The West of England Combined Authority (WECA) welcomed an extra £4.1m investment announced in the Budget to support its efforts to reduce car usage and improve air quality by getting more people to walk, cycle and use public transport. This new money, for the year 2021-22, comes as WECA continues to develop its West of England Recovery Plan,...
Specialist personal and commercial insurance broker Advance Insurance Agencies has been acquired by a fast-growing national group. Under the takeover by Jensten Group, Westbury-based Advance will now form a centre of excellence for specialist personal lines, enabling Jensten to offer an expanded service to clients of its Coversure franchises and wholly owned broking operation. The Advance brand will be retained in line...
Bath-headquartered regional firm Royds Withy King has completed a £38.7m private equity investment deal for a major UK data centre owner and operator. Amito, a long-standing client of Royds Withy King, delivers high-quality, colocation services through a network of 20 facilities across the UK. Based in Reading, where it operates an award-winning Tier 3...
West of England business leaders have given many of the measures in today’s Budget a warm welcome – especially the previously-trailed furlough extension – but there was also concern over the delayed Corporation Tax increase. Business West, which runs Bath Chamber of Commerce, said businesses would welcome the extension of the full range of...
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...
Bath-headquartered law firm Stone King has teamed up with Bath Spa University and Citizens Advice B&NES to launch a free legal clinic in the city as part of a new long-term strategic partnership. The Bath Law Clinic will enable residents to access top-quality legal advice while at the same time developing work experience opportunities...
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...
Law firm Stone King has further strengthened its Bath-based private client and education teams with two new appointments. Luke Watson, pictured, has joined as a partner in the firm’s dispute resolution & litigation team from Mogers Drewett in Bath, where he spent nearly five years. He brings with him expertise in commercial and property...
A specialist banking and finance law team led by Thrings has secured a £50m investment to roll out gigabit-capable broadband services across Cornwall. The funding will support Cornish internet service provider Wildanet’s growth plans by substantially expanding its network across the county. Redruth-based Wildanet was launched in 2017 by chief executive Ian Calvert to...
Bath accountants OCL and Bristol and London law firm Temple Bright have acted for the shareholders of healthcare project management and facilities support business Capitec on its sale to Imagile Professional Services Limited (IPSL). IPSL, established in 2005 and, like Capitec, based in Bristol, is a leading asset management consultancy providing professional services across a broad range of infrastructure sectors...
