Bath-based asset-backed finance provider 1pm has expanded into the small business loans market. The firm, quoted on the London Stock Exchange’s AIM market, will initially lend between £1,000 and £15,000 which can be repaid over any period from three to 36 months. It announced completion of its first loan to a Leicester wholesale business...
Nearly two-thirds of West firms are optimistic about their prospects as the region’s economy starts to improve, with most expecting turnover and profits to increase over the coming year. Some 65% of the 550-plus businesses from across the region that took part in the latest British Chambers of Commerce quarterly economic survey expressed confidence...
West firms are showing some significant signs of recovery as the economic upturn gains traction, according to the upbeat results of a new survey. Domestic sales for the region’s manufacturing and services sectors have climbed strongly over the past three months while other measures including employment and business confidence, are equally positive, some showing...
Consumers in the South West are continuing to shrug off the tough economic conditions by spending more in the shops and online, new data out today shows. Spending by families and individuals in the region grew by 2.8% last month – the sixth month in a row that it has been above inflation. Restaurants...
West-based chartered accountancy firm Milsted Langdon has been named the UK’s Best Large Practice for the third year running. The firm, which has offices in Bath, Bristol, Taunton and Yeovil, won the title at the prestigious AccountingWEB Practice Excellence Awards held in London last week. Milsted Langdon became the first UK firm to chalk...
Strong trading in its protection & defence division is expected to lift manufacturer Avon Rubber’s full-year profits higher than current market expectations, the group has told shareholders. The boost has come from orders from the UK Government and customers in the Middle East, together with a high level of operational flexibility, which has allowed the Melksham-based group to deliver products...
Monday 7 October Final: Waterman AGM: City of London Investment Tuesday 8 October Trading statements: Robert Walters, Victrex Economics: British Retail Consortium year-on-year sales, Royal Institution of Chartered Surveyors – house prices data Wednesday 9 October Interim: N Brown Trading statements: Centamin, Greggs, Vedanta Resources AGM: Goodwin Economics: British Retail Consortium shop price index,...
Halsall, the Bath-based construction firm, has been appointed to build a sixth form centre at Norton Hill School in Midsomer Norton. Work will start on the 800 sq m, £870,000 building this month and complete next May. The project will give the school improved sixth form accommodation and four additional classrooms and will link...
The Government must show ambition and get moving on economic expansion, Business West, the organisation that runs Bath Chamber of Commerce, said this afternoon. Responding to David Cameron’s speech at the Conservative Party conference today, Business West managing director Phil Smith said: “It is encouraging to hear the Prime Minister put enterprise, wealth generation...
Good Energy, the Chippenham-based renewable electricity supplier, has launched its first corporate bond to finance production of its own green energy. The Good Energy Bonds offer investors a coupon of 7.25% a year, paid half-yearly. Any Good Energy customer or generator investing in the bonds will also be paid, at maturity, the equivalent to...
