Finance

Autumn Statement 2023: Business West says region has missed out yet again

November 22, 2023
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Autumn Statement 2023: Business West says region has missed out yet again

Business West, the region’s largest business organisation, voiced its disappointment that, once again, the West of England had been overlooked when it came to major government spending commitments. Its director of policy Matt Griffith, pictured, pointed out the region had failed to be selected as one of the government’s investment zones – “the second time...

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Autumn Statement 2023: Regional political reaction

November 22, 2023
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Autumn Statement 2023: Regional political reaction

West of England Metro Mayor Dan Norris attacked Chancellor Jeremy Hunt's Autumn Statement for failing to tackle key, long-standing issues for the region The Labour mayor, pictured, who leads the West of England Combined Authority, said: “After 13 years of Conservative Government, the question West of England residents will be asking at the next...

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Autumn Statement 2023: Bath business reaction

November 22, 2023
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Autumn Statement 2023: Bath business reaction

Bath business leaders have reacted to Chancellor Jeremy Hunt's Autumn Statement.  Ed Rimmer, pictured, chief executive officer of Bath-headquartered alternative funder Time Finance, welcomed the business tax relief. "What businesses needed from today’s Autumn Statement were conditions for growth and while there is clearly more to be shared on the Chancellor’s measures to boost...

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Autumn Statement 2023: Key points . . .

November 22, 2023
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Autumn Statement 2023: Key points . . .

Chancellor Jeremy Hunt has delivered his Autumn Statement. The key points were: The statement included 110 measures to boost the economy by £20bn a year, according to Mr Hunt. All alcohol duties frozen.  Benefits to go up by 6.7% next year, based on the inflation rate for September. Increase in State pension by 8.5% to...

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Tributes paid to Novia founder and finance industry pioneer Bill Vasilieff

November 20, 2023
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Tributes paid to Novia founder and finance industry pioneer Bill Vasilieff

Bill Vasilieff, the founder and chief executive of Bath-based financial services firm Novia Group, has died suddenly, it was announced today. One of the city’s highest profile business leaders of recent decades, Bill, pictured, who was 68, was a proud Scotsman and lifelong Bath Rugby supporter. Under his leadership, Novia became a major backer...

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Boost for Bath Quays as L&C Mortgages becomes latest city firm to relocate its HQ to area

November 20, 2023
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Boost for Bath Quays as L&C Mortgages becomes latest city firm to relocate its HQ to area

Bath-based L&C Mortgages, the UK’s largest fee-free broker, is to move its head office into the city’s recently opened Newark Works development in a major success for the Bath Quays regeneration area. L&C described its relocation to the former industrial building, pictured, as marking an exciting new chapter for the firm, underlining its position...

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Return of £30k fund supporting Bath-based creative tech projects that address crucial social issues

November 20, 2023
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Return of £30k fund supporting Bath-based creative tech projects that address crucial social issues

A trailblazing scheme aimed at funding innovative creative tech projects from the Bath area has been launched for the fourth year running. The Studio Innovation Fund has backed a range of pioneering projects ranging since its start – last year these included using Artificial Intelligence (AI) to create art and building low-tech robots from...

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New non-executive directors bring ‘significant experience’ to Alliance Pharma as it targets more growth

November 20, 2023
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International healthcare group Alliance Pharma has appointed two new non-executive directors to strengthen its board and support its growth strategy.   The Chippenham-headquartered business, which owns a portfolio of consumer healthcare products ranging from stomach ulcer treatments to anti-dandruff shampoo, said Eva-Lotta Sjöstedt and Richard McKenzie would bring significant experience to group. Alliance holds...

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Pearson May financial update

November 16, 2023
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Pearson May financial update

Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. HMRC encourages couples to explore marriage allowance Online calculator instantly reveals annual income tax bill reduction. Click here or more information. Lack of awareness hinders sustainable investment UK public uncomfortable with investments negatively affecting climate. Find out more here

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Time Finance gets set for more growth with new non-exec director and HR manager appointments

November 14, 2023
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time-finance

Two key appointments have been made by Bath-based alternative funder Time Finance as it looks ahead to a period of growth. Laura Dun has joined as HR manager while Paul Hird has become a non-executive director on its board. Time Finance, which is listed on the London Stock Exchange’s AIM market, specialises in providing...

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