Logistics group Wincanton, which is poised to be taken over by US group GXO, hit the acquisition trail itself today by snapping up a specialist warehousing software firm. Chippenham-headquartered Wincanton, which has 20,300 employees and 8,500 vehicles in more than 170 sites across the UK, said buying Invar represented a key milestone in its...
Redevelopment of the Bath Press site, one of the city’s largest undeveloped former industrial areas, is to go ahead after years of delays, following its acquisition by a major property firm. Essex-based specialist developer City & Country snapped up the high-profile 5.3-acre site on Lower Bristol Road for £13.8m this week and announced it...
Law firm Thrings has welcomed the qualification of three new lawyers in its Bath office in a move it said demonstrated its longstanding commitment to supporting its staff in pursuing different journeys within the legal profession. Ella Richardson, Stacey Mold and Lisa Hodge, pictured – along with Charlotte Jones in Thrings’ London office –...
Rob Chedzoy, tax partner at South West accountancy firm Milsted Langdon, cautioned that Chancellor Jeremy Hunt had targeted individuals with tax cuts at the expense of small businesses. He said the Chancellor had placed a heavy emphasis on relieving the financial burden on families and working individuals following a period of high living costs...
Phil Smith, managing director of Business West, the organisation behind Bath Chamber of Commerce, said while the Budget offered a number of initiatives that were likely to benefit the region’s businesses it lacked any measure that would tackle big issues such as transport, housing and infrastructure. “The creative and hospitality industries, which are significant contributors...
West of England Metro Mayor Dan Norris, pictured, said “hard-pressed” West of England residents and businesses were still struggling with 70-year high levels of tax under the Conservatives, “despite today’s desperate attempts from the Chancellor to pretend otherwise”. The Labour leader of the West of England Combined Authority (WECA), which covers Bath, added: “Instead of...
Chancellor Jeremy Hunt has delivered his Spring Budget. The main points were: The Chancellor said growth had been higher in the UK since 2010 than every other European economy. But future growth would not come from mass immigration. He promised a Budget for future growth. Inflation had been halved to 4%. It was 11% when...
Bath-headquartered workplace design and build company Interaction has creatred a rooftop terrace and clubroom for tenants of a new landmark office scheme in the latest example of developers and occupiers prioritising staff wellness. The feature at Assembly Building C in Bristol city centre offers a place for tenants to “come together in a relaxed and informal setting...
Directors of takeover target Wincanton, the UK logistics group, have performed a dramatic u-turn by ditching their previous support for one bid for the business and throwing their weight behind a rival offer. The unusual manoeuvre means shareholders of the Chippenham-headquartered group are being recommended to accept the 605p-a-share offer made by US-owned global...
Bath’s world-class heritage sites, including the Roman Baths, have bounced back from the devastating impact of the pandemic as international tourists return to the city in large numbers. According to Bath & North East Somerset Council, its sites – which also include the Victoria Art Gallery and the Fashion Museum – will make a...
