Bath’s four-star Lansdown Grove Hotel has been put on the market with a £8m-plus price tag just over a month after its parent group went into administration. The 61-room hotel, pictured, on Lansdown Road was part of the Country Living Hotel group, whose overall owner the Specialist Leisure Group, which ceased trading in May...
Integrating a spate of acquisitions over recent years helped push annual profits at Chase de Vere, the national independent financial advice firm with an office in Bath, to a record high. Profits came in 23% up at £13.03m for 2019 – its sixth consecutive year of profitability – on a 5.8% sales increase to...
Clean energy group Good Energy has taken effective control of Zap-Map, the popular app for the UK’s 300,000 electric vehicle (EV) drivers in which it bought a minority stake last year. Chippenham-based Good Energy snapped up a 12.9% share in Zap-Map’s parent company Next Green Car in March last year for just over £1m...
Each week Bath accountancy firm Pearson May and Bath Business News team up to bring you the top national finance stories. Could the Chancellor cut taxes for businesses? Temporary measures set to be announced in early July ‘fiscal event’. Click here to find out more What to expect from a tax investigation As HMRC...
An online service promising impartial financial advice for Bath firms on funding options has been launched by Business West, the region’s largest business organisation. According to Business West, which runs Bath Chamber of Commerce, its Finance Hub will be free from confusing jargon or any hard sell, enabling businesses to decide what sort of...
Business groups have cautiously backed the reduction of many coronavirus lockdown restrictions announced earlier this week by the Prime Minister. But they also warned that other measures to boost the economy were still needed to avoid widespread business failures and job losses. In a major boost to the West of England’s vital tourism and...
A surprise fall in the number of corporate insolvencies could herald the ‘calm before the storm’, the South West branch of insolvency and restructuring trade body R3 has warned. Figures published by the Insolvency Service show a 30% drop in companies going bust at the height of the coronavirus crisis in May compared to...
Unemployment has soared by 145% in the West of England since the start of the coronavirus pandemic, according to figures published today, with just nearly 40,000 people claiming jobless benefits. At the same time, around 22% of the region’s workforce – 132,600 people – have been furloughed while job vacancies have fallen sharply, down...
Bath-based travel tech start-up Tickitto has booked itself onto a period of expansion after receiving $700,000 (£563,850) in funding. The firm, which aims to help travel retailers access tickets to events and travel-related experiences through one single connection, will to use the money from the pre-seed round to scale its engineering team and build...
Bath-based financial planning group Fidelius – one of the city’s fastest-growing businesses – has struck a significant strategic partnership with a major investment firm that will take its assets under advice to £1.8bn. The link up with Pacific Asset Management (PAM) has involved it acquiring Fidelius’s discretionary fund management (DFM) arm Parallel Investment Management. ...
