Finance

Pearson May financial round up

March 4, 2025
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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. Self Assessment tax hits record £4.4bn rise Taxman collects £23bn more in taxes this tax year. Click here for more details.    HMRC call wait time down to 19 minutes Webchat usage rises as phone calls decline. For more...

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Bath Business Blog: People against Poverty empowering women for a brighter future

February 26, 2025
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Bath Business Blog: People against Poverty empowering women for a brighter future

The United Nations’ theme this year for International Women's Day on 8 March is ‘For ALL women and girls: Rights. Equality. Empowerment’. It is a rallying cry for the world to advance women’s and girls’ rights, promote gender equality and foster empowerment by ensuring access to education, employment, leadership and decision-making.  UK charity People...

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Milsted Langdon boosts its tax team with the arrival of one of region’s top accountants as new director

February 24, 2025
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One of the South West’s most experienced accountants has joined regional accountancy firm Milsted Langdon as its new tax director. Mike Lea, pictured, whose career in the profession spans more than 38 years, has become a member of Milsted Langdon’s tax team, enhancing the services it provides for its diverse range of clients, which range...

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Pearson May Financial Update: The end of the tax year is approaching – do you need to take action?

February 14, 2025
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Pearson May Financial Update: The end of the tax year is approaching – do you need to take action?

As the end of the 2024/25 tax year approaches on 5 April, it is also a good time to review your affairs, making the most of opportunities to maximise your income and minimise your tax, writes Pearson May partner Jacqui Bowden. Some tax planning may require action to be taken before 5 April. I will...

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Year of two halves for private equity deals – with the Autumn Budget triggering a late flurry of activity

February 6, 2025
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Year of two halves for private equity deals – with the Autumn Budget triggering a late flurry of activity

Private equity investment in the South West increased marginally last year to £6.2bn as a near 33% increase ahead of the Autumn Budget overcame a slow first half. Deal volume in the region also remained stable, edging down slightly from 104 to 100 year-on-year, according to a survey by global accountancy firm KPMG.  This...

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Pearson May financial round up

February 6, 2025
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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. Self Assessment deadline missed by 1.1m  Despite a rush, more than a million taxpayers failed to file on time. Click here for more details.  Small employer relief rate for statutory pay rises to 8.5% Higher compensation from April eases small...

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Business development manager appointment strengthens Time Finance’s invoice finance offering

February 5, 2025
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Bath-headquartered specialist funder Time Finance has boosted its invoice finance team with the arrival of Jamie O’Neill as business development manager. Jamie, pictured, joins with more than 17 years’ industry experience, his most recent role being business development director at Surrey-headquartered invoice finance firm IGF.  He previously worked at Breal Zeta CF, ABN AMRO Commercial...

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Big increase in optimism among firms in the South West as they look forward to a year of growth

January 31, 2025
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Big increase in optimism among firms in the South West as they look forward to a year of growth

Business confidence has risen sharply in the South West as the region’s firms shrug off suggestions that UK economic growth is stalling. According to the latest Business Barometer from banking group Lloyds, optimism among South West companies climbed by 13 percentage points in January.   Confidence in their own business prospects was up 20 points...

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Good Energy bidder vows to continue its founding aim of powering up the green revolution

January 31, 2025
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Good Energy bidder vows to continue its founding aim of powering up the green revolution

The founder of renewable electricity supplier Good Energy has welcomed its possible acquisition by a Dubai-based group, saying it would continue its original aim when it started 25 years ago of encouraging the switch to green power. Juliet Davenport, who launched the Chippenham-based firm in 1999, said the £99.4m approach by Esyasoft, which is subject...

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New expansion strategy unveiled by Time Finance as clocks up a record three-and-a-half years of growth

January 30, 2025
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Bath-headquartered specialist funder Time Finance has launched a three-year strategy to increase its lending by 50% as its current highly successful four-year growth plan nears its completion. The group, which provides asset, loan and invoice finance products to more than 10,000 small and medium-sized enterprises across the UK, recently chalked up record lending after 14...

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