Bath-based mechanical electrical and civil engineering contractor Northavon M&E plans to expand and open two regional offices following investment in the business by three newly appointed directors. Paul Halfpenny, former managing director of Cheltenham-based specialist construction and civil engineering contractor Britannia Construction, this week joined Northavon as CEO. His arrival coincides with the board appointments of...
The Bank of England today cut interest rates from 0.5% to 0.25% – their lowest ever level in the UK – and warned that unemployment will rise by a quarter of a million as Brexit hits the economy. Bank governor Mark Carney described Brexit as “a very large identifiable supply shock” and did not...
Haydn Thomas, NatWest’s South West regional managing director – business banking, has been appointed as the bank’s head of business development – business banking, for the whole of the UK. As well as overseeing the bank’s business development strategy for business banking, Haydn, pictured - who has worked for NatWest for more than 21 years –...
Another Bath hotel has changed hands as cash-rich investors flock to the city to buy into its continued growth as an upmarket tourist destination. The sale of the Aquae Sulis hotel on Newbridge Road is the latest in a series of deals that has brought new buyers into the market. And according to hospitality...
Profits at Bath-based advanced engineering group Rotork tumbled by nearly a third in the first half of this year as the low oil price combined with political uncertainty across the world to hit its key markets. The firm, which makes valves and actuators for the global oil and gas markets, warned that the rest...
Monday 1 August Interims: Ascential, Fidessa, Intertek, Keller, Senior, Trinity Mirror, Ultra Electronics Final: OPG Power Ventures Trading statement: Vedanta Resources AGM: Arian Silver Economics: Markit UK PMI manufacturing Tuesday 2 August Interims: 4imprint, BBA Aviation, Clarke (T), Dialight, Direct Line Insurance, Elementis, Fresnillo, InterContinental Hotels, Greggs, LSL Property Services, Meggitt, Morgan Sindall, Rotork, SDL, Shire, Spirent Communications, Travis Perkins,...
The on-off, on-off Hinkley Point C rollercoaster may have failed to come to its expected conclusion on Thursday, but work on the massive site goes on, as Business West managing director Phil Smith found when he visited it last week. Thirty tonnes with one scoop! That’s what each of the three massive yellow diggers...
Each week Bath Business News gives a prominent member of the city’s business community the last word on our weekly e-bulletin. This week Loraine Morgan-Brinkhurst MBE, director of Morgan-Brinkhurst Consultancy Events and a vice-president, trustee and patron for many charities, answers our 10 questions. What was the LAST: Film you watched? Despicable Me with...
Melksham-based Avon Tyres has signed a sponsorship deal with Sky Bet Championship team Derby County for the upcoming 2016/17 season. Under the agreement, the firm’s logo will appear on the back of the side’s first-team shirts and shorts for the entire campaign, which kicks off this Saturday. Avon, which makes high-performance car and motorcycle...
The £1bn devolution deal and the West of England combined authority formed by it would increase control and resources for business including: Integrated and locally relevant inward investment and trade services, led by Invest in Bristol & Bath Support for developing the West of England Growth Hub Increased support for the Bristol & Bath...
