Money Matters

New regional corporate banking head for HSBC as it says mid-market is ‘thriving’

December 20, 2018
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New regional corporate banking head for HSBC as it says mid-market is ‘thriving’

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...

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£3.6m investment puts pioneering carbon hybrid car wheel maker on road to rapid growth

December 18, 2018
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£3.6m investment puts pioneering carbon hybrid car wheel maker on road to rapid growth

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...

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Royds Withy King welcomes new pricing and transparency rules as ‘opportunity rather than a threat’

December 11, 2018
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Royds Withy King welcomes new pricing and transparency rules as ‘opportunity rather than a threat’

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...

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‘Utter dismay’ among Swindon bosses at latest Brexit delay, says Business West

December 11, 2018
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‘Utter dismay’ among Swindon bosses at latest Brexit delay, says Business West

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...

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Raft of new appointments and promotions at EY’s regional office as expansion gathers pace

December 6, 2018
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Raft of new appointments and promotions at EY’s regional office as expansion gathers pace

International accountancy group EY has continued to expand its South West & Wales office with 10 senior appointments and 119 promotions as it looks to increase staffing levels to 500 by 2020. The regional office in Bristol has grown rapidly in recent years and now employs around 350 people. A month ago EY announced...

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Record year for BGF in South West following move to new office

December 5, 2018
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Record year for BGF in South West following move to new office

Investment group BGF is celebrating its best ever year for deals across the South West and South Wales handled by its regional office. The group, the UK’s most active investor in growing businesses, has invested more than £50m across seven new businesses and two existing portfolio companies over the past 12 months. Its regional...

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Business West warns of looming prospect of ‘tremendously damaging’ no deal Brexit

November 15, 2018
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Business West warns of looming prospect of ‘tremendously damaging’ no deal Brexit

The West of England’s largest business organisation today urged “calm compromise” from politicians over Prime Minister Theresa May’s Brexit plan to avoid what it said would be the “tremendously damaging” impact of the UK crashing out of the EU with no deal. Business West – which runs the Swindon & Wiltshire Initiative – said...

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Trio of director appointments among 54 promotions in KPMG’s South West office

November 12, 2018
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Trio of director appointments among 54 promotions in KPMG’s South West office

A total of 54 employees have been promoted in the regional office of international accountancy group KPMG, including three senior managers who have become directors. Shaun Gealy, Nick Cullimore-Davies and Neil Clarke work in audit, tax and consulting respectively. Shaun, pictured top, has spent 13 years with KPMG and specialises in the insurance sector,...

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MHA Monahans’ use of digital tech earns it second accountancy award in a month

November 7, 2018
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MHA Monahans’ use of digital tech earns it second accountancy award in a month

Regional accountancy group MHA Monahans, which has offices in and around Swindon, has landed its second major award in a month as its growth over recent years continues to gain industry recognition.   Success in the Large Firm of the Year category of the inaugural IRIS Customer Awards followed hot on the heels of...

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Budget 2018: Swindon business reaction

October 29, 2018
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Budget 2018: Swindon business reaction

While some of Chancellor Philip Hammond’s Budget measures were welcomed by Swindon business leaders, others did not get the thumbs up. Swindon & Wiltshire Initiative director Ian Larrard, pictured, had mixed views. He said businesses would welcome the Chancellor’s decision to lift the cap on local authority borrowing to help boost housing numbers in...

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