Finance

Government must do more to help Covid-hit businesses, says CBI, as Bath enters Tier 3

December 30, 2020
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Government must do more to help Covid-hit businesses, says CBI, as Bath enters Tier 3

The South West CBI has called for a rethink of government support for businesses hit by Covid-related restrictions ahead of much of the region going into higher tiers – including Bath and North East Somerset – from midnight tonight. Bath and North East Somerset along with Wiltshire will move into Tier 3, dealing a...

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2030 net zero carbon goal adopted by Business West – with a vow to help firms reach same target

December 23, 2020
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2030 net zero carbon goal adopted by Business West – with a vow to help firms reach same target

Business West, the region’s largest business organisation, is aiming to achieve net zero carbon emissions by 2030 and has introduced three new steps to help it – and firms across the South West – reach the ambitious target. The organisation, which runs Bath Chamber of Commerce and the Bath & North East Somerset Initiative...

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Survey shows region’s high-growth firms adapting to new normal to resume expansion

December 18, 2020
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Survey shows region’s high-growth firms adapting to new normal to resume expansion

More than two-thirds of high-growth firms in the South West plan to continue to expand next year after adapting for a post-Covid world, new research shows. According to the first survey to chart these businesses during the coronavirus pandemic it has created significant barriers to growth for 58% of South West firms, with operational...

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Mulberry says it can thrive by itself after takeover bid from retail giant falls through

December 18, 2020
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Mulberry says it can thrive by itself after takeover bid from retail giant falls through

The chairman of Somerset-based luxury fashion brand Mulberry today insisted it had a bright future as a standalone business after Mike Ashley’s Fraser Group pulled out of talks to take it over. Frasers, formerly known as Sports Direct, said last month it was considering a bid for Mulberry – best known for its much-sought-after...

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‘Perfect storm’ for manufacturers as survey shows Brexit uncertainty colliding with impact of Covid-19

December 18, 2020
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‘Perfect storm’ for manufacturers as survey shows Brexit uncertainty colliding with impact of Covid-19

Just 2% of the South West’s small to medium-sized manufacturers think Brexit will have a positive impact on their recovery, while more than half admit they still cannot predict how the transition out of the EU will affect their business. And with the UK-EU talks entering their final hours with no sign of a...

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Novia says its sale to European private equity group will spur faster growth

December 18, 2020
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Novia says its sale to European private equity group will spur faster growth

Bath-based financial services firm Novia is predicting a step change in its growth next year after being acquired by one of Europe’s top private equity firms. One of Bath’s highest profile firms due to its sponsorship of Bath Rugby, Novia – which delivers market leading investment technology and service to advisers and their clients...

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Bath Unlimited’s development supported by University of Bath MBA students

December 18, 2020
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Bath Unlimited’s development supported by University of Bath MBA students

University of Bath MBA students have worked with the Bath Unlimited initiative to support it in developing its strategy, with their research underlining the city’s strong quality of life, its support for business start-ups and the strength of its financial and defence sectors.  Bath Unlimited was launched in October to support the economic development...

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Hopes that new Bath-filmed period drama will serve up boost for city’s Covid-hit hospitality industry

December 17, 2020
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Hopes that new Bath-filmed period drama will serve up boost for city’s Covid-hit hospitality industry

Bath’s beleaguered hospitality industry is hoping for a boost in visitor numbers next year after a major TV period drama series filmed in the city premieres on Christmas Day. Bridgerton, described as a witty, romantic, emotional and thoroughly modern take on the Regency era, will be screened on Netflix over eight episodes.  Although set...

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Milsted Langdon advises on sale of ethical waste management firm to national group

December 16, 2020
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Milsted Langdon advises on sale of ethical waste management firm to national group

Regional accountancy firm Milsted Langdon, which has an office in Bath, has helped awith the sale of a Bristol-based ethical waste management company to a national market leader. Waste Source was launched in 2010 to make waste disposal a simpler, cheaper and more effective process so businesses could reduce their waste costs and increase...

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Bath Business Blog: John Grace, compliance & risk manager, Mogers Drewett. When a corporate Christmas gift becomes a bribe

December 14, 2020
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Bath Business Blog: John Grace, compliance & risk manager, Mogers Drewett. When a corporate Christmas gift becomes a bribe

This article may sound like humbug, but not all Christmas presents should be treated equally! The Bribery Act 2010 introduced a new regime by which all corporate hospitality or gifts had to be reasonable and proportionate. Given the current pandemic, not much hospitality is probably going on, but that does stop the giving of...

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