Finance

More firms shrug off impact of Covid to recruit new workers, upbeat survey shows

October 21, 2021
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More firms shrug off impact of Covid to recruit new workers, upbeat survey shows

Taking on new staff has become a top priority for businesses as they continue to recover from the imact of the pandemic, according to a survey conducted by Time Finance, the Bath-headquartered alternative finance provider. It found that one in three firms were planning to expand their workforce, with 90% aiming to start the...

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New owner looking to make a bright future for precision engineering firm

October 21, 2021
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New owner looking to make a bright future for precision engineering firm

  A precision engineering firm founded in the 1960s and which now works with some of the region’s largest blue-chip manufacturers is looking forward to a bright future under new ownership.   Frome-based Keyford has been acquired by the Edwin Lowe Group of Birmingham for an undisclosed sum in a deal supported by the...

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Bath Business Blog: Claire Burden, advisory consulting partner, Tilney Smith & Williamson. Insolvencies are back and rising fast

October 21, 2021
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Bath Business Blog: Claire Burden, advisory consulting partner, Tilney Smith & Williamson. Insolvencies are back and rising fast

The monthly insolvency statistics published by The Insolvency Service for September show the number of registered company insolvencies were at their highest since the start of the first UK lockdown in March 2020. This is effectively a rebalancing back to normalised insolvency levels across the economy, after the government support measures during the Covid...

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Office move builds on Old Mill’s pledge to help its staff work more flexibly from better location

October 21, 2021
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Office move builds on Old Mill’s pledge to help its staff work more flexibly from better location

Regional accountancy firm Old Mill has relocated its Wiltshire office from  Melksham to Chippenham as part of its wider expansion plans. The firm – which also has bases in Exeter, Yeovil and Wells – first opened in Melksham in 2010 following a merger with long-established Wiltshire rural accounting practice L E Bull.  The decision...

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Customers and staff at Pure Planet priority of its administrators as energy price crisis continues

October 21, 2021
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Customers and staff at Pure Planet priority of its administrators as energy price crisis continues

The administrators of Bath energy supplier Pure Planet, which last week became the latest victim of the wholesale gas price surge, have said their first priority is to support its 235,000 customers.   But they also pledged to Pure Planet's 197 staff – none of which have so far been made redundant.  Eddie Williams,...

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Barclays funding helps fast-growing pizzeria group rise to post-Covid challenge with Bath opening

October 19, 2021
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Barclays funding helps fast-growing pizzeria group rise to post-Covid challenge with Bath opening

A chain of family-owned pizza restaurants has expanded into Bath after securing funding from Barclays. Bosco Pizzeria successfully launched its third restaurant in Milsom Place, pictured, and is now due to open in Cheltenham shortly as it bounces back from the impact of the pandemic.  The group is the brain-child of Miles Johnson, whose holiday...

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Founders of collapsed Bath energy supplier Pure Planet slam government’s response to crisis

October 15, 2021
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Founders of collapsed Bath energy supplier Pure Planet slam government’s response to crisis

The founders of Bath-based Pure Planet, which this week became the latest energy supplier to collapse, have hit out at the government over its handling of the crisis. The firm became Britain’s first digital green energy supplier when it was launched in 2015 by some of the UK mobile telecoms industry’s most experienced executives. ...

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Hedging on wholesale prices will help protect us from volatile market, says Good Energy

October 15, 2021
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Hedging on wholesale prices will help protect us from volatile market, says Good Energy

Renewable power supplier Good Energy has said it remains positive over long-term opportunities in the highly volatile UK energy market due to its experience and its hedging policy. The Chippenham-headquartered firm is 90% hedged for the next 12 months, which its chief executive officer Nigel Pocklington insisted would help limit its exposure to soaring...

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Bath security firm looks to unlock bright future after sale to investment firm

October 14, 2021
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Bath security firm looks to unlock bright future after sale to investment firm

Bath-based security, fire and safety systems firm BWS Security is to expand following its sale to an investment company. Established in 1988, BWS supplies, installs, maintains and monitors fire alarms, intruder alarms, CCTV and access control systems for commercial and residential customers, principally across the South West.  It is recognised as a leader in customer service and product innovation...

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Bishop Fleming commits to a better way of doing business as it joins Business in the Community

October 13, 2021
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Bishop Fleming commits to a better way of doing business as it joins Business in the Community

Regional accountancy group Bishop Fleming is to put a new environmental, social and governance strategy at the heart of the firm following it joining the UK’s largest membership organisation dedicated to responsible business. The firm, which has an office in Bath, is undertaking what it called “a thorough, diagnostic process” to implement the strategy.  It...

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