Finance

Time Finance looks to strengthen its offering following director of asset finance appointment

January 27, 2022
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Time Finance looks to strengthen its offering following director of asset finance appointment

A new director of asset finance has been recruited by Bath-headquartered Time Finance in a move the firm says demonstrates its commitment to offering asset-backed funding to growing businesses.   Steve Nichols, pictured, has assumed overall responsibility for the operation and performance of asset finance for the business and will become a member of...

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Deloitte’s M&A team hails ‘fantastic’ year for dealmaking with total of 17 completed

January 26, 2022
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Deloitte’s M&A team hails ‘fantastic’ year for dealmaking with total of 17 completed

The takeover of a high-profile Bath business helped dealmakers from accountancy firm Deloitte’s regional mergers & acquisitions team complete a record number 17 deals last year. The total number, with a collective value of just under £2bn, was almost double that of 2020, when the team completed nine.  Eight of the deals were within...

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Milsted Langdon boosts its commitment to its staff by signing the National Menopause Pledge

January 24, 2022
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Milsted Langdon boosts its commitment to its staff by signing the National Menopause Pledge

Regional accountancy firm Milsted Langdon, which has an office in Bath, has become the latest business to support the Menopause Workplace Pledge. The move follows latest statistics showing that almost 900,000 women in the UK quit their jobs due to the menopause. Milsted Langdon said that, while it was already incredibly supportive of employees...

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Lending book growth gives Time Finance confidence in post-pandemic opportunities

January 21, 2022
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Lending book growth gives Time Finance confidence in post-pandemic opportunities

The impact of the pandemic is still being felt by Bath-headquartered alternative finance provider Time Finance, it has admitted – but added that it remained upbeat as momentum was building in its core offering.   The group, which specialises in asset, loan and invoice finance products, reported a 1% rise in pre-tax profits to...

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Good Energy to re-invest £24.5m from wind and solar farm sale in EV mapping and energy platforms

January 21, 2022
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Good Energy to re-invest £24.5m from wind and solar farm sale in EV mapping and energy platforms

Renewable electricity firm Good Energy has completed the disposal of all its wind and solar farms and will use the proceeds to help fund its on-going shift to energy and mobility services. These include building a new platform for small-scale generators and continuing to invest in its subsidiary Zap-Map, UK’s leading EV mapping platform. ...

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BGF South West office invests record £115m in high-growth business in 2021

January 20, 2022
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BGF South West office invests record £115m in high-growth business in 2021

Investments by the South West team of growth finance group BGF passed the £100m mark for the first time last year as it continued its strong run of funding ambitious businesses. The team injected £115m of equity into firms in 2021 – a 72% increase on 2020’s total and more than three times that...

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Hybrid working here to stay, research shows, but most firms are struggling to make it a success

January 20, 2022
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Hybrid working here to stay, research shows, but most firms are struggling to make it a success

More than nine in 10 of mid-market businesses in the South West have adopted hybrid or remote working as a way of overcoming the impact of the pandemic – but many are struggling to make it a success, according to a new survey. Research by accountancy firm Grant Thornton reveals 92% of the region’s...

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Lancashire care home deal bolsters Royds Withy King’s standing in fast-growing sector

January 20, 2022
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Lancashire care home deal bolsters Royds Withy King’s standing in fast-growing sector

A team from Bath-headquartered law firm Royds Withy King has built on its strong reputation in the care home sector by advising on a deal in Lancashire.   The firm has helped Leyland-based company Angel Residential Home on its acquisition of Lowfield House, pictured, a successful family-owned specialist 24-bed care home in Clitheroe.  The...

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Pearson May Financial Update: HMRC postpones late Self-Assessment penalties by a month

January 16, 2022
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Pearson May Financial Update: HMRC postpones late Self-Assessment penalties by a month

For the second year in a row, HM Revenue & Customs (HMRC) has announced that it will not charge the usual automatic late filing penalty of £100 for any 2020/21 Tax Returns that are not filed by 31 January 2022, as long as they are filed by 28 February 2022, writes Pearson May partner...

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Further expansion on the cards this year at MHA Monahans after strong 2021

January 14, 2022
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Further expansion on the cards this year at MHA Monahans after strong 2021

Independent regional accountancy firm MHA Monahans is looking ahead to further expansion in 2022 after taking on new clients and growing its headcount in 2021.   The firm, which has eight offices, including in Bath, Chippenham, Frome, Trowbridge and Melksham, aims a go its team of 16 partners and 190 staff by a further...

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