Three Bath businesses are taking on the national 2.6 Challenge in aid of city charity Julian House to help people experiencing homelessness during the coronavirus crisis. Bath-headquartered law firm Royds Withy King, The Royal Crescent Hotel and advanced analytics company Actual Experience have signed up for the challenge, which takes place this Sunday, April...
Fewer than one in six West of England firms believe they will be able to cope if the coronavirus crisis lasts for more than six months, according to the results of the first major survey highlighting the impact of the pandemic on the region’s businesses. More than 70% of firms have already suffered a...
A taskforce bringing together businesses, universities and the West of England’s local authorities is being set up to ensure the region’s economy recovers as quickly as possible from the impact of the coronavirus crisis. The new group will also represent the region in discussions with central government to make sure its needs are heard...
Private equity provider YFM has appointed David Wrench as an investment director with a particular focus on the South West market. David, pictured, has joined the team to invest in growth capital and buyout opportunities. His appointment follows the recent raising of a new £80m YFM buyout fund. David previously worked for accountancy firm...
The government’s £1.25bn funding package to support innovative start-ups and research-intensive firms impacted by the coronavirus pandemic has been welcomed by business and civic leaders in the West of England. The measures include a Future Fund – a new £500m loan scheme for high-growth firms – and £750m of targeted support for small and...
More than 740 businesses in the Bath area have received urgent support grants from Bath & North East Somerset Council totalling £11m to help them stave off the impact of the coronavirus crisis. The council’s Invest in Bath business support team worked throughout the Easter weekend to continue processing applications for the central government-funded...
More than 40,000 businesses have sought advice and guidance on how they can survive the coronavirus pandemic from a special service set up by Business West, the organisation behind Bath Chamber of Commerce. Trading Through Coronavirus, which went live exactly a month ago, provides expert information and guidance to businesses as well as capturing...
A Bath boutique hotel and its restaurant have become the first business in the city to get a loan from Barclays under the government-backed Coronavirus Business Interruption Loan (CBIL) scheme. The Queensberry Hotel and Olive Tree Restaurant on Russel Street has received the £450,000 loan to support its cashflow, allowing it to pay is...
Small charities in Bath have received much-needed finance from an emergency fund set up by region’s community foundation to help them cope with spiralling demand as a result of the coronavirus crisis. Quartet Community Foundation, which covers Bath and across the West of England, has distributed more than £250,000 to local charitable organisations since...
The health and social care sector team at Bath-headquartered law firm Royds Withy King has advised on the acquisition of a Bristol care home despite the devastating impact of the coronavirus pandemic on the sector. Lawyers in the team worked with specialist mortgage broker Chandler & Co for several months on the deal to...
