Business News

Pearson May financial round up

October 10, 2024
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Pearson May financial round up

Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. HMRC services face increased dissatisfaction Growing frustrations revealed in Administrative Burdens Advisory Board (ABAB) survey. For more details, click here More than a quarter of Covid grant claims were unjustified Scheme prevented closures but raised concerns over fund...

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Good Energy powers ahead in solar installation market with its third acquisition in just over a year

October 9, 2024
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Good Energy powers ahead in solar installation market with its third acquisition in just over a year

The 100% renewable electricity supplier and power provider Good Energy has hit the acquisition trail again, snapping up another solar installation company as it looks to become a major player in the market. The Chippenham-headquartered group is paying up to £6m for Amelio Solar, a solar installation company with a strong presence in the commercial...

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Project to redevelop two major museums on Liverpool’s iconic waterfront led by Bath architects

October 9, 2024
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Project to redevelop two major museums on Liverpool’s iconic waterfront led by Bath architects

Plans drawn up by a Bath firm of architects to redevelop Liverpool’s International Slavery Museum and Maritime Museum have been given the green light, bringing the £58m project a step closer. Feilden Clegg Bradley Studios (FCBStudios) was appointed to lead the architectural design of the major redevelopment on the city’s iconic waterfront earlier this...

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Luxury Bath hotel group joins organisation offering unsold rooms to charities’ ‘hidden heroes’

October 9, 2024
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Luxury Bath hotel group joins organisation offering unsold rooms to charities’ ‘hidden heroes’

Bath-based Andrew Brownsword Hotels has become the latest major hospitality group to join a scheme that donates breaks in unsold rooms to volunteers nominated for their work with charities. The 13 hotels in the collection, including The Bath Priory, will now offer accommodation that would otherwise remain empty to the Room to Reward partnership...

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Latest round of 15 promotions at Thrings reflect firm’s commitment to develop its people

October 9, 2024
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Latest round of 15 promotions at Thrings reflect firm’s commitment to develop its people

Law firm Thrings is celebrating 15 promotions across the firm – including its first environmental consultant – as it continues to develop and strengthen its teams. Two new partners, two legal directors, three senior associates and seven associates have been appointed in the latest tranche of promotions across its offices, including Bath.  Almost half...

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Unique leadership programme heads down under after linking up with Australian consultancy

October 8, 2024
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Unique leadership programme heads down under after linking up with Australian consultancy

Leadership development business Resilient Leaders Elements (RLE) is to expand its operations outside of the UK for the first time after launching a strategic partnership agreement with an Australian organisation. The link-up with SOAR Leadership International Accreditation Programme means RLE has now extended its accreditation programme offering to Australia.  Based at the Glove Factory...

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Banking facility increase with NatWest sets up alternative lender Time Finance for further expansion

October 8, 2024
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Banking facility increase with NatWest sets up alternative lender Time Finance for further expansion

Specialist funder Time Finance is to increase lending by its invoice finance business after renewing and increasing its back-to-back funding facility with NatWest by £10m. The increase to £65m includes £55m fully committed and an additional £10m ‘accordion’ line of credit.  The facility will be used exclusively for lending to UK businesses and provides...

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Ahead of the Agenda: The Week Ahead

October 6, 2024
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Monday October 7 Final: Beeks Financial Cloud Group Economic announcement: Halifax house price index Tuesday October 8 Final: Abingdon Health Interims: S & U, Angling Direct Trading announcement: Intercede Group Economic announcement: Retail sales Wednesday October 9 Final: Netcall Interim: CMC Markets Trading announcement: Marston’s Thursday October 10 Nothing listed Friday October 11 Trading announcements: Jupiter Fund Management, Hays Economic announcements: Index of services, Industrial...

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Frasers Group looking to bag loss-making Mulberry as iconic brand warns of tough retail market

September 30, 2024
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Frasers Group looking to bag loss-making Mulberry as iconic brand warns of tough retail market

Struggling Somerset-based fashion business Mulberry has rejected an £83m takeover bid from Frasers Group, the retail business controlled by billionaire Mike Ashley that already owns 37% of its shares. The offer was made as Mulberry, which has manufacturing sites at Chilcompton, south of Bath, and in Bridgwater, faces some of its tough trading conditions since...

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Ahead of the Agenda: The Week Ahead

September 29, 2024
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Monday September 30 Interims: Venture Life Group, Frenkel Topping Group, Bango, Likewise Group, Gresham House Energy Storage Fund, Tinybuild, Surgical Innovations Group, RBG Holdings, Huddled Group, Playtech, Zinc Media Group, Seascape Energy Asia, Christie Group, Xeros Technology Group Economic announcements: Current account, Gross domestic product, M4 money supply, Tuesday October 1  Economic announcements: Nationwide house price index,...

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