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...
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...
The South West’s largest business organisation has said many of its members will be “disappointed” with the government’s roadmap for taking England out of national lockdown. Business West, which runs Bath Chamber of Commerce, said following Prime Minister Boris Johnson’s statement in the House of Commons on Monday the onus was now on ministers...
Shares in rapid-growth Bath media group Future soared above £21 for the first time in its history today as it said its full-year profits are likely to be much higher than expected. The highly acquisitive group, whose titles span TechRadar, PC Gamer and Country Life, also updated shareholders on its latest deals, including the...
A surge in sales of sex toys during the pandemic has resulted in retailer Lovehoney taking on an additional 70 staff at its Bath headquarters. The firm – which was launched, appropriately, from a bedroom in the city in 2002 – has enjoyed a whopping 200% sales boost in many of its overseas markets...
Fresh from its starring role in hit TV period drama Bridgerton, Bath will provide the backdrop for the return of contemporary detective series McDonald & Dodds later this month. The first three episodes of McDonald & Dodds, which starred Tala Gouveia and Jason Waktins, pictured, as mismatched detectives, were a big hit with viewers when screened a...
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....
