Finance

Stronger economy in first half of year fuels increase in South West deal activity

July 22, 2016
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Stronger economy in first half of year fuels increase in South West deal activity

Merger and acquisition activity in the South West climbed by 4.3% in the first half of this year as the economy continued to recover and cash-rich businesses hit the takeover trail. However, the total value of 267 deals was down 15% at £3.08bn against the same period in 2015. And some experts are warning...

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Accountancy firm recognises Bath student talent with its Business & Enterprise Award

July 22, 2016
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Accountancy firm recognises Bath student talent with its Business & Enterprise Award

Regional accountancy group Milsted Langdon has presented its annual Award for Business & Enterprise to two Bath Royal High School students. The firm, which has an office in Bath, sponsors outstanding business achievement at schools in the South West. General practice manager Dan Kenyon attended the school’s recent end-of-term awards day to hand the...

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Business West urges Govt to act as unemployment edges up amid fresh fears of an economic slowdown

July 20, 2016
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Business West urges Govt to act as unemployment edges up amid fresh fears of an economic slowdown

The region’s largest business organisation, Business West, has called for “stability, clarity and action” from the Government after official figures showed a small rise in unemployment across the South West and fears grow of an economic slowdown. The number of people out of work and claiming benefit edged up by 8,000 – or 0.2%...

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PwC promotions in the region underline its commitment to diversity in senior roles

July 14, 2016
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PwC promotions in the region underline its commitment to diversity in senior roles

Nine senior promotions have been made by global accountancy group PwC across its West and Wales offices as it continues to invest in its people and the region. Taking up partner roles are Lynne Baber, who heads up the governance, risk & control business, and Sue Morling, who leads the financial services assurance business....

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Equity partner joins EY’s South West office as its expansion continues

July 14, 2016
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Equity partner joins EY’s South West office as its expansion continues

Accountancy group EY has appointed John Howarth as a new equity partner in its regional office as part of its expansion plans across the South West & Wales. John, pictured, has become an audit partner in the firm’s assurance practice in Bristol, moving from EY’s Reading office where he was an executive director for...

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EU referendum campaign hit Bath’s economy even before result, survey reveals

July 13, 2016
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EU referendum campaign hit Bath’s economy even before result, survey reveals

The bitter EU referendum campaign and fears over its outcome hit Bath firms’ confidence and impacted on the wider economy even before the result to leave was announced, according to the latest survey by Business West, the region’s largest business organisation. On all major indicators, the poll of more than 550 businesses across the...

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Winners named of PwC’s coveted West of England Business of the Year Awards

July 8, 2016
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Winners named of PwC’s coveted West of England Business of the Year Awards

Property services firm Ian Williams and bakery Ministry of Cake are the winners of the region’s most prestigious business awards. The firms came out top at accountants PwC’s annual West of England Business of the Year Awards, which were announced at a gala dinner this week. Chipping Sodbury-based Ian Williams provides a range of...

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State of independence pays off for Chase de Vere with sharp rise in profits

July 8, 2016
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State of independence pays off for Chase de Vere with sharp rise in profits

Annual profits have soared by more than a third at Chase de Vere, the independent financial and corporate advice firm with an office in Bath. The firm chalked up pre-tax profits of £5.34m last year – a rise of 34% – as fee income revenue increased by £1m to £49m. Average fee income per...

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Merger puts Bath finance firms on fast track to growth

July 8, 2016
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Merger puts Bath finance firms on fast track to growth

Bath financial services firms Fidelius and Money Wise have merged to form a major player in the sector. Fidelius, which specialises in wealth management, employee benefits and insurance services, has a turnover of £6.8m and employs 65 people. It will continue to run Money Wise from that firm’s Queen Square office in the short-term....

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Senior tax manager appointed to Bishop Fleming’s fast-growing Bath office

July 7, 2016
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Senior tax manager appointed to Bishop Fleming’s fast-growing Bath office

West of England accountancy firm Bishop Fleming has recruited Stephen Martin as a senior tax manager for its Bath office. Stephen, pictured, is a chartered accountant with more than a decade of experience in the tax profession. He joins from top 10 national accountancy firm Moore Stephens’ London office, where he progressed to associate...

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