Money Matters

Future looks sweeter for West food and drink firms as survey shows big jump in levels of optimism

April 24, 2014
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Future looks sweeter for West food and drink firms as survey shows big jump in levels of optimism

The West of England’s food and drink businesses are increasingly upbeat about their prospects despite concerns over the price of raw materials and energy and the impact of this winter’s floods. Most also believe that being based in this region is a major plus, according to a new survey. The research by leading business...

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Second major Wootton Bassett property deal reflects strengthening market

April 23, 2014
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Second major Wootton Bassett property deal reflects strengthening market

Integrated circuit design firm Swindon Silicon Systems has sold its head office to a London-based investment fund for £4.65m – the latest in a series of commercial property deals around the town and another indication of rapid recovery in the market. The deal transfers ownership of the 34,690 sq ft, two-storey Interface House office...

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Back to the future – again – for Swindon accountants’ brand new name

April 16, 2014
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Back to the future – again – for Swindon accountants’ brand new name

Accountants Baker Tilly’s Swindon office, which was rebranded from RSM Tenon six months ago following the two firms’ merger, will revert back to the RSM name later this year when Baker Tilly joins the RSM International network. The move is the latest in a long line of name changes for the Westmead office, which...

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Inflation fall is good news but Govt must still act over funding for firms, says Business West

April 15, 2014
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Inflation fall is good news but Govt must still act over funding for firms, says Business West

Business West, the lobbying and advice group that runs the Swindon & Wiltshire Initiative, welcomed yesterday’s fall in inflation but warned that the Government still needed to do more to support business as it emerges from recession. Managing director Phil Smith said the drop in annual CPI (consumer price index) inflation from 1.7% in...

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Top 50 listing for Nationwide recognises its commitment to developing female talent

April 9, 2014
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Top 50 listing for Nationwide recognises its commitment to developing female talent

Swindon-based Nationwide Building Society has been named in The Times Top 50 Employers for Women list 2014 in recognition of its track record in developing female talent. The list, published annually by The Times, celebrates those employers doing the most for gender equality and diversity. Organisations making the Top 50 list are selected independently...

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New accounts senior strengthens accountants Banks’ team

April 8, 2014
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New accounts senior strengthens accountants Banks’ team

Swindon chartered accountancy firm Banks has appointed Edwin Samu as an accounts senior. Edwin, 35, pictured, joins the 21-strong team helping to look after accounts production for small and medium-sized businesses and private clients, including management accounts, corporation tax, VAT and personal tax. Born in West Africa, Edwin moved to the UK in his...

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Overseas trade expertise on tap for West firms during Export Week

April 4, 2014
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Overseas trade expertise on tap for West firms during Export Week

Exporting in the digital age and advice for female entrepreneurs considering growing their business overseas are among the topics to be covered in the West as part of Export Week. Starting on Monday, the week aims to encourage firms to consider trading internationally or, for existing exporters, to look at new markets. UK Trade...

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Recovery triggers pick up in activity for West’s buyout market

March 31, 2014
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Recovery triggers pick up in activity for West’s buyout market

Buyout activity in the South West is growing at a “steady rate” with five deals worth £25m completed so far this year and a healthy pipeline waiting for completion, according to new research. The figures, published by the Centre for Management Buyout Research (CMBOR), show growth in completions across the UK as the market...

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BUDGET 2014: National business reaction

March 19, 2014
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BUDGET 2014: National business reaction

National business groups welcomed today’s Budget, particularly the measures aimed at boosting manufacturing and lower energy costs. The CBI, which had called it a “make-or-break” Budget, said it “will put wind in the sails of business investment, especially for manufacturers”. Director-general John Cridland, pictured, said it had come at a critical time in the...

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BUDGET 2014: Business wish-list

March 19, 2014
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BUDGET 2014: Business wish-list

Business West has called on Chancellor George Osborne to use today’s Budget to focus on youth employment, training and enterprise – all crucial to securing future growth and avoiding a ‘lost generation’ as the UK economy continues to recover, it says. In its 2014 Budget submission, the business support organisation, which runs the Swindon...

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