Business News

Bath Business Blog: Malindi Myers, regional agent, Bank of England. How we are providing further support for the economy

November 12, 2020
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Bath Business Blog: Malindi Myers, regional agent, Bank of England. How we are providing further support for the economy

The Covid pandemic has reduced levels of economic activity across the UK this year. Households and businesses have generally been spending and investing less than they were before the pandemic struck.  This fall in spending and investment risks significant job losses as many businesses face much lower demand for their goods and services. Although...

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Pearson May weekly financial round-up

November 12, 2020
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Pearson May weekly financial round-up

Each week Bath accountancy firm Pearson May and Bath Business News team up to bring you the top national finance stories. Lockdown support: November update  CJRS and the SEISS extended with England in second lockdown. Find out more here Mortgage payment holidays extended for six months Borrowers’ support extends as the coronavirus crisis deepens. Click here for further...

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Boost for Bristol Airport as Jet2 announces 200 jobs and 56 flights a week from next year

November 12, 2020
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Boost for Bristol Airport as Jet2 announces 200 jobs and 56 flights a week from next year

Bristol Airport has been given a major boost by Jet2, the UK’s third largest airline, which from next year will make the airport its 10th base and launch flights to 33 destinations. Jet2, which does not currently operate from Bristol, will also create more than 200 jobs at the airport in roles ranging from flight and...

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Pearson May Financial Update: The return of the Coronavirus Job Retention Scheme

November 11, 2020
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Pearson May Financial Update: The return of the Coronavirus Job Retention Scheme

Just as we were entering the second national lockdown, Chancellor Rishi Sunak announced a five-month extension to the current Coronavirus Job Retention Scheme and increased the level of the next self-employed income support grant, writes Pearson May partner Matthew Rutter. The Chancellor told the House of Commons that the Coronavirus Job Retention Scheme (CJRS) will...

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Fast-growing greetings card firm delivers ‘perfect fit’ for media buying agency

November 11, 2020
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Fast-growing greetings card firm delivers ‘perfect fit’ for media buying agency

Media planning and buying agency Mostly Media has been appointed by greeting card marketplace thortful.com to manage its offline media planning and buying.  Thortful supports a community of designers, illustrators and photographers who create unique cards, most of which cannot be found anywhere else.  Its head of offline advertising Alexandra Tooher described Mostly Media,...

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Landmark four-star Bath hotel sold to give national group its second venue in the city

November 10, 2020
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Landmark four-star Bath hotel sold to give national group its second venue in the city

National hotel group Axcel Hospitality has snapped up its second hotel in Bath as the city’s tourism sector continues to respond to the fallout from the coronavirus pandemic. The group has acquired the four-star Lansdown Grove Hotel, pictured, following the collapse of its owner Specialist Leisure Group into administration earlier this year.  The 18th-century...

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Ahead of the Agenda: The Week Ahead

November 8, 2020
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Monday November 9 Interim: Totally Trading announcement: On The Beach Economic announcement: Retail sales Tuesday November 10 Interims: DCC, Electrocomponents, Land Securities, Manolete Partners, Oxford Instruments, Renewi PLC, Zoo Digital Trading announcements: Alba Mineral Resources, Meggitt, Persimmon Economic announcements: Claimant count rate, Unemployment rate Wednesday November 11 Final: Beximco Pharmaceuticals Interims: Braemar Shipping, Great Eastern, Great Portland, Renold Trading announcements: Flutter Entertainment, Taylor Wimpey,...

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Pledge by Visit Bath to attempt to rescue Christmas trading for city firms once latest lockdown lifts

November 6, 2020
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Pledge by Visit Bath to attempt to rescue Christmas trading for city firms once latest lockdown lifts

Destination marketing organisation Visit Bath has vowed to try to stage some of its planned pre-Christmas programme once the city emerges from the second national lockdown in early December. The rising tide of Covid-19 cases across the country – including in Bath, where it has now become higher than the national average for the...

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Avon Rubber attains global leader status for specialist helmets as it completes major US acquisition

November 6, 2020
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Avon Rubber attains global leader status for specialist helmets as it completes major US acquisition

Specialist manufacturer Avon Rubber has become a global leader in the manufacture of helmets for military personnel and first responders following the completion of a major US acquisition. The Melksham-headquartered group paid $130m (£100m) for Team Wendy, which makes head protection systems for military, law enforcement, search and rescue and the adventure markets.  The...

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Covid-19 leads to major redesign for Bath’s pioneering ‘later living’ retirement scheme

November 6, 2020
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Covid-19 leads to major redesign for Bath’s pioneering ‘later living’ retirement scheme

Developers behind the UK’s first ‘urban later living community’ planned for Bath are future proofing the scheme in the light of the coronavirus crisis. Guild Living said changes to the development – which it wants to build on the former Homebase site off Pines Way – will help combat the spread of infectious diseases,...

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