Media

BUDGET 2021: Swindon business reaction

March 3, 2021
By
Rishi_Sunak

Swindon business leaders have given many of the measures in today’s Budget a warm welcome – especially the previously-trailed furlough extension – but there was also concern over the delayed Corporation Tax increase. Business West, which runs the Swindon & Wiltshire Initiative, said businesses would welcome the extension of the full range of Covid-19...

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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
By
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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Event: Chance to hear how women are succeeding in global eCommerce in the age of Covid

February 25, 2021
By
Event: Chance to hear how women are succeeding in global eCommerce in the age of Covid

Swindon businesses will be able to learn how to boost their online overseas sales from successful women in eCommerce at a virtual conference next week. The free ‘Women in Global eCommerce’ event on Tuesday is being hosted by the Department for International Trade (DIT) in collaboration with Business West, the organisation behind the Swindon...

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Business groups call for more support for firms as Johnson unveils roadmap out of lockdown

February 23, 2021
By
Business groups call for more support for firms as Johnson unveils roadmap out of lockdown

The South West’s largest business organisation has said many of its members will be “disappointed” with the government’s roadmap for taking England out of national lockdown. Business West, which runs Bath Chamber of Commerce, said following Prime Minister Boris Johnson’s statement in the House of Commons yesterday afternoon the onus was now on ministers to...

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Virtual trade missions to open up new markets for South West ‘tech-for-good’ firms

February 4, 2021
By
Virtual trade missions to open up new markets for South West ‘tech-for-good’ firms

Nearly 50 technology firms from across the South West are to explore potential business deals in the US, India and Singapore as part of a virtual trade mission promoting the region as a ‘tech-for-good’ hotspot. The companies have been selected to take part in Tech 4 Good South West, an initiative launched last September...

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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
By
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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Record year for BGF’s regional office, despite Covid-19, with investments reaching £67m

January 23, 2021
By
Record year for BGF’s regional office, despite Covid-19, with investments reaching £67m

Investment group BGF’s South West team overcame challenges sparked by the coronavirus pandemic to invest a record amount last year. Some £67m was injected into businesses in 2020 – up on the £37m achieved in 2019 and overtaking the previous record of £50m in 2018.  The new investments take BGF’s total funding in the...

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Business West calls on government to act now and extend business rates relief for struggling firms

January 21, 2021
By
Business West calls on government to act now and extend business rates relief for struggling firms

Chancellor Rishi Sunak has been urged to extend business rates relief beyond its March 31 cut-off point to avoid further pressure on firms struggling from lockdown restrictions. The call has come from Business West, the region’s largest business group and the organisation behind the Swindon & Wiltshire Initiative. Businesses in the retail, hospitality and...

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

January 19, 2021
By
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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