Money Matters

Successful outcome to SciSys’ bank talks lifts threat of covenant breach

September 4, 2015
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Successful outcome to SciSys’ bank talks lifts threat of covenant breach

Shares in SciSys, one of Wiltshire's largest specialist IT firms, have risen after it said it had resolved a potentially damaging funding crisis. In June the Chippenham-headquartered firm, which works with blue-chip clients including Government departments, the BBC and the European Space Agency, warned it was at risk of breaching its banking covenants in...

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Third apprentice recruited by Swindon-based financial services firm Svensoni

September 4, 2015
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Third apprentice recruited by Swindon-based financial services firm Svensoni

Swindon-based paraplanning firm Svensoni, which works with more than 250 clients in the financial services industry, has further demonstrated its commitment to future talent in the industry by hiring its third apprentice. The company, which was launched in 2010, carries out admin tasks for its clients across the UK ranging from single financial advisers...

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Financial planning firm paves way for further growth with key appointment

September 2, 2015
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Financial planning firm paves way for further growth with key appointment

Experienced financial planner Russ Haworth has joined Malmesbury-based Proposito as the company lays the foundations for future expansion. Russ, pictured, will work alongside director and financial planner Huw Jones at the firm, which provides bespoke financial planning advice for a range of businesses and individuals. It recently relocated from Malmesbury town centre to larger...

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Change at the top for PwC in the West as regional chairman Matt Hammond heads to the Midlands

September 1, 2015
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Change at the top for PwC in the West as regional chairman Matt Hammond heads to the Midlands

Accountancy giant PwC has made two key appointments to its West & Wales regional leadership team following Matt Hammond’s move to the Midlands as regional chairman. Katharine Finn has replaced Mr Hammond as regional chair for West and Wales while Lynn Pamment has taken over as senior partner to lead PwC in Cardiff. The...

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Arthur J. Gallagher team put best foot forward to raise funds for Prospect Hospice

August 28, 2015
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Arthur J. Gallagher team put best foot forward to raise funds for Prospect Hospice

Swindon-based insurance broker Arthur J. Gallagher has raised more than £8,000 for the town’s Prospect Hospice. Eight staff members took part in the BUPA London 10k run earlier this year – with the final amount doubled thanks to the company’s Employee Matched Giving scheme. Branch director Mark Holmes said: “Training began at the start...

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Commercial vehicle group takes over Swindon truck dealer in £1.5m deal

August 14, 2015
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Commercial vehicle group takes over Swindon truck dealer in £1.5m deal

Swindon Renault Truck dealer Complete is on the road to expansion after being acquired by Southampton group Sparks Commercials for £1.5m Complete, based at South Marston and employing 17 people, has been trading for 28 years and was put up for sale due to the retirement of the owner.   Sparks, which has three...

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More funding secured by Good Energy to power growth of its solar farms

August 14, 2015
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More funding secured by Good Energy to power growth of its solar farms

Renewable electricity firm Good Energy has arranged an extra £8.5m in funding to continue its expansion. The Chippenham-based firm, which is based on the London Stock Exchange’s AIM market, will use the additional funding to develop more solar farms as well as growing its customer base. It has already drawn down £4m of the...

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Mango Bikes’ expansion moves up a gear as Thrings helps entrepreneurs get on board

August 13, 2015
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Mango Bikes’ expansion moves up a gear as Thrings helps entrepreneurs get on board

Fast-growing bicycle manufacturer and retailer Mango Bikes has attracted investment from two serial entrepreneurs to further strengthen the business. David Hanney and Toby Baxendale – previously chief executive and chairman of UK performance bike firm Planet X – have joined the board of South Cerney-based Mango as non-executive directors to help steer the business...

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£1m investment to spark more growth at Swindon kitchen firm Manor Interiors

July 31, 2015
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£1m investment to spark more growth at Swindon kitchen firm Manor Interiors

Bespoke kitchen specialist Manor Interiors is to boost production at its Swindon manufacturing plant by 50% after investing £1m in new hi-tech machinery. The increased capacity will create up to six jobs and enable Manor to expand its contracts business with some of the UK’s largest housebuilders as well as growing its network of...

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Upbeat West firms looking to recruit more staff as growth prospects increase

July 31, 2015
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Upbeat West firms looking to recruit more staff as growth prospects increase

More than two thirds of small and medium-sized in the South West expect to take on more staff over the next 12 months – more than any other UK region – according to a new survey. Some 59% of firms in the region also believe that permanent, skilled staff will benefit the growth of...

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