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Coronavirus update: South West manufacturers fear widespread job cuts as sales and orders plummet

April 8, 2020
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Coronavirus update: South West manufacturers fear widespread job cuts as sales and orders plummet

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...

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Coming next week from Bath Business News – the Coronavirus Knowledge Hub

April 3, 2020
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Coming next week from Bath Business News – the Coronavirus Knowledge Hub

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...

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Coronavirus update: Think carefully before taking advantage of Govt-backed crisis loans, says accountant

April 3, 2020
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Coronavirus update: Think carefully before taking advantage of Govt-backed crisis loans, says accountant

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...

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Coronavirus update: Bath firms urged to step up and support Dorothy House Hospice appeal

April 3, 2020
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Coronavirus update: Bath firms urged to step up and support Dorothy House Hospice appeal

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...

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Non-executive director joins AB Dynamics as it monitors impact of Covid-19 on global auto sector

April 3, 2020
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Non-executive director joins AB Dynamics as it monitors impact of Covid-19 on global auto sector

Advanced engineering group AB Dynamics has appointed the former group finance director of the company behind the Williams Formula One racing as a non-executive director. Louise Evans, who was most recently finance director at shipping services firm Braemar, joins AB’s board next week. She will also chair the firms audit and risk committee.  AB...

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Coronavirus update: Business confidence falls as firms start to feel impact of pandemic

April 1, 2020
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Coronavirus update: Business confidence falls as firms start to feel impact of pandemic

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...

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Coronavirus update: Profit warnings soar as firms start to feel financial impact of pandemic

March 31, 2020
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Coronavirus update: Profit warnings soar as firms start to feel financial impact of pandemic

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...

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Coronavirus update: Business West welcomes new insolvency and red tape measures

March 30, 2020
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Coronavirus update: Business West welcomes new insolvency and red tape measures

The latest moves by the government to support businesses, including relaxing the insolvency laws and removing some red tape, have been given the thumbs up by the region’s largest business organisation. Business West described the measures, announced by Business Secretary Alok Sharma on Friday evening, as sensible steps that would help protect companies weakened...

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University of Bath draws on its expertise to help city hospitals in battle against coronavirus

March 27, 2020
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University of Bath draws on its expertise to help city hospitals in battle against coronavirus

Academics from the University of Bath have stepped in to help staff in the city’s hospitals combat coronavirus by overcoming a shortage of much-needed personal protection equipment (PPE). In the just three days the university’s Faculty of Engineering & Design has produced and delivered 250 face shields, pictured, for medical staff in the Royal...

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Bath Business Blog: Isabel Thompson, Warner McCall Resilience. Cyber security guidance for remote working during Covid-19

March 27, 2020
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Bath Business Blog: Isabel Thompson, Warner McCall Resilience. Cyber security guidance for remote working during Covid-19

In these challenging times, it’s sad to learn that cyber criminals are only increasing their activity as they look to capitalise on the Covid-19 crisis, writes Isabel Thompson, commercial director at cyber security and resilience firm Warner McCall Resilience. With the NCSC (National Cyber Security Centre) issuing warnings of such activity on a daily...

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