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LDC hails successful 2021 and looks to invest in more mid-market South West firms this year

January 14, 2022
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LDC hails successful 2021 and looks to invest in more mid-market South West firms this year

The South West office of LDC, the UK’s leading mid-market private equity firm, is to increase its support to businesses this year after completing transactions with a combined value of more than £280m in 2021. LDC, the private equity arm of Lloyds Banking Group, said it is aiming to invest in at least 100...

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Supply chain disruption hitting firms, survey shows, but confidence for 2022 is high

January 8, 2022
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Supply chain disruption hitting firms, survey shows, but confidence for 2022 is high

More than three-quarters of manufacturing firms across the West of England have been affected by delays or other disruption when importing supplies or goods, according to the latest economic survey by the regions largest business group. Two-thirds of all importers have also been affected, triggering a fear among many firms that their prospects will...

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Business West managing director Phil Smith: 2022 will be a year of challenges but also opportunities

January 4, 2022
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Business West managing director Phil Smith: 2022 will be a year of challenges but also opportunities

With the ongoing impact of the pandemic, climate change and Brexit, 2022 will be another tough year for many Swindon businesses. Phil Smith, managing director of Business West – the organisation behind the Swindon & Wiltshire Initiative – looks at the needs and challenges for this year?  What do Swindon businesses need from the government as...

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Western Gateway powerhouse on the lookout for top innovators to join its board

November 17, 2021
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Western Gateway powerhouse on the lookout for top innovators to join its board

Leading lights in Swindon’s higher education, innovation and research communities are being invited to apply for posts representing the sectors on the board of the Western Gateway as it starts to ramp up its work. The gateway is the cross-border economic partnership on either side of the River Severn stretching from Swindon to Swansea.  The...

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International Trade Week to show Swindon firms how exporting can boost their business

November 11, 2021
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International Trade Week to show Swindon firms how exporting can boost their business

Swindon firms thinking of exporting or taking their international expansion to the next level can sign up to a week of special events hosted by experts. The Department for International Trade (DIT) will stage the first International Trade Week next week, with events – most of them virtual – including business and sector-led activities,...

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FSB calls on government to help small firms go green after survey shows most have no plan to act

November 7, 2021
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FSB calls on government to help small firms go green after survey shows most have no plan to act

Two-thirds of small firms in the South West have no active plan to reduce their impact on the environment, according to a new survey, with many arguing they should receive tax breaks, grants or low interest loans to help them go green. The report by the Federation of Small Businesses (FSB) – issued to...

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Sharp rise in insolvencies prompts warning to directors to be alert to looming trading problems

November 3, 2021
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Sharp rise in insolvencies prompts warning to directors to be alert to looming trading problems

An insolvency expert has urged Swindon’s directors to seek advice at the first signs of business distress following the release of statistics showing corporate failures have risen by more than 40% over the past year. Philip Winterborne, South West chair of trade body R3, made the plea after third quarter figures from the Insolvency...

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AUTUMN BUDGET 2021: Business West says region losing out again despite Sunak’s ‘levelling up’ claim

October 27, 2021
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AUTUMN BUDGET 2021: Business West says region losing out again despite Sunak’s ‘levelling up’ claim

Business West, the region’s largest business group, said many firms would “remain muted in their enthusiasm” for a Budget that failed to address the scale of the post-Covid challenges they face. The organisation, which runs the Swindon & Wiltshire Initiative, also claimed the West of England had again missed out when it came to...

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AUTUMN BUDGET 2021: Swindon business reaction

October 27, 2021
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AUTUMN BUDGET 2021: Swindon business reaction

Michael Blaken, head of accounts at Swindon-based Optimum Professional Services, which provides legal and accounting services to businesses, individuals and families, said there seemed very little in the Budget that hadn’t already been announced or that was noteworthy.  The measures were generally aimed at helping people on low incomes, or businesses in specific sectors, Michael,...

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AUTUMN BUDGET 2021: National business reaction

October 27, 2021
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AUTUMN BUDGET 2021: National business reaction

Business groups have welcomed a number of measures in yesterday’s Budget but said Chancellor Rishi Sunak could have done more to encourage investment. The CBI, which speaks on behalf of 190,000 businesses of all sizes and sectors, described it overall as business friendly, with its director-general Tony Danker saying the Chancellor had shown a...

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