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 economic turmoil caused by the...
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 Bath Chamber of Commerce, also claimed the West of England had again missed out when it came to government...
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 a global problem, said the...
National commercial property and investment company LCP has promoted Adam Martin, associate director in its South West, 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 in Bristol - which opened in 2019 – with responsibility for the asset management of...
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 the region’s largest firms such as Airbus and EDF, was launched at an event at...
One of Bath’s longest-running charity events – the annual Brain of Bath quiz – is on target to raise around £12,000 for the city’s main homeless charity. The competition’s unique smells round always proves key in the hotly contested event – and this year it helped architectural and urban design company Feilden Clegg...
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...
Independent shops may have a stronger trading outlook than large chains despite the UK’s high streets being under more pressure than ever, according to research carried out by Bath-headquartered law firm Royds Withy King. However, its Retail Reboot report says that commercial landlords, tenants and local government must work together to redefine what the high...
A chain of family-owned pizza restaurants has expanded into Bath after securing funding from Barclays. Bosco Pizzeria successfully launched its third restaurant in Milsom Place, pictured, and is now due to open in Cheltenham shortly as it bounces back from the impact of the pandemic. The group is the brain-child of Miles Johnson, whose holiday...
Lizzy Painter, a solicitor in the Bath head office of law firm Royds Withy King, has become the new regional chair of a group representing the professional voice of young people in the UK built environment industry. Generation for Change (G4C) aims to drive change in the industry by developing and connecting its future...
