Business News

Adapt or die, Dragon Theo tells retailers as he opens latest store in Bath

May 24, 2012
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Dragon’s Den star and entrepreneur Theo Paphitis personally launched the Bath outlet for his boutique lingerie brand Boux Avenue – and warned retailers that they must change or go bust. The Southgate store is the 12th opened by Boux Avenue – Mr Paphitis’ return to the lingerie market after he sold La Senza to private equity firm...

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Bath Priory wins prestigious Best Small Hotel in the UK title

May 24, 2012
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The Bath Priory Hotel has collected the Gold Award for the Best Small Hotel of the Year at this week’s prestigious Visit England Awards for Excellence. The win was another accolade for the luxury boutique hotel which, earlier this year, come first in the Best Small Hotel and Taste of the West categories in...

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Economy deeper in recession than thought, dire figures show

May 24, 2012
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The UK slumped deeper into recession than initially thought in the first three months of this year as the construction industry continued to underperform, bleak figures from the Office for National Statistics (ONS) showed today. The ONS said the economy shrank by 0.3% between January and March, more than an initial estimate of a...

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Chief executive on board at Fidelius as it aims for expansion

May 23, 2012
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Bath financial services firm Fidelius has appointed Jim Grant as chief executive officer to lead a major growth strategy. Jim, who sold Chartwell Group in 2010, has made a major investment into the business and plans to reshape and grow the business’ proposition, significantly raising its profile. He intends to recruit key people specifically...

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Movie magic returns to the former Beau Nash cinema in Komedia-Little Theatre link up

May 23, 2012
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In an innovative collaboration between Komedia in Bath and City Screen Picturehouse Cinemas, The Little Theatre Cinema is to install a new cinema within the award-winning live entertainment venue. The iconic Westgate Street building – formerly the Beau Nash Cinema, the first purpose-built cinema in the West of England – will combine Komedia’s award-winning...

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More growth on the menu as Bath’s Mystery Dining Company finds new home

May 23, 2012
By
TMDC 2 Team May 2012

Bath-based hospitality business The Mystery Dining Company has upsized its offices following one of its most successful years to date.  The firm provides customer intelligence for restaurant chains, food outlets and hotel groups such as Carluccios, Hotel du Vin, Prezzo, Wagamama, and Travelodge After a 25% increase in client numbers and a growing presence...

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Iconic Francis Hotel reopens after £6m transformation

May 23, 2012
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Bath’s Francis Hotel officially re-opens to guests tomorrow following a £6m investment which has transformed it into one of the UK’s best high-end hotels. The iconic hotel recently became the newest member of the 50-strong MGallery global collection of unique hotels – the group’s second in the UK and first outside London. The refurbished...

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Milestone for solar energy at National Composites Centre

May 23, 2012
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The innovative solar energy system on the roof of the Bristol & Bath Science Park’s National Composites Centre (NCC) has beaten its target for renewable energy generated in its first year of operation. The 600 solar photovoltaic (PV) panels make it one of the region’s largest roof-mounted systems. When commissioned a year ago, renewable...

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Science Park offices snapped up in double quick time

May 22, 2012
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All available offices at the Bristol & Bath Science Park have been let just eight months after it opened. The ground floor of the Innovation Centre, the park’s main building, has filled up twice as quickly as anticipated by developer Quantum Property Partnership, while an area set aside for hot desking has been converted...

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Sharp fall in annual rate of inflation

May 22, 2012
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Inflation last month dropped to 3% – its lowest level for more than two years. The sharp fall from 3.5% raises the prospect that the Bank of England will be able to support the flagging economy by injecting more stimulus later this year. The fall in the Consumer Prices Index (CPI) was caused by...

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