Digital engineering innovation developed by Bristol-based specialist CFMS is helping keep costs down on the UK’s HS2 high-speed rail link now under construction between London and Birmingham. The not-for-profit specialist is harnessing its world-class modelling capability to help improve the design and performance of the controversial project, Britain’s biggest...
The West of England Combined Authority (WECA) welcomed an extra £4.1m investment announced in the Budget to support its efforts to reduce car usage and improve air quality by getting more people to walk, cycle and use public transport. This new money, for the year 2021-22, comes as WECA continues to develop its...
Significant private sector investment in the Bristol is being held back by the lack of government support for major infrastructure projects around the city, it was claimed this afternoon. After a Budget this week in which Bristol was absent from the list of UK’s first ‘freeports’ - despite a bid...
Bristol 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 Bristol Chamber of Commerce, said businesses would welcome the extension of the...
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...
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...
Brexit is causing the South West’s small and medium-sized manufacturers ‘significant disruption’ as they try to recover from the economic effects of Covid-19, according to the results of a new survey. The latest South West Manufacturing Barometer shows firms are being hit by more red tape, higher input prices...
The next West of England mayor must show vision and ambition to spearhead the region’s Covid recovery and build a sustainable, long-term prosperity capable of matching London’s economic strength, according to the CBI. The business group this week launched its blueprint for the West of England’s future, which urges...
Bristol businesses will be able to learn how to boost their online overseas sales from successful women in eCommerce, including a city-based lingerie entrepreneur, 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)...
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 Bristol Chamber of Commerce, said following Prime Minister Boris Johnson’s statement in the House of Commons on Monday the...
Invatech Health, the Bristol-based specialist software firm revolutionising the pharmacy sector with its pioneering technology, is aiming to do the same for the UK veterinary market. It is setting up a new distribution service to dispense animal prescriptions issued by vets in collaboration with a second firm, MWI Animal...
Bristol business leaders are calling on Chancellor Rishi Sunak to approve the creation of a ‘free port’ at Avonmouth in a move they say could create up to 50,000 jobs. They are among the signatories to a letter supporting the bid for government funding for the Great Western Freeport. ...
A team of Bristol professional advisors has secured a £40m investment for Yate-based Western Global, the leading provider of industrial liquid storage tanks. Founded as a family business, Western Global has expanded across Europe and North America in recent years. Its premium fuel and lubricants storage and handling products lead...
