Money Matters

Former Grant Thornton South West corporate finance head joins FRP Advisory as partner

September 6, 2017
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Former Grant Thornton South West corporate finance head joins FRP Advisory as partner

National business advisory firm FRP Advisory has appointed Mark Naughton as a partner to lead its corporate finance offering across the South West and Wales. Mark, who is based in FRP Advisory’s Bristol office, brings more than 20 years’ corporate finance experience and connections across the region. He was previously led Grant Thornton’s corporate...

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Row between green energy giants simmers down as plug is pulled on showdown shareholders’ meeting

September 1, 2017
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Row between green energy giants simmers down as plug is pulled on showdown shareholders’ meeting

The power struggle between Chippenham green energy group Good Energy and arch-rival Ecotricity has been put on the back burner after next week’s showdown shareholders’ meeting was adjourned indefinitely. Chippenham-based Good Energy, in which Ecotricity has built up a 25.3% stake, said it hoped the acrimonious row would now be replaced by “positive dialogue”...

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Economic clouds gathering, but we’re better prepared to weather them, Bank of England tells West bosses

August 25, 2017
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Economic clouds gathering, but we’re better prepared to weather them, Bank of England tells West bosses

The outlook for the global economy is “highly uncertain”, a top Bank of England official has warned West business leaders, but he insisted that Britain’s financial services industry is in far better shape to cope with any sudden shocks than it was ahead of the last recession. China’s huge debt problem, Brexit and complacency...

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High-profile speaker line-up announced for Festival of Female Entrepreneurs

August 25, 2017
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High-profile speaker line-up announced for Festival of Female Entrepreneurs

Branding, exporting and the challenges of being a woman boss in the male-dominated world of professional football are among the issues that will be showcased at this year’s Festival of Female Entrepreneurs in Bristol. The event, staged by small business support group Enterprise Nation on October 20, has become the largest of its kind...

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Sparks fly between green energy rivals as meeting date is set to resolve power battle

August 14, 2017
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Sparks fly between green energy rivals as meeting date is set to resolve power battle

Chippenham-based renewable energy firm Good Energy today formally called on its shareholders to reject a move by arch-rival Ecotricity to put two directors on its board as it announced the date of special meeting to resolve their increasingly bitter power struggle. Good Energy’s board used a note to shareholders alerting them of the meeting...

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Regional director appointment bolsters Lloyds’ commitment to mid-tier businesses

August 10, 2017
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Regional director appointment bolsters Lloyds’ commitment to mid-tier businesses

Lloyds Bank Commercial Banking has strengthened its support for medium-sized businesses in the West of England with the appointment of a new regional director. Andrew Kemp, pictured, joins the bank’s mid-markets team having previously led its acquisition finance loan management team in London. He brings with him more than 25 years of experience in...

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Swindon Business Blog: Donna Kehoe, regional agent, Bank of England. Modest growth ahead as uncertainty weighs on businesses

August 10, 2017
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Swindon Business Blog: Donna Kehoe, regional agent, Bank of England. Modest growth ahead as uncertainty weighs on businesses

By Donna Kehoe, Bank of England agent for the South West of England I always enjoy the conversations I have each day with those running businesses, charities and other organisations here in the South West. These discussions provide an up-to-the-minute insight into what’s really happening in the economy across the UK. And at the...

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Swindon firms urged to join roll call of UK’s fastest-growing tech firms

August 3, 2017
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Swindon firms urged to join roll call of UK’s fastest-growing tech firms

Swindon’s best tech businesses are being invited to enter a national awards scheme that celebrates innovation and growth among the sector’s fastest-growing firms. The 2017 Deloitte UK Technology Fast 50 Awards showcase the country’s dynamic technology ecosystem and the most exciting hi-tech companies.   Now in their 20th year, the awards rank the UK’s...

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Partners promoted and director appointed in EY’s growing South West financial services practice

August 2, 2017
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Partners promoted and director appointed in EY’s growing South West financial services practice

Accountancy group EY has made two key promotions and a senior appointment in its regional financial services (FS) practice as it continues to expand across the South West and Wales. Gareth Mee has been appointed as partner while Shannon Ramnarine becomes an associate partner and Andy Roughan a director.  Gareth leads EY’s FS advisory...

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Business West blames ‘political uncertainty’ over Brexit as survey reveals shock slump in confidence

July 27, 2017
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Business West blames ‘political uncertainty’ over Brexit as survey reveals shock slump in confidence

Confidence among West of England firms has plummeted to its lowest level since the depths of the recession in 2009, according to the latest survey of its members by Business West, the region’s largest business organisation. The number of businesses describing themselves as confident about their future slumped by 22% compared to the same...

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