Business News

Budget 2017: National business reaction. Some help in challenging times

November 22, 2017
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Budget 2017: National business reaction. Some help in challenging times

CBI director-general Carolyn Fairbairn described it as a Budget that balanced support for people on squeezed incomes with vital action to help grow the UK out of austerity. But delivery was everything. “Against a sombre economic backdrop, the Chancellor gripped the steering wheel on the UK economy. Action on business rates, R&D tax credits,...

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Budget 2017: Key points

November 22, 2017
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Chancellor Philip Hammond has presented the 2017 Budget. Here are the main points: Economy is ready for challenges that lie ahead Growth forecast is now 1.5% this year, 1.4% next year and 1.3% in 2019/20 against 2% this year, 1.6% next year and 1.7% in 2019. Inflation peaking at 3% in this quarter before...

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Chancellor urged by Business West to be brave in the Budget and favour growth over giveaways

November 20, 2017
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Chancellor urged by Business West to be brave in the Budget and favour growth over giveaways

Business West, the region’s largest business organisation, today called on Chancellor Philip Hammond to “be brave, but invest in the long term” in Wednesday’s Budget. The group, which runs most chambers of commerce across the West of England – including in Bath – said businesses’ patience was wearing thin with a government that was...

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Bath Business Blog: Jon Miles, director, Richardson Swift. Will this be a tax-raising Budget?

November 20, 2017
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Bath Business Blog: Jon Miles, director, Richardson Swift. Will this be a tax-raising Budget?

With two days to go, speculation is rife on what will be in the all-new Autumn Budget. Interest is, of course, heightened by the fact that this is the first Budget for the new Parliament and the first to be held since Article 50 was triggered and the countdown to Brexit began, writes Jon...

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UK Tech Award triumph for auto firm AB Dynamics follows opening of new £9m HQ

November 20, 2017
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UK Tech Award triumph for auto firm AB Dynamics follows opening of new £9m HQ

Advanced automotive tech firm AB Dynamics has won a major national award just weeks after officially unveiling its new £9m global headquarters. The firm, which designs and manufacturers test systems for the world’s leading car makers, collected the Tech Achievement of the Year title at the recent UK Tech Awards.  The accolade recognised AB...

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Rebrand for Monahans to highlight benefits of its membership of MHA network

November 20, 2017
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Rebrand for Monahans to highlight benefits of its membership of MHA network

Regional chartered accountancy firm Monahans has rebranded as MHA Monahans to underscore the strengths of being part of the national invitation-only MHA network. Monahans, which has eight offices across the West of England including in Bath, has been the region’s representative for MHA since 2012, enabling it to offer their clients enhanced specialist expertise...

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Growth accelerates at haulage firm as bank finance package funds new site acquisition

November 20, 2017
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Growth accelerates at haulage firm as bank finance package funds new site acquisition

Keynsham-based transport firm I J McGill has bought the former D S Smith paper site on the edge of the town as it continues to expand. The firm, which has operated in the area since 1979, secured a seven-figure finance package from HSBC to buy the 17-acre site from the international packaging company I...

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Pearson May Financial Update: HMRC campaigns – do you need to bring your tax affairs up to date?

November 20, 2017
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Pearson May Financial Update: HMRC campaigns – do you need to bring your tax affairs up to date?

As you may recall, our article published in August included details of the Let Property Campaign which was launched by HM Revenue and Customs (HMRC) nearly four years ago, writes Pearson May partner Nick Oliver FCA FIoD.   The Let Property Campaign is not the only campaign in existence. In the recent past, HMRC...

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Canning line opens up brand new opportunities for craft beer firm ahead of move to new brewery

November 20, 2017
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Canning line opens up brand new opportunities for craft beer firm ahead of move to new brewery

Craft brewery The Wild Beer Co has invested more than £500,000 in a state-of-the-art canning line as it prepares move to its new ‘destination brewery’ at the Bath & West Showground. The new equipment has coincided with a branding overhaul for its cans to bring them into line with its bottled beers. It also comes...

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MP sees how Curo is supporting Bath’s homeless people while also saving public funds

November 20, 2017
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curo

Bath-based housing association Curo has shown city MP Wera Hobhouse how it supports homeless and vulnerable people in the area. During her visit Wera talked to local people affected by homelessness and mental health issues and was shown two of Curo’s homelessness schemes for in the city – the Bath Foyer and its direct-access...

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