Blog Archives

Inspecs eyeing up further takeovers as last year’s acquisitions transform its fortunes

September 10, 2021
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Inspecs eyeing up further takeovers as last year’s acquisitions transform its fortunes

Bath-based glasses designer and manufacturer Inspecs achieved a 562% increase in revenue in the first half of this year after reaping the rewards of the two acquisitions it made in 2020 – and is now on the lookout for more. The firm said it was working with its advisors to identify potential targets as...

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Pioneering low-cost washing machines bound for Iraqi refugee camps, thanks to Business West

September 10, 2021
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Pioneering low-cost washing machines bound for Iraqi refugee camps, thanks to Business West

Regional business support organisation Business West has helped innovative hand-cranked washing machines developed by a former University of Bath student reach refugee camps in Iraq. The Washing Machine Project was founded in 2018 by Nav Sawhney after he volunteered in India and saw his neighbour struggling to handwash her clothes.  Business West, the organisation...

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US Army’s $87.6m helmet contract brings some relief to embattled Avon Protection

September 10, 2021
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US Army’s $87.6m helmet contract brings some relief to embattled Avon Protection

Defence manufacturing group Avon Protection has won a contract worth up to $87.6m (£63.3m) over two years to develop and supply the US Army with its next-generation combat helmet. Confirmation of the deal comes less than a month after shares in the Melksham-headquartered group slumped by 25% on warnings that a delay in orders,...

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Bath City teams up with Bath College to play host to Prince’s Trust Team Programme

September 9, 2021
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Bath City teams up with Bath College to play host to Prince’s Trust Team Programme

Bath City FC’s Twerton Park stadium is to become the home of a new Bath College scheme to help young people not in employment, education or training develop new skills. The Prince’s Trust Team Programme, which starts this autumn, is a free 12-week-course for 16-25 year olds. As well as equipping them with work...

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Double delight as event marks Bath gaining rare second UNESCO World Heritage listing

September 9, 2021
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Double delight as event marks Bath gaining rare second UNESCO World Heritage listing

Bath’s success in achieving a second UNESCO World Heritage listing has been celebrated at an event attended by civic and tourism industry leaders. The city, along with 10 other historic spa towns, secured the much-coveted UNESCO World Heritage status in July as part of the ‘Great Spa Towns of Europe’ nomination.  The achievement makes...

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Time Finance looking to clock up further growth after appointing new head of sales

September 9, 2021
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Time Finance looking to clock up further growth after appointing new head of sales

Another key appointment has been made by Time Finance, the Bath-based alternative financial services group, as it targets further growth for its sales operation. Adrian Payne, pictured, joins as head of sales in its invoice finance division – a role in which he will be responsible for leading and managing the sales team in the...

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Plans submitted for long-hoped-for redevelopment of former town centre industrial site

September 9, 2021
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Plans submitted for long-hoped-for redevelopment of former town centre industrial site

A mix of new homes, commercial workspaces and independent food and drink outlets are promised under long-awaited plans for a major town centre redevelopment site. The Innox Mills scheme will bring a vibrant new quarter to Trowbridge town centre, according to developers of the 10-acre brownfield site.  Once home to cloth mills and a...

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Firms’ unused apprenticeship levy funds can help unlock Bath’s wealth of talent, says Metro Mayor

September 8, 2021
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Firms’ unused apprenticeship levy funds can help unlock Bath’s wealth of talent, says Metro Mayor

Bath firms are being urged to help people in the city develop new skills by adding their unused apprenticeship levy funds to a shared funding pot. Nearly half a million pounds has already been pledged to the Share to Support scheme by apprentice-levy paying employers from across West of England passing on their unused levy...

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Pearson May Financial Update: Are basis period rules in line for reform?

September 8, 2021
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Pearson May Financial Update: Are basis period rules in line for reform?

Unincorporated businesses could be about to see significant changes to the way they are taxed, following the launch of a government consultation, writes Pearson May partner Matthew Rutter. The government plans to reform the basis period rules in a bid to simplify how unincorporated businesses, such as sole traders and partnerships, allocate trading profits...

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More new staff, including record trainee intake, at Old Mill as ‘open-door’ recruitment policy pays off

September 8, 2021
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More new staff, including record trainee intake, at Old Mill as ‘open-door’ recruitment policy pays off

New hires at regional accountancy firm Old Mill are up by more than a third on last year as it continues to shrug off the impact of the pandemic with strong growth. The firm, which has offices in Melksham, Wells, Yeovil and Exeter, took on a record number of trainees last year and is on...

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