Finance

Shake up at former Helphire group Redde shifts up a gear with £43.2m acquisition

August 21, 2015
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Shake up at former Helphire group Redde shifts up a gear with £43.2m acquisition

Bath-based accident management and specialist legal services group Redde has taken over a rival for £43.2m as it continues its major restructuring. Redde – known until last year as Helphire – said the acquisition of Huddersfield-headquartered FMG would broaden its accident and fleet management capabilities and allow it to enter additional industry sectors. It...

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Poland visit will offer valuable business connections in Central and Eastern Europe for rookie exporters

August 21, 2015
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Poland visit will offer valuable business connections in Central and Eastern Europe for rookie exporters

First-time exporters from the Bath area are being invited to explore opportunities in the fast-growing Central and Eastern Europe markets by taking part in a trade mission to Poland in October. The trip to Warsaw between October 6 and 8 is dedicated to building connections and learning on how to sell goods and services...

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Wealth management firm in running for top industry award

August 21, 2015
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Wealth management firm in running for top industry award

Bath-based Epoch Wealth Management has been shortlisted for the title of Tax and Estate Planner of the Year in a prestigious sector-focused national award scheme. The firm, a fast-growing provider of specialist investment and tax planning services, is one of just eight finalists competing for the accolade in the 2015 Investment Life & Pensions...

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Old Mill team’s 300-mile cycle challenge bags £8,000 for global education charity

August 21, 2015
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Old Mill team’s 300-mile cycle challenge bags £8,000 for global education charity

Staff from West of England accountancy firm Old Mill have taken part in a 300-mile cycle ride from Paris to Somerset to raise nearly £8,000 for charity School in a Bag. Thirteen staff made the gruelling trek which started under the Eiffel Tower and ended at Old Mill’s Yeovil office four days later. The...

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More funding secured by Good Energy to power growth of its solar farms

August 14, 2015
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More funding secured by Good Energy to power growth of its solar farms

Renewable electricity firm Good Energy has arranged an extra £8.5m in funding to continue its expansion. The Chippenham-based firm, which is based on the London Stock Exchange’s AIM market, will use the additional funding to develop more solar farms as well as growing its customer base. It has already drawn down £4m of the...

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CBI calls for action after survey shows South West firms being held back by skills shortage

August 6, 2015
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CBI calls for action after survey shows South West firms being held back by skills shortage

More than half the businesses in the South West fear they will not be able to recruit enough high-skilled workers for their future success, according to an alarming new report. The annual CBI/Pearson Education and Skills Survey – which gauged the views of 101 firms across the region – found that 68% say they...

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Upbeat West firms looking to recruit more staff as growth prospects increase

July 31, 2015
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Upbeat West firms looking to recruit more staff as growth prospects increase

More than two thirds of small and medium-sized in the South West expect to take on more staff over the next 12 months – more than any other UK region – according to a new survey. Some 59% of firms in the region also believe that permanent, skilled staff will benefit the growth of...

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New accountancy body president calls for end to brain drain to London

July 31, 2015
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New accountancy body president calls for end to brain drain to London

Stopping the brain drain of young talent from the West of England to London is among the priorities of the newly appointed regional president of ICAEW, the professional organisation for chartered accountants. Rick Sturge, pictured, has said he will work closely with regional members of ICAEW during his 12 months in office to raise the...

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1pm in line for further expansion after making first acquisition

July 29, 2015
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1pm in line for further expansion after making first acquisition

1pm, the fast-growing Bath-based specialist lender, has made its first acquisition with the takeover of a firm providing equipment finance and broking. 1pm, which last Friday announced it was seeking bolt-ons to continue its rapid expansion, this week said it was paying up to £12m in cash for MHH Holdings, a Lancashire-based group which...

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Trade minister praises West of England’s strength in attracting inward investment

July 24, 2015
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Trade minister praises West of England’s strength in attracting inward investment

The West of England’s ambitions to attract more inward investment and boost its level of exports were highlighted this week with the visit of trade and investment minister Lord Francis Maude. Lord Maude met a cross section of small and medium-sized firms and recent investors in the area along with representatives from engineering giant...

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