December 14, 2018

Springfield wins Best New Share Plan at ProShare Awards 2018

Springfield Properties (AIM: SPR), a leading housebuilder in Scotland offering private and affordable housing, has won Best New Share Plan at this year’s ProShare Awards, which recognise and reward innovation and excellence within the share plan industry. The Best New Share Plan award recognises newly-launched employee share plans that are

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DTL Thinks Apprenticeships Are the Answer

Develop Training Limited (DTL), a leading provider to the utilities and construction sector, believes that apprenticeships can meet many of the challenges thrown up by falling university numbers. Many commentators have blamed high tuition fees for a growing number of young people applying for university, raising fears of a lack

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Hundreds of New Homes in London

Hundreds of new homes are coming to Waltham Forest in London as residential development receives planning approval. For this project Transport for London has teamed up with Barratt London as part of its Property Partnership Framework. Built on a 1.8 acre site, the Blackhorse Point development will deliver 350 new

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London Irish Squad Star in Skip Kick Shootout

The players at London Irish faced their biggest challenge yet when their principal sponsor, waste management company Powerday, brought a selection of skips, some healthy competition and just one question to the pitch: who would come out on top in the Rugby Kick Challenge? On a sunny July day at

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HOME IMPROVEMENT SPECIALIST WINS TOP TRUSTMARK ‘CONSUMER CONFIDENCE’ AWARD

TrustMark, the Government Endorsed Quality Scheme for tradespeople, is celebrating after TrustMark Registered Business, SEH BAC, an award-winning home improvement specialist, recently won the prestigious ‘Consumer Confidence’ award at the National Home Improvement Council Annual Awards (NHIC). The award, which was sponsored by TrustMark, recognised SEH BAC’s commitment to delivering

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Latest Issue
Issue 324 : Jan 2025

December 14, 2018

Springfield wins Best New Share Plan at ProShare Awards 2018

Springfield Properties (AIM: SPR), a leading housebuilder in Scotland offering private and affordable housing, has won Best New Share Plan at this year’s ProShare Awards, which recognise and reward innovation and excellence within the share plan industry. The Best New Share Plan award recognises newly-launched employee share plans that are designed to link clearly with business objectives. It must also be effectively communicated and have a simple process to encourage employee participation, resulting in strong levels of uptake. In particular, the judges were impressed with Springfield’s above-average take-up, especially that this level of engagement was achieved in a working environment where the majority of the workforce is deployed outdoors over multiple sites and that it included a very high take-up amongst both younger and female employees. At the time of the Company’s IPO on AIM in October 2017, Springfield launched an employee Save As You Earn scheme through YBS Share Plans, part of Yorkshire Building Society (YBS). The sharesave scheme offered every employee the option to save £5 to £500 a month over a three-year period and, at the end of the period, employees are able to use those savings to purchase shares in the Company at a 20% discount to the price at which the Company floated. Springfield implemented a multi-pronged engagement campaign to raise awareness of the scheme and its benefits with employees. As a result, 333 employees (69% of the workforce – from all parts of the Company) joined the scheme, with average savings of £221.41 per month and a large number of employees opting to save the full monthly amount. ProShare is a not-for-profit member organisation that aims to foster responsible employee share ownership on terms favourable to companies and their employees through engagement with policymakers, companies, advisers and service providers and driving awareness. Ashley Price, Head of YBS Share Plans, said: “I was thrilled to see Springfield Properties plc rewarded for the launch of their Sharesave scheme at the 2018 ProShare Awards winning the ‘Best New Share Plan’ category. The communication and engagement put in place resulted in truly remarkable participation rates across all age bands and genders, and we have been delighted to support Springfield and see so many of their employees see the value of employee share ownership.” Innes Smith, Chief Executive Officer of Springfield, added: “Looking after our employees is a strong part of the Springfield ethos. We have a skilled and hardworking team who are responsible for what Springfield achieves, and we wanted to provide them with an opportunity to be more directly invested in, and benefit from, the future success of the business. It was also important to us that the scheme was inclusive and accessible across our diverse workforce. “We are really pleased with the uptake of the programme, which at 69% is well above average for this type of scheme within our industry, and that employees from all parts of the business have chosen to take part – from our apprentices to trades people through to salaried employees and senior management – across all age bands. We are delighted that the success of this scheme has been recognised by the ProShare Awards, and we look forward to continuing to grow our company for the benefit of all our employees and other shareholders.”  

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DTL Thinks Apprenticeships Are the Answer

Develop Training Limited (DTL), a leading provider to the utilities and construction sector, believes that apprenticeships can meet many of the challenges thrown up by falling university numbers. Many commentators have blamed high tuition fees for a growing number of young people applying for university, raising fears of a lack of social mobility. But DTL points out that school leavers give other reasons too, including that they don’t enjoy studying or don’t think they have the necessary academic skills for university. The training company says that apprenticeships have the capability, not just to provide an alternative to university but also to address the wider issues. “Instead of racking up student debt, apprentices earn while they learn, and apprenticeships provide other ways of learning for those who aren’t suited to academia. At DTL, we specialise in practical training for high earning roles in utilities and construction. Yes, there is an element of classroom learning but for most of our apprenticeships, the focus is on learning through well-supervised, genuine on-the-job experience,” said Operations Director, John Kerr. Mr Kerr argued that apprenticeships can also generate social mobility, even beyond what might be expected from gaining a practical qualification and a well-paid job. “As an organisation that believes in providing a holistic educational experience, we support many young people who have fallen behind with academic learning,” he explained. Crucially, he points out, that includes ensuring that apprentices attain satisfactory levels of literacy and numeracy. Ensuring students attain a set level of literacy and numeracy is a requirement made of apprenticeship providers by the educational watchdog Ofsted, and DTL has invested in technology and teaching to ensure that apprentices reach the levels they need, not just to attain their qualification but also to equip them for life. “Clearly, people who have poor literacy or numeracy, or both, are going to be disadvantaged. This is a significant step in giving them social mobility,” said Mr Kerr. With these crucial core skills and the confidence of having completed an apprenticeship, they might well go on to get a university degree or similar-level qualification, he points out. “For us at DTL, this is much more than a question of meeting the requirements of the regulator. You can see this in our response to another Ofsted instruction. We have pioneered the introduction of safeguarding, ensuring that young people are safe in the workplace and the training environment,” he added. DTL’s latest Industry Skills Forum on the subject brought together leading figures in HR in the utilities and construction sector, to discuss safeguarding and the government’s Prevent initiative, which requires education providers to play their part in ensuring young people aren’t recruited into extremism. As an approved provider under the apprenticeship levy scheme, DTL says its customers expect it to deliver well-trained individuals, capable of carrying out their roles effectively and safely. This is particularly important when those roles are often in potentially hazardous environments in the gas, electricity, water and construction industries. “Our first duty is to the apprentices themselves, and we believe that ensuring their safety is paramount. By also ensuring they have those core literacy and numeracy skills, we add value to the opportunities created by their apprenticeship,” John Kerr concluded.

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Hundreds of New Homes in London

Hundreds of new homes are coming to Waltham Forest in London as residential development receives planning approval. For this project Transport for London has teamed up with Barratt London as part of its Property Partnership Framework. Built on a 1.8 acre site, the Blackhorse Point development will deliver 350 new homes across six new buildings. The new homes will provide a mixture of studio, 1, 2 and 3 bedroom properties. The development is situated opposite Blackhorse Road station, which is serviced by both the Victoria line and London Overground. The site will also make it easier for residents to cycle with 650 cycle parking spaces. “Blackhorse Point is a really exciting development and we are thrilled to be taking it forward with Barratt London. It will have a huge, positive impact on Waltham Forest, supporting the regeneration already taking place. It will be providing the housing that the borough and London desperately need, while generating vital revenue to reinvest back into the transport network,” said Graeme Craig, Director of Commercial Development at Transport for London. Blackhorse Point was designed by RMA Architects and it is a key element of the wider masterplan of the Blackhorse Lane regeneration area, which falls under part of the Greater London Authority’s Blackhorse Road and Northern Olympic Park Housing zone as well as the London Borough of Waltham Forest’s Blackhorse Lane Area Action Plan. It will ensure that those living and working in the area continue to benefit from the changes taking place by improving public amenities – including new public pedestrian links, new trees and new children’s play areas. “The development will enable the local economy to continue to flourish with even better public amenities and new job and local apprenticeship opportunities. The additional retail and work spaces will provide a fantastic offering for those looking to start or expand their businesses in a brilliant location,” added Graeme Craig. Blackhorse Point will deliver 17,000 square feet of retail and commercial space, which will include opportunities for small and independent businesses. This includes a new co-working hub and creative workspaces, which will further support the Blackhorse Lane Creative Enterprise Zone. The construction of the site will create up to 300 jobs and local apprenticeships.

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“A hidden gem in the Coventry Economy” – West Midlands Mayor comes to Kite!

The team at Kite Packaging were delighted to show Mr Street around their day-to-day operations and give him a deeper insight into the Kite brand. The organisation, which has expanded its Coventry operation and earned a place on the Coventry and Warwickshire Growth Barometer earlier this year, is set for continued growth as it goes in to 2019. With a regional branch network across the UK this Coventry-based business also has sites in Rotherham, Swindon, Letchworth, Sittingbourne Portsmouth and Gateshead, as well as an Environmental Compliance business and a leading ecommerce offering. Coventry and Warwickshire’s Growth Hub’s Strategic Account Manager, Phil Peak, joined them as Mr Street explored Kite’s Coventry base and met with some of its employees. Kite’s key founding principle of a sense of partnership being at the heart of every good long term relationship has laid solid foundations as the Kite brand has grown over its 18 year history. Kite’s hard work and dedication to its sector did not go amiss, with Mr Street describing it as “a hidden gem in the Coventry economy.” Managing Partner, Gavin Ashe said: “On behalf of all the staff and partners at Kite Packaging, we’d like to thank Andy Street for the time he gave us. It was great to be able to talk about the opportunities and difficulties that we all face.” If you would like find out any more information about Kite Packaging or the services they offer please visit kitepackaging.co.uk.  

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London Irish Squad Star in Skip Kick Shootout

The players at London Irish faced their biggest challenge yet when their principal sponsor, waste management company Powerday, brought a selection of skips, some healthy competition and just one question to the pitch: who would come out on top in the Rugby Kick Challenge? On a sunny July day at Hazelwood, the Exiles stepped up to an out-of-the ordinary training challenge to see who could earn the highest score by kicking rugby balls into different sized skips and bins. The rules were simple: each player had three shots to get the ball in one of six targets. The smaller the skip, the higher the score; so would they risk it all to hit that magic 100-pointer wheelie bin, or play it safe by aiming for larger, less valuable goals? One by one, the boys attempted to dropkick their way to the top of the leaderboards. Curious to see who was the most accurate on the day? Follow the action one kick at a time in the full competition video here – https://www.powerday.co.uk/news/london-irish-rugby-kick-challenge/ After the final scores were tallied, Powerday took the challenge online, asking fans if they could beat the pros at their own game with the official Rugby Kick Challenge game! Whether you’re on your phone, tablet, laptop or PC, you can choose your favourite London Irish stars to see how well you can do with just ten kicks of the ball and three targets to aim for. Shoot for the golden skip for maximum points, then share your top score for ultimate bragging rights. Will you be able to kick the perfect game? Visit the Powerday website and Play the Rugby Kick Challenge today to find out. See here – https://www.powerday.co.uk/rugby-kick-challenge/    

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HOME IMPROVEMENT SPECIALIST WINS TOP TRUSTMARK ‘CONSUMER CONFIDENCE’ AWARD

TrustMark, the Government Endorsed Quality Scheme for tradespeople, is celebrating after TrustMark Registered Business, SEH BAC, an award-winning home improvement specialist, recently won the prestigious ‘Consumer Confidence’ award at the National Home Improvement Council Annual Awards (NHIC). The award, which was sponsored by TrustMark, recognised SEH BAC’s commitment to delivering Consumer Confidence.  The business also demonstrated how it provided an exemplary level of service and care by offering availability of choice, consumer comfort, protection and overall satisfaction to its customers. Delivering the keynote speech at the awards, TrustMark Chairman, Ranil Jayawardena, commented: “Consumer confidence is not something that only benefits the consumer, for in a confident marketplace, the businesses that deliver trust and quality will be the ones that thrive.  SEH BAC exemplifies excellence in consumer confidence and is why they are well-deserved winners of this award.  The championing of trustworthy, competent businesses, alongside the enhancement of consumer protection has always been a driving force at TrustMark, and the recent changes to the scheme allow us to build on this legacy.  SEH BAC is an excellent example of a TrustMark Registered Business and we are thrilled they have been recognised as being among the very best in the industry. Congratulations.” “We are absolutely delighted and incredibly proud to win this fantastic award from the NHIC,” added John Savage, Managing Director of SEH BAC. “Our commitment has always been to deliver a superior quality of service that customers can trust and ultimately recommend to others. It’s an ethos embodied by our entire team from reception, through to our sales team, installers, after-care team and senior management.  It’s an immense honour to receive this high recognition from TrustMark, which is such a respected body within the home improvement industry.” The winners were announced at the 44th Prestigious NHIC Annual Awards on 22 November at a distinguished gala presentation evening in Westminster. SEH BAC has been a TrustMark-registered firm since 2009 through the Glass and Glazing Federation, a TrustMark Scheme Provider. For further information about TrustMark or to find a local quality TrustMark tradesperson, visit www.trustmark.org.uk

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