Money Matters

Former Grant Thornton graduate entrant promoted to partner to lead its regional private wealth team

October 8, 2021
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Former Grant Thornton graduate entrant promoted to partner to lead its regional private wealth team

Accountancy and advisory firm Grant Thornton has promoted private tax director Richard Marsh to partner. He will now lead the firm’s South region private wealth team. Richard, pictured, is the first head of the team, which brings together specialists from Bristol, Cardiff, Oxford, Reading and Southampton.  He is also responsible for supporting ultra-high net worth...

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Government lack of planning over worker crisis threatening future of firms, warn business leaders

October 3, 2021
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Government lack of planning over worker crisis threatening future of firms, warn business leaders

The South West’s key sectors could suffer irreparable damage unless the government starts to tackle the shortage of workers by easing EU visa restrictions, the region’s business leaders today warned. But even providing temporary visas for jobs such as drivers and food workers would only be a short-term measure and ministers must also come...

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Green light for £62m sale of emergency services IT firm to NEC

October 1, 2021
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Green light for £62m sale of emergency services IT firm to NEC

Outsourcing group Capita is to sell its Secure Solutions and Services business to international IT group NEC in a deal expected to be worth around £62m. Chippenham-headquartered Secure Solutions and Services (SSS) supplies IT to the police, criminal justice, emergency services and critical responder sectors across the world.  These range from control room and...

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Ex-RBS head of invoice finance joins Bibby Financial Services as it targets growth in the South West

September 22, 2021
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Ex-RBS head of invoice finance joins Bibby Financial Services as it targets growth in the South West

Specialist funder Bibby Financial Services has appointed Steve Bentley as head of sales for the South West to consolidate its support for the region’s small and medium-sized businesses. Steve, pictured, has more than 35 years’ experience in the financial services industry, with more than half spent specialising in invoice finance.  Based in Bristol, he joins...

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Pharma industry events ‘to ban Vectura’ following £1.1bn takeover by tobacco giant

September 20, 2021
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Pharma industry events ‘to ban Vectura’ following £1.1bn takeover by tobacco giant

Staff from Wiltshire specialist inhaler firm Vectura have been barred from attending a pharmaceutical industry conference days after its controversial £1.1bn acquisition by tobacco group Philip Morris International (PMI). In an apparent rebuff by academics over the deal, Chippenham-based Vectura was stripped of its sponsorship of a major lung health conference due to take...

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New PwC risk leader will help region’s firms emerge stronger from the pandemic

September 20, 2021
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New PwC risk leader will help region’s firms emerge stronger from the pandemic

Global accountancy group PwC has appointed partner Richard Cleary to the role of risk leader for its West & Wales region. Richard, pictured, has more than 20 years’ major transformation programme experience across numerous sectors, including retail, utilities and defence, and is PwC’s commercial markets leader nationally for technology and data.  His focus in recent...

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Ecotricity offer for rival Good Energy lacking power as owners of just 1.8% shares give their backing

September 5, 2021
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Ecotricity offer for rival Good Energy lacking power as owners of just 1.8% shares give their backing

Green power supplier Good Energy looks to have repelled the latest takeover approach from arch-rival Ecotricity after it emerged that holders of just 1.8% of its shares have accepted the offer. Ecotricity already had 4,169,948 shares in Chippenham-headquartered Good Energy -  equivalent to a 25.1% stake – before pouncing for a fourth time in...

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Mixed picture on short-term outlook for region’s businesses as confidence levels waver

August 31, 2021
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Mixed picture on short-term outlook for region’s businesses as confidence levels waver

Optimism among South West firms in the economy is increasing as the region continues to recover from the pandemic, according to a new survey, but businesses have become less confident about their own prospects. The latest Business Barometer from Lloyds Bank Commercial Banking shows confidence levels among firms in the South West dropped month-on-month by four...

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IoD Director of the Year Awards return to champion the region’s outstanding boardroom talent

August 25, 2021
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IoD Director of the Year Awards return to champion the region’s outstanding boardroom talent

Directors in the Swindon area are being invited to enter the top regional awards scheme recognising excellence and enterprise in the boardroom. The annual Institute of Directors’ Director of the Year Awards seek to champion outstanding leaders and entrepreneurs in both the public and private sectors.  Award nominations are open to anyone working at director level in...

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Swindon firms were forced to innovate to survive as Covid swept country, according to new survey

August 20, 2021
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Swindon firms were forced to innovate to survive as Covid swept country, according to new survey

The Covid-19 pandemic prompted a wave of innovation among businesses in Swindon and across the South West, with nearly half saying they pivoted their operations to survive. According to a new Lloyds Bank survey, 46% of firms in the region they were forced to become more creative and innovative in finding new areas of growth. ...

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