The Government has been urged to reinvigorate the UK economy by introducing supply side reforms, particularly changes to the tax system, to head off a full-scale collapse in business confidence. The plea, which come from accountants and business advisors BDO, coincided with this morning’s dire unemployment figures. BDO said they also want to see...
Unemployment has shot up to a 17-year high of 2.57m across the UK, worse-than-expected official figures have shown. The 114,000 increase between June and August took the official jobless rate to 8.1% – and immediately triggered calls for the Government to take firm action to avoid further increases. In the South West the number...
Distribution group Wincanton has welcomed Government plans to allow a trial of longer trucks onto UK roads. The Chippenham-based distribution group Wincanton has welcomed Government plans to allow a trial of longer trucks onto UK roads. The group, the largest UK-owned logistics company with around 8,000 vehicles and employing around 30,000 people, says a...
With key figures from the West’s PR industry gathering this evening for the prestigious CIPR West of England PRide Awards, Bath Business News is preparing its comprehensive coverage of the event. * We will be ‘live’ at the gala dinner with full details of all winners as soon as they are announced on www.bath-business.net...
Stronger-than-expected rent collection figures have helped buoy high street landlords ahead of the crucial Christmas trading season. Some 94% of retailers paid on time on quarter day – the day every three months when rents are due – up from 85% for the same quarter last year. The figure is a rare piece of...
Avon Rubber expects its annual pre-tax profits to be at the upper end of current market expectations, the Wiltshire-based manufacturing group said today in a trading update. The year to September 30 concluded strongly for both its divisions – protection & defence, and dairy – it said, while net debt at year end was...
Bath University is set to get a boost from Chancellor George Osborne’s promise of £50m to commercialise graphene – the super-hard new material that could revolutionise British industry. The Chancellor used his speech at the Conservative Party Conference to pledge that the cash will go towards creating a new hi-tech hub that will help...
Bath architects Feilden Clegg Bradley Studios and consulting engineerings Buro Happold have teamed up to stage a unique event that will bring some of the best designers, directors, artists and thinkers in Europe to the city. The not-for-profit event, called Power in Space, will encourage debate among international designers and directorsand allow delegates to...
Some 39% of South West entrepreneurial businesses are forecasting double-digit growth over the year, led by organic and new product development, while 38% are stockpiling cash, according to the latest entrepreneurship survey by business advisors Deloitte. Despite the ongoing economic instability, the survey reveals that 56% have achieved revenue growth in line with or...
Growing demand for funding from small firms is benefiting Bath-based specialist finance firm 1pm. The firm, which stages its annual meeting in the city today, said it remains confident that it can continue to grow its lease portfolio further, despite the tough market conditions. The firm focuses on providing finance small and medium-sized businesses....
