Finance

Plea for old computers to boost local dementia charity’s funds

April 7, 2016
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Plea for old computers to boost local dementia charity’s funds

Firms are being urged to donate their old computers and help raise much-needed money for a locally based charity. The call has come from Trowbridge-based Priority IT, which is refurbishing second-hand computers for sale and giving the proceeds to its chosen charity, Alzheimer’s Support.  The scheme is proving so successful that the specialist IT...

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Investment group BGF grows regional team to meet increased demand for funding

April 5, 2016
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Investment group BGF grows regional team to meet increased demand for funding

The South West and Thames Valley investment team of BGF (Business Growth Fund) has expanded with the appointment of Alex Snodgrass. Alex, pictured, is the latest addition to the 10-strong team, which is responsible for identifying investment opportunities and managing the deal process from origination through to completion. Alex has more than 10 years’...

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Region’s smaller law firms rival London’s for profits growth, report shows

April 5, 2016
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Region’s smaller law firms rival London’s for profits growth, report shows

The West of England’s small and medium-sized law firms are among the most profitable in the UK having achieved an average 26% increase in their margins last year, new research has revealed. The continued expansion of the region’s legal sector now places it second only to London for profit growth, according to the report...

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Bath Building Society overcomes historic low base rates to increase profits and assets

April 1, 2016
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Bath Building Society overcomes historic low base rates to increase profits and assets

Profits at Bath Building Society grew by more than 10% last year and its reserves by nearly 14% despite historic low interest rates. The mutual society’s mortgage book increased by nearly 4% to a record high of £226.9m with gross mortgage lending up £3.5m at £40.9m. Assets rose by 4.8% to £292.6m, with reserves...

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New survey reveals West bosses evenly split over EU as backing for Brexit grows

March 31, 2016
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New survey reveals West bosses evenly split over EU as backing for Brexit grows

Support for Brexit has increased markedly among South West business leaders over the past year, according to a new survey, leaving the region’s bosses sharply divided on the vital issue of EU membership. The business poll, conducted by growth capital firm BGF (Business Growth Fund), shows 52% of the region’s business leaders believe British...

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Epoch in the running for coveted national adviser of the year title

March 31, 2016
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Epoch in the running for coveted national adviser of the year title

Bath-based Epoch Wealth Management has been shortlisted for a prestigious industry award. The firm is one of only nine national finalists competing for the hotly contested title of Adviser Firm of the Year at the Money Marketing Financial Services Awards 2016. The top category in the awards, it only goes to the very best...

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BDO appoints new head of medical services to lead its South West team

March 30, 2016
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BDO appoints new head of medical services to lead its South West team

Accountancy and advisory firm BDO has promoted Shirley Whittle to the post of head of its medical services team in the region. Shirley, pictured, who has nearly two decades’ experience in the medical services sector, advises clients across the South West and Wales. She joined BDO in 2013 when it merged with mid-tier rival...

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Abbey Hotel owners acquire former Carfax Hotel and unveil plans to turn it into luxury venue

March 24, 2016
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Abbey Hotel owners acquire former Carfax Hotel and unveil plans to turn it into luxury venue

Bath’s former Grade I listed Carfax Hotel has been acquired by the owners of the city’s Abbey Hotel and will now be transformed into a luxury boutique hotel. The acquisition by Ian and Christa Taylor, who also own Villa Magdala, ends speculation over the future of the 31-bedroom the Georgian building on Great Pulteney...

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Scheme seeking business mentors to build powerful connections between firms and education

March 24, 2016
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Scheme seeking business mentors to build powerful connections between firms and education

Volunteers are being sought from Bath businesses to support schools careers and enterprise strategies across the West of England. The West of England Local Enterprise Partnership (LEP) is taking part in the first wave of a new government-led national programme to unlock the potential of young people aged between 12 and 18. The LEP,...

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Record dividend at Andrews Property Group to fund charitable projects

March 24, 2016
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Record dividend at Andrews Property Group to fund charitable projects

Estate agency and property group Andrews has paid out a record £633,000 in dividends to the three charitable trusts that own it. The trusts will use the payments to fund a range of community projects, with a number aimed at young people. The Keynsham-based group, which has branches stretching from Kent, Sussex and Surrey...

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