A business launched by two former schoolfriends from Bath has raised £1m from its first investment round to market its pioneering wearable workplace safety technology. Spacebands is on a mission to improve workplace safety by using its technology to prevent accidents, injuries and deaths in hazardous environments. Initially seeking seed investment of £600,000, it has now received £1m...
Bath-headquartered alternative finance group Time Finance has recruited Casey Baldwin as business development manager in its invoice finance team. Casey, pictured, joins with 10 years’ experience in the invoice finance sector, having spent her career working alongside both national brokers and business owners to package supportive and flexible funding solutions. She most recently worked at Novuna,...
West of England impact investor Bristol & Bath Regional Capital (BBRC) is to expand its homes division to finance 1,500 quality new homes for key workers across the region by 2028. The move, which follows an equity investment in BBRC from London-based specialist impact investor Zamo Capital, will help it build on the success...
Independent commercial bank Unity Trust has appointed Steven Lovell as its relationship manager for the South West to support and develop its customer portfolio in the region. Steven, pictured, has more than a decade of experience in financial services having worked in Bristol for The Co-operative Bank, NatWest and, most recently, Lombard Asset Finance,...
Business West is to mark International Women’s Day with an event celebrating the region’s female entrepreneurs and focusing on the importance of promoting gender equity in business. A panel of five inspirational women from the region will discuss a range of topics at the event on 8 March, such as how business leaders can...
Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. Industry calls for pause of R&D reforms The House of Lords has expressed concern over some new measures. Click here to find out more UK sets out plans to regulate cryptocurrency HMRC aims to provide clarity for businesses and...
A Bath firm developing innovative bioplastic food packaging from seaweed has secured more than £3m to take its technology another step closer to everyday use. Sustainable biotech business Kelpi invented the unique compostable material to replace single-use fossil fuel plastics, which take hundreds of years to decompose. The seed round, led by Bristol-based specialist...
Bath’s Christmas Market, which returned last year for the first time since 2019, attracted an estimated half-a-million visitors, according to official figures just released – making it one of the most successful in its 20-year history. Footfall was round 25% up on pre-2019 average and while the financial impact of the market has not...
More than 100 firms across the West of England have signed up to a regional Good Employment Charter which pledges to pay staff a Real Living Wage and clamp down on the use of zero-hours contracts. Introduced by Metro Mayor Dan Norris as part of a campaign against poverty pay, it also commits employers...
After multiple policy U-turns and much uncertainty, the main rate of Corporation Tax will rise from 19% to 25% from 1 April, writes Pearson May partner Matthew Rutter. The government will also establish a ‘small profits rate’, which will hold Corporation Tax at 19% on profits of £50,000 or less. According to the government,...
