Blog Archives

Pearson May weekly financial round-up

April 30, 2020
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Pearson May weekly financial round-up

Each week Bath accountancy firm Pearson May and Bath Business News team up to bring you the top national finance stories. This week we look at some issues linked to the coronavirus pandemic. Government  support: what’s changed over the past few weeks?  Updates to the furlough scheme, loans and more. Click here to find...

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Century-old foodservice firm successfully offloads parts of business despite Covid-19 crisis

April 30, 2020
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Century-old foodservice firm successfully offloads parts of business despite Covid-19 crisis

A long-established family-run foodservice firm has overcome the impact of the coronavirus pandemic on the sector by selling parts of its business. Midsomer Norton-based L&F Jones, which trades as Jones Food Solutions, disposed of its wholesale and butchery divisions to a Devon-based food supplier, allowing it to concentrate on its core hotel and convenience...

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Bath Business Blog: Debbie Boulton, director, Richardson Swift. Planning for beyond the lockdown

April 28, 2020
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Bath Business Blog: Debbie Boulton, director, Richardson Swift. Planning for beyond the lockdown

Debbie Boulton, a director at Bath accountancy firm Richardson Swift, looks at the need to start planning for the post-lockdown period as many decisions will need to be made before it ends. It would appear from the government’s daily briefing that we are slowly beginning the descent from the peak. However, it appears that some...

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Coronavirus update: Welcome for government’s ‘bounce back’ loans for small firms

April 28, 2020
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Coronavirus update: Welcome for government’s ‘bounce back’ loans for small firms

Business organisations have welcomed new measures by the government to help small firms survive the coronavirus pandemic, reflecting the fact that around half are being rejected for loans under the existing scheme. Business West, the organisation that runs Bath Chamber of Commerce, said Chancellor Rishi Sunak, pictured, had listened to complaints from struggling small...

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Ahead of the Agenda: The Week Ahead

April 26, 2020
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Monday April 27 Finals: Blackbird, Centralnic, Deltax Medical, Lok’nStore, Sig Plc, Spaceandpeople Trading announcement: Mind Gym Tuesday April 28 Finals: Integrated Diagnostic Holdings, Keystone Law, STM group Trading announcements: Shoe Zone, XPS Pensions Economic announcements: Unemployment rate, CBI industrial trends survey Wednesday April 29 Finals: Bank of Cyprus Holdings, Brown N, Destiny Pharma Interim:...

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£1m boost for crisis-hit independent fitness providers from MoveGB’s streaming service

April 24, 2020
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£1m boost for crisis-hit independent fitness providers from MoveGB’s streaming service

Bath-based fitness subscription firm MoveGB has generated more £1m for the fitness, yoga and dance instructors across the country since launching its lockdown-inspired Move At Home service. In less than a month more than 40,000 classes have been streamed through the service and the number of classes and providers continues to grow by the...

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Govt-backed coronavirus loan helps maritime tech firm stay afloat during tough market conditions

April 24, 2020
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Govt-backed coronavirus loan helps maritime tech firm stay afloat during tough market conditions

Specialist technology firm SRT Marine Systems has raised a total of £5.3m of cash in a combination of loans and equity to help it overcome the impact of Covid-19. The Midsomer Norton-based firm, which makes world-leading maritime surveillance, vessel tracking, monitoring equipment, raised an aggregate of £2.8m from investors earlier this month.  Now it...

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Bath’s crisis-hit charities receive emergency cash aid from Quartet’s Coronavirus Response Fund

April 24, 2020
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Bath’s crisis-hit charities receive emergency cash aid from Quartet’s Coronavirus Response Fund

Bath charities helping the city cope with the coronavirus crisis are benefiting from a share of more than £400,000 handed out in just a month by the West of England’s community foundation. Some £413,000 has been given in grants by Quartet since March 23. From a standing start, its Coronavirus Response Fund has helped...

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Developer steers public to ‘virtual’ consultation on its plan to regenerate car showroom site

April 24, 2020
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Developer steers public to ‘virtual’ consultation on its plan to regenerate car showroom site

An online public consultation is underway on the mixed-use redevelopment of a car showroom site on Bath’s Lower Bristol Road to overcome the ban on public gatherings during the coronavirus lockdown. Regional car dealership group Dick Lovett has teamed up with national developer Watkin Jones Group to draw up plans for its BMW and...

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Coronavirus update: Bath firms enter 2.6 Challenge to raise much-needed funds for Julian House

April 24, 2020
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Coronavirus update: Bath firms enter 2.6 Challenge to raise much-needed funds for Julian House

Three Bath businesses are taking on the national 2.6 Challenge in aid of city charity Julian House to help people experiencing homelessness during the coronavirus crisis. Bath-headquartered law firm Royds Withy King, The Royal Crescent Hotel and advanced analytics company Actual Experience have signed up for the challenge, which takes place this Sunday, April...

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