Business News

Ahead of the Agenda: The Week Ahead

September 6, 2020
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Monday September 7 Finals: SRT Marine Systems, Tungsten Corp Interims: Belvoir, Blackbird, Diaceutics, Sigmaroc Trading announcement: AB Foods Economic announcement: Halifax house price index Tuesday September 8 Finals: Alumasc Group, CPL Resources Interims: Arix Bioscience, Digitalbox, DP Eurasia, Fevertree Drinks, Flowtech Fluid, Gaming Realms, International Personal Finance, Luceco, Michelmersh Brick Holdings, Midwich Group, Nucleus Finance, President Energy, Property Franchise, RA...

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£11m accident repair firm takeover puts Bath’s Redde Northgate on road to more growth

September 4, 2020
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£11m accident repair firm takeover puts Bath’s Redde Northgate on road to more growth

Redde Northgate, the vehicle services group formed earlier this year from the merger of Bath-based specialist accident management group Redde and van hire company Northgate, today snapped up most of accident repair services firm Nationwide from its administrators for £11m. Under the deal Redde Northgate will acquire 77 of Nationwide’s 102 bodyshop sites along...

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Future chalks up huge increase in visitors to its websites after it broadens portfolio

September 4, 2020
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Future chalks up huge increase in visitors to its websites after it broadens portfolio

Unique visitors to websites owned by Bath-based media group Future have soared by 57% over the past year, taking the total to more than 23m and confirming the business as one of the UK’s leading digital publishers. The data is the first since Future acquired London-based TI Media for £140m in April, which added...

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Survey shows gloomy South West firms ready to axe jobs as demand fails to recover

September 3, 2020
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Survey shows gloomy South West firms ready to axe jobs as demand fails to recover

Firms in the South West are among the most pessimistic in the UK about the impact of the coronavirus pandemic, with many expecting to shed jobs when the government’s furlough scheme ends, according to a new survey. The Lloyds Bank Business Barometer, which takes the pulse of 1,200 firms across England every month, shows...

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Experienced business development manager joins 1pm as it targets further growth

September 3, 2020
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Experienced business development manager joins 1pm as it targets further growth

Bath-based specialist small business lender 1pm has appointed Rebekah Middleton to the new role of head of hard asset in a move group said further demonstrated its commitment to investing in its people as well as driving growth across its portfolio of financial products. Rebekah, pictured, has more than 20 years’ industry experience. In...

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Royds Withy King webinar will explore challenges linked to the post Covid-19 workforce

September 3, 2020
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Royds Withy King webinar will explore challenges linked to the post Covid-19 workforce

Major challenges for employers ranging from managing remote staff to changing the way entire organisations work post Covid-19 will be tackled head-on in a webinar to be staged next week by Bath-headquartered law firm Royds Withy King.  Called Workforce of the Future: The New Norm, the event will give insights from practical futurist and...

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Pearson May weekly financial round-up

September 3, 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. Furlough: Changes from this week  The latest update on the coronavirus job retention scheme. Click here to find out what’s changing Five savings options for children Tax-efficient ways to prepare for your family’s financial future. Read our guide here...

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Bath homeless charity Julian House appoints Dr Phil Hammond as patron

September 2, 2020
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Bath homeless charity Julian House appoints Dr Phil Hammond as patron

Doctor, broadcaster and comedian Phil Hammond has been appointed by Julian House, Bath’s main homeless charity, as its new patron.  Dr Hammond, pictured, who works in a highly regarded NHS team for young people with chronic fatigue syndrome/ME, is also a regular guest on of TV shows including The One Show, Have I Got...

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Government’s Kickstart scheme will help firms develop young talent, says Business West

September 2, 2020
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Government’s Kickstart scheme will help firms develop young talent, says Business West

Business West, the region’s largest business organisation, has welcomed the launch today of the government’s Kickstart scheme, which offers subsidised job placements to out-of-work young people. Under the £2bn programme, 16 to 24 year olds claiming Universal Credit and at risk of long-term unemployment, will be able to gain six-month work placements.  The government...

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Pearson May Financial Update: Corporate tax planning in the age of Covid-19

September 1, 2020
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Pearson May Financial Update: Corporate tax planning in the age of Covid-19

Even among those who follow good tax planning practice and maintain forecasts running several years forward, it is unlikely that many foresaw the dramatic end to the 2019/20 tax year, writes Pearson May partner Matthew Rutter. With the impact of Covid-19 and the subsequent lockdown, the economy shrank a record 20.4% in April and...

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