Business News

Ahead of the Agenda: The Week Ahead

November 24, 2024
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Monday November 25 Interim: DSW Capital Tuesday November 26 Finals: Compass Group, Renew Holdings, Essensys Interims: Schroder Real Estate, LondonMetric Property, Helical, Cranswick, Intercede Group, Telecom Plus, Mercia Asset Management, Supreme, IG Design Group, VP, AO World, Accsys Technologies, Kinovo, Sosandar, FD Technologies, Halfords Group, Caledonia Investments, Brickability Group, Augmentum FinTech Q1 result: Seraphim Space Investment Q3...

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Mulberry CEO vows to rebuild iconic brand to make it more relevant to modern customers

November 22, 2024
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Mulberry CEO vows to rebuild iconic brand to make it more relevant to modern customers

The new boss of Somerset-based fashion house Mulberry has said he is working to “renew the brand’s relevance”, including selling most of its iconic luxury bags for just under £1,100. Andrea Baldo, who took over as CEO in July, spoke as Mulberry’s revealed widening losses on declining sales.   The firm, which has manufacturing sites at...

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National investment firm launches £50m regional fund for ambitious South West businesses

November 22, 2024
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National investment firm launches £50m regional fund for ambitious South West businesses

A £50m fund to help the growth of small and medium-sized firms across the South West has been launched by investment group Foresight – with two offices in the region due to open to support it. FTSE 250 listed Foresight already manages a number of regionally focused private equity and venture capital funds dedicated...

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Avon Technologies says geopolitical picture prompting increased interest in its protective equipment

November 22, 2024
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Avon Technologies says geopolitical picture prompting increased interest in its protective equipment

US police forces preparing for the 2026 World Cup and the 2028 Olympics are giving a boost to defence manufacturer Avon Technologies, with inquiries for its ballistic helmets and respiratory protection.  The Melksham-based group, which changed its name from Avon Protection this summer, said the current geopolitical situation continued to support demand for its...

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Acquisitions could be in the pipeline for Rotork after it hails 2024 as year of progress

November 22, 2024
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Acquisitions could be in the pipeline for Rotork after it hails 2024 as year of progress

Bath-headquartered specialist manufacturer Rotork has said it is actively looking for “suitable acquisition opportunities” as it continues to target growth areas in its markets, control costs and invest in innovation. A trading update for the four months to 27 October, the group, which designs and makes high-quality flow control equipment for the global oil,...

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Investment group paying up to £18m to snap up award-winning Bath asset management firm

November 22, 2024
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Investment group paying up to £18m to snap up award-winning Bath asset management firm

An asset management business based in Bath and London with nearly £3bn of assets under management has been acquired by a specialist wealth and asset management company. Alpha Beta Partners, which was established in 2017 by a team of experienced industry professionals, described the takeover by Tavistock Investments as leading to a new phase...

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Recognition for Mayden’s unique culture and innovative healthtech in multiple awards schemes

November 22, 2024
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Recognition for Mayden’s unique culture and innovative healthtech in multiple awards schemes

Bath-based healthtech firm Mayden is celebrating multiple regional and national award wins ahead of its 25th anniversary next year. The firm, which creates software systems that provide data driven insights and genuinely improve how services work, has won awards or been shortlisted as a finalist for outstanding contributions in the fields of innovation in...

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Trio of senior arrivals at Good Energy as it looks to power up its expanding services operations

November 21, 2024
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Trio of senior arrivals at Good Energy as it looks to power up its expanding services operations

Renewable power group Good Energy has made three senior appointments to oversee and drive growth in its services division.  The Chippenham-headquartered company, which has acquired five services businesses over the past two years – including two last month – said the new arrivals would oversee these operations while integrating them into the wider group. ...

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Pearson May financial round up

November 21, 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 email rules clarified for taxpayers Clear guidance issued on email use. Click here for more details.  Retailers warn about rising employment costs Leaders urge Chancellor to rethink tax plans to protect jobs. To find out more, click here

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University-business partnership will aim to power West of England’s economic growth and devolution

November 21, 2024
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University-business partnership will aim to power West of England’s economic growth and devolution

Pioneering ways of meeting the West of England’s economic challenges while building on its strengths are to be explored by a new data and research project. The Brunel Centre, which will officially launch next year, will bring together businesses and universities with policymakers to support regional growth and industrial strategy.  It has been created by the...

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