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...
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...
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 –...
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...
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...
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...
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...
South West accountancy and finance group Old Mill has appointed its first chief operating officer as it looks to speed up its already rapid growth while also developing its operational infrastructure. Adil Taha, pictured, joins as the firm, which has offices in Chippenham, Wells, Yeovil and Exeter, as it nears the halfway point of its...
Small and medium-sized firms in Bath with growth potential can apply to a new £200m fund aimed at boosting innovation and prosperity across the South West. Launched by the British Business Bank yesterday, the South West Investment Fund (SWIF) will increase the supply and diversity of early-stage finance for new and growing smaller firms....
Workforce issues, including pressure to increase wages, remain the biggest headache for business based in Bath and across the West of England, with many raising their prices to fund pay awards. Combined with wider concerns over inflation, this has led to a slump in confidence – with levels now lower than they were immediately...
