Money Matters

Interpath Advisory expands South West team six months after leaving parent group KPMG

November 28, 2021
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Interpath Advisory expands South West team six months after leaving parent group KPMG

Interpath Advisory, the independent financial advisory business, is growing its South West-based team with a number of promotions and appointments. Formerly the UK restructuring practice of global accountancy group KPMG, Interpath Advisory offers a broad range of specialisms to help organisations facing challenges and navigate opportunities.  Lee Swinerd has been appointed a director and...

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Trio of new joiners for accountancy firm Purple Lime as it marks five years in business

November 12, 2021
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Trio of new joiners for accountancy firm Purple Lime as it marks five years in business

Wiltshire paperless cloud accountancy firm Purple Lime is celebrating its fifth birthday by taking on three new team members.   The Corsham-based firm has made the appointments following a year of growth, including client wins.  Hannah Morris and Hayley Turp have joined in assistant management accountant roles while David Pritchard has arrived as a...

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New joiners for Grant Thornton’s regional corporate finance advisory team after record year

November 11, 2021
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New joiners for Grant Thornton’s regional corporate finance advisory team after record year

National accountancy firm Grant Thornton has expanded its South West and Wales corporate finance advisory team after what it described as an exceptional period of deal activity. Adam Hughes has joined the team from NatWest Structured Finance to lead its debt advisory function while two young dealmakers, James Smart and Thomas Bew, have also...

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Sharp rise in insolvencies prompts warning to directors to be alert to looming trading problems

November 3, 2021
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Sharp rise in insolvencies prompts warning to directors to be alert to looming trading problems

An insolvency expert has urged Swindon’s directors to seek advice at the first signs of business distress following the release of statistics showing corporate failures have risen by more than 40% over the past year. Philip Winterborne, South West chair of trade body R3, made the plea after third quarter figures from the Insolvency...

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AUTUMN BUDGET 2021: Business West says region losing out again despite Sunak’s ‘levelling up’ claim

October 27, 2021
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AUTUMN BUDGET 2021: Business West says region losing out again despite Sunak’s ‘levelling up’ claim

Business West, the region’s largest business group, said many firms would “remain muted in their enthusiasm” for a Budget that failed to address the scale of the post-Covid challenges they face. The organisation, which runs the Swindon & Wiltshire Initiative, also claimed the West of England had again missed out when it came to...

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AUTUMN BUDGET 2021: Swindon business reaction

October 27, 2021
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AUTUMN BUDGET 2021: Swindon business reaction

Michael Blaken, head of accounts at Swindon-based Optimum Professional Services, which provides legal and accounting services to businesses, individuals and families, said there seemed very little in the Budget that hadn’t already been announced or that was noteworthy.  The measures were generally aimed at helping people on low incomes, or businesses in specific sectors, Michael,...

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AUTUMN BUDGET 2021: National business reaction

October 27, 2021
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AUTUMN BUDGET 2021: National business reaction

Business groups have welcomed a number of measures in yesterday’s Budget but said Chancellor Rishi Sunak could have done more to encourage investment. The CBI, which speaks on behalf of 190,000 businesses of all sizes and sectors, described it overall as business friendly, with its director-general Tony Danker saying the Chancellor had shown a...

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AUTUMN BUDGET 2021: Key points . . .

October 27, 2021
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Chancellor Rishi Sunak has delivered his Autumn Budget and Spending Review. The main points are: Chancellor began speaking at 12:34pm Employment is up and wages are rising, he said. Budget prepares for a new economy post-Covid, he said. “An economy fit for a new age of optimism.” Higher inflation was a global problem, said the...

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Office move builds on Old Mill’s pledge to help its staff work more flexibly from better location

October 22, 2021
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Office move builds on Old Mill’s pledge to help its staff work more flexibly from better location

Regional accountancy firm Old Mill has relocated its Wiltshire office to Chippenham from Melksham as part of its wider expansion plans. The firm – which also has bases in Exeter, Yeovil and Wells – first opened in Melksham in 2010 following a merger with long-established Wiltshire rural accounting practice L E Bull.  The decision to...

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Rising costs and labour shortages combine to end post-pandemic rise in business confidence

October 14, 2021
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Rising costs and labour shortages combine to end post-pandemic rise in business confidence

West of England businesses are warning that the economic recovery from the pandemic is at risk due to growing inflationary pressures and worker shortages. A third of the 250-plus firms taking part in the latest quarterly survey by regional business group Business West said they had to increase their prices due to rising input costs. ...

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