Business leaders have welcomed the £1bn West of England devolution deal approved by councillors this week, calling it a “strong signal of long-term confidence and investment into this area”. Bath & North East Somerset (B&NES), along with Bristol City and South Gloucestershire councils, agreed the package, which transfers funding and powers from Westminster in...
Bath business leaders have called on councillors to back the £1bn devolution package for the West of England when it goes before a special council meeting this evening. The deal, announced by Chancellor George Osborne in this year’s Budget, would bring essential funding and additional powers for key areas such as transport, housing, employment...
Firms across Bath and the West of England are already cutting jobs, hiking prices and freezing investment as a result of the fall-out from the Brexit vote, according to a snap poll by Business West, the region’s largest business organisation. One company said it was considering moving overseas while others have stopped taking on...
Firms from Bath and across the West of England are being asked for their views on the likely impact of Brexit ahead of a series of crunch meetings between business leaders and senior government figures. The first takes place today when Business Secretary Sajid Javid, pictured, hosts a round table with more than 20 representatives...
Green energy supplier Good Energy has raised £3.1m from its latest share offer as it aims to increase its number of customers five-fold by 2020. Good Energy said the majority of the 2,000 individual applications for shares were from its customers. Funds raised through the share offer will be used to boost Good Energy’s...
The region's residential and commercial property markets face a long period of uncertainty as the economic and political impact of the EU referendum results plays out, according to industry experts. Occupier demand for offices, warehouses and shops could be weaker and investment sentiment subdued, according to Paul Baker, director in the regional office of...
Millions of pounds were wiped off the value of Bath area firms quoted on the London Stock Exchange today as they became caught up in the Brexit share price collapse. Rotork, Bath's largest manufacturer, suffered a 4.4% drop in its share price this morning. The firm, which makes specialist valves for the global oil...
Bath accountancy firm Richardson Swift has taken on more staff and additional office space as demand for its specialist business advice and payroll services grows. Among the new joiners are associate director Tom Baines, who arrives from Berkeley Hamilton in Gloucester, where he was an associate partner. Prior to this Tom, who has more...
Business organisation the CBI, which had lobbied hard for the UK to remain in the EU, called for “strong and calm leadership” from the Government to ensure economic stability as Brexit kicks in. Director-general Carolyn Fairbairn described the vote as a “momentous turning point” in the country’s history. “The country has spoken and it’s...
Business organisation the CBI, which had lobbied hard for the UK to remain in the EU, called for “strong and calm leadership” from the Government to ensure economic stability as Brexit kicks in. Director-general Carolyn Fairbairn described the vote as a “momentous turning point” in the country’s history. “The country has spoken and it’s...
