Finance

Warning for troubled firms as temporary insolvency measures end and insolvencies start to rise

September 21, 2021
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Warning for troubled firms as temporary insolvency measures end and insolvencies start to rise

Businesses in Bath are being urged to seek advice if they are concerned about the lifting of temporary insolvency restrictions. The warning has come from the regional chair of R3, the trade body for restructuring and insolvency professionals, which issued the call after the government decided to begin phasing out its ban on winding...

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Gas price crisis proves market needs urgent shake-up, says renewable energy firm boss

September 20, 2021
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gas

The chief executive of green utility business Good Energy, one of the UK’s oldest 100% renewable power suppliers, today called for major reforms to the crisis-hit energy market as consumers face soaring bills and food shortages and rival firms teeter on the edge of insolvency. Nigel Pocklington, pictured, of Chippenham-headquartered Good Energy said the “risky...

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‘Double whammy’ of Brexit and Covid forces council to scale back Bath’s Christmas Market

September 20, 2021
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‘Double whammy’ of Brexit and Covid forces council to scale back Bath’s Christmas Market

Bath’s Christmas Market is to be drastically reduced this year after being hit by what organisers Bath & North East Somerset Council described as a ‘double whammy’ of Brexit and Covid. The council said these two factors had led to a national shortage of logistics and security staff, as well as specialist equipment, making...

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Pearson May weekly financial round-up

September 16, 2021
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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 the top national finance stories. Employers and employees to pay 1.25% more NICs  Rise in National Insurance to fund development of the health and social care tax. Find out more here Shareholders and directors hit by dividend tax rate rise The three dividend...

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Up-and-coming accountants take up trainee roles at Milsted Langdon

September 16, 2021
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Up-and-coming accountants take up trainee roles at Milsted Langdon

Regional accountancy firm Milsted Langdon has welcomed 14 new trainees, including one in its Bath office, as part of its commitment to train the next generation of tax and accounting experts. The firm, which also has offices in Bristol, Taunton and Yeovil, said it had selected some of the best students from the region’s...

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New PwC risk leader will help region’s firms emerge stronger from the pandemic

September 16, 2021
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New PwC risk leader will help region’s firms emerge stronger from the pandemic

Global accountancy group PwC has appointed partner Richard Cleary to the role of risk leader for its West & Wales region. Richard, pictured, has more than 20 years’ major transformation programme experience across numerous sectors, including retail, utilities and defence, and is PwC’s commercial markets leader nationally for technology and data.  His focus in recent...

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Webinar series for professional practice partners to be hosted by Smith & Williamson

September 14, 2021
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Webinar series for professional practice partners to be hosted by Smith & Williamson

Smith & Williamson, the national accountancy group, has launched a series of webinars for partners in professional practices.   Its autumn series, which began last week, continues with Financial Planning for Professionals on November 2. The webinar will consider the implications of the current tax environment and provide guidance on strategic investment options.  The final webinar in the...

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New CBI South West leadership team vows to help region’s firms build back from pandemic

September 14, 2021
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New CBI South West leadership team vows to help region’s firms build back from pandemic

The CBI has appointed a new South West team, including a new regional director and deputy regional director, to lead its activities in the region and support member businesses as they look to rebuild from the impact of Covid-19. Ben Rhodes steps up from the deputy director role he has held since 2017 to...

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Savvy Investor sale handled by Royds Withy King corporate team

September 13, 2021
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Savvy Investor sale handled by Royds Withy King corporate team

Bath-headquartered law firm Royds Withy King’s corporate team has advised the company behind Savvy Investor, the thought-leadership platform for institutional investors, on its acquisition by global business information provider Pageant Media. Savvy Investor pulls together more than 10,000 white papers and other third-party content from across the investment management industry for more than 55,000...

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Time Finance looking to clock up further growth after appointing new head of sales

September 9, 2021
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Time Finance looking to clock up further growth after appointing new head of sales

Another key appointment has been made by Time Finance, the Bath-based alternative financial services group, as it targets further growth for its sales operation. Adrian Payne, pictured, joins as head of sales in its invoice finance division – a role in which he will be responsible for leading and managing the sales team in the...

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