Business Daily

SW small business eye share of nation’s £5bn Christmas Spend

Local small businesses across the South West are gearing up to take their share of a much-needed Christmas boost, as new data predicts the UK could spend £5.3 billion with small firms over the festive period, delivering critical end-of-year gains for this vital segment of the economy.

In wider positive economic signs, new data from the Small Business Saturday campaign also found Brits could spend over £23 billion in total across the UK this festive season, representing a nominal 16% year-on-year spending rise.

On average, one fifth of the nation’s seasonal spending pot...

Exeter’s Super Sunday race meeting looks set to live up to its name

Authored by Lucy
Posted: Wed, 02/07/2018 - 12:54pm

It’s been given the moniker Super Sunday, and judging by the entries, Exeter’s meeting this weekend (February 11) looks set to live up to its name.

Racing aficionados will remember that it was five years ago that Many Clouds, carrying the famous green, yellow and white colours of Trevor Hemmings, romped to glory in the two miles two and a half furlongs novices’ hurdle. Following that win, he quickly asserted himself as one of the nation’s favourite ever racehorses winning nearly £1million in prize money, including the 2015 Grand National.

On Sunday, Jurby will carry those...

Old Mill's Katie Rice scoops top award despite setback

An accountant from Exeter accountants Old Mill is celebrating after winning an award for achieving top marks in one of her Associate Chartered Accountant (ACA) exams despite missing some of the course due to illness.

Katie Rice had to miss the first week of classes when she was admitted to hospital, but this made her even more determined to catch up with her class mates.

The 25-year-old did a great deal of preparation and revision, and with the help of Old Mill and her tutors at Reed Business School, not only did she manage to pass her exams, but she achieved the highest...

Olympian set to open new leisure facilities at Finlake

Authored by News Desk
Posted: Tue, 02/06/2018 - 10:46pm

Olympian and TV personality Sharron Davies will officially cut the ribbon on a new £10 million water park at Haulfryn’s Finlake resort in Devon in February. The Commonwealth gold and Olympic silver medallist has been invited to Finlake to unveil a raft of improvements to the popular holiday destination including a new water park, gym and leisure facilities. Sharron will open the new multi-million pound facilities, which include slides, splash zones and two pools, on Thursday 15th February at a special ceremony. Sharron said, “It is fantastic to see investment in swimming and leisure...

Exeter manufacturer expands to Italian market with acquisition

Authored by News Desk
Posted: Tue, 02/06/2018 - 10:21pm

An Exeter-based manufacturer of premium fluid transfer systems has acquired its Italian distributor with the support of a £2.65million loan from Lloyds Bank Commercial Banking.

Goodridge, established in 1969, is a global leader in the manufacture and assembly of premium fluid transfer systems for high-performance applications to the automotive, defence and motorsport industries. Goodridge currently supplies its products to customers across the UK, USA, Europe, Japan and China. The business has acquired its long-term Italian distributor Gieffe Racing. Gieffe is a key partner with...

Colyton Grammar School’s VEX Robotics team makes nationals

Authored by News Desk
Posted: Tue, 02/06/2018 - 9:41pm

Ashwoods Electric Motors, the UK’s largest IPM motor manufacturing facility, have sponsored one of Colyton Grammar School’s VEX Robotics teams, to support STEM in schools and encourage the engineers of the future.

Ashwoods Electric Motors (AEM) design and manufacture bespoke, high-performance electric motors with an international reach. They are based in Exeter, with a new manufacturing facility currently being built just outside the city.

The team that AEM are sponsoring has recently competed in the VEX Robotics Competition. This brings STEM (science, technology,...

Police warning after spate of catalytic converter thefts

Authored by News Desk
Posted: Tue, 02/06/2018 - 12:13pm

Police have issued a warning to members of the public to be vigilant following a series of thefts of catalytic convertors from motor vehicles in Torquay, Newton Abbot and Totnes.

Between Saturday 3 February and Monday 5 February 2018, there were three catalytic converter thefts in Devon.

The converters were stolen whilst vehicles were parked on the street outside the owner’s homes and also from vehicles parked on industrial estates. The vehicles being targeted are mainly Honda Accords.

Officers are advising the public to park their vehicles either under street...

Third of Devon businesses see positive Brexit impact

Authored by News Desk
Posted: Tue, 02/06/2018 - 9:03am

A third of Devon businesses are confident that Brexit will be beneficial and a opportunity to grow their company, according to a new survey.

In the recent study carried out by local business support programme Fast Track 2 Growth, 35% of Devon businesses said they believed Brexit presented opportunities for growth, compared with 23% who said leaving the EU was likely to have a negative impact on their business.

In another positive finding, 63% of companies expect to recruit more people in 2018 than 2017.

The survey, which gathers feedback on industry trends and...

It's time to act, says Bradshaw

Exeter MP Ben Bradshaw has praised the city’s forthcoming Cyber Security Awareness Week for leading the war against increasing online crime.

Mr Bradshaw said it was a timely reminder for all businesses to review their online security and prepare for General Data Protection Regulation coming into force in May, requiring companies to change the way they capture and store personal details.

Congratulating Exeter-based Bluegrass Group for organising a week long programme of free seminars and workshops, Mr Bradshaw said: ‘ Cyber Security Awareness Week is yet another excellent...

Payroll Update Seminars – everything you need to know about the recent legislation changes

Authored by News Desk
Posted: Mon, 02/05/2018 - 10:14pm

With payroll legislation constantly changing, keeping fully up to date can be challenging.

PKF Francis Clark are hosting two ‘Payroll Update Seminars’ in the South West, where delegates will receive a comprehensive update, which will guide them through all the recent legislative changes and those that will be coming up in the near future. PKF Francis Clark will also be covering the common problems and pitfalls that their clients regularly need help and advice with.

Events are taking place at Exeter Racecourse on 20 February and The Alverton Hotel in Truro on 21 February and...

These 3 DIY jobs will save your business money

Running a business can be capital intensive. Costs can range from paying rent for space you’re operating from, to the maintenance of the space as well. In-between, it is likely that you’ll have to think about managing staff, paying lawyers and handling payroll. The last thing you might want to think about when taking that into consideration is having to pay for things that you can do yourself. If you’re in the beginning stages of your business especially, it is a good idea to try and save as much as you can. That is why this article has listed three DIY jobs that you could consider doing...

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