Business

Bahamas Company Formation: A Modern Offshore Solution for Entrepreneurs

As global markets expand and business models evolve, entrepreneurs are increasingly turning to offshore jurisdictions that offer strategic advantages without compromising on legal credibility. Among the top destinations, the Bahamas stands out as a modern, business-friendly environment tailored for international ventures.

If you’re considering expanding your operations or protecting your assets, exploring Astra Trust could be the next smart step.

Why the Bahamas?

The Bahamas offers the rare combination of regulatory ease, tax benefits, and international respect. It has...

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Devon green-tech helps leading construction materials business Breedon GB Materials cut aggressive driving by 80%, fleet carbon emissions by 10.9% and vehicle idling by almost a quarter

Lightfoot’s carbon saving, real-time van driver coaching technology set to reduce Breedon’s CO2 emissions by 1,651 tonnes over 5 years

The GB materials division of Breedon, which specialises in aggregates and downstream products including asphalt, ready-mixed concrete, and specialist building products, has succeeded in dramatically reducing instances of aggressive and inefficient driving in its fleet thanks to the installation of Exeter-based Lightfoot’s innovative green fleet tech. This has led to a 12.2% fall in fuel costs, a 10.9% drop in CO2 emissions, and a 24% reduction in pollution...

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Exeter firm announced as the winner of Automotive Global Awards, Service Excellence Award 2022

Authored by Liv Butler
Posted: Tue, 11/15/2022 - 6:12am

DeGould , the digital vehicle inspection expert, has announced that it has been chosen as a winner of the Automotive Global Awards , Service Excellence Award 2022.

The Service Excellence award, recognises a company whose outstanding customer service and ‘can do’ attitude sets it apart, providing easy-to-use practical solutions.

Dan Gould, Founder of DeGould and Jason Blood, Senior Account Manager at DeGould, attended the awards ceremony on 9th November at the Oatlands Park Hotel, to receive the award.

Gould, commented: “We’re proud to have received the Service...

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What Local Exeter Businesses Can Do to Profit from Winter Traditions

Authored by Liv Butler
Posted: Mon, 11/14/2022 - 7:40am

Winter can be a difficult time of year for some businesses but it is highly profitable for others. A survey from Notonthehighstreet revealed that 20% of small firms in the UK fear going out of business if their Christmas sales are lower than expected. Bad weather keeps people at home, while money is also tight at the end of the year.

What can be done to entice more consumers to support their local companies over this period? While many people choose to stay at home on cold evenings, some classic winter traditions can be used to entice others to go out and have some fun.

Top...
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How a Devon business woman transformed her spare bedroom into a micro brewery and now makes £120K + year

Authored by News Desk
Posted: Sun, 11/13/2022 - 10:34pm

A Devon business woman’s discovery of kombucha, which led to the creation of her own business creating the healthy drink, now makes her £120k a year, with the business growing as more and more people discover the benefits of the effervescent and refreshing drink.

Eaoifa founded Boo Chi Kombucha in 2018 after the drink dramatically changed her own health and well-being, causing her to re-think her whole career.

The former actress had been living in London for about 15 years, working as an actress while juggling multiple jobs to make ends meet.

But she had...

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Revealed: The top cities to start a business in 2023

Authored by News Desk
Posted: Sun, 11/13/2022 - 10:17pm

Exeter has been named among the top UK cities for starting a new business in 2023, according to a new study from Virgin Money .

Ranking cities based on criteria such as internet quality, high street recovery rate since Covid, employment rate and innovation, the research found that Exeter is the tenth best UK city for new business, with the city scoring highly in all metrics in the study.

Recent years have been challenging for small businesses, with an estimated 20% increase in insolvencies in 2022, and nearly 400,000 businesses closing between 2020 and 20211.

...

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RGB appoints new MD

RGB Building Supplies has appointed Jenny Naylor as Managing Director. She is replacing Andy Gamble, who is retiring at the end of 2022, and will oversee RGB’s continued growth across the South West.

Jenny joined RGB as HR Manager in 2005 from the pharmaceutical industry. She was tasked with creating and developing an internal human resources department for RGB and later took on transportation and health and safety responsibilities. Jenny was appointed to the board as HR Director in 2016 where she became more involved in the operational aspects of the company.

Following...

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Economic report reveals £140m investment in Devon by Amazon

Authored by Zoe Kerr
Posted: Wed, 11/09/2022 - 9:32am

Amazon has launched its latest analysis of the company’s regional investment across the UK. The 2022 Amazon UK Economic Impact Hub shows that the company has invested more than £140 million in Devon since 2010.

The Amazon UK Economic Impact Hub provides regional data on jobs created by Amazon locally, the number of regional independent small businesses supported by the company, the level of economic activity driven by Amazon’s investments and the export sales recorded last year by small businesses in Devon selling on Amazon.

If you click on the South West section of this...

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Lindsay Lucas, STEMM

Strong female lead: Promoting participation in STEMM will dispel the myths around tech careers

Authored by News Desk
Posted: Tue, 11/08/2022 - 10:33pm

By Lindsay Lucas, CEO of Exeter-based data and software specialist, Software Solved

The UK technology industry is growing at a rapid rate and globally recognised for its pioneering innovations in science, technology, engineering, mathematics and medicine (STEMM). According to Tech Nation’s 2021 Scale Ratio Report , Exeter was a key tech hub to watch in 2021, along with Belfast and Dundee. The scale indicates the areas in the UK which have the highest potential for growth.

The region has become a hub for tech excellence, turning over £2.4 billion annually, housing big...

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Flotek set for South West expansion through acquisition

Authored by News Desk
Posted: Tue, 11/08/2022 - 9:46pm

Flotek Group, an MSP with an ambitious goal of transforming IT & Communications available to SMEs, has announced its second acquisition as part of the business’ bold growth strategy, just two months after its previous acquisition.

The acquisition of MazingTree, a trusted technology and IT support service provider, sees Flotek further expand into the South West to cover Plymouth, Devon and Cornwall, in addition to the wider Wales area.

A longstanding business and partner of Microsoft Cloud, Dell and Veeam, that brings the latest technologies and a personal service...

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New study reveals more than 1 in 10 South West employers are likely to make redundancies in the year ahead

Authored by News Desk
Posted: Tue, 11/08/2022 - 8:30pm

More than one in ten of employers in the South West are likely to make staff redundancies in the year ahead, according to a new survey.

The new study, commissioned by workplace experts Acas and carried out by YouGov, shows that 10% of businesses based in the South West are likely to make redundancies in the next 12 months.

Mike Fenn, Acas Area Director for the South West said: “Global events over the past few years have thrown up difficult challenges for some businesses and our poll reveals that more than one in ten of them in the South West are likely to make...

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