Business leaders have welcomed the £1bn West of England devolution deal approved by councillors this week, calling it a “strong signal of long-term confidence and investment into this area”. Bath & North East Somerset (B&NES), along with Bristol City and South Gloucestershire councils, agreed the package, which transfers funding and powers from Westminster in...
Bath business leaders have called on councillors to back the £1bn devolution package for the West of England when it goes before a special council meeting this evening. The deal, announced by Chancellor George Osborne in this year’s Budget, would bring essential funding and additional powers for key areas such as transport, housing, employment...
Firms across Bath and the West of England are already cutting jobs, hiking prices and freezing investment as a result of the fall-out from the Brexit vote, according to a snap poll by Business West, the region’s largest business organisation. One company said it was considering moving overseas while others have stopped taking on...
Firms from Bath and across the West of England are being asked for their views on the likely impact of Brexit ahead of a series of crunch meetings between business leaders and senior government figures. The first takes place today when Business Secretary Sajid Javid, pictured, hosts a round table with more than 20 representatives...
Millions of pounds were wiped off the value of Bath area firms quoted on the London Stock Exchange today as they became caught up in the Brexit share price collapse. Rotork, Bath's largest manufacturer, suffered a 4.4% drop in its share price this morning. The firm, which makes specialist valves for the global oil...
Business organisation the CBI, which had lobbied hard for the UK to remain in the EU, called for “strong and calm leadership” from the Government to ensure economic stability as Brexit kicks in. Director-general Carolyn Fairbairn described the vote as a “momentous turning point” in the country’s history. “The country has spoken and it’s...
Business West, the region’s largest business organisation, called on the government to immediately commit to negotiate the best deal possible for British firms following the referendum result. Failing to do that could risk jeopardising new investment from the many overseas firms that have chosen to base themselves in the region to give them access...
Nearly 75,000 jobs could be created in the South West if the UK stays in the European Union, the CBI has claimed in one of the last pro-EU salvos by a major business group ahead of Thursday’s vote. The CBI, a staunch backer of the ‘remain’ camp during the referendum campaign, said official Treasury...
Business leaders from across the region were recognised at the Institute of Directors 2016 Director of the Year Awards. Simon Barbato, founder and CEO of Bath-based brand, digital and marketing agency was named South West Director of the Year. Other winners were: James Piper of Ecosurety in Bristol (Young Director), Brady George of Keynsham-based Almeda...
Vectura, the Chippenham-based specialist pharmaceutical firm, has shaken up its boardroom following its £440m merger with Skyepharma in March. As announced at the time of the tie-up with London-based Skyepharma, Vectura’s chief financial officer Andrew Oakley has stepped down from the board. Andrew joined Vectura in January last year from Swiss biopharma firm Actelion...
