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...
Bath accountants OCL and Bristol and London law firm Temple Bright have acted for the shareholders of healthcare project management and facilities support business Capitec on its sale to Imagile Professional Services Limited (IPSL). IPSL, established in 2005 and, like Capitec, based in Bristol, is a leading asset management consultancy providing professional services across a broad range of infrastructure sectors...
The Institute of Directors in the South West has appointed experienced tech sector independent director James Savage and Steve Hill, the former managing director of defence contractor SEA, as ambassadors. James, pictured, who has spent 30-plus years in the sector, will be the IoD’s regional ambassador for high-tech industry and tech ventures, having been an independent director on the boards...
Rengen, the Bath property company behind a number of the city’s recent high-profile redevelopments, has secured a £40m finance agreement to fund a new raft of developments across the South West. The debt funding agreement with the real estate division of Intermediate Capital Group (ICG), the London-based global alternative asset manager, will be used to buy...
Bath-based specialist online publisher SelectScience has secured a major private equity investment and appointed a new CEO as it looks to accelerate its growth. The firm, based at Corston, was formed in 1998 with a mission to introduce peer-to-peer and digital marketing services into the scientific industry. It has expanded to provide vital online...
Bath accountancy firm Pearson May teams up with Bath Business News each week to bring you the top national finance stories. Spring Budget 2021: What will it include? Will Chancellor Rishi Sunak raise taxes or maintain the status quo on March 3? Click here to find out more Get ready for the VAT reverse charge New rules are set...
Nearly 50 technology firms from across the South West are to explore potential business deals in the US, India and Singapore as part of a virtual trade mission promoting the region as a ‘tech-for-good’ hotspot. The companies have been selected to take part in Tech 4 Good South West, an initiative launched last September...
Bath-based law firm Mogers Drewett has launched a campaign to collect and donate 50 laptops this month to help bridge the digital divide made worse by the coronavirus pandemic. ‘Fifty in February’ will support the work of Wiltshire Digital Drive (WDD), which was set up last year by a group of businesses in Bath and...
Specialist investment and fund manager Hawksmoor Investment Management is to open an office in Bath after appointing three members of rival Investec’s former base in the city. Hawksmoor’s Bath Office will be staffed by senior investment manager Dean Hodgson, business development manager Mike Topham and trainee investment manager Sally Overton. All three previously...
In a surprise move and with only a week to go until the 2019/20 tax return filing deadline, HM Revenue & Customs (HMRC) announced on January 25 that it would not be charging the usual automatic late filing penalties of £100 for any 2019/20 tax returns that were not filed by January 31, 2021....
