Money Matters

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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Further expansion on the cards this year at MHA Monahans after strong 2021

January 13, 2022
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Further expansion on the cards this year at MHA Monahans after strong 2021

Independent regional accountancy firm MHA Monahans is looking ahead to further expansion in 2022 after taking on new clients and growing its headcount in 2021.   The firm, which has eight offices, including in Swindon and Chippenham, aims a go its team of 16 partners and 190 staff by a further 10% this year...

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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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Insolvency litigation specialist takes up role as R3′s new South West chair

December 13, 2021
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Insolvency litigation specialist takes up role as R3′s new South West chair

Insolvency and restructuring trade body R3 has appointed insolvency litigation specialist Charlotte May as its new regional chair. Charlotte, pictured, is an associate director for South West and Wales with Manolete, the UK’s leading insolvency litigation finance company.  She takes over as chair from Philip Winterbourne, pictured below, a partner at Bristol and London law firm Temple Bright solicitors,...

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Interpath Advisory expands South West team six months after leaving parent group KPMG

November 28, 2021
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Interpath Advisory expands South West team six months after leaving parent group KPMG

Interpath Advisory, the independent financial advisory business, is growing its South West-based team with a number of promotions and appointments. Formerly the UK restructuring practice of global accountancy group KPMG, Interpath Advisory offers a broad range of specialisms to help organisations facing challenges and navigate opportunities.  Lee Swinerd has been appointed a director and...

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Trio of new joiners for accountancy firm Purple Lime as it marks five years in business

November 12, 2021
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Trio of new joiners for accountancy firm Purple Lime as it marks five years in business

Wiltshire paperless cloud accountancy firm Purple Lime is celebrating its fifth birthday by taking on three new team members.   The Corsham-based firm has made the appointments following a year of growth, including client wins.  Hannah Morris and Hayley Turp have joined in assistant management accountant roles while David Pritchard has arrived as a...

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New joiners for Grant Thornton’s regional corporate finance advisory team after record year

November 11, 2021
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New joiners for Grant Thornton’s regional corporate finance advisory team after record year

National accountancy firm Grant Thornton has expanded its South West and Wales corporate finance advisory team after what it described as an exceptional period of deal activity. Adam Hughes has joined the team from NatWest Structured Finance to lead its debt advisory function while two young dealmakers, James Smart and Thomas Bew, have also...

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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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