A precision engineering firm founded in the 1960s and which now works with some of the region’s largest blue-chip manufacturers is looking forward to a bright future under new ownership. Frome-based Keyford has been acquired by the Edwin Lowe Group of Birmingham for an undisclosed sum in a deal supported by the...
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 support measures during the Covid...
Defence manufacturing group Avon Protection has said it is set for growth next year after overcoming delays in military orders from the US. In a trading update the Melksham-headquartered firm, which specialises in protective gear, masks and breathing equipment for the military and first-responder markets, said its medium-term bounce back was underpinned by a strong...
West of England businesses are warning that the economic recovery from the pandemic is at risk due to growing inflationary pressures and worker shortages. A third of the 250-plus firms taking part in the latest quarterly survey by regional business group Business West said they had to increase their prices due to rising input costs. ...
Small businesses in Bath and across the West of England are being offered help to improve their digital presence to enable them to grow. The Tech for Growth programme will match businesses with a consultant and support them with up to four days of hands-on assistance to develop and adopt technology. The support is...
The Prime Minister announced last month that National Insurance contributions (NICs) and the three dividend tax rates will all increase by 1.25% from next April to pay for the social care system in England, writes Pearson May partner Jacqui Bowden. From April 6, the basic rate of dividend tax increases to 8.75% (up from...
Business West, the region’s largest business group, has been certified as a B Corporation, joining an elite, forward-looking global community that balances profit with people and the planet. The B Corp movement encourages organisations to take an ethical approach to business to make a positive difference in the world. To gain its certification, businesses...
More than £1m has been pledged by businesses and organisations across the West of England from their unused apprenticeship levy funds to help people in the region develop new skills. The funds have gone to the Share to Support scheme, which was launched earlier this year to create vital apprenticeships for individuals and boost...
The South West’s key sectors could suffer irreparable damage unless the government starts to tackle the shortage of workers by easing EU visa restrictions, the region’s business leaders today warned. But even providing temporary visas for jobs such as drivers and food workers would only be a short-term measure and ministers must also come...
Small firms based in the Mendip area that have been hit by the pandemic or Brexit are being urged to apply for revitalisation grants of up to £20,000 before the deadline in less than two weeks. The grants of between £5,000 and £20,000 are available to businesses in the area covered by Mendip District...
