Mulberry, the luxury goods brand, has slumped into the red with a half-year loss of £1.1m after a disastrous attempt to go upmarket backfired. The firm, based at Chilcompton, suffered a 9% fall in sales to £45.1m in the six months to September 30 while wholesale revenues tumbled 31% to £19.6m. In the same...
Bath-based health food wholesaler Supernutrients has leapt into a widely-respected league table of the country’s fastest-growing private businesses. The family-owned firm, formed in 2006 and based at South Stoke, is one of Europe’s largest importers and wholesalers of superfoods such as Goji berries, coconut oil and wheatgrass. Its 89% average annual sales growth over...
Hi-tech start-ups incubated by SETsquared, the innovation hub backed by the University of Bath, have created 9,000 jobs and contributed a staggering £3.8bn to the UK economy, research released today shows. The figures, which emerge from a study commissioned from Warwick Economics & Development, are based on the 1,041 companies that have benefitted from...
A masterplan developed by Bath-based firm of landscape architects Grant Associates to create London’s “most-liveable” neighbourhood has won it one of the top awards in its industry. Grant Associates’ bold infrastructure and public realm plan will transform the Church Street and Paddington Green area, setting new UK standards and creating a neighbourhood retro-fitted to...
The Bath Business Expo returns next spring – and after the success of this year’s event it promises to be bigger and better represent the city’s dynamic business scene. All 72 stands at this July’s Expo, held at the Guildhall, were sold out and more than 400 visitors attended the all-day event. Next year’s...
Bath-based PR firm DWP Public Relations has helped its client Clifton Asset Management reach the finals of the prestigious Business Moneyfacts Awards. Clifton has been shortlisted in two categories – Best Alternative Funding Provider 2015 for its pensionledfunding.com site and Innovation in the SME Finance Sector award for the alternativebusinessfunding.co.uk portal. Clifton and pensionledfunding.com...
Bath accountancy firm Richardson Swift has strengthened its growing business and tax advisory team with the appointment of corporate tax specialist Geoff Don. Geoff, pictured, joins from rivals Monahans where he was director of tax consultancy services in Bath for eight years. Prior to this he spent 20 years in London working for national...
The Chancellor produced a balanced Autumn Statement yesterday that addressed business concerns around rates reform and finance, Bath business leaders said. Phil Smith, managing director of Business West, which runs Bath Chamber of Commerce, described it as a “crowd-pleasing” set of proposals for business, particularly its pledge for a major review into the “iniquitous...
National business groups have broadly welcomed measures in the Chancellor’s Autumn Statement, but said he could have done more to boost innovation. The CBI described the major changes on stamp duty and business rates would be as “a shot in the arm for families and growing firms as they look towards 2015”. Director-general John...
Chancellor George Osborne has delivered his 2015 Autumn Statement. Key points: Compared to his first Autumn Statement four years ago, the Chancellor said there was now higher growth, lower unemployment, falling inflation and a deficit half what the Government inherited "Our economic plan is working," he said. "Britain back living within its means." But...
