Business News

Spring Budget 2024: Bath experts’ reaction

March 6, 2024
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Spring Budget 2024: Bath experts’ reaction

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...

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Spring Budget 2024: Bath business reaction

March 6, 2024
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Spring Budget 2024: Bath business reaction

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...

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Spring Budget 2024: Regional political reaction

March 6, 2024
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Spring Budget 2024: Regional political reaction

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...

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Budget 2024: The key points . . .

March 6, 2024
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Budget 2024: The key points . . .

Chancellor Jeremy Hunt has delivered his Spring Budget. The main points were: The Chancellor said growth had been higher in the UK since 2010 than every other European economy. But future growth would not come from mass immigration. He promised a Budget for future growth. Inflation had been halved to 4%. It was 11% when...

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Room at the top for staff wellbeing created by Bath design firm in flagship Bristol office development

March 5, 2024
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Room at the top for staff wellbeing created by Bath design firm in flagship Bristol office development

Bath-headquartered workplace design and build company Interaction has creatred a rooftop terrace and clubroom for tenants of a new landmark office scheme in the latest example of developers and occupiers prioritising staff wellness. The feature at Assembly Building C in Bristol city centre offers a place for tenants to “come together in a relaxed and informal setting...

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Bath Business Blog: Goughs Solicitors senior associate Trish Watkins. Now’s the time to get writing a Will off your to-do list

March 5, 2024
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Bath Business Blog: Goughs Solicitors senior associate Trish Watkins. Now’s the time to get writing a Will off your to-do list

New research has revealed that nearly half of all adults in the UK aged over 30 don’t have a Will but say it’s on their to-do list – with 43% saying it’s been on their to-do list for more than 12 months. The research from The Association of Lifetime Lawyers shows that almost half...

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Ahead of the Agenda: The Week Ahead

March 3, 2024
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Monday March 4 Finals: Quartix Technologies, Clarkson Interim: Craneware Economic announcements: PMI services, PMI composite Tuesday March 5 Finals: IWG, Keller Group, Apax Global Alpha, Bakkavor Group, Hiscox, Inchcape, Rotork, Travis Perkins, Intertek Group, Fresnillo, SIG, Headlam Group, STV Group, Greggs, Blackbird, Johnson Service Group, XP Power, Reach Interims: Dotdigital group, Beeks Financial Cloud Grouo Q3 result: Ashtead Group Economic...

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Wincanton’s board switches sides in takeover battle as US group looks to defeat French rival with higher offer

March 1, 2024
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Wincanton’s board switches sides in takeover battle as US group looks to defeat French rival with higher offer

Directors of takeover target Wincanton, the UK logistics group, have performed a dramatic u-turn by ditching their previous support for one bid for the business and throwing their weight behind a rival offer. The unusual manoeuvre means shareholders of the Chippenham-headquartered group are being recommended to accept the 605p-a-share offer made by US-owned global...

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Return of overseas tourists brings highly profitable post-pandemic recovery for Bath’s heritage sites

March 1, 2024
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Return of overseas tourists brings highly profitable post-pandemic recovery for Bath’s heritage sites

Bath’s world-class heritage sites, including the Roman Baths, have bounced back from the devastating impact of the pandemic as international tourists return to the city in large numbers. According to Bath & North East Somerset Council, its sites – which also include the Victoria Art Gallery and the Fashion Museum – will make a...

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Transport firm arrives at refurbed office building as it continues to be magnet for global tech companies

March 1, 2024
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Transport firm arrives at refurbed office building as it continues to be magnet for global tech companies

Growing UK transport technology specialist TEG has opened an office in Chippenham in a move that boosts the town’s reputation as a centre for the hi-tech sector. TEG, which has its headquarters in London, is occupying a floor of office block Bewley House, pictured, where it is alongside German industrial giant Siemens and two...

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