Blog Archives

Autumn Statement: The key points

November 29, 2011
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Chancellor George Osborne has delivered his Autumn Statement. Here are the key points: BUSINESS Credit easing programme to underwrite up to £40bn in low-interest loans to small and medium-sized firms £1bn business finance partnership to help secure funding for medium-sized firms Regional Growth regeneration fund to get £1bn in extra funding £250m support package...

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Chancellor makes Autumn Statement against worsening economic backdrop

November 29, 2011
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Chancellor George Osborne said he was determined to see Britain through the financial crisis as he outlined his plans to boost the stuttering economy in his annual Autumn Statement – with the latest gloomy forecasts suggesting the country is again teetering on the edge of recession. He was forced to admit that GDP has...

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House prices edge up on sluggish activity

November 29, 2011
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House prices have inched up by a better-than-predicted 0.4% this month, according to Nationwide building society, but they are expected to ease again over the next 12 months as activity remains subdued. The month-on-month rise is the third straight monthly increase. In a year-on-year basis, the increase was 1.6%, beating a forecast of 1.3%....

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House prices: Video

November 29, 2011
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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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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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