Property

Coronavirus update: Interest rates slashed to lowest-ever level of 0.1% by Bank of England

March 19, 2020
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Coronavirus update: Interest rates slashed to lowest-ever level of 0.1% by Bank of England

The Bank of England has cut interest rates to 0.1% – their lowest level ever – as it attempts to deal with the economic fall-out from the coronavirus pandemic. The move is the second emergency cut in just over a week prompted by the outbreak – last week the rate was reduced from 0.75%...

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Strategic partner hires signal continued growth at Royds Withy King

March 18, 2020
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Strategic partner hires signal continued growth at Royds Withy King

Law firm Royds Withy King, which has its head office in Bath, has further strengthened its business with the appointment of four new partners. Lee Taylor will lead the firm’s Bath-based residential development team in the city from next month.   Lee is joining the firm from Lyons Davidson in Bristol, where he was head...

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Coronavirus update: Chancellor announces emergency measures to support businesses

March 17, 2020
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Coronavirus update: Chancellor announces emergency measures to support businesses

Chancellor Rishi Sunak has unveiled an emergency £330bn package to support businesses during the coronavirus crisis. Mr Sunak, pictured, said the move was equivalent to 15% of the UK’s GDP and added that if demand was greater than the initial £330bn he would go further and provide as much capacity as required.  Measures include:...

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Coronavirus fears force Future to delay two major events but it says move will not hit profits

March 13, 2020
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Coronavirus fears force Future to delay two major events but it says move will not hit profits

Bath-headquartered specialist media group Future has postponed two public events as the coronavirus outbreak continues hit businesses across the city – but it said overall the impact on its day-to-day financial performance had been limited. The group has due to stage The Photography Show and The Homebuilding & Renovating Show at the NEC in...

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London-style model announced by Chancellor to power-up West of England’s public transport

March 13, 2020
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London-style model announced by Chancellor to power-up West of England’s public transport

Public transport in Bath could come under the control of a new regionally-led Transport for London-style body with far stronger powers to coordinate services and hold operators to account. Chancellor Rishi Sunak announced a £4.2bn boost for regional transport services in this week’s Budget – with the West of England Combined Authority (WECA) promised...

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It’s time to turn the tables on your rivals as Ping Pong Fight Club prepares to return

March 13, 2020
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PPFCLD18 Shandshake

The battle of the bats returns to the West of England in May when the region’s third Ping Pong Fight Club takes place – and Bath businesses are being urged to sign up to enter teams for the unique, all-action event.  This year the popular table-top challenge moves to the larger venue of Walkabout...

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Innovative eco food and lifestyle store secures investment with support from Royds Withy King

March 12, 2020
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Innovative eco food and lifestyle store secures investment with support from Royds Withy King

The corporate team at Bath-headquartered law firm Royds Withy King has provided equity investment support to the local entrepreneurs behind a new kitchen, food market and lifestyle store due to open this summer. Called Teals, the venture on the busy A303 at North Cadbury in Somerset aims to connect local communities to local producers....

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Spring Budget 2020: Regional property industry reaction

March 11, 2020
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Spring Budget 2020: Regional property industry reaction

Chancellor Rishi Sunak’s spending commitments on major infrastructure projects received the thumbs up from the region’s industry – but the fact that the West of England was again overlooked in favour of the ‘powerhouses’ of the North and Midlands did not go unnoticed. Tim Davis, head of property agents Cushman & Wakefield’s South West...

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Spring Budget 2020: Regional business reaction

March 11, 2020
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Spring Budget 2020: Regional business reaction

Business West, the region’s largest business organisation, has welcomed Chancellor Rishi Sunak’s response to the coronavirus crisis in his Budget – but warned that its commitment to funding big-scale ‘levelling-up’ infrastructure projects through borrowing could unravel if the economy goes into recession. Managing director Phil Smith, pictured, said a strong statement of intent from...

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Spring Budget 2020: National business reaction

March 11, 2020
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Spring Budget 2020: National business reaction

The CBI described Rishi Sunak’s first Budget as “bold” in combining the much-needed immediate response to the coronavirus crisis with longer-term measures to boost the economy. Director-general Dame Carolyn Fairbairn, pictured, said the Chancellor had worked against the clock in deeply challenging times to deliver two Budgets in one – the first for national...

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