As many Coronavirus restrictions will now remain in place until July 19, the government has decided to extend some of the temporary Covid insolvency rules to support struggling businesses. While an extension to the measures is welcome but businesses in distress still face tough months ahead. Originally introduced in March last year, the Corporate...
R3, the restructuring and insolvency trade body, has launched a free guide for company directors on how to spot signs of financial distress, options open to them to resolve it and where to get expert advice. Called Get Back to Business: A guide to dealing with corporate financial distress, it is available to download from www.backtobusinessuk.com The guide: ...
West of England business’s confidence in the economy has bounced back for the first time in four years, according to a new survey, but there are growing fears that the recovery will be choked off by a lack of skilled workers. The latest quarterly economic survey conducted by Business West, the region’s largest business...
An incredibly light material that can reduce aircraft engine noise to little more than that of a hair-dryer has been developed by researchers at the University of Bath. The meringue-like insulation weighs just 2.1kg per cubic metre – making it the lightest ever manufactured. Researchers from the university’s Materials and Structures Centre (MAST) believe...
Pioneering Bath Artificial Intelligence firm Cognisess has relocated to a refurbished grade II-listed office building in the city centre to meet its need for a more collaborative working environment. The firm, which provides a market-leading software platform that helps businesses identify, nurture and retain talent, has pre-let 4,128 sq ft of prime office space in...
The Institute of Directors (IoD) is recruiting a new chair to lead its South West region as the role’s current holder Muir Macdonald comes to the end of his three-year term this autumn. The successful candidate will act as the voice for regional directors, working alongside a dedicated team at the IoD to build on...
Work to bring better connectivity within the reach of almost every home and business in Bath has started – with CityFibre, the UK’s largest independent full fibre platform, breaking ground in the city. CityFibre is investing £25m in a network that it says will future-proof Bath’s digital needs for generations to come. Along with...
Investment by foreign businesses into the South West rose last year despite the pandemic in contrast to a fall for the UK as a whole. According to a new report by accountancy group EY, the South West achieved a 6.7% increase in Foreign Direct Investment (FDI) projects in 2020 – up by two to...
West of England Metro Mayor Dan Norris is calling on employers to help increase the number of apprenticeships in the region. With an estimated £4m to £8m of unused Apprenticeship Levy funds returned to the Treasury each year, Mayor Norris is calling for apprentice levy-paying employers to give their unused funds to a new scheme called Share to Support. Administered...
Maths may not seem an obvious subject to turn to for businesses recovering from the impact of the pandemic but mathematicians from the University of Bath are using their expertise to do just that. The university’s Institute for Mathematical Innovation (IMI) is running a short series of free mini-workshops targeted at sectors that have been...
