Business News

Pearson May financial round up

May 2, 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 releases online tool to check NI shortfalls New service can verify gaps in NICs back to 2006. Click here to find out more Economy ‘at risk from nature degradation’ Environmental damage could cause 12% loss to UK’s GDP,...

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Rotork looks ahead to brighter future as it puts supply chain headaches behind it

May 2, 2024
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Rotork looks ahead to brighter future as it puts supply chain headaches behind it

A strong pipeline of new orders has given Bath-headquartered specialist manufacturer Rotork a positive outlook for the rest of this year. The firm, which designs and makes high-quality flow control equipment for the global oil, gas, water and power industries, said revenue growth during the past three months was in the ‘mid-teens’ against the...

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Challenging market for loss-making Mulberry this year as luxury shoppers rein in their spending

May 2, 2024
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Challenging market for loss-making Mulberry this year as luxury shoppers rein in their spending

Shares in iconic Somerset-based fashion business Mulberry crashed to their lowest level for 14 years after it warned that its well-heeled customers were continuing to cut back on spending. The global group, which has manufacturing sites at Chilcompton, south of Bath, and in Bridgwater, also said the cost of opening new stores and ongoing...

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Curo helps green-up communities across Bath with 1,000 new trees planted during last winter

May 2, 2024
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Curo helps green-up communities across Bath with 1,000 new trees planted during last winter

Almost 1,000 trees were planted in and around Bath over the winter period, thanks to Bath-based housing association and housebuilder Curo. The firm’s estates team worked in collaboration with various stakeholders, volunteers, tree contractors and Curo staff to oversee the planting of 125 stand-alone trees, more than 70m of mixed hedgerow – including 400...

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Eden Project and Pukka extend their partnership to make the world a better place – one cuppa at a time

May 2, 2024
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Eden Project and Pukka extend their partnership to make the world a better place – one cuppa at a time

Pukka Herbs, the organic tea brand based near Bath, has renewed its long-running partnership with eco visitor experience Eden Project as part of its commitment to the ‘1% for the Planet’ initiative. Since the partnership started in 2015, the Cornish attraction, pictured, has become the largest single independent retailer of Pukka teas worldwide, with...

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Stronger sales and profits forecast by region’s firms as lower inflation sparks big rise in confidence

April 29, 2024
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Stronger sales and profits forecast by region’s firms as lower inflation sparks big rise in confidence

Business optimism is increasing rapidly in the South West as lower inflation is expected to trigger strong sales and profits growth, a new survey shows. Confidence among the region’s firms has surged over the past six months at more than three times its usual rate, according to the latest Business Confidence Monitor (BCM) from...

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Creative learning programme for adults launched in Bath museums

April 29, 2024
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Creative learning programme for adults launched in Bath museums

A programme of creative classes and workshops for adults led by local artists is being staged Bath Preservation Trust across its museums.     Designed to encourage learning and engagement following the post-pandemic increase in loneliness among adults, the events follow the success of the trust’s children’s workshops.  The first in the series take place...

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Green light from the government for US logistics giant’s £753.5m Wincanton takeover

April 29, 2024
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Green light from the government for US logistics giant’s  £753.5m Wincanton takeover

Wincanton, the UK logistics group, is set to be acquired by US-owned global operator GXO Logistics following approval from the government for its £753.5m bid. The approval follows of a review under the National Security and Investment Act 2021 into the offer, which snatched the Chippenham-headquartered group from under the noses of a rival...

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Ahead of the Agenda: The Week Ahead

April 28, 2024
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Monday April 29 Finals: Biome Technologies, Spaceandpeople, Jadestone Energy, Christie Group, One Media IP Group, Gresham Technologies, Gresham House Energy Storage Fund Tuesday April 30 Finals: Northcoders Group, Fadel Partners, RBG Holdings, Kelso Group Holdings, Card Factory, Roadside Real Estate, Shield Therapeutics, Capital & Regional, Avacta Group, Strip Tinning Holdings Interim: Essensys Q1 results: St James’s Place,...

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Bath BID’s Business Breakfast series continues next week with focus on transport and access

April 26, 2024
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Bath BID’s Business Breakfast series continues next week with focus on transport and access

The key issues of transport and access are the themes for the second Bath Business Breakfast, which takes place next Friday, 3 May. The quarterly events, which take the form of ‘fireside talks’, are hosted by the Bath Business Improvement District (BID), the independent initiative working to create a positive environment for businesses in...

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