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...
Land and buildings in Bath suitable for small residential developments are being sought by socially focussed investment group Bristol & Bath Regional Capital (BBRC) as it aims to boost housebuilding in the city. The group, owned and supported by regional organisations including the University of Bath and Bath Spa University, has teamed up with...
Bath-based housing group Curo is due to start construction work next month on another affordable homes scheme in Bristol – including repurposing one of its own offices – as it continues to work towards easing that city’s housing shortage. Curo has appointed family-owned construction group Jehu as the main contractor on The Willows regeneration...
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...
The South West CBI has backed Bristol Airport’s appeal against the decision by North Somerset Council last year to refuse its expansion. The council’s planning committee went against their own officers’ recommendation last February to throw out the scheme, which sought to increase the airport’s capacity to handle 12m passengers a year. At the...
The vice-chancellors of both of Bath’s universities and the principal of its main college have joined business leaders from across the West of England in backing the creation of a ‘free port’ in the region. Prof Ian White and Prof Sue Rigby of the University of Bath and Bath Spa University respectively and Laurel...
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...
An office building with one of the most sought-after addresses in Bath and a strong wellbeing offering for staff is now fully occupied following its most recent letting. Bath-based financial services software and consultancy services provider Altus has taken 2,756 sq ft (256 sq m) of open-plan office space in Queen Square House, pictured. It...
