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...
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...
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...
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...
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...
National private equity house Maven Capital Partners has further expanded its South West and Wales investment team with the appointment of Gareth Price as an investment director. Gareth, pictured, is responsible for sourcing VCT (Venture Capital Trust) opportunities and investments for Maven’s MBO (management buyout) fund, and its private equity co-investor partner network in...
HSBC UK has appointed Daniel Felton as head of corporate banking for the South West and Wales as part of a drive to support mid-market businesses. Daniel, pictured, will head a 110-strong team working with businesses turning over between £7.5m and £350m. Based in Bristol, he will have four area directors report into him...
A mullti-million pound deal will drive innovation and create jobs at a West of England car and motorbike wheel manufacturer. London-based Puma Investments is injecting £3.6m of private equity into Chippenham-based Dymag, a pioneering British designer and manufacturer of carbon hybrid automotive and motorcycle wheels. The deal will enable to Dymag to expand its...
Online calculators to help businesses and individuals estimate their legal costs for conveyancing, debt recovery and probate have been launched by regional law firm Royds Withy King, which has an office in Swindon. The three calculators are in response to new rules from the Solicitors Regulation Authority (SRA) on pricing and transparency which...
Company bosses from Swindon and across the West of England are “intensely frustrated” with the latest delay affecting Brexit, according to the region’s largest business organisation. Business West – which runs the Swindon and Wiltshire Initiative – said time was now running out for a managed departure from the EU as a result of...
