Manufacturers in the South West face a tough year ahead with the sector expected to contract in the face of a deteriorating economic outlook at home and abroad, according to a new survey. The region’s manufacturing businesses are ending 2022 on a low, having suffered falling orders and a cutback in recruitment. But results...
A new innovation and enterprise space has opened on the University of Bath’s campus to provide a space for student entrepreneurs, researchers and graduate start-ups to develop and share ideas for products and services. The E-Lab, pictured, which also offers access to support and mentoring, is a significant expansion of the university’s enterprise services,...
Each week Bath accountancy firm Pearson May and Bath Business News team up to bring you the top national finance stories. One in four small firms fear closure Businesses are increasingly concerned if energy relief ends next spring. Find out more here SMEs owed £23.4bn in late payments A government review into outstanding invoices to be launched. Click here to find...
Three new partners have been appointed at South West accountancy and finance group Old Mill following a restructure to enable faster career progression and greater opportunities for staff. The promotions of Chartered Financial Planners Jon Orchard and Julia Banwell, both part of the wealth management tea, and director of tax Stephen Martin take the total...
As Jeremy Hunt took to the despatch box just 34 days after taking on the role of Chancellor of the Exchequer, all eyes were on him. In light of an ever-burgeoning cost of living crisis, the Chancellor promised that the Autumn Statement would ensure his tax and spending plans would “stand the test of...
The globally acclaimed University of Bath-supported business incubator SETsquared has bolstered the UK economy by £15.7bn since its launch 20 years ago, according to an independent report. SETsquared was set up in 2002 by a small group of research-intensive universities in the South of England, including Bath, with a mission is to help turn...
Confidence levels among South West firms about their prospects and those of the UK economy have unexpectedly increased, according to a new survey – although optimism remains far lower than it did just months ago. While confidence fell by four percentage points during October to minus 4%, last month it picked back up to plus 5%...
Bath financial technology firm Roqqett has been sold to a major national tech-led payment group in a deal worth up to £2.25m just three years after its launch. Roqqett was founded by Glenn Smith, who previously held senior roles with UBS and Barclays in foreign exchange derivatives followed by more than a decade in...
Firms in the Bath can ensure they are fit for the future by taking advantage of free support on offer under a Workforce for the Future programme. Staged by Business West, the region’s largest business organisation, Workforce for the Future provides fully funded, tailored and in-depth support for firms with fewer than 250 employees to...
The CEO of 100% renewable electricity supplier Good Energy has hit back at a report by industry regulator Ofgem which claimed it was failing vulnerable customers. Chippenham-headquartered Good Energy was among 17 energy suppliers told by Ofgem to improve their customer service ahead of what will be a costly winter for many consumers. Its review...
