Finance

Pair of new arrivals at Time Finance as lender bolsters its relationships with clients

June 9, 2023
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time-finance

Time Finance, the Bath-headquartered alternative lender, has made two more key appointments, with a new relationship manager and asset manager joining its team. Ian Shaw arrives as relationship manager with a wealth of experience in the banking and finance industry while asset manager Matthew Ridgley joins with 17 years’ experience in the industry.  Ian, pictured...

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Pearson May financial round up

June 9, 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. Employee share schemes under review The government aims to simplify employee reward system. Click here for more information FSB urges summer support for tourism sector Recommendations come after predicted boom in ‘staycations’. Find out more here

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Festival of Sustainable Business Exhibition returns to guide firms on their environmental journey

June 8, 2023
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Festival of Sustainable Business Exhibition returns to guide firms on their environmental journey

Bath area firms will be able to access the latest advice and guidance to enable them to become sustainable when the region’s largest annual environmental exhibition returns next week. Staged by Bristol specialist business hub Future Leap at the city’s Paintworks creative hub on Bath Road, the Festival of Sustainable Business Exhibition next Thursday, 15...

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Surveys point to weak business confidence as South West firms remain gloomiest in the UK

June 2, 2023
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Surveys point to weak business confidence as South West firms remain gloomiest in the UK

Confidence among South West firms remains the most fragile of any UK region, according to two new surveys, with weak economic growth and skills shortages among the biggest challenges. Business optimism in the region fell six percentage points during May according to the latest Business Barometer from Lloyds Bank Commercial Banking. Firms also reported...

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Engineering firm targeting growth after Time Finance steps in with asset-based lending deal

June 1, 2023
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Engineering firm targeting growth after Time Finance steps in with asset-based lending deal

Bath-headquartered alternative lender Time Finance has said that a £1.1m asset-based lending (ABL) facility it arranged for an expanding structural steel engineering firm proves how effective such deals can be. The unnamed firm, based in the South East, was introduced to Time Finance by its financial consultant, Kent-based Open InVoice Finance, which had been brought...

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Pearson May financial round up

June 1, 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. Self-assessment threshold increases to £150,000  Fewer PAYE taxpayers will submit returns in 2023/24. Click here for more information Access to finance limited for SMEs Low awareness and high borrowing costs limit growth. Find out more here  

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Ambitious Old Mill makes two more partner appointments as it targets further growth

June 1, 2023
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Ambitious Old Mill makes two more partner appointments as it targets further growth

Two new partners have been appointed by South West accountancy and finance group Old Mill following a restructuring that enables faster career progression as it continues with its ambitious growth strategy. Chartered accountant Jamie Rudge and compliance director Duncan Parkes are both now technical partners in the compliance team at the firm, which has offices...

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Live webinar: Power to your Business – What you should know as you switch to solar

May 30, 2023
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Live webinar: Power to your Business – What you should know as you switch to solar

On-site renewable energy generation is helping thousands of businesses to reduce costs, become more sustainable and gain long term energy security. If you’re considering solar power but are not sure where to start, this free breakfast webinar is a chance to hear from those who have already made the switch and get your questions...

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Cheese and cream exporter’s sales soar after it lands grants to support its production line upgrade

May 26, 2023
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Cheese and cream exporter’s sales soar after it lands grants to support its production line upgrade

Dairy company Coombe Castle has scaled up its operations to meet continued global demand for its cheese and clotted cream after being awarded a series of grants. The firm, based in Melksham, exports across the globe, including to Japan, Canada, the US and Hong Kong.  Following bespoke support from membership team at Business West,...

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Good-looking future for Bath-based men’s skincare brand after it signs new finance deal

May 26, 2023
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Good-looking future for Bath-based men’s skincare brand after it signs new finance deal

Fast-growing Bath-based men’s cosmetics firm Shakeup, already the UK’s fastest-growing male skincare brand, is aiming for further expansion after securing a six-figure credit line. The working capital agreement with regional alternative finance lender SWIG Finance has enabled Shakeup to place significant orders with its manufacturers to meet growing product demand.  It has also allowed...

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