Business News

Period of major economic growth forecast for the region following General Election, survey says

July 5, 2024
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Period of major economic growth forecast for the region following General Election, survey says

Nearly half of South West businesses believe the General Election will lead to significant economic expansion in the region over the next six months, a new survey has revealed. Research commissioned by accountancy firm Monahans, which has seven offices in the region, including in Bath, shows 47% of business owners are confident that market...

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Business West urges new Labour government to invest in region so it can meet its full economic potential

July 5, 2024
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Business West urges new Labour government to invest in region so it can meet its full economic potential

The organisation behind Bath Chamber of Commerce has called on the newly elected government to ensure the West of England’s potential is fully harnessed, including investing in its growth sectors such as green energy. Business West welcomed Labour’s commitment to an “enduring partnership” with business to deliver the economic growth and stability that the...

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The shortlist for this year’s coveted SPARKies shines a light on the very best of the region’s tech sector

July 5, 2024
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The shortlist for this year’s coveted SPARKies shines a light on the very best of the region’s tech sector

Bath and Bristol’s top tech pioneers and innovators will be recognised next week at the SPARKies, the awards that showcase the leading individuals, products and firms in the sector. Launched in 2012, the annual awards have grown to become the most-respected accolades of their kind in the region, attracting hundreds of entries from across the West...

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‘Clear strategy’ for growth pays off at Time Finance as profits and revenues continue to tick up

July 5, 2024
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‘Clear strategy’ for growth pays off at Time Finance as profits and revenues continue to tick up

Time Finance, the Bath-headquartered alternative finance lender, has hailed the success of its strategy after clocking up strong increases in revenues and profits. The firm, which specialises in a range of funding services spanning invoice finance, business loans and asset-based lending, has grown rapidly in recent years after deciding to concentrate on own-booking lending.  ...

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Recruitment headaches mount for West of England businesses as skills shortages show no signs of easing

July 5, 2024
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Recruitment headaches mount for West of England businesses as skills shortages show no signs of easing

Nearly seven in 10 West of England firms have struggled to recruit staff over the past three months, particularly for skilled manual/technical and professional/managerial roles, according to a major new survey. Despite this problem, 79% of firms are looking to take on full-time workers and just under half are offering permanent positions, the latest Quarterly...

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Former Debenham SouthGate site to become home for new £17m M&S flagship store in Bath

July 4, 2024
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Former Debenham SouthGate site to become home for new £17m M&S flagship store in Bath

Retail giant Marks & Spencer is to relocate its Bath store to a new flagship site in SouthGate in a move it said would guarantee a future for the iconic M&S brand in the city. The retailer is to move into the 122,000 sq ft former Debenhams store, pictured, from its current home on...

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Major regional residential property award for pioneering low-carbon housing scheme in Bath

July 4, 2024
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Major regional residential property award for pioneering low-carbon housing scheme in Bath

A development of affordable and energy-efficient family homes in Bath has won a prestigious regional property award. The St Joseph’s Court scheme on Sladebrook Road in Southdown, pictured, topped the Residential Project of the Year (35 homes and under) Year category at Michelmores Property Awards, which have long championed sustainability and innovation, and place...

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New head of technology and three practice leads join creative tech studio to spur further growth

July 3, 2024
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New head of technology and three practice leads join creative tech studio to spur further growth

Aer Studios, the creative technology firm based near Bath, has made four key appointments, including a new head of technology. James Hobbs brings a wealth of experience to the role from working at household appliance innovator Dyson and digital product design agency Great State.  Also recently joining Box-based Aer Studios is a trio of...

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Interaction builds its team to 60 people as it continues to secure more work nationwide

July 3, 2024
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Interaction builds its team to 60 people as it continues to secure more work nationwide

Bath-based workplace design and build company Interaction has made a number of additional appointments along with a promotion after winning more design projects across the UK. The firm, recently ranked among the top 50 most-inspiring workplaces in the UK and Ireland, has welcomed five new faces across its design and client support teams.  It has...

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Bath Business Blog: Business against Poverty. How corporate philanthropy can deliver a competitive edge for business

July 3, 2024
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Bath Business Blog: Business against Poverty. How corporate philanthropy can deliver a competitive edge for business

Registered charity People against Poverty set up its business community – Business against Poverty (BaP) – more than15 years ago. It offers purpose-led donor organisations a network to link up with a vibrant and engaged community of like-minded businesses and impact positively on extreme poverty in six countries, including the UK.  People against Poverty...

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