Business News

Covid-19 and Brexit trade hitches deliver boost for Wincanton as home shopping booms

January 20, 2021
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Covid-19 and Brexit trade hitches deliver boost for Wincanton as home shopping booms

Shares in logistics group Wincanton have soared by around 14% this week after it said it was benefiting from the major switch to home shopping caused by Covid-19 restrictions as well as from moving coronavirus testing kits around the country. The Chippenham-based group is working with the government to provide logistics services at some...

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UK post-Brexit trading rules with the EU are complicated, so get advice now, firms are urged

January 19, 2021
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UK post-Brexit trading rules with the EU are complicated, so get advice now, firms are urged

Bath firms struggling with post-Brexit trade complications are being urged to get expert advice and support by Business West, the region’s largest business organisation. With the UK now outside of the European Union as of December 31, businesses must adhere to new rules and regulations when trading with the EU.  As reports emerge of how...

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Ahead of the Agenda: The Week Ahead

January 17, 2021
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Monday January 18 Final: AFH Financial Group AGM: Craven House Capital Tuesday January 19 Final: Watkin Jones Interims: Knights Group Holdings, Time Finance, U and I Group Trading announcements: Etalon Group, Experian, Henry Boot, Kier, Premier Foods, Rio Tinto Wednesday January 20 Interim: Van Elle Holdings Trading announcements: Antofagasta, BHP Group, Burberry, Cairn Energy, City of London Investment Group, CMC Markets,...

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Bath property developer to sell £124m portfolio as city’s housing market remains resilient

January 15, 2021
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Bath property developer to sell £124m portfolio as city’s housing market remains resilient

A portfolio of 17 properties, including student accommodation blocks and residential schemes in Bath, has been put up for sale for £124m in a sign of the strength of the city’s property market, despite Covid-19. Bath-based developer Rengen said the schemes, which also include sites in Bristol and Worcester, contain 634 bed spaces, most...

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New beers launched by craft brewery with a taste for foraging its ingredients

January 15, 2021
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New beers launched by craft brewery with a taste for foraging its ingredients

Mendip craft brewery Yonder Brewing & Blending has launched two limited edition seasonal beers as it continues to expand. Flying Wonder and Who is Nellie? – as with the rest of its range – use locally foraged ingredients, showcasing the variety of flavours available on its doorstep while also eliminating food miles.  The farmhouse...

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Ethical grocery wholesaler says its first outlet will flourish as sustainable food hub

January 15, 2021
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Ethical grocery wholesaler says its first outlet will flourish as sustainable food hub

The ethical wholesale grocery firm behind a new foodhall and kitchen being built at Saltford have given more details of how they plan to make it a beacon of sustainability. Given the name of Flourish Foodhall & Kitchen at Glenavon Farm this week, Cotswold Fayre’s development will sell quality products sourced from local producers,...

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Business West looks to wider talent pool for new directors to avoid its board becoming ‘echo chamber’

January 15, 2021
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Business West looks to wider talent pool for new directors to avoid its board becoming ‘echo chamber’

Business West, the region’s largest business group, has broken with its traditional method of recruiting for its board to take on three new non-executive directors. The £10m turnover group, which runs Bath Chamber of Commerce, said the move was designed to access a wider talent pool that represented the full range of the region’s...

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All change on Bath’s buses as chauffeur group boss joins First West of England as MD

January 15, 2021
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All change on Bath’s buses as chauffeur group boss joins First West of England as MD

A former executive of one of the world’s largest chauffeuring businesses is to take over as managing director of First West of England, the company running most of Bath’s buses. Doug Claringbold will succeed James Freeman, who retires on March 31 after six years in the role. Doug, pictured, has spent more than 20 years...

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‘Once-in-a-lifetime’ opportunity for Bath to get a clean, green mass transit scheme

January 15, 2021
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‘Once-in-a-lifetime’ opportunity for Bath to get a clean, green mass transit scheme

Ambitious plans to develop sustainable transport routes around Bath to persuade commuters to leave their cars at home, including a new high-frequency link with Bristol, have come a step closer following a £1.5m investment. The West of England Combined Authority (WECA) said the money would be used to identify options for a ‘high-frequency mass...

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US approval of its asthma treatment delivers boost for Vectura

January 14, 2021
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US approval of its asthma treatment delivers boost for Vectura

Directors at specialist pharmaceutical firm Vectura expect its 2020 financial results to be better than they expected following approval of its latest asthma treatment in the US. The firm will also benefit from millions of dollars in royalties and damages paid by pharma giant GlaxoSmithKline (GSK) following a US court case over infringement while...

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