South West firms could be missing out on a ‘cash mountain’ that could help them to expand, says Lloyds Bank Commercial Banking after new figures found they were tying up millions of pounds in excess working capital.
The research shows that businesses across the south and the east of England have at least £138.3billion tied up in excess capital, as business growth continues to soar. But by building up their stock levels ahead of anticipated price hikes – causing the level of cash trapped in working capital to increase – South West firms could be leaving themselves exposed,...
“It’s great to see workplaces getting creative and making the campaign their own,” says Becky Russell, from Active Devon who joined Exeter College on a lunchtime walk around Exeter, taking in the history of Rougemont Gardens.
Matt Rowett, who has been championing the project for Exeter College and led the history walk said: “I’ve loved seeing how many staff have joined in with this activity from all areas of the college workforce. It’s created a great opportunity for cross college competition along with the county wide rivalry.” More than 60 staff from Exeter College, named as a...
South West businesses experienced another solid month of growth during March, with demand for goods and services rising and job creation outstripping the UK average, according to the latest Lloyds Bank UK Regional PMI survey.
The South West PMI® fell marginally to 53.4 in March, down from 53.5 in February. A PMI reading above 50 signifies growth in business activity.
Data from March showed that new business orders expanded in the region, resulting in the creation of new jobs, and business confidence towards growth prospects rose to a ten-month high.
Vital work to reduce the risk of flooding to over 3,200 homes and businesses in Exeter reaches another key milestone this weekend as work around the Quay area of the city is halted to avoid disruption to visitors and businesses over the summer. Work will resume in October.
Over the last five months, contractors working on behalf of the Environment Agency have been busy building a flood defence system that will be put in place when flooding is expected and then taken down when river levels recede. The defence follows the line of the existing bollards.
An international Ideas Festival for Business, held in London and New York is coming to Exeter, it was announced today.
The influential Like Minds Ideas Festival will arrive in Exeter in September, with business leaders and speakers from the US, Europe and the UK taking part.
It will be held at Exeter Castle on Friday September 29th, after a speakers and sponsors welcome dinner the evening before. Some 250 delegates will hear from international business speakers, take part in immersive masterclasses and debate with renowned business experts during panel sessions and lunches...
ONE of Exeter’s most successful networking, training and support groups will be demonstrating its value to company bosses at a special event next month.
Following requests from its members and local businesses, Exeter PA Network is holding a free ‘showcase’ event.
Employers will have the opportunity to learn about the benefits of their administrative staff belonging to the network and find out more about how it can boost their business.
Kim Glover, founder of the Exeter PA Network, said: ‘At our showcase we will be sharing how we support local businesses and their...
Eighteen local businesses from Devon including Ribeye, Sleipner Motor, Chatham Marine, Jimmy Green Marine, Princess Yachts and Teignbridge Propellers were among over 300 exhibitors celebrating the opening of the 2017 London Boat Show on Friday. Visitors were wowed with celebrity appearances, live entertainment and over 100 debut products and boats. Taking place until Sunday 15 January, the Show kicks off the 2017 boating calendar, offering a taste of the very best that the global sailing and marine world has to offer. With close to 400 boats on display, the Show is a spectacle not to be...
A THRIVING business support group has reported excellent growth for its members this year.
The Blackdown Hills Business Association, which was formed around 30 years ago, supports a range of companies, including new business start-ups, sole traders and SMEs, right up to large corporations all providing key services, based in the area on the Devon/Somerset border.
Claire Stepney, BHBA Coordinator, said: ‘The Blackdown Hills are well connected on the borders of East Devon, West Dorset and South Somerset. Local companies recognise the importance of supporting one another,...
Businesses situated within the cordon following the fire in Exeter city centre are being assisted by staff at the City Council.
Around 50 businesses attended a multi-agency meeting today to find out how best to move forward following the devastating events of last weekend.
Cllr Rosie Denham, Lead Councillor for Economy and Culture, said Council staff had been assisting businesses affected by the fire and the impact of the safety cordon since people were evacuated last weekend.
“First of all I would like to thank everyone working on this incident, from the emergency...
Exeter Business Improvement District (Exeter BID) has introduced a new members’ benefits scheme to offer businesses within the area the chance to save money on their business costs.
Partnering with specialists Meercat Associates, the Exeter BID Joint Procurement scheme looks to reduce costs and secure better deals for BID businesses. There are a number of areas that businesses can look into, including energy, telecoms, stationery and testing.
Rishi Sood, Managing Director of Meercat Associates said “Our partnership with Exeter BID will allow us to provide all members with...
