Ian Mattioli named non-executive chair of healthcare tech and medicinal cannabis company

Ian Mattioli MBE, co-founder and CEO of Leicester wealth management group, Mattioli Woods, and founder and non-executive director of property business Custodian Property Income REIT Plc, has been appointed as non-executive chair of Kanabo Group, the patient focused healthcare technology and medicinal cannabis company.

David Tsur, who has served as Kanabo’s non-executive chair since the company’s admission to the London Stock Exchange in February 2021, will transition to deputy chair following Ian Mattioli’s appointment.

Mattioli has also taken part in the company’s £2.54 million fundraise.

David Tsur, deputy chair of Kanabo, said: “We are delighted to welcome Ian to the leadership team as we embark on a year of growth and expansion into new markets and services. His experience and understanding of London’s capital markets will be invaluable as we work to advance our strategic goals for the company.

“Since the company’s admission to the London Stock Exchange, we have achieved numerous significant milestones, including launching two medical cannabis products, building a comprehensive supply chain, acquiring The GP Service, and launching Treat-It, our innovative digital health platform for pain management.” 

Ian Mattioli MBE added: “I am delighted to join Kanabo as a chair and am impressed with the company’s commitment to personalised, accessible, and affordable healthcare. With its leading-edge technology and disruptive products, Kanabo is poised for significant growth in the digital health sector. I am keen to contribute my experience and knowledge to support Kanabo in its future success.”

Nottingham on shortlist to be new home of the English National Opera

The English National Opera (ENO) has named five cities as possible sites for its relocation – including Nottingham. The search for a new home comes after the opera company was told by Arts Council England to relocate its HQ from London or lose its public funding. It comes as the government aims to spread more money outside of the capital. On the shortlist are Birmingham, Bristol, Manchester, Liverpool, and Nottingham. This will be shortened to three cities by the end of May, with a decision expected by the end of the year. Speaking to The Guardian, ENO CEO Stuart Murphy said Liverpool and Manchester were really strong contenders but that Bristol, Birmingham and Nottingham were also in the running. In April a joint statement from Arts Council England and the ENO said that, following development work by the ENO, Arts Council England had set a budget of up to £24 million investment for 2024-26 to support ENO’s phased transition to a new artistic and business model with a primary base out of London, whilst continuing to own, manage and put on work at the London Coliseum.

Financial Reporting Council commences investigation into audit of Joules

The Financial Reporting Council (FRC) has commenced an investigation into Deloitte’s audit of the financial statements of lifestyle group Joules for the year ended 30 May 2021. The investigation will be conducted by the FRC’s Enforcement Division under the Audit Enforcement Procedure. Interpath Advisory were appointed joint administrators of Market Harborough-based Joules on 16 November 2022, with company rescued by Next and Joules founder Tom Joule in December, saving 100 Joules stores and approximately 1,450 jobs. A spokesperson for Deloitte UK said the company will co-operate fully with the investigation.

Midlands’ economic output £18bn per year smaller than expected, contributing to national underperformance

Cities are crucial hubs in the Midlands, providing employment opportunities, higher wages and increased prosperity for their residents and those living in surrounding areas. As such, they have a vital role to play in tackling the region’s persistent productivity gap – the result of historic underinvestment and undervaluing of the Midlands – which costs the region £18 billion annually, a new Centre for Cities report highlights. Centre for Cities says urban areas should be a key focus of Government efforts to help the Midlands reach its economic potential as part of the wider objective to level up struggling regions. It publishes its latest research in a new report, All Cylinders: The role of the Midlands Engine in the British economy, in collaboration with the Midlands Engine partnership. The report identifies that if Birmingham, Nottingham and Leicester were enabled to play the same role that similar sized economies on the continent play within their local areas, the Midlands economy would be larger and more productive. Centre for Cities estimates that the Birmingham urban area accounts for £11 billion of the £18 billion shortfall in economic output in the region. Urban areas across the Midlands account for 89 percent of the total output gap. Centre for Cities identifies that focusing on Birmingham and Nottingham’s ability to attract service exporting companies into their city centres will be a key opportunity. At £70,000 per worker, the economic output of service exports in the Midlands is below the national average of £92,000 for the sector and tackling this shortfall will be of huge economic benefit to the region and the country. Centre for Cities’ research suggests that Nottingham and the Birmingham area are missing out on some of the so-called “agglomeration effects” that make city centres advantageous places to do business, particularly for service exporting firms. Strategies are already being put in place to address public transport connections and road accessibility into the cities, and to improve available skills. Centre for Cities highlights three key areas of economic policy to address to achieve the productivity potential of the Midlands:
  1. Improving skills of residents in large urban areas using skills money from the region’s allocation of the Shared Prosperity Fund, particularly targeted at residents with fewer than five good GCSEs.
  2. Making city centres more appealing places to do business with new, high-quality city centre office space that meets the needs of service exporting firms in particular.
  3. Improving public transport infrastructure and housing density particularly in areas with access to the two biggest cities, Birmingham and Nottingham.
Andrew Carter, Chief Executive of Centre for Cities, said: “If we are going to see a greater amount of access to prosperity available to people who live across the Midlands area, then addressing the performance of its cities is essential. “Government should consider the role that cities play in the wider economy if it wants to realise the Midlands’ economic potential, grow the national economy and achieve its goal of Levelling Up struggling regions. These regions should take advantage of the offer of greater devolved powers, as the Government outlined in the Levelling Up White Paper last year. “Urban economies in the Midlands were shaped by globally-competitive manufacturing industries and these are still a major part of the Midlands. Birmingham and Nottingham city centres now have a key role to play in offering the services sector access to knowledge and innovation. This includes ‘new economy’ businesses, like Fintech and advanced manufacturing – cutting edge parts of the economy that are increasingly important to the UK’s export base and present significant opportunities for economic growth in our cities. “When we picture the Midlands firing on all cylinders, it’s a region with highly skilled, knowledge-intensive jobs in the city centre.”

Fire-hit HSBC opens pop-up branch in Loughborough Town Hall

From today HSBC is to open a pop-up branch in Loughborough Town Hall after its own building in the town’s Market Place was destroyed by fire.

The bank will be open for four days a week until further memorise, said Simon Gibson, Loughborough Town Hall manager said he was happy to be able to help its neighbour to keep a presence in the town centre following the devastating fire. “We had to close the town hall for a few weeks following the blaze and there are still some repairs to be carried out, but we are pleased to be fully up and running.” Gursh Bassi, Local Director for HSBC Leicester, said “I am really pleased we are now able to offer a pop-up branch solution at  Loughborough Town Hall for our customers in Loughborough for the immediate future, thanks to the superb support received from Loughborough Town Hall and Charnwood Borough Council. “The town hall is centrally located, right next door to the branch site which was damaged in the recent fire. HSBC remains committed to the Loughborough community. The location of the town hall and the space we will have in the building, on the first floor, will also give us the room required to serve more customers. “The venue has excellent access via lift or stairs. I would like to thank our customers and our team for being patient and everyone who has supported us since the incident at the Loughborough branch.’’ HSBC will be operating the pop-up branch at the town hall on Mondays, Tuesdays, Thursdays and Fridays, between 10am and 4pm (excluding bank holidays). It will be located on the mezzanine level at the town hall.

Companies share in millions from Government to reduce energy costs and cut carbon emissions

Companies in our region are to share in more than £24m from the government to reduce their energy costs and cut carbon emissions.
  • Magnavale Limited in Chesterfield is receiving nearly £372,000 to install a cutting-edge refrigeration system for food products that uses less energy than traditional systems.
  • Breedon Cement in Hope, Derbyshire is receiving over £231,000 for a feasibility study on using carbon capture technologies at their Hope site.
  • Lhoist UK Limited is receiving over £92,000 for a decarbonisation study at their Hindlow plant, near Buxton in Derbyshire, which manufactures high-quality lime.
  • Toyota UK in Derby is receiving over £282,000 to introduce new airless paint atomisers for their automotive site, which aims to reduce the amount of energy required for their painting processes by reducing the spray booth size and equipment.
  • Pioneer Foods Limited, a cereal manufacturer in Wellingborough, Northamptonshire, is taking forward three different projects, with grants of over £27,000, £29,000, and £136,000 respectively. The projects include exploring reusing waste wheat products as a biomass fuel, installing a biomass combined heat and power system, and improving the energy efficiency of their ovens.
The money will be used to help clean up manufacturing processes and improve their energy efficiency, and will come from the Industrial Energy Transformation Fund designed to support businesses using high amounts of energy to reduce their fossil fuel using innovative low-carbon technologies. This will help companies save on their energy costs, which in turn will safeguard British jobs and help grow the economy – one of the government’s five priorities. Minister for Energy Efficiency Lord Callanan said: “We are leading the world in reaching net zero, having cut emissions by over 44% since 1990 – but to keep up this progress and achieve our green goals, we’ve got to transform our industrial sectors, as some of the industries most critical to our economy are also those with the highest emissions. “We’re backing them with government funding to use the latest technologies to cut their emissions and their reliance on fossil fuels – helping to future-proof these industries as we grow our green economy.”

Frontline named Best National Recruitment firm at the UK Recruitment Awards

Careers specialist Frontline Recruitment is celebrating after being named Best National Recruitment firm at the UK Recruitment Awards.The awards acknowledge and recognise exceptional accomplishments by recruitment agencies and organisations throughout the UK. Over 40 recruitment and talent agencies entered to compete for award categories for companies and individuals around the United Kingdom, all of which have demonstrated exceptional achievements in categories such as candidate and client care, innovation and more.Frontline Recruitment is headquartered in Nottingham and has offices in Chesterfield, Derby, Hull, Leicester and Weymouth.The private panel of judges, consulting from various recruitment sectors with the Business Awards UK team, decided that Frontline’s successes over the last 12 months made the company a worthy winner.Frontline Recruitment’s national operations manager, Sarah Bowater, said: “We feel very privileged and a tad overwhelmed in receiving this award. I would like to thank all our clients who nominated and voted for us. I am very proud of what we have achieved and the National Partnerships we have and our continued commitment for making the recruitment world a better place is being recognised.”David Essam, Frontline Recruitment’s operations director, added: “This is a proud moment for the business and demonstrates the hard work and investment pre- and post-Covid. I echo Sarah’s comments and this reward really reiterates how hard our staff work to ensure we offer the best possible service. I would like to thank our clients who played their part in helping Sarah and her team win this award.” Business Awards UK’s director, Dan Trindade, said: “Our inaugural Recruitment Awards showcased some of the very best of the industry, celebrating the achievements, innovations, diversity and spotlighting individuals who have demonstrated excellence in recruitment practices. “From disruptive sourcing strategies to exceptional candidate experience, the winners have demonstrated outstanding performance and commitment to raising the bar in the recruitment industry.”

Estate agency announces a range of promotions

Redbrik Estate Agents has made a number of internal promotions within its 70% female workforce. These include:
  • ​​Gemma Hynes has been promoted to Area Manager from her previous Property Consultant role.
  • Sarah Bicknall has been promoted to Area Manager from Lettings Property Consultant.
  • Thea Cox has been made Marketing Manager, promoted from Marketing Executive.
  • Grace Bradbury has been promoted to Sales Manager from her previous role as an Applicant Manager.
Claire Madej, Redbrik’s Talent and HR Manager, said: “Redbrik is only as good as its people and I’m so pleased to see these fantastic women progress through the agency and take us – as a company and as part of the wider industry – forward. Last month the industry celebrated both International Women’s Day and the first-ever Women In Estate Agency conference, so we’re pleased to mark yet another milestone for women in property with these incredibly well-deserved promotions.”

University launches unique international partnership with Paul Smith to enhance Nottingham’s global profile

Two iconic Nottingham institutions are joining forces to form a unique international partnership designed to support the city’s business growth, investment, and global profile. The collaboration between the University of Nottingham and Nottingham’s home-grown fashion designer Paul Smith, will capitalise on the international reputation of both organisations to fly the flag for the city overseas. The two partners have particular influence in Asia, where the university has campuses in Malaysia and China, and Paul Smith has significant presence including a number of stores across China, Hong Kong and Malaysia.
Commenting on the new partnership, Paul Smith said: “Growing up in Beeston, my father was a keen amateur photographer. I very vividly remember a photograph he took of the original University of Nottingham campus mid-construction. “Having a university in the city I grew-up in was always something I was very aware and proud of and so it’s really exciting for me to be launching this partnership between what I consider to be two quintessentially Nottingham organisations that are now known for their excellence around the world.” To mark the start of the partnership, Paul Smith has launched an exclusive limited-edition collection of University of Nottingham merchandise which pays tribute to his connection to his hometown and features the company’s striped design alongside a stylised depiction of the university’s iconic Trent Building. Alex Favier, Director of Global Reputation and Relations, said: “The University of Nottingham and Paul Smith Ltd partnership began during Nottingham in Parliament Day in 2016. The University worked with over 100 businesses, local authorities and third-sector partners to help tell the story of a pioneering, creative and innovative Nottingham to a wider audience. “The launch of the Paul Smith for the University of Nottingham collection is underpinned by the same desire from both partners to use their global reach and reputation to help promote our city, county and its businesses to a global audience. “The University of Nottingham has international alumni around the world, all of whom have an affinity with Nottingham as a place, not just as a university. We are committed to helping Nottingham’s businesses and visitor economy recover from the pandemic by making more of these global connections. “Through the Midlands Innovation university collaboration, the university hosts a regional pilot funded by the UK Government that will explore practical ways in which universities can help boost local trade and investment.” Paul Smith is an invited member of the university’s Business Partnership Programme, which is designed to help its key industry partners to collaborate with the university and to work together on shared objectives. The partnership, which is tailored to each business, offers access to the university’s eco-system of innovation, talent and connections. Opportunities on offer through the programme include the chance to develop collaborative bids for UK Research and Innovation funded projects; preferential updates on intellectual property including technology for license and spin-out companies looking for investment; and access to experts for academic consultancy and cutting-edge facilities and equipment.

Noodle bar to be served up at Markham Vale

A drive-thru noodle bar is set to become the final catering offering to join Markham Vale, HBD’s 200-acre industrial and logistics development. Planning permission has been granted for a Chopstix Noodle Bar which will occupy the remaining plot in the services area at Markham Vale – one of the region’s flagship industrial schemes, attracting new businesses into the area and creating thousands of jobs. The new drive thru joins the likes of fish and chip restaurant Chesters and Gridserve, another new occupier set to open a state-of-the-art electrical vehicle charging station later this year. Derbyshire County Council Cabinet Member for Clean Growth and Regeneration, Councillor Tony King, said: “It’s great that we’ve secured another employer bringing a further 20 full time equivalent service industry jobs to Markham Vale. “We’re pleased that this phase of the scheme to establish a high-quality service stop at junction 29a is almost complete with Gridserve due to start work on building an electric charging forecourt later this year. “Next we’ll be concentrating our efforts on securing new occupiers for the remaining development plots having just gained planning approval for the construction of four new industrial units on Enterprise Way.”   Richard Hinds, senior development surveyor at HBD, said: “We’re pleased to welcome Chopstix to Markham Vale; it joins several drive-thru restaurants and facilities and will no doubt prove a popular addition to the scheme.”   Chopstix is part of the QFM Group – one of the UK’s leading franchise businesses. Founded almost 40 years ago, it has built success in recent years with growth across several brands including Costa Coffee, KFC and Taco Bell. Markham Vale is one of the region’s most successful industrial and logistics schemes. Just 11 acres now remain for development, accommodating a further 190,000 square foot.

How to choose a video production company

Video content has become an integral part of any business marketing strategy and, as a result, the demand for video production companies has increased significantly in recent years. Choosing the right video production company can be a daunting task as it can be difficult to determine which one fits your needs best. In this article, we will discuss some important factors to consider when choosing a video production company. Experience and Expertise When it comes to video production, experience and expertise are crucial. Look for a company with a proven track record of producing high-quality videos. Check out their portfolio and previous projects to get an idea of their style and capabilities. You should make sure to choose a video production company that specialises in video marketing and corporate videos, as they will have the most relevant experience and understand your needs. Quality of Work The quality of the video production company’s work should be one of your top priorities. Look for a company that produces high-quality videos that are visually appealing, engaging, and effective. A good way to gauge the quality of their work is by watching their previous projects or by checking out their reviews and testimonials. Creativity and Innovation A good video production company should be creative and innovative. They should be able to come up with unique ideas and concepts that will make your video stand out from the crowd. Look for a company that is willing to think outside the box and take risks to create something truly special. Communication and Collaboration Communication and collaboration are essential when working with a video production company. You want to work with a company that is easy to communicate with and that listens to your ideas and feedback. Look for a company that is willing to collaborate with you throughout the entire process to ensure that you are happy with the final product. Price and Value Price is an important factor when choosing a video production company, but it shouldn’t be the only factor. Look for a company that offers competitive pricing while still providing high-quality work. Our local recommended video production company can be hired from just £599, yet they create outstanding 4K content for businesses. Choosing the right video production company is crucial for the success of your marketing strategy, allowing you to create high-quality videos that will help you reach your business goals and get the results you want.

Project D cooking-up super-expansion with crowdfunding campaign

Investors are being invited to “join the inner ring” as doughnut brand Project D launches its first crowdfunding campaign.

The multiple award-winning bakery is looking to raise investment capital of at least £400k through its launch this week on the Crowdcube crowdfunding platform.

Founded in 2018 by three former school friends working from a kitchen table, Derby-based Project D has already attracted partnerships with heavyweight brands like British Airways, Brewdog, Amazon and Rolls-Royce.

In less than five years the self-proclaimed “disruptive” doughnut retailer and manufacturer has grown from the three young entrepreneurs to a company of more than 100 staff operating from a purpose-built 11,000 sq ft bakery.

The firm is seeking to further accelerate its dramatic success by using investors’ funds to multiply its current £2.6m annual turnover to a figure of more than £12m in three years.

For as little as £50, anyone from professional investors to members of the public can become a shareholder in an ambition to create the world’s biggest doughnut company, in a global market estimated to be worth almost £25bn.

Finance raised from the crowdfund campaign will be invested in product innovation, retail expansion, digital marketing and e-commerce and key office hires.

Project D marketing director Max Poynton, who set up the firm with Matt Bond and Jacob Watts, said: “This is a unique opportunity to invest in a young business that has already established itself as one of the leading doughnut manufacturers in the UK.

“There is no better time than now to be involved in this market, as the popularity of doughnuts keeps growing year-on-year.

“We offer a bigger and better product, with more innovation than any of our competitors. I’d therefore urge investors to join the inner ring and enjoy our journey towards becoming the largest doughnut company in the world.”

Project D has recently expanded its senior management team, taking on a head of finance, head of HR and head of retail and wholesale. It also works with business advisor Mark Doleman, who previously spent 20 years as a partner at Deloitte.

The firm, which has to date created more than 2,500 individual product lines, works closely with food scientists and nutritionists at a state-of-the-art research and development facility in Corby, Northamptonshire.

Its rapid expansion has been aided by the company’s huge digital marketing push and social media following, with its TikTok account alone receiving 19m views, 1.1m likes and 27,000 comments in a single two-month period.

Added to that, Project D is preparing to open its first flagship store, in Sheffield’s Meadowhall shopping mall, with plans to open more permanent retail outlets in the near future.

“We’ve already received a great deal of interest from prospective investors,” said Max. “We’re extremely confident that we will smash our £400k target.

“There’s no limit to what people can invest – and we’d love to see a mix of small, £50 investments alongside some big-ticket investments.”

Max added that the firm future-proofed itself for fast expansion when it took on a manufacturing facility capable of turning out more than 17m doughnuts per year. It currently manufactures around 2m doughnuts each year at its Derby headquarters.

The crowdfund campaign has already generated £150k of lead investment prior to the official launch on Crowdcube.

New chair for Business Peak District

At the Business Peak District (BPD) Annual General Meeting, Board members agreed that Dr Peter Dewhurst be invited to take over the role of chair, following the announcement that Robin Eyre was stepping down from the role. Robin had led BPD since July 2018 and amongst his many achievements have been a series of 23 well attended BPD member webinars held between April 2020 and May 2021. These were introduced partly as a response to the sense of isolation that many Peak District business owners were feeling at the start of the Covid-19 pandemic. They also proved to be a vital tool in disseminating business support information during a period of significant business challenge. More recently Robin led negotiations with East Midlands Chamber, which have seen the appointment of Kate Kearns as a BPD support officer. Kate has had an early impact, taking the lead in organising the BPD conference which took place at the Crescent Hotel in Buxton on March 30th. Peter Dewhurst, the incoming chair, began by thanking Robin for his “outstanding leadership” over the last 5 years and noting that “under Robin’s tenure BPD membership has grown to 728 with a newsletter subscription list of 852.” Peter went on to explain that his “aim will be to build on the foundations laid by the previous BPD chair and in collaboration with key partners, to support both existing and future Peak District based businesses to achieve their full potential, whilst helping to ensure a low carbon and sustainable future for the economy of the Peak District.” He added: “I also believe that the current period is a time when there is a need for BPD to become a more visible champion and voice of businesses within the Peak District.” The incoming chair began his working life as co-founder of an import, wholesale & retail business, with outlets in Manchester & London. He subsequently moved into the higher education sector, taking on senior management roles first at the University of Wolverhampton and then at the University of Derby’s Buxton Campus. Currently Peter is the director of strategic projects at the University of Derby, whilst also serving as a non-executive director on the Board of East Midlands Chamber and chair of the Peak District Partnership. At the same AGM, Tracy Duggan, the founder and director of High Peak-based skillslocal, was appointed as vice chair, with her committing to support and champion the Peak District’s business community.

Double award win for inspirational NLS Legal team

Two members of Nottingham Law School’s teaching law firm, NLS Legal, have received awards for their commitment to providing access to justice and inspiring lawyers of the future.

Solicitor, Katie Smith, and practice manager, Carlota Gonzalez Laynez, took away accolades from the Nottinghamshire Law Society Annual Awards 2023.

Katie Smith received the highly contested Solicitor of the Year award in recognition of outstanding leadership, her impact on students and junior lawyers, and her dedication to addressing an unmet legal need in the Nottinghamshire community.

In 2022 Katie launched the NLS Legal pro bono family service, which advises on matters such as divorce and financial remedies, child arrangements and domestic abuse. The full-service offering also includes providing pro bono representation throughout court proceedings and is the only service of its kind in the county.

Over the past 12 months, Katie has assisted more than 30 clients, achieved financial settlements worth approximately £85,000 and provided more than 40 law students with work experience.

Head of NLS Legal, Laura Pinkney, said: “Katie is an inspiration, a role model and provides access to justice to those that would otherwise be denied it. She is incredibly humble and never shouts about her own achievements. She just quietly gets on with changing the world.”

Carlota Gonzalez Laynez was recognised with the Business Support Champion award for her ‘unwavering commitment’ to NLS Legal and the positive impact she has on staff, volunteers, clients, and partner organisations.

Carlota has initiated and led a number of projects at NLS Legal, including developing, promoting, and facilitating public legal education initiatives; implementing a new case management system; and a collaboration with a local mental health charity to deliver resilience and wellbeing webinars to law student volunteers.

Her pivotal role in establishing the new Support Through Court service at Nottingham Law School was also noted. The charity provides practical and emotional support to people going through court without representation and Carlota’s work has ensured a seamless transfer of the service from Nottingham County Court to the University.

Laura Pinkney added: “Carlota is at the heart of everything we do, and she brings initiative, care, and passion to every aspect of her work. Often the external face of our firm, she takes every opportunity to advocate the firm’s mission of promoting access to justice and training the lawyers of tomorrow.”

As a not-for-profit teaching law firm with charitable status, NLS Legal was the UK’s first law firm fully integrated into a law school when it obtained an ABS (Alternative Business Structure) licence in 2015.

Supervised by a small team of experienced lawyers, Nottingham Law School students support members of the local community with free and affordable legal advice on a range of areas, including employment, family, housing, business, civil litigation, intellectual property, special educational needs and disability, welfare benefits, and victims’ rights. NLS Legal also delivers public legal education sessions to raise awareness of legal rights and responsibilities. 

The firm has achieved financial awards totalling in excess of £6 million for the benefit of its clients. More than 4,000 students have been involved in NLS Legal activity, supporting the firm to deal with over 2,500 cases.

NLS Legal has also won numerous prominent accolades, including being named Law Firm of the Year at the Lexis Nexis Legal Awards 2022 after being nominated alongside five private national and international law firms.

Executive Dean of Nottingham Law School, Jenny Chapman, said: “The whole NLS Legal team is dedicated to providing an important service to people who are unable to afford, or unable to access, legal services. Katie and Carlota are shining examples of this, they are an inspiration to everyone involved with the firm and these awards are truly deserved.”

Carter Jonas enhances Nottingham presence with new partner

Property consultancy Carter Jonas has expanded its operations in Nottingham, appointing Andrew Prowse as a partner in its Infrastructure team. Carter Jonas opened in Nottingham last year, marking its second site in the Midlands, having launched in Birmingham in 2016. Its Nottingham space at Cumberland House, 35 Park Row, is initially supporting the ongoing expansion of its Infrastructure and Energy business. Prowse joins from Bruton Knowles with more than 15 years of experience. He has a background in commercial property, specialising in compulsory purchase and compensation in the infrastructures sector. He has advised on land assembly for infrastructure and regeneration projects across the UK, working for many national operators, including National Grid, Western Power Distribution, Northern Powergrid, Severn Trent Water and Cadent Gas. At Carter Jonas, Prowse will work closely with Christian Green, head of its Midlands practice, helping to lead the eight-strong Nottingham team and grow the business’s regional presence. With a deep-rooted knowledge of the region, and extensive experience advising public and private sector clients, he will play a pivotal role in several client projects. Christian Green, partner, Carter Jonas, said: “It is a pleasure to welcome Andrew to the team. As we respond to client demand, his joining will support our long-term ambitions to develop core areas of our business whilst strengthening our ability to deliver strategic, considered advice and services, helping to facilitate some of the most ambitious national infrastructure projects. “I look forward to working with Andrew and drawing on his knowledge and expertise as we grow our business here, supported by colleagues from across our network, to develop our consultancy offering and establish a versatile base in the city.” Andrew Prowse, partner, Carter Jonas, said: “I’m excited to have joined Carter Jonas’ talented team and look forward to strengthening our consultancy business here in Nottingham. Having opened in the city last year, my appointment demonstrates Carter Jonas’ commitment to increasing the firm’s presence in the East Midlands and providing tailored, expert advice to our clients here. “My areas of specialism complement that of the existing team and will support several mandates on which we are already appointed. Equally, my appointment is a great opportunity to use my regional knowledge to help establish further Carter Jonas in the East Midlands as we continue to invest in this exciting and dynamic region.”

Streets Chartered Accountants shares expert insight in latest news update

Streets Chartered Accountants has released its latest news update, sharing expert insight. Tax-free allowance on trading and property income A reminder that there are two separate annual £1,000 tax allowances for property and trading income. If you have both types of income highlighted below, then you can claim a £1,000 allowance for each. Read more. Losing your personal income tax allowance If you earn over £100,000 in any tax year your personal allowance is gradually reduced by £1 for every £2 of adjusted net income over £100,000 irrespective of age. This means that any taxable receipt that boosts your income over £100,000 will result in a reduction in personal tax allowances. Accordingly, your personal Income Tax allowance would be reduced to zero if your adjusted net income is £125,140 or above. Read more. Rent-a-room relief The rent-a-room scheme is a set of special rules designed to help homeowners who rent-a-room in their home. If you are using this scheme, you should ensure that rents received from lodgers during the current tax year do no exceed £7,500. The tax exemption is automatic if you earn less than £7,500 and there are no specific tax reporting requirements. If required, homeowners can opt out of the scheme and record property income and expenses as usual. Read more. Full expensing started 1 April 2023 The new 100% first-year capital allowance for qualifying plant and machinery assets known as full expensing came into effect on 1 April 2023. This measure is expected to help boost business investment and growth. Read more. Tax when you sell property The annual exempt amount applicable to Capital Gains Tax (CGT) has been reduced to £6,000 (from £12,300) for the new 2023-24 tax year. Read more. Letting relief In general, there is no Capital Gains Tax (CGT) due on the disposal of a property which has been used as the main family residence. This relief from CGT is commonly known as ‘private residence relief’. However, where all or part of the home has been rented out the entitlement to relief may be affected. Homeowners that let all or part of their house may not benefit from the full private residence relief, but may benefit from letting relief. Read more. Stamp Duty on shared ownership property Stamp Duty Land Tax (SDLT) is payable whether you buy a freehold property, a new or existing leasehold property or a shared ownership property. Read more. VAT guidance for overseas sellers New simplified VAT guidance for overseas sellers has been published by HMRC. Read more. Take advantage of new pension tax reforms The new pension tax reforms that were announced in the recent Spring Budget took effect from 6 April 2023. Read more. Mobile phones and tax When an employer incurs costs for the provision of mobile phones to employees it is important to understand the correct tax treatment of these expenses. Read more. Paying tax by credit or debit card HMRC has not accepted personal credit card payments since January 2018 when credit card surcharges on personal credit cards were banned. However, HMRC continues to accept payments by corporate credit card or corporate debit cards. The use of these cards is subject to a fee. Payment by personal debit cards is currently fee-free. There is also no charge for payment by Direct Debit, bank transfer or cheque. Read more. Tax Diary May/June 2023 1 May 2023 – Due date for corporation tax due for the year ended 30 July 2022. 19 May 2023 – PAYE and NIC deductions due for month ended 5 May 2023 (if you pay your tax electronically the due date is 22 May 2023). 19 May 2023 – Filing deadline for the CIS300 monthly return for the month ended 5 May 2023. 19 May 2023 – CIS tax deducted for the month ended 5 May 2023 is payable by today. 31 May 2023 – Ensure all employees have been given their P60s for the 2022/23 tax year. 1 June 2023 – Due date for corporation tax due for the year ended 31 August 2022. 19 June 2023 – PAYE and NIC deductions due for month ended 5 June 2023 (if you pay your tax electronically the due date is 22 June 2023). 19 June 2023 – Filing deadline for the CIS300 monthly return for the month ended 5 June 2023. 19 June 2023 – CIS tax deducted for the month ended 5 June 2023 is payable by today. Read more

Three Leicestershire building societies unite to tackle cost of living crises and support local communities

Hinckley & Rugby Building Society, Market Harborough Building Society and Melton Building Society, have joined forces to support local community projects across Leicestershire. The partnership aims to help the local community by working with different charities and organisations, donating money, and facilitating assistance and advice to those in need. This year, the three building societies have chosen to support The Bridge East Midlands, a charity that provides accommodation and support services to homeless people in Leicestershire. The Building Societies have each donated £15,000 to The Bridge East Midlands to fund the hiring of a Housing Adviser who will offer advice and guidance to anyone that needs it. The Housing Adviser will be easily accessible to the community being based on the high streets of all three Building Society towns. The partnership between the Building Societies represents a shared goal to help get people on to the housing ladder and achieve their dream homes, but in this case, they are coming together to support those who are worried about the ability to pay their mortgage or are experiencing difficulties due to changed circumstances or the cost-of-living crises. The service will be free to access for all. The three Societies said: “We are delighted to be partnering to support The Bridge East Midlands. We believe that the work they do is important in providing support and accommodation to homeless people in Leicestershire. We hope that our donation and the expertise of the newly appointed Housing Adviser will make a real difference in the lives of those who need it the most.” Anna Maudsley from The Bridge East Midlands says: “We are delighted to have received this significant funding as it enables us to increase our service by another three days a week across the county for this year, offering specialist advice, information and guidance to prevent homelessness and supporting our mission to develop sustainable housing solutions for individuals and communities through partnership, empowerment and good practice which is an increasing priority during this cost of living crisis.”

Kitchen manufacturer, Interiors by Design has tools for growth

A significant investment in machinery and support from the Business Gateway Growth Hub is helping kitchen and bedroom manufacturer, Interiors by Design fight back in difficult trading conditions. The independent, Wigston-based company is taking advantage of support available to build resilience and grow, despite rising rents, rates and all other costs. Interiors by Design is led by directors Mohammed Essajee and Simon Colebourne. They first met when Simon and his dad Neil, who were kitchen fitters for MFI, would come in for supplies from Mohammed’s family DIY shop. When MFI closed, they approached Mohammed to set up a kitchen design and installation business at his prime high-street location. Though it started small, with a tiny showroom above the DIY shop, Interiors by Design has since expanded into the premises next door. They’ve also gone from a small workshop in Carlisle Street in Leicester to a bigger space in South Wigston with new machinery. Today they design, manufacture and install kitchens and bedrooms as well as supply to other showrooms, fitters and house builders, giving them both retail and trade business. Mohammed said: “Things were ticking along but we got to the stage in 2020 when we said we needed to go for it. But everything at the workshop was being done by hand. It was restricting our growth and limiting capacity.” Mohammed got back in touch with the Business Gateway who had supported him in the past. “I spoke to Business Adviser Joanna Moore about grants and at the time there was a growth grant* available. With Jo’s help, we were successfully awarded £25,000 towards the purchase of a vertical CNC machine and an edge bander. Our total investment was over £90,000. “The new machinery is more accurate; we’re saving time and it has improved efficiency. “Whereas in the past we’d complete one or two kitchens a week, now we can do four or five, probably more. It’s a matter of generating more business now. Jo’s also helping with a three-year plan and has put us in touch with high growth specialist, Stuart Ross to take us to the next level.” Staff numbers have gone from three to seven, including Mohammed’s wife Tasneem who oversees social media marketing. The business is looking to take on another person for the workshop and a site manager. Like many small businesses right now, Mohammed and the team have been focusing on where they are, what they are selling and buying and checking their margins are right. They also face competition from larger firms that can offer interest-free finance. However, Mohammed is optimistic about the future. “From the design stage to manufacturing to installation we have control along the whole process. Not many independent businesses manufacture as we do. “I’ve been given all the additional tools I need by the Business Gateway. It’s not just the grant, it’s the courses, the advice, the peer2peer sessions. Having these guys on board saying you’ve done this, but you could have done this, or you should be doing this… it’s been a like breath of fresh air.” Joanna Moore added: “Despite current economic challenges Interiors by Design has ambitions to keep growing. They are a great example of a business that has taken advantage of the Business Gateway by using our services as and when needed. We’ve worked together on the financial side including cash flow forecasting, particularly important right now.” For a free and impartial business review from the Business Gateway call 0116 366 8487, complete an enquiry form at www.bizgateway.org.uk or email growthhub@bizgateway.org.uk The Business Gateway Growth Hub service is part-funded by the European Regional Development Fund and delivered by a partnership that includes Leicester City Council, Leicestershire County Council, East Midlands Chamber (Derbyshire, Nottinghamshire, Leicestershire) and the Leicester and Leicestershire Enterprise Partnership Limited (LLEP). *This grant has now been fully allocated and is closed for applications.

Derby firm secures two King’s Awards for Enterprise for its lateral flow test work

Diagnostic tests manufacturer SureScreen Digital has won two King’s Awards for Enterprise. The Derby-based company, which makes and exports millions of lateral flow tests, was recognised in the Innovation and International Trade categories. Its expertise came to the fore at the height of the Covid-19 pandemic, after it developed antigen lateral flow tests, which were the first European tests to pass the strict validation process in the laboratory by Public Health England. As a result, they became a vital part of the UK Government’s rapid testing programme and were also exported to help other countries tackle the pandemic overseas. Director David Campbell said: “We are incredibly proud to have been announced as double King’s Awards winners in recognition of what continues to be a huge company-wide effort to develop and manufacture lateral flow tests that help save lives both in the UK and in countries around the world. “It is a wonderful testament to the hard work across the whole team, and what makes this fitting is that our company has been built on scientific innovation and has always exported a significant volume of our products, so these awards reflect the ethos of SureScreen Diagnostics from the very beginning.” Founded in Derby in 1996, SureScreen has been making lateral flow tests for more than 25 years and recent developments include rapid tests for flu, Covid, Strep A and M-Pox. It also makes tests for other applications, including drug and alcohol detection and fertility screening. Mr Campbell said: “Our work during the pandemic has built a strong platform for our company which promises to help millions of people by giving them the ability to take control of their health and diagnose issues early through fast and reliable testing at home or in clinical settings. Reducing waiting times for diagnoses is at the heart of improving healthcare. “Whether it be workplace testing for drugs and alcohol, home wellness screening or infectious disease testing at the GP, we will be ready to help catch issues early and help prevent them before they arise.”

Lincoln-based chartered surveyors snapped up

Begbies Traynor Group, the business recovery, financial advisory and property services consultancy, has acquired BLC No1 Limited, which trades as Banks Long & Co, for a maximum consideration of £3m. Banks Long & Co is a firm of chartered surveyors employing 38 staff in Lincoln and operating throughout Lincolnshire and Humberside. The business will integrate with Eddisons, the group’s property division. The Banks Long & Co team provide commercial property agency, property management, building consultancy and valuation services to a wide range of regional clients including public and private sector organisations, which aligns with the group’s current service offering and strengthens its regional presence across Eastern England and South Yorkshire. In its financial year ended 31 August 2022, Banks Long & Co generated revenue of £2.6m (unaudited) and normalised pre-tax profits of £0.4m (when reported on the same basis as the group). Trading is projected to at least maintain this level in the current financial year to date. It had net assets of £2.1m (including £1.4m cash) as at 31 August 2022. Anthony Spencer, director at Eddisons, said: “I am very pleased to welcome the Banks Long & Co team to Eddisons, which extends our footprint into Lincolnshire and enhances our existing presence in Eastern England and South Yorkshire. “The Banks Long & Co team are highly experienced with a proven track record in delivering high quality professional advice to public and private sector clients. We continue to seek further opportunities for expansion across the UK.” Ric Traynor, executive chairman of Begbies Traynor Group plc, said: “The acquisition of Banks Long & Co is in line with our strategy to develop our property advisory and transactional services division, by increasing both its scale and market position, as well as the scope of its service offering and geographical coverage. “Banks Long & Co has excellent relationships within its local market place offering its clients a broad range of real estate services which they have developed over many years and we are very much looking forward to working with them.”