Finance

Continued strong growth forecast for region’s FinTech sector in major new report

October 20, 2023
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Continued strong growth forecast for region’s FinTech sector in major new report

The FinTech sector in the South West contributes more than £1bn to the regional economy annually and supports a workforce of nearly 19,000 in more than 190 firms, according to new analysis. The report published by Whitecap Consulting, the regional strategy consultancy with a base in Bristol, reveals the South West’s core FinTech strengths...

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Pearson May financial update

October 19, 2023
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Pearson May financial update

Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. 12m self-assessment customers at risk of scams HMRC warns customers to be cautious. Click here for more information. Mileage rates leave workers out of pocket, warns ATT HMRC rates will reimburse employees for business travel. Find out...

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Wealth management professional with global experience joins Old Mill to boost its offering

October 19, 2023
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Wealth management professional with global experience joins Old Mill to boost its offering

Financial Planner and digital advice specialist Hugh Johnson has been appointed to the wealth management team of South West accountancy and finance group Old Mill. Hugh, pictured, joins Old Mill, which has offices in Chippenham, Wells, Yeovil and Exeter, from tax, wealth and estates planners Fry Group, where he was global head of operations responsible for integrating the firm’s...

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Provisions of £11.7m announced by Novia to cover compensation over some of its investments

October 16, 2023
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Provisions of £11.7m announced by Novia to cover compensation over some of its investments

Bath-based financial services platform Novia has set aside millions of pounds to cover potential compensation claims over ‘legacy investments’. The provisions have been revealed after Novia found potential liabilities in some investments held on its platform. Novia was launched in Bath in 2008 and became one of the UK’s leading wealth management platforms capable...

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Signs that optimism could be returning as resilient firms face up to ongoing economic uncertainty

October 13, 2023
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Signs that optimism could be returning as resilient firms face up to ongoing economic uncertainty

Falling inflation has sparked higher business confidence among bosses of firms across the West of England – but most are still gloomy about the UK’s economic prospects. Labour costs also remain a challenge along with problems in recruiting the best people as the skills shortage continues to hit firms in all sectors. The mixed...

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Pearson May financial update

October 12, 2023
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Pearson May financial update

Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. 250,000 file self-assessment in first week Figures mark a 100,000 increase in early filing since 2018. Click here for more information. Treasury task force details carbon company cuts New net zero measures are designed to follow ISSB standards. Find...

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Sponsored: A taste of things to come. New Taste of Bath director appointment opens exciting new era

October 12, 2023
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Sponsored: A taste of things to come. New Taste of Bath director appointment opens exciting new era

Taste of Bath is absolutely delighted to welcome long-standing employee Jo Cox as a new company director as part of an exciting new operational and strategic phase for the business.  In the role of operations director, Jo, pictured, right, now owns 33.33% of the business, while Helen Rich, pictured, left, as founder and managing director,...

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Bath Rugby Foundation kicks off major business sponsorship drive as it signs up its 50th backer

October 12, 2023
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Bath Rugby Foundation kicks off major business sponsorship drive as it signs up its 50th backer

A major campaign has been launched by Bath Rugby Foundation to sign up 100 business and individual sponsors to support its life-changing work with young people. Each year the foundation, Bath Rugby’s charitable arm, helps around 3,000 vulnerable youngsters to succeed through inspiring programmes that focus on health, education and employability. The charity has...

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Pearson May Financial Update: Do you need to tell the taxman about any undeclared income

October 12, 2023
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Pearson May Financial Update: Do you need to tell the taxman about any undeclared income

If you are in receipt of income from any source, which you have not previously told HM Revenue & Customs (HMRC) about, then it is important that you tell them before they get to you, writes Pearson May partner Jacqui Bowden.  If you don’t make a voluntary disclosure now and HMRC writeS to you first,...

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Chance for firms to have their say on the future skills that will be needed across the region

October 5, 2023
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Chance for firms to have their say on the future skills that will be needed across the region

Bath area businesses are being urged to share their views on the skills needed by their industry to help build a stronger economy for the West of England. Business West, the organisation behind Bath Chamber of Commerce, will use the feedback from firms to draw up its Local Skills Improvement Plans (LSIPs). Over the...

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