My new role is a significant one because the council represents the entire industry - designers, constructors, supply chain and specialist contractors - as a single point of contact with Government. It is equally significant that, in appointing someone from a mid- market, regional business, the CBI is responding to government's objective of delegating more power and decision making locally and regionally as well as focusing on growth in the mid-market rather than the already large and often global FTSE 100 businesses. A healthy and active construction sector makes for a healthy economy. In 2009, the CBI and the UK Contractors Group combined to produce a report that clearly demonstrates the importance of the construction industry to the overall economy.
FIVE weeks after taking up the role of chief executive at Penn Pharma, Richard Yarwood has a clearer view of the company's future than that offered through his office window. Driving rain and mist shroud the Tafarnaubach Industrial Estate at Tredegar where Penn Pharma is based, but the new chief executive proceeds to tell an upbeat story on the prospects for the business. Penn Pharma was established more than 30 years ago and has since provided worldwide integrated drug development, clinical trial supply and manufacturing services to the healthcare industry.
InShort Henderson Insurance Brokers has recorded a 30 per cent increase in business over the past 12 months. A GROWING client base has prompted a Hessle-based insurance provider to double the size of its premises and take on new staff.
LEISURE giant Whitbread has seen its coffee business Costa continue to thrive after a 42% jump in the division's half-year profits. As well as opening new stores, the chain has benefited from the success of new drinks such as its extended iced coffee range and the roll-out of coffee machines at motorway service stations.
PAUL Lester is well known for speaking his mind. But it is still surprising when, five minutes into our meeting, the chief executive of VT Group reveals he plans to quit in three years to pursue a 'second career' with a portfolio of non-executive directorships. 'I will have done ten years by then, so that will be enough,' he says. 'I would like to look at a couple of chairmanships with other companies and blast on.' His refreshingly candid revelation almost causes a coffee spillage as my arm stabs out to grab a pen.
Bath Building Society has unveiled a new senior management team, doubling the size of the previous one. The organisation, the South West's only remaining building society, has restructured its management to include a team of six senior managers who will oversee day-to-day operations of the member- owned institution from its base in Queen Square.
Location and flexibility are paramount for success in today's challenging business environment. That's why companies in Cardiff are turning to local Regus centres to solve their workplace needs. As the world's leading provider of work space solutions, with more than 950 business centres across 70 countries and in 400 cities, Regus knows one size doesn't fit all businesses. Its centres at Cardiff city centre, Cardiff Gate and Cardiff Bay have in common superb serviced offices with simple, flexible contracts where every detail is agreed up front, but each offers business a different solution in different locations. Cardiff Bay and Cardiff city centre, for example, are perfect for those seeking a central location, while Cardiff Gate's position on a business park, with easy access to the M4...
Just days after being appointed as Stoke-on-Trent City Council's latest chief executive, John van de Laarschot spoke to city council reporter Iain Robinson about his hopes and ambitions JOHN van de Laarschot will become Stoke-on-Trent City Council's fifth chief officer in as many years when he takes up his Pounds 195,000-a-year post in January. But the former Coca-Cola and Pepsi boss can barely contain his excitement at taking on one of the most challenging jobs in British local gover nment.
A HIRWAUN-BASED electronics company is targeting major expansion following an pounds 800,000 investment. Philtronics is tripling the size of its premises to cope with its increasing order book, and aiming to increase turnover to pounds 8m in three years.
Ian Bell's latest salvo of gloom really needs an answer ("Obsession with budgetary slash and burn is a blunder", Saturday Essay, The Herald, July 31). First, let us get away from the naive assumption that the more public expenditure, the better - always with a dash of Keynes thrown in. Keynes advocated public expenditure to compensate for a deficit in public consumption. He regarded deficit as a temporary stabiliser to be withdrawn as an economy recovered.
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