Money Matters

Pressure on interest rates eases as inflation falls below 2%

February 18, 2014
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Pressure on interest rates eases as inflation falls below 2%

Inflation in January fell to 1.9%, official figures released this morning show – the first time it has been below the important 2% level since 2009. The rate, as measured by the consumer prices index, was down from 2% in December. The surprise fall – most economist expected it to stay level – could...

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Management buyout could prove ticket to thrive for Wiltshire charity fundraising group

February 13, 2014
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Management buyout could prove ticket to thrive for Wiltshire charity fundraising group

Wiltshire-based specialist charity fundraising services provider The Woods Group, which works with major organisations such as RSPB, National Trust and Motability, has been bought by its management team. The Chippenham firm stages raffles, weekly lotteries, response handling and fulfilment allowing its charity clients to concentrate on core fundraising campaigns. The deal, financial details of...

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£4m fund launched to boost innovation among West businesses

February 12, 2014
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£4m fund launched to boost innovation among West businesses

Innovative businesses in Swindon and Wiltshire working on pioneering research and development projects can apply for financial help through a £4m innovation fund launched today by the University of the West of England (UWE). Grants of between £25,000 and £150,000 will be available to small and medium-sized enterprises (SMEs) as well as large companies...

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Morris Owen event will show company owners how to value their business

February 11, 2014
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Morris Owen event will show company owners how to value their business

Swindon accountancy firm Morris Owen is staging a workshop to show how businesses are valued and what makes them attractive to potential buyers. The event, titled ‘What is your business worth?’, will look at how business owners can ensure the best sales value and reduce the costs and time of the sales transaction. Attendees...

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Pay rises on the way for staff at most firms, survey reveals

February 4, 2014
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Pay rises on the way for staff at most firms, survey reveals

Nearly two thirds of West firms plan to increase wages this year as the region’s economy bounces back from recession, new research shows. This is despite half of the businesses taking part in the Barclays Employers Survey 2014 saying wage pressure from employees was not an issue. However, some 29% said it is a...

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Government business rate package dismissed as ‘a sticking plaster’ as pleas for full reform gather pace

January 29, 2014
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Government business rate package dismissed as ‘a sticking plaster’ as pleas for full reform gather pace

Calls for a full-scale shake-up of business rates have continued unabated despite the Government pledging a £415m package of relief for small firms. The West of England’s largest business group Business West, which runs the Initiative in Swindon & Wiltshire, said while it welcomed the announcement, it amounted to little more than “a sticking...

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Investors In People standard to be delivered by Grant Thornton

January 27, 2014
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Accountants Grant Thornton have been appointed to deliver the Investors In People (IIP) standard across the South of England following a competitive tender process. Grant Thornton, which covers the West region from its office in Bristol, will hold the licence from April 1 for a three-year period. This appointment is a key part of...

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West of England Business of the Year Awards are launched to find region’s best companies

January 24, 2014
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West of England Business of the Year Awards are launched to find region’s best companies

Accountants PwC have launched their annual search for the region’s best companies with the 2014 West of England Business of the Year Awards – the region’s most prestigious business accolades. Previous winners of the awards, now in their 26th year, read like a who’s who of the West’s most-respected companies, including Dyson, MITIE and,...

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Interest rate rise would choke off recovery, Business West says, despite fall in jobless

January 23, 2014
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Interest rate rise would choke off recovery, Business West says, despite fall in jobless

Business West, the organisation behind the Initiative in Swindon, has called on the Bank of England not to raise interest rates despite a further fall in unemployment across the UK. Welcoming the latest labour market figures – which show the national unemployment rate has fallen to 7.1%, its lowest level since April 2009 –...

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Withy King Directors’ Briefing

January 21, 2014
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Withy King Directors’ Briefing

Swindon law firm Withy King provides a round-up of a few of the latest legal developments which may affect directors, in business as well as their private lives.  Tax implications for home owners After MPs got caught ‘flipping’ their homes for a CGT (Capital Gains Tax) advantage, it must have grated. Chancellor George Osborne...

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