Blog Archives

Alliance Pharma sales rise as £132m acquisition brings instant benefits

April 7, 2016
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Alliance Pharma sales rise as £132m acquisition brings instant benefits

Speciality pharmaceutical firm Alliance Pharma has become a truly global business, its chairman said yesterday as it unveiled a 49% leap in annual profits and 11% increase in sales. The Chippenham-based firm completed the £132.2m acquisition of rival Sinclair IS Pharma’s range of skincare products in December last year – a move that effectively...

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Investment in its tech titles gives Future a bright start to the year

April 7, 2016
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Investment in its tech titles gives Future a bright start to the year

Future, the Bath-based international media group, has said its investment in its Media Division resulted in strong growth with e-commerce revenues up by more than 250% in the first six months compared to the whole of the last financial year. This had been mainly driven by the group’s leading brand TechRadar, Future told shareholders...

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Plea for old computers to boost local dementia charity’s funds

April 7, 2016
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Plea for old computers to boost local dementia charity’s funds

Firms are being urged to donate their old computers and help raise much-needed money for a locally based charity. The call has come from Trowbridge-based Priority IT, which is refurbishing second-hand computers for sale and giving the proceeds to its chosen charity, Alzheimer’s Support.  The scheme is proving so successful that the specialist IT...

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Investment group BGF grows regional team to meet increased demand for funding

April 5, 2016
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Investment group BGF grows regional team to meet increased demand for funding

The South West and Thames Valley investment team of BGF (Business Growth Fund) has expanded with the appointment of Alex Snodgrass. Alex, pictured, is the latest addition to the 10-strong team, which is responsible for identifying investment opportunities and managing the deal process from origination through to completion. Alex has more than 10 years’...

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Region’s smaller law firms rival London’s for profits growth, report shows

April 5, 2016
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Region’s smaller law firms rival London’s for profits growth, report shows

The West of England’s small and medium-sized law firms are among the most profitable in the UK having achieved an average 26% increase in their margins last year, new research has revealed. The continued expansion of the region’s legal sector now places it second only to London for profit growth, according to the report...

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Ahead of the Agenda: The Week Ahead

April 2, 2016
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Monday 4 April Finals: Belvoir Lettings, Christie, Volga Gas Economics: Markit/CIPS UK construction purchasing managers' index (PMI) Tuesday 5 April Finals: AA, Card Factory, EKF Diagnostics, Hostelworld, Instem, MartinCo, Moss Bros, Thalassa Trading statements: Cranswick, Electrocomponents, Gooch & Housego, International Consolidated Airlines AGM: Primary Health Properties Economics: Official reserves, Markit/CIPS UK services PMI, composite...

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The LAST WORD: Simon Tombs, managing partner, Monahans

April 1, 2016
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The LAST WORD: Simon Tombs, managing partner, Monahans

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 Simon Tombs, managing partner of chartered accountancy firm Monahans, answers our 10 questions. What was the LAST: Film you watched? James Bond Spectre with the kids at the cinema. Book you...

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Scottish group secures finance to build Bath’s largest hotel

April 1, 2016
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Scottish group secures finance to build Bath’s largest hotel

UK hotel group Apex Hotels is to build Bath’s largest hotel after securing a £29m funding package from Lloyds Bank Commercial Banking. The £35m, 177-bedroom Apex City of Bath on James Street West will include a swimming pool, gym, and conference and meeting facilities with a 420-person capacity. Due to open in the summer...

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Ignition fired up for the future as it marks 20 years of branding excellence

April 1, 2016
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Ignition fired up for the future as it marks 20 years of branding excellence

Bath-based branding agency Ignition Strategic Design celebrates its 20th anniversary this month – and has never been busier. Founded in April 1996, the agency specialises in ‘bringing brands to life’, having created, curated and nurtured brands of many high-profile clients over the past two decades. It puts its success down to its simple approach...

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Bath Building Society overcomes historic low base rates to increase profits and assets

April 1, 2016
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Bath Building Society overcomes historic low base rates to increase profits and assets

Profits at Bath Building Society grew by more than 10% last year and its reserves by nearly 14% despite historic low interest rates. The mutual society’s mortgage book increased by nearly 4% to a record high of £226.9m with gross mortgage lending up £3.5m at £40.9m. Assets rose by 4.8% to £292.6m, with reserves...

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