Blog Archives

Contribution by The Consortium helps Smiths News deliver profits rise

October 16, 2013
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Contribution by The Consortium helps Smiths News deliver profits rise

The Consortium, the Trowbridge-based educational and health supplies distributor, has helped its parent company Smiths News achieve a 14% rise in full-year profits. The Consortium, which Smiths News bought for £38m in April last year, contributed underlying operating profits of £7.4m in the year to August 31 compared with £3.6m in the previous 12...

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Chase de Vere report aims to show way through long-term care maze

October 16, 2013
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Chase de Vere report aims to show way through long-term care maze

Bath-based Independent Financial Adviser Chase de Vere has set out to help professionals cut through the confusion surrounding long-term care with a unique planning tool. The issue of long-term care and funding for individuals is never far from the news agenda. But as an increasing number of people need help so the range of...

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Future looks brighter as media group enjoys pick up in advertising bookings

October 16, 2013
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Future looks brighter as media group enjoys pick up in advertising bookings

Shares in Future, the Bath-based international media group, rose sharply this morning on an upbeat trading statement and a promise to give shareholders their first dividend for two years. The group, whose titles range from TechRadar to Simply Knitting, said advertising bookings for the first quarter of its 2014 financial year were up by...

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New £55m banking deal will aid Alliance Pharma’s hunt for acquisitions

October 16, 2013
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New £55m banking deal will aid Alliance Pharma’s hunt for acquisitions

Alliance Pharma, the Chippenham-based speciality pharmaceutical company, has negotiated new £55m enlarged bank facilities partly to help it hit the acquisition trail. The group signed the deal with Lloyds Bank and Royal Bank of Scotland on improved terms. The new facilities, which replaced earlier facilities and will be available until June 2018, are made...

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Gym equipment company powers ahead with Barclays loan

October 16, 2013
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Gym equipment company powers ahead with Barclays loan

Manufacturing company Watson Gym Equipment is expanding into new premises after a securing a commercial mortgage with Barclays. The £328,000 loan has helped the Frome-based firm, which specialises in handmade bespoke professional gym equipment, move into a 6,400 sq ft site on the town’s Commerce Park Industrial Estate to support its growth strategy. Launched in...

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Quartet Community Foundation welcomes new B&NES area chair

October 15, 2013
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Quartet Community Foundation welcomes new B&NES area chair

Solicitor Becky Ricards Small, a partner in the private client team at Bath-based Withy King, has been appointed chair of the B&NES area of the Quartet Community Foundation. She takes over from Richard Hall from Bath food and drink consultancy Zenith International who has chaired the organisation, which provides a long-term source of support...

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New-look £1m Bath branch opened by Barclays

October 14, 2013
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New-look £1m Bath branch opened by Barclays

Barclays has officially launched its new-look Bath city centre branch with MP Don Foster cutting the ribbon and performance artists, drummers and dancers adding to the party atmosphere. Barclays spent around £1m on the branch, which employs 30 staff and is its latest flagship outlet to be launched in the South West. New-look branches...

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Major national insolvency award for Begbies Traynor’s regional team

October 14, 2013
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Major national insolvency award for Begbies Traynor’s regional team

Business recovery specialist firm Begbies Traynor has scooped the title of South West Regional Insolvency Practitioner Firm of the Year in the national Insolvency and Rescue Awards.  The accolade was presented to partner and head of the South West Regional team, Julie Palmer, at a packed ceremony at the Lancaster London Hotel. The company’s...

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Ahead of the Agenda: The Week Ahead

October 13, 2013
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Monday 14 October Finals: Nanoco, Tristel Trading statements: Essentra, McBride AGMs: Greenko, McBride EGM: Phytopharm Tuesday 15 October Interim: Lombard Risk Management Finals: Bellway, dotDigital, Utilitywise Trading statements: Burberry, Carpetright, e2v Technologies, Hargreaves Lansdown, Michael Page International, Rio Tinto EGM: LXB Retail Properties Economics: Producer prices, ONS house prices, Consumer price index, Retail price...

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1pm says time is right to challenge banks on small firm loans

October 13, 2013
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1pm says time is right to challenge banks on small firm loans

Bath-based asset-backed finance provider 1pm has expanded into the small business loans market. The firm, quoted on the London Stock Exchange’s AIM market, will initially lend between £1,000 and £15,000 which can be repaid over any period from three to 36 months. It announced completion of its first loan to a Leicester wholesale business...

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