Finance

New invoice finance head of sales in Wales for Time on strong growth in demand

January 12, 2022
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New invoice finance head of sales in Wales for Time on strong growth in demand

Time Finance, the Bath-headquartered alternative finance provider, has appointed Michael Freebury as head of sales in its invoice finance team to drive growth in Wales.   The move comes as the firm reports a significant rise in demand for invoice finance over the past few months.  Time Finance said the move also reflected a...

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Supply chain disruption hitting firms, survey shows, but confidence for 2022 is high

January 7, 2022
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Supply chain disruption hitting firms, survey shows, but confidence for 2022 is high

More than three-quarters of manufacturing firms across the West of England have been affected by delays or other disruption when importing supplies or goods, according to the latest economic survey by the regions largest business group. Two-thirds of all importers have also been affected, triggering a fear among many firms that their prospects will...

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Accountants go all out to raise £20,000 for group of local charities

January 7, 2022
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Accountants go all out to raise £20,000 for group of local charities

Raffles, quiz nights, walks and other challenges helped accountancy practice Gooding Accounts raise more than £20,000 for local charities last year.   The firm, which has offices in Westbury, Warminster and Melksham, donated the money to Wiltshire Air Ambulance, Dorothy House Hospice Care, Julia’s House Children’s Hospice and mental health charity Wiltshire Mind.  More...

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Business West managing director Phil Smith: 2022 will be a year of challenges but also opportunities

January 5, 2022
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Business West managing director Phil Smith: 2022 will be a year of challenges but also opportunities

With the ongoing impact of the pandemic, climate change and Brexit, 2022 will be another tough year for many Bath businesses. Phil Smith, managing director of Business West – the organisation behind Bath Chamber of Commerce and the Bath and North East Somerset Initiative – looks at the needs and challenges for this year? ...

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Debbie Boulton takes up role as Richardson Swift’s first managing director following rapid expansion

January 4, 2022
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Debbie Boulton takes up role as Richardson Swift’s first managing director following rapid expansion

Bath-based accountancy firm Richardson Swift has appointed Debbie Boulton as its first managing director.   Debbie, pictured, has been a director of the firm for seven years and takes up the new role this month.  Richardson Swift director Derek Swift, who co-founded the business with Mike Richardson in 2009, said the decision to promote...

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£100m investment for Truespeed to accelerate its roll-out across the South West

January 4, 2022
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£100m investment for Truespeed to accelerate its roll-out across the South West

Bath-based broadband provider Truespeed is poised for further expansion after securing £100m from Aviva Investors – its largest funding since its launch nearly eight years ago.   It is the second investment from the global asset management arm of UK-based insurance giant Aviva and follows on from the £75m it invested in Truespeed in...

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New audit partner for Mazars’ South West office after year of strong growth

December 22, 2021
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New audit partner for Mazars’ South West office after year of strong growth

International audit, tax and advisory firm Mazars has strengthened its team in the region with the promotion of Jon Barnard to audit partner and a major intake of new trainees. Jon, pictured, joined Mazars’ South West office in Bristol nearly 17 years ago as a student chartered accountant and has worked there ever since, including...

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Mixed views over government’s latest £1bn package for Covid-hit businesses

December 21, 2021
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Mixed views over government’s latest £1bn package for Covid-hit businesses

Additional support announced shortly before Christmas by Chancellor Rishi Sunak for businesses impacted by the Omicron variant were welcomed by business groups as well as Bath & North East Somerset Council – although some in the hospitality sector dismissed it as “too little, too late”.   The £1bn package is mostly aimed at hospitality and...

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Plea to help Bath firms as they face chilling prospect of another Covid-hit Christmas

December 17, 2021
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Plea to help Bath firms as they face chilling prospect of another Covid-hit Christmas

The Chancellor must step up and provide an urgent package of measures to support Bath businesses as they suffer the effects of another Covid-hit Christmas, according to West of England Metro Mayor Dan Norris.   He has called for a package of support until the end of January to get businesses across the region...

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Time for caution over Covid economic fallout, specialist finance group says, despite strong trading

December 16, 2021
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Time for caution over Covid economic fallout, specialist finance group says, despite strong trading

Bosses at Time Finance, the Bath-headquartered alternative finance provider, have said they remain “vigilant and cautious” over the economic impact of the pandemic despite a strong ending its recent half year trading period.   The group, which specialises in asset, loan and invoice finance products, closed the six months to November 30 with a...

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