Swindon-based industrial fastening firm Young Black has been acquired by international specialist engineering group Indutrade in a move that will help to secure its future. Young Black, which employs around 30 people at its base on Radway Road, Stratton St Margaret, will become part of Swedish group Indutrade’s special products division. Swindon-headquartered regional law...
Good Energy, the Chippenham-based renewable energy firm, has become embroiled in a power struggle with arch-rival Ecotricity that has sparked a surge of interest in the green sector. Ecotricity, 100% owned by hippie-turned-entrepreneur Dale Vince, pictured below, has amassed a 25.3% stake in Good Energy over the past year – and now wants Mr...
A joke about cycling to the office resulted in two colleagues from Swindon-based regulatory and compliance consultancy RFS getting on their bikes for a near six-hour trek in support of the town’s Prospect Hospice. Little did RFS client partner Nathan Cornish, who lives in Cardiff, realise that his humorous comment would lead to him and the...
By Donna Kehoe, Bank of England agent for the South West of England Twice a year the Bank of England publishes a major review of what we call the ‘financial stability’ of the nation. Our aim is to ensure that the financial system is as robust as it can be to withstand whatever shocks...
Business advisory firm Deloitte has made six senior appointments to its South West leadership team, including three new partners and three directors. Business advisory firm Deloitte has made six senior appointments to its South West leadership team, including three new partners and three directors. The newly promoted partners are David Clements in...
Accountancy group Grant Thornton has boosted its South West and Wales corporate finance advisory team with the appointment of Trefor Griffith as a partner. Trefor, pictured, already leads the consumer industry group for the firm nationally, having been based in Grant Thornton’s London office since 2009. He has a particular focus on the food...
Firms across the South West have taken advantage of the slump in sterling to go on an exporting spree, with the value of goods from the region sold overseas soaring by 30%. New figures from HMRC, which collates information on exports, shows exports from South West-based companies hit £6.3bn in the first three months of this year, up from...
Business West, the region’s largest business group, has warned that leaving the EU without a deal would cause “considerable damage” to many businesses. The organisation behind the Swindon and Wiltshire Initiative said avoiding this outcome “must be a priority” for all General Election candidates standing in constituencies across the West of England. In its manifesto for...
Confidence among businesses in the South West is back in positive territory after a sustained period of decline, according to a new survey. The latest quarterly ICAEW Business Confidence Monitor shows investment plans in the region are stronger than the UK average in areas such as employment, staff development and capital investment. The survey findings...
Business leaders from across Swindon and Wiltshire are being invited to put their questions to a panel of experts at an Economic Question Time event led by highly-acclaimed economist and public speaker Mark Berrisford-Smith. Hosted by regional law firm Royds Withy King, which has offices in Swindon and Marlborough, HSBC Bank and Swindon accountants...
