Blog Archives

Alliance Pharma’s sudden change of CEO unsettles shareholders as it delays annual results for third time

May 10, 2024
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Alliance Pharma’s sudden change of CEO unsettles shareholders as it delays annual results for third time

Shares in international healthcare group Alliance Pharma slumped to a 12-year low after its chief executive spooked investors by announcing he is to step down from the business. Peter Butterfield, who joined the Chippenham-headquartered group in 2010 and has been CEO for the past six years, will leave on 30 June.    In a...

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Pearson May financial round up

May 10, 2024
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Pearson May financial round up

Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. MPs warn unfair banking is harming small firms Treasury Committee says confidence among SMEs has fallen. Click here to find out more Higher mortgage rates hit property rebound Potential homebuyers being deterred by high prices. For more details, click here

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MoD awards multi-million pound contract for chemical warfare masks to Avon Protection

May 9, 2024
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MoD awards multi-million pound contract for chemical warfare masks to Avon Protection

Defence manufacturer Avon Protection’s technological leadership in designing and making respirators against chemical attacks has landed it a contract worth up to £38m with the MoD. The group, which specialises in protective gear, masks and breathing equipment for the military and first-responder markets, will produce the equipment at its UK manufacturing plant near Melksham. ...

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Jet2 extends sunshine destinations from Bristol Airport as summer holiday competition heats up

May 9, 2024
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Jet2 extends sunshine destinations from Bristol Airport as summer holiday competition heats up

Airline and holiday group Jet2 has added three more summer destinations to its route network from Bristol Airport. The company, the UK’s largest tour operator and third largest airline, introduced flights to Bourgas in Bulgaria this week.  Later this month it will launch its services to Costa de Almeria in Spain and the Turkish resort of Izmir. Jet2...

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Substantial increase in South West business optimism flagged up by third survey in less than two weeks

May 8, 2024
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Substantial increase in South West business optimism flagged up by third survey in less than two weeks

Another business survey has pointed to a dramatic bounce back in confidence among South West firms as the outlook on inflation and interest rates improves. Results of the quarterly survey by the Federation of Small Businesses (FSB) show optimism levels soared by 40 percentage points to their highest level since October 2021.  As a...

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Bath Uni academic takes over as chair of advisory board overseeing city’s World Heritage status

May 8, 2024
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Bath Uni academic takes over as chair of advisory board overseeing city’s World Heritage status

The partnership panel that helps maintain and protect Bath’s UNESCO World Heritage status has a new chair. University of Bath academic Prof Marion Harney, who was appointed chair of the City of Bath UNESCO World Heritage Site Advisory Board and Enhancement Fund, said she would use her expertise in building and landscape conservation to...

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Bath office for Welsh corporate finance boutique to be springboard for its expansion into South West

May 8, 2024
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Bath office for Welsh corporate finance boutique to be springboard for its expansion into South West

Independent mergers and acquisitions advisory boutique firm Lexington is to open an office in Bath as part of its plan to expand into the South West. The office in Queen Square, pictured, will be led by recently appointed director James Cox, who has joined the Cardiff-headquartered firm from global accountancy group PwC.  Lexington, which specialises in disposals,...

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Mogers Drewett workshop will give firms chance to ‘Move On Up’ in Mental Health Awareness Week

May 7, 2024
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Bath-based legal and financial planning firm Mogers Drewett is to host a special HR event next week to highlight the important relationship between physical activity and mental wellbeing at work. Called Move On Up, the workshop is being staged on 16 May as part of Mental Health Awareness Week 2024.  It is aimed at leaders...

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New CEO for rapid-growth Huboo as co-founder prepares to step down from the role

May 7, 2024
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New CEO for rapid-growth Huboo as co-founder prepares to step down from the role

The Bath-based CEO and co-founder of eCommerce fulfilment success story Huboo is to step back from its day-to-day operations, having built it into a major European business with more than 700 employees in just seven years. Martin Bysh, who co-founded the firm with chief innovation officer Paul Dodd with two safe storage lockers in Bath, is...

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New tax partner for Milsted Langdon ‘underscores firm’s commitment to excellence’

May 7, 2024
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New tax partner for Milsted Langdon ‘underscores firm’s commitment to excellence’

Experienced Chartered Tax Adviser Ben Branson has been promoted to tax partner at regional accountancy and business advisory firm Milsted Langdon. The firm, which has one of its five offices in Bath, said Ben’s promotion underscored its commitment to excellence and its reputation as a national leader in tax consultancy. It also comes as...

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