Finance

Innovative eco food and lifestyle store secures investment with support from Royds Withy King

March 12, 2020
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Innovative eco food and lifestyle store secures investment with support from Royds Withy King

The corporate team at Bath-headquartered law firm Royds Withy King has provided equity investment support to the local entrepreneurs behind a new kitchen, food market and lifestyle store due to open this summer. Called Teals, the venture on the busy A303 at North Cadbury in Somerset aims to connect local communities to local producers....

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Call goes out to Bath’s creative businesses to join pioneering scale-up programme

March 12, 2020
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weca-300x300

Bath creative businesses that want to expand are being encouraged to bid for a new growth programme before its March 31 deadline. The Creative Scale Up programme, run by the West of England Combined Authority (WECA) and financed by the Department for Digital, Culture, Media & Sport, aims to boost opportunities for the creative...

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Spring Budget 2020: Thumbs up from Bath advisors but they criticise reform of Entrepreneurs’ Relief

March 12, 2020
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Spring Budget 2020: Thumbs up from Bath advisors but they criticise reform of Entrepreneurs’ Relief

Bath advisors have welcomed a number of measures in the Budget, although the decision to cut, rather than scrap, Entrepreneurs’ Relief received a mixed response. Entrepreneurs’ Relief (ER) – a reduced Capital Gains Tax rate aimed at incentivising the building of successful businesses – has been criticised in some quarters for mainly benefiting wealthy business owners rather...

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Spring Budget 2020: Regional business reaction

March 11, 2020
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Spring Budget 2020: Regional business reaction

Business West, the region’s largest business organisation, has welcomed Chancellor Rishi Sunak’s response to the coronavirus crisis in his Budget – but warned that its commitment to funding big-scale ‘levelling-up’ infrastructure projects through borrowing could unravel if the economy goes into recession. Managing director Phil Smith, pictured, said a strong statement of intent from...

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Spring Budget 2020: Key economic points so far . . .

March 11, 2020
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Spring Budget 2020: Key economic points so far . . .

Key points from the 2020 Budget so far . . . Growth forecasts updated to 1.4% for 2020 and 1.6% for 2021  Planned rise in alcohol duties cancelled Fuel duty frozen Government to abolish business rates for small shops this year levy on electricity frozen and increased on gas Tax on plastic packaging to...

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Spring Budget 2020: Chancellor pledges total package worth £30bn to tackle coronavirus

March 11, 2020
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Spring Budget 2020: Chancellor pledges total package worth £30bn to tackle coronavirus

Key points from Chancellor Rishi Sunak’s first Budget . . . Chancellor started speaking at 12:35pm He says public services are well prepared to tackle coronavirus There is likely to be a "significant" impact on the UK economy but it will return to normal There will be a funding "bridge" for business to help...

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Unique leadership programme offers Bath firms chance to invest in their workforce – and the city

March 6, 2020
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Unique leadership programme offers Bath firms chance to invest in their workforce – and the city

Bath-based organisations are being offered a unique opportunity to support their aspiring leaders through a pioneering leadership development programme designed by the city, for the city. Now in its fifth consecutive year, Bath Bridge aims to make the city a more dynamic place to live and work through a world-class programme for its future...

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LEP highlights region’s industrial collaboration and innovation at its AGM

March 6, 2020
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LEP

Efforts to boost business productivity and increase innovation among West of England manufacturers have been highlighted by the area’s Local Enterprise Partnership (LEP) at its AGM. The meeting, which went under the banner of ‘Our West, Our Future’, heard how the LEP is now delivering its Local Industrial Strategy to spur clean growth that will benefit...

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Time running out to challenge for awards that champion excellence in the region’s boardrooms

March 6, 2020
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Time running out to challenge for awards that champion excellence in the region’s boardrooms

With less than a month to go until nominations close, Bath area directors are being urged to enter one of the South West’s top award schemes recognising excellence and enterprise. The Institute of Directors’ (IoD) South West Director of the Year Awards 2020 aim to champion the region’s outstanding leaders and entrepreneurs.  The awards, which...

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Donations more than double after Visit Bath adds extra charity chalet to city’s Christmas market

March 6, 2020
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Donations more than double after Visit Bath adds extra charity chalet to city’s Christmas market

The charity chalets at Bath’s Christmas market last year collectively raised more than £26,000 for their causes, organiser Visit Bath has announced. The destination marketing organisation added a second chalet for 2019 to take account of an increase in the number of applications – a move that allowed it to double the number of...

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