Property News

Government’s Kickstart scheme will help firms develop young talent, says Business West

September 2, 2020
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Government’s Kickstart scheme will help firms develop young talent, says Business West

Business West, the region’s largest business organisation, has welcomed the launch today of the government’s Kickstart scheme, which offers subsidised job placements to out-of-work young people. Under the £2bn programme, 16 to 24 year olds claiming Universal Credit and at risk of long-term unemployment, will be able to gain six-month work placements.  The government...

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Furniture retailer signs up Wincanton to deliver on its customer service promise

August 31, 2020
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Furniture retailer signs up Wincanton to deliver on its customer service promise

Wincanton, Britain’s largest third-party logistics business, has won a three-year contract to with furniture retailer Dwell, including click-and-collect services in its stores and home deliveries. Under the agreement Chippenham-based Wincanton will also manage store replenishment from the Dwell’s Milton Keynes distribution centre.  Formed in 2003 and owned by DFS since 2014, Dwell sells sofas, dining...

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New team at Georgian pub look to further develop its strong food offering

August 31, 2020
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New team at Georgian pub look to further develop its strong food offering

The new management team at an award-winning historic pub are promising to build on its strong reputation and take its food offering to the next level. Kevin Chandler takes over as head chef of The Methuen Arms in Corsham this week along with new general manager Hannah Liquorish.  Kevin, pictured with Hannah, right and below, is...

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Gloomy West firms start to axe jobs as they count cost of coronavirus on profits

August 24, 2020
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Gloomy West firms start to axe jobs as they count cost of coronavirus on profits

The coronavirus pandemic has hit profits at more than 60% of firms in the West of England – with nearly one-in-seven fearing they will never return to pre-Covid levels of activity, according to the largest business survey in the region. Just under a quarter of firms have, or plan to, axe jobs with a...

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Hard winter for businesses forecast as rents arrears and debts trigger big increase in insolvencies

August 14, 2020
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Hard winter for businesses forecast as rents arrears and debts trigger big increase in insolvencies

A steep rise in corporate insolvencies linked to the coronavirus pandemic is being predicted for this winter – and could start as early as October. New research from insolvency and restructuring trade body R3 indicates that lack of funds to pay their rent is likely to be the biggest cause of firms getting into...

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Boost for LCP’s South West office with arrival of two new asset managers

August 5, 2020
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Boost for LCP’s South West office with arrival of two new asset managers

Commercial property and investment company LCP has expanded its South West office with the appointment of two new asset managers. Alex Williams joins from LaSalle Investment Management, bringing with him experience in asset management, investment analysis and property appraisal.  Alex, who is also working towards his Assessment of Professional Competence (APC), will oversee a mixed...

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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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