1pm, the Bath-based specialist lender to small and medium-sized businesses, has agreed a £1m increase in the amount it will be able to offer to firms. The increase is a 50% rise on 1pm’s existing block discounting facility with one of its funders. In a statement to the London Stock Exchange, it said the...
Sales staff at Bath’s Mercedes-Benz dealership are celebrating being part of the regional group that recently won the manufacturer’s Sales Team of the Year Award. The Peasedown St John dealership is one of the Sytner group of Mercedes-Benz sites in the West judged as having the best UK sales team across a number of...
Logistics group Wincanton has renewed its warehousing and distribution contracts with food giant Heinz and maintained its position as one of the global brand’s Golden Circle of preferred suppliers. Chippenham-based Wincanton has been transporting around 92m cases of Heinz products a year for the past 15 years. The renewals takes this contract to 2015,...
The Localism Act, which gives local communities more say about planning and development, was given Royal Assent on Tuesday. But is it good news for Bath and the West region? According to the Chartered Institute of Public Finance and Accountancy (CIPFA), it is an encouraging shift of power from central government to communities. For...
A much-needed centre for Bath’s burgeoning creative industries could be developed at Green Park Station as part of far-reaching plans announced today. Supermarket giant Sainsbury’s has unveiled its plans for a major investment in the city’s Western Riverside area, opening it up the area to create employment, residential and community space and creating hundreds...
Helphire, the Bath-based accident-claim handler, which reported losses of £34.1m in the year to June 30, said today that it has seen a small increase in referral volume and hires since the end of September "but hire length, which is a key driver of the group's performance, is substantively below historical levels and marginally below...
Bath-based Rotork, the market leading actuator manufacturer and flow control company, announced today that it has paid $75.8m (£48.1m) in cash for Fairchild, a US manufacturer of high-precision pneumatic controls and power transmission products for a wide range of industries. The American company, headquartered in Winston-Salem, North Carolina, is described as asset-light with a similar outsourced model to...
South West entrepreneur Mike Love (pictured) was shortlisted last night for Grant Thornton's 2012 Chairman of the Year Quoted Company awards. Dr Love has grown a number of companies, including CODASciSys, which at its peak featured in the Top 50 companies on AIM. It was taken private by Unit4 Agresso in 2008 in a deal...
The UK economy was dealt another blow today as the latest unemployment figures showed record levels of unemployment, particularly among young people. Statistics from the Office for National Statistics showed unemployment among young people at its highest level, surpassing a million for the first time. Some 178,000 people above the age of 16 are...
Crest Nicholson, the developer behind Bath's Western Riverside regeneration scheme, has been named Sustainable Housebuilder of the Year. The award recognises companies which demonstrate a real commitment to innovation in the housebuilding industry. Crest plans to build more than 2,000 homes on the 44-acre site as part of a £400m regeneration scheme. Crest...
