Finance

Merry Christmas and a Happy New Year from Bath Business News

December 24, 2015
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Merry Christmas and a Happy New Year from Bath Business News

Bath Business News wishes its readers, subscribers and advertisers a very Merry Christmas and a happy and prosperous New Year. We will continue to provide the city’s most authoritative business news, information and analysis throughout the festive period. Our next weekly Bath Business News e-bulletin will be published on Friday, January 8.

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Recent arrivals boost Monahans’ Trowbridge team

December 23, 2015
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Recent arrivals boost Monahans’ Trowbridge team

West of England chartered accountancy firm Monahans has strengthened its Trowbridge office with two recent appointments. Client portfolio manager Katherine Richards and tax technician David Wright recently joined the firm to work with private and corporate clients. Katherine, pictured, who previously worked at accountants Old Mill’s Melksham office, is advising small and medium-sized businesses...

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Key post-Christmas date in self-assessment calendar could help spread a little New Year tax cheer

December 22, 2015
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Key post-Christmas date in self-assessment calendar could help spread a little New Year tax cheer

Many thousands of people who owe extra tax can effectively ask the taxman to spread the cost – interest free – over 12 months provided they file their online return by December 30. According to experts at accountancy, investment management and tax group Smith & Williamson, many of those who pay tax under self-assessment...

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Rapid expansion this year by Bath SME lender 1pm paves way for more growth in 2016

December 21, 2015
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Bath-based specialist lender 1pm, which has grown rapidly this year, is forecasting further expansion in 2016 on the back of a positive trading update and a better-than-expected contribution from its first acquisition. The firm, which provides finance for small and medium-sized enterprises, said in a trading statement that it wrote new lease and hire...

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NatWest funding for Curo’s Working Well project to help vulnerable young people

December 21, 2015
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NatWest funding for Curo’s Working Well project to help vulnerable young people

Bath-based housing and support organisation Curo is to launch a programme of activities for 100 vulnerable young people who are not in education, employment or training after securing finance from a special fund run by NatWest. The Working Well programme will aim to improve participants’ wellbeing and employability through coaching in cooking, employment goals,...

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‘Transformative’ £132.2m deal completed by Alliance Pharma

December 18, 2015
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‘Transformative’ £132.2m deal completed by Alliance Pharma

Alliance Pharma, the speciality pharmaceutical firm, has completed the £132.2m acquisition of rival Sinclair IS Pharma’s range of skincare products – a move that effectively doubles the size of the business. Exports of the 27 products will widen Chippenham-based Alliance’s global reach from 30 countries to 85. Alliance’s 85 staff in Chippenham will grow...

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Christmas fundraising push for former Bath student’s ingenious irrigation pump

December 14, 2015
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Christmas fundraising push for former Bath student’s ingenious irrigation pump

A University of Bath engineering graduate has launched a Christmas fundraising campaign to provide poor farmers in Africa with an innovative, low-cost irrigation pump designed to help them take their first steps out of poverty. The Flexipump can collect water from a source six metres below ground to spray on crops up to 100...

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Top three finish for Monahans in UK league table of best charity sector accountants

December 10, 2015
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Top three finish for Monahans in UK league table of best charity sector accountants

West of England chartered accountancy firm Monahans has been named as the third best in the country for the service it provides to its charity clients. The firm, which has six offices across the region including Bath, was also placed at number 20 in the annual league table of accountants operating in the UK...

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EY targets region’s key financial services sector for more growth

December 10, 2015
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EY targets region’s key financial services sector for more growth

Accountancy firm EY plans to almost double the size of its South West & Wales financial services practice next year as it targets the key sector for further expansion. The regional financial services team has already grown by nearly 70% over the past year and now employs 80 people at its Bristol base. That...

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Healthy expansion at Bath superfoods firm puts it in table of UK’s fast-growers for second year

December 7, 2015
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Bath-based superfood wholesaler Supernutrients has appeared for the second year running in a prestigious league table of the UK’s fastest-growing businesses. Rising demand for healthy and natural foods helped grow Supernutrients’ annual sales by an average of 86% over the last three years. That placed the firm, which supplies Holland & Barrett and Waitrose,...

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