Finance

Novia sells web development joint venture to insurance giant Aegon

December 31, 2013
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Novia sells web development joint venture to insurance giant Aegon

Bath-based Novia Financial Holdings has sold its Novia Investment Services joint venture to partner Aegon UK, part of one of the world’s largest life insurance and pensions groups. The deal, for an undisclosed sum and subject to regulatory approval, means development work on Aegon’s website Aegon Retirement Choices will be taken in-house. Novia Investment Services...

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Monahans’ webinar will tease out the devil in the detail of Chancellor’s Autumn Statement

December 18, 2013
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Monahans’ webinar will tease out the devil in the detail of Chancellor’s Autumn Statement

West accountancy firm Monahans is to stage a webinar dedicated to examining the finer details of Chancellor George Osborne’s recent Autumn Statement. The webinar will be broadcast live on Thursday January 16 at 12:30pm, allowing participants to interact directly with Monahans corporate tax partner Dominic Bourquin, pictured, and ask him questions. The free, 15-minute...

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Firms still concerned about inflation despite fall, says Business West

December 18, 2013
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Firms still concerned about inflation despite fall, says Business West

Inflation remains a concern for West businesses despite November’s small decrease, according to the region’s largest business organisation. The annual rate of inflation dropped from 2.2% to 2.1% last month as falls in the cost of food, gas and electricity prices took effect. But Phil Smith, pictured, managing director of Business West, which runs...

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Strong bounce back by businesses points to steady growth in 2014

December 16, 2013
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Strong bounce back by businesses points to steady growth in 2014

Business confidence is running at its highest level for more than three years as the recovery gathers pace and firms put austerity behind them at last. Manufacturers in particular are upbeat about their prospects going into the new year, according to the latest Business Trends report by accountants BDO. Optimism among manufacturers, driven by...

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What’s the big idea? Bath firms urged to come up with suggestions to spark jobs and growth

December 16, 2013
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What’s the big idea? Bath firms urged to come up with suggestions to spark jobs and growth

Ideas on the best way to create sustainable jobs and growth across the West of England are being invited from Bath firms. The Local Enterprise Partnership (LEP) today launches a six-week public consultation on its Strategic Economic Plan (SEP) – a blueprint for growth over the next six years. The Government has challenged England’s...

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Strong growth forecast at 1pm sends share higher

December 11, 2013
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Strong growth forecast at 1pm sends share higher

Shares in 1pm, the Bath-based specialist funder, climbed strongly today after it said it is on target to achieve significant revenue and profits growth. In a trading statement to the London Stock Exchange, the AIM market-listed firm also said it continued to enjoy strong demand, writing more than £5m of new business during the first...

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Old Mill accountant adds top Money Management award to his trophy haul

December 10, 2013
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Old Mill accountant adds top Money Management award to his trophy haul

Duncan Parkes, head of compliance at West accountants and financial planners Old Mill, has been named Protection Planner of the Year by the Financial Times’ Money Management magazine. Duncan had to go through a rigorous judging process to win the title, including providing a solution to a real-life financial problem set by industry experts....

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Recognition for Bath wealth management firm Epoch’s commitment to highest standards

November 28, 2013
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Recognition for Bath wealth management firm Epoch’s commitment to highest standards

Bath-based Epoch Wealth Management has been awarded the Chartered Insurance Institute’s prestigious Corporate Chartered status – widely regarded as the gold standard for the financial services industry. Epoch joins 575 other financial planning firms across the UK in being awarded chartered status, which demonstrates its commitment to delivering the very highest professional and ethical standards...

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Far-reaching LEP plan puts West of England’s innovation at heart of growth agenda

November 22, 2013
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Far-reaching LEP plan puts West of England’s innovation at heart of growth agenda

An ambitious plan is being drawn up to harness Bath and the West of England’s creativity and innovation to potentially create more than 100,000 jobs over the next 17 years. The emphasis will be on five key sectors spanning digital to aerospace, and in which the area is already strong, to drive growth and...

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Barclays part funds Norton Radstock College campus upgrade

November 20, 2013
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Barclays part funds Norton Radstock College campus upgrade

Barclays has provided a £1.5m finance facility to help Norton Radstock College achieve its £3m campus upgrade. The package has helped fund the construction of a 26,167 sq ft two-storey building at the further education college in Radstock, replacing the 1950s North Side Building. More than 1,000 full and 5,000 part-time students undertaking a...

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