Advanced manufacturing

Business groups warn of bleak winter as Bath prepares for life in Tier 2 when lockdown ends

November 27, 2020
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Business groups warn of bleak winter as Bath prepares for life in Tier 2 when lockdown ends

Bath’s Tier 2 restrictions when it comes out of the national lockdown next week will have a “chilling impact” on its economy, with much of its hospitality sector remaining “frozen” in the vital run-up to Christmas, business groups have warned. Bath Chamber of Commerce group Business West said despite having escaped being put in...

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Profits expected to hold up at Rotork as its main markets start to recover from pandemic

November 27, 2020
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Profits expected to hold up at Rotork as its main markets start to recover from pandemic

Bath-headquartered specialist engineering group Rotork has said it expects to largely shrug off the impact of the coronavirus pandemic and achieve better-than-expected annual profits. In a trading update for shareholders this week the group, which makes specialist valves for the global oil, gas, water and chemical industries, said its performance during the first 10...

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Community spirit of pioneering university campus earns it coveted property award

November 27, 2020
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Community spirit of pioneering university campus earns it coveted property award

The innovative design of Bath Spa University’s Locksbrook Campus has been recognised in a prestigious regional property awards scheme. The campus topped the Heritage Project of the Year category in the 2020 Michelmores’ Property Awards.  Now in their 18th year, the awards recognise the best property and construction schemes across the South West, as well...

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Reboot for Business West’s online Brexit advice hub as clock ticks down to end of transition period

November 26, 2020
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Reboot for Business West’s online Brexit advice hub as clock ticks down to end of transition period

The award-winning Trading Through Brexit service run by Business West has been relaunched to help companies make crucial last-minute adjustments to the way they operate ahead of the end of the UK-EU transition period. Regardless of whether or not a deal is reached between UK and EU negotiators ahead of deadline on December 31,...

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Chancellor’s Spending Review: Bath business reaction

November 25, 2020
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Chancellor’s Spending Review: Bath business reaction

Business West, which runs Bath Chamber of Commerce, was disappointed with the lack of capital investment promised by the government for the West of England. Policy manager Claire Ralph said: “Some minor funding has been allocated to the West of England Combined Authority for local transport improvements through the Transforming Cities Fund. “Elsewhere it...

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Chancellor’s Spending Review: National business reaction

November 25, 2020
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Chancellor’s Spending Review: National business reaction

Business groups have welcomed the investment in infrastructure and jobs in Chancellor Rishi Sunak’s Spending Review but said many firms still needed more help from the government. The CBI praised the Chancellor for making “some bold autumn decisions” to power a spring recovery even as the stark forecasts pointed to tough times ahead. But...

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Chancellor’s Spending Review: Main points

November 25, 2020
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Chancellor’s Spending Review: Main points

Chancellor Rishi Sunak this week delivered his much-anticipated Spending Review, outlining how the government will tackle the huge economic challenges caused by the coronavirus pandemic. Among the main points were:  The government is spending £280bn on tackling Covid-19 But the Chancellor says: “The economic damage is likely to be lasting.” Forecast for UK borrowing...

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Plea for more help for businesses as government announces new regional tier restrictions

November 24, 2020
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Plea for more help for businesses as government announces new regional tier restrictions

The government has been warned that it cannot “keep switching businesses on and off like a light switch” through Covid-19 related national lockdowns and regional tiers without expecting severe consequences.  Instead, firms need a plan that keeps them, and the economy, open throughout winter and beyond, according to Business West, the organisation that runs...

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Inspecs eyes chance to become global player with €95m takeover of German firm in its sights

November 20, 2020
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Inspecs eyes chance to become global player with €95m takeover of German firm in its sights

Inspecs, the fast-growing Bath-based eyewear design house and manufacturer, is poised to double in size after conditionally agreeing to acquire a German firm for €94.85m (£84.78m). Inspecs said the takeover of Eschenbach Optik would represent a key strategic step in its expansion as a global, vertically-integrated eyewear firm.  The deal would make Inspecs, which...

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West of England space hub launched as firms are urged to harness power of high-flying sector

November 20, 2020
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West of England space hub launched as firms are urged to harness power of high-flying sector

Bath will play a key role in a new West of England space hub set up to harness innovation in the industry and boost the region’s advanced engineering, tech and science sectors. Initial funding for the hub – one of seven across the UK – will come from the UK Space Agency to bring together...

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