Finance

New CEO to join Quartet Community Foundation as it steps up Covid-related support

January 22, 2021
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New CEO to join Quartet Community Foundation as it steps up Covid-related support

Quartet, the community foundation covering Bath and the West of England, has appointed Suzanne Rolt as its new CEO. Suzanne, pictured, has nearly 15 years’ experience in charity leadership, having led Bristol’s iconic music venue St George’s as director and CEO since 2006.  She will join Quartet as it is on course for another record-breaking...

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Record year for BGF’s regional office, despite Covid-19, with investments reaching £67m

January 22, 2021
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BGF_Logogradient

Investment group BGF’s South West team overcame challenges sparked by the coronavirus pandemic to invest a record amount last year. Some £67m was injected into businesses in 2020 – up on the £37m achieved in 2019 and overtaking the previous record of £50m in 2018.  The new investments take BGF’s total funding in the...

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Bath Business Blog: Tim Close, insolvency partner, Milsted Langdon. Businesses must seek help now if they fear insolvency

January 21, 2021
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Bath Business Blog: Tim Close, insolvency partner, Milsted Langdon. Businesses must seek help now if they fear insolvency

Recently released research from the Federation of Small Businesses (FSB) has indicated that as many as 250,000 small businesses could collapse in the next 12 months. Whilst many businesses affected by the latest national lockdown are receiving assistance via the various government financial support measures, such as the furlough scheme, grants and loans, Milsted...

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Business West calls on government to act now and extend business rates relief for struggling firms

January 21, 2021
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Business West calls on government to act now and extend business rates relief for struggling firms

Chancellor Rishi Sunak has been urged to extend business rates relief beyond its March 31 cut-off point to avoid further pressure on firms struggling from lockdown restrictions. The call has come from Business West, the region’s largest business group and the organisation behind Bath Chamber of Commerce.  Businesses in the retail, hospitality and leisure...

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Pearson May weekly financial round-up

January 21, 2021
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Pearson May weekly financial round-up

Each week Bath accountancy firm Pearson May and Bath Business News team up to bring you the top national finance stories. HMRC reminds taxpayers of time-to-pay option  Self-assessment taxpayers can spread payments over up to 12 months. Does this apply to you? Find out here Rising living wage set to drive up employer costs 23-year-olds to get highest...

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EY’s new South West managing partner has ambitions to further build brand in region

January 21, 2021
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EY’s new South West managing partner has ambitions to further build brand in region

Karen Kirkwood has been appointed as global accountancy group EY’s new managing partner for the South West and Wales as it continues its growth in the region. Karen, pictured, takes over from Andrew Perkins, who has successfully completed a four-year tenure in the role. He is staying in Bristol as EY’s regional corporate finance partner.  Karen joined EY...

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UK post-Brexit trading rules with the EU are complicated, so get advice now, firms are urged

January 19, 2021
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UK post-Brexit trading rules with the EU are complicated, so get advice now, firms are urged

Bath firms struggling with post-Brexit trade complications are being urged to get expert advice and support by Business West, the region’s largest business organisation. With the UK now outside of the European Union as of December 31, businesses must adhere to new rules and regulations when trading with the EU.  As reports emerge of how...

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Bath property developer to sell £124m portfolio as city’s housing market remains resilient

January 15, 2021
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Bath property developer to sell £124m portfolio as city’s housing market remains resilient

A portfolio of 17 properties, including student accommodation blocks and residential schemes in Bath, has been put up for sale for £124m in a sign of the strength of the city’s property market, despite Covid-19. Bath-based developer Rengen said the schemes, which also include sites in Bristol and Worcester, contain 634 bed spaces, most...

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Business West looks to wider talent pool for new directors to avoid its board becoming ‘echo chamber’

January 15, 2021
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Business West looks to wider talent pool for new directors to avoid its board becoming ‘echo chamber’

Business West, the region’s largest business group, has broken with its traditional method of recruiting for its board to take on three new non-executive directors. The £10m turnover group, which runs Bath Chamber of Commerce, said the move was designed to access a wider talent pool that represented the full range of the region’s...

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Former PwC partner joins SWIG Finance board as it targets more funding for SMEs

January 14, 2021
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Former PwC partner joins SWIG Finance board as it targets more funding for SMEs

Regional alternative finance lender SWIG Finance has strengthened its board again with a non-executive director appointment as it prepares for its new chair to take up her role. The arrival of Chris Butters, pictured, who has considerable non-executive director and senior executive experience, comes ahead of Christine Allison taking over from current chair Malachy...

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