The founder of Bath-based spectacles designer and manufacturer Inspecs today insisted the group was seeing growth this year after unveiling annual results showing it had fallen into the red on lower revenues in 2020. Robin Totterman, pictured, the former bond trader who launched Inspecs in 1988, said it had performed well in the first...
Bath-based alternative financial services group Time Finance is aiming to more than double lending over the next four years as part of a major expansion of the business. The group, which appointed a CEO earlier this month, also plans to fund more of its loans rather than act as a broker to other lenders...
Bath firms that have imported goods from countries in the EU this year are being urged to complete their full declarations or face a possible fine or prosecution as the final deadline approaches. Regional business group Business West, which is authorised by HMRC to process supplementary customs declarations, said companies needed to submit their...
Regional accountancy firm Bishop Fleming, which has an office in Bath, has completed the sale of a mechanical and electrical maintenance group on behalf of its shareholders. Acorn Engineering Group, based in Slough, was acquired by Cambridge Maintenance Services for an undisclosed sum in a deal that provides a further boost to both companies’...
The Institute of Directors (IoD) is recruiting a new chair to lead its South West region as the role’s current holder Muir Macdonald comes to the end of his three-year term this autumn. The successful candidate will act as the voice for regional directors, working alongside a dedicated team at the IoD to build on...
South West accountancy firm Old Mill has appointed tax specialist Stephen Martin as its new senior tax adviser as it steps up its ambitious growth plans. Stephen, pictured, qualified in 2008 and went on to join accountants Moore Stephens in London, where he trained in its business tax team. During his 10 years at the firm,...
In recent years, the tax landscape for property investors has changed dramatically, perhaps no more so than when it comes to non-resident capital gains tax (NRCGT). Indeed, most tax benefits that derived from having non-resident status have now been eliminated and with the new surcharge for SDLT of 2% from April 1 this year,...
Investment by foreign businesses into the South West rose last year despite the pandemic in contrast to a fall for the UK as a whole. According to a new report by accountancy group EY, the South West achieved a 6.7% increase in Foreign Direct Investment (FDI) projects in 2020 – up by two to...
West of England Metro Mayor Dan Norris is calling on employers to help increase the number of apprenticeships in the region. With an estimated £4m to £8m of unused Apprenticeship Levy funds returned to the Treasury each year, Mayor Norris is calling for apprentice levy-paying employers to give their unused funds to a new scheme called Share to Support. Administered...
Bath-based alternative financial services firm Time Finance has appointed Ed Rimmer as CEO just under four months after he returned to the group to take on the role on an interim basis. Ed, pictured, had been chief operating officer at Time until April last year when he left following a reorganisation of the senior...
