Business News

Rapid growth of its tax team puts Old Mill on course to be the region’s fastest-growing accountancy firm

August 10, 2022
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Rapid growth of its tax team puts Old Mill on course to be the region’s fastest-growing accountancy firm

Regional accountancy firm Old Mill has promoted a fifth of its 30-strong tax team as part of a ‘recruit, retain and promote’ strategy that aims to make it the fastest-growing practice in the South West. Last November the firm, which has offices in Chippenham, Wells, Yeovil and Exeter, announced a restructuring to achieve its ambitious...

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£50m credit facility puts housebuilder on path to rapid growth over next three years

August 8, 2022
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£50m credit facility puts housebuilder on path to rapid growth over next three years

A housebuilding firm on a mission to develop new homes of outstanding design quality is aiming to increase its sales by more than 400% in the period to 2025 after securing new funding. Chippenham-headquartered Backhouse will use the £50m credit facility to establish new sites, build a stronger land bank and further strengthen all...

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Ahead of the Agenda: The Week Ahead

August 7, 2022
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Monday August 8 Interims: Clarkson, Diversified Energy Company, PageGroup Q2 result: Taseko Mines Tuesday August 9 Interims: Abrdn, TI Fluid Systems, InterContinental Hotels, Flutter Entertainment, H&T Group, RPS Group, Zotefoams Trading update: Bellway Wednesday August 10 Interims: ContourGlobal, Legal & General, CLS Holdings, Genuit Group,  Hostelword, Atalaya Mining, Arix Bioscience Thursday August 11 Interims: Network International Holdings, Savills, Derwent London,...

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Free employment advice available from Goughs Solicitors’ in its Wednesday Wisdom Webinars

August 5, 2022
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Free employment advice available from Goughs Solicitors’ in its Wednesday Wisdom Webinars

Goughs Solicitors’ series of free online seminars for business owners continues later this month with a session on managing ill-health absence. The monthly Wednesday Wisdom Webinars, which give up-to-date, relevant and pragmatic employment advice, are led by the firm’s head of employment Rebecca Dennis, pictured. They allow employers the opportunity to tune in to a cost-free way to stay connected and...

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Profits and revenues under pressure at Rotork, but strong order pipeline promises second-half recovery

August 5, 2022
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Profits and revenues under pressure at Rotork, but strong order pipeline promises second-half recovery

Bath-headquartered global advanced engineering group Rotork is hoping for a recovery in its fortunes in the second half of this year after profits and revenues fell during the first six months. Pre-tax profits fell 12% to £44.6m on revenues down 2.9% to £280m as the group, which manufactures flow control equipment for the global...

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SAS: Who Dares Wins star appoints Clearly PR to beef up promotion of his corporate activities

August 5, 2022
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SAS: Who Dares Wins star appoints Clearly PR to beef up promotion of his corporate activities

Bath communications agency Clearly PR has added Matthew ‘Ollie’ Ollerton, one of the founding presenters of TV show SAS: Who Dares Wins, to its client roster. Ollie, pictured, served with the Special Boat Service for six years, undertaking missions in hostage rescue, counter terrorism, homeland security and more, before joining the hit Channel 4...

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World-leading palm oil alternative to be manufactured at University of Bath after deal with food tech firm

August 5, 2022
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World-leading palm oil alternative to be manufactured at University of Bath after deal with food tech firm

The University of Bath is to start commercial production of a viable alternative to palm oil that could help reduce the huge environmental damage caused by its extraction. UK-based food-tech business Clean Food Group has set up a dedicated laboratory and pilot plant at the university following the acquisition of intellectual property (IP) developed over the...

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Wessex Water executive director of operations to be next Lord-Lieutenant of Somerset

August 5, 2022
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Wessex Water executive director of operations to be next Lord-Lieutenant of Somerset

Mohammed Saddiq, executive director of operations at Bath-based Wessex Water, is to be the next Lord-Lieutenant of Somerset. He will take over from Annie Maw CVO when she retires at the end of October and says he is “greatly looking forward giving something back to the country which has given me so much”.  Mr...

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Bath training academy will to give disadvantaged groups ‘basic building blocks’ for work

August 5, 2022
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Bath training academy will to give disadvantaged groups ‘basic building blocks’ for work

A training academy to help people facing challenges with their mental health, homelessness or overcoming addiction find jobs has been launched by a Bath charity with a vision to end social exclusion. The 50 participants in the West of England Peer Academy, which will be run by Developing Health and Independence, will gain new...

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New placemaking charter aims for better-designed homes for region’s communities

August 4, 2022
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New placemaking charter aims for better-designed homes for region’s communities

An ambitious project calling for homes being built in Bath and across the West of England to be high quality, well-designed and affordable has been launched. The Placemaking Charter will bring together the region’s councils, including Bath & North East Somerset, and other public authorities, developers, communities and partners under a shared ambition to...

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