Specialist personal and commercial insurance broker Advance Insurance Agencies has been acquired by a fast-growing national group. Under the takeover by Jensten Group, Westbury-based Advance will now form a centre of excellence for specialist personal lines, enabling Jensten to offer an expanded service to clients of its Coversure franchises and wholly owned broking operation. The Advance brand will be retained in line...
The events of the past year have led the UK to spend more than £280bn protecting jobs and businesses, with this week’s Budget promising a further £65bn of spending through new loans, grants and the extension of several important schemes. The measures confirmed in the Chancellor’s speech will play an integral role in helping...
This week’s Budget was unprecedented, with much-needed spending pledged to aid the UK’s economic recovery and support businesses and individuals through the pandemic, alongside what will clearly be the first of many future tax raises to help repay the country’s escalating national debt. Although some of the Chancellor’s key announcements had already been reported...
Old Mill, the South West accountancy and finance firm, is celebrating a double success – a 100% success rate among its students sitting their exams and the promotion of its tax director to head of tax after just four years working in the specialist area. David Maslen, pictured, joined Old Mill, which employs nearly...
Bath accountancy firm Pearson May teams up with Bath Business News each week to bring you the top national finance stories. Here we look at some of the measures announced in this week’s Budget. Covid-19 support: Furlough and SEISS extended to September Recovery loan scheme, restart grants and business rates. Click here to find out more Other Budget...
West of England business leaders have given many of the measures in today’s Budget a warm welcome – especially the previously-trailed furlough extension – but there was also concern over the delayed Corporation Tax increase. Business West, which runs Bath Chamber of Commerce, said businesses would welcome the extension of the full range of...
The CBI said Chancellor Rishi Sunak’s decision to hike Corporation Tax to 25% in one leap – the first increase since 1974 – would “cause a sharp intake of breath” for many businesses. It also warned that the move – which is planned to come into effect in 2023 – sent a worrying signal to those...
Chancellor Rishi Sunak has delivered his Budget this afternoon. The main points are: No rise in VAT, income tax or national insurance Corporation tax to rise from 19% to 25% from 2023 but only 10% largest companies will pay, Chancellor claims ‘Super deduction’ in tax for companies that invest in innovation Eight ‘Freeports’ established to deliver ‘an unprecedented economic...
Bath-headquartered law firm Stone King has teamed up with Bath Spa University and Citizens Advice B&NES to launch a free legal clinic in the city as part of a new long-term strategic partnership. The Bath Law Clinic will enable residents to access top-quality legal advice while at the same time developing work experience opportunities...
The Bath and Bristol region has been named as one of the UK’s emerging fintech clusters with the potential to help develop further the country’s status as a global powerhouse for the fast-growth sector. The region – already the UK’s leading tech cluster outside London – features among the top 10 areas in the FinTech Strategic...
