Money Matters

New regional head of financial services for PwC as it looks to help sector recover from pandemic

August 12, 2021
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New regional head of financial services for PwC as it looks to help sector recover from pandemic

Global accountancy group PwC has promoted Paul Atkinson to head of financial services for the West & Wales as it continues to build its presence in an industry worth more than £10bn to the regional economy. Paul, pictured, replaces PwC global insurance operations leader Will Conner in the role.  He has a long track record...

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RSM looks to grow its own talent by doubling its summer trainee intake

August 12, 2021
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RSM looks to grow its own talent by doubling its summer trainee intake

National accountancy firm RSM is to almost double its annual summer trainee intake this year as it looks to fulfil a key ambition to grow from within its own ranks. The firm, which supplies audit, tax and consulting services to mid-tier businesses, is recruiting 27 trainees this month for its offices in Swindon and Bristol...

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Fraud soared as criminals used pandemic to target vulnerable firms and individuals, research shows

August 9, 2021
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Fraud soared as criminals used pandemic to target vulnerable firms and individuals, research shows

Professional criminals took advantage of the unprecedented conditions caused by the pandemic to con businesses and individuals across the South West out of millions of pounds, new figures show. According to accountancy group KPMG latest Fraud Barometer, cases reaching the region’s courts in the first half of this year soared by more than three...

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Partner and associate partner promotions strengthen EY’s South West office

August 2, 2021
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Partner and associate partner promotions strengthen EY’s South West office

Global accountancy group EY has made a series of senior appointments in its regional office, including a partner and three associate partners, as it continues to invest in the South West and Wales. Robin Enstone has been promoted to equity partner while there are also promotions to associate partner for Elsa Littlewood, Ed Bujok-Stone and David Potter. ...

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We’re ready to support ambitious firms to grow, LDC South West team says as opportunities return

August 2, 2021
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We’re ready to support ambitious firms to grow, LDC South West team says as opportunities return

The South West team of LDC, the leading mid-market private equity firm, is predicting significant growth and investment opportunities for small and mid-sized businesses over the coming year as the regional economy recovers from the pandemic. The team completed three deals in the first half of this year with a combined enterprise value of...

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Possible bidding war for Vectura as US tobacco giant’s £1bn counter offer gets thumbs up

July 12, 2021
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Possible bidding war for Vectura as US tobacco giant’s £1bn counter offer gets thumbs up

Philip Morris International, the US tobacco group behind the Marlboro cigarette brand, is to buy Chippenham-based specialist pharmaceutical firm Vectura for just over £1bn after outbidding global private equity giant Carlyle. Vectura, which has its roots in a spin-out from the University of Bath, had agreed to Carlyle’s £958m approach but withdrew support after receiving...

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Business development manager returns to Advantedge Commercial Finance to drive growth in region

July 7, 2021
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Business development manager returns to Advantedge Commercial Finance to drive growth in region

Invoice financier Advantedge Commercial Finance has appointed Ruth Bethel as its business development manager for the South West. Ruth, pictured, has re-joined the business having previously spent three years with it as regional sales manager before leaving four years ago.  In her new role she will be responsible for leading the continued development of the...

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Ten new appointments at PwC ‘testament to how it is growing’ in the West region

July 5, 2021
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Ten new appointments at PwC ‘testament to how it is growing’ in the West region

Nine new directors and a new partner have been appointed by global accountancy group PwC’s West & Wales region as it heads into its new financial year. New audit partner Stuart Couch, pictured, joined PwC in the region as a director in 2014, having been with the firm in London since 2001.  Born and educated...

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Free guide offers expert advice for directors on what to do when things go wrong

June 29, 2021
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Free guide offers expert advice for directors on what to do when things go wrong

R3, the restructuring and insolvency trade body, has launched a free guide for company directors on how to spot signs of financial distress, options open to them to resolve it and where to get expert advice. Called Get Back to Business: A guide to dealing with corporate financial distress, it is available to download from www.backtobusinessuk.com The guide: ...

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Skill shortages threatening to jeopardise ‘remarkable turnaround’, Business West survey shows

June 28, 2021
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Skill shortages threatening to jeopardise ‘remarkable turnaround’, Business West survey shows

West of England business’s confidence in the economy has bounced back for the first time in four years, according to a new survey, but there are growing fears that the recovery will be choked off by a lack of skilled workers. The latest quarterly economic survey conducted by Business West, the region’s largest business...

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