Blog Archives

Christmas spending spree on the cards (and at the cashpoint) as shoppers put gloom on hold

December 15, 2011
By
Barclays Xmas Cards-232

Bath shoppers are expected to loosen their purse-strings and spend £339m this Christmas on gifts and partying. Despite household budgets being squeezed tighter this year, figures from Barclays predict that spending will be up by 4% this December on the same month last year. In Bath, shoppers will splash out £207m on their debit...

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Jobless total carries on rising, with young bearing the brunt

December 14, 2011
By
jobcentre

Unemployment across the South West has risen by more than 10% in the past year, according to figures today from the Office for National Statistics (ONS). More than 90,000 people aged over 16 in the region were claiming unemployment benefit in November, the ONS said, up from 81,000 in the same month last year...

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Jelf defies gloom with 11-fold increase in profits

December 14, 2011
By

Jelf, the consultancy that provides a broad range of insurance, financial services and employee benefit services to corporate and individual clients, defied the continued economic downturn to produce full time pre-tax profits up from £278,000 to £3.2m in the year to September 30. The group, which has a major office in Bath and more...

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Profits will be slimmer next year, warns National Milk Records

December 12, 2011
By
milk_1769169c

National Milk Records, the Chippenham-based company providing milk recording services to half of the UK’s dairy farmers, made pre-tax profits of £408,000 on turnover up 3.9% at £8.6m, its half-year figures to September 30 show. But the firm warned that full-year profits are likely to be affected by significant investment in new projects and...

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December 11, 2011
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Bath Business News has a strong track record of quality journalism and news coverage of the city's thriving business scene. As a Bath media business we know that building brand familiarity is essential. We promote Bath and its surrounding towns by publicising its innovation and initiatives across seven key sectors of which the area...

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All systems go for SciSys Space Division

December 9, 2011
By
satellite

SciSys, the hi-tech software company with offices in Bristol and Reading and headquarters in Chippenham, has racked up orders worth 12m euros for its Space Division – a leading supplier of spacecraft ground software systems and onboard software to the European Space Agency (ESA) and many other customers worldwide.  The division has been selected...

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Govt’s new deal for cities ‘will benefit Bath’

December 9, 2011
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Bath’s economy will be boosted by a new ‘city deal’ initiative announced this week by Deputy Prime Minister Nick Clegg, according to lobbying group Business West. But it says the plan does not go far enough and should include region-wide mayors. The aims is to shift the power from Whitehall to core UK cities...

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Brand new look for Bath skincare specialists’ products

December 8, 2011
By
Aranais

Bath retailer Aranais has re-launched its range of specialist skin care products with a new brand identity, redesigned website and new product labelling.  Aranais, an artisan retailer based in the Guildhall Market, is owned by husband-and-wife team Robert and Anna Morgan.  Launched last year, it sells its own unique range of natural face and...

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Mulberry says its growth is in the bag

December 8, 2011
By
Mulberry Mitzy Hobo Pebbled Leather Bags Brown

Pre-tax profits have gone through the roof at West-based Mulberry, the luxury fashion brand famous for its iconic handbags. They were up 231% from £4.7m to £15.6m in the six months to September 30. The AIM-quoted group said today that total sales increased by 62% to £72.3m while like-for-like retail sales grew 44%.  "Our strategy to focus...

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Surveys point to gloomy New Year for firms

December 6, 2011
By
survey1

Confidence levels among firms in Bath and the West are tumbling as the outlook for 2012 deteriorates further, two gloomy surveys showed this week. Manufacturers, who have generally experienced good trading conditions this year, expect output and orders to decline next year while overall business confidence is falling on fears of a double-dip recession....

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