Business News

Pearson May Financial Update: The end of the tax year is approaching – do you need to take action?

February 14, 2025
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Pearson May Financial Update: The end of the tax year is approaching – do you need to take action?

As the end of the 2024/25 tax year approaches on 5 April, it is also a good time to review your affairs, making the most of opportunities to maximise your income and minimise your tax, writes Pearson May partner Jacqui Bowden. Some tax planning may require action to be taken before 5 April. I will...

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Ahead of the Agenda: The Week Ahead

February 9, 2025
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Monday February 10 Interim: Ensilica Tuesday February 11 Final: Wynnstay Group Interims: MJ Gleeson, Dunelm Group Trading announcements: Bellway, Babcock International Group Wednesday February 12 Finals: Coca-Cola HBC, TBC Bank Group, Smurfit Westrock Interim: Barratt Redrow Thursday February 13 Finals: Barclays, Relx, British American Tobacco, Unilever Interim: Renishaw Economic announcements: Index of services, Gross domestic product, Manufacturing production, Balance of trade, Industrial production,...

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The deadline is looming for the South West’s most prestigious annual property awards

February 7, 2025
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The deadline is looming for the South West’s most prestigious annual property awards

Time is running out to enter the Michelmores Property Awards, the annual celebration of the best property, development and construction projects from across the South West. Staged by law firm Michelmores and now in their 22nd year, the awards have long-championed sustainability and innovation by placing social, environmental, sustainable and economic values at the heart...

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‘New opportunities’ for historic specialist printing plant following takeover by world-leading firm

February 7, 2025
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‘New opportunities’ for historic specialist printing plant following takeover by world-leading firm

The future of an historic Bath paper mill that started production more than 225 years ago has been secured following its acquisition by a major German company. Portals Paper, which operates Bashford Paper Mill, said the takeover by Drewsen Spezialpapiere provided it with new opportunities for growth by widening its product range and generating...

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Tougher market puts brakes on Go.Compare’s growth, says Future, as media sector continues to evolve

February 7, 2025
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Tougher market puts brakes on Go.Compare’s growth, says Future, as media sector continues to evolve

A slowdown in the car insurance switching market has moderated the performance of Go.Compare, the comparison website owned by Bath-based global specialist media group, after a ‘standout’ year in 2024. The group, which bought Go.Compare in 2021 for £594m, described the weaker market as expected and said it was diversifying into other categories, such...

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Customer success director with strong track record in service delivery joins biotech pioneer

February 6, 2025
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Customer success director with strong track record in service delivery joins biotech pioneer

Biotechnology firm Advetec has appointed a customer success director as it seeks to strengthen client relationships, drive value and pursue further growth. Will Garrard has joined Advetec, based near Trowbridge, from KEW Technology, a Midlands-headquartered developer of sustainable energy systems, where he was operations director.  Will, pictured, has held several senior management and operational...

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Year of two halves for private equity deals – with the Autumn Budget triggering a late flurry of activity

February 6, 2025
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Year of two halves for private equity deals – with the Autumn Budget triggering a late flurry of activity

Private equity investment in the South West increased marginally last year to £6.2bn as a near 33% increase ahead of the Autumn Budget overcame a slow first half. Deal volume in the region also remained stable, edging down slightly from 104 to 100 year-on-year, according to a survey by global accountancy firm KPMG.  This...

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Threats from disinformation and challenges of social media and AI to be studied by new Bath institute

February 6, 2025
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Threats from disinformation and challenges of social media and AI to be studied by new Bath institute

The risks to society posed by digital technology are to be explored by academics from Bath as part of a major new research collaboration. The University of Bath’s newly launched Institute for Digital Security and Behaviour brings together behavioural and social scientists to help people and organisations navigate the digital revolution, including artificial intelligence (AI),...

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Bath architecture firms go back to the future to give iconic 1970s office building a modern makeover

February 6, 2025
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Bath architecture firms go back to the future to give iconic 1970s office building a modern makeover

The retrofit and regeneration of a 1970s office building known as the ‘Hanging Gardens of Basingstoke’ has been completed, with three Bath architecture firms playing key roles. Grade II listed Plant Basingstoke, pictured – formerly known as Mountbatten House and considered one of Britain's 15 most important listed modern buildings – was commissioned in...

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Parliamentary group seeking ideas from West of England firms on how to shape future of the ‘super-region

February 6, 2025
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Parliamentary group seeking ideas from West of England firms on how to shape future of the ‘super-region

Bath businesses are being asked to help an influential group of MPs and peers from across the West of England and South Wales shape their agenda for change during the year ahead. The All-Party Parliamentary Group (APPG) for the Western Gateway – the partnership covering the ‘super-region’ stretching from Swindon to Swansea via Bath...

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