Core Insights - There is a significant concern regarding the low uptake of R&D tax credits in Northern Ireland, with only 1,305 claims made in the 2023/24 tax year, representing a 22% decrease from the previous year [1][2] - Despite substantial investments in R&D activities, including £245 million ($329.2 million) for 726 projects supported by Invest NI in the 2024/25 period, the engagement with the R&D Tax Credit scheme remains lower than expected [2] - The upcoming £100 million Advanced Manufacturing Innovation Centre (AMIC) led by Queen's University, set to open in 2026, is anticipated to encourage more companies to apply for R&D Tax Credits [3] Industry Context - Northern Ireland has a strong reputation for innovation across various sectors, including aerospace, biomedical research, and digital innovation, yet the low number of R&D claims indicates potential limitations for future growth [4] - R&D tax relief is crucial for supporting innovation, particularly for SMEs, as it aids in product development, creates skilled jobs, and attracts further investment [5] - The lack of eligible companies claiming R&D tax relief could hinder growth in sectors where Northern Ireland already holds a competitive advantage [5]

Core Insights - S&W has appointed Jonathan Broadis as a partner in its transaction services practice to enhance its value creation advisory services [1][4] - Broadis brings over 25 years of experience in value creation, previously leading the UK M&A consulting division at Tata Consultancy Services [1][2] - His expertise includes operational, financial, and technology due diligence, as well as M&A integration and synergy development [2][3] Company Developments - Broadis will focus on expanding S&W's value creation advisory offerings and improving M&A services while building trusted advisor relationships with clients [4] - Mark Benka, head of transaction services at S&W, expressed enthusiasm about Broadis joining the team to enhance capabilities in value creation [4][5] - S&W recently announced the acquisition of Beechwood Partners in August 2025, which strengthens its presence in Ireland [5]