Advanced manufacturing

Buoyant SCISYS says it has ‘mitigated Brexit risks’ with parent company move to Ireland

January 25, 2019
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Buoyant SCISYS says it has ‘mitigated Brexit risks’ with parent company move to Ireland

A flurry of new business won by its space division in December gave specialist IT and software group SCISYS a better-than-expected end to 2018, it said in a trading update today.   The Chippenham-headquartered group landed a series of contract wins with an aggregate value of £23m during the month. That bolstered its order...

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CBI warns of ‘devastating’ impact of ‘no deal’ Brexit on South West’s economy

January 22, 2019
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CBI warns of ‘devastating’ impact of ‘no deal’ Brexit on South West’s economy

Leaving the EU without a deal would be ‘devastating’ for the South West’s economy, hitting the region’s output by a staggering £13bn a year, the CBI warned today. As Prime Minister Theresa May continues to refuse to rule out a ‘no deal’ Brexit if her deal is not approved by Parliament, business groups have...

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‘No deal’ must be ruled out, urges Business West, as it warns of rising anger among firms over Brexit

January 16, 2019
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‘No deal’ must be ruled out, urges Business West, as it warns of rising anger among firms over Brexit

The “overriding priority” for both the government and Parliament must be to avoid a no deal Brexit following last night’s overwhelming defeat of the Prime Minister’s deal, the region’s largest business organisation said today. Business West, which runs the Swindon & Wiltshire Initiative, said firms in the region now found themselves “facing the unwelcome...

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Survey shows sales and orders under pressure as West businesses lose faith in Govt’s Brexit plan

January 14, 2019
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Survey shows sales and orders under pressure as West businesses lose faith in Govt’s Brexit plan

Nearly 40% of West of England business owners back a second Brexit referendum while just one in 10 is confident the government will secure a good deal for the UK, according to the region’s largest business survey. Worryingly, more than 40% of the senior managers and directors taking part did not know whether their...

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CBI leader urges govt to rule out no deal Brexit on visit to West of England

January 11, 2019
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CBI leader urges govt to rule out no deal Brexit on visit to West of England

The director-general of the CBI used a visit to the West of England today to warn that a no deal Brexit would hit the its manufacturing and services industries hard as well as scuppering vital export deals. Speaking to a gathering of senior business figures in Bristol, Carolyn Fairbairn, pictured, urged the government to...

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Fourth space contract for SCISYS as new focus on EU orders takes off

January 10, 2019
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Fourth space contract for SCISYS as new focus on EU orders takes off

SCISYS Deutschland, the German arm of the Chippenham-based specialist IT group SCISYS, has landed its fourth space-related contract in as many weeks. The latest deal, with an anticipated contract value of €2.8m (£2.5m), has come from long-term customer the European Space Agency (ESA).  SCISYS, which also supplies its bespoke software systems and support services...

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Honda’s Swindon plant to close for six days to cope with impact of Brexit

January 10, 2019
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Honda’s Swindon plant to close for six days to cope with impact of Brexit

Japanese car giant Honda is to halt production at its Swindon plant for six days in April to stockpile components and help it overcome border disruption after the UK leaves the EU. Honda, which employs 4,000 people at the plant making Civic cars and engines for the global market, said it had been assessing...

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No conundrum as TV presenter Nick Hewer agrees to host Fair Trade Business Awards

January 8, 2019
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No conundrum as TV presenter Nick Hewer agrees to host Fair Trade Business Awards

Swindon-born Countdown presenter Nick Hewer is to host this year’s South West Fair Trade Business Awards. Nick, pictured, who was also Sir Alan Sugar’s former right-hand man on The Apprentice, is a long-running supporter of ethical business and a patron of The Fairtrade Foundation. He will help present the awards – now in their...

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Bright outlook on earnings and product pipeline triggers sharp rise in Vectura’s shares

January 4, 2019
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Bright outlook on earnings and product pipeline triggers sharp rise in Vectura’s shares

Shares in Vectura, the specialist pharmaceutical firm, have soared by 13% after it said it expects its earnings for 2018 to be higher than previously expected. The Chippenham-headquartered firm also predicted good news from a number of its products this year as they reach key milestones.  Vectura, which is listed on the London Stock...

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Boost for Alliance Pharma as experienced non-exec directors join its board

January 2, 2019
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Boost for Alliance Pharma as experienced non-exec directors join its board

Specialty pharmaceutical firm Alliance Pharma has strengthened its board with the appointment of two experienced non-executive directors. The Chippenham-headquartered firm said Jo Le Couilliard and Richard Jones, who took up their roles this week, brought international business experience and capital markets expertise to the board with both having “substantial pharmaceutical and healthcare experience gained...

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