Finance

Growth funding for six of the best of Bath’s fledgling hi-tech, digital and IT firms

February 10, 2014
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Growth funding for six of the best of Bath’s fledgling hi-tech, digital and IT firms

Six Bath hi-tech firms have received investment totalling nearly £400,000 from a regional growth fund to help them develop their pioneering products. The businesses – Neighbourly, Clean Energy, Citeab, Tivarri, Envolve Technologies and CloudFind – are based at the city’s SETsquared centre, which supports small, fast-growing innovative businesses, mainly in the hi-tech sector. Centre...

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Pay rises on the way for staff at most firms, survey reveals

February 4, 2014
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Pay rises on the way for staff at most firms, survey reveals

Nearly two thirds of West firms plan to increase wages this year as the region’s economy bounces back from recession, new research shows. This is despite half of the businesses taking part in the Barclays Employers Survey 2014 saying wage pressure from employees was not an issue. However, some 29% said it is a...

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Government business rate package dismissed as ‘a sticking plaster’ as pleas for full reform gather pace

January 29, 2014
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Government business rate package dismissed as ‘a sticking plaster’ as pleas for full reform gather pace

Calls for a full-scale shake-up of business rates continued unabated today despite the Government pledging a £415m package of relief for small firms. The West of England’s largest business group Business West, which runs the Bath Chamber of Commerce, said while it welcomed the announcement, it amounted to little more than “a sticking plaster”...

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Investors In People standard to be delivered by Grant Thornton

January 28, 2014
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Investors In People standard to be delivered by Grant Thornton

Accountants Grant Thornton have been appointed to deliver the Investors In People (IIP) standard across the South of England following a competitive tender process. Grant Thornton, which covers the West region from its office in Bristol, will hold the licence from April 1 for a three-year period. This appointment is a key part of...

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West of England Business of the Year Awards are launched to find region’s best companies

January 24, 2014
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West of England Business of the Year Awards are launched to find region’s best companies

Accountants PwC have launched their annual search for the region’s best companies with the 2014 West of England Business of the Year Awards – the region’s most prestigious business accolades. Previous winners of the awards, now in their 26th year, read like a who’s who of the West’s most-respected companies, including Dyson, MITIE and...

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Interest rate rise would choke off recovery, Business West says, despite fall in jobless

January 23, 2014
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Interest rate rise would choke off recovery, Business West says, despite fall in jobless

Business West, the organisation behind Bath Chamber of Commerce, has called on the Bank of England not to raise interest rates despite a further fall in unemployment across the UK. Welcoming the latest labour market figures – which show the national unemployment rate has fallen to 7.1%, its lowest level since April 2009 –...

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Specialist funder 1pm clocks up huge increase in profits as new business soars

January 21, 2014
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Profits have soared by 84% at 1pm, the Bath-based firm providing finance to small and medium-sized businesses, after it signed up a record number of new customers. Total revenue for the six months to November 30 rose by 37% to £1.95m compared with the same period last year with pre-profits reaching £609,000. The firm,...

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Regional Adviser of the Year title collected by Epoch Wealth Management

January 15, 2014
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Regional Adviser of the Year title collected by Epoch Wealth Management

Bath-based Epoch Wealth Management has been awarded the title Adviser of the Year 2014 for the South West region by respected industry magazine New Model Adviser. Epoch beat off competition from four other shortlisted firms to win the prestigious award at the New Model Adviser Conference in London. This followed an extensive vetting process...

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GE aims for more NHS work after snapping up UK healthcare consultants

January 10, 2014
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Health and social care consultancy Finnamore, which has an office near Bath, has been acquired by GE Healthcare, part of the global GE group. Under the deal, financial details of which have not been released, GE Healthcare’s UK consultancy arm, formerly Performance Solutions UK, becomes GE Healthcare Finnamore. Joint staffing has reached 70, many...

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Record number of trainees taken on by accountants Bishop Fleming’s Bath office

January 8, 2014
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Record number of trainees taken on by accountants Bishop Fleming’s Bath office

The Bath office of West accountants Bishop Fleming has appointed a record number of trainees. The six join shortly after the firm gained the title of Britain’s fourth best accountancy employer. Iain Parnell and Joshua Goode have been appointed as graduate trainees for the three-year qualification as chartered accountants. School leavers Mem Bradley and...

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