Chancellor Rishi Sunak has delivered his Budget this afternoon. The main points are: No rise in VAT, income tax or national insurance Corporation tax to rise from 19% to 25% from 2023 but only 10% largest companies will pay, Chancellor claims ‘Super deduction’ in tax for companies that invest in innovation Eight ‘Freeports’ established to deliver ‘an unprecedented economic...
Bath-headquartered law firm Stone King has teamed up with Bath Spa University and Citizens Advice B&NES to launch a free legal clinic in the city as part of a new long-term strategic partnership. The Bath Law Clinic will enable residents to access top-quality legal advice while at the same time developing work experience opportunities...
The Bath and Bristol region has been named as one of the UK’s emerging fintech clusters with the potential to help develop further the country’s status as a global powerhouse for the fast-growth sector. The region – already the UK’s leading tech cluster outside London – features among the top 10 areas in the FinTech Strategic...
Pivoting from a managed-services to a professional-services model during the early stages of the pandemic has paid off for Actual Experience, the world-leading Bath advanced analytics firm. It said the switch, which coincided with many businesses adapting new ways, including remote and home working, reduced its cost base as well as improving operational efficiencies...
Brexit is causing the South West’s small and medium-sized manufacturers ‘significant disruption’ as they try to recover from the economic effects of Covid-19, according to the results of a new survey. The latest South West Manufacturing Barometer shows firms are being hit by more red tape, higher input prices and shortages of raw materials...
The next West of England mayor must show vision and ambition to spearhead the region’s Covid recovery and build a sustainable, long-term prosperity capable of matching London’s economic strength, according to the CBI. The business group this week launched its blueprint for the West of England’s future, which urges the winner of May 6’s...
Land and buildings in Bath suitable for small residential developments are being sought by socially focussed investment group Bristol & Bath Regional Capital (BBRC) as it aims to boost housebuilding in the city. The group, owned and supported by regional organisations including the University of Bath and Bath Spa University, has teamed up with...
Time Finance, the Bath-based alternative financial services firm, has appointed Ed Rimmer as interim chief executive officer. Ed, pictured, returns to the firm – which changed its name from 1pm two months ago – having previously served as chief operating officer. He left last April following a reorganisation of the senior management team. Time...
Bath businesses will be able to learn how to boost their online overseas sales from successful women in eCommerce at a virtual conference next week. The free ‘Women in Global eCommerce’ event on Tuesday is being hosted by the Department for International Trade (DIT) in collaboration with Business West, the organisation behind Bath Chamber...
Milsted Langdon, the regional accountancy firm with an office in Bath, is starting a trainee recruitment campaign as it seeks to grow its team and develop local talent. The firm is reaching out to college students and university graduates to join its supportive training scheme, which helps them obtain a range of professional qualifications. ...
