Finance

Fidelius hits the acquisition trail again – this time snapping up Bath IFA Robson Taylor

April 9, 2021
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Fidelius hits the acquisition trail again – this time snapping up Bath IFA Robson Taylor

Fast-growing Bath chartered financial planning group Fidelius has stayed close to home for its latest acquisition, city-based financial advisers Robson Taylor IFA.   Robson Taylor, which specialises in retirement planning, investments, savings and protection, will bring an additional £105m of assets under management to Fidelius along with £780,000 in revenue.  All Robson Taylor staff...

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Hotel complex for sale after 110-year-old parent company collapses into administration

April 9, 2021
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Hotel complex for sale after 110-year-old parent company collapses into administration

The long-established company behind a hotel, health club and golf course near Bath has gone into administration as a result of the coronavirus pandemic. The 45-bedroom Best Western Plus Centurion Hotel, pictured, in Midsomer Norton has become the latest victim of the devastating impact of Covid-19 on  the hotel, retail, and leisure markets.  Family...

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Students’ environmentally friendly cosmetics firm wins university business challenge

April 8, 2021
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Students’ environmentally friendly cosmetics firm wins university business challenge

A fledgling business launched by two University of Bath School of Management students hoping to make the cosmetic industry more environmentally friendly has come first in a competition. KindCosmetics and its product TanKindly beat stiff competition from fellow students at the university in the Invictus Business Challenge 2021.  The contest, staged by the ICAEW (Institute of...

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Link-up with major financial services group means Andrews can build its mortgage offering

April 8, 2021
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Link-up with major financial services group means Andrews can build its mortgage offering

Property group Andrews has substantially boosted its mortgage business by joining the Openwork Partnership, an organisation with more than 4,200 financial advisers across the UK. Under the agreement Keynsham-headquartered Andrews will be able to widen its client offering to include holistic wealth advice.  It said the move would help it deepen client relationships and diversify income...

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Pearson May Financial Update: Extensions to Covid support schemes

April 6, 2021
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Pearson May Financial Update: Extensions to Covid support schemes

With the continued success of the vaccine rollout, hopefully we all have cause to look forward to a brighter few months ahead of us. However, it is clear that the financial impact of the Coronavirus pandemic will continue to be felt for many months and years to come, writes Pearson May partner Matthew Rutter....

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Bath Business Blog: West of England Combined Authority. Protect growth and find new opportunities with Intellectual Property

April 5, 2021
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Bath Business Blog: West of England Combined Authority. Protect growth and find new opportunities with Intellectual Property

Did you know that your Intellectual Property (IP) assets can be integral to the growth and sustainability of your business? When properly managed, the value of your IP can far outweigh physical assets, accounting for over 70% of your business’s value. One of the biggest misconceptions we hear about is business owners thinking they don’t own or use any...

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MJ Church invests in new plant to meet heavy demand, thanks to £1.1m Lloyds Bank loan

April 2, 2021
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MJ Church invests in new plant to meet heavy demand, thanks to £1.1m Lloyds Bank loan

A seven-figure bank loan has set MJ Church, one of the South West’s largest civil engineering, earthworks and waste management contractors, on the road to more growth. The Marshfield-headquartered firm has used the £1.1m from Lloyds Bank to buy four new articulated Volvo dumper trucks, increasing its 25-strong fleet in response to rising demand...

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Mogers Drewett lines up for Bath Rugby Foundation’s 1st XV Club

April 2, 2021
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Mogers Drewett lines up for Bath Rugby Foundation’s 1st XV Club

Law firm Mogers Drewett has shown its support for the vital work of Bath Rugby Foundation by becoming a member of its 1st XV Club. It is among 15 businesses and individuals to have joined the club since it was launched ahead of the 2018/19 season. Club members make an annual donation to the...

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Pearson May weekly financial round-up

April 1, 2021
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Pearson May weekly financial round-up

Bath accountancy firm Pearson May teams up with Bath Business News each week to bring you the top national finance stories. IR35 rules finally extend to the private sector  Changes kick in from Tuesday April 6, exactly one year later than planned. Click here for more information Business rates in England in 2021/22 Temporary business rates reductions, frozen...

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Growth for Old Mill as it takes over long-established family-owned accountancy firm

April 1, 2021
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Growth for Old Mill as it takes over long-established family-owned accountancy firm

South West accountancy and finance firm Old Mill has expanded with the acquisition of a 65-year-old family business in Somerset. The addition of Yeovil-based Ivan Rendall & Co, which was established in 1956, brings around 500 accountancy and tax clients to Old Mill’s 17-strong owner-managed businesses team based in its office in the town.  Rendalls...

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