Business News

Pearson May financial round-up

December 8, 2022
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Pearson May financial round-up

Each week Bath accountancy firm Pearson May and Bath Business News team up to bring you the top national finance stories. One in four small firms fear closure Businesses are increasingly concerned if energy relief ends next spring. Find out more here SMEs owed £23.4bn in late payments A government review into outstanding invoices to be launched. Click here to find...

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Coveted hotel industry ‘Oscar’ recognises ‘truly caring nature’ of Bath hotel chef

December 8, 2022
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Coveted hotel industry ‘Oscar’ recognises ‘truly caring nature’ of Bath hotel chef

Bath’s only Michelin-starred chef, Chris Cleghorn of the Olive Tree Restaurant, has been named the Hotel Restaurant Chef of the Year at the hotel industry ‘Oscars’, the Hotel Cateys. The prestigious awards celebrate the UK’s most successful hotel operators and their employees and are the industry’s only truly independent benchmark of operational excellence, with...

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Partnership with Adobe positions Bath Spa University as one of UK’s leading creative campuses

December 7, 2022
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Partnership with Adobe positions Bath Spa University as one of UK’s leading creative campuses

Bath Spa University has become one of the first in the UK to benefit from a link-up with US software giant Adobe which will boost its students’ digital capability and better prepare them for the modern workplace.  Under the partnership, only the third between Adobe and a British university, Bath Spa students get free...

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Good Energy powers into fast-growing heat pump market by snapping up installation firm

December 7, 2022
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Good Energy powers into fast-growing heat pump market by snapping up installation firm

Heat pump installation firm Igloo has been snapped up by 100% renewable electricity provider Good Energy as it continues to look for growth opportunities in other green energy markets. The Chippenham-headquartered group, which also part owns electric vehicle charge point mapping app Zap-Map, is paying £1.75m for Igloo.  It said the takeover “represented a...

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Sale of US body armour assets allows Avon Protection to concentrate on its core strengths

December 7, 2022
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Sale of US body armour assets allows Avon Protection to concentrate on its core strengths

Defence manufacturing group Avon Protection has offloaded part of its US body armour business ahead of closing down the division to cut losses. The Melksham-based group, which specialises in protective gear, masks and breathing equipment for the military and first-responder markets, has sold the assets of the base in Kentucky to CoorsTek, a global manufacturer of...

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Major West of England care home portfolio sale handled by team from RWK Goodman

December 6, 2022
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Major West of England care home portfolio sale handled by team from RWK Goodman

Lawyers from Bath-headquartered legal firm RWK Goodman have advised a longstanding care home client on the sale of its portfolio of four properties. The homes – two in Patchway, Bristol, and two in Winterbourne, South Gloucestershire – together have a total of 183 beds and boast an excellent occupancy history.  They also have either...

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Old Mill’s ambitious restructuring continues with three new partner appointments

December 6, 2022
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Old Mill’s ambitious restructuring continues with three new partner appointments

Three new partners have been appointed at South West accountancy and finance group Old Mill following a restructure to enable faster career progression and greater opportunities for staff. The promotions of Chartered Financial Planners Jon Orchard and Julia Banwell, both part of the wealth management tea, and director of tax Stephen Martin take the total...

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Pearson May Financial Update: Key points from the Autumn Statement

December 5, 2022
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Pearson May Financial Update: Key points from the Autumn Statement

As Jeremy Hunt took to the despatch box just 34 days after taking on the role of Chancellor of the Exchequer, all eyes were on him. In light of an ever-burgeoning cost of living crisis, the Chancellor promised that the Autumn Statement would ensure his tax and spending plans would “stand the test of...

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Ahead of the Agenda: The Week Ahead

December 4, 2022
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Monday December 5 Final: Tharisa Interims: Fusion Antibodies, Induction Healthcare Group Economic announcements: PMI services, PMI composite Tuesday December 6 Finals: Paragon Banking Group, SSP Group, Victorian Plumbing Group, Gooch & Housego Interims: Mercia Asset Management, Vianet Group, Civitas Social Housing, Infrastructure india, Iomart Group Economic announcement: PMI construction Wednesday December 7 Final: Mitchells & Butlers Interims: Moonpig Group, Berkeley Group, Quiz...

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Report reveals Bath Uni-backed incubator SETsquared’s £15.7bn economic boost to the UK

December 2, 2022
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Report reveals Bath Uni-backed incubator SETsquared’s £15.7bn economic boost to the UK

The globally acclaimed University of Bath-supported business incubator SETsquared has bolstered the UK economy by £15.7bn since its launch 20 years ago, according to an independent report. SETsquared was set up in 2002 by a small group of research-intensive universities in the South of England, including Bath, with a mission is to help turn...

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