Finance

Former Time Finance chief operating officer returns as interim CEO 10 months after leaving

February 25, 2021
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Former Time Finance chief operating officer returns as interim CEO 10 months after leaving

Time Finance, the Bath-based alternative financial services firm, has appointed Ed Rimmer as interim chief executive officer. Ed, pictured, returns to the firm – which changed its name from 1pm two months ago – having previously served as chief operating officer. He left last April following a reorganisation of the senior management team.  Time...

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Event: Chance to hear how women are succeeding in global eCommerce in the age of Covid

February 25, 2021
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Event: Chance to hear how women are succeeding in global eCommerce in the age of Covid

Bath businesses will be able to learn how to boost their online overseas sales from successful women in eCommerce at a virtual conference next week. The free ‘Women in Global eCommerce’ event on Tuesday is being hosted by the Department for International Trade (DIT) in collaboration with Business West, the organisation behind Bath Chamber...

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Recruitment campaign launched by Milsted Langdon to find next generation of accountancy talent

February 23, 2021
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Recruitment campaign launched by Milsted Langdon to find next generation of accountancy talent

Milsted Langdon, the regional accountancy firm with an office in Bath, is starting a trainee recruitment campaign as it seeks to grow its team and develop local talent. The firm is reaching out to college students and university graduates to join its supportive training scheme, which helps them obtain a range of professional qualifications. ...

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Business groups call for more support for firms as Johnson unveils roadmap out of lockdown

February 22, 2021
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coronavirus_3d

The South West’s largest business organisation has said many of its members will be “disappointed” with the government’s roadmap for taking England out of national lockdown. Business West, which runs Bath Chamber of Commerce, said following Prime Minister Boris Johnson’s statement in the House of Commons on Monday the onus was now on ministers...

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Future shares soar to record high after it says profits should be much better than expected

February 19, 2021
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Future shares soar to record high after it says profits should be much better than expected

Shares in rapid-growth Bath media group Future soared above £21 for the first time in its history today as it said its full-year profits are likely to be much higher than expected. The highly acquisitive group, whose titles span TechRadar, PC Gamer and Country Life, also updated shareholders on its latest deals, including the...

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Bath university leaders backing bid to create ‘economy-boosting’ Great Western Freeport

February 19, 2021
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Bath university leaders backing bid to create ‘economy-boosting’ Great Western Freeport

The vice-chancellors of both of Bath’s universities and the principal of its main college have joined business leaders from across the West of England in backing the creation of a ‘free port’ in the region. Prof Ian White and Prof Sue Rigby of the University of Bath and Bath Spa University respectively and Laurel...

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Support grants worth more than £12m handed to Bath businesses hit by Covid lockdowns

February 18, 2021
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Support grants worth more than £12m handed to Bath businesses hit by Covid lockdowns

Nearly 2,000 businesses across Bath and North East Somerset forced to close as a result of the third national lockdown have received more than £12m in support grants. Bath & North East Somerset Council had processed 1,825 applications by Wednesday of last week, paying out a total of  £11m in support grants and £1.4m...

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Pearson May weekly financial round-up

February 18, 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. Setting and reviewing employee pay  Determining your employees’ pay rates for 2021/22? Click here for more information Stamp duty deadline threatens transactions The government’s stamp duty holiday is due to end on March 31. Find out more...

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Bath Business Blog: Malindi Myers, regional agent, Bank of England. Our forecasts show rapid economic recovery this year

February 17, 2021
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Malindi

The Covid pandemic continues to hit business activity and household spending in the UK and the rest of the world. Restrictions put in place to contain the pandemic’s spread are causing many businesses to sell fewer of their goods and services. Some businesses are unable to sell at all.  Even though the available evidence...

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Thrings team leads on £50m funding deal to boost Cornwall’s broadband network

February 17, 2021
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Thrings team leads on £50m funding deal to boost Cornwall’s broadband network

A specialist banking and finance law team led by Thrings has secured a £50m investment to roll out gigabit-capable broadband services across Cornwall. The funding will support Cornish internet service provider Wildanet’s growth plans by substantially expanding its network across the county.  Redruth-based Wildanet was launched in 2017 by chief executive Ian Calvert to...

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