Ahead of the Agenda: The Week Ahead

December 13, 2020
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Monday December 14 Trading announcement: SThree Tuesday December 15 Finals: Chemring, Driver Group, Shaftesbury Interims: Purplebricks, Ramsdens Holdings Trading announcement: IG Group Holdings Economic announcements: Unemployment rate, Claimant count rate Wednesday December 16 Final: Real Good Food Interims: Dixon Carphone, FRP Advisory Economic announcements: Producer price index, Consumer price index, Retail price index Thursday December 17 Finals: IntegraFin Holdings, SSP Group Interim: Watches of...

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Government financial support for locked down firms covered just quarter of their costs, survey shows

December 13, 2020
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Government financial support for locked down firms covered just quarter of their costs, survey shows

West of England Firms have slammed government financial support for businesses forced to close during the most recent lockdown as grossly inadequate. Some 54% of businesses that were shuttered during November – including restaurants, cafes and non-essential retailers – said the financial assistance covered less than a quarter of their overheads, a new survey...

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Wincanton cultivates eCommerce business with three-year garden centre group contract

December 10, 2020
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Wincanton cultivates eCommerce business with three-year garden centre group contract

Chippenham-based logistics group Wincanton’s focus on the eCommerce market has landed it another major contract with a multi-channel retailer – the UK’s largest garden centre operator Dobbies. The Scottish firm, which has 68 stores across the UK, is the latest in a stream of retailers to sign up with Wincanton since it adopted a...

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Honda pauses production at Swindon car plant as parts deliveries are hit by UK port delays

December 9, 2020
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Honda pauses production at Swindon car plant as parts deliveries are hit by UK port delays

Production at car giant Honda’s Swindon plant is being paused because of a shortage of parts, the firm announced today. The plant, which will close permanently next year with the loss of all 3,500 jobs, was being hit by “transport-related parts delay”, Honda said.  A number of UK ports are struggling to cope with...

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Brexit confusion continues for third of firms as UK-EU talks go down to the wire

December 8, 2020
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Brexit confusion continues for third of firms as UK-EU talks go down to the wire

A third of South West firms still do not know if they will be impacted by Brexit with less than four weeks to go to the end of the UK-EU transition period, according to a new survey. At the same time 46% are worried that Brexit could have a bigger impact on them than...

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Ahead of the Agenda: The Week Ahead

November 29, 2020
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Monday November 30 Finals: Barloworld, Tharisa, Zambeef Products Interims: Civitas Social Housing, Discoverie Group, Draper Esprit, Foxtons, Omega Diagnostics group, St James House, Victoria Tuesday December 1 Finals: Gooch & Housego, Hyve Group Interims: Bilby, Ince Group, Iomart, Mercia Asset Management, Sosandar, Tekmar Group Economic announcement: PMI manufacturing Wednesday December 2 Finals: Avon Rubber, Ixico, Residential Secure Income, Stock Spirits...

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Reboot for Business West’s online Brexit advice hub as clock ticks down to end of transition period

November 26, 2020
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Reboot for Business West’s online Brexit advice hub as clock ticks down to end of transition period

The award-winning Trading Through Brexit service run by Business West has been relaunched to help companies make crucial last-minute adjustments to the way they operate ahead of the end of the UK-EU transition period. Regardless of whether or not a deal is reached between UK and EU negotiators ahead of deadline on December 31,...

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Chancellor’s Spending Review: Swindon business reaction

November 26, 2020
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Chancellor’s Spending Review: Swindon business reaction

Business West, which runs the Swindon & Wiltshire Initiative, was disappointed with the lack of capital investment promised by the government for the West of England. Policy manager Claire Ralph said: “Some minor funding has been allocated to the West of England Combined Authority for local transport improvements through the Transforming Cities Fund. “Elsewhere...

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Chancellor’s Spending Review: National business reaction

November 25, 2020
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Chancellor’s Spending Review: National business reaction

Business groups have welcomed the investment in infrastructure and jobs in Chancellor Rishi Sunak’s Spending Review but said many firms still needed more help from the government. The CBI praised the Chancellor for making “some bold autumn decisions” to power a spring recovery even as the stark forecasts pointed to tough times ahead. But...

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Chancellor’s Spending Review: Main points

November 25, 2020
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Chancellor’s Spending Review: Main points

Chancellor Rishi Sunak is delivering his much-anticipated Spending Review, outlining how the government will tackle the huge economic challenges caused by the coronavirus pandemic. The main points so far are:  The government is spending £280bn on tackling Covid-19 But the Chancellor says: “The economic damage is likely to be lasting.” Forecast for UK borrowing...

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