Nearly nine out of 10 South West manufacturers expect the coronavirus pandemic to hit their sales over the next six months, with half saying they will need to axe staff to stay in business. And despite action by the government to support businesses during the crisis, three-quarters of manufacturers in the region believe it...
As the city’s leading independent online business news provider, Bath Business News is stepping up during these challenging times to ensure that Bath remains a successful, innovative and forward-looking business hub. Next week we will launch the Bath Business News Coronavirus Knowledge Hub, a unique source of essential news, information and advice as the...
A top accountant is warning Bath firms hit by the coronavirus crisis not to rush into seeking financial help through the government’s newly-amended package of business support. Chancellor Rishi Sunak announced changes to the measures yesterday amid widespread criticism that they were not assisting enough businesses and that some banks were putting too many...
The people of the UK are making extraordinary efforts to limit the health impact of Covid-19. NHS staff, aided by carers and volunteers, are doing sterling work in the face of unprecedented pressures. Families, friends, and neighbours are rallying round those who are ill or isolating themselves. And thousands of businesses are safeguarding the...
Bath area hospice Dorothy House is urgently seeking support from city businesses to help it step up its response to the national health emergency triggered by coronavirus pandemic. It has launched its Stepping Up Support appeal to raise funds for its clinical teams to provide extra care for the community in response to rising...
Bath-based specialist finance provider 1pm has joined calls for the government to let non-bank lenders like itself join funding schemes aimed at helping businesses cope with the impact of the coronavirus pandemic. While such lenders provide a third of all UK consumer credit and a third of funding to businesses for investment in plant,...
Bath-based financial planning firm Unividual has teamed up with the charity MyBnk to help educate children and young people on how to manage their finances. The Money Mondays campaign, which launched this week, aims to give young people the best start in life when it comes to their savings. Taking place weekly on Unividual’s social...
Each week Bath accountancy firm Pearson May and Bath Business News team up to bring you the top national finance stories. This week we look at . . . How to access coronavirus support schemes Details on how to apply for emergency measures. Find out here if this applies to you Five personal tax changes...
Three-quarters of South West firms were hit by the coronavirus pandemic in the first two weeks of March, according to a new survey which also shows the outbreak has triggered a marked fall in businesses confidence in the region. Lloyds Bank’s Business Barometer – a monthly survey of more than 1,000 companies carried out...
Warnings about future profits made by South West companies listed on the London Stock Exchange have soared by 75% compared to this time last year – with most of them blaming the coronavirus pandemic. The latest analysis from international accountancy group EY shows there have been 14 profit warnings issued in the region so...
