The CBI said Chancellor Rishi Sunak’s decision to hike Corporation Tax to 25% in one leap – the first increase since 1974 – would “cause a sharp intake of breath” for many businesses. It also warned that the move – which is planned to come into effect in 2023 – sent a worrying signal to those...
Chancellor Rishi Sunak has delivered his Budget this afternoon. The main points are: No rise in VAT, income tax or national insurance Corporation tax to rise from 19% to 25% from 2023 but only 10% largest companies will pay, Chancellor claims ‘Super deduction’ in tax for companies that invest in innovation Eight ‘Freeports’ established to deliver ‘an unprecedented economic...
Architecture firm Stride Treglown, which has an office in Bath, has become the first top 100 UK practice to gain a B Corp certification, reflecting its commitment to people and planet over profit. The firm, which is employee-owned and has 300 staff across its eight offices, said the “challenging and rigorous” six-month assessment process to...
The next West of England mayor must show vision and ambition to spearhead the region’s Covid recovery and build a sustainable, long-term prosperity capable of matching London’s economic strength, according to the CBI. The business group this week launched its blueprint for the West of England’s future, which urges the winner of May 6’s...
Land and buildings in Bath suitable for small residential developments are being sought by socially focussed investment group Bristol & Bath Regional Capital (BBRC) as it aims to boost housebuilding in the city. The group, owned and supported by regional organisations including the University of Bath and Bath Spa University, has teamed up with...
Bath-based housing group Curo is due to start construction work next month on another affordable homes scheme in Bristol – including repurposing one of its own offices – as it continues to work towards easing that city’s housing shortage. Curo has appointed family-owned construction group Jehu as the main contractor on The Willows regeneration...
Bath businesses will be able to learn how to boost their online overseas sales from successful women in eCommerce at a virtual conference next week. The free ‘Women in Global eCommerce’ event on Tuesday is being hosted by the Department for International Trade (DIT) in collaboration with Business West, the organisation behind Bath Chamber...
Bath-based spectacles designer and manufacturer Inspecs has launched its own sustainable range in what it has described as a massive step forward for its industry. The collection, called Botaniq, has been designed by the firm’s in-house technical experts using biodegradable natural, recycled and recyclable material in direct response to consumer demand for sustainable products....
Nearly 2,000 businesses across Bath and North East Somerset forced to close as a result of the third national lockdown have received more than £12m in support grants. Bath & North East Somerset Council had processed 1,825 applications by Wednesday of last week, paying out a total of £11m in support grants and £1.4m...
Bus firm First West of England has pledged that all its vehicles operating in Bath will meet the city’s Clean Air Zone when it comes into operation in a month’s time. The firm, Bath’s largest bus operator, has a fleet of around 150 buses serving the city. It said that through a combination of...
