Finance

Stone King and Money Wise launch legal and financial advisory service for social care users

March 12, 2014
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Stone King and Money Wise launch legal and financial advisory service for social care users

Care Planning Services, a joint venture between Bath law firm Stone King and Money Wise Independent Financial Advisers, which has an office in the city, has been launched. It provides access to a range of legal and financial advisory services designed for individuals and their families who are faced with the consequences of needing...

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Strong recovery in exports from West as euro crisis subsides

March 12, 2014
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Strong recovery in exports from West as euro crisis subsides

Exports by West firms are growing again after going into reverse last autumn in the midst of the euro crisis, new figures show. Total overseas sales shot up by 7.5% to £13.67bn in the year to December 2013 compared to 2012. Exports by value had dropped by 3.3% in the third quarter to £3.32bn,...

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Business formations reach record levels as Bath’s economy bounces back

March 6, 2014
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Business formations reach record levels as Bath’s economy bounces back

The number of business start-ups in Bath reached an all-time high last year despite the slow recovery from recession, new figures show. Some 920 new companies were formed in the BA1 and BA2 postcodes during 2013 – 11% higher than the previous year. In a further sign of growing confidence, net company growth –...

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Expert transatlantic export advice on tap at UKTI event

February 24, 2014
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Expert transatlantic export advice on tap at UKTI event

Bath businesses will next week get a rare chance to meet trade experts from the British Embassies in the US and Canada and explore transatlantic export opportunities on a one-to-one basis. The event, at the Mercure Holland House Hotel in Bristol on Wednesday, March 5, is the latest ‘meet the expert’ event to be...

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Promotion strengthens Monahans’ insolvency and recovery team

February 23, 2014
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Promotion strengthens Monahans’ insolvency and recovery team

Monahans, the west accountancy firm with offices in Bath, Chippenham, Glastonbury and Trowbridge, has promoted Shelly Smith to senior manager in its business recovery and insolvency team. Shelly, pictured, who has more than 18 years’ experience, started her career with Solomon Hare in Bristol before moving on to manage the insolvency team at Robson...

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A chance to tell the Chancellor how he can make running a business less taxing

February 19, 2014
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A chance to tell the Chancellor how he can make running a business less taxing

Bath area firms are being urged to tell the Treasury how it could change the business tax system to make the UK more competitive.  The Office of Tax Simplification (OTS) is seeking ideas for an initial report on tax simplification to be presented ahead of next month’s Budget. Andy Richens, technical tax director at...

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Pressure on interest rates eases as inflation falls below 2%

February 18, 2014
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Pressure on interest rates eases as inflation falls below 2%

Business West, which runs the Bath Chamber of Commerce, has welcomed the fall in inflation to 1.9% – the first time it has been below the important 2% level since 2009. The rate, as measured by the consumer prices index, was down from 2% in December. The surprise fall – most economist expected it...

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Return to the West for HSBC’s new area commercial director

February 17, 2014
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Return to the West for HSBC’s new area commercial director

HSBC has appointed James Jordan as area commercial director for Bath and Bristol with responsibility for supporting businesses turning over between £500,000 and £30m. The appointment marks a return to the region for James, who has spent the past two years as area commercial director for HSBC in Central London. James, pictured, has spent his entire career with HSBC,...

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Management buyout proves ticket to thrive for charity fundraising group

February 12, 2014
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Management buyout proves ticket to thrive for charity fundraising group

Specialist charity fundraising services provider The Woods Group, which works with major organisations such as RSPB, National Trust and Motability, has been bought by its management team. The Chippenham-based firm stages raffles, weekly lotteries, response handling and fulfilment allowing its charity clients to concentrate on core fundraising campaigns. The deal, financial details of which...

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Lloyds strengthens commercial banking team with new appointment

February 12, 2014
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Lloyds strengthens commercial banking team with new appointment

Lloyds Bank Commercial Banking, the division that supports mid-market businesses and large corporates, has further strengthened its West operation with the appointment of Daniel Tregunna as relationship director.  Daniel will be part of the bank’s 25-strong mid-markets team, which supports a wide network of businesses with annual turnover in excess of £25m, providing financial...

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