Finance

‘No deal’ must be ruled out, urges Business West, as it warns of rising anger among firms over Brexit

January 16, 2019
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‘No deal’ must be ruled out, urges Business West, as it warns of rising anger among firms over Brexit

The “overriding priority” for both the government and Parliament must be to avoid a no deal Brexit following this week’s overwhelming defeat of the Prime Minister’s deal, the region’s largest business organisation has said. Business West, which runs Bath Chamber of Commerce, said firms in the region now found themselves “facing the unwelcome prospect...

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Survey shows sales and orders under pressure as West businesses lose faith in Govt’s Brexit plan

January 14, 2019
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Survey shows sales and orders under pressure as West businesses lose faith in Govt’s Brexit plan

Nearly 40% of West of England business owners back a second Brexit referendum while just one in 10 is confident the government will secure a good deal for the UK, according to the region’s largest business survey. Worryingly, more than 40% of the senior managers and directors taking part did not know whether their...

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Ambitious growth planned by Bath investment firm following merger with rival

January 14, 2019
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Ambitious growth planned by Bath investment firm following merger with rival

Bath-based boutique investment house Apollo Multi Asset Management is aiming to expand nearly five-fold after merging with a rival. Apollo has combined with Surrey-based Total Wealth Management (TWP) to create a full-service wealth proposition with £450m of assets under management. The merged firm now has ambitions to grow its managed asset portfolio to £2bn....

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National acclaim for West of England project to encourage scale-up businesses

January 14, 2019
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National acclaim for West of England project to encourage scale-up businesses

An innovative scheme encouraging and supporting Bath scale-up businesses has been praised by industry experts as a role model for other parts of the country.   The ScaleUp Institute, a company which aims to make the UK the best place in the world to develop a thriving business, said the West of England Growth...

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CBI leader urges govt to rule out no deal Brexit on visit to West of England

January 11, 2019
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CBI leader urges govt to rule out no deal Brexit on visit to West of England

The director-general of the CBI used a visit to the West of England on Friday to warn that a no deal Brexit would hit its manufacturing and services industries hard as well as scuppering vital export deals. Speaking to a gathering of senior business figures in Bristol, Carolyn Fairbairn, pictured, urged the government to...

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No conundrum as TV presenter Nick Hewer agrees to host Fair Trade Business Awards

January 8, 2019
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No conundrum as TV presenter Nick Hewer agrees to host Fair Trade Business Awards

Countdown presenter Nick Hewer is to host this year’s South West Fair Trade Business Awards. Nick, pictured, who was also Sir Alan Sugar’s former right-hand man on The Apprentice, is a long-running supporter of ethical business and a patron of The Fairtrade Foundation. He will help present the awards – now in their seventh...

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Pearson May Financial Update: The clock is ticking on self-assessment tax return deadline

January 7, 2019
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Pearson May Financial Update: The clock is ticking on self-assessment tax return deadline

As I am sure most people are aware, January 31, 2019, is the online filing deadline for tax returns for the year ended April 5, 2018, writes Pearson May partner Matthew Rutter BSc (Hons) FCA CTA.    If you are within the self-assessment regime and therefore required to file a tax return for 2017/18,...

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Chance for Bath firms to shape future of skills in the region as shortages begin to hit

January 4, 2019
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Chance for Bath firms to shape future of skills in the region as shortages begin to hit

Bath area firms are being urged to take part in the region’s largest survey on skills shortages as the issue once again becomes one of the most critical factors for the West of England economy’s continued success. The survey – conducted by Business West, the region’s largest business organisation – is being held as...

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Pearson May weekly financial round-up

January 3, 2019
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Pearson May weekly financial round-up

Each week Bath accountancy firm Pearson May and Bath Business News team up to bring you the top national finance stories. We kick off the new year with . . . Five tax-planning tips for 2019 What could be in store for you in the next 12 months? Click here to find out Setting...

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Senior appointment for private equity firm Maven’s South West office

December 31, 2018
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Senior appointment for private equity firm Maven’s South West office

National private equity house Maven Capital Partners has further expanded its South West and Wales investment team with the appointment of Gareth Price as an investment director. Gareth, pictured, is responsible for sourcing VCT (Venture Capital Trust) opportunities and investments for Maven’s MBO (management buyout) fund, and its private equity co-investor partner network in...

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