Business News

New initiative launched to promote Swindon as vibrant business location

April 4, 2012
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Forward Swindon, the company responsible for economic growth and regeneration in Swindon, has today launched its new business investment service and website to promote the town to a UK and international business audience, encouraging companies to locate and invest in Swindon. The website – www.swindon.uk.com – represents the first stage of a three-year campaign...

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Bluefin Corporate sold by AXA to Capita in £50m deal

April 4, 2012
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Bluefin Corporate Consulting, the employee benefits business with an office in Swindon, has been sold by parent group AXA to Capita in a £50m deal. The firm will become part of Capita’s pensions business Capita Hartshead. AXA will retain the Bluefin trading name. Bluefin’s other operations, including Bluefin Insurance Group, which is core to...

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Firms should shape changes to boost Govt R&D support, says PwC

April 4, 2012
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Experts at accountants PwC are urging West firms that invest in research and development (R&D) to take part in a Government consultation and help shape the future of support for industry. The Government is changing the way businesses can access its £700m pot of R&D credits through a new scheme, due to become legislation...

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Wincanton’s long and winding road sends its share price skidding

April 3, 2012
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Wincanton’s long and winding road sends its share price skidding

Wincanton, the Chippenham-based logistics group which recorded a £75.5m first half loss, said in a trading update today that it continued to trade in line with its expectations for the year ended March 31 – but the market was not impressed and marked its shares down nearly 10% yesterday morning. The group says it has...

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Forensics manager joins accountants Monahans

April 3, 2012
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Chartered accountants Monahans, which has offices in Swindon and Chippenham, has recruited Caroline Bee as manager in its fast-growing forensic services team. Caroline is returning to the practice having originally qualified with Monahans after leaving university and working in corporate finance. She returns after working within senior management at Wiltshire Council, latterly as head...

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Cambria Auto chairman steps down with immediate effect

April 3, 2012
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Warren Scott, chairman of Swindon-based car dealership group Cambria Automobiles, has resigned with immediate effect due to "other significant commitments". He is replaced by Phillip Swatman, the former vice-chairman of investment banking at NM Rothschild from 2001 until he retired in 2008. He is also currently holds directorships at New England Seafood International, Investec...

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Business West applauds introduction of Govt’s Youth Contract scheme

April 2, 2012
By
Phil-Smith

The Youth Contract, the Government scheme announced today to lift 16 to 24 year olds out of unemployment and into work, has been welcomed by Business West. The scheme aims to create at least 410,000 new jobs over the next three years by offering firms £2,275 ‘wage incentives’ to take on up to 160,000...

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Renewable energy-boosting deal for SCS

April 2, 2012
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Swindon Commercial Services (SCS), the Swindon Borough Council subsidiary, has boosted its renewable energy offering following the acquisition of Cirencester-based plumbing and heating business DW Dunn. SCS, which employs more than 850 people and turns over £65m-plus a year, has developed a sustainable energy division alongside its more traditional building-related business. SCS business development...

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Quiz night kicks off year of fundraising by accountants for Prospect Hospice

March 29, 2012
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Swindon-based Banks Chartered Accountants is kicking off its charity fundraising for 2012 with a quiz night. The event, on April 19, will be the first in a series of fundraising events during the year in aid of the town’s Prospect Hospice. Last year Banks, based in Old Town, raised more than £2,500 for Wiltshire...

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Foresight helps Beard Construction build on record results

March 29, 2012
By
Marc Bayley

The construction industry might still be in the doldrums but Swindon-based Beard Construction has had its best year ever with turnover up 28% to £59m and profits doubled to £1.7m for the year ending December 2011. The company believes that adjusting early to what it calls a ‘new market reality’ with a focus on...

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