Budget measures affecting the housing market, business rate reform, infrastructure and city development gave the region’s property sector plenty of food for thought – with many commentators saying the Chancellor could have done much more. David Westgate, pictured, chief executive of Keynsham-based estate agency and property group Andrews, welcomed the stamp duty changes –...
Each week Bath Business News and Pearson May bring you the top national finance stories. This week we give a summary of the main measures from Wednesday’s Autumn Budget. Business – R&D expenditure credit raised Business rates to be determined by CPI and more. What’s changing VAT – thresholds to remain unchanged until 2020...
The Royal Society for the Prevention of Cruelty to Animals (RSPCA) has appointed Bath-based Epoch Wealth Management as its investment adviser. Epoch, which has significant experience supporting trustees and board members of not-for-profit organisations, saw off strong competition from a number of other firms to secure the role. It is now advising the RSPCA...
While there were not many significant Budget announcements, in a way this was good as any further unfavourable surprises for businesses, such as some that we have had in the last couple of years, would not have been welcomed at all. It is fairly accepted that taxes need to be increased at some point...
Well, nobody could accuse the Chancellor of setting the world alight. But perhaps we should at least be grateful that most of us haven’t had our fingers burned with this Budget, anyway. The good news for aspirational young house owners – and their parents, who as part of the Bank of Mum and Dad...
Chancellor Philip Hammond’s support for the tech sector – a vital part of Bath’s economy – and his commitment to devolve more funding for infrastructure and skills to the West of England in Wednesday’s Budget have been welcomed by business figures. However, there was criticism that his measures lacked the dynamism and vision needed...
Chancellor Philip Hammond pledged more than £80m to invest in new transport infrastructure across the West of England in the Budget. The West of England Combined Authority (WECA) said it has been told it will receive the funding for schemes to improve connectivity, reduce congestion and encourage new technology – creating jobs and boosting...
Philip Hammond was a “cautious Chancellor doing his best in a tight spot” in Wednesday’s Budget, according to Phil Smith, managing director of Business West – the region’s largest business organisation which runs Bath Chamber of Commerce. He described Mr Hammond as playing a “weak hand with reasonable competence”, providing enough for his supporters...
CBI director-general Carolyn Fairbairn described it as a Budget that balanced support for people on squeezed incomes with vital action to help grow the UK out of austerity. But delivery was everything. “Against a sombre economic backdrop, the Chancellor gripped the steering wheel on the UK economy. Action on business rates, R&D tax credits,...
Chancellor Philip Hammond has presented the 2017 Budget. Here are the main points: Economy is ready for challenges that lie ahead Growth forecast is now 1.5% this year, 1.4% next year and 1.3% in 2019/20 against 2% this year, 1.6% next year and 1.7% in 2019. Inflation peaking at 3% in this quarter before...
