The Business : News

FSB welcomes government support package for self-employed

Responding to the Chancellor Rishi Sunak's pledge of financial support for the self-employed impacted by the coronavirus crisis, Dorset Development Manager for the Federation of Small Businesses (FSB) Nicola Bailey said: "This bold support package from the government will give much-needed help to vast numbers of self-employed workers, guaranteeing 80 per cent of income to those affected, with earnings of up to £50,000.

Dorset Business Angels launch virtual investor pitches

Dorset Business Angels (DBA) April pitch event has been relaunched as a virtual pitch platform which will enable 5 businesses the opportunity to continue to seek investment from the business angels.

Small firms applaud £330 billion loan pledge as Chancellor promises to do "everything necessary" to help businesses

Following on from the announcement of a range of measures to support small firms impacted by current coronavirus-linked disruption in last week's Budget, the Chancellor has pledged:

Getting it done!

This afternoon the newly-appointed Chancellor, Rishi Sunak, took to the stand to deliver the 2020 Budget. Less than a month into the job, at the centre of a global health crisis, the plans for Brexit not exactly firmed up and pressure from number 10, Mr Sunak had his work cut out. Chris Downing, Director at South Coast accountancy firm, Inspire, sets out his response to the budget and advice for businesses.

Budget blow for access to finance

The Budget has confirmed plans to grant HMRC 'preferential status' in insolvencies from December 2020, says insolvency and restructuring trade body R3. Business groups, including R3, have described this policy as a threat to business lending and business rescue.

Buy-to-let landlords face 'seismic' tax change

People selling buy-to-let properties or other property owners could clock up financial penalties due to 'seismic' changes to the capital gains tax (CGT) payment rules, says tax specialist Imogen Lea, from Clarke Willmott LLP.

Cashflow concerns causing sleepless nights for half of SMEs

Half of SMEs polled as part of Close Brothers Asset Finance's latest research* have admitted to suffering sleepless nights caused by cashflow concerns; a further 59% said that maintaining cashflow consistently is a 'problem'.

Chris Jenkins Farmers Mercantile Insurance Brokers

Storm Ciara: Flood insurance expert and Fishlake victim warn thousands could be at risk of 'losing everything' due to underinsurance

In the wake of Storm Ciara, a flood insurance expert and Fishlake flooding victim are warning of the dangers of being underinsured and cautioned that thousands of businesses risk 'losing everything' if they are hit.

Grants of up to £100,000 available for community energy projects

The Solent Local Enterprise Partnership (LEP) is a key player in a new Rural Community Energy Fund (RCEF) that will supply vital funding for local communities wishing to benefit from its own supply of clean renewable energy. There is a free workshop on Thursday 13 February at Lyndhurst Community Centre from 5.30pm - 7.30pm to support local groups who are interested in finding out more.

Emily performs during a showcase by the Hanger Farm Community Theatre at Hanger Farm Arts Centre in Totton.

Funding boost for innovative theatre company

An inclusive theatre company is celebrating receiving more than £20,000 to expand its work to improve people's lives through the performing arts.

South West Hospitals receive multi-million-pound finance boost

Over 29 million pounds is being invested into the NHS in the South West to improve services and access to much needed care during the busy winter months. The funding follows an announcement earlier in the year which outlined the governments plans to give more than £145 million to NHS Trusts across the country to improve emergency care.

Great South West partners target £45 billion economic boost

A powerful coalition of South West businesses, education leaders and local authorities has pledged to work in partnership with Government to make the Great South West the latest growth alliance to rebalance the UK economy. The Great South West partners have published a local growth prospectus that aims to deliver £45 billion of economic benefit and 190,000 new jobs over the next 15 years.

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