Finance

South West law firms’ confidence soars despite tougher competition and economic uncertainty

December 18, 2014
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South West law firms’ confidence soars despite tougher competition and economic uncertainty

Confidence among law firms in the South West is at its highest since 2006, according to new research, with a third planning to open new offices next year. However, most also say that competition has got tougher with cashflow management a particular challenge. The snapshot of a sector undergoing fundamental change emerges from the...

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Jobless fall welcomed by Bath Chamber, but it warns of weaknesses in economy

December 18, 2014
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Jobless fall welcomed by Bath Chamber, but it warns of weaknesses in economy

Bath Chamber of Commerce has welcomed the latest decrease in unemployment but warned that “fundamental weaknesses” remain in the economy which threaten to hold back recovery. Figures from the Office for National Statistics (ONS) published on Wednesday show unemployment across the South West fell by 2,000 between August and October, taking the region’s jobless...

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Specialist funder 1pm clocks up record growth as small firms fuel demand for loans

December 15, 2014
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Specialist funder 1pm clocks up record growth as small firms fuel demand for loans

1pm, the Bath-based lender to small and medium-sized firms, is on target for another record financial performance as demand for its loans continues to grow. In a trading update released to the London Stock Exchange, the firm said it had written new business worth more than £6.8m in the six months to November 30...

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Bath advisers put high-quality aggregate firm on road to successful deal with UK quarrying giant

December 12, 2014
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Bath advisers put high-quality aggregate firm on road to successful deal with UK quarrying giant

The corporate team at Bath law firm Withy King has advised the shareholders of Bradford-on-Avon based PSV (UK) on its sale to Breedon Aggregates, the UK’s largest independent aggregates business. Withy King helped to negotiate the deal on behalf of shareholders Glyn Woolley and Ed Reed. PSV (UK) owned the sole and exclusive rights...

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Increase in lending leads to six new jobs at Bibby Financial Services

December 12, 2014
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Increase in lending leads to six new jobs at Bibby Financial Services

Bibby Financial Services, the UK’s largest independent invoice finance provider, has boosted its South West sales and operations teams with the appointment of six new staff. The new recruits include four business development managers, a head of operations and a relationship manager. They will be based in its Bristol office and cover a region...

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Six more staff add strength in depth to fast-growing Epoch Wealth Management

December 12, 2014
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Six more staff add strength in depth to fast-growing Epoch Wealth Management

Bath-based Epoch Wealth Management has appointed six new staff as it expands its support team to help manage growing client demand for its specialist financial planning services. Tom King, Gemma Honeybun, Roman Moore, Lesley Kondratowicz and Jaime Long will support the senior team at Epoch, which has also appointed experienced independent financial adviser Ed...

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HMRC targets solicitors to get their tax payments in order

December 10, 2014
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HMRC targets solicitors to get their tax payments in order

Solicitors in Bath are being urged by HM Revenue and Customs (HMRC) to bring their tax affairs up to date or face tougher penalties. A new UK-wide tax scheme, the Solicitors’ Tax Campaign, is the latest voluntary disclosure opportunity from HMRC that gives specific groups of taxpayers the chance to get their tax affairs...

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Coveted West of England Business of the Year Awards launched to find region’s top company

December 8, 2014
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Coveted West of England Business of the Year Awards launched to find region’s top company

The annual search for the region’s best companies has started with the launch of accountants PwC’s widely-respected West of England Business of the Year Awards 2015. Now in their 27th year, the eagerly-contested awards are the most prestigious in the region by far – previous winners read like a who’s who of the West’s...

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New business development manager to drive further growth in South West for Grant Thornton

December 8, 2014
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New business development manager to drive further growth in South West for Grant Thornton

Accountancy firm Grant Thornton has appointed Adina Watt as business development manager for the South West. Adina, pictured, moves to the region from the North West where she was the firm’s business development manager in its Manchester and Liverpool offices. Prior to joining Grant Thornton she held the same position at one of Manchester’s...

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UK fast-growth league table debut for Bath superfoods firm

December 4, 2014
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UK fast-growth league table debut for Bath superfoods firm

Bath-based health food wholesaler Supernutrients has leapt into a widely-respected league table of the country’s fastest-growing private businesses. The family-owned firm, formed in 2006 and based at South Stoke, is one of Europe’s largest importers and wholesalers of superfoods such as Goji berries, coconut oil and wheatgrass. Its 89% average annual sales growth over...

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