Technology

Ambassadors appointed by the IoD to promote its work in the region

February 14, 2021
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Ambassadors appointed by the IoD to promote its work in the region

The Institute of Directors in the South West has appointed Wiltshire-based experienced tech sector independent director James Savage as an ambassadors James, pictured, who has spent 30-plus years in the sector, will be the IoD’s regional ambassador for high-tech industry and tech ventures, having been an independent director on the boards of 10 tech companies since 2004,....

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Virtual trade missions to open up new markets for South West ‘tech-for-good’ firms

February 4, 2021
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Virtual trade missions to open up new markets for South West ‘tech-for-good’ firms

Nearly 50 technology firms from across the South West are to explore potential business deals in the US, India and Singapore as part of a virtual trade mission promoting the region as a ‘tech-for-good’ hotspot. The companies have been selected to take part in Tech 4 Good South West, an initiative launched last September...

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Gloomy South West firms see no short-term relief from Covid-19 but vaccine roll-out lifts spirits of some

January 29, 2021
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Gloomy South West firms see no short-term relief from Covid-19 but vaccine roll-out lifts spirits of some

Business confidence among South West firms has slumped to the lowest in England as the latest lockdown pushes sales down further and puts more pressure on staffing levels. Just 11% for businesses in the region expect trading levels to have returned to pre-pandemic levels by this time next year while one-in-five expect to have...

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Record year for BGF’s regional office, despite Covid-19, with investments reaching £67m

January 23, 2021
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Record year for BGF’s regional office, despite Covid-19, with investments reaching £67m

Investment group BGF’s South West team overcame challenges sparked by the coronavirus pandemic to invest a record amount last year. Some £67m was injected into businesses in 2020 – up on the £37m achieved in 2019 and overtaking the previous record of £50m in 2018.  The new investments take BGF’s total funding in the...

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UK post-Brexit trading rules with the EU are complicated, so get advice now, firms are urged

January 19, 2021
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UK post-Brexit trading rules with the EU are complicated, so get advice now, firms are urged

Swindon firms struggling with post-Brexit trade complications are being urged to get expert advice and support by Business West, the region’s largest business organisation. With the UK now outside of the European Union as of December 31, businesses must adhere to new rules and regulations when trading with the EU.  As reports emerge of how...

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Export Academy set up to give Swindon firms help selling to overseas markets

January 8, 2021
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Export Academy set up to give Swindon firms help selling to overseas markets

Swindon’s small businesses can access help and advice to grow internationally through a new, free, post-Brexit programme. The Export Academy involves overseas trade experts from the Department for International Trade (DIT) hosting a series of online workshops and events offering advice and support directly to business owners.  The programme has been designed for businesses...

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Former World Bank lead economist to become next chair of alternative regional lender SWIG Finance

January 6, 2021
By
SWIG

Malachy McReynolds, the chair of regional alternative finance lender SWIG Finance, is to step down in March after five years in the role. He will be replaced by Christine Allison, a former lead economist for the World Bank, who has been a non-executive director of SWIG Finance for the past three-and-a-half years. During that...

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New ‘body blow’ for Swindon businesses as UK enters third national lockdown

January 5, 2021
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New ‘body blow’ for Swindon businesses as UK enters third national lockdown

The latest lockdown will be another “body blow” to Swindon firms, coming after the uncertainty caused by Brexit and lost trade in the run-up to Christmas, the region’s biggest business group warned today. Business West, which runs the Swindon & Wiltshire Initiative, said firms that had survived so far with Covid-related support from the...

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Survey shows region’s high-growth firms adapting to new normal to resume expansion

December 21, 2020
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Survey shows region’s high-growth firms adapting to new normal to resume expansion

More than two-thirds of high-growth firms in the South West plan to continue to expand next year after adapting for a post-Covid world, new research shows. According to the first survey to chart these businesses during the coronavirus pandemic it has created significant barriers to growth for 58% of South West firms, with operational...

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Government financial support for locked down firms covered just quarter of their costs, survey shows

December 13, 2020
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Government financial support for locked down firms covered just quarter of their costs, survey shows

West of England Firms have slammed government financial support for businesses forced to close during the most recent lockdown as grossly inadequate. Some 54% of businesses that were shuttered during November – including restaurants, cafes and non-essential retailers – said the financial assistance covered less than a quarter of their overheads, a new survey...

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