Finance

Funding for group aiming to tackle Covid-19′s impact on mental health, sexual abuse and domestic violence

December 3, 2020
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Funding for group aiming to tackle Covid-19′s impact on mental health, sexual abuse and domestic violence

Bath-based cooperative Dot Project, which works with organisations that are creating positive change to help them achieve their goals through technology, has been awarded £465,000 in National Lottery funding to provide its expertise to organisations tackling mental health, sexual abuse and domestic violence. In partnership with London-based Shift, which tackles social problems through the...

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Pearson May Financial Update: Festive gifts and virtual Christmas parties

December 2, 2020
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Pearson May Financial Update: Festive gifts and virtual Christmas parties

It is sadly inevitable that this year’s staff Christmas parties will not be the usual get-togethers and businesses will, no doubt, already be looking at more inventive ways to have a festive celebration, be it virtual or with individual gifts, etc. writes Pearson May partner Matthew Rutter. From online cookery classes, virtual pantomimes and streaming...

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Bath Business Blog: Tom Webb, head of corporate, Mogers Drewett. Futureproof your business for 2021

December 2, 2020
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Bath Business Blog: Tom Webb, head of corporate, Mogers Drewett.  Futureproof your business for 2021

Given the unprecedented challenges all businesses have faced over the past six months, there is no doubt that 2021 is going to be an important year. Add to this the UK leaving the EU on December 31 and the uncertainty of more lockdowns and for many businesses 2021 could be a make or break year....

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Business groups warn of bleak winter as Bath prepares for life in Tier 2 when lockdown ends

November 27, 2020
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Business groups warn of bleak winter as Bath prepares for life in Tier 2 when lockdown ends

Bath’s Tier 2 restrictions when it comes out of the national lockdown next week will have a “chilling impact” on its economy, with much of its hospitality sector remaining “frozen” in the vital run-up to Christmas, business groups have warned. Bath Chamber of Commerce group Business West said despite having escaped being put in...

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Pearson May weekly financial round-up

November 26, 2020
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Pearson May weekly financial round-up

Each week Bath accountancy firm Pearson May and Bath Business News team up to bring you the top national finance stories. Are big changes afoot for Capital Gains Tax?  The Office for Tax Simplification recommends options for Covid-19 tax grab. Find out more here HMRC reveals Making Tax Digital for Corporation Tax plans Latest tax to go digital set...

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Reboot for Business West’s online Brexit advice hub as clock ticks down to end of transition period

November 26, 2020
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Reboot for Business West’s online Brexit advice hub as clock ticks down to end of transition period

The award-winning Trading Through Brexit service run by Business West has been relaunched to help companies make crucial last-minute adjustments to the way they operate ahead of the end of the UK-EU transition period. Regardless of whether or not a deal is reached between UK and EU negotiators ahead of deadline on December 31,...

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Chancellor’s Spending Review: Bath business reaction

November 25, 2020
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Chancellor’s Spending Review: Bath business reaction

Business West, which runs Bath Chamber of Commerce, was disappointed with the lack of capital investment promised by the government for the West of England. Policy manager Claire Ralph said: “Some minor funding has been allocated to the West of England Combined Authority for local transport improvements through the Transforming Cities Fund. “Elsewhere it...

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Chancellor’s Spending Review: National business reaction

November 25, 2020
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Chancellor’s Spending Review: National business reaction

Business groups have welcomed the investment in infrastructure and jobs in Chancellor Rishi Sunak’s Spending Review but said many firms still needed more help from the government. The CBI praised the Chancellor for making “some bold autumn decisions” to power a spring recovery even as the stark forecasts pointed to tough times ahead. But...

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Chancellor’s Spending Review: Main points

November 25, 2020
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Chancellor’s Spending Review: Main points

Chancellor Rishi Sunak this week delivered his much-anticipated Spending Review, outlining how the government will tackle the huge economic challenges caused by the coronavirus pandemic. Among the main points were:  The government is spending £280bn on tackling Covid-19 But the Chancellor says: “The economic damage is likely to be lasting.” Forecast for UK borrowing...

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Plea for more help for businesses as government announces new regional tier restrictions

November 24, 2020
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Plea for more help for businesses as government announces new regional tier restrictions

The government has been warned that it cannot “keep switching businesses on and off like a light switch” through Covid-19 related national lockdowns and regional tiers without expecting severe consequences.  Instead, firms need a plan that keeps them, and the economy, open throughout winter and beyond, according to Business West, the organisation that runs...

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