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...
Redde Northgate, the mobility and automotive services group that includes Bath-based specialist vehicle accident management firm Redde, have accelerated into record territory, driven by a spate of new contract wins and acquisitions. Pre-tax profits for the year to the end of April came in at a new high for at the group of £178.7m, a 34.7%...
Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. SMEs responsible for 56% of tax gap Tax gap rises by 5% to £36bn. Click here for more information HMRC raises late payment interest rates Interest on tax debt rises to 7.5%. Find out more here
Five senior executives from Bath-based financial services firm Novia Group are hoping to bring in £25,000 for charity by taking on the Three Peaks Challenge later this month. Taking part on 29 July will be CEO Patrick Mill, chief people officer Vicki Baker, chief risk officer Tom Dudley, chief customer officer Lucy Bristow and Robert...
The tax benefits of making pension contributions can be significant and with the announcements in the Budget earlier this year which increased the annual allowance and abolished the lifetime allowance, it is more important than ever to make sure you are making as much use of your allowances as possible, writes Pearson May partner Jacqui...
Three businesses from the Bath area have been named among Britain’s fastest-growing small private companies. The trio – Bath jewellery and accessories retailer Abbott Lyon, specialist digital advertising agency Network N, also based in Bath, and Chippenham-headquartered online retailer Furniturebox – appear in the latest annual ranking of rapid-growth firms with revenues of less...
Experienced tax adviser Kim Farmerey has joined regional accountancy firm Milsted Langdon as a senior tax manager. Kim, is a Chartered Tax Adviser with more than 20 years’ experience in the industry, including working at two of the UK’s Big Four accounting firms. She has a broad spectrum of clients, including sole traders, landlords,...
A lack of interest among the West of England’s politicians in its tech sector, despite its strength, is holding it back compared to other regions, according to a major new report. At the same time, the government’s ‘levelling-up’ agenda is steering funding towards parts of the country with strong and supportive political leadership. As...
