The South West’s largest business organisation has said many of its members will be “disappointed” with the government’s roadmap for taking England out of national lockdown. Business West, which runs Bath Chamber of Commerce, said following Prime Minister Boris Johnson’s statement in the House of Commons on Monday the onus was now on ministers...
Shares in rapid-growth Bath media group Future soared above £21 for the first time in its history today as it said its full-year profits are likely to be much higher than expected. The highly acquisitive group, whose titles span TechRadar, PC Gamer and Country Life, also updated shareholders on its latest deals, including the...
The vice-chancellors of both of Bath’s universities and the principal of its main college have joined business leaders from across the West of England in backing the creation of a ‘free port’ in the region. Prof Ian White and Prof Sue Rigby of the University of Bath and Bath Spa University respectively and Laurel...
Nearly 2,000 businesses across Bath and North East Somerset forced to close as a result of the third national lockdown have received more than £12m in support grants. Bath & North East Somerset Council had processed 1,825 applications by Wednesday of last week, paying out a total of £11m in support grants and £1.4m...
Bath accountancy firm Pearson May teams up with Bath Business News each week to bring you the top national finance stories. Setting and reviewing employee pay Determining your employees’ pay rates for 2021/22? Click here for more information Stamp duty deadline threatens transactions The government’s stamp duty holiday is due to end on March 31. Find out more...
The Covid pandemic continues to hit business activity and household spending in the UK and the rest of the world. Restrictions put in place to contain the pandemic’s spread are causing many businesses to sell fewer of their goods and services. Some businesses are unable to sell at all. Even though the available evidence...
A specialist banking and finance law team led by Thrings has secured a £50m investment to roll out gigabit-capable broadband services across Cornwall. The funding will support Cornish internet service provider Wildanet’s growth plans by substantially expanding its network across the county. Redruth-based Wildanet was launched in 2017 by chief executive Ian Calvert to...
Bath accountants OCL and Bristol and London law firm Temple Bright have acted for the shareholders of healthcare project management and facilities support business Capitec on its sale to Imagile Professional Services Limited (IPSL). IPSL, established in 2005 and, like Capitec, based in Bristol, is a leading asset management consultancy providing professional services across a broad range of infrastructure sectors...
The Institute of Directors in the South West has appointed experienced tech sector independent director James Savage and Steve Hill, the former managing director of defence contractor SEA, as ambassadors. James, pictured, who has spent 30-plus years in the sector, will be the IoD’s regional ambassador for high-tech industry and tech ventures, having been an independent director on the boards...
Rengen, the Bath property company behind a number of the city’s recent high-profile redevelopments, has secured a £40m finance agreement to fund a new raft of developments across the South West. The debt funding agreement with the real estate division of Intermediate Capital Group (ICG), the London-based global alternative asset manager, will be used to buy...
