Time Finance secures extra lending power after clocking up its best-ever figures

January 26, 2024
Time Finance secures extra lending power after clocking up its best-ever figures

Fast-growing Bath-based alternative finance provider Time Finance has increased its lending capacity after securing a new finance worth £15m. The block discounting facility was announced shortly after Time Finance revealed a 35% increase in half-year pre-tax profits to £2.7m on revenue up 19% at £15.7m.  The interim results also showed own-book lending origination rose...

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Pearson May financial round up

January 26, 2024
Pearson May financial round up

Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. Mandatory payrolling of benefits-in-kind announced by HMRC   Rules will apply from April 2026. Click here for more information HMRC still awaiting 3.8m self-assessments It urges tax returns for the 2022/23 tax year. Find out more here  

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Bath firms team up to help create African forest habitat for at-risk species on Bristol’s doorstep

January 26, 2024
Bath firms team up to help create African forest habitat for at-risk species on Bristol’s doorstep

Bath architectural practices Grant Associates and Feilden Clegg Bradley Studios are working with conservation and education charity Bristol Zoological Society to create a new home for some of the world’s most critically endangered species. Construction of the new central African forest habitat, pictured, on the Zoological Society’s Bristol Zoo Project site will begin this...

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Pioneering plan looks at reusing old coal mines around Bath to generate renewable energy

January 26, 2024
Pioneering plan looks at reusing old coal mines around Bath to generate renewable energy

The Bath area’s disused coal mines, which have been sealed up for more than 50 years, could be repurposed to supply clean energy to around 100,000 homes across the region. A major study will look at bringing many of the area’s 100-plus collieries back to life by harnessing their potential as sites for heat...

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Bath financial advice group targets more growth after selling significant minority stake to Nordic group

January 26, 2024
Bath financial advice group targets more growth after selling significant minority stake to Nordic group

A major Swedish business has acquired a significant minority stake in Bath-headquartered financial advice business Fidelius Group, saying the move will trigger a new phase of growth for the firm. Söderberg & Partners, one of the Nordic region’s leading financial advisers and brokers of insurance and financial services, acquired the holding in Fidelius for an undisclosed...

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Bath firm finds inspiration in endangered parrot’s tale to develop pioneering wildlife locating tech

January 25, 2024
Bath firm finds inspiration in endangered parrot’s tale to develop pioneering wildlife locating tech

A large, camouflaged parrot living under threat of extinction in New Zealand has inspired a Bath firm to develop game-changing technology that tracks and monitors animals in the wild. The team at technology innovation consultancy Icoteq drew inspiration from the story of the kakapo and efforts to conserve it as they worked on the...

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