news
Need Free Legal Advice? Ask Eric! ® www.a sker ic
.co.uk
Solent’s lone entry for Tech Track 100
A company from Petersfield that specialises in developing customer review software is the Solent region’s lone entry in this year’s Tech Track 100 league table, which ranks Britain’s 100 private tech (TMT) companies with the fastest-growing sales over their latest three years.
Feefo, an abbreviation of Feedback Forum, collects consumer reviews for more than 3,000 clients including travel sites Expedia and
Booking.com as well as Hiscox. Earlier this year it added a feature to its website allowing users to record video reviews.
The firm is led by founder Andrew Mabbutt
and counts Nick Wheeler, founder of Charles Tyrwhitt shirts, among its investors. Expansion into the US and Australia helped revenues hit £6 million in 2016, giving an annual growth of £68%. Founded in 2010, it now has a staff of over 80.
Two years ago it was named by the Tech Track as “one to watch”, and since then has won a host of awards. Last year it scooped the title of Best Product award at the eCommerce Awards for Excellence and was again nominated this year, along with further nominations for ‘Best Use of Technology in Customer Engagement’ category at the
Engage Awards and also in the Retail Systems Awards.
Chief executive Mabbutt commented: “Integrating genuine feedback from real consumers has allowed consumers to trust in brands across a spectrum of industries, and enabled personal conversations between buyer and seller. We are proud that our service helps customers to make informed decisions and interact with the companies they buy from.”
* The Tech Track 100 table is compiled by Fast Track and published by the Sunday Times.
Southampton retains position in economic growth league table
Southampton’s economy performed strongly in the second quarter of 2016 helping it to retain its top-10 position in a league table of economic growth in the UK, says a new report.
Law firm Irwin Mitchell’s latest UK Powerhouse report, which has been produced with the Centre for Economic and Business Research (Cebr), provides an estimate of GVA (Gross Value Added) and job creation within 38 of the UK’s largest cities 12 months ahead of the Government’s official figures.
In the most recent version of the report published last month, Southampton recorded an impressive 2.3% respective year-on-year rise in output in Q2 2016. Annual growth in Southampton measured in the first quarter of 2016 stood at 1.9%.
The report valued Southampton’s economy at £5.7 billion and, comparing it to other cities on the South Coast, the report found that Portsmouth grew by 1.8% in Q2 2016, Brighton’s GVA grew by 2.1% and Bournemouth’s economy expanded by 2.2%.
The report predicts the economy of Southampton will grow by 19.1% over the next 10 years – making it the sixth fastest in the study – and that the number of people employed will go up by 3.7% over the same period.
THE BUSINESS MAGAZINE – SOLENT & SOUTH COAST – NOVEMBER 2016
businessmag.co.uk 5
Niall Baker, chief executive of Irwin Mitchell’s business legal services team, said: “Like many other cities across the UK, the economy in Southampton performed strongly in the second quarter of 2016. The political landscape however remains very uncertain and all eyes will no doubt be on how our city economies performed in the three months after the referendum result.”
Irwin Mitchell produced its first UK Powerhouse report in October 2015. The report predicted a growing economic
gap between the South East and the north of England and made nine policy recommendations along with a call for government to radically rethink how it looks to rebalance the UK’s economy.
To download the latest version of the report, visit
irwinmitchell.com/ukpowerhouse
Top 10 of the fastest-expanding cities by year-on- year GVA growth in Q2 2016 (Source ONS, Cebr analysis)
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44