A surprise fall in the number of corporate insolvencies could herald the ‘calm before the storm’, the South West branch of insolvency and restructuring trade body R3 has warned. Figures published by the Insolvency Service show a 30% drop in companies going bust at the height of the coronavirus crisis in May compared to...
Unemployment has soared by 145% in the West of England since the start of the coronavirus pandemic, according to figures published today, with just nearly 40,000 people claiming jobless benefits. At the same time, around 22% of the region’s workforce – 132,600 people – have been furloughed while job vacancies have fallen sharply, down...
Small and medium-sized Bath businesses investing in digital innovation to address challenges arising from Covid-19 can access grants of between £10,000 and £40,000 under a new scheme started by UWE Bristol. The university’s £1m Digital Innovation Fund is aimed at helping firms ranging from start-ups and micro businesses to more established organisations as they...
Business West, the region’s largest business organisation, has joined bodies representing business, education and employment in urging the government to rethink its controversial quarantine rules for travellers arriving in the UK. In an open letter to the home, foreign and transport secretaries, Business West, UK Hospitality, Universities UK and others argue that it was...
Chancellor Rishi Sunak recently announced more details on the extension of the Coronavirus Job Retention Scheme (CJRS), including bringing forward by a month the option to bring furloughed employees back part time. With so much information coming out from the government on the scheme, Mogers Drewett employment partner Sean McDonough here highlights the key...
The Bath head office of national law firm Stone King is hosting three free webinars next week to support charities as they face huge challenges caused by the coronavirus pandemic. The webinars are part of an ongoing series staged during the crisis by Stone King, one of the UK’s top firms advising the charity...
A new support programme has been set up to help Bath firms whose employees’ mental health and wellbeing have been impacted by the coronavirus pandemic. The West of England Combined Authority (WECA) is investing £100,000 to develop Thrive West, which aims to address some of the key mental health issues businesses say their employees...
Regional law firm Mogers Drewett has made two appointments to its corporate commercial and private client teams in its Bath office. Solicitor Dominic Shard joins the corporate commercial team from London firm BDB Pitmans, where he specialised in insolvency and distressed mergers and acquisitions, while solicitor Hannah Welbourn, who previously worked in the Bath...
A new programme to help Bath’s small businesses improve their digital presence has been launched by the West of England Combined Authority (WECA) as it expands its Growth Hub to help firms bounce back from the impact of the Covid-19 pandemic. The Trading Better Online programme has been developed in partnership with regional tech...
An eight-point checklist to help owner-managers deal with the impact of the coronavirus pandemic on their businesses has been launched by the South West arm of insolvency and restructuring trade body R3. The organisation’s members, who include insolvency practitioners, lawyers, and turnaround and restructuring experts, work with business owners to mitigate and resolve financial...
