A business launched by two Bath entrepreneurs that helps small e-commerce firms distribute their products has received a major investment from an international logistics group. The undisclosed funding from Maersk Growth, the corporate venture arm of the global shipping container giant, will allow Huboo to continue its rapid growth. Huboo’s innovative software platform provides...
Bath is to take part in a ‘transport revolution’ including trialling self-driving cars and electronic scooters on public roads for the first time along with shared taxis and greater use of apps and electronic payments. The West of England has been chosen by the government as one of three Future Transport Zones in the...
Chancellor Rishi Sunak has unveiled an emergency £330bn package to support businesses during the coronavirus crisis. Mr Sunak, pictured, said the move was equivalent to 15% of the UK’s GDP and added that if demand was greater than the initial £330bn he would go further and provide as much capacity as required. Measures include:...
The battle of the bats returns to the West of England in May when the region’s third Ping Pong Fight Club takes place – and Bath businesses are being urged to sign up to enter teams for the unique, all-action event. This year the popular table-top challenge moves to the larger venue of Walkabout...
Bath advisors have welcomed a number of measures in the Budget, although the decision to cut, rather than scrap, Entrepreneurs’ Relief received a mixed response. Entrepreneurs’ Relief (ER) – a reduced Capital Gains Tax rate aimed at incentivising the building of successful businesses – has been criticised in some quarters for mainly benefiting wealthy business owners rather...
Business West, the region’s largest business organisation, has welcomed Chancellor Rishi Sunak’s response to the coronavirus crisis in his Budget – but warned that its commitment to funding big-scale ‘levelling-up’ infrastructure projects through borrowing could unravel if the economy goes into recession. Managing director Phil Smith, pictured, said a strong statement of intent from...
The CBI described Rishi Sunak’s first Budget as “bold” in combining the much-needed immediate response to the coronavirus crisis with longer-term measures to boost the economy. Director-general Dame Carolyn Fairbairn, pictured, said the Chancellor had worked against the clock in deeply challenging times to deliver two Budgets in one – the first for national...
Key points from the 2020 Budget so far . . . Growth forecasts updated to 1.4% for 2020 and 1.6% for 2021 Planned rise in alcohol duties cancelled Fuel duty frozen Government to abolish business rates for small shops this year levy on electricity frozen and increased on gas Tax on plastic packaging to...
Key points from Chancellor Rishi Sunak’s first Budget . . . Chancellor started speaking at 12:35pm He says public services are well prepared to tackle coronavirus There is likely to be a "significant" impact on the UK economy but it will return to normal There will be a funding "bridge" for business to help...
Bath-based organisations are being offered a unique opportunity to support their aspiring leaders through a pioneering leadership development programme designed by the city, for the city. Now in its fifth consecutive year, Bath Bridge aims to make the city a more dynamic place to live and work through a world-class programme for its future...
