Business News

Ahead of the Agenda: The Week Ahead

April 14, 2024
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Monday April 15 Finals: Engage XR Holdings, Itaconix, Ceres Power Holdings Trading announcements: Kainos Group, Berkeley Group Holdings Tuesday April 16 Finals: Gresham Technologies, Next 15 Group, Equals Group, Accesso Technology Group, Billington Holdings, Ashtead Technology, Learning Technologies Group, Team17 Group Interim: Gattaca Q3 result: Petra Diamonds Trading announcements: Integrafin Holdings, Qinetiq Group Economic announcements: Unemployment rate, Claimant count rate Wednesday...

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UK’s first trial of hydrogen-powered baggage vehicles at Bristol Airport makes case for ‘fuel of the future’

April 12, 2024
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UK’s first trial of hydrogen-powered baggage vehicles at Bristol Airport makes case for ‘fuel of the future’

Bristol Airport has acted as the test bed for a ground-breaking project showing how hydrogen can be safely used to power ground support equipment such baggage tractors. Information gathered from the year-long trial, the first of its kind at a major UK airport, will form the basis for a new white paper looking at...

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Iconic Avon Racing tyre brand to bounce back after motorsport firm snaps up European manufacturer

April 12, 2024
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Iconic Avon Racing tyre brand to bounce back after motorsport firm snaps up European manufacturer

A motorsport firm based near Bath is to make tyres under the iconic Avon Racing brand after acquiring a specialist Portuguese manufacturer. Nova Motorsport recently bought assets linked to the former Avon Tyres business, including the brand licence for the manufacture and sale of a broad range of motorsport tyres under the Avon Motorsport...

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£10m funding for Bath Uni spin-out on a mission to step up the fight against deadliest form of cancer

April 12, 2024
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£10m funding for Bath Uni spin-out on a mission to step up the fight against deadliest form of cancer

A new spin-out company from the University of Bath has raised €12m (£10.3m) to develop medical devices that could vastly speed up and improve lung cancer diagnosis and treatment. Prothea Technologies has been launched with a mission to enable lung cancer patients to have a biopsy and treatment in a single hospital visit by...

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Unique Georgian luxury hotel joins elite national marketing group following £3m redevelopment

April 11, 2024
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Unique Georgian luxury hotel joins elite national marketing group following £3m redevelopment

An upmarket hotel on Bath’s doorstep has become a member of an elite organisation that helps market some of the UK’s most prestigious venues. Homewood Hotel & Spa, pictured, the 31-bedroom luxury hotel set in 20 acres of grounds in Freshford, has been included in PoB Hotels’ portfolio of 54 independent luxury and boutique...

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Six new routes added to Ryanair’s Bristol network as it launches largest-ever summer schedule

April 11, 2024
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Six new routes added to Ryanair’s Bristol network as it launches largest-ever summer schedule

Budget airline Ryanair has launched its biggest-ever schedule from Bristol Airport for this summer, with 36 routes, including six new destinations. Copenhagen, Fuerteventura, Marrakesh, Prague, Sofia and Tirana have been added to the airline’s route network from the airport following the addition of a fifth aircraft to s Bristol-based fleet last year.  That move...

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Pearson May Financial Update: Have you declared gains made on cryptoassets?

April 11, 2024
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Pearson May Financial Update: Have you declared gains made on cryptoassets?

HM Revenue & Customs (HMRC) is continuing to send so-called ‘nudge letters’ to those individuals whom it believes are invested, or have been invested, in any cryptoassets, writes Pearson May partner Jacqui Bowden. If you think this may apply to you then it is important that you tell HMRC before it gets to you...

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Pearson May financial update

April 11, 2024
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Pearson May financial update

Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. What are the April tax changes? NICs, CGT, pensions and family benefits affected. Click here to find out more HMRC releases profit calculator for tax year The calculator excludes partnerships.   For more details, click here  

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Milsted Langdon to take on regional rivals for second year running in coveted tax awards

April 11, 2024
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South West accountancy firm Milsted Langdon, which has an office in Bath, is to go head to head against rivals from the region for a prestigious tax award. The firm is one of five firms in the running for the Best Tax Practice in a Regional Firm title at this year’s Tolley’s Taxation Awards. ...

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Programme launched to give West of England firms the tools to thrive in the evolving digital landscape

April 10, 2024
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Programme launched to give West of England firms the tools to thrive in the evolving digital landscape

Expert support on how to enhance digital presence, adopt new technologies, improve competitiveness and increase productivity is now available to small and medium-sized businesses Bath firms under a new scheme. Called Tech for Growth, the initiative offers tailored tech adoption consultancy to eligible organisations. It aims to equip businesses with the necessary tools to...

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