Advanced manufacturing

Spring Budget 2020: Regional business reaction

March 11, 2020
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Spring Budget 2020: Regional business reaction

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...

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Spring Budget 2020: National business reaction

March 11, 2020
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Spring Budget 2020: National business reaction

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...

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Spring Budget 2020: Key economic points so far . . .

March 11, 2020
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Spring Budget 2020: Key economic points so far . . .

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...

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Spring Budget 2020: Chancellor pledges total package worth £30bn to tackle coronavirus

March 11, 2020
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Spring Budget 2020: Chancellor pledges total package worth £30bn to tackle coronavirus

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 them...

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Korea opportunities knock for Bristol’s advanced manufacturing businesses

March 8, 2020
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Korea opportunities knock for Bristol’s advanced manufacturing businesses

Bristol’s innovative manufacturing firms are being invited to take part in a trade mission to South Korea to explore collaborating with some of the country’s most pioneering businesses. Part of the government’s Global Business Innovation Programme, the mission will bring together small cohorts of innovative UK small and medium-sized businesses looking to grow and...

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Strong job creation puts South West at top of UK table for women’s economic empowerment

March 8, 2020
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Strong job creation puts South West at top of UK table for women’s economic empowerment

The South West has emerged as the UK’s best region for women’s economic empowerment – outperforming other parts of the country for female participation at work and narrower pay disparities between the sexes. According to the latest Women in Work Index, produced by accountancy giant PwC, the region also has the second-lowest female unemployment...

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Time running out to challenge for awards that champion excellence in the region’s boardrooms

March 8, 2020
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Time running out to challenge for awards that champion excellence in the region’s boardrooms

With less than a month to go until nominations close, Bristol directors are being urged to enter one of the South West’s top award schemes recognising excellence and enterprise. The Institute of Directors’ (IoD) South West Director of the Year Awards 2020 aim to champion the region’s outstanding leaders and entrepreneurs.  The awards, which also...

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Brexit clarity lifts gloom for South West manufacturers with sales and profits expected to bounce back

February 25, 2020
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Brexit clarity lifts gloom for South West manufacturers with sales and profits expected to bounce back

Confidence among the South West’s small and medium-sized manufacturers has bounced back following the breaking of the Brexit impasse, according to a new survey. While the sector ended 2019 by enduring its toughest quarter in a decade – with the worst reduction in sales, profits and staff numbers since the depth of the recession...

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Plea to new Chancellor from the CBI: Use your first Budget to ‘power-up’ the South West

February 14, 2020
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Plea to new Chancellor from the CBI: Use your first Budget to ‘power-up’ the South West

The CBI has urged the Chancellor to take bold action on skills, innovation and infrastructure in his Budget to ‘power-up’ the South West’s economy. The seven-point plea was made before Sajid Javid resigned as Chancellor and was replaced by Rishi Sunak – throwing into doubt whether the Budget will go ahead, as planned, on...

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Chance to learn about trade opportunities in growing Latin American and Caribbean markets

February 5, 2020
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Chance to learn about trade opportunities in growing Latin American and Caribbean markets

South West firms looking to explore export opportunities in Latin America and the Caribbean will be able to find out about support from the Department for International Trade (DIT) at an event next month. The DIT’s national LatAC Roadshow arrives in the region on March 12 when experts will provide insights into the vibrant...

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