Finance

More help for ambitious small firms as Time Finance gains accreditation for Growth Guarantee Scheme

August 28, 2024
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More help for ambitious small firms as Time Finance gains accreditation for Growth Guarantee Scheme

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...

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Volunteers urged to step up to help Bath Rugby Foundation mentor disadvantaged youngsters

August 22, 2024
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Volunteers urged to step up to help Bath Rugby Foundation mentor disadvantaged youngsters

Bath Rugby Foundation has launched an appeal for more volunteers to help change young lives in the city, including supporting students with CV writing and interviewing skills. Each year the Foundation, Bath Rugby’s charitable arm, helps around 4,000 vulnerable youngsters to succeed through inspiring programmes that focus on health, education and employability.  Its team...

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New workplace safety mission for wearable tech firm launched by pair of former Bath schoolmates

August 16, 2024
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New workplace safety mission for wearable tech firm launched by pair of former Bath schoolmates

A business started by two former Bath schoolfriends during the Covid-19 pandemic has launched a new product range aimed at making workplace accidents a thing of the past. Former St Gregorys schoolfriends-turned-entrepreneurs Harry Kimberley-Bowen and Ronan Finnegan founded Spacebands when the first lockdown hit in April 2020.  The firm sold more than 20,000 of...

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Worldwide expansion on the cards for ambitious Bath FinTech following ‘significant’ investment

August 15, 2024
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Worldwide expansion on the cards for ambitious Bath FinTech following ‘significant’ investment

Dancerace, the fast-growing Bath-based specialist software firm, has secured new investment to support its global expansion ambitions. The firm, which provides cloud-based software to major banks and lenders worldwide, received the funding from international software and technology-focused investment firm Norland Capital.  Launched in 1992, Dancerace develops software for the receivables, trade and asset-based finance market along with training, consultancy...

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Two further acquisitions for Monahans as it maintains its five-year growth strategy

August 15, 2024
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Two further acquisitions for Monahans as it maintains its five-year growth strategy

South West accountancy firm Monahans has continued its expansion by snapping up a pair of specialist financial practices in the region. The addition of Cotswold firm McGills Chartered Accountants and Taunton-headquartered The Insolvency Company increase Monahans’ headcount by almost a third and add a further four bases to its office network.  The firm now...

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Use of staff online safety tool shows Bath Building Society’s strong commitment to suicide prevention

August 15, 2024
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Use of staff online safety tool shows Bath Building Society’s strong commitment to suicide prevention

Bath Building Society has become the first in its sector to install a digital crisis intervention tool on all its staff computers in a move aimed at strengthening its commitment to employee mental health and suicide prevention.  The society, which employs more than 80 staff in its Queen Square head office and two branches...

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Bath Business Blog. People against Poverty: A powerful story of growth

August 14, 2024
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Bath Business Blog. People against Poverty: A powerful story of growth

People against Poverty CEO Belinda Wadsworth took over the reins of the registered charity in late 2022. We caught up with her about her time with the charity so far and its plans for the mid-term future. Q: What drew you to People against Poverty in the first place?  Belinda: People against Poverty, although...

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Pearson May financial round up

August 14, 2024
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Pearson May financial round up

Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. Companies House warns on address rules Businesses could face fines up to £1,000. For more details, click here SMEs struggle to secure public sector contracts Small and medium-sized firms account for only 20% of public procurement spend. Click here to...

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Pearson May Financial Update: Is it time to review your pension contributions?

August 14, 2024
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Pearson May Financial Update: Is it time to review your pension contributions?

With the recent rumours of potential changes to the taxation of pensions in the new Labour government’s first Budget on 30 October, it is probably a good time to review your pension planning to make sure you are making as much use of your allowances as possible, writes Pearson May partner Jacqui Bowden. We...

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Boost for FW Capital’s South West team with appointment of experienced relationship manager

August 13, 2024
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Boost for FW Capital’s South West team with appointment of experienced relationship manager

FW Capital, one of the UK’s largest regional fund managers, has strengthened its team in the South West as it continues to help the region’s small to medium-sized enterprises (SMEs) expand and prosper. Kevin Goodall, an experienced finance professional with more than 22 years in banking, has joined the office as a portfolio executive.  ...

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