Business News

Ahead of the Agenda: The Week Ahead

December 23, 2024
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Monday December 21 Final: River UK Micro Cap Interim: Kodal Minerals Trading announcement: Proteome Sciences Economic announcements: Current account, Gross domestic product Tuesday December 24 Nothing listed Wednesday December 25 Nothing listed Thursday December 26 Nothing listed Friday December 27 AGMs: Skinbiotherapeutics, OPG Power Ventures, Eco (Atlantic) Oil & Gas

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Bath tourism sector ends year on a high after bouncing back from devastation caused by the pandemic

December 20, 2024
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Bath tourism sector ends year on a high after bouncing back from devastation caused by the pandemic

The West of England’s vital tourism industry has fully recovered from the dire impact of the pandemic, figures out today show, with it contributing a record £2.46bn to the regional economy. According to the research carried out by Visit West, the destination marketing organisation behind the Visit Bath brand, the sector supports 46,000 jobs...

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Planning green light signals start of building work on world-leading railway engineering plant

December 20, 2024
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Planning green light signals start of building work on world-leading railway engineering plant

Construction work is to start early next year on industrial giant Siemens’ state-of-the-art £100m factory, which will make the West of England a global leader in railway engineering. The Chippenham plant, pictured, which recently received planning consent from Wiltshire County Council, will employ around 800 skilled workers producing cutting-edge rail infrastructure and digital engineering...

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Time Finance clocks up its strongest-ever lending as its four-year strategy continues to pay off

December 20, 2024
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Time Finance clocks up its strongest-ever lending as its four-year strategy continues to pay off

The chief executive of Bath-headquartered specialist funder Time Finance has expressed his “real confidence” in the group’s continued strong growth following a half year in which it achieved record lending. The group, which provides asset, loan and invoice finance products to more than 10,000 small and medium-sized enterprises across the UK, had a lending book...

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New banking arrangement for Inspecs as it eyes opportunities to put recent sales worries behind it

December 19, 2024
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New banking arrangement for Inspecs as it eyes opportunities to put recent sales worries behind it

Bath-headquartered eyewear group Inspecs has increased its financial flexibility by rearranging its existing banking arrangements as it looks ahead to a brighter 2025. The group, which designs and manufactures a wide range of spectacles, lenses and frames for global markets, warned earlier this month that its full-year revenue and underlying earnings were likely to...

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Pair of Bath architecture firms team up to work on redevelopment of historic industrial site in the city

December 19, 2024
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Pair of Bath architecture firms team up to work on redevelopment of historic industrial site in the city

Bath architectural practices Grant Associates and Feilden Clegg Bradley Studios have been appointed to lead the long-awaited regeneration of one of the city’s largest undeveloped former industrial areas. The firms will work on plans for the historic former Bath Press site for specialist heritage developer City & Country, which acquired it earlier this year.  The...

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Experienced commercial lawyer returns to Mogers Drewett’s dispute resolution team as partner

December 19, 2024
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Experienced commercial lawyer returns to Mogers Drewett’s dispute resolution team as partner

Bath legal and financial planning firm Mogers Drewett has strengthened its dispute resolution team with the appointment of experienced commercial lawyer Jake Stacey as partner. Jake, pictured, was previously an associate solicitor for just over two-and-a-half years in the firm’s disputes team before leaving in 2019.  He has nearly 20 years’ experience in commercial...

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Bath firms hoping Jane Austen powers the city’s tourist economy in her 250th anniversary year

December 19, 2024
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Bath firms hoping Jane Austen powers the city’s tourist economy in her 250th anniversary year

Bath’s hospitality and leisure sectors are getting ready for next year’s Jane Austen 250 celebrations to write a new chapter in the city’s continued growth as a forward-looking tourism hotspot. Festivities are planned throughout the year as the city marks the 250th anniversary of the birth of the author and one-time Bath resident. Jane Austen,...

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Pearson May financial round up

December 19, 2024
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Pearson May financial round up

Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. HMRC issues guidance on foreign tax relief claims Taxpayers urged to check double tax agreements. Click here for more details.  Number of UK businesses using tax havens halves Fewer companies avoid UK tax through offshore schemes. To find out...

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After two decades of transformative impact, Bath consultancy looks ahead to further growth next year

December 19, 2024
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After two decades of transformative impact, Bath consultancy looks ahead to further growth next year

Bath-based change management consultancy Nine Feet Tall has unveiled ambitious expansion plans for 2025 after completing a record year in which it joined an international consultancy group, won a number of new clients and was recognised in industry awards. The firm, which also celebrated its 20th anniversary this year, supports sectors including retail, housing, construction, manufacturing,...

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