Advanced manufacturing

Event: Adapting culture to fit the new mixed working environment

March 12, 2021
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Event: Adapting culture to fit the new mixed working environment

Bath’s HR professionals will be able to hear from a leading expert based in the city on how they can change their workplace culture to meet the new, post-pandemic environment at a webinar next week. The event, the latest staged by Bath HR Network, the group dedicated to collaborative HR knowledge and expertise among employers in the city,...

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Western powerhouse should plug into region’s high-growth sectors to spur economic growth, says report

March 12, 2021
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Western powerhouse should plug into region’s high-growth sectors to spur economic growth, says report

Cyber technology, advanced manufacturing, renewable energy and the green economy should be harnessed to drive recovery and growth in the Western Gateway, the regional powerhouse that includes Bath, the West of England and South Wales. The recommendation comes in an independent report published this week which also suggests the region should focus on raising productivity...

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Council webinar to give advice to firms wanting to green their business

March 11, 2021
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Council webinar to give advice to firms wanting to green their business

Businesses across Bath and North East Somerset seeking to cut their carbon emissions and reduce their environmental impact are being urged to take part in a special webinar to find out about the support available.  The event will give details of measures they can take along with examples of the funding they can access. ...

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Engineering group Rotork looks to post-Covid recovery after ‘resilient’ performance in 2020

March 5, 2021
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Engineering group Rotork looks to post-Covid recovery after ‘resilient’ performance in 2020

Bosses at Bath’s largest manufacturing company Rotork have hailed its resilience over the past year and said, despite a small drop in profits, it was well placed to benefit from the post-pandemic recovery. The firm, which makes specialist valves for the global oil, gas, water and chemical industries, suffered a 9.7% reduction in sales...

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BUDGET 2021: West of England Combined Authority reaction

March 5, 2021
By
Rishi_Sunak

The West of England Combined Authority (WECA) welcomed an extra £4.1m investment announced in the Budget to support its efforts to reduce car usage and improve air quality by getting more people to walk, cycle and use public transport. This new money, for the year 2021-22, comes as WECA continues to develop its West of England Recovery Plan,...

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BUDGET 2021: Analysis – Rob Chedzoy, general practice partner, Milsted Langdon

March 5, 2021
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BUDGET 2021: Analysis – Rob Chedzoy, general practice partner, Milsted Langdon

The events of the past year have led the UK to spend more than £280bn protecting jobs and businesses, with this week’s Budget promising a further £65bn of spending through new loans, grants and the extension of several important schemes.  The measures confirmed in the Chancellor’s speech will play an integral role in helping...

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BUDGET 2021: Analysis – Jon Miles, tax director, Richardson Swift

March 5, 2021
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BUDGET 2021: Analysis – Jon Miles, tax director, Richardson Swift

This week’s Budget was unprecedented, with much-needed spending pledged to aid the UK’s economic recovery and support businesses and individuals through the pandemic, alongside what will clearly be the first of many future tax raises to help repay the country’s escalating national debt.  Although some of the Chancellor’s key announcements had already been reported...

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BUDGET 2021: Regional business reaction

March 3, 2021
By
Rishi_Sunak

West of England business leaders have given many of the measures in today’s Budget a warm welcome – especially the previously-trailed furlough extension – but there was also concern over the delayed Corporation Tax increase. Business West, which runs Bath Chamber of Commerce, said businesses would welcome the extension of the full range of...

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BUDGET 2021: National business reaction

March 3, 2021
By
Rishi_Sunak

The CBI said Chancellor Rishi Sunak’s decision to hike Corporation Tax to 25% in one leap – the first increase since 1974 – would “cause a sharp intake of breath” for many businesses. It also warned that the move – which is planned to come into effect in 2023 – sent a worrying signal to those...

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BUDGET 2021: Key points . . .

March 3, 2021
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BUDGET 2021: Key points  . . .

Chancellor Rishi Sunak has delivered his Budget this afternoon. The main points are:  No rise in VAT, income tax or national insurance  Corporation tax to rise from 19% to 25% from 2023 but only 10% largest companies will pay, Chancellor claims  ‘Super deduction’ in tax for companies that invest in innovation Eight ‘Freeports’ established to deliver ‘an unprecedented economic...

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