Advanced manufacturing

Charity calls on food firms to hand over any surplus to help feed hungry kids this summer

July 26, 2021
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Charity calls on food firms to hand over any surplus to help feed hungry kids this summer

Swindon’s food businesses are being urged not to bin their surplus produce but to redirect it to FareShare Southwest, the region’s largest food redistribution charity, as it gears up to prevent children going hungry during the school holidays. The food will help the charity, whose mission is to fight hunger while tackling food waste,...

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Relaxing workplace Covid rules has created new stress for employers, Royds Withy King lawyer warns

July 26, 2021
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Relaxing workplace Covid rules has created new stress for employers, Royds Withy King lawyer warns

Employers have been warned to take urgent action to a avoid stress and potential conflict in the workplace following the easing of government Covid restrictions yesterday. Kate Benefer, a partner in the employment law team at law firm Royds Withy King, which has an office in Swindon, said the removal businesses had to take decisions...

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Employment lawyer says ‘fire and rehire’ can backfire on firms using it to change staff conditions

July 19, 2021
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Employment lawyer says ‘fire and rehire’ can backfire on firms using it to change staff conditions

Controversial ‘fire and rehire’ practices being used by some firms should only be deployed as a last resort, a top employment lawyer has warned. Tim Gofton, pictured, a senior associate in the retail and hospitality team at regional law firm Royds Withy King, which has an office in Swindon, said getting it wrong could also have public relations...

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Possible bidding war for Vectura as US tobacco giant’s £1bn counter offer gets thumbs up

July 12, 2021
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Possible bidding war for Vectura as US tobacco giant’s £1bn counter offer gets thumbs up

Philip Morris International, the US tobacco group behind the Marlboro cigarette brand, is to buy Chippenham-based specialist pharmaceutical firm Vectura for just over £1bn after outbidding global private equity giant Carlyle. Vectura, which has its roots in a spin-out from the University of Bath, had agreed to Carlyle’s £958m approach but withdrew support after receiving...

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Free guide offers expert advice for directors on what to do when things go wrong

June 29, 2021
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Free guide offers expert advice for directors on what to do when things go wrong

R3, the restructuring and insolvency trade body, has launched a free guide for company directors on how to spot signs of financial distress, options open to them to resolve it and where to get expert advice. Called Get Back to Business: A guide to dealing with corporate financial distress, it is available to download from www.backtobusinessuk.com The guide: ...

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Skill shortages threatening to jeopardise ‘remarkable turnaround’, Business West survey shows

June 28, 2021
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Skill shortages threatening to jeopardise ‘remarkable turnaround’, Business West survey shows

West of England business’s confidence in the economy has bounced back for the first time in four years, according to a new survey, but there are growing fears that the recovery will be choked off by a lack of skilled workers. The latest quarterly economic survey conducted by Business West, the region’s largest business...

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Business West warns importers of looming deadline for declaration on goods from EU countries

June 20, 2021
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Business West warns importers of looming deadline for declaration on goods from EU countries

Swindon firms that have imported goods from countries in the EU this year are being urged to complete their full declarations or face a possible fine or prosecution as the final deadline approaches. Regional business group Business West, which is authorised by HMRC to process supplementary customs declarations, said companies needed to submit their...

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South West shrugs off impact of Covid-19 to attract more overseas investment

June 14, 2021
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South West shrugs off impact of Covid-19 to attract more overseas investment

Investment by foreign businesses into the South West rose last year despite the pandemic in contrast to a fall for the UK as a whole. According to a new report by accountancy group EY, the South West achieved a 6.7% increase in Foreign Direct Investment (FDI) projects in 2020 – up by two to...

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Plea to PM ahead of G7 Summit to pave way for more sustainable business amid global climate crisis

June 8, 2021
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Plea to PM ahead of G7 Summit to pave way for more sustainable business amid global climate crisis

The region’s largest business group has urged the Prime Minister to help create a more sustainable future for business at this weekend’s G7 summit in Cornwall. The British Chambers of Commerce South West (BCCSW) – which includes Swindon & Wiltshire Initiative parent group Business West – has written to Boris Johnson ahead of the global gathering...

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Private equity giant’s £958m offer for pharma firm Vectura gets thumbs-up from its board

May 29, 2021
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Private equity giant’s £958m offer for pharma firm Vectura gets thumbs-up from its board

Specialist pharmaceutical firm Vectura, which has its roots in a spin-out from the University of Bath, has agreed to be taken over by global private equity giant Carlyle for £958m. The approach by Carlyle has been approved by Vectura’s board. Chairman Bruno Angelici said while the firm’s directors remained confident in its long-term fundamentals,...

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