Price Bailey Wins Top Accolade

LONDON, November 18, 2010 - At last night's Accountancy Age Awards Dinner, Price Bailey was awarded
'Large Firm of the Year'.

Peter Gillman, Managing Director of Price Bailey Chartered
Accountants, enthused: "It is a great honour to win what is regarded as the
premier award for our profession and it is also a tremendous compliment to
our entire team for their skills, dedication and personality that they bring
to the firm. It is wonderful for everyone to receive this recognition from
others!"

Despite the recession, the firm has flourished and this year
grew 6.8% to GBP15.7m but that is just part of the story.

Internal communication has been improved with an 'Adding Value
Guide' made available to staff through the intranet that also includes a wiki
facility, allowing anybody to add articles, insert comments and amend
existing materials to keep it up to date.

A few years ago the firm changed their approach of the team
towards client relationships by introducing partner contact time and fixed
fee levels which helps to deliver a better service through regular contact by
the client and accountant at no extra cost.

Price Bailey opened an office in Guernsey, which not only
generates income from Guernsey but also facilitates a link to UK clients and
creates fees from work that would previously have been outsourced. Due to
their success in the City of London, earlier this year the practice expanded
by moving into bigger premises in Dashwood House.

Offices have been upgraded and departmental structures
radically changed so that partners and staff are moved around the practice to
where their skills are needed to deliver a premium service to clients, which
is clearly widely valued through the feedback they receive from clients.

A new graduate training programme has been implemented,
providing structured experience across all departments, enabling newly
qualified staff to make an informed decision about career preferences and
provide the firm with highly skilled client facing teams for the longer term.

Overall this firm continues to rise to the challenges in what
are still difficult economic times for the country.

For more press information and photos please contact Melanie Lord, Price Bailey Chartered Accountants, Tel:+44(0)1279-755888, Mob: +44(0)7774-481363, Email: melanie.lord at pricebailey.co.uk