Finance

Pearson May weekly financial round-up

November 9, 2017
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Pearson May weekly financial round-up

Each week Bath Business News and Pearson May bring you the top national finance stories. Autumn Budget predictions We take a look at what might be in the chancellor’s red briefcase on Autumn Budget day. Read what could happen here Completing your self-assessment tax return How to finish your tax return and pay your...

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Pair of Bath area entrepreneurs on list of UK’s high-growth innovators

November 9, 2017
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Pair of Bath area entrepreneurs on list of UK’s high-growth innovators

Two influential business figures from the Bath area have been included on a list of 100 UK organisations and their leaders that demonstrate excellence through growth, innovation and purpose. The pair – Dave Broadway, CEO of CFH Docmail, and Julia Davenport, founder and chief executive of Good Energy – are part of the second...

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Growth for EY’s South West office as investment continues in its regional leadership team

November 6, 2017
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Growth for EY’s South West office as investment continues in its regional leadership team

Accountancy group EY has said its South West and South Wales practice grew strongly in the year to the end of June, including an 11% expansion of its regional financial services team. Nationally fee income across the firm, one of the so-called Big Four accountants, grew by 9.2% to £2.35b, up from £2.15b in...

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Bank of England’s interest rate rise ‘cautious and timely’ but more increases could hit businesses

November 2, 2017
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Bank of England’s interest rate rise ‘cautious and timely’ but more increases could hit businesses

West of England business figures have said the Bank of England’s decision to raise interest rates from 0.25% to 0.5% should have little impact on the region – but warned that further increases could hit confidence and slow the economy. The Bank’s rate-setting monetary policy committee (MPC) voted in favour of the increase by...

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Region will weather economic headwinds if civic leaders work together, says Business West

October 27, 2017
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Region will weather economic headwinds if civic leaders work together, says Business West

Bath and the West of England have a great opportunity to overcome any looming economic challenges so long as its civic leaders work together, according to the region’s largest business group. West of England Metro Mayor Tim Bowles and Marvin Rees, the Mayor of Bristol, need to ensure that the city-region remains a great...

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New owners of historic Bath laundry business promise bright future following buy out

October 27, 2017
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New owners of historic Bath laundry business promise bright future following buy out

Historic Bath firm Regency Laundry, which has worked with some of the area’s top hotels for more than 125 years, has been sold by its owners. The management buy-in (MBI) has transferred ownership of the business from its shareholders – who were not involved in the day-to-day running of the firm – to Julian...

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Finance deal triggers move to Bristol for Bath cloud computing specialist

October 27, 2017
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Finance deal triggers move to Bristol for Bath cloud computing specialist

Bath-based cloud computing firm Eduserv is relocating to Bristol after securing a seven-figure funding deal from the Royal Bank of Scotland. The firm, which employs 130 staff and has a turnover of £15m, has used the secured loan facilities to buy new offices in Portwall Lane, the former Open University base in Bristol. Eduserv...

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The Prince’s Trust hopes to draw on art lovers’ generosity at special Bath dinner

October 26, 2017
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The Prince’s Trust hopes to draw on art lovers’ generosity at special Bath dinner

Exclusive artwork donated by artists such as Sir Peter Blake and Wallace & Gromit creator Nick Park are to be auctioned at a special fundraising dinner in Bath to support disadvantaged young people in the city and across the South West.   The event on November 30 is hosted by The Prince’s Trust and...

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Grant Thornton’s South West employment taxes team takes on new senior manager

October 26, 2017
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Grant Thornton’s South West employment taxes team takes on new senior manager

Accountancy group Grant Thornton has appointed Matt Parfitt to lead the growing employment taxes team in its regional office.  Matt, pictured, brings a wide range of commercial and technical experience and is a regular contributor to leading tax publications.  He joins as senior manager after three years at Swindon-based Nationwide Building Society, where he...

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KPMG hails further investment in talent by promoting 50 South West-based staff

October 26, 2017
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KPMG hails further investment in talent by promoting 50 South West-based staff

Global accountancy group KPMG has made 50 promotions in its South West team – including the appointment of one partner and six directors – in a move it says signals its commitment to investing in talent.  Regional head of restructuring David Pike becomes a partner after 18 years with the firm. David, pictured right,...

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