Industrial giant Siemens has said its new £100m rail equipment manufacturing plant announced this week will be the most sophisticated of its kind in the world. The Chippenham factory, which will employ around 800 skilled workers, will replace one on the same site which has produced signalling and control systems for much of the...
The drive by European countries to secure their energy supplies in the wake of Russia’s invasion of Ukraine has benefited Bath-based manufacturer Rotork as oil and gas producers invest in new equipment. The firm, which designs and makes high-quality pipeline flow control equipment, also overcame the supply chain issues which had held new orders...
Logistics group Wincanton, which is poised to be taken over by US group GXO, hit the acquisition trail itself today by snapping up a specialist warehousing software firm. Chippenham-headquartered Wincanton, which has 20,300 employees and 8,500 vehicles in more than 170 sites across the UK, said buying Invar represented a key milestone in its...
Redevelopment of the Bath Press site, one of the city’s largest undeveloped former industrial areas, is to go ahead after years of delays, following its acquisition by a major property firm. Essex-based specialist developer City & Country snapped up the high-profile 5.3-acre site on Lower Bristol Road for £13.8m this week and announced it...
Law firm Thrings has welcomed the qualification of three new lawyers in its Bath office in a move it said demonstrated its longstanding commitment to supporting its staff in pursuing different journeys within the legal profession. Ella Richardson, Stacey Mold and Lisa Hodge, pictured – along with Charlotte Jones in Thrings’ London office –...
Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. Spring Budget 2024: Personal news NICs slashed and non-dom tax regime abolished. Click here to find out more Spring Budget 2024: Expectations National Insurance set to be cut by a further 2% For more details, click here Spring Budget 2024:...
A family lawyer and partner with Bath-headquartered law firm Stone King has been appointed as a deputy district judge on the Western circuit. Alongside this part-time appointment, Daniela Nickols, pictured, will continue her work specialising in the representation of children both directly and through children’s guardians. This includes in care proceedings where local...
Rob Chedzoy, tax partner at South West accountancy firm Milsted Langdon, cautioned that Chancellor Jeremy Hunt had targeted individuals with tax cuts at the expense of small businesses. He said the Chancellor had placed a heavy emphasis on relieving the financial burden on families and working individuals following a period of high living costs...
Phil Smith, managing director of Business West, the organisation behind Bath Chamber of Commerce, said while the Budget offered a number of initiatives that were likely to benefit the region’s businesses it lacked any measure that would tackle big issues such as transport, housing and infrastructure. “The creative and hospitality industries, which are significant contributors...
West of England Metro Mayor Dan Norris, pictured, said “hard-pressed” West of England residents and businesses were still struggling with 70-year high levels of tax under the Conservatives, “despite today’s desperate attempts from the Chancellor to pretend otherwise”. The Labour leader of the West of England Combined Authority (WECA), which covers Bath, added: “Instead of...
