Business News

High Street Shop of the Year award nomination for Bath stationery retailer and printer

November 27, 2020
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High Street Shop of the Year award nomination for Bath stationery retailer and printer

Bath independent stationery retailer and printer Meticulous Ink is in the running for a major national award that champions the UK’s best creative small businesses.  Meticulous Ink, which was opened 10 years ago by designer Athena Cauley-Yu, sells a range of stationery and paper goods, calligraphy pens and inks as well as offering a...

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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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Shortage of premium office space in Bath triggers strong interest in investment opportunity

November 26, 2020
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Shortage of premium office space in Bath triggers strong interest in investment opportunity

A Bath office block has been sold for nearly £7m – a price, according to the property agents behind the deal, that reflects the ongoing shortage of prime business space in the city. Grosvenor House, pictured, in The Square off Lower Bristol Road – a property with 18,500 sq ft of Grade A space...

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Global events industry targeted to help give Bath’s economy post-Covid boost

November 26, 2020
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Global events industry targeted to help give Bath’s economy post-Covid boost

Bath is to be promoted as a prime location for international conferences, meetings and events at one of the top exhibitions for the global events industry as its key players look beyond Covid-19 to make bookings. The annual IBTM World in Barcelona attracts a worldwide audience of conference, events and incentive travel planners. Although...

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Pearson May weekly financial round-up

November 26, 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. Are big changes afoot for Capital Gains Tax?  The Office for Tax Simplification recommends options for Covid-19 tax grab. Find out more here HMRC reveals Making Tax Digital for Corporation Tax plans Latest tax to go digital set...

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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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