We were delighted to support Tungsten West Plc’s successful flotation on the London Stock Exchange by acting as reporting accountants for the company’s initial public offering (IPO). Tungsten West raised approximately £39 million from investors on admission to the Alternative…
To be honest I missed this amongst the Chancellors’ “let them drink beer” Budget speech, but when I started reading the documents on the GOV.UK webpage I read “£200 million of new funding to continue the Cornwall and Isles of…
The pandemic boom in domestic lettings of cottages and holiday homes for families in European markets is driving mergers and acquisitions activity by property management companies. In the UK the success of the UK’s vaccination programme and the high demand…
Last week (7 September), the All-Party Parliamentary Group (APPG) on Fair Business Banking issued a report, “Scale up to level up: Reforming SME Finance”. The report Key points in the report found here: Issues: The provision of SME finance in…
As someone who acts for a lot of businesses based in the East Devon area, I was very interested to hear about the Innovation and Resilience Fund (IRF) which launched this week (14 September) through which businesses and organisations can…
As someone who is interested in equity and technology companies, I was excited to receive an email from the British Business Bank on the launch of the Future Fund: Breakthrough, a fund through which “British Patient Capital will make equity…
Last week I saw the final lending figures for Coronavirus loan schemes. The highlights: £79.3bn of loans to 1.67m businesses across the UK Businesses across the South West received over £5.6bn in funding under the government’s two largest Covid-19 loan…
I tried again today to find out more about the “Up to £1m of innovation funding earmarked for businesses in Cornwall to support their development of technologies, products and processes in energy efficiency, power generation and energy storage” promised by…
Written by Rosanna Weatherly (Updated with information on the latest Cultural Recovery Fund Round - see Covid-19 section below) On Monday 14 June, Cornwall submitted its bid to be Capital of Culture 2025 so we thought it was a good…
The discontinuation of LIBOR at the end of this year represents a fundamental change within the banking and finance industry and will affect a significant proportion of British businesses in some way. Banks and lenders should be reaching out to…
Merry Christmas! Our offices will be closed from 1pm on Christmas Eve, reopening on Tuesday 4 January.