Business News

Olympic legacy could be a gamechanger for Bath’s tourism industry

May 9, 2012
By
olympic

International sports links and excellent training facilities are bringing more than a dozen nations to Bath for pre-Olympic training. But, it looks like the positive effects on the city are likely to be felt long after 2012. As teams commit to train here, international TV crews are coming too. That means publicity for Bath,...

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Turnover inches ahead as earnings and margins improve at Jelf

May 8, 2012
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A strong financial first-half performance has been reported today by Jelf, the West-based independent full service brokerage which supports businesses and individuals. Revenues were slightly up on last year from £35m to £35.2m in the six months to March 31 as EBITDA (earnings before interest, taxes, depreciation, and amortisation) increased by 5% to £4.4m...

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Hi-tech pioneers offer growing investment opportunities for IP firm

May 8, 2012
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IP Group, a developer of intellectual property-based technology spinout businesses from a dozen British universities including Bath and Bristol, has boosted the value of its investment portfolio from £123.8m on December 31 to £178.6m. The increase is largely due to the £26.4m fair value gain as a result of Oxford Nanopore Technologies’ financing announced...

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Annual charity grant scheme launched by Bath Building Society

May 8, 2012
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Bath Building Society has launched its annual charity grant awards programme and is seeking applications from local charities and community groups. The total value of the awards has been increased to £5,000 this year to reflect the growing number of entrants it received in 2011 while the Society will also give away balloon flight...

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Ahead of the Agenda: The week ahead

May 8, 2012
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Tuesday May 08 FINALS Chagala Group Ltd. GDR (Reg S) EGMs Alpha Bank GDR (Reg S) USD AGMs Biotech Growth Trust (The), Gresham Computing, Macfarlane Group, Morgan Crucible Co, Norsk Hydro ASA, St James's Place, Vitec Group, Weir Group, William Hill UK ECONOMIC ANNOUNCEMENTS BRC Shop Price Index (00:00) RICS Housing Market Survey (09:30)...

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Raising the roof. Bath office block gains another floor

May 4, 2012
By
image002

  One of Bath’s prime office buildings, Cambridge House on Henry Street, has begun a substantial makeover and expansion and all is due to be revealed at the end of July. An entire new floor is being built on top of the existing building. Leading property consultancy Jones Lang LaSalle’s Bath office  is managing...

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Mulberry pays £1m for full control of US sales

May 3, 2012
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Luxury fashion brand Mulberry has announced details of an agreement to take full control of the wholesale and retail sales of products in the group's  key US market.  Its American partner was called Mulberry USA LLC , a limited liability partnership between Mulberry and a company under the control of the owners of Challice Limited...

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Better by design for re-launched South West forum

May 2, 2012
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The South West Design Forum has re-launched itself as Design South West with a new identity, website and the mission of ‘Design, Better Connected’. The organisation, which is run by the industry for the industry, continues in its role as the regional body bringing together seven locally-based design forums. Chairman Tim Burley said: “We’ve...

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Pioneering lab for ‘wonder material’ Graphene opened at University of Bath

May 2, 2012
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The University of Bath has officially opened its pioneering Graphene Centre Laboratory, which will study the amazing properties and develop potential applications of the ‘wonder material’. The lab, officially opened by university Vice-Chancellor Professor Dame Glynis Breakwell yesterday, is home to state-of-the-art equipment including a specially-adapted scanning probe microscope – nicknamed the nano-factory –...

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Accountants Old Mill recruit corporate services director

May 2, 2012
By
Tim Lerwill1 (1)

Former president of the West of England Society of Chartered Accountants, Tim Lerwill (pictured), has joined accountants and financial planners Old Mill as director of corporate business services. A maths graduate who qualified as a charted accountant in 1999, Tim, 38, started his career at HW Fisher in London, and also worked at KPMG...

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