Media

Rebound in confidence following Brexit poll, survey shows, but majority of firms still fear slowdown

December 2, 2016
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Rebound in confidence following Brexit poll, survey shows, but majority of firms still fear slowdown

Business confidence has bounced back after being hit by the Brexit referendum result, according to the latest Business Barometer from regional accountancy firm Bishop Fleming. However, 56% of business owners remain doubtful about the year ahead and half have no plans to take on additional staff next year. In another sign of an impending...

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Age UK calls on Bath firms to back its £5,000 Christmas campaign

December 2, 2016
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Age UK calls on Bath firms to back its £5,000 Christmas campaign

Bath-based web design firm Zonkey Solutions has created an online advent calendar for Age UK Bath & North East Somerset to support its Christmas campaign. The charity aims to raise £5,000 during December to support its work with older people across the area.  Zonkey Solutions, which also specialises in search engine optimisation, graphic designers,...

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Sales and profits surge brings pleasure to Lovehoney as Fifty Shades tie-up reaps rewards

November 25, 2016
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Sales and profits surge brings pleasure to Lovehoney as Fifty Shades tie-up reaps rewards

Bath-based sex toy retailer Lovehoney is predicting more international expansion next year after achieving a 68% rise in annual pre-tax profits. The firm, which gained a Queen’s Award for International Trade earlier this year, said strong website growth in the UK and in export markets was behind the increase in pre-tax profits to £5.1m...

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Integrity Print continues growth in its centenary year as it snaps up label firm

November 25, 2016
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Integrity Print continues growth in its centenary year as it snaps up label firm

Business printer Integrity Print has acquired a small label printing company that works with toy makers Lego and Hasbro UK. Cardiff-based Alliance Labels now becomes a trading division of Integrity Print, which employs more than 300 people and operates more than 50 presses on its 16-acre site on Midsomer Norton’s Westfield Trading Estate. The...

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Future reaps rewards of spate of acquisitions and growth of digital platforms

November 25, 2016
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Future reaps rewards of spate of acquisitions and growth of digital platforms

Hectic acquisition activity at Future, the Bath-based international media group, has paid off, its chief executive has said as she unveiled a big leap in annual operating profits. Zillah Byng-Thorne, pictured, hailed the group’s success in creating a leading global specialist media platform after a major restructuring over recent years during which it also...

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German media software acquisition will bring step-change in growth, says SCISYS

November 24, 2016
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German media software acquisition will bring step-change in growth, says SCISYS

SCISYS, the specialist IT group, is to acquire German media software firm Annova Systems for up to €27.83m (£23.8m) in a move that will give a strong international boost to its own media & broadcast division. Chippenham-based SCISYS said the acquisition, which it is funding mainly from a new bank loan, was expected to be...

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Autumn Statement 2016: Bath business reaction

November 23, 2016
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cash

Regional accountants Bishop Fleming, which has an office in Bath, said Philip Hammond’s first Autumn Statement was a clarion call to industry to be more productive and to make the UK ‘match fit’ for a bumpy Brexit ride ahead. It said the Chancellor’s first fiscal statement promised billions of government money for houses, roads,...

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Autumn Statement 2016: Business West reaction

November 23, 2016
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cash

Bath businesses will welcome Chancellor Philip Hammond’s focus on investment in the Autumn Statement, particularly in areas where growth pressures are highest, according to Business West, the organisation that runs Bath Chamber of Commerce. Phil Smith, pictured, managing director of the region’s largest business organisation, described the statement as “a sombre, not flashy, affair”...

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Autumn Statement 2016: National business reaction

November 23, 2016
By
cash

Business organisation the CBI “warmly welcomed” Chancellor Philip Hammond’s commitments to boost research and development, housing and infrastructure. But it said these must be acted on. Director-general Carolyn Fairbairn, pictured below, said: “The Chancellor has prioritised a pragmatic down payment on future productivity growth.  “His emphasis on R&D, housing and local infrastructure will help...

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Autumn Statement 2016: Main points

November 23, 2016
By
cash

Chancellor Philip Hammond his presented his first Autumn Statement: Here are the main points, as announced: Office for Budget Responsibility says growth this year will be 2.1%, 1.4% next year (down from 2.2%), 1.7% in 2018 (down from 2.1%), 2.1% in 2019/20 (down from 2.1%) and 2% in 2020/21, (down from 2.1%). As expected, the...

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