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Coronavirus update: Business Link and South West TUC call for stronger regional response to crisis

March 23, 2020
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Coronavirus update: Business Link and South West TUC call for stronger regional response to crisis

The South West TUC and Business West, the region’s largest business organisation, have jointly welcomed the latest government measures to tackle the economic and jobs crisis triggered by the coronavirus pandemic. But in a joint statement they slammed the regional response as “too slow . . . fragmented and...

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CORONAVIRUS UPDATE: All pubs, bars and restaurants to close tonight as Chancellor announces ‘unprecedented’ support for firms

March 20, 2020
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CORONAVIRUS UPDATE: All pubs, bars and restaurants to close tonight as Chancellor announces ‘unprecedented’ support for firms

Pubs, cafes and restaurants must close down this evening, Prime Minister Boris Johnson has announced, as Chancellor Rishi Sunak unveiled a massive package of measures to support businesses and their workers. The government is to pay 80% of wages for employees not working, up to £2,500 a month, Mr...

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Coronavirus update: PM urges Bristol aerospace factories to build much-needed ventilators for NHS

March 20, 2020
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Coronavirus update: PM urges Bristol aerospace factories to build much-needed ventilators for NHS

Bristol manufacturers are being advised on measures they can take to switch production to essential medical equipment that will help tackle the coronavirus crisis. Earlier this week the Prime Minister called on around 60 leading UK manufacturers to make specialist medical equipment including ventilators.  Among the businesses were aerospace...

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Business West training scheme in the running for blue-chip national recruitment award

March 18, 2020
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Business West training scheme in the running for blue-chip national recruitment award

A training programme staged by Business West, the region’s largest business organisation, has been nominated alongside the likes of Apple and Google at a prestigious national awards scheme. Pathways to International Trade, which is in its sixth year, involves talented undergraduate students undergoing an intensive four-day training course in...

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Coronavirus update: Chancellor announces emergency measures to support businesses

March 17, 2020
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Coronavirus update: Chancellor announces emergency measures to support businesses

Chancellor Rishi Sunak has unveiled an emergency £330bn package to support businesses during the coronavirus crisis. Mr Sunak, pictured, said the move was equivalent to 15% of the UK’s GDP and added that if demand was greater than the initial £330bn he would go further and provide as much...

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KPMG shuts Bristol office for day in face of rising fears over coronavirus’s threat to business

March 13, 2020
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KPMG shuts Bristol office for day in face of rising fears over coronavirus’s threat to business

More than 500 people working at global accountancy group KPMG’s Bristol office were told to work from home today as the city begins to come to terms with the rapid spread of coronavirus. KPMG’s decision to close the Queen Square office – along with its London headquarters – is...

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Bristol Business Blog: Paul Hardman, Gregg Latchams. Coronavirus and business – what you need to know

March 13, 2020
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Bristol Business Blog: Paul Hardman, Gregg Latchams. Coronavirus and business – what you need to know

Paul Hardman, director and head of corporate and commercial at Bristol law firm Gregg Latchams – a member of China Britain Business Council – examines the impact and legal implications of the Covid-19 outbreak on UK businesses. Businesses are well versed in the ups and downs of the economy,...

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Spring Budget 2020: Mixed reaction to reform of Entrepreneurs’ Relief

March 12, 2020
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Spring Budget 2020: Mixed reaction to reform of Entrepreneurs’ Relief

The Chancellor’s decision to cut, rather than scrap, Entrepreneurs’ Relief received a mixed response from Bristol advisors but his increase in investment in research and development was widely welcomed. Campbell McKellar, a solicitor in Bristol law firm Meade King’s company and commercial team, said many of its clients in the midst...

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Spring Budget 2020: Regional business reaction

March 11, 2020
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Spring Budget 2020: Regional business reaction

Business West, the region’s largest business organisation, has welcomed Chancellor Rishi Sunak’s response to the coronavirus crisis in his Budget – but warned that its commitment to funding big-scale ‘levelling-up’ infrastructure projects through borrowing could unravel if the economy goes into recession. Managing director Phil Smith, pictured, said a...

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Spring Budget 2020: National business reaction

March 11, 2020
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Spring Budget 2020: National business reaction

The CBI described Rishi Sunak’s first Budget as “bold” in combining the much-needed immediate response to the coronavirus crisis with longer-term measures to boost the economy. Director-general Dame Carolyn Fairbairn, pictured, said the Chancellor had worked against the clock in deeply challenging times to deliver two Budgets in one...

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Spring Budget 2020: Key economic points so far . . .

March 11, 2020
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Spring Budget 2020: Key economic points so far . . .

Key points from the 2020 Budget so far . . . Growth forecasts updated to 1.4% for 2020 and 1.6% for 2021  Planned rise in alcohol duties cancelled Fuel duty frozen Government to abolish business rates for small shops this year levy on electricity frozen and increased on gas...

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Spring Budget 2020: Chancellor pledges total package worth £30bn to tackle coronavirus

March 11, 2020
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Spring Budget 2020: Chancellor pledges total package worth £30bn to tackle coronavirus

Key points from Chancellor Rishi Sunak’s first Budget . . . Chancellor started speaking at 12:35pm He says public services are well prepared to tackle coronavirus There is likely to be a “significant” impact on the UK economy but it will return to normal There will be a funding...

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LEP highlights region’s industrial collaboration and innovation at its AGM

March 6, 2020
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LEP highlights region’s industrial collaboration and innovation at its AGM

Efforts to boost business productivity and increase innovation among West of England manufacturers have been highlighted by the area’s Local Enterprise Partnership (LEP) at its AGM. The meeting, which went under the banner of ‘Our West, Our Future’, heard how the LEP is now delivering its Local Industrial Strategy to spur...

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