Advanced manufacturing

TEDxBath to return in October, with organisers preparing for the best so far

July 28, 2023
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TEDxBath to return in October, with organisers preparing for the best so far

This year’s TEDxBath is shaping up to be the best yet, according to its organisers as they prepare to announce 2023’s line-up. Taking place at The Forum on Saturday 14 October, will feature six speakers and two acts and, according to the team behind it, generate unlimited ideas. TEDx events, which are held across...

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Half marathon organisers call on firms to step up and enter its corporate team challenge

July 25, 2023
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Half marathon organisers call on firms to step up and enter its corporate team challenge

Bath area businesses are being urged to enter teams for a half marathon in September to help raise funds for a range of charities. More than 500 people have already signed up for this year’s Chippenham Half Marathon, with hundreds more expected to register over the coming weeks. But its organisers are keen to...

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£4bn battery gigafactory to put region in the driving seat of the UK’s electric vehicle revolution

July 21, 2023
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£4bn battery gigafactory to put region in the driving seat of the UK’s electric vehicle revolution

Bath and the West of England will become the UK’s centre for electric vehicle technology when the long-expected green light is finally given for a battery gigafactory in Somerset, according to business leaders and politicians in the region. The government this week agreed a deal with Tata Group, which owns Jaguar Land Rover (JLR), to...

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Economic uncertainty and lower consumer spending blamed for big rise in profit warnings

July 20, 2023
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Economic uncertainty and lower consumer spending blamed for big rise in profit warnings

Profit warnings from South West companies listed on the London Stock Exchange soared by 66% in the first half of this year as the cost of living crisis hit consumers. According to new research by international accountancy group EY, 15 warnings were issued by quoted firms in the region during the six months –...

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Record annual lending by region’s alternative funder creates or safeguards nearly 1,500 jobs

July 20, 2023
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Record annual lending by region’s alternative funder creates or safeguards nearly 1,500 jobs

Regional alternative finance lender South West Investment Group (SWIG) lent a record £14m to ambitious small and medium-sized businesses across the region in the past year, new figures show. The non-profit group, which supports viable businesses that cannot secure sufficient funding from their bank, provided 559 loans to 478 start-ups and growing firms in...

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South West firms receive £40m in six months from BGF as region proves fertile ground for investment

July 14, 2023
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South West firms receive £40m in six months from BGF as region proves fertile ground for investment

Growth capital investment group BGF’s South West team backed fast-growth businesses to the tune of £40m during the first half of this year as the region continued to provide fresh opportunities for funding. Capital investments were made across a diverse range of sectors including technology, healthcare, engineering and manufacturing. Among the deals were Bristol-based healthcare...

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Gold award for defence firm with strong commitment to supporting ex-Armed Forces personnel

July 13, 2023
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Gold award for defence firm with strong commitment to supporting ex-Armed Forces personnel

Specialist engineering firm SEA’s support for ex-military personnel has earned it the highest badge of honour under a scheme that recognises the role businesses play in supporting the Armed Forces. The firm, which has its head office in Beckington, near Frome, was presented with the Defence Employer Recognition Scheme (ERS) Gold Award, having previously held a...

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£200m investment fund launched to empower Bath and the South West’s innovative small businesses

July 7, 2023
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£200m investment fund launched to empower Bath and the South West’s innovative small businesses

Small and medium-sized firms in Bath with growth potential can apply to a new £200m fund aimed at boosting innovation and prosperity across the South West. Launched by the British Business Bank yesterday, the South West Investment Fund (SWIF) will increase the supply and diversity of early-stage finance for new and growing smaller firms....

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Firms in inflation spiral as they are forced to put up prices to fund higher wages for their staff

July 7, 2023
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Firms in inflation spiral as they are forced to put up prices to fund higher wages for their staff

Workforce issues, including pressure to increase wages, remain the biggest headache for business based in Bath and across the West of England, with many raising their prices to fund pay awards. Combined with wider concerns over inflation, this has led to a slump in confidence – with levels now lower than they were immediately...

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$38m boost for Avon Protection as US government awards second order for its next-generation helmet

July 3, 2023
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$38m boost for Avon Protection as US government awards second order for its next-generation helmet

US military chiefs have ordered another batch of state-of-the-art helmets from defence manufacturer Avon Protection in a $38m (£30m) deal announced today. The Melksham-based group, which specialises in protective gear, masks and breathing equipment for the military and first-responder markets, will supply the US Army with more of its Next Generation Integrated Head Protection System...

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