Business News

Survey shows business confidence rising among West firms

February 13, 2012
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The West's economy will stand on firmer ground from mid-2012, according to a new business confidence survey that adds further weight to today’s predictions from the CBI of modest economic growth this year. Although conditions remain tough – with the UK likely entering a technical recession following contraction in Q4 2011 – any downturn...

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Upbeat CBI predicts modest economic growth this year

February 13, 2012
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The economy will achieve modest growth this year, avoiding a double-dip recession, the latest economic forecast from the CBI suggests. It expects growth this year of 0.9% and 2% in 2013 with manufacturers starting to buy new equipment and entering new export markets. However, unemployment will remain high and living standards will be squeezed....

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Bath accountants help crisp firm boss become the big cheese

February 12, 2012
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Specialist corporate finance advice and on-going support from Bath accountants Monahans has helped food industry entrepreneur Melvin Glynn buy and develop a small cheese processing and wholesale business. Mr Glynn is managing director of fast-growing crisps business Burts but wanted to acquire a business with potential. With a passion for cheese – he was...

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Media: Freelancers recognised in awards scheme

February 10, 2012
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A unique annual awards scheme which champions the often-overlooked contribution of freelancers in marketing, media and communications has been relaunched. Recruitment specialists Xchangeteam, which covers Bath and the West of England from its office in Portishead, started the annual Freelancer of the Year Awards in 2003 to give freelancers recognition and also enhance their...

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Boom time for fraud despite economic slowdown, survey shows

February 9, 2012
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The valued of frauds committed in the South West and Wales rose more than seven-fold last year, according to professional services firm KPMG. Having said that, one fraud accounted for 80% of the entire region’s total. Notable offenders included a woman who was ordered by Bristol Crown Court to undertake 150 hours of community service after...

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Time’s right for further growth at 1pm

February 9, 2012
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1pm, the independent Bath firm providing asset leasing finance to small firms, has increased its funding lines by £700,000 via two separate loans. The money is exclusively for the purpose of writing new leases. The company says it also continues to generate profits on a monthly basis and to fund part of its growing lease portfolio...

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Wincanton delivers as expected

February 9, 2012
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Wincanton, the Chippenham-based logistics group which recorded a £75.5m first half loss, said in an interim statement that it has continued to trade in line with its expectations since October 1. Last year the group refinanced its debt through a £185m bank facility and a £75m term facility following completion of the sale of its...

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Bath’s Holburne in the running for museum of the year award

February 8, 2012
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Bath’s Holburne Museum, which reopened last May following a £11.2m refurbishment, has been nominated for the Art Fund Prize 2012, the UK’s museum of the year award. The prize, the biggest for arts and cultural organisations in the country, rewards excellence and innovation for a project completed or undertaken in the previous year. The...

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Bath Priory scores a hat trick in SW Tourism awards

February 8, 2012
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The Bath Priory Hotel, Restaurant and Spa has added to its ever-growing collection of accolades with a hat trick in the South West Tourism Excellence Awards 2011-12. The hotel collected gold in the Small Hotel of the Year category, sponsored by accountants Bishop Fleming, and in the Taste of the South West category, sponsored...

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Ston Easton Park Hotel stages Meet the Press breakfast

February 7, 2012
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Luxury hotel Ston Easton Park launches its series of breakfast events for business leaders and owners tomorrow with an invitation to Meet the Press. Robert Buckland, editor of Bath Business News and its sister titles Bristol Business News and Swindon Business News, and Philip Welch, editor of Mid Somerset News & Media, will discuss...

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