Legal

Government Covid-19 emergecy measures keep insolvencies low – but fears grow they will rise later

June 23, 2020
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Government Covid-19 emergecy measures keep insolvencies low – but fears grow they will rise later

A surprise fall in the number of corporate insolvencies could herald the ‘calm before the storm’, the South West branch of insolvency and restructuring trade body R3 has warned. Figures published by the Insolvency Service show a 30% drop in companies going bust at the height of the coronavirus crisis in May compared to...

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UK quarantine rules hitting Swindon’s exporters and tourism industry, says Business West

June 11, 2020
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UK quarantine rules hitting Swindon’s exporters and tourism industry, says Business West

Business West, the region’s largest business organisation, has joined bodies representing business, education and employment in urging the government to rethink its controversial quarantine rules for travellers arriving in the UK. In an open letter to the home, foreign and transport secretaries, Business West, UK Hospitality, Universities UK and others argue that it was...

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R3 South West issues essential guide to help region’s firms manage impact of Covid-19 crisis

June 4, 2020
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R3 South West issues essential guide to help region’s firms manage impact of Covid-19 crisis

An eight-point checklist to help owner-managers deal with the impact of the coronavirus pandemic on their businesses has been launched by the South West arm of insolvency and restructuring trade body R3. The organisation’s members, who include insolvency practitioners, lawyers, and turnaround and restructuring experts, work with business owners to mitigate and resolve financial...

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South West firms now UK’s least confident as Covid-19 hits region hard

May 29, 2020
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South West firms now UK’s least confident as Covid-19 hits region hard

The coronavirus pandemic has dealt a severe blow to confidence levels among South West firms – with the region now the UK’s least optimistic, according to the gloomy results of another survey. Overall confidence slumped by 16 points during the past month to minus 51% – an unenviable record for Lloyds Bank Commercial Banking’s...

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Royds Withy King dials up WhatsApp to help Covid-19 sufferers with their Wills

May 28, 2020
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Royds Withy King dials up WhatsApp to help Covid-19 sufferers with their Wills

Law firm Royds Withy King is helping seriously ill people with Covid-19 create or update a Will while remaining in strict isolation – via WhatsApp. The firm, which has an office in Swindon, has turned to the mobile video call platform to overcome the difficult – and unprecedented – legal issues around changing Wills...

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Expert advice – and chance to network virtually – in Business West’s latest recovery initiative

May 18, 2020
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Expert advice – and chance to network virtually – in Business West’s latest recovery initiative

Business West, the region’s largest business organisation, is launching a series of expert webinars and virtual networking events to help small firms bounce back from the impact of the coronavirus crisis. The webinars will address key practical issues and challenges facing firms as lockdown measures are eased while the online networking sessions will enable...

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Bristol Business Blog: Matt Griffith, director of policy, Business West. The furlough scheme is hugely successful – but how will it end?

May 15, 2020
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Bristol Business Blog: Matt Griffith, director of policy, Business West. The furlough scheme is hugely successful – but how will it end?

One of the government’s boldest and most effective interventions during the coronavirus has been the Coronavirus Job Retention Scheme (or furlough scheme). It is also, undoubtedly, one of the most important for businesses. Many businesses have suffered a massive shock to income, and furloughing has offered an ability to keep outgoings to a minimum,...

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Coronavirus update: Furlough scheme extension welcomed by business groups

May 12, 2020
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Coronavirus update: Furlough scheme extension welcomed by business groups

Chancellor Rishi Sunak’s decision to extend the government’s Coronavirus Job Retention Scheme to October will be a “huge relief” to firms in the West of England, according to the region’s largest business group. Business West, which runs the Swindon and Wiltshire Initiative, said its research showed the scheme, launched by Mr Sunak, pictured, in...

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Pair of senior appointments boost Thrings’ private client offering

May 5, 2020
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thrings

Swindon-headquartered regional law firm Thrings has strengthened its private wealth team by appointing Kathryn Bew and Jermaine Smith as senior associate and associate respectively. A specialist in family law, Kathryn, pictured right, has more than 26 years’ experience of advising UK-based and international clients and also offers non-adversarial approaches to the resolution of family...

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Coronavirus update: Two more surveys reveal looming job cuts and massive falls in confidence

May 3, 2020
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Coronavirus update: Two more surveys reveal looming job cuts and massive falls in confidence

The devastating impact of the coronavirus pandemic on businesses in the West of England has been highlighted again in the results of two more surveys this week – with one showing two-thirds of firms suffered a fall in orders while the second reveals productivity is down at 80% of the region’s small manufacturers. Unsurprisingly,...

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