Property News

Wincanton accelerates drive into home shopping market with new eFulfilment centre

July 29, 2020
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Wincanton accelerates drive into home shopping market with new eFulfilment centre

Logistics group Wincanton is looking to take a bigger share of the online growth in the home, and health and beauty sectors by opening a new dedicated eCommerce facility. Chippenham-based Wincanton will operate the facility in Nuneaton, Warwickshire, under its W2 digital banner, with plans for further investment in cloud-fulfilment systems and robotics.  The...

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Lockdown home shopping bonanza delivers boost to Wincanton

July 24, 2020
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Lockdown home shopping bonanza delivers boost to Wincanton

The increase in home deliveries triggered by the spike in online shopping during lockdown will boost profits at logistics group Wincanton, its directors have said. The Chippenham-headquartered group, which has a fleet of 3,500 vehicles and operates 14m sq ft of warehouse space, is a major player in both the supermarket fulfilment and home...

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Profit warnings soar to 20-year high as Covid-19 crisis hits South West’s quoted firms

July 23, 2020
By
EY

The coronavirus pandemic has pushed up the number of profit warnings issued by South West listed businesses to a 20-year high, with those in the travel and leisure sector hardest hit. According to new figures from accountancy group EY, profit warnings soared by 73% year-on-year in the first half of 2020 to 26 – with 85%...

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Chancellor’s summer economic statement: National business reaction

July 8, 2020
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Chancellor’s summer economic statement: National business reaction

The CBI said Chancellor Rishi Sunak was “absolutely right” to prioritise jobs in his summer statement this afternoon. Director-general Dame Carolyn Fairbairn, pictured, said: “Flattening the daunting unemployment curve about to hit our country could not be more important. Joblessness scars lives and hits the young and most disadvantaged hardest.  “Today’s jobs plan is an...

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Chancellor’s summer economic statement: Regional business reaction

July 8, 2020
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Chancellor’s summer economic statement: Regional business reaction

Measures to address the huge economic impact of the coronavirus pandemic announced this afternoon by Chancellor Rishi Sunak have been welcomed by Business West, the region’s largest business group. Matt Griffith, director of policy at Business West – which runs the Swindon & Wiltshire Initiative – described them as impressive but also added that...

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Chancellor’s summer economic statement: Key points . . .

July 8, 2020
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Chancellor’s summer economic statement: Key points . . .

Chancellor Rishi Sunak is making his economic statement in the Commons. He said the government would do “all we can” to help prevent job losses in the wake of the coronavirus pandemic. The main points were:  Government will pay £1,000 to businesses for each furloughed employee they bring back and retain until January. Cut in...

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Promotion for Knight Frank’s South West head of property asset management

July 7, 2020
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Promotion for Knight Frank’s South West head of property asset management

Joanna Crofts, commercial property consultancy Knight Frank’s head of property asset management for South Wales and the South West, has been promoted from associate to partner. Joanna, pictured, joined Knight Frank as a graduate in 2004 and in 2014 joined the property asset management (PAM) team, which manages key industrial, office and retail buildings on...

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Waitrose home delivery contract gives Wincanton poll position in fast-growing market

July 7, 2020
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Waitrose home delivery contract gives Wincanton poll position in fast-growing market

Logistics company Wincanton has struck what it has called a ‘transformational’ deal with supermarket group Waitrose to create a customer fulfilment centre for its online grocery deliveries. In a first for the industry, Chippenham-headquartered Wincanton, which has worked with Waitrose for 20 years, will develop and operate the centre to handle 25,000 deliveries a...

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Gloom lifts slightly as survey shows marked bounce back in business confidence in South West

July 7, 2020
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Gloom lifts slightly as survey shows marked bounce back in business confidence in South West

Business confidence has bounced back stronger in the South West than any other part of the UK, according to a new survey – but many firms remain gloomy and one in 10 expects to stay closed due to the coronavirus pandemic. The monthly Business Barometer from Lloyds Bank Commercial Banking had shown a huge...

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Thrings continues recruitment drive with two senior appointments

July 2, 2020
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Thrings continues recruitment drive with two senior appointments

Swindon-headquartered law firm Thrings has appointed two senior associates - succession and tax expert Gavin Smith and commercial property specialist Natalie Day – to advise the firm’s fast-growing portfolio of land development and private wealth clients. Gavin, who joins Thrings’ Bath office, advises on all aspects of private client law, including succession and estate planning, tax,...

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