Finance

Novia says its sale to European private equity group will spur faster growth

December 18, 2020
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Novia says its sale to European private equity group will spur faster growth

Bath-based financial services firm Novia is predicting a step change in its growth next year after being acquired by one of Europe’s top private equity firms. One of Bath’s highest profile firms due to its sponsorship of Bath Rugby, Novia – which delivers market leading investment technology and service to advisers and their clients...

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Bath Unlimited’s development supported by University of Bath MBA students

December 18, 2020
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Bath Unlimited’s development supported by University of Bath MBA students

University of Bath MBA students have worked with the Bath Unlimited initiative to support it in developing its strategy, with their research underlining the city’s strong quality of life, its support for business start-ups and the strength of its financial and defence sectors.  Bath Unlimited was launched in October to support the economic development...

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Hopes that new Bath-filmed period drama will serve up boost for city’s Covid-hit hospitality industry

December 17, 2020
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Hopes that new Bath-filmed period drama will serve up boost for city’s Covid-hit hospitality industry

Bath’s beleaguered hospitality industry is hoping for a boost in visitor numbers next year after a major TV period drama series filmed in the city premieres on Christmas Day. Bridgerton, described as a witty, romantic, emotional and thoroughly modern take on the Regency era, will be screened on Netflix over eight episodes.  Although set...

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Milsted Langdon advises on sale of ethical waste management firm to national group

December 16, 2020
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Milsted Langdon advises on sale of ethical waste management firm to national group

Regional accountancy firm Milsted Langdon, which has an office in Bath, has helped awith the sale of a Bristol-based ethical waste management company to a national market leader. Waste Source was launched in 2010 to make waste disposal a simpler, cheaper and more effective process so businesses could reduce their waste costs and increase...

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Bath Business Blog: John Grace, compliance & risk manager, Mogers Drewett. When a corporate Christmas gift becomes a bribe

December 14, 2020
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Bath Business Blog: John Grace, compliance & risk manager, Mogers Drewett. When a corporate Christmas gift becomes a bribe

This article may sound like humbug, but not all Christmas presents should be treated equally! The Bribery Act 2010 introduced a new regime by which all corporate hospitality or gifts had to be reasonable and proportionate. Given the current pandemic, not much hospitality is probably going on, but that does stop the giving of...

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Redde ready for recovery after being hit by lack of traffic accidents due to lockdowns

December 11, 2020
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Redde ready for recovery after being hit by lack of traffic accidents due to lockdowns

Bath-based specialist vehicle accident management group Redde has continued to feel the impact of Covid-19 as quieter roads have resulted in fewer prangs. But its acquisitive parent group, whose interests span the vehicle hire, repair and salvage markets, said it was bouncing back strongly from the pandemic.  Redde, formerly known as Helphire and an...

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Government financial support for locked down firms covered just quarter of their costs, survey shows

December 11, 2020
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Government financial support for locked down firms covered just quarter of their costs, survey shows

Bath firms have slammed government financial support for businesses forced to close during the most recent lockdown as grossly inadequate. Some 54% of West of England businesses that were shuttered during November – including restaurants, cafes and non-essential retailers – said the financial assistance covered less than a quarter of their overheads, a new...

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Two client partners join insurance broker start-up as it goes for growth

December 11, 2020
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Partners&, the recently launched chartered insurance broker with an office on the outskirts of Bath, has appointed two new client partners as it continues to build its team.  Based at Dyrham, Partners&, which counts Chris Jelf, the founder of the Jelf insurance group among its directors, describes itself as a new style of insurance...

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Rebrand for small business funder 1pm as it calls time on its ‘buy-and-build’ strategy

December 10, 2020
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Rebrand for small business funder 1pm as it calls time on its ‘buy-and-build’ strategy

1pm, the Bath-based independent specialist finance provider, has changed its name to Time Finance in a move it said reflected it becoming a unified brand that delivers a comprehensive financing solution to small and medium-sized UK businesses. The rebranding follows the recent completion of a ‘buy-and-build’ phase of 1pm’s strategic expansion, it said.  The...

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Pearson May weekly financial round-up

December 10, 2020
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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 you the top national finance stories. Party on? How to keep the Christmas spirit alive  Does the tax break still apply to Christmas parties in 2020? Click here to find out Clock ticks towards 2019/20 self-assessment deadline The 2019/20 deadline is on or...

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