Finance

Andrews Property Group’s charitable shareholders receive £0.5m dividend payout

June 22, 2017
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Andrews Property Group’s charitable shareholders receive £0.5m dividend payout

The two charitable trusts that own Keynsham-based estate agency and property group Andrews are to share nearly £500,000 in annual dividend payments. Andrews Charitable Trust (ACT) and the Christian Book Promotion Trust are the sole shareholders of Andrews Property Group, which has 56 offices across the South of England. The ownership structure, which is...

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Corporate finance partner appointed at Bishop Fleming

June 22, 2017
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Corporate finance partner appointed at Bishop Fleming

Bath’s largest accountancy firm Bishop Fleming has promoted its director of corporate finance Charles Davey to corporate finance partner. Since arriving at Bishop Fleming in 2015 from NatWest Structured Finance, Charles has been instrumental in completing a number of major deals for clients. These include business sales, family transitions, acquisitions and fundraisings, working with...

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Young Retirement Planner of the Year title won by Chase de Vere adviser

June 22, 2017
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Young Retirement Planner of the Year title won by Chase de Vere adviser

Simon Walshe, a chartered financial planner in the Bath office of national independent financial advisers Chase de Vere, has been named as the Young Retirement Planner of the Year for the South West and Wales. Simon collected the accolade at the Retirement Planner Awards 2017 at a ceremony at the Jumeirah Carlton Tower Hotel...

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Business partnership drive launched by Bath-based young people’s mentoring charity

June 20, 2017
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Business partnership drive launched by Bath-based young people’s mentoring charity

Bath charity Mentoring Plus is looking for business partners to help support its work with vulnerable young people in the city. The charity trains and supports adult volunteers to mentor young people aged between seven and 21 who need extra support with family, education, emotional needs or employment.  But as this costs more than...

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Partner appointment strengthens Grant Thornton’s South West corporate finance team

June 14, 2017
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Partner appointment strengthens Grant Thornton’s South West corporate finance team

Accountancy group Grant Thornton has boosted its South West and Wales corporate finance advisory team with the appointment of Trefor Griffith as a partner. Trefor, pictured, already leads the consumer industry group for the firm nationally, having been based in Grant Thornton’s London office since 2009. He has a particular focus on the food...

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Weak pound gives strength to South West exporters but post-Brexit outlook is less clear

June 14, 2017
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Weak pound gives strength to South West exporters but post-Brexit outlook is less clear

Firms across the South West have taken advantage of the slump in sterling to go on an exporting spree, with the value of goods from the region sold overseas soaring by 30%. New figures from HMRC, which collates information on exports, shows exports from South West-based companies hit £6.3bn in the first three months of this year, up from...

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London innovation showcase puts Bath tech start-ups in the spotlight

June 9, 2017
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London innovation showcase puts Bath tech start-ups in the spotlight

Two of Bath’s most exciting hi-tech, high growth potential start-ups have been showcased to big name corporates at a high-profile event in London. The pair took part in the Open Innovation Showcase organised by SETsquared, the global number one university business incubation programme run by a partnership of the universities including Bath. Vaccines Without...

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Latest acquisition for 1pm after it completes £13m share issue

June 9, 2017
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Latest acquisition for 1pm after it completes £13m share issue

1pm, the acquisitive Bath-based specialist lender, has completed its latest takeover following after successfully issuing more than 28.8m new shares. The group has paid £5.25m to acquire Oxfordshire-based Tracx Finance, a leading invoice finance provider to SMEs operating under the Gener8 Finance brand. At the time of issuing the new shares, which are worth...

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General Election result: National business reaction

June 9, 2017
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General Election result: National business reaction

The unexpected outcome of the General Election and the resulting hung Parliament has sent shock waves through businesses and the organisations representing them. Carolyn Fairbairn, director-general of the CBI, said it was a serious moment for the UK economy. “The priority must be for politicians to get their house in order and form a functioning government,...

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General Election result: Bath business reaction

June 9, 2017
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General Election result: Bath business reaction

Business organisations in Bath and across the West of England today warned of damaging uncertainty following the shock General Election result and the impact of a hung Parliament on key issues for the city, particularly on the imminent Brexit negotiations Business West, the region’s largest business group, said there would be widespread concern about more...

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