Leeds-based Endless completes sale of educational resources supplier to leader in European B2B ecommerce

Endless has successfully exited its investment in educational resources supplier Findel to Paris-headquartered leader in European B2B ecommerce Manutan. Endless originally acquired Findel in April 2021 from Studio Retail Group plc. Headquartered in Hyde, Greater Manchester, Findel also has a distribution centre and offices in Nottingham and employs around 300 people. Today, the company’s brands and websites offer more than 32,000 products to educators and parents based in the UK and overseas with the business exporting to 130 countries. Commenting on the sale, Findel Chief Executive, Chris Mahady, said: “It’s been a remarkable three years with the Endless team, where we have transformed the business from an unloved and non-core division of a plc to the digital leader in our sector with ESG at the heart of our operations and culture. “We’ve invested in our family of brands, giving them each a distinct identity that matches their customers wants and needs. We’ve invested in our operations and systems to ensure we can, and are, giving our customers the best experience we can with most orders delivered within 24 hours. “Endless also encouraged us to be brave with our ESG commitments and we completed a refinancing with a Sustainability Linked Loan. This has impactful ESG-related covenants and we made further public commitments by joining the Science Based Targets Initiative. “As a business, we had always done a lot in the communities in which we operate and we then launched the Findel Foundation as the umbrella for all of our charitable and social work supporting children and education. “It was as a result of this sustainable, in every sense, business transformation that we were then able to attract a fantastic business like Manutan to become our new long-term owner.” Manutan, which has a specialism in educational supplies, employs 2,200 people and operates 28 subsidiaries across 17 European countries, including the UK. The business offers in excess of 800,000 products to its customers and has a turnover of €946m. The company’s mission is ‘enterprising for a better world.’ Endless investment partner, Andy Ross, added: “It has been an absolute pleasure working closely with Chris and the entire team at Findel. Working with a team who cares so passionately about what they do and, importantly, how they do it, was a real privilege. Our role in this partnership was to provide guidance and support to the management team to help them unlock the huge latent potential in the business. “At Endless, we are only ever a temporary custodian of a business, but I’m incredibly proud of what our teams have achieved over the last three years and look forward to see what they can do as part of the Manutan Group in the future.” Owner and chairman of Manutan Group, Xavier Guichard, said: “Following on from our strong growth in recent years, we’re delighted to be acquiring Findel, whose culture, focus on people, performance and shared values, is totally aligned with our own principles. “We also share the same business model, which combines the strengths of digital technology (our e-commerce solutions) with a strong focus on sustainability, providing service excellence to customers and suppliers.” The investment in Findel was managed by Andy Ross and David Isaacs from Endless. Endless was advised on the sale by Rob Burden and his team at Clearwater (corporate finance) and Debbie Jackson and her team at Walker Morris (legal). Due diligence support was provided by CIL (commercial), KPMG (financial and tax), Anthesis (ESG) and Intechnica (digital). All values relating to the acquisition are undisclosed.

Nicholas Associates Group steps up to support local communities with ’50 for £50 Challenge’

Nicholas Associates Group (NAG), a provider of workforce solutions, has announced its recent initiative to support local community food banks through the ’50 for £50 Challenge’.

Throughout February, the company challenged its teams across the UK to walk 50 miles in return for a donation from NAG to enable the team to buy £50 of groceries for a local food bank. Sixteen teams took part, collectively raising £800.

In Sheffield, three teams completed the challenge from the NAG head office in Rotherham and £150 in groceries was delivered to the Archer Project, which helps homeless and vulnerable people.

NAG Group CEO, Paul Smith said: “Community support has always been a core value at Nicholas Associates Group, and we are constantly seeking innovative ways to give back.”

He continued: “The ’50 for £50 Challenge’ provided an excellent opportunity for our teams to come together, not only to support local food banks but also to prioritise their own wellness by getting outdoors, engaging in physical activity, and fostering meaningful connections with their colleagues.”

The challenge received an overwhelmingly positive response from employees across the company. Teams enthusiastically embraced the opportunity to make a difference in their communities while also prioritising their own well-being.

Paul emphasised: “This is just the beginning of our commitment to community engagement. We are excited to introduce our latest initiative, the ‘March on in March’ challenge.

“Building on the success of our ’50 for £50′ challenge, teams will continue to walk for a cause. For every 10 miles exceeded beyond the initial 50, an additional £10 will be donated to support local communities. We’re eager to see the impact we can make together.”

Bird flu controls strengthened with new poultry sector registration rules

New measures to better protect the poultry sector from future avian influenza outbreaks have been set out by the government. Under the changes announced there will be new requirements for all bird keepers – regardless of the size of their flock – to officially register their birds. Currently only those who keep 50 or more poultry must do so, limiting the effectiveness of our national disease control measures. By registering their birds, keepers will ensure they receive important updates relevant to them, such as on any local avian disease outbreaks and information on biosecurity rules to help protect their flocks. This will help to manage potential disease outbreaks, such as avian influenza and Newcastle disease, and limit any spread. The information on the register will also be used to identify all bird keepers in disease control zones, allowing for more effective surveillance, so that zones can be lifted at the earliest possible opportunity and trade can resume more quickly following an outbreak of avian disease in Great Britain. The changes come following the UK’s worst ever outbreak of avian influenza, with more than 360 cases across Great Britain since late October 2021, including in a significant number of backyard flocks. Christine Middlemiss, UK Chief Veterinary Officer said: “These new rules will enable us to have a full picture of the number and location of birds kept across Great Britain, making it easier to track and manage the spread of avian disease. “This information will be vital in helping to inform future risk assessments and maintain our commitment to continually building our extensive avian influenza research portfolio.”

Inflation comes in lower than expected for February

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Inflation came in lower than expected for February, heading back in the right direction. Annualised inflation stood at 3.4% in February, measured by the consumer prices index (CPI), down from the 4% reported in January and below the 3.5% forecast. The largest downward contributions to the monthly change came from food, and restaurants and cafes, while the largest upward contributions came from housing and household services, and motor fuels. Meanwhile, core inflation, which takes out volatile factors like energy, food, alcohol and tobacco to give a clear picture of underlying trends, was 4.5% in the 12 months to February 2024, declining from 5.1% in January.

Alpesh Paleja, Lead Economist, CBI, said: Inflation is heading in the right direction, and should fall below the Bank of England’s 2% target sometime in the Spring. However, the path beyond this is likely to be bumpy: shifting base effects mean that it will likely rise back above 2% later in the year, before settling down more sustainably.

While the Bank of England are likely to look through these ups and downs, they will still want to see more definitive movement on domestic price pressures before committing to cutting interest rates.”

HMRC adopts DIY measures with revision to service access

HMRC is changing the way its services are available its services as it continues encouraging customers to get the information they need and carry out their transactions online where possible. Changes to helpline services to encourage people to go online first have been trialled over the last year and are being rolled out to become a permanent feature of the way HMRC supports customers from 8 April 2024. The changes are:
  • between April and September, the Self Assessment helpline will be closed and customers will be directed to self-serve through HMRC’s highly-rated online services
  • between October and March the Self Assessment helpline will be open to deal with priority queries – customers with queries that can be quickly and easily resolved online will be directed to HMRC’s online services
  • the VAT helpline will be open for five days every month ahead of the deadline for filing VAT returns – outside of this time, customers will be directed to use HMRC’s online services
  • the PAYE helpline will no longer take calls from customers relating to refunds – customers will be directed to use HMRC’s online services
  • HMRC advisers will continue to always be available during normal office opening hours to support customers who cannot use online services or who have health or personal circumstances that mean they need extra support
  • all other helplines will continue to operate as they do currently
HMRC says the move to online self-service for Self Assessment and VAT is a vital element of its modernisation of the tax system. Angela MacDonald, HMRC’s Second Permanent Secretary and Deputy Chief Exec, said: “Online services have transformed our lives and often provide a better service for managing tax – they’re quicker, easier and always available. “Changing our services to encourage customers to self-serve online wherever possible will allow our helpline advisers to focus support where it is most needed – helping those with complex tax queries and those who are vulnerable and need extra support.

“We must maximise every pound of taxpayers‘ money. Embracing online self-service allows us to help more customers and improve our customer service levels without spending additional public money.”

Northern Trains to advertise 300 jobs in the coming months

Northern Trains is looking to recruit more than 300 inexperienced drivers and conductors across the North of England this year including in Hull, Leeds, York, and Sheffield.

The train operator says the roles are part of a normal, on-going process to recruit as and when existing staff members retire, earn promotions or join another company.

It is looking to hire 108 train drivers and 198 conductors, and actively encouraging people with no rail industry experience to apply.

New recruits will have to complete paid apprenticeships at one of Northern’s training academies in Leeds or Manchester.

The train driver roles, which will be advertised in the coming months come with a starting salary of £23,000 a year rising to £54,500 after the recruits complete a 64-week training course.

The conductor roles set to be advertised in Barrow-in-Furness, Blackburn, Blackpool, Buxton, Leeds, Manchester, Liverpool, Newcastle Skipton, Workington and York come with salaries starting of £22,000, rising to £29,000 once they complete a 16-week training course.

A small number of roles open to qualified drivers will also be available in Darlington, Leeds, Manchester and Newcastle.

Tricia Williams, COO at Northern, said: “We have a range of rewarding roles for anyone who wants to become part of a dedicated team that runs more than 2,500 services a day to over 500 destinations.

“We are looking for customer-focused people with excellent communication skills who thrive in a dynamic environment and may not have considered a career in rail before. Successful applicants will demonstrate a high level of responsibility, a strong work ethic and a commitment to maintaining safety standards.”

Helen promoted to estate agency’s sales manager role in her home town

Otley-born Helen Jackson’s been promoted to sales manager at the town’s Bondgate office of Dacre, Son & Hartley. Helen joined the company as a sales negotiator three years ago and brought more than a decade’s worth of property experience to the role, having worked for several other estate agents in the Wharfe Valley. She said: “As an independent and longstanding Yorkshire based business, we have an unrivalled reputation in Otley and always recognise that every property buyer and seller is unique, with their own individual requirements, which is key to our success. “We’re also fortunate to work in a vibrant and very popular town with a thriving property market. In recent years we’ve seen an influx of buyers from outside the area, including several buyers relocating from the south of England, and few people move out of Otley once they’re here! “The market is gaining momentum as we head into spring and we’re currently preparing to launch a variety of properties, across all price bands, in the coming weeks. Ultimately well-presented properties that are accurately priced will sell and that’s where an estate agent with strong local knowledge will really add value.” Director Tim Usherwood, who heads up Dacres’ Otley office, said: “Helen has lived in Otley her whole life and knows the area inside out. This knowledge combined with her ability to always go the extra mile for clients, makes her a very good estate agent and she thoroughly deserves this promotion.”  

Kirkstall Brewery to make The Tetley a hub for great beer

Kirkstall Brewery is taking on the lease of The Tetley, with plans to make it a hub for great beer from Leeds and renew its status as a “landmark of Yorkshire beer culture.” The Tetley building is the former brewing headquarters of Tetley’s Brewery, built in the Art Deco style in 1931. In the 1980s, Tetley’s Brewery became the largest producer of cask ale in the world, and the site has remained an icon of Leeds beer history, even after its closure in 2011. The building, which now sits at the heart of Leeds’ newest mixed-use district, Aire Park, then operated as a contemporary art gallery from 2013 until 2023, when its lease ended. From May, Kirkstall will be operating The Tetley as a showcase of the very best of brewing in Leeds. It will feature beers from other breweries in the area, alongside brands from Kirkstall Brewery, Leeds Brewery and Holt’s most recent acquisition, North. Kirkstall also plans to host a number of events at the historic building. “It’s a tremendous privilege to bring Leeds’ most iconic brewery building into the Kirkstall fold,” said Steve Holt, Kirkstall Brewery’s owner and founder. “As a brewery that pays a great deal of respect to the history of brewing in the city, we believe we are the ideal custodians for the next chapter of this legendary building.” Michael Cronin, Head of Portfolio at Vastint UK, the developer behind Aire Park and owners of The Tetley building, said: “Last year we outlined our ambitions to safeguard this iconic building for the next 100 years and have now submitted our plans to the council. “Since we became custodians of the building, it was always our intention to keep it open until the restoration work got underway to bring this fantastic building up to 21st century standards. “So, we’re thrilled to be welcoming Kirkstall Brewery to Aire Park and to be bringing one of the current generations of Leeds and Yorkshire breweries to a site which has played such a pivotal role in the history of beer making in the region. “The Tetley will form the centre piece of Aire Park, alongside the eight-acre public park and this collaboration will hopefully give the people of Leeds a small taster of what’s to come in the very near future.” Holt added: “It really is the crown jewel of brewing history in Leeds, and we are deeply grateful for the opportunity to make it a landmark of Yorkshire beer culture once again.” The Tetley is expected to reopen under Kirkstall’s management in May.

Government steps in with tighter regulation of the business of running football’s elite clubs

Historic legislation to reform the the way men’s elite football is governed in England has been introduced in Parliament. The Football Governance Bill will see the introduction of an ‘Independent Football Regulator’ to be enshrined in law that will give fans a greater voice in the running of their clubs; promotion of financial sustainability, with the ability to fine clubs up to 10% of turnover for non-compliance; blocking of breakaway closed-shop competitions such as the European Super League; and strengthened owners’ and directors’ tests with powers to impose a ‘new deal’ on financial distributions The Bill is said to come at a critical juncture for English football, following the attempted breakaway European Super League, and a series of high profile cases of clubs being financially mismanaged or collapsing entirely. The legislation establishes a new ‘Independent Football Regulator’ as a standalone body – independent of both Government and the football authorities. It will be equipped with robust powers revolving around improving clubs’ financial sustainability, ensuring financial resilience across the leagues, and safeguarding the heritage of English football. Owners and directors will face stronger tests to stop clubs falling into the wrong hands, and face the possibility of being removed and struck off from owning football clubs if they are found to be unsuitable. The Bill also includes new backstop powers around financial distributions between the Premier League, the English Football League and National League. These powers mean that if the leagues fail to agree on a new deal on financial distributions, then the backstop can be triggered to ensure a settlement is reached. For the first time, clubs from the National League all the way to the Premier League will be licensed to compete in men’s elite football competitions in England. The proposed licensing regime will be proportionate to any problems, size and circumstances and involve a system of provisional and full licences, to give clubs time to transition. It follows a number of issues in recent years including financial mismanagement, breakaway plans for the European Super League, and changes to club names, badges and colours against the wishes of fans. Culture Secretary Lucy Frazer said: “Football is nothing without its fans. We are determined to put them back at the heart of the game, and ensure clubs as vital community assets continue to thrive.

“The new Independent Regulator of Football will set the game on a sustainable footing, strengthening clubs and the entire football pyramid for generations.”

Chief Executive of the Football Supporters Association Kevin Miles said: “The FSA warmly welcomes the tabling of the Football Governance Bill arising from the 2021 Fan Led Review, and particularly its central proposal to introduce statutory independent regulation of the game.

“The regulator provides a means to intervene and stop clubs being run into the ground, protect the heritage of clubs, give supporters a much bigger voice in the running of the game, and prevent any chance of domestic clubs joining a breakaway European Super League.

“The regulator must be given the power to impose a financial settlement in the interests of the sustainability of the game as a whole. It is far too important to be left to the squabbling between the vested interests of the richest club owners.”

The Sheffield College extends footprint at Pennine Five

The Sheffield College has extended its footprint at Pennine Five, adding another 3,692 sq ft to its current agreement to accommodate its growing education and training provision for adult learners. The latest addition means that the college, which educates and trains around 13,000 young people and adults a year across all of its campuses, now occupies six floors at Pennine Five – totalling over 22,000 sq ft of space. Pennine Five is home to the college’s adult learning centre, which provides courses including English for Speakers of Other Languages (ESOL), maths, digital and employability courses. Andrew Hartley, Deputy Chief Executive at The Sheffield College, said: “Pennine 5 offers high quality modern teaching facilities which enhance students’ learning experience and inspire them to progress and go further in their education and careers. “We have built a strong community at Pennine Five and are pleased to extend our facilities there in partnership with RBH Properties. We also look forward to the plaza opening, which will provide an additional attractive outdoor space for our staff and students.” Jeremy Hughes, Director at RBH Properties, said: “We are delighted that The Sheffield College has extended its footprint at Pennine Five. It is a clear reflection that Pennine Five is working well for them. “This announcement represents a strong period for us. Interest and enquiries are high currently and we still have plenty of space available to add to our growing portfolio of tenants. “We have created a modern, attractive business campus that includes EV charging points, outdoor event space, natural light and flexible leasing options. I can’t wait to see the site thriving once all the works are finished and the campus is full.” The Sheffield College is one of a number of tenants to have moved into Pennine Five over the last two years, including serviced office operator, Spaces (part of the IWG group), Aztec Construction and First Intuition. Looking further into 2024, Pennine Five’s £1.5 million outdoor central plaza is nearing completion and will be opening in the coming weeks.