Business & Technology
UK hovercraft manufacturer shut down after 48 years
Bill Baker Vehicles Limited, which traded under the name BBV Hovercraft, was officially dissolved on June 16, nearly 50 years after it was incorporated in February 1978.
Founded and run by Bill Baker, a ‘pioneer in light hovercraft in the UK’, who built his first operational hovercraft in 1973, the company produced racing hovercraft designs and larger hovercraft for use over ‘all forms of terrain’, built under licence in the US and Sweden.
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The BBV Hovercraft website said: “No other vehicle could do the job as efficiently.
“Hovercraft are supplied by us, or made under licence to our designs, and are used for transport, surveying, pollution monitoring and more, around the world.”
Trading out of Hornton in Banbury, Mr Baker ran the company with his son.
Mr Baker said: “I am 81 and have been winding down for some time, but as we still have customers who use their hovercraft for both surveying and rescue my son Rupert has taken on the task of keeping them operational, and is still involved with the competitive use run by the Hovercraft Club of Great Britain (HCGB).
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“The use of hovercraft for recreation has changed over the years with a falling membership of the HCGB, the commercial use in this country has never been large, but many copies of our craft are now being made around the World which is satisfying to the ego, if not the bank-balance.”
The Hovercraft Club of Great Britain is the organisation for racing and recreational hovercraft.
Mr Baker self-published a seminal book last December on his experience of hovercraft, titled The British Light Hovercraft Beginnings.
Business & Technology
World Cup spending to hit GBP £4.5bn, warns survey
Manhattan Associates has published survey findings that put World Cup-related spending by UK consumers at GBP £4.5 billion, while warning retailers face a heightened risk of stock shortages during the tournament.
The research found that 78% of British adults, or about 43 million people, expect to watch the competition. Of those viewers, 76% plan to make purchases linked to it. Average spending among fans is projected at GBP £136.25, with 28% expecting to spend more than GBP £150.
Food, drink and merchandise are among the main spending categories. About 43% of fans said they plan to buy food and snacks for watching at home, 35% intend to stock up on beer, wine and alcohol, and 16% expect to buy a new replica kit.
Some consumers also plan bigger-ticket purchases for home viewing and entertaining. The survey found that 16% expect to buy new BBQs or outdoor cooking equipment, while 10% plan to upgrade televisions or screens.
Spending intentions vary by age group and region. Consumers aged 25 to 34 are expected to spend the most, at an average of GBP £174.78, followed by Gen Z adults aged 18 to 24 at GBP £146.12. London consumers lead regional spending at GBP £160.82 per person.
The findings also point to limited tolerance for out-of-stock items in the run-up to matches. Some 84% of fans said they would travel further to find a product if it was unavailable the day before a game, and 7% said they would travel for more than an hour.
That raises the stakes for retailers managing short bursts of demand tied to match schedules. The survey found that 71% have experienced stock shortages or fulfilment failures during previous major tournaments.
The issue appears most acute in certain sectors. Toys, games and baby products retailers reported the highest level of past disruption, at 89%, followed by fashion and apparel at 80%.
Retailers also attached a significant financial cost to failures during the event. Nearly two-thirds, or 63%, said a stock problem during the World Cup would cost more than GBP £100,000. The average loss was estimated at GBP £116,836, rising to GBP £125,557 in fashion and apparel.
Martin Lockwood, Senior Director at Manhattan Associates, said the combination of concentrated demand and low consumer patience creates a direct commercial risk for sellers that fail to keep products available.
“A tournament like the World Cup compresses months of demand into a few intense weeks, and consumers have made it clear they won’t wait around for a restock,” said Martin Lockwood, Senior Director at Manhattan Associates.
“When 84% of fans say they’ll go elsewhere if a product isn’t on the shelf before kick-off, every fulfilment failure becomes a direct handover of revenue to a competitor. And when demand spikes ahead of kick-off, a forecast alone won’t protect you. Retailers need to see what’s happening in real time, redirect stock quickly and adjust fulfilment before empty shelves turn into lost sales. The retailers who win this summer will be those with a unified, execution-first supply chain – one that’s strong enough to absorb the surge, flexible enough to move stock at speed, and built to protect the promises they’ve made to customers when the pressure peaks.”
Planning ahead
Earlier preparation appears to be linked to fewer problems. Nearly half of retailers, or 47%, said they begin planning stock and supply chain operations more than six months before the tournament, while 87% start at least three months in advance.
Only 1% said they rely on reactive demand planning alone. Among sectors, sport, outdoor and leisure businesses were the earliest planners, with an average lead time of 5.82 months.
That same sector also reported the lowest level of stock problems, at 45%, well below the broader market average of 71%. The data points to a connection between longer planning cycles and better product availability during demand peaks.
Lockwood said the pattern across sectors was clear, but argued that preparation alone would not be enough once consumer behaviour begins to shift during the tournament.
“The correlation is impossible to ignore: the sectors that plan earliest experience the fewest stock failures,” said Lockwood.
“Sport, outdoor and leisure retailers plan nearly six months ahead and, as a result, have roughly half the stock problems of the wider market. But planning alone isn’t enough. Demand during the World Cup moves fast, so retailers need a unified, real-time view of their entire operation – one that lets them see exactly what’s selling, reallocate stock and adjust fulfilment in the moment, all from a single source of truth. Forecasting gets you to the starting line; unified, real-time execution is what wins the game.”
Business & Technology
Axiologik hires two principals as AI demand surges
Axiologik has appointed Andy Roberts and Tim Lewis to its senior leadership team as demand for AI projects rises.
AI-related enquiries have increased roughly tenfold over the past nine months. The Leeds technology consultancy is also recruiting for 15 more AI-focused roles as it expands work for clients trying to move AI projects from pilot stages into operational use.
Roberts joins as Principal Consultant after 25 years working across consulting, technology, sport and media. His recent work has focused on helping organisations make AI projects deliver commercial results.
Lewis also joins as Principal Consultant. Named Prolific North Tech Leader of the Year in 2025, he has worked on technology teams and systems in logistics, health technology and gaming.
The recruitment drive reflects a wider pattern among organisations that have experimented with AI but struggled to deploy it at scale. Clients are contending with issues including data readiness, legacy systems and governance as they try to put AI into live environments.
Axiologik works with clients ranging from banks to government departments, helping them move beyond proof-of-concept work to systems that can operate within regulatory and operational constraints.
Demand shift
The growth in AI work comes as businesses reassess how to turn investment in generative AI and related tools into practical outcomes. Axiologik cited MIT research finding that 95% of generative AI pilots do not reach production, and said many organisations are still facing the same deployment problems identified in that research.
That has created an opening for consultancies that can combine engineering, software delivery and governance with AI projects. Axiologik said it differs from firms that place AI in standalone innovation units by spreading AI training across the business, with all staff AI-certified.
The business has also introduced AxioIntelligence, an AI readiness assessment designed to help executive teams identify where AI may produce a return and what governance work is needed first. It sits alongside Axiologik’s wider work in digital services, legacy modernisation and cyber security.
Roberts set out his view of the market challenge in a statement on his appointment.
“The appetite for AI certainly isn’t a problem; execution is. Most organisations can run training or a pilot. Far fewer can turn that into transformation at scale, the complex, business-wide change that delivers a return. That’s what Axiologik is built to do, and why I joined,” said Andy Roberts, Principal Consultant, Axiologik.
His appointment adds another senior figure to Yorkshire’s technology consulting sector at a time when firms are competing for specialists in data, software and AI delivery. Leeds and the wider region continue to build a reputation in digital services, with activity spanning financial services, public sector technology and health technology.
Lewis said clients were looking for practical support rather than broad claims about AI.
“Clients don’t need more noise about AI; there is plenty of that about. They need help managing risk and building the data architecture and software foundations to make this work in practice. Doing that inside a B Corp that takes governance seriously is exactly the right place to do it properly,” said Tim Lewis, Principal Consultant, Axiologik.
Axiologik was founded in Leeds in 2016 and works across public and private sector technology programmes. The latest expansion strengthens its work in secure and regulated digital change.
Business & Technology
In conversation with Tonko, head chef at The Close
My signature summer dish reflects this beautifully: pan-seared wild seabass with wild garlic and cockle velouté, accompanied by crispy confit potato, asparagus, and a bright lemon gel. It offers a delicate balance of fresh coastal flavours, citrus lift, and refined textures, capturing both elegance and the essence of the season.
Who inspires you?
I have two answers to this.
The first isn’t a “who,” but a “what.” For me, inspiration in the kitchen often comes from beyond it. I love exploring new places and drawing on the cultural differences, flavours, and ingredients found around the world.
The second is the people around me. I take great inspiration from my colleagues: both in the kitchen and across the hotel and restaurant at The Close. We’re all passionate individuals who share a genuine love for working in the beautiful world of hospitality.
Which three kitchen tools could you not do without?
The three kitchen tools I can’t live without are my razor-sharp chef’s knife, trusty cast-iron skillet, and instant-read meat thermometer – the essentials I reach for every single day.
How long did you train for?
Honestly, I think we’re always training – always learning something new through life and every experience along the way.
What is your greatest achievement as a chef?
My greatest achievement as a chef is seeing the people I’ve trained go on to thrive and make their mark in the culinary world. Watching their passion, confidence, and talent grow is incredibly rewarding.
On a personal level, some of my proudest recent achievements include being named Chef of the Year and earning AA Rosettes for culinary excellence.
What challenges do you face in the kitchen?
One of the ongoing challenges in the kitchen is balancing creativity with consistency — continually developing new ideas while ensuring every dish is delivered to the highest standard. It keeps us focused, motivated, and always learning as a team.
The Close
Long St, Tetbury GL8 8AQ
Tel: 01666 502272
Web: cotswold-inns-hotels.co.uk/the-close-hotel
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