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...
Bristol firms hit by Covid-19 restrictions can apply for financial assistance through a new round of discretionary business grants – but should be quick as funding is limited. The pay outs are specifically for businesses that have been severely financially impacted by restrictions during the city’s Tier 2, Tier...
Small firms impacted by the coronavirus pandemic can apply for one of 100 fully funded internships in a scheme run by the University of Bristol. The university hopes the £125,000 scheme, which it is funding partly from alumni donations, will help struggling businesses while also giving students vital work experience. The...
Turning a huge site at Avonmouth and Severnside into one of a new generation of ‘freeports’ could give Bristol’s economy a massive post-pandemic boost and create up to 50,000 jobs, it was claimed today. The West of England Combined Authority (WECA), which includes Bristol City Council, today officially submitted...
Businesses based at SETsquared Bristol, the city’s acclaimed incubator, last year attracted investments worth a total of £40.2m – equivalent to more than 10% of the total raised by the South West region for the third year in a row. The achievement came despite the region’s investment market slowing...
Bristol-based specialist software firm Invatech Health has received another financial shot in the arm as it looks to revolutionise the pharmacy sector with its pioneering technology. The firm has been awarded £900,000 award from the government-backed Innovate UK agency under a competitive programme to support game-changing tech innovations in small...
