Finance

Pearson May Financial Update: Increase in National Insurance thresholds

July 10, 2022
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Pearson May Financial Update: Increase in National Insurance thresholds

As we detailed in our article back in April (and following the Spring Statement), changes to National Insurance contributions (NICs) have just come in to effect, writes Pearson May partner Matthew Rutter.   The new NIC thresholds took effect from 6 July. But what does that mean for you? If you are a self-employed worker,...

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Annual profits take a hit at Time Finance as it starts to restructure in face of UK economic slowdown

July 8, 2022
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Annual profits take a hit at Time Finance as it starts to restructure in face of UK economic slowdown

Shares in Bath-headquartered Time Finance were today trading at a near two-year low after it warned of a decline in both its annual profits and revenues. The firm, which specialises in asset, loan and invoice finance products, said its financial outlook at been hit by the UK’s “macro-economic headwinds” while a key part of...

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Chase de Vere financial adviser lands coveted industry award for second time in three years

July 8, 2022
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Chase de Vere financial adviser lands coveted industry award for second time in three years

Rachel Sartin, an Independent Financial Adviser with Chase de Vere based in Bath, has triumped in a major financial services awards scheme for the second time. Rachel, pictured, has been named Financial Adviser of the Year for the South West at the Women in Financial Advice Awards 2022, having previously scooped the title in 2020. ...

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Refurbished office puts Milsted Langdon on a path to a more sustainable and innovative future

July 8, 2022
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Refurbished office puts Milsted Langdon on a path to a more sustainable and innovative future

South West chartered accountancy firm Milsted Langdon has taken a major step towards its ambition of becoming a fully sustainable and innovative business by completing a refurbishment of one of its offices. The transformation of the firm’s Taunton base, its largest, includes a reshaping of the office space to create a more modern work...

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School wear firm ties up its latest acquisition with designs on further growth

July 7, 2022
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School wear firm ties up its latest acquisition with designs on further growth

Leading school uniform firm Banner has acquired a supplier of school ties, bags and accessories in a move that takes it a step further towards its ambition of providing head-to-toe uniforms in sustainable eco fabrics. Trowbridge-based Banner, which employs more than 350 people, is the UK’s largest supplier to schoolwear retailers.  It was acquired...

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Top national accolade recognises Bishop Fleming’s commitment to its apprenticeship programme

July 7, 2022
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Top national accolade recognises Bishop Fleming’s commitment to its apprenticeship programme

Regional accounting firm Bishop Fleming has been recognised among some of the largest organisations in the UK for its apprenticeship programme. The firm, which has an office in Bath, has been ranked 14th in the Top 100 Apprenticeship Employers list for 2022, which showcases the best apprenticeship programmes over the previous 12 months.  It...

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Pearson May weekly financial round-up

July 7, 2022
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Pearson May weekly financial round-up

Each week Bath accountancy firm Pearson May and Bath Business News team up to bring you the top national finance stories. Recovery loan scheme comes to a close Rumours of a replacement scheme remain in the air. Click here for more information Self-employed struggling with tax obligations HMRC report examines tax difficulties for self-employed. More details are available...

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Broker support appointment bolsters Time Finance’s asset finance offering in the South West

July 5, 2022
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Broker support appointment bolsters Time Finance’s asset finance offering in the South West

Bath-headquartered Time Finance has taken on Matt Dean as a broker manager in its asset finance team focussed on driving support for businesses in the South West. Matt, pictured, brings more than 12 years’ experience to the role at the alternative finance provider, the last 10 of which in a business development role with...

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Bath accountants prepare to go head to head in prestigious national award scheme

July 1, 2022
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Bath accountants prepare to go head to head in prestigious national award scheme

Two of the West of England’s largest regional accountancy firms Milsted Langdon and Bishop Fleming, which both have offices in Bath, are to battle it out as finalists in a major awards scheme that champions the growth and achievements of practices across the UK. It is the second year in a row that Milsted Langdon has been...

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Most firms forced to raise prices as they struggle with ‘uncharted territory’ of soaring inflation

July 1, 2022
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Most firms forced to raise prices as they struggle with ‘uncharted territory’ of soaring inflation

Spiralling inflation has become the biggest issue for firms in Bath and across the South West, with nearly 70% saying they are worried about its impact on their business, according to a new survey. Big rises in labour costs and utility bills – which have helped take inflation to a 40-year high of 9.1%...

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