Finance

Property agents slash £3m off asking price of prestigious country house hotel closed during pandemic

December 10, 2021
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Property agents slash £3m off asking price of prestigious country house hotel closed during pandemic

The sale price of one of the top country house hotels in the Bath area has been reduced by more than £3m - with property agents now marketing the closed-down venue for £6m.   Grade I listed, four-star Ston Easton Park near Shepton Mallet, which has 20 individually styled bedroom suites and seven reception...

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Funding for Bath tech firm on a mission to tackle global microplastic pollution crisis

December 9, 2021
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Funding for Bath tech firm on a mission to tackle global microplastic pollution crisis

A Bath firm developing biodegradable alternatives to harmful microplastics has won a £425,000 grant which could lead to its pioneering technology being produced on an industrial scale.   Naturbeads has received the money from Innovate UK, the government’s innovation body, to explore commercialising the product, which is made from cellulose, a naturally occurring substance...

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Inspecs looks ahead to more growth after buying German glasses distributor

December 9, 2021
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Inspecs looks ahead to more growth after buying German glasses distributor

Bath-based glasses designer and manufacturer Inspecs Group has made its third acquisition in 18 months, snapping up a German spectacle frame distributor for €1.76m (£1.51m).   Inspecs said buying BoDe Design Vertriebs, which also distributes Inspecs products in Holland, Austria and Switzerland, further reinforced its strategy of developing strategic distribution of its products to...

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Swedish group snaps up family-owned bathroom furniture firm in deal worth up to £90m

December 9, 2021
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Swedish group snaps up family-owned bathroom furniture firm in deal worth up to £90m

Bath-based bathroom furniture designer and supplier Roper Rhodes has been sold to a Swedish firm in a deal worth up to £90m. Family-owned Roper Rhodes was launched 42 years ago by Brian Roper and has since grown to become a major player in the UK market.  The acquisition by Svedbergs, which has been listed on the...

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Four new South West ambassadors for the IoD as it strengthens its regional team

December 7, 2021
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Four new South West ambassadors for the IoD as it strengthens its regional team

The Institute of Directors (IoD) has appointed four ambassadors for the South West to ensure its members remain at the heart of its operations in the region. The quartet of experienced business leaders – Katherine Piper, Alex Chikhani, Peter Doyle and John Rotherford – will enable greater connectivity between IoD South West’s 1,200 members...

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Pearson May Financial Update: The taxman has some goodies for your Christmas party – whether virtual or in-person

December 6, 2021
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Pearson May Financial Update: The taxman has some goodies for your Christmas party – whether virtual or in-person

I think we were all hoping that this year’s Christmas parties would be more ‘normal’ following last year’s restrictions, but developments with Coronavirus over the past few weeks have perhaps cast some doubt on that, writes Pearson May partner Matthew Rutter.    Whatever kind of festive celebrations you may be planning for your workplace, whether...

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Milsted Langdon goes for growth with series of firm-wide promotions

November 30, 2021
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Milsted Langdon goes for growth with series of firm-wide promotions

Seven staff at regional accountancy, tax and business advisory group Milsted Langdon have been promoted as demand for its services continues to grow. The firm, which has offices in Bath, Bristol, Yeovil and Taunton as well as London, said its latest round of promotions recognised the many talents of its staff while also rewarding key people...

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Good Energy to offload its wind and solar farms as it prepares to power up investment in new services

November 30, 2021
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Good Energy to offload its wind and solar farms as it prepares to power up investment in new services

Renewable power supplier Good Energy is to put all its wind and solar farms up for sale as it prepares to switch from being a utility to providing energy and electric vehicles services.   The Chippenham-headquartered firm, which has around 250,000 domestic and business customers, plans to use some of the proceeds to invest...

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Staff wellbeing scheme introduced by financial advisory firm to combat impact of Covid-19

November 29, 2021
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Staff wellbeing scheme introduced by financial advisory firm to combat impact of Covid-19

Bath chartered financial planning firm Unividual has launched a wellbeing programme to help combat the lasting effects of Covid-19 on the health of its employees.   Unividual, which also has an office in London, said it had listened to feedback from staff over the impact Covid-19 had on their health.  As a result it...

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Grand total for laptop scheme launched to help schoolchildren study at home during lockdown

November 29, 2021
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Grand total for laptop scheme launched to help schoolchildren study at home during lockdown

A scheme set up to bridge the digital divide by getting laptops to schools, charities and individuals who do not have access to technology has celebrated sending out 1,000 devices.   Wiltshire Digital Drive was born from the success of a laptop recycling project started by Westbury-based Priority IT during lockdown. The scheme recycled...

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