Money Matters

Survey shows sales and orders under pressure as West businesses lose faith in Govt’s Brexit plan

January 14, 2019
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Survey shows sales and orders under pressure as West businesses lose faith in Govt’s Brexit plan

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...

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CBI leader urges govt to rule out no deal Brexit on visit to West of England

January 11, 2019
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CBI leader urges govt to rule out no deal Brexit on visit to West of England

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...

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No conundrum as TV presenter Nick Hewer agrees to host Fair Trade Business Awards

January 8, 2019
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No conundrum as TV presenter Nick Hewer agrees to host Fair Trade Business Awards

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...

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Senior appointment for private equity firm Maven’s South West office

December 31, 2018
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Senior appointment for private equity firm Maven’s South West office

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...

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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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