Finance

Plea to PM ahead of G7 Summit to pave way for more sustainable business amid global climate crisis

June 8, 2021
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Plea to PM ahead of G7 Summit to pave way for more sustainable business amid global climate crisis

The region’s largest business group has urged the Prime Minister to help create a more sustainable future for business at this weekend’s G7 summit in Cornwall. The British Chambers of Commerce South West (BCCSW) – which includes Bath Chamber of Commerce parent group Business West – has written to Boris Johnson ahead of the global...

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New partner appointment and director promotions strengthen Deloitte in the region

June 8, 2021
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New partner appointment and director promotions strengthen Deloitte in the region

Global accountancy group Deloitte’s South West operation has made eight key promotions, including a new partner, in a move it says underlines its commitment to promote talent from within. Hamish McFadyen, pictured, is its new consulting partner in Deloitte Digital, where he specialises in the strategy, design, implementation and operation of digital customer experiences.  Hamish, who is...

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Royds Withy King team sparkles in major laundry business acquisition

June 7, 2021
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Royds Withy King team sparkles in major laundry business acquisition

A cross-sector team from Bath-headquartered law firm Royds Withy King has advised on a major takeover in  the UK laundry equipment businesses. Barnsley-based Wolf Laundry, one of the UK’s leading suppliers of commercial laundry equipment, acquired Brewer & Bunney for an undisclosed seven-figure sum.         Brewer & Bunney, based Redruth, Cornwall, is the...

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Bath specialist analytics firm sees major opportunities in post-Covid workplace revolution

June 4, 2021
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Bath specialist analytics firm sees major opportunities in post-Covid workplace revolution

New ways of working ushered in by the pandemic are continuing to create opportunities for Bath advanced analytics firm Actual Experience, it said as it unveiled a narrowing of half-year pre-tax losses. The firm’s pioneering advanced analytics systems enable companies to improve operational efficiency as more staff work from home.  In comments accompanying its...

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Bath eLearning specialist latest acquisition for fast-growing safety and compliance group

June 4, 2021
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Bath eLearning specialist latest acquisition for fast-growing safety and compliance group

Cylix, the Bath-based eLearning software firm, has been acquired by the UK’s leading provider of business critical services and software that assure safety and regulatory compliance. London-based Marlowe said the move would offer “attractive synergies” with Deltanet, the compliance & safety eLearning platform it snapped up recently under its buy-and-build strategy.  Cylix, which is based on...

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Small firms offered free meeting space at Bath hotel to help them bounce back from impact of Covid

June 3, 2021
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Small firms offered free meeting space at Bath hotel to help them bounce back from impact of Covid

A Bath hotel is offering free use of its meeting rooms to small businesses, charities and community groups as they look ahead to life after Covid-related restrictions. The Apex hotel on James Street West, along with nine others in the Apex group, this week launched its ‘Help in Hand’ initiative offering complimentary use of...

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Green business grants can make saving cash and energy child’s play

June 2, 2021
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Green business grants can make saving cash and energy child’s play

Bath’s small and medium-sized businesses are being urged to take advantage of grants which can make them greener while also saving them money. But they need to hurry as applications for the grants close on June 25. The Green Business Grant scheme is run by the West of England Combined Authority (WECA), which covers Bath...

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Private equity giant’s £958m offer for pharma firm Vectura gets thumbs-up from its board

May 28, 2021
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Private equity giant’s £958m offer for pharma firm Vectura gets thumbs-up from its board

Specialist pharmaceutical firm Vectura, which has its roots in a spin-out from the University of Bath, has agreed to be taken over by global private equity giant Carlyle for £958m. The approach by Carlyle has been approved by Vectura’s board. Chairman Bruno Angelici said while the firm’s directors remained confident in its long-term fundamentals,...

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Art trail will use empty stores to offer window into the world of wildlife’s rapid decline

May 27, 2021
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Art trail will use empty stores to offer window into the world of wildlife’s rapid decline

An art trail displaying paintings, sculptures and photography in empty shop windows on the theme of nature and climate change is to launch next week to coincide with World Environment Day. The Trowbridge Windows on Nature trail will highlight the devastating fact that a quarter of British mammals are at risk of extinction and 80%...

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Pearson May weekly financial round-up

May 27, 2021
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Pearson May weekly financial round-up

Bath accountancy firm Pearson May and Bath Business News team up with each week to bring you the top national finance stories. HMRC seeks to remove VAT repayment supplement  Tax body warns of potentially ‘devastating’ impact on VAT-registered businesses’ cashflow. Click here for more information Employers told to issue childcare voucher reminder HMRC also implies working parents might be...

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