Shares in Actual Experience, the Bath-based advanced analytics firm, slumped by more than 40% today after it revealed it was heading for an annual pre-tax loss. In a year-end trading update, the firm also said efforts to reduce its sales cycle were being hampered by the pandemic and “the resultant elongation of procurement...
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...
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...
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...
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...
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...
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...
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...
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...
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...
