Property News

Welcome for lockdown easing from business leaders – but they warn it alone will not save all firms

June 23, 2020
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Welcome for lockdown easing from business leaders – but they warn it alone will not save all firms

Business groups have cautiously backed the reduction of many coronavirus lockdown restrictions announced this afternoon by the Prime Minister. But they also warned that other measures to boost the economy were still needed to avoid widespread business failures and job losses.  In a major boost to the West of England’s vital tourism and hospitality...

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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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Wincanton launches group-wide drive towards positive change on mental wellbeing

June 12, 2020
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Wincanton launches group-wide drive towards positive change on mental wellbeing

Logistics company Wincanton has partnered with charity Mates in Mind to provide all its employees with support and guidance on mental health. The Chippenham-based group said the move was part of the ongoing commitment to support its 17,700 workers, including 4,000-plus drivers, with their mental wellbeing and was an important step towards breaking the...

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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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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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‘Strong fundamentals’ of industrial market will help it bounce back from Covid-19 crisis, says report

May 15, 2020
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‘Strong fundamentals’ of industrial market will help it bounce back from Covid-19 crisis, says report

Take-up in the West of England’s industrial property market will be hit by the Covid-19 pandemic but should bounce back quickly, according to a forecast by one of the region’s top property agencies. Colliers International says the fundamentals of the market remain strong – and even now deals are being done.  Take-up in Bristol...

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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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