Property

Wincanton on road to more growth as it benefits from new business wins and another acquisition

October 9, 2022
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Wincanton on road to more growth as it benefits from new business wins and another acquisition

A raft of contract wins and the takeover of a specialist eCommerce fulfilment firm helped revenue drive ahead at national logistics group Wincanton. In a trading update to shareholders the Chippenham-headquartered business also said it was managing to manage inflationary pressures by passing on cost increases to its customers. Revenue for the six months...

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Truss facing a winter of discontent from Tory rebel MPs, political commentator tells West bosses

October 9, 2022
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Truss facing a winter of discontent from Tory rebel MPs, political commentator tells West bosses

Conservative MPs are going to make life for Prime Minister Liz Truss as difficult as their Labour counterparts did for Jeremy Corbyn when he was their leader, political columnist and broadcaster Ayesha Hazarika has told the region’s business leaders. Speaking at the South West CBI’s annual dinner, she predicted the political waters would get...

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Specialist legal firm calls in Interaction to create high-spec office for hybrid working

October 7, 2022
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Specialist legal firm calls in Interaction to create high-spec office for hybrid working

Bath workplace design company Interaction has unveiled its latest cutting-edge project – a flexible office that promotes collaborative working at intellectual property law firm Withers & Rogers. The 4,866 sq ft workspace in Bristol’s Castlemead office complex has been designed around the firm’s new hybrid business model and features a mix of collaborative meeting...

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Business confidence plunges as region’s firms face uncertain winter amid soaring energy costs

October 6, 2022
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Business confidence plunges as region’s firms face uncertain winter amid soaring energy costs

Fewer than one in 10 businesses in the South West have confidence in the UK’s economic prospects, with a record 73% fearful over the impact of inflation, according to new survey. At the same time the number of firms concerned about exchange rates has doubled, with a third of exporters suffering a fall-off in...

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New West of England Combined Authority grants to help small businesses adapt and grow

October 5, 2022
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New West of England Combined Authority grants to help small businesses adapt and grow

Bath’s small businesses and their supply chains can get help to adapt to the new economic and regulatory landscape thanks to a £1.5m fund from the West of England Combined Authority. The Business Growth and Adaptions Grant, which opens for a second round of applications from 19 October, is aimed at enabling small-to-medium enterprises...

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Fashion Museum’s relocation will boost vital regeneration of city’s Milsom Quarter, says council

September 30, 2022
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Fashion Museum’s relocation will boost vital regeneration of city’s Milsom Quarter, says council

The new home for Bath’s world-leading Fashion Museum has been announced at the same time as regeneration plans for the city’s Milsom Quarter – which will be developed around the museum – have also taken a major step forward. The museum, currently housed in the Assembly Rooms, is to relocate across the city centre to...

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Bath student housing development snapped up by US real estate group as market remains ‘resilient’

September 30, 2022
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Bath student housing development snapped up by US real estate group as market remains ‘resilient’

A global real estate investment management firm has acquired one of Bath’s largest student housing developments as the market shows no sign of slowing. Chicago-headquartered Heitman, which has operations across North America, Europe and Asia-Pacific, snapped up the 120-bed scheme on Lower Bristol Road from London-based Alumno Group in an off-market transaction.  The scheme,...

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Green light for pharma firm’s world-beating £58m inhalation technology innovation centre

September 30, 2022
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Green light for pharma firm’s world-beating £58m inhalation technology innovation centre

Pharmaceutical firm Vectura has been granted planning permission for a world-class ‘inhalation centre of excellence’ as it looks to expand its operations and develop innovative new treatments. The firm, controversially acquired by tobacco giant Philip Morris International (PMI) £1.1bn a year ago, revealed its plan to build the £58m centre on the Bristol & Bath...

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Free employment advice available from Goughs Solicitors’ in its Wednesday Wisdom Webinars

September 30, 2022
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Free employment advice available from Goughs Solicitors’ in its Wednesday Wisdom Webinars

Goughs Solicitors’ latest series of free online seminars for business owners concludes next month with the final session titled Settlement: When and how to do it. The monthly Wednesday Wisdom Webinars, which have been giving up-to-date, relevant and pragmatic employment advice throughout the summer, are led by the firm’s head of employment Rebecca Dennis, pictured. They allow employers the opportunity to...

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Significant interest expected in ‘truly unique’ Bath boutique hotel on market for £8.5m

September 30, 2022
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Significant interest expected in ‘truly unique’ Bath boutique hotel on market for £8.5m

Kaleidoscope Collection, the Bath boutique hotel group owned by Ian and Christa Taylor, has put one of its hotels on the market with a £8.5m price tag. The Bird, Bath, pictured, on Pulteney Road was bought by the Taylors in 2018 for an undisclosed sum.  They have since invested heavily in it, creating 29...

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