Property

Property industry welcomes West of England’s £1bn devolution deal

June 30, 2016
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Property industry welcomes West of England’s £1bn devolution deal

Bath and the West of England's £1bn devolution deal will deliver a well-timed boost to the area's economy following the uncertainty caused by Brexit, leading regional property industry figures said this week. The package – which includes funds for transport, skills, employment and housing – was backed by Bath & North East Somerset (B&NES),...

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Thrings bolsters its commercial property team with appointment of highly experienced partner

June 30, 2016
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Thrings bolsters its commercial property team with appointment of highly experienced partner

Regional law firm Thrings, which has an office in Bath, has strengthened its corporate occupancy, healthcare, and retail and leisure sector offering with the appointment of experienced commercial property specialist Ben Tarrant as partner. Ben, pictured, has acted on transactions for a wide-range of major national retailers on property acquisitions and disposals, and managed...

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Councils backing for £1bn West devolution deal ‘sends out signal of confidence’ say business leaders

June 30, 2016
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Councils backing for £1bn West devolution deal ‘sends out signal of confidence’ say business leaders

Business leaders have welcomed the £1bn West of England devolution deal approved by councillors this week, calling it a “strong signal of long-term confidence and investment into this area”. Bath & North East Somerset (B&NES), along with Bristol City and South Gloucestershire councils, agreed the package, which transfers funding and powers from Westminster in...

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Councillors must back £1bn West devolution deal, say city’s business leaders

June 29, 2016
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Councillors must back £1bn West devolution deal, say city’s business leaders

Bath business leaders have called on councillors to back the £1bn devolution package for the West of England when it goes before a special council meeting this evening. The deal, announced by Chancellor George Osborne in this year’s Budget, would bring essential funding and additional powers for key areas such as transport, housing, employment...

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Jobs axed and investment frozen as Brexit starts to hit Bath firms

June 29, 2016
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Jobs axed and investment frozen as Brexit starts to hit Bath firms

Firms across Bath and the West of England are already cutting jobs, hiking prices and freezing investment as a result of the fall-out from the Brexit vote, according to a snap poll by Business West, the region’s largest business organisation. One company said it was considering moving overseas while others have stopped taking on...

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Views on Brexit impact sought from Bath firms as Government moves to steady businesses’ nerves

June 28, 2016
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eu flag

Firms from Bath and across the West of England are being asked for their views on the likely impact of Brexit ahead of a series of crunch meetings between business leaders and senior government figures. The first takes place today when Business Secretary Sajid Javid, pictured, hosts a round table with more than 20 representatives...

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Brexit: Regional property market analysis

June 24, 2016
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Brexit: Regional property market analysis

The region's residential and commercial property markets face a long period of uncertainty as the economic and political impact of the EU referendum results plays out, according to industry experts. Occupier demand for offices, warehouses and shops could be weaker and investment sentiment subdued, according to Paul Baker, director in the regional office of...

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Brexit: Bath area firms suffer from stock market fall-out

June 24, 2016
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Brexit: Bath area firms suffer from stock market fall-out

Millions of pounds were wiped off the value of Bath area firms quoted on the London Stock Exchange today as they became caught up in the Brexit share price collapse. Rotork, Bath's largest manufacturer, suffered a 4.4% drop in its share price this morning. The firm, which makes specialist valves for the global oil...

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Extra office space for Richardson Swift as team continues to grow

June 24, 2016
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Extra office space for Richardson Swift as team continues to grow

Bath accountancy firm Richardson Swift has taken on more staff and additional office space as demand for its specialist business advice and payroll services grows. Among the new joiners are associate director Tom Baines, who arrives from Berkeley Hamilton in Gloucester, where he was an associate partner. Prior to this Tom, who has more...

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Brexit: National business reaction

June 24, 2016
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Brexit: National business reaction

Business organisation the CBI, which had lobbied hard for the UK to remain in the EU, called for “strong and calm leadership” from the Government to ensure economic stability as Brexit kicks in. Director-general Carolyn Fairbairn described the vote as a “momentous turning point” in the country’s history. “The country has spoken and it’s...

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