Finance

University-business partnership will aim to power West of England’s economic growth and devolution

November 21, 2024
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University-business partnership will aim to power West of England’s economic growth and devolution

Pioneering ways of meeting the West of England’s economic challenges while building on its strengths are to be explored by a new data and research project. The Brunel Centre, which will officially launch next year, will bring together businesses and universities with policymakers to support regional growth and industrial strategy.  It has been created by the...

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Major accountancy sector award recognises Bishop Fleming’s commitment to client service

November 20, 2024
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Major accountancy sector award recognises Bishop Fleming’s commitment to client service

Regional audit, accountancy, tax and advisory firm Bishop Fleming, which has an offices in Bath, believes winning a prestigious sector award for its client service shows how it is now engrained in the fabric of the business. The group, which has an ambition ‘to be the most rewarding firm for its clients, it’s people and...

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Bath’s aspiring talent celebrates another successful year for city’s leadership development scheme

November 15, 2024
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Bath’s aspiring talent celebrates another successful year for city’s leadership development scheme

Bath Future Talent Programme, the city’s unique leadership development scheme, ends its eighth annual programme today with a celebratory event and a look ahead to exploring challenges for 2025. The world-class programme is staged by Bath Bridge, the community interest company that brings together a wide range of knowledge, skills and experience to boost...

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£7.8m raised by Bath firm as it steps up its tech-driven battle against microplastic pollution

November 15, 2024
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£7.8m raised by Bath firm as it steps up its tech-driven battle against microplastic pollution

Naturbeads, the Bath firm developing biodegradable alternatives to harmful microplastics, has secured £7.8m in funding to further develop its pioneering technology, including building its first production plant. Founded in 2018 as a spin-out from the University of Bath, Naturbeads is now scaling its innovative cellulose microsphere technology.  The series A round funding will enable...

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Pearson May financial round up

November 14, 2024
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Pearson May financial round up

Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. Rules tighten for directors’ loans New regulations ensure there are no tax-free loan extraction loopholes. Click here for more details.  HMRC urges buy-to-let disclosures Landlords warned to disclose earnings before HMRC’s deadline. To find out more, click here

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Focus on responsible business is a major factor in our ongoing success, says Bishop Fleming

November 13, 2024
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Focus on responsible business is a major factor in our ongoing success, says Bishop Fleming

Accountancy and advisory firm Bishop Fleming has underlined its commitment to responsible business practices in its third annual report on the issue, saying it had become a key factor in the way it now operates. The Responsible Business Impact report underscores the firm’s ongoing commitment to fostering a sustainable future, while also highlighting its key achievements. ...

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Pearson May financial round up

November 7, 2024
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Pearson May financial round up

Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. Mandatory registration for tax advisers to tackle rogue practitioners All must register with HMRC from April 2026. Click here for more details.  Government champions health benefits of work in new initiative WorkWell programme aims to support better health through...

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Pearson May Financial Update: Key announcements in the Autumn Budget 2024

November 6, 2024
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Pearson May Financial Update: Key announcements in the Autumn Budget 2024

Chancellor Rachel Reeves delivered her Budget on 30 October, the first by Labour for almost 15 years. She pledged to ‘invest, invest, invest’ to drive growth and ‘restore economic stability’. Ms Reeves said the Budget would raise a massive £40bn in taxes, a significant proportion of which will be borne by businesses. Here Pearson...

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Upmarket regional housing developer builds for its future with help from Thrings’ corporate team

November 5, 2024
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Upmarket regional housing developer builds for its future with help from Thrings’ corporate team

Corporate lawyers in Thrings’ Bath office have advised Wiltshire housebuilder Stonewood Homes on a string of deals linked to its schemes across the West of England. Stonewood, which specialises in small-to-medium developments of high-quality, sustainable new homes, received funding from a consortium of investors as part of its plans to bring forward a proposed...

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Budget 2024: Thrings’ experts look at the impact of Reeves’ tax changes

November 1, 2024
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Budget 2024: Thrings’ experts look at the impact of Reeves’ tax changes

This week’s Budget ushered in a large number of tax reforms as Chancellor Rachel Reeves seeks to balance the Treasury’s books. Here experts from law firm Thrings look at some of the key changes.  Inheritance Tax  The inheritance tax (IHT) threshold freeze remains for a further two years to 2030. That means the first...

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