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THE BUSINESS MAGAZINE – THAMES VALLEY – APRIL 2011 4 News Opinion Racing Ahead in the Motorsport Uncertainty THE BusinessTM MAGAZINE THAMES VALLEY www.businessmag.co.uk AN ELCOT PUBLICATIONS TITLE APRIL 2011 #186 £2.50 Shipping forecast Exports lead recovery Own goals OMBs’ roundtable debate Budget bulletin Latest reaction Regional law firm Not all law firms of the year are the same regular features News 4 Opinion – More uncertainty than is good for us ... 4 Racing ahead in the motorsports technology stakes 5 Enterprise M3 chairs announced 6 RSM Tenon hits the fashion scene 7 DediPower supports Export Award 8 Manufacturing success leads to expansion 9 Shareleague 9 The rise of social media 10 ‘Big Society’ action group launched 11 Phyllis Court Club – perfect for business or pleasure 12 Manufacturing exhibition breaks records Business Focus p18 13 Transformation is critical in post-recession marketplace Profile 14 Will the train arrive on time? Roundtable 15 DediPower: masters of 21st century technology 42 Owner-managed businesses: Tougher times, brighter prospects 26 Great timing at HIG Europe Thames Valley 250 IoD Awards 46 Put your foot on the Accelerator soon 16 And the winners are ... Motoring Finance 47 Audi’s seven-star contender 20 Looking forward to 2011/12 21 Transitions: the new regulatory environment Business Travel/Hospitality Deals 35 Stoke Park – the perfect location for your corporate golf day 27 Deals Awards 2011 – finalists revealed Employment Deals Update 48 Extending enhanced maternity benefits to men 28 Latest deals data from across the region People Business Focus 48 Movers and risers 29 Tweet of the month Diary Law 50 Dates for your diary 29 Divorce cases to involve a mediator Budget 30 ‘Good news for growing businesses’ 31 Optimism amongst the gloom special features Southern Tech 100 32 Commercialising innovation from the University of Oxford Focus on Slough 17 Segro excels in Slough Teambuilding 33 Teambuilding at Stoke Park International 34 Time to think about Summer ... 22 Overseas business interests for UK companies 23 Export successfully with award-winning support 24 Foreign eyes refocusing on the Thames Valley 25 The changing face of European payments Commercial Property 35 Lease re-gears – its not too late 36 Give us a break 37 TVPF signal the way 38 A hot topic: a look at the feed-in-tariff scheme 39 Anesco goes green at Easter Park p30 40 20 years of Opting to Tax and counting 41 DevelopIQ moves to Chineham Park THE BUSINESS MAGAZINE – THAMES VALLEY – APRIL 2011 www.businessmag.co.uk 4 news opinion Racing ahead in the motorsport Uncertainty. Last month we were all subject to more technology stakes uncertainty than is The Williams Technology Centre high-powered flywheel energy (WTC) in Doha, Qatar played host storage development programme good for us to senior executives from some which will help make Qatar’s of the UK’s leading companies in ambitious transport and electricity Japan’s earthquake, tsunami February, as part of an official tour of infrastructure more efficient and and nuclear crisis; Libya’s civil the Qatar Science and Technology reliable. war; Bahrain’s protests and the Park. Oxfordshire-based Williams F1 Frank Williams intervention of Saudi Arabia; established the WTC in 2009. It is the Williams F1 founder and team civil strife across the Middle first Formula One-related technical principal Frank Williams, who activities in the country, I was East and north Africa from centre outside Europe. welcomed the delegation, joined UK delighted to see the technology Tunisia to the Yemen. prime minister David Cameron and centre first hand and learn about Led by the UK minister of state for Lord Green for a series of meetings its technology commercialisation The markets hate uncertainty. trade & investment, Lord Green, the and visits aimed at strengthening programmes.” Bankers and accountants hate delegation was shown the advanced links between the two countries. uncertainty - ironic in the case vehicle simulator development Frank Williams said: “It was a of bankers seeing as how platform from which WTC engineers Lord Green said: “Williams F1’s privilege to join prime minister much uncertainty they have are developing solutions for other Technology Centre in Qatar is a Cameron and Lord Green today created. Businesses don’t like motorsport classes, regular road prime example of the growing in helping to promote greater ties uncertainty either. They like users, emergency services and trade and investment relationships between the UK and Qatar. With its growth, steady growth. commercial fleet driver training between the UK and the State support of R&D, growing academic And, pleasingly, this is what and certification markets in Qatar of Qatar. Following meetings cluster and dynamic economy, they are getting. Private-sector and abroad. The delegation earlier today in which prime Qatar is an excellent location for us growth in the south east is at was also briefed on the centre’s minster Cameron praised Williams’ to do business.” its strongest in eight months. Output and employment are rising. The manufacturing A better View for Basingstoke as sector is doing well, and confidence across the private regeneration project gets back on track sector is at its highest for many, many months. Work on the crucial first stage of As one analyst said, a major regeneration of Basing manufacturing confidence in View, the 65-acre business park the region has been strong in Basingstoke town centre, is for some time now, but more underway once more following recently it looks like the the appointment of a new service sector is starting to contractor. catch up. Demolition of City Wall House Worries over inflationary and Loddon House, two pressures remain. Fuel costs derelict 10-storey office blocks are frightening and many on the park, was temporarily Artist’s impression of part of the Basing View redevelopment put on hold at the end of companies are being forced to Basingstoke town centre. The shops. A great deal of interest has 2010 when the previous pass on higher costs to their demolition company going into been shown so far by property contractor, Armoury Group, customers. administration was unfortunate, companies and it is anticipated went into administration. Now, Writing this ahead of the but we are delighted to that recommendations on the Erith Construction has been Budget, we can only hope announce that a new contractor developer will be reported back appointed as the demolition that George Osborne’s has been appointed and to councillors later in the summer. contractor to complete the work. package further stimulates we expect this work to be The company has taken over For further information on Basing the economy and is received completed in the autumn within responsibility for the site from View visit the website below. positively by businesses. We the earmarked growth point Basingstoke and Deane Borough Details: www.basingview.co.uk need strong actions from funding we received from central Council and demolition work government to help the government.” was expected to restart last private sector get this country In the May issue of month, with a target completion At the same time as starting back on its feet. The Business Magazine date of September this year. the demolition, the council has The year has started well, been searching for a high-profile • Deals Awards Special The council’s leader Cllr Andrew despite the uncertainty in development partner to help • Education & Business Finney said: “Throughout this foreign fields. Now the regenerate the business park over • Summer Hospitality project the council has remained government should press the the next 10 to 15 years. • Legal Focus totally committed to creating accelerator. a 21st Century urban business The plans for the Basing View For more details call: 0118-9745308 David Murray, Publisher park of regional importance, as area include a mixture of office or email: [email protected] part of our transformation of space, hotels, leisure facilities and www.businessmag.co.uk THE BUSINESS MAGAZINE – THAMES VALLEY – APRIL 2011 news 5 THE Enterprise M3 chairs BusinessTM announced MAGAZINE:DIGITAL Basingstoke and Deane Borough providing transportation and Council has chosen two business development advice to central and industry leaders to help government, banks, major Read these stories in full in this month’s issue of establish the new Enterprise M3 developers, local government and The Business Magazine:Digital partnership, which was approved international funding agencies, at www.businessmag.co.uk by the Government as a local he has been involved in a number enterprise partnership (LEP) in of high-profile national and Apprenticeships back on the high-priority list February, and drive forward its international projects. benefits for the local economy. One of the best actions that came out of the Budget last month was the French said: “The Enterprise move to invest in apprenticeships and technical colleges. Geoff French, of URS Scott Wilson, M3 local enterprise partnership the engineering, construction and provides a great opportunity to How to unlock tied-up funds technical services organisation, debate and influence the major Improving working capital has become a focus for every CFO and is is to be the interim chair and issues that affect all of us. Our crucial to business growth and profitability. John Copley, of Farnborough immediate task is to establish a Aerospace Consortium, the trade structure that will enable that Grants encourage small businesses to innovate and grow association for the aerospace debate and influence to flourish The Technology Strategy
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