Blog Archives

Councils backing for £1bn West devolution deal ‘sends out signal of confidence’ say business leaders

June 30, 2016
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Councils backing for £1bn West devolution deal ‘sends out signal of confidence’ say business leaders

Business leaders have welcomed the £1bn West of England devolution deal approved by councillors this week, calling it a “strong signal of long-term confidence and investment into this area”. Bath & North East Somerset (B&NES), along with Bristol City and South Gloucestershire councils, agreed the package, which transfers funding and powers from Westminster in...

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Councillors must back £1bn West devolution deal, say city’s business leaders

June 29, 2016
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Councillors must back £1bn West devolution deal, say city’s business leaders

Bath business leaders have called on councillors to back the £1bn devolution package for the West of England when it goes before a special council meeting this evening. The deal, announced by Chancellor George Osborne in this year’s Budget, would bring essential funding and additional powers for key areas such as transport, housing, employment...

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Jobs axed and investment frozen as Brexit starts to hit Bath firms

June 29, 2016
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Jobs axed and investment frozen as Brexit starts to hit Bath firms

Firms across Bath and the West of England are already cutting jobs, hiking prices and freezing investment as a result of the fall-out from the Brexit vote, according to a snap poll by Business West, the region’s largest business organisation. One company said it was considering moving overseas while others have stopped taking on...

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Views on Brexit impact sought from Bath firms as Government moves to steady businesses’ nerves

June 28, 2016
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Firms from Bath and across the West of England are being asked for their views on the likely impact of Brexit ahead of a series of crunch meetings between business leaders and senior government figures. The first takes place today when Business Secretary Sajid Javid, pictured, hosts a round table with more than 20 representatives...

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Share offer generates £3.1m for Good Energy to power further growth

June 27, 2016
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Share offer generates £3.1m for Good Energy to power further growth

Green energy supplier Good Energy has raised £3.1m from its latest share offer as it aims to increase its number of customers five-fold by 2020. Good Energy said the majority of the 2,000 individual applications for shares were from its customers. Funds raised through the share offer will be used to boost Good Energy’s...

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Company of the Year and Customer Service titles go to Good Energy at top green awards

June 27, 2016
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Company of the Year and Customer Service titles go to Good Energy at top green awards

Renewable energy firm Good Energy is celebrating after triumphing at one of the UK’s leading green awards. The Chippenham-based firm, which supplies 100% renewable electricity and ‘green’ gas, secured the Company of the Year and Customer Service Recognition titles at the 2016 British Renewable Energy (REA) Awards. Good Energy managing director David Brooks said:...

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Ahead of the Agenda: The Week Ahead

June 26, 2016
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Monday 27 June Interim: Porvair Final: Omega Diagnostics AGMs: Anglo Asian Mining, Anglo-Eastern Plantations, Baron Oil, Coms, Curtis Banks, Eland Oil & Gas, Surgical Innovations, Velox3 Tuesday 28 June Interims: Benchmark Holdings, Blue Prism Group, Ocado Finals: BCA Marketplace, Carpetright, Cohort, IS Solutions, Northgate, ULS Technology AGMs: Anpario, Ariana Resources, CentralNic Group, Eden Research,...

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Brexit: Regional property market analysis

June 24, 2016
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Brexit: Regional property market analysis

The region's residential and commercial property markets face a long period of uncertainty as the economic and political impact of the EU referendum results plays out, according to industry experts. Occupier demand for offices, warehouses and shops could be weaker and investment sentiment subdued, according to Paul Baker, director in the regional office of...

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£14.2m publishing acquisition takes Future into new markets

June 24, 2016
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£14.2m publishing acquisition takes Future into new markets

Bath-based publishing group Future is to buy rival Imagine Publishing in a £14.2m deal – extending its portfolio of titles to include a further 19 magazines in the process. The takeover will add the Retro Gamer and World of Animals titles and digital platforms to Future’s portfolio, which already includes T3 and PC Gamer....

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Brexit: Bath area firms suffer from stock market fall-out

June 24, 2016
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Brexit: Bath area firms suffer from stock market fall-out

Millions of pounds were wiped off the value of Bath area firms quoted on the London Stock Exchange today as they became caught up in the Brexit share price collapse. Rotork, Bath's largest manufacturer, suffered a 4.4% drop in its share price this morning. The firm, which makes specialist valves for the global oil...

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