Specialist funder Time Finance is to increase lending by its invoice finance business after renewing and increasing its back-to-back funding facility with NatWest by £10m. The increase to £65m includes £55m fully committed and an additional £10m ‘accordion’ line of credit. The facility will be used exclusively for lending to UK businesses and provides...
Monday October 7 Final: Beeks Financial Cloud Group Economic announcement: Halifax house price index Tuesday October 8 Final: Abingdon Health Interims: S & U, Angling Direct Trading announcement: Intercede Group Economic announcement: Retail sales Wednesday October 9 Final: Netcall Interim: CMC Markets Trading announcement: Marston’s Thursday October 10 Nothing listed Friday October 11 Trading announcements: Jupiter Fund Management, Hays Economic announcements: Index of services, Industrial...
Struggling Somerset-based fashion business Mulberry has rejected an £83m takeover bid from Frasers Group, the retail business controlled by billionaire Mike Ashley that already owns 37% of its shares. The offer was made as Mulberry, which has manufacturing sites at Chilcompton, south of Bath, and in Bridgwater, faces some of its tough trading conditions since...
Monday September 30 Interims: Venture Life Group, Frenkel Topping Group, Bango, Likewise Group, Gresham House Energy Storage Fund, Tinybuild, Surgical Innovations Group, RBG Holdings, Huddled Group, Playtech, Zinc Media Group, Seascape Energy Asia, Christie Group, Xeros Technology Group Economic announcements: Current account, Gross domestic product, M4 money supply, Tuesday October 1 Economic announcements: Nationwide house price index,...
The Bath Business Improvement District (Bath BID) has appointed experienced hotelier Michael Musgrave as the new chair of its board. The BID said Michael, general manager of the Apex City of Bath Hotel, brought a wealth of experience and a fresh perspective to the role and will drive forward its mission to enhance the...
Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. HMRC chases directors for unpaid taxes Rise in liability notices issued to company directors soars by 225%. For more details, click here Capital Gains Tax receipts double Higher property taxes prompt sales ahead of possible rate hikes. Click here to...
Pre-tax profits have again soared at Time Finance, the Bath-headquartered alternative finance provider, as it enters the final year of its four-year strategic plan to reshape the business. The firm, which provides asset, loan and invoice finance products to more than 11,000 UK businesses, has spent three years targeting lending book growth driven by both...
Future, the Bath-based global platform for specialist media, has started closing a small number of its print and digital brands as it looks to return to growth this year. The group, which operates around 230 brands in diversified markets, announced the move in a trading update to shareholders which also said its full-year results...
Iconic Bath filming locations used in series such as Bridgerton and McDonald & Dodds have been showcased to international media representatives as part of a campaign to attract more tourists to Britain. Journalists from countries including Germany, Canada, India and China were in Bath this week to explore the kind of film and TV-related...
The University of Bath has again been ranked as one of the UK’s top universities in an annual UK higher education publication, as well as being named the best in the South West. The university’s success in The Times and Sunday Times Good University Guide 2025 – widely seen as one of the most authoritative of its...
