Bath-headquartered alternative lender Time Finance has appointed two business development managers to its invoice finance team. Tariq Bourdouane and Thomas Ludden have joined as the firm aims to double its invoice finances sales team this year, expanding its presence across the UK. The business has recently welcomed Neil Fullbrook and Casey Baldwin as business development...
In his Budget speech in March, Chancellor Jeremy Hunt kicked off the government’s plan for growth with changes to business tax legislation, a key policy being ‘full expensing’. But what did the Chancellor mean by ‘full expensing’ and how does the policy work? Pearson May partner Matthew Rutter explains. What is full expensing? Under...
Independent regional accounting firm Milsted Langdon, which has one of its five offices in Bath, is celebrating a raft of new promotions as it recognises the talent within its teams. A dozen staff members have been promoted to new roles, including three new directors – Martin Johnson, Lyndsay Hardwick and Ross Jones. Martin, pictured right,...
Two pioneering Bath firms have been named among the country’s 100 fastest-growing businesses. Independent broadband provider Truespeed and Inspecs, the spectacles designer and manufacturer, appear in the latest ORESA Growth Index, which lists the top 100 fastest growing businesses in the UK. The prestigious report analyses the financial performance of more than 32,000 firms...
Good Energy, the 100% renewable electricity provider, has been forced to pay £1.25m after overcharging thousands of its customers on their bills. The Chippenham-headquartered group was found to be in breach of the government’s energy price cap by regulator Ofgem, which said it had overcharged just under 7,000 households a total of £391,650, or...
Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. VAT registration helpline set to close HMRC will prioritise registration applications. Click here for more information Company insolvencies fall in April Figures remain higher than pre-pandemic levels. Find out more here
Regional alternative finance lender South West Investment Group (SWIG) has appointed former mergers & acquisitions partner at global accountancy firm PwC Chris Butters as its first group CEO. Chris, pictured, who has been a non-executive director of SWIG for more than two years, will lead on the organisation’s growth aspirations of SWIG. This will include...
Staff at regional accountancy firm Milsted Langdon have thanked chairman Tim Close for his work as he prepares to hand over to his successor. Experienced partner Simon Rowe is taking over from Tim, pictured, who has held his position within the practice since 2019 and is stepping down to focus on his role as partner...
Time Finance, the Bath-headquartered alternative lender, has proclaimed asset-based lending (ABL) as the future of business finance after setting up its first ABL facility. The firm, which specialises in asset, loan and invoice finance products, said the £1.1m ABL facility with a growing engineering business specialising in steelwork, manufacturing and installation was another milestone...
Novia Financial, the Bath-based financial services platform, has become the first firm of its kind in the city to be accredited by the Good Business Charter (GBC) in recognition of it embedding ethical and responsible business practices. A non-profit initiative of charity the Good Business Foundation, the GBC acts as a benchmark to demonstrate a...
