Money Matters

Swindon finance firm Intrinsic shakes up industry by offloading UK’s largest network of advisors

March 11, 2014
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Swindon finance firm Intrinsic shakes up industry by offloading UK’s largest network of advisors

Swindon financial management firm Intrinsic has sold its entire network of 3,000 advisers – the UK’s largest – to Old Mutual Wealth in a move that has sent ripples through the insurance industry. The deal, for an undisclosed sum, comes less than eight years after Intrinsic was launched in Swindon by a group of...

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Swindon’s SMEs to get food for thought at HSBC breakfast forums

February 28, 2014
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Swindon’s SMEs to get food for thought at HSBC breakfast forums

HSBC is to stage a series of breakfast forums in Swindon aimed at the area’s small to medium-sized businesses. The first event, on March 26, will include short presentations by Nigel Scott of Action Coach, the business coaching and mentoring consultancy, and HSBC business specialist team leader Ryan Starr, as well as breakfast and...

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Expert transatlantic export advice on tap at UKTI event

February 24, 2014
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Expert transatlantic export advice on tap at UKTI event

Swindon and Wiltshire businesses will next week get a rare chance to meet trade experts from the British Embassies in the US and Canada and explore transatlantic export opportunities on a one-to-one basis. The event, at the Mercure Holland House Hotel in Bristol on Wednesday, March 5, is the latest ‘meet the expert’ event...

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Promotion strengthens Monahans’ insolvency and recovery team

February 23, 2014
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Promotion strengthens Monahans’ insolvency and recovery team

Monahans, the accountancy firm with offices in Swindon and Chippenham, has promoted Shelly Smith to senior manager in its business recovery and insolvency team. Shelly, pictured, who has more than 18 years’ experience, started her career with Solomon Hare in Bristol before moving on to manage the insolvency team at Robson Taylor in Bath....

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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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