Technology

Report reveals Bath Uni-backed incubator SETsquared’s £15.7bn economic boost to the UK

December 2, 2022
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Report reveals Bath Uni-backed incubator SETsquared’s £15.7bn economic boost to the UK

The globally acclaimed University of Bath-supported business incubator SETsquared has bolstered the UK economy by £15.7bn since its launch 20 years ago, according to an independent report. SETsquared was set up in 2002 by a small group of research-intensive universities in the South of England, including Bath, with a mission is to help turn...

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Satirical website acquisition makes Bath digital publisher UK’s biggest laughing stock

December 2, 2022
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Satirical website acquisition makes Bath digital publisher UK’s biggest laughing stock

Bath-headquartered digital media group Digitalbox has continued its expansion with the acquisition of a satirical website which says it provides “an antidote to the daily grind”. The Poke was launched in 2002 to deliver what it calls fast-turnaround topical distractions by selecting the funniest content on the web, enabling its users to spend “time well...

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Fast-growing national payment group acquires Bath fintech start-up for £2.25m

December 1, 2022
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Fast-growing national payment group acquires Bath fintech start-up for £2.25m

Bath financial technology firm Roqqett has been sold to a major national tech-led payment group in a deal worth up to £2.25m just three years after its launch. Roqqett was founded by Glenn Smith, who previously held senior roles with UBS and Barclays in foreign exchange derivatives followed by more than a decade in...

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Free workforce development support for Bath businesses to prepare for the future

November 29, 2022
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Free workforce development support for Bath businesses to prepare for the future

Firms in the Bath can ensure they are fit for the future by taking advantage of free support on offer under a Workforce for the Future programme. Staged by Business West, the region’s largest business organisation, Workforce for the Future provides fully funded, tailored and in-depth support for firms with fewer than 250 employees to...

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Bath Business Blog: Right to Work checks – are you up to speed? Julie Moktadir, head of immigration team and faith sector, Stone King

November 28, 2022
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Bath Business Blog: Right to Work checks – are you up to speed? Julie Moktadir, head of immigration team and faith sector, Stone King

It has been a very busy few years for immigration law. Firstly, absorbing Brexit and, more recently, with the impact of the pandemic with numerous temporary changes and concessions being introduced by the Home Office. 2022 has been no exception, with a number of these ‘quick fixes’ either being removed or enshrined as a...

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Recognition for Bath firm’s contribution to UK’s economy in national trailblazer programme

November 22, 2022
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Recognition for Bath firm’s contribution to UK’s economy in national trailblazer programme

Bath-based full fibre broadband provider Truespeed has been championed as a regional success story in a new UK-wide programme. The fast-growing firm is among 16 South West mid-sized businesses chosen by specialist consulting firm WIRED that typify its vision of trailblazing enterprises – not only generating local growth but also boosting the wider UK...

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US software firm’s new Bath office shows city is on the up as vibrant tech hub, says Mayor

November 18, 2022
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20221115 - Smartbear Bath

Bath has a bright future as a tech-driven economic hub, according to the city’s mayor, with fast-growing US firms like software developer SmartBear investing in new offices and creating jobs. Councillor Rob Appleyard was speaking as he officially opened SmartBear’s redesigned Bath base, which he said proved there was “no holding back the city’s vibrant business community”. ...

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Autumn Statement 2022: National business reaction

November 17, 2022
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Autumn Statement 2022: National business reaction

The Autumn Statement has piled more pressure on the UK’s 5.5m small businesses, their employees and customers, according to the Federation of Small Businesses (FSB). Chancellor Jeremy Hunt’s measures were “high on stealth-creation and low on wealth-creation”, FSB national chair of Martin McTague said. “While tackling inflation is essential, so are measures to create conditions for...

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New Twerton creative hub will draw on the talent of local people, artists and students

November 16, 2022
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New Twerton creative hub will draw on the talent of local people, artists and students

An empty shop on Twerton High Street is being transformed into a vibrant creative and exhibition space for local artists, students and the community. Creative Twerton is the result of a partnership between Bath Spa University, Bath creative tech studio Little Lost Robot, Bath & North East Somerset Council, Radstock-based arts group Creativity Works...

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Bath Business Blog: What does the crypto crash mean for investors’ tax position? Simon Denton, tax partner, Milsted Langdon

November 16, 2022
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Bath Business Blog: What does the crypto crash mean for investors’ tax position? Simon Denton, tax partner, Milsted Langdon

The value of many cryptoassets has fallen considerably as a result of the collapse of the FTX cryptocurrency exchange. The failure of such a big platform and the potential loss of billions of pounds worth of cryptocurrency value has rocked the confidence of the market.  This has caused both well-known digital currencies such as...

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