Defence manufacturer Avon Protection has continued its recovery from a difficult couple of years by receiving its second delivery order, worth $6.7m (£5.5m), from the US government for its Advanced Combat Helmet. The Melksham-based group, which specialises in protective gear, masks and breathing equipment for the military and first-responder markets, said rigorous testing was still ongoing on...
Travel trade buyers and tour operators from around the world have visited Bath as part of a new campaign by tourist bosses to boost the number of overseas visitors to the city. Prior to the pandemic, around 1m international tourists a year came to the West of England – delivering a major boost to...
A spin-out company from the University of Bath is set to develop ultralight and low-carbon next-generation materials for the aerospace and automotive industries. Aerogel Core has been set up by engineers from the university to specialise in products containing innovative and environmentally friendly aerogels for use in soundproofing and heat shielding. The team’s research...
After multiple policy U-turns and much uncertainty, the main rate of Corporation Tax will rise from 19% to 25% from 1 April, writes Pearson May partner Matthew Rutter. The government will also establish a ‘small profits rate’, which will hold Corporation Tax at 19% on profits of £50,000 or less. According to the government,...
Monday February 6 Trading announcement: Darktrace Economic announcements: PMI Construction, Halifax House Price Index Tuesday February 7 Finals: BP, Kosmos Energy, React Group Interims: Genus, Mattioli Woods, Alumasc Group, Feedback Trading announcements: SSE, Syncona Economic announcement: Retail Sales Wednesday February 8 Finals: Hardide, Smurfit Kappa Group Interims: Ashmore Group, Barratt Developments, Cap-XX Trading announcement: Severn Trent Thursday February 9 Finals: Astrazeneca, Unilever Interims: MJ Gleeson,...
Bath’s long-awaited creative centre in the city’s former Stothert & Pitt crane works has been officially launched – with more than half the space already let. The once-derelict riverside buildings on Lower Bristol Road have been transformed by developer and regeneration specialists TCN into modern workspace of the type that firms in Bath’s burgeoning creative...
Bath-based education technology company DoodleLearning has been championed in a prestigious US awards scheme for its revolutionary maths app. Designed to be used for just 10 minutes a day by children aged from four to 14, the DoodleMaths app uses the latest advances in learning and motivational psychology to raise attainment and boost confidence...
Bath-based full-fibre broadband provider Truespeed is aiming to more than double the size of its network this year having achieved record growth in 2022. The firm expanded its footprint by 25,000 properties across the South West last year – taking the total to 60,000 – connecting 13,000 customers and hiring more than 80 new employees. This year it...
Each week Bath accountancy firm Pearson May and Bath Business News team up to bring you the top national finance stories. HMRC publishes updated VAT penalty regime The new penalty system came into effect on 3 January. Click here to find out what has changed Small business tax debt is growing Non-payment has increased since the Covid-19 pandemic. Find out...
A hotel near Bath is to give discounts on overnight stays if guests commit to helping make it a more sustainable venue, including taking quicker showers and reusing towels. Bowood Hotel, Spa and Golf Resort, pictured, says the aim is to educate guests on its energy conserving practices by encouraging them to adopt sustainable...
