Finance

Time Finance clocks up its strongest-ever lending as its four-year strategy continues to pay off

December 20, 2024
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Time Finance clocks up its strongest-ever lending as its four-year strategy continues to pay off

The chief executive of Bath-headquartered specialist funder Time Finance has expressed his “real confidence” in the group’s continued strong growth following a half year in which it achieved record lending. The group, which provides asset, loan and invoice finance products to more than 10,000 small and medium-sized enterprises across the UK, had a lending book...

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New banking arrangement for Inspecs as it eyes opportunities to put recent sales worries behind it

December 19, 2024
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New banking arrangement for Inspecs as it eyes opportunities to put recent sales worries behind it

Bath-headquartered eyewear group Inspecs has increased its financial flexibility by rearranging its existing banking arrangements as it looks ahead to a brighter 2025. The group, which designs and manufactures a wide range of spectacles, lenses and frames for global markets, warned earlier this month that its full-year revenue and underlying earnings were likely to...

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Pearson May financial round up

December 19, 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. HMRC issues guidance on foreign tax relief claims Taxpayers urged to check double tax agreements. Click here for more details.  Number of UK businesses using tax havens halves Fewer companies avoid UK tax through offshore schemes. To find out...

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Pearson May financial round up: Even the taxman can play Santa when it comes to your staff Christmas parties and festive gifts!

December 12, 2024
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Pearson May financial round up: Even the taxman can play Santa when it comes to your staff Christmas parties and festive gifts!

As this year draws to a close, many employers will be looking for ways to reward their teams’ hard work. But how can you do that in a tax-efficient way that benefits both you and your employees? Here Pearson May partner Matthew Rutter takes a look at the main tax considerations to bear in...

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Experienced head of sales joins Time Finance in the South West to drive further expansion

December 3, 2024
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Experienced head of sales joins Time Finance in the South West to drive further expansion

Bath-headquartered specialist funder Time Finance has promoted Mike Freebury to head of sales within its invoice finance division in the South West and Wales. The move marks a key milestone in Time Finance’s growth journey as the business, which provides asset, loan and invoice finance products to more than 10,000 small and medium-sized enterprises...

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Calling all canine-loving colleagues: Bath workplace design experts start the hunt for UK’s top office dog

December 3, 2024
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Calling all canine-loving colleagues: Bath workplace design experts start the hunt for UK’s top office dog

A national competition to find Britain’s best-loved office dog has been launched by Bath-based workplace design company Interaction. Dog owners from across the UK can nominate their canine colleagues and share a photo of their pets at work – with a winner being chosen every month next year.  Interaction, which has been designing award-winning...

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Pearson May financial round up

November 28, 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. HMRC clarifies BiK reporting requirements New benefits-in-kind payroll rules starting April 2026. Click here for more details.  17% rise in scams targeting taxpayers HMRC urges vigilance against phishing ahead of deadline. To find out more, click here

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National investment firm launches £50m regional fund for ambitious South West businesses

November 22, 2024
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National investment firm launches £50m regional fund for ambitious South West businesses

A £50m fund to help the growth of small and medium-sized firms across the South West has been launched by investment group Foresight – with two offices in the region due to open to support it. FTSE 250 listed Foresight already manages a number of regionally focused private equity and venture capital funds dedicated...

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Investment group paying up to £18m to snap up award-winning Bath asset management firm

November 22, 2024
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Investment group paying up to £18m to snap up award-winning Bath asset management firm

An asset management business based in Bath and London with nearly £3bn of assets under management has been acquired by a specialist wealth and asset management company. Alpha Beta Partners, which was established in 2017 by a team of experienced industry professionals, described the takeover by Tavistock Investments as leading to a new phase...

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Pearson May financial round up

November 21, 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. HMRC email rules clarified for taxpayers Clear guidance issued on email use. Click here for more details.  Retailers warn about rising employment costs Leaders urge Chancellor to rethink tax plans to protect jobs. To find out more, click here

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