Business News

Ahead of the Agenda: The Week Ahead

February 26, 2023
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Monday February 27 Finals: Smith & Nephew, Globaldata, RHI Magnesita, Senior, Centralnic Group, Greencoat Renewables, Spectral MD Holdings Interims: Dechra Pharmaceuticals, Beeks Financial Cloud Group Trading announcement: AB Foods Tuesday February 28 Finals: Rotork, Morgan Advanced Materials, Videndum, Travis Perkins, Ocado, Croda International, Unite, Abrdn, St James’s Place, Intertek Group, Derwent London, Man, XP Power, Uniphar, Hutchmed (China),...

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Bath firms urged to get involved in city’s unique global sporting showcase this summer

February 24, 2023
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Bath firms urged to get involved in city’s unique global sporting showcase this summer

A once-in-a-generation elite sporting event taking place in Bath this summer will offer a unique showcase for the city’s businesses. The UIPM Modern Pentathlon and Laser Run World Championships are being staged at the University of Bath in August, providing unparalleled sponsorship, hospitality and staff engagement opportunities for firms in the city.  The event, which...

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£1m funding for former Bath schoolmates developing wearable tech to improve workplace safety

February 24, 2023
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£1m funding for former Bath schoolmates developing wearable tech to improve workplace safety

A business launched by two former schoolfriends from Bath has raised £1m from its first investment round to market its pioneering wearable workplace safety technology.   Spacebands is on a mission to improve workplace safety by using its technology to prevent accidents, injuries and deaths in hazardous environments.  Initially seeking seed investment of £600,000, it has now received £1m...

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Pioneering aerodynamics research earns Bath professor recognition from global aerospace body

February 24, 2023
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Pioneering aerodynamics research earns Bath professor recognition from global aerospace body

University of Bath Professor of Aerospace Engineering Ismet Gursul has been made a Fellow of the American Institute of Aeronautics and Astronautics (AIAA), recognising him as one the most respected names in the global aerospace industry. The AIAA, the world’s largest aerospace technical society, cited Prof Gursul for his outstanding technical contributions in vortex-dominated...

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New era for Future as it recruits US media heavyweight to replace ‘transformational’ CEO

February 24, 2023
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New era for Future as it recruits US media heavyweight to replace ‘transformational’ CEO

Future, the Bath-headquartered specialist global media group, has appointed a major figure in the US media sector to take over from CEO Zillah Byng-Thorne when she steps down at the end of next month. The group, which Ms Byng-Thorne has transformed from a loss-making mainly UK business into an international group worth around £2bn...

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More than 2,000 years of spa history to go on display as Bath marks World Heritage Day

February 24, 2023
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More than 2,000 years of spa history to go on display as Bath marks World Heritage Day

Bath is to celebrate World Heritage Day 2023 with a free event for residents and visitors on Saturday 4 March. Taking place in the Guildhall between 11am and 3pm, the event will be an opportunity to discover 2,000 years of Bath's spa history, and find out why the city is one of the Greatest...

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Business development manager appointment boosts Time Finance’s invoice finance offering

February 23, 2023
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Business development manager appointment boosts Time Finance’s invoice finance offering

Bath-headquartered alternative finance group Time Finance has recruited Casey Baldwin as business development manager in its invoice finance team. Casey, pictured, joins with 10 years’ experience in the invoice finance sector, having spent her career working alongside both national brokers and business owners to package supportive and flexible funding solutions.  She most recently worked at Novuna,...

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More key worker homes to be built in the region after impact investor gets new funding

February 23, 2023
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More key worker homes to be built in the region after impact investor gets new funding

West of England impact investor Bristol & Bath Regional Capital (BBRC) is to expand its homes division to finance 1,500 quality new homes for key workers across the region by 2028. The move, which follows an equity investment in BBRC from London-based specialist impact investor Zamo Capital, will help it build on the success...

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IT firm with its own staff pub cheers its rapid growth and looks ahead to more expansion

February 23, 2023
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IT firm with its own staff pub cheers its rapid growth and looks ahead to more expansion

An IT services and solutions company has set its sights on hitting a turnover of £10m within three years after growing by 50% over the past 12 months, moving office and taking on more staff. Mintivo relocated from the centre of Chippenham to the edge of nearby National Trust village of Lacock last year and...

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New relationship manager taken on by Unity Trust Bank as it looks to grow its portfolio in the South West

February 22, 2023
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New relationship manager taken on by Unity Trust Bank as it looks to grow its portfolio in the South West

Independent commercial bank Unity Trust has appointed Steven Lovell as its relationship manager for the South West to support and develop its customer portfolio in the region.  Steven, pictured, has more than a decade of experience in financial services having worked in Bristol for The Co-operative Bank, NatWest and, most recently, Lombard Asset Finance,...

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