Ahead of the Agenda: The Week Ahead

July 23, 2023
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Monday July 24 Interim: Science Group Tuesday July 25 Finals: Games Workshop Group, Altitude Group Interims: Unilever, Bridgepoint Group, Unite Group, Tyman, Croda International, Sthree, Reach, Hummingbird Trading announcements: Compass Group, Sage Group Wednesday July 26 Finals: Hargreaves Services, Van Elle Holdings Interims: Rio Tinto, RHI Magnesita, Rathbones Group, Lloyds Banking Group, Breedon Group, Restore, Primary Health Properties, Conduit Holdings,...

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£4bn battery gigafactory to put region in the driving seat of the UK’s electric vehicle revolution

July 21, 2023
£4bn battery gigafactory to put region in the driving seat of the UK’s electric vehicle revolution

Bath and the West of England will become the UK’s centre for electric vehicle technology when the long-expected green light is finally given for a battery gigafactory in Somerset, according to business leaders and politicians in the region. The government this week agreed a deal with Tata Group, which owns Jaguar Land Rover (JLR), to...

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Items worth £120,000 a year gifted by furniture retailer to charity supporting hard-hit households

July 21, 2023
Items worth £120,000 a year gifted by furniture retailer to charity supporting hard-hit households

Online retailer Furniturebox has become a major supporter of a charity that helps households hit by the cost of living crisis save money on reused sofas, cookers and fridges. The Chippenham-based firm gifts £120,000 worth of returned items each year to furniture and white goods charity KFR, which has seen a 25% rise in...

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University of Bath’s ambitious ‘Readcycle’ textbook scheme to be expanded to more countries

July 21, 2023
University of Bath’s ambitious ‘Readcycle’ textbook scheme to be expanded to more countries

An academic from the University of Bath is hoping to extend a recently launched scheme that sends surplus management textbooks to universities in Nigeria so that it also benefit students in other African nations as well as in Asia, the Caribbean and the Middle East. Bath School of Management associate professor Teslim Bukoye said...

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New South West broker manager boosts Time Finance’s asset finance offering

July 20, 2023
New South West broker manager boosts Time Finance’s asset finance offering

Time Finance, the Bath-headquartered alternative lender, has strengthened its hard and soft asset finance offering across the South West with the appointment of Ollie Cole as broker manager. Ollie, pictured, brings more than a decade of experience in the finance industry, most recently as business development associate at West Midlands-based Paragon Banking Group. Having...

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Economic uncertainty and lower consumer spending blamed for big rise in profit warnings

July 20, 2023
Economic uncertainty and lower consumer spending blamed for big rise in profit warnings

Profit warnings from South West companies listed on the London Stock Exchange soared by 66% in the first half of this year as the cost of living crisis hit consumers. According to new research by international accountancy group EY, 15 warnings were issued by quoted firms in the region during the six months –...

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