Money Matters

Printer Multisets presses ahead with growth after receiving bank funding and making acquisition

March 17, 2015
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Printer Multisets presses ahead with growth after receiving bank funding and making acquisition

Swindon-based specialist printer Multisets has used a six-figure bank funding package to hit the acquisition trail as it continues to expand into security printing. The firm, formed more than 50 years ago, acquired cheque production business Bank Security Printing to grow its position in the niche security area. The £500,000 Clydesdale Bank loan will...

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Budget must create conditions for long-term, sustainable growth, says Barclays

March 15, 2015
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Budget must create conditions for long-term, sustainable growth, says Barclays

More help for entrepreneurs, tech start-ups and exporters, better high-speed broadband and a simplification of business support are among the items on Barclays’ wish list ahead of tomorrow’s Budget. Chancellor George Osborne will present the last Budget of this Parliament with many commentators expecting him to announce a few pre-election sweeteners – although he...

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Hub will offer entrepreneurs a chance to hatch their start-ups into fully-fledged firms

March 15, 2015
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Hub will offer entrepreneurs a chance to hatch their start-ups into fully-fledged firms

Entrepreneurs from the Swindon area are being invited to apply for a place on a free accelerator programme offering support, mentoring, networking and office accommodation. Entrepreneurial Spark, which is backed by NatWest, will open the hub for start-up businesses from all sectors in Bristol this summer. Applications are now open. Up to 80 fledgling...

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Growth at the double for communications group RFL following BGF investment

March 13, 2015
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Growth at the double for communications group RFL following BGF investment

RFL, the Chippenham-based communications infrastructure and outsourced IT service provider, has made two strategic acquisitions after receiving a £3.5m investment from BGF (Business Growth Fund). The firm’s takeover of Chippenham-based IT Solutions 4 Business Limited (ITS) and Plymouth based Zantra Technology means RFL will double in size. From April 7 the new combined company...

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Watersheds seals Italian deal for British cold cabinet manufacturer

March 12, 2015
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Watersheds seals Italian deal for British cold cabinet manufacturer

The Swindon office of corporate finance specialist Watersheds has completed the sale of UK refrigerated display equipment manufacturer Manor Concepts to a multinational corporation. The £15m turnover Bedfordshire business, whose products are used in supermarkets and food and drink retailers, has been acquired by the Italian-based global retail equipment company Arneg, which turns over...

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Monahans’ Swindon manufacturing breakfast to hear how BMW’s apprenticeships help drive success

March 10, 2015
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Monahans’ Swindon manufacturing breakfast to hear how BMW’s apprenticeships help drive success

The importance of apprenticeships and vocational training in advanced engineering will be the theme of accountants Monahans’ next manufacturing breakfast in Swindon. The event, the latest to be staged in support of Swindon’s manufacturing sector by Monahans, takes place at UTC Swindon, Bristol Street, on April 16, starting at 7.30am. BMW head of apprentice...

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Nationwide strengthens its support for the Business Disability Forum

March 10, 2015
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Nationwide strengthens its support for the Business Disability Forum

Swindon-based Nationwide is to sponsor the Business Disability Forum’s (BDF) bestselling guide Welcoming Disabled Customers for the next two years. The guide provides easy-to-follow, practical advice to frontline customer service staff on how to offer quality service to disabled customers, and insights into the experiences and preferences of disabled customers.  Nationwide, the world’s largest...

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Solicitors warned of looming tax disclosure deadline

February 18, 2015
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Solicitors warned of looming tax disclosure deadline

Solicitors with tax affairs which are not up to date, including those with undisclosed taxable income, have less than three weeks to notify HMRC of their intention to take part in its disclosure facility. The warning comes from the South West office of accountancy and investment management group Smith & Williamson, which also points...

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Finance industry tech awards shortlisting for Nationwide’s smartwatch banking app

February 6, 2015
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Finance industry tech awards shortlisting for Nationwide’s smartwatch banking app

Swindon-based Nationwide’s voice-recognition smartwatch banking app is in the running for two top industry awards. The cutting-edge app, built in less than a month by Bath-based IT services firm IPL, enabled Nationwide to become the UK’s first financial service provider to offer its customers real-time balances on Android watches. Working in conjunction with Nationwide’s...

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New partner joins EY’s expanding South West tax practice

January 20, 2015
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New partner joins EY’s expanding South West tax practice

Big Four accountancy firm EY has appointed Karen Kirkwood as a partner to lead its South West tax practice as it continues to expand the team. Karen, pictured, has 20 years’ experience providing tax advice to a broad range of companies and private equity backed businesses. She joins  from PwC in London and will...

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