Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .



Andrew Ramsbottom

Manufacturing investment specialist Advent Partners LLP has welcomed David Cameron’s rallying cry to ‘reshore’ British manufacturing businesses, but warns that SMEs will need proper investment to fulfill that ambition.

The PM said in his speech at the World Economic Forum in Davos that a recent survey showed that one in ten UK SMEs is considering bringing production back from overseas to the UK, more than double the number heading east.

Andrew Ramsbottom

Andrew Ramsbottom

Mr Cameron said the UK would create a new organisation to aid reshoring, in the same way UK Trade & Investment has helped British companies with exporting. He talked of “a one stop shop to help business capitalise on the opportunities that reshoring brings.”

Andrew Ramsbottom, Managing Partner at Advent, said: “Of course we welcome the idea of manufacturing returning to UK shores – manufacturing is one of the bedrocks upon which Great Britain was built and is especially important in the Midlands, where we tend to operate.

“Talk is talk, though. A reshoring body similar to UKTI would be helpful in its way, but nothing would happen without capital investment.

“Manufacturing SMEs need good strategy and support management and – above all – access to viable funding to move operations back to this country.

“While government bodies would be able to offer objective advice and contacts and banks might be willing to consider funding, a private business investors like Advent would be able to offer the full package, by providing: quick access to working capital; more than 40 years’ combined experience and industry expertise; excellent strategy; and committed management support.”

Headed up Andrew Ramsbottom and David Gee, Advent is looking to invest in Midlands-based manufacturing or product-based businesses with up to £15 million turnover requiring capital and support management.

Advent specialises in providing private funding of up to £0.5 million per transaction to unlock potential and maximise future development and always holds an equity position within the business providing management support, driving change and delivering success.

Global Banking & Finance Review


Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!

By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post