Additional support announced shortly before Christmas by Chancellor Rishi Sunak for businesses impacted by the Omicron variant were welcomed by business groups as well as Bath & North East Somerset Council – although some in the hospitality sector dismissed it as “too little, too late”. The £1bn package is mostly aimed at hospitality and...
The Chancellor must step up and provide an urgent package of measures to support Bath businesses as they suffer the effects of another Covid-hit Christmas, according to West of England Metro Mayor Dan Norris. He has called for a package of support until the end of January to get businesses across the region...
Bosses at Time Finance, the Bath-headquartered alternative finance provider, have said they remain “vigilant and cautious” over the economic impact of the pandemic despite a strong ending its recent half year trading period. The group, which specialises in asset, loan and invoice finance products, closed the six months to November 30 with a...
A BSc Management student at the University of Bath has become the 1,000th to receive business innovation skills training in a pioneering scheme run by SETsquared, the world-leading tech incubator. The Intrapreneurial Knowledge Exchange Enterprise Pathway (IKEEP) was set up nearly a year ago by SETsquared, which is backed by a group of six...
Bath-based financial services software and consultancy provider Altus is putting its weight behind Great Britain’s top bobsleigh crew for the second year running as they enter a busy season. Altus began sponsoring Team Bobsleigh Brad, which is made up of six world-class athletes and led by Bath-based bobsleigh pilot Bradley Hall, a year...
Insolvency and restructuring trade body R3 has appointed insolvency litigation specialist Charlotte May as its new regional chair. Charlotte, pictured, is an associate director for South West and Wales with Manolete, the UK’s leading insolvency litigation finance company. She takes over as chair from Philip Winterbourne, pictured below, a partner at Bristol and London law firm Temple Bright solicitors,...
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...
