Money Matters

Major report reveals Swindon’s economic failings despite its population growth

January 19, 2015
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Major report reveals Swindon’s economic failings despite its population growth

Swindon’s economic performance has failed to keep pace with its population growth, a major new report out today shows – leaving the town struggling to compete with the UK’s largest towns and cities. While the town’s population increased by 14.8% between 2004 and 2013, it was one of the worst performers for jobs growth...

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Former head of BDO in South West appointed to lead restructuring firm Quantuma’s move into the region

January 18, 2015
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Former head of BDO in South West appointed to lead restructuring firm Quantuma’s move into the region

Specialist restructuring firm Quantuma has expanded into the South West with an office headed by former BDO regional head Graham Randall. The firm, which already operates from bases in Southampton, Marlow, London and Brighton, has opened a Bristol office to provide specialised restructuring advice on all forms of insolvency procedures. Until recently Mr Randall,...

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Corporate fraud cases soar – with staff most likely to be behind the crime, new report reveals

January 14, 2015
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Corporate fraud cases soar – with staff most likely to be behind the crime, new report reveals

Businesses are increasingly falling victim to fraud – most of it committed by their own employees, new figures show. The number of cases in the South West soared by 136% last year to 33, from 14 in 2013, according to accountants KPMG’s latest Fraud Barometer. Thirteen firms in the region were hit by the...

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Financial planning firm Proposito achieves prestigious quality mark

January 9, 2015
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Financial planning firm Proposito achieves prestigious quality mark

Proposito, the Malmesbury-based financial planning firm, has attained a prestigious British Standard quality mark just weeks after gaining chartered financial planner status from the Chartered Insurance Institute. Proposito underwent a rigorous process to achieve its BS8577, the only British Standard for financial advice and planning firms. It is just the 15th UK firm to...

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Innovative software firm signals more growth after securing new investment

January 9, 2015
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Innovative software firm signals more growth after securing new investment

Aria Networks, the leading-edge Chippenham-based tech firm, is planning to strengthen its lead in the fast-growing Software Defined Networking (SDN) market after securing further investment. The firm, whose customers include major US and European telecoms companies, cloud and datacentre operators, and social network providers, is already ahead of its SDN rivals. Its products, developed...

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Swindon’s economy bounced back in 2014 – don’t ruin it next year, Initiative boss warns politicians

December 29, 2014
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Swindon’s economy bounced back in 2014 – don’t ruin it next year, Initiative boss warns politicians

Ian Larrard, director of the Swindon & Wiltshire Initiative at Business West, looks back at the past 12 months and considers why next year’s General Election is set to be one of the most important in recent memory. “The noise and glare of fireworks this New Year must not mask the fact that we...

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Small firms benefit from £150,000 business advice funding

December 19, 2014
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More than 100 small businesses across Wiltshire have received grants for expert advice to help their enterprises grow under a new scheme. Some 112 Specialist Business Advice grants of between £500 and £1,500 were paid to a wide range of small businesses. The most popular requests were for specialist web development support, brand enhancement...

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South West law firms’ confidence soars despite tougher competition and economic uncertainty

December 18, 2014
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Confidence among law firms in the South West is at its highest since 2006, according to new research, with a third planning to open new offices next year. However, most also say that competition has got tougher with cashflow management a particular challenge. The snapshot of a sector undergoing fundamental change emerges from the...

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Logistics firm on road to further growth after parent group’s £25m buyout

December 12, 2014
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Logistics firm on road to further growth after parent group’s £25m buyout

The parent company of Royal Wootton Bassett-based specialist logistics and installations firm Bishopsgate is looking for further growth after completing a £25m buyout. Bishopsgate is one of three subsidiaries of London-based logistics and removals group Ward Thomas Group, which was founded in 1985 and has annual revenues in excess of £20m. Ward secured a...

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Increase in lending leads to six new jobs at Bibby Financial Services

December 12, 2014
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Increase in lending leads to six new jobs at Bibby Financial Services

Bibby Financial Services, the UK’s largest independent invoice finance provider, has boosted its South West sales and operations teams with the appointment of six new staff. The new recruits include four business development managers, a head of operations and a relationship manager. They will be based in its Bristol office and cover a region...

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