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Stronger economy in first half of year fuelled increase in South West deal activity

July 22, 2016
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Stronger economy in first half of year fuelled increase in South West deal activity

Merger and acquisition activity in the South West climbed by 4.3% in the first half of this year as the economy continued to recover and cash-rich businesses hit the takeover trail. However, the total value of 267 deals was down 15% at £3.08bn against the same period in 2015. And some experts are warning...

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Business West urges Govt to act as unemployment edges up amid fresh fears of an economic slowdown

July 20, 2016
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Business West urges Govt to act as unemployment edges up amid fresh fears of an economic slowdown

The region’s largest business organisation, Business West, today called for “stability, clarity and action” from the Government after official figures showed a small rise in unemployment across the South West and fears grow of an economic slowdown. The number of people out of work and claiming benefit edged up by 8,000 – or 0.2%...

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EU referendum campaign failed to dent economic growth in Swindon and Wiltshire, survey reveals

July 13, 2016
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EU referendum campaign failed to dent economic growth in Swindon and Wiltshire, survey reveals

Swindon and Wiltshire’s economy was growing ahead of the EU referendum with business confidence, job creation and sales all climbing, according to the latest survey by Business West, the region’s largest business organisation. More than 170 businesses took part in the poll, which was held in May and June, before the referendum result on...

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Swindon CGI firm lands contract with Airbus to take would-be customers on virtual flights of fancy

July 11, 2016
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Swindon CGI firm lands contract with Airbus to take would-be customers on virtual flights of fancy

Global aerospace giant Airbus has commissioned small Swindon-based specialist CGI firm Rendermedia to help it win new customers by harnessing the latest virtual reality technology. Rendermedia has created a series of VR programmes that showcase Airbus Defence and Space products. It went live today at the Farnborough International Airshow – the world’s biggest aerospace...

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Winners named in PwC’s coveted West of England Business of the Year Awards

July 11, 2016
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Winners named in PwC’s coveted West of England Business of the Year Awards

Property services firm Ian Williams and bakery Ministry of Cake are the winners of the region’s most prestigious business awards. The firms came out top at accountants PwC’s annual West of England Business of the Year Awards, which were announced at a gala dinner last week. Chipping Sodbury-based Ian Williams provides a range of...

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Wait is almost over for contenders in the region’s most prestigious business awards

July 4, 2016
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Wait is almost over for contenders in the region’s most prestigious business awards

Some of the West of England’s top firms will find out this week whether they have won the region’s most prestigious business awards. Corsham-based pharmaceutical manufacturing company Bath ASU is among the finalists in accountants PwC’s annual West of England Business of the Year Awards, which take place in Bristol on Wednesday . Bath...

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Jobs axed and investment frozen as Brexit starts to hit Swindon firms

June 29, 2016
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Jobs axed and investment frozen as Brexit starts to hit Swindon firms

Firms across Swindon and the West of England are already cutting jobs, hiking prices and freezing investment as a result of the fall-out from the Brexit vote, according to a snap poll by Business West, the region’s largest business organisation. One company said it was considering moving overseas while others have stopped taking on...

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Views on Brexit impact sought from Swindon firms as Government moves to steady businesses’ nerves

June 28, 2016
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eu flag

Firms from Bristol and across the West of England are being asked for their views on the likely impact of Brexit ahead of a series of crunch meetings between business leaders and senior government figures. The first takes place today when Business Secretary Sajid Javid, pictured, hosts a round table with more than 20 representatives...

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Brexit: Swindon firms hammered by stock market fall-out

June 24, 2016
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Brexit: Swindon firms hammered by stock market fall-out

Millions of pounds were again wiped off the value of Swindon and Wiltshire firms quoted on the London Stock Exchange today as the market turmoil triggered by Friday’s Brexit result continued into this week. Having suffered heavily on Friday, listed firms’ hopes of a more sober day today were dashed as soon as the...

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Brexit: National business reaction

June 24, 2016
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Brexit: National business reaction

Business organisation the CBI, which had lobbied hard for the UK to remain in the EU, called for “strong and calm leadership” from the Government to ensure economic stability as Brexit kicks in. Director-general Carolyn Fairbairn described the vote as a “momentous turning point” in the country’s history. “The country has spoken and it’s...

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