambling Commission and leading operators with a local and national presence as well as leading businesses and professionals from all sectors. Guests were treated to canapes, dinner, complimentary drinks all evening and received designer gifts from global fashion retailer, Paul Smith. The chair of the Institute of Licensing, Dan Davies, said: “I am delighted to support this event and I thank Walaiti Rathore for having the vision and energy to make this happen.” Plans to resume events for the benefit of the hospitality industry are currently underway.