Advanced manufacturing

Rotork’s profits recover – but its shares come under pressure as CEO announces he is to step down

August 6, 2021
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Rotork’s profits recover – but its shares come under pressure as CEO announces he is to step down

Profits have bounced back at Rotork, Bath’s largest manufacturing company, despite ongoing challenges in its markets – but its shares fell after its chief executive announced he is to quit. The group, which makes specialist valves for the global oil, gas, water and chemical industries, posted an 8.4% rise in pre-tax profits to £54.1m...

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Fraud soared as criminals used pandemic to target vulnerable firms and individuals, research shows

August 5, 2021
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Fraud soared as criminals used pandemic to target vulnerable firms and individuals, research shows

Professional criminals took advantage of the unprecedented conditions caused by the pandemic to con businesses and individuals across the South West out of millions of pounds, new figures show. According to accountancy group KPMG latest Fraud Barometer, cases reaching the region’s courts in the first half of this year soared by more than three...

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Designability searches for new chair to champion its mission of using technology for independent living

July 30, 2021
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Designability searches for new chair to champion its mission of using technology for independent living

The hunt has started for a new chair for Designability, the Bath charity that has been providing its unique Wizzybug wheelchairs free of charge to very young disabled children since 2011.  Designability, which began life in 1968 as the Bath Institute of Medical Engineering, has helped more than 300,000 disabled children and adults live with...

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Pioneering Bath firms could miss out under Govt’s new Innovation Strategy, warns Metro Mayor

July 29, 2021
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Pioneering Bath firms could miss out under Govt’s new Innovation Strategy, warns Metro Mayor

The government’s new Innovation Strategy, which aims to turbo charge the UK’s most pioneering businesses, will fall flat unless its key decisions are devolved to the regions, according to West of England Metro Mayor Dan Norris. In his latest broadside against what he sees as over control by Westminster, the Labour mayor said there...

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Bath Business Blog: Rob Brown, tax partner, Milsted Langdon. Changes to taxation seem increasingly likely

July 28, 2021
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Bath Business Blog: Rob Brown, tax partner, Milsted Langdon. Changes to taxation seem increasingly likely

To date, the government has spent more than £372bn on the nation’s response to Covid-19 and while much of the financial support on offer is due to end in a few months’ time, the spiralling costs have had a heavy hit on the public finances. That is why we are calling on taxpayers to...

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We’re ready to support ambitious firms to grow, LDC South West team says as opportunities return

July 27, 2021
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We’re ready to support ambitious firms to grow, LDC South West team says as opportunities return

The South West team of LDC, the leading mid-market private equity firm, is predicting significant growth and investment opportunities for small and mid-sized businesses over the coming year as the regional economy recovers from the pandemic. The team completed three deals in the first half of this year with a combined enterprise value of...

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Charity calls on food firms to hand over any surplus to help feed hungry kids this summer

July 22, 2021
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Charity calls on food firms to hand over any surplus to help feed hungry kids this summer

Bath’s food businesses are being urged not to bin their surplus produce but to redirect it to FareShare Southwest, the region’s largest food redistribution charity, as it gears up to prevent children going hungry during the school holidays. The food will help the charity, whose mission is to fight hunger while tackling food waste,...

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Relaxing workplace Covid rules has created new stress for employers, Royds Withy King lawyer warns

July 20, 2021
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Relaxing workplace Covid rules has created new stress for employers, Royds Withy King lawyer warns

Employers have been warned to take urgent action to a avoid stress and potential conflict in the workplace following the easing of government Covid restrictions yesterday. Kate Benefer, a partner in the employment law team at Bath-headquartered law firm Royds Withy King, said the removal businesses had to take decisions on how and when...

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Stay cautious as city opens up again from Monday, businesses are warned amid soaring cases

July 16, 2021
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Stay cautious as city opens up again from Monday, businesses are warned amid soaring cases

Bath area firms are being urged to remain cautious about easing Covid-related measures too quickly as the country prepares for most legal restrictions to be lifted on Monday. With infection rates rising again across the area, Bath & North East Somerset Council is encouraging residents to avoid crowded areas, if possible, and to continue...

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Bath firms challenged to go head-to-head in epic 20-mile walk to help the homeless

July 14, 2021
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Bath firms challenged to go head-to-head in epic 20-mile walk to help the homeless

Bath homeless charity Julian House is calling on businesses of all sizes in the city to take on its epic fundraising challenge – The Circuit of Bath Walk.  The sponsored walk, now in its 20th year, takes place on Sunday, September 26, and involves a 20-mile circular route through some of the most beautiful...

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