One-in-four (24%) UK employees have taken time off work in the past 12 months due to stress, new research from Avilio has found. The productivity and performance coaching provider commissioned an independent, nationally representative survey of 1284 UK workers, 739 of whom are in management positions. It found that over a third (34%) of workers have experienced burnout in the past 12 months. Of those who are managers, 38% say they are stressed on a day-to-day basis in their professional lives. When managers were questioned about their employers’ response to employee wellbeing, 58% say their organisation has initiatives in place to monitor and improve employees’ wellbeing. A similar number (61%) believe that their organisation cares about their stress and emotional wellbeing. This comes as nearly three-in-ten (28%) employees say they are likely to change jobs between now and the end of 2025. Philippe Masson, CEO of Avilio, said: “Clearly, there’s a disconnect between the wellbeing initiatives in place and the actual needs of employees. Even though many feel their organisation cares about their stress and emotional wellbeing, rampantly high levels of stress and burnout suggest that current efforts are just not enough – it's time for employers to change that." “True support should go beyond awareness and tick-box policies. It requires consistent, proactive, evidence-based solutions that effectively reduce stress and foster a healthier workplace. Such a significant proportion of workers taking time off consistently has clear financial implications for businesses and without robust solutions in place, they will continue paying the price. In addition, they risk losing out on top talent – and with so many looking to leave their jobs, it's clear that retention should be a top priority." “Greater levels of support to reduce stress and burnout would strengthen both employee wellbeing and staff retention rates. After all, a healthy and well-functioning workforce cannot be built on good intentions alone, but instead forged through meaningful policies that truly meet employees’ needs.”

New data has revealed a growing talent crisis in British businesses that could derail UK economic ambitions in light of a growing tax burden. The Greatest Leap report, commissioned by leading business advisory and accountancy firm Menzies, surveyed 500 UK CEOs, MDs, COOs, and founders to understand the challenges they face as they attempt to scale. The findings paint a concerning picture of the "people problem" in UK businesses - a leadership and workforce gap that could stifle the country’s economic ambitions. Over half (55%) of business surveyed stated that people management was the single biggest challenge they are facing in the present economic environment – including hiring, retention and managing company culture. And what’s more is that almost one in three UK business leaders (32%) report struggling to build a competent senior management team. And for those who do, the same percentile (32%) admit that their inability to confidently delegate decisions down the chain has been a major obstacle to growth. This reluctance to hand over control is keeping leaders bogged down in daily operations instead of focusing on strategic, long-term objectives. And this ‘people problem’ is not just limited to the most senior levels. The report reveals that 98% of large businesses have faced wider workforce-related issues, and 55% of business leaders said people management - including hiring, retention, and managing company culture – is the single biggest challenge they are facing. “The ability to build a capable team is fundamental to scaling a business: the right people are often the deciding factor between success and stagnation,” says Ed Hussey, People Solutions Director at Menzies. “A failure to secure the right people, particularly at the senior level, creates a domino effect - leaders can’t focus on the bigger picture, and the business misses out on growth opportunities." "And when firms struggle to scale, it impacts more than just their bottom line. It’s a major roadblock to achieving the kind of high-growth, innovation-driven economy the UK needs.” To support business leaders in overcoming these challenges, Menzies has developed a comprehensive guide, ‘Are You Ready for The Greatest Leap: How to Accelerate Your Business Ambitions’. The guide provides strategic advice on how to navigate the complex transition from medium-sized to large enterprises, with a chapter focused on overcoming people-related obstacles. From developing leadership teams to implementing effective HR practices and creating a strong company culture, the guide offers actionable insights designed to help businesses thrive. Find out more and download ‘Are you ready for The Greatest Leap: How to accelerate your business ambitions’ here .

A 230,000 sq ft redevelopment project has reimagined the former site of West One and Castle House in the heart of Leeds, creating a state of the art workspace designed to help ‘innovation thrive and stimulate collaborations between like-minded businesses’ Already 75% pre-let at launch last month, West Village was developed and is operated by Bruntwood SciTech - a joint venture between Bruntwood, Legal & General and Greater Manchester Pension Fund - and was delivered by principal contractor Robertson Construction Yorkshire & East Midlands. West Village comprises a new four-storey extension with external green living walls with two private garden terraces and offers a new mix of coworking, serviced and leased workspaces for innovation-led businesses of all sizes. The redevelopment also benefits from new finishings in the central courtyard with expansive ‘biophilia’ which will be used as a flexible event and outdoor communal space that is available to both businesses located at West Village and the general public. Businesses already confirmed to make West Village their home include global in surtech innovators QBE - who have located their robotics centre and technological development hub at West Village, Australian fintech company, PEXA, and leading coding boot camp providers Northcoders. The design of the new workspace has sustainability and wellbeing at its heart, and is focused around an expansive new entrance space with shared lounge, breakout spaces and meeting rooms. It also has a café operated by independent retailer Second City Coffee and art curated through a partnership with Leeds University students. Improvements have been made to the building to reduce CO2 emissions, improve air quality, reuse rainwater, reduce noise and create new habitats for local birds and wildlife. As part of the redevelopment, the building has been fitted with high efficiency air source heat pumps, sensor technology to promote the use of natural ventilation, new windows and additional wall insulation. Jonathan Sizer, Regional Managing Director, Robertson Construction Yorkshire & East Midlands, said: “West Village gives Leeds a state-of-the-art workspace that has the flexibility to respond to the needs of a diverse mix of tenants. It doesn’t just look fantastic - wellbeing and sustainability run through the whole of the project and it’s clear it will be a catalyst for innovation and collaboration in Leeds for years to come." Andrew Cooke, Regional Director - Leeds, Bruntwood SciTech, said: “West Village is the culmination of a hugely ambitious and important redevelopment project for the city. Leeds has built a reputation as a leading technology ecosystem and for good reason, with hundreds of innovative businesses now calling the city home." “Having already built a successful ecosystem of tech-led businesses at nearby Platform, we are excited for West Village to join and build this community, ultimately adding to Leeds’ burgeoning technology status.” West Village marks the culmination of an ambitious development project by Bruntwood SciTech - a joint venture between Bruntwood, Legal & General, and Greater Manchester Pension Fund.

Willmott Dixon Interiors has been appointed to deliver a new school in Surrey for high-performing mathematicians. The will carry out a refurbishment of Surrey Maths School (SuMS), a state-of-the-art three-storey building on Mary Road near Guildford. SuMS is one of a small number of state-funded, specialist schools for students with a flair for mathematics and other STEM subjects. The school is currently open in temporary accommodation and will serve up to 200 young people aged 16-19 when fully operational in its new home from mid-2025. Previously used as office space, SuMS's new home will be stripped out and reconfigured to create 28,911 square foot of new education space. It will house classrooms, quiet rooms and lab spaces, as well as specialist provision for SEN students, while there will also be an auditorium, school hall and canteen. Willmott Dixon Interiors will also update the building’s M&E systems, including new lighting and air handling units. Improvements will also be made to the existing roof and guttering. It is the first project to be delivered by the contractor via the Department for Education’s (DfE) construction framework and follows the earlier completion of enabling works on site. As part of its commitment to social value, Willmott Dixon Interiors will deliver a series of local community initiatives alongside the main works. They include employment of up to two T-level students and partnerships with five local schools, creating opportunities for work experience placements, site visits and workshops. Josh Armstrong, head of new business at Willmott Dixon Interiors, said: “We are excited to be delivering our first project through the DfE’s framework agreement. SuMS is a fantastic addition to schools in the Surrey region and will provide an exceptional teaching environment for local young people. Our refurbishment will create a number of bespoke spaces for teaching and learning, and we look forward to handing over the completed project next year.” Willmott Dixon Interiors has delivered projects across an extensive range of facilities, such as teaching space, academic and administrative office space, and student facilities, ranging from accommodation to libraries. Notable projects include the £47 million refurbishment of London South Bank University’s London Road Building, and the refurbishment of a multi-purpose space for students at the University of Westminster’s CSE Innovation Centre.

Family-owned farms are the lifeblood of the UK's rural landscape, playing a pivotal role in sustaining the economy, preserving cultural heritage, and nurturing the communities that thrive alongside them. In an era of globalisation and industrial-scale farming, these farms stand as a testament to resilience, sustainability, and local enterprise. Not only do they feed the nation they are custodians of the land and part of the very fabric and heritage of the country too. Economic Contribution: A Critical Foundation Family farms form the backbone of British agriculture, representing a significant proportion of the industry. According to the National Farmers' Union (NFU), over 90% of farms in the UK are family-owned, contributing billions of pounds annually to the economy. These enterprises range from small-scale operations to large estates, encompassing livestock, arable farming, and horticulture. Not only do family farms directly support the agricultural economy, but they also fuel ancillary industries, such as food processing, logistics, and retail. The supply chains that start at the farm gate ripple out to touch every corner of the UK’s economy, from farmers' markets to supermarkets, restaurants, and exports. Community Roots: Sustaining Rural Life The influence of family-owned farms extends far beyond the financial. In rural areas, farms act as hubs of activity and community cohesion. They provide local employment, sustain schools and businesses, and contribute to the social fabric of villages and towns. Family farmers often act as stewards of the countryside, maintaining public footpaths, protecting wildlife habitats, and organizing community events. Seasonal traditions like lambing days, harvest festivals, and open farms bring communities together, fostering an appreciation for the rural way of life. Sustainability: Guardians of the Land Family-owned farms have a vested interest in sustainability. Passed down through generations, these farms are deeply connected to the land they work, leading many to adopt environmentally friendly practices that ensure its health for the future. From hedgerow planting and soil regeneration to renewable energy initiatives, family farms often lead the charge in green innovation. Many also engage in regenerative farming practices that support biodiversity, reduce carbon emissions, and mitigate climate change—essential in aligning with the UK’s environmental goals. Cultural Heritage: Preserving a Way of Life Family farms are custodians of Britain’s rural heritage. Centuries-old traditions, farming methods, and local knowledge are preserved through generational continuity. This heritage not only enriches the nation’s cultural identity but also attracts tourism, with visitors drawn to the pastoral beauty of the countryside, farm stays, and agritourism experiences. Challenges and the Path Forward Despite their importance, family-owned farms face significant challenges. Rising input costs, volatile markets, land access issues, and the impact of climate change threaten their viability. Additionally, Brexit and shifting agricultural policies have introduced uncertainties around subsidies and trade, and the recent announcements with regards changes to Inheritance Tax and APR/BPR exemptions is casting a deep shadow of the farming sector, and placing many family owned farms, many that have been in a family for generations, at risk. To safeguard these vital enterprises, policymakers and consumers alike must take action. Increased support for sustainable practices, investment in rural infrastructure, and fair market conditions are critical. At the same time, consumers can support family farms by buying locally produced goods and advocating for ethical food systems. Governments must also understand, respect and manage policies that enable farmers to do what they do without the need to constantly consider the future survival of the business too. A Future Worth Protecting Family-owned farms are more than economic engines—they are the heart of rural Britain. Their contributions to food security, environmental stewardship, and cultural identity are immeasurable. By valuing and supporting these farms, the UK ensures that its countryside and communities remain vibrant for generations to come. Farming is more than a job; it's a legacy and one that is woven into the fabric of the nation which needs to be preserved.

Horizon Care, is celebrating after being recognised as regional winner of the Housing with Care Provider Award at the distinguished Great British Care Awards 2024. Horizon Care works across a number of locations across Yorkshire and the Humber including Rotherham, Sheffield and Doncaster. The dedicated team, support people with learning disabilities, autism, and mental health challenges to lead full and independent lives. Jamie Rankin, Managing Director, expressed his pride in the team: “This award is a proud moment for all of us at Horizon Care. It showcases the incredible work our team does every day to ensure people can live independently with dignity and support." "We’re honoured to receive this recognition and look forward to building on this success.” Horizon Care will find out if they have been crowned winner of the National Finals when they attend the Great British Care Awards National Finals in in Birmingham in March 2025.

The UK Budget 2024 has introduced some notable changes to Business Property Relief (BPR), prompting fresh considerations for family business owners looking to safeguard their legacy. BPR has long provided tax benefits on qualifying assets, making it easier to pass family businesses to the next generation. Now, with new adjustments, it’s time to reassess and plan for the future. What’s Changing with BPR? Until now, many family-owned business assets could be passed on free from inheritance tax, supporting smoother transitions and continuity. But from April 2026, BPR will be limited to the first £1 million of combined agricultural and business property. Any value above this threshold will receive just 50% relief, introducing potential tax liabilities that family businesses haven’t faced before. For shares listed on the Alternative Investment Market (AIM), relief will be reduced to 50%, regardless of the asset’s value. These changes reflect the government’s aim to increase tax revenues while preserving relief for essential business assets. However, they may lead to significant tax obligations for families transferring business ownership. What Family Business Owners Should Consider With these changes, it’s essential for family business owners to review their plans and ensure they’re prepared. Here are some key steps to consider: Anticipate Tax Implications: With the new £1 million cap, assets over this threshold will face inheritance tax of 20%, which may require additional planning to manage. Taking time now to assess your holdings and tax exposure can make all the difference down the line. Ensure Business Continuity: The additional tax burden could mean some families may need to liquidate certain assets or shares to cover inheritance taxes, which can impact the business itself. Planning for continuity can help keep your business intact and thriving. Review Investments in AIM Shares: The reduction in relief for AIM shares may make them less appealing for inheritance tax planning. Now might be a good time to revisit your investment portfolio and see if adjustments are needed. Seek Professional Advice: Consulting with tax and financial advisers can provide clarity on these new rules and help you explore strategies to reduce tax liabilities, whether through restructuring, alternative reliefs, or trusts. Looking Forward Changes in the Budget may feel daunting, but with proactive planning and the right support, family businesses can still thrive across generations. Taking the time to explore your options, ensure liquidity, and consult professionals will help your family business adapt to these shifts while keeping your legacy strong. About the Author - Jeff Simpson is a Chartered Financial Planner at Hymans Robertson Personal Wealth. Find out more by visiting their website here The contents of this article is for general information purposes only and should not be regarded as financial advice. It should not be considered a substitute for regulated advice on specific circumstances and objectives. Watch an on-demand webinar where Jeff tax expert Anthony Whatling from Alvarez & Marsal, discuss the various outcomes of the Autumn Budget and their implications for family business owners.

The 2024 UK Budget has introduced significant changes to National Insurance (NI) contributions that will impact family business owners. With increased NI rates scheduled to take effect in April 2025, understanding the implications for both personal finances and business operations is essential. Here’s a breakdown of what family business owners need to consider and some practical steps to help minimise the potential impacts on their business. Key Implications Of The NI Increase Employer contributions : Family businesses will face higher operating costs due to increased NI rates, especially if they employ a substantial workforce. Impact on hiring plans : The rise in NI costs could make it more expensive to hire additional staff, potentially leading family businesses to delay or reconsider expansion plans. This could affect growth strategies and resource allocation for projects reliant on workforce increases. What Family Business Owners Should Consider For family business owners, the rise in NI contributions introduces both financial pressures and the need for proactive planning. Here are key considerations for navigating these changes effectively: Assess the financial impact on payroll and operating costs With the increase in NI contributions, family businesses will see a rise in payroll expenses, which could affect profit margins. This will be particularly relevant for businesses with larger workforces. By reviewing cash flow forecasts and revisiting budget allocations, owners can work to maintain financial resilience amid these changes. Explore operational efficiencies To counterbalance higher NI contributions, family business owners can look for ways to reduce operational costs in other areas. Options may include automating certain tasks, renegotiating supplier contracts, or reviewing overhead expenses. These adjustments, even if modest, can add up over time and help manage increased payroll costs. Consult with a financial adviser or tax specialist Engaging a financial adviser or tax specialist can help family businesses understand the broader impact of the NI increase on both individual and business finances. These professionals can provide guidance on tax-efficient compensation options, cash flow planning, and long-term financial sustainability. Looking Forward The NI increase presents potential challenges for family businesses, but with careful planning, these impacts can be managed. Taking proactive steps now will help family businesses navigate the new financial landscape and improve long-term financial resilience. About the Author - Jeff Simpson is a Chartered Financial Planner at Hymans Robertson Personal Wealth. Find out more by visiting their website here     The contents of this article is for general information purposes only and should not be regarded as financial advice. It should not be considered a substitute for regulated advice on specific circumstances and objectives. Watch an on-demand webinar , where Jeff Simpson from Hymans Robertson Personal Wealth and tax expert Anthony Whatling from Alvarez & Marsal, discuss the various outcomes of the Autumn Budget and their implications for family business owners. It is for general information purposes only and should not be regarded as financial advice. It should not be considered a substitute for regulated advice on specific circumstances and objectives.

Quality national decorating contractor Bagnalls has again been ‘Highly Commended’ for its apprenticeship schemes for the second successive year at the National Apprenticeship and Skills Awards 2024. The UK-wide company succeeded in the Large Employer category, within the Yorkshire and Humber regional heats. Stephen Bagnall, Group Managing Director of Bagnalls, said: “It’s a wonderful honour to receive the ‘Highly Commended’ title for the second year running. We’re extremely proud of the work we do at Bagnalls to support our apprentices and furnish them with the skills required to succeed in their chosen careers. To have this provision independently recognised means a great deal to all of us.” This year the highly respected National Apprenticeship and Skills Awards are celebrating their 21st anniversary, with household names such as Royal Mail, Aviva, Marston’s Brewery and the County Durham and Darlington NHS Foundation Trust competing for the prestigious winner titles. Nominations are accepted from various industries, with this year’s sectors ranging from construction, health and the public sector to IT, science and digital. With over 1,300 entries received nationally, the judging panel had their work cut out to select the winners. The Yorkshire and Humber regional heats saw some incredible businesses receive recognition for their provision for apprentices, with Jet2.com ultimately taking home the crown. All the finalists represent recruitment excellence, high-quality training practices, diversity and career progression. The awards also recognise and reward individual apprentices and, this year, included inaugural awards for both T-Level students and employers. Management Trainee apprentice at Bagnalls’ York branch, Max Rollinson, also saw incredible success at the awards ceremony, winning The Lloyds Banking Group Rising Star of the Year Award! Max completed Level Two and Three Painting and Decorating apprenticeships with Bagnalls, before completing his Level Four Construction Site Supervisor apprenticeship earlier this year. This talented young apprentice will go forward to the national finals of the competition this November, where his colleagues wish him every success. Ellie Jobes, HR Director at Bagnalls, commented: “It’s fantastic to see Max have his talents recognised and rewarded. He is an exemplary Management Trainee and we are thrilled to have him as part of our team. Congratulations, Max – and good luck for the finals. The whole Bagnalls family is cheering you on!” The National Apprenticeship and Skills Awards 2024 are designed to reward the achievements of exceptional apprentices, T-Level students and skills champions, as well as apprenticeship and T-Level employers. Apprentices like Max prove they have gone above and beyond to make a difference during their studies, while employers such as Bagnalls work to champion skills and nurture young talent.

Family Business United is delighted to welcome Mighty Atoms as sponsors of the Small Business category at the prestigious National Family Business of the Year Awards. These awards, the only national awards in the country were founded back in 2012 and celebrate the very best of British family firms across the country. Over the years, winners have come from all corners of the UK and represent young family firms in the early stages of their development up to multigenerational family businesses in all sectors of the economy. The Small Family Business of the Year Award is always hotly contested by family businesses with up to 40 employees. Mighty Atoms specialise in helping SMEs of all sizes to unlock growth through improving their marketing and sales strategies. As Paul Andrews, Founder and CEO of Family Business United explains, “These awards are a highlight of our annual family business calendar and there is always a fantastic atmosphere on the night where the community comes together to celebrate and recognise the contribution that family firms make to the national economy, not just in terms of jobs, income and wealth but also their support of the communities in which they operate and their genuine acts of kindness as a force for good.” “We are delighted to welcome Mighty Atoms as sponsors of this award.” Nominations/Registration for the awards closes on November 30 and all businesses that want to be in the running for one of these prestigious awards needs to complete the short form here: https://www.familybusinessunited.com/memberships/family-business-of-the-year-awards We look forward to announcing the winners at a Gala Evening in London in June.

Knowsley-based JJ Smith has been awarded the prestigious King’s Award for Enterprise in International Trade, presented on Friday, 22nd November 2024. Recognised as one of the UK’s most esteemed business accolades, the award highlights JJ Smith’s exceptional contributions to innovation and excellence in international trade. The King’s Award for Enterprise, formerly the Queen’s Award, is a hallmark of business excellence. Out of 252 organisations celebrated across the UK this year, JJ Smith is also one of just four businesses in Merseyside to receive this honour – a distinction that reflects the company’s commitment to innovation and business leadership over its 101-year legacy. The award was presented by His Majesty’s Lord-Lieutenant of Merseyside, Mr Mark Blundell, on behalf of His Majesty King Charles III, joined by the High Sheriff of Merseyside and the Mayor of Knowsley. This achievement entitles JJ Smith to display the King’s Award Emblem for the next five years. Founded in 1923 and proudly family-owned for four generations, JJ Smith has cemented its position as a leader in the woodworking machinery industry. Specialising in both new and used woodworking machinery, the company serves a diverse range of sectors, including offsite construction, garden building manufacturing, door, staircase, and window production, as well as educational institutions and even the UK’s prison system. JJ Smith’s strength lies in its close collaboration with global suppliers, enabling the development of cutting-edge technology and tailored solutions. With a dedicated team of skilled professionals, the company ensures customers receive technically advanced and cost-effective machinery, maximising productivity and meeting complex production requirements. Rachael Baker, Managing Director of JJ Smith commented – “This is an incredible honour for JJ Smith and our community in Knowsley. Being one in only four businesses in Merseyside to receive the King’s Award is a testament to the hard work and dedication of our team. It reflects our commitment to excellence and innovation in the woodworking machinery industry, and our ongoing efforts to give back to the local community. We take pride in providing opportunities for young people in Knowsley and supporting businesses across the Liverpool City Region to engage with their communities.” This remarkable achievement underscores JJ Smith’s position as a forward-thinking leader in international trade. With a century of expertise and a steadfast focus on quality and innovation, the company is poised to continue driving excellence in the woodworking industry for generations to come.

As excitement builds for the opening of Lido Musselburgh, the team at Buzzworks is thrilled to unveil a menu designed to bring bold Mediterranean flavours to the East Coast. From authentic wood-fired Neapolitan pizzas to fresh pastas and chargrilled dishes, every item is crafted with care and the finest ingredients. Taking pride of place in Lido Musselburgh’s state-of-the-art open kitchen is a new wood-fired pizza oven, a key feature in bringing Lido’s passion for authentic Neapolitan pizza to life. Made fresh in-house using the finest ingredients, the pizzas are crafted with 100 per cent natural Caputo ’00’ Pizzeria flour, renowned for its light, tender, and moist finish. Each dough is kneaded and hand-stretched before being cooked to perfection in just 90 seconds. Topped with premium San Marzano tomatoes, delicious Fior di Latte mozzarella, and an array of carefully selected ingredients, these pizzas promise to be a standout feature on the menu. Operated by one of Scotland’s leading hospitality groups, Buzzworks, Head of Food, Scott van der Hoek, revealed: “We’re excited to bring Lido to the East Coast and showcase our much-loved menu." “Pizza is a particular passion for us, and we’re delighted to share our authentic Neapolitan recipes with the Musselburgh community." “Aside from this, our café, bar, and restaurant will offer something for everyone, with an all-day dining experience that transitions seamlessly from breakfast rolls and cakes to hearty lunches and casual evening meals." “We’re super excited to be able bring our culinary delights and signature hospitality to the East Coast." Following on from the success of sister venues already operating in Troon and Prestwick, fitting works have started on the company’s third Lido opening, representing the family-run business’ first venture into Musselburgh and generating more than 60 new jobs for the local economy. A first for Lido Musselburgh will be its all new dedicated to go area, with its own entrance and order area. Orders can be placed inside, online or by calling Lido Musselburgh to pop in to collect. Recruitment is also in full swing, and staff training is about to begin, ensuring the team is ready to deliver Buzzworks' signature welcoming hospitality. If you or anyone you know is interested in working at Lido – or any of Buzzworks’ other venues across Scotland – please visit their website at www.belongatbuzzworks.com Alongside Lido Musselburgh, the award-winning company offers an aspirational dining and entertainment experience across Scotland through its other stylish brands – Scotts, House, Vic’s & The Vine, The Duke, Thirty Knots, The Bridge Inn, The Fox and Herringbone.