Business News

Pearson May financial round up

July 25, 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. Financial Reporting Council (FRC) audit enforcements down by a third Audit quality concerns despite reduced investigations Click here to find out more HMRC warns on workplace nursery tax abuse Employers must meet the criteria to avoid penalties. For more details,...

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Focus on efficiency triggers better-than-expected recovery at defence group Avon Protection

July 25, 2024
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Focus on efficiency triggers better-than-expected recovery at defence group Avon Protection

Defence manufacturer Avon Protection has said it is seeing the benefits of its transformation plan faster than expected, with annual revenues and profits now likely to be slightly higher than previously expected. The Melksham-based group spent much of last year recovering from a tough period during which its shares lost around 70% of their...

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Nearly 900 micro businesses across the South West benefit from £11m-plus in essential start-up loans

July 24, 2024
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Nearly 900 micro businesses across the South West benefit from £11m-plus in essential start-up loans

More than £11m has been lent to start-up firms across the South West ranging from a sewing café to a mobile cocktail bar over the past year under a programme run by the British Business Bank. Since its launch in 2012, the Start Up Loans scheme has supported more than 9,000 businesses through £90m in loans...

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Adam Henson’s wellbeing podcast for farmers again backed by Thrings as it returns for a second series

July 23, 2024
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Adam Henson’s wellbeing podcast for farmers again backed by Thrings as it returns for a second series

Law firm Thrings has extended its support for a podcast created by farmer and BBC Countryfile host Adam Henson that champions wellbeing and mental health in the farming sector. Keeping on Track was launched at the beginning of this year to encourage people in the farming community not to suffer alone and to get the support they...

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Ahead of the Agenda: The Week Ahead

July 22, 2024
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Monday July 22 Final: Advancedadvt Trading announcement: Beeks Financial Cloud Group Tuesday July 23 Finals: Cropper (James), Marlowe Interims: SThree, Science Group Trading announcements: Luceco, JTC, Compass Group, Mitie Economic announcements: IFO business climate Wednesday July 24 Finals: Van Elle Holdings, Totally Interims: RHI Magnesita, Unite, Breedon Group, Primary Health Properties Q2 results: Pensionbee Group, Banco Santander Thursday July 25 Final: Cambridge Nutritional...

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BMT becomes latest Bath firm to relocate to city’s Grade A showpiece office development

July 19, 2024
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BMT becomes latest Bath firm to relocate to city’s Grade A showpiece office development

Global defence consulting firm BMT is to relocate its Bath staff to the city’s No.1 Bath Quays office building, making it the third firm to take space in the flagship development. BMT, which has two offices a stone’s throw away on Lower Bristol Road, joins financial services consultancy and software provider Altus and chartered...

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Five years of economic expansion forecast for the West of England, outpacing all other UK regions

July 19, 2024
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Five years of economic expansion forecast for the West of England, outpacing all other UK regions

The West of England’s economy is forecast to grow faster over the next five years than any other part of the UK outside London, according to two new reports. The region, along with South Wales, will achieve economic expansion of 1.4% a year between now and 2029, according to the analysis commissioned by the...

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King’s Speech bills will be ‘key to spurring region’s economic growth and easing housing crisis’

July 19, 2024
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King’s Speech bills will be ‘key to spurring region’s economic growth and easing housing crisis’

Measures included in the King’s Speech aimed at boosting housebuilding and devolving more powers from Whitehall to the regions have been widely welcomed by key business figures in the West of England. The Planning and Infrastructure Bill – one of the 40 included in the speech that will shape the first year of the new...

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Busiest summer ever expected at Bristol Airport after airlines introduce new destinations

July 19, 2024
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Busiest summer ever expected at Bristol Airport after airlines introduce new destinations

Bristol Airport is preparing for its busiest ever summer holiday getaway, with more than 1.6m passengers expected to pass through the terminal between mid-July and early September. On the busiest days, 40,000 people will fly in and out of the airport, while around 155,000 are expected over the August bank holiday weekend. Last summer...

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Hospital trials for Bath-designed cushion that could transform the care of critically ill patients

July 18, 2024
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Hospital trials for Bath-designed cushion that could transform the care of critically ill patients

An inflatable device designed in Bath that enables critically ill patients to be moved is set to enter clinical trials at the city’s Royal United Hospital later this year. The Inflatable Prone Repositioning Device (IPRD) – known as the ’BathMat’ – has been created by engineering academics from the University of Bath in collaboration with...

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