Investment by foreign businesses into the South West rose last year despite the pandemic in contrast to a fall for the UK as a whole. According to a new report by accountancy group EY, the South West achieved a 6.7% increase in Foreign Direct Investment (FDI) projects in 2020 – up by two to...
West of England Metro Mayor Dan Norris is calling on employers to help increase the number of apprenticeships in the region. With an estimated £4m to £8m of unused Apprenticeship Levy funds returned to the Treasury each year, Mayor Norris is calling for apprentice levy-paying employers to give their unused funds to a new scheme called Share to Support. Administered...
Two sewage and food waste-powered trucks bought by Bath-based utility group Wessex Water will hit the roads this summer, ushering in a transport revolution that could potentially slash greenhouse gas emissions and improve air quality. The vehicles, pictured, which follow in the tyre tracks of Wessex Water’s pioneering ‘poo bus’, have been converted from...
Bath-based alternative financial services firm Time Finance has appointed Ed Rimmer as CEO just under four months after he returned to the group to take on the role on an interim basis. Ed, pictured, had been chief operating officer at Time until April last year when he left following a reorganisation of the senior...
Bath accountancy firm Pearson May and Bath Business News team up with each week to bring you the top national finance stories. R&D tax credits a ‘costly failure’ Research and development spending is lower than 20 years ago Click here for more details HMRC crackdown on gifting rules claws back £624m Families hit with big inheritance tax bills after...
Maths may not seem an obvious subject to turn to for businesses recovering from the impact of the pandemic but mathematicians from the University of Bath are using their expertise to do just that. The university’s Institute for Mathematical Innovation (IMI) is running a short series of free mini-workshops targeted at sectors that have been...
