The Bath area has been named as the best place in the UK to launch and run a successful microbusiness. The city, along with North East Somerset, has the highest concentration of thriving microbusinesses and self-employed people, according to the Business Financed website. The website, which provides banking and finance information for UK businesses, set...
Projects ranging from using Artificial Intelligence to create art to building low-tech robots from recyclable materials are to receive funding under a scheme aimed at innovators and creatives from the Bath area. The Studio Innovation Fund for 2023 was launched by The Studio at Palace Yard Mews, Bath Spa University’s city-centre research and innovation...
A pioneering medical device company with a base in Bath that focuses on the emerging field of surgical endoscopy has raised nearly £34m to fill a funding gap and speed up its expansion. Creo Medical Group develops and commercialises minimally invasive electrosurgical devices from its bases in Chepstow and Bath. The firm, which is...
A partnership between the University of Bath and a pharmaceutical manufacturing company that spun out from it 17 years ago has received an ‘outstanding’ rating from the government’s innovation agency. Innovate UK, which provides funding and support to organisations to make new products and services, recognised the longstanding Knowledge Transfer Partnership (KTP) between the...
Rob Chedzoy, tax partner at regional accountancy firm Milsted Langdon, believes the Chancellor Jeremy Hunt’s drive for growth has created interesting tax planning opportunities for businesses and their owners. Rob, pictured, said prior to the Budget, many businesses were concerned about the upcoming increase to Corporation Tax in April, when the rate will rise from 19% to...
West of England Metro Mayor Dan Norris said the Spring Budget contained some measures that would benefit the region but overall would do nothing to unleash the potential of its businesses. “The hit to living standards over the past two years is the largest since records began,” the Labour mayor, pictured, who heads the West...
Business West, the organisation behind Bath Chamber of Commerce, welcomed what it called the return of a Budget that addressed immediate threats while including measures aimed at future prosperity. But it said the government must commit to providing the stability and confidence needed by businesses to invest and grow the UK economy. Managing director...
Chancellor Jeremy Hunt has delivered his Spring Budget. The key points are: The economy is expected to contract by 0.2% this year but should avoid a technical recession. Growth next year is forecast to be 1.8%, followed by 2.5% in 2025; 2.1% in 2026; and 1.9% in 2027. Inflation is forecast to fall to 2.9%...
The tech and creative sectors in Bath and the West of England are rich and varied. They are also critical to the strength of the region’s economy. Both will be keeping a close eye on next Wednesday’s Spring Budget, when it is hoped Chancellor Jeremy Hunt will provide some help for their ongoing success. At the...
Businesses have come far in terms of gender equity in recent years, a panel discussion on the key topic heard, but there is still a long way to go in achieving it both in and outside of the workplace. The event, staged by Business West – the organisation that run Bristol Chamber of commerce...
