Finance

West of England inward investment agency’s 500-plus job creation tally in first year of business

May 5, 2014
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West of England inward investment agency’s 500-plus job creation tally in first year of business

Invest Bristol & Bath, the inward investment body for the West of England, has helped 30 companies locate or expand in the area in its first year of operation. These businesses, from a mix of sectors including creative, low carbon, hi-tech, and advanced engineering and aerospace, have the potential to create more than 530...

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Business owners join shortlist in competing for acclaimed UK entrepreneur awards

May 1, 2014
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Two entrepreneurs from the Bath area have been shortlisted in one of the UK’s most prestigious awards scheme recognising the individuals who are driving business innovation and growth. David Broadway, pictured right, managing director of Radstock-based CFH Docmail, and Terry Hillier, pictured below, owner of RACS Group, a specialist outsourcing firm based at Warminster,...

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Focus on specialist home loan market builds profits and reserves at Bath Building Society

May 1, 2014
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Focus on specialist home loan market builds profits and reserves at Bath Building Society

Bath Building Society has said focusing on specialist parts of the mortgage market helped it boost its profits and increase reserves last year, despite the continuing challenging market conditions. The society’s pre-tax profits rose by 22.9% to £2.8m while its reserves increased by 11.5% to £21m.  Assets rose by 0.95% to £272.5m and its...

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Financial services department added to accountants Monahans’ Bath office

May 1, 2014
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Financial services department added to accountants Monahans’ Bath office

West accountancy firm Monahans is expanding its Bath office to offer financial services, including expert advice in areas such as the new pension rules and automatic enrolment. The launch of the financial services department is the latest development in a programme of organic growth at Monahans, one of the largest accountancy firms in the...

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Law firm takeover helps accelerate Helphire’s recovery

May 1, 2014
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Law firm takeover helps accelerate Helphire’s recovery

Bath-based specialist motor accident-claim handler Helphire today said its recent acquisition of a law firm specialising in road traffic personal injuries had paid off more than it expected. It also said a full-scale shake up of its core business, which plunged into heavy losses two years ago following major changes in its market, had...

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Arrival of new director strengthens Lloyds Bank’s offering to West’s large corporates

May 1, 2014
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Arrival of new director strengthens Lloyds Bank’s offering to West’s large corporates

Lloyds Bank Commercial Banking has bolstered its liquidity advisory team in the South West with the appointment of Jon Szabo as a new director to support the growth ambitions of the region’s large businesses.  Jon, pictured, is one of four new directors to join the now nine-strong team, headed by David Brunton, which provides...

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Govt economic growth figures reflected in Bath with firms now benefiting from ‘firm recovery’

April 29, 2014
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Govt economic growth figures reflected in Bath with firms now benefiting from ‘firm recovery’

The economic recovery is on a “firm footing” and Bath businesses are reaping the benefits, according to Business West, the organisation that runs the city's Chamber of Commerce. Its managing director Phil Smith said Tuesday’s official figures showing the UK economy grew by 0.8% in the first three months of this year were reflected...

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Future looks sweeter for West food and drink firms as survey shows big jump in levels of optimism

April 24, 2014
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Future looks sweeter for West food and drink firms as survey shows big jump in levels of optimism

The West of England’s food and drink businesses are increasingly upbeat about their prospects despite concerns over the price of raw materials and energy and the impact of this winter’s floods. Most also believe that being based in this region is a major plus, according to a new survey. The research by leading business...

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Promotions for two staff at West office of business funder BGF

April 21, 2014
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Promotions for two staff at West office of business funder BGF

BGF, the independent company established to help Britain’s growing businesses, has promoted two members of its West-based investment team. Ned Dorbin has been promoted to investment director and Edwin Davies to investment manager.  The BGF investment team in Bristol, which covers the South West of England and South Wales and is led by regional director...

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Teamwork with Bath PR agency DWP helps its client land coveted industry award

April 17, 2014
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Teamwork with Bath PR agency DWP helps its client land coveted industry award

Bath PR firm DWP Public Relations is celebrating helping client Clifton Asset Management win a prestigious industry award. DWP handled the recent national PR launch of the ground-breaking business funding portal alternativebusinessfunding.co.uk – the brainchild of Bristol-based Clifton’s chairman Adam Tavener.  Clifton was presented with the Business Moneyfacts Best Alternative Funding Provider 2014 award...

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