A portfolio manager from a major European asset management group has been appointed to the board of Bath-based advanced analytics firm Actual Experience less than a month after its founding chief executive quit with immediate effect. Harmesh Suniara, who works at Lombard Odier Asset Management (Europe), has joined Actual Experience as a non-executive director....
The University of Bath has powered up its research and innovation capability by becoming the first UK university to move all possible high performance computing workloads into the cloud. Named ‘Nimbus’, the switch to Microsoft Azure Cloud will rapidly speed up scientific discovery processes and allow researchers to carry out more advanced computationally intensive...
Chris May, the founding director of Bath specialist software house Mayden, has been recognised as one of the UK’s most ambitious business leaders. The 50-strong list, produced by private equity firm LDC, celebrates the inspiring individuals behind some of the UK’s most successful and fast-growing medium-sized firms. Supported by The Times and now in...
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...
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...
Chancellor Kwasi Kwarteng presented his mini-Budget in the House of Commons this morning against a backdrop of high inflation, soaring energy bills and an economy which, according to the Bank of England, could already be in recession. Key points announced by Mr Kwarteng, pictured, were: Chancellor says a new approach for a new era is required...
The chief executive of Bath-based advanced analytics firm Actual Experience has quit the business he founded 13 years ago with immediate effect. The analytics-as-a-service firm, which has a mission to “make the digital world work for everyone, everywhere, all of the time”, said in a statement that Dave Page had “stepped down from his...
The future of Bath as a vibrant business centre will go under the spotlight next Tuesday at a special conference in the city. The sell-out event, which is being staged by the Bath Business Improvement District (BID), will give firms the opportunity to have their say about the city’s future as an innovative hub...
Former BT chief customer officer Lisa Harrington has joined Bath-based full fibre broadband provider Truespeed as a non-executive director, bringing with her more than 25 years’ telecoms industry experience. Lisa, pictured, joins the Truespeed board as the company accelerates the rollout of ultrafast, ultra-reliable broadband across the South West. A diversity advocate as well...
A University of Bath spin-out business is to commercialise its world-beating 100% needle-free blood sugar monitor in a move that could have huge applications for chronic diseases such as diabetes. Transdermal Diagnostics, which was launched in March, has raised £1.1m in a pre-seed round investment to further develop and bring to market its pioneering...
