Legal

BUDGET 2021: National business reaction

March 3, 2021
By
Rishi_Sunak

The CBI said Chancellor Rishi Sunak’s decision to hike Corporation Tax to 25% in one leap – the first increase since 1974 – would “cause a sharp intake of breath” for many businesses. It also warned that the move – which is planned to come into effect in 2023 – sent a worrying signal to those...

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BUDGET 2021: Key points . . .

March 3, 2021
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BUDGET 2021: Key points  . . .

Chancellor Rishi Sunak has delivered his Budget this afternoon. The main points are:  No rise in VAT, income tax or national insurance  Corporation tax to rise from 19% to 25% from 2023 but only 10% largest companies will pay, Chancellor claims  Two-year ‘super deduction’ in tax for companies that invest in innovation  Eight ‘Freeports’ established...

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Thrings team leads on £50m funding deal to boost Cornwall’s broadband network

February 17, 2021
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Thrings team leads on £50m funding deal to boost Cornwall’s broadband network

A specialist banking and finance team led by Swindon-headquartered law firm Bristol office has secured a £50m investment to roll out gigabit-capable broadband services across Cornwall. The funding will support Cornish internet service provider Wildanet’s growth plans by substantially expanding its network across the county.  Redruth-based Wildanet was launched in 2017 by chief executive...

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Gloomy South West firms see no short-term relief from Covid-19 but vaccine roll-out lifts spirits of some

January 29, 2021
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Gloomy South West firms see no short-term relief from Covid-19 but vaccine roll-out lifts spirits of some

Business confidence among South West firms has slumped to the lowest in England as the latest lockdown pushes sales down further and puts more pressure on staffing levels. Just 11% for businesses in the region expect trading levels to have returned to pre-pandemic levels by this time next year while one-in-five expect to have...

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Complex injuries specialist joins Novum Law as an associate solicitor

January 27, 2021
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Complex injuries specialist joins Novum Law as an associate solicitor

Specialist personal injury law firm Novum Law has strengthened its team with the appointment of associate solicitor Sabeena Pirooz. Sabeena, pictured, joins the Swindon-headquartered firm following a period of significant growth in demand for its expert medical negligence legal advice and support.  Sabeena qualified as a solicitor in 2011 and has more than 15 years’...

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UK post-Brexit trading rules with the EU are complicated, so get advice now, firms are urged

January 19, 2021
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UK post-Brexit trading rules with the EU are complicated, so get advice now, firms are urged

Swindon firms struggling with post-Brexit trade complications are being urged to get expert advice and support by Business West, the region’s largest business organisation. With the UK now outside of the European Union as of December 31, businesses must adhere to new rules and regulations when trading with the EU.  As reports emerge of how...

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Business West looks to wider talent pool for new directors to avoid its board becoming ‘echo chamber’

January 17, 2021
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Business West looks to wider talent pool for new directors to avoid its board becoming ‘echo chamber’

Business West, the region’s largest business group, has broken with its traditional method of recruiting for its board to take on three new non-executive directors. The £10m turnover group, which runs the Swindon & Wiltshire Initiative, said the move was designed to access a wider talent pool that represented the full range of the...

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New ‘body blow’ for Swindon businesses as UK enters third national lockdown

January 5, 2021
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New ‘body blow’ for Swindon businesses as UK enters third national lockdown

The latest lockdown will be another “body blow” to Swindon firms, coming after the uncertainty caused by Brexit and lost trade in the run-up to Christmas, the region’s biggest business group warned today. Business West, which runs the Swindon & Wiltshire Initiative, said firms that had survived so far with Covid-related support from the...

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Government financial support for locked down firms covered just quarter of their costs, survey shows

December 13, 2020
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Government financial support for locked down firms covered just quarter of their costs, survey shows

West of England Firms have slammed government financial support for businesses forced to close during the most recent lockdown as grossly inadequate. Some 54% of businesses that were shuttered during November – including restaurants, cafes and non-essential retailers – said the financial assistance covered less than a quarter of their overheads, a new survey...

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Brexit confusion continues for third of firms as UK-EU talks go down to the wire

December 8, 2020
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Brexit confusion continues for third of firms as UK-EU talks go down to the wire

A third of South West firms still do not know if they will be impacted by Brexit with less than four weeks to go to the end of the UK-EU transition period, according to a new survey. At the same time 46% are worried that Brexit could have a bigger impact on them than...

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