Money Matters

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

July 12, 2021
By
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...

Read more »

Business development manager returns to Advantedge Commercial Finance to drive growth in region

July 7, 2021
By
Business development manager returns to Advantedge Commercial Finance to drive growth in region

Invoice financier Advantedge Commercial Finance has appointed Ruth Bethel as its business development manager for the South West. Ruth, pictured, has re-joined the business having previously spent three years with it as regional sales manager before leaving four years ago.  In her new role she will be responsible for leading the continued development of the...

Read more »

Ten new appointments at PwC ‘testament to how it is growing’ in the West region

July 5, 2021
By
Ten new appointments at PwC ‘testament to how it is growing’ in the West region

Nine new directors and a new partner have been appointed by global accountancy group PwC’s West & Wales region as it heads into its new financial year. New audit partner Stuart Couch, pictured, joined PwC in the region as a director in 2014, having been with the firm in London since 2001.  Born and educated...

Read more »

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

June 29, 2021
By
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: ...

Read more »

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

June 28, 2021
By
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...

Read more »

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

June 14, 2021
By
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...

Read more »

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

June 8, 2021
By
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...

Read more »

New partner appointment and director promotions strengthen Deloitte in the region

June 8, 2021
By
New partner appointment and director promotions strengthen Deloitte in the region

Global accountancy group Deloitte’s South West operation has made eight key promotions, including a new partner, in a move it says underlines its commitment to promote talent from within. Hamish McFadyen, pictured, is its new consulting partner in Deloitte Digital, where he specialises in the strategy, design, implementation and operation of digital customer experiences.  Hamish, who is...

Read more »

Purple Lime’s advice on proptech firm’s £12m sale to Canadian software group bears fruit

May 23, 2021
By
Purple Lime’s advice on proptech firm’s £12m sale to Canadian software group bears fruit

Corsham-based accountancy firm Purple Lime has worked with the shareholders of market-disrupting specialist software firm Terrafirma on its acquisition by an international sector leader. Terrafirma, whose proprietary workflow software and data insights have been critical at transforming how decisions are made in property transactions in  the UK, was acquired by Dye & Durham Corporation,...

Read more »

Promotions for pair of SWIG Finance managers as its growth continues

May 23, 2021
By
Promotions for pair of SWIG Finance managers as its growth continues

Regional alternative finance lender SWIG Finance has bolstered its senior management team with two promotions. Nicola Mapp and Clare Lenihan-Thomas will fill the new roles, which have been created to support the business as it continues to grow. Both have extensive experience in SME lending in mainstream bank and community development financial institution (CDFI)...

Read more »

ADVERTISE HERE

Reach tens of thousands of senior business people across Swindon & Wiltshire for just £70 a month. Email info@swindon-business.net for more information.