Monthly Archives: November 2011

Future slumps to £19.3m loss as US titles struggle

November 25, 2011
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Bath-based publishing group Future has crashed to a £19.3m annual loss as a result of a poor performance by its US printed magazines. The group, which owns around 90 magazines including Total Film, Classic Rock and Fast Car, had made a profit of £5.5m in the previous year. Revenues for the year to the...

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Derelict Jubilee Inn site set for development

November 24, 2011
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Eleven new family homes are to be created on the site of the Jubilee Inn overlooking a picturesque valley on the southern outskirts of Bath. The derelict pub premises on Whiteway Road, Southdown, was affected by fire last year and has now been demolished by new owners Westrock, who are pressing ahead with the development plans. Closed...

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Avon Rubber stays positive despite falling sales

November 24, 2011
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Avon Rubber, the West Wiltshire-based rubber products manufacturer, expects to continue to grow despite a weak economic outlook and a fall in annual sales. Revenue dropped 8% to £107.6m in the year to September 30 at the Melksham group, mainly due to falling orders with the US Department of Defense. The group supplies respirators...

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In Profile: Mulberry founder Roger Saul

November 23, 2011
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Somerset entrepreneur Roger Saul has a track record for creating brands and building businesses from scratch. Here the founder of iconic fashion company Mulberry talks to Anne Gorringe about his passions including a scheme to regenerate Shepton Mallet’s historic Kilver Court, and his ever-supportive family… IT’S strange how life can turn on a twist...

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BIBS welcomes Govt housing plans

November 22, 2011
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Bath Building Society has welcomed the Government’s new housing initiative aimed at kick-starting the UK’s stagnant domestic construction sector. The society, which is already at the forefront of developing innovative mortgages to help new entrants into the housing market, believes the broad perspective of the Government’s policy will create real benefits for the economy...

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£1m boost to Bath small firm lender 1pm

November 22, 2011
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1pm, the Bath-based specialist lender to small and medium-sized businesses, has agreed a £1m increase in the amount it will be able to offer to firms. The increase is a 50% rise on 1pm’s existing block discounting facility with one of its funders. In a statement to the London Stock Exchange, it said the...

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Sales team of the year award for Bath Mercedes-Benz dealer

November 21, 2011
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Sales staff at Bath’s Mercedes-Benz dealership are celebrating being part of the regional group that recently won the manufacturer’s Sales Team of the Year Award. The Peasedown St John dealership is one of the Sytner group of Mercedes-Benz sites in the West judged as having the best UK sales team across a number of...

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Wincanton secures extension to Heinz contracts

November 20, 2011
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Logistics group Wincanton has renewed its warehousing and distribution contracts with food giant Heinz and maintained its position as one of the global brand’s Golden Circle of preferred suppliers. Chippenham-based Wincanton has been transporting around 92m cases of Heinz products a year for the past 15 years. The renewals takes this contract to 2015,...

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Friday Analysis: Localism makes a comeback

November 18, 2011
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The Localism Act, which gives local communities more say about planning and development, was given Royal Assent on Tuesday. But is it good news for Bath and the West region? According to the Chartered Institute of Public Finance and Accountancy (CIPFA), it is an encouraging shift of power from central government to communities. For...

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Sainsbury’s puts Bath’s long-awaited creative hub on track with Green Park Station plan

November 18, 2011
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A much-needed centre for Bath’s burgeoning creative industries could be developed at Green Park Station as part of far-reaching plans announced today. Supermarket giant Sainsbury’s has unveiled its plans for a major investment in the city’s Western Riverside area, opening it up the area to create employment, residential and community space and creating hundreds...

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