Regional alternative finance lender South West Investment Group (SWIG) has made two appointments to its growing team while also saying farewell to Brian Steer, one of its longest-standing employees, who has retired. Nicki Kimberley has joined as start-up loans officer, a role that involves supporting applicants to the Start Up Loans scheme and helping...
Since the Budget in March, businesses have seen a stream of different support schemes and policies announced to help them manage the financial impacts of the coronavirus lockdown, writes Pearson May partner Matthew Rutter. When Chancellor Rishi Sunak stood in the House of Commons again on July 8, it was in the context of...
1pm, the Bath-based specialist small business lender, has stepped in to support a tyre recycling firm with a £100,000 facility under the government-backed coronavirus loan initiative. The financial support for AC Tyres, which offers sustainable tyre disposal services across the UK, is the latest loan arranged by 1pm under the Coronavirus Business Interruption Loan...
Most firms in the South West remain cautious about their prospects as the coronavirus lockdown eases, according to the results of three business surveys released this week – but the region’s small manufacturers appear to be leading the bounce back. The surveys paint a mixed picture of the outlook over the next few months,...
Bath’s investment-hungry tech start-ups can find out how to get the attention of potential funders in a webinar featuring experts from the city next week. Staged by Bristol-based tech investment bank ICON Corporate Finance in association with Bristol-headquartered national law firm Burges Salmon, the free event aims to show how fledgling tech firms can...
Three Bath law firms and some of their top performers have been ranked among the best in the South West for their work with private wealth clients. The latest edition of the High Net Worth Guide from Chambers, the legal directory publisher, names Royds Withy King, Mogers Drewett and Stone King as the three...
Somerset-based fashion label Mulberry has appointed a digital media agency specialising in major luxury brands to target wealthy Chinese consumers. The firm, best known for its upscale leather bags, said ForwardPMX would spearhead brand awareness by using hugely popular Chinese social media platforms such as Weibo and WeChat. Founded in 1971 by Somerset-born designer...
Changes to legislation that will mean individuals can have their Wills witnessed via video links have been welcomed by Bath-headquartered law firm Royds Withy King, which has been using WhatsApp to liaise with clients in this way during lockdown. The government this week said that it will introduce a retrospective law to reassure thousands...
Each week Bath accountancy firm Pearson May and Bath Business News team up to bring you the top national finance stories. Understanding termination payments How payments for redundancy are taxed. Read the guide here Is buy-to-let as attractive as it once was? Weighing up the effects of landlord tax changes. Click here to find out more
The coronavirus pandemic has pushed up the number of profit warnings issued by South West listed businesses to a 20-year high, with those in the travel and leisure sector hardest hit. According to new figures from accountancy group EY, profit warnings soared by 73% year-on-year in the first half of 2020 to 26 – with 85%...
