Profit warnings from South West companies listed on the London Stock Exchange soared by 66% in the first half of this year as the cost of living crisis hit consumers. According to new research by international accountancy group EY, 15 warnings were issued by quoted firms in the region during the six months –...
Regional alternative finance lender South West Investment Group (SWIG) lent a record £14m to ambitious small and medium-sized businesses across the region in the past year, new figures show. The non-profit group, which supports viable businesses that cannot secure sufficient funding from their bank, provided 559 loans to 478 start-ups and growing firms in...
A design and construction firm that restores, renovates and builds bespoke, premium homes is expanding with two new senior hires. Dan Kitson and Gino Kent have both joined Beam Development, which operates in Bath and London, as project managers. Dan, pictured right, who moves from Hertfordshire-based Hawksmoor Construction, brings 13 years’ experience to the position, having...
The five-star Lucknam Park Hotel & Spa near Bath has made two additions to its senior leadership team. Nicola Payne, pictured, left, who boasts 12 years’ experience in the travel and hospitality industry, joins as head of sales and events, while Francesca Mannone, pictured, right, who has worked in Belgium, Germany, Italy and the UK, has...
The residential property team at regional law firm Goughs Solicitors has been boosted with the arrival of new partner Lesley Warren. Lesley, pictured, has joined as head of residential property after nearly 11 years at Bristol firm GL Law (formerly Gregg Latchams), where she was director and head of residential property. Her appointment at...
Logistics group Wincanton has appointed a non-executive director with a long track record in the sector as it looks to trade its way through what it described as a “challenging environment”. John Pattullo OBE takes up his role on 1 November and will also sit on the Chippenham-headquartered group’s audit and nomination committees. Since...
Growth capital investment group BGF’s South West team backed fast-growth businesses to the tune of £40m during the first half of this year as the region continued to provide fresh opportunities for funding. Capital investments were made across a diverse range of sectors including technology, healthcare, engineering and manufacturing. Among the deals were Bristol-based healthcare...
Shareholders in logistics group Wincanton have been assured by its directors that it can manoeuvre its way through the current “challenging environment” by continuing to reshape the business and investing in new technology. Revenue in the first quarter of its current financial year was down 10.4% year-on-year at the Chippenham-headquartered group, which has 20,300...
Relocating its head office to a modern, energy-efficient building meant renewable energy company Good Energy reduced its carbon emissions by a third in just one year. The Chippenham-headquartered firm said by moving to the new office in the town, which is powered by renewable electricity and green gas had been the biggest contributor in...
Small and medium-sized firms in Bath with growth potential can apply to a new £200m fund aimed at boosting innovation and prosperity across the South West. Launched by the British Business Bank yesterday, the South West Investment Fund (SWIF) will increase the supply and diversity of early-stage finance for new and growing smaller firms....
