Finance

Bath Business Blog: West of England Combined Authority. Dream big with trade to the EU and global markets

May 24, 2021
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Bath Business Blog: West of England Combined Authority. Dream big with trade to the EU and global markets

The opportunities for business growth and expansion through trade are huge. If you're thinking about trading with the EU and other markets, or want to continue trading, there are rules you need to follow for importing and exporting. It can be overwhelming, but the West of England Combined Authority’s Growth Hub is here to...

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Record investment for SETsquared firms as incubator shrugs off pandemic-induced market turmoil

May 21, 2021
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Record investment for SETsquared firms as incubator shrugs off pandemic-induced market turmoil

Businesses based at SETsquared, the acclaimed incubator backed by the University of Bath, raised record levels of investment last year despite the coronavirus pandemic’s huge impact on financial markets. Funding from private and public sources totalled £616m, up 40% on 2019. Private investment accounted for 90% of the total raised, with the remainder from...

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Purple Lime’s advice on proptech firm’s £12m sale to Canadian software group bears fruit

May 20, 2021
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Purple Lime’s advice on proptech firm’s £12m sale to Canadian software group bears fruit

Accountancy firm Purple Lime has worked with the shareholders of market-disrupting specialist software firm Terrafirma on its acquisition by an international sector leader. Terrafirma, whose proprietary workflow software and data insights have been critical at transforming how decisions are made in property transactions in  the UK, was acquired by Dye & Durham Corporation, a...

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Promotions for pair of SWIG Finance managers as its growth continues

May 19, 2021
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SWIG-logo-150x150

Regional alternative finance lender SWIG Finance has bolstered its senior management team with two promotions. Nicola Mapp and Clare Lenihan-Thomas will fill the new roles, which have been created to support the business as it continues to grow. Both have extensive experience in SME lending in mainstream bank and community development financial institution (CDFI)...

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New West of England Metro Mayor pledges more jobs, better transport and a green recovery

May 14, 2021
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New West of England Metro Mayor pledges more jobs, better transport and a green recovery

Newly elected Labour West of England Metro Mayor Dan Norris has vowed to raise the profile of the region on the national and global stage while delivering a green recovery from the impact of the pandemic. Mr Norris, pictured, won on the second round of the election, beating Conservative candidate Samuel Williams by 125,482 to 85,389.  The former MP for Wansdyke (now North...

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Call for Bath firms to take part in UK’s largest ever Race at Work Survey

May 14, 2021
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Call for Bath firms to take part in UK’s largest ever Race at Work Survey

Bath businesses are being urged to join hundreds of employers from across the UK by taking part in the country’s largest survey of race in the workplace. City-headquartered international engineering practice Buro Happold has already signed up to complete the survey, which is being staged by Business in the Community (BiTC), the organisation dedicated to...

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Bath Business Blog: Malindi Myers, regional agent, Bank of England. The economy is now recovering rapidly

May 14, 2021
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Bath Business Blog: Malindi Myers, regional agent, Bank of England. The economy is now recovering rapidly

The Covid-19 pandemic has been affecting us all for more than a year now. My fellow regional agents and I know that those businesses that rely heavily on being able to have customers visit them in person – for instance, the hospitality and tourism sectors right across the South West – have been particularly...

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Pearson May weekly financial round-up

May 13, 2021
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Pearson May weekly financial round-up

Bath accountancy firm Pearson May and Bath Business News team up with each week to bring you the top national finance stories. Deadline approaches for SME Brexit support grant  Lesser publicised grant for the UK’s smaller exporters. Read more here IFS reveals life-cycle patterns in pension saving Could future auto-enrolment increases kick in at key moments in...

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South West’s top ranking for innovation hiding its poor skills and low productivity levels, says CBI

May 12, 2021
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South West’s top ranking for innovation hiding its poor skills and low productivity levels, says CBI

The South West is England’s top region for business innovation, according to a new report by the CBI – but it faces challenges over its low productivity and skills gap. The CBI report also reveals that low levels of unemployment and short commuting times compared to other parts of England gives the South West...

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Azets strengthens regional presence with experienced director appointment

May 12, 2021
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Azets strengthens regional presence with experienced director appointment

Accountancy and business advice firm Azets has appointed Paul Haley as director of audit & assurance for its South West and Wales region, Paul, pictured, who specialises in internal audit services, was formerly internal audit manager for four and a half years at Tata Steel Europe in Port Talbot.  Prior to his role at Tata...

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