Advanced manufacturing

Coronavirus update: Profit warnings soar as firms start to feel financial impact of pandemic

March 31, 2020
By
Coronavirus update: Profit warnings soar as firms start to feel financial impact of pandemic

Warnings about future profits made by South West companies listed on the London Stock Exchange have soared by 75% compared to this time last year – with most of them blaming the coronavirus pandemic. The latest analysis from international accountancy group EY shows there have been 14 profit warnings issued in the region so...

Read more »

Coronavirus update: Business West welcomes new insolvency and red tape measures

March 30, 2020
By
Coronavirus update: Business West welcomes new insolvency and red tape measures

The latest moves by the government to support businesses, including relaxing the insolvency laws and removing some red tape, have been given the thumbs up by the region’s largest business organisation. Business West described the measures, announced by Business Secretary Alok Sharma on Friday evening, as sensible steps that would help protect companies weakened...

Read more »

Coronavirus update: Government ‘lifeline’ for self-employed welcomed by business groups

March 29, 2020
By
Coronavirus update: Government ‘lifeline’ for self-employed welcomed by business groups

Business organisations have backed government help outlined last night to support the self-employed and sole traders affected by coronavirus, describing them as a lifeline for around 5m people. The measures announced by Chancellor Rishi Sunak, pictured below, provide a grant worth 80% of profits up to a cap of £2,500 a month and are targeted...

Read more »

Coronavirus update: Manufacturing Barometer to take pulse of impact on industry

March 27, 2020
By
Coronavirus update: Manufacturing Barometer to take pulse of impact on industry

Swindon’s small and medium-sized manufacturers are being urged to take part in a major survey to gauge the impact of the coronavirus pandemic on industry. The resected quarterly Manufacturing Barometer – the largest survey of its type in England – has just gone live and is inviting companies to highlight the issues they are...

Read more »

Coronavirus update: Website launched with expert advice to help firms trade through the crisis

March 26, 2020
By
Coronavirus update: Website launched with expert advice to help firms trade through the crisis

Swindon businesses needing up-to-date information, advice and guidance to help them trade in the current unprecedented market conditions are being encouraged to turn to a new web portal launched by Business West, the region’s largest business organisation. Called Trading Through Coronavirus, it aims to help businesses navigate their way through the crisis by enabling...

Read more »

Coronavirus update: Government’s lockdown measures welcomed by business groups

March 24, 2020
By
Coronavirus update: Government’s lockdown measures welcomed by business groups

National business organisations have welcomed the government’s drastic measures putting the country into virtual lockdown in a bid to combat the rapid spread of coronavirus. The CBI said the action presented “great challenges” while the British Chambers of Commerce (BCC) said it made it even more vital that support for businesses was delivered quickly. ...

Read more »

Coronavirus update: Business Link and South West TUC call for stronger regional response to crisis

March 23, 2020
By
Coronavirus update: Business Link and South West TUC call for stronger regional response to crisis

The South West TUC and Business West, the region’s largest business organisation, have jointly welcomed the latest government measures to tackle the economic and jobs crisis triggered by the coronavirus pandemic. But in a joint statement they slammed the regional response as “too slow . . . fragmented and inconsistent” and called for further...

Read more »

CORONAVIRUS UPDATE: All pubs, bars and restaurants to close tonight as Chancellor announces ‘unprecedented’ support for firms

March 20, 2020
By
CORONAVIRUS UPDATE: All pubs, bars and restaurants to close tonight as Chancellor announces ‘unprecedented’ support for firms

Pubs, cafes and restaurants must close down this evening, Prime Minister Boris Johnson has announced, as Chancellor Rishi Sunak unveiled a massive package of measures to support businesses and their workers. The government is to pay 80% of wages for employees not working, up to £2,500 a month, Mr Sunak said.  Companies and organisations...

Read more »

Coronavirus update: Interest rates slashed to lowest-ever level of 0.1% by Bank of England

March 19, 2020
By
Coronavirus update: Interest rates slashed to lowest-ever level of 0.1% by Bank of England

The Bank of England has cut interest rates to 0.1% – their lowest level ever – as it attempts to deal with the economic fall-out from the coronavirus pandemic. The move is the second emergency cut in just over a week prompted by the outbreak – last week the rate was reduced from 0.75%...

Read more »

Business West training scheme in the running for blue-chip national recruitment award

March 18, 2020
By
Business West training scheme in the running for blue-chip national recruitment award

A training programme staged by Business West, the region’s largest business organisation, has been nominated alongside the likes of Apple and Google at a prestigious national awards scheme. Pathways to International Trade, which is in its sixth year, involves talented undergraduate students undergoing an intensive four-day training course in international trade and exporting before...

Read more »

ADVERTISE HERE

Reach tens of thousands of senior business people across Swindon & Wiltshire for just £70 a month. Email info@swindon-business.net for more information.