Finance

More growth for PwC in region with six new directors and raft of senior promotions

January 28, 2021
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More growth for PwC in region with six new directors and raft of senior promotions

PwC, the Global accountancy group, has promoted five senior managers into director roles in its West & Wales practice and hired a sixth as it continues its investment in the region. The group, which covers from the region from offices in Bristol and Cardiff, has also made 15 promotions to senior manager and 34...

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Funding from three banks helps Bath Ales’ parent group survive Covid-19 and plan for the future

January 27, 2021
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Funding from three banks helps Bath Ales’ parent group survive Covid-19 and plan for the future

Bath Ales’ parent company has secured new funding from its lenders to help it withstand the challenges of Covid-19 and allow it to invest for the future. St Austell, which makes beers including Tribute bitter, Proper Job IPA and Korev lager brands, and owns a portfolio of more than 180 pubs, inns and hotels,...

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Bath Business Blog: Claire Burden and Tim Sloggett, Smith & Williamson turnaround and rescue experts. Get match fit for 2021

January 24, 2021
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Bath Business Blog: Claire Burden and Tim Sloggett, Smith & Williamson turnaround and rescue experts. Get match fit for 2021

It has been great to see many businesses adapt and thrive throughout the pandemic, while for those facing ongoing uncertainty and challenges, the roll-out of the Covid-19 vaccines now provides some welcome light at the end of the tunnel. However, the future still remains uncertain for many. These businesses still have time to take...

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Actual Experience aiming to raise £10m to take advantage of Covid-linked home working boom

January 22, 2021
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Actual Experience aiming to raise £10m to take advantage of Covid-linked home working boom

Actual Experience, the world-leading Bath advanced analytics firm, is looking to bring in £10m through a share issue to capitalise on new market opportunities created, in part, by the coronavirus pandemic. Actual Experience said its change last year from offering managed services to professional services coincided with many businesses adapting new ways, including remote...

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Financial support on the cards for hundreds of Bath businesses hit by current lockdown

January 22, 2021
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Financial support on the cards for hundreds of Bath businesses hit by current lockdown

More than 1,600 businesses across Bath and North East Somerset forced to close because of the current national Covid-19 restrictions are in line for thousands of pounds in government grants. Bath & North East Somerset Council (B&NES) has emailed all businesses that previously received discretionary grants during November’s national lockdown to let them know...

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Mentors sought to support Bath Spa Uni graduates as jobs market gets tougher

January 22, 2021
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Mentors sought to support Bath Spa Uni graduates as jobs market gets tougher

Bath Spa University is calling on businesspeople based in the city to become mentors to its graduates as they begin to find it harder than ever to join the workforce. The university has launched its scheme MentorMe following an 11% increase in the take up of mentoring since last year.  It is now recruiting...

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New CEO to join Quartet Community Foundation as it steps up Covid-related support

January 22, 2021
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New CEO to join Quartet Community Foundation as it steps up Covid-related support

Quartet, the community foundation covering Bath and the West of England, has appointed Suzanne Rolt as its new CEO. Suzanne, pictured, has nearly 15 years’ experience in charity leadership, having led Bristol’s iconic music venue St George’s as director and CEO since 2006.  She will join Quartet as it is on course for another record-breaking...

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Record year for BGF’s regional office, despite Covid-19, with investments reaching £67m

January 22, 2021
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BGF_Logogradient

Investment group BGF’s South West team overcame challenges sparked by the coronavirus pandemic to invest a record amount last year. Some £67m was injected into businesses in 2020 – up on the £37m achieved in 2019 and overtaking the previous record of £50m in 2018.  The new investments take BGF’s total funding in the...

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Bath Business Blog: Tim Close, insolvency partner, Milsted Langdon. Businesses must seek help now if they fear insolvency

January 21, 2021
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Bath Business Blog: Tim Close, insolvency partner, Milsted Langdon. Businesses must seek help now if they fear insolvency

Recently released research from the Federation of Small Businesses (FSB) has indicated that as many as 250,000 small businesses could collapse in the next 12 months. Whilst many businesses affected by the latest national lockdown are receiving assistance via the various government financial support measures, such as the furlough scheme, grants and loans, Milsted...

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Business West calls on government to act now and extend business rates relief for struggling firms

January 21, 2021
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Business West calls on government to act now and extend business rates relief for struggling firms

Chancellor Rishi Sunak has been urged to extend business rates relief beyond its March 31 cut-off point to avoid further pressure on firms struggling from lockdown restrictions. The call has come from Business West, the region’s largest business group and the organisation behind Bath Chamber of Commerce.  Businesses in the retail, hospitality and leisure...

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