A pension fund based near Bath has pledged £50m to build 250 affordable and energy-efficient homes as it steps up its investment in positive impact projects across the West of England. Avon Pension Fund, a £6bn local government pension scheme (LGPS) serving 140,000 members across the Bath and Bristol, already invests in affordable housing nationally. ...
Two major accountancy firms with offices in Bath have been praised for their commitment to apprenticeships. Monahans, the region’s largest chartered accountancy and advisory firm, has been recognised as a Top 50 SME Apprenticeship Employer, a scheme that celebrates England’s outstanding small and medium-sized businesses that are committed to creating new apprenticeships. It also showcases...
Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. New HMRC advisory fuel rates introduced Updated fuel rates impact UK company car drivers. For more details, click here HMRC also clarifies higher rate Stamp Duty Land Tax refunds Guidance released on payments following house sales. Click here to find...
Three trainees at law firm Goughs – Casey Gilroy, Hannah Conway and Harriet Pestille – have qualified to become solicitors. Hannah will be joining the firm’s nationally accredited family law team in its Corsham base along with Casey, who will bolster the office’s private client team. Meanwhile Harriet joins the residential property team at the...
Three members of the senior management team at Bath-headquartered alternative funder Time Finance have expanded their roles and received new job titles to align with the business’s five-year growth plan. After finishing the 2023/24 financial year with impressive results, the group – which specialises in providing asset, loan and invoice finance products – is...
Bath businesses are being invited to support a gala dinner that will showcase the positive impact of refugees and migrants on the West of England and the wider UK – with a keynote speech by Olympic gold medallist Sir Mo Farah. ‘The Welcome Party’ will celebrate individual success stories of refugees who have set...
A Bath-headquartered firm aiming to use hi-tech sailing vessels to generate green energy at sea has raised £4.65m to fund its next stage of growth. DRIFT Energy will use the investment to start production of the pioneering, high-performance vessels next year. The firm eventually hopes to deploy a fleet of ‘DRIFT ships’, pictured, to...
Small business confidence in the South West has dropped again after surge of positivity earlier in the year, according to new research. The latest regional quarterly survey by the Britain’s biggest business group, the Federation of Small Businesses, reveals a sharp decline in optimism – by 30 percentage points – over the summer. This...
Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. Tax hike fears trigger asset sell-offs Investors braced for Capital Gains Tax increase. For more details, click here Late payment issues worsen for UK SMEs Over half of small business owners and freelancers face overdue invoices. Click here to find...
Bath-headquartered alternative finance provider Time Finance has boosted its offering to expanding small businesses after becoming an accredited lender for the government-backed Growth Guarantee Scheme. Designed to help more smaller firms access finance, the scheme was launched in July as a successor to the government’s Recovery Loan Scheme. It is expected to benefit around...
