Graham Jones at Mendip Business Finance says :-
Uncertainty following the Brexit vote has undoubtedly influenced the general commercial market in the UK and in turn the appetite to take on any additional financial commitment has been dampened. That said, interest rates are still exceptionally low and are only predicted to rise by small degrees into the foreseeable future. Our commercial lending …
It may be surprising, but nevertheless true, that the vast majority of small business owners have little to no idea what their businesses are worth. This, of course, must be a significant weakness from both strategic and exit planning perspectives. However, how can they, as well as those who are currently considering the idea of selling, obtain realistic and reliable valuation advice?
There are …
The first 12 Institutes of Technology across the country include two in the westcountry – the University of Exeter and Weston College of Further and Higher Education. They will specialise in higher level training in STEM subjects such as digital, advanced manufacturing and engineering backed by £170m of government funding. This is designed to ensure that young people have the skills to build rewa…
MIPIM Cannes – an international property event which took place this year during 13th to 16th March and where over £40bn worth of Investment & Development opportunities in the West of England were showcased – proved to be a great success for the region according to Tim Bowles, West of England mayor. It is understood that well over 20,000 people from around the world attended the four-day exhi…
A long awaited and vital link road scheme to improve Plymouth’s road network has received a £22m Government funding boost. Work is now due to be commenced in April 2019 and the entire project is predicted to take three years to complete. The scheme is expected to particularly benefit areas to the east and north of the city and should significantly cut journey times and thereby provide a fillip to…
A major and significant upgrade to the North Devon Link (A361) road has been approved, with the £93m scheme set to begin shortly. The upgrade programme is expected to take approximately two years to complete and should pave the way to road safety improvements whilst also significantly enhancing the local economy. For the full story please read the article below which appeared in the Western Morni…
Five locations in England are set to receive a total of £20m of new creative industries funding which is expected to create more than 1,300 new jobs, benefit 2,000 people through skills training and support over 700 businesses. This includes Plymouth which has been awarded £3.5m to develop the use of immersive and digital technologies to drive growth in the local creative economy and help bring t…
Since late 2017 there has been a general reduction in the number of businesses coming onto the market. It is generally understood that business owners, who in principle would like to sell, are demonstrating a reluctance to commit to taking the necessary decision to do so at this time. They have been citing all sorts of reasons for this, including the current state of the economy (national and glo…
The British Business Bank (BBG) has committed up to £150m for lending to UK small businesses – via the Funding Circle lending platform – and this is expected to support the growth of more than 2,000 SMEs. For the full story please read the bulletin below which was issued today by Insider Media.
Roger Mundy, Managing Director, Beardsley Theobalds, 28th November 2018
British Business Bank unveils n…
Manufacturing output volume growth increased during the quarter to November 2018 whilst total order books strengthened and were found to be more robust than the long-run average – according to the CBI’s latest Industrial Trends Survey. For the fuller picture please read the bulletin below which was issued by Insider Media Ltd. today.
Roger Mundy, Managing Director, Beardsley Theobalds, 21st Novemb…
A new ‘Developing Skills for Business’ programme has been established to identify training and skills gaps and to work with employers to design and develop pilot training and apprenticeships. This should provide a welcome boost for manufacturing skills throughout the area and for an industry which contributes 10% of Cornwall’s GVA and employs over 16,000 people. For more information on this subje…
The Chancellor of the Exchequer, Philip Hammond, announced in his Budget Statement yesterday several measures which will undoubtedly prove helpful to SMEs, among others, and have been particularly welcomed by businesses across the South West. These include changes to Business Rates and the Apprenticeship Levy, investment in transport infrastructure and an extension of entrepreneur’s tax relief as…
NatWest has added £2bn to its original £1bn growth fund to help small businesses which are likely to be negatively impacted by Brexit. NatWest has identified circa 2,000 customers which it believes may need financial assistance to overcome their Brexit travailles and enable them to grow after we leave the EU. For the full story please read the article below which appeared in The Daily Telegraph t…
Up to £8m in EU funding is available to SMEs in Dorset for projects in research and innovation and support towards a low carbon economy in the county. For more information on this subject please read the news bulletin below which was issued by Insider Media Ltd today.
Roger Mundy, Managing Director, Beardsley Theobalds, 19th October 2018
£8m EU funding available to Dorset
Up to £8m in EU funding …
Research by Business Barometer from Lloyds Bank Commercial Banking, revealed that business confidence among South West companies increased by 13 points to 26% whilst economic optimism rose 7 points to 23%. For the fuller picture please read the bulletin below which was issued by Insider Media Ltd. today.
Roger Mundy, Managing Director, Beardsley Theobalds, 28th September 2018
Confidence on the u…
Thousands of jobs are being created by the ‘Hinkley Point’ project with over £10bn worth of contracts having already been issued - 64% of that total contracts value has been awarded to UK suppliers and the South West region has been given a substantial share and consequent jobs boost. For the full story please read the article below which appeared today in the Western Morning News.
Roger Mundy, Ma…
As part of a wider £12bn commitment to help British businesses realise their growth ambitions, HSBC UK has launched a £1bn lending fund to support small and medium-sized businesses across the South West. For more on this subject please read the bulletin below issued today by Insider News Media.
Roger Mundy, Managing Director, Beardsley Theobalds, 20th September 2018
HSBC launch…
According to the Managing Director of Cornwall Council’s commercial arm, Corserv, the investment in Cornwall’s space industry will benefit the whole of the South West. For more on this subject please read the bulletin below which was issued today Insider News Media.
Roger Mundy, Managing Director, Beardsley Theobalds, 20th September 2018
Cornish space industry to benefit the whole of the Sout…
A report by ManpowerGroup puts the South West among the most confident in the country as far as workforce growth is concerned. A very significant number of organisations right across the region are looking to recruit with employers in the utilities sector currently the most optimistic. For the full picture please read the article below which appeared in the Western Morning News today.
Roger Mundy,…
The CBI’s latest Industrial Trends Survey has found that output growth slowed slightly in the three months to August but remained well above the long term average and is expected to continue at a similar level over the next three months. Meanwhile, total order books also remain well above the long term average. For the full picture please read the bulletin below which was issued by Insider News M…
International Trade Secretary, Liam Fox, has set a target for an increase in exports from 30% last year (as a proportion of the UK’s GDP) to 35% this year. With last year’s exports weighing in at £620bn worth of goods and services – a record high – and with the Department for International Trade’s estimate that 400,000 UK businesses believe that they could export but do not, coupled with overseas…
South West firms from engineering specialists to office chair suppliers are included in businesses that have already been awarded £1.3bn worth of contracts for the biggest building project of its kind in Europe – and this is understood to be only the tip of the iceberg! Around 4,000 South West businesses have to date registered on the Hinkley Point C supply chain portal and many more are expected…
According to new research, reflected in a report by Fraser Nash of Nuclear South West, the South West is well placed for a slice of the £50bn worth of economic opportunities for the UK with SMEs, large companies and training providers all standing to gain. For more details please read the bulletin below which was issued today Insider Media Ltd.
Roger Mundy, Managing Director, Beardsley Theobalds…
According to the managing director of strategy, economics and business development at the British Business Bank – which launched the £40m Cornwall and Isles of Scilly Investment Fund in June – the UK’s investment pipeline is giving rise to ‘a positive cycle of confidence and instilling confidence in equity investors’. For the full story please read the bulletin below which was issued by Insider M…