Business News

Pearson May financial round-up

November 24, 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. OBR report confirms UK in recession Economic recovery expected in late 2024. Click here for more information HMRC to change salary advance reporting requirements The legislation aims to reduce administrative burdens. To find out what is changing,...

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Bath advisors work with truck dealer Rygor’s shareholders to get its sale on the road

November 24, 2022
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Bath advisors work with truck dealer Rygor’s shareholders to get its sale on the road

The Bath-based advisors behind the sale of Mercedes-Benz commercial franchise partner Rygor to its management have spoken about their involvement in the deal. Lawyers from Bath-headquartered RWK Goodman worked with Rygor’s shareholders while the Bath office of regional accountancy firm Bishop Fleming provided them with tax advice.  Corporate finance advice came from the Bristol office...

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New business development manager boosts Time Finance’s invoice finance offering

November 23, 2022
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New business development manager boosts Time Finance’s invoice finance offering

Time Finance, the Bath-headquartered alternative funding provider, has strengthened its invoice finance team with the appointment of a new business development manager. Jake Smedley, pictured, joins with a background in corporate insolvency and alternative finance, having spent the past six years supporting businesses through recovery and turnaround plans in addition to helping them to...

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Biodiverse city havens could flower across the globe following success of Tower of London’s ‘Superbloom’

November 23, 2022
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Biodiverse city havens could flower across the globe following success of Tower of London’s ‘Superbloom’

Spaces in cities across the world will increasingly be repurposed to allow biodiversity to thrive, according to the Bath-based design team behind this year’s transformation of the historic Tower of London moat. Landscape architects Grant Associates, which masterminded the design of the Superbloom experience, pictured, for Tower of London custodian Historic Royal Palaces, believes...

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Bath Business Blog: Helen Rich, Taste of Bath. Stress-free ordering – all tied up with no loose ends

November 23, 2022
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Bath Business Blog: Helen Rich, Taste of Bath. Stress-free ordering – all tied up with no loose ends

Attention all business customers – Taste of Bath’s online Christmas shop for business gifting will be closing on the 7 December.  Delivery slots are filling up fast too, so it’s time to get those orders in. Luckily it couldn’t be easier to browse our gorgeous Christmas collection online and place your order in just...

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IT reuse group on mission to end area’s ‘digital divide’ boosted by major truck firm’s green drive

November 22, 2022
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IT reuse group on mission to end area’s ‘digital divide’ boosted by major truck firm’s green drive

Mercedes-Benz truck dealer Rygor Commercials has become the latest business to join forces with a pioneering scheme that donates unwanted and refurbished laptops to schools, charities and individuals who do not have access to technology. Westbury-based Rygor will use Wiltshire Digital Drive to recycle its IT equipment as part of its drive to focus...

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Recognition for Bath firm’s contribution to UK’s economy in national trailblazer programme

November 22, 2022
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Recognition for Bath firm’s contribution to UK’s economy in national trailblazer programme

Bath-based full fibre broadband provider Truespeed has been championed as a regional success story in a new UK-wide programme. The fast-growing firm is among 16 South West mid-sized businesses chosen by specialist consulting firm WIRED that typify its vision of trailblazing enterprises – not only generating local growth but also boosting the wider UK...

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Ahead of the Agenda: The Week Ahead

November 20, 2022
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Monday November 21 Finals: Diploma, Genedrive Interims: Sysgroup, Big Yellow Group, Molten Ventures Q3 result: MTI Wireless Edge Tuesday November 22 Interims: AO World, Homeserve, Severfield, CML Microystems, Telecom Plus, Tatton Asset Management, Trifast, Helical, Accsys Technologies Q3 result: AB GDR Trading announcement: Restore Wednesday November 23 Final: Ten Lifestyle Group Interims: United Utilities, LondonMetric Property, HICL Infrastructure, Eckoh, Discoverie Group, Marlowe...

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Investment in eCommerce and new business wins steady Wincanton as sector is buffeted by costs crisis

November 18, 2022
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Investment in eCommerce and new business wins steady Wincanton as sector is buffeted by costs crisis

Logistics group Wincanton has said new business wins and a diverse customer portfolio combined with operational efficiencies are helping it steer clear of the commercial headwinds caused by the cost of living crisis. The Chippenham-headquartered group delivered a 2.6% increase in underlying half-year pre-tax profits to £28m on revenue up 9.2% at £753.6m.  This...

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US software firm’s new Bath office shows city is on the up as vibrant tech hub, says Mayor

November 18, 2022
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20221115 - Smartbear Bath

Bath has a bright future as a tech-driven economic hub, according to the city’s mayor, with fast-growing US firms like software developer SmartBear investing in new offices and creating jobs. Councillor Rob Appleyard was speaking as he officially opened SmartBear’s redesigned Bath base, which he said proved there was “no holding back the city’s vibrant business community”. ...

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