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Bath Business Blog: Helen Rich, managing director, Taste of Bath. The importance of relationships – staff and client experience

November 4, 2021
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Bath Business Blog: Helen Rich, managing director, Taste of Bath. The importance of relationships – staff and client experience

If Covid has taught us anything, it is the importance of relationships. It has made us re-evaluate who we see, how we are perceived and how we care for others.  This is true of our personal relationships but equally true of the working relationships we have with clients, partners and employees.  The current recruitment...

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Sharp rise in insolvencies prompts warning to directors to be alert to looming trading problems

November 3, 2021
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Sharp rise in insolvencies prompts warning to directors to be alert to looming trading problems

An insolvency expert has urged Bath’s directors to seek advice at the first signs of business distress following the release of statistics showing corporate failures have risen by more than 40% over the past year. Philip Winterborne, South West chair of trade body R3, made the plea after third quarter figures from the Insolvency...

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Inspecs looks ahead to further growth despite Covid continuing to impact its supply chain

October 29, 2021
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Inspecs looks ahead to further growth despite Covid continuing to impact its supply chain

Strong trading has continued at Inspecs, the Bath-based glasses designer and manufacturer, with sales rising by nearly $60m (£43.5m) over the past three months as it carries on bedding in two major acquisitions made last year.   In a third-quarter trading update to shareholders, the firm said unaudited revenues for the nine months to...

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Funding for pioneering Bath firm developing food packaging made from seaweed

October 28, 2021
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Funding for pioneering Bath firm developing food packaging made from seaweed

Innovative bioplastic food packaging developed from seaweed is a step closer to supermarket shelves after the Bath firm behind it secured funding.   Sustainable biotech business Kelpi invented the compostable material to replace single-use fossil fuel plastics, which take hundreds of years to decompose.   Over the past year the company has been developing it...

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AUTUMN BUDGET 2021: Business West says region losing out again despite Sunak’s ‘levelling up’ claim

October 27, 2021
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AUTUMN BUDGET 2021: Business West says region losing out again despite Sunak’s ‘levelling up’ claim

Business West, the region’s largest business group, said many firms would “remain muted in their enthusiasm” for a Budget that failed to address the scale of the post-Covid challenges they face. The organisation, which runs Bath Chamber of Commerce, also claimed the West of England had again missed out when it came to government...

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AUTUMN BUDGET 2021: National business reaction

October 27, 2021
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AUTUMN BUDGET 2021: National business reaction

Business groups have welcomed a number of measures in Wednesday’s Budget but said Chancellor Rishi Sunak could have done more to encourage investment. The CBI, which speaks on behalf of 190,000 businesses of all sizes and sectors, described it overall as business friendly, with its director-general Tony Danker saying the Chancellor had shown a...

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AUTUMN BUDGET 2021: Key points . . .

October 27, 2021
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Chancellor Rishi Sunak has delivered his Autumn Budget and Spending Review. The main points are: Chancellor began speaking at 12:34pm Employment is up and wages are rising, he said. Budget prepares for a new economy post-Covid, he said. “An economy fit for a new age of optimism.” Higher inflation was a global problem, said the...

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Consortium to look at how hydrogen could spark new industrial revolution for region

October 22, 2021
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Consortium to look at how hydrogen could spark new industrial revolution for region

The potential of hydrogen to transform the West of England’s economy, from its transport to the way its homes are heated, is to be explored by a new consortium of businesses and universities. The group, which includes many of the region’s largest firms such as Airbus and EDF, was launched at an event at...

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New owner looking to make a bright future for precision engineering firm

October 21, 2021
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New owner looking to make a bright future for precision engineering firm

  A precision engineering firm founded in the 1960s and which now works with some of the region’s largest blue-chip manufacturers is looking forward to a bright future under new ownership.   Frome-based Keyford has been acquired by the Edwin Lowe Group of Birmingham for an undisclosed sum in a deal supported by the...

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Bath Business Blog: Claire Burden, advisory consulting partner, Tilney Smith & Williamson. Insolvencies are back and rising fast

October 21, 2021
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Bath Business Blog: Claire Burden, advisory consulting partner, Tilney Smith & Williamson. Insolvencies are back and rising fast

The monthly insolvency statistics published by The Insolvency Service for September show the number of registered company insolvencies were at their highest since the start of the first UK lockdown in March 2020. This is effectively a rebalancing back to normalised insolvency levels across the economy, after the government support measures during the Covid...

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