Finance

‘Forward-looking’ Old Mill appoints Lucy, 24, as youngest office head in firm’s history

August 12, 2021
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‘Forward-looking’ Old Mill appoints Lucy, 24, as youngest office head in firm’s history

Lucy Bennett, an adviser at South West accountancy firm Old Mill, has become the youngest-ever head of one of its offices. The 24-year-old, pictured, is leading the firm’s Yeovil office, where she is encouraging collaboration and engagement among its teams and supporting Old Mill’s work in the local community, alongside her role as client...

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New regional head of financial services for PwC as it looks to help sector recover from pandemic

August 11, 2021
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New regional head of financial services for PwC as it looks to help sector recover from pandemic

Global accountancy group PwC has promoted Paul Atkinson to head of financial services for the West & Wales as it continues to build its presence in an industry worth more than £10bn to the regional economy. Paul, pictured, replaces PwC global insurance operations leader Will Conner in the role.  He has a long track record...

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Survey shows most firms are heeding climate change warnings – but one-in-five have done nothing

August 10, 2021
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Survey shows most firms are heeding climate change warnings – but one-in-five have done nothing

Nearly 70% of South West firms see climate change as a core business factor for them, according to a landmark survey of companies’ attitudes to the key issue – but, alarmingly, 21% have so far taken no action despite mounting concern over its impact. Just under half (46%) of the businesses that consider climate...

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Take-off of Frankfurt flights will help put region on route to post-Covid recovery, says Bristol Airport

August 6, 2021
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Take-off of Frankfurt flights will help put region on route to post-Covid recovery, says Bristol Airport

Bristol Airport has taken another major step towards fully recovering from the impact of the pandemic with the launch this week of a regular service to Frankfurt. German airline Lufthansa had planned to introduce the direct flights last March but shelved them as Covid-19 took hold across the world – triggering a massive fall...

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Time Finance clocks up more growth with two new manager appointments and vehicle offering

August 6, 2021
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Time Finance clocks up more growth with two new manager appointments and vehicle offering

Bath-based alternative financial services group Time Finance has made two senior appointments in its invoice finance and asset finance divisions as it continues to expand. The group, which specialises in asset, loan and invoice finance products, has also launched a new offering to business owners looking to source vehicles to help drive their business...

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Pearson May weekly financial round-up

August 5, 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. Is it time to get a low-emission company car?  Government grants and generous tax incentives for low-emissions vehicles. Find out more here Applications for ‘fifth-and-final’ SEISS grant open Self-employed taxpayers have until 30 September 2021 to submit their...

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Fraud soared as criminals used pandemic to target vulnerable firms and individuals, research shows

August 5, 2021
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Fraud soared as criminals used pandemic to target vulnerable firms and individuals, research shows

Professional criminals took advantage of the unprecedented conditions caused by the pandemic to con businesses and individuals across the South West out of millions of pounds, new figures show. According to accountancy group KPMG latest Fraud Barometer, cases reaching the region’s courts in the first half of this year soared by more than three...

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Pearson May Financial Update: Pros and cons of electric company cars

August 3, 2021
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Pearson May Financial Update: Pros and cons of electric company cars

Despite the potentially high personal tax charge, many employees still enjoy and prefer the convenience of being offered the use of a company car by their employer and this can also be the case for owner-managed businesses where the directors choose to run their cars through their companies, writes Pearson May partner Matthew Rutter....

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Praise for Bath’s top private client lawyers and their firms in new high net worth guide

July 30, 2021
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Praise for Bath’s top private client lawyers and their firms in new high net worth guide

Three Bath law firms and their top private wealth lawyers have been recognised in the latest edition of a prestigious annual legal guide. Published every July, Chambers High Net Worth Guide ranks the top performing lawyers in the field based on interviews with clients and the quality of work.  Bath-headquartered firms Royds Withy King...

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Boost for Bath’s financial services sector as Altus grows its academy

July 29, 2021
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Boost for Bath’s financial services sector as Altus grows its academy

Bath-based financial services technology specialist Altus has expanded its one-year academy training programme to help more young professionals kick start their careers in the sector. The firm, which was recently acquired by Canadian software company Equisoft, is opening up four positions across its investments, insurance, digital and delivery teams for the academic year starting...

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