Finance

New research shows South West tech firms predict strong growth

February 13, 2015
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New research shows South West tech firms predict strong growth

South West tech firms are poised to grow at four times the rate of the economy this year, according to new research. Some 58% of the firms quizzed as part of Barclays’ Fast Growth Tech survey said they expect their business to grow by up to 10%, with 19% forecasting growth of between 10%...

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Search gets under way to find the South West’s top business leaders

February 10, 2015
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Search gets under way to find the South West’s top business leaders

Firms in the Bristol area are being urged to enter one of the region’s top award schemes showcasing excellence and enterprise in business. The prestigious Institute of Directors’ South West Director of the Year Awards 2015 seek to recognise outstanding business people and focus UK-wide attention on success in the region. Award nominations are...

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Industry awards shortlisting for Nationwide smartwatch app developed by Bath tech firm IPL

February 6, 2015
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Industry awards shortlisting for Nationwide smartwatch app developed by Bath tech firm IPL

A voice-recognition smartwatch banking app developed by Bath-based IT services firm IPL for building society Nationwide is in the running for two top industry awards. The cutting-edge app, built in less than a month, enabled Nationwide to become the UK’s first financial service provider to offer its customers real-time balances on Android watches. Working...

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Old Mill duo shine as regional stars in chartered accountant exams

February 4, 2015
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Old Mill duo shine as regional stars in chartered accountant exams

Accountancy and financial planning firm Old Mill, which has offices in Melksham and Wells, is celebrating two of its staff achieving top marks in the South West in their ICAEW ACA (Associate Chartered Accountant) qualifications. Bradley Horton and Chris Bennett were among six staff from Old Mill to gain the qualification. Bradley, who has worked...

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£13m investment for innovative firm developing rapid testing for infectious disease

January 30, 2015
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£13m investment for innovative firm developing rapid testing for infectious disease

Trowbridge-based health diagnostic company Atlas Genetics has received a $20m (£13.3m) investment to expand the range of its latest innovative infectious disease testing devices and launch in the US. The firm, which was set up in 2005, has developed pioneering ultra-rapid point-of-care (POC) tests for STI (sexually transmitted infections). Its latest system – called...

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New partner joins EY’s expanding South West tax practice

January 20, 2015
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New partner joins EY’s expanding South West tax practice

Big Four accountancy firm EY has appointed Karen Kirkwood as a partner to lead its South West tax practice as it continues to expand the team. Karen, pictured, has 20 years’ experience providing tax advice to a broad range of companies and private equity backed businesses. She joins  from PwC in London and will...

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Further growth for 1pm with half-year profits and sales up – but it warns they will be lower next time

January 20, 2015
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Further growth for 1pm with half-year profits and sales up – but it warns they will be lower next time

Pre-tax profits at 1pm, the fast-growing Bath-based specialist lender, rose by 25% to £700,000 in the six months to November 30, it announced this week. The profits rise came on sales up 31% to £2.56m as the firm’s expansion continued. New business written during the period was up 36% on the same period last...

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Former head of BDO in South West appointed to lead restructuring firm Quantuma’s move into the region

January 18, 2015
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Former head of BDO in South West appointed to lead restructuring firm Quantuma’s move into the region

Specialist restructuring firm Quantuma has expanded into the South West with an office headed by former BDO regional head Graham Randall. The firm, which already operates from bases in Southampton, Marlow, London and Brighton, has opened a Bristol office to provide specialised restructuring advice on all forms of insolvency procedures. Until recently Mr Randall,...

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Jobs to be created by Bath finance firm 1pm following move to bigger office

January 16, 2015
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Jobs to be created by Bath finance firm 1pm following move to bigger office

1pm, the Bath-based lender to the small and medium-sized business sector, is poised for further expansion after completing its move to larger premises The fast-growing firm has taken just over 4,000 sq ft of refurbished office space in St James House, The Square, on Lower Bristol Road and will now go ahead with plans...

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Bath businessman joins board of regional investment firm as it targets local companies

January 16, 2015
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Bath businessman joins board of regional investment firm as it targets local companies

Bath businessman Graham Miller has been appointed by alternative finance provider South West Investment Group (SWIG) Capital as a non-executive director to the board of its fund-holding arm. Mr Miller, pictured, a non-executive director of Bath-based IT services group IPL, joins the group as it looks to raise its profile in the West of...

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