Finance

Pearson May financial round up

July 27, 2023
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Pearson May financial round up

Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. Government proposes merging R&D tax relief schemes Changes would present opportunities for tax simplification. Click here for more information Service levels undermining HMRC charter commitments HMRC scores 2.3 out of 10 for responsiveness. Find out more here

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Mentoring day staged by Novia shows girls they can carve out a career in fintech

July 25, 2023
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Mentoring day staged by Novia shows girls they can carve out a career in fintech

Bath-based financial services firm Novia has hosted a mentoring day aimed at encouraging more girls to explore job opportunities in fintech ahead of considering their career paths. The firm teamed up with Ablaze, an independent Bristol-based charity tackling inequality of opportunity for young people in the South West, to stage the event for a...

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Half marathon organisers call on firms to step up and enter its corporate team challenge

July 25, 2023
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Half marathon organisers call on firms to step up and enter its corporate team challenge

Bath area businesses are being urged to enter teams for a half marathon in September to help raise funds for a range of charities. More than 500 people have already signed up for this year’s Chippenham Half Marathon, with hundreds more expected to register over the coming weeks. But its organisers are keen to...

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Items worth £120,000 a year gifted by furniture retailer to charity supporting hard-hit households

July 21, 2023
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Items worth £120,000 a year gifted by furniture retailer to charity supporting hard-hit households

Online retailer Furniturebox has become a major supporter of a charity that helps households hit by the cost of living crisis save money on reused sofas, cookers and fridges. The Chippenham-based firm gifts £120,000 worth of returned items each year to furniture and white goods charity KFR, which has seen a 25% rise in...

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New South West broker manager boosts Time Finance’s asset finance offering

July 20, 2023
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New South West broker manager boosts Time Finance’s asset finance offering

Time Finance, the Bath-headquartered alternative lender, has strengthened its hard and soft asset finance offering across the South West with the appointment of Ollie Cole as broker manager. Ollie, pictured, brings more than a decade of experience in the finance industry, most recently as business development associate at West Midlands-based Paragon Banking Group. Having...

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Economic uncertainty and lower consumer spending blamed for big rise in profit warnings

July 20, 2023
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Economic uncertainty and lower consumer spending blamed for big rise in profit warnings

Profit warnings from South West companies listed on the London Stock Exchange soared by 66% in the first half of this year as the cost of living crisis hit consumers. According to new research by international accountancy group EY, 15 warnings were issued by quoted firms in the region during the six months –...

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Pearson May financial round up

July 20, 2023
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Pearson May financial round up

Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. Taxpayer satisfaction with HMRC services falls Four-in-10 taxpayers unable to speak to adviser over the phone Click here for more information HMRC has ‘enormous amount of work’ to deliver MTD on time Accountants call for ‘fresh thinking’ on Making...

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Record annual lending by region’s alternative funder creates or safeguards nearly 1,500 jobs

July 20, 2023
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Record annual lending by region’s alternative funder creates or safeguards nearly 1,500 jobs

Regional alternative finance lender South West Investment Group (SWIG) lent a record £14m to ambitious small and medium-sized businesses across the region in the past year, new figures show. The non-profit group, which supports viable businesses that cannot secure sufficient funding from their bank, provided 559 loans to 478 start-ups and growing firms in...

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South West firms receive £40m in six months from BGF as region proves fertile ground for investment

July 14, 2023
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South West firms receive £40m in six months from BGF as region proves fertile ground for investment

Growth capital investment group BGF’s South West team backed fast-growth businesses to the tune of £40m during the first half of this year as the region continued to provide fresh opportunities for funding. Capital investments were made across a diverse range of sectors including technology, healthcare, engineering and manufacturing. Among the deals were Bristol-based healthcare...

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Pearson May financial round up

July 13, 2023
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Pearson May financial round up

Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. R&D tax relief crackdown allegedly deterring genuine claims Valid claims are apparently being rejected by HMRC. Click here for more information Chancellor aims to boost pension funds by £1,000 a year Announcement part of wider pension reforms. Find out...

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