Business Admin

8
Nov

Manufacturers report growth acceleration and increased optimism

The purchasing managers’ index for October, based on a survey conducted by HIS Markit, indicates continuing growth in the UK manufacturing sector. In addition, increased confidence and the fact that manufacturers have recently been hiring staff at their fastest rate in more than three years reveals increasing optimism in the sector. For more detail please read the article below which

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27
Oct

Taunton – the only new ‘garden town’ in the South West

Earlier this year the government named Taunton as the only new garden town in the region. Now, the town’s status as one of the UK’s new garden towns has boosted by its council’s approval of two development schemes to build 1,600 houses and associated infrastructure. The completion of such development should certainly provide a significant stimulus to the local economy

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25
Oct

£500m fund to help businesses to improve productivity via investments in new technology & equipment

Lloyds Bank Commercial Banking has just launched a £500m growth fund to provide asset finance which will enable firms to buy capital goods and spread the cost over their lifetime. This, of course, will eliminate the need for large up-front investments by facilitating the opportunity for firms to make smaller payments over long periods of time. For the full story

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25
Oct

Financial help available to enable SMEs to export

UK Export Finance – the UK government’s export credit agency – provides flexible finance solutions to UK exporters, thereby ensuring that no viable UK export fails for lack of financial support. This should prove to be extremely beneficial for firms who would like to export but aren’t competing due to financial constraints – something which an Insider survey of SMEs

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24
Oct

£1.8m funding available to help Gloucestershire SMEs increase apprenticeships

Stroud and South Gloucestershire College and its partners Gloucestershire Enterprise Ltd., the University of Gloucestershire and Gloucestershire College will be funded to assist Gloucestershire based SMEs, which have 250 or less staff, to increase the number of apprenticeships they employ. The funding is being provided by a European Social Funded project. For the full story please read the bulletin below

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18
Oct

Funding support to help SMEs with export trade

Government-backed trade finance is to be made available – through UK Export Finance (UKEF) in partnership with five major high street banks – to help small to medium-size businesses to sell overseas. This financial assistance will be available not only to those companies already exporting but also to those that have not yet developed an overseas trade. Great news for

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18
Oct

£5m funding to help technology sector SMEs in South/South West to grow

The Connecting Capability Fund (CCF) has awarded £5m to SETsquared, a partnership between the universities of Bath, Bristol, Exeter, Southampton and Surrey. The project will concentrate on advanced engineering and manufacturing; digital innovation; environmental, sustainable marine/maritime; and health and wellbeing. This initiative should further help companies in the target sectors to innovate and grow to the benefit of not only

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18
Oct

Bid to establish a spaceport in Cornwall receives real boost!

Strong interest from potential investors, following a trade mission to the USA, has provided significant support to the Cornwall and Isles of Scilly LEP’s bid to establish a spaceport at Cornwall Airport Newquay. If the bid proves successful the airport could have the UK’s commercial launch facility available for operation by 2020. This, of course, would provide supply chain opportunities

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13
Oct

HMRC offer tax support to growing businesses

A news bulletin issued today by accountancy firm Simpkins Edwards, communicates the following message :- “According to HMRC there are approximately 170,000 mid-sized businesses registered in the UK. The businesses with either a turnover of more than £10 million or more than 20 employees, that are undergoing significant growth, can now seek help from HMRC to access the services they

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11
Oct

Bristol’s SMEs contribution to the UK economy expected to grow by 23% by 2025

According to research conducted by Hampshire Trust Bank in partnership with the Centre for Economics and Business Research, small and medium-sized enterprises (SMEs) in the UK’s top ten cities are expected to increase their contributions to the economy by 19% between 2016 and 2025 – from £202bn to £241bn. Although the vast majority of this value originates from SMEs in

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