Clowes appoint Fisher German as joint agents at Fairham Business Park

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James Richards, development director at Clowes Developments (UK) Ltd, has appointed Fisher German as joint agents with FHP Property Consultants at Nottingham’s brand-new commercial development, Fairham Business Park. Joint agents will be marketing design and build opportunities ranging from approx. 44,000 sq ft to 120,000 sq ft on a leasehold or freehold basis. Situated in Fairham, the flagship new neighbourhood just minutes from the centre of Nottingham, Fairham Business Park offers one million square feet of purpose built commercial space. Recently, international property investment and asset management company, Hines took ownership of three stand-alone industrial/distribution units with warehouse and ancillary office space totalling 260,000 sq ft. Additionally, Clowes and their lead construction contractor, TanRo have recently achieved practical completion on a custom built 56,000 sq ft facility for clients, Scientific Laboratory Supplies. Despite such heavy investments, there remains ‘design and build’ opportunities ranging from 44,000 – 120,000 sq ft units on an all enquires basis. Rob Champion, partner at Fisher German, said: “We are delighted to have been appointed to act as joint agents alongside FHP on this high-profile business park. “Fairham Business Park is extremely well located and represents a nationally significant development in which global, national and local businesses can thrive supported by first rate public transport and road links as well as being part of the wider Fairham community which will be an exemplar sustainable mixed-use development.” Tim Gilbertson, director at FHP Property Consultants, added: “The four buildings disposed of so far on Fairham have given us a flying start to the scheme, with over 300,000 sq ft built and our first couple of occupiers fitting out at present ready to move in. “Still though we have plenty of space available to take advantage of what is one of the finest sites in the East Midlands, offering fantastic transport links and accessibility but also for those Nottingham centric companies a scheme and location which is outside of the City Council’s Workplace Parking Levy. “Having the ability to offer buildings both to purchase and rent is a massive advantage, and as we can accommodate distribution, industrial and office uses on the site, I am sure we will have plenty more good news to report shortly. Indeed, we already have ongoing detailed discussions with three more potential occupiers who are looking at the design and build route and hopefully we will bring further good news soon.”

Rolls-Royce in final six for nuclear reactor design contest

Rolls-Royce at Derby is one of six companies selected to submit designs for the next generation of nuclear reactors for development of this innovative technology. Along with EDF, GE-Hitachi Nuclear Energy International LLC, Holtec Britain Limited, NuScale Power, and Westinghouse Electric Company UK Limited they’ll submit designs in the government’s plan to revive nuclear power and for the UK to lead the global race to develop cutting-edge technologies to deliver cleaner, cheaper energy and greater energy security. The government’s ambition is for up to a quarter of all UK electricity to come from nuclear power by 2050. Unlike conventional nuclear reactors that are built on site, SMRs are smaller, can be made in factories, and could transform how power stations are built by making construction faster and less expensive. The designs chosen are considered by the government and Great British Nuclear – the government-backed body driving forward nuclear projects across the country – the most able to deliver operational SMRs by the mid-2030s. The next stage of the process will be launched as soon as possible where successful companies will shortly be able to bid for Government contracts. The ambition is to announce in Spring 2024 which of the six companies the Government will support, with contracts awarded by Summer 2024.  This timetable aims to make this competition the fastest of its kind in the world. As well as backing SMRs and other emerging nuclear technologies, the government is also investing in the large-scale project at Sizewell C, a near exact replica of Hinkley Point C, the first nuclear plant to be in construction for over a generation. Energy Security Secretary Claire Coutinho said: “Small Modular Reactors will help the UK rapidly expand nuclear power and deliver cheaper, cleaner, and more secure energy for British families and businesses, create well-paid, high-skilled jobs, and grow the economy.

“This competition has attracted designs from around the world and puts the UK at the front of the global race to develop this exciting, cutting-edge technology and cement our position as a world leader in nuclear innovation.”

Minister for Nuclear and Networks Andrew Bowie said: “This programme provides the blueprint for how the government can work together with industry to grow the economy and set the future of new, exciting nuclear technologies. Gwen Parry-Jones, CEO of Great British Nuclear said: “Today’s announcement is a key step forward in delivering the government’s objective of boosting nuclear power in this country. Our priority in this process has been to prioritise reliable and sustainable power to the grid early, and that’s why we have focused our first step on the technologies that we viewed as most likely to meet the objective of a final investment decision in 2029. “These companies will now be able to prepare for the next stages of the competition, aiming for a final contract agreement in the summer, potentially benefiting from significant support from the public purse.”

Winners revealed: the East Midlands Bricks Awards 2023

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Property and construction professionals from across the region gathered last night (Thursday 28 September) at the famous Trent Bridge Cricket Ground for Business Link Magazine’s annual East Midlands Bricks Awards. Recognising and celebrating those behind the changing landscape of our region, rewarding the very best companies, teams and individuals, the event offered the perfect opportunity to showcase the outstanding work carried out across the East Midlands over the past year and network with many of the region’s industry leaders over nibbles and complementary drinks sponsored by Nicholas Associates. Attendees also heard from Matt Wallace, Director of Estates and Building Services at Leicester City Council, who kicked off the event with the keynote speech.   The finalists and winners in each category are revealed below:
Ellis Cullen, FHP, Amy Howard, FHP, Ketlin Maeorg, FHP, and Joel Pennington, OMS

Most Active Estate Agent – sponsored by OMS

Winner

FHP

Runners up

BB&J Commercial

Mather Jamie

Sam Crawford, MKM, Andy Myton, David Morley Architects, Becky Rabjohns, Price & Myres, and Clare Swaine, Henry Brothers

Commercial Development of the Year – sponsored by MKM

Winner

Henry Brothers Construction – SportPark Pavilion 4, Loughborough

Runners up

HBD – Power Park, Nottingham

Bolsterstone Group Plc, Chesterfield Borough Council – One Waterside Place, Chesterfield

Greg Simpson, Press for Attention PR, Emma Attwood, Cawarden, and William Crooks, Cawarden

Responsible Business of the Year – sponsored by Press for Attention PR

Winner

Cawarden

Runners up

G F Tomlinson

Aspbury Planning Limited

Jamie Duerden, Phoenix Brickwork UK Ltd, and Nic Rotton, Sterling Commercial Finance

Residential Development of the Year – sponsored by Sterling Commercial Finance

Winner

Phoenix Brickwork UK Ltd – St Marks student accommodation, Lincoln

Runners up

Elms Developments – Elms Phase Two Ltd

St James Securities, Grainger – The Condor, Derby

Graham Bancroft, Rushton Hickman Limited, and Robert Cole, Mather Jamie

Deal of the Year – sponsored by Mather Jamie

Winner

Rushton Hickman Limited – Branston Locks deal

Runners up

Bassi Group Nottingham Ltd – Job saving Pizza Hut takeover

Rigby & Co – Aida Factory deal

Gillian Minogue, Clowes Developments, Kate Henderson, Clowes Developments, and Heather Foo, Ward

Developer of the Year – sponsored by Ward

Winner

Clowes Developments

Runners up

Chevin Homes

Brackley Property Developments

Louise Jones, Matthew Montague Architects, and Ben Dawson, Blueprint Interiors

Architects of the Year – sponsored by Blueprint Interiors

Winner

Matthew Montague Architects

Runners up

IMA Architects

Influence Landscape Planning and Design

Clayton Penny, Chevin Homes, William Crooks, Cawarden, and Dan Stack, Chevin Homes

Excellence in Design – sponsored by Cawarden

Winner

Chevin Homes – Amber Farm

Runners up

Marchini Curran Associates – Phoenix cinema and art centre

Trident Construction Services – Lark Hill Retirement Village refurbishment

Justin Sheldon, HBD, and Lee Marshall, Viridis

Sustainable Development of the Year – sponsored by Viridis Building Services Ltd

Winner

HBD – Power Park, Nottingham

Runners up

Henry Brothers Construction – SportPark Pavilion 4, Loughborough

Elms Developments – Elms Phase Two Ltd

Oliver Ramm, RammSanderson, Christian Parnell, Bowmer & Kirkland, and Jon Moore, Bowmer & Kirkland

Contractor of the Year – sponsored by RammSanderson

Winner

Bowmer + Kirkland

Runners up

Cawarden

EE Smith Contracts

Clayton Penny, Chevin Homes, Robin Lee, Streets Chartered Accountants, and Dan Stack, Chevin Homes

Overall Winner – sponsored by Streets Chartered Accountants

Chevin Homes

  See the event in the images below, taken by Richard Picksley. Thanks to all our sponsors for supporting the East Midlands Bricks Awards 2023. Business Link Magazine looks forward to returning next year for the East Midlands Bricks Awards 2024!
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Nottingham engineers to play part in ground-breaking carbon capture project

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Researchers in the University of Nottingham’s Faculty of Engineering have a crucial role to play in a carbon capture project that’s just received a six-figure funding boost. Project MONET (MOF-based Negative Emissions Technology) has been awarded £445,848 by the Department of Energy Security and Net Zero (DESNZ) as part of its Net Zero Innovation Portfolio (NZIP) CCUS Innovation 2.0 competition, which aims to accelerate the development of next generation carbon capture, utilisation, and storage (CCUS) in the UK – with the aim that it can be deployed at scale by 2030. Over the next 18 months, a prototype carbon capture unit will be designed and installed at Drax’s CCUS Incubation Site in Selby, North Yorkshire. The capture unit will utilise metal-organic frameworks (MOFs) as the novel solid sorbent – a class of materials that can be used to selectively adsorb certain gases. The installed unit will demonstrate the effective separation of CO2 from industrial flue gas streams, enabling more energy efficient CO2 capture. Nottingham’s researchers will conduct lifecycle assessments and technoeconomic analysis on data collected from test trials, which will be undertaken by University of Nottingham spin-out Promethean Particles. This data will be compared to alternative sorbent technologies, where corresponding data is publicly available, to validate the innovation of novel solid sorbents, allowing a strong business case to be built for the commercialisation of these new technologies. Dr Orla Williams, Anne McLaren Research Fellow in the Faculty of Engineering, said: “This is an incredibly exciting time for the university to be involved with a project like MONET. Not only does it expand our CCUS expertise and project portfolio, but the demonstration of such a prototype unit, which utilises MOFs as the novel sorbent materials, is expected to significantly de-risk the innovation and, in turn, pave the way for adoption in a range of point source carbon-emitting processes and industries.” James Stephenson, Chief Executive Officer of Promethean, said: “We are extremely proud that project MONET has been chosen by the Department as one of the winners of this competition. Carbon removal is now a necessity in mitigating the devastating effects of climate change. Our continuous manufacturing process uniquely enables the production of these exciting materials at the scale and cost necessary to make them a viable industrial solution.”

UK’s first full Future Homes Standard housing development set for Gedling

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Homebuilder Keepmoat is delivering the first development of new homes to full Future Homes Standard for private sale at its Gedling Green development in Nottingham. The new development includes 33 new homes at the site of the former Gedling Colliery. Located in the village of Gedling, the development forms part of the larger Gedling Partnership Scheme with Gedling Borough Council and Homes England and will deliver sustainable, energy efficient new homes to the local area. All the new homes at the development will feature air source heat pumps, solar PV panels, increased levels of insulation and EV charging points to achieve the new future homes regulations which are set out to replace traditional Building Regulations for new dwellings. Alongside Homes England and Gedling Borough Council, Keepmoat is partnering with a number of specialist organisations on the development including Birmingham City University and Arcadis. Lloyds Banking Group and Leeds Building Society are working with Keepmoat in a lending capacity to support the project with green mortgage products to help make buying an energy efficient home more affordable. Tara Kennedy, Senior Development Manager – Land and Development at Homes England, said: “We are delighted to be working with Keepmoat on this pilot which will bring the first development of new homes, built to the full Future Homes Standard, forward for open market sale. We are looking forward to seeing the first customers move into their energy efficient new homes in early 2024.” Gedling Green is set across approximately 36 acres of land, and will provide two, three and four bedroom homes at the site of a former colliery. Forming part of Gedling Borough Council’s ambitious housing development strategy, the new homes contribute to the delivery of 950 new homes to the local area by 2028. Tristin Willis, Regional Managing Director at Keepmoat, added: “We’re thrilled to lead the way in developing homes that fully meet the Future Homes Standard ahead of it becoming mandatory in 2025. This has been made possible through our strong working relationships with our partners on this development, including Gedling Borough Council.” Leader of Gedling Borough Council, Councillor John Clarke MBE added: “It’s fantastic to see the first Future Homes development in the UK being built here in Gedling, and what more of a fitting location than right next door to our beautiful Gedling Country Park. “We are committed to developing a borough that plays its part to tackle the climate emergency and the council has made a pledge to become carbon net zero by 2030. Homes like these which will produce up to 80% less carbon emissions than those from a standard development, will play a vital role in supporting this commitment. “I’d like to thank Keepmoat for their continued collaborative work with our Planning Department to deliver this Future Homes Standard development to bring suitable, energy efficient homes to the borough.” Richard Rothwell, Commercial Development Manager at Leeds Building Society, said: “The UK has some of the oldest housing stock in Europe, and building new homes like this will make a huge contribution towards reducing UK carbon emissions. “As a lender, we are proud to support this important project and look forward to learning more about how we can make buying an energy-efficient property built to the new Future Homes Standard more affordable for customers.” Andy Mason, Head of Housing and Sustainability at Lloyds Banking Group, added: “Supporting the drive to make the nation’s homes greener is not only a priority for Lloyds Banking Group, but a key part of helping mitigate the UK’s contribution to climate change. “At the forefront of innovation and sustainability, the home building industry has a vital role to play in this and we are looking forward to learning about homeowners’ experiences in these new highly-efficient homes.” Mike Leonard, Visiting Professor from Birmingham City University’s Centre for Future Homes, said: “We are delighted to partner with Keepmoat in this groundbreaking research which is vital as we enable evidence based decision making as we transition to low carbon homes. “We will be monitoring and reviewing the construction, commissioning, handover and two years of post occupancy using interviews and sensors. We will also support Keepmoat to deliver demonstrable value and work with Lloyds Bank and Leeds Building Society to measure the economic impacts of this first at scale development of the Future Homes Standard for private sale. “Our primary aim is to deliver high quality homes, avoid unintended consequences and evaluate the lived experience of those who are fortunate to secure one of these exciting homes of the future.”

Homebuilder swoops for Nottingham regeneration site

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Homebuilder Keepmoat has completed the acquisition of a parcel of land on Thane Road in Nottingham. It sits within the brownfield land within the 286-acre Boots site, which is part of the Nottingham Enterprise Zone. The large-scale regeneration project will see Keepmoat deliver over 600 multi-tenure new homes over a period of six years, with construction due to complete in 2029. Of the 604 new homes, more than half will be delivered on behalf of Platform Housing, one of the largest housing associations in the Midlands, for affordable rent, and shared ownership. Commenting on the acquisition of the land, Tim Beale, CEO at Keepmoat, said: “I am incredibly proud that Keepmoat, in particular our East Midlands region led by Tristin Willis, has successfully completed one of the most significant land deals of the last decade, for the delivery of new homes, in Nottingham. It is a fantastic achievement. “For me personally, having been brought up in Nottingham and lived here for most of my life, I am delighted that we will be delivering this landmark development on this special site, which will bring much needed, high-quality new homes and significant investment to the city. “This development will put our East Midlands region, which was established in Nottingham eight years ago, firmly on the map. It sits alongside nine other new sites that we are currently developing in and around Nottingham which will collectively deliver around 2,700 new homes.” Tristin Willis, Regional Managing Director of Keepmoat, East Midlands said: “I am very much looking forward to working with our partners to bring this fantastic development to life, delivering new homes for the people of Nottingham and the surrounding areas and transforming this area of the city into a vibrant new community.” Stephen Boyce, Director of Estates, Boots UK, added: “This is an exciting development for the Nottingham Enterprise Zone. We look forward to seeing Keepmoat’s vision come to life, developing new high-quality and affordable housing for people in the local area.” The Nottingham office of National law firm Freeths LLP represented Keepmoat on both the acquisition from Boots and the forward sale to Platform.

Local construction partners come together to help fulfill Lincolnshire charity’s new HQ project

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Landscape architecture practice, Influence Landscape Planning & Design, is bringing together volunteer construction and professional services partners to deliver fit-out works for Lincolnshire charity Naomi’s Garden. Louth-based Naomi’s Garden, which provides conductive education and special education needs consultancy, has been raising funds to find a new HQ having outgrown its current centre in Manby. The current site limits the amount of adults and children it can support resulting in its therapists having to travel the length and breadth of Lincolnshire to provide its specialist services, reducing the sessions it can deliver. The charity raised enough funds to secure a new property on Manby Park, but is continuing to fundraise to turn the new building – previously a motorcycle shop – into a fit-for-purpose facility, where it can deliver its lifechanging services to more people.  East Midlands construction partners who have committed to providing their services, with materials needed for the project being provided at cost price, are Influence, contractor G F Tomlinson, project manager and quantity surveyor Gleeds, GBM Demolition, A + G Architects and professional services firm Knights. The construction partners will be working together to completely transform the premises into Naomi’s Garden’s forever home. Works include raising floors, installing ramps, new windows and doors, and complete interior decoration. When complete, the new centre will enable the charity to extend its working hours, provide group sessions and create a dynamic learning environment for all no matter what their disability, resulting in supporting 50% more adults and children each year. The building will also give them the option to run group sessions and be used for wider community use. Sarah-Jayne Walker, lead conductor at Naomi’s Garden, said: “We currently have a waiting list of families across Lincolnshire who are waiting to benefit from the unique therapy we provide. Therefore, we desperately need our new more accessible hub to be functional, so we can continue our work and expand to help those families who are relying on us as the only service provider of our kind in our area. “The team and I are overwhelmed by Sara’s offer to help and the professional team she has brought together are incredibly kind and we would not be able to progress with the adaptation of our new building without their knowledge and skilled services. A huge thank you to all our wonderful partners. We feel incredibly excited by what comes next. “However, we do still need to raise enough funds to help us reach our next goal of adapting it to create our new centre. Please consider making a donation. Thank you.” Newark-based Influence Landscape Planning & Design are chartered landscape architects, urban designers, environmental planners and arborists and offer knowledge and consultancy across a wide range of disciplines.  Managing Director Sara, who lives in Louth, contacted Naomi’s Garden during the pandemic having read about their plight and initially offered to help by providing landscaping services. That conversation continued to Sara offering to bring together a team of willing partners to deliver the works to the new building. Sara said: “At a time when no one was feeling the impact of the pandemic quite like charitable organisations, and with Naomi’s Garden delivering such life impacting work and in my local area, the team and I wanted to help. “The charity has worked so hard to get to this position; to have secured its new home through fundraising is a real achievement. While more money is needed to buy materials for the fit-out, the construction industry here in the East Midlands has some incredible companies and individuals who want to make a real difference to good causes. I simply picked up the phone to some of my contacts and was humbled by those wanting to support. “Thank you to those partners and I’m looking forward to working with you all when the works start.”  Naomi’s Garden raised £160,000, which enabled them to secure the new building. Fundraising activities included hiking the National Three Peaks, a skydive, a Christmas concert, a charity ball and social enterprise company Key Fund provided the charity with a loan of £30,800 and a grant of £9,200.  The construction works to be undertaken to the new premises will cost approximately £350,000 and further fundraising and grant applications are underway to achieve this. Chris Flint, Managing Director at G F Tomlinson, said: “As a Midlands-based contractor, we deliver projects throughout Lincolnshire that deliver life changing facilities and provide opportunities for the local communities to flourish. When Sara invited G F Tomlinson to be involved in this project, we jumped at the chance to give our support to such a worthy cause. “Naomi’s Garden makes a real impact on the lives of many Lincolnshire families, and we are proud to be helping them, alongside other like-minded construction partners, to reach and support more people with their specialist services.” Naomi’s Garden provides conductive education in Lincolnshire to families who have loved ones with movement disorders such as Cerebral Palsy, Parkinson’s, Dyspraxia and Motor Delay. The charity also has a SEND (Special Education Needs and Disabilities) specialist who works with the needs of children with autism, ADHD and sensory processing issues. With the help of Lincolnshire County Council, Naomi’s Garden also provides free school holiday provision services including free healthy meals and enriching activities for children. Works are due to start on the new premises in the Autumn, when the charity hopes to have the final confirmation of a funding application. To make a donation towards Naomi’s Garden’s new premises please visit: https://www.gofundme.com/f/naomis-gardens-big-move?utm_campaign=p_nacp+share-sheet&utm_medium=copy_link&utm_source=customer

Ideagen to make fourth acquisition of 2023

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Nottingham-based Ideagen are looking to strengthen the portfolio of solutions they offer to organizations in regulated and high compliance industries by entering into a definitive agreement to acquire San Francisco-headquartered DevonWay, a provider of compliance and operations management software to sectors such as energy and utilities, advanced manufacturing, nuclear power generation, and US national laboratories. Speaking about the news, Ideagen CEO Ben Dorks said: “The addition of DevonWay will provide us with a very exciting opportunity to strengthen solutions for those complex high-risk industries that may have to meet the requirements of multiple regulatory bodies. “Chris and the team have built a great solution and have supported a loyal customer base to transform how they manage their risk, quality, safety and compliance and we believe that together we can support its global growth.” DevonWay solutions provide a complete, fully integrated, configurable product suite across environmental health and safety, quality management, enterprise asset management and workforce management. DevonWay CEO, Chris Moustakas, said: “Joining Ideagen offers us the opportunity to scale at pace. We always knew that to take the business to the next level would require some form of investment. “After running a highly competitive process over many months, Ideagen emerged as the clear choice. Their values, culture, strategic focus and existing client base make them a natural fit that is in the best interests of our customers, partners and employees. I’m incredibly excited by this next step in our journey.” The acquisition is expected to close on Friday 29 September. Due to the industries and organizations DevonWay supports, and the fact that Ideagen is headquartered in the UK, the transaction is undergoing a customary regulatory review by the Committee on Foreign Investment in the United States.

Company fined £1.275m after man crushed to death

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A Birmingham company has been fined £1,275,000 after a 26-year-old man was crushed to death during maintenance work at Mountsorrel Quarry in Leicestershire. Luke Branston, from Leicester, died in the early hours of 21 June 2017 after becoming trapped between a conveyor and a feed hopper. Luke’s family, who loved going stock car racing with him every weekend, say they are devastated by his passing. The contractor, working on behalf of Branston Site Services Limited, was part of a nightshift maintenance team that was repairing a feed hopper at the Loughborough quarry, operated by Tarmac Aggregates Limited. He had been stood on a conveyor that was located under the feed hopper and had not been effectively isolated – through cutting the power – before the repair work started. The conveyor was then inadvertently switched on, trapping Luke against the feed hopper, fatally crushing the 26-year-old. A Health and Safety Executive (HSE) investigation into this incident found Tarmac Aggregates Limited had failed to ensure the feed hopper was properly isolated before the repair work commenced. The test button on the conveyor electrical panel was not connected to the test circuit and was therefore inoperative. This issue appears to have existed for many years before the incident, meaning Tarmac Aggregates Limited failed to ensure critical defects were recorded and rectified in a timely manner. The company should have also provided a visual and audible pre-start alarm for the conveyor. Tarmac Aggregates Limited, of Trinity Park, Bickenhill Lane, Birmingham, pleaded guilty to breaching Section 2(1) and Section 3(1) of the Health and Safety at Work etc. Act 1974. The company was fined £1,275,000 and ordered to pay £200,000 in costs at Leicester Crown Court on 27 September 2023. HSE inspector Adrian Jurg said: “This is a devastating tragedy that claimed the life of a young man. Luke’s family have made clear the impact his passing has had on their lives and our thoughts remain with them. “When a company like Tarmac profit from the hard work of contractors like Luke then the very least they owe him and his family is a duty to ensure he gets home safe at the end of his shift. “Companies should be aware that HSE will not hesitate to take appropriate enforcement action against those that fall below the required standards.” This prosecution was supported by HSE enforcement lawyer Alan Hughes.

Revenue and profit rise at Microlise

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Nottingham-based Microlise Group, the provider of transport management software to fleet operators, has seen double digit growth as supply chain issues begin to ease.

According to unaudited results for the six months ended 30 June 2023, revenue grew 10.5% to £33.9m, from £30.7m in the same period of 2022. Pre-tax profits, meanwhile, increased 5.7% to £1.5m. The results follow Microlise’s first acquisition since IPO, of Vita Software for £1.86m.

Nadeem Raza, CEO of Microlise, said: “Microlise delivered another strong performance during H1 2023 as we successfully executed our growth strategy. We secured new customers in our key geographies beyond the UK including France, Australia and New Zealand, expanded our customer base, and efficiently integrated our latest acquisition. 

“We have successfully navigated the company through global supply chain issues and subsequent delays in new vehicle availability, maintaining strong relationships with our valued customers. We are seeing significant improvements in all these situations, which we expect to have normalised by the start of 2024. 

“During the second half of the year, our focus will remain on investing in growth, expanding our product portfolio, and growing our strong customer base and geographical presence. Whilst it is sensible to look to the future with a degree of caution, given the continuing global macro-economic challenges, the Company’s positive trading performance during the period and proven ability to navigate these challenges, underpin the Board’s confidence that the Group’s performance for FY23 will be in line with market expectations.”