1pm, the Bath-based specialist small business lender, has stepped in to support a tyre recycling firm with a £100,000 facility under the government-backed coronavirus loan initiative. The financial support for AC Tyres, which offers sustainable tyre disposal services across the UK, is the latest loan arranged by 1pm under the Coronavirus Business Interruption Loan...
Most firms in the South West remain cautious about their prospects as the coronavirus lockdown eases, according to the results of three business surveys released this week – but the region’s small manufacturers appear to be leading the bounce back. The surveys paint a mixed picture of the outlook over the next few months,...
Bath’s investment-hungry tech start-ups can find out how to get the attention of potential funders in a webinar featuring experts from the city next week. Staged by Bristol-based tech investment bank ICON Corporate Finance in association with Bristol-headquartered national law firm Burges Salmon, the free event aims to show how fledgling tech firms can...
Three Bath law firms and some of their top performers have been ranked among the best in the South West for their work with private wealth clients. The latest edition of the High Net Worth Guide from Chambers, the legal directory publisher, names Royds Withy King, Mogers Drewett and Stone King as the three...
Somerset-based fashion label Mulberry has appointed a digital media agency specialising in major luxury brands to target wealthy Chinese consumers. The firm, best known for its upscale leather bags, said ForwardPMX would spearhead brand awareness by using hugely popular Chinese social media platforms such as Weibo and WeChat. Founded in 1971 by Somerset-born designer...
Changes to legislation that will mean individuals can have their Wills witnessed via video links have been welcomed by Bath-headquartered law firm Royds Withy King, which has been using WhatsApp to liaise with clients in this way during lockdown. The government this week said that it will introduce a retrospective law to reassure thousands...
Each week Bath accountancy firm Pearson May and Bath Business News team up to bring you the top national finance stories. Understanding termination payments How payments for redundancy are taxed. Read the guide here Is buy-to-let as attractive as it once was? Weighing up the effects of landlord tax changes. Click here to find out more
The coronavirus pandemic has pushed up the number of profit warnings issued by South West listed businesses to a 20-year high, with those in the travel and leisure sector hardest hit. According to new figures from accountancy group EY, profit warnings soared by 73% year-on-year in the first half of 2020 to 26 – with 85%...
The latest edition of Smith & Williamson’s Enterprise leadership publication profiles Tessa Clarke, Bath-based co-founder & CEO of OLIO. The world has a food waste problem: up to half of the food produced globally is never eaten, equivalent to more than $1trillion dollars-worth. That could readily feed the 800m people across the globe without enough food to live on,...
Government figures showing another monthly fall in corporate insolvencies are hiding the true picture of the damaging effect of the coronavirus pandemic on businesses, according to the South West branch of insolvency and restructuring trade body R3. Insolvency Service statistics for June show 732 company insolvencies in England and Wales, lower than May’s figure...
