Finance

Bishop Fleming looking to make it third time lucky in national payroll Excellence Awards

September 28, 2021
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Bishop Fleming looking to make it third time lucky in national payroll Excellence Awards

The payroll team at regional accountancy firm Bishop Fleming has been shortlisted in a highly regarded national award scheme for the third year running. The firm, which has an office in Bath, is competing in the ‘Payroll Service Provider of The Year’ category of the National Annual Excellence Awards staged by the Chartered Institute...

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Time Finance CEO ‘cautiously optimistic’ as rebrand puts firm ahead in competitive market

September 24, 2021
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Time Finance CEO ‘cautiously optimistic’ as rebrand puts firm ahead in competitive market

Rebranding last year when the pandemic was at its worst paid off, the CEO of Bath-headquartered specialist lender Time Finance has said as the firm reported higher annual profits and an improved cash position. The new brand for the business, previously known as 1pm, had created a clear identity in a crowded and competitive market and...

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£3m investment by global IT group puts Bath cloud pioneer on path for more growth

September 24, 2021
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£3m investment by global IT group puts Bath cloud pioneer on path for more growth

Bath-headquartered cloud services company Cloud Direct is poised for further expansion after receiving a £3m strategic investment from international IT group Crayon. Listed on the Oslo Stock Exchange, Crayon Group employs more than 2,000 people in 35 countries. The deal gives it an unspecified minority stake in Cloud Direct, one of the UK’s leading...

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Bath Uni-backed SETsquared incubator grows with Cardiff University joining as sixth member

September 23, 2021
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Bath Uni-backed SETsquared incubator grows with Cardiff University joining as sixth member

SETsquared, the globally acclaimed, University of Bath-supported business incubator, has expanded with the addition of Cardiff University. Cardiff has become the sixth member of the partnership, which has been named three times as the world’s number one university business incubator.  SETsquared was set up in 2002 by a small group of research-intensive universities in...

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Business West hoping its Great British food export platform tastes success in global Chamber awards

September 22, 2021
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Business West hoping its Great British food export platform tastes success in global Chamber awards

A scheme originally set up by regional group Business West to help food firms from across the South West sell abroad is competing for a prestigious international award. The online platform’s aim was initially to close the exporting gap with other UK regions.  Now rebranded as The Great British Food Programme, it has evolved...

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Ex-RBS head of invoice finance joins Bibby Financial Services as it targets growth in the South West

September 22, 2021
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Ex-RBS head of invoice finance joins Bibby Financial Services as it targets growth in the South West

Specialist funder Bibby Financial Services has appointed Steve Bentley as head of sales for the South West to consolidate its support for the region’s small and medium-sized businesses. Steve, pictured, has more than 35 years’ experience in the financial services industry, with more than half spent specialising in invoice finance.  Based in Bristol, he joins...

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Warning for troubled firms as temporary insolvency measures end and insolvencies start to rise

September 21, 2021
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Warning for troubled firms as temporary insolvency measures end and insolvencies start to rise

Businesses in Bath are being urged to seek advice if they are concerned about the lifting of temporary insolvency restrictions. The warning has come from the regional chair of R3, the trade body for restructuring and insolvency professionals, which issued the call after the government decided to begin phasing out its ban on winding...

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Gas price crisis proves market needs urgent shake-up, says renewable energy firm boss

September 20, 2021
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gas

The chief executive of green utility business Good Energy, one of the UK’s oldest 100% renewable power suppliers, today called for major reforms to the crisis-hit energy market as consumers face soaring bills and food shortages and rival firms teeter on the edge of insolvency. Nigel Pocklington, pictured, of Chippenham-headquartered Good Energy said the “risky...

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‘Double whammy’ of Brexit and Covid forces council to scale back Bath’s Christmas Market

September 20, 2021
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‘Double whammy’ of Brexit and Covid forces council to scale back Bath’s Christmas Market

Bath’s Christmas Market is to be drastically reduced this year after being hit by what organisers Bath & North East Somerset Council described as a ‘double whammy’ of Brexit and Covid. The council said these two factors had led to a national shortage of logistics and security staff, as well as specialist equipment, making...

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Pearson May weekly financial round-up

September 16, 2021
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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 the top national finance stories. Employers and employees to pay 1.25% more NICs  Rise in National Insurance to fund development of the health and social care tax. Find out more here Shareholders and directors hit by dividend tax rate rise The three dividend...

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