Bath-based publishing group Future has sold its Music Division in New York to NewBay Media for $3m (£1.96m). The sale includes US magazines Guitar World, Revolver and Guitar Aficionado and the related websites together with a licence to operate the Golden Gods Awards show in the US. It follows the group's £19.3m annual loss...
1pm, the independent Bath firm providing asset finance to small firms, has reported a 238% rise in pre-tax profits to £214,000 in the six months to November 30. It was achieved on revenue up 31% from £880,000 to £1.15m while its total lease portfolio increased from £9.19m to £10.85m. Highlights included a reduction in bad...
Interest rates have again been pegged at their record low of 0.5% amid growing concerns over weak consumer spending, mixed results from high street retailers and little sign of the expected upturn for manufacturers. The Bank of England’s Monetary Policy Committee (MPC) have now kept rates at 0.5% since March 2009. While some economists...
Business Secretary Vince Cable has officially opened City of Bath College’s new multi-million pound Roper Building. The opening ceremony marked the end of a 10-month construction project to demolish the College’s Kings Building and replace it with state-of-the-art premises on James Street West and Avon Street. The three-storey Roper Building, which links with the...
Public sector staff hit by job cuts are to be helped move into private sector employment under a project to be launched in the region next week. The West of England Local Enterprise Partnership (LEP), which covers Bath and North East Somerset, has teamed up with national recruitment experts Resource Solutions Group (RSG), based...
West Wiltshire businessman Paul Johnson has been appointed as the first chairman of the newly-formed Swindon & Wiltshire Local Enterprise Partnership (LEP). Mr Johnson recently stepped down as chairman of Melksham-based railway engineering group Knorr-Bremse (UK). His appointment was ratified by an independent panel drawn from the local business community and chaired by the...
Vectura, the Chippenham-based specialist pharmaceutical group, is to cut £1m from its research and development budget, it has announced as it told the City that it expects its annual results to be in line with expectations. The group, which specialises in developing inhaled therapies for the treatment of respiratory diseases, said despite the cut...
With less than 200 days to go to the London Olympics and Paralympics, workplace expert Acas is advising West employers to avoid any last-minute hurdles by planning for staff being away from work during the Games. Bosses should start talking now to employees who will be acting as volunteers to manage their time off...
Social enterprises and community organisations in Bath and the surrounding area can win up to £50,000 under a new awards scheme. The Santander Social Enterprise Development Awards (SEDA) have been created as part of the bank’s commitment to supporting small businesses in the UK. Social enterprises play a vital role in local communities, helping...
A new breed of business-to-business exhibition is heading West – one which turns the tables on the traditional and out-dated style of such events. Rabbit 2012, which takes place on March 20, will use the latest technology to give exhibitors and delegates the best opportunities to engage with each other and ultimately grow their...
