Finance

Business West calls on government to act now and extend business rates relief for struggling firms

January 21, 2021
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Business West calls on government to act now and extend business rates relief for struggling firms

Chancellor Rishi Sunak has been urged to extend business rates relief beyond its March 31 cut-off point to avoid further pressure on firms struggling from lockdown restrictions. The call has come from Business West, the region’s largest business group and the organisation behind Bath Chamber of Commerce.  Businesses in the retail, hospitality and leisure...

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Pearson May weekly financial round-up

January 21, 2021
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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. HMRC reminds taxpayers of time-to-pay option  Self-assessment taxpayers can spread payments over up to 12 months. Does this apply to you? Find out here Rising living wage set to drive up employer costs 23-year-olds to get highest...

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EY’s new South West managing partner has ambitions to further build brand in region

January 21, 2021
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EY’s new South West managing partner has ambitions to further build brand in region

Karen Kirkwood has been appointed as global accountancy group EY’s new managing partner for the South West and Wales as it continues its growth in the region. Karen, pictured, takes over from Andrew Perkins, who has successfully completed a four-year tenure in the role. He is staying in Bristol as EY’s regional corporate finance partner.  Karen joined EY...

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UK post-Brexit trading rules with the EU are complicated, so get advice now, firms are urged

January 19, 2021
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UK post-Brexit trading rules with the EU are complicated, so get advice now, firms are urged

Bath firms struggling with post-Brexit trade complications are being urged to get expert advice and support by Business West, the region’s largest business organisation. With the UK now outside of the European Union as of December 31, businesses must adhere to new rules and regulations when trading with the EU.  As reports emerge of how...

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Bath property developer to sell £124m portfolio as city’s housing market remains resilient

January 15, 2021
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Bath property developer to sell £124m portfolio as city’s housing market remains resilient

A portfolio of 17 properties, including student accommodation blocks and residential schemes in Bath, has been put up for sale for £124m in a sign of the strength of the city’s property market, despite Covid-19. Bath-based developer Rengen said the schemes, which also include sites in Bristol and Worcester, contain 634 bed spaces, most...

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Business West looks to wider talent pool for new directors to avoid its board becoming ‘echo chamber’

January 15, 2021
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Business West looks to wider talent pool for new directors to avoid its board becoming ‘echo chamber’

Business West, the region’s largest business group, has broken with its traditional method of recruiting for its board to take on three new non-executive directors. The £10m turnover group, which runs Bath Chamber of Commerce, said the move was designed to access a wider talent pool that represented the full range of the region’s...

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Former PwC partner joins SWIG Finance board as it targets more funding for SMEs

January 14, 2021
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Former PwC partner joins SWIG Finance board as it targets more funding for SMEs

Regional alternative finance lender SWIG Finance has strengthened its board again with a non-executive director appointment as it prepares for its new chair to take up her role. The arrival of Chris Butters, pictured, who has considerable non-executive director and senior executive experience, comes ahead of Christine Allison taking over from current chair Malachy...

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Altus steps up to sponsor top bobsleigh team frozen out of official UK sports funding

January 14, 2021
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Altus steps up to sponsor top bobsleigh team frozen out of official UK sports funding

Bath-based financial services software and consultancy services provider Altus has agreed to sponsor Great Britain’s top bobsleigh crew after being motivated by their enthusiasm and their energy. Team Bobsleigh Brad, which is made up of six world-class athletes and led by Bath-based number one bobsleigh pilot Bradley Hall, finished sixth in the overall world...

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Support sought for group aiming to bridge digital divide made worse by Covid

January 13, 2021
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Support sought for group aiming to bridge digital divide made worse by Covid

Bath area firms are being urged to join a scheme that aims to bridge a digital divide made worse by the Covid-19 pandemic by refurbishing laptops and donating them to disadvantaged families. Wiltshire Digital Drive was launched last year by a group of businesses in Bath and West Wiltshire working on a pro bono...

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Bath Unlimited campaign extended to showcase 21 businesses putting city on the global map in 2021

January 8, 2021
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Bath Unlimited campaign extended to showcase 21 businesses putting city on the global map in 2021

Twenty-one firms that represent Bath’s innovative business culture and talented workforce will be highlighted this year as the city’s Bath Unlimited campaign is stepped up. Bath Unlimited was launched last October to support the city’s Invest in Bath inward investment arm in attracting businesses to the area by celebrating some of its dynamic, successful,...

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