Business News

Welcome for Government changes over controversial digital tax policy

July 17, 2017
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Welcome for Government changes over controversial digital tax policy

Bath’s largest  accountancy firm Bishop Fleming has welcomed the brakes being put on Making Tax Digital for business, after the government admitted it needed more time. Sole traders, partnerships and landlords with income above £85,000 were to be forced into keeping their accounts in a digital form and filing quarterly updates to HM Revenue...

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Ahead of the Agenda: The Week Ahead

July 17, 2017
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Monday 17 July Trading statement: Rio Tinto AGM: DP Aircraft EGM: Inspired Energy Economics:  Rightmove house prices Tuesday 18 July Finals:  Ideagen, IG Group, NCC Group Trading statement:  BHP Billiton, dotDigital, Experian, Wizz Air Holdings AGMs:  Ambrian, Assura, Bloomsbury Publishing, British Land, Dairy Crest, Firstgroup, N Brown, Scapa Group, Summit Therapeutics EGM:  Magnolia Petroleum...

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Take advantage of post-Brexit trade deals to export, International Trade Secretary Liam Fox to tell West firms

July 14, 2017
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Take advantage of post-Brexit trade deals to export, International Trade Secretary Liam Fox to tell West firms

International Trade Secretary Liam Fox will today tell West of England businesses that there has never been a better time to start exporting, with the help of his department. Latest government figures show an 11% surge in the value of overseas sales made by businesses from the region, with more than 8,600 firms now...

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Aviva Investors commit £75m to help TrueSpeed expand its ultrafast network across the South West

July 14, 2017
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Aviva Investors commit £75m to help TrueSpeed expand its ultrafast network across the South West

Bath-based fibre-optic infrastructure firm TrueSpeed Communications has received £75m from insurance giant Aviva’s global asset management arm to speed up the roll-out of its network to a further 75,000 homes and businesses in the region. TrueSpeed was set up in 2015 to deliver a fibre-optic infrastructure network across South West. It provides residential and commercial...

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Green light for University of Bath-led centre that will help design the cars of the future

July 14, 2017
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Green light for University of Bath-led centre that will help design the cars of the future

The £60m University of Bath-led world-beating automotive research centre, which will help develop the next generation of ultra-low emission vehicles, is to go ahead after receiving nearly two-thirds of its funding. The IAAPS – Institute for Advanced Automotive Propulsion Systems – pictured, will also create an innovative automotive industry cluster in the South West...

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Good Energy sees red over green rival Ecotricity’s power grab

July 13, 2017
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Good Energy sees red over green rival Ecotricity’s power grab

Good Energy, the Chippenham-based renewable energy firm, has become embroiled in a power struggle with arch-rival Ecotricity that has sparked a surge of interest in the green sector. Ecotricity, 100% owned by hippie-turned-entrepreneur Dale Vince, pictured below, has amassed a 25.3% stake in Good Energy over the past year – and now wants Mr...

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Back-to-front shirt sponsorship deal with Derby County aims to pump up Avon Tyres’ brand

July 13, 2017
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Back-to-front shirt sponsorship deal with Derby County aims to pump up Avon Tyres’ brand

Melksham-based Avon Tyres has become the official shirt sponsor of Sky Bet Championship side Derby County – a promotion for the firm following its position as the club’s back-of-shirt sponsor last season. Avon, which described the new agreement as “multi-year”, initially teamed up with The Rams in February last year when it became the...

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Mayoral approval for Bath tech firm’s pioneering approach to skills training

July 13, 2017
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Mayoral approval for Bath tech firm’s pioneering approach to skills training

Bath health tech firm Mayden’s innovative approach to specialist skills training has been praised by West of England Mayor Tim Bowles after he visited its Widcombe base. Mayden has set up its own academy to run intensive training in coding, software development and project management for potential employees – a move that has not...

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Digital camera website launched by Future as it looks to develop its photography titles

July 13, 2017
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Digital camera website launched by Future as it looks to develop its photography titles

Future, the Bath-based media group, has extended its range of photography titles with the launch of a website that includes advice for those taking images on their smartphones and from drones. Future said DigitalCameraWorld.com would be a global website dedicated to helping photographers of all skill levels improve their images, buy the best gear...

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Govt drive to promote electric cars means law is catching up with technology, says industry expert

July 13, 2017
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Govt drive to promote electric cars means law is catching up with technology, says industry expert

Government plans to encourage more drivers to buy electric vehicles have been welcomed by automotive learning and development company RTS Group. Last month’s Queen’s Speech included details of a Bill that would pave the way for mandatory charging points at service stations. According to RTS, which works with automotive manufacturers, including those making electric...

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