Honda to axe 800 jobs at Swindon plant

January 11, 2013
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Japanese car giant Honda is to cut 800 jobs at its Swindon plant as a result of weak demand across Europe. The Swindon plant, which produces the Civic, Jazz and CR-V models, employs 3,500 people. Some 500 jobs were created there less than a year ago. Honda has begun a 90-day consultation period on...

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Turnover hits record at fast-growing IT recruiter Outsource UK

January 9, 2013
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Swindon-based IT recruiter Outsource UK has increased turnover by 45 per cent, reflecting growth across all its sectors and sending the figure through the £30m mark for the first time. The firm’s turnover rose to £31.7m to year ending May 31, up from £21.8m in 2011. During this time Outsource achieved organic growth across...

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Major upgrade in West routes confirmed by Network Rail

January 8, 2013
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Major upgrade in West routes confirmed by Network Rail

Network Rail today pledged to improve services across the West and into London as it continues the biggest investment in the region’s railways since the Victorian era. But it also warned that tough choices needed to be made if the industry is to meet the competing challenges of improving services for an ever-growing number...

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West business confidence growing but outlook is challenging, survey shows

January 8, 2013
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West business confidence growing but outlook is challenging, survey shows

Confidence is increasing among many West firms and they are ambitious for growth, one of the region’s key business surveys shows today. But many are also fearful of the impact the wider economy could have on their business and there are still challenges ahead in 2013. And while many firms are recovering in areas...

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Professional services breakfast launches Banks’ networking events for 2013

January 8, 2013
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Professional services breakfast launches Banks’ networking events for 2013

Swindon-based chartered accountancy firm Banks kicks off its 2013 series of free networking events with a breakfast for people working in professional services. The event is on Wednesday, January 16, from 7.30am to 8.45am at Banks’ offices at Vicarage Court in Ermin Street, Stratton. Details of all Banks’ events are available on the company’s...

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Senior appointments for Barclays’ West corporate banking team

January 8, 2013
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Senior appointments for Barclays’ West corporate banking team

Barclays has made two key senior appointments in its South West corporate banking division. Gavin Isle, pictured right, who has worked for Barclays for 30 years, has been appointed as managing director, corporate banking, having undertaken the same job in the bank’s Southern region since July 2010.  His career has predominantly been in the corporate...

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Borough Council invests in town centre retail property

January 7, 2013
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Borough Council invests in town centre retail property

Swindon Borough Council has acquired a retail investment property in Regent Street for £1.57m. The detached building, pictured, has four retail units on the ground floor with office accommodation above and a 26-space car park to the rear. It was bought from Tameside Metropolitan Borough Council. Income from the property, which has William Hill,...

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Regional fraud soared to £45m last year, new figures show

January 7, 2013
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Regional fraud soared to £45m last year, new figures show

The value of fraud committed in the South West has more than trebled over the past year to go above £45m for the first time, figures out today show. The increase is in marked contrast to the picture for the UK as a whole, with the value of total reported fraud in 2012 falling...

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Ahead of the Agenda: The Week Ahead

January 6, 2013
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Monday January 07 TRADING ANNOUNCEMENTS Morrisons UK ECONOMIC ANNOUNCEMENTS New car registrations (UK) (Dec) Tuesday January 08 TRADING ANNOUNCEMENTS Dunelm, Persimmon, Robert Walters, Signet EGMS Kingswalk Investments Ltd AGMS Debenhams TRADING ANNOUNCEMENTS Balfour Beatty, Persimmon, Robert Walters UK ECONOMIC ANNOUNCEMENTS BRC Retail Sales Monitor (00:01) Wednesday January 09 TRADING ANNOUNCEMENTS Restaurant Group, Sainsbury (J),...

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‘Businesses must work hard to meet employment challenges’, says Acas chief

January 6, 2013
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‘Businesses must work hard to meet employment challenges’, says Acas chief

Pay rises – or the lack of them – and the need for employers to motivate and engage their staff will be among the major workplace challenges in 2013, according to Tony Cooper, South West director of Acas, Britain’s top employment relations service. Here Tony, pictured, looks at the themes that are likely to...

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