The 50% business rate cut for retail, leisure and hospitality firms will bring relief to high streets and their small, independent shops, according to property consultants Cushman & Wakefield’s South West managing partner Tim Davis. “It will have a real impact on businesses that are still recovering from the...
Many businesses in Bristol were hoping for a game-changing Budget to tackle the immense problems they face – but according to the regional branch of the FSB (Federation of Small Businesses) this doesn’t feel like one. FSB development manager for Bristol, Bath & South Gloucestershire, Sam Holliday, pictured, said:...
Business West, the region’s largest business group, said many firms would “remain muted in their enthusiasm” for a Budget that failed to address the scale of the post-Covid challenges they face. The organisation, which runs Bristol Chamber of Commerce, also claimed the West of England had again missed out...
Business groups have welcomed a number of measures in yesterday’s Budget but said Chancellor Rishi Sunak could have done more to encourage investment. The CBI, which speaks on behalf of 190,000 businesses of all sizes and sectors, described it overall as business friendly, with its director-general Tony Danker saying...
Chancellor Rishi Sunak has delivered his Autumn Budget and Spending Review. The main points are: Chancellor began speaking at 12:34pm Employment is up and wages are rising, he said. Budget prepares for a new economy post-Covid, he said. “An economy fit for a new age of optimism.” Higher inflation was...
National commercial property and investment company LCP has promoted Adam Martin, associate director in its Bristol office to director. Adam, pictured, joined LCP in 2019 and has more than 13 years’ experience in commercial property. He will remain head of the office – which opened in 2019 – with...
Decarbonising Bristol’s economy could trigger business worth £9.2bn for local firms – bringing one of the biggest opportunities to the city since the arrival of the railways nearly 200 years ago. The phenomenal figure is being highlighted by Business West, the region’s largest business group, and Mayor of Bristol Marvin...
The potential of hydrogen to transform the West of England’s economy, from its transport to the way its homes are heated, is to be explored by a new consortium of businesses and universities. The group, which includes many of Bristol’s largest firms such as Airbus and EDF, was launched...
The monthly insolvency statistics published by The Insolvency Service for September show the number of registered company insolvencies were at their highest since the start of the first UK lockdown in March 2020. This is effectively a rebalancing back to normalised insolvency levels across the economy, after the government...
The corporate team at national law firm Foot Anstey has advised on a deal to create one of the largest conveyancing practices in the UK, further consolidating the fast-growing market. The acquisition of rival Pirie Palmann by Simply Conveyancing has led to a national firm with more than 300...
A team from Bristol-headquartered national law firm TLT has worked with a major affordable housing provider on a second scheme in London as the need for high-quality privately rented homes in the capital shows no sign of abating. The latest deal involved Network Homes developing and disposing of an...
A Bristol-based chain of family-owned pizza restaurants has expanded into Bath after securing funding from Barclays. Bosco Pizzeria has successfully launched its third restaurant in the city, pictured, and is now due to open in Cheltenham shortly as it bounces back from the impact of the pandemic. The group is the...
A decommissioned nuclear power station on Bristol’s doorstep has taken another step closer to becoming the site of the world’s first full-scale ‘fusion’ plant. Under the scheme the site at Oldbury-on-Severn, north of Bristol on the banks of the River Severn, would harness the game-changing new form of clean power...
