Bath business experts have been reacting to Tuesday’s Spring Statement, with most pointing to what Chancellor Philip Hammond failed to deliver rather than what he said. The city’s largest accountancy practice Bishop Fleming was particularly hard-hitting in its comments, calling it a “missed opportunity to be bold, imaginative and transformative”, especially as the...
Business West, the region’s largest business organisation, welcomed Chancellor Philip Hammond’s assertion in his Spring Statement that he would continue to “support British businesses” – but it insisted that his actions had to speak louder than words. The £80m pledge to help small firms take on apprentices and the opening up of the construction...
CBI chief economist Rain Newton-Smith said the Chancellor was rightly backing British business to secure the UK’s future prosperity in a new economy. “It’s great to see an upgrade in the state of our public finances and rightly sensible to set more aside for a rainy day with Brexit uncertainty still weighing on the...
The Federation of Small Businesses (FSB) has welcomed Chancellor Philip Hammond’s plea to examine ways to help small businesses deal with the “scourge” of late payment. Chairman Mike Cherry said: “The Chancellor is absolutely right to commit the government to eliminate the scourge of late payments, which place cruel financial pressure on more than...
Key points from today’s Spring Statement: Next spending review will take place in 2019 UK economy grew by 1.7% in 2017 OBR has increased forecast for growth next year but downgraded those for 2021 and 2022 Investment programme of £44bn to raise housing supply to 300,000 a year by the mid-2020s. Extra £1.7bn to...
International marketing group St Ives is to merge three of its West of England-based businesses to create a new Bath-based agency employing more than 200 staff. To be called Edit, the agency will bring together St Ives businesses Response One, Amaze One and Occam under one roof and a single brand in a move...
