Media

AUTUMN BUDGET 2021: National business reaction

October 27, 2021
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AUTUMN BUDGET 2021: National business reaction

Business groups have welcomed a number of measures in yesterday’s Budget but said Chancellor Rishi Sunak could have done more to encourage investment. The CBI, which speaks on behalf of 190,000 businesses of all sizes and sectors, described it overall as business friendly, with its director-general Tony Danker saying the Chancellor had shown a...

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AUTUMN BUDGET 2021: Key points . . .

October 27, 2021
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Chancellor Rishi Sunak has delivered his Autumn Budget and Spending Review. The main points are: Chancellor began speaking at 12:34pm Employment is up and wages are rising, he said. Budget prepares for a new economy post-Covid, he said. “An economy fit for a new age of optimism.” Higher inflation was a global problem, said the...

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Brighter future could be in store for indie shops, Royds Withy King’s retail report shows

October 22, 2021
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Brighter future could be in store for indie shops, Royds Withy King’s retail report shows

Independent shops may have a stronger trading outlook than large chains despite the UK’s high streets being under more pressure than ever, according to research carried out by regional law firm Royds Withy King. However, its Retail Reboot report says that commercial landlords, tenants and local government must work together to redefine what the high street...

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Rising costs and labour shortages combine to end post-pandemic rise in business confidence

October 14, 2021
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Rising costs and labour shortages combine to end post-pandemic rise in business confidence

West of England businesses are warning that the economic recovery from the pandemic is at risk due to growing inflationary pressures and worker shortages. A third of the 250-plus firms taking part in the latest quarterly survey by regional business group Business West said they had to increase their prices due to rising input costs. ...

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B Corp certification for Business West in recognition of its stance to ‘pursue purpose as well as profit’

October 7, 2021
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B Corp certification for Business West in recognition of its stance to ‘pursue purpose as well as profit’

Business West, the region’s largest business group, has been certified as a B Corporation, joining an elite, forward-looking global community that balances profit with people and the planet. The B Corp movement encourages organisations to take an ethical approach to business to make a positive difference in the world.  To gain its certification, businesses...

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Government lack of planning over worker crisis threatening future of firms, warn business leaders

October 3, 2021
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Government lack of planning over worker crisis threatening future of firms, warn business leaders

The South West’s key sectors could suffer irreparable damage unless the government starts to tackle the shortage of workers by easing EU visa restrictions, the region’s business leaders today warned. But even providing temporary visas for jobs such as drivers and food workers would only be a short-term measure and ministers must also come...

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Business West hoping its Great British food export platform tastes success in global Chamber awards

September 26, 2021
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Business West hoping its Great British food export platform tastes success in global Chamber awards

A scheme originally set up by regional group Business West to help food firms from across the South West sell abroad is competing for a prestigious international award. The online platform’s aim was initially to close the exporting gap with other UK regions.  Now rebranded as The Great British Food Programme, it has evolved...

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Pharma industry events ‘to ban Vectura’ following £1.1bn takeover by tobacco giant

September 20, 2021
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Pharma industry events ‘to ban Vectura’ following £1.1bn takeover by tobacco giant

Staff from Wiltshire specialist inhaler firm Vectura have been barred from attending a pharmaceutical industry conference days after its controversial £1.1bn acquisition by tobacco group Philip Morris International (PMI). In an apparent rebuff by academics over the deal, Chippenham-based Vectura was stripped of its sponsorship of a major lung health conference due to take...

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Use furlough’s final weeks to address any financial issues, insolvency group urges directors

September 3, 2021
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Use furlough’s final weeks to address any financial issues, insolvency group urges directors

A West of England insolvency expert is calling on Swindon’s bosses to make use of the final month of the government’s furlough scheme to plan for the future. Philip Winterborne, who chairs insolvency and restructuring trade body R3 in South West, says directors should review their businesses over the next four weeks and seek...

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Mixed picture on short-term outlook for region’s businesses as confidence levels waver

August 31, 2021
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Mixed picture on short-term outlook for region’s businesses as confidence levels waver

Optimism among South West firms in the economy is increasing as the region continues to recover from the pandemic, according to a new survey, but businesses have become less confident about their own prospects. The latest Business Barometer from Lloyds Bank Commercial Banking shows confidence levels among firms in the South West dropped month-on-month by four...

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