New Year’s resolutions – seek a fresh PRspective from the media: by Greg Simpson, founder of Press For Attention PR

Greg Simpson, founder of Press For Attention PR, helps you achieve your 2025 PR resolutions. It’s that time of year when we’re making resolutions. Whether health, wealth, or just plain happiness, we’re all at it. How many you’ve already broken… Of course, to do these properly, we need targets or good old ‘goals’ if you prefer and crucially, we need to know where we are starting from. This should be the case with your PR efforts too. You may have a resolution to make a more strategic effort with your PR campaign or perhaps you want to rekindle a campaign that spluttered out a little last year? Perish the thought but maybe you didn’t do ANY PR in 2024 whatsoever. It has been known. As we all know, what gets measured gets managed. So, what might you measure with regards to your PR efforts this year and against what benchmarks? You might look at how many stories you published and issued and how many got used. This is what we call your ‘hit-rate’. How well did you do? For some, the figures will be reassuringly high. I pride myself on a 100 percent hit rate for my clients but that’s my job and I will only release stories I know will get covered and make a difference for my client. You may have different pressures. What about the amount of stories you started but honestly, never finished? Maybe time got the better of you or the moment passed? Perhaps you lacked a decent picture or couldn’t herd the cats into place before the news angle fizzled out? This happens a lot, don’t worry. You might measure how often your pictures got used, whether your quotes were included or check out how many brand mentions you managed to squeeze in. Many people like to consider the cost/value ratio of advertising v editorial. Essentially how much you ‘paid’ in editorial resource via an agency or in-house v how much that same space would cost if bought as an advert. I do not do this, it is pretty much taboo now in PR for various reasons I won’t bore you with, but it might help as ONE metric to consider. Rather than this, I’d measure the tone of the coverage. Go for quality over quantity. Does it portray your business as you would wish? Also, was the coverage in the right place? You can compare all sorts of things and even compare versus your competitors, but the key thing is to go for something you can measure fairly easily that makes a difference to you and preferably you can check quarterly. That way you can address problems or embrace opportunities in a far more timely and effective manner. Finally, do you know what your target media thinks about you? Do they know you? Do they know exactly what you do? That research is incredibly powerful. We are offering the target media audit worth £250 as a free service throughout January and February. Get in touch if you’d like us to help you discover what your target media thinks and knows about you.   A former business journalist, Greg Simpson is the author of The Small Business Guide to PR and has been recognised as one of the UK’s top 5 PR consultants, having set up Press For Attention PR in 2008. He has worked for FTSE 100 firms, charities and start-ups and conducted press conferences with Sir Richard Branson and James Caan. His background ensures a deep understanding of every facet of a successful PR campaign – from a journalist’s, client’s, and consultant’s perspective. See this column in the January issue of East Midlands Business Link Magazine here.

2025 Business Predictions: Vinod Patel, Deal Advisory Partner at BDO LLP

It’s that time of year, when Business Link Magazine invites the region’s business leaders to offer up their predictions for the year ahead.  It has become something of a tradition, given that we’ve been doing this now for over 30 years. Here we speak to Vinod Patel, Deal Advisory Partner at BDO LLP. Whilst macro-economic headwinds have continued to create a difficult trading environment for many regional East Midlands businesses, their resilience and ambition remains unwavering. The region is well known for its strong manufacturing, logistics and technology base and these sectors will continue to evolve in the coming months. Businesses that successfully leverage emerging technologies and automation will attain enhanced productivity and efficiencies. This is increasingly important in a time of labour challenges (availability and cost), tighter budgets impacting operational and capex spend and higher ‘growth’ targets. It goes without saying that the Autumn Budget has definitely added an additional layer of pressure for many businesses; notwithstanding, it has provided a degree of certainty about how the UK and regional East Midlands economy will look in the coming years. Yes, the National Insurance Contribution (NIC) increase will sting for many, undoubtedly impacting on cost bases in 2025. For some, this will result in a reduction in headcount, a pause on pay rises and a freeze on recruitment, amongst other things. What it’s likely to also bring, is a greater examination of pricing strategies (by those businesses that are able to) in response to increased costs. Against what remains a challenging business landscape, the East Midlands region must continue to invest in education and skills development, ensuring that the workforce is equipped to meet the demands of a rapidly changing job market. Local universities and colleges will continue to attract students and researchers, contributing to innovation and economic development. However, this also requires greater collaboration with businesses to provide tailored training programmes, fostering innovation and entrepreneurship. Retention of talent in the East Midlands is also critical and the region’s strategic location certainly offers a varied mix of urban and rural living which appeals to a broad talent pool. This is complemented by affordable housing, high quality education, healthcare and a range cultural and recreational activities. Of equal importance, is the strong transport infrastructure, including major motorways, rail links (although these would benefit from increased investment) and proximity to East Midlands Airport, all supporting increased national and international trade in 2025 and beyond. Overall, there is a growing sense of optimism and excitement for the East Midlands in 2025 and beyond, thanks to a relatively stable base post-election. Additionally, government initiatives and local enterprise partnerships are actively supporting growth through investment in infrastructure, business support services, and skills development. This was evidenced most recently, through the approval of the £160 million East Midlands Investment Zone (“EMIZ”) and East Midlands Freeport investing more than £2 million in the Future Energy Skills Hub (“FESH”). Funding of this nature certainly helps to create a more business-friendly environment that encourages investment and expansion – something that a number of East Midlands businesses and entrepreneurs are focused on in the coming months. Combined with the market expecting interest rate reductions during the next 12 months (likely to be welcomed by many), this may further strengthen appetite for deals – trade, private equity, debt and IPOs. M&A activity could also be triggered by a desire to consolidate, particularly in those markets that are becoming increasingly fragmented and/or facing revenue and margin pressures. In short, investment in people, technology and infrastructure must continue to be the priority, to ensure that the region (society and economy) remains competitive and forward-thinking.

Permanent placements fall at fastest pace for 16 months in the Midlands

The latest KPMG and REC UK Report on Jobs survey, compiled by S&P Global, signalled the sharpest fall in permanent placements since August 2023 in the final month of 2024. Temp billings continued to increase, albeit at a softer rate than that seen in November. Demand for permanent staff continued to fall in December, with the rate of decrease the most pronounced in four-and-a-half years. Concurrently, recruiters suggested that redundancies had contributed to additional candidates being available to work, as indicated by sustained increases in both permanent and temporary staff supply. On the pay front, permanent salary inflation remained modest, and well below the series average. Temp pay meanwhile rose for the second time in three months. The KPMG and REC, UK Report on Jobs: Midlands is compiled by S&P Global from responses to questionnaires sent to around 100 recruitment and employment consultancies in the Midlands. Sharpest fall in permanent placements for 16 months December data signalled a further decline in the number of permanent placements made by recruitment agencies in the Midlands. Staff appointments were reportedly curtailed by hesitancy among firms to hire amid weak business confidence and economic uncertainty. The pace of contraction was marked and the most pronounced since August 2023. At the UK level, the Midlands saw the second-softest drop in permanent placements, behind London. Temp billings across the Midlands saw growth for the ninth consecutive month at the end of 2024. The rise in temporary staff placements contrasted with the UK average which signalled a solid decrease. Panellists noted that the expansion was sometimes due to new client wins. That said, the rate of increase in the Midlands was the softest seen for three months, and modest overall. Permanent vacancies in the Midlands decreased for the seventh successive month during December. Of the four monitored English regions, the Midlands saw the second-sharpest reduction in demand for permanent staff, with the overall decline the most marked since June 2020. With regards to temporary vacancies, the Midlands posted a fourth consecutive decrease in December. That said, the reduction in the Midlands was the softest of the four monitored regions. Stronger rise in permanent staff availability The supply of permanent staff rose again in December, thereby extending the current sequence of increasing candidate numbers to 21 months. Moreover, the pace of growth accelerated from November and was the steepest in 2024. Of the four monitored regions, the Midlands saw the strongest rise. Anecdotal evidence suggested that redundancies in the market had boosted the supply of candidates. Temporary candidate availability in the Midlands increased for the twentieth consecutive month during December. The rate of growth in temp candidate supply eased from November to reach a three-month low. Panellists stated that new candidates had become available in the temporary staff market. The pace of the upturn was the second-strongest of the four monitored English regions, behind the North of England. Permanent salaries rise moderately Permanent starting salaries in the Midlands increased again in December, thereby extending the current sequence of inflation that began in March 2021. The rate of salary inflation quickened slightly from the previous survey period, though remained below the average seen over 2024. The rise in salaries for new permanent joiners was linked to shortages of suitably skilled candidates. The pace of salary inflation was weaker than the UK average. Midlands recruitment firms registered an increase in temp pay rates for the second time in three months in December. The pace of wage inflation was only modest, however. Where temp hourly pay rose, recruiters pointed to the need to hire skilled staff, though this was partly offset by higher candidate availability. Kate Holt, People Consulting Partner at KPMG in the Midlands, said: “While the Midlands saw the second-softest fall in permanent placements in the UK during December, the region’s businesses are still holding back on recruitment against an uncertain backdrop. “A drop in permanent vacancies – the most marked since June 2020 – shows firms are worried about the economic outlook, despite signs of more stable conditions in 2025. “If uncertainty prevails, Midlands firms must consider longer-term solutions to secure the skills they need to grow – whether this means investing more heavily in learning and development for existing staff or adapting their hiring strategies to attract the right candidates.” Neil Carberry, REC Chief Executive, said: “This report emphasises a weak mood in some businesses as they built their budgets for this year, and made changes designed to save on costs after a tough Budget. That said, sentiment can change quickly. Temp billings across the Midlands saw growth for the ninth consecutive month at the end of 2024. “December is always a hiring low point, and a new year brings new hope – with inflation under control, low unemployment and economic growth expected, the fundamentals are better than many appreciate. It is what happens now, as firms return to the market in January, that will decide the path ahead. “Recruitment is one to watch in early 2025 because it is one of the earliest indicators of a broader economic recovery, with any sign of a turn hugely significant with the sector contributing a massive £44.4bn to the UK economy in 2023.”

Derby technology company ends year on a high with £7m turnover

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A Derby-based technology company is celebrating a year of growth and innovation, closing 2024 with a record-breaking £7 million turnover – successfully quadrupling revenue in three years. Alton Valley, based on Pride Park, has grown from a start-up into a trusted supplier of advanced network and security solutions, primarily serving the defence engineering sector. Led by managing partner Carl Hamill, the achievement marks a turning point for the firm, which is now expanding its services across the UK and pursuing new opportunities to partner with organisations operating in mission-critical environments. “We are incredibly proud to close the year on such a high note,” said Carl. “This milestone is a testament to the dedication and expertise of our team, as well as the trust our clients place in us to safeguard their critical systems. We remain committed to innovation and growth as we enter 2025.” Carl added: “Technology evolves quickly, but so do the threats we face. Our ability to anticipate and address these changes is key to our growth. Organisations trust us to provide market leading security solutions, raising industry standards and we are honoured to be their partner in navigating these challenges.” Supporting this ambitious growth strategy is newly appointed Jacob Watts, Alton Valley’s key growth partner. He said: “I’m thrilled to be part of such an accomplished group and deeply impressed by everything they’ve achieved so far. Joining a team with this level of expertise is incredibly exciting and provides a strong foundation to drive continued growth and success. “Our focus is not only on advancing technology but also on identifying new opportunities to enhance our services and deliver value to a broader client base. This record-breaking year demonstrates our ability to grow while maintaining the exceptional quality Alton Valley is known for. “As we expand into new sectors, our goal is to create even more opportunities for collaboration, ensuring businesses across the UK can benefit from our expertise and innovative solutions. This achievement motivates us to build on our success through sustainable growth.”

OHEAP Fire and Security begins 2025 with merger

Derby-headquartered OHEAP Fire and Security is merging Risk Assessment Solutions into its range of fire protection, security, and training services, enabling it to offer a holistic safety risk management solution to all its customers. The merger will include services such as health and safety training, risk assessments, and compliance documentation management in the OHEAP Fire and Security portfolio. This gives customers easier access to a full range of protection services. Nicholas Heap, Managing Director of OHEAP Fire and Security, said: “We are delighted to be able to add additional, critical services to our portfolio as we bring Risk Assessment Solutions under the OHEAP umbrella. “It means we can provide a wraparound protection and risk management solution for our customers, giving them peace of mind as they focus on their day jobs. This latest growth means we can better support the Risk Assessment Solution customers with a wider array of services to help them grow safely and securely.” Nicholas concluded: “We are committed to ensuring we are the best people to help you protect your business or organisation, whether this is through additional services, the best people or the highest quality service. We aim to make OHEAP the protection partner of choice.”

Nottingham marketing and PR agency kickstarts 2025 with new office

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Nottingham-based marketing and PR agency V Formation has marked the start of 2025 by moving into a new office in the city’s Lace Market. The Penthouse at Bridlesmith Walk accommodates its team of 13 marketing and PR professionals and business support staff as well as providing space for further expansion. Led by directors Hilary Campton and Sue Carr, V Formation has demonstrated consistent and sustained growth since it was established in 2007. Over the last two years, the team has continued to expand, with four strategic hires made to support the company’s increasingly diverse portfolio of clients. “Our move to a larger base in the heart of Nottingham’s Lace Market marks an exciting new chapter for V Formation,” Hilary Campton says. “Having recently grown the team, we needed a more flexible, collaborative space that facilitates creativity and allows room for further growth. The Penthouse is the ideal fit, and we look forward to welcoming our clients to our new home here in the city centre.” Sue Carr adds: “We are delighted to reach this next milestone in V Formation’s journey. The new office not only reflects our growth but also reinforces our commitment to providing an environment that fosters personal and professional development, team wellbeing, and continuous learning. “From our new base, we look forward to supporting existing and new clients, developing and implementing marketing and PR strategies that deliver tangible results.”

Sale to be explored for Leicestershire caravan retailer

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Leicestershire caravan retailer Ryedale Caravan & Leisure has instructed PKF Smith Cooper to assist with undertaking a review into the business’s current financial position and options available, along with pursuing a marketing strategy in an attempt to find a purchaser of the business. Brett Barton and Dean Nelson, Business Restructuring and Recovery Partners at PKF Smith Cooper, are actively engaging with the directors to achieve a successful rescue. Based in Shepshed, Ryedale Caravan & Leisure is one of Leicestershire’s largest caravan and motorcaravan dealerships, headed up by directors Andy Iliffe, Steve Morris and Dave Steer, who have more than 90 years’ experience combined in the trade. In addition to selling new and used caravans and motorhomes as well as caravan accessories, the Leicestershire company owns a caravan repair workshop and is one of the Midlands’ leading insurance repair specialists. The Ryedale Caravan & Leisure dealership is situated on a 2-acre site just north of Leicester. Commenting on the situation, the directors of Ryedale Caravan & Leisure said: “We are working with Brett Barton and Dean Nelson from PKF Smith Cooper, who are assisting us in reviewing the Company’s options and aiding with the marketing of the business for sale.”

£5.4m Nottingham College Centre for Supported Learners reaches completion

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Midlands contractor, G F Tomlinson, has completed works for the pivotal new centre for Students with Learning Difficulties and/or Disabilities (The Gateway) at Nottingham College’s Basford campus. The Gateway is a new two-storey building providing bespoke facilities for students with learning difficulties and/or disabilities (SLDD). Opening to students in February 2025, it comprises 13 classrooms, a teaching kitchen, dining area and ancillary spaces across a gross internal floor area of 1,350m2, as well as associated external works to the grounds. A major build for the Nottingham College portfolio, The Gateway was procured via Pagabo’s Medium Works Framework and is one of two major new additions to the college’s Basford campus that G F Tomlinson has worked on this year. The contractor completed the Construction Skills Centre (CSC) in November – a new build specialist facility offering flexible teaching and learning spaces to help meet the growing need for training for construction skilled trades in the local area. Both buildings are designed to align with the Department for Education’s (DfE) output specification and support the sustainability ambitions of Nottingham College, working towards becoming carbon zero by 2030. G F Tomlinson provided £2.1m of Social Value Added opportunities for the local community. This included organised site visits, regular newsletters and career talks with students from the college. 791 local student engagements, 187.5 hours of work experience placements and 48 apprentice weeks equating to 1,804 apprentice hours were provided. Other social value initiatives included partnering with local SME’s Eastledge Ltd, JR Howitt Decorators, Morecroft Electrical Ltd, Optimus Architectural Ltd, SDS Metalwork, Telling Finishings Ltd, Vision Joinery Ltd and William Bailey Ltd where they collectively made a much-needed contribution to the Remar Nottingham Community Kitchen Foodbank, donating £300 worth of essential food items to assist local families in need. The scheme incorporates several sustainability elements such as the installation of 106 PV panels, four air source heat pumps and high spec insulation meaning the new building needs much less energy to heat, and water wastage will be reduced due to state-of-the-art tap and plumbing solutions. During the project, 774 miles were driven using low-emission vehicles and 79% local labour and 76% local spend was achieved within 20 miles of site. 1.5 tonnes of waste materials were rescued from the waste stream and 100% of site waste was recycled, aligning with the target of offsetting carbon during the project, in line with the Government’s Net Zero agenda. Adrian Grocock, Group Managing Director of G F Tomlinson, said: “Building on our extensive experience within the Education sector, we’re pleased to have completed two pivotal educational schemes for Nottingham College, procured through the Pagabo National Framework for Medium Works. “The Gateway will provide much-needed facilities to support the learning and development of SLDD students at the Basford campus, and alongside the Construction Skills Centre (CSC), we’re delighted to have played a critical role in bringing these landmark buildings to fruition.” Carl Ara, Assistant Principal – Basford, said: “We are delighted with the new facilities at The Gateway, a purpose-built, dedicated space designed to support our students with learning difficulties and/or disabilities. This exceptional facility includes a wonderful outdoor sensory garden for students to enjoy, offering a calming and engaging environment. “The interior spaces are currently being designed, and we are thrilled about the creative and functional features being incorporated. Once complete, The Gateway will be an inspiring, inclusive space where our supported learning students can truly thrive and reach their full potential.” Adam Brumfitt, East Midlands Regional Delivery Manager at Pagabo, said: “Having supported the client in navigating the challenges associated with the procurement of these projects including tight timescales, the outcomes resulting from the appointment of GF Tomlinson for both projects via our Medium Works framework are great to see.”

Edge-of-town office letting makes a splash

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Salloway Property Consultants have let a well-known office/headquarters premise on one of Derby’s key connecting routes. The property, a detached 10,400 sq ft office building located on Sir Frank Whittle Road/Stores Road, was originally leased by Barclays Bank plc as a banking centre but was more recently occupied by the Department for Work and Pensions for use as a Job Centre, thanks to a previous letting secured by Salloway in the midst of the Covid-19 pandemic. The new tenant, MWH Treatment Limited, part of the RSK Group, are a provider of water, wastewater and environmental services across the UK. They have taken a new lease of the property as part of a strategic relocation and in order to enable them to create their own new regional headquarters, capable of accommodating their growing team and allowing for more collaboration, advanced technology integration and an enhanced working environment which aligns with the company’s forward-thinking ethos and business objectives. Valery Shchukin, Project Manager at MWH Treatment Limited, said: “We are thrilled to announce our move to this exceptional new facility and extend our heartfelt thanks to Salloway Property Consultants and the landlord for their unwavering support throughout the process. “The seamless transition has allowed us to remain focused on what matters most – our team’s future. With its strategic location, modern design, and spacious layout, this new regional headquarters is perfectly tailored to support our growing team. “Designed to foster collaboration and innovation, the space, enhanced by minor refurbishment and IT upgrades, provides the ideal environment for our expanding team and long-term vision.” Hugo Beresford, Associate Director at Salloway Property Consultants, was the agent responsible for the deal on behalf of his private pension fund client. Beresford said: “This letting represents one of, if not, the largest single office letting which occurred within Derby in 2024 and I am delighted that I was able to negotiate and agree terms with such a high-quality tenant. “I wish MWH all the best with their new premises, which I am sure will be perfect for their purposes. They have significant plans for the building which I look forward to seeing come to fruition.” The landlord was represented by Hugo Beresford (Salloway Property Consultants) working alongside Philippa Edwards (Edwards Clegg Solicitors), and the new tenant was represented by Land Law LLP.

Next phase of development takes step forward at Vesuvius Worksop

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CEG has instructed a £2 million construction contract to deliver highway infrastructure works which will facilitate the next phase of development at the Vesuvius development in Worksop. The latest works will include an extension of the existing spine road, construction of a new roundabout and connections to all utilities. As well as providing access for the local bus service into the site, this will release the remaining sixteen acres of development land. As a result, a deal has been secured for an acre of land to Admirals Yard Self Storage which will deliver a new secure storage facility. Rob Sadler from Admirals Yard said: “Admirals Yard Self Storage is pleased to announce plans for a new personal and business storage facility on land adjacent to Asda and the new Fire Station.” Antonia Martin Wright, Director of Commercial Development at CEG, said: “The quality of the first phase has ensured this is the prime industrial and business location in Worksop. “This latest phase of infrastructure work will provide serviced land for development and I’m pleased to welcome Admirals Yard Self Storage to the site. We are marketing design and build development opportunities from 10,000 sq ft upwards and welcoming engagement from occupiers on all commercial basis.” The 20-week programme of works will commence in January and will be delivered by Caddick Civil Engineering. DTRE and FHP have been appointed as agents to market the site. Rob Kos, Associate Partner at DTRE, said: “This latest phase of works continues to demonstrate CEG’s commitment to the scheme and by spring next year there will be two serviced and development-ready plots for local businesses. “We are currently having a number of positive conversations with occupiers and purchasers alike and as there is such a shortage of well-located supply we expect to announce more deals imminently.” Vesuvius is CEG’s regeneration of a 45-acre brownfield site close to the M1 and A1(M). A 70,000 sq ft ASDA food store opened in 2020, followed by Travis Perkins and Nottinghamshire Fire and Rescue’s £3.4m new fire station. CEG speculatively delivered the first phase of 16 light industrial units in summer 2021. These were let to a range of occupiers including Kitchen Craft, Escape Hot Tubs, Rother Valley Optics, electric vehicle charging specialist PowerPoint and Shark Eye’s research and design centre. There are also three food and beverage units at the site, including Burger King.

Topps Tiles returns to sales growth

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Leicestershire tile specialist Topps Tiles has returned to sales growth in the first quarter of its new financial year. Group sales in the 13 weeks ended 28 December were 4.6% higher year-on-year, with sales in the most recent five-week period up 12.9% year-on-year. The sales improvement in the first quarter was driven by the ongoing strengthening of the group’s trade offer.

Rob Parker, Chief Executive, said: “We are pleased to see the Group return to sales growth in the first quarter of the new financial year, supported by our strong trade offer and continued strategic progress, particularly with our digital and omnichannel growth initiatives. 

“Whilst it is early in the financial year and macroeconomic indicators remain mixed, we are pleased that our growth strategy is delivering strong results, which leaves us well positioned to deliver our goal of Mission 365.”

The results come as Topps Tiles CEO, Rob Parker, has shared his plans to retire from the business after 18 years. Rob joined the group in 2007 and served as CFO for 12 years before becoming CEO in 2019. The search process for a new Chief Executive Officer has commenced.

Rob will remain in post until an appropriate successor has been appointed, which is expected to be towards the end of 2025.

Paul Forman, Chairman, said: “Rob has made an enormous contribution to the development and success of the business over the last 18 years. During his time as CEO, he has overseen a period of significant diversification and growth of the business, and has led the Group through a particularly volatile period for the UK economy, including the Covid pandemic.

“He will leave with the Group well-positioned and we are grateful for his continuing leadership and commitment while we complete a managed transition to his successor. On a personal note, I would like to thank Rob for the support, professionalism and insight he has given me as a newly appointed Chair.”

2025 Business Predictions: Robert Cole, Managing Director, Mather Jamie

It’s that time of year, when Business Link Magazine invites the region’s business leaders to offer up their predictions for the year ahead.  It has become something of a tradition, given that we’ve been doing this now for over 30 years. In this edition we get insight into the future for farmers, land and property owners from Robert Cole, Managing Director of specialist land development and property consultancy Mather Jamie. My predictions all relate to the challenges presented by changes announced in the recent Budget. Without wishing to sound too negative, I don’t think their implications have been thought through and certainly not fully understood, because at the moment, rather than being growth orientated, they are potentially disincentivising growth. So, I think we will continue to see increasingly vociferous and even more demonstrative appeals from farmers and business leaders for a rethink on these policy decisions – because literally their business and the future of their employees and family members are at risk! As a result, I also predict that banks will begin to get nervous about lending so freely into the agricultural sector, which in turn will stifle growth. Furthermore I predict further challenges will arise in the supply of residential properties in the rental market following the changes to stamp duty, and the increase in employers national insurance and the living wage will dampen employment opportunities as inflationary pressures impact wages across the entire salary scale. To put these predications into context, let’s consider landowners who are usually also farmers and the implications of the proposed changes to Agricultural Property and Business Property Relief. Whilst they may well be classified as wealthy on paper due to the value of land, we should remember they also rely on this land to earn a profit with average returns in the sector amounting to less than 1% of the capital employed, and it’s an asset that only has value when sold. Jeremy Clarkson might not be the best example to reference, but he has at least highlighted how hard farmers must work and how easily bad luck and weather can scupper the anticipated profits! We have increasingly seen how making a profit relies on diversification of farming businesses and/or investment in building a larger enterprise are key to creating the economies of scale necessary to deliver the return on investment needed to ensure a sustainable future. This Budget has sucked the life blood out of agricultural ambitions for our aspiring young farmers. This example underlines my point: Farmer A is aged 75, he decides he’s going to give a housebuilder an option to buy some land, with the ultimate aim of re-investment of any proceeds for future generations. At this point it is just an option – the builder can’t do anything yet as they need planning permission which may take years to approve. But because there is interest from a builder the value of the land has already increased – we call this ‘hope’ value, because whilst it increases the overall asset value of the estate there is no value until the land is sold. However, should ‘Farmer A’ die having granted an option to a house builder or promoter, under the new IHT rules that take affect from April 2026, an inheritance tax liability is triggered immediately based on this inflated value of the estate – even though there is not yet any tangible financial gain nor necessarily will there ever be. So herein lies the disincentive – where do the beneficiaries get the cash to pay the tax bill that will now be due post April 2026? Disincentives like this will not serve the Chancellor in delivering £1.5m homes in this parliament. It is clear that neither buying land to build a bigger enterprise or selling land where risk is attached through planning uncertainty, to create accessible wealth and family legacy are now not as attractive an option. I think this is going to lead to a lack of agricultural sector growth and investment because farming families will be more reluctant to build a legacy that ultimately burdens their beneficiaries with a tax bill they can’t pay. We will not see the full impact of this in 2025, but the affect thereafter could be very damaging for the UK’s agricultural industry and to our food security. To compound this, changes to Stamp Duty Land Tax will impact the rental market. I predict that we shall see more second properties being sold because they are no longer such an attractive investment. Whilst on the face of it this may mean more houses for sale, the knock-on effect will impact supply and push up the rents for private rental properties – delivering a double whammy to people whose only option is to rent because they are unable to get on the housing ladder – and potentially also add burden to the social housing bill! Whilst these are certainly worrying challenges, at Mather Jamie our job is always to work with landowners/farmers and businesses to find solutions and deliver positive outcomes and so I am trying to also be optimistic that these policies will be revisited, and the Government’s vision of economic growth will be achieved. Beware the unintended consequences of political ideology.

6 reasons to hire a marketing video production company in 2025

Effective video marketing is only becoming more and more essential, so it’s important to do it well in 2025. Here are some key reasons why you should consider hiring a professional marketing video production company to promote your company effectively. Brand image and reputation Creating videos on a phone, low-budget camera, or without professional videography knowledge, will lead to amateur looking videos – which damages your brand image and reputation. Conversely, a marketing video production company, such as Glowfrog, will create high quality videos that are more pleasing for customers to watch, enhance your brand credibility, and are ultimately more effective in achieving sales. When you hire a marketing video production company you get the very best in lighting, image quality, specialist equipment, experience and understanding, audio quality, professional editing, and much more. If you want your company to have a strong brand image and reputation, and you want to use videos within your marketing efforts, it is essential to hire a professional production company. Cost benefit You may think you’ll save money if you create videos on your own – but this actually costs you more in the long run. Similarly to the previous aspect, the damage this can do to your brand reputation can harm sales and ultimately cost a lot more overall than if you had hired a professional company to create much more enticing and higher quality marketing videos. Great return on investment Your ROI for this form of marketing will be determined by the quality of your videos and how effectively your message is conveyed. Let’s look at an example to illustrate the ROI you might achieve. If the product or service being promoted sells for £30, and the promotional video is seen by 30,000 potential customers, just a 1% conversion rate from the video advert would create sales of £9,000. Assume roughly gross profit from that of £4,500. The professionally produced video might cost around £1,500 to create and promote. That’s potentially £3,000 gained, even on this relatively low-cost product. Another example: Product sells at £50, video is seen by 50,000 potential customers, 0.8% conversion is £20k sales. £10k gross profit. Video creation and promotion around £2.5k. You’re left with around £7,500. Of course, you may be promoting a higher or lower priced product/service, and you may convert more or fewer potential customers, so results vary – but you can usually generate a lot of extra revenue with a professionally-made marketing video. Staying relevant Over the last few years, there has been a 63% increase in the number of businesses that use video as their primary form of promotion.[1] If you aren’t keeping up with your competitors and staying relevant by posting slick, well-produced videos, your company is at a serious disadvantage. Video is not only a great means to inform people about why they should buy your products or services, but you now actually need to be posting great videos to even get noticed amongst the competition. Don’t get left behind. To achieve high quality, you should really consider hiring a production company. Boost your sales Seeing your product in action, or a video about how your service works, makes potential customers much more likely to buy. Video is naturally much more enticing and engaging for a viewer, as compared with still images. Unsurprisingly, around 8 in every 10 professional marketing videos have a positive impact on conversion rates and sales figures.[3] In fact, your website visitors are over 80% more likely to buy after watching a high-quality promotional video.[4]
  Effective time management By hiring a professional marketing video production company, you can save a lot of time (and cost). You and your team’s time costs money. Not only can you free up your time and assign other tasks to staff, you will end up with much better quality and more effective videos, as compared to if you had your team create them using low-budget equipment and little videography knowledge. Which video production company should I choose? There are many to choose from but it’s wise to hire a video production company that specialises in video marketing and corporate videography, such as Glowfrog. This way, you know they have the skills necessary to do an effective job for your business. You can get an instant price estimate and find out more at www.glowfrogvideo.com.   Sources: 1. WyzOwl.com 2. TheSocialShepherd.com 3. G2.com 4. Wix.com

Digital marketeers make a flipping great difference to the community

A digital marketing agency has marked its fifth year in business with a string of charitable donations, making 2024 its most generous so far. Alphageek Digital, based in Friar Gate, has shown its commitment to the local community by supporting a range of organisations from fun-filled community events to grassroots sports sponsorships. And the firm, which is run by its three founders, Art Lindop, Kieran Flynn and Alex Mills, has not just made financial donations, staff have rolled up their sleeves and helped out too. In February the company went head-to-head with other firms in an annual Shrove Tuesday pancake race raising money to support the health and wellbeing of residents at YMCA Derbyshire. And over the summer Alphageek helped a much-loved children’s charity carry on camping after stepping away from their keyboards and into the countryside for a week. A team volunteered at the long-running Derby Kids’ Camp, which provides free camping holidays in the beautiful Peak District to hundreds of children who might not otherwise get a break. The organisation has also sponsored Belper Rugby Club, Southwingfield Cricket Club and Sleetmoor United, based in Swanwick, and provided football kits for a team at St Alban’s Catholic Voluntary Academy, in Chaddesden. Managing director Art Lindop said: “During 2024, we’ve focused on giving back to causes that resonate with our values and make a real difference to the people of Derby and Derbyshire. “We are committed to doing the right thing and flying in formation – so working collectively to support grassroots organisations in Derby and Derbyshire aligns perfectly with our vision. “Engaging in CSR activities allows us to go beyond profits and make a positive difference in society. I think a real highlight for the team was helping out at Derby Kids’ Camp. Everyone is passionate about giving children the best start in life and it’s a sad reality that some young people don’t get the same chances as others, through no fault of their own. “Having a holiday is so important for children but it’s something that not every family can manage to provide – for whatever reason. Derby Kids’ Camp is doing such a great job in helping hundreds of children each year to get a week’s break and we were really happy to be able to help out.”

Organisational culture survey shows mismatch between behaviour and policies

A large-scale survey on organisational culture by Nottingham Business School has suggested that there is a significant mismatch between the advertised values and policies of UK companies, and how employees behave on a daily basis. Organisational culture focuses on how people within a company think, feel, and behave, and can have a significant impact on achieving strategic ambitions. Its intangible nature means it is traditionally hard to define and measure. In the first study of its kind on the topic, more than 1,170 UK managers and employees from large and small-to-medium sized organisations across a range of sectors were questioned on cultural alignment; diversity, equality and inclusion; wellbeing; and opportunities to improve company culture. Just 18% of employees feel their organisation’s stated values or external image is very aligned to the current culture, while a quarter (25%) believe that the behaviour of their leader does not reflect values portrayed externally. The results also showed that only half of employees feel like the day-to-day behaviour at their organisation aligns with diversity, equality and inclusions policies. Just 49% said that there is a strong alignment, with a third (35%) expressing that there are inconsistencies. Although almost a quarter (24%) stated that their current culture does not support inclusivity, 76% said that it actively encourages positive choices or behaviours and discourages negative ones. In relation to wellbeing, more than one third (38%) thought that the current culture does not promote wellbeing and 31% expressed that their organisational culture doesn’t promote ethical choices and behaviours. In 28% of cases, respondents said that unethical choices or behaviours are allowed or overlooked. Dr Zara Whysall, lead researcher and Associate Professor of Business Psychology at Nottingham Business School, part of Nottingham Trent University, said: “Recent years have seen an amplification of interest among regulators and business leaders in the impact of organisational culture on company performance, ethical conduct and other important outcomes such as inclusion. “When you walk into an organisation, you soon get a sense of the type of organisation it is: how to behave, what is acceptable, what is frowned upon, what matters, and what doesn’t. You don’t need to read its corporate values or mission statement. “We can see from these findings that writing mission statements, creating sets of corporate values, policies and procedures does not influence or reflect culture unless these aspirations are embedded into behaviours. “Without this, you get cultural misalignment, a mismatch between the values espoused by an organisation and the way that employees operate day-to-day. The results from this study show that cultural misalignment is widespread in UK organisations, which is very concerning. “However, the results were more positive when it came to the opportunity to improve culture, with 59% of people feeling that their organisation is close to where it needs to be, showing that many workplaces need a cultural evolution, not revolution.” Associate Professor Whysall has released a free white paper Shift Happens: Strategies for Organisational Culture Evolution to help leaders, managers and HR practitioners understand the importance of culture and how it helps and hinders business. The paper gives practical examples and advice on measuring and navigating culture change.

New agreement to accelerate regeneration of Northampton’s Greyfriars area

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A key partnership to regenerate the Greyfriars area of Northampton Town Centre has been strengthened further with a new Development Management Services Agreement (DMSA). West Northamptonshire Council has entered into the DMSA with ECF – a joint venture between Homes England, Legal & General and Muse –  the latest step to accelerate the work and setting expectations that a formal Development Agreement will be signed by Summer 2025. ECF has already been working with the Council to explore and shape planning, delivery, and funding for Greyfriars. The DMSA enables ECF to develop more detailed strategies ahead of entering into a Development Agreement. The Greyfriars regeneration area totals 25 acres and includes the former Greyfriars Bus Station, which was demolished in 2015, as well as the Mayorhold and Victoria Street Car Parks, Corn Exchange, Belgrave House, and East and West Islands. The vision, which has been developed by West Northamptonshire Council, seeks to re-imagine several derelict buildings with exciting new uses. The Corn Exchange will form an arts and culture hub, whilst Belgrave House provides opportunities for an innovative workplace and business incubator. The regeneration will also include a new outdoor Amphitheatre to anchor landmark new public spaces. New homes will support a vibrant new neighbourhood, alongside shops, cafes, and restaurants as part of a dynamic new place. New residents and visitors are expected to spend an additional £21m in Northampton which will help drive the economy of the entire town centre. As many as 7,000 full time equivalent jobs could be created during construction, generating a further £1 billion in economic value. Cllr Dan Lister, Cabinet Member for Local Economy, Culture and Leisure at West Northamptonshire Council, said: “It is great news that we’re able to enter this Development Management Services Agreement with ECF, marking a significant step forward in the regeneration of Greyfriars. “This partnership underscores our commitment to transforming Northampton Town Centre into a vibrant, dynamic space that will benefit residents, businesses, and visitors. “The vision we have for Greyfriars is ambitious and transformative, and with ECF’s expertise, we are confident in delivering a project that will drive economic growth, create jobs, and enhance the cultural offering for community. “We look forward to seeing the positive impact this regeneration will have on Northampton and sharing more exciting developments with the community as we progress.” Maggie Grogan, Managing Director – Midlands at ECF, said: “Since announcing our partnership with West Northamptonshire Council, we’ve been working closely and collaboratively to explore potential delivery solutions for Greyfriars. “We see clearly the opportunity Greyfriars presents and have made real progress. Entering a DMSA will accelerate our work and further strengthens our approach. We expect 2025 to be an exciting year and look forward to sharing more with the community in due course.”

Customer communications provider swoops for Leicester counterpart

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Mail Metrics, a customer communications technology provider serving financial and regulated industries, has acquired Adare SEC, a leader in multi-channel communication management. This strategic move accelerates Mail Metrics’ expansion into the UK market while solidifying its reputation as a trusted provider of digital and printed communication solutions. Mail Metrics has achieved remarkable growth in recent years, with revenue growing from €1 million in 2019 to a projected £175/€210 million proforma in 2024. The acquisition of Adare SEC, which operates from sites in Huddersfield, Leicester, and Glasgow, increases Mail Metrics’ workforce from 150 to 600 employees, and marks the company’s fourth acquisition in four years. As part of the deal, MML Growth Capital Partners Ireland has invested a substantial amount in Mail Metrics for a minority stake. The deal is also backed by Bank of Ireland and AIB. Nick Keegan, Group CEO UK & Ireland, Mail Metrics, said: “This is a landmark day for Mail Metrics as we welcome Adare SEC into our group. Tony Strong and his team have built an exceptional business with a stellar reputation in the market. “This acquisition is a natural step in our scaling journey, combining our strengths to deliver innovative and compliant communication solutions for our growing client base across the UK and Ireland. “I would like to extend my gratitude to our financial backers who have made this deal possible. MML Ireland, our new private equity partner, and our banking partners at Bank of Ireland and AIB have provided invaluable support throughout the process. “Their collective confidence in our vision and commitment to this acquisition has been instrumental in bringing us to this successful outcome. “Additionally, I would like to thank Clearwater, our corporate finance advisors, for their advice, and unwavering support throughout the entire process.” Chris Walsh, Investment Director at MML Ireland, said: “MML is delighted to back Nick and his team in this landmark acquisition. Mail Metrics has built a brilliant, customer-focused business underpinned by its own technology. “The deal brings together two of the leading providers of critical customer communications in the UK and Ireland and we look forward to working with the combined Mail Metrics and Adare SEC team to bring out the best of both businesses and to support them on their continued growth journey.” Tony Strong, CEO of Adare SEC, said: “This is a fantastic next chapter for the business and I greatly look forward to working with Nick and the team to ensure a seamless transition. “These are exciting times, and the future looks extremely bright. I want to echo Nick by also thanking our advisory teams EY and Pinsent Masons who have been invaluable during this process.” Adare SEC’s former Chairman, Peter De Haan, who has owned the company since 2000, will be retiring following the sale. He remarked: “We are immensely proud of all we have achieved under the Adare SEC banner, and we knew that the sale of the company had to be to a business with the same expertise, ambition and deep respect for the industry. “Mail Metrics is a perfect fit, and the growth to date of the business showcases the talent of Nick and the team. I want to thank Tony Strong and all Adare SEC colleagues across our Huddersfield, Leicester and Glasgow sites for their incredible work in driving the company forward, and I wish the new venture every success.” Jeremy Harrison, EY M&A Partner, said: “It was a pleasure acting for the shareholders and management of Adare SEC on this sale. Adare is a highly respected and trusted brand in critical customer communications and the combination with Mail Metrics software-led solutions should enable both to prosper greatly in the future.”

Clegg Construction names new commercial director

Contractor Clegg Construction has strengthened its board with the promotion of Dan Manley to commercial director. Dan, who joined the business in July 2021, had been internally responsible for managing the commercial department, and now formally takes over the board-level commercial and risk management duties within the business. Working alongside pre-construction director, Ross Crowcroft, and operations director, Darren Chapman, and reporting to managing director, Michael Sims, Dan will provide key input into business strategy and oversee system changes and improvements. His role includes managing the surveying teams and resources – ensuring the Clegg Construction surveying team provides fair, accurate and real-time cost information to clients, and maintaining good relations with the company’s supply chain. Managing director of Clegg Construction, Michael Sims, said: “I am delighted to announce the appointment of Dan Manley as commercial director of Clegg Construction. “His appointment strengthens our board team as we launch into 2025 with our newly refurbished offices and an encouraging pipeline of work across a range of different sectors, and spread throughout the East Midlands, Yorkshire and East Anglia. “On behalf of the team at Clegg Construction, I would like to congratulate Dan on his new role and welcome him to the board.” Dan has wide experience in main contracting, having worked in the past with the likes of GF Tomlinson and McLaren before joining Clegg Construction three and a half years ago. Dan, who enjoys spending time with his children and following motor racing and football outside of work, said: “I am very excited to be beginning the latest stage in my career with Clegg Construction. “The company has a great reputation in the sector, and I am proud to have been appointed as commercial director, supporting my fellow directors as we look forward to the future.”

Salloways secures surrender and new lease for industrial unit

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As part of a flurry of completions to finish off 2024, acting on behalf of retained clients, Salloway Property Consultants negotiated a deal which has seen the existing tenant’s lease surrendered and at the same time a new 10-year lease entered into with a new tenant. Unit 17 Enterprise Way comprises a detached 5,500 sq ft industrial/hybrid unit which had been occupied by long standing tenants, Hydratight, prior to their relocation. Whilst Hydratight had vacated the property, they were still bound by the terms of their lease which had just over 12 months remaining until expiry. Consequently, in conjunction with the tenant’s agent, JLL, the terms of a surrender were agreed. In conjunction with this surrender, a new tenant was identified and the terms of a new lease were agreed with global risk management and business solutions firm Risktec, who are part of TUV Rheinland UK Ltd. Chris Keogh, Director at Salloway Property Consultants, who acted on behalf of the Landlord, said: “This was a relatively complicated deal to structure, with the timing and sequence of events ultimately proving to be key to ensure that the surrender of the existing lease and the grant of the new lease occurred simultaneously. “Whilst there were a few obstacles to overcome during the transaction process, thankfully, we were able to get the deal completed prior to the festive break.” The landlord was represented by Chris Keogh (Salloway) and Lisa Poole (Gunnercooke), with Max Hearfield (JLL) and Karl Lynch (Ward Hadaway) acting for the former tenant and the new tenant advised by Mark Canning (Canning O’Neill) and Sarah Cowen (Myerson).

Journeo awarded £1.4m contract as part of council’s bus improvement plans

Journeo, an Ashby-de-la-Zouch-based provider of information systems and technical services to transport operators and local authorities, has secured a £1.4m contract for the supply and support of real time passenger information technology and software with Stoke City Council as part of its £10m Bus Service Improvement Plan, funded by the Department for Transport.

The contract extends the provision of digital access to scheduled and real time departure information across the city’s transport network and includes delivery, installation and maintenance of Journeo’s latest double-sided Thin Film Transistor (TFT) displays to key transport corridors within the region, to further support the promotion of public transport services.

The TFT displays will include discreet, pinhole CCTV to protect the assets and improve safety for lone passengers, and those travelling at night.

Journeo will also be supplying innovative infrastructure-free real time information QR codes, which enable passengers with an internet connected device to scan a code to receive the latest dynamic scheduled and real time passenger information.

Russ Singleton of Journeo said: “We are delighted to continue our relationship with Stoke City Council. Not only will residents and visitors to key transport corridors benefit from the enhanced experience of safe public transport coupled with real time departure information, our innovative solutions are helping our customers better understand where to target future investment to get the most value.”