Finance

Mini-Budget 2022: Bath business reaction

September 23, 2022
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Mini-Budget 2022: Bath business reaction

Business groups covering Bath and the West of England this afternoon largely approved of many of the measures in Chancellor Kwasi Kwarteng’s mini-Budget – but the political reaction was less favourable. Business West, the region’s largest business group and the organisation behind Bath Chamber of Commerce, said the announcements would go some way to easing...

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Mini-Budget 2022: Key points . . .

September 23, 2022
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Mini-Budget 2022: Key points . . .

Chancellor Kwasi Kwarteng presented his mini-Budget in the House of Commons this morning against a backdrop of high inflation, soaring energy bills and an economy which, according to the Bank of England, could already be in recession. Key points announced by Mr Kwarteng, pictured, were:  Chancellor says a new approach for a new era is required...

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Pearson May financial round-up

September 23, 2022
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Pearson May financial round-up

Each week Bath accountancy firm Pearson May and Bath Business News team up to bring you the top national finance stories. £1.1bn of Covid-19 loans flagged as fraud The government has published a bounce-back loan scheme performance update. Click here for more information Advisory fuel rates update There has been an increase in advisory fuel rates this month....

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Time Finance overcomes tough conditions to see early signs of success from new strategy

September 22, 2022
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Time Finance overcomes tough conditions to see early signs of success from new strategy

Bath-headquartered alternative funder Time Finance has made “significant progress” in the first year of its four-year transformation plan, its CEO said, despite economic challenge pushing down both annual profits and revenues. However, the group, which specialises in asset, loan and invoice finance products, also said the momentum it achieved at the end of its...

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Top-ranking performance by Bishop Fleming in inaugural ‘power index’ of mid-tier accountants

September 21, 2022
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Top-ranking performance by Bishop Fleming in inaugural ‘power index’ of mid-tier accountants

Regional audit, accounting, tax, and advisory firm Bishop Fleming, which has an office in Bath, has been named among the best mid-size firms in its sector in a new ranking. The inaugural Mid-Tier Power Index has Bishop Fleming in fifth place nationally and the highest ranked in the South West.  The index, launched Accountancy...

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Business groups welcome Govt support scheme for firms as they grapple with soaring energy bills

September 21, 2022
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Business groups welcome Govt support scheme for firms as they grapple with soaring energy bills

The government’s energy support scheme for firms has been welcomed by business groups in Bath as giving them vital breathing space in the face of soaring bills. But Business West, the region’s largest business group and the organisation behind Bath Chamber of Commerce, urged ministers to provide more details of longer-term protection for vulnerable firms beyond the...

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Next week’s sell-out Bath Business Conference to offer firms the chance to shape city’s future

September 16, 2022
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Next week’s sell-out Bath Business Conference to offer firms the chance to shape city’s future

The future of Bath as a vibrant business centre will go under the spotlight next Tuesday at a special conference in the city. The sell-out event, which is being staged by the Bath Business Improvement District (BID), will give firms the opportunity to have their say about the city’s future as an innovative hub...

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Pearson May financial round-up

September 15, 2022
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Pearson May financial round-up

Each week Bath accountancy firm Pearson May and Bath Business News team up to bring you the top national finance stories. Over half of UK adults looking to boost income Cost of living crisis continues to impact personal finances. Find out more here Economy grew by 0.2% in July Soaring inflation contributes to slow growth. Click here for...

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Business West calls for government to shed light on its energy price pledge for inflation-hit firms

September 15, 2022
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Business West calls for government to shed light on its energy price pledge for inflation-hit firms

The government has been urged to give more details about how it intends to help struggling businesses with soaring energy bills a week after assurances its price guarantee plan for consumers would also apply to them. Business West, the region’s largest business group and the organisation behind Bath Chamber of Commerce, welcomed the announcement...

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Record-breaking intake of apprentices at Bishop Fleming as it looks to double its size

September 14, 2022
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Bishop Fleming Induction Week

Regional accountancy and advisory firm Bishop Fleming has welcomed its highest ever number of apprentices into the business. The 60-strong intake – made up of 42 university graduates and 18 school leavers – represents a third year of successive growth in apprentice numbers at the firm, which has an office in Bath, and comes...

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