Monahans, the South West’s largest independent accountancy firm, has appointed a new director and is taking on a second as it prepares for further growth this year along with the relocation and expansion of one of its eight offices. Becky Young, pictured, who re-joined the firm last year as a senior client portfolio manager,...
South West accountancy and finance group Old Mill is continuing its drive to become the fastest-growing practice in the region with the appointment of highly experienced tax specialist David Gage as partner and head of VAT. David, pictured, - who joins from Evelyn Partners’ Bristol office, where he was director of VAT – has joined Old Mill...
The Treasury has confirmed that Making Tax Digital for Income Tax Self-Assessment (MTD for ITSA) will be delayed by a further two years until April 2026, writes Pearson May partner Matthew Rutter. It will now be introduced in phases from 6 April 2026, rather than 6 April 2024. The original start date for MTD...
Accountancy giant EY is to open a business research innovation technology and engineering (BRiTE) hub in the South West to help boost the region’s fast-growing FinTech sector. The hub aims to ramp up capabilities in financial services design, data analytics and engineering and create practical and tangible solutions to some of the big challenges...
Confidence among South West businesses continued to rise in December after a surprise recovery the previous month – with firms ending the year in a rare upbeat mood. The latest monthly Business Barometer from Lloyds Bank Commercial Banking reveals firms reported higher confidence in their own business prospects month-on-month, up 15 percentage points at 34%. Taken alongside their optimism in the economy, up 10...
Bath Building Society has promoted its head of business change Steve Burnard to the new role of chief transformation officer as it enters its busiest period of change in its 119-year history. The society, which has more than 20,000 savers and 1,200 mortgage customers, said its focus this year would on digital transformation. Steve,...
Each week Bath accountancy firm Pearson May and Bath Business News team up to bring you the top national finance stories. More than 3,000 tax returns filed on Christmas Day 22,000-plus self-assessments were submitted between 24 and 26 December. Click here to read more Slow retail growth expected for 2023 The number of shop closures hits a five-year high. Read...
FinTech West, the advisory body for the region’s burgeoning financial technology industry, has appointed two new members to its advisory board in a move to help mobilise more firms in the sector in the South West. The appointments of PwC director Katharine Adlard and NatWest senior relationship manager Louis Spencer, pictured, will enable FinTech West to...
The British Business Bank, the government’s economic development funder, has appointed former professional rugby player Edward Tellwright as a senior manager covering the South West. Edward, pictured, brings many years’ experience of working with smaller businesses in the region to access finance outside of his playing career with Sale Sharks, Rotherham and Jersey. He started...
The boss of the South West’s largest business group has urged firms to ‘stay positive’ this year in the face of huge challenges. Phil Smith, managing director of Business West – which runs Bath Chamber of Commerce – also said companies could benefit in 2023 by being based in an innovative region at the...
