Finance

Business saver account launched for firms looking to invest in positive social value in the region

April 5, 2024
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Business saver account launched for firms looking to invest in positive social value in the region

Bath firms are now able to put surplus funds into a specialist savings account while also supporting a regional organisation that gives access to affordable loans to individuals at risk of financial exclusion. Great Western Credit Union’s (GWCU) Business Saver is aimed at businesses that are looking to earn monthly interest at a competitive...

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UK’s economic outlook worsening, say region’s firms, despite most expecting higher sales this year

April 4, 2024
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UK’s economic outlook worsening, say region’s firms, despite most expecting higher sales this year

Confidence in the UK’s economic prospects among West of England bosses has continued to fall despite most expecting their own business to prosper this year. The latest Quarterly Economic Survey (QES) from Business West, the organisation behind Bath Chamber of Commerce, shows just 16% of firms in the region think the economy will improve over...

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Pearson May financial update

April 4, 2024
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Pearson May financial update

Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. HMRC introduces digital authentication system Digital doorway introduced for new individual taxpayers. Click here to find out more   Stealth tax freeze threatens income of pensioners 1.6m additional retirees dragged into Income Tax levy. For more details, click here  

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Funding boost for Time Finance as lenders extend its facilities to more than £200m

April 3, 2024
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Funding boost for Time Finance as lenders extend its facilities to more than £200m

Time Finance, the Bath-headquartered alternative finance lender, is to boost its backing for small, expanding businesses following a major increase in its own funding. The group, which specialises in asset, loan and invoice finance products, now has total facilities worth more than £200m after finalising agreements with its funding partners. These include the British...

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FCA approves Swedish firm’s stake in Bath finance firm, triggering ambitious five-year growth plan

April 3, 2024
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FCA approves Swedish firm’s stake in Bath finance firm, triggering ambitious five-year growth plan

Bath-headquartered financial advice business Fidelius Group aims to double in size over the next five years following approval of an investment in it by a major Swedish wealth manager. The Financial Conduct Authority (FCA) has cleared Sӧderberg & Partners’ acquisition of a significant minority stake in the firm – giving it the green light...

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Bright sparks of Bath’s tech cluster invited to enter sector’s most-coveted awards

March 22, 2024
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Bright sparks of Bath’s tech cluster invited to enter sector’s most-coveted awards

Nominations have opened for this year’s SPARKies, the pioneering awards that shine a light on the best individuals, products and firms that make up the West of England’s tech sector. Launched in 2012, the annual awards have grown to become the best-respected tech accolades in the region, attracting hundreds of entries from across the...

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Tech and net zero will help drive new sustainable growth blueprint for Western ‘super-region’

March 21, 2024
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Tech and net zero will help drive new sustainable growth blueprint for Western ‘super-region’

Harnessing the potential of the West of England in areas such as cyber, tech and net zero will underpin a new pan-regional plan for sustainable growth to be launched this summer. The economic blueprint will form the basis of a conference led by the Western Gateway, the partnership covering an area stretching from Swindon...

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Pearson May financial round up

March 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 reverses helpline changes Criticism prompts a U-turn in under 24 hours.   Click here to find out more Record 6.7m people in financial difficulty Requests for debt help are increasing. For more details, click here  

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Experienced transaction specialist joins board of Avon Protection as it continues its change strategy

March 21, 2024
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Experienced transaction specialist joins board of Avon Protection as it continues its change strategy

Defence manufacturer Avon Protection has appointed a former head of transaction services at accountancy giant KPMG as an independent non-executive director. Maggie Brereton, pictured, will join the board of the Melksham-based group, which specialises in protective gear, masks and breathing equipment for the military and first-responder markets, on 1 April. Maggie is CEO of...

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Chance for firms to back second annual Pride event after highly successful inaugural year

March 20, 2024
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Chance for firms to back second annual Pride event after highly successful inaugural year

Businesses are being invited to demonstrate their commitment to equality and diversity by supporting one of the area’s largest Pride events.  Taking place on Saturday, 15 June, Chippenham Pride is expected to attract thousands of people.  Renewable electricity firm Good Energy, which employs more than 250 people at its head office in the town,...

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