Finance

Innovative software firm signals more growth after securing new investment

January 8, 2015
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Innovative software firm signals more growth after securing new investment

Aria Networks, the leading-edge Chippenham-based tech firm, is planning to strengthen its lead in the fast-growing Software Defined Networking (SDN) market after securing further investment. The firm, whose customers include major US and European telecoms companies, cloud and datacentre operators, and social network providers, is already ahead of its SDN rivals. Its products, developed...

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Old Mill overshoots target to net £22,000 for School in a Bag charity

January 8, 2015
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Old Mill overshoots target to net £22,000 for School in a Bag charity

Accountancy firm Old Mill has smashed its 2014 fundraising target of £5,000 by raising more than four times as much for its charity of the year – the Piers Simon Appeal’s School in a Bag initiative. The firm, which has offices in Melksham and Wells, netted £22,000 for the Yeovil-based charity that provides rucksacks...

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Bath bounced back in 2014 – don’t ruin it next year, Chamber of Commerce boss warns politicians

December 29, 2014
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Bath bounced back in 2014 – don’t ruin it next year, Chamber of Commerce boss warns politicians

Phil Smith, managing director of Business West, the organisation behind Bath Chamber of Commerce, looks back at the past 12 months and considers why next year’s General Election is set to be one of the most important in recent memory. “The noise and glare of fireworks this New Year must not mask the fact...

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Good Energy shares lose power after it warns that warm weather this year will cool profit growth

December 18, 2014
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Good Energy shares lose power after it warns that warm weather this year will cool profit growth

Shares in Good Energy, the Chippenham-based renewable electricity supplier and generator, fell by more than 6% yesterday after it warned that its profits will be lower than expected this year. The fall came despite the firm announcing that it had secured a new £45m debt facility to invest in future generating capacity and customer...

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South West law firms’ confidence soars despite tougher competition and economic uncertainty

December 18, 2014
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South West law firms’ confidence soars despite tougher competition and economic uncertainty

Confidence among law firms in the South West is at its highest since 2006, according to new research, with a third planning to open new offices next year. However, most also say that competition has got tougher with cashflow management a particular challenge. The snapshot of a sector undergoing fundamental change emerges from the...

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Jobless fall welcomed by Bath Chamber, but it warns of weaknesses in economy

December 18, 2014
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Jobless fall welcomed by Bath Chamber, but it warns of weaknesses in economy

Bath Chamber of Commerce has welcomed the latest decrease in unemployment but warned that “fundamental weaknesses” remain in the economy which threaten to hold back recovery. Figures from the Office for National Statistics (ONS) published on Wednesday show unemployment across the South West fell by 2,000 between August and October, taking the region’s jobless...

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Specialist funder 1pm clocks up record growth as small firms fuel demand for loans

December 15, 2014
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Specialist funder 1pm clocks up record growth as small firms fuel demand for loans

1pm, the Bath-based lender to small and medium-sized firms, is on target for another record financial performance as demand for its loans continues to grow. In a trading update released to the London Stock Exchange, the firm said it had written new business worth more than £6.8m in the six months to November 30...

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Bath advisers put high-quality aggregate firm on road to successful deal with UK quarrying giant

December 12, 2014
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Bath advisers put high-quality aggregate firm on road to successful deal with UK quarrying giant

The corporate team at Bath law firm Withy King has advised the shareholders of Bradford-on-Avon based PSV (UK) on its sale to Breedon Aggregates, the UK’s largest independent aggregates business. Withy King helped to negotiate the deal on behalf of shareholders Glyn Woolley and Ed Reed. PSV (UK) owned the sole and exclusive rights...

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Increase in lending leads to six new jobs at Bibby Financial Services

December 12, 2014
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Increase in lending leads to six new jobs at Bibby Financial Services

Bibby Financial Services, the UK’s largest independent invoice finance provider, has boosted its South West sales and operations teams with the appointment of six new staff. The new recruits include four business development managers, a head of operations and a relationship manager. They will be based in its Bristol office and cover a region...

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Six more staff add strength in depth to fast-growing Epoch Wealth Management

December 12, 2014
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Six more staff add strength in depth to fast-growing Epoch Wealth Management

Bath-based Epoch Wealth Management has appointed six new staff as it expands its support team to help manage growing client demand for its specialist financial planning services. Tom King, Gemma Honeybun, Roman Moore, Lesley Kondratowicz and Jaime Long will support the senior team at Epoch, which has also appointed experienced independent financial adviser Ed...

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