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Watch: Insider's Business Briefing - 17th September
Insider Media
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16/09/2024
Laurence and Ben discuss two Insider lists, a merger involving a historic accountancy firm and a new managing partner at a prominent law firm.
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00:00
Two new insider lists, a merger involving a historic South East accountancy firm, and
00:06
a new managing partner at Muckle.
00:08
That's all coming up in today's Business Briefing.
00:17
My name is Lawrence Gleganon.
00:19
And I'm Butler.
00:20
Morning, Ben.
00:21
Yeah, we'll start in the South East, where TC Group, they're an accountancy firm.
00:26
Very acquisitive.
00:27
Very acquisitive, expanding all over the UK.
00:29
Well, they have merged, or they have announced a merger with a firm in Sussex called Nill
00:35
James.
00:37
They were established in 1887.
00:40
Historic firm.
00:41
Yeah, remarkable bit of history.
00:44
And the firm, the historic sort of combined business, will be known as TC Nill James.
00:51
And you know, that's just the latest in a long line of acquisitions, straight mergers
00:55
for TC Group.
00:58
WJP Brokerage helped support that deal as well.
01:01
So yeah, we'll look forward to seeing how they get on as a sort of larger organisation.
01:06
Absolutely.
01:07
Now, I mentioned in the intro, we've got a couple of lists.
01:11
So perhaps you can tell us about the, is it the most exciting in the South West?
01:14
Yes, in the South West.
01:16
So we've got a diverse mix of businesses from across the region.
01:21
And it showcases the 50 most exciting companies across the region.
01:25
Yeah, for people who don't know, the most exciting, it's our editors, they're sort of
01:29
picks for the businesses that are particularly innovative or, you know, eye-catching.
01:33
And they're sort of destined, we hope, for growth.
01:35
Oh, absolutely, yeah.
01:36
So who have we got in the South West?
01:38
Yeah, so we've got a Cornwall-based coffee roaster, for all you coffee fans, Origin Coffee.
01:44
Right, okay.
01:45
We've also got a Bristol-based Heidi, that's an online tour operator specialising in ski
01:51
holidays.
01:52
Oh, very nice.
01:53
And we've also got Prima Bakeries, which have become employee-owned recently as well.
01:58
Yeah, and they're a Cornish pasty business, is that right?
02:02
Yes, they're a Cornish pasties producer.
02:04
Right, ah yes, because I remember them, because I think it was earlier this week, or earlier
02:08
this month, that they acquired a historic Cornish biscuit maker.
02:12
Yes, a biscuit maker in Cornwall.
02:14
So quite a lot of activity going on with them at the moment.
02:17
Right, okay.
02:18
And are you a pasty fan?
02:20
Yes, I like a nice Cornish pasty, yeah.
02:23
Absolutely, same here.
02:24
I'm sticking out the bit you can grip onto on the sort of the seam.
02:27
Yeah, the South West in general is great for food.
02:30
It is, isn't it?
02:31
With the scones and cream and the cider.
02:33
Yeah, can't go wrong.
02:35
You prefer a sausage roll?
02:37
I would go for a sausage roll ahead of a Cornish pasty, but that's just because they're more
02:40
readily available, I think.
02:41
So yeah.
02:42
Yeah.
02:43
And okay, well that sounds interesting or exciting.
02:47
And what about in Wales?
02:48
What's going on with the list?
02:49
So in Wales, we've also got a various mix of businesses from across the region.
02:56
The list ranks the top companies in Wales with a turnover of under 15 million, and that's
03:01
on a mix of sales and profits.
03:03
So some of the big names, we've got care Philly-based employee-owned insurance company, Thomas Carroll,
03:10
which is a big player there in the insurance industry.
03:14
You've also got a Welsh pool meat wholesaler, the Welsh Sausage Company.
03:18
Right, okay.
03:19
What's your favorite sausage?
03:20
Well, I think, not Welsh, it's actually Irish.
03:24
My favorite brand is Clonacilty, they're from Ireland, absolutely superb, but I'm sure Wales
03:31
are great at making sausages.
03:32
Yeah, I like a Cumberland sausage first.
03:35
In Wales, I'm a big fan of the Edwards brand, which is North Wales.
03:39
And where are the Welsh sausages, where do you say they're from?
03:41
Conway area of Edwards is, yes, in North Wales, they have a nice shop they do actually in
03:46
Conway.
03:47
Right, okay.
03:48
Where you can buy various produce from them.
03:50
It sounds a bit risky.
03:51
Yeah, risky place.
03:52
All the different varieties.
03:53
Excellent, excellent.
03:54
And also, we're representing South West Wales, we've got a Port Talbot chemicals manufacturer,
04:00
Celtic Chemicals.
04:01
And other well-known names in the ranking include lawn care company Green Fun, and we've
04:06
also got Beacon Food, which is a big food supplier in Brecon, and Port Marion, a tourist
04:14
organization.
04:16
Ah, yes, near Port Maddox.
04:19
Can you tell us the TV programme it's famous for?
04:23
I can, I'm a big fan of The Prisoner, Patrick Magoo and The Prisoner, have you watched that?
04:28
I have seen it in the past, yeah.
04:29
Well, in fact, I had a birthday treat where I went to stay in Port Marion, and on the
04:34
TVs there, they have sort of The Prisoner on loop, which is kind of fitting.
04:40
All that was missing from our trip was getting chased along the beach by those white balls
04:43
that they have.
04:45
But it's great to see them doing well, attracting more tourists to North Wales.
04:50
And if you want to see either of the lists for the South West and Wales, they're both
04:54
in the latest Insider magazines for their respective regions.
04:59
Okay, fantastic.
05:00
Well, away from Ben and his list, we've also got news of a new managing partner appointment
05:05
at North Eastern Cumbria law firm, Muckle.
05:09
Now, Jason Wainwright has been at the helm for nine going on 10 years.
05:15
Long period there.
05:16
Yes, that's right.
05:17
But he's always had it in mind that he's going to step down after that time, been a great
05:21
period of growth and accreditations for the firm.
05:24
And he's passing the baton on to his corporate lawyer colleague, Anthony Evans.
05:31
He's sort of a well-known person in the deal-making community, and he's head of corporate at the
05:35
firm.
05:37
And he's going to be succeeded as head of corporate by Philip Clare.
05:42
That's going to take place next year, 2025, April 2025.
05:46
So big shoes to fill, but I'm sure they've got exciting plans over at Muckle.
05:51
It's a big appointment there, yeah.
05:52
Absolutely.
05:53
Well, to read more about the stories that we've been discussing, go to insidermedia.com.
05:58
You can also take a look at our new improved homepage.
06:02
You can subscribe to our newsletters, and you can also subscribe to the magazines, find
06:06
out more about the lists Ben has mentioned.
06:10
That's everything from us.
06:11
See you next time.
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