Business News

Bath Business Blog: People against Poverty – looking ahead to 2025

October 29, 2024
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Bath Business Blog: People against Poverty – looking ahead to 2025

People against Poverty (PaP) has just held its 2023-24 AGM and annual celebration for supporters at which it presented a bold strategy for growth for 2025. Despite being small charity, PaP supports 18 projects across six countries – the UK, Haiti, India, Malawi, Romania and Tanzania – and has helped thousands of people on...

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Dubai-based power industry group makes unsolicited takeover approach to Good Energy

October 28, 2024
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Dubai-based power industry group makes unsolicited takeover approach to Good Energy

Shares in Good Energy, the 100% renewable electricity supplier, powered ahead by more than a 28% this week after it received what it called “an unsolicited indicative, non-binding proposal” from a Dubai-based group. The move, which comes two-and-a-half years after Chippenham-headquartered Good Energy repelled an approach from arch-rival Ecotricity, has come from Esyasoft, a...

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Ahead of the Agenda: The Week Ahead

October 27, 2024
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Monday October 28 Economic announcements: M4 money supply, BRC shop price index Tuesday October 29 Finals: Softcat, Ultimate Products, Cap-xx, YouGov, Sareum Holdings Interim: C&C Group Economic announcements: Consumer credit, Mortgage approvals Wednesday October 30 Final: Grit Real Estate Income Group Q3 results: Standard Chartered, Smurfit Westrock Trading announcement: Next Thursday October 31 Final: Seeing Machines Interim: Vela Technologies Q3 results: Shell, PPHE Hotel...

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The LAST WORD: Annie Legge, co-founder, Tech4Good South West

October 25, 2024
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The LAST WORD: Annie Legge, co-founder, Tech4Good South West

Each week Bath Business News gives a prominent member of the city’s business community the last word on its weekly e-bulletin. This week Tech4Good South West co-founder Annie Legge answers our 10 questions. What was the LAST  Film you watched? The Outrun. I loved the emphasis on healing through nature – cold water swimming and the...

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Funding for Bath-based AI-driven sports technology firm with goal of boosting elite athletes’ performance

October 25, 2024
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Funding for Bath-based AI-driven sports technology firm with goal of boosting elite athletes’ performance

A spin-out business from the University of Bath has netted a £250,000 investment to help it deploy cutting-edge artificial intelligence that will revolutionise the way top sports stars train and perform. Forceteck is already using its physics-based AI to create video footage of football and rugby players in action – with the big advantage that no lab set-up...

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Derelict site on edge of Bath city centre could be transformed with major new development

October 25, 2024
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Derelict site on edge of Bath city centre could be transformed with major new development

Plans to transform a major brownfield site near Bath city centre with a mixed-use development of homes and business space are to be submitted for planning approval. The derelict 4.5-acre former Homebase site on Pines Way was acquired by London-based Developer HUB and Bridges Fund Management, a London-based fund manager specialising in sustainable and...

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Growing optimism among region’s firms tempered by their pre-Budget fears over rise in the tax burden

October 24, 2024
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Growing optimism among region’s firms tempered by their pre-Budget fears over rise in the tax burden

Business confidence in the South West has improved and remains firmly in positive territory amid strong domestic sales growth, according to new research. Published less than a week before one of the most important Budgets for a generation, the quarterly survey of chartered accountants in the region paints a more upbeat picture than many...

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New Michelin ‘key’ scheme locks-in Bath area’s reputation as the best in the UK for luxury regional hotels

October 24, 2024
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New Michelin ‘key’ scheme locks-in Bath area’s reputation as the best in the UK for luxury regional hotels

The Bath area’s standing as the UK’s top location for quality breaks outside London has been reinforced with seven of its hotels gaining recognition in a prestigious new Michelin award scheme. Michelin Keys, which were launched earlier this month, showcase the best hotels in the same way that Michelin Stars have championed the most...

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Frasers Group’s latest £111m offer for Mulberry roundly dismissed by its directors as ‘untenable’

October 24, 2024
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Directors at Somerset-based fashion brand Mulberry have rejected retail group Frasers’ increased offer to take over the struggling business, calling it “untenable”. Instead, the board at Mulberry – best known for its luxury bags – said the company should focus its attention on “driving the commercial performance of the business”, as it looks to...

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New business development manager for Time Finance as it builds its offering in the South West

October 24, 2024
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Bath-headquartered specialist funder Time Finance has appointed Sion Street as a business development manager in its invoice finance team. In his new role Sion, pictured, will build his network of introducers across the South West and Wales by providing their business clients with the essential funding they need to thrive.  He joins Time Finance,...

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