Property

Business groups warn of bleak winter as Bath prepares for life in Tier 2 when lockdown ends

November 27, 2020
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Business groups warn of bleak winter as Bath prepares for life in Tier 2 when lockdown ends

Bath’s Tier 2 restrictions when it comes out of the national lockdown next week will have a “chilling impact” on its economy, with much of its hospitality sector remaining “frozen” in the vital run-up to Christmas, business groups have warned. Bath Chamber of Commerce group Business West said despite having escaped being put in...

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Community spirit of pioneering university campus earns it coveted property award

November 27, 2020
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Community spirit of pioneering university campus earns it coveted property award

The innovative design of Bath Spa University’s Locksbrook Campus has been recognised in a prestigious regional property awards scheme. The campus topped the Heritage Project of the Year category in the 2020 Michelmores’ Property Awards.  Now in their 18th year, the awards recognise the best property and construction schemes across the South West, as well...

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Shortage of premium office space in Bath triggers strong interest in investment opportunity

November 26, 2020
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Shortage of premium office space in Bath triggers strong interest in investment opportunity

A Bath office block has been sold for nearly £7m – a price, according to the property agents behind the deal, that reflects the ongoing shortage of prime business space in the city. Grosvenor House, pictured, in The Square off Lower Bristol Road – a property with 18,500 sq ft of Grade A space...

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Reboot for Business West’s online Brexit advice hub as clock ticks down to end of transition period

November 26, 2020
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Reboot for Business West’s online Brexit advice hub as clock ticks down to end of transition period

The award-winning Trading Through Brexit service run by Business West has been relaunched to help companies make crucial last-minute adjustments to the way they operate ahead of the end of the UK-EU transition period. Regardless of whether or not a deal is reached between UK and EU negotiators ahead of deadline on December 31,...

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Chancellor’s Spending Review: Bath business reaction

November 25, 2020
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Chancellor’s Spending Review: Bath business reaction

Business West, which runs Bath Chamber of Commerce, was disappointed with the lack of capital investment promised by the government for the West of England. Policy manager Claire Ralph said: “Some minor funding has been allocated to the West of England Combined Authority for local transport improvements through the Transforming Cities Fund. “Elsewhere it...

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Chancellor’s Spending Review: National business reaction

November 25, 2020
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Chancellor’s Spending Review: National business reaction

Business groups have welcomed the investment in infrastructure and jobs in Chancellor Rishi Sunak’s Spending Review but said many firms still needed more help from the government. The CBI praised the Chancellor for making “some bold autumn decisions” to power a spring recovery even as the stark forecasts pointed to tough times ahead. But...

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Chancellor’s Spending Review: Main points

November 25, 2020
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Chancellor’s Spending Review: Main points

Chancellor Rishi Sunak this week delivered his much-anticipated Spending Review, outlining how the government will tackle the huge economic challenges caused by the coronavirus pandemic. Among the main points were:  The government is spending £280bn on tackling Covid-19 But the Chancellor says: “The economic damage is likely to be lasting.” Forecast for UK borrowing...

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Plea for more help for businesses as government announces new regional tier restrictions

November 24, 2020
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Plea for more help for businesses as government announces new regional tier restrictions

The government has been warned that it cannot “keep switching businesses on and off like a light switch” through Covid-19 related national lockdowns and regional tiers without expecting severe consequences.  Instead, firms need a plan that keeps them, and the economy, open throughout winter and beyond, according to Business West, the organisation that runs...

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Barclays backs Bath student flats scheme with £10m funding for developer

November 19, 2020
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Barclays backs Bath student flats scheme with £10m funding for developer

The developer behind an upmarket student accommodation scheme in Bath has received a £10m finance facility from Barclays to help fund its completion. Aquila Court, on the site of the former Pickford’s warehouse on Lower Bristol Road, is being developed by Bristol and Exeter-based Eagle One Group. Work on the £30m, 203-bed complex is...

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Stone King sets up online tool to help firms prepare for Brexit employment changes

November 19, 2020
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An online tool to help businesses make sure they are ready for the employment implications of Brexit has been launched by the immigration team at Bath-headquartered national law firm Stone King. The free self-audit tool includes a short series of questions answered online.  The instantly-generated results then indicate what action needs to be taken ahead...

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