Chancellor Philip Hammond’s Spring Statement was overshadowed by Brexit when it should have helped shape long-term economic needs, Business West, the region’s largest business group, said today. The organisation, which runs Bath Chamber of Commerce and the Bath & North East Somerset Initiative, has become increasingly alarmed at the impact the political scrabbling over...
The CBI said Chancellor Philip Hammond made an admirable attempt to set out a long-term vision for the UK economy in his Spring Statement against a hugely uncertain political backdrop. But the pro-Europe business organisation – which is strongly opposed to a no-deal departure from the EU – said he remained “shackled by Brexit”....
Chancellor Philip Hammond got to his feet at 12.43pm today to deliver his Spring Statement. But against the backdrop of Brexit turmoil, few commentators expected it to contain much that will be significant. Growth will be 1.2% this year (compared to 1.6% in last October’s Budget), 1.4% in 2020 and 1.6% in each of...
Spring is here and it’s an excellent time to ‘spring clean’ your tax affairs, making the most of opportunities to maximise your income and minimise your tax. Some tax planning may require action to be taken before April 5. Pearson May partner Jacqui Bowden highlights a few of these here: Gift Aid Payments: Don’t...
A new finance facility has been secured by Bath-based specialist lender 1pm to provide headroom for more growth and continue to fund its ‘buy-and-build’ acquisition strategy. The firm, which provides finance to growing small and medium-sized firms, has signed the new two-year back-to-back funding facility with NatWest for its invoice finance entities Positive Cashflow...
Energetic staff at insurance company Royal London’s Bath office are limbering up to run the city’s half marathon in aid of the Bath Cancer Unit Support Group (BCUSG). Royal London employees have already raised more than £45,000 for the charity, which provides a range of equipment and facilities for cancer patients at Bath’s Royal...
Each week Bath accountancy firm Pearson May and Bath Business News team up to bring you the top national finance stories. This week we look at . . . The Spring Statement: what to expect Click here to judge whether it will be a Brexit blockbuster or a damp squib? HMRC delays self-assessment penalty...
Pearson May partner Jacqui Bowden here looks at changes in Inheritance Tax brought about by the phasing-in of the Residence Nil Rate Band. Inheritance Tax – The Residence Nil Rate Band The Residence Nil Rate Band first came in to effect on April 6, 2017, and is being phased in gradually so...
The region’s most ethical organisations will be celebrated next month when the South West Fair Trade Business Awards are staged for the seventh year. Tickets are selling fast for the ceremony on March 8, which will be hosted by Countdown presenter Nick Hewer and takes place in Bristol’s magnificent Arnos Vale cemetery heritage site. ...
International accountancy group KPMG has hired Elizabeth Lewis as its first business development associate director for the region. Elizabeth, pictured, joins the regional office in Bristol from recruitment group Michael Page’s base in the city, where she was responsible for business development and recruiting senior finance and human resource professionals across the region. KPMG...
