Property

Firms warned of fines and penalties in new clampdown on National Minimum Wage breaches

September 6, 2021
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Firms warned of fines and penalties in new clampdown on National Minimum Wage breaches

South West accountancy firm Milsted Langdon is reminding employers of their obligations when it comes to the National Minimum Wage. In recent months, HM Revenue & Customs (HMRC) has been ramping up its investigation into employers who don’t pay the National Minimum and Living Wage – fining and publicly naming and shaming those businesses...

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Bath’s clean air zone forces owners of more than 1,000 polluting vehicles to make them greener

September 3, 2021
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Bath’s clean air zone forces owners of more than 1,000 polluting vehicles to make them greener

Bath’s air quality is improving as polluting taxis, vans, buses and larger commercial vehicles are upgraded to drive in the city’s pioneering clean air zone, according to the first analysis of its impact since being introduced in March. Nitrogen dioxide (NO2) levels have dropped by more than 12% compared with the same quarter in...

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Council could harness its £200m buying power to help tackle climate change and cut its carbon footprint

September 3, 2021
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Council could harness its £200m buying power to help tackle climate change and cut its carbon footprint

A fundamental review of Bath & North East Somerset Council’s buying practices – including using more local suppliers to further reduce its carbon footprint – is being considered as part of the council’s commitment to tackle the climate emergency. The council, which spends more than £200m each year commissioning goods and services, wants to...

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Deadline looming for prestigious regional awards that recognise excellence in the boardroom

September 3, 2021
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Deadline looming for prestigious regional awards that recognise excellence in the boardroom

Time is running out for Bath area directors to enter the region’s top awards scheme championing its outstanding boardroom talent. The deadline for the annual Institute of Directors’ Director of the Year Awards is September 13. Nominations are open to anyone working at director level in any type of business or organisation – they do not have to...

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Showpiece office building powers ahead with city’s largest solar panel scheme

September 3, 2021
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Showpiece office building powers ahead with city’s largest solar panel scheme

Bath’s biggest array of solar panels is now in place on the new flagship office development at the city’s Quays South regeneration area. Some 224 PV panels have been installed on the roof of the No1 Bath Quays building. Covering an area half the size of a five-a-side football pitch, they will provide it...

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Smith & Williamson webinar to shed light on Employee Ownership Trusts

September 2, 2021
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Smith & Williamson webinar to shed light on Employee Ownership Trusts

Some of the key advantages of Employee Ownership Trusts will be outlined at an online event staged by accountancy group Smith & Williamson next week. The Zoom webinar on Wednesday, September 8, will set out the rules around Employee Ownership Trusts (EOTs) and how the structure works in practice, along with practical issues facing...

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Curo partners with Essex housing association to land £160.4m for affordable homes

September 2, 2021
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Curo partners with Essex housing association to land £160.4m for affordable homes

Bath-based housing group Curo is to build nearly 2,500 homes over the next five years in partnership with an Essex-based housing association after securing funding under the government’s latest Affordable Homes Programme. Curo and Swan will receive £160.4m to pay for 2,425 homes for social/affordable rent and low-cost ownership.  The properties will be built...

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Pearson May weekly financial round-up

September 2, 2021
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Pearson May weekly financial round-up

Each week Bath accountancy firm Pearson May and Bath Business News team up to bring the top national finance stories. Pension freedoms age to increase from 55 to 57  Plans to be written into Finance Bill 2022 and take effect from April 2028. What’s changing? Find out more here ‘Cladding tax’ a step closer to 2022/23 introduction HMRC...

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Use furlough’s final weeks to address any financial issues, insolvency group urges directors

August 31, 2021
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Use furlough’s final weeks to address any financial issues, insolvency group urges directors

A West of England insolvency expert is calling on Bath’s bosses to make use of the final month of the government’s furlough scheme to plan for the future. Philip Winterborne, who chairs insolvency and restructuring trade body R3 in South West, says directors should review their businesses over the next four weeks and seek...

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Mixed picture on short-term outlook for region’s businesses as confidence levels waver

August 31, 2021
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Mixed picture on short-term outlook for region’s businesses as confidence levels waver

Optimism among South West firms in the economy is increasing as the region continues to recover from the pandemic, according to a new survey, but businesses have become less confident about their own prospects. The latest Business Barometer from Lloyds Bank Commercial Banking shows confidence levels among firms in the South West dropped month-on-month by four...

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