Advanced manufacturing

BUDGET 2021: National business reaction

March 3, 2021
By
Rishi_Sunak

The CBI said Chancellor Rishi Sunak’s decision to hike Corporation Tax to 25% in one leap – the first increase since 1974 – would “cause a sharp intake of breath” for many businesses. It also warned that the move – which is planned to come into effect in 2023 – sent a worrying signal to those...

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BUDGET 2021: Key points . . .

March 3, 2021
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BUDGET 2021: Key points  . . .

Chancellor Rishi Sunak has delivered his Budget this afternoon. The main points are:  No rise in VAT, income tax or national insurance  Corporation tax to rise from 19% to 25% from 2023 but only 10% largest companies will pay, Chancellor claims  ‘Super deduction’ in tax for companies that invest in innovation Eight ‘Freeports’ established to deliver ‘an unprecedented economic...

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Brexit-linked red tape and higher prices already hitting small South West manufacturers, survey shows

February 26, 2021
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Brexit-linked red tape and higher prices already hitting small South West manufacturers, survey shows

Brexit is causing the South West’s small and medium-sized manufacturers ‘significant disruption’ as they try to recover from the economic effects of Covid-19, according to the results of a new survey. The latest South West Manufacturing Barometer shows firms are being hit by more red tape, higher input prices and shortages of raw materials...

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CBI urges next Metro Mayor to put jobs, inclusivity and productivity at centre of region’s recovery

February 26, 2021
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CBI urges next Metro Mayor to put jobs, inclusivity and productivity at centre of region’s recovery

The next West of England mayor must show vision and ambition to spearhead the region’s Covid recovery and build a sustainable, long-term prosperity capable of matching London’s economic strength, according to the CBI. The business group this week launched its blueprint for the West of England’s future, which urges the winner of May 6’s...

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Event: Chance to hear how women are succeeding in global eCommerce in the age of Covid

February 25, 2021
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Event: Chance to hear how women are succeeding in global eCommerce in the age of Covid

Bath businesses will be able to learn how to boost their online overseas sales from successful women in eCommerce at a virtual conference next week. The free ‘Women in Global eCommerce’ event on Tuesday is being hosted by the Department for International Trade (DIT) in collaboration with Business West, the organisation behind Bath Chamber...

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Business groups call for more support for firms as Johnson unveils roadmap out of lockdown

February 22, 2021
By
coronavirus_3d

The South West’s largest business organisation has said many of its members will be “disappointed” with the government’s roadmap for taking England out of national lockdown. Business West, which runs Bath Chamber of Commerce, said following Prime Minister Boris Johnson’s statement in the House of Commons on Monday the onus was now on ministers...

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Jobs boom at Lovehoney as global lockdowns trigger big rise in sales of its pleasure products

February 19, 2021
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Jobs boom at Lovehoney as global lockdowns trigger big rise in sales of its pleasure products

A surge in sales of sex toys during the pandemic has resulted in retailer Lovehoney taking on an additional 70 staff at its Bath headquarters. The firm – which was launched, appropriately, from a bedroom in the city in 2002 – has enjoyed a whopping 200% sales boost in many of its overseas markets...

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Bath university leaders backing bid to create ‘economy-boosting’ Great Western Freeport

February 19, 2021
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Bath university leaders backing bid to create ‘economy-boosting’ Great Western Freeport

The vice-chancellors of both of Bath’s universities and the principal of its main college have joined business leaders from across the West of England in backing the creation of a ‘free port’ in the region. Prof Ian White and Prof Sue Rigby of the University of Bath and Bath Spa University respectively and Laurel...

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Inspecs focuses on sustainability with new range of industry-leading biodegradable glasses

February 18, 2021
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Inspecs focuses on sustainability with new range of industry-leading biodegradable glasses

Bath-based spectacles designer and manufacturer Inspecs has launched its own sustainable range in what it has described as a massive step forward for its industry. The collection, called Botaniq, has been designed by the firm’s in-house technical experts using biodegradable natural, recycled and recyclable material in direct response to consumer demand for sustainable products....

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Support grants worth more than £12m handed to Bath businesses hit by Covid lockdowns

February 18, 2021
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Support grants worth more than £12m handed to Bath businesses hit by Covid lockdowns

Nearly 2,000 businesses across Bath and North East Somerset forced to close as a result of the third national lockdown have received more than £12m in support grants. Bath & North East Somerset Council had processed 1,825 applications by Wednesday of last week, paying out a total of  £11m in support grants and £1.4m...

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